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#publicfunds — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #publicfunds, aggregated by home.social.

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  1. @Susan60
    There is #StructuralUnemployment which can be addressed with re-skilling for available/new jobs and then there’s the #NeoLiberal #NAIRU principle based on a deduction that real full employment will lead to runaway inflation which is an #RBA responsibility to maintain within an *arbitrary* range. The latter leads to *systemic* unemployment which requires #PublicSupport.

    While I understand structural unemployment occurs and will continue to occur, there is no economic imperative for policy-driven unemployment. It is strictly a policy specifically designed to enable wealth transfer from the #Workers to the #RentierClass through #WageControl.

    In our current economic system, #Wages are treated as a #Costs of doing business resulting in #LowerProfits. Maintaining #unemployment in the 4-5% range ensures competition for jobs and supresses demand for higher wages hence maintaining a higher level of profit. That’s how it works.

    How stupid is that? Creating unemployment to please #FinancialMarkets and #privateEnterprises while simultaneously using #PublicFunds to help those out of a job. What kind of screwed logic is that system based on? I’ll tell you — it’s not Capitalism — it’s plain and simple #ClassWar led by #Grifters (which can occur in any economic system if it is deregulated enough or centrally controlled by the #Oligarchy — we have both).

    BTW, instituting a Universal Basic Income (#UBI) would look after the unemployed much better than we do now, but it would not solve the repercutions of our failed NeoLiberal economic system. Wealth transfer to the 1% would still occur. Our economy is **rigged** and we need to changes that with stronger regulations, check and balances.

    #AusPol #MMT #SocialDemocracy #WealthEquity #FairerSociety #JoinYourUnion #InUnity #Economics

  2. @Susan60
    There is #StructuralUnemployment which can be addressed with re-skilling for available/new jobs and then there’s the #NeoLiberal #NAIRU principle based on a deduction that real full employment will lead to runaway inflation which is an #RBA responsibility to maintain within an *arbitrary* range. The latter leads to *systemic* unemployment which requires #PublicSupport.

    While I understand structural unemployment occurs and will continue to occur, there is no economic imperative for policy-driven unemployment. It is strictly a policy specifically designed to enable wealth transfer from the #Workers to the #RentierClass through #WageControl.

    In our current economic system, #Wages are treated as a #Costs of doing business resulting in #LowerProfits. Maintaining #unemployment in the 4-5% range ensures competition for jobs and supresses demand for higher wages hence maintaining a higher level of profit. That’s how it works.

    How stupid is that? Creating unemployment to please #FinancialMarkets and #privateEnterprises while simultaneously using #PublicFunds to help those out of a job. What kind of screwed logic is that system based on? I’ll tell you — it’s not Capitalism — it’s plain and simple #ClassWar led by #Grifters (which can occur in any economic system if it is deregulated enough or centrally controlled by the #Oligarchy — we have both).

    BTW, instituting a Universal Basic Income (#UBI) would look after the unemployed much better than we do now, but it would not solve the repercutions of our failed NeoLiberal economic system. Wealth transfer to the 1% would still occur. Our economy is **rigged** and we need to changes that with stronger regulations, check and balances.

    #AusPol #MMT #SocialDemocracy #WealthEquity #FairerSociety #JoinYourUnion #InUnity #Economics

  3. @Susan60
    There is #StructuralUnemployment which can be addressed with re-skilling for available/new jobs and then there’s the #NeoLiberal #NAIRU principle based on a deduction that real full employment will lead to runaway inflation which is an #RBA responsibility to maintain within an *arbitrary* range. The latter leads to *systemic* unemployment which requires #PublicSupport.

    While I understand structural unemployment occurs and will continue to occur, there is no economic imperative for policy-driven unemployment. It is strictly a policy specifically designed to enable wealth transfer from the #Workers to the #RentierClass through #WageControl.

    In our current economic system, #Wages are treated as a #Costs of doing business resulting in #LowerProfits. Maintaining #unemployment in the 4-5% range ensures competition for jobs and supresses demand for higher wages hence maintaining a higher level of profit. That’s how it works.

