Reflections on the Miracle of Democracy at Work in the Greatest Nation on Earth

Newspoll: 54-46

The Australian reports that this fortnight’s Newspoll has Labor’s lead at 54-46, down from 55-45 last time. However, Kevin Rudd’s preferred prime minister rating is up five points to 59 per cent, while Malcolm Turnbull is down one point to 25 per cent. Essential Research has Labor’s lead up from 59-41 to 61-39 in its weekly survey, which is Labor’s second successive two point increase. Also included are questions on leadership approval and attitudes to the financial crisis.

UPDATE: Graphic here. An interesting set of figures: despite going backwards on two-party, Labor’s primary vote is up three points to 44 per cent, the Greens having returned to earth from 13 per cent to 9 per cent. Kevin Rudd’s personal ratings are well up: satisfaction up nine to 65 per cent and dissatisfaction down six to 26 per cent, his best figures since May and June respectively. He’s also taken a commanding lead over Turnbull as best leader to handle the economy, up nine since September 19-21 to 50 per cent with Turnbull down eight to 35 per cent. Also included are questions on the carbon pollution reduction scheme, which over half now believe should be at least delayed.

871 Comments

  1. 1
    Posted Monday, October 27, 2008 at 10:41 pm | Permalink

    From previous thread – Turnbull has held his own???

    Well good for him. Pity he ain’t playing solitaire.

  2. 2
    Pol Pot Plant
    Posted Monday, October 27, 2008 at 10:42 pm | Permalink

    GP @ 1806 (on previous thread)
    “Turnbull has held his own.”

    that is the problem … maybe he should get his hand off it for a while :P

  3. 3
    Oz
    Posted Monday, October 27, 2008 at 10:42 pm | Permalink

    Congrats.

  4. 4
    Posted Monday, October 27, 2008 at 10:42 pm | Permalink

    First

    C’mon ShowsOn – you’re better than that!

  5. 5
    Bushfire Bill
    Posted Monday, October 27, 2008 at 10:43 pm | Permalink

    Forgive my naiveity, but there’s an awful gap between an increase to 61/39 and a drop to 54/46.

    Something is screwed up somewhere.

  6. 6
    Diogenes
    Posted Monday, October 27, 2008 at 10:43 pm | Permalink

    Keelty has led to Australians lacking confidence in it’s Federal Police and should have resigned a long time ago to restore the public trust. Rudd should have forced him out by now.

  7. 7
    Generic Person
    Posted Monday, October 27, 2008 at 10:43 pm | Permalink

    No 2

    Maybe you should change your offensive name! Obviously you tacitly support mass extermination of innocents….

  8. 8
    redwombat
    Posted Monday, October 27, 2008 at 10:43 pm | Permalink

    If I owned the newsagency in Point Piper I wouldn’t be delivering The Australian to a certain resident tomorrow

  9. 9
    Gusface
    Posted Monday, October 27, 2008 at 10:43 pm | Permalink

    Soc
    As I had predicied on the previous thread the wingnuts are on the rise
    your quote about hawke may be prescient in more ways than one.

    GP
    yes I agree talcum has held his own,but his tactics are dubious.
    Is this what the fibs are to become?

  10. 10
    Oz
    Posted Monday, October 27, 2008 at 10:44 pm | Permalink

    Rofl Bushfire Bill, thanks for pointing that out.

    It’s possible that when you toss in the margins of error they meet somewhere in the middle.

  11. 11
    Generic Person
    Posted Monday, October 27, 2008 at 10:44 pm | Permalink

    No 5

    Essential Research is way out of whack and almost certainly has a pro-ALP skew.

  12. 12
    Posted Monday, October 27, 2008 at 10:44 pm | Permalink

    ShowsOn, see Article V of Comment Moderation Guidelines.

  13. 13
    bob1234
    Posted Monday, October 27, 2008 at 10:44 pm | Permalink

    Liberals in the political wilderness for a decade.

  14. 14
    Bushfire Bill
    Posted Monday, October 27, 2008 at 10:45 pm | Permalink

    If I owned the newsagency in Point Piper...

    Point Piper has no newsagencies, nor any shops at all. Totally “residential”.

  15. 15
    Posted Monday, October 27, 2008 at 10:45 pm | Permalink

    So the LNP % has increased, while Malcolm’s PPM has gone down… good thing Turnbull is such a team man, no doubt he’ll be extatic ;-)

  16. 16
    ShowsOn
    Posted Monday, October 27, 2008 at 10:45 pm | Permalink

    First

    C’mon ShowsOn - you’re better than that!

    Thank you for recording it forever!

    Maybe you should change your offensive name! Obviously you tacitly support mass extermination of innocents….

    Especially Young Liberals wearing glasses.

  17. 17
    Pol Pot Plant
    Posted Monday, October 27, 2008 at 10:46 pm | Permalink

    GP @ 7
    “Maybe you should change your offensive name! Obviously you tacitly support mass extermination of innocents….”

    Maybe you should change your offensive gravatar/logo! Obviously you tacitly support mass extermination of innocents….

  18. 18
    redwombat
    Posted Monday, October 27, 2008 at 10:46 pm | Permalink

    I don’t get up there often from Nar Nar Goon :-)

  19. 19
    bob1234
    Posted Monday, October 27, 2008 at 10:47 pm | Permalink

    And the Preferred PM rating shows that even Turnbull cannot mass the equivelent support from even the Liberal primary vote, like Brenda Nelson.

    Quite pathetic and amusing at the same time really.

  20. 20
    Generic Person
    Posted Monday, October 27, 2008 at 10:47 pm | Permalink

    No 9

    Gusface, his tactics are not dubious. Though censoring the Internet certainly is. Conjob, anyone?

  21. 21
    Posted Monday, October 27, 2008 at 10:47 pm | Permalink

    Thank you for recording it forever!

    William feel free to delete my reference to it!!

  22. 22
    ShowsOn
    Posted Monday, October 27, 2008 at 10:48 pm | Permalink

    So the LNP % has increased, while Malcolm’s PPM has gone down… good thing Turnbull is such a team man, no doubt he’ll be extatic ;-)

    He’s hurting the brand!

  23. 23
    Generic Person
    Posted Monday, October 27, 2008 at 10:48 pm | Permalink

    SNIP: Nothing comment deleted – The Management.

  24. 24
    bob1234
    Posted Monday, October 27, 2008 at 10:49 pm | Permalink

    @15 we don’t know that yet, all we know is the 2pp which is calculated on the pref divisions of the last election.

    Primary vote for either could have gone up or down on only a 1% 2pp move.

  25. 25
    ShowsOn
    Posted Monday, October 27, 2008 at 10:49 pm | Permalink

    William feel free to delete my reference to it!!

    No fair! What standing order does your post transgress!?

  26. 26
    Generic Person
    Posted Monday, October 27, 2008 at 10:50 pm | Permalink

    No 22

    I’d say Conroy is doing much more significant damage to the ALP brand.

  27. 27
    ShowsOn
    Posted Monday, October 27, 2008 at 10:51 pm | Permalink

    Shame on you ShowsOn.

    For what!? Why should it bother me if you find things offensive? I thought you were a liberal who realises that individuals pursuing their own good lives are bound to come in conflict with each other.

  28. 28
    Gusface
    Posted Monday, October 27, 2008 at 10:51 pm | Permalink

    oneof the things that most forget is that prior to rudd,people voted howard
    partly the man,partly the policies.

    Rightly or wrongly some of the plebs are going to be swayed back to what they feel safe with.

    I expect the polls to stabilise in the 53-56 range from now on

  29. 29
    Posted Monday, October 27, 2008 at 10:51 pm | Permalink

    25 – From the Guidelines Article V:

    I’m less bothered if things get silly after comment 700 or so.

    I think we’ve got there already!! (obviously a hang over from the over 1800!! on the last thread) :D

  30. 30
    Oz
    Posted Monday, October 27, 2008 at 10:52 pm | Permalink

    The article points out that The Green vote has “stabalised”. Presumably that means it’s dropped down from the high of 13 back to ~9. Which could explain the 2PP drop and possibly even a rise in the Labor primary.

  31. 31
    bob1234
    Posted Monday, October 27, 2008 at 10:52 pm | Permalink

    @26

    That’s right, criticise a government minister rather than the Liberal leader.

    The Liberal leader gets polled. The government minister doesn’t. Swallow that huge lump in your throat, realise the Libs are consigned to the political wilderness for a decade, and move on. There’s many hobbies out there!

  32. 32
    Generic Person
    Posted Monday, October 27, 2008 at 10:52 pm | Permalink

    Bestial 2000 post threads are undesirable.

  33. 33
    imacca
    Posted Monday, October 27, 2008 at 10:53 pm | Permalink

    Have to admit that i am a litle surprised that Turnbulls PPM number didnt drop further. After his behavior over the last week or so he deserved to be crushed like the bug that he is.

    So this means that the majoritory of Rudds increase in support must have come from previously “dont know”??

    If Rudd is picking them up then thats a real problem for the Libs. If they ever want to be back in power they need more than their rusted ons.

    Has anyone got an idea of the “bias” of Essential Reseach’s polls. I mean in the context of how some polls just seem to generally favor one side of politics or another.

  34. 34
    Posted Monday, October 27, 2008 at 10:53 pm | Permalink

    I’d say Conroy is doing much more significant damage to the ALP brand.

    Not yet – wait till it gets close to legislation. It’s still at testing stage etc. Lot of water yet to go under the bridge. If it really does cause an 86% slow down – fuhgheddaboudit.

    It’ll be a “we tried, but unfortunately the technology is not there yet”

  35. 35
    Generic Person
    Posted Monday, October 27, 2008 at 10:53 pm | Permalink

    No 31

    Why should I criticise the Liberal leader when is performance has been exemplary?

    The same cannot be said for his deputy, however.

  36. 36
    bob1234
    Posted Monday, October 27, 2008 at 10:55 pm | Permalink

    @35

    So exemplary, he can’t even get the same level of Preferred PM support as the Lib primary vote, like Brenda Nelson?

    Quite the lulz.

  37. 37
    Generic Person
    Posted Monday, October 27, 2008 at 10:55 pm | Permalink

    *his not is in No 35.

  38. 38
    Gusface
    Posted Monday, October 27, 2008 at 10:56 pm | Permalink

    William
    any comment on the disparity between newspoll and essential research?

  39. 39
    Cuppa
    Posted Monday, October 27, 2008 at 10:56 pm | Permalink

    William in the thread header noted:

    However, Kevin Rudd’s preferred prime minister rating is up five points

    So all those bitter Young Liberals posting to News Ltd and ABC blogs, still feeling the pain of their election loss almost 12 months on, all their unimaginative and trite repetitions of the “KRudd” epithet, have failed to sway anybody.

    Johnny really dumped a bundle onto them with WorkChoices eh!

  40. 40
    Glinn Mgraw
    Posted Monday, October 27, 2008 at 10:56 pm | Permalink

    Dunno about exemplary, GP.

    Decent, but not superb.

  41. 41
    Socrates
    Posted Monday, October 27, 2008 at 10:57 pm | Permalink

    Gusface

    Yes I just saw your wingnut reference on the previous thread and have to agree.

    I would be more optimistic for Labor in the long term than this result might show. Turnbull has effectively burnt his bridges on any bipartisan approach to the economic crisis in the past week. So if the guarantees and stimulus package work then Rudd and Swan will eb riding high and he will be left in the cold. If they aren’t then Labor can modify them, because they always said they would respond to circumstances. If there is in the end still a world wide recession including here then they can legitimately point to Turnbull as one of the causes of the panic plus there is the legitimate worry that in a tightening economic, supporting the party that still dreams of workchoices is not a good move for the average “battler”. That and we’ll just have to go back to some good old fashioned Keynsian pump-priming, the right wingers be damned.

  42. 42
    Generic Person
    Posted Monday, October 27, 2008 at 10:57 pm | Permalink

    No 36

    bob1234, these ratings are pretty inconsequential when we’re two years away from an election.

  43. 43
    ShowsOn
    Posted Monday, October 27, 2008 at 10:58 pm | Permalink

    25 - From the Guidelines Article V:

    I try not to read rules, they break my delicate concentration.

    The same cannot be said for his deputy, however.

    You’re an honest man G.P. She is a joke who should be replaced with that 15 year old Greg Hunt.

  44. 44
    Bushfire Bill
    Posted Monday, October 27, 2008 at 10:59 pm | Permalink

    Turnbull’s figures, like the man, are careening from the sublime to the ridiculous.

    Speaking of the misuse of words: the verb is to careen, not career.

    Once again The Australian has got it wrong. How do their subbies keep their jobs?

    Five Australians were among those killed when the Garuda Indonesia Boeing 737 slammed onto the runway at Yogyakarta airport, careered into a rice paddy field and exploded in flames on March 7, 2007.

    Are we in agreeance on that?

    http://www.theaustralian.news.com.au/story/0,25197,24560863-12377,00.html

  45. 45
    Oz
    Posted Monday, October 27, 2008 at 10:59 pm | Permalink

    Ironic that someone who cares naught for polls is such a prolific poster on a website called “The Poll Bludger”.

  46. 46
    Generic Person
    Posted Monday, October 27, 2008 at 11:00 pm | Permalink

    No 41

    Socrates, the Government has been avoiding Turnbull’s calls for bipartisanship ever since he ascended to the leadership. So it’s not just Turnbull burning bridges.

  47. 47
    Generic Person
    Posted Monday, October 27, 2008 at 11:01 pm | Permalink

    No 43

    No, I think Tony Abbott should be deputy leader. I actually had quite a good laugh with him on Saturday at a Liberal function.

  48. 48
    ShowsOn
    Posted Monday, October 27, 2008 at 11:01 pm | Permalink

    Socrates, the Government has been avoiding Turnbull’s calls for bipartisanship ever since he ascended to the leadership. So it’s not just Turnbull burning bridges.

    Oh dear. Turnbull’s call was basically a demand that he be made P.M. in a war cabinet.

  49. 49
    Socrates
    Posted Monday, October 27, 2008 at 11:01 pm | Permalink

    Watching Lateline now and Turnbull is still playing the fear campaign. Rudd and Swan should keep pointing out that he is the fear merchant. First because its true, and second because it will paint him into a corner.

    Swan is holding firm on not caving into the property funds on a guarantee. Good. It is the right decision and it makes him look more consistent and firm. Be compassionate yes (assist those who can’t get their funds) but don’t be stupid. These demands are purely self serving.

  50. 50
    Generic Person
    Posted Monday, October 27, 2008 at 11:02 pm | Permalink

    No 48

    ShowsOn, that’s complete rubbish and you know it. :)

  51. 51
    Generic Person
    Posted Monday, October 27, 2008 at 11:03 pm | Permalink

    No 44

    Agreeance is a word, whether you like it or not BB.

  52. 52
    ShowsOn
    Posted Monday, October 27, 2008 at 11:04 pm | Permalink

    No 48

    ShowsOn, that’s complete rubbish and you know it. :)

    Dear G.P.

    I didn’t write post 48.

    From,

    ShowsOn

  53. 53
    Generic Person
    Posted Monday, October 27, 2008 at 11:05 pm | Permalink

    No 49

    Socrates, telling people to go to Centrelink is not exactly compassionate in a situation where their life savings are frozen. Swan is bumbling fool, a claim reassuringly supported by Alan Kohler.

  54. 54
    Gusface
    Posted Monday, October 27, 2008 at 11:05 pm | Permalink

    Soc
    my fear is that rudd will ‘carry the can” for this

    A lot of subliminal damage is being done

    and I know its not rudds fault before anyone starts!

  55. 55
    Generic Person
    Posted Monday, October 27, 2008 at 11:06 pm | Permalink

    No 52

    On my end it says you did write No 48.

  56. 56
    ShowsOn
    Posted Monday, October 27, 2008 at 11:06 pm | Permalink

    Socrates, telling people to go to Centrelink is not exactly compassionate in a situation where their life savings are frozen.

    It sounds like a reasonable short term solution to me.

  57. 57
    redwombat
    Posted Monday, October 27, 2008 at 11:06 pm | Permalink

    #52
    He didn’t tell them to go to “Cash Converters”

  58. 58
    Generic Person
    Posted Monday, October 27, 2008 at 11:07 pm | Permalink

    No 54

    Yes, it is entirely Rudd’s fault. Policy on the run is inappropriate for a government with access to thousands of advisers.

  59. 59
    Socrates
    Posted Monday, October 27, 2008 at 11:07 pm | Permalink

    GP I trust you meant No. 47 as I wasn’t particularly disagreeing with you. :)

    Agree there are multiple causes of the fraying of bipartisanship, but as they say in the school playground, he started it. I don’t say Turnbull has performed badly as leader of the opposition, but I do think he has pushed teh fear campaign much to hard, and is taking a risk in that. I agree with you on Bishop, as much as I’d say teh same for Labor with Conroy. Both are a liaibility.

  60. 60
    ShowsOn
    Posted Monday, October 27, 2008 at 11:07 pm | Permalink

    No 52

    On my end it says you did write No 48.

    52 is one of your own posts! You’re being filtered! Call the cops!

  61. 61
    Generic Person
    Posted Monday, October 27, 2008 at 11:08 pm | Permalink

    No 56

    Yeah, a short term method of putting the budget into deficit! Ah, we’re back to the bad old days of big spending, deficit inducing Labor governments.

  62. 62
    imacca
    Posted Monday, October 27, 2008 at 11:08 pm | Permalink

    BB@44

    I thought carreening was something you do to you ships hull?

    ie: beaching it, hauling it onto its side and getting the crew to scrub, chip and break off the smelly and undesirable growths that have attached themselves to your timbers and are in some cases chewing the essential structure of that which supports you to bits.

    Hmm, maybe carreening is what the Fibs SHOULD be up to at the moment.

  63. 63
    Generic Person
    Posted Monday, October 27, 2008 at 11:09 pm | Permalink

    William what the hell is going on? Why is there a discrepancy on what various people can see here?

  64. 64
    Gusface
    Posted Monday, October 27, 2008 at 11:10 pm | Permalink

    GP
    Existential questions are not allowed :)

  65. 65
    ShowsOn
    Posted Monday, October 27, 2008 at 11:11 pm | Permalink

    Yes, it is entirely Rudd’s fault. Policy on the run is inappropriate for a government with access to thousands of advisers.

    But Howard did it all the time! The Border Protection Bill 2001 is the most horrendous example of policy on the run in the history of the Commonwealth:
    http://0-www.austlii.edu.au.prospero.murdoch.edu.au/au/legis/cth/bill/bpb2001212/

    It even contained such hilarious anti-democratic provisions such as Section 10:

    This Act has effect in spite of any other law.

    Stick that up your due process and smoke it.

  66. 66
    redwombat
    Posted Monday, October 27, 2008 at 11:12 pm | Permalink

    Hey GP watch Lateline Business now

  67. 67
    Socrates
    Posted Monday, October 27, 2008 at 11:12 pm | Permalink

    Gusface

    In the short term you may be right, but in the long term I’m not so sure. The longer Rudd and Swan look calm and responsive the better they look as a leadership team. If the rest of the world are in recession next year and we are not, they will still be looking pretty good IMO. The trick now is to manage expectations, and reassure peopel that they will “see it through”. This needs to be a logn term strategy. There are actually some great long term opportunities in the “nation building” category coming out of this. We still haven’t seen what is coming out of the brought forward infrastructure Austalia money yet. Plus the pensioner handouts don’t happen till November/December. There is still some upside ahead of them IMO.

  68. 68
    Winston
    Posted Monday, October 27, 2008 at 11:12 pm | Permalink

    GP @ 1062

    What do you mean?

  69. 69
    bob1234
    Posted Monday, October 27, 2008 at 11:12 pm | Permalink

    @42/GP

    You’re completely ignoring the point and you know it. Turnbull’s Preferred PM cannot even match the Liberal primary vote (or even coalition primary vote). 2 years out from an election or not, it shows he cannot even match the level of support his party has.

