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The Forum > Article Comments > The confidence trick > Comments

The confidence trick : Comments

By Andrew Leigh, published 28/5/2014

So what should a responsible government do in uncertain times? Earlier this month, the OECD’s Economic Outlook recommended that ‘heavy front loading of fiscal consolidation should be avoided’.

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Yes the Coalition talking down the economy will hurt consumer confidence, spending, damage growth and ultimately cause unnecessary suffering.

An inadequately explored area, among political scientists and psychologists, is Tony Abbott's mindset. Can Tony as an ex-Jesuit (a elite sect that champions frugal living against sin) boost confidence for the vast majority of people who are unbelievers?

Can the Coalition - very successful in the negative politics of Opposition - transition to being a Government that instills confidence boosting happiness?

Pete
Posted by plantagenet, Wednesday, 28 May 2014 7:02:45 PM
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IN CONFIDENCE...LET THE TEST REST

[not so privaTE]..WITH CONFINDENCE..BLIDERBERGE SECRETS

THOUGHT FOR THE DAY!
"A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse over loose fiscal policy, (which is) always followed by a dictatorship."

The average age of the world's greatest civilizations from the
beginning of history, has been about 200 years. During those 200
years, these nations always progressed through the following sequence:

From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage." --

Alexander Tyler
And just when we thought we could call it time..
it needs become personal./thats all..live like there isnt any end/cause there isnt..no small lives only little persona/living them safely...[vote none of the above;..audit the fed.]
Posted by one under god, Saturday, 31 May 2014 1:50:34 PM
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Own Stocks and Bonds? Think they are yours through your broker? You are Wrong. Fed Reserve aka DTCC is the owner of ALL stocks traded. You are a Beneficiary of your Stocks, unless they decide you are not.
http://sherriequestioningall.blogspot.com/2012/03/own-stocks-and-bonds-think-they-are.html

I wrote and researched this in 2012. But it very much applies today. People need to understand, the Federal Reserve owns every stock and bond purchased by individuals. Everything purchased goes into their name after you purchase it with your broker.

The Federal Reserve handles this in 131 countries under the corporate name of DTCC. They do 1.6 QUADRILLION dollars a year in business.
http://www.federalreserve.gov/aboutthefed/section7.htm

Not something CNBC ever mentions and they don't show up on the Forbes 500 list or as the biggest company in the world.
http://www.washingtonsblog.com/2014/05/enron-2-0-wall-street-wants-manipulate-state-energy-markets-just-like-manipulates-every-market.html
Posted by one under god, Saturday, 31 May 2014 9:47:29 PM
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The economy as altered by Labor is racing towards its own iceberg.

Andrew Leigh is advocating that the government should not frighten the passengers with reality, but should encourage the orchestra to continue playing so that all hands go down with dignity.

P.S. I believe that Andrew was also an advocate of university fees and Medicare co payments.
Posted by Shadow Minister, Sunday, 1 June 2014 8:03:56 AM
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