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KEVIN RUDD - Wins the Australian Federal election!

Re: KEVIN RUDD - Wins the Australian Federal election !

lol enjoy this ****ry run by sheilas and high interest rates ROFLMOA

Hey, Flying Fish - those are sorta sexist remarks there. :(:( I hope your mum isn't looking over your shoulder as you typed ...

I don't want to get personal here, but gee - get a life dude! Maybe go take a cold shower and stop crying about the result. Anyone with half an ounce of sympathy for the less well off in this divided society that the dumped "Dream Team" helped to create could have predicted the rersult. That Howard & Co. apparently refused to see this coming (evidenced by last night's comic refusal by Lib henchmen to admit what was happening in front of their own eyes) is not the fault of the MAJORITY that voted them out.

I think you should make an apology to all the female members of this forum who are likely going to be offende by your flippant and petulant remarks about their ability to partake in the process of government in this country.

And don't worry - as far as I could see when I got up this morning, THE SKY HADN'T FALLEN! ;)
 
Re: KEVIN RUDD - Wins the Australian Federal election !

Higher interest rates are usually accompanied by higher inflation which devalues the capital base. As a retiree I find that I have been worse off with the higher interest rates. It is like saying which came first, the chicken or the egg.
Personally I think we will all benefit from a change of government. :rolleyes:
The rub here is that the "real" inflation rate is higher than the fraudulent CPI says it is. This justifies rates higher than they currently are.

Here in the UK they "partly" tell the truth by having two separate measures of inflation - CPI & RPI.

If CPI has typically been 2.5% over the last year, RPI has typically been 4.5%. "Real world" inflation has actually been in the order of 6-7% (more for some sections of the population, particularly retirees). I suggest Oz is broadly similar if not worse.

This justifies rates @ circa 8% in both countries... real rates, once tax is considered, are negative... all to support the ludicrous RE bubble. Eventually, the west will shoot itself in the foot with this policy of negative rates, because ultimately, it won't save asset prices from deflation, and is an intentional debasement of currency.

A capital offense in the US believe.
 
Re: KEVIN RUDD - Wins the Australian Federal election !

Moderator Joe - I think this sort of childish abuse needs a final warning.

AJ
I think all us mods have cut a bit of slack, being such an emotive topic. But now we've all had a few hours to settle down, it's time for all to re-read the code of conduct and abide by the same.

Let's take it easy on each other folks.

Cheers
 
hello,

actually i think Workchoices will be the first thing Rudd backflips on, if you look at brumby's performance with the nurses the gov was very happy to ABIDE by the current IR rules

shouldnt Workchoices be thrown out on Monday?

julia got right, bugger all difference between lib & lab at the moment

not much will change

thankyou

robots
 
hello,

actually i think Workchoices will be the first thing Rudd backflips on, if you look at brumby's performance with the nurses the gov was very happy to ABIDE by the current IR rules

shouldnt Workchoices be thrown out on Monday?

julia got right, bugger all difference between lib & lab at the moment

not much will change

thankyou

robots

Workchoices will remain in until at least mid 2008 as it can still be blocked in the senate until then.
 
Re: KEVIN RUDD - Wins the Australian Federal election !

Warning, I am completely oblivious to all things political, (there was no poll option for Didn't vote!) but I can't help but think Rudd could have some kind of positive effect on the China boom and resources because of his diplomat history and speaking fluent Chinese? Couldn't this be a positive sign to china and assist in trading or something??

Like I said I have no idea, just wondering. so don't go flaming! ;)


I think your right Barnz ....

Ive said all along Rudd will be bullish for China Australia trade relations, the Chinese president has already extended an Invite to our esteemed leader Kevin to attend the Beijing olympics, the ex PM didnt receive the same offer of hospitality :D
 
hello,

actually i think Workchoices will be the first thing Rudd backflips on, if you look at brumby's performance with the nurses the gov was very happy to ABIDE by the current IR rules

shouldnt Workchoices be thrown out on Monday?

julia got right, bugger all difference between lib & lab at the moment

not much will change

thankyou

robots


Denial is a defense mechanism in which a person is faced with a fact that is too painful to accept and rejects it instead

http://en.wikipedia.org/wiki/Denial


Sorry for your Loss Robots,


Trouble making Liberals will control senate for a few months, during this period i predict Liberals will be nothing short of vexatious, but none the less its expected.

Then you can expect plenty of change! Some serious power held in the senate by the Greens and others, could be some conflict of interest.

The sun is shining so much brighter today, birds are singing, kids are laughing .... :D:D
 
LABOR targeted the young vote cleverly ,my 18year old daughter and friends seen Rudd on Sunrise ,Rove heard him on FM radio knew he was on Myspace and related to the Kevin07 campange so this bunch of first time voters thought her was cool and voted Labor:banghead:
 

"He (Rudd) said he would meet the premiers within 100 days to begin revamping the health system. The Kyoto Protocol would be ratified immediately and within a year there would be an interim target for reducing greenhouse gas emissions and the roll-out of national broadband would have begun".

