Open Thread – Tues 14 June 2022


Moonlit Night on the Crimea, Ivan Aivazovski, 1839

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Dr Faustus
Dr Faustus
June 14, 2022 6:41 pm

From Bruce at 5:28 pm

“The PM also claimed the current problems were a failure of the former Coalition government in not putting enough of a grid together to transmit electricity and by not having a coherent energy policy.”

I’ve followed this fairly closely; I don’t believe anyone has suggested the current market failure is due to insufficient transmission capacity.

In fact, if there had been, NSW would have had blackouts yesterday evening.

So, we can safely conclude the deformed gnome is happy to stand up in the middle of a serious economic and social crisis and:

1) Display complete ignorance of what is going on around him; and

2) Play cheap retail politics instead of pointing to a solution.

A Solution: The Government has instructed the ACCC to investigate the causes of failure in the electricity market.

In support, a $1 million reward is offered for information leading to the conviction of individuals for breaching the Competition and Consumer Act 2010.

bespoke
bespoke
June 14, 2022 6:41 pm

Build a gasifier.

Not Uh oh
Not Uh oh
June 14, 2022 6:42 pm

Say it loud, say it often and maybe the message will ultimately get through. Renewables are the PROBLEM, not the solution.

Cassie of Sydney
June 14, 2022 6:46 pm

“Should have thrown him to the wolves.”

Yep…and Bill Barr and Mike Pence.

Frank
Frank
June 14, 2022 6:48 pm

A n@k3d woman in a mental health crisis is pounding on a window.

Like this one you reckon?

Warning, dangling bits.

Roger
Roger
June 14, 2022 6:51 pm

I’ve followed this fairly closely; I don’t believe anyone has suggested the current market failure is due to insufficient transmission capacity.

As an avid ABC listener I may be able to shed some light on this.

The transmission capacity wanting is that which links solar and wind to the grid.

Don’t blame me; I’m just the messenger.

Mother Lode
Mother Lode
June 14, 2022 6:54 pm

Renewables are the PROBLEM, not the solution.

People need only cast their minds back a few years before the windmills and solar farms.

Electricity was cheap and plentiful. Coal and gas, baby!

So, what changes have been made that accompanied the rising prices and declining reliability? If renewables really are cheaper and more reliable, how does their inclusion cause higher prices and deteriorating supply?

DrBeauGan
DrBeauGan
June 14, 2022 7:00 pm

So, what changes have been made that accompanied the rising prices and declining reliability? If renewables really are cheaper and more reliable, how does their inclusion cause higher prices and deteriorating supply?

All utterly predictable. I predicted it. So did lots of others. In fact, just about everyone who knew even a smidgin of what is involved in electricity generation and distribution.

Only the ignorant were against us. Unfortunately, that was most of the population led by the parasite class.

Frank
Frank
June 14, 2022 7:02 pm

It would be a real shame if an irresponsible hacker got Maiden and Milligan’s WhatsApp messages.

Don’t they use some messaging service (can’t remember the name) that automatically deletes the messages after a fixed time specifically to avoid this as well as stymying court injunctions.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 7:02 pm

“Daily Mail.”

The reality of owning an electric car in Australia: Driver struggles with useless ghost chargers, other motorists stealing his spot and taking a whole day to finish a trip between Canberra and Sydney

An electric car owner shared his charging port debacle on an Aussie road trip
The brutal TikTok video showed him driving for hours to find a functional port
Ultra-fast charging stations have increased by 85 per cent since August 2020
However, Australian drivers are reluctant to make the switch to plug-in vehicles
The Labor government plans to have almost all new car sales as electric by 2030

John Sheldrick
June 14, 2022 7:08 pm

Cryptos are therefore no different to your AUD or USD.

I disagree especially with respect to the USD which is a Currency that has never been cancelled. It remains the World’s Reserve Currency. The USD is also rising against most other currencies with both International Capital flows into the USA and the prospect of the US Federal Reserve to rapidly increase the US Cash Rate (Short Term Interest Rate) over the course of 2022 and maybe beyond.

The AUD is in a different space though.

The Crypto currency Market is a Giant Ponzi Scheme.

All In my humble Opinion by the way.

Roger
Roger
June 14, 2022 7:12 pm

If renewables really are cheaper and more reliable, how does their inclusion cause higher prices and deteriorating supply?

I’m afraid coal is to blame.

That’s what one of the newly elected Brisbane Greens told ABC today.

Coal is unreliable and our reliance on it is holding back investment in renewables.

We need to get rid of coal asap, like yesterday.

I don’t know what we’re to do at night when the sun isn’t shining and the wind generaly doesn’t blow because the ABC didn’t ask him.

Dot
Dot
June 14, 2022 7:17 pm

I disagree especially with respect to the USD which is a Currency that has never been cancelled. It remains the World’s Reserve Currency.

???

Accounts get cancelled. Crypto doesn’t.

The USD is also rising against most other currencies with both International Capital flows into the USA and the prospect of the US Federal Reserve to rapidly increase the US Cash Rate (Short Term Interest Rate) over the course of 2022 and maybe beyond.

BTC is still worth infinitely more than it was in 2008.

It was being given away. If BTC goes to zero, the only currency you need are 9 mm, as dollars will be worthless too unless they are gold or silver.

Sancho Panzer
Sancho Panzer
June 14, 2022 7:17 pm

Dr F at 6:41

“The PM also claimed the current problems were a failure of the former Coalition government in not putting enough of a grid together to transmit electricity and by not having a coherent energy policy.”

Are these the same “gold plated poles and wires” Gillard referred to ten years ago?
This is a distraction.
They can’t blame solar or wind.
They can’t say coal is the answer.
Aha!
It’s the transmission and distribution systems!

Dot
Dot
June 14, 2022 7:18 pm

The Crypto currency Market is a Giant Ponzi Scheme.

That is just wrong. BTC is accepted as currency in Japan.

Rex Anger
Rex Anger
June 14, 2022 7:19 pm

Nazis in Ukraine confirmed!

https://mobile.twitter.com/loogunda/status/1536413610632675329?cxt=HHwWgoCwnbyCuNIqAAAA

(The Great Russian Victory is progressing so well that the beleagured defenders have enough time and resources to pull the piss. AND do the Russian media’s job for them…)

#Feint-ingCouch

Rex Anger
Rex Anger
June 14, 2022 7:20 pm

It’s the transmission and distribution systems!

Ah, but you have to have it in order to transmit it… 😉

Dr Faustus
Dr Faustus
June 14, 2022 7:22 pm

As an avid ABC listener I may be able to shed some light on this.

The transmission capacity wanting is that which links solar and wind to the grid.

The ABC’s problem here is:

1) Existing, grid-connected renewables have priority in the network over dispatchable generation and ‘run first’;

2) AEMO shows no network restrictions on Sunday night;

3) When ordered to run by AEMO, the gas generation backing the renewables was able to send out power into the distribution system, as as was power from Qld and Victoria.

4) Their ABC is repeating Albanese’s $58 billion “Rewire the Nation” strategy. Apparently expanding capacity to bring power from yet to be built renewables.

Not blaming you in the least.

bespoke
bespoke
June 14, 2022 7:25 pm

Thought ya dun a runner,Rex.

Roger
Roger
June 14, 2022 7:25 pm

Their ABC is repeating Albanese’s $58 billion “Rewire the Nation” strategy. Apparently expanding capacity to bring power from yet to be built renewables.

Sunlit uplands just around the corner.

Top Ender
Top Ender
June 14, 2022 7:26 pm

Got my comment run in the Oz about McClown closing down power stations:

Top Ender
Completely in the wrong direction.

Can not one state leader announce a plan to fast-track a nuclear power station – or three?

44likes
Story: WA to shut coal-fired power stations

Rex Anger
Rex Anger
June 14, 2022 7:31 pm

Thought ya dun a runner,Rex.

Nah. I booked a holiday on AirBNB, and ended up at a DeAtH CaMp in Toowoomba.

I was most disappointed- No cattle train chauffer service, comfy beds and the food was very okay. And not even a single hint of gassy-ness from the in-hut showers.

So I wrote a nasty review on Trip Advisor and Howard Springs-ed from the place by leaping over the front gate. The Security Guard just rolled his eyes and made sure I got my invoice number.

Stay away from AirBNB, Cats- It’s too good to be true…

MatrixTransform
June 14, 2022 7:32 pm

Do lifts, in apartment highrise, have power backup?

no, not always.

some do and some dont

Sancho Panzer
Sancho Panzer
June 14, 2022 7:33 pm

The transmission capacity wanting is that which links solar and wind to the grid.

Roger, there is a shitfight going on in Danistan at the moment.
AusNet want to build a transmission line from Stawell in the west to Sydenham in the suburbs for that very purpose.
Farmers have a legit beef because it is going to put a crimp in water-jet spray irrigation under the line.
But the rest of it is a totally hilarious perfect storm of competing SJW issues.
Environmentalists want to underground it. But that will plough up indigenous sites and destroy wildlife habitat (and cost buckets more).
The Greenies who love 160 metre wind turbines are up in arms about 85 metre transmission towers.
Everyone wants to hook it up but lots of Nimby stuff going on.

Roger
Roger
June 14, 2022 7:38 pm

Roger, there is a shitfight going on in Danistan at the moment.
AusNet want to build a transmission line from Stawell in the west to Sydenham in the suburbs for that very purpose.

One of many to come.

I love the planet, but not so much that it’ll impact my property’s value.

Rex Anger
Rex Anger
June 14, 2022 7:38 pm

@ TE-

As I understand things, Kwinana Power Station and the other 2 or 3 sites providing baseload power in the State (including the privately run Worseley Alumina Refinery down near Bunbury) are triple fired- They can burn Coal, Oil and Natural Gas.

Presently, about the only coal haulage from Collie is to burn at Worseley- Everywhere else is on Gas.

