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Sun, 12/03/2023 - 07:00
He’s Nixon in high heels He’s very weird: Suzy Barker, a native Iowan dressed in an orange-and-blue University of Florida hoodie, waited in a crowd of fellow Republicans on Friday morning to meet Gov. Ron DeSantis of Florida. She smiled widely and pointed to her hoodie as she told the governor that her son attended college in his home state. Mr. DeSantis — dressed in a dark blue suit with a light blue, open-collar shirt and black boots — stood on the opposite side of 10 metal bike racks separating him from the crowd. He gave a slight nod to Ms. Barker and told her about his state’s new “grandparent waiver” that gives tuition breaks to out-of-state students whose grandparents are Florida residents. But Ms. Barker, a 50-year-old teacher who had driven about an hour to see the Florida governor in Davenport, does not have any other family in the Sunshine State, and she narrowed her eyes in confusion at his response. Here she was at an event promoting Mr. DeSantis’s new book, shoulder to shoulder with a crush of Iowans eager for face time with the anti-“woke” darling of right-wing America, and he was talking waivers. Mr.
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Sun, 12/03/2023 - 06:41

THE All One Under the Sun project in Coffs Harbour has teamed up with students from Orara High School to present ‘Stand Up, Stand By’, an original theatre show that explores the impact of racism on individuals and emphasises the role of bystander intervention in supporting victims of racism. All One Under the Sun is...

The post All One Under the Sun launches new show to remedy racism appeared first on News Of The Area.

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Sun, 12/03/2023 - 06:38

THEATRES across the region are preparing for a massive influx of film lovers from April 20 to May 5, with the Coffs Coast’s premier film and screen celebration, the Screenwave International Film Festival, breaking its previous ticket presales record last week, ahead of the full SWIFF’23 festival line-up becoming publicly available at SWIFF.com.au on Saturday...

The post SWIFF unveils 140-plus sessions for 2023 film festival appeared first on News Of The Area.

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Sun, 12/03/2023 - 06:36

AN amenity wall, designed to shield the Pacific Bay Resort Precinct from the noise and disturbance of the Coffs Bypass construction happening on its Pacific Highway boundary, has been promised by the NSW Liberal and Nationals Government if re-elected on 25 March 2023. If they are, they will commit up to $10 million for a...

The post Barrier to be built to protect Pacific Bay Resort from bypass traffic noise appeared first on News Of The Area.

Created
Sun, 12/03/2023 - 05:30
They’re nuts These people are brainwashed and delusional. They don’t even know what CRT is but they are convinced that they must save the children from it. It would be sad if it weren’t for the fact that they are being used as willing tools in a nascent (maybe not so nascent) fascist movement. What if there is nothing to panic about? This week, three conservative school board members in a rural Colorado district threatened to resign because of critical race theory. Not because they fear it. But, instead, because they’re sick of the fear-mongering about it. The three board members in Elizabeth, Colorado (population: 1,675), say that critical race theory is not taught in schools, but that community members have brought up the issue relentlessly. At a February 13 school board meeting, Elizabeth High School principal Bret McClendon addressed Rhonda Olsen and Heather Booth, the two school board members who have launched a crusade against CRT, telling them to “stop chasing ghosts.” “We are not teaching critical race theory at Elizabeth High School,” McClendon said, according to the local Elbert County News.
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Sun, 12/03/2023 - 04:59
As soon as within a month or two, Japan could begin dumping into the Pacific Ocean 1.3 million tons of treated but still radioactively contaminated wastewater from the stricken Fukushima Daichi nuclear plant. Construction of the kilometre long undersea discharge tunnel and a complex of pipes feeding it commenced last August. This cheap and dirty Continue reading »
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Sun, 12/03/2023 - 04:58
Australia’s Safeguard Mechanism gets a government greenwash while international efforts to control Scope 3 emissions increase. Pygmy chameleons and eagle-owls are fighting for survival in different ways. Please stop eating shark and Tassie farmed salmon. Safeguard Mechanism If you were completely confused or disappointed (or most likely both) by the previous government’s Safeguard Mechanism and Continue reading »
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Sun, 12/03/2023 - 04:57
The different way in which the concept of ‘territorial integrity’ is applied by the West in Ukraine and Taiwan sheds light on the instrumentalist hypocrisy at the heart of American foreign policy, and the role of the media in obscuring that hypocrisy. ‘Territorial integrity’ is very much the mantra in much of the discussion about Continue reading »
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Sun, 12/03/2023 - 04:56
Nobel Peace Prize recipient Ales Bialiatski has been sentenced to 10 years in a Belarus prison for allegedly smuggling and financing actions which violated public order. At almost the same time Nicaraguan opposition leader Felix Maradiaga was released from prison, stripped of his citizenship and flown to the US. Government in Belarus and Nicaragua is Continue reading »
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Sun, 12/03/2023 - 04:54
COVID-19 disproportionately impacts disadvantaged and vulnerable Australians. What does that mean for their engagement in post-secondary vocational education and training (VET)? There is – and will be for some time to come – a “long tail” of impact by COVID-19 on disadvantaged Australians and communities, which will impact their ability to participate in training. This Continue reading »
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Sun, 12/03/2023 - 04:53
Just what’s needed to get me standing up straight, proud and strong! A session with a kindly chiropractor. Not much actual force is needed. He’ll just firmly manipulate my spine and make things right. Posture corrected. Out with that clumsy walking-stick! But what’s this? Is something wrong? Why is John Menadue urging our government to Continue reading »
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Sun, 12/03/2023 - 04:51
Nelson has been described as a bullshit artist, a narcissist, a charlatan, oleaginous, and having a glass jaw. Each descriptor is incomplete, some even unfair. Yet, throughout his career he has been popular across the political spectrum. Why? David Stephens reviews Of Life and Of Leadership, by Brendan Nelson Brendan Nelson has always been an Continue reading »
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Sun, 12/03/2023 - 04:50
Ignorance and fear can be effective weapons in a manipulative politician’s arsenal. They’re guaranteed to pierce the armour of those least protected by doubt and most susceptible to flannel. ‘High tension’ and ‘social unrest’ are likely during the upcoming Indonesian presidential election campaign according to Moody’s investors’ service. That was the case in the 2019 Continue reading »
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Sun, 12/03/2023 - 04:43
Not MMT but MMT-related in that it considers "money" institutionally. The article views the need for a new set of institutional arrangements as compelling for the Global South and suggests parameters for a solution as well as an outline of a possible solution 

