Australian (ASX) Stock Market Forum

The World is on the brink!

Unfortunately it worked so well over there our own captains are emulating the worst aspects of it in their attempt to let freedom reign for those with cash and slavery for those who are too lazy or too far from power and privileged to enjoy all them user-pay where it's obvious, and payers can't get "hand outs" when they most needed it.
Capitalism has wealth for those that take advantage of it. The rest of us help make it work. Filing for bankruptcy is a way out if things go wrong and American Presidency is a reward. How many people do you think he hurt along the way? You will never right all the injustices in the world and if there is a financial payoff people will turn a blind eye. It is ALL about money.
 
healthcare can bankrupt you,
That can work two ways in Aust. It can be an incentive for people with low self health habits to look after themselves. For those that do care for their health it can be a real annoyance especially when one has payed for example $1500/year insurance (medicare) and still have to fork out on top of that albeit with a percentage reimbursement for some services.
 
That can work two ways in Aust. It can be an incentive for people with low self health habits to look after themselves. For those that do care for their health it can be a real annoyance especially when one has payed for example $1500/year insurance (medicare) and still have to fork out on top of that albeit with a percentage reimbursement for some services.

Some illness you just can't exercise away man. Some injuries and accidents; old age and other physical frailties... can't prevent it, not even with Olay and that "because you're worth it" concoction.

I'm not sure why anyone would rather pay the insurance companies "health insurance", then claim tax on it, but then don't like paying the same amount to a public system. It's not thought through properly.

Say you pay $1500 in premium.. .and you don't use most of it each year. That premium goes directly into insurer's pocket. But the same premium you pay through Medicare will at least help some other Australian in need of it.

But there's that rebate or whatever... But if you're a taxpayer, isn't that just taking money out of your own pocket?

But it's other people's money out of their own pocket... yea true. So it's everyman for himself and while it's good for you now, there might be a time in some distant future where you're broke, got a few kids that's ill, family members in need of some treatment... can't afford health insurance and Medicare is a distant memory. Then what? Exercise?

Some things are better if they're socialised. And that's not because it's some ideology bs... we live in a society, where we can we ought to socialise a few things, take care of a few other people.
 
Capitalism has wealth for those that take advantage of it. The rest of us help make it work. Filing for bankruptcy is a way out if things go wrong and American Presidency is a reward. How many people do you think he hurt along the way? You will never right all the injustices in the world and if there is a financial payoff people will turn a blind eye. It is ALL about money.

Seem that Trump's past 70 years of screwing people over was just his beginning. His cabinet picks so far have an estimated wealth of $US17B.. Once these guys are sworn in, that's about $2B in potential tax revenue he just lost for the country. Then the looting will really start.

Don't think the kind of capitalism out there at the moment are that idealised entrepreneurial, risk taking, innovating, garage start up kind of stuff. They're just risk miminised, corporate welfare bailout kind of business where the captain of industry get to keep all the profits they make, but taxpayers will pick up the tab if something goes wrong.

It's almost like those guys wrote the rules themselves and have some idiot sign it.
 
Some things are better if they're socialised. And that's not because it's some ideology bs... we live in a society, where we can we ought to socialise a few things, take care of a few other people.
Yes I agree but people abuse the free stuff. What about the overpayment of 4 billion dollars to welfare recipients. That 4 billion is probably conservative since the money missing is only what they know of. People rip the system. It's a fact. It's the lucky country mentality where I do the work and you enjoy a good life.
 
Yes I agree but people abuse the free stuff. What about the overpayment of 4 billion dollars to welfare recipients. That 4 billion is probably conservative since the money missing is only what they know of. People rip the system. It's a fact. It's the lucky country mentality where I do the work and you enjoy a good life.

It's not free. It's paying now with expectation to use it for "free" later when it's needed. Or use it for "free" now but pay later when we earn income.

Just like when we were young and have no kids but our tax dollars fund somebody else's kids education. Then when we have kids but theirs are grown, etc. etc.

If the gov't does stupid things like playing with, threatening, or are breaking that social contract... then nobody would want to pay tax. Not that people want to pay tax anyway, but if gov't keep demanding taxes but start removing social services... there's only so long they can do that kind of crap before the plebs start to realised that it's time for a change.

If those $4B are known to be overpaid, trust me, it will be reclaimed.

It's a bit unreal to here gov't acting like they're weak innocent victims being taken advantage of by the nasty welfare bloody suckers.

