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EYE-BALL’s Herman on – The Tears of a Prime Minister –
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Links to Previous ‘Herman’ Posts:
- 24th Mar - An Example of bureaucracy gone mad - - 10th Mar = The Carbon Tax – Post Election … - 7th Mar – Wayne Swan – Please Stop 28th Feb – The Australian Labor Party View - 6th Feb – Corruption - 25th Jan – Anti Discrimination - - 17th Jan 2013 – Atheism - - 12th Nov - Hegemony - 2nd Nov – A March early Federal election - To see more EYE-BALL ‘Herman’ posts: |
Title: - The Tears of a Prime Minister - | Author: EYE-BALL’s Herman O’Hermitage | 19th May 2013 | |
| T HIS IS TRULY AMAZING – AND WORTH THE EFFORT….MATH QUIZ: Reveals your favourite movie!!
I did it in my head, then on paper, and finally on a calculator just to confirm my numerical capabilities. Each time I got the same answer, and sure enough it IS my very favourite movie EVER! You will be AMAZED at how scary true and accurate this test is. Movie List:
I received this joke by e-mail in mid February. The strangest part is the sender was a former ALP member and Candidate. Such is the disaffection for this government. On November 24, 2007 I worked with this fellow at Narraweena Public School in the seat of McKellar, passing out ALP how to vote info. To each person as they walked out I said “Have a nice night” and to those who took ALP paraphernalia off me, I commented “you will have a good night”. Recently I have been asked to enter a sweep on election night what time will Julia make her concession speech? At the last election I predicted that the result would be unknown at the time of closing the national tally room on the Saturday night, I predicted the result would be called mid Sunday afternoon. I was only out by 2 plus weeks, and I believed that Windsor, Oakschott and Katter would join a coalition government. As the Coalition won 73 seats, that appeared to be consistent. For some time, I have been doubting this parliament will last until September 14. Now I am convinced it will. To hear Abbott last Thursday affirm September 14, means that the opposition are working to this schedule. Therefore the polling stations will close on the east coast at 6pm, and meaningful data will be available from 7.30pm. By 8pm Central Australia polling stations will be showing a tiny glimmer of hope for the ALP, but by 8.30pm when the first data comes in from the West Coast the East Coast will have about 65% of votes counted, and a 9% swing in Qld, a 8% swing in NSW, and a 6.5% swing in Victoria and 5% swing in Tasmania will see the coalition already having won 75 seats. At that time in Tasmania the Coalition will have won 3 of the 5 seats. At that time it will be announced Julia Gillard is expected to address the nation in about 10 minutes. It will be about 9pm before the cameras finally cross to the PM. There will be no tears. By that time our Julia will have cried herself out. She will be stoic, and composed. She will have been marginally conceded her own seat of Lalor in Melbourne’s Central Western suburbs with a reduced majority. Her current 1st preference vote is over 64%. Knowing she is to vacate the lodge, she will want to retire, and will definitely state she will throw open the ALP leadership. Wayne Swann will lose his seat of Lilley. Kevin Rudd will be regularly featured on Channel 7. Even for him it will be uncomfortable. He will refrain from saying I told you so, and he will be constantly asked if he will seek the leadership only to respond he will do what it takes to rebuild the ALP brand. What he really wants is to break the grip of the ACTU and several unions that include AWU, TWU and ETU. Prime Minister Abbott will be an ally in that cause, at that time. I bumped into John Murphy today. He is the ALP member for Reid. That seat is right in the coalition targets. I asked him how he is doing? He replied OK. He was betting on the gallops and while ever the politician that was his focus. He asked where I live, and I told him in Grayndler. He mentioned what Albo was up to. They always assume you are a stool pigeon. This week parliament has been illuminating. On Tuesday Swan gave a rather commanding budget speech, but afterwards I felt very hollow. On Thursday I was truly shocked how Abbott turned his speech into a campaign launch. And it was so effective. His promise on conclusion to work for the people of Australia, looking straight into the camera. Simply so effective. This brings me to the tears, and the sad part. For the next 4 months we are basically rudderless. A government only interested in improving their electoral stocks, an opposition hell bent on meticulous planning and no bad publicity, ipso facto by election day the only real issue is how can you cast a senate vote, so that the coalition is kept in check. On Thursday morning our PM was nearly in tears talking about the NDIS in Parliament. It is to be her epitaph. Sorry Julia, as hard as people may try you don’t get to write your own history. It is hard to expunge the Schools Building program. We will go on giving a Gonski for decades to come. Most importantly, Disability care is still rather conceptual, and the detail is still to come. On March 11, 1983 John Malcolm Fraser gave his concession speech to Bob Hawke, and nearly broke down in tears. Hey Mal, life wasn’t meant to be easy! So choke on it! Thirteen years later Paul Keating knew his time was up, and his speech was so confident, it was even vain glorious. That what I see for our first female PM. The tears will be in trying to turn things around. By 9pm on September 14th there will be no tears left. John Murphy turns 63 in a fortnight. By September he will be just shy of 15 years as MHR. He can retire gracefully. In late September Julia Gillard turns 52. She will have 15 years as a MHR and over 3 years as PM. She will constitute our 7th surviving former PM. 52 is just too young to retire. Any job offers out there? |
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EYE-BALL’s Guru on – The Wayne Swan 2013-14 Federal Budget – A Special EYE-BALL Guru Report Part 1 -
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 Latest GURU Posts:
- 14th May – When is Government a Business and – when is Government a Government - - 13th May – Wayne Swan’s “Treasury Mistakes” – The Evidence of Incompetence – a Ponzi expert in the making. - 10th May – Wayne Swan’s “Treasury Mistakes” – A Follow-Up - - 29th Apr – Wayne Swan’s “Treasury Mistakes” – Heads must roll – Swan and Bradbury must accept responsibility’ - - 23rd Apr – Wayne Swan’s – “Investment pipeline” - disappearing before his eyes – where does he go for his next ‘bunny excuse’ - - 21st Apr – Wayne Swan’s legitimacy – He Says … ‘high A$ causes $7.5b hole since Oct ’12′ – He’s a unique type of idiot - - 14th Apr – The Debt Clock ticks … Tic Toc … – Gillard just spent another $3,000 – counting the real cost of this ALP Disaster - - 5th Apr - Superannuation 2013-14 - the Government’s new Slush Fund – Proposed Changes show SWAN and SHORTEN’s stupidity - - 4th Apr - Australia’s Parliamentary Remunerations - - 3rd Apr – Government not happy about its tax collect – Claims Tax Minimisation deserves ‘Naming and Shaming’ - To see more GURU posts: – click here … |
Title: - The Wayne Swan 2013-14 Federal Budget - - A Special EYE-BALL Guru Report – Part 1 - | Author: EYE-BALL Guru | 18th May 2013 | |
 Treasurer Swan’s 2013-14 Budget speech has been delivered, Mr Abbott’s reply likewise – the verdict is in the eyes of the beholder.
Swan’s ‘Groundhog Day ‘ promise of another surplus some years hence tests us all. His creditability lies in tatters and he has again applied for another $50 billion credit over the forward estimates. In reply – Abbott was slick, concise, and maintained his ‘small target’ image that so infuriates the ALP. Abbott does not have to beat a drum, offer lollies, or make anything bigger that it has to be … come September it will all fall to the Coalition as the toxic ALP brand drags itself over the cliff into the abyss. Swan’s vision of Australia’s future is a fantasy of his own imagination, ever hopeful the electorate will believe some time before the Sept ’14 election. Gillard and company want the ‘cock-fight’, a gutter contest where they believe they can best Abbott. The electorate have turned off Labor causing the rant that beats to their angst. They are a confused and manic mob probing for any leverage to engage an already disengaged public – the echo of the death-knoll sounds in the background as the funeral march as begun. For any ALP message to penetrate, they have to first have to deal with the ‘creditability’ issues. The Coalition advertising campaign will not let us forget the promised and failed surplus’ and more. Swan’s current budget exposed all the ‘grave-holes’ prepared over the past six years and they have now became uncovered for all to see. The task is how to link the ‘zombies’ lurking in the pathways that hold the keys that protect all these budget black-holes. It is time to expose Swan’s PONZI scheme designed to defraud Australia under the guise of ‘Jobs Jobs Jobs’ and a lunacy that lies to protect itself from the truth. Table 3 below helps reveal the numbers that entrap Swan in his past manipulations with the Budget forecast/estimate numbers – Swan has become good at moving them around and putting them back together every year to come up with a newer version that fits the political agenda and message for the time. This fraud began in the turmoil of the GFC spend, and has continued ever since. Unaccounted for spending across all the stimulus initiatives is still a matter not resolved, compounded by the Gillard agenda to socialise our political landscape. Gillard has no financial kudos, she comes from the criminal side of ‘Lawyerville’ … and fraud is no stranger to her or a number of her AWU partners in crime. What’s a few hundred $billion between comrades all from Union careers steering this Nation to a vision only shared by a small minority. Gillard and her cronies are the apocalypse … they have hijacked traditional Labor values and voters are wise enough to see the future under a brazen hussy without a moral bone in her body. But beyond the obvious, proof is needed to confirm the fraud … and it is contained in the Swan Budgets, their forecasts, and the reality of how those estimates and forecasts compare with the actual results. The Result numbers don’t lie …
In addition, remember these words spoken by Mr Swan in his Budget speech May 2012 -
Those promised surpluses lay in tatters as Swans horror’s all come back to haunt him … The forecast budgets for 2013-14, 2014-15, and 2015-16 all predicted as surplus’ 12 months ago, now have headline forecast results of:
…and Mr Swan now believes he can deliver a balanced budget in 2017-18. The reality of these numbers are daunting in the backdrop of a global financial crisis where debt is the enemy. Gillard and Swan have walked us to the edge of the abyss and they think they have done no wrong. Swan so often uses the words ‘envy of the world’ when he talks about Australia’s economic numbers and the current debt/GDP levels. The mind boggles at Swan’s flippancy and the post mining boom direction this Nation is headed toward. The rest of the economy is already on life support due to inaction by both the Government and the RBA to do something to stem the impact of 10 years of high A$ value. Where will Swan turn when the resource ‘cash and carry’ trade unwinds and capital flows out of Australia? Why will his rabbit look like when interest rates begin to rise and revenues really do begin to fall away? Swan predicted surplus’ in his first ever budget in May 2008 as follows:
