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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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AI Will Decimate Income Tax Revenue Downunder

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None other than James Packer, son of the great anti-tax champion billionaire Kerry Packer, is warning that AI will decimate tax revenue downunder. Why? It is because Australia depends upon the income tax from workers for the lion’s share of its tax revenue. AI has already started shedding jobs in middle management and the numbers are going to ramp up substantially very soon. The loss of hundreds of thousands of jobs to machines will impact the bottom line severely. Especially, as multinational corporations and rich people avoid paying tax in Australia.Continue Reading

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Australian Media Directed By News Corp

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

The Australian media is directed by News Corp and its pro-American perspective. The assumption promulgated by the Murdoch press is that China is bad and the US is good. That the evil communists are threatening the world whilst America stands for all that is right. Of course, with Donald Trump in the White House this rationale is absurd. Unless you have been living in isolation for the last year you would know that Uncle Sam is on the nose in 2025. Trump has attacked, economically and verbally, America’s long standing allies. He has threatened Canada and Greenland with the spectre of some sort of invasion. Trump has seemingly backed Putin and the Russians in their illegal invasion of Ukraine. Meanwhile, China has been the bastion of peaceful stability in contrast with the turmoils of Trump’s United States.Continue Reading

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tax the rich

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

In Australia they are talking about raising the flat consumption tax called the GST. Increasing the GST hurts the working poor more. After 4 years of a cost of living crisis due to high inflation, exacerbated by price gouging by big corporates, and the Reserve Bank steeply raising interest rates the experts think that the poor folk need another kicking. Who do you think copped it in the neck the most over this period? And prices on essentials have not come down, they are merely not rising by so much. Does the federal government really think that those hurting the most financially deserve another price hike on everything?Continue Reading

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Big American Corporations Not Paying Their Fair Share Of Tax

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In: corruption, democracy, economics, Government, latest post, media, politics

We now know why the Big Tech oligarchs switched their allegiance to Donald Trump. It was all about the international effort to end Big American corporations not paying their fair share of tax in the countries they do business. Former US President Joe Biden had backed this initiative, as had Australia and Europe. Trump took the money from Google, Facebook, Amazon, Elon Musk and other tech giants backing his campaign and in return has bullied those nations who were attempting to get these corporations to pay their fair share of tax on the billions they generate around the world. The selfishness of these Americans knows no bounds.Continue Reading

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Everyone has heard or seen the acronym SEO, which stands for Search Engine Optimisation, but few actually understand what it really means. Google has maintained its place, as, by far and away, the best search engine for decades. When a consumer seeks a product or service, via selected keywords, GoogleContinue Reading

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In: identity, mind, oral fetish, Uncategorized

Midas Word is the right choice for digital marketing in Sydney. Midas Word is perfect for online copywriters Sydney. At Midas Word we specialise in creating online content for Sydney businesses and locally based corporations. Midas Word will research your specific industry requirements to create unique and informed content for your website,Continue Reading