http://m.canberratimes.com.au/national/cba-ignored-evidence-of-100m-fraud-20140621-zsh6i.html posted:
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# ? Jun 23, 2014 00:13 |
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# ? Jun 12, 2024 08:04 |
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All banks are scum, news at 11.
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# ? Jun 23, 2014 00:18 |
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Sir Shion posted:Banks are hosed The actions of the financial sector are always the best evidence for "Should we deregulate finance?" "No, seriously, we don't need all this red tape, we're a mature and responsible industry!" *covers up rampant illegality and corruption for profit* "errrr"
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# ? Jun 23, 2014 00:37 |
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Has deregulation ever not resulted in this sort of poo poo? I'm trying to think of an example of an industry that hasn't just used it to gently caress people over. Privatisation too.
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# ? Jun 23, 2014 01:01 |
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Palmersaurus posted:Has deregulation ever not resulted in this sort of poo poo? At times I pull my Fountainhead bed-sheets up tight and wonder if maybe regulation does have a purpose (other than pure evil).
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# ? Jun 23, 2014 01:05 |
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Palmersaurus posted:Has deregulation ever not resulted in this sort of poo poo? Why do you think they do it?
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# ? Jun 23, 2014 01:11 |
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Low hanging fruit but the Arestralian has a knack for presenting data in the worst possible ways: Supposed to show a decline in ATAR standards. I guess it does if you look really carefully at it while trying to make it show that. Also deregulation and privatisation. I have an open challenge for anyone to provide data of any example of a privatisation that has resulted in lower costs and/or prices. To date there has been a single privatised prison in WA given as a positive example (I'm keeping a very close eye on that one). Easy to talk up benefits, hard to actually find them. For instance the first round of economic rationalisation got rid of tea ladies in the 1980's. You'd think that there would be a huge amount of data in showing what a clever move that was by now. http://thisisseriouscom.wordpress.com/2014/05/13/the-tea-lady-an-case-study-of-economic-rationalisation/ In fact quite the opposite turns out to be the case. Cartoon fucked around with this message at 01:30 on Jun 23, 2014 |
# ? Jun 23, 2014 01:28 |
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let's see what Josh Frydenberg thinks about deregulation of fincance (he is a merchant banker and member for Kooyong)quote:It is a pleasure to be here at the Sydney Institute. https://www.youtube.com/watch?v=bQ7xBuljD-M&t=11s V_V DEREGULATE IT ALL STOMP ON THE POORS MONEY MONEY MONEY i got banned fucked around with this message at 01:37 on Jun 23, 2014 |
# ? Jun 23, 2014 01:30 |
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It's not like banks are directly responsible for the biggest economic failure since the great depression or anything.
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# ? Jun 23, 2014 01:31 |
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Zenithe posted:It's not like banks are directly responsible for the biggest economic failure since the great depression or anything. Robbing a bank is one of the few victimless crimes available.
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# ? Jun 23, 2014 01:35 |
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an utterly incompetent shitbag posted:Based on the excellent work done in Opposition by the Coalition’s Deregulation Taskforce chaired by Senator Arthur Sinodinos with deputies Kelly O’Dwyer MP and Senator David Bushby, the Coalition took to the election a detailed policy blueprint which will enable us to cut $1 billion a year in red and green tape. Honest Arthur Fair Dinkum Kelly & 'Grown up' David It turds all the way down.
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# ? Jun 23, 2014 01:47 |
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I put in as much, if not more, effort as they did.
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# ? Jun 23, 2014 01:48 |
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Captain Pissweak posted:I put in as much, if not more, effort as they did.
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# ? Jun 23, 2014 01:55 |
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http://www.theage.com.au/world/north-korea-wants-to-punish-julie-bishop-over-kim-jongun-comments-20140623-zsidt.htmlquote:Seoul: North Korea has condemned Australian Foreign Affairs Minister Julie Bishop as a US "stooge" after she criticised its leader Kim Jong-un in an interview. I hope North Korea send a sub over here, kidnap her and retrain her in glorious North Korea. Also everyone has already forgiven Liberal for its "tough but fair" budget and will vote them into power again next election because austerity owns mate, just look at England and how sweet everything is over there at the moment. Never mind the fact that austerity actually costs more for society (in terms of money because money is the only thing that matters) than having social safety nets in place for the most disadvantaged. i got banned fucked around with this message at 02:09 on Jun 23, 2014 |
# ? Jun 23, 2014 02:01 |
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Guys I don't know why you're so upset with CBA. It's not like anyone tried to go out and actively do harm to others. I am sure they are all just doing what they thought was the right thing. Stop trying to paint your enemies as comic book villains.
