gabby<<Just today I sent off a cheque,..for a Santos rights issue...>>..wow sending off good money for a rights issue...wow we are impressed..lol..

rights issue..<<..An issue of new shares to existing shareholders who have the right,but not the obligation,..to purchase new shares issued by the corporation at a preset price,..usually below the market price>>..wow BELOW the current price..[that gets further diluted by the new share issue..lol....yet banks..[the fools..lol]..refused the gift..boy are the bankers dummies..lol..great thing your so clever..lol

<<Who do they turn to..when bank finance is limited,..or too expensive?>>..intrest has never been lower....but your SMARTER than any bank..lol..imagine the fools turning down a two bil debt..that only dilutes the value of their egsisting share..hence the 'discount'

<<...Their dear old shareholders..Thats either super funds..or mums and dads,..putting their money on the line and taking a risk>>..ok lets see..[some recent failures the most recent is 47,000 [mum and pop-'shareholders'..losing their trust/cash by gambeling on GREAT southern,...

or the gamblers/sorry[promise of share holders]..who lost thier shirts/houses on allco..kleenmaid..storm..timbercorp..enron or bernoff[the list gets a bit extensive,..but one third fail in good times]..how many failed in the great depression

yep..there is a sucker born every minute...lol..banks dont think the risk is worth the PROMISED return/payoff..[from the investment of 2 BILLION right?]...

its just a shame the superfunds are gambeling with the mug punters compulsory...super..''con-tribut-ions''..its not enough our super real value halved..[the plan is to scam it all]..[ok im being mean 2/3 rds]

UOG, I seldom bother to decipher your mumbo jumbo posts these days,
but I made a bit of an effort with the last one.

It shows once again, your complete lack of understanding of our
financial/economic system, so in your case, best you keep that
money under your mattress and don't tell nobody! Conspiracy theories
will keep you amused for the rest of the time and at least keep
you off the streets :)

As a matter of interest, interest rates for housing loans are low
due to political reasons, not so for business. Some REITs are
having to pay roughly twice as much as they paid a year ago, due
to the contraction of international money markets. To put it
another way, our banks simply don't have the funds to service the
business sector's requirements. What they do make available is
from overseas, at a much higher price.

Strenghtening company balance sheets is indeed a wise move for
1st rate companies, in times of uncertainty, but all that is way
over your head, fair enough.

At present, investment in energy stocks, which are presently quite
cheap due to low energy prices, is not such a bad idea. For when
the price of oil goes through the roof once again in a couple of
years, those share prices generally follow the oil price and we'll
be back to listening to Arjay and UOG complaining about what they
have to pay for gas/oil.

But you just keep checking on that money under your mattress UOG,
for investing in things that you do not understand, would be
foolish indeed

A Pericles' reaction upon viewing The Inspector General[E Coleman] on another thread "Abraham Lincoln Predicted this Collapse".
Pericles,"Poor lady,ambushed by someone asking questions that pluck numbers form the air." This one sentence says a lot.Pericles is an apologist for the Fed.What a lame reply!

It is the Inspector's job along with the Board of Governors to know what the debt is and how much Lehman Bros bail out cost.

I remember Yabby also in the past saying that the Fed was a quasi Govt body whose legitimacy could not be questioned.This observation is now shot to pieces.

After viewing this video,every US Congressman should be calling for an immediate audit.Their very reluctance reflects the power and the infiltration of the Fed in all areas of Govt and the Corporate field.

There is a strong movement amongst the young in the universities in the US to see the end of this abominable system.

As I have said before,if I were to counterfeit $22 million to equal the number of people in Australia,it dilutes the wealth of every australian by $1.00 per person.This is known as inflation.It is alright for those who have assets that go up in value with inflation,but for those who cannot save enough to play the game,they lose out both in wages and the little savings they have in the bank.

