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kangarooistan
Guest
|
 Posted: Tue Aug 19, 2008 2:17 am Post subject: why bring in more black brown and Asian workers so the whit |
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Australia has hundreds of thousands of black workers and their
children who the white christians racists have bashed robbed jailed
abused and crippled so they can no longer function so are thrown in
jail or into the gutter to die
why bring in more black brown and Asian workers for the racist white
people to destroy , let the white christian capitalists learn how to
treat its existing black brown and Asian workers before we let them
destroy the next batch of cheap labour
kangarooistan
==========
Calls for Pacific worker scheme to include Aborigines
Posted 3 hours 34 minutes ago
Updated 3 hours 10 minutes ago
'This is not rocket science': Warren Mundine
'
Aboriginal leader Warren Mundine is calling for unemployed Indigenous
Australians to be part of a new scheme to fill the worker shortage in
the horticulture industry.
Pacific Islander workers from four countries will soon be eligible for
a visa to Australia to harvest fruit and vegetables for up to seven
months of the year.
Mr Mundine says Aboriginal people looking for a job should be able to
join the pilot scheme.
"This is not rocket science here," he said.
"What we're going to be doing for the guest workers we need to do
exactly for the Aboriginal workers who are here at home.
"Both schemes can go hand in hand and I think they'll have a great
outcome for both communities."
Mr Mundine says the scheme could be a way to tackle unemployment
problems in Australia's Aboriginal communities.
"Yes, we need to help the Pacific Islander communities with their
economies, but at the same time we also need to deal with vast
unemployment in Aboriginal communities," he said.
Mr Mundine says the Federal Government and Aboriginal communities need
to to take a new approach to dealing with employment. |
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the man from Havana
Guest
|
| Posted: Tue Aug 19, 2008 2:23 am Post subject: Re: why bring in more black brown and Asian workers so the w |
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On Aug 19, 12:17 pm, kangarooistan <elea.namatj...@gmail.com>
Yeah , we'd employ you lot but you're all busy getting drunk /
looting / smashing government houses / robbing white folks / asking
for handouts / raping your own children.....
Should I continue......Grubb ! |
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kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 3:26 am Post subject: Re: why bring in more black brown and Asian workers so the w |
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On Aug 19, 11:23 am, the man from Havana <johnvonl...@hotmail.com>
wrote:
| Quote: | On Aug 19, 12:17 pm, kangarooistan <elea.namatj...@gmail.com
Yeah , we'd employ you lot but you're all busy getting drunk /
looting / smashing government houses / robbing white folks / asking
for handouts / raping your own children.....
Should I continue......Grubb !
|
its people like you that means all white christians mustsooner or
later be sent back where they came from
clearly the white christians will never arrest you , so they must now
pay for their crimes and yours
after 200 years you have had your chance and clearly white christians
will never fit in or arest people like you
there is no other option but to send all whites back where they came
from |
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Benway
Guest
|
| Posted: Tue Aug 19, 2008 8:29 am Post subject: Re: why bring in more black brown and Asian workers so the w |
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kangarooistan wrote:
| Quote: | Australia has hundreds of thousands of black workers and their
children who the white christians racists have bashed robbed jailed
abused and crippled so they can no longer function so are thrown in
jail or into the gutter to die
why bring in more black brown and Asian workers for the racist white
people to destroy , let the white christian capitalists learn how to
treat its existing black brown and Asian workers before we let them
destroy the next batch of cheap labour
kangarooistan
==========
Calls for Pacific worker scheme to include Aborigines
Posted 3 hours 34 minutes ago
Updated 3 hours 10 minutes ago
'This is not rocket science': Warren Mundine
'
Aboriginal leader Warren Mundine is calling for unemployed Indigenous
Australians to be part of a new scheme to fill the worker shortage in
the horticulture industry.
Pacific Islander workers from four countries will soon be eligible for
a visa to Australia to harvest fruit and vegetables for up to seven
months of the year.
Mr Mundine says Aboriginal people looking for a job should be able to
join the pilot scheme.
"This is not rocket science here," he said.
"What we're going to be doing for the guest workers we need to do
exactly for the Aboriginal workers who are here at home.