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# ? Jun 23, 2014 02:12 |
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^^^ Comic book villains usually aren't just petty, thoughtless, selfish arseholes. They're usually trying to achieve something grander with their villainy instead of just "grab what I can get when the opportunity presents". I'd prefer comic book villains frankly, at least they'd be interesting. Thanks for the blog post Cartoon, that was interesting. It seems there's a lot of "common sense" that goes into business and management decisions that is incorrect. Things like "Austerity is Good" and "Fire staff = more productivity" that are taken as gospel but don't actually work. Work fired our level's admin person and I know that I'm using my time well as a highly paid engineer when I spend two hours at the printer rather than passing that on to her.
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# ? Jun 23, 2014 02:19 |
Today: http://www.smh.com.au/business/the-economy/australias-tax-rate-uncompetitive-says-richard-goyder-20140623-3amw7.html#ixzz35Q7vaj00 quote:The boss of supermarket giant Wesfarmers has backed fresh calls for bigger cuts to made to the corporate tax rate, amid concerns that living standards and jobs could be at risk if Australia continues to fall behind Asia and the developed world in attracting big business. February http://www.smh.com.au/business/wesfarmers-lifts-dividend-as-profit-beats-forecasts-20140219-32zg8.html#ixzz35Q9mBcSf quote:Wesfarmers has once again drawn on its powerhouse retail banner groups such as Coles supermarkets, Bunnings, Officeworks and Kmart, to deliver an 11.2 per cent jump in half-year profit. Get hosed Dick
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# ? Jun 23, 2014 02:19 |
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hooman posted:^^^ Comic book villains usually aren't just petty, thoughtless, selfish arseholes. They're usually trying to achieve something grander with their villainy instead of just "grab what I can get when the opportunity presents". I'd prefer comic book villains frankly, at least they'd be interesting. It's almost as if the entire system we have is set up to reward people for making decisions which give short term cosmetic benefits to budgets(expenses are down!) but don't penalise them for decisions which carry long term consequences(no one knows how to turn the eftpos machine on anymore!)
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# ? Jun 23, 2014 02:29 |
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How strange, whenever I'm trying to choose a place to invest in I always look for the highest taxes and economic decline. Do Wesfarmers know something the rest of us don't?
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# ? Jun 23, 2014 02:44 |
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Completely unrelated but I think I stubled across the LNP's leadership strategy while studying for an exam:quote:Some behaviors that appear relevant for understanding charismatic leadership were overlooked in the theories and the related research. There seems to be a preference for socially acceptable behaviors rather than manipulative behaviors that increase follower perception of leader expertise and dependence on the leader. Some examples of these manipulative behaviors are the following: misinterpreting events or inciting incidents to create the appearance of a crisis; exaggerating the leader's positive achievements and taking unwarranted credit for achievements; creating the appearance of miracles; using staged events with music and symbols to arouse emotions and build enthusiasm; covering up mistakes and failures; blaming others for the leader's mistakes; limiting member access to information about operations and performance; limiting the scope of subordinate work roles; limiting communication of criticism or dissent; indoctrinating new members; using deference rituals and status symbols; and creating barriers to isolate members from contacts with outsiders.
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# ? Jun 23, 2014 02:47 |
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Gough Suppressant posted:It's almost as if the entire system we have is set up to reward people for making decisions which give short term cosmetic benefits to budgets(expenses are down!) but don't penalise them for decisions which carry long term consequences(no one knows how to turn the eftpos machine on anymore!) I'm struggling to convince my work that hiring "cheap" foreign riggers isn't a good move. Yes, I know they "cost less" but we're on a 300k a day vessel, all communication issues has to cost us is 30 minutes a shift (which is easily, easily does) and that's 12.5k every day. I am sure you aren't saving 12.5k a day hiring these guys rather than the expats we usually use.
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# ? Jun 23, 2014 02:51 |
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gay picnic defence posted:Completely unrelated but I think I stubled across the LNP's leadership strategy while studying for an exam: I would call the leaders of the Liberal Party many things. Charismatic is not one of them.
