fintwat

700 posts

fintwat

fintwat

@fintwat1

Katılım Ocak 2020
223 Takip Edilen18 Takipçiler
fintwat retweetledi
🇦🇺Craig Tindale
🇦🇺Craig Tindale@ctindale·
The people who offshored our petrochemical and refining capacity are the same people who offshored our industrial base. They are the people who imagined that Australia could prosper in an asset-inflated, debt-driven economy, where we sold houses to one another, served coffee to one another, and called it prosperity. They are the people who built vast domestic schemes while allowing the productive base that funds them to decay. They are the central bankers who treated consumption as the measure of success, while the goods we consumed, the machines we needed, and the materials we depended upon were increasingly sourced from China. They are the people who speak solemnly of “net zero” while ignoring the fact that much of our carbon burden has simply been exported, manufactured elsewhere, and then consumed here with clean hands and dirty supply chains. They are the people who insist that Australian workers must have rights, protections, safety standards, and wages, while accepting that those same rights are extinguished for the workers who make our goods overseas. That is the modern colonial mind. It no longer arrives with a flag and a gunboat. It arrives with ideology, moral absolutism, and a lecture. It tells us what to think. It tells us what words to use. It tells us what industries we may have, what energy we may use, what history we must despise, and what future we must accept. And it did all this without ever asking the Australian people the central question: Do we wish to remain a serious country, capable of making, refining, building, repairing and defending itself? Or are we content to become a nation of consumers, administrators and moralists, living off assets we don’t build, supply chains we do not control, and energy systems we no longer understand?
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Shanaka Anslem Perera ⚡
Shanaka Anslem Perera ⚡@shanaka86·
JUST IN: The most powerful navy in human history just admitted it cannot safely escort a single oil tanker through a 33-kilometre strait. Reuters reported on 10 March that the US Navy has refused near-daily requests from the oil and shipping industries for military escorts through the Strait of Hormuz since Operation Epic Fury began on 28 February, citing the risk of Iranian attack as too high. Not once. Not occasionally. Near-daily. Every day for eleven days, the shipping industry has asked the US Navy for help, and every day the answer has been no. Consider what is deployed in the region. The USS Abraham Lincoln carrier strike group operates in the Arabian Sea. The USS Gerald R. Ford is in the Red Sea. The USS George H.W. Bush is en route or preparing for deployment. Three nuclear-powered supercarriers, each displacing 100,000 tons, carrying 75 aircraft, escorted by Aegis cruisers and guided-missile destroyers with the most advanced radar and missile defence systems ever built. France deployed the Charles de Gaulle carrier group to the Eastern Mediterranean and Red Sea. Britain sent HMS Dragon, a Type 45 air-defence destroyer, to defend RAF Akrotiri in Cyprus. Combined allied naval firepower in theatre exceeds the total military capacity of most nations on Earth. None of it can get a tanker through Hormuz. The strait is 33 kilometres wide at its narrowest point. Navigable shipping lanes compress to approximately 3 kilometres in each direction. Through this corridor, 138 tankers per day transited before the war. The corridor is now defended by 31 autonomous IRGC provincial commands with independent firing authority, pre-delegated orders from a dead Supreme Leader, coastal anti-ship cruise missiles, kamikaze drones, fast-attack boats, and a mine stockpile of 2,000 to 6,000 weapons, of which a few dozen are confirmed in the water with 80 to 90% of delivery platforms intact. The US Navy’s refusal is not cowardice. It is arithmetic. A carrier strike group is designed for blue-water power projection, not littoral escort through a corridor where a $500 contact mine can cripple a $4 billion destroyer. An Aegis cruiser’s radar can track hundreds of targets at 400 kilometres but cannot detect a mine sitting three metres below the surface. An F-35 can deliver precision strikes at Mach 1.6 but cannot sweep a shipping lane. The assets are wrong for the mission. The world’s most expensive hammer has been asked to thread a needle. Trump told CBS escorts would begin “as soon as possible” and “when reasonable.” His Energy Secretary posted that an escorted transit had already occurred, then deleted it when the White House confirmed none had. Iran’s Parliament Speaker mocked the claim as PlayStation. The IEA proposed the largest reserve release in history because the strait the Navy cannot escort through remains functionally closed. Ghalibaf was not wrong. The escorts do not exist. Not because America lacks the will. Because the Mosaic Doctrine created a threat environment where the cost of escort failure exceeds the cost of escort refusal. One mine striking one escorted tanker would produce a casualty event, an insurance catastrophe, and a strategic humiliation that three carrier strike groups cannot absorb. The Navy is not refusing to help. It is refusing to lose. Seven hundred tankers wait. Three carriers watch. And the 33-kilometre corridor between them remains the most expensive gap in the world. Full analysis here. open.substack.com/pub/shanakaans…
Shanaka Anslem Perera ⚡ tweet media
Shanaka Anslem Perera ⚡@shanaka86