What can't be reclaimed are those oil and ores being shipped off for dirt cheap, with profits stored offshore and our Gina telling us we ought to cut more taxes for her kind of business so they'd then have more to trickle down to us.
 
Yes I agree but people abuse the free stuff. What about the overpayment of 4 billion dollars to welfare recipients. That 4 billion is probably conservative since the money missing is only what they know of. People rip the system. It's a fact. It's the lucky country mentality where I do the work and you enjoy a good life.


All people are corrupt.
It is human nature.

Is has been the same of human history.
Only the shades change

Pensioners with $$$$+ exempt houses
Multinationals avoiding taxes
Taxes supporting bailouts
CEO's,Lawyers and Doctors pay packets
People doing cash jobs


One just chooses the level they are comfortable with.
 
All people are corrupt.
It is human nature.

Is has been the same of human history.
Only the shades change

Pensioners with $$$$+ exempt houses
Multinationals avoiding taxes
Taxes supporting bailouts
CEO's,Lawyers and Doctors pay packets
People doing cash jobs


One just chooses the level they are comfortable with.


People are self-interested, not really corrupt.

Way I defined it, corruption are self-interested behaviour done when you are entrusted with responsibilities other than your self-interests. Hence, politicians being public servants, being leaders of the state and head of the country... they ought to abandon their self-interests and use that office to advance the interests of the nation, not their own. To do otherwise is corruption, legal or otherwise.

Or take CEOs... their job description is to advance shareholders interests. If they start to play nice and go all sweet on hippies and the community at the expense of shareholders, they're corrupt. Hence, capitalism where you pass costs on to others and take the bottom line as the last measure is awesome.

Now... this is why it's being driven into the dumb plebs of Western democracies that all these nice socialism stuff are all bad for them. Welfare is bad because they're only for druggies and Muslims and poor people; who not only use it to live in luxury but cheats it. So why welfare? Get that old granny back to work and that kid idling around to do a few jobs since one ain't going to pay his way to a mortgage.
 
People are self-interested, not really corrupt.

Way I defined it, corruption are self-interested behaviour done when you are entrusted with responsibilities other than your self-interests.
Communication would be confusing with out definitions and I do get your point but money is at the core. Be that the dole bludging welfare cheat or a billion dollar Funds Manager

corrupt
kəˈrʌpt/
adjective
  1. 1.
    having or showing a willingness to act dishonestly in return for money or personal gain.
 
People are self-interested, not really corrupt.

Way I defined it, corruption are self-interested behaviour done when you are entrusted with responsibilities other than your self-interests. Hence, politicians being public servants, being leaders of the state and head of the country... they ought to abandon their self-interests and use that office to advance the interests of the nation, not their own. To do otherwise is corruption, legal or otherwise.

Or take CEOs... their job description is to advance shareholders interests. If they start to play nice and go all sweet on hippies and the community at the expense of shareholders, they're corrupt. Hence, capitalism where you pass costs on to others and take the bottom line as the last measure is awesome.

Now... this is why it's being driven into the dumb plebs of Western democracies that all these nice socialism stuff are all bad for them. Welfare is bad because they're only for druggies and Muslims and poor people; who not only use it to live in luxury but cheats it. So why welfare? Get that old granny back to work and that kid idling around to do a few jobs since one ain't going to pay his way to a mortgage.
Communication would be confusing with out definitions and I do get your point but money is at the core. Be that the dole bludging welfare cheat or a billion dollar Funds Manager


A rose by any other name will still smell as sweetly.

Corrupt, self interest, gaming the system, surplus.

It just describes people gaming the system for their own game at the expense of the honest people, who just go about their own business.

Not thinking about loopholes or how to get as much money as they can from the government or the organisation they represent. At the expense of others.

It reminds me of a study on monkeys bodies where the alpha male was healthy and had a strong bone structure and the monkeys lower down the chain had more brittle bones and unhealthy organs.

We are still the same but getting there, hopefully the tide of progress continues to raise all boats, even at different rates.

You just have the accept that people are corrupt and do the best you can.
 
A rose by any other name will still smell as sweetly.

Corrupt, self interest, gaming the system, surplus.

It just describes people gaming the system for their own game at the expense of the honest people, who just go about their own business.

Not thinking about loopholes or how to get as much money as they can from the government or the organisation they represent. At the expense of others.

