Australian Politics Forum - $19B deficit?....add another $8B to it pls

Kat Gold Member Offline Socialism IS the answer. Posts: 17709 Everywhere and no-where Gender:	Re: $19B deficit?....add another $8B to it pls Reply #60 - Jul 27^th, 2013 at 9:31pm Says Sprint, proving my point...
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buzzanddidj

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Eganstown, via Daylesford, VIC
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Re: $19B deficit?....add another $8B to it pls
Reply #61 - Jul 27^th, 2013 at 9:37pm

Sprintcyclist wrote on Jul 27^th, 2013 at 9:20pm:

buzz Quote:

DESPITE the anti-Government
BULLSH!T
spun by the right-wing media - and right-wing of politics - the

Home Insulation Program

WAS a documented success

1/ It was responsible for completing the laying of domestic insulation over large tracts of the nation that previously WEREN'T
Not just reducing heating and cooling costs to low-income families and upwards - but having a DOCUMENTED, positive impact on carbon emissions

2/ It was responsible for introducing the FIRST EVER set of safety standards and licencing to an industry that was previously un-regulated
The outcome was - with a FOURTEEN fold increase in installations - a DOUBLING of related house-fires
, work-place incidents - and one can only project ( ... as comparable figures were not published) a severe DROP in related work-place fatalities

The project was dropped due to MEDIA NEGATIVITY

100 house fires and 4 deaths on a project of this dimension is, statistically, a "good figure"
But NO politician is going to say that to someone who has lost their home - or to a parent, that has lost a child

NO-ONE would

DESPITE the anti-Government
BULLSH!T
spun by the right-wing media - and right-wing of politics - the BER was independently audited as giving "value for money" in 98% of cases ( ... the bulk of the remaining 2%, was attributed to mismanagement by the crumbling NSW Government)

If you think an overall cost of $600K for a building comes in the shape of a cheque to the contractor - you have much to learn on the "nuts & bolts" of government projects
The BULK of it goes on cross billing between other government departments - eager to get a slice of the BER budget ( ... an example being the Attorney-Generals Dept. - covering all legal and liabilities of these projects) REGARDLESS, these cross billing dollars are returned to the public purse

DESPITE the BER being STILL a "work in progress" - the negative campaigns ( ... The Australian newspaper's being the BIGGEST and most SELECTIVE in example) - have faded into oblivion, with a sense of "MISSION ACCOMPLISHED"

BOTH projects are widely acknowledged - by any source with

global economics CREDIBILITY

- to have succeeded ENORMOUSLY in fulfilling their primary function
In keeping unemployment at HALF the rate of comparable economies

And ensuring Australia as the ONLY member of the OECD group of trading nations that did NOT go into recession over the GFC
A state of being, that MOST are still crippled with - to this day

whose socialist manifesto did you read that from ?

buzzanddidj wrote on May 20^th, 2013 at 3:53pm:

The BIG ticks of APPROVAL come from ...

Standard & Poor's
Moody's
Fitch's
The Organisation for Economic Co-operation and Development (OECD)
EuroMoney (Finance Minister of the Year Honours)
The International Monetary Fund (IMF)
The Reserve Bank of Australia (RBA)
The Australian Bureau of Statistics ( ... by stealth)
The Butcher
The Baker
The Candlestick Maker

... and NOW - a few days back - the former member for Bennelong

The ONLY talking down of the economy and the Federal Treasurer is coming from the Opposition, NEWS Ltd - and Sydney shock-jocks

I know who I trust

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« Last Edit: Jul 27^th, 2013 at 9:59pm by buzzanddidj »

'I like your Christ, I do not like your Christians.
Your Christians are so unlike your Christ.'

- Mohandas Karamchand Gandhi

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Dnarever

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Re: $19B deficit?....add another $8B to it pls
Reply #62 - Jul 27^th, 2013 at 9:40pm

longweekend58 wrote on Jul 27^th, 2013 at 6:29pm:

it's easy DNA... when you and your other fools show me the evidence that Howard let $40B in debt in 1983, I will show you how Keating left $250B in debt that John Howard paid off.

fair deal?

I never said that Howard left $40B in 1983.

The number claimed has varied between about $9 B and up to around $14B in 83 $ obviously in terms of the value today it would be comparatively a lot bigger.

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Sprintcyclist

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Re: $19B deficit?....add another $8B to it pls
Reply #63 - Jul 27^th, 2013 at 9:43pm

Sprintcyclist wrote on Jul 27^th, 2013 at 9:20pm:

buzz Quote:

.........BOTH projects are widely acknowledged - by any source with
global economics CREDIBILITY
- to have succeeded ENORMOUSLY in fulfilling their primary function
In keeping unemployment at HALF the rate of comparable economies

And ensuring Australia as the ONLY member of the OECD group of trading nations that did NOT go into recession over the GFC
A state of being, that MOST are still crippled with - to this day ...

whose socialist manifesto did you read that from ?

it'ld have been cheaper for us to give them the dole than invent false jobs.
buildings do not teach kids, teachers do.
what happenned to the laptops the stupid govt gave all the kids ?

