Australian Politics Forum - 2 simple questions?

dingo2

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Re: 2 simple questions?
Reply #45 - Apr 26^th, 2013 at 7:10am

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

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

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

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freediver

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Re: 2 simple questions?
Reply #46 - 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.

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cods

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Re: 2 simple questions?
Reply #47 - Apr 26^th, 2013 at 10:42am

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???????

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Makka

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Re: 2 simple questions?
Reply #48 - Apr 26^th, 2013 at 11:29am

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

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simonhall1900

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Re: 2 simple questions?
Reply #49 - Apr 26^th, 2013 at 11:45am

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!

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freediver

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Re: 2 simple questions?
Reply #50 - Apr 26^th, 2013 at 12:51pm

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

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!

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.

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simonhall1900

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Re: 2 simple questions?
Reply #51 - Apr 26^th, 2013 at 3:42pm

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

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

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!

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.....

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adelcrow

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Re: 2 simple questions?
Reply #52 - Apr 26^th, 2013 at 3:47pm

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

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

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

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!

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.

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simonhall1900 Senior Member Offline Australian Politics Posts: 314	Re: 2 simple questions? Reply #53 - Apr 27^th, 2013 at 7:23am 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.
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