There were articles from sensible finance writers in nearly every news paper warning of what Rudd's stimulus FHBG could end up doing as he went about creating a financial landscape (with cash handouts and government debt) that put these people at future risk via rate rises.
Well the future is now and those FHB's were silly for not reading their papers finance or opinion column, instead listening to the temptation of Kev's bonus and easy money.
Similarly Rudd's army of spinmiesters who scan the papers every day to formulate plans and gather the mood, were unable to pick up on the logic that was expressed in those articles. Shame on them too. Being able to brag about no technical recession was far more important than intelligent policy, ie: extra grants limited to new dwellings only.
