Rudd Gone

[fireyrob]

You have to admire a man who stands by his convictions .
So Rob , how many beers would it take to turn Julia doable ?

a month of abstinence followed 8 Schooners... Its a difficult balance between being on your way to blind and having the required blood pressure to the extremities I reckon

[the kid]

You have to admire a man who stands by his convictions .
So Rob , how many beers would it take to turn Julia doable ?

a month of abstinence followed 8 Schooners... Its a difficult balance between being on your way to blind and having the required blood pressure to the extremities I reckon

So what you are saying is , you would have to be blind or you would never yet it up ??

[Reedy]

You have to admire a man who stands by his convictions .
So Rob , how many beers would it take to turn Julia doable ?

a month of abstinence followed 8 Schooners... Its a difficult balance between being on your way to blind and having the required blood pressure to the extremities I reckon

haha.

least he's gone. Pushed by the unions but things will be better. No more mining tax (dumb) but it's still a labour government.

Liberal will get elected in for the next few terms make some rash and harsh decisions and fix the economy the after that the general population will elect labour again. That's a harsh statement but going from previous trends what can one assume.

Lets hope the unions dont influence Gillard and she does do what she can in the short time she has as PM.

[Six Addict]

haha.

least he's gone. Pushed by the unions but things will be better. No more mining tax (dumb) but it's still a labour government.

Liberal will get elected in for the next few terms make some rash and harsh decisions and fix the economy the after that the general population will elect labour again. That's a harsh statement but going from previous trends what can one assume.

Lets hope the unions dont influence Gillard and she does do what she can in the short time she has as PM.

you mean the economy thats now one of the best performing in the world now we're the other side of the GFC?

i love reading the political debates on here...

[seiko1]

now we're the other side of the GFC?

Don't count your chickens just yet Pinchy
Mathematics is our friend and as sure as Gillard has Richo's missing Balls.....
there be a huge crunch a comin

[craig]

slight change for the better i think.................

[smithy5]

Same Horse different Jockey...........................

[Reedy]

when the liberal govt left us in 20bil surplus

Then it was forcasted 220bil debt by 2012.. sure

Rudd did good thing like scholastic... and...

How can you wage war on the mining sector which pumps i dont know alot of money back in to the economy. Mostly small mum and dads. You all know the rest.

Just to put it in to perspective:

The Norwegian Government implemented their tax scheme in the 1970s in response to the sudden increase in State income from the North Sea oil boom. They recognised that their oil reserves are limited and acknowledged that they were selling off the resources heritage of future generations. On that basis, they accepted a responsibility to take part of the proceeds "into trust" for those generations via the Norwegian Petroleum Fund which now has more than $480 billion in savings earning 25%pa.

The Fund serves another purpose in that it forms a buffer between current petroleum revenues and the use of these revenues in the Norwegian economy and balances inflationary pressures on local currency by being invested off shore in foreign currencies. In this simple way, the Norse economy is shielded from fluctuations in prices and extraction rates in the petroleum sector and neatly avoids "the commodities curse" - inflation and currency imbalances.

In Australia, by contrast, the most recent boom moved a far larger and broader range of resources but realised only $380 billion dollars of Federal revenue, nearly all of which has since been spent on short-term strategies with no enduring value and certainly without creating an appreciating asset.

The National Broadband Network, for instance, could have been paid for 20 times over from a Norwegian formula applied to the Australian circumstance yet we seem happy to "to give away the farm" - the farm we once owned in trust for our kids.

Meanwhile by underpricing access to our resources and failing to responsibly manager what proceeds there have been, even the short term benefit to Australian communities is questionable. In many places the resources boom has been responsible for increased rent; housing and skill shortages; and severely strained (and in many cases, damaged) infrastructure. Billions of dollars of public money have funded road, rail, and port facilities and have thus underwritten the boom and the profits of those companies who are drawing already huge profits to their grants of private access to public assets.

I recall a remark made many years ago by a French tourist who said, when told that Australia was known as "the Lucky Country" that we reminded him of the village idiot who wins the lottery - every day! Our Government seems to base its management of our future on the assumption that we'll win the next one tomorrow - forever.

I must confess, I'm a lot less optimistic than they.

Just in case we don't win tomorrow's lottery, maybe now would be a good time start demanding a fair price for the right to remove our resources, and to start saving and investing our kids' inheritance instead of spending it on groceries.

Otherwise you may find yourself facing an angry grandchild demanding, "What do you mean you burned all the oil?"

Still I hate rudd and im glad but that could be the possibility

But he did do well with rape victims. In general he failed.

I think our country is flying with the current govt but as previously reported. liberal will get back in and make the rich get richer, until surplus happens then may labour will get another shot in 2014

[Six Addict]

The liberal government Didn't govern through a world economic down turn... The howard government had a $20 billion surplus cos they didn't spend money on anything to do with education or health... Face the facts, our economy is one of the very few to survive relatively unscathed after this gfc... If you think krudd put our economy in the shot have a proper look at the us economy or any of the European economies...

Ive got no idea what the rest of your rant is about ... Or even if it's yours?

I can't understand either why people think this mining tax is bad... It's going to mean the government can spend more money on us...

[seiko1]

Media, Media, Media...
as if any of us really give a rats arse if they take more money from the rich
The dumbarsed media can't even pronounce the name of towns right in their lopsided news stories
and yet I'm supposed to believe we are all discusted with the super tax on the Mega Rich!!!
Most of the money they make from our resources goes to overseas coffers so I say tax the bastards 80% of the profits.
Reedy is right! A house in a mining town will cost you more than a $1000 a week, and it's a glorified shack FFS
Personally I'm earning less now than I was ten year's ago, but everything I purchase has gone uo 500%,
so I don't care what they do to the rich
There was no discussion entered into and no negotiation when they wacked up our Tobacco Tax 25%
in one big hit

[RichardF]

The really scary part of all this is that Swan is now the deputy PM! if something we to happen to Jules ........... I would.....probably pack up and move to NZ.

[Reedy]

The liberal government Didn't govern through a world economic down turn... The howard government had a $20 billion surplus cos they didn't spend money on anything to do with education or health... Face the facts, our economy is one of the very few to survive relatively unscathed after this gfc... If you think krudd put our economy in the shot have a proper look at the us economy or any of the European economies...

Ive got no idea what the rest of your rant is about ... Or even if it's yours?

I can't understand either why people think this mining tax is bad... It's going to mean the government can spend more money on us...

How the cart and cheese can you see mining tax is not bad. its peoples superannuation. getting removed. all the cart and cheese miners are getting rapped i.e. industry super, then what have you have been investing in. I've been losing and why.

its not good my friend. espescially when your super , my mums and my grandmas

[Reedy]

sorry about that i'll be your pit bitch

[Daisy]

I got no idea either Pinchy.

[Reedy]

kinda felt bad..who the fuck is pinchy