Blogotariat

Oz Blog News Commentary
Harrangue Man Thursday, May 18, 2017 - 12:20 Source

Tissue in the washI checked every fucking pocket, I swear, every single one. But I missed have missed one because I opened the lids and saw the results. There's the good result where a tissue stays in shape—I found one that went through the wash and dryer and separate into three intact dried sheets on three separate garments—and the bad one where it shreds and pulps through your clothes.It was the bad one. I yelled as I shook the shards free, snowing the laundry with their crud.

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The Australian Independent Media Network Thursday, May 18, 2017 - 12:19 Source

After Peter Costello conducted a fire sale of our assets while stashing away surpluses from the mining boom, he put aside over $60 billion of our money to establish the Future Fund.  This has now grown to $130 billion. We are told the purpose of this fund is to pay for “unfunded Commonwealth superannuation liabilities.”…

The post The broody hen sitting on a huge pile of our money appeared first on The AIM Network.

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Your Democracy Thursday, May 18, 2017 - 12:18 Source

besieged...

Besieged from all sides, the Trump administration appointed former FBI director Robert Mueller as a special counsel to oversee the federal investigation into allegations Russia and Donald Trump's campaign collaborated to influence the 2016 presidential election.

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MacroBusiness Thursday, May 18, 2017 - 12:16 Source

Always amusing when Straya prints one of its rare good numbers and the bulls charge: Solid jobs data sends pessimists scrambling At face value the March jobs data was ‘one out of the box’ – an outlier if you like. But the gain of 60,000 jobs was backed up by additional job gains of more

The post Crag James roars on jobs appeared first on MacroBusiness.

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MacroBusiness Thursday, May 18, 2017 - 12:01 Source

Chinese house prices for April are out and continue to slow albeit slowly with monthly growth of 0.7% and annual of 10.7%: 58 cities saw rising prices and 12 falling: First tier is falling fast back to zero. Second tier is slowing. Third and lower keeping on: Given lower tiers are where the excess supply

The post Chinese house prices continue to slow appeared first on MacroBusiness.

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MacroBusiness Thursday, May 18, 2017 - 11:31 Source

ABS Labour Force for April is out and the news is good: Employment increased 37,400 to 12,099,300. Full-time employment decreased 11,600 to 8,227,400 and part-time employment increased 49,000 to 3,871,900 Unemployment decreased 19,100 to 732,300. The number of unemployed persons looking for full-time work decreased 12,300 to 514,200 and the number of unemployed persons only

The post Jobs rebound strongly appeared first on MacroBusiness.

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Renew Economy Thursday, May 18, 2017 - 11:15 Source

SolarCity’s co-founder and former CEO Lyndon Rive is leaving the company that he helped start to his cousin Elon Musk.

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Renew Economy Thursday, May 18, 2017 - 11:14 Source

Work on regional plans for 100 per cent renewable energy highlight importance of storage to soak up daytime supply, and the need to reduce night-time loads and shift them to the day.

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Renew Economy Thursday, May 18, 2017 - 11:11 Source

Those who advocate for the status quo because of the inertia provided by synchronous generators should be aware that these technologies are far from perfect.

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MacroBusiness Thursday, May 18, 2017 - 11:07 Source

Let it go, Hasan, from Credit Suisse: Markets are set to enter ‘risk-off mode’ in the near-term with the level of political uncertainty in the US continuing to rise. The combination of lower bond yields and a more opaque policy outlook will be positive for the defensive/growth companies which dominate the Aussie Market Darlings. But

The post How’s that “bondcano” treatin’ ya? appeared first on MacroBusiness.

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Renew Economy Thursday, May 18, 2017 - 11:07 Source

Battery storage is set to jump-start the clean energy transition while at the same time disrupting the traditional utility business model.

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MacroBusiness Thursday, May 18, 2017 - 11:02 Source

By Leith van Onselen Former RBA Governor, Bernie Fraser, appeared on ABC’s The Business last night to decry the “populist” 0.06% levy on the big 5 banks’ liabilities, instead calling for a progressive company tax across the board: Bernie Fraser: They’ve picked probably the most popular measure in the Budget to start with and it’s

The post Bernie Fraser slams “populist” bank levy appeared first on MacroBusiness.

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Club Troppo Thursday, May 18, 2017 - 10:58 Source

The Fall of the Labor Share and the Rise of Superstar Firms
by David Autor, David Dorn, Lawrence F. Katz, Christina Patterson, John Van Reenen – #23396 (LS PR)

Abstract:

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Club Troppo Thursday, May 18, 2017 - 10:49 Source

Up from Slavery? African American Intergenerational Economic Mobility Since 1880
by William J. Collins, Marianne H. Wanamaker – #23395 (DAE LS)

Abstract:

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MacroBusiness Thursday, May 18, 2017 - 10:47 Source

Citi says it’s all a storm in teacup:  A report from the New York Times citing a memo alleging that President Trump asked former FBI Director Comey to end an investigation into Russian links has roiled markets. Concerns about Congressional reviews, potential special prosecutors and a deeper inquiry into the allegations could paralyze the

The post Has Trump killed the Trump trade? appeared first on MacroBusiness.

