Author
Message
Business, Economics, Money and Macro issues Topic: More humane mortgage repayment relief during recession
GooBai
Posted: Sun Apr 12, 2009 6:58 am
Replies: 11 76
Mumbo jumbo does not help to convey your message. Isn't it more fruitful to provide facts instead of using diversion tactics to confuse and mislead others. It is mumbo jumbo because your quotes were being deleted(by the Moderator) from my post above, which I have reinstated. Changing your grammatic...
Global Concerns Topic: Obama sets out plan for nuclear-free world
GooBai
Posted: Sun Apr 12, 2009 4:41 am
Replies: 13 76
This forum is conducted in English language so it's important forumers know or attempt to write correctly and clearly. It is not expected of one to write in flowery words and flamboyant style. There is such a thing as a spell checker. If English is not your first language, we can be patient, tolera...
America, Europe Topic: Obama's peace initiatives
GooBai
Posted: Sun Apr 12, 2009 3:38 am
Replies: 7 33
Is the war on terror in Afghanistan illegal? Will the U.S administration come clean on the Afghan War? The “Al-Qaeda” deception is central to US foreign policy, which rely upon the perpetual threat of a fabricated outside enemy, and fear of a new “9 /11”. This deception provides the ongoing pretext...
America, Europe Topic: Obama's peace initiatives
GooBai
Posted: Sat Apr 11, 2009 7:11 pm
Replies: 7 33
Obama sheathes his sword and bows in respect to the Muslim world ...but he wields the sword elsewhere... ****** More Drone Attacks in Pakistan Planned http://www.nytimes.com/2009/04/07/world/asia/07drone.html?adxnnl=1&adxnnlx=1239476424-XN47p33SWE7adaM6PXuaLw U.S. Weighs Taliban Strike Into Pak...
Global Concerns Topic: Obama sets out plan for nuclear-free world
GooBai
Posted: Sat Apr 11, 2009 3:40 pm
Replies: 13 76
Meddy wrote:
advise is a verb. It should be advice .
Beijing Olympics 2008 and Tibet issues Topic: A thorn in India-China relationship
GooBai
Posted: Sat Apr 11, 2009 2:53 pm
Replies: 0 12
***** The continuing presence of the Dalai Lama in India “does not help” in its ties with China, according to Singapore’s elder statesman and Minister Mentor Lee Kuan Yew. In a dialogue session, under the auspices of Singapore’s Ministry of Foreign Affairs Diplomatic Academy, he said: “ I do not see...
Australasia / Oceania Topic: The Aussie housing bubble is worse than the States
GooBai
Posted: Sat Apr 11, 2009 2:10 pm
Replies: 6 56
There is no property bubble. Australia has a house price bubble, and by the law of nature, it must bust because no bubble has ever not popped. PROPERTY analysts have called for urgent Federal Government action to prevent a property bubble bursting after the $21,000 first-home grant expires on June ...
Beijing Olympics 2008 and Tibet issues Topic: Dalai Lama - an Indian citizen?
GooBai
Posted: Sat Apr 11, 2009 1:30 pm
Replies: 1 21
...that was his second citizenship ceremony in less than a year... The Dalai Lama on Monday became an honorary citizen of Rome and Tibet's spiritual leader took advantage of the occasion to renew his commitment to non-violence. '' This honor of becoming a citizen of Rome is a further encouragement f...
Strategic Relations Topic: Vice President Joe Biden warns Israel against attacking Iran
GooBai
Posted: Sat Apr 11, 2009 4:15 am
Replies: 2 24
if Israel attacks Iran, the fact that the Obama administration snidely gave Israel a cold shoulder will be a significant factor in Israel’s decision to attack. It won’t just be because Israel doesn’t think that Obama will deal with Israel; it will be because Obama sent the message that the United S...
America, Europe Topic: Obama's peace initiatives
GooBai
Posted: Sat Apr 11, 2009 4:02 am
Replies: 7 33
"Hence, it is imperative, for the sake of true peace, that the United States espouse a new policy based on simple fairness and honesty toward the Palestinian cause, a policy free of the diabolic restrictions of AIPAC and other Jewish lobbies. This is what Obama must do if Muslims are to give hi...
