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LNP government.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 2018 at 8:16pm
WTAF goes on behind closed doors with these Liberals?Shocked

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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 2018 at 8:27pm
That sounds like a shocker ..       Hard to believe .    What the stuff do they need big money on the reef for .    Are they increasing their starfish breeding program.











































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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 2018 at 8:41pm
Chocolate starfish by the sound of that maxie Sick
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 2018 at 8:56pm
Originally posted by Passing Through Passing Through wrote:

Chocolate starfish by the sound of that maxie Sick


You know PT ,    I think you develope a first impressions skill as you gain experience & age .
I'm amazed with the percentage of total idiots that are in Politics .    It is actually frightening.
ALL parties and independents.    No1 of course is "Clive " Very sick man,
But Hanson Young , Lambie ,   too many to mention.
   I'm also staggered at the pay packets of some of these people .   Top brass of the energy groups = over a million .    Post Office CEO 2.8 million
& so on .
Unions now putting the value on tradies of near $300000.     Where does it end.











































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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 2018 at 10:02pm
Safe to say, it took some convincing, but the country dodged a bullet when Lucy spat the dummy and Malclom was instructed to jump ship and pull the plug on the way!

The seed doesn't fall far from the tree, either.

Interesting family, a true bunch of self interested cup cakes.

Listen to this American prick, whinging because he is "invested" in renewable energy, how Australians are a bunch of knuckle dragging morons for dumping daddy dearest and not getting out of coal "urgently" as the IPCC has instructed!!! ... so he wants everyone to vote for Bullgelati Bill and The Greens ... oh wait, I just realised, it's the evil spawn of the god forsaken union ... the whole family is invested in renewables ... what a fcuking coincidence!Dead

... and once again, it's all about the ideology of MONEY$$$, it's such a motivator ... did someone mention "insider trading" 


Born Lucky: Stars Align Perfectly for PM’s Son with Mammoth Bet on Wind Power Outfit Infigen

Life is a lottery. And lottery winners are a mixed bag.

Sometimes it’s that battler from Bundaberg who scoops the jackpot, immediately pays off the mortgages of his mates and buys five identical V8 Holden Commodores.

On other occasions, the lottery was won at birth. Sometimes the advantage of parentage is immediate and other times chance and serendipity combine with ancestry to provide windfall opportunities that would ordinarily be deprived to others.

There is, of course, nothing insidious about parents seeking to smooth the path for their offspring. Indeed, that’s part of every parent’s obligation.

Insofar as life is a gamble, so is investing in the great wind power fraud.

Take Babcock & Brown which, having disintegrated in 2009, became Infigen.

As an investment ‘prospect’, the Infigen story has been all about bleeding cash.

It backed up a $55 million loss in 2011/12 with an $80 million loss in 2012/13 and kept losing money: booking a $9 million loss in 2013/14; and racked up a whopping $304 million loss in 2014/15.

In an effort to spin away its losses in 2013/14, Infigen pointed to …. wait for it … the wind – as the reason for a massive drop in revenues (as pitched to wind worshippers, ruin-economy).

In the mother of all ironies, Infigen tried to brush off its monumental $304 million loss for 2014/15 by blaming “particularly poor wind conditions” (the pitch again appearing on the pages of that august journal, ruin-economy).

During its first incarnation as Babcock and Brown, these boys fleeced investors and creditors to the tune of something like $10 billion (while its directors pocketed – and somehow managed to retain – 10s of $millions at creditors’ and investors’ expense).

Having spectacularly crashed and burned, Babcock and Brown then shamelessly phoenixed into Infigen. In 2015 it was all set to do it all over again: its losses continued to pile up, it continued to bleed cash, its share price continued to head in a general Southerly direction and its mountain of debt looked insurmountable (see our posts here and here).

Infigenshares

In a last ditch attempt to forestall its brewing Babcock and Brown reprise, Infigen put its US wind farms on the block back in January 2015, hoping to scoop up $500 million for the lot, as reported by Reuters:

Australian wind farm operator Infigen Energy Ltd is exploring the sale of 18 U.S. wind farms, worth about A$500 million ($409 million), so they escape impact from the uncertain future of Australian state rebates for renewable energy firms.

But, as with everything Infigen plugs, its stated aims look more like ‘dreams’, which – as every one in creditor and investor land knows – don’t often translate into satisfied debts or realised profits. Instead of bagging $500 million, it managed to pocket a little over half that.

Now, with that track record it would be a very bold punter indeed who would throw their own, or even someone else’s, money at Infigen.

Defying the odds, the Prime Minister’s son, Alex Turnbull did just that.

