This is the discussion thread for http://onlineopinion.com.au/view.asp?article=16360 while our article discussion threads are out of commission. Thanks for your patience.

the/problem..with govt
is the super top up for those earning too much
ike its just been increased from 190,000..up to 200.000.per year
lets face it giving anyone who in 5 years will have earened 1 million is iNsane/no matter how ya spin it/

they wouldnt qualify for any pension eVer
[yet gET A BRIBE/TOP-UP/...[put in an upper limit/
PLUS THE TAX EXEMPTION

THE OVER PAID..IS THE PROBLEM
20 BILLION WE GIFT TO THE 180,000
[OOPS SORRY 200,000 PLus mob/..too greedy..too needy..your costing us 20 billion taday/for faux-pension you can never collect/let alone qualify for tomorrow

you lot cause the sorry

TOO MANY RICH RECIEVIN 'PRE EMPTIVE PENSION/THEY NEVER STOOD TO COLLECT..JUST BY THEIR WAGES..alone...lol aND HER ASM I CUT OFF FROM PENSION FOR NOT KNOWING WHO THE DOCTOR WAS WHO/CALLED ME a conspiracy THEORIST/,,YEARS AGO/BEFORE MOST OF MY CONSPIRICIES TURNED OUT TRUE..[NOW IM NOT NUTS/THEY SAY GO TO HELL..34 YEARS WITHOUT ANY CASH/BUT THESE ELITES GET FREE SUPER/top-up..hguh

saving pennies screwing me
wehile giving pounds to 200,000 wages.earners..

poor them..HOW DO YOU SLEEP AT NIGHT

I HEAR THERE ARE..father-LESS KIDS..MUMS ..BUT THGeTTING 50,000
YEAH THE RICH KNOW HOW TO GET THAT BIT EXTRAE REALITY IS MOST MUMS DONT..yet every wage earner up to 200thousamnd can/will must[funny ww never heare how much up up these 200,000
eareners recieve...20 billion?

thing is govt pays now/because it claims it wo9nt have the cash tomorrow/but yet today we are paying not only todays pensions/but tomorrows as well.

go to hell..super is a pyramid sceme[a future bubble]
allreaDY THEIVES HAVE STOLEN MOST OF IT/YOU HOld derivitives[side bets/no assets.,EVERY PENNY PUT INTO IT..MAKES US ALL MORE POOR/AS WE PAY A FREAKING TOP-UP/ON YOU NOT EARNING ENOUGH

ENOUGH/.

n

Well, if the aim is to do less with less there's your problem...

"The efficiency dividend applies only to departmental expenses."

Australia's much vaunted egalitarianism should require the the recipients of all government outlays - "programs costs, such as payments to families or subsidies for industry" - to share the same 'efficiency dividend'. In other words to recieve '1.25% to 2.25%' less.

It is interesting use of language to describe as a dividend that which is in fact a negative... but leaving that aside...

To be consistent, or as I like to think of it, democratic, then shouldn't government taxation expenditures also experience the same level of efficiency dividend? Which means that entities enjoying budgetary taxation expenditures would have them decrease 1.25% to 2.25% with the effect of them paying increased taxation revenues?

This would be a real test of how 'over' the age of entitlement the government actually is.

I await the Centre for Independent Studies report on that.

and lest we forget tax breaks for investment housing has inflated housing 40/percent..and it keeps getting worse/recall japan 20 years ago/our houses are the highest in the world

meaning govt bailout investors..by tax breaks/deductions
plus subsidises the 'rent assistance'..so the landlord cleans up hugely

if your rent has fully paid off the house..in twenty years
by what right does this tax avoiding..landlord by stealth..earned any further glory.

also dtrop auto indexation..one tribunal sEMS TO FLOAT too many boats who kick back taking oversize remuneration for late lunches and thinking up sin taxes..onto the poor/minimum wage tax payer/screwed by everyone.[likely still under a work contract extension/causes in their work for the dole ya mug/punitiv abusive colusive treason.

bah

its hapend talking to my self

finally.

Intended consequences:..A)..transfer wealth...[from savers/who once earned..substantial interest..on their savings]..to the banks,..which can borrow CREDIT..for near-zero.

THEN/LOBBY-/govt..and loan ..it out\..via fractional-reserve/leveraging..tenfold[ie create/10-times..more]..out/of..nuthing..but the cash..we gave/them..

then lending/this...'new'...paper/CYBER-CREDIT].to businesses..and consumers..at..fat-spreads,..reaping billions of dollars..IN INTEREST....[EXTRA..that once flowed to/savers.]..but/now..become..huge bonus...INSIDER-TRAITORS/Flash-tradING/COMPUTER CREDITS\carbon-credits..to..max..market can bare.

B)..By making cash..into trash..[and..credit/from..thin air
[fiat paper]..(i.e...it earns..no interest,.effectively losing value MINIMUM..

[In a 2%..inflation environment),..the[bankers-Fed..intended\to push everyone with cash..and/or credit..to put their money..into/high-risk assets such as stocks and real-estate...creating..ARTIFICIAL*..scarcity thus boom-bubble/scarcity..BONUS.[Reaping/others\harvest].

Read..more/at http://investmentwatchblog.com/the-destroyer-of-fake-recoveries-unintended-consequences/#B0j4oWY4F6deoKzZ.99

Unintended/consequences:..A)..Now that..*everyone..*[compulsory-siper]....has been pushed/into stock pyramid-sceme/s and..real estate,.valuations..are once again.,,at bubble heights–and bubbles..always pop,..

but/that's..the good/news..destroying\every participant...who has been lulled..into believing these/bubble's..will never pop..because “the Fed\has\..my back.”[we/want..real-hovt\created/money/back.

