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07

It was very interesting to hear Finance Minister Tanner speak of the professionalism and competence of his Labor Finance team so I thought I would deliver him some quotes, just from today, on the well informed opinion of others as to how Labor is going in just one area, The Henry Tax Review.

 

DAVID KNOX, CEO, SANTOS: We need stability if we're to make these massive decisions. We need to have the confidence that the fiscal environment is going to remain stable and I can certainly tell you our partner Petronas, they will be watching this very hard.

IVOR RIES, RESEARCH DIRECTOR, EL&C BAILLIEU: It's very unnerving for the market. You know, a lot of companies out there are trying to make plans for the next five years and ten years and not knowing where the tax laws are going to be.

MARTIN LAVERTY, CEO, CATHOLIC HEALTH: At a planning level for our businesses we're looking at how we might fund $200 million across our organisation just to keep services operating as they are today.

IVOR RIES : Oh we'd all go to jail, yeah yeah. If I’d spread the sort of rumour and speculation about a listed public company, I’d certainly be investigated by ASIC and find myself in the clink somewhere.

IVOR RIES: Obviously they want to get all the bad stuff out in the open early to kind of defuse its impact when the report comes out, I understand that, that's just natural political behaviour. But I think they are ignoring all the damage it's doing to the economy.


SIMON BENNISON, CEO, ASSOC. MINING & EXPLORATION COMPANIES: Those potential investors, particularly those off-shore, will look at the whole political as well as the economic environment and they will make their decision based on certainty as well as uncertainty.

MARTIN LAVERTY: We don't want to see our employees have to face a $2000 pay cut or, alternatively, us as the employer have to fund that $2000 pay cut across our 40,000 employees. For us it would simply mean business unviability.


Well it appears that the massive debt is causing other Labor inspired problems in the economy. As Minister Tanner and his colleagues look for money to pay for their profligacy the problems for all of us are crystallising. Australia is arriving at the new Labor world of higher taxes, less services and uncontrollable debt.
 
Mr Tanner, instead of worrying about gross comments on bearded ladies and freak shows you should stop the unrestrained topple into gross debt and try a little more professionalism on how you deliver key economic policy.

 

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Comments

# IDKentish
Monday, February 08, 2010 7:24 AM
Thanks Barnaby this stuff is not reported in the Left dominated Press .
# Lorikeet
Monday, February 08, 2010 5:13 PM
Well, I thought Kevin Rudd was looking and sounding very worried on a political program on Sunday.

Lord Monckton has toured the country decrying Labor's latest attempt to empower corporations with his massive carbon tax.

Now Kevin 07 has a the equivalent of a 12 egg omelette dripping down his chin.
# AH
Tuesday, February 09, 2010 9:38 PM
Barnaby, you are a legend. I hope you don't let up! But don't go too hard too soon, we need you to stick it out for the long term.
# Geoff Croker
Wednesday, February 10, 2010 7:14 AM
The bank guarantee opens up the BIG debt from Oz, now approaching $1T (net). Australia is top of the debt parade. The Yellow Brick Road to Oz flows from our bankers ability to borrow offshore. Our only means of not eventually being declared broke by the IMF was the fact that it was nearly all private debt. What were they going to do, foreclose on tens of thousands of private entities?

The government was safe. It could let private entities go broke. Rudd has now made the government liable. The banks now know they will be backed by the tax payer. The carry trade is rising. The US has the pedal to the floor on the printing presses. The PIIGS tragedy means the Euro must now join in for the final BIG print run.

Barnaby your delivery needs polishing. You open yourself up to every taxpayer financed leach who feels threatened by your every comment. The delivery may be poor but the message is not. Governments should not run deficits. The printing press is the sure way to oblivion. Good government should be able to save enough over decades to have funds for bad times. If a government cannot afford something, it should not do it. If a government spends too much it must increase taxation, sell assets and cut services.
# ian Kentish
Wednesday, February 10, 2010 9:13 AM
I think it's time to approach the Governor , Officially warn her of the uncontrolled status of fiscal accountability , Ruddability seems to have gotton lost outside the square ; we may find we won't have a Buck left to get stopped by Kevvie .
I watched Lindsay scowling about you , I don't know what he said ; I was concentrating on his complexion is it about a vitamin deficit , Leukemia or just terrible "FEAR" !

We don't want borrowings to have Stimulus Doctrine applied .
# Gerry Lamb
Wednesday, February 10, 2010 9:33 AM
Barnaby,

Thank you for this. From now on I think I will get your opinion, comments and information directly from your website.

That will at least give me an unfiltered view of what you are saying and will filter out the rubbish and spin from the ALP and Mainstream Media that are trying to defame and smear you.

Keep up the good work and you have my support.

