tag:blogger.com,1999:blog-8434369190746987531.post2482894960665008129..comments2023-11-05T23:07:01.842+11:00Comments on Grog's Gamut: If the stimulus worked, why did Americain win the Cup?Greg Jerichohttp://www.blogger.com/profile/04956402439870441083noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8434369190746987531.post-23367817622767790232010-11-03T13:56:35.571+11:002010-11-03T13:56:35.571+11:00First property I bought the interest rate paid was...First property I bought the interest rate paid was 7 per cent. That was 50 years ago.<br />It would be good to be reminded every now and then just how interest rates have varied over the past 50 years. <br />Property is grossly inflated at present but people are still falling over themselves to purchase houses which are much bigger than they really need.<br />Why aren't politicians turning their attention to doing something about the capital gains being made on property and at the same time doing something about negative gearing. In my opinion that's what is scandalous, not interest rates.<br />It could be said that self-funded retirees have been underwriting homebuyers over the past while by accepting lower bank interest on savings and fewer, or no, dividends from money invested in superannuation funds and elsewhere.<br />As a shareholder in a Bank I cannot see why I should be expected to earn less a return than a shareholder in a mining company, an oil company or either of the big supermarkets.<br />Workers would not accept lower wages, so why should self-funded retirees continue to receive lower returns on investments?Alistair Baillieu-McEwannoreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-77723277852277961892010-11-03T04:40:28.190+11:002010-11-03T04:40:28.190+11:00The American election is definitely going to shed ...The American election is definitely going to shed some light on the future of the global economy. Even though President Obama has come under the lash recently, the Republicans have not proposed a realistic solution to the major problems either. I think the full recovery needs much more time and it is going to take a while before the budgets of various countries get into surplus, which certainly requires a number of necessary reforms to be put in place.ILThttp://twitter.com/ilovetorontoorgnoreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-35522492052004039132010-11-02T23:33:01.039+11:002010-11-02T23:33:01.039+11:00I think you mean "dig" not "did&quo...I think you mean "dig" not "did". Thanks for the article. So glad you are still hanging in the ether with us.Giddey Girlhttps://www.blogger.com/profile/09271033919763883909noreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-30702287396196174232010-11-02T23:16:51.106+11:002010-11-02T23:16:51.106+11:00Oh yeah, Americain won the Melbourne Cup because, ...Oh yeah, Americain won the Melbourne Cup because, like the Australian economy, it just keeps on winning. It's hot!Hillbilly Skeletonnoreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-22659570340829943852010-11-02T23:14:29.410+11:002010-11-02T23:14:29.410+11:00I picked Americain! My economy improved marginally...I picked Americain! My economy improved marginally today!Hillbilly Skeletonnoreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-1185902142111972112010-11-02T22:51:03.431+11:002010-11-02T22:51:03.431+11:00Hi Grog
Thankyou for another brilliant column as ...Hi Grog<br /><br />Thankyou for another brilliant column as they all are.<br />So good to have you back, in fact fantastic.<br /><br />Did Joe Hockey forget his hanky again, I didn't see him today.<br /><br />Why is that every time I select my excerpt for "Todays Links" that I pick the wrong sentense.<br /><br /> ( "arse what out of their pants and they were thisclose to needed to ring") <br /><br />Sorry Greg, but I know how particular you are, I am using the sentense, have corrected my copy.<br /><br />Cheers<br />Lynlynnoreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-78781089059155806882010-11-02T21:22:09.342+11:002010-11-02T21:22:09.342+11:00ah credit unions, don't you love emah credit unions, don't you love emAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-30489225701244581972010-11-02T21:18:34.078+11:002010-11-02T21:18:34.078+11:00oh Sonia, that is a beautiful quote.
Yep CBA - ba...oh Sonia, that is a beautiful quote.<br /><br />Yep CBA - bastards. But Westpac were bastards a while back. They seem to take it in turns...Greg Jerichohttps://www.blogger.com/profile/04956402439870441083noreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-60772653800453495282010-11-02T20:29:39.309+11:002010-11-02T20:29:39.309+11:00OK Ive calmed down a little from the anger I was f...OK Ive calmed down a little from the anger I was feeling earlier due to the CBA. I am going to be philosophical and say we've enjoyed a good 6 months. <br />Joe Hockey "this shows the government has lost control of the economy" . Get a grip Joe. <br />Anyway the Americain election will be something worth watching tomorrow/ tonightSoniahttps://www.blogger.com/profile/02129398639035921852noreply@blogger.comtag:blogger.com,1999:blog-8434369190746987531.post-85674533907552667402010-11-02T20:21:43.691+11:002010-11-02T20:21:43.691+11:00I'm waiting for the black friday sales!I'm waiting for the black friday sales!Marknoreply@blogger.com