Friday, June 5, 2009

Fire Sale. . .how deep are we?

I'm sure we're in it up to our necks, although is wasn't too long ago that Bligh and Fraser along with the Labor Party machine were touting their management of this State's finances as an election winner and it worked too.

It's obvious now to all but the most ardent, blind labor faithful that the real reason for the early election is that they just wouldn't have been able to keep the dire financial position, in which over ten years of this Labor government has put us, where we owe over 10 million a day to service loans and our credit rating is the lowest of any State in Australia.

Both the Bligh and Rudd governments have been quick to tell us we're in recession, and that it is the global financial crisis that is to blame for running us into deficit at both state and federal levels, and even that has been proven to be a fallacy with recent figures showing that we have not succumbed to the global recession and that our banks are the healthiest in the world as is our economy and that all the talk led to the initial downturn and also that it was a deliberate tactic from the two Labor governments to disguise their poor performance.

Bligh is not content with turning over thousands of hectares to developers and risking the potential of having the blood of the demise of the SEQ Koala population on her hands, she has now announced that they will be selling off our assets, that's right actually reducing our collateral when prices are at rock bottom and they are likely to only get a fraction of their cost or true value.

They're also going to see Queensland motorists and consumers slugged with extra charges at the petrol bowser, and by down lining at the supermarket checkout, by cutting off the Queensland Fuel Subsidy which is about 8.38 cents per liter.

Other things in the list are;
Forestry Plantations Queensland
Port of Brisbane Shipping Terminal
Port of Brisbane motorway
Queensland Rail's Coal assets
Queensland Rail non passenger services assets


I find it really hard to believe that a government could fool the people into voting them back into office at an early election when they'd have to know that they have borrowed well beyond their capacity to repay in tough times and that their poor management has led to such drastic action.

1 comment:

Tim Badrick said...

In deep sheit, thats how deep
Uno. Buddy, i think what we are witnessing is the result of the Brigalow Corp finally coming to a tangible eventuation. Bligh is cocky and blase enough to tell us what the government `has` to sell off to get itself out of the financial rut it has dug itself into. Does anyone really think that
the government is not trying to scheme a way whereby state owned
public gazetted land is not being quietly set aside to be sold off to help the developer friends of the Labor Party. And what about the clandestine ULDA, the Urban Land Development Authority, they literally have been provided statutory powers which allows them to do what they want, when they want, and how they want. They are an unelected government unto themselves. Potentially, the ULDA could attempt, through some loophole created by the Brigalow Corporations enactment in 1992, to
somehow legally (according the statute law) make it a possibility that the state government could either (a) be able to sell off huge areas of greenfield space which is designated crown land for development or at the very least (b) be able to use crown land as colateral against the state governments borrowings from private companies and corporations.(b) is a certainty. (a) is a distinct possibility. You can bet your absolute bottom dollar that the state governments asset fire sale is not going to stay with the suspects that Bligh and dimwit Andrew Fraser have put up to date. Queensland has been run like a corporation ever since the leftist goons in the Labor Party through the first anti-constitution spanner in the works in 1994. No amount of power was ever good enough for some of these socialist thugs. Most people do not realise that essentially the government of Queensland in practical terms is a board of directors who are subordinate to the corporate powers that they have manipulated for their own self interest. You dont need a crystal ball to see that before too long we will be living inside the corporate bubble of a legislatively induced state owned company, we will not be living in the state of Queensland.
I am not a fan of the Tories, but give me them any day instead of these commo cowboys who have succeeded in tearing apart every piece of fabric that once held our aussie culture and principals together.