The Boomers Strike Back

I think we all knew that the fallout from the budget was going to be spectacular.I don't think, however, anyone knew what shape it would take.I certainly didn't.I did not expect that it was going to be a 24 -7 whinge -fest of investors endlessly being interviewed by other investors talking about how utterly betrayed they feel and how the world is so unfair on them and their 300 properties.So we will be going through those and laughing at them, looking at the evolution of the press, trying to convince people that don't own a house why it is right that they don't own a house and they own 450 houses.It's content, I'll tell you that baby.

I'll tell you something else as well.Friendly Jimmy says, finally making it to the big leagues.I'm doing a tour in the United States.Did you know that American viewers?Well.I am!

And I'm going to San Francisco, Portland, Washington, Vancouver.That is in the United States.Trump was right.Chicago, Ferndale, Toronto is also in the United States.Boston, Brooklyn, Philadelphia, Washington, Atlanta, Orlando, Dallas, Los Angeles.Jesus, I'm going to a lot of places.

I don't know half of those.Where the hell is Philadelphia?So.Make sure that you get your tickets for those United States.Links below.In the meantime, my fellow Australians, look at this shit.

Not that you haven't been anyway, because it's just been blaring non -stop.Probably put on my headphones.See, this is the incredible thing.Property investor has weighed in.It is remarkable to me that I have not seen a single first home buyer be interviewed in the press.Not one.

I've seen people that are multi -multi -millionaires giving their opinion on housing.No one that's just trying to buy one house.It's quite scary isn't it?

Dictating this week's federal budget measures will drive a new wave of rental stress.His comments come as the government and opposition fight over who has the better plan for helping young Australians buy a home.

Fired up by a budget that famously puts a full stop on big property tax breaks.

It's an absolute joke.There's no way this isn't going to cause...I mean, come on.This man already is an absolute joke, look at him.It's a young, it's a young John Barillaro.A fucking shirt that says Fugazi on it, Christ!

Alright, let's hear what this genius investor has to say.I want you to notice something when we're going throughout all of this.It is the same point.Every time.

I don't feel bad at all cuz I've got mine I feel bad for the other slimy piece of shit that looks exactly like me that's a little bit younger that was gonna take the place in the Aurora Boris of taking this country down.I really feel sorry for that guy cuz.

Why are you so animated about it that you need to sound the alarms and get a bunch of attention on the press for it then champ?Can you answer me that?Is it really because of this altruistic need for your other fellow leeches?But also on top of this, this is a very important point.During The 2019 election, when they sunk Bill Shorten on this very topic, you know how they did it?It wasn't the investor class that had the numbers to sink them.

In fact, there was a lot of people that owned one or two properties that thought, yeah, actually, fair enough.All right, we'll stop this.The gravy train has to end.What it was, was these guys going to renters and saying, oh, cuz, I'm going to have to raise your rents.If you vote Labor, I'm going to have to raise rents.Do you want your rent raised?

cuz?That's how negative gearing and capital gains was defeated.So they're pulling that exact trick again.So everything, every time is always, oh man, this is a real, this is a real L for renters.That's how they do it.

Capital gains tax changes.Supply is going to dip.We're going to see big rental increases.

We're moving to tax arrangements that are very common in other countries.

The federal housing minister, this week's guest on Seven News podcast, The Issue.

Who's watching that?Me, probably, I'm sad enough to do it.

Treasury modelling says that rents might increase by about $2 a week.We get for that 75 ,000 renters who get to move into home ownership.

Sam Gordon calls Treasury's estimates beer coaster modelling and draws on Hollywood.It's all a fugazi.You know what a fugazi is?Well, fugazi, it's a fake.Yeah, fugazi, fugazi, it's a wasi, it's a wusi, it's a... when describing Treasury's claimed average $2 a week rent rise.

It's the biggest fugazi.I think it's the biggest lie that's ever been told.The government needs...

Incredible.Incredible.First off, they don't let him prattle on because what he's gonna say is utter nonsense.I mean, look at this guy.60, 70 IQ, what are the bets here?This is what I'm saying, and I said it in the previous video, and I'll say it again.

If you are one of these scumbags, you are, first off, you're a reprehensible human being outright.Like, it's just obvious in the way that he presents himself.He just oozes slime, doesn't he?But it's not even that.It's like, you can be such a absolute mouth breather.and do what this man did.

All you need is the capital to get your first house and then you just keep going down the chain like this because it is essentially a welfare system.It is a welfare system for the lowest forms of life like this.This is why they're getting so pissed off, because they're getting cut off, so they're having exactly the same tantrum that you have when, like, if you work in public service and there's some meth head being like, why'd you cut my payments, dog?And it's like, because you've been lying about having five kids for 10 years.That's bullshit, I look after my sister's kids.It's that, but they have money.

This is what is happening in the press right now.But also, I cannot believe that we live in a society that this is remotely acceptable, that you have treasury, treasury!Treasury is about the most dependable numbers that you have.First off, they're actually looking at the numbers.That's the first point.The second point is Treasury modelling doesn't just come out of nowhere.

It is the result of a bunch of inquiries.It is a result of a bunch of bean counters that are like hyper -autistic, sitting around all day, making estimates that put like, you know, every other estimate that you'll see, you'll see all of these property advocacy groups coming out and saying like, I think the rent's gonna go up 10%, bro.And you'll never see anything like their modelling is absolute pub coaster modelling.Treasury, if you are going after Treasury, you have to okay first off just to go after treasury unless you have a phd don't want to hear from you don't want to hear from you because that's who you are up against you are up against that level of economics been counting nerd you are up against people that are highly educated in very specific departments and then you've got this absolute moron with his fucking fugazi shirt and then even said inspired by hollywood inspired by hollywood he's made this shirt that he's trying to sell i i understand why he's doing this now because he's just like all right i'll get into the merch game cuz and i'm such a dumb shit that

I can't even come up with my own merch.I have to steal off a very popular movie that I think is mad.

This is the other thing, like in his mentality, already you can tell from this, Fugazi, he thinks he's clever, which is just, do I really need to comment on that further?But then the other thing is, man, when he watches Wolf of Wall Street, he thinks, oh, sick.Yeah, yeah, I'm like the Wolf of Wall Street, lad.And it's like, you're not, because you're a cheap, dumb -ass grifter.Like, the Wolf of Wall Street guy, first off, there's something admirable about someone that comes up with, like, a scheme like that, you know?I don't mind your christophes cases of the world.

It's like, the things that they came up with to rip off everyday Australians was ingenious, and they kind of deserve their money for it.

And also, it's hilarious for 20 years being like, oh, I've got cancer, I can't go to court.

But this fuck, you know, there is nothing worse in the world than someone who is stupid and evil one of the other one of the other are great Yeah, evil just such an awesome villain.Love it.Barnaby's in that category for instance stupid Well, you know, take your pick in the Senate, that's them.So, it can have its down effects.But yeah, they're usually puppeteered by evil people.But general, like, this, this, the accumulation of both of them.

It's just incredible that the guy with the Fugazi shirt is challenging treasury numbers.And doesn't, either.He just goes like, it's Fugazi, and that's it.Like, he has a fucking slogan from a movie he likes.And the movie he likes shows that he sucks.

Yeah, but that guy isn't.

Nah.No, the treasurer.The treasurer is the salesman, not the fucking guy with 150 properties with the fucking...shirt on that he's trying to sell.