  70. 70
    Generic Person
    Posted Monday, October 27, 2008 at 11:13 pm | Permalink

    No 65

    I can only reiterate the comments from the greatest Prime Minister of all time, John Howard:

    “We will decide who comes into this country and the circumstances in which they come”

  71. 71
    steve
    Posted Monday, October 27, 2008 at 11:13 pm | Permalink

    “Why is there a discrepancy on what various people can see here?”

    Rose coloured glasses when viewing poll data possibly.

  72. 72
    Generic Person
    Posted Monday, October 27, 2008 at 11:14 pm | Permalink

    No 66

    I’ll watch it online later.

  73. 73
    ShowsOn
    Posted Monday, October 27, 2008 at 11:14 pm | Permalink

    Winston @ 2053

    His boring posts are being deleted.

    You’re completely ignoring the point and you know it. Turnbull’s Preferred PM cannot even match the Liberal primary vote (or even coalition primary vote).

    He’s hurting the brand.

    So is Julie Bishop.

  74. 74
    redwombat
    Posted Monday, October 27, 2008 at 11:15 pm | Permalink

    GP = Mr Magoo :-)

  75. 75
    ShowsOn
    Posted Monday, October 27, 2008 at 11:16 pm | Permalink

    I can only reiterate the comments from the greatest Prime Minister of all time, John Howard:

    I thought Liberals cared about due process? I can’t believe you are defending:

    This Act has effect in spite of any other law.

  76. 76
    Albert Ross
    Posted Monday, October 27, 2008 at 11:16 pm | Permalink

    Julie Bishop = Little Miss Echo

  77. 77
    Posted Monday, October 27, 2008 at 11:17 pm | Permalink

    Dear me, all this angst about minor fluctuations in polls two years out from the next elections. “Polling is not an exact science” (quote, me, 2007 passim). William, could you engrave that in letters of fire at the top of each page?

    All that matters is that Labor is still polling well above the vote it got a year ago. A year into his term, Rudd and Labor are more popular then they were when they were elected, GFC notwithstanding. On that cheery note, I am going to bed and so should all of you lot.

  78. 78
    Generic Person
    Posted Monday, October 27, 2008 at 11:18 pm | Permalink

    No 59

    I endorse Abbott for deputy Leader.

  79. 79
    Gusface
    Posted Monday, October 27, 2008 at 11:19 pm | Permalink

    Soc
    more tahn most I fervently hope that rudd is able to exceed expectations.

    just my hobby is reading the tea leaves and at teh moment rudds message is being tarnished by turnbulls anti-economy rhetoric.

    joe public doesnt discern the nuances and i thinka % have drifted -more of fear than logic

    long term I feel the fibs are still gone,just the “fat” on labors lead will be less

  80. 80
    Generic Person
    Posted Monday, October 27, 2008 at 11:19 pm | Permalink

    No 74

    redwombat = dullard

  81. 81
    Cuppa
    Posted Monday, October 27, 2008 at 11:20 pm | Permalink

    One would almost think GP’s AWA stipulates that he is to be paid according to the number of posts he makes to this blog. Hey, GP, does your “agreement” allow you toilet breaks? Even 10 minutes would be a relief for the rest of us.

  82. 82
    Spam Box
    Posted Monday, October 27, 2008 at 11:20 pm | Permalink

    GP @ 62

    GP – I see #52 as one of your comments as well (if that helps, probably not)

    Mr B?

  83. 83
    Generic Person
    Posted Monday, October 27, 2008 at 11:20 pm | Permalink

    No 75

    It’s actually good drafting because it prevents complex legalistic arguments as to whether the Act contradicts other Acts.

  84. 84
    ShowsOn
    Posted Monday, October 27, 2008 at 11:21 pm | Permalink

    I endorse Abbott for deputy Leader.

    Creationists are excluded from that the prestigious Deputy Leader of the Opposition office.

    But I’ll email him your endorsement as a gag.

  85. 85
    Generic Person
    Posted Monday, October 27, 2008 at 11:22 pm | Permalink

    Cuppa it’s always a pleasure when I cause you discomfort. :)

  86. 86
    Spam Box
    Posted Monday, October 27, 2008 at 11:23 pm | Permalink

    83

    ROFL

  87. 87
    Cuppa
    Posted Monday, October 27, 2008 at 11:23 pm | Permalink

    Poor GP, not even a lousy toilet break in his SerfChoices “agreement”.

  88. 88
    bob1234
    Posted Monday, October 27, 2008 at 11:24 pm | Permalink

    @82

    The only thing worse than Abbott as deputy leader is Abbott as leader. He’s been a joke for a long time, furthered at last year’s election campaign, and even more so with his extensive commentary on Nelson/Costello/Turnbull. He’d do well to keep his mouth shut permanently, or retire alltogether.

  89. 89
    ShowsOn
    Posted Monday, October 27, 2008 at 11:25 pm | Permalink

    No 74

    redwombat = dullard

    74 was my post!

    It’s actually good drafting because it prevents complex legalistic arguments as to whether the Act contradicts other Acts.

    WHAT! The Criminal Code is an act of parliament. If that bill passed and became an act, even criminal actions by the federal police couldn’t of been reviewed by a court!

    COME ON, border protection is one thing, but that act was just extremist nonsense than challenged all the rights and liberties that our whole country is based on.

    I thought you believed in LIMITED government, not giving government agents unfettered power to do absolutely anything they liked while aboard a SIEV, without any chance for judicial review.

    Laws are there to protect the weak as well sometimes G.P.

  90. 90
    Generic Person
    Posted Monday, October 27, 2008 at 11:26 pm | Permalink

    Abbott is honest about what he thinks about members of his party and his personal beliefs.

    Kevin Rudd is not. He pretends to believe in government for all Australians, but actually believes in censorship for all Australians.

  91. 91
    redwombat
    Posted Monday, October 27, 2008 at 11:26 pm | Permalink

    #87
    Told ya …..Mr Magoo

  92. 92
    Generic Person
    Posted Monday, October 27, 2008 at 11:28 pm | Permalink

    ShowsOn, I have no idea what is going on with the post numbering….William can you shed some light please?

    —-

    That aside, judicial review is guaranteed under our constitution ShowsOn.

  93. 93
    ShowsOn
    Posted Monday, October 27, 2008 at 11:31 pm | Permalink

    That aside, judicial review is guaranteed under our constitution ShowsOn.

    But that bill would’ve given unfettered power to government agents to do whatever they liked while operating within the authority of that act.

    That is unlimited government nonsense that I thought a true liberal would be shocked about.

    Absolute power corrupts absolutely G.P.

  94. 94
    ShowsOn
    Posted Monday, October 27, 2008 at 11:33 pm | Permalink

    The only thing worse than Abbott as deputy leader is Abbott as leader. He’s been a joke for a long time, furthered at last year’s election campaign, and even more so with his extensive commentary on Nelson/Costello/Turnbull. He’d do well to keep his mouth shut permanently, or retire alltogether.

    I don’t mind Abbott anymore, because he isn’t actually a very effective politician.

    If he left parliament then his safe seat may be handed over to a Liberal with more talent. So it is kind of amusing having him hang around.

  95. 95
    Cuppa
    Posted Monday, October 27, 2008 at 11:33 pm | Permalink

    Conroy wants to shield our children from pornography. The Liberals want our children to be made serfs.

  96. 96
    Spam Box
    Posted Monday, October 27, 2008 at 11:34 pm | Permalink

    GP – who do you see as Author of #12?

  97. 97
    Spam Box
    Posted Monday, October 27, 2008 at 11:36 pm | Permalink

    93 – Cuppa… I hope your joking

  98. 98
    Generic Person
    Posted Monday, October 27, 2008 at 11:36 pm | Permalink

    Spam Box, I see William Bowe as author of #12.

  99. 99
    Generic Person
    Posted Monday, October 27, 2008 at 11:37 pm | Permalink

    SNIP: Unconstructive comment deleted – The Management.

  100. 100
    Cuppa
    Posted Monday, October 27, 2008 at 11:38 pm | Permalink

    SNIP: Tedious bickering deleted – The Management.

  101. 101
    Spam Box
    Posted Monday, October 27, 2008 at 11:38 pm | Permalink

    96 – Ah, ok, there goes that theory then ;)

  102. 102
    ShowsOn
    Posted Monday, October 27, 2008 at 11:40 pm | Permalink

    96 - Ah, ok, there goes that theory then ;)

    I think you are right that it has something to do with the very first post of this thread being deleted, not just edited.

    It is quoted at #4, which for some people may appear as #5

  103. 103
    Generic Person
    Posted Monday, October 27, 2008 at 11:41 pm | Permalink

    Ah I’ve found the culprit causing this mess to my numbering. William, can you please approve my post @ 47, or delete it altogether?

  104. 104
    zombie mao
    Posted Monday, October 27, 2008 at 11:50 pm | Permalink

    I blame Obama, Ayers, Rudd, Whitlam and that pantless communist Humphrey B Bear.

  105. 105
    Generic Person
    Posted Monday, October 27, 2008 at 11:50 pm | Permalink

    Cuppa, where was Conroy’s conscience when he labelled opposition to his Great Firewall as kiddie fiddlers?

  106. 106
    ShowsOn
    Posted Monday, October 27, 2008 at 11:51 pm | Permalink

    SNIP: Pain-in-the-arse comment deleted – The Management.

  107. 107
    steve
    Posted Monday, October 27, 2008 at 11:52 pm | Permalink

    Europe is on the brink of a currency meltdown.

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3260052/Europe-on-the-brink-of-currency-crisis-meltdown.html

  108. 108
    ShowsOn
    Posted Monday, October 27, 2008 at 11:54 pm | Permalink

    Europe is on the brink of a currency meltdown.

    Will this help the Ozzie go up so I can get some more cheap DVDs?

  109. 109
    Generic Person
    Posted Monday, October 27, 2008 at 11:55 pm | Permalink

    No 106

    I was quite enjoying buying cheap Blu-Rays from Amazon until our dollar crashed to 60c :(

  110. 110
    Cuppa
    Posted Monday, October 27, 2008 at 11:55 pm | Permalink

    Future generations of employees would endure reduced pay, conditions, bargaining power and job security if the Liberals have their way.

    Most reasonable people deliberately try to leave a better world for their children. You could say it’s part of what makes us human. But not Liberals; their extremist ideology requires they leave a worse, more insecure workplace regime for their employee children than they themselves inherited from earlier generations.

    It’s a vote to turn the clock back, with their own descendants as the losers.

    Where is your conscience, GP, when you support reduced pay, working conditions and living standards for your own descendants?

  111. 111
    ShowsOn
    Posted Monday, October 27, 2008 at 11:58 pm | Permalink

    I was quite enjoying buying cheap Blu-Rays from Amazon until our dollar crashed to 60c :(

    I’m not blu-ray compliant yet. I regret not making a few more big DVDPacific orders when the AUD$ was in the 90 US cent range. There just wasn’t a lot I wanted to buy. I’ve got an order of new releases that will ship in a couple of weeks. It is going to cost about 25% more than when I placed the order. :(

  112. 112
    Generic Person
    Posted Monday, October 27, 2008 at 11:59 pm | Permalink

    No 109

    Cuppa you argument is emotional not factual. Employment actually increased under workchoices.

  113. 113
    ShowsOn
    Posted Tuesday, October 28, 2008 at 12:00 am | Permalink

    Cuppa you argument is emotional not factual. Employment actually increased under workchoices.

    You’re confusing a proximate cause with an ultimate cause.

  114. 114
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:00 am | Permalink

    You should get on the Blu-Ray bandwagon ShowsOn. Image quality is great + plus there’s a lot of extra value if you use a PlayStation 3 as the player.

  115. 115
    ShowsOn
    Posted Tuesday, October 28, 2008 at 12:03 am | Permalink

    You should get on the Blu-Ray bandwagon ShowsOn. Image quality is great + plus there’s a lot of extra value if you use a PlayStation 3 as the player.

    There’s just not much out on the format that I want to buy at this stage. I mainly watch films made before 1970.

    Also, my TV doesn’t do 1080 progressive, only interlaced. So I wouldn’t get the full HD image anyway.

  116. 116
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:04 am | Permalink

    Don’t misrepresent what I said. I’m not talking about the amount of employment. (You could have full employment – 0% unemployment – in a pure slave economy.) I am talking about pay, conditions and job security, deliberately undermined by SerfChoices, with you as an enthusiastic proponent, knowingly supporting the deterioration of employment conditions for your own descendants.

  117. 117
    lefty e
    Posted Tuesday, October 28, 2008 at 12:04 am | Permalink

    Ok, so remember I was asking why money WOULDNT flow to banks given they have positive returns, and shares/ mortgage funds are negative?

    Well dig this: most of these funds froze BEFORE this month. That’s right. Check this list http://www.maynereport.com/articles/2008/08/28-0958-6879.html

    Which only goes to show what a completely irresponsible TURKEY Turnbull is. He’s spun this for all its worth, and its all a CROCK!! He should be drawn and quartered by the media.

    These funds were toast way before the guarantee. Read the list.

  118. 118
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:08 am | Permalink

    No 113

    There’s no perceptible difference between 1080i and 1080p.

    I particularly like Marlon Brandon’s old films, Caesar and Mutiny on the Bounty in particular. ;-)

  119. 119
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:09 am | Permalink

    No 114

    My pay increased under Workchoices. Only unionists think that it is impossible to bargain with employers on an individual basis.

  120. 120
    bob1234
    Posted Tuesday, October 28, 2008 at 12:11 am | Permalink

    @97 – GP

    “Cuppa you’re full of nonsense. Come back when you have a real argument devoid of infantile blather.”

    Pot… kettle… black…

  121. 121
    Fulvio Sammut
    Posted Tuesday, October 28, 2008 at 12:12 am | Permalink

    Isn’t it quiet around here when the kids are playing nicely together?

  122. 122
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 12:12 am | Permalink

    I think GP has shown us that, like most Libs, he longs for the day when Serfchoices can be brought back to life and advanced even further. (I know GP we have Serfchoices lite now …yeah, yeah.)

  123. 123
    ShowsOn
    Posted Tuesday, October 28, 2008 at 12:14 am | Permalink

    I particularly like Marlon Brandon’s old films, Caesar and Mutiny on the Bounty in particular. ;-)

    Yeah got those and love them both. In fact I have 20 Brando films on DVD.

    A blu-ray of Mutiny on the Bounty would be awesome. Warner released it on HD-DVD, so surely they will do a blu-ray soonish.

    I’ll probably get How the West Was Won first. Warner released it on a format called Smilebox that emulates watching it on a deeply curved Cinerama screen:
    http://www.dvdbeaver.com/film2/DVDReviews40/how_the_west_was_won_blu-ray.htm

    They didn’t release it Smileboxed on DVD, blu-ray only.

  124. 124
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:16 am | Permalink

    My pay increased under Workchoices

    Says Mr Magoo. Only a Liberal would be so selfish and short-sighted as to think it’s only about them personally here and now. “I’m OK, bugger everyone else, including my own descendants.” Humans think of their children and the generations after. They don’t want them to inherit reduced pay, conditions and bargaining power courtesy of the Liberals miserable ideology.

  125. 125
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:18 am | Permalink

    No 122

    Actually there was a long-running saga of threads on Whirlpool that detailed the war between HD-DVD and Blu-Ray. I said BR would win all along. :) The PS3 was the Trojan horse.

    But yes, HD Brando films are always worth the money.

  126. 126
    Fulvio Sammut
    Posted Tuesday, October 28, 2008 at 12:19 am | Permalink

    Cuppa, stop serving them up red cordial while the little darlings are temporarily so engrossed in the movies.

  127. 127
    bob1234
    Posted Tuesday, October 28, 2008 at 12:20 am | Permalink

    GP just shows that like all Liberals, no matter what they say, they still believe in full deregulation of the workplace.

    Despite WorkChoices creating further regulation.

  128. 128
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:21 am | Permalink

    SNIP: Abusive comment deleted – The Management.

  129. 129
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:22 am | Permalink

    No 126

    Yes, notwithstanding some simple minimum standards, the labour market should be fully deregulated.

  130. 130
    bob1234
    Posted Tuesday, October 28, 2008 at 12:24 am | Permalink

    @127

    “Yes, notwithstanding some simple minimum standards, the labour market should be fully deregulated.”

    Full of contradiction. But that’s been your life story on poll bludger eh?

  131. 131
    bob1234
    Posted Tuesday, October 28, 2008 at 12:25 am | Permalink

    And further, do we support Howard’s WorkChoices with increased regulation, or do we not support it, instead supporting deregulation?

  132. 132
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:26 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  133. 133
    bob1234
    Posted Tuesday, October 28, 2008 at 12:28 am | Permalink

    Now i’m a Greens supporter, but I see Christine Milne is on a flight of fantasy again. Different times, different situation, well-entrenched major parties.

    Green government on the way in Canberra: senator – http://www.theage.com.au/national/green-government-on-the-way-in-canberra-senator-20081027-59ti.html

    AUSTRALIA is in sight of a major political realignment that will see the Greens form government in Australia, the party’s climate change spokeswoman says.

    In a speech to the Sydney Institute last night, Christine Milne said there was a “real prospect” the Greens could broaden its support base as the community embraced the need for a “green new deal”.

    She said the Nationals were in decline the Liberals in a state of flux and Labor was disappointing its voters.

    “Just as Labor began with a few individuals being elected and then achieved balance of power and then opposition and government, so too it will be for the Greens. We are on our way to government,” she said.

  134. 134
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:29 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  135. 135
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:30 am | Permalink

    I think Christine forgot to take her medication.

  136. 136
    Spam Box
    Posted Tuesday, October 28, 2008 at 12:31 am | Permalink

    On that note, night all :)

    See you all tomorrow, hopefully we’ll have something better to bitch about ;)

  137. 137
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:31 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  138. 138
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:34 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  139. 139
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:35 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  140. 140
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:36 am | Permalink

    Workchoices reduced unemployment and kept inflation under control.

  141. 141
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:40 am | Permalink

    SerfChoices was an unmandated attack on the pay, conditions, job security, bargaining power and living standards of innocent, trusting employees. It was planned to destroy workers’ unions in this country, to thereby deprive employees of their only form of organised advocacy, and undermine the financial viability of the Labor Party, for the entrenchment advantage of the miserable Liberals, eroding the viability of the two-party system.

  142. 142
    Generic Person
    Posted Tuesday, October 28, 2008 at 12:50 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  143. 143
    Dario
    Posted Tuesday, October 28, 2008 at 12:52 am | Permalink

    Workchoices reduced unemployment

    Post hoc ergo propter hoc

  144. 144
    lefty e
    Posted Tuesday, October 28, 2008 at 12:58 am | Permalink

    Erm, the Greens WILL be forming a government in the ACT. Probably this week. With another party, I grant you, but nonetheless., its a big moment.

  145. 145
    Cuppa
    Posted Tuesday, October 28, 2008 at 12:59 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  146. 146
    Generic Person
    Posted Tuesday, October 28, 2008 at 1:05 am | Permalink

    SNIP: Tedious bickering deleted – The Management.

  147. 147
    lefty e
    Posted Tuesday, October 28, 2008 at 1:08 am | Permalink

    This is not a pipe.

    —U

  148. 148
    ShowsOn
    Posted Tuesday, October 28, 2008 at 1:13 am | Permalink

    This is not a pipe.

    —U

    OK Magritte, let me guess, it’s an em dash and a capital letter u?

  149. 149
    ShowsOn
    Posted Tuesday, October 28, 2008 at 1:19 am | Permalink

    NewsPoll linkage:
    http://www.theaustralian.news.com.au/files/newspoll28oct.pdf

  150. 150
    Generic Person
    Posted Tuesday, October 28, 2008 at 1:32 am | Permalink

    Still a pretty good result for Turnbull during a time when the PM is guaranteeing everything and throwing around $10.4 billion of pork.

  151. 151
    bob1234
    Posted Tuesday, October 28, 2008 at 1:38 am | Permalink

    When Turnbull’s Preferred PM rating is not even matching the coalition, or even the Liberal primary vote, it means he is not even gaining the support of the Liberal base – let alone any swing or minor party voters.

