Sunday, July 26, 2009

Rudd, showing how he loves China again.

My view of the Australian financial situation differs greatly from that purported by our PM Kevin 07, in that I don't really believe we had to go into recession nor did we need to talk down the business confidence or the value of currency.

Our major Banks were not exposed in a big way to the world economic meltdown and continue to make huge profits despite following the worlds pull back of business lending and even home loans, for which in my opinion there was no need.

Our unemployment rate had not taken any significant dive , and job prospects although lower were still greater than the number of job seekers.

And then they announced that we were in recession and that people needed to stock up on groceries and that there would be mortgage repayment holidays and the stimulus packages, wow, we suddenly stopped buying, borrowing, going out, driving or anything else that cost money and that meant that retailers were not ordering and in turn manufacturers were not needing to make things, shit, we are in recession.

OK, to actually get to my point, Rudd has said that we should not buy Australian made, in fact we should avoid it at all costs.

Why?

You may laugh, but here's what he said;
"We need to avoid any form of protectionist measure which invites retaliatory protectionist measures," he told reporters today.

The mistake of the Great Depression was that governments believed the way to get through was to close their national borders to imports.

"We're not about to repeat those mistakes here."


Talk about comparing cabbages with persimmons, honestly does he think there is any similarity between a country with a very low population, between wars, and with a rudimentary economy based on wool and wheat is anything like what we have grown into.

Really if we don't help ourselves, the Chinese with the money will help themselves to our country, and just maybe that is part of Rudd's agenda. Kevin 07 seems to be the best ambassador for sell it to China and buy it back again ten times the price since Pig Iron Bob Menzies had his crush on Japan.

Does Rudd really think that by turning Australia into a marketplace for China and giving away jobs here is any kind of answer? and Just where does he think the people will get the money from to buy all the Chinese stuff when we're all out of work, and who does he think will be paying all the tax that has allowed Kevin 07 to jet around the world?

Think again Kevin, the unions don't like your ideas and anyone with kids will be wondering where they are going to get a job when all we have is retail.

Kevin 07 has run out of ideas and, I think, time.

Saturday, July 25, 2009

AEC changing boundaries, what's in a name?

A name for a new electorate has been proposed and with valid reasons, the electorate of Wright was thought to be named after the Australian poet and social and environmental activist Judith Wright, however locally this name will more than likely be associated with the ex Labor politician and convicted criminal Keith Wright.

It is of course the fact that Mr Wright was a figure in the local area being a teacher and headmaster of schools in the area where the new electorate is to be proposed.

Unfortunately it is his abominable crimes that make this choice of name unsavoury for this area, because even though he has served his time and been released he has not gone away and his victims are still serving a life sentence from the atrocious and perverse acts he perpetrated upon them.

On a Tangent of sorts, there are commentators who are claiming a demographic of voters which will give the new seat a lean toward the conservatives by more than a few percent will favour any candidates from the Nationals or Liberals should they field one and that with a backlash from the Labor State and Federal governments it is a distinct possibility that this will be a conservative seat in it's initial term.

That begs the question, who will be the candidate in Queensland, will it be a Liberal? a National? or will it be one of the recently configured LNP?

I think we already know one person who will be putting their hand up and shouting from the roof tops that they are the best candidate, A person who has not worked in a real job, does not have years of business experience, has no life experience and does not really have a normal lifestyle in my opinion.

One candidate who dumped a council division, while continuing to take the pay for it, and ran at the last federal elections, failing dismally even though it is thought that the publicity budget would have been many times what was spent by both the major rivals from Labor and Liberal will probably dump the council division again to run for this new seat expecting to get preselection it seems.

I don't know how the people of that division will take being dumped a second time, I personally would be outraged!

Friday, July 24, 2009

Cheap Chinese Cars - what's the catch?

Since Rudd was outed for getting use of a ute provided by his then mate and neighbour, for free, which he denied was his at first until his mate told media that it was, and then denied that he'd given any favourable treatment in return for that ute or even that the treasurer had done anything either, the question has arisen about how that used car dealer has become the local dealership for the "Great Wall" line of motor vehicles in this country.

See, it's not as easy at hiring a bikini girl to wash them in the car yard and then flog them off to buyers off the street, not by a long shot.

New cars are shipped needing the final detailing, some small fitments done and all the local regulations and compliance done as well plus there is the after sales service, repairs, breakdowns, and warranty things too.

You expect someone to have to invest a considerable amount in a business that is going to be the local dealership for a new line of cars and that is why in most cases dealerships are offered to existing dealers who already have facilities in place, the office structure, financial capability and contacts along with a sound background and sustainable business plan for the new line.

So I ask the question, "In this day and age where we expect a dealer to be all of the above, how does a used car yard owner get the licence to sell a line of new card as the local dealer?"


There is an even greater issue here. one that has plagued Australian car manufacturers for several decades, how do we produce cars here with cheaper, subsidised imports taking from the small market we already have?

You may remember back in the late 70's when Holden was going broke (as usual)and had to be bailed out by the tax payer (yet again) and the plan was that to allow a reasonable market share for profitability on of the big car manufacturers had to go ; Chrysler had to go.

But it wasn't too long before a good mate of the then PM was importing Hyundai's and other cheap little cars from Asia flooding the local market, and all that really happened was that those cheap nasty cars eventually sold , and jobs at local car makers and the suppliers to the industry dried up while the Asian factories got bigger and bigger.

Now we're seeing it all happen again, Holden has just about gone to the wall(well it has in the US, with GM having to be bailed out big time by the Taxpayers) and suddenly a friend of the PM is going to import some cheap Overseas cars, and presumably more local jobs will go in the car industry and those supplying to it.

I ask the Question, apart from people who want a cheap car, and of course Rudd's mate, how does Australia benefit from dumping jobs here to bring in cheap rubbish from Overseas?