BEFORE CORPORATIONS HAD IT ALL

Do not kid yourselves for one second that corporations are here for anyones benefit other than their own shareholders here

Then out of those shareholders only the 1% of them,then going a little further just the 1% of the 1% or 147 global corporates which are owned 50.01% by the 12 banks making up the US Federal Reserve here

Here in Australia like many other parts of the world public ownership of infrastructure [roads-railways-sea along with air ports-hospitals-schools etc] and services [Employment-Social Security-Education-Health etc] are known as COMMONWEALTH .

It`s worth here to put the simple Wikipedia definition of a Commonwealth because so many people have either forgotten what it really is,or basically never knew,pedants will forgive me

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Commonwealth is a traditional English term for a political community founded for the common good. Historically it has sometimes been synonymous with "republicanism".

The English noun "commonwealth" in the sense meaning "public welfare; general good or advantage" dates from the 15th century.[1] The original phrase "the common-wealth" or "the common weal" (echoed in the modern synonym "public weal") comes from the old meaning of "wealth", which is "well-being", and is itself a loose translation of the Latin res publica (republic). The term literally meant "common well-being". In the 17th century the definition of "commonwealth" expanded from its original sense of "public welfare" or "commonweal" to mean "a state in which the supreme power is vested in the people; a republic or democratic state".[2]

Three countries – Australia, the Bahamas, and Dominica – have the official title "Commonwealth", as do four US states and two US territories. More recently, the term has been used for fraternal associations of some sovereign nations, most notably the Commonwealth of Nations, an association primarily of former members of the British Empire, which is often referred to as simply "the Commonwealth"

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Smoke and Mirrors Lie Behind Balanced-Budget Rhetoric. There are few things more creative than a state government in dire financial straits, which is to say most of them. States are well versed in all manner of financial chicanery, from simple accounting gimmicks to pushing off payments

We`ve gone from a budget emergency in the 2014 budget to "Australia is one of the world`s best economies" right now according to Joe Hockey

What does this mean then?

Any right minded individual would have to assume that the 2014 "budget emergency" is over and Australia has turned the corner by being on top of it`s fiscal balances again.

The terrible financial burden left by Labor has been reparied and their debt was being paid down,WRONG

Wrong because the deficit has nearly been doubled without a GFC and stimulus packages to indebt us exponentially more than normal.

So what is being asked of us then by our Treasurer Joe Hockey and the Ministry of Finances Mathias Cormann now that the budget emergency is over and we are once again a prosperous nation? sell assets they ask.

The Prime Minister Tony Abbott mouths these two words often as well "sell assets'

You`ll of course remember NSWvotes2015 where Abbott offered Baird&NSW $5billion if power was privatised

This is still the case as far as anyone is aware.

Wait a sec this right minded individual says to no one but themselves,why are these conservative Liberals still wanting to sell public owned assets when the economy is good?

The LNP`s logic was/is Budget Emergency = sell off assets and Economic turnaround = sell off assets

Of course the Australia Institute graph up there will be ignored as a budget repair tool because the rich need more lifting according to Mr Hockey and hey,why not tax cuts to stop bracket creep

Removing negative gearing would also not be considered because this will stop the rentier set from claiming tax relief on their borrowed for,and already established rental property purchasers

Now that I`ve made you look harder at the smaller print we come to something else Mr Hockey wants to do,raise the GST

There`s convential wisdom going around that Australian taxpayer subsidies to all corporations total $41 billion per year

Now the current fiscal balance is in deficit by $44.5 billion or [3% of GDP] and I ask readers to look back up this page and see if they themselves can turn budget deficits into surplus by eliminating corporate handouts and handouts to our own rich

On top of record profits for the ASX 200 companies they then rip off Australian Treasury with tax avoidance schemes

Which of course leads us to Free Trade Agreements {FTA`s}

All Free Trade Agreements are aimed at taking away Australia`s Sovereignty and have ISDS elements inserted by corporations and pushed by corporate owned government {The USA}

Every Rep or Senator in the US Congress bar one are owned lock stock and barrell by corporate entities here

So getting back to privatization we see that this is the trick of the IPA controlled LNP to have foreign corporations {TransNats} rule us in what is known as GLOBALISATION.

The TPP TiSA CHAFTA all have ISDS and cannot be allowed to proceed in their current form because their main aim is the privatization of all our COMMONWEALTH

Also as a Sovereign Nation we can print and distribute our own currency {RBA act} here

Thank you for reading

Biggy