Humanity has reached a tipping point. It is time for governments, international institutions and people everywhere to take stock and act with renewed urgency. RESTORE HOPE: AN APPEAL to all who care about Humanity’s and the Planet‘s future Much depends on how well we support this appeal. Professor Richard Falk, Dr Chandra Muzaffar and I Continue reading »
Economy
The warmongers in the Anglophone countries of Britain, the USA and Australia today cause great concern with their AUKUS treaty and the not very subtle stirring of frenzy against China. It was similar in 2003 except that Iraq was the country being demonised. In 2003 rallies against the invasion of Iraq were held around Australia. Continue reading »
Speaking at a summit in San Diego on Monday, Prime Minister Anthony Albanese has announced a decades-long strategy to deliver the most costly defence project in Australia’s history. New details of the AUKUS defence and security pact have revealed Australia will buy three second-hand US Virginia-class submarines early next decade (and potentially two more), subject to Continue reading »
Anthony Albanese’s photo opportunity with president Biden and prime minister Sunak in San Diego must rank as one of the more grotesque and expensive the world has seen. The submarine deal, glowingly described as his ‘moon shot’ with its $368 billion price-tag is an act of pillage of public money. It might allow him to Continue reading »
Briahna Joy Gray and Matt Stoller discuss the collapse of SVB, and anti-trust in relation to East Palestine and the prospective merger between Jet Blue and Spirit Airlines.
The post The Roots of the Silicon Valley Bank Collapse (w/ Matt Stoller) appeared first on scheerpost.com.
What are the budgetary implications of the AUKUS nuclear-powered submarine deal? Here are some numbers provided by a Defence spokesman to select journalists. It is expressed in today’s dollars so does not include future inflation. Since it was a background briefing not an official communique it’s not clear who takes responsibility should these costings prove Continue reading »
The Labour leader is missing a once in a generation chance to set out much-needed radical reforms for a broken nation, argues his former advisor Simon Fletcher
This is a wide-ranging discussion about the anatomy of bank failures. Dave Kelley, the moderator, is a pension actuarial expert, headquartered in Ohio. Chairman of the Domestic Policy subcommittee of the Govt Oversight Committee, Kucinich, as a senior member of Congress, investigated the subprime meltdown (see you tube videos), grilling Wall Street titans. Michael Hudson […]
The post Dennis Kucinich and Michael Hudson on the Anatomy of Bank Failures appeared first on scheerpost.com.
This week, the House Select Committee on Workforce Australia Employment Services held one of its public hearings. During the opening remarks, the Committee chair, Julian Hill remarked that he had asked the Department of Employment what a good service model looks like, and they couldn’t answer. He said they looked like a bunch of “well-paid, Continue reading »
A couple of decades ago the phrase international best practice seemed to be on the lips of just about every business leader, business and economics journalists and the odd politician. In fact, much of it was a justification for various overseas study tours and traditional employer attempts to reduce wages and worsen working conditions. It Continue reading »