All I see in this debate from the Anti labor is a business opportunity, selling either white horses , dodgy armour and copies of
Don Quixote (AKA Donald Quickfix) or for the really stressed out some Jeremiah Peabody's Polyunsaturated, quick dissolving, fast acting, pleasant tasting green and purple pills. Only $1.98 + GST and postage.
Apply here
http://www.youtube.com/watch?v=jQIfp1TAo2I&feature=PlayList&p=EDF4F76CA25193AF&playnext_from=PL&playnext=1&index=52 :-)

Belly et al,

Rudd declared before parliament that the super tax would not discourage investment, nor depress the stock exchange, nor effect the superannuation portfolios of the nation. Subsequently I heard on the ABC radio that information came out that indicated that weeks before the announcement of the tax the Labor cabinet not only knew that the mining companies were likely to put up a fight and were preparing an advertising campaign, but that they were conversant with the possibility that this would adversely effect the share prices and future projects.

This also means that Kev intended to pick with the miners, thinking that a fight with the "fat cats" would take the focus off previous stuff ups and paint his cabinet as the merry men rather than the 3 stooges.

JP Morgan (US bank) has indicated that it will reviewing investments into Australian mining due to the lower returns. This has not escaped the other major lenders either. So either Kevin is telling a huge porky or he is incredibly stupid.

The Chinese are also furious having just invested, so the repercussions are far more widespread than just locally.

By failing to negotiate with the miners up front, and simply attempting a huge tax grab, he vastly underestimated the response, and is now in a fight he can neither back out of or win.

SM
And your point is? that the Labor party chose the wrong negotiating strategy....perhaps mis-read their bargaining power? Whoopee!

And let's guess Tony Abbott's strategy is a real winner for the *country*:
Abrogate control to the corporations...give them everything they want. Sounds .....well.....um...something to me.

The problem with a fixed philosophic negotiating position like the one you support.... is no plan 'B', certainly no recovery plan.

Why should corps give any ground when Tony has already waved the white flag for personal power.

Face it Shadow politicians are all a dubious lot.

Should be able to shed some light here.
Seems Abbott's claims are made on the run not scripted.
And if he wins government his promise to kill the tax is a non corr one.
In less than a decade other country's will impose higher tax's not unlike this and conservatives will retreat from positions they scream about now.
all this and Rudd will returned just maybe Abbott the RABBOTT should think about honesty before election funding?

Examinator,

I have no idea what point you are trying to make. The point I was trying to make is that Krudd has consistently lied about the tax and his motives and cannot be trusted.

Belly,
We cannot afford Labor. The nice fuzzy sentimentality has turned to Krudd.

*In less than a decade other country's will impose higher tax's not unlike this*

Good grief Belly, now your lot are being convinced that Kevie is
some kind of global visionary, ahead of his time! He didn't
do too well in Copenhagen.

Fact is that increasing resources royalties discussions have been
ongoing already, but in an intelligent fashion, by the people
who actually own them, the States.

Colin Barnett has been quietly and sensibly negotiating with BHP
and Rio for months, these are sensible discussions where a win-win
all round is the outcome. From July 1, they are going to pay
more iron ore royalties, the State benefits to the tune of 300m$,
on top of the billions companies already pay.

WA only has one problem. 90% of all this is ripped off by Canberra,
to subsidise you Eastern Staters.

The people running large mining companies like BHP are not little
kiddies, but once these 2 bob politicians get a bit of power for
a moment, it goes straight to some of their heads.

If the Govt had sat down from day 1 and discussed all this with
the mining industry, we would now not have a problem. But then
SM could well be correct. The 3 Stooges have made so many stuff
ups lately, they needed a cover and I think that they badly
miscalculated how many people actually realise, that their well being
depends on mining. Let them learn the hard way.