Taxing Termites, Wetlands, Volcanoes and Sacred Cows?

A termite mound. 1957-58, Summer at Tennant Creek, Australia – Image: Chris Gregory

UPDATE: The image previously displayed has been replaced with a more accurate representation – previous pinnacle image was misidentified as a termite mound in the Zemanta suggested images offered by WordPress.com to bloggers.

Letter to the Editor – Watts Up With That?

Australia’s tax on carbon dioxide now applies to big power stations, rubbish tips, steel works, cement plants, refineries and coal mines. But many of them have been given exemptions or compensation packages. Naturally they will pass all net costs onto consumers, but our government says that most voters will be compensated and will feel no pain. So it all looks like achieving a net nothing.

Carbon dioxide is produced whenever animal or vegetable matter is burnt, digested or rots. So when do we start taxing the big-time emitters such as termites? There are trillions of them quietly munching their way through timber, dead trees and grass. Then we have all the rice paddies, swamps and wetlands emitting that other dastardly natural gas, the Will-o-the-Wisp, methane. And who is going to chase India’s 280 million sacred cows with gas collection bags?

Mother Earth is also a huge “carbon polluter”. Will we have a “Red Adair” putting caps on Earth’s 1,500 active volcanoes? Or will BP be hired to drop blow-out protectors over the 139,000 sub-marine volcanoes?

It is obvious that the whole war on carbon is futile and will have no measurable effect on Earth’s atmosphere or Australia’s climate.

It’s just a wealth redistribution and control caper.

Viv Forbes,

Rosewood Qld Australia

forbes@carbon-sense.com

I am happy for my email address to be published.

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66 thoughts on “Taxing Termites, Wetlands, Volcanoes and Sacred Cows?

  1. The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
    Winston Churchill

  2. It never ceases to amaze me how gullible the public is. I did notice in the QLD election that it was the yuppy suburbs that voted green. The people that acually work the land have more sense. Best car sticker I’ve seen: “the only true wilderness is between a greenies ears” I saw that on the back of a typical country ute covers in dust with pig dogs in the back.
    Never mind folks 13th Feb 2013 not far away.

  3. Viv.
    Good work. I’ll open a bottle of bubbly when this load of carbon crooks get tossed out and the Carbon tax repealed.

  4. Mother Earth is also a huge “carbon polluter”.

    Carbon is NOT pollution!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  5. As Jo Nova has so clearly pointed out, the Gillard deception of the ‘painless carbon tax’ just doesn’t work. Higher costs on every thing balanced by compensation for the higher cost, sounds like a zero sum game. But nowhere is there any return to the economy for the billions being taken out of it.,
    Queen Canute’s demonstration that she can stop the tide of carbon dioxide by throwing other people’s money into the ocean is acknowledged as being useless in its own right. Some defend it as being a signal to the rest of the world. Again it’s a failure in its stated aim, with Germany using its carbon tax money to build coal fired tax. The only signal it’s giving is the bird to the Australian public.
    The ‘fake market’ the Labour Government has created was supposed to make using ‘green’ energy economically competitive. It’s even failed in doing that.

    http://www.wakeup2thelies.com/2012/07/04/customers-who-use-renewable-energy-will-be-charged-the-carbon-tax/

  6. I think of governments like I do casinos….. They both run on very low margins…but every time a dollar changes hands, they get 3cents. Every new tax is another opportunity to grab another 3cents.
    Now you know why governments and casinos get rich. They lose a little on every deal, but they make it up in volume.

  7. Viv, anyone with more than 2 brain cells to rub together knows this already. The trick is convincing those who are brain cell challenged to listen. You have to get their attention first. That usually requires deft employment of a 2×4 upside the haid.

  8. Australia’s tax on carbon dioxide now applies to big power stations, rubbish tips, steel works, cement plants, refineries and coal mines. But many of them have been given exemptions or compensation packages. Naturally they will pass all net costs onto consumers, but our government says that most voters will be compensated and will feel no pain. So it all looks like achieving a net nothing.

