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Grappler Truth Teller Feller Gold Member Offline Australian Politics Posts: 83302 Proud pre-1850's NO Voter Gender:	Re: privatisation Reply #405 - Jul 13^th, 2023 at 2:19pm Give it a rest - we don't need your abstruse theory again and again and again...
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Grappler Truth Teller Feller

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Re: privatisation
Reply #406 - Jul 13^th, 2023 at 2:21pm

thegreatdivide wrote on Jul 13^th, 2023 at 2:04pm:

Grappler Truth Teller Feller wrote on Jul 13^th, 2023 at 8:42am:

Dnarever wrote on Jul 12^th, 2023 at 5:58pm:

Quote:

privatisation

You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.

Exackery!!

Wrong, as shown in my post which should appear when I press'send'...

Quote:

And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins.

?? Hopefully the robots WILL be moving in, and we can work progressively less hours, with guaranteed participation for all who want work.

"the rest of you will have More Leisure Time sitting on the park benches out the dole office or sleeping under the bridge... Time To Do All The Things You Always Wanted To Do - but never will you have enough to do them..."

Bit slow off the mark, eh? Maybe you should try reading the whole thing, O Autistic One.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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thegreatdivide

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Re: privatisation
Reply #407 - Jul 13^th, 2023 at 2:43pm

Grappler Truth Teller Feller wrote on Jul 13^th, 2023 at 2:19pm:

Give it a rest - we don't need your abstruse theory again and again and again...

Er... the current gruesome neoclassical/neoliberal monetarist orthodoxy is NOT an "abstruse theory", it's fact.

But just because you can afford housing and use your heater in winter (re people who live in the South), doesnt mean the current gruesome orthodoxy should remain in place.

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thegreatdivide Gold Member Offline Australian Politics<br /> Posts: 12283 Gender:	Re: privatisation Reply #408 - Jul 13^th, 2023 at 2:43pm .
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thegreatdivide

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Re: privatisation
Reply #409 - Jul 13^th, 2023 at 7:21pm

Grappler Truth Teller Feller wrote on Jul 13^th, 2023 at 2:21pm:

thegreatdivide wrote on Jul 13^th, 2023 at 2:04pm:

Grappler Truth Teller Feller wrote on Jul 13^th, 2023 at 8:42am:

Dnarever wrote on Jul 12^th, 2023 at 5:58pm:

Quote:

privatisation

You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.

Exackery!!

Wrong, as shown in my post which should appear when I press'send'...

Quote:

And that is precisely what will happen when the robots will not be moving in to take all your jobs and destroy your hopes and dreams and your personal economies in pursuit of endless profit for the few with their hands on the reins.

?? Hopefully the robots WILL be moving in, and we can work progressively less hours, with guaranteed participation for all who want work.

"the rest of you will have More Leisure Time sitting on the park benches out the dole office or sleeping under the bridge... Time To Do All The Things You Always Wanted To Do - but never will you have enough to do them..."

You have a problem with all of us working less, as robots take over the sh*t work? You can keep shovelling sh*t if you want to.

Quote:

Bit slow off the mark, eh? Maybe you should try reading the whole thing, O Autistic One.

Not necessary; your gruesome survival of fittest in competitive neoliberal NAIRU markets, renders reading the whole thing pointless.

You will insist people keep shovelling sh*t even when robots can do it.

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thegreatdivide Gold Member Offline Australian Politics<br /> Posts: 12283 Gender:	Re: privatisation Reply #410 - Jul 13^th, 2023 at 7:22pm .
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thegreatdivide

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Re: privatisation
Reply #411 - May 1^st, 2024 at 7:18pm

aquascoot wrote on Apr 11^th, 2022 at 4:33pm:

Bobby. wrote on Apr 11^th, 2022 at 2:11pm:

aquascoot wrote on Apr 11^th, 2022 at 2:02pm:

Bobby. wrote on Apr 11^th, 2022 at 1:55pm:

https://media.gab.com/cdn-cgi/image/width=720,quality=100/system/media_attachmen...

very good meme

i dont blame the uber rich for doing it.

you have to blame the politicians for being their little bitches and doing their bidding.

the rich have a duty to make money for their shareholders.

the pollies should stop taking the bribes and put the brakes on

The average person is being shafted by Govts. and banksters.

