09-07-2016, 08:32 PM
"Malcolm 'Goldman Sachs' Turnbull has finally 'outed' himself and shown that he is exactly what we thought; "another puppet for the international Banksters".
Here he is at the G20 the other day;
https://mishtalk.com/2016/09/06/australi...apitalism/
No wonder aviation doesn't stand a chance. Turnbull wants to civilise capitalism. Well the term 'Civilised capitalism' means more poverty for the middle class. It means more control over everyone by the enlightened few oligarchs. That is their true civilised goal. Whenever you see "civilise" used as a verb that means "kill everyone who stands in your way". These clowns are starting to panic.
Capitalism has different versions and they all fail, as this one is failing now.
Capitalism mark 1 – Unfettered Capitalism; Crashed and burned in 1929 with a global recession in the 1930s.
The New Deal and Keynesian ideas promised a bright new world;
Capitalism mark 2 – Keynesian Capitalism. Ended with stagflation in the 1970s.
Market led Capitalism ideas promised a bright new world;
Capitalism mark 3 - Unfettered Capitalism (Part 2 – Market led Capitalism. Crashed and burned in 2008 with a global recession in the 2010s.
It has followed the same path as Unfettered Capitalism (Mark 1); 1920s/2000s - high inequality, high banker pay, low regulation, low taxes for the wealthy, robber barons (CEOs), reckless bankers, globalisation phase
• 1929/2008 - Wall Street crash
• 1930s/2010s - Global recession, currency wars, rising nationalism and extremism
Unfettered Capitalism has a catastrophic failure mode and dressing it up in the Emperor’s New Clothes of supply side economics didn’t make a blind bit of difference.
We've done Neo-Keynesian stimulus. After eight years of pumping trillions into the top of the economic pyramid, banks, and waiting for it to trickle down. It didn’t work, hardly anything trickled down.
Using the same old tired thinking, negative interest rates are the only way to go when rates have already reached zero.
After four decades of supply side economics it’s all supply and no demand and all the money has concentrated at the top;
2016 – “Richest 62 people as wealthy as half of world’s population”. All that money to invest but nowhere to invest it as demand is so subdued; this version of capitalism has failed miserably.
Turnbull is leading us through a national debt of $400 billion and within 14 years it will reach $1 trillion. In part it is due to the legacy of greed inflicted on humanity by the organisations on Wall Street. The 'white shoe brigade' include Goldman, and Malcolm was a high level player in that organisation. Do you think a greed loving self opinionated prat from Point Piper really gives a shit about humanity, let alone aviation. Yes, aviation - hard working folk (IOS) being royally screwed by successive governments and the likes of Turnbull and Co. One can only hope that the Styx River Houseboat picks him up early like it did his old man. Spend up now Malcolm, as you saw with daddy it doesn't matter how much money you have, you can't take it with you, especially if you check-out early!
TICK TOCK
Here he is at the G20 the other day;
https://mishtalk.com/2016/09/06/australi...apitalism/
No wonder aviation doesn't stand a chance. Turnbull wants to civilise capitalism. Well the term 'Civilised capitalism' means more poverty for the middle class. It means more control over everyone by the enlightened few oligarchs. That is their true civilised goal. Whenever you see "civilise" used as a verb that means "kill everyone who stands in your way". These clowns are starting to panic.
Capitalism has different versions and they all fail, as this one is failing now.
Capitalism mark 1 – Unfettered Capitalism; Crashed and burned in 1929 with a global recession in the 1930s.
The New Deal and Keynesian ideas promised a bright new world;
Capitalism mark 2 – Keynesian Capitalism. Ended with stagflation in the 1970s.
Market led Capitalism ideas promised a bright new world;
Capitalism mark 3 - Unfettered Capitalism (Part 2 – Market led Capitalism. Crashed and burned in 2008 with a global recession in the 2010s.
It has followed the same path as Unfettered Capitalism (Mark 1); 1920s/2000s - high inequality, high banker pay, low regulation, low taxes for the wealthy, robber barons (CEOs), reckless bankers, globalisation phase
• 1929/2008 - Wall Street crash
• 1930s/2010s - Global recession, currency wars, rising nationalism and extremism
Unfettered Capitalism has a catastrophic failure mode and dressing it up in the Emperor’s New Clothes of supply side economics didn’t make a blind bit of difference.
We've done Neo-Keynesian stimulus. After eight years of pumping trillions into the top of the economic pyramid, banks, and waiting for it to trickle down. It didn’t work, hardly anything trickled down.
Using the same old tired thinking, negative interest rates are the only way to go when rates have already reached zero.
After four decades of supply side economics it’s all supply and no demand and all the money has concentrated at the top;
2016 – “Richest 62 people as wealthy as half of world’s population”. All that money to invest but nowhere to invest it as demand is so subdued; this version of capitalism has failed miserably.
Turnbull is leading us through a national debt of $400 billion and within 14 years it will reach $1 trillion. In part it is due to the legacy of greed inflicted on humanity by the organisations on Wall Street. The 'white shoe brigade' include Goldman, and Malcolm was a high level player in that organisation. Do you think a greed loving self opinionated prat from Point Piper really gives a shit about humanity, let alone aviation. Yes, aviation - hard working folk (IOS) being royally screwed by successive governments and the likes of Turnbull and Co. One can only hope that the Styx River Houseboat picks him up early like it did his old man. Spend up now Malcolm, as you saw with daddy it doesn't matter how much money you have, you can't take it with you, especially if you check-out early!
TICK TOCK