[Marxism] Australia's big 4 banks are the biggest bastards in the world

En Passant with John Passant en.passant at bigpond.com
Mon Jun 25 05:14:49 MDT 2012


The Labor Government beat the banks with a wet lettuce for failing to pass on the full RBA rates cuts. 

Instead why not tax their super profits and redistribute some of their profit to the working class in the form of better social services like health and education, increases in Newstart and tax cuts for workers? 

And, given you can't trust the banks, something their actions have shown, how about regulating their interest rates and other offerings? Price controls over interest rates looks like a good start. 

http://enpassant.com.au/2012/06/25/australias-big-4-banks-are-the-biggest-bastards-in-the-world/


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