Abbott/Liberal Govt Watch

[mighty_tiger_79]

TUrnbull is doing a great job of putting himself in pole position for when Tony gets the axe!

[dedja]

Don't say I did warn you ...

[Roxy the Rat Girl]

Love this stoush between Alan Jones and Malcolm Turnbull


http://www.news.com.au/video/id-N0Zmc2bjqyRACsP0Xk1HnK5whzPxHEoa/Jones-vs-Turnbull-You-like-dishing-it-out-but-you-dont-like-taking-it

[Leaping Lindner]

Canadia........

[woodublieve12]

Canadia........

.

[shoe boy]

Is it just me or do you agree that Abbot makes you cringe every time he is in front of a mic!

[woodublieve12]

Is it just me or do you agree that Abbot makes you cringe every time he is in front of a mic!

Oh i agree...

[Roxy the Rat Girl]

I usually find myself throwing stuff at the TV.

[Jimmy_041]

I usually find myself throwing stuff at the TV.

Waste of a TV if you connect

[mighty_tiger_79]

I usually find myself throwing stuff at the TV.

Waste of a TV if you connect

it was possibly purchased out of the $900 Rudd prezzy

[Jimmy_041]

I usually find myself throwing stuff at the TV.

Waste of a TV if you connect

it was possibly purchased out of the $900 Rudd prezzy

appropriate

[bennymacca]

I usually find myself throwing stuff at the TV.

Waste of a TV if you connect

it was possibly purchased out of the $900 Rudd prezzy

appropriate

well it was appropriate, actually.

[Roxy the Rat Girl]

I usually find myself throwing stuff at the TV.

Waste of a TV if you connect

My aim is not what it used to be

[Jimmy_041]

Interesting analysis

http://www.abc.net.au/news/2014-06-12/joe-hockey-one-billion-a-month-interest-fact-check/5478480?pfm=ms

See if you can spot the errors in fact and conclusion

FACT CHECK: ABC FACTED UP

[Roxy the Rat Girl]

Is it the acknowledgement that gross debt is >1 Bn per month but then the statement about the repayments on the amount of debt that occurred under Labor being less than 1 Bn per month?

[gossipgirl]

God save Aus…and us!!


Tony Abbott asks the Queen, "Your Majesty, how do you run such an efficient government?
Are there any tips you can give me?"

"Well," said the Queen,

"The most important thing is to surround yourself with intelligent people."

Abbott then asked,

"But how do I know if the people around me are really intelligent?"

The Queen took a sip of champagne.

"Oh, that's easy; you just ask them to answer an intelligent riddle, watch"
The Queen pushed a button on her intercom.
"Please send Prince Charles in here, would you?"

Prince Charles walked into the room and said,
"Yes, Mummy?"



The Queen smiled and said,

"Answer me this please Charlie.
Your mother and father have a child.
It is not your brother and it is not your sister.
Who is it?"

Without pausing for a moment, Prince Charles answered

"That would be me."

"Yes! Very good." said the Queen.


Tony Abbott went back home to Australia by Qantas


He decided to ask Joe Hockey the same question.
"Joe, answer this for me."

"Your mother and your father have a child.
It's not your brother and it's not your sister.
Who is it?"

"I'm not sure," said Hockey.

"Let me get back to you on that one."
He went to his advisors and asked everyone, but none could give him an answer.

Frustrated, Hockey went to the toilet, and found Clive Palmer there.

Joe Hockey went up to him and asked,
"Hey Clive, see if you can answer this question."
"Shoot Joe."
Your mother and father have a child and it's not your brother or your sister.
Who is it?"

Clive Palmer answered,

"That's easy, it's me!"



Joe Hockey grinned, and said, "Good answer Clive, I see it all now!"

Joe Hockey then, went back to find Tony Abbott.
"Tony, I did some research, and I have the answer to that riddle."

"It's Clive Palmer"

Tony Abbott got up, stomped over to Joe Hockey, and angrily yelled into his face,

"No! You bloody idiot! It's Prince Charles!"


.. . AND THAT MY FRIENDS IS PRECISELY WHAT'S GOING ON IN CANBERRA

[mighty_tiger_79]

did anyone else the Clive Palmer United Party on Sunday Night...

the motorist enthusiast guy has simply NFI

the Tassie woman looks like a feisty piece of work!!! I could see her going on a rant!!

I do like Clive and his antics of rocking up in a different car to Parliament, but it was amusing how he got caught out giving the party the answers!!!

[Q.]

Clive Palmer is a cheeseburger short of a heart attack.

[mighty_tiger_79]

Clive Palmer is a cheeseburger short of a heart attack.

perhaps he should stay away from Heart Attack Grill (I think its called that ) in Vegas

[Jimmy_041]

Is it the acknowledgement that gross debt is >1 Bn per month but then the statement about the repayments on the amount of debt that occurred under Labor being less than 1 Bn per month?

Sorry, busy with my calculator at work this month
Yes; the AOFM confirmed that we are paying around $12.2b in interest now (in fact, it is around $12.84b as of today)
There are several misstatements and assumptions which I am surprised were not picked up by his own checkers Dr Chris Caton and Chris Richardson.
Here's one to start off with:

When Labor's Kevin Rudd took over as prime minister in 2007, there was $59 billion in Commonwealth securities on issue. Under Mr Rudd, the ratio to GDP continued to fall for another three years, hitting the lowest point of the past 30 years.

Commonwealth securities as a proportion of GDP under Labor governments, 2006 to 2013
Date $ billion % of GDP
Jun-06 59.1 5.4
Jun-07 58.2 4.9
Jun-08 60.4 4.7
Jun-09 101.1 8.1
Jun-10 147.1 11.4
Jun-11 191.3 13.7
Jun-12 234 15.9
Jun-13 257.4 17.0
Source: Australian Office of Financial Management

http://aofm.gov.au/files/2013/07/Table_H12.pdf

Labor was elected in November 2007 and didn't bring down their first budget until June 2008 so the figures as at 6/08 have to be attributed to the previous govt as it was their budget. So the starting point for Labor is $60.4b. BUT, look at the ratio to GDP which he states as falling for the next 3 years. It doesn't: it actually goes up each year. Even using his incorrect figure of $59b, the ratio only fell for the 6 months to 06/08 and then rose sharply from there on. His statement is totally incorrect either way. Actual figures are attached

Simile, he is assuming that the debt attributable to Labor stops at the election time which it does not. Govts do not, and cannot, change the current budget until the next budget date. They may bring down a mini budget, but it still needs to be passed. Simile, the Labor profited from the surpluses of the previous Govt - something they couldn't have avoided until the passing of a budget.
What he has done, is make the figures suit his argument by picking the election date when in 2007 we were in surplus but in deficit in 2013. (ie) debt falling in 2007 and rising 2013 and giving Labor the benefit of both situations, whereas the opposite is the case.