'Covered Bond Legislation'. Australia Is A Ticking Time Bomb

reply to post by stirling

It is becomming so obvious we are a mere resource for those who live off of us.......the owners, the ones who have everything, and produce nothing.

I agree. We are like g cattle.

And the US pushed Carbon Tax. I know it sounds crazy but the CIA made it happen.

reply to post by Germanicus


Covered Bond Legislation is sounding more and more like the banks taxing the public, as if they do not have enough money already.

As for the Carbon tax it think it is great that the government is trying to stick it to big oil, I am not really surprised by all the back lash, especially on these US brainwashed boards but we really do have to get off our coal and oil addiction. There is just too much technology getting cover up these days to help preserve the established cash flow, not to mention too many dead bodies. At the moment our cities would be a mad max mess if the oil stopped flowing, we need to find a better way and with the government bringing in this carbon tax it is sending the message to start looking for it.

Originally posted by kwakakev
reply to post by Germanicus

 

Covered Bond Legislation is sounding more and more like the banks taxing the public, as if they do not have enough money already.

As for the Carbon tax it think it is great that the government is trying to stick it to big oil, I am not really surprised by all the back lash, especially on these US brainwashed boards but we really do have to get off our coal and oil addiction. There is just too much technology getting cover up these days to help preserve the established cash flow, not to mention too many dead bodies. At the moment our cities would be a mad max mess if the oil stopped flowing, we need to find a better way and with the government bringing in this carbon tax it is sending the message to start looking for it.

Yeah,I agree. Things dont need to be as hard as these Crony Capitalists try to make it. I think we should move to new energy too but the Carbon Tax isnt the way to do it hey.

reply to post by Germanicus


The Carbon tax by its self does not have the answer, but it is setting the direction. With our corporate entities making decisions based on money, it is one way the government has to apply some pressure towards a clean energy future. The government is aware of these repercussions back to the consumer, in part consumer pressure is needed for corporations to listen, there is also minimum standards of living that are trying to accommodated.

The energy sector is very diverse, with those companies and individuals that invest in cleaner and more sustainable solutions the carbon tax is not an issue. With those stuck in the old ways of doing things it will be. With so much infrastructure dependant on oil and gas things will not change over night, but without having some clear direction things will not change at all.

Originally posted by kwakakev
reply to post by Germanicus

 

The Carbon tax by its self does not have the answer, but it is setting the direction. With our corporate entities making decisions based on money, it is one way the government has to apply some pressure towards a clean energy future. The government is aware of these repercussions back to the consumer, in part consumer pressure is needed for corporations to listen, there is also minimum standards of living that are trying to accommodated.

The energy sector is very diverse, with those companies and individuals that invest in cleaner and more sustainable solutions the carbon tax is not an issue. With those stuck in the old ways of doing things it will be. With so much infrastructure dependant on oil and gas things will not change over night, but without having some clear direction things will not change at all.

I disagree. It is not the Governments role to do this.

They are also wasting our money giving it to 'Green' companies. It is crony capitalism and borders on communism.

The private sector must move to green power itself.

And I am no envronmetalist. I am for cheaper energy. Green energy is a business. It will be just as expensive as the forms we use now.

We will get failures like Solyndra for sure.

Germany is now at a stage where it can for at least a couple of hours supply all of its electrical needs through renewable sources www.abovetopsecret.com...

To get there it was the first nation to introduce a carbon tax. With the amount of sun we get here we should be kicking their butt. Given a few more years Germany's capability in renewable will only improve. You want to keep sitting in your short term cheep smog filled house, fine. I don't. Once the infrastructure is built, running costs are a lot lower in the long term with renewables, getting there is the problem.

