Cwlth Budget Summary

[OnSong]

Massive lol at Blot pretending to care about foreign aid. As if that racist **** hole gives a ****?!

As we can see here there a number of people who get sucked in by his rubbish, global cooling, racist attacks on Aboriginal academics, initially trying to say right-wing Christian terrorist Anders Breivik must've been a muslim terrorist etc

Just wait on a second here, I don't condone any of the above viewpoints mentioned, but what that has to do with budget analysis is irrelevant.

You might like the same kind of yoghurt as Hitler, but because of the horrible atrocities he was responsible for, his taste in yoghurt is also tarnished?

I don't usually like Bolt's stuff, barely read it, but this one article, I can relate to. So friggin shoot me.

[westcoastpanther]

Just received notice that all Financial Assistance Grants paid to Local Governments will include an advance payment from next years amount to be received this year. Makes it two advances early now as they did this a few years ago as well. Transferred spending from 12/13 forward to 11/12 to assist in delivering the politically motivated surplus.

Talk about cooking the books. What a joke this mob are. Do they think we are simple?

[GWW]

Hitler's taste in yoghurt being discussed on Politics Board

[OnSong]

Found Andrew Bolt's summary in today's Tiser pretty much summed up my thoughts.

Not sure if that diminishes any credibility I may have had previously or not.

Ack.

You'll get howled down in this forum for agreeing with Andrew Bolt! If you want credibility you'll have to quote from GetUp or Fairfax and agree with their views.

Ah well. Seems like I'm f#@%ed then.

Massive lol at Blot pretending to care about foreign aid. As if that racist **** hole gives a ****?!

That promise to increase foreign aid? Forget it for now -- $450 million saved next year instead. Foreigners don't vote.

I don't disagree with the summation of Bolt but whether he is racist of not, the statement is fact.

[Gozu]

You might like the same kind of yoghurt as Hitler, but because of the horrible atrocities he was responsible for, his taste in yoghurt is also tarnished?

I don't usually like Bolt's stuff, barely read it, but this one article, I can relate to. So friggin shoot me.

No, what I'm saying is Andrew Bolt is one of the last people anyone should be turning to for commentary on the budget.

The only potential good thing in this development is that hopefully his regular full page column won't appear in tomorrow's Advertiser now. Thursday's paper is the only one I get and it shits me that recently they moved his Wednesday rant into the Thursday paper.

[OnSong]

Hitler's taste in yoghurt being discussed on Politics Board

Did he eat yoghurt? Probably a bad analogy.

[GWW]

I think he preferred chocolate mousse.

[Q.]

Massive lol at Blot pretending to care about foreign aid. As if that racist **** hole gives a ****?!

That promise to increase foreign aid? Forget it for now -- $450 million saved next year instead. Foreigners don't vote.

I don't disagree with the summation of Bolt but whether he is racist of not, the statement is fact.

I'm against the non-increase of foreign aid. I just expressed my lulz at such a sentence being found within a Blot article.

[OnSong]

You might like the same kind of yoghurt as Hitler, but because of the horrible atrocities he was responsible for, his taste in yoghurt is also tarnished?

I don't usually like Bolt's stuff, barely read it, but this one article, I can relate to. So friggin shoot me.

No, what I'm saying is Andrew Bolt is one of the last people anyone should be turning to for commentary on the budget.

The only potential good thing in this development is that hopefully his regular full page column won't appear in tomorrow's Advertiser now. Thursday's paper is the only one I get and it shits me that recently they moved his Wednesday rant into the Thursday paper.

I don't care who wrote the fecking column, it just seemed to make sense to me.

Every now and then, I'll agree with Kyle Sandilands' assessment on a certain artist too.

Or Jeff Kennett's thoughts on footy. (Rarely, but it happens)

Or Hitler's taste in yoghurt. (Vanilla - mmmm)

I know he's about as right wing as Genghis Khan but to me, Bolt's summary of the Budget rings pretty true.

[OnSong]

I think he preferred chocolate mousse.

Or throat yoghurt.

[GWW]

Seems to be a few changes re income tax thresholds and tax on Super. Will be interesting to see what impact they have.

[Squids]

Squids could save Australia billions of dollars

but it would require squids becoming a dictator

[Gozu]

Hopefully that squids dictatorship won't be required.

Mr Denmore on the markets response to the budget vs the guff we get from Ltd News etc:

Perhaps at this point, it is pertinent to check in with the real capitalists in the financial markets. What did they say about the budget?

HSBC: "Australia's fiscal position is very strong compared with the bulk of the developed world. With current net government debt of 9.6% of GDP, Australia's triple AAA sovereign rating seems secure. We also agree that it is an appropriate goal for the government to be aiming to balance the budget on average."

CBA: "The government deserves some credit for sticking with its fiscal guns and adhering to the exit strategy laid out for the post-GFC environment. And they deserve some credit for finding sufficient savings to fund some new measures and offset the impact of the patchwork economy on the Budget parameters."

FITCH RATINGS: "(Australia) is already a standout in ratings strength, having giving it a demonstrable capacity to absorb fiscal and economic shocks. Delivering budget surpluses over the coming years will depend on implementing a mix of tax and spending measures that build on its strong economic and fiscal starting points. Even If the economy unexpectedly slows, it is likely that any deficit in the coming financial year will be small. And over the medium term we would give credit for successfully implemented fiscal consolidation that helped reverse the government debt trajectory."

I read the news today. Oh boy. Apparently, Australia is now a socialist dictatorship run by red rag shop stewards stealing the legitimate rewards of those with enterprise and throwing it away on the undeserving poor.

