Mangled Thoughts

Treating capital as a self-perpetuating permanent fund also means that capital consumption is not possible. Fritz Machlup responded to this view with the observation:

There was and is always the choice between maintaining, increasing, or consuming capital. (Fritz Machlup, Professor Knight and the “Period of Production”, The Journal of Political Economy, October 1935, Vol. 43, No. 5, pp. 577-624).

He calculated that from 1918 to 1930 Austria lost something like 79 per cent to 87 per cent of its capital. This caused him to caustically comment that

Austria was successful in pushing through policies which are popular all over the world. Austria has most impressive records in five lines: she increased public expenditures, she increased wages, she increased social benefits, she increased bank credits, she increased consumption. After all those achievements she was on the verge of ruin. (Fritz Machlup, The Consumption of Capital in Austria, Review of Economic Statistics, II, 1935, p. 19).

Obama’s economic policies: the road to ruin

Both the Left and the “Right” regard capital as a self-perpetuating fund. It just exists. This is inexcusable of the Right and their ‘think tanks’. Though the Left will never accuse the CIS, IPA and HR Nicholls Society of genuine free market economics, which entails sound capital theory. This is disastrous.

Capital accumulation is essential if Australians are to do better in their lives. It is vital to move out of recession. Instead, we get Rudd and his capital destroying spending spree, which becomes redundant should carbon taxes be imposed. And States’ thugs such as Steve Bracks, and what his predecessor has done and he is multiplying spells nasty times ahead in Victoria.

So, we can read more on Spain,

Unable To See Wind’s Deficiencies For Forests Of Concrete And Steel

And on California,

Keep Your Eyes on California

The only thing to be added is, on Spain, it is a chilling question, how much long term damage has been caused to Spain’s production structure, assuming their politicians strike down carbon taxes before they wipe out more capital. Before carbon taxes, California’s politicians had induced a flight of capital to other states but now carbon taxes are rendering that State the cot case of the United States.

Ancient kings had employment schemes. They were called slavery and those countries were sclerotic. Rudd has his version of forced labour, the “Greens Corp”, into which the unemployed will be press ganged. He claims his spending spree has “saved 50,000 jobs” (any dumbkopf, Left or Right can claim so) and ?!Noting, for each “Green job” created in Spain, a minimum of two in wage earning production were wiped out.

Now, the above is leading somewhere. One of those things is another paper by John Stone, which deserves a response and we will give it next week. There are other matters, unfinished from this week and more material to be introduced. Nor will the thuggery of Greg Hunt and Tony Abbott be dropped.

It’s been a desultory few days, and today was messy. Next week is clear and I promise, I will not hold back. 

First, apologies readers, intended this to be a full day of postings.

 Senator Barnaby Joyce refuses to accept that ‘anti-cartel laws are destructive’. On carbon taxes, things are different. Early this year, when he realised Rudd was determined to impose them, he came out against and restated his stern opposition in a recent press release -

GET TO KNOW YOUR ETS, TAKE IT OUT TO DINNER

26/7/09

It has become apparent that there is a general lack of understanding in the community about exactly what an ETS is. People may understand the sentiment that surrounds it but they don’t really understand how it works and how it will affect them.

The ETS… has not been properly explained to the Australian people away from the politics that surround it…

Neither does Joyce, but his constituents are farmers and restricts his attack to the impact on beef and lamb. What about inputs of  energy, equipment, and expendables - seed, fertilisers. Then pumps and irrigation plant and on down a long list of production factors.

He knows that per had of live-stock carbon tax will kill much of farming but he doesn’t see the sheer magnitude of what is involved. First, this impact he relates as a tax that can be passed onto consumers when it is a direct tax aimed at wiping out capital, and live-stock is also capital:

The price of beef in Australia will be above the price paid in other countries that don’t have a beef industry which will result in you paying better than $100 dollars for a prime cut roast. Quite obviously the quality of the Australian standard of living, as reflected in our diet, will be reduced.

When it comes to lamb and mutton, sheep emit around 10 kilograms of methane, so using the same formula; this means around 210 kilograms of carbon per year, per sheep which equates to Australian sheep farmers being slugged about $10 per sheep annually and this will ultimately drive sheep meat out of the market.

Imposing a crippling tax on consumer’s, forcing us to pay massively inflated prices at the supermarket for the food we eat and forcing Australian farmers out of business is implausible, short sighted and dangerous.

Wiping out capital in food production with carbon taxes means no food on the table full-stop. The ethanol fraud is a carbon tax and it has caused tremendous damage to food production around the world. Rudd’s carbon tax not only wipes out capital directly employed in food production, but in the production structure - from Austrian school economic analysis, that also supports food production.

Joyce is not ignoring Australia’s production structure. He just doesn’t know it exists. This is because the right refuses to discuss the subject, and Joyce is ignoring what he needs:

He needs to spit the economic dummy and muscle up with genuine free market, Austrian analysis. This, bye the bye is his achilles heel in attacking carbon taxes. Thus, in this case, ignorance of the production structure leaves him wide-open to ALP hard Leftists, when it is the hard Left and Rudd that is wide -open to a right proper public evisceration.

The ”Right”, however, have enabled Joyce to proceed over years as he is. Now Joyce is in a panic. Worse for Joyce is, he is as  isolated as Tuckey, Jensen and a few hardy Liberal Stalwarts facing up to thugs like Hunt, Turnbull, and Abbott.

Bye the way, Tim Blair, though he received the documents, has not yet attacked Hunt, Abbott, and his pal Lindsay of the CIS. Why not Tim Blair? Come up in the world and trying to avoid the humiliation of bringing your own prawns to Greg Lindsay’s famous Sunday barbecues - a bit like Hyacinth Bucket, except sensible types avoid her ‘famous dinners’.

So, we see the Right continuing to cripple Australians and the Liberal Party -

ETS cost ‘to blow out’ with changes

Who-ever let that lot pass even miserable primary school should be whipped for committing a pretty ugly crime against Australians.

The Liberal Party is dying the death of a thousand cuts. Well, the dead don’t feel a thing. The Right, have killed it stoned dead; they are brave. No coward would go in for the kill against a corpse, hey?!

There is emerging support for protectionism. This is driven by the combination of the recession due to Central Banks and their monetary expansion, and the cult of environmentalism and one its upshots - carbon taxes. The Right is responsible for what is turning out to be very nasty, which the treachery of Abbott, Turnbull and Greg Hunt is also fuelling -

Senior Liberal Party sources are calling not for the heads of these three. No, they would like to be the ones weilding the axes against their necks. Meant to add more on this today, but a little bit of proding into some other matters chewed up time today.

Anyway,

Push within ALP for green trade barriers

Besides being economically destructive, let’s suspend a few things and assume they work. They still would not save Australians from the impact of carbon taxes, which directly wipes out capital. The notion that they could is no better than those who assert Rudd and Turnbull should only impose them if other nations because then ‘we’d be on a level playing field’ - this is appallingly naive and bad too.

Turnbull, Hunt, and Abbott aside, where has the Right been on such questions in the past? Nowhere. These ’self-styled’ defenders of free markets have done much to discredit free markets.

For, now, I also wish to note some interesting comments by Frank Nejad, to which I replied in comments. Mr. Nejad has linked material on Samuels, and Costello. It is also cause for a correction:  Yesterday I said Peter Costello paved the way for the obnoxious, vicious ‘anti-cartel laws’ that came in to force on Monday. I was wrong. Peter Costello as Treasurer was already drafting measures to make entrepreneurship a hideous crime.

I realised Costello is an ignoramus in law and economics. Now I realise what a stupid, dictatorial *#^$$%*! he really is but then, the treatment of the Liberal Party Kroger and Costello also shows this.

It’s a fascinating good read over at Frank’s page. I’d say he has Costello appointee, Graeme Samuel, well and properly skewered. I extended my appreciation to Frank for linking the material and do so again. 

Tomorrow, readers, we pick up the cudgels properly and use them in good form - jolly head crushing exercise.

“There will be no debate!” orders Greg Hunt.

My phone has been running hot with contacts and sources over this and it is worse than a scandal. They include very senior figures, figures not given to using expletives but they are now. I’m given to using some purple words but what they have to say even I wouldn’t print.

Greg Hunt is the member for Flinders, Victoria, and Shadow Minister for Climate Change, Environment and Water. To this, he heads a Party committee overseeing the Coalition’s ‘policy’ on carbon taxation. In these positions, he has issued an edict that states:

No Liberal Party member will debate carbon taxes. Members will not even discuss carbon taxes over the Internet.

Next, Hunt demands all evidence confirming arguments against the claim Co2 causes global warming and against carbon taxes be suppressed. The edict has been committed in writing and issued to members. He is using intimidation in an attempt to enforce this edict

I tell Hunt this: I’m here, I’m on-line, and I’m not intimidated by you, nor Abbott, nor Turnbull. I’m not merely discussing carbon taxes, nor simply debating them, I’m attacking them on-line. And, I’m telling the world about your actions. How does he expect to stop this. Well, the Right did attempt to strong-arm Howard into imposing complete censorship controls over the Internet. Howard belted them down. They still want to impose censorship.

It was further disclosed in communications that the whole objection of the “Opposition” -[which is not the Liberal Party, noting such stalwarts as Mr. Tuckey and Dr. Jensen, but the Right], confirms what I have repeatedly stated for a long time now:

They do not object to Rudd’s carbon tax one jot. Their objection is that it is Rudd and the Left imposing it and not them.

I’ve recently remarked that Turnbull’s objections to Rudd’s carbon tax are a red-herring, differing only in trivia, but not in substance. The substantive objection would be rejecting carbon tax full stop. No objection at all but for one, they want to ram it down.

Heavyweight sources, not given to expletives at all, are swearing worse than ‘an old trooper’,

And @#*&*% Greg Hunt doesn’t  ^&#**# believe Co2 causes *#@^&** global warming and %$#*^* climate change!

Well, all this ties in very nearly with the knifing of Dr. Jensen. Abbott’s betrayal of the Liberal Party by pretending to be ‘an honest broker’, when he is in with Turnbull and Greg Hunt in their rotten little plans to betray Australians and the Liberal Party. We have motive.

