Australia has essentially become a welfare state where a shrinking group of productive people are being taxed into oblivion to support an ever growing army of lazy dropkicks. Go ahead. Cry in the comments. Screen shot and share this like a coward. It doesn’t matter, I am correct.
Albo admitted yesterday discussions about removing CGT and negative gearing started at Christmas !!
Labor MP’s families and staff then went out and sold houses.
Why isn’t ABC, Channel 9 etc covering this ?
It looks like they're trying to sack my good friend Karl Stefanovic for this video with Tommy Robinson!
Deb Knight was a huge flop for Channel 9 and while she was busy grilling me over One Nation’s polling Channel 9's ratings were in the toilet.
In 2019 on live TV with her, I called on Channel 9 to bring back Karl.
Now with 6 months to go on his contract the weak management of Channel 9 want to sack Karl over this interview.
Tommy Robinson has a lesson for Australians. If we don’t learn from the UK’s mistakes on immigration and radical Islam, we are going to face the same destruction.
This is exactly what Karl was trying to bring to Australia’s attention.
Have Channel 9 become just as bad as the ABC? Watch the full interview: https://t.co/5H9wL9YzwI
Labor & the Greens just teamed up to ram through CGT and negative gearing changes
Sold to us as “fixing housing.” When in Reality? It hammers gold, silver, bitcoin, crypto, shares & selling a business. This was never about "house affordability". It's about ensuring you can't get ahead.
This is peak communism: bridging the gap between rich and poor by obliterating the middle class.
Wake me when the revolution starts...
if @elonmusk paid 100% of his net worth ($1.4 trillion) as a tax it would only cover federal government spending for 77 days. this isn’t a tax problem…
No, you don't get it.
He does not have $1 trillion sitting in cash, it is 99% stock in his companies.
To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined.
Okay, but now Elon has $100b in cash, and can "solve the world's problems".
$100b divided by the world's 8 billion people is $12
If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation.
But everyone on earth could have one nice meal and you could revel in your altruism.
Senator Warren is the worst form of political opportunist, relying upon ENVY for power, despite the EVIL such an agenda represents….
She is a parasite, who’s built nothing, done nothing but complain, yet is rich by any standard. Yet, her goal of taking wealth from the most productive builders of our time to give it to a government that squanders most of what it spends, is politically popular among many, despite the obvious stupidity of the idea.
🚨 This @AlboMP government is running a straight-up TAX SCAM on Australian investors.
Buried in their budget bill is a sneaky “loss-ordering” trap that forces you to waste your oldest CGT-discounted gains FIRST — leaving newer gains fully exposed to their brutal new indexation rules from 2027.
Deliberate. Greedy. A betrayal of every mum & dad investor trying to build wealth.
Absolute rort by a desperate, cash-grabbing regime. This must be stopped #AusPol #TaxScam
Singapore has no oil. No gas. No coal. No iron ore.
Australia has all four in massive quantities.
Albanese had to fly to Singapore to ask for fuel.
Read that twice and tell me the problem is scarcity.
The real equity issue in this budget is that Labor are telling us they need to borrow $267 billion of extra debt over the next four years to pay for their out-of-control spending. That is almost identical to the total value of the headline budget deficits that Labor say they will produce between now and 2029-30.
The fairness issue is that Labor is spending hundreds of billions of dollars borrowed from future generations to buy votes in the present. If it kept government spending as a share of the economy, or GDP, at 2007-08 levels, when Australia was doing very well indeed, the budget would swing from a projected $64 billion headline deficit to a surplus of about $23 billion. Rather than borrowing from future taxpayers, we would be reducing their debt burden.
It is un-Australian to overturn all the rules of the economic and investment game — adversely affecting millions of households and businesses in the process— with zero debate, discussion or notice. The accounting and legal costs alone will impose a small fortune on families and firms. How Labor thought they could get away with this daylight robbery is unclear. It must have something to do with dud polling…
https://t.co/tqOqGI6MEi
@AlboMP Mate, you just shattered hope for countless Millenials with a brokerage account and a stock portfolio, adding years to our savings goals from extra taxes.
It's just Un-Australian, to be very frank.
Last night Australians were treated to a total waste of three minutes, three minutes of their lives they won’t get back.
