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US unemployment figures at their highest since 1983, yet the market got excited because it was the smallest loss of jobs in a month since the decline began! The casino is rigged.
Fannie Mae and Freddie Mac lost $100 billion between them even with almost $100 billion in federal bailouts. Still over the past few months Fannie Mae as much as 266% in August and Freddie Mac climbed 300%.
The fundamentals of the US markets are screwed, the next couple of months will be interesting.
Right, time to cast off the sack cloth and wash off the ashes, got work to do!!
Vodafone and Telecom have been given a final chance to sort out mobile termination rates. And, they are complaining.
If I am the boss of all , i’d legislate termination rates to actual cost (2c / minute??).
Then I’m perfectly happy for vodafone /telecom to increase their tariffs to compensate for the lost revenue. At least, the pricing will be transparent and competitive.
Good morning Akaroa from actual Akaroa, if this takes off it will be much more interesting than most of the comments of Mr Ure and a whole lot easier to skim through.
Perhaps Mr Farrer could host a daily greeting post for those of us who don’t get out much. Goodnight Johnboy, Goognight Mary-Ellen then again, perhaps not. Cheers
The old law and the Boscawen amendment would have done what differently Nick?
The crown alleged the mother “whacked him around the head a few times”. If this was an aberration for a normally good parent and if the whacking was deemed to be a type of smacking then it is possible it could be found to be not an offence according to the wording of the referendum.
Nothing Cerium, as I have said before, that is the point.
It was Sue Bradford who contended the law was to stop child abuse. Why couldnt she have just admitted from the outset that this was more about social engineering and pushing the Greens crazy social agenda than stopping child abuse?
Check out what’s coming down the line at the Federal Housing Authority. The mortgage insurance on them has gone from $85 billion to $287 billion. I smell AIG II.
I especially liked this comment:
See, it turns out that the FHA, prompted of course by Congress, gave out a bazillion loans to people who were on the very edge of being able to pay them back. As long as our economy kept booming, they’d probably — probably — be okay. But if the economy wavered even a little bit, they’d be hosed and all those loans would come back to the FHA so fast you’d think they were attached by rubber bands. That’s exactly what’s happening now and the FHA is watching their cash reserves dry up like a shallow mudpuddle in the middle of Death Valley in July
Man-o-man. I’ve been battening down the hatches for the last 2 years and I still wonder if it’s enough.
Ooooh, someone’s stolen phool’s precious biscuit. What is it today, phool? You’ve been strangely quiet. Is it the referendum to smack, not hit, children? Is it the impending destruction of MMP? Is it Van Jones?
Wow phil, you’re even more hysterical and nonsensical today than usual, if thats possible.
Now can you please refute the obvious and proven links between welfare dependency and child abuse?
you know that all this recession-is-over/’green-shoots’ talk is just absolute horseshit..
..and that we are headed for the mother of all crashes ..
I know. Thanks to left wing government intervention. “We’re all Keynesians now!” The growth that Australia’s gained is superficial and Britain’s going down the crapper soon.
Haha agreed Hurf.
I sometimes engage with philu against my better instincts in the forlorn hope we may be able to make him see sense, unfortunately this is never successful and his hazy communist rants continue
Then telll us why you cant raise a child yourself and need other kiwis to pay for it, when many of us (myself included) who were raised by solo parents who just hardened up and worked hard to provide for us, isntead of being bitter, lazy and blaming everyone else
Hmmmm apart from Philu’s personal attack shit in his last post I reckon the rest is pretty accurate. Hate to say it but the US economy and market has no clothes. It is only a matter of time before it implodes, or worse.
September 7th, 2009 at 7:46 am
- ‘Morning All!
Vote:September 7th, 2009 at 8:40 am
US unemployment figures at their highest since 1983, yet the market got excited because it was the smallest loss of jobs in a month since the decline began! The casino is rigged.
