Australia donates $7billion to help Europe bailout

When is someone, including the media going to take this mongrel Labor Government and this four eyed freak to task by explaining that the Australian tax payers pockets are not bottomless pits.

These parasites are talking about raising the pension age and overhauling the welfare because Australia is running out of money, and here they are just chucking away $7billion helping out foreigners who have never contributed one cent to Australia; like it was spare change.

Australia is borrowing $100million per day to keep its head afloat, and these mongrels are just squandering “our” money helping strangers so they can look good; but in the meantime, we have 300,000 Australian individuals and families who are homeless.

We need to take back our country, and kick these mongrels out before they have us all living in tents.


http://bigpondnews.com/articles/Fin..._contribution_to_IMF_small_-_Swan_742373.html

 

We have the lowest public debt in the developed world.

Stop being a panic merchant.

 

While you tucked up safe and warm in bed this winter, maybe you could tell this to the 300,000 Australians who won't be!!

Explain to them why you think its better for Australian politicians to give $7billion of our money to help strangers over using that money to put a roof over their heads or food in their bellies.

When was the last time you borrowed money from a bank and then gave a portion of that money to a stranger in the street? My guess would be never, but you think its okay for politicians to be doing it, just because it will never directly effect YOU. Have you ever spared one single thought on how these stupid decisions that politicians make directly effect the poor members of our society?

How the hell, can you morally or ethically justify giving foreign BANKS (of all institutions) $7billion of Australian tax payer money?

 

Hey culldav

Maybe this is where its coming from, slash from Aussies to give to foriegners under false pretenses.

http://www.businessweek.com/news/20...-8-billion-to-meet-budget-surplus-pledge.html

http://www.politicalforum.com/austr...billion-australian-tax-payer-dollars-imf.html

 

D&D, there is not a doubt in my head that these idiotic politicians have and will slash Australian jobs and Australia welfare to give to foreign strangers.

If anyone told a psychologist or psychiatrist they were behaving the way politicians behave in this regard, they would be put on medication for having a mental illness.

I’m simply at a loss as to why Australians are allowing these cretins to throw this kind of money away when this country is falling behind the rest of the world in so many ways.

It just always come back to why Indians and people form others countries are now being educated and trained that Australians are dumb and backward.

I don’t like saying this often, but Australians are a fairly dumb people, and the more you expand your intellect the dumber they look. In Australia, you are forced to fit into a certain intellectual niche (if you can find one) or you have to be prepared to walk alone, because the only other option available is to dumb yourself down with alcohol, drugs or be a fanatical spots fan just to fit to their way of life.

I think Australians need to realise their culture can be more than just alcohol, drugs and sporting events. Surely there has to be more depth to the Australian culture than living their lives through the glorification and “hero” status of a common athlete.

Maybe a few less hours guzzling down as many beers as possible, or at the TAB, or watching footy might just help them understand what’s really going on around them - then again, maybe not.

 

What a heap of (*)(*)(*)(*).

Australians are among the most educated people on the planet.

You are just obviously not one of them.

 

Culldav we are the way we are because we have never had to fight for anything. It has fallen in our laps. We are truly the lucky country. These other countries have had to fight hard. Fight oppression, fight governments, fight each other. They realise that if they want change they have to fight for it.

Australians are naturally apathetic. " what can I do "?, " they will do whatever they like, nothing I can do to change it". These are as common in our dialect as beer and meat pies are to footy. We frustrate me. If we were in lets say Egypt right now and this was our government, what would we be doing ?

The problem is as we are becoming more multicultural, we are becoming less nationalistic. The inherent problem here is the ability to come together and demand change as we all have differing objectives and views on our society. Therefore governments stand a better chance of quelling any uprisings because numbers just dont support it. I guess you could say that this is how we may end up with a one world government, only this one would be highly socialist, not corporate.

We are in big trouble and we are doing it to ourselves. Sheep to the slaughter you could say.

 

Have you ever considered investing some time & money in an anger management course?

 

Swearing is Australian.

 

Its not enough we give $4 billion every year in aid or $500 million the UN for the climate start up fund, or 10% on the revenue raised from the carbon tax; but now we are forced to give $7billion to foreign banks.

I seriously cannot believe this slippery. We have Hockey talking about overhauling the welfare system and eventually trying to make it harder on people getting $20,000 per year, and here they are giving away $7billion to foreign Banks. I'm simply lost for words as to why "someone" in the media or another politician has not challenged them over this massive and totally unnecessary waste of tax payers money. No one in the right bloody mind borrows money from a bank then gives a portion of that money back to another bank. This begs the question of who the hell is walking the corridors of Parliament House?

 

Culldav,
you are stating:

These parasites are talking about raising the pension age and overhauling the welfare because Australia is running out of money, and here they are just chucking away $7billion helping out foreigners who have never contributed one cent to Australia; like it was spare change.

Just imagine, Europe goes down the drain and the Germans, French and others would stop building cars and trucks, that would mean we would stop selling our ironore to Europe. That would hurt our mining industry certainly, don't you think?
Reg.

 

Reg, the real people suffering will never see one "red-cent" of that money nor will it go to help them, it will simply disappear into Banking CEO's salaries, or providing more money for their schemes to make us poorer. This is all a con job by the banks to finance them into the carbon pollution scam.

 

By the looks of it poofters and lesbians raine in our parliaments.

Lets weed them out FFS.

 

Ola ola,
dumb, you are denying people their sexual freedom, why?
You are almost discriminating!
I think you have your life and your preferences/choices, and they have theirs....
Reg.

