How much debt is too much??


How many asylum seekers arriving per year is too much?

woof woof wrote on Apr 25^th, 2013 at 3:21pm:

How much debt is too much?? How many asylum seekers arriving per year is too much?

Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers.

SOB

woof woof wrote on Apr 25^th, 2013 at 3:21pm:

How much debt is too much??

$1.


Quote:

How many asylum seekers arriving per year is too much?

Doesn't matter.  It's how many are granted asylum that counts.

Sir Spot of Borg wrote on Apr 25^th, 2013 at 3:34pm:

woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB

do we do a budget forecast for the overstayers???

I didnt realize we fed and clothed them as well.

cods wrote on Apr 25^th, 2013 at 4:34pm:

Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well.

it's called detention... or do you propose we let them go free?

John Smith wrote on Apr 25^th, 2013 at 4:48pm:

cods wrote on Apr 25th, 2013 at 4:34pm: Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well. it's called detention... or do you propose we let them go free?

I was talking to sob you might try and respect that..

he was referring to overstayers not people in detention.

so hard to understand :o

woof woof wrote on Apr 25^th, 2013 at 3:21pm:

How much debt is too much?? How many asylum seekers arriving per year is too much?

Thoughts?

cods wrote on Apr 25^th, 2013 at 4:51pm:

I was talking to sob you might try and respect that he was talking to woof woof, why didn't you respect that? ..he was referring to overstayers not people in detention .so hard to understand

apparently it's very difficult for some. ... what do we do with overstayers when we catch them?  (I'll give you a clue it starts with 'Det' and ends with 'ain' )..... or do you think detention is something reserved soley for asylum seekers? Is it so hard for you to understand?

John Smith wrote on Apr 25^th, 2013 at 5:01pm:

cods wrote on Apr 25th, 2013 at 4:51pm: I was talking to sob you might try and respect that he was talking to woof woof, why didn't you respect that? ..he was referring to overstayers not people in detention .so hard to understand  apparently it's very difficult for some. ... what do we do with overstayers when we catch them?  (I'll give you a clue it starts with 'Det' and ends with 'ain' )..... or do you think detention is something reserved soley for asylum seekers? Is it so hard for you to understand?

PERHAPS YOU CAN TELL US HOW MANY INDETENTION AND HOW MANY ARE STILL OUT THERE ON ANY GIVEN DAY...



HEY HOW ABOUT ANSWERING THE QUESTION??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

cods wrote on Apr 25^th, 2013 at 5:05pm:

John Smith wrote on Apr 25th, 2013 at 5:01pm: cods wrote on Apr 25th, 2013 at 4:51pm: I was talking to sob you might try and respect that he was talking to woof woof, why didn't you respect that? ..he was referring to overstayers not people in detention .so hard to understand  apparently it's very difficult for some. ... what do we do with overstayers when we catch them?  (I'll give you a clue it starts with 'Det' and ends with 'ain' )..... or do you think detention is something reserved soley for asylum seekers? Is it so hard for you to understand? PERHAPS YOU CAN TELL US HOW MANY INDETENTION AND HOW MANY ARE STILL OUT THERE ON ANY GIVEN DAY... HEY HOW ABOUT ANSWERING THE QUESTION??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

well, that number varies day to day and is probably not publicly available  ...  they detain them, and once all legal avenues are exhausted and a final decision is made, they deport them  ... so today we may have 100, tomorrow there may be 80, the next day 150 ... you can bet that over the year it adds up to many tens of thousands

AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL.

cods wrote on Apr 25^th, 2013 at 5:10pm:

AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL.

Im not a big one for trading personal insults on here.
I save my venom for whoever or whatever the thread is about  :P

cods wrote on Apr 25^th, 2013 at 5:10pm:

AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL.

so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D


you really are delusional  :D :D

John Smith wrote on Apr 25^th, 2013 at 5:47pm:

cods wrote on Apr 25th, 2013 at 5:10pm: AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL. so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D you really are delusional  :D :D

If I chased everyone around here that insulted me I wouldn't have time to post my usual words of incredible wisdom  :D

adelcrow wrote on Apr 25^th, 2013 at 5:50pm:

John Smith wrote on Apr 25th, 2013 at 5:47pm: cods wrote on Apr 25th, 2013 at 5:10pm: AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL. so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D you really are delusional  :D :D If I chased everyone around here that insulted me I wouldn't have time to post my usual words of incredible wisdom  :D

such wise words Adel.  I on the other hand , have no wisdon to share, so I chase the hypocrites around calling them on their two faces.

