Australian Politics: Someone shine a light, please!

Apr 30, 2013

Current public perception of the Australian political landscape has encouraged all kinds of people to stand for high office, without this public retribution of the two sided same same approach to political endeavour this would hardly be necessary.

The two major party system in Australia just suffered a public perception blowout supporting a prime minister with a knife in one hand and a cheque book in the other supplied by the International Monitory Fund. We can blame the front bench of the party in power or the independents that thought it was a good idea at the time, makes no difference it all happened. Pinocchio himself couldn’t bullshit himself out of this one. To blame any individual for the current woes of the country are wide of the mark, things are systemic; one needs to remove the blinkers.

The floating dollar is to high, interest rates much higher than competing trade countries, lack of protectionist policy or import tariffs and presto, many end up without work, our food processing, manufacturing and value adding industries have one by one folded. Paul Samuelson the father of economics and free trade was right, his theory does not work in practice as admitted by Samuelson himself in 2004 at the age of 90 plus.

The politicians sell out to privatisation, pander to the financial elite by making them lots of money, public money. How dare they come up with any kind of vision for Australia, a sovereign bank, fixed dollar, guarantee bonds, tariffs, the IMF would be furious. Go into competition against a world banking body immune from prosecution and without burden of tax, how dare they even suggest competition of equal footing. Start an advertising campaign immediately to convince Australians they will be crushed by such vision, good god they get to own their own homes and be free of debt, preposterous.

The banking business makes money out of debt, not savings. If you owe the bank a thousand dollars you have a problem, but if you owe them a hundred million they have a problem, especially if you cant pay them back. If you have a hundred million banked with them they think you are a very nice person but as of Global Financial Crisis, even the richest go down with the ship, the Bismarck was not unsinkable.

Politics has done nothing in Australia to even the financial playing field, stop indiscriminate spending of our, our children’s, and our children’s children taxes as not one cent of current GDP goes towards running the country, it just pays interest on debt, they continue to borrow to run the country.

All kinds are weighing into the debate, the debate seems to be centred around the handling of money and the quality of people required to organise this.

I don’t know about you but I have some burning questions. If all the right people have been elected to govern what the hell are we doing in this mess? We have heard this every election, wonderful people getting into govern, political scientists, pardon me for saying but they are absolutely full of rotting excrement and it stinks.

We have seen interest rates of 17%, we just had to have them apparently, so Australians all over the country could resort to suicide. We have deals made with the IMF we have no idea of the consequences just to make politicians look good. Currently they are looking pretty crook; they have lost control of a system that even the creator Samuelson himself has condemned.

No wonder there is so much disillusionment for those whom claim to have the answers, they don’t, get rid of them. No wonder Australians are open to new vision and ideas, the humble battling family with thirty years of micro money management under their belt, fresh from the coalface. Billionaires with vision of value adding their business line why else would they enter politics, the outback Australian from rural dusty roads, the inner city suburbanite paying off a two bedroom apartment costing $600,000. The light at the end of the tunnel has been extinguished, politics, death by disillusionment, someone shine a light so Australians can at least see the way.

Brian Cain.

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