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Tue, 09/05/2023 - 10:00
If you want to understand what’s wrong with out politics, look no further than this chart YouGov survey: The only news the right fully trusts are propaganda outfits, Breitbart, The Federalist, Fox News, OAN and Newsmax. Astonishingly, more Democrats than Republicans trust right wing rags like the National Review, Washington Examiner and the Daily Caller. These people are living way down deep in the wingnut rabbit hole and they have completely lost touch with reality.
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Tue, 09/05/2023 - 08:30
Biden may have no choice There’s a lot of talk these days about Biden citing the 14th amendment to unilaterally lift the debt ceiling if it comes down to that. (Actually it’s just him directing the treasury dept. to pay the bills the government has incurred.) I thought you might be interested in this analysis of the subject by legal expert Garret Epps: John Perry, a wealthy patriot, boosted the American war effort in 1918 by subscribing to the Fourth Liberty Loan. For $10,000, he bought a bond payable in 1934 “in United States gold coin of the present standard of value.” By Perry’s calculation of the price of gold, that meant that in 1934 he was entitled to a payback in the value of $16,931.25.   Unfortunately for Perry, U.S. dollars were no longer backed by gold in 1934, and there were no legal gold coins. Among the effects of the Great Depression was radical deflation—as money got scarcer, those who still had dollars could buy more goods and services than before the crash. So, on June 5, 1933, Congress passed a Joint Resolution declaring such “gold clauses” invalid.
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Tue, 09/05/2023 - 07:00
He was also a Nazi We know now that he was a white supremacist incel. Here’s one of his posts on social media: It sounds like some kind of joke. (He even mentions that Hitler got Germany out of an economic recession!) But it’s not. This guy’s social media is full of stuff like this. He hits all the talking points. I hope that monster “Libs of Tik Tok” feels good about herself today. She really helped save the children last weekend.
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Tue, 09/05/2023 - 06:00

In 1976, Robert Gilpin distinguished three contrasting political economy perspectives: liberalism, Marxism, and mercantilism. Gilpin introduced these International Relations-derived categories as theories and ideologies of political economy, sometimes conceived either as explanatory models or future scenarios. He recognises that the three ideologies ‘define the conflicting perspectives’ that actors have, but he does not go as far as to theorise how the perspectives may be part of the dynamics of the world economy and generative of its history and future. Gilpin’s models, scenarios, and theories are thus mainly cognitive attempts to understand reality from the outside. Since Gilpin’s main works, a large number of critical and constructivist International Political Economy (IPE) and Global Political Economy (GPE) approaches have arisen, stressing the constitutive role of ideas and performativity of theories. Many of these studies, however, tend to focus on aspects of contemporary matters or specific issues and fall short of analysing broad historical developments and, most markedly, causation.

Created
Tue, 09/05/2023 - 05:30
“Seizing political control of the schools is not a campaign slogan. It’s a plan to turn power into more power” The right has been attacking public education as long as anyone can remember. It’s usually about unions or dumbing down and losing to the Chinese or something like that. But as Jonathan Chait writes in this excellent article about what’s actually happening in today’s right wing assault on education, they have now decided that academic freedom is for losers — they are convinced that it’s time to completely take over American education and indoctrinate children into right wing ideology. The article is long so I’d recommend that you read it in full if you can but suffice to say that Chait makes many good points about the historical antecedents of various attempts to dominate education and points out that there are excesses on the left as well as right.
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Tue, 09/05/2023 - 04:56
It has been only in recent times that we have had former prime ministers taking up positions in foreign countries, even working for foreign governments. It ought to be regarded as deeply shameful, and more than somewhat disloyal. If our public stewards cannot be trusted to do the right thing, it becomes necessary to control Continue reading »
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Tue, 09/05/2023 - 04:55
As the two major parties continue to debate which of them is pursing a policy of ‘big Australia’, Treasury has quietly forced both of them to accept its preferred long-term net migration target of 235,000 per annum – net migration, that is the difference between long-term arrivals and departures, is the key driver of Australia’s Continue reading »
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Tue, 09/05/2023 - 04:54
Gabriel Sherman’s cover story in Vanity Fair – ‘Inside Rupert Murdoch’s Succession Drama’ – has generated a lot of attention, and with good reason. Murdoch runs one of the most powerful but also one of the most secretive media corporations in the English-speaking world. Sherman is a well-connected and well-respected journalist in New York. He Continue reading »
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Tue, 09/05/2023 - 04:53
A dear friend, amazing mentor and an invaluable China Matters board director who was instrumental to ensuring independent voices on China issues were still alive in Australia. In the many tributes written about Allan Gyngell over the past two days, he has been hailed as a brilliant mind and an outstanding Australian who made an Continue reading »
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Tue, 09/05/2023 - 04:52
Historically, Australian sport has been bosom-tied to corrupt administrative and state management. Administrators of the myriad sporting codes are typically conceited in assuming they provide a service for an increasingly obese populace. The sports personalities turn up and play; spectators turn up in their colours, pies and beers; the sporting hierarchs can then claim they Continue reading »
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Tue, 09/05/2023 - 04:51
OECD data shows China sustains net gain of scientists while US suffers net loss as ethnic Chinese researchers fear US government surveillance and prosecution. The United States may want to choke off vital supplies of hi-tech gear, especially advanced semiconductors, to China. But, thanks to a “red scare” about industrial espionage and intellectual property theft Continue reading »
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Tue, 09/05/2023 - 04:50
The Israeli protests against its new right-wing government have now touched on Israel’s nuclear weapons. To underline what is at stake, former Israeli prime minister Ehud Barak cast aside Israeli ambiguity over whether it possesses nuclear weapons to warn his compatriots that Western diplomats are worried that a Jewish messianic dictatorship could gain control over Israel’s nuclear Continue reading »
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Tue, 09/05/2023 - 03:30
Gun culture is killing us It was another bloody weekend in America’s sick and twisted shooting gallery. A man dressed in full tactical gear and carrying an assault rifle got out of his car at a shopping mall in Allen Texas and started randomly shooting people on the sidewalk. A police officer who was coincidentally on the scene for another call took down the shooter after he had shot 16 people, killing at least 8 and possibly more. (Several people are reportedly still in critical condition.) This is seen as a huge success story among the gun fetishists because it shows that a good guy with a gun can stop a bad guy with a gun with only a dozen and half casualties. It’s what we call “good news” these days. Last week we had two other major shooting incidents before this one. One, in Atlanta, caused the whole downtown area to be shut down for hours after a man shot five women in a doctor’s office and then disappeared into the labyrinth of office buildings.