Australian (ASX) Stock Market Forum

World War III: Has it Started?

Sorry the last comes up as a 404 error. FBI probably got to it

Anyway there is plenty of the ranting on Zero Hedge:

FBI? Doubtful...

Zerohedge has all but admitted to being sensationalist, yet you still seem to think they're a reliable source of information Explod....why? Because it suits your negative alarmist and prepper-like view?
 
FBI? Doubtful...

Zerohedge has all but admitted to being sensationalist, yet you still seem to think they're a reliable source of information Explod....why? Because it suits your negative alarmist and prepper-like view?

Agree with you on Zero Hedge. However the bias of news from all quarters needs to be considered and questioned.

Following a co-workers experience when he attended a criminal investigation training course with the FBI in the late 80's I made a study of Edward J Hoover. The biography I have is on loan atm but will pass on reference later today. More recent texts have been watered down (for obvious reasons). The corruption over there within the system is alarming and clear to me that its even worse today.

Because few people are properly educated the elite can do as they please.

Why Canoz do you infer a negative tone towards my take. This is a discussion forum and wide varying perspectives should be welcomed. We are not going to learn much by agreeing on everything.
 
Agree with you on Zero Hedge. However the bias of news from all quarters needs to be considered and questioned.

Following a co-workers experience when he attended a criminal investigation training course with the FBI in the late 80's I made a study of Edward J Hoover. The biography I have is on loan atm but will pass on reference later today. More recent texts have been watered down (for obvious reasons). The corruption over there within the system is alarming and clear to me that its even worse today.

Because few people are properly educated the elite can do as they please.

Why Canoz do you infer a negative tone towards my take. This is a discussion forum and wide varying perspectives should be welcomed. We are not going to learn much by agreeing on everything.

I agree that you can put forth your opinion, but why do we always have to be so negative and alarmist on everything? The media likes it, it sells ads. I prefer myself, to create my own opinion based a balance of facts...

FWIW, the Fin Review had a balanced opinion on this today. Yes, tensions are rising and the opportunity exists for China and Russia to take advantage of the US and its pre-occupation with the election....but don't think they're not watching things closely.
 
I agree that you can put forth your opinion, but why do we always have to be so negative and alarmist on everything? The media likes it, it sells ads. I prefer myself, to create my own opinion based a balance of facts...

FWIW, the Fin Review had a balanced opinion on this today. Yes, tensions are rising and the opportunity exists for China and Russia to take advantage of the US and its pre-occupation with the election....but don't think they're not watching things closely.

I suppose because I come from the harder side.

When I was six, wed just moved onto our farm (April 1952, a very wet and cold year). The eldest of five children at that stage. Our farm then was a bare 600 acre paddock with just a small hut to live in. No electricity, phone, only a tub to wash that first year before the house was built was tough. Often Dad effected by the war would take off in our 1924 dodge truck to the Pub. So I became a big support to Mother. Had a big effect on my life. Later a shearer then a cop 28 years

Today at 70 I'm a red cross volunteer, an active member of the AUWU (unemployed workers) among other political involvements. I know how people are hurting on the ground and my feeling for people will not let me rest, have always had to help. The people behind and who write The Financial Review would not have a clue.

Across Australia for every 1 job there is in excess of 19 people. I talk to people effected by ice and other issues. They see no future or hope for themselves, have given up and just trying to dull the pain.
 
Across Australia for every 1 job there is in excess of 19 people. I talk to people effected by ice and other issues. They see no future or hope for themselves, have given up and just trying to dull the pain.

Plod, there is an oversupply of labour in this country brought about by years of high immigration and generous bonus for bringing children into the world even if people don't have the income to look after them.

Back in your day I reckon people worked damn hard for what they got, these days some expect it to be handed to them on a plate.

If you are a member of the Greens the best thing you can do is to get them to advocate for a cutback on immigration, reduce the supply of labour and therefore increase it's price (wages). Wage stagnation and increases in part time as a replacement to full time work is what is killing this country. People don't have the confidence to spend if they don't know if they will have a job tomorrow.

The Greens and others have to recognise that supply and demand applies to labour as well as to goods and services. We have saturated our ability to create jobs because there are just too many people in the country without the jobs to go around.
 
