Jean John

Firmly believes in first principles, enterprise and innovation but do not support profiteering of housing, education, health and global financial engineering

[Jean John @jean_john82]

@MaitreyaBhakal By the time , western middle class wake up and comprehend that ‘neoliberalism’ was a tool to serve the Western elites rather than the public at large, it will be too late. But that day is coming and oh boy..I can’t wait.

[Jean John @jean_john82]

They privatised everything in the name of free market competition and efficiency gains that was to benefit the public at large. But ya…I remain hopeful people will one day wake up to the fact that it was mostly just a transfer of public assets into private hands — and we’re still paying for https://t.co/1BnsF4Fn76 much for the neoliberal ideologies!

[Gerard Rennick @RennickGBR]

Because she’s not smart.

It’s that simple and the sooner people wake up to the fact that the MSM reporting her poll numbers every week is the same as the MSM reporting Covid deaths every week the better.

It’s a psy ops because the establishment knows they can control her and want to make sure she becomes the alternative to the majors.

The system will not change if the people continue to fall for Mainstream Media Spin.

[Jean John @jean_john82]

We may be a fringe Party today but with more of people’s support that could easily change…if you care for Australia’s sovereign future, follow @RennickGBR and @PeopleFirstAus

[Gerard Rennick @RennickGBR]

The Mainstream Media can’t be trusted

There's been a lot of comments on social media from people who want to support our party but are hesitant to as they feel we won't get anywhere because we don't have the support of the mainstream media.

If you want to change our political system the worst thing you could do is to continue to vote for parties supported by the mainstream media.

Why would you trust the mainstream media when they have pushed Covid change and Covid onto you in the past.

Take recents events where Australia's richest person and biggest political donar has come out and suggested that Australia gives free land and tax breaks to foreign countries and the world's richest man. There has been complete silence on this and the reason is simple.

Gina Rinehart buys a lot of advertising space and the mainstream media don't want to upset their biggest customers.

The fact that the People First has been gaslighted by the mainstream media is the very reason you should support us. We don't drink the establishment cool-aid and for that reason the mainstream media ignores us.

Our founding fathers set up a democratic system designed to support minority parties. They did this by firstly allowing preferential voting and secondly making the Senate a house based on proportional voting not 2PP. They knew the dangers of entrenched rule by established parties and wanted to ensure minor parties would hold the major parties to account.

Accountability is a fundamental part of democracy. Don't be dissuaded in supporting us just because the MSM aren't on our side. It's all the more reason we need your support to hold the establishment to account.

Under our preference system you can still choose the order in which you vote for other parties. If you vote for the People's Party your vote won't be wasted. In fact it will send a signal to the establishment that can't control the narrative.

To keep the bastards honest please sign up today at https://t.co/PeAaJW2pjF

[Yanis Varoufakis @yanisvaroufakis]

Every British PM’s nightmare

With Keir Starmer expected to fall on his sword shortly, here is my take on the conundrum facing Andy Burnham, indeed any and every British PM.

The true nature of Britain’s ‘special relationship’ with the United States has far more to do with American financiers’ willingness to keep borrowing to purchase British government debt than with history, culture or Britain’s defence needs. This is the burden under which every UK Prime Minister must labour.

Mike Tyson famously said, “Everyone has a plan until they get hit”. The same could be said of prospective British prime ministers, especially after Liz Truss's spectacular defenestration. They all have a plan until the guilt market hits them. Andy Burnham, Nigel Farage, my friend Zack Polanski will have to face this, if they ever move into 10 Downing Street. I think they know it. But I doubt whether they appreciate the true magnitude or nature of their predicament.

Conventional wisdom has it that the bond market comprises people looking to invest their savings in a government's debt. They seek the right balance between a higher interest rate and the increased risk this implies. For example, higher bond yields may signal that the market expects future inflation to reduce the value of the fixed interest payments that their bonds will yield. Worse still, it may foreshadow a risk of government default, as occurred in Argentina and Greece.

That’s more or less what first year economics and finance students are taught. And it’s all true. Except that, in the case of the United Kingdom, this story misses the most fascinating and worrying aspect of its government bond or gilt market: The British government’s ability to refinance its public debt of almost 3 trillion pounds does not depend on savers choosing to invest in gilts. In fact, the British government’s ability to sell gilts hinges heavily on the willingness of numerous US-based financial institutions to borrow substantial sums of dollars to purchase British gilts, which they then use as collateral to borrow for their own purposes within the US.

