Diary of our stinking Govt.

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.Woman Happy

 

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.

 

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Diary of our stinking Govt.


@am*3 wrote:

What a pickle! Abbott shouldn't have promised an open tender (not in the policy)  just to try get himself of the hook re leadership issue and the Minister of Defence should know what he is talking about...

I don't think Labor had any input into the above!

 

All on day 1 of Good Government...  Read my bubbles, indeed.

Falling Off Chair Laughing


In question time the relic speaker welcomed all the guests with the exception of those in hi vis clothes who might be ship or sub builders.

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I noticed that today too KJ, disgusting really

 

here's a new ABC fact check with disproves what Pyne said in Parliament today about Labor pulling money out of education

 

 

  • The claim: Christopher Pyne says Labor stripped $6.6 billion from higher education funding.
  • The verdict: Of the $6.6 billion in Mr Pyne's table, at least $2.3 billion relates to measures that have not been implemented. Almost two thirds relates to funding for students, not universities and the $6.6 billion also takes into account forward estimates for the years to 2016-17, which does not fall into "the course of [Labor's] government". Mr Pyne is incorrect.

 

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Diary of our stinking Govt.

pyne 2.png

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High dungeon (  coming soon )  Smiley LOLRobot Very Happy

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here;s another interesting one from June last year.

 

that old billion dollar a month chestnut

 

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

 

  • The claim: Treasurer Joe Hockey says the Government is paying one billion dollars every month in interest on the debt that Labor left.
  • The verdict: Using either gross debt or net debt as a measure, Mr Hockey's claim is exaggerated.
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Before the internet if a politician made wild claims about how much the previous Govt cut from this dept or that etc.. the public really wouldn't know how accurate that is.  Now we (the general public) have online access to a lot of that stuff, including past news articles. You wouldn't think Ministers like Pyne would still keep trying to deceive people (public/voters) with incorrect information.

 

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abbott subs.jpg

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"here;s another interesting one from June last year.

that old billion dollar a month chestnut"

 

Jun 2014

The verdict

With $329 billion worth of Commonwealth securities currently on issue, the annual gross interest cost is $12.4 billion. So "at the moment", the monthly interest bill on gross debt is over $1 billion.

Seventy-five per cent of the current gross debt accrued during Labor's time in government. Deficits that accrue during the term of a particular government are not necessarily attributable only to the actions of that government.

When Labor came to power in 2007 there was zero net debt. If net debt is used as a measure, the average monthly interest payment over the four years of the forward estimates is $953 million, but "at the moment" monthly interest payments on net debt are $877 million.

Using either gross debt or net debt, Mr Hockey's claim that at the moment Australia is paying a billion dollars every month in interest on the debt that Labor left is exaggerated.

 

Excerpts:

"When Labor came to power in 2007 there was zero net debt."

"If net debt is used as a measure, the average monthly interest payment over the four years of the forward estimates is $953 million.,

Using net interest payment forecasts set out in the forward estimates in the most recent budget, Australia's average interest burden is forecast to be about $953 million a month until June 2017.

 

Oh gosh a politician exaggerating, and to the point of inflating net debt from $953 million to $1000 million

 

When you are assessing your financial position D9275, do you rely on a net, or gross final figure? Did you ever see a dollar of the promised and promised and promised and  promised Swan Budget Surplus (net or gross) ?

 

 

 

 

Myopic Tongues2 Small.jpg

 

Sorry about the Circus history bit A3.

 

 

 

 

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If net debt is used as a measure, the average monthly interest payment over the four years of the forward estimates is $953 million, but "at the moment" monthly interest payments on net debt are $877 million.

 

Using either gross debt or net debt, Mr Hockey's claim that at the moment Australia is paying a billion dollars every month in interest on the debt that Labor left is exaggerated.

 

How did Wayne Swan mess up.... the answer is in 3 letters   GFC  ( as can be seen on the chart in the article)

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