Showing posts with label Bob Katter. Show all posts
Showing posts with label Bob Katter. Show all posts

Wednesday, 14 March 2012

Carl Katter fights back. Support him.

On Monday, I called on all Australians to:

Be loud. Reject homophobia. Reject Katter. Reclaim the fair go.

Today, Carl Katter (Bob's half brother) has done just that, and more.  He has got loud, with this ad, and he has made it clear that this is not about gay rights.  It is about rights for all of us.


He said it's not OK for politicians to get away with hatred and bigotry.
He said that we shouldn't have to put up with politicians seeking election by appealing to the worst in human nature.

We must support diversity. It's OK to be who you are.

He also said we should be electing politicans who support diversity and tell young Australians it's OK to be who you are.


This is a clear cut issue. Carl is right and Bob is wrong.  I've struggled with being different to others.  I have many friends who have struggled with being different to others.  I have friends and family members right now who are really struggling with being different to others.

All Australians deserve respect.

Let me know what you think.

Mark S

Monday, 12 March 2012

Homophobic Bob Katter shines a light on bigotry. Fight him!


Bob Katter's attack ads against Campbell Newman are a radical throwback to Pauline Hanson's attack on migrants. By using wedge politics, he is seeking to shift the agenda towards his bigoted anti-gay views.


When Hanson tried this, she succeeded in moving the agenda to an anti-migrant stance. It was harmful, and only now are we beginning to see a more balanced discussion, and more active inclusion of recent migrants into mainstream Australian culture.

Fight back against Katter

Don't let Katter achieve his ends. This deserves the vitriol that has poured out against him. The voices of equality must be heard louder than the scared little voice of an old bigot.

Support the Facebook groups. Add your comments to the criticisms. Write to politicians. Whichever is your choice. Just be loud and be often.

It's our fair go under threat

Katter and other establishment politicians often argue for the Australian concept of the fair go. They are right about that.  it has to be a fair go for all. A fair go for Aboriginals, British migrants, Construction workers, Disabled people, Economists, Financiers, Graziers, Homosexuals, Iraqi migrants ...

You get the picture.

By seeking to place any group below any other, this denies a fair go to all of us. We are all members of minorities. No group in Australia can claim to being Australians. Katter's discrimination panders to those who want to deny rights to others. Yet by doing so, they deny rights to their own little group.

No wedge politics

Australia is a fabulous country, because of our diversity and fairness. Don't let anyone take that away.  Katter will gain support from this attack. He may be elected. However, we must make wedge politics as socially unacceptable as smoking in offices or drink driving.

Be loud. Reject homophobia. Reject Katter. Reclaim the fair go.

Let me know what you think

Mark S

Monday, 6 June 2011

Business models change. Industries must adapt or die.

Although we are now well into the 21st century, I'm still surprised at how often there are calls to protect certain dying industries in Australia. Protectionism is simply bad economic policy. All it does is delays the inevitable.

The foreign competition argument for protectionism is growing from Bob Katter

Most arguments in favor of protectionism focus on the threats of foreign competition. Bob Katter and his new Australian Party are now leading the charge to "protect" Australia from China, Thailand, Philippines and Singapore. Of course, Bob is just pandering to those who see themselves as under attack from foreigners.  He is drawing on a potentially potent mix of short-term self interest and misguided patriotism, verging on xenophobia.

The Australian Party is committed to providing support and protection to Australian industries and reversing this madness - Bob Katter

Technological change is more important than foreign imports
Horse & buggy, Port Melbourne c.1900

The most important argument against protectionism is actually about technology change. Technology is not new and it will continue forever.

Let's take transport as an example. At the turn of the 20th century, the horse was the most common form of urban transport. But when the motor car was invented, jobs for blacksmiths and farriers declined sharply.  Yes, it was an economic problem for those employed in the horse-related industries.  On the flipside, the motor car created a whole new range of employment opportunities.

The same is happening in the early part of the 21st century.  Technological change from improved manufacturing processes have reduced items that were highly technical to mere commodities, and made them unprofitable.  That's the reason some forward thinking companies such as GE have moved on from manufacturing appliances to focus on higher value products such as medical equipment.

It's (the appliances business) a low-margin low-growth company being attacked by foreign competition

Those appliances are still being made - but by lower cost labor in emerging economies.

Technology change from the Internet is more dramatic

Over the next few years, the Internet will accelerate the pace of change of existing industries.  For example, already the development of Google Maps has rendered the old map making business model obsolete.  And this is just the start.

The big change is that services which used to be provided by experts will now be accessed by individuals themselves.  Instructions and systems are popping up all over the Internet, to do it yourself:

  • Do it yourself wedding stationery - is fast making printers obsolete
  • Do it yourself will kits - reducing the role of the family solicitor
  • Digital photography and Facebook - cutting deeply into the professional photography market.
  • A Google search - reduces the need for the average computer technician
  • ETrade - means most shareholders no longer need a stock broker

If you are a wedding stationery printer, family solicitor, stockbroker or professional photography there is a natural desire to call for some protection for your industry.  Yet, that will only delay the inevitable.  Your industry is changing - you need to change with it.

