Rudd slams 'obscene failures' in banking system - ABC News (Australian Broadcasting Corporation)
One wonders why, given the economic crisis is not of our making, why the US is government is not being asked to pay the $10.5 billion the Australian government is being forced to spend on a stimulus package.Yesterday the Government also announced a $10.5 billion stimulus package to help Australia cope with the meltdown.
Mr Rudd says the package has come at the right time.
"As Prime Minister I will not sit idly by and watch Australian households suffer the worst effects of a global crisis we did not create," he said.
Our blind fawning to all things American is now paying its expected dividend of fear and anxiety.


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