Tuesday, 26 July 2011

Investing in Toxic Garbage with Taxpayer's Money

Everyone waxes rhetoric on the NBN and its cost. I don't, it may provide a return.

But, what about the facts that the govt has 'invested' $20B in the second biggest housing bubble in the world (China is No1)?

Deadly silence from the media (woohoo here comes a Carbon Tax).

You can read it [and weep] here:

How goes it as the bubble unwinds? Downgraded baby. Moody's can see the writing on the wall.

Where have the fish gone Wayne?

1 comment:

  1. More Houses, more and more carbon emission, What is the need in investing $20 Billion ?