on โ22-04-2013 12:48 PM
on โ22-04-2013 01:19 PM
The way you're posting, I was thinking you might be going through your mid-life one, Donna.
on โ22-04-2013 01:20 PM
How/why did we get the AAA rating if it's all so bad?
Why do economists keep repeating how well Australia is managing, if they're not?
You can believe what your told and I will believe what I see.
on โ22-04-2013 01:20 PM
on โ22-04-2013 01:24 PM
Australia does fantastically well, the only problem is that those who benefit are less in number than those who don't. after sept 14 this will all change, the difference will become wider.
a lot of disapointed people on the horizon.
on โ22-04-2013 01:31 PM
Dear oh dear, Freaki donโt you realize that the AAA just facilitates additional frivolous spending?
The money lenders know that Swanny is the right goose to give a gigantic credit card to he is so gullible and spends like it is going out of fashion
on โ22-04-2013 01:36 PM
Sounds like you've given up the election to the dark side already Lakeland ... ๐ ...
Anyways, crisis is a much-overused word, maybe more applicable in this context to Cyprus, Spain, Greece, Ireland, most of Africa, most of South America, USA (although I believe they prefer the term "fiscal cliff") and many others. The use of such extreme wording is typical of Mr Pyne, most of the Liberal Party, and by consequence, many of the posters here who accept Mr Pyne's statements as gospel.
"We're all doomed, doomed I say !" (Apologies to Pte Frazer, Dad's Army)
on โ22-04-2013 01:41 PM
on โ22-04-2013 01:42 PM
Well my question is what would the opposition do differently? I think they would have probably made similar decisions anyway. They seem to have no clear policy on the matter and the scary thing is that both parties really haven't got many policies that distinguish them from one another.
on โ22-04-2013 01:44 PM
Freakie
The USA still had a AAA rating as recently as February dispute having a huge debt to China
the AAA rating http://www.usatoday.com/story/money/business/2013/02/27/fitch-aaa-debt-rating/1951585/
the Debt http://www.forbes.com/sites/kenrapoza/2013/01/23/is-chinas-ownership-of-u-s-debt-a-national-security-threat/
concerns about the slowing mining boom and an interesting read http://www.abc.net.au/news/2013-03-29/fitch-reaffirms-australias-aaa-rating/4601344
on โ22-04-2013 01:44 PM
I'm going to guess that it doesn't really matter what the word means to me, cos if Julia doesn't like it, she will just get the definition changed anyway...
Apparently we had an insurance crisis..... Yeah, right... but it did pave the way for an increase in costs to the consumer whilst delivering a decrease in coverage/ benefits.
Sometimes I wonder if they tell us that we're having a crisis in the hope that eventually we will believe it, so that any measures they take to increase our taxes fix the crisis, we will just be gullible enough to believe and accept whatever it is that is introduced.
Not sure, but it worked for the Nazi Party - the people were fed a whole heap of propaganda, they believed it and followed along like puppy dogs, without questioning the morality of what their loyalty facilitated.
Who was it who said something like "it was the recession that we had to have"?