Ok, to be clear here, Jane Hume is one of the most articulate Liberals and possibly one of the most intelligent…
This, of course, is one of the reasons that one cannot seriously entertain voting for the Liberal Party any time in the foreseeable future…
It’s a great phrase, isn’t it? “The foreseeable future”… I mean, all Phil Lowe had to do was use it when he was predicting future interest rate rises instead of his silly prediction that they wouldn’t go up before 2024 and he’s have been completely in the clear. After all, if you say foreseeable future and something happens, then clearly it WASN’T foreseeable!!
Actually, even if he’d said that he couldn’t see interest rates going up IN 2024, he’d still have a chance of being right.
Yes, and as I pointed out a couple of weeks ago, being wrong never matters to media people who are more likely to interview someone who’s been wrong on the grounds that they are one of those INSIDERS who gets it wrong but with the best of the sort of knowledge that enabled them to get in wrong in ways that an uninformed person would have been so lacking in knowledge that they may have got it right…
Yes, one article I read was still telling us that Phil Lowe’s prediction was that inflation wasn’t tamed and we may need another interest rate or two… And we should listen to Phil because he was once the RBA head who told us something that was so completely inaccurate that some people felt like he was taking the blame for getting his prediction so wrong when – after all – it was only the fact that circumstances turned out differently, otherwise he’d have been correct in his call.
Anyway, I find the commentary around the future of interest rates fascinating in the same way that I find horoscopes that tell some star signs to go to the races and put money on certain numbers while telling other star signs to put money on different horses… I mean, surely it’s going to be a particular number that gives you the best return on investment and the fact that I’m a Gemini shouldn’t bar me from getting some of that $37 from that winner you told Scorpio to back…
To sum up the interest rate and political situation as simply as I can:
- A few days ago, the RBA told us that they had no idea what would happen with interest rates because they didn’t know lots of things including what would happen with the Federal Budget so the next rate move could be up or down and they weren’t ruling anything IN or OUT… which – after Lucky Phil’s: no rate rises before 2024; oh, whoops 13, that’s unlucky – seems prudent!
- Various economists announced that this confirmed their prediction that their latest prediction was much better than their previous completely opposite prediction.
- The Treasury announced/leaked that they did know what was in the Budget so their prediction was that inflation would come down much quicker than forecast by the RBA who didn’t know what they were going to do and so this is one time when we can get it right… Ha ha!
- Financial markets – and Jane Hume – are concerned that the Budget may fuel inflation by giving money to people and the Coalition are all about putting money back into people’s pockets unless it’s inflationary or if Labor is suggesting doing it. Reducing the cost of prescriptions or childcare or something else will add to inflation in the long term because people will have money to pay their mortgage and we won’t have a fire sale of properties reducing the cost of houses thanks to people living in their cars or the streets.
- Finding all the hidden “Back in Black” mugs and selling them may reduce inflation because they’ll have to be sold cheaply owing to the Liberals inability to deliver a surplus. On the other hand, they may be a collector’s item which would make them more expensive and do nothing for inflation which Labor should have known about before enticing us to find them in ScoMoses’ garage.
- Angus Taylor went on “Insiders” and suggested that Jim Chalmers should adopt the fiscal strategies of Peter Costello, which begs the question – even from David Speers – “Why not any of the Liberal Treasurers since, such as Hockey, Morrison or Fryenberg?”
All of which leads me to remind everyone yet again that Jane Hume is one of the best media performers that the Liberals have. This, and the fact that Dutton and that woman who changed her name because of numerology and who bought an apartment on a whim, Suss Ley, are leader and deputy are the reasons that nobody could possibly entertain a vote for them…
Yes, Labor aren’t perfect and it was certainly true that being better than Coalition government was a low bar to get over, and yes, it’s so low that they may have tripped on it occasionally, but I don’t see that you can’t say that they’re no better than the Opposition… to be perfectly honest, I tend to think that the Abbott front bench had more quality than the current shadow cabinet. I mean, at least you knew the Mysoginist For Women (Tony himself) was just going to do nothing, while the current shadow minister for women, Sussan Ley, can’t even spell her first name properly…
I’d be a fool to try and predict the next election this far out, but it’s hard to see Dutton winning!
Then again, I thought that about more unelectable bastards than I care to remember…
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Angus Taylor accuses the government of relying on a windfall for its surplus – so that’s two windfalls now.
When do a series of windfalls become a structured surplus ?
Reminds me of the line from The importance of Being Earnest when Worthing concedes that both his parents have passed, Lady Bracknell replies :
“To lose one parent, Mr. Worthing, may be regarded as a misfortune; to lose both looks like carelessness.”
or
To have one surplus may be considered a windfall but to have two consecutive surpluses looks suspiciously like good management
Hume,Taylor,Dutton, Ley…four compelling reasons why they are in Opposition,ditto for never voting for them.They are like entrails hanging out of Morrison’s arse.
I sincerely hope that the COALition will keep Boofhead Duddo as Leader and $us$san LeyZee as Deputy Leader until they return to government ….. OK Rossleigh, that may take a while ….. a long while ….. however Australian voters deserve a break from incompetent politics while still recovering from nine(9) years of the RAbbott Turdball Scummo maladministration, misgovernment and apparent corruption without any real policies favouring Australian voters over foreign owned multinational corporations ….. not to mention the USUKA sub debacle ….. those same Australian voters need more objective mainstream media coverage than the Murdoch Media Monopoly is currently providing through mastheads and the ABC branch office.
