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Created
Wed, 15/03/2023 - 04:49
As part of Australian media’s relentless onslaught of war–with–China propaganda, the government-run Australian Broadcasting Corporation just aired a radio segment on RN Breakfast about the newly revealed details on the AUKUS nuclear-powered submarine deal, featuring two guests who are enthusiastic supporters of the deal, and hosted by another enthusiastic supporter of the deal. One of Continue reading »
Created
Wed, 15/03/2023 - 04:45
In an exclusive interview with The Cradle, Russia's top macroeconomics strategist criticizes Moscow's slow pace of financial reform and warns there will be no new global currency without Beijing.
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Wed, 15/03/2023 - 04:00

“Regulators shut down Silicon Valley Bank on Friday, in the largest U.S. bank failure since the 2008 financial crisis.” — The New York Times, 3/13/23

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Look, I get it, I’m a bank, and with that comes certain expectations. That I’m good with money. That I’ll protect your money. That I know what money is and how it works. But those are outdated stereotypes. Nowadays, banks can be anything, including bad with money.

When you have the last name Bank, your future is pretty much mapped out for you. You go into the family business and do your best. And my best was mismanaging funds so egregiously that it shattered Americans’ confidence in the entire US banking system.

Created
Wed, 15/03/2023 - 03:30
Jennifer Rubin on the latest Hunter Biden harassment: Right-wing House Republicans have left little doubt that they want to spend the bulk of their time and energy investigating phony conspiracies and made-up scandals. Their main obsession appears to be Hunter Biden, whose very name has become a buzzword in right-wing media. The contents of one of his laptops, revealed in 2020, have inspired a fantastical conspiracy theory that has been comprehensively debunked by, among others, Asha Rangappa, a senior lecturer at Yale University’s Jackson School of Global Affairs and former FBI agent. She persuasively applies a “a basic three-part formula” employed by psychologists who study conspiracy theories “for disentangling truth from fiction, one that activates the rational, analytical side, rather than the lizard, fight-or-flight side, of the brain.” Her takeaway: The conspiracy theorists have reached the “temper tantrum” stage of the Hunter Biden “scandal.” […] Obviously, there is no legitimate basis for congressional “oversight” of the matter.
Created
Wed, 15/03/2023 - 01:36

Vera Songwe, Chair of the Liquidity and Sustainability Facility, and former Executive Secretary of the UN Economic Commission for Africa, on the multiple crises facing African countries.

Songwe is co-chair of the Independent High-Level Expert Group on Finance for Climate Action, a member of the Global Financial Alliance for Net Zero (GFANZ), and a nonresident senior fellow at the Brookings Institution. Songwe was previously Under-Secretary-General at the United Nations and Executive Secretary of the United Nations Economic Commission for Africa. Recognized as one of Africa’s 100 most influential people in 2022 and recipient of the All Africa Continental Leadership Award, Songwe was named one of the nominees for Forbes Africa 50 Top Women in 2023. She recently co-authored a book entitled Regional Integration in West Africa: Is There a Role for a Single Currency? She has spent the last three years championing the cause for additional liquidity for emerging markets and the need for a new global financial architecture fit for the 21st century’s development challenges.

Created
Wed, 15/03/2023 - 01:30
Short-term anxiety Watch this clip of Guy Cecil, the departing chair of Priorities USA PAC. He provides a pretty concise breakdown of where Democrats go wrong. The right takes a long view of politics, Cecil argues. They invest in long-term ideological change. It took the conservative movement 50 years to repeal Roe, but they retained that focus and worked at it until they did. Democrats’ think in election cycles. They need a broader, longer approach to building their coalition and infrastructure. “One of my concerns is that we have fetishized the use of data and analytics,” Cecil tells MSNBC’s Rachel Maddow. In so doing, Democrats reduce their electoral coalition to “a confederacy of caricatures.” This groups cares about this issue, and that group cares about another. In fact, people are people, and they care about many things. I wrote recently about the fixation on data: Young, presidential-campaign staffers fresh off primary races and with visions of West Wing jobs dancing in their heads are all about data. Data is how superiors evaluate their job performance. How many volunteers, how many calls, how many knocks today? Get those 9 p.m.
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Wed, 15/03/2023 - 00:30