These original forecasts predicted a cumulative surplus of $85.6 billion over the next four years. The cumulative total of ‘actual’ Budget results since 2008-09 is a total of $205.3 billion in deficit’s and new debt. That is a difference in ‘forecasts verses actuals’ through 2008-09 to 2011-12 of $290.9 billion. That is a $12k+ spend for every man, women, and child in this Nation. 2012-13 was to be the return to surplus followed by another 3 years of surplus’ as Swan told us in May 2012. Well the 2012-13 result is now forecast at $20 billion deficit with another three years or forecast deficits to replace the surplus’ Swan promised 12 months ago. Swan wants to say that the Australia’s GDP/Debt ration is the envy of the world – without China buying our resources, we might not have that luxury … Swan does not get it … Howard Costello spent 10 years paying off the Hawke/Keating debt legacy, and then all Rudd, Gillard and Swan could do was open the credit card again. There was reason in 2008-09 with the GFC threatening. But by 2009-10 China had saved us yet the spend continued in even increasing budget deficits. Swan, Wong, Gillard, and the other MP’s tasked with selling the Budget message, will only want to talk to questions on the future. Yet – until The Government answers questions on why the Treasury modelling got it so horribly wrong, Swan and the Government’s creditability will be like the opinion poll forecasts … nada, nada, nada … no more thankyou … In the ‘Budget Speech’ after-show media frenzy – and you really should see some of the ‘Front Page’ cartoons the morning after, ‘and to give you a glimpse two more have been pasted below – many thanks for the easy cut and past option from the Newspapers concerned, and to that end I have tried to accredit where possible…’ Some Levity … The Australian Front Page Post Budget morning: The Courier Mail post budget: Watching ‘News 24′ after Swan delivered his Budget, I felt sick listening firstly to Swan, and then to Wong as they both provided their sales pitch and narrative to the budget just delivered. Their version of the fraud was all about hard-selling the ‘revenue writedowns’ in efforts to rewrite history. Reaction to the Budget from political experts, economists , and industry groups has been one of porous scepticism. Commentators on the ALP loving ABC the next morning were fragile in their optimism … Swan’s creditability was not something they wanted to talk about at length. The media had already focused their attention on Abbott’s reply … could they be more obvious … that Michael Rowlands is one heck of a goose … All this ‘noise’ … and the most likely outcome is that Swan’s best efforts will sink faster than the ‘Titanic’ as the election rolls on and the polls decide Gillard’s and Swan’s fate well ahead of the election date. Interestingly though – at the National Press Club address on the Wednesday after the Budget speech – Swan boldly stated that he expected the ALP to win the next election. He commented on the continued ‘small rubber-ball’ target the Opposition Leader represents and that all the drama has been around the Government. His performance at that National Press address and during the Q&A after was full of hubris and dismissive to say the least – questions with 3-4 prongs and taking 40-50 sec to ask were answered with one liners and one word responses. It was contemptible and gave all the indication that the journo’s in attendance neither had the balls or the knowledge base to challenge Swan and put him down with questions that challenge everything he presents as factual. End of Part I …
Meanwhile some reading of the 2013-14 budget papers can be obtained via the links below. The 2013-14 Budget: - |
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EYE-BALL’s Harry’s Growl on – Election 2013 – Growl No: 38 – Swan’s Rubbery Figures – A “Waste of Space” Oddity … by Parody …
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Latest ‘Harry’s Growl’ Posts:
Larry Pickering Cartoons – Updated 17th May 2013 – click to view in a new window:
To see more of Pickering’s Political cartoons – use this link … 2nd May – Election 2013 – Growl No: 37 – Police Investigation into Gillard – When will the Media do their job - - 22nd Apr – Election 2013 – Growl No: 36 – Minister Jenny Macklin – Delusional and in Complete Denial - - 19th Apr – Election 2013 - Growl No: 35 - - 8th Apr – Growl No: 34 – The S.S.S – Scumbag Slippery Slipper - 8th Apr – Election 2013 – Growl No: 33 – When the she cat is away – you’d think the other side would come out & play - - 7th Apr – Election 2013 – Growl No: 32 – Senator Wong gets the wobbles – steps up and proves she’s in over her head - - 6th Apr – Election 2013 – Growl No: 31 – Playing with Rubbery things – Wayne Swan and his Rubbery Numbers are about as honest as Gillard and her rubbery Caucus Numbers - - 5th Apr – Election 2013 – Growl No: 30 – A sequence of reasons why this Government should be ROASTED - - 4th Apr – Election 2013 – Growl No: 30 – Gillard – continues to Blame everybody else - - To see more EYE-BALL Harry’s Growl posts: click here … |
Title: - Election 2013 - Growl No: 38 - - Swan’s Rubbery Figures - - A “Waste of Space” Oddity … by Parody … | Author: EYE-BALL’s Harry’s Growl | 17th May 2013| |
| Latest Pickering images – 3 New Cartoons added 17th May 2013 – see image links to the left.
The Swan Budget is done … the Reply speech is done … now the politics begins in who can sell the better message … the following YouTube clip is a true and humourous assessment of the past Swan Budget’s … enjoy … |
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Have your say where it counts: – contact your Local Federal Representative via the links below and let them know how you feel about this, or any other topic that you feel strongly about – or you can just post a comment below and let off some steam. Links to Australian Parliamentary Website – MP’s:
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EYE-BALL’s Guru on – When is Government a Business and – when is Government a Government -
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| Latest GURU Posts:
- 13th May – Wayne Swan’s “Treasury Mistakes” – The Evidence of Incompetence – a Ponzi expert in the making. - 10th May – Wayne Swan’s “Treasury Mistakes” – A Follow-Up - - 29th Apr – Wayne Swan’s “Treasury Mistakes” – Heads must roll – Swan and Bradbury must accept responsibility’ - - 23rd Apr – Wayne Swan’s – “Investment pipeline” - disappearing before his eyes – where does he go for his next ‘bunny excuse’ - - 21st Apr – Wayne Swan’s legitimacy – He Says … ‘high A$ causes $7.5b hole since Oct ’12′ – He’s a unique type of idiot - - 14th Apr – The Debt Clock ticks … Tic Toc … – Gillard just spent another $3,000 – counting the real cost of this ALP Disaster - - 5th Apr - Superannuation 2013-14 - the Government’s new Slush Fund – Proposed Changes show SWAN and SHORTEN’s stupidity - - 4th Apr - Australia’s Parliamentary Remunerations - - 3rd Apr – Government not happy about its tax collect – Claims Tax Minimisation deserves ‘Naming and Shaming’ - To see more GURU posts: – click here … |
Title: - When is Government a Business and - - when is Government a Government - | Author: EYE-BALL Guru | 14th May 2013 | |
Where does a Government get the ‘creds’ to measure its own responsibilities in business like terms when forecast revenues, budgets, and underlying debt become challenging? Mr Hockey is heir to the Treasurer throne and will be the Treasurer in a few months. Understanding his belief system is very important to what he will bring to the table as a Treasurer. In a speech delivered a little over 12 months ago to the INSTITUTE OF ECONOMIC AFFAIRS in London – link to full speech – Mr Hockey spoke at length about the ‘era of entitlement’. The speech is a road map to Hockey’s mindset about Government and its overriding responsibilities. At face value the comments may seem naive and Liberal policy sabre rattling. If Mr Hockey believes everything he said in his address, then that is a little frightening when we look at the developed world, the GFC after taste, the ongoing and unsolved global debt burden, and the extent of the people suffering under austerity measures. Hockey’s vision can be seen as a Government trying to implement business type models and act like a business wanting to disengage from the true and overriding responsibilities of Government. If that is overstated, then at the very least he wants to hit the reset button and allow a review on the real purpose of where Government sees itself into the future. An example of Hockey’s belief system …:
Surely Mr Hockey understands that it is the politician who makes the promises to get re-elected, and then spends the money on policies to remain elected. Does he suggest his Government will be different? Identifying the problem does not solve the problem!!! In contrast, my last few posts have taken Mr Swan out for a spin and proved his dunce-hat status when it comes to his ability to understand currency value, and its impact on the trade wars that exists and ignite around labour costs, the efficiencies of Industrial Law, and with a workforce and welfare receipent base all resistant to any form of wage/pension reductions. Mr Swan’s answer has been to fund the revenue shortfall with new debt, and rather then rein in new spending, his Government has set the wheels in motion with more and new large ticket policies that will mortgage the Nation even further into the future. Mr Hockey in his address above sees the madness in Swan’s logic and intent. But then Mr Hockey swings the pendulum toward a commercial context and that puts his position as a politician serving the people, at odds with the responsibilities of any true democratic Government. It is only with a review of history that the mistakes made back then can be revealed in the present. Howard’s middle class welfare spend is where the problems started and currently exist. Having given that welfare help to people who did not really need it, how does a Government try to take it back from those who already have it. And in the face of a GFC aftermath that has seen reduced work hours and the only real jobs growth in part-time employment. For voters the choice is easy – give Gillard the reins and see the Nation become another Greece, or Spain within 3-5 years, of give the keys to Abbott, hoping and trusting his team know what they are doing. Hockey’s Budget reply response on Thursday will be a real test for the ‘big’ now ‘much smaller’ man. He is yet to shine on his own in matters of finance and Treasury. His financial blueprint for an Abbott Government could set up an early election via a ‘no-confidence’ motion in coming weeks. If he fails – it’ll be back to the drawing board and Mr Swan will get to swoon for a few more months – all to Australia’s detriment.
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EYE-BALL Opinion – Just Stunningly Beautiful – Jackie Evancho – With Talent like this there is amazement … enjoy -
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 Latest ‘EYE-BALL Opinion’ Posts: - 11th May – Budget 2013-14 – Wayne Swan about to deliver an ALP death notice - - 8th May – Truthful and Honest Government – the expectation of a Nation as opposed to – Corrupted integrity and Dishonest Government - - 6th May – Gillard’s Real Problem – a truthful expose on her past deeds - - 5th May – The Drugs in Sport Scandal - it’s not about the DRUGS – it never was … - 5th May – Free-to-Air TV and NRL Broadcasts – it’s definitely not about pleasing the fans - - 4th May – Truth and Clarity of facts count – the real cost of Gillards asylum seeker policy - - 27th Apr – Gillard’s long walk of shame is almost nigh – her past is about to catch up with her … - 25th Apr – Prime Minister “JEZEBEL” - Does she deserve the Respect of the People? - - 24th Apr – The Australian’s Hedley Thomas & Friends – Still hunting down Gillard over the AWU Scandal - To see more EYE-BALL ‘Opinion’ posts: |
Title: - Just Stunningly Beautiful - - Jackie Evancho - - With Talent like this there is always amazement … enjoy - | Author: EYE-BALL Opinion | 13th May 2013 | |
 So much of what is presented on this site is serious and confronting – below are a series of YouTube presentations that will change you view on just about anything. Thankyou Colin S. for sharing this precious gem of a voice.
