Swan is a dithering fool.Plan A was to borrow $ billions and put us into more debt.He could have done just what the yanks did.Just create more cyber money in our computers.Swan just paid someone else to counterfeit our currency.

Plan B will be more of the same for these economic troglodytes.

"IF iron ore and coal prices were to drop back to 2002 levels, Australia's budget would be looking as bad as that of Greece.
And the nation's future would be in the hands of the IMF. The deficit would be above $100 billion and approaching 10 per cent of GDP."

http://www.theaustralian.com.au/business/opinion/narrowly-avoiding-our-greek-tragedy/story-e6frg9if-1225911606700

There is no plan B, and the treasury is now becoming more reliant on company tax from a few mining companies.

Take out coal, and Australia would be worse off than many other countries.

Most of the money from the resources boom is going towards paying off the trade deficit, while government departments and education systems continue to spend as much taxpayer funding as they can on imports.

Not good.

ajay...the printing of more..'money'...wont work
since the govt sold the fed..

it only mean's.. govt...borrows more
or can borow/more

[at two percent intrest...on their govt bonds
held by the fed..only to bailout the bankers..with intrest free]

the bankers are doing quite nicely..with this two percent margin
that us tax payers need to..repay..via the next round of higher taxes

[and other revenue raising measures]..in the pipeline
[or rather...'sewer'..to us in the pipe]

but do the sheeple even care?
they dont even KNOW govts USED to..create their own money{intrest free}...in the days before we got wages tax..

HELL they dont even know paying tax is volentary
AND THEN ONLY ON INCOME...not wage

its just the sheeple dont know..[wernt told...wages ISNT income]
heck wernt told only those under the act[ie getting powers under the act...are liable to the act...the only reason they need to pay...is their boss didnt tell them the act only applied to HIS income]

[income is proffit made from no added value]
work is adding value...but dont tell the working serfs

they dont even know a 'person'..is a coorperation
and if your not a person...gaining advantage..[under the powrs of the act]..

your not liable..[under the act]..

read the hansard debates from when...income-tax..was introduced...lol

they should be..teaching this stuff..in school
[read..dumbing down the american education system..to know why not]

the creature of jeckle island..!
or the secret bankers manuel...

[BUT/no..thats too easy...
or the reading iof it..too hard?]

Hardly anybody in the world has a workable plan B.

Although world-wide lots of small groups and organizations are trying to work out and live workable alternatives. Some of which are listed here:

http://www.dabase.org/GCF.htm

We are entirely an unconscious "civilization, to borrow the title of a book by John Ralston Saul.

An unconscious "civilization" that has the momentum of at least three thousand years behind it. A momentum and energy that is patterned to gain total power and control over every one and every thing.

Which is why the essays featured on this site were written.

http://www.beezone.com/news.html

Plus this talk (The Realization of The Beautiful) which was spoken at the time of the Stone Buddhas incident in Afghanistan

http://www.adidamla.org/newsletters/toc-aprilmay2006.html

We'll all be rooned said Hanrahan

plan b for many is to claim victim status and expect Government to bail them out of their irresponsible spending. Unfortunately our current Government always has a good 'excuse' for squandering money and racking up debt quickly. Why should Joe Bloe be any different when they see houses going up in smoke due to pink bats debacles and corrupt builders getting huge payments for sheds. This is all with tax payers money and now it will be the NBN. People are happy to believe lies and the surplus to massive debt was not necessary but just an excuse to try and win votes. Unless Government becomes responsible it is unlikely individuals will.