The Gillard File

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Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 7:24pm
^^^Live for today... Tomorrow will take care of itself.

Easy to live your life on a bottomless bucket of credit... Particularly when your life is only three years, and after that you (personally) have money for life. Perks too - free travel... sweet...
FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 7:27pm
Little Jon said...

FormulaNova said...

kk said...

Gillard and Rudd have put the country into Massive debt trying to avoid a reccesion and the unemployment etc that come with one.

<snip>


The bastards! I insist on my right to have a recession and massive unemployment!


nothing wrong with unemployment, trouble with people having jobs is they get money and there only a finite amount of it around so the more you can stop people getting the money the more money for the rest of us....like education and healthcare.


Yeah that almost works, but every time they throw heaps of money at things like education and healthcare, the unemployment rate seems to go down! What is with that??

FWIW 'money' is not finite. The notes are though, but who uses those for everything?

Little Jon
Little Jon
NSW
2115 posts
NSW, 2115 posts
8 Jul 2011 9:29pm
Pugwash said...

^^^Live for today... Tomorrow will take care of itself.

Easy to live your life on a bottomless bucket of credit... Particularly when your life is only three years, and after that you (personally) have money for life. Perks too - free travel... sweet...


and their taxpayer funded super
FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 7:33pm
Pugwash said...

^^^Live for today... Tomorrow will take care of itself.

Easy to live your life on a bottomless bucket of credit... Particularly when your life is only three years, and after that you (personally) have money for life. Perks too - free travel... sweet...


Yeah, who needs to keep the country together. You are only going to last one term, so feather your own nest. All those scum suckers constituents, are going to vote us out anyway so why keep them in jobs in a stable economy.

On the other hand if we save all that money and have a budget surplus we will look like champions and the rest of the world will worship us for having such a huge surplus, cheap housing and heaps of people wandering around instead of having to go to work. Paradise!

Little Jon
Little Jon
NSW
2115 posts
NSW, 2115 posts
8 Jul 2011 9:37pm
FormulaNova said...

Little Jon said...

FormulaNova said...

kk said...

Gillard and Rudd have put the country into Massive debt trying to avoid a reccesion and the unemployment etc that come with one.

<snip>


The bastards! I insist on my right to have a recession and massive unemployment!


nothing wrong with unemployment, trouble with people having jobs is they get money and there only a finite amount of it around so the more you can stop people getting the money the more money for the rest of us....like education and healthcare.


Yeah that almost works, but every time they throw heaps of money at things like education and healthcare, the unemployment rate seems to go down! What is with that??

FWIW 'money' is not finite. The notes are though, but who uses those for everything?




nothing wrong with putting money into education and health care. There is a finite amount of money through as you have to have it before you lend it unless you are the reserve bank. When they do this, it is effectively printing money. The technical term for increasing the money supply is inflation. It gives a short term boost but leads to price increases or consumer price inflation.
kk
kk
WA
953 posts
kk kk
WA, 953 posts
8 Jul 2011 8:14pm
Sorry Little Jon and Formula Nova, but the truth is that the vast majority of employers dont trust a Labour gov, and as much as they try to hide it, it kinda becomes apparent to their employees, first when overtime drops off, then when full time jobs become part time, and finally (hasn't happened yet) jobs are lost all together. Also many employees know the boss quite well and see that they are not confortable.
So... What happens next?? The employee starts to think that things are not all good, might loose my job, can't pay the house off on the dole, OH SH!T better start saving money.

And for what it's worth, the average employer thinks the same so starts to not employ people. And then the bottom line gets smaller (the only reason he employs anyone) so he starts to sack people just so he can pay his bills.

So you need a goverment that gives employers (you may call them greedy bosses) confidence to do business and employ peole so that they can pay taxes and pay off this goverments current debt.. Last time I did a quick calculation it was around $40,000 per tax payer. At least it's not as bad as Greece where it is $250k per tax payer, but we have gone from a credit of ?? (can't remember the surplus the lib gov left) to a debt of?? in what? 4 years... can anyone here speak greek (took them 20 years)
FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 8:23pm
kk said...

