o sung wu,

"Still, Labour has incurred so much debt over the ensuring six years, (whatever the reasons, good or bad?) something must be done to rein it in. Otherwise our grand children's, grandchildren, will still be re-paying our foreign creditors for the rest of their lives ?"

I appreciate that you believe the things that Joe Hockey is telling the electorate, but you should know that Australia's debt in the wake of the GFC, even with the stimulus is one of the smallest in the OECD.

Check out this graph.

http://www.abc.net.au/news/linkableblob/3727694/data/possum-graph-8-government-debt-as-gdp-data.jpg

Mr Hockey is very good at swagger and looking aggrieved - so be it.

So much for an AAA economy - won't be for long as he sets about dousing economic activity.

As for Abbott, I'm sorry. but this guy was elected reassuring the electorate that he wouldn't be messing with health, education, or pensions, no cuts to the ABC, etc....and since the election has systematically gone back on the majority of his promises. Not just one or two, but many. Added to that, are many other negative initiatives which he gave no hint about when vying for our vote.

I have a problem with someone who has so little regard for keeping his govt's word.

He appears to be a man of very little integrity with an extreme right-wing agenda.

Hi there Poirot...

Thank you once again for replying to my thread concerning the overt aggression enveloping Tony Abbott at the moment. Actually I found the graph you so kindly sent me to be very interesting concerning where precisely Australia sits apropos our Government debt, reflected as a percentage of our GDP ?

Looking at economic data in isolation, similar to those statistics which are shown on this graph, does seem to reflect our Nation in quite a positive light, in terms of our overall debt.

That said, we have almost no manufacturing base here now. Our only real (saleable) commodity, is our mining and farming sector. Even that we have no apparent desire to 'value add' to anything we export ? Even as recently as the closure of the BHP, Newcastle Steel Works, we no longer 'value add' anything from that which we gouge out of the ground anymore ? Why is that ?

POIROT, you mentioned that the many important promises Tony Abbott had made prior to the election, had either been broken, or were about to be broken ? Well, I suppose he and Joe Hockey had to 'wing it' a bit during the campaign, without knowing the precise details of the Labour government's overall commitments ? Regrettably, some of those promises were made, without first fully understanding or being aware, of the exact 'state of the books' as it were ? Consequently, some of those promises may need to be modified, even broken !

It's true, nobody likes to be lied too. Even with the best intentions ? Whether Tony Abbott turns out to be a good leader...well, who knows ? I expect history will be the final arbiter of both the LNP, and the Hon. Tony Abbott ?

o sung wu,

"...Well, I suppose he and Joe Hockey had to 'wing it' a bit during the campaign, without knowing the precise details of the Labour government's overall commitments ? Regrettably, some of those promises were made, without first fully understanding or being aware, of the exact 'state of the books' as it were ? Consequently, some of those promises may need to be modified, even broken !"

Oh really?

I put it to you that their agenda was already clearly marked out by the IPA whose bidding they are doing - and that the LNP election campaign was almost solid deception from start to finish.

You may or may not like to peruse this very long list of broken promises or other commitments the Abbott govt has abolished (most without a hint of their demise before the election)

http://sallymcmanus.net/abbotts-wreckage/

But the best indicator is here...the IPA's wishlist - scroll down for 75 gems of right-wing genius.

Just check off the initiatives already completed
http://ipa.org.au/publications/2080/be-like-gough-75-radical-ideas-to-transform-australia

But when all said and done, what will be will be.

It'll be interesting watching the debacle unfold.

You really should be more careful Poirot, that first link of yours will be counterproductive.

Any intelligent adult human being would start cheering as they read that list, & be in raptures at the finish. Your link will have directed many who would never go to such tripe, to it.

Then again, any fair minded adult would find that there were no broken promises listed, just a pile of green/lefty ratbaggery that has been eliminated.

I'm sure your link has caused quite a few, who did not realise how much good Abbott had done already, to actually find out how well they are going.

What a nasty bit of garbage wrote it. I can see where you get it now.

"What a nasty bit of garbage wrote it. I can see where you get it now."

Yes, Hasbeen you're all class, aren't you.

Typical of your ilk.

POigent/potentate..that's a good chart
here IS AN OTHER CHART
WAR offense spending..
or rather GROSS PRIORI AKA procuring commissioning..of means of destruction..paying for the military industrial confluence..or watching the serfs/while plundering their gold
http://static.businessinsider.com/image/535313a769bedd25694e08e5-1200/image.jpg

wonder how guy faulks..who tried to
kill the long tax paid tally stick's in Parliament house
used to buy one third the main british bank..[recalling that trying to burn them later they burnt some of Parliament down]..we then went bust on the gold/coin..via war bond promise notes

YEAH THE GOLD TRADING CHART

*everyday
3 times all the gold ever actually mined..get TRADED..IN PAPER GOLD
JUST LIKE THE LAST TIME..when the gold guilds over issued redeemable money..[nixon i think ended paper for gold in his day]

so it must have been pre 66..someone decided to give even our silver away/this debased the queens coin= high treason..[during times of war?]

oh well that christian [bible]thing was hugely disappointing