25 February 1983. Thought for the Week:
"As Lenin saw it, talk of the all power of the people is empty
jargon destroying all critical sense within them and making
them helpless in the face of actual power. By nursing this
delusion by which self complacent sense of importance a government
lulls to sleep the one dangerous power in man, the critical
power of mind, of reason or of thought. And with that the
people become dupes of astute politicians."
John Farthing in "Freedom Wears a Crown". |
MR. FRASER EMBRACES SOCIALIST ECONOMICSOnly economic illiterates or brainwashed party devotees can now deny that the desperate Mr. Fraser and his colleagues have now openly embraced the Socialist policies of John Maynard Keynes. We are reminded of another "conservative" President Richard Nixon, who in bringing down an increased deficit budget commented "We are all Keynesians now". As documented by Mr. Eric Butler in his book. "The Fabian Socialist Contribution To The Communist Advance" ($1.00 from all League addresses" the better informed Marxists, as distinct from the rabble which flood the streets, grasped from the beginning how the financial policies of John Maynard Keynes would progressively undermine the free enterprise system by making continuing inflation inevitable. There are some simple souls who believe that Keynes was actually concerned with supporting free enterprise. They are the same type of people who shut their eyes to the fact that Keynes was a moral degenerate only because he had married. Mr. Kenneth Davidson is the well-known
columnist on economics for "The Age" Melbourne, and
frequently appears on national television. Mr. Davidson is
an open advocate of Keynesian economics and has been advocating
their application to overcoming the present recession. Writing
in "The Age" of February 10th, commented that up until
August last year there had been a contrast between the policies
advocated by the Fraser Government - "monetarist, deflationary"
- but that "with the deficit ballooning to something between
$4,000 million and $5,000 million in 1982-83 and to between
$6,000 million and $7,000 million in 1983-84, on the basis
on preliminary forecasts of receipts and expenditure - due
in part to a number of new expenditure initiatives such as
the dams programme as well as deteriorating revenue and increasing
welfare expenditure as a result of the recession. Mr. Fraser
has at last adopted the Keynesian fiscal policies which were
used by Mr. Whitlam and advocated by Mr. Hayden and now by
Mr. Hawke." Just as we correctly predicted early in the life of the first Fraser Government that it was on the road to disaster, so we predict that a Hawke Government would continue down that same road. In a relatively short time Mr. Hawke would be charged, as he now charges Mr. Fraser, with breaking his pre-election promises. Mr. Bob Hawke's "democratic socialism" does not extend to attacking the debt system, or to offering any constructive policy for reducing financial costs and interest rates. The "radical" Mr. Hawke is so wedded to financial orthodoxy that he believes overseas financial investment in Australia is essential and that for this reason it will be difficult to reduce interest rates. This is what Mr. Howard also says. In one of his candid moments the then
Mr. Robert Menzies described himself as a "practical socialist",
and that Australians would accept from his Government what
they would not accept from the Labor Party. In more recent
times, Mr. Andrew Peacock, preparing himself to reach for
the Liberal Party leadership if Malcolm Fraser goes down on
March 5th, has said much the same thing. The initial stages of any revolution
are the most difficult, and if so-called conservative governments
can be used for this purpose, then the momentum can be progressively
increased with the threat of a more radical Labor Government.
