https://blog.alor.org/bankrupt-victoria-by-james-reed


Arithmetic does not lie; the numbers either add up or they do not. Our state of Victoria, quite apart from the mass immigration tsunami that has led to Aussies being homeless, and families having to live in tents, is falling apart. You see it in the state of the infrastructure such as the decaying roads. But there was plenty of money to spend on big projects like the North-East Link and the Suburban Rail Loop, and the massive waste of spending on bureaucrats, who soak up money by the millions, the public sector growing by 59 percent in the last 15 years, with this growth basically feeding on itself.
Thus, Victoria is projected to have $ 247.2 billion in debt by 2027, and ever rising.
Former federal Treasury official Stephen Anthony had this to say about the plight of Victoria:

""Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%."

"Potholes can't get filled, emergency departments can't afford clean linen, primary schools can't fix heaters".

"Things are about to get very ugly",

A Federal bail out is possible, or the trend is continued of just selling off the state to communist China, continuing the trend of the last premier. And as well, the impact of the Covid freak-out lockdowns on Victoria's economy need to be examined under the fiscal microscope.

Typical Labor.

Dan never sought our permission to put us into that much debt.
He's a criminal in my opinion -
it's criminal negligence that will cost lives.

Australia has Labor in all States except Tasmania.

Labor is leaving a mind blowing debt that we will never be able to repay:

The Australian debt clock:

https://australiandebtclock.com.au/

National Government Debt $1.2 trillion.

Total Government Debt   $1.9 trillion.

Total Household Debt $3.7 trillion

Total Private Credit $5.9 trillion.

I want all Ozpol members like Greggy who voted for Labor
to come out and apologise  for supporting the Labor Govts that destroyed our country
with unimaginable amounts of debt that we can never repay.

Christ you're a moron

Goober constantly calls for apologies for this and that from <whoever> yet NEVER apologises for his very many transgressions—classical ASPD.

And he is bloody stupid—IQ in the 90s.

Bobby. wrote on May 4^th, 2024 at 2:51pm:

https://blog.alor.org/bankrupt-victoria-by-james-reed Arithmetic does not lie; the numbers either add up or they do not. Our state of Victoria, quite apart from the mass immigration tsunami that has led to Aussies being homeless, and families having to live in tents, is falling apart. You see it in the state of the infrastructure such as the decaying roads. But there was plenty of money to spend on big projects like the North-East Link and the Suburban Rail Loop, and the massive waste of spending on bureaucrats, who soak up money by the millions, the public sector growing by 59 percent in the last 15 years, with this growth basically feeding on itself. Thus, Victoria is projected to have $ 247.2 billion in debt by 2027, and ever rising. Former federal Treasury official Stephen Anthony had this to say about the plight of Victoria: ""Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%." "Potholes can't get filled, emergency departments can't afford clean linen, primary schools can't fix heaters". "Things are about to get very ugly", A Federal bail out is possible, or the trend is continued of just selling off the state to communist China, continuing the trend of the last premier. And as well, the impact of the Covid freak-out lockdowns on Victoria's economy need to be examined under the fiscal microscope.

All nonsense. The Oz Treasury can cancel state debt which was issued to build infrastructure at anytime, it's just private money-lenders who have you and the Oz government (and Treasury)  by the short and curlies. 

Bobby. wrote on May 4^th, 2024 at 3:15pm:

The Australian debt clock: https://australiandebtclock.com.au/ National Government Debt $1.2 trillion.

A lot of that was added during the pandemic, to keep you alive during the lock-downs. The mistake was to count it as debt: the  Oz govt.  should have created the money (for free) to pay households' essential bills, to avoid selling bonds  to private banksters - and racking up government debt. Note the govt paying essential bills - with free public money - in a lockdown, would not cause inflation, obviously.



Quote:

Total Government Debt   $1.9 trillion. Total Household Debt $3.7 trillion Total Private Credit $5.9 trillion.

The household debt is the main problem, it has to be repaid with interest. Hopefully people will remain employed over the coming year.

I want all Ozpol members like:

Greggy,
Monk,
Smith,
TGD,

who voted for Labor -
to come out and apologise  for supporting the Labor Govts that destroyed our country
with unimaginable amounts of debt that we can never repay.

Victoria might have to pull funding for this 'treaty' nonsense.... sad, innit?

All they had to do was listen to the people.... maybe the Australian public as a whole should  punish politicians who won't listen... 61-39 and you're OUTTA HERE!!

Now then - about all those Aboriginal kids still removed from 'families' and placed in care - as often as possible with relatives..... why is that?  Because it's all lovey-dovey in the pre-1787 culture?

Jeez - the old girl tonight went at me for advocating a Homeland up western Cape York, along with a Gondwanamo Bay where they could get jobs as guards and cooks and such.... you know ... hunters so the inmates at Gondwanamo could enjoy local tucker... she reckoned giving them their own Homeland and turning them loose was racist.... dunno where she'd get that idea.....

I mean - I did say we could come back in a couple of years and bury the dead and pick up the pieces.... what's the problem?  They want their own separate nation run by them - I say give them one!  save everyone else a lot of time, trouble and money.

Now then - about all that violence in communities...... in homes ... in the streets ...

Bobby. wrote on May 4^th, 2024 at 8:02pm:

I want all Ozpol members like: Greggy, Monk, Smith, TGD, who voted for Labor - to come out and apologise  for supporting the Labor Govts that destroyed our country with unimaginable amounts of debt that we can never repay.

Right after you kiss my arse.  Oh wait, you'll enjoy that.

Let's change it to right after you turn straight.. now I'm safe

Greggy,
Monk,
Smith,
TGD,


Apologise.

Bobby. wrote on May 4^th, 2024 at 8:40pm:

Greggy, Monk, Smith, TGD, Apologise.

Give it a rest you idiot

John Smith wrote on May 4^th, 2024 at 10:15pm:

Bobby. wrote on May 4th, 2024 at 8:40pm: Greggy, Monk, Smith, TGD, Apologise. Give it a rest you idiot

Apologise  -   you idiot who voted Labor.    ::)

Apologise, you thief, liar, blackmailer and doxxer!

You do not ever admit or apologise for your many transgressions, do you? That is your extreme ASPD.

Jovial Monk wrote on May 4^th, 2024 at 10:23pm:

Apologise, you thief, liar, blackmailer and doxxer! You do not ever admit or apologise for your many transgressions, do you? That is your extreme ASPD.

Apologise     -   you idiot who voted Labor.     ::)

No, YOU apolOgise for YOUR many, many transgressions.

I don’t live or vote in Victoria, you blistering booby, and never have as I am sure IQ’s doxxing of me, recorded in Sparta or somewhere else more likely, have shown.


Now—your apologies!

Monk - apologise for the Labor debt:

The Australian debt clock:

https://australiandebtclock.com.au/


National Government Debt $1.2 trillion.

Total Government Debt   $1.9 trillion.

Bobby. wrote on May 4^th, 2024 at 10:18pm:

John Smith wrote on May 4th, 2024 at 10:15pm: Bobby. wrote on May 4th, 2024 at 8:40pm: Greggy, Monk, Smith, TGD, Apologise. Give it a rest you idiot Apologise  -   you idiot who voted Labor.    ::)

You make stupid people look like geniuses.

Smith - you voted Labor - apologise for the Labor debt:


The Australian debt clock:

https://australiandebtclock.com.au/


National Government Debt $1.2 trillion.

Total Government Debt   $1.9 trillion.

Bobby. wrote on May 4^th, 2024 at 10:32pm:

Monk - apologise for the Labor debt: The Australian debt clock: https://australiandebtclock.com.au/ National Government Debt $1.2 trillion. Total Government Debt   $1.9 trillion.

Apologise for your transgressions, idiot and moral weakling!

John Smith wrote on May 4^th, 2024 at 10:32pm:

Bobby. wrote on May 4th, 2024 at 10:18pm: John Smith wrote on May 4th, 2024 at 10:15pm: Bobby. wrote on May 4th, 2024 at 8:40pm: Greggy, Monk, Smith, TGD, Apologise. Give it a rest you idiot Apologise  -   you idiot who voted Labor.    ::) You make stupid people look like geniuses.

He does, doesn’t he?

How much of the debt was run up by Abbott to Morriscum? The vast majority.

Goober pretends to care about the national debt but is also upset the tax take is so high. Just loony toons.

Jovial Monk wrote on May 4^th, 2024 at 10:40pm:

Apologise for your transgressions, idiot and moral weakling!

Shut up you Labor dickhead.

It's dumb arseholes like you who got us into this mess
by voting Labor and supporting them all the time both here and on your Marxist forum.

Bobby. wrote on May 4^th, 2024 at 10:34pm:

Smith - you voted Labor - apologise for the Labor debt: The Australian debt clock: https://australiandebtclock.com.au/ National Government Debt $1.2 trillion. Total Government Debt   $1.9 trillion.

Right after you apologise for being a total absolute frcken moron.

Apologise for your many, many transgressions, ASPD idiot!

John Smith wrote on May 4^th, 2024 at 10:43pm:

Bobby. wrote on May 4th, 2024 at 10:34pm: Smith - you voted Labor - apologise for the Labor debt: The Australian debt clock: https://australiandebtclock.com.au/ National Government Debt $1.2 trillion. Total Government Debt   $1.9 trillion. Right after you apologise for being a total absolute frcken moron.

Well, he was born without a functioning brain so he can’t help his stupidity I guess? He could shut up a lot more tho.

John Smith wrote on May 4^th, 2024 at 10:43pm:

Bobby. wrote on May 4th, 2024 at 10:34pm: Smith - you voted Labor - apologise for the Labor debt: The Australian debt clock: https://australiandebtclock.com.au/ National Government Debt $1.2 trillion. Total Government Debt   $1.9 trillion. Right after you apologise for being a total absolute frcken moron.

Shut up you Labor dickhead.

It's dumb arseholes like you who got us into this mess
by voting Labor and supporting them all the time both here and on Monk's Marxist forum.

I am not a marxist and neither is my fine forum.

Another lie you told about me for the 100th time. Your ASPD is on proud public display.

Jovial Monk wrote on May 4^th, 2024 at 10:48pm:

I am not a marxist and neither is my fine forum. Another lie you told about me for the 100th time. Your ASPD is on proud public display.

