© 2018 Greg & Sylvia RAY

Big business’s vision for Australia

I wrote this piece as a tongue-in-cheek column for The Newcastle Herald in 2014. I'm reproducing it here because it seems to me that the plan, as outlined, is coming together nicely. IT’S not all bad news on the economic front. Yes, unemployment is high and rising, especially among the young. And yes, the real estate boom is forcing up living costs and pricing the young out of the housing market. And yes, retail demand is down because even those with spare money are worried about whether they’ll have a job next week. But our big…

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Two examples of hyper-hypocrisy

There are times when the hypocrisy of the system that runs our society is so barefaced I have to sit down and have a breather before I can look at it again. Two moments over the past week stand out as major classics of the hypocrisy genre. Number one, in chronological order of me hearing about it and also in terms of the scale of the breathtaking utter crap it involves, centres on my personal favourite scapegoat for all the wickedness in the world, media shitlord Rupert Murdoch. Did you happen to notice, amidst the noise…

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Will we ever finish paying for the GFC?

When will we be finished paying for the Global Financial Crisis? Or, more to the point, when will our children and their children be finished paying? I’m not sure what the answer is, but I imagine it will be a long time in the future. When the finance industry detonated the world economy back in the noughties, we were immediately told that the institutions and corporations who made this happen had to be bailed out. This was because they were “too big to fail”. While it was true that it was all their fault, and that…

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