If you don’t get goosebumps listening to this angelic voice then you are cold inside. I confess to tears and a overwhelming sense of emotion … it encapsulated me and I felt transported. I just could not get enough and went searching for more. I decided to share this experience and I hope that if you have never heard of Jackie before, this offering will do to you what it did to me. Listen and enjoy … After hearing and watching this performance I went looking for more …
It all started here … Enjoy the rest and marvel at a voice that can change a life … This has 46 individual videos – play them individually by visiting the YouTube website and watch and listen there … linked here … This clip has 38 individual videos – some duplicated … play them individually by visiting the YouTube website and watch and listen there … linked here … Below are some other special moments: |
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Have your say where it counts: – contact your Local Federal Representative via the links below and let them know how you feel about this, or any other topic that you feel strongly about – or you can just post a comment below and let off some steam. Links to Australian Parliamentary Website – MP’s
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EYE-BALL’s Guru on – Wayne Swan’s “Treasury Mistakes” – The Evidence of Incompetence – a Ponzi expert in the making.
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| Latest GURU Posts:
- 10th May – Wayne Swan’s “Treasury Mistakes” – A Follow-Up - - 29th Apr – Wayne Swan’s “Treasury Mistakes” – Heads must roll – Swan and Bradbury must accept responsibility’ - - 23rd Apr – Wayne Swan’s – “Investment pipeline” - disappearing before his eyes – where does he go for his next ‘bunny excuse’ - - 21st Apr – Wayne Swan’s legitimacy – He Says … ‘high A$ causes $7.5b hole since Oct ’12′ – He’s a unique type of idiot - - 14th Apr – The Debt Clock ticks … Tic Toc … – Gillard just spent another $3,000 – counting the real cost of this ALP Disaster - - 5th Apr - Superannuation 2013-14 - the Government’s new Slush Fund – Proposed Changes show SWAN and SHORTEN’s stupidity - - 4th Apr - Australia’s Parliamentary Remunerations - - 3rd Apr – Government not happy about its tax collect – Claims Tax Minimisation deserves ‘Naming and Shaming’ - - 31st Mar – The Cyprus Bail-out - - 31st Mar - Australia’s Debt – and the idiots Managing the Treasury - - 20th Feb – Australia’s Parliamentary Remunerations - Part II – Entitlements and Allowances - - 13th Feb - Australia’s Public Sector Remunerations Part I – Parliamentarians “Base-Salary” and “Additional” entitlements - - 31st Jan – The Devil is in the Detail, there is none – Gillard chooses shock, awe & Spin over Policy - - 23rd Jan – The Turmoil is Already here – We just have to accept what is coming - - 22nd Jan – The Turmoil is beginning - Japan’s Economic Stimulus to tip the scales - To see more GURU posts: – click here … |
Title: - Wayne Swan’s – “Treasury Mistakes” - - The Evidence of Incompetence - - A Ponzi expert in the making – | Author: EYE-BALL Guru | 12th May 2013 | |
Link to all Post in Series:
This post has been edited 13th May 2013.
Extensive extraction of the data allows a full disclosure of the 2012-13 Swan budget. That research is further produced below. Financial analysts working for media outlets have the same information as do the countless Bank and other Financial Institution Economists. These ‘plebs’ or would be discoverers number crunch every day looking for the dark holes in financial reports. The Federal Budget is the biggest game in town – and yet the void of challengers prepared to call Treasurer Swan out as fraud and liar number so few. The collective voice has been to allow the Government to sell its ‘revenue write-down’ message whilst those who would and should oppose appear content. As with the 2013-14 and every other Budget before, Journalists are locked away in the days before the Budget speech with their expert number crunchers and given free rein to do their analysis ahead of the Treasurer speech. Nobody pays any attention to the full Financial statements – all the attention is on the cash flows and the bottom headline line number outlining whether it be a surplus or deficit. The tweaks within the budget impacting taxpayer ‘gives and takes’ are the other half of the story. This author has skills in this type of research and the data represented hereto is an honest appraisal of the facts available, and with the use of some basic logic, and applying some human instinct, and behavioural expectations, the summaries and outcomes made hereto have foundation. Up first – Treasurer Swan deliberately mislead the House in his 2012-13 Budget forecasts. He stood and announced a set of numbers he knew to be false – i.e. revenue expectations, and all to a purpose to allow the Government to live the fantasy they delivered on the 2010 promised budget surplus for 2012-13. The House jeered Mr Swan when he made his speech – see YouTube link here. Treasurer Swan gave an increased revenue forecast of 11.23% over the previous years than unconfirmed growth of 9.11%. The 2010-11 forecast number was an overreach as well missing its target by some $12 billion – see Revenues Table below. Trend growth before these numbers and since 1997 was 6.6%. Why would Mr Swan predict revenue growth year on year above a 15 year average trend growth? The only other time since 2000 where revenues have increased anywhere near or above the forecast 9.11% predicted in 2011-12, happened in Howard’s term during 2005-06 when the forecast was 10.48%, and again in 2007-08 when it was almost 27%. That 27% remains double any previous years best performance. See link here to see Table to prove these numbers. New Revenue and Expenditure Tables below compare ‘actuals’ and ‘forecast’ budget numbers. Revenues:
This Table presents Forecast Budget Revenues as declared every May for the following Financial year, and then measures that forecast against the actual reported result. These results report from 2001. As can be seen, under Howard revenues always exceeded forecast, but under Labor, revenue forecast always exceeded actuals except for the 2009-10 year. In fact – during the Howard years the forecast verses actual provided windfall revenues of $88.8 billion from 2001 to 2008. Yet – the ALP record since 2009 shows revenue shortfalls in the same context of $59.2 billion. Swan has overestimated revenues every Budget he has delivered and wants us all to believe the 2012-13 failed surplus is yet again because of revenue writedowns because of the high $A and the effects of the GFC. Mr Swan excels in his magicians ‘rabbits in a hat’ and ‘jokers’ he pulls from his deck of card trick. He often confuses himself with his interchangeable reasoning. Expenditures:
Under this ‘Expenditure’ Table extraction – both Howard and the ALP Government’s allowed actual expenditures to exceed their forecast values. In Howard’s era from 2001 the total spend excess value was $56.7 billion, and under the ALP since 2009 the value is $46.5 billion to the end of the 2012 year. The 2012-13 number is not available but according to announcements, it is expected to be near forecast values. The Carbon and Mineral Rent Resources Taxes: Carbon Tax: The Carbon Tax came into law as the Clean Energy Future Legislation in Dec 2011. See Legislation link here … This new Tax had the following agenda – and as paste from AustralianPolitics.com - [Note ... this resource has publicly advised that it is closing down and all links used from the source will be broken. In that light, the text in the above link is pasted below. The media statement referred to is no longer available on the Greg Combet Media Release statement library.]
Noise … Noise … Noise … You read the ‘Clean Energy’ promised spends right … Greg Combet believed in everything he was saying on that night and would never have entertained a view would turn out to be mostly fairy tales, all made up to sell a new tax to create a revenue illusion. A tax that has no direct benefit in the global warming hoax, a tax that was hatched on the back of the alarmist theory to the global climate change phenomena engulfing the globe. Combet is now knee-deep in his own ICAC inquiry into his relationship to disgraced former NSW Resource Minister Ian MacDonald. Combet’s demons are coming back to haunt him. see story here … The forecast Carbon Tax revenues were estimated as: Source linked here
The forecast revenues from the Carbon Tax across the forward estimates amount to almost $21 billion from 2013-14. Mr Swan is now using these numbers to justify revenue writedowns across the forward estimates. Talk about floating a boat … The forecast MRRT and PRRT revenues i.e. Resources Rent taxes were estimated as: Source linked here
These forecast revenues from the Rent Resources taxes across the forward estimates amount to almost $18.5 billion from 2013-14. Combined with the Carbon Tax forward estimates, this makes a total of $40 billion of lost revenue across the forward estimates. That represents 50% of the $80 billion Mr Swan claims has gone missing across the forward estimates. Can it be said that the forward estimates were inflated in the first place? That Mr Swan was creating a false set of numbers so he could deliver a promised budget surplus? And if that be so – that then leads to the allegations that Mr Swan mislead the House on Budget night in his Budget estimates and deliberately so… the only other explanation can be that gross incompetence was involved – and yet he is still the Treasurer. The Carbon emissions trading scheme was to be introduced with a floor carbon price of $23/tonne. In the last week Combet announced the abolishment of the promised tax concession worth $1.4 billion that came attached to this scheme. Link to media release … All the future promises made as outlined in the Clean Energy Bill media released published above are all now doubtful, with exceptions for those already paid, and/or already locked into future benefits payments. With all the ‘mendacious’ pomp and ceremony Combet used to promote the Carbon Tax and its Emissions Trading scheme, and the ‘mud-in-you-eye’ slurs aimed at the Opposition, will Combet now eat his ‘humble-pie’ and line up for the free shots aimed at him? Budget Forecasts: Let’s face it – crystal ball forecasting is all Treasury estimates can offer given the global economic turmoil we and the rest of the world are dealing with. That is not to diminish the Government’s responsibility in any way to deliver honest Governance. How dare they hide behind what they do not know. If the future is uncertain on any scale where revenues are circumspect, surely the prudent and responsible thing to do is the practice restraint and try to encourage the same with the electorate. You do remember the 40% pay increases the Federal Government all voted themselves after Gillard ousted Rudd in 2010? Previously Rudd had imposed a freeze on Parliamentary pay increases. Decades of Government’s getting into power based of election promises and once there, applying a different set of policies and rules to stay in Government is the cause of the GFC in the first place. Prime Ministers come and go as do Treasurers and the like, their mistakes remain for the next lot to fix and the likes of Gillard and Swan get to walk off into the sunset on lifetime pensions we can only dream about. If the Government were to have the same accounting and prudential standards as public listed companies, and the electorate were the shareholders, the shareholders would have receive no dividends since Labor took office. In addition they would have had to top up their shareholdings with new equity to cover the ‘deficit(s)’ and the new debt created as a result. Under Howard’s 11 years in office – those same shareholders would have received dividends each and every year. This is the measurement of the competence of this ALP Government in a business like assessments. They SUCK!!! In fact – the laws Swan and his minions have broken in corporate fraud terms would see them off to serve some serious time. The reality – $300 billion of gross incompetence … that’s 300 times what Madoff ripped from his clients. Many of the projected offsets from the Carbon Tax have been implemented before the revenues came home or were verified. The same with the MRRT and as those mistakes came home to roost, and became a reality for Gillard and Swan to deal with, all that could be done was to inflate the revenue numbers as a fraud to cover up the broken promise of a budget surplus for 2012-13. Those who understood what was afoot mostly stayed silent or were no heard, and that would have included many Treasury bureaucrats who were a part of the number output. They would have known every time Swan fronted the media he told porkies, as did every other Minister, MP, and Senator trying to sell Swan’s fanciful reasoning about revenue writedowns. Technically – to say there were revenue shortfalls as measured against the forecast revenues is correct – but in the context of a larger responsibility, a forecast revenue inflated so as to justify expenditures, and election promises, is as big a fraud as there is. Swan has facilitated a climate where they have run the Nation into the ground with expenditures they knew could not be paid for from existing revenue collections. The MRRT: See ‘Guide to MRRT’ published by Hawker Britton here. Treasurer Swan and his fellow Ministers have presented the shortfall in tax collections from the MRRT as a result of an economic slowdown. He claims that the tax is a ‘profits