Reasons not to vote for the Coalition
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Re: Reasons not to vote for the Coalition
It is true, IQless. I worked it out in detail (here somewhere IIRC) and backed it with quotes.
E.g. Turnbull said the deposit guarantee should be $25K max. That would have seen people/companies hastily pulling money out and creating other accounts and putting 25K into them and this activity could have easily started a run. The nature of banking means that when a large propertion of customers come for their money the bank doesn’t have it.
Can you imagine the disaster if say the ANZ had failed? (ANZ is the smallest of the Big 4.)
E.g. Turnbull said the deposit guarantee should be $25K max. That would have seen people/companies hastily pulling money out and creating other accounts and putting 25K into them and this activity could have easily started a run. The nature of banking means that when a large propertion of customers come for their money the bank doesn’t have it.
Can you imagine the disaster if say the ANZ had failed? (ANZ is the smallest of the Big 4.)
Last edited by Jovial Monk on Sat Nov 24, 2012 12:04 pm, edited 1 time in total.
- IQS.RLOW
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Re: Reasons not to vote for the Coalition
More lies, no evidence, pure speculation.
You really aren't very good at this

You really aren't very good at this

Quote by Aussie: I was a long term dead beat, wife abusing, drunk, black Muslim, on the dole for decades prison escapee having been convicted of paedophilia
Re: Reasons not to vote for the Coalition
The Libs voted against the second stimulus. In office I bet they would not have tried to stimulate, maybe tax cuts for the rich but that has fuck all stimulatory effect. Costello would have fallen to pieces in the crisis.
Re: Reasons not to vote for the Coalition
Turnbull did propose a $25K limit on bank accounts. He also, no doubt on Gretch’s advice quickly pulled money out of an investment trust.
Those are matters of record.
e.g. Australian Conservative:
Thank fuck Rudd did not listen to this rubbish!
Those are matters of record.
e.g. Australian Conservative:
http://australianconservative.com/2008/ ... -turnbull/" onclick="window.open(this.href);return false;Rudd must fix bank guarantees: Turnbull
“The Prime Minister and Treasurer have now been delivered a clear message from both the major banks and the Opposition that the Government must fix its bungled wholesale term funding and bank deposit guarantees, Opposition Leader Malcolm Turnbull said today.
“Australia’s major banks and the Opposition are jointly calling on the Government to:
• present legislation to provide for an appropriation to give effect to the wholesale term funding guarantee for Australian deposit-taking institutions; and
• wind back the unlimited bank deposit guarantee from $1 million to a cap much closer to that proposed by the Coalition.
Thank fuck Rudd did not listen to this rubbish!
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Re: Reasons not to vote for the Coalition
For starters Monkey Boy, Turnbull is not a Conservative he is a Progressive or moderate if you like.
There was a report out a couple of months ago that stated that the stimulus package was a failure and had little impact on the so-called GFC in Australia. In other words all the money sent out to individuals was largely banked and didn't provide a stimulus effect to the economy.
Let me know when that one sinks in and I'll try for the next piece of enlightenment for you.
Here's a clue... almost everything Labor tells you is propaganda, not fact..
I can't believe you are so dumb/gullible/ignorant JM.
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There was a report out a couple of months ago that stated that the stimulus package was a failure and had little impact on the so-called GFC in Australia. In other words all the money sent out to individuals was largely banked and didn't provide a stimulus effect to the economy.
Let me know when that one sinks in and I'll try for the next piece of enlightenment for you.
Here's a clue... almost everything Labor tells you is propaganda, not fact..
I can't believe you are so dumb/gullible/ignorant JM.



