“We’ve got two goals in the G20", US President Barack Obama said of the approaching London summit of finance ministers and central bank governors from 19 of the world’s largest national economies plus the European Union. “The first is to revive the capitalist system and the second is to agree on new regulations to save capitalism from itself.”
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Prime Minister Kevin Rudd likes to give the impression that he takes his mission very seriously.
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Do you think this headline is too harsh? Do we still need to give these politicians time to act the way many hoped they would?
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Next month it’s likely many of us will receive a one-off cash payment of up to $950 from the Rudd government.
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In a speech to a gathering of bosses and union leaders at Kirribilli House on January 19, PM K-Rudd called for national unity in the face of capitalisms latest meltdown. We are all in this together, he said.
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The massive public turnout in the US for the inaugural presidential address of Barack Obama underlines the incontestable fact that millions of people in the US and around the world invest great hope for change in him. But amid the bloody ruins of Gaza, the latest victims of US-backed imperialist war blinked uncomprehendingly at TV images of this spectacle of euphoria.
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It’s not often we hear the rich talk honestly about the poor in public. We can only guess what goes on behind closed doors, but out in the open CEOs are supposed to stick to their PR script — squeaky clean and politically correct. Well, thanks to billionaire Gerry Harvey we don’t have to guess anymore.
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Every week hundreds of dedicated activists hit the streets all over Australia to distribute Green Left Weekly.
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There are some new faces joining the banks on the corporate bailout queue: General Motors, Ford and Chrysler.
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There can be no doubt that the great majority of the 55 million US citizens whose votes made Barack Obama president want change.
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Despite the spectacular vaporisation of trillions of dollars of financial assets, and the collapse of more than a score of banks around the world, we haven’t seen a single banker jump out of a window in Wall Street or its equivalents around the world.
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You must have noticed that the Christmas decorations are rapidly spreading all over the shopping malls, not so subtly signalling another season of extreme shopping and extreme credit card abuse.