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	<title>Comments on: I hate retro acts</title>
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	<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/</link>
	<description>Life, Culture and Politics from BrisVegas</description>
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		<title>By: Boy from Flynn</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144252</link>
		<dc:creator>Boy from Flynn</dc:creator>
		<pubDate>Thu, 09 Jul 2009 04:50:31 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144252</guid>
		<description>&quot;The &#039;debt-deficit hysteria&quot; is purely a neo-liberal lie based upon faulty economic reasoning from a bygone age. Their aim is simple: to prevent the government from pursuing full employment in order to keep wages down and a pool of unemployed people to provide cheap labour when they do get offered a job.&quot;

Perfectly summed up in one go Andos.

The sad part is that the lie is so believable to the misinformed public because it makes such logical sense - of course a the budget of a government that presides over a modern monetary economy utilizing a non-convertable fiat currency with a floating exchange rate works exactly the same way as a household budget...... doesn&#039;t it? Of course they have to finance their spending through earning, taxing or borrowing........don&#039;t they?

Of course, we know that this is completely wrong but when it comes to understanding how the basics of the modern economy function, the public is completely unaware of facts and their implications such as (1)Keating floated the dollar, (2) the Bretton Woods system is history and (3) the gold standard is WAY history.

So we could stay chained to the neo-liberal ideology for a long time to come yet.</description>
		<content:encoded><![CDATA[<p>&#8220;The &#8216;debt-deficit hysteria&#8221; is purely a neo-liberal lie based upon faulty economic reasoning from a bygone age. Their aim is simple: to prevent the government from pursuing full employment in order to keep wages down and a pool of unemployed people to provide cheap labour when they do get offered a job.&#8221;</p>
<p>Perfectly summed up in one go Andos.</p>
<p>The sad part is that the lie is so believable to the misinformed public because it makes such logical sense &#8211; of course a the budget of a government that presides over a modern monetary economy utilizing a non-convertable fiat currency with a floating exchange rate works exactly the same way as a household budget&#8230;&#8230; doesn&#8217;t it? Of course they have to finance their spending through earning, taxing or borrowing&#8230;&#8230;..don&#8217;t they?</p>
<p>Of course, we know that this is completely wrong but when it comes to understanding how the basics of the modern economy function, the public is completely unaware of facts and their implications such as (1)Keating floated the dollar, (2) the Bretton Woods system is history and (3) the gold standard is WAY history.</p>
<p>So we could stay chained to the neo-liberal ideology for a long time to come yet.</p>
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		<title>By: Andos</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144251</link>
		<dc:creator>Andos</dc:creator>
		<pubDate>Thu, 09 Jul 2009 02:27:26 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144251</guid>
		<description>&lt;a href=&quot;http://bilbo.economicoutlook.net/blog/?p=3346&quot; rel=&quot;nofollow&quot;&gt;Debt is not debt!&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p><a href="http://bilbo.economicoutlook.net/blog/?p=3346" rel="nofollow">Debt is not debt!</a></p>
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		<title>By: Sir Robert Gordon Menzies, KT, AK, CH, QC</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144250</link>
		<dc:creator>Sir Robert Gordon Menzies, KT, AK, CH, QC</dc:creator>
		<pubDate>Wed, 08 Jul 2009 23:23:03 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144250</guid>
		<description>Sir John, the day you voted yourself out of office was your finest day of public service.

By the by, when Harold, my successor and your predecessor, eventually turns up here in heaven, I imagine he&#039;ll be very fluent in Mandarin.

Wouldn&#039;t you like to be fluent in at least one language, Bungles?</description>
		<content:encoded><![CDATA[<p>Sir John, the day you voted yourself out of office was your finest day of public service.</p>
<p>By the by, when Harold, my successor and your predecessor, eventually turns up here in heaven, I imagine he&#8217;ll be very fluent in Mandarin.</p>
<p>Wouldn&#8217;t you like to be fluent in at least one language, Bungles?</p>
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		<title>By: Sir John Grey Gorton, GCMG, AC, CH</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144249</link>
		<dc:creator>Sir John Grey Gorton, GCMG, AC, CH</dc:creator>
		<pubDate>Wed, 08 Jul 2009 14:44:23 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144249</guid>
		<description>And that&#039;s God Calls Me God to you Bob.</description>
		<content:encoded><![CDATA[<p>And that&#8217;s God Calls Me God to you Bob.</p>
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		<title>By: Sir John Grey Gorton, GCMG, AC, CH</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144248</link>
		<dc:creator>Sir John Grey Gorton, GCMG, AC, CH</dc:creator>
		<pubDate>Wed, 08 Jul 2009 14:21:54 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144248</guid>
		<description>You&#039;re all a pack of self-serving bastards. What? Oh a pink gin thanks darling. Have we taken off yet?</description>
		<content:encoded><![CDATA[<p>You&#8217;re all a pack of self-serving bastards. What? Oh a pink gin thanks darling. Have we taken off yet?</p>
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		<title>By: Must not use strawman logic...</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144247</link>
		<dc:creator>Must not use strawman logic...</dc:creator>
		<pubDate>Wed, 08 Jul 2009 11:57:22 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144247</guid>
		<description>&lt;blockquote&gt;My old DLP wasn’t anti-union&lt;/blockquote&gt;

Oh Dead Frank, I&#039;m tempted to google those &quot;NCC unions&quot; I mentioned @ 30 to find out whether they were pro-union or not!

