Rudd is having a dream run and might well be our next PM. But, what a clot. Stupid proposals to reregulate our labour markets that are performing about as well as they ever have, daft industry and protection policies, daft handouts to the motor assembly industry, a cowardly and opportunistic policy on Iraq. Where is the serious thinking?
And there will be more infrastructure projects - fast train, renewable energy - one can guess that none of them will pay the FF a reasonable return. Politicians should never have created the FF cookie jar - it will inevitably be raided and abused. It is easy to spend other people's money when you do not need to account directly to shareholders.
It was members of the Left who advanced the idea of a Future Fund. A major criticism, scoffed at when it was discussed, was that opportunistic politicians would use the forced-savings in the FF to buy their way into government. It has already happened. The cookie jar is already being raided to pay for 'infrastructure projects'. Thanks Kev-vie.