Tag Archives: red pill

Gillard Offers Borrowed Money To Bail Out Europe

3 Nov

Ummmm. About our $250 Billion debt ceiling.

I wrote only yesterday that we are on track to hit it by mid-2012. Unless something went pear-shaped first.

I was right. Something has gone pear-shaped.

The rationality of Australia’s ruling politicians:

Julia Gillard has offered extra cash for the International Monetary Fund to help prop up the ailing European economy and prevent another global financial crisis.

The prime minister made the offer as she arrived in France in the middle of a worsening European financial crisis that is set to dominate the Group of 20 nations meeting this week, The Courier-Mail reported.

“For Australia’s part, we stand ready for an increase in IMF resources,” Ms Gillard said after arriving in Cannes.

“We”? Who’s “we” Julia?

Oh I see. “We” means our unrepresentative overlords in “Canberra” (h/t Wall Street Journal):

Australia’s Prime Minister Julia Gillard arrives in Cannes on a mission — she wants fellow G-20 governments to give more cash to the International Monetary Fund to help it deal with Europe’s crisis.

“I will be raising the need to increase IMF resourcing, both at the G20 meeting itself, and at my bilateral meetings, starting today at my bilateral meeting with the President of Brazil,” Gillard tells reporters on her arrival in Cannes.

Canberra has been a vocal advocate of the need to boost the IMF’s resources. The government has one of the developed world’s strongest sovereign balance sheets so is in a good position to donate more cash.

A “good position” to donate more cash!?!

“Good” compared to who, exactly? Greece? The USA? Zimbabwe?

Of course, silly me.

We only have a record budget deficit.

An economy that only survived the GFC solely on the back of China’s massive money-printing “stimulus”:

… that created a temporary artificial demand for our iron ore and coal – a demand that is now slumping:

Steel China Iron Ore Fines cfr main China port USD/dry metric tonne (MBFOFO01:IND)

Canberra is only borrowing money from foreigners at a record rate to fund Green-Labor’s insane spending … an extra $7 billion per month borrowed through September and October.

And doing favours for foreigners … and foreign banks … assures politicians of a life of ease and comfort upon retiring or being kicked out of office.

So “sure thing” Julia.

You are in a great position to throw bad money (borrowed) after even worse money (insolvent PIIGS).

Let us be perfectly clear, dear reader.

Europe is stuffed. Totally and utterly stuffed.

As is the USA. The UK. Indeed, as is the entire Western world’s financial system.

You simply can not fix a debt problem, by borrowing more money.

History bares witness time and time again, that the so-called “rescue” packages that globalist entities like the IMF offer to over-indebted nations, are no rescue at all.

In exchange for a non-solution – some “free” money, and “better” terms of repayment on existing debts owed – the IMF takes ownership over national infrastructure (ports, railways, toll roads, electricity grids, airports, etc) as collateral … and, effectively takes over dictating the national budget. Hence, “austerity measures”.

It’s called “asset stripping” and “loss of sovereignty”.

The IMF is evil.

And it is beyond appalling to this blogger, that we have reached such a low point in the governance of Australia .. egged on by the general apathy of our citizens … that we now have a minority government that not only blatantly lies to and ignores the will of its people (carbon tax).

It is a government that is so totally beholden to the World Government aspirations of the Green ecoloons, that it would offer to give borrowed money to the IMF, in order to aid and abet their stripping yet another nation of its assets and sovereignty:

Make no mistake, dear reader.

By taking Australia ever deeper into record debt, this government is fast-tracking our nation into the arms of the IMF, World Bank, and other assorted power-crazed “We want to rule the world” lunatics.

Click to enlarge | Source: Australian Office of Financial Management (AOFM)

It could not be clearer where we are headed.

Can’t see it?

Don’t want to believe it?

It’s time to take the Red Pill.

The Matrix: "You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes." - Morpheus

Meet James Johnson – The Man With A Plan To Take Out Gillard

3 Jul

In a departure from the usual themes here at BarnabyisRight, I’d like to take a brief time-out today.

By introducing you to a rare, and very interesting individual.

A man who – I am coming to understand – is most worthy of the attribution “James is Right”.

Mr James Johnson.

The man with a plan … to take out Julia Gillard in her own seat of Lalor.

The man with a very different – and deeply insightful – view of the many issues that confront both our nation, and our society.

Now, it is only in the past two months that I have had the considerable pleasure of making James’ acquaintance, thanks to the remarkable serendipity of Twitter.

And I must confess, that I myself am only beginning the journey of discovering more about James, and the unique qualities that he is offering to bring to the genuine service of the nation.

So with due prudence, I will refrain from “talking him up” too confidently just yet 😉

However, I can say with confidence that James has caught my attention for this primary reason.

His appearing to me to possess many of the same fine, admirable attributes as Senator Joyce.

Like Barnaby Joyce, James is – I venture to say – another of those startling and stellar souls known as the “Maverick”.

Now, I am one who believes that history demonstrates many invaluable life lessons for us all.

One of the most valuable being, that great and positive change most often arises through just such contrarian, innovative, and insightful thinkers.

Those with both the courage of their convictions, and also the humility necessary to never be too sure of oneself.

In other words, those with the strength of character to always retain an open mind, while pressing on.

Those who understand intuitively and deeply what it really means … to hasten slowly.

And in pop culture terms, those who have (politically) taken the red pill

The Matrix: "You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes." - Morpheus

I sense that there is rather a decent likelihood that you will be hearing more of James in coming days, months, and years.

And certainly I anticipate bringing some of his ideas and insights to the attention of readers here, where appropriate and topical.

In the meantime, as a brief interlude from our usual fare this Sunday, I wish to commend James – and his thoughts and ideas – to your careful, and considered attention.

Please visit James’ website – JamesJohnson2020.com

… and his blog – JamesJohnsonCHR.wordpress.com (great July 1st article that I recommend as an appetiser – “Government By Caprice: The Senate”)

… and do follow his Twitter feed @JamesJohnsonCHR

We will be back to the usual diet of BarnabyisRight tomorrow.

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