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- Andrew Bolt's Blog,28/5/17 What You won't hear from Bolt; Government Assisted White Collar Crime : Roger Franklin a Bolt good guy; US doubles it's refugee intake;
- Andrew Bolt's Blog,27/5/17; "Idiotic Denialists" = Experts; Bolt is Horan Man Monis; Paywall My Magret Court Moment; Copts and their Politics; Manchester Confusion; Bolt complains too loudly;
- 69,356 hits
- U.S. Quietly Lifts Limit on Number of Refugees Allowed In – The New York Times May 28, 2017
- California Breaks Record After Getting 81 Percent Of Energy From Renewables | IFLScience May 28, 2017
- Roger Ailes: The Man Who Destroyed the News May 28, 2017
- BREAKING: Kushner Wanted Back Channel To Russia And Lied About It | Crooks and Liars May 28, 2017
- Video: Trump talks peace while selling weapons | The Electronic Intifada May 28, 2017
- Why Jerusalem is not the capital of Israel | Middle East | Al Jazeera May 28, 2017
- At Appearance With Netanyahu, Did A Dazed Trump Forget Where He Is? | Crooks and Liars May 28, 2017
- Uluru talks: Indigenous Australians reject ‘symbolic’ recognition in favour of treaty | Australia news | The Guardian May 28, 2017
- Poverty must stop being used as a political weapon to separate Indigenous families | Natalie Cromb | Opinion | The Guardian May 28, 2017
- There’s No Link Between Middle Eastern Refugees And Terror Attacks, ASIO Boss Says May 28, 2017
Top Posts & Pages
- At Appearance With Netanyahu, Did A Dazed Trump Forget Where He Is? | Crooks and Liars
- Manchester attack: What we know about Islamic State and Salman Abedi - ABC News (Australian Broadcasting Corporation)
- John Pilger on Manchester-Video
- Want to end terrorism? Then stop Western Imperialism. - » The Australian Independent Media Network
- 25 More Things To Know About Sean Hannity
- The Uluru walkout: Constitutional recognition, Treaty and structural change
- Adelaide man Paul Burgess faces deportation after two months with Comancheros bikie gang - ABC News (Australian Broadcasting Corporation)
- Hawala transfers are soooo much cheaper than banks. It's why Bitcoin works
- Poverty must stop being used as a political weapon to separate Indigenous families | Natalie Cromb | Opinion | The Guardian
- U.S. Quietly Lifts Limit on Number of Refugees Allowed In - The New York Times
- Follow olddogthoughts on WordPress.com
Category Archives: Economy
Source: A few big firms | The Monthly
Source: The retail apocalypse has officially descended on America | Business Insider
Consumer confidence in the Australian housing market has collapsed to its lowest level in 27 years, with the proportion of Australians believing real estate was the wisest place to put savings falling to below 12 per cent, the lowest level … Continue reading
Joe Hockey infamously labelled us all as “lifters or leaners”, he just mixed the labels up. The conservative government has decided it is the poor who will do all the heavy lifting when it comes to budget repair and paying … Continue reading
If economists do one day possess an Arnold Schwarzenegger-style Terminator, capable of travelling back in time to alter the future, Australia Day 2017 is shaping up as a pretty good day to pick. Source: Trump’s trade war would wind clock … Continue reading
Research suggests cannabis legalisation linked to rise in drinking rather than users substituting Budweiser for bud-smoking Source: Beer sales don’t take a hit from marijuana legalisation, study finds | Business | The Guardian
Since 1980, the economy has continued to grow impressively, but most of the benefits have migrated to the top. Why?, asks Bill Moyers Source: How America became a 1% society | US news | The Guardian
Government sells debt at all-time record low interest rate in wake of Brexit vote| Andrew Bolt Cheered Brexit Economics
The Treasury’s Debt Management Office this morning sold debt at a new record low interest rate, underlining the massive appetite from investors for British Government bonds in the wake of the Brexit vote and sparking fresh calls for the Chancellor … Continue reading
By Arthur Plottier This week we have in the news the ‘The Household, Income and Labour Dynamics in Australia Survey‘ (the HILDA report) and it does not paint a healthy picture. Despite our recent natural resources boom we are going … Continue reading
New report found the average rate of tax paid was 16.2 per cent – or less than the income tax rate paid by a working nurse in Australia. Source: How 76 profitable companies left Australian taxpayers $5.6 billion out of … Continue reading
Report finds poorer Americans fall prey to tax preparers who deliberately target low-income areas and jack up prices ahead of 15 April filing deadline Source: Low-income Americans spend as much as $400 to get tax refund, report finds | US … Continue reading
Source: Gross National Happiness Is a Profound Alternative to How Our Failing Economy Measures Progress
Derailed? Dire warning for world economy 5:54AMOne of the world’s most important economic bodies issues forecasts that should worry many.
