Hasbeen Horus Shadow Minister thanks
I got it wrong but the fact is you have all gone off too early.
A Labor minority government is the out come.
A Conservative high on the list of those who know yesterday full of happiness told me this
Quote, we needed this party polling said if we lost today it would take 12 years to get back in power?
Wonder what he knew?

Belly,
Quite frankly, if minority govt means a series of shady deals with some of the minnows it might be wiser to leave it to the ALP.
Better to sit on the sideline, preserve ones brand name, and watch them die the death of a thousand back flips.
Already in her interview this afternoon, Julia has revised her script : “there is no need for parliamentary reform” ,
which was her line just prior to the election, has suddenly become –“FRIENDS I am all for parliamentary reform”.

The Libs can wait for majority govt. We can get by for the moment on savouring the booting out of Maxine McKew from Bennelong.

PS: When all the rest of the labour fraternity had long faces –why was Kevin Rudd so happy last night (he was positively bubbling over with glee!). Are there some manoeuvrings going on behind the scenes already ? LOL

Examinator,

This election was lost by Labor more than it was won by the Libs. The main issue was competence in Financial management in which Labor got an "F". It didn't help that JG was one of the prime culprits.

The final nail in the coffin was that Labor had no conviction in what they said, and seldom did what they said.

Hassbeen Wrote:
::: It would be funny, if it weren't so hypocritical.

Examinator, you have been touting the greatest scare campaign in history. The global warming scare, developed, & perpetuated to try to force the entire western world to comply with the stupidity of a small click of lefty activists.

Then you have the hide to accuse others, of a scare campaign.

Take care mate, if you look in a mirror, it might just show a pile of something you may not like. :::

Hehehehe! Got a huge kick out of that one :)

In the last 5 yrs our private debt has increased by 71%.Our debt is now greater than our GDP of $1.2 trillion.

Paul keating betrayed all Australians when sold off the Commonwealth Bank.Net profit for the Commonwealth yr ended 30/6/10 was $6 billion.

Through the fractional reserve banking system banks can create in their computers an extra 12% new money in addition to their deposits.This new money is created as debt.

This new money respresents our GDP and inflation.I other words the private banks own your productivity and keep you in perpetual debt in addition to paying higher taxes.

$ 78 billion of new money to equal GDP + inflaton increases is created by our banking system,but much of it is borrowed from OS reserve banks who create it in their computers.Secret Banking business
have made us all debt slaves.

Arjay, I thought we had sorted this out.

>>Paul keating betrayed all Australians when sold off the Commonwealth Bank.Net profit for the Commonwealth yr ended 30/6/10 was $6 billion.<<

1. The Bank paid $2.27 billion to the government in tax. I can guarantee that the country did not have the benefit of that sort of cash while the Bank was nationalized.

2. They also paid $4.5 billion in shareholder dividends, 80% of which stays in Australia - much of it in Super Funds, I suspect.

>>This new money respresents our GDP and inflation.I other words the private banks own your productivity and keep you in perpetual debt in addition to paying higher taxes.<<

Not really. The "new money" has simply been borrowed from the Banks. If we didn't borrow, they wouldn't "make" any new money at all. It's not them. It's us.

If we try to borrow too much, of course, we will run up against the "stop sign", that is the Bank's lending limit - which is calculated as a multiple of their Tier One capital (that's what the "fractional" stuff is all about).

I thought we'd covered all this earlier.

There's no "Secret Banking business" that has "made us all debt slaves."