I wonder if people realise that the surplus is actually attained through :
1. slashing budgeted Natural Disaster Relief by $6.8B, from $7.0B to only $214M from 2012-13, 2013-14 and 2014-15.
2. slashing the Contingency Reserve that from 2011-12 to 2014-15 by $7.0B. Somehow Wayne Swan believes that the contingency reserve will make a profit of $853M in 2011-12.
The jig is up we know the banks steal & launder circulation WE create ? they have been doing it for the last 150 years at least . A day of reckoning is near & all of you liberal. labour greens , independents all of you will be held accountable for this monumental crime of theft against humanity. Mathematics never lies if logic is applied ?
3:33 How else are they going to reinflate circulation after all the local banks have stolen & laundered circulation on all our phony loans? They are only borrowing back what was stolen out of circulation in the first place at further interest? mathematically impossible for any gov to pay down any sum of debt with a interest based monetary system even if they start selling off national assets etc consolidating our public wealth to a bank only to make it appear there is surplus left in the kitty
Yeah moving 15 billion dollars of spending foward to this year creating 11 billion of one off cuts to prove they can create a surplus aint fixing the books what is the point of creating a 1.5 billion dollar surplus if you need a 37 billion dollar deficiet to create it if they do create a very minor surplus it would be for nothing more than political spin and not to reduce the debt being the idea of a surplus
The only reason liberal had a surplus was because they were selling off our national assets,resources , land ,gold etc to meet the national debt .Australia defaulted on its national debt years ago,Only difference between liberal & labor is labor clearly demonstrates the fact we have defaulted on national debt where liberal are good at fixing the books to hide the fact that all banks steal & launder circulation by a purposed obfuscation of our promissory obligations we have to each other.
@LABORISTOXIC Because the circulatory deflation OR THEFT of circulation ALWAYS exceeds the rate of circulatory inflation or in other words exceeds any means of re inflation . Sales of assets,resources etc can only temper or prolong monetary destruction with the added guaranteed consolidation of property public & private going to the mere publishers of our promissory obligations who give up or risk absolutely no consideration of value of their own in any purported loan to one of us ;)
@LABORISTOXIC We are sold the common LIE by all politicians that selling off public assets is good EG: Privatization drives competition thus prices fall for the consumer?
Sadly this is a ploy of deceit for it pushes the otherwise national debt onto the private sectors without any significant price reductions in the long term .This pushes prices up because all our business & commerce has the burden of INTEREST on their own purported loans from a bank which is the very cause of price inflation.
@LABORISTOXIC Don't fall into the false left right paradigm? this is just another orchestrated puppet show to deceive the elector into thinking they have a choice BUT in reality the elector has no choice . This is nothing more than a stage for dimwits ,fools & criminals acting in clear breach of trust champ .
Sadly if Australia doesn't wake up fast & hold each & every one of these political dimwits accountable? well what can I say we are our own worst enemy for falling asleep at the wheel .
@chotaboy66 ..... (Part 1) We would come very close to agreement with much of what you have written ..... but my point is you are being a hypocrite for pointing out that Liberals sold Government assets when I am quite sure that you know all about Labor selling government assets at state and federal levels.
@chotaboy66 ..... (PART 2)The main issue pertaining to governments holding assets is the blatant unionisation of their workforces. This provides a solid basis for vote buying by a Labor Government ..... wage incrteases and inflating public sector jobs is a tactic often used by Labor Governments. Then as debt blows out and cutbacks need to be made, Labor uses this (greed) as a fulcrum against an opposition government and has been in place since Whitlam.
@LABORISTOXIC Sadly one can not point the finger at any party because liberal did sell assets like electricity & telstra which has been nothing but a disaster & I seem to remember some gold reserves were sold off on the quite Selling ofF assets is just one symptom of a nation defaulted on national debt , another would be income tax for example? Sorry all politicians work for the banks, NOT for the people and their best interests. All Parliament are acting in clear breach of trust NO EXCEPTIONS.
@chotaboy66 .. .. all too true but a result of budgets not being met is the principle reason for the selling of assets ..... or would you prefer higher taxes or austerity measures. And you know who can't get a budget surplus ...... LABOR!!! This year alone Austalia will incease debt by almost $50,000M, Good job Labor.
Gold was sold ... but not so quiet. Would have been better if Keating sold it.
@LABORISTOXIC I'm sorry the budget can never be met while all the peripheral banks are stealing & laundering circulation by the purposed obfuscation of our very own promissory obligations we have to each other? "Mathematically impossible" 99% of tax's is a result of national debt which is caused by the very shortage of circulation imposed by banks.Borrowed expenditure is quite small in comparison to all the money a government borrows back into circulation in an attempt to keep circulation vital.
@LABORISTOXIC Once one looks past the political arena & their deception & thus looks directly at money creation one then can clearly see that just about 99.99% of politicians are acting in breach of trust for taking part in a monumental crime of theft imposed upon humanity.99% tax's,sell offs of natural resources, assets etc is to keep the host alive just enough so the banks can continue their cycles of consolidation public & private until they dispossess us all of our property & wealth. WAKE UP
@LABORISTOXIC Here chomp on these numbers because they represent what has already been stolen & currently being stolen & laundered out of the monetary circulation by all our peripheral banks ?
Australia's national debt 139 billion ..... not there yet, but soon!!! I think Labor has borrowed at $900M/week for 3-years. But, I believe, this figure is a lie as Labor has been capitalising debt. By 2014-15 National Liabilities will be $490B
Australia's foreign debt (money banks owe overseas ) 675 billion and Australia household debt 1.5 trillion, we could approximate that the Net Financial Debt for banks is -$825B meaning they have borrowed more than they owe.
@LABORISTOXIC Most of my research comes from our own or should I say their Federal reserve banks own data . NO LIE but one thing I can assure you the debt is a lie because its a " falsified debt " meaning a phony debt WHY? Because NO BANK can prove how or what consideration of value of its own it gives up or risks in any " ALLEGED " loan to one of us ? If the banks offer no consideration of value of their own there is no contract therefor there is NO debt according to contract law ?
@chotaboy66 ..... Australian Hosehold Debt is of great concern if most is in property and the cost of housing collapses. This is why the government does not release land and why the stimulus was not totally invested in houses, but in stupid school halls.
Tell me about the $15 Trillion derivative Time Bomb
@LABORISTOXIC The household debt is 100% of our GDP indeed something thats never talked about.
The banks hold $2.66 Trillion in Assets, and a new record $14.2 Trillion in Off-Balance Sheet “ Business” in OTC derivatives.
The $2.66 Trillion in “Assets”, is the value of Loans personal, commercial, and residential.Our "ALLEGED "debts to the banks is considered their “Asset”.
Lets not overlook the U.S feds bailout / money laundering (58 billion) of the A.U fed in 08 to bailout NAB & WESTPAC
I just finished watching and WOW. All three of you spoke and not one of you could deliver some kind of arithmetic reply? All you could give was a political reply? Really?
@triciagalinahardy09 If it's illegal then challenge it's legality in court. Problem being someone would already be doing this were the carbon price illegal.
Your logic is horrid. You say the Government can't say it's budget has been impacted by the European Crisis, yet that is the reality and you admit that in the first few seconds of your address. So what is it? Is it Europe that's impacting the budget or domestic spending? You told European leaders the Government's budget was the envy of the world. Which is it? Lies, lies, lies!
Regardless of who is in the labor party, if the greens weren't attached they wouldn't be as uselesss.. that said theyd still be useless since 90% of useless is stil fairly useless...
I've been saying this since the day CRUDD got in, him and his idiot genuflecting sycophants, now Gillard is leading this motely crew and her being the biggest idiot of them all...sack this person, I can't call her a leader because she's far from a leader. TWIT is more like it!!!
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I wonder if people realise that the surplus is actually attained through :
1. slashing budgeted Natural Disaster Relief by $6.8B, from $7.0B to only $214M from 2012-13, 2013-14 and 2014-15.
2. slashing the Contingency Reserve that from 2011-12 to 2014-15 by $7.0B. Somehow Wayne Swan believes that the contingency reserve will make a profit of $853M in 2011-12.
LABORISTOXIC 3 months ago
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I wonder if people realise that the sum of deficits over 2011-12, 2012-13 and 2013-14 is $33.8B, while debt increases by $51.1B.
LABORISTOXIC 3 months ago
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I wonder if people realise that after the promised budgeted surpluses in 2012-13 and 2013-14, debt increases by $3.161B.
LABORISTOXIC 3 months ago
I wonder if people realise that after the promised $11.5B spending cuts, Labor actually increases spending $11.7B over 4-years.
