resources sector seems a little more up-beat today.

__________________

Long live the WRC

Just closed the book as in cancelled one reasonably large iron ore project expansion I was about to recruit people for..any guesses why? Board members voted the investment down and put on the burner until after the election.

__________________
Funny looking German Subaru

[QUOTE=Smokey;457963]I agree with that also, but I don't see anything smart coming from Abbott. At least Rudd is doing something.

The Libs are called the Opposition for a reason, they are not the Support.

If they did not question Rudd's rediculous policies this country would be proper f*cked.

__________________
"sorry we all can't spell prefect english like you's .."

Debt isnt a problem. It is calculated debt and we are in the strongest position compared to other countries.

Government spends money. Australian earn money. Australian gets taxed and spend the left over money. Next Australian earn money. This Australian gets taxed and spend the left over money.

Everyone keeps their job, government recoops most of the money. Healthy economy encourages overseas investment. (more than a small rise in tax for wealthy companies will discourage it!)

If everyone lost their job, the government would be getting less tax back and would spend more on welfare. They would have even less money to spend!

The only way libs reduce the deficit is to sell long term profit making assets for a quick buck! If we had some of that money coming in still, we could probably survive with out any super profit taxes!

I find it difficult to swallow that anyone thinks Australians economy is up shit creek atm!!!

__________________
[S]kid[S]

And if Rudd didnt spend all that money, it probably would never have got that far :P

Anyway im off home now, but I would be very interested in a decent 3rd party to vote for. How about PWRX party?

__________________
[S]kid[S]

Debt isn't a problem ?????

http://www.youtube.com/watch?v=mrNC0...eature=related Short Version

http://www.youtube.com/watch?v=eb1n1X0Oqdw Long Version

In the end - as I have suggested many times before preferential voting leads to two party politics with the same vein. The inevitable consequences of our continuing government spending will all be too apparent way too soon.

Stimulus isn't "growth" it's "debt".

I've joked many a time about "hyperinflation" and what it means but most don't understand. So some small examples. I have some stamps from pre war Germany - one is 5 Marks overprinted crudely as 20,000 Marks. When I went to Zimbabwe in 2006 the official rate of exchange was 1 USD to 250 ZIM. Black market rate in the month we were there would give me, at the start 600 ZIM. A month later - 1500 ZIM. A bottle of "cane spirit" was about 500 ZIM.

I have a 500 Billion ZIM note in my possession now. I gave away 5 Billion ZIM to a mate.

Hyperinflation is all to real.

__________________
[COLOR=Black]Liberty GT Spec B tuned 240 HP & 372 Nm at the hubs.[/COLOR] "Instead of banning high performance cars - ban low performance drivers"

Jesus Christ, can you believe this guy can VOTE and BREED?

Mate I'm not going to flame you here, the term 'falling on deaf ears' springs to mind, but lets just say I hope you don't do your own tax return!

__________________
"sorry we all can't spell prefect english like you's .."

Why am I not surprised Dave

__________________
[COLOR=Black]Liberty GT Spec B tuned 240 HP & 372 Nm at the hubs.[/COLOR] "Instead of banning high performance cars - ban low performance drivers"

indirectly related, china's booming, for how long?

__________________

Long live the WRC

Thats a bit rich mate. If you cant have a difference of opinion without resorting to personal attacks... fuck off? At the end of the day all our fates are the same and hopefully the tards who govern us get some of it right. I happen to think Labor is the best choice of a bad bunch, which is generally the only choice we get to make with this structure.

Also we have interest rates to control inflation.

__________________
[S]kid[S]