Tragic.
The reptiles have finally jumped the shark and nuked the tabloid fridge, with an effort which makes the average front page of the Terror seem like a Warholian work of art … and after turning off all the folk at airport terminals looking for a free tree-killer read, they replicated the folly in the digital lizard Oz …
The reptiles have finally jumped the shark and nuked the tabloid fridge, with an effort which makes the average front page of the Terror seem like a Warholian work of art … and after turning off all the folk at airport terminals looking for a free tree-killer read, they replicated the folly in the digital lizard Oz …
The poor old bouffant one was assigned the duty of writing the government's official reply to comrade Bill, with Dame Groan chipping in, glowering out at the world like some mad aunt who'd resented being dragged down from the attic.
The problem, it goes without saying, lies with the cartoon, which contains the sort of glib caricature and crude drafting that became part of the Leakian legend …
You can't begin to sound serious with that sort of obvious politicking.
It's so low rent, so naked and obvious and so misguided that the pond feared for the reptile business plan …because the ploy felt so desperate.
The pond has no time for comrade Bill, but didn't the reptiles understand anything about Robin Hood? He's meant to be a folk hero, you useless doofuses … why even our very own Rusty played the noble thief, and while it was a useless movie, at least Ridley Scott understood Robin was ostensibly the hero (why pick Rusty then?), and assigned the task of playing the villain to assorted rich barons and the Sheriff of Nottingham …
It's so low rent, so naked and obvious and so misguided that the pond feared for the reptile business plan …because the ploy felt so desperate.
The pond has no time for comrade Bill, but didn't the reptiles understand anything about Robin Hood? He's meant to be a folk hero, you useless doofuses … why even our very own Rusty played the noble thief, and while it was a useless movie, at least Ridley Scott understood Robin was ostensibly the hero (why pick Rusty then?), and assigned the task of playing the villain to assorted rich barons and the Sheriff of Nottingham …
It fair ruined the start to the pond's Friday, it did, so in a petulant fit of the sulks, the pond reverted to the savvy Savva of yesterday … she was sure to be full of saucy doubts and fears, and be inclined to much brooding ...
Well yes, it was spinful, there was no actual surplus and that helps explain why the reptiles led with that wretched cartoon this day.
The pond understands that the onerous duties of Pravda down under reporters never end, but robbing the rich isn't a patch on robbing the surplus …
The pond understands that the onerous duties of Pravda down under reporters never end, but robbing the rich isn't a patch on robbing the surplus …
But enough of the budget. The pond is in ABTB, anything but the budget, mode. The poodle has left in tears, things fall apart, the centre will not hold, chaos is unleashed, and the surplus is but a butterfly dreaming …
Ah never mind the backflip and the spinning on a dime …
...speaking of climate scare campaigns, which reptile let this one through, an import from the "agencies"?
...speaking of climate scare campaigns, which reptile let this one through, an import from the "agencies"?
The "agencies"? Apparently they haven't swallowed the reptile kool aid, but there's a lazy acquirer of stories at the lizard Oz who's treading on dangerous climate denialist ground … there's filler, and then there's heresy ...
And in turn that reminded the pond of a disappearing Louisiana, a nicely observed story by Elizabeth Kolbert for The New Yorker, luckily outside the paywall for the moment, lengthy but actually worth the read - unlike anything the reptiles produce - and inter alia, building to this …(spoiler alert):
And in turn that reminded the pond of a disappearing Louisiana, a nicely observed story by Elizabeth Kolbert for The New Yorker, luckily outside the paywall for the moment, lengthy but actually worth the read - unlike anything the reptiles produce - and inter alia, building to this …(spoiler alert):
Atmospheric warming, ocean warming, ocean acidification, sea-level rise, deglaciation, desertification, eutrophication—these are just some of the byproducts of our species’ success. Such is the pace of what is blandly labelled “global change” that there are only a handful of comparable examples in Earth’s history, the most recent being the asteroid impact that ended the reign of the dinosaurs, sixty-six million years ago. Humans are producing no-analogue climates, no-analogue ecosystems, a whole no-analogue future. At this point, it might be prudent to scale back our commitments and reduce our impacts. But there are so many of us—nearly eight billion—and we are stepped in so far, return seems impracticable.
And so we face a no-analogue predicament. If there is to be an answer to the problem of control, it’s going to be more control. Only now what’s to be managed is not a nature that exists—or is imagined to exist—apart from the human. Instead, the new effort begins with a planet remade, and spirals back on itself—not so much the control of nature as the control of (the control of) nature. A Mississippi that’s been harnessed, straightened, regularized, and shackled can still exert a godlike force; it’s no longer exactly a river, though. It’s hard to say who, these days, occupies Mt. Olympus, if anyone.
