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Created
Thu, 16/02/2023 - 21:27
Any commitment to do so would be to gift Stalin Starmer an excuse to expel him altogether Clamour is – understandably – growing for former Labour leader Jeremey Corbyn to announce he will stand as an independent in his Islington North seat, after his cowardly successor confirmed what everyone knew: that despite the (sham) EHRC’s […]
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Thu, 16/02/2023 - 21:03
Ed Leamer’s Tantalus on the Road to Asymptopia is one of my favourite critiques of econometrics, and for the benefit of those who are not versed in the econometric jargon, this handy summary gives the gist of it in plain English: Most work in econometrics is — still — made on the assumption that the researcher […]
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Thu, 16/02/2023 - 14:47

Trump was ideologically incoherent and crassly transactional. But the threat he posed to American empire and thus the gargantuan security state helps establish a motive for why US intelligence intervened in both the 2016 and 2020 elections. As president, Donald Trump lavished the rich with tax cuts and deregulation. Yet, contradictorily, he also threatened the structure of American global hegemony that does so much to keep the American one percent tremendously wealthy. In fact, Trump undertook the most momentous rollback […]

The post Trump against empire: is that why they hate him? appeared first on The Grayzone.

Created
Thu, 16/02/2023 - 14:30
Media Release Number 2023-05: Today’s Payments System Board meeting discussed ASX’s self-assessment against the Financial Stability Standards (FSS), the Bank’s framework for supervising payment system safety and resilience, payments system regulatory reform, the future of the cheque system, the future of the Bulk Electronic Clearing System (BECS), international and domestic work on central bank digital currency (CBDC), and the 12 October technology outage at the Bank.
Created
Thu, 16/02/2023 - 12:31
The Australian Bureau of Statistics (ABS) released of the latest labour force data today (February 16, 2023) – Labour Force, Australia – for January 2023. My overall assessment is that the labour market is now in decline after two consecutive months of employment loss. In January 2023, total employment fell by 11,500 (-0.1 per cent)…
Created
Thu, 16/02/2023 - 12:00
It’s not paranoia A majority of the Republican Party is self-avowed (white) Christian nationalists. They admit it: More than half of Republicans support Christian nationalism and believe the United States should be a strictly Christian nation — that’s according to a new survey from the Public Religion Research Institute and the Brookings Institution. Christian nationalism is an extreme and divisive worldview rooted in the belief that the U.S. is an inherently Christian nation and that the country’s laws should be rooted in Christian values.  The view has been prominent in white evangelical spaces for decades, but it gained significant national attention following the Jan. 6 attack on the Capitol and throughout the Trump presidency. Now, according to researchers — who surveyed more than 6,000 Americans — the public’s view on Christian nationalism is divided mostly along political party lines. The survey found that most Republicans surveyed view themselves as either Christian nationalist sympathizers (33%) or adherents (21%).
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Thu, 16/02/2023 - 11:00
Fat chance of it becoming law Two Democratic senators called on Congress to adopt a proposal that Senate Minority Leader Mitch McConnell (R-Ky.) made in 2011 to address a standoff over raising the debt ceiling, which would grant the president the authority to raise the limit on their own.  Sens. Jeff Merkley (D-Ore.) and Tim Kaine (D-Va.) said in an op-ed in The Washington Post on Wednesday that McConnell’s plan is simple and took the “weaponization of the debt ceiling off the table” during a battle over raising the debt limit more than a decade ago.  The plan was included in the Budget Control Act of 2011, which ended an impasse between a Republican-led House with a Democratic-led Senate and then-President Obama.  “While the broader Budget Control Act had numerous flaws, the McConnell plan itself was a good solution then, and it remains a good solution today,” Merkley and Kaine said.  They said McConnell’s plan allowed Obama to raise the debt ceiling on his own while allowing Congress to pass a joint resolution to override that action if two-thirds of lawmakers wished to.