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Help Renew Australia's Economy . . read more
British PM Gordon Brown, New Zealand PM Helen Clark and Australian PM Kevin Rudd react to the U.S. House of Representatives' vote on the $700 billion bailout . . read more
Australian PM Kevin Rudd visits NYC, Tarantino style. He addresses the UN, and catches up with people such as Rupert Murdoch and the girls from Scores strip club. Meanwhile Foreign Minister Stephen Smith stalks Michael Douglas.  . . read more
Australian Prime Minister Kevin Rudd interviewed by comedian Rove McManus. . . read more

Two Australians bump into each other in New York – old political foes who’ve had a few battles. They smile and one compares the other to a snake. “Well, it’s funny who you come across when you don’t have a stick”. It’s an old bush greeting that came to my mind when I saw the Prime Minister Kevin Rudd bump into Rupert Murdoch on 42nd Street (by chance in front of TV cameras). Sadly they only said “How are ya” and “Good to see ya” before they went somewhere.

Before Kevin arrived Rupert had just been telling the camera “…some people may not like the bailout but it had to happen”. The “bailout” is the $700 billion W Bush proposal to…to… well the details are still being worked out but we can trust the W Bush regime to do something good. “It had to happen” because the financial ‘powers that be’ in the Empire State (NY’s logo) have decided they can’t trust either Obama or McCain and they want to control the next president’s agenda. Nothing happens for only one reason. They also want any money they can get and to make sure that any solution to the credit crisis (they’ve created) takes care of the upper class, executives and shareholders, before anyone else.

Murdoch’s good at presenting his desires as fait accomplits that are a single inevitable package but the devil is in the details. Obama has defined 4 key points that need to be in any rescue package – one point being support for the small homeowners with mortgages who are caught up in this crisis. McCain doesn’t list that as one of his criteria nor, surprisingly, do the bankers. Rupert, the head of the News-Fox empire, is pretty smart so if he was asked on camera he’d include the little people “if we can”.

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Kevin Rudd has made a big impression in Beijing by being the only western leader who can speak Mandarin. The Chinese leader, Hu Jintao, seemed to appreciate having a friendly Prime Minister that he could speak to without interpreters. Many people had a list of serious subjects they wanted Rudd to raise but I hope he just talked about the weather. Nice bit of rain! Congratulations about the “blue” skies that are breaking through. What a marvelous effort! How will you make Beijing and Shanghai and every city like this every day? How interesting! Tell me more. We have a common problem, don’t we. Maybe we should take this seriously, work together and cut the CO2.

George W was in Beijing too, looking a bit left behind maybe because China is now the world’s biggest CO2 emitter and all of George W’s “CO2 denial” has ended up sending vast pollution clouds from China across to North America. Well done, George, supporting China’s right to pollute. Maybe George didn’t notice but Kevin Rudd did. He’s not stupid and the smog that won’t quite go away despite closing down half the city is a bigger story than Michael Phelp’s record gold. Thanks to coal and minerals Australia and China are economically entwined for some years into the future but will this be a Faustian bargain with both countries locked in to a black spiral of coal fuelled CO2 emissions +/or trillions of wasted investments.

Kevin is back in Australia to face a string of Labor governments that all seem committed to building new coal power stations. Michael Costa, the NSW Treasurer will be keeping Kevin in line - don’t look at the clouds over China just mine more coal, burn more coal. Rudd has to go back to see Hu Jintao in late August to talk about the climate. The Olympic “Beijing-semi-Blue” skies will be clouding over and new science reports will be alarming. Will Kevin let himself see the truth and be honest with his new best friend? This is Kevin’s chance to become a world leader instead of Michael Costa’s stooge.

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With the announcement of the Australian Government's enquiry into mandatory detention, here is activist group GetUp's call to action to finally put an end to this inhumane system.

 . . read more

The movement for a Green New Deal is gathering pace. This is not just about the reinvigoration of Keynesian economic principles to fight climate change, but also the need for a radical metaphor for reform - and a bold language of hope - that lives up to this definining challenge of our age. SARAH BARNS considers the language of climate change reform.

