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Posted

That photo simply cries out for a caption. Something like ScoMo saying "Suck it up, Chump!", to match ScoMo's expression.

 

By the same token, Macron is intent on ruling this neck of the woods with a massive French influence expansion. The submarine deal getting canned has put a huge crimp in that expansion plan.

Like it or not, the S.E. Asian/Oceania region is the area where all the superpowers are now intent on getting domination, to counteract China's dominance.

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  • 2 weeks later...
Posted

This longish video gives more info about our subs than anything I’ve previously seen and explains how the Collins class has turned out to be an excellent boat.

It also explains why we need to build them here; well worth the time.

 

 

 

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Posted

One of the fathers of a girl in my daughter's year is a senior Royal Navy officer. I saw him today for the first time since the pandemic and joked that "I hear our government is buying a couple of used vanguard class submarines from your government."

 

He laughed a bit, and shook his head and muttered something, without going into any detail, I may add, that it has caused quite a problem for him..

 

Curiosity is killing me.,  Wished I had never mentioned it in the first place.

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Posted
12 hours ago, Jerry_Atrick said:

One of the fathers of a girl in my daughter's year is a senior Royal Navy officer. I saw him today for the first time since the pandemic and joked that "I hear our government is buying a couple of used vanguard class submarines from your government."

 

He laughed a bit, and shook his head and muttered something, without going into any detail, I may add, that it has caused quite a problem for him..

Throughout history, the main problems for defence personnel have come from their political masters.

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Posted

China is throwing clog in the works at the moment by questioning if Australia is breaking the nuclear non proliferation act, by getting nuclear fuel in the subs it is supposedly getting under AUCUS.

i think they have a good question, we may well be doing the wrong thing, as we may have been doing when we sported the fuel.

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Posted

After Paul Keating gave almost everyone a spray over the subs deal, a Sky journo suggested Keating (aged 79) was past it on current geopolitical matters. They regularly champion the views of Howard (83), Trump (76), and their boss Rupert is 92.

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Posted
28 minutes ago, willedoo said:

After Paul Keating gave almost everyone a spray over the subs deal, a Sky journo suggested Keating (aged 79) was past it on current geopolitical matters. They regularly champion the views of Howard (83), Trump (76), and their boss Rupert is 92.

Why waste time on anything coming from the evil empire? It’s not likely to be true.

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Posted

Here's what I would do, and it would cost very little compared with the subs deal.

I. get Jabirus to design and build a thousand drone-type special Jabs. Really long -range drones, but only one-way things. Perhaps with diesel engines, I dunno if a standard ignition system is vulnerable to an EMT hit.

2. get up non-electronic inertial guidance systems and fit them to the Jabiru drones.

3. make up a thousand dirty bombs and put one in each Jab drone. No electronic components anywhere.

 

After having these things, we could get rid of a lot of other expensive military things. Then we start making real nukes from our plentiful uranium supplies. Sent off to say China, and sea-hugging all the way, the few that got through would sure muck up any victory parade. In fact, I reckon we would be as safe as possible from being attacked to begin with.

 How could any defence be sure to shoot down all those drones? 

 

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Posted

That should have read EMP for electromagnetic pulse. My understanding is that anything electrical can be buggered up by a nuclear bomb. So I would expect a diesel engine to be unaffected, similarly inertial nav hardware.

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Posted

Just back to Keating for a second - he quotes the subs deal, as the "“worst deal in all history”.

 

No Paul - the "worst deal in all history" is when YOU oversaw the sale of the Commonwealth Bank to the big private banks, so they could rort all of Australia unfettered by the handbrake of the Govt-owned Commonwealth Bank. 

You shafted every Australian by allowing unfettered private bank greed for centuries to come - the exact thing the Commonwealth Bank was set up to combat. King O'Malley isn't just rolling in his grave, he's spinning in it.

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Posted

Although Hawke and Keating were the better combination of leaders I can recall, they both were economic rationalists - sort of Thatcherites. Even Blair and Brown (which was almost like watching a later Hawke and Keating show) were also economic rationalists... which sort of flies in the face of the Labour movement which underpins both Labor and Labour.  Blair was, after his premiership, quoted as being a proud Thatcherite.. By then end of his term, he was ubiquitously hated in the Labour party. But they have not won an election since.,

 

It is easy for ex-PMs to become benevolent after their term; they don't have to answer to anyone, keep the fractious party factions in line, deal with lobbyists, etc.  Just look at the difference in public life of the late Malcolm Fraser compared to his life as a PM. Gordon Brown, up until Lizz Truss, was probably the most disliked PM (he never won an election) in Britain, but afterwards is revered for his public comments on all matters from economics to social justice - positions he never adopted, or probably could not adopt when he was Treasurer and then PM after the downfall of Blair.  As Treasurer, he famously sold around half of the country's gold reserves in one of the most depressed markets: https://www.bullionbypost.co.uk/gold-news/2019/may/07/worst-deal-uk-history-20-years-brown-sold-britains-gold/#:~:text=In 1999%2C Chancellor Gordon Brown,would generate much better returns.

 

I agree - the worst decision of Keating was to sell the CBA. There is little evidence to suggest the CBA would have performed worse in government hands. In fact, as it was 100% government backed, it could have probably been better placed to take the upswing and weather the downside.

 

However, let's not forget - all Aussie banks - well the major ones - as far as I can tell were quite solid during the GFC. 

