Open mike 22/04/2025

Written By: - Date published: 8:12 am, April 22nd, 2025 - 10 comments
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10 comments on “Open mike 22/04/2025 ”

  1. Res Publica 1

    Ave et vale, Franciscus.

    As both a Catholic and a progressive, it's often hard to talk about my faith and my politics in the same breath. To many people, they feel like they should cancel each other out: one too rigid, the other too rebellious. One obsessed with tradition, the other allergic to it.

    But Pope Francis showed me—showed all of us—that it doesn’t have to be that way.

    He reminded the world that faith doesn’t have to mean judgment, and that progress matters more than perfection. He spoke in the language of love and justice, yes—but more than that, in the language of humanity.

    He embraced the messy, complicated beauty of people’s lives. He wasn’t perfect, but he never pretended to be. That’s what made him so powerful.

    He made space for all of us who live in the grey, who ask hard questions, who care about the poor and the planet and the soul—and believe those things belong together.

    Losing him has made the world feel a little less bright. Now, more than ever, both the left and the Church need leaders of moral clarity, purpose, and deep humility.

    And all I can hope is that his death doesn’t also mean the end of the tentative, tottering, uncertain steps the Church has made toward a kinder, more tolerant theology—one that we can support, and feel proud of.

    Because even the tiniest steps toward a better, fairer world still matter.

    Especially now.

  2. SPC 2

    The 1% of the 1%

    1.agreed that POTUS Trump would be good for the economy

    2.were playing the long game of survive the autocrat (see Russia and opolyonoploly)

    3.preserving their monopoly

    4.building or preserving an entwined relationship with government

    5.blinded by tax cuts

    6.saw Trump as protection from foreign regulation and taxation

    (more than one)

    But the Trump administration’s policies so far have vexed Big Tech’s "Magnificent Seven" companies — a group consisting of Apple, Microsoft, Nvidia, Amazon, Tesla, Google parent Alphabet and Facebook parent Meta Platforms.

    Since Trump’s inauguration, the Magnificent Seven’s combined market value has plunged by US$4.2 trillion (NZ$7 trillion), or 24%, through Monday (local time).

    It's even worse when the devaluation of the dollar is factored in.

    https://www.1news.co.nz/2025/04/22/us-tech-giants-head-into-earnings-season-reeling-from-trump/

    • mikesh 2.1

      opolyonoploly ?

      Is this related to Apollo (the destroyer) ?

      • SPC 2.1.1

        opolyonoploly

        It is like covfefe – an accidental portmanteau of coffee and coverage

        It refers of course to the oligarchs of Russia, most, the many (polyglot) survived often to invest offshore (areas of foreign languages) to reduce their risk – such as owning property in London, the home of the board game monopoly.

        The assets of the 7 are of a worldwide global economic orbit (thus influenced by tariffs and global regulation).

        I note the projection though, so you see Russia as a judge of the world?

        Do Valdimor’s writings indicate that he sees himself as of an Apollyon cause?

        • mikesh 2.1.1.1

          Do Valdimor’s writings indicate that he sees himself as of an Apollyon cause?

          Certainly more apollonian than dionysian.

  3. SPC 3

    At the aggregate level, adding $50T to the allowed public debt ceiling over the next decade and POTUS demanding the Fed cut their rate, despite a forecast increase in inflation because of tariffs an obvious response.

    Interest rates on US government debt also rose, as investors demanded higher returns for holding Treasuries.

    Spot gold crossed the $3,400 (£2,563) per ounce mark for the first time on Monday.

    Despite all this, expectations are for recession in the USA – thus stagflation has pulled the Volcker (20% Fed rate) stake out and will soon rise once more.

    https://www.bbc.com/news/articles/ce92y3j9v34o

  4. tWig 4

    Big Hairy News expand on the Hamish Campbell story/non-story? question. Two ex-members of 2by2 discuss this with Pat.

  5. SPC 5

    The C of C preferred pathway, financing builds by social housing providers who have land available, or SoHo build, has yet to bolt forth.

    https://www.rnz.co.nz/news/political/558701/community-housing-builds-stalled-as-providers-left-without-financial-security

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