Consume more, conserve more: sorry, but we just can’t do both | George Monbiot | Comment is free | The Guardian
Economic growth is tearing the planet apart, and new research suggests that it can’t be reconciled with sustainability Source: Consume more, conserve more: sorry, but we just can’t do both | George Monbiot | Comment is free | The Guardian
Welcome to Austeria – a nation robbing its poor to pay for the next big crash | Aditya Chakrabortty | Comment is free | The Guardian
It’s clear George Osborne intends to make austerity permanent. Those at the top will benefit, but hard times beckon for everyone else Source: Welcome to Austeria – a nation robbing its poor to pay for the next big crash | … Continue reading
One of Australia’s most respected public policy think-tanks says ‘negative gearing’ does not benefit everyday Australians in the way its proponents suggest. Source: Negative gearing benefits the rich far more than everyday Australians, analysis shows
Fact check: Comparing Australia’s income tax take with other OECD countries – Fact Check – ABC News (Australian Broadcasting Corporation)
Scott Morrison says Australia relies more on income tax than all other OECD countries except Denmark. Is this correct? ABC Fact Check investigates. Source: Fact check: Comparing Australia’s income tax take with other OECD countries – Fact Check – ABC … Continue reading
Source: Revenue, Profits Double After CEO Took 90% Pay Cut To Set $70K Minimum Wage
Ever wondered how much is spent annually to feed the poor ‘lazy’ Americans? Three main programs needy families depend upon — Temporary Assistance for Needy Families ($17.3 billion), Food Stamps ($74 billion), and Earned Income Tax Credit ($67.2 billion) — … Continue reading
A predicted global meltdown passed without event. But there are enough warning signs to suggest we are sleepwalking into another disaster Source: Apocalypse now: has the next giant financial crash already begun? | Comment is free | The Guardian
What really should be Australia’s ambitions for its military? Source: Does Australia’s military need such tentacles of defence?
Turns out throwing white-collar criminals in jail doesn’t kill your economy. Source: Iceland, Where Bankers Actually Go To Jail For Committing White-Collar Crimes | ThinkProgress
“Few ideas have more profoundly poisoned the minds of more people,” argues the former secretary of labor Source: Robert Reich: There’s no such thing as a “free market” – Salon.com
When you scrape below the surface it’s not hard to see that ‘culture’ is the wrong answer to almost every question. Source: Why are we blaming ‘culture’ for social and economic problems?
Technically, Australia isn’t in recession; but data shows we are effectively in a situation of negative growth. Source: Data indicates the recession is effectively here; it’s what policy makers do next that counts
Is there a causal link between how a government treats refugees and how many jobs are created in the economy? Source: Abbottonomics: a bizarre new take on jobs
The latest figures on the health of the Australian economy as shown in the June 2015 quarter National Accounts continues to paint a gloomy picture. Meanwhile, the spin that Treasurer Joe Hockey and Finance Minister Mathias Cormann offer, is priceless. … Continue reading
Quarterly growth figure is half the expected rate, dragged down by reduced mining and construction activity and export woes Source: Jitters as Australian economy grows by just 0.2% in June quarter | Business | The Guardian
Research reveals a huge proportion of Australia’s richest people amass their wealth via political connections rather than via innovative businesses – which is helping them at the expense of everyone else. Source: Battlers and plutocrats: How political connections reward Australia’s … Continue reading
Successive governments have allowed bracket creep in order to increase the income tax take and help get the budget into surplus.
Tax cuts are a sham if bracket creep is rife
A tax-cut election? Income tax cuts look likely to emerge as a key election issue. Gareth Hutchens explains the difficulties and the implications.
The $25b question Joe Hockey won’t answer
We face the equivalent of a recession in the next decade as incomes grow at only a fraction of forecast pace, ex-Treasury boss warns.
Australia ‘sleepwalking’ into a recession
Buying Hockey’s Myths Would Plunge Economy Lower Than The Treasurer’s Own Standing | newmatilda.com.
Rich pay too much, says Joe Hockey, laying ground for income tax cuts | Australia news | The Guardian
Rich pay too much, says Joe Hockey, laying ground for income tax cuts | Australia news | The Guardian.
Professional economists to armchair theorists are sounding the alarm that next month may hold some ugly surprises for the global economy.
Bad Moon rising: Americans bracing for September shocker
The Truth is very, very slowly becoming clearer and clearer about the China FTA. It’s now been revealed that there are a number of side letters that were exchanged between the countries. In one, the Abbott Government has sold out … Continue reading
It appears that capital gains and negative gearing tax concessions are on the nose with everyone except the Prime Minister.
Easy tax reform: axe capital gains discounts
First time in 20 years, there are more than 800,000 Australians unemployed. Every Picture tells a story.
100,000 more people have joined the jobs queue since Tony Abbott was elected and Australia’s unemployment rate has now had a six in front of it for over a year. Under Tony Abbott and Joe Hockey’s Liberals we have the … Continue reading
There are now 1,838,000 Australians either unemployed (6.3%) or underemployed (8.6%), a total of 14.9% of the available workforce. Abetz response “good news, because more people are wanting to enter the workforce.”
Unemployment rises with no plans for growth.
As austerity punishes and pauperises more people, the counter-arguments to it are becoming more mainstream.
Anti-austerity: A political revolution
Workchoices: It’s back!
Jobless rate jumps to 6.3% despite number of employed rising by 38,500 | Business | The Guardian.
Australian households the most indebted in the world. Abbott and Hockey said the figures are beautiful all is well.
Economic gloom for Australia
Done right, negative gearing can work
We’re compromising our farmland, dismantling our renewable energy industry, degrading our research capacity and loading our future entrepreneurs with debt. What is Australia’s de-industrialised future, asks Peter Doherty.
What is Australia’s de-industrialised future?
EARLIER this month, when the billionaire merchandising mogul Johann Rupert gave a speech at The Financial Times’s “luxury summit” in Monaco, he sounded more like a Marxist theoretician than someone who made his fortune selling Cartier diamonds and Montblanc pens. … Continue reading