John Adams: I am ready to challenge

The time has come where we must speak bluntly.

Australia is beset with a series of systemic and chronic public policy problems that continue to worsen by the day.

The Prime Minister has had two and a half years to lead and address these problems and yet the Australian people have been forced to twiddle their thumbs while waiting for action.

Malcolm Turnbull is leading a do-nothing Government, something which I publicly predicted on national TV back in June 2016, weeks before the last federal election.

As a result, the Australian people are suffering under the weight of a range of economic, social, and cultural ills.

They are dissatisfied and frustrated with the most over-compensated, the most self-indulgent, the most self-obsessed political class who have produced very little to justify the generosity of the Australian taxpayer.

Nothing will change with the upcoming federal budget as the political and fiscal strategy has been in train for months.

On the 8th of May, the Prime Minister and Treasurer will deliver personal income tax cuts in the belief that they can effectively bribe the electorate into voting the Coalition back into office.

This budget will perhaps be the most cynical political exercise in recent Australian political history and will end up in failure.

Australians will see right through this attempt and will come to realise that the budget will do nothing to address Australia’s current pressing public policy problems nor resolve our mounting and significant medium to long term challenges.

With the loss of the 30th consecutive Newspoll, leadership speculation is swirling with artificial deadlines being set for December, although there is no guarantee that anyone will summon the courage to offer Australia new leadership and mount a challenge.

I lack no such courage and I am therefore ready to launch a leadership challenge (albeit fictional) against the Prime Minister.

Never has there been a time in the past 35 years where challenging a sitting Prime Minister on public policy grounds has been more justified.

The record speaks for itself and no matter what justifications are offered to excuse the current state of policy paralysis, nothing will relinquish the responsibility of the Prime Minister for the policy failures which he has inflicted on the nation.

Let us remember:

  • Who has given us the highest level of household debt in our history (both absolute and relative to disposable income)? Malcolm Turnbull.
  • Who has given us the highest level of foreign debt in our history? Malcolm Turnbull.
  • Who has given us the lowest level of household savings since the GFC? Malcolm Turnbull.
  • Who has given us the biggest financial bubble in our life time? Malcolm Turnbull.
  • Who has given us the highest real estate prices in our history? Malcolm Turnbull.
  • Who has given us the highest electricity prices in our history? Malcolm Turnbull.
  • Who has given us the highest level of Commonwealth debt? Malcolm Turnbull.
  • Who have given us the highest level of drug crime and drug abuse in our history? Malcolm Turnbull.
  • Who has given us the highest levels of net overseas migration and has therefore directly contributed to the worst traffic congestion in our capital cities? Malcolm Turnbull.
  • Who has wasted the most public money on consultants? Malcolm Turnbull.
  • Who has given us the lowest international education attainment rates in over 20 years? Malcolm Turnbull.
  • Who has given us the most obese and unhealthiest Australian population ever? Malcolm Turnbull.

To compound this atrocious record is the fact that the Australian economy is suffering from the most chronic macroeconomic structural imbalances in our nation’s history.

For 2 years, I have been warning that Australia is currently trapped in the biggest debt bubble in our national history at the same time when the world is trapped in the biggest globally integrated debt bubble in human history.

When the debt bubble explodes, an Economic Armageddon, that has the potential to rival either German Weimar Republic 1923 hyperinflation or the 1929 Great Depression, will be unleashed on millions of Australians.

Despite the rhetoric of the Government, several members of the Government’s own backbench are aware of the severity of Australia’s structural economic problems and privately acknowledge that Australia, their Government and the Australian people are completely unprepared for the crisis which is to come.

To his credit, Tim Wilson MP, the Member for Goldstein, is the sole parliamentarian to go on the public record in parliament and break ranks with the Prime Minister to warn Australians of the emerging economic crisis.

To add insult to injury is the chilling news, as recently reported by Fairfax Media, that China is seeking to establish a full military base on Vanuatu.

This act of strategic provocation coincides with China’s long-term ambition of replacing the United States as the world’s most powerful hegemon (see Michael Pillsbury’s book – the Hundred Year Marathon).

As I warned last October through a Daily Telegraph column, China is seeking to achieve its global economic and military dominance via breaking the back of the petrodollar system through the launch of its recent petro-yuan oil futures contract which took place on the 26th of March of this year.

This action, coupled with other acts of financial system development undertaken by Beijing, seeks to end the global dominance of the US dollar as the world’s reserve currency by eliminating the requirement to acquire US dollars in order to purchase crude oil on the world market.

