Australia donates $7billion to help Europe bailout

It was spent on infrastructure

 

Thanks for that. Still laughing!

 

why do you say handouts were wasted?

 

Not according to Karate_Tommy

 

simple to say read back and you will see.

 

yes I did. So?

What I am wrong when I say the mining industry is extremely important with the economy of Australia and is a major factor in the economic recovery of Australia is wrong because they are the states showing the greatest growth? considering that all states have natural resources they are current being sold to other countries, suggest you actually have no idea how things are done at all.

eh.. perhaps if you actually read the article, you may know what you are talking about.

Sorry, you really show your inability to understand how business actually works. You show the the same inescapable evidence of how jobs are created when you do not understand that business need finance to continue trading and growing, thus creating further jobs. you seem to think that jobs are created out of nothing.

Could you provide evidence of your claim 'bailing out the Banks(Majority of it was,And it's on record that they PUMP AND DUMPED as well)' YOUR rhetoric is not enough. I think you may find it was the other way around, but your imagination will not pass as evidence.

 

So, it's not a simple answer then!

 

Yes but you said Rudd stimulus and that the Mining Industry saved this country but the fact is you said the Government's stimulus was was a waste of money while evidence suggests overall our economy did not decline when it was handed but it grew so you are wrong.

Ohh and I do realize that 45BN stimulus only 22BN was on handout and that the other was spent on infrastructure.

You have no credibility.

Here's a good link from a current Republican candidate running for president
http://www.dailypaul.com/188540/audit-teh-federal-reserve-reveals-16-trillion-in-secret-bailouts

This is what you said.
Can you provide me a link or two to a well known economic site where it says the hand out was a bust? Because all I see is a Labor hater with no proof.

Again if you can provide some sort of evidence to support a big enough sample size you have nothing but I think we all know you have no credibility.

Supply and demand. But if there's only Supply and No Demand how will jobs be created and Businesses in profits.
How can they "Grow" like you said, if no one is buying their products? Hahah. You're a fool. Get Lost.

Quote from the above link
"In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion."

HOLLLLLLLLLLLLLLLLLLLLLLLLLLY sh1t you are massively wrong again.

EDIT: quotes annoy the sh1t outta me

 

Again, you try and grasp at straws. what is it I did say

So perhaps if you can comprehend, the debate can move on.

Strange, you proclaim it was on commodities, your words not mine. Do you wish to now change YOUR statement?

So far it would seem that your are the one suffering from the former with your own rhetoric.

Now you wish to try and give some politicians opinion as evidence? Perhaps you could find a person without vested interest to support your case.

Covered, all I now see is you trying to run in circles without any refuting evidence. I can not make you read, but everybody around the world can now see how redundant your government is, with your type of rebuttal.

Again, read the article, again see exactly where the link come from. Was it not the link you provided as a good source? So now you wish to discredit your own sources with your own rhetoric? Of course, I remember if it is what you like they are great, if it is against you, it is corrupt media. So, come on, is it good or bad?

So you have learnt a little economics in school today. Well guess what, if the price is not high enough to cover costs, there will be no supply. If the customer has no other alternative they will pay whatever price is demanded. However, Australia is not the only country with resources, so they have to compete with many countries that are not raising costs in any fashion like YOUR precious ALP government want to.

LOL...comprehesion problems? You proclaim that the US government gave all the stimulas to the BANKS and your supporting link and quote states that it was also given to companies? Well blow me down, YOU are as bad, as your infamous ALP government with all your back flips. Do you even intend to give something of substance that states what you claim? or do we only get your opinion along with a few others opinion that does not even say what you proclaim them to say?

Obviously, because you can not find one that supports you.

Now if you have something other than your verbal diarear, could you now start debating with some substance. at this time all I see is your own rhetoric, showing your desperation to... Actually I do not know for what. All you have done is made your opinion that the ALP are gods and that nobody should question them. You have been apologetic for some of their stuff ups, but mostly, you will not even acknowledge others. So either get on with it, or give up. Your only showing the rest of the world, exactly how vile Australians are.

 

LOL... How in any form does this provide support of your claim

How does 'Further tax cuts are bad for the Budget, says Lindsay Tanner'

Another unsubstantiated claim.

 

That proves what? That your claim is right? You have no idea what the rest of the world think of Australia, yet you make another unsubstantiated claims, and attempt to support it with your own rhetoric.

Why, don't you know about the facts?

http://www.abc.net.au/lateline/content/2008/s2507649.htm
So now even Rudd is telling porkies? LOL

It is up to you to provide the data or something substantial to show they did, just because you assume, your right, does not mean you are.

Nope, your dates show that it has nothing to do with stimulus package that the december figures where good for the retail sector.

Oh you believe the entire hand out was the stimulus? LOL...no that does not prove your claim, again it is your assertion. How about you try and provide some evedence that that statement is incorrect? No just insult.

Nice try, but that is not what is stated by that post.
It is funny you attempt to attribute something at the table I stated, that still does not support your statements. I have already pointed directly to the fact that I do consider the Australian people will do what is best for them, and not what the government wishes. I, do in fact trust them to do what is best for themselves.