Fannie Mae and Freddie Mac lost $100 billion between them even with almost $100 billion in federal bailouts. Still over the past few months Fannie Mae as much as 266% in August and Freddie Mac climbed 300%.
The fundamentals of the US markets are screwed, the next couple of months will be interesting.
Right, time to cast off the sack cloth and wash off the ashes, got work to do!!
Vote:September 7th, 2009 at 9:24 am
..they pickin the dollar at .80c against the US by the end of the year…sweet..time to buy lots of Thai baht…
Vote:September 7th, 2009 at 10:02 am
Vodafone and Telecom have been given a final chance to sort out mobile termination rates. And, they are complaining.
If I am the boss of all , i’d legislate termination rates to actual cost (2c / minute??).
Then I’m perfectly happy for vodafone /telecom to increase their tariffs to compensate for the lost revenue. At least, the pricing will be transparent and competitive.
Vote:September 7th, 2009 at 10:42 am
Good morning Akaroa from actual Akaroa, if this takes off it will be much more interesting than most of the comments of Mr Ure and a whole lot easier to skim through.
Vote:Perhaps Mr Farrer could host a daily greeting post for those of us who don’t get out much. Goodnight Johnboy, Goognight Mary-Ellen then again, perhaps not. Cheers
September 7th, 2009 at 11:32 am
..anyone got an update on 2degrees mobile…good /bad? Im lookin at switchin to them from vodafone.
Vote:September 7th, 2009 at 11:58 am
I note that Key has given his word that we will indeed have a BINDING referendum on the future of MMP.
MMP will be “gone by lunchtime”, the very best thing about the end of MMP will be seeing the Greens tossed out of the house.
Vote:September 7th, 2009 at 12:02 pm
If you want to know the face of our Liberal media then read this pile of crap from somebody called Linley Boniface.
http://www.stuff.co.nz/blogs/opinion/2840467/Narcissism-least-of-Michael-Laws-sins/
Vote:September 7th, 2009 at 12:07 pm
http://www.stuff.co.nz/national/crime/2840914/Child-assaulted-for-wetting-bed-court-told
Good to see your law is working Sue, stopped this kind of stuff dead in its tracks.
Agreed with you bout the Laws article bruv, boniface is as wet as they come, a handwringer from way back
Vote:September 7th, 2009 at 12:25 pm
The old law and the Boscawen amendment would have done what differently Nick?
The crown alleged the mother “whacked him around the head a few times”. If this was an aberration for a normally good parent and if the whacking was deemed to be a type of smacking then it is possible it could be found to be not an offence according to the wording of the referendum.
Vote:September 7th, 2009 at 12:45 pm
Nothing Cerium, as I have said before, that is the point.
It was Sue Bradford who contended the law was to stop child abuse. Why couldnt she have just admitted from the outset that this was more about social engineering and pushing the Greens crazy social agenda than stopping child abuse?
At least then se would have been being honest.
Vote:September 7th, 2009 at 12:52 pm
Kaya
Check out what’s coming down the line at the Federal Housing Authority. The mortgage insurance on them has gone from $85 billion to $287 billion. I smell AIG II.
I especially liked this comment:
Man-o-man. I’ve been battening down the hatches for the last 2 years and I still wonder if it’s enough.
Vote:September 7th, 2009 at 2:29 pm
If I was Paul Henry, I’d have a happy smirk on my face too.
http://www.nzherald.co.nz/entertainment/news/image.cfm?c_id=1501119&gal_objectid=10595771&gallery_id=107262
Vote:September 7th, 2009 at 3:05 pm
Anyone know when the 1st reading of the VSM bill is?
Vote:September 7th, 2009 at 4:46 pm
More pointless research, I could have told them that for a tenth of the cost.
http://lifestyle.msn.co.nz/article.aspx?id=858977
Vote:September 7th, 2009 at 5:08 pm
Annual ginga celebration day in the Netherlands. Read ‘em and weep, DPF
Vote:September 7th, 2009 at 8:10 pm
tom hunter – the next crash is gonna be a biggie.
