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Sunday, 15 July

15:14

Matika Little // Queer, Female and Aboriginal: Surviving And Thriving As A Minority "IndyWatch Feed National"

pedestrian.tv // Queer, Female and Aboriginal: Surviving And Thriving As A Minority: Growing up in regional New South Wales, finding other queer people much less Indigenous queer people felt almost impossible. I didnt look like the stereotype of either community. I have pale skin, blue eyes and brown hair so I definitely didnt look like representations of Aboriginal women I saw in the media. As for the queer community, all I had to look up to was a dancing Ellen DeGeneres on daytime TV. While I loved Ellen, I was again faced with no true representation. I was an outcast in my own community at times those who I had hoped would be educated about Indigenous Australians or queer-identifying people consistently let me down, deepening my feelings of isolation and loneliness.

14:01

Future Of Media: Every Time You Share A Daily Mail Story, An Independent Journalist Somewhere Dies "IndyWatch Feed Enviro.au"

Over the weekend, New Matilda editor Chris Graham spoke on a panel at the Adelaide Festival of Ideas with Amanda Pepe (from the Adelaide Review) and Professor Peter Fray, Co-director of the Centre for Media Transition, University of Technology Sydney. The topic was Future of Media, and specifically asked these questions: Given the 24/7 news cycle and even faster social media platforms, how can we control information? Is this development the ultimate democratisation of what used to be strictly-controlled offerings of the powerful few? Whos making sure were not being duped? Below is a speech Chris Graham prepared, but never delivered (the group just chatted instead).

One of the key questions in todays discussion is given our new, fast-paced media world, how can we control information?

I think the short answer is we cant. And to be honest, I dont think we really should anyway. I think government believes its job is to control information, and I can see some cases where thats obviously necessary national security, commercial in confidence etc etc. But in this day and age I think theres a lot of overreach by government in the control of information. The current prosecution of Witness K in the East Timor oil and gas scandal is a disgraceful, outrageous example of that.

I think traditional media has also felt a strong desire to and indeed has a long history of controlling information. I think theres a lot of overreach in that area as well. Ill give you an example.

Tomorrow, Im getting on a plane to fly to Italy. From there I board a boat in Sicily to sail to Gaza, in Palestine. Im there to report on the Freedom Flotilla Coalition, an international group (with representation in Australia) which, every year or so, organizes a few boats from across the world to try and break the Israeli imposed naval blockade on Gaza.

Now, wherever your politics reside on the question of Israel and Palestine, its undeniably a news story. Its undeniably information in the public interest. In the past, Australian media coverage has either tended to ignore the Flotillas entirely, or tended towards mockery and criticism. And yet, its basically universally accepted save for a few countries that Israels blockade of Gaza is illegal under international law. The Human Rights Council of the United Nations says it is, for example.

Gaza is the worlds largest outdoor prison a jail to almost 2 million people. And yet most of the time, we only see it in the news when Israel is slaughtering people. And even then our media strives for balance as though theres a balanced way to report the deaths of hundreds, sometimes thousands of unarmed Palestinians at the hands of one of the worlds most powerful armies.

Ironically, the only way I can see Australian media taking an interest in....

09:49

21 Inspirational Distributive Property Practice Worksheet Collection "IndyWatch Feed Enviro.au"

identity property multiplication worksheets desiaustralia kindergarten identity property addition worksheets worksheets for printable subtraction worksheets for worksheets for all properties of multiplication math sorting activity identity zero chemistry word equations worksheet answers worksheets for all distributive properties parenthesis worksheets for all simplifying expressions using...

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Saturday, 14 July

19:15

Most of Victoria getting under construction "IndyWatch Feed Economics.au"

Jumpin' jackhammers

Don't normally deal in hyberbole on this blog, but gee whizz this header isn't too far off the truth.

When the latest engineering construction figures were released last month they showed a huge ramp up in work yet to be done in Victoria, as a volley of transport and infrastructure projects underway saw the engineering pipeline explode nearly $10 billion higher, to sit at by far the highest ever figure. 

In a recent report on the end of the construction boom, I also noted that of the capital cities only Melbourne presently has the dynamics to sustain an elevated rate of apartment construction, supported by extraordinary population growth

An unprecedented surge in attached dwelling approvals October and November 2017 had become commencements by the first quarter of 2018, as the number of dwellings under construction continued to rise statewide.

Commercial building work in the pipeline is booming, too, doubling in only the past couple of years to more than $8 billion.

The net result is a wild and synchronised upswing in the total pipeline, with the best part of $38 billion of work yet to be done, also a near-doubling in only the past couple of years. 


Nationally construction activity may be set to fall, but clearly this won't happen any time soon in Victoria.

In fact, looking at this chart Melbourne may even experience the opposite problem, being a constraint on capacity!

Residential construction in particular is known to have a strong multiplier effect, so it's qu...

