Landlords and Moneylenders do we need them,

Posted by January 21, 2015 Uncategorized 6 Comments

It is now official, the Abbott government informed all taxpayers, that the total Australian property value for 2015 was $20.000.000.000.00. twenty trillion dollars. Over the Last 20 yrs. –85% of that total value $17.000.000.000.00 could be described as equity— money that was never worked for, just created in a greedy persons mind, most of this equity was turned into real money by Banks ( moneylenders), who control the financing of all this property/pretend money, so how does it turn into real money all those who have a mortgage on property pay back to the Banks real money that was worked for, all those who pay rent are worse off they have to pay rent based on the value of the property that include equity gained by the landlord, when will humanity wake up. it is as if we are all brain dead. unable to suss out . this corrupt system that controls how much money is printed, and who gets to own most of it. the money market is a scam against all those people who work hard. just imagine how this equity was spent. how much tax did the Government receive, just imagine you had $100.000 in the bank over the past two years, you would have lost $30.000 against other world currencies, but if you had it in a Sydney investment property you would have gained $10.000 in equity against your $100.000 add to that rent 10% of $880 a week, but that does not work out that way. the landlord borrows/ acquire pretend money to buy property that will be financed by real money provided by the tenants.

 

6 Comments

  • How can you even rent in Sydney on $65,000 a year? How does a low paid worker, a pensioner, a student, an unemployed or disabled person, all on inadequate government support, rent in Sydney? You can’t, or you have to live two hours from the centre of the city, or in group houses, or make other “adjustments”.
    This housing and rental crisis, for example, is one of the reasons why more than one-third of pensioners (those renting rather than those who own their own homes) live below the poverty line. This is the second highest number of poor pensioners in any OECD country.
    The solutions on offer from the government (and the opposition) are all market oriented. The housing market is the problem, not the solution.
    Instead, we could abolish negative gearing and abolish the capital gains tax discount — two measures which effectively give billions a year to the top 10% of income earners. Getting rid of these legislated tax rorts, along with superannuation concessions, would raise about $16 billion.
    Labor wants to make some small adjustments to the capital gains tax and negative gearing. The Liberals won’t touch these areas, unless with even more superficial changes. Wait for the Budget.
    The government supports letting the market rip but wants to give the impression of doing something, without upsetting their rich mates, supporters and voters.
    Oh, and themselves, given that minister Peter Dutton (Australia’s next prime minister?) has $5 million worth of negatively geared properties. And he is not alone.
    At least 97 federal members and senators, or their partners, own an investment property. A handful own more than ten, while 50 MPs own more than two investment properties.’
    Every night Dutton stays in Canberra when Parliament is sitting, his $276 a night accommodation allowance covers the cost of rent — to himself and his wife. Nice work if you can get it.
    ‘An examination of the register of interests of MPs and senators show 31 MPs and 23 senators have residences in Canberra – largely in the leafy, well-heeled suburbs that surround Parliament House such as Kingston, Barton, Griffith and Forrest.’
    The need to give the impression of doing something without really doing anything about housing affordability explains the nonsense debate in Government about allowing first home owners to use their compulsory superannuation savings to fund a home deposit. Look, we are doing something!

    Labor are treading carefully on housing because they fear bolder initiatives might cause prices to fall. The housing market is already a bubble. Any changes risk destroying the value of millions of homes. The political fallout of the bubble bursting would be disastrous for whoever is in government. The fact is, however, that the bubble is likely to burst sooner or later, given the rapidly escalating costs are pricing many working people out of the accustomed housing and rental markets and forcing them into alternatives that are often stressful and unwanted.
    A first step in addressing the housing affordability crisis, then, would be a new mass public housing programme. This could be paid for by increasing taxes for wealthier Australians.
    A second step would be rent control. 25% reduction in all rents on property, Each State and Territory has the capacity to control rents — there is no chance of a coordinated response along these lines.
    The third step would be to increase real wages to make the housing market in Sydney and Melbourne affordable again. That is an issue for the labour movement — especially in a time of falling real wages. It would require a real class struggle to smash the three decades of wealth and income shifting from labour to capital.
    The ACTU wants to lift the minimum wage by $45 a week from its current $34,980 to $37,420. I say if we double all wages . double all prices for everything other than property, and rents –this kind of action will take back some of the equity gained/created on property, debt will remain the same, so it will make it easier to buy a home. the fact is the system has been working in a opposite direction. Over the last 40yrs some property prices have risen to 100 times the original cost. From $8000 to $800,000
    Finally, we could lift the payments we make to the homeless, pensioners, students, the unemployed, the sick, the disabled and others we support through government payments out of the poverty levels in which they currently exist,
    This will all require massive social and industrial struggles. The market is not the answer to the problems of the market. We must take action to right its wrongs. Otherwise, adequate housing will be out of reach for more and more Australians.

