Aussie investors win ‘servile stakes’
by budgie Friday, Oct 31 2008, 11:40pm
international /
social/political /
commentary
Desperate citizens who had their investments/funds frozen have been ‘allowed,’ by the ‘big-hearted’ regulator, to access small amounts of their funds to meet the costs of daily life – how bloody generous! The magnanimity of the regulator, ASIC, and the parasitic financial institutions is ‘beyond measure.’ All I can say in the circumstances is, ‘you’re’ damn lucky you haven’t any of my funds frozen, you loathsome parasites! Productive citizens do not work for 50 years only to have their investments hijacked by management when funds are needed most. Perhaps a freeze on the million dollar wages of fund managers and directors may serve to awaken a degree of compassion and morality in these despicable creatures. But of course, I forgot, bankers and financiers are the lowest form of human life on the planet; who else would pay themselves handsomely while denying others the financial means of survival?
Investment houses will no doubt suffer the consequences of their actions; in fact they have guaranteed a future run on redemptions far worse than it would otherwise have been; notwithstanding the massive loss of public confidence.
It should be noted the crisis was precipitated by an ill-considered action of the Rudd government to only offer government guarantees on savings in certain institutions. I do not suggest for a minute that (opposition) conservatives would have performed any better; historically, it is the conservatives that ruin and the left that salvages but today distinctions are negligible; BOTH major parties take orders and serve the same interests!
Former insider banker Allan Moss, would probably advise an identity change so the dumbarse public re-invests in the same or subsidiary companies presenting a different ‘face!’
It seems that PRIVILEGED CEOs and Corporate directors are less accountable and are given more latitude by the State than the rest of us; Howard was the first cringing Australian leader to attack Australian values and attempt to replace them with clearly inferior American social values. Rudd seems determined to follow in his hero’s footsteps!
I was astounded yesterday when a number of primary school girls, ‘trick or treated’ me in the street – for Pete’s sake! With a broad smile and good humour, I explained to the girls that we are Australian and that Halloween is an American custom. I also explained that Americans like to fight wars, kill people and steal their property but Aussies are friends to everyone and help those in need – they loved it! What are Oz teachers doing these days, I would like to know? Who is responsible for the Americanisation of Australia? A very big ‘treat’ may be in store for those cringing cowards and stinking TRAITORS!
http://www.abc.net.au/news/stories/2008/11/01/2407453.htm
<< back to stories
|