    How stupid is that? Creating unemployment to please #FinancialMarkets and #privateEnterprises while simultaneously using #PublicFunds to help those out of a job. What kind of screwed logic is that system based on? I’ll tell you — it’s not Capitalism — it’s plain and simple #ClassWar led by #Grifters (which can occur in any economic system if it is deregulated enough or centrally controlled by the #Oligarchy — we have both).

    BTW, instituting a Universal Basic Income (#UBI) would look after the unemployed much better than we do now, but it would not solve the repercutions of our failed NeoLiberal economic system. Wealth transfer to the 1% would still occur. Our economy is **rigged** and we need to changes that with stronger regulations, check and balances.

    #AusPol #MMT #SocialDemocracy #WealthEquity #FairerSociety #JoinYourUnion #InUnity #Economics

  4. @Susan60
    There is #StructuralUnemployment which can be addressed with re-skilling for available/new jobs and then there’s the #NeoLiberal #NAIRU principle based on a deduction that real full employment will lead to runaway inflation which is an #RBA responsibility to maintain within an *arbitrary* range. The latter leads to *systemic* unemployment which requires #PublicSupport.

    While I understand structural unemployment occurs and will continue to occur, there is no economic imperative for policy-driven unemployment. It is strictly a policy specifically designed to enable wealth transfer from the #Workers to the #RentierClass through #WageControl.

    In our current economic system, #Wages are treated as a #Costs of doing business resulting in #LowerProfits. Maintaining #unemployment in the 4-5% range ensures competition for jobs and supresses demand for higher wages hence maintaining a higher level of profit. That’s how it works.

    How stupid is that? Creating unemployment to please #FinancialMarkets and #privateEnterprises while simultaneously using #PublicFunds to help those out of a job. What kind of screwed logic is that system based on? I’ll tell you — it’s not Capitalism — it’s plain and simple #ClassWar led by #Grifters (which can occur in any economic system if it is deregulated enough or centrally controlled by the #Oligarchy — we have both).

    BTW, instituting a Universal Basic Income (#UBI) would look after the unemployed much better than we do now, but it would not solve the repercutions of our failed NeoLiberal economic system. Wealth transfer to the 1% would still occur. Our economy is **rigged** and we need to changes that with stronger regulations, check and balances.

    #AusPol #MMT #SocialDemocracy #WealthEquity #FairerSociety #JoinYourUnion #InUnity #Economics

  5. @Susan60
    There is #StructuralUnemployment which can be addressed with re-skilling for available/new jobs and then there’s the #NeoLiberal #NAIRU principle based on a deduction that real full employment will lead to runaway inflation which is an #RBA responsibility to maintain within an *arbitrary* range. The latter leads to *systemic* unemployment which requires #PublicSupport.

    While I understand structural unemployment occurs and will continue to occur, there is no economic imperative for policy-driven unemployment. It is strictly a policy specifically designed to enable wealth transfer from the #Workers to the #RentierClass through #WageControl.

    In our current economic system, #Wages are treated as a #Costs of doing business resulting in #LowerProfits. Maintaining #unemployment in the 4-5% range ensures competition for jobs and supresses demand for higher wages hence maintaining a higher level of profit. That’s how it works.

    How stupid is that? Creating unemployment to please #FinancialMarkets and #privateEnterprises while simultaneously using #PublicFunds to help those out of a job. What kind of screwed logic is that system based on? I’ll tell you — it’s not Capitalism — it’s plain and simple #ClassWar led by #Grifters (which can occur in any economic system if it is deregulated enough or centrally controlled by the #Oligarchy — we have both).

    BTW, instituting a Universal Basic Income (#UBI) would look after the unemployed much better than we do now, but it would not solve the repercutions of our failed NeoLiberal economic system. Wealth transfer to the 1% would still occur. Our economy is **rigged** and we need to changes that with stronger regulations, check and balances.