John Smith wrote on Apr 25^th, 2013 at 5:47pm:

cods wrote on Apr 25th, 2013 at 5:10pm: AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL. so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D you really are delusional  :D :D

i wont bother asking our italian friend what he said as he never answers my question anyway   

they are a b it hard...I agree

so adel can you tell me what boris just said...[highlighted]

maybe turn it into English t/you!

How many silly questions are too many?

John Smith wrote on Apr 25^th, 2013 at 5:52pm:

adelcrow wrote on Apr 25th, 2013 at 5:50pm: John Smith wrote on Apr 25th, 2013 at 5:47pm: cods wrote on Apr 25th, 2013 at 5:10pm: AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL. so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D you really are delusional  :D :D If I chased everyone around here that insulted me I wouldn't have time to post my usual words of incredible wisdom  :D such wise words Adel.  I on the other hand , have no wisdon to share, so I chase the hypocrites around calling them on their two faces.

oh boris has said something I fully agree with.he sure doesnt have any wisdon whatever that is..

;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D >:(

cods wrote on Apr 25^th, 2013 at 4:34pm:

Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well.

Which do you prefer?

Have them run around naked, or starve??

:)

cods wrote on Apr 25^th, 2013 at 6:53pm:

John Smith wrote on Apr 25th, 2013 at 5:52pm: adelcrow wrote on Apr 25th, 2013 at 5:50pm: John Smith wrote on Apr 25th, 2013 at 5:47pm: cods wrote on Apr 25th, 2013 at 5:10pm: AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL. so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D you really are delusional  :D :D If I chased everyone around here that insulted me I wouldn't have time to post my usual words of incredible wisdom  :D such wise words Adel.  I on the other hand , have no wisdon to share, so I chase the hypocrites around calling them on their two faces. oh boris has said something I fully agree with.he sure doesnt have any wisdon whatever that is.. ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D >:(

Its the Bible of Cricket  :P

Peter Freedman wrote on Apr 25^th, 2013 at 6:51pm:

How many silly questions are too many?

ahh Peter there you are long time no see.. how are you??

silly!!!! thats what these forums are all about haven't you figured that out yet???

or who can insult who with the best shot..LOL..

its amazing how many hysterical.dumb.stupid.unkind people manage to impregnate these forums..

some have even suggested there are other forums out there that are worse..LOL>

Lobo wrote on Apr 25^th, 2013 at 6:54pm:

cods wrote on Apr 25th, 2013 at 4:34pm: Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well. Which do you prefer? Have them run around naked, or starve?? :)

I was referring to the ones NOT CAUGHT YET..


well the last I heard... we had to catch them first...

my daughter used to work for immigration and went on many raids to find them... they were all working and feeding and clothing themselves.


but I think there are many more on the outside than in Villawood..

Lobo wrote on Apr 25^th, 2013 at 6:54pm:

cods wrote on Apr 25th, 2013 at 4:34pm: Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well. Which do you prefer? Have them run around naked, or starve?? :)

If our pensioners have to survive on dog food and wear crocheted undies the asylum seekers can bloody well do the same  :D

adelcrow wrote on Apr 25^th, 2013 at 7:04pm:

Lobo wrote on Apr 25th, 2013 at 6:54pm: cods wrote on Apr 25th, 2013 at 4:34pm: Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well. Which do you prefer? Have them run around naked, or starve?? :) If our pensioners have to survive on dog food and wear crocheted undies the asylum seekers can bloody well do the same  :D

We had roast dog with rosemary and mint sauce and all the baked veg, tonight.

Dunno about those undies though; too many gaps in the weave, a bit draughty....