based tax’ and that the mining industry is facing harder times then the Government expected. Poppycock!!! The MRRT was a tax grab to fund expenditures – the States own the mining royalties and the Federal Government wanted a slice of the pie. There is still a legal challenge before the High Court on the validity of the MRRT and whether it has purchase up against the States constitutional entitlements. The forward estimates from this Tax have been shown to be a sham from the first quarter collect in Sept 2012. Already this year, [2012-13] the shortfall looks like being $2-3 billion against the budget estimates. It has been revealed that to placate the Mining Industry campaign against MRRT mark 1 under Rudd, Gillard used the issue to oust Rudd and did a deal with the miners that made the tax collect impotent. It was doomed by the Legislation from the outset yet the Government kept the forward estimates in place. What would be the Government’s Motives to lie: The revenue table above proves that the ALP have overstated their budget and forward estimates well above trend growth of 6.6% for the period 1996-2008. The reasons are obvious – from 2010 Gillard and Swan made promises about returning the budget to surplus by 2012-13, and when the new Carbon and MRR taxes failed to provide the forecast buffer revenues needed to fulfil those promises – they had to make a decision to either come clean about the promised 2012-13 surplus, or fudge the revenue numbers to create the illusion of a budget surplus. This is evidence by the increased revenue forecast growth year on year from 2011-12 at 8.74%, itself well above the trend growth of 6.6%, to 11.23% for 2012-13. With this growth forecast, Swan was able to announce the small $1.5 billion surplus in May ’12. That decision created a fraud about the budget revenue position and the Government used this lie to cover its promised budget surplus for 2012-13. It was a fraud upon the Australian people. That fraud is still on-going today and more will be added on Tuesday during Treasurer Swan’s 2013-14 Budget speech. Some further evidence to support this theory is provided below. The 2012-13 Budget Speech May 2012: – linked here Spending Savings: A headline feature in Swan’s Budget preamble for the 2012-13 Budget was a forecast savings in expenditures across the forward estimates. The chart used to highlight these savings in the Budget Papers appears below:
The commentary produced with this chart can be read in full here – but states in part:
Nothing in this statement makes any sense when comparisons with the forecast numbers produced in the 2012-13 budget are analysed. If Mr Swan claims to have made $33.6 billion in saves … would that not generate an expenditure downgrade of a similar amount in the forward estimates? The forecast expenditure growth for 2012-13 over the 2011-12 Financial years only reduced by 0.39%, or $1.466 billion. That would mean that after having trimmed/identified $33.6 billion in savings, the Government went and spend all but $1.466 billion on other new policy initiatives. What creditability can Swan claim after finding savings but decided to spend it elsewhere? 2012-13 Budget Overview: linked here This Overview is 40 odd pages of expenditure highlights and one or two pages of revenue explanations – a summary where revenues have been tweaked to pay for the expenditures. This again provides evidence that Government’s focus is all on the expenditures trying to sell the electorate about the extra ‘goodies’ they will receive in their pay packets. The ‘bad’ news in how those ‘goodies’ are to be paid for is something all Government’s want to play down. This is the politics and as a factor in any equation, the factor used is what makes the formula look good or bad. In this instance that factor used is the propaganda and it has become of greater importance than any reality attached to the hard numbers. Tax Revenue as a % of GDP: In the 2012-13 budget papers a chart was used to show Australia’s low rate of tax revenues to GDP ratio. Linked here … The linked chart appears below: – [click to enlarge in a new window.] What the chart does not tell you is that all State and Local taxes imposed in this Nation are not included in this chart, a propaganda mis-direction that works every time because nobody asked the questions. See reference here … Nobody is ever going to paint themselves or use data that portrays them in a bad light. One has to go looking for the mistakes, the holes, the cover-ups and that is what our Media are charged with. We are a Nation of blind idiots and continue to accept what our Leaders tell us all the time. Those who should know better have become apathetic to their responsibilities. This allows the likes of Swan and Bradbury to roll out their agendarised version of what the Government wants us to believe. We deserve every thing that a Government does during its term in office – when is the watchdog watching the watchdog, who in turn is also watching the watchdog so to speak, going to expose the truth. GDP Growth: Another angle or perspective is to look at long-term GDP growth – see chart pack below – Source Trading Economics – [click on charts to enlarge in a new window.]
Between the 1990 figure of $305 billion, and the 2004 number of $455 billion, we see a growth rate of near 50% over 15 years. By comparison, we’ve seen GDP grow to $1.37 billion by 2012 according to ‘Trading Economics’ updates, and we know that the RBA has the GDP number at $1.45 billion at the end of 2012, that represents some 300% growth in the last 8 years. That growth had to come from somewhere!!! The only economic events of importance during that 2005-2013 period were the continuing resources boom, the GFC, and the stimulus supplied by the Federal Government post GFC. Look to the growth acceleration post 2008 when the Governments stimulus started. On this basis alone – it can be argued that this GDP growth as another example of how Government spending influences crucial and relevant economic indicators. By comparison, the USA and other Trading partner GDP growth rates for the same period are exemplified in the following chart pack:
Canada:
About the only Nation with a similar chart structure, if not the same growth percentages. The UK:
Japan:
China:
By far a chart with extraordinary growth numbers. No wonder Australia survived the GFC and then that poses the question – why the continued stimulus spend into 2010 and beyond? EuroZone
These comparisons re all Northern Hemisphere verses Southern hemisphere, and explain the reasons how Australia survived the GFC – China’s growth alone provided us with GFC insulation. No other western Nation has GDP growth like Australia and it is hard to fault the Government on that point. Given the cost of the high A$ and its impact on revenues and economic downturns in all Industry, jobs, and infrastructure, where does one look to find reasons for the exponential GDP growth? It can only be Government debt induced – and that is not what an economist would call genuine growth. Inflation Index: It’s been a long-held belief that the ‘inflation’ index as used to spike annual Government budgets, is also used to ensure the economy moves forward in GDP terms. Yet the inflation CPI index is the barometer used to measure the strength of the economy and what feeds from that drives every other economic indicator. In other words it’s a ‘loop’ equation, without one i.e. the positive CPI – the economy would stall and all Government revenues would also stall and fall away – commonly referred to as ‘deflation’… All commerce is a supply and demand equation – inflation indexing just gives the right to increase as a part of the loop equation. If supply is abundant you would think prices would come down – this happens in produce in seasonal terms, yet in Labour terms when unemployment grows, the response should be cheaper labour costs. When Government services are cut and staff laid off, those staff without jobs would surely work for the Government at a lesser cost then the staff who were not laid off. This should bring wage cost dow in a true and free market. But – the Unions enter the equation here and in coming years you can expect immense pressures on wage costs as Australia’s competitiveness with the rest of the world erodes further – another by-product of the high A$ policy. The point being – the inflation index is not a true nor realistic economic indicator in free market terms. Yet – the Government’s use of it to frame year on year Departmental Budgets creates the illusion they have to increase budgets, pensions, and the like in tandem to the CPI increases. This view is truly a black and white view and not so much applicable or tried in any modern economy. Modern economics is in disarray because of the GFC and its destruction to forecast modeling. If the revenue side of Governments budget is derived from a multiplier of the targeted inflation forecasts, then again multiplied out across the forward estimates using a variable multiplier, how can a forecast be treated with any accuracy? Any public listed Company, or medium to small business who produced budgets like this would have their shareholders and Bankers sacking CEO’s and the Board. Revenues are where all profit based business’ operate from. Why is it different for Governments? Opposition Creditability: The research on display hereto is available to anyone interested in exposing Swan’s Budget lies, and to that point, why is the Opposition spokesperson Joe Hockey, unable to land any real blows against Swan. Me thinks that the Opposition Treasury understanding and knowledge base is challenged in theory and conditioned by the same Treasury modelling in trying to find real fault with Swan and his Treasury performance. It might be because they don’t what to discredit Swan too early before the election and let some new Treasurer they don’t know run the show – hardly. I can advise the Opposition there is nobody on the ALP side who could do the job, and if Swan is the best of them, Australia deserves everything Swan leaves as an aftertaste when he exits. Best Treasurer in the World – ha … a gong awarded by overseas investors who have had their siphon hoses plugged into Australia’s wealth for the last 10 years. Swan lives in a fantasy land: Swan gave an interview with Laurie Oakes Sunday morning. That interview can be read in full here… and in part Swan responded as pasted below:
Oakes nailed him, skinned him, all but pissed on him … and Swan sat there and kept telling lies … and they say there is no crime in a Politician telling a little white lie … Oakes … you are over and need to get a new gig … Summary: To offer up some mitigation – Gillard and Swan did try to plug the revenue gap with the Carbon and MRR Taxes. Neither came near forecast predictions and are now in tatters with the collapse of the Carbon Price in Europe, and the end to the mining boom from Australia’s perspective upon us. Swan and the Treasury should have known tax collections would be down after the GFC because of the equity and other GFC writedowns carried forward. Also the property investor with negative gearing assets has been able to offset their payee tax with property writedowns because of the lackluster property markets. All the revenue forecasts took none of the GFC aftermath into account. That is all on Swan. Next Tuesday 14th May ’13 is Budget night and Swan will put on his magicians cloak yet again and try to mesmerize Australia with his own brand of magic numbers. Unfortunately – this little Aussie battler will have to be content with throwing rotten tomatoes at the TV because he can’t be at Parliament House to do it personally from the public gallery. Believe what Mr Swan has to say at your peril … |
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EYE-BALL Opinion – Budget 2013-14 – Wayne Swan about to deliver an ALP death notice –
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Latest ‘EYE-BALL Opinion’ Posts: - 8th May – Truthful and Honest Government – the expectation of a Nation as opposed to – Corrupted integrity and Dishonest Government - - 6th May – Gillard’s Real Problem – a truthful expose on her past deeds - - 5th May – The Drugs in Sport Scandal - it’s not about the DRUGS – it never was … - 5th May – Free-to-Air TV and NRL Broadcasts – it’s definitely not about pleasing the fans - - 4th May – Truth and Clarity of facts count – the real cost of Gillards asylum seeker policy - - 27th Apr – Gillard’s long walk of shame is almost nigh – her past is about to catch up with her … - 25th Apr – Prime Minister “JEZEBEL” - Does she deserve the Respect of the People? - - 24th Apr – The Australian’s Hedley Thomas & Friends – Still hunting down Gillard over the AWU Scandal - - 24th Apr – Our Higher Education System – Universities fudging research for Higher Funding - - 20th Apr – Gillard’s Hubris – YUCK – has nothing but contempt for the Disabled and Education - - 3rd Apr – Gillard v Nth Korea - - 2nd Apr – Gillard – twisting and turning on the spit – there are no fools like old fools - - 30th – Be careful what you wish for - - 28th Mar – Apathy – Australian’s have it in spades and deservedly so - - 23rd Mar – Legitimacy - - 19th Mar – A downside of Democracy – and the ease in which past Leaders move on - - To see more EYE-BALL ‘Opinion’ posts: |
Title: - Budget 2013-14 - - Wayne Swan about to deliver an ALP death notice - | Author: EYE-BALL Opinion | 11th May 2013 | |
 Next Tuesday is 2013-14 Budget night. The Opposition had indicated that it intended to bring a ‘no-confidence’ motion in the Government before the House on the same day.
