Government Stimulus package. | PUNT ROAD END | Richmond Tigers Forum
  • IMPORTANT // Please look after your loved ones, yourself and be kind to others. If you are feeling that the world is too hard to handle there is always help - I implore you not to hesitate in contacting one of these wonderful organisations Lifeline and Beyond Blue ... and I'm sure reaching out to our PRE community we will find a way to help. T.

Government Stimulus package.

Liverpool said:
I voted for the Libs last election and the one before that as well.

Unlike some posters on here, I am quite open about who I vote for and do not try to pretend that I am "neutral" or a swinging-voter while slagging off one particular party.

If the so-called "swinging-voters" on this forum posted links/articles/views admonishing and praising both sides of politics, then these chameleons would receive much more credit.

I am not sure what this has to do with me? I didn't praise nor slag off Rudd. I didn't praise or slag off Howard. Why are you persisting with this nonsense. It doesn't make sense and has nothing to do with what were talking about.
 
Play Centre said:
I am not sure what this has to do with me? I didn't praise nor slag off Rudd. I didn't praise or slag off Howard. Why are you persisting with this nonsense. It doesn't make sense and has nothing to do with what were talking about.

Don't worry PC - it's just another of Liverpool's hobby horses.
 
Not much to get. It's a bit like the constant Chairman Mao comparisons - no-one understands or even cares except Livers.
 
antman said:
Not much to get. It's a bit like the constant Chairman Mao comparisons - no-one understands or even cares except Livers.

You should care Antman.
Here you have an Australian PM basing himself and some of his ideology on a socialist dictator.......the recent "internet filtering" (or is that censoring of material the Government objects to?) sham a perfect example of this.
 
Are you serious? and how does this apply to the topic at hand?

Pollies of all persuasions have been involved in censorship. They like to protect their own self interest. Howard stifled political debate, the Little Red Book, the American Secret Service in the Parliament, the US with pictures of war dead, and so on and so on.

But how the hell did this become an issue in our discussion of the stimulus package?
 
Play Centre said:
Are you serious?

Yep, very serious.
The internet filtering sham should be something that all Australians should be concerned about.

Play Centre said:
Pollies of all persuasions have been involved in censorship. They like to protect their own self interest. Howard stifled political debate, the Little Red Book, the American Secret Service in the Parliament, the US with pictures of war dead, and so on and so on.

What Comrade Conroy is about though isn't censoring information that is important top secret information or illegal webpages that are a detriment to this society.
He is banning UNWANTED material........read carefully.....UNWANTED.
Which means it doesn't have to be illegal...it just has to be something that the Government doesn't like.....who knows, we get a few Collingwood fans in important Governmental positions and this forum might be a thing of the past... ;)

Play Centre said:
But how the hell did this become an issue in our discussion of the stimulus package?

Topics evolve mate.....don't be so regimented ;D
But to keep you happy...got this from a work colleague on email about 5 minutes ago:


A Stimulus Package
This was an article from the Canberra Times Newspaper on Sunday.
The Business Section asked readers for ideas on "How Would You Fix the Economy?"
This was considered the BEST idea.
This guy nailed it!


Dear Mr. Rudd,
Patriotic retirement:
There are about 4 million people over 50 in the work force;
pay them $1 million apiece severance with stipulations:

1) They leave their jobs.
Four million job openings - Unemployment fixed.
2) They buy NEW Australian cars.
Four million cars ordered - Auto Industry fixed.
3) They either buy a house or pay off their mortgage- ..... Housing Crisis fixed.


All this and it's still cheaper than the "bailout".
 
Well I guess we'll just have to leave it as a difference of opnions. I am looking forward to my payment and will use on my car, you don't approve of it but will accept it and also continue to criticise it.

C'est la vie!
 
Play Centre said:
Well I guess we'll just have to leave it as a difference of opnions. I am looking forward to my payment and will use on my car, you don't approve of it but will accept it and also continue to criticise it.
C'est la vie!

I will continue to criticise the idea....because as I have demonstrated....not everybody is "spending" it as the Government wishes, which makes the idea a mockery.

Instead of allowing people like myself to hoard it in a bank account or under my mattress, where it is not stimulating anything......wouldn't you think the surplus the Chairman had would be better off being spent on infrastructure projects which are long term and more sustainable?

And if he wanted to spend the surplus on a popularity vote stunt like a "stimulus package", wouldn't you think it would have been more beneficial if instead of a cheque for cash...that there was a gift-card posted out which allowed you to spend it at numerous retail outlets and that it expired by a due date and if it wasn't used by this time, the money went back to the Government?

