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Fri, 30/12/2022 - 09:00
It’s not just Twitter, it’s Tesla too Paul Krugman addresses one of the big questions I think a lot of us have had over the past few weeks. If that guy is running twitter isn’t that guy also running Tesla? How much of his reputation is hype? If you’re one of those people who bought Bitcoin or another cryptocurrency near its peak last fall, you’ve lost a lot of money. Is it any consolation to know that you would have lost a similar amount if you had bought Tesla stock instead? OK, probably not. Still, Tesla stock’s plunge is an opportunity to talk about what makes businesses successful in the information age. And in the end, Tesla and Bitcoin may have more in common than you think. It’s natural to attribute Tesla’s recent decline — which is, to be sure, part of a general fall in tech stocks, but an exceptionally steep example — to Elon Musk’s purchase of Twitter and the reputational self-immolation that followed. Indeed, given what we’ve seen of Musk’s behavior, I wouldn’t trust him to feed my cat, let alone run a major corporation.
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Fri, 30/12/2022 - 08:10
Scalia's "Major Questions" doctrine is just another "Democrat laws we don't like aren't real" argument, but there is a tendency to leave clear statutory authority on the table while looking to Congress to pass "no we really mean it enforce this law clearly in this specific way because you won't do it with the general authority we passed."

Decades of the executive branch just not acting like it for various reasons. It isn't wrong to hope that Democratic administrations change that. "Don't make things worse faster" is not enough!
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Fri, 30/12/2022 - 07:30
The GOP agenda is something else Oh, and also they need to get to the bottom of the pandemic origins and figure out why kids were kept out of schools. This is just a friendly reminder of the circus that’s raising its tent in Washington DC next week. RICH EDSON, FOX NEWS: Congressman, there is a speakership race coming up in less than a week. Who is going to be Speaker? REP. ANDY BIGGS: We will have to have that vote on January 3. Right now, nobody has 218 votes which is the magic number. I don’t we are going to see that until January 3. Maybe it will take a few ballots to shake that out. EDSON: Is there a candidate you would support or that you want or think should be Speaker of the House? BIGGS: Of course, I’m running. But there are some good people in our conference. I don’t want to put a name. I don’t want to put a target on their back, but there are several people that are very capable, actually more than just a few capable of being Speaker of the House. I think we will get a consensus candidate, and we will get it in fairly short order and move on.
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Fri, 30/12/2022 - 07:30
Of course if he is being dishonest it's the kind of thing the SEC should get upset about but lol they are out of the habit of doing anything like every other regulatory agency.
The Tesla chief executive, Elon Musk, has said he will not sell any more of the electric car company’s stock for about two years.
I suppose he could just be putting up increasing amounts of it as collateral.
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Fri, 30/12/2022 - 07:13

           Mark Twain said: “A lie can travel halfway around the world while the truth is still putting on its shoes.” Ironically, he didn’t. The quotation should correctly be attributed to Jonathan Swift. The lie remains in high orbit.             Even when the truth comes to light, it gets nothing close to the wide distribution...

The post How about Equal Time for the Truth? first appeared on Ted Rall's Rallblog.
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Fri, 30/12/2022 - 06:47
The Independent has already suggested that two thirds of junior doctors are considering leaving the NHS, but the fact that this is also disclosed in the right wing Spectator (previously edited by Boris Johnson) means that personally I am convinced it is true. It provides even more evidence that we have a government that is... Read more
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Fri, 30/12/2022 - 06:32

Our 5th most-read article of the 2022.

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Originally published October 25, 2022.

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SUBJECT: I’m DESPERATE, Mom

Mom, did you see this?!?

FIRST: I got a $300 traffic ticket because I forgot about alternate side parking.

THEN: I saw this really cute shirt and it was $95, but that’s actually a good deal because I’m definitely going to wear it a lot.

NOW: Rent is due, and according to my most recent calculations, we’re about $395 short.

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Fri, 30/12/2022 - 06:16

MOFFEE, the Coffs Coast Triple M morning radio host, celebrated his 40th birthday morning outside Harvey Norman Park Beach Home Base on Saturday 17 December, presenting his show and chatting with members of the community emergency services. “The police, firies, ambos and SES do an amazing job in our area, I wanted to get the...

The post Moffee talks road safety, emergency services on birthday morning appeared first on News Of The Area.

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Fri, 30/12/2022 - 06:13

THE Rotary Club of Coffs Harbour Daybreak members have upscaled their annual Christmas hamper gifting to inpatients at the Coffs Harbour Acute Mental Health Unit. Being mindful that Christmas can be very lonely for people on their own, especially if it is spent as an inpatient, and even worse if they have nothing from home,...

