An Open Letter to Peter CostelloPosted: September 13, 2016
I am writing in response to your allegation that the mining industry has been ‘treated shabbily’ by Australia. Apparently you don’t think they’ve had a fair deal, what with the billions of dollars of profit they’ve sucked out of the earth, from the dirt owned by Australian citizens. What would you like? For us all to give the mining executives a big hug, or a pat on the back, to say ‘thanks for royally screwing us over?’ Perhaps you would like us to cook them each a cake? A mud cake perhaps? Sorry. It never occurred to me to do this.
But hang on. You’ve said what you want. You want there to be a section in the Australian curriculum where school students are taught to bow down to the rich miners and kiss their toes, begging them to hire them to drive trucks for big bucks, and to spend weeks away from their family at a time, to live the Australian dream of helping mining executives get rich? What should this part of the curriculum be called Peter? Perhaps it could be a whole subject? Kissing Gina’s arse? How about, how-to-rip-off-battlers-to-line-the-pockets-of-shareholders? How about a practical-lesson-in-sending-Australia’s-wealth-overseas so none of us get any benefit from it unless we’re wealthy enough to have huge superannuation accounts? Wealth inequality for dummies perhaps?
But you really do have a point, in your funny old way of being wrong while still somehow managing to make sense. A bit like how you claim to be a really great ex-Treasurer, and to be oh so worried about debt and deficit, while also conveniently ignoring that little problem of your actual legacy which, low and behold, screwed all of us. I see a pattern of incompetence forming here. Richard Denniss puts your yearly cost to Australia at $56 billion dollars per year. Ouch Peter! What is it you like to say about inter-generational theft? Maybe everyone should learn all about your incompetence at school? Maybe we should have a Royal Commission into Peter Costello’s Incompetence to get to the bottom of how you managed to leave such economic destruction in your wake?
But really Peter, you’ve got a point about the mining industry deserving a place in the school curriculum. In fact, I applaud your call to give our children a chance to learn how they missed out on a once in a generation mining boom because the mining industry, with the help of your Liberals, crushed Labor’s super-profit tax in order to protect their unfair rort of taking all the wealth for themselves. I definitely think it’s a great idea to educate children about the ills of wealth inequality, so that they understand that life doesn’t have to be this way. They have a right to be told by their teachers that people like you shouldn’t be making decisions on their behalf. Because you don’t have their best interests at heart. And nor do the mining executives who you like to exalt as the mythical heroes of the Australian economy. I’m sure Australian children will be very interested to learn how your Liberals cancelled their chance to get their fair share of mining’s benefits, from the soil they all collectively own. They’ll no doubt be howling about this when they find out how much superannuation they’ve missed out on, money they needed in retirement. They’ll be pissed when they find out you preferred to let the mining executives live it up on their dime, stealing from their bank accounts so they’ll have to retire the day before they die. Good on you Peter. It’s definitely a good idea to tell all the kiddies about this con. Education is, after all, the key to a better future.
Speaking of education, I wonder if you have the figures at hand of how much education funding we could have enjoyed had your government, the one where you controlled the money, thought about taxing the mining industry properly and putting that revenue somewhere useful, such as into the education budget? Actually, let’s not get you to do the sums because we know how hopeless you are with accounting. Remember the time you sold all the gold at rock bottom price. When I say ‘the gold’, just to be clear, it wasn’t your gold Peter, it was ours. Remember when you lost billions of dollars of Australian money, money that belonged to those school children who never heard anything about it?
Now I come to think of it, you really should be ashamed of yourself Peter. You’ve screwed over the Australian people time and time again. I have no idea why anyone thinks it would be a good idea to listen to your opinion about anything. What are you doing these days anyway? When you retired you said it was to spend more time with your family. But then I recall, you’ve been appointed to, hang on, what the actual… Australia’s independent sovereign wealth fund. That’s really taking the piss Peter. You’re the last person I would let even think about walking anywhere near Australia’s Future Fund, let alone giving you the keys and letting you drain it all away, sell the farm and watch the proceeds melt to nothing, until the future is free of any funds. But of course you still get paid. What a joke Peter. What an absolute joke. Who on earth would give you such a responsible position, when you’re so clearly ideologically inappropriate and incompetently reckless with money to boot? I think I can guess.
I think it’s time you did the whole country a favour and just go away. And in particular, stay away from the young people Peter. You’ve done enough damage. You’ve treated us all very shabbily. It’s time we had a chance to fix your mistakes for the benefit of all our futures.