New treasurer Wayne Swan doesn’t have a clue when it comes to dealing with banks.
Banks around the country are getting away with raising their interest rates – even when the Reserve Bank hasn’t raised official rates.
Shadow Treasurer, Malcolm Turnbull is right. They’re treating Swan like a mug.
If Swan doesn’t lose the training wheels soon, the millions of people who got duped by Kevin07 are going to be worrying about Rates08. And Swan’s credentials on fiscal management will look about as beleivable as that woeful hairpiece of his.
The age old cycle of “Labor Mismanagement” begins again.