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Trump

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In: democracy, featured, Government, latest post, media, politics, power

Simplistic, trite and flag waving rubbish, as per usual, from the Aussie media. Anthony Albanese meets with Donald Trump in Washington and cheering from the little people angle erupts downunder. Australian media headlines hail rare minerals deal with Trump. In all likelihood, this will be another deal with American multinationals who won’t pay tax and will screw us on the royalty arrangements. Few jobs will come out of it in this highly mechanised mining sector in the 21C. It may increase our GDP numbers but this will mean diddly squat in actual terms to the vast percentage of our population. Wealthy investors might pop a few bottles of French Champagne over it.Continue Reading

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Why Are We Getting Poorer?

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In: corruption, democracy, economics, featured, Government, latest post, politics, power

Why is everything so expensive now? What price life? Why are we getting poorer? First and foremost, the entire economy is set up to greatly favour owners over all other parts. Investors are owners, of course, and the company executives operate on their behalf. Shareholders are king and everyone else runs a poor second. Thus, profitability is always the prime consideration and profits have to constantly increase to satisfy the shareholders. Plus, executives manipulate the stock price through buybacks to enrich themselves wildly. This is where we get all the billionaires from. Elon Musk is a prominent illustration of this, the richest man in the world.Continue Reading

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Chris Hedges Cancelled By National Press Club

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In: featured, Government, latest post, media, power, truth

Australia lacks a progressive media platform and is overrun with right wing Murdoch lackeys calling the shots. Visiting US journalist Chris Hedges cancelled by National Press Club over fears of him challenging the pro-Zionist narrative about Gaza. There is a lack of media diversity downunder in a sector largely controlled by News Corp and Nine Fairfax. Hedges, a longtime and well respected journalist, who was a former Middle East correspondent, had been confirmed to speak at the Press Club in October. His sudden cancellation conveys the unhealthy influence that the Zionist lobby has in this country.Continue Reading

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Massively Overvalued Tech Stocks

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In: economics, featured, latest post, power

You know, the only thing keeping the US economy going is its big bet on AI. The massively overvalued tech stocks, the 7 tech company stocks at the top of the Nasdaq, are the only thing flying the flag right now. Doubts, however, are more than creeping in, they are marching in, in the minds of many experts. The crazy Trump tariffs are viewed by every sane economist as unsustainable and downright dangerous. Now, circular financing tricks exhibited by Nvidia and OpenAI are giving rise to bad memories from the late 1990s. Bursting bubbles are on the tip of every tongue in the investor milieu. Warren Buffet has cashed up to the tune of $300 billion in prep for some really bad times.Continue Reading

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Australians Are Disgusted By Trump’s America

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In: democracy, economics, featured, Government, latest post, politics, power

I recently visited my relatives on the west coast after many years’ absence. We are all getting on in years and I would not describe my family as political in any real sense of that word. I was shocked at the level of vitriol expressed in regard to what is happening in the United States. My take on this is that ordinary Australians are disgusted by Trump’s America. The dysfunctional nature of Washington DC and wanton cruelty happening in the US, under Donald Trump, has Aussies upset. It is hard to get your head around the extremism of the actions taken by the Trump regime.Continue Reading

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The American Desire To Apportion Blame

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In: corruption, democracy, economics, featured, Government, latest post, media, morality, politics, power, social media, truth

You know every time that I turn on a screen I am confronted with the American desire to apportion blame. YouTube is full of vids raging against the machine. Ever since the late Robert Hughes identified America, as infected with the culture of complaint, this groundwave has continued to swell. Making something that you don’t like into a conspiracy has become a full time business. And yes, there are plenty of examples where this instinctive reaction is justified by the evidence compiled. It can, however, become a habitual response to everything in life that you don’t like.Continue Reading

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Freedom Of Information Really Matters

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In: economics, featured, Government, latest post, media, politics, power

In Australia, as in most places, we do not have direct democracy, rather we have elected representatives within political parties doing the job of governing, supposedly, on our behalf.  Freedom of Information (FOI) is an important conduit into that rarified air where the power is brokered. The Albanese government seeks to make that access harder and more expensive for us to really find out what is going on at the big table. Freedom of Information really matters. It behoves disbelief that the first thing this Labor federal government does, after achieving its largest majority in the parliament, is to reduce transparency on the pretext of lessening the workload for public servants.Continue Reading

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The Hypocrisy Of Trump

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In: democracy, featured, Government, latest post, media, morality, politics, power, truth

Hang on, didn’t the Right campaign on the evils of cancel culture??? Donald Trump and MAGA banged on about those on the Left limiting free speech. Now, in power the Trump regime is using its authority to effectively stifle Liberal comediennes like Jimmy Kimmel and getting the Late Show cancelled. Trump’s nutjob cabinet are threatening all and sundry with arrest for saying stuff they do not agree with. The hypocrisy of Trump is heinous. They are using this bogus antisemitism false flag to attack academics and students in US universities. Threatening them with ICE agents and taking away their right to live and work in the United States.Continue Reading

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Christian Cults & The Liberal Party Of Australia

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In: corruption, democracy, featured, Government, latest post, politics, power, religion

More information is coming to hand about the influence of the Plymouth Brethren upon the Liberals downunder. Christian cults and the Liberal Party of Australia. Hardline conservatives willing to spend big to impose their antique vision on Australia have been at it via the Libs. The Abbott, Turnbull and Morrison Coalition federal governments were infused with several strands of hardline Christianity wishing to have their way with the Australian people. Religion in politics is not popular downunder and, therefore, these things were largely hidden from easy viewing. The Plymouth Brethren have no female presence within their leadership and frown upon such anti-biblical positions when it comes to the role of women in society.Continue Reading

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The Political Party Peddling Anti-Immigration Poison

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In: economics, featured, Government, latest post, politics, power

The political party peddling anti-immigration poison is the same party that promotes deregulation wherever possible. The LNP Coalition, who governed Australia federally for a decade, prior to the Albanese government, let in the same number of immigrants as Labor when you adjust for the Covid bumps to the figures. This right wing beat up over immigration is another misdirected blame game strategy. The actual reasons why so many working Australians are struggling economically and why we have a  housing crisis are not because of high immigration. It is a confluence of economic policies, initiated originally by LNP governments.Continue Reading