Reports out yesterday from Independent Rob Oakeshott calling for a ‘put-up’, or ‘shut-up’ decision from Mr Abbott in regards to the motion have drawn a blank. Opinion is that Abbott will not pursue the motion on the resumption of Parliament, but keep his powder dry to gauge reaction to the Swan Budget. In other words – why waste a bullet when the recipient is gonna die anyway. See ABC media story her … This Budget has been a long time coming – remember 12 months ago when the House heckled Swan when he announced the 2012-13 forecast as a $1.5 billion surplus, along with another 3 years of forecast budget surplus’. See YouTube clip below to refresh the memory … Swan mentions $150 billion revenue writedowns since the GFC cause and effect. The lie in the illusion created within Swans’s own imagination is revealed to those who want to deal in facts – revenues since 2008 have grown year on year at:
See Table and Chart link here to verify these numbers. So, when Swan claims $150 billion in expected revenues have been lost due to the GFC – the cold hard facts reveal that in the period 1996-2013 – the average revenue growth has been 7.02% largely influenced by the 2006-07 growth of 12.97%, and 2007-08 of 19.21% under Howard’s last years. Leaving out the GFC impact of the 2008-09, and 2009-10 years where revenue growth was negative – Gillard’s tenure has seen average growth of 8.73% – comfortable above the average of the last 16+ years. Swan has no creditability in his claim – we knew it then and we know it now. Even this year revenue gas still grown at above 7% which is trend growth but less than Swan’s 2012-13 Budget forecast. To claim revenue writedowns to revenues that were overstated in the first place, and done so for political gain so the ‘budget surplus’ promised for 4 years could at least appear to have been delivered as promised, was a statement delivered to the House full of lies and deceit, and deliberately so intended to mislead the House. See link here to watch and hear Swan make his Budget Surplus backflip speech – or watch clip below: When was the last time a Treasurer got it so horribly wrong, and what price did he or the Government pay. In fact – Terry McCrann wrote an article asking why Wayne Swan should not be sacked … linked here … – or read below:
You all do get it right – Swan is the worst Treasurer ever – just as George Bush Jnr was the worst US President ever. He is just a mouth-piece to a message that speaks for Union solidarity. Swan is no more a Treasurer than Gillard a Prime Minister – yet they both hold the office … On the strength of Swan’s prophecies announced in his 2012-13 speech – will he account for the mistakes make other than to repeat the ‘revenue’ writedowns, and the ‘impact of the high A$’? Will he admit his, and his Governments error(s)? Will there be accountability in present day reality of having made statements they have no basis in fact 12 months since? That continues to be Australia’s pain and it is about time that the electorate with little interest in politics realise that their apathy allows this Nation to be taken down a path to self-destruction. The ALP will not shoot itself – it will be up to us to put these fake pretenders beyond the grave.
How will the reality of facing a $20 billion plus deficit only 12 months after the fact impact on Swan’s confidence to yet again lie and mislead the House? The chart at right shows the debt owed trend since Rudd was elected – [click to enlarge in a new window.] This chart is no different to all the other Nations who all used quantitive easing in the face of the GFC crisis, and now have crippling debt/GDP ratios that have mortally wounded their capacity to survive. Australia is following the same path, yet Swan argues that because our Debt/GDP ration is not as bad as the rest, we have somehow been saved and all to his good management. Nothing could be further from the truth. Blind luck saved Australia in the form of China and their demand for our resources. That is now at an end and been so for some time. Swan knows little of new age economics and the ‘global trade’ war that has been waged for the last 10 years or so – all done in silent and all done via currency value and the shift in global investment within Nations where unsuspecting politicians mistake the ‘wolf in sheep’s clothing’. Off-shoe investment comes with a price – Swan and the RBA forgot to ask what that entrance cost was. Swan promised 4 years of budget surpluses in 2012-13. The talk since the Dec ’12 surplus backflip has escalated across the forward estimates to now give us a softening blow that suggests any surplus promised is now gone. Swan will pull a rabbit or two – he can;t help himself – he will make statements to the fact that despite all the doom and gloom, Australia is still the lucky Nation and our future is safest under a Labor Government. Swan talks from a pulpit that has him on a lifetime taxpayer-funded parliamentary pension annuity with a value somewhere near $6-$7 million. Gillard has the same pension scheme. If Swan were to say that because of the mistakes he has made, he is forfeiting his pension and donating it back to Treasury, would it be a fair exchange? Hardly – when poor and rotten Leadership costs a Nation Trillions in past future prosperity because of the policies they enacted against those they should have enacted – who pays the price? We elected these Leaders – and yes the minority Government where Windsor and Oakeshott control the fate was not an ideal outcome. It is a lesson to every Australian, there are dire consequences involved when apathy rules and the political choices people make.
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EYE-BALL’s Guru on – Wayne Swan’s “Treasury Mistakes” – A Follow-Up -
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- 29th Apr – Wayne Swan’s “Treasury Mistakes” – Heads must roll – Swan and Bradbury must accept responsibility’ - - 23rd Apr – Wayne Swan’s – “Investment pipeline” - disappearing before his eyes – where does he go for his next ‘bunny excuse’ - - 21st Apr – Wayne Swan’s legitimacy – He Says … ‘high A$ causes $7.5b hole since Oct ’12′ – He’s a unique type of idiot - - 14th Apr – The Debt Clock ticks … Tic Toc … – Gillard just spent another $3,000 – counting the real cost of this ALP Disaster - - 5th Apr - Superannuation 2013-14 - the Government’s new Slush Fund – Proposed Changes show SWAN and SHORTEN’s stupidity - - 4th Apr - Australia’s Parliamentary Remunerations - - 3rd Apr – Government not happy about its tax collect – Claims Tax Minimisation deserves ‘Naming and Shaming’ - - 31st Mar – The Cyprus Bail-out - - 31st Mar - Australia’s Debt – and the idiots Managing the Treasury - - 20th Feb – Australia’s Parliamentary Remunerations - Part II – Entitlements and Allowances - - 13th Feb - Australia’s Public Sector Remunerations Part I – Parliamentarians “Base-Salary” and “Additional” entitlements - - 31st Jan – The Devil is in the Detail, there is none – Gillard chooses shock, awe & Spin over Policy - - 23rd Jan – The Turmoil is Already here – We just have to accept what is coming - - 22nd Jan – The Turmoil is beginning - Japan’s Economic Stimulus to tip the scales - To see more GURU posts: – click here … |
Title: - Wayne Swan’s “Treasury Mistakes” - - A Follow-Up - | Author: EYE-BALL Guru | 10th May 2013 | |
Link to Previous Post in Series:
Common … nominal GDP verses real GDP … we’ll get to that a bit later … Then there was the ‘Citizen John’ example Gillard used in her own budget write-down explanation whilst trying to sell another Government mis-direction. When stupidity and ignorance combined it makes for a special kind of dumb. Gillard, Swan and all the other Team Gillard neanderthals have constantly shown their preponderance to change their stories to suit the moment. Australian’s are not buying the excuses for the revenue shortfalls – and they have every right to think that way. Everybody is looking at this from the wrong angle – the Government has been selling the message that it is revenue writedowns as the reason for the widening deficit. Every economist out there has happily jumped on board and supported the claims with facts against forecasts and actuals. If they were good at their job rather than follow the scent laid down by the Government, if they had a ‘light-bulb’ moment and look at the flip side, a place the Government does not want anyone poking around – you will see where the carnage really is. The Table and Chart presented in the previous post, and again displayed hereto – shows the expenditure growth from 2007-8 and paints a clear picture of how the Rudd and then Gillard Government went on their spending sprees. [Click on Image below to enlarge Table and Chart in a new window. The 2013 figures are from latest estimates.] It’s quite simple really – Rudd came to power in late 2007 – and the 2007-08 budget set under Costello was on target for a monster surplus. That surplus ended up being $28 billion – by far the largest surplus of any Government in Australia’s history. From that $28 billion surplus in ’07 – ’08, to a $32 billion deficit in ’08 – ’09 is some sort of crazy madhouse spending spree. This was still Rudd and we know about GFC educed:
To get your head around a $60 billion single year increased spend:
This was in the middle of a GFC panic and it was global – some four years later the Central Banks spend has proved crippling to all across the Nth hemisphere – Australia claims to have escaped the worst and that optimism is about to crumble. Rudd’s GFC panic has amounted to short-term gain for a long term pain. Whatever Rudd’s agenda was to reign in the budget spend was superceded when he was booted in a night of back room deals and Union movement and all to a plan. Gillard’s appointment gave he and her backers the socialist platform and the stage from where they could execute their agenda. The spending would not stop and the evidence is there. To placate alarmist economists the 2012-13 budget was promised to be in surplus and still the new policies and their expenditure rolled out. Nobody minded because Gillard sounded sincere about the surplus budget in 12-13 … and it was so up until Dec ’12 when the Government came clean and announced it was abandoning its surplus target. That surplus has now been revise several times i.e.
The true is they have no idea … they have put in place irreversible policy spending and the revenues have increased well above trend/average as the table above shows – but the problem the forward estimates created has come back to haunt Gillard, Swan and the Gillard sideshow of Ministers. None of them can explain because none of then knew from the outset how bad a Treasurer Wayne Swan really was. Spending is easy when all you have to do is ask … is just plain crazy to believe that in a GFC impacted world – finding new revenues to fund new spending will happen without cuts in other areas and restraint. The writedowns from the equity markets since 2008, the property market flatline, the interest returns in a low-interest rate environment, whoever did the forecast numbers on forward estimates for:
… had to have some idea what was going to happen. These writedowns should have been obvious to Treasury, the RBA, and Government advisors in economic terms, and the advice would have been given up the chain. The issue then becomes why did the Government and its policy advisors ignore the obvious downstream impact issues that would arise if they continued with their spending programs? There was a magnificent opportunity offered up when the A$ v US$ fell from parity to below A$0.50c in the turmoil of the GFC in late 2008 and early 2009. This happened as off-shore investors pulling their funds out because they saw the end of the resource ‘cash and carry’ trade. A decision was made then and there that off-shore capital was more important to the Nation than a devalued currency. Having got the monkey off our backs in that A$ sell-down, the RBA and Swan invited the carpetbaggers to hop on board again, and that saw the A$ rise just as quickly, retracing all it’s lost value and more within the next 8 months. Glen Stevens has to wear the ‘dunce-hat’ on this one along with Wayne Swan – why did the Government allow the off-shore investors to return without a levy? They should have known what a high A$ would mean in terms of long-term trade and labour costs, and was the reason why the Australia’s resources had lifted the value of the currency in the first place. This mistake has cost the Nation A$trillion’s in lost trade, industry, labour force, and other domestic revenues, and will continue to harm all Australian industry well into the future as we will continue to export jobs offshore. We are not in the same position as Spain, Greece or any other members of the P.I.G.S – but give us time.
