$50 billion Gas Deal with China or just more BS from Kevin?

I another case of inflated self importance and rubbery figures it seems that the Australian Labor Party is still running on fluff and bubbles with no substance.

The loudly trumpeted claims of success for a deal begun long before little Kevvy was even the leader of the Labor Party and while Ferguson was still bullying employers seem to not stand up to the clear light of inspection.

According to this account in the Sydney Morning Herald by Matthew Murphy the numbers just don't add up. How often does that happen with this mob of "financial conservatives"? Most of the time actually. In this case we need to halve their claims and call it a $20 billion deal, these numbers coming from the Governments own financial forecaster ABARE.

To achieve the $50 billion deal the average price of the gas needs to be $1,111 per tonne for the annual 2.25 million tonnes of LNG under the terms of the sale. Living a fantasy world is this Clayton's Government.

Problem with this is that it now isn't the biggest deal ever, it is dwarfed by the deal done by Woodside Petroleum in 2007 which is a genuine $45 billion deal.

In 2007, Woodside Petroleum agreed to key terms for supplying 2 million to 3 million tonnes of LNG to PetroChina, the same customer as ExxonMobil, in a deal worth about $45 billion, according to Woodside's chief executive, Don Voelte.

That means PetroChina potentially would pay $5 billion less under the Woodside deal to receive more LNG. In its latest production report, Woodside received $345 a tonne for LNG during the June 2009 quarter.

I would have thought that any "financially conservative" Government would at least be able to do their maths properly, clearly they can't.

Seems to be an ever increasing theme with the latest BS from Ms Gillard about how the blowout in spending for the unnecessary school building program "just shows the project is successful" despite the fact that there is mounting evidence that the Labor State Governments have been skimming the fund, builders have been overcharging and the Principals have been complaining that they can't get anything useful to the school actually built.

Since in January Ms Gillard, the part time everything, said that every school in Australia would get a new building to now claim that she really meant only 90% would get a new building and now that they have all asked for one it shows how successful the program has been.

They shut down the solar panel rebate because of that same success and the new deal is just a fraudulent exercise to pad the numbers for their greenhouse gas reduction number later.

Add in the additional poor performance and flaky dealings and it becomes increasingly clear that this is a Government which says one thing while consistently doing something else. The words totally incompetent come to mind.

If you needed another example, look at the National Broadband Network. If there was ever a totally incompetent decision this was it. We the taxpayer are now committed to a $43 billion construction project which is almost out of date now let alone in 6 years time if it ever gets completed. There is no plan, there is no money yet, there is no suggestion of cost to use the system, there are no private companies who have put their hands up to join in. All in all, $43 billion for an idea which has no planning is typical of the Australian Labor Parties approach to almost everything they do regardless of State or Federal bodies.

Australia cannot afford them any longer. Remember, you will have to pay the money back. $200 Billion is $10,000 each plus interest for a family of 4 that'll be $40,000, thanks. You both have parents who are not working? Better kick in another $40,000 for them then. You have an unemployed brother and his wife with their two children? Whoops, another $40,000 from you to help them out. So you bill now comes to $120,000 plus interest. See why we can't afford the Australian Labor Party?

Good Luck buying your house or having a holiday anytime soon.

The Lie of Human Caused Global Warming

It seems that the public are finally waking up to the Global Warming Spruikers lies and mis-information. See this article here.

'Yes, another excellent article pointing out the ongoing desire for us to have disasters' we have to overcome.

Assuming there is climate change occurring, and I have no doubts there is, by what arrogant, ignorant stance could anyone possibly believe that there is only a single cause and that " Human activity" is the single cause of that?

Just look at the equation used to calculate and project the 'warming' trend. High School math should have taught you that you cannot solve any equation with more than one variable unless you know all but one of the values for the other variables. Not a range of values but fixed values. The climatologists have no fixed values for any of their variables and therefore the equation cannot be solved.

Science is not about 'consensus', it is about fact, repeatable, verifiable fact. Consensus is what you get when you bully people by threatening to take away their funding if they don't agree with you.'

The Kevin Rudd and Labor party sponsored Emissions Trading Scheme, the ETS, is based on a lie and a fraud. The only effect it will have is to damage the Australian Economy. It will not nor cannot make any difference to the climate. It might make a difference to the air quality but probably won't even do that.

I am standing up here and stating that I believe in Climate Change, I don't believe that humans either cause it or can stop it. That is just plain stupid and arrogant. One of the problems with a scientific approach which has a belief before examining any data is that you will read into the data whatever your beliefs dictate. You are looking for proof not fact and anything which doesn't fit is discarded or explained away as an anomaly.

If you look at the statements by the "true believers" you will see many many statements clearly trying to downplay or eliminate anything which doesn't fit their belief system. This is the behaviour of a religious fanatic, not a scientist.

Guess what "true believers" you have been sucked in by the spin and BS. Open your eyes and research the facts. Think about them, make your own observations.

By the way, 200 websites spouting the same information from the same site is, in reality, 1 site and 199 lazy webmasters, not proof.

2,000 eminent scientists spouting th same story from the same block of information is 1 scientist and 1,999 lazy scientists, not proof.

2,000 scientist with the same story doesn't make it correct, 1 scientist with a different story doesn't make it wrong.

Bring out your proof and facts, verifiable, repeatable, indisputable facts. Only then can we have a proper debate. In the mean time nick off, opinions are like backsides, everybodys got one.