Tag Archives: barnaby joyce

Barnaby: Here Be Dragons

23 Aug

Media Release – Senator Barnaby Joyce, 22 August 2011:

Here be dragons

The Sunday Age reported yesterday that almost a year after the Prime Minister promised to “deliver” for regional Australia, the government’s efforts have so far amounted to a few happy snaps.

In the agreement between the Labor party and the Independents, the government promised:

A new myregion.gov.au website will make it easy for people to see the results of improved budget reporting for their region and will provide interactive ‘contact us’ opportunities for the community to find out more and make enquiries. Other public indicators of service performance and social, economic and population outcome will also be reported. *

However, almost a year after signing this agreement, the myregion.gov.au website amounts to a National Photographic Competition.

In the “Places” category of the Photographic Competition, 2nd and 3rd prizes went to a picture of the Sydney Harbour Bridge and a picture of the Gold Coast. These would appear to be strange choice for a photo competition run by a Department of “Regional Australia”.

“You have to wonder whether this government spends enough time in regional Australia to take a photo” said Senator Barnaby Joyce.

“It’s as if all of their maps for regional Australia have marked on them “Here be Dragons” in the medieval fashion.

“It’s pathetic. I hope the independents, Oakeshott and Windsor, are happy with what they’ve got. In a sense, that is a true reflection of what they have delivered for regional Australia – a happy snap of the Gold Coast and the Sydney Harbour Bridge.

“I suppose we should not be surprised. This government struggles to even define regional Australia, let alone spend much time there. The biggest “regional” project this government has funded is a $480 million project to upgrade the roads around Perth airport.

“Perth is a great place but I don’t think anyone considers a core part of regional Australia.”

More Information: Matthew Canavan 0458709433

http://www.theage.com.au/national/critics-snap-at-regions-website-20110820-1j3y0.html

[*] Agreement with Independents, Annex B, Page 5

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Barnaby Supports Convoy Of No Confidence

20 Aug

Media Release – Senator Barnaby Joyce, 19 August 2011:

Regional Australia is coming to Canberra

I would like to offer my support to those travelling to Canberra for the convoy of no confidence rally next week. I hope everyone takes their time and has a safe trip.

The Australian people everywhere you go are starting to have one retort and it is this – can you please get rid of them?

Whether it’s the secretary at the doctor’s surgery, the taxi driver, the lady behind the till, or the person standing next to you in the queue, they are no longer surprised by just how totally and utterly incompetent the government is.

The convoy of no confidence is the inevitable consequence of a population that is just sick to the back teeth on what is happening to their country.

They are not nasty, they just want them gone. These people are a mere expression of what the majority are feeling. They are regular truck drivers, regular people who are making a political point. They are driving to Canberra to ask the government to do the decent thing and go to an election. It is like when a relationship breaks down and now the Australian people are saying they want out, or more to the point they want the government out.

There are reports today that the Government is planning to gag debate in the Parliament on the carbon tax legislation. After denying the Australian people a vote on the carbon tax, they are planning to deny the Australian Parliament a voice.

But these people can make a difference. People in regional Australia are often frustrated by the lack of a voice they have in Canberra, Sydney, Melbourne and Brisbane.

I want to remind those living outside these centres that they have changed the direction of their country over the past few years.

In 2009, it was regional Australia that first stood against Kevin Rudd’s emissions trading scheme, leading to its eventual defeat on the floor of the Senate. It was regional Australia that last year stood up against a Murray-Darling Basin Plan that was going to destroy the nation’s food bowl. And this year it was regional Australia that stood up against plans to end our live cattle trade, notwithstanding the devastation that was caused during the four weeks in which Four Corners ran the country.

All of these changes came about by the force of ordinary regional Australians standing up against the Green, nihilistic and negative vision that wants to shut down economic activity in regional Australia.

It is only half time in this fight on the carbon tax. There is no messiah coming over the hills to save us. The only way to stop this tax is for everyone to do what they can to make it happen.

Whether that is coming to Canberra on Monday, calling your local Labor or Independent members or writing to your local paper, every little effort helps to stop this tax.

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Barnaby: Tomorrow Is D-Day For Anna Bligh

18 Aug

Media Release – Senator Barnaby Joyce, 18 August 2011:

Bligh’s day of delivery for Queensland looms

The carbon tax heat will turn to Queensland Premier Anna Bligh when the Council of Australian Governments meets in Canberra tomorrow.

