Monday, November 24, 2008

Kevin Rudd and Wayne Swan - There's no def......

Kevin Rudd and Wayne Swan 

Click to enlarge

Just say the "d" word. Get it out there, and life will get easier. Those of us who took a while to kiss a girl know that, the longer you wait the harder it gets.

I also have another tip, a forecast I haven't heard yet. Kevin is terrified of borrowing. The pressure to do so is getting greater by the day. He needs a large infrastructure spend. There is a large pool of money, called superannuation, looking for somewhere to be invested, other than shares.

I bet, they, the government, are looking for a way to bring the two together. Kevin doesn't have to borrow, as much, and our super gets a new home. I'm not actually opposed to it. I am interested to see if, and how they do it. This is a theme I will be exploring.

Posted by Picasa

Monday, November 3, 2008

Kevin Rudd and The Banks

Kevin Rudd 

Click to enlarge

They've made me grumpy again. They're good at that Banks.

We, through the government, assist them when they need it. When the broader financial market needs their help, what do the banks do? Shuffle their feet and look at the ground. Now, they are looking at making 10,000 people redundant. What effect does that have on the economy. What would happen to the economy if they kept those people on? Sure, their profits may suffer short term, but.....
Posted by Picasa