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It’s a fucken Scandal that this isn’t a bigger fucken Scandal..!

August 1, 2017

Murdoch2-1-e1500620476841

The following article is by John Birmingham and originally appeared at Fairfax

Pay TV?  We’re all paying for Foxtel – to the tune of $30 million.

It’s hard to believe, but it looks like the Turnbull government is going to get away with its $30 million backhander to Rupert Murdoch.

I know life comes at you fast these days, but it seems odd that the story of the undocumented grant to Foxtel is going to recede into the fog of winter.

That would be a shame. So let’s remind ourselves of this delicious little scandal before it disappears down the memory hole forever.

Less than two weeks ago the ABC made an FOI application for documents relating to a $30 million grant to Murdoch’s pay TV business.

The money, to be paid over two years, was to “support the broadcast of underrepresented sports … including women’s sports, niche sports, and sports with a high level of community involvement and participation”.

The socialist troublemakers at the ABC were presumably hoping to turn up some tasty little nuggets of information about how Murdoch might spend the money and how the decision was reached to fatten his wallet instead of, say, the ABC or SBS, which exist in part to do exactly this sort of work.

Foxtel is a large, wealthy private business, and it did just score a sweet 30 million, so it seems reasonable that they should explain what they intend to do with your money.

But they haven’t yet, and seem disinclined to do so any time soon.

The government, always keen to keep onside with the maximum Sith Lord, is likewise refusing to explain how it came to gift a media giant that doesn’t pay any tax, with a lazy 30 million dollars lifted from the back pockets of those long-suffering mug punters who do.

The Communications Minister Mitch Fifield mumbled that, “This was a decision of government, announced in the budget as part of the media reform package”, which is the equivalent of saying “This was a decision to give Rupert some money, announced in the budget as part of our plans to give Rupert some money.”

This just in … Rupe’s not short of a quid. Foxtel might be suffering from the arrival of much cheaper and arguably better streaming services such as Netflix and Stan, but the solution to that problem isn’t corporate welfare. It’s providing a better service at a reasonable price.

Given that Foxtel, like all Murdoch companies, is something of a black box – billions of dollars flow in, no discernible tax payments leak out – it’s unlikely we’ll ever know what became of that $30 million.

But it’s weird, don’t you think, that there’s not a single document anywhere in Canberra that explains how they came to trouser it in the first place.

 

 

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144 Comments leave one →
  1. August 2, 2017 8:10 am

    l reckon talkbull used taxpayers $30M to shore-up favorable coverage in the Rupert-Press

    l hope fakenews and greenz pursue the 30-mill when the clowntown `break` is over

  2. TB Queensland permalink
    August 2, 2017 9:32 am

    And then we have this … between $370 and $450 MILLION of Qld taxpayers money and $1 billion of Federal taxpayers money squandered on Adani … for what?

    https://www.theguardian.com/australia-news/2017/aug/02/adani-royalties-deal-queenslands-transparent-policy-framework-kept-secret

    And I recall this … $9 billion … “given” to the RBA …

    http://www.abc.net.au/news/2013-10-23/government-gives-rba-one-off-grant/5039848

    Just a reminder that the RBA is NOT a government entity … it is a central bank exclusively set up to “save” banks! It is independent of the government and banks should be supporting it to support them!

    While the people who pay taxes earn less – and the pricks that don’t — earn more and get taxpayer support!

    If that’s not Robber Baron pillaging I don’t know what is!

  3. Tom R permalink
    August 2, 2017 11:33 am

    This is small biccies.

    It has to be remembered, turnbull destroyed OUR NBN for murdoch, under directions from abbott.

    All this hand wringing and finger pointing now is irrelevant. We got what was ordered by our true boss.

    http://www.abc.net.au/news/2010-09-14/abbott-orders-turnbull-to-demolish-nbn/2260320

  4. Shane in QLD permalink
    August 2, 2017 11:51 am

    The points to be stated at the next election are starting to grow in such numerous ways to counter the absolute hypocrisy of the Abbott/Turnbull governments actions over their actual words and promises to the electorate.

    They deserve to be annihilated as the deception and theft continues unabated in the name of ideology and profit. F*ck the voters and f*ck their welfare and F*ck their future. It all has to go to the donors and the top.
    We need casualization of the workers to stop paying sick leave and annual leave.
    We need to sell of everything to make sure the workers own nothing and our big donors own it all.
    We need to destroy the Unions so the workers have no idea about their rights, or how they can become strong when united and stick together.
    We DO need Unions for Farmers, Doctors and other big donors as they deserve a Union whereas the shithead little worker deserves nothing but contempt for even trying to improve their lives.
    WE now don’t need to worry about the deficit because we can afford $50 BILLION tax cuts to the rich.
    However once that tax cut is through lets watch the deficit rise and then the usual attack on the unemployed, disabled, poor and low paid being sponges and bludgers and we need to deny them any benefits at all while gifting money to Murdoch.

  5. TB Queensland permalink
    August 2, 2017 12:42 pm

    Join the REVULSION!* Today!

  6. August 2, 2017 1:15 pm

    Shane and Teebz. l absolutely agree with your points on how fcuking dud the zombies are. No doubt. But look at blib and the repug crap. You watch, blib has now dropped his pants around his ankles and bent over; and the teabags and limited-news will tailgate him to to the next election with it. #FFS.blib

  7. August 2, 2017 2:09 pm

    “” It all has to go to the donors and the top.””

    Yep, and now they don’t even bother trying to pretend that it’s not.

  8. Tom R permalink
    August 2, 2017 3:12 pm

    Here’s a devastating take down of our lost medicare system

  9. August 2, 2017 4:08 pm

    That republican senator looks like a real prick.

  10. Tom R permalink
    August 2, 2017 9:11 pm

    That’s a terrible thing to say about pricks reb!

  11. armchair opinionator permalink
    August 3, 2017 1:00 am

  12. Shane in QLD permalink
    August 3, 2017 5:41 am

    Not just a real prick reb, a vulture just looking to blame a public system so he can get f*ck knows how much in donations from the profit at all cost private health companies. A true arsehole for the majority.

    Do we think the Greed can be turned around or have we gone beyond the breaking point.

  13. shaneinqld permalink
    August 3, 2017 5:51 am

    Classic example of this extreme capitalism and greed at all cost happened to me yesterday.

    I get a letter from my SMSF accountant telling me that my Quarterly bill in advance is going up to $445 per quarter.

    Three years ago it was $302.50 per Quarter. That is a 47% increase in 3 years.

    I emailed them back saying that this was outrageous having an increase of 47% when there has been virtually no wage increases and inflation has been minimal and I will be looking for a new accountant during this financial year.

    Within 30 mins they come back with an offer of $335.00 per Quarter fixed for 3 years.

    Just shows that it is all about greed and screw the customer so hard until he reacts.

    Problem is I absolutely detest those type of morals. Why are they suddenly; able to charge me 32% less than their letter. Not 5% or 10% but 32% less.

    Obviously the fee has no bearing whatsoever on the cost.

    Like most accountants they charge the same as surgeons for work that could be outsourced overseas like so much that has been done by their clients on accountant advice.

    I do not care if they come back with a fee of $5 per quarter they have done their dash. Moving on but where to the majority are now greed machines and nothing less. Giving a donation to a charity while screwing your clients for more money is the height of hypocrisy in my opinion.

  14. shaneinqld permalink
    August 3, 2017 7:14 am

    Finally someone has realised that privatisation and outsourcing of Airport Screening, Security, Catering, Baggage Handling and Runway Services was not a good idea.

    When you have pilots subjected to security screening, while Screening Officers, Security Guards, Catering, Baggage Handling and Runway Services being able to enter and exit areas with no screening whatsoever it is very unsettling. Shows that our security is not the main area of concern, but rather the profit that can be generated by outsourcing to private companies with casual employees with a high turnover.

    Jeff Kennett is a classic example of this outsourcing disease as he is now in the process of destroying jobs that are full time and well paid while replacing them with lower wages and benefits. The man is a scum sucking drain on the public purse helping himself to a pension from our taxes while fucking the employees who pay the tax to pay for his stinking lifetime pension. Hypocrisy thy name is Kennett.

