Nicholas Samios (@nicksamios) header
Nicholas Samios (@nicksamios) profile picture

Libertarian at large.

Sydney
Joined February 2009
Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)Photo by Nicholas Samios (@nicksamios)
Nicholas Samios retweeted
The Australian Govt is akin to a company trading while insolvent. Increasing its workforce by 20 percent is madness. Add on top that, the ‘work’ they do generally makes it harder for private business to make a profit, thus in the long term, it reduces tax revenue. It’s a lose lose economic death spiral. And 2027 is gonna be BLEAK.
Since AlboMP took office, the federal public service has grown by about 45,000 staff, roughly 26%. That's from their own Budget papers. Families are doing it tough while Canberra keeps hiring. In my view, Labor is the party of the public service, not the taxpayer. #auspol🙄
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A packet of Marlboro Reds (20 pack) is $7.80 (AUD) in Greece.
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Nicholas Samios retweeted
They really feel like Laws to STOP your Government being held to account.
NEWS: Our laws to hold digital platforms to account have passed the House.
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Nicholas Samios retweeted
We can honour Helen Haines by continuing her efforts to question the $6 million grant to the Marrickville Golf Course.
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Nicholas Samios retweeted
🗣️ "America is no longer the leader of the free world!" The free world 👇
BREAKING: The town hall of Limoges, built in 1873, didn’t survive today’s riots. The building’s spire has now collapsed
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What happens when the groups behind the rioting get control of France’s armoury?
"Are you optimistic about the situation in Europe?" @FBBlackler Me:
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Nicholas Samios retweeted
France: we need to bring in young people immigrants to pay off the retiree obligations of our older retirees. I don’t think they’ll be doing that
BREAKING: The town hall of Limoges, built in 1873, didn’t survive today’s riots. The building’s spire has now collapsed
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How utterly humiliating for the UK.
BREAKING: The US Air Force has removed all of its bombers from RAF Fairford, the Pentagon has said. Sky's @jonathansamuels reads the US Air force statement trib.al/UpvEoEA
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Nicholas Samios retweeted
Fiscal recklessness from Rudd/ Swan onwards.
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Nicholas Samios retweeted
Obama and Bill Gates want to pause AI. This is why.
Chamath explains the political calculus behind Obama’s anti AI speech “This is a very important moment for a very simple reason, which is that the world is about to endow 3-6 companies with about $10 trillion of wealth.” “And what Obama knows very well is that most of those companies are overwhelmingly left leaning. And what he also knows is that there is a huge portion of that money that will then get put into philanthropic and charitable causes that then he and the people around him will be beneficiaries of." “That is the truth. We already know this because we know that some of these frontier corporations actually ask you to sign up DAFTs and have a portion of your stock that you're willing to pledge. So this money is going to go to things other than consumption or savings. It's going to go into PACs, it's going to go into political movements, and they stand to disproportionately benefit." “So this has nothing to do with prosperity. This is a very simple political calculus. If you freeze frame the economy the way it is today, a handful of organizations that will disproportionately be able to affect the Democrats will win, they will capture the lion's share of the economic gains. And then they will help the Democrats win power. That's all this is."
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Nicholas Samios retweeted
A hack of the Australian Government happens in June through the use of AI. But we only hear about it in September. Just as @AlboMP is in New York arguing for controls over AI. Talk about a stage managed performance. But anyway, the real issue is how in this day and age it was possible to hack into an Australian Government system? Let's not be sucked into the " AI did this, we need to regulate". The real question is " how did our Government have systems that were so open to breach"?
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Nicholas Samios retweeted
Birth rates falling mainly because the Government you constantly defend are taxing honest working Aussies to the poorhouse to fund corruption and idiocy that make honest working Aussies even poorer.
And we now also have the most expensive schooling in the OECD to parents, about 4 times the OECD average, thanks to our world leading (ahem) percentage of fee charging schools! And people wonder why birthrates are falling!!!! theguardian.com/australia-ne…
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Nicholas Samios retweeted
My question to @AlboMP at the @UN earlier today. @thenightlyau thenightly.com.au/politics/a…
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Fiscal recklessness from Rudd/ Swan onwards.
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ALP/ Greens in Australia walking straight into this one.
AI companies warn of existential risk in order to demand regulation. This is the same play as Mattel, Philip Morris, and taxis. Regulation kills competition. Dominant companies always freeze their market position this way.
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Kook and other economists are full of it. The grey in the chart below represents government debt held by the RBA. Shocking since Covid. That’s your inflation, not wages, supermarkets or oil prices.
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