Kevin 37 T V's the Stimulus Hoax

The pictures below are from a post at Atlas Shrugs , seems some of our American friends have woken up to the International Socialist's con job before Australians have, ie rejecting a "free" TV (free cheese, see Monty Python) in exchange for their and their children's future.


American Democrat strategist's and campaign workers were flown to Australia to run the Australian Labor Party's "Kevin 07" election campaign, along with over 100 CHINESE foot soldiers to "enlighten" Australia's "Chinese community" as to who they should vote for, many of whom would no doubt have relatives in China.

So we have a common thread here,
Australian Labor Party = Socialist ideology funded by the MARXIST Australian Council of Trade Unions. Led by Kevin 07 aka "I have never been a Socialist" "Time for change" Rudd.

Chinese Government foot soldiers invited to Australia by the Australian Labor Party (ALP)to assist the ALP in recruiting supporters ie voters in the Kevin 2007 election.

American Democrats "Change we can believe in" = Obama ... yeah right.

Stimulus, Stimulus,Stimulus Give it to me baby!!!!!

Drunken sailor economics

By Tim Blair
The Daily Telegraph
February 07, 2009 12:00am

IT'S hot this weekend. So take off your shirt and lie down in the sun.

Join Tim Blair's blog

You'll be surprised how cool you feel.

It might sound counter-intuitive, but that's apparently the way we're supposed to do things these days. And for some time prior.

Over the past 10 years, for example, while the economy roared along, we were told to reduce credit card debt and boost savings.

Now the economy is weakening, we're told to spend like crazy.

In 2007, then opposition treasury spokesman Wayne Swan complained about families struggling to pay credit card debt.

Two years later, he's begging us to hit the shops. If, by the way, the aim of the Government's stimulus exercise was to put cash in retailer pockets, why not give it straight to retailers? Just a thought.

(Also, it's a little bold for any money-grabbing Australian government to tell us how to spend our money when they decide to give some back.

If it's such a great idea for us to buy things, let us keep the cash in the first place. We'd have a hell of lot more, too, without it being processed through the taxation department.)

People facing an increased risk of unemployment might understandably feel disinclined to spend. Moreover, even if everyone who receives their Ruddollars and Kevincents dutifully blows the lot on locally-made goods, there is no certainty that it will solve our economic problems.

That's because these economic problems aren't exclusively ours. It's a global financial crisis, after all.

Just as you can't cure alleged global warming by closing Australian coal plants, you can't repair a global money meltdown by throwing $950 at Bing Lee.

As a measure of Australia's place in global economic terms, consider that the $US819 billion in US President Barack Obama's stimulus plan represents - according to someone armed with a bible and a calculator - nearly $US1 million every day since the birth of Jesus Christ.

By contrast, the Rudd stimulus plan represents $US1 million every day since the birth of Maggie Tabberer.

Who, while admirable in the fields of fashion and publishing, is yet to surprise anyone at Easter.

Despite all of this, we're yet to feel the full impact of the ever-looming crisis.

As much as I'm a fan of extreme capitalism, to use Kevin Rudd's phrase, might it not be a good idea to hang on to some of our billions until precise needs are identified?

Instead, we're getting $4 billion worth of government-funded household insulation.

Ask elderly relatives what they most craved during the Great Depression - chances are it wasn't pink batts, which aren't exactly edible.

As a response to international economic turmoil, loading roofs with fibreglass is one of your more eccentric options. One justification is that it will reduce carbon emissions.

Which gets us back to the other great crisis of our time.

If Rudd is serious about addressing climate change, which he described as "the defining challenge of our generation'', he has the solution right in front of him.

The economic downturn, with a reduction in commerce and therefore emissions, should easily deliver a 5 per cent carbon cut. Probably more.

Instead, he's piling on $42 billion worth of emissions. We've reached a tipping point, as they say. Rudd has tipped against the "defining challenge''.

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Malcolm Turnbull Australian federal opposition leader on Stimulus package

I sit here in Australia watching President Obama spruiking the same drivel that Prime Minister Rudd is rolling out every ten minutes, telling anyone who will listen, how his stimulus package will save Australia from the jaws of economic death.
There is of course one catch to Australia's very own messiah and change agent's rescue package, and that is it has to happen NOW, better still yesterday, but at the very latest NOW.
Rudd's master plan must not /cannot be debated or scrutinised by the Australian Parliament, it simply must be implemented immediately, and any opposing opinion is simply un Australian and the work of mischief makers and CAPITALISTS, or as Kevin 07 says "extreme Capitalism" that's not to be confused with, what I am sure, Kevin 07 would describe as "good" , "socialist" or "honourable" capitalism of the kind,that manifested the hundreds of millions of dollars his and his wife's various companies are now the beneficiaries of.