And there’s the rub. There is a world of difference between needing to borrow from savers and from relying on speculators who borrow themselves to lend you. Savers who lend to you focus on your long-term ability to repay them. They may tolerate your desire to make infrastructural investments that could increase your debt in the short term, in return for future profits that will help you repay them when their bonds expire. However, speculators who borrow in order to lend are a different beast entirely. They are much jumpier and prone to margin calls: situations where, if the bonds they purchased from you begin to lose value, fearing they will not be able to repay their own creditors, they dump your bonds thus turning their decline into a crash.

The question arises: Why are British bonds, or gilts, so much more reliant on American speculators borrowing money to buy them than German bunds, Japanese bonds, Italian bonds or Greek bonds? Why does every British government rely so heavily on American leveraged capital inflows?

It all started in the 1950s when the City of London discovered how to avoid following the British Empire down the road to oblivion. The trick was to carve out a niche for the City within the emerging dollar empire, which was institutionalised within the Bretton Woods system. American financiers faced rigid capital controls within that system, but the City of London was able to alleviate these due to three invaluable features.

First, London’s trading expertise and legal system offered American financiers efficiency with immunity from all sort of interventions, including democratic accountability. Secondly, Britain’s network of offshore jurisdictions offered fabulous tax-minimisation opportunities. And, thirdly, London quickly became the holding depository of a torrent of petrodollars and eurodollars, not to mention the shadowy dollars created outside the United States by foreign bankers.

Thus, the Great British paradox: while the UK's real economy was in decline, the City of London was flourishing. When the Bretton Woods system collapsed in the 1970s, American financiers discovered another use for the City: they borrowed dollars in the US short-term to buy long-term UK government gilts, which they then sold quickly to repay their loans. They would then repeat this process again and again to profit handsomely. This is how the British government became reliant on leveraged US institutions. In order to continue operating as usual, London today requires American balance sheets that are willing to expand through borrowing and use British gilts as collateral in order to maintain liquidity in the US.

Put differently, the flipside of the City’s success story is that, even though it borrows in a currency that it prints, the UK is not financially sovereign. Yes, the City occupies a strategically important position within the global dollar system but the price for this is that the UK government’s sovereignty is circumscribed by its priority to maintain the City’s central position in American finance. While this remains the priority, the occupant of 10 Downing Street is like the captain whose powers are limited to re-arranging the deck chairs on the Titanic.

Is there an alternative to this peculiar form of financial subservience to US-based leveraged financiers? Yes, but it requires a willingness to accept a falling pound and falling house prices while increasing public investment through a new investment bank that issues bonds supported by the Bank of England.

Any Prime Minister who tries to maintain Britain’s financial servitude to US capital while also investing in public goods may well put Britain on a path towards the IMF, whose sole purpose, lest we forget, is to create the political leverage that will bring about – like it did in Greece – the permanent loss of sovereignty over tax and spending policy. The question is: Do the current contenders for Britain’s top job understand this?

https://t.co/xGrWjjcudY

[ZaxtR @AmX_ZaxTr]

@infantrydort

[Gerard Rennick @RennickGBR]

They Lied. People Died.

“Former U.S. Director of National Intelligence (DNI) Tulsi Gabbard has released declassified documents indicating U.S. government funding for over 120 biological laboratories across more than 30 countries. Gabbard alleges a long-term cover-up by officials regarding these foreign research facilities”

V

“The V9 variant was selected as the clinical candidate. V8 and V9 have identical amino acid sequencesof the encoded antigens and differ only in their codon optimisation sequences, which were designed
to improve antigen expression (V9) with higher content of cytosine ribonucleotides.”

V

“Taxpayers funded risky virus projects. Australian taxpayers funded 17 research projects over a decade that could increase the harmfulness of infectious agents to humans using tissue from bats and other live animals, including mice and ferrets.”

•••••••••••••••

Kudos to Tulsi Gabbard for exposing this research.

Despite repeated attempts at getting our Health and Intelligence officials to acknowledge their reckless behaviour I was met with nothing but stonewalling.

