Australian (ASX) Stock Market Forum

Turnbull for PM

Of course it was real, it just wasn't a failing of "capitalism".

You mean they just droppd the ball short of the try line.. Or did it get the swine flu by "pigging out" at the trough.

By the way what came first, the chicken or the egg.:banghead:

And
"Only dead fish go with the flow."

Those that swim against the current tire easy and often drown.
 
Technically you could argue it was a mirage because the strength of the fiat currency is also a mirage as are the markets around the world that all fell at the same time and are mostly controlled and market made by the banks who crashed and crashed them, its a mystery wrapped in an enigma :D

Abbott was Howards attack dog, he was called on by Howard as was Joe Hockey at the time of Malcoms fall from grace as it were, Joe stepped aside at the last giving Tony the run, he was needed to put a dent in Rudds credibility as Turnball was being made to look like a buffoon, he has done that to a fair extent, who they have to take the party to the next election is anyones guess but don't write of Peter Costello just yet.

Malcom may want to take the ETS to Stephen Kings pet semitary before he tries riding that dead horse through the gates of Parliment.
 
How could they do that before the next election ?

A Costello led government with Malcolm turnbull as treasurer has a bit going for it, but those two are not exactly bosom buddies. The other way round however is unimaginable and Tony Abbott is virtually unelectable as Prime Minister.

One however is left to wonder how much Peter Costello has been slamming his own boot up his own backside given recent events.
 
How could they do that before the next election ?

A Costello led government with Malcolm turnbull as treasurer has a bit going for it, but those two are not exactly bosom buddies.

I guess the other thing is Dr Smith, would they want to take Government in the next Election, it doesn't appear as though things are going to improve a lot during the next term and if Rudd doesn't backflip on the mining tax he will have made some powerful enemies, the Libs lost the last election at the best possible time with Labour having to deal with this mess and Howard looking like his saving plans have helped ease the pain, would they prefer to let Labour stew in it for another term ?
 
I guess the other thing is Dr Smith, would they want to take Government in the next Election, it doesn't appear as though things are going to improve a lot during the next term and if Rudd doesn't backflip on the mining tax he will have made some powerful enemies, the Libs lost the last election at the best possible time with Labour having to deal with this mess and Howard looking like his saving plans have helped ease the pain, would they prefer to let Labour stew in it for another term ?
The new proposed mining tax needed to be presented as reform, not an additional tax on top of state royalties. That would have been a more sound position from which to argue for an overall increase.

The Howard government had a wealth of revenue from an economy stimulated by a resources boom to reform tax. Instead however he wasted it on electoral bribary in the form of middle class welfare and on over generous superannuation concessions. He should have been fixing holes in the tax revenue base and reducing rates further, not adding holes to it.

Another term of this Labor government and we might all be stewing in something rather awful by the end of it.
 
You mean they just droppd the ball short of the try line.. Or did it get the swine flu by "pigging out" at the trough.

By the way what came first, the chicken or the egg.:banghead:

And
"Only dead fish go with the flow."

Those that swim against the current tire easy and often drown.

I don't know what my quote about fish has to do with capitalism or some bastardisation of it, but by the tone of your replies I can see that "capitalism has failed" is a cherished belief of yours. Any challenge to that seems upsetting for you resulting in these illogical and laughable riposte's.

We shall however see what the modern interpretation of Keynsesianism does over the next few years. For a hint, look for Mervyn King's recent comments ;)
 
Looks like Nick Minchin and John Howard arent too happy with Malcolm's decision to stay.

I think Abbott is putting on a good front, saying that after the next election he will be putting Malcolm on the front bench.

We will see

I think Malcolm does have alot to offer in politics
 
I think Malcolm does have alot to offer in politics

Of course. Most Labor supporters would prefer Turnbull to Abbott. But in my opinion neither of them has good leadership qualities.

Neither of course does Rudd, but the above two can't match him in spin.
 
I guess the other thing is Dr Smith, would they want to take Government in the next Election, it doesn't appear as though things are going to improve a lot during the next term and if Rudd doesn't backflip on the mining tax he will have made some powerful enemies, the Libs lost the last election at the best possible time with Labour having to deal with this mess and Howard looking like his saving plans have helped ease the pain, would they prefer to let Labour stew in it for another term ?