It reminds me of a study on monkeys bodies where the alpha male was healthy and had a strong bone structure and the monkeys lower down the chain had more brittle bones and unhealthy organs.

We are still the same but getting there, hopefully the tide of progress continues to raise all boats, even at different rates.

You just have the accept that people are corrupt and do the best you can.


Not really.

Self-interested people can be convinced to do what is good for both themselves and others; corrupt people do things that enriches themselves alone, leaving the costs for someone else to pick up.

Say we're not psychotic but are self-interested... As long as we're not being screwed over, other people being helped or living in health and safety... that's all good. We might even find it to our own personal benefit that the kids across the streets are educated, have a good future ahead, are not sick and be looked after... all because if that bastard were not in school, he might be out there pushing drugs and breaking into houses like ours. So we're willing to have some of our tax dollars helping the other guy out.

If we're psychotic, i.e. corrupt... we not only want everything, but even if there are things we don't really want or need... we still want it anyway and do not want other "less deserving" parasites to have it. Why? Does it do us any harm? Does more tax and welfare cheques into our corporations make any difference to our lifestyle and millions already at the bank? Nope... so why do we care that people have some welfare, widows and orphans not having a trust fund ought to get off their behinds and head to the coal mine.

People who does that for kicks aren't normal.
 
Not really.

Self-interested people can be convinced to do what is good for both themselves and others; corrupt people do things that enriches themselves alone, leaving the costs for someone else to pick up.

Say we're not psychotic but are self-interested... As long as we're not being screwed over, other people being helped or living in health and safety... that's all good. We might even find it to our own personal benefit that the kids across the streets are educated, have a good future ahead, are not sick and be looked after... all because if that bastard were not in school, he might be out there pushing drugs and breaking into houses like ours. So we're willing to have some of our tax dollars helping the other guy out.

If we're psychotic, i.e. corrupt... we not only want everything, but even if there are things we don't really want or need... we still want it anyway and do not want other "less deserving" parasites to have it. Why? Does it do us any harm? Nope... so why do we care that people have some welfare, widows and orphans not having a trust fund ought to get off their behinds and head to the coal mine.

People who does that for kicks aren't normal.

Does more tax and welfare cheques into our corporations make any difference to our lifestyle and millions already at the bank?

I don't have millions in the bank. If you don't care about your millions then give me some money.


Yes High personal income tax burdens

Yes Deficit levies, if we keep going on or economic flow on effects

yes opportunity cost of the funds being used in beneficial activities

yes Wasteful bureaucracy pushing paper around, instead of meaningful production

Every person is not immune from the greed at some point.

so why do we care that people have some welfare,

It is not some people, it is major wroughting of people who do not need it.

Have you seen Australia's expenditure on welfare??
 
I don't have millions in the bank. If you don't care about your millions then give me some money.


Yes High personal income tax burdens

Yes Deficit levies, if we keep going on or economic flow on effects

yes opportunity cost of the funds being used in beneficial activities

yes Wasteful bureaucracy pushing paper around, instead of meaningful production

Every person is not immune from the greed at some point.



It is not some people, it is major wroughting of people who do not need it.

Have you seen Australia's expenditure on welfare??


Welfare for corporations or for the Sheiks around Bankstown and Lakemba?

As I've said over the years, if the country does not spend its taxpayers cache on welfare for the people, then what is it supposed to spent it on?

So I don't really mind corporate welfare either - corporations are people too. Just make sure that those welfare cheques pays a dividend. i.e. if the likes of BHPs were to get concessions, maybe it's only fair that they bloody pay a fair share of the earnings they mined. Not have loopholes where they make less profit (hence less tax) by selling it to their subsidiary (in another low taxed foreign country) which then jacked the profit up on the same cheap stuff as it transit to China and other suckers.

If you think about it, we're being fed bs so that we'll want things that will eventually screw us. Unless we're heir to some great fortune, or just big enough that we'll never ever need to worry about money... the idea that we're to pay our taxes but expect nothing in return... how did we ever really buy into that kind of rubbish?

Oh yea, the gov't cut our taxes by a pip, then they take it back again through privatisation of all public monopolies. Take it back when our kids, our relatives kids and ourselves needing to pay for everything luxurious like healthcare and proper education and training.

That and of course whistling that all these welfare are for the lazy, coloured, cheats... That it's for everyone else but "us" - the good guys who don't want anything from the gov't.

It's like some jackass were to tell us, after we've paid them our money, that ey... they can't really provide us anything in return because come on... Muslims are taking over man. But here's two bucks in return. Come again next year.
 