  • Just passing on message from friend, puts the light on the Landlord who uses a tenant to finance their investments,

    The enormity of the money grab by Joe Hockey, his wife and his father of the Australian taxpayer dwarfs anything Thomson and Slipper did, or were thought to have done, by, thus far, an hundredfold.
    Thomson is said to have misused seven thousand dollars, Slipper a thousand dollars, of, respectively, unionists’ fees and taxpayers’ money in, respectively, seven years and a couple of months.
    The Hockey’s in a mere two months have outscored their dual total.
    Joe pays 320 dollars a night to his wife Melissa each night he sleeps in a Canberra house that she owns jointly with his father Richard, four nights a week, on average, when Parliament sits, five when he is preparing a Budget in that city.
    If he spends 120 nights a year in Canberra she gets, from the taxpayer, $38,400 in that year. If he spends 150 nights a year in Canberra she gets, from the taxpayer, $48,000 in that year.
    Either figure would allow her to put a deposit on a Canberra flat which another MP would pay off for her in five or seven years, with taxpayers’ money.$38,400 a year is $738 a week the taxpayer adds, each year, to the Hockey family income.
    This is 39 times the sum that Slipper was drummed out of politics for.
    It is wrong the Hockey’s should get away with this.
    They should be made to appear before Senate Estimates, to pay the money back, and serve six months in prison.

    Or perhaps you disagree.

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  • The goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works. Remember, this is not some “conspiracy theorist” that is saying these things. Most people have never even heard of the Bank for International Settlements, but it is an extremely important organization this “central bank of the world” is literally immune to the laws of all national governments…An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe. It is called the Bank for International Settlements, and it is the central bank of central banks. It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City. It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws. The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.
    Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy will perform over the course of the next year than any politician does. Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”. During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on. The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.
    The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. And that is exactly what we have today. We have a system of “neo-feudalism” in which all of us and our national governments are enslaved to debt. This system is governed by the central banks and by the Bank for International Settlements, and it systematically transfers the wealth of the world out of our hands and into the hands of the global elite.
    But most people have no idea that any of this is happening because the global elite also control what we see, hear and think about. Today, there are just six giant media corporations that control more than 90 percent of the news and entertainment that you watch on your television.
    Please feel free to share your thoughts by posting a comment below…

    • Most Australians should know by now that Abbott/Hockey despise ‘entitlements’ that they errantly consider is anything Australians receive; even if it is theirs to begin with. They hate the idea of retired Australians receiving their Social Security and Medicare after paying into them their entire working lives, and they hate Australians working at slave-wage jobs receiving welfare assistance because they earn too little to survive. What they do not hate, and indeed fight ferociously for, are taxpayer-funded entitlements that go to corporations in the form of tax loopholes and particularly entitlements for the oil/mining industry in the form of subsidies. entitlements that allow you to payoff your mortgage with taxpayers money.
      According to the oil/mining industry, the very idea of ending billions-of-dollars in taxpayer subsidies for the profitable industry is un-Australian; a position that Abbott/Hockey embrace with religious passion. However, it is not just politicians that believe the oil/mining industry deserves to be paid for being a highly-profitable business; the world’s governments are handing outlandish amounts of the population’s money to the industry that is driving the Earth’s climate catastrophe.
      In a new and disturbing report from researchers at the International Monetary Fund, the world’s governments are providing subsidies to the highly profitable oil/mining industry to the tune of an astonishing $5.3 trillion in benefits per year. Another way of looking at just how much the world pays the oil/mining industry that bears responsibility for decimating the Earth’s environment; imagine they receive $10 million per minute. That is $10 million every minute, every day, of every month, of every year. Those mind-boggling entitlements have grown over the past couple of decades and are increasing every year.
      What that also means is that every minute the world’s population is paying $10 million to help the fossil fuel industry pump climate-changing greenhouse gases into the atmosphere. All the while, in Canberra, Abbott/Hockey are either denying that the Earth’s climate is warming,,they are fighting tooth and nail to preserve taxpayer billions in oil/mining industry subsidies while crusading to abolish any and all environmental regulations and eliminate efforts to find new and less costly clean energy alternatives.
      What most Australians may be surprised to learn, if they even care, is that the IMF report revealed that besides the obvious cash “subsidies” being regularly “gifted” to the oil/mining industry of a collective $88 billion from the G-20 nations alone, are the horrific consequences of burning fossil fuels that very few nations, including the Australian government, are even willing to address. These are consequences such as the permanent and prohibitively costly health and environmental impacts affecting both local regions such as air and water pollution, and the more dangerous global consequences such as melting glaciers, rising sea levels, and extreme weather events wreaking havoc on the entire world.