I have to wonder is Kevin 07 "I have never been a socialist" Rudd, giving or receiving orders from / to President "yes we can" Obama, I keep wondering who is the student and who is the pupil, they are both in the "time for change business" code for, amongst many things, bypassing the democratic process and implementing the agenda of International Socialism.

6 2 09 Rudd on a Dangerous, Ill-Informed Crusade

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Malcolm Turnbull Kevin Rudd Stimulus Package

Turnbull Doorstop with Hockey - Securing our economic future, Kevin Rudd's plan to lump every Australian with $9500 in debt...

The Hon Malcolm Turnbull MP
Leader of the Opposition
Fri, 6th February 2009

Subjects: Securing our economic future; Kevin Rudd's plan to lump every Australian with $9500 in debt; comparable countries using tax cuts for economic stimulus; small business.

MALCOLM TURNBULL:

Well you can see the people we’ve been talking to here are concerned about debt, they’re concerned about the level of debt Kevin Rudd is proposing to run up and the fact that their children and their grandchildren are going to have to pay it off. And they can’t understand why he’s going to take us deeper and deeper into debt – $200 billion in order to fund cash handouts. What will we have to show for that?

Now Reg, you saw the last cash handout, how did that affect your business here?

MR CAIN:

It actually, Malcolm, didn’t affect us here in Gladesville a hell of a lot. We did have people come into the shop before the handout was given and said, ‘I want you to hold that fridge for us’. But they’re still coming in weeks later and still haven’t bought it. So it didn’t affect Gladesville in that sense too much.

MALCOLM TURNBULL:

And what do you think about the idea of another $11 billion being handed out in March?

MR CAIN:

Really I think he’s got to stop shooting from the hip and throwing money at everything, get some infrastructure going, something that’s going to be fundamental down the track, just instead of throwing it away.

MALCOLM TURNBULL:

Well that’s right. Well I think at the moment he is giving drunken sailors a bad name, spending so much money. Look, this is all about the future of Australia. We are facing economic challenges – that’s true. Yes, the Government should act and have an effective economic stimulus but it must be one that works, that gets the maximum bang for every tax payer’s buck. That’s what we are focussed on. We are focussed on prudent investment in the productivity of our economy, investment that will create jobs.

Mr Rudd said his $10 billion cash splash in December would create 75,000 jobs, where are they? We’ve seen no evidence from the Government that it created one job let alone 75,000. And now he’s proposing to back up and do it all over again.

So we’re standing up for good economic management. We’re standing up for the tax payers, but above all we’re standing up for our children because, believe me, when he maxes out our credit card, our national credit, at $200 billion, it will be our children and our grandchildren that will be paying it off for many years to come.

QUESTION:

Mr Turnbull what would happen if you went on this tour in maybe a shopping centre in Penrith and you were talking to shop owners like you just did, what do you think the response would have been from those people and people in Campbeltown?

MALCOLM TURNBULL:

Well to be honest with you from right around Australia we are… Look, when we took this stand I thought it was going to be, I still believe, it will be unpopular. I thought it was going to be poisonously unpopular frankly and we all felt we were going to get hammered into the ground in the opinion polls, and we probably will be, but we took this stand because it was right.

But I have to say it’s been very interesting just looking at the calls we’re getting, and the emails we’re getting, and the feedback we’re getting, is that more and more Australians are starting to say, hang on, this isn’t right? We shouldn’t be spending all of this money and racking up all this debet. Where’s the evidence that it’s going to create jobs? Where’s the evidence that it’s going to make our economy stronger?

So we’ll see. We will see. I have great faith in the common sense of Australians.

JOE HOCKEY:

Just to give clarity there, this is the border of Bennelong and North Sydney. So the suggestion that somehow this is a particularly wealthy area is just dead wrong. Gladesville is middle Australia. Gladesville is very middle Australia and the suggestion somehow that it’s a wealthy area or we didn’t speak to any of the people that are, you know, actually the punters out there is wrong.

QUESTION:

Well what about the elderly in Blacktown or the pensioners in Campbeltown or the people in Rosemeadow who went through what they did last month?

MR CAIN:

Would you like me to speak on say Lismore? Would you class Lismore as middle of the road, because you’ve got Nimbin and those places around it, and I own a store in Lismore and we really didn’t receive too much spending from the last throw away item, I can tell you that and I can show you facts and figures.