    That’s not a good result for a party leader regardless of the situation.

    You can attempt to sugar coat it all you want GP, or maybe you even believe it. The Liberals are consigned to a decade in opposition.

  152. 152
    bob1234
    Posted Tuesday, October 28, 2008 at 1:42 am | Permalink

    http://www.theaustralian.news.com.au/files/newspoll28oct.pdf

    WOW, check out Rudd’s satisfaction/dissatisfaction rating! Amazing! It hasn’t been that good for many polls!

  153. 153
    bob1234
    Posted Tuesday, October 28, 2008 at 1:48 am | Permalink

    Also check out the ‘who is best to handle the economy’…

    Rudd goes from 41% to 50%

    Turnbull falls from 43% to 35%

    Ahh, the merchant of venice is being beaten at his own game. Quite the amusement.

  154. 154
    Posted Tuesday, October 28, 2008 at 1:53 am | Permalink

    In case you haven’t worked it out by now: when you have a comment in moderation, the comment appears on your screen along with the notice that the comment is awaiting moderation. This comment isn’t there for everybody else, which means subsequent comments are numbered one higher as you see them.

  155. 155
    Posted Tuesday, October 28, 2008 at 2:01 am | Permalink

    Both of these polls show Rudd’s personal ratings continuing to increase markedly right across the board, so there can be no doubt at all that he is wining with the electorate and they have already developed increased confidence in him.

    Turnbull it seems has gotten everyone scratching their heads and not knowing what to make of him. He has hardly changed, has lots of undecideds. They certainly don’t want him as PM or financial manager. I think people don’t understand what he is on about or what point he is trying to make since he changes his position so much. However it appears that more people are going to jump to Rudd and Labor.

    From memory when we have had polls where Rudd’s personal ratings had improved but not the TPP the next polls showed an increase in the TPP. As though we are watching people half way through jumping over.

    The last batch of polls has showed Rudd increasing his personal standing even when already high. Surely this will be followed by a few point jump in the polls shortly.

    I also get the feeling that Turnbull’s behavior is getting close to the line of revealing his true character. The sinister slippery side may rise to the surface occasionally and the negative attacks whilst they might get a few points off Rudd eventually may also critically stain himself. No wonder the OO and others media are doing their hardest to help Turnbull, he would have no hope otherwise.

    I reckon without all this latest B/S from Turnbull and his media remoras the ALP may have picked a few more points.

    Labor just needs to refer to Turnbull’s behavior as sinister or slippery barrister stuff just to put the idea into people’s heads then they can observe Turnbull.

  156. 156
    Frank Calabrese
    Posted Tuesday, October 28, 2008 at 5:05 am | Permalink

    Offtopic levity :-)
    For fans of Clarke & Dawe, here is Brian Dawe back in his pop star days :-)

    http://au.youtube.com/watch?v=qk_zIxcP_7o

  157. 157
    Bird of paradox
    Posted Tuesday, October 28, 2008 at 6:04 am | Permalink

    Further offtopicness: Frank + other Westralians, if you’re interested in meeting / bothering / shouting at Allanah MacTiernan, she’s at Oak Lawn, UWA, 1pm. Meet ‘n’ greet thing, put on by UWA Young Labor. I aim to stand out by (a) having voted for her in her own seat, and (b) the shirt. Meet me, you’ll understand. :)

  158. 158
    Boerwar
    Posted Tuesday, October 28, 2008 at 6:22 am | Permalink

    A propos of the past few weeks, it looks like the people have got it right. they understand that Rudd/Swann have mostly got it right, if not always at the first go, and if not always in the detail. But, Rudd/Swan have mostly got the big picture right, which is all about confidence. Turnbull/Bishop have mostly got it wrong, often at the first go, because they don’t get the confidence bit, or their role in supporting public confidence. Quite the opposite, in fact. Turnbull has missed a huge opportunity to look like he gets the basic fact of economic management right now which is building confidence, not white-anting it. Anyway, grumpily:
    Question: ‘What is the difference between Rudd and Turnbull?’
    Answer: ‘Rudd is a control freak and Turnbull is an out-of-control freak.’

  159. 159
    dawson
    Posted Tuesday, October 28, 2008 at 7:08 am | Permalink

    LeftyE
    the Greens being part of a coalition government is scarcely new, so how can it be seen as a great step forward? Tasmania has seen at least two Green coalition governments, firstly with Labor and then with the Liberals.
    Working from memory (too lazy this morning to google), both were seen as failures, with both of the majors subsequently declaring they wouldn’t work with the Greens again.

  160. 160
    Bushfire Bill
    Posted Tuesday, October 28, 2008 at 7:09 am | Permalink

    I glanced at the Australian’s front page on-line: there is very little publicity being given to this poll. I wonder why? You’d think Shanahan would be trumpeting a fall of 1 point in 2PP… “thin end of the wedge” and all that. I wonder how all this will play in their “the Rudd government is a ‘oncer’” and “Turnbull plays for keeps” hymn books?

    The hapless comment that Shaun Carney made in his Saturday article that the Turnbull, the political brawler and “take no prisoners” bare-knuckle street fighter, inflicts a lot of damage on himself, but doesn’t care as long as he inflicts more on his opponent seems kind of quaint in the light of today’s poll. We’ve seen the damage he’s inflicted on himself… still waiting to see the other half of the equation.

    Off-Topic: Blu Ray v. Standard Definition DVD
    Although I reserve final judgement, as I have not seen the extent and nature of the films in Generic Person’s library, I express a cautious agreement with him that Blu Ray is a superior entertainment medium to standard definition DVD.

    I am shocked to agree with him again that there is no perceptible difference between 1080i and 1080p display devices. The reason I am shocked is that this makes two instances of agreement with GP in one post, on one topic.

    So, you can imagine my horror when I find myself agreeing with GP a third time. Marlon Brando’s high-camp performance in Mutiny On The Bounty is a corker.

    I must warn Bludgers that on a small screen (i.e. anything less than about 100cm diagonal), it is difficult for the non-aficianado to see the quality difference between Blu Ray (or the now defunct HD-DVD) and a good quality Standard Definition DVD. However, using a 1920 x 1080 pixel projector on a 3200 x 1350mm Cinemascope screen (with an anamorphic projection lens added to the system to widen the image to its full 2.40:1 ’scope aspect), viewed from about 4 metres away – as I do – is a truly stunning, totally cinematic experience. The image reveals more and more detail; detail which is completely missing on Standard Definition DVD. 1920 x 1080 resolution is very close to the standard adopted for commercial digital projection (2048 x 1080) in cinemas.

    Unfortunately, the selection of classics available on Blu Ray is limited. It will probably take a couple of years for the studios to get up to speed on their back catalog. However, a well-transferred 4:3 aspect B&W “classic” works pretty well with the projection system described above (without the ’scope lens being used, of course). Certainly much better than just watching these movies on a TV screen. The reason is that 4:3 films use the complete available resolution of Standard Definition, whilst – counter-intuitively, perhaps (to use La Stupenda’s favourite word) – 16:9 and 2.40:1 widescreen films fall significantly short of that utilisation.

  161. 161
    Bushfire Bill
    Posted Tuesday, October 28, 2008 at 7:43 am | Permalink

    At last a comment from Shanahan:

    Just as there were signs that voters were beginning to be concerned about a lack of decision from the Prime Minister and his economic credentials the latest Newspoll survey shows he has boosted his leadership back to near-record levels.

    You can almost see the tears rolling down his face. Dennis thought he had Kevin on the ropes with his stupid story about who said what to whom and when.

    Oh well, back to those little pieces of paper and the Ouiji board, Dennis.

  162. 162
    ltep
    Posted Tuesday, October 28, 2008 at 8:09 am | Permalink

    news.com.au is running their story on the polls under the headline:

    ‘Generation turing cold on environment’

    As far as I can see there is no other coverage of the poll on the main page.

  163. 163
    steve
    Posted Tuesday, October 28, 2008 at 8:37 am | Permalink

    You can almost see the tears rolling down his face. Dennis thought he had Kevin on the ropes with his stupid story about who said what to whom and when.

    Oh well, back to those little pieces of paper and the Ouiji board, Dennis.

    The bad news from this Newspoll is the poor timing of the stunt that the Oz and Liberal Party tried to pull on the Australian people. With the last interest rate cut yet to flow fully through and another large interest rate cut certain next month it has got to be the worst time of the century to be running around actively talking down the Australian economy by the Opposition. Their argument on extending the guarantee has been contemptible.

    With the Christmas silly season fast approaching there is now little hope of the Opposition making any traction until well into next year.

    From memory I think that Possum’s work on the effects of interest rate cuts is highest for the Government six weeks after they are announced so there is plenty of pain still to come for Turnbull and the Liberals.

  164. 164
    steve
    Posted Tuesday, October 28, 2008 at 8:49 am | Permalink

    As ruawake pointed out on the night of the one percent interest rate cut, interest rates are lower now than when Howard gained office and also when he left office.

  165. 165
    Fulvio Sammut
    Posted Tuesday, October 28, 2008 at 9:19 am | Permalink

    There is no doubt after the past week in politics that the Liberals are the best economic scavengers, picking their way recklessly, like demented hyenas, through the entrails of the financially moribund such as the self managed funds, in the hope of finding some indigestible viscera for themselves and their supporters to gnaw on.

    Standards will always be lower under the Liberals.

  166. 166
    Posted Tuesday, October 28, 2008 at 9:34 am | Permalink

    Now, trying to be as fair as I can here, this is a serious dilemma for an opposition, any opposition. If they attack the government’s handling of the economy in a crisis, they will be accused of undermining confidence, talking down the economy, etc etc, as indeed the Libs are now being accused. But if they do nothing, if they support the government, will they get credit for putting the public good before party self-interest? Of course not. They’ll be ignored, or else derided as weak and having no policies. The duty of an opposition is to oppose, and they must do this in the knowledge that against a popular first-term government, they will get knocked down a lot before they can hope to land any blows. But they have no choice. Let’s ask ourselves, What Would Kevin Do? If the boot was on the other foot, would he patriotically abstain from attacking PM Turnbull’s handling of the GFC? Of course not, he’d go in boots and all, using any populist stick he could find. And if perchance he didn’t, he’d be rolled in favour of someone who would. Opposition Leader is inherently a position of weakness. The only way to survive in it is to attack. That’s what Turnbull is doing, because he has no choice. Since his attacks lack credibility, and are not cutting through, he’ll probably go down in flames. But if he doesn’t attack he’ll go down anyway.

  167. 167
    Fulvio Sammut
    Posted Tuesday, October 28, 2008 at 9:38 am | Permalink

    You are of course right Adam, but just for once I am enjoying basking in moral superiority…..

  168. 168
    steve
    Posted Tuesday, October 28, 2008 at 9:48 am | Permalink

    Don’t get me wrong Adam, I actually enjoy watching a Liberal Party frothing at the mouth, running around in circles, offering bi partisan support one day, trying to kick the economy to death the next.

    Outside of gaining themselves a reputation of carping, destructive whingers I am not sure that politically it can achieve much except perhaps poor poll results.

  169. 169
    Socrates
    Posted Tuesday, October 28, 2008 at 10:02 am | Permalink

    Adam 165

    I agree – that is exactly why I said in my post 41 that I wouldn’t be too upset about the 1% drop in 2PP if I was Labor. Turnbull is playing a risky game and if Rudd keeps reminding people every time Turnbull says something alarmist, he has a lot to lose.

    Also, there are still the benefits of the stimulus package measures to kick in yet. Polls will improve in November and December as that happens when the pensioners get their payment.

  170. 170
    Hugo
    Posted Tuesday, October 28, 2008 at 10:04 am | Permalink

    Interesting theory Adam, and for the most part I agree with you. However, if we compare Opposition behaviour in 2007 and in 2008 (though obviously last year was an election year, and so qualitatively different in terms of the zeitgeist), perhaps a different story emerges. One of my abiding memories of last year was KR’s refusal to engage on the wedge issues (eg the Intervention, Haneef etc). Rudd would merely support the government in theory and then wait for the issue to blow up in Howard’s face. This year, however, the Oppostion has taken a scatter-gun approach, critisising everything the government does, in the hope that something sticks.

    IMHO, I don’t think such tactics work too well out there in Voter-land, as the two polls from recent days attest. People don’t like a whinging Opposition, and as such, an Opposition needs to choose its fights carefully.

    My view is that the Liberal Party is behaving a bit like the ALP (and the Left generally) in the late 90s. People like us just couldn’t believe that anyone could vote for Howard, so we made excuses for it (eg ‘96 was all about Keating, ‘98 Bomber won the popular vote, ‘01 all about Tampa etc). It took a long time for the engaged Left to appreciate that the average swinging voter didn’t actually hate Howard like we did, and that our constant carping was actually a bit of turn-off for these people. And so it is with Rudd. The Libs have this idea that he is a “phoney”, and if they can just make the public understand that, then they will be back in government and all will be well. Thing is that people don’t like to be told that “they got it wrong”, and as such the ALP will be miles ahead (all other things being equal) until well into their second term.

  171. 171
    ltep
    Posted Tuesday, October 28, 2008 at 10:07 am | Permalink

    I agree with some of what you’re saying Hugo. It’s funny that people who were so willing to call anyone who criticised Howard ‘Howard Haters’ are now diong the same thing with Rudd. ‘Rudd Haters’ of course doesn’t have the added joy of alliteration.

  172. 172
    Oz
    Posted Tuesday, October 28, 2008 at 10:09 am | Permalink

    the Greens being part of a coalition government is scarcely new, so how can it be seen as a great step forward?

    The Greens have never been part of any formal coalition. For the first time in history they are in a position to take ministerial portfolios and have been offered them. I believe that is the “great step forward”.

    So remember how I said yesterday that the drop in the 2PP could mean that Labor’s primary vote was up and the Greens primary vote was down back to 9? Win.

  173. 173
    Hugo
    Posted Tuesday, October 28, 2008 at 10:10 am | Permalink

    Rudd Riders? Rudd Wreckers? Repelled by Rudd? Kevin Critics? Agreed, Itep, none of them have the smooth cadence of “Howard Haters”.

  174. 174
    Posted Tuesday, October 28, 2008 at 10:13 am | Permalink

    Konstant Karping Kritics and Kastigators of Kevin, or K5s for short.

  175. 175
    evan14
    Posted Tuesday, October 28, 2008 at 10:16 am | Permalink

    The media, especially the ABC/News Ltd, have given Turnball such a free kick over the last fortnight! And yet the public aren’t buying the idea that Rudd/Swan can’t handle the economy? It goes to show how out of touch the MSM are, again!

  176. 176
    Dario
    Posted Tuesday, October 28, 2008 at 10:18 am | Permalink

    lol Adam

  177. 177
    evan14
    Posted Tuesday, October 28, 2008 at 10:19 am | Permalink

    And the ABC are doing their best to give John McCain favourable coverage – WTF?

  178. 178
    Oz
    Posted Tuesday, October 28, 2008 at 10:23 am | Permalink

    It’s called balance, evan14. Balance.

  179. 179
    Dario
    Posted Tuesday, October 28, 2008 at 10:26 am | Permalink

    Your ABC. Fair and balanced.

  180. 180
    Posted Tuesday, October 28, 2008 at 10:31 am | Permalink

    They report, you decide.

  181. 181
    ltep
    Posted Tuesday, October 28, 2008 at 10:35 am | Permalink

    It appears Mr Downer personally didn’t want Haneef’s visa to be cancelled at the time of the events, instead it was his view that:

    “If the court refused to allow more deadtime on Friday, Mr Downer’s strong preference was that there be a couple of days’ grace, during which it was to be hoped that Haneef himself would see the writing on the wall and leave Australia voluntarily.”

    How charming. In other words, he was hoping he’d realise he wasn’t wanted here and to go back to where he comes from.

  182. 182
    Socrates
    Posted Tuesday, October 28, 2008 at 10:41 am | Permalink

    Agree with ltep on Downer, though I don’t think he was the principal agent in the Haneef case. I’d still like to hear what was Kevin Andrew’s role. I think he still has a lot of explaining left to do.

  183. 183
    Albert Ross
    Posted Tuesday, October 28, 2008 at 10:44 am | Permalink

    n case you haven’t worked it out by now: when you have a comment in moderation, the comment appears on your screen along with the notice that the comment is awaiting moderation. This comment isn’t there for everybody else, which means subsequent comments are numbered one higher as you see them.

    Is that a bug or a feature?

  184. 184
    Oz
    Posted Tuesday, October 28, 2008 at 10:51 am | Permalink

    http://news.smh.com.au/national/govt-wont-meet-funds-commitment-murray-20081028-5a1t.html

    The chairman of the Future Fund says that there’s no way in the current cycle the Government is going to be having the kinds of surplus’ we’ve had in the past. I agree. That brings up the fact that it was positive economic circumstances that created the surplus’ not any magical financial wizardry on the part of Peter Costello.

    How sad for this country that tens of billions of dollars of surplus were wasted instead of being invested in infrastructure. And now there’s a government that wants to invest they’re hamstrung by this economic collapse. Arghhhh.

  185. 185
    Dario
    Posted Tuesday, October 28, 2008 at 10:52 am | Permalink

    Is that a bug or a feature?

    In the software world, a bug is just an undocumented feature :)

  186. 186
    Albert Ross
    Posted Tuesday, October 28, 2008 at 10:54 am | Permalink

    The media, especially the ABC/News Ltd, have given Turnball such a free kick over the last fortnight! And yet the public aren’t buying the idea that Rudd/Swan can’t handle the economy? It goes to show how out of touch the MSM are, again!

    In an every accelerating rush to toady to the rich and powerful the ABC have now handed over the soapbox of the once illustrious Boyer Lectures to a geriatric US businessman, the Dirty Digger.

    What with their spinelessness on criticism of programs like the Religion Report it seems that ABC management have given up attempting to be innovative and cutting edge. All we are going to get is a regurgitation of News Ltd AGMs but without the dissenting voice of Stephen Mayne.

    Shame ABC Shame.

  187. 187
    Posted Tuesday, October 28, 2008 at 11:02 am | Permalink

    Why PR sucks, episode 989347
    http://www.theage.com.au/news/world/israelis-wonder-if-livni-is-the-answer/2008/10/27/1224955950058.html

  188. 188
    Oz
    Posted Tuesday, October 28, 2008 at 11:04 am | Permalink

    PR is not the problem. Pathetic parties and a 2% threshold are the problem.

  189. 189
    ltep
    Posted Tuesday, October 28, 2008 at 11:08 am | Permalink

    “BOOK editor Peter van Onselen says he was “disgusted and embarrassed” to learn that the deputy Liberal leader, Julie Bishop, had not written the essay which appeared in his book under her name.”

    I’d be pretty embarrassed as well (to have even bothered editing such a book)!

    “Dr van Onselen said he was confident that her article was the only plagiarism in the book, although he said Brendan Nelson, who was Opposition leader at the time, may have had help from a staffer in preparing his article for the book. Dr Nelson could not be reached for comment yesterday.”

    Read: He didn’t write his article either

    “The other MP contributors to the book, Liberals And Power – The Road Ahead, were Tony Abbott, George Brandis, Michael Keenan and Brett Mason”

    Well I can tell this will be a gripping page turner! Can’t miss that one…

  190. 190
    steve
    Posted Tuesday, October 28, 2008 at 11:13 am | Permalink

    Ltep – you’ve probably read the book already under the names of other authors.

  191. 191
    ltep
    Posted Tuesday, October 28, 2008 at 11:15 am | Permalink

    Yes Steve, Brandis’ contribution will begin ‘I’m George, I’m from Queensland and I’m here to help’.

  192. 192
    steve
    Posted Tuesday, October 28, 2008 at 11:20 am | Permalink

    or given his Lateline performance last week,”I’m George, I’m from Queensland and I’m here to talk down the Australian economy.”

  193. 193
    Oz
    Posted Tuesday, October 28, 2008 at 11:24 am | Permalink

    And talk over everyone else.

