by Viv Forbes
A balanced budget is not necessarily good – Soviet Russia often ran a balanced budget – they took 100% of people’s income and spent it all.
The constant striving by conservative governments to “balance the budget” just gives a free lunch to the big spenders who will inevitably take over from them. This happens every electoral cycle. It is time to break this destructive spending ratchet before we reach bankrupt Soviet status.
There is only one tax on the people and that is government spending. That should be slashed but taxes must be reduced even faster, maintaining or increasing the deficit. That way, no new treasurer will have scope for extra wasteful spending or vote buying.
Unlike most Australian media and FB, no censorship here Oldavid. Write to your heart’s content. Editor
And we get the likes of North and Adams who like to portray the economic nonsense that the Titanic only sinks because the deck chairs were not properly arranged. I will contend that all the National economic Titanics are sunk by a fatal flaw in their structural integrity… in this case, the creation of money as an interest bearing debt to the economy.
I am acutely aware, of course, that the supranational apologists for “ordo ab chao” will silence/denigrate me by all the means at their disposal.
I am still nobbled in emails to any kind of “conservative” entity… and, apparently, to Senators and Members of Parliament.
Is there a limit to what can be proposed in these comments?
Arthur Anderson & Co. became quite famous for cooking the books for their dodgy clients and I remember Standard & Poor got a big mention during the GFC
Without the realistic appreciation of reality that we’re almost all born with, you’ll have to ascribe the notion of evil to cyclical cosmic radiation or shape-shifting lizards from outer space as this bod does.
https://gumshoenews.com/2019/04/02/what-is-going-on-downunder/
It’s a common theme: take a familiar perversity and ascribe it to some ethereal fancy to implicitly denigrate anyone who objects to ordinary megalomaniac perversity as some kind of nutter.
It’s the same kind of nonsense that claims that we’re all immaculately conceived and that evil is some kind of imposition visited on Rousseau’s Noble Savage by “institutional” or “social” organs.
We Christians contend that everyone is individually liable for their moral errors… the accumulation of which results in the degradation of the whole society.
A “balanced budget” is just another deception scam perpetrated by the media/political criminals on the Nation/economy on behalf or the supranational banking extortion establishment.
All the Treasury has to do is to get some shonky economist to sign off a statement that present and projected Gov’t debt is serviceable from present and projected taxation revenue. The ever increasing debt is never expected or intended to be repaid in any kind of money, but only represents the bank’s claim over the people and property (human and natural resources).
You reckon that such shonky economists wouldn’t exist, eh? Well, the recent Royal Commission into Banking exposed a few splinters of a mountain of banking fraud that has been covered up for decades by very prestigious international corporations specialising in economics and auditing. And that’s not counting such aspects of banking extortion fraud and usury that’s not even considered “inappropriate” these days.
Thankyou!Editor
Budgets are a bit of a nonsense, as they are in receipt of money all the timefrom petrol revenue, GST, alcohol and tobacco, and everything else.Budgets are all just more psy-op, mind control nonsense. Gary
What is a government interpretation of a balanced budget when we see our treasury tilting either way on the pinnacle of the point of their ponzi scheme ?