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# ? Jun 23, 2014 02:55 |
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Cartoon posted:Low hanging fruit but the Arestralian has a knack for presenting data in the worst possible ways: Can anyone explain what's wrong with the graph? The number of ATAR 30 - 60 illiterate peasants has increased, the 71-80 group has stayed about the same, 81 - 90 has decreased and the ubermench 90-100 has stayed about the same so isn't that a net decrease in quality overall? public school student sorry
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# ? Jun 23, 2014 03:08 |
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http://www.canberratimes.com.au/business/economists-facing-flak-over-ethics-20140622-3am9r.html Can you regulate economists? Even if you could would it be a good idea?
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# ? Jun 23, 2014 03:08 |
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Jumpingmanjim posted:Can anyone explain what's wrong with the graph? The number of ATAR 30 - 60 illiterate peasants has increased, the 71-80 group has stayed about the same, 81 - 90 has decreased and the ubermench 90-100 has stayed about the same so isn't that a net decrease in quality overall? https://www.teachervision.com/skill-builder/graphs-and-charts/48945.html Cartoon fucked around with this message at 03:19 on Jun 23, 2014 |
# ? Jun 23, 2014 03:16 |
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Rumours of a $40m-50m ABC funding cut going around. https://twitter.com/QuentinDempster/status/480834740224684034
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# ? Jun 23, 2014 03:18 |
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Sanguine posted:
I'd wear this, except that you would have to explain it to almost everyone. You would get more confused, upset, dismissive and disgusted looks then you would wearing an actual wolf shirt. At least with the wolf shirt, you'd get people who look down on you with a sort of disgusted pity. The proof of the pudding is in the eating If you take away the background image it looks like something that might be in a research paper. It's dense, but presents 8 curves with a single glance. If it was interactive, you would hover over the year and grey out the rest, making it somewhat useful. But this is a graph in a newspaper, for the regular folk. Make the pain stop. quote:Also deregulation and privatisation. I have an open challenge for anyone to provide data of any example of a privatisation that has resulted in lower costs and/or prices. To date there has been a single privatised prison in WA given as a positive example (I'm keeping a very close eye on that one). From what I recall of the report on that prison, its has similar outcomes to government operated prisons. Looking at how prisons are being privatised, prisoners are not the target of cost savings measures, its the employees. All I see are mentions of how its all the same, except prison staff are managed by the private sector and don't have access to public service benefits. http://www.dailytelegraph.com.au/op...9-1225795536019 quote:THE controversial privatisation of Parklea Prison has slashed taxpayer-funded overtime for all prison guards by a massive $70,000 a day, ploughing $25 million a year back into the public purse. Fire 200 full time guards, hire 50 casual guards; pocket the difference. What could possibly go wrong?!? Tokamak fucked around with this message at 03:28 on Jun 23, 2014 |
# ? Jun 23, 2014 03:22 |
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Gough Suppressant posted:I would call the leaders of the Liberal Party many things. Charismatic is not one of them. Neither would I. But I suspect they are trying to cultivate that perception.
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# ? Jun 23, 2014 03:26 |
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Jumpingmanjim posted:Can anyone explain what's wrong with the graph? The number of ATAR 30 - 60 illiterate peasants has increased, the 71-80 group has stayed about the same, 81 - 90 has decreased and the ubermench 90-100 has stayed about the same so isn't that a net decrease in quality overall? This is true, though I'd hazard a guess that normal variations could explain away most of those perceived differences. Note though that the 51-70 students are still in the top half of the rankings and the upper end of that would give access to quite a few degrees, they're hardly illiterate. The main thing I take from it is one glance at that mess of data makes it look as though 'something' peaked around 2009 and has since plummeted. Given that title you'd assume it was 'standards'.
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# ? Jun 23, 2014 03:29 |
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Jumpingmanjim posted:Can anyone explain what's wrong with the graph? The number of ATAR 30 - 60 illiterate peasants has increased, the 71-80 group has stayed about the same, 81 - 90 has decreased and the ubermench 90-100 has stayed about the same so isn't that a net decrease in quality overall? The 80-90 band has dropped ~10% over 7 years, and the 30-70 bands have increased by ~10%. Since a 85 course wouldn't change to a 35 overnight, you would expect most universities have had to lower their requirements in order to account for gradual change. So it is essentially saying: all but the most prestigious universities (90-100) have had to lower their entrance requirements, but what does this actually mean? ATAR is only a measure of how popular a course it; it is based on supply and demand for enrolments. Maybe financial incentives have changed, there's more placements being offered, or maybe the perception of financial/job security has been on the decline; who knows? The paper would like you to think the lower score means more dummies are becoming teachers, but that would only happen if the courses were also being dumbed down. If anything standards are being tightened, so while a dumb-dumb can enrol for a education degree, they are far less likely to graduate. The graph says nothing about the quality of students enrolling, or the quality of students graduating. It would sound like a travesty if the ATAR requirements for Science degrees were dropped. But if you enrol with an ATAR score of 50, the odds are against you for graduating. Its just right-winged dog whistling from every imaginable perspective.
