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the emperor has no clothes ...“Arrogant, disrespectful and shallow … a man who doesn’t understand his job as Prime Minister,” says Anastasia Palaszczuk in disgust, bringing a hapless Malcolm Turnbull down to earth with a bump, ending a flag-waving, morale-boosting, troop-rallying week. The Queensland Premier pronounces him to be a worse PM than Tony Abbott. “When Tony Abbott was PM, I could get straight answers … all we’ve seen lately is a fly-in, fly-out prime minister who is espousing thought bubbles without any deep policy conversation,” she says, furious at the PM’s high-handed management of disaster relief after Cyclone Debbie, amongst other abuses of Commonwealth-state relations. Palaszczuk is also angry that her state was not consulted on the PM’s latest gas plan, at this stage a vague threat to Santos and other powerful companies that the federal government may have to quarantine output for domestic supply. “It’s about time that he showed some leadership and was respectful, not just to me but to all the other premiers across the nation,” she adds, picking up on a management style which earned Turnbull the nickname “Ayatollah” in merchant banking in the late 1980s. “Malcolm would always do what Malcolm wanted to do,” explains a former employee. A good leader inspires his troops. Helpfully demonstrating the Aussie values of mateship and chivalry, Cobber Dutton rushes to his current leader’s rescue. He takes a boot out of his Light Horse stirrup and gives the Premier a swift kicking. Not only are Ms Palaszczuk’s comments an “embarrassing outburst”, “Premier Palaszczuk is a laughing stock around Australia,” Dutton says, showing the sort of disciplined team work and fine judgement that have helped ensure that this Coalition government, like its predecessor, has the spirit of federation pretty well hog-tied. Digger Dutton also models the qualities of mind and spirit that make him a peerless contender for the super ministry of Homeland Security, a promotion his PM is about to bestow on him which will make him second most powerful minister. The move comes despite a track record which makes his Immigration Department the most incompetent agency in the Commonwealth, as Bernard Keane capably details with reference to reports by the Australian National Audit Office. Dutton implies that Ms Palaszczuk should have a cup of tea, a Bex and a good lie down. Besides, the gas export plan is just an idle threat. Certainly there’s plenty of wriggle-room in its formulation so far. The PM’s office says: “The government will have the power to impose export controls on gas companies when there is a domestic supply shortage.” Yet to others it’s nothing short of a declaration of war, a war the PM cannot possibly win. Turnbull fires back on Facebook, of course! His choice of social media rather than seeek any personal contact confirms her misgivings about his incapacity to consult or interact with her or any other Premier. He adds insult to injury. “Queenslanders don’t want their politicians hurling abuse: they want them to deliver,” snipes one of the most over-promised and under-delivered Prime Ministers the nation has ever endured. Turnbull fails this leadership test, too. Yet the week began so well. Buoyed by last week’s “Aussie Values” duet, a rustic air for dog whistle and saw, featuring Peter “two bob each-way” Dutton, Monkey Pod Room convenor and Abbott cup-bearer, Turnbull is upbeat. Inspired by Gallipoli spirit, our FIFO, leadership-by-though- bubble-PM takes his Aussie Values show on tour to Iraq and Afghanistan. Valiantly, despite an epic failure to identify a single uniquely Australian value, he uses an Anzac backdrop to proclaim: “Australian men and women [are] defending our values, defending our liberties, keeping us safe.” He’s hoping his Aussie values show is paving the way for a turnaround in his government’s low opinion ratings. Labor polls 52 to the Coalition’s 48% two party preferred. Turnbull’s personal approval soars two whole points in a Newspoll delayed by Easter but held after his values gig. The Clayton’s crackdown on 457 visas may have helped. He’s pumped. Pumped? Thirty-two percent approve of Shorten’s performance. Turnbull’s on thirty-three. He’s off like a frog in a sock. In a bold bid for Aussie hearts and minds, our feckless leader plumps for a quick tour of duty, upstaging even Phosphorous Jim Molan of Fallujah or Abbott knight, Governor General Sir Peter Cosgrove, in the vanguard of our nation’s annual assault on the Anzac spirit. For one day of the year, Australia becomes the bullshit capital of the world. Troy Grant supplies the soothing, ritual, sanctimonious chorus that no-one is grandstanding or political on Anzac Day. “On April 25 we expect all Australians to stop and give thanks for the dedication of those before us who fought for the freedoms our country holds dear, and to those who continue in this tradition of service and sacrifice. Anzac Day is sacred, should be kept above politics and certainly not hijacked for grandstanding.” Anzac Day has been political since its inception. Beyond the irony in his own PM’s Anzac grandstanding, or his own grandstanding, or countless others, beyond how “the freedoms our country holds dear” is contradicted by Grant’s edict on correct observance is a chilling example of how close our government chooses to come to a totalitarian state. Opposition leader Bill Shorten, a veteran US lickspittle, visits PNG to help Cosgrove commemorate the 75th anniversary of the Kokoda campaign and the Battle of Milne Bay, a part of the New Guinea campaign in the Second World War. Yet Turnbull goes over the top. As with the foreign policy of US Oligarch Baron Donald von Trump, whom he’s now scheduled to