Peter Boyle

An official visit to Australia by Vietnam’s Prime Minister Nguyen Tan Dung, beginning October 13, is aimed at boosting economic and trade relations between the two countries. Australian companies have direct investment projects worth more than US$1 billion in the country Australia once invaded alongside US forces.
“I’m a strong believer in free enterprise, so my natural instinct is to oppose government intervention”, affirmed US President George W. Bush, in his September 24 television speech to promote the biggest corporate bailout plan since the Great Depression. “I believe companies that make bad decisions should be allowed to go out of business.”
“Rich people got it good in this country”, said African-American comedian Wanda Sykes on the September 24 Tonight Show with Jay Leno. “We refuse to let them not be rich. Think about it. Broke people are about to bailout rich people. This is what is going on.”
As I write this column the newspapers report that United States, Canadian, European and Japanese banks have combined to inject an extra US$180 billion (A$225 billion) into global financial markets. It is the latest desperate measure to try to stem the year-old global financial crisis commonly — and misleadingly — labelled the US subprime mortgage crisis.
Bruno, a supporter of Green Left Weekly, said to me last week that the political situation today reminded him of a famous quote from a story about a Sicilian prince at the time Italy’s feudal principalities were being challenged by Giuseppe Garibaldi’s “Redshirts”:
Building The Revolutionary Party: Jim Percy Selected Writings 1980-1987
Resistance Books, 2008
212 pages, $20
Available from http://www.resistancebooks.com
Every now and then the mask slips and we see the true face of the corporate dictatorship that Every now and then the mask slips and we see the true face of the corporate dictatorship that pretends to be democratic Australia.to be democratic Australia.
There is good news and bad news. Let's have the bad news first.
Which bank? Umm, the whole lot of them, actually. But let’s start with “the bank”, the Commonwealth Bank, because its profit report came out last week.
Having raised a total of $129,040 for the 2008 Green Left Weekly Fighting Fund, we are now more than half-way to our $250,000 target. Our supporters raised $5440 over the last week through donations and several successful fundraising events around the country.

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