Open Thread – Weekend 2 March 2024


Dulce Domum, John Atkinson Grimshaw, 1885

Subscribe
Notify of
guest

1.1K Comments
Inline Feedbacks
View all comments
JC
JC
March 3, 2024 3:40 pm

Amazing that people seem to think that China could become a economic superpower but that this would have no geopolitical consequences with respect to the current hegemon.

I haven’t looked but I bet that was dover who said that. Am I right?

Japan in the 90s was regarded as an economic superpower. It had no interest in taking over anything, possibly because last time it tried that shit, it was nuked. But Japan is an example that invalidates that comment.

John H.
John H.
March 3, 2024 3:41 pm

DrBeauGan
Mar 3, 2024 3:24 PM

In the absence of any leaked documents or CCP officials declaring it was a strategy to decay the West it is just an idea.

Do you think they’d be stupid enough to tell you

Wrong question. Are they smart enough to stop all leaks? Plenty of examples of documents being leaked, double agents, people defecting.

DrBeauGan
DrBeauGan
March 3, 2024 3:42 pm

The policy of the CCP would be simply to notice the tendencies already present and do nothing to arrest them.

There are two intellectual handicaps you suffer, Dover. The first is a conviction that the apogee of western civilisation occurred in the high middle ages. The second is the rather common inability to put yourself in the shoes of your opponent.

For the second, take up Chess, or better yet, Go. For the first, there is no cure at your age.

JC
JC
March 3, 2024 3:43 pm

m0nty
Mar 3, 2024 3:39 PM

Dunkley was the sort of seat that heralded a new era where the Liberals abandoned their heartland and went searching for new demographics in the satellite suburbs.

Fatboy, after last night’s embarrassment shouldn’t you at least lay low for about a week hoping people would forget that thought leading attempt? Just some humble advice.

Wally Dalí
Wally Dalí
March 3, 2024 3:43 pm

“Woke” was once a dialectically candid word, used by African-American “thought leaders” to indicate a non-African American person or organization who were sympathetic to their agenda. The eubonic use of a p.t. verb as an adjective was part and parcel of the in-group code neologism.
Then the term got highjacked by its enemies- like “fake news”- and by now it’s basically defanged to the point of disrespect.
Therefore I drop it in to conversation whenever possible.

John H.
John H.
March 3, 2024 3:43 pm

JC
Mar 3, 2024 3:40 PM
Amazing that people seem to think that China could become a economic superpower but that this would have no geopolitical consequences with respect to the current hegemon.

I haven’t looked but I bet that was dover who said that. Am I right?

Japan in the 90s was regarded as an economic superpower. It had no interest in taking over anything, possibly because last time it tried that shit, it was nuked. But Japan is an example that invalidates that comment.

That is why I was asking about Xi. Under previous leaders was China so aggressive?

Digger
Digger
March 3, 2024 3:44 pm

You have no idea what my purchasing decisions are

Yes I do. If you go into a shop and buy something, which you do, there is an extremely strong chance that something Chinese is involved. You cannot escape that, such is the outcome of the transfer of every conceivable technology and manufacturing base transferred to them over the past 50 years.

JC
JC
March 3, 2024 3:46 pm

That is why I was asking about Xi. Under previous leaders was China so aggressive?

No, China really went off the reservation when Satan’s rep on earth came to power in ~2013. Before that it was content in just stealing and copying stuff for commercial use.

miltonf
miltonf
March 3, 2024 3:47 pm

Yes I do.

no you don’t- and piss off with your collective guilt thing

JC
JC
March 3, 2024 3:49 pm

Whoops

John H, I meant in the 80s, not 90s Japan.

DrBeauGan
DrBeauGan
March 3, 2024 3:50 pm

Wrong question. Are they smart enough to stop all leaks? Plenty of examples of documents being leaked, double agents, people defecting.

By the time it gets out that this is a deliberate policy, and as BoN has pointed out we already know some of it, it will be too late.

It is probably already too late.

DrBeauGan
DrBeauGan
March 3, 2024 3:54 pm

It is probably already too late.

As Roger has pointed out, these ideological weapons develop a momentum of their own. Which is why Dover can’t see that it was very likely to have been deliberately started.

Digger
Digger
March 3, 2024 3:55 pm

That is why I was asking about Xi. Under previous leaders was China so aggressive?

No! Mao was a bit of an exception…. as evidenced in the Korean War and the Russian border skirmishes in the late ’60’s and to a lesser degree, Deng Xiaoping who ordered the attack on Vietnam in February 1979.

Dot
Dot
March 3, 2024 3:56 pm

You cannot escape that, such is the outcome of the transfer of every conceivable technology and manufacturing base transferred to them over the past 50 years.

Sure but how could you possibly prevent tech transfer even as the US or EU, let alone an individual consumer in Australia? Tech transfer also happens with foreign direct investment/multinational enterprises as well.

miltonf
miltonf
March 3, 2024 3:56 pm

JC is right about Japan- 30 years ago just about everyone seemed to be fretting about Japan taking over the world. The book by Paul Kennedy The rise and fall of the great powers said so.

H B Bear
H B Bear
March 3, 2024 3:57 pm

Been a while between mUnty troll-by-numbers posts. Sad, low energy.

Digger
Digger
March 3, 2024 3:57 pm

no you don’t- and piss off with your collective guilt thing

‘Let he who is without sin cast the first stone’. You are a bit touchy on the subject. Guilt, perhaps?

JC
JC
March 3, 2024 3:58 pm

Digger;

Copying and pasting is a bad way of conducting business. Ultimately, business has to carry an adequate return on invested capital. Eventually, you have to start innovating and coming out with new products etc, and or the manufacturing process has to be revolutionized. American business has the best return on capital in the world. China is basically a breakeven proposition.

Crossie
Crossie
March 3, 2024 3:59 pm

The fact that China is not our friend is another matter. We deliberately paid them to become powerful enough to become our enemy.

Digger, that is correct. Even if they never became belligerent it was still enormously stupid to farm our almost all industry to one country. The most dangerous decision was not to retain the pharmaceutical industry.

For multiple decades and various government nobody thought it might not be the best thing to rely on others for our medications. Even if China were our best friends there could be natural disasters that would interrupt their production and that would cause so many deaths due to shortages.

We are governed by truly stupid people of all political parties and factions, nobody can think clearly. Our chief bureaucrats are even stupider, by not raising alarms they prove their unsuitability to occupy those positions.

m0nty
m0nty
March 3, 2024 3:59 pm

Ah yes JC, the Smirnov file. What a shemozzle that was for your mob. Congressional Republicans looking like complete fools, yet again. Hunter’s public deposition underlining that Comer and his clown show are useful idiots for Russian spooks.

miltonf
miltonf
March 3, 2024 4:00 pm

I repeat piss off with your collective guilt thing and there is no way whatsoever that I need to justify myself to you.

Knuckle Dragger
Knuckle Dragger
March 3, 2024 4:00 pm

mUnty troll-by-numbers posts. Sad, low energy

He’s both recycling and dialing it in.

Worst work ethic ever.

John H.
John H.
March 3, 2024 4:01 pm

JC
Mar 3, 2024 3:46 PM
That is why I was asking about Xi. Under previous leaders was China so aggressive?

No, China really went off the reservation when Satan’s rep on earth came to power in ~2013. Before that it was content in just stealing and copying stuff for commercial use.

Thanks.

JC
JC
March 3, 2024 4:04 pm

More about copying and pasting.

The problem with just copying what others have achieved is that it basically puts you in the commodity business. This means that you have difficulty competing against the leaders in a sector and are forced to compete on price. Competing on price only is a dog of a spot to be in as the return is always close to breakeven or just marginal. You never get a head.

Digger
Digger
March 3, 2024 4:05 pm

Sure but how could you possibly prevent tech transfer even as the US or EU, let alone an individual consumer in Australia? Tech transfer also happens with foreign direct investment/multinational enterprises as well.

I’m not suggesting that there is or should be any intent to stop such transfer but I am suggesting that the end result of the haste of the decisions to move such massive amounts of technology and manufacturing capacity was not sufficiently considered. If it was considered, then the decisions as a result were very naive and have led to this juncture. Poor leadership.

Makka
Makka
March 3, 2024 4:06 pm

Hunter’s public deposition underlining that Comer and his clown show are useful idiots for Russian spooks.

No surprise the fat freak m0ron defends his deviant idol.

H B Bear
H B Bear
March 3, 2024 4:07 pm

The US kneecapped Japan in the mid-late 80s. They’ve never recovered.

How so? Sony has tried to go head to head against Hollywood and got nowhere.

GreyRanga
GreyRanga
March 3, 2024 4:07 pm

So what you’re saying Knuckles is that mutley should open for Australia.

miltonf
miltonf
March 3, 2024 4:07 pm

What I find odd about Chinese cars is that they use failed European brands like MG and LDV (Leyland DAF Vans) for badging. The Japs and Koreans are happy to use Japanese and Korean badges.

