Poll

Who would you prefer as Prime Minister

Little Johnnie
Kev'
Bob
Pete
Jtas?
Noss!
Pringles!
Kranzy!
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Offline cruizer

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Re: The election poll
« Reply #60 on: Oct 22, 2007, 12:29PM »
Quote from: noss on Oct 22, 2007, 10:32AM

oh also someone mentioned surplus much earlier.. i want to know, why should a government have a huge surplus? why dont they spend some bloody money on the country? as i said earlier i'm not into politics much at all, so maybe i got it all wrong, but shouldnt money be spent on services and what not to make the country better? (not till we have no surplus tho) or is it just another 'hey look at me i gots me some money we are the bestest' kind of thing

I agree 100% with that.
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Offline chr1S

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Re: The election poll
« Reply #61 on: Oct 22, 2007, 12:43PM »
howard owned krudd.

haha i loved this

"no you were wrong and you know it, you shouldn't of said it"

LOL
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Offline Febrile

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Re: The election poll
« Reply #62 on: Oct 22, 2007, 01:25PM »
Quote from: noss on Oct 22, 2007, 10:32AM
oh also someone mentioned surplus much earlier.. i want to know, why should a government have a huge surplus? why dont they spend some bloody money on the country? as i said earlier i'm not into politics much at all, so maybe i got it all wrong, but shouldnt money be spent on services and what not to make the country better? (not till we have no surplus tho) or is it just another 'hey look at me i gots me some money we are the bestest' kind of thing

Quote from: Narxysus on Oct 21, 2007, 03:40AM
Interest rates change to maintain inflation in the 2-3% band.  Short-term inflation is caused by strong economic activity and a positive future outlook, so people borrow more and more.  Economic activity is strongly influenced by the fiscal actions of government.  It is indirect, but the government does influence the interest rate - if taxes were jacked up and the government didn't spend much, then interest rates would probably fall, to prevent deflation caused by low economic activity.

If all that money was spent every year, interest rates would be pretty high in order to curtail private spending by and equivalent amount, otherwise inflation would be insane.

But mostly noss, it's because the government (regardless of which party it is) must maintain balanced books in the long term - i.e. it can't continually borrow (have a deficit) and it could not maintain a surplus indefinitely for political reasons (i.e. people's tax money being held and not used for anything for long periods of time).  So if you look at the last couple decades, you see that the budget is more in deficit than surplus:

http://www.budget.gov.au/2007-08/overview/html/overview_40.htm

If you add up the "Underlying cash balance: percent of GDP" column, you get -18.7%.  So it would take a saving of 18.7% of GDP (roughly) to pay back all of the government's past loans.  Right now, the surplus is 1% of GDP.  You can see that only in the last two years has the net debt become negative (i.e. more assets than debt) - I don't know how this is worked out but I'd guess it's [outstanding loans] - [liquid assets], so it probably shows the amount by which debt liabilities exceed assets.  So yeah.  The government is running continual surpluses because it has a lot to make up for.
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Offline noss

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Re: The election poll
« Reply #63 on: Oct 22, 2007, 02:05PM »
ok cool thanks for explaining :) i dont pay attention to much outside my bubble.
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Offline dave-trx

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Re: The election poll
« Reply #64 on: Oct 22, 2007, 04:50PM »
Quote from: noss on Oct 22, 2007, 10:32AM
and sidestepping a little.. dave :P i know you asked narx and not me, but i myself have done 3 iq tests.. my iq has gone down a bit over the years lol.. first one was an army iq test.. i got 163.. next one was 158, then next one was 152.. a few years in between each one.. i dont want to be tested again in case its gotten any worse  ::)

Sorry Noss, Narx posts more then you do these days. So I read more of his posts.

Sounds like you have been drinking to much. lol, keep it up.
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Offline dave-trx

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Re: The election poll
« Reply #65 on: Oct 22, 2007, 04:55PM »
Chris I think its funny how you said Rudd was owned. I didn't see the debate but from what I heard Rudd was the better man.

Read up a little, you have pretty much only grown up under a liberal goverment. John howard is a tool. How much do you know about the other political partys that you have not heard the liberals say.
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Offline SSS

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Re: The election poll
« Reply #66 on: Oct 22, 2007, 05:40PM »
Vote for me, [i seem to suffer from tourettes]s.  ;D

I'm already sick to death of hearing "If elected...."
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Offline thumbtack

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Re: The election poll
« Reply #67 on: Oct 22, 2007, 07:11PM »
yeah im sick of that too. not to mention bundaberg is a very labour strong town so i've also heard 'ratify kyoto' about 60 times today. one more and i go stabby
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Offline Febrile

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Re: The election poll
« Reply #68 on: Oct 22, 2007, 07:33PM »
Quote from: thumbtack on Oct 22, 2007, 07:11PM
yeah im sick of that too. not to mention bundaberg is a very labour strong town so i've also heard 'ratify kyoto' about 60 times today. one more and i go stabby

