Interruption

This has turned out a messy week for posting, timewise. Some lines for a bit of investigative journalism are opening. It’s still to early to post on what I’m pursuing, but if the case builds and consolidates you, readers, will enjoy another ripe scoop on this site.

Having pushed back the postings, on Monday and throughout next week I will unload a stack of items eviscerating the idiot “Right”, and some diseased leftists. So, the IPA, CIS, and HR Nicholls Society can enjoy a disturbed weekend. Oh, and a few “Rightwing” journalists too. The hard Left cannot be defeated until the nepotistic “Right”, still wrecking the Liberal Party, is wiped out first, marking it is this lot that flung Rudd into office because of their stupidity.

The diseased, treacherous Left

The conduct of Kim Beazley, in his last stint as Opposition leader, and Kevin Rudd against Howard over the war against Saddam Hussein and Muslim terrorists in Iraq was disgusting and treacherous, on several counts. Kevin Rudd is still a good for nothing cretin on the war against Islamo-fascists, in Iraq, but what else is to be expected of this little demagogue. Sadly, what sits opposite is sufficiently stupid that nailing Rudd on this, as well as economics is far above their puny ability, but then this is why Rudd is in office.

It is Rudd who bound the Australian Armed Forces to the “international torture convention”. The “convention” is not aimed at arresting real torture. Mind if it were, it would be completely useless against Islamo-fascists, and the Stalinist regimes of Cuba and North Korea. It would be a bit like saying to an elephant, ‘Do you mind not trampling over my house, and killing my family and friends? Cease, this instant!’ The usual treatment of elephant demolishing houses and killing villagers is to shoot the ugly beast.

No, the “convention” is strictly aimed against the fighting men of the Australian, US, and British armed forces. As soon as the ink began to dry, Australian troops, engaged in a hard fight against an enemy worse than primitive savages, were investigated for torture. One much publicised complaint against some of these brave men is, having taken Islam fascist enemy prisoners, they locked them up in a dog kennel as temporary prison. This, the claim went, was a violation against their Islamic sensitivities and real torture, a claim echoed by diseased Leftists, and half-wits called disc jocks on talkback. It was naturally dismissed for the nonsense it is.

How long will it be before men are charged and convicted on such counts? The new minister of defence is keeping up the fine tradition observed by both the ALP and the dumbkopf “Right” of abusing the armed forces. It is rotten enough having that threat hanging over good men. Before continuing, here’s another instance of abuse - no, two:

Navy, when not engaged in battle operations against enemy, has been ordered to not cruise at full speed. It means, presumably, courts martial for any valorous Captain defying this act of stifling miserliness of rats in Canberra. On the other hand, the problem can be solved through purchasing the best, off the shelf, fully armed warships and subs, and they all come nuclear powered. As a matter of fact, I enjoyed a conversation with a Royal Dockyard engineer. He said the best is nuclear powered. So, why haven’t the politicians done their duty by the gallant men who risk their lives at sea against enemy? The reason, to save fuel! I can understand why.

Both parties, having plundered capital, and income earners to buy voting blocks through great big socialist spending binges, have crippled the capacity of real taxpayers to supply the forces. Then, forget the treacherous Leftists in the ALP, expecting the “Right” buy the best for the Navy is like asking a snowflake can it withstand heat. After all, while wrecking the Liberal Party they never waste a day appeasing Greens and conceding their demands, and cowering before Leftists. Besides, it’s much better to divert taxpayers funds to multi-billion dollar socialist scams and spending binges, which Rudd is going to increase by more than $10b (and by the time this pack of morons in brown shorts have finished, $10b will seem a trifle).

Why should politicians constrain themselves to the only duty and obligation of not what is falsely called Government, but of the “Executive”, to visit sudden death and destruction upon those who wage war against Australians. I mean to say, where would all these politicians be without their grand, multi-billion dollar schemes to save us all from the miseries of: obesity; to ensure many are properly dumbed down through the hideous but risible zoos called schools and universities;the splendour of Soviet style medical services; saving that Goddess of Death, Mudder bloody Nature? So, with all these great wheezes to puff themselves up with, pretending to be little gods in boots wagging their fingers at mere mortal Australians, it’s no wonder the Australian Armed Forces were shafted long ago and both parties happily keep on shafting them.

I know ex-servicemen who are ex because, they could no longer stand being shafted by the treacherous Left and the nepotistic “Right”. These honourable men will not say so in public. Being gallant professionals, they would not say anything that would tarnish their fellows under arms, as well as their reputations in the services. Politicians freely abuse the armed forces because they know that due to the honour and professionalism of servicemen they can get away with abusing them, daily.

The second instance might also seem trivial to some readers but,but as with the fuel rationing, it is not. It is the fraud of selling ‘defence housing’ to investors. Behind this scheme stands the kleptomaniac “Right” and their anti-free market clunker tanks the Institute of Public Affairs and the Centre for Independent Studies. This will be picked up in another article but it suffices to state:

Housing for the men of the armed forces has been paid for by taxpayers - it’s already paid out. It is part of the pay to servicemen. So, what on earth are the Right and Left doing! It is not merely a vicious fraud. It is a real cut in pay to servicemen.

