Rudd is lecturing the world on economics because of the global financial crisis. I wonder if they are offended, or they just dont give a shit.
Rudd's plan for banks:
putting rules in place to ensure they are adequately capitalised and developing “internal incentives within institutions to promote responsible behaviour rather than unrestrained greed”.And just how do you propose that? I bet he can't think of one workable example of one rule that might be put in place to make this happen. He cant think in specifics . It's all "the vibe". Basically he wants bureacrats to look over the shoulders of capitalists and go "nah. i reckon that looks a bit greedy, mate. better tone it down.... or else."
One of the main aspects of Nazism and Communism is the breakdown of the rule of law. Its not enough to make sure you follow the rules. The courts cant protect you if you do. You have to please the right people. It's like living under a mafia gang.
Confusion over regulation, which is to say over-regulation with ambiguous or conflicting regulations, is the path to this unfreedom. Honestly, the Maoism in Rudd's thinking really spooks me.
This is Socialist demagoguery at it's worst - fit only for the likes of John McCain. A truly honest "economic conservative" would never dream of acting superior to capitalists.
Also an "economic conservative" would look up the economic facts before he shot of his mouth. This crisis was not caused by "greed" at all (for "greed" in Ruddese read "self-interest" in English).
Might I remind Rudd that the CREDIT CRISIS WAS CAUSED BY LEFTIES SCREWING WITH A CAPITALIST INSTITUTION SO THAT THEY COULD ACHIEVE THEIR SOCIALIST REDISTRIBUTION OF WEALTH BY UNDERHAND MEANS. IF LEFTIES COULD JUST LEAVE THE MARKET AS IT IS THERE WOULD BE NO CRISIS.
See my blog. And this FOXnews clip by way of explanation.
Oblivious to the disastrous consequences, Rudd fully intends to mess up the free market here and repeat Tony Blair's failed New Labor experiment here. Health and education are the areas as i've said. Why else would the OZ be reporting studies that say our health spending is (can't find link).
They're all in it together.
Commies! Everywhere!
Honey, get my gun. I just hope we can take a few down with us.
Yeeee-haw!
(note: that's exaggeration, but not irony. Note also i am not blogging much of late because i've broken the drought on my book. I'll try to get something up every couple of days. Pls stay tuned, dear readers)
UPDATE: in the last 5 minutes the headline at the OZ has gone from "Rudd lectures world on finiancial crisis" (or similar, the word "lectures" was definitely used - implying the Rudd is a tosser) to "Rudd urges big economies to lead reforms".
Does that sound more humble, master? Thank you, master.
(Note again: Only the bit about the gun was exaggeration. As you can see they really ARE all in it together)
