Why Costello Must Resign Or Be Sacked

 australia  11 Responses »
Mar 222012
 

The Derp has already outlined why appointing Peter Costello to the board of the Future Fund was a mistake (Two Of Kevin Rudd’s Biggest Mistakes). Let’s now take a look at some reasons why he should now be removed from the board altogether, either voluntarily or by being told to go. First off he is incompetent at making investment decisions. Back in the days when gold was trading at $325 an ounce, Costello sold our gold reserves off, claiming it’s days as a commodity were over. Gold is now trading at over five times that amount. It is estimated that this hapless decision cost Australia around $5 billion. Second there was his disastrous foray into forex trading. This cost Australia $1.9 billion. With a track

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Two Of Kevin Rudd’s Biggest Mistakes

 australia  5 Responses »
Feb 252012
 

Kevin Rudd made many mistakes during his reign as Prime Minister. The following is about what I believe were his biggest mistakes. There are also a lot of skeletons coming out of the closet in the last few days about Rudd’s autocratic, dictatorial management style such as this one by former staffer James Button. As bad as all of these things are, they are not Rudd’s biggest mistakes. The World’s Laziest Treasurer. The Liberal Party, along with other right of centre organisations, have a habit of rewriting history to paint a glowing picture of themselves and their belief system. One of the biggest rewrites they have done in recent times is to paint themselves as being the best managers of the economy. This myth has

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