Now there's a climate scare, and funnily enough, it doesn't involve a crude cartoon about comrade Bill, it involves a disappearing Louisiana … and so to the final savvy Savva gobbet ...
Poor old reptiles … even the Kudelka of the day could afford a joke about the bake-off …
And so, reluctantly, to the official government response to comrade Bill's budget speech … as provided by the bouffant one …
Dear sweet long absent lord, that's not the tone that the pond expected from a dutiful Pravda down under scribbler. There's far too much talk of comrade Bill's archery skills, and perhaps that's why the bouffant one felt the need to cut it short. No long ramble, nattering "Ned" style from him … just do it, and get off the stage quickly, exeunt far right ...
The bottom line? There's a serious mis-match between the bouffant one and that wretched, tone-lowering cartoon, which suggests there's something wrong with the larrikin attitude to Robin Hood …
And so to a story about the reptiles' chief love, which the reptiles have been pushing for a couple of days as an EXCLUSIVE …
They never give up, these the black knights of coal … take it away lesser Kelly and cohort …
So the savvy Savva was right. They do want to mount a climate science scare campaign from their bunkers in the deep north …
By the way, hasn't Rowe been strange lately?
More strangeness here, because there's no chance you'll see a Rowe cartoon top of the page in the lizard Oz …
Now back to the cold, clammy coal fear ...
And so, just when loyalty, strength, staying true is required …
… what do we get, but fudging and hesitation, saucy doubts and fears, and perhaps a realisation that coal isn't such a big seller outside the deep north?
What a pretty mess, what a wicked pickle the reptiles and their love of coal has produced for the coal-ition …
It sets the tone for the Pope of the day, with more infallibility to hand here …
And in honour of Dame Slap yesterday, here's a joke for Brexiteers …
Thanks for the New Yorker link. The map about half way through says more than any number of words. Even if you are above the highest tide you still have to allow for flooding and storm surge. High value property is often in waterfront location and you have to follow logically through the effects on infrastructure such as roads and telecommunications.
ReplyDeleteThis link lets you play with flood levels in an area you might be interested in.
http://coastalrisk.com.au/#
Use the manual tab to see who gets wet feet when sea level rises. Makes for interesting viewing.
Befuddled, that map shows Les Isles Dernieres (southwest of Isle de Jean Charles), which are a classic example. Isle Derniere was smashed by a hurricane in 1856, overtopped by the storm surge and cut into multiple isles. But whereas sedimentation would normally have rebuilt the island over time, rising seal levels have prevented that, and now a pathetic remnant is having to be artificially maintained, or the fragile mainland behind would be exposed to vastly more erosion. And so it goes, and so it goes.
DeleteWhile coastal areas are vulnerable to flooding, they at least have large land masses behind them, as a refuge or buffer or whatever. Small islands aren't so lucky - their fresh water is often in the form of a "lens" under the island surrounded by saltier water. Rising sea levels drive salt water into that lens. People who live there would no longer be able to raise crops, even if they never get a flood or surge, and places like Kiribati will either die of thirst or starve, long before they drown.
Of course, flood and storm surge aren't exactly going to help, either.
Well they reckon about 40% of homo sapiens sapiens lives in the tropics, and that's about 3 billion of us. And about 80% of all terrestrial species, too.
DeleteAnd that's without necessarily having a "large land mass behind them" that would survive flooding - eg Bangladesh.
I wonder just how many of us humans live on tropical islands, and does Indonesia count ?
You can say many things about Wayne Swan, but he never said there was a surplus; it was always 'there will be' a surplus.
ReplyDeleteJust a shame it never materialised.
Actually, Anony, Swan did include a surplus as a component of a budget even though the Savvy Savva says: "They mocked Wayne Swan for seven years for pretending to deliver a surplus ..."
DeleteSo we turn to the testimony of Scott Ryan:
"In his 2008 Budget speech Wayne Swan said “We are budgeting for a surplus of $21.7 billion in 2008-09, 1.8 per cent of GDP, the largest budget surplus as a share of GDP in nearly a decade”.
The result was a deficit of $27 billion."
But no mention whatsoever of why Swan's 2008-09 budget actually went into deficit: just some spending to overcome a small problem called the Global Financial Crisis. Which Swan (and the rest of labor's Gang Of Four) managed to do, whereas the LNP would have, like so many other wingnut governments, delivered us a decade of "austerity" to suffer under; including, indubitably, at least one genuine recession. And still wouldn't have delivered a budget surplus anyway.
