Comments on: Fannie Mae and Freddie Mac Seized By U.S. Government http://www.dailyreckoning.com.au/fannie-mae-and-freddie-mac-seized-by-us-government/2008/09/11/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: ralph hill http://www.dailyreckoning.com.au/fannie-mae-and-freddie-mac-seized-by-us-government/2008/09/11/comment-page-1/#comment-41177 ralph hill Sat, 13 Sep 2008 00:28:43 +0000 http://www.dailyreckoning.com.au/?p=3686#comment-41177 nothing like robbing peter to pay paul ! maybe some more revenue enhancements for the peasants, and more tax relief for the elite. yikes, more of same. nothing like robbing peter to pay paul ! maybe some more revenue enhancements for the peasants, and more tax relief for the elite.

yikes, more of same.

]]> By: t http://www.dailyreckoning.com.au/fannie-mae-and-freddie-mac-seized-by-us-government/2008/09/11/comment-page-1/#comment-41083 t Fri, 12 Sep 2008 05:25:37 +0000 http://www.dailyreckoning.com.au/?p=3686#comment-41083 No chance in Brisbane. It was designed with a highway straight into the CBD...bugger The general ethos in Brisbane goes something like "lets live in our big house, and drive our big truck into market everyday"....ive grown up in Brisbane so I feel im justified in slashing at it. No chance in Brisbane. It was designed with a highway straight into the CBD...bugger

The general ethos in Brisbane goes something like "lets live in our big house, and drive our big truck into market everyday"....ive grown up in Brisbane so I feel im justified in slashing at it.

]]> By: Rob Roy http://www.dailyreckoning.com.au/fannie-mae-and-freddie-mac-seized-by-us-government/2008/09/11/comment-page-1/#comment-41059 Rob Roy Fri, 12 Sep 2008 00:51:42 +0000 http://www.dailyreckoning.com.au/?p=3686#comment-41059 The 6 seat big boot Australian AP6 Valiant with the slant 6 engine was at least half tonne lighter than the Chryslers that ran it in the US. The analogy could also be applied to the commute distances now to work, the malls, and the factory stores. Australia too has problems with obesity & complacency driven by the ingestion of US originated funny money. However, even though Sydney has stuffed up on infrastructure, in other regions we have at least a break even chance of slimming down. I wouldn't be trading places to live in a US society of repressed anger and guns in this crunch. For the US both candidates are "blamers" and both face the inevitability of the massive structural adjustment Howard mentions here. For everyone else in the world, especially those doing better or sitting on resources, well we better keep our heads down. The 6 seat big boot Australian AP6 Valiant with the slant 6 engine was at least half tonne lighter than the Chryslers that ran it in the US. The analogy could also be applied to the commute distances now to work, the malls, and the factory stores. Australia too has problems with obesity & complacency driven by the ingestion of US originated funny money. However, even though Sydney has stuffed up on infrastructure, in other regions we have at least a break even chance of slimming down. I wouldn't be trading places to live in a US society of repressed anger and guns in this crunch. For the US both candidates are "blamers" and both face the inevitability of the massive structural adjustment Howard mentions here. For everyone else in the world, especially those doing better or sitting on resources, well we better keep our heads down.

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