Kevin Rudds, Blank Cheque to More Corporate Excess: How Stupid Can You Be?

Bad Ideas – February 5th, 2009 by Don

Kevin Rudd, How more George Bush like, are you getting to be. Every day something new, and something more stupid, and you expect us to go along with it, as if we were village idiots.

Attempting to force through something of this magnitude without any semblance of  Accountability is just mind numbing ?What is the Fine Print here? Where is all this money going to go? What are the accountability mechanisms. How do we know the state Goverments are going to do the right thing and not use it for pork barrelling before their state elections

How far as a country, as a democracy have we fallen Australia, so much so that all it takes is for any old politician to come along, shake a bag of money in front, of us, and for us to to get giddy at the knees, and say Yes Please,  WITHOUT even the tiniest of thoughts as to DUE PROCESS and ACCOUNTABILITY Mechanisms or more Importantly as to how all this Money, is going to get PAID BACK.

All this Talk , all this SPIN about thousands of jobs getting created, is just that TALK  and HOT AIR. What are the Specifics? What types of jobs, for what types of projects and where and when.

Every man an his dog in this country is quite happy for Hospitals to get fixed, or Metro Train Systems, to be Built, indeed some Infrastructure project of National significance that will add to the country’s evolution and growth.

However, giving Tax Payer Dollars to Broke Property Developers, so that they can build empty shopping centres simply defies belief.

Michael West of the Sydney Morning Herald mentioned something in his piece that struck a chord with me and indeed will also do the same with everyone that takes the time to read it.

I grabbed excerpts from the  paragraph and it is below. The link to the full article is below also.

Overnight in the US, Barack Obama announced his decision to cap executive salaries on Wall Street at $US500,000; for any financial institutions, in fact, which accessed Troubled Assets Relief Program funds and other support.

There is no reason why Kevin Rudd, if he is at all fair dinkum about his ‘’social capitalism”, and the new era of responsibility, cannot impose a similar cap for those riding on the taxpayer’s back.

For the full article please go here: http://business.smh.com.au/business/putting-the-cap-on-capitalism-20090205-7yes.html?page=-1

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, , Barack Obama, Corporate Excess, Kevin Rudd, Stupidity

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