    Has anyone crunched the numbers? Dollars to doughnuts that there’s a “rounding” or “smoothing” hiding in the percentages that will result in the gummint hauling in quite a bit of additional lucre.

  9. Yeah. Your email addy says it all. Sound.
    We in the UK have trouble with politicos, too; they think they understand – but have degrees in politics or meia studies, mostly. BTW – the only UK Prime Minister ever to have a science degree was Margaret Thatcher. See various other rants – Cameron not fit to lace her boots [and he is about the least awful [no 'e'] of the front benches at this moment!].
    What happened to that Aussie poll about climate change that featured here a month or two back? Did Team Gillard ever announce that about 50% of responders thought their policies were the sort of matter ejected from the East end of a West-bound bovine? And a fifth of the rest thought that nothing was proven anyway?
    Ahhhhh. Thought not.
    Pity about the cricket, though.

    Auto

  10. I just read the next stage of warming nonsense in an article about hydrogen powered vehicles, where handwringers worry about the 25 times more potent exhaust: water vapor. In particular they consider it a big no-no for planes to use hydrogen as fuel since they’d leave hundreds of tons of the deadly water vapor in the stratosphere.

  11. turnedoutnice says:
    July 8, 2012 at 11:57 am
    That’s not a termite mound; it’s limestone from the Pinnacle Desert in WA…..”

    You are correct, Sir! Good ‘spot’!

  12. A net nothing, huh? There’s no free lunch. These peddlers of doom and carbon taxes and green energy are pushing many countries toward the brink of bankruptcy. Looks what’s happened in Europe. Ineffectual green energy has grown in many European countries to cost billions and billions of Euros a year, and is a major contributing factor in the Euro crisis. This is not, frankly, sustainable. It is insanity.

    http://suyts.wordpress.com/2012/07/06/a-must-read-on-the-horrible-morass-solar-energy-has-created-in-italy/

  13. It’s just a wealth redistribution and control caper.

    Actually, it is a clever financial scam. The “tax” only lasts three years, then converts to a cap and trade scheme when Wall Street, The City, China, all the carbon derivative players step in. Cap and trade had to be hidden as a “tax” first because many of the Australian Green Party politicians, who are otherwise total believers in AGW and think they can stop it, don’t buy into cap and trade as anything but a scam. They are right, it is. But they also think they “got” something with the tax, and think they might be able to stop cap and trade later, but they are arrogant and wrong. They are locked in.

    Both Obama and Romney admins, might use Australia as a test ground for this strategy, like the health industry bought out Romney and used Massachusetts as a testing ground for Obamacare. If anyone thinks this is about redistribution to poor people, not rich, you are little differently deluded than the Greens.

  14. It won’t be a “net nothing”. It will be upward redistribution. Banksters and financial sector companies will get a free ride because they produce nothing but crime. Big corporations that produce things or services can afford armies of lawyers and lobbyists to buy exemptions. Small or middle businesses that provide real stuff and services will bear the full burden.

    Many of them will fail, which is the exact and complete purpose of ALL laws.

  15. turnedoutnice says:

    July 8, 2012 at 11:57 am

    That’s not a termite mound; it’s limestone from the Pinnacle Desert in WA…..
    ————————————————————————————————————————————

    Looks like something else…..just say’n

  16. Is the morphology of the limestone pinnacle in the foreground meant as a symbolic subliminal suggestion as to what the Australian pols are doing the population?

  17. Just repeating a comment I’ve made locally here in Oz:

    Consider the pointy nature of the Carbon Tax. The GST was broad, pervasive and based on what was super-abundant in modern times: mass consumption of goods and services. Its introduction was a remarkable political achievement.

    The carbon dioxide tax targets the most essential Australian products: our raw energy resources,when the energy is generated within Australia. That’s why it stinks so bad. Then there is the fact that it could evolve into an ETS – a price on a fraction of thin air, to be juggled and fiddled by all those “productive” scoundrels we neglected to lock up after ’08.

