The scandal-ridden Murray-Darling Basin Plan has once again stirred up passions, captured in an ABC Four Corners report on 8 July. Most commentators can’t see the wood for the trees, or in this case, the hydrosphere for the water.
Who benefits from electricity price spikes to $14,500/MWh, and who pays? Don’t let debates about climate change and renewables blind you to possible cases of vested interests being allowed to exploit the market and gouge the public.
Numerous dead fish now floating down the Darling River and in the Menindee Lakes is more evidence that the Murray-Darling Basin Authority (MDBA) has mismanaged the basin, as the CEC has long documented.
When the government and financial authorities assure you your deposits are guaranteed, don’t believe them. They have proven time and again that in a financial crash they will put the survival of banks and their powerful owners first.
In the wake of the collapse of European banks including Spain’s Banco Popular, two regional Italian banks, and the bail-in/bailout of the world’s oldest bank, Monte dei Paschi di Siena, Europe has been debating new powers to allow bank accounts to