Tuesday, May 31, 2011

Opposites Attract

A letter to the editor in today's Australian:
Thanks for the photo of Cate Blanchett's home. Now go ahead and publish photos of the homes of the billionaire mining magnets [sic] such as Clive Palmer and Gina Rinehart.
The mining (ahem) magnates' wealth is immaterial. They are not the ones calling for a tax on other people. Cate Blanchett (worth around $53M) is.

Moreover, whilst it's trendy to complain about 'fat cat' mining companies raping the Earth and laughing all the way to the bank, it's easy to ignore the huge commercial risks they take searching for minerals. Plenty of mining companies go broke.

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