Archive for January 18, 2013

EYE-BALL’s Harry’ Growl on – Hedley Thomas and Larry Pickering – Resume their AWU crusade against Gillard –

January 18, 2013 4 comments
Latest ‘Harry’s Growl’ Posts:

– 1st Jan 2013 – Jenny Macklin – Joins Swan as another ALP Fu_kwit – Claims she can live on the Newstart allowance –

– 20th Dec – Wayne Swan – His backflip on the 2012-13 Surplus – Makes him the Fu_kwit of all Fu_kwits –

– 16th Dec – Lenore Taylor – Chief Political Correspondent for the SMH  – Part II
– A correspondent pushing her own political agenda  –

– 15th Dec – Lenore Taylor – Chief Political Correspondent for the SMH  – A correspondent with her own political agenda  –

– 14th Dec – Gillard’s Gutter Mouth – The dishonour she does to the office of the Prime Minister –

– 3rd Dec – The GREENS – Leader Milne has her head in the sand –

– 28th Nov – The Dogs have their BONE Part II – The Wilson Interview and how it reflects on Gillard –

– 27th Nov – The Dogs have their BONE Part I – Gillard’s kicked them out the house –

– 23rd Nov – The ALP and Obeid Train Wreck  – is it meant to distract from Gillard & the AWU Scandal –

– 22nd Nov – Gunfights at the OK Corral: Misandry v Misogyny – GILLARD v Ralph BLEWITT – GILLARD v Hedley THOMAS – GILLARD v Mike SMITH – GILLARD v Larry PICKERING – GILLARD v ALP Caucus – GILLARD v All Australians …

– 13th Nov – The Day the heavens began to cave in – – Obeid and his entourage to bring it all down … –

– 10th Nov – The 2012 US Presidential Election Part II – The Fallout – the GOP beating up on itself –

– 8th Nov – The 2012 US Presidential Election Part I – what does it really mean —

– 7th Nov – Bob Carr … Foreign Minister – as profiled by “The Australian’s” Ross Fitzgerald –

– 29th Oct – The Most Irrelevant of all Irrelevancy – Independents – Slipper, Thompson, Windsor, Oakeshott, Katter & Wilkie – hanging on to office rather than face the electorate –

– 27th Oct – Julia Gillard does not understand Hypocrisy – ALP Powerbrokers dump Penny Wong – makes Gillard look foolish over her ‘sexism’ claims –

To see more EYE-BALL Harry’s Growl posts:
click here …

– Hedley Thomas and Larry Pickering –
– Resume their AWU crusade against Gillard  –
| Author: EYE-BALL’s Harry’s Growl | 18th Jan 2013|
[Photo – Olivia Palmer leaves Kawana Waters police station yesterday. Picture: Lyndon Mechielsen Source: The Australian]

The AWU scandal is alive and well!!!Hedley Thomas – in his first story back since the end of November ’12 has raised the ‘Crossbones’ flag signaling an all out frontal attack against Gillard.   During the summer – Victorian and WA police have been gathering evidence in response to statements and media performances by Ralph Blewitt, and Bruce Wilson disclosures late last year.

Coalition Government’s in both Victoria and WA will be assisting these enquiries and as at right now – ‘suits’ all around the Nation are debating whether a sitting PM can be charged with criminal behaviour and how to go about it.

This is where this scandal is headed – kid you not … it is well ahead of itself at the moment given this is an election year and the ALP caucus will not all roll over and commit hari-kari for Gillard’s sake – they will make her jump first if they want to keep some resemblance of a political party not on the road to self destruction.

Hedley Thomas’s story is pasted below for those who don’t read The Australian, or cannot access it on-line:

Slater & Gordon secretary quizzed as police step up AWU inquiries

| Author: Hedley Thomas | Date: Jan 17th, 2013 | Link to On-Line Story. |

A HIGHLY sensitive investigation by Victoria Police into the union scandal that has dogged Julia Gillard for 17 years has been stepped up, with a detective travelling to Queensland’s Sunshine Coast to take a detailed statement from a key witness.

The witness pictured above, Olivia Palmer, is a highly regarded former legal secretary who worked with Ms Gillard at Melbourne-based firm Slater & Gordon lawyers when the fraud involving the Australian Workers Union unfolded.

