Green Left Fighting Fund

BHP used to be called “The Big Australian”. It is now BHP Billiton — a global corporation, the largest mining company in the world and the largest Australian headquartered corporation by market capitalisation. Its CEO Marius Kloppers is described as being one of "the top 20 most powerful people in business worldwide".

“The explosion of the rig was a disaster that resulted from BP’s culture of privileging profit over prudence,” said US federal assistant attorney general Lanny A. Breuer at a recent press conference. He was announcing that the company had agreed to pay $4.5 billion to settle criminal charges from the disastrous oil spill in the Gulf of Mexico in 2010. BP also plead guilty to 11 counts of manslaughter and three other lesser charges.

One of the sneering jokes passed around business circles after mining giants BHP Billiton and Rio Tinto announced they would not pay a cent this quarter under the Gillard government’s pathetic mining tax was that the government would have collected a fat cheque had it levied a super profits tax on the big banks instead.

I constantly scan the internet for breaking news, but I first found out that Prime Minister Julia Gillard's speech mercilessly lambasting opposition leader Tony Abbott for being a misogynist was going viral from my 16-year-old daughter. She temporarily disconnected from the multiple social media she inhabits to call out to me: “Dad, have you seen that AWESOME Julia Gillard speech? EVERYBODY is talking about it!” An hour later it was in the news headlines: PM's speech goes viral.

The “moral bankruptcy of the ruling classes” is a thought readers would have shared as the Labor, Liberal and National parties came together in an unholy alliance to return to the cruel and shameful practice of locking up asylum seekers indefinitely in detention camps on Nauru and Manus Island, PNG. And again when the British government threatened to storm the embassy of Ecuador in London to arrest WikiLeaks editor-in-chief Julian Assange, who has now been granted asylum by Ecuador's progressive Rafael Correa government.

NASA scientist James Hansen was in an August 3 blunt about the future Washington Post  article: “When I testified before the Senate in the hot summer of 1988, I warned of the kind of future that climate change would bring to us and our planet.

The world's super-rich have hidden between US$21 trillion and US$32 trillion of their wealth in various tax havens around the world, according to a new study by the London-based Tax Justice Network (TJN), a collection of tax experts and economists advocating the end of secrecy and tax evasion.

Our persistent supporters who take Green Left Weekly out into the street week after week (yes, even on the chilliest of winter days) have received a few more smiles, nods and words of encouragement as, out there in the corporate media, the billionaire bosses have been mercilessly wielding the axe and whip. Our growing team of new volunteers for the Green Left TV project have also been warmly congratulated and encouraged. More people now appreciate the importance of the alternative media.

So far this year we've raised $36,811 for the Green Left Weekly Fighting Fund. This is a good effort, but well short of our running target. To reach our 2012 target of $250,000 we need to have raised about $80,000 by the end of this month.

“Something is badly amiss when Queensland bushies embrace Green Left Weekly, and the opposite ends of the political fringe, the Greens and Bob Katter’s Australian Party, find a common cause,” began a February 22 editorial in Rupert Murdoch’s The Australian, the only national daily newspaper in this country.

A string of banks, airlines, car manufacturers and aluminium smelters — all big corporations that have profited for years while extorting billions of dollars in public subsidies — have spat in the face of our society. They have begun huge sackings of workers, even though Australia supposedly escaped the worst of capitalism’s global economic crisis. The big banks have posted record profits, but they refuse to pass on interest rate cuts to families struggling to keep up with huge home mortgages.

By now we all know that the rich get richer under capitalism. But many are astounded at the incredible pace this takes place. Last week it was reported that Australian billionaire James Packer celebrated a 560% increase in his casino investment in Macau. Great reward for making totally unproductive, indeed socially and morally destructive, investments.