  15. shaneinqld permalink
    August 3, 2017 7:27 am

    Once again proof that there is far more dishonesty in business than in the Unemployed, Poor, Disabled and Low Paid. No doubt there will be usual LNP spin and silence.,

    http://www.brisbanetimes.com.au/business/bunnings-caught-up-in-massive-tradie-tax-fraud-amid-calls-for-abn-overhaul-20170802-gxnmz4.html

  16. armchair opinionator permalink
    August 3, 2017 7:41 am

  17. TB Queensland permalink
    August 3, 2017 10:34 am

    Do we think the Greed can be turned around or have we gone beyond the breaking point.

    Not if we can recruit more Canadian doctors like the one above!

    ++++++++++++++++++++++++++

    Been crook the last week or so, first head cold in a decade! Shaken but not stirred …

    ++++++++++++++++++++++++++

    Melbourne seems noice …

    http://www.news.com.au/national/victoria/news/melbourne-commuter-train-catches-fire-close-to-flinders-st-station/news-story/9fa8827d6a0b0157bbfb169e2f17c450

    +++++++++++++++++++++++++++

    Problem is I absolutely detest those type of morals. Why are they suddenly; able to charge me 32% less than their letter. Not 5% or 10% but 32% less.

    Not new, Shane, I remember pulling my super out of National Mutual over a similar incident many years ago (I’ve never had compulsory super) they too reduced a fee when I challenged them – on principle I put it into Suncorp and recovered the loss+ within 3 months – then Suncorp started taking their fee as soon as I deposited a lump sum, on top of high trailing and management fees – slipped that noose and have been happy member of Sunsuper since 2000 …

    +++++++++++++++++++++++++++

    Its the simple things too …

    On my daily walk usually 5clicks I go through a local park … a couple of plovers nest there every year and have just had four chicks … yesterday a pot bellied 40+ and his father wandered up the footpath with two white fluffy terriers – off leads …

    The conversation went something like this:

    Me: Mate, can you put your dogs on leads these birds have four chicks …

    Son: Nah, they won’t hurt anyone, ‘ave a look at ’em

    Me: They may not hurt you, they’re your dogs … but the chicks may be a bit different

    Pop: Ah, let the dogs have a run …

    Me: Your dogs might be OK but then everyone expects to let their dogs off too …

    And you are aware that there is a three hundred dollar fine – for each dog? The signs are pretty clear

    Pop: That’s alright we’ve got the leads here (as he waves two leads in the air!)

    At this stage I thought I’d said enough! For my health!

    Shakes head walks away!!

  18. Shane in QLD permalink
    August 3, 2017 11:48 am

    TB

    I have a terrible flu at the moment as well. Caught it while down in NSW.

  19. TB Queensland permalink
    August 3, 2017 12:11 pm

    How many more of these corrupt “privatisation” scams been missed in the past?

    Its pretty accurate to say now that:

    1. Trickle down economies – don’t …

    2. Privatisation … is actually “legalised” theft …

    https://www.theguardian.com/australia-news/2017/aug/03/icac-finds-that-eddie-obeid-joe-tripodi-and-tony-kelly-engaged-in-corrupt-conduct

    I hope they all end up in jail for a long time!

    They did it in Queensland with a Mines Minister … !

  20. August 3, 2017 3:16 pm

    Well this is interesting…

    Time for a royal commission…??

    http://www.abc.net.au/news/2017-08-03/cba-risks-massive-fines-over-law-breaches/8770992

  21. TB Queensland permalink
    August 3, 2017 3:31 pm

    Just read the article, sreb!

    Agree it is interesting … especially highlighted by the 4 million transactions they DID report … and 53,700 “slip” through a $237 million monitoring system! (How much!)

    +++++++++++++++++++++++

    I have a terrible flu at the moment as well. Caught it while down in NSW.

    Sounds like Mexican flue, Shane … not allowed across the QueenslandER! border.

    Rum Toddy … tall glass – shot of rum (must be Bundy!) – two teaspoons of honey – dilute to taste with hot water (some whimps put a slice of lemon in too(juice will work of course) …

    Sip just before bed and sleep well …

  22. shaneinqld permalink
    August 3, 2017 3:52 pm

    Been time for an RC since the privatisation of the CBA reb.

  23. shaneinqld permalink
    August 3, 2017 3:57 pm

    Yep and that same bank has the audacity over the last few years to accuse brokers of less than exemplary conduct when dealing with clients.

  24. Tom R permalink
    August 3, 2017 4:31 pm

    Rum Toddy … tall glass – shot of rum (must be Bundy!)

    While that sounds nice, not sure if it has actual medicinal qualities TB, except of course for that warm after glow 😉

    shaneinqld, it may be too late now, as this works best when you first feel the onset of the flu.

    A glass of diluted (heavily in my case) Apple Cider Vinegar

    cleans it out in the most brutal fashion, but cleans it out it does.

  25. August 3, 2017 4:54 pm

    I find that a litre of red wine is a handy cure all for most of life’s ailments.

  26. armchair opinionator permalink
    August 3, 2017 5:13 pm

    Also when you first feel symptoms of cold/flu, this regime will reduce the length and severity of it.

    Take Blackmores ZinvitC250 [about $8 from chemist]

    3 x tabs on day 1
    2 x tabs on day 2
    1 x tab on day 3 and then cease.

    Take with food or you might feel sick.

    I can feel the symptoms easing on the first day.

  27. shaneinqld permalink
    August 3, 2017 5:29 pm

    So should I have TBs remedy then Tom Rs, eat something, and then AO remedy and finish off with rebs which will knock me right out 🙂

  28. TB Queensland permalink
    August 3, 2017 5:48 pm

    Been time for an RC since the privatisation of the CBA reb.

    Too big to fail! My arse … cheating companies fail all the time (even good ones!)

    BUT! CEO’s and executive managers and DIRECTORS (incestuous lot that they are!) need to GO TO JAIL!

    As we all know a RC into the Financial Industry (its not a professional’s bum hole!) is long overdue …

    +++++++++++++++++++++++++

    for that warm after glow 😉

    Have you ever had a head cold or flu? If I recall you’re a Mexican loike sreb (the ex Taswegian – deep south!) … and you lot are full of it! 😉

    Who doesn’t want a “warm glow” when you’re two steps from deaths door! Sheesh!

    And I see the sreb is still ‘ammerin’t sheeraz … chuckle!

    ++++++++++++++++++++++++++++

    Take with food or you might feel sick.

    LOL! I know I shouldn’t, KL, ’tis serious stuff (apart from sreb’s contribution … 🙂 ) but we are alreadt fkn sick! LOL!

    +++++++++++++++++++++++++++++++

    … and finish off with rebs which will knock me right out 🙂

    sreb, has that remedy daily so can’t guarantee it … I only drink rum when I’m poorly … I do drink Apple Cider Vinegar – The Minister is the local witch doctor but we take it regularly as a drink with honey (notice a theme here) and water on our daily walks about once a week – didn’t fkn work this year, hey! TR’s right tho’ don’t work as a med its more of a ongoin’ sort of thing …

    And as for, KL, well she’s just a member of the medical profession … what can I say!

    My Grandma used to say, if it tastes awful it’s working … what shyte! Love ya Gran!

    RUM TODDY tonight and report back tomorrow! 🙂

  29. TB Queensland permalink
    August 3, 2017 5:49 pm

    Grandson’s birfday tonight – twenty fkn seven!!!

  30. armchair opinionator permalink
    August 3, 2017 7:01 pm

    …BUT! CEO’s and executive managers and DIRECTORS (incestuous lot that they are!) need to GO TO JAIL!…

    For sure, it’s the only way we can rein in the corporate cowboys. Time to do something about the useless regulators in this country.

    …but we are alreadt fkn sick! LOL!…

    Yes, but if you take the tabs on an empty stomach, you’ll feel nauseated and worser sick 🙂

  31. August 3, 2017 7:22 pm

    Ha Ha, spot-on Shane. The ports and airports are definitely a tewwa security risk.

    Do __we think the Greed can be turned around or have we gone beyond the breaking point__

    Gone beyond, no doubt. Sooner or later the bubbles will burst and make 1929 look like a golden era. Take a look at the hilda report. lt says all the stuff l`ve been saying for years now.

    l wouldn`t put an `economic` breaking point ahead of a civil disaster causing `riot` breaking point; or super-bug/toxin pennicillan shortage breaking point; or pollution/enviro breaking point tho. We just have to wait`n see.

