Russia taking the war seriously.

Prepare eye bleach unless you’re a 65+ aged laydee.

https://twitter.com/sniperduells/status/1630245826219094017

Russian ADGies are on the ball too. Letting a army of poor conscripts with drones blow up an AWACS is “strategic” and preparing for “the pincer movements!”.

https://twitter.com/Hajun_BY/status/1629892960996282376

Black Ball @ March 1, 2023 at 9:43 am joins the growing list of Cats who should be running Treasury.

The existential irony is these people, utterly dependant on our society, are directly and indirectly leading the assault on the very society which causes them to survive.

eg montypox

Best toon from this morning IMO was Knight #1 https://content.api.news/v3/images/bin/bd3ba00dc8cf7d0aa647c4c5de69ff61 for the brilliant line “man of steal”.
Thanks, Tom.

re: “alwaysright”, by the same logic one could argue Scott Adams reads this bog.

Russia’s Economic Future – Semiconductors, Arms, And More

They claim Russia is reliant on the West but… is it actually the reverse? The eye-opening truth revealed.

Simplicius The Thinker

A lot of ink has been spilled recently regarding Russia’s economic future vis a vis the ‘crippling sanctions’ enacted by the odious Western Atlanticist powers. The pro-Ukrainian / Western-Imperialist sphere is bubbling with hubbub about the purported destruction of Russia’s manufacturing and economic potential, particularly in select, critical industries like semi-conductor and weapons manufacturing, without which it is claimed Russia’s military campaign would be in jeopardy.

But let’s take a look at a few recent revelations which paint quite a contrary picture to what we’ve been told.

I recommend reading the rest of that Newsweek article.

The U.S. oversells Russia’s putative ‘reliance’ on the West for key industries in order to disingenuously hide their own desperate reliance on Russian metals, oil, gas, energy, timber, and everything in between.

There’s more I’d like to get into regarding the specifics of arms manufacturing—what are Russia’s true stockpiles and capabilities for manufacturing shells, munitions, and guided missiles? But we can leave that discussion for Part 2

At night…it’s back to the grid. A battery is pointless because all the generated power is used, and the nonsense of using your EV car as a “battery” is pointless too.

A battery set up is a modest step away from being conscripted into a communidy battery; via a Smart Meter that will control your usage and draw down your batteries at times of grid need – completely optional, of course, unless you’d prefer a penalty infeed tariff.

Chalmers has slightly changed a rort that only affects 0.5% of the richest Australians. You are acting like he has put heads in pikes outside Parliament.

No, that’s not true.

Cry more.

You seem to think a HC driver who reinvested his earnings, net of superannuation and bought four road trains and skels/tankers/cattle trailers of his own is a class enemy. Someone like that would easily qualify for that 3 mn cap into their fifties. A blue collar job, buys their own equipment and employs other working class people in jobs that the working class generations ago could not dream of the middle class salaries.

This is a stupid thing to be wedded to monty.

Look at an ordinary general annuity.

Working class people can exceed the cap before they retire, if they are invested in the equity market.

Jim Chalmers hasn’t thought this through and you’re just impervious to reason. The narrative must be shilled.

Migration rules will separate Catholic family
By Marilyn Rodrigues -March 1, 2023

“We understand there needs to be regulations about people coming to live here and that’s part of what makes it a nice place to live. So we appreciate that there are rules and that people come here because they have a job and need to learn the language and so on.

“We are Italian but our children are Australian, they grew up here. There is no future for them in Italy.”

Dot, give me just one real example of a truck driver with $3M in super. A single one.

Your fantasy unicorns mean nothing.

The vast majority of the 0.5% who are affected by the super change are lawyers, doctors and corporate executives. Very few hardscrabble bootstrap types.

If you know none exist, how do you know that it affects 0.5% of the population?

ABS stats, Dot. Pay attention.

Monty – Argentina’s lefty government nationalized all superannuation accounts in 2008.

We are going down that same track. By the time you are at retirement age there’ll be no money for you to retire on, it will’ve been stolen.

Pick a reasonable age to start working in trucking. Pick a reasonable mean ROE for equities. Choose a timeframe leading up to retirement or pension age.

Pump the numbers assuming a known contribution rate into the general annuity formula.

3 million is not that much money.

Pay off mortgage.
Give two kids a deposit for their homes and pay off student debt.
Buy a holiday home (actually enjoy your retirement) and one investment property (earn an income).
Buy a new car.
Cash at bank to spend and not be insolvent.

