
Conversation at an AGM and a Party
by
Chris Gilbey
on November 17, 2007 01:28PM (EST)
Last night I went to a 50th birthday party.
I got talking to someone about the forthcoming election. This was a guy who was a small businessman who made it very clear that anyone who voted for anyone other than the John Howard candidate in the election next week had to have rocks in his head. He said "why would you vote out the people who have given us the best economic conditions we have ever had?"
Here is the problem with that concept:
The best economic conditions have come from an commodities boom caused by demand from China for raw materials. We have a lot of raw materials in Australia, so we have done well from selling them to China. The reality is that we have done very little, if any, value-adding to those raw materials, since we dont have any industry in Australia worth a cracker other than the resources sector and retail.
Earlier in the day I went to the APRA AGM.
I was talking to someone after the meeting and mentioned that I was writing another book. The person asked if there was another crisis coming that everybody needed to be warned about (nudge, nudge, wink, wink). I wrote a book about y2k that was a best seller, which people often remember....
I told him that, no I am not writing about another crisis, but, yes there are crises that the country faces.
And this is the other part of the first mentioned conversation that is the problem:
People in this country are still talking about the Liberals delivering this great economic miracle and how we just need to keep standing under the waterfall of profits flowing from John Howard and Peter Costello's masterful management.
But the truth is that during the period of boom, this government has been in Climate Change denial and has not addressed the issues of failing water supply to the farmers of this country.
Without water farmers cant grow feed for livestock or for people. Food shortages mean increased prices. Increased prices mean inflationary pressure.
The reality is that the Howard government has sat on its hands for the last twelve years doing nothing whatsoever about the important strategic issues that face this country. And for the last six of them they have focused on being compliant toadies to the Bush White House.
And what has that given us?
A war in Iraq to help secure oil for America, and not for Australia. A decrease in personal liberty for every Australian, and increased potential for terrorism at home.
Oh, and a continuing and growing greed among the population to get more for me.
Hopefully next Saturday there will be a change of government in Australia, and hopefully when that happens the newcomers will bring new integrity to the role. We certainly need it.