• 6 Posts
  • 374 Comments
Joined 2 years ago
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Cake day: June 10th, 2023

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  • I think the problem arises when you project a view of treating people equally onto someone who does not have such a view.

    “Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.”

    The Gadsden flag expresses support for the freedom of the in-group and the Back the Blue flag expresses support for the oppression of the out-group.





  • I would have liked to see this article delve into the why, but it assumes it’s because of ASIC “red tape” and the solution is to relax requirements on companies. There are a multitude of potential reasons why fewer companies may be listing now, from interest rates and bank lending facilities, availability of public investor capital, changes to superannuation, competition from foreign capital markets and so on, but no mention of any of these.

    ASIC (and ASX) requirements are partly there to protect public investors from getting fleeced, and all of the suggested ‘improvements’ to ASIC’s changes are in favour of business owners with no mention of investor protections.