Troy Bramston lionises a personal hero lately criticised: Keating still frames big picture of politics.
When Paul Keating led Labor to victory 30 years ago this week, he achieved an accolade denied to every other prime minister in the past 65 years: a fifth election win in a row.
Keating only won the 1993 poll as PM – with assistance from Mike Willesee and a birthday cake.
Aside from the Accord, which was Hawkes’s baby, Keating did a wonderful job of implementing Howard’s reform agenda. The only thing he really squibbed was the GST which ended up giving Howard a signature reform. The only problem for Keating was that he had no idea how to make that reform package actually work, since it required reducing spending and stopping handouts to his mates. So he gave us 17% interest rates and the banana republic.
It’s the reason he hates Howard so completely, Howard totally outplayed him. Ironically the only actual labour reform they created from that time was repealed by the lamentable Gillard abomination.
Good summary, Bucc. Keating, to the best of my recollection, has never ‘fessed up to an error. Oddly, he and Howard used to be pretty pally in the 1970s.
His press club performance today was pretty extraordinary. Biffed Albanese and Wong severely, mocked Biden, had one SMH journalist close to tears and was – IMO – 90% right about AUKUS.
Keating speech herehttps://www.michaelsmithnews.com/2023/03/paul-keatings-statement-condemning-the-albanese-government-over-aukus-and-our-china-deterrent-nuclea.html
I might add, Keating gets some wonderful body blows on his own side, but as always, it’s largely fluff and bubble. If he truly thinks China is a co-stabilising power, what did he make of the two 747s of PPE the CCP had their nationals round up in Australia prior to the Covid problem becoming official and their behaviour when asked to participate in a root cause analysis? https://www.smh.com.au/national/second-developer-flies-82-tonnes-of-medical-supplies-to-china-20200326-p54e8n.html
Why would anyone care about being frozen out by China, their ban on our coal led them to the brink of economic ruin, they couldn’t wait to lift it. It exposed that we had a greater whip hand in economic negotiations than anyone realise, one the feckless Albo regime just simply abandoned at the trade table. Even more confusing they are now antagonising the chinese all over again. He’s right they have no idea, it’s just that he has no idea and is tilting at ancient class war windmills.
With Keating just follow the money
Keating addressed the China Development Bank criticisms today.
He and fellow board members Kissinger and Volcker were paid a $5000 a year honorarium. He says he has no financial interests in China – which I guess he wouldn’t risk saying publicly if it wasn’t true.
The 17 percent interest rates were the going rates in many countries around the world back then. Plenty of Greeks were getting this interest rate on their bank accounts in Greece. Wasn’t that to be expected when the Australian dollar was floated?
If he truly thinks China is a co-stabilising power, what did he make of the two 747s of PPE the CCP had their nationals round up in Australia prior to the Covid problem becoming official and their behaviour when asked to participate in a root cause analysis?
Chinese Government actions defy logic.
It was proved 50 years ago that masks make surgical outcomes significantly worse, so if China wants to pay thru the nose for our stupid masks, who cares?
They also buy up Milk Powder and Panadol and send those to China too.
Yeah, it’s irrational, but apart from a few Aussie ratbags, who is worserer off?
Yep. And it was a sight to behold his contempt for the press gallery and entirely deserved.
The press gallery concerns regarding Chinese influence and power conveniently failed to consider Chinese control of ‘green’ energy in Australia, windmills in particular.
But about AUKUS – yes, as Keating says, it’s ‘UK’ component does indeed represent something of a return to old and degenerate colonial ties, yet it remains that Australia is culturally and sociopolitically Western more so than South East Asian. And that is a dilemma which is not addressed in having no functioning sociopolitical ties (other than the realm) with the UK, or with the EU, or the US.
Keating did two good things as PM:
National competition policy to reduce duplication between the states and the feds and reduce government competing with business;
And saved us from that lunatic John Hewson, with the result the times suited John Winston Howard.
We actually need a return of the NCP.
Keating’s greatest achievement. Saving Australia from that Hewson slug. Praise the Lord!
Yes, Hewson was really the thing that won it for Keating, dodged a massive bullet there
Neither the Chinese, nor anyone in clinical practice in Australia or anywhere else for that matter believes this, whether it is actually right or not. What happened in the moment was that the Chinese government has cleaned Australia out of ppe in advance of the crisis they knew we would face, Chinese companies bombarded Australians with emails offering substandard ppe at inflated prices. This type of action is very similar to the silicone chip crisis that has impacted car manufacturers everywhere except China.
thanks, tapped it out on my phone.
The point is that Keating is totally dreaming if he thinks that China is a co-stabilising power. The point he is making that the subs are an expensive and perhaps pointless exercise is probably right, however, having no defense is just an invitation for us to be a doormat.
Trumble deserves some blame for this, his poor excuse for a government could have bought the jap subs…
Albo is already getting huge amounts of blowback from his own side with many speakers in a Healthcare conference yesterday condemning the decision to spend this money on subs not healthcare. Ironically, none of these people are willing to pin the real problem in healthcare, a reliance on the government just handing them more money rather than them engaging in actual reform.