:D

cods wrote on Apr 25^th, 2013 at 7:01pm:

Lobo wrote on Apr 25th, 2013 at 6:54pm: cods wrote on Apr 25th, 2013 at 4:34pm: Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well. Which do you prefer? Have them run around naked, or starve?? :) I was referring to the ones NOT CAUGHT YET.. well the last I heard... we had to catch them first... my daughter used to work for immigration and went on many raids to find them... they were all working and feeding and clothing themselves. but I think there are many more on the outside than in Villawood..

I could be wrong, but I think your daughter may have been referring to visa overstayers.

:)

Some visa overstayers are treated very well.

My sister and her 3 girlfriends received little more than a tut and a ticking off.

It's all about risk and who is a threat to society.

4 22 year-old girls are hardly an issue.

cods wrote on Apr 25^th, 2013 at 6:53pm:

John Smith wrote on Apr 25th, 2013 at 5:52pm: adelcrow wrote on Apr 25th, 2013 at 5:50pm: John Smith wrote on Apr 25th, 2013 at 5:47pm: cods wrote on Apr 25th, 2013 at 5:10pm: AND BTW ADEL DIDNT DISAGREE WITH MY DESCRIPTION OF HIS REMARKS..BY CALLING THEM EVIL. so you think Adel with you calling him evil?  ;D ;D ;D ;D ;D you really are delusional  :D :D If I chased everyone around here that insulted me I wouldn't have time to post my usual words of incredible wisdom  :D such wise words Adel.  I on the other hand , have no wisdon to share, so I chase the hypocrites around calling them on their two faces. oh boris has said something I fully agree with.he sure doesnt have any wisdon whatever that is.. ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D >:(

do you always agree with things you don't know?

How many visa overstayers are given the dole?

How many of them are given government housing?

How many of them are entitled to free dental/medical?

How many of them are given free legal aid?

See visa overtsayers don't get a single cent or gov assistance.

Compare what an asylum seekr gets to that of a visa over stayer??

woof woof wrote on Apr 25^th, 2013 at 9:40pm:

How many visa overstayers are given the dole? How many of them are given government housing? How many of them are entitled to free dental/medical? How many of them are given free legal aid? See visa overtsayers don't get a single cent or gov assistance. Compare what an asylum seekr gets to that of a visa over stayer??

Think you will find that they go into the same detention centres and get the same treatment.

Andrei.Hicks wrote on Apr 25^th, 2013 at 7:18pm:

Some visa overstayers are treated very well. My sister and her 3 girlfriends received little more than a tut and a ticking off. It's all about risk and who is a threat to society. 4 22 year-old girls are hardly an issue.

Not if they came from Sri.Lanka on a boat. Then they need high security detention, "processing" and assessment at two hundred grand a year.

Still, it all adds to the GDP. Also, it gives jobs to the jailers, officials and lawyers - not to mention shock jocks.

We should have kept your sister in detention. Much more profitable.

woof woof wrote on Apr 25^th, 2013 at 9:40pm:

How many visa overstayers are given the dole? How many of them are given government housing? How many of them are entitled to free dental/medical? How many of them are given free legal aid? See visa overtsayers don't get a single cent or gov assistance. Compare what an asylum seekr gets to that of a visa over stayer??

Matty used to ask exactly the same questions, Woof Woof. He longs to be in Opposition.

In September, he’ll be in government. Will you be voting up in Queensland, dear?

Andrei.Hicks wrote on Apr 25^th, 2013 at 7:18pm:

Some visa overstayers are treated very well. My sister and her 3 girlfriends received little more than a tut and a ticking off. It's all about risk and who is a threat to society. 4 22 year-old girls are hardly an issue.

how overdue were they? 2 days? had they found employment and were trying to hide from the authorities? 

visa overstayers once caught are put on the next plane out, they don't get to give a cock and bull story and then spend the rest of their lives on the dole living in public housing.

Visa overstayers really cost us next to nothing compared to asyllum seekers, who when who have their claims refused tie up the legal system with appeal after appeal, all at no cost to them??

Maybe they should pay their own legal appeals, after all they can stump up 10K for a boat ride??

