stevemilburn.eth @Styvo51

One of the most underrated American bands in history. B'52 - Private Idaho

"Yea, I care about my health. I'm all natural"

The lineup for the first Lollapalooza, 35 years ago in 1991.

Thank you, Dave. I appreciate you reaching out to ask what you got wrong. The clip we’re discussing is less than 90 seconds long. What I’m about to do demonstrates Brandolini's Law: where the amount of energy required to refute bullshit is an order of magnitude greater than that required to produce it. Or, in this case, it takes around 600 words to correct 90 seconds of your economic fan fiction. 1⃣ Between 0 and 30 seconds You begin by confusing government debt with the Future Fund and appear to suggest that the Future Fund can't exist along side Govt debt. They’re different things. One can exist without the other, and in Australia they do. Australia's Future Fund was established in 2006 with an initial govt investment of about $60B. Its first annual report, in 2008, showed assets of around $64 billion - not the $100B you suggested. Then, at around 27 seconds, you talk about the Future Fund as though it ceased to exist (you used the word 'had' as in past tense). It still very much exists Dave. In fact, it's grown every single year since it was created. Today it's worth around $270 billion, or over $330 billion once the other funds under management are included (eg Medical Research / Housing Australia / Drought). So before we're even 30 seconds into the clip you've managed to confuse government debt, the Future Fund, its size, and whether it still exists. That’s a lot of economic history to get wrong in under 30 seconds. 2⃣ Around 32 seconds You then claim Kevin Rudd used the Future Fund to "flush money through the economy". Again, that’s simply false. The Future Fund wasn't used to fund the stimulus. It wasn't used to build school halls. It wasn’t used for any of the things you’re describing. In your defence, you do briefly flirt with the possibility that you don’t actually know what you’re talking about. Sadly, it was a very short-lived relationship. The GFC stimulus was funded through government borrowing. For context, construction approvals were collapsing, more than a million Australians worked in construction, and the objective was to stop unemployment exploding during the worst global financial crisis in generations. You're welcome to argue that was the wrong policy (but you didn't). You’re not entitled to rewrite where the money came from. 3⃣ At about 44 seconds You say, "I might be wrong". I concede you were correct during this part of the video. 4⃣ From 44 seconds onwards You make a series of broad claims about the GFC response. Yes, government debt increased. That's true. What you omit is that Australia's stimulus largely went directly to households rather than primarily rescuing financial institutions, as happened in many other countries. The aim was simple: keep people spending, businesses operating and Australians employed while global demand collapsed. It's known as counter-cyclical fiscal policy. Whether you agree with it politically is your business. The specific outcome for Australia isn't contested though - Australia was one of only two economies in the OECD to avoid recession during the Global Financial Crisis. There's no reality where that wasn’t a comparatively impressive outcome. The money didn’t need to "trickle down". The entire point was that it started at the bottom. 5⃣ Government debt Throughout the clip (and in life generally) you repeatedly return to the theme Labor is responsible for Australia’s debt (which btw is comparatively low). Here are the actual numbers of net debt added by each Govt since 2007. > Rudd/Gillard: about $190 billion over six years. > Abbott/Turnbull/Morrison: about $366 billion over nine years, around two-thirds of which pre-dated COVID. > Albanese: about $75 billion over four years. Those figures don’t support the story you've been telling people. And that’s really the issue. This isn't about getting one date wrong or misremembering one statistic. Nearly every claim in your 90-second clip turns out to be either wrong or misleading. If you're going to publicly lecture Australians about economic history, the bare minimum expectation is that you’ve first acquainted yourself with it. Because once the errors have been pointed out, as they have been to you multiple times, every repetition stops looking like an accident and starts looking like a strategy. Given your very public coffee with Angus Taylor last week, perhaps people are entitled to ask what that strategy might be.

We are supposedly at war to stop Iran from enriching the uranium we “obliterated” over a year ago. Yesterday we signed a deal to help Saudi Arabia enrich uranium. The first time the United States has ever helped another country enrich uranium on foreign soil. The Saudis refused the inspection protocol 140 other countries accept. Too intrusive, they said. Trump agreed. He signed a national security waiver to get around the rule. The Saudis paid Kushner $100 million. They put $2 billion into his firm. They put another $6 billion into LIV Golf, which pays Trump properties to host its tournaments. They signed ten billion dollars in Trump-branded real estate deals in Jeddah and Riyadh. All in just the last few years. But sure. My paintings.

@sspencer_63 🎯

Wtf is wrong with the other 20% ?

Neet @neet_sol

3 weeks ago

"The body essentially treats the return to work as a physical threat"

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Studies now present a striking picture of what happens when private equity firms acquire hospitals and nursing homes: predictable increases in harm and deaths. One landmark study shows: patient deaths up about 11% after such acquisitions.

The 69 Cats is a gothabilly supergroup formed in 2013 by Jyrki 69 and Danny B. Harvey, featuring a rotating lineup of legendary members from The Cramps, Blondie, and The Damned. The 69 Cats *Werewolves Of London*

Lunch would be pretty dull without banh mis, kebabs or dim sum.

Perfect

Ryan Rozbiani @RyanRozbiani

4 weeks ago

This ended BADLY

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The inaugural Big Day Out 🇦🇺 1992 Violent Femmes, Nirvana, Beasts of Bourbon, Celibate Rifles, Died Pretty, Ratcat, Yothu Yindi, Cosmic Psychos, You Am I, The Meanies, The Hard Ons, Falling Joys, Massappeal, Smudge, The Clouds, Club Hoy, The Welcome Mat, Sound Unlimited Posse, Box the Jesuit, The Hellmenn, The Village Idiots, The Ruptured Spleans, Scorched Earth Policy

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I've had to do some crazy repairs in the bush to get myself home, but never anything like this.

When former F1 driver Riccardo Patrese took his wife on a test drive around Jerez 😅

@Complex Petit disque orange (rotated), by František Kupka, 1932

@TISM_Root Don't fuckin' pin this on us... #fiveyards

The Morrison govt changed the line from "young" to "one" in 2020, explicitly to be more inclusive to Indigenous Australians, and recognise multiculturalism By the by, the anthem's second verse also says: "For those who’ve come across the seas, We’ve boundless plains to share"

Still one of the greatest transitions ever.

Quite a thing to see all of these characters talk through the Quake/ID 'thing' unfiltered, 30 years later.

John Romero 🤘🏽 @romero

a month ago

I’m proud of Quake. We all are. Quake changed games forever. That said...

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