Sorry Little Jon and Formula Nova, but the truth is that the vast majority of employers dont trust a Labour gov, and as much as they try to hide it, it kinda becomes apparent to their employees, first when overtime drops off, then when full time jobs become part time, and finally (hasn't happened yet) jobs are lost all together. Also many employees know the boss quite well and see that they are not confortable.
So... What happens next?? The employee starts to think that things are not all good, might loose my job, can't pay the house off on the dole, OH SH!T better start saving money.

And for what it's worth, the average employer thinks the same so starts to not employ people. And then the bottom line gets smaller (the only reason he employs anyone) so he starts to sack people just so he can pay his bills.

So you need a goverment that gives employers (you may call them greedy bosses) confidence to do business and employ peole so that they can pay taxes and pay off this goverments current debt.. Last time I did a quick calculation it was around $40,000 per tax payer. At least it's not as bad as Greece where it is $250k per tax payer, but we have gone from a credit of ?? (can't remember the surplus the lib gov left) to a debt of?? in what? 4 years... can anyone here speak greek (took them 20 years)


Sorry KK I think you might have it barse ackwards. Is it lack of trust in a government that causes employers to stop employing people and slow down the economy, or is it lack of demand?

If I was a government and say, gave a lot of money to the construction industry for quick start projects, how many employers would say 'sorry I am a died-in-the-wool Labor/Liberal/Green/One Nation voter, and I refuse to take the work on principle', or would the bosses count the profit, employ the people, and save up for a holiday.


FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 8:34pm
Little Jon said...

FormulaNova said...
<people said stuff here>

Yeah that almost works, but every time they throw heaps of money at things like education and healthcare, the unemployment rate seems to go down! What is with that??

FWIW 'money' is not finite. The notes are though, but who uses those for everything?




nothing wrong with putting money into education and health care. There is a finite amount of money through as you have to have it before you lend it unless you are the reserve bank. When they do this, it is effectively printing money. The technical term for increasing the money supply is inflation. It gives a short term boost but leads to price increases or consumer price inflation.


Just for the sake of passing the time, is there anything wrong with a little inflation at the moment?

It would drive real house prices down as wages go up to compensate for rises in the CPI.

Also, you don't have to have money before you lend it. You just need to be able to pay a bit back to people a bit at a time and spread your borrowings so that enough people don't want it back at the same time.

It's only a real problem when everyone wants their money back at the same time.




kk
kk
WA
953 posts
kk kk
WA, 953 posts
8 Jul 2011 8:40pm
Formula Nova....

Do you have ANY IDEA where the goverment gets it's money from to give to "who ever"? After they have paid all of those that never have or never will again work.
FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 8:43pm
kk said...

Formula Nova....

Do you have ANY IDEA where the goverment gets it's money from to give to "who ever"? After they have paid all of those that never have or never will again work.


No. Please enlighten me. I'm not sure what you are asking.

Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 8:50pm
All is well... Labs are great

The story on 7:30 WA tonight about retailers hitting the wall, 2 ads in my local newspaper (The Voice: www.perthvoice.com) about store closures, nothing to do with the uncertainty created by the Labs.

FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 8:58pm
Pugwash said...

All is well... Labs are great

The story on 7:30 WA tonight about retailers hitting the wall, 2 ads in my local newspaper (The Voice: www.perthvoice.com) about store closures, nothing to do with the uncertainty created by the Labs.



What sort of logic is this? Retailers failing, therefore must be the fault of an unloved political party?

They didn't fail because of:

Lack of consumer demand
People buying more from overseas
Bad business sense
Bad products
People stopped buying because of easy credit hangover from housing boom


They must be good business people if they can cope with all the 5 factors I have named, only to have been sunk by the 'uncertainty' created by a government that has spent a shedload of money on keeping the economy afloat.

P.S. can you do me a favor and find the ads on store closures? All I saw were two that looked like typical "we are closing down, bargains to be had" ads, usually used by lighting stores to miraculously open the next week looking the same. Oh my god, the apocalypse is here.

kk
kk
WA
953 posts
kk kk
WA, 953 posts
8 Jul 2011 9:20pm
You're either pulling the piss or refuse to see the truth of what is going on Forumla Nova.

But on the other hand It's all gotten to hard so I've stopped employing and am quite happy to live off investments and go fishing, kiting and on holidays.

By the way, can you truthfully say what you do for a job??
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 9:22pm
It is Rudd and Gillard that have revealed how deficient Labor actually are. Deficient and incompetent.

