Low rates due to slowing economy: Howard
AAP – 5 minutes ago..

The Labor government is deluding itself if it believes lower interest rates are a sign they have the economy well in hand, former Liberal leader John Howard says.

In 2004 when Mr Howard was contesting an election as prime minister, he said interest rates would always be lower under a coalition government.

"The context in 2004 was who was better to deliver lower interest rates in a booming economy," Mr Howard told the Australia-Israel Chamber of Commerce on Tuesday.

Then the Reserve Bank of Australia's cash rate was 5.25 per cent compared with 2.50 per cent now.

Mr Howard said rates were lower now because the economy was slowing.

"For anybody to run around between now and election day and say that a cut in interest rates means that the government has got the economy well in hand, they're deluding themselves," Mr Howard said.

"Look at some of the nations of Europe. They have got virtually zero interest rates and their economies are not moving."

Australia boasts a triple-A rating from all three major credit rating agencies. It is one of only eight countries in the world to hold such status.

But Mr Howard pointed out it was former Liberal treasurer Peter Costello who helped Australia restore a triple-A standing.

"A triple-A was not something that came about when Kevin Rudd became prime minister," Mr Howard said.

"What he is saying is we still have a triple-A rating, and I say, despite him."

Mr Howard's government introduced the GST in 2000, an impost which many believe now should be broadened and its rate increased from 10 per cent.

Mr Howard said tax reform was something that needs to be revisited.

"If the Labor party and the Democrats had not punched a hole in the GST that the Australian people voted for in 1998, the financial position of the states that get all of the GST revenue now would be much better than it is," he said.

Quite right too!
Don't you agree Skipp?

Is that the same Howard that said Abbott is an economic illiterate? hang on, maybe that was Costello ...

I suppose it doesn't matter who said it

It is not uncommon for ex PM's to be delusional, Howard however started before leaving office.


Quote:

Mr Howard was contesting an election as prime minister, he said interest rates would always be lower under a coalition government.

Yep that Mr Howard.


Quote:

Mr Howard said tax reform was something that needs to be revisited. "If the Labor party and the Democrats had not punched a hole in the GST that the Australian people voted for in 1998, the financial position of the states that get all of the GST revenue now would be much better than it is," he said.

Yep Delusional alright.

It's quite possible that, if he speaks out more often, the voters will recall what a mistake they made in 2007 and be even more determined not to make the same mistake again.

bogarde73 wrote on Aug 6^th, 2013 at 3:08pm:

It's quite possible that, if he speaks out more often, the voters will recall what a mistake they made in 2007 and be even more determined not to make the same mistake again.

More Likely the people may remember why they had to get rid of the Liberals in 2007.

Quote:

The Labor government is deluding itself if it believes lower interest rates are a sign they have the economy well in hand, former Liberal leader John Howard says.

Is this where Abbott inherited his negativity from???

:)

*

---

John Howard - BEFORE he "enters election debate"




Resilient economy in better shape than most, says Howard
May 15, 2013

http://images.smh.com.au/2013/06/27/4524121/John-Howard-20130627115410419773-620x349.jpg



Former prime minister John Howard gave the economy a big tick before Treasurer Wayne Swan delivered his sixth budget on Tuesday night.

Mr Howard told a mortgage and finance industry convention in Sydney the economy was resilient despite the belief that it was ''running on empty''.

In an off-the-cuff speech on Friday, reported by trade website The Adviser, Mr Howard was upbeat about the economy.

''When the Prime Minister and the Treasurer and others tell you that the Australian economy is doing better than most - they are right'' Mr Howard said.

The low unemployment rate had surprised him, he said.

''We are still fortunate that we have an unemployment rate with a five in front of it. I wouldn't have thought that was going to be possible a few years ago, and I don't think many people would. Our unemployment has remained pleasingly quite low,'' Mr Howard said.

''And our debt to GDP ratio, the amount of money we owe, to the strength of our economy, is still a lot better than most other countries'' he said.