Leader of The Nationals Warren Truss and Nationals’ Senate leader Barnaby Joyce – both Queenslanders – are calling on the Premier to make good on her pledge to ‘put Queensland first’ by rejecting the carbon tax.

On May 22 the Premier told reporters: ‘I think Queenslanders, like other Australians, want to see the details of the carbon tax’. She then pledged to put the interests of Queensland first, adding: ‘I look forward to (seeing) those details and when we do we will be putting Queensland first’.

“Tomorrow is D-Day for the Premier,” Mr Truss said. “Anna Bligh can put Queensland first by putting Julia Gillard and her carbon tax last.

“In fact, Federal Treasury figures reveal that the carbon tax will have its biggest impact on Queensland, with the state’s bottom line gutted to the tune of $250 billion – the equivalent of losing an entire year out of the state’s production.

“Even Queensland Treasurer Andrew Fraser has conceded the asset value of the state’s electricity generators will plummet by $1.7 billion. The Queensland Resources Council estimates that the state stands to lose $1 billion in coal royalties, as well as shedding more than 13,000 jobs.”

Senator Joyce added: “The epicentre of the effect of a carbon tax is Queensland. Our state’s major export is the major export of the nation, it is coal, it is carbon.

“Why should the person in Ipswich pay more for power for something that is not going to change the climate? Nobody wants this tax and Anna Bligh is crucial in trying to stop it. She can make the difference and stop this tax.

“All she has to do is to stand up for Queensland, not for Sussex St, in Canberra tomorrow.”

Today’s release of the Australian Bureau of Statistics’ employment data shows that unemployment in regional Queensland has increased by almost 1 percentage point over the last year – climbing from 5.4% in July 2010 to 6.3% today.

Areas that have been hardest hit include:

§ Townsville / Mt Isa area rose from 2.9% to 7.5%.

§ Wide Bay up from 6.5% to 10.7%.

§ Gold Coast increased from 5.6% to 6.7%.

§ The unemployment rate in Cairns remains high at 8.2%.

This is the wrong time to impose a carbon tax on regional Queensland.

Anna Bligh needs to join with Ted Baillieu, Barry O’Farrell and Colin Barnett in telling Julia Gillard to dump her destructive tax. If the Premier is fair dinkum about the interests of Queensland she’ll reject the carbon tax tomorrow.

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Kohler: A Surplus Of Political Stupidity

14 Aug

From Business Spectator:

Yesterday’s weak employment figures confirm what my colleague Robert Gottliebsen has been arguing for months: that the economy – global and domestic – is much weaker than anyone thought. Forcing the budget back into surplus by 2013 by cutting spending or raising taxes is probably a stupid idea, just as raising interest rates must now be off the agenda.

But the Opposition and the media will now ensure that the most important issue is not how the settings should be adjusted for changed circumstances, but whether the government breaks a promise.

Same goes for the carbon tax. If Oliver Marc Hartwich in today’s KGB roundtable is only half right about the dire future of the European Union and the euro, introducing a carbon tax next July would be the silliest idea imaginable.

All three of the economists on the roundtable – Hartwich, Warren Hogan of ANZ and Su-Lin Ong of RBC – are pessimistic about the global economy. They are not alone. The very best that can be hoped for is that the European and American economies muddle through this new debt crisis and they end up with low growth rather than a recession.

…

In the circumstances, should the government press on with the planned carbon tax next year? Of course not, unless there is some miraculous renaissance of the developed world economy between now and then.

That looks extremely unlikely. Yet at a Town Hall forum in Perth yesterday, the prime minister vowed to press on with the carbon tax, because Treasury has advised that the economy will continue to grow even if it is imposed.

Right. That’ll be the modelling then. That model on the computers in Langton Crescent, Parkes, in Canberra, a million or so miles from the real world.

Well said.

Very pleasant to see that Alan Kohler has about as much faith in Treasury modelling as I do:

Why Would Any Sane Person Believe Treasury’s Carbon Tax Modelling When Their Budget Forecasting Record Is This Bad?

The Pricing Carbon Choir – Why Should *Any* Sane Person Trust Economists After The GFC?