John H.
John H.
March 3, 2024 4:09 pm

Crossie
Mar 3, 2024 3:59 PM
The fact that China is not our friend is another matter. We deliberately paid them to become powerful enough to become our enemy.

Digger, that is correct. Even if they never became belligerent it was still enormously stupid to farm our almost all industry to one country. The most dangerous decision was not to retain the pharmaceutical industry.

For multiple decades and various government nobody thought it might not be the best thing to rely on others for our medications. Even if China were our best friends there could be natural disasters that would interrupt their production and that would cause so many deaths due to shortages.

We are governed by truly stupid people of all political parties and factions, nobody can think clearly. Our chief bureaucrats are even stupider, by not raising alarms they prove their unsuitability to occupy those positions.

Blame the economists and politicians, blame the general public for being ignorant about Ormerod’s concept of path dependency. Comparative advantage works but blindly applying a policy with no accounting of later order effects is very common and let’s face it, we can’t know the future with the precision we would like.

Too much of this is Captain Hindsight stuff. Comparative advantage is a useful idea. No-one was complaining when China’s opening of the economy brought 100s millions out of poverty, enabled us to obtain goods at hugely reduced prices. It wasn’t just about the rich getting richer, we all benefited from China’s industrialization. Now we have a downside and everyone is playing Captain Hindsight.

m0nty
m0nty
March 3, 2024 4:10 pm

Hey Makka, did you miss the news that Alexander Smirnov, the star witness for the Republicans in their efforts to smear the Bidens, is a Russian asset?

The laptop guff was a Putin plant from the get go. This is now established fact.

miltonf
miltonf
March 3, 2024 4:10 pm

Now we have a downside and everyone is playing Captain Hindsight.

Not me. I said in 2006 China doesn’t send us all that cheap stuff because they love us.

JC
JC
March 3, 2024 4:11 pm

Digger

We really need to get a perspective on the copying and cheating that’s going on. US firms are always whining about how their intellectual property is being stolen. A lot of that is bullshit when you consider that ( and I’m only exaggerating at little) US firms try to attach patents on freaking everything – even breathing. Some of the stuff they try to patent is just bullshit. Like most things there, patent attorneys have corrupted the entire system. The worst examples of patent inflation is of course in the tech sector.

JC
JC
March 3, 2024 4:12 pm

The laptop guff was a Putin plant from the get go. This is now established fact.

LO. The established fact is that you’re an idiot. You make Marty sound like a genius.

John H.
John H.
March 3, 2024 4:13 pm

miltonf
Mar 3, 2024 4:07 PM
What I find odd about Chinese cars is that they use failed European brands like MG and LDV (Leyland DAF Vans) for badging. The Japs and Koreans are happy to use Japanese and Korean badges.

Japan and Korea excel in engineering. I like to use the example of Honda. A strikingly innovative company. Apart from TSMC AFAIK Samsung is the only company down to 3nm lithography. Open societies. Why do authoritarian governments inhibit creativity?

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 4:13 pm

Monty still hasn’t worked out that no one gives a shit who won Dunkley.
Judean Peoples Front vs Peoples Front of Judea.

m0nty
m0nty
March 3, 2024 4:14 pm

JC, what’s your thoughts on Alexander Smirnov. Genuine guy, stand up citizen?

John H.
John H.
March 3, 2024 4:15 pm

JC
Mar 3, 2024 4:11 PM
Digger

We really need to get a perspective on the copying and cheating that’s going on. US firms are always whining about how their intellectual property is being stolen. A lot of that is bullshit when you consider that ( and I’m only exaggerating at little) US firms try to attach patents on freaking everything – even breathing. Some of the stuff they try to patent is just bullshit. Like most things there, patent attorneys have corrupted the entire system. The worst examples of patent inflation is of course in the tech sector.

When looking at some patents for biomedicine I was surprised at how many “preventive patents” were lodged on the most flimsy evidence. No product, no innovation, just an idea that in 20 years time X might be a valuable clinically so slap a patent on it.

miltonf
miltonf
March 3, 2024 4:15 pm

The established fact is that you’re an idiot.

and a shrill for a corrupt (to put it mildly) government that is impoverishing its citizens. A corrupt government that governs for the super-rich. The modern left.

DrBeauGan
DrBeauGan
March 3, 2024 4:15 pm

We are governed by truly stupid people of all political parties and factions, nobody can think clearly. Our chief bureaucrats are even stupider, by not raising alarms they prove their unsuitability to occupy those positions.

Plus millions. As I’ve said before, nobody with brains wants to go into politics. Or to join the pubic serpents. There are far more interesting and entertaining things to do.

That may change; if science, mathematics and engineering get sufficiently buggered up by DEI lunacies, trying to fix it might look to be worth doing by those who wouldn’t have once considered it.

Winston Smith
March 3, 2024 4:16 pm

John H:

That is why I was asking about Xi. Under previous leaders was China so aggressive?

China has always been aggressive.
It’s only now that it has the means to back it up.

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 4:18 pm

Hey Makka, did you miss the news that Alexander Smirnov, the star witness for the Republicans in their efforts to smear the Bidens, is a Russian asset?

The laptop guff was a Putin plant from the get go. This is now established fact.

Wussians! More Wussians!! Wussians everywhere!!! We should ask Mr Mueller about this.

(We won’t get an answer sadly as he’s unwell.)

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 4:20 pm

Has Monty worked out that Trump didn’t pee in Putin’s bed yet?

JC
JC
March 3, 2024 4:21 pm

The US kneecapped Japan in the mid-late 80s. They’ve never recovered.

Just stop. They did it themselves. Japan didn’t need the US to wreck their economy.

1. When you had the emperors palace in Tokyo valued at more than the entire state of Californian real estate market.

2. When you had Japanese Airlines valued a 1.5 times more than the entire US airline system

Just two examples

When you have that level of ridiculousness, it means you’re eventually going to crash to earth. What japan didn’t do was manage itself out of a deep depression. Americans had nothing to do with that.

DrBeauGan
DrBeauGan
March 3, 2024 4:21 pm

The established fact is that you’re an idiot.

Fact check: True.

On the other hand, m0nty is good for a laugh.

miltonf
miltonf
March 3, 2024 4:22 pm

As I’ve said before, nobody with brains wants to go into politics. Or to join the pubic serpents.

yes and if you do have real achievements in the real world, you are not wanted. Ask Trump. Ask Pauline too.

Makka
Makka
March 3, 2024 4:23 pm

the star witness for the Republicans in their efforts to smear the Bidens,

With all the footage available of Biden sniffing and groping young kids and his proclivity to shower with his daughter , it doesn’t take any effort at all to conclude the Bidens are a family of perverts.

What;’s more interesting though is your motives for defending them. Why do you defend these deviants m0ron?

Winston Smith
March 3, 2024 4:23 pm

BoN:
Bruce of Newcastle

Mar 3, 2024 4:20 PM
Has Monty worked out that Trump didn’t pee in Putin’s bed yet?

Monty is still convinced the Joooos pissed in his bed last night after he drank a bottle of Johnny Walker Red.

JC
JC
March 3, 2024 4:24 pm

m0nty
Mar 3, 2024 4:14 PM

JC, what’s your thoughts on Alexander Smirnov. Genuine guy, stand up citizen?

95% truthful and 5% bullshit.

I fcking explained to you last night, that Bunter’s computer has been cross matched and it tallies. STFU and we’ll see you next Sunday at the earliest.

Black Ball
Black Ball
March 3, 2024 4:24 pm

Monty you leftist slut. Begone!

H B Bear
H B Bear
March 3, 2024 4:26 pm

The Japs misallocated plenty of capital around here in the early to mid 80s. They built a couple of good golf courses that couldn’t even cover the cost of maintenance. They weren’t the only ones over the years.

John H.
John H.
March 3, 2024 4:27 pm

dover0beach
Mar 3, 2024 4:11 PM
Which is why Dover can’t see that it was very likely to have been deliberately started.

What I see is people blaming external actors for fires started internally, as custodians of territories they failed to tend with care and have increasingly let run wild.

We’re good at shooting ourselves in both feet. Social movements often run wild. Woke is currently undergoing a correction. I’m not particularly worried about it. Sporting bodies are placing increasing restrictions on trans sportspeople. Europe has placed restrictions on puberty blockers. The Voice failed. Things are looking up.

Top Ender
Top Ender
March 3, 2024 4:27 pm

Regarding Japanese engineering, they had some clever stuff in WWII.

Their submarines had some good ideas: deployable aircraft, midgets that could be launched from the mother sub while both were submerged, and great torpedoes.

Then again their submarine radar was developed too late.

