Australia - The Banks Have "More Power" Then Kevin07?

[gordon]

When I watch the news, I swear that the banks have "more power" then our Prime Minister, Kevin07. I guess the banks are the ones whois wearing the pants in the family.

[sehnsuchtben]

Hey mate,
Just wondering what you mean by that. Kevin's just the PM, he reacts to problems as they arise. In markets, banks definitely have more power than K-Rudd because they are 'in them'. As far as the RBA goes, the official line is that while the RBA is wholly owned by the Aust. Govt., it is a totally separate entity, and is not to be influenced by politicians at any level but rather by the chairman and it's board (who are representatives from big business all over Aust.), which is why Turnbull and Nelson were both criticised for their comments about passing on rate cuts to mortgage holders.

[gordon]

I just think that every one of us Australians is screwed. Kevin07 is the worse PM Australia has ever had. Kevin Rudd has screwed Australia soo much that we are back in the stoneage - Australia is not moving forward in any means, because there is no new Technologies for this so called global warming (the same old poo) - Thanks to Kevin07, Australia does have 23,000+ over stayed overseas people living here - Crime has gone up - taxes have gone up - people are getting poorier and the rich is getting richier - And the migrants in australia, those people get FREE Higher education, those people pay less-no taxes, those people get MORE payment and a better lifestyle to work and live here *All Thanks To Kevin Rudd. Australians should of voted for Pauline Hanson.

[munkey]

Originally Posted by gordon

I just think that every one of us Australians is screwed. Kevin07 is the worse PM Australia has ever had. Kevin Rudd has screwed Australia soo much that we are back in the stoneage - Australia is not moving forward in any means, because there is no new Technologies for this so called global warming (the same old poo) - Thanks to Kevin07, Australia does have 23,000+ over stayed overseas people living here - Crime has gone up - taxes have gone up - people are getting poorier and the rich is getting richier - And the migrants in australia, those people get FREE Higher education, those people pay less-no taxes, those people get MORE payment and a better lifestyle to work and live here *All Thanks To Kevin Rudd. Australians should of voted for Pauline Hanson.

all part of the big picture gordon, it makes no difference who is the figure head, they are just pawns.
just a small example.
Bush said to Howard, if you follow us into Afghanistan we will offer a free trade agreement.
where did we end up going?
We are just as much of a slave to the global situation like everyone else, take a look around, all countries have a huge migrant immigration, remove boarders and create the new world order.
now we are going to have our internet censored because we were told too

[firefly]

Originally Posted by munkey

all part of the big picture gordon, it makes no difference who is the figure head, they are just pawns.
just a small example.
Bush said to Howard, if you follow us into Afghanistan we will offer a free trade agreement.
where did we end up going?
We are just as much of a slave to the global situation like everyone else, take a look around, all countries have a huge migrant immigration, remove boarders and create the new world order.
now we are going to have our internet censored because we were told too

That's correct munkey, and every country just happens to have a Reserve Bank and all are controlled by the World Bank and IMF. And no RB's are owned by the Governments of those countries.

firefly

[munkey]

Originally Posted by firefly

That's correct munkey, and every country just happens to have a Reserve Bank and all are controlled by the World Bank and IMF. And no RB's are owned by the Governments of those countries.

firefly

One correction for you there
there are a few countries that don't have foreign owned RB's
Iraq, Iran, North Korea, Cuba, Syria and also Venezuela if memory serves me correct.
In fact, any country that is considered a threat to the security of the world you will find does not have a foreign owned reserve bank.

[sehnsuchtben]

Originally Posted by gordon

I just think that every one of us Australians is screwed. Kevin07 is the worse PM Australia has ever had. Kevin Rudd has screwed Australia soo much that we are back in the stoneage - Australia is not moving forward in any means, because there is no new Technologies for this so called global warming (the same old poo) - Thanks to Kevin07, Australia does have 23,000+ over stayed overseas people living here - Crime has gone up - taxes have gone up - people are getting poorier and the rich is getting richier - And the migrants in australia, those people get FREE Higher education, those people pay less-no taxes, those people get MORE payment and a better lifestyle to work and live here *All Thanks To Kevin Rudd. Australians should of voted for Pauline Hanson.

I don't mean to hate on you mate, but I personally think what you're saying is BS. The Rudd govt. has been in office for 10 months. I don't know why you've got such a bee in your bonnet about K-Rudd but you are a little misguided if you think the country has gone to hell in 10 months. The Rudd govt. proposed new broadband networks for Aust., including the country areas sorely lacking access to try and stay in touch with emerging IT demands. They've proposed solar pannels for households. As far as skills go, they've invested in skills training to address the skills shortages in Australia.

Now, about this 'overseas people' living here - you may think Australians should have voted for Pauline Hanson, and no doubt you loved J-How - but the Rudd govt. dismantled two detention centres that were deemed to be inhumane conditions for refugees to be held in. Many of those who come to study here do not receive free education - no idea where you got that from - they are actually up-front fee-paying students, which universities LOVE because it's money in the bank, as opposed to HECS paying Australian students. Many Universities openly attract these 'overseas people' and expand departments and courses to cater for larger numbers, such as business schools. If you've got a problem with that, you've actually got a problem with the marketisation of education, which is a neo-liberal artefact of services being run to maximise profits.