And as much as Barnaby Joyce does:

Barnaby Bamboozles Chief Of Climate Change Modelling Unit … Again

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Barnaby: Taxpayers Should Not Fund The Destruction Of Taxpayers’ Property

13 Aug

Media Release – Senator Barnaby Joyce, 12 August 2011:

Taxpayers should not fund environmental groups which destroy public property, Senator Barnaby Joyce said today.

ACT Police today has summoned two Sydney women to the ACT Magistrates Court to face charges relating to the destruction of a CSIRO GM research wheat crop last month.*

The charges come after the police executed a search warrant on Greenpeace headquarters in Sydney, during which police seized evidence.

Greenpeace currently benefits from a government ruling that donations to it are tax deductible under the Register of Environmental Organisations program.**

“I find it a bit of a paradox that an organisation can get a tax deduction, in the same way that St Vincent de Paul or the Red Cross does, when it has been implicated in charges relating to the destruction of taxpayer property.

“Taxpayers should not fund the destruction of taxpayer’s property. If Greenpeace is found to be implicated in the destruction of scientific research, then they should no longer receive the benefit of a tax deduction from the Australian people.

“Greenpeace has actively promoted and endorsed the destruction of public property:

We had no choice but to take action to bring an end to this experiment,” said Greenpeace Food campaigner Laura Kelly. “GM has never been proven safe to eat and once released in open experiments, it will contaminate. This is about the protection of our health, the protection of our environment and the protection of our daily bread.”***

“Sometimes they like the science, sometimes they don’t.

“I think it is very important to understand that the rule of law be maintained in regards to the respect of public property if you want to maintain a civilised society.

“The endorsement of destruction leads to anarchy.”

* http://www.police.act.gov.au/media-centre/media-releases/act/2011/august/Two%20women%20to%20be%20summonsed%20in%20CSIRO%20investigation.aspx

** http://www.environment.gov.au/about/tax/reo/index.html

*** http://www.greenpeace.org/australia/en/news/food/A-mum-takes-action-against-GM-wheat/

More Information – Matthew Canavan 0458 709 433

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Barnaby: Carbon Tax Not The Answer For Queensland

11 Aug

Media Release – Senator Barnaby Joyce, 11 August 2011:

Jobs figures show that carbon tax is not the answer for Queensland

Employment data released today reveals that Queensland now has the highest unemployment rate in the country. This is the worst time for Queensland to be facing the prospect of a carbon tax, Senator Joyce said today.

“The unemployment rate in July increased in Queensland to 5.6%, from 5.2% in June, double the increase experienced nationally. Queensland now has a higher unemployment rate than any other State. In total, an additional 10,000 Queenslanders became unemployed over the past month.

“This is an appalling outcome when you think of the minerals boom that Queensland is meant to be experiencing. When small businesses tell you there is not much business around they are not joking.

“The prospect of a carbon tax is killing jobs in Queensland. If the Labor government moves forward with a carbon tax they have will have moved from being incompetent to culpable.

“Surely someone in the Labor party has a television set and can see what is going on in the world. Now is the not the time for a carbon tax that will raise costs for every small business but have zero effect on the temperature of the globe.

“This is a one vote Parliament. We are looking for just one Labor party member to stand up for Queensland and vote against the carbon tax. Let’s stop this charade and do what the vast majority want.

“Since the Howard government left office the unemployment rate in Queensland has increased by 50%, from 3.8% (in November 2007) to 5.6% today. There are over 50,000 extra Queenslanders unemployed since the Rudd-Gillard government came into power.

“Queensland was once the state of development. An earlier generation built dams, electrified the railway lines, developed the Gold Coast and opened multiple international airports. Thanks to Labor it is now the State with the lowest economic credentials, where bats seem to have more rights than people, where farmers have had their rural soul sold by State Labor governments, so that coal seam gas companies can run over their land while paying 75 cents for every $1000 they extract, where fishing has become an immoral past-time, where the economic future for aboriginal people has been taken away so they can live on a “wild river”, where the major industry of the north, the live cattle trade, can be shut down over night because apparently the nation is run by Four Corners, not the government.

“When green regulations become more important than creating jobs, the effects are there for all to see. Queensland has the highest unemployment in the country and public debt heading towards $85 billion.”