    Of course, our decrepit coal facilities will chug and sputter along, wasting precious coal, while more than 70% of our massive coal production is hauled offshore to be incinerated (though less wastefully than here). Our uranium will be in the ground or on boats while we wait for the invisible pixie hand of the elfin market to create nukes by mysterious osmosis. The enormous regrowth of the Australian bush during this wet phase will be CO2 again when the dry westerlies come whistling over the divide in the next droughty phase. (I know, I know, impolite subject.)

    Meanwhile, some money will have changed hands, some spin will have been spun. Which is what it’s all been about. No wonder an environmentalist is a banker’s favourite vegetable.

  18. DJ, casinos actually operate in the black. The U.S. Federal government spends 50% or so more than its revenue.

  19. Ted says:
    July 8, 2012 at 11:52 am

    Viv.
    Good work. I’ll open a bottle of bubbly when this load of carbon crooks get tossed out and the Carbon tax repealed.

    I’m on your side with that and I hate to contradict but Abbott is going to do no such thing…..

    He’s given a cast iron guarantee.

    Just not going to happen mate.

  20. The reality is Labor want to tax you for exhaling and the Liberals want to pay you nothing for working (work choices legislation )-why cant I vote none of the above .

  21. Termites eat tree rings. Make them pay for it! (They’d use wooden nickles probably.)

  22. The radical enviros are a dangerous anti-human cult, and it is time they were so recognized. The enviros recklessly advocate the eradication of masses of humanity. They believe the only solution to environmental problems is to reduce the population of humankind. They hide behind many smokescreens, such as global warming alarmism, and probably know their entire argument is false. They are aided by many “useful idiots” who embrace any foolish cause, so long as it fits their political template.

    Evidence at http://wattsupwiththat.com/2012/06/28/newsbytes-world-cooling-to-global-warming/#comment-1020878
    and http://wattsupwiththat.com/2012/06/28/newsbytes-world-cooling-to-global-warming/#comment-1022591

    See also http://www.greenspirit.com/key_issues/the_log.cfm?booknum=12&page=3
    The Rise of Eco-Extremism, by Patrick Moore, a co-founder of Greenpeace.

    Politicians like Julia Gillard probably fall into the “useful idiot” category – surrounded by sycophants and uneducated in the sciences, they are unaware of how incredibly ignorant they really are, and are easily duped by politically motivated scientists and civil servants.

    If you want to understand the future of Australia under a carbon tax, just look at Western Europe.

    I visited Australia in 2005 and loved that great country and its warm, friendly people.

    I would say “good luck Australia” regarding your new carbon tax, but that would be a lie – you won’t have good luck and you are going to suffer under this idiotic new tax.

  23. “Naturally they will pass all net costs onto consumers, but our government says that most voters will be compensated and will feel no pain. So it all looks like achieving a net nothing.”

    Voters will be compensated ??! Who told you that, the same person that siad their would be no carbon tax under her government ?

  24. Guess what, the mirror image of tax cuts that pay for themselves is tax increases that have no negative effects. It just depends on who is better at organized lies with a passion.

  25. “jim heath says:
    July 8, 2012 at 11:52 am
    It never ceases to amaze me how gullible the public is. I did notice in the QLD election that it was the yuppy suburbs that voted green. The people that acually work the land have more sense”.

    Unfortunately those who work the land aren’t considered too PC or a bunch of redneck hicks so their opinion counts for less. In the World of CO2 AGW/CC ‘Green Loving PC Yuppies, Academia & Politics.

    Round 2 of further ETS implementations have been put on hold here in NZ.

    Slow economy puts ETS plans on hold

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10816999

    The NZ Agricultural sector was supposed to part of the PC Carbon Tax (ETS) by Jan 1st 2013.

    Of course CO2/GHGs from Termites, wetlands and Volcanoes don’t count. Only human emissions count according to the PC World of AGW./CC. It has a habit of underestimating natural emissions and overestimating human emissions!