A motive that also explains Turnbull’s slimy attack on Wilson Tuckey. And now the attempt to silence other members and intimidation of members into silence. It all fits in. All that has publicly occurred over the last few days was all driven by these treacherous, power hungry, ignorant thugs and their aim to become dictators and to this, ram down a mass capital destroying carbon tax that also requires totalitarian coercion to enforce it.

Hunt’s decree that all evidence confirming what opponents of carbon taxes have been stating, they destroy capital and this means catastrophic ruination for millions of Australians, must be suppressed is itself a very serious offence. Hunt is supposed to be an oath sworn, honour bound MP and yet this scumbag will betray Parliament and Australians in a rotten, little sleezey attempt to make sure nothing that shows what they are aiming for is false and unconsionable ever comes to light.

Reg Hunt orders systematic corruption

What Hunt is engaging in is suppression and intimidation and coercion against all sources - certainly those in the Liberal Party, and all that could be presented to Parliamentary enquiries, and those in government agencies. I hate to think what they are prepared to do to honest, principled men and women - including scientists, should a great error occur, this lot get into office. This lot are reduplicating the old Soviet Politburo. Let’s get this right: this is corruption through and through.

Corruption; using threats and and other intimidatory actions to suppress free speech, and silence oath sworn, duty bound MPs and coerce them into acquiescence and thus attempting to corrupt them and totally pervert due processes.

Disgusting is not the word and Greg Hunt is the chief enforcer of what is violent action. Violence against Liberal Party members and its MPs, so that Hunt and his fellow ‘fifth columnists’ can get their way.

A second secret document

Has been obtained. Sources have informed me it is being being circulated outside of the Parliamentary Party’s offices, in tandem with the Hunt edict. Sources told me that both documents have been sent to Tim Blair, Janet Albrechtsen, Andrew Bolt, etc.

Well, it will be amusing to see what Tim Blair - and the other conservative media heroes - will do with it, because he has never reported on all the other acts of treachery by the Right. He has an incentive, he’s one of them. He also shares some of Greg Hunts inclinations. Tim is all for censorship of all those who don’t obey the Right. He made that very blunt when he called for Jackson to be blacklisted and Brookesnews shut-down.

As for Janet Albrechtsen; what! A starlet of the Right expose the Right? I won’t expand why she wouldn’t here, because I’m serving her up in another item on matters that, amusingly, tie in very neatly with this scoop.

Let’s say this to Tim Blair, this act of savage treachery by your Right-wing pals won’t go unread. Should you not act, let’s remind you, I got in first on Mangled Thoughts. But I will be taking a keen interest in how you proceed.

Believe me Tim, when I read cowardice in your column I’ll skewer you for the gutless little toady you really are. Ditto Andrew “Mr. Ethanol Man” Bolt, who is now using his column to push, surprise surprise, nuclear power, and we know who gets to benefit from this, don’t we Tiny Tim Blair.

Greg Hunt tries to suppress evidence

Here is some of the evidence Hunt would have destroyed. (Nothing like truth, is there Hunt.)

Rudd’s carbon tax is set at 10%. In June we cited evidence of the impact of Spain’s 10% carbon tax in a report by 4 Spanish economists,

Greg Lindsay caught up in “Carbongate”

Jackson, wrote an article applying Austrian economic analysis that explained the economic impact of the tax,

Why Obama’s green energy jobs policy will be an economic nightmare

Having furnished evidence from Britain and U.K., and it continues rolling in bye the bye, the analysis applies no less to the U.K. I only have one quibble with Jackson’s paper.

Though his record of conclusions and predictions is one of unbroken accuracy, on Spain he wasn’t. It pains me to say this but it looks like Jackson understated how rapidly the policy could wipe out capital. It has caused tremendous damage to Spain’s ‘production structure’ in very short time.

I suspected it might be so at the time the report was released. That Jackson might have understated the economic impact in this case underscores the crucial thing, what has happened in Spain has confirmed the Austrian analysis on a tremendously devastating scale. Even if Spain reverses, how great will be the long term damage is something that, bluntly, I cannot contemplate because it is too chilling to take in.

It’s too great, too dreadful to ignore. Rudd’s tax is 10% ! I have been apprehensive for some time now that on the day Rudd’s carbon tax is rammed down, we will be in for a very ugly time.

This is now a pressing and very dangerous consideration but Reg Hunt, also lusting after power for himself, is trying to suppress all debate, all dissent and all evidence. This thug will betray Australians and Australia for what he and his pals lust for. He agrees to destroying capital, immiserating millions of Australians, serving the hard Left through carbon taxes, so that he can look good.

Did you hear that, Chris Berg, editor of the IPA, no debate! But it is worse in the case of the CIS. Greg Lindsay and his CIS has been serving interests in promoting carbon taxes. There are quite a few who could be involved. Do they include, Abbott, Turnbull and Greg Hunt. We know there are links, the Yates brothers – Peony Company and Macquarrie Bank. Ron Walker, Hugh Morgan and des Crespigney – their nuclear power plant. Is that all of them, Greg?

Turnbull, Abbott and Hunt are using the very ‘arguments’ Greg Lindsay set in his carbon tax lobby paper. What makes this even funnier, so is Rudd.

When Jackson delivered his criticism of the lobby paper the CIS’ response was to launch a vicious smear campaign against him. Now we know why. They had to smear and attempt to damage Jackson’s reputation because Lindsay and his chums don’t have a leg to stand on. 

A word on Berg and Professor Sinclair Davidson. Besides inviting industry policy in their paper on manufacturing, at the end of it they tacked on a passage conceding Greens’ lie, and conceded carbon taxation and invited the nuclear power option. It’s not only because Jackson demolished the main body of their paper that they engaged in a smear campaign against Jackson. I drew attention to the carbon tax section and delivered comment on it. Jackson also mentioned it. Davidson crawled through internet sites smearing Jackson for this. Now we know why, don’t we Professor Sinclair Davidson, who is also bound up with the CIS.

Now we come to the 3 Amigos

John Stone, Alan Moran, and Des Moore, though they oppose carbon taxes, have been rather silent on the actions of Turnbull, Abbott, Hunt, Greg Lindsay and his CIS. I suppose they are too busy polishing their egos but, surely, they can manage to find a few seconds to push Jackson’s analysis and criticisms of the economic force of carbon taxes. No, not these three. Jackson isn’t one of the ‘Right-wing’ club.

They are the 3 Am-egos.

Reg Hunt and what must be done with him

Reg Hunt is scum. He must now be booted out of Parliament and his actions, as a matter of fact, means it can and must be done. He’s disgraced Parliament. He’s broken his oath sworn duty to Parliament. He’s betrayed the Liberal Party and its members.

He’s lied to the Liberal Party. He is lying to Australians. He’s shown that he is up to his eyeballs in treachery against Australians. He is trying to threaten Liberal Party members. He’s willing to eliminate evidence that stands in his, Turnbull’s and Abbott’s way. He is demanding censorship be rammed down on free men and women.

We only have one outstanding question. Was he, with Abbott and Turnbull, involved in the knifing of Jensen? It looks very much the case that he was deeply involved in that act of treachery too and there is motive:

We only have one question. Was he, with Abbott and Turnbull, involved in the knifing of Jensen? It looks very much the case that he was deeply involved in that act of treachery too and there is motive:

Jensen would not be silenced on science and scientific evidence, and he is a genuine upstanding Liberal and a patriotic Australian, and fought against carbon taxes because of the economic danger that it is. For these crimes, Jensen had to be knifed. Hunt has made all this very clear in his edict. 

Readers, this is all for today on Hunt’s savage treachery. We follow it up with more tomorrow.

That’s right, Hunt, more to come, you scum-bag and parasite. Well, you have just been exposed and you are now mincemeat. His head must roll. He can, and must be booted out of Parliament and out of the Liberal Party.

Remember readers, it is as I have stated all along. That lot are not opposed to carbon taxes, nor what Rudd aims to ram down. Their only objection is power, they believe they should be the crew of violent, criminal thugs who ram it down on Australians and not Rudd and his Cabinet.
 

That should be the headline, but they have by their actions admitted failure of devastating force for Australia. Tony Abbott’s betrayal of the Liberal Party and Australians in supporting carbon taxes and the cult of environmentalism is the latest act of treachery and political stupidity.

It cannot be said that the problem was one of “intellectual failure”, because this would assume the Right has been intellectually engaged. Last Friday, I alluded to two other disasters which had been set for posting on Monday. A couple of days in between is a long time when it comes to the Right, and the matter of Szoke had to be dealt with yesterday too. So, in this item the two other disasters.

First, an explanation. The use of “Right” is loose. What has wrecked the Liberal Party and is betraying Australians is not the Right. They are not free market warriors, they have done much to overthrow inalienable property rights, which is the foundation of economic freedom and so the general freedom of individuals. It is difficult to find a word to fix them with, a well deserved name that also adequately states what they are.

The Venal Party, for example, has a ring to it but is still astray. Also, they are not a Party. They are group of political parasites who have seized control of the Liberal Party control in order to serve themselves. Consider another of their fine virtues, pusillanimity - cowardice or the fittingly earthy, gutlessness. Oh, I know, the Pongs. “Pong” combines in its letters: ‘nong’, ocker for a walking, half-witted disaster zone; gnomes, misshapen old men and hags clutching to ‘treasure’ deep within the bowels of the earth - their think tanks, and positions; and sulphuric acid, dense, oily, corrosive liquid.

The Pongs. Their current Federal Parliamentary leaders are Malcolm Turnbull, Tony Abbott, Julie Bishop, Greg Hunt and sundry other forgettables. I do see a problem with the name. Using it in items without attaching the definition could leave new readers in the dark.

Anyway, The two outstanding disasters of last Friday:

1. This has also been noticed by Brookesnews, so I’ll leave the economics in excellent hands -

Witchfinder General Graeme Samuel declares war on warlocks, covens and cartels

Last week I sat horrified as I listened to Graeme Samuel expand on his new powers. “Witchfinder General” is no exaggeration, neither are the punishments to be dealt to ‘witches’ he detects. Jackson has not exaggerated what Samuel said either - “These demons from the capitalist underworld “use mobile phones with pre-paid SIM cards [and] meet in hotels, they meet on park benches.”