On this note, I was pleased to hear Howard say, in pretty blunt terms, that the US and Bush do need to do more on the climate change front, and I agree with him on the outcome of the APEC summit.  I think these are better initiatives than the Kyoto protocol.  I'm fairly sure I'll be putting Liberal ahead of Labour on my ballot.
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Offline chr1S

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Re: The election poll
« Reply #69 on: Oct 22, 2007, 10:40PM »
liberal ftw [i seem to suffer from tourettes]s

lol @ forum how biased it is, SAU have liberal winning by miles on here it's Kruddski.
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Offline bogan_bob

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Re: The election poll
« Reply #70 on: Oct 22, 2007, 11:50PM »
The problem is, krudd is saying all the things to buy the cheap votes. I know liberal will be better (IMO) but krudd keeps making promises to try and appease all the 'uneducated' (i use this term loosely, referring to the majority of the population who dont have much of an understanding of politics and how decisions locally affect our national and international position), saying things such as he will ratify the kyoto protocol, offering what really is a small increase/offset in childcare costs, the cheap education scholarship, wanting to spend what sounds like a large amount of money, but really isnt much, on upgrading broadband networks, they are all very short term policies IMO and it frustrates me no end. Sure they sound good, will get people some cash in their pockets almost immediately but once you've spent that, where to then?
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Offline SSS

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Re: The election poll
« Reply #71 on: Oct 23, 2007, 09:44AM »
Quote from: chr1S on Oct 22, 2007, 10:40PM
liberal ftw [i seem to suffer from tourettes]s

agreed.

I fucking lol'd hard when krudd mentioned some shit about "tax breaks to landlords for cheaper rent"....I pretty much switched off to anything that he has to say now. Bit like the last labourious tool at the last election, "vote for me, more ciggys and grog to the less fortunate".
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Offline noss

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Re: The election poll
« Reply #72 on: Oct 23, 2007, 11:53AM »
Quote from: chr1S on Oct 22, 2007, 10:40PM
liberal ftw [i seem to suffer from tourettes]s

lol @ forum how biased it is, SAU have liberal winning by miles on here it's Kruddski.

have you been to the r31 club? honestly i go to websites to stay away from shit like these even though i've had a bit of a rant in here about people that cant think for themselves.. but yeh, couldnt stay there for more than a few minutes.


edit: dunno what happened but it looks normal now.. they had a big r31 club logo with the word skyline crossed out and kevin07 written in and a pic of kevin rudd's head.. meh.
« Last Edit: Oct 23, 2007, 11:55AM by noss »
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Offline SSS

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Re: The election poll
« Reply #73 on: Oct 23, 2007, 12:43PM »
That's because they're all bogans ryan.  ;D
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Offline chr1S

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Re: The election poll
« Reply #74 on: Oct 23, 2007, 02:23PM »
LOL thats crazy

bogan31 club FTL.
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Offline FuzzyDropbear

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Re: The election poll
« Reply #75 on: Oct 23, 2007, 02:28PM »
Quote from: SSS on Oct 23, 2007, 12:43PM
That's because they're all bogans ryan.  ;D

I know a couple of people from the R31 club and they're not bogans. Maybe some of them are, but not all.  :D
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Offline Febrile

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Re: The election poll
« Reply #76 on: Oct 24, 2007, 03:40PM »
Apparently it's because the equivalent of noss (owner/admin) on the r31 forums is a Labour die-hard.

On topic, I was listening to the radio and apparently the latest inflation figures put it at 3% for the year, which is at the very top of the 2-3% band that the bank aims for, and seeing as how the economy has no internal downward pressures in it, it is inevitable that interest rates will rise (potentially by a lot), whoever gets into government.  They were saying that it could well be as soon as the RBA meeting in November.

Has anyone looked at the policies for the various parties?  On the Greens and the Democrats websites, they have very good, explicit policy outlines, which are not broad and vague.  Labour, and particularly Liberal, just have these crappy documents that say really broad, ambiguous things.  Like this from Labour's tax section:

Quote
Public confidence in Australia's tax system is dependent upon a simple and transparent tax system where everyone pays their fair share of tax.

Wow! Labour want a fair tax system!  They are an innovative party with "new leadership" for sure!  :P  I don't understand why these parties don't make explicit policy papers like the Dems etc.  It would be nice to have a list of common items between all parties, and compare them side by side in the same format, without all the propaganda bullshit.

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Offline chr1S

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Re: The election poll
« Reply #77 on: Oct 24, 2007, 04:58PM »
then they don't win.
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Don't let the opinions of the average man sway you. Dream, and he thinks you're crazy. Succeed, and he thinks you're lucky. Acquire wealth, and he thinks you're greedy. Pay no attention. He simply doesn't understand.

