Diary of our stinking Govt.

[boris1gary]

As it's more than 100 days now, it has been suggested that a new thread was needed.  The current govt has been breaking promises and telling lies at a rate so fast it's hard to keep up.

This below is worrying, "independent" pffft, as if your own doctor is somehow what? biased, it's ridiculous. So far there is talk of only including people under a certain age 30-35, for now. Remember that if your injured in a car, injured at work or get ill, you too might need to go on the DSP. They have done a similar think in the UK with devastating consequences.

and this is the 2nd time recently where the Govt has referred to work as welfare???? So when you go to work tomorrow (or tuesday), just remember that's welfare.

http://www.abc.net.au/news/2014-04-20/disability-pensioners-may-be-reassessed-kevin-andrews/5400598

Independent doctors could be called in to reassess disability pensioners, Federal Government says

The Federal Government is considering using independent doctors to examine disability pensioners and assess whether they should continue to receive payments.

Currently family doctors provide reports supporting claims for the Disability Support Pension (DSP).

But Social Services Minister Kevin Andrews is considering a measure that would see independent doctors reassess eligibility.

"We are concerned that where people can work, the best form of welfare is work," Mr Andrews said at a press conference.

[gleee58]

Hey monman I saw your twitter account. You are one sick puppy monman12

Did you set up a twitter account for monman?

[gleee58]

Hey monman I saw your twitter account. You are one sick puppy monman12

Did you set up a twitter account for monman?

[putivlada]

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@gleee58 wrote:

Hey monman I saw your twitter account. You are one sick puppy monman12

Did you set up a twitter account for monman?

---

No did you?

[putivlada]

Hey monman I saw your twitter account. You are one sick puppy monman12

Did you set up a twitter account for monman?

[raptor_rebooted]

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@paintsew007 wrote:

no, it does not 'exist'

HARBORD COMMUNITY BANK ....does not exist and never has.

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read the Statement again:

http://www.aph.gov.au/~/media/03%20senators%20and%20members/32%20members/register/44p/ab/abbotta_44p...

In previous Statements, I have disclosed individual and joint shareholdings in the following companies:

1 Harbord Community Bank (Community Bank - Harbord Financial Services)

Harbord Community Bank (Community Bank - Harbord Financial Services)

has and does exist.    

http://www.harbordfinancialservices.com.au/about-us.html

[boris1gary]

---

@gleee58 wrote:

Hey monman I saw your twitter account. You are one sick puppy monman12

Did you set up a twitter account for monman?

---

do not look - what has been seen can never be unseen.

[boris1gary]

Hey monman I saw your twitter account. You are one sick puppy monman12

Did you set up a twitter account for monman?

[boris1gary]

a refresher

http://thekouk.com/blog/how-peter-costello-got-rid-of-government-debt.html#.VKJXVV4AJI

How Peter Costello got rid of government debt

I originally produced this research at my old website in 2012.

Given the kerfuffle over asset sales and Treasurer Joe Hockey's flailing with the budget and former Treasurer Peter Costello's suggesting that the government redo the budget, I thought it useful to up the debate on debt, asset sales and the fiscal follies of the Howard government.

There are a few updates from when this was initially published.

==============================

Australia's net Government debt was $96 billion in June 1996. By June 2007, Australia had net financial assets (negative debt) of $29 billion. The Howard Government and the current Liberal Party point to this turn in the finances of the Government with pride and say it is a sign of good economic management.

To be sure, this is a significant turnaround but there are some interesting facts behind the issue of Government debt in the past 30 or so years

The first point to note is that the $96 billion of debt inherited by the Howard Government from the Labor Party in 1996 comprised around $39.9 billion of debt accumulated by the Fraser Government under the Treasury-ship of Mr Howard and left to the Hawke Government in 1983! See Table 3 of Budget Paper 10 for more details.

As I discussed a while back, http://alturl.com/4o973 , when the Coalition talks of the $96 billion of Labor debt that it inherited, recall that just under half of it was in fact Liberal Party debt that was a hangover from the Fraser era that ended in 1983.

That slightly embarrassing issue aside, let's look at how else the Howard Government "got rid" of that debt.

Asset sales loom large in that discussion. The list of government assets sold by the Howard government is here: http://alturl.com/bjhqk . This table shows the asset, the time of sale and the price.

