By: tobes95 29/08/2008 10:14 am Yahoo! Profile: tobes95 Did this message offend you? Sign in to report abuse |
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| upset whose applecart vallynz? maybe yours but it won't upset mine. |
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By: buckleyclaire@ymail.com 29/08/2008 10:15 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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| As for borrowing more, tell me do you own your own home? Did you buy that with cash? Well done you if you did. I don't know anyone that could afford to do that. They all got a mortgage, therefore borrowed money in order to make themselves better off. A simplistic example I know, but I think you get my point. |
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By: xtr459383@xtra.co.nz 29/08/2008 10:17 am Yahoo! Profile: xtr459383@xtra.co.nz Did this message offend you? Sign in to report abuse |
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vallynz,
Wow you are a perfect example of how this government makes people dependent on the state. Kiwi saver is another scheme to do just that. If Michael Cullen wanted to encourage NZers to save he could have far more cheaply simply stopped taxing everyones savings.
Now you appear to be saying that you will vote for labour because you don't want your kiwisaver disturbed! Voila gotcha! |
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By: jamisonjohn@rocketmail.com 29/08/2008 10:19 am Yahoo! Profile: jamisonjohn@rocketmail.com Did this message offend you? Sign in to report abuse |
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| yeah buckley, and look at all the mortgagee sales. |
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By: gam.wilson@xtra.co.nz 29/08/2008 10:20 am Yahoo! Profile: gam.wilson@xtra.co.nz Did this message offend you? Sign in to report abuse |
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Valley enz
To answer your question..Helen Clark is no ordinary passenger..She has the power to make or to change laws..Therefore she would have a standard..So why did she not use her authority..Cant have one rule for Helen another for us...She was not being chased by an enemy was she?... |
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By: xtr459383@xtra.co.nz 29/08/2008 10:21 am Yahoo! Profile: xtr459383@xtra.co.nz Did this message offend you? Sign in to report abuse |
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Jamison.
Bomber,
It appears that you have to remain a capitalist/communist hypocrite then:) |
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By: buckleyclaire@ymail.com 29/08/2008 10:23 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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Jamison
Are you really so naive as to think that mortgagee sales relate to anything more than the deregulated credit industry? Another Labour initiative. |
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By: jamisonjohn@rocketmail.com 29/08/2008 10:29 am Yahoo! Profile: jamisonjohn@rocketmail.com Did this message offend you? Sign in to report abuse |
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| i think its more to do with people borrowing too much and are now unable to pay it back |
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By: nomaza66 29/08/2008 10:36 am Yahoo! Profile: nomaza66 Did this message offend you? Sign in to report abuse |
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Why arent people able to pay the money they borrowed back?
Ask yourself that |
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By: xtr459383@xtra.co.nz 29/08/2008 10:36 am Yahoo! Profile: xtr459383@xtra.co.nz Did this message offend you? Sign in to report abuse |
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Um I don't suppose you both think it has something to do with the rise in interest rates and the fall in property values?
With this scenario its easy to see, unless one was sensibly conservative, how one could end up with a mortgage repayment that is beyond your budget and also be saddled with a property that is worth less than your mortgage:(
Sadly both the interest rates and the boom and bust of the property market are caused by Michael Cullen's ignorant fiscal spending:( |
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By: jamisonjohn@rocketmail.com 29/08/2008 10:37 am Yahoo! Profile: jamisonjohn@rocketmail.com Did this message offend you? Sign in to report abuse |
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| ask them, not me |
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By: buckleyclaire@ymail.com 29/08/2008 10:37 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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| Yes I agree, (can't beleive I just agreed with you) but a lot of that is to do with the deregulation of the credit industry. Anyone can borrow as much as they want and the business model was to employee's loan as much as you can. Hence we have mortgagee sales and endless closures of credit company's. That attitude is fine in a boom but in the current recession the fact that the credit company was so poorly regulated is impacting on everyone. Investors and borrowers alike. Whilst you can't blame Labour for the US prime mortgage disaster, which caused a global receission, they can be blamed for encouraging a climate of borrowing for purchases and spending beyond what you earn. This caused the current rate of inflation and the credit industry falling over. |
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By: buckleyclaire@ymail.com 29/08/2008 10:40 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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Xtr4
Absolutely right. Rise in interest rates fall of property. Some of that has to do with a badly run reserve bank. I am not at all impressed with Allan Bollard. However, if the credit industry was better regulated people would not have been able to overextend themselves as regulation would have stopped many of the loans being made in the first place. |