Create the infrastructure for the layman.  The democracy of Google.

Industries that are currently serviced by experts will slowly become the realm of the layman.  One by one, professional services will be simplified, codified and made accessible to everyone.  It's democratisation by Google.

In 1985 when I was first trading shares, I never thought I'd be able to transact myself.
In 1990 when I was audio taping focus groups, I never thought it would be possible to video tape and edit them on a laptop computer.
In 1991 when I published a book via a publisher, I never thought I'd be able to self publish online.
In 1996 when we built our first website, I never thought I'd be able to create a website.

Instead of each of these services providers being paid for the labor, now we are happier that their knowledge has been transferred into infrastructure that we can tap into as we want.

Consultants and professional services are like manufacturers - be ready for the change

In 2011, there are a lot of things that I still need an expert for, but that won't be the case in 2020.  Consultants and professional services will become more and more accessible.  The change will be towards more and more automation, and online access.  I'm one of those consultants, and I'm enthusiastic about the change.  If you are a manufacturer, you should embrace it too.

If you are in an industry facing change, embrace it.  Specialise, innovate, develop infrastructure.  Just don't ask for protection.

Let me know what you think

Mark S

Tuesday, 24 May 2011

Bob Katternomics - you make me rofl

Bob Katter - in power???
Bob, Bob, Bob. You really are hilarious. Your suggestion yesterday to reduce our interest rates to the same level as the US! Hahahahahahaha. Sorry, that's the best belly laugh I've had all year.

OK, let's have some fun with this idea, shall we?

Bob Katter, hero of the rural man, and the old economy manufacturer, miraculously wins power. So then he claims a mandate to implement his policy of "simply lowering the interest rates to that of Europe or the United States.". What happens next? (After the markets stop rolling around on the floor of course)

Bob fires the Reserve Bank Governor and Board


Pauline on the RBA!! lol
First of all, there's no way an independent Reserve Bank Governor will implement Katternomics.  Oh no, Bob's first task is to reissue a new "Statement on the Conduct of Monetary Policy" overriding 18 years of stability.  There's no way a sensible Governor like Glenn Stevens will serve under the new principles of Katternomics, so he'll need to find a new guy to rubber stamp the brave new world.  But there's still the thorny matter of those other Board members.  No problem - Bob has a hand picked bunch of pro-tariff experts including Pauline Hanson.

The new Governor cuts the cash rate from 4.75% to 0.5%

What a great media story?

Average mortgage falls by $750 per month.

Well, the reality doesn't quite work that way.  Rather than slashing rates by 4.25%, the banks only cut by 3.5%.  Outrage! Why are the banks profiteering - Bob, you have to do something about it.

Borrow, borrow, bubble, bubble

After two years of consumers relearning how to save money, the Katternomics inspired new super-low home loan rates cause a frenzy.  The banks try as hard as they can to stop people borrowing money, what with their recent credit downgrades, but they can't help themselves and the new sport on the street is lending money for houses to people who may or may not be able to afford it.  But there aren't enough houses to buy, so house prices skyrocket.

The developers try their best, but they just can't build the houses fast enough.  Capital city house prices increase by 20% in a year.  Housing affordability is a thing of the past, and the natives are getting restless.  Fights break out at auctions, and by the end of the year, desperate wanna-be home owners are protesting in the streets.

Nobody wants to be a miner

With so much money to be made in building houses, the developers increase wages to keep workers in the building trade.  And so do the suppliers, and before you know it, Australia's inflation rate hits 7%.  It's the highest rate since 1990.

And now the mining companies can't get workers because they are all back in the east building houses.  So, the miners go to Bob and ask for an increase in migration.  But Bob wants jobs for Australians, so he knocks them back.  The miners can't deliver on their contracts to China, and now there's an international incident brewing.  What's more, Australia's mining revenue is below budget because of the wages issue, and the budget deficit is spiralling out of control.

Sure, the dollar is falling - because the economy is disintegrating

International investors aren't too keen on Katternomics, so money starts to flow out rather than in, and the dollar falls to 80c.  Bob's mates are thrilled - they are selling their wares overseas and making a killing.  The manufacturers don't do quite so well.  Even though they can compete a bit better on price, they haven't kept up with their competitors and can't break back into the overseas markets.

Now consumers all over the country are screaming.  Everything imported is going up in price, and unless you are a builder you aren't getting paid more than what you were before.  The budget surplus means that Bob has to reduce government spending so public servant numbers are being reduced.  The economy is starting to slow down as a result, and so we've got rising unemployment and inflation. You can't afford your housing and all you see on the TV is a big hat and a few happy farmers.

A Grimm Fairy Tale

Thankfully, the chance of Bob Katter ever having control of Australia's monetary policy is about the same chance of Pauline Hanson being elected Prime Minister.  And frankly, who knows what would actually happen under such a bizarre scenario - the picture I've painted might actually be an understatement of the debacle.  The only thing it really shows is how insane it would be to revert to a pre-1993 economic policy, or worse.

Thank you Bob Katter for giving me a great laugh.  For that is what you are - truly a laughing stock!

Let me know what you think (reaction buttons below)

Mark S