A few thousand acres of solar cells in the Australian desert would provide viable alternative i bet........
Or....you could produce energy from the heat differentials.....theres a lot of energy you could reap for free there.....
Wavw action is another Australian resource thats not yet harnessed.....a few acres of wave generators would power a city.
Then theres the tides.......................

reply to post by kwakakev


First it was Global Warming. Then the buzzwords were changed to Carbon Emissions. Enter the Carbon Tax. Now, all we hear about is this thing called 'Sustainability'.

Germanicus has caught wind before of my feelings towards the implications of legislation regarding these things (read: Wealth Redistribution... I'm not going to use the word Socialism, don't worry!)

A couple other points:

1. When the Mighty Eagle falls, I'm going to be glad we're such good buds with the Great Dragon.. Australia has frankly been the US's bitch for far too long, ever since the great wars. Yes, we have US Military institutions here, but those are everywhere (*grumble*). We have no place in any of the conflicts the US is spearheading, US 'Rines have no place in our North.

2. China owns Australia. We have the Ore, they have the infrastructure and energy to process and smelt its products. Also,

It has been brewing for some time, but the revelation that Chinese state-owned company Shenhua Watermark Coal had spent about $200 million buying up 43 farms on prime agricultural land near Gunnedah in New South Wales has led to calls to halt the so-called foreign "land grab".

The Australian Greens fuelled the fire yesterday, claiming that research they commissioned showed Australia's mining wealth was now 87 per cent foreign-owned, and that $50 billion in dividends from mining companies operating on our shores would flow overseas over the next five years.

Source...

3. Alex Jones can blumpkin me.

4. Germanicus, interesting point on interest rates - Lower rates, Get 'em in, ???....
As a young guy, I am considering my options for future investments. My parents have always played the property game, and done well; but I think even now they're starting to realise that its not how it used to be. My mother firmly believes in Gold Bullion investment... But I have always questioned the ultimate worth of an element

Where would/do you guys put your money? (Not meaning to be a personal question!)


PLUR.

edit on 30-5-2012 by derpest because: formatting.

reply to post by derpest


The concepts of sustainability are not new with many civilisations falling in the past due to the limitations of resources. Carbon is the main element with air polluting energy production, but there are many others so Carbon has received the main focus in the scientific debates. Even with a global ban on CFC's, the hole in the ozone layer is still growing along with many other troubling environmental warning signs for those that bother to look.

The main premise is that, 'any system designed not to last, won't'. Our drive through, throw away materialism approach is going to end as our current resource demands are not infinite. We can either change things in a planned and structured way that limits disruptions or just let it all come crashing down around us.

As for investments, solar cells generally take about 5 - 7 to pay for themselves with effective returns for around 25 years. There is lots going on in the energy sector so do your homework, be careful as there are many scams and risk like with everything else in life.

Originally posted by Qumulys
reply to post by Germanicus

 

Very interesting OP. Well done there, S&F. But... Katter???? Seriously????? This country has no politicians worth a damn anymore.

The only two politicians i know who would stand up for Australian interests are Bob Katter and Nick Xenophon. Both have the balls worthy of being Australian.

To Germanicus, great thread mate!

reply to post by Germanicus


First off, it's chick, not dude.

Thank you for explaining the fines and the carbon tax. While I can see what they're going for, and how business might take advantage, I find this to be an unacceptable interference with free speech. I'm a hard core libertarian when it comes to free speech. I think it's interference with the free market as well. If a business gouges and blames it on the carbon tax, someone else could very easily make more modest price changes to accomodate the tax and earn Mr. Highway Robbery's customers in the process. Invisible hand and whatnot.

Reading this thread it seems there's some feeling that the U.S. government pushed your carbon tax. I find this idea mildy amusing if only for the fact that whenever a carbon tax is proposed here, it's Europe or the U.N. ( and it's domestic cheer squad ) that are blamed. I think it's clear someone is pushing the green agenda, and it looks like everybody is pointing at someone else. Green laws are always watermelons. Green on the outside and red in the middle.

Off topic, I like Aussies. I find you quick with a laugh or a joke, enthusiastic, and a little insane. Great accent, too.