The tax changes.The most significant reforms to tax policy and housing policy that Australia has seen.

They're going to increase rents, build fewer homes and kneecap young Australians.You fucking moron.Man, I always thought that Tim Wilson was somewhat intelligent.He might be, because he's just talking to dumbasses and he's speaking in their language, he's just making them nod with their little ditto points of like, raise rents, not build homes.But other investors that I've watched have given away the game where they say, this will absolutely build more homes because you are incentivizing people to just build by putting negative gearing and capital gains discounts on new builds.on new builds.

What do you think's going to happen?And then this dickhead just comes in.No, I won't.

By taxing their first home deposit when it's invested.

And Tim Lester joins us live from federal parliament.Tim, the Prime Minister has left open the possibility of extending the cut to the fuel excise.

Yes, Angie.In fact, the 26 cents a litre cut to fuel ex...

No, but look, we can talk about the fuel excise another time, as riveting as it is.I've got to say, though, Tim, I can't help but compliment Channel 7 all the time.I just, I like the shittiness of it.What can I say?I fucking hate Channel 9.I always see everybody there as being a bunch of dipshits that have holidays in Aspen and shit.

And then every time I look at this, there's just something about the, something about the font of it.And it just feels more like, I know that a lot of Bogans from Newcastle and Geelong are watching this, you know?Speaking of,now we're getting into the real gold of television.Not the Today Show, the show that comes on after the Today Show, that more or less is nothing but selling vacuum cleaners.In between these two being like, Princess Kate's looking sporting, and she does, she absolutely does, but here you go, here's another Danoz Direct ad that they just played.

What's your overall reaction to the budget?Big vision for Australia or political gamble and loss of trust and what are your YouTube subscribers saying?

Massive gamble and wow, what a loss in trust that we have now in the government.Dude, they all have it.

This is fucking incredible.They all have a fucking shirt where they're just advertising their fucking whatever wares they're selling.They're all seedy marketers.All of them.None of them have an ounce of credibility.It's all just money to them.

That's it.They're really that scene in The Simpsons of the pigs and the cats just scratching each other's backs and eating at the trough of fucking Capitol Hill.

They really have no... thought outside building their own brands and building their own wealth this is all that consumes their minds it's just it's obvious from the fucking shirt we obviously already saw people come out promise the world and they've gone back on it and not in a small way either the very budget that's supposed to help young people i think is going to screw them over how Oh, really?Yes, Al.Do you enlighten us?

How do you think that will happen?

Well, one of the biggest things was negative gearing, right?Albo came out, said, no, we're not making changes to negative gearing.Negative gearing should be viewed as a subsidy for renters because effectively...

Oh, yes.Think of the renters, everybody.What about them?They've been getting it so good under this system, haven't they?Endless increases.

Levels of rent that are just lower than getting a mortgage, just so you think like, fuck, okay, well, you know, every cent counts.I can't even enter the already stacked against me property market.I'm just gonna have to endlessly pay huge amounts of my salary to this fuck.

Taking a loss as a landlord to say, I'm going to provide housing as an investment property and the government's going to help me out with some tax offsets.Now, if you remove that.He's saying it like, OK, just just go back and listen to this.Go back and listen to this.For renters, because effectively you're taking a loss as a landlord to say, I'm going to provide housing as an investment property and the government's going to help me out with some tax offsets.Now, if you remove that.

Really, what he has said is that the government is giving me welfare for my shitty business model that produces nothing.that just creates my own surf.

That I get to go in and say, oh, I don't think that your house was vacuumed well enough.Vacuum it again.After all, this is my investment.Also, I'm increasing the rent $50.Oh yeah, I know I increased it $50 last time.Market's the market.

In his head, he thinks it's noble that he's doing that.

He thinks he is providing a service.by creating his own little miniature, yes my lord, I'll vacuum it again my lord.He thinks that he's doing something good for the economy in that.And also on top of that, he thinks that it is justified, justified.The whole thing is in any other field, every single one of these fucks would have this idea of like, you know, you have to make it out on your own.Nothing's going to happen by yourself.

You have to hustle.And like, dude, I legitimately agree with this, right?Like I am far more of a quote unquote capitalist than these assholes are.Like I genuinely do believe that you should go out there and make something of yourself.and that it is very possible if you have a functional brain.And with this guy, I mean, he's got glasses.

I assume that he's smarter than the other fuck.He could do it.He's just figured out that this is an incredible leech fest.Like he is, look at his little fucking skimpy little face being like, my welfare check.And he's just done it because it's fucking easy.It's just, dude, it's another fucking doll bludger.

That's all they are.They are fucking dole bludgers.But dole bludgers that just inflict tons more misery than the...Well, you know, I've been punched in the head by a couple of meth heads in my time, but...Nah, fuck it.Rent increases are more annoying.

What ends up happening is you have rents push higher or the investors leave the market.And if investors leave the market, there's going to be a small portion of people that can now buy their own home.Great.But for the rest of the people that can't buy a home, now the investor pool has just shrunk.And so now you've got less investment properties, which means less rental properties.And the last time they tried this in 1985, rents went up by a lot.

A lot.And also the lending.

Yeah, but the difference was that they have adjusted for that.And it wasn't even because of that.The reason that negative gearing reduced, and first off, when you talk about rents from fucking 1985 in comparison to now, there was some room for them to go up from that point as well.But the other thing is, we'll go through why they started increasing.It was widely fucking punitive.But on top of this, just these cunts just being like, well, you know what, fuck you.

All right, I'm gonna show you Labor voters what's what.But then the other thing is, Look at this.

Look at this.They've got this like little acknowledgement of, oh my god, only a few people are going to buy houses now.Property investors start to pull out of the market pre -auction.It's already happening.Like, I will admit that I was wrong on this.I thought that this was going to take years.

Years for us to get to this point.And here we are.Already, they're already spooked away.It is already disinvent - incentivized investment.Already.Fucking phenomenal.

So now you're just versing what?Somebody who has an established home that's moving up in the hermit shell.That's who you're versing now.Like, the hermit crab shell, sorry.That's who you're versing now.Before, this fuck.

That's who you're versing.That cunt.Just a bunch of them.All of them in their little 1800s top hat.

Yes, all for Paul.

They're gone already.They've all just into the ether.Scurried under the fucking fridge of Australia like the cockroaches they are.And so now you just have first home buyers versus established buyers.As it should be.as it should be.

Nature is healing already.What are you talking about that it's only going to be this small portion that are going to be able to afford their own homes now?Like yes, obviously over time this is supposed to be a long -term project and this is going to take years for the actual market to correct itself.Decades.Probably decades.But it had to stop at some point.

His argument is to just keep the cancer rotting.Why?Because otherwise they'll just threaten to increase your rents?Look at this.This is why your rent is increasing.This is why I increased rent on 360 Labor voters.

This fuck getting into his Chrysler or whatever the fuck it is.Look at this arsehole.

And then here, they changed the policy, so the market changed.It's, dude, it's mob shit.Market's changed.Demand's gone.It's fucking protection money.So I just followed the market.

That's just how it works.It doesn't just work like that either.I honestly do think that there are a lot of good landlords out there.I mean, my landlord for... the vast majority of my life, very good guy.He could have just kept increasing my rent, but never did.ever.

