Australian Politics Forum - Wayne the wanker What about the existing CONTRACTS

Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #15 - Dec 14^th, 2010 at 11:29am

Dnarever wrote on Dec 14^th, 2010 at 11:03am:

Quote:

Joe Hockey says the move to scrap mortgage exit fees will backfire

Not exactly a lot of credability form a member of a former government which did nothing about this.

However what he is saying is the the banks will just find another way to rip off customers, he is probably correct on that and as a liberal would be a supporter of the practice.

Yawn DNA.

If your only response to Hockey is "you did nothing when in power" why dont we just clean the house of every single pollie who is of a former government in power.

Or you could evaluate what they have to say and form an opinion on the principles.

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Sprintcyclist Gold Member Offline OzPolitic Posts: 40717 Gender:	Re: Wayne the wanker What about the existing CONTRACTS Reply #16 - Dec 14^th, 2010 at 11:47am What defeatist mentality do the leftwads have, that they see a profit as being evil ????????
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Miss Anne Dryst

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #17 - Dec 14^th, 2010 at 12:14pm

Verge wrote on Dec 14^th, 2010 at 11:29am:

Dnarever wrote on Dec 14^th, 2010 at 11:03am:

Quote:

Joe Hockey says the move to scrap mortgage exit fees will backfire

Not exactly a lot of credability form a member of a former government which did nothing about this.

However what he is saying is the the banks will just find another way to rip off customers, he is probably correct on that and as a liberal would be a supporter of the practice.

Yawn DNA.

If your only response to Hockey is "you did nothing when in power" why dont we just clean the house of every single pollie who is of a former government in power.

Or you could evaluate what they have to say and form an opinion on the principles.

It might happen when Halley's comet makes a return.

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Dnarever

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #18 - Dec 14^th, 2010 at 1:32pm

Sprintcyclist wrote on Dec 14^th, 2010 at 11:47am:

What defeatist mentality do the leftwads have, that they see a profit as being evil ????????

There is a difference between making an honest profit and ripping people off.

Libralites fail to see any difference.

Most people with a view from around the centre see profit as a good thing; all employees understand that the business being a success is vital to their continued employment.

Although at the same time realise that unfair practices which include ripping off their employees and customers as not such a positive or sustainable practice.

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Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #19 - Dec 14^th, 2010 at 1:39pm

Dnarever wrote on Dec 14^th, 2010 at 1:32pm:

Sprintcyclist wrote on Dec 14^th, 2010 at 11:47am:

What defeatist mentality do the leftwads have, that they see a profit as being evil ????????

There is a difference between making an honest profit and ripping people off.

Libralites fail to see any difference.

Most people with a view from around the centre see profit as a good thing; all employees understand that the business being a success is vital to their continued employment.

Although at the same time realise that unfair practices which include ripping off their employees and customers as not such a positive or sustainable practice.

Interesting how you target the Liberals, considering if big Shrek had not of got into Swan a month ago none of this would be moving.

Swan promised 3 years ago and is only starting to deliever after intense pressure from the Libs, why is that?

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Dnarever

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #20 - Dec 14^th, 2010 at 1:42pm

Verge wrote on Dec 14^th, 2010 at 11:29am:

Dnarever wrote on Dec 14^th, 2010 at 11:03am:

Quote:

Joe Hockey says the move to scrap mortgage exit fees will backfire

Not exactly a lot of credability form a member of a former government which did nothing about this.

However what he is saying is the the banks will just find another way to rip off customers, he is probably correct on that and as a liberal would be a supporter of the practice.

Yawn DNA.

If your only response to Hockey is "you did nothing when in power" why dont we just clean the house of every single pollie who is of a former government in power.

Or you could evaluate what they have to say and form an opinion on the principles.

Hockey had nothing to say with principals involved he simply threw out a one liner with little actual meaning on a subject where he has been proven a failure himself.

Hockey has not explained his position, he has no alternate option except to allow the current situation to continue because it is all too hard and the banks will only circumvent the change.

The previous Lib policy in this area was to do nothing and their current policy is the same.

I would think that he is sniping from a position with little strength and no credability.

