Has Clive Palmer gone loco?

[orr]

noco, do you actually read the story before linking to it?

noco's got form in this regard. last week he linked to an article in the 'Business Spectator'(from memory) that was an absolute demolition of the argument originally being presented, Maurice Newmans Global cooling brain fade.
On Commo reds under the beds thread noco champions and yet admits to never turning a page of Marx's work, up until prompted.

But noco votes.... the sort of guy you suspect who would like to in multiple.

 

[noco]

noco, do you actually read the story before linking to it? I referred to it yesterday. The Chinese have not imposed any sanctions. It's simply an editorial from a Chinese tabloid newspaper suggesting that is what should happen.

It might happen and if it did, he has - as Knobby has suggested - would have absolutely asked for it, but at this stage it's just a opinion from a person at a newspaper, probably designed - as with many of our papers - to create attention and sell more copies.

Can you imagine the Chinese ever wanting to business with Palmer again whether the sanctions were a suggestion or not.... I am damn sure if I were in their shoes, I would tell Palmer to go to hell...... I would be on the phone to Twiggy Forest the next day..

 

[wayneL]

noco's got form in this regard. last week he linked to an article in the 'Business Spectator'(from memory) that was an absolute demolition of the argument originally being presented, Maurice Newmans Global cooling brain fade.
On Commo reds under the beds thread noco champions and yet admits to never turning a page of Marx's work, up until prompted.

But noco votes.... the sort of guy you suspect who would like to in multiple.

I suppose you could reel of a 10,000 word essay on the Manifesto, Das Kapital etc in an hour or two, off the top of your head, eh orr?

 

[orr]

I suppose you could reel of a 10,000 word essay on the Manifesto, Das Kapital etc in an hour or two, off the top of your head, eh orr?

You asked the other day where were the Keynesians before 2008. At the time I thought of directing you to the public statements/writing of Krugman, Stieglitz,(helicopter Ben) Bernanke, And J.K Galbraith while he was still alive. during the preceding decade, But I thought 'why bother.'

One thing for Clive though he does know what a Library is ..... an deep association with the J.F.K memorial, from memory . A Library thats where you read things... Ahh John Stuart Mill a progressive in so many ways, What would he have made of the immortality and immorality of the modern Corporation..?. I can only guess maybe this ... ' I'll believe a Corporation is a person, When Texas executes one'

For any one with the time I recommend any abridged version Das Kapital.

For the Ayn Rand fans go to Chapter 7 of Anne Manne's 'The Life of I' ... on the book shelves now

On topic enough???

 

[noco]

There is little doubt Palmer has done his dash with voters who are finally beginning to wake up to his motives.

http://www.theaustralian.com.au/opi...ers-true-colours/story-e6frg75f-1227033725942

 

[wayneL]

You asked the other day where were the Keynesians before 2008. At the time I thought of directing you to the public statements/writing of Krugman, Stieglitz,(helicopter Ben) Bernanke, And J.K Galbraith while he was still alive. during the preceding decade, But I thought 'why bother.'

One thing for Clive though he does know what a Library is ..... an deep association with the J.F.K memorial, from memory . A Library thats where you read things... Ahh John Stuart Mill a progressive in so many ways, What would he have made of the immortality and immorality of the modern Corporation..?. I can only guess maybe this ... ' I'll believe a Corporation is a person, When Texas executes one'

For any one with the time I recommend any abridged version Das Kapital.

For the Ayn Rand fans go to Chapter 7 of Anne Manne's 'The Life of I' ... on the book shelves now

On topic enough???

Thanks for the book rec, I'll check it out. It would be interesting to me to see those pre 2008 Keynesian writings, because Krugman at least wasn't espousing anything countercyclical... he was spouting the classic, "it's different this time" rubbish on CNNNN.

 

[drsmith]

Uncle Clive's apology too little too late,

https://au.news.yahoo.com/thewest/w...ology-too-late-to-stop-cattle-trade-backlash/

 

[orr]

Thanks for the book rec, I'll check it out. It would be interesting to me to see those pre 2008 Keynesian writings, because Krugman at least wasn't espousing anything countercyclical... he was spouting the classic, "it's different this time" rubbish on CNNNN.

Krugman on Keynes To the royal economic society 2007

http://www.res.org.uk/view/art2Jan09Features.html

The harsh light of hindsight shines on a lot of this articel in 2003
http://www.pkarchive.org/column/031103.html

Fiscal policy in 2003 again

http://www.pkarchive.org/column/020703.html

A longish interview feb 2003, a lifted quote...."when the revenue was pouring in, as if they were a permanent condition. They didn't set aside money for a rainy day"

http://www.pkarchive.org/economy/FA022503.html

his lecture to the Commonwealth Club California 'circa 2006' 'The future of the middle Class'

http://fora.tv/2007/10/30/Paul_Krugman_Future_of_the_Middle_Class


Surely there's no need for links to Benanki Galbraith and Stieglitz ???????