He said Australia's economy was better than the economies of Japan, the US and most European countries.


http://www.smh.com.au/federal-politics/political-news/resilient-economy-in-better-shape-than-most-says-howard-20130514-2jke5.html#ixzz2bAKln3sw

Lobo wrote on Aug 6^th, 2013 at 3:19pm:

Quote: The Labor government is deluding itself if it believes lower interest rates are a sign they have the economy well in hand, former Liberal leader John Howard says. Is this where Abbott inherited his negativity from??? :)

well in this day and age of self funded retirees  I think he has a point..

usually its a sign that things have stalled and this they are hoping will kick start a revival of spending... I seem to remember well after the GFC Americas interest rates went down to 2%....and didnt make one iota of difference...

I think the good old days may be over frog....maybe that isnt a bad thing...it will be tough.. but we have become very complacent.

when we are throwing money at a generation like has been happening..

paid maternity leave to start with and then they whinge about childcare costs.. they want more.... we have to stop that and make them responsible for their own behavior..it isnt the govt job to pay for bloody everything for goodness sakes..

go without.. thats what my generation had to do.stop the waste stop throwing things out because you have worn them twice already.grrr

buzzanddidj wrote on Aug 6^th, 2013 at 4:10pm:

He said Australia's economy was better than the economies of Japan, the US and most European countries.

buzzanddidj wrote on Aug 6^th, 2013 at 4:10pm:

hahaha.. why wouldnt it be   they have stalled and have been since the GFC..we had a mining BOOM remember? The low unemployment rate had surprised him, he said.

yes it does me as well.. thats why I dont believe it..

cods wrote on Aug 6^th, 2013 at 4:18pm:

Lobo wrote on Aug 6th, 2013 at 3:19pm: Quote: The Labor government is deluding itself if it believes lower interest rates are a sign they have the economy well in hand, former Liberal leader John Howard says. Is this where Abbott inherited his negativity from??? :) well in this day and age of self funded retirees  I think he has a point.. usually its a sign that things have stalled and this they are hoping will kick start a revival of spending... I seem to remember well after the GFC Americas interest rates went down to 2%....and didnt make one iota of difference... I think the good old days may be over frog....maybe that isnt a bad thing...it will be tough.. but we have become very complacent. when we are throwing money at a generation like has been happening.. paid maternity leave to start with and then they whinge about childcare costs.. they want more.... we have to stop that and make them responsible for their own behavior..it isnt the govt job to pay for bloody everything for goodness sakes.. go without.. thats what my generation had to do.stop the waste stop throwing things out because you have worn them twice already.grrr

The good old days were over when Howard made pensioners, SFR or not, pay tax via GST.

;)

"For anybody to run around between now and election day and say that a cut in interest rates means that the government has got the economy well in hand, they're deluding themselves," Mr Howard said.
---------------------

This statement is correct.  Interest rate cuts are used to further stimulate the economy.

Another cut does mean that the economy isnt heading in the direct we want, and a cut can aid this.

It doesnt change the fact we do have compared to the rest of the world a much stronger economy.  Another cut though is not an endorsement that the ALP is doing a good job of managing it.
There are a range of factors that influence growth but with the fall in the Aussie dollar our exporters are doing substantially better, so I thought it was laughable Rudd was claiming that another interest rate cut was great for Australian people and their cost of living pressures.

John Howard is a good man freely giving his time and offering advice to a grossly incompetent and deluded Labor party that frankly couldn't be trusted to balance an office petty cash tin.

Perhaps Phil Ruddock could also pitch in and also give his advice on how to stop the boats, seeing as he has already done it once before, and also that the number of economic migrants arriving illegally since Rudd's policy vandalism in 2008, will reach a record 50,000 within a fortnight.

After all, Labor does need all the help they can get.
They are worse than hopeless.

Lobo wrote on Aug 6^th, 2013 at 4:28pm:

cods wrote on Aug 6th, 2013 at 4:18pm: Lobo wrote on Aug 6th, 2013 at 3:19pm: Quote: The Labor government is deluding itself if it believes lower interest rates are a sign they have the economy well in hand, former Liberal leader John Howard says. Is this where Abbott inherited his negativity from??? :) well in this day and age of self funded retirees  I think he has a point.. usually its a sign that things have stalled and this they are hoping will kick start a revival of spending... I seem to remember well after the GFC Americas interest rates went down to 2%....and didnt make one iota of difference... I think the good old days may be over frog....maybe that isnt a bad thing...it will be tough.. but we have become very complacent. when we are throwing money at a generation like has been happening.. paid maternity leave to start with and then they whinge about childcare costs.. they want more.... we have to stop that and make them responsible for their own behavior..it isnt the govt job to pay for bloody everything for goodness sakes.. go without.. thats what my generation had to do.stop the waste stop throwing things out because you have worn them twice already.grrr The good old days were over when Howard made pensioners, SFR or not, pay tax via GST. ;)

he increased the pension as compensation.  FULLY compensated.

