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John Passant

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Miniposts

Keep socialist blog En Passant going - donate now
If you want to keep a blog that makes the arguments every day against the ravages of capitalism going and keeps alive the flame of democracy and community, make a donation to help cover my costs. And of course keep reading the blog. To donate click here. Keep socialist blog En Passant going. More... (4)

Sprouting sh*t for almost nothing
You can prove my 2 ex-comrades wrong by donating to my blog En Passant at BSB: 062914 Account: 1067 5257, the Commonwealth Bank in Tuggeranong, ACT. More... (12)

My interview Razor Sharp 18 February
Me interviewed by Sharon Firebrace on Razor Sharp on Tuesday 18 February. http://sharonfirebrace.files.wordpress.com/2014/02/18-2-14-john-passant-aust-national-university-g20-meeting-age-of-enttilement-engineers-attack-of-austerity-hardship-on-civilians.mp3 (0)

My interview Razor Sharp 11 February 2014
Me interviewed by Sharon Firebrace on Razor Sharp this morning. The Royal Commission, car industry and age of entitlement get a lot of the coverage. http://sharonfirebrace.com/2014/02/11/john-passant-aust-national-university-canberra-2/ (0)

Razor Sharp 4 February 2014
Me on 4 February 2014 on Razor Sharp with Sharon Firebrace. http://sharonfirebrace.files.wordpress.com/2014/02/4-2-14-john-passant-aust-national-university-canberra-end-of-the-age-of-entitlement-for-the-needy-but-pandering-to-the-lusts-of-the-greedy.mp3 (0)

Time for a House Un-Australian Activities Committee?
Tony Abbott thinks the Australian Broadcasting Corporation is Un-Australian. I am looking forward to his government setting up the House Un-Australian Activities Committee. (1)

Make Gina Rinehart work for her dole
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Sick kids and paying upfront

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Save Medicare

Demonstrate in defence of Medicare at Sydney Town Hall 1 pm Saturday 4 January (0)

Me on Razor Sharp this morning
Me interviewed by Sharon Firebrace this morning for Razor Sharp. It happens every Tuesday. http://sharonfirebrace.com/2013/12/03/john-passant-australian-national-university-8/ (0)

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Tag: Banks

The banks are telling porkies

Only we rank and file unionists can address the erosion of our living standards that mortgage rate rises produce. Strike for real pay increases.

Don’t bash the banks – take them over!

So while borrowing costs did rise the Commonwealth and other Australian banks have increased their lending rates to us by more than their increased borrowing costs. They gouged us, and continue to gouge us.

Commonwealth Bank profit makes the case for nationalisation

$5.66 billion. That’s the obscene profit the Commonwealth Bank made last financial year. Remember back to December 2009?  The Reserve Bank of Australia raised interest rates 0.25 percent. The Commonwealth Bank raised its rates 0.37 percent. Remember back to the start of the global financial crisis?  In October 2008 the Rudd Labor Government guaranteed bank […]

The European debt crisis made easy

I think I get it. The banks were in crisis so various states spent lots and lots and lots of money to save them. Now the banks won’t lend to those states that saved them because their debts are too big – from saving the banks.

Will $1 trillion save European capitalism?

European Finance Ministers have put together a $1 trillion rescue package for Greece and the next possible dominoes in European capitalism’s fall – Spain, Portugal, Italy and Ireland. Italy’s public debt, at 115% of GDP, for example, is the same level as Greece’s. This rescue package is for German and French banks to whom these countries are heavily […]

Let’s give one million pounds to Goldman Sachs!

Goldman Sachs has agreed to limit its UK partners’ pay and bonuses to 1 million pounds. That sounds about right – one million pounds into their money grubbing greedy guts.

Obama: feeding the banks and the war machine

Obama is a child of the system. He won’t challenge it in any fundamental way. His change is that of the chameleon. The beast remains the same.

Banks and interest rates

We can begin a fight back against higher interest rates and prices by striking for more wages and so winning back a little of the profit we make for the bosses.

Goldman Sachs: Will they never learn?

The Goldman Sachs roller coaster has reached the top, ready to race again to the bottom. This is nothing to shout about. It is something to fear.

The Commonwealth Bank shows we are not all in this together

The actions of the Commonwealth Bank in raising interest rates and cutting employees’ wages show we are not all in this together.