meet next Thursday on the USS Intrepid, a warship museum moored in the Hudson a long way away from any White House reception, it’s a wag the dog strategy, a foreign adventure to divert from domestic ineptitude. Wardrobe is put on a war footing. Turnbull is kitted out in helmet and Kevlar vest to blitz our troops on the frontline of a US War on Terror in Afghanistan and Iraq. Battle-weary soldiers yawn and look on warily. Is he taking the piss somehow wearing that over the top outfit? Few shake hands. Goodwill is conserved for battle. No-one sniggers openly, yet. Turnbull has good news for the troops in Afghanistan, Australia’s $7 billion plus, thirteen year operation, its longest-war- that’s-not-its-war ever, is to have an extended season. He continues the absurd pretence that all US requests will be carefully considered. Yet the words he chooses leave little doubt that a troop increase is a foregone conclusion. ‘So it is going to be a long-term commitment and we will consider, with our allies in these conflict areas, … requests for further support and as it evolves, we’ll be looking at that.’ In other words, the show must go on, regardless of failure. Values? Our troops are endlessly expendable. It’s Kaiser Malcolm’s deadliest piece of rhetoric yet. Does he have any idea of the horrors of military service in “the graveyard of empires”? He should heed the warning signs. More soldiers take their own lives than have been killed on active duty in Afghanistan. The suicide rate among young male former defence personnel is twice the national average. Yet his government offers little real help. The Coalition response to crisis is to order a feasibility study or trial. It will “trial a suicide prevention initiative” in Townsville to help Australian Defence Force (ADF) personnel. Surely, after fifteen years of US failure, it is time to reconsider Australia’s reason for tagging along, too? Surely, Turnbull can see we are sending troops into harm’s way? Defeat is staring us in the face. Afghanistan’s army suffered its biggest loss last week when insurgents overran a base near the northern city of Mazar-i-Sharif. Reports state that “at least 100 soldiers” were killed. Other reports have revised the figure to 140 while Taliban claim 500 were killed and injured. Trump’s administration is considering a Pentagon request to boost troop numbers but the plan sounds ominously like repeating Obama’s unsuccessful surge strategy. The Obama administration increased US troop numbers in Afghanistan to 100,000 from less than 30,000. It also embarked on a “nation-building and counterinsurgency strategy” which it hoped would turn the war around in a few years. It failed. Afghanistan is torn between “a resolute insurgency and a kleptocratic, dysfunctional governing elite”. In Iraq, our “Building Partner Capacity Mission” at Camp Taji, where we contribute 700 soldiers to a joint Australian-New Zealand operation to train security forces personnel and military police is a tribute to the spirit of Anzac. As vassal states of our US overlord, Australians and Kiwis get to do the menial tasks behind the scenes. But the PM is undeterred. Turnbull’s quirky bobble-head combat helmet and redundant, unfastened body armour may look more Stanley Kubrick meets Dad’s Army than intrepid Commander-in-Chief but at least he gets his boots on the ground. And into Tony Abbott. Dressing fit to kill is the latest phase of the PM’s tactical battle to outflank Abbott, his nemesis in the costume wars, a guerrilla campaign of mutually assured destruction to decide the leadership of whatever remains of the Liberal Party. Abbott now is regular guest sniper on 2GB Sydney radio since his old pal, Cronulla riot veteran, witch-ditcher 2GB’s Alan “chaff bag” Jones, got back his misogynist mike. Abbott also has a regular weekly spot with Ben Fordham’s “Drive time”. Every other week he’s hazing with Ray. Hadley dropped “boring liar” Scott Morrison, he says, for standing him up for an ABC gig with John Faine and deceiving him about it. Abbott was only too keen to slot right into his spot. The phones have been running hot, Ray says, with praise for his decision, but he could have simply played a recording. Abbott will simply recycle the same old, dishonest empty cliches. Yet Hadley’s right about one thing. Morrison sucks. “My listeners are sick of the obfuscation and non-answers he gives to almost every question.” Your listeners, too, Ray? A broken record, Abbott bags Turnbull’s government for drifting left despite the PM’s self-eviscerating right wheel and about turn. The PM digs deep. He has to better an action-man predecessor who once stepped out of a SeaHawk chopper on to the deck of USS Blue Ridge in RAAF leather flying jacket and a pair of Douglas MacArthur aviator shades. The pose led to some golden grovelling. Inveterate US camp follower, Abbott, called US troops a comfort to Australia. How grateful Australia was, too, he said, how thankful we all were for the work US forces did with Australian forces all around the world. Our diggers were ever ready to follow the US anywhere and everywhere and at a moment’s notice; just say the word, he said. War is a captain’s call for a PM. No parliamentary debate nor evidence of WMD necessary. Abbott’s baton is effortlessly taken up by Turnbull. Labor does not demur – even though Bill Shorten has called Donald Trump barking mad. Now we pledge unqualified military support, to a nation led by a golfing President who has trouble remembering how many missiles he fired on Syria, in a recent watershed AP interview. Or was it Iraq? An utter lack of preparation for the Trump presidency has led to a dangerous inertia in the Coalition’s response to the incoherent bellicosity of The Donald’s foreign policy. Are we banking on his