Well, we have no worries about the world financial crisis.
Our Prime Minister has solved the problem for Australians by giving pensioners, new home-buyers, and carers, lovely cash Chrissy presents - all all to save us from national financial doom. He's also guaranteed all of Australia's bank accounts, so businesses large and small, and the rest of us, can resume lending and spending.
I'm not really treating this generosity lightly. In fact, I think our PM has made the best and probably the only move that was available. All the experts have been telling us Australia had such financial stability that we could weather the storm better than almost any other country. The experts were probably right, but their assurances didn't carry much weight against constant tales of impending World doom on TV, and headlining our papers every day.
It's clear that the best way to financial security is to have "money in the bank", and we are lucky Prime Minister Rudd had a large a surplus from which to draw.
It's a bit tough on the politicians from our former government, who raised most of the money, and set up what they called "future fund".
But it's going to be great to see our country back in business!
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Good comments. It's hard to know how much to believe in this "global" financial mess. I do know that our National debt now goes over $10 trillion. This is a debt foisted upon our children, grandchildren, and future generations. I read one columnist's statement today in which he compares the financial situation to jumping off an 80 story building. For the first 79 stories, you can think you are flying. It's the sudden stop that causes the problem. We really must get these finances in order.
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