These are all lower and middle class goals and would not get much change from 3 mn AUD.

10% ROE
39 years
11k p.a. super contribution

That exceeds four million dollars.

m0nty says:
March 1, 2023 at 10:41 am

If you know none exist, how do you know that it affects 0.5% of the population?

ABS stats, Dot. Pay attention.

Citation needed!

STFU dickless; every coal miner I know will have the magic number by the time they retire (assuming rub and tug doesn’t shut the coal industry down). In any event the taxes are proposed for the accumulation stage which may mean, if the taxes are sufficiently high, that they won’t achieve the $3m.

The tax change only applies for values over $3M. cohenite, don’t try to make real points, you’re not good at that stuff at all. Stick to Freudian projection.

So basically the shoppees are pissed at the truck divers and coal miners for earning more money, so they have to pay along with bastard doctors and lawyers…like Dr Jim and Mark Dreyfus, right?

“Of course not, we have Parliamentary super and our accountants have assets in our children’s and spouse’s names, which obviously are not the same!”

Citation needed!

The Prime Minister and the Treasurer.

Albanese and Chalmers said the change would affect 80,000 accounts, with 99.5% of Australians unaffected. The changes would also apply to defined benefits schemes, but the treasurer said this would require further consultation.

You have your head up your arse, monty.

It is 0.5% of the population RIGHT NOW.

It will easily be millions in the future, possibly a majority of workers without indexation.

What a incredibly stupid idea.

For the pedants, an

8000 contribution
8.8% ROE
42 years wukkin’

> 3 mn

The whole thing is absurd.

The poorest workers are forced to have superannuation contributions instead of increase their income which could be used to buy a home or up skill, and they pay a 15% contributions and 15% earnings tax.

A 30% EMTR is reached around a 200k p.a. income.

It appears that there are certain classes of people that it is perfectly acceptable to steal from. Because they aren’t you.

I seem to recall this happening before. Many times.

After a certain level of wealth, assets and income streams can be hidden. This is well known. The people caught in the middle will always be made to pay, not those at the upper end.

Monty.

Im in the second highest tax band.
Add 10% GST to that and nearly 1/2 of my income goes to supporting government.
What % do you think is edging towards “too high”.

Keeping in mind even on that income a “nice house near the city” is unaffordable without the bank of mum and dad assisting.

To the ABCcess radio credit this morning they actually gave AnAl a reaming over tax changes.
Along the lines of ‘why not negative gearing/why not shares.
AnAls response was along the lines of “we wont do that” followed by “we follow treasuries advice on what to whack taxes on”.
Not convincing at all.

“The vast majority of the 0.5% who are affected by the super change are lawyers, doctors and corporate executives. “

Why is our neighbours’ profession be a reason they deserve to be robbed?

Interesting day ahead, going to trade show, on the exhibitor/selling side for the first time. Patented test equipment in hand!

Doctors spend up to 12 years getting qualified enough to earn the huge bikkies.
Should those 12 years of NO super contributions (or piddling amounts) be credited to them?

Discuss.

Earning 500k p.a. for 20 years…as the owner of that business mole mentioned.

monty, the cap could be easily exceeded just by investing in fixed income securities or real estate rents alone.

This is about taxing, punishing and discouraging people to grow from employees to business owners.

Utterly backwards, even Keating was not about this sort of ivory tower nonsense.

Monty cant believe a smelly truckie could build a business worth millions, then use super to turn it into a retirement income.

The modern left doesn’t like real workers even though they are completely dependent upon them.

Of course, objections based on the realities of cause and effect with be blithely dismissed as “seethe and cope” from the deep thinkers.

S.O.S for the U.S. Electric Grid

PJM Interconnection sounds the latest alarm that fossil-fuel plants are shutting down without adequate replacement power. The political class yawns.

By The WSJ Editorial Board

The warnings keep coming that the force-fed energy transition to renewable fuels is destabilizing the U.S. electric grid, but is anyone in government paying attention? Another S.O.S. came Friday in an ominous report from PJM Interconnection, one of the nation’s largest grid operators.

The PJM report forecasts power supply and demand through 2030 across the 13 eastern states in its territory covering 65 million people.

There’s another problem: Demand for electric power will increase amid the growth in data centers and the government’s push for the electrification of vehicles, heating and everything else. Loudoun County, Va., boasts “the largest concentration of data centers in the world,” the report notes.

The report doesn’t say this, no doubt owing to political reticence, but the conclusion is clear.

