Examinator points out deftly that there is a price to pay for someone, when mining your natural resources. I can't imagine mining company's coming back after the resources are gone and helping us deal with the aftermath.

I think Belly agrees that their bluffing and Rechtub is crying wolf for miners but pointing out that it should be done to the banks as well.

The Rent tax is a tax change and I believe a sensible one, as Belly said "the sky will not fall".

*The tragedy is that the likes of Shadow minister, Yabby, Hasbeen et al
and the great unwashed will be taken in.*

Let me tell you about a little word Examinator, which is something
that you clearly lack and its called integrity.

When a company decides to invest billions of $ in a venture, they
look at the rules, take a huge risk, creating jobs and paying
huge amounts of tax in the process. They dont' just pay company
tax, they pay payroll tax, state royalties, all sorts of stamp
duties, the list goes on. BHP pay around 43% of net income in
taxes, so nearly half. Anything that is left, is nearly always
ploughed into new ventures, mining sucks up capital.

Now before a company takes that huge risk, its only fair that
they know the rules by which they are playing, so that they can
make a fair decision.

Thats what we did with the petroleum tax. We told them before
they invested a $ what they would pay. Not in this case.

What you and Belly are doing is changing the rules after companies
have invested billions, then saying "bad luck sucker, you have
built here now. Now we can screw you for whatever we like".

Examinator, one thing I am proud of, in all my dealings in life,
I have always kept my word, even if it went against me. Integrity
means something to me. You on the other hand, clearly have the
attitude of little more then a parasite. Shame on you.

Yabby,

My Integrity? What a load of tosh. What have I got to do with it?

In short You and I disagree (no biggy, neither is that new.)

he topic was the big spin. you and the others mentioned will/do believe it en toto is a fact based on you philosophic bias and the manner in which you get your information (fact).
Your attack on my personal integrity is not only unwarranted but proves my point.
You have a clear defined bias .

There was no slight of you except in your mind. I separated out three individual because they (you) would respond differently than each other and certainly the paper thin reasoning of others and the general public.

In reality the issue is some what more complex than as painted in the pro big business media. (Australian et al) or simplistic (popularist reasoning)

And your argument about nothing should change is ....well, defies the principals 'capitalism'. Capitalism is based on change which are a fact of life.
I would also suggest you read a little wider
http://economics.com.au/ etc.
There are two short articles.
My stance is clear the government is or should be obliged the interest of Australia first.

The article makes valid point that Big is not necessarily the best model (for Australia)

The point of my response was merely to point out that the spin *will*
have appeal to certain mind and emotional sets.

Finally it was intended to show that I'm unconvinced by the level of the negative views.

Examinator, you are dribbling yet once again.

Now listen to a fellow like Marius Kloppers and what
he is saying, it is not spin, it is plain, hard, simple
fact.

Read a few annual mining company reports, to understand
how and why they make decisions.

Mining companies already take huge risks. Currency risks,
commodity price risks, technology risks. These are factored
in, when making an investment decision. All they ask from
Govt is that Govt keeps its word, over the life of a project
and does not change the rules at whim. That is not unreasonable.

If you agree on something, then change your mind to suit yourself,
then you don't have integrity, would not know what it was.

When the Hawke Govt negotiated the offshore petroleum tax,
he showed integrity and it stood to Australia's credit.
For companies knew the rules of future investment, they
could play by those rules and risk their investments if they
wished. Mining companies plan years ahead, they need reliability.

What we have had in this case is nothing but an attempt at
quick election pork barreling. Integrity was thrown out the
window, reliability and predictability were thrown out the
window, the figures were fudged by Govt to impress dimwits
like yourself.

Kloppers and others are not fools. But a dimwit like youself
clearly does not understand that and will learn the hard way.

It's clear now that the strategy of Big Money Spin will be massive over statement re the effects of the Rent Tax on their position. The Opposition will take the line that Govt is playing with numbers by using the Rent Tax to disguise the effects of their reckless spending.

The battle for the Australian election begins!.

There is only one reason for a sudden application of a Great Big Miners tax.

That idiot Rudd lost his bottle, & backed His Great Big Carbon tax.

The idiot is like a locust. A big jump into somewhere. Destroy everything in sight. Another jump to destroy something else.

An attention span of an idiot is his problem. Makes decisions in great haste, then finds he's stuffed up [again], Then another hasty decision to try to stop anyone noticing the last stuff up