Stupidity On the Eve Of Recession

On the 12th of October 2011, the Australian House of Representatives passed the controversial Carbon Tax Bill with 74 votes to 72. You have to love the Gillard government’s attempt to make it sound appealing to Australians by calling it the “Clean Energy Bill 2011”; however I doubt it is fooling anyone. This is just a nice way of saying we are going to take more money from you because we have the power to do so.

The carbon tax put very simply, is a sum of money that companies will have to pay, per tonne of pollution that they produce to the government. In response to this, the companies have to make changes to be able to afford the tax, so they will lessen the jobs in their company or tax the public more money. The Carbon Tax affects everyone.

I applaud the government’s attempt to do something about the issue of pollution, because it is definitely an issue that needs addressing, but is now the right time to do so? Carbon emissions is a big problem, but taxing the big companies in Australia is only going to make less jobs available to workers and force these companies to put their own prices up, hence everyone is affected by the tax. The Bill therefore will not lower the amount of pollution produced each year, it will only cause more economic problems in Australia.

Less jobs in Australia, an increase in Tax for everyone and the same amount of pollution in the atmosphere. The Gillard government are either not thinking this through properly or have a hidden motive. Economists are currently saying that Australia is on the verge of a recession. The government is obviously in debt and so have introduced this bill to gain more money because they have the power to do so. I hope this is the reason because otherwise the people running our country have no idea how to do so. Introducing the Carbon Tax when we are on the verge of a recession is one of the dumbest things I’ve ever heard.

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6 responses to “Stupidity On the Eve Of Recession

  1. Hi Squiznit

    Thanks for a good Blog man. True as, its really silly take money off an industry that Australia relies on to be ahead of the rest of the world. Its a good way though of getting rid of this taxing labor Government, who is more focused on keeping Bob Brown happy then thinking straight. Its all his fault, our PM is just a puppet for these power brokers. A thing about a recession is that as long as there is corruption in Government there will always be recession. Corrupt broker brung down the worlds economy’s, unless we be unique and look after our rich resource we are headed there.

    Keep it up Squizzy.

  2. I spent the summer after my sophomore year working in this industry and still do not understand how governments believe carbon taxes will make a difference. The economics behind it is murky at best. I cannot say what the situation in Australia is like, but in the US, I don’t think a law like this would pass. At least, I hope not-I’d rather see something with real action.

  3. I’m going ot repeat this in my blog, but here it is for you too. It may give yo something to think about.

    Subject: THIS IS A VERY INTERESTING OIL STORE, WORTH READING

    Oil Anyone? (They are doing a lot of frack sand mining in Wisconsin
    near Chetek. It’s a special sand used in the extraction process from the oil shale deposits)

    As you may know, Cruz Construction started a division in North Dakota just 6 months ago.

    They sent every Kenworth (9 trucks) we had here in Alaska to North Dakota and several drivers.

    They just bought two new Kenworth’s to add to that fleet; one being a Tri Drive tractor and a new 65 ton lowboy to go with it.

    They also bought two new cranes (one crawler & one rubber tired) for that division.

    Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years.

    Williston, ND is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.

    Unemployment in ND is the lowest in the nation at 3.4 percent last I checked.

    See anything in the national news about how the oil industry is fueling North Dakota’s economy?

    Here’s an astonishing read. Important and verifiable information:

    About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. Was the guest.

    The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer;

    How much oil does the U.S. Have in the ground?” Forbes did not miss a beat, he said, “more than all the Middle East put together.”

    The U. S.. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big.

    It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota,

    Western South Dakota, and extreme eastern Montana.

    Check THIS out:

    The Bakken is the largest domestic oil discovery since Alaska’s Prudhoe Bay, and has the potential to

    Eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates

    It at 503 billion barrels. Even if just 10% of the oil is recoverable(
    5 billion barrels), at $107 a barrel,

    We’re looking at a resource base worth more than $5.3 trillion.

    “When I first briefed legislators on this, you could practically see their jaws hit the floor.

    They had no idea..” says Terry Johnson, the Montana Legislature’s financial analyst.

    “This sizable find is now the highest-producing onshore oil field found in the past 56 years,” reportsThe Pittsburgh Post Gazette.

    It’s a formation known as the Williston Basin, but is more commonly referred to as the ‘Bakken.’

    It stretches from Northern Montana, through North Dakota and into Canada.

    For years, U. S. Oil exploration has been considered a dead end.

    Even the ‘Big Oil’ companies gave up searching for major oil wells decades ago.

    However, a recent technological breakthrough has opened up the Bakken’s massive reserves,

    And we now have access of up to 500 billion barrels. And because this is light, sweet oil,

    Those billions of barrels will cost Americans just $16 PER BARREL !!!!!!

    That’s enough crude to fully fuel the American economy for 2041 years straight.

    And if THAT didn’t throw you on the floor, then this next one should – because it’s from 2006 !!!!!!

    U. S. Oil Discovery – Largest Reserve in the World

    Stansberry Report Online – 4/20/2006

    Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world.

    It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.

    In three and a half years of high oil prices none has been extracted.

    With this motherload of oil why are we still fighting over off- shore drilling?

    They reported this stunning news:

    We have more oil inside our borders, than all the other proven reserves on earth.

    Here are the official estimates:

    8 times as much oil as Saudi Arabia

    18 times as much oil as Iraq

    21 times as much oil as Kuwait

    22 times as much oil as Iran

    500 times as much oil as Yemen

    And it’s all right here in the Western United States !!!!!!

    HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy. WHY?

    James Bartis, lead researcher with the study says we’ve got more oil in this very compact area than the entire Middle East, more than 2 TRILLION barrels untapped. That’s more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.

    Don’t think ‘OPEC’ will drop its price even with this find? Think again! It’s all about the competitive marketplace, it has to.

    Think OPEC just might be funding the environmentalists?

    Got your attention yet? Now, while you’re thinking about it, do this:

    Pass this along. If you don’t take a little time to do this, then you should stifle yourself the next time

    you complain about gas prices, by doing NOTHING, you forfeit your right to complain.

    Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.

    By the way, this can be verified. Check it out at the link below !!!!!!

    http://www.usgs.gov/newsroom/article.asp?ID=1911
    http://www.usgs.gov/newsroom/article.asp?ID=1911

    Curz Construction:
    http://www.cruzconstruct.com/services..php
    <http://www.cruzconstruct.com/services.php

    "One of the penalties for refusing to participate in politics is that you end up being governed by your inferior"
    . . . Plato

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