THOUGHT FOR THE DAY

Finance

“I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes. ”

- Edward Gibbon

TOPIC OF THE DAY

World Economic Crisis

The political coup that suddenly erupted in Canberra on June 24 constitutes a striking demonstration, against the oft-repeated mantra of “Australian exceptionalism”, that the country is being swept into the global turmoil produced by the most serious crisis of world capitalism since the 1930s. Orchestrated by a small group of Labor Party factional bosses the coup against Prime Minister Rudd stands as a stark warning to the working class. Without any discussion in the Labor caucus, let alone the party’s membership, and behind the backs of the population, an elected prime minister was deposed within the space of 24 hours. Not a single Labor politician, including Rudd himself, has registered a word of protest.

Source

LATEST ARRIVALS

Lords Of Finance by
Liaquat Ahamed