  194. 194
    lefty e
    Posted Tuesday, October 28, 2008 at 11:34 am | Permalink

    I actually think the ABC reportage is among the worst, and lazy as well. This morning I heard a reporter say “the freezing of funds CAUSED BY the government bank gurantee”.

    Hey, you ABC slacktards: check this list before opening yer traps. http://www.maynereport.com/articles/2008/08/28-0958-6879.html

    More than half of these froze BEFORE the government gurantee was issued. How do you CAUSE something that happened beforehand? Hmmmm??

    example: “Macquarie Group: froze redemptions on its $1 billion Direct Property Fund and Direct Wholesale Property Fund on August 25.”

    The govt issued its banking gurantee on October 12.

    What is it the media doesnt get about time, space and causality?

    And as for Malcolm, well, you be the judge. Talking it all down for partisan gain? He must be aware the funds were freezing beforehand.

  195. 195
    Spam Box
    Posted Tuesday, October 28, 2008 at 11:50 am | Permalink

    ltep @ 188

    Where did you get the quote about Nelson getting some help? I can’t see it in the original article.
    In comments I asked Onselen if he had confirmation that all the others wrote their own bit but he didn’t reply (did post the comment though so credit to him for that)

  196. 196
    steve
    Posted Tuesday, October 28, 2008 at 11:53 am | Permalink

    lefty e perhaps the funds could do what Peter Martin suggests and begin advertising. (Language warning.)

    http://petermartin.blogspot.com/2008/10/perhaps-funds-should-ramp-up-their.html

  197. 197
    Spam Box
    Posted Tuesday, October 28, 2008 at 11:56 am | Permalink

    Oh, Ok cancel that request ltep, I found it at SMH :)

  198. 198
    Spam Box
    Posted Tuesday, October 28, 2008 at 12:00 pm | Permalink

    steve @ 195

    rofl, thanks for that clip – very funny :)

  199. 199
    bob1234
    Posted Tuesday, October 28, 2008 at 12:05 pm | Permalink

    Posts 150-200 have provided the biggest entertainment on poll bludger for a while. The Liberals really are screwed aren’t they…

  200. 200
    Socrates
    Posted Tuesday, October 28, 2008 at 12:25 pm | Permalink

    Oz 183
    Your comments on the soon to dissappear surplus are no doubt sadly true. ABC reported version is here:
    http://www.abc.net.au/news/stories/2008/10/28/2403163.htm

    Funny isn’t it – I thought the surplus was due to the Howard government’s good economic management and introduction of Workchoices?

    While I don’t doubt Muray’s comments on the surplus, I found his other comments on the government buying a stake in the property funds hard to swallow. Two questions: 1. why? They are at risk investments and he as a former bank CEO shoudl know that.
    2. if we did that, and already face having no surplus, what do we then use to restart the economy with? Silly idea.

  201. 201
    mexicanbeemer
    Posted Tuesday, October 28, 2008 at 12:33 pm | Permalink

    I’m not surprised by these poll numbers for the past two weeks have been Interesting.

    Both sides have made clear mistakes, I think the voters are starting to turn off! which is bad news for Turnbull, the reason why I think they are turning off is they mostly understand that the situation is a flow on from a global downturn and while people are concerned in general they are pleased with the Governments $10.4B package and the cuts in Interest Rates.

    Sure there have been some job loses but as we know that is a common thing and in reality Unemployment hasn’t risen in an out of control fashion, generally the correction in property prices would be seen as a good thing and while people would be concerned by the falling value of Superfund’s and the share market they fully know that this is due to the global economy.

    I would imagine within most financial companies some sort of brief has been provided to employees regarding the companies position both in the short term and long term.

    While the job market has tightened there are still jobs out there the point being the majorly have some understanding the state of the economy, the Government has done several very good things while the opposition have for the most part focused on who said what to whom and when.

    I think it was Hugo who said it reminded him of the ALP in the late 90s and that is a very good way of putting it for the Liberal Party may well be making great points that go down really well in North Sydney and Kooyong but to the voters of Mortgage land to quote Clark Garbo “Quite frankly my dear I don’t give a damn.

    These voters look at the cut in Interest rates and the handouts and think their money is safe in the bank therefore life is still good. sure the Rudd Government has made several mistakes this week that have hurt it but at this stage the only people taking note of those are what we would call Liberal Voters a bit like during the 90s the ALP voters would go red in the face over something which to most was nothing.

    If an election was held now I would expect the ALP to be returned but I seriously dealt there would be a landslide, in fact the ALP might lose a few seats.

    54-46 is a 1% swing to the ALP.

  202. 202
    bob1234
    Posted Tuesday, October 28, 2008 at 12:50 pm | Permalink

    No Future: Credit crisis killing infrastructure plans – http://www.abc.net.au/news/stories/2008/10/28/2403163.htm

    Thankyou very much Howard. The boom years, wasted.

  203. 203
    Socrates
    Posted Tuesday, October 28, 2008 at 12:50 pm | Permalink

    There was a remarkably good economic result (5% GSP growth!) reported for Qld today:
    http://news.smh.com.au/national/queensland-economy-grows-at-51-per-cent-20081028-5a5l.html

    When does Anna Bligh have to go to an election? She must be desperately hoping this holds up till after then. It won’t of course, but even if the Qld growth rate halved it would still be respectable. I suspect that result will be close.

  204. 204
    Socrates
    Posted Tuesday, October 28, 2008 at 12:54 pm | Permalink

    bob

    Yes they were. A lot of financiers driving around in foreign cars and yuppies in McMansions will be the principal Howard legacy.

    Call em biased as an engineer but the frustrating thing now is that, even if more serious money is put into “nation building” type infrastructure projects, most of the really substantial ones take several years to get going. it isn’t just red tape: for example if you have to resume land for a new rail line, people have statutory rights of appeal. Similarly with environmental studies: many are needed to establish safe design criteria for the projects. So even with swift action, 2009 could be a fairly lean year.

  205. 205
    Oz
    Posted Tuesday, October 28, 2008 at 12:56 pm | Permalink

    I don’t know what’s so bad in QLD that warrants replacing the Government with Springborg.

  206. 206
    steve
    Posted Tuesday, October 28, 2008 at 12:59 pm | Permalink

    Socrates the next Queensland election is due by September next year. This week will be interesting too as state parliament is meeting in Cairns for three days beginning today.

    I’m not sure if Question time will be delayed because of the regional parliament but there is usually a series of gaffes by the Liberal National Party that make hansard a quirky read. I’ve got this week off work so if the Liberal National Party do anything usual, I’ll share the stupidity far and wide.

  207. 207
    Socrates
    Posted Tuesday, October 28, 2008 at 1:03 pm | Permalink

    Oz

    I don’t have a strong opinion on Bligh; I was just observing that recent opinion polls have been closer. If the economy tightens as well that would make the election tight. Of course, the pinneapple party leadership saga will still help Bligh enormously when the crunch comes.

  208. 208
    steve
    Posted Tuesday, October 28, 2008 at 1:07 pm | Permalink

    The Liberal National Party always poll well when they are in hiding and with absolutely no policies. One they come out in public with a policy or two in tow things go pear shaped very quickly.

  209. 209
    vera
    Posted Tuesday, October 28, 2008 at 1:23 pm | Permalink

    David Murray was one of the reasons we switched banks from Commonwealth to ANZ, When he was head of Commonwealth Bank he was Howards most strident supporter. Every election he’d be there with the Rodent singing his praises.
    So I personally wouldn’t take much notice of anything he had to say

  210. 210
    bob1234
    Posted Tuesday, October 28, 2008 at 1:26 pm | Permalink

    vera @ 209, I assume you’re replying to:

    “No Future: Credit crisis killing infrastructure plans – http://www.abc.net.au/news/stories/2008/10/28/2403163.htm

    Thankyou very much Howard. The boom years, wasted.”

    Regardless of who says it, it is true. The crunch is here, locally and globally money is not being splashed around like candy anymore, the time to invest in nationbuilding during the boom years has come and gone.

    That is Howard’s legacy. The wasted years and WorkChoices.

  211. 211
    Socrates
    Posted Tuesday, October 28, 2008 at 1:26 pm | Permalink

    Vera
    No I think Murray is talking rubbish about extending the guarantee. But I fear he may be right about the surplus.

  212. 212
    vera
    Posted Tuesday, October 28, 2008 at 1:30 pm | Permalink

    I agree the surplus is stuffed, just saying I wouldn’t want Rudd taking advice from this bloke.

  213. 213
    steve
    Posted Tuesday, October 28, 2008 at 1:34 pm | Permalink

    Why would Murray even be commenting on extending the guarantee?

  214. 214
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 1:43 pm | Permalink

    Looking at those Newspoll figures I’m struggling to find any proof to support GP’s comment that Malcolm is holding his own. Or was he referring to something else?

  215. 215
    Dario
    Posted Tuesday, October 28, 2008 at 1:44 pm | Permalink

    Probably because a journalist was looking for a quote

  216. 216
    Oz
    Posted Tuesday, October 28, 2008 at 1:44 pm | Permalink

    “the surplus is stuffed”.

    How succinct.

  217. 217
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 1:50 pm | Permalink

    Has anyone been able to find an economist yet that believes the Federal government has taken the wrong path in all of this financial mess?

  218. 218
    Posted Tuesday, October 28, 2008 at 2:02 pm | Permalink

    John Stone probably does. What has Terry McCrann had to say? What has John Hewson had to say?

  219. 219
    Socrates
    Posted Tuesday, October 28, 2008 at 2:12 pm | Permalink

    GB
    If your question sought a qualified, independant economist I think the answer is no – they all agreed the bank guarantee was necessary, same with the drop in interest rates, same with the fiscal stimulus. There was some debate on the way the first home buyer bonus was handled (could have led to inflation) but overall no – I am not aware of any credible Australian economic analysts who dissented. I’m still not.

  220. 220
    dave
    Posted Tuesday, October 28, 2008 at 2:16 pm | Permalink

    re “the surplus is stuffed”.

    The Govt can and will go into deficit OR use its AAA credit rating to borrow to spend on infrastructure etc, which in turn will help kick the economy along.

    Nothing wrong with that – over the cycle.

    They have also said they will dip into the future fund if need be as well. Bear in mind the future fund was a con anyway. tip and co just didn’t have a clue where to spend it anyway despite the crying need for nation wide infrastructure spend.

    BTW the future fund was and is a con is because it was supposedly set up to meet unfunded public service pension liabilities – the baby boomer generation in the main.

    Some years ago – 5 years or so ?? the commonwealth adopted accrual accounting with provision is set aside on a yearly basis to met such liabilities.

    With the progressive retirement of the boomers in coming years and as they progressively fall off their perches the liability with also run off. OK these people are in retirement and still need to be paid pensions etc, but the liability does run off.

    The need for the fund was always overstated, although was probably a good idea from the viewpoint that rodent would spent it on election bribes as he did with the bulk of the windfall from the minerals boom.

    Saul Estlake from ANZ calculated that the rodent years saw about $309 B of $310 B from the minerals boom in giveaways basically wasted and with nothing in the way of nation building to show for it.

    A epitaph of the rodent years if there ever was one.

  221. 221
    Socrates
    Posted Tuesday, October 28, 2008 at 2:18 pm | Permalink

    That being said, here is some more sobering news on the underlying problem in financial markets (outside Australia): banks (and others) still haven’t come clean on who owes what to whom, and how many bad debts they hold:
    http://www.ft.com/cms/s/0/3c241b54-a380-11dd-942c-000077b07658.html?nclick_check=1

    This is why banks are reluctant to lend to each other now – they don’t know who is a bad credit risk. This is also why the government should NOT be issueing guarantees to anyone but savings banks that are an essential part of the day to day economy.

  222. 222
    steve
    Posted Tuesday, October 28, 2008 at 2:20 pm | Permalink

    Adam count McCrann out.

    In this context, the 'price' of the unlimited bank guarantee can be seen as well worth paying. It explains precisely why Treasury secretary Ken Henry and RBA governor Glenn Stevens were 'of one mind'.

    Even though granted, that does not solve the very real problems that have eventuated. But it would not be a good idea to try to address them by extending the guarantee.

    At its most brutal, bank deposits needed to be a protected species - the future of Australia was literally on the line. Other forms of investments did not.

  223. 223
    David Charles
    Posted Tuesday, October 28, 2008 at 2:26 pm | Permalink

    GB @ 214 The Newspoll figures for the Australian Labor Party are very good at the moment, and not so good (without being disastrous) for the other side of politics. It is a little early yet to say whether or not Malcolm is ‘holding his own’ but the Liberals to be competitive (even at this relatively early stage of the electoral cycle) probably need a Coalition primary vote above 40% so I guess it’s fair to say the Opposition Leader and the Coalition parties should be concerned about the relatively low level of voter support for them and understand (if they do not already) that they have plenty of work to do.

    A crucial time to assess how each side is travelling as the momentum gathers for the next Federal election, will be around the conclusion of the financial year ending 30 June 2009 (that is, after the next Federal budget has been announced and also after some months have passed so we can see evidence of the extent to which the GFC has affected the Australian economy, particularly levels of unemployment).

  224. 224
    steve
    Posted Tuesday, October 28, 2008 at 2:28 pm | Permalink

    A very weird ending to that article, he claims to know a solution in the last three paragraphs but doesn’t get to tell us what it is.

    http://www.news.com.au/heraldsun/story/0,21985,24561145-36281,00.html

  225. 225
    steve
    Posted Tuesday, October 28, 2008 at 2:33 pm | Permalink

    Hang on, his solution is for the funds to get access to liquidity. If only the whole world financial system would take Terry’s advice we would have solved the problem. What a genius.

  226. 226
    steve
    Posted Tuesday, October 28, 2008 at 2:44 pm | Permalink

    I hope the Herald Sun isn’t stupid enough to actually add to his liquidity by paying him to write this simplistic dribble.

  227. 227
    Posted Tuesday, October 28, 2008 at 3:13 pm | Permalink

    Is Alan Wood still economics editor of the Australian? What has he been saying?

    I’d be very interested to know Hewson’s view. I’m sure the media will have been after him – if he hasn’t said anything he must be lying low so he doesn’t have to criticise Turnbull.

  228. 228
    vera
    Posted Tuesday, October 28, 2008 at 3:35 pm | Permalink

    Sky Nooze main story…. by David Spears in USA
    “Obama campaign looking at Kevin Rudds emphatic victory for inspiration”

  229. 229
    MayoFeral
    Posted Tuesday, October 28, 2008 at 3:49 pm | Permalink

    lefty e @ 194 -

    I actually think the ABC reportage is among the worst, and lazy as well. This morning I heard a reporter say “the freezing of funds CAUSED BY the government bank gurantee”.

    IMO, it’s a bit hard to be critical of the ABC when the Government, particularly Swan, seem to be accepting the total blame for the frozen funds as an unintended consequence of the bank guarantees too. Buggered if I know why. There’s been enough information posted here in the last day or two demonstrating that while the guarantees undoubtedly haven’t helped matters (with more than a little help from the Opposition’s hysterics) they weren’t thecause. You’d think Swan et al would be even more aware of the true state of play than us.

    An explanation of why extending the guarantee to the mortgage funds is not a smart thing to do wouldn’t hurt either.

    They may be doing all the right things in financial terms, but I am starting to despair of the Government’s handling of the politics.

  230. 230
    Posted Tuesday, October 28, 2008 at 3:59 pm | Permalink

    Swan will need to be very careful what he says about mortgage trusts and why government wont guarantee them, otherwise he risks having people think they are too risky to guarantee. I’m not sure if he would want to say there was a run on them prior to the guarantee as that will get people thinking that there IS a problem with these things. So best thing for him to say is not much.

  231. 231
    dave
    Posted Tuesday, October 28, 2008 at 4:03 pm | Permalink

    TP

    Its a pity allbull didn’t take your advice. He has gone out of his way to talk up problems.

    Not a good look for someone who is soo desperate to be PM.

  232. 232
    Socrates
    Posted Tuesday, October 28, 2008 at 4:04 pm | Permalink

    MF

    Well they should explain five things about the bank guarantees:
    1. there was no choice on the bank guarantees – action had to be taken, and it was a policy implemented globally
    2. the bank guarantees have worked – our banks are OK and our econmy is still moving
    3. investment funds are not bank accounts – and some were frozen before this anyway
    4. people with money in frozen funds haven’t lost their cash – it is still there earning dividends. They will just have to wait, and they can get assistance in the mean time.
    5. extending the guarantee to investment funds would be too messy (do share funds get it?), too expensive, and there was never any suggestion that they were government guaranteed in the first place.

    Simple. Even Shanahan could understand it.

  233. 233
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 4:05 pm | Permalink

    223 – A fair assessment David. I agree.

  234. 234
    Socrates
    Posted Tuesday, October 28, 2008 at 4:06 pm | Permalink

    Permission granted to messrs Rudd and Swan to use a modified vesion of 232 to reassure the nervous nellies. ;)

  235. 235
    dave
    Posted Tuesday, October 28, 2008 at 4:14 pm | Permalink

    The only jurno yet to ask allbull what his detailed policy is on the G/- and related matters is red kerry.

    Allbull was asked repeatedly but refused to answer the questions.

    Why have no other jurnos even raised the matter. Is this not more than a fair question when allbull is talking up economic disaster for the nation.

    These were questions repeatedly asked of labor in opposition.

  236. 236
    steve
    Posted Tuesday, October 28, 2008 at 4:18 pm | Permalink

    Adam there is a 2UE radio interview with John Hewson here from Sunday 26/10/08. He wants bipartisanship, and agreement on detail as to how to handle the GFC.

    RBA, Treasury Govt, Opposition all locked in room till agreement reached..All about confidence. On about falls in Superannuation. Wants stability as soon as possible.

    http://www.2ue.com.au/timwebster

  237. 237
    Posted Tuesday, October 28, 2008 at 4:29 pm | Permalink

    Thanks Steve. That’s just a dodge, if he won’t say what he thinks actually ought to be done. Just calling for consensus is not a policy.
    As Lord Melbourne said to his Cabinet, “My Lords, Gentlemen, I don’t care a damn what we say, so long as we all say the same thing.”

  238. 238
    Socrates
    Posted Tuesday, October 28, 2008 at 4:31 pm | Permalink

    Steve

    Nobody can guarantee stability, or a halt to falls in superannuation. That agreement isn’t going to happen if anyone in the room is sane. Nor is there any obligation to agree with the opposition.

  239. 239
    steve
    Posted Tuesday, October 28, 2008 at 4:39 pm | Permalink

    I think Hewson has the experience to pick how much potential there is for damage to the Liberal Party and took the opportunity to mouth what he thought would be soothing words to the faithful.

  240. 240
    rusty
    Posted Tuesday, October 28, 2008 at 4:46 pm | Permalink

    Why would you look to Hewson for advice? He lost the ‘unloseable election’.

  241. 241
    steve
    Posted Tuesday, October 28, 2008 at 4:50 pm | Permalink

    rusty, seems like the old good cop, bad cop game. Turbull out there kicking heads while Hewson is talking consensus and the Opposition inside the tent etc.

  242. 242
    lefty e
    Posted Tuesday, October 28, 2008 at 4:52 pm | Permalink

    Mayo feral – I guess unlike Talcum, Swan isn’t about to come out and say” actually, those funds were already screwed” – since it wouldn’t help

    True as it is though.

  243. 243
    scorpio
    Posted Tuesday, October 28, 2008 at 4:58 pm | Permalink

    This post on Shannahan’s blob goes a long way to explaining the flood of negative comments by rwdb Lib supporters on News Ltd and ABC sites.

    Obviously Newspoll only survey people in safe Labor seats/areas. They don't read online opinion/comment columns. There have been more negative comments directed towards Rudd, Swan et al than ever before. Rudd & Swan certainly haven't been handling this financial crisis confidently & subsequently causing public panic &/or nervousness.

    This part is telling besides the typical criticism of polling procedures which so many of them have been advocating for the past 18 Months.

    There have been more negative comments directed towards Rudd, Swan et al than ever before.

