The downward spiral of Australia has accelerated
under Howard. Debt recovery specialists want a
national registry of mortgage defaults, claiming
more homes are being repossessed, particularly in
Sydney. Howard's economic policy has been to drive
economic activity by a consumer boom funded by
debt, based on rising land prices, but rising land
prices come home to bite us because of reduced
housing affordability. Even after 16 years of
growth in the money supply (debt), voters are
entitled to ask when will the situation change.
They are also unlikely to be forgiving when things
turn. The economic dilemma Australia is facing
could have been avoided if the expansion of the
property market had not been turned into a
land-price Ponzi-scheme by Howard and Costello.
-=[ Your flexible John Howard gave you
unaffordable housing. ]=-
HOWARD'S DELIBERATE INFLATION IDIOCY: Balance of
trade time bomb is ticking for the Howard/Costello
gang. Howard's destruction of manufacturing jobs,
mass immigration of cheap workers, GST, and high
inflation continues to reduce workers' buying
power. The growing gap between the average wage
and the median wage means most Australian workers
are going into reverse. Even after 16 years of
growth in the money supply (debt), voters are
entitled to ask when will the situation change.
They are also unlikely to be forgiving when things
turn. On Peter Costello's so-called "debt free
day" in 2006, Australia's foreign debt reached
half a trillion dollars. -=[ Fairness cleans right
round the John Howard workplace reforms. ]=-
HOWARD'S ECONOMICS ERRORS: Howard/Costello regime
lays the foundation for next massive recession. No
money for housing or welfare but billions pour
into Howard's military adventures. The growing gap
between the average wage and the median wage means
most Australian workers are going into reverse.
Hard working Australian families are burdened by a
mountain of debt that they are working very hard
to manage. On Peter Costello's so-called "debt
free day" in 2006, Australia's foreign debt
reached half a trillion dollars. -=[ Don't say
c*nt, say John Howard. ]=-
HOWARD'S NATIONAL SOCIALISM NIGHTMARE: Howard's
property Ponzi-scheme is about to catastrophically
bottom-out. The economy is facing a recession that
will prove unusually long and severe. By any
measure it is in far worse shape than in 2001-02
and the unraveling of the housing bubble is
clearly at hand. Debt repayments are now taking up
a larger proportion of household income than when
interest rates were at 17 per cent in 1989. If we
have any more of this type of "progress"
Australia's goose will be very cooked indeed. The
economic dilemma Australia is facing could have
been avoided if the expansion of the property
market had not been turned into a land-price
Ponzi-scheme by Howard and Costello. -=[ Only the
crumbliest flakiest John Howard is used in the
FTA. ]=-
HOWARD'S FORECLOSURE ECONOMICS: Howard/Costello
regime lays the foundation for next massive
recession. No money for housing or welfare but
billions pour into Howard's military adventures.
Australian households owe $1.045 trillion. Over
the past two years, that debt has grown at 13 per
cent a year. The global liquidity bubble is
limping towards the reef and when it hits it'll
send shock-waves through Howard's house of cards.
Australia is now facing an economic dilemma
because of the Howard/Costello land-price
speculation debt bubble. -=[ Crean prolongs active
John Howard. ]=-
HOWARD'S "TRUST ME" HOUSING TRAVESTY: Howard's
property Ponzi-scheme is about to catastrophically
bottom-out. Debt recovery specialists want a
national registry of mortgage defaults, claiming
more homes are being repossessed, particularly in
Sydney. Howard's economic policy has been to drive
economic activity by a consumer boom funded by
debt, based on rising land prices, but rising land
prices come home to bite us because of reduced
housing affordability. In real terms, the economy
is already in recession. The growth numbers are
regularly massaged by the Government. A level of
complacency that is verging dangerously close to
delusion.
Over a decade of obscene lies from these rotten
gangsters. The truth is, dogturds don't tell the
truth.
-=[ You can really taste the Poor Old John Howard
in the welfare reforms. ]=-
Links:
http://www.bilegrip.com/var/www/html/images/gee.workch.png
http://www.bilegrip.com/var/www/html/images/gee.ozbest2.png
http://www.bilegrip.com/var/www/html/images/gee.hellof.jpg
http://www.bilegrip.com/var/www/html/images/gee.stucard.jpg
http://www.bilegrip.com/var/www/html/images/gee.jpriest.jpg
http://www.bilegrip.com/var/www/html/images/gee.bungon4a.png
http://www.bilegrip.com/var/www/html/images/gee.hyouth.gif
http://www.bilegrip.com/var/www/html/images/gee.onemore.jpg
http://mauriegee0.tripod.com/art.htm
http://www.101usesforajohnhoward.com
http://www.accesscardnoway.net
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The whole world will resemble a repressive
third world country governed by
the IMF, UN and World Bank.
Globalism is a conspiracy of the Western elite
to establish private tyrannies across the world.
Benway - 26 Aug 2007 05:17 GMT
cocka...@aussieisp.net.au wrote:
> The downward spiral of Australia has accelerated
> under Howard. Debt recovery specialists want a
[quoted text clipped - 149 lines]
> Globalism is a conspiracy of the Western elite
> to establish private tyrannies across the world.
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A strange myth has been circulating
that Peter Costello has been a
hard-working and effective treasurer.
He may have worked hard, but it has
not been for the Australian people
or the "nation" that he worked.
As the NWO stooge that he is, he
has worked tirelessly to disempower
the majority of Australians.
He has left Australians with a
crippled manufacturing sector, and
a massive household debt burden.
A true failure and a fraud.
He is just as culpable as Howard.
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