The boasts about our 5.5% unemployment is really ‘sock-in-mouth’ stuff … why highlight a weakness and promote it as a strength. For many years long-term unemployed have been shifted off the number and parked in some other category … the ABS numbers come from sampling and have done so for many years. If anyone understands the sampling methodology then you know that the error margin in regional areas is very high. This all gets us to the Welfare spend – the ‘third-rail’ of all politics – you ride it at your own peril as President Jed Bartlett put it – [West Wing] …
Crazy to believe right – how can an ALP Government spend less on Welfare than Howard did? To get to that answer, the Budget Accounts requires a lot more research. Where else could the Rudd/Gillard tenure spending be hidden in the accounts … that and more information will be forthcoming in another post. Now to the nominal GDP verses real GDP explanation. Nominal GDP v Real GDP: Who out there understands Treasurer Swan when he gets a ‘gimmick’ study from his Treasury baboons to explain away the point he is trying to make. read what Wikipedia has to say about Nominal GDP -
Here is a YouTube clip to help you understand - In Principal it’s part of a card shuffle number crunchers use to confuse the audience when numbers don’t give you the answer you want. This was Wayne Swan’s explanation … [the GDP explanation begins near the 5min 30sec mark.] I counted 50+ outright lies Swan told to cover his mistakes and incompetence. The lies are subjective if we use the ‘nominal’ verses ‘real’ argument … Blaming the high A$: Swan uses the high A$ value as a reason for revenue writedowns – yet the A$ has been well – some 40%-50% above its mean average – [A$0.75c v US$] since the float in 1983. No Government has used the value of the A$v as a reason previously – yet it has been at these levels for over 10 years … it is desperate in the extreme to blame revenues when they have actually grown at 7%+ in 2012-13 and above trend of 6% since 1996. The 2012-13 forecast revenue growth at 25% to cover the expenditure that had to be funded to allow the Government to bring its forecast budget surplus in when they announced the 1012-13 budget in May ’12. Blaming the Treasury Forecasts: Yes – that’s right – the Government knew in May ’12 that it was selling a budget that misrepresented the facts. The Nov ’12 review revised it ever so slightly – and four months later is was a $12 billion budget hole, and now it is a $17 billion budget hole. Treasury don’t make these mistakes – or are we to believe that the $11 billion black hole they found in the Coalition’s 2010 election policy initiative might have been equally wrong. It raises more questions then it answers. Are the Treasury ALP stooges … are they prepared to ‘cook’ the books for political outcomes? Truly legitimate questions now that the modeling used to predict the surplus has proved to be so horribly wrong. No matter who the Government, i.e. Swan, Wong, Bradbury, and any other MInister or spokesperson sent out to sell and gift the media the next story in this crumbling facade – the reality is that Government’s lock in spending via policy’s they make to win elections. Been happening for 40 plus years. The revenue side of the equation comes after the fact and if they screw-up the economy then we get to where we are now. The high A$ has cost Australia $trillion’s in trade, revenue, GDP growth, and many other connective opportunities over the last 10 years or so … yet no one thought to think about currency intervention to protect the economy – hell they still think it is wrong to do so despite RBA Governor Glen Stevens comments made when he announced the .25% interest rate reduction this week – see comments here. For the educated observer and some who understands logical argument – Swan has no creditability, nor any entitlement to be a Treasurer. His baboons beneath him are appointed on the basis that are not allowed to be any smarter than Wayne Swan. In fact that type of hiring mentality is across all the public service hiring policy. It’s the reason the asylum has been taken over by nutjobs – nobody has a clue from the top down. Abbott and Hockey have their work cut out because in matters of finance – they hold no better credentials that Swan or any other of the current bushranger pack. You have to be able to trust the Treasury modeling if in fact it is not doctored for political outcomes. For Treasury to have got it so wrong creates a smell that just won’t do away. Was Gillard’s forcefulness and commitment to her agenda of spending – when stacked up against a choice for the bureaucrats to either do what I tell you to do, or find another job, the reason they are being blamed for getting it so wrong? Support argument comes in the fact that the Public Service offers very generous perks and the like – and rather than lose those benefits, senior bureaucrats and the like shut their mouths and do as they are told. It would seem that integrity, or the standing up for what you believe in is no longer regarded as a personal quality required to work in Government anymore. Another piece of advice for Mr Abbott – sack every Department head and three rungs down when you take office – hire people from the private sector on MP parliamentary ‘base salary’ levels and offer a bonus to those who get the job done. Use the – ‘Serve your Country’, or ‘your Country needs you’ motif to sucker some high flyers in to give back. I don’t see it happening – but you can only try to improve the collective brain value of so-called experts in the Treasury. The next Guru post will be about the Budget Expenditure breakdowns … |
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EYE-BALL Opinion – EYE-BALL MediaZone Growl No: 2 – The SMH’s – Mark Kenny … Chief Political Correspondent
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Title: - EYE-BALL MediaZone Growl No: 2 - - The SMH’s – Mark Kenny – chief political Correspondent - - on a story titled - “Gillard’s fine reforms slip between the gap…” | Author: EYE-BALL MediaZone | 9th May 2013 | |
The EYE-BALL MediaZone aims to highlight media content that misleads, is inaccurate in its reporting, and has an agenda other than to report the facts as they relate to the content and context of the story.Today’s story was a clanger and was to be expected from the ALP loving Fairfax Media owned Sydney Morning Herald. Their Chief Political Correspondent Mark Kenny penned a story that told us:
It is a stretch by any journalist to claim that Gillard’s record – ‘holds up well’ … any journalist who does have an agenda that is in conflict with reality often writes about what troubles them most. That is why editors are there to ensure objectivity … but what can you do when the Editors have the same problem. What motivates a journalist to promote ‘chuck stake’ as ‘prime rib’ as Gillard is to Paul Keating, or Bob Hawke. Surely a journalist understands the difference and that they should never slant a story to promote their own political views … yet, we live in an age where the media have become mouthpieces of the message the Government wants sold. The Media industry have become street beggars, street walkers prepared to sell their column space for an inside tip to a bigger story. Politicians use these media whores like masters abuse their slaves … and the media keep coming back for more. Sadly – there are not too many alternatives when trying to understand Mark Kenny’s point of view in his version of Gillard history reproduced in full below:
When Kenny writes – [bullet points added]
… I laughed my arse off – and that is no mean fit given how big it is … Government has three main stay obligations, Welfare, Health and Education … Defence runs a distant fourth to these other three. Collectively, Welfare, Health and Education make up 60% of all Government expenditure … add defence and the number jumps to 66%. Any Government who understand their charter tinker with these numbers according to political views – ALP are more generous on welfare and social programs, Coalition Governments lean toward less welfare and more business incentives. A political journalist has to know this … yet Kenny sees the NBN as a success yet Minister Conroy is yet to deliver a success story on any forecast NBN targets. The School funding on top of the ‘Schools building Program’ fiasco where ALP loving contractors made themselves filthy rich at the taxpayers expense and all to the generosity of one Julia Eileen Gillard who was in charge of the program and had criminal history with the Thiess Contractors who won a large share of the rebuilding program. Reforming aged care – a no brainer for a Government with an aging population and less hospital beds, less nursing home beds, and a growing need for both. What are the reforms Mr Kenny – again you flash a policy initiative and claim it to have been a success yet you don’t produce the rhetoric that backs and supports your view. Honest and truthful facts gets a journalist creds with readers – Kenny is but one of many Journalists inflicted with the Gillard/Swan disease – tell it like you know what you’re talking about, and then let others write about what they know … nobody writes about the facts anymore – it’s all about the illusion and the perception that every word is indeed about the message the Government wants told. Who is Mr Kenny kidding – the intent to do good does no measure or count when all we see is ‘failure’ to honour the promise made by the Government of the day. Implementing a policy that is funded and cost neutral at the outset, and then due to gross incompetence, or a deliberate fraud about the numbers when the revenues raised, or the new taxes to pay for the policies fail to raise the revenues expected, does not give the Government a pass mark. Kenny says -
Global warming and the Digital age … these are crux phrases, waffle words, a macro stretch and used by Kenny as a smoke screen for what lies beneath … the Carbon Tax – Gillard’s plan to fight global warming is in meltdown, the digital age – was here long before Gillard walked on stage … I have no idea in what context Kenny was trying to portray Gillard as a success story in this story – and as such his article won the MediaZone Growl award for today. Kenny’s story is about painting Gillard in positive terms when 70+% of Australia believe she is a negative for the welfare of the Nation. What makes a journalist take on those types of odds …
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EYE-BALL Opinion – EYE-BALL MediaZone Growl No: 1 – The Australian’s – Adam Creighton
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Title: – EYE-BALL MediaZone Growl No: 1 - - The Australian’s - Adam Creighton on a story titled - “Interest rates fall to record low as RBA fires first shot in currency war…” | Author: EYE-BALL MediaZone | 8th May 2013 | |
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This post under the new EYE-BALL MediaZone header is the first of a new category of stories aimed at a MediaWatch type critique. The aim is to highlight media content that misleads, is inaccurate in its reporting, and has an agenda other than to report the true facts as they relate to the content and context of the story. The first story on what was a big day for choices is a story by Adam Creighton from the Australian. The Title of his story is: “Interest rates fall to record low as RBA fires first shot in currency war…” and was published on the 8th May 2013 in The Australian. The story is reproduced below:
Where to start – the A$ has been above trend/average values for more than 10 years, it returned to below its mean average since 1983 during the worst of the GFC crisis late 2008 and 2009. It sold off from above parity levels to hit lows of below A$0.60c as off shore investor unwound the ‘cash and carry resource’ trade. When markets settled they returned with a vengeance and drove the value of the A$ from A$.60c levels to above parity and highs of $1.10c levels. For the past 4 years it has averaged in the $1.04 range and still some $0.30c above its mean average of $0.75c. See 1998 – current A$ v US$ Chart below for confirmation. [click on chart to enlarge in a new window.] Since the GFC – European and Nth America interest rates have been at or near 0.00 -0.50%. In all of that time the interest rate differential with Australia has allowed offshore investors to strip wealth from the Nation. The RBA’s singular focus during that timeframe, and since the early 90′s has been to keep inflation targets within set parameters set by agreements between both sides of politics. the RBA has never targeted currency in the time since the A$ began to rise above its 30 year mean average . I ask the question – why is it now as reported in the story above, why has the RBA waited some 10 years to think that it can influence a high A$ value with a 0.25% interest rate reduction? The answer is simple – the writer of the story hasn’t a clue about currency, interest rates, global investment, labour costs, or any of the other interconnected motives behind global investment. This story does more harm than good to investors and the moms and dads readers listening to an unqualified journo reporting a story that should never have been published. The story misrepresents the truth about the reasoning behind the .25% reduction in official interest rates. The RBA has stated publicly that it has no interest in intervening in currency markets to stem the capital inflow to the A$ – see Oct ’12 story here. More to the point – the RBA themselves have been targeting inflation when the rest of the world has had zero interest rates for 5 years and inflation has never been a problem. EYE-BALL Guru has been writing about this stuff for years and it is only now when Australia’s finances and projected revenues are at a crisis level – have Government spokespersons and media commentators started to talk about the cost of the high A$. Creighton’s “largely to take pressure off the stubbornly high Australian dollar” comment in his first paragraph has no research creditability whatsoever. The RBA has reduced interest rates since the early part of 2009 in .25% increments and never has the move had any lasting impact on the A$. In fact any fall on the announcement encourage more buying. From the above comment onwards – the story has no basis in fact or truth. In fact the RBA Governor at times during these interest rate reductions talked the A$ up giving confidence to off-shore investors to keep pouring funds into the Nation. Sadly – the old adage remains – ‘… what went up, must and will come down…’ When Australia has become too expensive for the rest of the world, and we are on our way to being the most expensive Nation in the world – I think we were ranked 6th last time I review the rankings, and when jobs have been exported, when farmers no longer get value for their crops, when miners are receiving a fraction of $A returns they were receiving in the early times of the mining boom, then the off-shore investors will see they have sucked us dry and look elsewhere for value investment. Why do you thing the P.I.G.S want out of the EuroZone – they need their currency back so they can become a competitor on global markets once again. For 10 years the Government, yes both Howard and Costello, and the idiots there now got this wrong. The RBA and Treasury were no help as advisors – they all had a think-tank that may have been useful 20 odd years ago and none have upgraded their modeling to factor in the current global marketplace incentives . It’s journalism like this – and there had to be an editor who approved the story mixed in there as well – that makes the Australian media at large hopeless at their jobs. Wayne Swan’s attributed comments highlight just how insignificant he is as a financial manager – his track record on budget forecasts and the ability to explain the numbers – i.e. Nominal GDP as opposed to Real GDP shows his and the journalists ability to read the numbers and call Swan out when he is telling them porkies and misrepresenting the facts. Creighton should take a good look at his output and ask a recognised economist of other market operative about his story. The shock advice about his inaccuracies will do harm … and another less than qualified journalist might bite the dust.
