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General Discussion >> Federal Politics >> QANTAS SHARES DOWNGRADED TO JUNK STATUS
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Message started by woody2013 on Dec 6th, 2013 at 11:24am

Title: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by woody2013 on Dec 6th, 2013 at 11:24am
Well there you go

Title: Re: QUANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by dsmithy70 on Dec 6th, 2013 at 11:26am
Q.ueensland A.nd N.orthern T.erriory A.ir S.ervice

;)

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Bam on Dec 6th, 2013 at 11:32am
And on Abbott's watch too.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by woody2013 on Dec 6th, 2013 at 11:34am

Bam wrote on Dec 6th, 2013 at 11:32am:
And on Abbott's watch too.


I thought Joyce was in the driving seat

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Armchair_Politician on Dec 6th, 2013 at 12:40pm

Bam wrote on Dec 6th, 2013 at 11:32am:
And on Abbott's watch too.

Just when I thought you couldn't possibly say something dumber, you manage to lower the bar even further below ground level for yourself.  ::)

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by dsmithy70 on Dec 6th, 2013 at 12:53pm

Armchair_Politician wrote on Dec 6th, 2013 at 12:40pm:

Bam wrote on Dec 6th, 2013 at 11:32am:
And on Abbott's watch too.

Just when I thought you couldn't possibly say something dumber, you manage to lower the bar even further below ground level for yourself.  ::)



Your hardly one to be casting stones on smarts Teaspoon.

And if you'll remember EVERY company closure, merger, staff cut etc was Gillards fault no matter what.

So why is this not Tony's?

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Greens_Win on Dec 6th, 2013 at 1:05pm
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Armchair_Politician on Dec 6th, 2013 at 1:23pm

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Greens_Win on Dec 6th, 2013 at 1:28pm

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Not holding water with your argument. The Greens labor government is being revealed as a fantastic government compared to the adults in charge now.

No wonder conservatism is on borrowed time if these are the adults of conservatism.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by dsmithy70 on Dec 6th, 2013 at 1:30pm

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Exactly what did Swan Wreck?
Not "The Economy" what exactly within the Economy was wrecked.
That we went from surplus to debt?
Would you prefer a surplus with 10% unemployment?

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Armchair_Politician on Dec 6th, 2013 at 1:32pm

____ wrote on Dec 6th, 2013 at 1:28pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Not holding water with your argument. The Greens labor government is being revealed as a fantastic government compared to the adults in charge now.

No wonder conservatism is on borrowed time if these are the adults of conservatism.


Is that why they got annihilated at the September election? I had been wondering why! Oh, you're too funny!!!  ;D ;D ;D ;D ;D ;D

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by GeorgeH on Dec 6th, 2013 at 2:06pm

Armchair_Politician wrote on Dec 6th, 2013 at 1:32pm:

____ wrote on Dec 6th, 2013 at 1:28pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Not holding water with your argument. The Greens labor government is being revealed as a fantastic government compared to the adults in charge now.

No wonder conservatism is on borrowed time if these are the adults of conservatism.


Is that why they got annihilated at the September election? I had been wondering why! Oh, you're too funny!!!  ;D ;D ;D ;D ;D ;D


Let us wait six months and by then it will be clear what a dreadful government we now have. Next unemployment number will have a ‘6’ in front of it, by Jun ’14 I reckon unemployment will have ‘7’ in front of it. The dollar will be rather lower, so inflation is higher and we will have lost more than one ‘AAA’ rating.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by adelcrow on Dec 6th, 2013 at 2:26pm
I bet that if one term tony had been honest with the public and admitted that he was going to destroy the economy once in power there would've been a very different election outcome.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Greens_Win on Dec 6th, 2013 at 2:50pm

Armchair_Politician wrote on Dec 6th, 2013 at 1:32pm:

____ wrote on Dec 6th, 2013 at 1:28pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Not holding water with your argument. The Greens labor government is being revealed as a fantastic government compared to the adults in charge now.