To get an accurate indication of the true dollar impact on debt of those asset sales, I have converted them into June 2007 dollar terms. Take the sale of DASFLEET, for example, which was sold for $408 million in July 1997. In June 2007 terms, this was worth $536.8 million. Or perhaps the first tranche of Telstra is interesting. Sold for $17.2 billion in November 1997, that converts to $22.6 billion in June 2007 terms.

The value of all asset sales under the Howard Government totalled a very hefty $71.8 billion in June 2007 dollar terms. This means that around three-quarters of the pay-down of the $96 billion of government debt was simply from selling assets to the private sector. Nothing more, nothing less.

To summarise the above facts:

The $96 billion "Labor debt" inherited by the Howard Government in 1996 comprised $39.9 billion of Fraser Government debt that carried through the Hawke/Keating period meaning that the true level of Labor debt in 1996 was $56 billion. To pay that $56 billion off, the Howard Government sold almost $72 billion of Government assets meaning the move to negative net debt was not really due to any miraculous and bold fiscal settings, but owed everything to a series of asset sales.

[fourandsixpants]

to julia ref:

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@paintsew007 wrote:

no, it does not 'exist'

HARBORD COMMUNITY BANK ....does not exist and never has.

---

read the Statement again:

http://www.aph.gov.au/~/media/03%20senators%20and%​20members/32%20members/register/44p/ab/abbotta_44...

In previous Statements, I have disclosed individual and joint shareholdings in the following companies:

1 Harbord Community Bank (Community Bank - Harbord Financial Services)

Harbord Community Bank (Community Bank - Harbord Financial Services)

has and does exist.    

http://www.harbordfinancialservices.com.au/about-u​s.html

.........................................................................................................................................................................

kudo i gave is for your attempt to clarify this issue.

However, message recvd when clicking on your link.....states that there is a problem in viewing doc.

Got anything to prove that Harbord Community Bank exists?

[raptor_rebooted]

Got anything to prove that Harbord Community Bank exists?

Harbord Community Bank - Harbord Financial Services

In the late 1990s, banks were withdrawing services from communities across Australia in the pursuit of economic rationalism and greater efficiency. The problem with this strategy is that local communities were being left without the critical economic and financial services needed to keep communities vibrant, and both individuals and businesses struggled to manage financial and banking needs with extended travel and further inconvenience.

With the withdrawal announced in 2000 of the last full branch of a bank operating in Harbord, the community decided to do something about it, and called a public meeting. From this meeting a Steering Group of local people were formed to begin the challenge of raising the profile of an opportunity for a Community Bank® through Bendigo Bank Limited and to gain sufficient financial pledges of support from the community to make it happen. Harbord Financial Services Limited was incorporated and the Steering Committee formed the inaugural Board of Directors to oversee the implementation of the branch.

On June 15th, 2002, Freshwater Community Bank® Branch of Bendigo Bank opened at 20 Albert Street Harbord.

We’re going from strength to strength and now have a viable and strong business at the branch with our franchise partners. Through all our changes, we retain the same corporate values and customer focus as the original intention of a fully integrated community bank.

[raptor_rebooted]

In previous Statements, I have disclosed individual and joint shareholdings in the following companies:

1 Harbord Community Bank (Community Bank - Harbord Financial Services) [jointly owned with spouse]; and

2 General Gold Resources Inc [owned by spouse].

I wish to advise that these shareholdings have been donated to Share Gift Australia and proceeds of sale to benefit Ovarian Cancer Australia.

http://www.aph.gov.au/~/media/03%20senators%20and%20members/32%20members/register/44p/ab/abbotta_44p...

[fourandsixpants]

All very, very....VERY interesting.

.....but Tony Abbott has declared that he has an interest in:

HANBORD COMMUNITY BANK.....which does NOT exist

....and ......Harbord Financial Services has some connection with the Freshwater Community Bank

I'm certainly not confused about Tony Abbott's Registered Interest as being very, very incorrect....dishonest...another  lie?

[fourandsixpants]

http://www.aph.gov.au/Parliamentary_Business/Committees/House_of_Representatives_Committees?url=pmi/...

click on : Abbott, The Hon Tony, Member for Warringah

'open'

'scroll' to TOP OF PAGE 2.