Welcome to Finance and Fury

The election has been set for the 18th of May

The marketing has been coming in and it has been pretty forward with the smear campaigns

It seems like a lot of it preys off people not understanding how the economy works, and there is nothing wrong with this as it is a complicated topic. But its abhorrent that its used to win votes, without providing policy on how a party will run things.

Today

  • See through the political messaging used
  • The messages used
  • The tactics used

An election promise is not a policy

  • There are 2 sides to every policy

Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety

  • Under governmental policy, it is a trade off
  • Liberty is the state of being free within society from oppressive restrictions imposed by authority on one’s way of life, behaviour, or political views
  • Safety is a state where you are not in danger or risk
  • We have a relative safety measure, economic, terrorism, climate change etc.
  • You need to give up liberty. For example, climate change = additional taxes, restrictions on choice of power
  • What were the TSA introduced for?
  • DHS found a 95% failure rate in detecting weapons or explosives in their undercover operations
  • In Australia, we had the Gun buyback laws in 1996 after the massacre at Port Author
  • There was already a downward trend in gun-related deaths before these laws
  • But what about deaths overall, were they decreased?
  • Is society becoming less violent overall?
  • What isn’t mentioned is armed robberies increasing
  • Policies don’t seem to be needed
  • Is there a political message here to make you just feel unsafe?
  • Fearing something evokes a stronger emotional emotion than gaining something. Called loss aversion
  • The political message gets you to operate out of fear

Each side of politics has a starting point:

  • On the left side – the starting point is that things are unfair and a vote for us gets a solution to the problem
  • On the right side – the starting point is that things are good and not to give it up, a vote for us avoids a problem
  • So what has changed? Our perception of how good we have it?
  • What do you want in life? What about your neighbour? What about some random 3 blocks away?
  • Why do you want to increase freedoms? What does it do for the country?
  • Mao’s great leap forward and the enemy within
  • If you think that you are doomed to begin with, would you ever even try bothering?
  • Can the problems in Australia really be solved with 1 vote?
  • How is our health care?
  • The message of a fair go?
  • Democracy is two wolves voting to eat the sheep
  • A lot of this caters to envy and greed another power emotion next to fear

Summary:

  • A major issue for politics today
  • Not a win for the country, but a win for the party
  • Watch out for any government policies that rely on you giving up your liberty for promises of more
  • How they will make it easier for my efforts to work?
  • It is better for you to choose your own path

 

Thank you for listening. If you want to get in contact you can do so here.

Graphs:

Furious Fridays: Is progressivism the destroyer of equal opportunity?

Welcome everyone to Finance and Fury, the Furious Friday edition. Today’s episode is part 5 of the miniseries. The last part looked at the ‘fair go’, what is fair for some, isn’t for others. Nearing the end of the series, I want to put forward a case. The constant...

Furious Fridays: The Holocaust, famine in the Ukraine, and how we just keep repeating the same mistakes, Rick and Morty style

Furious Fridays The Holocaust, famine in the Ukraine, and how we just keep repeating the same mistakes, Rick and Morty style Welcome to Finance and Fury, Furious Friday Have a think about how much you know about history? Are you familiar with the big events, like WW1...

How do we reduce poverty?

Welcome to Finance and Fury, the Furious Friday edition. This week is a flow on from last week’s episode talking about the basics of supply-side economics. But, it’s going to be applied to a question we got from Nick. What is a solution for society that would...

Say What Wednesday: The tax implications of investing in shares; owning, holding, selling, dividends

Say What Wednesdays The tax implications of investing in shares; owning, holding, selling, dividends Welcome to Finance & Fury’s ‘Say What Wednesday’! Today’s question is from John; What are the tax implications of investing in shares, owning, holding, selling,...

5 Game Changing Tips for Building a Property Portfolio

Episode 35 5 Game Changing Tips for Building a Property Portfolio Welcome to Finance and Fury…today we have Jayden Vecchio from Hunter Galloway on the show, talking to us about 5 game changing tips for buying property especially for those who are looking to build a...

Is there any proof that having more millionaires per person is better for the poor?

Welcome to Finance and Fury, The Say What Wednesday edition. Where every week we answer your questions. Question from Anton - In your recent podcast you mention countries that have more millionaires and billionaires have more gdp and a higher quality of life. I am...

Furious Friday: What is the future of the Australian Economy?

Hi Guys, and Welcome to Finance and Fury, the Furious Friday edition. Today we are discussing the future of our economy. What is the future of the Australian Economy? Welcome Today’s episode is on the future of the Australian economy. In today’s episode we will cover...

How do I make an Investment Strategy?

Welcome to Finance and Fury, today’s episode is a flow on from last Monday’s Investment philosophy episode and narrow down into an Investment Strategy. To invest properly, your investment beliefs need to expand into a strategy, an implementation plan. So Today: Expand...

Furious Fridays: Evil Capitalism!!! Efficiencies, incentives, equal opportunities and reducing poverty

Furious Friday Evil Capitalism!!! Efficiencies, incentives, equal opportunities and reducing poverty Welcome to Furious Fridays Imagine you are a child in Korea.... North Korea - After school (which is mostly propaganda to solidify your ruler), 10 years mandatory...

Furious Friday: The Great Depression – Are the solutions actually what created it?

Welcome to Finance and Fury the Furious Friday edition If you have been paying attention to the news then you would know about the current GDP per capita recession. Today we will look at recessions and different policies to help boost the economy. It is all apart of...

Pin It on Pinterest

Share This