I agree, numbercruncher! BUT.... can the hostile (until July Next year) Liberal controlled senate block any or all of these proposed policy implementations? Realistically, for the new Labor government there might be a very uncomfortable and vitriolic 8 months ahead of them in the Senate. Lib Nick Minchin said just that last night, to the effect that "no way have Labor got any mandate from the electors to implement policy changes such as Workplace or IR reforms" and that they would be looking to block any legislation that "might affect jobs".

So, good luck Labor - you will need plenty in the short term.

Of course, if the Liberal Senators try to get too clever by half in blocking everything in sight, they might build another Tsunami Wave of Labor support come the next election. Can PM Rudd (if the Govt is faced with a hostile blocking senate that refuses to pass just about everything put to them) go to the GG and call for an emergency half senate election for the continuing senators be granted - on the basis that the majority of Australia's voters have been gypped of their approved Labor mandate in the House of Reps?

AJ
 
not sure what the economists around here think - but I would have thought that raising the GST would be a good way to slow things down. Assuming it's important that we get on top of inflation.

possibly a two tier system that leaves
bread and milk and
public transport and
good greenhouse policies
(and other fiscal management tricks)
........ at a low or nil level

slows down spending on nonsense (plasma TVs etc)
hits the rich spendthrifts in the pocket rather than the strugglers
doesn't affect the exporters (where GST is refunded as it leaves the country
etc

Speaking of the need to help exporters - the high A$ is a killer. As someone said, with high A$, a heap of oncosts for employers (long service leave etc), removal of tarriffs, then we won't be able to export (anything other than resources) - and we'll ALL be out of a job !

I was in business with a couple of other blokes - houses mortgaged to the hilt - employed up to 36 in manufacturing - obviously the banks loaded up our interest rates based on the perceived risk (should be illegal - some of these big banks carry on like mafia loan sharks)

anyway, we received Export Development assistance from the govt (back in the pre Howard days) - what did it mean? - just the govt sent a letter to the bank saying i was ok to continue loaning us money - (they would gaurantee the loan "if, but, provided") - meanwhile the interest rates didn't change one iota ! - talk about smoke and mirrors. :2twocents

But like I say - GST was brilliant in giving exporters legal govt assistance - which was accepted as "ok" by the rest of the world ( if you recall the discussion of trade agreements in the 80's - level playing fields etc)
 
Well, I have already put my order in for the sticker:

DONT BLAME ME, I VOTED LIBERAL

The Y generation are about to learn what every generation learns; it is a steep learning curve, but a big chunk of Liberal voters will come out the other end.
 
- obviously the banks loaded up our interest rates based on the perceived risk (should be illegal - some of these big banks carry on like mafia loan sharks)
I mean, speaking about on-costs

does anyone think it's "right" or "productive" or "in the aussie interest" or "good for business" that ...

(maybe not at the moment - but a year or two back)

National Bank NAB was vying with BHP as to which was the biggest Australian :confused:

Banks are just parasites in all this (imo) :mad:
 
"He (Rudd) Can PM Rudd (if the Govt is faced with a hostile blocking senate that refuses to pass just about everything put to them) go to the GG and call for an emergency half senate election for the continuing senators be granted - on the basis that the majority of Australia's voters have been gypped of their approved Labor mandate in the House of Reps?

AJ


You cant have a half senate election without a double dissolution, the risk being that you will put under the hammer all of your seats in the House of Reps. You would want to be sure that you will not get a swing against you, as you may loose some of your governing majority.
 
Doh! I forgot that Rudd can actually call a double dissolution of both houses of Parliament if the Liberal Senate turns hostile on legislation he feels was mandated by the Australian electors.

Should I predict a return to the polling booth pre-July next year? :(

Or should I have faith that the Lib senators won't be too spiteful after the "shredding" of so many of their colleagues last night?


AJ
 
not sure what the economists around here think - but I would have thought that raising the GST would be a good way to slow things down. Assuming it's important that we get on top of inflation.

)

You've got to be kidding! Raising the GST will increase inflation!

Rudd has it right. At present most of the money goes to the Federal government who have more than they can spend yet State Governments are starved for cash to run hospitals etc. Rudd needs to improve Federation by working out a better system of managing the public infrastructure without duplication. It is an area he is a specialist in and with Labor states on all levels he may succeed. Upping the GST which is a regressive tax would just be dumb.
 
[
Of course, if the Liberal Senators try to get too clever by half in blocking everything in sight, they might build another Tsunami Wave of Labor support come the next election. Can PM Rudd (if the Govt is faced with a hostile blocking senate that refuses to pass just about everything put to them) go to the GG and call for an emergency half senate election for the continuing senators be granted - on the basis that the majority of Australia's voters have been gypped of their approved Labor mandate in the House of Reps?

AJ
Well, I hope the Liberal senators think carefully about allowing their bitterness to prompt them to block Labor's policies in the Senate. The backlash from the population against them for doing that would imo be considerable. Time to be reasonable now.
 
Well, I have already put my order in for the sticker:

DONT BLAME ME, I VOTED LIBERAL

The Y generation are about to learn what every generation learns; it is a steep learning curve, but a big chunk of Liberal voters will come out the other end.

Where do you get the stickers. I want one that says" THANK ME I VOTED LABOR"
 
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