unless government acts now

We will be wiped out if not tomorrow then gradually in a short time though. Government needs to bite the bullet and do what Lee Kuan Yew did when Slater and Walker tried their stunts in tiny little Singapore many moons ago. The Big white bosses were then unassailable regardles of what they id. he proved them wrong and risked it. He extradited the firms CEO in Singapore and after an open trial jailed him for nearly a decade in Changi. That was in late 1967.

Our government needs to prune the inflated and non compliant pretenders who have committed the worst financial offences this century. They need to go after those still clinging in there on a wing and a prayer.

Self regulation meant one thing to us and another to these rogues. If we prune several tens of billions of our market todaay, we will have a much healthier tree, a better garden and it will invite a healthier flow of capital from abroad. The outside world will believe in us and know we mean business.

If the government loses this opportunity now it will be lost forever an the shake out from this event will indelibly leave its mark on our economy.

We need to get the Margaret Jacksons, the Dixons, The Phil Greens and the Andrew Peacocks on to investigators with extensive extra constitutional powers. Money and the markets do not understand the constitution. They speak a different language. We need to place the onus on them to prove they are not guilty of what we believe them to be guilty of. If we have no guts use the anti terrorism legislation and have themr endered to Egypt or Syria. They will speak and the Richos will come ccean with their Swiss bank accounts annd the Trevor Kennedys will attend mass more regularly.