WHIP ME GOOD

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Jennifer Frances Armstrong shared Wayne Swan's photo.

9 minutes ago · 

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  Hockey’s irresponsibility has reached new heights. Treasury documents prove he is deliberately blowing out deficit and debt to score political points – unnecessarily giving the RBA a capital injection, against the advice of Treasury. Here is the clear advice: ''Institutionally, there have been no recent precedents for the Commonwealth to provide the RBA with a capital injection. To do so could create the perception that the RBA's viability and capacity to conduct monetary policy was beholden to the government and risk undermining the credibility of the RBA as an operationally independent institution.'' Mr Hockey has spent $9 billion for political purposes when a capital injection of that size was neither desirable or requested. http://m.smh.com.au/federal-politics/political-news/swan-took-treasury-advice-not-to-shore-up-rba-fund-20131025-2w7d8.html

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  • Margaret Pereira likes this.
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    Margaret Pereira We should all our good living conditions while we still can, because soon we'll be on $8 an hour - just like so many Americans are - and the distribution of wealth will be more skewed than ever.

    4 minutes ago · Like
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    Jennifer Frances Armstrong he wants to bankrupt the economy for political reasons and introduce austerity to control the masses

    4 minutes ago · Like · 1
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    Margaret Pereira Yes, I think that is the objective. He's just a puppet, but he's happy to do whatever it takes.

    3 minutes ago · Like
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    Jennifer Frances Armstrong well, what can I say? The masses gave him a mandate to use the WHIP HAND, as the LNP went to the elections without any policies other than tightening things up