Australasia / Oceania Topic: NZ house values fall nearly 10pc
GooBai
Posted: Fri Apr 10, 2009 7:13 pm
Replies: 1 14
*********** House prices are continuing their downward slide in New Zealand with Auckland driving the slump. Statistics from Quotable Value show a 9.3 per cent decline in national property values in the year to March - worse than the 8.9 per cent decline for the year to February. That was in part du...
Africa, Middle East, South Asia and Others Topic: The dark side of Dubai
GooBai
Posted: Fri Apr 10, 2009 8:33 am
Replies: 1 15
As the saying goes, if it's too good to be true, it probably is. ****** Dubai was meant to be a Middle-Eastern Shangri-La, a glittering monument to Arab enterprise and western capitalism. But as hard times arrive in the city state that rose from the desert sands, an uglier story is emerging. Johann ...
Global Concerns Topic: Obama sets out plan for nuclear-free world
GooBai
Posted: Tue Apr 07, 2009 2:42 pm
Replies: 13 76
Why do people keep calling out the language genie whenever they lose an argument or has nothing constructive to say? Our readers should know better who cannot write clearly and who keeps spewing the same old argument. We've noted your words and it is cast in stone unless you qualify the statement. W...
Business, Economics, Money and Macro issues Topic: More humane mortgage repayment relief during recession
GooBai
Posted: Tue Apr 07, 2009 12:28 pm
Replies: 11 76
Whoever started the analogy of stealing was the goner - great you recognised your flaws without even checking or thinking. Dodging questions by making accusations is a display of cowardice. Really? Then why are you dodging the fact that interest captalised/amortised becomes part of the capital?? Pe...
Africa, Middle East, South Asia and Others Topic: Dubai: From riches to rags
GooBai
Posted: Mon Apr 06, 2009 6:18 pm
Replies: 1 17
**** Just say the word Dubai and the images appear: impossible glass structures glistening in the year-round sun, perfect man-made beaches, yachts, private helicopters, malls and spreads of food that would satisfy Roman emperors - all the things huge amounts of new money can buy. And yet for me thes...
Business, Economics, Money and Macro issues Topic: Is there a bottom in the stock market
GooBai
Posted: Mon Apr 06, 2009 3:04 pm
Replies: 28 308
2008 is notable for many wrong reasons. Even though it was initially thought to be an auspicious year, it didn't turn out that way with few (if any) winners. 2009 may usher some stability and hope. 2009 usher in a hilarious twist to the BrisConnection saga...Be careful when you dabble into stocks, ...
Global Concerns Topic: Obama sets out plan for nuclear-free world
GooBai
Posted: Mon Apr 06, 2009 2:01 pm
Replies: 13 76
Invading Europe? Sanctions for disarmament? Battles are drawing down. Another invasion? Iran? Please give us a break! Simple Simon says, but we don't have to follow. Mmm, let's see what was that country again? Oh yes I remember : Iraq! The USA lied to start an illegal war in Iraq on false premises ...
Business, Economics, Money and Macro issues Topic: More humane mortgage repayment relief during recession
GooBai
Posted: Mon Apr 06, 2009 1:47 pm
Replies: 11 76
You are a goner when it comes to analogy. Expense capitalised become part of the cost of a fixed asset. Likewise interest capitalised become part of the capital . Yes, this is becoming seriously funny.I think you need to take a course in simple accounting concepts. :) Writing off loans= normal bank ...
Global Concerns Topic: Obama sets out plan for nuclear-free world
GooBai
Posted: Mon Apr 06, 2009 1:16 pm
Replies: 13 76
Invading countries after forcing them to disarm , that was some confidence and trust. Don't you think? One would be even more naive to think that USA will not pursue sanctions after the other party disarms. At least uncle Sam will think twice before invading a nuclear-armed country.That is a pragmat...
Business, Economics, Money and Macro issues Topic: What ARE the Toxic Assets Everyone Is Talking About?
