Nice One, interesting post, thank you.
Some points IMO:
the financial crisis in Europe has just started and not just finished.
Investment decisions are ours alone and a sp improvement brought on by a solid company achievement(s) is a cheap premium to pay for a short seller to re-enter the stock. As you said 'Because nothing in life is easy, cheap or free or without stress.. ' However if the stock tumbles from it's modest height then re-entry will be highly profitable.
And finally Rudd is on a knife edge. He is alienating the political middle ground and the investors therein will take an axe to his government if this unsettling tax is not dealt with appropriately.
Why now, in this volatile financial climate, would anyone except a cruel and heartless power grabbing politician bring up such a huge tax on our largest money earner (future commodity prices are slowly falling!).
Rudd and Swann and the labor hacks may think politically but who said politicians and their parties aren't plain stupid.
As Australians wake up to this announcement and it's full ramifications Rudd will be running to an election.
Ok boys and girls axes and sharp knives out...... ready.... ..aim...
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