Australian (ASX) Stock Market Forum

Costello Quits!!

Good news?

  • Great news!

    Votes: 28 24.3%
  • Bad News!

    Votes: 53 46.1%
  • Who cares!

    Votes: 34 29.6%

  • Total voters
    115
Wasn't it M.Turnbull that escaped a jail sentence a few years ago for lack of evidence in an insider trading deal with Richo!

And as for Costello, I cannot forgive him for pushing the GST tax on us to guarantee his budget surplus, after all he didn't do anything clever achieve it otherwise. Glad to see him go.

If I've got it wrong, let me know.
 
I also hate GST. The government get money from you even when you are drink a drop of water to keep you alive.:mad:
 
There wouldn't be a lot of mileage in the First Mate on the Titanic accepting the helm even as the iceberg gouged the hull and effectively left you listing and Rudderless...
Cheers
........Kauri
 
Wasn't it M.Turnbull that escaped a jail sentence a few years ago for lack of evidence in an insider trading deal with Richo!

Source? I can't find anything on the web regarding that. He was business associates with Trevor Kennedy who with Richo and Rivkin were involved in Offset Alpine.

But nothing suggests Turnbull owned OAP, please correct me if I am wrong.

I think Turnbull would be great for the Libs, get rid of the hard right and reclaim the middle moral ground.
 
Source? I can't find anything on the web regarding that. He was business associates with Trevor Kennedy who with Richo and Rivkin were involved in Offset Alpine.

But nothing suggests Turnbull owned OAP, please correct me if I am wrong.

I think Turnbull would be great for the Libs, get rid of the hard right and reclaim the middle moral ground.
Turnbull? Moral? :eek:
 
Well, I meant a moderate Liberal. I can't comment on his morals, he used to be a merchant banker but maybe he repented.
Used to be a lawyer too. :cautious: If you're saying that he would swing the pendulum back towards the centre a bit, that would be a good thing. He'll prolly be leader; I'll be interested to see whether the liberal party still holds its hand over its heart as the Star Spangled Banner plays in the party room under him.
 
Used to be a lawyer too. :cautious: If you're saying that he would swing the pendulum back towards the centre a bit, that would be a good thing. He'll prolly be leader; I'll be interested to see whether the liberal party still holds its hand over its heart as the Star Spangled Banner plays in the party room under him.

hmmm as worried as I am about the prospect of 70% union lackeys in the ALP, there has to be an even higher proportion of lawyers in the Libs......now that is a fear campaign the ALP should have played on!
 
What is it about Malcolm Turnbull that is immoral, Wayne?
(Or amoral?)
I'd prefer to leave that as an open question at the moment Julia. I remain unconvinced, but with an open mind.
 
Find it hard to fathom why people fear unionists, after working 40 years the one person that stood out to me as a completely selfless & moral person was a white collar unionist that looked after us in the seventies as a member of the ASTAA.
I guess there are power hungry, bloated ego's in all fields of endeavor and that would include a few traders, but we don't hate traders, especially if we are one.
 
Find it hard to fathom why people fear unionists, after working 40 years the one person that stood out to me as a completely selfless & moral person was a white collar unionist that looked after us in the seventies as a member of the ASTAA.
I guess there are power hungry, bloated ego's in all fields of endeavor and that would include a few traders, but we don't hate traders, especially if we are one.
Agree,

It's only "militant" unionism which has a negative impact. Moderate unionism can be a tremendous positive for both business and workers... and the overall economy. I had the the opportunity of sitting across the table from a moderate union and it was completely productive 99% of the time.
 
Some have commented that Turnbull's prospects for assuming the Liberal leadership (and staying there) are hindered by the fact that he's stinking rich and the perception that he is the member of an electorate who's greatest burden is having to haul so much bling on their trek to the gucci outlet. Given that the coalition are likely to be in the political wildernesss for at least two terms, I feel that Turnbull would have a long time to recast himself. I doubt the Rudd family has accumulated too many frequent flyer points at the local soup kitchen.:D
 
hmmm as worried as I am about the prospect of 70% union lackeys in the ALP, there has to be an even higher proportion of lawyers in the Libs......now that is a fear campaign the ALP should have played on!