A Victorian detective who arrived in Queensland on Monday spent most of Tuesday and yesterday interviewing Ms Palmer at Kawana police station near her Caloundra home. Ms Palmer – formerly Olivia Brosnahan – also provided evidence to detectives in Melbourne last week about her recollection of the firm’s role in the funding and conveyancing of a $230,000 terrace house in Fitzroy, in the city’s inner northeast.

The Kerr Street property was bought with cash from the AWU Workplace Reform Association by Ms Gillard’s then boyfriend, Bruce Wilson, in 1993.

Ms Gillard, who had provided legal advice to Mr Wilson to set up the association, attended the auction.

The Prime Minister has repeatedly and vehemently denied wrongdoing, saying she knew nothing about the workings of the association. The association, which Ms Gillard later described as a “slush fund” for the re-election of union officials, was used by Mr Wilson and his union colleague Ralph Blewitt to defraud hundreds of thousands of dollars.

Ms Palmer, a retiree, told The Australian yesterday: “I am unable to comment to the media about this.” Her husband, Garth Palmer, said police had asked his wife not to discuss her evidence or the probe in public.

Victoria Police’s fraud squad has examined hundreds of documents including the Slater & Gordon conveyancing file for the Fitzroy property.

The file shows that Ms Gillard signed and witnessed a power of attorney that enabled Mr Wilson to buy the terrace house on behalf of Mr Blewitt, a confessed fraudster and union bagman.

Ms Palmer’s role at Slater & Gordon at the time is outlined in conveyancing documents that show she made file notes, particularly about the power of attorney document signed by Ms Gillard.

It is understood that one key element of the police investigation concerns whether stolen union funds were dishonestly used to buy the Melbourne property. The establishment of the AWU Workplace Reform Association following Ms Gillard’s legal advice, which was at the heart of heated exchanges between the Prime Minister and Tony Abbott in the last week of parliament last year, forms part of the renewed police probe.

Mr Blewitt, who admitted to The Australian last year that he was part of a fraud designed by Mr Wilson, faces possible criminal charges after telling Victoria Police of his role with the slush fund. He has alleged that the power of attorney was a false document.

Ms Gillard, who left Slater & Gordon abruptly in 1995, fronted a media conference on November 26 and angrily denounced Mr Blewitt as “a complete imbecile, an idiot, a stooge, a sexist pig”.

Asked about the power of attorney document and whether it was done lawfully, Ms Gillard said: “I’ve said publicly on more than one occasion that I did nothing wrong, and I did nothing wrong in the witnessing of this power of attorney. So it’s going to come down to Mr Blewitt’s word against me.

“You can work out who you believe: the person who is standing here, Prime Minister of Australia, who has done nothing wrong; or the man who says he’s guilty of fraud and is looking for an immunity.”

She also referred to file notes made at the time by Ms Palmer.

Victoria Police said last month in response to a Freedom of Information application that the documents held by detectives would not be released as investigations were ongoing. A spokesman reiterated this week that “the investigation is ongoing and we will not be providing a running commentary”.

West Australian police said they were liaising with Victoria Police and “ready to assist our Victorian counterparts”.

A source close to the Victoria Police investigation has confirmed that several detectives are actively pursuing a number of leads and speaking to witnesses.

It is understood that Victoria Police have also visited the builder, now retired, who renovated Ms Gillard’s Melbourne cottage.

Ms Gillard says she paid for the renovations herself.

Another witness, an AWU official involved in the renovation, Bill Telikostoglou, is expected to return to Melbourne from his home in Athens this month to assist police.

Gillard made a mad-dash to the bathroom when she read this story – a ‘belly-drop’ ensured that would have matched the ‘deli-belly’ Australian cricketers talk about from a bygone era … she ‘crapped’ herself to be blunt.

She is yet to respond, and as the media warms itself for the new year,  those still in holiday mood had better return else they might miss it all.

Her reappearance a few days earlier in what looked like a wardrobe and body shape makeover, all to offer the electorate a softer image, has now been destroyed by this single article by Hedley Thomas – see above.

