THE  PRIVATE SECTOR



Australians work the second longest working hours of all the OECD countries after South Korea.  50% of Australian workers take no holidays whatsoever or reduced holidays.   Dec 2002



GENERAL COMMENTS

What happened to the lucky country?  What happened to the 38 hour week?  How did the engine room of the economy become a sweat box of despair?

Economic Rationalism, down sizing, cost cutting, unbalanced free trade agreements with third world and developing nations, they were the first steps in a calculated scheme to rob the honest citizens of Australia and indeed much of the rest of the world blind and destroy not only our futures, but those of our children. See Economic Rationalism 

Next came the cynical drive by international bankers, money houses, and superannuation vacuum cleaners to suck away the wealth of the hard working, the honest, and the trusting and shift it out of the reach of our legal jurisdiction.  For years ordinary workers were fed television commercials extolling the trustworthiness of various superannuation funds.  Meanwhile the golden fleeces upon all those trusting sheep were being carefully herded into the yards, ready for the greatest shearing in human history.  And all that was of course paralleled by the calculated madness of the Greenspan years, during which low doc loans to totally incompetent and unreliable home buyers in America, derivatives, and speculation of all kinds secretly clawed billions out of the hard earned savings and superannuation nest eggs of tens of millions mums and dads and into the cash boxes of international robber barons, thugs, and Shylocks like the Jew Madoff. 

Only now, after the first stage of this, the largest and most grotesque of all  international financial swindles in history, is the plot line beginning to become clear.  But hang on to your seats, there is far worse to come. 

The parasites have begun to flee their hosts of many years, the USA, Britain, Canada, Australia and the European Union. Even as they prepare for their last supper off their traditional hosts they are appearing in and operating with frantic urgency in India, Asia, and the Middle East.  Something tells me they will make progress for a while, until their new hosts become aware of them, then they will find the going far tougher than they could ever imagine.  I doubt that China will placidly accept their usual tactics or rape and pillage. In the final count I doubt very much that China will take the slightest notice of the house of cards these shysters have erected in the West to protect themselves. Rest assured, in the end, China will collect!

We live in a world at the tipping point of massive, some may say millennial, change. The upheaval faced by all, including the private sector in Australia, finds parallels only in the times of the fall of the Roman or British Empires. The entire sphere known as The West is fat, lazy, brain dead, and in terminal decline. For all its faults, the world the Baby Boomers have know was indeed "the good times."  Now comes the awakening. This is the time for hard headed Australian business and financial realists to step forward. If we do not demand facts and instead continue, as we have, to live in cockoo land a swift and very messy end is assured.

Australian business needs strong uncompromising leadership and decision making based on facts, not irrelevant ideology or short term, selfish greed. Now is the day for patriots to remove the parasites from the Australian body financial and corporate.

GLOBAL ACTION (AUSTRALIA) regards the preservation of Australia's political and economic freedom and independence as paramount to our survival as a nation.  Foreign ownership of Australian assets is already massive and must be quantified, qualified and if necessary curtailed in certain strategic areas.. 

GLOBAL ACTION (AUSTRALIA) supports all forms of open, honest,
<>home grown, free enterprise business as well as healthy competition, regardless of the size of the individual businesses.  We also support foreign businesses and investors who play the game.

It is the responsibility of governments to create the economic environment in which the Australian people can prosper.  The people are the nation.   For decades, successive Australian governments have failed to heed that one simple fact as they blindly followed the political wonder workers of Economic Rationalism - Thatcher and Reagan.

During its last term Labour wracked up huge deficits. Then the Liberals gained office and sold out to big business, sold off more of our public assets and helped finish the job of destroying our manufacturing industries in the name of economic rationalism.  The fact that both have blood on their hands is the very reason why they will never save Australia.   

Already our economic freedom is largely owned or mortgaged to foreigners!

The logical end of the madness is already in sight.  We saw the Asian meltdown, Japan's economy in stagnation for over a decade, and half a dozen nations in South America on the brink of total collapse.  The consequences of the world wide meltdown of 2008/9 rumble on.  

GLOBAL ACTION (AUSTRALIA)  will not cave in to the madness perpetuated by the hawkers of this chaos, the OECD (Organisation for Economic Cooperation and Development, the IMF (International Monetary Fund), the United States Federal Reserve, the EU, the UN, the "New World Order" brigade and others.

What Australia needs is a new broom to clean out the rat's nest and stand up to the economic plunderers that robbed us of decades of genuine prosperity.  GLOBAL ACTION (AUSTRALIA) is that new broom!

WHAT IS ECONOMIC RATIONALISM?

Economic rationalism is like putting the fox (banks, big business, speculators) in charge of the hen house (the people) and then wondering why the hens don't prosper!

Economic rationalism (and deregulation), strips away all the checks and balances that protected Australia and Australians from the rape and pillage or our land and its institutions by uncontrolled short term speculator greed.    * See: Economic Rationalism

HOW DO WE FIX THE MESS?

