Topics:

Iron Fist, Velvet Glove Episode 498: One Nation Surge, Resource Taxes, and Trading on Trump’s War Talk

Trevor and Scott mark episode 498 and discuss the South Australia election where One Nation won 22.5% of the vote but about 8.5% of seats, prompting debate over electoral systems and proportional representation, while noting Liberals fell to about 19% and Labor won 72% of seats from 37% of votes; they cite backing and amplification for One Nation from Gina Rinehart, News Corp/Sky, Barnaby Joyce networks, and coordinated social media. They critique a Reserve Bank rate rise amid fuel-driven inflation and argue for higher resource taxes, referencing a proposed 25% gas export levy and Norway’s 78% tax. On Iran/Israel, they debate Australia’s involvement (UAE defensive assets and Pine Gap), play clips alleging a US Tomahawk strike hit an Iranian school killing 165 girls, criticize Israeli actions in Gaza/Lebanon/West Bank, and question media coverage. They then discuss claims Trump’s announcements move markets, citing a large pre-announcement futures trade and suspicions of profiting. They close noting episode 500 may bring a break and mention Japan’s PM laying flowers for the Nagasaki bomber pilot.

00:00 Show Intro

01:29 Trump And Project 2025

02:27 Would You Visit America

04:21 South Australia Election Shock

06:17 Vote Share Vs Seats

07:16 Proportional Representation Debate

14:14 One Nation Backers And Media

21:23 Global Populism And Protests

22:11 Rate Rise And Fuel Inflation

25:43 Taxing Gas And Mining Giants

28:34 Climate Costs And Sea Levels

29:32 Pivot To Iran And Israel

31:32 Australia in the War

32:17 Pine Gap Target Debate

33:51 Troops on Ground Red Line

35:16 School Bombing Breakdown

39:39 Intentional or Mistake

43:10 Media Silence in Australia

45:54 Israel Society and Lebanon

51:41 Gaza Doctor Testimony

55:56 Trump Peace Talk Claims

59:00 Trading on Announcements

01:03:07 Missile False Flag Story

01:05:44 Wrap Up and Next Topics

To financially support the Podcast you can make:

• a per-episode donation via Patreon or
• one-off donation via credit card; or
• one-off or regular donations via Paypal or
• if you are into Cryptocurrency you can send Satoshis.

We Livestream every Monday night at 7:30 pm Brisbane time. Follow us on Facebook or YouTube. Watch us live and join the discussion in the chat room.

We have a website. www.ironfistvelvetglove.com.au

You can email us. The address is trevor@ironfistvelvetglove.com.au