Wednesday, November 24, 2010

Gillard’s NBN case falls flat | Herald Sun Andrew Bolt Blog

Julia Gillard is forced to release some of the business case for her national broadband network, and the figures are huge:
THE National Broadband Network’s pledge to pay back $27.1 billion in taxpayer funds rests on the ability to sign up 8.3 million customers.
It also needs to get a favourable ruling for a business plan that extends its monopoly.
The NBN Co business case summary, released yesterday after pressure from independent senator Nick Xenophon, is short on detail on the rates of return the project will deliver or its pricing, and falls far short of the cost-benefit analysis the Coalition and prominent business leaders have been demanding.....Read more

Opinion: How in the world can any politician pass legislation based on a 36 page summary of a 400 page detailed report? The public, paying for this eventual white elephant, has a right to see the total report now not some time in the future , its like giving a blank cheque to someone, this government is based on and gained power by lies to the voters why is this report being stalled from scrutiny?

Half of Americans Facing Diabetes by 2020: Report

More than half of Americans will have diabetes or be prediabetic by 2020 at a cost to the U.S. health care system of $3.35 trillion if current trends go on unabated, according to analysis of a new report released on Tuesday by health insurer UnitedHealth Group.
Diabetes and prediabetes will account for an estimated 10 percent of total health care spending by the end of the decade at an annual cost of almost $500 billion — up from an estimated $194 billion this year, according to the report titled "The United States of Diabetes: Challenges and Opportunities in the Decade Ahead....Read more