The post Rotary creates happy hampers for patients in mental health care appeared first on News Of The Area.

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Fri, 30/12/2022 - 06:11

ONE hundred years of the Country Women’s Association (CWA) of NSW was celebrated by the Coffs Harbour branch members on Thursday 15 December at their 3 Dalley Street rooms, with a celebration that was well attended by dignitaries, invited guests and many ladies who are members of this amazing organisation. The celebration atmosphere was described...

The post Country Women’s Association celebrates centenary of community service appeared first on News Of The Area.

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Fri, 30/12/2022 - 06:07

A REFINED draft masterplan for the Coffs Harbour Jetty Foreshore Redevelopment, which takes in the latest community feedback, has been released. Member for Coffs Harbour Gurmesh Singh was joined by The Observatory Apartments manager Lydia Crossingham and Project Steering Advisory Committee member Cath Fowler at the Jetty Foreshores on Wednesday 21 December to share their...

The post Focus on green spaces in revised Jetty Foreshores plan appeared first on News Of The Area.

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Fri, 30/12/2022 - 06:04

THE failings of the Biodiversity Offsets Scheme (BOS) set out by NSW Department of Planning and Environment have been exposed during the fight to stop Transport for NSW (TfNSW) destroying the Scrub in West Coffs, or Grandpa’s Scrub, as some have named it, during construction of the Coffs Bypass beginning in 2023. This last remaining...

The post Biodiversity Offsets failings exposed during fight to save Coffs rainforest appeared first on News Of The Area.

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Fri, 30/12/2022 - 06:00
Here’s a fun look at some delicious MAGA on MAGA combat: Sean Hannity, once the most important mouthpiece for Donald Trump, seems to be increasingly on the MAGAworld outs. And a new revelation that Hannity doesn’t buy the Big Lie isn’t helping. In a just-released deposition surrounding Dominion Voting Systems’ defamation lawsuit, the Fox News star said he’d never believed—not “for one second”—baseless election fraud claims stemming from the 2020 election. That stance, directly at odds with many of his primetime segments and the beliefs of many of his closest allies, has put Hannity in an awkward position. Among the MAGA all-stars currently upset with Hannity are MyPillow maven Mike Lindell, former Trump adviser Steve Bannon, far-right radio host Stew Peters, and even reportedly Trump himself. […] “Sean Hannity is disgusting,” Lindell told The Daily Beast.
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Fri, 30/12/2022 - 05:09
‘It wasn’t up for very long’ sums up union’s response to branches complaining about anti-Irish and anti-Scot post on social media Unite knocked back the complaints of a number of the union’s branches about a racist post by a close ally of general secretary Sharon Graham earlier this year – despite agreeing that the comment […]
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Fri, 30/12/2022 - 05:00
But the Durham probe goes on… It was just another expensive pacifier for the big baby. Steve Benen reports: For those who might benefit from a refresher — you’d be forgiven for thinking, “John Durham’s name sounds familiar, but I can’t remember why I’m supposed to care about him” — let’s revisit our earlier coverage and explain how we arrived at this point. The original investigation into Donald Trump’s Russia scandal, led by then-special counsel Robert Mueller, led to a series of striking findings: The former president’s political operation in 2016 sought, embraced, capitalized on, and lied about Russian assistance — and then took steps to obstruct the investigation into the foreign interference. The Trump White House wasn’t pleased with the conclusions, but the Justice Department’s inspector general conducted a lengthy probe of the Mueller investigation, and not surprisingly, the IG’s office found nothing improper. This, of course, only outraged Trump further, so then-Attorney General Bill Barr tapped a federal prosecutor — U.S.
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Fri, 30/12/2022 - 04:58
I would progressively wind back and eliminate the $14b pa taxpayer subsidy for Private Health Insurance and use that very large sum to fund the inclusion of dental care within Medicare and increase the funding to the states for expanded specialist services in outpatient clinics at public hospitals. A repost from May 18, 2022 The Continue reading »
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Fri, 30/12/2022 - 04:57
In 2015, education services earned an export income for Australia of over $16 b. p.a. Those export services were expected to increase to $31 b. p.a. by 2020 from about 600,000 overseas students. Education was our fourth largest export behind iron ore, coal and natural gas. It is our major services export, ahead of tourism. Continue reading »
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Fri, 30/12/2022 - 04:56
Capitalism and “liberal democracy” are failing and destroying our world. In this, the first of a three-part series, we explore the failure of this system and the case for change. Failure of US Western Liberal Democracies Wars are continuous and the risk of nuclear escalation is increasing. Governments seem incapable of grappling with the climate Continue reading »