The left’s green-energy transition is incompatible with a growing economy and improving living standards.

During an arctic air blast this past December, PJM ordered some businesses to curtail power usage and urged households to do the same. PJM narrowly avoided rolling blackouts as some generators switched to burning oil. But what will happen when those power plants shut down? A power shortage at PJM has the potential to cascade across much of the U.S.

Government officials have been raising alarms about the risks of cyber and physical attacks on the grid. But what about the accelerating danger from climate policy?

Lizzie:

I’d try the army again, the business population of Alice Springs would welcome an intervention building hostels that could provide a temporary housing solution. Once housing is available then other changes can follow.

Lizzie, you keep on getting the basics wrong. The Army isn’t there to dig shitholes for people too lazy to dig their own.
The aboriginals can dig theirs or go without, and face the disease it causes themselves.
The housing IS available, it’s just that they keep destroying it because they feel contempt for us.
It’s like the episode at Laverton? when a swimming pool was put in at bloody great expense – the first week, some little bastard of a kid shit in it. He was seen to do it, and no punishment given. But the entire pool was drained and refilled.

10

I wasn’t going to address the aboriginal issue any more, Winston, but would like to reply to this.
I certainly don’t keep ‘getting the basics wrongs’. It is you who are refusing to look at how to create changes and shoot from the hip saying it is all hopeless. There are reasons why it seems hopeless and these reasons can be addressed with some political will to apply the law. That is what is missing and that can change.

Firstly, the army is used here and overseas for many different projects especially in times of emergency. There is a situation of emergency currently in Alice Springs and other townships. The army could quickly build hostels and people could be forced to use them or return to where they came from. Laws exist re camping illegally; use them. Legitimate ‘visitors’ would have accommodation and the international eyesore would be removed. Saying the people are ‘too lazy’ may be true but it is completely unhelpful. The children will still remain feral, which is what should be prevented with a drop-in children’s hostel. Alternatively to using the army to house the latest round of blow-in campers, the local Land Council sitting on a lot of funding could cheaply purchase some pre-fab cabins and pay labour to dig toilet pits and install water tanks. They could also provide tanker services and garbage collection and property inspection. Someone should sit on them hard to do so. Adequate accommodation (nothing fancy) is what is urgently needed.

Secondly, the available housing is insufficient in townships where there is a huge influx of people from more remote communities, as there is in Alice Springs. Hostel housing would house those people on a temporary or even permanent basis; it is better than squalid camps. This is part of a drift away from remote areas and if handled properly could be in the long run a good thing. However it has to be a managed process; anyone trying to ‘camp’ should be charged with vagrancy. I am no fan of squalid tenants; they should be made to comply with legal tenancy requirements.

Basically, what we have seen here and in much public housing is a failure of political will to make people behave lawfully. That can change and needs to change. Presently the excuse of ‘culture’ prevails. It is nonsense and should be called out as such. However, lack of other accommodation leads to overloading of current housing, which is part of the problem. So start with that problem first and provide quickly constructed and movable pre-fab or other simplified accommodation, with outdoor verandahs, for those who wish to migrate in or who have a medical or other legitimate reason to stay temporarily.

Otherwise, continue to have a third world series of townships on display as a National physical and moral disgrace and have the grifters behind the idiotic Voice win hands down. I agree that politically at present my solutions, which see ‘culture’ as Gary Johns’ sees it, are unlikely to receive much attention. The old missionaries would be turning in their graves over this, after all of their good work.

A servo with 12 pumps can fill approx 60 cars an hour, if open 24 hours that’s 1440 a day max, allowing 5 minutes per fill. 7000 servos in Australia =10 million 5 minute fills a year, way more capacity than actually used or needed, it’s rare that one has to wait for a bowser, and if you do it’s usually a short wait. To fill all the cars once it takes about 1,583,000 hours, twice a week a bit over 3 million hours.

EV’s, say a minimum charge time of 1 hour, I know some say that 30 minutes is all they need but that’s not a full charge, if it’s not a fast charger it can take several hours. There’s approx 19 million registered cars alone, excluding trucks etc. in Australia if they all could fast charge at 1 hour, say twice a week that is close to 40 million hours each week where the cars can’t be used.

That means to charge all those cars, let alone other road vehicles needs at least 13 times the number of existing servos at 12 bowsers each. The real estate alone is staggering, take into account the man hours lost and down time for expensive vehicles, it’s madness, a financial disaster as well.