  26. After the last election, you think they might slow down. But leftist can’t because the truth does not matter. Science is simply a means of scaring people into leftist schemes. Obama has funded half a dozen green energy schemes that have not only proven disastrous, but are obviously corrupt. But does he learn? No, he doubles down.

  27. Follow the Money says:
    July 8, 2012 at 12:49 pm

    “It’s just a wealth redistribution and control caper.

    Actually, it is a clever financial scam…..
    ___________________________________
    It is a wealth redistribution system just like all the rest of the bureaucratic nonsense has been worldwide. Only no one ever tells the poor activist schmucks carrying the “Social Justice banner” that the redistribution is of THEIR wealth into the pockets of the City of London and friends and not into the pockets of the poor.

  28. turnedoutnice @ 11.57am:

    I must say that my first reaction to the photo was that it looked like The Pinnacles in Western Australia (a couple of hours north of Perth). It doesn’t look much like a termite mound to me.

  29. turnedoutnice says:
    July 8, 2012 at 11:57 am
    “That’s not a termite mound; it’s limestone from the Pinnacle Desert in WA…..”
    ———————

    I must say, I should have seen this immediately as well, but was fooled by the upright phallic nature of it AND by my expectation that the poster had to be right since so many posters here are. In other words, I “wanted to believe”, just like our friends in the CO2 camp.

    Evenso, if it’s limestone or even limey sandstone, it’s giving off CO2 with every passing rain, and contributing to “the problem”, just like evrything else.

  30. Kaboom says:

    July 8, 2012 at 12:15 pm

    I just read the next stage of warming nonsense in an article about hydrogen powered vehicles, where handwringers worry about the 25 times more potent exhaust: water vapor. In particular they consider it a big no-no for planes to use hydrogen as fuel since they’d leave hundreds of tons of the deadly water vapor in the stratosphere.

    *

    I’ve noticed that if any alternative actually works, it’s not wanted by the greens. Hydro-electric is the same, it works but “we mustn’t hurt the fishies”. Windmills are fine (who cares about the birdies, right?) because the system is lousy (“That’s okay, we’ll blame Global Warming for the brown-outs and blackouts”). I’m sure if windmills worked a treat, the greens would be screaming about the loss of bird-life and demand that we mustn’t use wind-power.

    We weren’t supposed to be so smart and work out viable alternatives, like hydrogen cars. We were/are supposed to allow civilization to crumble and us to become mindless animals again (no offence meant to animal intelligence).

    The greens HATE us to get it right or good. They want us to accept what will not work, set it in place, close down everything else, then sit back and have the lot collapse around us. Trouble is, smart minds come up with smart solutions. Oh drat, says the greens… :)

  31. The termite mounds I have seen are tall, yes, but wide and flat, with the purpose ofminimizing solar irradtion heat input (if I remember my guide corretly).

  32. “(G)overnment says that most voters will be compensated and will feel no pain.”
    Translation: “the check is in the mail” and “they will respect everyone in the morning”.

  33. the gillard Australian GOV,T main agenda is control over us, she has the ACCC who are our carbon tax police thay just spent $4000,000 on their offices , Russia starlin all over again.the fines come with not complying with these laws that nobody can get there head around.thay are massive $1100.000 down to $6000 eg If you own a A/c company you are breaking the law if you talk to a nearby A/C company about carbon tax. the main problem is the Y generation are to busy texting to worry about there future

  34. Ah yes, wind blown remnants with cap stones; better cover them up before someone labels them the result of acid rain.

  35. Gail Combs says:
    July 8, 2012 at 2:54 pm
    Follow the Money says:
    July 8, 2012 at 12:49 pm

    “It’s just a wealth redistribution and control caper.