LABORISTOXIC 3 months ago
The jig is up we know the banks steal & launder circulation WE create ? they have been doing it for the last 150 years at least . A day of reckoning is near & all of you liberal. labour greens , independents all of you will be held accountable for this monumental crime of theft against humanity. Mathematics never lies if logic is applied ?
chotaboy66 3 months ago
3:33 How else are they going to reinflate circulation after all the local banks have stolen & laundered circulation on all our phony loans? They are only borrowing back what was stolen out of circulation in the first place at further interest? mathematically impossible for any gov to pay down any sum of debt with a interest based monetary system even if they start selling off national assets etc consolidating our public wealth to a bank only to make it appear there is surplus left in the kitty
chotaboy66 3 months ago
Yeah moving 15 billion dollars of spending foward to this year creating 11 billion of one off cuts to prove they can create a surplus aint fixing the books what is the point of creating a 1.5 billion dollar surplus if you need a 37 billion dollar deficiet to create it if they do create a very minor surplus it would be for nothing more than political spin and not to reduce the debt being the idea of a surplus
Welshnotwelch 3 months ago
The only reason liberal had a surplus was because they were selling off our national assets,resources , land ,gold etc to meet the national debt .Australia defaulted on its national debt years ago,Only difference between liberal & labor is labor clearly demonstrates the fact we have defaulted on national debt where liberal are good at fixing the books to hide the fact that all banks steal & launder circulation by a purposed obfuscation of our promissory obligations we have to each other.
chotaboy66 3 months ago
@chotaboy66 so why didn't Labor attain a surplus when the sold QANTAS and the Commonwealth Bank
LABORISTOXIC 3 months ago
@LABORISTOXIC Because the circulatory deflation OR THEFT of circulation ALWAYS exceeds the rate of circulatory inflation or in other words exceeds any means of re inflation . Sales of assets,resources etc can only temper or prolong monetary destruction with the added guaranteed consolidation of property public & private going to the mere publishers of our promissory obligations who give up or risk absolutely no consideration of value of their own in any purported loan to one of us ;)
chotaboy66 3 months ago
@LABORISTOXIC We are sold the common LIE by all politicians that selling off public assets is good EG: Privatization drives competition thus prices fall for the consumer?
Sadly this is a ploy of deceit for it pushes the otherwise national debt onto the private sectors without any significant price reductions in the long term .This pushes prices up because all our business & commerce has the burden of INTEREST on their own purported loans from a bank which is the very cause of price inflation.
chotaboy66 3 months ago
@LABORISTOXIC Don't fall into the false left right paradigm? this is just another orchestrated puppet show to deceive the elector into thinking they have a choice BUT in reality the elector has no choice . This is nothing more than a stage for dimwits ,fools & criminals acting in clear breach of trust champ .
Sadly if Australia doesn't wake up fast & hold each & every one of these political dimwits accountable? well what can I say we are our own worst enemy for falling asleep at the wheel .
chotaboy66 3 months ago
@chotaboy66 ..... (Part 1) We would come very close to agreement with much of what you have written ..... but my point is you are being a hypocrite for pointing out that Liberals sold Government assets when I am quite sure that you know all about Labor selling government assets at state and federal levels.
LABORISTOXIC 3 months ago
@chotaboy66 ..... (PART 2)The main issue pertaining to governments holding assets is the blatant unionisation of their workforces. This provides a solid basis for vote buying by a Labor Government ..... wage incrteases and inflating public sector jobs is a tactic often used by Labor Governments. Then as debt blows out and cutbacks need to be made, Labor uses this (greed) as a fulcrum against an opposition government and has been in place since Whitlam.
LABORISTOXIC 3 months ago
@LABORISTOXIC Sadly one can not point the finger at any party because liberal did sell assets like electricity & telstra which has been nothing but a disaster & I seem to remember some gold reserves were sold off on the quite Selling ofF assets is just one symptom of a nation defaulted on national debt , another would be income tax for example? Sorry all politicians work for the banks, NOT for the people and their best interests. All Parliament are acting in clear breach of trust NO EXCEPTIONS.
chotaboy66 3 months ago
@chotaboy66 .. .. all too true but a result of budgets not being met is the principle reason for the selling of assets ..... or would you prefer higher taxes or austerity measures. And you know who can't get a budget surplus ...... LABOR!!! This year alone Austalia will incease debt by almost $50,000M, Good job Labor.
Gold was sold ... but not so quiet. Would have been better if Keating sold it.