Her Santa wishes never came, her New Year resolutions are now defunct … the only game she has left is to again adorn her ‘mysandrist’ persona and fly the feminist flag with her Pickering attached ‘dildo’ as her pointed sword  – aimed upwards at all male genitalia.

That is all she has – a thug mentality, a bully’s box of sweet tricks, an empty head full of Unionist ideals forged from her past corruption, … Gillard is no ‘Joan of Arc’ – she’s and atheist as compared with Bob Hawkes agnostic beliefs.

The ALP caucus has to know her carcass is as crisp as burnt morning toast left to air for a few hours … brittle and will crumble with the slightest pressure.  The ‘ouch’ feeling is where that pressure is applied, and the persistence of Hedley Thomas as the sole journalist from mainstream media, and the many other bloggers are all leading the way.

The Cabinet bravado appearing fresh and bloated from the summer break is punctured already … Macklin’s $35 a day declaration was never matched by her retraction and the damage was done.  Her Federal seat of ‘Jagajaga‘ has a very healthy 58%/42% margin … it would be a monster result for her to be outed at the next election.

Then there was the Wayne Swan backflip on the surplus agenda, Wong jumped overboard with him as well on Swan’s say so, and then the Member for Fraser [ACT] – Dr Andrew Leigh, also came out about the ‘surplus’ still being in contention on the back of rising iron ore prices.   His was a weak offering to get himself noticed and has now also made him a targeton economic management as well.

There is no-one on the Government front-bench that has improved their creditability void over the break … ALP remain like the ‘Admiral Graf Spee‘, cornered, weakened and damaged beyond repair, and awaiting lions to rip them to shreds.

Anything that squeaks from any Federal Minister will only open the existing creditability wounds further … if they had any self-respect and an ounce of ‘duty of care’ obligations to the Australian people – they will go to the polls early … but instead they will stage a rear-guard defense and make Australians pay dearly for a minority Government held together by Independents who should know better …

The media reporting of politics for years has become lip service only … the likes of Oakes, and Kelly still have sting but squawk far to infrequently for Politicians to tread warily.

Political bashing was once a ‘blood-sport’ for journalistic hacks … these days their proprietors are too scared to run foul of politicians else they be blacklisted …

To bring some much-needed levity – there is always the Larry Pickering Cartoons … below is a sample of his summer offerings – his images page can be access here[click on image below to enlarge] … enjoy and don’t hurt yourself with the belly laughs …

Larry Pickering also writes some very intelligent blogs including many on the AWU scandal.  Whilst not as regarded as Hedley Thomas in journalistic circles – his penmanship and his heady wit give him a take on things not easily publishable in mainstream media.  None the less … his take on events cuts to the chase and he does not mince words … his Facebook page can be accessed here

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EYE-BALL Guru on – The Lunacy of Idiots in Charge –

January 18, 2013 1 comment
Latest GURU Posts:

– 10th Jan – The ANZ Whitehaven Hoax –

– 5th Jan 2013 – Financial ‘Ghosts’ from the Past – Hawke and Keating v Gillard and Swan –

– 29th Dec – The Great Big Financial Swindle – Part II – The ‘Budget Surplus’ Backflip – Swan tells his own Porkies …

– 22nd Dec – The Great Big Financial Swindle – Part 1 – The ‘Budget Surplus’ Backflip – Swan serves up Senator Wong

– 14th Dec – The Walls are crumbling – Government admits High A$ policy is hurting –

– 4th Dec – Retailers and bureaucrats don’t understand – high A$ value responsible for off-shore purchases –

– 19th Nov – Government Expenditures Part I – Department of Prime Minister and Cabinet – DPMC – STAFFING –

– 3rd Nov – Shareholders – Holding back the world – scared money – scared boss’s –

To see more GURU posts:

click here …

– The Lunacy of Idiots in Charge –
| Author: EYE-BALL Guru | 18th Jan 2013 |
The recent attempts by Government and the Unions to come up with ways to counter the cost of the high A$, and its impact on domestic manufacturing, has again shown up the 90’s style thinking of a Government run by Union thugs who have not adapted to the new world order of Global Trade.

