MELTDOWN DOWN UNDER….As you all know, Labor won last week’s election in Australia, primarily on promises to ratify Kyoto and pull out of Iraq. But it turns out the Liberal (i.e., pro-business right) Party didn’t just go down to defeat. “Instead,” writes John Quiggin, “there has been a meltdown of spectacular proportions on the losing side.” More about the happy news here. With any luck, perhaps we can hope for the same performance next year from our own pro-business right party?

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