There is real concern in the economy at this tax, and that tax, and this flip, and that flop.

There is no leadership, simply media driven spineless nothing.

We are in a trackies and moccies economy. Appeal to the lowest common denominator to strive for mediocrity.
FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 9:28pm
kk said...

You're either pulling the piss or refuse to see the truth of what is going on Forumla Nova.

But on the other hand It's all gotten to hard so I've stopped employing and am quite happy to live off investments and go fishing, kiting and on holidays.

By the way, can you truthfully say what you do for a job??


Yes. Yes, I can.

Sorry, I have still missed your point. Are you asking me how money works in the economy and how you can generate more money from a certain amount of cash, or are you asking me how the government collects tax to pay for things, or are you asking how government bonds are used to generate funds or affect the domestic interest rate?

Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 9:33pm
You blokes are so much fun

Lucky Red Rang is pimpin' edumercaishon.
AquaPlow
AquaPlow
QLD
1066 posts
QLD, 1066 posts
8 Jul 2011 11:48pm
I am conservative - (its ageist thing - but also socialist).
My vote is dominantly preferred party lower house - neutral or opposite party in upper house (Good choice living in QLD).

But there is no way I can vote for a party headed by a "Lay-bye-priest" who is a biggot, needs 24x7 minders to keep his foot out of his mouth and has modeled himself on the poorest of Howard's campaign themes. -- It would be easy to go on....

Imagine if he had succeeded in gaining the independent votes at the last election - do you honestly think he would still be in power - consensus and lay-bye - (equivalent to oil and water)!!!!

With a close to balanced parliament - it would be an ideal opportunity to run some policies through the house by gaining the extra votes - show some capacity to deal with the nation as a would be leader. His current capacity is all limited to sounding like a really strident ultra left wing union leader without the power base.

I have enjoyed the extra and mostly balanced commentary provided by the independents not hamstrung by party line crap.

Until lay-bye goes I will not vote conservative.
Gillard,... well not first choice either, but Kevin self-destructed (narcissistic extremous).
Gillard has the job, and if only the knee jerk response to the yip yip yip brigade was given a 48 hour fuse, life would be much calmer.

BTW if you owned 80% of a company involved in minerals lets say in Brunei and you heard that they wanted to increase the tax directly impacting on your returns what would you do??? (Yip Yip Yip Yip with a Humungus war chest - sounds familiar???)

Scare-mongering over substance - it is naff.

AP
FormulaNova
FormulaNova
WA
15100 posts
WA, 15100 posts
8 Jul 2011 9:57pm
Pugwash said...

You blokes are so much fun

Lucky Red Rang is pimpin' edumercaishon.


In all seriousness I hope no one is that bothered by these comments. To me it is just 'shooting the breeze', and not that important one way or the other.

Edumercaishon? Ur jst shwn off nw.
kiteboy dave
kiteboy dave
QLD
6525 posts
QLD, 6525 posts
9 Jul 2011 12:13am
Fixed that for ya kk...

Gillard and Rudd have put the country into Massive debt trying to avoid successfully avoiding a reccesion and the unemployment etc that come with one.

My suggestion is that if you can't spell it you aren't qualified to have an opinion about it. If it wasn't for environmental disasters the debt would have been paid by next financial year. So how is it a problem?

P.S. They did one for both of em
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 10:28pm
backdoor dave said...

My suggestion is that if you can't spell it you aren't qualified to have an opinion about it.


That is just childish... Typo's and spelling do not lessen an opinion. Eloquence has nothing to do with the message, simply the delivery.

One must learn to read, and understand what others are trying to say
log man
log man
VIC
8289 posts
VIC, 8289 posts
9 Jul 2011 12:30am
kk said...

Sorry Little Jon and Formula Nova, but the truth is that the vast majority of employers dont trust a Labour gov, and as much as they try to hide it, it kinda becomes apparent to their employees, first when overtime drops off, then when full time jobs become part time, and finally (hasn't happened yet) jobs are lost all together. Also many employees know the boss quite well and see that they are not confortable.
So... What happens next?? The employee starts to think that things are not all good, might loose my job, can't pay the house off on the dole, OH SH!T better start saving money.

