Author | Lightnews

Peter Hill @peterkhill.bsky.social · 10h

The economists we hear from so often have a hard time seeing beyond the market and its limited solutions, even when the market is clearly failing to deliver housing for all.

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Philip Thalis @philipthalis.bsky.social · 10h

If economists were serious about boosting housing affordability, they would be strongly advocating for reforms to assist cooperative housing, so challenging bank lending rules, their inflexible& unjustified restrictions on lending on sub 50m2 apartments.
Oh & they’ld be pushing for tax reform…

Peter Hill @peterkhill.bsky.social · 1d

Good advice.
Once that is done you could also add “support housing cooperatives”, or anything that can bypass the need for private profits.
One day the message will get through that market housing isn’t the way to housing affordability.

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Esther Anatolitis @anatolitis.bsky.social · 17h

"The Palace had put out a statement soon after the Dismissal saying that they had no part to play in the decision that the Governor-General made. We now know that that is completely false."
Meantime here's my scintillating interview with @palaceletters.bsky.social meanjin.com.au/interviews/j...

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Joanna Mendelssohn @oldlillipilli.bsky.social · 18h

@jennaprice.bsky.social asks if this new law a National Shame. The answer, @tonyburkemp.bsky.social , is a resounding YES! #auspol

Article outlining consequences to Indigenous & poor Australians of law to strip payments from those accused, but not convicted, of crimes

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Albert Pinto @70sbachchan.bsky.social · 19h

If 1000 billion dollars for a single human beings work really makes you think about the labor theory of economic value AND the madness of economic reason, do I have the essay for you by @cacrisalves.bsky.social. What Would Marx say?
www.versobooks.com/blogs/news/p...
www.bbc.com/news/article...

Elon Musk's $1tn pay deal approved by Tesla shareholders

The richest man in the world will get hundreds of millions of new shares if he hits his targets.

www.bbc.com

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Low Orbit Tourist 🌍📷 @loworbittourist.bsky.social · 21h

Details of the Garzweiler surface mine - Germany

🌍 : maps.app.goo.gl/JJbyiLQvkJ8R...
4K link : imgur.com/a/h5r35F5

A satellite picture of a large mining site with multiple open pits, exposed earth layers, and water-filled trenches in varying colors. Machinery and vehicles are scattered across the terrain, with a central excavator near the middle. Dirt roads and linear patterns mark the landscape, indicating active industrial activity

A satellite picture of a large open-pit mining site with terraced layers of excavated earth forming curved and parallel patterns. The upper area shows light-colored terrain, while the lower sections reveal darker, systematically mined zones. The scene illustrates industrial-scale resource extraction.

A satellite picture of a landscape with diagonal bands of colorful sediment or rock in shades of purple, orange, black, white, and beige.

A satellite picture of a large open-pit mine with terraced layers of excavated earth in colors like purple, black, orange, and yellow. A flat central area contains buildings and equipment, connected by roads across the site. The stepped terrain reveals geological strata shaped by industrial mining.

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Uncle Duke @uncleduke1969.bsky.social · 1d

Most potential pet owners consider things like breeding, size, coat, intelligence, trainability, and temperament. Often overlooked is the crucially important element of aerodynamics, which can greatly affect your gas mileage, raising the overall cost of ownership significantly.

Fur blowing straight back from the face of a long-haired dog with their head poking out of the window of a moving vehicle.

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McSweeney's @mcsweeneys.net · 1d

"Last week, I watched a flaneur spend his entire afternoon staring at a blank piece of cardboard. When my manager asked what he was doing, the man responded that he was 'Kinda just raw-dogging the Montmartre, waiting for the light to hit.'"

I’m the Owner of This All Day Café in Nineteenth-Century Paris: Can We Stop It with the Fucking Easels?

I opened this café with the best of intentions: to provide a salon par excellence with a focus on good food and live entertainment, a third place t...

buff.ly

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McSweeney's @mcsweeneys.net · 22h

"Call me old-fashioned, but I prefer a city where everyday residents have to work three jobs and are under constant threat of eviction. Anything short of an excruciating existence for the working class just doesn’t cut it for me."

If New York City Is No Longer Going to Be an Unaffordable Police State Run by Crooks, I’m Taking My Hard-Earned Sex-Pest Dollars Elsewhere

“New York millionaires are plotting their exit from the city after the election of Zohran Mamdani, the socialist who plans to increase the taxes of...

buff.ly

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Natalie Haynes @nataliehaynes.bsky.social · 1d

I am obsessed, OBSESSED I tell you, with the incredible fingernails on this hand. How can it look so real, so human, so divine?

