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EYE-BALL’s Herman on – The Carbon Tax – Post Election …

March 10, 2013 Comments off
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Links to Previous ‘Herman’ Posts:


- 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:

click here …


Title:
The Carbon Tax – Post Election …
| Author: EYE-BALL’s Herman O’Hermitage | 10th Mar 2013 |
The Australia Industry Group (AIG) now favours converting our Carbon Tax to an Emissions Trading System (ETS). That means to allow the electricity producers to buy carbon credits on the world market to satisfy their tax liability and thereby offset.

Carbon Credits sell for 20% of Australia’s existing tax in Europe.This is several things. Tony Abbott has promised to get rid of the tax. What does that mean? Would adopting the AIG recommendation represent a broken promise, to keep the tax but allow ETS offset?

The way things are going the coalition will have such a large majority in the lower house, it will not matter much, and Christine Milne’s promise “over my dead body” may well be her epitaph. The state results in WA overnight simply highlights how the ALP will struggle to realistically expect to win a single seat from the opposition, and their losses will be massive. The electorate wants to expunge the last 3 years as fast as possible

For me, it is only about the micro economic reform that is required to attract manufacturing sector back to Australia. In a perfect world industry should expect to pay closer to 20c a kilowatt hour for energy, rather than closer to 30c. The wage structure is a secondary problem. And as for the currency, that stays in the too hard basket. It should not stay in the too hard basket, but we are a function of free markets and that means Quantitative Easing in both Europe, USA and don’t forget good old Japan. China are currency manipulators (but for that matter what is Quantitative Easing)? Maybe Quantitative Easing is a nice way to call Currency Manipulation by our NATO allies.

From the ALP perspective, they just need revenues to fund their wanton spending program. There truly is a “Goddess of Size” or “Recklessness of Large Numbers” about this government. The Minister for Health is simply incapable of quoting any programme as a per annum cost. The politician requires her to talk about a 10 or 5 year programme costing essentially 5 times or 10 times as much.

The Treasurer too loves to talk in “over the Forward estimates”. The treasury project forward estimates over 4 years. Forward estimates can be very confusing, it means several assumptions like constant GDP or inflation or unemployment. Shift one by a modicum, and what is the outcome? A 1% fall in Government revenues has led to a $22 billion change in deficit this year, so far. Extrapolate that over 4 years.

This is the very essence of what most current debate misses. What does any spending programme really mean to tax take, and will it further erode incentive? The Business Council of Australia (and their fraternal twin Deloitte Access) are all about the road to fiscal repair. I too think that is truly great. I tend to think of it as the Scottish Rite. Waste not! want not!

This comes to the nonsense of costing of programmes. To say that wiping out Carbon Tax and MRRT will leave a hole in the revenue side is fair enough, but when it comes to finding savings that is a work in progress, and simply can’t be costed until it is fully project scoped. What will 20,000 jobs in Canberra save? In the first year not much after paying for redundancy costs. Moreover it does not happen overnight. The way it rationally might occur is finding recurring savings of 10% per annum until efficiency is truly obvious.

This is where NSW State is currently at. In the first 12 months, there was a bit of crumbling at the edges, selling surplus assets (like surplus Roads and Traffic Authority land), attacking volunteer fire fighters Workers Comp, draconian tightening in health budgets, so more beds were closed, but now larger strides are occurring in bureaucracy. Flatter command structures, wholesale layoffs.

Queensland are a year behind NSW. We await details on Costello’s audit where so far predictably all we know is sale of assets to cut the interest cost fiscal drag of accumulated deficit is the way forward to regaining their AAA rating.

Despite what occurred in Victoria this week, should Geoff Shaw cross the floor and bring down the government would a resultant poll see a change of government. It is hard to imagine, but he has already guaranteed to support both supply and confidence. Enough said.

Reverting back to my original posit, if the Carbon tax stays with ETS offset would that be a breach of Tony Abbott’s promise? It is a flawed question! It is only about integrity. Therefore Mr Opposition leader you might think to address this before going to the polls. What do you mean?

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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


EYE-BALL’s ‘Herman’ …

EYE-BALL Opinion – A new low – Gillard buying Aboriginal Votes – The fairness [or not] in Nova Peris’s appointment -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 16th Jan – Claims of Climate Change Answers - Akin to Lucifer and the evil men do -


- 14th Jan – ALP Backbencher Andrew Leigh adds himself to the Idiot Brigade


- 13th Jan – 2013 Geo Political & Economic Predictions – Global uncertainty at post 9/11 high -


- 3rd Jan – Paul Howes joins the ‘idiot’ crowd  -
- He sees ‘lower interest rates’ as the answer -


- 27th Dec – Climate Change & The Human Factor  – The Silent Debate nobody wants to talk about -


- 17th Dec – American Gun Laws – will to change is just not there for Legislators


- 15th Dec – “International men of Mystery” – An Australian modern-day Bank Heist story -


- 13th Dec – eBay Traders on welfare tracked – for income and tax investigations -


- 12th Dec – Roxon joins Gillard as Enemy of the State – The Slipper verdict 1s Justice denied


- 11th Dec – Gillard is Dividing A NATION – It’s not about Politics, but rightful entitlement -


- 6th Dec – Gillard’s Judgement again challenged – what she’ll do for any positive publicity  -


- 5th Dec – ALP Senator John Faulkner – Perhaps a dark horse for the PM job  -


- 5th Dec – QLD ALP Badguys land plum jobs – Gillard continues to add to the mediocrity -


- 3rd Dec – Bob Katter’s Australian Party – an alternative -


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer …


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- A new low – Gillard buying Aboriginal Votes -
- The fairness [or not] in Nova Peris’s appointment -
| Author: EYE-BALL Opinion | 23rd Jan 2013|

The appointment of former Olympian Nova Peris to the number one (1) position on the Federal ALP Senate ticket, is a move by Gillard that places Peris as one of the star attractions to the ALP self-destruct party to take place some time this year, and in conjunction with the Federal Election.

Peris has been a sporting celebrity, but is she a focused representative for Aboriginal affairs, how about white Australians affairs, is she someone with past political credentials,  a person that all Northern Territory constituents will respond to,  is Peris qualified to bypass Local and State politics and jump right into the big league of Federal politics?

Gillard’s announcement bypass’s all the above questions and hands Peris a six year term as an Australian Senator.  She is not even an ALP member at the time of the announcement.   What is Gillard hoping to achieve with this announcement?  Regardless of the predicted licking Gillard will get at the next Federal election – Peris will still be elected to the Senate as the number one (1) Senate position.

The Party room rumblings from Gillard’s announcement are still gathering momentum. It appears that the 15 year sitting Senator Trish Crossin has been quashed from having any say in her successor on the basis of being a past Rudd supporter.  Crossin had announced her intention to vacate the position, but the process of electing her successor has due process.

It appears Gillard is not done with Rudd and his supporters and the cleansing is still on-going.

The recent ALP loss in the Nth Territory elections is being used as a motive. The aboriginal vote in those elections turned away from the ALP and Gillard acting under advice has been pushed toward an aboriginal candidate to help mend electoral wounds.

The political move is short sighted and obvious – when she plucked Bob Carr to appease her backers for the Rudd assassination, she was acting to instructions.   This appointment appears to be all Gillard, a ‘captains pick’ she called it.

I doubt Nova Peris has any real idea how big a pawn she is in Gillard’s larger game plan.

Nova’s emotive response yesterday suggests being overwhelmed.  When she won medals at Commonwealth and Olympic games was she as emotive?

I detected mental issues that might be associated with her life history, depression, and other serious issues arising from grief, oppression, racial abuse, they all leave scars and the question is – did anyone do a psych evaluation on Peris before Gillard made her move?

Yea – I’ll take your dump – but I think all Politicians need to pass a psych evaluation before they enter politics, and at least once again every term served.    Living a job where it depends on a popularity contest wears away at the self confidence, the ability to be honest with the public and yourself, and to do the right thing as opposed to the popular thing.   I’d throw in a lie detector test as well,  along with forensic accounting audits of all family assets every term, and for the next 10-15 years after they left politics – but then I might be a bit paranoid about corruption and politics.

The Obeid story makes this sort of accountability mandatory and if politicians say it is not necessary – it is the same as the Police Union saying no cops take bribes.

But really – who knows anything about indigenous affairs in the Nth Territory – if you don’t live there how could you know.

Mal Brough as Howard’s Minister for Indigenous affairs had a high profile but lost his seat in 2007.   He had a plan to fix the problem and Howard went to extraordinary lengths to try and sell Brough and his plan to the electorate before the 2007 election.   Brough was a high profile loser in that election … and in opposition, Brough would not have had much importance in policy input anyway if he did manage to hold his seat.

Nova Peris has been elevated to the Senate position bypassing all NT ALP rules governing pre-selection, and has not fronted the party members who are a part of the selection process.

What is the point of having State/Territory Party rules if the PM can by-pass them?

It could only happen if people like Bill Ludwig, Paul Howes, and a few other former Union heavies now serving as MP’s and Senators  were in agreement.

This points to a larger issue about a ‘Captains Pick’.   Dear Ms Gillard – you don’t have the right to a ‘captains pick’ in State and Territory politics – if you want to change the rules, do so before you break them.

In all the media commentary on this matter today – no one has really taken Gillard to task. They have soft peddled all around it – but none have said that it is constitutionally [ALP Rules] wrong to have done what she has done.  That any challenge to the announcement would create a controversy Nova Peris would have to live with without Gillard there after the next election to support her.

Is this a feminist decision, is it Rudd revenge against the incumbent, is it Gillard having her strings pulled again as was with the Bob Carr announcement, does it further dumb down the qualifications needed to become a Parliamentary leader, does it fit well with Nth Territory ALP supporters?

All questions that would have been answered if due process had of been followed.


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


The EYE-BALL Opinion …

EYE-BALL Opinion – Claims of Climate Change Answers – Akin to Lucifer and the evil men do -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 14th Jan – ALP Backbencher Andrew Leigh adds himself to the Idiot Brigade


- 13th Jan – 2013 Geo Political & Economic Predictions – Global uncertainty at post 9/11 high -


- 3rd Jan – Paul Howes joins the ‘idiot’ crowd  -
- He sees ‘lower interest rates’ as the answer -


- 27th Dec – Climate Change & The Human Factor  – The Silent Debate nobody wants to talk about -


- 17th Dec – American Gun Laws – will to change is just not there for Legislators


- 15th Dec – “International men of Mystery” – An Australian modern-day Bank Heist story -


- 13th Dec – eBay Traders on welfare tracked – for income and tax investigations -


- 12th Dec – Roxon joins Gillard as Enemy of the State – The Slipper verdict 1s Justice denied


- 11th Dec – Gillard is Dividing A NATION – It’s not about Politics, but rightful entitlement -


- 6th Dec – Gillard’s Judgement again challenged – what she’ll do for any positive publicity  -


- 5th Dec – ALP Senator John Faulkner – Perhaps a dark horse for the PM job  -


- 5th Dec – QLD ALP Badguys land plum jobs – Gillard continues to add to the mediocrity -


- 3rd Dec – Bob Katter’s Australian Party – an alternative -


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer …


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- Claims of Climate Change Answers -
- Akin to Lucifer and the evil men do -
| Author: EYE-BALL Opinion | 16th Jan 2013|
The Australia Summer for 2012-13 is half over and everybody is experiencing the heat, the bushfires, the smoke, and believing that this summer represents something bigger than it really is.

The climate ‘alarmist’s’ are out there spreading the news about how this summer is proof positive that climate change is here.   To the sceptics it is as if Lucifer himself is out there feeding the ‘Climate Change’ debate.

Is it possible to look at a weather extreme these days without ‘Climate Change’ being blamed?

Every weather pattern forecaster indicated the ‘El Nino’ effect on Australia would be more pronounced this summer off the back of ‘La Nina’ weather patterns the previous 3 years.  During that period we saw our dams full, the Queensland and Victorian floods, the milder temperatures,  and now in a full-blown summer of bushfire and extremes of heat – where has all the moisture gone?

For starters the back burning that would have happened during winters a decade or so ago would have prepared the undergrowth for a hot summer and the bushfires we have today would not have been as extreme.   All the scare mongering about under growth equalling fuel is true and we are seeing it this summer.   What would be the score if forestry rangers have been able to burn off the ‘fuel load’ in winter like they used to … would there have been less CO2 emitted as compared with the current bushfire cycle imposing its hell and brimstone?

Scientists tell us about millennium old weather patterns … and the question between alarmist and sceptic is divided … having once been an alarmist from the mid 90′s and up until the Rudd election – with the ‘moral challenge of the 21st century’ statement I became more widely read and began to ask questions in why I believed in the ‘alarmist’ rhetoric.

I reversed my position – I now believe that we owe it to ourselves to become more efficient users of what energy resources we have left and to find new ways that are not fossil fuel dependent.  I also believe that mother nature will take care of its own without fervor or favour to humans.

What does it mean if sea levels do rise?  Will floods become more ravaging, typhoons, cyclones, and hurricanes more damaging – if so it will be because the human habitat has encroached on natures providence without regard or respect to history,  or accounting for the long-term damage damming and blocking river flows has caused.

Man has found in a short 200 years ways to capture natures abundant harvest – the question I ask – have we harvested too much too quickly, and without regard to the consequences of the explosive human population and the greed man has as his motive in those last 200 years?

Over this Summer period there has been a series of media fed stories again questioning the long-range human induced climate change predictions. One such article was published in The Australian today and was about the predicted rise of sea levels … read caption below:

Caution on tying heat to climate change


| Author: Matthew Denholm, Tasmania Correspondent | Date: Jan 16th, 2012 | Link to On-Line Story. |

AUSTRALIA can expect more heatwaves and bushfires in the decades ahead but scientists caution against blaming this year’s record temperatures and devastating blazes on climate change.

Several leading climate scientists at an Intergovernmental Panel on Climate Change meeting in Hobart yesterday warned that heatwaves might become six times more frequent in Australia within 30 years. However, they also said this summer’s bushfire disasters and record temperatures across many states could not be judged to be a result of climate change.

“You need to look over longer periods of time and take into account variations over a longer period of time to make a careful assessment,” said Scott Power, Bureau of Meteorology senior principal research scientist.

“But it’s clear that these sorts of things do become more common under climate change and it’s clear that Australia has warmed up, the world has warmed up, coastal sea levels have warmed up, global sea levels have warmed up.”

rest of story linked here

This story in isolation was tame and not hardly worth the notice – however in context with the extremes of our current summer, and the other stories being printed around the globe and at home – it forms a piece of the jig-saw that forms the debate.

Presented below are links to other current and active media stories from around the World on the ‘Climate Change’:

And then there is the ‘Climate Madness’ side of the debate …

Look – in my mindset the debate is far from clear yet the ‘alarmist’s’ have the sway by a yardstick measure that is not reflected within the scientific community. Nations around the world have committed to spending trillions’ over coming decades in an attempt to reduce carbon emissions.

In the known universe and history of our planet – our mother nature takes care of itself, volcanic eruptions, ice cap melts and re-freeze, northern and southern hemisphere oscillations – in a life time we all get to see and experience the extremes of a time freeze second of the Planets history – yet we have hubris the think that we can predict the future from that spec of time and out living in that moment.  Just how arrogant do we think we are?

In that same second of time freeze our scientists have calculated that the current atmospheric CO2 level emission rise, from 35 parts per million to 39 parts per million, has the consequence of challenging life’s existence on this planet within a 100 years or so.

I cannot accept how portions of the global scientific community can predict that it is only CO2 that has caused any perceived warming and sea level rises?   Surely human population and the planets ability to sustain population at current and increased levels form a part of the debate and the solution.

Bushfires produce CO2 and other gas emissions, a decade ago Indonesia was burning rainforests for a number of years to clear land for farming purposes … the Amazon has been doing this as well – hell some 30 years ago we were told that the Amazon rainforest was needed to save the planet – yet 50% of that rainforest has already been turned into pasture and urban development … how series is the fight for rainforests if they are the conduit to keep CO2 levels stable.

Al Gore has much to answer for with his alarmist ‘Inconvenient Truth’ story … yes it was a story as seen through a story tellers eyes, and as always the human race saw a tale and believed it without so much as a questioning to its purpose, its accuracy, or its moral integrity.

Since then – Governments all over the world have fallen over themselves funding grant applications from any scientist wanting to prove climate change.  Conversely – the scientist who wants to disprove the theory does not get the same funding or resources.

Vested interests support vested interests … and that leads to the question all Australia wants answered – what is the real motive behind Gillards ‘Carbon Tax’ reversal?

Was it to gain power as PM with the support of the Greens when only a month earlier she declared there would be no ‘carbon tax under a government she led’.   Or, was it because in that same month she became a converted alarmist … the answer is obvious to all!

In fact she used Kevin Rudd’s ‘Climate Change’ claim that it was to be the – ‘moral challenge of the 21st century’ to help roll him.   It was this statement and the Copenhagen disaster that was the beginning of the end for Rudd – he became isolated and the Union thugs behind the scene began to mold and position themselves for their coup.

The ‘Climate Change’ debate is a brainwash being put upon a populace as culpable as the religious ‘heaven verses hell’ debate.