You always support Albo and his communist ideas -

he's destroying this country.

Apologise and stop voting Labor.

Look at how they invest in high technology in the the United States.

In order to print the smallest structures in silicon, a massive ASML Twinscan machine is needed. Current generation technology can create line widths of 13nm, and those machines cost $150m. The new generation can go down to 8nm, and cost a massive $350m! In this video, we tour Intel's Oregon Fab where they've completed installing the world's first commercial High-NA EUV machine. It's in the calibration phase now, ready for testing.

https://www.youtube.com/watch?v=8i9rs4LNSlI


Australia is a disgrace as to how we borrow so much money
and get nothing back for it.

To all you dickheads who voted Labor - stop it and apologise.

Bobby. wrote on May 4^th, 2024 at 10:51pm:

Jovial Monk wrote on May 4th, 2024 at 10:48pm: I am not a marxist and neither is my fine forum. Another lie you told about me for the 100th time. Your ASPD is on proud public display. You always support Albo and his communist ideas - he's destroying this country. Apologise and stop voting Labor.

Apologise for your many, many transgressions you ASPD idiot!

Look at how they invest in high technology in the the United States.

In order to print the smallest structures in silicon, a massive ASML Twinscan machine is needed. Current generation technology can create line widths of 13nm, and those machines cost $150m. The new generation can go down to 8nm, and cost a massive $350m! In this video, we tour Intel's Oregon Fab where they've completed installing the world's first commercial High-NA EUV machine. It's in the calibration phase now, ready for testing.

https://www.youtube.com/watch?v=8i9rs4LNSlI


Australia is a disgrace as to how we borrow so much money
and get nothing back for it.

To all you dickheads who voted Labor - stop it and apologise.

Bobby. wrote on May 4^th, 2024 at 2:51pm:

https://blog.alor.org/bankrupt-victoria-by-james-reed Arithmetic does not lie; the numbers either add up or they do not. Our state of Victoria, quite apart from the mass immigration tsunami that has led to Aussies being homeless, and families having to live in tents, is falling apart. You see it in the state of the infrastructure such as the decaying roads. But there was plenty of money to spend on big projects like the North-East Link and the Suburban Rail Loop, and the massive waste of spending on bureaucrats, who soak up money by the millions, the public sector growing by 59 percent in the last 15 years, with this growth basically feeding on itself. Thus, Victoria is projected to have $ 247.2 billion in debt by 2027, and ever rising. Former federal Treasury official Stephen Anthony had this to say about the plight of Victoria: ""Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%." "Potholes can't get filled, emergency departments can't afford clean linen, primary schools can't fix heaters". "Things are about to get very ugly", A Federal bail out is possible, or the trend is continued of just selling off the state to communist China, continuing the trend of the last premier. And as well, the impact of the Covid freak-out lockdowns on Victoria's economy need to be examined under the fiscal microscope.

$247 billion debt no wonder Dickhead Dan did a runner.

Typical Labor running up debt on taxpayers credit card then expecting Liberals to make the hard decisions to clear debt.

Would a Liberal Federal government be expected to bail out a failed Labor state?

AnAl should let Labor voters in Vic suffer for their poor choices

Bobby. wrote on May 4^th, 2024 at 11:18pm:

Look at how they invest in high technology in the the United States. In order to print the smallest structures in silicon, a massive ASML Twinscan machine is needed. Current generation technology can create line widths of 13nm, and those machines cost $150m. The new generation can go down to 8nm, and cost a massive $350m! In this video, we tour Intel's Oregon Fab where they've completed installing the world's first commercial High-NA EUV machine. It's in the calibration phase now, ready for testing. https://www.youtube.com/watch?v=8i9rs4LNSlI Australia is a disgrace as to how we borrow so much money and get nothing back for it. To all you dickheads who voted Labor - stop it and apologise.

What is the national debt of the US?

Baronvonrort wrote on May 4^th, 2024 at 11:24pm:

$247 billion debt no wonder Dickhead Dan did a runner. Typical Labor running up debt on taxpayers credit card then expecting Liberals to make the hard decisions to clear debt. Would a Liberal Federal government be expected to bail out a failed Labor state? AnAl should let Labor voters in Vic suffer for their poor choices

yep - dickhead Dan bankrupted the State and then ran away
to receive his handsome life long pension.

At least we sensible people didn't vote for Labor.
IQs are very low in Australia - that's why Labor won.

Bobby. wrote on May 4^th, 2024 at 11:34pm:

Baronvonrort wrote on May 4th, 2024 at 11:24pm: $247 billion debt no wonder Dickhead Dan did a runner. Typical Labor running up debt on taxpayers credit card then expecting Liberals to make the hard decisions to clear debt. Would a Liberal Federal government be expected to bail out a failed Labor state? AnAl should let Labor voters in Vic suffer for their poor choices yep - dickhead Dan bankrupted the State and then ran away to receive his handsome life long pension. At least we sensible people didn't vote for Labor. IQs are very low in Australia - that's why Labor won.

---

That's right Baron,
low IQ people like:
Greggy,
Monk,
Smith,
TGD.

They all voted for Labor.    ::)

Jovial Monk wrote on May 4^th, 2024 at 11:26pm:

Bobby. wrote on May 4th, 2024 at 11:18pm: Look at how they invest in high technology in the the United States. In order to print the smallest structures in silicon, a massive ASML Twinscan machine is needed. Current generation technology can create line widths of 13nm, and those machines cost $150m. The new generation can go down to 8nm, and cost a massive $350m! In this video, we tour Intel's Oregon Fab where they've completed installing the world's first commercial High-NA EUV machine. It's in the calibration phase now, ready for testing. https://www.youtube.com/watch?v=8i9rs4LNSlI Australia is a disgrace as to how we borrow so much money and get nothing back for it. To all you dickheads who voted Labor - stop it and apologise. What is the national debt of the US?

Goober, care to answer the question?

Also, Goober, how about answering the question about the debt run up  by the Abbott, Turdbull, Morrison Lib govts?

Bobby. wrote on May 4^th, 2024 at 11:40pm:

That's right Baron, low IQ people like: Greggy, Monk, Smith, TGD. They all voted for Labor.    ::)

Low IQ members here? Easy! Goober, Jaye, Baron

Jovial Monk wrote on May 5^th, 2024 at 12:33am:

Bobby. wrote on May 4th, 2024 at 11:40pm: That's right Baron, low IQ people like: Greggy, Monk, Smith, TGD. They all voted for Labor.    ::) Low IQ members here? Easy! Goober, Jaye, Baron

Monk is a borderline retarded, Labor voter.

he won't apologise for the mess we're in.

You won’t—not man enough and/or your ASPD—apologise for your many transgressions!

Do you know that not only did Goober STEAL three videos I had taken of Socks the arsehole tried to BLACKMAIL me to let him post them to vile ShitChute, full of porn and neonazi etc videos?

True! See http://www.ozpolitic.com/forum/YaBB.pl?num=1660551189

The poofter has STILL not apologised to me for that!

Jovial Monk wrote on May 5^th, 2024 at 8:14am:

You won’t—not man enough and/or your ASPD—apologise for your many transgressions! Do you know that not only did Goober STEAL three videos I had taken of Socks the arsehole tried to BLACKMAIL me to let him post them to vile ShitChute, full of porn and neonazi etc videos? True! See http://www.ozpolitic.com/forum/YaBB.pl?num=1660551189 The poofter has STILL not apologised to me for that!

Monk - you poof,
I answered all of your allegations - some a dozen times -
and it never got through your thick head.
I'm not gunna write it another dozen times for you.
Your permanent sticky thread is a total pack of lies.
Try and act like a man instead of a homo.

You voted Labor and you never accept responsibility for that.
What about the massive Labor debt that keeps on increasing?

You stonewalled. You never explained, you never admitted what you were doing—trying to blackmail me.

Then there is the issue of you crossposting, like the poof you are, my mother’s death notice WITHOUT ASKING ME FIRST!

You NEVER apologised for that insensitive action, creep!

Come on all you Labor poofs -

apologise.

Your attempt to blackmail me is documented very clearly.

That was disgusting.

When will you man up (like, right, LOL!) and apologise you fucking little weasel?

Monk,
this thread is about Labor debt not your false allegations to
try and divert attention away from you poor voting habits.

Typical trolling Monk -
when he can't argue the topic - he changes the topic.     ::)

This shit all happened.'

You just cannot apologise.

Try to be a man for once and own up and apologise for all your transgressions.

I have been asked why I do not post YouTubes of funny animals. I don’t do that because the ASPD poof would steal them and post them, off topic, in his supposed “Environment” board. By doing this he can steal traffic from my MRB.

Ask the ASPD poof why he has posted ZERO environmental posts in his “Environment” MRB, go on.

No apologies for posting a thread that belongs in my board in “Environment.”


You know, a thriving Environment board posting scientific papers and articles would be an attraction to potential new members to sign up, now the mess that is “Environment” just encourages potential new members to look elsewhere.


A walking negative is Goober the ASPD poof.

The ASPD poof bleats “I can’t argue the topic” when I have raised a few points he can’t answer so, typically, skates over them.

Apologise for blackmailing me, stealing photos and videos of Socks, crossposting my mother’s death notice and other foul actions of yours.

Monk has ASPD in spades -

he can't stay on topic.     tsk  tsk  tsk    ::)   ::)   ::)

Victoria is bankrupt due to Labor.

You are the one with ASPD.

All have read this thread by now and see you for the gutless little weasel you are.

Victoria is bankrupt due to dickheads like Monk who voted Labor.

Bobby. wrote on May 5^th, 2024 at 10:03am:

Victoria is bankrupt due to dickheads like Monk who voted Labor.

More Labor waste here:

Labor gives $3 billion towards junk degrees:

https://www.ozpolitic.com/forum/YaBB.pl?num=1714883420/0#5

Bobby. wrote on May 4^th, 2024 at 8:02pm:

I want all Ozpol members like: Greggy, Monk, Smith, TGD, who voted for Labor - to come out and apologise  for supporting the Labor Govts that destroyed our country with unimaginable amounts of debt that we can never repay.

Bobby, did you mention debate?