Ever heard of politicians cutting their own pay packets, untaxed fringe benefits, and untaxed, fully taxpayer kept, fully CPI adjusted superannuation? Never; but these bastards have the hide to cut the real pay to men who risk their lives in hard conditions, against enemies of Australians. Shameful. and disgusting don’t rightly serve the professional, dole bludging cretins, but this is a family site - I refrain from calling them for what they really are.

It was commenced last year, which means it was the “Right”, ably advised by the IPA and CIS, who dreamt this wheeze up. This, in the name of the Liberal Party. If any Liberal Party members are not yet ashamed of what this lot do in the name of Liberals, this at least they should cause all to hang their heads. The sanctimonious, oleaginous, chiselling “Right” at work, and no wonder the Left “lurve them”. Oh, the motivation - so that politicians can collar hundreds of millions of more dollars per annum from taxpayers and servicemen to throw down more black holes they dream up each day. The point emerges:

With rotten parasites called politicians abusing the armed forces in every way they can fathom, is it any wonder that the diseased Left have a free pass on the only thing the Executive should engage in, warfare? The “Right” has not merely never fought the hard Left, it paved the way for this lot of treacherous religious fanatics (socialism is a religion). The ‘“Right” couldn’t face a mass attack by a lone, bloody mosquito, let alone face the thugs of the diseased Left, but they can bravely batter good men from behind.

The worry is not the enemy coming from the front…

The danger is the enemy in the rear; they can deliver you to the enemy.

In the war against Islamo fascists, they are the enemy to the front. The enemy behind the back is the diseased Left, and they get away with their treachery because of the gutless slobs of the “Right” and their clunker tanks. Let’s take an example, that lying bastard employed by Murdoch, Geoff Elliott:

Elliott flies cover for his favourites, the US Stalinist Democrats Party. This is one thing, but he’s worse. than this. Elliott leant his pen to undermine the war against in Iraq, by publishing his great lie, US troops massacred Iraqis. Elliott is in good company:

The objective of the hard Left all along has been to cripple the West in the war against real mass murdering, totalitarian thugs – Saddam Hussein, and since Hussein, Islamo-fascists. Recall, readers, leftist journalists calling the wars against Hussein, and Islamo fascists in Iraq a “quagmire”, dreamt up by evil Republicans and John Howard (whom they equated with Hitler). The diseased Left also tag the war against the enemy a ‘race war’, which is odd since the US Stalinist Democrats wass the slavers’ party, and Party of the Klu Klux Clan, whereas the Republican Party was and remains the party of Liberty.

For the diseased Left, the enemy is capitalism. Thus they fully support Islamo fascists, as well as the likes of the Castros and their regime, and Chavez. In Australia, the list of friends of Cahavez is a who’s who – Bob Brown and the Greens, Union thugs, and various fronts. Chavez:

- Narcotics king pin destroying youngsters from Latin America to Australia

- Is trying to convert Venezuela and Colombia into Stalinist hellholes (his pals in Cuba call him the new Fidel).

- He funds, arms and trains Marxist terrorists in Latin America.

He does the same for Islamo Fascists, and more. He brings them into Venezuela to train them, and has given them full ‘diplomatic’ standing within Venezuela, complete with embassies.

This is the monster the diseased Left is trying to obtain free exchange with Australia for –as in free entry into Australia for his gang of terrorist funding murderers. Bob Brown declared this aim in Parliament earlier this year, as previously related.

The notion that MPs who give full support to the the likes of Chavez and other savage outfits, is deranged.This isn’t a matter of free speech and all real rights. It is about treachery against Australians – the Green’s and the hard Left’s progrom, to the utter ruination of Australians and Australia for the sake of their fantasy straight from Hell. For this, they side with types brave men in Australian uniforms are risking their lives to fight. This is real treachery. This is the world the likes of Geoff Elliott inhabits, loves, covers for, and for which he lies to the public.

When Islamo fascists blew up the Twin Towers, the diseased Left immediately went to work, apologising for them and saying the free West made them do it, as well as ignoring the even by then long record of bombings and other acts of terrors. When Islamo fascists seized victims and beheaded them in Iraq, Leftwing journalists and their trolls said it was the victims’ fault. When Islamo Fascists bombed and shot victims in Mumbai early today, a Leftist blamed the Indian Government:’

Dr. Wright Neville this morning on 3AW, said to this effect, ‘The Indian Government pursuit of terrorists brought about this predictsblepredictable reaction’. This garbage is typical of his anti-Bush-Howard rot, and he is Monash University’s expert on terrorism and countering it.

Great analysis: it’s not the scum who committed these atrocities - noting they have taken “hostages” (unless rescued quickly, it needs no saying what the grim prospect is). It was that Government’s fault for doing its oath-sworn duty -seeking them out and destroying them.

