Comments on: Rundle: No one expected this, no one http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/ now with extra source Sun, 22 Nov 2009 08:29:08 +1100 http://wordpress.org/?v=2.8.6 hourly 1 By: Knuck http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7159 Knuck Thu, 01 Jan 1970 10:00:00 +0000 #comment-7159 John McCain alluded to Wall Street becoming a casino, so why not exercise casino owner's methods; closely monitor the dealers and gamblers to ensure no fraud, cheating or colluding. Those detected are fired, evicted and banned after being dispossessed of their ill gotten gains.<br />So Wall Street and other stock exchanges will have to be owned in order to implement the above. But who will own the stock exchanges? Why, government of course. And the monitors? FBI, CIA, ASIO, ASIS MIs 5 and 6 etc etc. Get them to do useful work, make a profit and we all get rich. No more income tax. Hooray John McCain alluded to Wall Street becoming a casino, so why not exercise casino owner’s methods; closely monitor the dealers and gamblers to ensure no fraud, cheating or colluding. Those detected are fired, evicted and banned after being dispossessed of their ill gotten gains.
So Wall Street and other stock exchanges will have to be owned in order to implement the above. But who will own the stock exchanges? Why, government of course. And the monitors? FBI, CIA, ASIO, ASIS MIs 5 and 6 etc etc. Get them to do useful work, make a profit and we all get rich. No more income tax. Hooray

]]> By: JamesK http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7160 JamesK Thu, 01 Jan 1970 10:00:00 +0000 #comment-7160 Careful David Sanderson, the inherent condescension of your leftist pseudo-intellectual elitism is showing again.... Careful David Sanderson, the inherent condescension of your leftist pseudo-intellectual elitism is showing again….

]]> By: Shane http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7161 Shane Thu, 01 Jan 1970 10:00:00 +0000 #comment-7161 <br />So it happens when democracy is replaced by oligarchy. <br /><br />Oligarchy has no wings attached, Left or Right, Mr. JamesK. It just suffers from golden calf syndrome.<br />Even primary school kids know that one cannot drive a car without petrol, and regular check-ups of the engine, brakes and indicators.. <br />But according to some political systems 'experts', if you do check up your car regularly, you are a 'leftist pseudo-intellectual' and a socialist. And if you don't- you are a 'right wing true- blue intellectual'.<br />In our overregulated, overtaxed and over controlled world it is a bid odd that banks should be an exception and treated like a free spirit taken on a ride on a merry-go-round with no screws and bolts. So it happens when democracy is replaced by oligarchy.

Oligarchy has no wings attached, Left or Right, Mr. JamesK. It just suffers from golden calf syndrome.
Even primary school kids know that one cannot drive a car without petrol, and regular check-ups of the engine, brakes and indicators..
But according to some political systems ‘experts’, if you do check up your car regularly, you are a ‘leftist pseudo-intellectual’ and a socialist. And if you don’t- you are a ‘right wing true- blue intellectual’.
In our overregulated, overtaxed and over controlled world it is a bid odd that banks should be an exception and treated like a free spirit taken on a ride on a merry-go-round with no screws and bolts.

]]> By: Chris from Edgecliff http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7162 Chris from Edgecliff Thu, 01 Jan 1970 10:00:00 +0000 #comment-7162 Guy Rundle, for someone who calls himself a "US Correspondent" in DC, you should know that Senator Judd Gregg is most certainly not Senate minority leader - Senator Mitch McConnell holds that title (although admittedly probably not for much longer). Senator Gregg is ranking minority member of the Banking Committee Guy Rundle, for someone who calls himself a “US Correspondent” in DC, you should know that Senator Judd Gregg is most certainly not Senate minority leader - Senator Mitch McConnell holds that title (although admittedly probably not for much longer). Senator Gregg is ranking minority member of the Banking Committee

]]> By: JamesK http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7163 JamesK Thu, 01 Jan 1970 10:00:00 +0000 #comment-7163 Shane are you implying some Bush "oligarchy" is responsible for the meltdown on Wall St.?<br />If you are then you would be quite incorrect as well as rationally incoherent.<br /><br />The cause is poor regulatory authorities in the USA, decisions in the Clinton Administration and a lack of decisions in the Bush Administration<br /><br />Keating and Costello are to be congratulated for sensible regulation here.<br /><br />A regulatory authority with teeth does not equate to state sponsored industries or even worse nationalisation of industry even if it is the financial industry full of 'evil' bankers. Shane are you implying some Bush “oligarchy” is responsible for the meltdown on Wall St.?
If you are then you would be quite incorrect as well as rationally incoherent.

The cause is poor regulatory authorities in the USA, decisions in the Clinton Administration and a lack of decisions in the Bush Administration

Keating and Costello are to be congratulated for sensible regulation here.

A regulatory authority with teeth does not equate to state sponsored industries or even worse nationalisation of industry even if it is the financial industry full of ‘evil’ bankers.

]]> By: David Sanderson http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7164 David Sanderson Thu, 01 Jan 1970 10:00:00 +0000 #comment-7164 Intrade has Obama at 62.5 - up 5.5 on the day. McCain is going the same way as Wall St.<br />IMHO Obama is still a good bet at these odds, you could make some money to offset your stock market losses.<br />I wonder what Palin will have to say in Thursday's debate about the situation? That should be good for a few laughs to relieve the gloom. Although that smiley way she has when talking complete tosh will no doubt persuade some Americans that she is their kind of gal and just like them - ie a paragon of fools among fools. Intrade has Obama at 62.5 - up 5.5 on the day. McCain is going the same way as Wall St.
IMHO Obama is still a good bet at these odds, you could make some money to offset your stock market losses.
I wonder what Palin will have to say in Thursday’s debate about the situation? That should be good for a few laughs to relieve the gloom. Although that smiley way she has when talking complete tosh will no doubt persuade some Americans that she is their kind of gal and just like them - ie a paragon of fools among fools.

]]> By: JamesK http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7165 JamesK Thu, 01 Jan 1970 10:00:00 +0000 #comment-7165 Shane I did politely point out that your post was rationally incoherent......<br /><br />I just re-read it to be sure....yep. <br /><br />I could also say apple pie is good and then mention your name: 'Shane' and allude to your post and then protest in a similar manner to you that nowhere did you emphatically say "apple pie is good" and ....... that would make about as much sense as your response....and indeed your primary post.<br /><br /> Shane I did politely point out that your post was rationally incoherent……

I just re-read it to be sure….yep.

I could also say apple pie is good and then mention your name: ‘Shane’ and allude to your post and then protest in a similar manner to you that nowhere did you emphatically say “apple pie is good” and ……. that would make about as much sense as your response….and indeed your primary post.

]]> By: Shane http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7166 Shane Thu, 01 Jan 1970 10:00:00 +0000 #comment-7166 JamesK<br />I did not mention Bush. I said 'oligarchy' has no political wings. And I did not mention Australia. You probably misread my message. JamesK
I did not mention Bush. I said ‘oligarchy’ has no political wings. And I did not mention Australia. You probably misread my message.

]]> By: David Sanderson http://www.crikey.com.au/2008/09/30/rundle-no-one-expected-this-no-one/#comment-7167 David Sanderson Thu, 01 Jan 1970 10:00:00 +0000 #comment-7167 JamesK, don't you mean that the showing condescension of your pseudo-inherent leftism is eliting again? <br />Makes more sense to me. JamesK, don’t you mean that the showing condescension of your pseudo-inherent leftism is eliting again?
Makes more sense to me.

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