All Activity

No worse than you. I'm entitled to my opinion just as you are. Keep your opinions to yourself and I'll do the same.

Here's the most ridiculous thing I've heard for a while. I received a phone call this morning from the council in reply to my report of the nutcase who parked his motor scooter in the entrance of our local Woolies. In this shopping centre, there are two carparks, separated by the entry road. One is controlled by the council, the one in front of Woolies is controlled by Woolies. The council can't fine the guy because it was in the Woolies carpark. Woolies don't have the ability to issue a fine. The police say they don't have authority as it is private land. So the dickhead gets away with it. The demolished service station was pulled down about 5 years ago and has remained vacant land ever since.

Poor comment from a MODERATOR. Cut it OUT. YOU set a BAD example. The subject needs to be delved into a bit deeper. Nev

Litespeed, you should know better than to criticize Labor. They never make a mistake.

Look what Happened to Cohen? He's more Likely to treat you bad when you stop doing what HE wants. Nev

He pays them by rewarding them with good-paying Govt contracts, or with prime positions as lackeys to him, within the Govt.

That's pretty much all crap. Nev

"WONDER" .? Any sale is subject to review by the relevant Body and I am pretty sure there will be PLENTY of scrutiny of this. . Nev

Has Trump ever paid what he owes? You have to wonder why anyone would take on a job for him. How does he keep lawyers working for him?

I wander what country the international buyers will be from. More of a prime land falling in the hands of foreign investors.

I have no desire to watch "Melania, The Movie". BUT... I am most curious about E. Jean Carroll. Want to hear the story of the woman who took on Trump? The one who beat him in court. Twice. https://askejeanfilm.com/ The thrilling adventurous life of beloved advice columnist and journalist E. Jean Carroll, the only woman to beat Trump in court. Twice. "Ask E. JEAN" is the story of E. Jean Carroll’s life, from her early days as Miss Cheerleader USA to her rise as a journalist, author, and advice columnist. Carroll broke barriers as the first female editor at Esquire, Playboy, and Outside, helping to redefine women’s roles in media with her sharp wit and fearless voice. In recent years, she stirred public discourse by standing up to power, becoming the only woman to beat Donald Trump twice in court.... But I don't think she gas managed to make gropenfuhrer to actually pay her the court ordered compensation.

Do it right or it might be in bad taste.

Did you know that artists are not paid a fee for performing at the Superbowl halftime show? The NFL picks up the bill for staging the show but does not pay the artists a fee. The exposure of being on such a show is considered sufficient compensation.

Indeed.. And we are getting the fruits of that cave in now: https://www.abc.net.au/news/2026-02-09/independent-inquiry-launched-into-nacc-chief-defence-ties/106320954 Second time he is being investigated and still there... And people wonder whty the protest parties such as One Nation and Reform in the UK are breaking ground.. And why Chump gets elected a second time after a disastrous first round.

Normally, it does. It is when, why, and the way it is used that makes the difference. In the case of the GFC, the banks were largely on their knees. They had burned through their capital ratios and hand nothing left in the banl (a capital ration is the ratio of cash and cash like securities held compared with loan and other exposures on the books - more or less). There was a cred crunch at the time, which meant the money wasn't flowing between the banks. Banks need money to survive and the money markets help the banks manage their cash flows amongst other things. So, banks were burning though their cash at an alarming rate and a few did fold. So, QE was used to purchase government debt (and some high grade commercial debt) from the banks. The money to the government had already been lent, and the money provided to the banks helped them stabilise their balance sheets not increased their lending capacity. I think the RBA went one further and slowily cancelled the federal government debt that it purchased, but don't quote me on that. Because the banks needed the cash to stabolise the system, while money was added to the money supply through quantiative easing, nothing was really done with it that created a credit multiplying effect. However, it only lasts a certain time before it does create a credit multiplier effect (a lot longer in this case than many economists projected). Part of this is because the divisions of the banks that were the beneficiaries of QE by selling their government debt in the open market were parts of the banks that don't really lend to individuals nor small/medium business enterprises. It is usually very large corporate grade stuff and mostly government lending. This meant the government had a ready supply of cash available, partly to cover the cost of the bank bailouts (I know Australia didn't have them), but also to lond to those where eother the spend budget is already known (government) or where they will invest rather than consume. But, as you could see, time eventually runs out oin that space as well, and the dollar devalued (which is what happens with inflation).

I was always under the impression, anytime you printed a lot of notes without the necessary asset or productivity backing, you would only end up with a bad dose of inflation.

QE is a monetary policy lever that is uysed by central banks. It is where the central bank authorises printing of money to purchase the government debt already issued and usually held by private institutions. It is used to, in a more controlled manner than printing money and sending it straight into the hands of people to spend, increase the money supply in a drip feed way and stabilising the financials system.. It works well when done in moderation, but the deployment post GFC was, in the end, maintained for too long; well after the financial systems stabilised and credit markets flowed nicely again. The problem was they bought the bait that the financial markets become dependent on QE and the new money should still flow. Once stabilisied, you can withdraw QE in a gradual basis and allow the system not to rely on new money after a while. But what happened is that, after a while, when it was no longer needed to stabilise the money markets and other elements of the financial system, it became just another stimulus package and it contributed to inflation. Hindsight is wonderful.

I do try..

Keep counting.. At least 6 times.

That's a low bar.

Makes me proud to live in a little inconsquential no-account place that Chump couldn't even find on a map.

Doesn't that just 'roll off the tongue!'

He is a cunning linguist.

I hope your shift key is not too sensitive. We GET enough UPPER case letters when NOT necessary.

I doubt WE really have that Luxury. Trump is NEVER WRONG. (but I think it's MARY Trump they are referring to). America has started all recessions lately and this Fool could do the really BIG one, because HE's Clueless, Vain and Greedy beyond Belief. He's only EVER been in Real Estate where his Exaggerated Reputation was used to the full .Now He uses Stand over Tactics and tears up existing agreements and Treats Former Allies Like $#!t. THIS Damage will take A LONG time to repair if Indeed It is Possible at ALL. Once Shunned, Twice SHY. Who in their right Mind would TRUST PUTIN also? Bare Faced LIES to the United Nations. Nev