Samuel said just that,

They meet in secret, and conspire to cheat consumers of millions of dollars and even hundreds of millions dollars.

Who are these dastardly fellows? Why, entrepreneurs, who unlike Samuel have to actually serve customers if they are to succeed. Undertake genuine service, serve people. Samuel is described as a ‘businessman’. He is what the Pongs call a businessman and this, according to the Pongs, makes him an economist like them. He was an accountant, which in business is administration only. He then had a plumb job as head of the AFL and there’s no need to explain what that bloated lot in the AFL Commission are.

As soon as entrepreneurs are rooted out, Samuel explained, they must be given prison terms, in addition to lesser punishments such as bankrupting them and making it a criminal offence for them to resume in enterprise. Let’s put it this way, politicians, and served ably by their new police state henchmen such as Samuel, have given every incentive for every entrepreneur in Australia in a position to do so to leave, permanently.

I say, and what about himself. He meets in secret with politicians and other bureaucrats in order to decide how to dispose of Australians. Or, Unions. They meet behind closed doors in order to work out how to impose fixed labour prices. Is Samuel about to go for all these, throwing himself in prison too? He should, as a matter of principle - leading by example.

We are referring to the  new ‘anti-cartel’ ‘laws’ that I have warned of as they were raised. They came into force yesterday. “Laws” the Pongs supported.

The likes of Abbott, Turnbull, Bishop, Kroger and on down a long list of them supported a measure that brings Australia also another step closer to totalitarianism. This is on top off breaking up firms and throwing decent men and women into prison for the hideous crime of being an entrepreneur. It can be appreciated why it is a crime to this lot. Entrepreneurs are not what that lot are and never could be - investors don’t entrust stupid clowns with their firms.

Samuel also stated in the course of the interview that he is about to set prices, that is dictate them, for Australia Post’s goods and services. Now in so far as there are might be problems with Australia Post’s services, these then would be due to considerations Samuel cannot fathom in a fit but this all aside from the essential point:

Samuel stated that he can decide and fix prices. Asked how, he replied:

He will examine Telstra’s costs and its revenues to assess what the prices should be.

What are costs? They are the costs of production. How are costs established? By market processes. What are they? They prices of factors. Labour market prices, for instance, is for entrepreneurs a schedule of costs. It is customers that set the values, not firms, with the prices they value goods and services at. The factors of production receive their full marginal value.

They know what their costs are, Samuel doesn’t and cannot discover them because he is not engaged in the markets. What is going on in markets, therefore, to cause price increases that Australia Post is seeking begs questions involving lines of reasoning beyond Samuel’s ability. Neither are the CIS, IPA, and HR Nicholls Society capable of analysing this out. Price increases are automatically suggestive of causes but it would be folly to venture a conclusion without thoroughly examining what is going on.

For instance, the impact of the RBA’s monetary expansion is working out into prices, being absorbed by nominal price rises. They might also be indicating production is being hit by, oh regulatory burdens, cutting supply; something disturbing could be emerging that is beyond Australia Post’s control and is hampering its capacity to work capital efficiently. It could be a combination of both, and this is only in regards to it internally.

Whatever, Samuel’s reasoning is circular. He can decide what prices should be by examining prices (costs) and subtracting them from earnings and this last statement renders Samuel’s notion all the more weirder, because earnings is the sum of prices. He belongs to the school Evans E. Pritchard studied, primitive Azande witch-doctors who poke the entrails of chicken gizzards to discover all sorts of surprises, but souped up with all the witch-hounding talent of the medieval version.

It returns us straight back to the myth of perfect competition on which firm destroying and now entrepreneur destroying ‘anti-cartel laws’ are based. Samuel exercising his police state ‘muscles’ is really proceeding from this assumption in regards to Australia Post’s prices. As Jackson wrote,

Unfortunately for Australia the likes of Fels and Samuel lack Stigler’s capacity for changing his mind once reality refutes theory. The quantitative approach assumes that unless there are a large number of producers in the market there is no true competition. It therefore reasons that a market with few firms will set prices and cause output to diverge from the competitive level. There is absolutely no justification for this belief. What matters is not numbers but contestability. 

The catastrophe is due to the Pongs. They were just over a decade in office. One of their chief gurus, Peter Costello, intensified firm destroying ‘laws’. The IPA and the CIS assume the myth of perfect competition is true and thus conceded the entire battlefield to ‘regulators’. The IPA and CIS had the hide to turn to firms and say, ‘We are fighting regulation. There are too many, they need to be rationalised. Now, see we have written articles explaining this. Now, if we can do this, imagine what we can really do if you hand over another $10-/100- thousand’. PR spin doctors are just as effective.

It is not a question of number of regulations; it is why any at all, and the IPA and CIS have conceded entirely the pure fiction of perfect competition. Now what this also involves is, as advisers, and the Pongs made sure the IPA and CIS and HR Nicholls Society were the sole sources of advice to Cabinet, Howard and genuine Liberals did not have the material needed to sort through these very grave matters carefully. The upshot was the likes of Peter Costello smugly prepared the way for what is now a savage and destructive and police state ‘Act of Parliament’.

This is not failure on their part. It is stupidity and stupidity entails disaster if it is the basis of action on grave matters. A shocking disaster and a joy only to the treacherous Left.

 2). Manufacturing

Last week, headlines in newspapers ran, “Unions demand Cabinet do something to shore up manufacturing”. Manufacturing is in deep trouble, so I certainly do not oppose the concern. I oppose what the call amounts to, a call for industry policy and it is music to Kim “Il Carr’s ears. The other headline was, ‘Unions call for protectionism’ to shore up manufacturing. Music to the ears of protectionists.

Early last year, Senator Kim Carr, after receiving another flaccid tongue lashing over what could have been a blistering attack on manufacturing, could rightly reply, “But you had over a decade in office to do something. I’ve been in office only a few months and it is complex to work through and I have still much work ahead.”

This get’s right back to the monetary expansion of central banks. Carr is right, the Pongs had over a decade in office to deal with this but what they had to do is tackle the RBA’s criminal monetary expansion and, at bottom, work on a return to sound money. And yet Carr’s charge is not strictly accurate. The Liberals did do something.They asked the likes of John Stone, Des Moore and Sinclair Davidson for advice. This is what the Pong’s call vigorous application.

Jackson noted that manufacturing presented a problem, and he warned that the Right’s refusal to debate it would result in an industry policy. Guess what, fellas? Jackson was right again and now we are getting an industry policy.

Monetary policy stays tight as economy tanks

Terry MacCrann at least appreciates carbon taxes will smash production in Australia. However, with so many others he holds to the nonsense of ‘the dual economy’, the ‘financial economy’ and the ‘real economy’. Well, the former is, to use that otherwise idiotic term, ‘real’ and it is inseparable from production. For in financial markets capital funds are raised that will be exchanged for capital goods - investments. Needless to say, he refuses to face up to the fact that it was the anti-free market ‘policies’ of central banks that caused the turmoil in financial markets in 2007. He is still at it along with the rest of the media commentariat and the Pongs too, blaming financial markets for the recession, to the joy of hard Leftists such as Quiggin.

Recently, he commenced:

And that’s been great news for us one of three key forces that has made our downturn so mild.

Now it’s been joined by growing optimism in America. At least on “the street” Wall St, where the whole entire mess started.

Crucial times just ahead with the recession

Monetary expansion hits manufacturing first and it is the core of recession as the wiping out of mal-investments. Having remarked on it many times over, it is enough to say, regulation has also been strangling production.

The Pongs, of course, ignored Brookesnews and its warnings on monetary policy and its impact, and its predictions in 2004 and 2005 that recession would be manifested in 2008. So, taken together, the destructive impact of recession and of regulations on top, what we get are many Australians feeling real pain, others very concerned and want it all rectified. But thanks to the Pongs, they are calling for even more damaging ‘policies’ of which one, ‘industry policy’ is another name for Soviet style planning. And it’s not simply, say, Unionists who unaware of this dangerous error. So are Liberals.

Industry policy, tariffs and the value-added fallacy

Jackson related that in May this year Des Moore (HR Nicholls Society & IPA) badly misled members of the Berwick Liberal Party Branch over the contraction in manufacturing. Jackson also related –

In brief, due to the central bank’s inflationary policy a process of deindustrialisation sets in, current account problems emerge, the financial sector undergoes excessive expansion as do services in general while manufacturing as a proportion of GDP contracts. This certainly seems to have been the case in the US, the UK and Australia.

What is maddening is that this process used to be fairly well understood…

The heart of his analysis was the insight that money is not neutral

As the reader can easily see this is a vitally important issue, one that directly affects economic policy and living standards. Unfortunately Australia’s economic commentariat not only refuse to debate it they have gone so far as to even deny its existence. Des Moore, a former deputy head of the Australian Treasury and one of our self-appointed defenders of the free market, dismissed the issue on the asinine grounds that the analysis was not part of “the traditional explanation”. According to the likes of Moore and Sinclair Davidson, another self-appointed defender of the market, the decline in manufacturing as a proportion of GDP is basically an example of the law of comparative advantage at work.

How America and Australia’s central banks badly damaged manufacturing

Not ”traditional”! What this tells us is that Moore is not read in the history of economic thought or even economics. I’ve read enough of his efforts on labour markets to know it and all too painfully. So Moore has even left Liberal Party members ignorant of the economic causes and explanation and the policy actions that might be involved to deal with real pain being inflected.