When our banks counterfeit money it is called monetary policy.Pericles calls it "capital adaquacy".[It is legalised theft Pericles]In reality it dilutes all our wealth with the exception of those elites who play the game.By creating counterfeit money the banks are stealing from the rest of society and to add insult to injury,they loan it back to us at interest.

i have studied the..'market'...gabby..and its basiclly a..pyramid-sceme..[thats not to say people dont make money]..but the big issue its not really their money..[someone has to lose and it seems that the easy-money..turns into a trap..for many]

see how mugs got conned into mortgauging their homes..leveraging wether stock will rise or fall..[im noting banks allways have the first bite of any remaining cash..[and stuff the workers long-service or those having ordenary/shares]

the workers are forced to subsidize the stock-gamblers..[not getting even the benifits..of holding shares..[like discounts..when buying at woolies..if holding woolies shares]..add to that their super/providers..often dont actually hold shares..[only the promise of the gain..if the share goes..according as they bet

yeah..lol..you might be different..[and be one of the few that has shares and actually holds a preferance share]..or..you might be one of the mugs..who trust their broker to hold them for them..lol.

i posted..about the imf/holding-commpany..[holding actual shares to the value of 24 trillion..,these shares are..'held'..by this little known/shelf-company..only officially..[by having the right/to settle all trades..[but as i posted..their shares are held as surity..for a loan of 23.5 trillion/debt owed to the bankers..running the fed

you can ridicule all you like,..the facts are/your betting the value will go up..[and no doudt it might,..but if it goes up or down/is as suits those who plan the game..you think to play..the market moves up or down according to their whim..[not yours]

i much doudt you attend/sharholder-meetings..[but if you hold actual/shares..it might just pay for you to attend one..sometime,..you will soon realise that/the vast ammount of voting shares are held by other/institutions/companies..[multinational/corp's..holding shares..in other multinational-corpses]

and you take your..'advice',..and the last trade price..from yet some other..'news'..corperation..[i love how you have to pay commision to buy..[or sell]..but mate its just gambeling..[for you small time..'mum and pop'..investors]..but...just like the madoff scam..one day/the little-guy loses..as the pyramid scam is revealed

i recall jp/morgan..decided to sell his shares..[in total]when a lift-boy gave him stock/advice..[when the common-people hold shares..pre/1930..[eventually the ponzie scam/gamble unwinds]

UOG,I think the message is starting to filter through and this is why people like Pericles and Yabby are so keen to discredit any evidence that is contrary to this ponzi pyramid scheme.

There are two evils that subjugate the individual ie big Govt and Corporate greed,aided and abetted by the thieves in our banking system.

We have a diminishing middle class even with two parteners working and far more efficiencies due to computers and improvements in science and technology.Even the labour of China giving us cheap consumerables has not stemmed the decline of the middle class.

What underpins properity is small Govt,education,affordable energy,truely free markets and system of fair rules for engagement.

There is nothing fair about the present fractional reserve system of banking.It is theft by stealth.

UOG, all you are doing, is digging your self an ever deeper hole
here. I fully agree with you, people like yourself should keep
well away from the sharemarket, as you clearly don't understand it.

The old saying that "a fool and his money are soon parted", certainly
applies to shares, if people rush in, are greedy and don't even
understand the fundamentals, like you and Arjay don't.

Under the bed is safest for you UOG! They are all crooks out there :)

Arjay, as a matter of fact, middle class Australia is doing pretty
well, even if not in your little patch of Sydney.

The average wage is now around 1162$ a week, so two of you working
can earn your 100k$ a year. If you can't get by on that,
then you have a problem.

Thirty years ago, people dreamed of a 13 square, 3 by 1 fibro home.
Today they demand a 25 sq, 4 by 2 with all mod cons, air conditioning,
big screen tv, 2 cars in the garage. When they overborrow as they
are impatient, they blame the system. Never mind being responsible
for their own actions, its human nature to blame everyone else.

Michael Pascoe just about wrote this for you:

http://business.smh.com.au/business/cop-a-dose-of-harden-up-20081114-66nl.html

If you don't like fractional reserve banking, which is the world
standard, so store gold bars under your bed Arjay. Then you
will be safe, free from those evil bankers.