DrBeauGan
DrBeauGan
March 3, 2024 4:29 pm

What I see is people blaming external actors for fires started internally, as custodians of territories they failed to tend with care and have increasingly let run wild.

This is like the Greens blaming wild fires on global warming.

A touch of arson is also to be considered.

miltonf
miltonf
March 3, 2024 4:29 pm

The other thing is, and maybe I’m mistaken, you don’t see Japanese tourists here in OZ like you used to.

johanna
johanna
March 3, 2024 4:30 pm

Looking at TheirABC’s Just In feature, it seems to be a mixture of sports results (available from multiple sources) and ‘uman interest’ stories about members of favoured groups (everyone except white, able bodied men and women who work and pay taxes) and their ‘personal journey’ via macrame or yoga or whatever. These have obvioujsly been collected earlier and banked for use as padding.

Actual news is very thin on the ground.

Stories like the sinking of the ship in the Red Sea, quickly available on Breitbart and many other sites, appear many hours later, while we read about how teaching Aboriginal kids to fish (true!) will help to curb the youth crimewave. Variants of this fantasy appear regularly.

Evidence? We don’t need your steenking evidence!

Then there were the numerous fawning articles about Tay Tay. Not hard facts about the money or anything so vulgar. Just Tay Tay, swoon.

The whole output is becoming more and more like Dolly Magazine, presumably in the hope of attracting a younger audience.

More than a billion dollars a year, and that’s the way they run the joint. No news coverage at weekends – even the by-election coverage was skimpy – and lots of ‘personal journeys’ and pop stars.

Talbot Duckmanton must be boring a hole to China.

Salvatore, Iron Publican
March 3, 2024 4:31 pm

Was at work & missed the Australian NRL match kickoff in Las Vegas.
Did anybody watch the beginning? How was the Welcome to Country ceremony? 😉

miltonf
miltonf
March 3, 2024 4:33 pm

The Voice failed.

yes that certainly enhanced my confidence in the intelligence of the electorate.

Must admit I’m disappointed in last night’s result though. Sure the lieborals are bad (ok very bad) but the anal administration is treasonous.

thefrollickingmole
thefrollickingmole
March 3, 2024 4:38 pm

The laptop guff was a Putin plant from the get go. This is now established fact.

Presented without proof, dismissed with just as much effort.

Jeb energy
Sad

Monty, in the jungles of Siberia muttering “wussia, wussia, wussia” after everyone else has gone home.

Bourne1879
Bourne1879
March 3, 2024 4:40 pm

Not the Babylon Bee but the Daily Mail.

“Kanye West’s wife Bianca Censori shocks in surprisingly modest attire”.

I hope the money he is paying her makes the humiliation for her family worth it.

You can imagine the conversation.
Mum to Bianca: You are disgracing the family.

Bianca : Ok but do you want a bigger house ?

Mum : Keep up the good work.

Tom
Tom
March 3, 2024 4:40 pm

The established fact is that you’re an idiot. You make Marty sound like a genius.

Careful, JC. Monty is the only troll we have left.

It doesn’t matter that he’s as dumb as dogshit and a ruling class parrot. He’s our best way of finding out what disinformation our betters are commanding their trolls to spread online.

JC
JC
March 3, 2024 4:41 pm

LOL Tom.

Bourne1879
Bourne1879
March 3, 2024 4:43 pm

Genius idea. Long legged bosomy showgirls would be the local tribe. Or is it bloodthirsty Commanche territory?

“How was the Welcome to Country ceremony?”

Makka
Makka
March 3, 2024 4:45 pm

Looking at how this seat was Frankensteined into a Labor seat, The LNP did rather well;

In the Victorian bayside seat of Dunkley, some of society’s most vulnerable members – young welfare recipients and elderly nursing-home residents – are set to become among its most influential, if only for a weekend.

Welfare issues have been at the heart of campaigning in one of Australia’s most marginal electorates, held by a Liberal but, since the redistribution, a plum ripe for Labor’s picking.

The Australian Electoral Commission’s (AEC) 2018 redistribution shifted Dunkley’s boundaries, making the seat – Liberal since 1996 – a notional Labor one.

The Redistribution Committee removed Liberal-leaning Mornington from the south of the electorate and added Labor-leaning Carrum Downs, Sandhurst and Skye in the north.

h/t The Junction.

Bourne1879
Bourne1879
March 3, 2024 4:45 pm

Incredible.

Monty still believes Hunters laptop was a Russian misinformation campaign because 50 former intelligence leaders said so.

thefrollickingmole
thefrollickingmole
March 3, 2024 4:47 pm

For those confused by Montys sudden spurt of gravy to its cerebral cortex what its doing is taking the laptop – uncontested at this stage as genuine – and linking it to a “informant” who was conveniently charged last week with providing dodgy info on Biden bribes.

https://www.theguardian.com/us-news/2024/feb/21/hunter-biden-sawdust-cocaine-photo

Monty trusts the FBI… Lol, Lamo even.

miltonf
miltonf
March 3, 2024 4:48 pm

Thanks Makka- very interesting

John H.
John H.
March 3, 2024 4:48 pm

Top Ender
Mar 3, 2024 4:27 PM
Regarding Japanese engineering, they had some clever stuff in WWII.

Their submarines had some good ideas: deployable aircraft, midgets that could be launched from the mother sub while both were submerged, and great torpedoes.

Then again their submarine radar was developed too late.

That sub with the aircraft was remarkably optimistic. The goal was to take out the Panama Canal.

Crossie
Crossie
March 3, 2024 4:49 pm

No-one was complaining when China’s opening of the economy brought 100s millions out of poverty, enabled us to obtain goods at hugely reduced prices. It wasn’t just about the rich getting richer, we all benefited from China’s industrialization. Now we have a downside and everyone is playing Captain Hindsight.

I don’t have a problem with China industrialising, I do have a problem where all of our manufacturing has been outsourced there. In the interests of national security we should have maintained a significant level of manufacturing and subsidised them if necessary, we are subsidising renewables to a much greater extent yet to almost no advantage except bragging rights at green conferences. It is not only sad but dangerous how none of our leaders are able to game out wars and disasters and consider any ifs, they are all either in the pocket of big business or have been captured by green Pollyannas.

Salvatore, Iron Publican
March 3, 2024 4:49 pm

Monty still believes Hunters laptop was a Russian misinformation campaign because 50 former intelligence leaders said so.

Actually it seems to be because Hunter said he didn’t do it.

That settles it then. Hunter is more honest than a Junior Woodchuck, he wouldn’t mislead anybody.

H B Bear
H B Bear
March 3, 2024 4:52 pm

Even by mUnty’s standards todays effort was particularly pitiful.

Salvatore, Iron Publican
March 3, 2024 4:52 pm

My anti-virus tells me that [somebody] is using newcatallaxy.blog to access my computer.
Several sporadic attempts over multiple days.

Knuckle Dragger
Knuckle Dragger
March 3, 2024 4:53 pm

GreyRanga, earlier:

So what you’re saying Knuckles is that mutley should open for Australia

Well, there’s a much more accurate comparison to be made.

If mUnter was an international crikkiter, he would be a combo of Phil Tufnell for fielding excellence, NZ’s Chris Martin for batting (104 Test innings, average 2.73) and for bowling – EAR da Silva for Sri Lanka, who played 10 matches and took eight wicket at an average of 129.00..

JC
JC
March 3, 2024 4:58 pm

This is how the country keeps coming back. It can’t be killed.

GE, was at one stage the only existing corporation that had always been part of the Dow Jones Industrial Index since inception, that includes most venerable American corporations. It ended up being bounced. It will no longer exist as an entity but it’s “children” will .

GE was corporate royalty

How Larry Culp Saved GE by Breaking It Up

General Electric is nearing the end of its five-year journey back from the brink. For investors, a looming corporate breakup is only the beginning.

The future looked bleak for GE in October 2018. John Flannery had just been removed as CEO after a year at the helm. Profitability was declining. GE Capital was losing money. The acquisition of Alstom’s power business had proven disastrous. And investors were forced to sift through dozens of pages of disclosures to gain a coherent picture of the company’s financial condition.

Worse still, its massive debt load—some $112 billion, excluding cash and insurance liabilities—was growing more unwieldy as free cash flow deteriorated, resulting in downgrades from the major credit-rating firms and a slashing of its dividend to a penny per quarter.

By the end of the year, GE stock had fallen 80% from its 2000 peak and was trading for less than it had during the depths of the financial crisis in 2009.

Into this mess stepped Larry Culp, the retired CEO of Danaher

Culp had joined GE’s board in April 2018, but now, five months later, he was being asked to do the seemingly impossible—save General Electric, the company founded by Thomas Edison in 1892. Culp immediately set about selling businesses and paying down debt, before announcing in 2021 that GE would split into three separate companies.

