During early 1999, around March, I remember John Howard stating on television very much like, “we're not doing Keynesian this time”, definitely remembering John Howard stating something like “we're not putting up log fences in parks this time as was done in the 70s”.
By June 1999, a Radio National Life Matters quest speaker comments clearly suggested 'world banks were crashing during this third quarter market decline', yet didn't. Setting up people who understood Keynesian theory, eventually fell into a confidence scam. People taking money out of banks, having money stolen.

DOW Jones index: 11,400, on July 1999; index down to 7,200 on October 30, 1999; index back up to 11,700 on around January 4, 2000. In 64 days a 4,500 index point increase, was truly amazing.

I assume Tony Abbott's Statement, “I want to be known as the infrastructure prime minister” means to people who have remembered past Keynesian announcements, Keynes is back.

U.S. Federal Banking Reserve (fed) was created in 1913, after a period of declining U.S. economic banking problems. The U.S. fed was created to invent money in order to stimulate a depressed U.S. economy. Having read that after the 1929 crash, the U.S. fed failed to do what the fed was created to do, create money.

Myself having read economic books, I read how the fed creates money out of nothing, then creates a bond to the same value. Selling the bond in the bond market. The practice of inventing bonds to sell on the bond market stops too much money supply and too much demand on goods monetary inflation. Supply and demand theory.

When President George W Bush left office, the U.S. national debt was US$10 trillion. Last I heard U.S. national debt was US$18 trillion.

https://www.google.com.au/search?client=ubuntu&channel=fs&q=us+national+debt&ie=utf-8&oe=utf-8&gfe_rd=cr&ei=HfQxVpCOO6Pu8wfxjIfAAg

U.S. Congress sets a date for passing a bill to invent more money. Congress is reported to be concerned about the national debt. Shutting down government departments scary stories up to a last moment, passing a bill to invent money.

2007 and 2008 sub-prime mortgage “banking” crises had banks being short of funds. As I heard: the fed gives invented money to banks at zero interest. Banks used fed's invented money to buy the invented bonds from the fed collecting 1.5% interest.
Years before Ben Bernanke stepped down as fed governor, it was reported the fed was buying back bonds from banks at a cost rate of US$85 billion each month. Giving banks cash to lend to borrowers.

The big scary U.S. national US$18 trillion debt is mostly credited to the U.S. federal government. One more transparency, bad government, capitalism doesn't work, confidence trick exposure transparency. Screwing around with people's sense of whose in control of uncontrolled economic chaos.

Once bonds are sold to banks and financial institutions, returning back the money to the fed the money the fed invented, to, I assume to pay for what? If wage earners save left over money after essential expenses, saving money in financial institutions' 401K accounts. Some moneys gets Invested in U.S. Bonds, taking money out of personal spending circulation.

What the U.S. fed is doing is not Keynesian economics. Even when Keynesian economics is said to be used. Encouraging saving money for retirement is not in Keynesian economics.

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The Watergate phrase “follow the money” has banks accumulating savings credits, yet, as money is lent, bank cheques circulate. Cashed in bank cheques credits, returning to bank customer accounts, increasing bank balance sheets credits.
The more money banks lend the more banks accumulate new credits in new and existing accounts paying out depositors interest liabilities.

When thought about, banks don't suffer from a lack of lending capital and or cash reserves. Banks suffer from too much interest paying liabilities from customer depositors accumulated credits. When banks financial advisers advise customers to buy shares aided by using borrowed money, eventually shares being lost. Banks' bad financial adviser advise scandals offset ideas that banks are keen to remove future depositors credits from returning to customer bank accounts.

Many Australians born after 1918 WW1 end, generation, having gone through the 1930s depression, had experienced high inflation in 1952-53. Many workers in the 1960s considering retirement, were encouraged to place they're savings in investment companies. Many people ready for retirement in the 1980s had been told in the early 1980s, their investment money was gone. Resulting media statements labelled “the bottom of the harbour scheme” scam has taken the money. What allows people to merely except media excuses are the confidence in the political system, and years of media transparency.
The correct Bottom Of the Harbour transparency would have been: where did the money go as to the money being returned to the rightful owners.

https://en.wikipedia.org/wiki/Bottom_of_the_harbour_tax_avoidance
Particularly read: Deputy Crown Solicitor debacle

If readers believe what they read as true, it is easy to believe tax authorities are incompetent, rather than think “tax authorities are in on the scheme scam”, relieving Australian citizen of their savings. Not that tax authorities receive money, more as retiring citizens never get to spend retirement savings.

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Tony Abbott's comment about being wanted to be known as the infrastructure prime minister, suggesting Keynesian theory economics. There are lots of public works being done around where I live, at the moment: foot paths; road edging; car parking areas.

My Gawd Steve101 what a rant !
You asked somewhere in all that had the mortgages regained their value ?

Well no they have not.
Many houses were abandoned and stripped by vandals, even down to the copper pipes.
The big problem they have is that it is such a mess that they do not
know who holds the mortgages.
They have tens of thousands of court cases going on tyring to sort it out.
In Florida brought in retired judges to operate a court in a rented
shop front and hired hundreds of people to sit there signing documents
in an attempt to make it appear that it has been resolved.
Thousands of people are living in houses and paying no mortgage or
other payments because they do not have title and it is not known
who does hold the title.
Many mortgage brokers went broke and disappeared and much information
is living in laptops in somebodies cupboards.
Banks went broke and did not tidy up their affairs and just locked
the doors and went away.
There appears to be no way to resolve who owns what and it will cost
more to find out, even if traceable, than the property is worth.

The problem will not be resolved. The people living in the house can
stay until they die and I presume the property will pass to the state.
Of course they could just hand the keys to anyone else to move in.

China's one child policy was said by TEN news, on October 30, 'about 400 million children have been prevented from being born since the one child policy was introduced in 1979'.
That evening's ABC1 news said 'China's Communist Party one child policy introduced in the 1970s to rain in a China's population to 700 million people', due to exemptions, now China has twice the population.

The Communist Party's new two child policy introduced to solve demographic imbalance: too few workers to too many elderly retired citizens, problems.

In that 36 year period one child family policy, considering the next generation being born, not having that 400 million fewer births number would amount to 600 to 700 million more Chinese people. Have that 600 to 700 million have the usual number of children growing into adulthood having children, number of humans can only increase.
I pose the problem exists with the elderly, not the need to decrease child births, is the demographic problem. As every poorly educated' traumatised to keep themselves ignorant humans, wants to live in a fantasy world, for the sake of self-deception, not wanting worry fears, unable to think. Politicians are seen to comply with the fantasy of common working class Chinese (living a long life) poorly thought out working class desires.

To add to the fantasy:
Why not have the First World War 20 million not dying, having children and the Second World War 55 million not dying, having children. Both war dead not having died, having children generation after generation. Without modern chemical fertilisers, this above concept would be more relevant.

This unrealistic notion of how life is, prompted realism of life seems to be ignored by people who only want to feel good about life as they are as humans want life to be about. Such people believe in the sanctity of life. Any people, religious or political speaking on the sanctity of human life, becomes the (catholic ideology) religion and or political party of preferred choice.