More on, Obama sends capital markets into a dive

Is it remarkable that, last Friday, barely two days after winning the US Federal election, Obama and the Stalinist Democrats sent markets in capital funds for investment in the US diving? It’s not nice some times answering rhetorical questions but this time temptation wins. Of course it isn’t. This is a follow up to yesterday’s item.

‘Future expectations…’, to make sure of the meaning it is as well to throw in a clarification. The prices of shares are the sum of expected future earnings. The markets having wiped out the keynesian- Central Banks induced share-market bubble, the falls in US capital markets, commencing friday and continuing today, are due to the appreciation of what the victory of Obama and the Stalinist Democrats means. In driving down share prices, they were not simply stating the future earnings of firms in the US will fall, they will be smashed by Obama and his fellow travelling diseased Leftists. How severely earnings will be smashed is reflected in the telling declaration, there will be a flight of capital out of the US. This should make sellers of US capital funds on the wrong side of nervous called panic - Obama won’t be president until next year!

Australians will not, unfortunately, benefit from thet flight of capital out of the S, due to the cretins in Government, and in the Liberal Party. Peter Costello, it might be added, did his bit to make Australia hostile to capital and its accumulation. Costello, to comfort that big sook, was not alone. The likes of Alston, David Kemp, Ian Campbell, Malcolm Turnbull were with him cry-baby shoulder to cry-baby shoulder. These economic illiterates also paved the way for the Rudd fascist Cabinet - no ifs and buts about it, they did, and so did those incompetent clowns in the Institute of Public Affairs and the Centre for Independent Studies.

The HR Nicholls Society made a singular “jaw-dropping” contribution to the election of that oily, blithering idiot called Kevin Rudd. They made the election of Rudd and the Cabinet of brown panatalooned, dribbling twits a certainty when they thoroughly wrecked the otherwise sound and therefore highly moral campaign for free labour markets. Oh, as for the world’s No.1 economic genius, Peter Costello, he was too stupid to realise that club didn’t have a clue about the true, solid case for labour market reform. Then, why would he reject their comic scripts purveyed as sound advice? Along with those other wreckers of the Liberal Party, and genuine Liberal causes, the Kemp Brothers, Michael Kroger, Senator Nick Minchin and Bob Day, Peter Costello is also one of that club of retarded snails.

A digression

Peter Costello, folks, recently declared on radio a lie told by diseased Leftists. The recession, he explained with all the gravitas and expert judgement he could muster, is George Bush’s fault. Only the congenitally inbred cretins of the Right (if they were a family they’d be thrown into prison on the count of incest) esteem Costello as a brilliant economist. He even had his own media fan club in types like that King of Stuffing Up Adult Affairs, Andrew Bolt, and his fellow kindergarten playmate called Tim Blair.

Tim Blair reckons Turnbull is Rudd’s nemesis and an economic genius too. Those suffering arrested development are, of course, forgiven their naivete and belief in a great big fascist fairy called a Turnbull. Sadly, puffball Turnball doesn’t dwell at the bottom of the garden. Instead, he punished the Liberal Party and taxpayers by buying a precious blue-ribbon Liberal Party seat. Hmmm, it wasn’t simply adolescent petulance that moved Bob Day to spit the dummy, leave the Liberal Party, and join another pack of socialist parasites called Family First.

Having thrown his own moolah at “Rightwing” outfits and the Liberal Party, Day had every good reason to assume he had rightfully bought Downer’s former seat. Mind, Kroger and Costello didn’t buy positions, they let their Toorak Brahman backers buy the entire Victorian Division for them, and then seized total administrative control over it - ably assisted by the likes of the Kemps, Russell Hanan, “Potty Mouth” Barry, and Julian “Iron man Jules” Sheezel (if the sheep’s droppings brained can be called help). Yes, Sir, Day had a point.

Resumed

Those engaged in markets do tell the future, with consistent accuracy, and long range at that. They have every good reason to write off the US under Obama and here’s some more explanations of why:

The coming Obama economic nightmare

This item concludes with a punchy observation that sums up both the venal Right and the diseased Left in Australia and their forays as States’ and Federal Ministers, and their ‘lower caste’ blood extractors in Local Councils:

Argentina’s Obama policy of spreading the wealth sinks the economy:

“If the next president sees private corporations as the class enemy and taxpaying as “patriotic,” and Congress continues to look at private 401(k) assets as a public piggy bank, there’s little doubt the same mess in Argentina could happen here, too. It’s worth thinking about.”