its odd they cant see it bobby.

look at the pandemic

who benefited?

amazon
facebook
netflix
pfizer
bunnings
gerry harvey
the media

big governments right or left, it doesnt matter.
they do what big tech and big corp tell them or they are out.

look at america and joe biden.
military spending is up.
we had trump saying that the USA should mind its own business.
the cia and the military industrial complex went nuts.
in comes biden

did you know biden , obama and hilary dropped more bombs then george bush?
they dropped so many , they ran out of bombs.

nancy pelosi, a so called friend of the down trodden, as woke as f**k is worth 320 million dollars.

how did she get that when her salary is 200k a year.
she brought millions worth of tesla stock just before biden announces an EV mandate.

but because she is woke, the lefties idolise her.

she is laughing so hard at those fools

Looking back at President Obama’s legacy, the Council on Foreign Relation’s Micah Zenko added up the defense department’s data on airstrikes and made a startling revelation: in 2016 alone, the Obama administration dropped at least 26,171 bombs. This means that every day last year, the US military blasted combatants or civilians overseas with 72 bombs; that’s three bombs every hour, 24 hours a day.

Politics (and economics) make strange bedfellows....... I agree with this post.

Solution: national currency-issuing treasuries should finance government with money created out of thin air, free of usurious money-lenders/banksters,
with inflation limited by price controls and rationing in cases of supply chain failure, in a mandated full-employment, zero interest rate, zero tax scenario.

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Jasin Gold Member Offline Posts: 47293 Gender:	Re: privatisation Reply #412 - May 1^st, 2024 at 7:35pm USA: The Privatised Political Nation (owned by the Media and a bunch of Chefs).
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Grappler Truth Teller Feller

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Re: privatisation
Reply #413 - May 1^st, 2024 at 7:49pm

... inflationary... destroys standard of living by raising costs of living ... creates massive unearned profits for a few insiders.... was created by some in politics who directly benefited from it and yet never faced trial .... creates and perpetuates greater and greater economic and social divides by benefiting that small group of insiders ... is theft of publicly owned utilities and services by any other name ... has never one given up the result it was lauded as offering, but has instead, raised costs while whatever funding was accrued from sale can only be found in history books...

The last people you want in charge of an economy are economists and politicians and other public servants......

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Jasin Gold Member Offline Posts: 47293 Gender:	Re: privatisation Reply #414 - May 1^st, 2024 at 8:08pm Banks should be in charge of an Economy. They know how to get rich and everyone gets the spillover. Politicians are not specialised 'Economists'. Only someone in Representation of 'all' Banks here in Australia should be 'in charge' of Australia's Economy and even the Politicians have to 'bend the knee' to them as the last word.
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Setanta

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Re: privatisation
Reply #415 - May 1^st, 2024 at 8:32pm

Jasin wrote on May 1^st, 2024 at 8:08pm:

Banks should be in charge of an Economy.
They know how to get rich and everyone gets the spillover.
Politicians are not specialised 'Economists'.
Only someone in Representation of 'all' Banks here in Australia should be 'in charge' of Australia's Economy and even the Politicians have to 'bend the knee' to them as the last word.

Ahhh, nothing like a bit of trickle down theory.

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Dnarever

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Re: privatisation
Reply #416 - May 1^st, 2024 at 9:35pm

thegreatdivide wrote on Jul 13^th, 2023 at 1:58pm:

Dnarever wrote on Jul 12^th, 2023 at 6:41pm:

thegreatdivide wrote on Jul 12^th, 2023 at 6:14pm:

Dnarever wrote on Jul 12^th, 2023 at 5:58pm:

Quote:

privatisation

You can only think that a lot of money went into politicians pockets.

There is just no other reason for doing it.

Privatisation: also by reducing taxation** especially on the the wealthy, which forced a reduction in public spending.

**the notorious "trickle down" dogma, supposedly incentivising the wealthy to work harder and be more productive, to the benefit of society. Hasn't worked - inequality is soaring while the public sector is broke and subject to 'budget repair'.

But indeed the video a few post below mentions polies owning their 6th and 7th homes, while the public housing stock has collapsed.