Several political parties trumpet about how they will buy back the farm.  GLOBAL ACTION (AUSTRALIA) will buy back not just the farm, but the factories, the small business, the technology, the country and the future for ourselves and our children.

Within the real world economic framework of the 21st century GLOBAL ACTION (AUSTRALIA) stands for aggressive, responsible,  and progressive economic nationalism within a framework of incentives and small government.  Australia will again look after itself and stop listening to the so-called free market experts, socialist ideologues and scamsters who wrecked half of the planet and have left over a billion human souls in poverty.

GLOBAL ACTION (AUSTRALIA) will drive hard and fast to make Australia the powerhouse of the Southern Hemisphere by:

    a.    Vigorously engaging with the world in trade (We are definitely not isolationist).

    b.    Immediately reactivating our dormant industrial manufacturing power with the emphasis on quality and
           Australian technological excellence.  No Australian Invention will be ripped off by foreigners!
           * See: Manufacturing

    c.    Letting our mining industry get on with the job (Within strictly enforced, but not time consuming, environmental
           guidelines). * See: Mining Industry.

    d.     Returning our smartest scientific and technological people to work on real projects that benefit Australia and
            the planet.   * See: - Information and Computing Technology, Aerospace Industry, Manufacturing.

    e.     Comprehensively and quickly resuscitating and rebuilding our Rural and Industrial might (Within strictly
            enforced, but not time consuming, environmental guidelines).  *See: AgricultureEnvironment.

    f.      Transforming Australian from a net importer of manufactured goods into a major exporter.
            (At present we are down a $57 billion dollar hole!  Newsweekly - Jan 13, 2001)

GLOBAL ACTION (AUSTRALIA) is not interested in why things can't be done, just in getting them done - now!

We will trade with the world.  We will rebuild the trade bridges with Britain and Europe - so expertly destroyed by Hawk and Keating, but we will never yield control of this great nation's commercial enterprises small or large to foreigners.

GLOBAL ACTION AUSTRALIA'S DECLARATION OF ECONOMIC INDEPENDENCE FOR AUSTRALIA

GLOBAL ACTION (AUSTRALIA) will introduce flexible smart tariff advantages with sunset provisions to quarantine efficient Australian manufacturers from overseas raiders and unfair competition and create a head start for well planned and funded new enterprises with strong growth potential.  A fair go for Australian businesses, plus a push in the right direction.

In instances where companies are already foreign owned and controlled, control will gradually be returned to Australian Interests - without compromising the investment returns to foreign investors.

The Profits of foreign owned companies operating in Australia will primarily remain in Australia to grow strong subsidiary companies with the potential to export and create good returns for both local and foreign investors.

GLOBAL ACTION (AUSTRALIA) will release Australia's pent up human energy to produce wealth, get the people off the endless treadmill of bills and hopelessness, and pour the profits back into their own pockets.

As a top priority GLOBAL ACTION (AUSTRALIA) will release a sector by sector integrated economic development plan for the next decade and beyond.

GLOBAL ACTION (AUSTRALIA) supports:

    a.    Foreign investment in Australia (But not control of Australian Businesses). Preferably in new enterprises,
           not take-overs.

    b.    Australian investment overseas (In politically and economically stable growth markets).

    c.    A vigorous economy that nurtures and rewards prudent, responsible, secure, sane, integrated growth.

    d.    Planning, tax, funding, growth, tariff, manufacturing and export incentives.

    e.    Small, efficient, at the coal face government... lean and hungry for economic progress.

    f.     Low tax and the abolition of the host of government charges and slugs that were supposed to be removed
           when the GST was introduced.

    g.    Australian ownership and control of Australia.   Take it or leave it!

    h.    Slashing interest rates on personal credit cards.

    i.     Creating the economic climate for individuals to have disposable income, save more and invest more.

     j.    Import taxes and tariffs. *See: Manufacturing

    k.     An immediate halt to further privatisation and the possibility of reacquiring privatised instrumentalities that are
           not operated satisfactorily.

    l.     The "Made in Australia" legislation will be revised to make this labelling compulsory and be broadened to
           include "Australian Owned" if a company is over 51% Australian owned and operated. The percentage
           ownership will also be displayed so consumers are in no doubt as to who owns what.

    m.    Putting our already highly skilled workforce to work at what they were trained for.  There are far too many
           
out of work Australians with degrees and too many overqualified people running coffee shops!

 GLOBAL  ACTION (AUSTRALIA) will re-negotiate, reject, or terminate multilateral commercial agreements that unfairly favour the
 interests of multinational corporations at the expense of Australian consumers, labour, our environment, human
 rights or other of our industrial relations and commercial laws.
 


 Also see:   Economic Rationalism    Banking Sector.    AgricultureForeign Affairs & Trade  Manufacturing.       Technology.       Aerospace Industry.      Conservation       Biodiversity

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