I won’t even mention the cost of electricity generation and distribution infrastructure.

Chalmers’ superannuation conversation is wildly popular on the Senate Crossbench:

Pocock said the change was a “good start” but that the government should revisit tax concessions that had become “taboo to talk about”, including the capital gains tax discount.

He proposed capping the number of investment properties eligible for negative gearing tax concessions at one or two.

Only one, or two tax efficient investment properties?
And how popular is that going to be?

In the 47th Parliament, there are 510 properties owned by 227 federal members of Parliament (MPs). That’s an average of 2.25 properties per MP.

Popular like Ebola, I suspect…

OldOzziesays:
March 1, 2023 at 11:34 am

That reads like the radio interview I caught a bit off.
Very techy AnAl over the possibility of Pocock being used as a stalking horse for introducing other taxes.

…
has no track with me whatsoever.
And it was “no TRUCK with me ever” at least AnAl knows proper idioms to use.

Help sought!
My 2010 Subaru Forester overheated on a country trip and popped the radiator.
A buttload of money later, it is back in the city and has a new radiator but bubbles appear when running. The mechanic sent us away, expecting us to replace the car.
Do people these days get you know, problem diagnoses and engines rebuilt? Or a parallel import new-old motor whacked in?
Or just not put more good money chasing sunk cost?

Popular like Ebola, I suspect…

As evidenced by OldOzzie @ March 1, 2023 at 11:34 am reporting Luigi ‘Three Homes’ Albanese’s enthusiastic response.

“[David Pocock] has a range of proposals and good luck to him,” he said.

“We announced what we are doing. We said exactly what we are doing yesterday and the speculative thing about someone, who’s an independent, raising some issues, has no track with me whatsoever.”

That’ll age well.

Lefties: The great replacement is a vile myth.

Also lefties “We must force change upon white areas by flooding them with diversity”

The English countryside still feels like a white middle-class club. We can – and will – change this
Dan Guthrie

Where I live in Stroud, Gloucestershire, I feel privileged to have a gorgeous view of the valleys out of my bedroom window, stretching as far as the eye can see. It’s a postcard-perfect sea of green that looks just as beautiful in summer sunshine as it does on a frosty winter’s morning. But, as a person of colour living in a rural area, many of the fields I can see feel off limits to me. A government review in 2019 found that I’m not alone in thinking this – many Black, Asian and ethnically diverse people reportedly view the countryside as an “an exclusive, mainly white, mainly middle?class club”. This is despite the 1942 Scott report, which clearly stated that there must be “facility of access for all” in rural areas.

Another scuttling urban bugman race pimp.

Chalmers is amazing.

Chalmers says Labor can be trusted as he defends breaking super election promise (Sky mainpage, 1 Mar)

Labor was not ‘contemplating’ super changes before last election: Chalmers (1 Mar)

Two whoppers and it isn’t even lunchtime yet.

Indigent and itinerant populations have always existed, and intensified during the Industrial Revolution in Britain. Drifting populations sought accommodation in existing housing and this led to the rise of urban slums. What helped stop the homeless problem from getting out of hand was the rise of boarding houses in larger dwellings in areas that were declining as favoured places of middle class occupation. Some of these boarding houses had dormitories where people could get a bed on an overnight basis for sixpence, and they were often supervised and well run by owners who had an interest in the business. Such boarding houses existed in Australia throughout the nineteenth and early twentieth centuries, but they fell prey to gentrification from the 1960’s onwards. It was also part of the culture for people who had tenancies or owned a property to take in ‘boarders’ as a means of paying the rental or rates. My parents did this for some of my childhood. This has all now disappeared from our inner cities although it may exist to a certain extent in less well off outer suburbs but its extent is unknown. There’s an investigative PhD there for some scholar fed up with post-modernism.

Today backpacker dorms provide the main casual accommodation, but they mostly insist that they don’t take itinerant workers, and service an overseas visitor market. Airbnb has arisen for the traveler market also but is more costly. An internet network of ‘couch-surfers’ also services tourist travellers seeking a bed or a room and they don’t welcome unemployed itinerants.

We now have the situation where accommodation in pricey areas means that service personnel cannot live near where they work; and in all urban areas there is nowhere for the itinerant homeless to sleep under cover. Not being itinerant and homeless might be the ultimate solution, but that’s pie in the sky given other issues such as family breakdown, substance abuse and the presence of an itinerant labour force as labour markets change. Hostel accommodation may need to make a comeback. To some extent it has done so when housing authorities purchase hotel and motel rooms for short-term accommodation, but that is expensive and has no permanence.

m0nty says:
March 1, 2023 at 11:39 am

It is 0.5% of the population RIGHT NOW.

