EYE-BALL Opinion – Gillards Legacy – Examples of Lunacy, Desperation and Stupidity –
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Title: – Gillards Legacy – – Examples of Lunacy, Desperation and Stupidity – | Author: EYE-BALL Opinion | 3rd Oct 2012 | |
‘The Speaker’ – Peter Slipper.
T he ‘Speaker’ Peter Slipper who has been on a crime induced holiday from his role in the House since April, has again become an International tourist on Australian Taxpayers dime. He was due to front court yesterday to face his accuser and he just sent an e-mail to the Judge saying he was too busy to show. He had sacked his lawyers (Maurice Blackburn) a few weeks ago and it would seem that he just has not hired anybody else to represent him. ‘The Australian‘ ran a story titled “Slipper Ordered to Face Accuser”. Read story below:
Slipper’s actions in not even fronting to his appointed court date is nothing less than contempt. Remember this is Gillards choice as the ‘Speaker of the House’. The reasons for the appointment in the first place were ‘dodgy’ at best. To have only been in the job a few months before the ‘sexual harassment’ allegations arose and still draw the ‘Speaker’ remuneration and overseas representative perks is indicative of the contempt the PM has for the Australian public. She sanctioned Slippers overseas jaunts – and the $170k+ he billed the Government for his last trip is about to be doubled with his planned new trip. Read this story below.
Gillards tolerance of this continued wasteful expenditure is in itself unsanctionable – i.e. Slipper will not be re-elected and any long term benefit from any overseas trip will be for personal gain and not in the interests of the Australian Public. Yet she has approved the trip – in all good conscience how can the Caucus allow the PM to authorise this wasteful expenditure? By Slippers his own debauched and sullied behaviour, both past and present, his actions brings the ‘Speaker’ position into disrepute – he then receives full pay and additional travel perks whilst serving his penance – and nobody blinks an eye. Where is the media in punishing the Government for these actions? This is what is wrong with the accountability of Government, and the media. They see themselves as above the rule of law and decency. Gillard’s sullied past has influence on the decisions she is allowed to make today and Australian’s are and will pay the price. The Treasurer – Wayne Swan. [Click image below to enlarge.] Mr Swan was out and about yesterday responding to the RBA”s surprise .25% cut in official interest rates. The Treasurer pulled out his mandatory speech telling the Banks they have to pass on the full rate cut. He has made this speech many times before and the Banks have never altered their thinking or the way they do business. The Treasurer proved once again that he is purely a puppet with no sway in the Banks operations. This is not because The Treasurer role has no authority – it is because Mr Swan just sucks as the Treasurer. He is a laughing-stock and someone to be made fun of. His RBA boss Glen Stevens is gaining ground on being tagged the same way. Mr Stevens is in trouble over the note printing subsidiary ‘Sucurency’ and its involvement in a bribery scandal that stretches around the globe. It is now alleged that Mr Stevens gave false testimony at a recent Senate Hearing into the ‘bribery scandal’. The Treasurer has been silent on this matter when any Treasurer who was across all the responsibilities and understanding of the job description, would have been in front of the scandal before it reached this point. Mr Swan is a member of the ‘duck’ family who unfortunately can’t swim. He has no business being the Treasurer in the first place. His continued efforts to force Departments into ‘razor-gang’ cuts to meet his forecast ‘2012-13 surplus’ is indicative of his true understanding of how the Australian economy is performing. ‘Must have a budget surplus because I said it would be so!’ – the man is a lunatic if he thinks that economic changes does not affect budget outcomes. He wants to turn a $A44 billion deficit into a $A1.5 surplus. Withdrawing that amount of funding from an economy going through a new Australian GFC will cripple the Nation. Below is the announced reasons the RBA decided to cut rates yesterday:
There was nothing in the reasons given that was not apparent last month or any of the previous six months. The RBA’s Interest rate cuts since 2005 appear below: The above Chart paints a picture – in the after math of the 2008-9 GFC the RBA cut official interest rates pre-emptively – then when the resource boom reignited, it lifted official interest rates giving strength to the currency and at a time when the rest of the World were in ‘meltdown’ phase. No other Nation in the G20 lifted interest rates during this period. The wisdom of creating this interest rate gap between Australia and the rest of the world only offered offshore investors an investment haven that drained A$100’s billions from our exporters cash revenue flows. i.e. Mining and Agriculture. It also left our Tourism, Retail and Manufacturing industries as uncompetitive in a global marketplace. The responsibility for trashing the Australian economy sits squarely with Treasurer Swan, and the RBA’s Governor Glenn Stevens. Their knucklehead approach to managing the economy rested on interest rate policy and now that the ‘China Slowdown’ has arrived – and after we have supplied them with all our resources at inflated prices – China will now look to cheaper markets to supply their needs. Those cheaper markets being Brazil and African deposits have been funded by the Chinese through their development phases and whilst their short-term needs were a factor in our post GFC survival – the withdrawal of China’s demand is about to have GFC consequences on the Australian economy, and at a time when ‘Dunce-Hat’ Swan thinks that a budget surplus is needed. Treasurer Swan has presided over policies that have increased Federal public debt in this Nation by $200 billion since the GFC crisis began. All Swan can claim is that he knows how to spend money in good times. He demonstrated no vision and his HOR pulpit orations about Australia’s financial prosperity over the rest of the world because of better economic management – is him trying to blow smoke up the asses of the Australian public. The fact that the Opposition cannot make any mileage out of Swan’s obvious ego and ineptness in the job – says much about their qualifications as managers of Australia’s future prosperity as well. The Australian Financial media are equally inept at their jobs – there has been no hounding of the Government or the RBA on the ‘high value’ of the Australian dollar. There has been no targeted campaign to highlight the demise of the Tourism and other now uncompetitive industries created by the high value of the A$. It would seem that everybody now lives in the moment – there is no refection, no vision looking forward, and the consequence is ‘hit and miss’ policies designed to sound good and will popularity rather than have any structured purpose to actually make things better. In other words – nobody wants to make the hard decisions that will be unpopular and force them out of office. For 40 years this has been the general purpose of all Governments around the globe and is largely why every Western Nation is on the verge of bankruptcy. Minister for Employment and Workplace Relations, and Minister for Superannuation and Financial Services – Mr Bill Shorten: [Click on image below to enlarge.] As a part of the ‘razor-gang’ requirements to create a budget surplus the Minister for Financial Services and Superannuation has been targeting yet again the tax collected from superannuation contributions. This makes a mockery of any intended 40 year working life preparing for retirement plans made today. This will be the 10th alteration to the Superannuation laws since this Government came to power in late 2007 – that’s two a year. The Australian reported a story on savings and tax changes to superannuation as a part of Shorten’s intended ‘razor-gang’ savings.
The Superannuation tax changes introduced at the end of the 1011-12 financial year can be read using this link. Suffice to say – Superannuation savings will be the most targeted investment group in coming years as Governments try to raise revenue. Any 40 year plan being invested in now – has not real rate of return prediction given the impending and future alterations that will be made to Superannuation tax rates. The Superannuation preparedness to wean retirees off Government funded pensions and onto superannuation is 20 years old. It is a failed experiment given what the GFC did and is continuing to do to superannuation savings. Bill Shorten is a Unionist serving in Government – has is dumber that Wayne Swan on matters of finance and his track record of this is the history of the AWU when he became prominent in the early 90’s when the ‘slush fund’ funded union heavies plundered the members funds. Putting someone like him in charge of the financial future or all superannuation contributors is like putting the fox in the henhouse. These three examples, Peter Slipper, Wayne Swan, and Bill Shorten are all on Gillards watch. Add the likes of Craig Thompson and there can be no other tag than to call this Government ‘out of its depth’. Why can’t the media bring pressure to bare on this Government’s performances? In a nutshell – they do not understand what it is that they do not understand. Please – if you found this story to your liking and would like to promote it to your social media contacts – i.e. Twitter, Facebook, or other icon linked account below – please click your favoured Icon(s) to promote the story. Thankyou. 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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