    The stupid, corrupt, greedy idiots we have in charge (globally-included) do not possess the intelligence to fix any of the problems coming at us. lnstead, they tear-down, sell-off or mangle the tools we need to fix the problems.

  32. armchair opinionator permalink
    August 3, 2017 7:50 pm

    …lnstead, they tear-down, sell-off or mangle the tools we need to fix the problems…

    yep, they are bought and sold, owned by big business before they even enter parliament, remember the public can’t choose who represents us, we can only vote for the party’s choice. We never had a chance.

    It’s get in, give the donors as much taxpayer funded loot and future spoils as quickly as possible before voted out again. The whole system is set up so the voters have no say and no power over any of them.

    …So should I have TBs remedy then Tom Rs, eat something, and then AO remedy and finish off with rebs which will knock me right out…

    Just post something nice and early in the am so we know that you’re alert and conscious or we’ll call 000! 😵💉🚑

  33. August 3, 2017 8:18 pm

    Working example Shane. The teabumpkins want `certainty` around `when` to plant crops, and they think the csiro should be helping them (-:

    http://www.abc.net.au/news/2017-08-03/australia-needs-more-climate-scientists-review-urges/8767004

    OR

    __This year, Earth Overshoot Day is marked globally on August 2. For the rest of year we’re in the burning red.

    It’s the point when the amount of natural resources; think trees, fish and water; humanity takes from the Earth reaches the total that can be regenerated over the entire year__

    http://www.abc.net.au/news/2017-08-03/earth-overshoot-day:-today-the-earth-goes-into-the-red/8770040

  34. Shane in QLD permalink
    August 4, 2017 8:50 am

    Conscious but still feeling like crap. I have to admit though that every suggestion had an ingredient that I don’t have at home (yes reb not even a litre of wine) and I lacked the energy to go in to town. Still lack the energy to drive.

    TB = No rum in house
    Tomr R = No Apple Cider Vinegar
    reb = No wine.
    AO = No Zinvit

    Might try and get in to town over the weekend. Don’t want to be giving it to everyone.

    Had a Lemsip before bed and slept badly just like the last few days. Will just have to battle my way through.

    Now to read the latest comments on here 🙂

  35. Tom R permalink
    August 4, 2017 9:00 am

    This is dynamite!

    Depends who you ask reb

    Although, this is a good follow up question 😉

  36. Tom R permalink
    August 4, 2017 9:10 am

    Yep, turnbull confirms that we are holding people (who he says have been vetted) indefinitely for purely political purposes. He clarifies that the ‘deal’ with the us is meaningless, and this is how the lolstrayan sees it. 😯

  37. shaneinqld permalink
    August 4, 2017 9:21 am

    reb

    Donald Trump actually reminds me somewhat of Joe Bjelke Peterson. Don’t you worry about that type attitude. We are doing things. We are working hard. We will get it done. We are honest. All the while corruption and deception is rife under the façade of normality. Being seen to have developing going ahead full steam while, paybacks, payoffs, heritage building destruction and environmental decimation being the other outcomes of the way parliament operated in that era.

    Trump seems to operate exactly the same way while hoodwinking voters into seeing smoke and mirrors results.

  38. shaneinqld permalink
    August 4, 2017 9:32 am

    Drain

    When the deniers are in control through manipulation and donations the environment will suffer. Farmers are their own worst enemies, even those who believe in climate change cannot bring themselves to vote for their livelihood by voting out an LNP member to force change.

    When their soil is devoid of nutrients and it is salted due to erosion. When their dams dry up or their area becomes a massive flood zone. When their stock die of drought more often and their the flooding rains wash their soil away. When it attacks their hip pocket to the degree they cannot keep up with the Jones, only then will we see concerted action.

    In the meantime there will be those slowly changing and doing the right thing because they know it is true, however they will remain muted and gradual in their actions to avoid the hysteria of the shock jocks and Murdoch attack media who would belittle them. In addition they could lose the support of their community which is a major component of rural life.

    What disgusts me is those who pour scorn on those who disagree in relation to climate change yet are the same people that say we must stick together and support each other when it comes to terrorism and security issues.

    There is no bigger security issue for a farmer than their land and to be misled by the deniers is a fatal mistake many will regret, but like the destruction of the railways, decimation of federal services, deregulation of industries and privatisation of publicly owned assets all causing massive job losses and skyrocketing charges for services in rural towns (happening mainly under the LNP) it will always be the ALP or the Greens or the Independents fault and never the instigators of these terrible decimation actions for the rural community in the eyes of these people.

  39. TB Queensland permalink
    August 4, 2017 11:44 am

    Do any other cities have privatised building approval “certifiers”? (Or just QLD)

    ie The local councils don’t approve buildings and or renovations they “employ” private contractors to “certify” buildings and plans for the council … another layer of cost …

    … and added stupidity …

    … my daughter is currently renovating a 35yo home … she wanted to put down tiles – which meant the floor to ceiling height would be 10mm short of regulations (because of the fibre/cement underlay) … approval refused!

    10mm? 35yo? And thousands of $$$.

    And retro legislation …

    ++++++++++++++++++++++++++++++++++

    Might try and get in to town over the weekend. Don’t want to be giving it to everyone.

    Get the rum, Shane!

    BTW, my understanding is that a flu or cold is “spread” three days before you know you have it and five days before it clears (and you don’t know when, do you?)

    Finally … I know you’re unwell but the quote above is rather funny if you read it again …

    Get Well Soon! ^^’

  40. armchair opinionator permalink
    August 4, 2017 1:22 pm

  41. August 4, 2017 4:53 pm

    Do __any other cities have privatised building approval `certifiers`? (Or just QLD)__

    # ,, bananaland aint alone teebz, on the last few posts l dropped info on boltsville `outsauced-inspectors` by the VBA, which seems to be their equivalent, l haven`t checked for jonestown, but from my experience they can`t resist riding the imbecile train either!

    # ,, did everybody catch the nooze that `torch-tower` in da-emirates had its 2nd burn-off of inferno-cladding today? #still.not.learning

    +

    Yes Shane, l absolutely agree that teabumpkin voters are the dumbest bunch of bleating boofheads in the nation (-: (-: (-: (-: (-: Get better mate.

  42. August 4, 2017 5:03 pm

    Is anyone else seeing these rather distasteful ads appearing on the site?

    At first I was concerned – I mean, heck I didn’t put them there, but they do kind of fit in with the overall gutter level theme of the site I suppose…

  43. August 4, 2017 5:59 pm

    Is __anyone else seeing these rather distasteful ads appearing on the site?__

    # ,, LoLs all round l`d say reb. The single straight dude kills ad-scripts and never sees any ads anywhere. And WTF are hot ruski chicks gunna do for the blog owner, fetch him a vodka? (-: (-: l`m sure the advertisers are getting their moneys worth. (-: (-:

    +

    __floor to ceiling height would be 10mm short of regulations__

    # ,, get your daughter to measure floor to ceiling in (tiled) kitchen. Then go measure, living-room, hallway, main-bedroom. ls the ceiling height the same in ALL areas??? Hint, renovated kitchens often have the ceiling lowered to minimum. EG an `original` 9-foot building may have an 8-foot kitchen ceiling. Could be possible to raise kitchen ceiling if she `really` wants the tiles, and got the cash.

  44. TB Queensland permalink
    August 4, 2017 6:42 pm

    Could be possible to raise kitchen ceiling if she `really` wants the tiles, and got the cash

    The tiles were to be right thru’ the home … we have recently put 600mm porcelain tiles thru’ ours …

    All done, tbagz! It’s really fkn stupid – should have heard her bro’ rant! (on her behalf)

    Ended up putting bamboo down … looks nice but I’m dubious about longevity (I’d advised her to just do the reno and then get the tiling done …

    +++++++++++++++++++++++++++++++

    Is anyone else seeing these rather distasteful ads appearing on the site?

    Nup! But then all ads are blocked on my computer … get yourself Kaspersky! (best Aussie protection)

  45. August 4, 2017 7:23 pm

    “”WTF are hot ruski chicks gunna do for the blog owner, fetch him a vodka?””

    LULZ, not that there’s anything wrong with that.

    It does give the blog a kind of Tarantino grunge edge to it which i don’t really mind tbh.

