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Random Notes - Idle Thoughts

New arrogance takes hold among Labor and its union cohorts — David Crowe, The Australian

I get the suspicion the references in the second last paragraph about the banking industry and “..forcing the big four to divest their funds management or financial advice arms..” more about tilling the soil and creating an environment for the unions to move in and become major players in the sector as they’ve done in the superannuation sector. They can’t survive with union membership of around 15% or less in the private sector so they have to diversify to fund the cause. What better way than too have your political wing gift you with unlimited access to the honey pot.

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Sun Has Set On Greens Dreams — Graham Richardson, The Australian

The blind pursuit of ridiculous renewable energy targets is a Greens push adopted by Labor and now works against them both. Flim-flam won’t replace solid policy. The Greens led the South Australian Premier down the road to ruin and he acquiesced too quickly. The lights have gone out on South Australians several times now and the state Liberals, as pathetic as they appear to be, will no doubt turn the lights out on the Weatherill government at the next election.

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McManus And The Unions

McManus And The Unions

Interesting that McManus should be speaking out about the lawlessness of the unions. From The Australian 12 months today

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The Ripe Aroma Of BS and Musk — Quadrant Online

The old pea and thimble   "....One hundred and thirty years ago, the renowned Thomas Edison (left) – then an American hero — pulled a stunt like Elon Musk, pretending to promise something he couldn’t deliver.   Edison would press a button on his desk in his Fifth...

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The Great Renewable Energy Swindle — Justin Campbell, Liberty Works

The renewable energy swindle, like all good swindles has multiple parts. First, for over a decade state governments subsidised the initial cost of solar panels. Second, many state governments guaranteed a fixed feed-in tariff rate that was well above market rates, and third, the Renewable Energy Target created an artificial demand for the electricity generated from small scale solar. The effect of of these three policies was a massive energy subsidy for wealthy individuals with solar paid for by consumers buying their electricity through the grid.

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