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sydney alternative media - non-profit community independent trustworthy
Thursday, 17 May 2007
Aye me hearties, and Peter Hartcher @ Sydney Morning Herald, it's talk-like-a-pirate day!
Mood:  vegas lucky
Topic: corporates

Picture: The fog over Sydney today at right 17th May compared to same street last week at left, serves as a Shakespearean symbol for the attempt by journalist Hartcher to cloud the immoral extremely excessive Macquarie Bank salaries under fire this week.

At the time of writing yesterday morning 16th May 2007:

Macquarie Bank bosses paid 100x our political leaders just another name for corporate fascism
Mood:  irritated
Topic: corporates

we didn't realise (believe it or not) that the front pagers of Sydney Morning Herald here

The fineprint: a $33m pay cheque Bank boss Allan Moss is worth 669 graduate teachers or 108 prime ministers.  ...but you will pay their tax bill 

and The Australian

Treasurer can't share Mac bankers' glee | News | The Australian

as pictured below 16th May 2007, both went the Big Sledge on sleazy Macquarie Bank with their huge salaries. To see these late last night was very heartening really because truly it is said the root of all evil is the love of money.

We felt it was a big story courtesy of Stephen Mayne's piece in Crikey.com.au ezine a full 12 hours before the traditional press, and woke up keen to echo his work, having spent the night feeling beaten over the ongoing forest destruction in my state of NSW and East Gippsland  

(Gulaga story immediately below, but also here Tuesday, 15 May 2007 Lib-Lab bullies and their logging/mining mates vandalise our local water catchments and our society index.blog?topic_id=1083693),

and it seems the Big Media were on their production timeline in parallel with the same concerns about Macquarie.

But Peter Hartcher, who we generally have a high regard for, get's it way wrong about moral values, if not Australian ones, in the Herald today here: Macquarie's small bickies compared with big boys.

Not only does Macquarie prove there is a failure of moral values but by comparing with international rapacious capital of Wall Street all Hartcher is doing is explaining the economically cruel and unsustainable global business system that has led to vicious terrorist backlash, ecological collapse, and profound market failure via global warming. That's nothing to be proud of in Macquarie Bank the so called 'national champion' or the western world generally. The headline writers got it right yesterday, Hartcher get's it wrong today:

But it does underline why even a talent like Peter Hartcher doesn't get it on why he personally should declare his own excessively generous AWA employment contract with Fairfax when commenting on industrial relations for average workers, as all other Big Media should to show they are doing the advocacy of big business hierarchy, a tone set by Macqurie bank. Hartcher is likely on $150-250K pa. We reported similar

Big Journalist squawking and vandalistic clawing last Monday here

14th May 2007 here index.blog?topic_id=1083701

Senior journalists' egregious failure to declare their own huge AWA conflict of interest
Mood:  sharp
Topic: big media

Posted by editor at 10:05 AM NZT
Updated: Thursday, 17 May 2007 11:26 AM NZT

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