Australian (ASX) Stock Market Forum

The ScoMo Government

Let's not go there, or I will have to trawl back to what labor started bagging as soon as they lost office, yet had two terms to change the exact issues. We had a lot of tooing and throughing about it when Labor lost office.
I'm all for putting Labor in, a lot of nasty stuff needs to happen and Labor can do it.
But to put the boots into Scotty when he is curled up on the ground, trying to get up, is a bit uncalled for. lol

Whenever you say "but Labor did..." just remember that they have spent two terms out of office as penance, and now it's time for the LNP do theirs.
 
Whenever you say "but Labor did..." just remember that they have spent two terms out of office as penance, and now it's time for the LNP do theirs.
I think the next election will be a massive landslide, everyone is sick to the teeth of fringe dwellers holding up Australia, I really hope there is a MASSIVE majority in both houses.
The last two terms have been held to ransom, and it is hopeless.
The worst thing Abbott did, was to renege on his commitment to call another election, if he didn't have a majority in both houses.
It was his downfall and he deserved it, the people wanted a decisive Government, he didn't provide it and he is still paying for it.
Now we need labor to get in and stiff everyone, get some silly warm feel good really expensive stupid $hit happening, then the Libs get another go. lol
 
I think the next election will be a massive landslide, everyone is sick to the teeth of fringe dwellers holding up Australia, I really hope there is a MASSIVE majority in both houses.
The last two terms have been held to ransom, and it is hopeless.
The worst thing Abbott did, was to renege on his commitment to call another election, if he didn't have a majority in both houses.
It was his downfall and he deserved it, the people wanted a decisive Government, he didn't provide it and he is still paying for it.
Now we need labor to get in and stiff everyone, get some silly warm feel good really expensive stupid $hit happening, then the Libs get another go. lol

I agree, the freak show in the Senate is paralysing.

Unfortunately we are stuck with Pauline for 3 more years.
 
I just want to see good policy, I don't care where it comes from, it can't work when you have a minority holding everything up.
The economy and the World doesn't stop, just because Australia panders to fringe dwellers in the Senate.
It really is Abbott's fault, he should have called another election, but didn't. So he has no one else to blame but himself.
What Labor are suggesting will fix the economy, but it will screw over the working man IMO, but hey that is what happens, they love it.
Then when they wake up, it is a done deal and the Libs get back in, but nothing gets undone.
Jeez I wouldn't mind a dollar, for every time I've seen this happen, in my life.
But the worker has had it too good, it wasn't long ago we were talking about the girl at the front of Bunnings, discussing the latest investment property they had bought.
That shouldn't be the norm.
 
Off and racing. SloMo no more. A Royal Commission into Aged Care.
Well like I said, the only plus the Libs have is silly Billy, this is from the SMH so it would be leaning to Billy.
I mean, why wouldn't the electorate be warming to Billy by now, they have seen a lot of him, heard a lot from him, but they still hate him.
He has been the leader for what five years, and is more on the nose than Abbott, that isn't good.
I'm really suprised, the media hasn't ripped him another bum, why isn't he popular he says he has all the answers.lol
https://www.smh.com.au/politics/fed...-behind-malcolm-turnbull-20180916-p5044t.html

It will be interesting to see the polls, early next year, it should give an indication by Feb.
 
d
Yes Knobby, if Labor call it yippe yi yay, if Libs call it then it is just a good distraction.

Yesterday you were saying they were doing fluck all, today they announce a Royal Commission, and you say they are taking the pizz. lol

Yes, you are right, I am being cynical and lacking in enthusiasm for it all.
The 4Corners documentary is tonight. It won't be good as we all know the sector is stuffed. This is what has caused this crisis for the Government hence the call for a Royal Commission.

Maybe a Royal Commission is the answer but they seem to be continuous at present. Governments appear to no longer try to come up with answers; they go to a Royal commission and get someone else to tell them. Maybe it is getting too complex to govern or maybe lawyers and ex government advisors of which most of our ministers are by career are not trained to work out problems. I don't know.

One thing I do know, the misery from this Commission is going to be up there with the worst of some of the recent ones. Some of the stories I have seen are pretty awful, something like a 1/3 of residents slowly starve on the food given. Maybe this will cause some change for good. Maybe this is the best action.

(cynical me again) Gives them something to do in Parliament for the rest of the year since they don't seem to have any leglislative agenda. when does the banking commission finish? That could get them busy.
 
