Economy

I had to spend some time in waiting rooms for medical checkups recently. It was an opportunity to glance through glossy magazines. In its latest issue, National Geographic magazine has an article entitled “Is Australia the Face of Climate Change to Come?”. It said that after a major spike in extreme weather over the past few years, scientists were looking at “the lucky country” as a “bellwether for the Earth's changing climate”. It may not be so lucky for us but I guess being a bellwether is useful.

As part of its federal election campaign this year, the Socialist Alliance is calling for the mining industry, the big banks and the energy companies to be put back into public hands, so that they can be run in a way that respects the environment and social justice. But several other important industries should also be in line for nationalisation under workers' and community control in future.

When my eyes caught the words “thoughts are with Oklahoma” on a friend's Facebook status update, my heart skipped a beat. As I hurriedly scanned the first article that I found, I saw the words “devastation” and “Moore”, and my stomach tightened. I dialed my father's house and got that line-disconnected signal. The tears followed. I was pretty sure that the Moore Medical Center, which the article had described as “destroyed”, was where my father worked.

March Against Monsanto Brisbane said that on May 25, hundreds of people will gather to protest as part of a global day of action for “March Against Monsanto”. The global event is being held in more than 49 countries with more than 370 events and 2 million people marching worldwide.

McDonald's workers and supporters held a picket on May 10 outside the Britomart McDonald's store in Auckland, said activist Socialist Aotearoa activist Nico on a May 12 post at Unite news. Nico said a group of about 30 people created a physical picket line across the two entrances of the store, holding banners and placards reading “25c won't pay the rent” (in reference to the company's pay rise offer), and “McStrike”.

A South Australian council has voted to swap a recreation park in St Clair with a former factory site. Under the proposal the popular St Clair reserve will be sold to developers and used for high-density housing. The Actil site —which has contaminated soil — will then be developed as an open space. The decision by Charles Sturt council, on May 13, paves the way for the parkland — which had previously been earmarked for a war memorial park for World War II veterans — to be rezoned for housing development. The council’s may described the decision as "an affront to democracy."

The Socialist Alliance estimated in 2010 that its key policies for social justice and environmental sustainability would cost a minimum of $81-140 billion a year. Any budget devised by a party focused on putting people and the planet before profits would look significantly different to the “safe” yet largely austere budget the federal Labor government released last week.

After a week of being subjected to headache-inducing politicians posturing and spinning about the Great Budget Deficit, all that was needed was that speech from Richest-Australian-and-Walking-ATM Gina Rinehart. Billionaire Numero Uno was only outdone by Billionaire-Would-Be-PM Clive Palmer, who successfully outflanked, on Q&A, Labor and Liberals from the left on the treatment of refugees.

"By keeping, if needed, all Labor's budget cuts and by not implementing any of their budget spending measures unless specified, we will achieve the first duty of every government -- namely, to preserve the nation's finances," said Tony Abbott in his budget reply speech. This is what is to come under an Abbott government -- a continuation of Labor's cuts and restraint when it comes to spending.

"Haiti offers a marvelous opportunity for American investment," reported Financial America in 1926. "The run-of-the-mill Haitian is handy, easily directed and gives a hard day's labor for 20 cents, while in Panama the same day's work costs [US]$3." That may be the most honest portrayal of the offshore industry in Haiti yet.

France’s National Assembly and Senate have voted to extend the country’s military intervention in Mali. A resolution passed both houses of parliament on April 22 with a single vote against. Three days later, the United Nations Security Council approved Resolution 2100, creating a policing mission (known as MINUSMA) starting July 1. Its projected size is 11,200 soldiers and 1440 police.

When terrorist bombers killed three people in Boston, the FBI moved heaven and earth to apprehend them. When suppliers to Wal-mart and other big brands in Bangladesh killed more than 950 people (as of May 9) on April 24 in one of their garment factory death traps, the FBI sat on its hands. But those responsible — Wal-mart’s board of directors — are well known and could be easily apprehended.