He gave me extremely cheap rent because he just thought it was an outrage how much I was getting charged.And he was like, you know, I inherited this house.It's bullshit.Like I was just very fortunate like that.I'm sure that there are a bunch of people out there that just had landlords that are just nice people and just wanted like a decent price for it.And then these fucks, every single time that they can, they will increase the rent every time.

And they go, it's not me, it's the market cuz.I will never forget this.Once, I was at the gym, and then this guy comes up to me and starts talking, because he's one of these fucks, but he was just like, they always say this every time, I don't agree with everything you say, but, and that always just means that they're a liberal voter.And they want to, they know that they're wrong deep down, they know they're bad people, that's why they watch.But anyway.He just goes on and on about like, Oh yeah, I've got like 15 properties.

I'm coming in for my 16th property.The other day there was this pensioner that said, Oh, I can't afford the rental increase.And I said, Hey, that's the market.Like, it's like some one liner at the end to just, you know, make this pensioner homeless.No regard for anyone at all.Just themselves.

That's it.truly awful human being.Look at this cunt.360 houses, and then this is what he comes out and does.He's absolutely saying this.Because Labor fucked with my business model, where I'm this obscenely wealthy that I'm just showing up.

It's incredible that at the same time, as turning themselves into victims.They just can't help but flash their wealth every time.They always just have to talk about how many fucking properties they have.Look at my sick car.Also, I'm a massive victim.All these 360 people that make my existence and my car.

Nah, nah.I'm going to teach them a lesson.Sick.That's why rents go up, by the way.See, we've got no choice.You did this to yourself, Australia.

This is them trying to relate to their audience.This is three massive property investors.Well, I don't know about the other chick, but then again, I can't ever remember her name.She's been on television for 15 years, and it's always just like, hey, it's Larry and you.Absolutely sure she's got investment properties, but Larry is a property mogul, and then this fuck's a property mogul, and it's just three property investors whinging.Two, probably a bunch of pensioners.

that do not have property.

What about the like young people who sometimes buy maybe a lesser apartment just as a way of getting a foothold still in with mum and dad but try and get their foot in the market so therefore there are no incentives for them now?

Yeah correct.Oh no no they can't become leeches too.See this is how they think.They seriously think that this is a good point.Oh you know they're living with mum and dad but their aspiration in life their Australian dream is have their own surfs.What about those forgotten Australians?

What about the gentry class, the aspirational gentry class?What about those cunts?Not once ever do they think even remotely empathetically about one, the renters, one, people trying to get into the property market.Not even empathetically in the sense of just like, oh, they're the true down and out victims.And cause like, you know, I do think that there is a lot of whinging from their end.Right up until this moment, how often did you see all of the press endlessly complain, Oh, wealth inequality is getting worse.

Oh, housing is getting more expensive.It's the government's fault.It's getting more expensive.And then the government does something on it.And then it's just like, Oh my God, they've destroyed the Australian dream.They immediately flip because it's just, it was so cynical.

The fact that they were even showing this in the first place, it was purely, did you notice this?I swear to God.According to the press, there was no housing issue until Labor got in.It's always the same.Until Labor gets in, there's no issues.And then as soon as Labor's in, there's issues.

And then as soon as Labor addresses those issues, they've destroyed the country.It's the routine pattern every time.

I mean, why would they go ahead and do something where they're going to lose all this money and still not get further ahead?Now, obviously with the negative...

Yes, why would they?Why would they do that?That's the entire, he's just explained incentives right there.Why would they do that?Now they're gonna have to actually use their brain and start up a business of which there was huge tax incentives to do so.They're gonna have to actually do something of value now.

Oh no, Mr. Leach, what a terrible, what a terrible future they've created.

gearing changes, yes, you get an upfront benefit, which is how it was.Under the new system, it's just you're carrying forward the loss.So it's not all doom and gloom for young investors to go out there and build a portfolio, but it became so much harder overnight.

The government says more money will now flow towards new builds.The question is, will this help bring prices down?Can you see that at all?It's kind of confusing.There's like left hand, right hand going.

Well, if you think how the fuck is that confusing?I honestly do think that Larry's a smart guy.I don't think that he's like Karl Stefanovic where he genuinely doesn't understand this.I think that this guy does understand it.and they've all moved into this, like, I mean, like, I just, this whole economics thing doesn't work, you know, like, it's just on one hand, but on the other, that's all he did.

He just went, that was his point.Let's see the problem.About new builds, usually you'll have approvals and then completion.So 12 to 18 months after it's approved, it gets completed.Now, the issue is that if you're now going and saying that all of these incentives are going to be for new builds, it'd be similar to buying a new car.The moment you buy that new car, it depreciates.

Because now all these people are going to go, I get all these benefits by buying a new property.But guess what, if I now sell that new property to you, it's an established property means you don't get the negative gearing benefit.See, look at this.

It's so weird how they don't understand what they are saying.Like, truly, these people are so deluded that they think that they're good people providing a service to society.He has just explained the inherent evil nature of negative gearing and capital gains, which is that they have turned the place that people live, this is all they see housing as, they see it as an asset, that's all.It's not a place where people live, it's not a place where people have cherished memories and raise a family, nah, it's just another piece of paper like a stock that you just pass on to the next one like a fucking value increase trading baseball card or some shit.That's how they look at housing.There is no empathy for you renters.

On top of that, they're lying.They really have nothing except, if your rent goes up, it is because your landlord is an arsehole that was going to do it anyway, and now they're just blaming the Labor government.I really want you to understand that.Like they have been doing for the last five years, every single time they can increase the rent, they will increase the rent.Now they've got the added bonus of making a political point while doing it.That's all that's happening there.

But this fuck is actually - he just gave the game away.They are stopping that, numbnuts.It's not supposed to be traded on.to someone else to trade on ad infinitum just passing up money that just perpetually is supposed to just keep increasing as more and more money gets sucked out of the economy into a completely useless asset it does fuck nothing for society it just creates an underclass and it does it by the exact way that this guy is talking about and he thinks that's noble what a fucked man

So suddenly you're losing value.You're paying so much more for a, you know, an inferior location and some would say an inferior product as well.

Yeah.And very hard in the big cities to build something new unless you are like maybe two hours commute.

Oh no, now they're not going to increase the glut in already overpopulated cities where you need to start decentralizing and moving into rural hubs.No, no, it's going to solve two problems at once.Fuck!They're destroying Australia!

...from the city centre because there's no land.

Yeah, correct.But none of this demographic's talking about buying land and building a new house.That's not the discussion, right?

No, exactly.And if you go ahead and do, say, an off -the -plan apartment or house -on -land package, it's usually in areas, as you mentioned, that are very far from anywhere that people actually want to live.

This is why I hate the press so much.Rich cunts complaining about how they feel slighted.That's the entire press.Just rich cunts complaining.Yeah, people don't want to live two hours away from their work.But people do.

People that aren't as slimy as you.People that didn't have the same advantages as you.They get up every day and they make the commute.And they go usually on a bunch of privatised roads where they get slog probably fucking $200 a week to do it out of their fucking 1 ,200 paycheck.200 of it just goes into that.And then they go back to their little shitbox Macca's house, and that's life for most people.

