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greggerypeccary

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Re: cash limit
Reply #60 - Aug 7^th, 2019 at 10:50am

Bam wrote on Aug 7^th, 2019 at 10:40am:

greggerypeccary wrote on Aug 7^th, 2019 at 10:12am:

We need Paul Keating back in The Lodge.

Paul Keating should never have left politics. He would wipe the floor with the current mob in government.

Thanks to the reforms he introduced as Treasurer, he has had more influence over Australia's economy in the past 25 years than any other single politician. If his reforms were allowed to be implemented in full - particularly 15% compulsory superannuation - our country would be in much better shape now.

We're currently suffering economically due to 20 years of conservative stagnation.

Right on!

I saw Paul on TV last night, and he's still streaks ahead of the current crop of wannabe politicians.

A true visionary, statesman, and gentleman.

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juliar Gold Member Offline Australian Politics Posts: 22966	Re: cash limit Reply #61 - Aug 7^th, 2019 at 10:54am Gweggy is back trotting out the Labor slogans of 50 years ago.
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greggerypeccary

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Re: cash limit
Reply #62 - Aug 7^th, 2019 at 10:56am

rhino wrote on Aug 7^th, 2019 at 10:36am:

greggerypeccary wrote on Aug 7^th, 2019 at 10:12am:

Bobby. wrote on Aug 7^th, 2019 at 10:07am:

greggerypeccary wrote on Aug 7^th, 2019 at 9:48am:

Bobby. wrote on Aug 7^th, 2019 at 6:31am:

rhino wrote on Aug 6^th, 2019 at 10:12pm:

Bobby. wrote on Aug 6^th, 2019 at 10:09pm:

rhino wrote on Aug 6^th, 2019 at 10:07pm:

Criminals will just utilise other methods to trade. This will also drive the use of virtual currencies like bitcoin and increase drug trafficking as a result.

The criminals will always find a way.

You will never stop black marketing. The government wants control over every cent we spend so they can tax it. f em.

Our Govt. is desperate.
Every day we go into more and more debt -
measured in $billions.

National Govt. debt is now $710 billion.

Total Australian debt $7.2 trillion.

https://australiandebtclock.com.au/

That's what happens when you put a happy clapping clown in charge of the country.

https://theaimn.com/wp-content/uploads/2019/04/Morrison-e1555989508493.jpeg

It started under Labor but the Libbos
tripled it - nearly quadrupled it!

If they tried to pay off say $100 billion
per year to pay it off in 7 years it
would collapse our economy.

It will be $1 trillion soon.
There is no answer.

We need Paul Keating back in The Lodge.

The Labor party has lost its way. Shorten should have been the canary in the coal mine. They need to seriously reexamine their core policies and stop trying to claim the middle ground.

Absolutely.

They need to learn from Shorten's failure but, unfortunately, the Labor Party aren't that smart.

I suspect they'll stuff up the next election too.

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juliar Gold Member Offline Australian Politics Posts: 22966	Re: cash limit Reply #63 - Aug 7^th, 2019 at 11:19am Gweggy is back when Whitlam was king before he got shunted by the GG.
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Bobby. Gold Member Online Australian Politics Posts: 121261 Melbourne Gender:	Re: cash limit Reply #64 - Aug 7^th, 2019 at 12:38pm Greggy, during the recent Federal election Govt. debt was a forbidden topic - neither party nor Keating have the slightest clue what to do. Every promise they made was to use borrowed money.
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greggerypeccary Gold Member Offline Australian Politics Posts: 154823 Gender:	Re: cash limit Reply #65 - Aug 7^th, 2019 at 12:44pm Bobby. wrote on Aug 7^th, 2019 at 12:38pm: Greggy, during the recent Federal election Govt. debt was a forbidden topic - neither party nor Keating have the slightest clue what to do. Every promise they made was to use borrowed money. You underestimate Mr Keating.
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Bobby.

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Re: cash limit
Reply #66 - Aug 7^th, 2019 at 12:47pm

greggerypeccary wrote on Aug 7^th, 2019 at 12:44pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

You underestimate Mr Keating.

Keating hasn't said a word about
how to fix the debt problem.

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greggerypeccary

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Re: cash limit
Reply #67 - Aug 7^th, 2019 at 12:53pm

Bobby. wrote on Aug 7^th, 2019 at 12:47pm:

greggerypeccary wrote on Aug 7^th, 2019 at 12:44pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

You underestimate Mr Keating.

Keating hasn't said a word about
how to fix the debt problem.

Are you sure there's a problem?

