[O]vereagerness to lend for inapproprate, poorly-designed, badly-located and horribly-expensive palaces and an all too common uncommercial/anticommercial refusal to lend for unfashionable dwellings in unfashionable places.

Did you get refused a loan for a building with huge pillars out the front somewhere out in Sydney’s western suburbs? Banks are not there to be taste arbiters (look at most banks HQs for confirmation). They are there to lend their depositors’ and shareholders’ money out on what they consider to be good credit risks.
Personally, I think they have actually been a bit to careful in their lending policies, as their bad debt ratios are very low indeed – but that may also be a reflection of tightening up before the cycle swings down.
The simple facts, Graham, that there is no evidence of any form of widespread lending problems in Australia. You may have a few anecdotes – but I say again, the plural of anecdote is anecdotes, not evidence.

Fyodor [221]:
You asked for proof. Ive told you several times where to see it for yourself. If you dont want to look at it, thats your problem, not mine.

And yesterday my mate caught a fish that was *opens arms really wide* THIS BIG!

You’ve presented nothing but unprovable anecdotes, Graham. If you want to keep embarassing yourself, be my guest, but don’t say I didn’t warn you.

What, lying on loan applications? No, thats not predatory lending; its called fraud.

So it is. And when a lender encourages applicants to deliberately make false statements like that, its one aspect of whats called predatory lending.

You really believe that, don’t you? That people aren’t responsible for their actions? I know you’re a nanny-statist, but I shudder to think what kind of police state you’d prefer to live under.

Not that Nabs needs rescuing from you, JC.

And who would rescue him? His attempt at economics discourse, explaining labor market reform as a Ying and Yang thang didnt need rescuing. It ought to go into the hall of fame as the dumbest most vapid comment of 2006. Dont you think? He seems to steer well clear of that sort of discussion these days as hes better suited to his core competency; wrecking threads and barb throwing while drunk.

Who would rescue him? Are you having a “senior” moment, JC? Don’t you remember what you wrote? Please try to keep up, at least with what YOU are saying.

He poked you once with the angry stick and youve gone off like a firecracker, spluttering incoherent rage.

Na, not really. Like you I would prefer to decide when my name is used, Comrade fyodor.

Unlike me, you mean. As you know, I don’t care what you call me. The fact that you object to being called by your real name, when you’ve blogged using it, is bizarre. What makes it ironic, BTW, is your regular whining about other people commenting under pseudonyms. What is it: one rule for JC and his oh-so-many sockpuppets, and another for everyone else? Do you know what “hypocrisy” even means?

And, yes, the irony is pretty thick here, JC, though not for the reason you think. Hypocrisy, too: youre not showing much talent for – what did you call it again? – civil discussion, are you?

Try it some time. Graham would appreciate it. But I guess its the old chip on the shoulder thang that holds you up.

Not at all. I’ve had plenty of civil discussions online, but it takes two to tango, Cranky Joe, and as you’ve shown everyone better than I could you’re not much chop on the dancefloor. As I’ve pointed out to Graham, he’s responsible for the pickle he’s in. If he’s too proud or stupid to acknowledge it, that’s not my problem.

Well, apparently you really DO care, however, even if you dont what or where.

Care about what? You trying to prove how much more you know about economics than Grhaam? Oh, you mean the burbs thing! Only to the extent of how youre relating to Graham/ the obvious chip on shoulder. Hes a sweet decent guy who doesnt deserve the abuse/putdowns, Agatha.. Now that does really piss me off.

The fact that you’re pissed off is just icing on the cake for me, Josephine. I don’t care where you think I’m from. You used to think it was Russia, now you think it’s Western Sydney. No skin off my nose, old chum – you and your fevered imagination can knock yourselves out.

As for Graham, I agree he’s a decent guy – I’ve already said that I like him. That doesn’t change the fact that he’s chosen to participate in an economic debate armed only with sanctimony and a false sense of moral superiority. Apologies for mixing metaphors, but leading with your chin is never a great strategy when you have a glass jaw. Your defence of his maladroit prattle is no more than disingenuous cant.