On comparative advantage, foreign trade is, at bottom, nothing more than exchange between someone in, say, Victoria and another in NSW. Why? It’s cheaper to produce x in Vic and y in NSW. In many goods, foreign trade is spin off from ‘domestic’ production and consumption. Wine production is a case in point and the politicians, both major parties have been hammering domestic markets with regulations and capital eating taxes. Regulation advantages and to point this up further:

Australia has advantages in the production of wine and raw resources, and the politicians have proceeded to wipe this out. In the case of wine, it is why investment is on a trajectory in China, America, South America, Spain and Italy. Australian investors are setting up production in overseas countries. We Australians are made poorer, and cannot enjoy the calibre of wine and in quantity at low prices, thanks to the politicians, that prevailed until the mid 1980’s.  In the 1970’s they smashed a burgeoning 1st rate cognac production with taxes. Humphreys (CIS) and Professor Sinclair Davidson (CIS, IPA, RMIT) ignored the fact that comparative advantage can be wiped out by taxes and that regulation is a tax too. In doing this, as also Moore and Moran, they also betrayed another very serious free market cause to the hard Left.

So, as the Pongs wreck free markets with their anti-free market, misleading notions what is left but exactly many decent Australians knowing they are being hurt hard and want things fixed and so, unarmed as to what it means, call for ‘industry policy’ and protectionism. One upshot is such articles as the following, in which the only good thing that can be said for it is the sentiment is right - protectionism is an economic evil, but the explanation is an evil too,

Ignore them at our peril: dangers lurk in protectionism

It is an evil because it does not nail the falsehoods behind protectionism and set out the sound case. It leaves the field free for protectionists and the general voting public can be left scratching their head musing,

If that is all the case for free trade is, what is so wrong with protectionism? And if it preserves production, then why not?!

To check, it is what happened in reaction to the HR Nicholls Society’s rubbish that they produced as the ‘case for free markets’.

The impact of protectionism is not simple either, as this article steps out:

Protectionism and “free-market absolutism”

Ignore economic laws at your peril. The Pongs didn’t ignore them, they trampled all over them when in Office. They continue trampling all over them and now Australians are in deadly peril in more ways than one, as entrepreneurs will soon find out in a particularly nasty way.

Disasters doesn’t really sum them up, more so when carbon taxes are taken into account

This is the rumour that was already circulating within Liberal Party quarters by mid Friday evening. It’s not Liberal Party circles only that are very disturbed by this act of treachery.

The airwaves were flooded over the weekend with voters foaming at the mouth over Abbott’s treachery. Not all of them are Liberal Party voters either. Those that were are, as the past tense suggests, Liberal voters no longer because of Abbott’s treachery. They declared that they will not, unless there is a genuine Liberal candidate standing for their constituency, be voting for the “Liberal Party” at the next Federal election. Why, only last Friday, one couldn’t but remark in, Liberal Party News: Abbott causes a disaster; Party insiders disgusted,

As soon as I read that bolded opening first thing this morning, I saw a real red hot news flash; that will be thousands of more voters turning against the Liberal Party. I have just finished a ring around of sources and contacts and they each said that they too saw only that one headline - Abott smashes Liberal Party vote. They are all agreed on why, the obvious that Abbott spelled out…

It didn’t take long for that reaction to set in.

Even radio jocks were shouting the same words as callers:

Spineless. Gutless. Unprincipled. Venal. They are only out to serve themselves and clinging to seats. They don’t give a stuff about Australia. They don’t stand for anything.

Voters said, ‘what on earth are we going to vote for to stop Rudd and his carbon tax?!’ Numbers of them and some radio jocks also commented on the “shafting” of Dr. Jensen. One remarked:

They had a principled Liberal who is also a scientist, and they shafted him!

Another not only commented the same but also gasped,

Look at what they replaced him with. An accountant.

When I heard that, I could only mutter, another Kroger type clone. In the last Victorian State election there were so many of these it was like a scene straight out of a movie, ‘The walking dead’. According to the Right, a credential in commerce makes them economists.

Having reflected on Abbott’s idiotic claim that he knew “voters are unlikely to be argued into changing their minds” on an ETS, there all those voters who are rightly terrified of it. Furthermore, irrespective of voters views, he has to stand up on principles and explain and defend them to the public. Not Abbott. His grand election strategy is straight out of Michael Kroger’s big red book,

How to destroy the Liberal Party and feel good, chapter 9 and, 10, 202, through to 30098 (the Right are experts in paraphrasing themselves, expanded with generous citations of their own “seminal” tracts), headed, Grab hold a life-boat, cling to it and sod everything else.

Things warmed up. Not only the radio, but the newspapers had fun. The Australianstuck its boots in, in it’s ‘weekend edition’ with a very interesting back-up item on Malcolm Turnbull’s seat. It looks like it has gone from safe to perilously marginal and, to be blunt, I hope it has. The sooner that that wannabe dictator is booted out of Parliament, taking more than a few of the Right wing parasites with him, the better.

The indicator is what The Australian reported. The ALP has decided it can win the seat Turnbull holds in his terminal illness.The ALP will, apparently, find a ’star’ candidate. Unfortunately for patriots in the ALP and Unions, this is not altogether good news for them, nor all else. It means someone who will be right behind Rudd’s mass capital destroying carbon tax plan - for it won’t be a Martin Ferguson that’s for sure. On Sunday it was related that what has made Turnbull’s seat marginal is that this ignorant, arrogant, Statist buffoon has pandered to Sydney’s version of Toorak Doctors’ wives who are deep watermelon red half-wits. The very types who have played a crucial part in destroying the Victorian Division of the Liberal Party.

So, not a Liberal bone in his body, betraying what remains of the Liberal Party, and Australians with it, Turnbull’s constituency boils down to a hen-house of shallow chooks. He’s turned the seat red, and ALP will seize it. Prime Minister John Howard’s seat was marginal but the ALP respected him as a principled, tough opponent and won it in a hard, close contest (though they used a hard Left half-wit as their candidate). 

If the rumour is true, Abbott didn’t need carbon tax as the excuse to help knife Dr. Jensen. Abbott is a mediocrity, who is also responsible for wrecking the fight for free labour markets (more on his part in this affair in a later item). Kroger and his pals, for instance, has made sure no talent could emerge in the Victorian Liberal Party. Stopping talent is routine for the Right.

What! Brains outshine them? No fear. The Right know how to put a stop to that rot. Unfortunately, they’ve rotted the Liberal Party out instead. 

Abbott fancies himself a brain, party power broker (on the lines of the ALP no doubt), tactician and economist, and in the light of something else, a jurist of the first silk (as will be examined in a brief para of a separate item). So any genuine talent is a threat to this treacherous, gutless, usurer of the Liberal Party and taxpayers. Yes, even without what is now a desperate fight, carbon taxes, Dr. Jensen had to go.

Who was the villain that let Jensen through, eh? Ah, of course, uppity serfs in the branch presuming to raise a candidate worth backing in the name of the Liberal Party. They’ll get their come-uppance, don’t you worry about that. Kroger will tell ‘em how to do ‘em in right proper. Nothing like coshing oafs in dark alleys; it’s regular sport for this lot.

Some up-standing Liberals should back Jensen to run as an independent and blow the hack they replaced him with out of the water. The same should be done in Queensland to wipe Abbott out. They should go for the trifecta and stand one against Turnbull. And face facts, the Liberal Party exists in name only, so doing this is not about to cause any damage at all to the genuine Liberal Party. Why let ALP win Turnbull’s seat when there’s a chance a genuine Liberal might be able to slay the slob?

A fish rots from the head down and here’s a close-up snap-shot of the process; Michael Kroger’s shabby ambition is destroying the Victorian Liberal Party.

The Right together are responsible for the likes of Turnbull and Abbott. These two are not merely ignoring science (Ignoring Science). But Turnbull, he’s been long keen on making modest Australians destitute and, as we shall see, others of the Right harbour the same impulse (even though numbers of them oppose carbon taxes),

Economics, natural resources and Liberal Party stupidity

Lastly,

I congratulate Mr. Martin Ferguson -

Along with Dr. Jensen and Mr. Wilson Tuckey. Ferguson, though in the Rudd Ministry, is defying ‘deah Maximum Leadah’. Ferguson made it very plain he and colleagues know full what carbon tax means, the obliteration of capital, and this means the obliteration of the little man with it and Ferguson is standing up for him.

There are grave matters over which one opposes Mr. Ferguson but this is not one of them, and he is a patriot. Believe me, readers, I would shake hands with Mr. Ferguson, but I’ll never even sit in the same room with the likes of Turnbull and Abbott and those who made these two ignorant, arrogant stupid destroyers possible, the likes of Michael Kroger and the Right with their clunker tanks the IPA, HR Nicholls Society and CIS that have wrecked the Liberal Party and the causes it should stand up for.

It’s not out of principle the Right opposes such as Mr. Ferguson. Here’s Turnbull on Tuckey:

Mr Turnbull has today responded to criticism of his emissions policy back-flip, particularly from backbencher Wilson Tuckey.

“The shadow cabinet is as arrogant as Wilson Tuckey is humble,” he said.

The article is in grave error on a point in that sentence. It’s no backflip. Turnbull’s opposes Rudd only because he wants to be Maximum Leadah and wipe out Australians with carbon taxes, his position over many years now. As for Turnbulls’ differences over the specifics of carbon taxes, this is quibbling around the edges only. Rudd has Turnbull and the rest of his shabby Cabinet on the end of a string -Rudd accuses Turnbull of ETS ’shopping list’. For whatever details Turnbull has in view, they do not alter the force of carbon taxes. What a joke this pouting, blubbing, whining, venal blowhard is.

Yes, Jensen’s and  Tuckey’s crime is standing up and fighting a grave cause, and fighting for Australians, and not grovelling before the likes of Turnbull and Abbott. 

What a catastrophe. I mean the incompetent, stupid Right. What did Liberals and Australians do to deserve this pack of cowardly ‘Party poopers’? Wrong question; it misconceives what this lot are and have done. They are not the Liberal Party. They have destroyed it and we are watching its last pulses while that lot help Rudd in the perpetration of an appalling crime against Australians.

Szoke, The Bracks-Hulls-Brumby Unero Numero neo-Marxist Kommissar, made another lame effort to wriggle out of some forthright questions on radio yesterday morning.

The context of the exchange on 3AW was the right of clubs to specify membership conditions. Szoke asserted that clubs are free to decide membership, which for the likes of Bracks, Hulls, Brumby and Szoke involves the horrifying crime of mere mortals exercising discrimination. She continued, ‘all that we require is that clubs be transparent, thatthey present themselves before VCAT and give good reason for exclusive membership.’

