We have swopped our sound reserves for risky US Currency to support this risky US currency which is now being used to buy Banking Bad Debts and will soon be all but worthless.
In so doing we have every chance of seeing our money depleted at best or lost in the long term.
Rudd was the greatest critic of John Howard and his US policies. Not only is now he kissing the USA ass, he is throwing our Taxpayers funds into the ring to make himself look good on the World stage.
The result will be an inevitable loss of our living standards in Australia and a waste or partial waste of our hard earned surpluses.
