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The Forum > Article Comments > Is imperialism a new passion for the left? > Comments

Is imperialism a new passion for the left? : Comments

By Russell Grenning, published 16/2/2018

UK Green Party spokesperson Carline Lucas called it an 'absolute scandal' that Britain was not willing to enforce LGBT ideals on another nation.

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Who cares where Bermuda is, and how the hell did Donald Trump get in on the act. A lot of pish about anything but the subject, as usual.
Posted by ttbn, Saturday, 17 February 2018 9:32:44 AM
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There's diversity of views on the left!

Most illogical, irrational or unsound?

Most obvious was an extreme left wing green pollie, stating we could finance anything, including massive wages growth by simply printing money! Quote, unquote.

That said, one can use the printing presses to finance certain projects/infrastructure. Which must have intrinsic, inherent, appreciating value.

Like a dual lane inland shipping canal regularly dotted with power stations, desal plants. That would also function as extremely reliable sources of permanent water.

We'll say for purpose of exercise, the build cost was in vicinity of 50 billion. Much of which would be quite onerous cost of fuel!

However, if we could deploy thorium as our fuel, those costs more than halved.

Shipping would pay quite handsomely for sizeable shortcuts/fuel savings, relatively safe passage along with rapid turnaround. Given deionization dialysis desalination was incorporated and the sheer volume of endless potable water that'd create and in our dry arid heartland.

The potential economic advantages we'd gain would be enormous and forever.

You see, we'd virtually print money to create an appreciating income earning asset then use the value inherent in the finished project/asset to cancel the debt in the ledger.

It's bookkeeping, but only able to be used to create income earning assets and keeps them out of foreign, tax avoiding, price gouging, profit repatriating hands!

Even so, some privatisation might be desirable if only to keep the British disease from contaminating our most valuable assets and here I'm in favour of employee co-ops being encouraged, with government assistance/facilitation. To take a positions in the enterprise, as harbour control stewards, operating and maintaining lock gates and collecting shipping/docking fees; or water and or, energy reticulators competing for custom etc/etc.

And no reason why many of them couldn't be professionally mentored indigenous enterprise!

In any event, we have a two trillion plus super fund to back the creation of quite massive credit instruments.

So, quite conventional financing (money creation) used by the banking fraternity, with complete impunity, every day!
Alan B.
Posted by Alan B., Saturday, 17 February 2018 10:13:03 AM
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The Greens are an alternative political belief system. They have their own tenets and are a necessary part of society. Society demands different viewpoints otherwise it risks becoming a stale, conformist cohort. You could compare politics with sport where a vast range of games exist, each with their own rules and nature. How boring it would be if everyone played exactly the same game! Some posters criticise the ABC for being left wing. This is possibly because the ABC is actually far more centralist than many other news organisations. Sure - just as in any organisation, there will be differences in how individuals express that group's expressions. But it can offer facts which others may wish to suppress, or diminish in importance. Its editorial policy keeps it attitudinally neutral, thus it is believed, trusted and relied upon factually by the majority of information-seeking Australians.
Posted by Ponder, Sunday, 18 February 2018 7:40:04 AM
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When Lance Hancock discovered mountains of the world's purest iron ore in the Pilbara. He approached numerous Australian governments for financial assistance to get an iron ore industry established.

His claims of mountains of iron ore so pure great chunks of it could be welded together, were met with wry smiles and a (don't con the con) wink and a nod. And lots of you don't say, unbelievable.

His last port of call being a reported meeting with Sir Joh, who looked blank and told him that's one for W.A., or Canberra?

Eventually when he'd exhausted his Australian options, he tried offshore and Rio Tinto. Who bought his lease? And agreed to a generous royalty?

They duly arrived with a letter of credit from Chase Manhattan that unlocked substantial Australian credit, which paid for both mine machinery and miners/expertise, most of it local and so on, until the operation went into the black?

None of the oh so generous with their virtually unlimited credit, Australian banks were aware that at the time they were paying all Rio Tinto's bills, Chase Manhattan was allegedly trading while insolvent?

Meaning the highly valued letter of credit was virtually worthless, unless you included, outhouse usage. 11th hour oil finds in Mexico, which Chase Manhattan had invested heavily in, rescued Chase Manhattan's bacon?

So, in effect we created all the money that financed our multi billion dollar iron ore industry into being from nothing!

And had we done just as we did, but excluding both Chase Manhattan and Rio Tinto. We could have had the same iron ore industry exporting the world's purest iron ore to the world. Except the billions in repatriated profits and systematically avoided tax would have remained here, beavering away in our economy.

And not too different from financing with the already alluded to social credit, any highly profitable, income earning project we want, if only we had the balls to risk something relatively minimal to create it! Instead we look for some foreign to screw us!
Alan B.
Posted by Alan B., Sunday, 18 February 2018 10:38:35 AM
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The left are a danger to society and need to be eradicated.
- Legitimising and Promoting Mental Illness -
http://newyork.cbslocal.com/2018/02/13/best-friend-ban/
Posted by Armchair Critic, Sunday, 18 February 2018 11:30:25 AM
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I've read where there's no longer a left and right in politics, just up or down, good or bad policy!

Without question the looney tunes seem to be mostly to the extreme left of centre? Just not all of them. Some coming from the extreme, divide and rule, right. And use misappropriated, in a scam as old as time, nationalism, to further their political prospects or rule!

What we really need to actually exterminate is extremism, callous indifference and attendant created poverty in all its forms and guises! And if for no other reason than quite massive self interest!

When any part of our nation is living below the poverty line or is impoverished we are all poorer for it! And an economic truism!
Alan B.
Posted by Alan B., Sunday, 18 February 2018 4:06:46 PM
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