As I've said over the years, if the country does not spend its taxpayers cache on welfare for the people, then what is it supposed to spent it on?

If there are more job seekers than jobs then people need welfare as long as they are willing to accept and keep a job when it's offered.

We don't need to offer middle class welfare like negative gearing, family tax benefits and superannuation concessions to people who don't need it.

I'm with you a bit on corporate welfare if it's to help our industry compete on a level playing field ie to offset subsidies that other countries give to their farmers/industries etc.

There is good and bad welfare . Unfortunately we are letting too many people into the country who will inevitably end up on welfare.
 
If there are more job seekers than jobs then people need welfare as long as they are willing to accept and keep a job when it's offered.

We don't need to offer middle class welfare like negative gearing, family tax benefits and superannuation concessions to people who don't need it.

I'm with you a bit on corporate welfare if it's to help our industry compete on a level playing field ie to offset subsidies that other countries give to their farmers/industries etc.

There is good and bad welfare . Unfortunately we are letting too many people into the country who will inevitably end up on welfare.

There's a lot more to job vacancies than with comparing them to the numbers of unemployed. There's location - we can't all afford to pick up and go work at some part time casual jobs out in the country, then move elsewhere later. There's skillset and training - something we're working hard to gutting the funding for. There's the "experience".

I can definitely guarantee you that Australia will not let in any migrant who even have a chance of being a bum. There are exceptions, but those would be family/marriage, refugee and other humanitarian grounds. No one gets to enter Australia just to live off of its welfare.

As to refugees being on the dole for life... the statistics just don't show that at all. For the first few years, for sure. A decade or two later and most would be opening some sort of small business or trade.. .then there's their kids. No kids from refugee background get to lounge around... that just does not happen. Their parents will be the first to kick their hinnies if they were to even think about not relaxing a little, taking it easy and enjoy the dole.
 
Welfare for corporations or for the Sheiks around Bankstown and Lakemba?

As I've said over the years, if the country does not spend its taxpayers cache on welfare for the people, then what is it supposed to spent it on?

So I don't really mind corporate welfare either - corporations are people too. Just make sure that those welfare cheques pays a dividend. i.e. if the likes of BHPs were to get concessions, maybe it's only fair that they bloody pay a fair share of the earnings they mined. Not have loopholes where they make less profit (hence less tax) by selling it to their subsidiary (in another low taxed foreign country) which then jacked the profit up on the same cheap stuff as it transit to China and other suckers.

If you think about it, we're being fed bs so that we'll want things that will eventually screw us. Unless we're heir to some great fortune, or just big enough that we'll never ever need to worry about money... the idea that we're to pay our taxes but expect nothing in return... how did we ever really buy into that kind of rubbish?

Oh yea, the gov't cut our taxes by a pip, then they take it back again through privatisation of all public monopolies. Take it back when our kids, our relatives kids and ourselves needing to pay for everything luxurious like healthcare and proper education and training.

That and of course whistling that all these welfare are for the lazy, coloured, cheats... That it's for everyone else but "us" - the good guys who don't want anything from the gov't.

It's like some jackass were to tell us, after we've paid them our money, that ey... they can't really provide us anything in return because come on... Muslims are taking over man. But here's two bucks in return. Come again next year.

Take it easy mate

Your gonna have a heart attack :s

I do not endorse your views of racism.

I think I have said enough.

Do not want to fuel the fire.
 
Take it easy mate

Your gonna have a heart attack :s

I do not endorse your views of racism.

I think I have said enough.

Do not want to fuel the fire.

Not to be a nazi about it, but I don't have any view of racism to endorse. People can mistake that to mean you think I'm a racist... which would be wrong because I don't trust nor like anyone of any race, all equally :D

Heard a piece of wisdom from this comedian with a show on YouTube... that each time you find yourself punching down on people lower on the ladder than you, you're being tricked by some prick higher up than you. And who probably held the same view towards you as you do towards those below you [I added the last bit]
 
Yes Rumpy it's all there for all to see but it's like watching grass grow, it will happen just like the bursting of asset bubbles when we least expect it but I don't think we'll have to wait more than 12 months
 
The most likely origin of WW3 will be when North Korea establishes a ICBM capability with a nuke. The US (and partners) respond. This will happen around Jul, 2018. Then, everyone takes sides. We're on the winning side at the moment.
 
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