    Actually, it is a clever financial scam…..
    ___________________________________
    It is a wealth redistribution system just like all the rest of the bureaucratic nonsense has been worldwide. Only no one ever tells the poor activist schmucks carrying the “Social Justice banner” that the redistribution is of THEIR wealth into the pockets of the City of London and friends and not into the pockets of the poor.
    =============================================================
    “Animal Farm” tells what happens even when such things start with the best of intentions.

  36. Gail says:

    It is a wealth redistribution system just like all the rest of the bureaucratic nonsense has been worldwide.

    Well, I like your all inclusive approach better and will use it. Before, the buzzwords “wealth redistribution system” always signaled to me a kind of limited belief, like a fantasy, that the forces of the world are out to take money from the wallets of the middle class to give it to poor people, not process it to certain rich entities. I’ll change.

  37. Follow the Money says:
    July 8, 2012 at 6:16 pm
    Gail says:

    It is a wealth redistribution system just like all the rest of the bureaucratic nonsense has been worldwide.

    Well, I like your all inclusive approach better and will use it. Before, the buzzwords “wealth redistribution system” always signaled to me a kind of limited belief, like a fantasy, that the forces of the world are out to take money from the wallets of the middle class to give it to poor people, not process it to certain rich entities. I’ll change.
    ================================================
    “Animal Farm” is an good description of what happens to the best of plans when people are involved.
    Reminds of that Linus quote from the comic strip Peanuts when Charlie Brown said he didn’t like Mankind, “MANKIND! I love Mankind. It’s people I can’t stand!”

  38. Just popped up:

    http://news.ninemsn.com.au/article.aspx?id=8496121

    Family slugged with ‘carbon tax fee’ for funeral
    05:30 AEST Mon Jul 9 2012

    A Melbourne family who claim they were slugged an extra $55 “carbon tax charge” when burying a relative were told “even the dead don’t escape the carbon tax”.

    Weren’t they going to prosecute businesses who dared to claim the carbon tax, which naturally was passed on to consumers, raised prices in any way?


    Climate Change Minister Greg Combet said it would be “reprehensible” if any cemetery was taking advantage of grieving families by overcharging them for funerals.

    The ACCC, which is investigating three companies accused of blaming the tax for price hikes, said it would be willing to investigate the claims.

  39. That tax push effort probably did not count on weak demand from China which was assumed to be the deep pockets paying the tab for the tax. China needs to do some big stick punishment to go along with order cancellations of Airbus jets as payback for the EU carbon tax on airlines.

  40. john says:
    July 8, 2012 at 2:18 pm
    “I’m on your side with that and I hate to contradict but Abbott is going to do no such thing…..
    Just not going to happen mate”.
    The good thing about democracy is that we will be able to discover whether he will or not in a years time.
    I intend to find out.Hopefully enough people will give him a chance to do what he promises..or not.

  41. 10% of the carbon tax revenue was commited to the UN in Cancun. Then Gillard says 50% of the revenue will be returned in the form of compensation. Then Combet, I think, said 100% of the revenue will be returned in the form of compensation. Hummm…I wonder which it is? Either way we know it’s a scam to tax poor people and hand that money to the rich.

  42. Wood feeding termites’ guts host CO2-reducing aceto-genic bacteria that use much of the CO2 they get from carbohydrate molecules derived from fermenting wood’s lignin& cellolose. A lot of that CO2 is being retained in the termite’s gut to be converted by those symbiotic bacteria into acetate. This CO2 reducing symbiosis provides the termite with about 30% of it’s acetate (the principle energy source of termites). Wood termites aren’t just passing gas as they go on about their way .

  43. One problem with the letter: what humans add to the atmosphere is one-way addition of what was captured millions of years ago, when CO2 levels were many times higher than today. Termites and insects in general, animals and rotting vegetation are only recycling what was taken out of the atmosphere some months to a few decades ago. That recycling in average doesn’t add any extra CO2 to the atmosphere, to the contrary: about halve of the extra CO2 caused by humans is captured in natural sinks (mainly land vegetation and the -deep- oceans). Thus nature is not a source of extra CO2 and can’t be taxed for that reason.

