Blogotariat

Villains often have the best tunes. In some cases, they also have the best evidence. The tendency in the latter is to suppress or distort that evidence if it is contrary to their interests. Exxon, now ExxonMobil, the world’s largest oil and gas company, has revealed, much like tobacco companies of the past, that excellent…

The post ExxonMobil, Suppressing Science and Climate Change appeared first on The AIM Network.

House Speaker Kevin McCarthy (R-CA) told reporters Thursday that he intends to release all the security footage from the January 6 Capitol riots.

“I want to be very thoughtful about it, but yes, I’m engaged to do that,” McCarthy told reporters when asked whether he would release footage from that day.

In 2021 Democratic Party progressives asked those members of Congress who claimed to share their political priorities to stand up to their leadership, which meant standing up for the people. 

Those progressives knew that President Joe Biden promised to veto any legislation providing free, universal healthcare, known as Medicare for All. But they did what any political activist should do. They made the demand anyway. 

Our Constitution is the: “Commonwealth of Australia founding document. After many years of debate and drafting, it was passed by the British Parliament and given royal assent (approval by the Queen) in July 1900. Australia’s 6 British colonies became one nation on 1 January 1901.” Australians are sticklers for tradition when it comes to our…

The post Ideas for a better democracy appeared first on The AIM Network.

Controversial Cardinal George Pell wrote an anonymous memo criticising the Pope's leadership as a "catastrophe", says the journalist who released it.

Another mixed session on Asian stock markets to finish the trading week with Chinese shares lifting on strong trade figures while Japanese shares are in retreat as the bond market implodes. Meanwhile other stocks are lifting in response to the good response on Wall Street overnight to the declining US inflation situation, with the USD

The post Macro Afternoon appeared first on MacroBusiness.

By Denis Bright   Will we all continue to live with those dark AUKUS nuclear submarines? The Christmas edition of The Australian (24-25 December 2022) released a quote from the head of Australia’s nuclear task force Vice Admiral Jonathan Mead. It described the AUKUS submarines as the gold standard of our new security blanket. Spies worldwide…

The post Living With Our Expensive AUKUS Nuclear Submarines appeared first on The AIM Network.

The Treasury will release a report today applauding solid intergenerational income mobility – aka the progress of incomes dependent on your economic background – and its fascinating how the mainstream press put their spin on it. The Guardian is dour: Children born into Australia’s poorest households will have little more than a 10% chance of becoming top

The post Is the “Fair Go” over in Australia? appeared first on MacroBusiness.

It is an idea gathering some fans. Goldman is pushing it as part of its soft landing scenario for the US. TSLombard is mulling it today as well. Not my base case, still, the further the reflation rally gets, the more it comes into focus. If we had to summarize 2022 in one word, “stagflation”

The post Can stronger wages support a soft landing? appeared first on MacroBusiness.

Goldman’s latest FCI’s and CAI’s paint a still gloomy picture for the global economy. Global financial conditions are tightish: Big loosening in the US on falling DXY and bear market rallies: But not for Europe: DM growth sliding away: Led by US, Europe and Japan. EMs better:   Straya tightening one of the harshest in

The post Global liquidity tight, activity falling appeared first on MacroBusiness.