The telling question put to her was, ‘You decide this but who are you and the government to tell people what to do, dictate what people can and cannot do, and interfere in people’s lives and their associations.’ Szoke replied that she doesn’t make up the law, she merely applies legislation. That, she is merely a public servant employed to apply the law. This is entirely false. As for VCAT, it is a Kafkaesque torture house but with the difference that unlike the Soviet Union, VCAT is a hollow man.

The Cabinet, VCAT, Szoke and her fellow Kommissar, Sisel, rely on intimidation and the appearance of judicial legitimacy to secure the submission of Victorians to VCAT and they do, as law abiding, decent people, and suffer greatly for it. VCAT, the Inquisitorial Kafkaesque ‘court’ was developed and entrenched by the Right under Kennett. This is unforgivable, and a manifestation of what not only the diseased Left lording it over Victorians is, but also of the unprincipled, ‘Statist’ Right.

The question of clubs and their internal arrangements, as discrimination in general, is one of property rights. They have been totally overthrown in Victoria by both the Left and the Right. It amounts to a coup de tat mounted against Victorians. This is what is at stake, so it is not merely the freedom of clubs to exercise discrimination. 3Aw’s weekly feature ‘controversialists’ missed this point entirely in their questioning of Szoke. They further blunted their attack by conceding that somehow discrimination by employers is wrong and needs to be ‘regulated’ and ‘more action taken’. There is no difference.

Further, exercise of discrimination in employment, along with the overall freedom to hire and deploy factors of production is a crucial aspect of the overall competence of entrepreneurs and their development. This, with so many other things has been hampered not by the rule of common law, but the capricious regulations imposed by politicians who are so far removed from entrepreneurship that they might as well call it a criminal offence and, as a matter of fact they have gone some far way down the track  in doing it this year, as we shall relate in a separate item (not only Leftists, but also politicians of the Right.)

Employment regulations, bye the bye, do not merely hamper entrepreneurship. They involve other burdens. One is, they are a payroll cost, and when entrepreneurs plan hiring, they work on total cost of hiring and not just the direct cash payment to labour. The second thing is, like it or not, it does damage employment opportunities for women too, the very thing anti-discrimination regulations were inflicted to cure.

Other imposts such as credential-ism do further damage. What employers seek in hiring is types of competence, not bits of paper, as difficult as this is for politicians and bureaucrats to comprehend. In other words, employees, male and female can be as frustrated as employers in getting at what they can do to advance themselves by way of opportunities. One has heard many anecdotes and read many instances and observed cases that spells this out. The free market, rooted in inalienable property rights serves what the new ‘masters’ cannot effect in a fit.

Neither is discrimination important to the above only. It is vital for self-preservation. “Don’t associate with those thugs, young Peter/Hilda. They will drag you down into the gutters with them”. In today’s politically prescribed, non-rights driven action, parents exercising discrimination are committing an offence. It ‘hurts the person of thugs’. Schools must be non discriminatory as well as not allowed to punish thugs, and sod the victims of thuggery. Indeed, as an aside, much of the violence today didn’t brew up in an instant. It began in schools; it was very noticeable as early as the 1980’s. The overthrow of property rights has only further fuelled what is now an unceasing, horrifying crime wave in Victoria.

Szoke deceived the public on two counts in her comments. Not only public servants, but also bureaucrats ad aspiring Kommissars work to the overall lines taken by Cabinet. Let’s repeat a telling anecdote, an exchange I had with some bureaucrats in 2005. They interrupted a debate with a Judge over the force of ‘legislation’:

They, eavesdropping, turned and jumped in as soon as I remarked, `this isn’t the rule of [common] law. This is the beginnings of totalitarian diktat and secret police state thuggery. It is transparent.’ 

They protested that ‘You need to understand the processes of how legislation is raised.’ Their point being that they draft legislation that serves the lines indicated by a Cabinet. I replied that Parliament is still responsible and cannot, or should not be passing anything inimical to the rule of law and amounts to overthrow of constraints against the executive. The point being ladies and gentlemen, they saw themselves as actively pursuing agendas and here are some of the excuses they gave: 

1. `Public Servants are caring, moral, compassionate men and women:
The thrust: they are more, more compassionate, more moral, and selfless than many who are not public servants, namely businessmen and women and, generally, many employees in businesses.

2. `public servants are brighter than anyone else; this is the kernel of the early heresy, gnosticism, and its pseudo-rational, totalitarian equivalent, Platonism. Plato himself repented of his ‘philosophy’ but the damage had been done.

(I was appalled that they could have said anything so inane and false. That they could utter that rot as an argument in view of the conversation with the judge, which they butted into, actually puts them in the bad light of the demented, not the rational.)

3. This third reason is telling: They proceeded to demonstrate ignorance of economics, in asserting ‘government’ has to intervene to make entrepreneurs ‘moral’, prevent ‘abuses’, and  counter ‘market-failure’. The myth of perfect competition is behind this of course, and it is an assault on free markets. Rebutting the last was a waste of time, for they descended into an ad-hominem attack when I began to run the argument, and ranted right over the top of me. Your taxes at work, senior bureaucrats howling down someone for saying something they don’t like - ditto Szoke et al.)

This insight alone flatly contradicts Szoke’s claim. It is an insight into the descent from public service to bureaucracy, which the Right under Kennett fuelled and the Right have continued to assist this perversion of the former public service. A descent into bureaucrats see themselves as having top intervene according to their capricious agendas. This is only a short step away from what has proved the upshot.

Steve Bracks’-Hulls’ Kommissars Sisel and Szoke initiated the persecution of the Two Pastors. Over the blasphemy law, Jackson went out of his way to demonstrate it and HEROC and VCAT are toothless, by breaking the ‘law’. Faris Q.C. also confronted the Cabinet and their hand picked thugs, and so did I by breaking the  ‘law’.

During this rotten business, the persecution, the pastors were also vilified by radio stations and newspapers for good measure. A certain source within the Government told me that what the two pastors said is horrible. I shot back, ‘you are relying on hearsay because it is crystal clear that you have not examined what they said nor the expert testimony given on their behalf.’ That individual, to their merit, admitted they had not studied the material at all.

Jackson, however, managed a new twist, courtesy of Joe Cambria. Mr. Cambria sent Jackson’s most criminal act to Dr Helen Szoke, then Chief Executive Officer of the Equal Opportunity Commission Victoria. Her ‘reply’ was interesting in what it revealed about the Star Chamber proceedings of her Orwellian commission. Jackson related the fireworks in:

Bracks’ Star Chamber commission applies the law selectively against Christians in favour of Muslim bigots

I note that she also claimed, in “digging herself into an even deeper hole”:

The vast majority of complaints are finalised in the course of the Commission’s impartial investigation and conciliation processes…

There is nothing ‘impartial ‘ at all about it and VCAT. Further, as already set out on the OPA-STO-VCAT set up, in addition to explaining its Kafkaesque ‘procedures’, perversion of justice, I related evidence of indisputable perversion of justice on other, serious counts. Impartiality does not necessarily entail justice. Dictators impartially treat all their slaves to the same abuses. I might also add HEROC’s site and many another “government site”, including the OPA’s, is covered in neo-Marxist propaganda garbage. Duplicitous is not the word and neither is mendacious.

There are actions devolving on several things befitting all good tyrants. The Anti-Bill of Rights sums up the situation. The only right Victorians have is to do what is dictated to them on pain of punishment. There is nothing lawful at all about what has been rammed down in the Victorian Parliament. The Right have been instrumental in building this road to tyranny.

As soon as justice is restored in Victoria, and genuine, principled MPs are in Parliament and Cabinet, the likes of Szoke, Sisel, and the rest of that gang of thugs must be thrown out onto the streets without separation pay, not a penny, including their unearned, taxpayer super. Then this lot will discover how cute and cuddly they are. But the greatest exaction of revenge should be reserved for those responsible for the likes of Szoke, not forgetting, a thorough criminal investigation of the STO-OPA -VCAT set-up is required and this means there are those in the Right who will have to ‘face the music’ too. Indeed, is there any good reason for them all not being slapped with perversion of justice charges right now and just for starters?

If the 3Aw hosts, John Michael Howson and Nick McCallum, had locked onto the fundamental principle of inalienable property rights, and important cases such as the above, they would have had Szoke publicly crumpled up in a screaming heap over misleading the public and for what she is. As it was, she nearly went over the edge, as her repeated protestation in a strained voice showed all too clearly. She knew they’d caught her out. It’s too bad that they gave her wriggle room.

I’ll say this, though, they were better against Szoke than Derryn Hinch is when he has her on his show. Hinch is so considerate and docile to that nasty neo-Marxist parasite that I ponder the question of exactly how many rocks are stuffed inside his cranium.

The likes of Szoke don’t merely ‘apply legislation’. They make it up and then actively seek out victims to haul through their Kafkaesque, star chamber inquisitions. Indeed, on radio, she remarked people should bring cases before VCAT to ensure clubs explain to it their set-up and make themselves ‘traparent’ to Szoke and he fellow Kommissars. She was once again touting, trying to encourage Victorians to rat on others, to subject friend, neighbour and stranger to the farce. Oh, yes, ladies and gentlemen, the whole farce is summed in Kafka’s The Trial, banned in the Soviet Union because of its deadly accuracy. They can do this because of what sits in the Victorian Parliament, the Right as well as the Left. Lawless is their name.

This updates the scandal related in the article posted immediately below this item,

Liberal Party News: Abbott causes a disaster; Party insiders digusted

Just announced - what sits in the name of the Liberal Party has agreed to support Rudd’s carbon taxes in a exchange for a few alterations to some details in the bill.

Australia is gone. Thanks a lot Abbott, you bastard. Just so that you could buy time to cling to a seat for as long as possible, you did this.

