Albo The Zombie Neoliberal PM

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Anthony Albanese and his Labor government have not addressed the housing crisis. Too afraid to offend anyone; they are hoping to shift the neoliberal economic levers to relieve the situation. Hoping to increase housing stock and have supply reduce the high price of demand. This is not working, however, as there are too many roadblocks in the way in Australia. Not enough tradies to build the needed homes and recalcitrant councils holding up planning and building approvals are just some of the intransigent problems. How many years are poor renters going to have to suffer exorbitant rents on homes? Meanwhile, the price of residential property in Australian cities continues to surge. Albo the zombie neoliberal PM.Continue Reading

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Why Are We Getting Poorer?

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Why is everything so expensive now? What price life? Why are we getting poorer? First and foremost, the entire economy is set up to greatly favour owners over all other parts. Investors are owners, of course, and the company executives operate on their behalf. Shareholders are king and everyone else runs a poor second. Thus, profitability is always the prime consideration and profits have to constantly increase to satisfy the shareholders. Plus, executives manipulate the stock price through buybacks to enrich themselves wildly. This is where we get all the billionaires from. Elon Musk is a prominent illustration of this, the richest man in the world.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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AI Will Decimate Income Tax Revenue Downunder

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None other than James Packer, son of the great anti-tax champion billionaire Kerry Packer, is warning that AI will decimate tax revenue downunder. Why? It is because Australia depends upon the income tax from workers for the lion’s share of its tax revenue. AI has already started shedding jobs in middle management and the numbers are going to ramp up substantially very soon. The loss of hundreds of thousands of jobs to machines will impact the bottom line severely. Especially, as multinational corporations and rich people avoid paying tax in Australia.Continue Reading

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Australian Media Directed By News Corp

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The Australian media is directed by News Corp and its pro-American perspective. The assumption promulgated by the Murdoch press is that China is bad and the US is good. That the evil communists are threatening the world whilst America stands for all that is right. Of course, with Donald Trump in the White House this rationale is absurd. Unless you have been living in isolation for the last year you would know that Uncle Sam is on the nose in 2025. Trump has attacked, economically and verbally, America’s long standing allies. He has threatened Canada and Greenland with the spectre of some sort of invasion. Trump has seemingly backed Putin and the Russians in their illegal invasion of Ukraine. Meanwhile, China has been the bastion of peaceful stability in contrast with the turmoils of Trump’s United States.Continue Reading

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tax the rich

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In Australia they are talking about raising the flat consumption tax called the GST. Increasing the GST hurts the working poor more. After 4 years of a cost of living crisis due to high inflation, exacerbated by price gouging by big corporates, and the Reserve Bank steeply raising interest rates the experts think that the poor folk need another kicking. Who do you think copped it in the neck the most over this period? And prices on essentials have not come down, they are merely not rising by so much. Does the federal government really think that those hurting the most financially deserve another price hike on everything?Continue Reading

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Big American Corporations Not Paying Their Fair Share Of Tax

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We now know why the Big Tech oligarchs switched their allegiance to Donald Trump. It was all about the international effort to end Big American corporations not paying their fair share of tax in the countries they do business. Former US President Joe Biden had backed this initiative, as had Australia and Europe. Trump took the money from Google, Facebook, Amazon, Elon Musk and other tech giants backing his campaign and in return has bullied those nations who were attempting to get these corporations to pay their fair share of tax on the billions they generate around the world. The selfishness of these Americans knows no bounds.Continue Reading

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National Space Council Meeting (NHQ201806180002)

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This land of billionaires and oligarchs who boast of enormous fortunes but still pay little tax. Where the rich grow richer and under Donald Trump slash any semblance of the welfare state. A nation where members of Congress stay in power well into extreme old age. Are Americans the most selfish folk on earth? The idea of community seems an alien concept and maybe they confuse it with communism? They idolise the wealthy and the largely fraudulent narrative of the self-made man. A nation of immigrants who now attack the most recent waves of immigrants, as bad people deserving of detainment deportation.Continue Reading

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Australia Remember What 10 Years of The Coalition Brought Us

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Have you ever asked yourself, as an Australian, why our leaders make such bad deals on our behalf? Why don’t the gas companies mining our gas pay taxes and royalties equivalent to the billions they make from selling our national resource? Is it corruption or the result of their inadequacy? The little men leading Australia: Astray. The contract details around AUKUS only reinforce this woeful deal making by our politicians and bureaucrats when dealing with international representatives. Is it the result of long standing national low self-esteem, gullibility, corrupt practices or a combination of all of these elements? Whatever it is, they are seriously underselling Australia and letting us all down at the big table where these things are negotiated.Continue Reading

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National Space Council Meeting (NHQ201806180002)

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The Republican Party in the United States has led the way when it comes to drastically lowering the tax rates on the richest Americans. It has come down from some 90% after WW2 to be around the 30 to 40% rate in the current era. Thus, the National Debt of $36 trillion has to be directly impacted by falling tax revenues over decades contributing to the need to borrow to fund government. 36 trillion reasons to despise the GOP and its fundamental role in the economic debt crisis of the US. How can any American justify this huge decrease in taxing the rich at the expense of the country? Republicans have simultaneously been in the vanguard of consistently increasing defence spending over these same decades.Continue Reading