In a Communist society that c### Howard would be shot.

corporate_whitey wrote on Aug 6^th, 2013 at 5:26pm:

In a Communist society that c### Howard would be shot.

What's your problem.
Did he cut your dole off?
Didn't you get any of the four income tax cuts that Howard presided over during his terms in office?

corporate_whitey wrote on Aug 6^th, 2013 at 5:26pm:

In a Communist society that c### Howard would be shot.

actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society.

longweekend58 wrote on Aug 6^th, 2013 at 5:33pm:

corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society.

No, wrong again, communism is not capitalism, exploiters and capitalist thieves and organized criminals get shot, not the socialists...

longweekend58 wrote on Aug 6^th, 2013 at 5:33pm:

corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society.

Correct.
The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across.
They would permit him to block his ears with his hands and to shut his eyes though.

cods wrote on Aug 6^th, 2013 at 4:18pm:

Lobo wrote on Aug 6th, 2013 at 3:19pm: Quote: The Labor government is deluding itself if it believes lower interest rates are a sign they have the economy well in hand, former Liberal leader John Howard says. Is this where Abbott inherited his negativity from??? :) well in this day and age of self funded retirees  I think he has a point.. usually its a sign that things have stalled and this they are hoping will kick start a revival of spending.

True, but it's a problem of the lack of freely available credit - foreign credit.

And this is brought on by the high price of the Australian dollar due to the mining boom.

The RBA are keeping rates low in the hope of bringing the dollar down - which, along with foreign interest in the US dollar again, is happening.

Monetary policy is to do with the value of the dollar, inflation/deflation and the availability of credit - NOT the state of the economy as a whole.

The economy is definitely slowing - it's been slowing since the GFC. Now, however, it's the end of the mining boom.

Howard knows this all too well, and is playing the old fear tactic. Remember the threat of an interest rate rise under Latham? That little Liberal campaign porkie covered billboards all over Sydney.

Now Howard wants to pretend high interest rates represent a healthy economy?

Nice try.

chicken_lipsforme wrote on Aug 6^th, 2013 at 5:43pm:

longweekend58 wrote on Aug 6th, 2013 at 5:33pm: corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society. Correct. The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across. They would permit him to block his ears with his hands and to shut his eyes though.

Wrong, in a Communist country I would be the reeducation camp commandant facilitating your moral and work reform and rehabilitation you capitalist grub...

corporate_whitey wrote on Aug 6^th, 2013 at 5:52pm:

chicken_lipsforme wrote on Aug 6th, 2013 at 5:43pm: longweekend58 wrote on Aug 6th, 2013 at 5:33pm: corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society. Correct. The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across. They would permit him to block his ears with his hands and to shut his eyes though. Wrong, in a Communist country I would be the reeducation camp commandant facilitating your moral and work reform and rehabilitation you capitalist grub...

I agree, Whitey. He needs to learn the work ethic in the new society.

Karnal wrote on Aug 6^th, 2013 at 5:55pm:

corporate_whitey wrote on Aug 6th, 2013 at 5:52pm: chicken_lipsforme wrote on Aug 6th, 2013 at 5:43pm: longweekend58 wrote on Aug 6th, 2013 at 5:33pm: corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society. Correct. The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across. They would permit him to block his ears with his hands and to shut his eyes though. Wrong, in a Communist country I would be the reeducation camp commandant facilitating your moral and work reform and rehabilitation you capitalist grub... I agree, Whitey. He needs to learn the work ethic in the new society.

and it aint the ethic of private profit and exploitation. capitalists don't get it, for some unknown reason they all imagine a communist country would agree with them only punish the people they exploit and steal from harder...wrong...