Abbott has also handed Rudd a gift - the “Liberal Party” is now for him a wooden french poodle puppy on a string he can jiggle when he fancies. There is nothing this lot, with the exception of those who are stalwart Liberals, can do and say; they are now Rudd’s puppets on a string. From now on, the only thing they can do on their own is nod their heads in agreement with Rudd. This is a stunning success master-minded by Abbott:

For until this morning, Turnbull was finished over his arrogant support for carbon taxation. Abbott, the flying dumbkopf batman to the rescue! He’s a twist on the comic book hero. Now the bottom feeders are out in force, including Robert Hill for the reason cited again in the article immediately below this one.

Now, Abbot, you are also directly responsible for this horrendous crime against Australians, and another - establishing a one party state under Rudd. For you see, Abbott, you have surrendered one of the remaining positions the Liberal Party should fight against the Left and the Rudd Cabinet. You have nothing left to run on. You have now ensured the “Liberal Party” is complicit in the actions of Rudd. And, this Abbott believes, will save his and his fellow treacherous Liberal Party wreckers’ backsides?!

Now, Dr. Jensen and Mr. Wilson Tuckey have shown real mettle and shine out with honour. These two men can stand tall before their electors. Mr. Wilson, furthermore, has battle honours won by taking on those responsible for this betrayal of Australians and the Liberal Party in public. “Ironbar” is an honourable sobriquet for Tuckey. Good man, Ironbar.

Now, this ’strategic genius’, Abbott, doesn’t realise it but there is in the Liberal Party nothing left for voters to turn to. Yes, they will lose seats come the next election. To point this up,

What might save Australians from complete catastrophe? The Unions. We have an indication of this from, as related in the first, main item, Martin Ferguson. That is all that stands between Australians and Rudd. Further, this might see a civil war between what is in the ALP and the Unions. As for the Liberal Party, it is in its current disposition finished and all that remains is to watch it disintegrate (though this means the chance for a new, genuine Liberal Party to form up and punch through).

To all those in the Right who oppose carbon taxes, you helped bring this about because you put yourselves first instead of principles and Australians. The measure of this has been your long refusal to acknowledge the need for genuine intellectual engagement and debate, matched by ignoring and filtering out those you see as a threat to yourselves, a couple of genuine free market economists.

Jackson mounted a campaign starting years ago. He nailed the economic case years ago. He warned of what the force of fanatical Greens’ policies is, and the dangers of not mounting a robust, accurate attack and policies. You ignored all this and now it’s blown up sky high. It’s no longer that you lot have wrecked labour market reform. Your selfishness, conceit and arrogance laid things wide open for the hard Left and this horrendous act of the likes of Turnbull and Abbott, even though you are opposed to carbon taxes.

The Centre of Independent Studies, on Monday we will be dealing with this lot. Some hints below indicates what is coming.

What a disaster. What a disgrace, to sell out Australians and the Liberal Party and in such a gutless, snivelling, venal manner. Abbott has no idea at all of what he has launched on Australians. Unfortunately, many critics of carbon taxes have not adequately grasped their impact either.

We are talking about the destruction of capital and what follows, immiseration of millions of Australians. Whereas, too many critics have treated carbon taxes in terms of capitalisation, and did not step this through. Jackson did, from within a solid framework of Austrian capital theory. There were those in the Right who did not merely ignore this work, they smeared him over it - mind these were those showing support for carbon taxes and for, it seems very much so on the evidence, for venal reasons (we deal with this Monday).

Now, since what pretends to be the Liberal Party has capitulated, we will start seeing the impact very soon. I wouldn’t be surprised if it begins Monday. The share market will fall because markets are ‘futurists’.

They will, as have overseas share markets have in the wake of carbon taxes, plummet. I might be wrong, but I have a very ugly feeling that it will set in soon, share prices begin sliding down, then pick up speed as they trend into free fall. No investor is going to sit there and watch their savings butchered by Rudd and those in the Liberal Party who capitulated. This, mind, is only the beginning of the disaster.

It’s a day of two disasters. The second catastrophe will be written up Monday. The other was a bomb blast triggered by a singular detonator wired to carbon taxes. Only two members of the Federal Parliament have stood out, Mr. Wilson Tuckey and Dr. Jensen. On the other disaster, all are missing, as they were and still are on a third Vesuvian explosion that buried labour market reform.

The Right’s destruction of the campaign for free markets also continues causing carnage all round. Their ‘campaign’ was a case of biting the wrong dogs, free markets and the Liberal Party. The pits end is that the Right has turned the Party into a whining poodle pup.

The disaster -

Tony Abbott’s Final Betrayal of the Liberal Party.

But first a few words are in order.

There is a vigorous debate now engaged over whether the Liberal Party exists and whether it is time to found a new patriotic Party committed to genuine free market and general classical Liberal principles. It’s a dread word, split and cut and start up anew but, aggrieved Liberal Party members, what remains of them anyway (In Victoria, there are none but for a tiny handful of die-hards), are pondering the question. This is being waged by very irritated Liberals. It has a certain force:

It’s not only that the Right through Kroger have destroyed the Victorian Division and eliminated Liberal members. It’s the fees and donations that have dried up with it. What this means is, there are many frustrated former donors. Whom would they be?  I know, entrepreneurs betrayed by the Right and their fronts - CIS, IPA, HR Nicholls Society, Australian Industry Group, Business Council of Australia. These fronts are stuffed with the “club” and so the notion that they can and would fight for principles on which hang, not to cut too fine a point and all that, the fate of investors, their firms, and employees, is risible.

While there are fewer firms today, it’s still a very large lost support base and election fire power gone. If the carbon tax bill passes Parliament and is enacted (a very important detail this) there will be none at all. This won’t disturb the Right because they’ve never been concerned about them before and they don’t give a fig now. They’ve never earned a cent as entrepreneurs engaged in production. They don’t have a clue about these things. What, lawyers and accountants are entrepreneurs? Don’t make me laugh. A new genuine Liberal Party would carry that support base and this spells the end for the Right and to the good, a positive shift in Australian politics.

I have digressed but only slightly. For unless a civil war is mounted and the Right overrun, the Liberal Party is caput. Today’s scandal is a pretty good indication of, the end is nigh for the Party Federally (it’s already caput in Victoria).

As I say, my sources informed me that irritated figures are now pondering what courses remain open to them. My advice to them is, they have to act swiftly. Of the Parliamentary Party, right now and as odd as it might seem, the only man with the spine and balls and is a Liberal to lead it is Wilson Ironbar Tuckey. Whom else can be called upon?

Well, there is also Dr. Jensen. After these two names, I’m stumped to identify a front-bench core of genuine Liberals. Tuckey has a problem, he has work that must now be done quickly, work even genuine Liberal MPs have not done. A large part of it is a crash course in genuine free market economics at Brookesnews. It is urgent work. (God, the Party is a shambles.)

To fight against carbon taxation in Parliament and before the public, needs intellectual arming. It’s late in the day for this but they have to accept the fact that they need it. I have one suggestion that might help. In Parliamentary speeches, they make their introductory remarks -

‘What Parliament is contemplating is, if enacted, the perpetration of a horrendous crime against Australians. It is not enough to assert this. Let me substantiate it.’

Then what they do is read verbatim into the Hansard the very articles dealing with it from Brookesnews. The second thing they should do is contact Mr. Jackson and ask, very politely to gauge, if he would be so kind as to write them a fighting speech or two. Whether Mr. Jackson now has the time to do this or not one cannot tell, though I suspect that he could bang out a couple of sound and spirited speeches in his sleep.

The second thing they need to do is use Dr. Jensen and other scientists such as Dr. Aaron Oakley. Judging from his blogging record, Oakley might be able to put something together that will serve as speeches to eviscerate the Greens’ lies on which the criminal scheme of carbon taxes hangs. But, at this stage, it is important to secure the economics fight.

There is no time now for arrogance and indulging ostrich syndrome, sticking the head in the sand. It has to be fought accurately, pugnaciously and ferociously inside and outside of the Parliament.

Outside, because voters need to understand what the case is. I know it is a novelty for them, particularly since the Right have held voters in contempt and as infantile serfs who will obey what they tell them. A wonderful attitude it is too, which is why voters told them to jump off a cliff at the 2007 election.

Yes, the Liberals now have to fight on two fronts: Against those coming at them, the Left and their destructive ‘policies’; and against those knifing them from behind their backs - the Right and their destructive ‘policies’. Either all Liberals crush the Right in what is now a civil war - it is intensifying, or the Party will split. The second still means the end of the Right. The internal crisis might not be far off, perhaps 12 months away at the most, and we’ll know either way. (I’m off to my bookie to punt the little all on it and the upshot permutations.)

Tony Abbott, His Final Betrayal of the Liberal Party

Who needs enemies with allies like him, but then he is one of the club that is the Right. Why, he even has classics published on the HR Nicholls site and everything they publish is a classic. One day his ouvre might even be elevated to the highest realms as was Tim Blair’s of the IPA, which dedicated a whole library to Tiny Tim’s classics (I can’t wait for the annotated anthologies).

The Australian depicts a civil war as if it were the mere musings of an afternoon tea and chat club, Senior Liberals at odds on climate change strategy. It must be, for the headline is contained in some warm and fluffy notion of Abbots’ that all should kiss and make up, support Malcolm Turnbull, and Rudd’s carbon tax. Here’s his reason:

TONY Abbott has urged Liberal MPs to back the embattled leadership of Malcolm Turnbull and asked them to pass Kevin Rudd’s flawed emissions trading scheme in the Senate to avoid a double-dissolution election that they cannot win.

As soon as I read that bolded opening first thing this morning, I saw a real red hot news flash; that will be thousands of more voters turning against the Liberal Party. I have just finished a ring around of sources and contacts and they each said that they too saw only that one headline - Abott smashes Liberal Party vote. They are all agreed on why, the obvious that Abbott spelled out:

The Right are cowards clinging to life rafts called seats in Parliament. And what makes his grasping gutlessness all the more noticeable, Australians go to the polls next year anyway. So, if the Liberal Party cannot win in an early election triggered by a double dissolution, what on earth are they presuming? Perhaps they spotted a silver lining. Instead of losing 20 seats now, they’ll lose 18 later.