I exposed your (admittedly mainstream)  debt and deficit mythology, you completely ignored it; hence the degeneration of this thread into a political slanging match. 

I'm trying to educate Labor.   You? 

thegreatdivide wrote on May 5^th, 2024 at 3:11pm:

Bobby. wrote on May 4th, 2024 at 8:02pm: I want all Ozpol members like: Greggy, Monk, Smith, TGD, who voted for Labor - to come out and apologise  for supporting the Labor Govts that destroyed our country with unimaginable amounts of debt that we can never repay. Bobby, did you mention debate? I exposed your (admittedly mainstream)  debt and deficit mythology, you completely ignored it; hence the degenration of this thread into a political slanging match.  I'm trying to educate Labor.   You?

Just apologise.

Booby has a learning difficulty. He dropped out of high school, did no more education.

He has Anti Social Personality Disorder as well—churlish, much more interested in trolling than debate.

Victoria is bankrupt due to Labor.

No Labor dickheads will apologise for voting for Labor.

Booby has a learning difficulty. He dropped out of high school, did no more education.

He has Anti Social Personality Disorder as well—churlish, much more interested in trolling than debate.

Jovial Monk wrote on May 5^th, 2024 at 11:10pm:

Booby has a learning difficulty. He dropped out of high school, did no more education. He has Anti Social Personality Disorder as well—churlish, much more interested in trolling than debate.

Monk is a bus window licker.

Bobby. wrote on May 5^th, 2024 at 9:35pm:

Victoria is bankrupt due to Labor..

Vic is broke because they paid for your uni fee's. When are you going to apologise for being a sponge on Victorian taxpayers?

John Smith wrote on May 6^th, 2024 at 7:05am:

Bobby. wrote on May 5th, 2024 at 9:35pm: Victoria is bankrupt due to Labor.. Vic is broke because they paid for your uni fee's. When are you going to apologise for being a sponge on Victorian taxpayers?

Federal Govt.  ::)

I paid for my studies 100 times over in the taxes that I created.

Bobby. wrote on May 6^th, 2024 at 7:11am:

John Smith wrote on May 6th, 2024 at 7:05am: Bobby. wrote on May 5th, 2024 at 9:35pm: Victoria is bankrupt due to Labor.. Vic is broke because they paid for your uni fee's. When are you going to apologise for being a sponge on Victorian taxpayers? Federal Govt.  ::) I paid for my studies 100 times over in the taxes that I created.

Cause the federal govt isn't it debt? You dumbrase :D :D :D

Everyone going to uni will spend a lifetime paying taxes. Why are you sppecccialll? Stop sponging of the taxpayer you leech

Bobby. wrote on May 6^th, 2024 at 7:11am:

John Smith wrote on May 6th, 2024 at 7:05am: Bobby. wrote on May 5th, 2024 at 9:35pm: Victoria is bankrupt due to Labor.. Vic is broke because they paid for your uni fee's. When are you going to apologise for being a sponge on Victorian taxpayers? Federal Govt.  ::) I paid for my studies 100 times over in the taxes that I created.

8 years primary school, 2 years HS isn’t that much.

Bobby. wrote on May 5^th, 2024 at 3:13pm:

thegreatdivide wrote on May 5th, 2024 at 3:11pm: Bobby. wrote on May 4th, 2024 at 8:02pm: I want all Ozpol members like: Greggy, Monk, Smith, TGD, who voted for Labor - to come out and apologise  for supporting the Labor Govts that destroyed our country with unimaginable amounts of debt that we can never repay. Bobby, did you mention debate? I exposed your (admittedly mainstream)  debt and deficit mythology, you completely ignored it; hence the degenration of this thread into a political slanging match.  I'm trying to educate Labor.   You?  Just apologise.

For trying to educate you?

But I see everyone on this thread is hood-winked by the government debt delusion -  including state debt which the Oz Treasury (in Canberra)  can cancel at any time.

Meanwhile, have fun throwing mud at one another on this board, I'll leave you to it.   

Not one Labor voter here including:
Greggy,
Monk,
Smith,
TGD

have shown any remorse by apologising for voting for Labor.
They won't accept the blame for ruining our country
by leaving us with 100 years of debt that can never be paid off.

As we speak - more money is being printed -
as Labor continues to spend more money than they receive in taxes.
Even if we get the Libbos back in power -
what the hell are they going to do about it?
We're stuffed.

You, moron, are all over the place.

This thread that you don’t know the subject of is supposed to be about Victoria’s debt. I have never voted in Victoria so WTF ask me to apologise?

Federal debt is another unrelated issue. I will ask again: HM debt did Abbott, Turdbull and Morriscum incur?


Requests that members apologise would sound more meaningful if YOU apologised for YOUR actions, turd!

Monk,
apologise - you Labor hack.

Your party has ruined our country - not only Victoria.

Bobby. wrote on May 6^th, 2024 at 7:11am:

Federal Govt.  Roll Eyes

once again goober shows why he's considered by EVERYONE to be the village idiot

John Smith wrote on May 6^th, 2024 at 5:53pm:

Bobby. wrote on May 6th, 2024 at 7:11am: Federal Govt.  Roll Eyes once again goober shows why he's considered by EVERYONE to be the village idiot

Smith,
apologise - you Labor cockwomble.

Your party has ruined our country - not only Victoria.

You, moron, are all over the place.

This thread that you don’t know the subject of is supposed to be about Victoria’s debt. I have never voted in Victoria so WTF ask me to apologise?

Federal debt is another unrelated issue. I will ask again: HM debt did Abbott, Turdbull and Morriscum incur?


Requests that members apologise would sound more meaningful if YOU apologised for YOUR actions, turd!

Monk,
apologise - you Labor hack.

Your party has ruined our country - not only Victoria.

You, moron, are all over the place.

This thread that you don’t know the subject of is supposed to be about Victoria’s debt. I have never voted in Victoria so WTF ask me to apologise?

Federal debt is another unrelated issue. I will ask again: HM debt did Abbott, Turdbull and Morriscum incur?


Requests that members apologise would sound more meaningful if YOU apologised for YOUR actions, turd!

Monk,
apologise - you Labor hack.

Your party has ruined our country - not only Victoria.

The high school dropout claims both main Parties are two wings of the same (unofficial) Party.

Now he tries to castigate Vic Labor but because he is a complete idiot mixed it up with Federal debt.


Govt debt {Yawn!}

The last of the debt from the Great Depression and WWII were paid off by the Whitlam govt. Apart from the Whitlam govt none of the governments (mostly under stupid Menzies) paid the debt from Budget surpluses. Federal government debt is paid by expansion of the economy.

If the moron known widely as Goober wants to blame someone for Victoria’s debt he should blame the Lib NSW government that allowed the plague ship full of covid sufferers to dock and the passengers to depart to wherever they were bound.

But he has no brains, does not want to debate just posture and troll so he has filled this nonsense thread with dreck.

Not one Labor voter here including:
Greggy,
Monk,
Smith,
TGD

have shown any remorse by apologising for voting for Labor.
They won't accept the blame for ruining our country
by leaving us with 100 years of debt that can never be paid off.

As we speak - more money is being printed -
as Labor continues to spend more money than they receive in taxes.
Even if we get the Libbos back in power -
what the hell are they going to do about it?
We're stuffed.

Budget today in Victoria.   :-/

The high school dropout claims both main Parties are two wings of the same (unofficial) Party.

Now he tries to castigate Vic Labor but because he is a complete idiot mixed it up with Federal debt.


Govt debt {Yawn!}

The last of the debt from the Great Depression and WWII were paid off by the Whitlam govt. Apart from the Whitlam govt none of the governments (mostly under stupid Menzies) paid the debt from Budget surpluses. Federal government debt is paid by expansion of the economy.

If the moron known widely as Goober wants to blame someone for Victoria’s debt he should blame the Lib NSW government that allowed the plague ship full of covid sufferers to dock and the passengers to depart to wherever they were bound.

But he has no brains, does not want to debate just posture and troll so he has filled this nonsense thread with dreck.

Notice that the idiot does not try to debate? Takes brains to debate, easier for the clown to just repeat his stupid post.

Jovial Monk wrote on May 6^th, 2024 at 6:11pm:

The high school dropout claims both main Parties are two wings of the same (unofficial) Party. Now he tries to castigate Vic Labor but because he is a complete idiot mixed it up with Federal debt. Govt debt {Yawn!} The last of the debt from the Great Depression and WWII were paid off by the Whitlam govt. Apart from the Whitlam govt none of the governments (mostly under stupid Menzies) paid the debt from Budget surpluses. Federal government debt is paid by expansion of the economy.

This is important; slavishly reducing debt via budget surpluses will hinder expansion of the economy.

....which aligns with the MMT axiom the government's debt is the private sector's surplus - since the debt is owed to private sector bond-holders. (Of course a currency-issuer doesn't NEED to borrow, but that's another story, explained in the MMT thread).

 

thegreatdivide wrote on May 7^th, 2024 at 11:48am:

Jovial Monk wrote on May 6th, 2024 at 6:11pm: The high school dropout claims both main Parties are two wings of the same (unofficial) Party. Now he tries to castigate Vic Labor but because he is a complete idiot mixed it up with Federal debt. Govt debt {Yawn!} The last of the debt from the Great Depression and WWII were paid off by the Whitlam govt. Apart from the Whitlam govt none of the governments (mostly under stupid Menzies) paid the debt from Budget surpluses. Federal government debt is paid by expansion of the economy. This is important; slavishly reducing debt via budget surpluses will hinder expansion of the economy. ....which aligns with the MMT axiom the government's debt is the private sector's surplus - since the debt is owed to private sector bond-holders. (Of course a currency-issuer doesn't NEED to borrow, but that's another story, explained in the MMT thread).

Labor just wants to stay in power -

even if the country is ruined.

Halfwits vote for them.

Bobby. wrote on May 6^th, 2024 at 5:55pm:

John Smith wrote on May 6th, 2024 at 5:53pm: Bobby. wrote on May 6th, 2024 at 7:11am: Federal Govt.  Roll Eyes once again goober shows why he's considered by EVERYONE to be the village idiot Smith, apologise - you Labor cockwomble. Your party has ruined our country - not only Victoria.

No need to prove your idiocy on a daily basis  Goober.

