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Howard breaks his silence: Work Choices should've stayed

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Howard breaks his silence: Work Choices should've stayed

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Old 19th May 2009, 10:17
  #81 (permalink)  
 
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P.A.F comment on page 1.

P.A.F as we have seen all to well, private industry creates wealth for private individuals, a group that has and continues to get more and more exclusive.

No a government does not create wealth, that is not it's job. It's job is to try to redistribute the wealth that private enterprise creates (for the benefit of few).

In that fundamental aim of governance, Howard failed spectacularly, but that was his intention now wasn't it.
(My bold italics.)

No, it was not Mr Howard's aim and I am very sure it is not Mr Rudd's aim.

sumtingwong. Your post is unbelievable! Word for word, straight out of Karl Heinrich Marx!! Why do you believe you are entitled to a social welfare Utopia at the expense of my superannuation investments and the superannuation investments of every other working Australian?

If history proved Karl Marx philosophies did not work in the USSR, North Korea, China, Cuba etc, why do you believe his theories should be the basis for socially responsible governance and community wealth distribution in contemporary Australia?

If those philosophies are where the current Government is taking Australia, stop the bus - I want to get off!

Before you dig a deeper hole for yourself by responding with more ludicrous, inappropriate Socialist dogma, I suggest you read About Australia: Democratic Rights & Freedoms and other Australian internet references to the principles of responsible democratic governance.


Last edited by Torres; 19th May 2009 at 11:08.
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Old 19th May 2009, 12:30
  #82 (permalink)  
 
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I do believe I have posted this (or similar)before...tis but a smidgeon of a slice of aust. demographics...but......I grew up in a household where 'Labor Party' was indeed a very dirty word....I voted Liberal.....I could not bring myself to vote labor... a few years of Howard actually allowed me to easily become a 'swing' voter...when Howard announced that my children and their children should look forward to a life of a bowl of rice a day so that the big end of town could continue to grow I called bull****...at the expense of some of my (then) better performing stocks....why?....Why? If you have to ask you simply do not get it.....

And further to my little story of which I have told before, a very dear friend of mine who grew up in a reasonably affluent East Sydney suburb, espoused to me for a good while how good life was under "Workchoices" (I should add that he had very well off friends, and a family that always blindly followed Liberal party policies no matter what).....................

So along came the last Federal election, my mate blinldly followed, as he always has done and voted Liberal.......unquestionably...............the union came by and showed him just how worse off he was working under workchoices.....he earns considerably more now working under a collectivley agreed award......Feel sorry for the poor guy kinda.... I mean he earns more money now, but doesn;t have the gall to admit that his family history of voting Liberal, to which he feels almost obliged to do, now realises that he can no longer vote Liberal, because as a loyal \blind follower, he now realises they were screwing him to the hilt......

.........He's now lost as a pre-conditioned Liberal voter....42 years of unquestioned loyalty and being indoctrinated lost.........'cos of Howards desire to screw the less fortunate........Well done JWH!, I know not from where the term "Johnny's battlers' came from....but I do know these "Johnny's Battlers" will keep your side of politics on the opposition benches for a good while to come....
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Old 20th May 2009, 01:34
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Torres.

sumtingwong. Your post is unbelievable! Word for word, straight out of Karl Heinrich Marx!!
No it isn't.

Why do you believe you are entitled to a social welfare Utopia at the expense of my superannuation investments and the superannuation investments of every other working Australian?
I don't and have posted nothing remarking social welfare, superannuation, yours or anyone else

If history proved Karl Marx philosophies did not work in the USSR, North Korea, China, Cuba etc, why do you believe his theories should be the basis for socially responsible governance and community wealth distribution in contemporary Australia?
I don't believe that for a moment. That's why I posted nothing of the sort

Torres you made a incorrect assumption and then added on with more incorrect assumptions. I've told your assumptions about what I said are wrong, up to you what you do with that.