And the reason that life is like that, widely, is because of you pricks.And they're kind of just like, oh, who wants to live there?I want to buy investment properties in Randwick.now I can't buy investment properties in Randwick and increase the price in areas that are already extremely overvalued in this endless shell game that has to end at some point anyway.He doesn't understand that not only is this extremely unproductive for the economy, this is the original sin in a lot of Western nations.The decline of the West, there's many

reasons, but one of the main, main reasons is this kind of shit.Just starting up a useless asset like this that just spins out and out of control, and then all of the money goes into things that are completely unproductive.And the Albanese government just fixed that.And these cunts are angry because now they're actually going to have to use their brain to make money.

It's just incredible.It is incredible.I don't think she knows what a train is.

It's remarkable.It's really just like if the French court was televised and sitting on really drab, ugly couches.I don't know how anybody under $200 ,000 a year.First off, if you're on $200 ,000 a year, why the fuck would you be watching this?But secondly, if you're on, like, if you're just, I'm telling you, most people that watch this show would be on the pension.How the fuck do you stand it?

Naturally, we have to go with the meme, don't we?This was just perfect.Retiree accused federal labor of targeting older Australians with a budget tax grab.Bob Conkey.You gotta love him.I actually genuinely love Bob now.

He's such a, he's, that is gonna go down in the ages.Won't someone please think of the guy that owns a fucking Porsche?Bob Conkey worked all his life so he and his wife could enjoy a comfortable retirement.Oh, I'm sure he did.Every pensioner I know has that lifestyle.and none of them worked.

Now the Hunter Valley based couple, like so many others, feel they have been punished in the name of intergenerational fairness.

In the name.

I liked it when it was intergenerationally unfair.They're robbing the older generation.people like me, and they're making it tougher for us in terms of taxes, Mr Konke said.But they're not robbing you at all, fuckhead.Not at all.They are grandfathered in to suit grandfathers like you.

I've been very fortunate.I've got a home in the Hunter Valley, an investment property in Shirey Hills.

They can't help.They cannot help.It's always the same template.I'm rich.I'm killing it in life.I'm so awesome.

I just feel really sorry for my peasants that keep me rich.It hasn't always been easy.And now they're robbing Peter to pay Paul.I think that this is a big tell.in life.Anybody that ever uses the argument they're robbing Peter to pay Paul, regardless of what the circumstance is.

It doesn't matter if it's environmental policy, it doesn't matter if it's industry, it doesn't matter if it's these fucks.They do not have a point if they use that.It's always, always used when they're just trying to say, I feel personally slighted.In a federal budget squarely aimed at younger voters, the government has moved to rein in tax breaks and property investment in an attempt to address housing affordability and improve intergenerational equality.The combination of capital gains, tax discounts and negative gearing have made property a lucrative investment in recent decades, with prices around the country turbocharging in the post -COVID years, pushing home ownership out of reach for those not yet on the property ladder.Mr Konke79 said he understood young people today have a huge mountain to climb in order to get ahead, but targeting retirees was not the answer.

Yeah, and that's why they didn't do it.Now, there is one thing that I will give this guy again.He's got dementia, so he doesn't understand this, but I do think that it genuinely would be unfair if the Labour Party did what the Greens keep saying, like, it didn't go far enough when they say, just go in and seize everyone's assets.Go back and say, nah, we changed it.That is not how society should ever function, ever.You should not retroactively punish people.

That is so bad for many, many reasons.But the main reason being, if you just want to take away the factthat it's just clearly immoral, that would completely fuck a bunch of people's retirement, like entire generations of people's retirement.That actually is unfair.The current government is simply looking at ways and means of increasing revenue.

Always, it's revenue raising, that's all it is.

Yes.That's all it is.It's all a conspiracy to get you, Bob.That in itself isn't necessarily a bad thing, but their prime targets are people like me, and it bothers me. I'm sure it would bother you, wouldn't it?But it's just incredible, like I'm telling you.Every single one of these people have such a selfish, inwardly focused view of the world.

It's all just about them.Massive changes across the economy is about them.And then as soon as you say, what about literally everybody else in the country?

They'll just be like, yeah, I get it.Anyway, back to me.

Of course, everyone should be involved in paying taxes, but this government, they're raising money while spending so much.

Not true.

This is one of the lowest taxing governments in recent history.What they should be doing is reining in public spending.Oh, of course, every time.You know what you should do?Instead of not continuing on with this incredible suck on the economy, you know what you should do instead?Make sure that there's future generations of cunts like me.

You know what you should do instead?Just cut hospital funding.Why not?Education?Who needs an education?

You know what you need?Property.That's what you need, property.

The public service gets bigger and bigger and becomes more unresponsive to the needs of the people with all the red tape and they don't care.Just do.I genuinely think none of these people understand how they're rich.It's so obvious in their heads because, again, this is their center link.This is their center link.They are coming up just being like, I'm old.

Gimme, gimme, gimme.So obviously they don't understand the mechanics behind this.They've never thought about it once in their life.They are rich and don't deserve to be rich at the expense of other people.And so what the fuck gives you any, any inclination in your head that this guy or the fucking Fugazi guy's shirt, what understanding do you think that they have of government?Do you think they have any?

They're telling you what their understanding of government is.

Their understanding of government is, yay, I made all this money.Oh, what?I owe money back.That's all I...It doesn't do anything.I pay for private health care.

I don't have to pay for Medicare.

How good is this as well?They always bring out some slime bucket, like a fucking fund manager, Jeff Wilson, who's warned that the changes will actually hurt the very demographic the government is trying to keep on site.This isn't reform.It's a direct assault on aspiration.Every time.It's always the Australian dream.

Isn't this incredible?The Australian dream used to be to own your own home.Now they have remodeled that into the Australian dream being a landlord.That's the Australian dream now.That's aspiration in this country.Isn't it sick?

Risk -taking?No, they have absolutely not.In fact, they have incentivized risk -taking massively.They have put in all sorts of concessions for small businesses, startups, venture capital, all the things that is actual risk -taking, that is actually like, I have an idea for a better business.They have incentivized that massively in this budget.We'll talk about it later.

But it's, it's just pure lies.It's pure lies.What they have disincentivised is fat swill laziness.Very smart, but it's really, really concerning that we are now getting to the point that the news is now bragging about the fact that there is an AI clearly astroturfed campaign going around Instagram.Albanese mocked by AI generate images welcoming him as a silent partner of his.business after 47 % capital gains tax.

Have you seen it?Just go on Instagram, it's all these fuckheads, always just like some investor bro, always some guy just, always the same thing.Like, I've got $350 million in assets, and like, I feel bad, like, it's always that, and then they've always just got some shitty AI image of Albanese that doesn't look anything like fucking Albanese, and then they're always just like, this is my new partner for my 47 % on my business cards, which is just so stupid, because it's like, I really don't think that most of those people understand what is going on there.Like the capital gains happens after you sell your business.Most small business owners will never sell their business.And if they do sell their business as a small business owner, there is all sorts of exemptions cut out for them for these changes to not affect them.

It is just these cunts that have huge inordinate amounts of money that are pissed off because they just turned businesses into this thing that they flip.They don't care if it actually generates any actual product of use to society.It's all just another piece of paper portfolio that they flip around and they're pissed off at that.Look, here it is, just a real estate agent with a shitty AI degenerate image of like, I don't know, I feel like that that's like the finance guy from the ABC more than it is Anthony Albanese.And then he's being like, look, look.

my little shitty job where I go around and open doors for people.I work so hard.Every time I always go in and I go, this place is a mess.You have to hire a cleaner.I'm not going to pay for the cleaner.I'm going to charge.