Vote:September 7th, 2009 at 8:28 pm
I wonder how long Kate Wilkinson will last? She would have to be the “weakest link” in the National Party today. Hmm.
Vote:September 7th, 2009 at 9:47 pm
our shameful child poverty stats/facts not worthy of comment/note there..dpf..?
‘cos fuck..!
any ‘solutions’ may involve you having to pay as bit more tax..eh..?
and we can’t have that..eh..?..
and aren’t all those who profess to care for children..(for ‘care’..read ‘smack’..
and who rail at sole parents and the like..
aren’t they all so silent/quiet on this issue..
..that you would think they would ‘care’ about..
..eh..?
and probably for the same reasons as you..eh dpf..?
(how does it go..?…n.i.m.b.p..?..not in my back pocket..?..)
phil(whoar.co.nz)
[DPF: Best solution to child poverty is to get the parents off welfare and working]
Vote:September 7th, 2009 at 9:51 pm
You have no right to talk about anyone’s contribution to the state while you continue to bludge off it, phool.
How about you donate a small amount of your bludge money to go to a group of people who actually need it?
Vote:September 7th, 2009 at 9:56 pm
shut the fuck up hurf..!
i’ll talk about whatever i want to talk about..
why don’t you answer the question..?..adress the subject..
we are near the fucken bottom of the list in caring for our children..
..we used to be at the top..
don’t you even have a spark of intellectual curiousity as to how this came about..?
as to wht ideologies/policies took us from te top..to the bottom..?
why so silent on this..?
and yet you will all scream for months on end for the ‘right’ to hit children..?
boy..!..are you some fucked up people..!
or what..?
phil(whoar.co.nz)
Vote:September 7th, 2009 at 10:04 pm
Ooooh, someone’s stolen phool’s precious biscuit. What is it today, phool? You’ve been strangely quiet. Is it the referendum to smack, not hit, children? Is it the impending destruction of MMP? Is it Van Jones?
Vote:September 7th, 2009 at 10:14 pm
..DPF: Best solution to child poverty is to get the parents off welfare and working].”
and those children ..who thru accident of birth/w.h.y..are in that position..
they can just rot..eh..?
their lives hoisted on yr little rightwing cliche..?
and my question still stands..
this subject is not important enough for you to bother doing a post on..eh..?
bothy you and i know why you want this subject just closed down..eh..?
‘solving’ this .. to you..means beating up on the worst off even more..
and you know that any real ‘solutions’..will cost you in higher taxes..eh..?
(and you need every penny..eh..?
fuck the kids in grinding poverty..!
d.p.f. is a lot like roger douglas..
he must have his holidays..
..and more tax cuts..?
eh..?
oh..!..and where exactly are all these jobs..?..dpf..?
for these parents you want to ‘force off welfare’..?
once again..who gives a fuck..?..eh..?
they can just continue to rot..eh d.p.f..?
no ‘poor’ kids amongst those you ‘uncled’ to that island..?
eh..?
(fortunate ‘accidents of birth’ for them..?..was it..?..)
phil(whoar.co.nz)
Vote:September 7th, 2009 at 10:20 pm
you sneer from high on the hog farrar..
it just means you have a longer way to fall..
‘cos one thing we ain’t gonna need after the ‘crash’..
is polling/focus-groups..eh..?
your whole financial world is just gonna end..eh..?
you might even get a whole new perspective on poverty/hardship..eh..?
just how ‘secure’ is your government-money-fed/sustained house of cards..?
..anyway..?
phil(whoar.co.nz)
Vote:September 7th, 2009 at 10:20 pm
Maybe if you started a business instead of bludged, those jobs would be there. Or maybe you could fuck off to Venezuela.
