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  1. G

    Rudd's $42 billion 'nation building' plan

    Well the experts in Australia were prudent enough to give adequate regulation to ensure the same problems in other parts of the world didn't happen here. As for Iraq thats entirely irrelevant - that kind of logic (that experts got it wrong and hence will do it again) is the sort of crap that...
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    who Actually likes english?

    Im male and like good english. I liked maths as well. I could appreciate the beauty in both. I hated studying crap stuff (eg the Skull Beneath the Skin) but I think everyone gets to a stage where you can appreciate the greatness of Shakespeare for example.
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    Rudd's $42 billion 'nation building' plan

    The reason I say it would be ridiculous to go into that much debt is that I don't think we will need to. The rest of the world (particularly europe and USA) are in it deep because they don't have functioning financial systems. Until that is fixed nothing else matters. In Australia we just have...
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    who Actually likes english?

    Depends what texts your doing. In my HSC year I was doing texts I quite liked.
  5. G

    Rudd's $42 billion 'nation building' plan

    I wasn't suggesting that in any way... at all... ever. I completely agree that doing that would be ubsurd.
  6. G

    Combined Law Transferees 2009 Thread

    Thanks guys. I was just curious - Im sure I wont have a problem. And Litany that information was sent to me from the law faculty on getting my UAI which wasn't quite 99.4.
  7. G

    Australian Politics

    touche
  8. G

    Rudd's $42 billion 'nation building' plan

    Well most other western countries currently have debt levels of around 45% of GDP which is still (the market believes anyway) sustainable. Thats what I mean by 10x as big - our GDP is a little more than 1 trillion so a package of 450bn would put us on par with the rest of the western world's...
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    Rudd's $42 billion 'nation building' plan

    Anecdotally you may find people saving etc. Paying back a mortgage makes a consumer more able to spend anyway so its still working. But on the whole economists take account of the marginal propenisty to consume (how much of every extra dollar given will be spent immediately) in delivering these...
  10. G

    Rudd's $42 billion 'nation building' plan

    When it becomes unserviceable - ie you have to borrow more to pay off debts which leads to more debt thus leaving you in a debt spiral which for a nation means the collapse of the exchange rate and therefor hyper inflation and mass unemployment - see Zimbabwe. We are not even remotely close to...
  11. G

    Rudd's $42 billion 'nation building' plan

    Perhaps the money could have been better directed but the money would have to have been spent anyway - ie no matter what we would have to have gone into debt. Debt isn't so bad as long as it can be serviced - and this will be done quite easily once the economy picks up again. And I can...
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    Australian Politics

    Entirely fair point. He is certainly a control freak and would probably be better off if he delegated more like Hawke did than trying to do everything himself.
  13. G

    Australian Politics

    Im not sure what your trying to say. My point was that regardless of what you or anyone thinks of their policies, both Howard and Rudd, are very very talented politicians.
  14. G

    How much do ranks matter?

    Thats not quite right. In ext2 Maths I got an assesment of 84 even though the lowest mark in my class was 87 in the exam. Also a girl at my school topped the state in PE despite being ranked 2nd at the school. How far you are apart makes a difference in determining the moderated assesment mark.
  15. G

    Australian Politics

    Hes not gay - just South Australian. But its a very easy mistake to make. BTW they were the names he brought up.
  16. G

    Nick Xenophon

    He has been elected for 6 years (like all senators) and hence won't be up for reelection unless there is a double dissolution until 2013.
  17. G

    Australian Politics

    So by that logic what makes you sure that Pyne, Bishop and Abbot can't do it?
  18. G

    Australian Politics

    He's now Prime Minister having knocked off one of the most skilled politicians Australia has ever seen.
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