The resolution, which was drafted by Saudi Arabia for last week’s U.N. International Telecommunication Union summit in Geneva, is aimed at returning internet access to Gaza’s millions of disconnected denizens.
Israel Opposes Rebuilding Gaza’s Internet Access Because Terrorists Could Go Online Sam Biddle
The LNP wants to shut down the ABC and control the Internet because when it comes to Democracy they level the playing field. “Bias” and “Trolling” are their euphemisms for “fact-checking” and the “public auditing” of their message. A message controlled and fed to us by our over-concentrated and consolidated private media begging for the financial benefits and rewards on offer by the LNP at the taxpayer’s expense. They want MPs to be able to sue and defend themselves in defamation actions at taxpayer expense as well to be “untouchables” as if their current parliamentary privilege wasn’t enough.
They claim to be the party of “free speech” but are rather the party of privatized and commodified speech or cash for comment and they have the cash and it’s ours. They have just increased government debt from $300M to almost $1 Tr or 200% of which private media compete for a part while keeping the ABCs Budget at 1984 levels. Now they want to control the Broadband and Internet as well.
Everybody needs high-speed internet. But private corporations will never provide it. The solution: treat internet infrastructure as a public utility, funded by the public and built by union workers.
Source: Public Broadband Internet Isn’t a Luxury — It’s a Necessity
Short-selling has been placed on the map once again, but this time it’s exposed an interesting double-standard that exists in the free market on how investors “should behave” in the eyes of Wall Street titans. To provide context, for those unbeknown to the workings of the free market, this beloved tradition of hedge fund managers is when investors make money off stock prices falling. In a short sell, an investor borrows a security and sells it on the market with the intention to buy it back later for less money when it falls, as expected. Remember when Eggs flew as Panama Papers spark populist anger in the streets Capitalism faces a crisis of credibility as leaked documents show global rules are rigged for the rich and powerful. As you can imagine, a downturn is the perfect time to whet the appetites of these hungry hedge funders who profiteer from the decline in a company’s value. This practice got so out of hand in 2008 that it led to U.S. regulators (as well as Australian) to temporarily ban the short-selling of stocks out of fear it would exacerbate the market downturn by perpetuating a downward spiral in stock prices during the crisis.
Wall Street is melting down over the GameStop saga
Is Government intervention viable, or just a favour for Rupert Murdoch’s News Corp and Peter Costello’s Nine Entertainment? Opposition is growing both locally and globally to media laws introduced by the Coalition Government requiring tech giants Google and Facebook to pay for displaying news content. Kim Wingerei delves into the numbers.
Internet’s founder, US officials slap down News and Nine’s crusade on Google – Michael West
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