The USS Gerald R. Ford is not parked near Iran. It is parked off Israel. And nobody is asking the only question that matters: why. The $13.3 billion crown jewel of the US Navy, the largest warship ever constructed, just positioned itself off Haifa. Not in the Arabian Sea where the Lincoln sits 850 kilometers from Iranian shores loaded for offensive operations. Not in the Gulf where strike range is optimal. Off Israel. Defending Israel. This is not redundancy. This is architecture. Two carriers. Two missions. Two entirely different strategic functions. The Lincoln is the sword, positioned to launch strike packages into Iranian airspace within hours of an order. The Ford is the shield, its Aegis missile defense systems creating an umbrella over Israeli population centers against the retaliation that follows the first Tomahawk. America just split its carrier doctrine into offense and defense simultaneously. That has not happened since the Pacific theater in 1945. But the positioning reveals something deeper than tactics. When Iran retaliates, and every wargame says Iran retaliates, its missiles and drones fly toward Israel. They will fly through the same airspace where a US carrier strike group is now stationed. Every Iranian missile aimed at Tel Aviv or Haifa must traverse the Ford’s defensive envelope. Shooting at Israel means shooting at, around, and through an American carrier group. Iran cannot retaliate against Israel without engaging American naval assets. The Ford’s position makes that physically impossible. The carrier is not defending Israel as a favor. It is positioned so that any Iranian response to American strikes automatically becomes an attack on American forces, triggering the full unrestrained weight of US military response without a single additional political decision required. This is escalation insurance written in steel and seawater. If the campaign goes longer than planned, if munitions run thin in 7 to 10 days, if allies hesitate, the Ford’s position ensures that Iranian retaliation does the political work Washington cannot do alone: it transforms a limited American strike into an act of self-defense that no ally can refuse to support. You do not park a $13.3 billion carrier where the enemy’s return fire will hit it unless you want the enemy’s return fire to hit it. The Ford is not there to prevent escalation. The Ford is there to guarantee that if escalation comes, it comes on terms that make American restraint politically impossible and allied participation politically unavoidable.​​​​​​​​​​​​​​​​ open.substack.com/pub/shanakaans…

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Jacinta Allan
Jacinta Allan@JacintaAllanMP·
Serious crimes deserve serious consequences. That's why Adult Time for Violent Crime is now in force.
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fintwat
fintwat@fintwat1·
@cmkusher Dip shit is already talking about tax cuts to provide much needed cost of living relief. Absolute peanut
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Cameron Kusher
Cameron Kusher@cmkusher·
I don’t want to pay more in taxes but if the Federal Government does anything in their Budget other than some fiscal constraint while inflation remains problematic, it is pure stupidity.
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Jim Chalmers MP
Jim Chalmers MP@JEChalmers·
Today the independent Reserve Bank Monetary Policy Board increased the cash rate by 25 basis points. This will be difficult news for millions of Australians with a mortgage and we understand the pressure that this will put on families and businesses. While today’s decision was widely expected, that doesn’t make it any easier. We know many Australians are doing it tough which is why we continue to roll out responsible cost of living relief, including a further tax cut later this year and another one next year. At the same time we’re doing what we can to strengthen the budget and address our longstanding productivity challenge.
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fintwat
fintwat@fintwat1·
@tonytardio How long till we are renamed the Weimar Republic?
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Tony Tardio
Tony Tardio@tonytardio·
Goodness .. the public transport expert, Vic roads expert, Covid expert, Dept of Transport expert, Housing expert and now Department of transport expert again.
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fintwat
fintwat@fintwat1·
@TheKouk As soon as the criminals are voted out
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Phillip Moore
Phillip Moore@phillipwmoore49·
What a disgusting front page from the SMH. Where’re the photos of Howard with Putin, Howard with Xi, Abbott with Xi, Xi talking to parliament when Abbott was PM? China is our major trading partner you imbeciles.
Phillip Moore tweet media
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Mike Carlton
Mike Carlton@MikeCarlton01·
The media panic about @bobjcarr and Dan Andrews meeting the dictator Xi Jinping is bizarre, hypocrisy on steroids. They’re the same addled pundits howling for @AlboMP to meet Trump - a dictator sponsoring the Israeli genocide in Palestine.
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fintwat
fintwat@fintwat1·
@matt_barrie Aussie mortgages largely float with the cash rate. Comparing them to 30y risk is a category error
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fintwat
fintwat@fintwat1·
@matt_barrie Mike Maloney has picked a stock market crash every day since 1971, so yeah he got 2008 right.
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fintwat
fintwat@fintwat1·
@DeItaone Russia the adult in the room?! Who saw this coming?
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*Walter Bloomberg
*Walter Bloomberg@DeItaone·
RUSSIA SAYS BOMBING NUCLEAR FACILITIES MUST NOT BECOME 'ROUTINE', RISK OF CATASTROPHE CANNOT BE JUSTIFIED
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Spencer Hakimian
Spencer Hakimian@SpencerHakimian·
“Japan gave us $550 billion. We get 90. They get 10. It’s not a loan or anything. It’s a. It’s uh. Uh signing bonus.” - Trump What?
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fintwat
fintwat@fintwat1·
@AvidCommentator If you spent the same amount of time actually working or building a business instead of years of posting this repetitive crap on twitter, you could have had a home by now
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Tarric Brooker aka Avid Commentator 🇦🇺
I'm often told: "Back in my day we moved out to the sticks to afford a home" Not taking the piss, but is there any evidence of that in aggregate net terms, of people moving out of metro areas to afford homes say pre-2000?
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fintwat
fintwat@fintwat1·
@AvidCommentator RBA 1 ppt cut: Mortgagors + housing wealth +0.10-0.15 % GDP – allowing for ~10 % of borrowers reducing repayment Retirees’ lost interest income -0.02 % GDP Bus capex +0.03-0.06 % (kicks in year 2-3)  Housing channel still king 👑
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Tarric Brooker aka Avid Commentator 🇦🇺
'Banks say borrowers aren’t reducing home loan repayments as rates fall' My theory that rate cuts could be a net negative for cash flow to households is looking increasingly likely. #Echobox=1751847874-2" target="_blank" rel="nofollow noopener">afr.com/companies/fina…
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fintwat
fintwat@fintwat1·
@BernardKeane Scores? Exactly how many hospitals have they destroyed?
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