Criminally Incompetent Rudd Government - International Imperialism

Crushing debt effectively allowed first world nations to suck the life’s blood from ‘underdeveloped’ nations – the Congo, a staggeringly rich nation whose population remains impoverished to this day, is one example of many! But who would have thought first world Australia would fall for the third world DEBT TRAP?

In the past, international banking and corporate interests created the appearance of assisting underdeveloped nations with ‘investments’ and ‘projects,’ a type of financial charades was played out for the benefit of first world populations while poorer nations were raped of everything of value. Paul ‘bouquet of flowers’ Wolfowitz, as president of the World Bank, attempted to debt-enslave oil rich Timor-Leste but failed; the powers then dropped all appearances and invaded the tiny, defenceless BUT EXCEEDINGLY RICH nation of one million souls! Timor-Leste remains occupied to this day and coveted oil and gas resources are being exploited by Transnational interests as I write!

However, times have changed; the times to which I previously referred were, in the main, characterised by representative democracies and national leaders were constrained by mandates and by the prevailing cultural consciousness. Today, however, NO SUCH CONSTRAINTS EXIST! After years of ‘siege,’ representative democracies have ALL fallen under the direct influence of BIG BUSINESS. The amount of money required to run for the US presidency – Obama’s kitty reached approximately $200 billion -- is indicative of a very exclusive, elitist, state of play!

What I am stating is that REPRESENTATIVE DEMOCRACIES ARE DEAD! What we witness today in former democratic nations is bought and groomed puppets doing the bidding of their masters; Australia’s Kevin Rudd is perhaps the best example of a lacklustre, COMPLIANT, twerp placed in power by BIG BUSINESS INTERESTS.

The need to play benevolent (financial assistance) charades is over; the powers today merely ORDER their puppets to jump, roll-over and play dead whenever they wish – and if your looking for the most extreme example of a show-pony, performing-dog-leader, then look no further than Kevin Rudd of now DEBT-ENSLAVED AUSTRALIA!

Rudd, whose most outstanding quality is NARCISSISM, and who has never had an original idea in his pathetic, bureaucratic life, under orders from ‘on high’ has plunged his tiny (20m population) nation into a debt trap rivalling that of any underdeveloped third world nation – too easy!

Clearly, parallels exist. Australia’s mineral wealth is staggering; it has 400 years WORLD supply of iron ore at today’s consumption levels and 38% of the world’s available uranium supply among other high levels mineral resources. So why should Australia be treated differently to other debt-enslaved nations? The answer, after watching Rudd shackle the nation with UNPRECEDENTED DEBT is clear, it shouldn’t! Welcome to the newest banana republic on the block, AUSTRALIA!

A very well deserved fate for the most apathetic, cringing, xenophobic, racist population in the world; and there’s worse to come!

However, all is not lost and the situation is easily remedied. Take government by any means -- an easy task for any determined population – apprehend ALL puppets, traitors and enemies of the people, put them up against a wall and shoot the bloody lot of ‘em -- after due process and fair trials for treason, of course! They haven’t got a hope – and you think I’m joking, don’t you Mr Allan Moss and ilk? The day is fast approaching.

‘av a nice day!

[Bend over, Oz!]

The latest annual RBA banking fee figures released today revealed that the total domestic fee income rose to $11.6bn in 2008 from $10.5bn the previous year.

While noting the 8% growth over the last 12 months, the RBA said that in the case of both businesses and households, this "appears to have been mainly the result of greater use of banking services, rather than higher unit charges."

The central bank also said that the growth of fee income over the past year has been slower than the growth of the banks' balance sheets - as has been the case since 2002.

In the period from 2000 to 2007, fees have been rising steadily from $6.2bn to $10.5bn respectively.
The latest increase may spark the interest of the government and consumer advocacy groups, which have been critical of bank fees in recent times.

The federal government, in particular, has flagged for some time that it wishes to review current bank fees and has launched a senate inquiry into bank fees and charges. As a result of the inquiry, this years' RBA survey has included data on banks' exception fees (charged for breaching the terms of a bank contract) for the first time.

While there is no historical data to provide a comparative insight, the RBA figures found that in 2008 exception fees totalled $1.2bn - around 10% of banks' total fee income.

© 2009 Key Media Pty Ltd.

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