You can’t answer your own questions, Woof Woof. That’s rhetorical .It’s called leading the witness.

Matty always gave his readers time to give their thoughts. THEN he would come in with an intelligent reply, based on evidence, judgement and considered analysis.

Thoughts?

I'll be voting early and often, after all how will they prove that I voted many times, you need to show no ID, so I could go to any booth and say I am anyone who is on the roll and vote all day hell I might visit every booth in Swans seat I'll vote against him 20 times.

Why don't you need to show proof of ID and have your name marked off on an integrated computer system???? so when you vote your name is locked out???

voting is open to manipulation, why is that

woof woof wrote on Apr 25^th, 2013 at 10:01pm:

visa overstayers once caught are put on the next plane out, they don't get to give a cock and bull story and then spend the rest of their lives on the dole living in public housing. Visa overstayers really cost us next to nothing compared to asyllum seekers, who when who have their claims refused tie up the legal system with appeal after appeal, all at no cost to them?? Maybe they should pay their own legal appeals, after all they can stump up 10K for a boat ride??

really? you sure about that? we have half the immigration department dedicated to finding and catching them, surely that costs money, we detain them , more money, feed them, more money, we provide legal aid for those that require it, more money, we pay to fly them out , more money  ....

for every 10 asylum seekers, we have 100 illegal overstayers .... costs may not add up per person, but add ten times the people and suddenly it's not peanuts any more.

woof woof wrote on Apr 25^th, 2013 at 10:05pm:

I'll be voting early and often, after all how will they prove that I voted many times, you need to show no ID, so I could go to any booth and say I am anyone who is on the roll and vote all day hell I might visit every booth in Swans seat I'll vote against him 20 times. Why don't you need to show proof of ID and have your name marked off on an integrated computer system???? so when you vote your name is locked out??? voting is open to manipulation, why is that

it's an imperfect world isn't it !!!! where will it end.

Karnal wrote on Apr 25^th, 2013 at 9:59pm:

woof woof wrote on Apr 25th, 2013 at 9:40pm: How many visa overstayers are given the dole? How many of them are given government housing? How many of them are entitled to free dental/medical? How many of them are given free legal aid? See visa overtsayers don't get a single cent or gov assistance. Compare what an asylum seekr gets to that of a visa over stayer?? Matty used to ask exactly the same questions, Woof Woof. He longs to be in Opposition. In September, he’ll be in government. Will you be voting up in Queensland, dear?

Uncanny, isn't it, karnal? This lovely old dear from Qld could continue to ask the exact same questions as that lovely young man that used to attend the GREENS meeting at Top Ryde, just up the road from KFC.
Matty doesn't have a Grandmother in Qld, does he?

woof woof wrote on Apr 25^th, 2013 at 10:05pm:

I'll be voting early and often, after all how will they prove that I voted many times, you need to show no ID, so I could go to any booth and say I am anyone who is on the roll and vote all day hell I might visit every booth in Swans seat I'll vote against him 20 times. Why don't you need to show proof of ID and have your name marked off on an integrated computer system???? so when you vote your name is locked out??? voting is open to manipulation, why is that

True, Woof Woof. You’ll have to do this through the post though, won’t you?

Who’s seat is Dunedin in?

skippy. wrote on Apr 25^th, 2013 at 10:07pm:

Karnal wrote on Apr 25th, 2013 at 9:59pm: woof woof wrote on Apr 25th, 2013 at 9:40pm: How many visa overstayers are given the dole? How many of them are given government housing? How many of them are entitled to free dental/medical? How many of them are given free legal aid? See visa overtsayers don't get a single cent or gov assistance. 9 Compare what an asylum seekr gets to that of a visa over stayer?? Matty used to ask exactly the same questions, Woof Woof. He longs to be in Opposition. In September, he’ll be in government. Will you be voting up in Queensland, dear? Uncanny, isn't it, karnal? This lovely old dear from Qld could continue to ask the exact same questions as that lovely young man that used to attend the GREENS meeting at Top Ryde, just up the road from KFC. Matty doesn't have a Grandmother in Qld, does he?