:D :D :D

Is that a sense of humour or moderate worry ?

The soliciters don't worry me , the barristers do though ..............
 
Some have commented that Turnbull's prospects for assuming the Liberal leadership (and staying there) are hindered by the fact that he's stinking rich and the perception that he is the member of an electorate who's greatest burden is having to haul so much bling on their trek to the gucci outlet. Given that the coalition are likely to be in the political wildernesss for at least two terms, I feel that Turnbull would have a long time to recast himself. I doubt the Rudd family has accumulated too many frequent flyer points at the local soup kitchen.:D

He shouldn't have to recast himself. Class warfare should be a thing of the past. Turnbull is self made and even battlers should recognise that and not punish him at the ballot box (so long as he keeps in touch with their needs and concerns). Rudd and his wife are collectively worth millions.

PS Can't believe Tony Abbott and Brendan Nelson are thinking of putting their hands up, both have been pathetic.
 
Some have commented that Turnbull's prospects for assuming the Liberal leadership (and staying there) are hindered by the fact that he's stinking rich ..
I doubt it m8 - He'll make less as a politician than as a member of MBL board. In that respect his political ambitions could be considered , if not altruistic, then hopefully above reproach and not greed driven (ego is another thing of course lol)

- bit like the bloke who accepts demotion to try be more effective in those things that he believes in - true or not, that's what he could CLAIM. ;)
"Why fight City Hall when you can BE City Hall" sort of thing.

PS I trust your streak down Pitt St went without incident ;) - or was it George St? Then again, I seem to recall you gave yourself an escape clause lol.

ithatheekret said:
The solicitors don't worry me , the barristers do though ..............
As I recently heard about a court case based on a "matter of principle" - the barrister said "principles make barristers rich". :2twocents
 
He shouldn't have to recast himself. Class warfare should be a thing of the past. Turnbull is self made and even battlers should recognise that and not punish him at the ballot box (so long as he keeps in touch with their needs and concerns). Rudd and his wife are collectively worth millions.

PS Can't believe Tony Abbott and Brendan Nelson are thinking of putting their hands up, both have been pathetic.

I agree. Whether someone's prince or pauper is irrelevant. Obviously, it's the policies that count. The political reality though, is that perceptions do count. For example, throughout the campaign, Rudd often stated that the "real success of the Rudd family is Therese". I think by doing that he was seeking to distance himself, to some extent, from the reality that the Rudd family is loaded (its not mine, its Therese' money). He was largely successful, as can be seen by cartoonists' depictions of Turnbull as Richie Rich, and Rudd as a bookish Harry Potter.
 
I doubt it m8 - He'll make less as a politician than as a member of MBL board. In that respect his political ambitions could be considered , if not altruistic, then hopefully above reproach and not greed driven (ego is another thing of course lol)

- bit like the bloke who accepts demotion to try be more effective in those things that he believes in - true or not, that's what he could CLAIM. ;)
"Why fight City Hall when you can BE City Hall" sort of thing.

Agree 100%...

Both Rudd and Turbull are self made... and I think Australian love them for that...


Compare that to someone like Downer... he has family wealth... he is only there cause his family probably own half the adelaide hills... (figuratively speaking)
 
On Downer:

I think somehow, that disastrous episode as opposition leader has caused him brain damage. I used to be very impressed with him before then. His performances in parliament were sterling.

Since that "leadership" though, the guy has turned into a total muppet. He should be taken out to the back paddock and put down.

Abbot & Andrews: OMG!!

Hockey: Beazley revisited.

Turnbull is their only hope in the foreseeable future, but is the leadership a poison chalice at this point? I think it really could be.

For now they need a fall-guy. IMO
 
Hockey: Beazley revisited.

Turnbull is their only hope in the foreseeable future, but is the leadership a poison chalice at this point? I think it really could be.

For now they need a fall-guy. IMO

You are spot on...maybe Hockey can fulfil that role, he comes across as a good bloke and down to earth like Beazley, not PM material. He can hold the line for 3 years and then have Turnbull/Bishop bring him the bacon in the following election.

Does the Lib party need a strategist?
 
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