Cont...

You said;
“Your position is untenable because it relies on your ideology to solve the problem, mine does not. All we need is democracy, the will of the people and the legal institutions we have created to deal with fraudsters.”

Although not mentioned by Abbott, at least as far as I know, one of the prime themes at Davos this year was combating rising inequity citing it as the second greatest risk to continuing global recovery. We need the will of our government to recognise the issue then be prepared to explore ways of correcting it. There is no signs of that happening.

Finally to your fraudsters, Thompson deserves to do jail time but his impact was minimal compared to what the rogues at places like JP Morgan and Chase inflicted not only in the world markets but here in Australia where even our councils were reemed millions of dollars because of the illegal dealings of these institutions. The number of hedge fund managers doing jail time over the GFC? None.

The reason why? The money these organisations pump into the political system in the States is substantial. Surely political donations would be an area to focus on if we wanted to protect the fairness of our distribution programs.

Hi Steelie,

Likewise, so good to hear from you, or at least via you. (Channeling the opinion of others)

I’m curious as to why you don’t have an opinion of your own? Huffington Post? Davos?

When are you going to formulate or express your OWN opinion?

You said << What you call “progressive ideology vs. democracy and capitalism” I call supporting an Australian ethic of fairness.>> really? Is this my comment or yours?

I said << “Your position is untenable because it relies on your ideology to solve the problem, mine does not. All we need is democracy, the will of the people and the legal institutions we have created to deal with fraudsters.” >>.

And you said Davos?

Is this a misdirection or just a miss direction?

There are a few omissions from your list of acknowledgements. Thompson is noted, what about Williamson, Obeid, Wilson, Gillard, Shorten, Roxon, Judge Murphy, Slater and Gordon, FWA’s Nassios etc, etc. Did these just “slip” off your list of distractions? To which you offered Thompson deserves to do goal time? But not the other fraudsters?

To take your hyper-comments to hyper extremes, your hyper-misdirection’s are an example of hyper-Unicorns based upon hyper value/moral judgments of hyper-noncritical nonsense.

Accordingly, if we strip out the nonsense padding you have inserted in your response, we end up with nothing? Entirely predictable if you don’t have your own opinion.

Where is your opinion Steelie

Dear spindoc,

What on earth are you on about mate?

There was no opinion offered in my quote from Huffington Post just a summary of the publication Credit Suisse Global Wealth Databook.

The opinion offered below that quote was mine. As always I placed the source link directly under the material I am quoting from and use “ and “ to delineate what is being quoted to my own words. This is standard practice but if it is something you are not across I can see where misreadings might occur.

I flagged Davos because all the countries mentioned are democracies supposedly expressing the will of the people and with well developed legal institutions but virtually all of them agreed something needed to be done at a policy level to combat growing inequalities within their own countries. The obviously would not agree with your 'hands off' approach and of course neither do I.

But I suspect all this beating the drums about my opinion is because I directly asked you for yours yet did not receive an answer therefore I will bring you back to it.

Do you want this for our country? A growing divide between the rich and poor? More people in prisons to deal with the civil unrest that would accompany this move to greater inequality?

If you do perhaps I can offer you some cabin space with Hasbeen, I hear America is quite lovely this time of the year.

Do I get an answer or more bombastic froth?

IRS...Makes..Bitcoin Rules Simple..for Wall Street,
Impossible..for Everyday Users

http://www.thedailysheeple.com/irs-makes-bitcoin-rules-simple-for-wall-street-impossible-for-everyday-users_032014

The IRS..just issued tax guidance...for bitcoin and other virtual currencies...They classify bitcoins..as property,..instead of a currency,..where tax rules..of stocks..and barter will apply.[leasing optional/intellectual-property rights]..

It seems,..as always,..that Wall Street wins and people lose.

It essentially means Wall Street..has a new asset class..to exploit at low capital gains rates,..and retail businesses...get the benefit of low transaction fees of the Bitcoin payment system without extra accounting;..but everyday people..who use it as a currency..*must report*..every single transaction..for tax collection.

invasion/dividend
http://www.bbc.com/news/business-26758788

Ukraine's interim government..says it will raise..gas prices for domestic consumers..by 50% in an effort to secure..an International Monetary Fund (IMF)..aid package...[THEY UNDERWROTE/WITH Ukraines looted gold-reserve]..traded..for Euro/debt paper]

An official at Ukraine's..Naftogaz state energy company..said the price rise would come in on 1 May,..and further rises would be scheduled..until 2018.

Ukrainians are accustomed..to buying gas..at heavily..subsidized rates...But the IMF..has made subsidy reform..a condition of its deal..plus/of course..selling-off..public/utilities.

