Tasmanian Times

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

Article

Yes, Kenneth: the Coalition response to the banking inquiry is pure politics

Yes, the Morrison government has said meekly, to everything the banking royal commissioner Kenneth Hayne has recommended.

In political terms, it’s blindingly obvious why. A federal election is in sight. The Coalition is vulnerable on this issue, having spent years obstructing a deeply necessary inquiry that unearthed a trove of malfeasance – case studies that still beggar belief. Scott Morrison at one point opined rashly that calls for a royal commission into the banking sector (after a string of scandals that, in the end, proved the tip of the iceberg) were a “populist whinge”.

To do anything other than saying “yes Kenneth, thank you Kenneth” would have been politically untenable, and the Coalition is desperate to avoid a fight with Labor on Big Bad Banks, its preferred territory.

By saying yes, and pronto, the government is hoping to shut a potent political issue down, burying it in a blizzard of worthy implementation …

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1 Comment

1 Comment

  1. max

    February 5, 2019 at 12:09 pm

    Yes Kenneth, what every you say Kenneth, but can you trust Morrison or his government when he is falling all over himself to get re-elected?

    This government fought tooth and nail to stop one of their sponsors been dragged through the coals. When you have sponsored governments and they rely on the sponsors, what do you expect?

    Re-elected, or thrown out by the the disenchanted voters, another sponsored party will take their place and they will have the same commitment to their sponsors.

    The voters are damned if they do and damned if they don’t, so it seems that we are committed to revolving-door sponsored governments.

    Unless the next elected government bans sponsorship, which is what donations really are, then Big Business is running our country, not the party we thought we were electing.

    The only alternative is to vote Independent, but Independents may also be sponsored or have their own axe to grind.

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