October 05, 2005

It's kind of ironic that Australia's pro-Bush PM John Howard won re-election by scaring voters about potential interest rate rises under a Labour government, and yet interest rates are now set to rise as inflated petrol prices - a direct result of the Iraq War - create inflationary pressures which threaten to pop the housing bubble. So all those greedy fools who voted Liberal to protect their precious mortgages are now set to reap what they sowed - sheer bloody misery.

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