Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿

Blues & Roots enthusiast. Liverpool FC fan #YNWA

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

@mischavdburg linux

[Geoff Wilson @GeoffWilsonWAM]

🚨 URGENT: Senate submissions on Labor’s destructive CGT reform bills CLOSE TOMORROW NIGHT, 9 June.
This is economic vandalism. It will hammer Australian aspiration, crush startups, drive young people and mobile capital overseas.

CAIIF has made it incredibly simple with their plain-English guide. No legal background needed just a formal letter in your own words to the Senators.

We @WilsonAssetMgmt is submitting in the morning. Now it’s your turn.

Swipe through the carousel, follow their steps and lodge yours before it’s too late.

Your voice matters. Every voice matters!

#CGTReform #AussieAspiration #StopTheTaxGrab

[Handre @Handre]

Milton Friedman's greatest regret.

The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.

Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.

Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.

This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.

Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.

[Geoff Wilson @GeoffWilsonWAM]

🚨 This @AlboMP government is running a straight-up TAX SCAM on Australian investors.
Buried in their budget bill is a sneaky “loss-ordering” trap that forces you to waste your oldest CGT-discounted gains FIRST — leaving newer gains fully exposed to their brutal new indexation rules from 2027.
Deliberate. Greedy. A betrayal of every mum & dad investor trying to build wealth.
Absolute rort by a desperate, cash-grabbing regime. This must be stopped #AusPol #TaxScam

[Miss Madeleine @MadsMelbourne]

It should be evident to everyone by now, that the biggest threat to Australia and our ‘social cohesion’ is not any race or religion but is, in fact, the Australian government !

The labelling of any person who disagrees with the government or its actions as a ‘sovereign citizen’ and a ‘terrorist’ whilst claiming we live in a democracy (which by its very essence includes the power of the people to hold the government accountable), is an attack on every day Australians.

It’s no wonder that the country has lost all trust in anything the government says or does.

They have exposed themselves as the enemy

We see you!

[Aidan Morrison @FootnotesGuy]

This is the story of how a fund chaired by former Labor PM Julia Gillard acquired a wind farm project just six days before Labor Energy Minister Chris Bowen underwrote its future revenues with taxpayer money.

Today we've learned Julia's fund is trying to flip it. For a profit.

HMC Capital's 'Energy Transition Fund' rushed to acquire the Neoen Victoria portfolio. They hadn't even raised any money in their fund. They closed with almost a billion dollars worth of borrowed money and IOU's.

Less than a week later, Chris Bowen announced Kentbruck Wind Farm to be successful in the first round of the Capacity Investment Scheme. My rough calculations suggest they will receive something like a billion dollars from taxpayers (and maybe much more) over 15 years.

Sweet deal. A billion dollars of fancy financial monopoly money one week. A billion dollars of promised taxpayer dollars the next.

I want to emphasise that I have no evidence of anything illegal or improper taking place. Rather, I want to point out how odious and repugnant the official, proper, legal business of renewable energy has become.

Yesterday Chris Bowen announced he wanted to supersize the CIS subsidy scheme, yet again.

Today Ross Garnaut seemed to cheer this on, whilst pointing out "There are now virtually no new investment commitments for solar and wind generation that do not have CIS or other Government underwriting,"

What happened to a sense of propriety? Since when do we celebrate people rushing to put their snouts in the trough? Or rushing to fill the trough even higher?

Unlike the UK who publish a 'going rate' for technology subsidies, our renewables are subsidised through a secret tender process. Every project gets to ask for whatever revenue they want to proceed. @AEMO_Energy facilitates a secret beauty pageant, where they award points for things like indigenous participation or community engagement, alongside financial value.

And Chris Bowen makes the final call.

The bids remain secret. There's no cap to the pay-outs. Since AEMO is a private company, there is no scope for an FOI request, and AEMO aren't not subject to parliamentary oversight through Senate Estimates.

So no-one can ever prove an allegation that Bowen has bestowed special favour on a friend's project if that was what he did. But equally, he can never prove that he selected strictly according to merit. We are just expected to trust the black-box of Bowen's subsidies.

So I'm going to say out loud, with full voice, that I hope everyone can agree on:

If this is what the future of 'clean energy' looks like in Australia, it looks absolutely FILTHY.

Any firm that talks about ESG seriously should start taking the "G" a bit more seriously and steer clear of projects that thrust their snouts into Bowen's hopelessly opaque, bottomless trough of government funds.

Or at the very least, purge their boards and senior leadership of all the former Labor staffers, donors, and industry lobbyists who have had a hand in designing the trough, and filling it up.

The reality is that there are no natural profits to be made in generating renewable electricity in Australia.

Every dollar of profit in this industry is really a cheque signed by a politician, with Chris Bowen signing all the biggest cheques, worth untold billions, in the next three years.

It's all legal. It's all official. And it's absolutely obscene.
Mega-thread below.
(It'll come in stages)
1/

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

Just let this bloke run the show

[Travis Ricciardo @TRAVmoneyofmine]

Straya!