Last week, Leftist front, Getup, put up a video of David Hicks, who whined about his treatment in Gitmo, he was ‘tortured’. Apart from the truth - he wasn’t, even the Geneva Convention did not apply to him and his pals, and still doesn’t. David Hicks wasn’t a boy when he left to join Islamo-fascis terrorist cells in Europe, Kashmir against India, met up with Al Qaeda, and for his last effort joined the Taliban. Al Qaeda and Taliban have nice habits, eg:

- Executing anyone who defies shria by throwing them off heights, strangling them, stoning them.

- To keep villagers obedient, they regularly grab men, women and children and indulge in real torture, as was discovered by troops fighting them in Afghanistan, one favoured technique was (and it cannot be dismissed they might still commit it) to hang their victims on hooks by the skin. Then they would skin them and slowly eviscerate them. It wasn’t quick, they expended hours, many hours torturing each victim to death. The Leftists journalists have never reported the grisly truth about their heroes, and still don’t.

The politicians oppose the death penalty and so, naturally, they along with the journalists indulged in a long whine against the execution of the Bali bombers. The real pity is that they were not shot far sooner.

The notion that terrorists deserve common law, criminal trials, long jail terms, and so forth, is garbage. Islamo terrorists, moreover, are driven by hatred for what makes the West great, and it is not socialism but capitalism. This is a hot, ideological war. The Islamo-fascist enemy is in it to win. Those who were released from Gitmo about 10 years ago now, rejoined their terrorist cells. Only wiping them out stops them.

They cannot win, if the West maintains its resolve. Indeed, the war could be shortened. However, measures that inhibit, even cripple the capacity to destroy them, backed to false moral sentiments (played upon by the treacherous Left) can lengthen it, and even bring free countries into great danger - which the hard Left aims at. Consider:

The diseased Left predicted the Coalition would be defeated in Iraq. It’s now 2008 and the Islamo fascist enemy is destroyed. It’s now a mopping up operation. What might reverse it is Obama and Rudd making good their threat to abandon Iraq.

Hussein was a monster and mass murderer. His Party was the National Socialist front, Baath. Until this lot of murdering thugs emerged, Iraq was a prosperous country. They reduced it to a hellhole. The French Socialist politicians equipped Saddam with an underground, nuclear weapons factory. Hussein turned Iraq into a vast, outdoor, Islamic- terrorist training camp. He used chemical weapons against villagers. Al Qaeda terrorists ran trials of chemical compounds on victims seized from villagers, and reported back to Saddam on the results, inclusive of live footage. Yet, not only Leftists in the media covered this up, in order to attack Howard and Bush, and to sap public confidence in the Armed Forces; Beazley and Rudd ran the Left’s lies, and accused Bush and Howard of Lying and leading Australia into an immoral war.

The reason why the diseased Left and the likes of Rudd get away with their falsehoods and worse is, “The Right”. The “Rightwing” journalists lead the way in this, their cowardice before treacherous bastards such as Elliot. This, readers, is the grist of expansion, for tomorrow.

IR disaster and the Right is to blame

Arrived back a day later than estimated. Country radio is as abysmal as City radio. The man in the rural street is calling Rudd a little aspiring dictator. Since it’s late, a brief note on employment.

Gillard, as the ‘Minister for Employment’, has laid out the Cabinet’s 600 page ‘labour reforms’. It’s a monstrosity. For, now, however, Sharon Burrows is overjoyed and she would be, since it’s written to hand much of what the ACTU thugs desires, with cream and jam on top.

Burrows claimed it will make pay and employment certain and secure for employees. That it will increase pay, and this means more money “churning”, which will stimulate the economy. The measures will end employers’ “balance of power” over employees. All this is rubbish is built on fictions and lies. One other thing, the fallacy of indeterminancy of pay rates was the unspoken presumption behind her propaganda statement.

Only production generates paying jobs, and capital accumulation raises them. Union bosses exacting effective minimum pay rates means those who survive the consequent contraction in employment will recieve the effective minimum wage. Burrows is lying to Australians, as also her comradely thugs in the ACTU. They cannot raise total pay by exacting effective minimum wages. To note, employers are already examining their labour requirments and cutting them, so as to avoid much of the force of Gillard’s measures. Employees are being laid off already because of it.

The real problem is, however, not the fact that the Rudd Cabinet and their ACTU base is about to throw many employees onto the street. The problem is that it got to this, a Rudd fascist Cabinet with a policy that guarantees nasty increases in unemployment. It is due to the Right and that they completely wrecked and discredited free labour markets, as with free market economics in general.

In this regard, ACTU boss Burrows and Gillard are right. The 2007 election was lost because of the stupidity of the Right in wrecking the campaign for reform. Stupidity, typified by the HR Nicholls Society, whose non-existent grip on labour market economics consisted of assuming all the fallacies and lies the ACTU relied on to smash free labour markets. It was lost in 2005, thanks to that lot of idiots.

Now employers are scrambling to find out how to make good out of the carnage, and employees are worried too. It’s a complete disaster.

This brief note is the starting point for expansion. Tomorrow, we take up the cudgels and begin smashing the “Right” and their anti-free-market clunker tanks, the CIS, IPA, and HR Nicholls Society.

