Contents - 02 Feb 2008 COVER STORY: TRANSPORT: End of the line for rail freight? - Antony O'Brien FINANCE: Sub-prime mortgage crisis paralyses credit system - Patrick J. Byrne EDITORIAL: East Timor's new beginning - Peter Westmore CANBERRA OBSERVED: Economic storm facing new government NATIONAL AFFAIRS: A stern test for multiculturalism - John Miller CULTURE AND CIVILISATION: Family values overlooked in the market-place - John Ballantyne STRAWS IN THE WIND: Reading the signs for the New Year (Through a hedge backwards...) / Hijacking foreign aid / Sub-prime lending crisis / Was Hitler's defeat inevitable? - Max Teichmann AFGHANISTAN: Confronting terrorists and the drug trade - Sharif Shuja WOMEN UNDER ISLAM: Silence of the "sisterhood" - Babette Francis EDUCATION: The threat to our literary heritage - Kevin Donnelly OPINION: Who is the real Kevin Rudd? - Brian Peachey Global warming? Stop and think! (letter) - Bob Brooks Flaws in our voting system (letter) - L.B. Loveday Who is running the country? (letter) - M. Gordon Barack Obama on foreign despots (letter) - Frank Bellet Alternative to capitalism and communism? (letter) - John G. Keegan AM AS THE WORLD TURNS: Juvenile crime in Britain / Feminist magazine's anti-Israel bias GOD AND CAESAR: Selected Essays on Religion, Politics, and Society by Cardinal George Pell - Peter Westmore (reviewer) BOOKS: CULTURAL AMNESIA: Notes in the Margin of My Time, by Clive James - Bill James (reviewer) THE TORCH AND THE SWORD: A History of the Army Cadet Movement in Australia, by Craig A. Stockings - Michael E. Daniel (reviewer) News Weekly Books

Sir,

Our newly government in Canberra seems to have overstated their capacity to control interest rates, fuel prices and the cost of living, not to mention Japanese whaling.

Worse still are the threats from the Construction, Forestry, Mining and Electrical Union (CFMEU) about new industrial action.

How ironic it is, given the Coalition parties' warnings in the last election about the prospect of unions running the government, that we have had no less than Andrew Ferguson speaking out for the CFMEU.

He is of course the brother of federal Labor Government ministers Martin and Laurie Ferguson, and son of a former NSW Deputy Premier.

How quickly things have transpired for the worst!

(Mr) M. Gordon,
Flynn ACT
 
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