Plod, there is an oversupply of labour in this country brought about by years of high immigration and generous bonus for bringing children into the world even if people don't have the income to look after them.

Back in your day I reckon people worked damn hard for what they got, these days some expect it to be handed to them on a plate.

If you are a member of the Greens the best thing you can do is to get them to advocate for a cutback on immigration, reduce the supply of labour and therefore increase it's price (wages). Wage stagnation and increases in part time as a replacement to full time work is what is killing this country. People don't have the confidence to spend if they don't know if they will have a job tomorrow.

The Greens and others have to recognise that supply and demand applies to labour as well as to goods and services. We have saturated our ability to create jobs because there are just too many people in the country without the jobs to go around.


Wrong, wrong, wrong again Rumpy......Nothing to do with immigration.

We have an over supply of labour thanks to the communist dominated unions who have stuffed this country
with higher wages, longer annual leave, 17.5% leave loading, long service leave, outrageous penalty rates and the likes of danger money and demarcation.......All adds to the cost of production to make us non competitive.....The mining industry is depleted due to commodities prices so we now have less mines operating.

We don't make boots....we don't make clothes......we have no woolen mills or knitting mills......We don't make cars any more....All gone overseas thanks to the unions....Are you starting to see the picture or are you so blind that you cannot see.

My air force son tells me the government may have to go to China or Bangladesh because we don't have clothing factories big enough to cater for ADF uniforms.

Good stuff hey?
 
Wrong, wrong, wrong again Rumpy......Nothing to do with immigration.

We have an over supply of labour thanks to the communist dominated unions who have stuffed this country
with higher wages, longer annual leave, 17.5% leave loading, long service leave, outrageous penalty rates and the likes of danger money and demarcation.......All adds to the cost of production to make us non competitive.....The mining industry is depleted due to commodities prices so we now have less mines operating.

We don't make boots....we don't make clothes......we have no woolen mills or knitting mills......We don't make cars any more....All gone overseas thanks to the unions....Are you starting to see the picture or are you so blind that you cannot see.

My air force son tells me the government may have to go to China or Bangladesh because we don't have clothing factories big enough to cater for ADF uniforms.

Good stuff hey?

You are always saying that union membership is declining, so its obvious that they don't have the power that they once had. And if they did have the power then wages would be rising, but they are stagnant. That's a simple case of supply and demand. Too much labour when technology is decimating virtually every aspect of industry, commerce and services.
 
You are always saying that union membership is declining, so its obvious that they don't have the power that they once had. And if they did have the power then wages would be rising, but they are stagnant. That's a simple case of supply and demand. Too much labour when technology is decimating virtually every aspect of industry, commerce and services.

There's still 1.8 million plus registered memberships according to the ACTU. That's about 1.8 million more members than the Liberal Party of Australia and about the same 1.8 million proxy votes the ALP has.
 
There's still 1.8 million plus registered memberships according to the ACTU. That's about 1.8 million more members than the Liberal Party of Australia and about the same 1.8 million proxy votes the ALP has.

Hmm. I wonder how many union members actually vote ALP. I think the majority would but there would also be some who vote Green and a few who vote Lib/Nat.

What do we say about professional organisations like the AMA ? Unions by another name, but they wouldn't be support Labor. There were days under Bruce Shepherd when they withdrew their labour so they can get as bolshy as the Left Wingers if they don't get their own way.
 
Hmm. I wonder how many union members actually vote ALP. I think the majority would but there would also be some who vote Green and a few who vote Lib/Nat.

What do we say about professional organisations like the AMA ? Unions by another name, but they wouldn't be support Labor. There were days under Bruce Shepherd when they withdrew their labour so they can get as bolshy as the Left Wingers if they don't get their own way.

There's a difference between voting at the polls and voting in the party conventions. The unions are the foundation members of the ALP.

I know of many on struggle street and blue collar who vote Liberal for whatever altruistic reason they reconcile their decision. Likewise I know a few mega wealthy who admit to me of voting Labor (usually after I announce I vote for imbeciles :D)
 
higher wages, longer annual leave, 17.5% leave loading, long service leave, outrageous penalty rates and the likes of danger money and demarcation.......