Not one Labor voter here including:
Greggy,
Monk,
Smith,
TGD

have shown any remorse by apologising for voting for Labor.
They won't accept the blame for ruining our country
by leaving us with 100 years of debt that can never be paid off.

As we speak - more money is being printed -
as Labor continues to spend more money than they receive in taxes.
Even if we get the Libbos back in power -
what the hell are they going to do about it?
We're stuffed.

Budget today in Victoria.   :-/

The high school dropout claims both main Parties are two wings of the same (unofficial) Party.

Now he tries to castigate Vic Labor but because he is a complete idiot mixed it up with Federal debt.


Govt debt {Yawn!}

The last of the debt from the Great Depression and WWII were paid off by the Whitlam govt. Apart from the Whitlam govt none of the governments (mostly under stupid Menzies) paid the debt from Budget surpluses. Federal government debt is paid by expansion of the economy.

If the moron known widely as Goober wants to blame someone for Victoria’s debt he should blame the Lib NSW government that allowed the plague ship full of covid sufferers to dock and the passengers to depart to wherever they were bound.

But he has no brains, does not want to debate just posture and troll so he has filled this nonsense thread with dreck.

BTW there will be a Budget surplus the next financial year. Now whinge about high tax rates, retard!      

No remorse from the village idiot.

Monk probably voted for sodomite marriage too.   ::)

channel 10 news - 

Victoria debt $26 million per day in interest on Dan's debt.

Budget tonight.

Bobby. wrote on May 7^th, 2024 at 4:35pm:

No remorse from the village idiot. Monk probably voted for sodomite marriage too.   ::)

Just to please you I voted Yes in the same sex marriage plebiscite.

Bobby. wrote on May 7^th, 2024 at 4:35pm:

No remorse from the village idiot.

No need to boast about it goober, we all know you're incapable of remorse

News about the Victorian Budget released today:

https://www.afr.com/politics/victorian-debt-to-hit-188b-as-labor-budget-shirks-cuts-20240507-p5fph3


Ratings warning over Victoria’s $188b debt.

Rating agencies have put the Victorian government on notice after it revealed state debt would climb to $188 billion in a budget which paused the Melbourne Airport Rail project and delivered $400 handouts for families, but failed to drastically cut spending.

Premier Jacinta Allan is counting on a growing economy and an interest rate cut later this year, which Treasurer Tim Pallas said he “fully expects to see”, to curb the state’s $26 million-a-day interest bill.

The budget came on the same day the Reserve Bank warned rates would stay higher for longer because of sticky inflation. Mr Pallas delivered a $15.2 billion deficit on Tuesday, with net debt growing from $156 billion next year to $188 billion by 2028, but forecast an operating surplus of $1.5 billion by 2025-26.


S&P Global Ratings analyst Anthony Walker said Victoria, which was downgraded two notches in 2020 from AAA to AA to become the worst rated state in Australia, could face another downgrade to AA- if state debt reached 240 per cent of operating revenues, or interest payments reached 10 per cent of those revenues.

S&P analysis previously warned Victoria carried a greater debt burden than 10 similar sub-sovereign states in Canada and Germany.

“We expect Victoria’s gross debt as a proportion of revenues to soar past 200 per cent of operating revenues,” Mr Walker said. “This is the highest among the Australian states and stems from successive operating deficits and its large capex since the pandemic hit in late fiscal 2020.

“Debt to operating revenues has almost tripled since this time. Victoria’s serviceability costs are also rising.”

Tuesday’s budget had no new taxes or levies for the first time in several years, although waste and fire levies will increase.


The Property Council of Australia slammed the government for “the complete absence of budget measures to alleviate the tax burden” to get more apartments and townhouses built. Residential landowners are already bracing for the extension of the Vacant Residential Land Tax, which will apply to all “vacant” properties from next year.

“Government’s revenue from state taxes is set to continue its steady upward trajectory, with total tax revenue expected to increase by more than $8 billion over the next five years, which represents a 22 per cent increase,” said Craig Whatman, tax partner at Pitcher Partners.
.................

I think that Dan Andrews is insane.

He's a megalomaniac.
https://dictionary.cambridge.org/dictionary/english/megalomaniac


He shut down the whole State over a couple of Covid cases  -
we had some of the longest lockdowns in the world -
5.5 million people under house arrest over a cold -
why didn't someone tap him on the shoulder and say - look Dan - you're a nut?

Then he borrowed fantastic amounts of money
100s of billions -
that we could never repay for improving the train infrastructure etc.
I mean it was a great idea but we couldn't afford it.

No one in his Labor Party stopped him -
they are all gutless cowards -
worried about keeping their jobs rather than what was best for the State and our future.
Dan turned into a dictator and they were all too scared to speak out.
We'll never pay that debt off - even in 50 years.
Every day it's draining $26 million in interest alone
and our debt will only increase.

Goober, you are aware that Dan Andrews is no longer premier, right? ;D ;D ;D ;D

John Smith wrote on May 8^th, 2024 at 7:44am:

Bobby, you are aware that Dan Andrews is no longer premier, right? ;D ;D ;D ;D

Of course I know that but the stink he left behind
will be with us long after I'm gone.
He stuffed Victoria for at least the next 50 years - maybe 100 years.

Labor is like a disease - it ruins economies.
We can't ever win with Labor in power.
Labor are losers and they make us all losers too.
Halfwits like you and Monk vote for them.   ::)

You used to vote for Labor until IQ bullied you into sounding like a right whinger.

You have no understanding of public finance—that is because you are a moron with no education.

John Smith wrote on May 8^th, 2024 at 7:44am:

Bobby, you are aware that Dan Andrews is no longer premier, right? ;D ;D ;D ;D

Of course I know that but the stink he left behind
will be with us long after I'm gone.
He stuffed Victoria for at least the next 50 years - maybe 100 years.

Labor is like a disease - it ruins economies.
We can't ever win with Labor in power.
Labor are losers and they make us all losers too.
Halfwits like you and Monk vote for them.   ::)

Monk even admitted to voting for sodomite marriage.   ::)

News about the Victorian Budget released yesterday:

https://www.afr.com/politics/victorian-debt-to-hit-188b-as-labor-budget-shirks-cuts-20240507-p5fph3


Ratings warning over Victoria’s $188b debt.

Rating agencies have put the Victorian government on notice after it revealed state debt would climb to $188 billion in a budget which paused the Melbourne Airport Rail project and delivered $400 handouts for families, but failed to drastically cut spending.

Premier Jacinta Allan is counting on a growing economy and an interest rate cut later this year, which Treasurer Tim Pallas said he “fully expects to see”, to curb the state’s $26 million-a-day interest bill.

The budget came on the same day the Reserve Bank warned rates would stay higher for longer because of sticky inflation. Mr Pallas delivered a $15.2 billion deficit on Tuesday, with net debt growing from $156 billion next year to $188 billion by 2028, but forecast an operating surplus of $1.5 billion by 2025-26.


S&P Global Ratings analyst Anthony Walker said Victoria, which was downgraded two notches in 2020 from AAA to AA to become the worst rated state in Australia, could face another downgrade to AA- if state debt reached 240 per cent of operating revenues, or interest payments reached 10 per cent of those revenues.

S&P analysis previously warned Victoria carried a greater debt burden than 10 similar sub-sovereign states in Canada and Germany.

“We expect Victoria’s gross debt as a proportion of revenues to soar past 200 per cent of operating revenues,” Mr Walker said. “This is the highest among the Australian states and stems from successive operating deficits and its large capex since the pandemic hit in late fiscal 2020.

“Debt to operating revenues has almost tripled since this time. Victoria’s serviceability costs are also rising.”

Tuesday’s budget had no new taxes or levies for the first time in several years, although waste and fire levies will increase.


The Property Council of Australia slammed the government for “the complete absence of budget measures to alleviate the tax burden” to get more apartments and townhouses built. Residential landowners are already bracing for the extension of the Vacant Residential Land Tax, which will apply to all “vacant” properties from next year.

“Government’s revenue from state taxes is set to continue its steady upward trajectory, with total tax revenue expected to increase by more than $8 billion over the next five years, which represents a 22 per cent increase,” said Craig Whatman, tax partner at Pitcher Partners.
.................

Bobby. wrote on May 8^th, 2024 at 7:58am:

Of course I know that but the stink he left behind will be with us long after I'm gone.

He made Victoria Great again. You should thank him

Bobby. wrote on May 7^th, 2024 at 12:48pm:

thegreatdivide wrote on May 7th, 2024 at 11:48am: Jovial Monk wrote on May 6th, 2024 at 6:11pm: The high school dropout claims both main Parties are two wings of the same (unofficial) Party. Now he tries to castigate Vic Labor but because he is a complete idiot mixed it up with Federal debt. Govt debt {Yawn!} The last of the debt from the Great Depression and WWII were paid off by the Whitlam govt. Apart from the Whitlam govt none of the governments (mostly under stupid Menzies) paid the debt from Budget surpluses. Federal government debt is paid by expansion of the economy. This is important; slavishly reducing debt via budget surpluses will hinder expansion of the economy. ....which aligns with the MMT axiom the government's debt is the private sector's surplus - since the debt is owed to private sector bond-holders. (Of course a currency-issuer doesn't NEED to borrow, but that's another story, explained in the MMT thread). Labor just wants to stay in power - even if the country is ruined. Halfwits vote for them.

Er.....why are the Libs on the nose with the electorate - not ONE LNP government on the mainland?

Victoria paying $25,000,000 interest per day.
And a call to stop all infrastructure …
There’s this nightmare roundabout where works started 4 months ago near us… and they put barriers up to make 2 lanes into one. Nothing has been done in last 2 months and traffic at peak times are horrendous and slow!
So there we have it, half done job and made it worse than ever.
Not happy Jan!  >:(

https://au.finance.yahoo.com/news/interest-bill-piling-victoria-state-054724909.html

While on about finance… how about this rort…
ATO… to make payment of tax by instalments…12% tax!
Such BS. Should be half that! How can they get away with such crap.
Who gets 12% interest on their savings?
And Re: inflation they want us to refrain from spending, and save… well what incentive is there with crap interest on savings.
Fair dinkum ATO….. you’re standing in it!

