Reported by Derrick MacThomas
BANK FIRES HUNDREDS, AUSTRALIA CIRCLES THE DRAIN.
The repeated statements by Australian Prime Minister Kevin Rudd that the banks were safe has been exposed as another Fabian lie. The ANZ Bank has just sacked hundreds of staff and charities are sacking workers because they cannot pay them. Retails sales are plummeting, real estate has collapsed, the dollar has dropped by 40 per cent and the share market is burning. Australia is in deep, deep trouble.
The Australia Calling webcast by Derrick MacThomas for this week which features this story and more form down under can be downloaded for your listening pleasure.
Here: Australia Calling Latest Edition.