The Prime Minister took control of all broadcast networks and, like some sort of dictator, announced… nothing.
A nothing burger sums up Albanese perfectly. Absolutely no nutritional value, and leaves you needing the loo after consuming it.
@JEChalmers Please explain how increasing the amount of money people will receive without any commensurate increase in production of goods or services won't lead to higher inflation.
We will wait.
You are a disgrace to the Australian people.
Seriously, like they know what they’re doing!
Angus Taylor just said that, “does Australians really think that One Nation can run a 3 trillion dollar economy”.
Angus, does Australia really think the Coalition can? You just delivered the worst result since Federation. 43 seats. Your predecessor lost his own electorate. The party has split twice in nine months.
You’re polling behind One Nation nationally and asking whether THEY can run the economy?
Here’s a better question: who’s been running it for the last 40 years and how’s that going?
Housing unaffordable. Manufacturing gutted. Economic complexity ranking 105th in the world, below Uganda. R&D spending the lowest in the developed world. 30 days of fuel reserves. 30% of exports dependent on one country. Prisons overflowing. Public housing waitlists where people die waiting.
That’s not One Nation’s track record. That’s yours. Yours and Labor’s. Together. Over four decades.
One Nation hasn’t had the chance to run anything because the two-party system has locked them out while delivering exactly the results Australians are furious about.
The arrogance of that question is precisely why One Nation is polling where it is. Australians aren’t turning to Pauline because they think she has all the answers. They’re turning to her because they know YOU don’t.
You want to win those voters back Angus? Don’t mock them for leaving.
Ask yourself why they left.
What’s your thoughts…?
Peter Lyndon-James 🇦🇺
Imagine being a hedge fund manager trying to price risk while the President sounds like he’s freelancing World War III from the toilet.
Nobody knows what the plan is. There is no plan.
The plan is vibes, caffeine, and one man screaming into his phone like the manager of a failing Atlantic City steakhouse.
You open your brokerage app and everything is red, except oil and defense contractors, because of course.
Of course.
Every time civilization starts wheezing, Exxon walks out in a tuxedo with a martini and Lockheed buys another island.
The Nasdaq looks like it got hit in the face with a folding chair because suddenly the market remembered that semiconductors do, in fact, require an operating global economy and not just TED Talk confidence and a black turtleneck.
And Trump, God bless him, is tweeting like a guy who was handed six different war briefings, understood none of them, and decided to freestyle foreign policy from the toilet.
“We may be winding down.” Great!
“We may obliterate their power plants in 48 hours.”
Fantastic!
“Oil sanctions are off, but also maybe on, but also maybe we’re taking the island.”
Beautiful. Just beautiful.
This is why the market can’t price anything. You can’t build a discounted cash flow model around a national mood swing. There’s no Bloomberg terminal function for “presidential posting episode.”
There’s no options chain for “what if the leader of the free world says three contradictory things before lunch and Brent crude goes vertical while JPMorgan analysts begin quietly chewing through their own ties.”
The average investor is just sitting there like, “I bought an index fund because they told me it was safe.”
Safe? SAFE? Your “safe” portfolio is now directly connected to whether some 28-year-old NSC staffer can stop a rage-post from becoming a missile exchange before the European open.
That’s your diversification. Congratulations.
You own a basket of companies whose earnings now depend on whether Hormuz is open and whether Trump has confused deterrence with posting.
And Wall Street still does the same little dance every time. “Well, maybe this is already priced in.”
Oh really? Already priced in?
Was the possibility of a full-blown oil shock, shipping disruption, inflation resurgence, and presidential caprice “priced in,” Chad?
Was it in the spreadsheet next to “soft landing” and “AI productivity miracle”?
No, it wasn’t.
What was priced in was endless delusion, infinite buybacks, and the belief that history had ended because the S&P had a nice quarter.
Now everybody’s doing that thing they do where they act shocked that war affects markets.
“Wow, yields are up. Wow, energy’s squeezing margins. Wow, rate cuts are less certain.”
Yes, genius.
That tends to happen when the world’s most important oil chokepoint turns into a live-action Call of Duty map and the White House communications strategy is basically drunk casino owner at 2 a.m.
This is the real genius of the modern empire. It can’t build a train station, can’t balance a budget, can’t explain what victory looks like, but it can absolutely vaporize your 401(k) with a single weekend news cycle.
