Jibblet City

IQ: 69

[Jibblet City @JibbletCity]

@rationalaussie Like Hayek said the 3 pillars of a society are language, law and money. Internet, AI and bitcoin are the latest iterations of the 3. Although I conceptualise law in the sense of institutional and bureaucratic frameworks which are still centralised.

[Jibblet City @JibbletCity]

@actualAlexJames Print more tax receipts and increase nominal gdp. Like QE but with more naan bread and social disorder

[Jibblet City @JibbletCity]

@GreenTyler27 There’s no way you can have dinner for 2 for $90. 250g steak alone is $50, $90pp is realistic

[🇦🇺Craig Tindale @ctindale]

Immigration is being used to plug an economic crisis and a way of gerrymandering the electorate . It’s a disgraceful cynical way of destroying Australia for short term political leverage .

[Marko Matvikov @MarkoMatvikov]

Angus Taylor says electing One Nation "would cause an eternity of pain".

The LNP lost the last election in a landslide and has continuously been sliding in the polls ever since.

They've fired shots at One Nation - and kept sliding in the polls, mostly to One Nation's benefit.

Their biggest issues can be distilled to an identity crisis, disunity and distrust.

One Nation's rise within the last year has coincided with major shifts from the LNP - whether they want to admit it or not.

Maybe they're comforted by polling in Victoria - but surely they're not stupid enough to think this has more to do with the LNP doing something right than the ALP here doing a lot wrong.

They shouldn’t morph into One Nation or pledge their allegiance to them - that doesn’t mean they have to fire shots at them when there’s a target rich environment over the fence.

Forming government in Australia is heavily and increasingly reliant on preferences - Labor, the Greens and others play this very well.

Maybe they're reserved to carving out enough market share for long term minor party status.

I'm really struggling to see the strategy here.

[Humanspective @Humanspective]

Rupert Lowe just blew Joe Rogan’s mind with the Fabian Society.

It’s emblem was literally a “wolf in sheep’s clothing”.

Anthony Albanese (Labor Party) wrote a lead essay for issue 1 of the Australian Fabian Society’s magazine.

[Jibblet City @JibbletCity]

@psypto @ideacasino Was my go to until naarmgroid demand pushed the price to $80/carton

[Tyler Green @GreenTyler27]

The OECD’s criticism isn’t simply that Australians pay too much income tax. It’s that Australia relies too heavily on taxing workers to fund government. When government spending grows faster than the economy, politicians eventually have three choices: tax more, borrow more, or spend less. One Nation argues that stronger fiscal discipline, lower structural spending growth and policies aimed at improving productivity would reduce the pressure to keep increasing the tax burden on working Australians. Labor have got to go.

[Jibblet City @JibbletCity]

@bowtiedstocks You have to add the terrible cost of living in Toowoomba though

[David Firth (Salad Fingers) @DAVID_FIRTH]

the original Salad Fingers was released on this day 22 years ago. Here is the full first episode

[Michael Timbs @michael_timbs]

Australian government was like - I know income tax brackets haven’t kept pace with inflation, real wage growth is non existent, and there’s a cost of living crisis. But the good news is we’ve also made it harder to make returns on investing your money as well. If by some miracle you have disposable income, and decide to invest it in Australian companies, and they happen to grow and do ok, we’ll take half of what you make from the investment.

[Jibblet City @JibbletCity]

@staysaasy Jackass is about as genx as it gets

[Tony Abbott @HonTonyAbbott]

For those with a grudge against their own country, it’s sustained mass migration, especially from countries with quite different cultures, that’s the surest and swiftest way to change and punish a place that’s irredeemably tainted by unforgivable sin. This is done in order to dilute and eventually to extinguish the Anglo-Celtic core culture and the Judaeo-Christian foundational ethos (which is actually what attracts migrants to the Anglosphere) that today’s left-establishment finds so suffocating and judgmental. And it’s to encourage migrants to “other” themselves by funding ethnic activism under Orwellian slogans like “our diversity is our unity” or “our diversity is our strength”.

In this regard, migrants from Islamic countries are especially useful, because belief in a global caliphate, and the conviction that it’s the Koran rather than the legislature that validates law, starts to make pluralist democracy unworkable. To green-left, cultural-Marxist governments, mass migration from the “global south” is not a problem; it’s the plan. It’s the way for supposedly unjustly rich countries to atone for their white privilege and to apologise to poorer ones by becoming more like them.

Read my full speech to the @ARC_Conference at The Tony Abbott Newsletter: https://t.co/C6xWBMS8HB.

[Marko Matvikov @MarkoMatvikov]

Labor just robbed taxpayers last night.

A workplace relations bill that claims to be about addressing an unfair dismissal case backlog passed the lower house and senate through a quiet dirty deal with the Greens.

Hidden deep inside the bill is the right for the federal government to discriminate against independent contractors and small businesses that aren’t unionised.

Put simply, they’re effectively legalising corruption at a national level - ensuring their own political base profits from inflated public works contracts at the taxpayers’ expense.

This grift then flows back to the party through political donations - and so the cycle of tightening Labor’s grip on power continues.

Without any transparency, scrutiny or debate.

[Jibblet City @JibbletCity]

@great_martis Thank you for the years of hard work you’ve spent scaring away tourists and idiots from bitcoin during bear markets while the rest of us buy into deep value

[Jibblet City @JibbletCity]

AI and Bitcoin 🤝 global monetisation of energy with a simple internet connection

[Tyler Green @GreenTyler27]

As an electrician with experience around data centres, I can tell you this: reliable power is non-negotiable. Australia has the resources, the workforce, the land and the engineering capability to become a global AI and data centre powerhouse. We shouldn’t be asking whether we can power data centres, we should be asking why we’re making it harder than it needs to be.

One Nation’s view is simple: prioritise affordable, reliable energy, attract investment, create skilled Australian jobs and build an economy that exports both energy and computing power. Australia can be an energy superpower and a data superpower. That’s how we build prosperity for the generations to come 🇦🇺

[Tyler Green @GreenTyler27]

Since 2015, Australia’s M3 money supply has grown by around 82%, Adelaide’s median house price has increased by around 111%, while full-time wages have risen by only around 37%.

In simple terms, Australians are earning more dollars, but the supply of money and the cost of housing have grown much faster than wages. As a result, many households feel like they’re working harder just to maintain the same standard of living, because their purchasing power, what their income can actually buy, has not kept pace with the rising cost of major assets such as housing.

[Jibblet City @JibbletCity]

@BritishHodl Bitcoin is the bitcoiners. The main value proposition is the network of node running plebs. You can’t be bullish bitcoin and bearish bitcoiners and be logically consistent. And you talk of hubris, man, the lack of self awareness and fart sniffing from this account is tremendous

[Marko Matvikov @MarkoMatvikov]

Judo Bank specifically lends to small and medium sized businesses.

As opposed to the big banks - which are mostly residential property and some low risk, big business lending.

This collapse came after three borrowers went under, all from different industries - including manufacturing, services and construction.

And it reflects a broader trend across small business - with Judo Bank often being seen as the canary in the coal mine.

When big banks, big business, big government and big crime are thriving while small business is dying, the country is seriously cooked.