Category: Economics

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War on terror has nothing to do with the rise of Trump

As the US marks the 20th anniversary of the attacks on the World Trade Centre, a theory, that can only be classified as unadulterated BS, has been advanced: the event led to the invasion of Afghanistan and Iraq which in turn led to the emergence of Donald Trump.

Such a narrative sits nicely with Democrats: the election of the worst US president, a Republican, was caused by the actions of another Republican president, George W. Bush.

Part of this logic — if you can call it that — is that Trump’s opposition to the wars launched by Bush put paid to the chances of his brother, Jeb, gaining the Republican nomination.

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Australia is a vassal state of the US. That will never change

The craven manner in which Australia continues to bow before the US is borne of a deep-seated fear that Washington will again choose to interfere in Australian politics as it did in 1975.

That year, the late Gough Whitlam, who was prime minister, hinted that he might have second thoughts about renewing a lease for Pine Gap, a base in Australia’s northern parts which the Americans use for spying on other countries.

Whitlam was sacked by the governor-general John Kerr shortly thereafter. A full account of the affair is here; the CIA’s involvement has never been in doubt.

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One feels sorry for Emma Alberici, but that does not mask the fact that she was incompetent

Last month, the Australian Broadcasting Corporation, a taxpayer-funded entity, made several people redundant, due to a cut in funding by the Federal Government. Among them was Emma Alberici, a presenter who has been lionised a great deal as someone with great talents, but who is actually a mediocre hack who lacks ability.

What marked Alberici out is the fact that she had the glorious title of chief economics correspondent at the ABC, but was never seen on any TV show giving her opinion about anything to do with economics. Over the last two years, China and the US have been engaged in an almighty stoush; Australia, as a country that considers the US as its main ally and has China as its major trading partner, has naturally been of interest too.

But the ABC always put forward people like Peter Ryan, a senior business correspondent, or Ian Verrender, the business editor, when there was a need for someone to appear during a news bulletin and provide a little insight into these matters. Alberici, it seemed, was persona non grata.
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