Probably because youre making this stuff up as you go along – I much preferred it when you convinced yourself I was a Russian hacker.

I was meant in irony, you mirthless thing. As to the other thing: the burbs thing, dunno just following what was said. Is it true?

“I was meant in irony”

HAHAHA! Never a truer word was spoken! It’s fortunate for us – and more than a little unfortunate for you – that your gift for comedy is so involuntary, you mirthful thing.

Anyhoo, who are you kidding? You believe it EVERY time. You’re ready to believe the dopiest shit about me because you’re THAT gormless. So, yes, Cranky Joe, I am a Russian hacker mafioso from Penrith, by the name of Keyser S

JC:
Making of Fyodor’s New Guinea Happy Box delayed by lack of chook feathers here. You are wrong – neither are Russian despite the names; [OMG! I just hit the semi-colon key} one is a Mongolian yakdung recycler who is cunning enough to avoid using the upright Y and the barred O when typing on a Cyrillic keyboard so you think he/she might be Russian; the other is actually an Alien named John who levitates when excited and hopes nobody notices.

Fyodor [221]:
You asked for proof. I’ve told you several times where to see it for yourself. If you don’t want to look at it, that’s your problem, not mine.

“What, lying on loan applications? No, thats not predatory lending; its called fraud”.

So it is. And when a lender encourages applicants to deliberately make false statements like that, it’s one aspect of what’s called predatory lending.

Andrew Reynolds [225]:
And add to that – overeagerness to lend for inapproprate, poorly-designed, badly-located and horribly-expensive palaces and an all too common uncommercial/anticommercial refusal to lend for unfashionable dwellings in unfashionable places.

But who is this “jc”? Do I know you?

exactly, Vapidov. Let me know when you’re setting the rules. Mr whatsyourrealnameKOV

But you may want to address the issues pertaining to the thread or is this another one of your “ying and yang thangs”. Let’s have your economics treatise (opus I would call it) for 2007 in relation to land prices etc, Vapidov. Let’s hear this zapper, as i’m strapped to the chair in wonderment at what will come next.

Let me start you off:

Land price are rising/have risen because…………

Ill decide if my name not my (initials) gets mentioned and no one else.

Or names as the case may be.

And who would rescue him? His attempt at economics discourse, explaining labor market reform as a “Ying and Yang thang” didn’t need rescuing. It ought to go into the hall of fame as the dumbest most vapid comment of 2006. Don’t you think? He seems to steer well clear of that sort of discussion these days as he’s better suited to his core competency; wrecking threads and barb throwing while drunk.

“He poked you once with the angry stick and youve gone off like a firecracker, spluttering incoherent rage.”

Na, not really. Like you I would prefer to decide when my name is used, Comrade fyodor.

“And, yes, the irony is pretty thick here, JC, though not for the reason you think. Hypocrisy, too: youre not showing much talent for – what did you call it again? – civil discussion, are you?”

Try it some time. Graham would appreciate it. But I guess its the old chip on the shoulder “thang” that holds you up.

“Well, apparently you really DO care, however, even if you dont what or where.”

Care about what? You trying to prove how much more you know about economics than Grhaam? Oh, you mean the burbs thing! Only to the extent of how you’re relating to Graham/ the obvious chip on shoulder. He’s a sweet decent guy who doesn’t deserve the abuse/putdowns, Agatha.. Now that does really piss me off.

“Probably because youre making this stuff up as you go along – I much preferred it when you convinced yourself I was a Russian hacker.”

I was meant in irony, you mirthless thing. As to the other thing: the burbs thing, dunno just following what was said. Is it true?

“Your English homework for today: the semi-colon and its uses.”

Thanks, and yours is money isn’t neutral. Recall? You seemed to think it was.

