The Reserve Bank of Australia the biggest contributor to Inflation

It seems a bit crazy to me that our Economic minder is the biggest contributor to Inflation. Having admitted that they acted hastily because they were conned by the Oil Price Futures Scam they now in their wisdom "jack up" the cost of money again. This of course adds an uncontrollable expense to every business in existence. Every employee is now seeking more money to pay for the fact that every commodity they use will have the new cost of money built in. From Housing to Bacon and eggs the cost of living will rise. Inflationary of course. My case rests. RBA contributes the main factor and the alternative currently is pain to Joe Public.

Come on you guys there has to be a better way.

Economists have conned us all - they really do rule the world

Apart form the absolute lunacy that the Reserve Bank of Australia has shown in increasing rates to early, based on the findings of the same economist who got us into this mess in the first place we see an equally uninformed and selfish approach from the economists of the major financial institutions aggressively lobbying for a change in rates. There lobbying has absolutely nothing to do with anything other than more profits for the organisations who employ them.

Clearly these "people" have no concern for the people who are now out of work in the huge number of small businesses that are now insolvent and because of the waiting periods at "Centrelink" and other Unemployment benefit organistaions have not yet hit the stats.

I am sorry but you guys are just using muscle to meet your own selfish ends. Uncontrolled markets globally are still exactly uncontrolled because how can the Australian Dollar the flagship of one of the smallest economy's globally become one of the strongest and most heavily traded currencies in the world.

Talk about saying whatever we need to say to suit our own need is the statement from Choice re the inconsistency of rates amongst the Banks. Because they have not moved in consort they question the motives. If the had moved in unison they would have cried collusion.

Sorry guys I have absolutely no faith in your so called profession - frankly as a profession I have more respect for the oldest profession in the world.

Logo Madness - Apple versus Aussie Woolworths

So Apple reckons that the Woolies Fresh Logo - looks like an Apple. Yep, an apple a potato or any other fruit you maybe able to buy in a supermarket.An Apple peel maybe but an Apple give me a break - can I have what ever your legal eagles are having. Above anything else it is a stylised "W" a Big W - a "wuh" a double U. Apple take your stupid legal action and go home please. This type of ownership is getting silly - leave my Granny Smith alone please.

Banks raking it in amid financial crisis

An interesting article on the Reserve Bank of Australia report on Australian Banking.

Only further confirms that the Recession in this country is totally contrived by our Market controllers and has little else to do with the Global Downturn.

Scaremongers - get lost - please.

So we are frightened that the Government will take control of the American Banks

Well they should have thought of that when all of these make believe securities were invented.
The Banks have proved themselves completely inadequate in any kind of Fiscal prudence whatsoever. They turn up and ask Mummy and Daddy to get them out of trouble and now want to squeal like the spoiled brats they are that Mummy and Daddy want to ground them for stupidity.
I am sure Mummy and Daddy will let them out to play again one day when they prove that they are actually able to play nicely in the world.
Lets not be frightened - selfish greed has brought the world to this mess and now controls need to be applied - lets celebrate and get on with life.

Poilticians are all pathetic "dweebs"

The article attached here is just one of so many pathetic performances from our Parliamentary geniuses.
You have to know watching our elected representatives performing so poorly is getting to be very tiresome. Equally I find the rather blank look from our frontbenchers when questioned on their portfolio and are so shockingly found out as to their detailed knowledge of their respective portfolios.
Perhaps that is why we never actually do anything constructive from a decision making point of view.But our erstwhile Government prancing around giving money away instead of really spending it on long term beneficial infrastructure projects (like capturing flood waters and diverting it to the inland river systems.
I am so tired of being sucked in and manipulated by the Financial Power Brokers of the world who clearly have the power and money to manipulate markets whichever way they want.
Clearly we are totally at the whim of major power brokers who seem to have their way with these parliamentary pawns whom have been elected to manage and administer on behalf of the electorate.
So stop the school yard antics - remember who put you in power and stop wasting time with schoolyard bullying tactics. You are actually giving "dweebs" a bad name.

How wrong can these guys get it?

You read this article written by the ANZ 12 months ago and all we wanted to do was stop this dreadful thing called inflation. They are only echoing their mates and the discussions they had over a wonderful lunch down in the Pub in George Street Sydney or William Street Melbourne.

You really do have to worry about the Ecomonists of the world because quite simply these guys are quite capable of telling us anything they want us to hear as they attempt to predict (manipulate?) markets.

I have been amazed at the continual Economic Outlook being promulgated daily and in one day you can generally find a variety of conflicting opinions. Our economists spent months convincing the markets that interest rates in Australia needed to rise because of the inflationary trend. A trend mind you largely driven by Oil Prices that continued to spiral until OPEC called the Wall Street Futures Traders out for over trading the price on economist outlook. When they cut the production rate we saw Oil Prices fall out of bed in monumental form and return to a reasonable price. I bet one thing for sure these sods are still manipulating a market.

I watch with interest daily the trade in our "SPI" Index trading - yet another wondrous document that can be traded against a number (created by adding a few "indicator" numbers together multiplying by 100 and calling it an index) that is clearly manipulated by the dealers within minutes of the ASX opening. Frankly the only reason they trade in this index is because they (the dealers) can manipulate it, otherwise they would be down at the casino dropping there money on 26 Black.

My simple questions how do we take control these "experts" who clearly are a disgrace to the piece of paper they call a degree.

Our Reserve Bank listens to these people and now admits they were hasty in lifting rates. Even worse is the horrible truth of where these "experts' have taken us and we are paying a very dear price.

Lets get back to trading physical commodities, lets remove fancy negotiable securities and go about our business of living, buying our food and purchasing to satisfy our needs. Let Governments get on with providing us with the essentials of life like schools,roads and hospitals etc., and to the Economists of the world go and get a "real" job.