Finally

Before you dig a deeper hole for yourself by responding with more ludicrous, inappropriate Socialist dogma, I suggest you read About Australia: Democratic Rights & Freedoms and other Australian internet references to the principles of responsible democratic governance.
Thanks for the tip, read it, enjoyed it. Perhaps I can patronise you in kind and state that before you dig a deeper hole for yourself by responding with more ludicrous, inappropriate, hysterical dogma of your own, I suggest you read my posts

Last edited by sumtingwong; 20th May 2009 at 03:01.
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Old 20th May 2009, 03:17
  #84 (permalink)  
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Look where it got Germany. So far they are in the hurt locker for two world wars and a world cup. A real winning strategy there!
What are you referring to tsalta?
What do you mean by 'it'?
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Old 20th May 2009, 05:31
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RedTBar

I meant either an autocratic, dictatorship or communist government.

tsalta
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Old 20th May 2009, 10:04
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OK. Rather than a p!ssing contest, lets keep it simple.

Your statement:

No a government does not create wealth, that is not it's job. It's job is to try to redistribute the wealth that private enterprise creates (for the benefit of few).
Neither sentence in that statement is correct in fact or principal.
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Old 20th May 2009, 23:23
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Who cares what Johnny boy says. He is gone forever and thank goodness.

He can make these statements 'till true blue in the face but his shadow will never again darken the floor of Parliament.

He just needs to face up to the fact its over.
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Old 21st May 2009, 00:06
  #88 (permalink)  
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Little honest Johnny is probably drumming up a bit of publicity for his talkfest circuit where incredulously people pay a small fortune to listen to him....

Or maybe it's that they are not anymore.....and thats why he coming out with these interviews...
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Old 21st May 2009, 02:24
  #89 (permalink)  
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They're all pretty creepy.
18 months ago I felt a lot happier with the creeps creeping around Canberra than the creep we got now.
At least they were older and had any reformist crap well and truly kicked out of them
Its only your money they chucking around buying themselves a career after all.



Self retired fundee.
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Old 21st May 2009, 09:24
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These acts forced banks to loan
Man, you crack me up!! I can just picture all the poor/unemployed people travelling the world, selling their bundled mortgage-backed securities and credit default swaps, then making off to the Bahamas!

Whatever helps you sleep at night.....
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Old 21st May 2009, 09:38
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Why did mortgage backed securities, etc. start to turn bad?
You seem to have lost the plot. The problem didn't arise because people stopped paying their mortgage- that was an unavoidable consequence of the practice of writing mortgages to people who bankers/brokers knew would default, then bundling those "assets" with legit securities with high-grade investment ratings, then selling them off to unsuspecting investors (such as local councils in Australia). The problem arose because of the deceit involved. Is that really lost on you? You are so caught up in your dogma that you believe it was the fault of the people who believed the sales pitch of bankers/brokers- criminals- so desperate to expand their businesses that they engaged in this sham/con? Madoff is not the problem- it's the stupid people who invested with him? That's what this was- a con on a massive scale.
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Old 21st May 2009, 09:42
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Full of it

P.A.F. You are full of the proverbial! The sub-prime was just the start of it. You seem to be forgetting the effect of corporate debt in the form of CDOs and other variations of derivatives that the likes of WB and other analysts were pointing out for some time. These were taken up by nearly every greedy bank around the world plus everyone wanting everything now and on credit!

PAF, having read your diatribes for the last 12 mths is just too much. I'm tired of pilots, especially ex ADF types full of their own self importance. We don't create anything, just move people around in an ally tube
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Old 21st May 2009, 09:50
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Hows business development at the Q going PAF?
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Old 21st May 2009, 10:03
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He's quite obviously beyond help.
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Old 21st May 2009, 10:09
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Ferris: I find it astounding you equate the two.
Well, I do, because loaning money you know won't be paid back, but selling the debt onwards for someone else to have the default after disguising the nature of the debt is fraud, too. But I digress. You really don't see that wasn't the point of my post? My point was that the crisis wasn't generated by the people defaulting on their mortgages, it was generated by the people who made lots of money writing mortgages to people who they knew would default, then shifting those toxic "assets" on, disguised as something else, before the $**** hit the fan. I'm not going to continue to post the same thing over and over.

