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Mon, 13/03/2023 - 03:30
May 24, 2018: President Donald Trump signed the biggest rollback of bank regulations since the global financial crisis into law Thursday. The measure designed to ease rules on all but the largest banks passed both chambers of Congress with bipartisan support. Backers say the legislation will lift burdens unnecessarily put on small and medium-sized lenders by the Dodd-Frank financial reform act and boost economic growth. Opponents, however, have argued the changes could open taxpayers to more liability if the financial system collapses or increase the chances of discrimination in mortgage lending. “Dodd-Frank was something they said could not be touched. And honestly, a lot of great Democrats knew that it had to be done and they joined us in the effort,” Trump said before he signed the bill, surrounded by lawmakers from both major parties. “And there is something so nice about bipartisan, and we’re going to have to try more of it. Let’s do more of it.” The measure eases restrictions on all but the largest banks.
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Mon, 13/03/2023 - 01:30
VC billionaires demand bailout … for the little people In the wake of the Silicon Valley Bank collapse, the squealing from the venture capitalist community will not stop until they get theirs. Of course, that’s not how they’re selling their demands. But as with the 2008 financial collapse, the Randian elites are covering their own asses first. Axios: Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, just hours before the bank was seized by the U.S. government, Axios has learned from multiple sources. What to know: The bonuses were for work done during 2022, and were previously scheduled to be disbursed on March 10. That date ultimately coincided with the bank’s takeover by the Federal Deposit Insurance Corporation. Anand Giridharadas’ (“Winners Take All: The Elite Charade of Changing the World“) Twitter feed is filled with the rich advocating for the poor, poor paycheck worker. Giridharadas is still swapping barbs with billionaire Mark Cuban over the SVB bailout demand.
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Mon, 13/03/2023 - 01:26
This is a post from Michael Hudson. It will be posted later today on his site https://michael-hudson.com/,  but the site admin is in Australia, and won’t be up for several hours. Since this is a fast moving story, Michael wanted his info up ASAP, hence this cross post. I do recommend that people follow Michael … Continue reading "Why the Banking System is Breaking Up"
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Mon, 13/03/2023 - 01:03
Some time ago Dutch academics lost their civil servant status. But in its place the language of ‘tenure-track’ and ‘tenure’ has entered Dutch academic life increasingly with American job titles, although the route to a permanent contract with tenure is quite diverse. ‘Academic freedom’ is officially recognized by  article 1.6 of a regular law “Wet […]
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Mon, 13/03/2023 - 00:00
An educational controversy Let’s break it down, my swing dance instructor used to say. We learned more complex moves not by watching him and his partner perform them over and over at music speed and trying to memorize the whole. We learned the move by reducing their actions to component parts. Do this, then this, then that. Where to put your weight on which foot. When to shift it — more subtle stuff than the eye could catch. I’m old. I learned to read decades earlier the same way with phonics. But sometime between then and now, the “whole word” method took hold. It’s been controversial. Controversial enough that the Washington Post Editorial Board saw fit to address it in its Sunday editorial: The so-called reading wars have been raging for decades now, sometimes pitting teachers against publishers or publishers against academicians — and also sometimes, as too many things do these days, pitting progressives against conservatives or Democrats against Republicans.
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Sun, 12/03/2023 - 23:39

 

MAGA coming out swinging…  Silicon Valley leftists getting their clocks cleaned due to their own Democrat Biden people increasing risk free rate in unprecedented fashion as a desperate monetarist attempt to help him with his inflation problem last election year and continuing … 



Will need to at least get something out of it from Dems… like maybe approval of the political delay in TMTG/DWAC merger finally …  if they need a suggestion…



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Sun, 12/03/2023 - 22:34

THE bush tucker Walk About Café at Yarrawarra Aboriginal Cultural Centre at Corindi Beach will be renovated and upgraded thanks to its operator, the Gurehlgam Corporation’s successful application to the Community and Place Funding program which has granted them $250,000. The Centre’s hospitality manager Bob Palmer and Wadjar Regional Indigenous Gallery creative director Alison Williams...

The post Yarrawarra’s Walk About Cafe receives funding for upgrade appeared first on News Of The Area.

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Sun, 12/03/2023 - 22:31

THIS month Woolgoolga Red Cross members join a wave of action across Australia to support the everyday humanitarian work of the Australian Red Cross as part of the Annual Red Cross Calling campaign. Every year the Red Cross members ‘walk the talk’, driven by their belief that no one should face crises alone. Advertise with...

The post Red Cross Calling on Woolgoolga and Northern Beaches residents to act for humanity appeared first on News Of The Area.

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Sun, 12/03/2023 - 22:29

THE Friends of Orara East are organising themselves into an action group that will stand up for the protection of wildlife and flora in their neighbouring native forests. The group of around 60 residents, mainly living in Upper Orara, Dairyville, Coramba and Nana Glen, in and around the Orara East forest catchment, gathered on Thursday...

The post Orara East group stand against industrial logging of native forest appeared first on News Of The Area.

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Sun, 12/03/2023 - 22:25

FOR the past couple of years Coffs Harbour RSL Sub-Branch has been the pleased recipient of Anzac Day and Remembrance Day commemorative handmade quilts crafted by Wendy Riitano from Bringelly NSW. Wendy provides the quilts to assist the Coffs Harbour RSL Sub-Branch to raise money for veterans’ welfare. Advertise with News of The Area today....

The post Wendy Riitano awarded by RSL for her commemorative quilts appeared first on News Of The Area.

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Sun, 12/03/2023 - 22:23

TRAUMA teddies were to the rescue when Biannca M, granddaughter of Coffs Harbour Red Cross member Trish, was unexpectedly whisked off to hospital on Friday 24 February. Biannca was taken by ambulance to hospital after a medical issue, with her Nanna accompanying her. Advertise with News of The Area today. It’s worth it for your...

The post Red Cross Trauma Teddies to the rescue appeared first on News Of The Area.

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Sun, 12/03/2023 - 22:17

OLD Mate’s Burgers in Coffs Harbour had a cracking ‘Pay it Forward to Pete’s Place’ campaign during February, culminating in 190 burgers being pledged to the not-for-profit. “Customers, suppliers and the public jumped on board and far exceeded our expectations,” Old Mates co-owner Louise Wilson told News Of The Area. Advertise with News of The...

The post Old Mate’s Burgers campaign pays forward 190 burgers to Pete’s Place appeared first on News Of The Area.

Created
Sun, 12/03/2023 - 21:00

The three bronze statues that have been touring the world have arrived in Assange’s home country, where John Shipton, John Pilger, David McBride and other speakers demanded the prime minister tell Joe Biden to release the WikiLeaks publisher.

The post ‘Snowden,’ ‘Assange’ & ‘Manning’ Arrive in Sydney [VIDEO] appeared first on scheerpost.com.