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The resource 'super' profit grab is an poorly conceived,...

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    The resource 'super' profit grab is an poorly conceived, atrociously timed grab for cash from a government that has mismanaged the GFC impacts on Australia. Rather than considered a response taken at the appropriate time with the correct quantum of stimulus, the government of krudd anticipated the worst & threw ridiculous monies at it like the $900 give away, the stupid insulation(& deadly) roof insulation scheme managed by a hapless hypocrite. To add insult to injury they then came up with the school hall building program for schools where other pressing needs were ignored & foisted expensive badly designed buildings upon them. Hey presto, suddenly shock horror we have a massive fiscal debt and being good socialists as they are, they look around for an easy target - bang, the mining companies appear easy targets. Now the government wonders why the out cry when the public realise that as well as killing the golden goose, it will flow through the entire economy. Now krudd & co have painted themselves into a corner having back flipped over so many prior issues (the last & biggest was the ETS which was to fix the biggest moral dilemma of our time) they can't afford electorally to back down. Unfortunately, they can't electorally afford to proceed either. To save face & votes, the only solution is to use the excuse of this latest GFC mkII to 'postpone' (read kill off) the RSPT.
 
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