Conversation with a CEO. Recession and the ineffectual “Rightwing”

An extract only, the rest is confidental, of a discussion with a CEO yesterday.

The CEO is very irritated by the commentariat. They he said, have failed to lift out what is happening  and explain the recession. Even BRW, he said, is very annoying. He is also very concerned politicians will do something very stupid.

I asked him, “‘You appreciate that recessions are caused by central banks engaging in credit expansion (to clarify quickly I tacked on, “as in money forging”), and that this monetary disruption distorts the framework of prices and hits manufacturing first and long before it boils out into financial market corrections?” His reply wasn’t a surprise, “This is not discussed. Why isn’t it? It’s what we need to be informed of.”

I then asked, “have you considered that since the J curve is true, its inverse is true? His jaw dropped. However, I did remark, the recession has been greatly exaggerated – “the worst since the Great Depression. Rubbish it is. What can happen, and it looks very likely, is politicians will do something very stupid to worsen it.”

I did not wish to upset him too much, so I didn’t mention that that is what the Rudd Cabinet will do if it proceeds with imposition of ‘industry planning’, which is Soviet Style planning that destroyed the USSR. I did mention Carbon taxes will destroy capital, and he is already well apprised of this and, obviously, very concerned about this threat. (Who paved the way for it but the watermelon reds in the Liberal Party, and their clunker tanks, with the CIS excelling them all by actively lobbying for “Capital Destruction Day” (by means of carbon taxes).

Needless to say, one will be sending the CEO some pertinent reading matter. I did give him a brief summary of why the media commentariat are ineffectual: “There’s nothing there. They are voids in economic theory, and hence their lousy commentary that compounds confusion where clarity and accuracy is required.” “Look at Terry McCrann and Alan Woods, for instance. What do you make of them?” He replied, “Hopeless, bloody awful hopeless.” This interested and engaged him, so I continued:

“As for the CIS and IPA, they are not of the same cut. As self-styled free market think tanks they are worse, and also refuse to do their duty to companies that donate to them.” I asked him in the rhetorical figure, “You wouldn’t hire stunned rabbits to defend kith and kindred? That’s what you get if you use this lot.” This he appreciated very much, and so I pressed further:

“There is no need for boom busts. It’s due to Keynesian snake oil.’ I expanded on this and then, to check and invite him to challenge ,asked, “Why do you believe we are in this mess?” He didn’t ping anything, but it was a leading question:

“Besides the keyensian RBA, idiot politicians and their illiterate advisers, the ‘free market think tanks’ have left the field free for politicians, their advisers, and the hard Left.” This is why we are not only in recession, and have been for longer than this year, at least a couple of years now. It is why we now face the dangers of what the politicians are about to do.” This he found an irritating but interesting revelation.

I next pointed out that there are two economists in Australia who can deliver the analysis required and that they predicted the recession long before it emerged and, importantly, gave the explanation why from within a solid framework of economic theory. Mr. Gerard Jackson and Dr. Frank Shostak. This interested him greatly and he asked, “Why aren’t they used?” This was my reply:

“The treacherous Left dominating the media are not keen on seeing anyone competent promoted to the public, and neither is the nepotistic ‘Right”. I gave the expansion of why: “It would expose the ‘Right’ and their clunker tanks for the hollow, ignorant incompetents that they are.” He had a good chuckle, bye the bye.

“They are lazy. They don’t care about the consequence of their derelictions. They don’t give a stuff about the impact of lousy non-economics on companies and modest Australians. They can’t admit that their intellectual foundations doesn’t exist but for a soup of fallacies, and face what they would have to do to rectify their lack. Lastly, they are cowards.

“Even if their economic grip wasn’t non-existent, just flawed, they are cowards and will not fight in public for things which must be fought. It’s all about themselves. That is why they, and the BCA and AIG too, do not serve companies at all – they all put on a PR front only, in order to induce donors to pour funds into them. This is why companies are in a jam.”

The above gave the CEO much to chew over. This is another executive who is now on my list of those seeking solid economic analysis and, to repeat, one obliges them by sending them solid reading material.

Ghosts return. The living dead

Mr. Terry McCrann, this is ridiculous. Having failed to predict the recession a decade ago, because he is an economic illiterate (stick to your strength, as pedestrian as it is, financial commentary), he was certain until September this year that everything is “hunky dory”. Contradicted in September, McCrann sought refuge in saying what he had not predicted:

‘NSW is in recession, Victoria might be at a slight risk, but the WA mining boom will save all Australians anyway’.

He didn’t consider the last claim, the mining boom would carry all forward, a risibly false claim and why it was so. When the mining ‘boom’ blew sky high, he turned around and said, ‘the recession was predictable’. I’m puzzled as to how can McCrann explain his contradiction, because it is no true paradox, as his record shows.