So far the breakup plan is working brilliantly. Since the early 2023 spinoff of GE HealthCare Technologies, which makes medical imaging products, shares of General Electric have gained about 120%, while GE HealthCare has gained 50%. Both have outperformed the S&P 500

The final move is due on April 2, with General Electric splitting itself into two. The parent company will be renamed GE Aerospace, and will be a maker of airplane engines; and the power business will be spun off and named GE Vernova. Shareholders will receive one GE Vernova share for every four GE shares.

Buying General Electric stock ahead of that split could well pay off handsomely. There’s a strong case that the two new stocks together will be worth more than the existing shares. Expect to hear more on that when GE management makes the cases for the new companies during its investor days on March 6 and 7.

The truth is, all three of the new companies will be dominant players in their respective industries and, remarkably, all three will have investment-grade credit ratings.

“With Culp’s visionary guidance, GE began one of the most amazing turnarounds I’ve ever seen,” says Jim Osman, founder of the Edge, which provides research and recommendations about special situations such as corporate breakups and spinoffs.

Getting here hasn’t been easy. GE was a darling of the 1980s and 1990s, at one point becoming the world’s most valuable company. By 2000, it was worth some $600 billion, but cracks were appearing, such as a growing reliance on financial earnings. The expansion of GE Capital, whose assets peaked at more than $600 billion in 2008, happened just in time for the 2008-09 financial crisis, and its problems didn’t end there. “I recall not sleeping a lot,” says Culp about his early days as CEO. “There was just so much to do, so much to learn.”

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 4:59 pm

More than a billion dollars a year

If the ABC ceased to exist I probably wouldn’t notice for several months, unless someone told me.

H B Bear
H B Bear
March 3, 2024 5:00 pm

Careful, JC. Monty is the only troll we have left.

He certainly shows great longevity. The various Groogs socks do the same but every now and then they cop a red card. mUnty is like a low grade herpes infection that flares up from time to time.

JC
JC
March 3, 2024 5:00 pm

Dover, that was in Barron’s a locked site, so I presumed the 2 para rule doesn’t apply.

Crossie
Crossie
March 3, 2024 5:01 pm

while we read about how teaching Aboriginal kids to fish (true!) will help to curb the youth crimewave. Variants of this fantasy appear regularly.

Once again, these people want to limit opportunities for indigenous children. Why can’t they decide their own life paths? That these kids turn to crime is because they are not stupid and can see that the rest of Australian teens have these options that are withheld from them due to their skin colour and heritage. This is racism, pure and simple yet the ABC crowd are unable to grasp that logic.

Remote communities must be disbanded and residents moved into large population centres that can absorb the. If anyone misbehaves they must be sanctioned the same as everyone else.

What’s more, the Native Title claims have enriched certain individuals and family groups thus disadvantaging all other indigenous people. Either cancel the whole thing or distribute profits exactly equally between all certified indigenous people. Even better, distribute mining profits among all residents of a state as they do in Alaska with oil drilling incomes.

m0nty
m0nty
March 3, 2024 5:01 pm

95% truthful and 5% bullshit.

Alexander Smirnov is a GRU asset, JC. He lied about Hunter Biden to further the goals of Russian spooks. The GOP’s whole case was centred around his testimony.

James Comer is so supremely incompetent at his job that he is making Hunter Biden look like Eliot Ness.

m0nty
m0nty
March 3, 2024 5:05 pm

hunter-biden-sawdust-cocaine-photo

Hahahahahahahaaaaaa! Oh that one was a classic.

Everyone is laughing at the Republicans and credulous morons like you who believe their nonsense.

JC
JC
March 3, 2024 5:08 pm

Fatboy,

Who gives a shit about Smirnoff. There’s plenty of evidence against this putrid crime family.

Hiden is the most evil piece of turd who’s ever been in the White House. He ran his campaign on hoaxes, he demonizes 50% of the American population, he puts opposition in jail. He’s totally fcking stupid and his son is a waste of oxygen like him, and the rest of the family.

I’ve never said this about a person, but I will be happy when he’s dead. On its own, it wonderful to see the c..t decomposing right in front of us.

Crossie
Crossie
March 3, 2024 5:10 pm

dover0beach
Mar 3, 2024 4:51 PM
I have a different read on the Voice ref. failure in light of gay ‘marriage’ plebiscite. The third that voted No re the former that voted Yes in the latter did so for no other reason than not liking distinctions being made at law, whether or not those distinctions are justified or not. If a referendum were held on polyamory or trans I could easily see this cohort voting in a liberal/ woke direction.

Dover, I don’t think so. Because the gay marriage question was run through a plebiscite and via mail it only mobilised those who were for it and only those who were very much against it. Everyone else thought if it was important everyone would be required to vote for it. Giving a long run up to the end of the vote meant that a lot of people who were somewhat against it were not motivated enough to make the effort of voting and mailing their ballot eventually ran out of time. Had it been a referendum with everyone required to voted on the same day, in person, the result would have been the same as for the Voice.

miltonf
miltonf
March 3, 2024 5:11 pm

Hiden is the most evil piece of turd who’s ever been in the White House.

yes i think so- one of those garbage pollimuppets that goes into elected office for nothing other than personal gain.

miltonf
miltonf
March 3, 2024 5:11 pm

The pos has been in politics for over 40 years

m0nty
m0nty
March 3, 2024 5:13 pm

Right then JC, so you’ve got nothing except bile. Duly noted.

What’s the latest on Trump liquidating his assets to pay half a billion USD in court fines?

Crossie
Crossie
March 3, 2024 5:15 pm

Bruce of Newcastle
Mar 3, 2024 4:59 PM
More than a billion dollars a year

If the ABC ceased to exist I probably wouldn’t notice for several months, unless someone told me.

I wouldn’t notice it at all as the one program per year I tune in to is their broadcast of the New Year’s Eve fireworks which would be picked up by another network.

I have even given up on Gardening Australia as it has become full of woke crap and sometimes even wrong info on gardening itself.

Bespoke
Bespoke
March 3, 2024 5:15 pm

John H.
Mar 3, 2024 4:27 PM

We’re good at shooting ourselves in both feet. Social movements often run wild. Woke is currently undergoing a correction. I’m not particularly worried about it. Sporting bodies are placing increasing restrictions on trans sportspeople. Europe has placed restrictions on puberty blockers. The Voice failed. Things are looking up.

I’m optimistic but it is still deeply inbeded in department policy plus the States are going ahead with their own treaties. Not even the beginning of the end yet.

miltonf
miltonf
March 3, 2024 5:16 pm

As someone asked, what has the old perv achieved in 40+ years of political office other than personal financial gain?

johanna
johanna
March 3, 2024 5:16 pm

I don’t have a problem with China industrialising, I do have a problem where all of our manufacturing has been outsourced there. In the interests of national security we should have maintained a significant level of manufacturing and subsidised them if necessary,

It would have been necessary, and it would have been a bad idea.

I give you the textile and footwear industries. When I was growing up (mainly in the 1960s) clothes and shoes were very expensive, thanks to tariffs supported by the unions. My mother, and many other mothers, made a lot of our clothes at home, but she couldn’t make our shoes.

The pendulum may have swung a bit too far the other way. But working class families like ours really struggled with the cost of clothes and footwear for their kids when unions and tariffs were in charge.

You don’t get nothin’ for nothin’ (unacknowledged blues singer) 🙂

JC
JC
March 3, 2024 5:17 pm

Thanks for asking, Fatboy.

My guess is that it will eventually make its way to the supreme court and the fines will be reversed as they should be.

Bespoke
Bespoke
March 3, 2024 5:19 pm

Cope.

Skull!

DrBeauGan
DrBeauGan
March 3, 2024 5:20 pm

It doesn’t matter that he’s as dumb as dogshit and a ruling class parrot. He’s our best way of finding out what disinformation our betters are commanding their trolls to spread online.

There is also the innocent pleasure he gives when he describes someone else as a credulous moron.

thefrollickingmole
thefrollickingmole
March 3, 2024 5:20 pm

Monty avoids the authenticity of the laptop after crowing “ItS WussIan DIsinForMation!!!!!!”

Sub-Jeb Energy.

m0nty
m0nty
March 3, 2024 5:22 pm

That may happen JC, but first he has to stump up the cold hard cash. Within a month.

Is he a real billionaire or not? I guess we will soon find out.

m0nty
m0nty
March 3, 2024 5:24 pm

The laptop has no authenticity, mole. It’s a fake. Just like the rest of the impeachment case.

Comer is now a fully painted clown.

Makka
Makka
March 3, 2024 5:24 pm

Creepy Joe , spots another kid he likes. Look how he moves. This is m0ron’s leader of the free world. Sick as;

https://twitter.com/Jules31415/status/1763861780705505730

John H.
John H.
March 3, 2024 5:25 pm

Crossie
Mar 3, 2024 4:49 PM
No-one was complaining when China’s opening of the economy brought 100s millions out of poverty, enabled us to obtain goods at hugely reduced prices. It wasn’t just about the rich getting richer, we all benefited from China’s industrialization. Now we have a downside and everyone is playing Captain Hindsight.

