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Gina Rinehart: "spend less time drinking or smoking and socialising"

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That cartoon and other media commentary supports Bellenuit's proposition that she would be taken out of context and her comments twisted.
And the Labor party talks about "the hate media"!
 
No wonder she doesnt do interviews, I wasnt impressed by how she talked, plumb in mouth
 
Julia said:
That cartoon and other media commentary supports Bellenuit's proposition that she would be taken out of context and her comments twisted.
And the Labor party talks about "the hate media"!
Click to expand...

Yes, I think so too, regarding Bellenuit's post earlier in this thread illustrated this clearly with the ABC clipping a few quotes.

We live in 'here and now' society. Sadly, most news/media outlets pretty much want their 10 seconds of fame, have an attention grabbing headline to draw viewers in and up their ratings.
 
Julia said:
That cartoon and other media commentary supports Bellenuit's proposition that she would be taken out of context and her comments twisted.
And the Labor party talks about "the hate media"!
Click to expand...

She was not taken out of context, watch the video, she has contempt for Australia's working class.

Rinehart
"especially as we are a high wage country competing against low wage ones"
translates to "I wish daddy had staked that claim in Africa".

Rinehart wants a special Northern Economic Zone with less (read no) regulation and lower taxes. HELLO GINA, what do you think the rest of Australia wants? Do you think we want special exemptions and conditions for you, while we have to carry the burden of greater regulation and higher taxes?
 
Julia said:
Disagree. You have become too used to the ghastly tones of the Prime Minister.
Click to expand...

Hardly...No she comes across as not too smart and very affected, sort of s false affection, she's not used to public speaking I guess.
 

She seems out of touch with the real world, strange, makes me think she doesnt run the place she would be surrounded by people who tell her what to do.
 
"especially as we are a high wage country competing against low wage ones"
Click to expand...
It's not up to me to defend Ms Rinehart or anyone else, but the above comment is a statement of fact.

Of course anyone who dislikes the woman for whatever reason will manage to apply their own bias to it.
 
Julia said:
It's not up to me to defend Ms Rinehart or anyone else, but the above comment is a statement of fact.

Of course anyone who dislikes the woman for whatever reason will manage to apply their own bias to it.
Click to expand...

Yes I agree. There is no doubt that issuing the video was a mistake of judgement. This is the third Gina Rinehart hate thread on this forum and anything she says or does seems to attract her lunar-left enemies like vultures to a carcase. As Terry McCrann said :

"Gillard's $2 a day smear was simply ludicrous. Yes Rinehart is an attractive hate figure. She makes a great political pinata for Gillard, her treasurer Wayne Swan and assorted cronies in the media."

Any suggestion that she was calling for wage cuts in Australia is a malicious lie.
 
Calliope said:
Any suggestion that she was calling for wage cuts in Australia is a malicious lie.
Click to expand...

While I agree she was not calling for $2 wages/day or even maybe $9/hour wages, it's hard to call the suggestion that she wants wages cut in Australia "a malicious lie".

From the horse's mouth...


http://ipa.org.au/publications/2081/let's-get-back-to-our-roots
 
The richest woman in the world, the woman who inherited her unimaginably vast fortune through no merit of her own, the woman so greedy that she takes her own children to court to stop them getting their own money, this woman wants to set up a special zone in Australia where she can import cheap African workers to make some tiny increases in her already huge wealth ... and you defend her?

Unbeliveable.
 
Why do you or I have to pay higher taxes if we better our position in life?

Why do I as an employer have to pay PAYROLL tax because I employ MORE People?

Why do I pay Fringe benifits tax because my staff take their company car home---at my expense?

Why cant I trade insolvently like most Govt's in the world today---and remain in business?

Why do I have to pay 100% increases on my rates because property went up 300%
and council does nothing more or differently than years ago?

Why do those who DONT WANT TO WORK not have to work for the dole?

Why do I have to prepay my taxes based upon last years profits?

Why indeed HOW do politicians get 30% wage rises---yet depress anyone who wants similar?

And your complaining because someone thinks more people should get off their Fat backside and actually be productive!

THAT is unbelievable.
 
Tannin said:
The richest woman in the world, the woman who inherited her unimaginably vast fortune through no merit of her own
Click to expand...

I think you meant to say....
Gina inherited some $70-$75 million in cash and a few iron ore tenements when her father died (Lang Hancock).
She signed a JV (joint-venture) between her company (Hancock Prospecting - inherited) and Rio Tinto, in 2005 to develop the Hope Down(s) mine.
Hancock Prospecting receives 50% profit from this mine which Rio Tinto operates.
She is now worth ~$20 billion.


1) Gina was lucky with the price of iron ore (very lucky) - commodities boom - see chart below
2) She is in a legal battle with her kids over the control of Hancock Prospecting
3) She seems to be a b!tch to a lot of people, and is outspoken
4) Not that I agree with what she says all the time, but good on her for making so much money and taking advantage of the commodities boom. Would you have not done the same?
5) Iron Ore is Australia's biggest export @21% of all exports followed by coal @15% (ANZ Research, 05.09.12)

Iron Ore Spot Price (20 year)


(Disclaimer - I could be wrong on a couple of points, I apologise in advance)
 
(For some technical reason I don't understand, the system won't let me post in one go, so please excuse the multiple posts that follow.)

tech/a said:
Why do you or I have to pay higher taxes if we better our position in life?
Click to expand...

Your facts are wrong here, mate. Wage earners pay higher taxes when they better their incomes, billionaires pay very little. The most famous example of this is from the USA where the world's all-time most successful investor, a man worth US$44 billion confessed that he pays less tax than the secretary who types his letters. Australia's mining barons are the same - except they lack the honesty to say so. Overall, mining is responsible for 30% of corporate profits in Australia, but pays only 15% of corporate taxes.
 
tech/a said:
Why do I as an employer have to pay PAYROLL tax because I employ MORE People?
Click to expand...

I agree. It is quite mad. State governments of both major parties have maintained our idiotic payroll taxes for many years. Why people get upset about taxes on harmful things like tobacco and carbon and alcohol but don't get upset about taxes on good things like employment (state payroll tax) and wages (federal income tax) .... it beats me.
 
tech/a said:
Why do I pay Fringe benifits tax because my staff take their company car home---at my expense?
Click to expand...

Because you are providing the car as part of their overall salary package. Fringe Benefits Tax was introduced to stop people like you rorting the system by diverting wages into tax-free benefits like company cars, free private school education, and lavish meals and entertainment allowances. If you don't like paying FBT, simply do the honest thing and pay your people with real money.

tech/a said:
Why do I have to pay 100% increases on my rates because property went up 300% and council does nothing more or differently than years ago?
Click to expand...

Several reasons. The main one, certainly in my part of the world, is that the council is hell bent on increasing the population of the city - despite the ratepayers being strongly opposed to that on quality of life grounds - and they need vast amounts of money to fund capital expenditure on infrastructure and services for all these extra people. But there are many other reasons which vary from place to place.
 
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