When you elect fools

news.com.au - PRIME Minister Kevin Rudd has, for the first time, acknowledged that Australian household budgets will have another two years of battering from the global financial spin-out. And he says there will be "bumps and pain" along the way and higher unemployment. ...... "I think it's fair to say we're not looking at a challenge over a couple of months. We're looking at a challenge over a couple of years. "And this will be tough."
But not tough enough for PM Rudd's cronies to push ahead with their stupid war on carbon and climate change.
The West - Early action to tackle climate change will reduce gross national product by just a tenth of a per cent a year, with the economy continuing to grow strongly, the federal government says. Treasurer Wayne Swan and Climate Change Minister Penny Wong said Treasury modelling of the economic impact of an emissions trading scheme showed early action to tackle climate change would sustain growth, create new jobs and protect the economy into the future. They said the economy would continue to grow strongly as carbon emissions were reduced.
They also waffled something about low-income families being compensated by the government. I simply wish the morons reporting this would tell the public out there that what they mean by, 'compensated by the government', is that it'll be the rest of us deemed 'well-off' or perhaps 'extreme capitalists' who will be the ones doing the compensation, not our treasurer dipping into his personal savings account or something.

Having said this, if you think that the treasury modelling, fancy pie graphs and the words of this moronic administration can be believed, try telling that to the thousands of investors whose money is locked out thanks to PM Rudd and his gaggle of socialist weasels.
news.com.au - Australians with more than $25 billion trapped in 56 investment funds and wanting a solution have been told to await the outcome of an inquiry by regulators. Mr Swan last night refined the Government's universal bank deposit guarantee, announced nearly a fortnight ago, placing a voluntary fee on deposits of $1 million-plus from November 28. The Government has also widened the guarantee to include foreign bank branches. Billions of dollars have been frozen to prevent a run on mortgage funds, and Mr Swan said regulators were "assessing all relevant action". Just a day after telling concerned investors to go to Centrelink in the event of financial difficulties caused by the freeze, he said more detailed consultation was needed.
Long story short, the bank guarantee that these morons hurriedly put together so that PM Rudd can look like he's doing something, anything no matter how ill-concieved set off a mad rush of people withdrawing funds and shoving it into the banks that were guaranteed under his grand scheme. This left those who worked and saved their money in managed funds high and dry. They can't touch the money they worked for and saved for the rainy days. So in effect those that worked and saved for the rainy days got punished, those that didn't got rewarded.

Now that the fools have figured out that they screwed up, suddenly they want more time and 'detailed consultation', that means he has no clue, never did and probably never will. Heavens above America, learn from us, this is what happens when you elect fools and closet-socialists. But once it's done, it's done, you're stuck with them till the next election rolls around.

Even then, thanks to a fawning, compliant media, there is no guarantee that enough of your countrymen will figure out what's really going on and get their kicking boots on.

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