  46. armchair opinionator permalink
    August 4, 2017 7:31 pm

    When it attacks their hip pocket to the degree they cannot keep up with the Jones, only then will we see concerted action.

    …yeah, rushing straight to the govt for handouts, loans and welfare.

    Did you know that queensland sugar ltd. is a registered charity and that the canegrower’s through legislation have forced millers to market their sugar through QSL?

    PC scathing of Qld sugar industry’s “dependency psyche” & “back to the future” re-regulation
    https://queenslandeconomywatch.com/2017/07/31/pc-scathing-of-qld-sugar-industry-dependency-psyche-back-to-the-future-re-regulation/

  47. armchair opinionator permalink
    August 4, 2017 8:05 pm

    The best thing you can do is have the flu jab every year.

    Influenza control guideline
    http://www.health.nsw.gov.au/Infectious/controlguideline/Pages/influenza.aspx#2
    Mode of transmission

    …Influenza virus are most commonly spread from person-to-person by inhalation of infectious droplets produced while talking, coughing and sneezing. Transmission may also occur through direct and indirect (fomite) contact. Aerosol transmission within confined spaces may be important. The virus may persist on hard surfaces for 1-2 days, particularly in cold or low humidity conditions. The virus may remain viable on hands for 5 minutes.

    Incubation period

    The incubation period for infection with influenza ranges from 1 to 7 days, commonly 2-3 days.

    Infectious period

    Patients may shed influenza virus for up to 24 hours (1 day) before onset of symptoms and until 7 days after the onset of symptoms. Viral shedding in adults peaks in the first 1 to 2 days after symptom onset, then reduces to very low levels by 5 days after onset of symptoms. Not all cases of influenza infection exhibit fever, but when it is present, it is correlated with viral shedding.

    Children and younger adults may shed influenza virus for 10 or more days, and immunosuppressed persons may shed virus for weeks. However, the ability to transmit infection is likely to be higher when respiratory symptoms are present.

    Patients are considered no longer infectious if 24 hours have elapsed since the resolution of fever, provided either:

    have received 72 hours of anti-influenza medication or
    5 days have elapsed since onset of respiratory symptoms…

  48. August 4, 2017 8:09 pm

    Usually l`m a stickler for regs, codes, rules, standards and laws around safety teebz. But l`m buggered if l can work-out why the floor being 10mm closer to the ceiling is a fcuking problem. The anal-retentive building inspector/s would have done a lot better ignoring the 10mm and, say; making sure the brand spanking new bananaland hospital was NOT covered with inferno-cladding!!!

  49. armchair opinionator permalink
    August 5, 2017 1:12 am

  50. armchair opinionator permalink
    August 5, 2017 1:41 am

  51. TB Queensland permalink
    August 5, 2017 8:47 am

    The sooner this bunch of fascist thugs is turfed out the better …

    https://www.theguardian.com/australia-news/2017/aug/04/centrelink-accused-of-threatening-people-using-letters-with-police-logo

  52. TB Queensland permalink
    August 5, 2017 8:54 am

    The best thing you can do is have the flu jab every year.

    Agree, KL! Staunch supporter for a number of years now …

    Still you can’t stop a good old head cold … I recall being told that the older you get the less colds you would get … your body works up resistance to different strains.

    +++++++++++++++++++++++++

    But l`m buggered if l can work-out why the floor being 10mm closer to the ceiling is a fcuking problem.

    Neither can we … anal is right!

    As I said you should have heard my son … very colourful 30 seconds …

  53. TB Queensland permalink
    August 5, 2017 8:57 am

    OR!

  54. TB Queensland permalink
    August 5, 2017 5:22 pm

    Lateline to go!

    7:30 shaky …

    A right wing plot?

  55. armchair opinionator permalink
    August 6, 2017 7:23 am

    Is anyone else seeing these rather distasteful ads appearing on the site?

    no, nothing.

  56. August 6, 2017 4:12 pm

    Filling __cow horns with fresh manure and burying them for six months sounds bizarre, but the substance that is dug up__

    fascinates pinkists that believe in hocus-pocus; and pig-ignorant churnalists too fcuking lazy to learn anything worth scribbling about.

    To the rest of us that do `garden`, it is just compost and vermicast (worm-crap) and the associated bugs of composting. #fcuk.they`re.dumb

    +

    l notice talkbull and blib are both out pretending they care about natives this weekend. #more.horse.shit

  57. August 6, 2017 6:43 pm

    The __Productivity Commission has just published a scathing assessment of the `back to the future` re-regulation of the Queensland sugar industry in its latest Trade and Assistance Review (see section 3.4 from p. 60). The PC considers that `large parts` of the Queensland sugar industry have a `dependency psyche`, a legacy of historic regulation they have a yearning to bring back__

    But __as the PC notes, there remains a deeper problem, and one which is largely a Commonwealth rather than a Queensland Government responsibility, the granting of charity status to QSL in 2015. This charity status means that it would be difficult for a private sector operator to compete with QSL, entrenching QSL`s position in the market__

    # ,, that`s a double-whammy armchair. First, the admission that clowntown teabag `free-trade` bleating is failing `sugar` miserably. Second, blatant clowntown corruption giving a biz `charity` status to dodge state-tax. (surely l`m wrong, there must be some queue jumping boatie or bludging leaning worker behind it all)

  58. TB Queensland permalink
    August 6, 2017 6:58 pm

    And a small slice of “on the ground” Qld politics … our local member – a disastrous minister – rang The Minister on Friday …

    “Could I put a placard in your front yard?”

    Having discussed this issue … she said ..

    “Unfortunately, no”

    “Oh, have you had a bad experience?”

    “Yes”

    HIM!

    Palaszczuk … and suspect others of her party have been induced by the thrill of big money when they FUCKED OFF! (Think Anna bLIE)

    Labor voters have a BIG problem now … a really BIG problem!

  59. August 6, 2017 10:05 pm

    l`m watching legalizing choof on sbs-vice, prime meddler justin trudeau answers all questions put to him as best he can without fudging and dodging in a sensible and sincere manner. The prime meddler of canadia is in an entirely different league to the prime meddler duds in britannia and canberra.

  60. TB Queensland permalink
    August 6, 2017 10:17 pm

    You forgot Americania!

  61. armchair opinionator permalink
    August 7, 2017 8:06 am

    The prime meddler of canadia is in an entirely different league to the prime meddler duds in britannia and canberra.

    Yes, I think I love him ❤💕

  62. armchair opinionator permalink
    August 7, 2017 10:22 am

    I agree, these corporate cowboys need to go to jail.

    Nick Xenophon: bank CEOs should face jail if found guilty of money laundering
    https://www.theguardian.com/australia-news/2017/aug/06/nick-xenophon-bank-ceos-should-face-jail-if-found-guilty-of-money-laundering

  63. Shane in QLD permalink
    August 7, 2017 11:16 am

    CBA yet another privatised capitalist disaster, emanating from a public institution that was founded on service to the public and integrity, which was thrown out the door as soo as the shareholder was no longer the citizens of Australia.

    I cannot think of 1 single privatised asset that has been of more benefit to our citizens than it was when we actually owned it.

    As for this money laundering scandal, if it was a union the LNP would be demanding full fines to destroy the union in total. I call for the full fines to be charged to the CBA even if it brings it down. It has maintained since privatisation that it no longer has a social responsibility and as such fine it in full to the full force of the law and not some secretly agreed discounted fine. Let it fail if needs be. Someone else will buy it like they always do.

  64. August 7, 2017 11:46 am

    They __made a lot of money out of this and sometimes a fine is not enough,` Xenophon told reporters in Canberra on Sunday. `Sometimes a jail term needs to be on the agenda.`

    He is working with colleagues on the issue and will consider introducing a private bill to ensure there is a chain of responsibility for big corporations.

    The buck stops with the CEO and the board, he said.

    `Right now, getting a multimillion dollar fine for the Commonwealth Bank is really a bit like being slapped with a piece of wet lettuce,` he said.

    `If you`re fair dinkum about changing the culture of an organisation, sometimes the spectre of a jail term might sharpen their thinking__

    # ,, ditto armchair, l`m highly confident shane will agree and enjoy xeno too.

    # ,, naraev proved he is just a criminal when he played willful blindness to targeting pensioners/ elderly for the insurance arm of cba, fcuk him!

    # ,, l don`t really have much faith in `austrac` as plod on the beat after 50,000 laundering events, tho shane might know more.

