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	<title>Comments on: Kevin Rudd’s Labor Government May Face Economic Problems Due to US</title>
	<atom:link href="http://www.dailyreckoning.com.au/rudd-economic-problems/2007/11/27/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.dailyreckoning.com.au/rudd-economic-problems/2007/11/27/</link>
	<description>An independent perspective on the Australian and global investment markets</description>
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		<title>By: watcher7</title>
		<link>http://www.dailyreckoning.com.au/rudd-economic-problems/2007/11/27/comment-page-1/#comment-5166</link>
		<dc:creator>watcher7</dc:creator>
		<pubDate>Wed, 28 Nov 2007 22:27:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/rudd-economic-problems/2007/11/27/#comment-5166</guid>
		<description>In light of today&#039;s election of a new Liberal Party leader I have added this to the above comment:

Perhaps the Liberals may once again lose an “unlosable” election. A rhyme involves the Federal upper-class Sydney electorate of Wentworth. After the Liberals, under Andrew Peacock, lost the 1990 election to Labor, John Hewson, a founding executive director of the investment bank Macquarie Bank became leader of the Liberal Party.

Now after the Liberals, under John Howard, lost the 2007 election to Labor, Malcolm Turnbull, former chairman and managing director of the investment bank Goldman Sachs Australia is a candidate for leader of the Liberal Party.

It is possible that we have two former merchant bankers and journalists, with university degrees gained in Australia and overseas, from the electorate of Wentworth, both elected to parliament in the preceding elections, leading the Liberal Party in times of recession during a Labor bust?

“Shortly after the leadership change, Hewson made up ground on the Hawke government in the opinion polls as the Australian economy went into deep recession and unemployment skyrocketed...

“At the March 1993 election Hewson was defeated by Keating, losing what many had described as &quot;the unloseable election&quot; for the Liberals” (John Hewson, Wikipedia)].</description>
		<content:encoded><![CDATA[<p>In light of today's election of a new Liberal Party leader I have added this to the above comment:</p>
<p>Perhaps the Liberals may once again lose an “unlosable” election. A rhyme involves the Federal upper-class Sydney electorate of Wentworth. After the Liberals, under Andrew Peacock, lost the 1990 election to Labor, John Hewson, a founding executive director of the investment bank Macquarie Bank became leader of the Liberal Party.</p>
<p>Now after the Liberals, under John Howard, lost the 2007 election to Labor, Malcolm Turnbull, former chairman and managing director of the investment bank Goldman Sachs Australia is a candidate for leader of the Liberal Party.</p>
<p>It is possible that we have two former merchant bankers and journalists, with university degrees gained in Australia and overseas, from the electorate of Wentworth, both elected to parliament in the preceding elections, leading the Liberal Party in times of recession during a Labor bust?</p>
<p>“Shortly after the leadership change, Hewson made up ground on the Hawke government in the opinion polls as the Australian economy went into deep recession and unemployment skyrocketed...</p>
<p>“At the March 1993 election Hewson was defeated by Keating, losing what many had described as "the unloseable election" for the Liberals” (John Hewson, Wikipedia)].</p>
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		<title>By: novosonic</title>
		<link>http://www.dailyreckoning.com.au/rudd-economic-problems/2007/11/27/comment-page-1/#comment-5101</link>
		<dc:creator>novosonic</dc:creator>
		<pubDate>Tue, 27 Nov 2007 05:48:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/rudd-economic-problems/2007/11/27/#comment-5101</guid>
		<description>I never liked &quot;ALL THE MONIES OF THE WORLD&quot;. because, once the politicans turn away from speaking and dialouge, they start running the printing presses...and there&#039;s no human way that government regulation can eliminate boom busts cycles...

well the chinese invented paper money long before the west so i doubt americans have any say in australians future.

and in the early eighties the first modern breakup of a hyper inflationary society was argentina in the early eighties.

i suppose it&#039;s like any person would do... throw away the credit cards, balance the check book, and get back to work and earn instead of speculating...

or as the brother of brothers would say: &quot;go forth and sin no more&quot;

taxation is theft
inflation is a &#039;hidden&#039; tax

buy a radiation monitor ;
understanding gamma radiation is the key too unlocking unlt&#039;d solar energy and also the key to spacetravel...</description>
		<content:encoded><![CDATA[<p>I never liked "ALL THE MONIES OF THE WORLD". because, once the politicans turn away from speaking and dialouge, they start running the printing presses...and there's no human way that government regulation can eliminate boom busts cycles...</p>
<p>well the chinese invented paper money long before the west so i doubt americans have any say in australians future.</p>
<p>and in the early eighties the first modern breakup of a hyper inflationary society was argentina in the early eighties.</p>
<p>i suppose it's like any person would do... throw away the credit cards, balance the check book, and get back to work and earn instead of speculating...</p>
<p>or as the brother of brothers would say: "go forth and sin no more"</p>
<p>taxation is theft<br />
inflation is a 'hidden' tax</p>
<p>buy a radiation monitor ;<br />
understanding gamma radiation is the key too unlocking unlt'd solar energy and also the key to spacetravel...</p>
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