So, while one agrees with some of McCrann’s latest sentiments, it is pointless praising the man when he makes “Johnny come lately” look like a speedster. Sentiments only, because his latest pronouncement is his regular drill, dicta issued absent of economics:

Brumby goes back to the future on protection

Let’s take a real free market economist in action, as a pointed contrast:

Brumby urges Rudd to repeat the Whitlam disaster and flood the economy with ‘cheap credit’

What’s worse for McCrann is: I do not have Jackson’s mastery in economics - depth in theory and history of, but by attending to fine economists, their theoretical work - applying to it, oneself has managed far, far superior commentary than McCrann (and, blast, I’m still waiting for Davidson to refute what is otherwise true, the inverse of the “J curve”).

Why, even what McCrann attempts I dealt with swiftly today, but MacCrann’s genius is always manifested in the incoherence of his drivel. MaCrann stands in heavy company, the likes of Professor Saunders of the CIS, and Professor Sinclair Davidson of both the CIS and IPA and the expensive ‘childcare centre’ called RMIT. They all are good advertisments for hindsight driven by clowning around (this is what passes for learned wit for Davidson and Saunders, though Davidson takes a jaundiced view of wit - for him it must be augured by smearing his superiors such as Jackson).

You see the point readers, illiterates pretending to be masters in economics - the media, CIS and IPA, Davidson, don’t simply make a mess of grave matters. It is because they don’t have a clue as to what they are supposed to be analysing that the likes of Brumby, Rudd, Turnbull, Bishop, Peter Costello, David Kemp, Swann, Penny Wong, Glenn Stevens and the RBA exist and trample over Australians. Well done, McCrann, you blithering, hypocritical idiot. The likes of McCrann ensures that that lot of criminal cretins have oxygen.

I can’t wait for the next instalment, “McCrann saves Australia, the US, and the entire world.” Spiffing, simply spiffing brilliant. Give him a gold star to stick on his next ‘econ’ thesis, written in crayon on butcher paper. Then, then Mcrann can return, satisfied, to his comfy home, the grave. A Zombie’s job well done.

“They are still getting it wrong on the recession”

Thus began Jackson in an article. They are degenerating, going from wrong to hopelessly confused.

Westpac released it’s latest economic report, which concludes Australia is heading into a recession but in the 2nd half of next year, recovery will commence. Australia has been in recession since before 2007. The problem with Westpac’s report and forecast is it commits the same fatal flaw to which the RBA and the commentariat are addicted to, keynesian snakeoil, of the report the fallacy consumption drives growth and, conversely, reduction in consumption means, what, recession - this fallacy is behind the hysteria of the commentariat. This fallacy is the meaning of the Westpac–Melbourne Institute Leading Index.

The report commences with a lapidary statement, “it fell 3.5% in August 2008 to 1.1% in September 2008″. It continues:

“… the first quarter of 2009 is likely to show negative growth following the “one off” boost to growth in the final quarter of 2008 as households potentially spend up to 40% of the $8.4bn which will be paid directly by the
government on December 8 as part of the $10.7bn fiscal stimulus package.”

This is abysmal, and it is not leavened when the contradiction is noted, consumption doesn’t fall off in a recession, it rises. Even more idiotically, there is a glaring contradiction in the report itself, turning on what they define as economic growth/recession, consumption. Asserting because it is falling recession is here, in the next breath it states, consumption is about to shoot vertical.

Leading Index growth rate collapses, Bill Evans, Chief Economist, Westpac.

The media, are clueless, as this by the Herald Sun shows:
Economic growth slumps, boosting recession fears

Next to renewed spending on housing, it sheets the driver as a massive increase in Government consumption. Now, unless the Cabinet and Treasury have their own money forging press, it comes at the cost of one thing, taxing capital and thus liquidating it. It is plain for Keynesians, capital, capital accumulation, and theory of it counts as much as it does for the Centre of Independent Studies and the IPA, they are totally bereft of it. By some miracle, politicians pissing stolen private property up against a wall builds capital ex nihilo, instead of savings.

In other words, Westpac is totally ignoring what the burden of keynesian spending sprees hits. It means they are also oblivious to the real danger, politicians can compound the damage inflicted by the real culprit, kenyesian monetary expansion. The damage has been done, the only policy is for politicians to eschew keynesian aresenic, let the recession do its work in eliminating malinvestments due to the monetary disruption caused by the central bank, and get off the backs of Australians, savers, entrepreneurs and sound production and capital accumulation. Instead, Rudd, playing Father XMas (an insult to the Saint - who wasn’t a little idiot of a fascist slob) is busy plundering Australians and handing it over to armies of parasites, and yesterday it was the turn of the petty tyrants, Local Councillors - billions for them to indulge in collectivist measures they call “commooooonity groups and services”.

Having defected on their obligation, maintaing roads and footpaths and taking out the trash, they plunder rate payers and throw it down the necks of the unemployable. They then have the hide to whine they don’t have the revenues to do their only and bound duty to ratepayers. Now that Rudd will throw billions at them, they will expand their squander and come next year, reach deeper into ratepayers pockets to prop up their new level of ‘happy times for ticks are here again’.