 

No, that is not what I asked, is it? I asked, if you knew what the Opposition's alternative policy was? IF you did not know (which you obvioulsy didn't, with your previous claims that they had none) tax cuts where only a small part of it. See if you can find the rest.

Yes it is, but still in no way supports your claim of

Is this simply you trying to make something meet your own opinion?

By the way, you should always reference all your quotes with the source link otherwise it could be construde as plagerism and is actually against the rules of the forum, for obvious reason.

So far you have shown exactly the type of ALP candidate with Blind faith, inability to refute points and dreaming up claims to try and substantiate your claims. Obviously, you have fabricated this entire thing to try subterfuge.

 

Then there is then OECD reports,IMF reports,Credit Rating,Budget Surplus...Again the IMF,OECD Puts us in a better economic shape then most of the world.

But I guess you know better...You just can't prove anything you say.

“For the first time in eight years the nation's economy has shrunk. “ Was there a GFC the previous 8 years was there?? but then you read on and it your article says “Over the entire year growth was just 0.3 of a per cent” LOL LOL

What did Wayne Swan Say,Oh thats right in December when the first hand outs were made the Retail Sector grew. Unless you have other data to suggest it didn't,YOU ARE WRONG.

My dates? Said stimulus started Dec on YOUR website and guess what was a suprise growth..DECEMBER...You say it has nothing to do with Stimulus when it is the only logical thinking,IM SURE YOU HAVE EVIDENCE TO SUGGEST IT HAS NOTHING TO DO WITH THE STIMULUS? But I understand that you're so desperate that you're going by “my dates” LOL

I think Economic growth on the overall year proves you're just full of it. Prove what you say about the Stimulus being wasted. The fact is you can't,You're a fraud.

 

http://www.theage.com.au/business/oecd-praise-for-canberras-stimulus-package-20090916-froi.html


Ohh..What's this?

Hahahahahahaha YOU HAVE NOTHING,you're a little cynical man who obviously has a small wiener so you have come on here to prove its big but it is in fact still small.


Should be banned for coming on here and slogging a Government with no proof. Make up lies.

 

saying they support your claims, does not make it so. But it was you whome claimed the BEST, not just better than most of the world. again do you now intend to change your mind

and this refutes what I said HOW? you stated it continued to grow, I pointed out it shrunk for a quarter. You have the problem of proving your claims. I have done mine.

Except you and I know it was not handed out until April so how does it stand that it helps the december figures if they where carried out after.

let us look

http://www.abc.net.au/lateline/content/2008/s2507649.htm

Oh that is right, you claim different don't you. that is because the first handouts, occurred April 2008. Do you actually know who got them?

Tell me how, consumer spending rose by .1% translates to 3.8% retail sector growth? UNLESS they are in different sectors.

So you ignore the fact that the economy shrunk for one quarter because it opposes your claim. Yes we can see who is full of it.

 

What is this? Do you actually know?

Not the best but one of the least effected. Funny enough, if you had actually known something before you came here to hammer your blind faith of the ALP you are fast learning. But you still have not supported your claims. You have only shown that the economy is in a better position than most. far short of your claim of being the best.

 

OECD praises Rudd Stimulus but you say it was WASTED.

Can you please provide evidence to prove it was WASTED???


Can you??

 

Please point out where I say "Rudd's stimulus was wasted". again it is your claim that is my comment, and as has been previously proven, you are wrong.

I have provided evidence of what I considered wasted, not my problem if you do not accept it. All about see and make their own judgement. So far, your claims stand to be simply your own dreams, you have not shown evidence of anything you have claimed, not even your desperate insults.

 

It was part of the package.
I highlighted where you said 22BN was wasted?

How was 22BN WASTED? With evidence.
Or leave the forum. liar

 

If you cant post/repost evidence that supports 22BN/The money hand out, then you have no credibility left on this forum and you are proving to this forum that you are indeed full of it.

 

And I have already provided evidence, you provide nothing that substantiates your claim it was not. YOUR claim is that none of it was a waste and you have jumped about, changing your claims, to try and support your claims.

 

If you cant post/repost evidence that supports 22BN/The money hand out, then you have no credibility left on this forum and you are proving to this forum that you are indeed full of it.

 

The OECD article I just posted seems to think so.
Please refer to the above post.

 

Please address the topic in a respectful manner.

Thanks
Shangrila
Site Moderator

 

The Above article Does state the stimulus was a good thing, AND to an extent I agree. The infrastructure spending along with the resource sector created great advantage, I do not disagree. But the waste of management, of this very same has created far greater costs than needed. The hand outs where wasteful and did not achieve in any respect the intended purpose.

The roof insulation scheme alone, created a further cost of over a billion dollars, to simply check every roof after the deaths of workers due entirely to shoddy work. A major waste that if proper procedure was implemented, as the minister in charge (another ALP polly) told Rudd, before it was rushed out, would have been avoided.

Just to set things a little straight, I am not in totally agreement of the Liberal infrastructure spending, as the projects they alluded to, in my opinion, would have been less advantageous to the Australia in the long term.

BUT in no way have you provided the least amount of evidence of any of your claims. It is obvious you are simply spouting things out without any knowledge of actual facts.