That also sums up Turnbull and his sidekick, Julie Bishop (aspiring world’s greatest treasurer and Phud scientist because, as she declared, straining on the potty is a skill and science is a skill), and not a few dopes enjoying “the long snooze” (move over R. Chandler) in the name of the Liberal Party.

Obama and his fellow Democrats adopt Hoovernomics

The notion that investors will stand stunned rabbit still and wait for the Obama train of treacherous Leftists run over them, is too stupid that only the above sorts of retarded snails could believe it and this not at all implausible. Malcolm Turnbull, David Kemp, the parasites in the CIS, for example, believe as Rudd and his gang of thugs, investors will happily leave their capital in Australia so that this lot can wipe it out with carbon taxes.

Chinese and Indians will benefit and greatly from the expected flight of capital. Switzerland is an excellent destination for capital too. Indeed, in the case of Australia, besides the impact of the RBA caused recession on manufacturing, capital has been shifted into China long before the recession came into view; due to Federal and States’ Governments busily wiping out advantages to producing in Australia over decades. I have in view capital intense maufacturing, and, it follows, it is raising real pay to employees in China. Chinese are becoming wealthier each year, while the parasites, including too many MPs in the name of the Liberal Party, in Parliaments have been about only pauperising millions of Australians. It’s a waste of good spit to spit on these over-indulged bums; the decent simply sink the boots in and break every bone in their pampered, fat bodies.

I’ve watched new entrepreneurs come up with new products and take them to China because of the abuse and larceny committed by Governments under both ALP and Liberal Party administrations - Peter Costello the economic wunderkind! We are talking about enterprises that are genuine free market operations run by real entrepreneurs and their backers and they are all saying Nyet to Australia or, for the benefit of the dumbos in Canberra and States’ Parliament and their goon squads called tax offices:

‘Get stuffed, you rotten bastards’.

A matter of days and investors in US firms are already telling Obama, as President elect only, and the Stalinist Democrat Party not to get stuffed. No, investors are saying something much nastier than that. What all this means is, modest Americans are in for a really hard time. Obama and his gang of larcenous, treacherous leftists will immiserate many. But, hey, treacherous Leftists are no more concerned about the lot of the modest man than are their billionare backers such as Soros and Buffet. They all tell the modest American; “Hand over your property. Now buzz off peasant and die in the hovel you infest.” Funnily enough, Downunder, this is not only the what the diseased Left have long planned for modest Australians, but the venal, unprincipled, cleptomaniacal “Right” have too.

I appreciate our American friends might find it incredible that the “Right” in Australia share so many endearing virtues with the diseased Left but I’m here to tell our friends, it is no exaggeration. Hence, one usually puts “Right” in quotation marks, and asserts the distinction between that lot of snivelling, yellow chisellers from genuine Liberals (never to be confused with what in the US is called Liberal - US Liberals are diseased Leftists, and should not be allowed to violate language by calling themselves Liberals. This, this itself is a lie.).

It’s not clear how bad things will be in the US and I don’t wish to be the cause of too much despair, yet, because there will be enough of it as it is. Besides, as an Australian, one enjoys vomiting daily, thanks to the “Right” and the diseased Left in Australian Parliaments and what the whole pestilential lot of them have done so far, and continue to perpetrate. It’s enough to say, Obama and his chums are a US-wide catastrophe. Our US friends, however, can take solace in this:

Malcolm Turnbull, Julie Bishop, Georgiou, Ryan, Hunt, et al, of the Liberal Party, and Rudd, Swann, Gillard, Fergusen, Crean, Peter Garrett et al of the ALP, are all as bright as retarded snails. So is Obama and his fellow congenital cleptomaniacs.