    #AusPol #MMT #SocialDemocracy #WealthEquity #FairerSociety #JoinYourUnion #InUnity #Economics

  6. europesays.com/iran/274552/ Shafaq News..Iraq’s Dawn Crackdown spreads through state institutions: What the latest cases reveal #AntiCorruption #AssetRecovery #breaking #FederalCommissionOfIntegrity #Iraq #IraqDawnCrackdown #Iraq’sDawnCrackdownSpreadsThroughStateInstitutions:WhatTheLatestCasesReveal #PublicFunds

  7. KDIC Launches Risk Review of Hanwha Life’s Acuon Acquisition Ahead of Public Fund Recovery — BigGo Finance

    The Korea Deposit Insurance Corporation (KDIC) has launched a risk review of Hanwha Life Insurance’s (088350) planned acquisition…
    #EuropeSays #Korea #KR #Hanwha #AcuonCapital #AcuonSavingsBank #DepositInsuranceFundBondRedemptionFund #EQTPartners #HanwhaGroup #HanwhaLife #K-ICSratio #KoreaDepositInsuranceCorporation #publicfunds
    europesays.com/korea/112320/

  8. High Court Freezes Miracles Aboagye’s Bank Accounts and Properties Over EOCO Probe

    An Accra High Court has frozen five bank accounts and four properties belonging to Dennis Miracles Aboagye as EOCO continues investigations into alleged financial and procurement-related irregularities involving about GH¢55 million

    pillarplusinfo.wordpress.com/2

  9. Public funds for private recreation? The Kerala Medical Services Corporation (KMSCL), tasked with buying hospital medicines, reportedly blew nearly ₹20 lakh of taxpayers' money on a luxury corporate membership at the Trivandrum Tennis Club. The controversial move, initiated during K K Shailaja's tenure as Health Minister, left even assembly auditors scratching their heads over its legality. english.mathrubhumi.com/news/k #KMSCL #KeralaPolitics #PublicFunds #Thiruvananthapuram #KeralaNews

  10. Public funds for private recreation? The Kerala Medical Services Corporation (KMSCL), tasked with buying hospital medicines, reportedly blew nearly ₹20 lakh of taxpayers' money on a luxury corporate membership at the Trivandrum Tennis Club. The controversial move, initiated during K K Shailaja's tenure as Health Minister, left even assembly auditors scratching their heads over its legality. english.mathrubhumi.com/news/k #KMSCL #KeralaPolitics #PublicFunds #Thiruvananthapuram #KeralaNews

  11. Public funds for private recreation? The Kerala Medical Services Corporation (KMSCL), tasked with buying hospital medicines, reportedly blew nearly ₹20 lakh of taxpayers' money on a luxury corporate membership at the Trivandrum Tennis Club. The controversial move, initiated during K K Shailaja's tenure as Health Minister, left even assembly auditors scratching their heads over its legality. english.mathrubhumi.com/news/k #KMSCL #KeralaPolitics #PublicFunds #Thiruvananthapuram #KeralaNews

  12. Public funds for private recreation? The Kerala Medical Services Corporation (KMSCL), tasked with buying hospital medicines, reportedly blew nearly ₹20 lakh of taxpayers' money on a luxury corporate membership at the Trivandrum Tennis Club. The controversial move, initiated during K K Shailaja's tenure as Health Minister, left even assembly auditors scratching their heads over its legality. english.mathrubhumi.com/news/k #KMSCL #KeralaPolitics #PublicFunds #Thiruvananthapuram #KeralaNews

