Category Archives: inequality

Australia’s place in the world

Posted on July 31, 2014 by Geoff O'Reilly

It’s hard to comprehend how fortunate we are to live on this remote island continent, Australia. No-one is inclined to just move in and build “settlements” on our land. No-one can build a tunnel under our border or fire cheap … Continue reading →

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Propaganda that stokes fear controls the masses

Posted on June 28, 2014 by Geoff O'Reilly

“the only thing we have to fear is … fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance” … Franklin D Roosevelt (1933 Inaugural Address) Fear is created by propaganda. Fear paralyses. Fear controls the masses. … Continue reading →

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Celebrity insider trader goes to gaol …

Posted on June 21, 2014 by Geoff O'Reilly

Back in 2012 Rajat Gupta was sentenced to 2 years gaol in New York for insider trading. He appealed, of course. But that failed. So last week off he went to a friendly gaol nicknamed Club Fed (where he can have visitors … Continue reading →

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Time for a banker to go to gaol?

Posted on June 15, 2014 by Geoff O'Reilly

BNP Paribas, France’s biggest bank, is in trouble with the law in the US. It is apparently guilty of violating US financial sanctions against Iran and others. The US Department of Justice (DOJ) suggested the bank plead guilty and pay a $16 billion … Continue reading →

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Careful what you wish/vote for …

Posted on June 3, 2014 by Geoff O'Reilly

What did you think of the Federal Budget? It has certainly created more talk, and for a much longer time, than is usual.  It has elicited some excellent commentary on the ABC website and in the Sydney Morning Herald from … Continue reading →

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No further comment necessary

Posted on February 27, 2014 by Geoff O'Reilly
Posted in inequality, why do people do what they do | Tagged | 1 Comment

Good bye 2013 …

Posted on January 3, 2014 by Geoff O'Reilly

Was 2013 a good year for you, one to celebrate? … or are you glad to see the back of it, and pleased to celebrate the arrival of 2014? Either way, there was one helluva celebration a couple of nights … Continue reading →

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Great! Seasoned commentators get it!

Posted on December 2, 2013 by Geoff O'Reilly

Fantastic!! The Pope and the Productivity Commission have stirred two of Australia’s respected and seasoned political/economic commentators. I read much of what Alan Kohler and Paul Sheehan produce. Not always, but more often than not, I find their writings right … Continue reading →

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Pope Francis on inequality … an update

Posted on December 1, 2013 by Geoff O'Reilly

The Pope’s “missive” has caused quite some reaction. I enjoyed this informative post in the Wonkblog at the Washington Post. Pope Francis has a few thoughts about the global economy. We added these 13 charts. It’s an excellent recital of the … Continue reading →

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Inequality … the Pope weighs in …

Posted on November 28, 2013 by Geoff O'Reilly

The referendum in Switzerland I wrote about last week went down 65% to 35%. The Swiss decided that top salaries in a corporation should NOT be limited to 12 times bottom salaries. It probably failed because of the overreach of … Continue reading →

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