The ScoMo Government

[sptrawler]

So tell me how cutting penalty rates and giving businesses tax cuts going to give the average pleb a self funding retirement

So tell me why you would bother, if your super is $300,000, you will get a 25% return by doing FA. Why would a worker, want to do without, to become self funded?

 

[Darc Knight]

How about reigning in politicians perks like their super.
I usually get the peanuts and monkeys spiel and think we already have the monkeys running the place.

Which raises a good question: why are our Governments incompetent and how do we facilitate better ones?

 

[Humid]

So tell me why you would bother, if your super is $300,000, you will get a 25% return by doing FA. Why would a worker, want to do without, to become self funded?

Something you need to ask yourself

 

[sptrawler]

Something you need to ask yourself

That is why I'm passing on my experience, it wasn't worth it.
IMO you have to be able to get seriously well off, or you have to just enjoy your life to the best of your income.
From the way things are going, there is no point in the average pleb, trying to forego life now, on the hope that the savings will give them a better life later.
In reality the writing is on the wall, that they will be required to spend what they save now, before any assistance will kick in in the future.
Which isn't bad in itself, it is the deception that goes with the transition, that pizzes me off.
I guess my saving grace was, I enjoyed investing and saving.

 

[Humid]

Geez mate we haven’t even voted yet
Seriously if your future relies solely on franking credits find a better financial adviser.

 

[sptrawler]

Geez mate we haven’t even voted yet
Seriously if your future relies solely on franking credits find a better financial adviser.

Franking credits are 30% of my income, so I'm going to adjust my income, same as you do.

 

[Humid]

Yeah mate sorry
I initially only read the first two lines.
I’m seriously considering Asia as an option if I live that long.
Bali 3 1/2 hours from Perth
under 8k per year for a nice small place
Nasi goring cheap booze eternal warmth
Daily swim good coffee bit of exercise nice people

 

[sptrawler]

Yeah mate sorry
I initially only read the first two lines.
I’m seriously considering Asia as an option if I live that long.
Bali 3 1/2 hours from Perth
under 8k per year for a nice small place
Nasi goring cheap booze eternal warmth
Daily swim good coffee bit of exercise nice people

A mate of mine lives in Bali, great guy, was a pressure welder.
He and his wife moved over there, a few years ago, they have just put a granny flat on their daughters place in Bibra Lake. It is the way to go, if your other half agrees, unfortunately mine doesn't.
Over here, anyone with anything, is going to get screwed. IMO

 

[Humid]

Other halves are cheap there too....

 

[sptrawler]

Other halves are cheap there too....

I know, but I really don't want to lose half, of what is an already a diminished pot, also been with her for 44 years would be sad not to get 50.lol
Also we help one of the kids out, but if Billy brings in what he is suggesting, I think I will be planting the seed of either a Thai or Bali condo.
It will be the only way, to enjoy a stress free retirement, every election brings about another set of scenarios.
First it was tax the multi million dollar homes, unless they sell them and put it in super. That has gone quiet, how well would that have turned out? Not well at all.

Then it was, we need to tax super incomes above $100,000, I thought that sounds reasonable.

Now it is, we will take 30% of your super income, no matter what it is, that is really taking the pizz.
But what takes the cake, is everyone says that's o.k, well that just tells me no one is thinking it through.

 

[Smurf1976]

Which raises a good question: why are our Governments incompetent and how do we facilitate better ones?

Just my opinion as someone who's worked for things owned by government and in the public service as such but the problem is really quite simple.

Elect candidates with a diverse range of "real world" work backgrounds.

In short there are far too many lawyers and unionists and nowhere near enough people with practical professional, trades, business or other backgrounds which bring diversity.

Suppose that you've got 100 people in the room. 49 are lawyers. 49 are former unionists. The other two are an airline pilot and a topless dancer.

In practice the pilot will likely be the most useful person in that room due to the way they're trained to think and the stripper runs second since they'll have a fair bit of "real" life experience and will give it a decent shot. In contrast the lawyers and unionists will almost certainly succumb to group think by virtue of sheer numbers meaning that not one of them is actually thinking critically.

I have nothing against lawyers or unionists by the way and I similarly wouldn't want the parliament stacked full of engineers, plumbers, truck drivers or anyone else since the same problem would arise. Point is we need diversity above all else, that we have that diversity being far more important than the actual background of anyone's local MP.

 

[SirRumpole]

I have nothing against lawyers or unionists by the way and I similarly wouldn't want the parliament stacked full of engineers, plumbers, truck drivers or anyone else since the same problem would arise. Point is we need diversity above all else, that we have that diversity being far more important than the actual background of anyone's local MP.

I don't see a lot of scientists in Parliament, both sides seem to shun them.

I would have hoped that their rational thinking abilities would be very useful in government.

Angela Merkel seems to have done OK.

 

[Darc Knight]

Kevin Rudd thinks Rupert may give up trying to have the Liberals re-elected and may try to cury favour with Labor:

"So watch out for the the subtle tacking to port on the part of various of Murdoch’s mastheads as they begin to send out feelers to Shorten et al. Labor should be wary of quiet approaches from Lachlan Murdoch or his minions. Nor should Labor be seduced by a more generous sprinkling of positive news stories, or negative ones about the Coalition. That’s how Murdoch plays the game."

https://www.brisbanetimes.com.au/op...itical-grip-on-democracy-20190104-p50pkw.html

 

[sptrawler]

Labor don't need Murdoch, they get enough flag waving and chorus Line singing from the Age and SMH, any more proactive Labor chanting, would be nauseous. Lol

 

[Smurf1976]

Labor don't need Murdoch, they get enough flag waving and chorus Line singing from the Age and SMH, any more proactive Labor chanting, would be nauseous. Lol

I was going to post a chant but then I realised I had no idea what they'd actually be chanting?

Does it involve marching down the street waving Eureka flags and repeated use of the words "What do we want?" followed by the answer and a second question "When do we want it?" followed by "Now"?

Just a random guess as to what the chanting may involve.

 

[Skate]

I was going to post a chant but then I realised I had no idea what they'd actually be chanting?

Does it involve marching down the street waving Eureka flags and repeated use of the words "What do we want?" followed by the answer and a second question "When do we want it?" followed by "Now"?

Just a random guess as to what the chanting may involve.

Chanting
I always find it strange that the guy with the megaphone never knows the answer & constantly seeks it from others.

I say "if the guy with the megaphone doesn't know the answer - give the megaphone to someone who does"

Skate.

 

[IFocus]

Unfortunately Labor needs Murdoch as every Australian government, other wise the BS noise just takes up everyone's time and nothing happens.

 

[wayneL]

Murdoch and other corporatists have always plays both sides. In fact I think he/they have sand castle syndrome.

Build it up just to be able to knock it down, rinse, switch sides, repeat.

 

[SirRumpole]

Murdoch and other corporatists have always plays both sides. In fact I think he/they have sand castle syndrome.

Build it up just to be able to knock it down, rinse, switch sides, repeat.

Murdoch will support

a. whichever Party is best for his business,

and if that doesn't work,

b. whichever Party is most likely to win the next election so that he can pretend that he won the election for them and get something in return.

 

[Humid]

Which of the 56 states do you reckon will give Murdoch a funeral