Dear All,
1. From the The SMH Newspapers today, it was reported under the article, "My first 5 steps as PM", I observe that neither the "economic management" nor the tackling the present housing affordability related crisis, was listed as among the top 5 key goals for Kevin Rudd and his ALP for their first 100 days of governing Australia, should they got elected after the Federal Elections outcome has been made known next Saturday on 24th November 2007.
http://www.smh.com.au/
2. Does Kevin Rudd seriously think that the proper economic management of Australia is on "auto-pilot" mode because of the present ongoing resource boom which many local Australians are presently thinking and taking it for granted presently?
3. Or does Kevin Rudd seriously think that it is RBA that is indeed truly (and wholly) responsible for the proper and sound economic management of Australia and not his ALP Government, once they have won the Federal Elections next Saturday?
4. Presently, I do not have a good feeling about the continued economic prosperity in Australia under the Kevin Rudd's Prime Ministership since he and his ALP do not consider proper and sound economic management of Australia, is one of his top 5 priorities, amidst the present ongoing unfolding of the world's growing financial crisis arising from the recent US Credit Crunch and housing slump related events.
5. This is especially so when the RBA has been "forced" to pro-actively respond with 2 seemingly "self-contradictory" policies earlier this month by increasing the interest rate this month to curb down the increasing underlying core inflationary pressures and at the same time, having to pump in an addiitonal $1.7 billion into the local Australian Economy so as to calm the local markets and improving its cash liquidity.
6. For your futher comments and discussion, please.
7. Thank you.
regards,
Kenneth KOH