I have had all these conditions throughout my working life, why would anyone want to give that up? I wouldn't wish Chinese, Bangladesh or Indian wages on our people currently in the work force that's for sure, would you?

We don't make boots....we don't make clothes......we have no woolen mills or knitting mills......We don't make cars any more....All gone overseas thanks to the unions....Are you starting to see the picture or are you so blind that you cannot see.

The reason all these places closed up is because the factory owners saw a way out for more profit and took their business to China. You know, all them great Aussie icons like "Bonds", "Chesty Bonds". It's all about profit, they just want more and more and couldn't give a stuff about their Aussie staff. Here we go:
---
The clothing giant confirmed yesterday it would close its seven Australian factories in a bid to save $150 million a year, justification that drew fierce criticism from political and financial leaders yesterday.
http://www.dailytelegraph.com.au/news/national/chesty-bond-turns-its-back-on-oz/story-e6freuzr-1111118966766
---

A long time ago a wise man on radio once once said something like: "Why worry about businesses that we can't do anything about and concentrate on what we can can do. We have the best country on earth, he said, why not sell tourism? We have the best beaches, best foods, fine restaurants, good hotels, fresh air, why wouldn't they want to come. Make it easier for them to come and spend their $$$. No use flogging a dead horse and it provides lots of jobs."

No Champ, we've just strayed shocking off topic.

I'll check on the war and get back. :rolleyes:

I'm sorry explod, I strayed too. I don't think WWW 111 is happening just yet anyway mate, cheers.
 
No Champ, we've just strayed shocking off topic.

I'll check on the war and get back. :rolleyes:

John Pilger and a few other historians would agree with you explode: WW3 had already started, just that it hasn't gone nuclear yet.

There's all those proxy wars in the ME and the Ukraine; new alliances are redrawn and made - Eastern European states are either into NATO or NATO is prying it from the Russians; Turkey looks like it's drawing towards Russia and away from the US/NATO since the failed coup in July; India just signed a deal with Russia, and they got a few things going on with Iran for its oil... then there's China trying to buy friends and influence little tigers in Asia.

So the stage is set. All we need is a trillion dollars worth of next gen mini-nuke to play with. Oh wait.
 
John Pilger and a few other historians would agree with you explode: WW3 had already started, just that it hasn't gone nuclear yet.

There's all those proxy wars in the ME and the Ukraine; new alliances are redrawn and made - Eastern European states are either into NATO or NATO is prying it from the Russians; Turkey looks like it's drawing towards Russia and away from the US/NATO since the failed coup in July; India just signed a deal with Russia, and they got a few things going on with Iran for its oil... then there's China trying to buy friends and influence little tigers in Asia.

So the stage is set. All we need is a trillion dollars worth of next gen mini-nuke to play with. Oh wait.

Sad though it is, nukes have prevented WWIII for 70 years. They are actually pretty useless now though because everyone is afraid to use them because they know it will be the end of everything, but they still produce the rubbish to show how smart they are.

I doubt if intentional Armageddon will happen, although it could happen accidentally. As for nukes, if you can't beat em, join em.
:cool:
 
Wrong, wrong, wrong again Rumpy......Nothing to do with immigration.

We have an over supply of labour thanks to the communist dominated unions who have stuffed this country
with higher wages, longer annual leave, 17.5% leave loading, long service leave, outrageous penalty rates and the likes of danger money and demarcation.......All adds to the cost of production to make us non competitive.....The mining industry is depleted due to commodities prices so we now have less mines operating.

We don't make boots....we don't make clothes......we have no woolen mills or knitting mills......We don't make cars any more....All gone overseas thanks to the unions....Are you starting to see the picture or are you so blind that you cannot see.

My air force son tells me the government may have to go to China or Bangladesh because we don't have clothing factories big enough to cater for ADF uniforms.

Good stuff hey?

Not sure why the workers and the gov't always have to "compete" to win business.

It being a democracy and the politicians being servants of the people and what not, maybe we ought to tell those overpaid schmucks they ought to compete to do business and sell their stuff here.

It's just one big track to the bottom we're being put on, and we're somehow more than happy to comply and beat each other up to for it.
 
