Mirvac: Land is for Hocking, Not Housing

Karl FitzgeraldCommentary15 Comments

photo credit: lrargerich Karl Fitzgerald as published in Crikey 20/02/09 Mirvac yesterday admitted what many affordability watchers know. The housing market is manipulated to suit shareholders over householders. Due to the fear that an $81.4m half yearly operating profit is insufficient, first home buyers will have to pay higher land and housing prices to support Mirvac’s Executive Incentive Scheme. Mirvac … Read More

Hudson on Obama’s Banking Bailout

Karl FitzgeraldCommentary, MultimediaLeave a Comment

Watch Michael Hudson blister Obama and his economic advisors on Democracy Now. Digest the hard hitting statements then read Hudson’s Counterpunch piece: Trying to Revive the Bubble Economy: Obama’s Awful Financial Recovery Plan By Michael Hudson Martin Wolf started off his Financial Times column for February 11 with the bold question: “Has Barack Obama’s presidency already failed?” The stock market … Read More

The Earth Belongs to Everyone

Karl FitzgeraldCommentaryLeave a Comment

Alanna Hartzok, who we toured around Australia in 2006, has a new book: The Earth Belongs to Everyone. Signifying the clarity of this work, Alanna has been awarded the 2008 Radical Middle Political Book Award. The annual award is given to books that best exemplify a politics that’s grounded in practical reality, but at the same time are deeply creative … Read More

Speculators Urged to help Homeless Fire Victims

Karl FitzgeraldCommentaryLeave a Comment

photo credit: Markus Koellmann Press Release 09/02/09 Earthsharing Australia urges all holders of speculative vacancies to open their doors to the 5000 homeless victims of the bushfire. “Earthsharing Australia joins all Australians in expressing our sorrow at this awful tragedy and join the call for all Australians to give what they can to help the victims with what is sure … Read More