If these efforts are proven successful, America will lack the monetary strength required to meet its astronomical debt obligations which have exploded under the Trump Administration and the 115th US Congress.

Much like previous empires, an over-extended America will ultimately be economically forced to reduce its global military footprint and be limited in its ability to project military power.

This has direct implications as to the strength of our alliance with the Americans, our ability to rely on American military protection and therefore the risks to our national security.

Under a nightmare scenario, Australia could face a similar existential threat as experienced in 1942 when, after the fall of Singapore, the myth of British invincibility was shattered and Japan subsequently attacked Darwin.

Australians must be mentally, physically and materially prepared for all possible future geo-political situations, something which this Prime Minister has utterly failed to do.

In summary, Australia is stuck in neutral, beset with pressing problems, unprepared for medium term strategic challenges, and by all objective measures is in decline.

We are on the verge of potentially suffering our greatest economic crisis in 90 years and in the medium term, if urgent action is not taken, our greatest national security crisis since 1942.

I am not prepared to allow Australians to go down with the ship.

I am ready to challenge. I am ready to lead.

John Adams is a former Coalition Advisor. This op-ed was first published at The Spectator Australia. Read the original here

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32 Responses to John Adams: I am ready to challenge

  1. Who has given us the highest levels of net overseas migration and has therefore directly contributed to the worst traffic congestion in our capital cities?

    The only major drawback that you can identify from the massive levels of foreign immigrants who have no intention or even possibility of integrating into our culture is traffic?

    You’re part of the problem, John.

  2. J-man

    Household savings increased in response to the gfc. That they have now returned to historic levels is to be expected due to consumer expectations rising.

    Net overseas migration was much higher immediately post gfc, if I recall correctly.

  3. Zorro

    Household savings in the latest 9 months of 2017 was the lowest rate of savings since the GFC. The rate of savings has been in decline since the initial boost to savings in 2009.

    According to the FY16-17 budget papers, the Government is seeking to boost economic growth through higher household spending and lower household savings. This is a deliberate government strategy.

  4. John Bayley

    Who has given us the highest real estate prices in our history? Malcolm Turnbull.

    That’s a feature, not a bug. All politicians, no matter from what party, agree on that – just check out the Members’ property portfolios.
    Plus the local and State governments could not possibly survive without the windfalls from stamp duty, zoning laws, various permits and so on and so on.
    The only way this will be fixed is through a serious recession & mass defaults.

  5. Leo G

    Net overseas migration was much higher immediately post gfc, if I recall correctly.

    Take net migration figures with a pinch of salt. The figures don’t count those who enter as long-term temporary migrants (ie at the time they go through customs) but who go on to become permanent residents.

  6. Makka

    Take net migration figures with a pinch of salt. The figures don’t count those who enter as long-term temporary migrants (ie at the time they go through customs) but who go on to become permanent residents.

    “Students”.

    Hundreds of thousands of them It’s a fkg racket.

  7. H B Bear

    Time for a Bex and a lie down.

  8. H B Bear

    The single greatest obstacle to any form of political solution to Australia’s numerous and growing problems is the Senate. Less than a handful of individuals elected on a tiny number of votes, that wouldn’t even see them elected as president of the local golf club, are completely capable of blocking the legislative agenda of the government of the day.

    Reduction in company tax to keep Australia even vaguely competitive in global terms is simply the latest example.

  9. nemkat

    Turnbull wasn’t the cause of any of these problems, the Immigration disaster has been building up forty six years.
    This concerted headkicking wouldn’t be connected to Turnbull knocking the Aboriginal Parliament scam on the head, by any chance?

  10. John Constantine

    Another few million voters imported and the financial pinch can be avoided by the State taking the legacy wealth of older obsolete racists, superannuation and housing, and paying it out as bribes and services.

    These war reparations for settler colonialist injustice is just evening up, and the State has fixated persons domestic terrorism laws and heavily armed paramilitary Death squads to progress this wealth and property reform.

  11. Bruce of Newcastle

    What do you expect with a country run by lawyers?
    Lawyers infest all parties in Canberra.
    Theirs is a profession where there is no truth, only a side.
    Both major parties have now dispensed with empirical truth for comforting lies.
    That will not change since they all hang around with each other and marry each other.
    So nothing will crack them out of their fantasy echo chamber.

