CEC on “Oil Crisis”:
“Nationalise our oil & gas,
raw materials!”
The speculation-driven skyrocketing price of petroleum is savaging all Australian citizens, and destroying our agricultural and trucking industries, among many others.
Therefore, to protect the Common Good of this country, both in the present international hyperinflationary crisis, and to secure Australia’s future, the Citizens Electoral Council calls for the nationalisation of all our oil & gas deposits, together with our raw materials in general.
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Did the U.S. banking system nearly melt down last week?
Did the U.S. banking system nearly collapse last week? On Monday, July 14, spurred by an open run by depositors to pull their funds out of the failed IndyMac Bank (reopened by the Federal Depositors Insurance Corporation—FDIC), the banking crisis was once again in the headlines. During the day, bank stocks plunged as shareholders rushed to sell, and there were indications that the runs were not limited to IndyMac.
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Breadlines or New Bretton Woods?
Three thousand people queued for food parcels at a Brisbane church on July 11th. Queensland is currently the least affordable state for housing, requiring more than 40% of family income on average, to service a home loan. New housing loans have collapsed by more than 30% over the last year. Brisbane City Council has increased rates on apartments in the CBD by up to 800%.
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CEC proposes real electoral reform
The current spate of State and Federal calls for “electoral reform” are a sham, with but one purpose: to negate the rising popular support for the pro-national sovereignty Citizens Electoral Council, and to entrench the existing, private financier-owned “major” parties (including the Greens) in power, as the world and Australia along with it plunge into the greatest economic/financial collapse since the Black Death of the mid-14th Century.
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