  65. August 7, 2017 12:16 pm

    this __money laundering scandal, if it was a union the LNP would be demanding full fines to destroy the union__

    # ,, not only that, if a community group (mooosie or not) raised a `once-off` few grand relief money for poor fcukers in iraq, syria, m-e or n-africa, and turned out to be duped by some `fighter` group, the teabags would also demand the full anti tewwa penalty/s be applied to the unwitting twit-do-gooders. 50,000 laundering events IS systematic, and yeah, NO sweet-heart deal, discounted fines. Even if it does wipe-out all shareholdings.

  66. Walrus permalink
    August 7, 2017 4:25 pm

    “I call for the full fines to be charged to the CBA even if it brings it down.”

    Gee the store that sells Stupid Ideas must be having a clearance sale today.

    Yeah wouldn’t it just be dandy if every depositor (who are unsecured creditors lost their money………….life savings perhaps gone because Shane has a chip on his shoulder)……………………what a stupid idea

  67. August 7, 2017 4:46 pm

    washpo __What is the thing with boats? Why do you discriminate against boats? No, I know, they come from certain regions. I get it__

    and __this was my most unpleasant call because I will be honest with you. I hate taking these people. I guarantee you they are bad. That is why they are in prison right now. They are not going to be wonderful people who go on to work for the local milk people__

    Well, __maybe you should let them out of prison. I am doing this because Obama made a bad deal. I am not doing this because it fits into my Executive Order. I am taking 2,000 people from Australia who are in prison and the day before I signed an Executive Order saying that we are not taking anybody in. We are not taking anybody in, those days are over__

    # ,, and it hilariously shows how `deep-looney` the clowntown teabags are when teh-usa can`t understand the lunacy.

    # ,, l don`t think too many boaties will get past the extreme vetting and out of the gulags tho.

  68. TB Queensland permalink
    August 7, 2017 4:47 pm

    … what a stupid idea

    So what do YOU suggest?

    Hint, “duty of care” … 😉

    ++++++++++++++++++++++++++++

    Speaking of stupid, The Minister has to have an MRI and scan and just received an Information Sheet … last line “If you have not received an Information Sheet please ask for one when you attend” …

  69. August 7, 2017 4:55 pm

    Swooping in to seek kudos for defending `depositors`; yet not a drop of blubbering on behalf of `depositors` when the boardroom rips`em off. Can you blubber `hypocrisy`?

  70. Walrus permalink
    August 7, 2017 6:01 pm

    “So what do YOU suggest?”

    The first thing I would suggest is not floating stupid ideas.

  71. August 7, 2017 6:02 pm

    Funny as fcuk on my abc24. The gay marriage teabag meeting isn`t going well for the talkbull puppet. The teabags won`t budge from their plebisite crap, john-w still has the puppet painted into the corner. The stupid fcuking zombies have spent more time upholding the `phobia` than any other topic. #idiots

  72. TB Queensland permalink
    August 7, 2017 6:11 pm

    The first thing I would suggest is not floating stupid ideas.

    What’s your sensible idea?

    +++++++++++++++++++++++++++++++++

    The stupid fcuking zombies have spent more time upholding the `phobia` than any other topic.

    I’m currently reading “Jerusalem” (a history – of a city that’s 5000 years old)

    I can assure you – nothing is new (unfortunately) … only the players change … but the hold on politics (and therefore people’s lives) that religion has, is stupidly incredible … The Catholic Church and its Acolytes, led by the zealot The Mad Abbott are holding a nation to ransom and in real terms destroying the economy (if the government ever had any policies).

    Do politicians serve the people? Or religious rantings?

    And I’m called a bigot? FMD!

    If Howard could change the law with a pen and a few swift words why can’t TurnAbbott?

    We are still secular as a nation aren’t we?

  73. TB Queensland permalink
    August 7, 2017 6:16 pm

    Weak as piss!

    http://www.news.com.au/national/politics/marriage-equality-rogue-liberal-mps-open-to-postal-plebiscite/news-story/cdb8be8dfe13149dd024139aee366a80

    Kicking the can …

    Just a political smokescreen! And I expect that 53% – 47% lead to get wider (hope springs eternal) …

    Imagine these boofheads running the show (cough cough) in 2008!

  74. August 7, 2017 6:21 pm

    You wouldn`t have a fcuking clue knowing good-ideas from `crap-ideas` blubbers. You have fallen for every mindless teabag talk point ever put out. You`re one of our silly cnuts that always bleated `red-tape` for safety-laws, and they needed `cutting`. Now correct me if l`m wrong, but don`t you live in one of the 2000 structures in the state covered in Grenfell-type `inferno-cladding`. Which of course, if it does go all grenfell on`ya, then building and contents insurance IS void. #bright.boy.of.palm.beach

  75. August 7, 2017 6:44 pm

    The Minister has to have an MRI

    Hope everything is ok TB.

  76. TB Queensland permalink
    August 7, 2017 6:57 pm

    Yes, sreb, all well – just a check up after a couple of bee stings and – DO NOT use a product called Efferdex (for skin cancers) … thanks for asking …

    The bees are gone … but we did nick 10 kilos of magnificent honey …

    Long story … all’s well now … 🙂

  77. In_the_sticks permalink
    August 7, 2017 8:20 pm

    TB are you talking about Efudix ?? I’ve used it before, about to start a second crack at my face shortly. It can leave you a bit raw, but it’s good for getting rid of pre-cancerous skin damage, before it turns nasty. Are you having issues with it or something ??

  78. TB Queensland permalink
    August 7, 2017 10:07 pm

    Yes, sticks … Efudx … my bad.

    All I can say is that you should double check with your doctor and get him/her to scrutinise the “ingredients” …

    Its pretty awful stuff actually …

    Can’t/won’t comment further – for obvious reasons.

  79. shaneinqld permalink
    August 8, 2017 5:33 am

    Watched the Four Corners episode last night. What a depressing programme once again showcasing the greed and total disregard of our communities by private enterprise. It is so plain to see that our governments have been bribed right to the end. Nothing being done for citizens and all for profit and greed.

    Once again fines not imposed on private companies. No wonder we are considered an easy target for corruption, theft, greed and ignorance all in the name of a dollar.

    Future generations will hate the baby boomers with a passion when the world is a cesspit of pollution and decay. We will be hated for taking no action, we will be hated for supporting greed. We will be hated for leaving them a world so different to what we inherited.

    As for private companies start fining them the fucking fines, including the CBA. Full fines and full action. Start shutting operators down. Prosecute to the full extent of the law like you do on any union or unemployed person.

    The unemployed are being crucified by government at the moment and benefits slashed claiming we can no longer afford them.

    That’s because donor mates and bribery and corruption are denying governments income, all with the governments consent and full awareness.

    I hope people wake up and demand from both sides action.

    How anyone in NSW could vote the LNP at the next election after the water and now waste scandals is beyond me. Corruption to the top.

    How anyone in QLD can vote LNP after the removal of the waste levy which has created a dumping ground in our own backyard is beyond me. Donors repaid in spades for 3 years in power.

    How anyone can vote for QLD ALP if they don’t take action now to stop this is beyond me. Anna wake up and take action now instead of saying there are no plans at this stage to do anything.

    Just shows not voting for either of this lot at least gives me a clear conscience on my own vote.

    The duopoly, once again fucking us and future generations.

  80. shaneinqld permalink
    August 8, 2017 5:41 am

    TB

    Glad to hear the minister is OK.

    My own flu seems to be breaking, finally.

  81. Tom R permalink
    August 8, 2017 9:13 am

    As for private companies start fining them the fucking fines, including the CBA. Full fines and full action

    I AGREE!

    The CBA is NOT ‘too big to fail’. They are just another company, who broke the law.

    My biggest peeve is these companies (like 711) who underpay for years, yet get a slap on the wrist. What about all the small delis (milk bars to foreigners) that went out of business because they couldn’t compete with CROOKS! Do they get anything?

  82. Walrus permalink
    August 8, 2017 10:48 am

    I see the The Truly Stupid Ideas Shop is doing a roaring trade this week. I hope its almost sold out as things could not get any dumber around here.

    Anyone advocating a bank failure with its consequences for thousands of deposit holders being individuals, who comprise pensioners, small businesses and super funds big and small is truly a worthy candidate for a medal for the Monumental Moron of the Year 2017.

