The bullshit thread

[billy the kid]

Scumo continues to insist that he wants to keep Australians safe from the corona virus.
WHY then aren't the media questioning Scumo on his seemingly apparent approval of the plans
by Universities to fund Chinese students up to $7500 to return to Australia for their studies...
Is this subject too touchy for anyone to raise...is it that the media would be considered
sinophobic to raise this topic.....
When this topic is googled...there is no result...merely details of plans by Universities
making the offer...no results for any occasions where the topic has been raised with
the Prime Minister.....
One woman returns from Iran to her work in a beauty salon on the Gold Coast and tests
positive for the virus and its all over the news....
Yet no-one asks Scumo about the above.....
Looks like a snow job to me......

[Black Orchid]

A Senate inquiry has backed a controversial bill to ban cash payments of $10,000 and impose two-year jail sentences on people using cash for purchases above that limit, meaning it will soon become law.

https://www.abc.net.au/news/2020-02-28/ ... s/12011488

Next up negative interest

[billy the kid]

A Senate inquiry has backed a controversial bill to ban cash payments of $10,000 and impose two-year jail sentences on people using cash for purchases above that limit, meaning it will soon become law.

https://www.abc.net.au/news/2020-02-28/ ... s/12011488

Next up negative interest

While Im on a roll.....
Banks supposedly don't lend out their reserves.
They are able to lend out the deposits which are leveraged to ten.
If a depositor deposits say $1000 then the Bank can lend that $1000 out ten times.
If interest rates reduce, then no-one will deposit their money, therefore banks cannot lend it out.
They instead will make money by charging on the deposits they do have eg say 1% for each
withdrawal. If people withdraw their money before negative interest rates occur, then you have what is called a run on the banks. Small banks will fold first, as larger banks will not help them.
Large banks will seek help from Central Banks, and Central Banks will refuse.
Then you will have a bail in of depositors funds to bail out the banks.
This will occur in Australia as APRA have the legal right to either activate a bail in if a bank
is in trouble, or activate instead a government guarantee which would protect depositors
funds. The latter wont occur as the Bank would go under.
This has all been made possible by Hockeys legislation some time ago, introduced
in the middle of the nite when only seven persons were present.
If you contact a Bank to enquire about the grubberments guarantee they will tell you all about
it....BUT it doesn't exist...they really are just parroting what they have been told to parrot….
Whilst this all happens, digital currency will slowly be introduced and there will be no
fiat currency to withdraw. We will all be at the mercy of the banks, as, if there is no
physical money to withdraw, the banks simply keep it in the form of digital currency.
As I have always said...believe what you want to believe....

[billy the kid]

The bullshit continues...
The talking heads are now factoring in the corona virus when discussing real estate in Australia....
They (the Real Estate gurus) wouldn't be attempting to stoke up the market some more by implying
that Chinese buyers will be absent from the market due to the corona virus.....
QUICK....race out and buy a house everybody....buy while you have less opposition from the Chinese buyers.....
What a load of bullshit...….
I even read somewhere that guys with beards should shave them off because of the corona virus...
Also somewhere else that the corona virus was viewed in some areas as worse than the 9/11 attack
and the ensuing WMD/Gulf War etc etc....
The bullshit is flowing thick and fast as the bullshit media get as much mileage out of the corona virus
as they possibly can.....
Just like Frank Sinatra said once....Australian media are like two dollar hookers......

[billy the kid]

Had to happen.....
23 "persons" are seeking to have their deportation from Australia overturned....
Why.....
They're indigenous.....

[billy the kid]

What a con....
According to data just released, 530,000 women in Australia are now playing body contact sports
such as Rugby League, Rugby Union, Australian Rules Football and soccer....
So what I hear you saying....
Well, you see on radio recently, none other than Eddie Maguire stated...
“I go watch the women’s footy whenever I can, and if I can’t, I watch it on the TV.
“Yes, we have invested probably $1 million here at Collingwood, and we are a mile in front because of our women’s program.
“It has absolutely made football so much money in the last three years. Seriously, you would not know how much money it has helped.
“It’s going to be an absolute revolution for our game — it’s the next stage."
So its all about the money is it Eddie.....
Lets get women playing violent body contact sports to rescue our sport....
Lets get more women involved in sport so we can separate everyone from their money and our game
will survive....
Hang on a bit...isn't it all about skill, dedication, devotion to the game we all love...
blah blah blah....
Well, no...its all about money...rescuing a failing sport and a collapsing economy......
Go to a women's game of footie...buy petrol to get to the game...spend your money on food and drink at the
ground, buy some souvenirs..paint your face..buy a flag, buy a footie jumper...buy boots, jumpers, shorts, sox....
What a con......
I wouldn't waste my time watching women play football...
Who knows, maybe they can all get tattoos, drink copious amounts of piss and take a dump in the
foyer, like our male footie bonehead "stars"......
Yep girls....that's the way to gain respect....be like a man...…...
What a con.....
(BTW...bring your money.....)...


"

[billy the kid]

https://www.zerohedge.com/economics/ban ... -recession

No...the stock market is not a gamble...day trading is not a gamble....
Im waiting for the day that some well heeled punter takes on the ATO regarding CGT to be paid
on day trading profits....imagine the hole in the budget if he got up....of course it wont happen
as an obedient judge would find in favour of the grubberment…..
The peasants of the world must be kept peasants....
Let them eat cake....

[billy the kid]

All ords down 328....
No its not a gamble...…..

[billy the kid]

https://www.news.com.au/finance/busines ... 2a0c509b4c

Kikki K has gone belly up....add another one to the endless list....450 jobs and 65 shops....
There are some names on this list in the link Ive never even heard of......
Nothing will change until the grubberment suspends the Compulsory Superannuation Levy
and cuts the GST in half....amongst other cuts....
The grubberment has come out today with its stimulus package, blaming the corona virus
and the bushfires for the need for stimulus.....
Does that mean that without the corona virus and the bushfires, there would have been
no stimulus package.....that is not drawing a long bow is it...…….
We have no motor industry...all we have is our rocks....we even have to import wheat
from other countries....etc etc etc.....
Someone tell me that this does not amount to incompetence and mismanagement by our
state and federal grubberments….
Whilst our grubberments pander to overseas interests, this country goes down the gurglar….
Day after day after day...
AND Scumo and his cronies just keep on patting themselves on the back, telling each other
what a great job theyre doing.....
AND the Australian peasants just keep on swallowing the bullshit...…

[billy the kid]

https://www.abc.net.au/news/2020-03-12/ ... d/12046244

Someone explain to me why parents of fifteen year old kids have to fork out thousands of dollars for a school
excursion to the UK....
No wonder Australian peasants are on the bones of their arses…..
Ive never hear of anything so ludicrous.....
This qualifies as the bullshit story of the week.....