Tag Archives: US

My great prediction


In a few days time, if it passes into law or not, we will pay GST on any goods we order that come from overseas.

Apparently this will be a big boost to our local retail sector. Unfortunately my prediction is that it will not be anywhere near as big a boost as they are hoping for.

For decades we have all had to pay the Australia Tax. This is the massive differences in price to, say, a notebook for sale in the US and the price the exact same notebook sells for here. You can find even worse examples in everyday painkillers (we pay around $8 for 24 ibuprofen tablets and in the US you pay $10-15 for 500 tablets!

Other examples are DVDs, CDs, books, food…. basically anything.

And when the companies that sell these products at vastly different prices are asked why, the excuse they always offer is the distance to Australia and our smaller market.

So either the suppliers are making a fortune because no-one in Australia has the guts to ask the tough questions or our local retailers are terrible at negotiating.

Maybe a bit of both. Personally I am staggered by the number of people here who will pay nearly double for the latest smartphone or Apple product, as they sell for in the US. Go ahead, check it for yourself.

So, my prediction is that on the 1st of July the people of Australia will have finally had enough of governments introducing new taxes seemingly every week. (A sugar tax? What a laugh. Apparently we can’t be relied on to make our own decision on what we should drink, so of course we need a tax to help us out. To paraphrase The Beatles, they’ll be taxing air next).

We will have had enough, finally, and we will revolt. Personally those items I purchased from overseas – because of this thing that is meant to be free, called the internet – I simply will not buy again.

Why not? Because every time I go to do so online there will be a stark reminder in my shopping cart, GST of 10%. I will get angry and log out.

And I will not buy it locally because unfortunately local retailers, big and small, are lacking when it comes to understanding buying on the internet. Ask them what a Google rating is and they will ask what movie are you referring to. Seriously, key into Mr Google the item you want to buy and stipulate Australia. The first items listed will be Ads for overseas sites, followed by some articles or reviews (from overseas of course) followed by something completely unrelated. Unless you include a store name in your search you will not even get close.

So until the local retailers discover Google search, it will make me so angry trying to find the item I want that I’ll end up not wanting it anymore. Shopping online should be easy and fun, and only a dozen or so Aussie retailers get it.

So, our local retailers will see a much smaller increase in online sales than they hoped for. My prediction is that less than 50% of what was spent overseas up until June 30 this year, will be spent locally in the next financial year.

If I see a news article stating how local retail has boomed I will know it is false, and was probably influenced by government press releases. How do I know this? Because every year, about two weeks before Christmas, every news outlet predicts the biggest spending Christmas ever of $X billion dollars. Then in February or March, on page 27, will be a small article saying the figures are in and it was actually a very disappointing Christmas for retailers. It happens every single year, like clockwork.

I am especially a fan of TV newsreaders proclaiming that in the last weekend before Christmas shoppers went crazy and spent $X billion dollars. Hello? How could you know that? Did you ring every shop in the State and ask them for their sales figures? No? Would the shops even know what their figures were for those two days, and get them to you within just 24 hours so you can run your news item? Somehow I doubt it.

Wet your finger and proudly hold it up high. There, now you have as much chance as getting your prediction right as 80% of our so-called economic ‘experts’.

As Steve Jobs said on many occasions, do not listen to anyone who says they are an ‘expert’ or worse, a ‘guru’, because no-one is, it’s impossible.

So buy big and buy now, the clock is ticking. At least this is one tax you can choose not to pay. And just think of all the money you will save!

Rebel Wilson’s defamation payout from magazine publisher Bauer Media reduced on appeal…???


If our learned judges can disagree so significantly, no wonder our whole world is upside down! Seriously, how can one judge award $4.5m and another, on the same facts, $600,000??

How the hell are we meant to know what is real and what is not when the System itself is full of lies, manipulation, inaccuracy, deceit and completely false reporting which is somehow our fault for shortening the news cycle? I for one certainly do not remember contacting the news media and asking them to broadcast any old crap because I want to read it quickly them get on with my life.

Did I miss a memo??

They also tell us there is no inflation, yet we get far less for the same money than we ever used to. Fewer crisps in packets pumped full of air, packs of four becoming packs of three for the same price, and our taxes such as car registration, ESL, Land Tax, speeding fines (which you cannot convince me is not a tax and a barely legal one at that) all tripling in price, or more.

Our cost of living has risen significantly and yet inflation is somehow measured as being between 1.5 and 2% here in Australia??

But we are wrong, of course, they couldn’t possibly be calculating the inflation rate incorrectly…heaven forbid!

We are being kept in the dark and lied to consistently, and far more often than we were ten years ago. It is all since the GFC and the consequences of which that still affect our economy today.

If we taxed everyone 100% of their salary it would still take many years to pay off our country’s debt. The poor USA has around $2 trillion in debt! I feel a default coming on, and not just in the US of good old A.

All our so-called Leaders and ‘Experts’ can do is disagree violently with each other, making fools of themselves when they don’t think we see right through them. How many of these expert’s predictions have actually come true? So please don’t call them experts in the media before you have asked how accurate they have been!

Any moron can be an Expert, just ask me.

We have been completely rooted by the powers that be, by major banks and other companies who can only see dollar signs and act on greed. And yes we know it is happening, you have not fooled us, as evidenced by the last few elections which have been massive messages of ‘we don’t trust you’ with a very large middle finger extended for emphasis.

And which dickhead made the rule that if you work just one day a fortnight then you are not counted as unemployed?? Give me a break and at least be somewhat realistic and make it 5 or 6 hours a week. One?? Really?? So our unemployment rate, the real rate we feel in real life and not those that live in fantasy land in their lofty offices who make these moronic decisions. Our unemployment is probably 2-3 times higher than reported, and we all know it and yet no one says it because it would be too awful to hear.

Sometimes the truth is the bitterest of all pills to swallow.

Sorry, when I saw this article I just had to vent. It blows me away that a judge can award $4.5 million then another judge hearing the same evidence awards just $600K….???

Unbelievable. That is how I describe our lives today.

No privacy because it’s for our own good, fighting wars because of WMD’s that were never there, the greed and corruption that brought on the GFC and still no one has gone to jail for it.

Dairy farmers going broke but supermarkets saying that it’s not their fault they started a price war of $1 per litre.

Large businesses making record profits and bonuses when our wages have hardly moved in ten years?

Just how stupid do these idiots think we are?

Don’t answer that, please, it will only make me angrier!

Trump’s big tax cut announcement saves his companies millions!


As usual, the rich get richer and the poorer “should” benefit from higher wages from larger corporate profits, if they decide to pay them of course, or even think about paying them.

Higher incomes?? Hang on, we need to satisfy shareholders, to pay them dividends, and the fact that they (shareholders) are in the top percentage of rich people is just a mere coincidence.

Trust me, I’m a politician delivering tax cuts for the wealthy….I mean the needy…oh whatever, I’m off to choose my new car with the multiple millions the tax cuts just saved my company…

To read the full story click here.