Australian (ASX) Stock Market Forum

The lunatic right

, the hard right voted for Hanson and the other lunatics.

.

I resemble that remark, but truth is that I don't consider the so called right really right of centre.

I think the LNP is a hotchpotch of anti Labor people, who would be rudderless without the ALP. The best it can do that resembles right wing is to embrace supply side economics which was major failure for Reagan.

Hanson is just rolling out old skool stuff that both majors advanced back when they had defined policies.
 
What is the difference with the current situation: he might print money? And have a debt level which can not be repaid "like" ever??
You mean like NOW?

Trouble is he's a maverick. With other Presidents you got the feeling that they knew something of the basics of economics and financial prudence and the need to contain and repay debt even if they were hopeless at doing it.

If Trump lets it be known that he doesn't care about repaying debt, then others won't lend to him. Would you ?

Where is he then going to get the cash for his infrastructure and military expansion ?

If other countries don't lend to the US, the US is heading for a deep recession fairly quickly.
 
National debt is not the same as household debt.

The gov't can borrow and can print more money (in moderation) to repay it cheaper as they collect the taxes on the multiples of transactions that will boomerang back.

There are investments, then there are spending.

Belt tightening has proven to never ever work during a recession. It was proven back in the 1930s; and it is evident now all over the world. But we're somehow still trying to see if it'll work if we tighten it a bit more.
 
It seems asf is a strange place for you to be then.

Eh, so far everyone has been helpful. The stock advice has been very useful.

If they decide to do something, the rot might stop. If the media and the intellectuals are clever enough, and the police are brutal enough, that the plebs will just stay quiet... well it'll head in the same direction it's been heading anyway, just a bit faster.

I totes agree. (love the history lesson too). I honestly don't know what can stop the system that is the United States in it's current form. All those protestors are tomorrow's inmates and are going to contribute to US's GDP in the giant sweatshop that is the US prison industrial complex. It's genius really, but so very cruel.
 
Eh, so far everyone has been helpful. The stock advice has been very useful.



I totes agree. (love the history lesson too). I honestly don't know what can stop the system that is the United States in it's current form. All those protestors are tomorrow's inmates and are going to contribute to US's GDP in the giant sweatshop that is the US prison industrial complex. It's genius really, but so very cruel.

I heard that they fine and charge protestors. Either for "rioting" or "impeding traffic". And if protestors stay on the nature strip and so can't be fine or arrested - freedom of speech and all that - some cops actually drag the riots into the street then charge them for being on the street.

Maybe they ought to apply that genius towards creating jobs and a more equal society ey.

But then like you said, who's going to profit from the prison slave labour and other money private prisons can milk in addition to charging the gov't about $40,000 per inmate per year.

It's like the good old days before revolution everywhere.
 
We'll have to wait and see. Judging by his economic promises ; massive tax cuts + massive infrastructure spending, he could send the USA broke. He may default on debt or he may just print money to pay it back .

Either way the US could become an economic basket case and drag the world down with it.

Be careful what you wish for...

It's happening already

https://www.bloomberg.com/news/arti...-worst-ever-meltdown-as-bull-market-shows-age

Thanks to explod for that link.
 
Soldier who enjoys shooting people appointed US Defence Secretary.

http://www.abc.net.au/news/2016-12-...ttis-as-nominee-for-defence-secretary/8087166

If out of the Abc, you might have access to the full quote.was as expected not so bad..
"At times, Mattis' salty language has gotten him into trouble. "You go into Afghanistan, you got guys that slap women around for five years because they didn't wear a veil," he said in 2005. "So it's a hell of a lot of fun to shoot them"."
http://www.brisbanetimes.com.au/world/us-election/donald-trump-chooses-exmarine-james-mad-dog-mattis-as-defence-secretary-20161202-gt2qm2.html
is actually not that bad for an army guy
 
If out of the Abc, you might have access to the full quote.was as expected not so bad..
"At times, Mattis' salty language has gotten him into trouble. "You go into Afghanistan, you got guys that slap women around for five years because they didn't wear a veil," he said in 2005. "So it's a hell of a lot of fun to shoot them"."
http://www.brisbanetimes.com.au/world/us-election/donald-trump-chooses-exmarine-james-mad-dog-mattis-as-defence-secretary-20161202-gt2qm2.html
is actually not that bad for an army guy

The scientific term for Mad Dog's enjoyment is dehumanisation. You paint an image of your victim as some sort of lowlife, some sort of savages... then you torture and murder them.

All psychopaths and fascists does it. Though only the psychos enjoy it.
 
Soldier who enjoys shooting people appointed US Defence Secretary.

http://www.abc.net.au/news/2016-12-...ttis-as-nominee-for-defence-secretary/8087166

The average Yank got one heck of a fight ahead of them - all against their own government.

Trump's picks so far will destroy the dam place. The idiot have no idea, or does not gives a crap, about civilian oversight, you know, democratic rules.

So he picks Wall St bankers and Hedge Fund guys as head of Treasury and Commerce (Clinton would do the same anyway);

For defence and spies/security agencies, he pick generals and military brass. Whatever happen to some sort of civilian control? No need for that kind of façade anymore?

