government

Reader, you know your editor is like a dog with a bone. Once we start on a subject it tends to consume us for several days, almost without break.

Our property mumblings are a perfect example. We take a massive bite and just can’t let go. Eventually one of us gets bored and so we move on to the next thing.

As for property, we’ll come back to it at some point. We’re just waiting for something big and juicy to turn up before we do.

Yesterday we spent most of the day researching for the next issue of Australian Small Cap Investigator. There are two stocks we’ve got on the radar, and unless something turns up which we don’t like then we plan tipping both of them.

According to our assistant publisher, Joanne Ha, this month’s edition should be completed and mailed out to subscribers by tomorrow…

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“Poll finds people like ‘free’ money”

Well, that wasn’t the real headline, but it may as well have been.

Both The Age and the News Ltd websites report that 59% of respondents to an AC Nielsen poll approved of the bail out to the banks, the billions spent (and to be spent) on infrastructure projects, and of course the $900 cash bribe.

We’ll assume the first home buyers grant is in there as well.

Interestingly, 52% said they were in a similar position financially as they were last year. While 20% said they were better off.

What do we make of that?

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I’m not sure whether you’ve noticed or not, but we’ve focused on the property market over the last couple of weeks…

Oh, you have noticed. Good, well, you may – or may not – be pleased to know we’re taking a break from it for today at least.

That’s because we’re not sure if there’s that much more to say. If you think we’ve missed something let me know. But check out the articles that have been posted to the Money Morning website first, and also take a look at the comments made by other Money Morning readers.

If I find anything else exciting to write on property I’ll let you know.

But before I put property to rest, one quick thing. Apparently the property bulls aren’t happy with Money Morning speaking its mind on the property market.

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Your editor has abandoned plans for a property theme in Money Morning this week.

The response on the online blogs and to the Money Morning mailbag has been too much for our walnut-sized brain to cope with.

You can view the articles online at www.moneymorning.com.au and www.dailyreckoning.com.au and of course you should feel free to post your own comments.

However, despite today’s respite from property, we will be back challenging the housing shortage fibbery either tomorrow or Friday. It all depends whether something else pops up to grab our attention.

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