I don’t have a problem with China industrialising, I do have a problem where all of our manufacturing has been outsourced there. In the interests of national security we should have maintained a significant level of manufacturing and subsidised them if necessary, we are subsidising renewables to a much greater extent yet to almost no advantage except bragging rights at green conferences. It is not only sad but dangerous how none of our leaders are able to game out wars and disasters and consider any ifs, they are all either in the pocket of big business or have been captured by green Pollyannas.

Because of path dependency and employment opportunities I thought the coalition was stupid to let comparative advantage end the car industry. Keep in mind that this was during the market magic beliefs that dominated politics and economics period. Be realistic about what humans are capable of anticipating. We are often more reactive than predictive. It’s easy to sit back after the event and criticize, that is one reason why younger generations criticize their elders. Their turn to stuff comes along and the cycle is repeated.

Boambee John
Boambee John
March 3, 2024 5:27 pm

Bruce of Newcastle
Mar 3, 2024 2:20 PM

The Soviets may have been hopeless with economics but were masters of propaganda.

I was just thinking the same of Monty. Very unlikely he’s ever done NPV and IRR sensitivity analyses.

Have you forgotten? mUnty FAILED Economics 1. His cluelessness on the subject is legendary.

cohenite
March 3, 2024 5:29 pm

Dickless defends the drug pedophile and his corpse dad. Smirnov was a CIA asset for a long while. The laptop won the corpse the election when 50 former security demorats claimed it was wussian disinformation. They’ve all repudiated that now the election was won on that lie; the laptop is Hunters and the info on it verifies that Hunter is a drug addict, dealer, pedo like his corpse dad and has been acting as his dad’s agent to sell his dad’s position to foreign interests. That is beyond doubt.

Smirnov will be sacrificed because he was working for the wussians which is why he was so valuable to the yanks.

The real evidence against the traitorous perverted biden clan lies elsewhere: the laptop, the money trail, the 22 foreign and fake bank accounts, the many gifts from wussia and the chunks and the testimony of others who were in business with the bidens.

The bidens are the most corrupt and perverted and treasonous family ever to be in yank politics; even worse than the obumas and the clintons, the pelosis’s etc.

Now off you go dickless; the milko’s kiddies need to be fed and put to bed.

Zafiro
Zafiro
March 3, 2024 5:31 pm

The pos has been in politics for over 40 years

Try over 50 years. 1972 elections.

shatterzzz
March 3, 2024 5:31 pm

I give you the textile and footwear industries.

It’s all about value .. went to Big W & Kmart to price/buy some “reg grundy’s” .. cheapest I came across (and all made OS) was $13 for 3 pairs ..
Checked TEMU & 15 pairs @ $15 (free delivery/10 day guarantee or $5 refund) .. so why would I buy in Oz ………!

Dot
Dot
March 3, 2024 5:32 pm

The laptop guff was a Putin plant from the get go. This is now established fact.

Monty!

Please respond to this:

– – – – –

Dot
Mar 2, 2024 10:59 PM
I note that Hunter Biden said in his deposition today that he never dropped a laptop off at that blind repairman’s shop.

He also said his rehab was a key to American democracy.

Bro says a lot of things.

This seems unusual.

Hunter Biden sues Rudy Giuliani over ‘total annihilation’ of digital privacy

Trump lawyer has boasted of accessing data from external hard drive linked to president’s son’s laptop computer
Martin Pengelly in Washington
@MartinPengelly
Wed 27 Sep 2023 01.46 AEST

Lawyers for Biden say his data was “manipulated, altered and damaged before it was copied and sent” to defendants

Oh right. Someone stole it. He never noticed until he got screwed over by the public revelations?

Metadata can prove or disprove who hacked the data or not and if the files are genuine or tampered with.

Ted Goodman, an adviser to Giuliani, said: “Hunter Biden has previously refused to admit ownership of the laptop. I’m not surprised he’s now falsely claiming his laptop hard drive was manipulated by Mayor Giuliani, considering the sordid material and potential evidence of crimes on that thing.”

So now Biden Jr has given three versions of events, publicly;

1. Not mine!
2. Mine, but how dare they do this to an innocent customer of an unethical IT business!
3. The “blind IT guy” was not a merchant I bought services off, he received stolen goods. So one stole my laptop!

At least one of there is bullshit.

Let’s hope it isn’t the one he made a deposition with.

From St Pats Day last year:

“[Hunter] Biden had more than a reasonable expectation of privacy that any data that he created or maintained … would not be accessed, copied, disseminated, or posted on the Internet for others to use against him or his family or for the public to view,” according to the countersuit.

Attorneys for Hunter Biden challenged Mac Isaac’s claim that the laptop and an external hard drive became his property when Hunter Biden failed to retrieve them within 90 days of leaving them at the repairman’s Wilmington, Delaware, shop for servicing, citing the fine print of a repair order allegedly signed by Hunter Biden at the time.

Someone will have a reckoning. There are receipts or they are forged.

Why would Biden Jr have a reasonable expectation of the above if he had his laptop stolen?

I think we can say that is version 4. of events that Hunter Biden has claimed.

What happens if you make a deposition to Congress and it contradicts a statement of claim you attest to being true in civil proceedings?

Asking for a friend who has cleaned himself up lately. A Roman a clef of democracy, this little guy.

– – – – –

Your response will be most interesting, monty.

cohenite
March 3, 2024 5:33 pm

That may happen JC, but first he has to stump up the cold hard cash. Within a month.

Incorrect dickless

Rabz
March 3, 2024 5:34 pm

clothes and shoes were very expensive, thanks to tariffs supported by the unions

The Textile, Clothing and Footwear Union of Australia (TCFUA) was a trade union in Australia. Unsurprisingly, it supposedly represented a wide range of wukkas from the textile, clothing, footwear and felt hatting industries.

The TCFUA was formed 1 July 1992 by the merger of the AFTU of Australia and the CATU of Australia. It was affiliated with the ACTU. In 2018, the TCFUA merged into the CFMEU.

If you supposedly exist in a free market economy, then purchases of clothing, textiles and footwear should not be breaking the bank.

Except when we’re talking braindead soviet unions that exist in a stupid, stupid country.

Thankfully, nowadays clothing, textiles and footwear are relatively cheap. Or at least they were, until the blabbersak decided a new tax on clothing was in order.

The Ozzee Labore Pardee – “tax anything until it’s dead and once it’s dead, start subsidising it”.

Hugh
Hugh
March 3, 2024 5:34 pm

Never mind the people being worked to death in the CCP’s slave labour factories, I want my cheap clothes and shoes.

Roger
Roger
March 3, 2024 5:35 pm

There are two intellectual handicaps you suffer, Dover.

And it’s on…

Chuckle.

thefrollickingmole
thefrollickingmole
March 3, 2024 5:36 pm

The laptop has no authenticity, mole. It’s a fake. Just like the rest of the impeachment case.

Monty, life is not a copy of LOTR.
We require some form of proof other than “because I dreamt it last night”

Even the Maocolm Gruinaid doesnt claim its false.

JC
JC
March 3, 2024 5:36 pm

m0nty
Mar 3, 2024 5:22 PM
That may happen JC, but first he has to stump up the cold hard cash. Within a month.

Is he a real billionaire or not? I guess we will soon find out.

You slag off at the site, put on airs of superiority, but here’s the thing, Fatboy.

You’re the only person here who appears to support gross injustice against a political opponent and take great delight in seeing the rule of law and equal justice being perverted. No one on the Right does. Payback will be a bitch.

Crossie
Crossie
March 3, 2024 5:37 pm

I give you the textile and footwear industries. When I was growing up (mainly in the 1960s) clothes and shoes were very expensive, thanks to tariffs supported by the unions. My mother, and many other mothers, made a lot of our clothes at home, but she couldn’t make our shoes.

I don’t consider shoes and clothing industry as being part of the national security apparatus however, pharmaceuticals and heavy industry are essential in times of disasters or wars.

Crossie
Crossie
March 3, 2024 5:39 pm

Johanna, we also had a very good electronics industry which is now all gone. That was a bad move as not only the manufacturing capacity is gone but the skill sets we would need in times of trouble.

Roger
Roger
March 3, 2024 5:40 pm

The Ozzee Labore Pardee – “tax anything until it’s dead and once it’s dead, start subsidising it”.

Plibbers has also put a new tax on paper and cardboard sent abroad for recycling.

The companies that do it say they’ll have little choice but to pass the cost onto consumers.

Meanwhile, has anyone noticed the price of beer lately?

johanna
johanna
March 3, 2024 5:41 pm

Hugh
Mar 3, 2024 5:34 PM

Never mind the people being worked to death in the CCP’s slave labour factories, I want my cheap clothes and shoes.

