"Suppose we use these funds to buy back the farm (80% of our...

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pintohoo

80,521 Posts.

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09/07/18

19:24

Post #: 34236375
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Originally posted by moorookamick ↑

Here is a list of countries/states without standing armed forces:

https://www.storypick.com/country-no-army/

Our armed forces cost us about $30 billion a year and its "pension fund",
the DVA, cost about $13 billion a year. Total $43 billion a year.

Suppose we use these funds to buy back the farm (80% of our mines are foreign owned)
not to mention the growing foreign ownership of actual farms.

Once we buy back the farm and we have sovereign wealth to protect, then we could phase the armed forces back
in and limit it to protecting Australia within our borders or serving as peacekeepers under the UN banner overseas.

Just a thought in this neo-liberal era of cost cutting and self interest.

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"Suppose we use these funds to buy back the farm (80% of our mines are foreign owned)
not to mention the growing foreign ownership of actual farms."

Mining companies were private and they sold the companies off to foreign owners

So, if the government bought them back - that would make the companies government owned

??? - bit of a philosophical issue there-

but, lets say we do it ---------- what then?

privatize? - so, the government sells the mining companies back to superannuation funds - whose sole hobby in life is to flog stuff off to foreigners --

so, they sell em back to foreigners -------- what then?

seems to me that if we think it's a good idea to buy back the farm - then, we shouldn't have allowed it to be sold off in the first place

in which case then, you could give up the military - and do some actual good with the money instead of buying dud mining companies

sorry mick - this one doesn't make any sense to me
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