Realising there might be more to it and wishing to save face, diseased Leftist, Geoff Elliot, wrote:

G20 goes short on monetary policy

He must have read Brookesnews, but he still cocks it right up, as he proceeds to a bit of US bashing. Trying to be wise long after the fact, as did the IPA’s Alan Moran is a bit like a cripple running sprints against champs. Elliott, as Moran, did not nail the cause of the recession, central banks around the world and their monetary expansion, which came to an in 2007; worldwide monetary disruption that central banks have been committing over many years until late 2007. As Jackson shows, in the article linked above, from December 2007 to August this year, monetary policy has been deflationary.

NB, yes I promised a festchrift but, unhappily matters had to be dealt with. The point to the above, is how bad the state of economics is in Australia, a telling reflection on the Universities. After all, they produced the commentariat, the Keynesian gurus in banks, the buffoons in the IPA and CIS. The rotten thing is the force of rotten economics when acted on. Rudd is only about punishing Australians more, cheered on by the likes of BCA and Westpac. Dreadful, deadly, brutal stuff it is but who said arsenic was anything but deadly poison.

NASA sinking in scandal of its making

The exposure of NASA’s fraud by McIntyre, through Hansen the head of its Goddard Institute for Space Studies, is becoming a major international scandal. There is an important detail one was unaware of until now:

“The institute’s figures are one of four data sets used by the U.N.’s Intergovernmental Panel on Climate Change to come up with its doomsday scenarios.”

[Cold, Hard Facts, INVESTOR’S BUSINESS DAILY, 17/11/08]

The IPCC has always been corrupt, and has always resorted to fabrications as its arguments for the Greens’ lie, Co2 emissions causes global warming. The IPCC was not set up as scientific institute. It was set up for politicial reasons, careerist politicians and Statists seeking a club to weild against those they do not serve, the voters.

The IPCC and the whole ‘global varming’ brigage are insidious, keeping in clear view the Great lie was propagated by those fantatical diseased Leftists the Greens. Keep in view, the KGB established the Greens in the 1960’s, first in Germany, as a weapon with which to undermine the West.

The KGB’s reasoning, a front that had the appearance of a spontaneous protest movement would enjoy far greater success than any front that was directly tied to the KGB. They funded the Greens, they selected and trained its cadre, they wrote - as it were, its modus operandi. Putin and the KGB stand to collect if idiots like Wong and Rudd persist with what will be nothing less than criminal, Kyoto compliance and capital destruction day through Co2 taxes.

The recession, however, is concentrating the attention of the modest man in the street, who in increasing numbers is deeply disturbed that it is fraud and that compliance will mean their ruination. What the prospect is, is a major political shift which will prove a very nasty time for the diseased Left, and also the parasites who have wrecked the Liberal Party and betrayed genuine Liberal principles and Australians.

Again, the hard left dominated media in Australia is not reporting on the fraud perpetrated by NASA and Al Gore’s pal, Hansen. Telling the truth is not their commitment, at least when it crosses their aims - just look at, for example, that diseased, hard Leftist and lying bastard called a Geoff Elliot, of The Australian.

Hansen is a thug, by the way, who hold’s totalitarian views, and sees nothing wrong with diseased Leftist fronts such as the Greens committing acts of terrorism. This is the sort of thug Geoff Elliot holds up as a decent type. It is a telling not, revealing those driving the great Greens’ lie for the vicious creeps they truly are. Get stuffed, Wong and Rudd.

Time was eaten up today, by the investigation mentioned yesterday - there’s some smoke. So, tomorrow will be a festschrift of posts.

More ‘global warming’ fraud

Having exposed the fraud of the Mann et al “Hockey stick”, on which that pack of liars called the IPCC used as ‘evidence for the Greens’ lie, man causes global warming, Mr McIntyre has done it again. He’s exposed another fraud, committed by Nasa:

The world has never seen such freezing heat, By Christopher Booker (Telegraph,

Booker also relates something that has been suppressed within Australia by the Left dominated media. Mentioning that charlatan, Dr. Hansen, and his nasty habits:

“Another of his close allies is Dr Rajendra Pachauri, chairman of the IPCC, who recently startled a university audience in Australia by claiming that global temperatures have recently been rising “very much faster” than ever, in front of a graph showing them rising sharply in the past decade. In fact, as many of his audience were aware, they have not been rising in recent years and since 2007 have dropped.

“Dr Pachauri, a former railway engineer with no qualifications in climate science, may believe what Dr Hansen tells him…”

Naturally, the “Right” is it’s usual self, silent. The gutless do hide from fights.

The fraud of ‘man causes global warming through Co2′ emissions’, is nothing more than an excuse for the imposition of what are nothing less than totalitarian measures which will also be economically devestating. That is all it is. The sight of politicians taking refuge behind fraud in preparing what they are about to do, fully supported by the cleptomaniacal “Right” is chilling. As for Penny Wong she’s a liar, the number one progaganda foghorn (the IPA called her “Australia’s most powerful woman in history” - I know grannies who could squash the stupid cow with the flick of an eyelid), supported by the ‘Corrupter of youth’ Peter Garrett.

