Author: peterimrich

Nigel Farage and the Anglo-American Dream – » The Australian Independent Media Network

From a war of Independence comes the hope of  Reverse Dependence in the Anglosphere  herald by a Murdoch Media(ODT)

““English-speaking people have a shared history, heritage, culture in common. It was shameful that we turned our backs on Australia. We now need to build the alliance, in terms of military, trade, security and culture” (Nigel Farage to Sky News Outsiders program 11th August 2019). Farage

via Nigel Farage and the Anglo-American Dream – » The Australian Independent Media Network

Survey reveals low morale in Home Affairs Department

Dutton from Australia’s worst Health Minister to Australia’s worst Minister. When does the message sink in? (ODT)

For an agency that was created to better co-ordinate Australia’s national security across agencies within the portfolio, only 35 percent said they routinely engage with other agencies in the portfolio.

This surely is a wake-up call even for the tone deaf Dutton and Pezzullo.

Hardly surprising the two of them refuse to release the details of the $5 million review of Home Affairs.

And what is their solution to all this dysfunction? Privatisation of visa processing, apparently.

It looks like we’re going from the frying pan and into the fire.

via Survey reveals low morale in Home Affairs Department

Old Dog Thoughts- Ignorant ageists with microphones. Renewables producing more electricity than coal in the USA

Fighting Fake News with REAL,31/8/19; Climate, Ageists and Egomaniac Racists; Greta is welcomed in the US; Renewables in the USA;

Trump’s Fox criticism puts the network’s entire con in jeopardy | Media Matters for America

Trump Fox

his recent criticism of the network shows that he doesn’t understand the con at the heart of the network’s model. Fox is a propaganda outlet whose success depends on maintaining just enough trappings of journalism to avoid that label. And if Trump turns his warning shots into a sustained assault, the result could spell disaster for the network.

Fox and Trump have enjoyed a mutually beneficial, symbiotic relationship. The network helped drive Trump’s political rise, all but fused with his administration after his election, and regularly cheerleads for him. Trump, in turn, is obsessed with the network, whose programming and personalities shape his worldview and frequently impact his decision. He regularly promotes Fox’s coverage and has given its hosts unprecedented access, lifting the network’s ratings.

via Trump’s Fox criticism puts the network’s entire con in jeopardy | Media Matters for America

Has President Trump’s trade war cost China three million jobs? – BBC News

"China has lost three million jobs, and it'd soon be much more than three million jobs," says US President Donald Trump

Claim: President Trump says three million jobs have been lost in China as a consequence of the trade war with the United States.—-FAKE NEWS

Verdict: While estimates for China’s employment vary widely, they do not generally support Mr Trump’s claim. When asked, the White House directed us to a survey that gave a lower figure.

 

Trump administration to roll back Obama-era pollution regulations | Environment | The Guardian

Move would be the latest in a series by the Trump administration easing emissions controls on the oil, gas and coal industries.

via Trump administration to roll back Obama-era pollution regulations | Environment | The Guardian

Alabama man who served 36 years of a life sentence for stealing $50 to be freed | US news | The Guardian

Alvin Kennard sits in the courtroom before his hearing in Bessemer, Alabama, on 28 August.

Alabama man who served 36 years of a life sentence for stealing $50 to be freed | US news | The Guardian

Boris Johnson Exposes the Big Lie of British Politics | The Nation

Brexit Protester

Boris Johnson Exposes the Big Lie of British Politics | The Nation

Josh’s Shark Pool: meet the Treasurer’s tax advisors – Michael West

Look who’s advising Treasurer Josh Frydenberg on tax. The Australian Government’s “High Level Advisory Panel” is stacked with five tax types from EY, three from Deloitte, five from KPMG and seven from PwC. Michael West reports.

For the uninitiated, the reason this High Level Advisory Panel is funny is because a key activity of the Big Four accounting firms is advising their multinational clients on how to skive out of paying tax in Australia, a task which they undertake with flair, and by the billions.

via Josh’s Shark Pool: meet the Treasurer’s tax advisors – Michael West

Thousands of public servants want to quit Peter Dutton’s home affairs department | Australia news | The Guardian

Peter Dutton

Thousands of public servants want to quit Peter Dutton’s home affairs department, with a new report finding staff are suffering low morale, poor engagement and high levels of bullying and harassment.

via Thousands of public servants want to quit Peter Dutton’s home affairs department | Australia news | The Guardian