But I have to write the invoice because you don't understand.

That guy is just there being like, I work so hard.Now he's taking away my business.But it's like, do you think that this guy's ever going to sell his fucking first?Like, he's a franchise owner for fuck's sake.You're already in like, you've changed yourself to slavery, sir.But do you think that you're going to sell that shit?

Unless you're buying a McDonald's, franchise is a scam.There, I said it.Holy fuck, this is incredible.This is the chick that set up Boost.Juice, which thank you very much, they are lovely juicers.But I've talked to people that have heard her speak before and every single one of them says, it's like if corporate Australia had a face.

So she is the best person that you could possibly have as the bastion.of those landlords that refuse to take this facing down.Give us our freedom or give us death.Like she is the perfect Joan of Arc to lead the charge.She really is.And let's hear her rousing speech to rouse up the troops.

Her Queen Elizabeth.Let's stop the Spanish from invading us.

Hi, it's Janine here.Hi Janine.I just want to give a direct message to Anthony Albanese.

in my luxury car.I wonder what it's going to be.

This isn't a slagging match.I actually respect the office of the Prime Minister and I do not envy your job.It would be a very, very hard, difficult job.I do want to address some of your comments that you made in the press.You spoke about how much, yes, you understand the capital gains tax is pretty heavy, but you're giving us all these other benefits.The benefits are dropping the ocean.

One of the key ones you keep talking about is this $20 ,000 benefit.It's not a benefit.It's a timing issue.You still pay exactly the same amount of tax.It's just you do it, you just be able to claim it earlier.

So the - That's not true.That is absolutely not true.It's an asset write off.What the fuck are you talking about?There's so many things in that budget, including like doubling the amount of venture capital that someone can put in with all of these tax exemptions.that you can claim, right?

So like, if you are a venture capitalist, and you are looking at a business before I think it was like $250 million where people would be like,yeah, that's a fledgling business that you can start up and you'll get a bunch of concessions from the government and help and assistance to do that.They've just doubled that to, well, nearly doubled it to like $480 million.There is a bunch of asset write -offs for small business and emerging startups that did not exist before this.And the reason that they are doing this is not to help out cunts like Janine.Janine has done very well in life.

I'll give her some...Sorry for calling you a card.I've just, because I've just been saying it so much before.I mean, counters in like Aussie, just like, yeah, you're a good counter.Right.But you know, she started up Boost Juice.

There is some level of innovation in that.That is a service that people clearly want.I mean, I think that most of it just comes from her background in radio and understanding that there's markets and that the health food craze was going gangbusters when she started out Boost Juice.I think it's more marketing than it is innovation, but there's some level of innovation in that.She would not be saying this when she started out Boost Juice.She would not be saying this.

She would be saying the exact opposite.She would be looking at this budget and going, incredible.But now she's at the point where she just flips businesses like they're pieces of paper.Now she's at the point that she has an investment portfolio property, property portfolio.This is her view now.It's just greed.

The benefit isn't really that great a benefit.

Yeah, for you, for you.If you are starting up as a startup, tell me it's not.And every time that I say that, there's going to be people in the comments being like, yeah bro, I've started up and like, I don't think it's that good of a benefit.Cause why?Oh, my dad gave me like a $10 million small loan.It's always going to be people like that, but people that are genuinely, literally pulling themselves up from their own bootstraps.

You tell me that that budget was a bad thing.That budget is, this is what's so exciting about what's happening with this budget.All of that useless, look, you wanna be honest one -to -one here?Capital gains and negative gearing, yes, obviously it is a great evil on this society, but I always hated the press and all the whinges on Reddit that were always being like, oh, gutless, Albeniz is gutless, he's not doing what I want him to do, because everything, you can tell that they are well off.They are pissed off, Because they don't have the inclination to be one of these investor leeches, but they probably are from a private school anyway.They just grew up in Leichhardt or something like that, and they just want to work on Arch.

Why can't I work on Arch and live in Leichhardt?They're just pissed off that they can't live in the same suburb as their parents.That's what was really driving the Guardian side of, oh, the houses are so expensive.Because first off, they'd always interview people that were looking for a house in fucking Glebe or Coogee or something.But also on top of that, like, if you were poor, the previous actions that the Albanese government put in place in the last election, which was help to buy, help to rent, 5 % deposit minimum guarantee, and of course, half, all of those things were very, very important to the underclass, very important to working people.This is why that same type of reddit -a -piece -of -shit was always shitting on Help To Buy.

It's because they didn't qualify for it.It's just varying degrees of selfishness down the ladder.It's very easy to make fun of these people because they're so wealthy and they have that selfish mindset, but there's a lot of poor people out there that are just as selfish.No one actually cares about the national interest.No one cares that what the Ebenezer government did in the first term was address those that were literally most in need.And you can tell what a scummy organization the Greens are because they blocked all of it.

They blocked all of it for years.purely to make a point about nothing's getting done by housing.Yes, because you're blocking it.So they could go out in the press and say, nothing's getting done on housing.And then they could turn around and shit on those programs.And the reason they could shit on those programs is because their demographic is just the cheeseboard platter brigade.

It's all the people that live in the inner city.It's all those pieces of shit that those changes would not help them at all to get a house and good.and good.I'm glad that they are miserable.They are awful human beings as well.It's just a different type of awful person.

The point I'm trying to make is that this budget did something that is truly remarkable, truly revolutionary, in that all of that dead money that was getting sucked out of the economy I think this was years ago.I can't even remember off the top of my head what the number is, but I think there was a point.And this was before like the huge price increases in COVID.But I think it was like one in every $5 was tied up in property in this country.One in every five.Everything else in the economy went into that.

So what, like agriculture, industry, healthcare, huge, huge industries.That was all vying up for the other 80 % and the rest of that, one in every $5 was just chucked into something that does absolutely nothing except create misery, except create a distorted economy that is constantly degrading and becoming more and more stagnant because that money isn't getting moved around.What they're angry at is that now that they have established their business and they want to sell their business and flip their business, They're angry that the capital gains taxes increase and they might have to give something back to the country that has made it possible for them to do that, so that you can create more businesses.They have done the right thing, which is help you at the beginning of you starting up a business.And if you do want to sell your business, if you get to that obscene level of wealth, where you actually think I'm going to sell my business, which is just not even in the remit.I've seen so many hairdressers talking about like, oh no, she owes 50 % of my property.

You are never going to sell your hairdressing business, love.You're never going to sell it.Always complaining about, I work so hard and now the government, what do you do all day?You bitch about women's husbands for like 10 hours a day.That's your job.Cutting and being like, is that nice?

And then the woman goes like, I guess so.And then never comes back again.Like that's your job.That's your job.You really think that it's that fucking difficult?Honestly, like just the ego that people have because they're so stuck inside their own heads.

It's truly, this is something I actually do think is like a real practice that you should do in day -to -day life.I really think that you should just walk around and look at all the fucking infrastructure in this country and think, The government built all of that.Like, you go out, you look at the roads, you look at the sewer pipes, you look at the lighting, you look at the fact that places are zoned correctly.You go out, because it could be very much just like New Delhi, where it's just like, you put in shop...It could be like that.It could be absolutely fucked.