  12. How many divisions does Adams command?

  13. egg_

    What do you expect with a country run by lawyers?
    Lawyers infest all parties in Canberra.
    Theirs is a profession where there is no truth, only a side.
    Both major parties have now dispensed with empirical truth for comforting lies.
    That will not change since they all hang around with each other and marry each other.
    So nothing will crack them out of their fantasy echo chamber.

    +1

    Plus a general lack of leadership from third grade retail politicians.
    On The Drum tonight, both lawyers on the panel were speaking of a gradual transition to renewables, as do academics, but without specifically mentioning coal – the elephant in the room.
    Thank God for the Monash group putting it on the table.

  14. Robbo

    He may well have been an advisor on something or another to the Coalition but the most important question is who the hell is Adams and what makes him think that sensible voters will run to hold up his pennant?

  15. Leo G

    What do you expect with a country run by lawyers? … nothing will crack them out of their fantasy echo chamber.

    About 40% of working Australians between the ages of 25 and 35 have an undergraduate degree or higher degree. About 2.5% of those graduates have a law degree.
    Yet 70% of parliamentarians have law degrees, suggesting seventy times too many Australian parliamentarians are lawyers for the parliament to be representative of working Australians.
    Those parliamentary lawyers want us to be extremely concerned about gender inequality in government. Shouldn’t we be more concerned about field of education inequality?

  16. Mak Siccar

    Lawyers are a disproportionate number of politicians in this country. What we need in parliament are engineers, except we (engineers) don’t have, what appears to be, the necessary character flaws to be politicians.

  17. Spring is coming

    Leadership Challenge Equality : Vote Yes!

    GO for Thirty!

  18. Spring is coming

    One score and ten polls ago I conceived all men or women or others are created equal except for Lucy and I.

    No lawyer in nor consultant to my Government shall live in poverty!

  19. BorisG

    Who has given us the highest real estate prices in our history? Malcolm Turnbull.

    Not where I live unfortunately.

  20. RobK

    How many divisions does Adams command?
    🙂
    You are asking the right questions m0nty.

  21. norman.carton

    What is Adams smoking?
    Could we have a postings limit for “I am Spartacus”? Say one posting every two days. He needs to concentrate on quality, not quantity.

  22. stuth

    Is this a joke?
    Some relevant points, but the John Adams that has posted here before is nothing but a party hack and holds up much to his disgrace a background as an economist and LIBERAL PARTY ADVISOR.
    He is not even a member of parliament, yet wants to lead.

    I am ready to challenge. I am ready to lead.

    He he.
    Isn’t in Parliament yet is ready to lead.
    No wonder the Liberal party went down the gurgler, with advice from guys with this little grasp of our political process.

    Some of the other tosh he has written puts him right up there with Textor.

  23. stuth

    Is this a joke?
    Some relevant points, but the John Adams that has posted here before is nothing but a party hack and holds up much to his disgrace a background as an economist and LIBERAL PARTY ADVISOR.
    He is not even a member of parliament, yet wants to lead.

  24. Dr Fred Lenin

    Regarding lawtradespersons in parliament they create problems they never solve them , the law trade is adversorial so parliament is the same never mind the problem just keep talking fluent flowery bullshitn the members represent their clients , the lib the capitalists who own them. Alp the union mafia crimes who own them , the greens the global communist u.n.and collaborator carpetbaggers who own them ,they represent their clients for reward , the voters are a means to get the reward. The only government paid job lawyers should hold is in the attorney generals department ,and that should be rigorously controlled by non lawyers .

  25. Louis

    I’d rather be a second class citizen under Chinese invaders than a second class citizen under the socialist-feminist-intersectionalist-post-modernists. At least the Chinese won’t expect me to be grateful about my second class status.

  26. What ever it takes

    “Ordinary Australians can take some precautions for hard economic times, he added, by reducing their personal spending, increasing savings and having more cash on hand, paying down debt, reducing their exposure to risky or overvalued assets and managing the risk of rising prices, including interest rate payments.”
    Those increased savings might be better kept at home under the mattress, if the economic Armageddon occurs there’s a good chance of Bank failures. The recent ‘bale-in’ Law rushed through the Senate allows your Bank savings to be confiscated.

  27. John Adams

    Struth, I am not an party hack. I quit the Liberal Party in 2016. I am independent.

  28. H B Bear

    An independent hack?

  29. Is this a joke?

    I concluded that it was a joke.
    Bad humour though.

  30. Empire 5:5

    It’s easy to snipe from the side line.

    The pressing question is: will you stand for election as an independent catastropharian?

Comments are closed.