Piss off, troll.

Oh, and those responding to monty’s nonsense – you are being played.

Delta A
Delta A
March 3, 2024 5:42 pm

Cooking a grilled cheese sandwich on a gas stove is MORE toxic than breathing in car exhaust fumes

Okay. I’ll make a cheese toastie on my gas Bosch, you start up my Honda and shove your nose up it’s exhaust pipe.

Dot
Dot
March 3, 2024 5:44 pm

Pharmaceuticals (as per essential medicines) are not hard to set up. The chemistry and chemical engineering is known and non destructive testing using FT-NIR & NMR is cheap. Some drugs are extremely well known and can even be synthesised from ersatz materials, like PAHs into naproxen. Everyone who did chem even in high school can synthesise aspirin or paracetamol. We also have one of the biggest opium crops in the world.

cohenite
March 3, 2024 5:45 pm

You’ve had a lot to do with dickless head prefect; is he really a complete shithead?

Crossie
Crossie
March 3, 2024 5:46 pm

Importing all agricultural fertilisers is truly unwise and disruption in availability would endanger our food supply. This is not something that should be at the n mercy of “just in time” practice.

This was brought to light in the early days of the Ukraine war with disruptions of deliveries from Ukraine. This also drove up food prices as Albo is quick to point out.

Boambee John
Boambee John
March 3, 2024 5:46 pm

Digger
Mar 3, 2024 3:12 PM
miltonf
Mar 3, 2024 2:22 PM
Everyone was complicit… EVERYONE.

bullshit

Talk is great after the fact. You have personally paid China thousands of dollars. Denial is the only thing that is bullshit…

As have all of us.

These days, I go out of my way when buying clothing and footwear to find stuff from places like Vietnam, Indonesia, India and Bangladesh, but quite often those options are not available,

Boambee John
Boambee John
March 3, 2024 5:47 pm

Digger

Everything they got from the west catapulted them from bottom end third world to approaching super power status in less than half a century. Doubting both their ability and intent is dangerous.

And they still bluff the west into accepting their claim to be a “developing” nation.

DrBeauGan
DrBeauGan
March 3, 2024 5:47 pm

There are two intellectual handicaps you suffer, Dover.

And it’s on…

Chuckle.

I hope not. Dover is a highly intelligent and educated man. I have argued with him extensively in the past, partly for that reason. I have discovered, however, that extracting the tacit and erroneous assumptions in his weltanschauung is a massive and unrewarding task.

Crossie
Crossie
March 3, 2024 5:48 pm

Finally, why are we still scaling down not just our capacity of drilling for oil but our refining capacity. Alarms have been sounded about this problem yet both sides of politics are just fine with it.

Farmer Gez
Farmer Gez
March 3, 2024 5:49 pm

Has Monty been licking old stamps again?

DrBeauGan
DrBeauGan
March 3, 2024 5:50 pm

Oh, and those responding to monty’s nonsense – you are being played.

As usual.

Roger
Roger
March 3, 2024 5:50 pm

dover,

A short definition of liberalism, if you please.

And the stages between it an ‘hyperliberalism’, if possible.

Thanks.

Crossie
Crossie
March 3, 2024 5:52 pm

Plibbers has also put a new tax on paper and cardboard sent abroad for recycling.
The companies that do it say they’ll have little choice but to pass the cost onto consumers.
Meanwhile, has anyone noticed the price of beer lately?

I believe that is the whole point, make everything to expensive so we use little or nothing.

Boambee John
Boambee John
March 3, 2024 5:52 pm

Digger
Mar 3, 2024 3:55 PM
That is why I was asking about Xi. Under previous leaders was China so aggressive?

No! Mao was a bit of an exception…. as evidenced in the Korean War and the Russian border skirmishes in the late ’60’s and to a lesser degree, Deng Xiaoping who ordered the attack on Vietnam in February 1979.

Deng Xiaoping learned that lesson, and also the lesson of Tienanmen Square. Xi might have observed, but he did not learn.

Roger
Roger
March 3, 2024 5:52 pm

I hope not. Dover is a highly intelligent and educated man.

’twas a jest, BG.

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 5:53 pm

Esther Krakau is a babe!

Louis Litt
Louis Litt
March 3, 2024 5:53 pm

With this Mardi gra weekend and their political wants – just remember sa had a bi sexual premier who during His premier ship had 8 or so young males abducted and murdered .
They got away with it except for bevan spenser von einem.
The rumour is chief commissioner of police a Yorkshire gentleman was removed while this was going on.
Why aren’t straights protesting about this.

thefrollickingmole
thefrollickingmole
March 3, 2024 5:55 pm

Your response will be most interesting, monty.

“and just like that, the Monty vanished”

Black Ball
Black Ball
March 3, 2024 5:55 pm

Keep saying it. Monty is an evil prick. That he supports the demented pervert Biden tells you all you need to know. Fark orf monty

Boambee John
Boambee John
March 3, 2024 5:56 pm

H B Bear
Mar 3, 2024 3:57 PM
Been a while between mUnty troll-by-numbers posts. Sad, low energy.

He is too stuid to even begin to understand that the Great Reversal” is actual working class members (workers, not welfare drones) are the ones losing patience with the former partyt of the working class.

The Liars’ future voters will be a combination of those wealthy enough to bear the costs of so-called “progressivism” and welfare drones. The trick for those against the Liars and Slime is to minimise the welfare rolls.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
March 3, 2024 5:56 pm

Importing all agricultural fertilisers is truly unwise and disruption in availability would endanger our food supply.

From memory, an attempt to develop a fertilizer industry in the Pilbara was halted by claims that cave paintings and songlines would be destroyed.

miltonf
miltonf
March 3, 2024 5:56 pm

Most admit I’m a bit unsure as to what ‘liberalism’ is. I assume the word is to do with books. I know in the US it’s a bad thing but I thought it would literally mean open to new ideas. Maybe it’s like ‘progressive’. I always thought of myself as ‘progressive’ but not in the sense of advocating ‘sex changes’ for minors.

Boambee John
Boambee John
March 3, 2024 5:56 pm

too stupid …

miltonf
miltonf
March 3, 2024 5:57 pm

That he supports the demented pervert Biden tells you all you need to know.

agree

Bespoke
Bespoke
March 3, 2024 5:58 pm

Monty trolls for a reaction and people willingly give to him.

Roger
Roger
March 3, 2024 5:59 pm

I believe that is the whole point, make everything to expensive so we use little or nothing.

Any government that pursues that as a policy will find themselves out on their ear at the earliest opportunity.

While there’s plenty of malignancy in the halls of power, don’t discount the role of sheer stupidity plays in these decisions.

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 5:59 pm

Good news for vignophiles!

Hunter Valley vintage tipped to be one of the best in years (Ncl local news, 3 Mar)

“Buy Hunter wine!” I can drink to that, since I have some Brokenwood Cricket Pitch CSM in my glass with dinner. Our local journo Ms Kempe is pretty yummy also.

Boambee John
Boambee John
March 3, 2024 6:01 pm

Makka
Mar 3, 2024 4:06 PM

Hunter’s public deposition underlining that Comer and his clown show are useful idiots for Russian spooks.

No surprise the fat freak m0ron defends his deviant idol.

Hasn’t Grunter made at least one other “public deposition” saying that the laptop was his? And sued to have its contents private to protect his “privacy”?

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 6:04 pm

Monty trolls for a reaction and people willingly give to him.

Monty sadly is starkly showing that his dementia is progressing unchecked.
I’m sad for his kids.

Boambee John
Boambee John
March 3, 2024 6:04 pm

m0nty
Mar 3, 2024 4:10 PM
Hey Makka, did you miss the news that Alexander Smirnov, the star witness for the Republicans in their efforts to smear the Bidens, is a Russian asset?

The laptop guff was a Putin plant from the get go. This is now established fact.

Not until it is confirmed by Mueller.

Rabz
March 3, 2024 6:07 pm

Cats – I will tolerate some forms of abuse, but what I will not tolerate is pompous waffling ol’ windbags of the Molonglo persuasion, telling me to “retract my head”, I tells ya!

Sacré bleu – I make a statement of the bleedin’ obvious about the staggering stupidity and incompetence of ASIO, essayed as it has been over many, many decades and some Sir Leslie Patterson styled monotype blunders in and attempts to defend the many sad ol’ bloated bellee sporting, young womanage groping self parodies.

Not having it! 😡

m0nty
m0nty
March 3, 2024 6:07 pm

Dot, here is what I reckon happened.

The GRU hacked Hunter’s email and injected those files (edited to add other bullshit) onto a random laptop/HDD, then engineered the cockamamie story with the blind repairman.

