Kevin Rudd

trainspotter said:

KEVIN Rudd presented Pope Benedict XVI with a leather-bound copy of the Australian parliament's motion of apology to the Stolen Generations during a 20-minute audience at the Vatican tonight. The Pope accepted the doucment and replied in Italian "Pulirò la mia parte inferiore con esso".

During the meeting in the ornately decorated library of the Papal apartments, the Prime Minister also gave the pontiff six bottles of De Bortoli Noble No 1 dessert wine in a small wooden crate. The Pope clearly distressed by this gesture replied in Italian "Voi a buon mercato bastardo. Dove è il buon farcisca"

"It's very sweet," Mr Rudd told the Pope as he presented the wine. "You should think of us when you are here in the Vatican on a warm summer's night." The Pope exploded with "Penserò voi, fronte della torta, quando lucido le mie sfere sudate sulla cassa di legno" in Italian yet again.

Now I am not much chop when it comes to Italian. Can someone out there translate for me please?

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trainspotter said:

Let me help you:-

http://babelfish.yahoo.com/translate_txt

Here is the link to decipher from Italian to English.

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The Pope gave Mr Rudd a signed copy of his recent Encyclical on truth and charity and a pen that replicates the design of one of the bronze alter columns in St Peter's Basilica.

"It's most beautiful, it's wonderful," Mr Rudd said as he examined the pen.

Before the meeting, Mr Rudd had said the Pope's encyclical that urged world leaders to give more consideration to ethics and values as they responded to the economic crisis was a welcome contribution "which all political leaders should take seriously and examine".

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Buddy said:

Huh???? "I will think you, forehead of the cake, when lucid my spheres sudate on the case of wood."

Sounds like something Krudd would say.

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trainspotter said:

"I will think of you, PIE FACE, when I rub my balls on the wooden crate."

The Pope was a bit off that day. Obviously confused from RUDDspeak.

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Alan Jones Comment - this is frightening:

......... a note that was sent to me which explains to me that the six leading members of the Government from Mr. Rudd down, the top six have a collective work experience of 181 years, but only 13 in the private sector.
If you take out of those 13 years the number that were spent as trade union lawyers, that total 11, of the 181 years only two years were spent in the private sector.

So the people who will rack up a net Federal debt of a minimum of $188 billion, the highest in our history, have virtually no experience in business.

So out of 181 years:

- no years spent running their own business
- no years spent starting their own business
- no years spent as a director of a family business or a company
- no years as a director of a public company
- no years in a senior position in a public company
- no years in a senior position in a private company
- no years working in corporate finance
- no years in corporate or business restructuring
- no years working in or with a bank
- no years of experience in the capital markets
- no years in a stock-broking firm
- no years in negotiating debt facilities with banks
- no years running a small business
- no years at the World Bank or IMF or OECD
- no years in Treasury or Finance.

But these people have plunged Australia into unprecedented debt, and now threaten to torpedo employee share schemes which they plainly don't understand.

Well, in a way you can't blame them. It's clear that the electorate did not do their homework, because the Government is there by right.

They were given a thumping majority to lead the country. It's just that no one seemed to ask, most of all the press gallery in Canberra, in what direction.




Ross Greenwood Quote:

Subject: From - Ross Greenwood of Money News]

Right now the Federal Government is at pains to tell everyone - including us the mug-punters to the International Monetary Fund that it will not exceed its own, self-imposed, borrowing limits. How much? $200 billion. And here's a worry. If you work in a bank's money market operation; or if you are a politician; the millions turn into billions and it rolls off the tip of the tongue a bit too easily.

But every dollar that is borrowed, some time, has to be repaid. By you, by me and by the rest of the country.

Just after 5 o'clock tonight I did a bit of maths for Jason Morrison. But it's so staggering its worth repeating now. First though ... here's what Chairman Rudd has been saying about - what he calls - these temporary borrowings. Remember those words ... temporary deficit . but the total Government debt could end up around $200 billion.

So here's a very basic calculation ... I used a home loan calculator to work it out ... it's that simple.

$200 billion is $200,000 million. The current 10 year Government bond rate is 4.67 per cent. I worked the loan out over a period of 20 years.

Now here's where it gets scary ... really scary.

The repayments on $200 billion come to more than one and a quarter billion dollars - every month - for 20 years. It works out we - as taxpayers - will be repaying $15.4 billion in interest and principal every year ... $733 for every man woman and child - every year.

The total interest bill over the 20 years is - get this - $108 billion.

And remember, this is a Government that just 18 months ago had NO debt . NO debt. In fact it had enough money to create the Future Fund to pay the future liabilities of public servants' superannuation ... and it had enough to stick $20 billion into the Building Australia Fund last year ...

Money News

Ross Greenwood Presenter

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trainspotter said:

I used to complain about the "handout welfare system" that we members of Banana Republic Land have become so used to. There I was working 14 hour days, 7 days a week for 11 years to try and get ahead. The ATO took more than their fair share which I expected it to come back to me in one way or another. It used to be some minority group or general layabouts that got given my tax dollars. Now that everyone (well, nearly everyone) has been given their Rudd money (equates to 30 pieces of silver really) it is hard to find a sympathetic ear. Nero fiddled whilst Rome burned.

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Buckeroo said:

But isn't karma great

Cheers

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Calliope said:

Do you mean we got what we deserved?

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Calliope said:

Do you mean we got what we deserved?

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Calliope said:

If it wasn't serious it would be amusing. When the chips are down Mr Rudd's special relationship with China and his fluent Mandarin count for nothing.

The Chinese have a way of bringing over-confident, big-noting clowns who get too big for their boots down to earth.

In the meantime Mr Hu pays the price for Rudd's arrogance.

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MrBurns said:

We know he's a tosser so I presume they do too, what's tosser in Mandarin ? so we can listen for it when he's grandstanding with them on the news.

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