being taken captive by his Neocon advisers? Neither prospect offers much reassurance. Turnbull shows little evidence of independence except to decline offers of a missile shield technology that is vastly expensive and almost totally unproven – yet another business coup for Boeing. Our noble diggers are always up for a windy blast on Aussie values from any Prime Minister. Super-Mal’s blitzkrieg operation is kept under wraps, it is claimed, to protect the Prime Minister, but there’s a no sense the press have been left out of the loop. Not only is the war on Terror going well, our massive foreign aid is going gangbusters. Why, in the last year alone, Australia’s aid programme in Afghanistan has helped enrol more than 5000 children in school, trained more than 9000 farmers and funded multiple women’s shelters. We are doing a power of good. Imagine what that aid could be if Hockey had not got to it. Despite being one per cent of all budget spending, Australia foreign aid, aka Julie Bishop’s ATM, has borne 25% of all government budget cuts from 2013-14 to 2018-19. On the home front, Aussie Values foot soldiers are out in force. Local standard-bearer Senator Eric Abetz savages the values displayed by Yassmin Abdel-Magied whose ANZAC reflection on her Facebook page says “Lest. We. Forget. (Manus, Nauru, Syria, Palestine…)” She later deletes the political part of her comment and apologises. Clear to Abetz is that Yassmin has failed “To understand the significance and high regard Anzac Day is held in our Australian culture” and for that ignorance she must resign from the Council on Arab-Australia Relations, (CAAR). CAAR was set up by John Howard in 2003, the year the Australian Greens and Australian Democrats opposed military action in Iraq. It’s hard, given the context to think that his intentions had anything to do with free speech. The Coalition has a track record of setting up hand-picked advisory bodies to fulfil its own purposes. Tony Abbott’s Indigenous Advisory Council also seems thin on representation; set up more to give government the advice it required. It would do well to heed The National Congress of Australia’s First Peoples Rod Little and Jackie Huggins who argue: “Congress is and will be a much more valuable informant to the parliament than hand-picked individuals with lesser networks, knowledge or experience across matters impacting on our people on a daily basis.” Is it guided democracy? Rule by clacque? Clearly, some Australian values are yet to be formulated by the PM’s spin unit. Regardless, calls for Yassmin to resign are utterly unwarranted. What is clear is that the orchestrated attack upon Yassmin Abdel-Magied is a vivid illustration both of an ugly intolerance but a narrow-minded vigilantism which is deliberately courted by our government. Turnbull should offer a personal apology. Intolerance is seen in Troy Grant’s semi-official nonsense and it is given unparalleled expression by our Minister for Immigration, sneaky Peter Dutton who maintains his assertion that the detention centre on Manus came under fire from some drunk local troops as a response to some form of sexual assault by detainees on a five year old Manus Islander boy. Peter Dutton is contradicted on every detail of his account of the incident which he waited six days to report. When he did break his silence, he chose to utter a damaging smear against the asylum seekers themselves. Dutton’s behaviour has led to increased tension between those living in the centre and those in the community. His conduct does not become a Minister and his witholding of information does not fit the code of ministerial responsibility. He has not excercised the duty of care his position demands. He has chosen to put his charges in harm’s way. He ought to resign immediately. Any other PM would be demanding Dutton stand aside at least. Above all, the Minister’s strategy looks suspiciously like a stunt. Commentators note that the incident has all the hallmarks of another children overboard incident. False claims that asylum seekers were throwing babies overboard helped John Howard demonise asylum-seekers in October 2001 and provided him with the notorious election-winning slogan “We decide who comes to this country.” Repeatedly, Dutton claims to have access to other “classified information” which he has nevertheless seen fit to share with Andrew Bolt. PNG police chief David Yapu has tried to put the record straight but Dutton is not listening and irrevocable damage has already been done. The 39 year old Afghan refugee who gave a young hungry boy some food provides a compelling account, an account which could well serve as a prompt to those, like Malcolm Turnbull, who are unable to articulate Australian values. “I grew up in a country that had war and bombs and fighting and all of these things, and I was raised without a father. I experienced hunger, I experienced being thirsty, I experienced poverty, and I know how it feels for a child to be hungry. And when I see that, I cannot just close my eyes and not help.” Turnbull needs to stop his mindless military urging and posturing and put away his cynical Aussie values dog whistle campaign to create a narrower, less tolerant society. Australians can see through his government’s stunts, distractions and evasions. Above all, as the Queensland Premier puts it the nation is ill-served by a government which is arrogant and disrespectful, a government which is not genuine, a government which has lost its way. Stop obsessing over Newspoll Mr Turnbull. Stop bluffing. Enough of the stunts. Call an early election. It’s the only honourable way out of your mess. A man who doesn't understand his job as Prime Minister
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making the future pay for today...