Craven cowards have no principles to betray. The example of former Senator and Minister Robert Hill crawling to engorge himself at taxpayers expense - now he’s a “Professor” and now he is Rudd’s head of Rudd’s extortion and fraud racket against Australians, the Australian Carbon Trust “to allow individuals to invest directly in reducing Australia’s emissions”, points things up nicely, as did Costello -

‘I have decided to retire from Parliament because now it is time for me to make some money’.

Or, Downer, who also spat the dummy after the 2007 election and left in a huff. Now he soaks taxpayers again for another fortune as he bludges in a comfy office in that den of thugs called the U.N.

Or, Malcolm Turnbull, a mere ‘lawyer’ who got lucky and was handed a fortune, who declared when he was Minister for the fanatical Green’s temple the “Department of the Environment” that he will force prices up for water, electricity, petrol and all sorts of commodities because, he explained:

“As everyone knows, high prices makes everyone use resources efficiently.”

This economic ignoramus doesn’t know escalating prices signals inefficiency and cutting of supply, depriving firms and consumers of what they demand. But this arrogant Right-wing brat is so wealthy he, like the Rudds, won’t suffer unlike millions of modest Australians. This does sum up Turnbull.

He is an arrogant thug, who holds all but his Right-wing pals and his Leftist mates in contempt. He, as the rest of the Right is, is concerned with three things only, himself and power and ‘influence’ for himself.

In character, Turnbull runs close to that other bit of nasty work, Michael Kroger, a man so hated by Liberals that if he turns up to anything where Liberals are they lock the doors. He sits at a table, the others move to another. They hold a conversation, he converses with himself. Kroger takes pride in being hated but he can’t figure out why he is hated.

That is what Abbott is supporting and betraying Australians for over carbon taxes. This is not all the damage that Abbott has caused, as we shall remark in an item turning on the still stinging labour market catastrophe.

 Abbott has the hide to assert:

But Mr Abbott said Mr Turnbull was being “far from arrogant” and knew “voters are unlikely to be argued into changing their minds” on an ETS.

1. The Right try to pretend that they are not arrogant, and are very considerate of modest voters. Smiling down at serfs is, as Hugh Morgan has perfected, their notion of consideration, respect, empathy and service.

2. How did you find that out Abbott. Oh, as the rest of the Right, they just know. (Readers, it’s not a joke and no secret that when modest types merely approach any of the Right with serious questions they are ignored.)

3. Abbott and the rest of the Right have never not merely not bothered trying to convince the voters by giving them sound reasons to support or not support measures. They have not engaged in public debate to do this work. They believe they don’t have to give good reasons and debate and defend. It comes as a real shock to them when confronted by anyone who challenges them. Readers who have followed items on their think tanks and exchanges with some of them from the CIS and IPA will have noticed this rather damning fact.

Not lifted a finger; too bloody lazy to do any work to arm himself. Being insular, Abbott goes to his club, the HR Nicholls Society, where they engage in mutual ego polishing and that is the sum of Abbott’s intellectual and public polemics endeavours. The Australian included a photograph of Abbott surf-boarding. For once the rag managed accurate reporting. Abbott and the Right surf-board on the backs of the Liberal Party and Australians.

He’s a buffoon, as the Right is. By Christ, what an expensive troupe of clowns to Australians and the Liberal Party they are and they are not even funny. Taxpayers should demand all their money back from that lot.

Good one, Abbott. Another fine achievement in betraying and wrecking the Liberal Party, and aiding the hard and diseased Left to new merit-less victories. Tony “Capitulator the Great” Abbott. Not a few Roman Emperors would have wished for barbarian enemies of the mettle of Abbott and the rest of the Right. They hated having the odd legion wiped out by barbarians.

Tuckey can now level this against Abbott,

Liberal backbencher Wilson Tuckey accused his leader of arrogance and inexperience in contradicting the Coalition position, sparking an internal party battle. Mr Tuckey also suggested Mr Turnbull was scared of facing a double-dissolution election over the issue.

Now, there’s a fighting Liberal. Tuckey would rather go down fighting than surrender principles. As Ironbar no doubt knows, lose a battle but the voters are left in no doubt, guys like him put principle and Australians first. Best of all, the principled show out right in opposing such destructive measures and so voters will support them in the voting booth and vent fury against the Left and the Right. Un-surrendered principles means long run integrity in all grave matters. Tuckey needs only one thing, solid, sound advice.

In contrast to Capitulator the Great, I wish this guy were a Liberal, Martin Ferguson, because at least he has guts and as on this matter willing to use them at the right time. Here’s why:

In an article for today’s edition of The Australian, Ferguson wrote an article savaging the fanatical Greens’, their vile beliefs and worse demands and carbon taxation too:

ENVIRONMENTALISTS who oppose everything except renewable energy are condemning billions to poverty.

In reply Bob Brown called him “a lackey of the coal industry”.

You know when elements are not hurting Brown or, worse, are nice to him and the Greens and even serve them. Brown and his rabid totalitarian environmental cultists are nice and civil to them too. That’s why the Green’s don’t attack the Right; they’ve received splendid service and courtesies from the Right. In an article, we will return to a subject not completed, Bob Brown and the Greens, “lackeys” to that Stalinist thug, Hugo Chavez. (These deranged savages should not be in Parliament but the Right cleared the way for them and even handed them seats and came to nice little agreements with these diseased cultists.)

Ferguson is coming from the old ACTU - ‘worker’ position. Though, to be sure, he has problem here. As an ACTU heavy, how is he to face the members when he is part of a Ministry that will wipe them out because firms have been destroyed with carbon taxation.

It must be noted, there is a new breed of ACTU heads who are full of what Ferguson is attacking. I’d say, the old hands know they have a huge liability in the likes of Shane Burrows who is the Left’s version of, say, a Helen Kroger, a freezing cold half-wit.

Besides, throwing employees into destitution and destroying firms is the old hands’ privilege. They call it effective minimum pay security. The cynical would call it labour supply monopoly and racketeering. It’s the only thing Rudd has handed back to them, thanks to the Right.

Mr. Ferguson, the deep trouble your alliance is in is due to the anti genuine free market position you are dedicated to. It can only end in disaster and now it is here, reinforced by descending totalitarianism. How do you explain this to not merely unionists but modest Australians whom you and your fellow Unions’ bosses worked hard at convincing you are with them and understand them in terms of what counts?

Now of course, if genuine Liberals dominated the Liberal Party, and were using genuine free market economists, they would have pulverised your position and therefore you would not be sitting on the Ministry’s benches. Yet, this would have been a merciful release for you and your friends. You would have been saved what is a tremendous embarrassment and with the added bonus of being able to honourably and honestly say to your fellow committed unionists:

‘We fought hard, we gave it our all. We were outgunned. Our position is lost. It was a war of ideas, the truth won the day.’

And there’d be an end to it but, unfortunately, this settlement has been delayed and to foreshadow what is to come, I’ll say the boo word - Jackson. Let’s just say, to use a cricketing metaphor, the day was rained on by the ‘pissing with the wind’ Right.

“Ironbar” Tuckey hits puppy.

Beyond question, Tuckey’s blood is up as it should be. With Rudd’s carbon tax bill to be raised before the Lower House next week, Tuckey knows Australians are in great peril. He knows there are those in the Right also directly culpable for what, if passed, will be a horrific crime perpetrated against all Australians. Tuckey also knows that those in the Right who have claimed to be fighting carbon taxes have failed, hence this last, desperate effort to kill carbon taxes. An effort that means internal Liberal Party civil war and it has broken out. Tuckey is a patriot.

Good on the patriotic Liberals. Go in hard and iron-bar the great big, cowardly puppies and sod the RSPCA! 

And Right-wing MPs supporting carbon taxes are puppies or, as put yesterday, “big manly pansies”. One of them came out snivelling, ‘Tuckey hurt us, and we should all be trying to negotiate with the Government’. This was Scott Morrison. The likes of the walking freezer, Helen Kroger, mutters much the same thing but objecting it should be them and not the Left imposing carbon taxes (it’s a Janet Albrechtsen type ‘argument’).

There is nothing to negotiate. Carbon taxes destroys capital. This means immiseration of millions of Australians. This, chilling enough, is only the beginning of the long list of dangers carbon taxation will generate. All for a pack of lies that is also an attack on science, Co2 emissions causes global warming. To know anything more, they need experts in science and economics to arm them and they are not in the CIS, nor the IPA, and not the HR Nicholls Society. Oh, apologies, they do have a talent in their ranks, until the next election, Dr. Jensen and look at what the Right did to him.

Isn’t it funny that, though it is nothing more than ugly belief in magic with a nasty edge, it applies only to emissions generated by capitalist man. Plants at night, for example, emit more than man does by a tremendous factor. Why don’t Rudd, Wong, Turnbull, David Kemp, Greg Hunt, Bob Brown, Peter Garrett, Morrison and Helen Kroger exterminate plants all around the globe? Seems just as ‘reasonable’. They won’t have to start on insects, birds, and animals, because they will starve to death. Then we will die. No more C02.

Co2 is a nutrient, without it, neither plant, nor beast nor man can exist. It builds all tissue, and does other work – dolomites for instance. Infinite, magnificent works are all due to the reticulation of Co2. Molecules never remain in the atmosphere to build up into a ‘blanket’. All that amazing work done by a percentage of C02 gas present in the atmosphere so small that it is convenient to speak of it as if there was zero carbon in the gas phase.

As a lad I assumed that there were no crazier schemes dreamt up than those by communist regimes and the National Socialist regime of Germany. I ate my hat, because sitting in Canberra is a pack of demented crazies. Numbers of them have held Liberal Party seats and others are still occupying them. David Kemp was a great Ministerial zealot of the fanatical Greens’ cult and one of their chief Ministerial weapons with which to ruin Australians. The likes of Turnbull, Greg Hunt, Scott Morrison, Kroger are fine successors. There must be a prize in the crazies stakes, they are all trying so ‘darned’ hard to get in first.

The carbon tax boosters in the Right are not motivated by the same reasons. There are, as it were slight factional disagreements. It is conceivable that there are those who regard the Greens’ claim as the lie it is but like what carbon taxes can deliver them, power over Australians. Lust for power and ‘influence’, stamps the Right. There might be three factions.

