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Defaulting banks - where will it stop?
Quote:Over here in the land of floods and fires we have an obnoxious Sydney radio broadcaster called Alan Jones who is trying to pin the blame on the public and their "reckless credit binge". He seems to be in favor of bank bailouts but rails against handouts to the (<$100K p.a.) public.

It wasn't even a hand out to the public. It was a hand out to the retail sector. The idea was that with all the loot handed out just before Christmas it would all end up in the shops. Looking at the figure Rudd read out in parliament to day that's just what happened. All the cheap mortages and the first home owners grant and rent assasstance for social security beneficiaries all that is for the real estate and property development and construction industry. If the government were interested in housing people they would have public housing.
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
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Messages In This Thread
Defaulting banks - where will it stop? - by Terry Mauro - 12-10-2008, 11:14 PM
Defaulting banks - where will it stop? - by Terry Mauro - 15-10-2008, 06:20 PM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:01 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:26 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:36 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 09:02 PM
Defaulting banks - where will it stop? - by Myra Bronstein - 18-11-2008, 01:11 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 18-11-2008, 05:03 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 26-11-2008, 04:33 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 26-11-2008, 04:37 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 07-12-2008, 05:18 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 08-12-2008, 04:20 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 13-12-2008, 06:44 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 18-01-2009, 10:21 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 23-02-2009, 02:34 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 23-02-2009, 04:14 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-02-2009, 04:24 AM
Defaulting banks - where will it stop? - by Magda Hassan - 24-02-2009, 07:29 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-02-2009, 09:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 03-03-2009, 11:16 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 04-03-2009, 01:34 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 05-03-2009, 12:35 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-04-2009, 06:01 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-07-2009, 02:06 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 26-07-2009, 08:54 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 02-09-2009, 03:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 10-09-2009, 07:52 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 03-01-2010, 06:42 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 03-01-2010, 07:23 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 19-04-2010, 02:30 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 19-04-2010, 02:54 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 03-05-2010, 03:11 AM

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