Friday, March 27, 2020

Debt and Power: An Interview With Micheal Hudson explains how the ancient approach to managing debt is far superior to ours


If the reality gets too much open a book to escape


Future historians will surely see us as having created in the media a Frankenstein monster whom no one knows how to control or direct, and marvel that we should have so meekly subjected ourselves to its destructive and often malign influence.

— Malcolm Muggeridge, born on this date in 1903

  1. Accountants at centre of multi-million-dollar 'dummy director' scam shut down

    An accounting firm at the centre of a massive tax avoidance scheme that exploited homeless and drug addicted people has its registration cancelled in the wake of an ABC investigation.


    Bitcoin And Shares In Art – Is The Idea Dead?

    Two years ago this was a hot idea as a way of expanding the art market. You could own shares in works of art. But then bitcoin value cratered and things have stalled… – The Art Newspaper



    PAUL MALONE.Who’s pushing foreign influence in Australia?



    In seeking to target foreign interference in Australia, the Federal Government has two countries in its sights, but it’s not just the Russians and Chinese who play the interference game. Continue reading 




    JOHN TAN. John Mearsheimer: Foreign policy hawk? Controversial as ever. Part 1 (of 2):



    His theory of offensive realism is the most aggressive of all foreign policy theories. He believes China’s continued rise will likelylead to a muscular contest; and he has enraged the Israel Lobby in Washington. But his story is much more nuanced…Continue reading 


Vuillard sees a poignancy even in the tacky and banal. I still prefer my surrounding stripped-down, but a Vuillard interior is like to an alien and beautiful world. I think of these lines from W.H. Auden’s “Canzone” (1942):



“We are created from and with the world

To suffer with and from it day by day:

Whether we meet in a majestic world

Of solid measurements or a dream world

Of swans and gold, we are required to love

All homeless objects that require a world.”