The age of private property and profit is over....

corporate_whitey wrote on Aug 6^th, 2013 at 5:52pm:

chicken_lipsforme wrote on Aug 6th, 2013 at 5:43pm: longweekend58 wrote on Aug 6th, 2013 at 5:33pm: corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society. Correct. The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across. They would permit him to block his ears with his hands and to shut his eyes though. Wrong, in a Communist country I would be the reeducation camp commandant facilitating your moral and work reform and rehabilitation you capitalist grub...

Your only upset with Howard because GMH tore up your employment contract in 2005 as a highly paid crash test dummy.
It's time to let it go whitey.
Do you still have the white coveralls and helmet?

chicken_lipsforme wrote on Aug 6^th, 2013 at 6:02pm:

corporate_whitey wrote on Aug 6th, 2013 at 5:52pm: chicken_lipsforme wrote on Aug 6th, 2013 at 5:43pm: longweekend58 wrote on Aug 6th, 2013 at 5:33pm: corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society. Correct. The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across. They would permit him to block his ears with his hands and to shut his eyes though. Wrong, in a Communist country I would be the reeducation camp commandant facilitating your moral and work reform and rehabilitation you capitalist grub... Your only upset with Howard because GMH tore up your employment contract in 2005 as a highly paid crash test dummy. It's time to let it go whitey. Do you still have the white coveralls and helmet?

Look at the scoreboard, capitalism has failed, Communism is triumphant in China...you better get focused on that big Australia if you want to "Compete" morans...Rotflmao...

It is not hard for one to do a bit of good. What is hard is to do good all one's life and never do anything bad, to act consistently in the interests of the broad masses, the young people and the revolution, and to engage in arduous struggle for decades on end. That is the hardest thing of all!
Quotations from Mao Tse Tung

Government in Western capitalist society are all too often insidiously corrupt and negligent of the welfare of society and law and order...

corporate_whitey wrote on Aug 6^th, 2013 at 6:06pm:

chicken_lipsforme wrote on Aug 6th, 2013 at 6:02pm: corporate_whitey wrote on Aug 6th, 2013 at 5:52pm: chicken_lipsforme wrote on Aug 6th, 2013 at 5:43pm: longweekend58 wrote on Aug 6th, 2013 at 5:33pm: corporate_whitey wrote on Aug 6th, 2013 at 5:26pm: In a Communist society that c### Howard would be shot. actually YOU would be the first to go.  Completely insane and bloated, you have no value to a society. Correct. The Soviets would have him clearing active minefields by having him furiously tapping his feet whilst walking across. They would permit him to block his ears with his hands and to shut his eyes though. Wrong, in a Communist country I would be the reeducation camp commandant facilitating your moral and work reform and rehabilitation you capitalist grub... Your only upset with Howard because GMH tore up your employment contract in 2005 as a highly paid crash test dummy. It's time to let it go whitey. Do you still have the white coveralls and helmet? Look at the scoreboard, capitalism has failed, Communism is triumphant in China...you better get focused on that big Australia if you want to "Compete" morans...Rotflmao...

Well then, you better take up your democratic right and relocate there right away.
You wouldn't want to miss out now.

Er, no, its capitalism thats moving on, the masses will still be here though...go world Communism...we do need Australian students going to study in China though....

I find it incredible these capitalist thieves think that they would do great in a Communist system doing all the usual fraud, exploitation, stealing, lying and property theft...I mean get a grip and face reality, in a Communist society you are a criminal in the salt mines and I am the camp commandant...

Mr Howard has a vested interest in trying to get Mr Abbott up in the federal election. A win for Abbott could mean that Howard eventually would not be Australia's worst ever PM.

Dnarever wrote on Aug 6^th, 2013 at 7:30pm:

Mr Howard has a vested interest in trying to get Mr Abbott up in the federal election. A win for Abbott could mean that Howard eventually would not be Australia's worst ever PM.

Howard won four federal elections.
Quite impossible if he was Australia's worst PM.
Go on.
Say something else stupid.
I know you can.

Of course John Howard has got it right.

The Reserve Bank is reducing interest rates again because the economy is f.....d!

Spending has reached new lows, there is a lethargy attached to this Country now that is quite strange.

It is as if we are in the stands watching KRudd and his wrecking ball f....k Australia over from a great height.

I pray that the Liberals will be up to the mammoth task of rebuilding after this economic vandal RUDD is kicked out of office.

corporate_whitey wrote on Aug 6^th, 2013 at 6:21pm:

Er, no, its capitalism thats moving on, the masses will still be here though...go world Communism...we do need Australian students going to study in China though....