It’s possible, Skippy. When Woof Woof said she was a single mother from Queensland, I didn’t know she meant single grandmother. 

Is this true, Woof Woof? Do they give you a sole grandparenting payment for that?

Please explain.

cods wrote on Apr 25^th, 2013 at 4:34pm:

Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB do we do a budget forecast for the overstayers??? I didnt realize we fed and clothed them as well.

They must be surviving somehow - taking jobs off australians

SOB

woof woof wrote on Apr 25^th, 2013 at 9:40pm:

How many visa overstayers are given the dole? How many of them are given government housing? How many of them are entitled to free dental/medical? How many of them are given free legal aid? See visa overtsayers don't get a single cent or gov assistance. Compare what an asylum seekr gets to that of a visa over stayer??

And because of that they are taking the jobs of aussies. Aussies and refugees have to go on the dole because some visa overstaying cheat has taken the jobs. Not only that but they are obviously not paying tax so the employer is breaking the law and paying them under the table.

SOB

Sir Spot of Borg wrote on Apr 25^th, 2013 at 3:34pm:

woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB

Dunce again! Maybe you should just leave that cone-shaped cap on all the time???

woof woof wrote on Apr 25^th, 2013 at 10:01pm:

visa overstayers once caught are put on the next plane out, they don't get to give a cock and bull story and then spend the rest of their lives on the dole living in public housing. Visa overstayers really cost us next to nothing compared to asyllum seekers, who when who have their claims refused tie up the legal system with appeal after appeal, all at no cost to them?? Maybe they should pay their own legal appeals, after all they can stump up 10K for a boat ride??

The question should why can't the overstayers be let apply for a further visa, because thats what we allow the boat people to do with TPV s.

Whats the difference, one group here to join society,and the other her for the same resson, too join society.

Armchair_Politician wrote on Apr 26^th, 2013 at 6:52am:

Sir Spot of Borg wrote on Apr 25th, 2013 at 3:34pm: woof woof wrote on Apr 25th, 2013 at 3:21pm: How much debt is too much?? How many asylum seekers arriving per year is too much? Well there are not really very many ATM so i doubt its anywhere near "too much" now. On the other hand there are a LOT of visa over stayers. SOB Dunce again! Maybe you should just leave that cone-shaped cap on all the time???

What a brilliant argument!

SOB

Sir Spot of Borg wrote on Apr 26^th, 2013 at 5:51am:

woof woof wrote on Apr 25th, 2013 at 9:40pm: How many visa overstayers are given the dole? How many of them are given government housing? How many of them are entitled to free dental/medical? How many of them are given free legal aid? See visa overtsayers don't get a single cent or gov assistance. Compare what an asylum seekr gets to that of a visa over stayer?? And because of that they are taking the jobs of aussies. Aussies and refugees have to go on the dole because some visa overstaying cheat has taken the jobs. Not only that but they are obviously not paying tax so the employer is breaking the law and paying them under the table. SOB

it is possible to have both things BOAG, We do live in a smart itellegent country.

The quantity of debt is not as important as what you do with it. If you are wasting it or not getting a decent return, any debt is too much. On the other hand it can be rational to go into a lot of debt if you are going to get more back in return. Most people who take out a mortgage are making the right decision, but we would never allow our government to go into that much debt.

freediver wrote on Apr 26^th, 2013 at 9:48am:

The quantity of debt is not as important as what you do with it. If you are wasting it or not getting a decent return, any debt is too much. On the other hand it can be rational to go into a lot of debt if you are going to get more back in return. Most people who take out a mortgage are making the right decision, but we would never allow our government to go into that much debt.

so here we are robbing Peter to pay Paul...just like having a dozen creditcards.. and taking it it turns to pay off each other...

and you think thats not too much debt for this govt????