    And can toy with your monumentally stupid ideas but I can almost guarantee anyone on either side of the Left or Right divide will not advocate that and anyone who actually knows anything about finance is not going to advocate it.

    Why ?

    Because it is so preposterously stupid only the Lefty residents of this Blog would support it.

    And I do advocate the imposition of a large fine that would shake the shareholders up to there bones (dividend wise). The CEO Narev must go as should a number of his execs.

    As for the Board they could lose their jobs anyway as they are pretty close to 2nd rejection of their remuneration report if I remember correctly. This could see the end of them.

    Thankfully my SMSF does not hold any CBA shares. Reason ?

    I actually think Ian Narev looks fucking “shifty” as funnily enough.

  83. Shane in QLD permalink
    August 8, 2017 11:35 am

    Tom R

    The actual fine for the CBA breaches totals $96,600,000,000. So how about we only charge them 10% which is $9,600,000,000. Now this is actually only 1 years profit for this monolithic company.

    I can imagine all the rednecks who scream about terrorism and defence now keeping quiet as hell because a privatised company has aided and abetted the movement of terrorist funds through not reporting to Austrac. If I did not report 1 reportable transaction I would be stripped of my licence and all Banks would drop me like a hot potato from their accreditation.

    We have over 53,000 breaches here over numerous years.

  84. shaneinqld permalink
    August 8, 2017 11:38 am

    Correction the fine is $966,600,000,000 and 10% is $96,600,000,000. So this is 10 years profit. Maybe they can pay 50% of their profit each year over a 20 year period. That would help reduce the deficit and make an example of a greed ridden culture.

  85. shaneinqld permalink
    August 8, 2017 11:41 am

    You make an example of someone by charging them the full costs of the fines, not by kissing their arses and whipping them with some limp lettuce leaf of a fine.

    No doubt pressure will be exerted by the LNP behind the scenes for a limp wristed petty fine just like their total inaction over 7/11, Caltex, Dominoes etc etc.

  86. August 8, 2017 11:58 am

    Ya full of crap blubbers. A fine imposed on witch-bank goes straight to owners-equity(stock/shareholders) NOT any of those other equity holders. The crimes after all, were commited to benefit `owners`, by agents of the `owners`.

  87. Walrus permalink
    August 8, 2017 12:04 pm

    “The Truly Stupid Ideas Shop” has obviously received a new delivery

  88. shaneinqld permalink
    August 8, 2017 12:05 pm

    Drain

    Owners/Stock/Equity/Shareholders should pay. They usually cheer and promote management that makes a profit no matter how that profit was obtained with illegalities being conveniently overlooked on many occasions. Major super funds with massive voting rights are usually sucked up to by management to ensure their obscene salaries and share options will pass through at the annual general meetings which are rigged before they are even held.

  89. August 8, 2017 12:35 pm

    Correct shane, the `owners` gave agency to the boardroom, not mere customers (depositors/others) as the blubbering imbecile pretends doesn`t exist. He is also pretending investigators don`t/won`t get full access to all the crimes, or be capable of digging them out.

    +

    Hey you blubbering idiot, when YOU have said so many times `that boardrooms only duty is to shareholders` __ That is AGENCY you dumbfcuk

  90. Walrus permalink
    August 8, 2017 12:36 pm

    For those who know sweet fuck all about the world any fine would be paid by the Company itself not individual shareholders. It would then be passed indirectly onto shareholders via a cut in the dividend due to previously announced profit/dividend payout ratio and the APRA requirements for capital retention with consequental shareholder backlash at the Board and senior execs at the next AGM or alternatively to an extent onto higher charges to customers.

    What time does “The Truly Stupid Ideas Shop” shop close today ?

  91. Walrus permalink
    August 8, 2017 1:04 pm

    “The Truly Stupid Ideas Shop” obviously has a large outlet in Canberra by the look of some of the posts here.

  92. August 8, 2017 1:23 pm

    wouldn`t __it just be dandy if every depositor (who are unsecured creditors lost their money__

    # ,, you opened the stoopid shop with this, you never gave a `closing` time

    # ,, l also noticed you omitted `creditors` have priority over `owners` in winding-up a biz #teabags

  93. Walrus permalink
    August 8, 2017 1:29 pm

    “l also noticed you omitted `creditors` have priority over `owners` in winding-up a biz”

    Yeah and I also omitted the Sydney Weather Report on purpose you moron.

    Keep grasping at your stupid straws and your monumentally stupid idea of destroying the bank.

    My you truly are an idiot

  94. Walrus permalink
    August 8, 2017 1:31 pm

    If the fine is big enough depositors will lose their money you dickhead. Maybe they’ll get 1c in the dollar. The shareholders will almost always get zero.

  95. Tom R permalink
    August 8, 2017 1:54 pm

    The shareholders will almost always get zero.

    Yet you also say we should fine them?

    As for the shareholders, that’s their fault for investing in a shonky company. Maybe they can line up for criminal damages too?

    But, no company should get away with this shit just because it might upset ‘shareholders’.

    They protected the ‘shareholder’s for james hardy, but people are still dying from their products, but hey. the ‘shareholders’ are safe!

  96. Walrus permalink
    August 8, 2017 2:03 pm

    “Yet you also say we should fine them?”

    Yes…..but you dont just set out to destroy the Bank because you can like some of the idiots on here.

    A fine of say $1B would result in the slashing of dividends while not threatening the bank’s viability.

    The current Board are already on notice over last years remuneration report when a number of the Top End of Town institutions also voted it down.

    Heads need to roll and Narev should be the first plus the execs resposible for that area. Someone must have reported all this to him and if they didn’t then he should get the bullet anyway for allowing “it” to happen without knowing about it

  97. TB Queensland permalink
    August 8, 2017 2:04 pm

    Time for a Royal Commission into The Banking and Financial Industries …

    Royal Commission into The Robber Banks?

    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    Shane thanks for your comment … glad to hear you’re getting over the flu …

  98. TB Queensland permalink
    August 8, 2017 2:07 pm

    Definitely TIME!

    The embattled Commonwealth Bank is being sued by shareholders for what they say is a failure to properly disclose the risks to the business posed by climate change.

    https://www.theguardian.com/australia-news/2017/aug/08/commonwealth-bank-shareholders-sue-over-inadequate-disclosure-of-climate-change-risks

  99. Walrus permalink
    August 8, 2017 2:11 pm

    Whatever the fine is it needs to hurt materially the divident payout whether its $1B or $5B.

    And it’s not tax deductible either

  100. August 8, 2017 2:12 pm

    blubbering __and your monumentally stupid idea of destroying the bank__

    except l didn`t = lies

    +

    blubbering __If the fine is big enough depositors__

    yeah IF, a really really big straw clutching IF, that imbeciles peddle as teabag frighteners,

    and of course YOU can provide historical-evidence where the Aust-govt fined a bank to the extent it wiped-out owner-equity and creditors/depositors??? (which of course govt then had to bail-out depositors/creditors because of said `fines`)

    l really doubt you have a `working` example.

  101. Walrus permalink
    August 8, 2017 2:24 pm

    “50,000 laundering events IS systematic, and yeah, NO sweet-heart deal, discounted fines. Even if it does wipe-out all shareholdings.”

    Now who is the Liar ?

    “YOU can provide historical-evidence where the Aust-govt fined a bank to the extent it wiped-out owner-equity”

    Where did I make that claim dickhead. That’s exactly what I’m trying to avoid.

    Just fuck off Drain……….you are just a complete imbecile illustrating a total lack of knowledge

  102. TB Queensland permalink
    August 8, 2017 2:36 pm

    Whatever the fine …

    The crime is actually treason and/or aiding and abetting the enemy … in fact there was a Royal Commission held on a similar issue by the AWB selling wheat to a country our troops were fighting in then too!

    Its not about a fine its about criminal charges and jail time … and I agree Ian Narev looks fucking “shifty” … actually I think he IS shifty …

  103. Tom R permalink
    August 8, 2017 2:43 pm

    So, wally agrees with us, the bank should get fined.

