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Post by pim on Jul 3, 2019 21:49:50 GMT 10
That post by Trickles is a keeper
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Post by Deleted on Jul 3, 2019 22:46:47 GMT 10
In a slowing economy when interest rates are low for too long Banks do not loan business/people will have trouble borrowing money for start-up and expansion expenses. Business can slow down to a crawl because there's no way to fund innovation. Low interest rates effects banks the most.
More demand will push the price up on shares artificially and the big wheelers and dealers will pull their shares and share price will fall...making a big loss for the naive punter.
The government desperate to get everyone spending now people are in record debt up to their eyeball...and when the shit hits the fan, and it will, the big investors will there to clean up.
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Post by Deleted on Jul 4, 2019 7:10:13 GMT 10
And "Wrongie" banks are not lending....
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Post by pim on Jul 4, 2019 12:00:23 GMT 10
You mean your mob have put her on hold until they need her.
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Post by pim on Jul 4, 2019 14:14:35 GMT 10
Oh I'm fine with Labor being made irrelevant. You go on believing that. Your faith is touching, by the way! In the name of the Invisible Hand, the Franking Credits and the Holy Bean Counter. Nice to know that you "believe"! How good is that!! Every time you indulge your hatred of Labor and your obsession with Bill Shorten, we'll remind you about your obsessions with irrelevancies. Meanwhile as Labor is portrayed by the Trickle Down Phils of this world as "irrelevant", and as the ScoMo government grapples cluelessly and in vain with the Big Questions over the next three years, their "Labor Labor Labor" distractions will look more and more hollow.
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Post by Deleted on Jul 4, 2019 14:30:41 GMT 10
The tax cuts were always going to get cross bench support...the LNP were as per usual making it all about Labor so not to focus on the tax cut to the rich in 6-7 years time.
Lending is still way down on previous years....a few people are picking up on the cheaper housing but they are people with money...not your avg family first home buyer.
You Trickle Wrongie have spent so much time basking in the sunlight of ScoMo's arsehole you have cooked your head so much that you could fry and egg on it.
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Post by Deleted on Jul 4, 2019 19:00:04 GMT 10
Son of Scomocchio....
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Post by Deleted on Jul 4, 2019 21:27:18 GMT 10
$8 billion for lower income people, out of $158 bill...it remains a nice little boost for the lower income people, not for those on new start or pensions, the bulk of the funding cuts go to the big end of town...who it makes little difference...a mag wheel for their Maserati about all. Meanwhile the climate is in crisis....so 3 cheers for not having the hydrogen economy kicked off...I got my franking credits.....
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Post by Deleted on Jul 5, 2019 9:25:12 GMT 10
While the low income earners a $500 break/offset is helpful when they are the most with with wage stagnation and cuts to penalty rates, it will help with bills, perhaps a new TV from Harvey Norman, the top earners do not get cuts until 6-10 years, then they will get the tax break of around $11,000....which is also chicken feed to them but a whole lot better than $500 the low income earners receive.
Then there is those on new start getting nothing as with pensioners, what this is... the tax cuts are thinly veiled disguise to hide the real purpose......as the top earners are practising tax minimiszation indeed for many its tax avoidance schemes, the government is thinking the tax cuts to the rich may convince them not to avoid paying tax....now you know.
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Post by Deleted on Jul 5, 2019 21:29:02 GMT 10
Slogans before facts...
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Post by Deleted on Jul 6, 2019 13:31:06 GMT 10
That's the slogan not the facts....yes top earners wages/salaries have increased but not for your avg worker that you care little for...but for people like you that matters not....swearing allegiance to the LNP with your Milton Fried(hisbrain)man neo liberal economics manual in hand.
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Post by Deleted on Jul 6, 2019 14:10:31 GMT 10
Its not all the facts just the misleading half baked slogan....the minimum and low wages is sluggish....in short its not as good as it should be...consider also the cuts to penalty rates.
While the minimum wage did not increase under Labor it was at the time of the GFC...comparing apples with oranges.
Many households — particularly the well-off ones — use all sorts of tools to reduce their taxable incomes: for example, by negatively gearing losses on investment properties; by claiming other business losses; or by transferring assets to family members.
This is particularly true of many retirees, who, under the superannuation arrangements introduced by the Howard government in 2006, can transfer up to $1.6 million into a tax-free, retirement-phase superannuation account.
Again in short all amounts to low wages and and big benefits for the rich considering the future 3rd tier tax cuts is for them and under the Friedman economics that the LNP endorse has slowed the economy and the continuance will only damage the economy and that will result in hurting the rich as well.
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Post by pim on Jul 6, 2019 14:17:09 GMT 10
Pearls before swine, Ponto, pearls before swine
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Post by Deleted on Jul 9, 2019 7:52:08 GMT 10
Yes due to the fair work commission Australia's does have the best minimal wage in the world none the less it remains has one of the greatest gaps between the rich and the poor as the top 20% of the population earn nearly six times as much as the bottom 20%, nor does such a slogan as "The minimum wage in Australia is one of the highest in the world" factor in the most disadvantaged with high cost of living as with rent, public transport, electricity etc etc...if everything was hunk dory as you LNPer's would think there would not a be rising homeless situation.
As bank interest rates are so low people would place money into blue chip shares for more bang for your buck ...Australia is currently riding on high Iron Ore prices which are set to fall next year....and what goes up must come down and with the share market it comes down in a big way....bull and bear market....gains turn into losses.
