$42 billion to bail-out the unions
February 12th, 2009
The Canberra Times has run a critical article on Rudd and his send-a-lot-package. I’ve been saying for a little while that the $85 billion in total stimulus measures announced over the last six months have been partly designed to protect the ALP’s funding base – including Labor Holdings, the CFMEU, banks, Queensland construction industry and the ALP Government’s Queensland Investment Corporation (Ruddbank is a prime example of this). All of whom contribute in some way to the ALP’s political and financial fortunes. In relation to the immediate $42 billion package:
The jobs that are being created are all in the construction industry. It is a massive pay-off to the Construction, Forestry, Mining and Energy Union for its huge contributions to the ALP at the last election. Incidentally, it will improve the working conditions of members of the Teachers Federations, which are solid supporters of the ALP.
There was also this note on the media’s coverage of MT:
Turnbull was unable to complete any answer during an ABC interview last week. He was interrupted whenever he sought to answer, by an interviewer determined to put him on trial.
Aggressive, and no wonder. With the prospect of an early election at the end of 2009, the ALP/ABC is trying to hold the fort before things get worse:
And lose seats the ALP government certainly will, as 200,000 or 300,000 Australians who are not safely ensconced in the public service or, more sinisterly, members of the CFMEU, lose their jobs.
And Kevin Rudd would have us all believe that MT is driven by ideology. Well yes, an ideology that seeks value for money over crony fiscal policies that expand the reach government at the expense of private enterprise. It’s called classic liberalism.
See also:
- Mainstream media becomes desperate for Gillard success (July 18th, 2010)
- Rudd’s deficit worse than Greece’s (June 8th, 2010)
- IMF: more debt = less growth. Eco Hist 101 (May 21st, 2010)
- ASX 200 down: thanks Rudd! (May 7th, 2010)
- NYT miss-represents bank regulation (April 29th, 2010)





Leave a Reply