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The sixth Australian soldier has just died in Afghanistan but RICHARD NEVILLE believes that Afghan cilivian casualties are being ignored, victims of U.S. military tactics that could constitute war crimes.

 . . read more
Professor Ross Garnaut's draft report calls for an emissions trading scheme in Australia to help stop global warming. Can PM Kevin Rudd make the tough decisions to help the environment before it's too late?  . . read more
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Years from today, when the current financial crisis is over, historians are likely to agree that it would have been far better if the Bush administration had declared a state of emergency earlier in the process so that the necessary steps could have taken to avoid a complete financial meltdown. The media could have been used to bring the American people up to date on market-related developments and educated in the bizarre language of structured finance. Knowledge is power; and power can prevent panic.

Now we're in a terrible fix. People are scared and removing their money from the banks and money markets. This is intensifying the freeze in the credit markets and driving stocks into the ground like a tent stake. Meanwhile, our leaders are caught in the headlights, still believing they can finesse their way through the biggest economic cataclysm since the Great Depression.

If something is not done to increase the flow of credit immediately, the stock market will tumble, unemployment will spike, and many businesses will grind to a standstill. We could be just days away from a severe shock to the system. Secretary of the Treasury Henry Paulson's $700 billion bailout does not focus on the fundamental problems and is likely to fail. At best, it puts off the day of reckoning for a few weeks or months. Contingency plans should be put in place so the country does not have to undergo post-Katrina bedlam. [More]

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12 sep

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Re: Zeitgeist Addendum

Brilliant, mind-expanding stuff - even better than the original. The timing is perfect with the criminal U.S. financial system in a state of collapse and dragging the world down with it. These times of crisis lead to paradigm shifts - it is time for the Zeitgeist revolution.

1. Boycott Citibank, JP Morgan Chase & Bank of America and expose the corrupt Federal Reserve system

2. Boycott the mainstream media networks and protect the freedom of the internet

3. Boycott the military

4. Boycott energy companies - get off the grid, convert your car

5. Reject the current political system - the illusion of democracy in this corrupt monetary system is an insult to our intelligence

6. Spread the message, create critical mass 

All the natural resources on the planet are the common heritage of all people. We can all live in abundance if we focus on real change - J.P.

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Re: The Exorcism of Sarah

Religious belief should itself be a disqualification for executive office as it displays a complete lack of critical thinking. Will church and state ever really be separate in America? - Jesus

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Re: Sia - Buttons

Thanx for supporting Sia. She is Australia's finest - Amy

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Re: Alien Contact Coming October 14

I'm ready to believe but why would highly advanced aliens transmit their messages through such kooks. And what do the aliens have to do with 9/11? - The Truth is Really Out There

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Re: Who The Fuck is Sarah Palin?

Thanks for the biggest laugh of the day. YOU calling Sarah Palin a retard made my day. I rarely see that level of irony. That whole "hate god so deny him" mental problem you have is obviously blurring your judgement. Peace out loser! - Mr Happy Bottom

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Re: U.S. Economic Collapse? - From Michael Lerner

Economic collapse, I don't think so. The problem with all millenarium thinking is simply that things work at a much more glacial pace and are infinitely more complex than Michael/chicken little can get into the space of his squawk. Lehman Bros are not being singled out because they are perceived as "liberal" etc ; they are simple another of the bankstas who have hit the wall in the collapse of one of the history of money's ponzi schemes. The SCO (China)/India, resurgence of Russia and the emerging South American/Japan splintering of markets means the Wall Street pygmies now have to move out of the club house and actually perform because the game has really begun.

The banking cartel IS big news but its demise overdue and hoped for by most sentient human beings is not Economic collapse because Commerce is an essential human need and recruiter of human ability. Try one of the Economists from the USA who has been way prescient, calling these events at least two years ago to my knowledge. Dean Baker is occassionaly on mainstream media but they do not like him. The bloke really knows his stuff and while his focus is the USA his take on how Capitalism actually lurches about is fair dinkum info the world in general needs to factor in - Anthony Innes

10 aug
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