- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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The Senate is an uphill battle because it's the people who were re-elected alongside Obama's win in 2012, and the House is gerrymandered to hell.
On the other hand Trump is a hell of a target to run against.
If Trump has driven the country into a recession by then and made life worse for the rednecks who voted for him originally, and democrat voters are outraged and motivated enough to actually get out and vote it might be doable.
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Feb 2, 2017 09:37
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May 4, 2024 18:03
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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I wish I could have seen Turnbull's face as he tried being all puffed up statesman like at first then realised he was being talked down to by a shouty reality TV show host who considered him to be less than nothing.
Probably the same look as whenever he tries being all puffed up statesman like and he realises he is being talked down to by an onion eating reptile
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Feb 2, 2017 11:07
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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There's talk of exporting our service industries. How the gently caress do you do that (other than drive professionals overseas because we're poo poo) ?
I sure hope they're not expecting our internet to withstand the effort.
I think it's a bit like hosting a call center that makes money by taking calls from overseas. Except more agile or something
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Feb 2, 2017 11:18
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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it'll be the 'hot booty ebony' page that gets him dumped as a candidate
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Feb 2, 2017 21:08
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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i wonder if turnbull has the balls to cancel the joint strike fighter deal or something in retaliation
actually no i don't of course he doesn't
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Feb 2, 2017 21:21
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Why don't labor call a vote on it?
and make an issue they can use to bludgeon the LNP with go away?
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Feb 6, 2017 21:27
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Very interesting. I would've assumed Abbott is a Trumpist. What is he trying to do here?
Nah, I think he's more of the old-school style conservative that considers Russia the bad guy, a bit like the traditional sort of republican in the US.
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Feb 9, 2017 21:13
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Wtf can The Greens even do about being replaced as the protest third party at state levels? Wait it out? Blame Left Renewal?
lose the overt association with the environmentalist movement.
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Feb 12, 2017 01:12
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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I wonder how that will play out among moderate liberal voters?
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Feb 12, 2017 05:34
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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A Shooters, Fishers and Farmers rep just joined the fishing forum I'm on , what would be the best way to troll him. He's already claimed that having guns is the only thing stopping the socialists from banning fishing.
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Feb 13, 2017 09:11
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Lifejackets while rock fishing.
EDIT: Why are socialists anti-fishing? Surely they'd want people fishing in order to share the fish around, right?
Well yeah, and I'm pretty sure the Soviets were right into that, plus whaling and clubbing baby seals and whatnot.
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Feb 13, 2017 09:21
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Troll him at election time. Ask him for proof that he's who he says he is (photo with the date and forum username or something like that). Document it. Then just casually ask a bunch of questions bout stuff and document all the horrible poo poo he says. Then at election time dump his horrible responses on twitter or anonymously to the media.
Dude's name is possibly Ethan Boris, or some variation thereof. I had a quick google search but couldn't find anything that stood out.
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Feb 14, 2017 10:34
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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hahahahah
"outlaw negative gearing"
Jesus these guys have such weaselly language. Oh we have a budget problem maybe we should stop giving people a massive discount on their tax just because they own an appreciating asset? Maybe we should get rid of the massive concessions for flipping that appreciating asset? Maybe we should do all this because we have a housing bubble and totally unaffordable housing?
NAH WOULDN'T WANT TO MAKE ALL THOSE MUMS AND DADS OUTLAWS
EDIT: As if negative gearing is some natural thing that they're banning rather than a loving tax break they're phasing out.
The CGT discount exists for a good reason, I guess they're happy to sacrifice that as long as they get to keep their precious negative gearing though
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Feb 16, 2017 10:54
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Because it is intended to ensure people aren't taxed for gains arising from inflation. Even if you don't agree with it, at least there is some rationale unlike negative gearing which exists purely because some cunts in suits want more money
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Feb 16, 2017 11:33
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Yeah but inflation isn't 50%
I don't think it works the way you think it does.
Actually the effect is usually more than 50% of capital gains. There was an article in The Conversation about it and the deductions when indexation was were higher than today.
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Feb 16, 2017 11:42
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Theres a lot of qualifiers to that. It depends what inflation is doing. If inflation is low, which it has been for recent history, then the 50% discount is much more generous than if you used indexation.
You're really just talking about housing. If you have long-term assets and high inflation the discount is worse. They majority of people that utilise the discount though are flipping this short-term where the discount is very generous.
Sure, and maybe there's an argument for doing some more modelling to get the discount closer to what the indexed discount would be. But honestly that difference is probably small beans compared to the financial and social cost of negative gearing so I think that needs to be the primary target.
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Feb 16, 2017 21:06
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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I thought this was interesting
quote:Never mind the politicisation of energy and carbon policy – the market and legal system is moving rapidly to instil the discipline and punishment the government isn't game to discuss.
That was the core of the climate change bombshell dropped by the Australian Prudential Regulation Authority on Friday. The policy vacuum will be filled by the personal liability of company directors and the disclosure requirements of financial regulators.