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# ? Jun 23, 2014 03:53 |
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Based on the Australian's understanding of ATARs, the rise in petrol prices means we must be getting much higher quality petrol.
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# ? Jun 23, 2014 04:10 |
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Jumpingmanjim posted:Can anyone explain what's wrong with the graph? It's also trying to display a trend over time but doesn't have time as the x-axis. It would be easier to follow if they had each year as the main entry on the bottom, so you could see the changes from year to year.
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# ? Jun 23, 2014 04:21 |
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# ? Jun 23, 2014 04:37 |
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That man can't help but be smug in ever selfie he does.
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# ? Jun 23, 2014 04:51 |
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This afternoon: race riots at Red Hill School as Grade 6 children exercise their right to be bigots.
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# ? Jun 23, 2014 04:52 |
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Personally, I think high achieving students generally make bad teachers. High achieving students often go through school without needing much if any assistance from teachers and don't need to be taught to pay attention and to develop an interest and good learning skills. So they grew up never paying much attention to how teachers controlled the classroom (and often are placed in the classes with other high achievers such that they aren't in rooms that really need to be controlled anyway). Average to slightly above average students generally pay more attention to how teachers direct classrooms (since it's often directed at them) and also have strong ideas about how teachers were able to get them engaged with the material. The biggest thing though, is that people who instantly grasp most material often have a great deal of trouble explaining that material to those who don't, ending up frustrated that students can't understand immediately or don't care to understand. This is my biggest problem when I'm teaching (though since I teach at a university I generally only deal with the former rather than the latter). I have a hard time getting a feel for how abstracted explanations should be, how much can be taught at a high level (with the belief that students will grasp it and the underlying principles immediately) and how much needs to be broken down into smaller components that are explained individually. So I don't really find the movement in ATAR, even if it isn't just statistical noise (which I'm not so sure is that likely), that concerning. That said, perhaps my experiences and the issues I have with teaching are explored in teaching degrees. All I know is that PhD students are pretty poo poo teachers and generally don't have a knack for teaching despite excelling at learning. Fortunately lots and lots of experiences can sometimes make awful PhD student teachers into decent teachers by the time they become professors.
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# ? Jun 23, 2014 05:03 |
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Cartoon posted:Low hanging fruit but the Arestralian has a knack for presenting data in the worst possible ways: I don't see the problem, other than the background image. The graph shows that from 2005-2012 the percentage of teaching degree entrants by ATAR score is increasing across all bands 30-70, and decreasing for all bands 70-100. I agree that this doesn't say much about teacher quality or address reasons why this may be the case (probably the increasingly poo poo conditions of being a teacher making it less attractive as a career choice, but what do I know). Teaching is the one profession where it is entirely appropriate to abandon common sense, they should always be getting better all the time even if we slash their conditions because education is a hermetically sealed environment, teachers teach teachers, so education standards should always be going up because progress!!! Another star piece of public policy from the generation that brought you the idea that 'house prices always go up!'. Flaky fucked around with this message at 05:20 on Jun 23, 2014 |
# ? Jun 23, 2014 05:14 |
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The underlying assumption is that the best students make the best teachers. Anyone who's seen what happens when a Best Student runs head first into a teaching degree will understand how hilariously and disastrously wrong that assumption is. Unless of course you believe that what we really need in our schools is a bunch of neurotic sycophants who can't relate to any students with sub-genius IQs... oh Also when you look at what a 91-99 ATAR lets you do at uni, as well as the type of personality required to achieve that kind of score, it's pretty loving obvious why none of them want to spend years studying for a $60k job with almost no realistic prospect of full time work in the first two or three years out of uni. That aside, you shouldn't even be allowed to enrol in a teaching degree until you're at least 25. Smegmatron fucked around with this message at 05:32 on Jun 23, 2014 |
# ? Jun 23, 2014 05:26 |
Gough Suppressant posted:I didn't think any canadians played hockey, I thought they only played ice hockey Hockey is played on ice, field hockey is the one no one here plays
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# ? Jun 23, 2014 05:32 |
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# ? Jun 12, 2024 08:04 |
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NSW Greens have just voted to block supply 8D
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# ? Jun 23, 2014 05:34 |