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document.write("<h5>Have we escaped...</h5>");
document.write("... or has it not hit us yet? Our banks may be run well, but the global economy is on very shaky ground. SA Companies will earn less and many will go under, its already happening. Unemployment WILL rise dramatically over the next 2 years and with it mortgage defaults. Add to this mix a uncertain political future and you have a nasty ####tail indeed. The notion that our banks will sail through this unscathed is bollocks.. mike");
document.write("<h5>Well done to Govt & Parliament</h5>");
document.write("These new laws, esp NCA, protected the most vulnerable consumers. The most dangerous of actions from loan sharks and banks on top of unreasonably high interests rates, was their dubious negative marketing and the bombardment of the consumers with credit cards even when they didn't meet the essential criteria. Cheers to Mbeki.. Peabo");
document.write("<h5>SA BANKS</h5>");
document.write("It was exchange control that really did the trick .If this was not in place our banks (driven by greed and the US SPIN DOCTORS )would have bought into bad loans well packaged exposing us to this mess.Exchange control has kept us in financial isolation ward as it were !. Andrew Grieveson");
document.write("<h5>bollocks</h5>");
document.write("You have to love it, bollocks isn't filtered, but c#cktail is.. mike");
document.write("<h5>bollocks/kokstertjie</h5>");
document.write("Makes one wonder who they got sensoring!!. Peter");
document.write("<h5>Reckless lending to the vulnerable continues unabated.</h5>");
document.write("Retailers are still lending as irresponsibly and recklessly as ever. The Foschini Group's RCS extended a credit line of 16000 rand to our domestic worker, and did not conduct a credit check, or contact my wife or I to confirm her income.. The problem is that act is poorly written making it difficult to prove reckless lending. The retailers know it. . Matthew");
document.write("<h5>Undue credit (excuse the pun) to NCA</h5>");
document.write("Let's get back to the core reason for banking which is to provide a return to it's shareholders- just like any other business. When you rent a car you expect to be charged a fee and so too when you borrow (\"rent\") money, the owner of those funds should be entitled to charge a fee. Over the years, regulation (and competition) has squeezed the margins of banks to such an extent that they are unable to provide economic returns from their traditional lines of business- hence their exploration of high-yielding, high-risk credit, more commonly known as the sub-prime market. In short, we can attribute the results of what is being seen to the impacts of over-regulation in the banking and financial industries. Perhaps it should be made public the costs that institutions have had to bear w.r.t. the implementation of ridiculous and poor \"regulation/legislation\" such as the NCA which at the end of the day must be recouped from the consumer. So I ask now that people look deeper into the confined arena in which financial institutions are forced to fight to stay alive and question whether it is the banks who where at fault or the regulators who inadvertently contributed to this unfortunate epidemic and to stop praising and giving undue credit to the NCA- a flawed piece of legislation. After all, the consumer must determine what he can and can’t afford. To draw an analogy- should Pick ‘n Pay or perhaps McDonalds have to evaluate first evaluate your financial position to determine whether you can really afford a bar of Dove hand soap or a BigMac burger? Some food for thought…. Cuddy");
document.write("<h5>Bollocks</h5>");
document.write("obviously, bollocks as a UK word is probably not in the spambots South African dictionary ;). Byrnie");
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