No wonder conservatism is on borrowed time if these are the adults of conservatism.


Is that why they got annihilated at the September election? I had been wondering why! Oh, you're too funny!!!  ;D ;D ;D ;D ;D ;D



They didn't. The tide started to turn against the coalition once people started realising Abbott is an economic illiterate. Remember the polling where it was looking like a landslide and ended up with libs primary only increasing just over 1%

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by longweekend58 on Dec 6th, 2013 at 3:55pm

Dsmithy70 wrote on Dec 6th, 2013 at 12:53pm:

Armchair_Politician wrote on Dec 6th, 2013 at 12:40pm:

Bam wrote on Dec 6th, 2013 at 11:32am:
And on Abbott's watch too.

Just when I thought you couldn't possibly say something dumber, you manage to lower the bar even further below ground level for yourself.  ::)



Your hardly one to be casting stones on smarts Teaspoon.

And if you'll remember EVERY company closure, merger, staff cut etc was Gillards fault no matter what.

So why is this not Tony's?


after 6 years there was at least some logic to it.  Blaming Abbott for qantas' problems after a couple months in power is just stupid.  same with Holden.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by longweekend58 on Dec 6th, 2013 at 4:01pm

Dsmithy70 wrote on Dec 6th, 2013 at 1:30pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Exactly what did Swan Wreck?
Not "The Economy" what exactly within the Economy was wrecked.
That we went from surplus to debt?
Would you prefer a surplus with 10% unemployment?


you assume the two are opposite sides of the same coin.  Costello steered us thru the much more severe Asian Meltdown with no increase in unemployment AND no extra debt.

THAT is skill.  any clown with $300B to spend can avoid a recession. doing it at no cost is true skill.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by dsmithy70 on Dec 6th, 2013 at 6:55pm

longweekend58 wrote on Dec 6th, 2013 at 4:01pm:

Dsmithy70 wrote on Dec 6th, 2013 at 1:30pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Exactly what did Swan Wreck?
Not "The Economy" what exactly within the Economy was wrecked.
That we went from surplus to debt?
Would you prefer a surplus with 10% unemployment?


you assume the two are opposite sides of the same coin.  Costello steered us thru the much more severe Asian Meltdown with no increase in unemployment AND no extra debt.

THAT is skill.  any clown with $300B to spend can avoid a recession. doing it at no cost is true skill.


Lets brush over the fact that each recession brings it own challenges due to how a country is placed at its time & focus on your example.

The Asian economic crisis was  97/98


Quote:
The Asian financial crisis was a period of financial crisis that gripped much of Asia beginning in July 1997, and raised fears of a worldwide economic meltdown due to financial contagion.

By 1999, however, analysts saw signs that the economies of Asia were beginning to recover.[5] After the 1997 Asian Financial Crisis, economies in the region are working toward financial stability on financial supervision.[6]

http://en.wikipedia.org/wiki/1997_Asian_financial_crisis


Costello only took the government benches in 96, so please note that if his responsible for the surpluses so quickly after election then Hockey must be responsible for his budgets(surplus or deficit) in 14/15, 15/16 and blaming Labor must cease.

Or you can acknowledge Keatings ground work and therefore lay the lions share of glory at his feet, and be able to blame Swan/Bowen.
;)

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by bobbythebat1 on Dec 6th, 2013 at 7:06pm
Smithy - your avatar is 5.2  Megabytes in size.

Change it.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by GeorgeH on Dec 6th, 2013 at 7:10pm

longweekend58 wrote on Dec 6th, 2013 at 4:01pm:

Dsmithy70 wrote on Dec 6th, 2013 at 1:30pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Exactly what did Swan Wreck?
Not "The Economy" what exactly within the Economy was wrecked.
That we went from surplus to debt?
Would you prefer a surplus with 10% unemployment?


you assume the two are opposite sides of the same coin.  Costello steered us thru the much more severe Asian Meltdown with no increase in unemployment AND no extra debt.

THAT is skill.  any clown with $300B to spend can avoid a recession. doing it at no cost is true skill.