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and if someone wasn't cranky at Chr1s for something he said...

Offline noss

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Re: The election poll
« Reply #78 on: Oct 31, 2007, 11:30AM »
well what can i say..






and after all the ruckus about kevin rudd going to a titty bar, this girl doesnt even look 18 lol..
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Offline thumbtack

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Re: The election poll
« Reply #79 on: Oct 31, 2007, 12:30PM »
ah come on now, every loves titties no matter what age! ;) haha
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Offline Dano Da Bomb

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Re: The election poll
« Reply #80 on: Oct 31, 2007, 01:44PM »
Titties woot woot  ;) good on ya rud for going to a strip joint why the hell not.
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Offline chr1S

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Re: The election poll
« Reply #81 on: Oct 31, 2007, 03:16PM »
i think his thinking

"where the fuck are her tits?"
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Offline Budgie

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Re: The election poll
« Reply #82 on: Oct 31, 2007, 03:27PM »
Quote from: chr1S on Oct 31, 2007, 03:16PM
"where the fuck are her tits?"

Spot on, there are hardly any there!!
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Offline phantom

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Re: The election poll
« Reply #83 on: Oct 31, 2007, 03:57PM »
rudd and howard both suck...VOTE GREEN....i mean NOSS....he probably has a better chance..
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Offline Legend Killer

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Re: The election poll
« Reply #84 on: Oct 31, 2007, 11:05PM »
haha at my local pc club... we had those pics and had to make the best caption for them
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Offline trxboi1987

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Re: The election poll
« Reply #85 on: Nov 2, 2007, 02:04AM »
well i am goin to be voting Labour, go ruddy :P
i have just done economics at university and well  johnny promised low inflation, but then he also promised low unemployment with stupid incentiatives like bloody workchoices to get ppl into the workforce. u cant have both and have a smooth economy, its simple with more people in work bringin down unemployment levels, there is more money to spend purchasing  items in the economy. This will increase inflation figures and in turn put up interest rates and were all seeing the effects of interest rates rising. many people in sydney or anywhere for that matter are having to sell there homes to cover there huge mortgage or the bank decides to foreclose on there mortgage cause people cant afford to pay a higher interest repayments. i hope ruddy can get in and scrap this stupid reform of workchoices. yeah our economic growth is growing atm but it will soon level off and then were would be go from there, recession?
bring back peoples rights in the workforce, so they are happy and content to increase there productivity, not so they dont need to look over there shoulder ever 10 secs to see if they still have a job.
« Last Edit: Nov 2, 2007, 02:06AM by trxboi1987 »
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Offline Xedus101

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Re: The election poll
« Reply #86 on: Nov 2, 2007, 01:38PM »
People go on about how this workchoices thing is so bad but does anyone actually know someone thats been affected by it? Not having a go at anyone, just curious.
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Re: The election poll
« Reply #87 on: Nov 2, 2007, 04:41PM »
Quote from: Xedus101 on Nov  2, 2007, 01:38PM
People go on about how this workchoices thing is so bad but does anyone actually know someone thats been affected by it? Not having a go at anyone, just curious.

Lol ur 100% right there mate, but watch out they will come and get you lol
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Offline Habibosaurus

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Re: The election poll
« Reply #88 on: Nov 2, 2007, 05:01PM »
Special news report from the Chaser..." 100% of Union Officials are.... union officials..." bahahahah
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Offline Febrile

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Re: The election poll
« Reply #89 on: Nov 3, 2007, 06:02PM »
Quote from: trxboi1987 on Nov  2, 2007, 02:04AM
well i am goin to be voting Labour, go ruddy :P
i have just done economics at university and well  johnny promised low inflation, but then he also promised low unemployment with stupid incentiatives like bloody workchoices to get ppl into the workforce. u cant have both and have a smooth economy, its simple with more people in work bringin down unemployment levels, there is more money to spend purchasing  items in the economy. This will increase inflation figures and in turn put up interest rates and were all seeing the effects of interest rates rising. many people in sydney or anywhere for that matter are having to sell there homes to cover there huge mortgage or the bank decides to foreclose on there mortgage cause people cant afford to pay a higher interest repayments. i hope ruddy can get in and scrap this stupid reform of workchoices. yeah our economic growth is growing atm but it will soon level off and then were would be go from there, recession?
bring back peoples rights in the workforce, so they are happy and content to increase there productivity, not so they dont need to look over there shoulder ever 10 secs to see if they still have a job.

I can't understand why you think Labour will improve the situation.  People have massive mortgages because of past economic prosperity.  Interest rates are high because inflation is high due to current economic prosperity.  Workchoices has been implemented by the Howard government with the aim being to ensure future economic prosperity via a flexible and competitive labour market, once Australia has to really compete in the global economy instead of being able to rely on a commodities boom.

What do you want, exactly?  Or more to the point, what do you think Labour can do that Liberal can't?
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