More information – Matthew Canavan 0458 709433

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Barnaby: “Waiting For Swan Dude To Mutter The Word ‘Surplus'”

11 Aug

Senator Joyce writes for the Canberra Times (emphasis added):

Debt is now a long-term problem

In the mall outside the City Hall gathered the Socialist Action Alliance; speeches, placards, all fairly predictable, about 80 of them.

The zealot loud hailer core were looking a little tired, and a bit passe, but the students were revelling in experimenting with another illicit substance, communism.

Across from them was the Ban the Burka group. There were fewer of them, all in blue, special King Gee Ban the Burka shirts with a motif on them that looked like they wished to ban Pac Man.

Then there was just a cacophony of noise which, from where I was standing, while waiting for my wife and daughter to return from a shop, sounded something along the lines of “Bigot stoning Moslem ban”. The amalgam of the two mantras had led to a perfectly reasonable request.

Into the midst of this came another undergraduate dressed all in black with a cape and a black-winged motorbike helmet. “Bat Thief” was emblazoned across his chest.

He cut quite a dashing figure. Beside him stood plain clothes Boy Wonder with a placard on a stick offering “free hugs”. They were obviously a duo – it was outside City Hall after all.

Bat Thief stood beside me, observed the scene and muttered “racism”.

Which group he was referring to and exactly what he was going to do next shall remain a mystery.

Anyway it appeared to be either too much or too inconsequential for Bat Thief.

He and his coterie of skateboard super heroes exited behind the Ban Pac Man crowd.

The constabulary was also there and had managed to apprehend three felons; the charge, riding a push bike in the mall, mitigated by their combined ages being less than that of the youngest protester.

This was the day that Standard & Poor’s downgraded the US Government. The mall appeared oblivious to the fact that the world had changed. A fire that was lit by debt and had never gone out had come raging back over the horizon and could financially take all before it.

Australia has been distracted from the main issue. I have more faith in Bat Thief and the Free Hugs boy wonder than I do in Wayne and Julia to get us through this one.

If you put your face too close to the painting you can’t see the picture, and to see this picture you have to go back to 2008.

I remember reading some very prescient articles that formulated my belief that debt had gone from a transient problem to a long-term structural problem.

William White, from the Bank of International Settlements, started to raise serious concerns about interbank liquidity. Dr Paul Woolley and Eric Janszen argued that people had been borrowing money to gamble on derivatives. A very dangerous thing.

I remember when studying for my CPA, it was one of the first lessons taught, learning that Toyota once decided they could make more money trading options than selling cars and almost went broke. Unfortunately we had whole nations trying to do it.

It always amazed me that if a humble accountant from St George was reading this then why wasn’t the Treasurer? At the time he seemed too busy fighting a war on inflation, in an attempt to embarrass the previous government, rather than tackle the problems facing the world.

Now, the problem then was debt and the problem now is debt.

Southern Europe doesn’t want to pay their taxes but they want the social protections of a benevolent government. The problem for the Germans is that they are sick of bailing them out. They may no longer have a choice because the problem is becoming too big for anyone.

America’s debt is at a level that is beyond the human mind to actually fathom; it has become a form of mathematical metaphysics worthy of Donne or Dryden.

Here in Australia we are led by an apparently fiscally conservative government that has increased public debt by 150 per cent since 2007.

Only those other noted fiscal conservative governments in Iceland and Ireland have grown their debt at a faster rate.

Our Treasurer’s promise to deliver a surplus is as much of a show as Bat Thief’s cape and skateboard trick. I am waiting for Swan dude to mutter the word “surplus” and then disappear down the street with the Labor party on their skateboards.

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I Should Have Listened To Barnaby Joyce – Sure Beats Listening To The “Experts”

10 Aug

A really great article by journalist Jill Singer.

Filled with honesty.

Humility.

And humanity.

From the Herald Sun:

Experts did nothing to prevent fall

It’s not so very long ago that only the wealthy invested in shares.

Nowadays, though, it seems even the lowest-paid workers must monitor the All-Ordinaries Index if they want to know how their final years will play out.

Will their super funds provide them with enough to live out their allotted years without relying on the kindness of strangers or the vagaries of government largesse?

Or will they work for as long as their bodies and minds allow before succumbing to a lesser life of niggling poverty, insecurity and guilt over being a “burden” on others?

Little wonder that the world seems engulfed by fear and greed.

