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Friday 24 April 2015

Friar Tuck, The Robbing Hood and Barnie Rubble

Tim Dunlop

And Again

GoooooooTimDunlop

Tim Dunlop for PM now.

I'll print the bumper stickers, you start the campaign.

    "on the way to becoming a police state"?

Depending on debatable definitions we may already be living on a police state.

This incompetent government will eventually pass, but unfortunately we must keep our cringe meter to the fore and tolerate these buffoons for now. Friar Tuck, The Robbing Hood, and now Barnie Rubble and his mining mates will continue to make a mess of everything, stealing the common good, and enriching the already rich, but there will be an eventual reckoning with the electorate, and a change of government, where hopefully a capable operator is installed.

We in the West were hoodwinked into electing Barnie Rubble, bequeathing  him a state debt of three billion dollars in the midst of the most spectacular mining boom yet seen. After six and a half years the boom has turned to bust - as all booms eventually do - and the state debt has been ramped up to $ 30 BILLION. Yes folks that is a tenfold increase of the state debt in the space of 6 & 1/2 years. Six and a half of the richest years in the state's history, with royalties and revenues through the roof, and the mining companies ripping out and exporting untold riches which are gone for ever, these caricatures managed to debase the state's credit rating, increase the state debt tenfold and also actively prevent all of us from ever seeing a red cent for all of the riches-now-gone-for-ever, by preventing a tax being imposed on the mining companies.

It is economic common sense that you save during the good times, putting some money away in expectation of the turning. The Times have now turned Barnie and you manage the situation by crawling, cap in hand, to Canberra, with the other hand out in supplication begging for more revenue to squander.

Once the political times turn who ever wins will be hamstrung to implement any policy by the extreme scarcity of capital with which to do so. The choice will be to wait and save up for it, or acquire more debt with which to implement the policies in their first term.

The behaviour of these non-governments borders on criminal negligence and our system is set up to reward them for it.

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