Thursday, February 12, 2009

Protecting & Selling Australia - Short Term Thinking

If you have read the contents of the stimulus package you will have seen all the 'pork' it contains. The really scary part it how much it will put the country into debt. This all based on a brief handout of money to families that will put them into deeper debt. Historical and current evidence from other nations is that such a package will do nothing for the long term stability of the country but Rudd and Co. are more interested in the political advantages rather than any benefits for the country as a whole.

Senator Feidling is also looking at the short term gains for his families and ignoring the longer term pain it will cause. Labor is just looking to put the country into debt and Senator Xenephon is pushing for South Australia or this is a smoke screen to masks his real concerns about the long term effects of the Bill.

Swan is moving as fast as he can to arrange for more of Australia's assets to be sold to China. He is looking at the short term cash flow and ignoring the long term losses as China gets to buy resources at a much cheaper rate by taking profits from the goods they sell to themselves.

Apart from the occasional flash is thinking from Xenophon the rest of the country seems to be hell bent on taking a brief payout to sell the country down the river. The latest high end figures put Australia $200b in debt this year. That beats all previous debt and Labor will have managed to do it only after a couple of years in power.

A government should not be able to place the country in debt like this. To do so abdicates their responsibility to the nation and to the people. State leaders are still going ahead with their airy fairy projects like tram extensions in South Australia, while ignoring larger issues and problems. All to get themselves reelected at the expense of Australia and Australians.

You know what, let's do it. Lets spend what we don't have and sell off our last remaining assets. That way it will be a much shorter path to the self-realisation that our leaders and the people that supported them are idiots or simply hate Australia. It will only happen when all Australians are feeling the problem. Despite what some are saying now, the depression has yet to hit, all we are feeling and seeing now are the very light front fringes of the problem and there is a long way down yet. Our leaders are doing their best to make sure that we hit bottom as quickly as possible. Sadly, once again, most of the media has yet to see this. I must try to remember to refer back to this in 6 months time.

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