The New Definition of a ‘Goldilocks Economy’

11.07.2016 • Politics and War

From Port Phillip Insider (Australia)-

The news has been full of the callous, senseless killings of five police officers by a sniper in Dallas, Texas.

It happened last Friday evening, US time, after I had filed my copy for Port Phillip Insider.

The news has focused on two points. The first is the disproportionately high number of African-American men killed by police officers.

The second point has again been on the need for gun control in the US.

But as you know, at Port Phillip Publishing, we don’t look at the news on the surface; we dig much deeper. We look and analyse areas most folks dare not touch.

We look at the news (financial and other) with a cynical and sceptical eye. We spot hypocrisy, highlight it, criticise it, ridicule it, and, occasionally, laugh at it.

In this case, laughter isn’t in order. I would like you to read the following extract from a Financial Times article on the Dallas shootings:

The police chief said officers cornered the suspect on the second floor of a building in central Dallas. But when negotiations broke down and gun shots were again exchanged, [police chief] Mr Brown said that police “saw no other option but to use our bomb robot and place a device on its extension for it to detonate where the suspect was.”

I’d like you to stop and read that quote again…

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