Wednesday, 15 February 2012

Increasing Rates Risks Social Contract Between Banks and Australian Public: Greens MP - International Business Times

The Social Contract
It seems that Australian banks don't think 
they are part of this nation or 
owe Australians any consideration whatsoever. 
 They are:
  • taking government considerations to prop them up during crisis and recession
  • making record profits
  • laying off staff who contributed to those profits
  • lifting interest rates paid by Australian people
  • continuing to pay huge salaries, benefits, and other forms of remunerations to senior executives
  • participating in unethical behaviour

What do Australians have to say to the banks on this?
English: Australian flag seen flying in Toowoo...

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