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EYE-BALL Opinion – Truthful and Honest Government – the expectation of a Nation as opposed to – Corrupted integrity and Dishonest Government -
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Latest ‘EYE-BALL Opinion’ Posts: - 6th May – Gillard’s Real Problem – a truthful expose on her past deeds - - 5th May – The Drugs in Sport Scandal - it’s not about the DRUGS – it never was … - 5th May – Free-to-Air TV and NRL Broadcasts – it’s definitely not about pleasing the fans - - 4th May – Truth and Clarity of facts count – the real cost of Gillards asylum seeker policy - - 27th Apr – Gillard’s long walk of shame is almost nigh – her past is about to catch up with her … - 25th Apr – Prime Minister “JEZEBEL” - Does she deserve the Respect of the People? - - 24th Apr – The Australian’s Hedley Thomas & Friends – Still hunting down Gillard over the AWU Scandal - - 24th Apr – Our Higher Education System – Universities fudging research for Higher Funding - - 20th Apr – Gillard’s Hubris – YUCK – has nothing but contempt for the Disabled and Education - - 3rd Apr – Gillard v Nth Korea - - 2nd Apr – Gillard – twisting and turning on the spit – there are no fools like old fools - - 30th – Be careful what you wish for - - 28th Mar – Apathy – Australian’s have it in spades and deservedly so - - 23rd Mar – Legitimacy - - 19th Mar – A downside of Democracy – and the ease in which past Leaders move on - - To see more EYE-BALL ‘Opinion’ posts: |
Title: - A Truthful and Honest Government - - the expectation of a Nation as opposed to - - Corrupted Integrity & a Dishonest Government - | Author: EYE-BALL Opinion | 8th May 2013 | |
The debate focused on whether an individual can change public opinion, or whether an individual who voices an opinion is just pissin’ in the wind. During the debate opinions were exchanged/expressed about whether most of Australia’s voters don’t care about Gillard having a criminal background, or are happy to know about her AWU past and allow her to continue to serve as our Prime Minister. This author has a zero tolerance for right and wrong – he’s lived his live along those lines, and in all honesty that black and white attitude has caused immeasurable pain and suffering during a life that is littered with extreme highs and more extreme lows. There were no shades of grays and that made expectations beyond what other people could live up to. There is no moral judgement that can be applied that has not already been considered for living a life in this way – children, spouse, family, friends, and the like all suffered as a result. This blog site begins to expose its underbelly and reason for being. This author continues to have a number of passions, and takes all the content hereto seriously. A continuing and overriding belief is that in Leadership – there is absolutely no room for errors of judgement, and no room for moral hesitation when it comes to electing a Leader. Sure – mistakes will be made and in those instances where Leadership is responsible – full disclosure should be made. In that context – the belief is held that Gillard’s pursuit of the Prime Ministership given her own knowledge of her AWU involvement, and her own awareness of the cover-up that existed to hide her breach to her Lawyer’s oath, these matters should have made her acutely aware that she was an unfit person to serve as a Prime Minister, or to serve in any capacity where public trust in public monies was involved. Her exposed involvement and what more is to follow when Police investigations are concluded and revealed, should have made her realise that a day of reckoning would come, and the cost of that reckoning will impact on this Nation for a long time to come. How does a Nation live down an elected criminal who serve as their Prime Minster? In that context – every like-minded Australian should feel a moral obligation to do what is necessary to bring Gillard down and free the Nation from whom and what she is as a person. This opinion is not a political choice between the ALP or the Opposition – it is on record that I personally have never voted anything but ALP in Federal, State, and Local elections in a 40 odd year voting record. There have many been times where I have voted ‘None of the Above’ when in disagreement nor liked the candidates put forward. I have never voted for the Coalition in any context and that stems from a career in financial markets during the Hawke and Keating eras where deregulation made heroes of both. This author is not naive to a point in believing that every administration does not keep its secrets, nor withholds information, nor leaks information to influence public opinion, nor tells direct lies to cover up mistakes. The question is whether the morality and integrity of those making those types of decisions are honest and above reproach. The ‘perfect world’ can exists, or at least we should strive for it. Having corrupt politicians serving as our Leaders only makes it easier for them to avoid the moral issues and make decisions where vested interests prevail. Everybody can and should be afforded the lesson of learning from ones own mistakes. Gillards mistakes were covered-up and that was her lifetime ‘get out of jail free’ card. Using the cover-up to clear the path for her to become Prime Minister is an overreach that highlights the corruptive elements within her ALP colleagues, and the Unions who dictate the terms and conditions under which their candidates and representatives become our Leaders. The ALP has for a number of decades become a cesspool of corruption and has the intent to use high office to profit individuals. The Obeid, and MacDonald ICAC inquiries are ongoing proof of just how embedded the corruption has become. This exposure is not alone, and the ALP are not the only political parties with corrupt Members and Administrators. An example of self-serving interests – in the initial days of the GFC PM Rudd froze all parliamentary salaries as a measure that was as much about public sacrifices being matched by our Leaders. Prior to this – Parliamentary Superannuation has been a continued area of frustration for the electorate – MP retirement privileges are far in excess of the average Australian and the cost to Australian taxpayers over time has left a liability owing to retired and current MP’s, Senators, Judges and all those linked to the Parliamentary Superannuation scheme – well in excess of $300 billion. It is baseline wrong to allow Politicians to vote themselves new pay scales and perks – Corporate require shareholder approval for similar pay increases. It is a corrupted process, and yet it has been for some time.
Yet it is non contributory benefits scheme – that retirement value will be a direct drain on future taxpayers tax collections. Swan has served since 1993, having missed a single term from 1996, Gillard has served since 1998. Most working people work life extends 40+ years – and they contribute to their retirement package all their working lives. Yet a politician is entitled to a life long pension based on a minimum of 8 years service regardless of age when they leave public office. See table at left: In Another sign of Gillards flippant regard for public funds – in the immediate weeks after Gillard deposed Rudd as PM – she began Yet in all the time since the GFC – Gillard and her Ministers have use the GFC to blame the economic downturn, and urged restraint for the Nation’s private sector, all the while allowing public spending to run amok. The new $300 billion new debt is there to prove it. There is an hypocrisy in the choices made by all MP’s on this recent pay rise – i.e. not one of the 150 MP’s from all sides of politics voted against the legislation to pass these salary increases. It is not hard to hold scepticism about Leadership given some of the corruption scandals that have come to light in each of our lifetimes. That sentiment has existed since time and leadership began. We have to be in a position to have absolute trust in our Leaders and believe in a Government that is as absolute in its acceptance of moral and ethical standards. The media largely cover the responsibility of ‘keeping Government’s honest’. When the media abdicate their responsibility for vested favours from the Government – we are at the center of a corruption and ethical equation that has only one answer and headed to a single outcome. Gillard is the perfect example of a corrupted person appointed to a position in which her predisposition is to lie and deceive all those around her. The media are her friends and accept her version and refuse to challenge her on her credentials, the lies, the policy failures, and the multitude of mistakes made along the way. The continued cover-up, and mis-representation of the Nations finances has added to the creation of the ‘perfect-storm’. The Government of the day sees nothing wrong with lying to and deceiving the public every day about their policy’s, about the extent of the Nations finances, the motives and agenda behind deceiving the electorate, and using the media to help sell their message of deceit. With this complete mistrust in Gillard and her Cabinet of sycophants – my motive to pursue Gillards downfall is revealed with full disclosure.
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EYE-BALL’s Harry’s Growl on – Election 2013 – Growl No: 40 – The YouTube Clip that keeps on Giving – Labor’s [Gillard's] Lies and Awkward Moments -
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| Latest ‘Harry’s Growl’ Posts:
Larry Pickering Cartoons – Added 7th May 2013 – click to view in a new window:
To see more of Pickering’s Political cartoons – use this link … - To see more EYE-BALL Harry’s Growl posts: click here … |
Title: - Election 2013 - Growl No: 40 - - The YouTube Clip that keeps on Giving - - Labor’s [Gillard's] Lies and Awkward Moments - | Author: EYE-BALL’s Harry’s Growl | 7th May 2013| |
| Latest Pickering images – 3 Favourite Cartoons added 7th Apr 2013 – see image links to the left.
