photo credit: daviddesign

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Show Notes

Recorded on Wed 29th October

There’s only so much news 1 can watch, the murders, the deceit, the pillaging, the profits…before 1 is compelled to ask why?

Have a laugh

Lex Wotton - International Day Of Action November 7th
Stand in Solidarity an show your disgust about the continuing racist treatment of Lex and Aboriginal Peoples in Australia. Also, there is a protest rally on this Saturday starting at the Melbourne GPO.

Last Friday an all white jury found Lex Wotton, an Aboriginal man from Palm Island, guilty of ‘rioting with destruction’ for his involvement in the 2004 Palm Island uprising. On November 26th 2004 the people of Palm Island set fire to the local police station, court house and police barracks after a pathologist’s report claimed that the death of Mulrunji Doomadgee, a 36 year old local, in police custody a week earlier was an ‘accident’. Mulrunji died in a police cell, one hour after he had been arrested for being drunk. He suffered massive internal injuries, including a ruptured spleen, four broken ribs and a
‘liver that had been ‘almost cleaved in two’ from a huge compressive force.’

The officer who arrested him, Senior Sergeant Chris Hurley, claimed that Mulrunji had fallen on stairs. A coroner’s inquest found that Senior Sergeant Chris Hurley was responsible for Mulrunji’s death, as the injuries were consistent with a beating. However, a court found Hurley not guilty for manslaughter. He has since been promoted and is an Inspector on the Gold Coast.

In comparison Lex Wotton is now facing a life sentence in prison. He is being held in prison until his next court appearance ( for sentencing) in the Townsville District Court on November 7.

Credit Focus Masks Deeper Issue

FURNITURE and electrical retailer Harvey Norman says trading conditions were still tight three weeks after the Reserve bank delivered a surprise 1 per cent cut to official interest rates.

The company said yesterday that written sales at its Australian franchise stores fell 3.6 per cent over the four weeks ended October 26 compared to the same period a year earlier.

West Bank land prices skyrocket

The price of property in the West Bank has surged beyond the reach of most Palestinians, the World Bank has said.

photo credit: purpleye photography

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Show Notes R59

Recorded Wed Oct 22nd

The End of Industrial Capitalism - Professor Michael Hudson slates the US political hierarchy and the bankers bailout. Alice and Karl bounce off this with evidence from WA & China and how lower property taxes will deepen the ditch we’re heading into. Ahh some ecological positives to finish us off.

Imagine if you were a hairdresser/ massuer
How lucky would you feel if you got paid more and more money for your service, but yet you didn’t even have to cut someone’s hair. You could sit back and earn money in your sleep, not even having to open your shop.

Then you realised that the taxes your imaginary clients paid made your business more valuable. You could charge more because they could get to your shop easier, find it easier etc. Competition we hear you say. Well there is none in this field (analogy)……..

This is the market system we work under. Not for hairdressers but for land speculators.

photo credit: TheTruthAbout…

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Show Notes R58

Recorded Wed Oct 15th

Aussie Knowhow - an interview with Agent John, telling it as it is from the street. John is one of the many self taught political economists concerned about the continuing plight of our policy makers and politicians. Have a laugh! Also covered is the staggering $2 - 5 trillion lost p.a from de-forestation…and more on the bailout.

Rudd wealth gap bailout – 1.5bn on FHOG, $14K on new homes built, $7k on existing homes. Will only lead to a subsidy for those who already own land, making housing more unaffordable!!!

The reckless stimulus package we didn’t need – S Mayne (Crikey 15/10)
What contingencies are in place if house prices plunge by 30%, our banks need to be recapitalised and the dollar crashes below US50c? The government only has $30 billion in foreign reserves, which is way below the Asian average, and has now recklessly distributed $10 billion before we really know the full implications of the meltdown.

Landlords ‘must cut rents’

“Many pay up to 50 per cent or more of their take-home income on rent,” QCOSS president Karyn Walsh said. “Reducing their rents will put more food on the table for disadvantaged families in Queensland.

She said many owners of investment properties with average loans would see their repayments reduced by $200 or more each month.

Fred Harrison Press Conference at the Foreign Press Association, London

As sharemarkets crash around the world, the wrong people are being bailed out. Lower interest rates, infrastructure projects and money for the AIG’s of the world will only prop up land prices. Infact, policy makers couldn’t do any worse …