Carbon taxes smashed share markets
This week, allowing for some market correction and the impact of recession due to creation of money (inflation - do this at home and see what happens to you), stock in firms first hit by carbon taxation dived around the world. Not only energy companies but also manufacturers.
The Centre of Independent Studies committed intellectual fraud in using a thick wall of falsehoods to push carbon taxation. Greg Lindsay has refused to retract, apologise and publish correction papers. He relied on his great gun, John Humphreys, to push the propaganda and then not defend the indefensible but slime critics who demolished their fabrication.
Rudd is using the same falsehoods to ram down carbon taxation. Well, the valuation of Australian coal based energy producers has been tumbling for some time. How bad is this? They, and overseas companies are being strangled to death. Why?
Carbon taxation means the ‘murder’ of companies. Investors will not supply capital only to see it destroyed by carbon taxation. It is not, however, only energy firms but also manufacturers whose share prices are collapsing.The elimination of cheap, economically efficient energy means they fall to the ground too. Their capital will also be extinguished because they don’t run on wind and solar panels; they require constant, efficient energy supply. Manufacturers in Britain, large scale firms, are folding because of Tony Blair’s and Gordon Brown’s carbon taxes.
Carbon taxation is ‘mass muder’. Bye the bye, this is not altogether a metphor. Destruction of efficient energy production means lives are put in real danger. This is in contrast to, for example, the lie - “if we don’t kill Co2 emission, many will die from heat” as told this week by an expert charlatan. Charlatans spew out such lies while it is highly probable people will be killed because of Co2 taxation and so let’s name it for what it will be, State murder of Australians - a realitythe CIS is thus also committed to.
One of the lies Phoney Tony Blair and his partner in criminal thuggery, Gordon Brown, used to deceive the public is: income transfers and tax cuts, and mercantilism will compensate for the impact of Co2 taxes. The absurdity and viciousness of this lie is obvious and yet it is asserted also by the CIS and Rudd. To repeat:
There can be no income transfers and no income tax cuts when the generator of income, capital, is razed by rotten, criminal, increasingly totalitarian spivs in politics, in bureaucracies, their advisers and “think tanks”.
The stock market crash is strong evidence of this obvious truth, or should be obvious but it is not to Rudd and his Cabinet of fascists, and the CIS. The reason is, they make a garden worm look like Rhodes sholarship material.
Share prices are the present value of the expected future earnings of firms. Investors are telling what the long term future of many companies under carbon taxes is, destroyed. Razed into oblivion. The CIS asserts the lie carbon taxes are costless. This is great news only for the greens and that is the real objective of
carbon taxation:
The Greens is a stalinist front and they are determined to destroy the free, capitalist world. It is in their manifesto. Chavez supporter Bob Brown even read it into the Senate Hansard. Worse, the incompetent, ignorant Right, when the Liberal Party was in office, did much to impose and entrench the Greens’ Stalinist plans, through Campbell, Kemp and Turnbull.
Companies, and not only very wealthy investors but also millions of modest investors (even if only via super funds) are watching their savings and their future retirement nest eggs obliterated by increasingly totalitarian thugs. This is what the Centre of Independent Studies is also culpable of, by their “policy position paper” - a propaganda smokescreen to aid rotten politicians and bureaucrats in the perpetration of this crime.
Even before CO2 taxes, the ‘plunder and squander’ habits of Local Councils, State’s Governments and the Federal Government is destructive. It can cause depression. Carbon taxation and other Co2 emissions controls (in reality also taxes) will ensure complete economic destruction. The 1930’s Great Depression will seem the height of prosperity in comparison. This is what the CIS has decided is good for Australians. So too have:
Malcolm Turnbull; David Kemp; Ian Campbell; other retarded idiots stuffing the Liberal Party and Australia.
They brought this on, they put Rudd into office. They really do hate modest Australians. Unforgivable, absolutely unforgivable. As for the”Government”, it is wrong to say it is acting lawfully. It is deliberate perpetration of a massive crime against Australians, resting on nothing less than coercion, it is sheer violence. This is why, for example, the tax regime is hideous enough.