GooBai
Posted: Mon Apr 06, 2009 1:04 pm
Replies: 11 66
Orange Blossom :
"I failed to explain" , but I think it is more of "you failed to understand" kind of scenario.....anyway feel free to browse through my comments again.
Business, Economics, Money and Macro issues Topic: More humane mortgage repayment relief during recession
GooBai
Posted: Mon Apr 06, 2009 12:52 pm
Replies: 11 76
Swan's one year moratorium = One year of interest amortised onto the loan = one year of interest being "capitalised" into the loan = capital owed/loan amount increase Stealing money from Paul to pay Peter does not work because you still owe someone. To capitalise interest is self-destructi...
Global Concerns Topic: Obama sets out plan for nuclear-free world
GooBai
Posted: Mon Apr 06, 2009 12:15 pm
Replies: 13 76
What a wonderful plan for the "world", just that it has no plans for it's own 10,000 nuclear warheads, isn't it wonderful to be the "leader of the free world", standing on the "moral high ground" and start pointing fingers at "rogue states" - Behold !hypocrisy...
Business, Economics, Money and Macro issues Topic: What ARE the Toxic Assets Everyone Is Talking About?
GooBai
Posted: Mon Apr 06, 2009 11:19 am
Replies: 11 66
Poor Man : The recovery from the amount of wealth wiped out from the world's economy just cannot be re-established over night.We can lose it quickly but we cannot reclaim it back that quickly. Confidence heals slowly.When people talk about unemployment they seem to think this will only be for a few...
Social Issues Topic: Are you a Chinese spy? Take our exclusive quiz
GooBai
Posted: Sun Apr 05, 2009 4:42 pm
Replies: 0 15
***** SECTION 1: LIFESTYLE AND CULTURE Sport What kind of sports do you like? AFL 10 points NRL 10 points Rugby 10 points but you’re gay Soccer 5 points Table tennis Minus 5 points Badminton Minus 50 points Food What kind of food do you like? Hamburger and chips 10 points Steak sandwich and chips 10...
Australasia / Oceania Topic: First-home grant a '$25bn time bomb' or 'boost'?
GooBai
Posted: Sun Apr 05, 2009 4:20 pm
Replies: 0 12
********** THE First Home Owner's Grant may become a $25 billion time bomb and make it even tougher for people to get their first house. As the development industry called for an extension of the $14,000 grant to all homebuyers to stimulate a dormant market, Reserve Bank deputy governor Ric Battelli...
Business, Economics, Money and Macro issues Topic: Banks slashing maximum loan ratios
GooBai
Posted: Sun Apr 05, 2009 3:53 pm
Replies: 0 11
***** MORTGAGE lenders are slashing loan ratios in a bid to protect themselves against falling house prices. In the past fortnight, Commonwealth Bank, Bankwest, ING, Challenger, Citibank and Suncorp have all cut their maximum loans from 95 per cent to 90 per cent of the property value - and may cut ...
Business, Economics, Money and Macro issues Topic: More humane mortgage repayment relief during recession
GooBai
Posted: Sun Apr 05, 2009 9:45 am
Replies: 11 76
The Swan deal is not much different from refinancing. There has always been some provision for individuals to reduce or suspend payments in case of unemployment. One year of interest is amortised onto the loan, house prices fall, borrower doesn't obtain enough new employment to allow them to service...
Business, Economics, Money and Macro issues Topic: What ARE the Toxic Assets Everyone Is Talking About?
GooBai
Posted: Thu Apr 02, 2009 4:06 pm
Replies: 11 66
Nobody does that better than you.
Australasia / Oceania Topic: The Aussie housing bubble is worse than the States
GooBai
Posted: Thu Apr 02, 2009 4:03 pm
Replies: 6 56
The discussion stops when one is in total denial.
Australasia / Oceania Topic: The Aussie housing bubble is worse than the States
GooBai
Posted: Tue Mar 31, 2009 3:20 pm
Replies: 6 56
Sounds familiar, where have I heard this before? ***** There is no evidence of a housing “bubble” in the United States and housing demand should stay strong for years to come. Three major factors lead to this conclusion. First, the 77 million baby boomers are approaching the peak home ownership ages...
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