Sunday, November 10, 2019

Reference :- Mr Morrison's foreshadowed new laws to corral activists are not receiving the anticipated support from big business.

Reference :-   Mr Morrison , clutching  his obsolete applied economics degree , like an empty spud gun  , promises us new laws to save big companies from the economic damage occasioned by irresponsible activists .  But where is the anticipated support from those very companies ?

Mr Morrison , sir .   Your popularity is waning in the opinion polls , so  perhaps lavishing largess upon the big end of town might win you a few sorely needed supporters  . The trouble is , do the big companies want you to introduce new laws to corral the activists ?   If not , why bother ?
It would be wise to ask them what they think , before going to the expense of hastily drafting another raft of oppressive new laws .  There is no point wasting money on something that doesn't impress anybody  .    To save you the trouble , I have had a quick peep at words from a few CEOs  and company spokespersons .    For starters , Aberdeen Standard Investments , which is the UK's largest listed fund manager ( 550 billion in assets ) has recently  defended the role of environmental groups.   Here are a few recent quotes from them ,  lightly paraphrased .
  " climate risks are financially material to our business "
   " there is a place for noisy action "   to draw attention to the environment
    " activism is an effective and vital part of democracy "
 It looks like that particular company is not siding with your team , Mr Morrison .
 But what of our own big banks ?   Not much joy there either, I am afraid .  Recently the heads of both Westpac and the Commonwealth Bank  said they denied " feeling bullied by climate activists " .  They also felt that " new laws are not needed " , and stated further that " engaging with environmental groups has been to our benefit and helped enrich the bank's thinking ".
Who would have thought ?     So it looks like you have little hope of blaming activism for choking  the economy .   My son , Ken junior ,  races dirt bikes at the local motocross track .  He says, sometimes rather than trying to steer when you have lost control , it is better to simply let go of the bike and see what happens , because steering is only making things worse .  Why not stay home for awhile and do nothing ?   A few weeks glued to the tube watching boxed sets of Division 4  DVDs might remind you of the country's golden years and you can return  refreshed .   By then the climate , water , fire , agricultural , drought , unemployment , economic , education , aged care  and corruption crises  will be over . And if you were absent for most of them , people won't forever associate your beguiling smirk with tragedies best forgotten .   

  Your comrade , Ken 

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