  13. Trump Taxpayer Funded Ballroom Emerges After White House Promised Private Funding

    🚨 Trump’s ballroom was sold as privately funded. Now reports say $352 million in federal funds was redirected toward it anyway. That is not a funding detail. That is the whole ballgame. #Trump #Accountability #Politics

    thedemocracyadvocate.com/news-

  14. Trump Taxpayer Funded Ballroom Emerges After White House Promised Private Funding

    🚨 Trump’s ballroom was sold as privately funded. Now reports say $352 million in federal funds was redirected toward it anyway. That is not a funding detail. That is the whole ballgame. #Trump #Accountability #Politics

    thedemocracyadvocate.com/news-

  15. Trump Taxpayer Funded Ballroom Emerges After White House Promised Private Funding

    🚨 Trump’s ballroom was sold as privately funded. Now reports say $352 million in federal funds was redirected toward it anyway. That is not a funding detail. That is the whole ballgame. #Trump #Accountability #Politics

    thedemocracyadvocate.com/news-

  16. Trump Taxpayer Funded Ballroom Emerges After White House Promised Private Funding

    🚨 Trump’s ballroom was sold as privately funded. Now reports say $352 million in federal funds was redirected toward it anyway. That is not a funding detail. That is the whole ballgame. #Trump #Accountability #Politics

    thedemocracyadvocate.com/news-

  17. Trump Taxpayer Funded Ballroom Emerges After White House Promised Private Funding

    🚨 Trump’s ballroom was sold as privately funded. Now reports say $352 million in federal funds was redirected toward it anyway. That is not a funding detail. That is the whole ballgame. #Trump #Accountability #Politics

    thedemocracyadvocate.com/news-

  18. By the time #Trump made his comments in March, the federal government had already approved more than a dozen payments to the contractor overseeing the work, Clark Construction, totaling tens of millions of dollars in #PublicFunds, acc/to a log of the contractor’s invoices….

    #FactCheck #TrumpLies #scam #fraud #GovernmentWaste #TaxpayersMoney #ballroom

  19. By the time #Trump made his comments in March, the federal government had already approved more than a dozen payments to the contractor overseeing the work, Clark Construction, totaling tens of millions of dollars in #PublicFunds, acc/to a log of the contractor’s invoices….

    #FactCheck #TrumpLies #scam #fraud #GovernmentWaste #TaxpayersMoney #ballroom

  20. By the time #Trump made his comments in March, the federal government had already approved more than a dozen payments to the contractor overseeing the work, Clark Construction, totaling tens of millions of dollars in #PublicFunds, acc/to a log of the contractor’s invoices….

    #FactCheck #TrumpLies #scam #fraud #GovernmentWaste #TaxpayersMoney #ballroom

  21. By the time #Trump made his comments in March, the federal government had already approved more than a dozen payments to the contractor overseeing the work, Clark Construction, totaling tens of millions of dollars in #PublicFunds, acc/to a log of the contractor’s invoices….

    #FactCheck #TrumpLies #scam #fraud #GovernmentWaste #TaxpayersMoney #ballroom

  22. By the time #Trump made his comments in March, the federal government had already approved more than a dozen payments to the contractor overseeing the work, Clark Construction, totaling tens of millions of dollars in #PublicFunds, acc/to a log of the contractor’s invoices….

    #FactCheck #TrumpLies #scam #fraud #GovernmentWaste #TaxpayersMoney #ballroom

  23. Senator's Travel Claims Spark Scrutiny Over Personal Events

    Victorian Senator Bridget McKenzie claimed taxpayer flights to Tasmania for her son's engagement party. This raises questions about using public money for personal events.

    #BridgetMcKenzie, #TasmaniaTravel, #ParliamentaryExpenses, #PublicFunds, #PoliticalScrutiny

    newsletter.tf/senator-mckenzie

  24. Politics Intrudes on Pension Funds, Sparks Retiree Concerns

    Kentucky, Arkansas, and Montana governors sign laws to make pension funds focus on financial returns, not politics. This affects retiree security.

    #PensionReform, #RetireeSecurity, #InvestmentStrategy, #PublicFunds, #USPolitics

    newsletter.tf/us-states-pensio

  25. Politics Intrudes on Pension Funds, Sparks Retiree Concerns

    Kentucky, Arkansas, and Montana governors sign laws to make pension funds focus on financial returns, not politics. This affects retiree security.

