IHT: Fed to pump another $1 trillion into U.S. economy

[Christian Graus]

Josh Gray wrote:

How would you feel if Joe Bogan down the street who'd only ever made the minimum repayments on his mortgage had his debt paid out free of charge?

Like I said, I am not in favour of any kind of bailout. I'm just saying, if they *must* spend the money, then they should do it in a way that actually helps the poor. As to how I'd feel, I'd feel like I wish I had kept my mortgage. I'd expect if such a plan was created, there'd be a run of people like me trying to create new mortgages on our homes.

Christian Graus Driven to the arms of OSX by Vista.

[Christian Graus]

Probably.

Christian Graus Driven to the arms of OSX by Vista.

[Lost User]

_Damian S_ wrote:

The same way I feel about my hard earned tax dollars being thrown down the toilet by Krudd and his Krew... but if they are going to do it, at least they could do something that may actually help...

Fucking Rudd is a useless little pandering to the ignorant masses qld tool and he didnt even stimulate my package

[Christian Graus]

WE tried to go out for dinner last night, and everywhere was packed. Donna suddenly realised why. She leans forward and whispers to me, 'Rudd money'. Not that we get any, of course.

Christian Graus Driven to the arms of OSX by Vista.

[Lost User]

Christian Graus wrote:

everywhere was packed. Donna suddenly realised why. She leans forward and whispers to me, 'Rudd money'.

Well I guess that was the purpose of it. Better people spend it that stick it in super for example but I still fundamentally disagree with what he's done. On another topic you might have heard about his use of the term "shit storm" in an interview. There was an article in the SMH saying that the use of that term had been scripted after much analysis was done with focus groups and marketing type people. What a fabulous way to spend our tax dollar. I miss Johnny

[Christian Graus]

Josh Gray wrote:

On another topic you might have heard about his use of the term "sh*t storm" in an interview. There was an article in the SMH saying that the use of that term had been scripted after much analysis was done with focus groups and marketing type people. What a fabulous way to spend our tax dollar

Wow - I'd not heard about this at all. That's just pathetic.

Josh Gray wrote:

Better people spend it that stick it in super for example but I still fundamentally disagree with what he's done.

Yeah, I think it's stupid.

Christian Graus Driven to the arms of OSX by Vista.

[Oakman]

Christian Graus wrote:

So the problem is that the system is not self policing and needs oversight ?

I hate to be speaking for John. I suspect that John C is the only one who catches the nuances of everything he says, but I am pretty sure that is exactly what Zep was saying, from long before the crash.

Jon Smith & Wesson: The original point and click interface

[Oakman]

_Damian S_ wrote:

Over here, we are just having your run of the mill crisis caused by the US and EU financial systems completely turning to crap

Sure thing. I am positive that not one bank in Oz bought any CDS.

Jon Smith & Wesson: The original point and click interface

[Oakman]

Richard A. Abbott wrote:

However, these two links are likely to cause you scratch your head, one of them in some disbelief ...

How did you find out I have two heads???

Jon Smith & Wesson: The original point and click interface

[Stan Shannon]

It never was self-policing, and no one said that it was, or expected it to be. What has happened is that the system has been intentionally undermined by government to create just the fiasco we are now experiencing so that people will accept the state taking direct control of the entire economic engine.

Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.

[Christian Graus]

*grin* I was more trying to bait Stan. Wait, I feel a bite....

Christian Graus Driven to the arms of OSX by Vista.

[Christian Graus]

Stan Shannon wrote:

What has happened is that the system has been intentionally undermined by government to create just the fiasco we are now experiencing so that people will accept the state taking direct control of the entire economic engine.

Wait a sec, I need to go and grab some aluminum foil before I can read this fully. You can't be serious, Stan. Your ability to believe in huge conspiracy theories would make a Roswell citizen blush.

Christian Graus Driven to the arms of OSX by Vista.

[_Damian S_]

Very limited exposure to it, but a great excuse... I was more alluding to the old "the US sneezes, the world catches a cold" scenario.

Knowledge is knowing that the tomato is a fruit. Wisdom is not putting it in fruit salad!! Booger Mobile - Camp Quality esCarpade 2010

[Oakman]

_Damian S_ wrote:

I was more alluding to the old "the US sneezes, the world catches a cold" scenario.

What I find quite interesting is that every country on the planet achieved their own prosperity without any impetus from the U.S. economy (especially France) but that without exception they all started failing as soon as the American economic engine began to stall out.

Jon Smith & Wesson: The original point and click interface

[Oakman]

Christian Graus wrote:

You can't be serious, Stan.

But he can. He has finally realised that Bush and Cheny are Russian agents. Rumsfeld, of course, went along with everything they ordered, including the bombing of the Trade Towers, only because he was having an affair with Barbara Bush.

Jon Smith & Wesson: The original point and click interface

[_Damian S_]

Because like it or not, the USD is the benchmark currency, so when people think that it might not be doing so well...

Knowledge is knowing that the tomato is a fruit. Wisdom is not putting it in fruit salad!! Booger Mobile - Camp Quality esCarpade 2010

[Christian Graus]

Well, now it finally makes sense....

Christian Graus Driven to the arms of OSX by Vista.

[Lost User]

Oakman wrote:

What I find quite interesting is that every country on the planet achieved their own prosperity without any impetus from the U.S. economy (especially France) but that without exception they all started failing as soon as the American economic engine began to stall out.

Interesting article[^] on Kevin Rudd's use of the financial crisis to advance his own popularity

[Stan Shannon]

Christian Graus wrote:

Your ability to believe in huge conspiracy theories would make a Roswell citizen blush.

I simply cannot explain otherwise how anyone could make this kind of a lunatic statement: So the problem is that the system is not self policing and needs oversight ? I would like for you to provide evidence that anyone ever said that the system should be 'self policing' and didn't 'need oversight'. Who was it that was saying that? Who was trying to achieve that? The events that have occurred happened with the government standing there watching them occur in the full light of day. They were actually part of the process. How could that process possibly have been any more 'policed' than it was? Its like a bank robbery where the police are not only standing and watching, but actually loading the bank robbers weapons for them, making sure they work properly, giving the bank robbers training, and driving the get away cars. And then, after the bank has actually been robbed, have you outside screaming about inadequate policing. The police are part of the fucking problem, Christian. But you refuse to accept the obvious because of your own tin foil hat paranoia about 'greedy capitalism'. And because they were so helpful to the bank robbers, the police are now demanding even more power and authority, and you are perfectly happy to give it to them. SOcialism has failed compltely every single time it has ever been tried. So, how do you resurrect it? You use it to undermine capitalistic processes and than blame the problem on capitalism. This was a conspiracy, Chritian, and obviously so from beginning to end. It was planned, implemented, and successfully accomplished.

Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.

[Oakman]

Josh Gray wrote:

Kevin Rudd's use of the financial crisis to advance his own popularity

Is imitating Obama all that popular? I would think that after this weekend's gaffes he'd want to distance himself. It's my impression that Oz's troubles, like just about everyone else's began with the collapse of Lehman Bros and the realization that the "S" in "CDS" didn't stand for "swaps." Carson might know better, I suppose - what's your take?

Jon Smith & Wesson: The original point and click interface