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Is this good news? Apparently making money is something Goldman Sachs does best but “making money” is a term that suggests magic, wave a wand and bingo there’s money! Goldman Sachs and the like are the top of the food capitalist food chain. The money they “make” comes at the cost of greater inequity and perversely, [...]  Today’s story by Michelle Grattan shows us another aspect of “new” Labor, getting everybody back to work particularly those bludgers on disability welfare. It is all the more disturbing that this message was delivered in person by Ms Gillard to the esteemed audience of the Sydney Institute. There are clearly two messages, one to be [...] Of course the Fukushima plant was designed by experts with earthquakes in mind but the prospect of a nuclear plant out of control and with no water is hardly likely to be scenario they envisaged. Over at The Reg comforting reassurance is in abundant supply but the issue is nonetheless fairly critical (no pun intended) [...] The government is doing the opposite, distorting energy markets and shielding decisions on use from rising prices. Given the doubts about government’s ability to manage an emissions scheme, here’s a simpler, more transparent solution. Scrap all the de facto subsidies for fossil fuels, slash the budget deficit by $12 billion a year and watch the [...] How does one get to be one of five most admired chief executive officers? In Mr Ian Smith’s case you head up a successful media campaign that stops government plans to impose an extra tax on the mining industry. Ian is now the chief executive officer of a goldmining company. The bald faced hypocrisy of the [...] "If they distributed all the billions of dollars that Mubarak stole and distributed it to the 80 million Egyptians, it would be enough," said one of the protesters, Safat Mohamed Guda, 52, a widow with five children. The IMF list of national per capita income on Wikipedia shows that Egyptians on average are well below the [...] A $10bn price tag is now hanging around the neck of Twitter, the loss-making five-year-old microblogging site that is being heralded as either a superstar of a new era of communication or the frothiest example yet of a new dotcom bubble. But wait there’s more… Facebook is worth $60bn! And Zuckerberg recently joined Warren Buffet and Bill [...] Consider… The attacks did no long-term damage and in most cases only lasted a few hours. But legitimate would-be users were unable to contact the sites while the attacks were under way. and this The statement said that attacks, known as distributed denial of service attacks…violate US law and are punishable by a prison sentence of 10 years. Something [...] what Australians are being asked to do by their own government is to adhere to a closed format and pay an American company for the privilege of doing so. via iTWire – OOXML kerfuffle similar to that of 2007. With environmental disasters flooding the news space warnings like these are unlikely to find many readers. However the headline of US/UK insolvency is ultimately less significant than the underlying messages about the trends of current developments. One of the world’s most pressing concerns is income inequality, the forum said …”The benefits of globalisation seem disproportionately [...] |
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