dusty
2011-08-22 06:53:11 UTC
This disaster is the product of the restructuring of the Australian
economy to fit the Plans of Finance Capital and their Transnational
New World Order. Their eventual Plan for Australia lies in its
ultimate Asianisation by incorporation into an Asian Free Trade
ZONE ...with the Free movement of labour as well as everything else
(Capital, Commodities) which already occur.
The analysis of this kind of outcome sans the Grand Plan was outlined
decades ago by the economist R. Gregory (unoriginally, except for
Australia) in the "Gregory Thesis"...the essence of which was that the
policy outcome arising from the Transnational Plan's shift to Quarry
Economics was that the Australian dollar would rise in value (at least
in the short to medium term, historically speaking) and strangle the
manufacturing industries competing with imports. Little could Bob
Gregory predict in c. 1980 that the "Free Trade" settings now in place
under a more mature, albeit Crisis ridden Global Imperialist regime
(not without opposition from a now defunct Stalinist trade union
movement) would enormously accelerate the race to the bottom for
Australian manufacturing industry.
The political economists (Marxists, Ted Wheelwright and Bruce
MacFarlane) saw it all and so the present state and the state which
will arise when the mining boom most certainly will collapse would
come as no surprise to these prescient figures.
Needless to say..but I'll do so again - the Far Left, lock, stock and
barrel, Healyites not excepted, opposed the Wheelwright-MacFarlane
analysis all the way. Just as they will support the incorporation of
Australia - under the Globalist-Imperialist NWO Plan - into Asia.
There have been NO APOLOGIES, just servile support for the substance
of the NWO Agendas, covered over by feeble "Left" rhetoric.
The phrase POLITICAL SCUM comes to mind!
http://www.abc.net.au/news/2011-08-22/federal-government-response-to-bluescope-steel/2850444
(DT: but see the pictures and video)
Cheap imports led to BlueScope demise: union
Jeremy Thompson
The Federal Government has denied that imported Chinese steel has led
to the closure of BlueScope Steel's export operations and the loss of
1,000 jobs.
BlueScope has confirmed it is ending exports from its Port Kembla (DT:
South of Sydney) steelworks, with the loss of around 800 jobs, while a
further 200 jobs will go at the Western Port steel mill at Hastings,
east of Melbourne.
The news of job cuts comes as the company reported an underlying net
loss after tax of $1.18 billion.
In response, the Government says it will channel $100 million from the
already-announced steel transformation plan - part of the carbon price
program - to BlueScope and help affected workers.
It will also set up a $30 million fund to encourage new business
ventures and jobs in the Illawarra and Mornington Peninsula regions.
BlueScope's steel export business has been losing money for three
years, since before the global financial crisis, and the blast furnace
closure is not unexpected.
Australian Workers Union boss Paul Howes says the artificially low
Chinese yuan means imported Chinese steel is cheaper than the local
product, and mining companies are buying it rather than Australian
steel.
"The minerals industry in this country [is] getting away with refusing
to use Australian-made steel and Australian-made products in their
expansion of their industry, simply because they are trying to save a
buck," Mr Howes said.
Mining magnate Gina Rinehart is reported to have sourced railway
tracks for a large project from China rather than buying Australian
steel, but Treasurer Wayne Swan says it is unfair to expect companies
to buy all their inputs locally.
"I also know it is unrealistic to expect that these major projects
won't be sourcing a significant amount of product from overseas,
because they are very big investments, and of course, product will be
sourced from overseas," he told a press conference at Parliament
House.
"It is just common sense."
Industry Minister Kim Carr says there is a Buy Australia campaign to
encourage companies to use Australian steel - and more incentives are
to come this week.
"We will be in a position to see a substantial improvement of economic
opportunities as a result of the resources boom flowing through to
steel fabricators for the various parts of manufacturing in
Australia," he said.
The Minister says the closures at BlueScope may only be temporary.
"The company is in the position where it is putting various pieces of
equipment into reserve ... and is prepared to reopen those facilities
when the business climate improves," he told The World Today.
Difficult day
Video: BlueScope CEO announces job cuts (ABC News)
In the meantime, workers will also be eligible for assistance to re-
train and find new jobs.
Those made redundant will be immediately eligible for relocation and
family assistance payments.
The New South Wales Government says it will contribute $5 million
towards the assistance package.
It will also have a role on a taskforce that is being established to
address the specific needs of the Illawarra region.
Senator Carr says the Federal Government will ensure workers are
treated properly.
"We are working very closely with individuals, with their unions, with
the region in which they live, with the company, [so that we can]
manage the change that's coming," he said.
Prime Minister Julia Gillard says the "fundamentals of the Australia
economy are strong" but there are "patchwork pressures" that lead to
the sort of problems faced by BlueScope.
"Those pressures arise, in part, from the very strong Australian
dollar. It's a benefit for some industries, including manufacturing,
that does put pressure on," she told reporters at Parliament House.
She says the closure will be a big blow for the Illawarra region.
"More than 600 local firms contract with BlueScope. The firm purchases
more than $1.2 billion per annum in goods from the local economy and
BlueScope provides goods worth more than $100 million per annum to the
local economy.
"This is a difficult day for many working people and their families.