Penny Wong is a liar because the claim is built on lies and not science. She’s is lying to Australians, in her capacity as a Minister of the Crown. This should be cause enough for her to be sacked and turfed out of Parliament. Or, it would but for the watermelon red right that is strangling the Liberal Party and have fulsomely encouraged the diseased Left. noting the cretins who were ministers for the Greens’ cult of death in the Howard Cabinet, Ian Campbell, David Kemp and Malcolm Turnbull, who also saw nothing wrong in rejecting science for voodoo, mass economic sabotage and smearing scientists who dared tell a few hard, scientific truths about climate.

Readers, this will have to do for today. I came across something needing investigation. Whether it proves up is another matter, and whether I can publish on it another - and if it has legs and sources stand by it, I will fearlessly report - as readers who have followed this site can attest. Quite a contrast to the unprincipled cowards of the Right and their clunker tanks the IPA and CIS - their motto is, “I surrender”, their colours are bright yellow and their creed, ‘quick, get hold of a donor’s bank account, clean it out and run’.

The Right discredited economics. A Conversation with a Company Director

It could be assumed the fight for free markets is not only real, but is now very hard, thanks to the “Right”. This is wrong, because it understates how bad the situation is in Australia. A conversation with a company Director alerted me to the problem. The Right has succeeded in discrediting economics full stop. This is a disaster.

The distinction should be clear enough. The fight for free markets is against diseased Leftists, and against certain schools of economics such as the arsenic called keynesianism, and, for this matter, the anti-free market fiction of perfect competition on which much damage has been wrought by Federal and States’ governments. The “Right” has strangled debate within the Liberal Party, which is bound up with why the Party has been reduced to a standing joke in the States and Federally.

Other considerations which have strangled the Liberal Party is the Kroger-Costello death grip over the Victorian Division. For good measure , the “Right” have ensured tight control over economic advice through their fellow nepotists of the CIS and IPA. Taken with the HR Nicholls Society, they have singularly set back economic debate and progress the best part of a century. That they destroyed the campaign for the thoroughly sound and therefore highly moral cause of free labour markets and bringing down the Liberal Party with it, are only two catastrophe in a litany of carnage this lot have caused. This lot are the reason why Rudd and his Cabinet of thugs are in office.

Rudd is an idiot. That he emerged as Prime Minister is a telling reflection on the Right. He no more understands free markets and capital than the above buffoons and it shows. The illiterates in the “Right” are as ignorant of the cause of the recession as Rudd is. Pretending they are on top of things, the CIS, for example, is holding fundraisers euphemistically called seminars, on the recession during November to December, while Terry McCrann of the Herald Sun prior to September denied recession had set in. McCrann asserted, Australia was steaming ahead. Then, in September he ,qualified his position by saying it had set in, in NSW, but not in the rest of Australia. The ‘mining boom’, he continued, would pull Australians along nicely. When this straw collapsed, he then changed his tune again, saying it was predictable a long time ago. Then there was Alan Moran of the IPA who wrote in the Australia that he had uncovered the monetary problem, and got it badly wrong.

Where are their predictions, that would thus show they had the economics in hand? They made none. They never had a clue. Contrast Jackson, who warned of the consequences of the RBA’s monetary expansion, and warned of one the later signs of recession, the financial correction in 2004. Then, Jackson works from within a solid framework of economic theory. Bye the bye, the clock is still ticking Professor Sinclair Davidson; where is that paper in which you show the inverse of the J curve cannot be true? After all, Davidson, since the J curve is true, its inverse must be true too.

The sheer stupidity of the Right is why not only Rudd is in office. It is also why the man in the street echoes the anti-free market lies told by the diseased Left, including the financial crisis was due to free markets. That, to note also, other fallacies the man in the street is now convinced of include onfree labour markets:

It only means handing power to employers who make profit by forcing pay rates down below market rates, with the linchpin of – pay rates are indeterminate.

Attention of readers not familiar with the true economic case is drawn to: these are real fallacies that, acted on, are also lies the Left used to attack freeing up of labour markets. The disaster the Right wreaked is that they committed the fallacies and a number of other crucial fallacies and thus destroyed the campaign for free labour markets, and discredited it in the eyes of the voting man in the street. While destroying the campaign, they made sure alternative advice was suppressed. The likes of Senator Nick Minchin, who unilaterally rejected material that was prepared not for his amusement but for the Cabinet, Michael Kroger who didn’t routed crucial material directly to Cabinet but to his fellow cretins in the HR Nicholls Society, and Julian Sheezel, who confused by anything more difficult that an Dick and Dora reader also rejected material because he could not understand it. The efforts of the CIS and IPA during the fight were also sterile, facile, efforts that helped discredit the cause fully in the eyes of voters.

