Not surprisingly the infant idiot Prime Minister of Australia, Master Tintin Krudd has managed to turn a multi–billion dollar surplus into multi-billion dollar deficit. Although irresponsible welfare economics is a Australian Labor Party tradition, Master Krudd looks set to break a Labor Party personal best and eclipse the historical giant of economic mismanagement Gough (My wife can kickstart Jumbo jets) Whitlam.
Let’s do a quick review of some Kruddy Labor Classics..
“The inflation genie is out of the bottle”
“I am an economic conservative”
The Krudd is a “social democrat” who hates “neo-liberalism” (WTF is that?) who wants a “new contract for the future” that makes “the role of the state . . . fundamental in the economy”..(scary little lunatic).
Anyway when the Krudd and Krudettes finally woke up there was something serious going on. With maximum fanfare and minimal substance the Kruddettes put down their earwax eating utensils and leapt into a stimulus (?) package granting free cash, pink home insultation batts and computer games to all and sundry. Strangely enough, this didn't stimulate anything or anyone expect for Joan the single mom with five kids to four fathers.
Contrary to the belief of the raving leftists and welfare troughers governments do not make money they merely distribute other people’s earnings, someone, sometime, somewhere has to pay the piper. You keep sapping the ones generating the wealth, then one day the reality hits home there is no more and gee the country goes broke and gravy train stops.
This is exactly what has happened the world over, at one end you have the parasite mutant accountants and bank bosses playing games with money other people have earned with their sweat and tears and at the other end you have the serial unemployed with any number of the life-long professional students, greenies and lefties that plague any western, free nation like life sapping tapeworms squirming in orgasmic delight at their weekly free feed. Trouble is the ever shrinking pool of people actually creating real wealth have had a gutful (pun intended).
So what was some other classics of the mighty “Stimulus” package from the House of Krudd..
Increased First Home buyers grant to $25,000 (To which one mullet, complete with the three screaming kids hanging on the hip) stated on tv, “Now I can afford to purchase my own home because we did not have enough for the deposit before ”.... No you can’t plankton! If you cannot save the deposit, you sure as sh*T cannot afford a mortgage, perhaps some condoms might be a plan.
A multi-million dollar program on pushing a “Bill of Rights (You know, like Zimbabwe has) and religious tolerance (Would it not be cheaper just to issue one way tickets to Palestine for moronic, stone age Imams who declare uncovered women “pieces of meat” and it’s “ok for husbands to rape their wives”). Give them something real to whinge about.
Sling a gad zillion dollars into greenie dreaming pink insulation bats and direct cash for the no-hopers to spend on booze and computer games
Yup..that’ll get the economy going , only trouble it hasn’ t and won't..lets recap..
In November, KRuddY said that $10.4 billion would “help to create up to 75,000 additional jobs over the coming year”. ….NOPE
Again in November: “Today the governments of Australia . . . have agreed on a $15.1 billion package to create 133,000 jobs to stimulate the economy.” Nope..
Now anywhere did we hear of plan to create opportunities for those people and companies that actually create wealth. Perhaps an Ord River or Snowy Mountains Scheme, or perhaps new ports? Maybesomething as simple as changing all of Australia’s rail to the same gauge (jeez what a no brainer)? How about a line of reservoirs (and to hell with the greenies in the driest country in the world have the serial stupids to complain about water catchment) to supplement the now dry River Murray?
Did we hear of any such plan..nope..but what did you expect after listening to inbred latte draftness that came out of the 20-20 vision summit for Australia, paid for by..you guess it ..this bloke:
A Boss Who Tells It Like It Is
Date: Sat, 03 Jan 2009
To All My Valued Employees,
There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn't pose a threat to your job. What does threaten your job; however, is the changing political landscape in this country.
However, let me tell you some little tidbits of fact which might help you decide what is in your best interests.
First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Subaru Outback outside. You've seen my big home at last year's Christmas party. I'm sure all these flashy icons of luxury conjure up some idealised thoughts about my life.
However, what you don't see is the back story.
I started this company 28 years ago. At that time, I lived in a 2 bedroom flat for 3 years. My entire living area was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.
My diet consisted of baked beans, stew and soup because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a wonky transmission. I didn't have time to go out with women. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business -- hard work, discipline, and sacrifice.
Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50,000 a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the David Jones for the latest hot fashion item, I was trolling through the discount store extracting any clothing item that didn't look like it was birthed in the 70's. My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.
So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don't. There is no "off" button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child. You, of course, only see the fruits of that garden -- the nice house, the Subaru, the vacations... you never realise the back story and the sacrifices I've made.
Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn't. The people that overspent their pay suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.
Yes, business ownership has its benefits but the price I've paid is steep and not without wounds.
Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:
I am being taxed to death and the government thinks I don't pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation. Unemployment taxes. Taxes on taxes. I have to hire an accountant to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a cheque to the Australian tax Office for $288,000 for quarterly taxes. You know what my "stimulus" cheque was? Zero. Zip. Zilch.
The question I have is this: Who is stimulating the economy? Me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single mother sitting at home pregnant with her fourth child waiting for her next welfare cheque? Obviously, government feels the latter is the economic stimulus of this country.
The fact is, if I deducted (Read: Stole) 50% of your pay you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy.
Here is what many of you don't understand .... to stimulate the economy you need to stimulate what runs the economy. Had the government suddenly mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Canberra black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.
When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of Australia and always has been. To restart it, you must stimulate it, not kill it. But the power brokers in Canberra believe the poor of Australia are the essential drivers of the Australian economic engine. Nothing could be further from the truth and this is the type of change you can keep.
So where am I going with all this?
It's quite simple.
If any new taxes are levied on me, or my company, my reaction will be swift and simple. I fire you. I fire your co-workers. You can then plead with the government to pay for your mortgage, your 4WD and your child's future. Frankly, it isn't my problem any more.
Then, I will close this company down, move to another country, and retire. You see, I'm done. I'm done with a country that penalises the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.
So, if you lose your job, it won't be at the hands of the economy; it will be at the hands of politicians that swept through this country and changed its financial landscape forever. If that happens, you can find me sitting on a beach, retired, and with no employees to worry about....
AND THE STUMP AGREES!