Tuesday, October 28, 2008

When it's broke, make sure it's truly f**ked

The Greens have siad the RBNZ should require the Aussie banks to suspend dividend payments.

So the global financial system is under stress. Hey, let's get in there and make sure it really dies. If the Green's believe that the RBNZ is not charging enough for making credit readily available then the proper response is to say that the RBNZ should be charging a higher effective interest rate.

But then the Green's along with CAFCA have a lifelong habit of taking pot shots at the Aussie banks, regardless of whether it is warranted or not.

Vote for M.E.*?

*Myopia Extremis

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