But the Labour Party gave up on coal miners and non-Perthite blue-collar folks in WA long ago. The much publicisied and trumpeted plan to shut down all coal mining in WA and turn the Collie region towards ToUrIsM barely elicited a ripple. And Collie feels like a dying town, anyways. Nobody’s pulled the plug, yet.

(Collie coal is pretty shit, geologically speaking, anyways. The only private common-carrier railway system in WA deliberately imported NSW Newcastle coal for the exclusive use of its steam fleet from its foundation to dieselisation. The WAGR was ordered to use it, on the basis of preserving local industry…)

bespoke
bespoke
June 14, 2022 7:40 pm

Home made brownies for dessert.

Rex Anger
Rex Anger
June 14, 2022 7:51 pm

Home made brownies for dessert.

Mrs Bespoke spoils you, man. 🙂

bespoke
bespoke
June 14, 2022 7:54 pm

Yes she does Rex. As it should be.

cohenite
June 14, 2022 7:57 pm

Bolta and sheridan going full on Trumpophobic, saying his staff testimony against him about insurrection day will doom him. Bolt is infuriating; on some things he is courageous and insightful but on others, particularly Trump he might as well be a demorat he is so stupid. I really think he is so prissy he objects to Trump simply because Trump is crude. After all bolt objected to Milo saying fuck.

Sancho Panzer
Sancho Panzer
June 14, 2022 8:02 pm

bespokesays:

June 14, 2022 at 7:40 pm

Home made brownies for dessert

Mmmm.
I just belted through a plate of stewed rhubarb and apple with some preserved pears.
All from the garden.
The vanilla custard had to be imported but.
No cow, no chooks and no vanilla shrubbery.

Cassie of Sydney
June 14, 2022 8:03 pm

“Bolta and sheridan going full on Trumpophobic, “

Blot, blot, blot.

132andBush
132andBush
June 14, 2022 8:06 pm

Blot still wants dinner party invitations.

rosie
rosie
June 14, 2022 8:06 pm

The covid baby boom gathers pace.
I’m very happy to say.
🙂

Bruce of Newcastle
Bruce of Newcastle
June 14, 2022 8:07 pm

Nazis in Ukraine confirmed!

Ukrainians are winning the humour wars. Darth Putin and Sputnik Not are pretty good.
I haven’t yet found anything from the Russian side that’s remotely funny.
Go figure. Maybe it’s because Russian history is so dreary.
On the other hand Ukrainian history is worse.

H B Bear
H B Bear
June 14, 2022 8:08 pm

Big fan of stewed rhubarb. Stewed any fruit really.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 8:09 pm

The covid baby boom gathers pace.

There were half a dozen of the local “yummy mummies” down the street the other morning – all heavily pregnant…

Cassie of Sydney
June 14, 2022 8:11 pm

“Blot still wants dinner party invitations.”

He wants his enemies to like him. I find him excruciating. I have for a while….he waffles, he talks over guests but it was his recent joining in the pile on of Mark Latham that I found shameful. I haven’t watched him since and won’t ever again.

bespoke
bespoke
June 14, 2022 8:14 pm

@Sputnik_Not
SCOOP: US Republicans mull allowing abortions which are performed using AR-15 assault rifle

Yeah! real funny.

H B Bear
H B Bear
June 14, 2022 8:14 pm

Blot still wants dinner party invitations.

You get the feeling he was hung out to dry by Newscorpse, who would do it again given the chance I suspect. I wouldn’t be sticking my head in the noose for them either. Qualification – I haven’t watched/read him for years and don’t rate him much.

miltonf
miltonf
June 14, 2022 8:14 pm

And didn’t back Anal last month? Anal was a good guy or some rubbish. What an idiot. Wouldn’t waste my time on him anymore. As for Sheridan- twee tosh.

Dr Faustus
Dr Faustus
June 14, 2022 8:15 pm

Big fan of stewed rhubarb.

Oh, yes.
Drop a clove and a small crushed green cardamom in while you cook the rhubarb.

Serve with dollop cream and a sprinkle of smashed up toasted hazelnuts.

rosie
rosie
June 14, 2022 8:19 pm

We bought fresh rhubarb from a local farm last weekend.
Rhubarb and apple cake and left overs stewed.
Fantastic.
And I bought rhubarb jam in France that was fantastique.

miltonf
miltonf
June 14, 2022 8:21 pm

Of course it’s true that being the subject of Stalinist show trial would have a very bad affect on anyone.

Dr Faustus
Dr Faustus
June 14, 2022 8:25 pm

Collie coal is pretty shit, geologically speaking, anyways.

Yes.

There was one decent seam, the Hebe, now worked out.

The rest of the coal is shite in many ways – not the least being full of pyrite and chronically prone to spontaneous combustion.

It has one use: a mine mouth power station. Correctly done it gives you cheap power.

No longer possible.

Winston Smith
June 14, 2022 8:28 pm

Dot:

Cryptos are therefore no different to your AUD or USD.

…and that is a bloody valid point.
I’m busy liquidating my cash surplus apart from a bit of folding stuff. Das Winekellar is looking good, and so does the ethanol, in various different flavors.
Mmmm.
Ethanol.

Zipster
June 14, 2022 8:30 pm

ROME, 14 June. /TASS/. Pope Francis expressed the opinion that a third world war had been declared in the world. “A few years ago it occurred to me to say that we are living the third world war in parts. Today, I believe, the third world war has been declared,” the pontiff said in a conversation with the heads of the European magazines of the Society of Jesus, which is quoted by the newspaper La Stampa on Tuesday . – And this is something that should make us think. What happens to humanity, which has survived three world wars in a century? This is bad for humanity, this is a disaster.”

bespoke
bespoke
June 14, 2022 8:30 pm

Of course it’s true that being the subject of Stalinist show trial would have a very bad affect on anyone.

What did Trump say, miltonf?

Timothy Neilson
Timothy Neilson
June 14, 2022 8:32 pm

Bolt frequently disappoints, but if he was our worst problem in the Australian commentariat we’d be way better off. At least there’s a chance that he’ll take the sane side of an issue. And he has been courageous from time to time, e.g re Pell, and in the face of the Antifa physical assault on him outside Jimmy Watson’s.
I don’t think we need to go cartoon-like binary so everyone is either a total hero or total villain.

Zipster
June 14, 2022 8:55 pm

Drbeen Medical Lectures

Dandelion Leaf Extract Reduces ACE2 and SARS-COV-2 Spike Binding | In-vitro Study

In this in-vitro study researchers from the University of Munich show that the Dandelion leaf extract has potent inhibitory effect on the SARS-COV-2 spike binding to ACE2.

Boambee John
Boambee John
June 14, 2022 8:56 pm

Roger

The transmission capacity wanting is that which links solar and wind to the grid.

I remember a giant kerfuffle about ten years ago, when a new high voltage transmission line was proposed somewhere in north east NSW. Shrieks of “Unnecessary”, “gold plated” “health dangers” and such like from the usual lefty “activists”. It was eventually cancelled.

Now the usual lefty “activists” are shrieking for a complete network of transmission lines criss-crossing Australia.

Winston Smith
June 14, 2022 8:58 pm

Matrix:

Do lifts, in apartment highrise, have power backup?

no, not always.

some do and some dont

My idea of entertainment – 7 Greenies trapped in an inner city dogbox lift designed for 5.
…and with no coms.
*shriek!* “My mobile isn’t working!”
OMG OMG!

Bruce of Newcastle
Bruce of Newcastle
June 14, 2022 8:59 pm

Bespoke – The washing machine and tractor jokes are very entertaining.
But to understand them you’d’ve had to’ve seen the washing machine and tractor photos.
Which for odd reasons known only to Vlad do not appear on Russian feeds. It’s a mystery.

I have no side in this fratricidal conflict. I wish they’d stop, but I can’t see it happening anytime soon.

DrBeauGan
DrBeauGan
June 14, 2022 9:03 pm

I don’t think we need to go cartoon-like binary so everyone is either a total hero or total villain.

Neither Blot nor Sheridan are villains. They’re just a bit dumb.

Frank
Frank
June 14, 2022 9:09 pm

Albanese’s $58 billion “Rewire the Nation” strategy.

CFMEU smiles and says thank you PM.

miltonf
miltonf
June 14, 2022 9:10 pm

Speaking of dirty stinks getting undeserved awards……bLIAR-truly evil

calli
calli
June 14, 2022 9:13 pm

I really think he is so prissy he objects to Trump simply because Trump is crude.

And that thing in the White House is not? And the means by which he got there?

Bolt sees what he wants to see. Tonight Seven News had a piece on Trump’s “lies” about a stolen election. It is now established truth and part of history. The grotesque behaviour surrounding the election is now in the dustbin. Memoryholed like the Jan 6ers rotting in prison.

Try that on for crude.

Frank
Frank
June 14, 2022 9:13 pm

From Milton’s link. Cheri. Pwhoar!

P
P
June 14, 2022 9:16 pm

When I was growing up at the end of the 40’s and into the early 50s rhubarb and blackberries were our main desserts.
The rhubarb plants on either side of our outside back tap thrived with no more than than the spray from washing our hands.
The blackberries had to be collected by us kids with out rakes and billycans.
Many friends were made as we went about this almost daily job.

miltonf
miltonf
June 14, 2022 9:18 pm

The grotesque behaviour surrounding the election is now in the dustbin. Memoryholed like the Jan 6ers rotting in prison.

certainly almost entirely the case here in Oz with our trash meja- may be not in the US. Whether or not the evil will be undone remains to be seen.

P
P
June 14, 2022 9:18 pm

our billycans

miltonf
miltonf
June 14, 2022 9:20 pm

I seriously don’t watch TV- it’s a load of shit. I must admit it’s been a big disappointment to me that the internet hasn’t put these dinosaurs out of business.

Bruce in WA
June 14, 2022 9:20 pm

Cheri Blair’s old dad in real life was Alf Garnett’s son-in-law in Till Do Do Us Part.

P
P
June 14, 2022 9:22 pm

Till Do Do Us Part

I loved that show. Could relate to it in so many ways.

miltonf
miltonf
June 14, 2022 9:30 pm

It’s impossible to exaggerate about the evil, spite, malice, ignorance and incompetence of the meja. Know nothings who set themselves up as experts on everything.