I agree debt is one thing. value something else entirely..thats one of the reasons we have so many bankrupts....


however we have watched for at least 2 years European countries go virtually bankrupt.....and what did we do?????? thats right borrowed more got into more debt than ever before....


we are now going to buy Chinese Bonds... what with borrowings???????

woof woof wrote on Apr 25^th, 2013 at 3:21pm:

How much debt is too much?? Under a LIB gov - $1 is too much Under an ALP gov - $unlimited is the minimum How many asylum seekers arriving per year is too much? Under a LIB gov - another boat is another government policy failure (says Gillard in early 2000) Under an ALP gov - 35,000 and counting

freediver wrote on Apr 26^th, 2013 at 9:48am:

The quantity of debt is not as important as what you do with it. If you are wasting it or not getting a decent return, any debt is too much. On the other hand it can be rational to go into a lot of debt if you are going to get more back in return. Most people who take out a mortgage are making the right decision, but we would never allow our government to go into that much debt.

How do you equate a 'mortgage' with a country's national debt which has gone to extremes, in fact uncontrollable and which will take generations to pay off unlike the usual 25 year mortgage?

Head buried in sand (or up your own backside) springs to mind!

simonhall1900 wrote on Apr 26^th, 2013 at 11:45am:

freediver wrote on Apr 26th, 2013 at 9:48am: The quantity of debt is not as important as what you do with it. If you are wasting it or not getting a decent return, any debt is too much. On the other hand it can be rational to go into a lot of debt if you are going to get more back in return. Most people who take out a mortgage are making the right decision, but we would never allow our government to go into that much debt. How do you equate a 'mortgage' with a country's national debt which has gone to extremes, in fact uncontrollable and which will take generations to pay off unlike the usual 25 year mortgage? Head buried in sand (or up your own backside) springs to mind!

The same way the bank does - by comparing it with your ability to repay - ie assets and income. It really is no different to running your personal or business finances.

freediver wrote on Apr 26^th, 2013 at 12:51pm:

simonhall1900 wrote on Apr 26th, 2013 at 11:45am: freediver wrote on Apr 26th, 2013 at 9:48am: The quantity of debt is not as important as what you do with it. If you are wasting it or not getting a decent return, any debt is too much. On the other hand it can be rational to go into a lot of debt if you are going to get more back in return. Most people who take out a mortgage are making the right decision, but we would never allow our government to go into that much debt. How do you equate a 'mortgage' with a country's national debt which has gone to extremes, in fact uncontrollable and which will take generations to pay off unlike the usual 25 year mortgage? Head buried in sand (or up your own backside) springs to mind! The same way the bank does - by comparing it with your ability to repay - ie assets and income. It really is no different to running your personal or business finances.

Well, Australia's "Bank" was seriously in error when the old Cash Flow Forecast Wendy Swan presented to them showed a completely different picture to the reality of today's figures showing 30/40 years or longer to get this country out of the Sh!t this government has created.....

simonhall1900 wrote on Apr 26^th, 2013 at 3:42pm:

freediver wrote on Apr 26th, 2013 at 12:51pm: simonhall1900 wrote on Apr 26th, 2013 at 11:45am: freediver wrote on Apr 26th, 2013 at 9:48am: The quantity of debt is not as important as what you do with it. If you are wasting it or not getting a decent return, any debt is too much. On the other hand it can be rational to go into a lot of debt if you are going to get more back in return. Most people who take out a mortgage are making the right decision, but we would never allow our government to go into that much debt. How do you equate a 'mortgage' with a country's national debt which has gone to extremes, in fact uncontrollable and which will take generations to pay off unlike the usual 25 year mortgage? Head buried in sand (or up your own backside) springs to mind! The same way the bank does - by comparing it with your ability to repay - ie assets and income. It really is no different to running your personal or business finances. Well, Australia's "Bank" was seriously in error when the old Cash Flow Forecast Wendy Swan presented to them showed a completely different picture to the reality of today's figures showing 30/40 years to get this country out of the Sh!t this government has created.....

What rubbish..this isnt 1960..
We have an open and strong growing economy so any debt that helped us avoid the rest of the worlds double dip recession and double digit unemployment is easily paid back.
Even Costello predicted an end to surpluses in his last budget.

How can it be rubbish genius when it is happening? You idiots are just gullible gobshites who either make excuses for your labrat bugger-ups, or as usual keep your 'blinkers' tightly in place.