***

Sophia wrote on May 8^th, 2024 at 1:13pm:

Victoria paying $25,000,000 interest per day. And a call to stop all infrastructure … There’s this nightmare roundabout where works started 4 months ago near us… and they put barriers up to make 2 lanes into one. Nothing has been done in last 2 months and traffic at peak times are horrendous and slow! So there we have it, half done job and made it worse than ever. Not happy Jan!  >:( https://au.finance.yahoo.com/news/interest-bill-piling-victoria-state-054724909.html

Given your aversion to paying tax  (see your 2nd post), what is your policy for funding infrastructure?

thegreatdivide wrote on May 8^th, 2024 at 1:48pm:

Sophia wrote on May 8th, 2024 at 1:13pm: Victoria paying $25,000,000 interest per day. And a call to stop all infrastructure … There’s this nightmare roundabout where works started 4 months ago near us… and they put barriers up to make 2 lanes into one. Nothing has been done in last 2 months and traffic at peak times are horrendous and slow! So there we have it, half done job and made it worse than ever. Not happy Jan!  >:( https://au.finance.yahoo.com/news/interest-bill-piling-victoria-state-054724909.html Given your aversion to paying tax  (see your 2nd post), what is your policy for funding infrastructure?

I didn’t write of any aversion of paying tax… I have a dislike of the ATO charging 12% for paying in instalments. I thought it excessive!
Half that would suffice don’t you think?

***

Sophia wrote on May 8^th, 2024 at 1:23pm:

While on about finance… how about this rort… ATO… to make payment of tax by instalments…12% tax! Such BS. Should be half that! How can they get away with such crap. Who gets 12% interest on their savings? And Re: inflation they want us to refrain from spending, and save… well what incentive is there with crap interest on savings. Fair dinkum ATO….. you’re standing in it!

I don't understand that.
Surely you only pay tax in advance for the correct amount that
you'd end up paying at the end of the financial year?

thegreatdivide wrote on May 8^th, 2024 at 11:57am:

Bobby. wrote on May 7th, 2024 at 12:48pm: Labor just wants to stay in power - even if the country is ruined. Halfwits vote for them. Er.....why are the Libs on the nose with the electorate - not ONE LNP government on the mainland?

Labor tricked the voters -
they never mentioned that they would allow mass immigration -
putting severe pressure on rental accommodation and house prices.
It also puts strains on: hospitals, schools, roads, railways and social security.

Immigration is great - we were built on immigration -
but there has to be limits and this year we will see 1 million more immigrants.
It's just far too many.
Where are these people supposed to live?

Sophia wrote on May 8^th, 2024 at 2:03pm:

thegreatdivide wrote on May 8th, 2024 at 1:48pm: Sophia wrote on May 8th, 2024 at 1:13pm: Victoria paying $25,000,000 interest per day. And a call to stop all infrastructure … There’s this nightmare roundabout where works started 4 months ago near us… and they put barriers up to make 2 lanes into one. Nothing has been done in last 2 months and traffic at peak times are horrendous and slow! So there we have it, half done job and made it worse than ever. Not happy Jan!  >:( https://au.finance.yahoo.com/news/interest-bill-piling-victoria-state-054724909.html Given your aversion to paying tax  (see your 2nd post), what is your policy for funding infrastructure? I didn’t write of any aversion of paying tax… I have a dislike of the ATO charging 12% for paying in instalments. I thought it excessive! Half that would suffice don’t you think?

Yes. In fact there should be NO interest charged on people who can't afford to pay tax in one go.

BUT - back to the topic; how should "bankrupt" Victoria pay for essential infrastructure? 

Bobby. wrote on May 8^th, 2024 at 2:26pm:

thegreatdivide wrote on May 8th, 2024 at 11:57am: Bobby. wrote on May 7th, 2024 at 12:48pm: Labor just wants to stay in power - even if the country is ruined. Halfwits vote for them. Er.....why are the Libs on the nose with the electorate - not ONE LNP government on the mainland? Labor tricked the voters - they never mentioned that they would allow mass immigration - putting severe pressure on rental accommodation and house prices. It also puts strains on: hospitals, schools, roads, railways and social security. Immigration is great - we were built on immigration - but there has to be limits and this year we will see 1 million more immigrants. It's just far too many. Where are these people supposed to live?

Oh... so Labor is in power everywhere on the mainland because Labor tricked the electorate  on immigation. 

Nice one, both sides are signed up to a 'big Oz' policy. 

And Morrison added $half a trillion to national debt, to avoid social collapse during the pandemic. 

thegreatdivide wrote on May 8^th, 2024 at 2:30pm:

Sophia wrote on May 8th, 2024 at 2:03pm: thegreatdivide wrote on May 8th, 2024 at 1:48pm: Sophia wrote on May 8th, 2024 at 1:13pm: Victoria paying $25,000,000 interest per day. And a call to stop all infrastructure … There’s this nightmare roundabout where works started 4 months ago near us… and they put barriers up to make 2 lanes into one. Nothing has been done in last 2 months and traffic at peak times are horrendous and slow! So there we have it, half done job and made it worse than ever. Not happy Jan!  >:( https://au.finance.yahoo.com/news/interest-bill-piling-victoria-state-054724909.html Given your aversion to paying tax  (see your 2nd post), what is your policy for funding infrastructure? I didn’t write of any aversion of paying tax… I have a dislike of the ATO charging 12% for paying in instalments. I thought it excessive! Half that would suffice don’t you think? Yes. In fact there should be NO interest charged on people who can't afford to pay tax in one go. BUT - back to the topic; how should "bankrupt" Victoria pay for essential infrastructure?

Glad we both see eye to eye RE: tax instalments should be have any interest but even half what they do charge is better than 12%

Re: our Vic infrastructure… it became obvious our guvment ran out of money 2 months ago when all machinery were removed from that nightmare roundabout… and no works in progress since,
Hubby was in the money when he said back then…”they ran out of money”

Looks like we are stuffed then. Catch 22.

In our travels, we note Qld is doing so well with their continual road works, it’s enviable.

Our debt in Vic is so high, I wish I knew where it was all spent.
I said loooong ago… the mothers club should run the finances in our state.

thegreatdivide wrote on May 8^th, 2024 at 2:37pm:

Bobby. wrote on May 8th, 2024 at 2:26pm: thegreatdivide wrote on May 8th, 2024 at 11:57am: Bobby. wrote on May 7th, 2024 at 12:48pm: Labor just wants to stay in power - even if the country is ruined. Halfwits vote for them. Er.....why are the Libs on the nose with the electorate - not ONE LNP government on the mainland? Labor tricked the voters - they never mentioned that they would allow mass immigration - putting severe pressure on rental accommodation and house prices. It also puts strains on: hospitals, schools, roads, railways and social security. Immigration is great - we were built on immigration - but there has to be limits and this year we will see 1 million more immigrants. It's just far too many. Where are these people supposed to live? Oh... so Labor is in power everywhere on the mainland because Labor tricked the electorate  on immigation.  Nice one, both sides are signed up to a 'big Oz' policy.  And Morrison added $half a trillion to national debt, to avoid social collapse during the pandemic.

Morrison over reacted  but it didn't help that Dan closed Victoria down and
then put his hand out for 100s of $billions to pay people out of work.   ::)

Sophia wrote on May 8^th, 2024 at 2:43pm:

Glad we both see eye to eye RE: tax instalments should be have any interest but even half what they do charge is better than 12% Re: our Vic infrastructure… it became obvious our guvment ran out of money 2 months ago when all machinery were removed from that nightmare roundabout… and no works in progress since, Hubby was in the money when he said back then…”they ran out of money” Looks like we are stuffed then. Catch 22. In our travels, we note Qld is doing so well with their continual road works, it’s enviable. Our debt in Vic is so high, I wish I knew where it was all spent. I said loooong ago… the mothers club should run the finances in our state.

I see I can't expect any ideas from you re funding infrastructure in "bankrupt" Victoria - you are happy to go with the mother's club instead....

Try telling hubby the Federal govenment can't run out of Australian dollars**, because the Oz treasury (+CB)  is the only legal issuer of them (the only legal institution in the world to issue Oz dollars - apart from private banks in Oz, another story).

** and hence it can deal with Vic debt.

Poor Bobby proudly sports his ignorance of the nature of money, perhaps hubby has a more sophisticated awareness...

https://www.youtube.com/watch?v=3HRgsYSLOYw&t=90s

thegreatdivide wrote on May 8^th, 2024 at 3:00pm:

Sophia wrote on May 8th, 2024 at 2:43pm: Glad we both see eye to eye RE: tax instalments should be have any interest but even half what they do charge is better than 12% Re: our Vic infrastructure… it became obvious our guvment ran out of money 2 months ago when all machinery were removed from that nightmare roundabout… and no works in progress since, Hubby was in the money when he said back then…”they ran out of money” Looks like we are stuffed then. Catch 22. In our travels, we note Qld is doing so well with their continual road works, it’s enviable. Our debt in Vic is so high, I wish I knew where it was all spent. I said loooong ago… the mothers club should run the finances in our state. I see I can't expect any ideas from you re funding infrastructure in "bankrupt" Victoria - you are happy to go with the mother's club instead.... Try telling hubby the Federal govenment can't run out of Australian dollars**, because the Oz treasury (+CB)  is the only legal issuer of them (the only legal institution in the world to issue Oz dollars - apart from private banks in Oz, another story). ** and hence it can deal with Vic debt. Poor Bobby proudly sports his ignorance of the nature of money, perhaps hubby has a more sophisticated awareness... https://www.youtube.com/watch?v=3HRgsYSLOYw&t=90s

Yes - they can print money but sooner or later it will cause hyper-inflation.
Inflation already cost me a fortune in the last 3 years.
The money printing losers at the RBA - turning Aussie's into losers.

https://media.gab.com/system/media_attachments/files/110/473/207/original/e5a6a6432e5c0f71.jpg

You know what pisses me off?

the RBA carrying on about -

ohh we have to raise interest rates because inflation is out of control.

Not once did they ever come out and apologise for the inflation
by admitting they printed all the funny money that caused it.

It's their fault.

Bobby. wrote on May 8^th, 2024 at 5:06pm:

You know what pisses me off? the RBA carrying on about - ohh we have to raise interest rates because inflation is out of control. Not once did they ever come out and apologise for the inflation by admitting they printed all the funny money that caused it. It's their fault.