Rex Anger
Rex Anger
June 14, 2022 9:34 pm

I haven’t yet found anything from the Russian side that’s remotely funny.

That’s because the vatniks absolutely believe all of it that they’re told. And they aren’t able (or allowed) to see the behaviour of their own troops that prompts the sardonic Ukranian humour.

There can be no humour in zealotry- That means you’re thinking and picking holes in the Narrative.

Just like the way our various species of leftist over here think…

P
P
June 14, 2022 9:35 pm

I went to a matinee performance of Spring and Port Wine with Warren Mitchell in Sydney in 1967.
In the foyer at half time we were standing next to Johnny O’Keffe with his parents.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 9:42 pm

It’s impossible to exaggerate about the evil, spite, malice, ignorance and incompetence of the meja. Know nothings who set themselves up as experts on everything.

Well said!

132andBush
132andBush
June 14, 2022 9:50 pm

Just got home.
All the street lights in our little town are dimmed.

Knuckle Dragger
Knuckle Dragger
June 14, 2022 9:51 pm

Stupidest Women in Australia, part 8 (the Hun):

A judge has sympathised with a former financial officer who defrauded the Mulwala Water Ski Club for $1.1m after she claimed she fell victim to two online dating scams.

Kaye Leanne Ferguson, 59, was sentenced to a three-year intensive corrections order in Albury District Court on Tuesday after earlier pleading guilty to three sequences of dishonestly obtaining financial advantage by deception.

How do you fork out over a million in someone else’s cash to internet people? Aha:

Ms Ferguson was first scammed by a man in June 2020. The court heard the man blackmailed her into transferring him $130,000 of her own funds, threatening to reveal explicit photos of her to her children if she didn’t.

$130K? Piss off. That could be anyone’s genitalia. And then, six months later:

Ms Ferguson later met a second man, William David Rodavan — an engineer from Melton living in Melbourne who travelled overseas frequently.

While on a phone call in November, Ms Ferguson heard a loud noise and Mr Rodavan hung up, calling back days later claiming he had been involved in an explosion that killed several of his employees.

Mr Rodavan told Ms Ferguson he needed money to pay the families of the people who died, resulting in Ms Ferguson transferring $225,000 of her own funds.

Having exhausted all personal funds, Ms Ferguson took the club’s money on 27 occasions.

$130K and a box shot says the two blokes are the same person.

P
P
June 14, 2022 9:53 pm
Rex Anger
Rex Anger
June 14, 2022 9:58 pm

A judge has sympathised with a former financial officer who defrauded the Mulwala Water Ski Club for $1.1m after she claimed she fell victim to two online dating scams

If she were man, she’d be underock and key, and a dry and awkward statement of facts and damning details would have been released to all Members of the Club amd probably reprinted in the local paper.

Theft is theft.

Rex Anger
Rex Anger
June 14, 2022 9:59 pm

* Under lock and key with miniminal fuss.

calli
calli
June 14, 2022 9:59 pm

The moonlight tonight is bright as day, the bare frangipani casting crisp shadows cast on the lawn. Everything cold and pewter, all shades of grey. A small puddle left by the sprinklers looks like a mirror set in the front path.

Rex Anger
Rex Anger
June 14, 2022 10:00 pm

Lucky you, calli.

It’s all clouds out West.

calli
calli
June 14, 2022 10:00 pm

Lots of casting going on there. No fish in the mirror-pool though. 🙂

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 10:01 pm

Federal politicians score biggest pay rise in a decade

Under the 2.75 per cent pay bump, the average backbench MP will now be on $217k and Prime Minister Anthony Albanese’s pay packet will total $564k.
@tminear
less than 2 min read
June 14, 2022 – 8:29PM
Prime Minister Anthony Albanese’s pay packet will now total $564,000 under a new pay increase. Picture: Monique Harmer
Victoria

FEDERAL politicians have been handed their biggest pay rise in a decade, the day before the workplace umpire decides whether to lift wages for Australia’s lowest paid workers.

From July 1, all federal MPs will receive a 2.75 per cent pay bump, based on the determination of the independent Remuneration Tribunal unveiled on Tuesday.

This means the average backbench MP will now be on $217,060 plus their allowances.

Anthony Albanese’s pay packet will total $564,364 after receiving a raise of $15,104.

Peter Dutton will be paid $401,561 in his new role as the Opposition Leader, while Greens leader Adam Bandt will earn $314,737.

Those filling the key parliamentary posts of Speaker of the House of Representatives and Senate President – which will soon be decided by the Prime Minister – will cash in $379,855 a year.

They could pay Adam Bandt with used toilet paper and he’d still be overpaid…

miltonf
miltonf
June 14, 2022 10:11 pm

very poetic Calli- seems to be dark here in western Melbourne

miltonf
miltonf
June 14, 2022 10:13 pm

Still no final results for the Senate?

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 10:16 pm

Prime Minister Anthony Albanese’s pay packet will total $564k.

I wonder if Albo will mention that he grew up in public housing?

Vagabond
Vagabond
June 14, 2022 10:16 pm

Greens leader Adam Bandt will earn $314,737.

This is completely wrong. Malignant parasites don’t “earn” anything in the sense that they are being paid for meaningful work. He and his ilk are just another useless drain on the long suffering taxpayer.

John Sheldrick
June 14, 2022 10:19 pm

I disagree especially with respect to the USD which is a Currency that has never been cancelled. It remains the World’s Reserve Currency.

???

Accounts get cancelled. Crypto doesn’t.

As Martin Armstrong explains, Governments can cancel and ban Crypto’s should they wish to do so.

The USD is also rising against most other currencies with both International Capital flows into the USA and the prospect of the US Federal Reserve to rapidly increase the US Cash Rate (Short Term Interest Rate) over the course of 2022 and maybe beyond.

BTC is still worth infinitely more than it was in 2008.

It was being given away. If BTC goes to zero, the only currency you need are 9 mm, as dollars will be worthless too unless they are gold or silver.

I very much doubt that the USD will ever be worthless. Gold bugs think otherwise though.

Anyway, I’m with Martin Armstrong with all of this. He has a very good Blog called –

armstrongeconomics.com

Well worth following should you be interested.

miltonf
miltonf
June 14, 2022 10:20 pm

Parasites are bad enough, parasites that that seriously damage or kill the host cannot be tolerated. This is where we are at with the politco-meja class.

Bluey
Bluey
June 14, 2022 10:27 pm

Bet that Pollie pay rise goes down well with all the people who last a job in the last two years, or have been struggling with inflation….

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 10:33 pm

Bet that Pollie pay rise goes down well with all the people who last a job in the last two years, or have been struggling with inflation…

“I care not for thy plight, Augustus, for I am aboard the chariot.”

Sancho Panzer
Sancho Panzer
June 14, 2022 10:45 pm

132andBushsays:

June 14, 2022 at 9:50 pm

Just got home.
All the street lights in our little town are dimmed.

Take the RayBan Aviators off.

DrBeauGan
DrBeauGan
June 14, 2022 10:53 pm

“I care not for thy plight, Augustus, for I am aboard the chariot.”

Where does that quote come from, ZK2A?

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 10:57 pm

Where does that quote come from, ZK2A?

Just heard it years ago, as one of the classy alternatives to “Fvck you, Jack, I’m all right.’

Sancho Panzer
Sancho Panzer
June 14, 2022 11:00 pm

A judge has sympathised with a former financial officer who defrauded the Mulwala Water Ski Club for $1.1m after she claimed she fell victim to two online dating scams.

I am surprised Mulwala Water Ski Club had a $meg that they didn’t miss. Anyway, read on.

Ms Ferguson was first scammed by a man in June 2020. The court heard the man blackmailed her into transferring him $130,000 of her own funds …

$130k of her own funds? Really?

Mr Rodavan told Ms Ferguson he needed money to pay the families of the people who died, resulting in Ms Ferguson transferring $225,000 of her own funds.

Hey, another $225k of her own funds.

Having exhausted all personal funds, Ms Ferguson took the club’s money on 27 occasions.

Stay with me on the maths here.
She coughed up a total of $355k of (cough) “her own funds” and subsequently replenished that with $1.1 meg from the ski club.
On those numbers she is 3/4 of a meg to the good.
I smell a rat.

Louis Litt
Louis Litt
June 14, 2022 11:01 pm

Blair – father was a law lecturer who did some
Time in Adelaide. Blair is one of those twerps from an above average income earning family who turned on his society with immigration, dilution of English populations and trashing north England industrial belt while living it up in London. The most punch in you face moment was the eu vote based on countries population.
Blair told Merkel he would support this.
Blair showing his real world socialism Knew Merkels Chermany would control the European having the largest European population.
Blair did a deal with the Polish twins who rioted against this motion saying if it was for Ww2 their population would have been 60 million.
Checking out the group photo, Blair grinning like a Cheshire Cat in the front row laughing at Merkel on the inside. Merkel eyes are ending on the side at Blair and the shape of her mouth says it all.
After railing against his society he accepts a knighthood and now this.
All socialists are hypocrites who want to be famous at any cost.
BTW I can’t stand mekel after what she did to my mothers country if birth.

vlad redux
vlad redux
June 14, 2022 11:07 pm

The moonlight tonight is bright as day

The full moon closest in time to the winter solstice is highest in the sky (at its highest, ie midnight); shining straight(er) down it’s like the sun in midsummer (at noon) – hence brighter!

There’s also the fact that this full moon is close to perigee – closer to earth, bigger in the sky – hence brighter still.

Tonight is the brightest moonlight of the year.

Sancho Panzer
Sancho Panzer
June 14, 2022 11:23 pm

Just reading the Oz.
It looks like Prince “I don’t sweat” Andrew will remain the fulltime ferret wrangler at Balmoral for the foreseeable future.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 14, 2022 11:24 pm

Any, “slainte” to you mob. I’m having a large single malt – or three – and reading Max Hasting’s book “All Hell Let Loose – The World At War 1939 – 1945.”

