Australian (ASX) Stock Market Forum

Double Dissolution 2016

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SirRumpole said:
Of course it's an opinion, but it's the opinion of a lot of respected economists including Ross Gittins.

http://www.rossgittins.com/2014/10/re-writing-re-write-of-gfc-fiscal.html
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But we can never know if it was the right style stimulus, i.e. bang for the buck.

In the end, the charts says it all really, in the the time-frame represented on the chart, the Liberals have spent more time in budget surplus, have they not? If they were the bigger spenders, CLEARLY it is because they could afford it then. Now, politically it is difficult for them to remain in power and reduce spending because of the previous labor government, duh! Even you would agree with that!

That is the indisputable truth which is the constant thorn in labor's side. Lots of distractions are needed to fool the voters, but i trust they will be fooled once again. Has Shorten even managed a business before? Oh sorry he was a corrupt labor Unionist, that's good enough for the average Aussie voter:xyxthumbs
 
CanOz said:
But we can never know if it was the right style stimulus, i.e. bang for the buck.

In the end, the charts says it all really, in the the time-frame represented on the chart, the Liberals have spent more time in budget surplus, have they not? If they were the bigger spenders, CLEARLY it is because they could afford it then. Now, politically it is difficult for them to remain in power and reduce spending because of the previous labor government, duh! Even you would agree with that!
Click to expand...

I agree that it's politically difficult to abolish things like negative gearing and CGT discounts introduced by previous governments but Labor has shown that it's prepared to take them on. It's also politically difficult to take on Family Tax benefits introduced by Howard during his profligate years and I give some credit to the Libs for recognising that that area is a problem.

That is the indisputable truth which is the constant thorn in labor's side. Lots of distractions are needed to fool the voters, but i trust they will be fooled once again. Has Shorten even managed a business before? Oh sorry he was a corrupt labor Unionist, that's good enough for the average Aussie voter:xyxthumbs
Click to expand...

Where is your evidence that Shorten was corrupt ? Have any charges been laid against him due to the Royal Commission ?

If you made that slur on tv I think you would be up for a defamation action.
 
SirRumpole said:
I agree that it's politically difficult to abolish things like negative gearing and CGT discounts introduced by previous governments but Labor has shown that it's prepared to take them on. It's also politically difficult to take on Family Tax benefits introduced by Howard during his profligate years and I give some credit to the Libs for recognising that that area is a problem.



Where is your evidence that Shorten was corrupt ? Have any charges been laid against him due to the Royal Commission ?

If you made that slur on tv I think you would be up for a defamation action.
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Ohhh, sorrrry...he was accused of being of corrupt Union offical:rolleyes:
 
noco said:
A couple of POVs along with many more on that link.



Here is a fact.

[/B]
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Labor inherited $39.9 billion from Howard when Hawke gained office. Labor gave Howard back his $39.9 billion debt plus another $56 billion to square the ledger, with inflation thrown in:

Score 1 Lib 1 Lab

Howard sold off Labor Party innovated utilities asset worth $72+ billion and no income offset just sold off the farm leaving $24 billion left to pay down. Costello sold off most of our gold reserve for 20% of it's value today; face/palm moment right there.

So Labor policy in setting up Telstra, etc effectively bank rolled Howard's debt to the tune of $72bn - $56bn = $16bn dollars.

How does that grate ? ;)
 
SirRumpole said:
Where is your evidence that Shorten was corrupt ?

.
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Did he know Gordon Grech too...small world?

Who was that lifetime Liberal bloke (Slipper?) who solicited young men and finagled $954 out of the govt instead of going for the Liberal Bronny Bishop golden ring of $93,000 for chopper rides et al.

I wasn't aware Shorten was found guilty of anything other than not promising to put his enemies from the witchhunt the commission and from the LNP through a similar rinse cycle ... all for the good of Oz of course.
 
Tisme said:
Did he know Gordon Grech too...small world?

Who was that lifetime Liberal bloke (Slipper?) who solicited young men and finagled $954 out of the govt instead of going for the Liberal Bronny Bishop golden ring of $93,000 for chopper rides et al.