Secondly, the US has vast numbers of entrepreneurs, many of them concerned to see that the Left is not merely fought, but destroyed. They show they are willing to identify and fund talent/possible talent to do this work. Australia is small, with few billionaire entrepreneurs. This is part of the reason why the “Right” control the Liberal side and keep it in their stranglehold, reinforced by their fellow unemployable bums in the IPA, CIS and HR Nicholls Society, and their fan club in the media - Tim Blair, Andrew Bolt, Janet Albrechtsen, Terry McCrann, Alan Wood, the Devines. There is some good news. That old communard, PP MCGuiness, no longer causes any damage to the Liberal cause, because the ignoramus is dead. Needless to say, Corporate Australia is a very small, clubby world. So the professional, dole bludging “Right” have a very easy time of it steering donors to the doors of their bank vaults while smearing and defaming genuine Liberals and genuine guns, and trasmpling over the top of them. Incredible as it seems, this is what this lot of wallet ticks do.

When it comes to principles, duty, nerve and courage, or their bank accounts and positions, they are happy to see millions of Australians ruined and Australia destroyed. In case some readers believe this is an exaggeration, then, to infer, they have not been following the evidence so far piled up against the venal, congenital idiots whose major accomplishment is to cower before the diseased Left, oblige the fanatical Greens with their wish-list, and concede grave fights to Union thugs and the Rudd led fascists. This is how bright Australia’s “Right” is, how tough they are, how full of fight they are, how principled they are. A man shoots bad, untrustworthy, vicious dogs - so why, Mr. Ron Manners, are you feeding sheep killers, instead of shooting the mongrels?!

See, it’s true, our American friends can find some solace in a dark hour. They are not lumbered with what genuine Liberals and modest Australians are forced to keep. It get’s better for our friends. The treacherous Left will never be annihilated in Australia until the the larcenous Right are wiped out entirely; things are not this dark in the US. In this respect, as an Australian, I feel envious.

Penny Wong - Kevin Rudd and their ‘advisers’ = lying thugs

Wong has released ‘economic modelling’ purported to show imposing carbon taxes will have little impact:

- Some firms will shut down such as coal based energy produces
- There will be economic growth
- Real incomes will rise
- Some whose incomes might be affected through rising prices can be compensated
- Carbon taxes will be in force by 2010

These are the some of the principals claims made by the Centre for Independent Studies in lobbying for carbon tax destruction day. They are lies, built on garbage. As for ‘modelling’ - it is nothing more than ‘chicken gut oracular’ consultation.

Co2 taxes means economic obliteration of Australians. This is the truth the “Right” and their clunker tanks - the Centre for Independent Studies in particular, are also deliberately lying to Australians about. Treacherous, craven, venal, ignorant, callous slobs - this is all that they are.

The “findings” are undiluted garbage. Who wrote the report should be thrown into prison and flogged every day. Ah, so should that totalitarianism bent fraud, Professor Garnaut. The report is nothing more than an low attempt to ‘justify’ what is a totalitarian measure which is horrendous in force - and the rotten, venal “Right” support it, as these callow shallow bastards have made very plain.

What right do these parasitical dumbkopfs have to impose a totalitarian, destructive measure? The answer is, these lying mongrels have none what so ever. They are lying thugs. Criminals, the whole damned lot of them.

This lot is going to cause real misery, and the Right are also criminally culpable for what is about to be unleashed by the Rudd pack of totalitarian, diseased Leftists, against Australians. As for Wong, she is a moron whose notion of science is ooga bloody booga, but really it’s not about truth. What counts for this Leftist cretin is that it is an excuse for totalitarianism.

Wong can get stuffed. She can ram her Soviet Collectivist style plans up her stinking backside. So too can Rudd and the rest of the Cabinet of lying, totalitarian scumbags. Unemployable parasites, all of them, including the spastic “Right”.

I apologise readers for failing with the postings again, but it has been another interesting day. As far as posting goes, a bit frustrating. However, I have the promised articles tapped up - they only need a clean up for hurling them tomorrow.

3 AW deceives and cheats its listeners

3 AW has never given good reason to regard it as the broadcasting anti-dote to the taxpayer kept collective of diseased Leftists, ABC, contrary to someone who recommended it as such. On economics and matters pinned to it, their ‘expert’ commentary makes me cringe and for two reasons: the content is bad and because it is bad, it also, as the illiterates, the callous and the ignorant “Rightwing” commentariat in the newspapers, they cause great damage. 3AW leaves, as do the print commentariat, in the dark. 3AW has outshone itself. Yesterday, it drew on a diseased Marxist for expert commentary on the financial crisis.