Whitey, a number of people are saying that the best person to lead the vanguard of the proletariat and take us through the socialist phase to full communism is Matty.

Thoughts?

red baron wrote on Aug 6^th, 2013 at 7:54pm:

Of course John Howard has got it right. The Reserve Bank is reducing interest rates again because the economy is f.....d! Spending has reached new lows, there is a lethargy attached to this Country now that is quite strange. It is as if we are in the stands watching KRudd and his wrecking ball f....k Australia over from a great height. I pray that the Liberals will be up to the mammoth task of rebuilding after this economic vandal RUDD is kicked out of office.

Yes Red, and when the Liberal government is running for re-election in 3 year’s time and the economy is still heading south, you’ll be saying how great life is under the Libs.

I guarantee it.

This has to be the stupidest thing I've ever heard.  "when I was pm we were doing so well the reserve bank cut interest rates.  Now, the economy is doing so bad the reserve bank is cutting interest rates."

How can anyone with a brain think this is a sensible argument?

Only Mr Abbott can STOP THE BOATS.

I'd be okay with Howard's statements if he came out and admitted he was wrong in 2004.  But in true Howard form what we have is a nonsensical smokescreen argument. 

Karnal wrote on Aug 6^th, 2013 at 8:53pm:

Only Mr Abbott can STOP THE BOATS.

And deliver economic prosperity to this nation through cutting taxes and increasing spending, and in doing so ENDING THE WASTE and bringing the budget back to surplus.

Well, the RBA has lowered the cash rate to a record OZ low, so  everyone should now feel good & ready to go, RIGHT?

Wrong!

As John Howard points out, the rates in Europe are already effectively at ZERO and their economies are not moving & nor are Japan & the USA, who are in the same boat!

In fact, the reality of interest rates is that Governments & Central Banks use them to "influence" the Economy, by raising rates to slow Demand & lowering them to increase Demand.

However, there are situations where Governments & CB's are in CONTROL, where they are in relative control & some where they have
no control
over events at all.

The current event is the latter of the above situations & that will not alter, whether Labor or Liberal win the upcoming election!

red baron wrote on Aug 6^th, 2013 at 7:54pm:

Of course John Howard has got it right. The Reserve Bank is reducing interest rates again because the economy is f.....d! Spending has reached new lows, there is a lethargy attached to this Country now that is quite strange. It is as if we are in the stands watching KRudd and his wrecking ball f....k Australia over from a great height. I pray that the Liberals will be up to the mammoth task of rebuilding after this economic vandal RUDD is kicked out of office.

The Reserve Bank is reducing interest rates again because the economy is f.....d!

That is the reason they always cut interest rates ???

Remember the statement that "interest rates will always be lower under a coalition government" (John Howard), you were all very proud of that one. Ho Ho Ho.

Own Goal anyone.

perceptions_now wrote on Aug 6^th, 2013 at 9:07pm:

Well, the RBA has lowered the cash rate to a record OZ low, so  everyone should now feel good & ready to go, RIGHT? Wrong! As John Howard points out, the rates in Europe are already effectively at ZERO and their economies are not moving & nor are Japan & the USA, who are in the same boat! In fact, the reality of interest rates is that Governments & Central Banks use them to "influence" the Economy, by raising rates to slow Demand & lowering them to increase Demand. However, there are situations where Governments & CB's are in CONTROL, where they are in relative control & some where they have no control over events at all. The current event is the latter of the above situations & that will not alter, whether Labor or Liberal win the upcoming election!

Under what circumstance would you suggest the government has done a great job, where economy is booming and interest rates are 2.5%?

Dnarever wrote on Aug 6^th, 2013 at 9:10pm:

red baron wrote on Aug 6th, 2013 at 7:54pm: Of course John Howard has got it right. The Reserve Bank is reducing interest rates again because the economy is f.....d! Spending has reached new lows, there is a lethargy attached to this Country now that is quite strange. It is as if we are in the stands watching KRudd and his wrecking ball f....k Australia over from a great height. I pray that the Liberals will be up to the mammoth task of rebuilding after this economic vandal RUDD is kicked out of office. The Reserve Bank is reducing interest rates again because the economy is f.....d! That is the reason they always cut interest rates ??? Remember the statement that "interest rates will always be lower under a coalition government" (John Howard), you were all very proud of that one. Ho Ho Ho. Own Goal anyone.