The above is all without mentioning their treacherous performance on Carbon taxation, with the CIS distinguishing themselves by ending all pretence at being a free market think tank and openly campaigning for capital destroying carbon taxation, In the process, they decided to support the Greens’ Big Red Lie of, man causes global warming. These devastating instances of the potency of the “Right” in getting things totally wrong and making a mockery of sound causes that have grave and great consequences are only a few of their efforts in discrediting free markets. Their record is a solid black album of wrecking genuine Liberalism. So disastrous, the diseased Left now freely laugh at them in public and why do they, when until the election of Rudd they laughed at the “Right” in private? They hold they will not now suffer major electoral defeats, and they have cause to believe so.

The hard Left is now supremely confident, but for as long as the idiot “Right” continue to maintain their stranglehold over the Liberal Party, reinforced by their clunker tanks and right charlies pretending to be journalists nailing the Left the likes of those (Liberal) Party poopers Andrew Bolt, Janet Albrechtsen, Tim Blair and a nest of illiterates pretending to be economics commentators. You see the point, the only reason hard Left ignoramuses feel supremely confident is the same reason why the Right did during the Howard years; ignorance breeds smugness and set in concrete when they are on top.

The upshot is, the fight for free markets is now unnecessarily hard. Hard, uphill, slogging battle is required. There are those capable of it, and the hard left fear them and know what they are in for, should the Liberal Party and donors get serious. By unnecessarily hard, it is now a desperate battle. This is how bad the position is.

The Right have discredited free markets in the eyes of a decisive number of voters. We are talking about decent, modest Australians who detest the Left. Voters who are instinctively pre-disposed to genuine Liberalism, but have been thoroughly disabused of it politically. This is an appalling disaster. The Right have betrayed modest, decent, industrious Australians to the diseased Left and their anti-capital, anti-freedom aims.

What is staggering is, the situation is far worse than the above reflects. Economics has been thoroughly discredited. There is no need to expand on what this means for the fight for free markets. It was the conversation with the Director that alerted me to this, by their comments. The realisation of the force and implication of my acquaintance’s statements was a sharp shock.

A Conversation with a Director

Economics wasn’t the principal subject of conversation; it arose out of some remarks. The Director has a problem. The problem isn’t that the Director is negligent of economic laws are real and can be ignored only at great peril. The Problem, they explained, is economists are nasty cretins, resembling nothing more than cranks. There is good cause to say it. Companies have been worse than let down by the CIS and the IPA. The Business Council of Australia, it might be noted, has also abandoned companies (to be taken up in an item this week).

We went over the recession, it’s impact on manufacturing. Then, I mentioned, ‘You realise that there is sound economic theory, but it has been all but buried by anti-free market positions’. From this, I proceeded to make a few more pertinent points. The Director wasn’t in a mood to countenance an explanation. The Director’s concerns are real, having mentioned the contraction of manufacturing, and the depth of the recession in America, including concern of the impact of rising unemployment.

The essential observation is, the Director is no longer receptive to economic theory. They wouldn’t hear out a defence such as, falsehoods and worse served up as economics has done the damage. They had arrived at the conclusion economists are a waste of time and funds, full stop. The Director is now closed to the fact that there is a solid body of sound theory, and that there are economists who are not chiselling spivs, and who do deliver sound analysis and advice, and can fight the right things. I did point out I can name only two offhand in Australia, Mr. Gerard Jackson and Dr. Frank Shostak, but even if two only, there are two in Australia who are genuinely competent. After a few more remarks, the Director ended the exchange on this matter with a blunt, ‘I no longer wish to hear about them’.

The situation is now very serious. Badly advised, failed by ‘free market think tanks’, and abandoned by the BCA, and the AIG at that, companies are not only being ground under by States and Federal Governments. They are also the meat in a war the diseased Left is engaged against them and Australians in general. Both counts requires a solid framework of economics to fight, and this is besides, it is needed by Cabinets but has been completely ignored and the worst offenders are the “Right” under Kennett and Howard.

The “Right” has not only disarmed Australians. It has betrayed Liberal Cabinets and Australians. They have not simply discredited economics in the eyes of the man in the Street. They have completely undermined what is required to rectify a truly appalling state of affairs in Australia. Genuine free market economists now face a public increasingly hostile to economics. The garbage the “Right” has pumped out over decades in the name of free market economics, is firmly identified in public as genuine free market economics, as genuinely sound economic theory. This is why the diseased Left are supremely confident, and openly laugh at the IPA and CIS.

In the complete mess they have generated, the “Right” have, forget progress, opened the door for far worse to be inflicted on Australians, because they discredited entirely the intellectual armoury Cabinets required, and is required to defeat Statists, diseased Leftists, and destructive policies raised by idiot politicians. The mess is pinned to their ant-intellectualism, arrogance, and nepotism. The Director’s comments is an indication of how bad things are.

For a fight is involved. It is voters who have to be convinced of the case, free markets. It has to be soundly put to them, with the Left publicly attacked and defeated in the process. The Right have completely undermined this effort. That they have discredited economics explains the extent of this damage they are responsible for. The public is becoming less receptive to the case, thanks to the “Right”.

Items this week will pick up the above points with telling demonstration.

Hiatus

Posting resumed Monday. Had very interesting chats today, some of which will be drawn upon Monday, on a matter rather germane to what has been covered this week.