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The Forum > General Discussion > If the world switched to renewables tomorrow!

If the world switched to renewables tomorrow!

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Butch Abbott wants to put 240,000 people out of work. By not supporting the car industry.
Mining should be nationalized, so we all get a share, instead of Gina grabbing one million / hr for her part.
10% is 1.5 billion.
Gina's part is 2.9 billion. / yr
We shall survive be assured.
Posted by 579, Saturday, 1 December 2012 7:15:46 AM
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579, where did Abbott say he wanted to put 240,000 out of work.
Really, you just made that up !
Now you will say that is what is implied by his policies, or perhaps
I should say, your biased opinion of his policies.
If we are talking about the car industry, then I have personally
experienced the GARO, the Great Australian Ripoff.

Friction, ok that is generated by moving something, where does the
energy come from to move it ?

579, you puzzle me, you seem to come up with a reasonable position
but it is supported by nonsense.
Posted by Bazz, Saturday, 1 December 2012 8:27:45 AM
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579, we can all be a Hancock at any time we choose, simply go out to an arid place, where few even know exist, let alone want to imvest there, and take a risk.

Now whle I accept that Gena may not have taken the initial risk, it's not her fault she is the daughter a one of our all time largest risk takers.

Now if you wish to share in the spoils, all you need do is invest in companies that carry out VERY EXPENSIVE, HIGH RISK exploration.

If they succeed, and you increase your say, $10,000 investment to $1 million, would you be willing to allow others, who didnt take the risk, to share in your million?

I suspect not.

Besides, we already get a piece of the action, in royalties, for absolutely nothing.

So why not be happy with that! After all, we have done nothing for it.
Posted by rehctub, Saturday, 1 December 2012 3:53:59 PM
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579 - Gina get $2 Million dollars per hour not $1 million.

Anyone want to bet she pays a lower rate of tax than the average PAYE Australian.
Posted by Philip S, Saturday, 1 December 2012 7:09:40 PM
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Sounds like sour grapes Phillip.

She would pay exactly the correct amount of personal income tax, then her company, trusts, what ever would pay pay roll tax, land tax, mining tax (there's a joke!) perhaps carbon tax, not to mention the countless amount of PAGY taxes, collected FREE OF CHARGE for the government on behalf of her employees.

I suggest that rather than bag wealthy people, perhaps you should be grateful that they create jobs for thousands, as god knows, it would be all so easy if one had that much money, to simply whack it in the bank and live the high life on the interest, without so much as a single care in the world.
Posted by rehctub, Saturday, 1 December 2012 9:44:34 PM
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rehctub - Actually it is not sour grapes personally she has done a very good job her net worth in 1992 was $75 Million dollars she is now worth upwards of $32 Billion that is impressive.

It was merely an observation on that most people in the very rich category do exactly what I said "pay a lower rate of tax than the average PAYE Australian".

Remember Allan Bond years ago paying only 1cent on the dollar.

Better luck next time with your snide comments
Posted by Philip S, Saturday, 1 December 2012 10:17:53 PM
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