And for what it's worth, the average employer thinks the same so starts to not employ people. And then the bottom line gets smaller (the only reason he employs anyone) so he starts to sack people just so he can pay his bills.

So you need a goverment that gives employers (you may call them greedy bosses) confidence to do business and employ peole so that they can pay taxes and pay off this goverments current debt.. Last time I did a quick calculation it was around $40,000 per tax payer. At least it's not as bad as Greece where it is $250k per tax payer, but we have gone from a credit of ?? (can't remember the surplus the lib gov left) to a debt of?? in what? 4 years... can anyone here speak greek (took them 20 years)
[/quote
log man
log man
VIC
8289 posts
VIC, 8289 posts
9 Jul 2011 12:33am
FormulaNova said...

kk said...

Sorry Little Jon and Formula Nova, but the truth is that the vast majority of employers dont trust a Labour gov, and as much as they try to hide it, it kinda becomes apparent to their employees, first when overtime drops off, then when full time jobs become part time, and finally (hasn't happened yet) jobs are lost all together. Also many employees know the boss quite well and see that they are not confortable.
So... What happens next?? The employee starts to think that things are not all good, might loose my job, can't pay the house off on the dole, OH SH!T better start saving money.

And for what it's worth, the average employer thinks the same so starts to not employ people. And then the bottom line gets smaller (the only reason he employs anyone) so he starts to sack people just so he can pay his bills.

So you need a goverment that gives employers (you may call them greedy bosses) confidence to do business and employ peole so that they can pay taxes and pay off this goverments current debt.. Last time I did a quick calculation it was around $40,000 per tax payer. At least it's not as bad as Greece where it is $250k per tax payer, but we have gone from a credit of ?? (can't remember the surplus the lib gov left) to a debt of?? in what? 4 years... can anyone here speak greek (took them 20 years)


Sorry KK I think you might have it barse ackwards. Is it lack of trust in a government that causes employers to stop employing people and slow down the economy, or is it lack of demand?

If I was a government and say, gave a lot of money to the construction industry for quick start projects, how many employers would say 'sorry I am a died-in-the-wool Labor/Liberal/Green/One Nation voter, and I refuse to take the work on principle', or would the bosses count the profit, employ the people, and save up for a holiday.





That's awesome!
log man
log man
VIC
8289 posts
VIC, 8289 posts
9 Jul 2011 12:39am
Pugwash said...

All is well... Labs are great

The story on 7:30 WA tonight about retailers hitting the wall, 2 ads in my local newspaper (The Voice: www.perthvoice.com) about store closures, nothing to do with the uncertainty created by the Labs.




Pugssy,calling labor "the Labs" tags you as a disinterested political person . similar to going to a cricket match and saying "who's winning" or going to an Australian rules game and saying "has anyone scored a touch down?"get with it!
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 10:43pm
loggy is awesome...

Vic, it's fully sic. How's Ted bro
log man
log man
VIC
8289 posts
VIC, 8289 posts
9 Jul 2011 12:44am
Cassa said...

One of these would do a better job[}:)][}:)]




Cassa,your such a drama queen!
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 10:49pm
log man said...

Cassa said...

One of these would do a better job[}:)][}:)]




Cassa,your such a drama queen!


Make him a dress on your sewing machine... a pink one, with flowers...
log man
log man
VIC
8289 posts
VIC, 8289 posts
9 Jul 2011 12:49am
Pugwash said...

loggy is awesome...

Vic, it's fully sic. How's Ted bro


Teds a dickhead, but the leader of the National party Peter Ryan is a Gun. I hate his politics but the guy is a straight shooter and takes everything on the chin. they should sack Big Ted and make Ryan the Premier (he is already)
log man
log man
VIC
8289 posts
VIC, 8289 posts
9 Jul 2011 12:51am
****ing good win by the Eagles!
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
8 Jul 2011 10:58pm
Yer... Colin is not much fun either... except for when he makes Wayne tear up, and red rang flustered...

Looks like WA's birdies have got it all over Vicci's meowies*

*Poor attempt at reference to another cat call in da house.
kk
kk
WA
953 posts
kk kk
WA, 953 posts
8 Jul 2011 11:38pm
So come on formulanova... whats your job??? You've dodged the question so far... Can't you work out what lie to tell next..

What a joke!!
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