It’s party time

It’s party time

Yes that’s why they are called parties. Life is a party if you are the pied piper of a political party. They are having a great time outdoing each other in showering the masses or is it the press gallery with gifts & snippets. It is the old game of ‘ours is bigger than yours’. They are also having a great time throwing mud at each other.

In fact with a sergeant at arms of a bikie gang on the cover of The Weekend Australian magazine recently there could be some similarities. Maybe these parties could be called gangs. We recall there was a so called ‘gang of four’. Could we have some state legislation to ban these gangs or parties from assembling in greater numbers than one? After all taxx is taken & allocated [wasted] in ways that you probably don’t agree with.


Hence we suggest to the ‘working family’ who needs to ‘move forward’ to read a recent email to us

Hey there John,

Anyways, yes, we have some small actions - I have asked my mother to move out of Mt Ridge, now I am doing a few odd jobs to fix the place up for renting - hopefully ready by end of Aug / Sept.

Am STILL working on my June BAS - naughty naughty - it was due 28/07, but our accountant tells me I have a week or so to get it to her.

We have put the feelers out to sell Tamborine with an agent, so fingers crossed.

Good to hear that Richard and Marilyn are going to catch up with you soon. I do hope you can work your magic with them.

By the way, it must have been a fluke, but the only way I found you, was Googling on the internet for life/income insurance way back when - now look what you are doing for us!!

Must be karma - everything happens for a reason I suppose.

Have a nice day - it's freezing here!
Jackie


We only read of today that Medibank will pay a special dividend of 300m to the government to pay for the government’s election promises. Surely Medibank policy holders would prefer a reduction in the premium of maybe 8% to fund their own requirements. Let’s remember that medical insurance premiums are another taxx as almost compulsory.

There was some good news this week with the RBA arbitrarily deciding the cost of money would be 4.5%. This means to the mortgage holder that they would only pay another 1.9% commission to their bank for their debt. Why is this commission allowed? I.e. the rate for a variable mortgage would be about 7.4%. Why did this decision occur? It is simply that everyone else, be it families or companies have been deleveraging & reducing their debt levels & not spending. We see this in weak retail figures or the low share prices of the Harvey Normans & Woolies. We also see this in the estimated 1.3 Trillion sitting in cash accounts.

Can we hope to see these parties reduce their promises & their spending? We doubt it as it goes back to ‘my ego is bigger than yours’ & we can do ‘better’ & ‘care more’ than you do. It’s called soliciting [for your vote].

On the ‘spend-o-meter’ of Weekend Australia 31/07/10 we see the red party has promised 2.53BILLION & the blue gang has promised 4.1BILLION to allocate from you to others. Ok the blue team indicates they will save 42B by scrapping NBN. The green gang promises a price on carbon, a carbon taxx. There is more nonsense than Alice in Wonderland.

Why did the central bank decide that the cost of money should be the same? It believes there is no inflation or no price increases. Well tell that to the ‘working family’ who would like to ‘move forward’ but is unable to due to the heavy price increases in everything except seasonal vegetables.
Let’s also not forget ‘Bracket creep to hit one million Australian workers' pay packets’. It’s why we spell it taxx.

We suggest that the pied pipers might read ‘Seven steps to getting the country back on track’ from w/e Australian. We accept that there is legitimate country funding requirements.

Welcome to call us on 07 3848 1088 or email us on info@wecoachwealth.com.au or book via our websites www.wecoachwealth.com.au

John McAuliffe