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Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #21 - Dec 14^th, 2010 at 1:49pm

Dnarever wrote on Dec 14^th, 2010 at 1:42pm:

Verge wrote on Dec 14^th, 2010 at 11:29am:

Dnarever wrote on Dec 14^th, 2010 at 11:03am:

Quote:

Joe Hockey says the move to scrap mortgage exit fees will backfire

Not exactly a lot of credability form a member of a former government which did nothing about this.

However what he is saying is the the banks will just find another way to rip off customers, he is probably correct on that and as a liberal would be a supporter of the practice.

Yawn DNA.

If your only response to Hockey is "you did nothing when in power" why dont we just clean the house of every single pollie who is of a former government in power.

Or you could evaluate what they have to say and form an opinion on the principles.

Hockey had nothing to say with principals involved he simply threw out a one liner with little actual meaning on a subject where he has been proven a failure himself.

Hockey has not explained his position, he has no alternate option except to allow the current situation to continue because it is all too hard and the banks will only circumvent the change.

The previous Lib policy in this area was to do nothing and their current policy is the same.

I would think that he is sniping from a position with little strength and no credability.

Care to show me where that is their current position, because according to them this is their position;

Banking Sector Reform – the Coalition’s 9-point policy recommendations:

1: Give the ACCC power to investigate anti-competitive price signalling.

2: Encourage the Australian Prudential Regulation Authority to investigate whether the major banks are taking on unnecessary risks trying to maximise short-term returns.

3: Mandate the RBA to publish regular reports on bank net interest margins, returns on equity, and profitability to determine whether the major banks are extracting monopolistic profits.

4: Investigate allowing Aussie Post to make its 3,800 branches available as distribution channels for smaller lenders.

5: Ask the Treasury and the RBA to investigate ways to further improve the liquidity of the residential and commercial mortgage backed securities markets.6: Explore further simplification of the Financial Services Reform Act, to make the business of actually getting out and doing business easier.

7: Direct the Australian Prudential Regulation Authority to explore whether the risk-weightings on business loans secured by residential properties are punitive.

8: Commission a resolution to the debate about whether the banks should be able to issue “covered bonds”.9: And let’s wrap up all of this work into a full review of the financial system.

A couple look pretty familar too.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Dnarever

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #22 - Dec 14^th, 2010 at 1:55pm

Verge wrote on Dec 14^th, 2010 at 1:39pm:

Dnarever wrote on Dec 14^th, 2010 at 1:32pm:

Sprintcyclist wrote on Dec 14^th, 2010 at 11:47am:

What defeatist mentality do the leftwads have, that they see a profit as being evil ????????

There is a difference between making an honest profit and ripping people off.

Libralites fail to see any difference.

Most people with a view from around the centre see profit as a good thing; all employees understand that the business being a success is vital to their continued employment.

Although at the same time realise that unfair practices which include ripping off their employees and customers as not such a positive or sustainable practice.

Interesting how you target the Liberals, considering if big Shrek had not of got into Swan a month ago none of this would be moving.

Swan promised 3 years ago and is only starting to deliever after intense pressure from the Libs, why is that?

I was simply responding to the absurd generic statment which had been put.

Relating that responce back into the main topic is misleading.

Quote:

Interesting how you target the Liberals, considering if big Shrek had not of got into Swan a month ago none of this would be moving.

Shrek pushing Swan to go forward with a policy direction which they do not support?

Why would he do that?

Now there is some constructive opposition - NOT.

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Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #23 - Dec 14^th, 2010 at 1:59pm

Dnarever wrote on Dec 14^th, 2010 at 1:55pm:

Verge wrote on Dec 14^th, 2010 at 1:39pm:

Dnarever wrote on Dec 14^th, 2010 at 1:32pm:

Sprintcyclist wrote on Dec 14^th, 2010 at 11:47am:

What defeatist mentality do the leftwads have, that they see a profit as being evil ????????

There is a difference between making an honest profit and ripping people off.

Libralites fail to see any difference.

Most people with a view from around the centre see profit as a good thing; all employees understand that the business being a success is vital to their continued employment.