In an article published in The Australian today – what really is in question is why it has taken some 12 odd years of an appreciating A$ on global markets for Industry and Government to get serious about the financial cost of a high A$.   The Australian article is pasted below:

Unions demand taxpayer-funded firms buy local

| Author: National Affairs – David Crowe and Andrew Burrell | Date: Jan 18th, 2013 | Link to On-Line Story. |

UNIONS are pressing the Gillard government to impose tighter obligations on companies that receive taxpayer handouts, forcing them to “give back to the community” by purchasing more Australian products and services.

The toughened regime is on the agenda in the final talks over an industry statement due within weeks as Labor and the unions negotiate ways to shield manufacturing and construction companies from the damage inflicted by the higher Australian dollar.

ACTU president Ged Kearney told The Australian that stricter procurement rules had to be an option in the policy response to the pressure on jobs as local employers missed out on the flow-on spending from vast resource projects.

“We can’t be left with an economy that has no manufacturing. A services economy simply can’t survive,” Ms Kearney declared last night. “We must take a long-term view of this, otherwise we’ll be left with a devastating legacy.”

The Australian revealed yesterday that stronger procurement rules for big resource and infrastructure projects would be part of an innovation statement that Julia Gillard and her ministers are preparing for release next month.

While the government does not want to mandate the level of local content a big investor must buy, the union movement is urging the inclusion of stringent requirements on the private sector.

Ms Kearney backed the use of mandatory local content rules as part of the policy outcome.

“It’s something that should be considered,” the ACTU President said.

One option being discussed is a union proposal to make industry assistance for big companies conditional on guarantees that the companies would buy local goods and services rather than imports.

There would be a threshold to apply the rules to the biggest resource and infrastructure projects.

“When people receive assistance from the commonwealth they have an obligation to give back to the community,” said Construction, Forestry, Energy and Mining Union national secretary Michael O’Connor.

Mr O’Connor questioned whether the community was getting the best return from the current level of industry assistance and said there were direct and indirect jobs to be created from stronger procurement rules.

“If the companies are receiving assistance, there should be some obligations on them,” he said.

“It needs to be on the table. And if it’s not being pursued, why not? Explain to taxpayers why it shouldn’t be.”

Mr O’Connor is a member of the government’s manufacturing taskforce, the forum for much of the discussion over the new industry statement.

The government helps industry with $9.8 billion in annual subsidies, tax breaks and tariff concessions.

While carmakers and clothing manufacturers get the biggest aid, the Productivity Commission’s annual survey showed that budgetary assistance to the mining industry climbed to $506 million last financial year.

Canberra changed its procurement rules in 2011 so that companies bidding for more than $20m in work had to sign up to Australian Industry Participation Plans and spend more on local supplies.

Union leaders said the rules for private companies receiving industry assistance could be similar to the commonwealth procurement policy, although it was not clear late yesterday what financial threshold might apply.

The labour movement is said to be comfortable with the government’s overall direction on the new industry statement, being led by Industry Minister Greg Combet.

The nation’s peak steel industry body, the Australian Steel Institute, welcomed the government’s move but warned that new measures must be accompanied by rigorous reporting obligations and strict enforcement.

ASI chief executive Don McDonald said a policy change was urgently needed due to the lack of domestic demand in the steel and heavy engineering sectors.

Mr McDonald pinned much of the blame for the decline on the booming resource sector, which he claimed had imported large amounts of fabricated steel.

“The ASI believes that a key component for better industry engagement, flowing to more jobs, would be a robust Australian Industry Participation Plan process and the ASI has put a detailed AIPP policy prescription to government,” he said.

“To be effective, AIPPs need to be adopted which provide meaningful and transparent disclosure of the levels of engagement and local industry supply by product sector.

“For AIPP processes to support job growth, there need to be clear guidelines on implementation, rigorous reporting obligations and strict enforcement of local content policy.”

Minerals Council of Australia chief executive Mitch Hooke rejected suggestions that mining companies spent too little on local content.

He said that federal government data from 2009 showed the mining industry’s total demand for goods and services was $85.7bn, of which $75.8bn – almost 90 per cent – was supplied by local industry.

More than 50 per cent of iron and steel used by the mining industry was locally supplied and almost two-thirds of structural metal products used by the industry was locally supplied.

