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Isocracy Newsletter 14: May 5, 2010

Isocracy Newsletter 14: May 5, 2010

"The single tax is so simple, so fundamental, and so easy to carry into effect that I have no doubt that it will be about the last land reform the world will ever get."

- Clarence Darrow, How to Abolish Unfair Taxation (1913)

Changes in Government

The Austrian Presidential election has seen incumbent independent (former member of the Social Democratic Party) candidate Dr. Heinz Fischer receive 79.3% of the vote. The closest opposition was Barbara Rosenkranz of the far-right Austrian Freedom Party with 15.2%.

In Iraq a manual recount has begun of the 2.5 million ballots cast in the capital Baghdad during parliamentary elections two months ago. The recount was requested by incumbent Iraqi prime minister Nouri al-Maliki, when provisional results gave the bloc led by rival Iyad Allawi a two-seat lead.

International News

Greek Bailout and Austerity Measures: The European Union and the International Monetary Fund have crafted a bailout package for Greece that will provide approximately €120 billion to end the sovereign debt crisis in that country. However austerity measures planned by the government, amounting to some £95, are based on tax increases, wage freezes and spending cuts, including pensions. The country has been rocked by strikes, riots, and an attempting storming of the parliament.

Thailand Red Shirt Victory: Thailand's "Red Shirt" protestors have one a partial victory with Prime Minister Abhisit Vejjajiva's suggesting a new general election November. The government has also said that it was open to talks about establishing an amnesty for people who had violated the emergency law that prohibits political gatherings of more than five people.

Somalia Bombing, Haradhere taken: A May 1st bombing in a Mogadishu mosque has resulted in at least 45 people being killed. The attack was most likely carried out by Hizbul al-Islam. On the following day Hizbul al-Islam militants took the town of Harardhere, encountering no resistance.

Nepal Protests: A general strike led by Maoists has shut down much of Nepal, following a rally of 150,000 people calling for the resignation of the Prime Minister. The Maoists were part of a governing coalition last year, but walked out after the Prime Minister refused to dismiss the head of the army.

"Us Now" Movie Promotion

The costs for communication and administration have been dropped drammatically by the modern computer networks and the growing computer competence of the population. The movie "Us now" (2009) shows in a very clear way the significance of computer systems for future isocratic government systems. Please popularize this movie! (freely watchable on

The Isocracy Network Founding Meeting

The Isocracy Network is establishing a formal Melbourne group. This meeting will be held on Saturday, June 12 at 2pm at 110 Grey Street East Melbourne; the date coincides with the adoption of Virginian Declaration of Rights, one of the earliest and strongest modern statements on the limitations of government and the right of individuals. Light refreshments will be provided.


Senators Sherrod Brown (D-OH) and Ted Kaufman (D-DE) have introduced a bill - the SAFE Banking Act (S. 3241) - to break up the big Wall Street banks, on the grounds that they are an oligopoly and engage in monopolistic behaviour. This may be the biggest reform of Wall Street and corporate power in 80 years.

America's four largest banks - Citibank, Bank of America, JPMorgan Chase, and WellsFargo - have assets of $7.4 trillion, equal to 52% of the country's GDP.

Liberal activist site have a petition supporting the breakup:

Avaaz and GetUp! Have organised a petition against the Rudd government's failure to take immediate action on climate change, delaying any action to 2013 - six years after he called climate change the moral challenge of our age. Kevin Rudd has previously described inaction on climate change as: "... absolute political cowardice; what absolute failure of leadership."

Avaaz also have established an international petition against a decision of the The International Whaling Commission which has proposed to legalise commercial whale hunting for the first time in 24 years.

Finally, Prosper Australia has a petition dove-tailing with the release of the Henry Review on taxation, for a review of land price, the effect on home ownership and the possibility of reintroducing a federal land tax.