Category Archives: History

Things that happened more than 12 months ago.

Billions wasted on job search fraud

ABC 4 corners investigation has uncovered the amoral gamification of government contracts purported to offer job seeker assistance.

http://iview.abc.net.au/programs/four-corners/NC1504H004S00

This video may not be available after march 9 2015 so get in fast.

Forging and falsifying documents seemed to be industry standard practice.

Specific rorts uncovered were:

Categorizing people into more at risk categories in order to get more funding.

Claiming payments for assisting job seekers into work even when the job seeker was not assisted.

Funneling job seekers into in-house training courses  order to claim a training payment, often the training was low quality, inappropriate or never actually provided.

 

What is more shocking was successive governments were aware of the widespread fraud and waste but did nothing to punish the fraudsters.

So a total of 18 billion dollars was spent on this program, conservative estimates are that about half was fraud by the contracted  agencies.

18 billion dollars spent over a 16 year period is a lot of money, what else could be done with such a sum.

In November  1960 President Kennedy was elected and quite quickly promised to have a man on the moon before 1970.

In the period of 1961 and 1969, 34 billion dollars was spend on getting man on the moon.

So effectively we could have had half a moon landing for the price of the wacky ideologically driven ‘be mean to the battlers’ program.

The original NASA moon landing from 1961 to 1969 cost 34 billion dollars. Australia waste about half this amount harassing unemployed people in the early 21 century and has not landed a man on the moon.

The original NASA moon landing from 1961 to 1969 cost 34 billion dollars. Australia wasted about half this amount harassing unemployed people in the early 21 century and has not landed a man on the moon.

So who is behind all of this, who else Tony Abbott,

Minister for employment when the program was announced,

under John Howard.

 

 

Polacks emigrate to 8chan, 4chan dying

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A  8chan/pol/ user in the process of migration.

A 8chan/pol/ user in the process of migration.

https://8ch.net/pol/index.html

http://h.8ch.net/pol/

 

With recent scandals such as #Gamergate, censorship, moderation bias and the infestation of SJW moderators, The diehard politically incorrect  /pol/  users (AKA Polacks) have largely left 4chan and have set up their HQ in the rather new 8chan, also called infinitychan.

8chan was designed to look much like /pol/ did on 4chan and its is just as politically incorrect as ever. Its not a place for the weak of heart, stomach, or nerves.

Have you blood pressure medication in standby, along with you butt hurt cream if you dare visit 8chan/pol/ . You’ll read some interesting discussions which you will be able to take part in anonymously* (what passes for anonymously these days at least), you also read some complete crap and some really offensive things. You’ll read things there some people won’t wont you to read, and one of those people may be you.

It’s called freedom of speech,

and it also includes the freedom to be offended,

and offend others.

 

If the following video offends you, 8chan/pol/ may not be the right place for you.

Sub prime mortgage crisis explained

I’m sure there are a few people other there really not sure what the sub prime crisis was, or what caused it to occur.

How did so many supposedly smart financiers and bankers get sucked into it, or where they knowing and willing participants, feeling that they were not going to be held liable.

I must admit if you use the language of the accountants, lawyers, banker and government its really hard to decipher what actually happened and who was at fault.

What you do know is you got shafted but you aren’t exactly sure how this happened.

Help is at hand.

Here is a really good common sense explanation of what happened using a small pub as an example. This analogy is approved my our economics adviser as ‘more or less what happened’.

===

Mary is the proprietor of a bar in Dublin. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar.

To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).

Word gets around about Mary’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Mary’s bar. Soon she has the largest sales volume for any bar in Dublin.

By providing her customers freedom from immediate payment demands, Mary gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Mary’s gross sales volume increases massively. A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Mary’s borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.

At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS, ALKIBONDS and PUKEBONDS. These securities are then bundled and traded on international security markets. Naive investors don’t really understand that the securities being sold to them as AAA secured bonds are really the debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb, and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.

One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Mary’s bar. He so informs Mary.

Mary then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts. Since Mary cannot fulfill her loan obligations she is forced into bankruptcy. The bar closes and the eleven employees lose their jobs.

Overnight, DRINKBONDS, ALKIBONDS and PUKEBONDS drop in price by 90%. The collapsed bond asset value destroys the banks’ liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.

The suppliers of Mary’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the various BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds. Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.

Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multi-billion euro no-strings attached cash infusion from their cronies in Government. The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Mary’s bar.

Now, do you understand economics in 2015?