    That doesn’t mean that the carbon tax isn’t utterly nonsense and the best way of committing economical suiside in a country that lives from coal for their power. Expect that a lot of the heavy power dependent industry will move to SE Asia sooner or later…

  44. Has anyone else noticed that No Tricks Zone is down? This is the message i get –
    ============
    The Domain notrickszone.com is disabled.
    Please get in contact with your Reseller for more information.
    Powered by ispCP Omega
    ===========
    This looks a bit worrying. I don’t like the word “disabled”. It doesn’t sound like a temporary glitch.

  45. CO2 Cap and Trade: As countries try to become “energy independent” not only will they be dependent on outside energy source, they will be dependent on outside CO2 credits. How stupid is that?

  46. Iren;
    not hardly. Here’s the current notrickszone.com headline: “Cold Snap Claims 14 Lives In Chile…Agricultural Emergency In Argentina…Tasmania Coldest Temperature In 30 Years…

    By P Gosselin on 9. Juli 2012

  47. gringojay says:
    July 8, 2012 at 8:58 pm Wood termites aren’t just passing gas as they go on about their way .
    ===========================
    unlike the Liar, who IS passing flatus with every word she utters!
    if I hear “its the right thing to do..” one more time.
    I will break someone elses TV..(as I dont have one)

  48. Australia’s tax on carbon dioxide now applies to big power stations, rubbish tips, steel works, cement plants, refineries and coal mines. But many of them have been given exemptions or compensation packages. Naturally they will pass all net costs onto consumers, but our government says that most voters will be compensated and will feel no pain. So it all looks like achieving a net nothing.

    Maybe the photo AND the letter, which did not mention termites, these eusocial insects are well known to most who work in northern Australia, was meant to be condensed in minds to:-

    <Thanks for the stupid tax d**ckheads. We'll all keep working and producing and contributing…. to spread our taxed earnings for nought, these empty pinnacles cast in Australian soil of our own men and women, on our own Australian land.

  49. pat says:
    July 8, 2012 at 2:49 pm
    Obama has funded half a dozen green energy schemes that have not only proven disastrous, but are obviously corrupt. But does he learn? No, he doubles down.
    ========
    They haven’t proven a disaster for everyone. The PC money (politically connected) got in early, made out like bandits, and got out. A percentage of the take was plowed back into campaign contributions. A win-win, for some. Why would you not double the stakes the next time?

  50. Ferdinand Engelbeen says:
    July 9, 2012 at 1:56 am
    That doesn’t mean that the carbon tax isn’t utterly nonsense and the best way of committing economical suiside in a country that lives from coal for their power. Expect that a lot of the heavy power dependent industry will move to SE Asia sooner or later…
    ===========
    Wouldn’t it make more sense for Australia to simply stop selling coal to China and cut Carbon Pollution in that way? Surely the coal that Australia ships to China must be killing millions of Chinese through global warming.

    How long will it be before the Chinese sue Australia for the damages? After all, if you sell a defective product and the product later proves to be harmful, you are liable for the damages.

    The Australian government has now publicly acknowledged that coal is a harmful product, in that it creates CO2 which creates dangerous global warming. They have moved to protect their own people, while continuing to knowingly ship a dangerous product to China.

    Surely this will lead to Australia being sued by China for damages. It is only a question of when.

  51. R. Shearer says:
    July 8, 2012 at 2:14 pm

    DJ, casinos actually operate in the black. The U.S. Federal government spends 50% or so more than its revenue.
    _____________________________
    You missed the point. It is the FED (a private banker cartel) who is the one who rips off about 5% of every single dollar that is printed.