Just open sewers everywhere, you know?Like, you walk into your own building and there is a bunch of standards in there because of the government.That all costs money.There is a reason that this place is one of the best places on earth, and it is because we have a government that functions.And they feel like they have to give nothing back to that.They feel absolutely outraged that a country like that, that has afforded the infrastructure for their business to grow in the first place, but also given wages to people that they can actually afford your fucking overinflated $15 fucking juices.

innovation, my ass.What have you innovated in the last 15 years, love?Every time I go there, it's the same juices.They'll just be like, you now with coffee and then it goes away and then they come out likenew, now, it tastes like bubble gum.It's not even innovation.

It's just stealing what McDonald's does and Pizza Hut, where they're like, we've got another fucked idea to put something in the crash.That's it.It's just like, add infimitum on a rotation.That's the business model.But what is happening now is the government has done exactly what they were trying to do in the 80s, which is incentivize innovation in the economy.incentivize people with good ideas to have a go.

Truly, like absolutely what you should be doing, especially in a day and age where we are up against competitors like your China's, like your Singapore's, where their economies are much more geared to be competitive.Like the real sin of all of this, honestly, the real sin of all of this was what it did to the Australian economy.was that it was putting us in the same hand basket as the rest of the Western nations that are on the decline because of shit like this, where they deliberately set up these programs, and it is stagnating their economies, and then you have properly run East Asian countries that are on the rise exponentially, and it's because they have set up their economies to reward innovation.This is the big point of the budget.This is what is truly exciting about it.They have incentivized this beginning of a business, and they have punished the end of the business.

That's the way it should be.Before it was punishing the beginning of the business, so that you would have these fucks that could just be like, you know, with their own little friends could go in and stuff, and then just make it easy as fuck.After you've just like, first off, gone in because you're part of an elite little club to begin with, to start up your business.After all of that, hey, on the taxpayer, on the Australian public, have even more of the profit.Have even more of it.This is the right way to do it, which is like, okay, now that we have given you all of that, it's time for you to pay back the country that gave you the conditions to start up the business in the first place.

so we can start up more businesses.

The other one is that whole view on, you know, as Australians, you want to be able to go, okay, I worked really hard.I've taken my small business to a big business or a medium -sized business even, and even in a medium -sized business, often you're not making much money.

It's just fucking incredible, right?Like, said in a luxury car.In a luxury car.Oh, think of the medium business people.If you are running a medium business, unless you are leveraging yourself out the wazoo to turn it into a big business, which I suppose is exactly what they're doing, and that's just inspired purely by greed, but you could absolutely be running a medium -sized business and be very fucking well off as in a multi multi multi millionaire.Multi multi.

It's infuriating, isn't it?And it's all just about them.I work so hard, me.It's never just about like the circumstances around you that made your life possible.I can guarantee you, if society was kept in the stagnation that it was without Keating's reforms in the 80s, no one would have the money for your fucking juices in the first place.No one would have the money.

And you know what?That's when capital gains and negative gearing was set the way they were.I mean, obviously they had to repeal negative gearing, but capital gains, which is the big, big one that was set up by Keating, and you had the most spurt in business growth in Australian history.Why?Because the rest of the economic conditions were set up to inspire innovation instead of the lazy stagnation that we had before, which was just not even this stuff, but it was mostly to do with just a bunch of the big, full, lazy -ass banks that had no competition at all.There's a bunch of reasons.

We've got a video coming out about it later.But that is what happens when you get a Labor government in.Again, it's the classic Paul Keating quote, Labor expands markets,liberals expand monopolies, and that's what she's whining about.That's what she's whining about, that her monopoly has to take a hit, even though she is so wealthy that her wealth has just become abstract at this point.She would never go wanting for anything in her fucking life, ever.

And meanwhile, she's saying, get rid of this.See, just the delusion.Yes, because I was lucky on the rise up on the healthcare thing.And look, I don't want to go into those arguments because I really hate the other side of the argument as well of, again, like Reddit loser argument, doomer shit of like, anyone who says that you can go out and make something of yourself is a scam.It's like, yes, yes, listen to the fuck.that is so self -conscious that they can't even put their name to their words and is a loser that sits around chronically online all day.

They understand life.No, I truly do mean this.I honestly think that like, you know, you can even see entrepreneurship in North Korea, for Christ's sakes, right?Like everywhere across the world, if you have a dream, you can go out and get it, kids.Don't listen to them.But I also genuinely do think that In a country like Australia, they have made that remarkably easy.

We are one of the best countries in the world to do business.By the numbers.And then they're complaining about it.And those conditions that are set up that way.And so that they can set up other businesses that are going to create more employers, that are going to make more customers for your fucking juice.Like, nah.

Don't know any of them.I worked hard because I just live in my own little bubble every day and I go in and I go like, I think we should make the booth sign, like, green.Look, I don't want to take it away from her as well because, like, to get to where she is, yeah, obviously, like with everyone else, there's always just some technological or shift of consciousness and so you can ride the wave.But I'm sure that there was other people that were riding the wave and she did do that.But it's just so insular, the view, isn't it?I worked hard.

Society did nothing to help me.It was all me.

What incentive do I have to actually grow my business?

See, what incentive do I have?The same incentive that you had in the 80s.The longest spurt of growth in business in Australia.Like, you can accredit all of the jobs that, sorry, all of the small businesses that grew under the Howard era and under the, litany of fucking Howard lights that we had after that, not including Kevin Rudd and Julia Gillard, obviously, but you know, just the other try hard like your Tony Abbott's and your Malcolm's and all that.All of that was because of Paul Keating and Bob Hawke, all of it, because those incentives didn't change apart from capital gains, like every single other one of those business incentives that they kept in place, the really big changes that structurally changed the economy that made it possible for you to do that in the first place.Again, You could not do this in the 80s.

It was really, really hard to, as these people are saying, have aspiration.Just by her accent, again, you can tell private school, for sure.I bet my life she went to a private school.She would have been fine.But all of those people in the working class that had a dream that said, I can start up my own gyms, mowing, or whatever it is, those people were completely locked out of starting up a business.It was because of Paul Keating and Bob Hawkes changes that that happened.

And they're complaining now, saying, what hope do I have?What hope do I have?What hope does anyone really have of starting, of getting into like a big business?Seriously, like the amount of leverage that you need to command.There's very few people that ever have to worry about that, I can assure you.Most people never have to worry about, is it time for me to flip my big business?

They will never get to that stage.If you are on a small business and you want to get out, like even when it comes to retirement, if it's earning a certain amount of money, if you've done it before,span of three 15 years, I think it is there's so many carve outs for small businesses that aren't affected by these changes in capital gains, or they offset in some way.And she's complaining about think of the medium and small business owners.Now again, I don't, I am not one of these people that just discourages people from going out there and having a go and whatever.And yes, I genuinely do think that if you build a business from medium to big, from small, that is because you are doing something remarkable.

It is because you have identified something that other people don't.I'm never going to take that away from people like all of these like dickheads on Reddit of just like, you can't like, like it's never the owner, my bro.It's like, no, it absolutely is.It absolutely is.Like they are putting their blood, sweat and tears into it.But I will say to those people at the same time, when I acknowledge that, yes, you do work hard, can you give something back?

