“Labor could introduce a super-profits tax to take the pressure off inflation, but they’re too busy protecting their corporate mates.”   

freediver wrote on Sep 7^th, 2024 at 7:59am:



But it was the RBA that printed all the money that caused high inflation.

They should have said NO to the Govt. when Govt bonds were issued -
and not printed money to pay for them.
We are still going into more National Govt. debt.
It's now $1.2 trillion as we live way beyond our means:

Australian Debt Clock
http://australiandebtclock.com.au/

This is why the greens are right.  Of course some people will use scare tactics though.  We need a super profit tax.   

whiteknight wrote on Sep 7^th, 2024 at 11:16am:



Sure we do, but that has little to do with interest rates.

John Smith wrote on Sep 7^th, 2024 at 12:41pm:


The Greens: “If Labor really cared about people being smashed by rising rates, they’d stop siding with the RBA and use the power they have to bring down interest rates.”

Unfortunately the Greens' spokesman didn't say  - as you correctly noted  - what power Labor has to bring down interest rates, and how they would do it, which is why the Greens answer to economc hardship is tax increases on the wealthty and big companies - non starters for politicians who have to get elected.      

That's because the Greens - like everyone else - don't want to explore altenatives to our obsolete mainstream neoclassical/neoliberal economies, with politicians hiding behind the "independent central bank" dogma.

The RBA was never independent.  but you are right about the appointment of yet another old mate from the barricades -  if you've served your time in some minor and ultimately forgettable 'war' for women or something - why - you could be a 'governor-general'!!

What's wrong with Labor these days?  THAT!!  It's all about getting a great gig for self and your old frontline mates who've done not a thing of use in life other than carry on the same as those lunatics who camp outside universities to support Hamas.

I'll call this one the Higgins Syndrome - how to become a high-ranking millionaire without work by becoming a Joan of Arc for 'women's rights', or something else trendy and totally unfounded in reality.

Men have been sitting on the rough end of the pineapple since the 1980's - and it began earlier with free uni and women with time on their hands flocking to them and building up numbers - now look at them - disasters from start to finish, same as politics and the public service and many professions... I looked up my doppleganger - Professor of Medicine - and what did I find? Five out of six 'professors' of medicine in that uni are now women.  As in WTF?

Did men suddenly become too stupid to handle the structures and jobs they designed, built, maintained and extended for generations, or is it so weak and powerless and without balls that they just allow this matriarchy to dominate and control and take all power positions?

Anyone?  If you want an example of how a matriarchy runs things into the ground - look at the NT government.... then cast your eyes on AlboGuv Inc..... and the Jobs for the Girls Scandals time and again.

Feminism is the greatest danger to Western social fabric, national security, and economic stability - and is the root cause of all the 'whinge until you get' idiotologies doing the rounds these days.  Every swinging tit that comes along with a Manifesto uses the now well-trodden path to Victory Uber Alles that was worn by the feminists - whinge, cry, carry on about feelings, be 'offended' by everything instead of growing up, say you are oppressed, rave about 'rights', any lie will do if repeated over and over (wage gap lie) ... and Bob who was your uncle is now your auntie and wants his balls cut off so he can share in the lovely... artificial advancement, coddling over everything, special this and special that, time off for feelings, right to make accusations without challenge ... the list grows and grows.  32 years of lunging the knives at men over any claimed or perceived possibility of a fight, and stealing their families and assets without any essence of fairness or decency, and they still don't get it.... the violent approach to men IS violence - it will never PREVENT violence but will instead leave another long chain of angry victims.  HELLO!!

Good men can't even get a decent gig in the Armed Services unless they take the hard and dangerous work - the engineer officers I used to know were often big blokes who could hold up the front of a Land Rover with one hand... now the bosses are sheilas ... will the young men of Australia - who WILL be the ones called upon in a real emergency - actually bother to defend a nation that has betrayed them?  How many women have passed through the British Parachute Regiment's training for full Para? NONE!  They don't like the mud, the hefty packs, and the thirty mile cross-countries etc, not to mention constant running here and there.

Sgt Guarnere:- "They can shoot me. I am NOT jumping into China under command of that woman..."

Bump for FD.