Share this with your friends by clicking below!
===

<Original source with sharing buttons on page.>

http://comicchill.com/?p=72

Worst of all this could still happen to other parts of the economy, including the monetary system, your cash in hand could suddenly become as worthless as a 2006 sub prime CDO.

Shout out to M V.

Newman and Liberal roadkill in QLD state elections

Newman loss qld tagged

You have to say it the Queensland voter really knows how to about face. In dramatic fashion Campbell Newman is tossed out of  State parliament losing his seat, his party has lost majority and ALP are mustering up their last votes and confirmed  seats looking to rule in their own right. Of course this comes in a week where significant bad press beginning to stick to another prominent liberal party politician, ‘Prime Minister’ Tony Abbott.  So the backlash begins, and soon enough the Marxists will be wafting smelling salts under Stalin’s nose as we need a strong man to make a ‘road to serfdom’ work for us.

 

Malcolm Turnbull and Mal Brough are names being bandied around as possible replacements for Tony Abbott, who ironically made much capital of the Rudd-Gillard-Rudd (again)  leaderships merry go round.

Tony Abbott will be gone in less than 60 days, the real bets are on who to replace him and how to make it more appealing to a voter base in backlash mode.

Recognise that its a trap

Recognise logo

Recognise logo

 

It sounds like a good idea, lets all be friends on an equal footing all with the same rights. Certainly sounds fair, but we all didn’t get here at about the same time, by the same means , or in the same circumstances. Some of us have root going back thousands of years to the dawn of civilization, some just got off a gunboat 8 generations ago and acted like it too.

 

Think of it like this:

 

You are having a family party at your home, rather quiet, just the family.Then all of a sudden hundreds of people burst through the front door and literally start going mad, they tear up the garden and start selling your possessions and even start selling tickets to even more people that start coming. You keep telling them to all leave and that the house is yours and you didn’t invite any of them and they have no permission to be there. every time you complain the gatecrashers say you don’t have a ticket so what you say doesn’t matter. The people selling the tickets realize your complaints are hurting ticket sales so they offer you tickets for free just to shut you up.  The ticket is red and has a big white R on it. Do you accept the ticket? Do you realize accepting the ticket will really hurt you chances of a damages law suit against the gate crashers

 

See why its a trap?

See why its a trap?

Yes that’s right by accepting the R ticket you will be agreeing that you are just another gatecrasher and have so land-rights or any special historical connection to the land.

 

Yes it is a racist rights and real estate robbery, its signing up to be robbed.

Come on, lets be smart, if Tony Abbott really wants this it has to be bad for us, that logic works 9 time out of 10 regardless of what the topic is.

 

Get a treaty not a second class citizenship.

Greens political body snatch of Gough Whitlam

While trying to make the case that Gough Whitlam’s  policy success are thanks to the Greens, (which did not exist at the time and Whitlam was never a member of) The greens have produce this rather shameful poster.

The Greens attempt to claim credit for Whitlam's policies.

The Greens attempt to claim credit for Whitlam’s policies.

 

This really speaks volumes about the Greens, totally opportunistic, with gutter level morality and absolutely no sense of tact.

 

http://www.abc.net.au/news/2014-10-22/simms-a-legacy-belongs-to-all-progressives/5833112

In this spirit of this shameful act on the memory of  a man dead but not even buried yet, we put the shoe on the other fott and give to the greens another great progressive, Joe Hockey.

Joe Hockey progressive champion of students.

Joe Hockey progressive champion of students.

 

Most interestingly during the media frenzy around the passing of Whitlam there has been little mention of the constitutional crisis at the time of his sacking, because that would bring up the fact Australia has a constitution, and people might actually start asking questions about the limits of governmental powers it imposes.  Fortunately the Greens will never attempt to claim credit for our work.

 

Occupy London rebooted

http://occupylondon.org.uk/

 

In response to the brutal crackdown in Hong Kong Occupiers converged on London to show support for democratic principles.

Dave Cameron bleated about respect for democracy while allowing brutal crackdowns in his own front yard.

 

Apparently now even sitting on a tarp is enough to make police aggressive.

Can you believe ‘1984’ was actually written in this country?

3 colonies 3 polls: no change, hobbits unhappy

Scotland

No t Ye t
The UK probably only offered the independence option because they thought it would not  be taken up but once international market began to get nervous the hype machine had to get into overdrive to push it back in the box.It would be fair to say neither Scotland nor the UK were completely prepared for Scotland to leave with Scotland holding the oil assets and the (war) ship building, and the UK holding the currency, the pension funds and the national health service (NHS). Sort of like winning the lottery and thinking of leaving your wife only to find out she gets half of everything anyway, and the kids aren’t ready to leave home either.