"Both schemes can go hand in hand and I think they'll have a great
outcome for both communities."
Mr Mundine says the scheme could be a way to tackle unemployment
problems in Australia's Aboriginal communities.
"Yes, we need to help the Pacific Islander communities with their
economies, but at the same time we also need to deal with vast
unemployment in Aboriginal communities," he said.
Mr Mundine says the Federal Government and Aboriginal communities need
to to take a new approach to dealing with employment.
************************************** |
In South Africa, things are so desperate
that the locals burnt their black brothers
alive because they tried to escape into
South Africa from the catastrophe of Zimbabwe.
When you are in dire straits you don't care
about skin colour or race. If you are desperate
you are colour-blind. There has been plenty of
massive black-on-black butchery in Africa.
But the billionaires slept soundly, and safely.
******************************************* |
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kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 12:39 pm Post subject: "whopper" bank is going to "go under".IMF chief economist wa |
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"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added. |
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kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 1:20 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
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On Aug 19, 9:39 pm, kangarooistan <een...@gmail.com> wrote:
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
| Quote: |
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added. |
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kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 1:46 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
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nothing can save the usa ,or anybody in bed with them
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
ABC TV GUILD australia
http://www.abc.net.au/tv/guide/
..
SBS TV GUILD , australia
http://www.sbs.com.au/schedule
..
RADIO NATIONAL australia
News and analysis from Australia and the world
http://www.abc.net.au/rn/schedule/tue.htm
..
ISLAMONLINE NEWS, and views
http://www.islamonline.net/english/index.shtml
http://www.islamonline.net/discussione/index.jspa
ask the scholars
http://www.islamonline.net/servlet/Satellite?cid=1118742803355&pagena...
..
ALJAZEERA
http://english.aljazeera.net/
http://english.aljazeera.net/business/
http://english.aljazeera.net/news/middleeast/
http://english.aljazeera.net/news/asia-pacific/
http://english.aljazeera.net/news/asia/
http://english.aljazeera.net/news/europe/
http://english.aljazeera.net/news/americas/
http://english.aljazeera.net/news/africa/
httpd://english.aljazeera.net/your_views/ |
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Dean Jones
Guest
|
| Posted: Tue Aug 19, 2008 1:52 pm Post subject: Re: Sina's Challenge - I receive many emails from angry Musl |
|
|
I am amazed by your informative article. Two thumbs up.
On Aug 20, 11:08 pm, Raptor <rap...@usforces.gov> wrote:
| Quote: | Raptor wrote:
Sina's Challenge - I receive many emails from angry Muslims, who
sometimes beg me, and sometimes order me to remove this site. I consider
both, pleading and bullying, signs of psychopathology. Argumentum ad
baculum and argumentum ad misericordiam are both logical fallacies.,,If
you do not like this site and want me to remove it, instead of acting as
a bully or as a victim, disprove my charges against Muhammad logically.
Not only will I remove the site, I will publicly announce that Islam is
a true religion. I will also pay ,,$50,000 U.S. dollars ,,to anyone who
can disprove any of the dozen of the accusations that I have made
against Muhammad. I accuse Muhammad of being:,a narcissist a
misogynist a rapist,a pedophile a lecher a torturer -
http://www.faithfreedom.org/challenge.htm
Sina's Challenge - I receive many emails from angry Muslims, who
sometimes beg me, and sometimes order me to remove this site. I consider
both, pleading and bullying, signs of psychopathology. Argumentum ad
baculum and argumentum ad misericordiam are both logical fallacies.,,If
you do not like this site and want me to remove it, instead of acting as
a bully or as a victim, disprove my charges against Muhammad logically..
Not only will I remove the site, I will publicly announce that Islam
is a true religion. I will also pay ,,$50,000 U.S. dollars ,,to anyone
who can disprove any of the dozen of the accusations that I have made
against Muhammad. I accuse Muhammad of being:,a narcissist a
misogynist a rapist,a pedophile a lecher a torturer -http://www.faithfreedom.org/challenge.htm |
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kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 1:57 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
|
On Aug 19, 9:39 pm, kangarooistan <een...@gmail.com> wrote:
| Quote: | "whopper" bank is going to "go under".IMF chief economist warned.
