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Article #275Re: Libs to block the super tax, market slide halted after news breaks about this
From: Petzl
Date: Wed, 05 May 2010 13:45
Date: Wed, 05 May 2010 13:45
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3244 bytes
On Wed, 05 May 2010 13:19:21 GMT, "HD" <herpem@bigpond.com> wrote: >>>>>So how much have they got invested to lose $100.000? >>>>>Sounds like your typical struggling young Australian Family. >>>> >>>> Yep losing their home and job >>> >>>If they have lost $100.000 plus because the shares have come down, >>>they musthave invested millons. >>> >> Aside from this "Superprofit tax" (which no one knows what determines >> what this is?) which starts knocking over other dominoes, like >> superannuation investment, Jobs mines are now closing, there has also >> been a fast interest rate hike and still climbing. > >Interest rates have nothing to do with it. Not what http://goo.gl/6sBw say >Mines will not close exept maybe one or two who will be taken over by >others. Mines shares are already going up again. >The simple fact is that mining companies scream blue murder and make all >kinds of threads. It is still a profitable business and will continue. Of >course, Mining companies have promised Abbott a lot of money for the >election campaign. He is in the pockets of the super rich. > The collapse of their share price means investors don't agree >> This "Superprofit tax" just sets up the sale of Australian mines to >> China by our Peking Commo Prime Minister (or you think I'm wrong) >Of course you are wrong. Rudd is so far on the right he is not even a >socialist. >As for the sale of Australian mines, why would the Chinese want to buy them >if they are so bad that they don't make a profit? Can't you see the >inconsistencies of all the silly talk? > Not what the media report http://goo.gl/LkU5 (if a company is owned outside of Australia no tax is paid here) Although prices have gone up so have costs to grow. This now *proposed* tax is already coming unstuck and don't look like geting through and will be another back flip http://goo.gl/Rwep Petzl -- "Until now the Whitlam government has been the gold standard for incompetence in Australia. We finally have a prime minister that has managed to out-Gough Gough."
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X-Google-Thread: 9e5a772d74,adc665e167c6337a X-Google-Attributes: gid9e5a772d74,public,usenet X-Google-NewGroupId: yes X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news2.google.com!news1.google.com!goblin2!goblin3!goblin.stu.neva.ru!bolzen.all.de!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: Petzl <petzlx@gmail.com> Newsgroups: wa.general,aus.general,aus.politics Subject: Re: Libs to block the super tax, market slide halted after news breaks about this Date: Wed, 05 May 2010 23:45:55 +1000 Lines: 47 Message-ID: <d1t2u51nvmuhd5p4gjp6s2euc31ngs4rsh@4ax.com> References: <4be143da.5143602@news-server.bigpond.net.au> <uTbEn.23119$pv.19457@news-server.bigpond.net.au> <v5p2u5186hpq0rednl7absk0s2s9l9u8u6@4ax.com> <cKdEn.23146$pv.20844@news-server.bigpond.net.au> <tjq2u5d04klqgrlr7o7khuc4i2b3m6fhr5@4ax.com> <tfeEn.23149$pv.22264@news-server.bigpond.net.au> Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-Trace: individual.net b709saxrL4Dp40OucItQoQNPUjUCtHEvJTl0KrNn1EQ3SWUJbV Cancel-Lock: sha1:smzulCzSyhhXBOYJJA49paZ7NsA= X-Newsreader: Forte Agent 6.00/32.1186