Time is running out, Malcolm
Malcolm Turnbull just doesn’t get it. Or, perhaps he does, and he is hoping against the odds that the situation will improve by the time he finds himself forced to call an early election.
The problem is wages growth, or more particularly, the lack of it. He has been trumpeting the success of his government’s ‘jobs and growth’ platform now for months, citing the creation of 377,000 jobs in 2017 as evidence of that success.
Read more at: The Australian Independent Media Network
A Politician’s Guide to telling the truth about taxation
Following an interview with an unusually frank and forthright politician, a journalist was struggling to absorb the reality that taxes don’t fund government spending. He was, however, still conscious enough to ask the next obvious question: if taxes don’t fund spending, why do governments tax?
The next day, while still trying to grasp how sovereign monetary governments pay for things, he returned to continue the interview. While it was questionable as to whether he was mentally ready to learn the truth about why governments tax people, he did have a deadline to meet.
read more at: The Australian Independent Media Network
A Politician’s guide to the question, “How are you going to pay for it?”
If there’s one question a politician fears being asked, it is this one. After announcing a decision to undertake a bold new and expensive development project, the question always arises, “How are you going to pay for it?”
It shouldn’t be a horror moment for politicians, but it is, and the reason is simple. They are afraid to be caught out. Such is the millstone they have tied themselves to, over the years, trying to discredit their opposition, or portray themselves as fiscally responsible. In the process, they have shot themselves in the foot because they don’t understand how sovereign money works.
Read more at: The Australian Independent media Network
House of Cards
A quite lengthy article published back in November last year by Matt Barrie and Craig Tindale on Medium.com entitled, “Australia’s economy is a House of Cards”, gives us a comprehensive view of where the Australian economy is at present.
What is revealed should shake Malcolm Turnbull and Scott Morrison out of their overly optimistic complacency, but as unlikely as that is, the report warns of what is to come. It is a long and highly detailed read, so for those who are time-poor, here is an overview…
Read more at: The Australian Independent Media Network
Why an Election in 2018 is more than likely
Notwithstanding the issue of foreign citizenship facing both the Liberal and Labor parties, which could trigger an election in 2018, there is another more pressing issue looming for Malcolm Turnbull, one that he created all on his own.
It concerns the senate, the Constitution and the double dissolution Turnbull called in 2016. It may well be that 2018 turns out to be a federal election year, by necessity.
Read more at: The Australian Independent Media Network
How MYEFO masks Deception and Ignorance
A terrible deception has been perpetrated on the Australian people. We have been led to believe that we borrow our own currency from foreign nations, that the money gathered from borrowing and collected from taxing, funds spending.
It’s simply not true. And why is it important for us to know this? Because, empowered with this knowledge we can change the way our country is run. We can call out our politicians for their deception, their ignorance and force them to address the issues that are most important to us.
Read more at: The Australian Independent Media Network
Hats off to Queensland
On Saturday night, we witnessed another spectacular crash by One Nation Party in the Queensland state election, following their less than inspiring performance in the WA state election earlier this year.
It seems the more attention the media give them, the worse they do.
During the lead up to both these elections, the mainstream media salivated over the possibility that ON could hold the balance of power, casting them as kingmakers, placing the fear of a missed opportunity clearly in the sights of the major conservative parties.
Read more at: The Australian Independent Media Network
Time for the G-G to step in.
Yesterday we heard Greens Senator, Richard Di Natale say the magic words…that he was prepared to ask the Governor General to dissolve the parliament and settle the citizenship fiasco with a new election.
For those of us who remember, only too well, the 1975 dismissal of the Labor government under Gough Whitlam, this must surely be a watershed moment.
Read more at: The Australian Independent Network
Why can’t the nation own the NBN?
The NBN rollout has now been exposed for the debacle that it is. The ABC’s Four Corners program on Monday night saw to that. It is all about money, federal government, currency-issuing money and the miserly, mean-spirited approach to cutting edge technology by the Coalition.
We were told by the experts that the state-of-the-art infrastructure build that would take us into the 21st century was unaffordable in its original form. Minister for Communications, Mitch Fifield said it would be “fit for purpose”, a code for “not great, but good enough,” if ever there was one.
Read more at: The Australian Independent Media Network
When Bullshit Baffles Brains
Those of us who regard truth as a fundamental democratic value and who have now realised that truth no longer plays a part in our parliament, or our media, know that our democracy has been usurped by plutocracy.
The rest of the population has, through blind ignorance, been reduced to a second-tier living standard and they don’t even know it.
Read more at: The Australian Independent Media Network
John Kelly