#ClevelandApollo

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Peter Hill @peterkhill.bsky.social · 1d

Good advice.
Once that is done you could also add “support housing cooperatives”, or anything that can bypass the need for private profits.
One day the message will get through that market housing isn’t the way to housing affordability.

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Reposted by Peter Hill

Gretchen McCulloch @gretchenmcc.bsky.social · 2d

New favourite example of structural ambiguity

Madeleine Swann @madeleineswann.bsky.social · 3d

Recipe: the key to creamy cream free soup is hiding in your pantry
Person: OK i'm hiding in my pantry, what next?

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Laura Harding @lhsyd.bsky.social · 2d

“Trump walks a red carpet of lawlessness, plutocracy and bloodshed woven by Cheney…someone who might never have risen to power had John Tower not drunk himself out of a Pentagon appointment that went to Cheney—decisively shaped the destruction of constitutional governance in 21st-century America.”

His Works Completed, Dick Cheney, Mass Murderer of Iraqis and American Democracy, Dies

As much as the Trumpists claim to disavow the War on Terror, they walk a path paved by the most powerful vice president in U.S. history.

www.thenation.com

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The Bulwark @thebulwark.com · 3d

Jeffries: "The Trump administration and Mike Johnson are running a pedophile protection program. That's what they've been doing. And that's the reason they refuse to swear in Representative Elect Adelita Grijalva."

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Possum @pollytics.bsky.social · 4d

Au contraire - as a wing of the Liberal Party after the election of John Howard thought: You can lead the National Party to water, but you can only drown them once.

Don't miss.

Pup Fiction @pupfiction.bsky.social · 4d

“You can lead The Liberals to water, but you can’t make The Nationals think”
Traditional Australian saying

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Sarah Murphy @13sarahmurphy.bsky.social · 6d

Gotta love Private Eye.
Always cuts through the crap.

Minority representation on TV causes outrage

There has been widespread support for prominent Reform MP
Sarah Pochin after she complained about the over-representation of minorities on television.
Said one angry viewer, "She's right. Every time you turn on the telly there's another Reform MP being interviewed by Laura Kuenssberg."
She added, "I respect their way of life and their strange customs, but Reform MPs comprise only 0.7 percent of the House of Commons. Yet Nigel Farage is on Question Time more than Fiona Bruce."
"I'm not prejudiced. Some of my best friends are swivel-eyed loons, but enough is enough.
There are too many people with angry red faces on television.”

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Albert Pinto @70sbachchan.bsky.social · 5d

Top 10% by income now getting half of all consumption

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Timothy Snyder @timothysnyder.bsky.social · 5d

Six months ago I wrote this post about “the next terrorist attack.” I republish it now (lightly updated) because my fear of this scenario has recently grown much greater.
snyder.substack.com/p/the-next-t...

The Next Terrorist Attack

And What Comes After (Updated)

snyder.substack.com

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Charlie Warzel @cwarzel.bsky.social · 7d

so @matteowong.bsky.social & I wrote on data centers: arguably the most important buildings in the world & are, in a way, holding the economy hostage. Byzantine financial instruments, private equity, depreciating tech, hype, $trillion valuations. it’s all there. an ai crash prob starts here.

Here’s How the AI Crash Happens

The U.S. is becoming an Nvidia-state.

www.theatlantic.com

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Peter Hill @peterkhill.bsky.social · 7d

Doesn’t seem fair

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David Beard @dabeard.bsky.social · 7d

Ahead of the 1st shutdown of US food aid to hungry Americans in 60 years, some of the 200,000 Little Free Library locations are converting into food pantries. Thanks @littlefreelibrary.bsky.social

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pixelatedboat aka “mr bluesky” @pixelatedboat.bsky.social · 7d

LONDON (AP) — Buckingham Palace says King Charles III will strip Prince Andrew of remaining titles including “Andrew”, curse him to wander the Earth as “the nameless one”

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John Leavitt @leavittalone.bsky.social · 7d

This thread is one of those “Every James Ellroy book is nonfiction” deals

Stephen Blackmoore @stephenblackmoore.com · 7d

With SNAP benefits going to shit because of rich assholes and corruption running rampant through politics I'd like to point your attention to a Clinton.

No, not one of those Clintons. This Clinton. Clifford Clinton.

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Stephen Blackmoore @stephenblackmoore.com · 7d

With SNAP benefits going to shit because of rich assholes and corruption running rampant through politics I'd like to point your attention to a Clinton.

No, not one of those Clintons. This Clinton. Clifford Clinton.

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Jenny Frecklington-Jones #IStandWithPalestine🍉🍉 @joneshowdareyou.bsky.social · 7d

Paul Bronks—

"Me on my way to make some terrible decisions that I'm definitely going to regret later."

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