A Weak Society

A liberal society is a weak society. Here's your daily news digest for 29 June 2023.

A Weak Society
Photo by Erika Fletcher / Unsplash
Is liberal society making us ill?
Social contagions plague a vulnerable demographic

Australia

Temporary Win For West Australian Farmers As Red Tape Assault Pushed Back
“The announcement today from the Western Australian Government that it will push back the implementation of sections of its new Aboriginal Cultural Heritage Act is an admission of the substantial impact it will have on local communities,” said Daniel Wild, Deputy Executive Director of the Institute…
Bill Shorten has ‘no problem’ with public servants displaying support for Indigenous voice at work
Comments come after poster on voice was removed from an NDIS commission office over concerns it compromised impartiality
Lobbying firm allegedly planned to funnel money to Stuart Robert in return for favours, former employee claims
The ex-husband of a former owner of a Canberra lobbying firm has used parliamentary privilege to make explosive claims that it planned to offer kickbacks to former Liberal minister Stuart Robert in return for support to win contracts.

International

France erupts in violence after police shoot dead a teenager | The Spectator Australia
Much of Paris was a battleground on Tuesday evening as scores of youths rioted following the fatal shooting of a teenager by police. The 17-year-old, Naël (some reports spell his name as Nahel)…
Russia’s security chief meets with head of Iranian police
The Russian security chief hosts a meeting with Iran’s top law enforcement official, seeking to bolster cooperation
Bud Light Makes Desperate Move to Save 4th of July Sales: Free Beer
It turns out American beer drinkers have longer memories than Bud Light had hoped and they don’t like being insulted.

Business, Finance & Investment

This is the Bank Chart that Is Alarming Fed Insiders
By Pam Martens and Russ Martens: June 27, 2023 ~ Between March 10 and May 1 of this year, three of the largest bank failures in U.S. history occurred. On
What are Top Investment Managers Holding in Their Portfolios?
In this excerpt from our Markets This Month VC+ newsletter, we looked at how five portfolios of super investors shaped up at end of Q1 2023.
Good news for equities. Investors can expect higher liquidity
Putting value to one side, the price of an asset cannot rise unless investors buy it. And, in order to buy it, they require liquidity. Tracking global liquidity can go some way to explaining, if not predicting, the path of asset prices. During the COVID pandemic, global economic policy changes saw g…

Culture

What People Overlook in the AI Debate ⋆ Brownstone Institute
ChatGPT’s responses to computer science examination questions were spurious, but phrased in such manner that their falsity was not immediately apparent
The Bias that Creates the Illusion of an Effective Covid Vaccine
The Bias that Creates the Illusion of an Effective Covid Vaccine. By Dr. Eyal Shahar, a professor emeritus of public health in epidemiology and biostatistics. The prevailing narrative tells us that…
America’s First State Trans Representative Arrested for Child Pornography
New Hampshire police arrested transgender state representative Stacie-Marie Laughton for distributing child sex abuse images. Laughton, a Democrat,…

Crypto & Blockchain

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The Inevitability of Fedcoin | Robert Aro
The Federal Reserve has dedicated an entire section on its website to provide information about its upcoming Central Bank Digital Currency (CBDC). The first sentence on the page reminds readers: … the Federal Reserve has made no decisions on whether to pursue or implement a central bank digital curr…

Postscript

Podcast #906: Stop Being a Complainer
My flight was awful. The restaurant’s service was terrible. The traffic was horrible. My boss is the worst. Our culture is the stupidest. Whenever we get together with other people, we hear lots of complaints, and plenty come out of our own mouths. All this complaining may be ubiquitous, but it’s no…

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