Though it’s interesting you talk of “accidents of birth,” considering you’re one of their number.
Vote:September 7th, 2009 at 10:38 pm
i mean..if you have half a brain..and one eye open..
you know that all this recession-is-over/’green-shoots’ talk is just absolute horseshit..
..and that we are headed for the mother of all crashes ..
(just one fact to ponder..the american govt fund used to prop up/buy failing banks..is nearly empty/tapped-out.
with many many more banks due to fail in the very near future..
and a ‘consumer-led-recovery’..?
that one is knee-slappingly ‘funny’..
why don’t you face up to all these realities/problems we all have ..as a country..in front of us..dpf..?
instead of just using your forum to peddle rightwing/govt propaganda..?
we are in deep shit..
and the longer we just ignore it..
the worse it will be..
wake up dpf..!
smell the depression..!
phil(whoar.co.nz)
Vote:September 7th, 2009 at 10:53 pm
Wow phil, you’re even more hysterical and nonsensical today than usual, if thats possible.
Vote:Now can you please refute the obvious and proven links between welfare dependency and child abuse?
September 7th, 2009 at 10:54 pm
you know that all this recession-is-over/’green-shoots’ talk is just absolute horseshit..
..and that we are headed for the mother of all crashes ..
I know. Thanks to left wing government intervention. “We’re all Keynesians now!” The growth that Australia’s gained is superficial and Britain’s going down the crapper soon.
..eh?..
Vote:September 7th, 2009 at 10:59 pm
Good grief!!
Have another hit of the bong phool, you are in fine form, ya social misfit.
Vote:September 7th, 2009 at 11:03 pm
Haha agreed Hurf.
Vote:I sometimes engage with philu against my better instincts in the forlorn hope we may be able to make him see sense, unfortunately this is never successful and his hazy communist rants continue
September 7th, 2009 at 11:06 pm
geez Phool you’re a joke.
why’s ‘accidents of birth’ my fucken problem. adopt them out – (or use protection)
Vote:September 7th, 2009 at 11:09 pm
Philu, have a read of this:
http://www.melaniephillips.com/articles-new/?p=633
and
http://lindsaymitchell.blogspot.com/2009/09/time-to-do-nothing.html
Then telll us why you cant raise a child yourself and need other kiwis to pay for it, when many of us (myself included) who were raised by solo parents who just hardened up and worked hard to provide for us, isntead of being bitter, lazy and blaming everyone else
Vote:September 7th, 2009 at 11:19 pm
“it just means you have a longer way to fall..”
so phool, what’s it like down there – can you show us all how to get a PC, internet and life long state support?
……and why are you so worried about the crash??? – you already did!
Vote:September 7th, 2009 at 11:27 pm
shouldnt you be in bed whore..big day at work tomorrow…ppfffttt…
Vote:September 7th, 2009 at 11:38 pm
Hmmmm apart from Philu’s personal attack shit in his last post I reckon the rest is pretty accurate. Hate to say it but the US economy and market has no clothes. It is only a matter of time before it implodes, or worse.
Vote:September 7th, 2009 at 11:54 pm
I’ve got a HUGE day at work tomorrow, you know how it is – people to keep, tax to pay, bills to ignore.
Vote:September 8th, 2009 at 7:21 am
heh..!..starr proves his ingrained ignorances..once again..
‘accident of birth’..dosen’t actually mean ‘illegitimate/unwanted…eh..?
numbnuts..!
(do you have anyone who could explain that ‘finer-point’ to/for you..?
(and i see treasury has announced (again!)..that ‘the recession is over’..
(who can forget their pre-election ;it’ll be all over just after christmas!’ howler..?
..eh..?
(how many times is that now..?..)
i guess if they just keep on saying it all the time..they will be ‘right’..once..
won’t they..?
(talk about not being able to see the forest for the trees…eh..?
these clowns can’t even see the thicket…)
phil(whoar.co.nz)
Vote: