R
Rod Speed
B J Foster wrote
And it remains to be seen if he can predict any better than that other fool Steve Keen predicted house prices.
Depends on how great the rate rise is, stupid.
Corse we never ever saw any rate rises under Howard
with the federal govt not borrowing a cent, eh ?
Corse we never ever saw any rate rises under Howard eh ?
Not if you have even half a clue about where you have those savings invested.
Odd, could have SWORN they attempted to have a mining profits tax.
Doesnt have to if part of what was raised from the flogging off of Telstra was used to pay for it.
Bet it doesnt cost anything like that much more.
regn.pickfod wrote
And it remains to be seen if he can predict any better than that other fool Steve Keen predicted house prices.
Each rate rise adds $50/week to the average mortgage.
Depends on how great the rate rise is, stupid.
These rate rises are due to inflation caused by Rudd and Gillard Labor spending and borrowing massive amounts of
money.
Corse we never ever saw any rate rises under Howard
with the federal govt not borrowing a cent, eh ?
The annualised M3 expansion ballooned from around 11-12% under Howard (already high) to 25% under Rudd. This
ultimately fuels inflation and interest rate rises.
Corse we never ever saw any rate rises under Howard eh ?
The expanding money supply is also a crude form of capital theft.
Only 3 years of 25% expansion and the value of our savings will be halved.
Not if you have even half a clue about where you have those savings invested.
Labor thieves don't even bother using the tax system anymore.
Odd, could have SWORN they attempted to have a mining profits tax.
The $43 *billion* NBN is not only going to cost us $2000 per person but it will hit us through interest rates as well.
Doesnt have to if part of what was raised from the flogging off of Telstra was used to pay for it.
And being a Labor initiative it will take twice as long and cost twice as much.
Bet it doesnt cost anything like that much more.