The mining sector is the one sector that saved Rudd's flabby jelly-boned asr*e, and saved Australia from being more buffeted by the GFC. Rudd no doubt likes to think it was him with his magic money jar. If we vote this clown back in Australia deserves what's coming.
The mining sector is the one thing that is keeping Australia's current account deficit, from spiraling down to much worse levels than it already is. If we want to see the value of the A$ become worth less than the Russian Rouble, Rudd is going about it in the right way.
Previously Rudd was once a pathetic annoyance one, now he is at risk of seriously weakening the country. Swan & Henry are obviously completely institutionalized, and like Rudd, lacking any understanding of the commercial implications about future mining investment they are playing with here.
In one fell swoop a lot of small-mid size mines I could name that were coming on board will now not reach the required hurdle rate for investment with this new tax.
