Election 2013 Sour Grape Awards

[Jovial_Monk]

Skippy, all governments fuck-up as you put it, but I think most would agree that when it comes to governments doing so...noone has fucked-up more than Labor in the last 6 years.

That'll be a hard act for any new government to follow...

Let us see in 18 months time if we still have:

1. 3xAAA

2. Low unemployment, inflation and interest rates

3. Manageable deficits

Then you can, in your ignorant way sling off at the Rudd/Gillard governments. I have a feeling: no AAA, high unemployment, interest and inflation, a deficit doubled compared to that of 12/13.

[Rorschach]

boofy?
Nope... me, just posting the truth Skip.... something you've never had the balls to accept.
Something you've never been able to accept.

[Rorschach]

Skippy, all governments fuck-up as you put it, but I think most would agree that when it comes to governments doing so...noone has fucked-up more than Labor in the last 6 years.

That'll be a hard act for any new government to follow...

Let us see in 18 months time if we still have:

1. 3xAAA Remember the so-called GFC you keep spouting about Monkey Boy? No....? Credit rating agencies (CRAs) played a significant role in the American Subprime mortgage crisis the so called GFC. The new, complex securities of "structured finance" used to finance subprime mortgages could not have been sold without ratings by the "Big Three" rating agencies — Moody's Investors Service, Standard & Poor's, and Fitch Ratings. A large section of the debt securities market were restricted in their bylaws to holding only the safest securities — i.e securities the rating agencies designated.... you know... "triple-A". The pools of debt the agencies gave their highest ratings to included over three trillion dollars of loans to homebuyers with bad credit (Triple A rated bad credit) and undocumented incomes through 2007. Hundreds of billions dollars worth of these triple-A securities were downgraded to "junk" status by 2010, and the writedowns and losses came to over half a trillion dollars. This led "to the collapse or disappearance" in 2008-9 of three major investment banks (Bear Stearns, Lehman Brothers, and Merrill Lynch), and the federal governments buying of $700 billion of bad debt from distressed financial institutions. Oh yes Triple A credit ratings from the big 3 rating agencies.... yep you can depend on them... not being worth the paper they are printed on.

2. Low unemployment, inflation and interest rates Well we all know I hope that interest rates at current levels are in fact a sign of a bad economy. The RBA keeps putting rates down because the economy has been "dead" for years they do it to try and keep us afloat. Can't be helping self funded pensioners and term investors very much at all eh.

3. Manageable deficits Really you call a Labor party never being able to keep a promise and deliver a surplus management? That an economy with large government debt that will take a decade or more to bring back to surplus if we are lucky, in a world where several countries are looking down the barrel of total collapse is manageable?

Then you can, in your ignorant way sling off at the Rudd/Gillard governments. I have a feeling: no AAA, high unemployment, interest and inflation, a deficit doubled compared to that of 12/13.

from the guy who sucks up Labor propaganda like a baby bovine at it's mothers teat.

[Neferti]

Skippy, all governments fuck-up as you put it, but I think most would agree that when it comes to governments doing so...noone has fucked-up more than Labor in the last 6 years.

That'll be a hard act for any new government to follow...

Let us see in 18 months time if we still have:

1. 3xAAA

2. Low unemployment, inflation and interest rates

3. Manageable deficits

Then you can, in your ignorant way sling off at the Rudd/Gillard governments. I have a feeling: no AAA, high unemployment, interest and inflation, a deficit doubled compared to that of 12/13.

RUBBISH! Your liver, kidneys, brain etc are almost pulp because of your excessive drinking. You will collapse eventually. Your one pathetic little vote for the ALP won't make ANY difference at all! NOBODY CARES about what you THINK Monk.

[Super Nova]

RUBBISH! Your liver, kidneys, brain etc are almost pulp because of your excessive drinking. You will collapse eventually. Your one pathetic little vote for the ALP won't make ANY difference at all! NOBODY CARES about what you THINK Monk.

Yep.

Monk, you should make this your new Avatar.