What will happen to Australians if the $US crashes? Is our Government ready ?

LOl made some builders rich.

Screwed a few insulation installation companies.

Gave alot of people hot water heaters they didn't need.

Killed some people.

He gave it to us all right!

 

Hey oxyboy did you expect a few mil in the mail??? LOL!!!

 

Is our Government ready? These clowns couldn`t get ready for lunch.

 

I wonder how effective they would be without all the advisers in the background?

 

The stupid thing about the yanks is that after they reach a certain salary, they pay no income tax...correct me if Im wrong but I believe they also have no debt
recovery system, insofar as if you buy a car, or a motor bike, or a house with a
mortgage, and then you default, the creditors just foreclose...no debt recovery action, the debtor just hands his bike or his car in, leaves the house he's been
living in for ten years, with no more payments....wtf!!!!...the creditors then resell the house, car, bike...and everyone starts again...what about the original debt???......no wonder the joint is going broke....Seinfeld must be running the whole gig...jeeeez....

 

Could you imagine how frustrated their advisers must get? It`d be like trying to train a monkey to knit.

 

Huh? You, of all people expect the government to do something (anything)? I must say i'm curious.

 

There is a point to it though, and it has allegedly served them well. The point being innovation.

Over there, if Joe goes bankrupt spruiking (sp?) an idea, he can just start all over again (and soon). At least that is the theory.

Also, that has nothing (directly) to do with government debt.

 

Yes As did the previous government (First home builders grant).

Yes, and not nearly as many as companies that screwed us and the government.

I'm not familiar with this, what free heaters?

Huh? If you're referring to the insulation that's more than a stretch, it's just illogical.

 

We agree on something

 

Comparing the failed BER scheme with the first home owners grant is mind bogglingly, hilariously, inaccurate and fanciful, the BER was another ALP train smash, the first home buyers` grant helped people into homes, and stimulated the economy on a level playing field. The BER was a mismanaged rort, a jackpot for some who were prepared to stoop low enough to rip the Australian people off, taking advantage of the weak management of the Govt.

The insulation flop lays directly at the feet of Peter Garrett /his bosses. Shifty legal foorwork has been employed to prossecute small worker`s companies, but in the real world, the principal contractor (the federal govt) is obligated to disallow all inappropriate systems such as laying conductive foil over live wires. Too much to expect from these clowns though, firstly enough competance to avoid problems, and secondly, the honesty to admit a mistake.

 

Peter Garrett

Every time I see Midnight Oil perform I have a laugh...and he's
a politician now...worse still...he has a portfolio...pulleeease

 

...Further inflating the housing bubble. And not helping first home buyers at all after the first, what, days of it?

Are you saying the government should have increased regulation by enforcing mandatory inspections by government officers when they rolled out the scheme? Perhaps they should have. The laws pertaining to safe installation were not watered down, however, and should have been sufficient for any ethical, honest and law abiding business person, as they were prior to the scheme.

Labor once again failed to grasp the fact that some business people are just shonky and they encouraged the flooding of shonks into the industry by massively warping the market in a short time.

If you get paid to do a job, and you do it poorly, or worse, who's fault is it? The person who paid you? Unless they told you to break the rules, or take shortcuts i fail to see how it was their fault - especially when they give you a set of rules that has been in effect for years. An exception to this rule is 'culture', but this scheme was too short for that to occur organically - it had to be imported - and it was - by the shonks.

 

He's too compromised as a Labor man.

 

Well maybe they can hand out some soup once a day! from a primary school.

[ame="http://www.youtube.com/watch?v=nyAZGqFtVjw"]The Great Depression 1929 - Documentary - YouTube[/ame]

 

Touché, will read more later, running late

 

Ask ten australians what they think of america and theyll say......
"America....thats the place thats trying to americanise the rest of the world...
and then say the world is a better place because of america......you know....
the place where their kids take guns and knives to school and kill each other////
yeah, I know about america..........

 

A friend of mine has sold her property, bought two blocks of land, on both she has built 100% self sufficient homes, no water, no electricity, no chemicals, and very little fuel are brought onto her properties.

On the inland property she runs alpacas, they are many more times more efficient then sheep producing more, higher quality wool and eat more sustainable crops, and have a much lower environmental impact then sheep.

On the other coastal property she is growing fruit and nut trees. She has calculated that in a few years her two properties will sustain approx 10 other families indefinitely and will offer anyone who needs it an is willing to input free accommodation.

Now she waits

Maybe if more took a look into the future we too would be doing something about it rather then leave it to others to fix, this thread would be redundant!

 

It's where Disneyland is.

 

Oh we know that, in fact it appears many americans permanently live in Disneyland.

 

Bugger, you saw my point

 

I thought Australia's economy was based on commodity sales and Chinese investment (and some other foreign investment). The crash of the US dollar would start a global depression, so Australia would be hard hit but when the global economy eventually corrected itself Australia would arise again as well. Longer-term effects would be to accelerate Australia looking toward the Asian Pacific economies and away from Europe and the USA.

 

The entire membership of the ALP & the Greens in Australia, think JR Ewing is real, & Mr Edd sings in the church choir every Wednesday night.