Economy

Created
Tue, 04/04/2023 - 04:55
When unpacking the way in which national funds for front line services such as homelessness are handed out, arguably little has changed for modern day Darwin since the garrison town was bombed in 1942. When Justice Charles Lowe handed down his first report of the Commission of Inquiry into the circumstances connected with the attack Continue reading »
Created
Mon, 03/04/2023 - 01:55

By Dean Baker / Beat the Press (CEPR) There is a standard tale of politics where conservatives want to leave things to the market, whereas the left want a big role for government. The right likes to tell this story because it advantages them politically, since most people tend to have a positive view of […]

The post The Silicon Valley Bank Bailout: The Purpose of Government Is to Make the Rich Richer appeared first on scheerpost.com.

Created
Sun, 02/04/2023 - 00:44
Labour’s sums just don’t add up – so much for ‘competence’ An attempt by Keir Starmer’s Labour to create a ‘household bill’ meme to hit the Tories over the ‘cost of living crisis’ – in reality a manufactured emergency enriching the Tories’ corporate backers – backfired after Labour couldn’t even write add up five lines […]
Created
Fri, 31/03/2023 - 04:53
Worldwide obesity has tripled since 1975. WHO surveys tell us that more than 2 billion adults, 18 years and older are overweight and of these nearly 800 million are actually obese. 39 million children under the age of 5 were overweight or obese in a 2020 survey and it is estimated that 400 million children Continue reading »
Created
Fri, 31/03/2023 - 04:56
Nearly everything the Labor government says about nuclear subs is ludicrous and highly damaging. Despite Defence Minister Marles apparently saying Australia will not participate in a war over Taiwan, Hugh White (ex- Dep Head Defence) says the US would never sell nuclear submarines to Australia without guarantees they will always be used in a US Continue reading »
Created
Wed, 29/03/2023 - 04:57
Very simply, we have to shake out cobwebs and think for ourselves. While it sounds simple, it is actually hard when trying to separate from a dominant ally and the “illusory truth effect” which envelopes us daily. In recent years there have been hundreds of contributions here from writers urging that we withdraw from the Continue reading »
Created
Mon, 27/03/2023 - 21:01

By Ralph Nader Once again, government socialism – ultimately backed by taxpayers – is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New York greedily mismanaged their risk levels and had to be closed down. The Federal Deposit Insurance Corporation (FDIC), in return, to avoid a bank panic […]

The post Ralph Nader: Reckless Capitalist Banks Rescued by Government Socialism—Again! appeared first on scheerpost.com.