Posts Tagged ‘Joe Hockey’

The Parliamentary Collection of Historical Stuff has just launched a bid to obtain the marble coffee table damaged in Tony marble tableAbbott’s former offices in the wake of Abbott being deposed by Malcolm Turnbull.

hockey dance“We believe this to be an important part of the National Collection of Stuff,” said the Stuff Curator. “It is our intention to procure it, not in association with Abbott, but to mark the political career of Joe Hockey. We wish to acknowledge his years of dancing around the issues and shimmying past the hard questions. And what better dance floor than his mate Tony’s marble coffee table during a political piss-up.

PS – no I didn’t do the video. ‘hue parkinson’ uploaded it to youtube.com

Hapless Honest Joe

Posted: September 22, 2015 in Ranting
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Some interesting things are come out of Malcolm Turnbull putting together his new Cabinet. Too much for just one post so I shall spread it over several.

hockey

Honest Joe

Joe Hockey. In a way I feel sorry for him…but only a little. I still do not trust him and if he does get the rumoured diplomatic posting then it will be nothing but a simple pay off to get rid of him. (more…)

I had intended a more organised post expressly for #MondayBlogs. Unfortunately I am so distressed by a number of things it is going to be hard to be coherent .

Australia has just had its new Budget announced last week. The mantra accompanying it is that we all have to do ‘heavy lifting’. Despite repeated economic assessments that Australia is not in a position of budget crisis due to debt, that has continued to be their justification. Despite claim after claim after claim that there would NOT be any increased in taxes or cuts to welfare if this government was elected, it has been promise after promise after promise broken. This evening Treasurer, Joe Hockey, showed some guts in facing a large, hostile audience in a special edition of the current affairs program, Q&A. He did make some valid points. However he also revealed his blatant ignorance of a lot of life’s realities. He ducked the hardest questions by changing the response to addressing something a bit different. And he consistently dodged the matter of the less-affulent being expected to do the ‘heavy lifting’ while the upper end of town are better off under this Budget. Yes, there is a Mickey Mouse ‘deficit tax’ being levied on higher income earners. But that was also accompanied by other preferential treatment which lessens that impact of a temporary 2% increase which would only be introduced in a staged process over time (at least that is what we were told) in what is essentially an additional income tax. And the really high end of town continue to receive big bucks in things like continuing fuel concessions while the ordinary people face an increase in petrol excise at the bowser – not a big increase but an increase all the same while the likes of billionaires Gina Reinhardt and Clive Palmer continue to have ludicrously big fuel concessions. Every monetary gift to people like that simply drives up the profits they are making to their direct financial benefit. Not much ‘heavy lifting’ there.

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I HATE agreeing with Joe Hockey

Posted: November 4, 2010 in Uncategorized
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If there is one thing that I really, REALLY, hate, is being forced to find myself on the same side of an argument as the likes of Joe Hockey. But, like Hockey, I find the behaviour of the major Australian banks simply unconscionable. However it should also be remembered that back when Hockey was a junior finance spokesman, he publicly put the banks ‘on notice’. The reality of course is that they didn’t take any notice of him then and shall be taken even less notice of him now.

It must be remembered that the major Australian banks are making quite literally billions per year in profits. These profits come largely from the seemingly never-ending scale of fees being introduced. The basic operations are traditionally funded by the difference between interest received and interest paid to depositors. But for the last couple of years the banks claim that the cost of raising funds is so high now that they cannot afford to pass on the full extent of any cuts interest rates by the Reserve Bank of Australia. Yet, just as the oil companies play silly buggers with petrol prices at the pump, the banks are equally as quick to pass on the entirety of any increase in interest rates. Until now that is. Now that the Commonwealth Bank of Australia has passed increased rates by more than the latest rate increase by the RBA.

The bottom line is that the banks are allowed to get away with such behaviour for several reasons. Deregulation of the banking industry years ago, freed the banks from the last of such regulation that could have controlled such behaviour. The Commonwealth Bank used to be a publicly-owned asset (note – contrary to public perception, CBA staff were not public servants as they were not paid from the public purse). However following the privatisation of the CBA, like all the other banks, the CBA has to look after the interests of and respond to shareholders. Thus the minor curbing effect the CBA used to have on the market is now gone. Finally, government has absolutely no power to force the banks into line.