Is China really on the verge of invading the island of Taiwan, as so many top American officials seem to believe? If the answer is “yes” and the U.S. intervenes on Taiwan’s side — as President Biden has sworn it would — we could find ourselves in a major-power conflict, possibly even a nuclear one, in the not-too-distant future. Even if confined to Asia and fought with conventional weaponry alone — no sure thing — such a conflict would still result in human and economic damage on a far greater scale than observed in Ukraine today.   But what if the answer is “no,” which seems at least as likely? Wouldn’t that pave the way for the U.S. to work... Read more

Source: Is a Chinese Invasion of Taiwan Imminent? appeared first on TomDispatch.com.

Created
Wed, 15/03/2023 - 00:23
On March 8, 2014, at around 1:20am, Malaysia Airlines flight MH370 vanished from radar screens just off the coast of Malaysia, never to be seen again. Nine years later, the Boeing 777’s disappearance remains the most astonishing, and terrifying, mystery in aviation history. In this age of constant real-time monitoring of everything that moves through …

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Created
Wed, 15/03/2023 - 00:00
Time to restore U.S. shipbuilding? The Taxes-are-Theft crowd are the Makers-and-Takers crowd are Entitlement-Reform crowd are the Government-Never-Created-a-Job crowd. Somehow, 25 percent of U.S. food grown on an inland desert just gets watered and manifests in the local supermarket (along with foreign produce; we’ll get to that). Somehow, the national system of interstate highways over which they travel just appeared overnight. Somehow, water appears out of their taps and what they shit disappears just as magically. Entitlement? There’s a whole lot goin’ ’round. We used to call it taking things for granted. Like bank deposits being safe. Sen. Elizabeth Warren Monday night reminded Rachel Maddow’s viewers how banking should work. It should be boring. Something that, like those other things, we hardly notice. That was the point of Michael Lewis’ “The Fifth Risk.” When government works as it should, it’s almost unnoticeable. We take it for granted. We don’t know a fraction of what it does. On that, retired Navy captain Jerry Hendrix reminds The Atlantic readers how much of global trade depends on freedom of the seas.
Created
Tue, 14/03/2023 - 23:33
Remembering Who The Nazis Killed First

Niemoller:

First they came for the socialists, and I did not speak out—because I was not a socialist.

Then they came for the trade unionists, and I did not speak out—because I was not a trade unionist.

Then they came for the Jews, and I did not speak out—because I was not a Jew.

Then they came for me—and there was no one left to speak for me.

So, the list isn’t exhaustive, there’s no mention of gays and Gypsies/Roma, for example. No one ever seems to talk about the Roma but as a percentage of their population they got it worse than the Jews did.

But forget that. It seems all we talk about is the tragedy of the Jews, but notice they weren’t killed first. First it was the socialists, then it was trade unionists.

Created
Tue, 14/03/2023 - 23:33

 

Bubbe Janet might be on the mat:




This is same as Hank Paulson hiding in the lavatory with the dry heaves in 2008…. All this stress about the munnie system takes a physical toll when you don’t know what is going on…



Created
Tue, 14/03/2023 - 23:00

It can be challenging to raise children with someone who insists you have no role in raising children.

Yes, those children are your siblings, and you yourself are a child, and your co-parent is someone who has successfully cleaned your butt on several occasions.

But your siblings’ survival—the world’s entire future—depends upon you. How can you get your co-parent to accept that you alone can fix the ways they’re screwing up this whole child-rearing thing?

And not just a little bit—like, oh my GOD.

Tip No. 1: Repeat all instructions

Your parent barks out a dizzying array of commands all day, every day. Most of them are stupid. Some of them are wrong. All of them are clearly meant for other, non-you kids.

And it is incumbent upon you, as a co-parent, to restate them.

Loudly and repeatedly.