17:17

Hillsong Founder the pedophile Frank Houston and boy victim WNZ1, the first known Wellington New Zealand boy victim "IndyWatch Feed National"

Brian Houston: I'm sorry the victims feel sad, very hurt and alone. I'll remember them in my prayers. Sorry I can't help the victims more.

Pastor Brian Houston the head of Hillsong Global Church. Heartless. Refuses to help the boy sexual  abuse victims of his father Pastor Frank Houston the founder of Hillsong Global Church in any way. Hid and sheltered his secret lifelong pedophile father Frank Houston for five years from 1999 to 2004 from the NSW Police and in doing this deprived the boy victims of Justice. Facing looming pedophile protection charges  Brian Houston: Im sorry the victims feel sad, very hurt and alone. Ill remember them in my prayers. Sorry I cant help the victims more.

16:00

The Weekend Quiz July 14-15, 2018 answers and discussion "IndyWatch Feed Economics.au"

Here are the answers with discussion for this Weekends Quiz. The information provided should help you work out why you missed a question or three! If you havent already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of modern monetary theory (MMT) and its application to macroeconomic thinking. Comments as usual welcome, especially if I have made an error.

Question 1:

The value of money inevitably declines if the money supply rises.

The answer is False.

While the statement is mostly false there are situations (rare) where it could be true. But as a blanket statement it is false.

The question requires you to understand: (a) the difference between bank reserves and the money supply; and (b) the Quantity Theory of Money.

The mainstream macroeconomics text book argument that increasing the money supply will cause inflation is based on the Quatity Theory of Money. First, expanding bank reserves will put more base money into the economy but not increase the aggregates that drive the alleged causality in the Quantity Theory of Money that is, the various estimates of the money supply.

Second, even if the money supply is increasing, the economy may still adjust to that via output and income increases up to full capacity. Over time, as investment expands the productive capacity of the economy, aggregate demand growth can support the utilisation of that increased capacity without there being inflation.

In this situation, an increasing money supply (which is really not a very useful aggregate at all) which signals expanding credit will not be inflationary.

So if nominal demand kept increasing beyond the capacity of the real economy to absorb it via increased production then the result will be inflation and the value of the dollar would start to decline.

The Quantity Theory of Money which in symbols is MV = PQ but means that the money stock times the turnover per period (V) is equal to the price level (P) times real output (Q). The mainstream assume that V is fixed (despite empirically it moving all over the place) and Q is always at full employment as a result of market adjustments.

In applying this theory the mainstream deny the existence of unemployment. The more reasonable mainstream economists admit that short-run deviations in the predictions of the Quantity Theory of Money can occur but in the long-run all the frictions causing unemployment will disappear and the theory will apply.

In general, the Monetarists (the most recent group to revive the Quantity Theory of Money)...

13:03

Taxpayers pay up for Kimba and Hawker residents to be nuclear-educated at Lucas Heights "IndyWatch Feed Enviro.au"

$350k of flights to get nuclear reactions 
Taxpayers have coughed up nearly $350,000 to fly 225 Kimba and Hawker residents to Sydney to learn about nuclear waste, new figures reveal(subscribers only)
https://www.adelaidenow.com.au/news/south-australia/federal-government-flies-225-country-residents-to-sydney-to-learn-about-nuclear-waste-ahead-of-august-20-ballot/news-story/432c509816a37f2918c6b7dd7ac85d9c

Nuclear waste debate soars to nearly $350,000 in tax-payer funded trips   the Australian (subscribers only)

Friday, 13 July

21:39

Advancing responsible radioactive waste management in Australia. "IndyWatch Feed Enviro.au"

Australian Conservation Foundation (ACF Briefing note: March 2018

Overview:

Radioactive waste management in Australia has been a contested, divisive and ultimately non-productive area of public policy for decades. The timing and circumstances are now conducive for adopting a revised approach that is more likely to advance responsible national radioactive waste management and agreed and lasting outcomes.

This approach to responsible radioactive waste management in Australia is founded on not imposing any federal facility on an unwilling community, acting in a manner consistent with both existing state and territory laws and leading international industry practise and ensuring high standards of extended federal interim storage at the two secured sites where the majority of the waste is sited pending an inclusive and robust examination of the range of long term future management options.

Scale and current context:

Australia holds around 4250 cubic metres of low level radioactive waste and 655 cubic metres of longlived intermediate level waste. Around 95% of this material is currently stored at two secured Federal sites. Nearly all of Australias intermediate level waste is held where it was created at the Australian Nuclear Science and Technology Organisations (ANSTO) Lucas Heights nuclear reactor facility in southern Sydney. This material is Australias highest level radioactive waste and is the most significant management challenge. Most of the low-level waste is at the Defence Departments Woomera site in South Australia.

The National Radioactive Waste Management Project:

The current preferred federal plan involves the emplacement and covering of containerised low-level radioactive wastes and...

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