It will easily be millions in the future, possibly a majority of workers without indexation.

Citation needed.

m0nty – just above you if you can read

The $3 million cap will not be indexed, meaning more and more people will be pushed into the higher tax rate over time.

The government promised before the election not to touch super and stands accused of breaking that promise.

https://www.afr.com/politics/federal/albanese-rules-out-touching-capital-gains-tax-on-family-home-20230301-p5cofb

My 2010 Subaru Forester overheated on a country trip and popped the radiator.
A buttload of money later, it is back in the city and has a new radiator but bubbles appear when running.

A potential sign that the overheating caused a cylinder head problem.
That should be an easy diagnosis.

“This is not …… a major change”

Then why lie about it?

m0ntysays:
March 1, 2023 at 10:56 am
Citation needed!

Albanese and Chalmers said the change would affect 80,000 accounts, with 99.5% of Australians unaffected. The changes would also apply to defined benefits schemes, but the treasurer said this would require further consultation.

LOL.m0nty=fa believes politicians and Treasury models. What a dumb mug.

m0ntysays:
February 28, 2023 at 10:22 pm

LOL there are no poor suffering workers that will be affected by this. It’s all silvertails and spivs.

Idiot Chalmers has specifically ruled out indexing the threshold.

$3M in 20 years time is only about $500k in today’s dollars.

Grim times on the streets of Double Bay.

Accommodation
Taking in boarders was a good thing; but in earlier days people generally had better manners.
Today, house-rules don’t sit well with many.

Tucker Carlson is not only a masterful editorialist, he is also one of the best interviewers on contemporary television. He asks, he shuts up and he listens.

Please take note, Team Sky.

The result is gold like this: Vince Everett on Democrat perverts…

https://www.youtube.com/watch?v=Drtte-G2kPU

Even now what Perrotet is saying is disgusting. Vaccine mandates aren’t ok even if they stop transmission – not that they ever could because only lunatics who substitute the TV for their own observations believe in contagious disease.

Forced medication is a form of extra-judicial murder (or attempted murder) and is therefore completely incompatible with civilisation.

With no mortgage and no requirement for travel to work, that money can go a long way. Just ask Lizzie.

Why ask me? I don’t keep tabs these days on where it all goes. We get quite a bit more Super than $150K per year and still draw down on savings for some of our travels and for big cash purchases such as a new car. Ask Hairy. He’s the financial genius around here.

Also Tucker…

Brilliant editorial on the origins of the Ukraine War.

His conclusion is correct: its supporters are mentally unwell.

https://www.youtube.com/watch?v=O7I5mrWipls

dover0beach says:
March 1, 2023 at 12:29 pm

Aimee Terese
@aimeeterese
“The US will have to send their sons and daughters exactly the same way as we are sending our sons and daughters to war. And they will have to to fight, because it’s NATO that we’re talking about, and they will be dying.” – Zelensky

Hard pass.

From the Comments

Apparently Zelensky is our Commander-in-Chief now?

The reason there is a shortage of housing is because the housing gets trashed.
Why would hostels be immune?

Because they would be properly run and the law applied against lawbreakers.

That’s the only way forward.

In Alice Springs trashed housing should be brought back on the market and the law applied.
There would still not be enough of it for the influx of newcomers from the remote settlements.
So hostels provide one answer, and an immediate answer for kids on the streets.

A move from ‘culture’ and towards the law that applies to all other Australians is needed.
I’ve never said anything else but that.

A potential sign that the overheating caused a cylinder head problem.
That should be an easy diagnosis.

Thanks Dr Faustus and OldOzzie, all correct re diagnosis and thanks re the barsleaks! Its the next step – the mechanics diagnose the problem as one they don’t want, as they are too busy. If the industry doesn’t DO that work anymore… or do they?

Does Zelinsky come up with this shite himself or does the CIA write it for him or maybe the DNC?

“We are not going to impact the family home. Full stop. Exclamation mark,” he told ABC Radio.

Is this the AnAl version of “dead, buried and cremated”?

Not sure if anyone’s posted this. Herald Sun front page this morning states there are rumours that Charmers is going to go after family homes and (investment property) negative gearing.

Communism. Good and hard.

Comrades.