Category Archives: History
Things that happened more than 12 months ago.
You really need to see this on a really big screen.
The word “dysgenic” was first used, as an adjective, about 1915, by David Starr Jordan, describing the dysgenic effect of World war I. Jordan believed that healthy men were as likely to die in modern warfare as anyone else, and that war killed only the physically healthy men of the populace whilst preserving the disabled at home. Stolen straight from Wikipedia.
In essence war weakens a society immediately and for generations to come.
So an entirely plausible chart showing causes and effects of various social institutions and political themes leading to a feedback loop between banks and those pushing progressive (politically correct) culture. Was this actually planned this way of was it an accidental consequence of different groups lust for power at all costs? Either way it is a very interesting analysis of some very big issues. There is the further prong to the assault of attacking logical reasoning also, to prevent people from comprehending what is actually going on.
One can almost image it as a power point presentation being displayed somewhere quite vile.
Self-reporting to authorities of suspected foreign bribery and corruption by Australian companies is failing to occur, with top accounting firm Deloitte revealing it has investigated at least 100 potentially illegal acts involving local firms in the past two years.
It is understood that only a handful of those companies have reported to police their suspicions that their own staff have engaged in foreign bribery or other criminal conduct.
The revelations are likely to strengthen calls from the federal police to reform Australia’s anti-bribery regime to encourage companies to disclose suspected corruption.
Deloitte senior partner Frank O’Toole said the upcoming Senate committee on foreign bribery by Australian companies should call for major changes to the nation’s anti-bribery laws.
His comments come with the release by Deloitte of a survey of more than 250 senior executives from top Australian and New Zealand companies and public sector organisations.
The survey, released exclusively to Fairfax Media, found that one-third of all companies operating in high-risk offshore destinations, including Asia, Africa and the Middle East, had uncovered a suspected bribery or corruption incident over the last five years.
Almost a quarter of all executives surveyed said their firm had, during that same period, confronted corruption involving a staff member or contractor inside Australia.
The Australian Federal Police recently told a Senate inquiry it had more than a dozen active foreign bribery investigations.
Mr O’Toole said another alarming finding from the Deloitte survey related to the failure of many firms to have an adequate anti-corruption regime to detect and prevent graft in their overseas operations.
Forty per cent of executives interviewed from firms with an offshore operation “don’t have (or don’t know if they have) a formal compliance program in place to manage corruption risk”.
“We haven’t seen any tangible decrease in levels of corruption in recent years, or any major shifts in attitudes towards it, especially in offshore jurisdictions,” Mr O’Toole said.
He said the findings highlighted the ongoing problems with the way Australia tackled white collar crime.
“We have heard a lot from the federal police about how they have ramped up their investigations of foreign bribery and that is no doubt true. But they are coming off a low base and there is still only two still unresolved prosecutions in the 15 years since foreign bribery laws were passed in Australia.”
The AFP is preparing to charge several executives and companies in the coming months with foreign bribery offences.
Senior federal police have previously called for companies to be given incentives to co-operate with authorities, including a commitment to have self-disclosure recognised during sentencing.
In the United States, which has one of the more successful anti-foreign bribery regimes in the world, disclosure by companies or whistleblowers is encouraged through a series of incentives.
These include financial rewards for tip-offs and negotiated settlements with companies that co-operate with investigators.
The Senate committee inquiry into foreign bribery will start later this year.
It was established after Labor senator Sam Dastyari told Parliament he had evidence that major Australian firms had engaged in corrupt practices overseas.
Mr Dastyari was also critical of the failure of the Australian Securities and Investments Commission and the AFP to effectively combat the problem.
Former federal court judge Roger Gyles, who was recently appointed by the Abbott government to review the nation’s terrorism laws and who also chairs the local branch of corruption watchdog Transparency International, recently told Fairfax Media that Australia’s foreign bribery laws needed to be overhauled.
Mr Gyles said the key change was moving the burden of proof from prosecutors to those who have been shown to have made payments to foreign officials.
If the company cannot show a payment is legitimate, then a case may be proven, he said.
SBS2 Six-part series premieres 8.30pm,Tuesday 24 March 2015
Want to find out more about the poisonous narcissistic losers that ruined occupy and their inner doublethink?
I’m pretty sure one of these hipster losers swanked his way around OM mentally masturbating himself off in front of all and sundry actually had the gall to get on the show. Fucking hilarious!
Many people wonder if occupy might have been more successful were it not for these self obsessed children. I’m not one to encourage people to watch television in general, but this might be interesting.
It should be in this link from tomorrow.
ABC 4 corners investigation has uncovered the amoral gamification of government contracts purported to offer job seeker assistance.
This video may not be available after march 9 2015 so get in fast.
Forging and falsifying documents seemed to be industry standard practice.
Specific rorts uncovered were:
Categorizing people into more at risk categories in order to get more funding.
Claiming payments for assisting job seekers into work even when the job seeker was not assisted.
Funneling job seekers into in-house training courses order to claim a training payment, often the training was low quality, inappropriate or never actually provided.
What is more shocking was successive governments were aware of the widespread fraud and waste but did nothing to punish the fraudsters.
So a total of 18 billion dollars was spent on this program, conservative estimates are that about half was fraud by the contracted agencies.
18 billion dollars spent over a 16 year period is a lot of money, what else could be done with such a sum.
In November 1960 President Kennedy was elected and quite quickly promised to have a man on the moon before 1970.
In the period of 1961 and 1969, 34 billion dollars was spend on getting man on the moon.
So effectively we could have had half a moon landing for the price of the wacky ideologically driven ‘be mean to the battlers’ program.