All I am saying that there were far better alternatives to spending the billions of dollars we had.....and I stand by that view.
 
Liverpool said:
Yep, very serious.


A Stimulus Package
This was an article from the Canberra Times Newspaper on Sunday.
The Business Section asked readers for ideas on "How Would You Fix the Economy?"
This was considered the BEST idea.
This guy nailed it!


Dear Mr. Rudd,
Patriotic retirement:
There are about 4 million people over 50 in the work force;
pay them $1 million apiece severance with stipulations:

1) They leave their jobs.
Four million job openings - Unemployment fixed.
2) They buy NEW Australian cars.
Four million cars ordered - Auto Industry fixed.
3) They either buy a house or pay off their mortgage- ..... Housing Crisis fixed.


All this and it's still cheaper than the "bailout".

I'll give my stimmy back for this. Great idea, :clap :clap :clap :clap I'm all for it
ps. I turned 50 last year :hihi
 
Liverpool said:
I will continue to criticise the idea....because as I have demonstrated....not everybody is "spending" it as the Government wishes, which makes the idea a mockery.

If it was Howard ot Turnbull doing it you would be applauding - and both of these would do it if they saw it helping the well off.

Liverpool said:
Instead of allowing people like myself to hoard it in a bank account or under my mattress, where it is not stimulating anything......wouldn't you think the surplus the Chairman had would be better off being spent on infrastructure projects which are long term and more sustainable?

Please hoard it in your bank because that gives the bank more funds to loan - if it is under your mattress - what did you say your address was again? :)

That is exactly what is happening now - the schools stimulus capital works package. Infrastructure projects take time to get the money into the economy - The Australian economy needed an injection of money now not at the end of the year or early next year - by then the unemployment rate and the associated monumental fall in the economy would have taken grip - we have slid now not fallen and the school infrastructre packages will pick up and add to the money circulating through our economy because of the stimulus

Liverpool said:
And if he wanted to spend the surplus on a popularity vote stunt like a "stimulus package", wouldn't you think it would have been more beneficial if instead of a cheque for cash...that there was a gift-card posted out which allowed you to spend it at numerous retail outlets and that it expired by a due date and if it wasn't used by this time, the money went back to the Government?

All I am saying that there were far better alternatives to spending the billions of dollars we had.....and I stand by that view.

No better alternatives have been put forward by the Opposition - nor the worlds great economic minds who incidently told every western world Government to spend spend spend to help your economies............

Stand by your view - I admire you for that - I also admire a person who admits when they are wrong too......
 
RemoteTiger said:
If it was Howard ot Turnbull doing it you would be applauding - and both of these would do it if they saw it helping the well off.

Not at all Remote.
Just because I have voted Libs in the past and agree with the majority of their ideas doesn't mean I support EVERYTHING they do.
And I am still not sold 100% on Turnbull either.

RemoteTiger said:
That is exactly what is happening now - the schools stimulus capital works package. Infrastructure projects take time to get the money into the economy - The Australian economy needed an injection of money now not at the end of the year or early next year - by then the unemployment rate and the associated monumental fall in the economy would have taken grip - we have slid now not fallen and the school infrastructre packages will pick up and add to the money circulating through our economy because of the stimulus

Exactly why a gift-card or voucher or one of those 'gift credit cards" you see at the post-office......these types of things with a due date on them, and you have your 'spend spend spend NOW' scenario.
A cheque into cash and under the mattress does what again?
Diddly squat!

RemoteTiger said:
No better alternatives have been put forward by the Opposition - nor the worlds great economic minds who incidently told every western world Government to spend spend spend to help your economies............
Stand by your view - I admire you for that - I also admire a person who admits when they are wrong too......

Well, considering the Chairman and Comrade Swan were warning everyone to "tighten their belts" and to watch out for the "dreaded inflation genie" then not every Government in the western world was onto the 'spend spend spend' mantra. ;)
 
Some posters say we are "all in this together"...does that include the dead? :-X

Rudd wastes $40 million paying stimulus bonus to dead, expats
THE Rudd Government has wasted $40 million by paying the $900 stimulus bonus to tens of thousands of dead people and expats.
The revelations are expected to unsettle the Government's efforts to sell its $42 billion stimulus package as a nation-building scheme.
Confidential Australian Tax Office documents show the bonus has been paid to the estates of 16,000 dead people while another 27,000 Australians living overseas have struck it lucky.
The Australian Tax Office warns the cost of payments to the dead is likely to top the $14 million so far issued to deceased estates. The documents also confirm prisoners are receiving the $900 payment.
More than $11 million also was spent on marketing the cash splash, which has seen about $8 billion paid to 8.7 million Australians.
Despite racking up more than $300 billion in debt, the Government is sending $25 million in bonus payments to Australians living overseas
.