IT IS DIFFICULT to identify the most ludicrous policy proposal to emerge from our politicians in recent times.
But a 25 per cent increase in our already high university fees, when in a smart country there should be no university tuition fees at all, or at most a token charge, is definitely on the short-list.
Slapped w higher $s,earlier pay back & yet no higher ed reform to create pathways to jobs & prosperity...go figure!@moir_alan#auspol #HECSpic.twitter.com/0MrhC3hQCw
— Holly Ransom (@HollyRansom) May 2, 2017We have as much private debt as we do in Australia, largely because we don't have enough government liabilities — call them "government debt" if you must. And if we are to use the term "government debt" for something which is better thought of as a form of money – and is not debt in the conventional sense of the term at all in a country with a monetary system like ours – can we please dispense with all this nonsense about "good debt" and "bad debt"?
There is good government spending and less good government spending — for sure. Government spending involves the use of real resources in our economy and should always be for the public purpose. It can add to inflationary pressures in the economy, so must be limited in scale and carefully budgeted for. Moreover, enough taxes must be collected to keep a lid on inflation, dependent on the level of government and non-government spending, relative to our productive capacity as a nation.
But there is no such thing as a distinction between "good debt" and "bad debt". No apparent funding source can ever be tied to a specific type of expenditure or investment. To pretend otherwise is nonsense. Even if taxes and government borrowing did "pay for" government spending, the notion that a specific source of funding could be matched to a particular type of spending is nonsense. It is sometimes called "hypothecation" and everyone knows it to be nonsense.
If you understand how modern financial systems work in countries like Australia, however, the problem with Federal Treasurer Scott Morrison’s framing of his budgetary proposals is much more fundamental than a silly and essentially meaningless distinction between good and bad "debt". It is that every dollar of government spending or investment is, in reality, a new dollar being born — the monetary base literally increases every time the government spends a dollar. Every dollar of taxation marks the death of a dollar. Government bond sales (the issuance of "debt") are just a way to drain dollars from the banking system to support the current mechanism the Reserve Bank of Australia (RBA) has for controlling interest rates.
Good debt and bad debt. Is this creative accounting designed to hide the true extent of the debt, or simply common sense? #Insiders #auspolpic.twitter.com/CN4zXyId3I
— Insiders ABC (@InsidersABC) April 29, 2017Good debt and bad debt. (Source: @InsidersABC.)
The Australian Government cannot ever run out of Australian dollars. Our current institutional arrangements may obscure this fact, somewhat, but it remains a fact. Government debt is better thought of as money. Government debt never has to be paid back. Government debt is not a burden on future generations, even when held by foreign investors.
A problem we have in Australia at the moment is that the fiscal deficit is too small to support the economy and there is insufficient government debt to meet the saving requirements of the private and foreign sectors. This is why we have so much unemployment, underemployment and insecure employment. This is why we have so much private debt and, in particular, household debt. This is part of the reason for our property bubble and our fragile financial system.
To add more private debt – and to add it to the young – is the height of folly, resulting from the mass delusion that the budget is broken and needs to be repaired, that the government can run out of its own currency, that government liabilities are in some way a burden on future generations (excuse me!) and that there is something inherently "good" about a budget surplus.
We are in the grip of a mass delusion and we have been now for 30 years or more.
The Coalition are deluded. The ALP are deluded. The Greens are deluded. Most micro-parties are deluded. Virtually all journalists are deluded — to an extraordinary degree. All orthodox economists are deluded and so are a few heterodox ones.
None of them understands the mechanics of monetary systems.
read more:
https://independentaustralia.net/politics/politics-display/government-de...