SHOULD WE TALK NOW MALCOLM?
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.
Pauline’s choice of Peter Slipper’s little wet oyster mate as adviser has ensured One Nation’s dismal loss and that the LNP is not able to join in government with them. In the process One Nation has handed banana benders another term of two hard-to-like Labor females going absolutely nowhere except backwards.
The redhead's and the dickhead's idea of not preferencing sitting members was outright stupidity and when they realised just how stupid it was, it was too late, the how-to-vote cards had already been printed… so they spent the latter part of the campaign in reverse, imploring voters to vote for and preference whomever they wished. And for the greater part, they did, ignoring jerks like Ashby.
But the entire One Nation disaster has given us exactly what we, the electorate, didn’t want.
James Ashby is not qualified at anything other than playing smelly footsies with the atrocious Peter Slipper. Flying in anything with him is a case of possible Labor assisted death.
To stop Shorten getting the keys to The Lodge is a matter of the Libs returning to their conservative base, that is the only place where the Party’s grass roots support rests, waiting, waiting.
The media’s toying with the Stick Insect is wishful thinking and she would take the Party to darker places than Turnbull ever could. She is a carefully blended concoction of Whitlam and Gillard with a dash of the despicable Shorten.
Morrison seems no more than a religious weather vane.
The Lib faithful need to stop thinking vengeance and forget about Abbott, … it would be great to see him back, but it would be impractical and retrogressive. As I and most Liberals have always said, "Abbott is not foreman material".
There are another reported four (I have heard six) Labor dual citizens yet to come which, along with the others, will render the Parliament invalid and unable to pass legislation legally, if it does, it risks challenges to the High Court, including the dishonest same sex marriage Bill.
Turnbull’s tax plan is a thinly veiled diversion from Shorten’s attempts at opportunism over likely numbers on the floor. And Shorten’s debt and deficit wailings ring hollow. He even gets that wrong because it would be irresponsible for any nation not to borrow heavily during periods of near negative interest rates.
Labor always raids the coffers and then borrows heavily regardless of interest rates.
Look at it this way, there is a room with 100 people in it and each person owes another person $100. Big deal! Go buy another beer because borrowings will eventually get sorted.
We are currently nowhere near ten per cent of the US debt, which is at $22 trillion, and no-one is too concerned about the US economy.
Here’s the reason why: When interest rates rise (as they must) then inflation will be needed to keep pace with the rise. Currently we have no inflation, so no growth and no rise in interest rates.
Now the best way to increase needed inflation is to print more currency. And if you take into account the massive middle income economy and millions of small businesses in the US, it won’t be a problem there, and eventually it won’t be a problem here because Shorten and Turnbull had a private agreement not to mention debt and deficit (because both were responsible for it) and that it would all be okay by 2021.
They agreed it would be okay on the basis that growth would reach 5% per year between then and 2021. Of course 5% is sheer fantasy as the US, which is flying economically at the moment with a 25% increase on the Stock Exchange in the past year alone is aspiring to only 4% next year. And 4% is second only to China!
It’s slightly more serious for Australia as our interest rates are still relatively positive and therefore we have not attracted the borrowings we could have, but still we are currently owed around $65 billion in bonds that mature at different times.
Our main problem is when, due to higher rates, house values decrease due to diminishing demand. Then the stinking banks will demand an unaffordable higher equity from the borrower with the threat of foreclosing. And so the roller coaster will continue without a law that outlaws deficit spending.
We don’t need another bank inquiry, we already know exactly what banks get up to… and we the taxpayers are forced to underwrite the bastards when they get into trouble.
The debt and deficit argument is mainly a broken political toy that Labor leaves the Coalition to fix. It promises hundreds of billions to health and education (health and education are the most highly unionised sectors which get to run the budgets) in the out years and way beyond forward estimates and then bitch that the Coalition is not keeping THEIR unachievable promises.
If the Libs can install a decent leader then they will have to smarten up. They need the equivalent of a George Soros-financed GetUp subsidiary to robot call hundreds of thousands of voters in marginal seats asking if the Labor Party Paedophile Club can borrow their kids for the weekend. (That’s the equivalent of what GetUp does to the Libs now.) The Libs need to get down and dirty like their opponents or suffer a low life like Shorten for a few terms.
Apologies I digressed there.
Turnbull’s Party room is now fracturing and a challenge appears certain the moment that Keneally wins Bennelong. An effective, albeit untried, conservative leader, would be Peter Dutton, but there are better candidates who need drafting.
The Stick Insect, who could do with a decent feed, was a treacherous prime mover of that coup, and the media is seriously suggesting that she should be Turnbull's replacement. But that's our media for you!
The fact is that Turnbull has brought our Government and our Parliament to its knees in a coup that has been an utter Aussie disaster for the history books, yet he still doesn’t think he needs to go.
But isn’t that the same with all vain tyrants... even Zimbabwean ones?
This weekend One Nation and its grubby Ashby have shattered the hopes of all decent Aussies,
…temporarily I hope.