Poor Bobby, prouldly sporting his ignorance of the  nature of money, which is always created out of thin air, whether by governments or private banks so authorized.

Price controls, and rationing when supply fails,  will fix inflation.   And CB's should be demoted to the role of clearing service for private banks, in a permanent near zero interest-rate scenario. 

thegreatdivide wrote on May 8^th, 2024 at 5:23pm:

Bobby. wrote on May 8th, 2024 at 5:06pm: You know what pisses me off? the RBA carrying on about - ohh we have to raise interest rates because inflation is out of control. Not once did they ever come out and apologise for the inflation by admitting they printed all the funny money that caused it. It's their fault. Poor Bobby, prouldly sporting his ignorance of the  nature of money, which is always created out of thin air, whether by governments or private banks so authorized. Price controls, and rationing when supply fails,  will fix inflation.   And CB's should be demoted to the role of clearing service for private banks, in a permanent near zero interest-rate scenario.

Our central bank - the RBA printed $1.2 trillion.    :o


Australian debt clock:

https://australiandebtclock.com.au/

Sophia wrote on May 8^th, 2024 at 2:43pm:

In our travels, we note Qld is doing so well with their continual road works, it’s enviable.

Continual roads works? They were working on expanding the M1 on the GC when I moved up there 16 yrs ago, they were still working on the same expansion programme when I left last year. It's only enviable for those not having to drive on it daily, for the locals it's a disaster.

John Smith wrote on May 8^th, 2024 at 5:57pm:

Sophia wrote on May 8th, 2024 at 2:43pm: In our travels, we note Qld is doing so well with their continual road works, it’s enviable. Continual roads works? They were working on expanding the M1 on the GC when I moved up there 16 yrs ago, they were still working on the same expansion programme when I left last year. It's only enviable for those not having to drive on it daily, for the locals it's a disaster.

I know of a roundabout in Victoria that took 18 months to be built.
Every time I went past there were men leaning on shovels doing nothing.   ::)

Bobby. wrote on May 8^th, 2024 at 5:53pm:

thegreatdivide wrote on May 8th, 2024 at 5:23pm: Bobby. wrote on May 8th, 2024 at 5:06pm: You know what pisses me off? the RBA carrying on about - ohh we have to raise interest rates because inflation is out of control. Not once did they ever come out and apologise for the inflation by admitting they printed all the funny money that caused it. It's their fault. Poor Bobby, prouldly sporting his ignorance of the  nature of money, which is always created out of thin air, whether by governments or private banks so authorized. Price controls, and rationing when supply fails,  will fix inflation.   And CB's should be demoted to the role of clearing service for private banks, in a permanent near zero interest-rate scenario.  Our central bank - the RBA printed $1.2 trillion.    :o Australian debt clock: https://australiandebtclock.com.au/

Who owns that debt, bobby?

thegreatdivide wrote on May 8^th, 2024 at 7:07pm:

Bobby. wrote on May 8th, 2024 at 5:53pm: thegreatdivide wrote on May 8th, 2024 at 5:23pm: Bobby. wrote on May 8th, 2024 at 5:06pm: You know what pisses me off? the RBA carrying on about - ohh we have to raise interest rates because inflation is out of control. Not once did they ever come out and apologise for the inflation by admitting they printed all the funny money that caused it. It's their fault. Poor Bobby, prouldly sporting his ignorance of the  nature of money, which is always created out of thin air, whether by governments or private banks so authorized. Price controls, and rationing when supply fails,  will fix inflation.   And CB's should be demoted to the role of clearing service for private banks, in a permanent near zero interest-rate scenario.  Our central bank - the RBA printed $1.2 trillion.    :o Australian debt clock: https://australiandebtclock.com.au/ Who owns that debt, bobby?

You are missing the point.
people's savings are turned into toilet paper:


https://media.gab.com/system/media_attachments/files/110/473/207/original/e5a6a6432e5c0f71.jpg

Poor braindead Goober thinks that any money creation causes hyperinflation.

JK Galbraith “Money, whence it came, where it went” is a book he could—but won’t—read for some info re money creation.

Need a functioning brain to read books and learn. Goober does not have a functioning brain.

Jovial Monk wrote on May 8^th, 2024 at 7:27pm:

Poor braindead Goober thinks that any money creation causes hyperinflation. JK Galbraith “Money, whence it came, where it went” is a book he could—but won’t—read for some info re money creation. Need a functioning brain to read books and learn. Goober does not have a functioning brain.

Say that again dickhead when it costs you $100 trillion to buy a loaf of bread.   ::)

You are still a high school dropout and dead set idiot.

thegreatdivide wrote on May 8^th, 2024 at 3:00pm:

Sophia wrote on May 8th, 2024 at 2:43pm: Glad we both see eye to eye RE: tax instalments should be have any interest but even half what they do charge is better than 12% Re: our Vic infrastructure… it became obvious our guvment ran out of money 2 months ago when all machinery were removed from that nightmare roundabout… and no works in progress since, Hubby was in the money when he said back then…”they ran out of money” Looks like we are stuffed then. Catch 22. In our travels, we note Qld is doing so well with their continual road works, it’s enviable. Our debt in Vic is so high, I wish I knew where it was all spent. I said loooong ago… the mothers club should run the finances in our state. I see I can't expect any ideas from you re funding infrastructure in "bankrupt" Victoria - you are happy to go with the mother's club instead.... Try telling hubby the Federal govenment can't run out of Australian dollars**, because the Oz treasury (+CB)  is the only legal issuer of them (the only legal institution in the world to issue Oz dollars - apart from private banks in Oz, another story). ** and hence it can deal with Vic debt. Poor Bobby proudly sports his ignorance of the nature of money, perhaps hubby has a more sophisticated awareness... https://www.youtube.com/watch?v=3HRgsYSLOYw&t=90s

Nope, too late for our rescue I’m afraid, once upon a time when it was redeemable the mothers knew best how to budget, feed family, fundraise for schools needs, and save for a rainy day.
Now… we are just left with holding the baby.
And a big one at that. Ever hungry with little growth.

Back when Libs were in circus 1980s they pulled the purse strings real tight. A lot of services cut (like visiting health nurses in rural areas for baby checks etc) schools closed down and hence crowded classrooms, I recall my mum whinging about the Libs, saying they had a porcupine in their pocket and too afraid to spend! But did Victoria lift its debt? Didn’t we become debt free at that point in time?
Enter labor and what happens next?

***

thegreatdivide wrote on May 8^th, 2024 at 3:00pm:

Sophia wrote on May 8th, 2024 at 2:43pm: Glad we both see eye to eye RE: tax instalments should be have any interest but even half what they do charge is better than 12% Re: our Vic infrastructure… it became obvious our guvment ran out of money 2 months ago when all machinery were removed from that nightmare roundabout… and no works in progress since, Hubby was in the money when he said back then…”they ran out of money” Looks like we are stuffed then. Catch 22. In our travels, we note Qld is doing so well with their continual road works, it’s enviable. Our debt in Vic is so high, I wish I knew where it was all spent. I said loooong ago… the mothers club should run the finances in our state. I see I can't expect any ideas from you re funding infrastructure in "bankrupt" Victoria - you are happy to go with the mother's club instead.... Try telling hubby the Federal govenment can't run out of Australian dollars**, because the Oz treasury (+CB)  is the only legal issuer of them (the only legal institution in the world to issue Oz dollars - apart from private banks in Oz, another story). ** and hence it can deal with Vic debt. Poor Bobby proudly sports his ignorance of the nature of money, perhaps hubby has a more sophisticated awareness... https://www.youtube.com/watch?v=3HRgsYSLOYw&t=90s

Thanks a lot - that YouTube video links to a movie
which is a dangerous website.    ::)


Norton.

Quote:

Dangerous Web Page Blocked You attempted to access https://playseriesnow.com/registration?theme=m-2-toroWLX This is a known dangerous webpage. It is highly recommended that you do NOT visit this page. Visit Norton to learn more about phishing and internet security.

flip

Bobby. wrote on May 8^th, 2024 at 7:10pm:

thegreatdivide wrote on May 8th, 2024 at 7:07pm: Bobby. wrote on May 8th, 2024 at 5:53pm: thegreatdivide wrote on May 8th, 2024 at 5:23pm: Bobby. wrote on May 8th, 2024 at 5:06pm: You know what pisses me off? the RBA carrying on about - ohh we have to raise interest rates because inflation is out of control. Not once did they ever come out and apologise for the inflation by admitting they printed all the funny money that caused it. It's their fault. Poor Bobby, prouldly sporting his ignorance of the  nature of money, which is always created out of thin air, whether by governments or private banks so authorized. Price controls, and rationing when supply fails,  will fix inflation.   And CB's should be demoted to the role of clearing service for private banks, in a permanent near zero interest-rate scenario.  Our central bank - the RBA printed $1.2 trillion.    :o Australian debt clock: https://australiandebtclock.com.au/ Who owns that debt, bobby? You are missing the point. people's savings are turned into toilet paper:

Wrong on both counts:

Who owns the debt IS the point.

And peoples' savings are only "turned into toilet paper" under hyperinflation, inflation in Oz can be offset by a 4-5% term deposit if you have savings.

thegreatdivide wrote on May 9^th, 2024 at 2:54pm:

Wrong on both counts: Who owns the debt IS the point. And peoples' savings are only "turned into toilet paper in hyperinflation", inflation is Oz can be offset by a 4-5% term deposit.

Bullshit - for housing, inflation was as high as 20% per annum and even more.

Have you seen the prices in the supermarket lately?
In the last year many prices are up between 50% and 250%.

Also - you pay taxes on deposit interest in the bank -
you can't claim for inflation.

Bobby. wrote on May 9^th, 2024 at 1:37pm:

Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::)

??

The link to the youtube movie works well here.

Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection). 

thegreatdivide wrote on May 9^th, 2024 at 3:01pm:

Bobby. wrote on May 9th, 2024 at 1:37pm: Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::) ?? The link to the youtube movie works well here. Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection).

I'm not about to go against the advice of Norton.
What anti-virus are you using?