http://www.news.com.au/heraldsun/story/0,21985,25548465-661,00.html
 
Liverpool said:
Some posters say we are "all in this together"...does that include the dead? :-X

Rudd wastes $40 million paying stimulus bonus to dead, expats
THE Rudd Government has wasted $40 million by paying the $900 stimulus bonus to tens of thousands of dead people and expats.
The revelations are expected to unsettle the Government's efforts to sell its $42 billion stimulus package as a nation-building scheme.
Confidential Australian Tax Office documents show the bonus has been paid to the estates of 16,000 dead people while another 27,000 Australians living overseas have struck it lucky.
The Australian Tax Office warns the cost of payments to the dead is likely to top the $14 million so far issued to deceased estates. The documents also confirm prisoners are receiving the $900 payment.
More than $11 million also was spent on marketing the cash splash, which has seen about $8 billion paid to 8.7 million Australians.
Despite racking up more than $300 billion in debt, the Government is sending $25 million in bonus payments to Australians living overseas
.

http://www.news.com.au/heraldsun/story/0,21985,25548465-661,00.html
Dear me Mr Rudd & Mr Swan,you are out of your depth
 
mb64 said:
Dear me Mr Rudd & Mr Swan,you are out of your depth

If Mr Krudd had used my method of distribution http://www.puntroadend.com/yabbse/index.php?topic=35212.60 this debacle woud not have occured.
 
Interesting how you and the media pick up on the Rudd Government errors but never seemed to talk about or get upset about the lies and mistakes of the Howard Government - do I smell a touch of Right Wing bias?

Plus I have said this ad nausium on here the government stimulus has enabled my two shops to maintain the current level of 22 staff - before the 1st stimulus hit in December 2008 my accountant and my partner were drawing up plans on who will go and who will stay. Since the stimulus has hit the streets our revenue has stablized.

By keeping on 22 people in my business they have received a fortnightly wage which they spend at the baker, cloths shops, watch repairers, pubs, restuarants, grocery stores - and those businesses have been able to keep their staff on - who in turn come to my shops and buy. It goes around and around and around.

And lastly for the fervant right wingers the opposition plan was all about infrastructure projects and tax cuts/business tax cuts - plus it would have put the country into a similar state of debt. Infrastructure projects take too long to get the money churning through the economy as we are witnessing - even with the Rudd Government's fast tracking of projects. Tax cuts only benefit those that are earning - most would have been laid off by now - and guess what the tax cuts would have been saved just like parts of the stimulus package have been (which in itself is not a bad thing) and business tax cuts would have been hoarded by the businesses and not released into the economy until those businesses were convinced the economy was going to turn around.

In other words the Liberals would look after their voter base - the wealthy and higher middle class earners while the Labor Government is endeavoring to look after all. Even the dead and ex-pats.
 
RemoteTiger said:
Interesting how you and the media pick up on the Rudd Government errors but never seemed to talk about or get upset about the lies and mistakes of the Howard Government - do I smell a touch of Right Wing bias?

Plus I have said this ad nausium on here the government stimulus has enabled my two shops to maintain the current level of 22 staff - before the 1st stimulus hit in December 2008 my accountant and my partner were drawing up plans on who will go and who will stay. Since the stimulus has hit the streets our revenue has stablized.

By keeping on 22 people in my business they have received a fortnightly wage which they spend at the baker, cloths shops, watch repairers, pubs, restuarants, grocery stores - and those businesses have been able to keep their staff on - who in turn come to my shops and buy. It goes around and around and around.

And lastly for the fervant right wingers the opposition plan was all about infrastructure projects and tax cuts/business tax cuts - plus it would have put the country into a similar state of debt. Infrastructure projects take too long to get the money churning through the economy as we are witnessing - even with the Rudd Government's fast tracking of projects. Tax cuts only benefit those that are earning - most would have been laid off by now - and guess what the tax cuts would have been saved just like parts of the stimulus package have been (which in itself is not a bad thing) and business tax cuts would have been hoarded by the businesses and not released into the economy until those businesses were convinced the economy was going to turn around.

