Balneus

Australian Lefty on Politics, Governance, Science and Info Management

Wedgie time! Love for our Diggers or bow to the Saudis?

Posted by Dave Bath on 2009-10-15


While most people think doffing your cap to "the Digger tradition" is a nice thing for Australian politicians to do (even if cheezy!), it’s a different thing when those diggers are miners in the Big Carbon Mafia, and it’s not a hat tip, but the politicians going cap in hand, political donations in mind (and more than just thirty pieces of silver).

The argument of the Big Carbon mob for all those free Carbon Credits (its really a massive subsidy from public funds and a budget hole the righty parties are quiet about) is a direct analogy to an argument by Saudi Arabia for subsidies, an argument that sent someone at The Economist "Free Exchange" blog into a spin (go to the post and follow the links):

Give the Saudis points for audacity.

… Saudi Arabia is trying to enlist other oil-producing countries to support a provocative idea: if wealthy countries reduce their oil consumption to combat global warming, they should pay compensation to oil producers.

[Chief Saudi Negotiator said…]

Assisting us as oil-exporting countries in achieving economic diversification is very crucial for us through foreign direct investments, technology transfer, insurance and funding

…If the billions of dollars per day the world has been sending oil producers for years now haven’t been enough to fund diversification, I’m not really sure what will be.

And just how is the argument of our Big Carbon Mafia any different?  Oh, that’s right, nobody has actually agreed to handing over squillions to the Saudis yet… while our major parties either rushed to empty the budgetary coffers for the next however-many-years, against all expert independent advice, or complained the rush wasn’t fast enough!

If this becomes better known, KRudd and Wrong will suffer a giant wedgie… agree with the Saudi line and be the world’s laughing stock and cop the voter backlash, or scoff at the Saudis and look like utter hypocrites.

But most Australian voters seem to be unable to detect hypocrisy.

I had half a mind to tag this as "humor"… but it’s too black for that.

Advertisements

One Response to “Wedgie time! Love for our Diggers or bow to the Saudis?”

  1. zombinol said

    Perhaps you need a new category, Economic Surrealism.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: