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The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.
Now is an exciting moment for Australia, after all the low points of the past two years. We can look forward to a real return to greater civil discourse and intellectual integrity in politics. It will be good if the parties can set aside the negative energy that was brought to the Parliament and return to an informed contest of ideas, for there is much to debate.
Interviewed before the screening of Hitting Home, her program on domestic violence, Sarah Ferguson pointed out that the statistics had scarcely altered in a couple of decades. How far back into our history does this dismal phenomenon reach? 'We could quickly fill the largest building in Sydney with women and children who now, for the sake of food and shelter, but more for the sake of what is called their "good name", are bearing blows, insults, servitude and degradation,' wrote Louisa Lawson in 1889.
The consideration of medico-legal problems in the public square of a pluralistic democratic society keeping pace with profound technological change is often marked by simplistic assertions, precluding considerations of comprehensive world views, whether religious or philosophical. It is now commonplace for doctors to be told to leave their consciences at the door, as their patients are consumers and they are suppliers and of course the market decides. Debates about law and policy are often resolved with simplistic assertions about individual rights and autonomy, with little consideration for the public interest, the common good, and the doctor-patient relationship. Even conscience is said to be a matter for contracting out. This evening I ask whether there are more compelling ways to resolve medico-legal dilemmas, while conceding a limited role for law in determining the range of acceptable answers.
In his Mid Year Financial Economic Outlook statements this week, Treasurer Joe Hockey construed 'The Economy' as a rare prized orchid, requiring careful nurturing. The orchid is to be admired, and the gardener more so for the skill, expertise and craft that gives rise to such a beautiful creation. The trouble with treating The Economy like a prized bloom is that we fail to recognise that the it exists to serve people.
Affordable housing ought to be a hot election issue. Sadly it’s not a government priority, with ordinary people being taught to be entitled to look to capital growth in bricks and mortar as the best path to financial security. That is producing a housing price bubble and public housing is being squeezed. As a result, an increasing number of Australians can’t afford to put a roof over their head.
The sexual abuse crisis in the Catholic Church has affected mass attendance and contributions to the collection plate. The credibility of its newspapers has also taken a hit, with coverage of the crisis generally following the official line. The publications must appease both their clerical owners and their supporters, the readers, whose trust needs to be earned and maintained.
When Bill Heffernan said that Julia Gillard was unfit for leadership because she was 'deliberately barren', he didn't really err. He just named our preoccupation with motherhood. But is the drive to procreate so powerful and important that it should override the integrity of women in developing countries? Should it continue to be the defining quality of women?
Rates of HIV infection are rising, while stigma is in decline. Some believe the only way to contain the virus is to maintain the stigma against those living with it. But the majority view is that those suffering should be empowered. If the law and the media support them, there is hope that the community will move rationally towards an end to the crisis.
The implications of the Good Samaritan story are clear on Christmas Island. The evil of child imprisonment is of the Government's own doing, and it must be shamed into remedying it. Is the Catholic Education Office in Western Australia right then to provide education to these children? Catholic agencies that alleviate the harm done to those imprisoned should also make clear their condemnation of the evil of that imprisonment.
The Government's vilification of people arriving by boat has reached the level where the term 'illegal' features in the Budget documents. Immigration Minister Morrison has insisted on referring to people arriving by boat as 'illegals' for some years, despite the Migration Act using the less pejorative term 'unlawful non-citizen'. This is not just a lawyer's linguistic debate; if it were not important, the Government would not insist on the term.
49-60 out of 110 results.