by leon | Jan 2, 2018 | Blogs
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...
by leon | Dec 25, 2017 | Blogs
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...
by leon | Dec 18, 2017 | Blogs
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...
by leon | Dec 2, 2017 | Blogs
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...
by leon | Nov 30, 2017 | Blogs
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...
by leon | Nov 29, 2017 | Blogs
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...
by leon | Oct 22, 2017 | Blogs
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...
by leon | Oct 7, 2017 | Blogs
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...
by leon | Sep 16, 2017 | Blogs
This week saw the Turnbull government monstering AGL to keep its loss-making power plant open. That’s right, a Liberal government, supposedly the champion of private enterprise, telling a business to keep its unprofitable operations open. That of course followed the...
by leon | Sep 9, 2017 | Blogs
So Irma is now zeroing in on Florida After causing devastation in the Caribbean leaving at least 21 dead and thousands homeless, there are now forecasts that it will have an impact on the US economy. There are forecasts of damages topping $135 billion in Florida. And...