Australian videos reveal the bankers’ secret

Unbelievably, one of Australia’s four largest banks Westpac recently
published this video to explain why interest rates had to rise.

http://www.theage.com.au/business/westpac-goes-bananas-on-rate-rise-20091208-khn0.html

This has brought a rash of replies – this is one of the best.  (The zoo
keeper is Australia’s Prime Minister.)

http://www.youtube.com/watch?v=BMPiU50dXFM

Posted by Kevin Cox

The video concludes that we need choice and some competition in banking.   We would add that we need a public option in banking!

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