In other words the Liberals would look after their voter base - the wealthy and higher middle class earners while the Labor Government is endeavoring to look after all. Even the dead and ex-pats.

Ridiculous statements.

Stimulus package is possibly the dumbest decision ever made by a ruling government. Short term knee jerk decision with potentially long-term negative consequences.

Tax cuts saved, business tax cuts hoarded, infrastructure projects take too long to have an effect.....sheesh, you sound like you're on the Rudd payroll. The only decent recent decision is the 50% small business tax break. (if it gets through parliament)

Labour attemtping to look after all is probably the only thing you got right - attempting being the operative word. Unfortunately in their attempt to even things out they only hurt more than they help in the process.
 
Big Cat Lover said:
Ridiculous statements.

Stimulus package is possibly the dumbest decision ever made by a ruling government. Short term knee jerk decision with potentially long-term negative consequences.

Tax cuts saved, business tax cuts hoarded, infrastructure projects take too long to have an effect.....sheesh, you sound like you're on the Rudd payroll. The only decent recent decision is the 50% small business tax break. (if it gets through parliament)

Labour attemtping to look after all is probably the only thing you got right - attempting being the operative word. Unfortunately in their attempt to even things out they only hurt more than they help in the process.


Another guy with only a right eye - That is why every western government has pushed stimulus packages into their economies and why the World Banking Forums urged them to do so- they must be all *smile* dumb - and you are the only one with intelligence

Short term knee jerk - we are still getting money flowing through the economy from the December Stimulus - and its kept jobs - bet you would be whinging big time if the stimulus package had not happened and we were still waiting for the Infrastructure projects money to hit and you or your loved ones got laid off - you'd blame that on the government for inaction.

Sheesh you sound like your on Turnbull's payroll - and he has the money too being in the Australian top 200 rich list in BRW - and he made his money out of Merchant Banking the very industry that put the world in this *smile*.

All front and no foundation is Turnbull = another *smile* Andrew Peacock -

When are the parties of the right going to wake up that Australia's next Prime Minister is not Turnbull - is not Costello but is Take-No-*smile* Hockey - born to lead this country - put him in charge of the Libs/NP and Rudd would be swept out next election.
 
Oh god, a pampered rugby bogan frat boy from the northern beaches of Sydney as our next PM? At least Turnbull is a man who has made something of himself.
 
RemoteTiger said:
Sheesh you sound like your on Turnbull's payroll - and he has the money too being in the Australian top 200 rich list in BRW - and he made his money out of Merchant Banking the very industry that put the world in this sh!t.

At least he had the foresight to make his own money....unlike your hero, the Chairman, who has ridden on the coat-tails of his missus.

RemoteTiger said:
Another guy with only a right eye - That is why every western government has pushed stimulus packages into their economies and why the World Banking Forums urged them to do so- they must be all *smile*ing dumb - and you are the only one with intelligence

Its called "popular politics".
No Government in power wants to have the burden of going to their next election having their country's economy go down the toilet while they were in the hot-seat....whether it was their fault or not.

Even one of your other heroes, Paul Keating, doubts the stimulus package:

http://blogs.abc.net.au/queensland/2009/02/is-the-governme.html

Take the Chairman.....dodging in the media since the budget from saying the word "billion":
http://www.theaustralian.news.com.au/story/0,,25509828-7583,00.html?from=public_rss

The whole term of this Government has been about spin and *smile*.

The stimulus package the Chairman has donated is simply more spin and *smile* to buy votes for the short-term, so when the election comes around it will be "remember the $900 I gave you? I'm Kevin07....visit my facebook page and vote for me!"
....but I'm tipping there won't be a mention of the $300-billion debt that will take 20+ year to pay off.
I wouldn't have thought the way to get out of a deficit was to have something like a stimulus package where youa re spending even more?
But hey, I'm sure Swanny and co. know what they are doing.....uhm....right? :-\
:rofl

What we are experiencing Remote is the typical cycle.
Libs have surplus.....ALP *smile* it and spend, spend, spend and put us into deficit......then the Libs come back in and have to make hard decisions to try and get us back into shape again and then when the people don't like the lack of expenditure on things like infrastructure, then they vote the ALP back in again to spend, spend, spend.
What we are now experiencing is the "spend, spend, spend" cycle......the difficult question now is, is there anyone good enough within the Lib party to resurrect the economy if they do somehow get back into power? :help
If not, then we are screwed for a long time. :-\
 
< ETS | K-rudd >