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Jun 16, 2009
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Labor confirms why they are the worst and most deceitful Government in history. All week they attack the Coalition for wanting to cut the Superannuation Rebate which is funded by the MRRT. It costs $950million to fund yet the tax raising money for that rebate and other expenditure has only raised one-ninth of that figure. **** me! This lot is hopeless.
 
Oct 21, 2012
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You really hate them, don't you? :D

My feelings for Labor are more dislike/distrust than anything. I think I've said before I'm not a fan of conservative parties, but with our two-party system, they're infinitely preferable to Labor, ideological enemies or not.
 
Jun 16, 2009
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Alphabet said:
You really hate them, don't you? :D

My feelings for Labor are more dislike/distrust than anything. I think I've said before I'm not a fan of conservative parties, but with our two-party system, they're infinitely preferable to Labor, ideological enemies or not.

I do and with a passion. They are just so bad. They can not implement one policy without stuffing it up.

btw, if you want to watch lefties being slaughtered by an individual, Watch tonight's episode of Qanda.
 
Jun 16, 2009
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Swan's 'surplus' has blown out to a $22 billion deficit after just the first 6 months of the financial year...oops! This guy is hopeless.
 
Jun 16, 2009
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Mad Elephant Man said:
Australian No Pokies Senator Nick Xenophon has been detained in Malaysia for planning to meet with pro democracy MPs.
He is going to be deported as an enemy of the state

http://www.heraldsun.com.au/news/sa...-democracy-mps-i/story-e6frf7jo-1226579351300

Supposedly one of the state owned newspapers last year changed one of his speeches about Scientology in the Parliament to being about Islam and published it in the newspaper. Seems that might be partly to do with why he is in this predicament. Also, he has campaigned against the Malaysian Government's many anti-democratic stances. A friend from that region told me that you would only go to those countries as a businessman or a tourist. Never for politics.

btw, I am predicting Gillard to be gone within a month. The end is nigh for her.
 
Oct 21, 2012
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Surely not? Changing leader just 7 months out from an election is suicidal stuff, unless that new leader happens to be Kevin Rudd.
 
Jun 16, 2009
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Alphabet said:
Surely not? Changing leader just 7 months out from an election is suicidal stuff, unless that new leader happens to be Kevin Rudd.

When you are in the position Labor is in, they will try anything. Talk about it within the party is intensifying on Gillard's leadership. I don't think Rudd will have the numbers to win any challenge. His supporters have acknowledged that. I suggest that Shorten will move on Gillard soon. Marginal seat holders are going to be getting more anxious by the day.
 
Jun 16, 2009
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Ferminal said:
If tax is bad therefore an economics degree is bad?

No, not all. Many of those who teach economics at unis seem to be in love with Keynes and therefore think that Government looking over the shoulder of every citizen is the best way, interrupting their lives and redistributing their money for them.
 
Feb 1, 2013
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auscyclefan94 said:
No, not all. Many of those who teach economics at unis seem to be in love with Keynes and therefore think that Government looking over the shoulder of every citizen is the best way, interrupting their lives and redistributing their money for them.

Complete propaganda, Keynes says nothing about government looking over your shoulder why do you people keep repeating that canard? can you not read, you might want to go and read him and maybe you will understand. Keynes was actually a capitalist but what he was talking about was smoothing the cycles and the only ones who can do that is the government as capitalism is very unstable (your free market delusions do not work in practice, there has never been or will ever be a free market as it immediately heads towards monopolies so you need the government to intervene to stop that therefore its not a free market). Keynes was a realist and not a deluded nutter like Hayek.
The size of government is purely a political decision and frankly always makes me laugh when you lot go on about size of "government" you include everyone who works for the state..honestly school crossing guards are looking over your shoulder? personally i thank them as they look out for my kid crossing the road. You might wanna be a bit less paranoid.

On the matter of redistribution it is for societies benefit that too much income inequality is not good and in the last 20 years that income inequality has got completely and utterly out of hand, it actually stops any social movement. Go and look at 2 of the worst offenders for income inequality which are the UK & US and then have a look at how bad social movement is in those countries, if you are poor you are almost definately going to die poor however hard you work of course there are exceptions but its rare.
Does the lovely Gina Reinhardt really need GBP 46 billion in personal wealth? (you know the 46 billion she worked hard for...oh wait sorry I mean inherited) noone but the very extreme left think there is ever going to be no inequality but you think that centre left (that is the real centre left not the sad excuse for labour/democratic parties that we have) thinks it can be done but you dont bother going to check as you are too busy listening to dog whistle articles in the MSM.

Neoliberalism is failing before your eyes. The only difference between Neoliberalism and socialism is that under socialism the state controls the means of production, under neoliberalism a handful of very rich do (again go and check figures on capture of income per percentile...it is very illuminating)

Oh and FYI you aussies do have a couple of excellent economists that you might bother to read Steve Keen and the founder of this very site Bill Mitchell.
 
