Search Results: banks

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  • INTERNATIONAL

    Sanders preaches progress, but Clinton embodies it

    • Megan Graham
    • 10 March 2016
    11 Comments

    Even if his views and rhetoric are radical, everything else about Sanders is so within our comfort zones that they become more palatable. It's difficult for any progressive to get into power without aligning with powerful groups, whether they be politics, class, culture or gender-based. And Clinton is already disqualified from a club with arguably the most stubborn membership of all - the 'boys club'. For any feminist, it's hard to view the installation of the first female president as anything but progressive.

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  • ARTS AND CULTURE

    Home, alone and stoned

    • Peta Edmonds
    • 07 March 2016
    7 Comments

    I've run out of dope. This is my last ever toke of synthetic pot, I hope. There's synthetic people, but my heart drops like a coin into a homeless man's hat. The eternal night isn't very maternal. Of all those people sleeping on a concrete mattress under a black sky doona ... The homeless have faces like empty spaces. No solution to their heads in the pollution, and their feet in the gutter. The poor gather on the banks of the flowing street. The rain hits the roof in pain.

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  • ECONOMICS

    Labor's negative gearing heroics alone won't save us

    • David James
    • 25 February 2016
    8 Comments

    It is not often that federal political parties exhibit courage. Labor's decision to change the rules on negative gearing is a rare instance. It targets what is most dangerous and unfair in our financial system. Expect howls of protests from powerful lobby groups if it ever looks like becoming policy. But these changes alone won't be enough to deal with the ills of the financial system. While they are designed to target the bias away from productive investment, they won't remove the attraction towards property.

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  • ENVIRONMENT

    Nuclear waste danger knows no state borders

    • Michele Madigan
    • 09 February 2016
    8 Comments

    The South Australia Royal Commission into the nuclear fuel cycle will give its interim report at the Adelaide Town Hall next Monday. It is likely the Commission will recommend that the South Australian Premier's plan to import international high-level radioactive waste proceed, despite obvious risks and clear dangers. It would be a mistake for anyone living outside of South Australia to think that this is just a South Australian problem. Transport and containment risks are hugely significant.

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  • ECONOMICS

    Consequences loom for global debt binge

    • David James
    • 18 January 2016
    11 Comments

    Low interest rates tend to change the understanding of risk; having high debt seems to be less of a problem because the cost of servicing it is lower. This cavalier attitude has been especially evident in Australian households, which have racked up more debt relative to the size of the economy than any other country in the world. The massive appetite for debt has been replicated across the globe. The world may have survived the era of casino money - just - but it is now facing another crisis.

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  • AUSTRALIA

    Are corrupt bankers terrorists?

    • Justin Glyn
    • 13 December 2015
    4 Comments

    There is a new proposal from Prime Minister Malcolm Turnbull that those convicted of terrorism offences are to be remanded in jail even after they finish serving their sentences. Given that the pressing of terrorism charges has already proven to be a highly subjective practice, there is good reason to fear that any new powers to detain people beyond the expiration of their sentences for terrorism offences will, like the offences themselves, be applied in a politically selective manner.

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  • ARTS AND CULTURE

    Eviction porn has ethical foundations

    • Tim Kroenert
    • 11 November 2015
    1 Comment

    Against the backdrop of the crash of the US housing market, we linger on the lurid details of families' removal from the brick boxes that have been their homes for decades. We can only watch as they cycle through stages of denial, bargaining, fury and grief. These are well meaning people who have innocently fallen foul of a system that deals in laws and dollars, not humanity. It is a system so corrupt it turns the exploited into exploiters; where its desperate victims embrace corruption in turn as a means of survival.

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  • ARTS AND CULTURE

    Pity abandoned on the banks of the Parramatta

    • Sarah Klenbort
    • 20 October 2015
    6 Comments

    A young man introduces himself: Ashley. He has sandy blond hair, a lithe body and an ease and grace with the kids. The lessons are free, but my daughter doesn't wait to for this explanation; she's already picked up a unicycle. 'You need a helmet first,' Ashley explains, and I tap my daughter's arm and sign, 'Helmet'. 'Does she read lips?' he asks. 'If you could just look at her when you're talking,' I say. 'Okay,' he says with the slightest trepidation. 'She's d-d-deaf and I have a stutter.'

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  • AUSTRALIA

    'Vigilante' applies to the government more than environmentalists

    • Fatima Measham
    • 23 August 2015
    10 Comments

    The epithets used against environment groups have been extraordinary after a judge of the Federal Court set aside Environment Minister Greg Hunt's approval of the Adani thermal coal mine. Perhaps legislation has always been an instrument for ideological agendas, but the compulsion and ease with which the Coalition has taken to the law to restrict scrutiny doesn't bode well for us. 

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  • AUSTRALIA

    Coalition tactics on marriage and climate change risk self-destruction

    • Andrew Hamilton
    • 16 August 2015
    25 Comments

    The consequences of the present Coalition manipulation will be that the hostility between opponents and proponents of legalisation is likely to be intensified, and the proper way to resolve the issues involved seen to lie in the untrammelled exercise of power and not in reasoned conversation. In such a climate, any appeal to other values at stake in legislation, such as religious freedom, will be regarded simply as self-interest, and will be overridden by the principle of non-discrimination.

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  • AUSTRALIA

    The Government's inconsistent ethical argument for coal

    • Andrew Hamilton
    • 26 July 2015
    15 Comments

    The Federal Government's ethical argument for coal is that it is the most readily available and cheapest resource for generating electricity for the development of poorer countries. The structure of this argument based on our duty to the poor is significant. It assumes that governments, mining companies, banks and the people who invest in them a duty to consider the effects of their actions on people both in their own nations and in other nations.

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  • AUSTRALIA

    Pope's pungent pontification against greed

    • Andrew Hamilton
    • 19 July 2015
    14 Comments

    As high level negotiators left the air foetid in Europe and Australia, South America was scented rather more freshly, with Pope Francis ahead in the stakes of providing hope for humanity. He delivered a fiery denunciation of modern capitalism, declaring modern capitalism's 'unfettered pursuit of money' the 'dung of the devil' and accusing world leaders of 'cowardice' for refusing to defend the earth from exploitation.

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