Bobby. wrote on May 9^th, 2024 at 3:01pm:

thegreatdivide wrote on May 9th, 2024 at 2:54pm: Wrong on both counts: Who owns the debt IS the point. And peoples' savings are only "turned into toilet paper in hyperinflation", inflation is Oz can be offset by a 4-5% term deposit. Bullshit -

Wrong again; who owns the government's debt IS the issue.


Quote:

for housing, inflation was as high as 20% per annum and even more.

Now you are talking about private sector (housing) debt, not government debt. Do try to keep up.


Quote:

Have you seen the prices in the supermarket lately? In the last year many prices are up between 50% and 250%.

Still off topic - refer to the thread's title.


Quote:

Also - you pay taxes on deposit interest in the bank - you can't claim for inflation.

How high is your tax rate?

Bobby. wrote on May 9^th, 2024 at 3:07pm:

thegreatdivide wrote on May 9th, 2024 at 3:01pm: Bobby. wrote on May 9th, 2024 at 1:37pm: Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::) ?? The link to the youtube movie works well here. Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection).  I'm not about to go against the advice of Norton. What anti-virus are you using?

Norton.

thegreatdivide wrote on May 9^th, 2024 at 3:13pm:

Bobby. wrote on May 9th, 2024 at 3:07pm: thegreatdivide wrote on May 9th, 2024 at 3:01pm: Bobby. wrote on May 9th, 2024 at 1:37pm: Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::) ?? The link to the youtube movie works well here. Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection).  I'm not about to go against the advice of Norton. What anti-virus are you using? Norton.

How come your Norton has different advice to my Norton?

thegreatdivide wrote on May 9^th, 2024 at 3:11pm:

Bobby. wrote on May 9th, 2024 at 3:01pm: thegreatdivide wrote on May 9th, 2024 at 2:54pm: Wrong on both counts: Who owns the debt IS the point. And peoples' savings are only "turned into toilet paper in hyperinflation", inflation is Oz can be offset by a 4-5% term deposit. Bullshit - Wrong again; who owns the government's debt IS the issue. Quote: for housing, inflation was as high as 20% per annum and even more. Now you are talking about private sector (housing) debt, not government debt. Do try to keep up. [quote]Have you seen the prices in the supermarket lately? In the last year many prices are up between 50% and 250%.

Still off topic - refer to the thread's title.


Quote:

Also - you pay taxes on deposit interest in the bank - you can't claim for inflation.

How high is your tax rate?
[/quote]


That's all irrelevant.
Labor can't manage money -
they borrow insane amounts of money at the State level -
leading to appalling interest repayments - draining funds forever -

at the Federal level - they issue Govt Bonds and the RBA prints money to pay for them.
It leads to high inflation which is a terrible stress on everyone -
savings in the bank are destroyed.

Bobby. wrote on May 9^th, 2024 at 3:15pm:

thegreatdivide wrote on May 9th, 2024 at 3:13pm: Bobby. wrote on May 9th, 2024 at 3:07pm: thegreatdivide wrote on May 9th, 2024 at 3:01pm: Bobby. wrote on May 9th, 2024 at 1:37pm: Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::) ?? The link to the youtube movie works well here. Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection).  I'm not about to go against the advice of Norton. What anti-virus are you using? Norton. Good question. I was receiving those messages some time back, but not now. I ignored them at the time; I guessed Lisa was probably  trying to hack my account (which she claimed she would do, some time back - about the same time she disppeared from Oz Pol. ...). [quote]How come your Norton has different advice to my Norton?

See above.  As for your "advice" - it's a mystery.

Ignore it,  as I did.

thegreatdivide wrote on May 9^th, 2024 at 3:27pm:

Bobby. wrote on May 9th, 2024 at 3:15pm: thegreatdivide wrote on May 9th, 2024 at 3:13pm: Bobby. wrote on May 9th, 2024 at 3:07pm: thegreatdivide wrote on May 9th, 2024 at 3:01pm: Bobby. wrote on May 9th, 2024 at 1:37pm: Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::) ?? The link to the youtube movie works well here. Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection).  I'm not about to go against the advice of Norton. What anti-virus are you using? Norton. Good question. I was receiving those messages some time back, but not now. I ignored them at the time; I guessed Lisa was probably  trying to hack my account (which she claimed she would do, some time back - about the same time she disppeared from Oz Pol. ...). [quote]How come your Norton has different advice to my Norton? See above.  As for your "advice" - it's a mystery. Ignore it,  as I did.

Don't ignore it.
You'll get malware or a Trojan horse or a virus.

Bobby. wrote on May 9^th, 2024 at 3:19pm:

thegreatdivide wrote on May 9th, 2024 at 3:11pm: Bobby. wrote on May 9th, 2024 at 3:01pm: thegreatdivide wrote on May 9th, 2024 at 2:54pm: Wrong on both counts: Who owns the debt IS the point. And peoples' savings are only "turned into toilet paper in hyperinflation", inflation is Oz can be offset by a 4-5% term deposit. Bullshit - Wrong again; who owns the government's debt IS the issue. Quote: for housing, inflation was as high as 20% per annum and even more. Now you are talking about private sector (housing) debt, not government debt. Do try to keep up. [quote]Have you seen the prices in the supermarket lately? In the last year many prices are up between 50% and 250%. Still off topic - refer to the thread's title. [quote]Also - you pay taxes on deposit interest in the bank - you can't claim for inflation.

How high is your tax rate?
[/quote]


That's all irrelevant.[/quote]

No it's not, "bankrupt Vic" --- government debt --- not private debt.


Quote:

Labor can't manage money - they borrow insane amounts of money at the State level - leading to appalling interest repayments - draining funds forever -

Both sides are signed up to 'balanced government budget' mythology,  Labor are more likely to favour the working class, within that false constraint of government debt. 


Quote:

at the Federal level - they issue Govt Bonds and the RBA prints money to pay for them. It leads to high inflation which is a terrible stress on everyone - savings in the bank are destroyed.

It doesn't lead to inflation, because the bond-holders' money is tied up in the bonds.

Ofcouse, private sector (and public sector) spending - beyond the economy's productive capacity - causes inflation.

Bobby. wrote on May 9^th, 2024 at 3:31pm:

thegreatdivide wrote on May 9th, 2024 at 3:27pm: Bobby. wrote on May 9th, 2024 at 3:15pm: thegreatdivide wrote on May 9th, 2024 at 3:13pm: Bobby. wrote on May 9th, 2024 at 3:07pm: thegreatdivide wrote on May 9th, 2024 at 3:01pm: Bobby. wrote on May 9th, 2024 at 1:37pm: Thanks a lot - that YouTube video links to a movie which is a dangerous website.    ::) ?? The link to the youtube movie works well here. Nothing "dangerous" about it. Maybe Norton is drumming up business  (I already have good internet protection).  I'm not about to go against the advice of Norton. What anti-virus are you using? Norton. Good question. I was receiving those messages some time back, but not now. I ignored them at the time; I guessed Lisa was probably  trying to hack my account (which she claimed she would do, some time back - about the same time she disppeared from Oz Pol. ...). [quote]How come your Norton has different advice to my Norton? See above.  As for your "advice" - it's a mystery. Ignore it,  as I did. Don't ignore it. You'll get malware or a Trojan horse or a virus.

I'm a Norton subscriber - no prblems in more than a year (though I'm hyper-aware of email scams).

In opposition  to Bobby's - and the mainstream RW  media's -  shrill cries about "bankrupt Victoria", from Prof. Bill Mitchell (I'll post the link in the MMT thread later).

And so it went, the media outlets were having a field day talking up some confected sense of catastrophe and calling for even harsher fiscal cuts than the Victorian Labor government actually announced.

As a matter of fact, the Victorian Opposition conservatives are a total rabble – dysfunctional, incompetent and without any merits that would suggest they are ready to govern the state when the next election is held.

Yet all the ‘debt’ talk is providing them with a surge in the polls.

And spare the thought if they were actually elected.

Take a moment.

Imagine if someone in the RBA offices accidently typed some zeros in the accounting system against the RBA holdings of federal government and state and territory government debt.

In other words, just wiped the huge RBA holdings off.

Nearly a third of the Federal government debt would disappear, while a significant slice of the semis debt (state and territories) would vanish.

Would the media still be able to claim there was a major fiscal crisis at all levels of government?

Unlikely, the graphs that they carefully manipulate the vertical scales to show government debt going through the roof would look like Mt Everest.

Oh dear… on news tonight…
Victoria is so broke the cancer researchers are facing a budget cut.
Might see a mass exodus of people going to live interstate?
Victoria not the place to be die.  :-[

Sophia wrote on May 9^th, 2024 at 6:15pm:

Oh dear… on news tonight… Victoria is so broke the cancer researchers are facing a budget cut. Might see a mass exodus of people going to live interstate? Victoria not the place to be die.  :-[

Those $26 million per day interest payments on Labor's debt come first.

And where does a lot of the money go?

Public servants:

https://www.spectator.com.au/2021/11/november-11-2021-the-day-the-great-war-against-the-private-sector-was-won/

It is pay walled, so here's the important bits.

"Without the slightest hint of irony, the Australian Bureau of Statistics yesterday released the latest Employment and Earnings, Public Sector data for Australia. On the eleventh day of the eleventh month, Australians learned about how many people work for our bureaucratic leviathan."

"In the 12 months to end June 2021, the number of public sector employees across the three levels of Australian (Commonwealth, State and Local) government increased by 3% to 2.1 million. Yes. In a country where the working age population is 12.5 million, 2.1 million people work for the government. One in six people."

and finally, a dig at Victoria ..
"But Victorians should fret not. Its public sector had a great pandemic.
Victorian public sector total wages and salaries increased by 9% reflecting both increased costs and an extra 19,000 public servants. This compared very well with a national (State and Territory) wages and salaries increase of 5%.
Did the Victorian economy grow by 9%? No. Did the Victorian population grow by 9%? No. But the cost of the Victorian public sector grew that much. So many achievements for the Andrews government to be proud of in addition to the world’s longest citizen lockdown (or was that lock up?)."