The Brick with Eye's seems to be presenting 'The Conscience of A Liberal'

 

[drsmith]

Hedley Thomas's latest piece on Uncle Clive,

CLIVE Palmer tried unsuccessfully to repay $11 million to China five days after revelations from a Federal Court hearing, bank statements and legal documents raised serious claims he had wrongfully siphoned huge sums to bankroll his political campaign.

Documents filed in the Supreme Court in Brisbane show a bank cheque for $11,345,013 was authorised by the Palmer United Party leader on May 13, following the legal action launched by Citic Pacific and reports in The Aus*tralian days earlier.

One day after the May 13 bank cheque was offered to the Chinese company, Mr Palmer told the ABC’s Lateline that the damaging allegations levelled against him were “scandalous”.

He added that he had received “an appropriate apology”.

Host Tony Jones asked: “Now Clive Palmer, one final question, it’s a personal one actually because you would have seen in The Australian arguments made by your partners in Western Australia, Citic Pacific, that you’ve somehow taken a large sum of money from a fund set aside to manage the port facilities in WA and possibly used that to fund your election campaigning. I don’t think I’ve heard your response to those allegations yet. What is it?”

Mr Palmer replied: “Well it’s certainly scandalous and I can’t say ”” but there’s always been a resolution of that matter and it’s been pointed out to people and they’ve made the appropriate apology to us.”

Mr Palmer told Lateline that Citic was not pressing to have the matters investigated, adding: “I think it’s just another make-up by the Rupert Murdoch press, really. It doesn’t seem to have any substance. These things happen about me regularly ’cause people don’t like me, they don’t like the fact that I’m concerned about our pensioners and I will stand up for them. There’s been an apology given and I can’t divulge who it is under the terms of it.”

In the three months since Mr Palmer’s Lateline claims, actions against him over $12.167m in Chinese funds, which he withdrew from a National Australia Bank account and were for management of services at the port of Cape Preston, have mushroomed into a Queensland Supreme Court breach-of-trust case.

Mr Palmer and his companies are accused in this case of dishonest and fraudulent conduct.

Mr Palmer, who rejects the accusations, has responded with legal proceedings accusing the Chinese company of an abuse of process, and of running a baseless case to damage his reputation. He has said he was entitled to use the Chinese funds as he saw fit, including to pay for election advertising for the federal election last year.

In the documents inspected by The Australian in the Supreme Court, legal letters show that Mr Palmer was ordered by an arbitration tribunal on May 30 to repay at least $1,705,369 to the Chinese company. The result in the ongoing Brisbane arbitration proceedings, which are being conducted confidentially by retired Supreme Court judge Richard Chesterman QC, contradicts Mr Palmer’s claims he has been getting judgments in his favour in this dispute.

A June 16 letter by one of Mr Palmer’s solicitors, Nino Odorisio, a partner of the firm HopgoodGanim, refers to three further “bank cheques in the amount of $1,705,369, $9,639,644 and $1,879,410 tended (sic) in payment in the amount ordered to be paid by (Mr Palmer’s company) pursuant to the interim award … and other amounts claimed by (the Chinese companies) …”

Lawyers for Citic Pacific, China’s international investment vehicle that has poured about $10 billion into a disastrous iron ore development based on Mr Palmer’s tenements in Western Australia, returned the two largest cheques. The Australian understands the cheques were returned as the Chinese decided they wanted the courts to make findings about the conduct of Mr Palmer and his companies, which are accused by Citic Pacific of acting fraudulently and dishonestly.

In a separate letter Mr Palmer wrote in June, he accused the Citic companies of “deliberately avoiding their legal obligations” and of refusing to pay his company, Mineralogy, royalties from the shipments of iron ore that began in December. The dispute over royalties is being waged in the West Australian Supreme Court.

Mr Palmer, who has assured voters that as a politician he has not been involved in the management of his businesses for months, signed the June 8 letter as “Clive Palmer, consultant, Mineralogy Pty Ltd”.

Lawyers for Citic replied: “Our clients note that you have purported to sign your letter of 8 June in the capacity of ‘Consultant’ to Mineralogy. Our clients do not accept that you have ceased to be a director of Mineralogy. Our *clients intend to continue to engage with you in any commercial discussions in your *capacity as a director of Mineralogy.”

More than 200 pages of confidential documents from the Supreme Court case in Brisbane remains unavailable for copying as a result of an order last week by judge David Jackson, pending hearing of Mr Palmer’s alle*gations there had been an abuse of process.

http://www.theaustralian.com.au/nat...ning-revelations/story-fn59niix-1227045698246

 

[drsmith]

Mr Palmer and the ice bucket,

CLIVE Palmer has stormed out of another television appearance, kicking over a bucket of ice while abandoning one of his senators.

Last night, on the lawns in front of Parliament House, the Palmer United Party leader was expected to pour a bucket of ice over PUP senator Jacqui Lambie on live television to raise money for charity.

However Mr Palmer, spotting a second bucket of ice, apparently assumed he would be next and reportedly stormed off.

As a Network Ten producer attempted to explain the situation to Mr Palmer, the businessman MP kicked the ice bucket over, telling him: “Look, that’s the last time I’m on The Project. Goodbye.”

