Monday, April 16, 2018

In which the pond joins assorted reptile business ventures ...


Why did the pond find this vastly amusing?

Well over the weekend, the bromancer published a major piece in the lizard Oz … peddling a certain solution to Australia's frigate problem …


It went on and on, which is why the pond didn't bother with it -  really the headline "Fincantieri Australia's best bet" made reading the rest of it redundant - and then after an interminable slog came the punch line ...


And if that wasn't enough from the guest scribbler, the reptiles were still wittering way today …


Oh yes, there's a lot of nice sweetening been going down …

It put the pond in a most excellent mood - there's nothing so nakedly shocking as nakedly obvious reptiles - and ready for a dose of Major Mitchell.

With the reptiles routinely locking up the Major behind the paywall, the pond has been seriously deprived, though the Major came to mind when the pond was standing amidst a horde of screeching, caterwauling corollas in Dumaresq Creek park in Armidale …


Now all this is typical stuff from the Major, the sort of dancing around the point to be expected from a climate denialist of the classic reptile kind, but then the pond was seriously distracted by a report in the L'Age, here

It seems the Major joined a couple of others on an advisory committee for a family-run company, to help it prepare for a possible supermarket listing …


Oh dear, the Major lost for words, or even a few corella squawks in the park …

Never mind, here's the rest of today's squawk …


And now important information for investors seeking marketplace advice ...


There's something astonishingly sublime in all this, though the pond can't imagine what it was… perhaps it was Peta Credlin berating Andy and Sol, when she and the onion muncher instructed Malware to fuck up the NBN in ways that will take years to unravel … if ever …

Last Friday Crikey ran a story by Michael Sainsbury (behind the paywall) which raised the spectre of 5G and ended this way:

It’s too early to judge what will really happen to the NBN, but Morrow could only ever work with what he was given: a shit sandwich that Turnbull and Switkowski created with the sole aim of palming off a mess handed to them by Peta Credlin. The rest, including the increasingly benighted NBN, is history; and so too will be the PM, if there is any justice for the Australian taxpayer.

And there was a comment of some interest below the fold:


And there you go, there's the real tragedy, because whatever one thinks of Mayne, he got one important thing wrong. 

It's way too late to take a fresh, long term look at the NBN, because it's fucked, and will continue to be fucked for the next decade, unless a significant amount of money is pissed against the wall unscrambling the broken eggs. Sometimes you can't even make an omelet from a total mess …

And that's why the pond won't buy a single thing, new or used, from the lizards of Oz …

But as the Donald was mentioned by the Major, why not picture the hapless parrot squatting on the copper wire with the tweeting pigeon, as noted by Rowe, and remembering there's always more Rowe to hand here 



3 comments:

  1. This is the kind of dishonest crap produced by Maj Mitch that we all admire:

    Mitch: "...Australia, which earns $80 billion a year as the biggest exporter of coal..."

    Compare with:

    Australian coal exports in 2016-2017 $54.3 Billion
    https://www.austrade.gov.au/News/Economic-analysis/australias-export-performance-in-fy2017

    And no, our exports didn't shoot up by $25.7 billion in the latter half of 2017.

    ReplyDelete
  2. Worse than that, GB, though just how much depends on what one means by "earns" here.

    We might export $80 (or $54) billion, but that is not what we earn. Firstly, a good chunk (90% in NSW, less, but still probably 75% in QLD) is foreign owned, so whoever is making money, its not Australia. If we say an average of 80% going overseas, that $54 billion is down to $11 billion.

    Looked at another way, the only useful earnings from coal, those which "Australia" can spend, are the royalties collected, in the range of $3.5 billion, and the company tax paid, which at a guess is in the same ballpark (probably a bit smaller). But then, subsidies also flow back to the coal industry, estimated at around $2-3 billion per year.

    So all up, Australia actually earns at most $4 billion a year from coal mining. Far from being capitalist superheroes, they are mostly a bunch of leaners.

    ReplyDelete
    Replies
    1. Now you're getting way too sophisticated for a bunch of reptiles that work for a foreign owned organisation that sends all its tax-free profits overseas. In a land in which significantly more than 50% of its stock exchange assets are foreign owned despite the fact that its accumulated superannuation funds could buy out the entire ASX nearly twice.

      But I do enjoy the way that reptiles have absolutely no concern for truth - or even just for a small fact or two - in their incessant ravings. I occasionally wonder though where they get their nonsense (eg $80 billion) from - does Maj Mitch just make these things up on the fly, or do the reptiles have a database of things they can spout in place of any accuracy or honesty ?

      Delete

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