That story fills all the facts as we know them now. It’s impossible to prove, of course, because the spooks aren’t dumb enough to leave a paper trail for that scenario. Republicans are dumb enough to believe the results of it, though, even when known Russian assets are central to it.

Boambee John
Boambee John
March 3, 2024 6:08 pm

m0nty
Mar 3, 2024 4:14 PM
JC, what’s your thoughts on Alexander Smirnov. Genuine guy, stand up citizen?

mUnty, your thoughts on Steele? Fine upstanding Brit, genuine guy? Author of the most valuable intelligence in history, or another in the fine tradition of “sexed up” Pommy intelligence?

Roger
Roger
March 3, 2024 6:10 pm

Cats – I will tolerate some forms of abuse, but what I will not tolerate is pompous waffling ol’ windbags of the Molonglo persuasion, telling me to “retract my head”, I tells ya!

Context?

cohenite
March 3, 2024 6:11 pm
Boambee John
Boambee John
March 3, 2024 6:11 pm

Makka
Mar 3, 2024 4:23 PM
the star witness for the Republicans in their efforts to smear the Bidens,

With all the footage available of Biden sniffing and groping young kids and his proclivity to shower with his daughter , it doesn’t take any effort at all to conclude the Bidens are a family of perverts.

What;’s more interesting though is your motives for defending them. Why do you defend these deviants m0ron?

Birds of a feather?

thefrollickingmole
thefrollickingmole
March 3, 2024 6:12 pm

I believe that is the whole point, make everything to expensive so we use little or nothing.

The greenslime like to use the term “market forces” as though its something that isnt a result of their deliberate choices.

“Market forces” make the price of power go up, not our mongoloid regulations and laws..

Monty has finished its seething and coping, and is now dilating his reality to fit in more “wussians”.

Pray he does not dilate it more.

Winston Smith
March 3, 2024 6:13 pm

Makka:
And people think the AEC is above reproach?
I suppose no one ever bought dodgy shit off someone they thought was a crook either.
So who are the AEC?
What are their names?

Winston Smith
March 3, 2024 6:14 pm

Salvatore, Iron Publican

Mar 3, 2024 4:52 PM
My anti-virus tells me that [somebody] is using newcatallaxy.blog to access my computer.
Several sporadic attempts over multiple days.

Any more information?

Pogria
Pogria
March 3, 2024 6:14 pm

Farmer Gez
Mar 3, 2024 5:49 PM
Has Monty been licking old stamps again?

No Gez, Toads.

Bespoke
Bespoke
March 3, 2024 6:14 pm

You have a Honda, Delta.

Thought it would be a Ram.

Rabz
March 3, 2024 6:16 pm

err, Rog, I’m not allowed to drag other blogues (esteeemed as they might be) into my temporary tantrums, I tells ya … 😕

So here’s my favourite Ozzie brunette. 🙂

cohenite
March 3, 2024 6:16 pm

The GRU hacked Hunter’s email and injected those files (edited to add other bullshit) onto a random laptop/HDD, then engineered the cockamamie story with the blind repairman.

Great piss taking dickless, but you’re half serious. So, there it is folks: dickless and the latest iteration of wussia,wussia, wussia. The laptop has been verified. What is on it shows the degeneracy of hunter and the treason of the corpse. Next iteration will be it is really Trump on the laptop jiggered to have hunter’s head and dick.

cohenite
March 3, 2024 6:17 pm

I’m sad for his kids.

They’re not his.

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 6:20 pm

His own private Idaho.

Trump Trounces Haley In Idaho, Missouri, And Michigan (3 Mar)

The former president earned every delegate at stake on Saturday, bringing his overall count to 244 vs. Nikki Haley’s 24. To secure the Republican nomination, Trump will need 1,215 delegates in total.

In Michigan, Trump won all 39 delegates at the Republican convention in Grand Rapids, after winning the state’s primary on Tuesday with 68% of the vote vs. Haley’s 27%.

In Missouri, Trump won 51 delegates. Things went particularly not well for Haley at one point:

The steep odds facing Haley were on display in Columbia, Missouri, where Republicans gathered at a church to caucus.

Seth Christensen stood on stage and called on them to vote for Haley. He wasn’t well received.

Another caucusgoer shouted out from the audience: “Are you a Republican?”

An organizer quieted the crowd and Christensen finished his speech. Haley went on to win just 37 of the 263 Republicans in attendance in Boone County. -AP

Wince. Gotta wonder what she thinks she’s achieving since it’s abundantly clear that ordinary Republican voters regard her as something sticky and unfortunate the accidentally stepped on.

And now the song of course!

Private Idaho (1980)

cohenite
March 3, 2024 6:21 pm

Oh, and those responding to monty’s nonsense – you are being played.

We can but aspire to your aloof magnificence.

miltonf
miltonf
March 3, 2024 6:22 pm

Washington DC sure-as-shit aint the capital of the free world anymore.

Roger
Roger
March 3, 2024 6:22 pm

err, Rog, I’m not allowed to drag other blogues (esteeemed as they might be) into my temporary tantrums, I tells ya … ?

OK.

I don’t roost here, but I didn’t hear any stoushes involving your good self.

Winston Smith
March 3, 2024 6:23 pm

Johanna:

I give you the textile and footwear industries. When I was growing up (mainly in the 1960s) clothes and shoes were very expensive, thanks to tariffs supported by the unions. My mother, and many other mothers, made a lot of our clothes at home, but she couldn’t make our shoes.

No one seems to have thought of asking why our industries are unable to compete with others.
I grant you that the wage differential is a big factor, but for an advanced nation, we should be chucking robots at industry after industry. But the major issues are the regulatory environment, and the union bloodymindedness.

The Beer whisperer
The Beer whisperer
March 3, 2024 6:24 pm

According to my kids, Hamas never attacked Israel on October 7. This is of course after telling them that you can’t believe everything you hear, especially in war.

On that note, the horrific footage that is unavailable to the public should be released to the public.

Sure, radicals will say it was faked, but holding back is a mug’s game.

m0nty
m0nty
March 3, 2024 6:27 pm

Great Reversal

Dutton flew to Perth for one hour to celebrate Gina Rinehart’s birthday, then flew back to campaign in Dunkley on cost of living issues.

The right has not changed. There is no populist movement. It has always been all about protecting capital by selling nativism to idiots like you. And always will be.

Boambee John
Boambee John
March 3, 2024 6:28 pm

m0nty
Mar 3, 2024 5:24 PM
The laptop has no authenticity, mole. It’s a fake. Just like the rest of the impeachment case.

Why did Grunter sue to keep the contents private, claiming that their release would intrude on his privacy? Are you claiming that Wussia reduced his 15-inch Hog to only nine inches to embarrass him?

Roger
Roger
March 3, 2024 6:31 pm

According to my kids, Hamas never attacked Israel on October 7.

Who’s holding the hostages then?

Rabz
March 3, 2024 6:32 pm

Never mind the people being worked to death in the CCP’s slave labour factories, I want my cheap clothes and shoes

Yep! 🙂

The Imelda Collection doth not lie.

Boambee John
Boambee John
March 3, 2024 6:33 pm

Dot

Your response will be most interesting, monty.

He can’t respond, your points are not covered by the Daily Leftard Dictation Material.

Rabz
March 3, 2024 6:34 pm

didn’t hear any stoushes involving your good self

You might possibly want to look further afield, Squire.

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 6:35 pm

Oh Monty you are so much fun. Why, we were being ticked off today by no lesser mortal than Leonard DiCaprio, he of the ginormous CO2 spewing yacht.

Leonardo DiCaprio takes a swipe at Australian state over deforestation reporting as he urges Aussies to stop logging (3 Mar)

He’s a climate warrior Monty, he’s fighting for the Planet, while destroying it via his personal lifestyle. Are you saving the planet with your lifestyle Monty? Tofu and bugs are good for you, remember that.

Dr Faustus
Dr Faustus
March 3, 2024 6:35 pm

The laptop guff was a Putin plant from the get go. This is now established fact.

Good Lord.

Then, then, then that means the Federal prosecutors running the tax violation case against Biden are knowingly using false information against an innocent man:

In the court documents, the Department of Justice said the IRS and FBI obtained a search warrant for tax violations in August 2019 and were able to get access to Hunter’s Apple iCloud account.

By September 2021, Apple produced backups of data from various electronic devices Hunter backed up to his iCloud account.

“Investigators also later came into possession of the defendant’s Apple MacBook Pro, which he left at a computer store,” the court filing reads. “A search warrant was also obtained for his laptop and the results of the search were largely duplicative of information investigators had already obtained from Apple.”

The poor man will surely obtain a dismissal once Putin’s role in planting disinformation at Apple is explained.

Winston Smith
March 3, 2024 6:36 pm

Crossie Avatar
Crossie

Mar 3, 2024 5:37 PM
I don’t consider shoes and clothing industry as being part of the national security apparatus however, pharmaceuticals and heavy industry are essential in times of disasters or wars.