Hastings makes the point that, regarding the murder of 25,000 Polish officers, murdered by the Soviet NKVD, and buried in mass graves in the Katyn forest –

“Later allegations that the post -1945 Allied war crimes trials represented “victor’s justice” were powerfully reinforced by the fact that no Russian was ever indicted for Katyn.” Page 20.”

Bit difficult to argue with him…

Gyro Cadiz
Gyro Cadiz
June 14, 2022 11:49 pm

I see The Communard is in transports of delight that the Anal-rimar ‘government’ is returning to the ALP’s anti-semitic roots.

Who could possibly see that coming?

Gabor
Gabor
June 15, 2022 12:31 am

H B Bear says:
June 14, 2022 at 8:14 pm

Blot still wants dinner party invitations.

You get the feeling he was hung out to dry by Newscorpse, who would do it again given the chance I suspect. I wouldn’t be sticking my head in the noose for them either. Qualification – I haven’t watched/read him for years and don’t rate him much.

From memory, it was his decision not to appeal.
But you are right, these days he is not worth the time, besides, his writing was always much better than his live programs, especially his interviewing style.

His constant interruptions and talking over guests is most irritating.
Sucking up to his enemies just makes it worse.

Nah, forget him.

Gabor
Gabor
June 15, 2022 12:43 am

Reading the comments, I see a lot of people here are on the side of the Ukrainians, not much of a problem as such, we all have our reasons and biases, but some forget that there are always two sides to every story.

Remember the old excuse?
‘He started it by hitting back’, applies perfectly in this conflict, one still can question the severity of the action.

Tom
Tom
June 15, 2022 1:15 am

Nature Strip (T: Chris Waller. J: James McDonald) just blitzed the opposition in the King’s Stand Stakes at Royal Ascot. At the end of the 1000 metres, Nature Strip was in a different suburb. The margin looked to be about 10 lengths.

Nature Strip (9-4) was second ranked in the market to the American favourite Golden Pal (7-4), which missed the start and never challenged.

Waller will decide later this week whether Nature Strip will back up in the Platinum Jubilee sprint on Saturday. James McDonald will pilot stablemate Home Affairs on Saturday, raising the possibility that Jamie Kah (the world’s best female jockey who just happens to be in the UK on “holidays”) will ride Nature Strip.

Tom
Tom
June 15, 2022 2:08 am

Update: trainer Chris Waller says it’s “unlikely” Nature Strip will run again on Saturday at Royal Ascot. The gelding will return to Australia to race again in the spring and Waller says he has achieved the purpose of his trip — an easy win today in the Group 1 King’s Stand Stakes.

Just to emphasise how far ahead of the world Australia is, the King’s Stand Stakes is one of the world’s most prestigious races, but the prizemoney is a puny $A873,355, compared with $25.5 million for the 1200-metre Everest at Randwick, which Nature Strip won last year.

With today’s victory, Nature Strip has earned more than £10 million (GBP) globally.

Gabor
Gabor
June 15, 2022 2:23 am

I have some $ eaw on McDonald in the 6th.

Tom
Tom
June 15, 2022 2:50 am

Bad luck, Gabor. McDonald went too hard too early on Tasman Bay in the Wolferton Stakes, leading then fading to finish midfield.

Gabor
Gabor
June 15, 2022 3:02 am

Tom says:
June 15, 2022 at 2:50 am

Bad luck, Gabor. McDonald went too hard too early on Tasman Bay in the Wolferton Stakes, leading then fading to finish midfield.

Yes, that’s racing, I had misgivings about the horse being first up on this distance but these days the training methods are different so may not mean as much as it used to, the fact that he was cut off at the 200 M mark didn’t help either.

NVM collected a nice place at Beverly race 2 #10

Davey Boy
Davey Boy
June 15, 2022 3:07 am

Some early morning reading, from The Breaking Up: Australia’s history since 1788
(Bit of a text wall, I wonder if it will post…)
IT SEEMED LIKE A GOOD IDEA AT THE TIME.
By Roslyn Ross
Why are Aboriginal remote communities such cesspits of dysfunction? It cannot be blamed on a lack of money, attention or time invested in solving their problems.
So, what is going wrong? Why are the vast majority of Australians with Aboriginal ancestry doing fine and those in these communities are living such lives of such misery and violence that it is criminally negligent to allow it to continue? What are we getting so very wrong?
The claim is that the experience of colonisation has caused these problems when the reality is, all humans are descended from the colonised and most do fine. Which suggests, looking around, that it is the lack of assimilation which is the cause of the dysfunction. We know that, because the vast majority of those with Aboriginal ancestry are fully assimilated into the modern world and have been for generations. They are doing as well, if not sometimes better than the average and have the same sorts of outcomes as other Australians. This is why it is so wrong to talk about ‘indigenous’ Australians as some sort of entity or whole.
The minority who are in dysfunctional lifestyles are those still trapped in primitive tribal cultures and who have been welfare-dependent for generations. With no cultural appreciation for education, demonstrated by the fact parents do not ensure their children attend school, they are also largely uneducated and illiterate which means that welfare-dependency is their destiny as written. Why would parents fail to understand the importance of education, of literacy and numeracy? Because they do not think as you think, even when functional, which often they are not and dysfunctional people are poorly equipped to think clearly about anything.
Humans function best when they take responsibility for themselves and learn to be independent and self-sufficient. This creates strength of character, resilience and flexibility as any sensible parent knows for their child and the same applies to any human system.
Welfare is invaluable and humane in short-term situations but it is destructive long-term and never an effective answer to problems. I saw this living in four African countries, and indeed, some enlightened locals in the countries where I lived, Angola, Zambia, South Africa and Malawi, were also aware of the well-meaning but terribly destructive impact of aid. Too much help and people become dependent and childlike. The most paranoid saw it as a foreign plot. It wasn’t and it isn’t, a plot to disempower, but never underestimate the destructive power of good intentions. As the maxim has it – no good deed goes unpunished, or, in every gift there is a curse.
Nothing changes unless the culture changes and cultures can only effect constructive change from within. Yes, there are outside influences, but the motivation for change must come from the culture, because anything imposed from the outside will just be more ‘icing’ on a mouldy ‘cake.’ If the culture in which people live does not change for the better then they will not change for the better and the causes of the problems will not change and the original dysfunction will continue and manifest into new forms.
Some one trillion in aid, US dollars, has been poured into Africa in the past 50 years and the average person is worse off than they were half a century ago. Aid does not work, at least beyond immediate crisis situations, and even then, as I saw, those in power often collect the aid the West sends in times of crisis and sell it on to other countries, with none of it going to help their needy. In their world, their needs come first because that is how people think and that is how their world works. That is also a major problem in Aboriginal communities.
Ongoing Aid encourages and entrenches a mendicant attitude and brews even worse corruption. It weaves itself into the foundational culture and changes nothing for the better. If the aid manifested as planned it could help, but such plans mostly fail because they do not take into account, human nature.
Most great, noble and revolutionary plans fail or go awry, like religion and communism, because they do not take into account human nature. And even the successes have sharp unexpected edges. Provide something useful to the women in tribal societies and it’s a good chance the men will take it for their own use. Why would the donors think that something useful would remain in the hands of women who are inferior in the society and under male control? But think it they do, because when they ask their questions, everyone smiles, including the men, and says Yes!
What is meant to happen and what actually happens are frequently two very different things. As an example, most would agree that ready access to water is critical and that women in Africa having to walk kilometres to get water and carry it home in buckets, is a major problem which should be addressed. And it was, with campaigns to construct wells and pumps, or to provide pumps to wells, in each village. A noble, admirable idea. So, what happened?
Local chiefs would either take charge of the well and dictate who could use it, or remove parts for construction and maintenance of their own personal well. And, when equipment broke down, who was going to pay to fix the well? Indeed, who had been taught the skills to fix the well? The Mzungus (whites) with the money of course. And that is why Africa is littered with broken water pumps. No-one thought it through. But it certainly seemed like a good idea at the time. I have since read there are now charities which seek to help locals repair the pumps.
Another great idea was providing mosquito nets for people. This happened when I was living in Malawi, for more than five years, a tiny country along the edge of a huge lake. The nets were provided and what happened? Well, ever resourceful the locals thought they would make great fishing nets. Who cares about mosquitoes? They had always lived with them. And that is what they did. Except those innovative Mzungus had provided mosquito nets drenched in poison to, well, kill the mozzies and so, using them as fishing nets soon had the fish in the lake dying. Not only were the locals now without mozzie nets to possibly offset malaria, they were without food on which they relied to survive. No-one thought it through, but it seemed like an excellent idea at the time.
The same problems exist with Aboriginal communities for the same sorts of reasons. These places are riven by familial, tribal and traditional divisions. They do not and cannot agree on anything most of the time, except when someone comes along and wants to give them something when the answer is a communal yes and where no-one, giver or receiver, thinks it through. Well, thinks it through carefully and strategically enough. Lots of thinking but much of it in the realms of assumption if not fantasy.
Aid is most often based on what people on the outside think others should be, do or have, without those making decisions actually understanding who the people they want to help actually are, how their world works and the social and cultural dynamics which will influence any help provided. If they have any sense of the alien culture with which they are dealing it is usually a romanticised, invented fantasy of culture rather than the real thing. They mean well. Yes, they do, but in idealism and ignorance they also do great harm and waste a great deal of money.
I have a family member who worked as a social worker in Aboriginal communities in Alice Springs and Darwin, who said a major problem is that if you ask people in these communities a question they will usually say Yes. It is the same in Africa. Partly it is because in many of these cultures, yes, is the polite answer and also the goal is to please the powerful and rich person in front of you who wants to give you things. Why would anyone say no to a gift?
So, houses are built for those in Aboriginal communities without taking into account that if someone dies in a house, in such primitive tribal communities, no-one can sleep in that house anymore. Aboriginal cultures in 1788 were highly superstitious, as indeed were all humans at stone-age levels of existence, and these superstitions have endured in those communities which are the least assimilated into the modern world. Leaving a simple Wurlie now inhabited by the ghost of someone dead, and whipping up a new one with a few branches and bark, is a very different matter to replacing a community of abandoned houses. Whose fault is it that the houses are now deemed uninhabitable because of superstitition?
As another example of what can go wrong when you paste the modern world onto an old one: stoves are provided in kitchens. Without taking into account that the normal cooking practices are to throw an animal onto the fire and so, they do the same thing with the cooker, turning on all the hobs, putting the animal on top, and very soon it is so full of animal fats and juices it no longer works. Those using the cooker have, seemingly, no idea this will destroy it and certainly no idea how to fix it, if indeed they could embrace such a concept of repair in a world where ‘ask and it shall be given’ is how things work. Another broken piece of modern equipment littering the land as water pumps do in Africa. And for the same reasons, no-one thought it through. But they did mean well, and everyone agreed it was a good idea at the time.
I also have family members who have been actively involved in negotiating with Aboriginal communities and the same factors are in play. Yes, is a good answer if it pleases the person in front of you and is likely to be of benefit, but saying Yes requires that it accords with the dictates of whoever runs your family and tribal group, regardless of what the needs of the community or what your personal view might be.
When mining companies want to build useful structures in a community, like a school and health centre, they will have to deal with individual ‘needs’ and wants which will be about money and Toyotas. The power-brokers in the community are out for themselves and the mining companies are out for the community, at least in terms of these consultations, and foolishly believe they are negotiating with people who care about the community when they only care about themselves. And yes, no doubt there can be exceptions but they too are imprisoned by the system.
Generally, the outcome for the Aboriginal community will be a school or a health centre, not both, and the rest in money and cars. Without such concessions no agreement can ever be reached and no mine will ever be built. The school and health centre would of course meet the needs of everyone in the community and the money and cars will meet the needs of a few in the community – the most powerful. Remote areas of Australia are littered with trashed Toyotas. They are our ‘water pump’ equivalent. Perhaps a charity can be set up to teach the locals to repair and restore them. What does it matter when there will be another car gifted? What does it matter when only today is relevant?
I know that sounds harsh, but, in such cultures the only thought is for today and what tomorrow or next week may bring is irrelevant. Thinking ahead, is, or was, a European/Western approach to life and is no doubt a reflection of more developed societies. They are more developed because they began to think ahead, to plan strategically, to embrace and manage change; to be aware of outcomes.
This is why the local Aboriginal community for the Argyle Diamond Mine in the Kimberley region of WA, despite forty years of substantial royalties in the many millions, achieved very little, if anything beyond some heady personal gains. And when the mine closed recently, were bemoaning the loss of such monies and the penury it would bring. They had forty years to put millions to good use and they did not. Why? Because they did not and do not think in such a way and their tribal structures and systems do not allow such thinking.
The dangerous assumption made by those looking to help, is that they are dealing with people who think as they do. That is the thing about cultures, they are different and they are certainly not equal. Never assume the person to whom you are talking thinks as you do, let alone understands how you think or even cares.
During my time in Africa, there would be people, including fairly well-educated individuals, who would do the silliest things, often involving theft, where it was guaranteed, they would be found out, but which they did all the same because they could not or would not think past the moment. And they held superstitious beliefs which they were certain would protect them.
There was a case in Malawi when two workers on a mining site decided to steal a television set from one of the Dongas. They had bought themselves some ‘magic dust’ which would make them invisible. One presumes they had enough to liberally sprinkle on the television set as well. But they must have bought a dud batch because as they walked up to the gates, intending to exit when they opened, the guards challenged them and asked why they were carrying a television set out of the camp. The expressions on their faces would have been priceless.
That, however, is how different mindsets can be in cultures which have not assimilated into the modern world. How could anyone believe such a thing, you might ask? Good question, but they do and such ways of thinking are also a part of Aboriginal tribal cultures and their reality is ignored at everyone’s peril and that is one major reason why these communities are worse today than they have ever been, despite all that help.
When René Descartes wrote: Cogito, Ergo, Sum – I think therefore I am, it was to make a case that our capacity to think was proof that we existed. That may well be the case, but it is worth remembering that a more useful maxim is – What I think creates what I am and cultures create how and how much people can think. All thinking is not equal.
Tribal communities are rarely self-reflective because that did not help them when they were nomadic hunter-gatherers. They learned to do what they were told by whoever ran the tribe, usually an old man, the chief, in Africa, and in Australian Aboriginal societies, a number of old men. Their word was law and anyone who challenged it was dead. And if death was not the outcome, the community/tribe would often wreak punishment in the form of banishment from the group, which, meant death anyway.
And today, where these tribal societies continue to exist, the chief, or ‘head man’ or Elder or whatever name you want to give the boss, will dictate what can be done. Anyone who goes against that will not last. For instance, in an African village if someone wants to plant something different in their garden, they risk the wrath not just of the chief but of the other villagers. The tribal mentality, a backward mentality once expressed by all humans at less developed levels, is that ‘everyone is in the pot’ and those who try to ‘climb out’ must be pulled back into the pot.
Modern minds interpret this as ‘community co-operation.’ It is not, it is tribal dictatorship and community control. No doubt this attitude originated in hunter-gatherer societies where it was necessary to come together in order to survive. People worked together in order to eat and to eat was to survive. Without this primal and primitive need, and beyond the dictates of the chief, what was there to bring people together?
There remains a primal instinct that the group must remain together for survival, even when there is no evidence, in the current reality, that is the case. Old habits die hard. Individualism must be countered at any cost. This of course does not apply to wealth or power for those in a position to take and hold wealth and power. Might is right in such cultures.
Into the equation came the missionaries and the colonists who brought aid, in essence, a form of wealth. ‘Sit-down money’ the acute aborigines originally called it and sit-down money it was and it is. When someone provides you with food, shelter, support, then all you have to think about is how much of it you can get for yourself. There is no longer any need to work together, to function as a community. Why work when it is handed to you on a platter?
The world frays at the edges and begins to tear inwards to a centre which cannot and does not hold. In Aboriginal communities as in Africa the same attitudes are all too commonly at work – self first and foremost, immediate family second, extended family a possible third and everyone else can go to hell. I had well educated and successful men describe this reality to me in both Angola and Malawi when I lived there. That is why African countries are pretty much basket-cases, including South Africa, which once handed over to African tribal entities, began gurgling down the plughole of corruption.
That is why Aboriginal communities are the disasters that they are – because the same dynamics are at work. People think differently which is why cultures are different. Turn a tribal hunter-gatherer society into a mendicant society and you get dysfunctional humans and cultures which cannot function in any world; the one which no longer exists and can no longer exist but which they pretend still exists, or the one they need to join, but are encouraged not to join beyond the material and mechanical which is gifted – the modern world. How could anyone remain functional caught between two such worlds?
And yes, of course there are exceptions because there are always a few rebels in every society, but they are a minority and there are not enough of them to bring about the necessary changes. Aid has created a mentality where people see themselves, indeed are told they are, entitled victims. Holding out hands in order to receive what you are told is your ‘right’ and due, is easier than using those same hands to work hard to change yourself and your world.
Working to end the mendicant mentality must come from the outside with a slow easing of the flow of aid and support for these communities which are destroying people, particularly children, in ways which should never be allowed. History reveals that Aid has not worked and that welfare, beyond short-term, does more harm than good.
If it seems like a good idea, it probably isn’t. At least not without very careful consideration and prolonged and informed thinking it through.

John Sheldrick
June 15, 2022 3:40 am

Davey Boysays:
June 15, 2022 at 3:07 am

That’s a War and Peace post if ever there was one.

Tom
Tom
June 15, 2022 4:00 am
Tom
Tom
June 15, 2022 4:01 am
Tom
Tom
June 15, 2022 4:02 am
Tom
Tom
June 15, 2022 4:04 am
Tom
Tom
June 15, 2022 4:05 am
Tom
Tom
June 15, 2022 4:06 am
Tom
Tom
June 15, 2022 4:07 am
Tom
Tom
June 15, 2022 4:08 am
Tom
Tom
June 15, 2022 4:09 am
Tom
Tom
June 15, 2022 4:09 am
Tom
Tom
June 15, 2022 4:10 am
Tom
Tom
June 15, 2022 4:14 am
Tom
Tom
June 15, 2022 4:14 am
win
win
June 15, 2022 4:44 am

Sorry slip of the thumb. For Spooner.

Gabor
Gabor
June 15, 2022 4:53 am

Davey Boy says:
June 15, 2022 at 3:07 am

A very good read.

I know that sounds harsh, but, in such cultures the only thought is for today and what tomorrow or next week may bring is irrelevant.

Unfortunately, that’s the way the politicians, come do-gooders think as well.

win
win
June 15, 2022 5:21 am

Davey Boy 3.05am . At least the missionaries brought education health and medicine. The rot really set in when the Aboriginal community caught the eye of political strategists and became political ammunition. Now they have been dumped in favour of illegal immigrants leaving the likes of Jacinta Price to clean up the mess.

Diogenes
Diogenes
June 15, 2022 5:41 am

Davey Boy says:
June 15, 2022 at 3:07 am

Indeed, an excellent read, and makes the point that Starkey does with the west, not everybody thinks the same, even similar cultures like US/UK, and we have to stop assuming they do.

Fair Shake
Fair Shake
June 15, 2022 5:44 am

Thank you Tom. Warren Brown for me. We really are a country of fools.

Fair Shake
Fair Shake
June 15, 2022 5:48 am

The Australian has an article on the lefts drive to ‘clean up’ politics in Canberra. Yet in another article left strategists proudly boast how they played the man and went after Scomo to win office.
So the left will clean up politics until the next time they run into an obstacle. …so until 9am then.

Dot
Dot
June 15, 2022 6:22 am

Anyone seen this strap on glow in the dark member Xtina Aguleara was wearing?

