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Originally posted by VIKINGANT
He promised to lower interest rates. We have had an increase every month since he has been P.M.
As for the interest rates I recently spoke to a specialist in the financial expert about the increases of late. He stated the economy works on or around a 10 to 12 year cycle so the rate increases are actually due to the Howard goverments failure of the economy not Rudds as you state.
It also doesn't help when people send more than the make. We now have live in a society where people can't save to buy the things the want because they want them now. This is the reason for the rate increases, we have to start saving more than we spend then it will balance itself out.
Originally posted by Cthulwho
Citing Kevin Rudd's promise that there would be no Chinese security protecting the Olympic torch, apparently standing up to pressure from the Chinese. In the end Chinese got their way and were allowed 2 security officers protecting the torch, much to the dismay of the federal police.
Australia's government had been insistent that its officers would provide protection for the flame, not the phalanx of blue-suited Chinese guards who are travelling with the torch.
The Australian police officers repeatedly pulled the three Chinese guards trying to run with the torch away from their positions alongside the torchbearers.
Australian Workers Union spokesman Paul Howes says inflation is a threat to working families and he wants an option in the Budget to pay the tax cuts into superannuation.
"Rather than see this money driven back into the economy through tax cuts, it will go into savings," he said.