Old Dog Thoughts- LNP- Is the WW2 Italian Tank 1 gear Foward 5 Backward

Fighting Fake News with REAL, 30/8/19; Scumbag College truth in Humour; LNP spinning like Trump a fake reality; Dutton says China is Harsh and inhumane, LNP is like and Italian Tank 1 gear forward 5 gears backward;

How Swedes and Norwegians Broke the Power of the ‘1 Percent’ | Common Dreams Views

Sweden and Norway, for example, both experienced a major power shift in the 1930s after prolonged nonviolent struggle. They “fired” the top 1 percent of people who set the direction for society and created the basis for something different.

via How Swedes and Norwegians Broke the Power of the ‘1 Percent’ | Common Dreams Views

New push to ‘restore democracy’: US launches Venezuela affairs unit … in Colombia — RT World News

New push to ‘restore democracy’: US launches Venezuela affairs unit … in Colombia

US Footprint on Venezuala financing and strategising the opposition, Who thinks they aren’t doing the same in Hong Kong (ODT)

via New push to ‘restore democracy’: US launches Venezuela affairs unit … in Colombia — RT World News

‘Take the land’: Trump wants a black border wall, with spikes, by election day

President Donald Trump visited a new section of the border wall in Calexico earlier this year.

Order from the DON (ODT)

When aides have suggested that some orders are illegal or unworkable, Trump has suggested he would pardon the officials if they would just go ahead, aides said. He has waved off worries about contracting procedures and the use of eminent domain, saying “take the land,” according to officials who attended the meetings.
Related Article
White House officials were now expecting a long, drawn-out battle with Chinese leaders.
Trump’s White House
Trump increasingly relies on himself, not his aides, in trade war with China
“Don’t worry, I’ll pardon you,” he has told officials in meetings about the wall.

‘Take the land’: Trump wants a black border wall, with spikes, by election day

Ilhan Omar Accusations Are News, Not GOP Smears of Islam

https://theintercept.imgix.net/wp-uploads/sites/1/2019/08/GettyImages-1163752227-1567001818.jpg?auto=compress%2Cformat&q=90&w=1024&h=683

via Ilhan Omar Accusations Are News, Not GOP Smears of Islam

A Father and Daughter Tell Their Story of the Terrifying Immigration Raid in Mississippi – Mother Jones

via A Father and Daughter Tell Their Story of the Terrifying Immigration Raid in Mississippi – Mother Jones

Brexit: Boris Johnson’s plot is bold, barely legal and politically high risk

Prime Minister Boris Johnson has shocked British MPs with his latest move.

MUKGA isn’t considerationhere at all win at all costs no matter is (ODT)

Brexit: Boris Johnson’s plot is bold, barely legal and politically high risk

Why Chinese and Hong Kong students clash in Australia – Analysis & Opinion – ABC News (Australian Broadcasting Corporation)

Hundreds of pro-Hong Kong protesters sit in Martin Place.

This study leaves me with questions about it’s accuracy.

We are told by the government that  the population of Chinese students here in Australia is 400,000 plus this study quotes half that number yet makes no mention of why the huge difference?

No mention that this generation of mainland Chinese has never experienced anything other than an economic boom of no less than 6% growth, a shrinking in poverty and the once opportunity gap between rural and urban China. There has been a massive increase in freedoms never experienced previously before. So a strong sympathy shouldn’t be unexpected for it’s government. Nor should the anger felt when western media portrays them in ways they don’t experience as students or tourists let loose on the world. Meanwhile Australia is currently experiencing the reverse.

Australians  are grinners when winners and readily proud. Are the Chinese not meant to feel the same? To suggest the Chinese are mentally bound simply by a moral and restrictive mindset foisted on them seems to reflect more on the narrowness of the researchers to want to establish some significant correlation between Chinese Civics, History taught in schools which makes the ultimate difference between HK students and Chinese mainland students.

The riots in HK began over an extradition law which was revoked. The current and continued riots have however have been transformed into something much different with foriegn influence involved.  It’s not difficult to guess whose footprint is the biggest and who wants to make China look bad in the eyes of the western press and the world.

I doubt if and when peer- reviewed this study’s methodology and it’s narrow context will recieve anything but criticism of it’s bias to prove what’s a univeral norm and generational bias “sympathy for one’s country’s culture whether HK,China,Aus, USA and particularly in times of an economic boom. (ODT)

 

The protests in Hong Kong have led to some open clashes here in Australia between students from mainland China and others from Hong Kong.

There were angry scenes between pro-China and pro-Hong Kong groups in Sydney and Melbourne, as well as at universities in Brisbane and Adelaide.