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Posted

I have to admit, the cost is eyewatering, except it is $368bn over a 30 year period, which makes it slightly north of $12bn/year., which is not that bad.. Of course, that excludes maintenance and operations... 

 

But, I agree with the sentiment; warfare is changing and let's not forget, Australia is really hard to invade successfully. Maybe Indonesia has a good chance, but the supply logistics for China and other countries so far away would make it a difficult endeavour to say the least.   

 

The war in Ukraine highlights the importance of unmanned vehicles, including the water vessel that blew up the Crimean bridge. 

 

Michael West Media released a story and one of the things he says, which rings true is that it is a transfer of sovereignty. I can't help but think there are some large brown paper bags flowing around - not implying Albanese is caught up in it, nor even Morrison, but someone is. 

 

That large an investment could probably spawn many home grown industries that could plug our defence and other industry gaps. There is no reason that Australia cannot do a lot more by itself. Let's not forget, unless we are being blatantly lied to, these are nuclear powered submarines - they are not armed with nuclear weapons such as the Tridents.  

 

 

 

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Posted (edited)

From Wikipedia ....

 

Commonwealth Bank of Australia (1991–1996)[edit]

The Commonwealth Bank of Australia (CBA), often referred to as the People's Bank, was privatised in three stages, commencing from 1991 to 1996, by Treasurer Paul Keating, representing one of the earliest privatisation projects in Australia.[35] It was initiated due to the burden of government investment to ensure the viability of the Bank, which was "a net cost to the taxpayer".[36] The profits accumulated from the sale of Commonwealth Bank equated to over $7 billion by 1996.[37] In recent years, the CBA has become one of the most profitable banks in Australia, with strong financial performance and a 10% growth in dividends annually.[38] This policy was considered sensible by economists at the time, due to the competitive environment which CBA was operating in, rendering it inefficient.[39]

 

Of course, all those economists who advised on the sale of that "useless" Commonwealth Bank, were all trained and formerly employed by the big private banks .....

 

Edited by onetrack
Posted

Australia makes $1.3 billion missile purchase

 

On Friday, Defence Minister Richard Marles confirmed Australia is also set to acquire hundreds of Tomahawk cruise missiles from the United States as part of the AUKUS security pact.

 

"It's a really important part of what we need to be doing with our posture, which is to have a greater ability to project," he told Nine's Today program about the $1.3 billion purchase.

 

"Making sure we have longer-range strike missiles is a really important capability for the country. It enables us to be able to reach out beyond our shores further and that's ultimately how we are able to keep Australia safe."

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Posted
4 hours ago, facthunter said:

I thought it was HOWARD who privatised Combank. Keating "floated" the currency.  Nev

Howard privatised Telecom Australia (as it was known at the time - now Telstra)

Posted (edited)

I agree.. he was bang out of order... Anbd I think Conroy was quite right - Keating doesn't receive the security briefings anymore.

 

In fact, Conroy's retort made me think the Doomsday clock isn't about climate annihilation, but about WW3 annihilation. This is shaping up about a battle between east and west; good v bad; democracy v autocracy.

 

I need a drink.. Jacob has come around this eve.

 

Time to watch the footy (y'know - the real one from down south)  😉

 

Edited by Jerry_Atrick
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Posted (edited)

Keating has always been soft on China. His claims that China has never threatened us doesn't jell with their military chiefs threats, and the constant Chinese attempts to impose their will on us, with trade embargoes (lobster, wine, coal, etc).

 

China does pose a threat to us, not only because of the sheer numbers of Chinese, but because they are cunning and devious control freaks.

 

When they realised they'd stuffed up with Australian lobster imports, they bought all our lobster processing facilities. When they kicked themselves in the nuts with the bans on Australian coal (which only sent the the price of coal soaring), they quietly dropped the coal sanctions.

 

The Chinese have steadily bought up vast amounts of mineral processing facilities and mines and ore reserves, until today they almost totally control the worlds production of zinc, they own and control most of the mineral output of Africa - and they have control of 40% of the worlds copper, 59% of the worlds lithium, and 73% of the worlds cobalt. They almost totally control the worlds supply of rare earth elements.

 

China's cunning long-term plan is to ensure that they control all the minerals critical to the New Electric Era. The Americans have only just woken up to the fact that they've ignored Africa as a major mineral province and source of cheap ores and minerals for far too long. But they're 20 years too late.

 

I don't have any problem with ensuring we kick China in the nuts on a regular basis, and I believe we have already allowed too much Chinese ownership and investment in Australia, with lax controls over what they own, and what they do with it. They've wrecked our property market by excessive property investment, especially in Sydney.

 

Australians and Australian companies would be completely unable to acquire the same level of investment in Chinese property and businesses in China, as we have given them here.

Paul Keating is a has-been - like so many ex-PM's, they suffer from "relevance-deprivation" syndrome, and like to think they still play a large part in controlling the direction of the nation.

 

Edited by onetrack
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Posted

Keating is only News Candy for the "Daily HATE", Newscorpse lot. He's always been a stirrer, calling the Senate "Unrepresentative SWILL". There's no point to doing the' tough guy" hunky ' provocative stance of Scotty from marketing as it just feeds the state controlled media in China. Likewise the "Wolf Warrior" Chinese thrust was counter productive to China-Australia  interests..  Nev

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