Does anyone ever recall the coalition having Australia in foreign debt to the tune of $500billion? It was my understanding that the last coalition Government paid back some $90billion worth of debt accrued by the previous ALP Government… Fanatical ALP supporters will grasp at any straw to get the Welsh Queen and her band of idiot Ministers off the hook. The Toll has some of “headless chickens” believing her shyte is chocolate - so maybe she should be selling her “rocky road” on eBay.
So you are unable to provide ANY unbiased source of information that supports your statement. There are plenty of sources out there that support what I have said, I gave you two, a speech from the federal treasurer of the day and the federal treasurery web site. I rest my case.
Ummm, dare I say it...lol! Dog eat dog policy...The live for today policy is a destructive force across the planet. Tricky tactics, rhetoric and twisted facts, yep, that's the reality of the right. Go hard malena! http://www.smh.com.au/business/why-our-foreign-debt-is-a-taboo-topic-20100312-q42h.html
A pleasing little graph, net debt is much more meaningful then gross. Looks like the Howard/Costello years were spot on and the ALP are maniacs in office;
For somebody who is supposed to be clued up on the economy, I would suggest you are missing a major problem, From your article Do you not see the problem here?
hahahaha......is that your excuse for the liberals overseeing this massive debt...lmao! There was a tripling of the debt under howard, common garry, you provide a good laugh buddy!! You've got no idea do you. It was a massive increase in foreign debt under howard!! Conservative economic policy is so failed, not to mention their lack of nation building vision which accentuates their destructive policies. Again, every country with a conservative government felt the full brunt of the GFC. The others were non conservative.......what does this suggest garry?
I have not made any excuse for this. If you actually had a clue on what these figures actually show, You would change your tune. Fact is, these figures actually show something other that what you proclaim them to show. LOL... Pray tell, what foreign debt has been increased? Who increased it? No, you obviously missed the point of my comment, which actually shows, that you actually have no idea how to run a business, let alone an economy. As if you had actually understood what the figures represents. But again, ask your Labor mates, Should the population be more worried about borrowing money to pay interest payments?
It speaks volumes, the fact that anyone could be deluded enough to believe that conservatives create debt, while unioinists build National wealth.
Garry, when youve got nothing you start with making vague comments with questions attached. It is a demonstration of your lack of substance. Read your comment again and restructure appropriately please. This happens every time someone debates with you, especially when some hard facts are raised.
Hard facts of what? As stated, you have no idea about what this article actually shows. If you did, you would change your tune. Again, what foreign debt has been increased? Who increased it? Can you not answer? You try and attribute the debt to the Howard government, yet you do not understand what the debt actually is. So far, your hard evidence is again lost on you, for the third time; Should the population be more worried about borrowing money to pay interest payments? Your attempts at subterfuge only show, you have no idea what the article is actually stating and are trying to use it to indicated something that it does not show... LOL Classic ALP style, or is it that the current government is just as guilty as the previous? Nothing vague about my comment, I say you have no idea what your so called HARD FACTS show.
Lol.......continue with your furphies. That's what the liberals wanted everyone to believe, supported by their media buddies. Foreign debt increased to 500 billion dollars under the liberals. There was obviously a much sinister reason for the libs to pay off the public debt with the sale of Australia's assets, I think GS alluded to this. You've either been hoodwinked or just completely challenged.
What 'facts' are you talking about vegie? The one thing you have NEVER provided is a fact, a bit of biased opinion and commentary, lots of political lies, slogans and rhetoric but never any facts.
This is like trying to teach higher maths to a goldfish. It doesn`t take long to realise that time spent is time wasted. Can you name an ALP federal or state govt that decreased debt?
What makes you think that what you provided was fact. A website from Costello, abbott rhetoric and mantra, supported by his media buddies? Please save it dude!lol. if there is no substance to my argument, then why argue! Just listen to Abbott and the mainstream media, now that will satisfy your shallow reasoning. There are many of us who had been hoodwinked in the past by mainstream media and the likes of Abbott, because it is easy information to attain due to their control over much of the information we receive.
Reasoning?? I haven't given you any reasoning, just straight forward facts about public asset sales and the application of the funds from those asset sales. These facts can be verified at a number of credible web sites including the Federal Treasurery web site and the ABS web site. AHAHHHAAA!! You are the one who gave us a newspaper article in a belated attempt to support your argument, now you are saying your own source is unbelievable!!! AHHH! AHAHAHHA!!! This actually getting to be fun! Once again you fail utterly to produce one single credible source to support your side of the argument. Once again you fail utterly to provide any credible, unbiased evidence to dispute the figures I have given you. Everyone is entitled to their OPINION mate but unfortunately, opinion is all you have got.
From your source the Howard government sold 70 bil worth of Australian assets and labor 6 bil, what is your twisted argument dude when there is a huge disparity between the two. Lol, it is more credible than attaching a website belonging to Costello to tell us all how marvelous he was....lmao! He doesn't have to do that, Murdoch is in his corner and all the nincompoops who take it as gospel. Somebody has to get the truth out there, which is obvious. You guys again parot Abbott and Murdoch who have a motive that is not vested in the interest of all people. Do you really think Murdoch cares about you as a commoner, if you fit in this category that is. No one knows where Abbott stands But all indications he only has eyes for the..............(I'll let you fill in the blanks). I mean, who dictates their policy, if it's not dictated by the people.....clive palmer and company wouldnt, would they?The carbon pricing would have got through under a liberal government, because they would have had the backing of media and their owners who are all about personal gain because that is the extreme side of capitalism without regulation and they know there are minimal impacts on them. At least a couple of big corporations were honest about this. It took a huge movement from the people to overturn work choices.
AHAHAHHAAA!!! This gets better all the time! Prey tell which of my sources said the Howard government sold $70 bil worth of public assets? WOW!! BRING ON THE REVOLUTION!!!!
And once again, you don't have a case. You are beaten boy, accept it and go and do something about your appalling lack of understanding of the Australian political and economic systems and the history thereof.
hahaha......wow! Typical righty, thinks because his opinion is disputed, then nobody has an idea about politics and the economy. All other sources are biased but theres. Everyone elses source has a twist to it, but no, anything that is from a conservative slant is gospel!!!heheh. It's an overly bold statement when you blatantly use a personal source of the person disputed to state a case... lol! That's not biased because costello is regarded the best treasurer in the country, because murdoch says he was, so he must be!.....lmao dude! I rest my case!