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sydney alternative media - non-profit community independent trustworthy
Friday, 13 February 2009
Stimulus II $42 Billion: Senate go 'large and timely' as cross benchers get on board 11.30 am today
Topic: aust govt

As we write the Australian Senate are in the endgame of the approval of the Stimulus II package.

We managed to capture an image of the National's Senator Barnaby Joyce spitting chips at the effective negotiation of the ALP Govt senators and Greens Senator Bob Brown:

Senator Brown (Greens) had already outlined his amendments which apparently are moderate bolt ons earlier today.

Joyce was sledging the Greens for being gazumped by independent Senator Xenophon.

Senator Carr was tub thumping at the failure of extreme capitalism after the collapse of Lehman Brothers Investment Bank in Sept 2008.

Now the Opposition's Liberal Senator Eric Abetz is refering to the "economic tsunami" and the high debt 'sugar coated pill' with "a very very bad after taste in the mouth".

One can imagine a speech of the critical vote of Independent Senator Xenophon will be made soon. Sure enough by 11.30 am we see Senator X speak in the committee phase of the debate regarding amendments. X is very flattering of other cross bench senators particularly his Green counter part from South Australia Hanson-Young. X along with Fielding table letters from the Government of the amendments agreed:

Next is independent Senator Fielding who has buckled down to supporting the government package with a $200M Get Communities Working pilot programme. Fielding has also been flattering to his cross bench senate colleagues X and Brown (Greens):

Senator Wong for the government gets up to accept the deal is made. We missed our screen print of the Senator. Never mind.

And now the Opposition Senator Minchin underlines the concern at the deficit and recession looming in losing the vote. He mentions what the Howard Government would have done if elected. Which tells the story - it wasn't. Minchin is mild with Xenophon's principled stand for the Murray Darling Basin, Minchin being a South Australian colleague. Then back to defending "the Howard Government" removed from office in November 2007.

Lastly we see the Government's Senator Evans accept the deal with the cross benchers:


 

In conclusion we seem to be witnessing the effective rollback of all the revenue raised by the GST since 1998 (?) in order to build an economic bridge to hopefully some kind of safe haven on the other side of a global recession.


Posted by editor at 9:50 AM EADT
Updated: Friday, 13 February 2009 12:27 PM EADT

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