So who is behind all of this, who else Tony Abbott,
Minister for employment when the program was announced,
under John Howard.
With recent scandals such as #Gamergate, censorship, moderation bias and the infestation of SJW moderators, The diehard politically incorrect /pol/ users (AKA Polacks) have largely left 4chan and have set up their HQ in the rather new 8chan, also called infinitychan.
8chan was designed to look much like /pol/ did on 4chan and its is just as politically incorrect as ever. Its not a place for the weak of heart, stomach, or nerves.
Have you blood pressure medication in standby, along with you butt hurt cream if you dare visit 8chan/pol/ . You’ll read some interesting discussions which you will be able to take part in anonymously* (what passes for anonymously these days at least), you also read some complete crap and some really offensive things. You’ll read things there some people won’t wont you to read, and one of those people may be you.
It’s called freedom of speech,
and it also includes the freedom to be offended,
and offend others.
If the following video offends you, 8chan/pol/ may not be the right place for you.
I’m sure there are a few people other there really not sure what the sub prime crisis was, or what caused it to occur.
How did so many supposedly smart financiers and bankers get sucked into it, or where they knowing and willing participants, feeling that they were not going to be held liable.
I must admit if you use the language of the accountants, lawyers, banker and government its really hard to decipher what actually happened and who was at fault.
What you do know is you got shafted but you aren’t exactly sure how this happened.
Help is at hand.
Here is a really good common sense explanation of what happened using a small pub as an example. This analogy is approved my our economics adviser as ‘more or less what happened’.
Mary is the proprietor of a bar in Dublin. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar.
To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).
Word gets around about Mary’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Mary’s bar. Soon she has the largest sales volume for any bar in Dublin.
By providing her customers freedom from immediate payment demands, Mary gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Mary’s gross sales volume increases massively. A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Mary’s borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.
At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS, ALKIBONDS and PUKEBONDS. These securities are then bundled and traded on international security markets. Naive investors don’t really understand that the securities being sold to them as AAA secured bonds are really the debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb, and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.
One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Mary’s bar. He so informs Mary.
Mary then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts. Since Mary cannot fulfill her loan obligations she is forced into bankruptcy. The bar closes and the eleven employees lose their jobs.
Overnight, DRINKBONDS, ALKIBONDS and PUKEBONDS drop in price by 90%. The collapsed bond asset value destroys the banks’ liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.
The suppliers of Mary’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the various BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds. Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.
Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multi-billion euro no-strings attached cash infusion from their cronies in Government. The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Mary’s bar.
Now, do you understand economics in 2015?
<Original source with sharing buttons on page.>
Worst of all this could still happen to other parts of the economy, including the monetary system, your cash in hand could suddenly become as worthless as a 2006 sub prime CDO.
Shout out to M V.
You have to say it the Queensland voter really knows how to about face. In dramatic fashion Campbell Newman is tossed out of State parliament losing his seat, his party has lost majority and ALP are mustering up their last votes and confirmed seats looking to rule in their own right. Of course this comes in a week where significant bad press beginning to stick to another prominent liberal party politician, ‘Prime Minister’ Tony Abbott. So the backlash begins, and soon enough the Marxists will be wafting smelling salts under Stalin’s nose as we need a strong man to make a ‘road to serfdom’ work for us.
Malcolm Turnbull and Mal Brough are names being bandied around as possible replacements for Tony Abbott, who ironically made much capital of the Rudd-Gillard-Rudd (again) leaderships merry go round.
Tony Abbott will be gone in less than 60 days, the real bets are on who to replace him and how to make it more appealing to a voter base in backlash mode.
It sounds like a good idea, lets all be friends on an equal footing all with the same rights. Certainly sounds fair, but we all didn’t get here at about the same time, by the same means , or in the same circumstances. Some of us have root going back thousands of years to the dawn of civilization, some just got off a gunboat 8 generations ago and acted like it too.
Think of it like this:
You are having a family party at your home, rather quiet, just the family.Then all of a sudden hundreds of people burst through the front door and literally start going mad, they tear up the garden and start selling your possessions and even start selling tickets to even more people that start coming. You keep telling them to all leave and that the house is yours and you didn’t invite any of them and they have no permission to be there. every time you complain the gatecrashers say you don’t have a ticket so what you say doesn’t matter. The people selling the tickets realize your complaints are hurting ticket sales so they offer you tickets for free just to shut you up. The ticket is red and has a big white R on it. Do you accept the ticket? Do you realize accepting the ticket will really hurt you chances of a damages law suit against the gate crashers
Yes that’s right by accepting the R ticket you will be agreeing that you are just another gatecrasher and have so land-rights or any special historical connection to the land.
Yes it is a racist rights and real estate robbery, its signing up to be robbed.
Come on, lets be smart, if Tony Abbott really wants this it has to be bad for us, that logic works 9 time out of 10 regardless of what the topic is.
Get a treaty not a second class citizenship.
While trying to make the case that Gough Whitlam’s policy success are thanks to the Greens, (which did not exist at the time and Whitlam was never a member of) The greens have produce this rather shameful poster.
This really speaks volumes about the Greens, totally opportunistic, with gutter level morality and absolutely no sense of tact.
In this spirit of this shameful act on the memory of a man dead but not even buried yet, we put the shoe on the other fott and give to the greens another great progressive, Joe Hockey.
Most interestingly during the media frenzy around the passing of Whitlam there has been little mention of the constitutional crisis at the time of his sacking, because that would bring up the fact Australia has a constitution, and people might actually start asking questions about the limits of governmental powers it imposes. Fortunately the Greens will never attempt to claim credit for our work.