LEAST WE FORGET..THE UKRAINE COUP..WAS WHERE THEY REPLACED AN ELECTED[BUT CORRUPT]..OLIGARCH..WITH AN IMF BANKER..NARC

TO SUM UP...THE Works OF THE SCUM..IS NON STOP
http://rinf.com/alt-news/breaking-news/russian-officials-dump-ipads-spy-fears/
http://xrepublic.tv/node/8143

http://www.blacklistednews.com/The_US_Is_Now_Spending_26%25_Of_Available_Tax_Revenue_To_Pay_Interest/34030/0/0/0/Y/M.html

http://rinf.com/alt-news/latest-news/apple-google-microsoft-nfl-suicide-greed/

http://www.thedailysheeple.com/the-anatomy-of-panic-how-a-rumor-mutated-into-a-three-day-chinese-bank-run_032014

[AS LONG AS IT..GOES BACK..into banks..it wont CAUSE INFLATION
TILL WE BEGIN SPENDING IT/THEN COMES HYPERINFLATION..THAT DRIves down..its buying cost[ie steals..from aLL..OF US/THE MONETARY VAlue..of money]..ups interest/prices..

especially note..'friendly societies[that got sent broke..
cause the bankers cant own..them/BIG STORY JUST THERE..ON HOW THE FED PROTECTS..THE MASTERS BANKING SYSTEM..VERSIS The peoples money system..[SOCIETIES]...only one doing the right thing..only one sacred/PROTECTED..cause the few own all of them.

but even THEN..there the exchange rates are rigged
they straddle share trades both sides/the winnings GO TO ONE TRADER..THE LOOSING TO A set up stooge..win win[UNLESS YA The stooge]
http://whatreallyhappened.com/node

PUTum cant lose..or the people loose
and the dead corporations win/the dead sukked.the life blood from the living..[again]..ONE QUATER..THE TAXES WE RAise...go directly on intrest.

govt needs take back money creation
THE BANKS WENT BROKE/THEN..SENT GOVT BROKE BAILING out..The scum

[dead corporate scum]..that reap the cream..off the top..from the low life serfs..aT THE BASE..who's life blood makes the financial system..go around..apparent Movement..but going nowhere
http://www.thedailysheeple.com/this-common-core-math-problem-asks-kids-to-write-the-friendly-answer-instead-of-the-correct-one_032014

and..then those..defending govt..spin/offending

Hi SteeleRedux,

Firstly to your question.

<< Do you want this for our country? A growing divide between the rich and poor? More people in prisons to deal with the civil unrest that would accompany this move to greater inequality? >>

This is a classic “when did you stop beating your wife?” question. The answer is of course no, like most sane I humans do not wish to see any of these things. By the same token I do not subscribe to the socialist solution of wealth redistribution that you tried to elicit from the answer.

You used the “Credit Suisse Global Wealth Databook” to make your point about wealth concentration. This publication shows a comparative analysis of the top twenty developed nations

Like the author Eric Zueese, you totally misrepresent accrued personal wealth and try to correlate this with the national wealth factors of GDP, the economy or investment. You did this to make your case based upon envy for the classic socialist wealth re-distribution myth.

You can insist as long as you like that this is all your own opinion however, this is not true is it? You liked the article, it impressed you, it agreed with your socialist dogma, so you adopted it.

It is very convenient for socialism to forget that the accrued wealth of investors drives economic development. Without such investment there would be no economy. But that won’t stop you trying to get your grubby hands on other peoples money will it?

It serves little purpose for you to ask for opinion “on what this says about democracy in a capitalistic society?” and then when challenged, you deny the terminology you used and rephrase it to be the “Australian ethic of fairness”.

Slippery comes to mind.

Dear spindoc,

“socialist solution of wealth redistribution ... wealth concentration … envy for the classic socialist wealth re-distribution myth … your socialist dogma … you trying to get your grubby hands on other peoples money”

Now you are starting to sound like UOG.

Where on earth do you come up with all this drivel?

So calling for a fairer slice for ordinary Australians of the minerals owned by all Australians is a socialist redistribution plot?

Gina buys up media interests then places her little sock puppet Bolt in prime time and Clive purchases his own political party and the mining tax gets trashed and you think that is okay?

Now we can add spindoc to their list of loyal spruikers.

This is why the scenario of the bushrangers is so intriguing. The Ginas, Clives, and Twiggys don't even have to offer the lowest on the pecking order anything in order to retain their preferred distribution scheme. Just grab a seat on a few media boards, put in a bloke like Bolt to be their mouth piece and the likes of spindoc (LC) are covered, don't have to give them anything just spin them a good yarn and they are in the bag. Snaffle the balance of power with a off the shelf political party and that covers the second bushranger (LP).

And you dance around and think its the best thing since sliced bread.

You sir are a mug.