 

Thank you for confirming that you're nothing but a bigot.

 

Sexual fredoms like that dont deserve the light of day.

 

Well we're run by a bunch of gays and look where it has taken us.

 

Thought this was an interesting read, got it through on an email last night. It is from Ross Greenwood, a respected financial commentator.

Quoted by: Ross Greenwood of Money News..

Right now the Federal Government is at pains to tell everyone - including us the mug-punters and the International Monetary Fund, that it will not exceed its own, self-imposed, borrowing limits. How much? $200 billion. And here's a worry.


If you work in a bank's money market operation; or if you are a politician; the millions turn into billions and it rolls off the tip of the tongue a bit too easily. but every dollar that is borrowed, some time, has to be repaid. By you, by me and by the rest of the country.

Just after 5 o'clock tonight I did a bit of math for Jason Morrison ( Sydney radio presenter). But it's so staggering its worth repeating now.

First thought; Gillard, Swan, Wong, before that Rudd, all of the Labor Cabinet, call these temporary borrowings, a temporary deficit.

Remember Those Words : Temporary Deficit.

The total Government debt will end up around $200 billion. So here's a very basic calculation .. I used a home loan calculator to work
it out..... it's that simple..$200 billion is $2 hundred thousand million.

The current 10 year Government bond rate is 4.67 per cent. I worked the loan out over a period of 20 years. Now here's where it gets scary .... really scary.

The repayments on $200 billion, come to more than one and a quarter billion dollars - every month - for 20 years. It works out we - as taxpayers - will be repaying $15.4 billion in interest and principal every year .. $733 for every man woman and child - every year. The total interest bill over the 20 years is - get this - $108 billion.

Remember, this is a Government, that just 4 years ago, had NO debt. NO debt.

In fact it had enough money to create the Future Fund, to pay the future liabilities of public servants' superannuation, and it had enough to stick $20 billion into the Building Australia Fund .....

A note was sent to me which explains that the six leading members of the Government, from Ms Gillard down, have a collective work experience of 181 years, but only 13 in the private sector.

If you take out of those 13 years the number that were spent as trade union lawyers, 11, only two years were spent in the private sector.

So out of those 181 years:

- no years spent running their own business
- no years spent starting their own business
- no years spent as a director of a family business or a company
- no years as a director of a public company
- no years in a senior position in a public company
- no years in a senior position in a private company
- no years working in corporate finance
- no years in corporate or business restructuring
- no years working in or with a bank
- no years of experience in the capital markets
- no years in a stock-broking firm
- no years in negotiating debt facilities with banks
- no years running a small business
- no years at the World Bank or IMF or OECD
- no years in Treasury or Finance.

But these people have plunged Australia into unprecedented debt. Well, in a way you can't blame them. It's clear the electorate did not do their homework, because the Government is there by right. Ah, but they are Labor and people vote for them because Labor is good for the working family - right???

End Quote.

Why in hell are we persisting with this rubbish government.

 

HEAR. HEAR.

The troll queens whole circus have the life and work experience equal to that of a trolley collector and the combined intellect of the slowest year nine student, but these are the clowns the people have elected into running this country.

The writing was on the wall regarding the complete incompetence and stupidity of the Labor Government was evident to everyone (including their supporters) when during the GFC they sent money to dead people and people that lived overseas, and somehow they expect these payments were going to help Australia through the GFC. LOL LOL

The sheer incompetence and stupidity of the one act alone was staggering, and probably ended up costing the Australian tax payers hundreds of millions.

What is even more staggering and frightening in this country, is that over 40% of Australians voted to put these same idiots back into power in the 2010 election.

If this situation happened in any other country, these clowns would never have had another chance to Govern, but here in backward dumb Australia, anything can happen, and right now intellect is out the window, and its down to nothing more than a throw of a dice to see Australians elect any idiot depending on whether or not they look good in Speedos or so forth. LOL LOL

 

Not only that but i am lost as to why we every sold telstra or the commonwealth bank or our utilities.

Telstra alone was making a $7 billion dollar profit per annum when they first tried to sell it.

Why would you? now the only thing they can get their revenue from is more TAX on the people.

And that 1% are laughing all the way to the bank because first that pr!ck Keating floated our dollar which dropped to half price and then that pr!ck Kennet sold everything for half price.

I could kick those two with steel cap boots all night long.

And they farking dare to call themselves Australians.

 

Don't get me wrong I am not defending the sale of our utilities but I think you will find that when the carrying side of Telstra was sold off, not the hardware(lines), the whole system hardware wise was due to be replaced or overhauled. We didn't have the money to do this at that stage so the carrying side was sold off. I don't know if the government still own the hardware as there have been three sales of Telstra.

Other governments must laugh at us when they think about how easy we roll over.

 

When T3 was sold in 2006, the Federal Government still owned 17% of Telstra. This 17% was placed in a “Future Fund” which will proved superannuation and pensions for “Public Servants”. In 2009 the Future Fund sold another $2.4billion worth of shares reducing the Governments stake in Telstra to 10.9%.

Another massive lurk ‘n’ perk for the scum-bag pollies at the tax payers expense.

http://en.wikipedia.org/wiki/Telstra

 

Actually,, the seven billion is not a donantion but a loan which will be paid back with interest.

 

Do you have a link?

 

Yes it's a loan, that is how the IMF works, and it is well within our economic interests to contribute to the fund. I can't imagine anyone believes that it would be in Australia's interests to let the Eurozone collapse and bring about another far greater GFG than in 2008 that we could not inoculate ourselves from.