Last edited:
d

Yes, you are right, I am being cynical and lacking in enthusiasm for it all.
The 4Corners documentary is tonight. It won't be good as we all know the sector is stuffed. This is what has caused this crisis for the Government hence the call for a Royal Commission.
My wife worked as an RN in nursing homes, her whole career, some are good, some are very average and some are downright disgraceful.
I think there has been tighter regulation of them over recent years, thirty years ago it was terrible, from stories my wife told me. The management or owners, wanted everything done for minimum cost, with minimum staff.
 
My wife worked as an RN in nursing homes, her whole career, some are good, some are very average and some are downright disgraceful.
I think there has been tighter regulation of them over recent years, thirty years ago it was terrible, from stories my wife told me. The management or owners, wanted everything done for minimum cost, with minimum staff.

I was involved in some nursing homes in Perth back in the day and I was rather put off then with the men in urine soaked wheel chairs, many of them old diggers from WW1. Then later (80's) I went to a major establishment in north Brisbane and it was worse; one of the old fellas spoke to me about wanting rule 303 enforced to put him out of his misery. Things must have changed for the better surely.

Keeping old people around after their bodily functions have given up the ghost is cruel IMO and some thought to a dignified departure to a spiritual place would be humane.
 
Keeping old people around after their bodily functions have given up the ghost is cruel IMO and some thought to a dignified departure to a spiritual place would be humane.

IMO the families can't bear to lose their parents or grandparent and so carry on the treatments longer than they should, putting off the evil day.
 
It seems to me the Liberal Party has the same stench of bullying as the CMMFEU.

Disappoint them and you'll never look at a strawberry the same way again.

The CMFEU has roots back to 1863, the Liberal Party 1944. Both are unions, but the Libs are still adolescents by comparison and going through their difficult years before maturation.
 
The CMFEU has roots back to 1863, the Liberal Party 1944. Both are unions, but the Libs are still adolescents by comparison and going through their difficult years before maturation.

Meanwhile, the CMFEU are well established gangsters. :)
 
Keep and eye on the Nationals....Barnaby possibly doing a Lazarus, but opponents wheeling out the dirt e.g. WA business women sexually aggrieved resurfacing and infighting occurring
 
It will be interesting to see the polls, early next year, it should give an indication by Feb.

It looks as though Morrison is picking up in the preferred P.M stakes, and they pegged back a couple of points in the preferred party, looks like Billy's going to have to find his tongue or they could loose the unlosable election. :eek:
The problem is most people, are just looking for an excuse, not to vote for Billy. IMO
It won't be hard for Morrison to peg them back, with an improving economy, just have to keep people focused on Bill.:xyxthumbs
At least it won't be just a boring formality, as it would have been, under Turnbull.
There may be some life left in this battle yet. :2twocents
 
Another thing I'm noticing, certain sections of the press are starting to scramble, for articles.
It will be interesting over the next month or so. IMO
 
It is good to see some of labor's policies, are starting to reflect on the positive side of the ledger for the coalition.
https://www.smh.com.au/politics/fed...ding-drive-strong-budget-20180925-p505uy.html

From the article:
The single biggest saving was the lower than expected numbers of participants entering the National Disability Insurance Scheme. Increasing the aged pension to 67 also saved $900 million in payments, while there was $4 billion in lower than expected spending on people with disabilities.


Julia made it much harder to get disability payments, that has saved a fortune apparently.
Now from the article, our economy is growing really quick and labor want to to plunder and pillage, I think the tide is turning.

From the article:
In the past month, ratings agency S&P has removed Australia's negative watch rating and the national accounts showed the strongest economic growth since the global financial crisis - the last time Australia recorded a surplus.( That's pre Rudd/Gillard/Rudd/Swann, for Rumpy and Tisme info) My input.lol

"Since coming to office we've kept spending real growth down to 1.9 per cent which is the lowest of any government in 50 years," Mr Frydenberg said. "But we cannot be complacent.

Labor, which has proposed up to $200 billion in budget saving measures, accused the government of abandoning its core principle.

"Simply saying the ‘economy’ or ‘growth’ will pay for new spending or tax cut plans is no plan for a sustainable budget repair strategy," said shadow treasurer Chris Bowen
.

Sounds like Labor have decided on a feeding frenzy, on the taxpayer, can't wait for the next installment.
 
Last edited:
Top