Opposition spokesman on energy and resources, Ian MacFarlane, said:

It (nuclear power) is the only zero-emission, base-load electricity that Australia can install in the next 30 years.

We are saying it’s alright for our mates to use our uranium in their nuclear power stations yet we can’t have a sensible science-based debate about nuclear energy in Australia.

Firstly, I don’t oppose nuclear power as such but in Australia it is not economic. It would require subsidisation and that means a burden on other firms and wage earners. It’s worse than this. It would also come at the destruction of the capital of the coal based firms. The ramifications of this are greater yet.

Secondly, it is interesting that MacFarlane invokes science to advocate nuclear power but is happy to remain silent on the overthrow of science used as an excuse to impose carbon tax, which would be the trigger for nuclear power.

I have a question for Mr. Ian MacFarlane: You wouldn’t happen to know Mr. Hugh Morgan and Mr. Ronnie Walker?

These two wreckers and wealthy parasites wish to enrich themselves many times over again through the destruction of efficient coal based firms so that politicians will lob billions of dollars taken from millions of other Australians – firms and their employees, to fund their bank vaults nuclear power plant.

Hugh Morgan and Ronnie Walker are pals of Mr. Greg Lindsay, who, oddly enough, is campaigning for carbon taxation. He asserts the tax will make ‘alternative energy economic’ (Jackson eviscerated this rubbish with a swift paragraph). It occurred to me early last that there might be a link with Morgan and Walker and found it. In his lobby paper Lindsay left unsaid, nuclear energy.

The dis-economies of Wind, solar, and wave (Hunt’s favourite) are tremendous. It is horrifying merely contemplating what this means, the destruction of coal for these scams. Ah, Nuclear power to the rescue! Except, it is not economic – why else destroy coal and subsidise nuclear to the hilt!

It is transparent that the very same criminal suggestion was put by Berg and Davidson in their joint IPA position paper on manufacturing.

Mr. Ian MacFarlane owes Liberal Party and Australians a true explanation. Silence is read as, they are not co-incidences at all and then I would have to go after Mr. MacFarlane with my PC version of an Ironbar. But, hey, this is why I love the Right; they drink poison by the buckets and I get to describe the effects (sadly, they expect everyone else to drink it, with them forcing it down throats). I’m a surgeon and a good surgeon needs to practice on dead bodies.

Next, since March 2008, tidal waves of evidence demonstrating the impact of carbon taxes has crashed over the heads of Europeans, British, Asians and Americans. Investment in energy firms stopped, firms collapsed. Tens of thousands in a matter of week over several weeks early 2008 and in Britain alone were thrown out onto a growing heap of those made destitute by ‘government’ coercion, Co2 taxes. In the wake of the Obama carbon tax bill, companies are planning to quit the US, should it pass the Senate, because the investments will be wiped out. Energy firms are at the advanced planning stage of, “Flee for your lives!”

In March last year, share markets wrote down the value of Australian coal based companies in reaction to the proposal of carbon taxes. Well, readers, does it really take a genius to guess what will happen if the carbon tax bill is passed? If there are those who still cannot grasp it, the Australian this morning spelled it out.

Big electricity generators plead for $20bn ETS aid

Next to the punishment a $20b aid transfer would mean for many firms and their employees and investors, it won’t stop what the coal firms correctly state, carbon taxes will wipe them out. The end of them, the end of energy production.

There is a problem with the article. A mistake also made by numbers of ‘economists’ of the Right is stating the danger the tax poses to firms is one of capitalisation, the market value of the firms. These values are estimates of the future earnings of firms. If the former falls, capitalisation values will fall accordingly. Firms’ earnings are what is generated by their assets - output produced by working the physical means of production and they are capital.

The net worth of a firm is its total assets minus its liabilities. Taxes are liabilities. So, the problem faced by the coal companies is, the taxes will be capitalised. The liabilities will now exceed losses, meaning net worth becomes negative. The nature of the tax destroys this particular investment. The generators would be scrapped. 

The coal based energy firms would be wiped out. This is what is crucial about what the above article relates. It is what Jackson nailed from within Austrian capital theory, when he criticised Greg Lindsay’s carbon tax paper. Greg Lindsay has refused to respond. He has tried to ignore the case set out by Jackson. Capital, the physical means of production, has value so it can be capitalised and new capital funds raised for sinking into more capital. If it were not so, there would be no capital and we would be stuck in primitive misery.

The above summary of the tidal wave of evidence of capital wipe-out confirms theory that Jacksons laid out. Amazingly, as I set a mountain of that evidence, and it still was only a small fraction of it, Lindsay like the Black Knight in Monty Python’s Holy Grail was defiant, ‘They aren’t hurt. I’m not hurt. Come back and fight you cowards’. It would be nice to do as the two crusaders did, walk away ignoring him and enjoying a good chat but it can’t be done.

The carbon tax bill is aimed at first destroying the capital in efficient coal energy firms.  Destroy that supply, and other firms must fold. We are talking about destruction of production. This means investors, and this means all modest super policy owners too, will have their savings wiped out because the firms in which they are invested are wiped out. Employees can no longer earn because there is no capital to work. They are made 100% destitute. Their families starve with them. This began to occur by March 2008 in the UK under the Tony Blair-Gordon Brown carbon taxes, taking out large firms and tens thousands of employees and it hasn’t stopped.

Go through how extensive the damage can be -hospitals, homes, entertainment, books, clothing, shoes, food, lighting, the list is endless. They don’t occur ex nihilo, nor maintained and run by magic. Neither are, firms producing capital goods that are used to produce more capital goods that finally are used to produce ccgs. that are used to produce consumer goods. To use the Austrian school term, the ‘country’s production structure’ is at stake and this means the very lives of Australians are at stake.

Enter the pro-Nuclear power brigade. Look! They say, we have the answer.

No they don’t.

1. They are conceding the Greens lie, even though they might not believe it, in order to enrich themselves at the cost of inflicting tremendous destruction on many others, for:

2. The destruction of the coal plants and all that supports them , inclusive through to distribution of their output. Destruction of capital.

3. Seizing capital needed elsewhere, destroying other investments. This type of capital destruction already stamps the impact of the ethanol fraud on food production, with major food shortages matched by spiralling food prices in other countries, and the only reason why we have not felt the full impact of it here is that to date the Right and the Left have not as yet perpetrated it on the same scale.

4. Because nuclear power is not economic (not yet anyway, or else free market firms would be investing in them) it means production and so supply is cut. Rising costs reflect economic inefficiency. This hits all other firms that do require efficient supply. As it is, for instance, regulation has meant many have re-directed investment to overseas rather than in Australia. So what firms can withstand this cost shock I don’t know but it does spell the end of numbers of firms full-stop.

Taking points 2 to 4 together, the ‘carbon tax ‘em then nuke ‘em brigade’ are trying to pull the wool over the eyes of Australians. It still means immiseration for millions of Australians. It is a real opener to realise how many in Australia can push to perpetrate all this against Australians and with the added consideration:

Carbon taxation is a totalitarian measure, for it requires totalitarian coercion to make what should be free men and women obey it. This from those in the Right, in the Liberal Party and not just the hard Left and the fanatical Greens!

But wait! There is more good news! Live-stock is to be hit with carbon taxes, not immediately but the aim is to directly apply them to live-stock. Yet, even without this, agriculture is hit hard because it requires efficient energy. And there is machinery, and a range of materials required. Meat and wool production and crop production is sliced apart. An instance of the impact of a carbon tax on food production has been given above, the ethanol fraud. It is a carbon tax, a tax Andrew Bolt supports, and he is now flying cover for the nuclear scam in the Herald Sun, and here’s an instance:

Change your tune, Peter

The Austrian analysis of capital and production structure is not ordinary. There is much involved and I wouldn’t venture it because it involves theoretical reasoning to intricate depth not open to a layman. But the above surely indicates something of what is meant. It is not self-maintaining and it can be destroyed because of lousy and worse policies. This means misery for millions. This is what carbon tax is, a destroyer of capital, and an instrument with which politicians in the Left and the Right, charlatans pretending to be scientists, and bureaucrats will wreak something incomprehensible for many Australians, but not for those who have escaped certain regimes, their ruination.

The tax will be put before the Lower House next week. It is a truly horrifying prospect. Tuckey, cut their heads off with that iron bar. There is no time to lose.

Rudd, Wong, Turnbull, et al , Left and Right who are behind it, must be totally eviscerated. It and they must not be simply stopped. They have to be publicly destroyed so that it and any other rotten, destructive policy will never be raised again and this is very important because it is what its supporters in the Right would do should it be defeated this time round, impose carbon taxes. These Liberal Party wrecking, Australians betraying parasites are no better in some ugly respects than the treacherous Left.

As for the anti-science lies used to perpetrate it, they must be totally smashed up and the Green’s fanatics with it, both on science and on economics. This the Right, all of them, have never done because they haven’t got a foggy as to what is required to blow these diseased, treacherous Leftists apart for the totalitarian bent fanatics they truly are. And, Garrett is still one of them, make no mistake about that.

Oh, darn, here’s another of the Right cleaning up from the carbon tax plunder and destroy scheme. It’s former Senator Robert Hill who has by some stupid mistake been made a professor ,

… following the acceptance of a Government job by another Liberal, former environment minister and South Australian senator Robert Hill.

Professor Hill will chair the Australian Carbon Trust – a new fund to allow individuals to invest directly in reducing Australia’s emissions.

His acceptance of a job based on the establishment of an emissions trading scheme is a clear sign Professor Hill supports the Government’s approach rather than the Opposition’s – which is to oppose the scheme.

How many genuine Liberals have managed to sneak past the Right into Parliament, thereby cheating Liberal Party wrecking parasites of their feudal rights? Oh, and Hill, what’s the quibble? Oh, I see, Turnbull would delay destroying Australians by a couple of years and that’’s silly. Why wait, hey, when Australians can be defrauded and companies shut down now.

Is their a Hill - Greg Lindsay link too?! If there is, by Jove, I’ll be having more fun with the flame-thrower.