So if you don't like Mr. Fraser's contribution to the revolutionary
movement then you are threatened with a return to another
Gough Whitlam government. But if the desperate electorate
is persuaded that perhaps Mr. Bob Hawke could possibly improve
the situation, then after a dose of more "democratic socialism",
the electorate might be convinced that perhaps Mr. Peacock
offers the possibility of getting Australia back to that "stability"
which allegedly non-Labor governments produce. A start can be made at the coming elections by recording the biggest possible vote for all Senate candidates who pledge that they refuse to permit the Senate to be used as a rubber stamp for any government. |
REALISM REQUIRED FOR NATURAL DISASTERIt was most appropriate that the phony election debate cease, as a combination of long drought, searing winds, the stupidity and the acts of either sick or subversive arsonists resulted in one of the greatest natural disasters in Australian history. The stupendous financial figures give some indication of the vast destruction of national wealth - houses, furniture, personal belongings including clothing, pastures and stock. But such is the enormous credit of Australia, its productive capacity, that a realistic financial policy by the Federal Government would enable much of the destruction to be overcome in relatively short time. Given the badly depressed state of the building industry, if adequate finance were made available builders could build over a thousand homes in a very short time. We applaud the views expressed by spokesmen for the Senate Integrity teams, who challenge both Mr. Fraser and Mr. Hawke to treat Australian refugees from the bush fires as generously as Vietnamese coming into the country are treated. There is growing resentment as Australians see Vietnamese driving around in late model cars, well dressed, and obtaining homes on terms denied to Australians. Integrity spokesmen are calling for a complete moratorium on all rural debt until the drought breaks and fire losses are overcome. They point out that while the Federal Government is donating $600,000, the same government has made hundreds of thousands of dollars available in the form of foreign aid to Communist and pro-Communist governments. "What we need is some of this foreign aid right here in Australia for our own desperate people. A mere $10 million would enable all fire victims to be reasonably re-housed," they are stressing. Some $4 to $6 million has been since promised by Mr. Fraser, but this is to go to State Governments. If the fire disaster has done nothing
else, it has provided encouraging evidence that the great
majority of those Anglo-Saxon-Celtic people whom the Grassby's
have smeared, are basically decent, prepared to make every
effort to help their fellows in a disaster. Young men, many
of them married with families, who lost their lives as volunteers
in the unique Australian fire fighting services have demonstrated
that type of service to their fellows, which should put most
politicians to shame. While it is right and proper that individual Australians should have the opportunity to demonstrate their deep compassion for their fellows with a flood of every kind of assistance, a financial policy by the government would make the task of adequate reconstruction quickly possible. If the drought and fires do direct attention to some realities, then out of destruction may come a much quicker regeneration process for Australia. |
BRIEF COMMENTSThe former Rhodesia continues to slide more rapidly into chaos. Wholesale killings are now commonplace. And what is the reaction of Prime Minister Fraser? In his election policy speech he recorded as one of his achievements the "independence" of Zimbabwe, but not one word of criticism from the Prime Minister about the brutal attitude of Nigeria towards other Africans. Not even Mr. Bob Hawke could be more sickeningly hypocritical on African affairs. The Accord, the name given to Labor's new Prices/Incomes pact with the unions has been leaked to and by the Prime Minister. It seems that in the few remaining days of campaigning the Liberals will wham the electorate with the "horror" of it all. Can Malcolm Fraser pull the Hawke lead back in time? Not much chance, if the Western Australian Liberal loss is any guide. Hawke has now emerged as the "Union Man" (he always was); and this is what he should NOT be seen to be, but it's late days now; probably too late to cause Mr. Hawke much worry. We predict now that Mr. Hawke's "Accord" will be a flop! Mr. Des Keegan, in The Australian (Feb. 21) says - "Emigration to Queensland looks like the only escape from the dead hand of socialism". David Potts, The Australian's Economic editor (Feb 21) says - "Now that the unions have so firmly identified themselves with Labor in general and Mr. Hawke in particular, the thought of a Prime Minister Hawke being run over by a bus, or the coalition being returned, is quite sobering." The National Times (Feb 20-26) carries a featured article on Senator Gareth Evans by Craig McGregor. Senator Evans will be Federal Attorney General in the event of the election of a Hawke Labor Government on March 5th. He is a protégé of ex-Senator Lionel Murphy (now a High Court Judge) and we can and must expect the same type of legislative thrusts from him. Senator Evans has his visions and is determined to impose them on Australia, come hell or high water. In this sense his intentions are totalitarian, and dangerous. Some of his intended legislation could spark a Constitutional crisis in the implementation thereof. He thinks he is the saviour to raise the Australian political machinery way above political and constitutional breakdowns. We can foresee the opposite. Now is the time to prepare the electorate for the Constitutional shocks and shudders, which almost certainly lie ahead. State Aid Nonsense |