In this age of compulsory super and self-managed funds, life has become a terrifying gamble.

Having money tied up in superannuation has become akin to being caught in a high-rise building during a bomb scare.

You know that if everyone starts running for the lifts the odds are that people will get crushed. Then again, wouldn’t it be nice to be the first one out of the door?

If we earn an income, we have no choice but to invest in super. But how on earth are ordinary folk expected to manage it when we know that if you have two economists, you’ll get five opinions?

I was like most small investors when the proverbial hit the global economic fan yet again last week – torn between the squirrel-like urge to shift my rapidly dwindling super into cash or to swallow the Government’s line that we are a privileged and robust economy.

In the end I chose the path of least resistance and did nothing.

I’m just not going to look at the damage and will only uncover my eyes when the fire has finally passed …

There are lessons for us all in this.

I should have listened to Nationals senator Barnaby Joyce when, in 2009, he warned about the potential (and then unthinkable) dangers of the US coming close to defaulting on its debt.

I should also have listened to Kenny Rogers: “You’ve got to know when to hold them, know when to fold them. Know when to walk away and know when to run.”

Sure beats listening to the advice of “experts”.

UPDATE:

One wonders whether Jill might now begin to reconsider her murderous devotion to the “experts” of the global warming cargo cult:

Then there’s David Murray, chair of Australia’s $71 billion Future Fund and recipient of a $28 million golden parachute from his time running the Commonwealth Bank. Murray states there’s no link between global warming and carbon dioxide emissions because carbon dioxide is necessary for life, colourless and odourless – and therefore can’t be considered a pollutant. It’s a popularly held view.

Andy Semple of the Menzies Institute claims it’s “refreshing” for someone with Murray’s standing to take on the global warming “scam” by expressing such views.

Really? I’m prepared to keep an open mind and propose another stunt for climate sceptics – put your strong views to the test by exposing yourselves to high concentrations of either carbon dioxide or some other colourless, odourless gas – say, carbon monoxide.

You wouldn’t see or smell anything. Nor would your anti-science nonsense be heard of again. How very refreshing.

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Barnaby: To Those Who Called Me Fool, Who’s Laughing Now?

8 Aug

Senator Joyce writes for the Australian.

Listen up this time!! –

The joy of vindication on the prospect of a US government default is bittersweet; I was right, Wayne was wrong. To those sucked in by the Treasurer, placing wishful romantic theory above clinical reality, then saying “you wouldn’t cut it with the Bloomsbury group if you talk like that at our soiree”, I suggest this, get real.

Do not confuse tackling a problem with delaying when it comes to debt. If while out on the tiles on a Friday night you discover a septic gash on your leg, and in response down another five jagermeisters, pain gone, problem gone, keep dancing, that is delay. Going to hospital to avoid amputation is dealing with the problem.

Tim Flannery said that the impact of climate change policies won’t be felt for at least a thousand years. The impact of a catastrophic default this time was avoided by a mere 10 hours. When prioritising threats I know which one I would be concentrating on.

Swan has given 25 speeches this year and mentioned climate change 24 times. Debt has only been mentioned 16 times, and eight of these in one speech made last month. A year and a half ago I implored the government to prepare contingency plans for the threat of a US default stating the prospect was “distant but real” but if it eventuated the fallout would be a financial Armageddon making the GFC look like a mere preamble. US President Barack Obama also used the term Armageddon in the past month, so if I’m mad, so is he.

When asked on ABC radio whether the government had prepared for a potential US default, our Treasurer could point to no specific actions taken. But we do have parts of Treasury modelling climate change. The Treasurer believes I have been captured by “Tea Partiers”. Disagree with him on climate change you’re a denier, disagree with him on economics you’re a Tea Partier.

Ken Rogoff, obviously another of Swan’s Tea Partiers, but also moonlighting as a professor of economics at Harvard University, has been warning about these problems since we were first introduced to the term sub-prime. The Global Financial Crisis involved ordinary people and silly governments taking on too much debt. There was nothing unique about it, the same process has been repeated over and over again with tulips, railroad stocks, Florida real estate, dot-com investments and our modern example, collateralised debt obligations.

A couple of years ago Rogoff wrote a book titled This Time Is Different, showing actually it’s almost always the same. Public debt crises are more common than economists tend to acknowledge and financial crises in particular place extreme stress on government finances.

