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#banks

9 posts9 participants1 post today
Replied to Europe Says
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RaymondPierreL3

@europesays
Let’s be quite clear about this. The big four #banks operating in #Australia are some of the most profitable and stable banks in the world. They have been propped up and backed by Australian govt surety from all political persuasions.

Furthermore, #Inflation (CPI and Headline) is now well within the RBA’s required band and a rate cut will be welcomed by all wage earners.

As for Real Estate, #inflation and #Cash rate have very little to do with it. The issue with #housing #affordability is a #tax issue, readily fixed by any govt with balls enough to tackle much needed #tax #reform.

So, I don’t know where this leaves your story… down the #toilet I would guess.

Public
MikeDunnAuthor

Today in labor history April 29, 1894: Jacob Coxey led a group of 500 unemployed workers from the Midwest to Washington, D.C. They demanded federal jobs for the poor. The authorities promptly arrested Coxey and many of his followers for trespassing on Capitol grounds.

The Return of Coxey's Army (By Eddie Starr)
When they busted all the unions,
You can't make no living wage.
And this working poor arrangement,
Gonna turn to public rage.
And then get ready . . .
We're gonna bring back Coxey's Army
And take his message to the street.

The financial panic of 1893 caused one of the worst depressions the country had ever seen. The depression lasted five years and caused unemployment to reach 18%. Banks failed and currency supplies dried up after Congress repealed the Sherman Silver Purchase Act. Coxey owned a sand quarry and was personally wealthy. But he was outraged at the government’s lack of response to the poverty he saw around him. So, he organized a march on Washington, to demand jobs for the poor.

Coxey's Army marchers leaving their camp. Photograph shows people on foot, on horseback and bicycle, some carrying U.S. flags. By Frank Leslie's magazine - Library of Congress, Public Domain, https://commons.wikimedia.org/w/index.php?curid=723904
#workingclass#LaborHistory#poverty
Public
Terence Eden

🆕 blog! “Who is responsible for missing money?”

I have a simple rule of thumb when it comes to news reports. The real story is always in the penultimate paragraph.

Let's look at this inflammatory headline:

Woman’s 'spree' after $158k banking error, refuses to return pensioner’s life savings
An Auckland beneficiary is under investigation for an alleged “sp…

👀 Read more: shkspr.mobi/blog/2025/04/who-i
⸻
#banking #banks #money #newzealand

Terence Eden’s Blog · Who is responsible for missing money?
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☮ ♥ ♬ 🧑‍💻

Day 29 🗳️⚔️

“Prime Minister #AnthonyAlbanese has had a colourful visit to a polling booth in the southern #Sydney seat of #Banks, held by the #Liberals.

There was representation from across the political spectrum as volunteers handed out flyers to punters arriving to cast early votes — there was an on-the-ground presence from the Liberals, #Labor, #Greens, #MuslimVotesMatter, #independents, Fatima Payman’s Australia’s #VoiceParty and the #Libertarians.

Australia’s Voice senate candidate #EmanieDarwiche heckling Prime Minister Anthony Albanese. Unsurprisingly, then, the reception that Albanese received was mixed. He was loudly heckled by Payman’s NSW Senate candidate, Emanie Darwiche, who cried: “Anthony Albanese, you are committing genocide.”

Another man in a van driving past yelled out: “You’re the reason we’re broke, bro.” The third heckler was in higher spirits. “Hey Albo,” they shouted from their car window, before using an expletive to give the prime minister a very #Australian compliment.”

#AusPol / #Coalition / #Nationals <archive.md/o1wRx> / <smh.com.au/politics/federal/fe> (paywall)

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