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The Productivity Narrative Is A Scam

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In: economics, featured, Government, latest post, politics, power

Have you ever thought that you might be being played like a guitar or a puppet on a string? Australia has been on an economic hold for the past few years in response to the high inflation post pandemic. The Reserve Bank of Australia (RBA) steeply raised interest rates to dampen the economy and repeatedly told the community to pull its head in. Understandably, like good citizens we obeyed and economic  growth became sluggish and non-existent. Now, things are better, apparently, with inflation back in their band of acceptability at 2-3%. So, growth is back on the agenda and the conversation turns to productivity and the national figures. The productivity narrative is a scam.Continue Reading

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Four Corners Exposes $50 Billion ATO Losses

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ABC investigative reporters at work, as Four Corners exposes $50 billion ATO losses. The old joke about feeling like a mushroom, kept in the dark and fed on shit, comes to mind when considering what really goes in the halls of power. Macro corruption is the term used to describe the situation in Australia, where the amounts are very large when dirty deeds are done downunder. Scamming millions of dollars from the tax office via bogus GST claims would be an unlikely occurrence one would think. I mean, the ATO is a pillar of our whole national edifice, so it must be bristling with top line security, right? Wrong, it is a $50 billion black hole bad joke on that score.Continue Reading

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the politics of energy in Australia

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In: featured, Government, latest post, politics

What you have to understand about the current energy debate happening are the politics of energy in Australia. Renewables offer a largely free energy source from the sun and wind with battery storage to cover when the sun goes down overnight. We are in the midst of this transition with renewables powering around 40% of Australia’s electricity supply. This is growing as we speak.

“Key statistics from the Clean Energy Australia 2024 report:Continue Reading

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America Matters book cover Robert Sudha Hamilton

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In: consciousness, latest post, truth

Historians have to be interested in truth. The facts matter to those endeavouring to decipher things that have happened. Historians, then, tell us stories about the things that occurred and what were the motivating forces likely to have inspired them. It is an inexact science, as much of life and the accounts of its people often are. Historians might scour the media for the reporting and op-eds, which appeared at the time, to shed light on the matters being examined. If the time frame is fairly recent, they may well interview first hand sources – those who witnessed directly the events in question. Primary sources are the gold for any historical account worth its weight and wishing to be counted as factual.Continue Reading

banknotes with a portrait of a lady printed

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In: economics, featured, latest post, morality

Australian banks do not even have enough staff employed in their scam crisis emergency departments to take your call in a timely manner. Calling the Commonwealth Bank you can be on hold waiting to talk with someone about your disappearing money until it is too late. Scamming and Australian banks: The real story. The Big 4 Banks, ANZ, CBA, NAB, and Westpac won’t take responsibility for securing your money from scammers, despite the fact that they are supposed to be banks, first and foremost. In the old days, banks locked up your money and that is why you deposited your hard earned money there in the first place. Not today, banks are all about convenience and not security. They don’t offer any interest on your savings so what is the point of them. They skim off the top of every transaction, so, when your hard earned money is scammed from you, they don’t care, as they make money on the transaction anyway.Continue Reading