Malcolm Turnbull blocking the governments 42 billion rescue package.
Uploader Comments (shwell)
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He's only good at raising wealth for the government. Look at liberal's last fundraiser where the top wealthiest donated to their cause.
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Malcolm Turnbull is showing his true colours. He hates the "cash splash". He hates the fact that ordinary Australian tax payers will get some cash from the government. He wants tax reduction for his high flying liberal friends. This man is so transparent and predictable. Remember, he was part of the banking fraternity that has created this mess we are all in. He is putting on a show now, so that if, or when, things get worse, he can say "I told you so !" So predictable.
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Turnbull is the problem, not the solution. We won't get any new ideas out of an ex merchant banker - just more of the same blind greed that got us into the current mess. Turnbull could make a one off payment to every Australian from his personal accounts and still have enough to squander on his fat-cat life style. You can bet he has wealth squirreled away in off shore tax havens and all manner of hidden schemes - that's what the wealthy do. Go Rudd.
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*sigh* Will the libs ever get their economic credibility back after these kinds of stunts? Their proposal isn't particularly different.. both go into debt, and going into debt at this point in the economic cycle is a good thing. Figures have come out showing the december cash splash had an effect.. And tax cuts are permanent loss of revenue that won't help us get back. Neither party has the mix right but if the libs really wanted to help they'd propose smart measures targetted at small business.
The frightening thing is what Turnbull is prepared to risk in order to score some cheap political points in the future. This crap coming from a merchant banker smacks of hypocrisy.
shwell 3 years ago