Saddam Hussein did the same thing (to Kuwait's oil reserves) as Howard is doing to Commonweath cash reserves as he's being hounded from office - it's called a scorced-earth policy.
This is very serious and ugly stuff!
What we are witnessing is not only the debauchery of the value of money (the other side of that coin being Howard is setting Ruud up to inherit an inflationary spiral into recession) but we are witnessing the torching of a once great party by John Howard:
