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Post Australian election

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Offline rustynutz

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Offline Ugly Mongrel

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  • Sorry, but my karma just ran over your dogma.
Sorry.... :-[

It's OK, Rusty, just don't do it again. You know how scared the Toryies get when they sick their head into a room and see a whole heap of facts.
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Offline rustynutz

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Offline Ugly Mongrel

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  • Sorry, but my karma just ran over your dogma.

Offline Doggie 1

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Sorry, I've been laughing too hard to post.  :rofl:
Budget in great shape.  :rofl: :rofl:
That's why they're having to raise Australia's debt ceiling because the finances were left in such great shape.  :rofl: :rofl: :rofl:
 :rofl: :rofl: :rofl: :rofl:
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Offline rustynutz

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Offline Doggie 1

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Before Christmas apparently.
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Offline rustynutz

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So the article was right....Abbott & Joe haven't changed a thing then.... :lol:


Offline Doggie 1

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Yes they have.
I'm feeling much better now we're in good hands.
I'm even sleeping more soundly at night time.  :D
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Offline rustynutz

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If it was in good hands surely the debt should be going down, not up?  :whistler:


Offline Doggie 1

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It would if we weren't living on borrowed money.  :whistler:
Why does this feel like de ja vu?
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Offline rustynutz

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But I thought the great Joe could walk on water?

It seems to me he's just kicking back, scratching his balls and wondering what the "F" he needs to do...  :snigger:


Offline Dazzler

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The share market seems to like the change  :whistler:
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Offline rustynutz

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Treasurer Joe Hockey says Coalition will lift debt ceiling to $500bn

THE Federal Government will move to increase the debt ceiling to a surprise $500 billion from its current level of $300 billion.
Treasurer Joe Hockey this afternoon said the current limit would be reached in December if nothing was done and he wanted to avoid a situation like that in the US.

He said the these estimates in the pre-election budget update would reach $370 billion by 2015-16.

It had been speculated the new Coalition Government would have to lift the ceiling by about $100 billion to $400 billion.

http://www.news.com.au/business/treasurer-joe-hockey-says-coalition-will-lift-debt-ceiling-to-500bn/story-e6frfm1i-1226744632833


Offline Ugly Mongrel

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  • Sorry, but my karma just ran over your dogma.
Labor debt = bad, Liberal debt = good. Get with the program, Rusty. :whistler:
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Offline rustynutz

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Offline Ugly Mongrel

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  • Sorry, but my karma just ran over your dogma.
I knew that...Dave told me so...  :D

And don't you forget it, Rusty. Dave is a wise and learned man. :blubber:
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Offline rustynutz

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Offline Doggie 1

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I know this is very difficult stuff Rusty, but why do you think it is necessary to lift Australia's debt ceiling so soon after Liberal took over?
I'll give you a clue.
Labor didn't have to when they took over from Liberal.
They have to deal with the mess somehow.
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Offline rustynutz

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I know this is very difficult stuff Rusty, but why do you think it is necessary to lift Australia's debt ceiling so soon after Liberal took over?

Um, because Joe doesn't have a clue?  :rofl:

I must remember that next time I'm struggling to pay MY debts...I'll just go increase my credit limit...  :whistler:


Offline Doggie 1

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I know this is very difficult stuff Rusty, but why do you think it is necessary to lift Australia's debt ceiling so soon after Liberal took over?

Um, because Joe doesn't have a clue?  :rofl:

I must remember that next time I'm struggling to pay MY debts...I'll just go increase my credit limit...  :whistler:

The difference being that YOU created the debt.
In this case, LABOR created the debt. You know that. :TutTut:
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Offline rustynutz

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In this case, LABOR created the debt. You know that. :TutTut:

Only some of it....but it seems Joe is looking at creating more...  :head_butt:


Offline Doggie 1

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In this case, LABOR created the debt. You know that. :TutTut:

Only some of it....but it seems Joe is looking at creating more...  :head_butt:

No. ALL of it.
If you recall, they had tens of billions "in the bank" when handed the reigns.
They spent that and more.
Joe has to do what Joe has to do to try to manage the incompetence of the previous government.
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Offline Ugly Mongrel

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  • Sorry, but my karma just ran over your dogma.

Offline Ugly Mongrel

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Offline rustynutz

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Well, you'd hardly expect the Libs to admit it, Dave... :snigger:


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