Some 12 odd years into an obvious Global shift in how markets respond to economic data – i.e. strong economies encourage offshore investment driving up the currency … and ultimately as the cycle of this off-shore investment churns and siphons wealth from the targeted Nation,  Industry begin to realise they have become uncompetitive on the global stage and panic begins to set in.

This is where the above story is coming from … our Leaders, Treasury, and Industry have all been asleep thinking a high A$ and the cheaper imports it brings was good for Australia.

This Nation is 10 years behind the global change and that is too far back to begin catch-up with policy like forcing taxpayer subsidised handouts to but domestically.

This think-tank option proves the point in the stupidity of Unions defending their workforce and wage rates.   The value of the currency turns the key and unlocks a whole load of ‘whoop-ass’ on any economy not prepared to defend itself.  With an idiot like Swan and a kiss-ass RBA head and Board full of bureaucrats promoted from within – no wonder Australia is sitting upon a powder keg about to explode from within.

As was the case in late 2008 when the A$ fell off a cliff in response to the collapse of ‘Lehman Bros‘, and ‘Bear Sterns‘. These failures in a post Beijing Olympics 2008 set up the GFC and what ultimately became the ‘sub-prime’ scandal.   See charts below – same A$ v US$ chart over 15yr, 5yr, and 1yr time frames … click on chart to enlarge n a new window – Charts provided by Incredible Charts:

15yr Chart:

5yr Chart:

1yr Chart:

The price action on the 1yr chart indicates a breakout to the upside … on the 15yr chart this indicates new highs in the next 3-6 months …

This being a Federal election year in Australia you can be sure that the Government will be tweaking the numbers for its own self-serving agenda. The above story about ‘buy Australia’ is an old and tried version of trying to fix our trade imbalance. With downside in the A$ classed as ‘low risk’ – off-shore investors already invested will only become nervous investors if the political scene becomes unstable. That might happen if Gillard and the AWU scandal takes off given the Victorian and WA police investigations working in tandem and a steady flow of damaging evidence comes to light.

Rest assured the ALP caucus have their eyes on this story, as well as the Slipper fraud and the Thompson HSU court case.

If Tony Abbott was to do nothing he will win this election in a landslide …

The RBA have stated in the past as reported on this site they are scared to challenge other Central Banks over their buying of A$ bonds … an investment happily provided by this Labour Government with its $300 billion spend.

AN interesting research model would be to compare the performance of the top 200 publicly listed companies, with the top 50 companies, and then with the Banks, and the big miners since the heat of the GFC.

What you would find is that more concentration of Fund Management money has been placed in an ever narrowing group of Companies because the investment market does not trust the stock market anymore.

Everybody is leveraged ‘short’ or ‘neutral’ and all the risk is therefore to the upside.  A breakout of the A$ will create ‘short-covering’ and a spikes in the equity and bond markets as well.  Bond yields will again fall as a new wave of off-shore money arrives to help push the market … and then it will begin to flatline once again.

How the election interplay’s in this financial game of chess is a mind game in itself … Abbott’s win is factored in … if Gillard remains and her preferred PM numbers stay the same … the bookies odds will alter quickly and dramatically …

This is gonna be a volatile year folks … strap yourselves in and my money is on selling A$ assets on a breakout above A$1.10 v US$ looking for a long-term bubble burst in Property, Equities, and the A$ all crashing in a sharp reversal …

I’ve been here many times before over the last 25 odd years and whilst the theory and rhetoric has always been right … the Government has thwarted the best laid plans by printing more and more money – all in a vain attempt to delay the inevitable and push the Armageddon scenario on to some sucker of the future who will be left holding the poison chalice and with no musical chair left to use.

The next few weeks will just be warm-up rounds for what is to follow … the heavy hits won’t start until Mar/Apr … and if Slipper resigns and takes his super, as opposed to risking being found guilty and losing it all … the by-election could trigger an early call on the election … so whilst it will be gently gently in the next few weeks on all sides … much will be happening behind the scenes.

Slipper – as unimportant and morally bankrupt as he is – still may play a very big part on what happens this year – that is where he likes to position himself and his epitaph still has many possibilities.

Hunker down folks … this is gonna be some sort of ride!!!

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.

The EYE-BALL Guru …

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