Calculus for ALP members

16 02 2012

I said it once and I will say it again. Why are ALP types so hopelessly bad at math? via Andrew Bolt:

Reader K, a chartered accountant, writes:

I note Health Minister Tanya Plibersek is claiming the ALP’s Health Insurance Reforms stop people earning $50K subsidising the health insurance of people earning $250K.

You might be interested to know that a person earning $50K pa pays $5,400 pa including Medicare levy. A person earning $250K pa pays $89,800 pa including Medicare levy. That’s 16.6 times more tax despite only earning 5 times as much income.

Does Tanya Plibersek seriously think people earning $250K spend 16.6 times more time in hospitals? Indeed on a related topic does she think $250K people have 16.6 times more children being educated by the Government? The suggestion that someone who has paid $89,800 in tax might at best get about $1500 back in a rebate for health insurance is some how bludging off the person paying only $5,400 is so utterly preposterous that one wonders how absurdly innumerate Plibersek is to have arrived at this conclusion.


Struggling to count our money

14 02 2012

Some brilliant news for the workers in a struggling industry:

GM Holden has agreed to an extraordinary wage deal that will lift the income of 4000 employees by up to 22 per cent by 2014, despite the carmaker seeking a taxpayer-funded assistance package from the Gillard government. In a deal hailed by union leaders as “spectacular”, workers will receive a “guaranteed” 18.3 per cent increase over the next three years, with some workers to receive up to 22.3 per cent.

Even better:

The Australian has obtained full details of the agreement, which the union said contained no productivity trade-offs… Federal Liberal MP Jamie Briggs yesterday questioned pay rises previously awarded to Holden employees, saying recent enterprise agreements did not appear to be delivering productivity and efficiency gains. Mr Briggs said if taxpayers are “handing over large wads of cash”, they would expect that companies receiving support would make improvements to their operations.

This is absolutely shameful. In a modern Australian context, or should I say in ALP/union Orwellian double-speak, a “struggling industry” means an industry that rewards its unproductive workers with money extorted from the taxpayer. Furthermore it feels entitled to reward its workforce over and above of what the taxpaying suckers can expect themselves.

This a brilliant new economy that Gillard government is building.

Aussies are backward!!!

21 10 2011

Aussies are always a few years behind times:

The European Union is for the first time clearly questioning whether it should press ahead with long-term plans to cut greenhouse-gas emissions if other countries don’t follow suit, in what could herald a significant policy shift for a region that has been at the forefront of advocating action to combat climate change. The document is unambiguous about the risks if Europe acts alone. “It has to be seen clearly that there are risks associated to unilateral EU action,” the commission says in its draft. “There is a trade-off between climate-change policies and competitiveness. Europe cannot act alone in an effort to achieve global decarbonization,” the paper says.


Japan is reconsidering plans to cut carbon-dioxide emissions by 25% by 2020 due to a rethinking of its energy future, and the country is worried that it is spending too much on carbon-credit programs, a senior government official said on Wednesday. “Japan’s wealth has been draining out” due to buying carbon credits from East European countries and China, Mr. Nobutani said.  METI estimates Japan has paid as much as ¥800 billion ($10.4 billion) to buy 400 million metric tons of carbon credits.

But ALP says it will be all sweet and the Treasury has models that prove that the logic, reason and reality are wrong!

via Andrew Bolt

The Folly of Social Democracy

21 07 2011

We live in so-called social democracy where the weak and uncompetitive are entitled to other people’s money. None of us in our daily lives go to the market and buy things based on the needs of the seller. We don’t think "gee this guys onions are twice the price but he has four kids" or "this lady sells stale bread but she has a lisp or a minority background". We want to buy good quality at he lowest price.

Yet we expect our society to be organised in exactly the opposite way where some people get supported by others. The miners are making too much money – let’s take it off them and give it to car makers or farmers and so on.

If something makes no sense to us on the individual level, it should make no sense on the collective level either. Government edicts cannot overturn the laws of economics any more than they can overturn gravity. The results of this folly is now plain to see in places like Greece, Iceland, Ireland, UK and USA.

With Friends Like this Who Needs Enemies

8 07 2011

Now we can really see what this new tax is about. From Christine Milne’s press conference this morning:

The (tax level of $23 a tonne) price will not be high enough to drive the transition to renewables.

She then twice refused to give a guarantee that this tax would even achieve the Government’s target of a 5 per cent cut in our 2000 emissions by 2010.

So why are we doing this? Gillard is toast and ALP may go with her. It’s too late to save Gillard, time to save the ALP.

More from the same series:

THE Greens have been accused of "gazumping" Labor with a major renewable energy announcement, as they admitted the starting carbon price will be less than half the level they wanted.

People already don’t believe a word Gillard says and then we have Greens confirming every worst perception.

The Madness of Carbon Tax

7 07 2011

Somebody has to ask the following questions:

Is CO2 from petrol any less dangerous than CO2 from coal or gas? If not, why is petrol excluded from this tax?

Is CO2 from the poor any less dangerous than CO2 from the rich? If not, why should the emissions from the poor be subsidised by this tax?

Why are power stations that produce electricity are called a "big polluters" but banks, offices, households and our parliaments that consume this electricity are not?

CO2 is a by-product of industrial activity and the tax on CO2 is a tax on industrial activity pure and simple.

We are told that the tax will encourage the move to cleaner forms of energy but politicians will not let us use any realistic alternative to generate 24/7 base load power! Nuclear is clearly out at least for as long as ALP and Greens are in power and then it takes many years to build a nuke station. Clean coal is a pie in the sky fantasy that may never be realised. Gas is quite expensive and also produces CO2. Wind in solar are intermittent and stupendously expensive.

What are we supposed to do?

John Faulkner to ALP – “Change or Die”. Sounds like Die to me…

10 06 2011

I had a great laugh reading this. The ALP is doomed…

Delivering the Neville Wran Lecture at NSW parliament, the former ALP Senate leader said Labor had already "lost a generation of activists" and unless it confronted internal reform, "we will risk losing a generation of voters as well".

His message was that Labor suffered from a deepening malaise that was a national problem. He attacked Labor’s governing culture of control and staying "on message" as "no longer enough", and argued the public now valued authenticity over "the appearance of harmony".

"The Australian Labor Party was formed because working men and women in Australia needed a voice in parliament.

"The need for such a party still exists, and it will still exist even if Labor should fail the test of reform."

Except of course modern ALP has nothing but contempt and “we know better then you” attitude towards the “working men and women”. It has become a party that somehow tries to bridge the lofty infantilism of the trendy urban left and the “working men and women”. No wonder it’s not working because these peoples’ attitudes are polar opposites. The fact is LNP now represents the “working men and women” of Australia despite the constant kicking and screaming from the ALP that such support is biggotry, racism, sexism, denalism and many other -isms that became meaningless words…

And what good would making the ALP more democratic do? It would only strenthen the divide. Moreover “democracy” in ALP world would mean activists would get even more control of the party because they are ehhh.. more active. Therefore ALP would drift even further away from the “working men and women” and further towards the fringe.

ALP’s problem is not the lack of passion but the lack of mature thinking exemplified by its constant embrace of ill conceived fringe crusades driven by shallow and infintile thinking of organisations like GetUp and Australian Greens.