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Gas price explosion - corporate greed


Economists are predicting that Australia will be the world's biggest exporter of LNG by 2018, overtaking Qatar's production. Instead of being able to enjoy prosperity and the economic benefits, consumers and manufacturing industries will be held hostage to the multi-national mining giants' demands.

Gas producers in the eastern states were once devoted to supplying domestic buyers, but now they are now chasing export dollars. Until very recently, gas extracted in Australia stayed in Australia. Because our nation has abundant natural gas reserves, it meant our gas prices have stayed low by global standards. 

The loss of insulated prices will mean we are forced to compete with buyers across Asia who prepared to pay top prices.

Democracy and Protectionism, India and emerging powers

Australia, still a colony, has more supermarkets per capita than the US and nearly three times as many as the UK. India, no longer a British colony, has no supermarket chains. What other country can claim this? Late last year Indian shopkeepers rioted successfully to stop foreign investment liberalisation and multinational supermarkets. Here is a mostly French-sourced article about how emerging powers are looking after their own industries, while the free-marketeers of the west sell the rest of us down the river. See also article about President Francois Holland's program to meet protectionism elsewhere with protectionism at home: ,"New French industry policy to moderate globalisation, Ministerial interview" A word of warning to vegetarians, the sacred cows of India are being sacrificed now to the mighty dollar.

A Patriots’ Agenda

Robert Bowman writes about the need to restore the Constitutional rights of American citizens, enhance their national security through a return to Constitutional foreign and military policies, and rebuild their economy by providing financial security to American families. None of these things can be accomplished so long as the giant multinational corporations, the banks and financial service companies, the insurance industry, the fossil fuel conglomerates, the weapons manufacturers, and the billionaires are running the US government. Therefore the first priority of American patriots, he says, has to be separating big money and political power.

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