Is there a particular reason why the photo with this story is of what are the two biggest lying cheating traitorous megalomaniac PoS the western world has ever produced? I mean, is it just me? After reading this complete article i still am clueless why they are shown.
The only result from a ‘Structural Surplus’ is a Recession, and if it doesn’t return to a deficit quickly it will be followed by a Depression.
Yes indeed NEC,
Ah yes Rossleigh, did someone wake Angus from his hibernation? Ha ha ha, still blathering;
Angus Taylor went on “Insiders” and suggested that Jim Chalmers should adopt the fiscal strategies of Peter Costello, which begs the question – even from David Speers – “Why not any of the Liberal Treasurers since, such as Hockey, Morrison or Fryenberg?”
Jane Whom? Nice one Jane, skyrocketing in the LNP sinecure – Finance Minister. From behind dark curtains she’s launched, eager to occupy space whilst Angus stacks up the zeds. Deftly flinging around ‘Lauriston’ elocution with smatterings from her brief 7 years with the Big4+ et al:
“We don’t have policies, we’re in opposition”
On Labor nuclear power moratorium, “It’s ideological belligerence” “Illogical” “Incoherent” Whilst NSW liberal Matt Keane says the fed LNP’s proposal is a “hugely expensive Trojan Horse for Coal”.
On Albanese Govt; “Wrong priorities” “Failed policies” “Australians will pay the price”
On Chalmers; “restore the fiscal guardrails”
And so her vacuous strains go on whilst she avoids any deeper probing into the LNP’s policy-free zone.
I’ll certainly be watching the budget speech and analysis tonite,
But I’m really looking forward to the budget reply speech, and the trailing gobbledegook.
I can already envision Dudds, Suss, Anguish, Whom, Dante han and the Beetrooter squabbling over rights to adjectives and expletives in a vain attempt to fill their policy void.
Harry, I think “massively inflamed haemorrhoids” sounds better.
Can’t wait to see the screams of confected outrage from Der Spud, The Rupert and the rest of the main sleaze meedja after the budget tonight.
John, I’ve changed it.
worst of the worst..
Delightful report Rossleigh, on the most inept opposition we have seen in a while, led by the most unappealing leader and deputy they can muster and that’s apart from being totally out of their depth.
And so we come to Jane Hume. She’s either the cream of the crop or just the ugly foam on top of the swirling sludge. What rankles and annoys them most is that Labor has produced 2 surpluses in 2 years and they didn’t come within sniffing distance of 1 surplus in 9 bloody years. Bleat on, losers.
But at least they are comforted by the fact that Uncle Rupert, the crinkled old bastard still goes in to bat for them.
“Labor steals LNP budget surplus for the second year running!” cries the Rupert meedja.
The Spud was unavaliable for comment as he was too upset at Albanese’s dirty trick with the budget. The opposition treasurer was also unavailable because he had suffered a Mad Monk episode when his second brain cell unexpectedly melted down after reaching the number 17 and his mind went blank.
On a side note: What’s the bet that the National Gallery buckles to bloody Gina and removes the painting. Won’t want to upset little princess precious…and her money of course. Personally; Gina can take a flying fornicate.
https://www.smh.com.au/culture/art-and-design/portrait-gina-rinehart-doesn-t-want-you-to-see-mogul-demands-national-gallery-remove-her-image-20240513-p5jd59.html
Haha rossleigh are you a maths teacher?
To come to the conclusion that not only is the rabbott’s cabinet better than dutton’s shadow mob but that Albo’s lot are no better than the opposition and worse than the 2014 Cabinet
No wonder you are confused about Labor doing a fair job?
Nah. Jane Hume is an arrogant idiot, that speaks well, with no substance.
I still can’t forget her on an election night panel, during the last Federal Election. She wouldn’t shut up, and every smug prediction she made was wrong.
The Liberal party certainly have a woman problem. No decent woman would join them.
@ MT: Re John’s post, seeing mugshot of an on-balance-of-probabilities-rapist every single visit is like entering a haunted house!:(With all due respect to the archived article can he be sent down as well pretty please?
If J Hume is an articulate lady, intelligent and one of the best the flopposition has, then a Melbourne Cuo winning horse can be rescued from the knackers, a wife can be found in Palmer lane and your money is coming back soon from C Skase. A Taylor as a shadow (hah) treasurer is farcically bad, but tends to reflect the limits Peter Duckwit-Futton has both personally and professionally. e g., my local member Fletcher has been scrabbling up money by offering drinkypoos and promises inside parliament house itself, very poor show there, iniquitous, scandalous, typical…
Scummo on the crawl and kissing orange monster arse in the vague hope of maybe scoring a job in the future?
https://www.smh.com.au/world/north-america/trump-signals-support-for-aukus-pact-in-meeting-with-morrison-20240516-p5jdzt.html
I was just reading how Jane Hume has submitted 13,000 formal written questions in two years – including more than 300 about the use of paper – the questions are all directed to public servants within government departments and whilst she may say that she is seeking vital information and keeping the government on its toes, others say that she is merely wasting time and seeking to cause disruption within government departments.
Clearly this senator doesn’t have enough to do in opposition !
This reminds me of a company I worked for some years ago in the UK with around 200 offices. They had a department that kept an eye on company resources used and on one occasion they found that toilet paper was being wasted in some areas of the country : they ascertained, for instance, that the Birmingham office used three times as much toilet tissue per capita as Glasgow and the most prudent consumption was in Bristol – make of that what you will.
Jane Hume would have found this data fascinating !
Terence,
Jeez, she’s right up there with the childish, petulant and just plain nasty repugs in the US congress for the time wasting throwing of sabots into the bureaucratic machinery.