SECTION FOUR, PART EIGHT

You Definitely Wonder, Why? It didn't take long for Tony to be exposed. Within a few months of taking over as PM, the 50's thinking goober wants to play machismo with a country with 10 times Australia's poplation, by refusing to say sorry for spying on you, and your spouse, and your senior ministers. Forget the " everybody does it " excuse...everybody knows that everybody does it. You are making the same statement as I have two legs. But "respect" say that the line should have been.." If i had known i would have exercisd more,direct control over the policy". Tony receives a lot of very poor advice, by some obviously fervent supporters. How many times will we see foreign dignitary scenes, where the camera pan picks out images of Peta Credlin. His policy advisor appears just a little too frequently for me not to be unconcerned about her influence. Is Tony that bad a decision maker, that he cannot handle those set piece moments, without her looming into the frame. All too unelected for my liking. They say Tony likes Maurice Neumann, last week's special. He also listens to David Murray. David comes with some heritage. From his union busting/contract busting period as head of the Commonwealth Bank......if you ever meet him ask what did happen to the Admiral's outfit he wore to one major meeting of staff during the 90's, trying to both steer , and right the ship , no doubt..... Tony's given David the gig of examining the financial system, to ensure that it is competitive, and fair, and all those noble sounding concepts. Now of course, David was one of those coterie of banking heads who presided over the downsizing of the bank branch systems, so that in able to compete with the offshore banks, determined that it was good policy to treat retail customers with contempt, and significantly lift the needs for the banks to rely on wholesale funding markets...typically offshore. So David, and his cohort, were the very ones who jeopardised the nature of the financial system when wholesale funding dried up in 2007 and 2008. Luckily David had moved on by this stage...to head up the Future Fund....itself having a colourful role in 2008 when it became a form of lender-of-last-resort to banks to help supplement some of the foreign withdrawal of that wholesale funding. Suddenly all the bank strategies of showing contempt for retail deposits became horribly exposed for its short sightedness...and only an egregious taxpayer put option of government protection of deposits that steadied the banking system. So does David really represent the best, and most qualified, Australian to conduct a competitiveness audit of the financial system, let alone have any vague conception of what fairness really is? I am sure James Packer, and the Barangaroo casino/hotel thinks David is swell....just not sure about fair! Like Yellen, people who were part of poor prior decision periods don't seem to suffer for the damage they have inflicted. I really do feel that the social contract, and justice/fairness for the population, are coping an overwhelming drubbing at present. Maybe time will tell, but i really have my doubts, and leadership is not particularly inspiring. Tony....this ain't an SRC meeting anymore. Grow up, and start making better choices.