If you continue to ignore the obvious, then I'll leave you to it. An inconvenient truth, for you, is it? I know your type well. People are poor etc. because they are stupid and it's their own fault etc. etc. so when highly educated, smart devious and ethically barren 'suits' take advantage of them it's the fault of the poor etc. The only problem, in this case, is those suits created a fraud so massive that it impacted lots of other suits (and eventually all of us). Still, you stick to your guns. Whatever helps you sleep.....
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Old 21st May 2009, 10:18
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No PAF, I don't agree! The sub-prime was just the first domino to fall, the SP lenders were just the first to run out of money when to came to refinance their loans exacerbated by the start of the housing price collpase and therefor not having the equity to refinanace. Surely PAF you're also aware of all the games the SP lenders got up to when it came to getting loans approved?

As to dropping the keys off when a lender gets sick of paying a home loan that's out of the money, well that's been a US thing for years and has nothing to do with the direction for banks to loan to "risky" lenders. Anyway, my understanding was it was a threat, do it or else! They could have called the bluff. Plus look at the behaviour of the bigwigs at Freddie and Fannie, they paid themselves a fortune on their turnover and also did as much as they could to hide how risky their loans were.

Sorry, but YOU also don't create anything! I suggest you go back and review your posts to other PPruners and if you don't like my vomiting on you, sorry but you earned it IMO!
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Old 21st May 2009, 10:49
  #97 (permalink)  
 
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Oh God people just don't bother replying! It's much easier that way! Just sit in the comfort that PAF's heroes are in dissaray and confusion in opposition! Its just so relaxing when you think of it that way! And it will last for a long time to come! Now where were we? Yes getting another big pay rise from our employers! Let's go!




It's all in jest people if someone was getting stirred up! , all in jest!
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Old 21st May 2009, 10:54
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Sorry PAF, but I'm really disappointed in you! You seem to have forgotten that the last 8 yrs Bush was in charge, what, he couldn't get rid of them? The 2 Fs had been donating money to BOTH parties for years and BOTH parties let them go on their merry ways and, yes, banks did just lend to people who couldn't afford it without legislation (from what I've read in US papers), just the threat of what will happen if they don't lend to the very less well off, claiming it was a form of discrimination not to! In addition to this I don't believe it had to be unlimiting, from what I recall they wanted the lending to these people increased. I bet they just saw the ability to make money in the short term.

As to telling people what you do.....uh!! I just gathered from your posts and other Pruners posts you are ex Mil. Why should that disturb you?
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Old 21st May 2009, 11:24
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I wasn't going to post anymore on this, but PAF I just have to. YOU lack the most basic of critical thinking skills I've read.

I may be wrong about the ex Mil tag, but you exhibit that right wing dogma I seen so often of former military people, especially when they have joined at a young age. Are you pilot or politician? Maybe you should consider a career change and save us all.

And no I don't dislike the military, especially the Army, just those who have an even greater sense of self importance than even the average airline pilot displays.

Plus PAF, you are so easy to wind up that there would be very little enjoyment for those who's aim it is. You need to get a life and not spend it all on here.
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Old 21st May 2009, 13:19
  #100 (permalink)  
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Blind freddy now knows the true villians behind our present woes are PAF's fellow comprehensively discredited "neo-liberal" travellers, along with like-minded, untramelled greed worshipping, risk-shifting financial industry parasites.
That is simply rearranging history to suit your own version of events and ignoring the root cause of todays financial problems Jaded Boiler.

Had Clinton and his Democratic gang not insisted that the financial institutions lend to people who had no hope of repaying then a whole lot of todays trouble would have been avoided as the 'risk-shifting financial industry parasites' would not have had dodgy risks to shift. The democratic/socialist solution of throwing other peoples money at a problem has spectacularly failed, again!
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