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By: jamisonjohn@rocketmail.com 29/08/2008 10:41 am Yahoo! Profile: jamisonjohn@rocketmail.com Did this message offend you? Sign in to report abuse |
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| wow xtr is cullen to blame for americas property bust as well. or englands. or just about anywhere else ffs. dont you read the others posts. THERES A WORLDWIDE CREDIT SQUEEZE. its not cullens or helens or the labour govts fault. im only gona tell you this another 46 times. |
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By: cliftonpands@xtra.co.nz 29/08/2008 10:45 am Yahoo! Profile: cliftonpands@xtra.co.nz Did this message offend you? Sign in to report abuse |
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| You pleople who can't see past the crooked smile in the playdough face all deserve to be on the same sinking ship as the person you support, all she has done for the past 9 years has been to feather her own nest and those of the dubious "women" who are riding her coat tails. Get a life people and pull your head out of the sand. The dog is on her way out. At last NZ has something to celebrate. |
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By: jamisonjohn@rocketmail.com 29/08/2008 10:48 am Yahoo! Profile: jamisonjohn@rocketmail.com Did this message offend you? Sign in to report abuse |
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| buckley, maybe it would have. but regulation of industry is not the way of the capitalist. he wants deregulation. its supposed to lead to increased competitiveness and more efficiency, higher production and lower prices. thats what you want isnt it? pity they have no control over what they have conjured. |
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By: buckleyclaire@ymail.com 29/08/2008 10:48 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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| Yay cliftonpands. here's hoping you are right. Though as woman I have been totally offended by most of her policies. |
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By: xtr459383@xtra.co.nz 29/08/2008 10:50 am Yahoo! Profile: xtr459383@xtra.co.nz Did this message offend you? Sign in to report abuse |
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Jamison,
If you had the first clue about economics you would know that a fully floating exchange rate insulates a country largely from the misfortunes of other countries.
Your statement would be correct if this was back in the Muldoon era when NZD was artificially tied to the USD etc.
Nowadays our money supply is our baby to stuff up as we please:)
Almost the only way that overseas markets could effect us is if they stop buying our exports, but right now we are in an export boom. Esp dairy products:) |
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By: garry-b@xtra.co.nz 29/08/2008 10:52 am Yahoo! Profile: garry-b@xtra.co.nz Did this message offend you? Sign in to report abuse |
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| todays the day, she will be gone if she does not get rid of the old guy,then she will have to give us a date for us to get rid of her and her dike clan |
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By: xtr459383@xtra.co.nz 29/08/2008 10:53 am Yahoo! Profile: xtr459383@xtra.co.nz Did this message offend you? Sign in to report abuse |
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buckleyclaire@ymail.com
Alan Bollard is bound by law to do what he does by the Reserve Bank Act. He has to react to the amount of inflation as caused by any reason. I do agree that perhaps he should have acted earlier and perhaps more firmly, but apart from that I wouldn't blame him for the situation. |
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By: buckleyclaire@ymail.com 29/08/2008 10:54 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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Hey Garyy-B
I don't like labour or their politics, but it's about policies and conduct not her as a person |
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By: buckleyclaire@ymail.com 29/08/2008 10:56 am Yahoo! Profile: buckleyclaire@ymail.com Did this message offend you? Sign in to report abuse |
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Xtr4
I don't blame him for the situation, I blame him for reacting so badly. The property boom and related inflaction was caused by overseas investors buying property with cash outright, not using mortgages, constantly upping the mortgage rates only hit the regular NZ home owner in the short term. He only needed to look at the property stats to know where the problem lay. |
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By: garry-b@xtra.co.nz 29/08/2008 10:57 am Yahoo! Profile: garry-b@xtra.co.nz Did this message offend you? Sign in to report abuse |
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| thats just it, she is the problem as a person,lies lies lies,then fluffs about as she is just clinging, sorry its her and her policys |
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By: xtr459383@xtra.co.nz 29/08/2008 10:57 am Yahoo! Profile: xtr459383@xtra.co.nz Did this message offend you? Sign in to report abuse |
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buckleyclaire,
Right on, lets not stoop to the "attack the person" that our prime minister uses in parliament:) |
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By: f.richards@xtra.co.nz 29/08/2008 10:58 am Yahoo! Profile: f.richards@xtra.co.nz Did this message offend you? Sign in to report abuse |
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| get a life u 'roo-sters' Helen has more "*****" than yr male choices! I imagine the dissenting voices are all from the bureau of unemployed? DPB not enough for you? Guess what! u won't have the same latitude in Roo-land, Aussies want workers . . so, "if you're not with Helen, then you must have one heck of a good reason", cu off at the airport; container wharf; Ferg's kayaks, and have a pleasant trip - lol |
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