Certainly puts the context of Genie in a Bottle under examination!

bespoke
bespoke
June 15, 2022 6:24 am

I have no side in this fratricidal conflict. I wish they’d stop, but I can’t see it happening anytime soon.

Me too BoN.

Cassie of Sydney
June 15, 2022 6:33 am

“Gaborsays:
June 15, 2022 at 12:43 am”

Agree. Though some of us here are aware of both sides.

Gabor
Gabor
June 15, 2022 6:36 am

I know some here detest or at least ridicule ‘Wog-ball’ but this match England – Hungary was a gem.

Just a hint, it’s a game of strategy not unlike chess and there is no “close enough is good enough” give ’em a point.

Hungary-England 4:0

Cassie of Sydney
June 15, 2022 6:41 am

“Yet in another article left strategists proudly boast how they played the man and went after Scomo to win office.”

That was obvious, and it was initiated last year with the Porter and Higgins stuff and so the smearing of Morrison as having a “women problem” began in earnest. The left then launched their campaign from there.

There was plenty…and I mean plenty….of stuff to use against Albanese and Labor. But the Liberals, always inept, always on the backfoot and always thinking they should be nice, were paralysed and all they could vomit up in the election campaign was “it won’t be easy under Albanese”. Until the right stop playing nice and start playing hardball then this will continue. In fact, I would argue that the recent election campaign was almost as bad as the 2016 campaign….although Morrison was a very good campaigner, it failed to curb the electoral slaughter.

Knuckle Dragger
Knuckle Dragger
June 15, 2022 6:45 am

Stefanovic the Younger informs me this morning that monkeypox is to be renamed after 30 apparent scientists wrote to somebody saying that the current name is offensive and racist.

I full agree with this sentiment.

From now on, it should be named poofterpox.

Knuckle Dragger
Knuckle Dragger
June 15, 2022 6:47 am

*fully agree*

Every goddamned morning.

bespoke
bespoke
June 15, 2022 6:49 am

Lift ya game, KD.

feelthebern
feelthebern
June 15, 2022 6:49 am

Russian gas into Europe via all pipelines now at 206mcm/d down from a 350m peak this year.
At the same time, total Russian gas exports are up since Feb.
Global customers are buying Russian gas (at a steep discount) as fast as they can organise the ships.
Meaning gas is becoming less of a bargaining chip for both sides.
Meaning this is going to go on for a lot longer.

Fuck I feel sorry for the punter on the street in Ukraine.

Farmer Gez
Farmer Gez
June 15, 2022 7:12 am

Just watched Chris Waller trained Nature Strip leave the field behind in the Royal Ascot 1000 sprint.
One Pommy race caller on video called the horse Nature Stripe the whole way. We have the best callers and that’s not in dispute.

feelthebern
feelthebern
June 15, 2022 7:16 am

We have the best callers and that’s not in dispute.

The worst callers are Americans.
They pretty much only commentate on the front 2-3 horses for most of the trip.

Knuckle Dragger
Knuckle Dragger
June 15, 2022 7:22 am

Nature Strip is a traitor and a shallow cocksmoker.

Got his Nazi pass, which made my life immeasurably worse.

calli
calli
June 15, 2022 7:22 am

The tribal mentality, a backward mentality once expressed by all humans at less developed levels, is that ‘everyone is in the pot’ and those who try to ‘climb out’ must be pulled back into the pot.
Modern minds interpret this as ‘community co-operation.’ It is not, it is tribal dictatorship and community control.

Yet it happens in modern society too. Think differently and some loudmouth will try to put you back in your box. Challenge the tribe and you’re toast.

Look at our current suite of preoccupations – climate change, vaccination, military conflict – and attempt to test the waters with a different point of view.

The “magic dust” notion works particularly well with the first two. How much magic dust has been sprinkled and at what cost regardless of its efficacy? And people still believe in spite of the evidence to the contrary because everyone else seems to.

Thanks Davey Boy – that warmed up my brain on a cold, cold morning.

calli
calli
June 15, 2022 7:28 am

Stiglich is clever this morning.

Warren Brown points out the problem of too much Magic Dust.

Dr Faustus
Dr Faustus
June 15, 2022 7:30 am

Xi Jinping announces plans to allow Chinese military to undertake ‘special military operations’ abroad

“Chinese troops can prevent spillover effects of regional instabilities from affecting China, secure vital transport routes for strategic materials like oil, or safeguard China’s overseas investments, projects and personnel,” the report in the Global Times said.

Cheer up.

feelthebern
feelthebern
June 15, 2022 7:33 am

Media reporting an exclusion zone near Ipswich due to a truck accident that was carrying dangerous chemicals.
Sure it was.
Clearly a cover story for bussing people to the camps.

feelthebern
feelthebern
June 15, 2022 7:34 am

& no masks in airports from Friday.
Wonder which airport will be last to adhere to the new guidance.

Cassie of Sydney
June 15, 2022 7:36 am

Alan Jones is in superb form on his nightly programme on adh.tv. Last night he spoke some plain old-fashioned home truths, and he doesn’t mince words….

“We are a first world country for God’s sake”.

“This is a “huge massive dereliction of duty by our politicians, flawed policy and one which I’ve been warning about for years and years. As a result Queensland narrowly missed a night of blackouts but there are warnings that another increase to power bills could be on the cards as the energy crisis deepens”.

“This is happening because of the premature closures of coal fired power plants to meet political ideology”.

“I’ve warned until I’m blue in the face that without coal fire power we are cactus, it is that simple”.

Chris Bowen and his predecessors are the problem, they set the policy by genuflecting to renewables and decarbonisation, by both Labor and the Liberals, which is the root cause of this mess”.

Well said Alan.

Fair Shake
Fair Shake
June 15, 2022 7:39 am

“Chinese troops can prevent spillover effects of regional instabilities from affecting China, secure vital transport routes for strategic materials like oil, or safeguard China’s overseas investments, projects and personnel,” the report in the Global Times said.

Australia think again about overturning the cuckold Darwin Port lease agreement. We’s been warned. Good to see the renewed dialogue is having a positive affect.

lotocoti
lotocoti
June 15, 2022 7:39 am

Jaysus.

We’ve got about 50 per cent of the children in reception and nursery who are not toilet-trained. We have to employ care workers just to change nappies. We’ve got children who are still drinking from bottles with teats when they start school.

No doubt all the fault of those Tory scum in Westminster
for not taking charge of all parenting responsibilities.

Dr Faustus
Dr Faustus
June 15, 2022 7:42 am

Victoria Energy Policy Centre director Bruce Mountain said Australia was in an “absolute market crisis”.

Professor Mountain said generators are largely shielded from volatile spot prices (the market value for energy) and effectively holding production to drive up prices.

“Nothing like this has been experienced in Australia,” Professor Mountain said.

“What’s really going on, I suspect, is bullying by the coal and gas producers – they’re pointing to the spot prices.”

He said most generators secure their fuel through contracts with the price locked in months in advance.

“I suspect this is quite possibly a very serious case of market cornering,” Professor Mountain said.

“We need an independent inquiry into the extent to which their production is affected by spot prices.

“I don’t think we can accept at face value the idea that the generators are blameless.

“Serious government action is needed now.”

Technical note: What’s really going on, I suspect, is bullying by the coal and gas producers – they’re pointing to the spot prices.

Coal and gas producers are playing their own games. However, it would be helpful if Prof. Mountain didn’t confuse the roles producers and generators play in the electricity market.

Cassie of Sydney
June 15, 2022 7:43 am

“cuckold Darwin Port lease agreement. “

Done by a Coalition government.

Perfidious Albino
Perfidious Albino
June 15, 2022 8:05 am

Thanks Davey Boy – a thoughtful piece that accords with my own unexpressed thoughts.

In some respects you could apply the same ‘ongoing aid creates mendicancy’ to the GST carve-up and NEM…

JC
JC
June 15, 2022 8:07 am

feelthebern says:
June 14, 2022 at 3:04 pm
JC, are they wearing masks?

No, it was L.A. and you don’t have to wear masks.

vr

I’d bet the dirtbag is still be paid.

calli
calli
June 15, 2022 8:08 am

Lotocoti, teachers and parents have been reporting the same sort of thing here.

The toilet training issue is sheeted back to parental laziness and neglect and the “comfort” of disposable nappies over terry towelling. Toilet training a child takes time, application and a parent to be present at all times and willing to clean up often atrocious poopy horrors. Parents are outsourcing this most basic of responsibilities to child care or not bothering to do it themselves. It is not a feature of deprived areas – it is a widespread social failing.

The language delay – parents do not seem to speak to their children normally, if they speak to them at all. There is some sort of weird argot going on, often well after the child goes to school (I am an inveterate and unashamed eavesdropper). Parents preoccupied with their devices, anxious about what some random internet droob thinks or does, while avoiding that most delightful and affirming activity – interacting with their child. Again, this is not a feature of poverty, it is happening everywhere.

Children are hard work. The work-shy should think again before popping out a designer baby or two.

OldOzzie
OldOzzie
June 15, 2022 8:11 am

Further Liberal Party/Australian Government Stupidity

NSW government knocked back Origin offer to sell Eraring power plant

The NSW government considered a pitch to buy the loss-making Eraring Power Station in secret talks with Origin Energy last year. But the deal fell apart amid government concerns that underwriting a plan to keep the coal-fired power station open longer could “crowd out” other investments in energy.

After negotiations failed Origin announced the closure of Eraring in 2025.

Origin first approached the NSW government in mid-2021 with a pitch to hand over control of the NSW Central Coast power station under a deal that would transfer ownership to the government in 2023 financial responsibility from 2025 onwards.

A presentation to government in July 2021 opening talks on a deal was blunt about the challenges Origin faced at the ageing power plant, which the company expects could cost $10 million a month to operate from mid-2025.

“The market shift to renewable energy coupled with commitments to build more dispatchable capacity means Eraring is already loss making and this position will deteriorate over the decade,” an Origin briefing pack to the government stated.