Nobody can claim they have even visited ‘Heaven’ or ‘Hell’  – it is a mindset belief and a faith choice – ‘climate change’ alarmist’s are asking us to look into the future and believe what scientist are being paid tell us.

All the ‘alarmist’ can tell us that this ‘climate change’ Armageddon is a result of human interface – we are responsible for the change, we are the ones killing our planet – yet nobody is taking about a real solution to human induced climate change – that is to reduce the human population … can you imagine Governments around the world selling a solution like ‘human culling’ as a means to cut carbon emissions?

The rejection in facing the truth and lack of want to sell such an answer, has the world leaders embracing the ‘carbon tax’ solution – this is the greatest hoax in all history bar one – the selling of a perceived ‘heaven and hell’ existance after death.

Nobody has the answer to either question – the formation of Earth as a part of the Big Bang theory, as opposed to God building Earth in seven days divides the global opinion on the miracle of life.

When one thinks about life and how it came to be … one has to acknowledge the genius of evolution or of another factor … nobody has all the answers and in an ever increasing cynical world opinion on almost everything we face today … believing that a ‘carbon tax’ is going to fix any perceived ‘climate change’ is Lucifer in bed with the Politicians and playing inside our heads.


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


The EYE-BALL Opinion …

EYE-BALL Opinion – Climate Change & The Human Factor – The Silent Debate nobody wants to talk about -

December 27, 2012 Comments off
The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 17th Dec – American Gun Laws – will to change is just not there for Legislators


- 15th Dec – “International men of Mystery” – An Australian modern-day Bank Heist story -


- 13th Dec – eBay Traders on welfare tracked – for income and tax investigations -


- 12th Dec – Roxon joins Gillard as Enemy of the State – The Slipper verdict 1s Justice denied


- 11th Dec – Gillard is Dividing A NATION – It’s not about Politics, but rightful entitlement -


- 6th Dec – Gillard’s Judgement again challenged – what she’ll do for any positive publicity  -


- 5th Dec – ALP Senator John Faulkner – Perhaps a dark horse for the PM job  -


- 5th Dec – QLD ALP Badguys land plum jobs – Gillard continues to add to the mediocrity -


- 3rd Dec – Bob Katter’s Australian Party – an alternative -


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer …


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- 14th Nov – The Australian Media – Lapdog’s at best – absolutely lost the plot on integrity, and their charter of responsibility -


- 9th Nov – Open Letter to “The Independents” Re: -
- Julia Gillard, Peter Slipper, and Craig Thompson, three MP’s who bring continued shame to our Parliament -


- 9th Nov – “Courage is an Angle” – the difference between a good day and a great day -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- Climate Change & The Human Factor  -
- The Silent Debate nobody wants to talk about -
| Author: EYE-BALL Opinion | 27th Dec 2012 |
There has been trillions of words written on the human impact on climate change – yet the amount of words written about a ceiling on a sustainable level for a global human population could fit on a small flash drive.

For as long as this EYE-BALL site has been up and running – the Carbon-Tax ‘fix’ to the climate-change debate has been taken to task.

All the talk about ‘human-cause’ and the remedy debate used in the ‘carbon-tax’ policy, leading to the $trillion’s to be spent on ‘clean-energy’ in the coming decades has almost fooled everybody, yet not those who think outside the square.

The OECD has a report titled – Outlook for 2050‘ – the full report is linked here – a short summary of some of the top-sheet findings in the report are presented below:

The Consequences of Inaction – Key Facts and Figures include:

  1. Socioeconomic Developments:
  • World population is expected to increase from 7 billion today to over 9 billion in 2050. A growing population is likely to increase pressures on the natural resources that supply energy and food.
  • World GDP is projected to almost quadruple by 2050, despite the recent recession.
  • Average GDP growth rates are projected to slow gradually in the coming decades in China and India. While Africa will remain the poorest continent, it is projected to see the world’s highest economic growth rate between 2030 and 2050.
  • Over a quarter of population in OECD countries is projected to be over 65 years of age in 2050 compared to about 15% today. China and India are also likely to see significant population ageing, with China’s workforce actually shrinking by 2050.
  • Cities are likely to absorb the total world population growth between 2010 and 2050. By 2050, nearly 70% of the world population is projected to be living in urban areas.
  1. Energy and Land Use

By 2050, without new policies…

  • A world economy four times larger than today is projected to need 80% more energy in 2050 without new policy action.
  • Global energy mix in 2050 will not differ significantly from today, with the share of fossil energy at about 85%, renewables including biofuels just over 10%, and the balance nuclear. The BRIICS are projected to become major energy users, increasing their reliance on fossil fuels.
  • To feed a growing population with changing dietary preferences, agricultural land is projected to expand globally in the next decade to match the increase in food demand, but at a diminishing rate. A substantial increase in competition for scarce land is expected in the coming decades.
  1. Climate Change:

By 2050, without new policies…

  • Global greenhouse gas (GHG) emissions projected to increase by 50%, primarily due to a 70% growth in energy-related CO2 emissions.
  • The atmospheric concentration of GHGs could reach 685 parts per million (ppm) CO2- equivalents by 2050. As a result, global average temperature is projected to be 3 degrees celsius to 6 degrees celsius above pre-industrial levels by the end of the century, exceeding the internationally agreed goal of limiting it to 2 degrees celsius.
  • The GHG mitigation actions pledged by countries in the Cancún Agreements at the United Nations Climate Change Conference will not be enough to prevent the global average temperature from exceeding the 2 degrees celsius threshold, unless very rapid and costly emission reductions are realised after 2020. They are more in line with a 3 degrees celsius increase.

It then highlights what will happen if inaction is the course of action adopted:

What if we act…

  • It makes environmental and economic sense. The Outlook suggests that global carbon pricing sufficient to lower GHG emissions by nearly 70% in 2050 compared to the Baseline scenario and limit GHG concentrations to 450 ppm would slow economic growth by only 0.2 percentage points per year on average. This would cost roughly 5.5% of global GDP in 2050. This pales alongside the potential cost of inaction on climate change, which some estimate could be as high as 14% of average world consumption per capita.
  • Carbon pricing can raise revenues. If the emission reduction pledges that industrialised countries indicated in the Cancún Agreements were to be implemented through carbon taxes or cap-andtrade schemes with fully auctioned permits, the fiscal revenues could amount to over 0.6% of their GDP in 2020, i.e. more than USD 250 billion.
  • Delaying action is costly. Delayed or only moderate action up to 2020 (such as implementing the Copenhagen/Cancún pledges only, or waiting for better technologies to come on stream) would increase the pace and scale of efforts needed after 2020. It would lead to 50% higher costs in 2050 compared to timely action, and potentially entail higher environmental risk.
  • Reform fossil fuel subsidies. Support to fossil fuel production and use amounted to between USD 45-75 billion per annum in recent years in OECD countries. Developing and emerging economies provided over USD 400 billion in fossil fuel consumer subsidies in 2010 according to IEA estimates (IEA).
  • OECD Outlook simulation shows that phasing out fossil fuels subsidies in developing countries could reduce by 6% global energy-related GHG emissions, provide incentives for increased energy efficiency and renewable energy and also increase public finance for climate action. However, fossil fuel subsidy reforms should be implemented carefully while addressing potential negative impacts on households through appropriate measures.

EYE-BALL Comment:

It amazes that even a ‘think-tank’ like the OECD has not raised the most obvious of issues in its synopsis as presented above – if population is the cause of expected further climate change influence and so many other socioeconomic complications for the planet – why is there no debate on a population ceiling for the planet?

They themselves talk of the ‘carbon-tax’ remedy …

Where is the forecast predictions on what an unrestrained verses a restrained population growth has on the climate change debate?

No politician talks about this – Climate Change Minister Greg Combet has been given several opportunities to respond to this type of logic in the past, yet no response has ever been received.  This post will be sent to Mr Combet and the Opposition Climate Change spokesperson,  Mr Greg Hunt, again looking for a response.

Further OECD key highlights continue via this link – and are well worth the read.

But I ask you to think upon the core issue behind all the climate change promoters who think it caused by human influence – not one of them has prompted any debate on a planet population ceiling … that must drive the though process in asking why not – how can anyone blame humans for the climate change influence when the remedies proposed have no debate on control over population growth?

The only logical conclusion can be the weakness in Global Leadership to raise the population ceiling debate at any forum.  The alternative is the acceptance of the new tax’s collected from any climate change reversal measures – it would seem these tax collects are more important and needed Government revenues than finding a long-term solution based on the cause of the problem.


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


The EYE-BALL Opinion …

EYE-BALL Opinion – Gillard’s Judgement again challenged – what she’ll do for any positive publicity -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 5th Dec – ALP Senator John Faulkner – Perhaps a dark horse for the PM job  -


- 5th Dec – QLD ALP Badguys land plum jobs – Gillard continues to add to the mediocrity -


- 3rd Dec – Bob Katter’s Australian Party – an alternative -


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture -


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer … -


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- 14th Nov – The Australian Media – Lapdog’s at best – absolutely lost the plot on integrity, and their charter of responsibility -


- 9th Nov – Open Letter to “The Independents” Re: -
- Julia Gillard, Peter Slipper, and Craig Thompson, three MP’s who bring continued shame to our Parliament -


- 9th Nov – “Courage is an Angle” – the difference between a good day and a great day -


- 8th Nov – RUDD fires a broadside aimed at GILLARD – done under a burka to hide its true intent -


- 6th Nov – Gillard’s caucus and union support in revolt – her position becoming more untenable by the day -


- 5th Nov – Referendum Discussion Part 1 – Compulsory Voting – Eye-Ball’s – “None of the Above Campaign” -


- 4th Nov – Gillard Sunburnt – the flames of discontent begin to impact -


- 2nd Nov – A Montage of AWU Scandal Reports – Gillard to become “Open-Season” -


- 1st Nov – Education … A white Elephant – Politicising the future of young Australians -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- Gillard’s Judgement again challenged  -
- what she’ll do for any positive publicity  -
| Author: EYE-BALL Opinion | 6th Dec 2012 |
The seriousness of PM Gillard’s ability to make sound and political judgement calls is again under question.  It was revealed today that the PM accepted an invitation to do a ‘skit’ video contribution for the Triple J’s breakfast Radio network promoting the mayan calender’s – ‘end of the world’ forecast for the 21st Dec 2012.

The issue at stake is that in recent days we have heard about the ‘Rosella’ plant closures with 100 jobs being lost, and many other QLD State Governemnt job loses in recent weeks – the point being that a great number of people across the Nation are losing jobs and the PM’s see’s it as a fit and proper thing to do to jest and poke humour at a mythical ‘end of the world’ type scenario weeks out from Christmas.

Where is the respect for those who are preparing for Christmas in tought economic conditions, and are facing genuine type ‘end of days’ type scenario’s in real life.

The story appears below:  (click the link to the on-line story to se Gillard’s video performance.)

‘I won’t have to do Q&A again’: PM spoofs end of the world


| Author(s): Judith Ireland | Date: Dec 6th, 2012 | Link to On-Line Story and Video. |

The end of the world may be coming, but Prime Minister Julia Gillard is relieved that at least she won’t have to appear on Q&A again.

Ms Gillard has recorded a short video for Triple J’s breakfast show, as part of their “end of the world” celebrations. The world is supposed to end on December 21, according to interpretations of the Mayan calendar.

“My dear remaining fellow Australians,” Ms Gillard begins in the clip. “The end of the world is coming. It wasn’t Y2K, it wasn’t even the carbon price.”

‘I won’t have to do Q&A again’: PM spoofs end of the world

The end of the world may be coming, but Prime Minister Julia Gillard is relieved that at least she won’t have to appear on Q&A again.

Ms Gillard has recorded a short video for Triple J’s breakfast show, as part of their “end of the world” celebrations. The world is supposed to end on December 21, according to interpretations of the Mayan calendar.

“My dear remaining fellow Australians,” Ms Gillard begins in the clip. “The end of the world is coming. It wasn’t Y2K, it wasn’t even the carbon price.”

The Prime Minister took time out from her preparations for Friday’s COAG standoff to film the clip in Melbourne on Tuesday.

The jokes were a joint effort between the radio station and Ms Gillard, thus explaining the mix of pop culture references and political spin.

“Whether the final blow comes from flesh eating zombies, demonic hell beasts or from the total triumph of K-pop, if you know one thing about me it is this: I will always fight for you to the very end,” Ms Gillard says in solemn tones.

Finishing the video, the Prime Minister observes: “At least this means I won’t have to do Q&A again.”

It is understood Ms Gillard only needed three quick takes to film the clip -a far cry from her predecessor’s infamous problems with the recording process.

… Read more:

This is pathetically poor judgement Prime Minister … do us all a favour and just shut the ‘fu_k up’ … no-one is listening anymore … you are the biggest turn-off to any news broadcast, or other event using you as a draw card … get over yourself.

In media terms – you are over-exposed

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


The EYE-BALL Opinion …

EYE-BALL Opinion – ALP Senator John Faulkner – Perhaps a dark horse for the PM job -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 5th Dec – QLD ALP Badguys land plum jobs – Gillard continues to add to the mediocrity -


- 3rd Dec – Bob Katter’s Australian Party – an alternative -


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture -


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer … -


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- 14th Nov – The Australian Media – Lapdog’s at best – absolutely lost the plot on integrity, and their charter of responsibility -


- 9th Nov – Open Letter to “The Independents” Re: -
- Julia Gillard, Peter Slipper, and Craig Thompson, three MP’s who bring continued shame to our Parliament -


- 9th Nov – “Courage is an Angle” – the difference between a good day and a great day -


- 8th Nov – RUDD fires a broadside aimed at GILLARD – done under a burka to hide its true intent -


- 6th Nov – Gillard’s caucus and union support in revolt – her position becoming more untenable by the day -


- 5th Nov – Referendum Discussion Part 1 – Compulsory Voting – Eye-Ball’s – “None of the Above Campaign” -


- 4th Nov – Gillard Sunburnt – the flames of discontent begin to impact -


- 2nd Nov – A Montage of AWU Scandal Reports – Gillard to become “Open-Season” -


- 1st Nov – Education … A white Elephant – Politicising the future of young Australians -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- ALP Senator John Faulkner  -
- Perhaps a dark horse for the PM job  -
| Author: EYE-BALL Opinion | 5th Dec 2012 |
The ALP’s most respected serving politician – Senator John Faulkner said yesterday what all ALP supporters wanted to hear.   Coalition voters will hold their breath given the depth and breath of Faulkner’s speech dealing with the corruption with Labour ranks and how he sees the way forward.

The speech is a game-changer and from someone never seen by most as PM material.  Given the shortcomings of all the popular contenders, i.e. Swan, Carr, Shorten, and to this blogger at least, Senator Faulkner suddenly seems to be a most viable option.   I can accept John Faulkner as PM in place of Gillard.

There are precedents – John Gordon was a Senator when he became Leader of the Liberals before he went on to become PM after Harold Holt’s disappearance.   In that transition period after Harold Holt was declared ‘lost at sea’, Holt’s seat of Higgins became vacant and Gordon made his transition to the House.

To read John Gorton’s full Wikipedia bio – click here – it is an interesting read including how he obtained his war injuries.

The emergence and elevation of Senator Faulkner to PM contender comes from a speech he gave to the University of Melbourne Law School yesterday.  The speech titled – “Integrity In Government Conference” – link to full speech – was on political corruption within the ALP and where it emanates from.

If it were an option and for Faulkner to make the transition in the time before the next election – i.e. finding a NSW HOR by-election option might prove difficult – but if they were to shove Rudd off to a plumb off-shore posting – his seat of Norman would be safe in the hands of Faulkner if he chose to more to QLD.

The media were in attendance at his speech and The Australian filed this report -

Abolish Labor factions, says party elder John Faulkner


| Author(s): Chip Le Grand and Milanda Rout | Date: ec 5th, 2012 | Link to On-Line Story. |

ONE of Labor’s most respected figures has dared the ALP to abolish its factional system, declaring that it concentrates power within “the stunted perspectives of just a few”, isolates the party from the broader community and allows corruption to flourish.

ALP elder John Faulkner drew a direct link between the allegations against senior party figures emerging daily from anti-corruption hearings in Sydney and the party’s adherence to “inherently undemocratic” voting rules that enabled a “tiny minority” of MPs to hold sway over all major decisions.

Warning support for reform usually “melts away” once vested interests are confronted with a loss of power, Senator Faulkner said his proposed changes were crucial for good government and the integrity of a political system being corroded by voter cynicism.

“In the case of the ALP, and particularly the NSW branch of the ALP, the increasing limitation of those involved in decisions about rules, disputes and preselections, as well as policy, has meant that our party’s actions reflect the stunted perspectives of just a few, and bear little or no relationship to the expectations of the party members, the broader labour movement or the community,” Senator Faulkner said in a speech delivered at an integrity in government conference in Melbourne.

“There is nothing wrong with people who share convictions on policy issues working together to progress those issues. There is, however, a great deal wrong with a situation where a Russian doll of nested caucuses sees a tiny minority of MPs exercising a controlling interest over the majority.”

