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The Forum > General Discussion > Has the Coalition DOUBLED Australia's deficit? Yes, and here's the proof.

Has the Coalition DOUBLED Australia's deficit? Yes, and here's the proof.

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none of the righties here have been able to successfully refute the "fact" that the Coalition, in just 7 short months, has doubled the deficit.
Nhoj,
Well, these are ABC figures aren't they ? Can you prove they're correct ?
Posted by individual, Thursday, 8 May 2014 6:29:48 AM
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Bazz,

"As soon as I saw the $8 billion to the RBA was included I knew it was
an ABC branch of the ALP fraud.
For Mhoj's information the RBA is part of the government.
For example left pocket and right pocket !
Got it ?"

Wow!

You do realise that the govt "borrowed" the $8.8 billion to give to the RBA?

It's not just a case of shifting $$$ around.

The RBA neither asked for the money or needed it, being content to build up its own reserves without paying the govt a dividend.

Eleventy Joe funnelled that "borrowed" money to the RBA so that the govt could take a regular dividend...it's a govt revenue raiser.

Got it?
Posted by Poirot, Thursday, 8 May 2014 7:17:17 AM
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I Would just ike it noted
that qld state debt=85 bilion
[owed by 3 million][collectivly]..[30,000/individualy]

and GOVT IS PANICKING...FEDERALLY.BECAUSE WE GOT 30/billion
oweD BY 22 million.. [ie INDIVIDUALly..WE owE a bit over a grand each/federally]

i claim the state debt is federal debt..WHEN HOWARD WANTED ALP
AND ALP WANTED REASON TO SPEND UP EVEN bigger/refused tobe reigned in
THOSE WHO GAINED MUST RETURN THAT//THEY LOBBIED TO BUY..[ASk ME WHY]

and federaly govt simply needs issue bonds TO PAY IT OFF
THESE GET HELD BY THE FED/AND RETURNED.AS CREDIT/THE FED HAS NO RIGHT TO ON-SELL GOVT DEBT INTOM OUR POCKETS[ITS ODIOUDS Debt/thus criminal as well]

but i have other issUES/
but..its time to move on
BUT ITS TIME TO0..TO SUE INDIVIDUALS/..AS THE NEUREMBERG DEFENCE WILL FAIL TOO...IF THEY DONT..begin locking up REAL VIOLENT-criminaLs in jails.[the real crooks]..thieves/bash aRTISTS CON MEN kiddy tapists..and ELITIST SCUM...THEN DREAD THE TIME SHORTLY that is come.
Posted by one under god, Thursday, 8 May 2014 7:47:00 AM
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Nhoj, you are such a toss. How can you claim that I said every imigants in the past 100 years has been funded with borrowed money.

If you are trying to upset me, go right ahead, but please stick to facts, like your problem with the deficit. Are you aware that's a forecast!

Are you also aware that labors last forecast has been proven to be way under estimated.

You are typical of most Internet trolls, as once you get presented with a counter argument to your twisted logic, you try to divert the conversation and turn it around in your favor. Now that's fine, if you relied on facts.

As I said, you are a classic toss.
Posted by rehctub, Thursday, 8 May 2014 8:36:27 AM
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Butch old boy 68.5 billion has been added to the deficit in seven months
It is not in the future it is now.
Posted by 579, Thursday, 8 May 2014 9:04:38 AM
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rehctub,

"Are you also aware that labors last forecast has been proven to be way under estimated."

Proven by whom?

Hockey's MYEFO crock?

That's not an independent Treasury assessment....that's Mr Hockey cooking the books.

"You are typical of most Internet trolls, as once you get presented with a counter argument to your twisted logic, you try to divert the conversation and turn it around in your favor. Now that's fine, if you relied on facts."

Well, Lol!, Lol!, Lol!

When you come up with some "facts" as opposed to Hockey spin - please let us know.
Posted by Poirot, Thursday, 8 May 2014 10:18:45 AM
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