  • Our economic outlook is bad, over the past 40 yrs. the Landlords and Moneylenders , the middlemen, who are involved in export /import trading, they make a bigger profit at the expense of Aussie workers. our political system is a landlord/moneylender system. you will find great difficulty finding a politician, lawyer or judge who does not collect rent or interest,
    About 35 short years ago we had Jobs everywhere, we had Iron Ore and great steel industries, we had ship building, Car manufacturing, we built TV’s, radio’s, washing machines, lawn mowers, hills hoists & furniture manufacturing. We built Car parts and we even made our own tyres! We had fishing ports and cheap Petrol that was made at Stanvac SA, Bulimba Brisbane. Mortlake Sydney Refinery’s from oil brought from Bass Strait, North West Shelf and Timor Sea. We built Aircraft, Boats and Buses. Locomotive diesel electric trains as well as the tracks and everything was “PROUDLY MADE IN AUSTRALIA”! We had Corner stores and Hardware shops all over the city and country. We had work available as a driveway attendant at all our local Service Stations. And at ALL these places you could find a JOB!!! We had PUBLIC UTILITIES like Power Stations, Water & Gas which would employ thousand around the Country. Then Government sold our soul and started to Corporatize itself and began to compete instead of Govern. Then we started going down hill! All our companies started going offshore or closing down because this new corporate government did deals with other countries under free trade agreements that allowed them to totally wipe out our business and manufacturing by selling us their cheap crap. These Foreign Countries took over our Mineral resources. They drove our Farmers off their land and started selling it to these foreign countries and set up 457 visa’s as well which would let these countries bring in their own workers! These things left our once beautiful Country in tatters! Then these Politicians allowed Foreign Countries to buy our Power Stations and guaranteed them that they would always make a profit at our expense no matter what.

    Now because we have lost so much the Government then realised they don’t get much income anymore and have to find new ways to make money so it hits it’s own people further in the pocket. They cut funding to our Education and over the years led us to import skilled workers because we didn’t have any! They cut funding to our Emergency Services, they cut funding to our police and Public housing. These new Corporate Government Politicians laughed in our faces and gave themselves MASSIVE pay rises and they all pat themselves on the back knowing that we are so dumb and stupid we would not know what is going on! Now they tell us we have to tighten our belts and lose what little we have left to pay back the MASSIVE DEBT they left us all in.
    Now I drive the main roads and all I see is the empty buildings that once housed all these great manufacturing companies and I begin to cry seeing them all run down or for lease!!!
    This over paid government need more taxes to live on so they are now going to force our elderly , ( they are the ones that built this Nation) back into the workforce until they are 70. and tell everyone to go out and get a JOB!!
    So can someone in this new Corporate Government tell us EXACTLY WHERE THESE BLOODY JOBS ARE???????????????????????
    Just look at what has happened over the past four decades?, This Saturday we have a election , a double dissolution election , the LNP government told us small parties had too much control, please explain why the LNP how to vote Senate card , above the line we choose six . LNP plus five small parties that’s the LNP advise on how to vote LNP,

    • Frank P Mcenroe So how did this all come about, who made it happen, does anyone really know?
      During Howards 10 yrs as PM property values went through the roof. Does anyone know where the three trillion dollars of cash created by property equity Australia wide came from, other than a printing machine, NO ONE WORKED FOR IT.? That equity created hundreds of billions of dollars in taxes, it also gave Howard a balance sheet that looked good, the politicians knew what they were doing, and that is why most of them have a string of properties to their name. Even now they are still creating ways and means to ensure the values on their property rise, proposing raiding super funds to pay deposits on a family home. There is a way out. Join the Australian-active-alliance a new political party to end legalized corruption. You can make it happen,

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