The Game is Rigged.
A short video by Robert Reich lasting just 2 minutes 35 seconds landed in my news feed on Facebook a few days ago. For all I know it may have been around for months, but that’s irrelevant. The message is what is important.
Reich was US Secretary for Labor, from 1993-1997 under the presidency of Bill Clinton and besides now being Chancellor’s Professor of Public Policy at Goldman School of Public Policy at University of California, Berkley, he is also an outspoken political commentator.
Read more at: The Australian Independent Media Network
Is Full Employment also on the Table, Malcolm?
If the Australian government was serious about jobs and growth, the introduction of an ELR here, would be an economic imperative. Yet no such plan exists and none likely. Why is full employment not on the table?
Read more at: The Australian Independent Media Network
Australia: An Impoverished Nation
The year 2015 will likely be remembered as a watershed for the Liberal Party having surrendered what they perceived as the high moral ground of never having dumped a sitting Prime Minister. Sadly though, in terms of mediocre government, that watershed extends further. These so-called “adults” have shown us over the past 12 months that 2014 (as bad as that turned out), was just a rehearsal for 2015.
How to Undermine our Future Well-being
While the Australian economy continues sliding towards recession, the mainstream media seems more interested in focusing its attention on the latest popularity contest between Malcolm Turnbull and Bill Shorten.
Read more at: The Australian Independent media Network
Everybody Loves Malcolm, but…
Remember all that nonsense about debt and deficit disasters, budget emergencies and how the Liberals were the only ones capable of managing the economy? What a waste of space Joe Hockey was as treasurer. What a similar waste Scott Morrison is threatening to be.
Read more at: The Australian Independent media Network
Printing Money
As most of us know, the term ‘printing money’ is a misnomer. Apart from a small percentage of notes and coin, today all money is processed via electronic transfers from the Central Banks to the private banks who in turn credit their respective account holders. Money today is, essentially, just numbers in a computer moved around in millions of transactions every day.
Read more at: The Australian Independent media Network
Morrison’s Approaching Waterloo
It may be early days but Joe Hockey’s second and final attempt to bring down a credible budget appears to be unravelling already. Even on the night of his budget speech in May it was clear that his growth projections were far too optimistic.
Read more at: The Australian Independent Media Network
Abbott another Right Wing Nutter.
There’s nothing quite as pathetic as watching a former Australian prime minister trying to redress a less than stellar political career. That Tony Abbott would use the Margaret Thatcher Lecture to do it, however, seems to fit nicely into his Anglophilic world view.
Read more at: The Australian Independent Media Network
Malcolm Fears neither Debt nor the Conservatives.
Turnbull, it would seem, has decided that he will crash through or crash. To make public his intentions in such flamboyant language is a challenge to those who still cling to the ultra-conservative mindset that would hold the nation back.
Read more at: The Australian Independent Media Network
Morrison’s Dilemma
Selecting individual elements of revenue raising to match a particular expense item is a lazy way to signal target areas where spending cuts might be on the agenda and is, in the overall analysis, quite useless.
Read more at: The Australian Independent Media Network
John Kelly