And his timing was impeccable, if not uncanny.

https://stopthesethings.com/2017/03/13/born-lucky-stars-align-perfectly-for-pms-son-with-mammoth-bet-on-wind-power-outfit-infigen/

In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 2018 at 10:46pm
Was anyone else aware of this? ... funny that the arrogant entitled prig managed to shine the spotlight on himself in the way he did!

Good read this one ...

So what was it that attracted Alex Turnbull to Infigen?

Certainly couldn’t have been their balance sheet or cash flow. Running a fleet of clapped-out Suzlon S88s, which are close to the end of their useful economic life, losing $304 million in a single year, blaming its ‘performance’ on a lack of beneficial breezes, burdened with a staggering pile of debt and watching its senior management run to the hills would ordinarily spook any sensible investor.

But not Alex Turnbull.

As outfits like Infigen exist and only exist as a result of government mandates and subsidies, anyone backing them would need to be reading the political tea leaves with a particularly keen eye.

Of course, politics moves fast and the creation and removal of policies that favour rorts like wind power subsidies are very hard to forecast in advance.

On that score, Alex ‘Lucky’ Turnbull must’ve simply read it better than most.

With Infigen’s shares tanking to around $0.20 in 2014 and trading at that level through most of 2015, in the latter part of that year – through his hedge fund, Keshik Capital – Alex began pouring money into an outfit that had been losing it faster than a drunk in a casino.

And, wouldn’t you know it, the political tea leaves aligned, as if by magic.

On 22 April 2016, Alex’s dad, Australia’s PM, Malcolm Turnbull sent his then Environment Minister, young Gregory Hunt off to Paris to sign the climate change agreement. This from daddy’s website:

Australia signs Paris Agreement on climate change

23rd April 2016

Today Australia joined over 150 countries in signing the Paris Agreement, securing a global agreement to combat climate change.

Minister Hunt signed the Paris Agreement in New York. We will begin our process to ratify the Agreement immediately, and will seek to ratify this year.

The Paris Agreement is a turning point in the transition to a lower emissions global economy. The Agreement provides for five yearly reviews of national targets, underpinned by a rules based system that will assess whether countries are meeting their commitments.

Australia is playing its part to tackle climate change with effective policies to cut emissions by 26 to 28 per cent below 2005 levels by 2030.

Australia is a partner to the Mission Innovation initiative and will double investment in clean energy research and development over the next five years.

The Turnbull Government’s new $1 billion Clean Energy Innovation Fund will support emerging technologies to make the leap from demonstration to deployment.

We are working with a broad range of partners through our $1 billion climate finance commitment, the Asia-Pacific Rainforest Partnership, our International Partnership for Blue Carbon and the Montreal Protocol.

The latest estimate from the Department of the Environment confirms that Australia is on track to beat our 2020 target by 78 million tonnes of emissions. This is a 50 million tonne improvement on the last estimate in December last year.

The Turnbull Government is also today announcing a further $11 million investment in new projects to improve the health and resilience of the Great Barrier Reef, which will help the Reef to withstand pressures such as the El Niño exacerbated high sea surface temperatures that are causing the current coral bleaching event.

Malcolm Turnbull
Federal Member for Wentworth
Prime Minister of Australia

No doubt, Alex Turnbull’s mammoth Infigen punt was just a series of very lucky coincidences.

Signing the Paris agreement might have sent Infigen’s struggling share price into orbit, but it did not alter its fundamental debt position and weather-dependent cash flow. Infigen’s management was still desperate to dump the company.

more ....

https://stopthesethings.com/2017/03/13/born-lucky-stars-align-perfectly-for-pms-son-with-mammoth-bet-on-wind-power-outfit-infigen/

In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 10:05am
Originally posted by Dr E Dr E wrote:

Safe to say, it took some convincing, but the country dodged a bullet when Lucy spat the dummy and Malclom was instructed to jump ship and pull the plug on the way!

The seed doesn't fall far from the tree, either.

Interesting family, a true bunch of self interested cup cakes.

Listen to this American prick, whinging because he is "invested" in renewable energy, how Australians are a bunch of knuckle dragging morons for dumping daddy dearest and not getting out of coal "urgently" as the IPCC has instructed!!! ... so he wants everyone to vote for Bullgelati Bill and The Greens ... oh wait, I just realised, it's the evil spawn of the god forsaken union ... the whole family is invested in renewables ... what a fcuking coincidence!Dead

... and once again, it's all about the ideology of MONEY$$$, it's such a motivator ... did someone mention "insider trading" 


Born Lucky: Stars Align Perfectly for PM’s Son with Mammoth Bet on Wind Power Outfit Infigen

Life is a lottery. And lottery winners are a mixed bag.