Senator Faulkner urged the party to have zero tolerance towards corruption in its ranks and called for the scandal-plagued NSW branch to enforce a “one strike and you’re out” policy for party members found guilty of corruption in their public or private lives.

The senator’s reform blueprint was immediately backed by NSW state secretary Sam Dastyari, who described it as a “considered, sensible reform idea” that Labor would “ignore at its peril”.

Mr Dastyari, who has previously advocated defanging the factions within the parliamentary party, said: “This is a debate we have to have in the party and we have to have in NSW. The challenge facing us is, really, reform or die. The Labor Party has to change, it has to reform, it has to be prepared to embrace big ideas.”

Wayne Swan said he did not necessarily disagree with Senator Faulkner’s comments, adding that “individuals should be dealt with if the findings (of corruption) are there”.

“I’ve always been of the view that the party has to be continuously reformed to reflect modern standards,” the Treasurer told ABC’s 7.30.

Chief government whip Joel Fitzgibbon, who last week refused to marshal the numbers of his Right faction behind Julia Gillard’s opposition to Palestine being given additional status within the UN, backed the “main thrust” of Senator Faulkner’s plan and urged the party to go further.

Mr Fitzgibbon said he believed Mr Dastyari was “currently progressing” on some of Senator Faulkner’s suggested reforms and serious consideration should also be given to ending a central tenet of ALP discipline: the prohibition on Labor MPs crossing the floor.

Australian Workers Union national secretary Paul Howes agreed that Senator Faulkner’s plan for internal party reform was “worthy of debate”. Mr Howes said he had long advocated giving parliamentarians the right to vote free of factional constraint.

Foreign Minister and former NSW premier Bob Carr, speaking in Papua New Guinea, backed Senator Faulkner’s “one-strike” policy and reducing factional influence within the party room, but expressed caution at another of the senator’s proposed reforms: exposing party rules to legal challenges within the courts.

Senator Faulkner, a federal MP since 1989 and minister in the Hawke, Keating and Rudd governments, has staunchly championed measures to improve integrity and transparency within the Labor Party and the political system, including greater accountability of donations and stronger protection for public-service whistleblowers. He supported Kevin Rudd in the 2010 leadership challenge and flagged his intention before that year’s federal election to retreat to the backbench if Ms Gillard formed government. Taking aim at the odious state of the ALP in his home state, Senator Faulkner said a culture had developed within Labor’s NSW branch where “being caught out at sharp practices is worn almost as a badge of honour”.

Referring to the ongoing ICAC hearings, where explosive allegations have been levelled against former Labor MP Eddie Obeid and former NSW resources minister Ian Macdonald involving the trading of inside information and granting of exploration licences, Senator Faulkner said: “It is time to publicly acknowledge that there have been some in our party’s ranks with neither political principles nor moral convictions to uphold. They are a small minority in a very big majority of decent, ethical people. But the fact that they are few in number does not diminish the gravity of the accusations against them or the seriousness of their acts.”

Senator Faulkner called for authority to arbitrate disputes over party rules, and practices should be stripped from factional leaders and invested in an independent appeals tribunal of “eminent, ethical people”.

He warned that Tony Abbott’s plan to convene a “trumped-up, judicial inquiry” into Ms Gillard’s role in the AWU affair would be an unprecedented misuse of executive power. “It is unprecedented,” he said. “It does strike me that this is a country where we settle our political differences at the ballot box. I take things head on. I stand up, I say it. I have never resorted to the need for some sort of trumped-up, judicial inquiry to do it.”

Now one might think that with the ICAC enquiry into the Eddie OBEID corruption, and the revelations of how deep the scandal bleeds into NSW Labour heartland, that Faulkner could say nothing else other than what he presented in his speech.

Faulkner has for years impressed as someone that holds his Senate position to high account.  He is a ‘good guy’ and over the many years he has served he has shown and demonstrated that he brings integrity to the Senate.

Within his speech he stated:

…Ladies and Gentlemen, Federal Parliamentarians need to get serious about a code of conduct to apply to them, not because I think Parliamentarians are ignorant or uncaring about ethics and integrity matters – generally they are not – but because the public at large is entitled to know that objective standards exist, and that these standards are open to public discussion, and public assessment…

As the alternative – Gillard is leading this Government down a path that debases all the demands on integrity and moral behaviour that is needed for people to have the full trust in their elected Leaders.

In the alternative – and when one watches and reads about the many examples arising from Gillard’s responses to the AWU scandal, the allegations they offer and the integrity and morals on display for all to see in responses to those allegations, one can only see defiance and obstruction as a defense.

This is continued with the Craig Thompson responses in his own defence statement, and the Eddie Obeid example being played out at the ICAC enquiry.

Their collective standards of defiance type behaviour in the face of convincing evidence, and the conclusions that become evidentiary, all Australian’s are red-faced with a genuine mis-trust in their Leaders.

Gillard’s conscience does not register as moral, or one where anyone can see she understands the difference between ‘right or wrong’.  She, Thompson, and by the evidence being put forward at the Obeid enquiry – the measure of a conscience of ALP MP’s is non-existent.

Gillard, Thompson, and Obeid’s benchmark integrity measure rests not with what they know they have done,  but in what those who claim wrong doing can prove.  The standard offered up from Gillard and the like is – ‘if you can’t prove it – shut-up and fu_k off’.

Faulkner has returned fire and whilst most of his speech was in reference to NSW Labour and the current Obeid ICAC enquiry – all within the ALP will know of their own culpability.

The people deserve better – Faulkner points this out … and his honest appraisal is that the Government should be held to higher standards than anything else out there.

Whether this be just rhetoric and posturing will be played out in coming months – meanwhile ponder Faulkner as the alternative PM and see how it rests!!!

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


The EYE-BALL Opinion …

EYE-BALL Opinion – QLD ALP Badguys land plum jobs – Gillard continues to add to the mediocrity -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 3rd Dec – Bob Katter’s Australian Party – an alternative -


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture -


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer … -


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- 14th Nov – The Australian Media – Lapdog’s at best – absolutely lost the plot on integrity, and their charter of responsibility -


- 9th Nov – Open Letter to “The Independents” Re: -
- Julia Gillard, Peter Slipper, and Craig Thompson, three MP’s who bring continued shame to our Parliament -


- 9th Nov – “Courage is an Angle” – the difference between a good day and a great day -


- 8th Nov – RUDD fires a broadside aimed at GILLARD – done under a burka to hide its true intent -


- 6th Nov – Gillard’s caucus and union support in revolt – her position becoming more untenable by the day -


- 5th Nov – Referendum Discussion Part 1 – Compulsory Voting – Eye-Ball’s – “None of the Above Campaign” -


- 4th Nov – Gillard Sunburnt – the flames of discontent begin to impact -


- 2nd Nov – A Montage of AWU Scandal Reports – Gillard to become “Open-Season” -


- 1st Nov – Education … A white Elephant – Politicising the future of young Australians -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- QLD ALP Badguys land plum jobs -
- Gillard continues to add to the mediocrity -
| Author: EYE-BALL Opinion | 5th Dec 2012 |
The Christmas break always brings interesting political events – i.e. yesterday saw announcements of former QLD ALP politicians being appointed to plumb cushy bureaucratic jobs, and the corrupt MP Craig Thompson fronted the criminal court over his HSU charges.

Anna Bligh lands plumb job:

The Gillard Government announced a number of Political appointments in recent weeks – none more important that the Anna Bligh to Medicare’s Board.  The scrutiny behind the selection criteria for these appointments has to be questioned, as does the political accountability given Bligh’s resignation from her seat only days after the QLD election.

Read the story first -

Bligh joins Medibank board


| Author: David Crowe | Date: Dec 5th, 2012 | Link to On-Line Story. |

THE Gillard government has made its third move within four weeks to elevate a state Labor ally to a key federal post, naming former Queensland premier Anna Bligh to the board of Medibank Private.

Ms Bligh will take up the post within weeks for a term of three years, collecting a package worth up to $90,000 a year to help oversee the federal government’s health insurer.

Finance Minister Penny Wong announced the appointment yesterday as one of three changes to Medibank, a priority target for privatisation if a Coalition government takes power at the next election.

The move follows the Gillard government’s appointment of former Queensland treasurer Andrew Fraser and former attorney-general Cameron Dick to other federal posts in recent weeks.

Mr Fraser gained a two-year position on the Australian Sports Commission board early last month, joining business and sport executives who oversee millions of dollars in grants. He was Queensland treasurer from September 2007 until Labor lost the state election earlier this year.

Mr Dick, a former state minister for industrial relations and education as well as attorney-general, was last week named the new chairman of the Safety, Rehabilitation and Compensation Commission for three years.

Before becoming premier Ms Bligh had been deputy premier with responsibility for finance, state development, trade and innovation, and prior to that held portfolios including education, families, community care and disability services.

Ms Bligh becomes the only former politician on the Medibank board, which is chaired by former Howard government cabinet secretary Paul McClintock.

Medibank directors receive from $74,000 to $89,000 over the year in cash, superannuation and non-monetary benefits, according to the health insurer’s last annual report.

Senator Wong also announced that Medibank director Cherrell Hirst would continue on the board for a further three years.

She thanked another director, Philip Twyman, who leaves the board after five years.

The integrity and political judgement of these postings has to be questioned -

Anna Bligh earlier this year won her seat in the QLD election – she led the ALP to a record defeat with he rALP only winning 7 seats in the 80+ member House.  It was a sound message from the QLD electorate that they have had enough of ALP.

Within days of her re-election, Bligh resigned as Leader of the ALP and told all that she wanted to resign from the Parliament.

This was a gross abdication of responsibility to all who voter for her re-election. The resultant by-election cost the QLD taxpayers $100′s thousands.   Bligh on the other hand banked her mulit-million dollar Parliamentary pension and walked away from her pre-election, and declared intent to all QLD’s to represent them for another four years if elected.

With the humiliation of the election defeat Bligh chose the weakest option – rather then front parliament in Opposition and be accountable for all the past deeds during her term – she chose the piss-ant option to walk away.  Why should that gutless action be rewarded with a plumb job on a Government Board?

How can Gillard reward Bligh for such a humiliation loss?  It is symbolic of all that is wrong with these Parliamentary appointments.

Bligh has not been the only appointment to plumb Governemnt jobs for QLD ALP MP defeated at the last election.  The depth of favours to ex MP’s has to have a justification – what is it?

The former QLD Treasure Andrew Fraser who oversaw the massive QLD budget blowouts, and plunged the State into debt numbers never before seen in QLD – what could he bring to the table on any Public entity Board?

The other appointment referenced in the story was that of former State Minister for Industrial Relations and Education – Mr Dick.  Again, a ‘jobs for the boys’ appointment.

I don’t care what the credentials are of these tried and rejected politicians with legacies that will cost QLD’s for decades to come – I want an answer to a question about what makes these appointees deserving of $100k a year type appointments purely because of past loyalty to the ALP?

Craig Thompson learns from Gillard – deny everything!

Another Christmas story the ALP hoped would go unnoticed was the Craig Thompson court case over the HSU allegations.  Who knew his court case was on this week – some journo’s did and they covered the story.

Thomson denies credit card claims


| Author: Not declared | Date: Dec 5th, 2012 | Link to On-Line Story. |

Independent MP Craig Thomson has formally denied using union credit cards to pay for prostitutes and says he should avoid civil penalties because most of the accusations against him were made outside the legal time limit.

Mr Thomson lodged his defence papers in the Federal Court on Tuesday in response to the Fair Work Australia (FWA) claims he misused union funds while he was national secretary of the Health Services Union (HSU) between 2002 and 2007.

In his 28-page submission, he denies using union-issued credit cards to spend thousands of dollars on prostitutes while travelling on union business in Perth, Melbourne and Sydney.

He also denies using the cards to pay for flights and accommodation for his wife and family and for cash withdrawals and other personal expenses and says he did not act contrary to the financial management and governance of entities such as HSU.

But the suspended Labor MP says the vast majority of FWA’s accusations were made outside the six-year Statute of Limitations.

‘Ordinarily it’s six years. Six years before October 2012 is, unless there’s some unusual reason which no one has advanced, the limit. Nothing before that is relevant,’ Mr Thomson’s lawyer Chris McArdle said.

The vast majority of accusations made by FWA, including all claims relating to prostitutes, relate to the period before October, 2006.

But several accusations, most relating to flights and cash withdrawals, fall between then and the time he left the union in December, 2007.

However, Mr McArdle believes FWA’s claims will be whittled down even further if a case currently being heard by the full bench of the Federal Court in relation to Toyota finds the limitations only go back two years.

Opposition frontbencher Eric Abetz warned in October that FWA would have much to answer for if Mr Thomson avoided civil penalties because it took too long to bring the matters to court.

FWA has taken civil action against Mr Thomson, alleging 37 breaches of workplace laws and 25 breaches of HSU rules.

Mr Thomson, however, has denied any breaches and does not even admit being issued with the Diners Club card and Commonwealth Bank Mastercard he’s alleged to have used for purchases including prostitutes from various escort services, including A Touch of Class, Tiffany’s and The Boardroom in Sydney.

Mr Thomson was elected in 2007 as the Labor MP for the NSW seat of Dobell, but was suspended from the party in April and moved to the cross benches following the release of the FWA report in April this year.

FWA has until December 20 to reply to Mr Thomson’s defence.

The matter is listed for a directions hearing in the Federal Court on February 1, 2013.

The story was reported in a number of Media publications.

The ‘time constraints’ argument put forward by Thompson’s defence team is a hail-mary.  The statute of limitations can be a real issue – my information is that the statue is frozen from the time the crime is discovered and investigations commence – the FWA commenced their investigation into the corruption some 3+ years ago, and takes the statute back to 2008-9 and six years before that time.

The reasons for the 3+ years to complete the FWA investigation will also come under some scrutiny. There are plenty who would argue that it was designed in its length to protect the minority Government numbers from 2010.

As for Thompson’s statement denying all charges – that is a reproduction of Gillards AWU defense. Deny everything and dare anyone to provide proof.

The monkey show is set to continue next year when this matter and the Slipper judgement will again have the Gillard Leadership front and center.  The Slipper reserved judgement is still to be handed down and we can expect that will be released during this break as well.

Every day this Government remains in office the level of disgust increases.

On what basis can the Government justify the Bligh, Fraser, and Dick appointments when they were the only candidates considered?

What has happened to the selection panel process for Government appointments, or is it that the candidates on any panel are all chosen by the Government looking to reward friends of the party.

This type of nepotism has to be stamped out …

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


The EYE-BALL Opinion …

EYE-BALL Opinion – Bob Katter’s Australian Party – an alternative -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 3rd Dec – Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture -


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer … -


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- 14th Nov – The Australian Media – Lapdog’s at best – absolutely lost the plot on integrity, and their charter of responsibility -


- 9th Nov – Open Letter to “The Independents” Re: -
- Julia Gillard, Peter Slipper, and Craig Thompson, three MP’s who bring continued shame to our Parliament -


- 9th Nov – “Courage is an Angle” – the difference between a good day and a great day -


- 8th Nov – RUDD fires a broadside aimed at GILLARD – done under a burka to hide its true intent -


- 6th Nov – Gillard’s caucus and union support in revolt – her position becoming more untenable by the day -


- 5th Nov – Referendum Discussion Part 1 – Compulsory Voting – Eye-Ball’s – “None of the Above Campaign” -


- 4th Nov – Gillard Sunburnt – the flames of discontent begin to impact -


- 2nd Nov – A Montage of AWU Scandal Reports – Gillard to become “Open-Season” -


- 1st Nov – Education … A white Elephant – Politicising the future of young Australians -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- Bob Katter’s Australian Party -
- an alternative -
| Author: EYE-BALL Opinion | 3rd Dec 2012 |
There is an alternative if you like your Politics Nth Queensland style. Bob Katter is winning friends in Queensland politics with LNP defections.  His numbers look set to rise after last weeks turmoil involving QLD Premier Campbell Newman.

Talk is that Clive Palmer is looking to form an alliance to take on Newman and see him forced out of the LNP Leadership.  Just how they do that up against a 75 odd seat majority is still an unknown.

Perhaps Bob’s ‘Australian Party’ is worth a look.

The following was sent as a promotional ‘tongue in cheek style’ message.

Well AT LAST A POLITICIAN WHO SPEAKS THE TRUTH!!!

On the basis of this email, the day will come when the ANZAC Day Parade will be banned, RSL’s will close and Australian soldiers will wear a different uniform.

As Bob Katter says below, the Australian flag is already forbidden in some public areas. Sometimes I wonder if we can still call this place Australia – it’s already owned by many foreign countries now with huge investments in place.

Whether you love him or hate him, he hits a raw nerve!

Bob Katter …. Saying it as it is:

“… My great, great, great grandfather watched as his friends died in the Boer War. My grandfather watched and bled as his friends died in World Wars 1&2. My grandfather watched as his friends & brothers died in the Depression of 32. My father watched as his friends died in Korea. I watched as my friends died in Vietnam, East Timor & Desert Storm. Our sons and daughters watched & bled as their friends died in Afghanistan and Iraq .

None of them died for the Afghanistan and Iraq Flag. Every Australian died for the Australian flag.