If the ABC's Insiders program and the federal Environment and Energy Minister, Josh Frydenberg, are any guide, Canberra hasn't yet grasped the importance of the speech by APRA executive board member, Geoff Summerhayes, to the Insurance Council of Australia forum.
In keeping with the Paris Agreement Australia has signed and the Financial Stability Board's (FSB) policy development, APRA leaves no room for climate sceptics. Both the obvious physical and perhaps less obvious "transition" risks of climate change are real and present dangers to the financial system APRA is charged with safeguarding.
And it's the transition risks of moving to a low-carbon economy that Summerhayes fingered as being particularly important for financial entities. APRA and its international counterparts fear the impact on banks, superannuation funds and asset managers of changes in policy, law, markets, technology and prices that are part of the agreed transition to a low-carbon economy.
Spare a thought here for the board of the Northern Australia Infrastructure Facility (NAIF) as it considers Adani's application for a billion-dollar loan to build a railway from the Galilee Basin to the Queensland coast. While being lent on by pro-coal government members, NAIF directors would do well to consider why Australia's banks seem to have no interest in financing the line. It's not just a green PR issue – it's the danger of being left with a stranded asset and directors being personally liable.
Summerhayes quoted legal opinion that it's only a matter of time before directors who fail to properly consider and disclose foreseeable climate-related risks are held personally liable for breaching their statutory duty of care and diligence under the Corporations Act.
The same consideration would weigh heavily on Clean Energy Finance Corporation (CEFC) directors if the government changes the legislation to allow CEFC to lend to new coal-powered electricity generators.
Summerhayes noted that much of the early focus on climate change risks had been on insurance firms and their exposure to losses from increasingly frequent and severe natural disasters, but there were a variety of other potential issues.
"These include the potential exposure of banks' and insurers' balance sheets to real estate impacted by climate change and to re-pricing or even 'stranding' of carbon-intensive assets in other parts of their loan books," he said.
"They also include exposure of asset owners and managers – an important consideration given the size of Australia's superannuation sector and its heavy weighting towards carbon-intensive equities and a relatively resource-intensive domestic economy."
Frydenberg on Sunday gave the impression the government was determined to bet Australia's energy future on the coal industry finding a way to make carbon capture and storage (CCS) economically viable.
The policy vacuum will be filled by the personal liability of company directors and the disclosure requirements of financial regulators.
Given the Coalition's refusal to price carbon so as to give CCS here even a small chance of success, that looks as sensible as an individual betting their financial future on winning OzLotto. That sort of policy response, driven by the coalition's internal ructions, climate sceptics and concentration on simplistic immediate "hip pocket" politics, contrasts with broader forces APRA comprehends.
APRA's view is that the Paris Agreement provided a very reliable signal that policy and regulatory efforts would intensify.
"The transition now in train could potentially lead to significant repricing of carbon-intensive resources and activities and reallocation of capital," Summerhayes said.
"This process will be highly sensitive to changes in regulation, technology, the physical environment and behaviour by investors and institutions – and interrelated perceptions and sentiment about all of the above. Inevitably, even under a sanguine view of how smoothly this transition happens, there will be systemic impacts and implications that have to be carefully monitored."
The Summerhayes speech is APRA's first public stand on climate change. It has not rushed to it, coming nearly two years since the G20 asked the FSB to consider climate change risks and more than a year since the board established its task force on climate-related financial disclosures.
It's in step with the insurance industry increasingly finding its voice on climate change issues after going a little quiet during the Abbott government days of overt climate scepticism.
In another context at the same ICA conference, ASIC chairman Greg Medcraft spoke about the legal licence tending to follow the social licence. On the risks and financial impact of climate change, it seems the market and legal judgments will proceed without political leadership.
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Feb 20, 2017 11:08
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Whats the best way to deal with an apparent failure to vote notice from some local council election?
Can't really afford a fine.
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Feb 22, 2017 08:18
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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I'm not sure where I'm betting the failure was in my council ballot getting lost. It was either Australia Post losing it, or the VEC actually getting my ballot but being unable to read my handwriting.
This, more than anything else I see (and I see a lot), makes me hate a democratic process. I did my part and voted, it's these assholes that hosed it up and lost my vote, and yet I'm the one that's supposed to foot the bill.
This will do nicely, thank you very much!
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Feb 22, 2017 09:22
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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from the experience of myself and friends they will basically accept any excuse for a local election
australia post lost is pretty hard to disprove
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Feb 22, 2017 11:03
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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Looks like the government has found an innovative new solution to the problem of bracket creep... send wages backwards
http://www.theage.com.au/business/t...222-guifjc.html
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Feb 22, 2017 21:09
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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You know how stagflation is the great boogieman of Keynsian economics.
What do you can what we have now? With flat wage growth and the most productive parts of the economy being rentseeking?
neoliberalism
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Feb 23, 2017 08:32
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May 4, 2024 18:03
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- gay picnic defence
- Oct 5, 2009
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I'M CONCERNED ABOUT A NUMBER OF THINGS
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My great hope from all this is that a recession hits that finally breaks the spell of people thinking the libs are better economic managers
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Feb 23, 2017 09:56
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Feb 2, 2017 09:37
