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Re: ANZ bank raises rates again! tories will now try to blame the

by fasgnadh <fasgnadh@[EMAIL PROTECTED] > Apr 25, 2008 at 09:39 AM

Rod Speed wrote:
> Polly the Parrot <flatulantdingo@[EMAIL PROTECTED]
> wrote
>> H.D. <herpem@[EMAIL PROTECTED]
> wrote
> 
>>>> I thank you for your question. I condemn Swan because he is useless.
> 
>>> But you speak for an insignificant minority group.
> 
>> I doubt that people who are victims of rising interest rates
> 
> No such animal. Just fools so stupid that they couldnt see the writing
on the wall about interest rates.
> 

People who are lied to are not fools but dupes.

The Australian people were promised interest rates would
not rise by the Howard government:

"We will keep interest rates at record lows" -Howard the Liar

Rudd, knowing that 11 successive interest rate rises under
Howard's economic mismanagement could not be turned around
quickly, made no such false promise.

Cynics will try and tell you all politicians lie, all the time.

Clearly in this case one party won the election because they
DIDN'T lie, and the people had come to see that the Lying Rodent
did noting but deceive them.

The product of ten years of tory deceit and ENCOURAGING a speculative
property bubble, fuelled by massive debt is that we owe billions to
the rest of the world at precisely the time the US mortgage debacle
and the bursting of our domestic property bubble has burst...

Leaving us exposed to the ravages of rising interest rates for
as long as the global credit squeeze lasts.

I have scores of posts dating back years warning of the
damage Howard was causing by ENCOURAGING the speculative
property price inflation, rather than productive investment.

I have repeatedly cited those warnings.

I am debt free, gold is at $1000 an oz, land in Mansfield
is $8000 an acre and my Melbourne home is 1.5k from the
demographic centre, so fuel prices will not hit as hard
as for most people.

Anyone else who claims to have seen this coming should do likewise,
and show where THEY tried to warn the victims.. rather than blame
them now.    pffffft!



---------

Howard says sorry for causing inflation and Interest Rate Rises;

"I'm Sorry about that, and I regret the additional burden"
    - PM Lying Rodent apologising for latest rate rise


        As we all know, John Howard NEVER SAYS SORRY...
               ...unless it's HIS FAULT! 8^o

"Howard concedes broken promise"

"Prime Minister John Howard has conceded that
interest rates are no longer at "record lows",
in violation of a promise made in the 2004
election campaign."    - The Age 26/10/2007

"Three rate rises ahead" - ANZ, HSBC Chief, other banks
     - The Age October 26, 2007

Thats TEN Interest rate rises since 2002, and more to come! 8^o

"We will keep interest rates at record lows" -Howard the Liar

    You simply can't trust the Howard government,
    He and Costello have BETRAYED the trust of
    the Australian people



"After a successful few years as a junior minister in
Malcolm Fraser's government, Howard was promoted to
treasury, where his five years in the job can only
be judged as an unmitigated failure.
Take a look at the statistics.

When Howard left the treasury in March 1983, the
budget deficit was forecast at $9.6 billion, inflation
was 11 per cent, unemployment was 10.2 per cent,
the economy was in recession with negative
0.4 per cent growth, and housing interest rates
were 13 per cent.

And, despite the 1982-83 recession being the worst
since the Great Depression, Howard still managed to
increase the federal tax take from 25.1 per cent of
GDP in 1977 to 27.5 per cent of GDP by 1982-83.

Howard then spent 13 years in opposition, during
which - when he wasn't leader himself - he spent
a lot of time conspiring against the three leaders
he served under: Andrew Peacock, John Hewson and
Alexander Downer."


---------


The Official [Est. June 2000] aus.culture.true-blue FAQ ;

   http://geocities.com/fairdinkum_trueblue/faq.html


The true-blue Homestead;

   http://geocities.com/fairdinkum_trueblue/


The true-blue Hall Of Fame;

   http://www.geocities.com/trueblue_hall_of_fame/index.html


The Tuckerbox;

   http://www.geocities.com/true_blue_tucker_box/index.html


-----------




 1 Posts in Topic:
Re: ANZ bank raises rates again! tories will now try to blame th
fasgnadh <fasgnadh@[EM  2008-04-25 09:39:45 

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tan13V112 Thu May 22 12:46:35 CDT 2008.