Has Kevin Rudd misled parliament?

[MrBurns]

I don't see what the lefties should be gloating about either. There should be no taxpayer dollars going into bailing out car dealerships.

There are many more deserved things the taxpayers dollars could be spent on.

Couldn't agree more, people are living on the streets and our tax dollars are bailing out car salesmen ? I feel sick.

The banks are safe mainly because they are protected and have huge profitability because well.....they can. No real competition here.

 

[turnrude]

Turnball thought he won an extra ball

in his one hand bandit game. Despite his $$$ he is still a fckin peasant, as far as I can see... and hear.

 

[GumbyLearner]

Couldn't agree more, people are living on the streets and our tax dollars are bailing out car salesmen ? I feel sick.

The banks are safe mainly because they are protected and have huge profitability because well.....they can. No real competition here.

I'm glad Turntable looks less likely to import the now bankrupt de-regulatory ideology of the likes of Goldman Sucks et al. Tickled pink to tell you the truth!

 

[MrBurns]

I'm glad Turntable looks less likely to import the now bankrupt de-regulatory ideology of the likes of Goldman Sucks et al. Tickled pink to tell you the truth!

Everyone's been bitching for years about the greedy banks but ironically that's the reason they are strong today........how about that.

 

[GumbyLearner]

Everyone's been bitching for years about the greedy banks but ironically that's the reason they are strong today........how about that.

No doubt Mr.Burns, but you can thank our regulatory system for not having the slums and tent cities scattered across the country as the result of unfettered lending practices. Oh and also Keating!

 

[MrBurns]

No doubt Mr.Burns, but you can thank our regulatory system for not having the slums and tent cities scattered across the country as the result of unfettered lending practices. Oh and also Keating!

Keating isn't he the one living overseas and who calls Australia barbaric ?

The regulatory system has helped and banks have been able to apply some standards to lending becuse they've been swimming in profits anyway.

Just watching 4 Corners how kids are abused and murdered for being "possessed" in Nigeria, bloody awful, we have no problems believe me.

http://www.abc.net.au/4corners/

 

[GumbyLearner]

Keating isn't he the one living overseas and who calls Australia barbaric ?

The regulatory system has helped and banks have been able to apply some standards to lending becuse they've been swimming in profits anyway.

Just watching 4 Corners how kids are abused and murdered for being "possessed" in Nigeria, bloody awful, we have no problems believe me.

http://www.abc.net.au/4corners/

Keating was unique. He did use a lot of colourful adjectives when he was PM.
But there has been no comparable match since IMHO!

 

[rederob]

Everyone's been bitching for years about the greedy banks but ironically that's the reason they are strong today........how about that.

You know as much about our banking system as you knew about this affair; diddly squat. Our banks are strong because of the prudent regulatory regime that they must comply with, not because they rip us off with unjustifiable transaction costs.

I forgot to ask, is the rumour true that you are cloning more feet for yourself, having shot both of your own on so many occasions?

 

[MrBurns]

Keating was unique. He did use a lot of colourful adjectives when he was PM.
But there has been no comparable match since IMHO!

He was never voted in, so thats probably in his favor when you look at those who actually were voted in

 

[GumbyLearner]

Keating isn't he the one living overseas and who calls Australia barbaric ?

The regulatory system has helped and banks have been able to apply some standards to lending becuse they've been swimming in profits anyway.

Just watching 4 Corners how kids are abused and murdered for being "possessed" in Nigeria, bloody awful, we have no problems believe me.

http://www.abc.net.au/4corners/

Also take a look at North America and result of flawed lending practices.

http://globaleconomicanalysis.blogspot.com/2008/06/tent-city-usa.html

 

[rederob]

Sorry Gumby. You beat me to the posting punch as I took a long call from John Grant as I was typing some Burnt offerings.

 

[MrBurns]

You know as much about our banking system as you knew about this affair; diddly squat. Our banks are strong because of the prudent regulatory regime that they must comply with, not because they rip us off with unjustifiable transaction costs.

I forgot to ask, is the rumour true that you are cloning more feet for yourself, having shot both of your own on so many occasions?

Let me guess, in real life you're a bully and no one likes you ?
It's fairly obvious. LOL

 

[moXJO]

You know as much about our banking system as you knew about this affair; diddly squat. Our banks are strong because of the prudent regulatory regime that they must comply with, not because they rip us off with unjustifiable transaction costs.