Sometimes it’s that battler from Bundaberg who scoops the jackpot, immediately pays off the mortgages of his mates and buys five identical V8 Holden Commodores.

On other occasions, the lottery was won at birth. Sometimes the advantage of parentage is immediate and other times chance and serendipity combine with ancestry to provide windfall opportunities that would ordinarily be deprived to others.

There is, of course, nothing insidious about parents seeking to smooth the path for their offspring. Indeed, that’s part of every parent’s obligation.

Insofar as life is a gamble, so is investing in the great wind power fraud.

Take Babcock & Brown which, having disintegrated in 2009, became Infigen.

As an investment ‘prospect’, the Infigen story has been all about bleeding cash.

It backed up a $55 million loss in 2011/12 with an $80 million loss in 2012/13 and kept losing money: booking a $9 million loss in 2013/14; and racked up a whopping $304 million loss in 2014/15.

In an effort to spin away its losses in 2013/14, Infigen pointed to …. wait for it … the wind – as the reason for a massive drop in revenues (as pitched to wind worshippers, ruin-economy).

In the mother of all ironies, Infigen tried to brush off its monumental $304 million loss for 2014/15 by blaming “particularly poor wind conditions” (the pitch again appearing on the pages of that august journal, ruin-economy).

During its first incarnation as Babcock and Brown, these boys fleeced investors and creditors to the tune of something like $10 billion (while its directors pocketed – and somehow managed to retain – 10s of $millions at creditors’ and investors’ expense).

Having spectacularly crashed and burned, Babcock and Brown then shamelessly phoenixed into Infigen. In 2015 it was all set to do it all over again: its losses continued to pile up, it continued to bleed cash, its share price continued to head in a general Southerly direction and its mountain of debt looked insurmountable (see our posts here and here).

Infigenshares

In a last ditch attempt to forestall its brewing Babcock and Brown reprise, Infigen put its US wind farms on the block back in January 2015, hoping to scoop up $500 million for the lot, as reported by Reuters:

Australian wind farm operator Infigen Energy Ltd is exploring the sale of 18 U.S. wind farms, worth about A$500 million ($409 million), so they escape impact from the uncertain future of Australian state rebates for renewable energy firms.

But, as with everything Infigen plugs, its stated aims look more like ‘dreams’, which – as every one in creditor and investor land knows – don’t often translate into satisfied debts or realised profits. Instead of bagging $500 million, it managed to pocket a little over half that.

Now, with that track record it would be a very bold punter indeed who would throw their own, or even someone else’s, money at Infigen.

Defying the odds, the Prime Minister’s son, Alex Turnbull did just that.

And his timing was impeccable, if not uncanny.

https://stopthesethings.com/2017/03/13/born-lucky-stars-align-perfectly-for-pms-son-with-mammoth-bet-on-wind-power-outfit-infigen/



So much misinformation in that.LOL
"Even the things that I believe in the most, I doubt.”
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 11:39am
Are you suggesting that Liberals are corrupt Doc?

Are you also aware that bears sh*t in the woods?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 12:19pm
No Liberals were mentioned in my posts CNNPT, just Turnbulls ... they are all "progressive" ALP/Greens Climate Alarmists, voting with their cheque books! Dead
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 12:21pm
What's up Tlaz - you don't believe Alex's own words? ... probably a safe choice, based on breeding!Ermm
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 12:23pm
Morrison has come up with another great policy, after brainstorming ideas with Pauline Hanson and 50 drunks in a Brisbane pub- dole bludgers forced to pick fruit. Now can you pick any holes in that policy, Einstein?
"Even the things that I believe in the most, I doubt.”
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 12:26pm
Clap... ScoMo is a genius ... lets hear Bullgelati Bill argue against THAT! ... if he is allowed in front of a camera again before the next election that is ...
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 12:31pm
Originally posted by Tlazolteotl Tlazolteotl wrote:

Morrison has come up with another great policy, after brainstorming ideas with Pauline Hanson and 50 drunks in a Brisbane pub- dole bludgers forced to pick fruit. Now can you pick any holes in that policy, Einstein?

Another sad brainfart of an idea almost expired from old age having a defibrillator applied to drag out and rile up the RWNJs one more time.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 12:59pm
Guaranteed vote winner, sure beats MediScare!Wink
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 1:01pm
Whatever happened to Tones Green Army to get the bludgers off the dole? 
That was a cracker of an idea.Stern Smile
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 2:01pm
The Libs will never get the Green vote, waste of time.
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 5:17pm
My Crystal ball has the LNP winning Wentworth in a landslide.

    Kick in the head for the Turnbull RATS if that happens .

Conflict of interest in the renewable scene should have them talking to a magistrate .
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 5:22pm
Lib Sharma is $1.33
Dr Phelps         $3.55
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tlazolteotl Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 5:28pm
Originally posted by Passing Through Passing Through wrote:

Lib Sharma is $1.33
Dr Phelps         $3.55


The Greens have ensured a Lib win in Wentworth, unless they pull their head out of their arse next week and smell the roses.
"Even the things that I believe in the most, I doubt.”
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 5:33pm
According to some, it is closer to 50/50 on internal polling by Libs. Preferencing strategy is apparently a dogs breakfast. Thought is that if Phelps gets into second above Labor she can win. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 13 Oct 2018 at 11:14pm
Just what we need in Politics ...   More feathery legs .

The weeks big news is a Magistrate decided that going to a prostitute and not paying , constitutes Rape .   He ordered the guilty man to pay 2 pro's $350 each and fined him $1500 .
Now I ask you .       $350 for a roll in the hay . That's inflation like I've never seen.
$350 would buy the building in 1950.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 8:12am
Well maxie, you need to tangibly support CoalMo, and that means on your knees and praying. Special services are being held at Hillsong and a virgin is being sacrificed(if they can find one) You too will be talking in tongues soon maxie.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 11:50am
Deary me, is this out of touch idiot serious? Apparently knifing your second PM in 3 years with no explanation why, forcing this by election isn't the cause of instability, electing anyone but the status quo continuation of the same chaos Liberal candidate is the problem.

A Liberal loss would cause instability, says PM

But Mr Morrison claimed a Liberal Party loss in next weekend's Wentworth by-election would cause "unnecessary instability" because his party would no longer hold the majority of federal seats.

http://www.abc.net.au/news/2018-10-13/liberals-fall-behind-in-wentworth-by-election-poll/10373508

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Whale Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 12:11pm
Well he is an advertising man, all spin, no substance 
     LET PEACE REIGN
What does that mean ?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 12:28pm
Who started the Knifing.   >>>    Malcolm got payback and may God Bless whoever arranged it . ...     We didn't need a dog in our chicken run.

   The LNP can still win the next election ...   WE only need the population to switch their brains on .
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 12:39pm
Dont think the chaos or the Lib. clusterf*ckery is over yet maxie.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 1:18pm
Originally posted by Passing Through Passing Through wrote:

Dont think the chaos or the Lib. clusterf*ckery is over yet maxie.


The war will intensify.          . I don't see many who supported Turnbull .        >>>     These areas like Wentworth are the rich invaders early times in OZ and they think the basic wage is $200,000 and All of the Country is just like Wentworth.

    I described the Originals of Sydney -Melbourne as being like a tube of tooth paste ..      getting squeezed out. & out & out .

    North of Sydney will soon be a Suburb of Darwin.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Passing Through Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 1:26pm
The problem is not Turnbull or who supported him, but that Morrison through his own treachery stole the PMship from Dutton/Abbott. The one they were trying to cheat Turnbull out of through lies and deception, Morrison outsmarted them playing everyone. No honor among entitled Liberal thieves maxie.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maccamax Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 6:46pm
TURNBULL out at any cost .       The Stick Insect muzzled,

Who became PM after that didn't matter.

It was akin to getting the fleas off your dog.

Morrison is shaping up very well I feel.     Can put a sentence together and has the power of prayer .        Been pizzing down rain here since he
Heil Maried the Rain Gods.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr E Quote  Post ReplyReply Direct Link To This Post Posted: 14 Oct 2018 at 8:03pm
Don't expect his ABC and his other left wing FAKE NEWS media sycophants to dump on the foul smelling Turnbull name macca. 

They wouldn't know how to muddle together a headline without "Lucy and the Leakers" spoon feeding them!

Wentworth is a weird Electorate ... a bit of everything really, just too many Jews and not enough Muslims for the ALP to actually bother funding a candidate there ... that's right, they have put NO money into their own candidate, but they have an ALP guy running Dr Phelps' "independant" campaign, with the assistance of GetUp ... no wonder the Greens are pissed off!!! 

... i hope they remember what T-shirts to wear on polling day, and who's actually paying the "volunteers"! Embarrassed

If the media coverage of the Turnbull "Insider Trading" in renewables was fair dinkum, they would be up on charges. It seems to have had some effect though, based on those advertised odds.

When are the next round of polls due? 
In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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