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rhino

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Re: cash limit
Reply #68 - Aug 7^th, 2019 at 12:54pm

Bobby. wrote on Aug 7^th, 2019 at 12:47pm:

greggerypeccary wrote on Aug 7^th, 2019 at 12:44pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

You underestimate Mr Keating.

Keating hasn't said a word about
how to fix the debt problem.

Perhaps, but he has a rocket science IQ as regards the economy, the current and previous mob have been dolts in comparison.

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Bobby.

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Re: cash limit
Reply #69 - Aug 7^th, 2019 at 2:39pm

rhino wrote on Aug 7^th, 2019 at 12:54pm:

Bobby. wrote on Aug 7^th, 2019 at 12:47pm:

greggerypeccary wrote on Aug 7^th, 2019 at 12:44pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

You underestimate Mr Keating.

Keating hasn't said a word about
how to fix the debt problem.

Perhaps, but he has a rocket science IQ as regards the economy, the current and previous mob have been dolts in comparison.

The formula is simple - if we try to pay
it back the economy collapses and
prevents us from doing so.
We can only ever go into more
and more debt.
How the hell did we get into this situation?

All the politicians pretend it's not happening
but it's the elephant in the room.

Without borrowing we would have not
enough money to pay social security
and the gigantic army of public servants.

In Victoria 380,000 people got jobs
in the last year and 300,000
are public servants.

We borrow money to create fake jobs.

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chimera Gold Member Offline Australian Politics Posts: 15451 Armidale Gender:	Re: cash limit Reply #70 - Aug 7^th, 2019 at 3:15pm "The only people opposed to this would be those who have something to hide." no ! no! Convicts stopped coming years ago. They're extinct . The Rum Corps and Chinese Opium Contractors are all gone. Nothing to see here.
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greggerypeccary

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Re: cash limit
Reply #71 - Aug 7^th, 2019 at 3:55pm

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

It's a forbidden topic because it unnecessarily scares the public.

Australia’s government debt as a percentage of GDP is around 41%.

That's less than half the level of most major industrialised economies such as Japan (236%), Britain (86%), Germany (60%), the US (108%), Canada (86%) and France (96%).

I wouldn't lose sleep over it, Bobby Sox.

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Bobby.

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Re: cash limit
Reply #72 - Aug 7^th, 2019 at 4:06pm

greggerypeccary wrote on Aug 7^th, 2019 at 3:55pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

It's a forbidden topic because it unnecessarily scares the public.

Australia’s government debt as a percentage of GDP is around 41%.

That's less than half the level of most major industrialised economies such as Japan (236%), Britain (86%), Germany (60%), the US (108%), Canada (86%) and France (96%).

I wouldn't lose sleep over it, Bobby.

We should all be losing sleep over it.
Our GDP is high because it's based on borrowed money & fake jobs.
Where does this debt end?

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greggerypeccary

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Re: cash limit
Reply #73 - Aug 7^th, 2019 at 4:08pm

Bobby. wrote on Aug 7^th, 2019 at 4:06pm:

greggerypeccary wrote on Aug 7^th, 2019 at 3:55pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

It's a forbidden topic because it unnecessarily scares the public.

Australia’s government debt as a percentage of GDP is around 41%.

That's less than half the level of most major industrialised economies such as Japan (236%), Britain (86%), Germany (60%), the US (108%), Canada (86%) and France (96%).

I wouldn't lose sleep over it, Bobby.

We should all be losing sleep over it.

Not this little black duck Wink

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Bobby.

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Re: cash limit
Reply #74 - Aug 7^th, 2019 at 4:14pm

greggerypeccary wrote on Aug 7^th, 2019 at 4:08pm:

Bobby. wrote on Aug 7^th, 2019 at 4:06pm:

greggerypeccary wrote on Aug 7^th, 2019 at 3:55pm:

Bobby. wrote on Aug 7^th, 2019 at 12:38pm:

Greggy,
during the recent Federal election Govt. debt was
a forbidden topic - neither party nor Keating
have the slightest clue what to do.
Every promise they made was to use borrowed money.

It's a forbidden topic because it unnecessarily scares the public.

Australia’s government debt as a percentage of GDP is around 41%.

That's less than half the level of most major industrialised economies such as Japan (236%), Britain (86%), Germany (60%), the US (108%), Canada (86%) and France (96%).

I wouldn't lose sleep over it, Bobby.

We should all be losing sleep over it.

Not this little black duck Wink

Greggy,
You're just another sheep like most people.
It's actually a very serious problem and
there is no solution in sight.
The idiots who were running this country should be in jail -
the ones who got us into this financial mess.

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