DOLT - A person who is stupid and entirely tedious at the same time, like bwian. Oblivious to their own mental incapacity. On IGNORE - Warrior, mellie, Nom De Plume, FLEKTARD
Re: Reasons not to vote for the Coalition
Tony is in trouble.
The carbon tax issue is now tracking against him, and he still sucks as preferred PM.
The carbon tax issue is now tracking against him, and he still sucks as preferred PM.
- Rorschach
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Re: Reasons not to vote for the Coalition
You rely on the propagandising of a political idiot to make your case Arsie?
As for the single poll on the tax as referenced... it will take time before the full impact of the tax is apparent to most Australians.
Rusted-ons of course will be in denial.
Lots of people at the lower end of the pay scale are already well aware of it.
As for the single poll on the tax as referenced... it will take time before the full impact of the tax is apparent to most Australians.
Rusted-ons of course will be in denial.
Lots of people at the lower end of the pay scale are already well aware of it.
DOLT - A person who is stupid and entirely tedious at the same time, like bwian. Oblivious to their own mental incapacity. On IGNORE - Warrior, mellie, Nom De Plume, FLEKTARD
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Re: Reasons not to vote for the Coalition
Just an inkling of the Abbott elitism....
Promise (non core of course)
Promise (non core of course)
During the 2004 Federal Election, Tony Abbott, the then Minister for Health and Ageing, made a promise that the Medicare Safety net would not be raised.
This is part of the interview that went to air on the ABC’s 4 Corners, on September, 6, 2004.
TICKY FULLERTON: Will this Government commit to keeping the Medicare-plus-safety-net as it is now in place after the election?
TONY ABBOTT: Yes.
TICKY FULLERTON: That's a cast-iron commitment?
TONY ABBOTT: Cast-iron commitment. Absolutely.
TICKY FULLERTON: 80 per cent of out-of-pocket expenses rebatable over $300, over $700?
TONY ABBOTT: That is an absolutely rock solid, iron-clad commitment.
Source: http://www.abc.net.au/4corners/content/ ... 193609.htm
However, in 2005, Tony Abbott and the Howard Government raised the Medicare Safety Net threshold from $300 to $500 for lower income families, and $700 to $1000 for everybody else.
In an interview with Laurie Oakes that took place April 17, 2005, Tony Abbott defended his broken promise by stating:
“Well, Laurie, when I made that statement, in the election campaign, I had not the slightest inkling that there would ever be any intention to change this. But obviously when circumstances change, governments do change their opinions, and that is actually the responsible course of action.”
- Rorschach
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Re: Reasons not to vote for the Coalition
So what's your point mantra?
Nothing changed and Julia broke her promise to the Australian people re a Carbon Tax and she was PM... not just a Minister.
Ain't no elitism in that excerpt mantra.
Nothing changed and Julia broke her promise to the Australian people re a Carbon Tax and she was PM... not just a Minister.
Ain't no elitism in that excerpt mantra.
DOLT - A person who is stupid and entirely tedious at the same time, like bwian. Oblivious to their own mental incapacity. On IGNORE - Warrior, mellie, Nom De Plume, FLEKTARD
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Re: Reasons not to vote for the Coalition
The legislation was being abused and the Coalition knew it. Those on lower incomes couldn't afford laser treatment, liposuction or cosmetic surgery and in many cases couldn't afford even an appointment with a specialist - yet all taxpayers had to pay for it. The Coalition don't believe in means testing.
A GP who claimed $8000 from Medicare for a 20-minute consult is among the cases cited by the government for tightening the Extended Medicare Safety Net.
Across-the-board caps on safety net use, aimed at saving $95.2 million over four years, were broadly welcomed in a budget that otherwise subjected GPs to cuts in incentive payments and increasingly onerous conditions on others.
Health Minister Tanya Plibersek said 99% of standard GP consults had claimed a fee of under $90 but “some providers have charged $5000 and one provider has charged $8000”. Ms Plibersek’s office declined to give further details.
She said the safety net caps would crack down on instances where Medicare may be subsidising purely cosmetic procedures such as liposuction, eyelifts, vulvoplasty or labioplasty, nose jobs, removal of non-cancerous skin lumps and lesions, and non-cancerous male mastectomies.
http://www.medicalobserver.com.au/news/ ... safety-net
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