The Pickering Post
Thursday, 15th November 2018

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ONE SMALL SURPLUS DOES NOT A LARGE DEBT SOLVE

Larry Pickering

Four-time Walkley Award winning political commentator and Churchill Fellow, has returned to the fray over concern that the integrity of news dissemination is continually being threatened by a partisan media.

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A five maybe six billion dollar budget surplus makes a very small hole in a five or six hundred billion dollar debt. And who’s to say any government will use such a small projected surplus to pay down the deficit? Certainly not Labor.

That’s if Labor stays true to its principal of outrageous spending and leaving the shit for the next government to clean up. 

Remember Treasure Swan? His daily promises of a return to surplus were never met. Those promises were a feeble attempt to falsely project Labor as economically responsible when an election was due.

So if the media believe Labor in government will continue the responsible, yet tortuous, journey to debt reduction, then they will also believe that Donald Trump is a closet pillow biter…along with Special Counsel Mueller... if he decides on yet another avenue of investigation to nail him on.

With a jump in resource prices and increasing tax receipts from bracket creep, Shorten is teetering on the edge of ejaculation at the prospect of another Rudd/Gillard/Rudd-style spendathon. 

His excitement is elevated with what he had learnt from Gillard when she ignored the four-year forward estimates and set the highly-unionised Health and Education commitments into 10 and 12 years ahead for an inevitable incoming government to worry about.

A Shorten government is not inevitable, but a couple of things must happen to prevent it:

1. Dump the Paris Accord in unison with Trump… it is a giant global warming, income-redistributing, socialist, hoax.

2. Prepare to supply the world with our coal to fire up the power stations that are coming on line in India and China at the rate of one a week. It’s a market we cannot afford to leave to the dirty coal supplies from South America, especially if some fools still believe the globe is warming.

3. Start building new, and renewing old, coal power stations here and can the damaging renewable subsidies.

4. Begin on the construction of nuclear power stations.

5. Halt migration and allow our infrastructure to catch up with demand.

6. Shit, that’s more than a couple of things already… but it’s a good start!

Make what you will of tonight’s budget, but words alone will not mend a broken economy. And everything must be done to dodge further damage from Shorten and his unions.

I think I’ll read the bullet points tomorrow. There will be an extra pile of bullshit in Canberra tonight, because an election is close, closer than they think, and I’ve heard and watched it all before, for each of 60 odd years.

                              So I’ll let you know how The Deadliest Catch goes.  



Comments

State govt. debt levels also significant, eg, Qld. reportedly around 70 billion.

New post up.

The Law of Return
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In 1950, Israel’s Knesset passed a remarkable law, beginning with a few simple words that defined Israel’s central purpose: “Every Jew has the right to immigrate to this country...”
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With the inception of the State of Israel, two thousand years of wandering were officially over. Since then, Jews have been entitled to simply show up and request to be Israeli citizens, assuming they posed no imminent danger to public health, state security, or the Jewish people as a whole. Essentially, all Jews everywhere are Israeli citizens by right.
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In 1955, the law was amended slightly to specify that dangerous criminals could also be denied that right.
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In 1970, Israel took another historic step by granting automatic citizenship not only to Jews, but also to their non-Jewish children, grandchildren, and spouses, and to the non-Jewish spouses of their children and grandchildren. This addition not only ensured that families would not be broken apart, but also promised a safe haven in Israel for non-Jews subject to persecution because of their Jewish roots.
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Read on
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http://www.jewishagency.org/first-steps/program/5131
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Malcolm Turnbull
Josh Frydenburg
Julian Leeser
Michael Freelander
Stirling Griff
Mark Dreyfus
Michael Danby
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…………….“While Israelis may hold dual citizenship, a Basic Law passed in 1958 states that Knesset members cannot pledge allegiance as parliamentarians unless their foreign citizenship has been revoked under the laws of that country,” the article states.
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Another Israeli politician, who was elected at the same time as Svetlova is Rachel Azaria, who was also forced to renounce her foreign citizenship–in the US! Again from the Times of Israel:
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Azaria, a 38-year-old Jerusalem deputy mayor, renounced her American citizenship, which she had held by virtue of her mother having been born in the US.
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It is astounding, is it not? Israel gets billions of dollars per year courtesy of US taxpayers–but anyone holding US citizenship is barred from serving in the Knesset! But we are not allowed to have a similar law here in the US banning Israeli citizens from serving in Congress!
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And not only do we not have a similar in the US, but apparently Freedom of Information Act requests aimed at finding out which Congress members do in fact hold dual citizenship–are denied. The following is a 2015 article that was published at Counterpunch.
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Read on -
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https://uprootedpalestinians.wordpress.com/2017/12/11/do-you-hold-dual-citizenship-you-can-serve-in-congress-but-not-the-israeli-knesset/

Bill Shorten is going to speak in the House at 1.30 about the citizenship matter. Is he going to apologise for saying Labor had the strictest vetting process and all Labor MPs were elected legally. Hmmm?