Boots, Crossie my good man. Soldiers need boots.
I don’t want to see my nephews in thongs made from old car tyres.

Roger
Roger
March 3, 2024 6:36 pm

You might possibly want to look further afield, Squire.

I take it this means Currency Lad’s abode?

MatrixTransform
March 3, 2024 6:37 pm

As Roger has pointed out, these ideological weapons develop a momentum of their own

no, disagree
not exogenous, we did this to ourselves

sure, the tactics were imported and adopted eagerly
but that’s only because they’re proven to work really really well for cultural or military revolutions

Bespoke
Bespoke
March 3, 2024 6:37 pm

Nearly every bit of aid is taken by Hamas. How has the US not figured that out? By dropping aid packages, they’re just keeping the war going which doesn’t help Palestinians at all.

m0nty
m0nty
March 3, 2024 6:37 pm

I reckon some of the data on the laptop was hacked from Hunter’s email and inserted by the GRUnonto the laptop, mixed in with fake stuff to incriminate him.

It is practically impossible to sort the real from the confected. Thus you can’t build any sort of legal case on it. And, indeed, the case against the Bidens has now crumbled into dust. You are just too thick to realise.

I told you that stuff already, anyway. Are your ears painted on?

Winston Smith
March 3, 2024 6:39 pm

Crossie

Mar 3, 2024 5:46 PM
Importing all agricultural fertilisers is truly unwise and disruption in availability would endanger our food supply. This is not something that should be at the n mercy of “just in time” practice.

Didn’t our dusky brethren just give a phosphate plant the traditional knock on the head? And while they were holding their hands out for more munni?

MatrixTransform
March 3, 2024 6:40 pm

What I see is people blaming external actors for fires started internally

dover … snap!!

Mother Lode
Mother Lode
March 3, 2024 6:40 pm

Pressing Matters Pinot Noir.

Exquisite!

They apparently have 18 combinations of distinct clones (as in distinct) Pinots and rootstock. So they can be selective. Nice balance of dark and red fruit without being sweet. Tannins smooth grained and lingering rather than being all upfront – apparently they de-stem the grapes before crushing so you don’t get the harsh woody tannin and green capsicum flavours.

Yep, best wine pairing with Coco Pops I’ve ever had.

Boambee John
Boambee John
March 3, 2024 6:42 pm

Stupid is as stupid does.

mUnty produces a scenario where the Wussians “create” the laptop, but admits that it is impossible to prove this scenario.

Then he calls the laptop “established fact”, even though he says the fact cannot be established.

Bizarre.

Delta A
Delta A
March 3, 2024 6:43 pm

Thought it would be a Ram.

Of course it is, bespoke. The Honda’s my shopping car.

Dot
Dot
March 3, 2024 6:44 pm

I reckon some of the data on the laptop was hacked from Hunter’s email and inserted by the GRUnonto the laptop, mixed in with fake stuff to incriminate him.

Monty

This doesn’t matter. The fact remains is his Congressional deposition contradicts a statement of claim he made.

I have also counted four different versions of events Hunter Biden has claimed, now you are hypothecating a fifth one.

Which has not been claimed by the administration.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
March 3, 2024 6:44 pm

‘Unforgivable’: Liberal fury at MP Zoe McKenzie’s snap with Labor’s Dunkley victor Jodie Belyea

EXCLUSIVE
By simon benson
Political Editor
6:10PM March 3, 2024
14 Comments

It’s the Instagram photo that has sent conservative forces within the federal Liberal Party into meltdown.

“An absolute act of naivety,” said one senior Liberal source.

Said another: “Unforgivable”.

At around 10.30pm on Saturday night, Liberal MP for Flinders Zoe McKenzie posted a selfie with the yet to be declared new Labor member for Dunkley Jodie Belyea.

In her post, Ms McKenzie congratulates the Labor candidate after the outcome of the result in the by-election was declared.

The post shows Ms McKenzie, who replaced former Coalition health minister Greg Hunt as the member for Flinders following his retirement before the 2022 election, with her arm around Ms Belyea.

Supporters of Ms McKenzie, however, say that she has always been a strong supporter of the late Dunkley MP Peta Murphy as a champion for women.

Point taken. The image posted by Ms McKenzie was presented as a show of solidarity among women representing the Mornington Peninsula of Melbourne.

“Congratulations Jodie Belyea,” Ms McKenzie says in the post. “You have been a good friend to women across the Mornington Peninsula, Look forward to working with you in looking after paradise.”

Flinders and Dunkley are adjoining electorates but are politically, poles apart.

The sentiment of unity, however, wasn’t shared by Ms McKenzie’s more hardened Liberal colleagues not only in Victoria but further afield.

“I was floored,” a senior Liberal source told The Australian.

“To say the anger among the ranks is palpable would be an understatement.”

The Instagram image has spread through national Liberal ranks like wildfire.

“We are at war with Labor. To think this new breed of Liberal thinks otherwise is infuriating.”

“We are going to run a campaign against Jodie Belyea at the next election, what do we do now?”

Dot
Dot
March 3, 2024 6:44 pm

is —> that

Roger
Roger
March 3, 2024 6:46 pm

And while they were holding their hands out for more munni?

Given that our productivity is presently running in reverse, so the pie is getting smaller not larger, who’s going to provide the money in the medium term future?

Rabz
March 3, 2024 6:49 pm
Rabz
March 3, 2024 6:49 pm
Roger
Roger
March 3, 2024 6:50 pm

“We are at war with Labor. To think this new breed of Liberal thinks otherwise is infuriating.”

Identity politics trumps party politics for this lady, it would seem.

The Liberal Party brought this upon itself.

Dr Faustus
Dr Faustus
March 3, 2024 6:50 pm

When you get to the point where “I reckon…” is tendered as forensic proof of anything, you’re off to the Apollo Moonlanding Studio of endless possibilities.

Zulu Kilo Two Alpha
Zulu Kilo Two Alpha
March 3, 2024 6:51 pm

He seduced hundreds of women (as well as a few men) and had a child with his half sister amid a haze of drink and drugs. Now a racy new book reveals what turned Lord Byron into a sex addict…

This bloke would have made a damnfine Cat!

Roger
Roger
March 3, 2024 6:53 pm

Purple Haze …

I see what you did there.

Speaking of Jimi, he’s responsible for probably the best cover version ever, All Along the Watchtower.

Even Dylan later changed the way he performed the song live in a hat tip to Jimi’s version.

miltonf
miltonf
March 3, 2024 6:53 pm

What’s wrong with the Lieboral party-

Supporters of Ms McKenzie, however, say that she has always been a strong supporter of the late Dunkley MP Peta Murphy as a champion for women.

Point taken. The image posted by Ms McKenzie was presented as a show of solidarity among women representing the Mornington Peninsula of Melbourne.

“Congratulations Jodie Belyea,” Ms McKenzie says in the post. “You have been a good friend to women across the Mornington Peninsula, Look forward to working with you in looking after paradise.”

Marxist identity politics ahead of cost of living pressures. They really don’t get it. Just despicable.

Makka
Makka
March 3, 2024 6:54 pm

It has always been all about protecting capital by selling nativism to idiots like you.

To faux- communists like you m0ron,Gina is a terrible woman. She provides jobs and incomes to tens of thousands of families, creating wealth that she pays billions in tax on, her employees can get mortgages and pay child care, creating exports to strengthen our economy, donating to hundreds of charities as well. What a terrible person she is and definitely not someone worth celebrating with.. Whereas Handsome Boy Albo had to be strong armed to not lead the rainbow deviant parade, where you leftists feel so comfortable.

miltonf
miltonf
March 3, 2024 6:55 pm

Almost like this McKenzie waste of space is happy a wimmin beat the liberal guy. Another effing lawyer too I see.

Bruce of Newcastle
Bruce of Newcastle
March 3, 2024 6:57 pm

Um, Monty, Hunter has acknowledged it was his laptop.

He’s also asked to get it back.

Which makes it fun since if it is Russian disinformation why does he want it back and why did he admit it is his?

I can play with Monty all day, but it’s after wine o’clock so here’s a song.

From Russia with Love (1963)

  1. Also include the opportunity cost of lost manufacturing industries driven overseas by a dearth of baseload power.

  2. Note that mUntard only refers to Megawatts or Gigawatts, he never adds the essential word “hours” to those numbers. I…

  3. Awful people teaming up to get awful people out of jail while making huge amounts of money? Nah, never happen.…

  4. Lancet Study on Covid Vaccine Autopsies Finds 74% Were Caused by Vaccine – Study is Removed Within 24 Hours A…

  5. Rosie Reading through that article Vaers records all events that occurred within x days of vaccination, it doesn’t mean all…

1.1K
0
Oh, you think that, do you? Care to put it on record?x
()
x