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The Forum > General Discussion > Senator Ann Bressington Exposes Agenda 21

Senator Ann Bressington Exposes Agenda 21

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Arjay is correct about the banks. Yesterday Alternet had an excellent article pointing out how the five biggest banks in the USA are now too big to fail and how they now control a substantially increased share of USA assets.

Arjay is wrong about the national debt. Anyone interested in the national debt situation should follow the arguments of Professors Wray, Black, Kelton and their associates from the University of Missouri, Kansas City on the New Economic Perspectives blog. Bill Mitchell's blog, Billyblog runs similar arguments.

William Black wrote a book, "The Best Way to Rob a Bank is to Own One."

Australia needs a common weal bank like we had as the Commonwealth Bank before those neo-liberal dupes Hawke and Keating fell for the completely crappy argument that real assets should be privatized.

The present high power prices are really nothing to do with poles and power lines, it is all to do with windfall profits, available from the idiotic bulk power pricing system that followed privatization.

Starting in about early September the efficient NSW power station at Eraring was off line for eight weeks. For that period less efficient power stations were on line and all power was bulk billed at the price necessary to keep the worst of those power stations on line. Every efficient privately owned power station, including Victoria's brown coal fired plants received a windfall profit and we, the mugs, will eventually pay the cost of that windfall.
Posted by Foyle, Thursday, 7 February 2013 9:25:21 AM
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One day, perhaps, you might find someone with a skerrick of credibility to support your ridiculous conspiracy theories, Arjay.

Today is not that day, I'm afraid.
Posted by Pericles, Thursday, 7 February 2013 9:28:00 AM
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SPQR,

I see you are well-versed in denialism's foremost tenet...."cherry-picking".

The entirety of the article is the message.

It's a no-brainer that a system that pollutes its nest as comprehensively as globalised capitalism does, needs to be adjusted.

Der.....
Posted by Poirot, Thursday, 7 February 2013 10:11:35 AM
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My daughter lives in the USA and relo's have a country place. The modest 4 bedroom home is powered by a generator driven by a wood fired, steam piston stationary engine [ day and night ]. Word around county there is everyones having one made, installed in country area's where be plenty of forest with ground wood [ enough for decades ].
Try that here and see how far you get.
Posted by pepper, Thursday, 7 February 2013 10:55:01 AM
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@Poirot,

<<I see you are well-versed in denialism's foremost tenet...."cherry-picking">>

You are OLO's most proficient cherry picker (and "parrot", ROFL -though I personally think Indian Mynah might be a better fit --Parrot's after all have some redeeming qualities!)

<<The entirety of the article is the message...>>

The message (and intent) is clear -- you ought to read the fine print before you sign on to these (fashionable) campaigns.

Double Der!
Posted by SPQR, Thursday, 7 February 2013 11:15:04 AM
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We have more Poirot's than Arjays, which is why we are up the creek without a paddle.

Not much that I can add Arjay. The Europeans like the Aussies are predominantly imbeciles. The only groups that I can see railing against this in any meaningful way are the fringe "nationalists" groups in America, as long as they still have their weapons.
Posted by sonofgloin, Thursday, 7 February 2013 3:49:13 PM
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