Oh crap, we're f**ked. From AAP:

Prime Minister Kevin Rudd started the ideological battle when he railed against greed and declared governments should intervene more in the market, for the good of the people.

Free market fundamentalism, underpinning greed, caused the global financial crisis which has now caused a global economic recession affecting every country in the world," Mr Rudd said today.

Sorry Kevin, but you're wrong. He then had the galls to say:

“Mr Turnbull argues that the free market should sort all these problems out, well that failed spectacularly with the global financial crisis,” Mr Rudd said.

He said free market fundamentalists were now turning to governments to rescue them from the crisis of their own making.

OUCH! Please don't "rescue" us Kevin, government did enough damage when they caused this mess, how on earth can we expect them to "rescue" us now? Unfortunately it seems the force of socialism is well and truely in motion around the world, I honestly don't know where this will end (full blown socialism? a world war? *shudder*).