Rogoff wrote a paper a couple of months ago titled A Decade of Debt in which he measured the increase in public debt in different countries since 2007, when we voted in these current economic luminaries. No surprises, Iceland and Ireland, are one and two but Swan got the bronze, Australia is third, with a 150 per cent increase in our public debt since 2007. As I previously said we can’t keep going on like this, but we are. We have just extended our debt ceiling to $250 billion.

In 2008, before the GFC’s nadir, Ireland’s net public debt was 12.5 per cent of GDP according to the OECD. The Treasurer boasts that our net public debt is low compared with others. The parliamentary library estimated last year our net public debt will be 12.3 per cent of GDP in 2012-13, the same year Swan predicts surplus.

In the political sphere the person who drives via the rear vision mirror, with a wonderful recitation about everywhere you have been and why, but not a clue where you are going, is dangerous. When, with a coterie of bureaucrats, they cannot keep the car on the black stuff but seem to be targeting the trees, you are in for the economic ride of your life.

Things changed for Ireland after it guaranteed the debt of its banks during the GFC. We have done that, too. Three years ago the Treasurer introduced the financial claims scheme which guarantees $730 billion in deposits. It’s up for review in October but there is barely a discussion about how we might mitigate the risks of such taxpayer exposure. We are too busy trying to cool the planet from a room in Canberra.

Barnaby is right.

Take very careful note of that last paragraph.

Moody’s ratings agency has already warned our government – when it downgraded the credit rating of all our banks in May – that the government’s guarantee was worth two ratings notches.

In other words, without the government guarantee – the our-future-earnings guarantee – our banks’ credit rating would be slashed even further.

Meaning higher interest rates for you.

The long overdue collapse of our housing bubble.

The collapse of our banks.

The bailout of our banks.

And Australia looking exactly like the rest of the Western world.

Oh yes …

And your super stolen by our government – both “sides” – to bail out the banks, and/or finance the floundering government.

Don’t believe me?

Fine.

Piss off then.

Or…

Read. And learn.

Start here –

Stealing Our Super – I DARE You To Ignore This Now

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Fairfax Media: He Prophets Best Who Heeds Joyce

8 Aug

From Scott Rochfort at the Sydney Morning Herald:

Illustration: John Shakespeare

In these increasingly desperate times on global financial markets, faith in the ability of politicians to solve the world’s economic problems has been in short supply.

But after searching around for answers, CBD was relieved to find a website highlighting the past predictions (and warnings) of the Nationals leader in the Senate, Barnaby Joyce.

The founder of the blog barnabyisright.com, who asked not to be named, said the recent concerns that the US could default on its $14.3 trillion of national debt vindicated the comments made by Joyce to the Herald in late 2009.

”A default by the US means complete economic collapse around the world and the question we have got to ask ourselves is, where are we in that,” Joyce said at the time. The senator also raised the alarm about Australia’s government debt in the interview.

The S&P downgrade of the US government’s AAA credit rating at the weekend prompted barnabyisright.com to post the entry ”I Told You So”.

The creator of the blog, launched in February 2010, said it was driven by his anger over the treatment of Joyce during his brief tenure as Tony Abbott’s numbers man.

”Anger at the dishonest, and economically ignorant treatment that Senator Joyce was receiving as then newly promoted opposition finance spokesman, due to his courageous and prophetic voicing of concern over US (and Australian) debt levels, and the risks that these debts (foreign and domestic) pose to Australia’s future.”

WHO’S NAIVE?

When contacted by CBD yesterday, Joyce said he also felt his past warnings about US debt had been vindicated. ”I don’t get enjoyment out of it. There’s no joy out of the pain it’s going to cause,” he said about the world’s level of indebtedness.

Barnaby said he was annoyed at the economists who branded him as ”naive” and ”absurd”.

”You should Google search me for that period of time. And you should Google search them too,” he said.

It was only last month that the founder of barnabyisright.com said he was contemplating the future of the blog ”in that wonderful place where our latte-sipping, concrete-jungle-dwelling, holier-than-thou, ‘green’ totalitarian-wannabe paragons-of-hypocrisy never actually venture (the bush)”.

It seems the S&P downgrade has guaranteed the future of the Barnaby tribute site for some time yet.

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