For ASIO to pretend that it is not their responsibility to ensure that biological research is not a threat to our security is just absurd.

Skerritt’s refusal to answer my question because he didn’t have the documents in front of him is just as absurd because they were his documents.

Both Burgess and Skerritt should be locked up for acting against Australia’s interests and for enabling injuries and deaths to the Australian people.

[Ruslan Kogan @ruslankogan]

What sort of Australia are we building? What are we trying to incentivise? What do we want our country to look like in 10, 20, 30 years time?

[Eric Meder 👁️ @ericmeder]

All around the world pedophiles in office are telling you they want to "protect the kids" with child online safety bills.

Do you really still think they want to protect your kids?

No, it's mass surveillance.

[Jean John @jean_john82]

👇🏼😛

[Murray Rothbard @MurraySuggests]

The Iranian navy, which has been destroyed eight times, has apparently closed the Strait of Hormuz again, because the United States, for the seventh time, won the war that wasn’t a war, so now the United States has to open the Strait of Hormuz that was already open before the not-war began.

The not-war began because Iran had uranium that was totally, completely, beautifully obliterated, so they can’t build the nuclear bomb they weren’t building, which is why the United States had to start the not-war it definitely didn’t start.

Now the United States, which has nuclear weapons, is threatening to use nuclear weapons to stop Iran from getting nuclear weapons, because nuclear weapons are far too dangerous for countries with nuclear weapons to allow other countries to have.

If the United States saw the United States doing what the United States does in other countries, the United States would invade the United States to liberate the United States from the tyranny of the United States.

[Jean John @jean_john82]

I would rather state this a bit differently. It’s proof that pragmatic market reforms beat rigid ideology.
Deng Xiaoping ditched pure Marxist economics after seeing the Soviet collapse. China introduced private enterprise, foreign investment, and profit incentives — capitalist tools under communist leadership control. Critical sectors remain heavily regulated (or state-dominated), delivering scale.

On the other hand they also had massive debt, property bubbles, youth unemployment, demographics crisis caused by the one child policy, and to some extent suppressed freedoms.

At the end of the day, It’s incentives, accountability, and adaptability that matters.Ultimately, China’s rise can be attributed to the sheer commitment and the political will of their leaders, who clearly worked for the greater good of the society rather than the top 1%.

[Gerard Rennick @RennickGBR]

Yesterday Fair Work lifted the minimum wage by up to 6%.

This is obviously very hard on small business but very much needed for people on a minimum wage.

The national wage hike is a massive win for the Government, which collects 30% of the raise in new taxes.

Workers get crumbs after inflation and business loses money unless they pass those losses onto consumers starting a deadly cycle of inflation.

To stop this deadly cycle People First is advocating for a number of changes to fix the structural imbalances put in place by reckless governments over recent decades.

These are:

1) Stop Government waste - in particular subsidies for renewables, gold plated bureaucrat pensions and NDIS profit gauging. This will fund income tax cuts and lower inflation.

2) Tax offshore profit shifting more so Australians pay less tax here. This will also level the playing field so that Australian businesses can compete with foreign multinationals and stimulate growth.

3) Create an Infrastructure Bank to fund Infrastructure that will provide another source of income for governments other than taxes. Increasing the number of power stations, dams and ports will also increase the supply of essential services driving down costs for businesses and workers.

To find out more please see our policies at https://t.co/PeAaJW2pjF

[Jean John @jean_john82]

👇🏼Here is the Translation: more risk, more speculation, more systemic fragility. The American Ponzi thrives on this — endless expansion until confidence cracks.
As for Taxpayers, get ready for your next ride!!!

[Financial Times @FT]

Regulatory reforms will free up capacity for eight of the biggest Wall Street lenders including Bank of America to expand their balance sheets by $2.5tn, roughly equivalent to adding another Citigroup, according to research. https://t.co/PNNJscMJ7T

[Trita Parsi @tparsi]

Israel appears to be resisting the regional ceasefire encompassed in the pending US-Iran deal. But even if Trump forces Israel to comply, Israel will likely wiggle itself out of the agreement and start attacking Lebanon, citing self-defense.