I wasn't aware Shorten was found guilty of anything other than not promising to put his enemies from the witchhunt the commission and from the LNP through a similar rinse cycle ... all for the good of Oz of course.
Click to expand...

Indeed. A lot more bastardry on the LNP side lately. Who was Mal Brough again ? Arthur Sinodinus ?
 
SirRumpole said:
Indeed. A lot more bastardry on the LNP side lately. Who was Mal Brough again ? Arthur Sinodinus ?
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No I think they being let go so they can be proved Labor ringins.

Listening to that Belgian fella this morning, apparently it's Bill Shorten's fault the LNP is giving tax cuts to the wealthy and capping super at $1.6m...it's Bill's policy if it goes south apparently
 
SirRumpole said:
The Liberal Party is splitting down the middle.

Members of the Right faction want the Lib member for Eden Monaro to lose because he apparently supported Turnbull, and now the member for Lindsay Fiona Scott is being attacked as being a traitor.

Ho, ho ho, if you can't govern yourselves, you can govern the country.

http://www.abc.net.au/news/2016-05-...tensions-overshadow-election-campaign/7404450
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I think this is a disgruntled ex PM playing his hand via his buddies. The flavour of upcoming Newscorp papers will reveal if Malcolm must be sent to coventry.

I'm rather excited at the prospect of Tanya getting beat :D
 
CanOz said:
I see the ABC's noon headline, something like "Turnbull cancels campaign events as leadership tensions resurface" is a crock of rubbish.

I used to love the ABC, when i lived here before it seemed truly unbiased. The labor party doesn't need to advertise as much now though, as long as they have the ABC. This is disgraceful, almost as bad as Fox in the US.

I have to listen to the likes of Ross Greenwood just to put some bloody balance back into things....what a f'in country!:banghead:
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I thought Fiona Scott handled the question well. She's under no obligation to publically say how she voted.

There's a range of reasons why Malcolm Turnbull cancelled a later walkthrough of a shopping centre. What's more serious is that the whole issue illustrates that to some extent at least, an element of the party haven't healed from last year's leadership spill.

Malcolm must be wondering when that political survival instinct will kick in with that element of the Party. With some of the conservative commentariat such as Andrew Bolt, I've reached the conclusion that there's a preference for Labor to win the election over Malcolm Turnbull. If the conservative element of the party is ultimately of the same view, they'll get their wish.

On other matters candidates, the following is a bit of a shocker for Labor,

http://www.abc.net.au/news/2016-05-11/labor-candidate-chris-brown-disendorsed-by-alp/7406100
 
I see the ABC's noon headline, something like "Turnbull cancels campaign events as leadership tensions resurface" is a crock of rubbish.
Click to expand...

Why is it a crock of rubbish, that's exactly what happened.
 
SirRumpole said:
Check post 112 I'm sure that will warm your heart.

:rolleyes:
Click to expand...
I'm not writing the government off. What I posted above was an if-then scenario.

Bill Shorten and Labor have a number of issues of their own, one of which I highlighted in the post above and another, greater problem, highlighted in the asylum seeker thread.
 
The media is certainly making a fuss about Malcolm not being accused of wrong doing in regard to the Panama Papers :D

Let's hope he gets over the spell of the vapours from yesterday's botched interview with Fiona Scott in tow. I'm glad Fiona isn't leaking from the party room any time soon.

Professional pollies....gotta love 'em :rolleyes:
 
drsmith said:
I'm not writing the government off. What I posted above was an if-then scenario.

Bill Shorten and Labor have a number of issues of their own, one of which I highlighted in the post above and another, greater problem, highlighted in the asylum seeker thread.
Click to expand...

voting for either feels like :banghead:

wheres good ol' palmer?
 
Ronald Reagan, pioneer of trickle down economics US President 1981-1989

Malcolm Turnbull/Scott Morrison, promoters of trickle down economics.

The graph below of US National debt is a horrifying portent of what could happen to us if Reagan's policies are implemented here.

inflation.gif
 

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