As usual: “It’s the economy, stupid!”

So, incumbents for the 2027 depression might be Trump, Starmer & Dutton?

Good luck with that!

Anyone up for VIMMLBUTT at that time? We’ll need it!

‘DIVIDE AND RULE’ CONTINUES

Trump v. Harris—Starmer v. Badenoch—Albanese v. Dutton—etc., etc.

Are we getting there yet? Are things getting better? The tanking towards economic depression has become palpable, but do either Trump or Harris acknowledge the greatly rising wealth disparity that foreshadows and accompanies financial collapse?

So, are there any good guys on the political scene? Anywhere? If so, are they speaking out on this issue? Nup!

Does the US election really matter, as long as we allow rent seekers to continue ripping off we plebs under whichever incoming regime?

Politicians have learned to play the game: You don’t challenge the people who’ve designed our tax regimes to tax incomes and purchases while they cream off the nation’s land and natural resource rents. “Our what?” That’s correct: we don’t understand their mechanism. We may talk about the increasing cost-of-living, but not the tax regime which generates it.

There is one remarkable feature, though. Whereas the really big rent seekers usually prefer to remain anonymous–well, relatively anonymous–Elon Musk chose to throw his lot in with Donald Trump for the election this week. Why? Having bought Twitter for $44 billion in cash, Musk has left no doubt on what he likes to call ‘X’ who he wants in power because Harris is virtually the end of the world. He’s using the same simpleton-like catch phrases employed by Trump.

On the anniversary of his death, Henry George has some valuable advice for you, Rachel Reeves, Jim Chalmers, et al: –

…. MUSTN’T WE?

$364,000 in land prices for every man, woman & child!

And an increase of $782 billion in the last financial year!

What if Australia’s extremely high land prices are a measure of the disease within the body politic?

Well worth the listen!

…. let’s talk about the professional incompetence of mainstream economists.

…. ISN’T THAT SO, POLLIES?

Government, Banks, Political Parties

To assist the wellbeing of its people, the job of representative government is to issue the currency by spending into the management of infrastructure, security, health, education and natural monopolies, including power supply.

To enable shareholders a profitable return, the job of private banks is to have people and companies at maximum levels of debt, to earn the greatest possible interest thereon.  

To rationalize these incongruities, it has become the job of political parties to ignore the political reality of impossible levels of private debt.

Therefore, the election of political party representatives has proven unable to deal with the underlying malady. They are dismissive. However, they will endlessly harangue people about the high level of public ‘debt’ (which isn’t debt)!

Acceptance of the contrary goals of government and private banks comes at an enormous cost to the socio-economic wellbeing of citizens. The public have become ‘financialized’, serving both land prices and the taxing of their incomes and purchases.