LABORISTOXIC 3 months ago
@LABORISTOXIC I'm sorry the budget can never be met while all the peripheral banks are stealing & laundering circulation by the purposed obfuscation of our very own promissory obligations we have to each other? "Mathematically impossible" 99% of tax's is a result of national debt which is caused by the very shortage of circulation imposed by banks.Borrowed expenditure is quite small in comparison to all the money a government borrows back into circulation in an attempt to keep circulation vital.
chotaboy66 3 months ago
@LABORISTOXIC Once one looks past the political arena & their deception & thus looks directly at money creation one then can clearly see that just about 99.99% of politicians are acting in breach of trust for taking part in a monumental crime of theft imposed upon humanity.99% tax's,sell offs of natural resources, assets etc is to keep the host alive just enough so the banks can continue their cycles of consolidation public & private until they dispossess us all of our property & wealth. WAKE UP
chotaboy66 3 months ago
@LABORISTOXIC Here chomp on these numbers because they represent what has already been stolen & currently being stolen & laundered out of the monetary circulation by all our peripheral banks ?
Australia's national debt 139 billion
Australia's foreign debt (money banks owe overseas ) 675 billion
Australia household debt 1.5 trillion
Oh yes and lets not forget the Banks $15 Trillion derivative Time Bomb , I thought I would just throw that one in for good measure ?
chotaboy66 3 months ago
@chotaboy66
Australia's national debt 139 billion ..... not there yet, but soon!!! I think Labor has borrowed at $900M/week for 3-years. But, I believe, this figure is a lie as Labor has been capitalising debt. By 2014-15 National Liabilities will be $490B
Australia's foreign debt (money banks owe overseas ) 675 billion and Australia household debt 1.5 trillion, we could approximate that the Net Financial Debt for banks is -$825B meaning they have borrowed more than they owe.
LABORISTOXIC 3 months ago
@LABORISTOXIC Most of my research comes from our own or should I say their Federal reserve banks own data . NO LIE but one thing I can assure you the debt is a lie because its a " falsified debt " meaning a phony debt WHY? Because NO BANK can prove how or what consideration of value of its own it gives up or risks in any " ALLEGED " loan to one of us ? If the banks offer no consideration of value of their own there is no contract therefor there is NO debt according to contract law ?
chotaboy66 3 months ago
@chotaboy66 ..... Australian Hosehold Debt is of great concern if most is in property and the cost of housing collapses. This is why the government does not release land and why the stimulus was not totally invested in houses, but in stupid school halls.
Tell me about the $15 Trillion derivative Time Bomb
LABORISTOXIC 3 months ago
@LABORISTOXIC The household debt is 100% of our GDP indeed something thats never talked about.
The banks hold $2.66 Trillion in Assets, and a new record $14.2 Trillion in Off-Balance Sheet “ Business” in OTC derivatives.
The $2.66 Trillion in “Assets”, is the value of Loans personal, commercial, and residential.Our "ALLEGED "debts to the banks is considered their “Asset”.
Lets not overlook the U.S feds bailout / money laundering (58 billion) of the A.U fed in 08 to bailout NAB & WESTPAC
chotaboy66 3 months ago
@triciagalinahardy09 They would almost certainly lose.
brentoneccles 3 months ago
I just finished watching and WOW. All three of you spoke and not one of you could deliver some kind of arithmetic reply? All you could give was a political reply? Really?
brentoneccles 3 months ago
@triciagalinahardy09 If it's illegal then challenge it's legality in court. Problem being someone would already be doing this were the carbon price illegal.
brentoneccles 3 months ago
@brentoneccles I believe it is being challenged in court,on research I have done.
Rellana1 3 months ago
Your logic is horrid. You say the Government can't say it's budget has been impacted by the European Crisis, yet that is the reality and you admit that in the first few seconds of your address. So what is it? Is it Europe that's impacting the budget or domestic spending? You told European leaders the Government's budget was the envy of the world. Which is it? Lies, lies, lies!
brentoneccles 3 months ago
Regardless of who is in the labor party, if the greens weren't attached they wouldn't be as uselesss.. that said theyd still be useless since 90% of useless is stil fairly useless...
Spinobreaker 3 months ago
I've been saying this since the day CRUDD got in, him and his idiot genuflecting sycophants, now Gillard is leading this motely crew and her being the biggest idiot of them all...sack this person, I can't call her a leader because she's far from a leader. TWIT is more like it!!!
manque15 3 months ago
Comment removed
manque15 3 months ago