Friday, May 9, 2008

Political accountability reaches a low point

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This story highlights the pathetic state of corporate welfare in Australia and other western countries. The policy is being adopted in Australia, the USA, Britain and Scotland, and I dare say it will be copied in other countries. Is this what taxpayer funds should be used for. This is the worst form of largesse by state & corporate powers, and then they pass responsibility for their mistakes to the taxpayer. In the meantime they get to keep their corporate bonuses. The politicans retain their jobs. Where is the accountability.
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Andrew Sheldon www.sheldonthinks.com
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