On the positive side: more powers of self rule were offered in order to sway the vote back to the ‘no independence’ camp where it had looked dangerously lacking.
scotland2014 vote

Fiji
Colonel Frank Bainimarama
First election in 8 years Colonel B retains leadership but a veneer of democracy restored, but for how long?

Positive side 8 years and no coup.

FL31FIJI-COUP_1456336g

New Zealand

Despite mounting evidence of deep corruption in New Zealand political system  New Zealand returned a largely unchanged parliament,
and returned John Key formerly of the Federal Reserve Bank of the USA as its leader. The standard you walk past is the standard you accept.

Positive side: all the international based shills will now pull up stakes and fade out of the picture.

Negative side: Hone Harawira, a strong campaigner for the poor, appears to have lost his place in parliament.

New Zealand election 2014

New Zealand election 2014

 

 

And now we get to hear about all the ‘irregularities’ in these polls, will be very interesting.

 

Fun fact: all of the places discussed were or currently are controlled by the UK in some way.

Net Neutrality debate: prevent internet ransom

The internet

The internet

In the USA there is an on going debate about net neutrality which is a complex topic.

Basically the issue is large communications infrastructure providers are attempting to ransom content delivery companies for speed (bandwidth) or priority access to their own customers.

This is relevant for the world as many major internet services are hosted in the USA and reliant on their network policies and speeds.

Vi Hart ( who normally explains mathematical concepts ) gives a really good explanation of the net neutrality issue.

* Netflicks is an online movie service obviously reliant on good internet speeds.

More information at:

https://www.battleforthenet.com/?from=banner

Australia to send free guns to Kurdistan

The headline really does not say much in itself, but there is much meaning that one can infer from it.

Firstly if you hear the term ‘Peshmerga’ this is the Kurdish word for ‘soldier’ effectively meaning Kurdish army.

This is the Kurdistan flag:

National flag of Kurdistan used since at least 2013.

National flag of Kurdistan used since at least 2013.

For the hard line cynic there is the fact that western nations will struggle to accommodate the number of refugees that might flood out of Kurdistan and other areas fighting ISIS (aka IS, ISIL).

So it would make more sense economically for that fledgling oil state to not be conquered, especially my the murderous fanatics of ISIS.

The knowledgeable cynic might also note the USA stayed out of WW2 (for years) by sending military and other supplies to Brittan and its empire to fight Nazi Germany.

A nationalist cynic would likely prefer to lose gun in the middle east than our own troops.

A humanitarian cynic might note that the Geneva convention is being ignored by ISIS and civilians right to live without persecution in Kurdistan (and neighboring areas) is under serious threat.

An cynic aware of current ISIS tactic might note that ISIS are a highly mobile ground force using flat deck utes ( trucks) and SUV’s to transport troops and  light artillery and AA, so as such they can strike with remarkable speed, and a civilian’s only real defense is to start shooting to slow the advance.

Geo-politically aware cynics might note that the region of Kurdistan (on the borders of Iraq, Syria, Turkey and Iran) controls significant proportions of Iraqi oil, and what we are seeing is a balkanization of Iraq and to some extent the wider middle east with blurry allegiances (and borders) based on religion, ethnicity and tribal affiliations.

Historically aware cynics would note that Iraq was a state manufactured by Brittan to join together the Kurds ( of mixed faiths) in the north (who had the oil) the Shia ( minority sect of Islam popular in Iran) in the center and the Sunni’s (majority sect of Isalm) in the south where the British could control the flow of oil through the port of Basra.

Cynics who are knowledgeable in the oil trade will know the entire region is full of oil, and the different fresh water sources, oil wells, pipelines, ports and shipping lanes are extremely contentious in term of who controls them.

The energy security of many nations depends on the flow of oil both where its flowing to and where its flowing from. There is reason they call it ‘black gold’.

 

Kurdistan-Map-with-Kirkuk*this map is from 2013 as Kurdistan began as a state and prior to the formation of ISIS. Borders may have changed and are indicative only as a rough guide to the region. Kurdistan’s first major victory over ISIS just days ago left Kurdistan in control of Mosul an important dam and fresh water source.

It is ironic that the Australian government not only manufactures assault rifles and is willing to give them to foreigners, but not to their own people, who are largely unarmed in their own country.

As a  final note the guns are not really a gift, there will be demands for oil from Kurdistan in the future.

 

Perhaps the fluidity of power struggles is the nature of the desert, the sand itself shifting endlessly in dunes and ergs.

 

McCain on policy changes.

McCain on policy changes.

 

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