Prime Minister Krudd argues for more government intervention, but that we shouldn't have too much government intervention? The man is clueless.
Treasurer Swann says inflation low as the price of gold reaches record highs! In actual fact, the value of the dollar has reached record lows, inflation is the highest it has ever been! The man is clueless.
The Australian people voted for these clowns, they are clueless.
The Australian dollar will continue to fall against gold, the only true measure of the value of government paper i.e. the dollar. As goes the price of gold, so goes the price of everything else.
And maveri, you are wrong. Capitalism is not just another name for greed, why? because with 'pure' capitalism greed is balanced by fear, the fear of losing your money. It is only through government intervention in the form of fiat money, government bailouts (welfare), etc that greed can become dominant.
Australian Government to rescue Capitalism
http://www.news.com.au/business/story/0,27753,24986418-462,00.html
Could we expect anything less from our government?
This is the beginnings of a power grab in my opinion.
We already have the internet filter being forced upon every citizen on the pretense of protecting the children (read Adolf Hitlers quotation on this as an eye opener!)
Swings and Round-abouts really isn't it. Capitalism in it's pure form is just greed by another name and now that the wheels have fallen off and it's shown it's true nature, to keep it alive under a disgused form, we have governments going to manipulate the beast to give it credibility that it's being tamed.
Could we really expect anything less? Governments with no vision just returning to what they know rather than explore new concepts.
Old empires can take years to collapse and I suspect capitalism will be the same - no-one relinguishes power willingly and whilst I would love a society based upon sharing and cooperation my fear is that the average person hasn't even considered that there are other possibilites available - the money system is the same - the average person in the street has no idea how money is even created and that it's a flawed system so they just flock and endorce what they know and don't question or demand anything new. By the time people's awareness is raised to alevel to demand a new system, I suspect the old will be propped up in some form and people will slip back into their old ways again :-(
Until people can be shown a clear vision of an alternative system, people will just cling to the dead horse they have. It has to be more than people just saying the old system is dead - a new vision needs ot be imparted or people will not follow.
To quote a biblical proverb, governments / the financial sector are like the dog that just returns to it's own vomit.
Whilst the world is getting increasingly angry at Amercia for the mess (and quite rightly so in some ways - but if your stupid enough to follow someone then your to blame to some degree too) at least America has a glimour of long term hope - a president with morals and a sense of direction - unlike our own prime minister that just quotes others and copies others *sigh*.
So, now to keep capitalism afloat we will have our government sticking it's nose into private citizens affairs - who knows how far this will go?
The death of capitalism is like those old comedy western's where the shot cowboy takes ages to die - he keeps twitching and sitting up, twitching, sitting up, etc etc etc