CoronaRorts: rescue measures a free kick or fee kick for the banks?
Aren't
the banks lovely to let their home loan customers take a six-month break from mortgage repayments! Only one catch ... they are charging compound interest; interest on their interest. Michael West reports on the hardship of the banks versus the hardship of their...
The Power of Fear - Stephen Lendman
Fear is an instrument of social control and depression time and again, terrified people bow to the will of their ruling authorities even when harming their own rights and well-being. The philosopher Seneca once said that “(t)here are more things…likely to frighten us than there are to crush us. We suffer more often in imagination than in reality.”Edmund Burke explained that “(n)o passion so effectually robs the mind of all its powers of acting and reasoning as fear.”According to HL Mencken, “(t)he whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, most of them imaginary.”America’s second president John Adams said “(f)ear is the foundation of most governments.
”As during the 2008-09 financial crisis, it’s also about favoured businesses consolidating to greater power and influence by acquiring failing enterprises at fire-sale prices. Most importantly, what’s going on is a slippery slope toward full-blown tyranny by compromising and eliminating human and civil rights on the phony pretext of protecting the general welfare. Time and again we’re lied to by our ruling authorities — notably during manufactured crises like 9/11 and now.
Virgin Australia asks government for $1.4b loan to help it survive
This is Virgin asking the Government to become a shareholder unlike Nationalisation Virgin is trying to sell itself take the money and run leaving the government with their bad debt. Nationalisation is when a government takes over the Airline rearranges the Executive wages and shareholder dividends at the true written down book value. Not the value requested by the Airline. Sounds more like a sales scam by aboard dead in the water and desperate.(ODT)
The
government could convert the loan to an ownership stake in Australia’s
second largest airline if not repaid in two to three years, according to
a well-placed source
FAKE NEWS
When Andrew Bolt yells back "it's maybe only the flu get out, work" he's promoting activities directly counter to what the governments have now made law. Isn't he actively endangering Australian lives? Surely he should be taken off air prosecuted or his advertisers simply stop supporting him. He's an effective danger to Australia (ODT)
ONLY THE ABC COULD SAY THE ECONOMY DOESN'T COUNT IN THIS CRISIS
This is the economics editor of a state-funded ABC that will not lose a single job from the shutdowns: "People around the world are dying alone Stop talking about the economy. We live in a community not an economy... And learn a lesson from Italy Choose love over hate." There are actually two things wrong in that tweet, apart from the punctuation.Risk; Andrew Bolt seems to believe that he knows more than the medical experts and virologists who clearly say we don't know enough about COVID-19 yet, but Bolt claims he does, Yet he offers no coherent evidence for his certainty. Bolt claims all we need to do is a) test as many people as possible b) separate the vulnerable for their protection and c) leaving us to treat those few infected. The fact that experts at every stage of Bolt's simplistic logistic plan say it's not feasible and every location different doesn't bother him, why? Simply because his childlike wants and demands come from a mind living down the rabbit hole.
The lack of knowledge makes Bolt's proposition of herd immunity unfeasible. Would Bolt encourage his own family, not to social-distance risking themselves the those they come in contact with? All on Bolt's negligent flip of a coin? Whose supports? He doesn't say. Is it his friends at the IPA? Is it the Dutch who don't seem to be succeeding in their efforts? It's certainly not the USA other than the Murdochian office. Even Trump has given up dropping bans and returning to normal. Bolt's only support is from those who believe in Mussolini's Corporate Fascist State and the Oligarchs who believe when they say jump everyone in the State asks how high? Particularly the productive engine of the economy, labour. The rest merely being unimportant dross incidentals in the greater scheme of things, profit.(ODT)
VIRUS SPREAD IS SLOWEST YET
The spread of the coronavirus is slowing to a crawl: "As at
6:30am on 31 March 2020, there have been 4,359 confirmed cases of
COVID-19 in Australia. There have been 266 new cases since 6:30am
yesterday." That is a record low growth rate of just 6.6 per cent,
compared to our high of 35 per cent.
STUDY: VIRUS DEATH RATE MAY BE NO WORSE THAN FLU
A Stanford University study suggests the real death rate from the coronavirus may be no worse than the flu. I talk to Professor
Jay Bhattacharya. UPDATE: More reason to question the claimed death
rate: "Scientists [said] possibly two-thirds of deaths... have been from
people who would have died of their underlying conditions."
VIRUS GROWTH SLOWS, FEWER SICK IN VICTORIA: NOW TO PULL BACK ON CRIPPLING BANS
The virus spread has slowed fast. Victoria recorded its first drop in people sick now. Doubts grow about the virus's lethality.
Meanwhile, the economic devastation will destroy families and cripple our future. Now to start a switch: to quarantining the sick, protecting the old and letting the rest go back to work. My editorial from The Bolt
Report.
NASTY VIRUS: ABC HOST WISHES TRUMP DEAD; MEDIA ACCUSE HIM OF KILLING
Warning! This coronavirus is making some on the Left sick with hatred of Donald Trump. An ABC host hopes the virus infects Donald
Trump, while celebrities accuse Trump of killing people with fish cleaner. I talk to Daisy Cousens. Watch.
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