“We recognise the implications of the Eraring closure and we have developed a proposal to support the state in minimising disruption and mitigating the impacts on security and pricing.”

A timeline drafted by the government’s investment banking adviser ICA Partners revealed negotiations opened on November 1, with several options canvassed for Origin to hand over control of the plant from 2025.

Part of the deal included Origin committing to a building an 800MW, two-hour battery next to the plant and potentially expanding a Shoalhaven pumped hydro facility.

By November, the government said it could decide ahead of Origin’s half-year results in February. But by December the deal had fallen over, and Origin walked away citing uncertainty about the retirement date and other issues.

“Origin wants the state to operate the plant post-2025 and sell back to Origin a block of power. State wants an insurance model that allows the plan to operate post-2025 only as required for reliability purposes,” ICA Partners investment banking adviser Michael Siede is recorded to have said in a final briefing note. The government did not want to be seen to be influencing market outcomes, he added.

The documents reveal government fears over taking on risks it could not control and that committing the power station to operate for longer could discourage or “crowd out” investment in other energy sources. The notes also reveal a government preference to keep the plant open using extensions to address shortfalls in supply rather than committing to a specified time frame.

A note prepared by the Department of Planning, Industry and Environment on December 8 reasoned that the power station was “not expected to be needed for price or reliability beyond June 2025” and that extending its operation beyond 2025 could expose consumers to unnecessary costs while “outcrowding” other investments.

Government advisers also reasoned that Origin was a “socially responsible” organisation and would not shut the plant down in 2025 if the market needed the supply. Two months after the talks failed, Origin announced it would close Eraring in August 2025.

The NSW government attempted to keep the sensitive documents under wraps using a claim for privilege which was ultimately dismissed in late May.

The dossier lays bare six months of high-stakes negotiations with the energy giant who spruiked the deal as a solution to lock in certainty over the state’s energy supply as broader questions were surfacing over when Snowy 2.0 would come online.

As revealed by The Australian Financial Review, Snowy 2.0 will not begin dispatching power until late this decade after unexpected project blowouts, potentially prompting a shortfall and forcing states to reconsider their opposition to using coal and gas in a planned capacity market mechanism.

An Origin spokesperson confirmed the discussions.

“Origin undertook extensive discussions with the NSW government to identify what options might exist for the future of the plant. However, these concluded when no agreement could be reached.”

A spokesperson for Energy Minister Matt Kean declined to comment on the talks but said the current situation in the energy market was being driven by external factors, not future closure dates.

“Eraring will not close until 2025 at the earliest, as announced to the ASX by Origin Energy,” he said.

Under one plan pitched by Origin, the government would assume control of the power station from 2023 and would start covering costs from 2025 onwards until its final closure date.

After the transfer in 2023, Origin would keep two units open for two years and operate the plant on the state’s behalf while the state paid all costs for the plant to an agreed budget plus coal costs, with a defined volume and price off-take agreement in place.

The state said it wanted to explore the possibility of keeping four units in operation and whether there could be a mothballing option for some months to reduce emissions.

The state offered concessions to Origin including an upfront fee and a commitment to provide two years’ notice of retirement. The government also committed to selling Origin the required minimum output at discounted prices while handing the energy company the option to generate more than the minimum amount.

A schedule of expected costs prepared by Origin on one iteration of the plan showed it would cost the government just under $250 million from 2022 until 2027.

This included an annual management fee to Origin of $10 million, while the state would also cover operational and capital costs, and would pick up the cost of coal from 2025 onwards.

By that time, the government would use revenues from the plant’s output – estimated to be about $240 million a year – to offset costs, for a total cost of $71 million in fiscal 2026 and $56 million in 2027.

JC
JC
June 15, 2022 8:13 am

Fmd

10 year yield at 3.5%. Wow.

Bluey
Bluey
June 15, 2022 8:15 am

Another anecdote of life in the people’s republic of victoria.

A friend of mine did a shutdown job in the north of Melbourne over the weekend, where a bloke had a red hot go at severing his arm with an angle grinder. They do first aid and call 000.

No ambulance available. Call a taxi.

They chuck him in the back of a car and drive to the nearest hospital, which they can’t actually drive to the emergency department because vehicles are backed up onto the arterial road nearby. So old mate missing big chunks of his arm has to walk from there into emergency and cause a scene to get any attention.

The health system isn’t failing. It’s failed. What’s happening now is just the disintegration happening in real time.

JC
JC
June 15, 2022 8:15 am

Being paid

calli
calli
June 15, 2022 8:15 am

“I’ve warned until I’m blue in the face that without coal fire power we are cactus, it is that simple”.

I can’t get that Magic Dust metaphor out of my mind. It’s a winner.

The Great and the Good and the Smarmy thought they could create sufficient energy from renewables by using Magic Dust and sneak it by the Laws of Thermodynamics at the gate. And make muchos $$$ in the process.

Caught!

Sancho Panzer
Sancho Panzer
June 15, 2022 8:18 am

I think I will call my next racehorse “Cocksmoker”.

The Beer whisperer
The Beer whisperer
June 15, 2022 8:22 am

A questions for economics Cats. Sorry if this sounds silly, but it’s something I never see discussed, only government spending, not printing per se.

If printing money creates inflation, then shouldn’t taking money out of circulation reduce it? I’m aware that this creates its own issues, but we know interest rates are a blunt instrument.

Mak Siccar
Mak Siccar
June 15, 2022 8:25 am

Another critique of the stinking carcass that is the remains of the Lieboral Pardee.

https://quadrant.org.au/opinion/qed/2022/06/slithering-and-pandering-on-the-road-to-ruin/

An extract.

An enduring lesson of Australian politics is that right wing politicians (and journalists) who attempt to cultivate their ideological opponents never win them over, but always bleed away their own support base. Differentiate yourself from your opposition, and do so on things that matter to voters, that is key. Minor parties in Australia have dubbed the two major parties here the Lib-Lab duopoly and similar epithets. James Allan, borrowing a phrase that I, in turn, borrowed from someone else, has said that the Liberals have not been “Labor-lite”, they have been Labor-heavy. So too with Boris. Does anyone in Britain think he is a conservative (whatever else he might be)? As Allison Pearson tartly observes:

We thought we were voting for Winston Churchill and we got the shifty offspring of Edward Heath and Greta Thunberg.

Bluey
Bluey
June 15, 2022 8:25 am

The Beer whisperersays:
June 15, 2022 at 8:22 am
A questions for economics Cats. Sorry if this sounds silly, but it’s something I never see discussed, only government spending, not printing per se.

If printing money creates inflation, then shouldn’t taking money out of circulation reduce it? I’m aware that this creates its own issues, but we know interest rates are a blunt instrument.

Try this.

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

feelthebern
feelthebern
June 15, 2022 8:27 am

At least the Fed has made sure no one will be surprised when they go 75bps tonight.
Unlike the RBA that blindsided all but 3 of 29 economists that get polled in Australia re rates.
The RBA really doesn’t know have much of a strategy apart from follow the Fed.
They have much less of a strategy regarding guidance.

Wally Dalí
Wally Dalí
June 15, 2022 8:27 am

What’s you mechanism for taking cash out of circulation, BW?

H B Bear
H B Bear
June 15, 2022 8:27 am

Well said Alan.

The Parrot’s fingerprints are all over the gas shortage.

The Beer whisperer
The Beer whisperer
June 15, 2022 8:33 am

What’s you mechanism for taking cash out of circulation, BW?

Banks routinely return old notes for replacement. You would simply replace it with an appropriate ledger compensation.

The Beer whisperer
The Beer whisperer
June 15, 2022 8:34 am

Try this.

Thanks, Bluey. Will read now.

The Beer whisperer
The Beer whisperer
June 15, 2022 8:36 am

Ugh, link broken, Bluey. Got another one?

H B Bear
H B Bear
June 15, 2022 8:36 am

The Rwandan Solution stalls on take-off. What happened to Africa for Africans?

calli
calli
June 15, 2022 8:36 am

The Parrot’s fingerprints are all over the gas shortage.

Shut the Gate with your frozen fingers and keep it shut with your stiff corpse.

Or open it and stay warm.

Mother Lode
Mother Lode
June 15, 2022 8:38 am

Perhaps most astonishing about the Libs is that they can have a line up replete with Debate Club alumni and they still can’t mount a decent rebuttal to the swill Labor and the ABC tip out at us all as a matter of course.

Even back in Porter’s uni days the politically aspirant were already abusing institutions. Lefties using it as an infants swimming pool to practice and exercise politics, and the young Liberals using it as a place for getting laid.

Nobody really looking at debating skills.

And, sure enough, debate in this country is wasteland. Looking at some of the talent they have in the US, watching them articulate arguments in interviews – then compare to the soporific ooze we get. Of course, in the US the parties (well, the GOP) has a little less control over candidates and one can get through who is content to upset the establishment.

I can’t help but wonder how things might have fared for the Libs had the Warringah Motion got through. But then the Liberal party’s faceless men would have found their little envelopes stuffed with cash from their more sordid liaisons beginning to get a bit thinner.

Sancho Panzer
Sancho Panzer
June 15, 2022 8:38 am

H B Bearsays:

June 15, 2022 at 8:27 am

Well said Alan.

The Parrot’s fingerprints are all over the gas shortage

Yes.
Screamed “Lock The Gate!” for ten years and now it’s all “Oh shit! No gas!”

Old School Conservative
Old School Conservative
June 15, 2022 8:39 am

Thank you Davey Boy for the wall of text. Excellent reading.

OldOzzie
OldOzzie
June 15, 2022 8:42 am

Davey Boy says:
June 15, 2022 at 3:07 am

Some early morning reading, from The Breaking Up: Australia’s history since 1788
(Bit of a text wall, I wonder if it will post…)

IT SEEMED LIKE A GOOD IDEA AT THE TIME.
By Roslyn Ross

Why are Aboriginal remote communities such cesspits of dysfunction? It cannot be blamed on a lack of money, attention or time invested in solving their problems.