These clashes are troubling for the Australian university sector, which enrols 182,555 mainland Chinese and 11,822 Hongkongers as international students at various educational institutions.

Our research suggests differences in the curriculum studied by mainland Chinese and Hong Kong students may help to explain the beliefs underpinning the protest movements.

Why Chinese and Hong Kong students clash in Australia – Analysis & Opinion – ABC News (Australian Broadcasting Corporation)

Is a different type of economics the answer?

The rest of the media is catching on to the fact that there is a paradigm shift underway in economics.

This won’t be a surprise to you if you are a regular reader of Independent Australia. I’ve written about two dozen articles on the main challenger to the old paradigm, which is modern monetary theory (MMT). Others have also written on this topic for IA. If you’ve been relying for news and current affairs on the usual suspects, however, the current controversy might have crept up on you.

For the most part, the rest of the media has been asleep on this one, even if they are latterly waking up.

Is a different type of economics the answer?

Being conned with bullshit – » The Australian Independent Media Network

A thought

The current destruction of the Brazilian rain forests, as alarming as it is might be, or could turn out to be, might just be the catalyst for an event of monumental proportions.

One that might force us into action. The lungs of the earth, as the rain forests are called, as I write are experiencing 7,300 fires and the illegal harvesting of the trees is beyond tally.

Something will have to give sometime.

My thought for the day

On the subject of climate change. Think about this. If we fail to act and disaster results, then massive suffering will have been aggravated by stupidity.

 

via Being conned with bullshit – » The Australian Independent Media Network

Trump Is Just Plain Bad at Managing the Economy | The Smirking Chimp

President Trump and his aides are sending two simultaneous, contradictory messages about the economy: That it is booming, and everything is fine. And that it is time for emergency measures to keep this boom going.

It’s also certainly quite interesting that Team Trump, in private meetings with wealthy donors, is warning that a recession is coming. Meanwhile, on social media—where the regular people who like him get their information—Hair Twitler said the economy is “very strong.” You know that when the shit does hit the fan, Trump’s donors are going to end up much better off than his average Twitter follower.

via Trump Is Just Plain Bad at Managing the Economy | The Smirking Chimp

Horrific Amazon Wildfires: How do they Threaten Us, and how can we stop them?

https://www.juancole.com/images/2019/08/horrific-amazon-wildfires-how-do.jpg

Reducing wildfires requires going beyond addressing the ignition sources and fighting the flames themselves, and also encouraging actions that limit forest flammability. Tackling deforestation remains key as it exposes forest edges to the hotter and drier microclimate of agricultural land, and contributes to regional reductions in rainfall.

Selective logging also plays a key role in making tropical forests more flammable. Walking in a selectively logged forest in the dry season, you feel the sun’s heat directly on your face and the leaf litter crackles and crunches underfoot. In contrast, unlogged primary forests are a shadier world where the leaf litter remains moist. Fire prevention needs to be a key condition of long-term forest stewardship. This will only work if widespread illegal logging is effectively controlled, as cheaper timber undermines the viability of best-practice forest management.

Finally, climate change itself is making dry seasons longer and forests more flammable. Increased temperatures are also resulting in more frequent tropical forest fires in non-drought years. And climate change may also be driving the increasing frequency and intensity of climate anomalies, such as El Niño events that affect fire season intensity across Amazonia.

Addressing these challenges requires integrated national and global actions, collaboration between scientists and policy makers, and long-term funding – approaches that the current Brazilian administration seems intent on destroying.The Conversation

via Horrific Amazon Wildfires: How do they Threaten Us, and how can we stop them?

Blackstone CEO Is Driving Force Behind Amazon Deforestation

Trucks drive alongside scorched fields on the BR 163 highway in the Nova Santa Helena municipality, in the state of Mato Grosso, Brazil, Friday, Aug. 23, 2019. Under increasing international pressure to contain fires sweeping parts of the Amazon, Brazilian President Jair Bolsonaro on Friday authorized use of the military to battle the massive blazes. (AP Photo/Leo Correa)

via Blackstone CEO Is Driving Force Behind Amazon Deforestation

Bolsonaro’s Horrific Plans for the Amazon Revealed in Leaked Presentation | The Smirking Chimp

via Bolsonaro’s Horrific Plans for the Amazon Revealed in Leaked Presentation | The Smirking Chimp

Why is Jakarta, Indonesia’s soon to be former capital city, sinking?

A neighborhood below sea level in 2017 in Jakarta.

