Comments on: Banking the Australian way: Four pillars, no competition http://www.crikey.com.au/2008/10/07/banking-the-australian-way-four-pillars-no-competition/ now with extra source Sun, 12 Feb 2012 06:22:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: David http://www.crikey.com.au/2008/10/07/banking-the-australian-way-four-pillars-no-competition/#comment-25696 David Thu, 01 Jan 1970 10:00:00 +0000 #comment-25696 And not a word from Turnbull and his his icy cold, snarling maiden, the shadow treasurer. Bet they were gob smacked by the 1 per cent reduction. You got to hand it to Rudd and Swan, at the moment they are leading from the front with the Opposition trailing in their wake. Fairly impressive performance. Even more so with the banks giving back at least .8...the not demanding banks give the full rate relief turned out to be a stroke of genius, finger on the pulse politics. I said months ago, anyone who believes the PM and his Treasurer are mugs should keep their eyes on the ball, these two sure have. Incidently talking good politics, why would Rudd have given that long interview with the gnome, published on Sunday? Milne is hardly what one would call a mate of the PM, he has difficulty getting an i/v with the Parliament head loo cleaner these days. Interesting move Prime Minister, interesting move. And not a word from Turnbull and his his icy cold, snarling maiden, the shadow treasurer. Bet they were gob smacked by the 1 per cent reduction. You got to hand it to Rudd and Swan, at the moment they are leading from the front with the Opposition trailing in their wake. Fairly impressive performance. Even more so with the banks giving back at least .8…the not demanding banks give the full rate relief turned out to be a stroke of genius, finger on the pulse politics. I said months ago, anyone who believes the PM and his Treasurer are mugs should keep their eyes on the ball, these two sure have. Incidently talking good politics, why would Rudd have given that long interview with the gnome, published on Sunday? Milne is hardly what one would call a mate of the PM, he has difficulty getting an i/v with the Parliament head loo cleaner these days. Interesting move Prime Minister, interesting move.

]]> By: Graeme Lewis http://www.crikey.com.au/2008/10/07/banking-the-australian-way-four-pillars-no-competition/#comment-25697 Graeme Lewis Thu, 01 Jan 1970 10:00:00 +0000 #comment-25697 Poor old Bernard! he just flip-flops around, not knowing where it may all end.<br /><br />We now see the outcome. The Govt's policy has installed the four big banks with all power to make profit as they want to do. This policy has unquestionably set up our national banking system as bulletproof in the current volatile situation. <br /><br />And guess what! The central banker says that interest rates should drop 1% because they say it should, and the 4 banks say "who cares."<br /><br />People like "David" do not have a clue, and their name calling is irrelevant in the light of the serious nature of the debacle that is now being inflicted upon us, as Kevin747 and his Treasurer blast forth in a world they know nothing about, in a world that will allow our banks to clean up no end. Poor old Bernard! he just flip-flops around, not knowing where it may all end.

We now see the outcome. The Govt’s policy has installed the four big banks with all power to make profit as they want to do. This policy has unquestionably set up our national banking system as bulletproof in the current volatile situation.

And guess what! The central banker says that interest rates should drop 1% because they say it should, and the 4 banks say “who cares.”

People like “David” do not have a clue, and their name calling is irrelevant in the light of the serious nature of the debacle that is now being inflicted upon us, as Kevin747 and his Treasurer blast forth in a world they know nothing about, in a world that will allow our banks to clean up no end.

]]> By: kerry http://www.crikey.com.au/2008/10/07/banking-the-australian-way-four-pillars-no-competition/#comment-25698 kerry Thu, 01 Jan 1970 10:00:00 +0000 #comment-25698 G Lewis you are " UnAustralian " a know all about diddly and a noted right wing Howard hugger a yesterdays person. Take a hike or join the human race. G Lewis you are ” UnAustralian ” a know all about diddly and a noted right wing Howard hugger a yesterdays person. Take a hike or join the human race.

]]> By: David http://www.crikey.com.au/2008/10/07/banking-the-australian-way-four-pillars-no-competition/#comment-25699 David Thu, 01 Jan 1970 10:00:00 +0000 #comment-25699 And not a word from Turnbull and his his icy cold, snarling maiden, the shadow treasurer. Bet they were gob smacked by the 1 per cent reduction. You got to hand it to Rudd and Swan, at the moment they are leading from the front with the Opposition trailing in their wake. Fairly impressive performance. Even more so with the banks giving back at least .8...the not demanding banks give the full rate relief turned out to be a stroke of genius, finger on the pulse politics. I said months ago, anyone who believes the PM and his Treasurer are mugs should keep their eyes on the ball, these two sure have. Incidently talking good politics, why would Rudd have given that long interview with the gnome, published on Sunday? Milne is hardly what one would call a mate of the PM, he has difficulty getting an i/v with the Parliament head loo cleaner these days. Interesting move Prime Minister, interesting move. And not a word from Turnbull and his his icy cold, snarling maiden, the shadow treasurer. Bet they were gob smacked by the 1 per cent reduction. You got to hand it to Rudd and Swan, at the moment they are leading from the front with the Opposition trailing in their wake. Fairly impressive performance. Even more so with the banks giving back at least .8…the not demanding banks give the full rate relief turned out to be a stroke of genius, finger on the pulse politics. I said months ago, anyone who believes the PM and his Treasurer are mugs should keep their eyes on the ball, these two sure have. Incidently talking good politics, why would Rudd have given that long interview with the gnome, published on Sunday? Milne is hardly what one would call a mate of the PM, he has difficulty getting an i/v with the Parliament head loo cleaner these days. Interesting move Prime Minister, interesting move.

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