B)..By allowing..'market-forces'..mark-to-fantasy valuations..of collateral,..the Fed hasn’t..cleared..the credit system..of impaired debt:..it has enabled..an expansion of bad debt..and eroded the fundamental..credibility..[backbone..of the system...savers]

C)..By enabling/the wealthiest slice of..duel-passort/holding-multinational/ngo-s[autocrats/elites..and their multinational-entities]..to borrow..essentially limitless sums..for free,..[below/in-flation]..

the Fed..has fueled/wealth disparity,..as..the super-wealthy'can buy any/assets..for nearly free..with/Fed-created credit,..[outbidding anyone..in the 99.5%.]

D)..In becoming..the buyer..of last resort..for Treasury bonds and home mortgages,..the Fed has destabilized..the bond and mortgage markets..exchaqnge rates..and undermined..[over rated]..the U.S. dollar...As a result,...the Fed has to taper..its buying/BY/MONERY PRINTING/BYING VIA/BRUSSLES...lest it end up owning..the entire short-term Treasury market...[owing itself/untold..quadrillions]YET/HOLDING..ONLY-USE/LESS..PROMISE.

E)..just/By buying $2 trillion..[in mortgage-backed securities,]...the Fed..(in conjunction with Fannie Mae,Freddy Mac and..the Federal/STATE/NGO..INVESTER/COUNCIL-housing agencies;such as FHA)..has essentially socialized..the mortgage market

HUGE/UNPAYABLE DEBTS.FOR GOCT..[for..invester[fed]..landlords]..
virtually all..home mortgages..are now backed..or issued/by the government-PURSE...[to huge..investment/vehicles/owned..by secret trusts..

[less than 5%..of all mortgages..are privately issued]..and..ARE/not guaranteed..or owned by the..QUASI/FORMER\government..INSTRUMENT.[NOW/PRIVATE-BANKERS..EXCLUSIVE-global franchise][AT/INTRST]

all/this=high treason
http://www.washingtonsblog.com/2014/05/enron-2-0-wall-street-wants-manipulate-state-energy-markets-just-like-manipulates-every-market.html

.Destroy the market’s ability..to price assets,..risk
and credit,..and you..take away the essential information..participants need..to make rational,..informed decisions.

By crushing..the market’s ability/to generate..accurate pricing information..to save the Status Quo..from necessary repricing and reforms,..the Fed/PUBLIC-SERVIANTS..

and the Federal/government'S/GLOBALY..have generated enormously destructive,,[FULLY*-intended]..consequences..that will not/repond to..additional/politically expedient fixes..[BUT/PLENTY..OF NEW/SIN-TAXes.

RE-NATIONALISE..ALL PUBLIC..UTILITIES...IMMEDIATLY.

All the other/..central planning fixes
around the world..share..the same fatal..flaw...austerity/to loot\pillage..public assets[high treason]/plus..debasement..of\hrh-coin...high treason[good thing..we arnt under/war\attack?[we want/ouR COIN-AGE/BACK\JACK/

here-are..mANY LEVELS/OF CORRUPTION
http://xml.nfowars.net/Alex.rss
TO COVER/JUST ONE..[THE BUILDERBERGERS]
http://www.youtube.com/watch?v=LwWqiY0Uy3s
http://www.youtube.com/watch?v=7Z4u3OUllA4
http://www.youtube.com/watch?v=dLdp6hiIghc
http://www.youtube.com/watch?v=axre0PxX3Gw
http://www.youtube.com/watch?v=LKagXFsXtUo#t=15
http://www.youtube.com/watch?v=ceOrJaMBbQM
http://www.youtube.com/watch?v=5B1PX1XeZ_s

ANYHOW..SO WHAT
http://xrepublic.tv/node/9189
WITHOUT..THE ROT../WHOT*CHA....ot

AS YA/GIVE\gave..SHALL-YOU\RECEIVE.

Its infuriating knowing that the leaders of our country are kicking back, enjoying giving themselves regular generous pay rises. Bonuses, and perks, handouts. Pretty well looked after really.
Joe Hocking is certainly adamant that those on low incomes and/or benefits are a huge burden on tax payers. 'Time they started taking responsibility for themselves. Stop expecting to be looked after with handouts and bonuses'. (something about the pot and the kettle?) Despite the yearly income of an aged pensioner or permanently disabled recipient possibly matching the annual politicians tax claim for stationary, they still cant see where the burden lies.
'Peter Martin Economics editor' points out yet another over sight. 'Ultra-high earning Australians DONT pay tax, rather claim millions in tax payers money to have their millions looked after.
And again the other end of the spectrum, the single parent payment affected (despite his/her circumstances?). Then paid parental leave (I know it was a promise), appreciated Im sure but not a necessity.
Stay on at uni, as early school leavers must get a job. But you will need two jobs to survive and pay of your student loan, but wait, now comes with interest.
I recently heard a group of youth workers accompanied several aboriginal youths, having never seen the beach, from an inland WA town to 'Bondi beach'. Lovely gesture and a treat for the kids, but at a cost of $72,000, and not a necessity, the beautiful Broome would have been more practical.
'$534 million', I read, has been cut from Govt funding of Aboriginal programmes. Again another area where handouts are too easily available and taken. Of course there are communities and individuals for whom assistance is necessary, but many have come to expect and demand and therefore dependent.