Jakarta ia Colonial remanant left by the Dutch(ODT)

Having successfully tamed low-lying Holland, the Dutch believed they could also tame tropical Jakarta.

Why is Jakarta, Indonesia’s soon to be former capital city, sinking?

Australia backs wrong horse as IP rights loom large in US-China trade war – Michael West

Australia backs wrong horse as IP rights loom large in US-China trade war

China regards intellectual property as just another factor of production and wants to lower its price to a minimum. By contrast, high-tech American firms often derive their profits by obtaining higher and higher prices for intellectual property.

US diplomatic cables leaked to Wikileaks in 2010 reveal the high priority American diplomats give to the surveillance and defence of intellectual property regimes around the world. Thousands of cables and millions of words are devoted to this subject.

Australia, as a net importer of intellectual property, has good reasons to side with the developing world, which has been calling for a “development agenda” that facilitates technology transfer as a key enabler of development. Instead, Australia sides with the “patent agenda” of the US, the EU and Japan even though it comes with a high price.

via Australia backs wrong horse as IP rights loom large in US-China trade war – Michael West

Some simple questions for Scott Morrison that nobody has thought to ask – » The Australian Independent Media Network

What else but Scott Morrison’s belief in the words of Donald Trump would have been the inspiration behind his decision to expose Australian troops to a possible armed conflict in the Strait of Hormuz?

Is it the ‘Coalition of the Willing’ all over again? Same players: the US, the UK and Australia and an oil-rich nation. Same catalyst: believe whatever a POTUS says.

But more to the point, why does Morrison feel we need to join the US in Iran on Trump’s “say so”?

Is Morrison one of the few remaining individuals on the face of the Earth who believes anything Trump says? It appears as though he is.

Perhaps Scott Morrison could tell us what else he believes from the mouth or mind of Donald Trump.

This should be easy.

Tell us, Scott:

via Some simple questions for Scott Morrison that nobody has thought to ask – » The Australian Independent Media Network

After a border dispute and spying scandal, can Australia and Timor-Leste be good neighbours?

Screenshot_2019-08-28 After a border dispute and spying scandal, can Australia and Timor-Leste be good neighbours .jpgvia After a border dispute and spying scandal, can Australia and Timor-Leste be good neighbours?

Australia’s universities are over-reliant on overseas students

Australian universities are heavily dependent on overseas students for their survival, leaving them vulnerable to political and economic change in Asia, in particular, and disadvantaging domestic students, writes John Menadue.

via Australia’s universities are over-reliant on overseas students

Federal Government launches investigation into foreign interference at Australian universities – Politics – ABC News (Australian Broadcasting Corporation)

a colourful wall with pro-hong kong and pro-beijing signage

In Australia our Universities are as Multicultural as as Australia is so what is “foreign interfernce” on campus? Conservatives like Andrew Bolt claims Universities as structurless free for all places of opinion any thing goes and he could be appointed a Professor. That would be “foreign interferance” (ODT)

via Federal Government launches investigation into foreign interference at Australian universities – Politics – ABC News (Australian Broadcasting Corporation)

Old Dog Thoughts- Why are media clowns allowed to wear suits and ties and disguise themselves?

Image result for Media clowns

Fighting Fake News with REAL, 28/8/19; Our new Police State and Media point the bone at China; Bolt’s New Racism; Bolt flipping and accusing Miley Cyrus of what he does;

David Koch Gave Us Donald Trump

Other advocacy efforts worked to grow the dark underbelly of American paranoia. American Future Fund was one of several groups that received over $10 million in 2010 from a Koch-financed nonprofit to run attack ads, including spots that spread the bigoted lie that a victory mosque was planned near the former World Trade Center.

via David Koch Gave Us Donald Trump

Trump defends bid to host G7 at his Miami resort: ‘I don’t care about money’ | US news | The Guardian

The front entrance to the Trump National Doral.