While the article does not mention it, this appears to be akin to the bancor system devised by J. M. Keynes and E. F. Schumacher and proposed by the UK at Bretton Woods. It was rejected in favor of the US proposal of a dollar-based system with the USD anchored to gold at a fixed rate for international settlement. This became the untethered dollar system in 1971 when President Richard Nixon ended convertibility on the advice of US Treasury Secretary John Connolly as a unilateral response to a run on gold as a result of rising US deficits. This post-WWII experience provides a historical reference for the issues involved in institutional arrangements regarding "money." This article is informed by that experience.

The article is also based on the work of Zoltan Pozsar's analysis and draws on Michael Hudson's critique.
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Sun, 12/03/2023 - 02:30
More rugged individualism for thee but not me Watching the fallout from the Silicion Valley Bank failure. (I’m not a financial expert.) “And this isn’t a bailout,” Cuban insists. David Dayen replies: Funny story about #2, Mark. The regulators were watching until 2018, when SVB and other banks lobbied to send the regulators home, and convinced Republicans (and 50 Democrats) to do it. Your favorite people warned that it would go badly. It did. The Lever notes that SVB President Greg Becker lobbied against further oversight of his bank: In 2015, SVB President Greg Becker appeared before a Senate panel to push legislators to exempt more banks — including his own — from new regulations passed in the wake of the 2008 financial crisis. Despite warnings from some senators, Becker’s lobbying effort was ultimately successful.
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Sun, 12/03/2023 - 01:25
The American Federal Deposit Insurance Corporation (FDIC) made the unusual step of shutting down the flailing Silicon Valley Bank (hereafter, SVB) during business hours yesterday (Friday). (FDIC Friday usually involves teams swooping in after the close on Friday.) Since I have to write this article quickly in the morning, I am not sure of what the latest developments are for SVB, rather I want to discuss the possibility of contagion....
Bond Economics
Oh No, Panic In Silicon VAlley
Brian Romanchuk
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Sun, 12/03/2023 - 01:00
High-flying risk-takers demand their bailout Christopher Walken’s first movie role was in The Anderson Tapes, a 1971 Sidney Lumet caper film starring Sean Connery. Walken played “The Kid,” a junior safecracker. Connery’s team of thieves robs a high-end New York apartment building. It’s Oscars weekend. But that’s not the reason for mentioning the film. When Walken can’t break into a safe in one rich couple’s apartment. ‘Duke’ Anderson (Connery) demands the combination. The man refuses. Duke yanks up the man’s wife by the hair. (I can’t get the clip to load.) “Darling, it’s all right,” the man tells her calmly. “Just hold on. It just hurts right now, but you’ll be all right.” “You bastard!” she shouts. “Tell him!” He doesn’t, so Duke calls in his hitter, “Socks,” points to the rich jerk, and says, “Him!” Threatened with pain himself, the guy folds up like tissue paper. Fiction? Watch how rich libertarians behaved when Silicon Valley Bank collapsed on Friday.
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Sun, 12/03/2023 - 00:30
Broadcaster’s sports coverage reduced to regurgitating old podcasts after cowardly decision to buckle to Tories’ manufactured outrage The BBC has pulled its entire Saturday afternoon Radio 5 Live sports schedule – and a big chunk of its morning programmes – as more and more presenters refuse to appear, in solidarity with Gary Lineker, who was […]