[katy 🌸 @KatyKray73]

Obviously the solution to the ‘climate crisis’ is to tax us all into oblivion. 😏

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

🔥

[Saifedean Ammous @saifedean]

Alright here goes: Once upon a time in England there lived a pedophile named John Maynard Keynes, who engineered the Bank of England financing entry into World War I by surreptitiously buying government bonds and pretending that the public bought them. The money supply shot up and the Bank could no longer redeem its bills in gold, so they suspended gold convertibility. When the war ended, they could not just come clean and devalue the pound and get back on a gold standard at a rate that takes into account all the devaluation. They instead insisted on trying to somehow bring the pound back to its old prewar rate. But this was impossible because people had too many pounds in their hands, it caused a drain of gold out of Britain and created massive economic problems, which they thought they could fix by creating even more money. One thing led to the other and the world would never go back on a gold standard and it would instead start using government credit as money. Gold's supply increases at only ~1.5% per year, whereas government money grows at around 14% per year. This means it became almost impossible for people to save, and so people became a lot less certain about the future and they became a lot more short-termist, financially, and in all other aspects of life. "Ain't nobody got time fo dat" became the soundtrack of the century as humanity regressed backwards into more and more animalistic present-orientation at the expense of future provision. This is reflected in all manners of human institutions, from the collapse of the family to the emergence of hideous modern architecture, and the disappearance of fine art, which required plenty of sacrifice and hard work for long periods which barbaric easy money civilizations could no longer afford. It was replaced by high time preference art made by people who have no ability to think of the long term cannot spend enough time on learning a proper craft, and are just looking for clever shortcuts and 'making a statement' and narcissistic navel-gazing and similarly irrelevant and hideous nonsense. And that's how the civilization that gave us Michelangelo gave us Damien Hirst. I wrote a book about this!

https://t.co/YEPrczMF5N

[kepano @kepano]

File over app

File over app is a philosophy: if you want to create digital artifacts that last, they must be files you can control, in formats that are easy to retrieve and read. Use tools that give you this freedom.

File over app is an appeal to tool makers: accept that all software is ephemeral, and give people ownership over their data.

In the fullness of time, the files you create are more important than the tools you use to create them. Apps are ephemeral, but your files have a chance to last.

The pyramids of Egypt contain hieroglyphs that were chiseled in stone thousands of years ago. The ideas hieroglyphs convey are more important than the type of chisel that was used to carve them.

The world is filled with ideas from generations past, transmitted through many mediums, from clay tablets to manuscripts, paintings, sculptures, and tapestries. These artifacts are objects that you can touch, hold, own, store, preserve, and look at. To read something written on paper all you need is eyeballs.

Today, we are creating innumerable digital artifacts, but most of these artifacts are out of our control. They are stored on servers, in databases, gated behind an internet connection, and login to a cloud service. Even the files on your hard drive use proprietary formats that make them incompatible with older systems.

Paraphrasing something I wrote recently:

> If you want your writing to still be readable on a computer from the 2060s or 2160s, it’s important that your notes can be read on a computer from the 1960s.

You should want the files you create to be durable, not only for posterity, but also for your future self. You never know when you might want to go back to something you created years or decades ago. Don’t lock your data into a format you can’t retrieve.

These days I write using an app I help make called Obsidian (@obsdmd), but it’s a delusion to think it will last forever. The app will eventually become obsolete. It’s the plain text files I create that are designed to last. Who knows if anyone will want to read them besides me, but future me is enough of an audience to make it worthwhile.

[Dr MuVenda @Ndi_Muvenda_]

Plumbers don’t want you to find out about this, Just put egg and that’s it!!

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

🤣😂

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

✊

[WikiLeaks @wikileaks]

JULIAN ASSANGE IS FREE

Julian Assange is free. He left Belmarsh maximum security prison on the morning of 24 June, after having spent 1901 days there. He was granted bail by the High Court in London and was released at Stansted airport during the afternoon, where he boarded a plane and departed the UK.

This is the result of a global campaign that spanned grass-roots organisers, press freedom campaigners, legislators and leaders from across the political spectrum, all the way to the United Nations. This created the space for a long period of negotiations with the US Department of Justice, leading to a deal that has not yet been formally finalised. We will provide more information as soon as possible.

After more than five years in a 2x3 metre cell, isolated 23 hours a day, he will soon reunite with his wife Stella Assange, and their children, who have only known their father from behind bars.

WikiLeaks published groundbreaking stories of government corruption and human rights abuses, holding the powerful accountable for their actions. As editor-in-chief, Julian paid severely for these principles, and for the people's right to know.

As he returns to Australia, we thank all who stood by us, fought for us, and remained utterly committed in the fight for his freedom.

Julian's freedom is our freedom.

[More details to follow]

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

🤣😂

[🏔Adam🏔 @denverbitcoin]

Sometimes I fear the world isn’t ready for #bitcoin..even if I am…

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

These girls are bringing the fire 🔥

[Clint Russell @LibertyLockPod]

I do a similar rant every time I buy groceries (with a less adorable accent)

[Clint Russell @LibertyLockPod]

Probably the best interview I've ever done. Check it out and let me know what you think.

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

@TMFScottP Did e B CJ B at c

[Matt Mac 🇦🇺🏴󠁧󠁢󠁳󠁣󠁴󠁿 @maccamojo]

Wow

[Anything Liverpool @AnythingLFC_]

Throwback to that Darwin Nunez goal vs Real Madrid 😲

Simply outrageous from @Darwinn99 🔥

[Malcolm Roberts 🇦🇺 @MRobertsQLD]

Now we taxpayers pay trillions in subsidies for low energy density, unreliable, expensive, unstable solar & wind

(Thank you for meme, Leanne)

[Jackson Hinkle 🇺🇸 @jacksonhinkle]

Rest in Peace Gonzalo Lira. You imparted a great deal of wisdom on me in our conversations, and on everyone who was lucky enough to watch your streams and read your work. I will never forget what Zelensky and his Nazi Ukrainian government did to you at the behest of the Biden Administration. They imprisoned, tortured, extorted and ultimately murdered you for speaking the truth. Your unique situation helped ignite a fire in my heart to expose the truth about the warmongering US empire. Your murderers who believe your death is the 'defeat' of your ideas are seriously mistaken. We will ensure that your legacy lives on and that the world looks to your heroic example of courage in the face of imperialism for generations to come.