At a Victorian high school foreign students raised a Middle East flag on a school flag pole. Australian students took it down. Guess who was expelled … the students who took it down.

160 West Australian high school students were sent home, because they wore T-shirts with the Australian flag printed on them.

Enough is enough.

This message needs to be viewed by every Australian; and every Australian needs to stand up for Australia.  We’ve bent over to appease the Aussie-haters long enough.  I’m taking a stand.

I’m standing up because of the hundreds of thousands who died fighting in wars for this country, and for the Australian flag.

And shame on anyone who tries to make this a racist message.

AUSTRALIANS, stop giving away Your RIGHTS!

THIS IS OUR COUNTRY!

This statement DOES NOT mean I’m against immigration!

YOU ARE WELCOME HERE, IN MY COUNTRY, welcome to come legally:

  1. Get a sponsor!
  2. Learn the LANGUAGE, as immigrants have in the past!
  3. Live by OUR rules! Dress as we Australians Do.
  4. Get a job!
  5. Pay YOUR Taxes!
  6. No Social Security until you have earned it and Paid for it!
  7. NOW find a place to lay your head!

If you don’t want to forward this for fear of offending someone, then YOU’RE PART OF THE PROBLEM!

We’ve gone so far the other way … bent over backwards not to offend anyone.  Only AUSTRALIANS seem to care when Australian Citizens are being offended!

WAKE UP AUSTRALIA!!!

If you do not pass this on, your fingers deserve to cramp!

“Made in AUSTRALIA & DAMN PROUD OF IT!!!!!”

AMEN …”

Written by Bob Katter

To get a better understanding of Bob Katter and his family values – his support for his daughter during her ‘assault’ charges hearing, arising from a physical altercation with her children’s kindergarten teacher earlier this year – shows Bob has raised interesting children.

Bob stood outside the courtroom distributing flyers about the injustice and read to the attending press a statement of support.   It speaks volumes for Bobs committment to family … see linked story with video here -

To find out more about Bob Katter and his policies and what he stands for – use this link to visit – Bob Katter’s ‘Australian Party’

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


The EYE-BALL Opinion …

EYE-BALL Opinion – Some ‘Carbon-Tax’ reality – The World is not listening to the real facts -

The-EYE-BALL-Opinion-Header-2

Latest ‘EYE-BALL Opinion’ Posts:


- 29th Nov – A Slithering, Slimy, Spitting Lizard – Part II – Gillard’s been hiding in the Tall Grass – A follow-up Story -


- 28th Nov - A slithering, slimy, spitting Lizard – Gillard’s been hiding in the Tall Grass – now exposed -


- 26th Nov – The Collective v the Abstract – Gillard is aware of her wrong doings -


- 25th Nov – Distressed Damsel Gillard’s Black Knight – Bruce Wilson’s 11th hour offer to defend Gillard -


- 24th Nov – The Jewish v Arab problem – A naive perspective -


- 24th Nov – Hedley Thomas plunges the knife – Gillard mortally wounded -


- 23rd Nov – Immigration and Asylum Seekers – What is the real answer -


- 20th Nov – Schoolies Week Starts – The Booze for Kids debate again heats up -


- 16th Nov – How Deep does the AWU corruption cover-up go? – An exposé on innuendo, evidence, hearsay and conjecture -


- 15th nov – Hedley Thomas exploding on Gillard – Gillard has a case to answer … -


- 14th Nov – Gillard behaves like a Guilty Person – Asks for allegations to be made -


- 14th Nov – The Australian Media – Lapdog’s at best – absolutely lost the plot on integrity, and their charter of responsibility -


- 9th Nov – Open Letter to “The Independents” Re: -
- Julia Gillard, Peter Slipper, and Craig Thompson, three MP’s who bring continued shame to our Parliament -


- 9th Nov – “Courage is an Angle” – the difference between a good day and a great day -


- 8th Nov – RUDD fires a broadside aimed at GILLARD – done under a burka to hide its true intent -


- 6th Nov – Gillard’s caucus and union support in revolt – her position becoming more untenable by the day -


- 5th Nov – Referendum Discussion Part 1 – Compulsory Voting – Eye-Ball’s – “None of the Above Campaign” -


- 4th Nov – Gillard Sunburnt – the flames of discontent begin to impact -


- 2nd Nov – A Montage of AWU Scandal Reports – Gillard to become “Open-Season” -


- 1st Nov – Education … A white Elephant – Politicising the future of young Australians -


- To see more EYE-BALL ‘Opinion’ posts:

click here …


Title:
- Some ‘Carbon-Tax’ reality -
- The World is not listening to the real facts -
| Author: EYE-BALL Opinion | 3rd Dec 2012 |
The Government v Opposition’s continued debate on the ‘Carbon-Tax’ gives rise to the electorate turn-off.  Someone once said to sell a particular point of view, one should say it with pictures.  To that end a friend sent an e-mail with the following pictures and text – his name is Colin S – and I thought it warranted a share.

THE FACTS

  • China has 19% of the world’s population,
  • It consumes 53% of the world’s cement,
  • 48% of the world’s iron ore,
  • 47% of the world’s coal, … and the majority of just about every other major commodity.
  • In 2010, China produced 11 times more steel than the United States.
  • New World Record: China made and sold 18 million vehicles in 2010.
  • There are more pigs in China than in the next 43 pork producing nations combined.
  • China currently has the world’s fastest train and the world’s largest high-speed rail network.
  • China is currently the number one producer in the world of wind and solar power.  But don’t use it themselves.
  • They manufacture 80% of the world’s solar panels,
  • They install less than 5% and build a new coal fired power station every week.
  • In 1 year they turn on more new coal powered electricity than Australia ‘s total output.
  • China currently controls more than 90% of the total global supply of rare earth elements.
  • In the past 15 years, China has moved from 14th place to 2nd place in the world in published scientific research articles.
  • China now possesses the fastest supercomputer on the entire globe.
  • At the end of March 2011, China accumulated US$3.04 trillion in foreign currency reserves – the largest stockpile on the entire globe.
  • Chinese consume 50,000 cigarettes every second …
  • They are already the largest carbon dioxide emitter and their output will rise 70% by 2020 !
  • And these little Vegemites tell us all that we are saving the planet …
  • … with the help … err … demands of these people …

Does that make it any clearer … hope so …

The World is a competitive place and Australia is competing with the rest of the world and we are losing badly. Labour costs are at the heart of the problem. Can you see Australian’s willingly take a pay cut for the Nation to become more competitive … and therein is the problem.

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


The EYE-BALL Opinion …

EYE-BALL Guru on – Government Expenditures Part I – Department of Prime Minister and Cabinet – DPMC – STAFFING -

November 20, 2012 2 comments
The-EYE-BALL-Opinion-Header-2
Latest GURU Posts:


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


- 31st Oct – Finally – RBA bubble head opens his mouth – He says – $A intervention not needed -


- 25th Oct – Foreign Minister Bob Carr & Wife – An Australian asset -


- 25th Oct – Communications Minister Stephen Conroy – one of Gillard’s Lap-dogs – untrained and unleashed -


- 24th Oct – Climate Change Minister Greg Combet – The Carbon Tax – emissions Trading scheme -


- 24th Oct – Treasurer Wayne Swan – Mini Budget Part 3 – The Clangers keep coming …


- 23rd Oct – Treasurer Wayne Swan – Mini Budget Part 2 – Mortgaging Australia’s Future to appease his ego


- 22nd Oct – Treasurer Wayne Swan – Mini Budget Part 1 – paints a false mirage to protect his legacy –


- 21st Oct – Penny Wong – On the mid-year accounts –


- 16th Oct – The First Home Owners Grant – the fallout and a reflection on a stupid stupid Government policy …


- 10th Oct – Tony Abbott Talks the Talk – but he is on empty when it comes to detail -


- 25th Sept – Wayne Swan – nothing graceful – but a turkey that needs roasting …


- 17th Sept – “Twiggy” – What went wrong?


- 12th Sept: – The “Window” of life nobody wants to look through -


- 19th Aug: – The ‘Lucky Country’ Tag – if you say it enough it must be true -


- Aug 18th: – The Value of the A$ – Part II – another report from ‘The Australian’s’ David Uren -


- Aug 15th: – The Value of the A$ – Part I – a report from ‘The Australian’s’ David Uren -


- Aug 3rd: – Media Economic Commentary on June 2012 Retail Sales Figures – just naive …


- Aug 2nd: – The Rise of the Australian $ – Finally someone from Academia Land agrees -


- July 30th: – Greece – Should they be allowed to leave the Eurozone -


- July 27th: – Superannuation – a great big rip-off – Part III!!!


To see more GURU posts:

- click here …


Title:
- Government Expenditures Part I -
- Department of Prime Minister and Cabinet – DPMC -
- STAFFING -
| Author: EYE-BALL Guru | 19th Nov 2012 |
The EYE-BALL Opinion posted a few days ago on the explosion of the DPMC budget from $132 million in 2010 under RUDD,  to well over $600 million by the end of 2011-12 under GILLARD – this represents a 466% increase in the DPMC budget over two years.

On face value this seems an exorbitant excess and prompted a closer inspection of the Budget Reports.  They do paint a picture.

After a few days of extensive research using the Budget Reports provided via the DPMC website – link here – the results make for interesting reading and interpretation.

This post is the first in a series of perhaps 3 or 4 posts on the DPMC Budgets and the outcomes of the research.  This 1st post relates to the DPMC staffing levels, the budget cost of staff to taxpayers, the shifts in their age, their status, their fluctuating number dependent on the PM and their own slant to how they want te DPMC to function, and the productivity gains that provide the incentive to drive the increased salaries paid during a time when the rest of the Nation is doing it tough since the GFC.

DPMC STAFFING Numbers:

[Source Data: The staff numbers presented in the Table below have been extracted from the DPMC Budget papers and have been double checked for accuracy, and are reconciled with several mentions in the preamble and Notes to the accounts.  They are correct as reported.]

Staff Numbers by Divisional/Ongoing Allocation:

[Click on image to enlarge in a new window - click 'Ctr+']

There is only one startling statistic arising from the number of staff employed.  In the 2010-11 year the DPMC staff numbers rose from 657 under RUDD to 1090 under GILLARD during her first year in office.

There were two new Departments created under Gillard’s Prime Ministership – Office for the Arts, and Office for Sport, these Divisions created an additional 259, and 43 staff respectively and accounting for 303 of the 377 new staff positions created.  These staff and Division allocations disappeared in 2011-12, and presumably became new Departments and the staff were transferred to that cost centre.

The PM’s Corporate Services Division accounted for another 33 additional staff – and the CHOGM staff numbers increased by 46, both accounting for the difference in the increase over Mr Rudd’s numbers.   Given the comments around that the PM’s office has ‘social media’ minders monitoring blog sites and media stories, the increase to the Corporate services Division can be explained.   Whether it is overkill is another matter.

The increase to the CHOGM staff numbers is warranted given the early estimates around a $300 million budget provided to host the event.   Going back further to previous years would only show annual increases but not really reflect the change to the media cycle and how it dictates policy under Gillard.   This is a major weakness in modern Government – middle of the road policies are popularist driven and poll tested well in advance and you need the staff to do the market research.

As for productivity outcomes – the only measure comes in via poll data and success or failure at the election.   On any scale – worth of an employee in that caldron cannot be measured to a Public Service pay scale.   One interesting note is that consultants feature more regularly on the Budget report than you might think.  More on that in a later post.

Staff Numbers by Age differentiation:

Staff age shift and Staff Remunerations:

[Click on images to enlarge in a new window - click 'Ctr+']

  • These two Tables present interesting data – a perspective offered by a friend and agreed with,  talks about the Government propaganda about policy’s to encourage and foster long-term and ‘mature-age’ unemployed persons returning to the workforce.  The Government policy targeted this demographic and the targeting of that 45+ age group seems at odds with the numbers above.

It is a well mentored policy very large on the intent, but the evidence in the DPMC numbers above indicate that there is a reverse downward trend in the employment of the 45+ age bracket.

The Table shows that growth in the less that 25 to 44 age bracket has DPMC staff numbers increasing from 69% under Rudd to 77% under Gillard.   Conversely – the number of 45+ aged employees has fallen from 30% under Rudd to 22% under Gillard.  This is a definite trend and against the stated policies of the Government being an equal opportunity employer.

This statistic requires a response from the Government – and has become one of the many questions that will be sent to the DPMC Secretary/Media advisor seeking answers to questions arising from the research.  My friend has applied for positions within the DPMC, he is 55 and been long-term unemployed, he has recently completed University studies and received ‘distinction’ marks, yet the return letters he has received from the DPMC border on blatant discrimination.

One letter suggested he was disabled … highly defamatory as he is a fully able person.   His career highs include the pinnacle of Financial Markets and Treasury operation during the 1980′s and 90′s and trader in global market derivatives.  He is very smart and would challenge the intelligence of 98% of all his peers… why won’t the DPMC hire him under their policy to hire mature long-term unemployed?

  • Another interesting statistic is the rise in staff turnover to 33% under RUDD when he came to power in late 2007 through the 2007-08 year, and then again in the 2011-12 year under Gillard to above 30% levels.

The 2011-12 number might be distorted by the large reduction of staff from the 2010-11 number to the 2011-12 number – i.e. 1090 down to 720.   This might also be the reason for RUDD’s high staff turnover numbers in his first year as he also decreased staff numbers from Howard’s 2007 655 staff,  to Rudd’s 2007-08 number of 464.

A closer look and the Cost of Staff:

[Click on image to enlarge in a new window - click 'Ctr+']

The Average Staff Remuneration - see NOTES Table above.

Under Howard’s last full year in office, 2006-07, his staff numbers of 655 cost the taxpayers $63 million and change.  The per staff member average calculated out at $94k.

Under Rudd’s first term the staff numbers decreased significantly as often happens with a change of Government.   Rudd’s first term year had the cost per staff at $126k per staff member,  indicating perhaps that mainly lower paid staff were let go – i.e. reduced staff numbers from 652 down to 464, reflected staff cost reductions from $63 million down to $58 million.

In the following year when DPMC increased staff from 464 to 617 – Rudd’s first full year of being in charge – the per staff costs decreased from $126k back to $102k.

The 2008-09 year’s total staff costs rose and were again on a par with the Howard ’07 levels of $63 million, be it with 40 odd less staff than Howard had.

In the ensuring 2009-10 staff numbers and their cost rose sharply.  By the end of the 2009-10 year the DPMC staff numbers had grown to 657 from Rudd’s first year total of 454, and the staff costs were back at the $121k per staff member from Howard’s $94k per staff member.  Total Staff cost were at $80 million up from $63 million the previous year.

In June 2010 Gillard replaced Rudd as the PM.  During the 2010-11 year through to 2011-12, the average staff cost again increased from $121k to $152k, after falling off a cliff in Gillard’s first year in office when she increased staff numbers by 63% to 1090.  They must have been mostly junior staff.   The budget staff costs rose from $80 million under Rudd to $110 million under Gillard by 2011-12, with $20 million of that coming in the 2011-12 year.

This budget expenditure represents a 37% increase from when she took over from Rudd in mid 2010.   The cost per staff member also increasing from an average $122k in 2009-10, to $152k in 2011-12, again a reflective increase of 25%.

The RUDD 2008 wage Embargo:

The wage increases over the 2011, 2012 years were far in excess of any wage claims approved in the private sector – and in the post GFC environment, and after Kevin Rudd as PM in 2008 placed an embargo on all Parliamentary wage increases in 2008 because of the GFC and the pressures placed the private sector employers.   Rudd believed the Government should show restraint in the face of the GFC and his parliamentary colleagues agreed with him.

The relative Act wording stated:

Remuneration and Allowances Regulations 2005 – Select Legislative Instrument 2005 No. 308 as amended – made under the Remuneration and Allowances Act 1990:

Remuneration and allowances of Senators and Members of the House of Representatives

(1)   This regulation is made for paragraph 1 (2) (b) of Schedule 3 to the Act.

(2)   For the financial year commencing on 1 July 2008, and for each subsequent financial year:

(a)    the percentage is the percentage of the reference salary which, when applied to the reference salary, reduces the reference salary by the amount (in whole dollars) by which the reference salary was increased by the Remuneration Tribunal for the financial year commencing on 1 July 2008; and

(b)    the reference salary is the reference salary for Band A of the Principal Executive Office classification for the relevant financial year, set out in:

(i)    Remuneration Tribunal Determination 2005/19; or

(ii)    another determination of the Remuneration Tribunal that deals with the reference salary for Band A of the Principal Executive Office classification.

… linked here …

The freeze was welcomed by the House on both sides and the mood of the freeze can be read via ‘The Age’ story below:

Salary freeze for federal MPs


| Author: Michelle Grattan, Canberra | Date: February 15, 2008 | Link to On-Line Story. |

THE pay of federal MPs will be frozen until the middle of next year to set an example of restraint to the community.

Prime Minister Kevin Rudd has also urged business to show restraint in setting chief executive pay, as the nation confronts growing inflationary pressures that caused an interest rate rise this month and may bring another next month.

As part of his declared “war” on inflation, Mr Rudd took the wage freeze to a special meeting of caucus yesterday. It was approved on the voices without dissent.