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MacroBusiness Thursday, May 18, 2017 - 10:16 Source

And why not! They’re printing money. From Macquarie: China Steel Survey: Underlying demand continues to support margins  Sentiment among steel and iron ore traders remains negative, although steel mills have seen a slight recovery in their outlook toward the market as steel margins have continued to hold up, and underlying steel demand remains robust,

The post China steel mill sentiment powers on appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, May 18, 2017 - 10:00 Source

By Christian Marx Humanity is an incredibly craven and self interested species. We pollute the atmosphere, go to endless wars for other men`s resources. Rape, murder, bomb children for the banker`s profits. We worship false idols, from celebrity pretenders with no substance to war criminals with the blood of millions on their hands. We celebrate…

The post Why Western civilization is doomed appeared first on The AIM Network.

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MacroBusiness Thursday, May 18, 2017 - 09:54 Source

By Leith van Onselen Statistics NZ has released new projections that New Zealand’s population will rise by 1 million people (+21%) over the next 20-years on the back of strong immigration from Asian nations: New Zealand’s population is projected to increase by about 1 million in the next 20 years, with all major ethnic groups

The post NZ population to surge 1 million on Asian immigration appeared first on MacroBusiness.

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MacroBusiness Thursday, May 18, 2017 - 09:53 Source

RBC says so: Upgrading to Top Pick Our view: Following the recent pullback, Rio Tinto is screening as inexpensive as it’s been over the past 5 years. We believe the market is taking too negative a view on the medium-term iron ore market, and this is obscuring a growing, low cost, high free cash flow

The post Is RIO really a “top pick”? appeared first on MacroBusiness.

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Popular Science Thursday, May 18, 2017 - 08:50 Source

It is incredibly hard to observe an orangutan nursing its baby. Even without dedicated nursing rooms, these already reclusive animals manage to find privacy in trees and at night to nurse their young, making it difficult for biologists to tell how long and how often orangutan mothers breastfeed their offspring.

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Google I/O is the company's annual developers' conference. It's meant for people who work to create things inside the Google infrastructure, but the keynote typically includes a few juicy bits that appeal to the general public. Last year we met Google Home for the first time, and there's no telling what we'll see here in 2017. So, follow along and we'll break down the important developments (get it? developers?).

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Location is everything, for both homeowners and dinosaurs.

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Anyone who's watched Jurassic Park has seen the imagined horrors of what a Tyrannosaurus rex jaw can do. (Love ya, Rexy.)

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Trees were supposed to be the urban jungle's salvation. After all, trees provide sweet, beautiful shade which helps cool the metropolis, a place prone to overheating thanks to a proliferation of surfaces like asphalt and concrete. And by pumping oxygen into the air—the same oxygen humans need to breathe— while also filtering out harmful air pollution, trees were supposed to help the eighty percent of Americans who live in urban areas breathe easy.

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Recently, some hospitals in the United Kingdom were struck with a peculiar attack: computers taken over, data inside encrypted and held ransom, all for the measly payment of just $300. The attack spread rapidly, hitting 150 countries and shutting down everything from telecoms in Spain to the Interior Ministry in Russia. And then, through a stroke of luck, the WanaCryptor attack was stalled in its tracks, a killswitch discovered by happenstance just in time for the weekend. What, exactly are we to make of the largest ransomware attack in history?

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Here's an excerpt from Miracle Cure: The creation of antibiotics and the birth of modern medicine. by William Rosen, about how antibiotics began to save the world...

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Popular Science Thursday, May 18, 2017 - 08:50 Source

A large diet Mountain Dew, a cafe latte, and some kind of energy drink—that's the caffeine cocktail that apparently killed 16-year-old Davis Allan Cripe last month in South Carolina, according to news reports

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Popular Science Thursday, May 18, 2017 - 08:50 Source

Location is everything, for both homeowners and dinosaurs.

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MacroBusiness Thursday, May 18, 2017 - 08:19 Source

By Chris Becker   And so the wheels turn. Markets are having none of the growing turmoil in Washington, selling off risk big overnight with US stocks falling 2% amid signs that Trump may not last a full year in the White House. Treasuries have rallied strongly alongside gold prices, as the USD is sold off

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Thursday, May 18, 2017 - 06:51 Source

only in Amerika ...

Where else in the world would people deliberately elect as their President a man who is an acknowledged racist, sexist, a sexual predator, a homophobe, a xenophobe, a conspiracy theorist, a bully, an imposter, con man and would-be dictator.

This of course raises the obvious question as to why then are people surprised when things go pear-shaped on a daily basis.

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