Saturday, March 28, 2009

Proof Australian government controlled by corporations

Board members of the Reserve Bank of Australia, who control monetary policy - some of their other roles include:

Deputy Chairman – Coogee Resources LimitedDirector – CSL LimitedDirector – Securency International Pty LtdDirector – University of Western Australia Business School

Director – Coca-Cola Amatil LimitedDirector – Special Broadcasting Service

Chairman – ALH Group LimitedDeputy Chairman – PrimeAg Australia LimitedDirector – Fairfax Holdings LimitedDirector – Wal-Mart Stores Inc

Chairman – BlueScope Steel Limited Chairman – Brambles Limited Director – Djerriwarrh Investments LimitedMember – Australasian Council of INSEAD

Chairman – Telstra Corporation LimitedDeputy Chairman – James Hardie Industries NVDirector – Nufarm Limited

Executive Director, Centre for Applied Macroeconomic Analysis, & Professor of International Economics, College of Business and Economics – Australian National UniversityProfessorial Fellow – Lowy Institute for International PolicyNon-Resident Senior Fellow – The Brookings Institution, USAPresident – McKibbin Software Group Inc (USA)Director – McKibbin Software Group Pty LtdDirector – EconomicScenarios.com Pty Ltd

http://www.rba.gov.au/AboutTheRBA/rba_board.html#members

Saturday, March 21, 2009

Socialist countries always collapse under their own weight

Australian housing market holds sub-prime danger
By Glenn Milne and Nick Gardner
The Sunday Telegraph
March 22, 2009 12:01am


Australia copying US mistakes
Bankruptcy risk driven by stimulus
"First homebuyers most vulnerable"


AUSTRALIA is facing its own version of the US sub-prime housing crisis, with thousands of young homeowners risking bankruptcy as a result of Kevin Rudd's economic stimulus package.

http://www.news.com.au/business/money/story/0,28323,25223797-5013951,00.html

Where does the money come from?

Student racks up $310K HECS debt
By Sharri Markson
The Sunday Telegraph
March 22, 2009 12:01am

INDIVIDUAL university students are racking up hundreds of thousands of dollars in HECS debts that may never be paid off.


The list of biggest HECS debts, obtained for the first time by The Sunday Telegraph, shows one student has accumulated a staggering university bill of $310,497.

http://www.news.com.au/story/0,27574,25223806-421,00.html

Friday, March 6, 2009

Poor countries a testing ground for hardcore socialism

Venezuela's Hugo Chavez tightens state control of food amid rocketing inflation and food shortages

President Hugo Chavez is tightening state control over Venezuela's food supply, setting quotas for food staples which are to be sold at government-imposed prices.

By Jeremy McDermott, Latin America Correspondent Last Updated: 6:55PM GMT 05 Mar 2009


Rest of article: http://www.telegraph.co.uk/news/worldnews/southamerica/venezuela/4938993/Venezuelas-Hugo-Chavez-tightens-state-control-of-food-amid-rocketing-inflation-and-food-shortages.html

Saturday, February 14, 2009

Public hospitals and their buckets of fail

Babies more likely to die in public hospitals

FOR every baby that dies soon after birth in an Australian private hospital, three die in the public system.

A sad indictment of public health. The reason being that public hospitals are usually underfunded, because they waste the money and their funding is determined by at least partly by politics, not only the raw forces supply and demand

Corrupt, manipulative SOBs

From news article Speculation on both sides of politics points to early Federal Election in September:

The Government must make a decision to go to the polls sooner rather than later before the package has had time to take effect, or risk worse news on jobs and the economy further down the track.

The possibility of an early election has been further reinforced by the news this week that the Government's proposed Emissions Trading Scheme has been referred to the Parliament's Economic Committee for review.

I mean, they openly admit how the electoral process is being manipulated.