Only two MPs — Arch Bevis and Julia Irwin — spoke against it. Mr Bevis warned of the danger of interfering with the independent process of the Remuneration Tribunal, and Ms Irwin described it as a “silly move”.

Last night Ms Irwin told The Age that Mr Rudd was “setting an example for bosses to freeze their workers’ wages. They will be able to turn around and say ‘the Prime Minister is freezing MPs’ wages, so we can freeze your wage’,” she said.

Another MP said: “It’s a bit of empty symbolism. It’s interesting coming from a man who’s married quite well,” a reference to Mr Rudd’s wife Therese Rein, who has a lucrative employment business.

After receiving a 6.7% rise last year, backbench MPs currently earn an annual salary of $127,060. The Prime Minister’s salary is more than $330,000.

The Opposition quickly agreed to the pay freeze, with leader Brendan Nelson saying it would send a signal to people doing it tough that “we are doing our bit”.

Mr Rudd told Parliament the Government would make sure that when the freeze came to an end in mid-2009, there would be no clawback of lost money.

He described the freeze as “a modest measure” and conceded it did not of itself solve the nation’s economic challenges or problems.

“But it does, I believe, indicate to the public at large that the Government … is serious about the overall challenge of wage restraint,” he said.

Mr Rudd stressed that the freeze would not flow on to senior public servants.

Urging companies to do their bit, Mr Rudd said he hoped businesses that set chief executive salaries would show restraint this year. Executive wages in Australia have doubled over the past five years — four times the rise in ordinary workers’ wages.

Dr Nelson used the pay issue to press his case to include a question time in the new Friday parliamentary sittings, which are being introduced for private members’ business.

“It’s also important that everyone in the Parliament actually work hard for their money. We want Mr Rudd and his ministers to be in the Parliament every Friday to answer questions.”

Greens leader Bob Brown, who proposed that MPs’ pay rises be pegged to the CPI, said the Greens would move in the Senate to rein in “unconscionable” pay rises in the corporate sector.

With MARIO XUEREB

How this mood changed under Gillard!

One might now think it was a contributing motivator to the events of June 2010 when Rudd was replaced as PM.   This salary freeze embargo was lifted after Gillard came to power, and one wonders what restraint Gillard practised given the sincerity RUDD and the House in general agreed to when they all embraced the freeze in 2008.

The Gillard Salary explosion:

Since Gillard became PM there has been an explosion in MP remunerations.  The RUDD freeze did not ally to Public servants.

The salary expenditure explosion for DPMC staff under Gillard’s leadership has never experienced the annual increases the last two years represent – some 37%.

You will all recall the Government, and with no opposition from the Cross Benches, voted themselves in favour of the 2011 ‘Remuneration Tribunal‘ recommendations to increases the ‘base salary’ for a backbencher from $140k to $185k.  That increase took effect from July 2012, but not before another increase was voted on for another $5k p/a increase also to take effect from July 2012.

The ‘base salary’ increased to $190k – represents a year on year increase of 36%.

The pretence for the increased base salary, and as explained in the Remunerations Tribunal report, was to offset MP’s perks yielded and turned into cash or salaried payments.  I for one have trouble seeing where the ‘perks’ have been trimmed to offset the 36% increased cash pay rise.

If you can find it please tell me …

The explanation given by the Remuneration Tribunal Report for the salary increment in lieu of ‘entitlement’ yield can be read in part below – or the Full Report [all 319 pages] linked here:

Preface

This is the Tribunal’s first Report on parliamentary remuneration and other entitlements since
the Remuneration Tribunal Act 1973 (the Act) was amended to enable the Tribunal, once again, to determine the annual ‘allowance’ payable to members under section 48 of the Constitution.

The ‘allowance’ is referred to subsequently in this Report as parliamentary base salary or,
simply, base salary.

The Tribunal has been concerned, for some time, about the remuneration of parliamentarians and the sources of its various components. For example, in the Overview to its 2007-2008 Annual Report, the Tribunal noted that:

“…there has been no thorough review of the remuneration of parliamentarians for nearly twenty years. In these circumstances, base salary is not only less now than it might otherwise have been, it is also significantly below the level at which it would have been at 30 June 2008, had there been a consistent, sustained, basis for its fixation. I referred to the apparent adverse shifts in relativities between parliamentarians and the SES in last year’s Overview.”

The Tribunal therefore welcomed the announcement, on 8 September 2009, by the then Special Minister of State, Senator the Hon Joe Ludwig, of the establishment of a Committee to report on the reform of parliamentary entitlements.

The report of the Committee for the Review of Parliamentary Entitlements (the CROPE report) was published in April 2010. While this Report takes account of that report’s recommendations, they have not limited the scope of the Tribunal’s approach. The Tribunal made a submission in two parts to the Committee; they are available on the Tribunal’s web site2. However, as a result of the more detailed work giving rise to this Report, including interviews with a significant number of parliamentarians and the consultancy undertaken by Egan Associates, the Tribunal has modified certain proposals from its earlier submissions to afford them greater relevance. These are mentioned later in this Report.

On 30 September 2011, the Tribunal issued a Statement entitled “Remuneration of Federal Parliamentarians”. That Statement included the Tribunal’s view that existing parliamentary
entitlements should be rationalised and separated, as far as applicable, into two distinct
streams, namely:

  • remuneration (those entitlements which provide a personal financial benefit); and
  • business expenses (the costs incurred in undertaking their duties and responsibilities as a parliamentarian).

Assessment of the Work of Federal Parliamentary Backbenchers

That Statement also noted that, as a first step:

“…..consistent with the Committee’s recommendations, the Tribunal is conducting, with the assistance of a consultant, an assessment of the work of federal parliamentary backbenchers so as to establish, first, a defensible basis for assessing appropriate remuneration and, secondly, a benchmark for future assessments.”

An important part of that assessment has been consultations with a range of interested parties, including parliamentarians, officers of the parliament …

… read more …

The Act as amended and pasted above spoke of a wage freeze for all years to come … it lasted four years – all of which has seen the Australian private sector economy continue to be challenged and struggle under the weight of the GFC.

The rest of the western World has walk into a fiscal cliff that has Europe largely bankrupt and unable to help themselves, and America with their own debt anchor about to drag them off their own fiscal cliff as well.

I for one think that the PM, and MP remunerations are too low – but the monkey’s serving in this Government, and across the aisle, do not deserve any increase at all.  They cannot be the best options on offer.   If remunerations were market orientated then the quality of candidate would hopefully improve.  Common – Wyatt Roy was 20 when elected for Longman in 2010 – he is famous for a statement he made in the House:

“… never in my lifetime has the ALP delivered a Budget surplus …’

It bought the House down – not because it was true, but because someone of a your age was giving it to the Government … no disrespect to Mr Roy … but his hand is being held the whole time he has served in this Parliament.   He may at some time in the future become someone of worth and note – but what is his contribution to the House other than but a vote for the Opposition in the House.

If there was someone out there who as PM could lead and create a unison within the Nation, they should be paid the highest wage in the land … but whilst there is the divide between Corporate CEO remunerations and the $500k PM salary … we will continue to get monkey’s lining up for the job.

The other gnawing fact is that most of those serving in the Parliament could not survive in the Corporate world – such was their skill set and ability in the private sector.   Perhaps all aspiring MP’s and Senators should take IQ tests and there be a minimal rating requirement … just a thought … a high IQ does not mean a functioning person …

The ‘Base-Salary’ explanation:

The ‘base salary’ is the salary value for all MP’s serving on the Back Bench without their additional salary received for Committee, or other Parliamentary serving positions.   It is the level all Parliamentary executive, the States and Territories, and Executive Public Servants have their remunerations benched marked upon – i.e the PM receives the base salary plus an additional 160% as her remuneration.

To see a complete list of Parliamentary ‘additional salary’ percentages – use this link, and this link for the PM’s remuneration.

This is extrapolated in the Table below:

[Click on image to enlarge in a new window - click 'Ctr+']

This table does not include Parliamentary allowances relating to travel, car, staffing, telephone, stationary, computers, accommodation, and a host or other perks that were under the review that netted the 35% pay increase earlier this year.

It all makes one ponder how much ‘productivity’ actually matters in Government Departments.  My friend told me that 87% of all new Public service positions are filled from within.  I could say mediocrity breeds mediocrity – but that would be insultative to a vast number of Public Servants who do a great job, as they were trained to do.

The rub is those doing the training are Public Servants as well.   Oops – there I go again disparaging Public Servants … sorry guys.

This critique is not aimed at essential services like Police, Ambo’s, Nurses, and the other essential services.  I primarily refer to Admin and Human resources type staff.

DPMC Wage Scales:

Public Servants are now amongst the highest paid middle management groups in Australia as can be seen in the Table below:

DPMC Staff Executive Pay Scales:

[Click on image to enlarge in a new window - click 'Ctr+']

Over and above the pay scale structures in the NOTES Table above are the revelations outlining the percentage scale increases for the DPMC Executive – all benchmarked off the Remuneration Tribunal scales.   The low-end of the wage scale are talking about 20-40% ranges whereas the upper echelon have 60-80% range increases over the last 5 years of data.

Lends weight to the debate the gap between low paid and high paid staff is widening.

World Economic Comment v Parliamentary wage increases:

Let the facts speak – in a world where the financial security for 4/5th’s of the worlds population is in peril, where food, water and housing security is threatened or gone, where job security across all the Nations in Europe, across the America’s, and encroaching here at home, is on the wane, and where Corporate CEO’s are still talking home $10+ million annual pay packets,  our illustrious Political Leaders have decided that they all needed a monster of a pay bump.

Who among them is worth keeping – who has been invaluable to productivity and policy that has guided this Nation – you could probably count them on two hands – why do you pay the same pay to all the others when the true value of worth is a yes vote for the Party.   Other than that they deal with constituents, some of the time, have staffers to advise them every which way, driven everywhere, have their meals paid for by the taxpayer,  how many of them are really involved with the hard yards of policy?

They farm it out to think-tanks, Treasury, consultants, Legal minds, what do they actually do that make them stand above us all.   Their behaviour in the House is demeaning, their respect toward each other is an indictment, their lies, their public disdain for one another is symbolic of our society.

Who led who where … can we say that the example set by our Leaders are why our society is headed to a complete breakdown.

Not only have this Government pushed this Nation on a path to a fate similar to the rest of the world including:

  • our the debt explosion,
  • the complete abandonment of common sense when it comes to measuring Australia’s labor costs in relation to the rest of the world -
  • all dictated as a result from the generation highs of the A$ value -
  • thus making Australia a most expensive Nation on world trade markets,
  • we produce nothing other than agriculture and resources – all overpriced on overseas markets,
  • when Brazil and African markets come on-line soon, they will offer much more value -

I have no problem with the Prime Minister wrangling $400 million for her pet projects out of a $350 billion budget.   The question is who is she favouring with the payouts?

We know that as Education Minister under Rudd and during the Rudd response to the GFC – some $4 billion was spent on the School Rebuilding program.   $100′s millions of contracts went to Thiess Constructions – the very same Thiess Constructions that were a part of the AWU Union fraud back in 1992-95 that Gillard was involved with.   According to reports, large sums of the Schools Rebuilding program remain unaccounted for.

I just don’t trust Ms Gillard with public monies and I don’t think anybody else should either.   Why hasn’t the Opposition done the legwork on the DPMC budget and picked up what has been presented hereto?  Is a lazy $400 million not big enough?

In the next post – the efficiency of the DPMC is researched and despite the increased staff and costs – the DPMC handles less that what they were doing 5 years ago – questions are asked about the productivity and whether Gillard is empire building..

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The EYE-BALL Guru …

EYE-BALL Guru on – Shareholders – holding back the World … scared money – scared boss’s

November 3, 2012 2 comments
The-EYE-BALL-Opinion-Header-2
Latest GURU Posts:


- 31st Oct – Finally – RBA bubble head opens his mouth – He says – $A intervention not needed -


- 25th Oct – Foreign Minister Bob Carr & Wife – An Australian asset -


- 25th Oct – Communications Minister Stephen Conroy – one of Gillard’s Lap-dogs – untrained and unleashed -


- 24th Oct – Climate Change Minister Greg Combet – The Carbon Tax – emissions Trading scheme -


- 24th Oct – Treasurer Wayne Swan – Mini Budget Part 3 – The Clangers keep coming …


- 23rd Oct – Treasurer Wayne Swan – Mini Budget Part 2 – Mortgaging Australia’s Future to appease his ego


- 22nd Oct – Treasurer Wayne Swan – Mini Budget Part 1 – paints a false mirage to protect his legacy –


- 21st Oct – Penny Wong – On the mid-year accounts –


- 16th Oct – The First Home Owners Grant – the fallout and a reflection on a stupid stupid Government policy …


- 10th Oct – Tony Abbott Talks the Talk – but he is on empty when it comes to detail -


- 25th Sept – Wayne Swan – nothing graceful – but a turkey that needs roasting …


17th Sept – “Twiggy” – What went wrong?


12th Sept: – The “Window” of life nobody wants to look through -


19th Aug: – The ‘Lucky Country’ Tag – if you say it enough it must be true -


Aug 18th: – The Value of the A$ – Part II – another report from ‘The Australian’s’ David Uren -


Aug 15th: – The Value of the A$ – Part I – a report from ‘The Australian’s’ David Uren -


Aug 3rd: – Media Economic Commentary on June 2012 Retail Sales Figures – just naive …


Aug 2nd: – The Rise of the Australian $ – Finally someone from Academia Land agrees -


July 30th: – Greece – - Should they be allowed to leave the Eurozone -


July 27th: – Superannuation – a great big rip-off – Part III!!!


To see more GURU posts:

- click here …


Title:
- Shareholders -
- Holding back the world -
- scared money – scared boss’s -
| Author: EYE-BALL Guru | 3rd Nov 2012 |
Fof a very long time I’ve had more than a niggling thought that the World is looking at itself from the wrong perspective.  The struggle to gain clarity of thought on this subject has been difficult, and at times rendered me thinking that the concepts, and thought material were clouded and bordered on a lunacy bought on by the plight of the world in a post apocalyptic GFC marketplace.

I plan to share a few of these thoughts and the first is ‘shareholders’ and their need to be satisfied – both in terms of dividend returns, and the perception their investment is secure and will lead to more prosperity, this perception has a cause and effect not easily understood, nor blamed as a consequence that has led us to this place.

‘Shareholder’ equity has been the mound tat the world has relied upon and now sits squatted, spent, and afraid to do what it has done for centuries past.   It is afraid to invest, to risk, it has now become a matter where the world sits and reviews, becomes satisfied with a ‘rate of return’, where to aim is to minimise ‘tax liability’, and to ‘risk the investment capital’ is no longer an option.

Gone are the days where entrepreneurs – ‘bet the bank’ – on self belief and an investment strategy where they risk all to prove themselves.  Replacing that belief in humanity and that innovative thinking forged humanity – is a conservatism born from protection that new investment is not engineered by vision, but by ‘bean counters’ working over the numbers that streamline, repackage, and strip an existing asset to give it a higher yield.

Since the GFC true ‘venture capital’ investment is on the wane – risk aversion is the new module and all the capital in the world is chasing the same market.   New Investment is not happening – gone are the times when large Companies took a risk that spooked shareholder confidence … everybody now steers the straight and narrow road of appeasement, of steady growth, of shareholders being placated, and soothed over by reading financial statements of asset and returns protecting their investment.

The investment world has lost the will to seek out new markets, to see beyond the next quarterly review, they now seek to respond to monthly numbers as if the incremental rise and fall of a PPI, a Non Farm payroll number, of an Inflation indicator, the markets now look to these release dates and gear themselves to ‘buy of sell’, all based on a perception of how an abstract number might influence the marketplace.

Gone are the days when investment drove these numbers – now the investment world sits and awaits the numbers before they make and move to make a decision on where to move their money pool.

As economies in the northern hemisphere bounce along the seabed floor – drowning in a overburden of Government debt – opportunity for investment abounds – yet Governments and their inability to deal with the toxic debt inherited from failed bail-out measures – the private sector sits poised, hesitant because none want to lead – they are fearful of their shareholder response – and even more fearful of losing their $10 + million paychecks and lifestyle none want to risk.   The funds are there – locked away and fearful of failure more than success.

It’s a world sitting on a powder keg of emotion and having a convexity of opportunity that nobody sees, or wants to ‘take a leap of faith’ and see what lies on the other side.

Shareholders have done this – their apathy in relying on others to make there lifestyle sustained … the shareholder faith is more important to CEO’s, and new investment opportunities are now based upon conservatism where shareholder contentment is more important than the opportunity of risk returns.

