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"Recession possible" - Kevin Rudd (1 Viewer)

withoutaface

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Starcraftmazter said:
$5 says if Costello becomes new libs leader, the opposition has no hope in hell, winning the next election.
I'm prepared to throw $50 at you at odds of 5:1 of the opposition winning the next election if Costello becomes leader by the end of this year.
 

sam04u

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I have a feeling Labour is here to stay until Liberal moderates itself a bit, or some more centrist party emerges popular to polarise things (e.g. Democrats, or Greens if they move more to the centre).

But of course, a name is powerful thing.
The Liberals have no solid leader, the only trump card they have is Costello, and when they use him, they've got nothing. If anything, they'll wait till the last 8 months of Rudd's term in office, and then use the Costello card. Which is bound to fail either way you look at it.

So at minimum, Labour is here for another full term. What this means for Australian politics, is that there is an oppurtunity for a new party to emerge as you say. They would emerge as a post-post-Industrialisation party. FOR trade unionism, NOT for fiscal conservatism, Willing to properly invest in infrastructure (unlike the faux investment Labor promised), even if it means running a deficit.

Ofcourse for them to even get off the starting blocks they'd need to follow certain criteria.

1) They need to stand out (passionate?)
2) They need to steal liberal supporters.
3) They need to take popular opinions amongst typical conservatives.

Basically, it would need to be....

A combination of Nationalism, (economic) Socialism, and (social) Populists. So basically, a real peoples party. No apologists, something I would personally hate (but at the same time, because of the economic policies, would prefer to Liberal).

*dreams of the complete demise of far-right wing politics*
 

sam04u

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withoutaface said:
I'm prepared to throw $50 at you at odds of 5:1 of the opposition winning the next election if Costello becomes leader by the end of this year.
Seriously. Don't waste your money.
I have yet to see any Labor supporters who have switched over to Liberal in this short period of time. Infact, Labor has more supporters (many didn't get a chance to cast a vote for Rudd due to changes).
 

chicky_pie

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New Zealand is likely to become the second developed country to slide into recession this year.

The country's treasury said in a report that it believed the economy had shrunk for the second successive quarter, a sequence that would meet the most common definition of a recession.

"Our view is that the economy contracted for the second consecutive quarter in June," the treasury said.

The economy shrank 0.3 per cent over the three months to March. Official growth figures for the second quarter are due next month.

Economic growth in the 2008 calendar year was expected to fall below previous forecasts, coming in at between 0.5 and 0.75 per cent, the treasury report said.

Westpac Bank also forecast a bleak short-term future for the economy.

It said New Zealand was likely to be the second country in the Organisation for Economic Cooperation and Development (OECD) to slip into recession this year after Denmark.

"The reason we experienced recession earlier than other countries is the drought, which we estimate knocked one percent off GDP in the first half of the year, hurting farmer production, a major contributor to the economy," research economist Dominick Stephens said.

"It also reduced hydro-electricity generation, causing some manufacturers to curtail production," he said.

Mr Stephens said consumers were also tightening their belts as the global credit crunch forced up interest rates and higher petrol prices strained budgets.

"We think the consumer is out for the count for the foreseeable future." he said.

"We have been spending more than we earn on the back of rising housing prices - it was always going to come crashing down,"

Finance Minister Michael Cullen played down the treasury report.

"The tax cuts coming on October 1 will feed some demand back into the economy, the drought's over, so expansion should pick up," he said, adding that a fall in the New Zealand dollar would help the export sector.

The last time New Zealand faced successive quarters of negative growth was more than 10 years ago, between September 1997 and March 1998.

Official figures released last month showed that Denmark had become the first European Union country to fall into recession in the aftermath of the US subprime mortgage crisis.
Oh no, someone tighten the borders.
 
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Schroedinger said:
I'll take you at those odds, Snowjob. I'll be collecting in person at UNSW. $50.00 down, fool.
I said $5.

Schroedinger said:
EDIT: And you seriously are a motherfucking brainless, paint-sniffing, tilomere-lacking, cumhuffing retard if you think linux doesn't have any bugs. Linus would kick you in the balls:

http://bugzilla.kernel.org/
Earth to dickhead (yep - that's you), I've never made such a claim.

 

withoutaface

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Wait, you're seriously willing to put FIVE EARTH DOLLARS on the election.

Step back.
 

Snaykew

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sam04u said:
Willing to properly invest in infrastructure (unlike the faux investment Labor promised), even if it means running a deficit.
I would prefer it if they spent accordingly to economic conditions. I don't want a government running a budget deficit when economic growth is unsustainable.
 
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Schroedinger said:
1000 posts on the CSE forums? Dude, get a life, seriously.
Lies and Slander!

Richard removed 100-200 from my post count, so it was more like, around 1150. Also, it was the cs1917 forums, not the cse forums.

Also, lol @ u. I mean srsly, stalking me? Get a life.

Schroedinger said:
If you know you're going to win, take the $50.00 bet. Must be easy as.
Tbh, I wouldn't pay you, even if it's 5 cents. But it's irrelevant. In fact, I would want Costello to take over leadership from Nelson - who at least seems nice, but everyone knows what a tosser Costello is. And you'd lose the bet of course.
 
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Schroedinger said:
Alan told me. 1150 for a class specific forum and the whole time spent being contrarian and then getting called out about it in a packed lecture?
Perhaps Alan can tell me, I can't recall Richard mentioning anything about my post count, nor anything about me implying that linux has no bugs.

You know, the lectures are up on youtube, perhaps you could show me?

Schroedinger said:
I don't care what you say you wouldn't do. If you took the bet and I won, you would pay me because I would extract the money from you. It's a fairly simple situation.
Bwahahaha, oh how I wish you won, although it's unfortunate that it will never happen.
 

sam04u

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Schroedinger said:
I'll take you at those odds, Snowjob. I'll be collecting in person at UNSW. $50.00 down, fool.
So wait you're betting $50.00 that Liberal will win?
I would like in if that's the case.

Edit: Actually make that $50,000 cause you're rich and all that.
Bring them in a bag, all in $50 notes.
We'll meet in a dark alley, in the city, at night. (Come alone)
 
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Schroedinger said:
Shhh Snowjob.
Good Sir, you have stunned and shocked me with your reply. I shall now go to a corner in my room, and think long and hard about where to take my life from here.

Thank you so much for this enlightenment, I know for a fact, that from here on, I will always wonder, into the deep hours of the night, "Blimey, what if I had never read that decisive post, written by that weird stalker of mine?".
 

Progressive

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Snaykew said:
Clearly Kevin Rudd is to blame for global economic conditions.

THIS IS WHAT YOU GET WHEN YOU VOTED OUT JOHN HOWARD.
Hahahaha oh bloody blue ribbon Liberals. you cant blame rudd for global economic condotions, Blame Peter Costello for introducoing GST stealing the poeples money to pay of government debt, and when u ask peter n john about debt they say there not in dept ofcourse thats rigth the liberal party shifted the governments debt onto the people. :mad: :mad: :mad: "THIS IS WHAT YOU GET WHEN YOU HAVE HAVE A LIBERAL PARTY" MY OH MY. Look at Peter costello looking all good knocking back a 2mil job to serve the poeple hahahahaha bullshit. the only reason why hes in politics is because hes useless outside politics wall to wall labour the bastard cant lobby, his jobless so he goes back into politics hahahahahaha. They should band the liberal party as far as i know the dirt they've created.:mad: :mad: :hammer:
 

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