The US is one of the most heavily regulated as well. It was just that our banks were a bit slow with the program, otherwise we would probably have followed suit. It was probably more dumb luck then anything.

 

[GumbyLearner]

He was never voted in, so thats probably in his favor when you look at those who actually were voted in

You mean like Alexander Downer.

Hewson had the electorate and still got done...by Keating in an official "unwinnable" nationwide election. Do you recall?

I can only recall the Freddy Kruger like T-shirts of Fightback

 

[rederob]

The US is one of the most heavily regulated as well. It was just that our banks were a bit slow with the program, otherwise we would probably have followed suit. It was probably more dumb luck then anything.

We are moving off topic, but you need to get acquainted with systemic removals of US banking regulations that significantly opened the gate to the collapse of many of its financial institutions.

 

[MrBurns]

The US is one of the most heavily regulated as well. It was just that our banks were a bit slow with the program, otherwise we would probably have followed suit. It was probably more dumb luck then anything.

The banks were always smart arses making people beg for loans UNTIL RECENTLY so they are protected by their own arrogance, abandoned late in the piece in a grab for business, but there weren't enough of those sub prime loans to put them in trouble.
They will be under considerable stress in the future as the housing market declines and many including Rudds guinea pigs (FHB) fall over, but hey ! all they'll do is raise fees elsewhere to make up the difference.

 

[MrBurns]

You mean like Alexander Downer.

The only better example of the failure of democracy is Rudd.

 

[moXJO]

We are moving off topic, but you need to get acquainted with systemic removals of US banking regulations that significantly opened the gate to the collapse of many of its financial institutions.

Yes moving off a bit, and would bore too many to death.

Read JC posts. Sums it up better than I could http://andrewnorton.info/2009/03/evidence-and-economic-reform/

 

[Julia]

crimes against truth, crimes against good taste, crimes against earwax, crimes against pigeon toed people who are , I believe taking up a collection to get his gait corrected so they wont be identified with him, crimes against closet homos who marry a rich woman and hide behind her talent and live off her earnings, the crimes are endless............

Mr Burns, this is really unreasonable, isn't it, not to mention being completely off topic? It probably constitutes slander and doesn't contribute anything useful to the discussion. I understand how much you hate Kevin Rudd, but you need to keep some sense of perspective.

Both sides have behaved very poorly, mainly by climbing all over honesty, respect, protocol and integrity in their haste to sit on the high horse that enables them to shout ....."You MUST resign!!!".

Turnbull's performance on what has been proven to be a fraudulent email is very unimpressive.....

I agree, Duckman. Watching both leaders being interviewed by Kerry O'Brien this evening, Mr Rudd simply took control of the interview and occasionally allowed O'Brien to get a few words in. He managed very successfully to focus entirely on the fraudulent email, and equally successfully deflected any questions about Wayne Swan's possible preferential treatment of Mr Grant.

In contrast, Mr Turnbull looked very uncomfortable, fumbled with notes and sounded unconvincing. Even the most diehard Liberal supporter couldn't claim this to be one of Mr Turnbull's finest hours..

Let's hope the writer of the email is found, but even then it will not excuse Mr Turnbull for such dramatic calls for the Prime Minister's resignation, given he has completely failed to authenticate said email.

I reckon this little exercise will cost the Libs around 10 points in the next poll and that's what they deserve.

Btw apparently Mr Swan has made public the remaining series of emails demonstrating similar treatment to that offered Mr Grant was in fact given to other car dealers.

Another strike against the Libs.

http://www.theaustralian.news.com.au/story/0,25197,25674232-12377,00.html

Turnbull naturally expected this to be true and it wasn't. he should have said "subject to the production of the email and proof of it's authenticity" Rudd should resign etc etc

Yes. That would have saved much humiliation. Good suggestion.

The fact is that Rudd is very tough and seems relatively clean. It would have been foreseeable that attacking Ruddd's fundamental integrity had to be absolutely provable or the counter attack would be ferocious. It's a big call saying the PM is a liar and discovering your evidence has been faked...

Agree entirely.

 

[GumbyLearner]

The only better example of the failure of democracy is Rudd.

But Rudd did win a democratic election, Turntable has yet to do so. Oh and Downer never did either.