Economic and social problems in country Australia often go unnoticed in the city. It hasn’t been easy in the last few decades and living in small communities and isolated by distance means few alternative options. Continue reading Country banks are closing and leaving people without→
Incredibly, Capo Verde has complied to finish the kidnapping of Venezuelan diplomat Alex Saab to the United States. This does by the politer name of extradition. This is a kidnapping because violates legal norms, is blatantly political, and there is no extradition agreement between the Unites States and Capo Verde. Continue reading Venezuelan diplomat Alex Saab has been kidnapped by the United States→
Brian Wilcox, the chief executive of the national employer association, the Australian Industry Group (AI), wrote the following article (The Guardian 16 October 2021). He puts the case for Australia embracing a carbon neutral policy direction. Whether one believes that the Morrison government is moving in this direction or not, it remains that from the viewpoint of much of Australian business, to not keep up with the pace of other nations will inevitably mean loss of trade and investment, a blow to the economy, and a loss of jobs and income for many. He says that the transition means paying due attention to the mass application of new technologies through the economy, providing suitable incentives, and the involvement of in making this a reality. Brian Wilcox speaks for those he represents within the context of division in the Coalition, and some of what he says may not be in accord with everyone’s views. Nevertheless, he makes good points that should be taken seriously.
Behind Merck’s new Covid-19 pill there is a story about how this pharmaceutical multinational has used its position to make a huge monopoly profit from the Covid-19 outbreak. And this is just one of the giants exploiting sickness on an unprecedented scale. Continue reading Merck uses price gauging to profiteer from the pandemic→
The following explanation by economist, professor, author, lawyer, and political commentator Robert Reich, applies to the situation in the United States; The same can be applied to Australia The only difference is that the amount, will differ, due to a smear economy and population. But it will still be an equivalent to meet similar needs. Taxation reform and on this scale should be part of our conversation.
Wealth tax: $2.75 trillion
Funding the IRS: $1.75 Trillion
Taxing Wall St trades: $777 Billion
Repealing Trump tax cuts: $500 Billion
Raising the top tax rate by 1%: $123 Billion
Eliminating loopholes: $119 Billion Total: $6 Trillion. Nearly double the cost of Joe Biden’s Build Back Better reconciliation bill.
This recent interview explains the collaboration between three investigative journalists into the saga of the United State’s pursuit of Julian Assange and how far the CIA and Mike Pompeo were prepared to go to get their man.
The Morrison government’s decision to start withdrawing emergency support is a kick in the teeth for those who find themselves out of work because of Covid. Contrast this with the generous loan facility to be set up for mining projects, and protection against loss from real estate promised to banks, and other lending institutions. This comes on top of generous handouts already given to mates. Continue reading COVID payments to end and this will hurt Australia→