Sure, there is plenty of rhetoric, but the Coalition proved unable to stop the banks (Malcolm Turnbull’s boast of 2008 that the banks were scared of them has been proven the load of shite that anyone with half a brain knew it to be). The current Labour government seems unable to do so either.

It must not be forgotten that the recent Global Financial Crisis was caused by a poorly regulated banking sector. That Australia came through the GFC in pretty good shape was no thanks to the Australian banking sector. As the banks have now well and truely shown themselves to be the school ground bullies we all suspected they were, the time has come to really draw a line in the sand. While other sectors were being forced into greater regulation of their activities, the banks were given less.

What is needed now is a re-introduction of a degree of regulation. Please note that I am not advocating governmental control of interest rates that was the logical extenstion of Hockey’s recent public announcements. However legislating that banks are not allowed to exceed the prime rates as determined by the RBA is not an unreasonable thing. Legislation forcing them to pass on all of any rate reductions in prime is similarly reasonable.

Clearly the banks are not prepared to act in a socially and economically acceptable manner, therefore the school principal needs to step in.

As I said, I really hate being on the same side of an issue as Joe Hockey, but in this instance his basic principle was right on the money.

And that’s my rant.

Time check please: 9:37 pm Australian Eastern Standard Time.

Australian Prime Minister, Julia Gillard, called an election on the weekend. Most pundits were suggesting it would be August 28 which would permit some days for those not currently on the electoral role to get on there. Instead, the poll has been called for August 21. To help those not on the electoral roll a chance to get that sorted, offices of the Australian Electoral Commission were open until 8pm.

So perhaps someone could tell me why, more than an hour-and-a-half after the AEC offices had closed the doors on those extended hours, television stations are still advertising those extended hours. Now unless commercial television stations have suddenly turned into charities, this extra television advertising isn’t being provided for nothing. Just what is being gained by paying for television advertising that informs people that they have actually missed their chance for that last minute registering on the electoral roll?

On the subject of the election, rather than the usual boredom of interminable advertisments, telling us how wonderful one party is and how terrible the others all are, accompanied by footage of smiling pollies wandering the streets, shaking hands with the elderly, kissing babies and all the other stuff that they wouldn’t be caught dead doing any other time, how about we spice things up for a change. Let’s run our election like a reality television program.

Sorry contestants – this week Tony Abbott, Joe Hockey and Wayne Swan – you’re all in the elimination round. Your task will be to produce a convincing line of spin about why politicians do not get enough allowances, while baking a souffle and changing the baby’s nappies. Whoops – sorry Tony – your souffle is as flat as your policies, wearing Speedos detracted from your presentation and you ended up with baby shit all over your face. You ARE the weakest link, you’re fired, leave the fecking island right now, do not pass Go and do not collect $200.

Surely that would be an improvement on the usual?

UPDATE – Just to make me look like a total dick, their hours have now been extended to Thursday.

Oh come on

Posted: March 14, 2010 in Uncategorized
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Am I the only one finding it rather hard to swallow Joe Hockey’s latest public stance?

In a recent speech, Hockey made himself out to be some sort of deep, feeling, civil libertarian.

Oh please.

The current Coalition i.e. the Liberal Party, under Tony Abbott’s leadership, has regressed right back into the Howard years, to the point of practically recreating the Howard Cabinet in Opposition. Recycling does have its limitations as a good thing, you know.

Joe Hockey was a vigorous and vocal supporter of John Howard from before they even first assumed government in 1996. Only about two months out from the 2007 election, I vividly recall listening to Blubberguts on ABC radio, ranting about how the entire party was 100% behind John Howard. He dismissed results from a survey conducted by a university, that showed significant public opposition to his government’s Work Choices legislation, as only being the product of union influence and interference. Yet it was with almost indecent haste that after the disaster of the 2007 election for the Coalition, Blubberguts jumped onto the “I didn’t really support Howard or Work Choices” bandwagon.

Anyone who really thinks that the Abbott-led Oppostion will win the next Federal election, whensoever it is called, is frankly kidding themselves. Should Abbott last that long in the leadership, he would be sure to fall on his sword. Blubberguts is rather obviously positioning himself to then be seen as the Party’s ‘saviour’.

Mind you, last time I looked up the definition of ‘saviour’, it did not include words like opportunistic, self-serving hypocrite.