There was a time where – ‘use it or lose it’ – was the way of the world … where – ‘he who hesitates, created an invitation to the opposition to clean out your house and take you to the cleaners’ – if an investor looked at the world right now and said where is opportunity – what would they find …

  1. Greece – not until they dump the Euro and become a stand alone currency – that would invite investment  …
  2. America – in currency terms cheap as chips – long-term investment potential across all industry … debt burden is the worry …
  3. China – currency to begin appreciating, but local investment against a management style based on bribery and corruption creates many risk uncertainties …
  4. Australia – overvalued in currency, more of a sell than a buy …
  5. Russia, exciting opportunities, yet corruption and political issues are a negative …
  6. Sth America – the best value anywhere … untapped resources, huge population wanting a better lifestyle … corruption opportunities exist …
  7. Africa – a graveyard of colonialism speculation … very high risk across the lands … only for the insiders with knowledge of corrupt leaders willing to sell the farm for personal wealth …
  8. India – emerging and singular in its endeavour – very class orientated and corruption again the problem …
  9. Europe/UK – at the end of an economic cycle that will take a decade or two to understand … a veritable changing of the guard is in play … old money, inherited money … and a ruling class lazy and too obtuse to understand that protecting a lifestyle and living off the income from capital is a slow death that sneaks up on you …

The World has become this product of past and brave investment,  now suddenly unsure how to function … they want Governments to show them the way … shareholders have forced the World into this corner and to break free and to allow money to work again – laws have to be changed.

The ‘Wall Street’ catchcry – ‘money never sleeps’ is a marketplace where speculation is the game – high stakes poker – ‘texas holdem’ style where the money comes from life savings, super funds, and other free capital that once invested in bricks and mortar and other ‘growth industries’.   For far too long, money itself has been the growth industry – build your war chest so you can bet it on a sure thing – a currency play here or there – George Soros showed us how all those years ago when he broke the Bank of England …

Unless Regulators grow a brain, and Legislators have a brain transplant – they will never see what I see … they live among the carcass rotting in a world of chewed up morality … where executives check their private investment portfolio before they go home every night, and at least one other time during the day.  Where personal wealth protection is more important that interfacing with a real world where poverty, hunger, and malaise abounds, and the human compassion is a forgotten emotion.

No … shareholders need to be awoken and introduced to uncertainty … where tax liability on dormancy is severe but lessened when new venture is undertaken.   You’d think Politicians would understand this … yet none have commercial backgrounds and their lack of experience in the real world has contributed to the policy vacuum that lacks creativity, and would never think to create opportunity through aggressive tax policy.

All Governments want to do is add a tax to plug a revenue hole … stupid, dumb, and scary, and a reason why shareholders have allowed themselves to be a cause and not an effect …

Money is meant to be used – used to create and not to mitigate … it’s a commodity and if left dormant and dependent on the efforts of others to increase its worth … then that is a sure sign that those who have it don’t deserve it, and should pass it on to someone who will make better use of it …

Burn the shareholder I say because it is they who have bough upon the world a toxic faith – where to do nothing and protect what you have has created a pit that we are all slowly descending into … a pit of darkness where at a certain trigger point – wealth will be but an illusion and disappear like paper upon a fire …

 

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The EYE-BALL Guru …

EYE-BALL Guru on – Finally – RBA ‘bubble-head’ opens his mouth – He says – $A intervention not needed -

October 31, 2012 8 comments
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Latest GURU Posts:


- 25th Oct – Foreign Minister Bob Carr & Wife – An Australian asset -


- 25th Oct – Communications Minister Stephen Conroy – one of Gillard’s Lap-dogs – untrained and unleashed -


- 24th Oct – Climate Change Minister Greg Combet – The Carbon Tax – emissions Trading scheme -


- 24th Oct – Treasurer Wayne Swan – Mini Budget Part 3 – The Clangers keep coming …


- 23rd Oct – Treasurer Wayne Swan – Mini Budget Part 2 – Mortgaging Australia’s Future to appease his ego


- 22nd Oct – Treasurer Wayne Swan – Mini Budget Part 1 – paints a false mirage to protect his legacy –


- 21st Oct – Penny Wong – On the mid-year accounts –


- 16th Oct – The First Home Owners Grant – the fallout and a reflection on a stupid stupid Government policy …


- 10th Oct – Tony Abbott Talks the Talk – but he is on empty when it comes to detail -


- 25th Sept – Wayne Swan – nothing graceful – but a turkey that needs roasting …


17th Sept – “Twiggy” – What went wrong?


12th Sept: – The “Window” of life nobody wants to look through -


19th Aug: – The ‘Lucky Country’ Tag – if you say it enough it must be true -


Aug 18th: – The Value of the A$ – Part II – another report from ‘The Australian’s’ David Uren -


Aug 15th: – The Value of the A$ – Part I – a report from ‘The Australian’s’ David Uren -


Aug 3rd: – Media Economic Commentary on June 2012 Retail Sales Figures – just naive …


Aug 2nd: – The Rise of the Australian $ – Finally someone from Academia Land agrees -


July 30th: – Greece – - Should they be allowed to leave the Eurozone -


July 27th: – Superannuation – a great big rip-off – Part III!!!


July 19th: The “LIBOR” Scandal …Part III – Banks a conduit for crime and corruption!!!


July 14th: – Link to Part IIThe LIBOR Scandal … The Banks are in Trouble … again!!!


July 8th: – Link to Part IThe LIBOR Scandal … about to explode …


July 7th: – The “CARBON v CLIMATE CHANGE” Debate – Part I – OIL and its Contribution -


June 15th: – The GFC – the right of reply … the right to question …


June 8th: – A Global Economic Snapshot …


June 6th: – Treasurer SWAN just won Lotto …


To see more GURU posts:

- click here …


Title:
- Finally – RBA bubble head opens his mouth -
- He says - $A intervention not needed -
| Author: EYE-BALL Guru | 30th Oct 2012 |
The Reserve Bank of Australia deputy governor Philip Lowe, came out and said in an address to the Commonwealth Bank’s Australasian Fixed Income Conference in Sydney that the A$ is not overvalued.  For 10 years the RBA has sat on the fence when it comes to economic management with concern to the rising A$ value, the TWI value, and how the export revenues shipped offshore have resulted in lower export revenues.

The story was reported in ‘The Courier Mail’and is published below …

RBA says $A intervention not needed


| Author: Jason Cadden | Date: Oct, 30th 2012 | Link to On-Line Story. |

THE Reserve Bank of Australia (RBA) says the conditions are not right for it to intervene in currency markets to reduce the value of the Australian dollar.

Reserve Bank of Australia (RBA) deputy governor Philip Lowe told the Commonwealth Bank’s Australasian Fixed Income Conference in Sydney the Australian dollar is not overvalued.

“The major influence on the currency is the terms of trade, the commodity prices,” Dr Lowe said.

“That’s why the exchange rate is high.”

Dr Lowe said in answer to questions at the conference that the current conditions were not right for an intervention.

“While it’s a bit surprising that the currency hasn’t come down – the outlook for the world economy has softened and interest rates have gone down – the currency is still not at a point where I think you can make a strong conclusion that it is fundamentally overvalued,” he said.

“Really you’re talking about whether the Reserve Bank should undertake a very large scale intervention in the currency markets.

“The argument for doing that would arise if we thought the currency was fundamentally overvalued and was having a really adverse affect on the Australian economy.”

A recent case when the RBA intervened in currency markets was in late October 2008, when it spent $3.15 billion propping up the Australian dollar after it fell below 61 US cents as the worst of the global financial crisis was setting in.

“Historically, we’ve been prepared to intervene for short periods of time when there is market dislocation or where the exchange rate has been fundamentally away from where it should be,” Dr Lowe said.

“So that possibility is not ruled out but it would be a very big step moving away from a system that has serve us very well for a very long period of time.”

Dr Lowe said the floating of the Australian dollar in December 1983 was one of the most fundamental economic reforms Australia has made over the past 30 years.

“It has been an incredibly stabilising influence, there have been periods where people may feel very uncomfortable about the movement but if you look back over the history it is difficult to escape the conclusion that a floating exchange rate has been a tremendous benefit to this country,” he said.

“A decision to to intervene by the Reserve Bank would be a very big one.”

The RBA are ‘chicken’ – they fear the ‘hot’ money parked onshore for a decade or so, and here to take advantage of the interest-rate spread,  might exit A$’s given any sustained intevention by the RBA.

It happened in the GFC aftermath – see chart below – and that fall was all related to the unwinding of the ‘resource cash and carry trade’ that was milking the Australian economy to $100′s billions ever year.

From the start of this A$ rise against the US$ – some 10 years ago – see A$ v US$ chart below -

Click on chart to open in a new window – to enlarge click [Crt+]

… the RBA and then Howard Government Treasurer Peter Costello, were asleep at the wheel.   Enter Wayne Swan as Treasurer in 2007 and his ‘duncehat’ understanding of Financial markets continued the three blind-mice acceptance that nothing could or should be done to halt the A$ rise.

The RBA were equally distracted and focused on ‘inflation’ factors where they have been locked away since the early 90′s – neven realising or grasping the economic shift in global trade factors and how markets were now working.

Australia was seen as cheap by the rest of the world – there was a stable democracy – a high interest rate on offer, and investing in Australian resources was a trade that guaranteed monster investor returns given an emerging China, India and the Asian region in general.   As word spread everybody who could borrow at cheap off-shore interest rates jumped into the cash and carry trade.  The RBA abd Government said ‘come one come all, we’d love to have you steal our wealth anytime.’

The Government and RBA were in love with their economic management success thinking the rise in the A$ was a healthy indicator that the world liked us.   What stupid colonials our economic managers were.

Costello sat aloft in his counting house counting the billions in budget surplus’ he rendered,  and then Swan thinking is it was OK for Costello it should be OK for him to do the same thing.   Fuckwits both of them.

The average of the A$ v US$ value since it floated has been just under A$0.75c … the post 9/11 era saw the China explosion in resource demand.  This happened when the US$ was falling due to GW Bush war chant and budget spending,  and poor old Australian miners who were set for a boom period – suddenly had to deal with a rising A$ v US$ and that meant diminished A$ revenues for their exports.

The rise in iron-ore, and coal prices in US$ terms more than off-set the A$ currency rise – but it truly could have been a golden age if Australian Leaders had a goddamn clue.  Australia was set for a 30-40 year mining boom if the A$ value stayed at 2001 levels.

Meanwhile China had pegged their currency [Yuan] to the US$ after a 50% devaluation in 1995.  As the US$ fell that made the Yuan cheaper still and made their exports cheap to overseas buyers, and their imports more expensive for China. See Yuan chart below:

Click on chart to open in a new window – to enlarge click [Crt+]

The US$ weakened across the board against all major currencies – and China had hit the motherload as they say.   See chart below:

Click on chart to open in a new window – to enlarge click [Crt+]

China’s exports exploded and their need for iron-ore and coal was a windfall for Australian miners. As the A$ rose, China began to look for cheaper iron-ore and began to invest in Sth America [Brazil], and Africa as a future source for their resources. When these markets come on-line – Australian miners will be priced out of the market – high labour costs and a high A$ value will make them uncompetitive in a global market place.

This stupid Government and the RBA have their heads so far up their arse’s patting themselves on the back and the one in front over how they handled the GFC crisis – they have no idea what is around the corner and about to hit them smack full in the face.

The MRRT is the dumbest tax ever invented and sums up Swans credentials – a tax that raised no money in its first three active months.  Maxine McKew gave us insight into Swans absolute cock-up over the MRRT and how he turned to Gillard to save his own ass … what a dickhead.  This MRRT was revised down from $40 billion over 5 years – it now stands at $9 billion over the same time frame – and some $2 billion for the 2012-13 year.

This crowd of over-achievers could not manage a budget for a school reunion … and to think the World Finance Ministers nominated Mr Swan as Treasurer of the year a year ago – they were so thrilled that he helped let them rip a A$ trillion out of the Australian economy over the last 10 years – they felt Mr Swan deserved their praise. The stupid fool still does not know it was a ‘Clayton’s’ nomination.

Now I hear you repeat the RBA Deputy Governor’s comments -

“The major influence on the currency is the terms of trade, the commodity prices,” Dr Lowe said.

About three months ago Russia placed an excise increase on oil exports to help cover the exchange revaluation. About a year ago the Swiss Government stepped into the market and said enough – they pegged the Swiss Franc at 120SF to the Euro and stood in the market to hold the value. It remains there today.  See Chart below:

Click on chart to open in a new window – to enlarge click [Crt+]

You get the picture – the Swiss take no prisoners when it comes to fuckin’ with their terms of trade … but then they can afford to stand in the market with all that non claimed Nazi money and the billions that Dictators and drug dealers leave unclaimed when they met their maker …

What is strikingly dumb is that neither the Australian miners, not the agriculture exporters lobbied to have the A$ capped – yet the floating in 1983 was a decision for the time – and done by a Treasurer [Keating] with vision and the guts to make a decision.  Both Costello and Swan could not lick Keating’s boots as Treasurers.

Costello sits back and thinks the ‘Future Fund’ was his big gift to Australia, the ‘Future fund’ was set up from proceeds from the Telstra sale – there was Telstra an Australian owned asset – every Australian owned a piece – the Government sold it off and put the funds into funding the underfunded portion of the Public Service Superannuation.

Did you get your piece of Telstra – you needed $2000 at the time for T1 and if you could not afford it you forfeited your stake and it went to some fat-cat who dipped his wick more then once and multiplied up on applications. Remember the three Howard Ministers who were reprimanded for getting their snouts dirty in their over subscriptions, Moore, Parer and another who’s name escapes me.

I digress … sorry … but Costello and Swan sat back and watched the A$ sail away up north never knowing or suspecting that the rest of the world had plugged a syphon into the Australian economy stripping billions from Australian mortgage payers, all  paying higher interest rates than needed.  Off-shore investors took advantage of those returns and then won super big on the A$ currency appreciation.

Why the farmers and miners did not tell the Government what was happening is a mystery that escapes me – perhaps they were dumb as well.

I’ve had numerous discussions with RBA staff on these matters and many others – they don’t like my style of debate – they have no response and I can never get high enough up the food chain to engage with anyone who can give any sensible debate to the questions raised hereto.   I’ve even interfaced with Ministers over this and they are equally challenged – for mine – they just don’t think anyone can be as smart as they think they are and that helps explains why we are in the mess we are.

There is a war going on right now that very few can understand.  It’s a trade war and China are whipping the rest of the world, and they are not prepared to let their grip loosen for the rest of the World to get a start in the game.  The ‘Yuan’ chart above has shown some small adjustment to the US$ peg in a post GFC market – China’s labour cost are forcing the rest of the world to match them and to do so means everybody has to take massive pay cuts.

When Australia imports from the world – the largest portion of those imports are labor cost transference … don’t the Government get that?   I’m sure they do … it’s just that they don’t have an answer and that means incompetence from the Government and the bureaucrats standing the post – just like this RBA Deputy Director – who need Leadership … or just a willingness to hire people who are smarter then themselves …

This economic war has been brewing for decades and the Western world saw no end to their prosperity – all the while China and other Asian Nations were all too willing to fund their wanton borrowings.   Johnny come lately Mr Swan and after the initial GFC stimulus package, and then after the ‘Red Witch’ took charge with her socialist agenda, Australia’s spending continued for another $200 billion.

Now we are in the crapper as well,  and this Ponce of a RBA Deputy Director comes out with some lame comment about currency intervention being not the right time.

Australians markets have already been priced out of the global Tourism, Manufacturing, and Retail markets.   Our resources and agriculture will soon follow suit.   Where then will the offshore funds come from to keep funding our National debt levels?

Swan as Treasurer has invited as all to a delayed GFC party – all that bragging about us being a lucky Nation to have avoided what Europe and the Nth Americas went through will be arriving just in time to join our housing bubble crash, and Australia’s debt rating slide down to junk bond status.

It will happen quickly and Australian Banks will be looking for more Federal Government guarantees to keep their foreign borrowings from leaving – the interest rate cost will be the killer though.

And all this because a dunce like Swan, a ‘Red Witch’ PM, and a Cabinet full of idiots have no idea about global markets.  But never mind – these Politicians will retire on fully funded A$250k a year pensions that we taxpayers will continue to pay.

The slide in the US$ v the major currencies of the world has always been a tell-tale sign – see charts below …

USD v ¥

Click on chart to open in a new window – to enlarge click [Crt+]

USD v Swiss Franc

Click on chart to open in a new window – to enlarge click [Crt+]

USD v £

Click on chart to open in a new window – to enlarge click [Crt+]

USD v €

Click on chart to open in a new window – to enlarge click [Crt+]

Three of these charts, the US$ v Yen, SF, Cable, all point to those markets becoming uncompetitive in an increasingly competitive market place for trade.   The Euro since the GFC,  has reversed its strength against the USD and now is probably the weakest currency in the Western world.

Given the economic woes they have endured over the last 3-4 years i.e. P.I.G.S. and the like – the rest of the world has a glimpse of what might be coming their way unless China releases the trade breaks and allows its currency to trade on the open market.   Chances of that hapening are very slim … would any of us swap our trade poistion … hello Australia did when it just stood back and let the A$ appreciate 150% in the last 10 years.

And again – there is the little Aussie battler – pegged out like a shag on a rock thinking the ‘free trade’ market chatter was where the rest of the world was playing at.   Stupid Australia … stupid RBA … and stupid stupid Treasurer Swan and his comport of political speak … honestly he makes it up as he goes along …

So when that RBA Deuty Director boofhead sticks his head up again in public  – please give him a serve and challenge him on all that has been written here.