Quote:

by reducing taxation

I cannot think of one example where taxation was reduced . In fact it is the opposite. Privatisation of profitable assets results in a financial deficit which is recovered in increased taxation.

(quick google)

1. How did neoliberalism affect the economy?
Globally, the rolling out of neoliberal policies has led to a plethora of harmful socioeconomic consequences, including increased poverty, unemployment, and deterioration of income distribution (Rotarou and Sakellariou 2017; Collins et al. 2015).26 June 2019

2. https://www.jstor.org/stable/3877849

Tax Policy in an Era of Internationalization

JSTOR
https://www.jstor.org › stable
by D Swank · 2006 · Cited by 413 —

Taxes on capital (and generally mobile, high-income earners) are progressively lowered while tax burdens on relatively immobile factors (like wages). etc

(Read the article; I can't copy and post it).

It's amazing you don't know tax rates on high incomes have been progressivly reduced since the 60s.

Even Labor are about to introduce the stage 3 tax cuts which will deliver $5k to people on $200K plus.

Quote:

Even Labor are about to introduce the stage 3 tax cuts

The original comment was a bit short handed. Tax cuts due to privatisation is what is clearly meant. None of the tax cuts mentioned here came from this. The majority of top end tax cuts were either not funded or paid by increases to the lower taxed in other ways.

A prime example would be the unaffordable Howard era tax cuts that were dependant on unachievable economic growth which eventually led to a failure to recover from the GFC that left the economy floundering for several years preventing a normal recovery.

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thegreatdivide

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Re: privatisation
Reply #417 - May 1^st, 2024 at 10:08pm

Grappler Truth Teller Feller wrote on May 1^st, 2024 at 7:49pm:

... inflationary... destroys standard of living by raising costs of living ...

CB lifting interest rates hurts poor borrowers; solution - near zero interst rates. ( see the latest MMT post: "the natural rate of interest is zero).

Price controls (and rationing if necessary) go to the actual problem of inflating prices (for whatever reason, eg supply chain failures causing excess demand).

Quote:

creates massive unearned profits for a few insiders.... was created by some in politics who directly benefited from it and yet never faced trial .... creates and perpetuates greater and greater economic and social divides by benefiting that small group of insiders ... is theft of publicly owned utilities and services by any other name ... has never one given up the result it was lauded as offering, but has instead, raised costs while whatever funding was accrued from sale can only be found in history books...

A good description of the outcomes of Friedmanite neoclassicism, and small 'government' (ie low taxes**) /privatization ideology.

**The silly thing is - a currency-issuing government doesn't NEED to tax or borrow, in order to spend on available resources.

Quote:

The last people you want in charge of an economy are economists and politicians and other public servants......

True. Treasury should be directed to take a stock-take of the nation's available resources and productive capacity, with pollies merely presenting different options to the public re resource mobilization and distribution.

Money is not a problem for a currency-issuer, resource management is.

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goosecat

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Re: privatisation
Reply #418 - May 1^st, 2024 at 10:43pm

Your task; if you choose to accept, is to present ideas on maximizing the growth and profit of all our newly aquired privatised prisons throughout the country. Baring in mind that our business growth requires at it's foundation; more criminals, the management of which forms the basis of our business and its earnings. Address how we as an organisation may be able to influence and affect the political landscape, media and society at large to increase the amount of criminals within our sphere of operation and ensure continued growth.

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« Last Edit: May 1^st, 2024 at 10:51pm by goosecat »

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Jasin

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Re: privatisation
Reply #419 - May 1^st, 2024 at 10:56pm

The Privatised Prison was originally an Australian innovation.
But it is America that has really taken it to extreme effect.
Many American towns and cities 'invite' to have Private Prisons set up in their areas.
If you are caught littering and can't pay the immediate fine.
You are sent to prison for a day or so to pay it off - except your stay at Prison 'costs you money' as you are charged for 'nearly' all expenses for your stay, like food and laundry. If you can't pay the (say $90 per 24hrs), then you continue your stay until you do - each day accumulates to your 'bill'.
Some people find themselves having to stay in Prison for much longer than their original 'day' term because they can't pay.
While in these Prisons - you are put to work 'manufacturing' stuff for the American Economy.
Now this is where China gets upset because the USA is using 'free labour' to undermine it's $2 labour in manufacturing.

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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