Yes, one was economical with the truth yesterday by confining a remark in, Recession and abysmal commentary (13/10/08):

3AW, Hinch is interviewing Dr. Burchill, economist and writes for The “Spencer Soviet” Age. Burchill asserted the recession could not be predicted… It’s the “boom-bust” notion and keynesian snakeoil… Burchill, to say the least, must be aware of Jackson’s work and the fact that he has been tracking the RBA’s massive monetry expansion for over a decade and repeatedly warning of the consequences, including his prediction in 2004 of financial crisis in 2008.

To observe something not at all esoteric, it is no long standing secret that Burchill is a lying, Marxist thug. It’s known all around Melbourne, and has been known for many years now.

Of course Burchill is aware of Jackson. He’s not only aware of Jackson, a source told me he is afraid to debate Jackson because he knows he will have the stuffing kicked out of him in any public exchange. Burchill is a diseased Leftist and a coward. As mentioned before, stored in my archives files are articles from the old, TNA News with Commentary (succeeded by Brookesnews). Some articles were stored on the principle of ‘know thine enemy’. Here’s one of them:

Ignorant Marxists, thuggish protesters and anti-capitalism, Gerard Jackson (23/7/01):

“Scott Burchill is a lecturer in International relations at Deakin University, Victoria, Australia. Reading his ideologically motivated anti-capitalist hate pieces make one realise where many of our student activists get their twisted view of the world from. His latest diatribe in the Australian Financial Review (Enslaved by market forces, 16/7) exposed his staggering ignorance of economics.

“He praised ‘popular’ opposition to free trade, which he put in quotation marks, denied protestors were ignorant and sneeringly referred to “neo-liberalism” and “rapacious multinationals.” What a gall. Marxists murder more than 100 million people and turn their countries into slag heaps and he calls multinationals rapacious. Tell me something, Burchill: how many people did General Motors, Coca Cola and Microsoft murder? How many death camps did they build? How big are their secret police forces? How many strikers did they run over with tanks? How many millions did they starve to death? How many did they torture and hang?

“Putting free trade in quotation marks was a snide attempt to denigrate it. To the likes of Burchill, this beats having to actually debate the subject. Now let me express this in a way that even a Marxist bigot like Burchill can understand it. Free trade means the free flow of goods and capital between nations. The economic argument for free trade rests on the theory of comparative advantage which demonstrates why the free international movement of goods raises aggregate output and why tariffs lower welfare by misallocating resources. Burchill makes no mention of these facts, preferring to rely on ideology rather than reason. Just as he ignores the unpalatable fact, unpalatable to leftwing bigots, that restricting trade disproportionally hurts the poorest countries. But hey, Scott, you can’t make omelettes without breaking eggs, can you?”

For the enlightenment of readers, the entire article is published below in, ‘Continued’.

I have emailed 3AW and Derryn Hinch, advising them Burchill had decieved them. Avised them of the snakeoil Burchill pumped out yestderday evening. Also, Burchill could have mentioned Jackson (but why should this hard Left thug do that?). Worse, though 3AW are less than adequate in economics affairs, how can they fail to miss the singular, well known fact all around Melbourne that Burchill is a nasty bit of Marxist rubbish? They have no excuse whatsoever.

The imprtant thing about this is 3AW’s listeners and the service 3AW pretends to deliver them. They are mostly decdent, modest Australians. 3AW has pissed all over them. 3AW, it is obvious, is refusing to correct this grotesque deception of listeners. They can remedy it. They could make the effort to contact Mr.Jackson. Will they? The object of this piece is to make sure 3AW does not get off the hook.

Let’s look at it again. They abuse listeners by pumping out snake oil through its regular ‘economic experts’, whose economic grip is non-existent, or at the very best, lousy. To cap this abysmal service, they then trot out a treacherous Leftist thug to pour more arsenic down the throats of listeners. They are contemptible, lazy, ignorant, arrogant, and hold their listeners in contempt. Well, at least that sod called taxpayers isn’t burdened with keeping these drivellers.

