The world’s most wealthy woman is warning that firms are in danger of having to abandon iron-ore mining in Australia if wages are not cut, pointing out that African miners are “willing to work for less than $2 per day.”
In a video recently posted on the Sydney Mining Club website, 58-year-old Gina Rinehart — who has amassed a $18 billion fortune through iron-ore prospecting — said that Australia could be more competitive by emulating Africa.
“We must be realistic, not just promote class warfare,” the billionaire explained. “Indeed, if we competed at the Olympic games as sluggishly as we compete economically, there would be an outcry.”
“The evidence is unarguable that Australia is indeed becoming too expensive and too uncompetitive to do export- orientated business,” she insisted, adding that “Africans want to work. Its workers are willing to work for less than $2 per day.”Under current exchange rates, $2 a day in Australia is worth about $2.04 in U.S. dollars.You can't make this stuff up.
The Raw Story
World’s richest woman suggests $2 a day wages for Australian miners
David Edwards
7 comments:
http://www.huffingtonpost.com/2012/08/30/gina-rinehart-drinking-smoking_n_1843371.html
mitt romney's counterpart in oz, complete with the charisma of a dead lizard - except that she is fat and mitt doesn't appreciate fat people.
She's done ... no hope there. Chalk up another completely disgraced human. Sad....
does this kind of wealth turn you into a sociopath, or does it take a sociopath to do the things necessary to become a billionaire ?
From Stalin to Hitler to Atilla human nature, greed, fear and evil have been trying to crowd out the good people can do. This women needs a lesson in humility, and catching a few of the bullets the south african police shot and killed the miners with. It's easy to not feel someone elses desperation and pain when viewed from a distance. This women will suffer the wrath of the great contrarian fact of life, she is due.
A little rebellious energy blast from the past:
http://www.youtube.com/watch?v=Ofrqm6-LCqs
Midnight Oil: "Blue Sky Mine"
This type of thing is missing from the current social climate: Thanks Apple!
"does this kind of wealth turn you into a sociopath, or does it take a sociopath to do the things necessary to become a billionaire ?"
very good question, miller! it think it's more the latter than the former, but i could be wrong.
and as if it couldn't get worse, i hear she's in court at this very moment fighting with her kids over shares in the company! so, i guess when she passes away, there's a coupla more rineharts to succeed her...
Bring back the guillotine, that's what I say.
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