Davey Boy an excellent post – I have saved in Notes with correct paras for future reference

A Couple of bits struck a chord from personal experience

So, houses are built for those in Aboriginal communities without taking into account that if someone dies in a house, in such primitive tribal communities, no-one can sleep in that house anymore. Aboriginal cultures in 1788 were highly superstitious, as indeed were all humans at stone-age levels of existence, and these superstitions have endured in those communities which are the least assimilated into the modern world. Leaving a simple Wurlie now inhabited by the ghost of someone dead, and whipping up a new one with a few branches and bark, is a very different matter to replacing a community of abandoned houses. Whose fault is it that the houses are now deemed uninhabitable because of superstitition?

As another example of what can go wrong when you paste the modern world onto an old one: stoves are provided in kitchens. Without taking into account that the normal cooking practices are to throw an animal onto the fire and so, they do the same thing with the cooker, turning on all the hobs, putting the animal on top, and very soon it is so full of animal fats and juices it no longer works. Those using the cooker have, seemingly, no idea this will destroy it and certainly no idea how to fix it, if indeed they could embrace such a concept of repair in a world where ‘ask and it shall be given’ is how things work. Another broken piece of modern equipment littering the land as water pumps do in Africa. And for the same reasons, no-one thought it through. But they did mean well, and everyone agreed it was a good idea at the time.

When mining companies want to build useful structures in a community, like a school and health centre, they will have to deal with individual ‘needs’ and wants which will be about money and Toyotas.

Generally, the outcome for the Aboriginal community will be a school or a health centre, not both, and the rest in money and cars. Without such concessions no agreement can ever be reached and no mine will ever be built. The school and health centre would of course meet the needs of everyone in the community and the money and cars will meet the needs of a few in the community – the most powerful. Remote areas of Australia are littered with trashed Toyotas. They are our ‘water pump’ equivalent. Perhaps a charity can be set up to teach the locals to repair and restore them. What does it matter when there will be another car gifted? What does it matter when only today is relevant?

This is why the local Aboriginal community for the Argyle Diamond Mine in the Kimberley region of WA, despite forty years of substantial royalties in the many millions, achieved very little, if anything beyond some heady personal gains. And when the mine closed recently, were bemoaning the loss of such monies and the penury it would bring. They had forty years to put millions to good use and they did not. Why? Because they did not and do not think in such a way and their tribal structures and systems do not allow such thinking.

MatrixTransform
June 15, 2022 8:43 am

Nobody really looking at debating skills.

there is no debate, the post-modern impulse has turned logic on its head

anybody that wants a debate is a bigot.

Wally Dali
Wally Dali
June 15, 2022 8:43 am

Dunno Beery. I can’t see how that could be attempted without destroying someone’s assets, somewhere, somehow.

feelthebern
feelthebern
June 15, 2022 8:44 am

Maybe butchery classes for indigenous youth would be helpful.

Sancho Panzer
Sancho Panzer
June 15, 2022 8:45 am

feelthebernsays:

June 15, 2022 at 7:33 am

Media reporting an exclusion zone near Ipswich due to a truck accident that was carrying dangerous chemicals.
Sure it was.
Clearly a cover story for bussing people to the camps

No.
Trusted sources on the innernet tell me that it was a truckload of Schwab WEF 5G Chemtrail vaccines.
Driven by an Indian crew of four.
Not all the nano-wrigglers are accounted for.

Boambee John
Boambee John
June 15, 2022 8:50 am

Blueysays:
June 14, 2022 at 10:27 pm
Bet that Pollie pay rise goes down well with all the people who last a job in the last two years, or have been struggling with inflation….

But, but, but, Parliamentary pay ( and the pay of judges and senior military officers) is set by the independent Remuneration Tribunal. Set up by Parliament, members selected by an independent process, and everyone involved knows on whom their jobs and salaries depend. But, completely and totally independent. //sarc//

Bruce of Newcastle
Bruce of Newcastle
June 15, 2022 8:51 am

I can’t get that Magic Dust metaphor out of my mind. It’s a winner.

Me also Calli. Thanks to Davey Boy for his post! My immediate thought was “masks” which are useless magic dust to make you invisible to Covid. It’s sad that society is going so antiscientific now.

Sancho Panzer
Sancho Panzer
June 15, 2022 8:52 am

It’s sad that society is going so antiscientific now.

I blame the Cult of Titus.

The Beer whisperer
The Beer whisperer
June 15, 2022 8:52 am

Dunno Beery. I can’t see how that could be attempted without destroying someone’s assets, somewhere, somehow.

It’s simply replacing cash with electronic money, but would that make any difference at all is the question.

My confusion is that printing extra money does contribute to inflation, so shouldn’t the reverse also be true?

The Beer whisperer
The Beer whisperer
June 15, 2022 8:55 am

Maybe butchery classes for indigenous youth would be helpful.

Bern, as the coroner said in Mad magazine “what would I possibly want with survivors?”

Politicians want to be seen spending money on big shiny things. What happens afterwards they don’t give a flying rat’s arse.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 15, 2022 8:59 am

With no cultural appreciation for education, demonstrated by the fact parents do not ensure their children attend school, they are also largely uneducated and illiterate which means that welfare-dependency is their destiny as written.

There’s an element among the indigenous population here that won’t send their children to school “for fear of losing their culture.”

Old School Conservative
Old School Conservative
June 15, 2022 8:59 am

Another example of Magic Dust.
Local Councils who erect signs saying “Nuclear Free Zone”.
The barrier preventing a nuclear blast from entering that LGA has been sprinkled with Magic Dust.

Reading Davey Boy’s post, the term “cargo cult” kept popping up in my mind.

H B Bear
H B Bear
June 15, 2022 9:01 am

Perhaps most astonishing about the Libs is that they can have a line up replete with Debate Club alumni and they still can’t mount a decent rebuttal to the swill Labor and the ABC tip out at us all as a matter of course.

The Lieborals play by the Marquess of Queensberry rules when you need a bare knuckle fighter or a length of pipe. Ask Wilson Tuckey.

Indolent
Indolent
June 15, 2022 9:03 am
Wally Dali
Wally Dali
June 15, 2022 9:05 am

Its my understanding that The “cash” which appears as stimulus cheques, jobkeeper payments, and the balance sheets of the RBA is created out of thin air.

feelthebern
feelthebern
June 15, 2022 9:05 am

With little real inflation, the Fed raised rates 0.25bps at a time through the first 3 years of Trump.
From 0.5% to 2.5% even though Trump moaned about it.
The Fed moving to that neutral stance was a reasonable thing.

Roll forward to 2021.
Inflation was never going to be transitory.
They should have been upping rates 25bs at a time from the second half of 2021.

Why wasn’t the Fed as vigilant during the second half of 2021 are they were for 3 years of Trump?

Bluey
Bluey
June 15, 2022 9:07 am

The Beer whisperersays:
June 15, 2022 at 8:36 am
Ugh, link broken, Bluey. Got another one?

Lets see if this try works.

Indolent
Indolent
June 15, 2022 9:08 am
Indolent
Indolent
June 15, 2022 9:09 am
Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
June 15, 2022 9:10 am

So, houses are built for those in Aboriginal communities without taking into account that if someone dies in a house, in such primitive tribal communities, no-one can sleep in that house anymore

The elders of one community in Western Australia were adept at playing that card, until one of the local station owners, thoroughly versed in tribal lore, set the record straight.

“No, the old men always said no – one could live in a house where someone had died, until the rains came, and washed all the spirits away..” Spoilsport…

Bluey
Bluey
June 15, 2022 9:11 am

Blueysays:
June 15, 2022 at 9:07 am
The Beer whisperersays:
June 15, 2022 at 8:36 am
Ugh, link broken, Bluey. Got another one?

Lets see if this try works.

Maybe if I actually put the link in….

https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy

Just click the pdf link. Or you can find it by searching the bank of england site with the key words “quarterly report money creation in the modern economy”, it came up as the 3rd result down for me.

The Beer whisperer
The Beer whisperer
June 15, 2022 9:11 am

Wally Dalisays:
June 15, 2022 at 9:05 am
Its my understanding that The “cash” which appears as stimulus cheques, jobkeeper payments, and the balance sheets of the RBA is created out of thin air.

Indeed that is a primary source of inflation. The first thing the government needs to do is stop feeding inflation. The second is to reverse it, which is where my question comes in.

The Beer whisperer
The Beer whisperer
June 15, 2022 9:12 am

Thanks, Bluey. I can see it now.

H B Bear
H B Bear
June 15, 2022 9:13 am

I think the Fed and the RBA are reluctant to raise rates because the Democrats and Liars usually induce a recession without their help.

Indolent
Indolent
June 15, 2022 9:15 am
Sancho Panzer
Sancho Panzer
June 15, 2022 9:16 am

There’s an element among the indigenous population here that won’t send their children to school “for fear of losing their culture.”

Not entirely dissimilar to a sentiment I sometimes see expressed here by (presumably) white folks.

DrBeauGan
DrBeauGan
June 15, 2022 9:16 am

Davey Boy says:
June 15, 2022 at 3:07 am

Perhaps you could send Greg Craven a copy.

No point sending any pollies a copy, they can’t read anything as complicated as that.

Roger
Roger
June 15, 2022 9:16 am

The Guardian:

‘Elbow enjoying post-election boost not seen since Rudd.’

We know how long that lasted.

JC
JC
June 15, 2022 9:16 am

Wally Dalisays:
June 15, 2022 at 9:05 am
Its my understanding that The “cash” which appears as stimulus cheques, jobkeeper payments, and the balance sheets of the RBA is created out of thin air.

You’re understanding is 100% wrong.

The government borrows the money for fiscal programs. It sells bonds into the market. The QE program is something totally different. QE is a Liquidity measure meant to soften deflationary factors. QE is essentially printing money but funding fiscal deficits is not.

  1. From your excitement with AI which in your case is Anal non Intelligence and you do seem to promote shite…

  2. which you poo pooed, seeing you always know better than everyone else I don’t agree with your outlook on TSLA…

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