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  1. Belbo

    Interest rates under an Abbott government?

    I am very sorry to hear about your family MIW. That Marx quote was meant ironically, as in I think he was completely wrong in what he said. I'm a capitalist landlord feeding off rents myself, you see. I've changed my sig now to avoid any further confusion. But you can still disagree with me...
  2. Belbo

    Interest rates under an Abbott government?

    Peter / Ideo, Thanks for the kindly replies. I'd be pleased to respond on the enigma of Jeff Kennett. Yes, when JK was coming to power in the late 80s the centre-left called him a "right wing nutter". But his type of right wing was neo-liberal, not neo-conservative. That's the key here...
  3. Belbo

    Interest rates under an Abbott government?

    I'd just like to add author Stephen King's opinion from today's paper of what his fellow super rich think about paying any more tax - Read more: http://www.smh.com.au/world/tax-me-for-s-sake-pleads-stephen-king-20120502-1xy3m.html#ixzz1tfpi3DXq
  4. Belbo

    Interest rates under an Abbott government?

    Hi Peter, Fair questions all. The Vic and NSW Liberal state premiers may just need some more time. Abbott may actually surprise us when he comes to power by instituting a constructive economic reform programme. Perhaps Abbott isn't cynically just harvesting desperately committed...
  5. Belbo

    Interest rates under an Abbott government?

    Indeed. Evans is looking mighty sage these days too, of course. It'd be much appreciated if you'd report back what he's thinking. Good score there on the invite too.
  6. Belbo

    Interest rates under an Abbott government?

    Of course there's no magic pudding today, because there's not going to be the $100 million surplus Baillieu promised he would deliver in every one of his budgets when he was in raving ideologue mode back during the election. Indeed, according to that article you referenced, there's probably not...
  7. Belbo

    Interest rates under an Abbott government?

    Aaron, Let me just say this first: I'm not defending either the Gillard government or the unions. Secondly, I don't think it's right or okay for any union (or employer) to ignore or play the FWA umpire. But thirdly, a question: What's really going on here with all this sudden explosion of...
  8. Belbo

    Interest rates under an Abbott government?

    Simply incredible. No sooner had I typed the following . . . . . . than Abbott declares that his incoming government intends to pick the mother of all fights with the unions . . . per Tony Abbott's home page, no less This is exactly the sort of populist ideological nonsense that...
  9. Belbo

    Interest rates under an Abbott government?

    Hang on a sec! Let's just back that dump truck of yours up a bit. When your sainted Coalition leaders (like Ballieu & O'Farrell now) are running budget deficits and are widely acknowledged by their electorates to be achieving absolutely sweet bugger all, you assert it's just 'cleaning up the...
  10. Belbo

    Interest rates under an Abbott government?

    An excellent article today from Peter Hartcher in the SMH explaining why Abbott is not ready to rule. As Jeff Kennett - the darling of you Melbourne liberals - argues: Read more: http://www.smh.com.au/opinion/politics/small-target-big-letdown-20120427-1xqco.html#ixzz1tIXPGaN2 Ballieu...
  11. Belbo

    Interest rates under an Abbott government?

    Interesting. You're in Melbourne, right? No mention of the fact the Ballieu's budget's balance is down the dunny? Funny that. Keep up the great one-eyed spittle-licking effort (and that plane ticket handy for when you decide it's time to bail OS).
  12. Belbo

    Interest rates under an Abbott government?

    No, it was urgent and very effective stimulus delivered at precisely the right moment. But in truth it wasn't Rudd's idea. We have then head of Treasury, Ken Henry, to thank for that. His words of advice to Rudd are legendary: "Go hard. Go early. Go households!" (By the way, there was...
  13. Belbo

    Interest rates under an Abbott government?

    Do you really want to know what the Rudd-Gillard Labor governments' real crime has been? It's been that it simply hasn't had the political courage to upset the massive Howard-Costello swill trough of middle-class welfare handouts. As was noted midway through Rudd's term - read more This...
  14. Belbo

    Interest rates under an Abbott government?

    You just don’t get it, do you? The great majority of professional politicians that you are so ardently supporting don’t actually believe any of this rightwing ideological clap-trap you’re spouting. They know it’s all a crock. They’re just running with it because it works on the punters like...
  15. Belbo

    Interest rates under an Abbott government?

    So THAT'S why the US is whistling Dixie and Europe's doing the flashdance, eh? Really! What was it you were saying about the lie of selective interpretation? Shameless.
  16. Belbo

    Interest rates under an Abbott government?

    As usual, you've omitted any mention of the recessions, Dazz. Penny, the underlying cash balance (Dazz's surplus or deficit) tells you which team got the benefit of the previous team's repair work. Basically, the electorate has installed Labor to manage during recessions in the last 30...
  17. Belbo

    Interest rates under an Abbott government?

    Agreed. Globalisation has severely curtailed the power of sovereign governments. Indeed today, most governments are held virtually hostage by international capital markets: Just look at the power they have over European countries, including France & Germany! This makes wise governing a...
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