The Chosen One is just joking again(ODT)

Defending himself against accusations of seeking to profit off the presidency by planning to host a G7 summit next year at one of his resorts, Donald Trump on Monday estimated that being president had cost him $3bn to $5bn and said: “I don’t want to make money. I don’t care about making money.”

via Trump defends bid to host G7 at his Miami resort: ‘I don’t care about money’ | US news | The Guardian

Corrupt Trump Markets His Own Resort As Next Locale For G7 | Crooks and Liars

Screenshot_2019-08-27 Corrupt Trump Markets His Own Resort As Next Locale For G7.png

via Corrupt Trump Markets His Own Resort As Next Locale For G7 | Crooks and Liars

Trump Tilts At Windmills At G7 While Ducking Climate Change Question | Crooks and Liars

via Trump Tilts At Windmills At G7 While Ducking Climate Change Question | Crooks and Liars

France Upstages Trump at G7 by Inviting Iran to Salvage Nuclear Deal

https://www.juancole.com/images/2019/08/france-upstages-trump-at-g7-by-i-750x422.jpg

via France Upstages Trump at G7 by Inviting Iran to Salvage Nuclear Deal

Trump keeps amplifying far-right racist Katie Hopkins, who called for a “final solution” for Muslims | Media Matters for America

Hopkins

via Trump keeps amplifying far-right racist Katie Hopkins, who called for a “final solution” for Muslims | Media Matters for America

The asylum seekers held in a PNG prison have a choice: return to death or literally rot in jail | First Dog on the Moon | Opinion | The Guardian

Screenshot_2019-08-27 The asylum seekers held in a PNG prison have a choice return to death or literally rot in jail First [...].pngvia The asylum seekers held in a PNG prison have a choice: return to death or literally rot in jail | First Dog on the Moon | Opinion | The Guardian

The privatisation of the NBN

The privatisation of the NBN

Old Dog Thoughts- Racism, Our Media, Role models and enablers, Child Suicide, Medevac. We boldly stand and accuse China of Human Rights Crimes

Fighting Fake News with REAL;27/8/19; Racism, and it’s amplification by our public Broadcasters; Failure of our application of the RDA; Morrison government’s blind eye to child suicide; Dutton’s lies on Medevac;

Fox News is a dangerous state propaganda outlet. Sarah Sanders’ job confirms that | Nathan Robinson | Opinion | The Guardian

‘Fox has realized that Trump is lucrative, and Trump has realized that Fox will say anything he wants them to say.’

via Fox News is a dangerous state propaganda outlet. Sarah Sanders’ job confirms that | Nathan Robinson | Opinion | The Guardian

New Poll Shows ‘Deep and Boiling Anger’ Towards Political Establishment Still Widespread | Common Dreams News

President Donald Trump hugs the U.S. flag during CPAC 2019 on March 02, 2019, in Washington, D.C.

Sixty-seven percent said they do not feel confident that our children’s generation will face a better life than ours; that’s up from the 61 percent who felt that way in 2017.

Respondents’ views of race relations were grim as well.

The poll finds that 60 percent believe race relations are bad in the nation. That view was expressed by 56 percent of whites, 81 percent of African Americans, and 61 percent of Hispanics.

Since President Donald Trump took office, 56 percent said race relations have gotten worse. While 47 percent of whites felt that way, 86 percent of African Americans and 74 percent of Hispanics said race relations worsened under Trump.

Views on the issue were markedly different under Trump’s predecessor.

via New Poll Shows ‘Deep and Boiling Anger’ Towards Political Establishment Still Widespread | Common Dreams News

G7 nations struggle to reach consensus on trade and security – ABC News (Australian Broadcasting Corporation)

G7 leaders meet around a round table. Emmanuel Macron and Donald Trump are at the centre of the image.

How is it Trumphas sooo much time to devote to teweeting during the G7? Does he tweet at meetings? After all the last time he went home early  and out of his way to meet Kim. (ODT)

Key Points

  • Mr Trump suggested he had second thoughts about his trade war with China but the White House clarified he regretted not making tariffs higher
  • Scott Morrison met with Donald Trump and Shinzo Abe at the summit
  • Iranian Foreign Minister Mohammad Javad Zarif was a surprise guest at the summit

Source: G7 nations struggle to reach consensus on trade and security – ABC News (Australian Broadcasting Corporation)

China: How the Republican Imperial Presidency Led to Trump’s Trade Socialism

https://www.juancole.com/images/2019/08/china-how-the-republican-imperia-750x422.jpg

Trump has put US companies on alert that he might force them to withdraw from China, where they have $256 billion invested. He says he is given this power by the 1977 law called the International Emergency Economic Powers Act, or IEEPA.

The Republican Party has spent over a century warning against government involvement in the private sector, but now their leader is doing it big time. Trump ordering companies around about where they can invest is a form of fascism or rightwing national socialism. Left socialism is about public sector economic activity for the good of people. National socialism is the state usurping economic resources on behalf of a small corporate and high-official elite.