That part works flawlessly. That part is incredible. The only truly efficient American institution left is panic transmission.
We get chaos from the battlefield to your Robinhood account faster than Amazon gets paper towels to your porch.
And the best part is that by Monday morning every idiot on television will sit there with perfect hair and say, “Markets dislike uncertainty.”
Wow. Thank you, Socrates. What a contribution.
They dislike uncertainty. Incredible analysis.
We’ve spent billions on financial infrastructure just to reinvent the village idiot pointing at the sky going, “Storm bad.”
That’s where we are. The market is a hostage, oil is a weapon, diplomacy is a hallucination, and the President is posting like a divorced nightclub owner who just found the nuclear football in a Denny’s booth.
Everybody wants calm, nobody has control, and your portfolio is being managed by events that sound fake even when they’re real.
Absolute clown planet. Premium clown planet.
Goldman Sachs clown planet with institutional custody.
It would be like saying the Sun is backed by nothing. All it has is hydrogen 74% by mass, helium 25% by mass, and all other elements 1%.
The Sun is backed by the laws of physics: self maintenance of an Autopoietic equilibrium state between its self-gravity and the thermonuclear fusion in the core. The radiation and thermal pressure hold up the Sun’s core against collapse and a slight compression increases the fusion rate and increases the pressure for support. It has a dynamic stability that allows for a 10 billion year lifetime.
Photons we receive from the Sun are ultimately responsible in one way or another for all of the electricity flowing into Bitcoin minting whether fueled by wind, solar, hydropower, or methane. The only exception is nuclear power but the uranium is an end product primarily of neutron star mergers in binary systems —those being end points of stellar nucleosynthesis from other stars. As is gold.
Creation of Bitcoin is a PHYSICAL process. It is backed by energy, by massive hash power from PHYSICAL ASICs, and by game theory; it is encapsulated energy.
It is stored on PHYSICAL nodes in electrons on the SSDs of Full Nodes.
Saying Bitcoin is backed by nothing is utter nonsense. It’s like saying a gold coin is backed by nothing.
It is backed by energy and is absolutely finite by algorithm.
Our lives depend on the Sun’s photons why shouldn’t our monetary technology — rather than arbitrary digits that “Princes of the Yen ($,€)” dictate?
It is also the first fully scientific and precise standard for monetary technology.
Energy, and increasingly electrical energy, is the foundational requirement of a dynamic economy.
And Bitcoin is a dynamic network of value transfer self-created, self-maintained, self-controlled. This inherent strongly autopoietic nature manifests as a power law of growing stability.
Displaying high maturity for a 17-year old.
Fiat is out of control.
You Had 47 Years of Diplomacy With Iran. Here's What It Got You.
Mahsa Amini was 22 years old. Arrested by Iran's morality police because her headscarf was too loose. She died in custody three days later. They beat her to death. Over a piece of fabric.
Her death set off the biggest protests Iran had seen in a generation. The regime's answer? Kill them. Over 500 dead.
They shot a 16-year-old girl named Nika Shakarami in the street. Then snatched her body and tried to bury her in secret before her family could find her.
Amirhesam Khodayarifard was 20 years old. Walked into a protest because his country was starving. He was chanting. Peacefully. A government agent shot him in the head.
This is who they are. This is who they've always been.
January 8th and 9th, 2026. The Islamic Republic of Iran executed the largest massacre of civilians in its modern history.
Snipers on rooftops firing into crowds. Targeting heads and chests. Dragging protesters into prisons. Torturing them. Raping them. Returning women's bodies with organs removed to destroy the evidence.
~36,000 dead. In days.
A former UN prosecutor who helped draft the Srebrenica genocide indictment said Iran killed twice as many in half the time.
He called it an extermination.
Where were the marches? Where was Ilhan Omar? Where was Rashida Tlaib? Where was Mamdani?
Nowhere.
But today, after we attack the regime that did this… NOW they want "diplomacy." NOW it's "illegal."
What country do you stand for?
In 1979 they stormed our embassy. Held 52 Americans hostage for 444 days.
In 1983 they bombed our Marine barracks in Beirut. 241 Americans crushed to death in their sleep.
Khobar Towers. 19 more Americans dead.
