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Turnbull fans race debate

Why is Malcolm Turnbull attacking a group that represents 0.08 per cent of the Australian population? On Monday, Turnbull blamed the Andrews Labor government for the alleged gang violence and lawlessness of members of the Sudanese community Rupert Murdoch’s News Corp is also leading the charge. For one reason and one reason only: there’s an…

Far right and criminals drive Bitcoin’s value

Bitcoin has had a bad start to the year by tumbling, extending its slide from a record $19,511 reached on Dec. 18 to $13,440 as of 3:55 p.m. in New York, down 6.1 percent from Friday, according to data compiled by Bloomberg. Bitcoin has drawn investors keen to make a buck, not realising that its…

Turnbull and the needy

So Malcolm Turnbull today put in a publically ostentatious display today of looking after the needy by joining 1000 of Sydney’s lonely and homeless at the Wayside chapel on Christmas Day. This is so heart warming. Coming after his government’s robo-debt scandal with Centrelink slugging Australians with demands to pay back tens of thousands of…

Bitcoin drives climate change

Bitcoin is having a massive impact on the future of this planet. It’s shaping up as an environmental disaster with a carbon footprint as big as New Zealand’s, and it’s growing. A year ago, Bitcoin was worth less than a thousand dollars per coin. It climbed to over $5000 per coin by mid-October. Today the…

What to expect now that Michael Flynn has pleaded guilty

So former United States national security adviser Michael Flynn has pleaded guilty to lying to the FBI in the federal investigation into Russia’s alleged interference in the 2016 presidential election. The big worry for Trump is that Flynn has agreed to cooperate with the ongoing investigation into alleged Russian meddling in the election, led by…

Bitcoin – another Tulip boom

Much has been made of Bitcoing surging past $11,000 Bitcoin has risen tenfold in value so far this year, the largest gain of all asset classes. Everyone from Wall Street executives to venture capitalists have been weighing in with their forecasts. Some are sceptical and some are tipping Bitcoin will “go to the moon”. CME…

The irony of the link between citizenship, refugees and indigenous affairs

There is a delicious irony about the High Court’s ruling on the so-called Citizenship Seven which has ruled certain parliamentarians are ineligible to sit throwing the Australian government into turmoil. The gate-keeping around Section 44 of the Constitution is critical for a country founded in 1788 on the fiction that it was once a “terra…

Trump vow to declassify Kennedy files is a distraction

So President Donald Trump has tweeted that he will declassify the long-awaited files into the assassination of President John Kennedy in 1963. Of course its bullshit. Trump is trying to make out that it’s his decision when the long-secret files are scheduled to be released by the National Archives next week as the 25-year deadline set by…

What’s ahead for the Minerals Council of Australia?

There’s no doubting the power of the Minerals Council of Australia. Bankrolled by mining giants like BHP, Rio and Swiss-owned coal giant Glencore it will launch campaigns and destroy politician that don’t fit in with its agenda. Witness the way it got rid sitting Prime Minister, Kevin Rudd, from office with its $22 million advertising blitz…