Be assured he might think he is smart – but he and all his workmates haven’t got a friggin’ clue – they still think inflation is the key to Australia’s economic management – so does the Government and the Opposition according to the RBA charter signed by both political parties back in the 90′s and not updated since.

Mediocrity breeds mediocrity … fools tolerating bigger fools …

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 …

EYE-BALL Guru on – Foreign Minister Bob Carr & Wife – “An Australian Asset” -

October 25, 2012 3 comments
The-EYE-BALL-Opinion-Header-2
Latest GURU Posts:


- 25th Oct – Communications Minister Stephen Conroy – one of Gillard’s Lap-dogs – untrained and unleashed -


- 24th Oct – Climate Change Minister Greg Combet – The Carbon Tax – emissions Trading scheme -


- 24th Oct – Treasurer Wayne Swan – Mini Budget Part 3 – The Clangers keep coming …


- 23rd Oct – Treasurer Wayne Swan – Mini Budget Part 2 – Mortgaging Australia’s Future to appease his ego


- 22nd Oct – Treasurer Wayne Swan – Mini Budget Part 1 – paints a false mirage to protect his legacy –


- 21st Oct – Penny Wong – On the mid-year accounts –


- 16th Oct – The First Home Owners Grant – the fallout and a reflection on a stupid stupid Government policy …


- 10th Oct – Tony Abbott Talks the Talk – but he is on empty when it comes to detail -


- 25th Sept – Wayne Swan – nothing graceful – but a turkey that needs roasting …


17th Sept – “Twiggy” – What went wrong?


12th Sept: – The “Window” of life nobody wants to look through -


19th Aug: – The ‘Lucky Country’ Tag – if you say it enough it must be true -


Aug 18th: – The Value of the A$ – Part II – another report from ‘The Australian’s’ David Uren -


Aug 15th: – The Value of the A$ – Part I – a report from ‘The Australian’s’ David Uren -


Aug 3rd: – Media Economic Commentary on June 2012 Retail Sales Figures – just naive …


Aug 2nd: – The Rise of the Australian $ – Finally someone from Academia Land agrees -


July 30th: – Greece – - Should they be allowed to leave the Eurozone -


July 27th: – Superannuation – a great big rip-off – Part III!!!


July 19th: The “LIBOR” Scandal …Part III – Banks a conduit for crime and corruption!!!


July 14th: – Link to Part IIThe LIBOR Scandal … The Banks are in Trouble … again!!!


July 8th: – Link to Part IThe LIBOR Scandal … about to explode …


July 7th: – The “CARBON v CLIMATE CHANGE” Debate – Part I – OIL and its Contribution -


June 15th: – The GFC – the right of reply … the right to question …


June 8th: – A Global Economic Snapshot …


June 6th: – Treasurer SWAN just won Lotto …


To see more GURU posts:

- click here …


Title:
- Foreign Minister Bob Carr & Wife -
- An Australian asset  -
| Author: EYE-BALL Guru | 25th Oct 2012 |
Astory released by ‘The Age’ today covered the overseas expenses accredited to Bob Carr’s wife in the eight of nine trips in which she has accompanied him since he became Foreign Minister in March/April 2012.

The expense contribution amounts to $123,000 and if one was to ponder that expense further – one might ask who approved the expenditure?

‘The Age’ story appears below:

Carr’s wife travels at taxpayers’ expense


| Author:  Adam Gartrell, AAP Diplomatic Correspondent | Date: Oct 25th 2012 | Link to On-Line Story. |

AAP

Bob Carr’s wife Helena has accompanied him on almost every overseas trip he has made as foreign minister, costing taxpayers about $120,000 in mostly business class airfares in just six months.

Documents released under Freedom of Information laws show Mrs Carr travelled with her husband on eight of the nine trips he took in the months between late March and early September.

The arrangement is highly unusual for a foreign minister. AAP understands Senator Carr’s Labor predecessors Stephen Smith and Kevin Rudd rarely if ever took their wives on official overseas trips.

But Senator Carr has defended the arrangement, saying the cost is “absolutely justified” because his wife is an “asset to Australia”.

“I’m proud that Helena has accompanied me on every trip I’ve done. Because while I’m talking to the foreign minister, she’s inspecting aid projects, or talking to groups of women,” he told reporters.

“It’s very, very good that Helena has been there with me.”

Senator Carr said it had also been an “advantage” to be accompanied by a Malaysian wife of Indian and Chinese descent as he lobbied for Australia’s spot on the United Nations Security Council.

The total cost of Senator Carr’s nine trips was an estimated $828,754, the documents obtained by AAP show.

Of that, Mrs Carr’s airfares – the vast majority of which were business class – accounted for an estimated $123,928.

Her meals and incidentals cost a further estimated $8000.

The figures come from pre-travel estimates provided by the Department of Foreign Affairs and Trade to Senator Carr’s office.

A spokesman for Senator Carr conceded the figures were “pretty close” to the actual costs.

The spokesman said Senator Carr and his office had always followed the relevant ministerial guidelines and all of Mrs Carr’s travel had been approved by the prime minister’s office.

Those guidelines say ministers are “generally not accompanied on official overseas travel by his or her spouse or de facto partner”. But exceptions are made when host countries have extended an invitation to the spouse and where an official program of engagements has been arranged.

“It’s by no means a holiday. You have a full day,” the spokesman told AAP.

Destinations do include countries to which Australia gives aid, including Cambodia, Burma and the Solomon Islands.

But they also include repeated visits to the US and the UK, and visits to wealthy Asian nations like Singapore and Japan.

The documents do not include the trip Senator Carr took to New Zealand before he was sworn in, or any of his travel in the past seven weeks. It is believed Mrs Carr accompanied her husband most of that time.

The only trip listed in the documents that Mrs Carr did not go on was a 24-hour visit her husband made to Fiji – at a steep cost of more than $42,000.

For that trip, Senator Carr took a special purpose aircraft at a cost of about $35,000 rather than fly commercially.

Senator Carr’s spokesman said he opted for the private plane because he had to be back in Canberra for pre-budget cabinet meetings and commercial schedules were not suitable.

Overall, Senator Carr is spending more days abroad than Kevin Rudd, who was sometimes called Kevin 747.

One could make a case that since Julia Gillard appointed Bob Carr from obscurity serving penance for the mess he left NSW in after serving as NSW Premier for a decade or more, Mr Carr has become highest spending Senator on record. Every other Foreign Minister served in the HOR, and Mr Carr folding probably the fourth most important position in Government behind, the PM, The Speaker and the Treasurer. The GG is probably above him as well.

None the less – this magnitude of Bob Carr’s $1 million expenditure with the recent UN Security Council trips to be added to the $828k total, he has to have the best travelers job in the world. First class all the way, dining with royalty where ever he goes and his wife gets to tag along as bed comfort or some other vital ‘Australian asset’.

What does Bob Carr mean when he justifys the expenditure when he says as quoted from above -

But Senator Carr has defended the arrangement, saying the cost is “absolutely justified” because his wife is an “asset to Australia”.

“I’m proud that Helena has accompanied me on every trip I’ve done. Because while I’m talking to the foreign minister, she’s inspecting aid projects, or talking to groups of women,” he told reporters.

“It’s very, very good that Helena has been there with me.”

Senator Carr said it had also been an “advantage” to be accompanied by a Malaysian wife of Indian and Chinese descent as he lobbied for Australia’s spot on the United Nations Security Council.

Does it mean she was able to do the job he could not … or that her language skills allowed him to communicate with counterparts … I have no problem if she is essential and if so why is she not on the Government payroll …

Come on Bob – your were semi retired after the NSW Premier job – you don’t need the money after you receive the NSW Premier’s pension … if the job is that important to you stand up and had back the money attributed to your wife’s expenditure.

Foreign Ministers before you only took their wives on overseas trips on special occasions … if it was a condition granted so you would take the job when Gillard asked – tell the Australian public else you will be crucified in the press on this. A million spent in some seven months … you seem to be well ahead of Peter Slipper’s class when it comes to travel rorts …


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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 …

EYE-BALL Guru on – Communications Minister Stephen Conroy – one of Gillard’s Lap-dogs – untrained and unleashed -

October 25, 2012 1 comment
The-EYE-BALL-Opinion-Header-2
Latest GURU Posts:


- 24th Oct – Climate Change Minister Greg Combet – The Carbon Tax – emissions Trading scheme -


- 24th Oct – Treasurer Wayne Swan – Mini Budget Part 3 – The Clangers keep coming …


- 23rd Oct – Treasurer Wayne Swan – Mini Budget Part 2 – Mortgaging Australia’s Future to appease his ego


- 22nd Oct – Treasurer Wayne Swan – Mini Budget Part 1 – paints a false mirage to protect his legacy –


- 21st Oct – Penny Wong – On the mid-year accounts –


- 16th Oct – The First Home Owners Grant – the fallout and a reflection on a stupid stupid Government policy …


- 10th Oct – Tony Abbott Talks the Talk – but he is on empty when it comes to detail -


- 25th Sept – Wayne Swan – nothing graceful – but a turkey that needs roasting …


17th Sept – “Twiggy” – What went wrong?


12th Sept: – The “Window” of life nobody wants to look through -


19th Aug: – The ‘Lucky Country’ Tag – if you say it enough it must be true -


Aug 18th: – The Value of the A$ – Part II – another report from ‘The Australian’s’ David Uren -


Aug 15th: – The Value of the A$ – Part I – a report from ‘The Australian’s’ David Uren -


Aug 3rd: – Media Economic Commentary on June 2012 Retail Sales Figures – just naive …


Aug 2nd: – The Rise of the Australian $ – Finally someone from Academia Land agrees -


July 30th: – Greece – - Should they be allowed to leave the Eurozone -


July 27th: – Superannuation – a great big rip-off – Part III!!!


July 19th: The “LIBOR” Scandal …Part III – Banks a conduit for crime and corruption!!!


July 14th: – Link to Part IIThe LIBOR Scandal … The Banks are in Trouble … again!!!


July 8th: – Link to Part IThe LIBOR Scandal … about to explode …


July 7th: – The “CARBON v CLIMATE CHANGE” Debate – Part I – OIL and its Contribution -


June 15th: – The GFC – the right of reply … the right to question …


June 8th: – A Global Economic Snapshot …


June 6th: – Treasurer SWAN just won Lotto …


To see more GURU posts:

- click here …


Title:
- Communications Minister Stephen Conroy -
- one of Gillard’s Lap-dogs-untrained and unleashed -
| Author: EYE-BALL Guru | 25th Oct 2012 |
The National Broadband Network [NBN] was a part of the ALP Government’s answer to the GFC tsunami spreading across the globe.   The initial 2008 forecast NBN spend was announced as somewhere between $30-$40 billion.  It was a hasty decision and was very much more about economic rhetoric than anything that came about from a sound policy initiative based on an extensive formal research undertaking.

The Australian electorate has had to suffer Minister Conroy and the NBN from the outset.  He has had some five years as the Communications Minister when appointed under PM Rudd in 2007 as a then Senator with some 8 years Parliamentary experience.

Mr Conroy’s Bio according to the APH website states his credentials before entering Parliament as -

Qualifications and occupation before entering Federal Parliament – [linked here]

  • BEc (ANU) – (May 1985)
  • Superannuation Officer, Transport Workers’ Union.
  • Research assistant.

What is more impressive than the career he had before he joined Parliament – is the detail provided on his APH website outlining his continued education provided for by the Parliament since he became a Senator.  [linked here.]

There have been a multitude of taxpayer-funded overseas study trips to help him complete his education, and he has sat on numerous committees since he became a Federal Senator in 1999.  Prior to this appointment he served as a Senator in the Victorian Parliament since 1996, and he was a Local Councilor before that.

A recent enquiry with the ANU provided his Graduation having been completed in May 1985.  So at age 22 Mr Conroy joined the workforce as a research assistant, and his elevation to a Minister in the Federal Government is probably something that was not seen as a career path at that stage.

The debate on whether he has over achieved is still ongoing – but from my perspective … Mr Conroy is languishing so far out of his depth as a Minister – I don’t think there is any way he will ever be consider one of Labour’s poster boy success stories. He is a fine example of a Union boy made good and in this Government with a coral full of unleashed and untamed lap-dogs, Gillard can call on any of them to do her bidding whenever she wants.

I do not know anything about Mr Conroy other than what I have read and been exposed to through the media as a Politician – he has never had my attention until he became the Government spokesperson for the NBN.

It is obvious to me that Minister Conroy is not a naturally gifted speaker, nor someone that has a ‘quick wit’,  or someone who comes across as a ‘good and likeable bloke’.   He seems ‘nerdy’ and twitchy at times and I judge that to be about his over-reach and that he is not comfortable in his environment.  The only conversations I have with him are very one-sided and take place in front of a TV when he speaks … the TV often ends up with ‘chop-suey’ all over it.

His shifty eyes and mannerisms are not made for TV interviews and I tell him so often … yet with all the media coaching and training he has received – what we get to see now is as good as he will ever be.

Please – don’t mistake this as a directed and/or personal attack – the poor bloke was just not made for modern TV where image and charisma is everything.

I have no doubt he is a hard worker and does his best – but come on – from a research assistant, to a Superannuation Officer with a BEc, to overseeing a $50 billion NBN rollout – the first of its kind in the world, and at a time when this Government had been out of office for some 12 years – Rudd was forced to pick him in his Cabinet to keep the Union heavyweights on side.

Given the slide in time – all Mr RUDD’s Cabinet post have to now be considered tainted.   Mr Conroy was a Union official – how high up is not known, but that was his meal ticket to a Unionised Cabinet that had an agenda that was not played out until the fateful night that Julia Gillard knifed Kevin Rudd in Jun 2010.

Whatever Mr Conroy’s credentials before he entered Parliament – his credentials now paint him as someone completely lost with the management and responsibility for the NBN …

What he knows and understands about Business and how to run a Company and its workforce – is something he could only answer if he so chose to respond to.   He did what he thought was the right thing in hiring qualified people, paid them millions in remunerations, and gave them bonus options – and some 4 years later all we hear about is the staff costs eating away at the budget and no subscribers signing up.

Plenty are waiting but the roll-out is some 12 months behind schedule, and as indications represented on ABC’s ’7:30 Report’ last night, consumers are furious at the delays.

Mr Conroy is very much aligned with Julia Gillard – a tempting conclusion draws a suggestion that from mediocrity, comes more mediocrity …

Minister Conroy’s counterpart – Mr Turnbull sits in the HOR and does not get to face off with Minister Conroy … they don’t appear on TV shows together.  I’m sure Mr Conroy has ben advised to stay away from Turnbull because he would find himself chewed-up and spat-out if he stepped into the ring with Turnbull – on an intellectual basis.  Just as I am sure from the Conroy Union history, his background would have him primed for a physical stoush if that was what would resolve the issues of the day …

Gillard has surrounded herself with these unleashed ‘hand-bag fillies’, an ‘lap-dogs’ and they all seem loyal to a fault.

The likes of the ‘Hand-Bag’ crew – Roxon, Plibersek, Macklin, Ellis, and the ‘lap-dogs’ – Conroy, Shorten, Bourke, Garrett, Swan, Bowen, Crean – all trotted out to bag Kevin Rudd in March this year when the Leadership spill was on … all to the instructions of Julia Gillard and in her defence, and all to prove loyalty against the Cabinet reshuffle announced before the spill.   Gillard barks – and these loyal lieutenants stand to attention.

At a time when Leadership has never been more important – Gillard has again this week played the ‘misogynist sexist’ card over comments about the baby-bonus mini-budget changes.

Next weeks Parliamentary sitting will be very important in how the tone of the Government is perceived given the -

  • release of the Maxine McKew book titled – “Tales From the Political Trenches”
  • The Thompson home raid by NSW Police acting on behalf of the Victorian police,
  • The continuing Slipper/Ashby court drama
  • the mini-budget desperation and the swiss cheese excuses coming forth from Treasurer Swan in defence of his economic management …
  • and finally – Hedley Thomas had Gillard on the ‘rack’ and one time Gillard accomplice Ralph Blewitt has bled himself to see Gillard burn at the stake for the fraud she has perpetrated upon the Australian people.

The House sits for four days next week before it rises again until the 26th Nov for the final four-day sessions before the Christmas break.   Will Gillard still be the PM – will Labour still be the Government – anything could happen and that is why the media do not have to be good at their job anymore.

P.S.

At the risk of the ‘misogynist’ name tag being hurled again – I would like to say – it has been my experience where women have chosen to pursue a career over motherhood, i.e. a life with no children, than the outcome response to their life as it begins to stack up and they try to measure their worth and the difference they have made in career terms, many begin to fall apart when the opportunity of motherhood has passed … from then onwards they look to women with children and all that that brings with an envy that leaves a bitterness within.  That sour taste becomes an anger directed outwards because to direct it at themselves would mean having to accept that their choices made their life what it was.

I make this comment our of respect for mothers who made the choice and are content with their role as a mother and their contribution to their family.   For those who chose a career – then your lot is attached to the way men feel about their lives … they will never even have what a mother has … and we are all less because of it.   Please as a message to all Politicians – please let mother be mothers and give them whatever it takes for them to be at home with their children if that is what they want.   Childcare is no way to raise a child.


