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Parallel Universe

PostPosted: Tue Nov 01, 2011 3:17 pm
by redandblack
Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 3:43 pm
by best on hill
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


not too mention the unemployment rate down.

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 5:29 pm
by Q.
I thought this was going to be a thread discussing string theory.

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 6:41 pm
by southee
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


:roll: .......she's wonderful isn't she???

Does it really matter if they are lower when we are getting taxed to the "hilt" with the Carbon Tax making everyday living expensives going UP, UP, UP!!!

Remove the blinkers R&B and smell the coffee ;)

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 6:48 pm
by redandblack
How much is carbon tax costing you, southee?

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 7:26 pm
by southee
redandblack wrote:How much is carbon tax costing you, southee?


It will.....ask big industry the same question.

0.25% ....shall we award her a medal R&B???

She did it all herself did she??? One of the greatest PM's we have ever had R&B???

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 7:32 pm
by Mad Mat
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


I'm surprised you're so confused R&B? You usually come across like you know everything. :lol:

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 7:35 pm
by once_were_warriors
70% of People always vote Labor or vote Liberal regardless of the pro's and cons.

You are all a bunch of Muppets

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 7:39 pm
by southee
once_were_warriors wrote:70% of People always vote Labor or vote Liberal regardless of the pro's and cons.

You are all a bunch of Muppets


Well said...sums it up really :lol:

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 7:42 pm
by redandblack
Sorry southee, when you said 'we are getting taxed to the hilt', I thought you meant 'we are getting taxed to the hilt'.

The carbon tax is expected to cost about $10 per week. Compensation, which you haven't mentioned, will be about the same amount.

The interest rate cut today will save, on an average $300K mortgage, at least $15 per week. I think most home buyers will welcome that.

When Mr Howard left office, the rate was about 6.5%, it's now 4.5%. There hasn't been a rate rise for nearly a year, now a cut.

I think you're being a bit churlish, southee. I think the PM, who gets a lot of criticism, is entitled to some praise for this.

Don't you?

Re: Parallel Universe

PostPosted: Tue Nov 01, 2011 7:46 pm
by redandblack
Mad Mat wrote:
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


I'm surprised you're so confused R&B? You usually come across like you know everything. :lol:


Any chance of debating the question, or are you happier making personal attacks?

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 8:02 am
by Media Park
Another praise the ranga thread, what a surprise...

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 9:27 am
by mick
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


The reason rates were cut, is our economy excluding mining is not doing so well, look at retail for instance. I could also use the argument used against Howard and Costello when the economy was doing well it was none of their doing but due to "outside international influences" or "anyone could run the economy in this climate". I'm glad there was a rate cut as so many are struggling to keep their households together, the new unnecessary taxes will put more pressure onthe battlers, sure some compensation for the initial spike, what about in the years to come after that initial compensation is eaten up by inflation?

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 9:29 am
by The Sleeping Giant
If there is a string, leave it alone

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 10:17 am
by gossipgirl
theres a great song about string from the GOODIES (they should be running the coutry)

String, string, string, string
Everybody loves string!
String, string, string, string
Everybody needs string!
Pull on your pants
Slip on your vest
Everyone agrees
String is best!
String, string, string, string
Everybody loves string!

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 10:23 am
by Q.
mick wrote:
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


The reason rates were cut, is our economy excluding mining is not doing so well, look at retail for instance. I could also use the argument used against Howard and Costello when the economy was doing well it was none of their doing but due to "outside international influences" or "anyone could run the economy in this climate". I'm glad there was a rate cut as so many are struggling to keep their households together, the new unnecessary taxes will put more pressure onthe battlers, sure some compensation for the initial spike, what about in the years to come after that initial compensation is eaten up by inflation?


This government should be utilising the mining boom to stimulate the sagging non-resource sector. It's obvious we should have had an RSPT and the failure to implement one is a gross error. It would have also meant that the price per tonne of carbon could possibly have been lower at the introduction of a Carbon Tax.

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 10:35 am
by am Bays
Quichey wrote:This government should be utilising the mining boom to stimulate the sagging non-resource sector. It's obvious we should have had an RSPT and the failure to implement one is a gross error. It would have also meant that the price per tonne of carbon could possibly have been lower at the introduction of a Carbon Tax.


Why mining? Why not the banks? Why pick on the resource industry

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 11:23 am
by scoob
am Bays wrote:
Quichey wrote:This government should be utilising the mining boom to stimulate the sagging non-resource sector. It's obvious we should have had an RSPT and the failure to implement one is a gross error. It would have also meant that the price per tonne of carbon could possibly have been lower at the introduction of a Carbon Tax.


Why mining? Why not the banks? Why pick on the resource industry


http://www.news.com.au/money/banking/we ... 6183208145

TAX THEM!!! They are making money!!! TAX THEM!!!

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 11:25 am
by Q.
am Bays wrote:
Quichey wrote:This government should be utilising the mining boom to stimulate the sagging non-resource sector. It's obvious we should have had an RSPT and the failure to implement one is a gross error. It would have also meant that the price per tonne of carbon could possibly have been lower at the introduction of a Carbon Tax.


Why mining? Why not the banks? Why pick on the resource industry


Profit growth vs asset base. Mining sector is our most profitable industry.

Re: Parallel Universe

PostPosted: Wed Nov 02, 2011 12:10 pm
by Jimmy_041
redandblack wrote:Once again I'm confused.

I keep getting told that Labor are 'ruining the country". When I ask how, there are hardly any answers.

Today the Reserve Bank dropped interest rates. They're now a full 1% lower than when Labor took office, but I was told that interest rates would always be lower under a Liberal government.

Please Julia, keep ruining the country 8)


:lol: - the reason interest rates are dropping is because the economy is NOT doing so well