@pitdesi Does Kalshi have bets on how likely it is that someone just massively manipulated the odds?
Don't get me wrong, huge issues for the youth are not addressed. But why would men suddenly vote for the people that want them to be women?
$10 diesel soon is looking like a realistic possibility. I'm much less worried about the midterms (sort of stupid to to be at this point) and more concerned of the forthcoming mass suffering, and suicides from job losses and cost of living pressures.
Koch tells RBA to ‘name who forced your hand’ on next rate rise - The Australian - 22 Sep 2026
Mr Koch’s open letter to RBA governor Michele Bullock says “a meaningful slice of the inflation your board is trying to contain is not being generated in a shopping centre. It is being set in a cabinet room”.
Household spending is down with families now “at a kitchen table with a calculator”, economic growth is subdued and business conditions are negative for the first time in six years.
“So who did the growing? Government, and not by a little,” he says. “Commonwealth government spending has climbed to 26.8 per cent of GDP… the highest level outside the pandemic since 1986. State government spending isn’t helping either.
“Public sector wages grew 3.4 per cent against 3.1 per cent in the private sector. ABS CPI data suggests government-influenced prices have been rising much faster than market-driven prices, with categories such as childcare, education, healthcare, utilities and insurance doing much of the work. In other words, some of the stickiest price pressure isn’t coming from shoppers splurging… it’s coming from prices governments set, subsidise, regulate or index.”
Oil is only part of the story. And Aussie households have already paid, absorbing three rate rises this year. “Households complied. Governments didn’t seem to.” he says. “Yet only one of those two gets the higher interest rate bill.”
He is calling for “plain speech, backed by numbers”.
That would mean quantifying how much of the cash rate rise is attributable to government spending fuelling demand in its monetary policy statement and showing Australians where the cash rate would sit today had public demand grown in line with nominal GDP instead of ahead of it.
He is also calling for a “fiscal statement signed by federal and state treasurers, committing to a public spending path consistent with your inflation target, with the RBA reporting publicly on whether it’s met”.
“Say it out loud,” he says. “If your board must move on 29 September, please do them (Aussies) the courtesy of naming who forced your hand.”
GET REAL JIM!
Is it any wonder Australia is in the mess it is with reports like this?
The Intergenerational Report is prepared by the Australian Treasury and is handed down every few years assessing fiscal sustainability, demographics and structural trends.
According to these “experts” Australia is going to face ongoing deficits and has to rely on immigration and multiculturalism as key drivers of economic growth.
They are also claiming energy costs will come down due to renewable energy despite decades of evidence showing the opposite.
There is absolutely no reason why Australia has to face decades of deficits.
We have a vast abundance of natural resources that with the right management can generate enormous wealth for future generations.
All it requires is the right investment in infrastructure and skills whilst cutting regulation and taxes.
The fact that our treasury department can’t see this and is instead promoting culture war narratives as our solution is alarming.
If you want to back a party that can think for itself and not be led down the garden path by delusional bureaucrats then sign up to https://t.co/PeAaJW2pjF today.
•••••••••••••
“Jim Chalmers has assured Australians that personal income tax cuts are still part of his economic plans, despite revelations the country faces 40 years of budget deficits, ballooning debt, and an economy that will remain largely reliant on migration.
Handing down his second Intergenerational Report, which paints a dire picture of deficits and meagre growth out past a four-decade horizon, the Treasurer conceded the federal budget would remain "strained".
The report claims household energy costs will fall by $4300 a year due to the electrification of cars and homes.
It also pushes migration and multiculturalism as key drivers of economic growth through to 2066, and puts artificial intelligence at the centre of future productivity strategies.”
One Nation leader Pauline Hanson has called for a full audit into Indigenous spending, stating 'We've got people in third world conditions'.
Speaking in an interview featured by The Australian, Hanson questioned the effectiveness and transparency of billions of dollars allocated to Indigenous affairs.
She argued that despite massive funding, many Indigenous communities still face poor housing, health and education outcomes. Hanson says an independent audit is needed to ensure money reaches those in need, not bureaucracy.
The call has sparked national debate over government spending, accountability and closing the gap.
#PaulineHanson #OneNation #IndigenousSpending #TheAustralianBallet
Article link: 👇🏽
https://t.co/grxUfrKMQg
@MoiDawg Thank you! Group finder destroyed WoW for me. It made me feel left out when I didn't use it. Using it destroyed dungeons with friends. Everyone just queued up. Worst mechanic ever.
@MeghanMcCain It is called killing with kindness. Gives you the high ground when shit hits the fan.
Also: It should be NORMAL for people of opposing sides to be friendly and only disagree on the topics politely.
@_svs_ Asked a smart colleague for review of my Risk documents recently. Got back a document of review by AI. Utterly useless. Waste of time and tokens.
@0xrwu Firefox + ublock origin addon give you YouTube without ads, for free. I tried subscribing to Premium. Had a worse experience than with an adblocker, unsubscribed again. Waste of money for a crap service. Easy safe of $10/month.
@WhiteHouse Please do Australia next! Our news insists we are not being screwed by our government every day. No hard questions are being asked, voices of dissent ignored. Can't wait for these efforts to spill over to us.
@themgmtconsult Even on the days it is later. You mostly get to leave your your work-brain at work. You pick up the next day where you left off.
When you work for yourself, you OWN the problems. Day and Night.
@raqisright Holy shit! I thought Australia was cooked with $18 loafs of bread. Can't even fathom looking at a $60 one. It would have to come with some insanely good steak inside.
Don't waste courage on a toxic friendship when you can use it to start a company.
Don't spend emotional regulation on a chaotic partner when you'll need it to care for aging parents.
Don't use discipline recovering from self-inflicted mistakes when you could spend it enjoying life.
Life will create enough difficulty without your help. Wherever you have the choice, choose people, environments and behaviours that make it easier to carry.
@MoneyTelegraph@rorysutherland When my project team was still mostly in the same city, I used to go to the office early and block seats for my team. We wanted to at least sit together to get benefit from the office.
You wouldn't believe the crap I got for wanting such a simple thing for my team.