QUESTION:

Mr Turnbull what do you make… Kevin Rudd is in Canberra at the moment talking with businesses, unions, schools – a bit optimistic considering the package still hasn’t been passed yet?

MALCOLM TURNBULL:

Well look he’s certainly entitled to talk to whoever he likes. The only person he doesn’t want to talk to or the only people he doesn’t want to talk to are us. What he should be doing is sitting down with the Opposition. We’ve reached out to him and said: let’s work together and see if we can agree on a stimulus package that we can all support. And the Australian people want their leaders in Parliament to work together, but Mr Rudd’s approach, remember, Mr Rudd’s approach was to say, ‘here it is, take it or leave it, you’ve got to pass it through the parliament in 48 hours’. He wanted this legislation passed in 48 hours.

Now because we have stood up for taxpayers, and for our children and for good economic management it’s going to go through scrutiny in the Senate. But he is not interested in negotiation; he is not interested in discussion – and in many ways Kevin Rudd is right out on a limb of his own. Now you’ll recall that we have argued that a better stimulus than another huge handout would be to bring forward the tax cuts that are already legislated for in 2009 and 2010. So they’re the tax cuts the Labor Government legislated for, they were essentially a copy of what we proposed in the last election and had complete support. Bring them forward by 18 months. Mr Rudd and his ministers have said that’s a disgrace, tax cuts have no role as part of an economic stimulus package. And yet every other country in the world, comparable country that is undertaking stimulus measures has included tax cuts. Australia is the only one that hasn’t.

So the person who is out of step with the global response to this is Kevin Rudd.

QUESTION:

Would it be worth sending the Budget into deficit if you were to give more money to small business in terms of keeping jobs, hiring new people, pay rises for those people who are already working?

MR CAIN:

Good question. Very, very good question.

MALCOLM TURNBULL:

Reg, what do you think? There you go – ask a small business proprietor?

MR CAIN:

Why not reduce the payroll tax? We’ve got about 34, 35 people on the staff. We pay about $25,000 a year just for the privilege to employ people. I don’t think that’s a very fair tax. So you could reduce that. You could actually then also put superannuation on hold and that would be a fairer way to everyone to get some money back into the system instead of throwing it at people.

MALCOLM TURNBULL:

Yeah and that’s why Reg what we’ve recommended as a better way to support small business is for the Government to reimburse small businesses for a period, for say two years, for a portion of the superannuation guarantee levy. Now that would put cash back into the hands of every small business. And that of course, the virtue of that is that it benefits every small business whereas payroll tax in New South Wales for example is only paid if you have a payroll that is over $623,000 – that’s the current threshold.

So that is one approach. Look we, unlike Mr Rudd, we don’t believe we’ve got all the answers and we certainly don’t believe we’ve got the only answer. So that’s why we want to sit down with him and talk about effective measures. You see what he has offered small business, the only thing he has offered small business in this package is a 30 per cent depreciation, a tax deduction in effect, for equipment purchased this year. But if you’re a small business and you don’t need any new equipment, maybe you’ve got all the equipment you need, or you’re struggling with your own cash flow problem, that actually isn’t much help at all. Whereas if you give a benefit, be it on payroll tax as Reg canvassed, or on the superannuation guarantee levy, and then you benefit every business, every small business, then you’re actually putting cash back into the small business owners’ hands and above all making the cost of employing people less.

Remember, what is this all about? Jobs, jobs, jobs. Every dollar the Government spends, every policy it undertakes has to be about creating jobs and preserving jobs. And this package is not about jobs, indeed one of the Treasury officials said last night, long term it’s not about supporting jobs. Well it should be about supporting jobs and creating jobs short term, medium term and long term. That is our commitment.

QUESTION:

Mr Turnbull what is your view of Treasury saying the Government needs all $200 billion of the money that it’s seeking to borrow?

MALCOLM TURNBULL:

Well running up the expenses they are they will need to borrow $200 billion, but that’s the whole point. They’re spending too much and they’re borrowing to pay for it. What they’re doing is they’re maxing out the credit card. I mean it’s their decision to spend all this money; they are creating the debt by spending this money.

JOE HOCKEY:

Just to add there the Government has committed $66 billion of new expenditure since the last Budget, and given that it took us 10 years in government to pay of $100 billion of debt, how long will it take to pay of $200 billion of debt, let alone the fact that they’re flagging now that they’re going to have even more.

MALCOLM TURNBULL:

Thanks guys.

Video of the above door stop included in this news report