keywords: Financial Crisis
There are more than 200 results, only the first 200 are displayed here.
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ECONOMICS
In politics, one should never opt for a balanced and thoughtful description of the truth when wild exaggerations will do. Especially when you want to take from the poor and give to, if not exactly the rich, at least the investor class. The dire pronouncements from the Abbott Government in response to the Commission of Audit's 86 recommendations reflect not only the PM's relentless negativity, but also more than a whiff of class war.
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ENVIRONMENT
- Neil Ormerod
- 11 February 2014
12 Comments
The international movement to divest from investment in fossil fuels is gathering momentum. Investors are starting to realise that as governments act to restrain fossil fuel consumption, fossil fuel companies will find their assets being written down. This is particularly pertinent to Australia, the second largest coal exporter. And it raises questions for Australian religious bodies about the prudent and moral use of their resources.
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ECONOMICS
- Bruce Duncan
- 04 February 2014
14 Comments
The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.
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ARTS AND CULTURE
- Tim Kroenert
- 23 January 2014
5 Comments
If ultimately Belfort's comeuppance for his innumerable evils is modest, and his lessons remain unlearned, it is deeply and frighteningly ironic, in a way that has parallels in the real world. The global financial crisis resulted precisely from the kind of unbridled amorality that the characters in The Wolf of Wall Street gleefully embrace. Money is their morality. Lives are left battered and bruised, but the Wall Street party keeps raging on.
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AUSTRALIA
- John Falzon
- 16 January 2014
1 Comment
Kevin Rudd says we need a 'new politics' or a 'new way'. Tony Abbott says we'll only get a new way by electing a new government. What is missing in both statements is the recognition that what we actually need is a new kind of economic democracy: a reconfiguration of our economic prioritising away from individualism towards the common good, and towards the participation of all rather than the exclusion of many.
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INTERNATIONAL
- Duncan MacLaren
- 10 January 2014
While any man's death diminishes me because I am involved in mankind', I must admit to pouring a glass of good malt at the news of Thatcher's passing. The Southern English may laud her as the greatest prime minister after Churchill but for us Scots she was a hate figure who in the last days of her premiership scarcely dared to cross the border for fear of being assassinated.
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AUSTRALIA
- Michael Mullins
- 16 December 2013
9 Comments
Pope Francis says: 'Work means dignity, work means taking food home, work means loving!' Some commentators criticise the government for taking an active role in maintaining employment through subsidising unprofitable industries. They miss the point that it's the government's job to promote the wellbeing of the people, and having a job is so fundamental to living in modern society.
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AUSTRALIA
- Ray Cassin
- 13 December 2013
33 Comments
The immediate responsibility for this looming economic disaster rests with the Abbott Government, and not merely because of its use of a bullying speech in Parliament by the Treasurer, Joe Hockey, to goad Holden into announcing a decision that its masters in Detroit had probably already taken. In the longer term, this should be seen as a bipartisan disaster. What happened this week was the culmination of a process that began under Hawke.
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AUSTRALIA
- Ray Cassin
- 14 November 2013
10 Comments
If the Catholic Church is mentioned frequently in the report of the Victorian parliamentary inquiry into the sexual abuse of children, Catholics and their leaders can hardly complain. Among the churches scrutinised by the committee, only the Salvation Army has an even remotely comparable record of abuse. The Napthine Government should implement the inquiry's recommendations — with one exception.
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RELIGION
- Frank Brennan
- 12 November 2013
5 Comments
'Having thrown off the shackles of compulsion endured by pre-Vatican II Catholics, we relish that we come to the table not because we are forced, not because of social expectations, not because of the mindset of the mob, but because we are graciously called and freely responding.' Frank Brennan's Camino Address, Parish of Our Lady of the Way North Sydney, 12 November 2013
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AUSTRALIA
- Tony Kevin
- 08 November 2013
23 Comments
The Coalition's impending destruction of the Australian car industry by calculated public stalling of decisions on government assistance is shaping up as its most disastrous high-visibility policy blunder. This industry — but none other — is to be wilfully abandoned as a victim of rigid free-market economic ideologies. It does not make sense, in economic, social or national security terms. This is Australia's version of US Tea Party budget brinkmanship.
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AUSTRALIA
- Frank Brennan
- 02 November 2013
7 Comments
'There have been innumerable post-mortems and words of advice as to how the party with new structures, election rules, and policies can pick itself up, dust off, and win the next election. Sadly some of those post-mortems have come with more coatings of spite and loathing. It is no part of my role in the public square as a Catholic priest to offer such advice.' Frank Brennan's address to the Bathurst Panthers Club, 2 November 2013.
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