    I wonder just how long it will take before they wake up to the fact that flooding the internet with inane negative commentary doesn’t work. One poster complained that the average joe blow out there either aren’t reading their insightful, informative posts or are just plain dumb.

    http://www.theaustralian.news.com.au/story/0,25197,24562165-17301,00.html

  244. 244
    scorpio
    Posted Tuesday, October 28, 2008 at 5:05 pm | Permalink

    I thought this one was rather good though.

    My God...how good is Kevin? In less than a month he's overtaken 'Mr economy' on the only subject Turnbull has any cred. Rudd is nothing short of Australia's own Bill Clinton.

    http://www.theaustralian.news.com.au/story/0,25197,24562165-17301,00.html

  245. 245
    steve
    Posted Tuesday, October 28, 2008 at 5:06 pm | Permalink

    Scorpio, what amazes me is how a sample of the population accurately reflects the gist of what the general population is thinking at any given point. Even the Liberals picked this one coming and sent in the clowns on Saturday night and yesterday to try to get a bit of damage control happening here on Poll bludger.

  246. 246
    Generic Person
    Posted Tuesday, October 28, 2008 at 5:12 pm | Permalink

    I think this still a pretty good result for Turnbull. At the end of the day, when people are fearful, they cling to the government of the day. We’ve seen it in the past, and we’re seeing it again today. It really doesn’t have a lot to do with Rudd’s alleged stellar economic management, though you wouldn’t know it reading the lefty circle jerk going on above…. :D

  247. 247
    scorpio
    Posted Tuesday, October 28, 2008 at 5:17 pm | Permalink

    I don’t know about the last part of your post GP, but I do know that an awful number of Coalition supporters on other sites are somewhat critical of Turnbull’s strategy over the past two weeks. Not counting the trolls of course who are still posting the same inane comments.

  248. 248
    Generic Person
    Posted Tuesday, October 28, 2008 at 5:18 pm | Permalink

    No 240

    Exactly.

  249. 249
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 5:19 pm | Permalink

    245 – A lot of disappointment and down right resentment in that comment GP.
    So “in times of trouble” if people stick with the government why then would they change government if we’re still in “times of trouble” two years from now?

  250. 250
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 5:23 pm | Permalink

    The question is are you “holding your ground” if your opponent goes ahead of you but you go along at the same pace? I would argue “no”.

  251. 251
    MayoFeral
    Posted Tuesday, October 28, 2008 at 5:23 pm | Permalink

    Thomas Paine @ 230 -

    I’m not sure if he would want to say there was a run on them prior to the guarantee as that will get people thinking that there IS a problem with these things. So best thing for him to say is not much.

    If it was still Howard and Costello do you think they’d be meekly taking the blame for this? Not on your Nelly. They’d be shouting from atop the Parliament House flagpole how they were just innocent bystanders and it was all the fault of those greedy foreigners and pointing out that the funds were loosing clients long before they worked their arses off saving the banks. And they’d have a point! Well, except for that last bit.

  252. 252
    Generic Person
    Posted Tuesday, October 28, 2008 at 5:24 pm | Permalink

    No 247

    No, I said when people are fearful, not “in times of trouble”.

  253. 253
    scorpio
    Posted Tuesday, October 28, 2008 at 5:24 pm | Permalink

    Such as this one which the poster must assume that the reader has been hiding in a cave somewhere or is totally stupid.

    You wait, as people start to lose their jobs the mood will change. I am in small business and Rudd has done nothing but encourage the RBA to put up interest rates in the being of the year. They have hardly come down since and this makes it very hard to keep employees on as business has slowed somewhat.

    She must have missed the 1.5% cut in interest rates recently or that there was only 2 rises of .25% earlier in the year and rates were on hold for the remainder.

    Somehow, I cannot believe this person is in business, more likely just a troll when you consider the rest of her post.

  254. 254
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 5:26 pm | Permalink

    Would I be happy if my horse went along at the same pace but those around it raced further in front? No.

  255. 255
    Andrew
    Posted Tuesday, October 28, 2008 at 5:27 pm | Permalink

    GP long may you and your side think that being behind 8% 2PP, 34% behind on PPM (6% worse than last time) and 15% behind on managing the economy (17% worse than last time) is a GOOD result for Turnbull.

    Dont you get it?? The Libs have been miles behind for almost 2 YEARS now, they got voted out and yet STILL no introspection, contrition, attempt to review policies. No, just waiting for government to fall back into their laps because the Rudd election was a mistake.

  256. 256
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 5:32 pm | Permalink

    What makes you think, GP, in bad economic times ahead people won’t remain fearful? If they don’t remain fearful why then would they change government?

  257. 257
    Glen
    Posted Tuesday, October 28, 2008 at 5:35 pm | Permalink

    Well that depends on whether you have a fool as Treasurer…and Swan acts like a fool.

  258. 258
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 5:36 pm | Permalink

    Not according to the polls Glen.

  259. 259
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 5:39 pm | Permalink

    Fancy putting the Libs in and having Mesmeralda as Treasurer. You’d have to be joking.

  260. 260
    Cuppa
    Posted Tuesday, October 28, 2008 at 5:39 pm | Permalink

    Scropio at number 243

    I’m pretty sure that during Howard’s day the balance of commentary on blogs, open-lines and such was usually against the government.

    That seems to be the way it is. People like to whinge, and will put considerable effort into doing so. On the other hand, people don’t so often take the effort to write that they are contented.

    This is a pronounced phenomenon with the Liberal sore losers who spill their bitterness and hurt all over ABC and News Ltd blogs day on day. They must really believe they should have won the election (even after all the misdemeanours of their side in power). Their noses are soooo chronically out of joint, it would make a rhinologist sit up and take notes.

  261. 261
    Andrew
    Posted Tuesday, October 28, 2008 at 5:41 pm | Permalink

    Glen, you illustrate my point perfectly. Could you (or GP) outline what level of support in the polls would you regard as concerning for the opposition??

  262. 262
    Glen
    Posted Tuesday, October 28, 2008 at 5:45 pm | Permalink

    Anything below 45%2PP…so 46%2PP is a slight improvement but we need to be 48%2PP at the end of the year or next year to have a hope of contesting the 2010 election well.

  263. 263
    Oz
    Posted Tuesday, October 28, 2008 at 5:46 pm | Permalink

    I suppose you would simply ignore Essential then…

  264. 264
    Glen
    Posted Tuesday, October 28, 2008 at 5:47 pm | Permalink

    Essential is an internet poll=no credibility…

  265. 265
    ruawake
    Posted Tuesday, October 28, 2008 at 5:49 pm | Permalink

    “Under a carbon pollution reduction scheme, the price of energy sources, such as petrol, electricity and gas may become more expensive. Do you think the federal Government should delay or should not delay the introduction of carbon pollution reduction scheme…” Newspoll question.

    What kind of loaded question is this? Why would anyone give the answer, to this crap question, any kind of credence?

    Its not a pollster type of question, it is a “we own it” type of question. :(

  266. 266
    Oz
    Posted Tuesday, October 28, 2008 at 5:52 pm | Permalink

    Essential is an internet poll=no credibility…

    I’ll remember that anytime you attempt you use it’s figures to support a Turnbull “bounce”.

  267. 267
    Andrew
    Posted Tuesday, October 28, 2008 at 5:56 pm | Permalink

    OK Glen so 56/44 is a worry but not 54/46. You forget that the incumbency factor is a huge advantage going into an election- even Howard pcked up over 3% 2PP during the campaign and that was a badly-run campaign with an interest rate rise and the Lindsay scare

  268. 268
    scorpio
    Posted Tuesday, October 28, 2008 at 5:57 pm | Permalink

    Ru,

    This was picked up well by poster, Graham on Shannahan’s blog. He was really copping it today and comments were stopped at 11.36 am. Trying I guess to avoid more embarrassment and to try and save what is left of his credibility. Very little.

    What a laff. The ETS question could hardly be more loaded, and deliberately so. It reads: 'The ETS will make petrol etc more expensive. Given there is an economic crisis, do you support delaying its implementation' Reword the question as: 'Do you support delaying measures to reduce carbon in the atmosphere' and you'd reverse the result...

    http://www.theaustralian.news.com.au/story/0,25197,24562165-17301,00.html

  269. 269
    Posted Tuesday, October 28, 2008 at 5:58 pm | Permalink

    Their poll like the F2F Morgan regardless their absolute values are usefull for picking up movements.

    Both polls have been showing a strong recent personal move to Rudd which has translated to a higher TPP in the ER poll and, probably will for Labor in the next Newspoll, allowing for margin of error. You wouldn’t figure on Labor’s TPP going backwards while all the personal attributes of Rudd forge ahead.

    I agree tend to agree that Turnbull is in limbo. I think he is causing people to scratch theirs heads trying to actually get a finger on him, his messages are here and there, yes and no, there is no conitnuity and I think people don’t actually know what his position is on anything. He is in danger of just seeming a grumpy complainer and wind bag.

  270. 270
    ruawake
    Posted Tuesday, October 28, 2008 at 5:59 pm | Permalink

    Anyone have a theory why the Green vote has fallen from 13 to 9 ? Is it because peoples minds are focussed on the Global Financial Thingy?

  271. 271
    MayoFeral
    Posted Tuesday, October 28, 2008 at 6:00 pm | Permalink

    lefty e @ 242 -

    Mayo feral – I guess unlike Talcum, Swan isn’t about to come out and say” actually, those funds were already screwed” – since it wouldn’t help

    True as it is though.

    If so, then the screwed will know exactly who to blame for the loss of their life savings and them ending their days nibbling dog biscuits in the poor house! After all the guilty have admitted it was all their doing, didn’t they?

    At least that will be how it will be forever portrayed. Bloody, Labor, you can’t trust them with your money. If only we’d listened to Fraser and stuffed it under the bed, Ethel!

  272. 272
    MayoFeral
    Posted Tuesday, October 28, 2008 at 6:00 pm | Permalink

    lefty e @ 242 -

    Mayo feral – I guess unlike Talcum, Swan isn’t about to come out and say” actually, those funds were already screwed” – since it wouldn’t help

    True as it is though.

    If so, then the screwed will know exactly who to blame for the loss of their life savings and them ending their days nibbling dog biscuits in the poor house! After all the guilty have admitted it was all their doing, didn’t they?

    At least that will be how it will be forever portrayed. Bloody, Labor, you can’t trust them with your money. If only we’d listened to Fraser and stuffed it under the bed, Ethel!

  273. 273
    Generic Person
    Posted Tuesday, October 28, 2008 at 6:02 pm | Permalink

    Yes, I concur with Glen. 45% or above is a good result for the opposition.

  274. 274
    MayoFeral
    Posted Tuesday, October 28, 2008 at 6:02 pm | Permalink

    Oops, sorry. :(

  275. 275
    Generic Person
    Posted Tuesday, October 28, 2008 at 6:02 pm | Permalink

    No 265

    Carbon is not pollution.

  276. 276
    Oz
    Posted Tuesday, October 28, 2008 at 6:04 pm | Permalink

    Is it because peoples minds are focussed on the Global Financial Thingy?

    Most likely. They’ve been left out of the debate on the issue even though they’ve been putting out media releases and virtually every development, domestic and international. That’s hardly a surprise though.

  277. 277
    Glen
    Posted Tuesday, October 28, 2008 at 6:05 pm | Permalink

    If anything else the Labor vote in 2007 was inflated and will probably come down in 2010 whether we can win or not is another matter entirely.

    At this stage at least we arent 58-42 as we were at the beginning of the year with newspoll. That means we have gone up 4 and Labor have gone down 4. The greens are dreaming if they think they’ll even get 9% of the vote in 2010, enviro issues are not biting atm, economic management is the theme of the day. I hope Rudd puts in the ETS because he will make a big mistake once ppl start having to pay more and lose their jobs.

    Please do Oz.

  278. 278
    scorpio
    Posted Tuesday, October 28, 2008 at 6:07 pm | Permalink

    What I find so fascinating about the now almost 12 Months of Government 2PP results and especially Rudd’s PPM figures, is that it has been achieved without them having to spend $200m in Government advertising or using the usual scare campaign and wedge tactics that Howard depended on for survival .

    I can’t remember seeing one Government add which could be in any way perceived as a party partisan political nature. Come to think of it I can’t remember seeing “any” Federal Government adds although there surely must have been at least some.

    No wonder the MSM have been going at Rudd so hard all year. The lolly train has run off the rails and must a major reason for the considerable drop in advertising revenue being experienced by them. Hence the substantial falls in their share prices.

    Packer jnr sure made a wise move getting out of the media business when he did.

  279. 279
    bob1234
    Posted Tuesday, October 28, 2008 at 6:13 pm | Permalink

    @277 – Glen

    INFLATED! HAHA!

    I love Liberal supporters born to rule mentality. They always think they are right even when the election has been lost, think the public got it wrong, and will vote them back in next election.

    Won’t happen. Suck it up.

  280. 280
    Glen
    Posted Tuesday, October 28, 2008 at 6:16 pm | Permalink

    How is that born to rule?
    Labor won in a landslide it is only natural some of those who backed Rudd will come back, but not all.

    The public doesnt get it wrong Bob.

  281. 281
    imacca
    Posted Tuesday, October 28, 2008 at 6:21 pm | Permalink

    Cant see how 45% TPP is a good result for the opposition?? It’s loser territory in the polls at a time when probably the most significant issue in people minds is economic management. If the Fibs can’t pull ahead, significantly, on that metric, then the party that gave us SerfChoices has no chance at all.

    Of course, going into the next election, much will depend on how people judge the Rudd government has handled the current GFC in terms of keeping the economy running as best they can.

    But we know that Australia is not going to get through this pain free. So, they will also be judged on whatever policy settings they use to try and mitigate the flow on effects to the average punter like with actual welfare (not middle class) and ir.

    And the environmental issues that the ALP stood on at the last election wont go away. That’s important in this sense for preference flows from the Greens who after all have a big presence in the Senate for the next 6 years.

  282. 282
    scorpio
    Posted Tuesday, October 28, 2008 at 6:22 pm | Permalink

    it is only natural some of those who backed Rudd will come back

    Why, Glen?

    If the Rudd Government keeps performing as well as they have done so far and if the Coalition continues to perform as poorly as they have so far, then why would voters, who moved across to Labor at the last election, suddenly get a rush of blood and go rushing back to the bosom of the Libs.

  283. 283
    Glen
    Posted Tuesday, October 28, 2008 at 6:24 pm | Permalink

    Because if you are sitting high and mighty you never know what might befall you just like what happened to this South African MP… http://www.youtube.com/watch?v=qmTlJH26IZU&feature=related

  284. 284
    Generic Person
    Posted Tuesday, October 28, 2008 at 6:26 pm | Permalink

    No 281

    imacca, I should clarify, 45% or above is a good result this far out from the election. Of course, if the polls remained at current levels in 2010, then of course that would not be good.

  285. 285
    Generic Person
    Posted Tuesday, October 28, 2008 at 6:27 pm | Permalink

    No 282

    You’re living with the fairies if you think the government has performed excellently thus far.

  286. 286
    Oz
    Posted Tuesday, October 28, 2008 at 6:27 pm | Permalink

    So voters are going to desert Rudd for the Libs because a heavyset South African MP broke a chair. I see.

  287. 287
    Glen
    Posted Tuesday, October 28, 2008 at 6:28 pm | Permalink

    No but my point is Rudd never saw the economic crisis hit him until too late like the Fat South African MP…they both knew something was bad as when the chair cracks and when earlier this year the subprime crisis was hitting us hard and was getting out of control but did nothing and now boom the chair has been broken and now Rudd and co needs to figure out how to stop us from getting into a real mess.

  288. 288
    Glen
    Posted Tuesday, October 28, 2008 at 6:31 pm | Permalink

    Still if we go by First Past the Post

    39 Coalition
    44 Labor

    That is pretty close if you ask me. Despite losing office last year.

  289. 289
    Oz
    Posted Tuesday, October 28, 2008 at 6:31 pm | Permalink

    The Libs are only going to pick up votes if they have more coherent and positive policies about the GFC than Labor. They haven’t shown that to be the case yet.

  290. 290
    scorpio
    Posted Tuesday, October 28, 2008 at 6:33 pm | Permalink

    285,

    54-46 and 61-39 tells me they aren’t doing too badly.

    All the figures since November 24 last year have been well above the 2PP figure of the election.

    So the general electorate must think they are doing OK too or else they are with the fairies also.

  291. 291
    ltep
    Posted Tuesday, October 28, 2008 at 6:46 pm | Permalink

    Why exactly would we ‘go first past the post’?

  292. 292
    ShowsOn
    Posted Tuesday, October 28, 2008 at 6:48 pm | Permalink

    39 Coalition
    44 Labor

    That is pretty close if you ask me. Despite losing office last year.

    You can’t have “Coalition” under a first past the post system.

  293. 293
    vera
    Posted Tuesday, October 28, 2008 at 6:51 pm | Permalink

    ruawake @ 265
    This Crikey article has another name for it.
    “Newspoll on ETS: a clear case of push polling?”
    http://www.crikey.com.au/Politics/20081028-ETS-push-polling.html

    I notice Allbull was out following or “pushing” the OO’s script today. Doesn’t he have any ideas of his own?
    http://www.abc.net.au/news/stories/2008/10/28/2403660.htm?section=justin

  294. 294
    bob1234
    Posted Tuesday, October 28, 2008 at 6:51 pm | Permalink

    44 Labor v 39 Coalition under first past the post?

    LOL!!! His ignorance has been shown for what it is.

    It’s 44 Labor to 36 Liberal under first past the post. But that’s pointless as we use preferential voting, and a social leftie like me who votes Green then Labor isn’t counted when you use your first past the post method…

    Still confused, your post exposes a lot, rofl.

  295. 295
    bob1234
    Posted Tuesday, October 28, 2008 at 6:53 pm | Permalink

    @284

    Labor didn’t stick on 45% 2pp after their loss in 1996.

  296. 296
    steve
    Posted Tuesday, October 28, 2008 at 6:55 pm | Permalink

    No but my point is Rudd never saw the economic crisis hit him until too late like the Fat South African MP…they both knew something was bad as when the chair cracks and when earlier this year the subprime crisis was hitting us hard and was getting out of control but did nothing and now boom the chair has been broken and now Rudd and co needs to figure out how to stop us from getting into a real mess.

    Oh Dear, Glen talk about rewriting history. The subprime crisis dates back to August last year.

  297. 297
    Glen
    Posted Tuesday, October 28, 2008 at 7:11 pm | Permalink

    Well i am assuming the tories would and should merge but hey.

    ALP 44
    Liberal Party 36
    National Party 3
    Greens 9

    PV is undemocratic and we should have still had 1PP voting.

  298. 298
    scorpio
    Posted Tuesday, October 28, 2008 at 7:13 pm | Permalink

    Turnbull could well be setting himself up for another embarrassing back-down if the modeling does take into consideration the GFC which it most probably will.

    [The Treasury modelling is due this week and will assist the Government in setting targets for greenhouse gas reduction.

    The Opposition says the modelling is months late and does not take into account the turmoil in global financial markets.

    Opposition Leader Malcolm Turnbull says the Government should not be rushing to introduce an emissions trading scheme in 2010.

    "It's likely to be economically very damaging and environmentally very ineffective so a lose-lose [situation],” he said.]

    http://www.abc.net.au/news/stories/2008/10/28/2403660.htm?section=justin

  299. 299
    Glen
    Posted Tuesday, October 28, 2008 at 7:14 pm | Permalink

    Rudd brought out his 10b economic plan with no modelling shows how well the ALP are when it comes to economics!

  300. 300
    scorpio
    Posted Tuesday, October 28, 2008 at 7:17 pm | Permalink

    Hummm, Government making a move to assist Investment funds.

    Prime Minister Kevin Rudd will tonight announce an extra $80 million for the prudential regulator APRA - to process any applications from investment funds that want to become eligible for the Government guarantee.

    But to have the same backing as bank deposits they must meet the same rules as banks, including being supervised by APRA.