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Post by pim on Jul 9, 2019 8:37:45 GMT 10
But Ponto, his franking credits are safe and that's all that matters!
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Post by pim on Jul 9, 2019 9:30:30 GMT 10
<ahem!> You forgot this one ... Pearls before swine, Ponto, pearls before swine I believe that according to your (very dodgy) calculus that figure should be 243 I trust that helps
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Post by pim on Jul 9, 2019 9:56:15 GMT 10
244!!! I demand truth in Trickles'accounting!!
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Post by pim on Jul 9, 2019 11:38:36 GMT 10
245
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Post by pim on Jul 9, 2019 12:37:44 GMT 10
When all else fails Trickles flicks the switch to "personal". He starts with the gratuitous stuff regarding age and mental health. In the past he's flicked the switch to "casual racism" and "marital status". Is this what comes next? Just because I put you on "ignore" doesn't mean I don't look at your posts. Actually "ignore" is a misnomer. The software lets me hide your posts so that I don't have to have them in my face. Yes I look at them. I've said as much several times in the past but of course you'll pretend I never said it. All I have to do is click on "Display post" and the individual post is revealed in all its awfulness. All your other posts remain hidden and when I come back to the thread the post I'd looked at beforehand defaults to the "hide post" setting. So when I put you on ignore (and I concede that point - I'll call it "hide post" from now on) all that means is that I can look at it if and when I want to and when I've finished looking at it, it can be ignored again. I much prefer to see a whole page of posts from you that simply say "Display post" than having to scroll past your endless spamming.
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Post by pim on Jul 9, 2019 12:38:28 GMT 10
Why do I get the feeling that I've just cast pearls before swine?
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Post by Deleted on Jul 10, 2019 8:26:16 GMT 10
It would seem the hip pocket was foremost in peoples minds at the election....the destruction of the environment, increasing greenhouse gas emissions, the growing gap between the rich and the poor, the homeless, a party owned by the coal lobby....etc etc ....little of that mattered.....disappointing that the vision of a hydrogen future, electric cars and addressing the societal equality was not upheld .....none the less to be sure I will still take the unsustainable franking credit gift...fuck em..
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Post by pim on Jul 10, 2019 8:47:19 GMT 10
"Fuck the planet, all that matters is that my franking credits are safe" By their values shall ye know them
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Post by Deleted on Jul 10, 2019 10:06:49 GMT 10
Indeed its fuck the planet all that matters is the here and now for LNP voters.
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Post by pim on Jul 13, 2019 10:53:04 GMT 10
Trickles might believe that in voting for this ScoMo mob (Trickles votes for fundamentalist god-botherers and I will never stop reminding him of it every time he trolls his phony "atheism" on the Religion Board and sneers at people of faith) he's made his franking credits "safe". But can pensioners and retirees all breathe a sigh of relief as ScoMo fronts up to Hillsong to receive the rapturous applause of twenty thousand of his fellow Pentecostalist happy clappers and their "Prosperity Gospel" in which the eye of the needle the Bible says the rich have to pass through to enter heaven has been broadened and widened to be an 8 lane superhighway?
Don't be so sure ...
ScoMo's pious bromides on reconciliation with this country's First People, and his appointment of Ken Wyatt, an honest and decent First Nations man from WA who, through both of his parents has the heritage of the Yamtji, Wongi and Noongar peoples as well as an Irish ancestor and an Afghan cameleer forebear. I was pleasantly surprised by his appointment as Minister for Aboriginal Affairs ... and dared to hope that maybe, just maybe, on the fraught and vexed question of reconciliation with the First People of this continent, the Morrison government just might display some redeeming qualities.
But it was a false dawn. During NAIDOC week (NAIDOC week, fer Chrissakes! Talk about timing!) the grubs on the Liberal side came crawling out of the woodwork - the egregious and appalling Craig Kelly and the oleaginous repulsive Eric Abetz (whose SS war criminal ancestor must be cackling with approval from some dark sulphurous pit in Hell) each issued public statements repudiating, condemning and declaring their opposition to any move to campaign for a referendum to enshrine the Uluru Statement of the Heart in the Australian Constitution in order to give effect to its demands, thus inserting a note of racist division into this latest attempt at reconciliation and sinking any possibility of a national consensus.
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Post by pim on Jul 13, 2019 11:41:08 GMT 10
Usual weeping wailing and gnashing of teeth from Trickles because I dare mention him at the beginning of my post so Trickles tries to make the thread all about him. And he ends with a flaccid attempt at a "Labor! Labor! Labor!" distraction which won't work no matter how much he spams the thread.
Trickles with 22,418 posts you are the most public and most ubiquitous member of this board. There isn't a thread that you don't spam. You're impossible to avoid. You trumpet, you grandstand and you bandwagon-hop yourself into each and every nook and cranny of this board. Am I wrong?
You've trolled the Religion Board to the point that in tandem with Prickles you've turned the Religion Board into the Paleo-Atheist Board for Trolls Who Wish Sneer at People of Faith and on this board there isn't an issue that you don't trivialise. If you did it occasionally then it could be indulged by ignoring it. But you put up your agendas everywhere to the point that they can't be ignored.
So if you spam and troll the Religion Board with your sneers at sincere Christians and try to have it both ways by stridently and publicly supporting a government led by a Pentecostal happy clapper with a very nasty track record on human rights and a very nasty economic track record, who leads a government with a very nasty track record on human rights and economic inequality, I'll point it out and call you out post for post although I admit that your record of 22,418 posts will remain beyond challenge.
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