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 …

EYE-BALL Guru on – Climate Change Minister Greg Combet – The Carbon Tax – Emissions Trading scheme -

October 24, 2012 2 comments
The-EYE-BALL-Opinion-Header-2
Latest GURU Posts:


24th Oct – Treasurer Wayne Swan – Mini Budget Part 3 – The Clangers keep coming …


- 23rd Oct – Treasurer Wayne Swan – Mini Budget Part 2 – Mortgaging Australia’s Future to appease his ego


- 22nd Oct – Treasurer Wayne Swan – Mini Budget Part 1 – paints a false mirage to protect his legacy –


- 21st Oct – Penny Wong – On the mid-year accounts –


- 16th Oct – The First Home Owners Grant – the fallout and a reflection on a stupid stupid Government policy …


- 10th Oct – Tony Abbott Talks the Talk – but he is on empty when it comes to detail -


- 25th Sept – Wayne Swan – nothing graceful – but a turkey that needs roasting …


17th Sept – “Twiggy” – What went wrong?


12th Sept: – The “Window” of life nobody wants to look through -


19th Aug: – The ‘Lucky Country’ Tag – if you say it enough it must be true -


Aug 18th: – The Value of the A$ – Part II – another report from ‘The Australian’s’ David Uren -


Aug 15th: – The Value of the A$ – Part I – a report from ‘The Australian’s’ David Uren -


Aug 3rd: – Media Economic Commentary on June 2012 Retail Sales Figures – just naive …


Aug 2nd: – The Rise of the Australian $ – Finally someone from Academia Land agrees -


July 30th: – Greece – - Should they be allowed to leave the Eurozone -


July 27th: – Superannuation – a great big rip-off – Part III!!!


July 19th: The “LIBOR” Scandal …Part III – Banks a conduit for crime and corruption!!!


July 14th: – Link to Part IIThe LIBOR Scandal … The Banks are in Trouble … again!!!


July 8th: – Link to Part IThe LIBOR Scandal … about to explode …


July 7th: – The “CARBON v CLIMATE CHANGE” Debate – Part I – OIL and its Contribution -


June 15th: – The GFC – the right of reply … the right to question …


June 8th: – A Global Economic Snapshot …


June 6th: – Treasurer SWAN just won Lotto …


To see more GURU posts:

- click here …


Title:
- Climate Change Minister Greg Combet -
- The Carbon Tax – emissions Trading scheme -
| Author: EYE-BALL Guru | 24th Oct 2012 |
The Minister for Climate Change, Energy Efficiency, Industry, and Innovation – Mr Greg Combet, gave a speech to the 4th Annual Australian and New Zealand Investment Conference at the – SHERATON ON THE PARK, SYDNEY today.

Mr Combet’s Ministerial office provided a full text of the speech and it can be read using this link [opens a PDF file.]

Mr Combet was addressing Financial Market Executives and expressed the Government’s position in how they see climate change policy interacting with Market initiatives and products.  Mr Combet’s speech was commented on by ‘The Australian’ journalist Scott Murdoch when he filed the following Story:

Carbon tax repeal a threat: Combet


| Author: Scott Murdoch | Date: 24th Oct 2012 | Link to On-Line Story. |

CLIMATE Change minister Greg Combet has warned Tony Abbott’s promise to repeal the carbon tax will threaten Australia’s sovereign risk rating because of the major uncertainty created by the move.

In a speech to the Citigroup conference, Mr Combet attacked the opposition’s climate change policy which centers on a direct action plan rather than Labor’s planned transition from the carbon price to an emissions trading scheme in 2015.

Mr Abbott has promised to scrap the carbon tax, now set at $23 a tonne, if he wins the election due next year.

However, Mr Combet said businesses and industry leaders were now supporting the carbon tax after the “sky didn’t fall in” once it came into effect in July this year.

“It creates so much uncertainty, people are making very large investment decisions in the energy sector for example in assets with a life of 30 to 50 years,” he said referring to the coalition’s plan.

“If he (Mr Abbott) is doing what he proposes then it creates uncertainty and people will stand back and go ‘what’s going on here?’.

“Those investors are international investors and they know what’s going on. They know the carbon prices around the world, they know it’s inevitable and they know that this is rational policy response.”

Mr Combet said he would campaign against the opposition’s carbon policy “every day until the next election”.

This news report by journalist Mr Murdoch is no more than a ‘headline’ grab and is representative of the mono-logic lip service journalists have these days to a real story.

This speech was about so much more and there was as much not said as what was said and this is where the mainstream media are completely out of touch with what their job description requires them to do.

Whether it be Editors having ‘control’ issues, or proprietors having political agenda’s journalists are required to report about – the result is that we can no longer trust our media to be both objective and perform to a standard the keeps us informed about the real issues the we should all be concerned about.

What I derived from this speech is summarised hereto … Mr Combet made the following comments as his Introduction -

Page 1 …

Introduction

Thank you for the opportunity to speak at this investment conference.

What do fund managers, bankers, financiers, analysts and investors have to do with climate change?

Everything.

Climate change is a classic example of how we can harness the power of markets, and investment markets in particular, to reduce risks, underwrite economic prosperity and deliver social welfare.

Climate change is the most serious environmental problem the world faces today.

Left unchecked, it will impose significant economic, environmental, social and human costs on future generations.

The scientific advice is clear: to tackle climate change, the world needs to reduce the amount of carbon dioxide and other greenhouse gases we release into the atmosphere.

In turn, this requires the world to invest in cleaner ways of producing the goods and services of modern economies:

  • We need to adopt cleaner sources of energy.
  • We need to use energy more efficiently in our factories, offices and homes.
  •   And we need to commercialise the innovative clean technologies and production processes

that will decouple economic growth from growth in carbon pollution.

The investment community has a large part to play in bringing about these changes.

So does government.

Indeed government policies to tackle climate change will be central to the investment decisions you and your clients make in coming years.

That is why it is important to understand that there are two sharply different policy approaches on offer in Australian politics today for driving the economic transformation needed to tackle climate change.

Under the first approach, the government places a price signal on carbon pollution and allows the choices and investment decisions of individual businesses, investors and consumers – in other words the market – to drive the economic changes needed.

Under the second approach, the government eschews markets, decides which businesses should take which actions to reduce pollution and hands out taxpayer subsidies to finance those actions.

The first approach – according to institutions like the federal Treasury, the Productivity Commission, the OECD and the IMF – is the most efficient and lowest cost way of reducing carbon pollution.

The second approach has been widely criticised as imposing higher costs, delivering less efficient outcomes and offering no certainty that the pollution reductions will even be achieved.

It may seem strange to some, but it is the Labor Party which has implemented the low-cost market-based approach while the Liberal Party wants to scrap this and replace it with the high-cost, anti-market approach of subsidies and central planning.

To help you understand the importance of this policy choice, and its relevance for the investment community, I want to use this speech to do three things.

First, to explain how the Government’s carbon price and wider Clean Energy Future package works.

Second, to outline the central role of investment in tackling climate change.

And finally, to make the case for why investors should support the Government’s pro-market climate change policies and reject the Opposition’s anti-market nostrums.

Perhaps I should state my position before I comment on Mr Combet’s speech and views.

I was a climate change supporter from the mid-90′s and up until the Carbon Tax debate began three years ago. I began to read material from both sides of the debate and when I understood where the concerns of the pro lobby group in the increased CO2 levels in the atmosphere I began to ask more questions and failed to get the answers needed to convince me.

I don’t support the Carbon Tax – I do not think it will in any way reduce carbon emissions in any time frame that this Government and International Climate Change action groups see as a need to prevent further environmental damage.

You see – I can accept that humans have had an impact due to fossil fuel usage and that is as much a population problem as an energy need problem. Yet in all the global debate I have read and searched – nobody is talking about a population ceiling/reduction as a means to contain energy needs of the reduction of carbon emission.

This is where the Carbon Tax proposal lost creditability in my opinion. Creating a new tax as a deterrent to try to induce carbon polluters to switch over to a cleaner energy source has no real function or purpose.  Especially when subsidies are introduced to offset the cost of the carbon tax to smaller polluters and pensioned consumers, and only the largest polluters are levied the new tax.

Yet the passed on cost of the new tax still feeds directly into the consumer energy market in a real way that forces up electricity/energy prices and adds to all essential cost of living expense.

So – when Mr Combet speaks to a room full of Financial Market executives trying to have them embrace a ‘carbon’ market via an emissions trading scheme, I ponder whether Mr Combet and his Government really has put the chicken before the egg …

Further into Mr Combet’s speech he made the following comments:

How the Gillard Government is acting

The scientific advice is that the world faces significant impacts from climate change unless carbon pollution is curtailed.

Governments around the world have agreed to seek to limit the average global temperature rise to less than two degrees Celsius above pre-industrial levels.

The science indicates that stabilising the concentration of greenhouse gases in the atmosphere at 450 parts per million gives a 50/50 chance of not exceeding that temperature goal.
Countries around the world are acting. Ninety countries, accounting for over 80 per cent of global emissions, have committed to reduce or limit emissions by 2020.

And at last year’s climate change conference in Durban, the parties to the UN Framework Convention on Climate Change decided to negotiate a new international agreement – this new agreement will impose binding obligations for emissions reductions from 2020.

Importantly the two biggest emitters, the United States and China, agreed to this mandate.
Australia needs to play its part: as a responsible global citizen; as the world’s 15th largest emitter; and as the highest per-capita emitter of all developed economies.

We also need to play our part because a new global climate change regime is coming.
If we do not prepare for the imposition of binding obligations to cut emissions from 2020 we will face a significant economic shock and potential trade retaliation.

It is in Australia’s economic interests, especially given the importance of our trading relationships in the Asia-Pacific, to deal effectively with this issue.

In fact, it is pivotal to our economic future that we foster investment in clean technologies.

That is why the Gillard Government has designed, legislated and implemented a comprehensive policy package to achieve this transformation: the Clean Energy Future plan.

This plan comprises four key elements:

  • a carbon pricing mechanism that will create the incentive for businesses to cut pollution and invest in cleaner energy sources;
  • strong support for renewable energy including the $10 billion Clean Energy Finance Corporation which will invest in businesses seeking to get innovative clean energy proposals and technologies off the ground – this support, together with the carbon price and the Renewable Energy Target, will drive $20 billion of investment in renewable energy over the next eight years and $100 billion to 2050;
  • measures to encourage energy efficiency in businesses and households, including the $1 billion Clean Technology Investment Programs which is driving investment in energy efficient and low pollution equipment in manufacturing businesses;
  • the Carbon Farming Initiative and other measures to promote the storage of carbon on the land through improved agricultural and land management practices.

These policies will ensure Australia meets its bipartisan target of reducing emissions to at least five per cent below 2000 levels by 2020.

Carbon pricing is at the heart of the Government’s Clean Energy Future package.

A carbon price effectively means the country’s biggest emitters of greenhouse gases must buy a permit for every tonne of pollution they release into the atmosphere.

This creates a powerful financial incentive for businesses to reduce their emissions. Individual businesses will decide the cheapest way to achieve this.

Carbon pricing will also spur investment in clean energy by making it more competitive with coal-fired electricity generation.

The carbon price will initially apply to around 350 of the nation’s biggest polluters – mainly facilities that emit 25,000 tonnes or more of carbon dioxide-equivalent greenhouse gases a year.
With the start of the carbon price, large emitters have a choice: reduce emissions or pay the carbon price.

Where it is cheaper to reduce a tonne of emissions than to buy a carbon permit, businesses will make the reduction.

This not only drives emissions reductions, it ensures they occur at the lowest cost.

For the first three years, the carbon price will be fixed, starting at $23 a tonne in 2012-13.

The three year fixed price period is transitional. It gets Australia on the road to an emissions trading scheme (ETS) where the carbon price is set by the market.

Under the ETS that will start on 1 July 2015, the Government will set a cap on greenhouse gas emissions, and therefore the number of permits that are sold. This cap will be reduced each year, which is how we will meet our emissions reduction targets.

An ETS also enables nations to link their efforts to cut emissions. With linking, a business that is a large emitter in one country can purchase a permit in another, leading to a common carbon price.

The Government has secured agreement to link Australia’s ETS with the European Union Emissions Trading System.

This means that from 1 July 2015 Australia’s carbon price will be the same as the carbon price in 30 other countries – including Great Britain, Germany and France – and the same as applies to 530 million people.

Linking our ETS with Europe is a historically significant outcome. It is a major step in countries joining together in their efforts to tackle climate change.

In time the Government intends linking with emissions trading schemes in New Zealand and throughout the Asia-Pacific region, with Australia’s largest trading partners.

We are now seeing increasing evidence of the development of carbon markets in key trading partners like Korea and China precisely because it is the least cost way to reduce emissions.

I make the point again – there is no discussion or thought in any plan to tackle perceived reasons for the carbon emission problems that hinge on a population ceiling as a means to tackle the problem.

Australia do not have a population problem – in fact we could live for another 4-500 odd years and still struggle to meet the population numbers of the USA and Europe basis our current immigration and birth renewal numbers.

We could feed ourselves and with the island isolation from the Northern Hemisphere polluters – our air becomes contaminated via their pollution as opposed to what we ourselves generate.

To me this whole debate is askew – it does not make sense that a small Nation and small polluter like Australia in gross terms, not per capita terms – that we are out in front of this debate and so much so that we have committed billions in forward spending estimates.  And this done when the PM made a pledge before the 2010 election that there – ‘would be no carbon tax under a parliament I lead.’

This policy has become an anchor weigh around the PM’s neck when she did a deal with the Greens Bob Brown that allowed her to form Government.

When one looks to the Green’s vote – some 11.8% of first preferences at the 2010 election – far less than the informal – @ [5.6%] and no-show’ @ [7.3%] – for a total of  12.9% of voters – why then is the Government allowing the Greens to dictate a policy that is so decisive?   A question that remains for all Australian’s and want to ask is – why is this Government pursuing this new ‘carbon-tax’ in the aggressive way it has?

Any solution to any perceived human induced carbon emissions responsible for climate change cannot be based on Australian pollution emissions.  Yet the debate to solve the global problem does not include a debate on a global population ceiling and a number for a sustainable global population that can be agreed upon.   Why Australia with a population of 23 million out of a global population in excess of 8 billion is in front of this carbon tax revolution to restrict CO2 emissions can only be really explained by those responsible for its introduction.

Wars will be fought over trying to solve a problem like population control in Nations around the world.   One can understand this … but to base any solution to the human influence toward climate change has to embrace this question and resolve the answers.

But the reality is that this Government is looking to the future with no idea, or vision to a future with no understanding as to what the planets sustainable population can or might be.   What if we have already past a sustainable population number?

In addition and as a statement of fact – this Government has no electoral mandate to pursue this Carbon Tax policy.

A chart below exposes the explosion in Global population in the last 100 years demonstrates this theory.

‘… The human population growth of the last century has been truly phenomenal. It required only 40 years after 1950 for the population to double from 2.5 billion to 5 billion. This doubling time is less than the average human lifetime. The world population passed 6 billion just before the end of the 20th century. Present estimates are for the population to reach 8-12 billion before the end of the 21st century. During each lecture hour, more than 10,000 new people enter the world, a rate of ~3 per second! …’

Read more …

Mr Combet has a Unionist background – his opinion on Climate Change and carbon emission damage is relying on the science written by scientist with a vested interest in supporting the Government for their livelihood.   Many independent studies refute the science and as more Government funds are thrown at scientist to write more confirming evidence, the sceptics are on the side of a losing battle because Government’s won’t fund their research to disprove the findings the want to believe in.

The rest of Mr Combet’s speech is related and directed at the Financial Markets and what they can do and how they can play their part in supporting the Government’s policy.  The whole speech can be read using this link.

Society has become this beast that looks upon the world through the eyes of our Media presentations – TV news, TV Current affairs, and Social Media interaction.   It is hardly unbiased or not presented with an agenda in mind.   It’s corrupted and winning the media over is how politics is played these days.

In the recent US Presidential debates – the winner is declared on who had the better posture, and eye contact … volumes have been written and all to fed an insatiable appetite of the public’s demand to have their news delivered in video or 140 character or less …

Te Globe went viral over the speech the PM gave on ‘misogyny’ and directed at the Opposition Leader – yet nobody on the world stage understands that the speech was based on a hypocrisy support for The Speaker who is a serial misogynist text tweeter as court documents released with the content of his text messages revealed.

The World has got it so wrong on this speech – I can agree that is was great theatre and Gillard excelled – but when you become aware that as she was speaking to the House – the Speaker was already making up his mind to resign anyway … and yet the PM continues to stand on her soap-box and accepts the praise with no-mind to correct the misinterpretation attached to her oration.

The PM wants to bathe in the spotlight and take advantage of the media profile in a popularity contest with Mr Abbott – and the media foster her efforts to do so.

This is what is wrong with the world – truth and justice is but a distant memory – it’s all about wining the minds of a senseless population dumbed down to a level where vision is all that is needed to sway opinion.

Sorry Mr Combet – to win my vote and those who support this blog site – you and your Government will have to be more forthcoming …


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The EYE-BALL Guru …

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