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Created
Fri, 06/10/2023 - 20:46

In his latest book, the Greek politician – who in 2015, at the height of the Greek debt crisis, was catapulted from academic obscurity to Minister of Finance – argues that insane sums of money that were supposed to re-float our economies in the wake of the financial crisis and the 2020 pandemic have ended […]

The post Channel 4’s Krishnan Guru-Murthy interviews me on my TECHNOFEUDALISM appeared first on Yanis Varoufakis.

Created
Fri, 06/10/2023 - 19:46
Är nationalekonomi vetenskapligt baserad kunskap? Kan man förutspå hur enskilda individer eller hela samhällen kommer att agera ekonomiskt? Till exempel om miljonbonusar gör toppchefer mer lojala mot de företag som anställt dom? Kan ekonomiska analytiker verkligen se in i framtiden och förutspå kommande kriser? Eller handlar ekonomernas prognoser mer om en kvalificerad gissningslek? Yours truly […]
Created
Fri, 06/10/2023 - 17:27

WITH amazing crowds over the two days, the Woolgoolga District Orchid Society’s Annual Spring Orchid Show and Garden Expo certainly got the thumbs up from both the organisers and visitors. “It has been one of the best Orchid Shows seen along the coast,” stated Kathy Bruce from Maclean. Advertise with News of The Area today....

The post Bloomin’ marvellous – Woolgoolga District Orchid Society’s Spring Orchid Show and Garden Expo appeared first on News Of The Area.

Created
Fri, 06/10/2023 - 17:21

A BREATH of fresh air has revitalised the Coffs Harbour music scene with the unveiling of The Backroom at the Coffs Hotel. The former Winxx nightclub has undergone a remarkable transformation, now offering patrons an experience reminiscent of Melbourne, New York, or London. Advertise with News of The Area today. It’s worth it for your...

The post Coffs Harbour’s music scene revived with The Backroom’s grand debut appeared first on News Of The Area.

Created
Fri, 06/10/2023 - 17:10

WORLD Mental Health Day on Tuesday 10 October is the driver for a collaboration between the Dorrigo Rotary Club, Bellingen Shire Council and local mental health organisations. Together they will host a community-wide Mental Health Walk from Dangar Falls, taking place at 9am on Sunday 15 October 2023. Advertise with News of The Area today....

The post Lift The Lid walk for mental health awareness steps out from Dangar Falls in Dorrigo appeared first on News Of The Area.

Created
Fri, 06/10/2023 - 16:14

BELLINGEN Shire’s Housing Matters Action Group (HMAG) is thrilled to announce the launch of its Community Land Trust (CLT) Establishment Project, thanks to a funding partnership with the Siddle Family Foundation. A form of shared home ownership, well-established in the UK and USA, a CLT is run by and for the community, making it affordable...

The post Flexible co-ownership creates affordable housing options in Bellingen appeared first on News Of The Area.

Created
Fri, 06/10/2023 - 15:47

WOOLGOOLGA Beach Reserve is the meeting place for the Days for Girls (DfG) Coffs Coast fundraising walks on Saturday 14 October. Called Walk for the Girls there’s two distances to choose from, 1km and 5km, with both stepping out at 11am. Advertise with News of The Area today. It’s worth it for your business. Message...

The post Woolgoolga hosts Day for Girls walks appeared first on News Of The Area.

Created
Fri, 06/10/2023 - 10:30
Apparently, he has a great fear that someone is going to poison him. Cassidy Hutchinson is still on her book tour. And she has some more tea (or, should I say, condiments)on Trump’s bizarre phobias and obsessions. He isn’t just an authoritarian monster, he’s also filled with weird paranoid neuroses: Cassidy Hutchinson is not done airing out the sordid, amusing, sometimes confounding things she witnessed while working under Donald Trump. The former White House aide, whose book Enough is leading American sales, stopped by Jimmy Kimmel Live and spent much of her time explaining, of all things, the former president’s apparent inability to eat lunch like a normal person. Hutchinson’s testimony during last year’s January 6 hearings instantly went viral and, as Jimmy Kimmel put it on Wednesday night, “cast serious doubt on the highly professional, by-the-book reputation of the Trump administration.” Among other damning accusations, Hutchinson recalled a time when Trump threw his lunch against the wall in a fit of rage.
Created
Fri, 06/10/2023 - 09:00
Analysts predict a massive drop in prices over the next few days and weeks. We’ll have to see if the media notices. Over the past few weeks there has been non-stop hysteria over the gas price spike on the news. There has been lots of speculation about how it’s the death knell for Biden’s presidency , of course. Will they report this? After spiking to alarming levels just last week, oil prices are suddenly in free-fall mode. The dramatic reversal should bring relief to drivers (and nervous central bankers) very soon. US oil prices plunged by 5.6% to $84.22 a barrel on Wednesday, marking the biggest one-day decline in a year. Crude dropped even further Thursday, sinking as low as $82.24 a barrel, a five-week low. This is quite the U-turn, even for the notoriously boom-to-bust oil market. As recently as last week, US crude briefly touched $95 a barrel and Wall Street banks were predicting $100 or higher amid Saudi Arabia and Russia’s aggressive supply cuts. Now, gas prices are already starting to retreat and experts predict sharper drops to come.
Created
Fri, 06/10/2023 - 08:11
Political v.s Physical Tipping Points

Back in the 2000’s I belonged to the Netroots movement. Our mantra was “more, better democrats.” We ran primaries, fundraised and put pressure on politicians, on top of all the normal blogging stuff, much of which we were the first mass practitioners of.

We failed. Obama was our loss moment, as he bypassed us and was able to get our readers without having to appease us.

But Obama was something more important. The financial crisis of 2007-9 was a moment which would have allowed for radical change. An FDR figure could have changed the nature of America in their response to it, breaking up banks and other monopolies and letting a vast swathe of the rich go bankrupt and charging them with crimes, thus breaking their power for generations to come.

Obama didn’t do that. He didn’t even seriously consider it, instead he supported the Federal Reserve and Treasury in saving them and enriching them.

Created
Fri, 06/10/2023 - 07:30
That first hearing was a train wreck. Is there any possibility that the next ones will be better? House Oversight Committee Chairman James Comer did not cover himself with glory in the hearings and the Republicans are not happy. They seem to think it was just a bad performance (which it was) but the real problem is the total lack of any evidence justifying an impeachment. The Bulwark’s Joe Perticone has the details: The House Oversight Committee’s impeachment inquiry into President Joe Biden didn’t begin with the bang Republicans had wanted. The first hearing, one week ago today, was seen by many impartial observers as disorganized and rudderless. No surprise there: This has been the case throughout the past several months of the Oversight Committee’s sprawling probes into the president and the business dealings of his son, Hunter Biden. The backlash was everywhere, on Capitol Hill and in conservative media. You can even see the skepticism in polling of Republicans. According to a new Monmouth University poll, just three in ten Republicans put a lot of trust in the fairness of the impeachment inquiry.
Created
Fri, 06/10/2023 - 07:04

BRIDGE work has begun for the Coffs Harbour Bypass with the arrival of piling rigs at two key sites. The piling work is an early, foundational part of building the seventeen bridges needed for the bypass. Advertise with News of The Area today. It’s worth it for your business. Message us. Phone us – (02)...

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