(Continued)

Scoop: New Development in Iguanagate

In the first item on Iguanagate,

“Scoop: Belinda Neal is not “vindicated” & Can still be charged with criminal offences. ALP, and Iemma Govt. can also face criminal charges. Try, Perversion of Justice.”

It was related a first rate source informed me hard evidence against the thugs exists, and it shows also Belinda Neal attempting to break into the manager’s office in the Iguana Club.

In, More developments in Iguanagate, it was related -

The witness who had retracted her evidence due to the intense pressure exerted against witnesses, went public yesterday. Late yesterday evening, in a radio interview she stated that that was indeed why she had withdrawn her statement. The Left dominated media did not cover the interview today.

In, Ex Employee stands firm against thugs, one remarked on the sacked operations manager Mr. Jared Gollo that he is an honourable and decent young man, reflected in his determiniation to support young staff, some sacked, in the face of the thugs. Gollo and other staff were sacked for giving witness statements, and reading between the lines, what pressure was applied to the Iguana Club.

It was also questioned whether police, as well as ALP heavies, had subjected the staff to intense pressure to either not give statements or retract their statements. If so, this would mean perversion of justice by police whose strict duty was to investigate what was claimed.

Yesterday evening a first rate source told me, the staff were subjected to intense pressure by police. Try, perhaps, grilled and interrogated. They treated the staff as criminals.

The deliberate suppression of hard evidence pointed to the DPP. Were the police ‘investigating’ the case also involved in suppression of the evidence?

Sydney political cartoonist “Zeg” mused in response to Colin Cowdrey’s dismissal of the case on the grounds of “insufficient evidence”:

As far as the media cycle is concerned it’s over and I doubt that the Police will ever go against the Federal and State D.P.P decision not to prosecute.

The real shame of it all is that justice has again evaded the high and — dare I say it — “naive” expectations of Mr & Mrs Australia.

The Della Boscas…they have been given this get out of jail free card by the D.P.P so they can just keep their heads down for me.

Hmmm, they were not given a “get out of jail free card”. Systematic perversion of justice by the NSW administration, assisted by ALP machine thugs, was the reason the Boscas were not pusued. Neither have, in addition to police, thugs who tried to subordinate the witnesses been pursued.

Zeg muse,

“I can only hope that… the Independent Commission Against Corruption (I.C.A.C) can proceed with a public enquiry…..somehow I doubt it, don’t you?”

The evidence exists, it is clear the effort to pervert the course of justice was systematic. Moreover, if the sacked staff proceeded with claims inlcusive of unlawful dismissal, as one has pointed out, a competent barrister will have certain thugs, including the Boscas, on the stand. For the sackings of the staff devolved on the pressure applied by thugs and it is that lead to the sackings, so of course it could be extracted out of them. Several lines of questioning of certain parties would lead to the scumbags being hauled up on the stand and damning themselves.

The case is not over. It must be pursued. In the meantime, my source told me the Honourable Jared Gollo is standing firm, as determined to see justice and truth upheld. In view of the thugs he is up against, he is clearly a courageous young man. Unlike all too many sitting in Parliament, Mr. Gollo is an honourable gentleman, and deserves to be so addressed.

Bye the bye, the Federal DPP must also be required to answer why they did not proceed. It is understandable why the Liberal “dog did not bark”. The rump of Michael Kroger Party scrofulous parasites from Victoria have, besides being unprincipled, bone-idle cowards, another good reason for their inaction.

It is the Victorian STO and OPA and what their State chums and advisers did with them. Then, there is the general increasing lawlessness of politicians as well as bureaurats. The Statist Right, it is transparent, have also arrived at the view poliiticians, the Executive, and administration are above the rule of common law. We can tell, because it is not simply, for example, the ALP usurping the Rule of Law. The Kennett administration and their advisers did a great deal of dirty work too; and in Opposition the blobs are still contendly helping the Bracks-Brumby Cabinet’s overthrow the Rule of Law. All this, however, does not excuse the Federal DPP.

Reply to Jan Fredericks

Jan Fredericks took exception to, Hard Left front advocates killing of children and cuts a horrific campaign to push it.