    Appendix E – Money Is Created by Banks Evidence Given by Graham Towers

    Some of the most frank evidence on banking practices was given by Graham F. Towers, Governor of the Central Bank of Canada (from 1934 to 1955), before the Canadian Government’s Committee on Banking and Commerce, in 1939… Here are a few excerpts:

    Q. But there is no question about it that banks create the medium of exchange?

    Mr. Towers: That is right. That is what they are for… That is the Banking business, just in the same way that a steel plant makes steel. (p. 287)

    The manufacturing process consists of making a pen-and-ink or typewriter entry on a card in a book. That is all. (pp. 76 and 238)

    Each and every time a bank makes a loan (or purchases securities), new bank credit is created — new deposits — brand new money. (pp. 113 and 238)

    Broadly speaking, all new money comes out of a Bank in the form of loans.

    As loans are debts, then under the present system all money is debt. (p. 459)

    Q. When $1,000,000 worth of bonds is presented (by the government) to the bank, a million dollars of new money or the equivalent is created?

    Mr. Towers: Yes.

    And the Central Banks in every single country charge interest on every penny they loan to the government, to business or to private individuals.

    Moreover large corporations and big government are the “Friends” of big banks. Small entrepreneurs, especially those dealing in cash only are the enemy because the banks and the governments do not get their “Cut” on each transaction. “Cash only” sales or barter are often transparent to taxation and do not include the loans, checks and credit/debit cards the banks make money from.

    The reason governments like fiat currency is the easy instant access to any amount of money of any kind without the taxpayer being involved directly in the loop. The citizens get socked later through inflation. Wages never ever keep up with inflation and therefore inflation is an indirect “tax” on everyone’s wealth. Also since the Government is not responsible for the printing press they can pretend they have nothing to do with the inflation caused by printing new money to cover government debt.

    This puts governments, corporations and banks on one side of the wealth (not money) equation and the rest of us on the other. If you can understand this wealth transfer mechanism you can understand why the small entrepreneur is “The Enemy” and the target of the big three in terms of punitive regulations, and lack of loans for startups. As a global phenomenon, entrepreneurial activity absorbs a substantial amount of human and financial resources…. the myth of 9 out of 10 new businesses closing in their first year. [is untrue] …using Dun & Bradstreet data they found that 76 percent of new firms were open after two years…. Only one-third of new businesses (33 percent) closed under circumstances that owners considered unsuccessful.

    Some interesting articles on money:
    US History of Fiat Money: http://kwaves.com/fiat.htm

    Inflation: http://grandfather-economic-report.com/inflation.htm

    Economic “Recovery” model Explanation:: http://www.financialsense.com/stormwatch/oldupdates/2003/1003.html

    AIG bailout: http://www.thenation.com/article/153929/aig-bailout-scandal#

    Hyperinflation: http://www.nakedcapitalism.com/2011/04/what-are-the-preconditions-for-hyperinflation.html

    Hyper-inflation is the terminal stage of any fiat currency. In hyper-inflation, money looses most of its value practically overnight. Hyper-inflation is often the result of increasing regular inflation to the point where all confidence in money is lost. In a fiat monetary system, the value of money is based on confidence, and once that confidence is gone, money irreversibly becomes worthless, regardless of its scarcity. Gold has replaced every fiat currency for the past 3000 years. http://www.kwaves.com/fiat.htm

    OH, and this is very interesting (testimony at Senate committee hearing – From the financiers subpoenaed, only J.P. Morgan Jr., Davison and Vanderlip bothered to show up….): http://www.bigeye.com/bankers_make_war.htm

  52. Noelene says:
    July 8, 2012 at 7:50 pm
    The good thing about democracy is that we will be able to discover whether he will or not in a years time.
    ========
    Jean Chretien was elected PM in Canada in 1993 on the promise to scrap the GST. After the elections Chretien “abolished” the GST by creating the HST. 19 years on GST and HST both exist.

    In BC we voted to scrap the HST. This tax was foisted on BC after our last election. After the government made an election promise not to introduce the tax. BC people organized to repeal the tax. Our government announced the tax will be abolished April 1, 2003 (to be replaced by the PST). April Fools!

