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Moody's Cuts Aussie Bank Ratings Due To "Tail Risk" Concerns

Moody's Cuts Aussie Bank Ratings Due To "Tail Risk" Concerns

Back in 2007, the ratings agencies were so woefully behind the eight ball in understanding and reporting the credit risks in the U.S. financial system that it was nearly impossible to tell from day to day whether they were really just that incompetent or if they were complicit in the biggest financial fraud in history.  Regardless of which you believe is more likely, they seem intent upon not making the same mistake again...at least not in Australia. 

Trump May Be Right: The 'Five Eyes' Allies Do Spy On One Another

Trump May Be Right: The 'Five Eyes' Allies Do Spy On One Another

Authored by Wayne Madsen via Strategic Culture Foundation,

In a rare public announcement, Britain’s signals intelligence agency, the Government Communications Headquarters (GCHQ), issued a rare public statement concerning a charge by an American former judge that it conducted electronic surveillance of president-elect Donald Trump after his upset victory on November 8, 2016. GCHQ stated:

Australia To Ban Unvaccinated Children From Attending School

Australia To Ban Unvaccinated Children From Attending School

Australia has announced plans to ban all unvaccinated children from attending school, in harsh new rules introduced by Prime Minister Malcolm Turnball.  Turnball says that parents need to vaccinate their children or suffer the humiliation of being excluded from the education system. Under the new law, unvaccinated children from nursery preschool and childcare centers will be excluded from attending.

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