For Education he picks a billionaire heiress who's absolutely hell bend on school privatisation. She has done it in her own state where vouchers meant private schools get to pick the smarter kids but reject kids with special needs or low grades... so public schools will have to take those more resourced-intensive students, but now with a whole lot less of resource since it goes to the private schools.

There's talk he might get Mitt Romney to be Sec of State. But then it could just be Trump's way of getting a douche who say nasty things about him to now make a fool of himself in public before Trump kick his brown nosing political behind.

And even though he own shares in the DAPL, his decision to support the pipelines have nothing to do with his investments but for the good of the country :xyxthumbs


Interesting times that's for sure. Might actually get to see the finale' with mushroom clouds.
 
I don't think we should discount the possibility of lunatics in the Centre. Those darn Lunatic Centre Right/Left
 
Reflected very much on this Forum too. The born to rule mentality blinds to the bigger picture and what it is really like at the bottom.


Conservatives cannot accept criticism, cannot ever concede they were wrong, and will never say sorry. If they make any backflips or change their mind, it was never their fault – blame it on Labor, or the Senate, or global headwinds, or better still, Muslims and people on welfare.

I feel sorry for conservatives - The AIM Network
It may sound condescending to say I feel sorry for conservatives but I do. Conservatives live in constant fear. Fear of government regulations, fear of taxation, fear of social evolution, fear of “the other”, and the overriding fear that drives it all…
THEAIMN.COM
 
Reflected very much on this Forum too. The born to rule mentality blinds to the bigger picture and what it is really like at the bottom.

I have found that conservatives have an inflated opinion of their presence in the thoughts of others. I think they play act their composure, demeanor, etc to cultivate an human artform in their minds eye of what respectable and civilised is; it becomes second nature and don't recognise themselves as pompous twits.

Contrast this with the congenitally top shelf, like myself, and you can easily see the made of plastic label on their bottoms. True seed stock don't heed ratings :rolleyes: :D
 
I have found that conservatives have an inflated opinion of their presence in the thoughts of others.

And now back to the Lunatics... Sen Malcomb Roberts only a few short weeks back was 'sieg' hailing the new dawn of a new Western Spring(whatever that is). And so vot dis it we have here? in da heart of za old fatherland of da Uber Alles...

Austria 'handily' elects an centre Left Presedent Van Bellen... well with climate change you can expect shorter springs... Or was Mal talking about the springs that connect his eyeballs to his face?
 
I have found that conservatives have an inflated opinion of their presence in the thoughts of others. I think they play act their composure, demeanor, etc to cultivate an human artform in their minds eye of what respectable and civilised is; it becomes second nature and don't recognise themselves as pompous twits.

Contrast this with the congenitally top shelf, like myself, and you can easily see the made of plastic label on their bottoms. True seed stock don't heed ratings :rolleyes: :D

I'm sure there's a fitting label for the self-congratulatory type like thyself there McCarthur.
 
And no small part, thanks to Obama himself.

I blame the media.
The right media says the rest of the media is lying. People then distrust all media and start believing non media sources. I saw that in the USA only 20% of people have trust in the media. No wonder we are in the post truth age.

The way Four Corners was attacked by the Murdoch press for their article on Nauru was quite wrong.
Experts whether they be economists, scientists whatever are ignored for shock jocks if there message doesn't run the correct political line.

The result is that the young people don't believe anything as they can't differentiate between propaganda and truth. Where I live, Green heartland (Melbourne) young people just believe all this crap whether it be right or left wing and any challenge to their views is heresy. They get their information through Facebook and mates and either believe Hillary is a mass murderer with bodies lying everywhere and the twin towers was a US government plot or they are the opposite way believing all our food is poisoned, all companies are evil and horse racing and zoos should be banned and immunisation is evil (for instance). Sometimes they believe all the above.
 
I blame the media.
The right media says the rest of the media is lying. People then distrust all media and start believing non media sources. I saw that in the USA only 20% of people have trust in the media. No wonder we are in the post truth age.

The way Four Corners was attacked by the Murdoch press for their article on Nauru was quite wrong.
Experts whether they be economists, scientists whatever are ignored for shock jocks if there message doesn't run the correct political line.

The result is that the young people don't believe anything as they can't differentiate between propaganda and truth. Where I live, Green heartland (Melbourne) young people just believe all this crap whether it be right or left wing and any challenge to their views is heresy. They get their information through Facebook and mates and either believe Hillary is a mass murderer with bodies lying everywhere and the twin towers was a US government plot or they are the opposite way believing all our food is poisoned, all companies are evil and horse racing and zoos should be banned and immunisation is evil (for instance). Sometimes they believe all the above.

Having watched the more recent Sky News program on Nauru, I would think that it is the ABC version that is the fake news. Remember it is the ABC who used the old misleading footage of facilities etc. and showed images of children behind wire fences when all are free to roam about the island. It is clear from their constant reporting that the ABC and Guardian have an agenda when it comes to offshore detention. You can expect them to do all in their power to thwart the resettlement of refugees there to other countries. They want the situation to continue as it serves their left orientated interests. The act similarly in relation to Aboriginees and have been called out by Noel Pearson as to being more interested in maintaining a victim culture than in helping them.
 
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