The single most decisive factor why you will vote for who you do

[Starcraftmazter]

Incorrect action is worse than no action at all, if indeed an action was necessary in the first place.

Action that damages economies and supplants production to less enlightened jurisdictions makes the global problem worse.

But let's say it puts pressure on other countries to follow? Several Chinese provinces already have ETSes in place.

Like I said, it is easy to speculate but in reality one must accept that it is not possible to assess the full benefit of the policy until some point in time in the future.

I'm okey with saying that we tried and failed rather than saying we tried nothing at all.

 

[Calliope]

So in other words you are not man enough to admit that if you don't agree with someone then they are not reasoning.

OK. Whatever

 

[Klogg]

Merely reversing the previous government's policies is not a forward-looking policy in itself.

It is if the policies are hurting (or will hurt) the economy.

Back to the original idea of the thread though - I'd like to see the leadership of both major parties change quickly, because leadership is lacking.
This is why I'll most likely be voting for the opposition (regardless of who's in it) for a while.

I wish Howard were still in...

 

[wayneL]

But let's say it puts pressure on other countries to follow? Several Chinese provinces already have ETSes in place.

Like I said, it is easy to speculate but in reality one must accept that it is not possible to assess the full benefit of the policy until some point in time in the future.

I'm okey with saying that we tried and failed rather than saying we tried nothing at all.

In the meantime, Oz's competitive edge is destroyed, for nought.

Yeah good plan that... good try.

 

[Julia]

Thusly

"Thusly" - so now you're even making up words. What was wrong with "Thus"?

Of course an intellectual such as myself

Oh, my goodness.

I wish Howard were still in...

Me too.

 

[Starcraftmazter]

In the meantime, Oz's competitive edge is destroyed, for nought.

Yeah good plan that... good try.

Buddy, Australia's competitive edge has already been destroyed by the housing bubble created by LNP. The mining industry then took what was left of our competitiveness and molested it out of existence.

The so called carbon tax is irrelevant by comparison.

"Thusly" - so now you're even making up words. What was wrong with "Thus"?

Nothing is wrong with it. Doesn't mean vanilla is the only flavour if ice-cream you should ever eat.

http://oxforddictionaries.com/definition/thusly?q=thusly

 

[Garpal Gumnut]

Buddy, Australia's competitive edge has already been destroyed by the housing bubble created by LNP. The mining industry then took what was left of our competitiveness and molested it out of existence.

The so called carbon tax is irrelevant by comparison.



Nothing is wrong with it. Doesn't mean vanilla is the only flavour if ice-cream you should ever eat.

http://oxforddictionaries.com/definition/thusly?q=thusly

Sorry mate, I can't find it on a google search, and I believe I have asked you before.

Were you breast or bottle fed?

gg

 

[wayneL]

Buddy, Australia's competitive edge has already been destroyed by the housing bubble created by LNP. The mining industry then took what was left of our competitiveness and molested it out of existence.

The so called carbon tax is irrelevant by comparison.

So I guess the Aussie LNP was responsible for the housing bubbles in Ireland, UK, Canada the United States , Spain and just about everywhere else in the western world... And the east for that matter.

Can you please explain how this is so?

 

[drsmith]

Me too.

Very clever wording there dear lady.

John Howard was past his best-by date, but the expression above is basically what Rudd Labor offered in 2007.

 

[Starcraftmazter]

So I guess the Aussie LNP was responsible for the housing bubbles in Ireland, UK, Canada the United States , Spain and just about everywhere else in the western world... And the east for that matter.

Can you please explain how this is so?

That's your guess not mine, so I think it's up to you to explain it

 

[drsmith]

The management of resources boom part 1 by the Coalition wasn't brilliant by any means, but Labor's economic management since has been far worse.

 

[wayneL]

That's your guess not mine, so I think it's up to you to explain it

No need to. My point is made.

 

[MrBurns]

Housing bubble was caused by long term low interest rates but sent to stratospheric heights by that useless waste of space Kevin Rudd who changed the FIRB laws to allow foreigners, Chinese mainly to buy real estate virtually without restriction THEN just to top it off gave out doubled or tripled , I forget which, the first home owners grant just to make sure everyone was sucked in to take out huge mortgages to keep the builders and estate agents happy.

The disaster is only now just starting to unfold.

 

[Starcraftmazter]

Housing bubble was caused by long term low interest rates but sent to stratospheric heights by that useless waste of space Kevin Rudd who changed the FIRB laws to allow foreigners, Chinese mainly to buy real estate virtually without restriction THEN just to top it off gave out doubled or tripled , I forget which, the first home owners grant just to make sure everyone was sucked in to take out huge mortgages to keep the builders and estate agents happy.

