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Cybergate9.Net

Online ramblings, current & historic, by just another human bean

Politics matter

Unscrambling omlettes..

ShaunO

1-Minute Read

Politics do matter. And at an individual level if people watch stupid things, read stupid things, and believe in stupid things - guess what? they then actually vote for stupid things..

The UK situation in 2016 beggared belief - and I’d spent the best part of the previous 15 years in the UK by then. Then the pre actual brexit period 2016-2020 seemed like black comedy, and this last year, well what can you say, I guess predictably, it’s become a farce.

Sadly, however, this is not theatre.

This is people lives, real lives - not the lives of Boris Johnson or Nigel Farrage, who already had enough money even if they didn’t work another day in their life.. Real people with real families who need real jobs to earn real money so they can put food on the table and keep a roof over their head.

As William Keegan observes - “An economic omelette is being ruinously unscrambled”.

It’s now damned difficult to see how, having cracked the brexit-eggs, much can be done in the way of re-creating whole eggs and putting them back in the carton again..

Buggered if I know ๐Ÿ˜›

A story about inflation

and here it comes..

ShaunO

1-Minute Read

There’s no science to inflation, but you’re going to hear more about it (inflation) in the coming times (years probably).

If it interests you, try to ‘arm yourself’ with access to real analysis by reliable and interesting authors - this article by John Authers fits into that category in my opinion. The ‘vox-pop’ is always so short sighted as to be pretty much useless, and mostly cannot count as any sort of ‘analysis’ at all really.

My own take is, after a couple of decades of being interested in economics and politics, that crises (almost of any sort) seem to be inflationary. A key period I have in mind is the UK after the 2008 ‘GFC’ when UK inflation ran ahead of earnings by about 15% over 3-4 years by my reckoning (this chart seems to bear out my hunch).

Mind you, do remember that being interested in inflation is a ‘spectator sport’ because there is absolutely bugger all you can do about it ๐Ÿ™‚

Buggered if i know ๐Ÿ˜›

Government for idiots?

Parochial minor party pandering..

ShaunO

2-Minute Read

Bridget McKenzie wants to be โ€œrespected as the second party of governmentโ€..

She needs a reality check.

The National Party holds 6ish % of seats in the reps (House of Representatives, 10/151) and 15% in the senate (6/40) on a national vote take of about 4.5% - yes, less than 5% - last election. So, obviously they are a minor party. They are not 2nd, 3rd, or even 4th of anything, they are less than 5% of the vote.

Ms McKenzie herself is lucky to still have a job, after being responsible for what has widely been agreed was ‘pork-barrelling’ in the ‘sports rorts’ (‘pork-barrelling’ is just a euphemism for corruption). In any other walk of life apart from ‘up on the hill’ she would have been sacked and had criminal fraud charges brought against her.

So what respect her, and her party, deserve from the electorate adds up to virtually zero in my opinion.

More importantly, once again, we find minority representation holding the country to ransom, blackmailing the rest of us, just so they can scrape up enough votes in their home electorates.

This isn’t government in the best interests of Australia - this is shameful parochial party politics treating the electorate like we’re a bunch of idiots..

Buggered if I know ๐Ÿ˜›

Government by idiots for idiots

Throwing your children's tax money away..

ShaunO

1-Minute Read

“The result is an embarrassment for a conservative government that prides itself on fiscal discipline and criticized excess spending by the then-Labor government during the 2008-09 financial crisis.”

There’s an understatement if I ever saw one..

Aside from making the conservative government look idiotic economically (I’d argue that they are going for the ‘clean sweep’ - i.e. making themselves look like idiots in every policy category ๐Ÿ˜›) it seems indicative of this government’s inability to make relevant policy and then legislate to accurately enact it.

This government (and I don’t really care what ‘colour’ they are politically - red, blue, pink or green ๐Ÿ˜›) has managed to spend their decade ‘in power’ achieving virtually ‘feck all’.. this news round just adds to the list of damning indictments I think..

Buggered if I know ๐Ÿ˜›

Jobkeeper Hand Wringing?

Everyone had their snout in the trough..

ShaunO

1-Minute Read

Even ‘Aunty’ is starting to look more tabloid..

Does anybody think jobkeeper was designed to benefit businesses? - No it was designed to put most of ‘Australia on the dole’ (without them showing up in unemployment numbers).

Without a doubt it was badly designed and has ended up being a huge free triple martini for corporates but, and it’s a big but, corporates are not to blame for doing what the government instructed them to do, legally, so that the government could meet the governments objectives (keeping you employed and paid).

This government has borrowed and pissed all that money down the tubes paying your ‘dole’ money for 9-12 months. Let’s face it, everybody (individuals and businesses) had their snout in the jobkeeper trough.

If that pisses you off, blame the government and, tell them so at the ballot box.

Buggered if I know ๐Ÿ˜›

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Online ramblings, both current and historic, by just another human bean