Not only that, but the serious skills shortages have actually resulted in many businesses not being able to emply enough people to continue to run their business in line with their profit model - they are BEGGING for 'overseas people' to come and work for them so they can try and keep up with production. Realistically, this probably won't continue as unemployment rises in the economy due to the large economic downturn happening now, and about to come HARD at us. We run a 70% service economy mate (didn't happen in the last 10 months, I assure you, been happening over 30 years)
and it's obvious that if credit shrinks, consumption falls, people buy less, they go out less, demand for services drop, industries cut back jobs and unemployment rises. It a problem in the REAL economy at that point.

If you're refering to the credit crisis - the 'Kevin07' hardly started that mate. Dude's only been PM for 10 months - that started back in earnest in 2001 after 9/11 when the Fed eased interest rates, but actually probably started in the 80s and was ramped up in the 90s to fight the US recession - they just never let it stop. The Rudd govt. new tough times were coming and generated a significant budget surplus that they can invest in future Australian industry if need be. They got rid of work choices mate so your boss can't just say 'off you go mate, you no longer work here', or 'you've got to sign this agreement that says you get paid no more than THIS and get NO benefits'. Labour looks out for the people. Liberal looks out for business and investment, and hopes that if they do well, the little guy will see a piece of the action somewhere down the line. In good times (like the last 8 years where there was massive credit expansion - read: fake money), it actually works to an extent and our unemployment came right down, but you can hardly give J-How credit for a massive global debt bubble and a domestic mining boom because we've got natural resources under the ground. That's why there were rate rises. They couldn't do a damn thing about it, think of the inflation associated with such a credit expansion. Why do you think it's gone up to 5% now. It's come home to roost in the real economy and you're paying more for bread and milk.

Anyway, that's enough. Like I said, I don't mean to hate on you or anything but I just think what you wrote was a bit ******.

[munkey]

Originally Posted by sehnsuchtben

I don't mean to hate on you mate, but I personally think what you're saying is BS. The Rudd govt. has been in office for 10 months. I don't know why you've got such a bee in your bonnet about K-Rudd but you are a little misguided if you think the country has gone to hell in 10 months. The Rudd govt. proposed new broadband networks for Aust., including the country areas sorely lacking access to try and stay in touch with emerging IT demands. They've proposed solar pannels for households. As far as skills go, they've invested in skills training to address the skills shortages in Australia.

is this the same broadband he wants to censor?
Or the same idiot who signed the Kyoto protocol even though true sscience is telling us Global warming is a myth.
Ths skills training was put in place by the Howard goverment.

At least Howard knew nothing of the internet and left us alone.

[sehnsuchtben]

Originally Posted by munkey

is this the same broadband he wants to censor?
Or the same idiot who signed the Kyoto protocol even though true sscience is telling us Global warming is a myth.
Ths skills training was put in place by the Howard goverment.

At least Howard knew nothing of the internet and left us alone.

Hey mate,

Censorship software was already available, to be honest I don't know about the new proposal. I'll check up on it when I get a chance.
The whole Kyoto protocol thing is obviously a hot potato. There are those who say Global warming is a myth, and those who say 'green' policies are a necessary idea, as far as the health of the planet goes. I don't think anyone can disagree with the idea of a more green industrial practice - obviously the carbon trading thing looks like it has the potential to be just another ruse to benefit the big corporations with little or no benefit to the environment.

Don't get me wrong, I'm not saying I have no doubts about the nature of politics in Australia - Rudd called for an Asian-pacific trading-block-style-union - we've all seen and read enough about this stuff to know about the idea of merging regional block unions for a world govt. He may be a fabianist, who knows. But I totally take issue with that other dude's post - the logic is flawed, and the stuff about 'overseas people' is pretty off.

Cheers

[munkey]

Originally Posted by sehnsuchtben

Hey mate,

Censorship software was already available, to be honest I don't know about the new proposal. I'll check up on it when I get a chance.
The whole Kyoto protocol thing is obviously a hot potato. There are those who say Global warming is a myth, and those who say 'green' policies are a necessary idea, as far as the health of the planet goes. I don't think anyone can disagree with the idea of a more green industrial practice - obviously the carbon trading thing looks like it has the potential to be just another ruse to benefit the big corporations with little or no benefit to the environment.

Don't get me wrong, I'm not saying I have no doubts about the nature of politics in Australia - Rudd called for an Asian-pacific trading-block-style-union - we've all seen and read enough about this stuff to know about the idea of merging regional block unions for a world govt. He may be a fabianist, who knows. But I totally take issue with that other dude's post - the logic is flawed, and the stuff about 'overseas people' is pretty off.

Cheers

no problems, as I mentioned in one of my posts somewhere that he is just another puppet anyway, didn't matter who got in, all these things would have happened anyway.