Aussie missed the false GFC scenario as we had a surplus not a massive debt.
thanks to the right wingers who were in charge.
also thanks to our mining, that the left has now crippled.

and I did not use big fonts or garish colours.

europe economy is failed. I see little basis behind their reports
OECD and IMF are worse than useless.

china drove up iron ore/copper prices. We did well.
We had a surplus, that is a good thing.

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Modern Classic Right Wing

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longweekend58

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Re: $19B deficit?....add another $8B to it pls
Reply #64 - Jul 28^th, 2013 at 2:53pm

scope wrote on Jul 27^th, 2013 at 7:10pm:

longweekend58 wrote on Jul 27^th, 2013 at 6:54pm:

scope wrote on Jul 27^th, 2013 at 6:45pm:

not even close to proof. that's a kouk BLOG site. you know.. the former Gillard staffer???

treasury accounts however, have this figure at $9B. When I look at my mortgage statements from years gone by, I don't readjust them according to GDP, inflation or the position of the stars. the dollars are what I borrowed and the dollars are what I repay. Kouk is a moron and you are a bigger one for believing him.

Plus interest !!
But you continually ignore this when quoting the 9B left from Howard.
We've been through this before and you twisted and turned every which way to try and deny that interest was still accruing on the 9B you even contradicted yourself twice in the same thread.
When you saw you where losing this argument you did the usual , called me an idiot and didn't return to the thread and even now you still continue to tell the same lie.
Keep burying your head in the sand LW.

'plus interest' is an argument that applies to both labor and liberal debt. You cant have one and ignore the other. if Howard had not paid off the debt and it was still $96B in 2007 do you think you would still be trying on this well-worn and discredited argument? Do you think the interest on Howards $9B over 24 years would somehow exceed that of Keatings $87B over 11 years???

if you want to add interest to the argument then fine. also add inflation adjustment if you want. but do it from 1983 thru to 2005 when the debt was finally paid off and see which side of politics has the lions share of debt.

We have been over this already or have you forgotten?
I have never claimed that there was no interest on Labors debt, that is just you trying to twist this so you don't have to admit that there was interest accrued on Howards $9b.

It's not about who had the most debt it's about YOU continually lying and claiming only $9B of the $96B of Debt was Howards debt and refusing to coincide that by the time all debt was re payed Howards $9B was in fact much more.

[/quote]

that argument only makes sense if you make the assumption thatr the very last debt to be paid off was Howards $9B and keatings $87B was paid first. By any half-reasonable argument, the interest on Howards debt made it around $18B by 1996.

it is astonishing watching you labor bozos criticise $9B of debt accrued during the worst post-ware recession in our history while literally applauding $290B in debt now.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58

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Re: $19B deficit?....add another $8B to it pls
Reply #65 - Jul 28^th, 2013 at 2:57pm

buzzanddidj wrote on Jul 27^th, 2013 at 8:55pm:

chicken_lipsforme wrote on Jul 27^th, 2013 at 5:48pm:

The home insulation program was so very successful the government canned it after over 100 house fires and four deaths.
That's how much of a success it was.

The BER was a success also.
Every school needs an undersized unusable canteen whilst their science labs and other buildings are falling down around there ears.
All those builders that retired after selling the government a $600k hall also can see the value in the program.

DESPITE the anti-Government
BULLSH!T
spun by the right-wing media - and right-wing of politics - the

Home Insulation Program

WAS a documented success

1/ It was responsible for completing the laying of domestic insulation over large tracts of the nation that previously WEREN'T
Not just reducing heating and cooling costs to low-income families and upwards - but having a DOCUMENTED, positive impact on carbon emissions

2/ It was responsible for introducing the FIRST EVER set of safety standards and licencing to an industry that was previously un-regulated
The outcome was - with a FOURTEEN fold increase in installations - a DOUBLING of related house-fires
, work-place incidents - and one can only project ( ... as comparable figures were not published) a severe DROP in related work-place fatalities

The project was dropped due to MEDIA NEGATIVITY

100 house fires and 4 deaths on a project of this dimension is, statistically, a "good figure"
But NO politician is going to say that to someone who has lost their home - or to a parent, that has lost a child

NO-ONE would

DESPITE the anti-Government
BULLSH!T
spun by the right-wing media - and right-wing of politics - the BER was independently audited as giving "value for money" in 98% of cases ( ... the bulk of the remaining 2%, was attributed to mismanagement by the crumbling NSW Government)

If you think an overall cost of $600K for a building comes in the shape of a cheque to the contractor - you have much to learn on the "nuts & bolts" of government projects
The BULK of it goes on cross billing between other government departments - eager to get a slice of the BER budget ( ... an example being the Attorney-Generals Dept. - covering all legal and liabilities of these projects) REGARDLESS, these cross billing dollars are returned to the public purse