Nice to see you’re accusing me of hypocrisy while you’re being so nice to Graham and feeling “used” that others are using monikers. That sure lights a candle to honesty. Pathetic hypocrite.

Ha, heres the galloping Fyodor coming comrade Vapidovs rescue. How sweet. How ironic that the two russian monikers are talking about other peoples.

Not that Nabs needs rescuing from you, Cranky Joe. He poked you once with the angry stick and you’ve gone off like a firecracker, spluttering incoherent rage.

And, yes, the irony is pretty thick here, JC, though not for the reason you think. Hypocrisy, too: you’re not showing much talent for – what did you call it again? – “civil discussion”, are you?

Ignore his abuse. He has some sort of chip on his shoulderS. He needs to prove he knows more about you in economics. Someone at catallaxy once said the chip on his shoulder has to do with the fact he came from the western burbs of Sydney and for some reason it has had an effect on him. Dont why, as who really cares these days.

Well, apparently you really DO care, however, even if you don’t “what” or “where”. Probably because you’re making this stuff up as you go along – I much preferred it when you convinced yourself I was a Russian hacker. That was fun.

Your English homework for today: the semi-colon and its uses.

Graham;

Ignore his abuse. He has some sort of chip on his shoulderS. He needs to prove he knows more about you in economics. Someone at catallaxy once said the chip on his shoulder has to do with the fact he came from the western burbs of Sydney and for some reason it has had an effect on him. Don’t why, as who really cares these days.

I dont have a problem with Vapidovs link. But he used what he thought was my name and coming from someone who is all monikered up is a trife pathetic dont you thnk?

Yes, Nabs, how dare you serve up such pathetic trife?

Which of JC’s real names did you abuse? Dave Curry? S.Brid? It must have been the real real name to get his panties bunched so tight.

Fyodor [206]:
There have been those who denied heliocentrism . and denied the Holocaust . and denied climate change. Now we have Fyodor denying what is seen every day of the week by social workers, police, parliamentarians staffers, health professionals, legal aid workers, the clergy, charity workers and a whole range of other people. Its magic . all you have to do is say a problem does not exist and – Shazam!! – it all vanishes, doesnt it? Time for you to change hands, Fyodor, otherwise youll get RSI. L-O-L

Ambidexterity’s your secret, is it? I did wonder how you managed to wank on for so long on such a trivial topic. That topic being you, of course.

As for PREDATORY LENDING[!!!], you haven’t proved it’s a problem, so why should I take it – or you – seriously? Feel free to produce some evidence. That might persuade me you’re not talking garbage again.

But, soft! What light through yonder window breaks…?

Everyone:
Just over an hour ago, an unsuccessful applicant for a rather small loan mentioned being invited to make a relatively unimportant false statement that would have looked good on paper and got her application over the line. The lady, deeply religious, declined to tell such a falsehood. She did not get her loan but feels better for having avoided the temptation of sin.

Woman declines to lie on loan application.

Feels better about self.

Hold the phone.

Graham has produced an anecdotal story about a woman NOT being the victim of predatory lending.

I think we’re making progress here, people, just not in the direction Graham favours: one step forward, two steps back, huh, Graham?

Not quite predatory lending, of course, but not quite standard lending practice either . or is it these days?

What, lying on loan applications?

No, that’s not predatory lending; it’s called fraud.

P.S. L-O-L.

I don’t have a problem with Vapidov’s link. But he used what he thought was my name and coming from someone who is all monikered up is a trife pathetic don’t you thnk?

“I have so far desisted from responding to your comments because I dont see it as my role to arbitrate in this thread or any other for that matter.”

But you found the time to comment in the first place, right?

“I dont think you should demand that I account for myself like this. Im not an arbitrator between you and Nabs, but since youve demanded I play the role, I clicked on the link and I must admit its pretty funny.”

Yea, but he fogot to mention that CS was carting the Doughnuts, that’s what I was really upset about. You find that funny too?

“You and Nabs go back a way it seems and perhaps youre bringing that history to your interpretation of what he said.”