    #PensionReform, #RetireeSecurity, #InvestmentStrategy, #PublicFunds, #USPolitics

    newsletter.tf/us-states-pensio

  26. New laws in Kentucky, Arkansas, and Montana are forcing public pension funds to prioritize financial gains over political goals. This is a change from recent trends.

    #PensionReform, #RetireeSecurity, #InvestmentStrategy, #PublicFunds, #USPolitics
    newsletter.tf/us-states-pensio

  27. New laws in Kentucky, Arkansas, and Montana are forcing public pension funds to prioritize financial gains over political goals. This is a change from recent trends.

    #PensionReform, #RetireeSecurity, #InvestmentStrategy, #PublicFunds, #USPolitics
    newsletter.tf/us-states-pensio

  28. CBI Raids Multiply in Haryana Bank Fraud Probe; Digital Trails Under Scrutiny

    CBI raids Haryana bank fraud probe on May 14th. Officials and banks suspected of diverting ₹645 crore. Digital evidence seized.

    #HaryanaBankFraud, #CBIRaids, #FinancialCrime, #DigitalEvidence, #PublicFunds

    newsletter.tf/cbi-raids-haryan

  29. The CBI conducted raids at seven locations on May 14th as part of a probe into a ₹645 crore bank fraud in Haryana. This is a significant increase in action as the investigation intensifies.

    #HaryanaBankFraud, #CBIRaids, #FinancialCrime, #DigitalEvidence, #PublicFunds
    newsletter.tf/cbi-raids-haryan

  30. Parramatta Council Under Scrutiny as ICAC Examines Apparent Job Irregularities

    ICAC investigates Parramatta Council for job irregularities, including a senior executive appointing an unqualified former colleague. Learn who is affected.

    #ParramattaCouncil, #ICAC, #JobScandal, #PublicFunds, #Corruption

    newsletter.tf/parramatta-counc

  31. Parramatta Council Under Scrutiny as ICAC Examines Apparent Job Irregularities

    ICAC investigates Parramatta Council for job irregularities, including a senior executive appointing an unqualified former colleague. Learn who is affected.

    #ParramattaCouncil, #ICAC, #JobScandal, #PublicFunds, #Corruption

    newsletter.tf/parramatta-counc

  32. Parramatta Council Under Scrutiny as ICAC Examines Apparent Job Irregularities

    ICAC investigates Parramatta Council for job irregularities, including a senior executive appointing an unqualified former colleague. Learn who is affected.

    #ParramattaCouncil, #ICAC, #JobScandal, #PublicFunds, #Corruption

    newsletter.tf/parramatta-counc

  33. The ICAC is investigating Parramatta Council over job appointment issues. This follows earlier inquiries into potential misuse of public funds and staff surveillance.

    #ParramattaCouncil, #ICAC, #JobScandal, #PublicFunds, #Corruption
    newsletter.tf/parramatta-counc

  34. The ICAC is investigating Parramatta Council over job appointment issues. This follows earlier inquiries into potential misuse of public funds and staff surveillance.

    #ParramattaCouncil, #ICAC, #JobScandal, #PublicFunds, #Corruption
    newsletter.tf/parramatta-counc

  35. The ICAC is investigating Parramatta Council over job appointment issues. This follows earlier inquiries into potential misuse of public funds and staff surveillance.

    #ParramattaCouncil, #ICAC, #JobScandal, #PublicFunds, #Corruption
    newsletter.tf/parramatta-counc

  36. ABC Accused of "Billions" Lost in Bluey Deal

    Radio host Ben Fordham claims ABC lost billions on the Bluey deal with BBC. Public funds are questioned.

    #ABC, #Bluey, #BenFordham, #PublicFunds, #BBCDeal

    newsletter.tf/abc-bluey-deal-b

  37. The ABC may have lost billions on the Bluey deal. This is a huge amount of money that could have funded the ABC twice.

    #ABC, #Bluey, #BenFordham, #PublicFunds, #BBCDeal
    newsletter.tf/abc-bluey-deal-b