DESPITE the BER being STILL a "work in progress" - the negative campaigns ( ... The Australian newspaper's being the BIGGEST and most SELECTIVE in example) - have faded into oblivion, with a sense of "MISSION ACCOMPLISHED"

BOTH projects are widely acknowledged - by any source with

global economics CREDIBILITY

- to have succeeded ENORMOUSLY in fulfilling their primary function
In keeping unemployment at HALF the rate of comparable economies

And ensuring Australia as the ONLY member of the OECD group of trading nations that did NOT go into recession over the GFC
A state of being, that MOST are still crippled with - to this day

while totally ignoring that Australia went into the GFC as the only country not in debt, the only country with a budget in surplus, the highest growth and one of the most secure banking systems on the planet - none of which Rudd put in place.

A Toyota Corolla could win the F1 Grand prix if given a ten lap head start. it doesn't make it a champion car.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58

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Re: $19B deficit?....add another $8B to it pls
Reply #66 - Jul 28^th, 2013 at 3:00pm

Dnarever wrote on Jul 27^th, 2013 at 9:40pm:

longweekend58 wrote on Jul 27^th, 2013 at 6:29pm:

it's easy DNA... when you and your other fools show me the evidence that Howard let $40B in debt in 1983, I will show you how Keating left $250B in debt that John Howard paid off.

fair deal?

I never said that Howard left $40B in 1983.

The number claimed has varied between about $9 B and up to around $14B in 83 $ obviously in terms of the value today it would be comparatively a lot bigger.

why is that relevant? the money was borrowing in 1983, not today. But even if you want to adjust it in real terms, Keatings $96B dwarfs is and Rudds near $300B dwarfs that again.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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perceptions_now

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Perth WA
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Re: $19B deficit?....add another $8B to it pls
Reply #67 - Jul 28^th, 2013 at 3:28pm

perceptions_now wrote on Jul 27^th, 2013 at 7:13pm:

longweekend58 wrote on Jul 27^th, 2013 at 6:58pm:

perceptions_now wrote on Jul 27^th, 2013 at 6:47pm:

longweekend58 wrote on Jul 27^th, 2013 at 3:55pm:

perceptions_now wrote on Jul 27^th, 2013 at 3:28pm:

longweekend58 wrote on Jul 27^th, 2013 at 2:48pm:

cods wrote on Jul 27^th, 2013 at 7:59am:

hey perc?.... has your life worked out exactly as you planned it 40/50 years ago?????..

I am not sure how anyone plans for "earthquakes".that may or may not happen in their lives.. but you must have done.

you will also not that Prozac_now never comes up with any solutions - just criticism. He hates debt and hates spending cuts. he seems to want it both ways while blaming everyone for everything.

clearly his medication is not working,

You assume too much, as usual! A solution, for everything, there is NOT!

As usual, you statements do not reflect the truth! I have no problem with Debt, Spending Cuts or Economic Stimulation measures, in the appropriate circumstances, of which there have been many, over the years, BUT NONE OF THEM WILL WORK NOW, FOR THE SHORT TO MEDIUM TERM, as the entire system has been destabilised over the last 40-50 years!

so in short, you are saying that you have no answers or solutions. WHICH WAS EXACTLY WHAT I SAID, oh depressed one.

As usual, your statement is incorrect!

You said that, I never comes up with any solutions.

What I said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all!

Btw, which of the following options, per my following post, do you think primarily fit you OR is it simply all of them?

They ("those in the know OR thought they did") thought -
1) Like Longy, it had not happened before, so it never would!
2) "Something", like the cavalry riding to the rescue, would come along to save this from becoming a reality?
3) Then there were those who deliberately turned the other way, preferring short term rewards for themselves and a select few, at great cost to the long term future of the bulk of the Local & Global Public!
http://www.ozpolitic.com/forum/YaBB.pl?num=1374843119/16#16

you certainly are a weirdo, Prozac_now. I say you have never provided solutions and your protesting reply includes... NOT ONE SOLUTION. has it ever occurred to you that you could skewer my comments by simply providing those self-same solutions?

you talk and talk ad nauseum, criticising anyone and everyone for their economic policies and promises and yet not once, do you ever offer an alternative. That's lame enough on its own but when you say that you HAVE but never post them... you look like a weirdo.

Did you ever learn how to read Longy, I said -
"What I said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all!"

Did you ever learn how to read Longy, I said -
"What I said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all!"

You really do have some serious lack of capacities, in a number of areas!

How's your education going Longy?
Have you learned about the 3R's yet?
You know - Reading, Riting & Rithmetic?
Well, at least, you got a chance with the Riting, after all you are on the Rite side of politics?

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longweekend58

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Re: $19B deficit?....add another $8B to it pls
Reply #68 - Jul 28^th, 2013 at 3:40pm

perceptions_now wrote on Jul 28^th, 2013 at 3:28pm: