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#31 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,692
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One good thing about the result was that other mob was going to give us even more debt
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I reserve the right to arm bears
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#32 | ||
Bolt Nerd
![]() Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,619
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Being a greedy OLD fart, I probably won’t be around long enough to worry about all this massive spiralling debt?
But future generations… My kids, My grandkids… By Christ, not going to be too rosey?
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner ![]() |
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#33 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,692
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And how many Governments have been in debt and have paid it back?
Were you as worried when ScoMo and Co increased out debt by 7 times in the time they were in charge? A Government who got in based on a 'budget emergency', but managed to increase the debt by 7
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I reserve the right to arm bears
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#34 | ||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,891
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Interesting to hear both sides of state politics forecast back to surplus within 3 years. The opposition actually had it sooner, despite committing to more debt.
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. ![]() |
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#35 | ||
Bolt Nerd
![]() Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,619
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Debt is an accepted generational thing nowadays!
Governments, youth, struggling couples… all splashin the plastic for more stuff nobody really needs? Will come home to roost eventually….
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner ![]() |
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#36 | |||
Experienced Member
Join Date: Sep 2006
Location: Australasia
Posts: 7,540
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Quote:
We will know by the next election if that happens. I was astounded by both sides of politics with all the promises and spend when in reality, us the public will be paying big time for the big spend no matter how much spin they give us. ![]() |
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#37 | ||
FF.Com.Au Hardcore
Join Date: Jul 2009
Location: melbourne
Posts: 4,649
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Not entirely accurate
The Kirner government were quite the privatisers themselves as they needed the cash for their spending and budget short falls They started the process of selling Loy Yang B before the 92 election and managed to balls it up from memory so badly that the sale was completed by Kennett government The election was 2 oct 92 and Loy Yang B sold in Nov 5-7 weeks later Federally Keating sold the Moomba to Sydney gas pipeline in 94, both parties were privatising. Last edited by zipping; 28-11-2022 at 05:09 PM. |
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#38 | ||
FF.Com.Au Hardcore
Join Date: Jul 2009
Location: melbourne
Posts: 4,649
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The main problem with going back to the SEC government type of ownership is that should the SEC on behalf of the government invest in obsolete or white elephant type of power generation the entire risk will be born by the tax payer
The main advantage of leaving it in private hands is that if they fk up its on them. Back in the day it was solely coal, gas and hydro pretty straight forward. One good thing about it going back to the gov is that should the grid fail for any reason we know who to blame as they have taken total responsibility from design of to ownership of the system Probably the Desal plant is an indicator of what the SEC will be like. If you think that was value for money and the gov did a good job u will support the SEC. Last edited by zipping; 28-11-2022 at 05:32 PM. |
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#39 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,692
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Black Saturday fires were attributed to the lack of infrastructure maintenance by private enterprise.
Personally I don't trust private enterprise to get it right, shareholders are their priority IF power was in public hands still, would power bills be so high - hell no The new SEC will be 51% owned by the State and will focus on green energy only
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I reserve the right to arm bears
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#40 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,692
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The desal plant will come into its own, but the north south pipeline was a huge waste of money. It forced me vote against Labor for the first time in my life. I live on the Goulburn River
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I reserve the right to arm bears
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