    Fine 😉

  104. August 8, 2017 3:03 pm

    so-called accountant __Where did I make that claim__#wrong, chopping out part of the question, really looks like a teabag on the run, try again.

    blubbering __If the fine is big enough depositors__

    yeah IF, a really really big straw clutching IF, that imbeciles peddle as teabag frighteners, and of course YOU can provide historical-evidence where the Aust-govt fined a bank to the extent it wiped-out owner-equity and creditors/depositors???

    +

    blubbering __and your monumentally stupid idea of destroying the bank__

    NO sweet-heart deal, discounted fines. Even if it does wipe-out all shareholdings

    is NOT destroying the bank or depositors/creditors, it is just scaling back owner-equity to zero

  105. shaneinqld permalink
    August 8, 2017 3:05 pm

    TB

    An RC should be held now, but it won’t because of what will be exposed outside the actual Banks themselves.

    Tom R

    Have no idea what Walrus has said about anything or weather he agrees or not. I made a comment on a picture he posted a number of days ago in regards to showing us his brain, as it was a picture and I didn’t need to read anything. I continue to scroll straight past.

    Drain

    If it was anything to do with a union the LNP would be demanding it be closed down and prosecuted to the full extent of the law. The hypocrisy is becoming more glaringly obvious as each week of this pathetic excuse for a government continues.

  106. shaneinqld permalink
    August 8, 2017 3:21 pm

    Shit is also hitting the fan with our MPs today.

    https://www.buzzfeed.com/markdistefano/he-was-only-19?utm_term=.fvOBek87Q#.nj00Vbwr3

  107. shaneinqld permalink
    August 8, 2017 3:25 pm

    What a pathetic gesture by the CBA. Executives not to get short term bonuses. Big deal, heads and boards need to roll over this and a massive big fine. Plus all long term bonuses to be forfeited due to the seriousness and size of this action.

  108. Walrus permalink
    August 8, 2017 4:05 pm

    “is NOT destroying the bank or depositors/creditors, it is just scaling back owner-equity to zero”

    Keep going …………..every subsequent post by you demonstrates superbly your total ignorance of the Corporate world, the way the Law actually works and specifically Company liability you idiot

  109. August 8, 2017 5:40 pm

    You have blubbered a lot of `abuse-troll` comments at everybody and no `knowledge` based comments, but l am glad the penny has dropped on agency and law tho. This witchbank situation doesn`t look like a lawful boardroom legally driving the company over the cliff.

    AFR __the Financial Action Task Force (FATF), the global body that oversees money laundering and terrorist financing threats to the financial system, said prevention and intelligence are the essence of modern law enforcement__

    http://www.afr.com/business/banking-and-finance/financial-services/commonwealth-bank-safe-haven-for-criminal-activity-20170804-gxp54g

    afr __If you bring in new technology, part of FATF’s guidance is that you need to run the ruler over it in terms of money laundering and #z#-counter-terrorism financing. You have to do due diligence on your systems. Then, within that, your have to do the basic bread-and-butter things, like reporting__

    #z#- l`m rather sure that should just read `tewwa` not `counter-tewwa`

  110. TB Queensland permalink
    August 8, 2017 5:43 pm

    So, wally agrees with us, the bank should get fined.

    Fine 😉

    TR, it’s a token … people should go to jail … if they can’t control money going to our enemies …

    I claim I don’t hate anyone … and I don’t I generally detest their behaviour … and Jane Fonda is on the top of my list … I did not agree with the war and said so – however, I served during the Vietnam War – I was not deployed overseas – but other Australian diggers were … Fonda supported North Vietnam and visited Hanoi during the war … that’s treason …

    The AWB scandal was treason …

    If Aussie Diggers are put in harm’s way with even one bullet bought by crooked money or actions … its TREASON … JAIL the BASTARDS … its the only way to make them think twice …

    ++++++++++++++++++++++++++++++++++

    An RC should be held now, but it won’t because of what will be exposed outside the actual Banks themselves

    I know Shane, and that’s why I always call for a Banking and FINANCIAL INDUSTRY RC.

    “is NOT destroying the bank or depositors/creditors, it is just scaling back owner-equity to zero”

    Absolutely! Just the same as the GFC! It continues …

  111. August 8, 2017 5:57 pm

    Hard to see how the Libs can crawl back from this…

    //platform.twitter.com/widgets.js

  112. August 8, 2017 5:58 pm

    Not that it troubles me, mind you… 🙂

  113. August 8, 2017 6:43 pm

    By that reckoning teebz, all other press were treason too, yet we have a bigger, longer disaster with the iraq/me press censoring or worse, press cheering.

  114. TB Queensland permalink
    August 8, 2017 6:46 pm

    By that reckoning teebz, all other press were treason too, yet we have a bigger, longer disaster with the iraq/me press censoring or worse, press cheering.

    Please explain?

  115. Tom R permalink
    August 8, 2017 7:00 pm

    Have no idea what Walrus has said about anything

    Sometimes it’s better that way 😉

    All I know is, I read you saying you support the Banks being fined (as they should)

    wally went off

    I AGREE’d with you

    Then so did wally.

    So, we all AGREE! The banks should be fined. Fine 🙂

  116. TB Queensland permalink
    August 8, 2017 7:00 pm

    Not that it troubles me, mind you… 🙂

    Nor me … 🙂

  117. TB Queensland permalink
    August 8, 2017 7:03 pm

    So, we all AGREE! The banks should be fined. Fine 🙂

    No, TR, we don’t … senior management should be jailed … aiding and abetting ISIS is a crime … they need to be made an example of … for all the other greedy bastards destroying our world …

    Nothing is NEW! Only the actors die … and a new lot are born …

  118. Tom R permalink
    August 8, 2017 7:14 pm

    senior management should be jailed … aiding and abetting ISIS is a crime …

    I AGREE!

    IF(?) they broke the law, they should suffer the penalty

    But I didn’t think that was wally’s issue. I thought he didn’t like the thought of them being fined? Or did he not like the extent to which they may be fined under existing laws?

  119. August 8, 2017 7:28 pm

    The press showed dead gi`s and the rest of the negatives to teh-usa public, changing opinion. Unlike iraq/me, press were cheer leaders.

  120. August 8, 2017 8:11 pm

    “Nor me … 🙂”

    I think you mean “nor I”

    Just saying’.

  121. August 8, 2017 11:28 pm

    l have no problem with boardrooms in gulags for aiding financing tewwa when proven. Cassius Clay refused to go to vietnam cos `no vietnamese ever called him nigger` while panther power screamed their afros off.

    The fonda showbag did her fcuk-the-army stuff with donald sutherland and other folks expressing their freedom of war-dislike speech and press freedom. ln a time where power still intoxicated ku-klux kracker misogynists (and those indoctrinated with trainy trainy) that prefer to ignore sutherland and the rest, just not fonda.

    Had it been a white john fonda, he would be forgotton by most, just like sutherland. But when it comes to upity chicks and upity negros spanking govt-warlords, shit, they can never be forgiven, but will be endlessly punished. (and yes, when the feminista scream their tits off about the double standard against fonda, they`re 100% correct)

  122. armchair opinionator permalink
    August 9, 2017 1:32 am

    TR, it’s a token … people should go to jail … if they can’t control money going to our enemies…

    Yes, knowingly harbouring illegal activity [and it went on long after they were notified by AFP]
    should mean jail time, it would for any two bit thief that is hauled before the court. Why white collar crims are seen as good guys and good citizens is beyond me.

    Fine them real heavy, so that they have to re-nationalise the bank, I’d like to see that!.

    The pollies also think they are beyond the law, like shane, I’m sick & tired of the total disregard for the public.

  123. shaneinqld permalink
    August 9, 2017 6:47 am

    The stench of privatisation by the LNP and ALP crooks is starting to fester and puss showing for all the bad deals we have received from the free for all sell off of the asserts we owned as citizens.

    Banks, Electricity, Airports, Airlines, Water, Construction, Toll Roads,

    We are all being screwed and the government can do nothing because it sold it all off.

    The voters need to decide what they want for our future, assets for us all or greed and theft and lower wages and lower conditions for most with better conditions for a few.

  124. shaneinqld permalink
    August 9, 2017 6:51 am

    FFS

    Economists are really starting to shit me. Kochie says the share market went down because of poor profit reporting. Silent about the CBA disaster and the drag on the market. Why ? The CBA and Commsec are partners with Sunrise. Shows manipulation of reporting to suit their donors/advertisers.

    Then 2 minutes later Craig James states that Business Conditions are the best in 10 years and why?, because profits are going up.