The US Congress has given up many of its constitutional prerogatives over the years to the imperial presidency, something connived at by major party leaders such as Dick Cheney and Donald Rumsfeld. Trump should not have the ability to set tariffs on foreign countries by tweet. The regulation of interstate commerce is a congressional prerogative.

via China: How the Republican Imperial Presidency Led to Trump’s Trade Socialism

China’s influence on Australia requires honesty

Vice-chancellor Michael Spence at the University of Sydney.

Uhlmann’s arguments hardly do justice to the Age as it’s senior political editor reminding me of the 60’s cry of ” All the Way with LBJ”.

Yes, we might have politically different systems the CPA of China recognises that. However, it has nevertheless raised the tide in China for everyone so much, so poverty and starvation for 1.3 billion people is something relegated to the past. Kids from rural China can be educated and are today’s Teachers Doctors and Lawyers in Shanghai, sending money home. These kids have never seen anything less than a 6% GDP in their life, so why shouldn’t they love and be proud of their country. Nationalist demand we all be here. The tiny population of Hong Kong and Uyghurs are they worse off than Indigenous Australians or people in detention on Manus and Nauru? We stole children and never sent them back to their families. China isn’t doing that. Does Uhlmann a political editor really believe that in the current world atmosphere nobody hasn’t an interest to keep the HK demonstrations ongoing? They started over a single law about extradition, which was stopped. Who has the most to gain by making China look bad?

Uhlmann’s talks of China’s aggression it has one military post outside the country we have more than they do and our closest ally the US has 8oo in some 160 countries. Australia and China really have a defence system. America has a business a military-industrial complex which is central to its economy. If that business of war grinds to a halt, so does America. So to talk of China’s aggressive interests seems stupid and hardly thought out to me. Is Uhlmann a paid propagandist for Murdoch and Trump?

As for 400,000 Chinese students and the mass of Chinese tourists flooding the world today does that really look like the moves of an increasingly totalitarian government or a decreasing one. It seems to me Peter Dutton is fast removing freedoms of Australians and becoming more paranoid than China. The CPA knows what it has done that freedom is dangerous and they know they are an anachronism, but they are still providing their people increasing freedom and allowing their citizens to do business across the world without an army to back them as the Americans do. Meanwhile, poverty is growing here as is debt and savings are falling we, in fact, seem to be heading in the opposite direction handing the country to the control of our corporate mandarins.

Universities had the funding cut and were told shape up or ship out to raise their own funds and maintain affordable education for Australians. They didn’t volunteer to do it so yes the Chinese are revenue forced on them by largely the Howard government. How mismanaged is our tertiary education system? It’s as mismanaged as the Australian governments have forced them to be? Are these Foreign students expected to stay on as graduates Uhlmann seems to think so? No, they are meant to go home yet he expects their standard of English is meant to be as good as his. When Australian University staff can’t be guaranteed tenure, how can the teaching at any level be regarded as first class?

What we hear today is the drum that was beaten back in the 50’s ban the Communist Party, the dominoes are falling, They are stealing our ideas is the anything new Uhlmann, and Ch9 it seems is taking us backwards (ODT)

“Australia is at an inflection point. For the first time our major trading partner is not a liberal democracy and it is a strategic rival of our key ally. We need to have a serious debate and have a right to expect more of those who lead our academic institutions.”

China’s influence on Australia requires honesty

The ‘joke’ and ‘utter lightweight’ is not Jacinda Ardern

via The ‘joke’ and ‘utter lightweight’ is not Jacinda Ardern

Banning cash so you pay the bank to hold your money is what the IMF wants – Politics – ABC News (Australian Broadcasting Corporation)

A recent IMF blog entitled “Cashing In: How to Make Negative Interest Rates Work”, explains its motive in wanting negative interest rates — a situation where instead of receiving money on deposits, depositors must pay regularly to keep their money with the bank.

“Without cash, depositors would have to pay the negative interest rate to keep their money with the bank, making consumption and investment more attractive,” it said.

But one year on from the banking royal commission, faith in our financial institutions — and the regulators who failed to police the banks’ bad behaviour — isn’t exactly at an all-time high.

TOTAL CONTROL FORCED SPENDING INCREASED DEBT

via Banning cash so you pay the bank to hold your money is what the IMF wants – Politics – ABC News (Australian Broadcasting Corporation)

ACTU secretary Sally McManus says wage theft could be addressed by simple tribunals | The Advocate

FIGHTING: ACTU secretary Sally McManus and Unions Tasmania secretary Jessica Munday say women are still behind men in wages.

ACTU secretary Sally McManus says wage theft could be addressed by simple tribunals | The Advocate