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The Forum > General Discussion > Another Ruddy Cash Splash!

Another Ruddy Cash Splash!

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Shadow, you suggest that the "bond holders must be paid", in this case landlords. As a landlord myself, we have an investment property in Sydney (a unit), we are prepared to have the tenant live in the property rent free for a period of time, if they are unable to pay the rent. We have no mortgage on the property, so that's an advantage. Others took out a mortgage to negatively gear a property hoping to reap windfall profits, win some lose some, that's the game.

Got lucky before Xmas, moving our managed investment out of shares and into a cash fixed deposit, despite advice from our accountant that, that was the wrong thing to do. I felt the stock market was way over heated and Australia was heading for recession. Lucky us $100k our way, win some lose some, that't the game.
Posted by Paul1405, Wednesday, 25 March 2020 3:54:11 PM
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'She says their chief God the 'Sky Father' is the same god as the Christian God....interesting! She says there is no conflict of gods. Okay with me.'

It's a free country Paul and I am pretty sure your wife is a nice person. She has however made up a god in her head if she thinks that the Father of the Lord Jesus Christ or the God of Israel has any equal. I have met a number of Maories that would agree with your wife and many that hold to the God spoken of throughout the Scriptures. I think even you know that Jesus claimed to be the Only access to God. Either He lied or tolod the truth. No amount of twisting can change His words.
Posted by runner, Wednesday, 25 March 2020 4:03:25 PM
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Paul,

What jibberish are you talking, I never said anything of the sort.
Posted by Shadow Minister, Wednesday, 25 March 2020 10:28:13 PM
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On the subject of rents and other things. Solly Lew whose principal commercial activities involve importing apparel, toys and other goods into Australia from third world countries along with share market investments, principally in retail companies who import goods mainly from Asia. Lew is a billionaire and his company Premier Investments is the largest shareholder in Myers. Law is demanding free rent from shopping centres, like the Westfield group run by the Lowey family.

Not so long ago these high end rag trade retailers, Myer was one, were refusing to pay a little more for garments, as low as 10c per item, sourced from sweatshops in such places as Bangladesh. The increase was in order to pay workers there a bit better of a subsistence wage. Should these retailers go to the wall, and Lew and Lowey crash and burn, whose going to cry for them? Not me.
Posted by Paul1405, Saturday, 28 March 2020 5:00:50 PM
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Paul,

As it is the employees that would suffer with your capitalist purge perhaps you should think again.
Posted by Shadow Minister, Tuesday, 31 March 2020 4:32:29 AM
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