"Once again, nothing in it for me," said 'Single Dad' in the comments section of a Sydney Morning Herald analysis from Adele Ferguson describing Wayne Swan's fifth budget as 'Class Warfare'. Over at 'The Heart of the Nation', meanwhile, the splash was 'Smash the Rich, Save the Base', with Swan and Gillard seen leading an angry mob against a hammer and sickle backdrop.

Apparently, in this new Tea Party, Fox News-inspired world where the facts are optional, socialism is defined as any measure that involves redistribution of any kind - as if the entire post World War II edifice of the mixed economy was a mirage.

http://thefailedestate.blogspot.com.au/ ... -life.html

[Gozu]

Is this ridiculous comment on Adelaide Now from SA Footy's very own Mick?

Can we please just have an election now. This Government is just in care taker mode as we know the majority of the population just want a change. Lets get the Liberals in and not muck around installing the Carbon Tax. We should be one of the wealthiest countries in the world, however under labour we are well on the way to self distruction. PS: I voted labour at the last election, won’t EVER be making that mistake again.

Mick of Adelaide

http://blogs.crikey.com.au/purepoison/2 ... ment-79945

[Media Park]

Announcing a surplus on budget night is all well and good, makes for great media...

The "unforseen" circumstances in two months that give us a substantial deficit? Different story.

[Q.]

Is this ridiculous comment on Adelaide Now from SA Footy's very own Mick?

Can we please just have an election now. This Government is just in care taker mode as we know the majority of the population just want a change. Lets get the Liberals in and not muck around installing the Carbon Tax. We should be one of the wealthiest countries in the world, however under labour we are well on the way to self distruction. PS: I voted labour at the last election, won’t EVER be making that mistake again.

Mick of Adelaide

http://blogs.crikey.com.au/purepoison/2 ... ment-79945

SAFooty's Mick would never vote Labor.

He would also spell Labor correctly

[Q.]

Hopefully that squids dictatorship won't be required.

Mr Denmore on the markets response to the budget vs the guff we get from Ltd News etc:

Perhaps at this point, it is pertinent to check in with the real capitalists in the financial markets. What did they say about the budget?

HSBC: "Australia's fiscal position is very strong compared with the bulk of the developed world. With current net government debt of 9.6% of GDP, Australia's triple AAA sovereign rating seems secure. We also agree that it is an appropriate goal for the government to be aiming to balance the budget on average."

CBA: "The government deserves some credit for sticking with its fiscal guns and adhering to the exit strategy laid out for the post-GFC environment. And they deserve some credit for finding sufficient savings to fund some new measures and offset the impact of the patchwork economy on the Budget parameters."

FITCH RATINGS: "(Australia) is already a standout in ratings strength, having giving it a demonstrable capacity to absorb fiscal and economic shocks. Delivering budget surpluses over the coming years will depend on implementing a mix of tax and spending measures that build on its strong economic and fiscal starting points. Even If the economy unexpectedly slows, it is likely that any deficit in the coming financial year will be small. And over the medium term we would give credit for successfully implemented fiscal consolidation that helped reverse the government debt trajectory."

I read the news today. Oh boy. Apparently, Australia is now a socialist dictatorship run by red rag shop stewards stealing the legitimate rewards of those with enterprise and throwing it away on the undeserving poor.

"Once again, nothing in it for me," said 'Single Dad' in the comments section of a Sydney Morning Herald analysis from Adele Ferguson describing Wayne Swan's fifth budget as 'Class Warfare'. Over at 'The Heart of the Nation', meanwhile, the splash was 'Smash the Rich, Save the Base', with Swan and Gillard seen leading an angry mob against a hammer and sickle backdrop.

Apparently, in this new Tea Party, Fox News-inspired world where the facts are optional, socialism is defined as any measure that involves redistribution of any kind - as if the entire post World War II edifice of the mixed economy was a mirage.

http://thefailedestate.blogspot.com.au/ ... -life.html

Less Denmore and more Bill Leak cartoons please

[Gozu]

Is this ridiculous comment on Adelaide Now from SA Footy's very own Mick?

Can we please just have an election now. This Government is just in care taker mode as we know the majority of the population just want a change. Lets get the Liberals in and not muck around installing the Carbon Tax. We should be one of the wealthiest countries in the world, however under labour we are well on the way to self distruction. PS: I voted labour at the last election, won’t EVER be making that mistake again.

Mick of Adelaide

http://blogs.crikey.com.au/purepoison/2 ... ment-79945

SAFooty's Mick would never vote Labor.

He would also spell Labor correctly

Didn't 'our Mick' say he voted for Labor at the last election or in '07?

[Bully]

here here

[FlyingHigh]

Is this ridiculous comment on Adelaide Now from SA Footy's very own Mick?

Can we please just have an election now. This Government is just in care taker mode as we know the majority of the population just want a change. Lets get the Liberals in and not muck around installing the Carbon Tax. We should be one of the wealthiest countries in the world, however under labour we are well on the way to self distruction. PS: I voted labour at the last election, won’t EVER be making that mistake again.

Mick of Adelaide

http://blogs.crikey.com.au/purepoison/2 ... ment-79945

Sounds like Anthony Toop's w@nk in last Saturday's Advertiser - property isn't selling because we are still in "election mode" after the close 2010 vote and peopl are afraid to commit to buying a house because of the carbon tax so the government should call an election, ie we need a Liberal gov. So the property industry is so important it should dictate politics in this country