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