howard not sorry and has not got a clue

or should that be sorry but not my fault

and once again displays his total lack of knowledge of the economy and what is really happening by again blaming "skyrocketing oil prices"

YOUR TIME IS UP HOWARD


http://www.news.com.au/story/0,23599,22724091-2,00.html

PRIME Minister John Howard today denied apologising for the latest interest rate rise, saying that uttering the word sorry did not amount to the same thing.

Mr Howard said yesterday he was sorry about the pain the rise - the sixth since the 2004 election - would cause borrowers.

But today he denied that amounted to an apology.

He said he was sorry the rise happened but was not apologising for it.

"I said I was sorry they occurred. I don't think I used the word apology," Mr Howard said.

"I think there is a difference between the two things. I think we've been through that debate before in the context of something else.

"I'm sorry when interest rates go up because it does impose a burden on people, I understand that.

"But it's also fair of me to point out that ... a family in which say dad (works) full-time and mum (works) part-time got what, $20 a week out of the last budget in tax cuts?

"I think you've got to put that up against the impact of the interest rate rise."

Mr Howard said rates had risen because of the impact of the drought, skyrocketing oil prices and the strong economy.

"We're to blame for the strong economy," he said.

"We accept full responsibility for the strong economy - we're proud of it."