Can you not be so fucking selfish that you get to a level like this where you will never, ever have to worry about a single bill in your life ever?Like so, like unbelievably cushioned from that reality.And yet you feel like a victim.Like, honestly, I truly do think this.I think this with my own business.I think the reason that you should get into business is purely to serve the community.

This person thinks you should get into business to serve yourself.

It's really important that we go back to what the core of what makes Australians Australians, that person having hope.You know, I have a hope to be able to have my own business.I have a hope to have some properties that I can negatively gear that don't have to be here.Oh my god!Fuck!

Oh, it's so great.

First off, that's the American dream.That is absolutely the American dream.The American dream, if you could go out there and get it, Shannon.You can start your own business from nothing.That's all American bullshit.She doesn't live in this country.

The Australian dream was always to own your own house, build a deck out the front of it, retire on your fucking deck that you built and be like, yeah, life's solved.That is the Australian dream.What the fuck is it?My dream is to become a filthy landlord leech.with an underclass that serves my wealth.Let me tell you something.

One of my friends started dating a nurse.I remember him telling me about a day where that woman had to not only announce to a newborn parenting couple that their baby had died, she then had to ask them, can we take out your dead baby's heart and put it in this other baby that is dying?That was just a random Tuesday for that woman.Talk about a hard job.Does she own a house?Does she ever have the dream of negatively gearing other houses?

You think she doesn't work hard?I can guarantee you her life is a hell of a lot worse than hers.So much worse.And provides a sincere service to society.Saved a baby that day.Her entire life seems to be Frankensteining babies.

And occasionally that monotony is broken up by being punched in the face by a meth head that walks into the hospital.You don't think that that's hard work?You think that she's gonna negatively gear on her fucking salary?This is what's so evil about these people.They cannot imagine outside of themselves or their circle.It's just a bunch of investors whinging about investment conditions.

They never think about, ever.They never, they probably never even address them because they usually have a real estate agent that deals with the person going, I can't afford my rent.And they'll go, sorry, that's all right.Well, we had an agreement, bye.You know, they never even have to look them in the face while they're looking at a single mother Begging them to be a little lenient on the payment.They don't even they've outsourced that that's how fucking rich they are They get the real estate agent to do that shit They are so removed from the people that are holding them up the people that are negatively gearing them Which is that woman that woman rents as you wouldn't be alone.

That would be every fucking nurse in this country would have an Unbelievably awful job don't envy them at all.I just can't imagine it like I I really don't understand how people out there don't realize that Most people, again, no sympathy at all for the people that were just whinging about negative gearing and capital gains because they want to live in Leichhardt.I fucking hate those people massively.Because they don't think about those people either.They don't ever think about the working class.Like the entire conversation has just been about the investor class.

When it wasn't, and then they were whinging about it, it was just about the shitty middle class complaining about how they can't afford to live in their parents' suburb.They never ever thought, ever, I rarely, rarely ever heard stories from a fucking nurse.Never heard stories from a garbo.Never heard stories from a factory worker.Never heard stories, because you know why?You know why?

Because they don't have the fucking time to sit around a bitch on Instagram.They don't have the fucking time.Like right now, that woman is sewing a baby heart into another baby.That's what she's fucking doing right now.While she's whinging about her investment portfolio.It's just sermon pastor bullshit.

It's Hillsong stuff.

No!

That's the true unfairness!The true unfairness is you got rid of hope for the shitty private schoolers that don't actually add anything to the economy.They got rid of that hope.

Yeah, and they gave hope to the working class that one day they'll be able to own the smallest bit of dignity, which is a fucking house.

What I do understand, Anthony, is that I know you'd want a legacy.I know you want a legacy in the history books of being this great Prime Minister.

Or Anthony Aberdeenshire.The only thing that is sparing on a guy that grew up in Housing Commission, the only thing that is sparing on that guy is building his legacy.Not helping out those people that are struggling that you don't even have the capacity to imagine.That doesn't factor in at all.It's just, hmm, I'm going to have a statue of myself at the end of all this.Fuck yeah.

That has done great things.And the issue I have is that what you've put in place here, it is long term benefits is what will come to play, which means you may not even be in office.

I know you want a legacy.But doing things that will far outlive you, it's not the way to build a legacy, Anthony.But you want to have the positive headlines now, don't you?That's a legacy.That's what Scott Morrison did.Just played for cheap headlines in the murder press.

Look at him.Look at how often people talk about him.

So it's the unintended consequences of what's in play.So for example AI is hitting us right?Unemployment is going to be really...

You know the other thing that all these people are just so pissed off about when it comes to AI?They were never ever pissed off about like outsourcing.Never.As they shouldn't be either.Like honestly, outsourcing has rapidly improved our society, massively.It has given us access to a level of wealth that we never had.

And I'm talking everyone from the working class all the way up to her, right?So they always hear that argument in the 80s of like, oh, they moved all the factories overseas.Yeah, and they replaced them with service jobs.Like the level of unemployment in this country has routinely stayed down ever since.It is just wishful thinking for a bygone era that never existed.There's just this like idea in people's head of like, yeah, I would have really liked to work in a smelter and have my arm burn off.

No, you wouldn't.Anyway, the point is that when they say things like this, we'll go back and play it again.

So for example, AI is hitting us, right?

The only reason that they care about AI is because the people that she does interact with, which would be, I don't know, like her EA, the people that she works out with that aren't, like, not well -off, would just be a bunch of, you know, like boss babes in her table of boss babes, and they'd all just talk about, like, I'm just printing my portfolio and all that, and that's why she thinks that Hope is Dash, because she's like, I have more properties than Chazelle.Chazelle now doesn't, she doesn't have the same opportunity to build like I do.Poor Chazelle.But yeah, now the middle class is freaking out because the same thing that happened to the working class, where there's just going to be major disruptions, is going to happen to them.And that's why all of a sudden they give a shit about AI.They care that now things like accounting, things like paralegal

all that kind of stuff, like middle class jobs, they are getting affected by this.And so all of a sudden, like the world's falling in.But this happened to the working class before, it usually does hit the working class hardest.And now this is one of the rare opportunities in human history where it looks like, no, actually, you know, being a builder or something is going to fare out better than their jobs.And so now all of a sudden, like, we have to do something, we have to have intervention in the economy.

So for example, AI is hitting us, right?Unemployment is going to be really stretched with people losing jobs.Then you put in this capital gains tax, which disincentivises businesses to come here, which...

No, it doesn't.No, it doesn't.The amount of incentives, if you were starting out a business again, and this comes across the entire spectrum of, like, she's just so stupid.It's all just like dumbass theories in her head.YouTube slop.Go look at South Australia.

Go look at South Australia.You want to see how labor leads you into the 21st century?That's it right there.Like the amount of money that is going to be pumped into all sorts of things, like innovations for the future, like in terms of green tech, in terms of data centers, in terms of all of the jobs that are going to be replacing these jobs, which is going to have to be like interacting with AI, right?Like labor is absolutely leading the charge on that in the developed world.This is just an indisputable fact.

And the budget, if she understood any of it, would be proof of it.It would be indisputable proof that they are seriously thinking about this because it's a workers party.They think about workers and they think this is what's coming up in the future.This is what the economy is going to have to look like.It's going to have to be green.It's going to have to be highly technological.

It's going to have to be computerised.And those are all the things that the Albanese government is incentivising.What is really, really shameful about all of this is all you ever hear endlessly in the media is non -stop bitching.Non -stop, oh, the future's going to be awful.Oh, that decision was awful.And it's just like, the exact opposite is true.