Not only the ALP but also that venal dumbkopf Peter Costello intensified and increased the real police state powers exercised by the ATO against Australians. This is what the shocking prosecution of Michael Edgely turned on. Police state power will now be intesified again, through Co2 taxation. These are totalitarian measures - it’s not a matter of being funny or obnoxious in saying so, it is the truth and the Right are also guilty of pushing this onto Australians.
The CIS is tied to the China based Peony Company. It is a pseudo-business. Its aim is to make its principals billionaires out of larceny, in the form of “cap & trade”. Mr. Peter Yates is a director of that bogus business and a director of the CIS.
There are also bogus businesses in Australia hoping to clean up. Via ethanol, pushed by hypocrite Andrew Bolt, socialistos pretending to be businessmen. Caltex is up to its eyeballs in this fraud. Is this why Caltex refuses to attack capital destruction through Co2 taxation? The thugs behind windmill farms - now tied to the fraud of the Bracks - Brumby desalination plant. Then, there is MacQuarrie Bank, which also hopes to enjoy great plunder via “cap and trade”.
There are figures who are now asking, who is Greg Lindsay working for. Who paid him to publish a solid wall of propaganda lies in order to abet Kevin “destroy working families” Rudd.
There is a reaction emerging. Modest Australians are beginning to realise what Co2 taxation means. They are not armed with the economic reasons to explain what they are now beginning to appreciate. They do realise what they are witnessing, companies in Australia and around the world bleeding to death quickly from Co2 taxes. All can watch this spectacle for free, on the stock market.
The Rightwing anti-free market think tanks, CIS and IPA have completely failed companies, the Liberal Party and Australians. As have many other other boors who, holding members and Australians in contempt, have wrecked the Liberal Party, and have suppressed sound advice. They ensured Party members and Australians are not informed of truths of grave import. Their disgusting antics over labour market reform, which they also completely wrecked, demonstrates this rather vividly - they blew a sound measure and the Liberal Party out the water.
What that lot and the ALP will be responsible for isn’t appalling, shocking and unconscionable. It is worse. It will be horrendous, large scale crime committed against Australians, the deliberate economic destruction of Australians. Oh, and Professor Garnaut is one of these rotten bastards. They shouldn’t be respected. They should be hauled out of their expensive offices, dragged by the scruff of their necks and tried and convicted by an uncompromising judge and thrown into prison for the criminal bastards that they are and what they are doing to Australians.
As for the Green’s gurus, and other diseased hard leftists they can be dealt the exiles option: sent to a country that reflects their morals, North Korea.
P.S.
Some Union thugs do know what Co2 taxes mean. They made it plain by their attempts to convince Rudd to adopt nuclear energy. The problem is, nuclear power would still come at the cost of the deliberate destruction of clean, efficient coal based power firms, and will require massive transfers to prop it up. This is what those parasites Hugh Moragan and Ron Walker hope for, enrich themselves by the nuclear option larceny scheme. Needless to say, other companies will still be crippled.
Have the bosses told their members they fully support Rudds aim to destroy them? No, of course they haven’t.
For the edification of the members of those rackets called unions, the Union bosses fully support your complete ruination through environmental controls. They are only nervous over, you might discover the truth.
To reinforce this, the sheer number of Union thugs in Parliaments, federal, State, and Local Councils who support these criminal actions against you, and all Australians, are from the ACTU, subsidiaries and major unions. They are on the Hansard record.
They won’t tell their “members” what they are really on about. They know that the members would take after them with sharpened axes, which is what Liberal Party members should do to the thugs who have not only wrecked the Liberal Party but are also directly guilty of these monstrous plans to completely destroy Australia.
john CARSON wrote:
Douglas
I agree with almost everything you say ,but are we that stupid in this country to allow it to happen, to destroy one hundred years or more of
quite a good life for most people.you know what….. i think we are …TIME TO STAND UP AND BE COUNTED, BEFORE ITS TO LATE
Posted on 05-Jul-08 at 11:04 pm | Permalink
D wrote:
That I say hear hear to, it is time to stand up to them - or else they will od us in right properly.
Posted on 07-Jul-08 at 9:53 am | Permalink