Regards,
Gerry Lamb

PS - If you see Malcolm Turnbull in the corridor, give that child a good clip behind the ear for me.
# shannon
Wednesday, February 10, 2010 9:51 AM
Hi Barnaby,
Just read the lastest attack on you via MSN....they are now "in the trenches and fighting dirty" to say the least.
Desperation to divert attention away from their total mismanagement of this country...then again the Labor Party never did have any morals or management skills.
Just look at the candidates they select for future politicians...
What the hell would "gig members, TV presentators, union delegates by the dozen ..or the "hippy alliance",(they only count the other leaves).. know about running a county's budget.
We all know it's about "popular image" and the embedded doctrine that the Labor party actually "look after the workers"...what crap!
Everytime they are in power...the average worker pays...with their jobs or financially.
You'd think Aussies would wake up..??..
Hang in there Barnaby....we are still with you.



# Gerry Lamb
Wednesday, February 10, 2010 11:48 AM
Barnaby,

Thank you for this. From now on I think I will get your opinion, comments and information directly from your website.

That will at least give me an unfiltered view of what you are saying and will filter out the rubbish and spin from the ALP and Mainstream Media that are trying to defame and smear you.

Keep up the good work and you have my support.

Regards,
Gerry Lamb

PS - If you see Malcolm Turnbull in the corridor, give that child a good clip behind the ear for me.
# Liberal Independent
Wednesday, February 10, 2010 6:59 PM
Dear Barnaby,

Admirable your recent conduct, for any man, especially a politician!

A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.


Thomas Jefferson

# Liberal Independent
Wednesday, February 10, 2010 7:00 PM
Dear Barnaby,

Admirable your recent conduct, for any man, especially a politician!

A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.


Thomas Jefferson

# Thomas Cooper
Thursday, February 11, 2010 7:07 PM
Every time you are bailed up by the media outside Parliament just quote the current interest payment figure. Every time so everyone will know how much it is going up monthly. Tanner will not like this figure to be mentioned constantly.
# Lorikeet
Friday, February 12, 2010 4:59 PM
Yes, let us please have an emphasis placed on the high level of foreign debt, and an ingenious plan in place for its reduction.

Let us please also break free of the international Agreements and Declarations signed by former unpatriotic Prime Ministers to sell out our own country, in order to empower others.

Then when we are back on the right track and have quite a few surplus billions to spare, let us turn our attention to foreign aid.

In the meantime, please let us NOT be abused by advocates of third world nations, who angrily demand $17 billion per annum from our government, as if foreign debt is somehow owed to them.
# EX!!!!!!Labor
Sunday, February 14, 2010 11:58 AM
I would like to formally apologise to the people of the KEVIN07 generation for the hardship you will have to endure.
# Ivan
Sunday, February 14, 2010 1:30 PM
Thank you for your persistence on the Australian financial position
Ordinary Australians need to know in simple terms and we need to be told over and over by the newspaper writers who are starting to listen:
How much or our taxes is going overseas, to which countries and for what purpose
There must be heaps of waste of money if our hospitals are denied refurbishment (Hornsby) and we cannot get enough doctors and nurses
(try to sign on as a new patient in many surgeries an the NSW Central Coast)
I know this is a State issue but Kevin 07 promised to fix it.
Ivan
Monday, February 15, 2010 1:00 PM
When the Global Warming and Global Financial Crises excuses run out here are some more excuses for the Rudd & Qld. governments :

"Don't let anybody tell you that they had no idea. Everybody sensed there was something horribly wrong with the system."

"The whole conspiracy idea is cockeyed. We had orders to obey the head of state. We weren't a band of criminals meeting in the woods in the dead of night"

"First of all, I had no idea at all about 90 per cent of the accusations in it. The crimes are horrible beyond belief, if they are true. "

"I have only done my duty as an intelligence organ, and I refuse to serve as an ersatz for Himmler."

"He gave us the orders. He kept saying that it was all his responsibility."

"I was given this assignment which I could not refuse"

All the authors of the above were hung at the Nuremberg Nazi War Crimes Tribunal in 1946, but hey Rudd & Co. will use any excuse available.
# Jason BRooks
Tuesday, February 16, 2010 8:36 AM
you are on the right track barnaby.

we definitely do not want to sell the cow to the Chinese. we are happy to sell the milk instead.

China is historically a political unstable county. we do not want the Chinese state in our affairs. no matter their friendly rhetoric. their interest appears benign now but in the fullness of time that may change and it will be too late.

Keep up the good work. you have a lot support out there.
# Lorikeet
Tuesday, February 16, 2010 4:39 PM
Jason Brooks:

China's interest in Australia is certainly not even slightly benign. It is already growing to the size of a rampant cancer.

You must have heard Rudd say that he wants an Asia/Pacific Economic Union by 2020.

Barnaby and people from other small parties have only 10 years to stop Australia from becoming a Member State of the Chinawealth of Nations. I'm sure the Ruddster thinks he's going to become our World Sector Leader in a Global Corporate Communist government.

Does that sound benign to you?

We already have thousand upon thousand of Asian migrants and visa holders being brought here to drive wages down.

In the 2008/2009 financial year, the government brought in 158,000 permanent residents. Nearly 70,000 came here from Asian countries, and that's not counting the visa holders, most of whom probably hope to stay.

To show you how great this nation is becoming, in the same period, 88,000 Australians GOT OUT OF THE COUNTRY.

Hell, even a tough lady like Pauline Hanson is selling up her property and moving to the UK!

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