    Bunch of lying arseholes. Cannot even get their facts straight for 5 minutes let alone 12 months.

  125. shaneinqld permalink
    August 9, 2017 7:21 am

    What this disgraceful government should be spending the $122 Million on instead of a non compulsory postal vote opinion poll. Priorities stuffed.

    http://www.news.com.au/lifestyle/gay-marriage/more-teachers-and-nurses-doubling-cancer-research-grants-what-a-122m-postal-plebiscite-could-fund/news-story/4daabbf6a7fb552122a924806ea012a4

  126. shaneinqld permalink
    August 9, 2017 7:40 am

    How about we have a plebiscite on whether the Government are a bunch of idiots for spending $122 on a plebiscite instead of spending it wisely and sensibly in other areas warranting the funds.

  127. TB Queensland permalink
    August 9, 2017 12:19 pm

    RIP GLEN CAMPBELL, 81 …

  128. shaneinqld permalink
    August 9, 2017 12:26 pm

    Agree RIP Glenn Campbell

    Also seems that the postal vote could RIP as well as it is being challenged in the high court.

  129. TB Queensland permalink
    August 9, 2017 2:25 pm

    But Malfunction TurnAbbott has told the sixth form boys off who have been playing with electricity …

    I feel so much better for everyone … not!

    The economy is sliding bit by bit … and who picks up the pieces … ?

    Apparently water rates are going up in Brisbane … people aren’t using enough water!!!

    Urban Utilities is owned by five local councils … someone sees a way to make money, methinks.

    With a 5000l and a 3000l tank we’ll probably be blamed … the reason we have solar power AND water tanks is because we don’t trust any of the bastards to supply at a reasonable price … I suspect our next big purchase will be energy storage … right now we get paid to supply electricity … our initial capital outlay was amortised in three years …

    Anyone can do it … in fact interest free loans are available … use the savings to pay of the system …

    shimples …

  130. shaneinqld permalink
    August 10, 2017 7:29 am

    Watching our beloved Treasurer try to justify wasting $122,000,000 on sunrise this morning to appease the RWNJ in the LNP was simply agonising. The man just like Turnbull know that this is a stinking mess and a massive wastage of our taxes. The so called better budget managers are sinking fast into a quagmire of deception and outright bullshit that the electorate can smell a 100 miles away.

  131. shaneinqld permalink
    August 10, 2017 7:35 am

    TB

    This is the problem with essential services being gifted to private enterprise. They want people to use more and when prices rise because people use less it becomes a vicious circle because unlike a publicly owned company a private company wants to increase its profit every single year no matter what and will hurt the vulnerable because they only give a shit about profit. Use our resources until nothing left, only perform absolute maintenance and only do it once something breaks down because preventative maintenance lowers profit and greed. Then walk away leaving the government to socialise the losses once again.

    With cash no longer being paid to staff but rather wages going direct to bank accounts the Banks have also become arrogant and totally disregarding of the society they live in. A few donations for a few million when they earn billions and pay their CEOs far in excess of their so called generous community donations shows the reality.

  132. shaneinqld permalink
    August 10, 2017 8:11 am

    Yep they have always been Christians when it suits them, not when they know what should be done in the name of Jesus and his teachings. They make me sick with their selective usage of religion.

    https://www.theguardian.com/australia-news/2017/aug/09/abbotts-obstruction-of-gay-marriage-is-a-defence-of-privilege-and-the-power-of-shame-david-marr

  133. Tom R permalink
    August 10, 2017 8:27 am

    They make me sick with their selective usage of religion.

    It’s crigeworthy isn’t it Shane, yet so ‘xian-like’

    All xians I’ve known are the same, bleeding on about dog and love, but protecting their own world view against all other versions.

    Single mothers, unemployed, drug addicts, all receive the cold nose, there are few true xians left imo.

    (I don’t include the Salvos(largely) in the above block)

    David Marr doesn’t hold back

    If only Christians fought like this for refugees. Imagine if the Coalition’s big men of faith threatened to tear down their own government unless it brings home the wretches we’ve imprisoned in the Pacific.

    Surely there couldn’t be a greater service for Christ?

    Or what about crossing the floor for the poor, the homeless, for battered wives and illiterate Aboriginal kids. No. What excites these Christian warriors is beating up on gays. I’ve watched it all my life.

    Neither does Bruce 😉

    I’ve lived in filth, I’ve lived in sin.
    And I still smell cleaner than the shit you’re in

  134. armchair opinionator permalink
    August 10, 2017 9:45 am

    …Yep they have always been Christians when it suits them, not when they know what should be done in the name of Jesus and his teachings. They make me sick with their selective usage of religion…

    Thanks for that great article shane. David Marr is one of the best in the business and he really got into the nuts and bolts of ‘religious rent seeking’

    i long for the day that religion is not given taxpayer funding or any special treatment or protections by parliament. When you look over our parliament [both sides] the place seems to be crawling with those representing religion before the public, it’s time that they were all outed and their religious affiliations well known before we go into the voting booth.

  135. armchair opinionator permalink
    August 10, 2017 9:55 am

    Will you boycott or vote reb?

  136. armchair opinionator permalink
    August 10, 2017 11:11 am

    Sydney crime arrests: the inside story of corruption in Australian Border Force
    http://www.smh.com.au/national/sydney-crime-arrests-the-inside-story-of-corruption-in-australian-border-force-20170809-gxsuka.html

    …Two members of a cell of allegedly corrupt Australian Border Force officers have been arrested as part of the wave of organised crime arrests that swept Sydney and Dubai this week and netted some of NSW’s alleged crime bosses.

    Leaked confidential government documents and briefings from senior officials suggest the pair who were arrested – one a current officer, Craig Eakin, and one a former officer, Johayna Merhi – were just the latest of several alleged corrupt insiders in Border Force and Customs who have allegedly compromised Sydney Airport or Port Botany since as early as 2003…

  137. TB Queensland permalink
    August 10, 2017 11:12 am

    I’m actually beginning to think that a boycott might be the way to go …

    But I did see a comment this morning on the Guardian that suggested a clean ballot paper posted back with a simple message: DO YOUR FUCKING JOBS!

    To me its always been a simple civil rights issue … but then Catholics always call that political correctness …

    And The Mad Abbott told us that it is about religious freedom … what about non-religious freedom? Fuckwit that it* is!

    The Liberal Party needs to purge itself and quickly … or my hope will come true … the LNP banished for a decade!

    The only mob playing politics with people’s lives is the LNP controlled by its extreme right wing Tories …

    Nero fiddled as Rome burned … TurnAbbott fiddled as Australia descended into the flames …

    *just a Catholic automaton

  138. Shane in QLD permalink
    August 10, 2017 11:58 am

    I have been listening to reasons to vote or not to vote or to tell them to DO YOUR FUCKING JOB. But I like this response to be the best so I will follow this advice and vote yes.

    “Having the yes vote win and then forcing these pricks to squirm their way out of actually voting yes would be pretty politically destructive for the Libs. So I will be voting yes if it comes to it, as much as I hope it doesn’t”

  139. armchair opinionator permalink
    August 10, 2017 12:53 pm

    Freedom from religion would be nice. When do we get to vote on that?

  140. armchair opinionator permalink
    August 10, 2017 1:01 pm

    Abbott’s trying to divide everyone, like with the Republic debate – divide & conquer he reckons & also turn it into a culture war (anti PC etc)
    Important that the YES voters stay very United no matter what they decide is best I think. I might wait for more arguments in debate to come from leaders in the lgbt community.

  141. armchair opinionator permalink
    August 10, 2017 1:05 pm

  142. TB Queensland permalink
    August 10, 2017 2:28 pm

    Yes, KL, Shane … I’m going with YES!

    The gyrations, flip flops and The Mad Abbott choking on his own bile is worth it …

    Took a trip to Uncle Dan’s today (Chivas is on special) and tuned into the Chris Smith & Andrew Bolt Comedy H-H-H Half Hour … apparently the pro voters are bullying the nay voter and church goers …

    Funny … I thought it was the other way round?

    Do they know that people were getting married long before JC came along … ’tis not a christian “tradition” as Bolt would have everyone think … like all the christian “celebrations” they nicked it from other people’s traditions … and aren’t all living things created by the one true dog?

    Dumber and dumber!

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