Banjo

I was aware of the issues you raised but thanks for the heads-up anyway. Whilst the major snout parties are happily schmoozing, I suspect Big Clive & Mad Dog Madigan at least are compiling a list to to be publicized at a suitable time. Moral of the story is that both the ALP & LNP are equally culpable, one is as bad as the other. I've heard from a quite reliable source that the red-headed witch & the RAbbott have been seen together multiple times over the past few weeks, one can only assume whatever they were discussing was to their benefit rather than the peoples. The half-billion dollar slush-fund has yet to draw as much as a squeak from RAbbott & Co .... ahhhh, the wonders of bipartianship !!

I really think that "Atlas Shrugged" by Ayn Rand should be 'proscribed reading' for all senior school students if only for them to see "what can happen will happen". Socialist welfare policy destroys productivity in turn destroys the economic fundamentality in the long run. Economic rationality restore the balance through nothing but honest hard work by all that are capable.
You cannot waste all the water in the dam and expect the stock to survive when it doesn't rain.

chrisgaff1000 - "Atlas Shrugged" by Ayn Rand should be 'proscribed reading' for all senior school students

Presumably you meant 'PREscribed ??

I believe its probably too late for 'Economic rationality' to stave off the inevitable financial crash. There are just too few parasitic snouts controlling too large a percentage of the money, and too many sheeple on the breadline. The 'real' unemployment rate is undoubtedly closer to 15% (and climbing) than the claimed 5% or whatever. The typical job advert gets 500 - 600 enquiries in the first few hours and that will escalate when the dying duck terminates a few hundred thousand federal public servants, and again if / when the RAbbott does his thing. Neither the ALP nor the LNP have the will to make meaningful changes,in fact they both propose squandering yet more money on the already moribund motor industry. Possibly a Palmer win would delay the day of reckoning a bit by encouraging sustainable local industry, but even then I can't see any possibility of preventing the come-uppance. The good side of a crash is that it will spell the end for bloodsucking parasites, legal leeches, avaricious CEOs, banksters, boat-people and other assorted snouts

Praxidice,
Thank you for your correction. I am only a humble copper so english (spelling) has no real meaning in my briefs because there is always the DPP to correct as it prosecutes.

PS, My thoughts and belief that Australia has yet to see the full impact of the GFC still remain strong

Chris said;
the full impact of the GFC still remain strong

I think you are right it will continue for a long while.
I suspect that it will be a gradual slow down indefinably and is
really an era of zero growth which is likely to be permanent.
Indeed there will be an era of contraction to be undertaken.

Some say there will be an economic collapse, but hopefully with
organisations like the Transition Town Movement it can be a smooth
transition and the transition to a happier lifestyle.
It will require many changes in outlook and adaption to our working lives.

So, not being too pessimistic I think we can come out the other end
of all this energy transition in quite good shape.