Coming from you, Arjay, that is a very confusing position to adopt.

>>If they don't drop rates now,we will end up like Europe and the USA ie people will lose total confidence and refuse to spend or borrow money.This means we will be all fighting over fewer $ in a collapsing economy.We then spiral backwards and no amount of austerity will reverse that.<<

You have previously given the impression that you are totally opposed to the extension of credit. I seem to recall many, many diatribes against the process - as recently as two days ago...

>>All our new money for inflation + increases in productivity is created as debt<<

Well, stap me vitals, as Mr Shakespeare used to say.

On the one hand you regard the creation of debt to be the work of the devil, and on the other you want more debt, at lower interest rates.

So, which is it to be, Arjay?

With the chaos and continuous scandals we have with this Labor government, and the intense dislike it has garnered with the voting public, I am looking forward to Tony Abbott being sworn in as PM, probably for more than 2 terms.

Lexi yes I read, just last night, about ten pages about Tony Abbott.
Even joke pages, but nothing as funny as hasbeens claims.
Yes Labor is gone,some silly beggar thinks he/she can fatten the pig on market/election day.
Howard knew that could not be done.
And a group of people depriving a few villages of their idiots, think Abbott is so unloved we will change our minds [not us Australians] in the polling booths.
More wait for us to look and see just how progressive this government has been.
Maybe the nigh mare Abbott's mob will be.
Few want to remember we took 07 on promises we broke.
Including one we will suffer for,we are not trusted.
Yes Rudd is the answer but he will not rise again, that can be fixed.
But only after the removal of Gillard.
Growing in NSW and Victoria, soon QLD is hope for future Labor.
Liberal coalition governments are seeing their supporters including business protesting against them.
But let us remember, if we can not confront our problem in office why would swing voters want us
Abbott will never be PM.

For those left wingers that harbor the delusion that there is any chance that Abbott will be replaced as leader, this opinion piece (from the non Murdoch press) neatly sums up the feelings in the coalition camp.

http://www.smh.com.au/opinion/politics/supporters-hope-abbott-pm-will-be-fraser-with-teeth-20120409-1wl2w.html

It will be interesting to see what happens if Mr Abbott
begins to slide in the polls before the next election.

Especially if the Prime Minister continues to do
her job well. If she continues to deliver
good public policy - giving voters substance not sham.
That
just might translate into good politics and discredit
the Opposition's
painting of the government "as the most incompetent in
Australia's history."

Voters are undoubtedly
sick and tired of the digging up of dirt files
and calls for instant elections from the Opposition.
They are sick and tired of the general sense
of political instability. They are sick and tired of
the Opposition opposing almost everything the government proposes.
And most importantly voters may not find the Opposition's "aspirational" policies that inspiring.

Malcolm Turnbull - may just be the alternative that the
Liberal Party will turn to.

The biggest worry this noalition mob have is Tony's negative stance on everything. His string of pledges in blood is starting to conflict, among his fellow colleagues.
The murray darling water, he says he will only support a good plan. He is not saying what a good plan consists of. I do not think they are capable of putting anything together.
The Labor camp should put this one off till after the next election.
It's not going to suite all users no matter what the plan was. It needs to be a joint commitment.
Turnbull would see issues in a clearer light. Abbott has no idea.