Costello did nothing and the floating dollar, thanks to Keating, allowed our exporters to find alternate markets and keep going. Asian Meltdown was hardly noticed here!

In a years time when unemployment has an ‘8’ in front of it and the deficit is larger than ever you might begin to see what Rudd & Co saved us from.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by dsmithy70 on Dec 6th, 2013 at 7:22pm

Bobby. wrote on Dec 6th, 2013 at 7:06pm:
Smithy - your avatar is 5.2  Megabytes in size.

Change it.


A) how do you find that out
B) No, I might consider it if you frame your request as one instead of a demand



Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by bobbythebat1 on Dec 6th, 2013 at 7:27pm

Dsmithy70 wrote on Dec 6th, 2013 at 7:22pm:

Bobby. wrote on Dec 6th, 2013 at 7:06pm:
Smithy - your avatar is 5.2  Megabytes in size.

Change it.


A) how do you find that out
B) No, I might consider it if you frame your request as one instead of a demand



I sent you a more polite PM.

You right click on it & show properties
I was wondering why the page took so long to load.


Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by bobbythebat1 on Dec 6th, 2013 at 7:31pm
Airlines are a mugs game.

They cuts costs to the bone in the USA & we copy them.

When flying Buffalo to LA via Chicago -

For dinner:

I got:
2 cracker biscuits,
one tiny piece of cheese that tasted like soap,
& a little plastic glass of chemical tasting orange juice.


Didn't Warren Buffet say? -
If a billionaire wants to be a millionaire he should buy an airline.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by dsmithy70 on Dec 6th, 2013 at 7:36pm
Your welcome

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by bobbythebat1 on Dec 6th, 2013 at 7:36pm

Dsmithy70 wrote on Dec 6th, 2013 at 7:22pm:

Bobby. wrote on Dec 6th, 2013 at 7:06pm:
Smithy - your avatar is 5.2  Megabytes in size.

Change it.


A) how do you find that out
B) No, I might consider it if you frame your request as one instead of a demand



That's better but it's still 242 K in size.

thanks

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by bobbythebat1 on Dec 6th, 2013 at 8:08pm

Bobby. wrote on Dec 6th, 2013 at 7:31pm:
Airlines are a mugs game.

They cuts costs to the bone in the USA & we copy them.

When flying Buffalo to LA via Chicago -

For dinner:

I got:
2 cracker biscuits,
one tiny piece of cheese that tasted like soap,
& a little plastic glass of chemical tasting orange juice.


Didn't Warren Buffet say? -
If a billionaire wants to be a millionaire he should buy an airline.



I forgot to add that aeroplanes are full of counterfeit parts.
That was a way to save money too.

Title: Re: QANTAS SHARES DOWNGRADED TO JUNK STATUS
Post by Andrei.Hicks on Dec 6th, 2013 at 9:34pm

longweekend58 wrote on Dec 6th, 2013 at 4:01pm:

Dsmithy70 wrote on Dec 6th, 2013 at 1:30pm:

Armchair_Politician wrote on Dec 6th, 2013 at 1:23pm:

____ wrote on Dec 6th, 2013 at 1:05pm:
abbott spent the last six years talking down the economy.

reap what you sow.

now the big medium term question, will it be an abbott recession or an abbott depression.


You're right about one thing - Abbott was TALKING about the economy. Swan was the one with the WRECKING BALL!



Exactly what did Swan Wreck?
Not "The Economy" what exactly within the Economy was wrecked.
That we went from surplus to debt?
Would you prefer a surplus with 10% unemployment?


you assume the two are opposite sides of the same coin.  Costello steered us thru the much more severe Asian Meltdown with no increase in unemployment AND no extra debt.

THAT is skill.  any clown with $300B to spend can avoid a recession. doing it at no cost is true skill.


This is true.
It's not difficult to stave off turndown when the prior Government leaves you a war chest and Chiba buys resources.

Australia literally digs sh*t out of the ground and sells it.

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