Though I do agree that Swan's continuing efforts to 'predict' a surplus just about every later year up to 2012 was more than a little fanciful. But hey, in for a penny, in for a $billion or 10.
The shame was that the Labor Party got into the crazy surplus bidding war in the first place. Putting aside the academic discussion of whether its necessary or even desirable, it's not a common occurrence either internationally today or historically in this country and I cannot understand why they bought into it.
DeleteDon't tell me you're leaning towards MMT, Bef. I know I am, even though I'm not sure that Bill Mitchell outranks Paul Krugman. Ah, the wonders of that wholly imaginary beast 'fiat money'.
DeleteBut it's easy to understand why Labor got into the 'surplus bidding war', Bef. It's because despite their total ignorance (at best, really they totally believe a bunch of myths and legends about economies) of economics, the LNP is "believed" to be better than Labor at running the economy, so Labor must go along with the LNP nonsense. And the Labor types don't know any better themselves, anyway.
I still don't know how it was that the Labor Gang of Four went along with Ken Henry and bought our way - with significant budget deficits, it's true - out of the GFC. But they did, and as far as I can recall, that's the one and only act of economic rationality that I've seen in Australia from either party (but maybe Chifley would have delivered if he hadn't been booted).
And I do know that whenever there is an LNP government and we get a temporary boost (usually resources based) in our balance of trade, that just like those dills Costello and Howard, they want to make 'permanent' changes - eg to income tax rates. So when inevitably, our terms of trade turn down, we are left with deficit producing taxation rates.
Obviously, they should just do a variant of the USA's Earned Income Tax Credit on a year by year basis. Which, strangely, ScoMo and Frydenberg are sort of doing - but completely without any understanding of what they are doing.
In moments of panic you tend to find out what folks really believe. During the GFC no one much was waiting on the market to solve the problem, they were all born-again Keynesians. Ken's advice to a Liberal government would have been exactly the same but I suspect they would have overlooked the advice to go household and pumped the money out to their corporate sponsors (US style).
DeleteI think it all confirms Richard Denniss's contention that Neoliberalism is just a political agenda dressed up as economics - alright for tilting the playing in your favour but pretty well useless for managing an economy.
Oh I don't doubt that Ken Henry's advice to an LNP government, if we'd had one, would have been the same as to Labor. I just don't believe the LNP crowd would have listened to a word he said. Remember that in the USA, quantitative easing was applied by Obama's administration despite strenuous resistance from the GOP.
Delete'Austerity', mate, and lots of it - that's the wingnut formula. Though the Canadian conservatives somehow managed not to go that route and went stimulus instead. Incidentally, Canada's deficit at $56 billion for the year was just a wee bit bigger than ours.
What the Canadians spent the money on was:
"Cities and towns across the country have new roads and updated hockey rinks. Many homeowners enjoy finished basements and new decks because of a temporary home renovation tax credit. Some of Canada's native reserves now have new schools, meaning students no longer have to spend hours of their day riding a bus to a neighbouring town."
But then:
"By the time the books are balanced, seven successive years of deficits will have increased the federal debt from $458-billion in 2008-09 to $620-billion. That rise of $162-billion represents about $4,600 for every person in Canada."
The "seven years of deficit" were of course, 2008 - 2015. Seven years ! How many years of deficits did Australia experience ? But Canada did have a recession, unlike Australia, though apparently a fairly mild one.
Like Oz, Canada had a relatively strong regulatory framework and avoided a banking crisis, but their economy was still pretty hard hit - 3 quarters of deep negatives and it took more than 2 years to get back to pre-GFC GDP; Australia, by comparison, was above pre-GFC GDP inside six months.
DeleteIf Canada had gone the austerity route that some other G-7 countries took, they would have bottomed out about twice as low as they went, and stayed lower for longer. That translates to CAD$120 billion during the period their economy was contracting, and perhaps CAD$175 billion during the two years before they'd fully recovered (or more, I guess, since full recovery would have taken longer). My take is that for $162 billion, they got $175-190 billion of GDP - a decent deal.
Mind you, by the same measure Australia's economy was AUD$115 billion better off over those two years than if it had followed Canada's trajectory (after adjusting for the fact that our economy was doing better than theirs for various reasons before the GFC hit), and AUD$200 billion if it had gone the austerity route. At a cost of $52 billion in stimulus. Not too surprising that Swan was praised by a hat-full of overseas economists, which is why, I guess, the reptiles still need to spit poison on him every chance they get.
I came across a very humorous website which sends up the reptiles brilliantly.
ReplyDeletehttp://thejuicemedia.com
Their pie-sharing Honest Government advertisement is a good place to start.