Sunday, August 12, 2018

Under-Capitalised, Over Emotionalised

Adolf wandered through the local Woollies supermarket yesterday and, at the checkout, asked why staff were dressed in pseudo Akubra hats and blue/white check shirts.  Must be Australia Day coming up, I thought.

The reply was a surprise.  'We're raising money to help the drought stricken farmers' was the reply.

My reply was 'They should not be farming there if they can't handle a severe drought.'  The look I got was one normally reserved for a piece of mushy dog shit.  But what would I know?  With just a lousy old Agricultural Commerce degree and forty years of business dealings in the agricultural sectors of Australia and New Zealand.

Image result for drought in australia 2018

Australian media is mounting a wall to wall campaign of hysteria as it wallows in the plight of farming families going broke.   All they will achieve is to con the next generation of agrarian losers to make all the same mistakes in a few years from now.

The unpalatable fact remains that these cockies have been farming this drought prone country in NSW and Queensland for well over a hundred years and periodic severe drought is part of the landscape.   In spite of the obvious history, another generation has failed to recognise reality and has farmed without sufficient capital to withstand a winter without rain.  Worse still, there appears to have been no plan to deal with such an emergency, apart from holding out hands for taxpayer subsidies and calling the banks bastards.

The trading banks are just as much to blame, those that did lend to this part of the rural sector.  Where were their risk assessments?

Fifty years ago Greenies were saying this country should not be farmed at all but I don't agree with such an extreme view.  I think it should not be farmed in such a way that the only response to an entirely predictable major drought is to go bankrupt and/or expect a bail out from central government.

Oh, and before any lunatic global warmist trolls come along let me remind them there have been abundant rains in the grain growing areas of Western and Southern Australia where record harvests are expected.  (That's if the bush fires don't get there before the combine harvesters.)


6 comments:

David said...

Oh, and before any lunatic global warmist trolls come along let me remind them there have been abundant rains in the grain growing areas of Western and Southern Australia where record harvests are expected.

Look out Adolf, here come those pesky things called facts again.

Driest July since 1999

July 2018 was drier than average in many Agricultural districts
Overall, rainfall in July 2018 was 55% below average, making it the driest July since 1999 for the State as a whole
July rainfall was very much below average in parts of the central Agricultural districts including the Eastern Eyre Peninsula and Mid North, and little or no rain fell across northern Pastoral districts
Rainfall was average to above average in the Lower Southeast


Read more.

Anonymous said...

Wow David driest since 1999.

Driest in 19 years ,thats such a long time ago and shows such a trend line in human history

EH of D

Johno said...

Hmmm, how come 1999 was drier with less atmospheric CO2?

Snowflake said...

Gee, because it’s not a 1:1 linear relationship maybe? Hardly disproves the laws of thermodynamics though does it Einstein?

SouthPac Cynic said...

It's interesting to note how desparately warmists want to prove themselves correct. Nihilism is so popular nowadays.

David said...

EH, Johnno, SPC, fools the lot of you. My response was to Adolt's claim of abundant rains in the grain growing districts. The BOM shows that he is either willfully ignorant or willfully lying.

Each of you are obviously the latter.