Although at the same time realise that unfair practices which include ripping off their employees and customers as not such a positive or sustainable practice.

Interesting how you target the Liberals, considering if big Shrek had not of got into Swan a month ago none of this would be moving.

Swan promised 3 years ago and is only starting to deliever after intense pressure from the Libs, why is that?

I was simply responding to the absurd generic statment which had been put.

Relating that responce back into the main topic is misleading.

Quote:

Interesting how you target the Liberals, considering if big Shrek had not of got into Swan a month ago none of this would be moving.

Shrek pushing Swan to go forward with a policy direction which they do not support?

Why would he do that?

Now there is some constructive opposition - NOT.

He pushed him into getting his banking reform policy going by getting their own out first.

Care to offer proof the Liberal Party is against banking reform?

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Dnarever

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #24 - Dec 14^th, 2010 at 2:00pm

Verge wrote on Dec 14^th, 2010 at 1:49pm:

Dnarever wrote on Dec 14^th, 2010 at 1:42pm:

Verge wrote on Dec 14^th, 2010 at 11:29am:

Dnarever wrote on Dec 14^th, 2010 at 11:03am:

Quote:

Joe Hockey says the move to scrap mortgage exit fees will backfire

Not exactly a lot of credability form a member of a former government which did nothing about this.

However what he is saying is the the banks will just find another way to rip off customers, he is probably correct on that and as a liberal would be a supporter of the practice.

Yawn DNA.

If your only response to Hockey is "you did nothing when in power" why dont we just clean the house of every single pollie who is of a former government in power.

Or you could evaluate what they have to say and form an opinion on the principles.

Hockey had nothing to say with principals involved he simply threw out a one liner with little actual meaning on a subject where he has been proven a failure himself.

Hockey has not explained his position, he has no alternate option except to allow the current situation to continue because it is all too hard and the banks will only circumvent the change.

The previous Lib policy in this area was to do nothing and their current policy is the same.

I would think that he is sniping from a position with little strength and no credability.

Care to show me where that is their current position, because according to them this is their position;

Banking Sector Reform – the Coalition’s 9-point policy recommendations:

1: Give the ACCC power to investigate anti-competitive price signalling.

2: Encourage the Australian Prudential Regulation Authority to investigate whether the major banks are taking on unnecessary risks trying to maximise short-term returns.

3: Mandate the RBA to publish regular reports on bank net interest margins, returns on equity, and profitability to determine whether the major banks are extracting monopolistic profits.

4: Investigate allowing Aussie Post to make its 3,800 branches available as distribution channels for smaller lenders.

5: Ask the Treasury and the RBA to investigate ways to further improve the liquidity of the residential and commercial mortgage backed securities markets.6: Explore further simplification of the Financial Services Reform Act, to make the business of actually getting out and doing business easier.

7: Direct the Australian Prudential Regulation Authority to explore whether the risk-weightings on business loans secured by residential properties are punitive.

8: Commission a resolution to the debate about whether the banks should be able to issue “covered bonds”.9: And let’s wrap up all of this work into a full review of the financial system.

A couple look pretty familar too.

And I thought the topic and critisism was about exit fees?

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Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #25 - Dec 14^th, 2010 at 2:02pm

Dnarever wrote on Dec 14^th, 2010 at 2:00pm:

Verge wrote on Dec 14^th, 2010 at 1:49pm:

Dnarever wrote on Dec 14^th, 2010 at 1:42pm:

Verge wrote on Dec 14^th, 2010 at 11:29am:

Dnarever wrote on Dec 14^th, 2010 at 11:03am:

Quote:

Joe Hockey says the move to scrap mortgage exit fees will backfire

Not exactly a lot of credability form a member of a former government which did nothing about this.

However what he is saying is the the banks will just find another way to rip off customers, he is probably correct on that and as a liberal would be a supporter of the practice.

Yawn DNA.

If your only response to Hockey is "you did nothing when in power" why dont we just clean the house of every single pollie who is of a former government in power.

Or you could evaluate what they have to say and form an opinion on the principles.

Hockey had nothing to say with principals involved he simply threw out a one liner with little actual meaning on a subject where he has been proven a failure himself.