(But seriously, there are Leftwingers here who would dispute that the DLP was ever pro-worker. We better not start that argument. I don&#039;t won&#039;t a double chai latte thrown over my head by an enraged defender of the socialist faith. Which, in this topsy-turvy age, would probably make me decide to start voting Green.)</description>
		<content:encoded><![CDATA[<blockquote><p>My old DLP wasn’t anti-union</p></blockquote>
<p>Oh Dead Frank, I&#8217;m tempted to google those &#8220;NCC unions&#8221; I mentioned @ 30 to find out whether they were pro-union or not!</p>
<p>(But seriously, there are Leftwingers here who would dispute that the DLP was ever pro-worker. We better not start that argument. I don&#8217;t won&#8217;t a double chai latte thrown over my head by an enraged defender of the socialist faith. Which, in this topsy-turvy age, would probably make me decide to start voting Green.)</p>
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		<title>By: Sir Robert Gordon Menzies, KT, AK, CH, QC</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144246</link>
		<dc:creator>Sir Robert Gordon Menzies, KT, AK, CH, QC</dc:creator>
		<pubDate>Wed, 08 Jul 2009 01:33:26 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144246</guid>
		<description>The DLP still exists?

Next you&#039;ll be telling me that my beloved Carlton Football Club is full of criminals.

Preposterous.</description>
		<content:encoded><![CDATA[<p>The DLP still exists?</p>
<p>Next you&#8217;ll be telling me that my beloved Carlton Football Club is full of criminals.</p>
<p>Preposterous.</p>
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		<title>By: FDB</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144245</link>
		<dc:creator>FDB</dc:creator>
		<pubDate>Wed, 08 Jul 2009 01:28:27 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144245</guid>
		<description>Heh.</description>
		<content:encoded><![CDATA[<p>Heh.</p>
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		<title>By: Jack McPhillips</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144244</link>
		<dc:creator>Jack McPhillips</dc:creator>
		<pubDate>Wed, 08 Jul 2009 01:26:18 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144244</guid>
		<description>&lt;blockquote&gt;My old DLP wasn’t anti-union. It was anti-commo-union. Or are you suggesting that anyone who was anti-commo was automatically anti-worker and anti-union?&lt;/blockquote&gt;



Yes.  And not just your mob, but also the bloody anti-Soviet revisionists like the Aarons family, the Tafts, Frank Hardy, Jack Mundey, Laurie Carmichael, John Halfpenny, Mikhail Gorbachev, etc.</description>
		<content:encoded><![CDATA[<blockquote><p>My old DLP wasn’t anti-union. It was anti-commo-union. Or are you suggesting that anyone who was anti-commo was automatically anti-worker and anti-union?</p></blockquote>
<p>Yes.  And not just your mob, but also the bloody anti-Soviet revisionists like the Aarons family, the Tafts, Frank Hardy, Jack Mundey, Laurie Carmichael, John Halfpenny, Mikhail Gorbachev, etc.</p>
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		<title>By: Frank McManus</title>
		<link>http://larvatusprodeo.net/2009/07/07/i-hate-retro-acts/#comment-144243</link>
		<dc:creator>Frank McManus</dc:creator>
		<pubDate>Wed, 08 Jul 2009 01:07:31 +0000</pubDate>
		<guid isPermaLink="false">http://larvatusprodeo.net/?p=8854#comment-144243</guid>
		<description>Well, yairs.
Always more to learn. But have a look at that DLP website. Very respecful of my old party. Claims the old DLP brought many issues into the mainstream for the general good.

Susan Davies left the ALP before she was elected as an Independent in Victoria.

My old DLP wasn&#039;t anti-union. It was anti-commo-union. Or are you suggesting that anyone who was anti-commo was automatically anti-worker and anti-union? I don&#039;t agree, &quot;Must learn more&quot;.</description>
		<content:encoded><![CDATA[<p>Well, yairs.<br />
Always more to learn. But have a look at that DLP website. Very respecful of my old party. Claims the old DLP brought many issues into the mainstream for the general good.</p>
<p>Susan Davies left the ALP before she was elected as an Independent in Victoria.</p>
<p>My old DLP wasn&#8217;t anti-union. It was anti-commo-union. Or are you suggesting that anyone who was anti-commo was automatically anti-worker and anti-union? I don&#8217;t agree, &#8220;Must learn more&#8221;.</p>
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