onetrack
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onetrack last won the day on March 25
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I tawt I taw a puddy tat.
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Sorry Nev, your memory is faulty today. It was Paul Keating who sold off the Commonwealth Bank - largely to the other big Australian private banks. QUOTE: The Commonwealth Bank was privatised in stages under the Labor government of Prime Minister Paul Keating. The sell-off process occurred in three tranches: 1991: The Keating government floated the initial 30% of the bank's shares to the public. 1993: The government sold another tranche, reducing its stake to just over 50%. 1996: The remaining government shareholding was fully sold off to investors, completing the privatisation.
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And the ticky-tacky little boxes have come about via property investor greed that has pushed house prices up 700% in 3 decades. That's unsustainable, and is setting the country up for a majpr recession, perhaps even a Depression. House prices go up 3% annually over the long-term, normally. Only in the last 3 decades has this outlandish property pricing occurred - so we need to look at what has driven that - and it's the taxation system generously favouring property investors. So Labor is now trying to address that major imbalance.
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"Two all-beef patties". The first line of the original MacDonalds advertising jingle for their Big Mac. The whole line is, "Two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun". Just makes you wonder what the other choice was, besides an "all beef" pattie? An "All roadkill pattie"? A pattie with only 5% beef and the remainder, all mystery ingredients? I reckon I've eaten a few pies that met the last description.
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Please come to Boston for the Springtime. First line of a Dave Loggins song. Probably not well enough known here.
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Investors buy homes, then keep them empty so they don't have any hassles caused by tenants, nor any decrease in house condition because of tenant wear and tear. There are thousands of empty houses in Australia, all owned by investors who are gloating on the capital increase in value of those homes. Better than money in the bank and all the outgoings are a good old tax deduction. Something has to change, or there will be a revolution - and Labor know it. The other parties think they can keep handing out benefits on a plate to housing investors. And what about the family home being exempt from any taxing at all? Buy a multi-million dollar house, spend more millions making it twice the size (and three times the selling value), stay in it for a year or two, call it your home - sell up and make millions tax-free. There should be a value limit on the family home, and the time living in it needs to be extended. There are dozens of houses around where I live that have all been extended to 7 or 8 bedrooms and 2 stories, and they hold 2-4 people - and the owners are sitting on multi-million dollar capital gains, totally free of virtually any kind of tax. That stinks.
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Well known personalities who have passed away recently (Renamed)
onetrack replied to onetrack's topic in General Discussion
Peter Hollingworth, retired former Anglican archbishop and former Governor General, has passed away, aged 91. Hollingworths later career was dogged by accusations he did nothing to prevent pedophiles from operating within the Anglican Church. He admitted that he was poorly prepared to deal with the problem, and thus did nothing about it. He was personally picked for the G.G. job by John Howard in 2001 - which smacks of a "job for a mate" to me - but Hollingworth resigned from the G.G. position in 2003 as the protests about his lack of dealing with the Anglican Church pedophiles, became louder and louder. He only resigned his Anglican priest status in 2023, officially to "end distress" for Anglican church abuse survivors. https://www.abc.net.au/news/2026-05-19/former-governor-general-peter-hollingworth-dies/106554086 -
There's gunna be a windfarm in my neighbourhood
onetrack replied to old man emu's topic in Science and Technology
So ... OME, did you get that drought-breaking rain? I see where Coonabrabran got 43mm, Dubbo got 30mm, and Nyngan got 50mm, so you must have had a decent downpour, at the very least? -
I am a simple bot, not programmed to answer your seriously disruptive question. I will answer all your questions according to how I'm programmed. That programming is funded and set by parties unknown to me, and is done on purpose to hide their identities and aims. Any further questions today? 😄
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Xi's reference to America as a "declining nation" was a direct slap in the face to Trump - and in his finest form, he managed to twist the statement like a pretzel, with his normal level of astounding BS, about America's economic performance, under his leadership. He claimed Xi was referring to America led by Biden - and stated, that under his Presidency, America was booming, claimed he was responsible for the booming share market, a massive investment in American manufacturing, pension funds making good profits, and a dozen other BS claims, such as a "thriving relationship with Venezuela", "military victories", and a "booming jobs market". His claims are such contorted BS, it's hard to know where to start. 1. The state of the share market has little relevance to any of his decision-making. Share prices go up and down like a yo-yo, and if anything is driving shares higher, it's the amount of money in circulation that America has printed with no asset backing - the so-called "quantitive easing". 2. The "massive investment in American manufacturing", has only come about due to Trumps threats to virtually cease trading with any country that doesn't invest in America. Those decisions are economic decisions by the companies, and can be reversed at a moments notice. There are plenty of "stalled" American manufacturing projects, put on hold due to political and market uncertainty. 3. The pension funds are always looking for good returns and have trillions to invest, and Presidential decisions have little bearing on where or what the pension funds put their money into. Interestingly, a lot of American pension funds have substantial monetary and corporate investments in Australia. 4. His "thriving relationship with Venezuela" is only in his mind, and in his dreams. I seem to recall the last time we had any serious news from on the ground in Venezuela, the locals were waving firearms around, ready to repel any American military force landings. 5. The "military victories" he claims are total fiction. You have a successful military victory when you have gained territory/territories, had opponents sign surrender agreements, or have gained major concessions that amount to a serious loss for the "enemy combatants". No such thing has occurred, and Trump and his buddies are still hip-deep in the Iranian swamp, with the crocodiles ready to bite them on the arse. 6. The "booming jobs market" in the U.S. is a total fabrication. The labour market in the U.S. has flatlined, and is showing signs of heading towards stagflation or recession. The final straws are - A. Trump promised to immediately end the Ukraine War - in 1 day - once re-elected. Nothing has happened as regards the Ukraine War, the Ukrainians fight on steadily. B. Trump promised to "bring down the price of groceries and all consumer items, including fuel" - on "day one" again, of course. The exact opposite has happened, virtually all grocery and living costs in the U.S. have risen under Trumps Presidency. Fuel prices have soared up to 40% above the pricing from Bidens era, aviation fuel costs have soared 70%, resulting in increased air fare costs, beef prices have soared, and inflation is rearing its ugly head again, as increased transport and shipping costs are starting to bite. Trump is the master of perpetual BS, lies and broken promises - a fact not lost on Xi.
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The American economy thrives, and is largely built on, the manufacture of armaments. Even seemingly unrelated industry manufacturers such as Caterpillar and John Deere make huge profits from Military supply contracts. However, the wealth of America is dependent on the American companies selling their armaments and associated industrial production to other countries - thereby getting rich on fighting by other countries. But when that military hardware expenditure is wasted on Americans own war activities - with little gain to show for it - either financial, territorial, or in any other form - then those losses can only weaken the American economy, and lead to huge American wealth destruction.
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No, Govt by AI will be a total failure. It will fail us, just as we need it. Get a look at this, it fails even a basic request 😄 ......
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As did the storepeople - selling picks, spades, panning dishes, pots and pans, tents, boots, hats, flannette shirts, moleskin trousers, bedrolls, pistols, tobacco, and all the stuff that miners need to survive in rugged terrain. Leather pouches for holding gold nuggets were a must, and even small gold scales were in high demand. https://www.teachersuperstore.com.au/assets/wp-content/uploads/2012/08/The-Australian-Gold-Rushes-Daily-Life-in-the-Goldfields-Sample-Pages.pdf?srsltid=AfmBOoognpJMnehL-vguNxLwGH8D-mVtaStuRkHpYIh5fYWxlKe1IS01
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He's a class act, our Willie. He's very selective with his scrap bin exploits. Only the finest bins meet his exacting standards. 😄