    Taxes to politicians are like crack to junkies. They will make any promise you ask to get more. Actually, it is unfair to compare junkies to politicians. There are some things junkies won’t do.

    crack head
    1.one who is highly addicted to the euphoria brought on by crack cocaine.
    2. one who does stupid things.

    politician
    1.one who is highly addicted to the euphoria brought on by higher taxes
    2. one who does stupid things.

    http://www.urbandictionary.com/define.php?term=crack%20junkie

  53. ferdberple says:
    July 9, 2012 at 7:54 am

    Wouldn’t it make more sense for Australia to simply stop selling coal to China and cut Carbon Pollution in that way? Surely the coal that Australia ships to China must be killing millions of Chinese through global warming.

    How long will it be before the Chinese sue Australia for the damages? …
    ____________________________
    Ferd, That has to be one of the best comments I have seen. We need to send it to all our political “Representatives” in the USA, and Australia. (The EPA ruled coal is a hazard to human health too) Better yet send this to EVERY SINGLE NEWSPAPER starting with the Huff ‘n Puff, The Grauniad and the other greenie screamers.

    Talk about ‘hoist by one’s own petard’ Just listen to all those international corporations making the move to China and India for the non-regulations, cheap labor and cheap power SCREAM!

    Do I have your permission to use the comment with modification (USA plans to ship Coal) to my local greenie screamers?

  54. From Iren on July 9, 2012 at 2:49 am:

    Has anyone else noticed that No Tricks Zone is down? This is the message i get –

    This looks a bit worrying. I don’t like the word “disabled”. It doesn’t sound like a temporary glitch.

    The timing suggests you may be affected by the “DNS Changer” malware. Info: http://www.bbc.com/news/technology-18735228

    The FBI had set up a “workaround” to keep the internet going, which shut off at midnight (Eastern Time?).

  55. Those who commented on the picture are correct. It is not a termite nest and I did not select it. I have sent a picture of a real termite nest to Anthony.

    Viv Forbes

  56. I got to thinking over the weekend while driving around my air conditioned ute:

    Is there anyone in Australia will not refill their air conditioner in a vehicle, fridge, or office because of the new tax on eqivilant CO2 gasses?

    So, does the addition of this tax make any difference to the use of gas, or the global tempertures?

    None, and none.

  57. The carbon tax may well be innocuous in its original form. This is to help us become comfortably accustomed to the fact of its existence. What the tax morphs into — after some judicious tweaking — could be something less pleasant. (Think of a harmless, hibernating grizzly bear waking up, hungry, in Spring.)
    However, if this tax is going to help us ‘Save the Planet!’ then almost no price is too high in pursuit of this supreme objective. A bit of hardship, a few businesses going bankrupt — unfortunate casualties in this Holy War.
    There are really only two possible legitimate objections to a measure that is designed to save us all:
    1. Point out that the science justifying the tax is straight-out wrong, or dodgy to the point of being fraudulent;
    2. Point out that the tax will utterly fail to achieve the purpose for which it was ostensibly created.
    The Federal Opposition have failed to come up with anything meaningful on these lines. I am inclined to believe that the Government is heading for a much-merited electoral bloodbath but, like ‘john’ above, I have very little faith in the quality of the replacement. Perhaps it’s because of the sceptical tenor of this site.
    P.S. Thanks, ‘GoodBusiness’, for the Churchillian quote. However, it is important to keep in mind that if you have the power to suppress dissent, then the truth is whatever you say it is. Long live the WWW!!

  58. in Austraia we have termites that build large mounds.
    They actully are smart enough to build them so they have the least exposure to the sun
    This is especially apparent in the NT
    If earth had no atmosphere it appears the temp would be -15c
    End of story about as to if we need air etc.
    Air as in the different gasses that make it up.
    Any small amount of understanding tells you that without retained heat we all would not exist.
    Any small amount of reasoning also tells you that upsetting the broad balance can and will have an effect.

  59. From the looks of that rock hammer embedded in the termite mound, the Ozzie gummint has already been making attempts to shake down induce the termites to pay up…

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