    It is not clear how many investment funds would want to do that or how far it would go towards solving the problem of the frozen funds.

    http://www.abc.net.au/news/stories/2008/10/28/2403832.htm?section=justin

  301. 301
    steve
    Posted Tuesday, October 28, 2008 at 7:21 pm | Permalink

    299 Yes unlike the $billion 10 Murray water plan that was written on the back of an envelope in a Brisbane hotel while cabinet was meeting without being shown to Treasury…but that is Liberal great economic management at its very best.

  302. 302
    scorpio
    Posted Tuesday, October 28, 2008 at 7:22 pm | Permalink

    Judy Barnes will be happy about this but will be hoping it brings closure to her case.

    A reward for information to help solve a string of South Australian murders of young men, known as the 'Family murders', has been doubled to $1 million.

    The SA Government has set aside $10 million to boost the rewards for 47 unsolved crimes, including the disappearance in 1966 of the Beaumont children.

    http://www.abc.net.au/news/stories/2008/10/28/2403694.htm

  303. 303
    Harry "Snapper" Organs
    Posted Tuesday, October 28, 2008 at 7:30 pm | Permalink

    scorpio @ 300. Heard this being talked about on local ABC (774) when Stephen Mayne was doing his regular spot with the sweet, but utterly light weight and politically clueless, Lindy B.. Asked for an immediate response, he said he’d need to think about it, but that it sounded sensible. After listening to PM, including having to endure Costello bleating it should be him at the helm on the basis, I think, that he was a Treasurer for some time and actually understood this stuff, after all hadn’t he been warning of the coming economic tsunami before the election, and why didn’t people listen, blah, blah, and having a bit of a think about it my self, it does actually sound like it might be pretty smart. Stick to their guns about not guaranteeing investment funds, but if the funds want to comply with APRA standards, they’ll stump up the money to make it happen. Pretty nifty. Will be interesting to see what some of the more sensible economic pundits make of it.

  304. 304
    Harry "Snapper" Organs
    Posted Tuesday, October 28, 2008 at 7:40 pm | Permalink

    Just another thought, that’s actually on topic, I reckon one thing contributing to the persistence of the polling trend, is that what the gov’t. repeatedly demonstrates, is that they stick to their word = trust. Thinking back to some of the other polling on this factor, Rudd cf. Turnbull, I think form memory, Turnbull did quite poorly on this measure, while a large proportion of the population actually trust the gov’t..

  305. 305
    Oz
    Posted Tuesday, October 28, 2008 at 7:40 pm | Permalink

    Rudd brought out his 10b economic plan with no modelling shows how well the ALP are when it comes to economics!

    Modelling takes weeks, if not months. Do you suggest the Government wait months before stepping in to save the economy?

  306. 306
    Harry "Snapper" Organs
    Posted Tuesday, October 28, 2008 at 7:43 pm | Permalink

    That’d be ‘from’ memory, and can’t blame the three legged cat.

  307. 307
    steve
    Posted Tuesday, October 28, 2008 at 7:50 pm | Permalink

    The Ken Henry hansard has been released.

    http://petermartin.blogspot.com/2008/10/its-out-much-awaited-ken-henry-hansard.html

  308. 308
    steve
    Posted Tuesday, October 28, 2008 at 7:56 pm | Permalink

    Here is the latest ever evolving detail of the guarantee.

    http://petermartin.blogspot.com/2008/10/ever-evolving-guarantee.html

  309. 309
    ShowsOn
    Posted Tuesday, October 28, 2008 at 8:10 pm | Permalink

    Well that depends on whether you have a fool as Treasurer…and Swan acts like a fool.

    He must’ve learnt from Costello!

    No 265

    Carbon is not pollution.

    You must’ve failed science.

  310. 310
    scorpio
    Posted Tuesday, October 28, 2008 at 8:35 pm | Permalink

    Well that depends on whether you have a fool as Treasurer…and Swan acts like a fool.

    I would think that if the Libs offered Turnbull and Bishop in exchange for Swan, then they would be badly disappointed.

    I’m sure Labor would prefer to go with the team they’ve got.

  311. 311
    mexicanbeemer
    Posted Tuesday, October 28, 2008 at 9:39 pm | Permalink

    Oz!! While its true modelling takes weeks but the economic situation was known for sometime, as early as the last budget the Government talked about job loses.

    The Government knew the U.S. was heading towards recession and the U.K were not far behind for several months if it didn’t then it wasn’t paying attention.

    I for one called the U.S. in recession in March and I’m not an Economist but I could see the U.S. was heading towards a serious downturn.

    The package is as much about politics as it does about creating economic activity, if the Government were serious about economic activity why ignore the unemployed.

  312. 312
    mexicanbeemer
    Posted Tuesday, October 28, 2008 at 9:45 pm | Permalink

    Historically Glen is right for a Landslide sees people who normally don’t change do just that, we have seen this at state level when the ALP have won thumping margins only too see at the following election safe Liberal seats that have been reduced to marginal status or fell tot he ALP return to a more historically looking margin.

    I know there are exceptions to that comment but in general the Government starts to die the minute its takes office and that is why each election is progressively harder than the previous one to win.

  313. 313
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 9:45 pm | Permalink

    299 Glen - Rudd brought out his 10b economic plan with no modelling shows how well the ALP are when it comes to economics!

    Can anyone guess what Glen’s criticism of Rudd would be had he taken this action?

  314. 314
    Oz
    Posted Tuesday, October 28, 2008 at 9:48 pm | Permalink

    While its true modelling takes weeks but the economic situation was known for sometime, as early as the last budget the Government talked about job loses.

    Yes it was clear that the current record low levels of unemployment were not sustainable. Predicting that is one thing. Predicting the global financial crisis? You seriously expected the Government to run modelling at the beginning of this year to see the impact of a 50% loss on the stockmarket, a 40% drop on the dollar, a global recession, China’s growth rate dropping 2%, the nationalisation of dozens of banks and companies around the world, dramatic interest rate cuts…

  315. 315
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 9:55 pm | Permalink

    It’s just criticism for criticism sake. Nothing more, nothing less. You make a very good point Oz 314.

  316. 316
    MayoFeral
    Posted Tuesday, October 28, 2008 at 9:56 pm | Permalink

    Glen @ 299 -

    Rudd brought out his 10b economic plan with no modelling shows how well the ALP are when it comes to economics!

    Howard + Costello + $100-300b resources boom windfall = bugger all

    Howard + Murray-Darling + $10b + boozy lunch + back of envelope -input from any gov. dept (especially. Treasury) = ???????

    Turnbull + shonky ‘rainmaker’ = $10m down the dunny (despite warnings from scientists it was quackery)

  317. 317
    mexicanbeemer
    Posted Tuesday, October 28, 2008 at 9:57 pm | Permalink

    A few years a go the IMF predicted post games China would slow!

    It is true that the Government could not have seen the extent at which the global economy would declinde and it could not have second guessed how Euorpean Governments would react.

    Regarding the drop in the share market using history as a gulde and knowing their was a very large hosuing bubble you could make a presumption that the stock market would fall somewhat. the level would be hard to guess and their is no sign that we have seen the bottom.

    To be fair to the Governmetn its hand has been forced somewhat by what the Americans and Europeans have done regarding the Banks

  318. 318
    Oz
    Posted Tuesday, October 28, 2008 at 9:59 pm | Permalink

    Oh yeah, and toss in unprecedented bank guarantees all around the world.

  319. 319
    dyno
    Posted Tuesday, October 28, 2008 at 10:16 pm | Permalink

    HSO @ 304,

    Not so sure you’re right about Turnbull, but I think you’re right about Rudd – a lot of people do trust him and that’s part of the reason why his handling of a pretty incomprensible crisis is getting good marks from the voters.

    I wouldn’t say people mistrusted Turnbull per se, but they don’t know him all that well, and from what they do know, think he’s a bit of a smart arse. (Which is probably true, but the important question is whether he’s a useful smart arse …)

  320. 320
    Greensborough Growler
    Posted Tuesday, October 28, 2008 at 10:23 pm | Permalink

    Here’s the latest from Tip not positioning himself for a tilt at the leadership. A couple of interesting points. But the Libs don’t address the issue of their bitterness toward the Reserve Bank for putting up interest rates during the last election.

    http://www.smh.com.au/news/opinion/ken-henry-a-pawn-in-a-political-game/2008/10/28/1224956034413.html

  321. 321
    steve
    Posted Tuesday, October 28, 2008 at 10:28 pm | Permalink

    Dr Gruen has explained to the Senate Committee last week that the modeling will be done in time for the half year economic review due in a couple of weeks time.

    Senator JOYCE—Have we done any modelling on it now?
    Dr Gruen—We are in the process of putting together the forecasts that will go into the Mid-Year Economic and Fiscal Outlook. We are doing as careful an assessment as possible of the package, along with everything else that is going on as a consequence of that, and what the outcome will be for the Australian economy. That is what we are doing.
    Senator JOYCE—It has been more than a few days since the decision was announced, so no modelling has happened yet?
    Dr Gruen—Formal modelling is part of the process of coming up with the MYEFO forecast, so that process is happening as we speak.
    Senator JOYCE—Dr Gruen, I am asking you a very specific question. Have you done modelling now? I do not want to know what the modelling says, but have you done modelling now with respect to how this package will operate? Has it or has it not been done? It is either a yes or no answer.
    Dr Gruen—We are in the process of updating the forecasts, and part of that updating is running formal economic models. We are in the process of doing it.

    Page 42 Dr Henry hansard

  322. 322
    Albert Ross
    Posted Tuesday, October 28, 2008 at 10:43 pm | Permalink

    Van Onselen bucketing Little Miss Echo on Latelne.

    Will Cossie run for deputy leader?

  323. 323
    Oz
    Posted Tuesday, October 28, 2008 at 10:44 pm | Permalink

    http://www.reuters.com/article/topNews/idUSTRE49N5VU20081028

    Iceland raises rates 6%

    Lateline ripping on Julie Bishop.

    The staffer who wrote it said he “Quickly knocked it together”. Not a ringing endorsement for the book.

    Apparently Julie Bishop rang up the NZ businessmen who she plagiarised and blamed it all on van Onselen and the publisher. The businessmen decided to take her town on that and dobbed her in to the media.

    Van Onselen also said that plenty of other chapters are unreferenced.

  324. 324
    Greensborough Growler
    Posted Tuesday, October 28, 2008 at 10:45 pm | Permalink

    AR,

    Been there bought the t-shirt.

    Looking for a new experience.

  325. 325
    Oz
    Posted Tuesday, October 28, 2008 at 10:46 pm | Permalink

    Chris Bowen and who’s the other dude? Never seen him but he’s going to get ripped by Mr. Cute as a button.

  326. 326
    ShowsOn
    Posted Tuesday, October 28, 2008 at 10:47 pm | Permalink

    Van Onselen bucketing Little Miss Echo on Latelne.

    This I must observe! I thought Van Onselen was a small l Liberal.

    Will Cossie run for deputy leader?

    No way, that would make it obvious that he is planning a comeback.

    The Liberals are lucky this wasn’t a parliamentary sitting week.

    Van Onselen also said that plenty of other chapters are unreferenced.

    Well that is kind of his fault. He didn’t do his job as editor properly.

  327. 327
    scorpio
    Posted Tuesday, October 28, 2008 at 10:47 pm | Permalink

    GG,

    Now I understand it. “No” Public Servant has ever appeared before a Senate Estimates Committee prior to the Rudd Government taking office.

    Mmmm, not quite sure about that. Didn’t Ken Henry say that he had been appearing before these Committees for the “past 24 years”.

    What in the blazes is Costello on? Don’t most or all Department heads appear before Senate Estimate Hearings on a fairly regular basis.

    Does Costello take us all for forgetful, ignorant, fools?

  328. 328
    Greensborough Growler
    Posted Tuesday, October 28, 2008 at 10:53 pm | Permalink

    scorpio,

    Not sure. Maybe he’s just turning into one of those codgers who remembers when the flag went up and the whistle was blown, yet survived to tell the tale. And, keep on telling it!

  329. 329
    Generic Person
    Posted Tuesday, October 28, 2008 at 10:56 pm | Permalink

    No 309

    ShowsOn, you’re not seriously suggesting that Carbon Dioxide is a pollutant? Carbon Dioxide is the reason why the Earth hasn’t descended into an endless ice age!

  330. 330
    Generic Person
    Posted Tuesday, October 28, 2008 at 10:57 pm | Permalink

    I think Turnbull’s position has been vindicated now that the PM has stepped into to offer support to investment funds.

  331. 331
    Oz
    Posted Tuesday, October 28, 2008 at 10:58 pm | Permalink

    Carbon Dioxide is the reason why the Earth hasn’t descended into an endless ice age!

    I don’t think you understand what a “pollutant” is. Every chemical has its place in the natural biophysical balance. However they can be called “pollutants” if they are in inappropriate environments, or there is a significant portion of them which throws out the balance.

  332. 332
    Generic Person
    Posted Tuesday, October 28, 2008 at 10:59 pm | Permalink

    No 323

    Bishop’s imbecility is thoroughly unacceptable.

  333. 333
    Greensborough Growler
    Posted Tuesday, October 28, 2008 at 11:00 pm | Permalink

    Gnereic Person,

    Before this discussion descends in to a shite fight of significant proportions, just for the audience please advise us of your scientific qualifications and whether your comments are derived from the latest Liberal talking point sheet.

    Do you have any idea what your talking about?

  334. 334
    Andrew
    Posted Tuesday, October 28, 2008 at 11:03 pm | Permalink

    GP whilst i give you credit for calling Bishop for what she is, you need to critically evaluate your hypothesis that Turnbull is vindicated by or driving what the govt is doing. Please read the newspoll economic managment and satisifaction figures again. Its only in Turbull’s and the MSM’s cheershquad’s minds that he is of any relevance and having impact at the moment

  335. 335
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:08 pm | Permalink

    No 333

    GG, I have no desire or need to prove myself to you.

    Carbon Dioxide is necessary for biological life to exist on this planet. It’s a simple fact.

  336. 336
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:08 pm | Permalink

    ShowsOn, you’re not seriously suggesting that Carbon Dioxide is a pollutant? Carbon Dioxide is the reason why the Earth hasn’t descended into an endless ice age!

    The relative PROPORTION of it is too high, that is what climate change is about G.P.

    just for the audience please advise us of your scientific qualifications

    Unlike G.P., I passed year 8 science.

  337. 337
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:09 pm | Permalink

    Carbon Dioxide is necessary for biological life to exist on this planet. It’s a simple fact.

    LOL! Who said it wasn’t!?

    It is the PROPORTION of CO2 relative to other gases that is the problem G.P. Come on, keep up!

  338. 338
    Albert Ross
    Posted Tuesday, October 28, 2008 at 11:09 pm | Permalink

    Who is more insufferable? Steve Ciobo or Christopher Pyne?

  339. 339
    Oz
    Posted Tuesday, October 28, 2008 at 11:10 pm | Permalink

    Carbon Dioxide is necessary for biological life to exist on this planet. It’s a simple fact.

    And sulfuric acid is necessary for the creation of fertilisers. Point?

  340. 340
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:10 pm | Permalink

    No 334

    Andrew, for the last few weeks all we’ve heard from people of your ilk is that Rudd’s decision was excellent and that Turnbull was wrong. But yet again, the Government is doing what Turnbull has been suggesting for some time.

    Obviously you might think he’s irrelevant, but Kevin Rudd seems perfectly happy to pilfer policy from the opposition as and when necessary and then claim credit for great economic management. I wonder who’s the real plagiarist? ;-)

  341. 341
    Oz
    Posted Tuesday, October 28, 2008 at 11:11 pm | Permalink

    Ciobo’s voice doesn’t compare to Pyne’s but he trumps him in the name departmant.

  342. 342
    scorpio
    Posted Tuesday, October 28, 2008 at 11:12 pm | Permalink

    Just read a fascinating article by Stanley Fish in the NYTimes giving an appraisal of Obama & McCain’s campaigns.

    I see so many parallels to Rudd’s campaign last year and to some degree, I feel that Rudd is following the script in dealing with both the Opposition and the MSM.

    The latter two haven’t changed their modus operandi so if Rudd continues on the same course that brought him success so far, then there is every possibility it will continue to frustrate his opponents and his success will continue.

    I think Rudd is smart enough that if the strategy of his opponents changes, then Rudd will make suitable adjustments to his strategy to counter it. In which case, the Opposition are really in deep doo doo which ever way they go.

  343. 343
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:12 pm | Permalink

    No 337

    ShowsOn, a higher proportion of CO2 accelerates plant growth.

  344. 344
    Oz
    Posted Tuesday, October 28, 2008 at 11:13 pm | Permalink

    But yet again, the Government is doing what Turnbull has been suggesting for some time.

    Please link me to Turnbull’s media release containing his policy that details that mortgage trusts and the like should become APRA regulated banks before receving a government guarantee.

    If you can’t do that there’s no point posting in response.

  345. 345
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:13 pm | Permalink

    No 338

    Both are upstanding members of parliament.

  346. 346
    Albert Ross
    Posted Tuesday, October 28, 2008 at 11:13 pm | Permalink

    Method: we move GP’s Petrie dish to a bell jar. Then we pump Co2 into the bell jar.

    At what % of CO2 in the atmosphere in the bell jar will we hear a little voice from the dish admitting that the gas is a pollutant?

  347. 347
    Oz
    Posted Tuesday, October 28, 2008 at 11:14 pm | Permalink

    ShowsOn, a higher proportion of CO2 accelerates plant growth.

    I’m sure the planet would be applauding us then, if a shortage of plant growth was the issue.

  348. 348
    scorpio
    Posted Tuesday, October 28, 2008 at 11:15 pm | Permalink

    Bishop’s imbecility is thoroughly unacceptable.

    GP, you’re denigrating Glen’s favourite Liberal pollie I hope you know.

  349. 349
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:16 pm | Permalink

    Who is more insufferable? Steve Ciobo or Christopher Pyne?

    Pyne, he represents the seat I live in.

    ShowsOn, a higher proportion of CO2 accelerates plant growth.

    So does adding manure G.P., So I suggest you print some of your posts and put them on your garden.

  350. 350
    Oz
    Posted Tuesday, October 28, 2008 at 11:16 pm | Permalink

    At what % of CO2 in the atmosphere in the bell jar will we hear a little voice from the dish admitting that the gas is a pollutant?

    He’ll be unconscious at 7%.

  351. 351
    Posted Tuesday, October 28, 2008 at 11:16 pm | Permalink

    From the estimates Hansard – proof positive that Sen Abetz is the biggest tool in parliament:

    Senator ABETZ—We are in heated agreement, which is great. As of the election of the government, things got more and more difficult and more and more storm clouds were gathering. Yet it was during this time, on 27 June, that the secretary took five weeks leave, telling the Australian people—

    Senator Conroy—This is disgraceful.

    Senator ABETZ—that the economy was ‘in pretty good shape’, and for five weeks went off to look after 115 hairy-nosed wombats.

    Senator Conroy—This is a disgraceful reflection, which just shows that you have run out of substance with your questions.

    Senator ABETZ—I want to know how seriously we treated this issue.

    Senator Conroy—You should invite Senator Fifield, someone who is at least reasonably qualified to ask questions of the Treasury officials, to have a go. You should withdraw these insinuations that you are making at the moment. It is actually beneath you, Senator Abetz. You are a better person than this. I would terminate your line of questioning here.

    Senator ABETZ—It is a question that I think is of interest to the Australian people, given the gravity of the situation that we now know was developing even before the election of the new government. There was already a problem before November last year. We then proceeded month by month, with more and more storm clouds gathering, yet the Secretary of Treasury on 27 June says the economy ‘is in pretty good shape’, and goes off for five weeks to look after 115 hairy-nosed wombats. Is this the seriousness with which we are dealing with the issue?

    Senator Conroy—Senator Abetz, all I can do is give you advice: this line of questioning is beneath you.

    Senator ABETZ—Did the government agree to Dr Henry taking that five weeks leave?

    Senator Conroy—I am sure that the Treasurer approved Dr Henry’s leave, but I am happy to take it on notice to confirm it.

