All the media perverts fit for print (and online).
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At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.
That’s the most popular show on Fox News. They were beating Tucker before he was fired. Gutfield is very popular too. Just thought I’d share that with you. Have a nice evening.
In this episode of their program Geopolitical Economy Hour, Radhika Desai and Michael Hudson discuss de-dollarization, the global drive to drop the US dollar, and the transition away from financialized neoliberalism toward a new economic system. You can find more episodes of the Geopolitical Economy Hour here. Podcast Transcript (smoothed) RADHIKA DESAI: Hi everyone, welcome Continue Reading
The post The QE Quandry first appeared on Michael Hudson.One question for Nils Köbis, a social psychologist at the Max Planck Institute for Human Development.
The post When Are We OK with Getting Bribed? appeared first on Nautilus.
This piece by Jenny Boylan is a super important read if you want to understand what transgenderism really is all about. I would imagine that most who read this site believe that all people should have the right to live their lives as they choose and support the rights of transgender people to live freely in our society. This goes much deeper: There they are, in their Chevrolet Colorado, five dudes bouncing up and down as the truck grinds through the rugged American high country. Two guys up front, three in the back. Shania Twain is blasting. The fellow in the middle is singing along. “Oh, I want to be free, yeah, to feel the way I feel. Man, I feel like a woman!” The other guys look deeply worried. But the person in the back just keeps happily singing away, even as the dude next to him moves his leg away. Just to be on the safe side. This commercial aired back in 2004, and even now it’s not clear to me if it’s offensive or empowering, hilarious or infuriating. Twain says she wrote “Man! I Feel Like a Woman” after working at a resort where some drag queens were performing. “That song started with the title,” she said.
Yesterday was May Day, celebrated as the Labour Day public holiday here in Queensland. And this week, appropriately enough I’m giving two presentations on the case for a four-day working week, one to the Committee for Economic Development of Australia, a business-oriented thinktank, and one to a parliamentary inquiry. I started writing a post about […]
Get a load of the new young guns Michelle Cottle in the NY Times: Here’s a head scratcher for you: What happens when the leadership of a political party becomes so extreme, so out of touch with its voters, that it alienates many of its own activists and elected officials? And what happens when some of those officials set up a parallel infrastructure that lets them circumvent the party for campaign essentials such as fund-raising and voter turnout? At what point does this party become mostly a bastion of wingnuts, spiraling into chaos and irrelevance? No need to waste time guessing. Just cast your eyes upon Georgia, one of the nation’s electoral battlegrounds, where the state Republican Party has gone so far down the MAGA rabbit hole that many of its officeholders — including Gov. Brian Kemp, who romped to re-election last year despite being targeted for removal by Donald Trump — are steering clear of it as if it’s their gassy grandpa at Sunday supper.
Having written about the city’s austerity policies and their relation to insecurity and walking it as a researcher (and tourist), I was increasingly asking myself how people living in the city were actually dealing with the day-to-day effects of the insecurity-competitiveness nexus. I wanted to add a micro-level to the practices of authoritarian neoliberalism that I was observing, where different institutional scales converged in making a competitive, austere city. How do inhabitants (trans)form their everyday practices to navigate this attractive yet insecure city? In a recent article in Urban Geography, I draw on interview data collected in Oaxaca between 2017 and 2019 and argue that they adapt their day-to-day rhythms through varied practices of care and what I call ‘adapted mobilities’.
The post Dealing with everyday insecurity in the competitive city appeared first on Progress in Political Economy (PPE).
This one was particularly egregious: The fallout came fast whenFlorida Gov. Ron DeSantis’s new election police unit charged Peter Washington with voter fraud last summer as part of a crackdown against felons who’d allegedly broken the law by casting a ballot. The Orlando residentlost his job supervising irrigation projects, and along with it, his family’s health insurance. His wife dropped her virtual classes at Florida International University to help pay their rent. Future plans went out the window. “It knocked me to my knees, if you want to know the truth,” he said. But not long after, the case against Washington began falling apart. A Ninth Judicial Circuit judge ruled the statewide prosecutor who filed the charges didn’t actually have jurisdiction to do so. Washington’s attorney noted that he had received an official voter identification card in the mail after registering. The case was dismissed in February. One by one, many of the initial 20 arrests announced by the Office of Election Crimes and Security have stumbled in court. Six cases have been dismissed. Five other defendants accepted plea deals that resulted in no jail time.
Make no mistake, the Albanese government knows that in joining the US fight against China, Australia will be left defenceless on American withdrawal. And only a dodo could not know this risk is high. Maybe the government doesn’t appreciate that war for America is different. It is the war which matters, not the result. “Winning” Continue reading »
The 2023 Defence Strategic Review has recommended Australia adopt a new strategic conceptual framework dubbed ‘National Defence’ that incorporates a ‘strategy of denial’. This approach is tied to a broader concept of ‘collective security’ in the Indo-Pacific and is aligned with America’s framework for ‘integrated deterrence’ of China. ‘National Defence’ is consistent with American force Continue reading »
In 2006, someone supposedly speaking for Generation Y wrote a book addressed to baby Boomers called “Please Just F* Off: It’s Our Turn Now.” The person who wrote that book in 2006 at the age of 25 is now 42. One day we will all be cast as the villains. It’s just a matter of Continue reading »
The biggest choice facing this country is between poor public services and inadequate government income support or more taxes. Unfortunately, I fear that next week’s Budget will seek to avoid this choice. The purpose of government is to choose, and the best record of those choices and consequently a government’s priorities is its Budget. Service Continue reading »
In a recent submission to the Department of the Prime Minister and Cabinet’s (PM&C’s) public service reform team, Paddy Gourley, Helen Williams and I support stronger action to improve the capability of the APS and its standing as an institution, but do not support adding ‘stewardship’ to the APS Values. Stewardship is a responsibility of ministers Continue reading »
In three weeks or so, a little after the second Labor budget, the Albanese government will mark its first year in office. It is not just journalistic laziness which marks it as a convenient moment for some report cards, and reviews of how the government is travelling. In straight political terms, of course, it is Continue reading »
The 190 page Parkinson Immigration Review provides a very good blueprint for the future, considering the limitations placed on it by its terms of reference and timeline. The government has circulated a “Migration Strategy” document for consultation picking up broad concepts in the review’s recommendations. There is much more work to be done to decide Continue reading »
The US has been increasingly treating Taiwan like a sovereign nation with whom diplomatic relationships and alliances can be formed, in violation of its longstanding One-China policy that has kept the peace for decades. And I just think it’s worth noting that the western media who’ve lately been condoning these moves became outraged at Donald Continue reading »
Cooking time: 35 mins.Preparation time: 20 mins.Main cooking utensils: pie pan, skilletOven temperature: 425-450°F, then 350-375°F.Oven position: above center For 4-6 people you need:1½ cups all-purpose flourpinch salt½-1 teaspoon dry mustard6 tablespoons butter½ cup dry grated Cheddar cheese2 tablespoons water1 shallot or onion2 tablespoons butter3 eggs⅔ cup shelled prawns⅔ cup coffee creamsalt and black pepper1-2 […]