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The Forum > General Discussion > THERE'S A DEAD DOGMA IN THE MIDDLE OF THE ROAD

THERE'S A DEAD DOGMA IN THE MIDDLE OF THE ROAD

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"Then..whichever side get's in, aaah..you can then do some digging in the boards and share holders of bigggggGGGG corporations, and you will find they are aligned politically with one party or the other.. albeit on the quiet"

Absolutely correct! And especially watch who becomes "consultants" for the companies that were "bailed-out" and received billions, when their political careers come to an end. The politicians bailed-out their own futures, not ours, and they did it world-wide. The following G20 meeting was a farce, with no lessons learnt, but the status quo maintained.

Business is bigger than most governments, and certainly ours. In 1986, the 28th largest company in Japan could buy Australia lock, stock and barrel, 4 times over and be left with some chump change. People need to come to understand how BIG business is able to manipulate markets, workforces within industries across nations, to set their own political agendas. The mining industry currently is an excellent example, by withdrawing a little investment, affecting a few workers, and combined that with some advertising, and suddenly Rudd is usurped, and they save $20 billion per year. And put it this way...if I was in their position, that’s precisely what I would do too! Admittedly, Rudd was politically naive to make such an announcement 3 months prior to an election, and has to wear some of the responsibility of his own demise. But how long did it take them to usurp him? From the time of the initial announcement, it was only a matter of a few weeks.

There's a much bigger picture that we all must come to better understand, to have any hope of proper government, and what our expectations of government are or should be. But dogma is dead and only exists as political gain-say and facade. The world is ruled by business and banking, and because they cross all nations, are bigger than any one nation. This is a reality we collectively must better understand and appreciate.

Maybe I should say, all of the old dogma is dead, and we're on the verge of creating new dogma.
Posted by MindlessCruelty, Thursday, 9 September 2010 10:22:51 AM
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@ALL, I like your style of cynicism;

“With just a thin veneer of populist Demagogue, That Ideological Subversive Cyanide tablet with a thin veneer of an M&M coating tastes lovely to them ;
So we have to take a long term approach then. The Despotic public want socialism and Neo Tyrannical Autocracy , then let them have it.”

Well put. They have it, but I would say it’s currently an issue of social reforms incompetence versus tyrannical incompetence.

“You can not help someone who can not help themselves , so we have to love democracy.”

That’s a gem! I’ll use that one, myself. :-) :-)
Posted by MindlessCruelty, Thursday, 9 September 2010 10:47:00 AM
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MindlessCruelty:>> The world is ruled by business and banking, and because they cross all nations, are bigger than any one nation.<<

MC, a mate of mine drew my attention to the exchange rate of the Aussie dollar during the Billiton takeover of B.H.P. We looked up the exchange rate for the 18 months previous to the take over and the 18 months subsequent to the take over and if you graphed it the outcome would be the Sydney Habour Bridge turned upside down, with the lowest point being the day the deal was done. They manipulated the economy for the purchase and screwed shareholders and all other business' importing at that time. I agree with your synopsis, we control nothing the nation controls nothing the IMF, World Bank and the Club of Rome run everything.
Posted by sonofgloin, Thursday, 9 September 2010 11:15:54 AM
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'I take a different perspective mate. It's not the gun which kills..but the finger which pulls the trigger.'

And yet Al, you still support a completely unregulated market. What happens when the fingers pull the trigger - we just all have to grin and bear it.

Good post MindlessCruelty and I agree about the need for some new dogma or at least revisit some old dogma and modify it a bit (or something like that).

The reason why governments harp on about economic management is to detract from any other possible reforms and it is about perception of economic managment rather than the reality.

And I agree with Al on this, the economic management rhetoric is pushed out to win elections and we all sit back and nod like sock puppets at how Howard was a good economic manager but never ask why nothing was spent on actually improving infrastructure, hospitals or on other reforms so taxpayers actually got value for money. Not arguing Labor did much better on this front just highlighting the mantra about Howard economic managing mania.
Posted by pelican, Thursday, 9 September 2010 12:10:40 PM
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@sonofgloin, then I commend you and your mate on your insights and perceptions, for he's the only other one I've heard notice the parallel.

He may have drawn your attention to the fact that the Aussie dollar usually sits around the low 70's to low 80 cents in the US dollar, and that its manipulation down to something in the vicinity of 48.7 cents US, Billiton must have saved about 20-30 billion dollars in the deal, and then seen their investment grow over the next couple of years, back to its true value...another 20-30 billion dollars. Just on exchange rates alone!! They paid about 60 billion, and that's about what they both saved and made over the 4 year period by just manipulating the markets down slowly prior, and then back up slowly after the deal was done. Now THAT'S how to do business! We'll own the country's largest company on exchange rates over time.

(For the innumerate...buying BHP when the currency value was say 80 cents US, would have cost them nearly double the $60 billion they paid @ 48.7 cents US. But I believe it came down from the low 70', so they probably saved in the high 20's of billions of dollars)

There are not just giants out there, but monsters of companies and conglomerates that know no national boundaries nor therefore, alliances. It's just business.
Posted by MindlessCruelty, Thursday, 9 September 2010 12:42:44 PM
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ALGOREisRICH,
"I take a different perspective mate. It's not the gun which kills..but the finger which pulls the trigger."
Fair enough if we were not so greedy the free market would work just fine as the gun is an excellent tool, the problem comes when idiots get hold of one.
I have come to the conclusion that the problem is not the governments but the fools who elect them. The drive for more and more has totally distracted us from the concepts of sustainable economics, environment and society.
The only thing i am sure of is that we will be levelled as all the other civilisations of history have and we will suffer as all those biblical kings did. It may not happen in my life time but it will happen. Then again, isn't that what most of them are betting on.
Posted by nairbe, Thursday, 9 September 2010 5:43:53 PM
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