    Senator ABETZ—Despite all the storm clouds on the horizon?

    At his point Coonan comes in, no doubt out of embarrasment.

  352. 352
    steve
    Posted Tuesday, October 28, 2008 at 11:17 pm | Permalink

    ShowsOn, a higher proportion of CO2 accelerates plant growth.

    So does chicken manure, your point?

  353. 353
    scorpio
    Posted Tuesday, October 28, 2008 at 11:19 pm | Permalink

    I forgot the link to 342, sorry.

    http://fish.blogs.nytimes.com/2008/10/26/the-power-of-passive-campaigning/?em

    It’s really good reading.

  354. 354
    Greensborough Growler
    Posted Tuesday, October 28, 2008 at 11:20 pm | Permalink

    GP,

    I thought they were reasonable questions.

    But, if you choose not to respond in a sensible way, then one can only assume you are no more or less than one of those Indian call centres selling an Aussie Holiday experience. Got the accent, got the words, but no idea what they are talking about.

  355. 355
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:21 pm | Permalink

    No 344

    Oz, last week Swan told people affected by the freeze on funds to go to Centrelink, this week he wants to guarantee them so long as they accept additional regulation. Turnbull has been demanding action for some time, and has argued that reducing the scope of the guarantee would have avoided the accelerated run on non-banks in the first place. Either way, Swan is looking like the bumbling fool he always was.

  356. 356
    Oz
    Posted Tuesday, October 28, 2008 at 11:23 pm | Permalink

    #355

    etc etc etc

    No media release?

    Then I hope you won’t continue to keep pushing the line that the Government is pilfering policy from Turnbull. He demanded “action” did he? And since “action” has been taken, it’s because of him? ROFL.

  357. 357
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:23 pm | Permalink

    No 351

    Yes, Mr Abetz’s questioning was ridiculous.

  358. 358
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:24 pm | Permalink

    Yes, Mr Abetz’s questioning was ridiculous.

    That’s cos ERICA is ridiculous!

  359. 359
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:25 pm | Permalink

    No 354

    GG, everyone participating in this discussion is doing so on a largely anonymous basis. If you wish to debate scientific qualifications rather than the substance of my argument, then you’ve chosen the wrong forum.

  360. 360
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:27 pm | Permalink

    If you wish to debate scientific qualifications rather than the substance of my argument, then you’ve chosen the wrong forum.

    But why should we believe your opinions on science? You think creationism should be taught in science classes. That’s utter nonsense.

  361. 361
    Oz
    Posted Tuesday, October 28, 2008 at 11:27 pm | Permalink

    If you wish to debate scientific qualifications rather than the substance of my argument

    Your argument lacks any substance, that’s your problem. You’re arguing against postulated science, backed up by theories, so one would expect some kind of scientific experience or data to support you. Since you’re lacking, on what basis do you make your claims?

  362. 362
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:27 pm | Permalink

    No 358

    ShowsOn please do not waste our time with infantile references to our politicians.

  363. 363
    steve
    Posted Tuesday, October 28, 2008 at 11:28 pm | Permalink

    355 GP, I fail to see what you are on about. If people have their accounts frozen and the value of the assets is not as high as it was recently then they could be eligible for Centrelink payments. What have you got against self funded retirees being able to pay their bills in times of economic instability?

  364. 364
    Oz
    Posted Tuesday, October 28, 2008 at 11:28 pm | Permalink

    *Backed up by evidence, sorry.

  365. 365
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:30 pm | Permalink

    ShowsOn please do not waste our time with infantile references to our politicians.

    OK Geriatric Pornographer, I’m sorry I hurt your fillings.

  366. 366
    Oz
    Posted Tuesday, October 28, 2008 at 11:30 pm | Permalink

    Gerry Harvey is a crackpot.

    “What are Harvey Norman’s margins?”

    “BOOM! THE ECONOMY IS STUFFED!”

    “What are jobs numbers like?”

    “ITS ALMOST CHRISTMAS! WOOHOO!”

    “What do you think about the bank deposit guarantee?”

    “WHY ARE YOU ASKING ME? I SELL TV’S!”

  367. 367
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:32 pm | Permalink

    Gerry Harvey is a crackpot.

    Correct.

    So isn’t he publishing the sales figures of every Harvey Norman store each week? Has anyone seen them? Are they tanking?

  368. 368
    Greensborough Growler
    Posted Tuesday, October 28, 2008 at 11:33 pm | Permalink

    GP,

    Is that you on the left and who is the silly old drunk you are propping up.

    http://www.vexnews.com/news/1210/exclusive-pics-liberal-front-bencher-tony-abbott-rocks-the-party-with-saturday-night-antics/

  369. 369
    Oz
    Posted Tuesday, October 28, 2008 at 11:33 pm | Permalink

    Yeah sales for the month to October 26th were down almost 4%.

  370. 370
    dyno
    Posted Tuesday, October 28, 2008 at 11:34 pm | Permalink

    Good to see the Govt has finally seen sense and started trying to do something about the managed funds’ situation.

    I thought they would eventually.

  371. 371
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:46 pm | Permalink

    No 361

    Put it this way, had they called it “Carbon Emission Reduction Scheme”, I would have no problems.

  372. 372
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:47 pm | Permalink

    Put it this way, had they called it “Carbon Emission Reduction Scheme”, I would have no problems.

    But you’d still insist that creationism is taught in science classes?

  373. 373
    steve
    Posted Tuesday, October 28, 2008 at 11:52 pm | Permalink

    At least European markets have opened sharply higher tonight.

    http://www.nytimes.com/2008/10/29/business/29markets.html

  374. 374
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 11:52 pm | Permalink

    "Swan is looking like the bumbling fool he always was."
    "ShowsOn please do not waste our time with infantile references to our politicians."

    Which blogger said both of these things? Which blogger is a hypocrite?

  375. 375
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:53 pm | Permalink

    No 371

    ShowsOn, I have already stated my position on creationism but as usual you continue to misrepresent it when you’ve run out of arguments.

    For the benefit of others: so long as children are taught accepted scientific principles, there is no reason why they cannot thereafter be exposed to alternative opinions.

  376. 376
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:54 pm | Permalink

    No 373

    Calling Wayne Swan is a bumbling fool is not infantile, it is fact.

  377. 377
    Glen
    Posted Tuesday, October 28, 2008 at 11:54 pm | Permalink

    Hear Hear!

  378. 378
    Generic Person
    Posted Tuesday, October 28, 2008 at 11:54 pm | Permalink

    On the other hand, ShowsOn referred to Mr Abetz as a woman which is not fact.

  379. 379
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:55 pm | Permalink

    For the benefit of others: so long as children are taught accepted scientific principles, there is no reason why they cannot thereafter be exposed to alternative opinions.

    So that means you think Astrology should be taught in Astronomy class, and alchemy should be taught in chemistry classes.

    That is complete and utter nonsense. That is the type of irrational anti-intellectual rubbish that is killing your side of politics.

  380. 380
    ShowsOn
    Posted Tuesday, October 28, 2008 at 11:56 pm | Permalink

    On the other hand, ShowsOn referred to Mr Abetz as a woman which is not fact.

    Erica Betz is not a woman, just a cross-dresser.

  381. 381
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 11:57 pm | Permalink

    No GP it is your opinion. So it’s all right for you to do the unsubstantiated name calling but not other people. As I say, hypocrite.

  382. 382
    Gary Bruce
    Posted Tuesday, October 28, 2008 at 11:59 pm | Permalink

    Both GP and Glen are reading from the same Liberal discussion sheet as that Steve Ciobo on “Lateline” tonight. What page is it on?

  383. 383
    ShowsOn
    Posted Wednesday, October 29, 2008 at 12:01 am | Permalink

    Both GP and Glen are reading from the same Liberal discussion sheet as that Steve Ciobo on “Lateline” tonight. What page is it on?

    They struggle turning pages, and their concentration waivers quickly, so now they only get 1 double sided page.

  384. 384
    Glen
    Posted Wednesday, October 29, 2008 at 12:08 am | Permalink

    anytime u criticise someone for holding another view to yours by saying they are reading from a dicussion sheet shows you have lost the argument!

  385. 385
    ShowsOn
    Posted Wednesday, October 29, 2008 at 12:10 am | Permalink

    anytime u criticise someone for holding another view to yours by saying they are reading from a dicussion sheet shows you have lost the argument!

    Don’t attack me Glen! You should be attacking G.P., the right wing Young Liberal!

    You don’t want that extremist getting to the Senate ahead of you!

  386. 386
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:12 am | Permalink

    No 378

    ShowsOn, that is rubbish and you know it. I am not at all positing that accepted scientific principle be supplanted by alternative opinion.

    In history classes, I was exposed to the fact that people like David Irving denied that Hitler exterminated millions of jews. Does that mean I now hold similar holocaust-denying views? Of course not. Indeed, in science classes, I was also exposed to the fact that people used to think that the earth was flat and at the centre of the universe. Again, exposing students to this is not dangerous or hazardous to a child’s education so long as it is done so in a framework that primarily focuses on accepted principles.

  387. 387
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:17 am | Permalink

    No 384

    My views are not extreme ShowsOn. Your argumentative style similar to the despicable Senator Conroy who likens critics of his censorship scheme to kiddie fiddlers when he can’t win an argument. You label people extremists when you can’t win either.

  388. 388
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 12:17 am | Permalink

    383 – Hardly Glen. What it means is that there is no use debating someone that just spouts the party line all of the time.

  389. 389
    ShowsOn
    Posted Wednesday, October 29, 2008 at 12:18 am | Permalink

    Again, exposing students to this is not dangerous or hazardous to a child’s education so long as it is done so in a framework that primarily focuses on accepted principles.

    You can’t do this with evolution. It always gets hijacked by Liberal religious nut-jobs who don’t understand it, and just want another excuse to get religion taught in public schools.

  390. 390
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 12:21 am | Permalink

    GP – you were, and still sometimes show us, the most rampant name caller and often resorted to personal abuse. That was your argument style. I’ll give you credit for cleaning up your act but you really have some gaul criticising someone else for their harsh style.

  391. 391
    bob1234
    Posted Wednesday, October 29, 2008 at 12:25 am | Permalink

    “PV is undemocratic and we should have still had 1PP voting.”

    Glen @ 297 really needs to learn his history. It was the conservatives that moved from first past the post, to preferential, so the conservative vote would not split between the Libs/Nats (say 30/30 each), allowing Labor to win on say 40.

    But conservatives have never been much for Australian political history.

  392. 392
    steve
    Posted Wednesday, October 29, 2008 at 12:25 am | Permalink

    There was a nice little exchange in Question time at the Cairns Regional Parliament today after the Liberal National Party put a Freedom of Information request to the Treasurer to find out their own opposition policy costings.

    When we put into the parliament three weeks ago $64.5 billion of thought bubbles, dog whistles and commitments from the opposition and said, ‘Name which ones you support. Name which ones are actually going to be part of your platform,’ what was the answer?

    Mr Springborg:
    I am very happy to answer that question.

    Mr SPEAKER:
    Order! Leader of the Opposition!

    Mr FRASER:
    You have had three weeks to answer it.

    Mr Springborg
    interjected.

    Mr FRASER:
    And what you did. So unable to provide a costing for a policy--

    Mr SPEAKER:
    Leader of the Opposition, that is the second time you have done that today. I think I am giving you a pretty fair go here. I would ask you to desist from your behaviour. I call the Treasurer.

    Mr FRASER:
    So unable to provide the people with a costing for any of those policies, those opposite FOI-ed my office to ask what costings I had done on their policies. This would have to be the laziest opposition in the history of Queensland. They promised us a policy. What did they release? A brochure.

  393. 393
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:26 am | Permalink

    No 388

    Weak argument with no basis in reality. Evolution is the accepted scientific theory. Teacher has class on evolution, and as a short aside mentions that theological opinion subscribes to creationist/intelligent design, but concludes that this is not accepted science. What is the big deal? How is that anti-intellectual? Why is that I am the only one that is approaching this rationally rather than hysterically?

  394. 394
    ShowsOn
    Posted Wednesday, October 29, 2008 at 12:31 am | Permalink

    What is the big deal? How is that anti-intellectual? Why is that I am the only one that is approaching this rationally rather than hysterically

    Because you’ve had a hysterectomy?

  395. 395
    steve
    Posted Wednesday, October 29, 2008 at 12:31 am | Permalink

    Why is that I am the only one that is approaching this rationally rather than hysterically?

    Everyone else got over that rubbish by eighth grade.

  396. 396
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:32 am | Permalink

    No 391

    Um, I fail to see the significance of that piece of blather from Mr Fraser. Had the Opposition not submitted their policies for costing, they’d be criticised for having uncosted promises. Now he’s calling them lazy for even bothering. You can’t have it both ways Mr Fraser. Perhaps you should be more focussed on how to avoid a repeat of Dr Death in your health system.

  397. 397
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:34 am | Permalink

    No 393

    Thanks for admitting that you have no argument.

  398. 398
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:35 am | Permalink

    No 394

    “Everyone” is not an atheist.

  399. 399
    scorpio
    Posted Wednesday, October 29, 2008 at 12:38 am | Permalink

    and as a short aside mentions that theological opinion subscribes to creationist/intelligent design, but concludes that this is not accepted science.

    GP, any parent that wants their child to be taught that alternative only has to take them along to sunday school which is the appropriate venue for such things.

    I would be exceedingly upset if any of my children were placed in that position in a public school. They all had the opportunity to be exposed to that on Sundays at church.

  400. 400
    steve
    Posted Wednesday, October 29, 2008 at 12:42 am | Permalink

    GP, they didn’t submit their policies for costing. Fraser added up the cost of the waffle the Liberal National Party have promised so far and it came to $Billion 64.5 with a year to go before the next election. They were asked which promises they would keep and had no idea so FOI’d Fraser in the hope that the Treasurer could solve their overspending dilemma.

    The Liberal National Party have no coherent policies yet just expensive barrels of pork.

  401. 401
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:43 am | Permalink

    No 398

    Fair enough. But what “position” would your children be in? Given my earlier example, they would still come away with the fact that creationism is not accepted science, but nevertheless exists as an alternative school of thought.

  402. 402
    Glen
    Posted Wednesday, October 29, 2008 at 12:45 am | Permalink

    bob1234 i know Hughes did that and i also know he made voting complusory all bad moves. Just because the tories do something doesnt mean i automatically like it!

  403. 403
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:46 am | Permalink

    No 399

    The Labor Party hires doctors that kill patients. We can all play this silly game.

  404. 404
    scorpio
    Posted Wednesday, October 29, 2008 at 12:50 am | Permalink

    Oh, Oh, play school is on. Time for bed.

  405. 405
    Yes We Can!
    Posted Wednesday, October 29, 2008 at 1:09 am | Permalink

    Mr Glen and Mr Generic Person, Your Most Loved Person (Menzies) is having a TV show
    dedicated to 50% of himself on ABC TV on Thursday Night.

  406. 406
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:12 am | Permalink

    Good column by Janet:

    Just as deceptive are the solutions coming out of Europe this past week. Clearly, European opponents of free markets are excited. For them, the crisis and Washington’s bailout of US banks and businesses are evidence that American capitalism is dead. The president of the European Commission, Jose Manuel Barroso, says Europe should lead the way because we need a new global financial order.

    Lapping up the limelight, Sarkozy described the crisis as a great opportunity as he touted his idea for Europeans to form their own sovereign wealth fund to defend domestic companies from marauding foreigners. It’s just the latest, most barefaced attempt to use the turmoil as an excuse to restore European statism as official policy.

    “I don’t want European citizens to wake up in several months and find European companies belonging to non-European capital which bought (them) at the share price’s lowest point,” he told the European Parliament a week ago. Under Europe’s new world order as laid down by Sarkozy, the spirit of fraternite (let alone liberte and egalite) does not extend to foreigners.

    Far from this being a new world order, it is more a case of old-fashioned anti-capitalist and anti-foreigner sentiment. And as The Wall Street Journal Europe reported on Monday, senior Chinese officials appear to have allied China with Europe’s call for more regulation. It’s worth raising an eyebrow when communists line up with Europe.

    http://blogs.theaustralian.news.com.au/janetalbrechtsen/index.php/theaustralian/comments/europe_worse_off_than_the_us/

  407. 407
    bob1234
    Posted Wednesday, October 29, 2008 at 1:19 am | Permalink

    Glen @ 402

    What would you prefer then? For first past the post to have remained when the Country Party hit the scene? For the conservative vote to be divided, and Labor to win almost every election?

    Yes, i’m sure you’d have MUCH preferred that!

    A nice bit of history at http://en.wikipedia.org/wiki/Swan_by-election,_1918

  408. 408
    bob1234
    Posted Wednesday, October 29, 2008 at 1:59 am | Permalink

    Seems like Tip still has aspirations to run the country…

    THE Reserve Bank made a mistake when it lifted interest rates during the 2007 election campaign, former treasurer Peter Costello said yesterday. http://www.news.com.au/heraldsun/story/0,21985,24567630-662,00.html

    FORMER federal treasurer Peter Costello says the world economic crisis is nearing the bottom of its plunge http://www.theage.com.au/national/crisis-close-to-bottom-costello-20081028-5akw.html

    So now Costello is second-guessing the independence of the reserve bank, and is looking in to his crystal ball and saying the world economic crisis is nearing the bottom. How would he know? All he did was swing in his hammock for 11 and a half years.

  409. 409
    bob1234
    Posted Wednesday, October 29, 2008 at 2:03 am | Permalink

    Yes We Can! @ 405

    I still don’t get why these ‘New Right’ Howardites still love Menzies. He had economic socialist tendancies. He was to the economic left of Whitlam, Hawke/Keating, and Rudd.

    But perhaps they just don’t understand the mixed messages that Liberal MPs put out… the whole ‘Howard’ was the best Prime Minister Australia ever had, only possibly second to Menzies.

    It’s the way of keeping oldschool Liberals onside whilst spouting their love of Howardism.

  410. 410
    Posted Wednesday, October 29, 2008 at 2:11 am | Permalink

    So Costello reckons he knows better than the rest of the world of where the bottom is? Truth is he is like the guy at the pub who reckons the same because it has fallen so much already so it should start to come back up surely.

    Costello knew and knows very little about finance and ecnomics and certainly is know economist so I wonder what he is basing his decisions on? Nothing of course. His prediction was probably made a hundred times during the Great Depression.

    The important question for Costello to answer is why he wasted $300 bn of Australia’s surpluses and does he think he should make an apology to the Australian people for wasting a decade of prosperity and throwing away the future as Howard’s coward?

  411. 411
    bob1234
    Posted Wednesday, October 29, 2008 at 3:01 am | Permalink

    Hear hear Thomas @ 410

    The wasted decade.

  412. 412
    steve
    Posted Wednesday, October 29, 2008 at 7:36 am | Permalink

    TP we can all be heroes and tip a 10% rise in the Australian Sharemarket today. If it wasn’t for a carping destructive opposition, it would probably be 15%.

    http://markets.on.nytimes.com/research/markets/overview/overview.asp

  413. 413
    dyno
    Posted Wednesday, October 29, 2008 at 7:42 am | Permalink

    steve,
    More importantly, the Liberal Party is the primary cause of cancer.

    You forgot to mention that.

  414. 414
    ltep
    Posted Wednesday, October 29, 2008 at 7:48 am | Permalink

    “If it wasn’t for a carping destructive opposition, it would probably be 15%.”

    Does anyone actually swallow this type of garbage?

  415. 415
    steve
    Posted Wednesday, October 29, 2008 at 7:54 am | Permalink

    It may well be silliness ltep and dyno but no sillier than Tip Costello predicting the bottom of the world downturn by looking at the tea leaves.

  416. 416
    ltep
    Posted Wednesday, October 29, 2008 at 7:58 am | Permalink

    I don’t see why anyone would be interested in what some random backbench member had to say.

