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We Have Always Looked To America

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In Australia, we have always looked to America for ideas and inspiration. Indeed, our business community models itself on the US via importing their CEOs and MBAs. The push from the big end of town and the LNP Coalition is, invariably, toward making this nation more like the USA. Former PM Tony Abbott tried to privatise higher education, thankfully, unsuccessfully. The Libs have wanted to kill off Medicare for some 50+ years, again, thankfully, without success. Peter Dutton, the unseated former Liberal leader of the opposition, brought out Donald Trump’s campaign director downunder to assist with the last federal election. This proved not to be a great idea for Peter and the party.Continue Reading

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jsc2017e049161

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In: corruption, democracy, economics, featured, Government, latest post, politics

Donald Trump’s chaotic governing style and tariff heavy economic policies are playing havoc with the stock market in the US. Trump slump costs investors $5 trillion. What’s next? Trumpflation?  Most economists predict that things are only going to get worse for the nation, globally, and for ordinary folk. Those of us with superannuation are already paying the price for those Americans who elected Trump to the presidency via our losses on the stock market. Trump 2.0 and its culture wars are raging through the US. Mass sackings, mass deportations and mass losses on Wall Street.Continue Reading

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Robodebt disgrace: The legacy of the Coalition

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In: corruption, economics, featured, Government, latest post, morality, politics

Some call him Lord of the landlords, others the banker’s friend and share market king but Peter Dutton is hoping to buy his 27th property. Whilst many Australians are doing it tough in the wake of high inflation the Leader of the Opposition is thriving. One of the sneaky things that the party of the rich, the LNP Coalition, do is to never set limitations on things. So, when they introduce new laws like the discount on capital gains tax, back in John Howard’s day, they ensure that it does not matter how many houses you own or how rich you are you still get that 50% discount.Continue Reading