We understand that. We'll always be determined to support Australians
and their jobs."
economy to fit the Plans of Finance Capital and their Transnational
New World Order. Their eventual Plan for Australia lies in its
ultimate Asianisation by incorporation into an Asian Free Trade
ZONE ...with the Free movement of labour as well as everything else
(Capital, Commodities) which already occur.
The analysis of this kind of outcome sans the Grand Plan was outlined
decades ago by the economist R. Gregory (unoriginally, except for
Australia) in the "Gregory Thesis"...the essence of which was that the
policy outcome arising from the Transnational Plan's shift to Quarry
Economics was that the Australian dollar would rise in value (at least
in the short to medium term, historically speaking) and strangle the
manufacturing industries competing with imports. Little could Bob
Gregory predict in c. 1980 that the "Free Trade" settings now in place
under a more mature, albeit Crisis ridden Global Imperialist regime
(not without opposition from a now defunct Stalinist trade union
movement) would enormously accelerate the race to the bottom for
Australian manufacturing industry.
The political economists (Marxists, Ted Wheelwright and Bruce
MacFarlane) saw it all and so the present state and the state which
will arise when the mining boom most certainly will collapse would
come as no surprise to these prescient figures.
Needless to say..but I'll do so again - the Far Left, lock, stock and
barrel, Healyites not excepted, opposed the Wheelwright-MacFarlane
analysis all the way. Just as they will support the incorporation of
Australia - under the Globalist-Imperialist NWO Plan - into Asia.
There have been NO APOLOGIES, just servile support for the substance
of the NWO Agendas, covered over by feeble "Left" rhetoric.
The phrase POLITICAL SCUM comes to mind!
http://www.abc.net.au/news/2011-08-22/federal-government-response-to-bluescope-steel/2850444
(DT: but see the pictures and video)
Cheap imports led to BlueScope demise: union
Jeremy Thompson
The Federal Government has denied that imported Chinese steel has led
to the closure of BlueScope Steel's export operations and the loss of
1,000 jobs.
BlueScope has confirmed it is ending exports from its Port Kembla (DT:
South of Sydney) steelworks, with the loss of around 800 jobs, while a
further 200 jobs will go at the Western Port steel mill at Hastings,
east of Melbourne.
The news of job cuts comes as the company reported an underlying net
loss after tax of $1.18 billion.
In response, the Government says it will channel $100 million from the
already-announced steel transformation plan - part of the carbon price
program - to BlueScope and help affected workers.
It will also set up a $30 million fund to encourage new business
ventures and jobs in the Illawarra and Mornington Peninsula regions.
BlueScope's steel export business has been losing money for three
years, since before the global financial crisis, and the blast furnace
closure is not unexpected.
Australian Workers Union boss Paul Howes says the artificially low
Chinese yuan means imported Chinese steel is cheaper than the local
product, and mining companies are buying it rather than Australian
steel.
"The minerals industry in this country [is] getting away with refusing
to use Australian-made steel and Australian-made products in their
expansion of their industry, simply because they are trying to save a
buck," Mr Howes said.
Mining magnate Gina Rinehart is reported to have sourced railway
tracks for a large project from China rather than buying Australian
steel, but Treasurer Wayne Swan says it is unfair to expect companies
to buy all their inputs locally.
"I also know it is unrealistic to expect that these major projects
won't be sourcing a significant amount of product from overseas,
because they are very big investments, and of course, product will be
sourced from overseas," he told a press conference at Parliament
House.
"It is just common sense."
Industry Minister Kim Carr says there is a Buy Australia campaign to
encourage companies to use Australian steel - and more incentives are
to come this week.
"We will be in a position to see a substantial improvement of economic
opportunities as a result of the resources boom flowing through to
steel fabricators for the various parts of manufacturing in
Australia," he said.
The Minister says the closures at BlueScope may only be temporary.
"The company is in the position where it is putting various pieces of
equipment into reserve ... and is prepared to reopen those facilities
when the business climate improves," he told The World Today.
Difficult day
Video: BlueScope CEO announces job cuts (ABC News)
In the meantime, workers will also be eligible for assistance to re-
train and find new jobs.
Those made redundant will be immediately eligible for relocation and
family assistance payments.
The New South Wales Government says it will contribute $5 million
towards the assistance package.
It will also have a role on a taskforce that is being established to
address the specific needs of the Illawarra region.
Senator Carr says the Federal Government will ensure workers are
treated properly.
"We are working very closely with individuals, with their unions, with
the region in which they live, with the company, [so that we can]
manage the change that's coming," he said.
Prime Minister Julia Gillard says the "fundamentals of the Australia
economy are strong" but there are "patchwork pressures" that lead to
the sort of problems faced by BlueScope.
"Those pressures arise, in part, from the very strong Australian
dollar. It's a benefit for some industries, including manufacturing,
that does put pressure on," she told reporters at Parliament House.
She says the closure will be a big blow for the Illawarra region.
"More than 600 local firms contract with BlueScope. The firm purchases
more than $1.2 billion per annum in goods from the local economy and
BlueScope provides goods worth more than $100 million per annum to the
local economy.
"This is a difficult day for many working people and their families.
We understand that. We'll always be determined to support Australians
and their jobs."