She gave a theological reason, except that it’s not Catholic in content. It is very bad;

“God created us to be the stewards of God’s animals. Humans are not the center of the universe, God is.”

It’s a misconception of what is a theologicum only. It’s, and there is no other way to put it, vulgar, very crude. Next, without theology, man is the centre, as it were, of this universe. Man is unique, and this is a straight truth from science.

She cites as an authority a Dr. Charles Patterson. He is a chiropractor and chiropractic is bunk, as the Australian Skeptics, James Randi, and others have taken pains to carefully explain. This, however, is beside the point, Frederick’s citation is Patterson as an historian. I looked up his work,

Eternal Treblinka

It not only is a claim to sound history. Reading the summations and extracts, Patterson is also making claims about economic history. It is appallingly bad. I was shocked when I read through the material on the site.

It is a mockery of history. A falsification, and one that makes a complete nonsense also of the Holocaust. He would improve economics, and history be leaving both well alone.

This is most disagreeable in itself,

“I would recommend reading it before making judgments.”

The reason why it is disagreeable is the existing, extensive body of work on German history by distinguished scholars. It is also possible to judge without reading that body of solid scholarship, because equating animals with man is false and it does also involve the truth behind the equation - it is an excuse for thuggery and murder.

However, it is even more disagreeable because of the unadulterated trash Patterson’s tome is. The Chris Berg-Andrew Kemp, Institute of Public Affairs, falsification of the history of economics, is a disgusting travesty, yet they have not stooped as low as Patterson. Readers can confirm for themselves what Patterson has done at this site, Book Reviews.

What the ‘book’ reduces too is the Holocaust is due to civilised man. In particular, Western Capitalist man, who fuses what Patterson concocts as history, right from ancient history all the way down to the present, in a nasty trajectory that leads to such horrors as the Holocaust. That free markets and capitalism never has and never will lead to such horrors are facts the diseased Left suppress, falsify, and lie about. Now we have another diseased clown at it.

It is a book that will, no doubt, appeal to diseased Leftists, as a brainwashing tool. Otherwise, it is so disgusting one cannot in all honesty begin to criticise it without the urge to ‘burn the book’ and this would mean destroying the pc. One has to wonder at types who can write such a pack of faleshoods and inventions as history and add insult to injury by making mockery of grave matters. Patterson has done so insouciantly, for his complete and irredeemable ignorance of history and economics is on full parade. Only diseased Leftists,the raving mad, and the immature can rate it highly and they do, for example:

One of the most poignant and powerful books I have ever read, and probably will ever read…I doubt the case for treating animals as equals has ever been put in such a convincing way.
–Adrien Bischoff-Dyson (UK)

Returning to Fran, the name links to this site:

Catholic Concern for Animals
and THE ARK
Working to put animals on the agenda of the Catholic Church

It boasts,

“The President of CCA is always a bishop or archbishop, and it has many distinguished patrons.”

I couldn’t give a stuff whether even the Pope lends his name to it, because it’s not Catholic. It is advancing what is anti-Catholic, beginning with the apostolic literature and down through the history of theology and, with regards to this lot, Church doctrine. Man is not a species of animal, is unique and whether God exists or not, man is at the centre of this universe as it were. What is also sapped by such non-Catholic associations are the core doctrines of Christ and Trinity. They are also advancing pantheism and gnosticism. Near credulousness and naivety is no excuse for what is an unadulterated travesty of these matters, which is most repugnant in its force. As for the bishops who support such rubbish, they are a disgrace and should be chucked out of dioceses as unfit.

The nazis’ equating of animals with man sprung from the cult of nature. The cult is pushed by the above. It is a hideous, and destructive cult. The hard Left are pushing it because it is a dagger aimed at free, decent, capitalist Westerners.

Man is just another animal was and remains an excuse for murder, irrespective of scale, ‘State’ ordered murder as in Holland. As a corrective to this rotten cult of ‘nature’, this article summarises some telling points good men, and ladies, have been at great pains to explain;

The Really Inconvenient Truths
By Janet Levy

CCA - another front for diseased Leftists, relying on the gullible to do their dirty work.