Bank Australia Decides That Only Rich People Should Be Able to Drive New Vehicles

by
Steve MacDonald

If Western-Style Democracy is swirling the bowl, Australia is the largest turd about to go ’round the bend, if you take my meaning. They’ve abandoned all pretense, and even Bank Australia is getting in on the tyranny. It has announced that it will no longer offer loans for new gas-powered cars or trucks.

 

“Ultimately, our announcement today is the beginning of a conversation with our customers and a signal to the wider market that if you’re considering buying a new car, you should think seriously about an electric vehicle – both for its impact on the climate and for its lifetime cost savings.”

 

Okay, let’s think about electric vehicles. Wait, let’s think about how they are thinking about them instead.

First, everyone knows they were expensive before Joe Biden crashed the world economy. A boutique item for the well-to-do. Well over 90% of EV sales are by what EV proponents (Democrats) would call The Rich.

Post-Bidenflation, EVs are more expensive, which, when coupled with the dollar’s declining value, puts them further out of reach of everyone but the rich, who will also be the only ones pocketing the Democrats 7K taxpayer incentive “gimme” to buy them.

Bank Australia, ironically, understands that.

 

“While we will cease car loans for new fossil fuel cars from 2025, we are deeply aware that we need to support people not yet able to afford an electric vehicle while the market grows,” Courville said.

 

We get it, they say, but we’re still going to end loans for new cars you could once afford. If you’d like a loan for an electric vehicle, you may need to mortgage your home (if you have one) to make the monthly payments.

The result of which is what? People with enough money to buy a car outright will still be able to choose between gasoline or electric vehicles. Bank Australia just priced everyone but a select few from access to new automobiles.

The bank did say they would continue to offer loans on used gas-powered vehicles, but if Australia is anything like the US, there are not many of those around. Demand and inflation have driven up the cost of buying and owning any vehicle.

Sinister? Deliberate?

I’d expect this to spread around the globe in line with the Left’s “we don’t want you to have personal mobility” agenda. And it does belong to them. AOC’s Green New Deal (which the Dems love) is about limiting transportation to the elite.

So, how about horses? Will the bank loan you money to buy a horse because that otherwise leaves us with bicycles or our feet – there is no reliable, regular public transportation to the less urban areas of either country.

And how is that not discrimination? The body positivity victim class, a subset of middle to low-income individuals who are calorically handicapped, will be hit hardest.

Or are they expecting the impending cricket diet to address that problem? I can’t imagine anyone getting obese eating bugs, assuming that doesn’t kill them – which I hear is also very slimming. You’d not then need transportation after a trip to the mortuary and an oven to hide any evidence that eating bugs or your COVID vaccine unwound your mortal coil.

 

 

Author

  • Steve MacDonald

    Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.

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