2003 to 2011. They supplied the bombs that killed 600+ American soldiers in Iraq.
They built Hezbollah. Funded Hamas. Armed the Houthis. Spent a billion dollars a year on terrorism.
Orchestrated October 7th.
Forty-seven years. The single greatest engine of death in the Middle East. And through all of it we kept talking and praying.
In 2002, Iran's own dissidents blew the whistle. Iran had been building nuclear weapons underground. For 17 years. Hidden from the world.
Not the CIA. Not the UN. Dissidents.
It took 13 years to get a deal. Keep enrichment at civilian grade. Keep the stockpile under 300 kilograms. Let inspectors in.
They agreed. Then broke every provision. From 300 kilograms to over 9,000. They ripped the cameras off the walls. By late 2024 they could build 5 to 6 bombs in under two weeks.
France, Germany, and the UK, not neocons, no war hawks, said Iran had a stockpile with "no credible civilian justification."
Two days before the strikes we sat with them in Muscat. Stop enriching. Stop the missiles. Stop funding terrorists. They said no. To all three.
You don't negotiate with someone loading a gun under the table. The Tooth Fairy isn't real. And neither was Iran's willingness to negotiate. Every year of "diplomacy" was another year closer to the bomb. That was always the plan.
This isn't about Democrat or Republican. By the laws of game theory, someone was going to have to confront Iran.
A regime that kills 36,000 of its own people doesn't stop because you ask nicely. A country enriching to weapons grade while funding terrorism on six continents doesn't come to the table in good faith.
Any president. Any party. This moment was always coming.
Spare me the "international law" lecture. You don't get to hide behind rules you've spent five decades burning to the ground.
You want to know what's illegal? Beating a 22-year-old woman to death over a headscarf. Shooting children from rooftops. Torturing women in prison. Removing organs from corpses. Building nuclear weapons while shaking hands with diplomats.
That's what's illegal.
Ilhan Omar. The day before a military operation she signaled the timing of a strike to a foreign adversary. That's not dissent. That is treason.
Iranians responded: "We don't care about Ramadan. We are waiting for the US attack to overthrow your friend the Ayatollah."
Listen to them. For once in your life.
The Iranian people are dancing in the streets. They waited 47 years for someone to act.
If not now, when? When they have the bomb? When it's too late?
It was now or never. And we chose now.
Diplomacy didn't fail. Diplomacy was the lie Iran told you while they built the bomb.
And you believed it. Every. Single. Time.
People ask me all the time about compelling use cases of AI. Here’s a good one.
Millions of dogs go missing in the U.S. every year—and options for finding them are often painfully limited. Our Ring team saw an opportunity to use our community and technology to help, so they built Search Party.
When a pet owner posts about a lost dog in the Ring app, nearby participating outdoor Ring cameras in the neighborhood begin looking for potential matches. If yours spots what might be the missing dog, it lets you know. You see the photo alongside footage from your camera, then can choose to share the video with the pet’s owner.
The AI is trained on tens of thousands of dog videos so it can recognize different breeds, sizes, fur patterns, body features, unique marks, shape, and color. And privacy stays in your control—you decide each time whether to help.
The impact is energizing. Search Party has helped bring home 99 dogs in just 90 days—more than a dog a day since launching three months ago.
Ring customer Kylee was blown away by Search Party after her dog Nyx was found by a neighbor’s camera just 15 minutes after slipping through a tiny hole he’d dug under her backyard fence.
When a Ring customer and military veteran named Kurt realized his service dog was missing after jumping his fence, he worried he might have lost her for good. He quickly initiated a Search Party in the Ring app asking neighbors to help locate her. Later that day, he got the notification he was hoping for…Lainey was found.
Chris, a Ring camera owner, helped reunite another lost dog with its family after getting an app alert that said, “Your camera may have spotted a missing dog,” flagging footage he wouldn't have otherwise noticed.
And the list of stories like these keeps growing.
Now we’ve expanded this feature so that anyone in the U.S. can start a Search Party through the Ring app, even without a Ring camera (lost pets are one of the most common posts in the Ring Neighbors app—over 1M last year alone).
With roughly 90 million dogs in the U.S., think this is gonna matter for a lot of families. Good example of real-world impact, and proud of what the Ring team has built here. https://t.co/Pr3jzP4o4o