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

skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #30 - Dec 14^th, 2010 at 3:13pm

The Libs have no intention of doing anything, when Hockey released his plan those in his own party ridiculed him and the banks laughed at him.
If the libs were sooooo concerned why didn't they do something when they were in gov for 12 of the past 15 years?
I find it interesting those here, like sprint, jump up and down like horny banshees that the gov have no right to encroach on the massive profits the banks make out of its customers, while at the same time whinge like screaming bay city rollers groupies that labor let the banks make these massive profits, hypocrites much.

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Sprintcyclist

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #31 - Dec 14^th, 2010 at 3:33pm

sorry idiot, that's what businesses are meant to do
Quote:

......the massive profits the banks make out of its customers......

go back and reread.

If coys make a huge enough profit, competitors come into the sector.
if running a bank was as easy as picking your nose, everyone would run banks.

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Verge

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #32 - Dec 14^th, 2010 at 3:57pm

Dnarever wrote on 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.

He did say, he said the banks will increase other fees accordingly in order to re-coup.

Making banks ban fees isnt the way to go, as they will always find a way. Increasing competition in the sector is a far better thing to start will.

There is no point banning exit fees, if you then dont also regulate the margin above the offical cash rate.

Oh and skip, its all well and good to say the Libs did nothing, but it wasnt until recently when every other industry was in decline that the banks have made record profits. No one is disputing the banks need to be reigned in. There is a difference between a healthy and strong profit, and just obscene.
By your standards the ALP in Victoria might as well sit at home for the next 4 years as they wont be free to make comment on anything.

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skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #33 - Dec 14^th, 2010 at 5:20pm

Quote:

By your standards the ALP in Victoria might as well sit at home for the next 4 years as they wont be free to make comment on anything.

Well to a degree I think that is true, Labor had a long time in gov in Vic so they are hardly in a position to bang on about things they should have addressed themselves.

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skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #34 - Dec 14^th, 2010 at 5:29pm

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

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Miss Anne Dryst

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #35 - Dec 14^th, 2010 at 5:38pm

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

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skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #36 - Dec 14^th, 2010 at 5:43pm

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

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Miss Anne Dryst

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #37 - Dec 14^th, 2010 at 5:45pm

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

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skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #38 - Dec 14^th, 2010 at 5:47pm

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:45pm:

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

Earth to mellie, no dont bother there's no one home.

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skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #39 - Dec 14^th, 2010 at 5:49pm

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:45pm:

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

Quote:

Currently, the Australian banking sector is dominated by four major banks: Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation.

there you go troll, its easy to search if you had a brain.

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Miss Anne Dryst

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #40 - Dec 14^th, 2010 at 5:49pm

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:45pm:

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

I guess you can't really count all the major banks as you've not passed counting up to 4.

This should help you

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Miss Anne Dryst

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #41 - Dec 14^th, 2010 at 5:50pm

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:49pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:45pm:

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

I guess you can't really count all the major banks as you've not passed counting up to 4.

This should help you

You should be used to doing the five jive.
How's Mrs Palmer?

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Miss Anne Dryst

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #42 - Dec 14^th, 2010 at 5:52pm

skippy. wrote on Dec 14^th, 2010 at 5:49pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:45pm:

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

Quote:

Currently, the Australian banking sector is dominated by four major banks: Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation.

there you go troll, its easy to search if you had a brain.

It's so easy to fool the unintelligent.
Now recall the question, there's more than 4 major banks within Australia.

Now here's a new experience for you, think about it!

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Miss Anne Dryst Gold Member Offline Australian Politics Posts: 2296 Sydney Gender:	Re: Wayne the wanker What about the existing CONTRACTS Reply #43 - Dec 14^th, 2010 at 5:55pm Where'd the little boy go?
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skippy.

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Re: Wayne the wanker What about the existing CONTRACTS
Reply #44 - Dec 14^th, 2010 at 5:55pm

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:52pm:

skippy. wrote on Dec 14^th, 2010 at 5:49pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:45pm:

skippy. wrote on Dec 14^th, 2010 at 5:43pm:

Miss Anne Dryst wrote on Dec 14^th, 2010 at 5:38pm:

skippy. wrote on Dec 14^th, 2010 at 5:29pm:

Quote:

If coys make a huge enough profit, competitors come into the sector

That doesn't happen in bank world ,kiwi fruit loops, if it did why have the 12 or so banks that existed been gobbled up ,mostly during the Liberal reign, to only have four left standing? Under the Libs this country lost most of its banking competition. But they are not the only ones to blame, the worst thing Labor ever did was sell off the Comm bank, without a gov run bank the private sector banks do as they please.

There's more than 4 banks in Australia.

There's 4 major banks numbnut, because the 4 majors bought up all the small ones.That's why competition is so limited, get an adult to explain it to you.

There's more than 4 major banks in Australia, numbnut!

How about you do some research first before you post your crap!

Quote:

Currently, the Australian banking sector is dominated by four major banks: Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation.

there you go troll, its easy to search if you had a brain.

It's so easy to fool the unintelligent.
Now recall the question, there's more than 4 major banks within Australia.

Now here's a new experience for you, think about it!

Piss off troll, dogs breath bores me.

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