Wednesday, March 26, 2014

Australia’s richest person Gina Rinehart receives welfare loan from US taxpayers


How Australia’s richest person, mining heiress Gina Rinehart, secured a $US694 million ($764 million) loan from American taxpayers is surely one of the great ironies of the capitalist system, reports The Australian Financial Review.

The case is the latest example of a flaw in the United States political economy: what some see as crony capitalism .... http://webcache.googleusercontent.com