what he did not reveal

By selectively quoting from today's AFR
article on page 68, TheWord cleverly
avoided a quote that destroys
his case that the sky's falling:

"The group (GPT) estimated it new
finance would be 5 to 10 basis points
more expensive than before."

"Yes it's a rise but it is not
material," one analyst said.

TheWord has been getting his
knickers in a twist over a
1/20th to 1/10th of
one percent rise
in interest rates
on borrowings
by property
companies!

Big Effing Deal!

I must write home to mother!

When all else fails...



... try group therapy.