Mike Smith, the CEO of the ANZ Bank has fumed about Liberal-National shadow treasurer Joe Hockey’s recent populist rhetoric against the four big banks that increasingly dominate the Australian economy.
“The Liberals’ economic credentials have been hijacked by out-there proposals”, Smith said in the October 29 Sydney Morning Herald.
“Mr Hockey seems to be on some kind of personal vendetta. It would appear he has been taking economics lessons from Hugo Chavez.”
Has Hockey been taking lessons from Venezuela’s socialist president?
Peter Boyle
Greens federal parliamentary leader Senator Bob Brown spoke in the parliamentary debate on the Australian military intervention in Afghanistan on October 25.
Just 8% of the world’s population owns 79.3% of the world’s total wealth, a new study by the research wing of the giant Swiss bank, Credit Suisse found, Sam Pizzigati said on the A World of Progress blog on October 18.
Further, 35.6% of all wealth is held by just 0.5% of the world’s 4.4 billion adults.
On the opposite end of the scale, 68.4% of the world’s adults get to share just 4.2% of global wealth.
A crude and jingoistic appeal to Australian patriotism is the last refuge of the pro-war scoundrels as we approach the Australian parliamentary debate on Afghanistan. Australia sent troops to Afghanistan in October 2001, but it has taken nine years for parliament to discuss this act of war. Is this how Australia’s celebrated democracy works?
Australian troops were sent to wage wars on an impoverished, already war-devastated and traumatised country without even a discussion in parliament, let alone a vote.
A crude and jingoistic appeal to Australian patriotism is the last refuge of the pro-war scoundrels as we approach the Australian parliamentary debate on Afghanistan. Australia sent troops to Afghanistan in October 2001, but it has taken nine years for parliament to discuss this act of war. Is this how Australia’s celebrated democracy works?
Australian troops were sent to wage wars on an impoverished, already war-devastated and traumatised country without even a discussion in parliament, let alone a vote.
Popular Thai newspaper Prachatai has reported that, a woman was arrested on October 3 at a freedom bike ride by United Front for Democracy against Dictatorship supporters (popularly known as the Red Shirts) in Ayutthaya for selling slippers with Thailand’s military-installed Prime Minister Abhisit Vejjajiva’s face on them.
The slippers were printed with the message, “People died at Ratchaprasong” — referring to the May 19 military massacre against the Red Shirts’ mass protest camp in Bangkok.
To meet our $300,000 Green Left Weekly fighting fund target this year, we need less than half of what Commonwealth Bank CEO Ralph Norris gets paid in just week.
GLW supporters have raised $165,406 so far this year. To make the target, we need to raise a further $134,594. Every fundraising dinner, harbour cruise, jumble sale or fundraising barbeque will count in the dash to the finish. Week after week, we will ask our supporters for donations.
It will be a struggle to raise $134,594.
According to a report in Prachatai, a popular Thai newspaper, a woman was arrested at freedom bike ride by United Front for Democracy against Dictatorship supporters (popularly known as the Red Shirts) in Thailand’s historic city of Ayutthaya for selling slippers with Thailand’s military-installed Prime Minister Abhisit Vejjajiva’s face on them. The slippers were printed with the message, “People died at Ratchaprasong” – referring to the May 19 military massacre against the Red Shirts’ mass protest camp in Bangkok.
We have just three months left to raise $135,228 if we are to make our 2010 fighting fund target of $300,000.
This may seem like an impossible task but it isn't. Our supporters have raised $164,772 this year. We know we have the support out there to raise the rest.
Of course, these amounts are just spare change to the corporate fat cats who were partying at the Forbes Global CEO Conference in Sydney last week, but Green Left Weekly readers and supporters have had to work hard to raise that amount for the fighting fund.
A protest by "anti-corporate pirates", organised by the Socialist Alliance, took place outside a global corporate CEO's conference organised by Forbes at the luxury Four Seasons Hotel in Sydney on September 29.
On September 19, about tens of thousands of protesters from Thailand’s resurgent Red Shirt movement (popular name for the United Front for Democracy against Dictatorship), took to the streets of Bangkok to defy the regime.
Klaus Crimson, whose photographs of this historic rally can be seen at www.links.org.au, told Green Left Weekly: “It was truly an amazing experience. By 9am it was pretty clear to me that it might grow into something big.
Thailand Troubles said on September 19 that a motorcade of 150 vehicles made their way from Bangkok to Chiangmai for a rally of the United Front for Democracy against Dictatorship (UDD), popularly known as the Red Shirts, that was expected to draw 10,000.
A growing crowd of Red Shirts gathered since morning around Ratchaprasong Intersection, the site of the April-May mass protest camp of Red Shirts that was bloodily repressed by the military on May 19.
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