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The Forum > Article Comments > Election fiction reveals political reality > Comments

Election fiction reveals political reality : Comments

By Justin George, published 6/8/2010

Both the ALP and the Liberal-National coalition are the political parties of corporate Australia.

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It's good to see that you have made some effort, Arjay.

>>Derivatives are contracts whose value is derived mostly from the price of intangibles,such as cash market investmensts,stocks,bonds and money market instruments.<<

What you have failed to do, unfortunately, is to link this back to your previous assertions:

>>When the derivatives start to unravel,they will begin to sell and turn to things like land,energy,resources and gold.<<

and

>>When the derivatives begin to unravel and they will,this excess counterfeit money will enter the real economy<<

So, back to your desk, and try again.

How do derivatives "unravel"? And how does this generate "excess counterfeit money"

There's little chance you'll ever become an economist. But there is a possibility you might one day start to understand the basics.

Hey, who am I kidding?

But while I am here...

>>The Global Reserve banks create money in their computers thus depreciating our labour reward for effort.<<

And where does this money go? Who spends it? On what?

And there are a few holes in this, too.

>>The large banks... can generate in their computers money at will... and so they are now powerful enough to dictate to our Govts and our media, their agendas.<<

But Arjay, if all this money is tied up in "derivatives", how does that give them any power, over anybody?

And if the derivatives are suddenly going to "unravel", would this not mean that the evil cabal of global banksters will then be powerless?

Surely, this would be something you would welcome?
Posted by Pericles, Thursday, 12 August 2010 9:13:15 AM
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I support a reforming political movement for a voting system that does not lead to the dominance of the two major parties.

Voters deserve to have proportional representation in governments.

Restrictions on corporate political dominance is critical.

ALP union reforms require union democratization to lessen political hierachies, parliamentary careerism and the rule of ALP MPs.

Unions have to ensure Labor MPs are only elected to enact laws for workers.

For example, new labour law for legal rights for workers to advance our interests against the corporate and government management rule at work has not been gained in the last Parliament.

Major strengthening of Gillard's 'Fair'Work Act is required, as well as the deletion of Howard's anti-worker restrictions retained from WorkChoices.

The 'Fair'Work Act enshrines corporate control, explaining why in this election campaign Abbott supports it. This business position is one of stability.

The ideological spin in the media by both major parties is that WorkChoices has gone - whereas two thirds of it is reflected in the 'Fair'Work Act.

Few media journalists report on this glaring public deception.

Gillard promises in this election no reforms to her 'Fair'Work Act.

Despite the ACTU saying labour law reform is unfinished,our campaign is anti-Abbott and effective on TV and in the marginals. But the weakness is in not campaigning for our rights at work.

The unions knowing the weakness of the 'Fair'Work Act are nevertheless largely weak behind the ALP MPs and corporate dominance.

Nevertheless unions have great capacity for community campaigning, 'social unionism'.

It is just in the first term of the ALP government unions have been largely ineffectual compared with the corporate lobbyists.

What is not acknowledged is the severe instability of our world economic capitalist system.

Despite Gillard's necessary Keynesian stimulus, the political challenges for transformation of our unstable capitalism that puts profits before human needs are much deeper, and urgent.

We are all on red alert with the world's environmental crisis unfolding daily, largely caused by the corporates.

These issues in an alternative debate are posted on my left blog
http://chriswhiteonline.org
Posted by Chris White, Thursday, 12 August 2010 1:28:23 PM
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Marxism - Is the role of Marxism silently reforming our Political landscape. Or is it the case of a clever way to win the hearts of the people? Perhaps it is? Are the Greens true - that is to say, with their hand on their heart and willing to serenader their all ($$). To run to the needs of the people. insofar as their social/economical and environmental speeches tell us is this a form of Marxism?

Indeed the Greens agenda may be just what Australia is in need of. One may ask about their title. Are they just another large coup fighting for the extra power and position?
Posted by SONYA2, Thursday, 12 August 2010 3:48:14 PM
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sonya2 The Greens sold out to the large corporates a long tme ago.Internationally they were very quiet when BP mismanaged the Gulf oil spill.

Just look at who gives money to the Greens as well as the major political parties.
Posted by Arjay, Friday, 13 August 2010 12:03:37 AM
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Hey Adjar

Don't leave me in suspense..
Posted by SONYA2, Friday, 13 August 2010 5:21:20 PM
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