Exactly.

Howard is correct in his statement but what's so very wrong is how he changes his argument to suit and expects us all to forget his previous nonsense.  He has proven himself anything other than an expert in the field.  If he says SORRY for his 2004 nonsense then perhaps he would gain some credibility.

Karnal wrote on Aug 6^th, 2013 at 8:33pm:

corporate_whitey wrote on Aug 6th, 2013 at 6:21pm: Er, no, its capitalism thats moving on, the masses will still be here though...go world Communism...we do need Australian students going to study in China though.... Whitey, a number of people are saying that the best person to lead the vanguard of the proletariat and take us through the socialist phase to full communism is Matty. Thoughts?

The masses are in reality their own leaders, a true communist leader knows this, that true politics and power begins and ends with them...perhaps matty has potential... 8-)

bogarde73 wrote on Aug 6^th, 2013 at 3:08pm:

It's quite possible that, if he speaks out more often, the voters will recall what a mistake they made in 2007 and be even more determined not to make the same mistake again.

More likely they will remember No GST never ever, the fake children overboard saga, "Iraq has WMDs", and his Workchoices.

LIbEralS = LIES

sir prince duke alevine wrote on Aug 6^th, 2013 at 9:17pm:

perceptions_now wrote on Aug 6th, 2013 at 9:07pm: Well, the RBA has lowered the cash rate to a record OZ low, so  everyone should now feel good & ready to go, RIGHT? Wrong! As John Howard points out, the rates in Europe are already effectively at ZERO and their economies are not moving & nor are Japan & the USA, who are in the same boat! In fact, the reality of interest rates is that Governments & Central Banks use them to "influence" the Economy, by raising rates to slow Demand & lowering them to increase Demand. However, there are situations where Governments & CB's are in CONTROL, where they are in relative control & some where they have no control over events at all. The current event is the latter of the above situations & that will not alter, whether Labor or Liberal win the upcoming election! Under what circumstance would you suggest the government has done a great job, where economy is booming and interest rates are 2.5%?

Well, I could say, WHEN IS THAT GOING TO HAPPEN?

But, THE TRUTH IS, THAT ISN'T GOING TO HAPPEN!

corporate_whitey wrote on Aug 6^th, 2013 at 10:37pm:

Karnal wrote on Aug 6th, 2013 at 8:33pm: corporate_whitey wrote on Aug 6th, 2013 at 6:21pm: Er, no, its capitalism thats moving on, the masses will still be here though...go world Communism...we do need Australian students going to study in China though.... Whitey, a number of people are saying that the best person to lead the vanguard of the proletariat and take us through the socialist phase to full communism is Matty. Thoughts? The masses are in reality their own leaders, a true communist leader knows this, that true politics and power begins and ends with them...perhaps matty has potential... 8-)

I think he does, Whitey. So do many members of this board. We believe that Matty is the best person to take over the means of production, steer the economy and lead a dictatorship of the proletariat.

Matty definately has potential. He once studied medical science at uni.

Karnal wrote on Aug 7^th, 2013 at 12:11am:

corporate_whitey wrote on Aug 6th, 2013 at 10:37pm: Karnal wrote on Aug 6th, 2013 at 8:33pm: corporate_whitey wrote on Aug 6th, 2013 at 6:21pm: Er, no, its capitalism thats moving on, the masses will still be here though...go world Communism...we do need Australian students going to study in China though.... Whitey, a number of people are saying that the best person to lead the vanguard of the proletariat and take us through the socialist phase to full communism is Matty. Thoughts? The masses are in reality their own leaders, a true communist leader knows this, that true politics and power begins and ends with them...perhaps matty has potential... 8-) I think he does, Whitey. So do many members of this board. We believe that Matty is the best person to take over the means of production, steer the economy and lead a dictatorship of the proletariat. Matty definately has potential. He once studied medical science at uni.

Yes, but has he worked on the factory floor which is an even greater qualification for leadership...has he stood at the front lines of the pickets in the class war, has he stared the capitalist beast and spat in its eye...Matty is young, he needs to go out fruit picking for peanuts, serve as a communist organizer...