Tony Abbott and Joe Hockey’s greatest ally is Bill Shorten.
The budget pain that the Liberals are imposing on the sick, poor and elderly is more often than not also ALP policy.
The desperate victims hear Labor vow to fight for them, and want to believe it, but the truth is: Labor has also supported a Medicare co-payment; Labor first raised the pension age, to 67, but at the time Wayne Swan’s tongue slipped and he said 71; and Labor started the cruel cuts to welfare, such as the income support for single-parent families, with the excuse of achieving the holy grail of a budget surplus.
Thus, tainting the hope that they might be saved from the deadly cuts, is the nagging cynicism in the population that if the ALP were in government, the situation would be no better.
That cynicism is well-founded, because since Hawke and Keating in 1983, the once great AustralianLabor Party has been captive to the same banking interests that founded and control the Liberal Party.
In fact, as the Liberals underwent an internal revolution in the 1980s—when they were infiltrated and taken over by agents of the fascist Mont Pelerin Society who eliminated all traditional Liberal MPs who supported industry protection, and replaced them with hard-right zealots of free trade and deregulation, such as Peter Costello and the super-rich Julian Beale, Bill Shorten’s first father-in-law - it was the ALP who implemented the bankers’ demands.
John Howard admits in his memoirs Lazarus Rising that the Liberals made sure they supported every key Hawke-Keating reform that the bankers demanded—the 1983 float of the dollar, the 1984 deregulation of banking, and the 1986 and 1991 tariff cuts.
In 2011, Julia Gillard called this “the post-1983 consensus on economic reform”; put another way, the post-1983 political farce.
Today, the starkest proof that Liberal and Labor are serving the same banking interests, is their joint refusal to act against the gravest threat facing the Australian economy—the Too Big To Fail banks.
Instead of implementing the clearly sensible policy of a Glass-Steagall separation of their retail banking from their speculative investment banking, which would protect the Australian people from the inevitable meltdown of their speculative investments in the property bubble and derivatives, first Labor ran up a massive debt propping the banks up, and now the Liberals are slashing living standards to keep them propped up.
@lind9650 wrote:
I always said that they all are tarred with the same brush.
Erica 😞
I've always said the same, Erica. The Australian voters think they have a choice. They don't.