Throughout our history when the going got tough for Australia it is the Labor party that the people turned to. ie: Curtin*, Whitlam*, Hawke/Keating and now Rudd. In every case when the libs returned to power they rode on the back of the massive economic and strategic reforms that Labor enacted. ie; Post WWII boom, post Hawke/Keating superannuation, labor market and financial industry restrusture including the floating of the $A. They ride the boom and than they usually bust it and Labor is re-elected to patch things up again.

The shame is the Costello was not given the Chalice in time to fight the last election, I think he would have been a good PM, certainly better than the present contender will ever be if he got the chance, which I predict he will not. PS: Do not underestimate Malcolm. He is one of the most talented people in this country. Even better still he has not yet become a politician, but like all good things that will inevitable change.

*Curtin, Autralia needed a patriot to protect it in war.
*Whitlam's legacy is exit Vietnam and total review of Australia's then inadequate health system.

Wanton
 
by the tone of your replies I can see that "capitalism has failed" is a cherished belief of yours. Any challenge to that seems upsetting for you resulting in these illogical and laughable riposte's.

You are getting me wrong. I am a believer in capitalism. But I am disgusted in the corrupted version of capitalism that has dominated the world lately. We have not seen true capitalistic value rule but we have seen a greedy few thieve from the passive capitalists to a point where the system collapsed. I suggest that Turnbull may be closer to ideal capitalism than any of the other contenders.

We needed a Rudd to break the monopoly of "big money". We need a Turnbull to reestablish true capitalism.:mad:
 
I must say as one of the younger generation the whole political process irritates the hell out of me. Tony Abbott's stance on everything is to oppose it beacause we are the opposition what a load of rubbish, you are there to run the country for the population. I have voted in the last three elections and the first two I voted for Howard and the Liberals as I thought they were doing a good job of steering the country into the right direction, but the last election I felt that they had lost touch with what the greater population wanted and so I voted Labour. At this stage I would be voting for Rudd and Labour again as I think that although Rudd and Labour have done plenty wrong the alternative is far worse with Tony Abbot and a Liberal Party that has no solid policies and to attack and throw cheap shots.
 
You are getting me wrong. I am a believer in capitalism. But I am disgusted in the corrupted version of capitalism that has dominated the world lately. We have not seen true capitalistic value rule but we have seen a greedy few thieve from the passive capitalists to a point where the system collapsed. I suggest that Turnbull may be closer to ideal capitalism than any of the other contenders.
I disagree, I say that Abott has more to offer.

We needed a Rudd to break the monopoly of "big money". We need a Turnbull to reestablish true capitalism.:mad:
Are you saying this is a kind of hegelian dialectic?
 
Are you saying this is a kind of hegelian dialectic?

This is a distinct possibility and is well worth researching. More likely it is just greed by a few with no morals that have a facility available to them to bleed the rest of society dry.

I've reached a position in life where I have all I need in this world (with the possible exception of the youth pill) and I tend to look past material posessions. Many of my friends are suffering the result of investing their life savings in schemes that robbed them of a happy retirement. This is the result of unfettered capitalism.

I used to live in an age where you did not need to lock your car or your house and a handshake was all you needed to enter a contract. I treat investment as i would the security of all other things. ie watch out for thieves and those conspiring to take you down.:2twocents
 
You are getting me wrong. I am a believer in capitalism. But I am disgusted in the corrupted version of capitalism that has dominated the world lately. We have not seen true capitalistic value rule but we have seen a greedy few thieve from the passive capitalists to a point where the system collapsed.
OK, apologies. We are on the same page there. :xyxthumbs


I suggest that Turnbull may be closer to ideal capitalism than any of the other contenders.

We needed a Rudd to break the monopoly of "big money". We need a Turnbull to reestablish true capitalism.:mad:

Here I disagree. Turnbull is if the "Goldman Sachs Set" and would perpetuate the corrupt corporatism seen thus far ==>> IMO <<===

I may be wrong there, but that is my impression.
 
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