Posted by: Bruce | December 9, 2019

Perhaps Love – John Denver & Placido Domingo, 1981

At 93 yrs, Mums hearing wasn’t the best. When last year we drove to a town called Karuah, and sat and talked with a view and a Magnum Classic, I slipped a John Denver Cd into the player and cranked up the volume. Same on return.

This song she really liked. I watched her watching the scenery with a smile.

Words for Today:       Happy Birthday Mum

More to come:     same blog time, same blog channel

On Dec 2, 2019 I was driving and this song played. Always liked it and I tapped away remembering times past.

Lead singer, Andrew ‘Greedy’ Smith passed away the following day.

 

Words for today;       Lyrics of this song – Words for past, present and future.

More to come;     same blog time, same blog channel

Posted by: Bruce | November 30, 2019

Eloise – Barry Ryan 1968

This takes me back to my mid teens, slot car tracks, girls and riding my older sisters little motor scooter through Glebe at night, no licence. Don’t tell my parents.

Word for today;     EloiseI’d love to please her (lyrics below)

More to come;     same blog time, same blog channel

Eloise
Barry Ryan

Every night I’m there
I’m always there
She knows I’m there and heaven knows
I hope she goes (Eloise)
I find it hard to realize
That love was in her eyes
It’s dying now
She knows I’m crying now
And every night I’m there
I break my heart to please
Eloise, Eloise
You know I’m on my knees yeah
I said please
You’re all I want so hear my prayer
My prayer
My Eloise is like the stars that please the night
The sun that makes the day
That lights the way (Eloise)
And when that star goes by
I’ll hold it in my hands and cry
Her love was mine
You know my sun will shine
And every night I’m there
I break my heart to please
Eloise, Eloise
You’re all I want you’ve got to hear my prayer
My prayer
My Eloise I’d love to please her
I’d like to care but she’s not there
And when I find you
I’d be so kind you’d want to stay
I know you’d stay
And as the days grow old
The nights grow cold
I want to hold her near to me
You know she’s dear to me
And only time will tell
And take away this lonely hell
I’m on my knees to my Eloise
And every night I’m there
I break my heart to please
Eloise, Eloise
You are my life so hear my prayer
You are the prize I know you’re there
I know you’re there
You’re all I want you gotta hear my prayer
Yeah yeah yeah
You’re all I need but you’re not there
Oh no you’re not there
No no no no
Yeah yeah yeah yeah yeah
My Eloise
Oh I’d love to please her
Oh my Eloise
Oh my Eloise oh my Eloise
Don’t lie to me
I said no no no no
My Eloise
Songwriters: PAUL RYAN
© Sony/ATV Music Publishing LLC
For non-commercial use only.
Data from: LyricFind

Banks. Do they have an image issue? Wonder how they are perceived by market mortals? Is public opinion of interest to them? Interest, a handy word.

CommBank and mirror - Edge image

Mirror, mirror on the wall, who’s the biggest bank of all?

Very recently, the Commonwealth Bank announced it was looking at charging higher interest rates to those who qualified for a loan through the Federal Gov’ts First Home Buyers Scheme. Eyebrows to the top.

The C’wealth Bank said that the likelihood of borrowers defaulting on their loan was higher, therefore it will consider raising interest rates to cover this risk. This is despite the fact that the loans are guaranteed by the Federal Government. The other big banks of course will go for the same hayride.

Some points of interest:

  • How’s that for logic? Make it financially harder for assisted first home buyers, young or not so young, and increase the likelihood of defaulting. Hmm. I wonder what profit is made reselling properties of mortgage defaulters?
  •  The fairly recent conclusion of the Royal Commission into our banking industry did not have our banks smelling of roses, more of an old egg aroma really.
  • Westpac Bank have just hit the headlines for breaking money laundering banking regulations, not once, but 23 million times. I’d be jailed for that.
  •  Banks love credit cards with annual fees and interest rates over 20%. Late paying ‘customers’ lets them cash in on penalties plus interest. Often, credit cards are held by those who can least afford them.
  • Many bank fees were cited as unfair and unjustified and refunds occurred.
  • Banks have to keep investors happy with good returns on their shares.
  • Banks often reject Gov’t policy and do their own thing regardless.
AusBankingOligopoly-image via thenewdaily.com

Australia’s banking oligopoly; CommBank, Westpac, ANZ, NAB.

This last bit about investors; Is the bank for the customers lined up at the grill or for those with money to invest in shares? Maybe most of the investors are also customers with loans, hoping to get a little bit of loan interest back via their shares. This structure of a bank (and other businesses), ‘juggling’ customers vs shareholders, strikes me as a conflict of interest.

I think we have a pretty strong banking industry though. Should have, thanks to paying customers.

oliver twist net image Edge

Oliver Twist with Commonwealth Bank jacket.

Banks, to me, are a bent version of Oliver Twist. “Please sir, I want some more”.

Eyebrows down.

https://www.abc.net.au/news/2019-10-27/government-unveils-details-of-first-home-buyers-scheme/11644018

https://thenewdaily.com.au/money/finance-news/2017/09/20/big-bank-oligopoly-slammed/

https://www.theguardian.com/australia-news/2018/aug/03/banking-industry-found-to-be-an-oligopoly-that-exploits-its-customers

Oligopolistic behaviour in the banks

https://www.businessinsider.com.au/first-home-buyer-scheme-interest-rates-bank-2019-11

Word for today;       Interest  – A banks lifeblood on tap.

More to come;      same blog time, same blog channel

Posted by: Bruce | November 3, 2019

Hold me now – The Thompson Twins.

Here’s a little music from the 80’s. Not the most thrilling video but I like the track.

 

Words for today;      I have a picture – pinned to my wall

More to come:     same blog time, same blog channel

Posted by: Bruce | November 3, 2019

Australian Made by P.M Scott Morrison.

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