Like policymakers, their job is to actually think about society as opposed to fucking what flavor of juice am I going to introduce this month.They think, this is why she has that kind of...Because after a while when you get this wealthy, I'm telling you now, you get so removed from problem -solving that your brain just starts to atrophy.Unless you keep it active, like you're Warren Buffett or something like that, that sits around and his job as an actual investor is to go through every American business and think, does this have a future, you know?Policymakers, on the other hand, are thinking about these things.and they have implemented policies that you want proof in the pudding that it works.

Go look at South Australia and the fact that every single budget they think, okay, we're going to have to spend more money this budget.Oh my God, we've still got more money than we expected.That's what happens when you keep Labor in power for a long term so that they can actually implement these policies.And what she wants is exactly the same kind of curse that would have happened in the 80s if the Labor Party was taken out and replaced with the Liberals, which is just keep us in this sad 70s stagnation just to keep her happy.And I guarantee you right now, purely just on the trade alone that they started developing with Asia, she would not have a business.She would not have a business.

This country would be too poor to afford luxury juice.

Which means that...

As a franchise.

There's going to be less people wanting, even having jobs available.And people aren't going to want to invest into a country that has these type of taxes.

Yes, they will.Because they have made the start up...Fuck me.up a business just got a whole lot easier under this budget.It is easy under Albanese.The entire point is to incentivize investment into the country and to disincentivize lazy ass money like yours.

You pay taxes as businesses.There is so many taxes you pay, right?So many.Yes.Yes.Also on the exit.

Yes.I can't hold this argument.Yes, I understand that there's a bunch of taxes that you pay when you run a business.That's absolutely true.But you know what else is true?The tax system is generally fairly progressive.

It's not this immediate slug of, oh, you run a fish and chip shop, you have to pay the same amount of tax as she does.I mean, first off, she would have genius accountants working for her that would just minimise her tax to the point that it's borderline illegal, I can guarantee you.I really just don't know what to say about this, right?It's like, yes, they want to slog you on the exit, They want to help you on the entry.They have helped so many businesses in this country start up with this budget.They've reduced taxes like that massively.

They've created all sorts of programs and assistance for you to start a business because they're actually interested in the nation.They're not interested in your portfolio.This is all it is, this whole time, is her whining about her portfolio.I really can't get over this.I'm telling you, this is the problem with democracy and democracies across the world.will continue to flatline and continue to degrade.

And it's because the population, as you can see from Instagram, is so unbelievably narcissistic now.They really think that the government is there to help them personally, no matter how rich you get.And honestly, I just...it's not.It is there to help the nation.You are not the nation.

It should never be about you.No federal election is ever about you.I don't care how poor you are either.It is not about you.It is about what is in the collective Commonwealth's interest.These people just don't even understand what the fuck the word Commonwealth means.

We live in a Commonwealth.You don't like that, go live in the fucking Emirates.You want to just pay no tax and have this awesome life and live with a serfdom underclass?There's plenty of countries that have that available for you.America's very much like that.Go live there.

Go live in the United Arab Emirates, like a bunch of these other cocksuckers that are always just like, it's too much.

I love living in the Emirates.It's awesome.

Like go be one of them.Create an actual, like, you know, an actual society with like Dignity and fairness at its core.It's just incredible that these people don't they really don't understand what this country is if anything This country has strong proud union values.This country is about fairness This country is about building a country where everyone gets to live in dignity That's the real aim of this country the aim to just be a shake in which is what you want to be, is the aim of the Emirates.Go live there.

All I want to say is I respect your position.I know it's a hard job.But please reconsider this for the benefit.

I'll just stop there.And I spilt my tea all over my mouth.So I think that's a good place to stop for today.Thank you very much for tuning in.I think that we are probably going to have to do more of these because they're just Horrible and hilarious at the same time, but I really want everybody I really want everybody to just think like when everybody always goes like oh Why doesn't this government have a bold agenda?You should have a bold agenda.

I don't even know what bold means I'm just gonna shit on everything that they do ever and say that it's notbold Which is exactly your classic Greens voter, right?Like their response to this has been absolutely deplorable Absolutely deplorable pretending that this is a budget for billionaires You want to know how much of a budget for billionaires this this budget is get ready for this Chris Ellison dumps 122 million of min -res stock amid crackdown on trusts.There you go There you go.This is the budget for billionaires, according to the fucking Greens, because all they care about is keeping their job.So they just say these stupid buzzwords, don't support policy that actually helps.

They do not do what they advertise they do.Just like, we just make policy better.And like, you know, we reward the applause.And, you know, if it's not good, we'll show you something.They don't do any of that.They are absolute cancers that are completely interested.

It's just another form of narcissism.They are interested in their own job and maintaining it.This budget, that trusting alone, if they just did the trusting and kept the capital gains and negative gearing, that is fucking tens of billions of money that is now actually going to be taxed properly and not just in a massive tax loophole.And they're claiming that this is the budget for billionaires.Shameful.But I do just want everybody to understand out there, when the government does extremely bold reform like this and you don't go out there and defend it, what happens?

You get another 2007.You get another 2013.The Labor government will lose on this if you don't defend it.If you don't push against all of these Instagram narcissists.If you don't, every time you ever hear anyone complaining about it or being like, oh, my business, I'm a hairdresser.

This is really going to affect me.It's never going to sell my business.And it's never going to have the money to be a medium -sized fucking business.It's really going to affect me.

Like if you don't push back against that shit,will lose the next election they absolutely will like the amount of fury that this is enacted and just remember it's not gonna be an election on capital gains and negative gearing as in it will but what they will do is fund a bunch of dark money projects like they did last time and And they will be campaigning on all sorts of things that they have the money to figure out this is a pain point in the electorate.We're just going to make the election about this.It's exactly what happened when Stephen Miles implemented the coal tax, which is nothing like the gas tax that we're arguing.The gas tax is a complete con.Stay tuned.

We are going to be talking about that soon.But that is billionaire funded propaganda in itself.But the coal tax was a, you know, super profits tax, very much like Rudd's super profits tax.What did they do?Didn't talk about it at all.Just there was a massive crime epidemic around Queensland.

And then what happens?As soon as the Liberals get in, all of a sudden, the crime epidemic has been solved.That day.Oh, what a coincidence.This is why you really need to be aware of this.We are going to be tracking the press and what they do in this because this is going to be a big fight and the entire election, it looks like it will just be predicated around reversing the capital gains tax.

And again, I want you to be fighting about this, not for you.This is nothing to do with you at all.This is about the future of Australia.If this keeps going, you will end up like your Americas, you will end up like your UKs.It will eventually happen.You will just create a serfdom class.

And not only that, you will have a much, much poorer society.If you keep this in place, sky's the limit for Australia.We've got a government in that is absolutely positioning us to be the Saudi Arabia of the 21st century.Clean, green, 21st century Saudi Arabia.And on top of this is making it so that the benefits of that actuallygo to you as opposed to a class of sheikhs.

They just wanted to go to a class of sheikhs and they don't even understand.They're so selfish.They're so inwardly focused that they don't even understand that you need a nation to be there to parasitically live off it.They've just become a malignant cancer.They're killing the host and they don't get it.Anyway, also, if you're in America, do come see my show.

Thank you very much.