LOL some great replies,cheers guys.

Yes i think you hit the nail on the head "They are all clowns" and the entrance exam is easy,ya just need a big pair of floppy red shoes,no experience necessary. .

Politicians dont get paid very well (they get great benefits tho) as compared to say the telstra ceo.All the people with brains are the CEOs of banks and corporations earning obscene amounts of money per week.
Politicians just think they have brains!
Or sing a song,make a few albums with political messages and bang your Garret, i mean a politician,Could always make a movie! Thats given a few the credentials to become a politician, I'll be back.

Talking about debt (of our country)

The only point of having a surplus is to that we are able to run up a manageable debt whenever a recession hits. The government debt used to stimulate the economy keeps people in jobs, helps the economy bottom-out in a way that's higher and softer, rather than crashing through the floor, and allows for quicker recovery. The problem with trying to recover this debt too quickly , partly through increased taxes, but mainly through cutting services (ergo) jobs, is that you pull money out of the economy, stop people spending and make the recession worse. If anything we are probably going into financial austerity too early. Watch Europe and the US. They've been running budget deficits consistently for years, and its gotten to the point where, now, when they really do need to dip into deficit, the debt risks becoming unmanageable.

The difficulty with all of this is that people tend to think of sovereign debt in the same way they think of personal debt. But the role of government is not to manage the budget, but also to manage the economy. If you focus too much on the budget bottom line the bigger picture goes out the window. Government's are in a much better place to manage debt, since the long term bond rate is lower (because sovereign risk is lower) than private/commercial interest rates.

Long story short, government debt, handled correctly, is nothing to be scared of, and certainly not at our 6% of GDP. Much of the time its better than the alternative. When the liberal party carp on about the need to slash public debt quickly, just ask yourself, who benefits and who loses?


For a sovereign debt 101 crash course

[edit on 19-8-2010 by undinism]

Gillard, Rudd, Abott, Obama, Blair, Brown etc. etc.

They're all puppets

They're all owned by and working for the same cabal

They don't make decisions -- they obey instructions

I wouldn't give the Greens the time of day

This time I'm drawing my own box on the ballot paper. Inside I'm writing Dick Smith. And I'm ticking that

There is NO one, no one of them that I'd trust to give me the correct change

I spit on the lot of them

Just don't vote Greens people, they are anti-human and plan to make the whole country a reserve. They believe in population reduction and basically put the ground and whats growing on in it above Humans.

Greens = Genocide

There is a HUGE difference between Labour and the Greens, you obviously haven't dug deep enough to find it.

I personally am not voting at all. Proudly, too.

Labour's being turned into a far-right party (thanks to people like Mark Arbib and Conroy) and Liberals are anti-union and will happily take away all your rights as a worker to benefit your employer, and I'm not going to vote for Greens or any of the smaller parties because they aren't going to be elected and, thanks to preference votes, I would indirectly be voting for one of the top 2 parties that I wanted to vote against in the first place.


The whole system is a joke.

It's hard to believe Labour was founded on (and makes out like they still believe in) socialist ideals, isn't it?

[edit on 20/8/10 by Nventual]

Originally posted by damn_ummmm

Seriously, we HAVE NO MONEY but we can spend BILLIONS on faster movie downloads... we can borrow BILLIONS to pay for it and get NOTHING BACK from it.... We (the Australian public) didn't even get a say in it and it's only FIXED LINE anyway!!!

Uh, what? I thought they were spending billions to create a faster broadband network. Just because all YOU do on the internet is watch movies doesn't mean it's what EVERYBODY does. Are you being paid to say this crap or do you actually think like this?

Do you realise how much we could acheive as a country if we had super-speed internet? The possibilities are endless.

For example, things would be made SO much easier for disabled people, like attending uni classes from home via HD streaming footage.

Of course that's just one example, the first one that came to me.
No doubt if you gave me a week I could come up with 10000 things that could be acheived by faster internet that would benefit both disabled and non-disabled Australians.

Not to mention we would finally be up to par with the rest of the Western world in terms of speeds.

There's a lot more to it than "faster movie downloads" like you'd want everybody to believe.

I cant take her seriously... Whenever she speaks i keep expecting her to say "look at mooyy kimmy" ... Kath and Kim have ruined it for her..

Originally posted by Yissachar1
I cant take her seriously... Whenever she speaks i keep expecting her to say "look at mooyy kimmy" ... Kath and Kim have ruined it for her..

Hah, that's nothing compared to her damn hand waving when she talks.
I can not stand one thing about her.