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The Forum > General Discussion > GFC still here

GFC still here

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Belly, you say i flip flop.

It may well appear so, but i have two points of view. The one tha effects me pesonally and the one that is for the good of the country as a whole. This is why i m a true swinin voter.

Now heres a tip for your lot.

Step aside and allow rudd back in and watch the polls change as quick as th wind.

Question is, can she, or her backers see the forrest for the trees.

As i have said before my two favourite PMs have been bob hawk. and john howard.

Change the leader and get rid of unworkable IR laws ans i may just swing that way.
Posted by rehctub, Saturday, 10 September 2011 11:15:18 AM
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Belly & Rehctub;
You are both right in parts of your posts.
Belly said; Before the GFC we, some, spent far too much , on credit and prices
Rehctub said; we are borrowing 100 million a day just to service debt

All very true, but at the same time it would not have mattered which
pollies had hold of the levers.
There have been economists and oil field engineers and oil industry
financiers who have been yelling their warnings for years but no one
listened to what they were being told.
What is happening now is exactly what they warned of from back in the 1990s.

People do not like to face problems that mean we will all have to
make very significant changes in our life style.
As one US pollie said
"The American way of life is not up for negotiation"

Well he was told that geology does not negotiate.
Similarly our politicians are of the same mind set and just cannot
comprehend what is happening.
They have been told, but they cannot see how to deal with it and at
the same time promise bread and circuses.
As a result they prefer not to know.
Posted by Bazz, Saturday, 10 September 2011 1:40:40 PM
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Bazz,
Chameleons playing ostrich.
Posted by individual, Sunday, 11 September 2011 11:36:38 AM
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Dear Belly,

According to reports in the Fiancial Review - this weeks
National Accounts show that the Australian economy grew
strongly in the June Quarter underpinned by a recovery
from the national disasters, solid growth in consumption and
a further pick-up in business investment.

GDP rose 1.2 per cent in the quarter to be 1.4 per cent
higher through the year - an impressive result in the
context of an uncertain global economy and the patchwork
pressures that some sectors are facing at home.

These figures are a clear demonstation of the underlying
strength and resilience of our economy which continues to
be a stand our performer despite the worst natural disasters
in living memory.

This week's results confirm that the economy has
rebounded strongly from summer's floods, and cyclones, with
exports starting to recover and inventories being rebuilt.

The government must be doing things right in its steady
economic management which has seen the Australian economy
emerge as one of the best performers in the world.

Hopefully they will not be deterred and will continue to
methodically implement their ambitious reform agenda, so
they can keep the economy strong and convert their success
into lasting gains for us all.

One of these areas, as I've stated previously is - their
plans for a world class school education system. They're
attempting to fix years of education neglect and underfunding
left to them by the previous Liberal government.

That's why they oppose Tony Abbott's plan to cut $2.8 billion
from education and abandon Labor's computers in schools and
trade-training centres programme.

Yes, Belly, the GFC is still here - but thanks to our
government - we're doing fine.
Posted by Lexi, Sunday, 11 September 2011 1:07:33 PM
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Belly & Rehcub,
Read Lexi's last post and you will see what I meant.
This the attitude of politicians generally. The cornucopias are in
full flight and think technology and the market will save us all, amen.

It appears that Lexi is one of those like the pollies who don't want to
know and to quote Jo "Now don't you worry".

There is no replacement anywhere near likely that will enable
industrial agriculture to continue. This is the answer for politicians
for why food is increasing in cost. This is the first area that they
need to tackle to mitigate the coming decline.

Lexi mentioned education, the whole curriculum will need to be
revamped as we will not need stacks of MBAs and arts degrees what we
will need is an increase in farmers if we want to feed the population.

Globalisation was not a permanent institution but a transient state
due to the low cost of oil. This is ending and we will need to rebuild
our manufacturing to cope with the needs of the people.
By needs I don't mean stacks of 50 inch flat screens but furniture,
sewing machines, cooking utentils.
We will need railway builders, not motorway builders.

Years ago almost all girls learnt to knit. There is something the
schools could get started on at minimal cost, for there will be less
money for schools as well as everything else.

Remember your grandmother' kitchen ?
That will be a good starting place.
Posted by Bazz, Sunday, 11 September 2011 2:42:03 PM
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Here is another idea for those "clever" politicians;
Change those horse breeding properties up at Scone over from breeding
racehorses to draft horses. It will take many years to breed up the
number that will be needed.
Does anyone think pollies have that much foresight ?
The schools, especially in the country could start training the boys
to handle such horses.

Oh Lexi it is not sexist, its just that such horses need to be handled
by physically strong men.
Posted by Bazz, Sunday, 11 September 2011 2:49:20 PM
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