There is a constant need to fully reflect on recent history to get a full appreciation and sense of the baggage Gillard and her Government have left behind. It is beyond bewilderment that Gillard continues to survive. It is only with hindsight and the refresh memory of statements made, the rehashing of previous policy initiatives, and the raw realisation of where all the ‘cock-up’s’ have led the Nation – that the full appreciation can be devoured in how bad Gillard and her team of bumbling Ministers have performed. The YouTube clip below places time and history in perspective – and normally the ability to judge a Leader does not come in such a short timeframe of history … please take 10 min or so to watch and remember … pass the link onto your friends to help them all realise just how toxic Gillard is to this Nation.
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EYE-BALL’s Harry’s Growl on – Election 2013 – Growl No: 39 – ZNet hosts Conroy and Turnbul – in a debate on Communications -
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| Latest ‘Harry’s Growl’ Posts:
Larry Pickering Cartoons – Added 2nd May 2013 – click to view in a new window:
To see more of Pickering’s Political cartoons – use this link … - To see more EYE-BALL Harry’s Growl posts: click here … |
Title: - Election 2013 - Growl No: 39 - - ZDNet hosts Conroy and Turnbull - - in a debate on Communications - | Author: EYE-BALL’s Harry’s Growl | 6th May 2013| |
| Latest Pickering images – 3 New Cartoons added 30th Apr 2013 – see image links to the left.
This was a forum hosted by ZNet and predominately to debate Communications issue currently before the Nation – i.e. the Governments NBN, and the Oppositions Broadband solution. For starters – can you imagine the pee running down Conroy’s leg at the thought of someone with his intellect and knowledge base going up against Turnbull? The venue was a community style hook up with ZNet providing the presenter. The 45 minute stoush can be seen below via YouTube replay. A link to the ZNet story about the match-up can be read here. [Warning - the format of the Q&A makes this a tech savvy debate - it is not a simpleton's broadcast ... but it does get interesting toward the end as the Minister and Turnbull get personal ... there is no doubt that neither have any time for one another.] As boofheads go – Conroy is a special kind of dumb – this Author has gone to town on him many times in the past and it never gets stale. Fresh material is only a press conference away and this debate measures a simpleton up against someone who knows what he is talking about. The NBN is an idea – can Australia afford it, can Conroy deliver it – both questions that have to be answered in the negative. The $12 billion already promised to Telstra for the copper network was the worst deal possible for Australian taxpayers and signified Conroy’s ineptness. The failure to meet performance, hook-ups, and sign-up projections make it the biggest white elephant ever. |
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EYE-BALL Opinion – Gillard’s Real Problem – a truthful expose on her past deeds –
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Latest ‘EYE-BALL Opinion’ Posts: - 5th May – The Drugs in Sport Scandal - it’s not about the DRUGS – it never was … - 5th May – Free-to-Air TV and NRL Broadcasts – it’s definitely not about pleasing the fans - - 4th May – Truth and Clarity of facts count – the real cost of Gillards asylum seeker policy - - 27th Apr – Gillard’s long walk of shame is almost nigh – her past is about to catch up with her … - 25th Apr – Prime Minister “JEZEBEL” - Does she deserve the Respect of the People? - - 24th Apr – The Australian’s Hedley Thomas & Friends – Still hunting down Gillard over the AWU Scandal - - 24th Apr – Our Higher Education System – Universities fudging research for Higher Funding - - 20th Apr – Gillard’s Hubris – YUCK – has nothing but contempt for the Disabled and Education - - 3rd Apr – Gillard v Nth Korea - - 2nd Apr – Gillard – twisting and turning on the spit – there are no fools like old fools - - 30th – Be careful what you wish for - - 28th Mar – Apathy – Australian’s have it in spades and deservedly so - - 23rd Mar – Legitimacy - - 19th Mar – A downside of Democracy – and the ease in which past Leaders move on - - 16th Mar – The UNION’s - someone needs to tell them – about high labour costs - - 15th Mar – Gillard decides to jump off the cliff – she would like us to all to accept her invitation to follow - her desperation is obvious and her judgement is becoming suicidal - - 14th Mar – Conroy’s Proposed Media Overlord - - 12th Mar – The Speaker of the House Fails all Australians – Question time is a farce, avoiding accountability - - 11th Mar – On Education – ‘The Munsters’ style – Bowen and Garrett put on a show - - 10th Mar – The Nation is Slipping Away – can you feel it? - - 9th Mar – The Dribble … it’s just so exhausting … - 6th Mar - Journalist’s – the perils of Slow News Days - - 5th Mar – Gillard and Rooty Hill – why not Gillard helping the WA Election Campaign - - To see more EYE-BALL ‘Opinion’ posts: |
Title: - Gillard’s Real Problem - - a truthful expose on her past deeds - | Author: EYE-BALL Opinion | 6th May 2013 | |
Almost like an uncanny inherited skill that reflects the heritage of our great ancestors – convicts and the like all shipped out to make room in English goals for more petty thieves and more serious criminals. Rest assured the public opinion of Gillard is such a revelation – she is tarnished – corrupted – and all those who support her are guilty of a crime where conscience is absent. A generous contributor to this site is ‘Hillbilly 33′ … Hillbilly blesses a number of political blogs with commentary all aimed at Gillard and her criminal past. The common theme in all these posts and comments registers an abhorrence in tolerating and accepting a unconvicted ‘criminal’ as our Prime Minister. ‘Hillbilly33′ posted a comment on a previous post today that we should all read with a vacant mind and let the evidence form the opinion … that comment is again presented below:
With clarity and direct introspection – Hillbilly33 has revisited the simplest of expected behaviour and pointed out Gillard’s failings – where Gillard says – ‘I did nothing Wrong’ – others know different. Gillard can never escape this history and for her to have risen to the PM’s office – those who assisted in that elevation are equally corrupted and due their own enema of exposure. Well done Hillbilly and thanks for the continued support.
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EYE-BALL’s Harry’s Growl on – Election 2013 – Growl No: 38 – Dribble from a Dribbler – Gillard becoming more redundant every day -
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Larry Pickering Cartoons – Added 2nd May 2013 – click to view in a new window:
To see more of Pickering’s Political cartoons – use this link … - 2nd May – Election 2013 – Growl No: 37 – Police Investigation into Gillard – When will the Media do their job - - 22nd Apr – Election 2013 – Growl No: 36 – Minister Jenny Macklin – Delusional and in Complete Denial - - 19th Apr – Election 2013 - Growl No: 35 - - 8th Apr – Growl No: 34 – The S.S.S – Scumbag Slippery Slipper - 8th Apr – Election 2013 – Growl No: 33 – When the she cat is away – you’d think the other side would come out & play - - 7th Apr – Election 2013 – Growl No: 32 – Senator Wong gets the wobbles – steps up and proves she’s in over her head - - 6th Apr – Election 2013 – Growl No: 31 – Playing with Rubbery things – Wayne Swan and his Rubbery Numbers are about as honest as Gillard and her rubbery Caucus Numbers - - 5th Apr – Election 2013 – Growl No: 30 – A sequence of reasons why this Government should be ROASTED - - 4th Apr – Election 2013 – Growl No: 30 – Gillard – continues to Blame everybody else - - To see more EYE-BALL Harry’s Growl posts: click here … |
Title: - Election 2013 - Growl No: 38 - - Dribble from a Dribbler - - Gillard becoming more redundant every day - | Author: EYE-BALL’s Harry’s Growl | 5th May 2013| |
| Latest Pickering images – 3 New Cartoons added 30th Apr 2013 – see image links to the left.
The overuse of the so-called ‘breaking news’ headline is like a ‘wolf’ cry and makes us insensitive to real news stories. More so whenever the PM offers up a news conference opportunity and gives news directors reason to pause to consider the live cross. Whilst any individual has such a prestigious prominence, and proned to the abuse of that position – the electorate has the right to be sceptical of their news services. Surely we have learnt from experience that it is the ‘grubby’ and ‘grubbier’ news story that gets our attention – not the mundane stuff. That leads to ask – how much ‘noise’ is created in political circles and all to appease the individual egos of politicians who play the game. What positive value is there in one party espousing the faults of another party when all the other party does is the same thing. Someone said to me 18 months ago – whoever turns this election into a truth and honesty campaign where pledges are given to carry out Royal Commission son past deeds will have the moral ground and win the election. That same person highlighted that if both parties disengaged from the corruption issues, then it will become just more of the same pledge and broken promise’s. That game is played in the ‘head-space’ of so few who play the politics game. The public are completely reliant on the media to open the window to the stories that these ego driven politicians want us to read and hear. It is such an empty rhetoric game and most often they who scream loudest and behave worst win the battle. Politicians have a belief system – and that is human existence has most often been served best by those who are prepared to lie and deceive. Only a politician could even think that!!! For example – PM Gillard called upon all her loyal media hounddogs so she could stand tall and tell Australia that she was going to win the Sept’ election. Read story here … – or below:
This really is kindergarten stuff – rally the troops with a rebel rousing declaration – ‘I will lead you to victory … but only if you pledge your support …’ It is so pathetic … Scepticism within the electorate has the ALP at 30% and unable to move up – they are poised to fall off the cliff as Gillard’s desperation becomes more apparent – the electorate has become disengaged – read ‘The AGE’ story here - The electorate has for a long time refuse to hear or accept what Gillard has to say – it’s not Abbott winning over voters, it’s Gillard’s buttermilk being flushed down the drain. There are two important things that a politician always cares about – their public image, and that their sexual preferences are kept a secret. Cheap and nasty I know – but you would think that running a Nation would figure in their some where as a priority. Talking about it does not get it done and getting it done means making decisions that the electorate will not like or appreciate. Any fol can make popularist choices and that has been happening in Western politics for 50 odd years – all with the use of taxpayer monies and new debt – it is the reason why the GFC came and will remain with us until Governments make the hard choices. Media responses drive political careers and the media are spun by politicians wanting to influence that same media cycle to their own agenda … they who control the media control the game and this is the only thing keeping Gillard in the game. It is such a dribble industry and that dribble flows from the top down … How much do you think the ‘Disability Care’ and the ‘Gonski Education reforms’ is about selling the ALP as opposed to really caring about the electorate, and those the policies are supposed to impact upon? A cynic I am … and given the broken promises of this Government over their whole term in office – you would have to be a mug to trust Gillard at her word. Gillard’s ‘dribble’ is toxic and worthy of a sewerage treatment before it becomes fit for our consumption. |
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