ABC TV GUILD australia |
http://www.abc.net.au/tv/guide/
..
SBS TV GUILD , australia
http://www.sbs.com.au/schedule
..
RADIO NATIONAL australia
News and analysis from Australia and the world
http://www.abc.net.au/rn/schedule/tue.htm
..
ISLAMONLINE NEWS, and views
http://www.islamonline.net/english/index.shtml
http://www.islamonline.net/discussione/index.jspa
ask the scholars
http://www.islamonline.net/servlet/Satellite?cid=1118742803355&pagena...
..
ALJAZEERA
http://english.aljazeera.net/
http://english.aljazeera.net/business/
http://english.aljazeera.net/news/middleeast/
http://english.aljazeera.net/news/asia-pacific/
http://english.aljazeera.net/news/asia/
http://english.aljazeera.net/news/europe/
http://english.aljazeera.net/news/americas/
http://english.aljazeera.net/news/africa/
httpd://english.aljazeera.net/your_views/
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added. |
|
| |
|
| Back to top |
kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 2:08 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
|
On Aug 19, 9:39 pm, kangarooistan <een...@gmail.com> wrote:
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
| Quote: |
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added. |
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| Back to top |
kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 2:14 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
|
On Aug 19, 9:39 pm, kangarooistan <een...@gmail.com> wrote:
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
| Quote: |
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added. |
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| Back to top |
kangarooistan
Guest
|
| Posted: Tue Aug 19, 2008 3:15 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
|
On Aug 19, 11:32 pm, "Qahir Al-Ashrar" <alrajul_almona...@hotmail.com>
wrote:
| Quote: | "kangarooistan" <elea.namatj...@gmail.com> wrote in message
news:8e55ae05-9a19-4f3d-9d1f-63274bcc0420@d77g2000hsb.googlegroups.com...
On Aug 19, 9:39 pm, kangarooistan <een...@gmail.com> wrote:
"whopper" bank is going to "go under".IMF chief economist warned.
ABC TV GUILD australia
http://www.abc.net.au/tv/guide/
.
SBS TV GUILD , australia
http://www.sbs.com.au/schedule
.
RADIO NATIONAL australia
News and analysis from Australia and the world
http://www.abc.net.au/rn/schedule/tue.htm
.
ISLAMONLINE NEWS, and views
http://www.islamonline.net/english/index.shtml
http://www.islamonline.net/discussione/index.jspa
ask the scholars
http://www.islamonline.net/servlet/Satellite?cid=1118742803355&pagena...
.
ALJAZEERA
http://english.aljazeera.net/
http://english.aljazeera.net/business/
http://english.aljazeera.net/news/middleeast/
http://english.aljazeera.net/news/asia-pacific/
http://english.aljazeera.net/news/asia/
http://english.aljazeera.net/news/europe/
http://english.aljazeera.net/news/americas/
http://english.aljazeera.net/news/africa/
httpd://english.aljazeera.net/your_views/
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added.
..
I don't know how the readers can thank you "kangarooistan", but you get a
big thumbs up! Keep up the good work!
|
its a pleasure to help spread truth and justice , and to resist the
forces of darkness is the highest honour |
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| Back to top |
B J Foster
Guest
|
| Posted: Tue Aug 19, 2008 5:27 pm Post subject: Re: Sina's Challenge - I receive many emails from angry Musl |
|
|
Raptor wrote:
| Quote: | Sina's Challenge - I receive many emails from angry Muslims, who
sometimes beg me, and sometimes order me to remove this site. I consider
both, pleading and bullying, signs of psychopathology. Argumentum ad
baculum and argumentum ad misericordiam are both logical fallacies.,,If
you do not like this site and want me to remove it, instead of acting as
a bully or as a victim, disprove my charges against Muhammad logically.