Jun 16, 2009
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AndyMMT said:
Complete propaganda, Keynes says nothing about government looking over your shoulder why do you people keep repeating that canard? can you not read, you might want to go and read him and maybe you will understand. Keynes was actually a capitalist but what he was talking about was smoothing the cycles and the only ones who can do that is the government as capitalism is very unstable (your free market delusions do not work in practice, there has never been or will ever be a free market as it immediately heads towards monopolies so you need the government to intervene to stop that therefore its not a free market). Keynes was a realist and not a deluded nutter like Hayek.
The size of government is purely a political decision and frankly always makes me laugh when you lot go on about size of "government" you include everyone who works for the state..honestly school crossing guards are looking over your shoulder? personally i thank them as they look out for my kid crossing the road. You might wanna be a bit less paranoid.

It is not propaganda, it is fact. Keynes says a lot about government interference in the market. Keynesian economics is based on demand-side economics, meaning that the Government stimulates the economy through the Government spending and giving money out to the people to spend. Keynes believes that market outcomes often do not lead to the best outcomes and the Government has to interfere. Kenyes does believe in markets but with government regulation and control. Often those who follow the Keynes theories believe in too much regulation and control which strangles the private sector. Capitalism is unstable, because it allows people to live freely and make choices for oneself. It allows business and the private sector to grow much stronger, employ more people who have real jobs, not those where industries are subsidised by the Government, another feature of Keynesian economics. Hayek is not a nutter at all. Hayek is someone who believes in supply-side economics where getting rid all of the complex regulation, lifting productivity and cutting public sector funding is the best way to stimulate the economy. Businesses should not be propped up on the back of tax payers, which is why I am against corporate welfare. Just like the size of government, I believe it should be small as possible because those jobs are propped up by taxpayers. Ultimately the more public sector jobs, means more money taken away from taxpayers' disposable income which is what could and would be used to help the private sector, which generates real jobs. Corporate welfare and stimulus spending all distort the market decreasing competition, not lifting it.

On the matter of redistribution it is for societies benefit that too much income inequality is not good and in the last 20 years that income inequality has got completely and utterly out of hand, it actually stops any social movement. Go and look at 2 of the worst offenders for income inequality which are the UK & US and then have a look at how bad social movement is in those countries, if you are poor you are almost definately going to die poor however hard you work of course there are exceptions but its rare.
Does the lovely Gina Reinhardt really need GBP 46 billion in personal wealth? (you know the 46 billion she worked hard for...oh wait sorry I mean inherited) noone but the very extreme left think there is ever going to be no inequality but you think that centre left (that is the real centre left not the sad excuse for labour/democratic parties that we have) thinks it can be done but you dont bother going to check as you are too busy listening to dog whistle articles in the MSM.

Again, neoliberalism or classical liberalism economics which has been employed all over the world over the past 30-40 years has seen great rises in the standard of living for societies because there is less welfare and less protectionism and more open markets, where people are employed by businesses and are able to stand on their own two feet. It seems that you want socialism which creates one main under class with most having the basic items but rewards the lazy. If that means having more inequality in a society, then so be it. I don't believe taking off one person to make another person rich is a great way.

Your attack on Gina Rinehart shows how uninformed you are about this topic. Hancock Prospecting was a dying business that was going broke. Gina Rinehart only inherited a very small fraction of her wealth from her father. In 2006 her net wealth was only $1.8billion. In 2012, it is $29.17 billion. I say good on her and it is clear that she didn't just inherit that money. I think she is a great Australian. Another socialist trait which you seem to uphold is hating the rich, wealthy and successful. It is rather sad, really.
(snip)

Oh and FYI you aussies do have a couple of excellent economists that you might bother to read Steve Keen and the founder of this very site Bill Mitchell.

Keen is another man stuck in Keynesian mush. You should read some other Australian economists such as Judith Sloan or Henry Ergas.
 
Jun 16, 2009
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Just a summary of all the polls that have come out quite recently, including tonight.

JWS Research: Coalition 54.8% ALP 45.2%
Essential: Coalition 55 ALP 45
Newspoll: Coalition 56 ALP 44
Nielsen: Coalition 56 ALP 44
Galaxy: Coalition 54 ALP 46
Roy Morgan: Coalition 56 ALP 44

Gillard will be gone in 3 weeks.
 
Oct 21, 2012
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Hey ACF, what are the preferred leader polls looking like?

From memory, ever since last year (or possibly even earlier) Labor have been massacred in the two-party preferred polls but Gillard usually did okay in the polls that pitted her against Abbott.
 
Jun 16, 2009
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Alphabet said:
Hey ACF, what are the preferred leader polls looking like?

From memory, ever since last year (or possibly even earlier) Labor have been massacred in the two-party preferred polls but Gillard usually did okay in the polls that pitted her against Abbott.

Labor came back in most polls late last year, even in the 2pp stakes, They have gone back big time this year. I usually don't look at the preferred leader polls but they have come back a bit for Abbott.


btw, AndyMMT might also want to read this about your buddy Steve Keen.
http://www.theaustralian.com.au/hig...sor-to-face-icac/story-e6frgcjx-1226557089580
 
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