Oh, so you think it’s fine to bring history over here. Funny that, because the site owner, Ken, has always said he never wants that sort of thing to happen. Jasques has said that too on another thread when Vapidov tried the same thing. Ask Jacques and Ken if you don’t believe me. Ask yourself for that matter!

“He certainly seems to like winding you up.”

He doesn’t as he’s too vapid for that. He’s holding grudges because he was told to get off threads over at Catallaxy as he always caused issues and never contributed other than vapid unnfuny slop- similar to what he doing here that you’re praising. He thinks I was responsible for getting thrown off for some reason but had nothing to do with it. He did it all by himself.

“I certainly didnt want to endorse any offence he may have been causing to you. Whether or not Im right you shouldnt be calling him a dirtbag. Am I going to do anything about it? Nope.”

I’ll decide if my name not my (initials) gets mentioned and no one else. You think that’s a difficult ask? Sure you do.

“Im going to get on with my life”.

Fair enough. Any chance of us all getting back onto finding ways for honest people to get a roof over their heads and for lenders to make an honest profit?

Kevin Cox:
Still haven’t read through everything you put up earlier.

I have so far desisted from responding to your comments because I don’t see it as my role to arbitrate in this thread or any other for that matter. It takes time and I don’t want to spend it that way.

I made a very casual aside after a quick skim of Nabs’ comment. I thought it was funny and I agreed – and happened to be thinking – that if we were going for some record of length of thread, Bird would definitely help things along.

But we’re not going for the record.

I didn’t even click on the link he presented – so it was a casual response to his mention of Bird. Nothing more.

I don’t think you should demand that I account for myself like this. I’m not an arbitrator between you and Nabs, but since you’ve demanded I play the role, I clicked on the link and I must admit it’s pretty funny.

You and Nabs go back a way it seems and perhaps you’re bringing that history to your interpretation of what he said. He certainly seems to like winding you up.

I can only say that at least from where I stand his link and his comment didn’t seem particularly offensive. I certainly didn’t want to endorse any offence he may have been causing to you. Whether or not I’m right you shouldn’t be calling him a ‘dirtbag’. Am I going to do anything about it? Nope. I’m going to get on with my life.

Notice that it is a twofer. So far not one comment related to the point of the thread.

But then it really brings this comment to life, doesn’t it?

“And Nabs – I was thinking the exact same thing myself!”

only not in the way intended, which is why the vapid creep was turfed off Catallaxy.

I’m curious to know who requested that my comment be changed to directly mention a commenter here when I originally used a name not seen on threads here. Normally such things are the other way around.

I mean does JC want to be identified with one of the clowns in the photo?

“the vapid dirtbag Nabakov”

and

“the monikered up piece of filth to go round posting other peoples names?”

Jeez. That’s a bit strong. Have disagreed with HA6AKOB at times but nothing that would have made me say anything like that. Have had an odd-bod or so borrow my name without paying the hire charge, is that the sort of thing you mean? Have I missed something major?

Nicholas Gruen:
[sorry about digression that added nothing to the discussion of lending and of housing affordability].

“And Nabs – I was thinking the exact same thing myself!”

Let us know if there are a select few who are the only ones allowed to throw shit around like the vapid dirtbag Nabakov and get your support.

You find perfectly OK for the monikered up piece of filth to go round posting other people’s names?

Judging by the way you’re sucking up to him it’s not a question.

NG and Nabakov[207 & 211]:
Good idea. He has some intersting ideas about economics – though I don’t necessarily agree with them. However, you mightn’t get GMB to contribute much until after the election; believe he is a candidate in Dobell. [Should that be THE CANDIDATE in DOBELL ]

JC [209]:
Thanks. No. It was a hint to falsify her income and the use of her property. No “cold feet”; she declined to be involved in anything so shady …. in her case because of her religious beliefs; if it had been me it would have been out of fear of getting caught [I'm not so religious].