Not only will I remove the site, I will publicly announce that Islam is
a true religion. I will also pay ,,$50,000 U.S. dollars ,,to anyone who
can disprove any of the dozen of the accusations that I have made
against Muhammad. I accuse Muhammad of being:,a narcissist a
misogynist a rapist,a pedophile a lecher a torturer -
http://www.faithfreedom.org/challenge.htm
|
http://russellsteapot.com/
*plonk* |
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Qahir Al-Ashrar
Guest
|
| Posted: Tue Aug 19, 2008 5:46 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
|
"kangarooistan" <eennah@gmail.com> wrote in message
news:2ae1d3ae-f4b6-434d-9137-a2efc54e4ec0@x35g2000hsb.googlegroups.com...
| Quote: |
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added.
|
I don't know how the readers can thank you "kangarooistan", but you get a
big thumbs up! Keep up the good work! |
|
| |
|
| Back to top |
Qahir Al-Ashrar
Guest
|
| Posted: Tue Aug 19, 2008 7:32 pm Post subject: Re: "whopper" bank is going to "go under".IMF chief economis |
|
|
"kangarooistan" <elea.namatjira@gmail.com> wrote in message
news:8e55ae05-9a19-4f3d-9d1f-63274bcc0420@d77g2000hsb.googlegroups.com...
| Quote: | On Aug 19, 9:39 pm, kangarooistan <een...@gmail.com> wrote:
"whopper" bank is going to "go under".IMF chief economist warned.
ABC TV GUILD australia
http://www.abc.net.au/tv/guide/
.
SBS TV GUILD , australia
http://www.sbs.com.au/schedule
.
RADIO NATIONAL australia
News and analysis from Australia and the world
http://www.abc.net.au/rn/schedule/tue.htm
.
ISLAMONLINE NEWS, and views
http://www.islamonline.net/english/index.shtml
http://www.islamonline.net/discussione/index.jspa
ask the scholars
http://www.islamonline.net/servlet/Satellite?cid=1118742803355&pagena...
.
ALJAZEERA
http://english.aljazeera.net/
http://english.aljazeera.net/business/
http://english.aljazeera.net/news/middleeast/
http://english.aljazeera.net/news/asia-pacific/
http://english.aljazeera.net/news/asia/
http://english.aljazeera.net/news/europe/
http://english.aljazeera.net/news/americas/
http://english.aljazeera.net/news/africa/
httpd://english.aljazeera.net/your_views/
"whopper" bank is going to "go under".IMF chief economist warned.
US bank 'to fail within months'
A "whopper" bank is going to "go under". Mr Rogoff said
The global financial crisis is set to get worse, with a large US bank
likely to collapse in the next few months, a former IMF chief
economist has warned.
Kenneth Rogoff's comments came as shares in Fannie Mae and Freddie Mac
sank on a report that the home lenders would, in effect, be
nationalised.
Despite hopes that the US economy had turned the corner, Mr Rogoff
claimed it was "not out of the woods".
"I would even go further to say 'the worst is to come'," he said.
"We're not just going to see mid-sized banks go under in the next few
months," said Mr Rogoff, who held the IMF role between 2001 and 2004.
"We're going to see a whopper, we're going to see a big one, one of
the big investment banks or big banks."
We have to see more consolidation in the financial sector before this
is over
Kenneth Rogoff
Speaking at a conference in Singapore, Mr Rogoff, now an economics
professor at Harvard, forecast that Fannie Mae and Freddie Mac would
"probably" not exist in their present form in a few years.
"We have to see more consolidation in the financial sector before this
is over."
On Monday, shares of Fannie Mae fell more than 22%, or $1.76, to close
at $6.15. Shares of Freddie Mac fell almost 25%, or $1.46, to $4.39.
'Wrong move'
Shares in Freddie and Fannie first fell sharply last month on fears
that they would run out of money to fund their business, forcing the
US government to take radical steps to ease the panic.
The two firms are the backbone of the US mortgage market as almost all
US lenders rely on them to buy their mortgages in order to access the
funds to lend to consumers.
As mortgage guarantors, they must pay out when homeowners default on
their loans.
With the housing market across the US crumbling, their finances have
come under severe stress.
Problems in the US housing sector prompted the Federal Reserve to
slash interest rates to 2% earlier this year.
But Mr Rogoff said the Fed was wrong to cut interest rates as
"dramatically" as it did.
"Cutting interest rates is going to lead to a lot of inflation in the
next few years in the United States," he added.
|
I don't know how the readers can thank you "kangarooistan", but you get a
big thumbs up! Keep up the good work! |
|
| |
|
| Back to top |
|
