Let’s ban profit!

September 6, 2012

From John Roskam

Australian households pay twice as much for electricity as Americans. The Australian Financial Review said today we paid 22.57c per kilowatt-hour in 2010/11 compared to 11.80c in the US.

In fact our electricity prices are about the highest in the developed world. No wonder Julia Gillard wants to have a fight about it.

Yesterday the IPA’s Chris Berg and Simon Breheny told the federal parliamentary inquiry into national security reforms it was bad and dangerous for the government to want to keep track of what you do on the internet. This 6 minute rap video about it is pretty good.

The IPA’s got form fighting Orwellian ideas – here and here is what we said about the Australia Card…in 1986.

Talking of Orwell…I was on the ABC’s Counterpoint on Monday with Professor James Allan talking about freedom of speech in Australia. Hey – I love the ABC! – I still think it should be sold though. Last night on Lateline Tony Jones asked the new ABC chairman what he thought of my suggestion.

The most interesting thing from the Republican Convention last week wasn’t Clint Eastwood’s speech – which Mark Steyn loved – it was this in the Wall Street Journal about the gold standard.

The WSJ also has had this about a book published in 1975 which everyone is now talking about.

And this funny (and extraordinary) video from Peter Schiff is hot off the press from the Democratic Convention yesterday – of course profits should be banned!

You realise everything you’ve ever been told about Enron is wrong don’t you? This 2,000 word piece by a former employee explains.

And Boris Johnson (Bojo to his friends) is warming up to be British PM by telling Croatia they shouldn’t join the EU.

If you’re in Melbourne tonight you can see the IPA’s Tim Wilson debate the future of the ALP.

Here’s what else the IPA said this week:

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