Hockey has not explained his position, he has no alternate option except to allow the current situation to continue because it is all too hard and the banks will only circumvent the change.

The previous Lib policy in this area was to do nothing and their current policy is the same.

I would think that he is sniping from a position with little strength and no credability.

Care to show me where that is their current position, because according to them this is their position;

Banking Sector Reform – the Coalition’s 9-point policy recommendations:

1: Give the ACCC power to investigate anti-competitive price signalling.

2: Encourage the Australian Prudential Regulation Authority to investigate whether the major banks are taking on unnecessary risks trying to maximise short-term returns.

3: Mandate the RBA to publish regular reports on bank net interest margins, returns on equity, and profitability to determine whether the major banks are extracting monopolistic profits.

4: Investigate allowing Aussie Post to make its 3,800 branches available as distribution channels for smaller lenders.

5: Ask the Treasury and the RBA to investigate ways to further improve the liquidity of the residential and commercial mortgage backed securities markets.6: Explore further simplification of the Financial Services Reform Act, to make the business of actually getting out and doing business easier.

7: Direct the Australian Prudential Regulation Authority to explore whether the risk-weightings on business loans secured by residential properties are punitive.

8: Commission a resolution to the debate about whether the banks should be able to issue “covered bonds”.9: And let’s wrap up all of this work into a full review of the financial system.

A couple look pretty familar too.

And I thought the topic and critisism was about exit fees?

Just merely proving the Liberal Party does indeed have a position on banking reform, one you claimed they didnt.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Sprintcyclist Gold Member Offline OzPolitic Posts: 40717 Gender:	Re: Wayne the wanker What about the existing CONTRACTS Reply #26 - Dec 14^th, 2010 at 2:11pm Quote: 4: Investigate allowing Aussie Post to make its 3,800 branches available as distribution channels for smaller lenders. a novel idea, merits pursuing
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Dnarever

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #27 - Dec 14^th, 2010 at 2:18pm

Verge wrote on Dec 14^th, 2010 at 2:02pm:

Dnarever wrote on Dec 14^th, 2010 at 2:00pm:

And I thought the topic and critisism was about exit fees?

Just merely proving the Liberal Party does indeed have a position on banking reform, one you claimed they didnt.

Quote:

But Opposition treasury spokesman Joe Hockey says the move to scrap mortgage exit fees will backfire.

The topic , the critisism from Schrek and my comments related to exit fees, I made no comment on general banking reform.

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Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #28 - Dec 14^th, 2010 at 2:32pm

Dnarever wrote on Dec 14^th, 2010 at 2:18pm:

Verge wrote on Dec 14^th, 2010 at 2:02pm:

Dnarever wrote on Dec 14^th, 2010 at 2:00pm:

And I thought the topic and critisism was about exit fees?

Just merely proving the Liberal Party does indeed have a position on banking reform, one you claimed they didnt.

Quote:

But Opposition treasury spokesman Joe Hockey says the move to scrap mortgage exit fees will backfire.

The topic , the critisism from Schrek and my comments related to exit fees, I made no comment on general banking reform.

And why is he saying it will backfire?

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Dnarever

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #29 - Dec 14^th, 2010 at 2:52pm

Verge wrote on Dec 14^th, 2010 at 2:32pm:

Dnarever wrote on Dec 14^th, 2010 at 2:18pm:

Verge wrote on Dec 14^th, 2010 at 2:02pm:

Dnarever wrote on Dec 14^th, 2010 at 2:00pm:

And I thought the topic and critisism was about exit fees?

Just merely proving the Liberal Party does indeed have a position on banking reform, one you claimed they didnt.

Quote:

But Opposition treasury spokesman Joe Hockey says the move to scrap mortgage exit fees will backfire.

The topic , the critisism from Schrek and my comments related to exit fees, I made no comment on general banking reform.

And why is he saying it will backfire?

That is part of the critisism he isnt saying.

The assumption is that he means that the banks will circumvent any benifit by increasing the entrance fees or interest rates.

Maybe - maybe not - maybe partially

or:

he could be talking about something else.

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