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IMPORTANT // Please look after your loved ones, yourself and be kind to others. If you are feeling that the world is too hard to handle there is always help - I implore you not to hesitate in contacting one of these wonderful organisations Lifeline and Beyond Blue ... and I'm sure reaching out to our PRE community we will find a way to help. T.
Talking Politics
- Thread starter Legends of 2017
- Start date
The whole Honours system is a gigantic scam. There are some worthy recipients but in reality the process is hijacked by special interest groups especially the Law Council and the various medical colleges. They have teams of people ensuring members are nominated and get gongs for doing little else than what they are paid to do every day.Gina Rinehart OAM.
It's a reward for all the millions of dollars Gina has tipped into the Liberal and National Parties.Gina Rinehart OAM.
Barnaby thinks being in government is for looking after your mates. So does his mate Gina. - The AIM Network
When Barnaby Joyce regained the leadership of the Nationals in June last year, no-one could have been happier than his dear friend and supporter, Gina Rinehart. She immediately offered to host a party for him. Those VIPs lucky enough to secure an invitation to spend an evening with Barnaby and...
What will anyone do about Dictator Dan being on holiday for 4 or 5 weeks whilst we were setting case number records with Covid?
If they're not happy about him taking a 3 week holiday, they can vote him out.
Dan Andrews FINALLY resurfaces after massive 24-day holiday
Mr Andrews deferred questions to Australian Immigration Minister Alex Hawke, who still has the power to deport Djokovic despite a federal court quashing the government's decision to cancel his visa.
I'm no Morrison fan. I've stated that here a few times. In my mind he is no leader and tries to present the "small target" rather than make hard decisions, however if we end up Anthony Albanese, the flip flop left wing clown we are truely f&*cked.
We are heading into one of the biggest crashes most of us will have seen in our adult life, and we're looking ast the prospect of probably the weakest leader in this country getting us through it!
At a guess western economies will be crashing before the Federal Election. This will put the focus back on economics of which Labor is historically disasterous at.
The question realy is how long the US Federal REserve takes to start lifting interest rates. They are saying mid 2022 but i can't see them waiting that long. Inflation over there is accelerating at an alarming rate. Officially it's 7% but if you use the old measure it's closer to 15%. Most meats ove there are up 20 to 50%. Fuel is astronomical as is housing. Couple that with record levels of debt throughout the western world's middle class, we are seriously in for it.
The dips in the SP500 stopped being bought in the last few weeks. The lst 2 days were barely green but that means nothing. The warning signs for me are the dips not getting bought and the late sell offs on the NYSE through last week. That sort of activity has the finger prints of the large institutions all over it.
The lefties on here make me laugh. They think they are against the 'establishment' when in fact, they are the useful idiots for the establishment. The whole monetary system throughout the western world is the biggest con in economic history. They have been down playing inflation for over a decade now, changing the way they measure it. Real inflation has been runnign at around 5 to 7% using the old measure. They don't want you to know that because they are supposed to lift interest rates with anything over 2%, so they moved the goal possts. This allows them to have free money for ther institutions to play the market with. The market is now flooded with this free money, but now the inevitable has happened.
Inflation is going totally out of control whilst middle class westerners are carrying record levels of debt.
Their answer has always been "quantative easing" ie printing money, but now they can't or they'll crash the economy into a banana republic with their currency trashed. They only have one lever to pull, and that's lifting interest reates, which coupled with the higher cost of living will crush the middle class.
It's the same across Europe and here.
These billionaire lefty pricks have played us all whats about to happen you can thank them for. All the rich bankers will still be rich while you struggle to pay your mortgage, yet it's their actions and decisions that park us all in the *smile*.
And you guys all love Big Government!
WHY?
I assume you mean Morrison? though I am not sure you could put him in the "leader" category.
Evidence?
He's just had 3 or 4 months off on full pay for going arse up on the stairs playing around at some holiday home.
Not much chance private sector employees would get a zack if it happened to them.
He also worked over 120 days straight during the lockdown, not much chance ANYONE in the private sector would do that, including the Owners/bosses etc.
we literally have the worst PM in living memory right now. Albanese would be much better, but the two party system of representative democracy we have now is pissweak, agreed. Of course we've had what, a decade of LNP leadership and yet you still want to blame the ALP. Ok dude.
A myth that has been frequently debunked in this thread. And here we are, under a liberal government that's in its second term but it's all the left's fault. Somehow.
Is your share portfolio under threat? Such a boomer problem to have. But yes, it's the fault of the "lefty" institutions I guess.
And how is neo-liberal economics the fault of the left?
I mean, billionaires have historically got rich on the largesse of subsidies and regulation/deregulation of governments, in Australia particularly so - look at Clive Palmer for example. This is corrupt. It's not really socialism and the phrase "billionaire lefty pricks" makes me cackle insanely.
The global form of capitalism with its attendant exploitation of workers, the environment, its rampant corruption, its cosy deals between business/government and militaries sucks.
However blaming this on lefties is outrageously insane.
Don’t agree with everything Frick wrote but we are definitely heading for a large correction. Inflation going up, rates gonna rise and a lot of people are going to be struggling to afford their current lifestyle.
Well that was a good laugh.
Just who are these "lefties" who have been running quantitative easing? Hmm, that would have been Trump, Morrison, Boris et al - raving lefties all. Plus, who exactly are they propping up? The workers who haven't seen real wages rise for decades in the USA, or years in just about every other country? No, they are propping up and bailing out the stock exchange and the rich.
Plus, what is this mysterious measure of inflation, apparently the "old measure" you talk of? The CPI has been measured the same way for decades.
Labor worse at economic management? Yeah, it was Labor in power when the mess that was the GFC happened, and we had no recession in Australia, can't say the same for the current government and the COVID pandemic. Laughable that people still believe this unsubstantiated BS that Labor are somehow terrible economic managers. But I suppose some are gullible enough to believe it.
Let's face it, governments don't control the economy, the rich, powerful, capital-owning elites do. It was the rich and powerful elites who caused the GFC and who constantly wanted to sacrifice peoples' lives and open up the economy rather than take sensible public health measures to control the pandemic. It is the rich and powerful elites who constantly have their hand out for subsidies whenever they hit a snag and governments who have to pay them to do things like develop a COVID vaccine.
DS
