SECTION FOUR, PART ELEVEN

You Wonder, Why. As i have commented previously, the social contract demands fairness, justice, honesty, and non arbitrary rules based application of judgement, so that we don't all just spin off and start killing or inflicting physical violence on each other to get by. Psychological violence is another matter, and probably left for the next series. Leadership requires that certain individuals are able to understand and apply these concepts for the public good. But a funny thing happened during the GFC. Decisions were so fragmentary and arbitrary, that it has left the current group unable to fathom what is required, and part of this arises, as i have commented before, because so of the perpetrators of what both caused, and resulted from the GFC, have not been adequately punished, at least from what the public sees. So the current crop of buffoons who pretend to be leaders have no prism by which to examine their frame of decision making. This weeks case-in-point, the current debate about General Motors closing its car manufacturing facilities in Australia. General Motors made the call based upon the argument that Austrlia's cost base is too high. This presumably relates to both labour and material costs, and in this regard, there is one singular cause.....the high relative value of the currency. You see, when the bean-counters in the US look at global costs, the high Australian dollar distorts both labour and material costs, and makes them appear quite high. Of course, the high Australian dollar is a direct descendant of the egregious money printing, and competitive devaluations, of major other currencies as they have attempted to out spoon each other over the period since 2008. So Australian motor vehicle manufacturing has been diminished as a direct response of policy decisions designed to destroy our manufacturing, and keep overseas manufacturing alive. Forget free trade, and allied protectionism, arguments. That a foreign company can determine to close australian activity, when it has been economically jeopardised by vacuous and egregious policies in their home country....then you have just established the policy argument for local ownership having priority over foreign. It is not in australia's long term interests to lose this capability....but there you go. Leadership......no the real problem is the bully boy behaviour. Julia gillard did the wrong thing on a number of her policies by falsely tipping the playing field towards her union mates as a reward for installing her as leader. MAKE NO MISTAKE HERE....the power-lust to be the first female leader was more important than fairness, and so it stained her decision making, and hopefully her legacy. The SRC minded current idiot of a PM knows that by losing car manufacturing in Australia, then he is continuing to hobble the union movement, because the auto manufacturing area is one of the last truly significant industries for union power, and representation. This is not about anything other that school yard policies, and Australia is worse off for it. What say some of the unemployed auto workers get their guns out, and shoot some bankers ( who seem to have done quite well out of the protection afforded to them during the GFC ). You see, fairness don't exist here, policy is arbitrary, and as such, since the leaders don't vouch-safe the social contract, then it really is the law of the jungle out there.