Sad though it is, nukes have prevented WWIII for 70 years. They are actually pretty useless now though because everyone is afraid to use them because they know it will be the end of everything, but they still produce the rubbish to show how smart they are.

I doubt if intentional Armageddon will happen, although it could happen accidentally. As for nukes, if you can't beat em, join em.
:cool:

I just hope Obama's $1T over 10 year is just another corporate welfare cheque to the arms industry... because a couple of US generals, I heard on the news, are quite terrified that the US is actually investing in miniaturised versions of nukes like that.

For one, they're afraid that because it's designed for "lesser bang", it's more likely be used. Then for countries who are smarter and have less money, say Russia, when a small nuke goes off they'd just return with their big ones.

That and god help us if they made it compact enough a terrorist got their hands on it... thru say, a shot down plane or a broken jeep or an abandoned/over-ran base with a box or two. :eek:


But yea, we are just so stupid man. Have enough nukes to blow the world a few times over and we thought it's not defensive enough so we'd go offensive with them.


Some nuclear commission recently moved that Doomsday Clock 3 minutes to midnight. Same time as it was during the Cold War.
 
You are always saying that union membership is declining, so its obvious that they don't have the power that they once had. And if they did have the power then wages would be rising, but they are stagnant. That's a simple case of supply and demand. Too much labour when technology is decimating virtually every aspect of industry, commerce and services.

You are wrong again.

You don't seem to understand how the average wage works and I have explained it to you before.

When the miners were demanding very high wages, much higher than the awards because of location and the high demand for those workers, that demand has been weakened due to commodity prices of minerals...As I tried to explain to you on a previous occasion, most of the mining work was carried out by contractors whether it be on a one or 2 year contract.......As there has been a slow down in mining, those contracts come up for re-tender and it has become very competitive...I gave you an example of my neighbor who works at on one of the mines and up until August this year he was earning X amount of dollars.......The contractor whom he was working for, lost out on the re-tender and the contract was awarded to a new contractor.......Contractor "A" says, sorry fellows we missed out so you are now without a job......Contractor "B" comes along and says to my neighbor, I believe you do a good job here, would you be prepared to work for my company.......Contractor "B" says, we will engage you at X amount of dollars ( which is 30% lower than contractor "A").......My neighbor says, well OK, I was earning $150,000 per year but I am will still be earning good money at $105,000 and he either accepts the job or goes without...He works 12 hour shifts....one week on and one week off.....FIFO.

So when looking at the average wage and the amount of reduction in wages as explained, one would adopt the impression that wages have slowed...To the best of my knowledge, apart from the mining industry, real wages have not slowed....It is all about statistics and the average weekly wage taking in all factors and the fall in wages on mining sites comes into the equation....Thousands of workers on mines have been affected in the same way.

Have I explained it in simple language for you to understand?

:topic
 
Have I explained it in simple language for you to understand?

:topic

Here is something simple for you to understand. Mining employs less than 2% of the workforce. So Gina might be crying poor, but lets not hear her say that she employs a lot of people.
 
WW III on the horizon? Nah. Although I wouldn't want to be a former Soviet state in Central Asia. I've said on here a few times that great powers need space. China and Russia are primarily pursuing that goal. Russia also has the added incentive of owning a naval "base" in Syria.

As for nukes, those who are mad are not worried about MAD, and that should be what we're worried about.:2twocents
 
Not sure why the workers and the gov't always have to "compete" to win business.

It being a democracy and the politicians being servants of the people and what not, maybe we ought to tell those overpaid schmucks they ought to compete to do business and sell their stuff here.

It's just one big track to the bottom we're being put on, and we're somehow more than happy to comply and beat each other up to for it.

It is all about free enterprise.....If you go to a corner store and see their apples at say $6.99 a kilo and then you go to super market and see the same apples at $4.99 kg, where will you go to buy your apples next time?

I have just explained to Rumpy how things have been working in the mining industry.

So how can those schnucks, as you call them, make ADF uniforms here when we do not have the clothing factories here and if we did have them, at what price would they cost?...Probably double the price we can import them for....So I guess you are suggesting that the government should subsidize a local manufacturer, that is if he had the capacity to be able to supply thousands of ADF uniforms......We have some 4000 ADF personal along here in Townsville...

Off topic.
 
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