I signed a petition to members of parliament a while ago. Since then I have been on Labor’s email newsletter list. Today I received an email detailing the week’s activities in parliament from their perspective. So I responded.
Tony, thanks for your email documenting what you consider to be the highlights of this week in Parliament from Labor’s perspective.
But I fear you have completely missed the boat on two of the most treasonous acts ever to be waged on the Australian people by those the elected in trust to do right by their constituents rather than their corporate sponsors.
The first was the passing of the TPP with the provisions intact that corporations can sue our government in court. Not just any court of peers as specified in Magna Carta, but one not of peers of the realm. This has the potential of exposing we the public, via our government, to billions of dollars of damages awarded to companies against whom the government legislation was perceived as impacting negatively on their profits. Never mind the benefit of the legislation to the people or the harm of the company’s activities! Hang your head in shame both Liberal and Labor for that one!
The second act of treason was the failure to enact legislation to break up the banks and separate their deposit taking activities from their risky investment activities, exposed as they are to trillions of dollars worth of derivatives bubble. This puts at risk the savings of every bank depositor, large and small, corporate and private, of having those savings “appropriated” via a “bail-in” measure. Hang your heads in shame again, both Labor and Liberal!