Mr Palmer, marching to his car, told journalists he was “not upset” and there was “nothing” to his extreme reaction.

http://www.theaustralian.com.au/nat...of-tv-appearance/story-fn59niix-1227046027135

And on matters court,

CLIVE Palmer made an unsuccessful bid to suspend all of his multi-billion-dollar legal battles with Chinese investment giant Citic Group while he campaigned for the West Australian Senate election in March and April, court documents reveal. The affidavits, filed in the West Australian Supreme Court, show lawyers for Mr Palmer’s company Mineralogy wrote to Citic’s law firm, Allens, on March 24 asking for a “standstill” in at least 10 separate court cases and arbitrations across three states.

http://www.theaustralian.com.au/nat...s-court-request/story-e6frgczx-1227045588922#

 

[noco]

This fellow Palmer one day denies any wrong doing with the Chinese and then later admits to buying a ship that does not exists.

This guy is mentally unfit to be a member of parliament and sooner or later he is going to come horribly unstuck..

IMHO, he is becoming a menace to society.




http://www.couriermail.com.au/news/...ch-did-not-exist/story-fnihsrf2-1227046925975

 

[noco]

Geez I never thought I would ever see Palmer stuck for words....to be a good liar, you must have a good memory.

http://www.couriermail.com.au/news/...usiness-partners/story-fnihsrf2-1227048199875

 

[Craton]

How can anyone take this bloke seriously?

The mind just boggles at his school yard antics and dummy spitting episodes.

 

[Knobby22]

I don't think many people do take him seriously but are just glad that he is there to stop some of the more extreme policies. That was the reason he was voted in, the desire to get rid of the influence of the Labor and Green parties but combat the lack of trust with Abbott (which has been proven correct).

The Palmer vote would revert back to the Coalition if trust could be obtained. That won't happen with the present leader.

 

[drsmith]

Uncle Clive and PUP are not a long term political proposition. The conservative vote it has garnered will return to the Coalition when it and its leader implodes.

 

[pixel]

I don't think many people do take him seriously but are just glad that he is there to stop some of the more extreme policies. That was the reason he was voted in, the desire to get rid of the influence of the Labor and Green parties but combat the lack of trust with Abbott (which has been proven correct).

The Palmer vote would revert back to the Coalition if trust could be obtained. That won't happen with the present leader.

+1 at least on your first paragraph;
About your other assumption I'm not so sure. I know quite a few dyed-in-the-wool Labor voters that turned their backs on the shambolic disaster of the infighting, and saw Clive P as an outspoken maverick. I'd say the tick for PUP was overwhelmingly a protest vote, meant to "stick it up" both of the major parties, who believe they own the place and the right to run it.

Another considerable block could have come from voters who object to the growing influence of Church doctrine, be it from Jesuit Abbott or Holy Rudd. Even if it's seen in the main as inconsequential rhetoric, Palmer's calling a spade a bluddy shovel has a far more familiar ring to middle-of-the-road Australians.

 

[Knobby22]

+1 at least on your first paragraph;
About your other assumption I'm not so sure. I know quite a few dyed-in-the-wool Labor voters that turned their backs on the shambolic disaster of the infighting, and saw Clive P as an outspoken maverick. I'd say the tick for PUP was overwhelmingly a protest vote, meant to "stick it up" both of the major parties, who believe they own the place and the right to run it.

Another considerable block could have come from voters who object to the growing influence of Church doctrine, be it from Jesuit Abbott or Holy Rudd. Even if it's seen in the main as inconsequential rhetoric, Palmer's calling a spade a bluddy shovel has a far more familiar ring to middle-of-the-road Australians.

Good points pixel. I think you are correct.

 

[Julia]

I don't think many people do take him seriously but are just glad that he is there to stop some of the more extreme policies. That was the reason he was voted in, the desire to get rid of the influence of the Labor and Green parties but combat the lack of trust with Abbott (which has been proven correct).

That likely is part of the reason for his vote, but do not dismiss the naive voters who actually believed him when he said that a vote him would get them a $100 p.w. more in their pension.

Never under estimate either the stupidity or the wisdom of the electorate. Some saw through Palmer after his first sentence. Others still actually believe he's there to look after them.

 

[drsmith]

Jacquie Lambie's concerned for Uncle Clive's health,

I need to keep Clive Palmer off the Tim Tams so I can keep him alive long enough to keep mentoring me.”

It won't be the Tim Tams that kill him,

“I don’t back down to Clive Palmer and I shouldn’t have to. Even a billionaire needs to be told every now and then.”

Senator Lambie tells the ABC she has given Mr Palmer a harder time “than I’ve given anybody in my life”

http://www.theaustralian.com.au/nat...-clowning-around/story-fn59niix-1227051344567

 

[Tisme]

Why just Clive and PUP? What about the other cringe worthy historical nutters like Barnaby, Pyne, Katter, Mirabella, O'Dwyer , Bronwyn, Hanson Young, Tuckey, Latham, etc