Record-breaking US military budget. Record Breaking Aussie one is in step
America spends x 4 as China and more than all the other top 10 nations combined on arms and breaks records on money spent. China hasn't increased its arms budget in 2023 yet our media screams that they are "escalating"! What's the Scam? The Americans have a military presence in 150 countries and are yelling "look at China!
as many times as federal officials repeat that they’re not bailing anyone out, it still won’t be true. Are there differences between these bailouts and those during the 2008 crisis? Certainly. But none of those differences change the fact that depositors with more than $250,000 are being bailed out.
Source: It’s Still a Bank Bailout, Even If You Don’t Want to Call It One
Eleven years ago I gave the speech below. I was then pessimistic about our understanding of Asia. The situation has got markedly worse since then, writ large in the unremitting attacks on China stemming from ignorance and parochialism, particularly in our White Man’s Media.
Source: The Australian retreat from Asia is becoming a rout – Pearls and Irritations
Since its release on February 28, the media has focused on the two most expensive areas: superannuation and housing. The report showed such concessions flow overwhelmingly to those in the highest income brackets. And with bursting super accounts in Labor’s firing line, they have understandably hogged the limelight.
Tax deductions are mostly a swindle for the rich. Time to do something for the poor
Moldovan police say they have foiled a plot by groups of Russia-backed actors who were specially trained to cause mass unrest during a protest in the capital against the country’s new, pro-Western government.
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