Printable View
Why is that?Quote:
Originally Posted by Outback 1
And what are Labor going to do to prevent it?
Tha banks are already talking about putting interest rates up again whether the Reserve Bank does or not, because of the credit crash in the US. And that has nothing at all to do with our government.
Thankyou.Quote:
Originally Posted by Outback 1
You have just proved my point about the mentality of the Labor faithfull.
Many here talk about the 17% interest rates of the past - you clearly remember this time. Who wouldn't - paying a mortgage. And many of you clearly brand the Labor party as some kind of evil that brought this upon us. But why don't many (any) of you remember the actual reason for this figure???
Interest rates were artificially capped by government policy - Labor removed these controls to bring the Australian economy into the modern era. Prior to this time - if a deregulated market had existed, we would have had higher (than 17%) interest rates - and that was during a coalition government - so please - let us get this debate into perspective. Fiscal policy madness - Union boogy men - come on - give it a rest. I for one am very happy today - Australia has a decent future ahead of her.:)
Frenchie,Quote:
Originally Posted by Frenchie
You are wasting your time. :(
They don't understand and nor do they care, sad really.
It would be like asking the idiots, who beat up the two boys handing out Liberal Leaflets, why?
come on - give it a rest. I for one am very happy today - Australia has a decent future ahead of her.
__________________
Brute force and ignorance - it is the key.
Another one!
Note the bottom line...
British car nutter: - I could say the same about you!:wasntme:
It might have something to do with the best scare campaign ever dreamed up, and that the latte sipping fools never actually go bush, just follow the ideal not the reality.......bit like religion really :mad:Quote:
Originally Posted by PeterM
My biggest concern is what concessions the Government will have to give the Greens to pass anything through the senate, at least the Democrats let the elected government rule, I hope I'm wrong but I cant see the greens doing that.
I am not an economist but it seems pretty clear that the public have more control over interest rates and house prices than the government. We just spend too much and borrow too much.
We the public have just gone stupid and then we blame the government.
People didn't blame the government when the dot.com bubble burst, everyone accepted it as an inevitable market correction due to foolish investment levels. The same should apply to any housing market crash.
To project the actions of Hawke/Keating onto every future labor reign is churlish. Rudd has inherited a much better economy than Hawke/Keating and will not need to take the drastic action they did.
and i thought the stars thread had a high bull dust ratio
some of the card waving political animals in here really need to have a little stop and think as some of the drivel had reached jibberish proportions..
might lock this and make it sticky till this time next year and you can all join in "the annual nowember aulro drivelfest" once again
butttt it has been amusing...
Couldn't agree more Inc, but it seems to have extended to a new thread now.:eek:Quote:
Originally Posted by incisor