Bobby. wrote on May 9^th, 2024 at 8:32pm:

And where does a lot of the money go? Public servants: https://www.spectator.com.au/2021/11/november-11-2021-the-day-the-great-war-against-the-private-sector-was-won/ It is pay walled, so here's the important bits. "Without the slightest hint of irony, the Australian Bureau of Statistics yesterday released the latest Employment and Earnings, Public Sector data for Australia. On the eleventh day of the eleventh month, Australians learned about how many people work for our bureaucratic leviathan." "In the 12 months to end June 2021, the number of public sector employees across the three levels of Australian (Commonwealth, State and Local) government increased by 3% to 2.1 million. Yes. In a country where the working age population is 12.5 million, 2.1 million people work for the government. One in six people." and finally, a dig at Victoria .. "But Victorians should fret not. Its public sector had a great pandemic. Victorian public sector total wages and salaries increased by 9% reflecting both increased costs and an extra 19,000 public servants. This compared very well with a national (State and Territory) wages and salaries increase of 5%. Did the Victorian economy grow by 9%? No. Did the Victorian population grow by 9%? No. But the cost of the Victorian public sector grew that much. So many achievements for the Andrews government to be proud of in addition to the world’s longest citizen lockdown (or was that lock up?)."

All based on flat-earth, mainstream lunacy about government debt, as explained by Prof. Mitchell (see the latest MMT thread).

A pity; Melbourne needs an underground rail link between the airport and the CBD: if the workers and resources needed to build it are available, it can be built without worrying about debt which is immaterial for a currency-issuer - eg the Oz treasury which can make Vic state (public) debt disappear as if by magic, with price controls and rationing to control inflation....I can hear the free marketeers screaming from here.

Dear TGD -

you need to watch this as the same will happen here or
is already happening:


The Hidden Financial Black Hole Waiting The Next Government

Economics Help UK


https://www.youtube.com/watch?v=PuoMsmZlwQI

Get ready for Labor's Federal budget:


https://www.youtube.com/watch?v=mhxu-gJFXSw

We're still waiting for Monk to apologise for voting Labor.    ::)

Bobby. wrote on May 10^th, 2024 at 10:06pm:

Dear TGD - you need to watch this as the same will happen here or is already happening: The Hidden Financial Black Hole Waiting The Next Government Economics Help UK https://www.youtube.com/watch?v=PuoMsmZlwQI

No I don't need to read it.

Memo for Bobby: the UK government can't run out of UK pounds sterling. Your financial ignorance is deplorable.

The UK government can certainly mismanage the economy, which is what is happening now.

Dear TGD,

you can lead a horse to water but you can't make it drink.


forgiven

namaste

╰დ╮ॐ╭დ╯

A mass exodus of Melbourne investors and businesses! Are you buying a home or debt?

https://www.youtube.com/watch?v=fI4XOeng-94



Recently, the news has been about the turmoil in Melbourne's property market, leaving nothing but discontent for investors. "Increased taxes are the last straw breaking the back of property investors in Victoria," "I didn't buy five investment properties; I bought five debts," "Sales of new builds plummet as investors flee," "Melbourne's land tax forces factories to relocate to other states"... such stories are becoming all too common. In recent years, Melbourne's property prices have lagged behind other Australian cities. What used to be a robust market is now faltering. What are the six key reasons for Melbourne's weakening property trend? Is there still hope for investing in Melbourne's real estate market? Six major changes will shape the city's market performance in the coming years. For those interested in Melbourne's property scene, today's content is something you otherwise have to hear in a top university.

Quote:

Herald Sun @theheraldsun Victorians will soon be handing over $26m a day — $9.4bn a year — just to cover the interest payments on the state’s growing debt pile. Here’s the staggering number of essential workers that would pay for https://twitter.com/theheraldsun/status/1788765916211413179

$26 million a day just to cover interest on money Dan and labor pissed away.

The Hume hwy looks like the best thing to come out of Melbourne at this time

Baronvonrort wrote on May 11^th, 2024 at 6:38pm:

Quote: Herald Sun @theheraldsun Victorians will soon be handing over $26m a day — $9.4bn a year — just to cover the interest payments on the state’s growing debt pile. Here’s the staggering number of essential workers that would pay for https://twitter.com/theheraldsun/status/1788765916211413179 $26 million a day just to cover interest on money Dan and labor pissed away. The Hume hwy looks like the best thing to come out of Melbourne at this time

They kept voting Dan back in -  WTF?

I was just having a conversation with another music teacher, I said to him how it’s good for primary school children to learn music at least 18 months minimum as it increases their maths IQ.
He told me that parents are pulling their children out of music because of cutting back and unaffordability due to rising costs of living etc
Now that’s sad.
Maybe one day in future we’ll have no future musicians in Victoria?
Unless in some cases a type of bartering in place with save the day.
Eg: I will teach your child music if you give me fresh fruit from your orchard as payment or vice versa.

***

***

Bobby. wrote on May 11^th, 2024 at 2:08pm:

Dear TGD, you can lead a horse to water but you can't make it drink. forgiven namaste ╰დ╮ॐ╭დ╯

I need to forgive YOU and the mainstream economic flat-earthers deluded by free markets and  Friedmanite monetarism.

Now you are telling us the Victorian government can't afford to teach school kids music, or build the airport freeway, despite the fact Vic. has the resoures to do those things.

Deplorable. 

thegreatdivide wrote on May 12^th, 2024 at 2:09pm:

Bobby. wrote on May 11th, 2024 at 2:08pm: Dear TGD, you can lead a horse to water but you can't make it drink. forgiven namaste ╰დ╮ॐ╭დ╯ I need to forgive YOU and the mainstream economic flat-earthers deluded by free markets and  Friedmanite monetarism. Now you are telling us the Victorian government can't afford to teach school kids music, or build the airport freeway, despite the fact Vic. has the resources to do those things. Deplorable.

Sophia mentioned music lessons not me.

forgiven

namaste

╰დ╮ॐ╭დ╯

Bobby. wrote on May 12^th, 2024 at 2:29pm:

thegreatdivide wrote on May 12th, 2024 at 2:09pm: Bobby. wrote on May 11th, 2024 at 2:08pm: Dear TGD, you can lead a horse to water but you can't make it drink. forgiven namaste ╰დ╮ॐ╭დ╯ I need to forgive YOU and the mainstream economic flat-earthers deluded by free markets and  Friedmanite monetarism. Now you are telling us the Victorian government can't afford to teach school kids music, or build the airport freeway, despite the fact Vic. has the resources to do those things. Deplorable.  Sophia mentioned music lessons not me. forgiven namaste ╰დ╮ॐ╭დ╯

YOU are claimng the Vic, government cant "afford" to fund  spending  eg to build infrasctructure, and teach music in schools, because of 'government debt'.

Not forgiven.    

thegreatdivide wrote on May 12^th, 2024 at 3:16pm:

YOU are claiming the Vic, government cant "afford" to fund  spending  eg to build infrastructure, and teach music in schools, because of 'government debt'. Not forgiven.

Victoria is in a downward spiral due to extreme debt caused by Dan Andrews.

Bobby. wrote on May 12^th, 2024 at 4:17pm:

thegreatdivide wrote on May 12th, 2024 at 3:16pm: YOU are claiming the Vic, government cant "afford" to fund  spending  eg to build infrastructure, and teach music in schools, because of 'government debt'. Not forgiven.     Victoria is in a downward spiral due to extreme debt caused by Dan Andrews.

But more so because of unruly non-compliant 'Covid-Infected' Melbournians, than Dan the Man.

Jasin wrote on May 12^th, 2024 at 6:50pm:

Bobby. wrote on May 12th, 2024 at 4:17pm: thegreatdivide wrote on May 12th, 2024 at 3:16pm: YOU are claiming the Vic, government cant "afford" to fund  spending  eg to build infrastructure, and teach music in schools, because of 'government debt'. Not forgiven.     Victoria is in a downward spiral due to extreme debt caused by Dan Andrews. But more so because of unruly non-compliant 'Covid-Infected' Melbournians, than Dan the Man.

We had a very high vaccine take up.

Melbournians stuffed it.
Dan got blamed for it.

Dan had to tow the line like every other Premier at the time.
The Melbournians didn't and it was costly!

Jasin wrote on May 12^th, 2024 at 7:08pm:

Melbournians stuffed it. Dan got blamed for it. Dan had to tow the line like every other Premier at the time. The Melbournians didn't and it was costly!

Dan left us with 100 years of debt to pay off.

Bobby. wrote on May 12^th, 2024 at 4:17pm:

thegreatdivide wrote on May 12th, 2024 at 3:16pm: YOU are claiming the Vic, government cant "afford" to fund  spending  eg to build infrastructure, and teach music in schools, because of 'government debt'. Not forgiven.     Victoria is in a downward spiral due to extreme debt caused by Dan Andrews.

Courtesy of your insane government debt mythology.....admittedly the mythology currently embraced by the mainstream (see the MMT thread).

Forgiven.. 

thegreatdivide wrote on May 13^th, 2024 at 11:20am:

Bobby. wrote on May 12th, 2024 at 4:17pm: thegreatdivide wrote on May 12th, 2024 at 3:16pm: YOU are claiming the Vic, government cant "afford" to fund  spending  eg to build infrastructure, and teach music in schools, because of 'government debt'. Not forgiven.     Victoria is in a downward spiral due to extreme debt caused by Dan Andrews. Courtesy of your insane government debt mythology.....admittedly the mythology currently embraced by the mainstream (see the MMT thread). Forgiven..

forgiven for believing in funny money

namaste

╰დ╮ॐ╭დ╯

Bobby. wrote on May 13^th, 2024 at 11:23am:

thegreatdivide wrote on May 13th, 2024 at 11:20am: Bobby. wrote on May 12th, 2024 at 4:17pm: thegreatdivide wrote on May 12th, 2024 at 3:16pm: YOU are claiming the Vic, government cant "afford" to fund  spending  eg to build infrastructure, and teach music in schools, because of 'government debt'. Not forgiven.     Victoria is in a downward spiral due to extreme debt caused by Dan Andrews. Courtesy of your insane government debt mythology.....admittedly the mythology currently embraced by the mainstream (see the MMT thread). Forgiven..  forgiven for believing in funny money namaste ╰დ╮ॐ╭დ╯

You still believe what daddy told you about money?

Not forgiven.....even if Christ said : "forgive them for they know not what they do...").