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The Forum > Article Comments > Double Entry - a good account > Comments

Double Entry - a good account : Comments

By Bryan Kavanagh, published 6/1/2012

It's a six hundred year old system that keeps our civilisation running along.

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spindoc...continued...

...What the majority of the 65% dispossessed Australians need, is a double entry book keeping on a social scale: A type of book keeping which identifies the culprits of the contagion of poverty, and increasing dispossession in this country, and balances the social damage inflicted on the jobless by the actions of a “Capital Strike” as industry moves freely across boarders in search of tax breaks, slave wage rates and Government welfare, under the umbrella of “Free Trade” and Globalism: leaving behind them a bewildered populace, gazing into the empty spaces, where once industry dwelt, and feeling the pain of guilt inflicted by academic lies that “wage rates” are the problem alone, and if not for the greed of the workers, this would not have happened.

...A guilt extended by the implication that their unemployment is now a burden on the welfare budget (a budget which under PH’s logic, should be abandoned as a further incentive towards self-sufficiency and entrepreneurial economic opportunity for the individual, to come-aboard the great ”Capitalist flying machine”: A social bookkeeping system which “columns” liars and Political cheats, those which turn a blind eye to corporate crime that robs and dispossesses taxpayers of billions in “salvation” funding, handed out gleefully by a compliant “Political class” as payment for a “Ransom” to Goldman Sachs and a multitude of official “Capitalist thieves” aligned as banking corporations, directly at the epicentre of cause and effect of the most calamitous financial meltdown since the great depression. The Political Class now sneeringly proffering their Capitalist hero, Malcolm Turnbull, an ex-member of the inner circle of “Goldman Sachs”, the institution of financial manipulation and the leading edge of private enterprise American plunder, sitting side by side with the American military machine, to fine tune the financial robbery of sovereign states and their resources, with “Macro-Economic” precision.( Do not elect this “Traitor”).

...Over to you “spindoctor”, I could carry on with the truth forever, of the “Capitalist Lie” and the farce of “Democracy” but will rest my case!
Posted by diver dan, Sunday, 8 January 2012 10:33:47 AM
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diver dan, your spirited and somewhat vexatious attack capitalism and democracy seems to have come staight from section seven of the socialist handbook,as no balanced mind could have produced such a tirade off the cuff. If you live in Australia we would have to ask the question WHY?

Anyway, as you say, you "will rest your case" to which I would say, that would be really nice.
Posted by spindoc, Monday, 9 January 2012 12:20:47 PM
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Profit and loss accounting is usually undertaken to minimise tax; and reportedly costs the bottom line around 7% in compliance costs?
If I had my druthers; all that convoluted complexity, would be entirely jettisoned in favour of a simple expenditure tax?
Say 4.8% unavoidable and marginally variable to take into account a three speed economy?
Some book keeping and stock takes would still be needed; after all, we still need to understand where the profit is coming from; and, that's not beyond the ken of the average business person?
Someone may make a case for continuing complexity; and or, entirely unproductive parasitical behaviour; neither of which we need!
Posted by Rhrosty, Monday, 9 January 2012 5:09:46 PM
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Just thought I would add my wife's quotable quote of the day:
"You can fool everyone including yourself, but not your book-keeper."
Posted by Peter Hume, Monday, 9 January 2012 8:38:19 PM
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spindoc:


The connection between word and deed! Viz.,

Quote from OUG (above):

#...stop bailing out capitalists..for full values
tax em..for past crimes..colluding to bailout their mates
putting ever more burden on the people[living]..being raped by dead corperatised greed...#

#addendum#... and belligerent Corporations which in the normal order of (bookkeeping) events, would be declared "Bankrupt" - but for their Political connections!

I think the fight to restore "Democracy" to Australians is past overdue. Of course I am not alone in drawing that conclusion
Posted by diver dan, Tuesday, 10 January 2012 8:53:52 AM
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the rock...[peter]hume has hewn into word/quote..""If depletable natural resources..belong to future people,""

no they belong to all
by way of them being held in perpituity on trust of the 'unborn'..out of respect for those who died[the spirits of our ancestors...and the unborn...are the trust...we the trustees[living]..must serve..to the benifit of our trust

elders/the unborn...""then obviously those future people
could never consume them either,.."""

as those before us didnt

""but they..in turn must hold them..on trust
for still future people.""'

as well from respect to us then dead

""Such a theory amounts to asserting..that no-one may consume depletable natural resources,..ever.""

see the joke oh wise peter
nuthing leaves here...[ever]
not even our bodies

consumed is a deciete in envisioning the truth
nuthing is lost...in refining..making it better

we do the hard work
DUN*..the hardwork of building and finding it
now its a matter of passing it on...to those as yet unborn

untained...[cleanesd of the vile
that saw it value added]...wars weponry
allowed even stronger metals..their refining..when the guns became plough shares or high tensile spirings..taller buildings...higher bridges...deeper tunnels..

we dun it all
but by deciets..that now see the 1%...about to steal it all

their trusts
in which they hide...
must die

""Once we accept..that they may be consumed,
the question is how to balance..the interests of present,
as against the interests of future people..in consuming the same resource.""

clay is not consumed..in making a pot
LOOK AT EVERYTHING WE NOW HAVE GOT
but are fast costing ever more FIAT debt...to keep

FIAT OWNED BY A FEW....
for them alone..to print..as much of it..*as THEY chose!
Posted by one under god, Tuesday, 10 January 2012 10:00:55 AM
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