  417. 417
    MayoFeral
    Posted Wednesday, October 29, 2008 at 8:13 am | Permalink

    FORMER federal treasurer Peter Costello says the world economic crisis is nearing the bottom of its plunge

    While I hope he’s right, history suggests we won’t see the worst of it for another 2 or 3 years. The worst years of the Great Depression were 1932 and 1933. It took nearly 4 years for the 1987 crash to reach bottom in the 1991-2 ‘recession we had to have’ Much the same happened after the 1973 ‘oil shock’ too.

  418. 418
    Muskiemp
    Posted Wednesday, October 29, 2008 at 8:14 am | Permalink

    bob1234 @ 408

    quote]So now Costello is second-guessing the independence of the reserve bank, and is looking in to his crystal ball and saying the world economic crisis is nearing the bottom. How would he know? All he did was swing in his hammock for 11 and a half years.[/quote

    Someone wrote it on a piece of paper and handed it to him to memories

  419. 419
    Boerwar
    Posted Wednesday, October 29, 2008 at 8:14 am | Permalink

    Itep @ 416, hang on. This is not your ordinary random backbencher.

    Having wandered around in the desert for what must seem an eternity, with even his lost tribe having deserted him, Tip the Prophet is wetting himself with the financial crisis: Is this the oasis in my desert? Have the chips finally fallen in my favour? Is this the burning bush? Is this the mountain top? Or, hang on, is this the bottom of mountain? Now, where is that damned tablet? Let’s see $10 billion, less $2,500 billion, adds up to….Look at me, everybody! Look at me! Want me, need me! Look at meeeeee….

  420. 420
    Cuppa
    Posted Wednesday, October 29, 2008 at 8:30 am | Permalink

    How does Tip “know” this? It was a vision that came to him in a dream as he lay slumbering in the hammock.

  421. 421
    steve
    Posted Wednesday, October 29, 2008 at 9:01 am | Permalink

    More carping, more whinging from the Opposition.

    Opposition small business spokesman Steven Ciobo told Lateline the Government's latest move tries to cover up the mistakes it made when announcing the deposit guarantee.

    "We have policy pinball from this Government," he said.

    "We've got a very inexperienced treasurer in the form of Wayne Swan who's at the paddles trying desperately to keep the ball in play as it bounces off one token decision to another."

    "I don't understand why it is that the Government cannot accept that they have taken a problem and made it worse, rather than fixed it.

    "This is a classic example of a Government that is lurching from one crisis to the next, trying to play catch-up and solve these problems."

    http://www.abc.net.au/news/stories/2008/10/29/2403969.htm

  422. 422
    Cuppa
    Posted Wednesday, October 29, 2008 at 9:04 am | Permalink

    Steve my first reaction when I heard that “story” on NewsRadio this morning was “very inexperienced Treasurer?” Mr Swan has almost a year’s more experience than his Liberal shadow – the serial plagiarist.

    Every day he accrues more experience, during the most challenging conditions any treasurer in living memory has ever had the opportunity to learn from.

  423. 423
    steve
    Posted Wednesday, October 29, 2008 at 9:09 am | Permalink

    Cuppa what got me is where are Steven Ciobo’s alternative solutions?

  424. 424
    Cuppa
    Posted Wednesday, October 29, 2008 at 9:12 am | Permalink

    As a Liberal small business spokesman he’d probably have none, unless SerfChoices could be woven into it somehow.

  425. 425
    steve
    Posted Wednesday, October 29, 2008 at 9:20 am | Permalink

    It’s all very nice to launch vague attacks on the performance of the government but surely his job is to spell out what the Opposition would do in these difficult circumstances, so far the opposition just is not even having a swing at that.

    Carping without offering a workable alternative position is not the way from opposition to government.

  426. 426
    Oz
    Posted Wednesday, October 29, 2008 at 9:26 am | Permalink

    FFS all this whining at one another and you missed another poll.

    http://www.theaustralian.news.com.au/files/newspoll29oct.pdf

    Economy and health top issues. Labor flogging Coalition in best managers in all of them except economy, and Coalition flogging Labor in national security.

    The Greens are the highest they’ve been with the environment and climate change, with a quarter of people thinking they’re best to handle to the issues.

  427. 427
    Socrates
    Posted Wednesday, October 29, 2008 at 9:39 am | Permalink

    I thought the government’s response to mortgage trusts today (we can help them become banks) was very good. It politely points out why they won’t cave in to their demands but still shows they are willing to help.

  428. 428
    steve
    Posted Wednesday, October 29, 2008 at 9:43 am | Permalink

    I read Shanahan’s blurb on that earlier, Oz.

  429. 429
    Oz
    Posted Wednesday, October 29, 2008 at 9:47 am | Permalink

    It appears that Brendan Nelson’s chapter in the new book about the Libs being a bunch of lost cases is essentially a reworked version of an article written by his former advisor, GP’s old friend in the Young Libs, Tom Switzer.

  430. 430
    Glen
    Posted Wednesday, October 29, 2008 at 9:55 am | Permalink

    In the 1918 Swan by-election the turnout was low given it was a by-election just 63% if it were a federal election about 70% would have voted as was the norm back then and i would have thought given the 2 conservative parties were popular back then for that seat they’d have won.

    I dont have an issue with that result. All people got one vote and the ALP won because they won the most.

  431. 431
    Cuppa
    Posted Wednesday, October 29, 2008 at 9:57 am | Permalink

    All this plagiarism and incestuous cannibalism. The last time the Liberals had an original idea was years ago: SerfChoices. And even that wasn’t original, harking back to the centuries-ago era of Master and Servant employment “standards”.

  432. 432
    Socrates
    Posted Wednesday, October 29, 2008 at 10:03 am | Permalink

    If the government wants to go on the attack about these funds (not really desirable in terms of market confidence but still) they coudl point out the motives of teh critics. The opposition wants to make itself relevant. The fudn managers want to get a guarantee or keep their customers because the funds fees (and hence their salaries) are linked to the volume of deposits. economically it makes little difference if there is an outflow from them to banks and the banks still lend for the economy to function. But it hurts the fund managers. Trouble is lots of investment vehicles have taken a hit; there is nothing special about mortgage funds that they should be protected.

  433. 433
    ltep
    Posted Wednesday, October 29, 2008 at 10:07 am | Permalink

    Reading an attack piece on the ABC in the Adelaide Advertiser today I had to laugh at this:

    “Last week on Lateline, the ABC demonstrated its isolation from reality when it referred to the political editor of The Australian, Dennis Shanahan, as a “conservative” commentator. Shanahan is an experienced, insightful journalist whose character and political instincts could be described as mainstream.”

    Oh come on… is this person serious?

  434. 434
    Oz
    Posted Wednesday, October 29, 2008 at 10:11 am | Permalink

    Wtf.

    $10 says Shanahan wrote that under a pseudonym.

  435. 435
    Socrates
    Posted Wednesday, October 29, 2008 at 10:17 am | Permalink

    LTEP
    I think in that context “mainstream” means “common in News limited editor’s rooms”. Both Shanahan and the Advertiser should look up the meaning of “self-referrential falacy”.

  436. 436
    Socrates
    Posted Wednesday, October 29, 2008 at 10:21 am | Permalink

    There are two areas where I can see the financia crisis having an impact on Australia in the short term:

    First, NY Times reports that GM adn Chrysler are seeking government cash to assist a merger. If as reported GM is out of cash, then Holden in Oz will have trouble scraping up capital to invest in (badly needed) more economical models:
    http://www.nytimes.com/2008/10/28/business/28auto.html?em

    Second, I haven’t heard anything on Gunns in a while. I thought their pulp mill funding was due soon? They have no chance of getting it at present and. as I suggested in earlier posts, their claims that a Swedish forester would supply them $ were highly questionable. I have never seen any confirmation of them from the alleged partners. So there is a silver lining in every financial cloud – Gunn’s stupid pulp mill is dead :)

  437. 437
    Jewelled Cats
    Posted Wednesday, October 29, 2008 at 10:53 am | Permalink

    “Lenore Taylor, National correspondent | October 29, 2008
    MALCOLM Turnbull moved part of his fortune out of a property fund just days before redemptions from the fund were frozen as investors rushed for the protection of the Rudd Government’s bank deposit guarantee.”
    http://www.theaustralian.news.com.au/story/0,25197,24569270-5013404,00.html

    Interesting!

  438. 438
    Oz
    Posted Wednesday, October 29, 2008 at 11:06 am | Permalink

    All politicians should have to sell all their shareholdings once taking office or put them in the hands of some independent body.

  439. 439
    ltep
    Posted Wednesday, October 29, 2008 at 11:09 am | Permalink

    I agree Oz. If they don’t they’re more than free to not enter parliament.

  440. 440
    Gusface
    Posted Wednesday, October 29, 2008 at 11:18 am | Permalink

    JC
    from the article you linked to
    “Yesterday, officials held talks with fund managers and regulators on ways to unlock the $25billion of frozen investment funds, including property trusts, that are threatening the retirement savings of 60,000 Australians. ”

    so the hooha is about 60,000 aussies,who have dosh in investment funds.

    not exactly life or death or economic chaos IMO

  441. 441
    enjaybee
    Posted Wednesday, October 29, 2008 at 11:51 am | Permalink

    Ltep @ 433. That article was written by Chris Kenny a former adviser to Lord Downer and one of the most conservative (if not the most) journos in Adelaide. He is in the same class as Andrew Bolt.

  442. 442
    Posted Wednesday, October 29, 2008 at 11:54 am | Permalink

    Re the Albrechtson column quoted by GP at the top of the page. After a fortnight of surprisingly good sense, JA has lapsed back into primitivism. She laments the return of European statism. One can only say that European statism is looking quite good at the moment. I think we’ve had our little experiment with radical deregulationism, and look where it’s got us. There has to be a moment, GP, when beautiful theories hit the brick wall of empirical verification, or in this case falsification. That moment is now. It will be a loooong time before governments and electorates again listen to the siren song of economic libertarianism, so conservatives are going to have to get to grips with that if they want to win elections in the next decade or so.

  443. 443
    bob1234
    Posted Wednesday, October 29, 2008 at 12:25 pm | Permalink

    Glen, the point is that historically, Labor has usually gained a higher vote than the major conservative party, only to be overtaken by Country/Nat preferences. If first past the post was kept, Labor would have won most elections.

  444. 444
    bob1234
    Posted Wednesday, October 29, 2008 at 12:34 pm | Permalink

    http://www.theaustralian.news.com.au/files/newspoll29oct.pdf

    And this is the Howard/Costello legacy. Focus on the economy at the expense of everything else. To hell with health/education/everything else!

  445. 445
    bob1234
    Posted Wednesday, October 29, 2008 at 12:35 pm | Permalink

    Oh, and of course ‘the boom years, wasted’.

  446. 446
    Helen2
    Posted Wednesday, October 29, 2008 at 12:38 pm | Permalink

    Must be ‘red herring day’ – after the article about Mr Turnbull’s investments, we now have “Don’t frighten true love away – Turnbull”.

    http://www.theaustralian.news.com.au/story/0,25197,24570066-12377,00.html

    What the?

    (Haven’t tried posting with link before. If it doesn’t work, my apologies, and could someone please advise how to do it correctly – thank yoy)

  447. 447
    Oz
    Posted Wednesday, October 29, 2008 at 12:41 pm | Permalink

    You just copy and paste the link! Nothing to be scared of.

    Good to see that in between talking down the economy Turnbull has time to give love advice.

  448. 448
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:41 pm | Permalink

    Yet another scandal for the bumbling fool, Nathan Rees:

    THE office of the Premier, Nathan Rees, has intervened to have a female staff member removed from the office of the assistant health minister Tony Stewart after allegations of inappropriate behaviour were made against him.

    The Herald understands the woman, Tina Sanger, alleges the minister verbally abused her and touched her leg at a Garvan Institute dinner after he was upset at the quality of the speech he gave at the dinner.

    It is understood the allegation centres on Mr Stewart holding her leg so that she could not move from her seat at the dinner as he allegedly verbally abused her.

    http://www.smh.com.au/news/national/rees-minister-in-legtouching-scandal/2008/10/29/1224956079753.html

  449. 449
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 12:46 pm | Permalink

    Yep, that’s Rees’ fault all right. That makes him a bungler. Just one question though, how?

  450. 450
    Oz
    Posted Wednesday, October 29, 2008 at 12:48 pm | Permalink

    This is going to be a really painful couple of years for Labor.

    It seems like it’s almost daily that there’s some kind of issue they have to deal with. The perception that they’re rotten to core is so strong that it doesn’t matter who’s fault it actually is.

  451. 451
    ltep
    Posted Wednesday, October 29, 2008 at 12:50 pm | Permalink

    It’s just embarassing. It’s reached the point where no proof even needs to be offered and most people will believe it. This perception won’t go away until they’ve been in Opposition for a few years.

  452. 452
    Generic Person
    Posted Wednesday, October 29, 2008 at 12:54 pm | Permalink

    No 451

    They deserve 20 years in the wilderness.

  453. 453
    bob1234
    Posted Wednesday, October 29, 2008 at 12:58 pm | Permalink

    NSW Labor is bad. We can all agree on that. Pity we can’t all agree that the federal Liberals are bad too.

  454. 454
    Dario
    Posted Wednesday, October 29, 2008 at 12:59 pm | Permalink

    Isn’t there a NSW thread?

  455. 455
    Oz
    Posted Wednesday, October 29, 2008 at 1:01 pm | Permalink

    However the LNP do not deserve 20 years in Government. They’re pathetic, and the worst part is that they’re going to get in on the back of dissatisfaction with public transport, education, health and infrastructure when they have absolutely no policies except privatisation, which the public rejected.

    When the Coalition wins Labor should use it as an excuse to clear out the factional warlods, refresh their lineup, come up with a cohesive set of policies and then rip into them.

    If they fail to do at least the first two of those things they are a joke and deserve to be thrown out of the country. The people of NSW do not want, nor do they deserve, Eddie Obeid and Joe Tripodi running the state.

  456. 456
    Oz
    Posted Wednesday, October 29, 2008 at 1:02 pm | Permalink

    Good point, #454.

    Judging by who kicked off the conversation, diverting attention to the inept State government must be the strategy for the week.

  457. 457
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:17 pm | Permalink

    Hardly anyone reads the NSW thread – mainly because the Laborites are so embarrassed by the Rees government that they’d rather keep it “out of sight, out of mind”.

  458. 458
    evan14
    Posted Wednesday, October 29, 2008 at 1:22 pm | Permalink

    Rees seems like a good bloke, the problem is that the N.S.W cabinet is still full of the same deadwood/hacks, Tony Stewart a good example of the lack of talent in the government.

  459. 459
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 1:24 pm | Permalink

    I wonder if GP would be so ready to talk about a NSW Liberal government facing the same problems as the present government. Me thinks not.

  460. 460
    ltep
    Posted Wednesday, October 29, 2008 at 1:26 pm | Permalink

    Which problems are they Gary Bruce?

  461. 461
    ltep
    Posted Wednesday, October 29, 2008 at 1:26 pm | Permalink

    evan14, Rees seems like a conman to me!

  462. 462
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 1:28 pm | Permalink

    I absolutely have no time for the NSW government but blaming Rees for what a minister has supposed to have done to a woman is just plain silly. That doesn’t make Ress a bumbling fool. Other things may but not that. That was my point.

  463. 463
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:28 pm | Permalink

    No 459

    GB, the Howard Government was in for a roughly similar amount of time and never descended into the bilious sleaze that characterises the NSW government.

  464. 464
    Cuppa
    Posted Wednesday, October 29, 2008 at 1:28 pm | Permalink

    Let’s see now. After revelations of Buswell’s chair-sniffing (and other harassment-type behaviour) surfaced, the WA Liberals actually promoted the guy – to leader no less. Then the federal Liberal leader came out and said he had his full support.

    I doubt NSW Labor will be promoting this guy, let alone to leadership.

  465. 465
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 1:29 pm | Permalink

    I tale it ltep you haven’t been reading the papers re the NSW government?

  466. 466
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 1:31 pm | Permalink

    465 – make that “take”.

  467. 467
    Oz
    Posted Wednesday, October 29, 2008 at 1:31 pm | Permalink

    Which problems are they Gary Bruce?

    Brogden! Remember his antics?

    Anyway, when the Coalition wins public transport, schools, hospitals, planning regulations, developer donations, every other area of government responsibility are still going to be a complete mess.

  468. 468
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:32 pm | Permalink

    No 464

    Cuppa, of course everyone accepts Mr Buswell’s actions were idiotic.

  469. 469
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:34 pm | Permalink

    No 467

    Oz, every area of government responsibility in NSW is already a complete mess. A Liberal administration could not possibly be worse. Indeed, anything would be better than the current rabble.

  470. 470
    Oz
    Posted Wednesday, October 29, 2008 at 1:36 pm | Permalink

    A Liberal administration could not possibly be worse. Indeed, anything would be better than the current rabble.

    They haven’t exactly outlined how they are going to be better. They’re going to slide in due to the general level of hate towards the government but they haven’t stipulated how they’re going to fix transport and congestion, they haven’t told us how they’re going to fix education, they haven’t told us how they’re going to fix hospitals, they haven’t told us how they’re going to re-democratise unpopular planning laws…

  471. 471
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 1:37 pm | Permalink

    The problem facing the next NSW Liberal government will be one of meeting the expectations the voters will place on them. The Libs will go into the election promising to fix every ill and if expectations are not met the let down will be show up in future polls.

  472. 472
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:38 pm | Permalink

    No 470

    Oz, Rudd’s plans were equally blithe beyond his attractive sound bites.

  473. 473
    Oz
    Posted Wednesday, October 29, 2008 at 1:40 pm | Permalink

    Oz, Rudd’s plans were equally blithe beyond his attractive sound bites.

    I don’t know what relevance that has, other than to suggest that the Liberal’s will win. Something I’m not doubting. However it’s good of you to accept they have no actual policies and I wouldn’t go as far as to call O’Farrell mumbling about something a “soundbite”.

  474. 474
    bob1234
    Posted Wednesday, October 29, 2008 at 1:41 pm | Permalink

    @472 GP

    “Rudd’s plans were equally blithe beyond his attractive sound bites.”

    More of the same not being able to accept they lost the election fairly and squarely with inferior policies and inferior leadership.

  475. 475
    Generic Person
    Posted Wednesday, October 29, 2008 at 1:45 pm | Permalink

    No 474

    bob1234, you’re the only one under the delusion that Liberals cannot accept the election loss.

    We lost the election. All I’m saying is that of course an incumbent can point to deficiencies in policy details because they have access to the entire public service to devise policy. The opposition does not have the same access. And even if they did have very detailed policy, they run the risk of it being pilfered by the government if its released long before an election.

  476. 476
    Gary Bruce
    Posted Wednesday, October 29, 2008 at 1:46 pm | Permalink

    I’d expect the Libs to get two terms in NSW. Here in Vic Kennett got in with a massive landslide after a disasterous ending to what was a good government for the first 8 years. There was no doubt that Kirner had to go and I helped her on her way, but I digress.
    Kennett lasted 7 years.
    NSW is a Labor state and will revert back to one in a relatively short time.

  477. 477
    bob1234
    Posted Wednesday, October 29, 2008 at 1:53 pm | Permalink

    GP @ 475

    “bob1234, you’re the only one under the delusion that Liberals cannot accept the federal election loss.”

    That’s so hilarious I even forgot to laugh.

  478. 478
    Cuppa
    Posted Wednesday, October 29, 2008 at 1:54 pm | Permalink

    Generic Person at 468 wrote:

    of course everyone accepts Mr Buswell’s actions were idiotic

    So in full knowledge of his actions (and presumably accepting them as idiotic), the WA Liberals still chose him as leader.

    WAToday.com.au, 27 June 2008:

    Liberal leader Troy Buswell ... survived a recent leadership spill after admitting to sniffing a staffer's chair and snapping another woman's bra.

    http://www.watoday.com.au/wa-news/wa-liberals-heading-for-annihilation-analyst-20080627-2xzq.html

    That was in June. In May 2008 stories of his grabbing an MP’s testicles were in the headlines
    http://www.news.com.au/story/0,23599,23710071-2,00.html

    And they still wanted him as leader.