BBC News - Gina Rinehart calls for Australian wage cut

__________________
Cruise Control not working? Send me PM or email (jamesdean59@gmail.com). I might be able to help out.
Check here for compatibility, diagnostics, and availability!

(4/11/2020: Hi Everyone! I am still taking orders and replying to emails/PMs/etc, I appreciate your patience in these crazy times. Stay safe and healthy!)


82 300SD 145k
89 420SEL 210k
89 560SEL 118k
90 300SE 262k RIP 5/25/2010
90 560SEL 154k
91 300D 2.5 Turbo. 241k
93 190E 3.0 235k
93 300E 195k

Might seem arrogant. But it's basic economics that minimum wages only prevent entry to the marketplace. It won't work out too well with a managed economy, though. Prices will never drop, nor will inflation. However I suppose anyone willing to work should be able to, even if it's for less than the minimum wage.
That said, I don't like this woman. She seems to be going out of her way to be a comical stereotype, and cause a controversy. And she's fat.

I gather her rise to fortune game came from inheritance and not actually working. I don't think anyone is going to take her seriously saying that we should look towards third world countries for guidance on compensation.

We want to move forward, not backwards.

__________________
Cruise Control not working? Send me PM or email (jamesdean59@gmail.com). I might be able to help out.
Check here for compatibility, diagnostics, and availability!

(4/11/2020: Hi Everyone! I am still taking orders and replying to emails/PMs/etc, I appreciate your patience in these crazy times. Stay safe and healthy!)


82 300SD 145k
89 420SEL 210k
89 560SEL 118k
90 300SE 262k RIP 5/25/2010
90 560SEL 154k
91 300D 2.5 Turbo. 241k
93 190E 3.0 235k
93 300E 195k

To a degree, that comment was taken out of context. She wasn't saying that miners should get two dollars a day, but praising the work ethic of those that do. Considering they're being held in squalor by competing dictators, it's hardly the case. Not to mention 2 completely different economics structures and an infinite amount of variables. But that's what I'm talking about. She has to be doing this on purpose.

Australia mining laws, to my understanding, monopolize the labor in that only Australians can work in them, or at least must get hired before foreigners can. So, naturally, they can demand an artificially high wage. There's certainly a case to be made they might be milking the situation, and I don't know what their union situation is.

Not to mention the fact that she's fat.

__________________
On some nights I still believe that a car with the fuel gauge on empty can run about fifty more miles if you have the right music very loud on the radio. - HST

1983 300SD - 305000
1984 Toyota Landcruiser - 190000
1994 GMC Jimmy - 203000

https://media.giphy.com/media/X3nnss8PAj5aU/giphy.gif

I'll be honest, I can take her comments easier than I can take looking at her. I've really had it with this obesity crap. She could literally buy a better figure. But with her money, how can you even get that big eating premium food? Or is she eating walmart and denny's? Exclusively. I can understand everyone has a different shape, size, but she missed that boat, ate it, then went back for seconds. The wrist fat bleeds over onto her hands.

People who work for $2 a day do so in economies where that amount can feed you for a day with a bit left over. I don't think she really wants people so desperate for survival that they'll work for tiny wages. Would require greater security to keep the hordes at bay and will not yield a fully prosperous nation.

__________________
1986 300SDL, 362K
1984 300D, 138K

I think she does want that. More money in her pockets...or stomach perhaps.

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

Might seem arrogant. But it's basic economics that there is a minimum amount of money needed for a person to survive. Individuals who make less than that threshold have to make up the income difference with some other means. Additional jobs, welfare, charities, relatives, theft, other criminal activity, etc. If a job can't support a minimum level of subsistence, then it isn't worth doing. Minimum wage is so low right now that anyone who makes minimum remains a drain on the local economy. Businesses that pay such low wages, likewise are a drain on local economies, and receiving subsidy from their communities.

__________________
Remember, Safety Third!
'99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA

Suddenly the phrase "One sided fight" comes to mind....

__________________
1982 300GD Carmine Red (DB3535) Cabriolet Parting Out
1990 300SEL Smoke Silver (Parting out)
1991 350SDL Blackberry Metallic (481)

"The thing is Bob, its not that I'm lazy...its that I just don't care."

Must be a quiet day in politics on your side of the pond.

Gina inherited her fathers wealth. Her father was self made. She is never far from controversy. While she is called a mining magnate, she has never owned/operated a mine. Her father discovered the iron ore that now powers Australia's economy. Gina & her kids spend much of their time fighting over the royalties. She is presently developing a mining operation.

The other one is nothing but a red headed clown. We will be rid of her later next year.

__________________
Grumpy Old Diesel Owners Club group

I no longer question authority, I annoy authority. More effect, less effort....

1967 230-6 auto parts car. rust bucket.
1980 300D now parts car 800k miles
1984 300D 500k miles
1987 250td 160k miles English import
2001 jeep turbo diesel 130k miles
1998 jeep tdi ~ followed me home. Needs a turbo.
1968 Ford F750 truck. 6-354 diesel conversion.
Other toys ~J.D.,Cat & GM ~ mainly earth moving

Would you rather have 5.00 an hour, or no job at all? Because that's how it works.

Edit: Actually, you just basically spouted basic communism nonsense. It's been refuted.

Ha.
http://www.youtube.com/watch?v=07fTsF5BiSM&feature=channel&list=UL

On second thought, that's just a big ole' strawman argument anyway. You aren't supposed to sustain yourself on a minimum wage job. It's as I indicated an ENTRY to work. Still in high school, no skills, straight to supporting yourself totally independently...? Yeah, that's it. With one job, too! Nobody should have to work hard.

Minimum wage doesn't affect people with experience. It just restricts people from gaining any. Which is irrelevant, because nobody would involuntarily enter an agreement to work for less than they thought it was worth. Or they wouldn't do it. Subjective value.

Communism? Hardly, but I know there are some who have to label any argument they dislike as communism, socialism, or some other kind of -ism. Maybe you're one of them. I don't care if you like my argument or not, it's true. It'll be even worse considering the pressure added by widespread unemployment. I'd be interested to read whatever you claim refutes it though.

__________________
Remember, Safety Third!
'99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA

Well, I call a spade a spade. Sue me. If you were really interested in any counter argument you would have found them. They aren't cryptic, disguised or secret and are actually becoming much easier to find of late with all the attention gathered by Ron Paul, Peter Schiff and others. I mean, I just refuted it? It's not up to you to determine for other people whatever wage they deem "worth it" except for if it's below some arbitrary number which hasn't even kept up with inflation(caused by the same entities responsible for minimum wage laws to begin with) it becomes a crime. I mean, do you even know anyone on minimum wage? I have never had a job that paid that. Close, once.