"Katy Gallagher is a woman of great integrity who always acted in accordance with the advice given to her … and always acted in good faith," Senator Wong said

So she was a Yes woman and a "team player". In other words someone who just did what they were told. Just what the country needs

Ozzies are superior to a lot of the third world poorly educated out there. We also have our own culture that should not be diluted by the mindsets of British, French, or other euros. And there is the issue of loyalty. If someone holds DC they know they can just rack off if the going gets tough. Nope, can't agree with you DK, you seem like a traitor to me. We need an RC into DC.

That Michelle Guthrie from the GayBC is getting uglier by the day. Starting to morph into a buffalo. Fugly as.

New Treasury Department numbers show that the US government racked up a $215 billion deficit in February -- the largest monthly deficit in six years.

It was also $23 billion higher than the deficit for the same month last year.

Deficits are a measure of the gulf between what the government spends and what it collects in revenue.

"Hero" spelt "THUG"

CFMMEU union officials John Setka and Shaun Reardon have been praised as heroes by more than 75,000 trade union members in a protest rally stopping outside the Victorian Magistrates Court where the men are facing blackmail charges.

As the two men face the second day of a committal hearing into charges they blackmailed two executives from Boral, a workers rights protest diverted its course, so unionists could state their support for the two officials.

The “Change the Rules” protest brought large chunks of Melbourne’s CBD to a standstill, by workers calling for better job security and agitating against proposals to put caveats on who they can elect as union officials.

The protest started at Trades Hall on the northern border of the city headed for Federation Square, and changed its usual course to march past the Magistrates Court where Mr Setka and Mr Reardon are fighting their charges.

It's not about intellectual superiority, it's about loyalty.

All claiming they had done the right thing and it's the Brits fault.

Josh Wilson and Susan Lamb will announce their resignations in the next few minutes.

Keayes announcing her resignation in the House of Reps and will seek re-election at the bi-election now her British citizenship has been relinquished.

Imitation is the most sincere form of flattery :-))

Melania Trump has been accused of plagiarism again after reporters noticed striking similarities between her recently announced Be Best initiative and Obama-era documents.
The first lady launched the children's wellbeing campaign on Monday (local time) to encourage adults to help teach children to be good citizens.

Several news outlets reported that text and graphics in the material she distributed was similar to information handed out during the Obama administration.

Soon after Ms Trump launched Be Best, NBC News' Michael Capetta posted a 2016 clip of Michelle Obama speaking with Oprah Winfrey, on the topic of encouraging men to "be better".

Sharkie to resign but will seek re-election at the bi-election as she has by now relinquished her British citizenship..

Sharkie resigns today.

Will little fat rocket-man trust big fat rocket-man
Not after his dishonored agreements
It called unacceptable sovereign risk.

The dole will be cut off for anyone linked to terrorism.

An election will occur this year. Turnbull does not want to refer any more dual citizens to the High Court, saying they should just resign.

I wonder how their ABC will report this?

Victoria will receive an icy blast of wet and windy weather over the next two days with Melbourne on track to record its coldest May days in 40 years.

Bringing an end to the mild autumn, a cold front will sweep into Melbourne tonight, bringing rain, low temperatures and high winds on Friday.

“During Thursday very cold air moves across Victoria. We will see a low of 8 degrees, a top of only 13 degrees,” Bureau of Meteorology senior forecaster Michael Efron said.

Sydney is expected to drop about 9 degrees on Friday, to a maximum temperature of 15C, after enjoying its own burst of warm, sunny autumn weather.

On Friday a low pressure system will deepen to the east of Victoria, bring more rain, high winds and a further 10mm to 25mm of rain across Melbourne. The temperature will again reach only 13 degrees.

“On Friday, we’re likely to see strong southerly winds affecting the Melbourne region and certainly the potential for gusts getting into above 70km/h to 80km/h,” Mr Efron said.

The Fairfax-owned forecasting company Weatherzone said two days of 13 degree temperatures would be the City’s coldest pair of days since 1978.

Mr Efron said snow would fall in areas above 800 metres.

“We are getting the air coming from a long way south. We do get extremely cold air coming from the polar regions.”

By Saturday the low will move to the east and the showers and winds ease.

Mr Efron urged people to take care in the high winds on Friday.

Considering the Govt debt, both Liebor and Liebor lite have fck all to be proud of. The biggest pissoff of the lot is that the fools believe they are magnificent managers of the countries economy. The truth is - the whole lot of them are criminals because what they have achieved was done intentionally. Can we have a "vote of NO confidence" in ALL of them ?