The disaster is only now just starting to unfold.

Are you trolling? The bubble peaked shortly after ALP got re-elected as a result of the GFC. While I am not absolving ALP of all blame due to the FHOB which very temporarily halted the burst of the bubble, the fact of the matter is 99% of the bubble occurred under LNP leadership in large part because of their reckless policies of negative gearing and capital gains concessions for RE. This added to their inability to call out the central bank for fuelling a speculative bubble damn them permanently.

 

[MrBurns]

Are you trolling? The bubble peaked shortly after ALP got re-elected as a result of the GFC. While I am not absolving ALP of all blame due to the FHOB which very temporarily halted the burst of the bubble, the fact of the matter is 99% of the bubble occurred under LNP leadership in large part because of their reckless policies of negative gearing and capital gains concessions for RE. This added to their inability to call out the central bank for fuelling a speculative bubble damn them permanently.

Negative gearing has been in for decades, the bubble was/is another largely Labor stuff up but this will lead to people being thrown out of their houses once interest rates have to rise and/or jobs go down the drain.

I can still hear the Labor pollies chanting the "ÿou must get into the market" lie.

 

[Starcraftmazter]

Negative gearing has been in for decades, the bubble was/is another largely Labor stuff up but this will lead to people being thrown out of their houses once interest rates have to rise and/or jobs go down the drain.

I can still hear the Labor pollies chanting the "ÿou must get into the market" lie.

Are you absolutely mad? How about you look here
http://www.whocrashedtheeconomy.com/realhouseprices1880to2012.png

And see with your eyes (if you happen to have any) that the bubble occurred under the Howard Government.

 

[wayneL]

Are you absolutely mad? How about you look here
http://www.whocrashedtheeconomy.com/realhouseprices1880to2012.png

And see with your eyes (if you happen to have any) that the bubble occurred under the Howard Government.

Burnsie's point is that NG and depreciation existed a long time before the bubble. In fact NG was reinstated by Hawke/Keating's Labor.

The fact that the Aus bubble coincided with a global bubble should alert you to possible extraneous factors other than the above.

Alas, this appears to be beyond your powers of comprehension.

 

[MrBurns]

Are you absolutely mad? How about you look here
http://www.whocrashedtheeconomy.com/realhouseprices1880to2012.png

And see with your eyes (if you happen to have any) that the bubble occurred under the Howard Government.

I was an estate agent for 20 years pal, I know whats what, the bubble only became a real problem under Labor, they deliberately pushed it because they wanted to stimulate the housing market to protect jobs, but it pushed prices through the roof and there are now a lot of people with mortgage of $400,000 and more, they are likely to be in negative equity when it hits the fan.

Labor encouraged people into this bubble on purpose. Bastards.

 

[Starcraftmazter]

Burnsie's point is that NG and depreciation existed a long time before the bubble. In fact NG was reinstated by Hawke/Keating's Labor.

The NG legislation has been changed numerous times since inception, my point is that the Howard government failed to get rid of it.

The fact that the Aus bubble coincided with a global bubble should alert you to possible extraneous factors other than the above.

Really? What about countries like Germany which saw no bubble? What about those states in USA with a free housing market like Texas which saw no bubble? Why didn't these extraneous factors impact them? Is it maybe because they didn't have **** for brains politicians?

Alas, this appears to be beyond your powers of comprehension.

Alas, if only you knew what you were talking about.

I was an estate agent for 20 years pal, I know whats what

Real Estate agents don't know ****. They are the parasites which helped create the bubble through their spruiking.

the bubble only became a real problem under Labor

All official statistics disagree with you.

 

[Smurf1976]

Like I said, it is easy to speculate but in reality one must accept that it is not possible to assess the full benefit of the policy until some point in time in the future.

I'm okey with saying that we tried and failed rather than saying we tried nothing at all.

Arguably true that the full effects can't be assessed in advance for this or any other policy.

But to use an analogy, it ought to be fairly obvious that jumping out of a perfectly good plane (without a parachute) does not improve your chances of survival under any reasonably foreseeable circumstance. Your jumping to an almost certain death will do nothing to help the survival prospects of yourself or other passengers even in the event that the plane really does crash upon landing.

A much smarter move would be to direct your efforts into properly assessing the condition of the plane and, if a problem is found, working out how to get the plane on the ground with the minimum of risk. Jumping out simply isn't a good move.