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The Forum > General Discussion > Crisis - a term used to

Crisis - a term used to

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We were apparently in a "Global financial crisis" under the previous Labor Government. This is despite ABS data stating: "The effect of the crisis on Australia has been considerably less than in many other countries."

We had a large amount of taxpayers funds spent to build school facilities (which blew out financially). Did Labor really support education - or was this economic policy to simply impress financial experts on television?

Now under the Liberal Government, we're facing charges & budget cuts.

One example is foreign aid. Is this because some in the Liberal Party do not support foreign aid in principle - or are we in a "crisis"?

Councils are also constantly putting up rates - but maybe some real "reform" is needed for all three levels of Government to get Australia out of this "crisis" mode?
Posted by NathanJ, Sunday, 18 May 2014 11:56:01 PM
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its too blooming obvious
we are the only home..[in the street]..wanting its mortgauge..paid off instantly[others are yet growing their debt..[but in the end as i told rudd..]we will need simular debt/ratios..to kep the dollars low

instread the libs keep building huge slush funds[to try to lever out the same old faces]..into a nice slush fund[5 dollars of the 7 doctors must collect..no less..its going to make a 20 billion slush fund.]..some nice bonus for mates..in all these slush funds.

here is a better idea/shut down the privatised public servant slush fund[currently holding over 120 billion..in loted assets/the public servants stole from the people over time...and use the 120 billion to pay down state debt/cause fed stopped paying.

but states cant mint coin[ie cant revenue raise]
the system is so screwed up/now the mongrels selling off the royal mint*..[thats treason]..the servants hid a lot of loot/reciepts for gold/but the reciepts leased the gold/but the leaseholders sold rented gold..[the proof to this crime of treason caused the debasement..of hrh coin,..

its proof of treason/yet their privatising the royal mint/its treason..once the bankers get that/they own the rights to the quens tyreasure/and a licence to prinbt money/govt will borrow to build more assets it then sells of to its mates..again/and they mongrels blled us dry/to sustain huge frauds.
Posted by one under god, Monday, 19 May 2014 9:33:37 AM
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Nhoj seems Oz was able to escape the GFC by sticking kids in roofs and cooking then to a crisps. Makes a change from sticking them down coal mines! I suppose. Again what was the GFC nothing more than the greed of Capitalism, killing kids, makes a change from killing them in one of their crazy Asian wars! I suppose.
When the 'GFC' hit Rudd and Labor proved once again they are the slaves of Capital just as much as the Conservs are.
Posted by Paul1405, Monday, 19 May 2014 11:57:56 AM
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http://www.google.com.au/search?q=debaSEMENT+IS+TREASON&
DAMM POST SELF DELETED..THE REAL CRISIS..was fully induced/to allow ongoing treason.
Posted by one under god, Monday, 19 May 2014 12:57:31 PM
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Dear Nathan,

<<We had a large amount of taxpayers funds spent to build school facilities (which blew out financially). Did Labor really support education - or was this economic policy to simply impress financial experts on television?>>

I have seen one of those school developments - a white elephant!
A huge hall full of electronic gadgets, but hardly in use - you cannot even turn the lights or the air-conditioner off: it turns off automatically half an hour after no persons were detected in the building. In order to avoid interference with all this bright and shiny equipment, children are faced with an impossibly long list of unfriendly "Don't"s.

It was not was schools really needed, but principals didn't object, saying: "if someone throws money at us, we can't say 'No'."

Meanwhile, as the government paid for all those school-projects, built all at once, it was impossible for ordinary people to get hold of a builder or an electrician for home-repairs - they were all out there making the fortune of their life in those unneeded school-projects.

Had the object been to support education, this money should have been given to parents, to use for the education of their children as they see fit, because once it is your money and not someone else's, one tends to prioritise and use it carefully and responsibly.
Posted by Yuyutsu, Tuesday, 20 May 2014 5:22:58 AM
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...Had the object been to support education, this money should have been given to parents, to use for the education of their children as they see fit, because once it is your money and not someone else's, one tends to prioritise and use it carefully and responsibly.

Good post up u till this Yuyutsu, because one of the main problems with most incentive funding, is it gets wasted.

One of the best incentives I saw was a card issued for tools of trade, whereby the only purchase that could be made were tools. Why can't education funds be distributed the same way and, it should be used for purchases from school based outlets only, where possible, otherwise traders just jack up the prices.
Posted by rehctub, Tuesday, 20 May 2014 11:59:00 AM
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http://rinf.com/alt-news/breaking-news/private-banks-unconstitutional/

largely due to counterfeiting by the British,
the framers were so afraid..of paper money..that they expressly took that power away from the colonies-turned-states,..and they failed to expressly give it..*even to the federal government.

Article I, Section 10, of the U.S. Constitution provides:

&#10077;No State shall . . . coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts;

. . . .
Congress was given the power “To coin Money,
regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.”

But language authorizing Congress to “emit Bills of Credit” was struck out after much debate.

yet govts create debt/now\send us bills..
but thats minting coin...yet the debasing of the coin is high treason
but who cares..
http://www.naturalblaze.com/2014/05/gm-foods-neither-safe-nor-needed-say.html
Posted by one under god, Tuesday, 20 May 2014 3:48:28 PM
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There is no financial crisis looming over us. What the Abbott government is doing is based on ideological ideals,Liberal basics.Have you not noticed the discrepancies within the budget ?They have taken taxes away from Businesses (something you would never contemplate in a crises)Hardly touched the incomes of the upper echelon of society,even dropping the luxury car tax. Taken from schools,Hospitals and Education, started to dismantle all the middle class safety nets ! The threat behind the concept of non-payment of unemployment for 6 months , lies hidden in its overall end result,a large workforce willing to sacrifice wages in fear of absolute poverty,undercutting everybody's pay packet, hence forcing overall middle to low class incomes down !Its the widening of the gap between the classes.You do not take taxes away like the mining tax when you are in dire straits ! You keep the taxes you are getting and add to them,and you certainly do not purposely discriminate on who gains and who looses ! This is plainly a budget aimed at bleeding the middle to low incomes ! its not a crisis but an ideology that is hidden behind this particular Budget !
Posted by trapdiocan, Saturday, 24 May 2014 1:06:49 PM
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CRISIS IS A WORD THAT MAJICLY GETS THINGS DONE
it dosnt matter if its true or fraud
http://scienceandpublicpolicy.org/
but 0one symptom..is the cost of the cure
and when you hold the cards/the cure of sharing the power/seems a joke.

its not going to happen..if you got a money tree..cash cow..or scum f/oating on top of your pond...

its your scum..
http://www.washingtonsblog.com/2014/05/enron-2-0-wall-street-wants-manipulate-state-energy-markets-just-like-manipulates-every-market.html

and the taX man..dont get even a cent.
AND NO copper will colect the rent.

the bigger the debt../BET\..the bigger the lie.
Posted by one under god, Monday, 26 May 2014 6:55:11 AM
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http://www.washingtonsblog.com/2014/05/enron-2-0-wall-street-wants-manipulate-state-energy-markets-just-like-manipulates-every-market.html

The Global Banking Game Is Rigged, and the FDIC Is Suing

Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it.

It is not just that local governments, universities and pension funds made a bad bet on these swaps. The game itself was rigged. The FDIC is now suing in civil court for damages and punitive damages, a lead that other injured local governments and agencies would be well-advised to follow. But they need to hurry, because time on the statute of limitations is running out.

The Fed Now Owns $2.4 Trillion in U.S. Treasuries & China $1.2 Trillion What Happens When They Stop Buying?
By: portos
http://xrepublic.tv/node/9081
Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins
http://www.commondreams.org/view/2014/03/29-4
On March 20, 2014, European Union officials reached an historic agreement to create a single agency to handle failing banks. Media attention has focused on the agreement involving the single resolution mechanism (SRM), a uniform system for closing failed banks. But the real story for taxpayers and depositors is the heightened threat to their pocketbooks of a deal that now authorizes both bailouts and “bail-ins” – the confiscation of depositor funds.

The deal involves multiple concessions to different countries and may be illegal under the rules of the EU Parliament; but it is being rushed through to lock taxpayer and depositor liability into place before the dire state of Eurozone banks is exposed.

http://www.youtube.com/watch?feature=player_embedded&v=a5IYMwRvd68
Posted by one under god, Monday, 26 May 2014 5:21:42 PM
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OHH DEAR..a new frakking crisus/the frakkers
Fake Mideast oilman...en-traps Mariel Hemingway,
Ed Begley in frakked-video sting
http://www.foxnews.com/politics/2014/05/20/fake-mideast-oilman-traps-mariel-hemingway-ed-begley-in-video-sting/

The man called “Mohammed” presented himself as the son of a Middle Eastern oil magnate, but he was an actor hired to embarrass two Hollywood celebrities...[They were there to support a friend making a documentary about the dangers of fracking, a controversial mining technique used to extract natural gas.]

The purported oilman was working for James O’Keefe, the conservative activist with a track record of using deception and hidden cameras to discredit liberal targets.
Webmaster's Commentary:

This video was created to portray anti-frackers as working for mideast oil companies instead of being genuinely concerned with the the harm to health caused by fracking wells (and the recent revelation that for all the toxic side-effects, the recoverable oil and gas is just a tiny fraction of what was promised).
http://www.latimes.com/business/la-fi-oil-20140521-story.html

It would appear that Matt Damon's film about fracking, "Promised Land",
http://www.imdb.com/title/tt2091473/
is accurate in its portrayals of the deceptive tactics used by the fracking companies to promote their agenda. I am not going to give away the story line here. If you have not seen this film, make a point of watching it. This stunt by O'Keefe confirms that the film's portrayal of the fracking companies is indeed accurate.

http://www.thedailysheeple.com/whos-dangerous_052014
Posted by one under god, Tuesday, 27 May 2014 7:12:49 AM
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