At that point, Iran would face a painful dilemma. Tehran would almost certainly pressure Trump to intervene and might even threaten to abandon the agreement altogether.

But if Washington failed to act, would Iran truly sacrifice sanctions relief, economic recovery, and an end to open warfare merely to register its objections? Moreover, walking away from the deal might not compel Trump to restrain Israel. Iran could end up with neither an agreement nor a ceasefire in Lebanon. In fact, it would be an outcome Israel would welcome.

One option increasingly discussed within segments of Iran’s security establishment is more ominous still: remaining within the agreement while imposing costs elsewhere — namely on the United Arab Emirates, one of Israel’s closest regional partners.

The logic is brutally simple. If the broader US-Iran arrangement tolerates Israel attacking an Iranian ally in Lebanon, then Tehran may conclude that the same arrangement can tolerate Iran targeting an Israeli ally in the Persian Gulf.

Under such a scenario, Iran could retaliate against Emirati territory or Israeli operatives based there for every Israeli strike conducted in Lebanon. Rather than collapsing the agreement outright, Tehran would seek to exact a calibrated price for Israeli noncompliance.

Read the full analysis here:
https://t.co/1tpxvwHAC2

[Kat A 🌸 @SaiKate108]

Richard Werner, the ex WEF young global leader shocked me yet again with his chilling insights.

You may recall in 2023 he revealed that the purported end game was CBDCs implanted under the skin, using universal basic income to force acceptance.

Now we’re being told UBI will be needed due to AI taking our jobs.

And here’s the clincher!!

He believes the real reason they’re building massive centralised AI data centres is for the implementation of CBDCs.

If this is true, an agenda we thought we had defeated is still coming together in plain sight.

[Gerard Rennick @RennickGBR]

Keep your hands off our gold

“In the rush to hoard stuff for a rainy day, there’s been scant discussion about the future of our existing mineral stockpile; the 80 tonnes of gold the Reserve Bank of Australia has sitting in vaults.

The rapid surge in gold prices means the value of the RBA’s gold has doubled in Australian dollar terms over the past two years and more than tripled over the past seven years.

Which makes it a great time to sell those 80 tonnes of gold for just over $18 billion of cash.

The analogy extends to physical capital; what’s the point of having a gold stockpile if you never sell it?”

•••••••••••••••

The AFR (no doubt acting as a proxy for Treasury) is arguing that Australia should sell its gold.

This is a very dangerous thing to do.

Some time in the future the U.S. dollar will stop being the world’s reserve currency and there will be reset of the monetary system.

It’s highly likely that when this happens the new currency will be backed by gold.

Those countries with the largest gold reserves will in the strongest financial position after reset.

Gold is an appreciating asset, unlike bonds which depreciate due to inflation.

That’s why central banks manipulate the gold price by artificially shorting it via paper contracts on the Comex to prevent individuals from accumulating it.

Let’s not forget the U.S. outlawed the possession of gold in 1932 to prop up the paper markets.

Articles like this remind us that the world’s financial system is on very shaky ground. Western government debt levels are unsustainable and the bond markets are on very shaky ground.

Gold has always been insurance against reckless government spending/borrowing.

Rather than sell our gold, the Australian government should be accumulating it.

Any attempt by central banks to take our gold needs to be stopped stone cold dead.

That includes bringing our gold back home, away from the clutches of the Bank of England.

[Gerard Rennick @RennickGBR]

Further to the two previous posts it’s turns out that an FOI was lodged to the National Health and Medical Research Council over their decision to award Edward Holmes $3.9 million.

The NHMRC unsurprisingly refused to disclose what exactly Holmes is doing with the money.

How typical is this. Governments giving taxpayers money with absolutely no oversight, to people who have deliberately lied and destroyed the Australian people.

It’s no wonder people are abandoning the major parties when their ministers have abused their power so ruthlessly.

[Jean John @jean_john82]

@kashyap286 @LauraLoomer And her audacity to think that we are all retards!!!

[Former Congresswoman Marjorie Taylor Greene🇺🇸 @FmrRepMTG]

If you send in U.S. military troops into Iran, there is going to be a political revolution in America.

WE. ARE. DONE.

We said no more foreign wars and we meant it.

The coalition will unite and be unstoppable. I’ll make sure of it.

End this war. It’s stupid.