The Byron Shire Echo – Issue 34.06 – July 17, 2019

Page 64

Backlash The Monthly has published Kerry O’Brien’s extensive Mungo MacCallum bio: A true journalistic believer. Kerry writes that Mungo ‘has continued, with very rare lapses, to write his weekly political column in a genuinely independent and nicely idiosyncratic Byron newspaper called The Echo. The quality of his work is as good as anything he’s churned out in 50 years, and his well of political history – a rare commodity these days – is deeper than any other commentator’s I know’. Mungo’s comment is on page 12 and Kerry’s bio is available at https://bit.ly/2XJqgW1.

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There’s a multitrillion-dollar black hole growing at the heart of the world’s financial markets, reports www. bloomberg.com. ‘Negativeyielding debt – [government] bonds worth less, not more, if held to maturity – is spreading to more corners of the bond universe, destroying potential returns for investors and turning the system as we know it on its head… Negative-yielding debt topped $13 trillion in June, having doubled since December, and now makes up around 25 per cent of global debt’. Surely our financial overlords will make sure that – unlike before – the middle class won’t have to bail out the one per cent elite when this goes belly up? Q Q Q Q

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You will have to wait until next week to read what the Greens councillors have to say about the criticism of their leadership by former state Greens MLC Ian Cohen (as published on page 16 last week). Here’s a prediction – the Greens councillors will avoid answering the points raised and instead spruik

Bruns was full of chrome last weekend for the Back to Bruns Hotrod Run. Maya Kent from Ocean Shores often brings her vee dubs, which are both mid-century, to the yearly event. She is pictured with a beautiful 57 Buick Special. Photo Jeff ‘Last-Century’ Dawson Council solar projects, which is something many other councils have already rolled out. Backlash understands that again only around 10 members turned up to their last monthly meeting.

ensuring Australia’s declining reputation as a beacon for press freedom, government integrity, and whistleblower protection.

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Stay safe at Splendour, peeps! See our Q&A on police sniffer-dog and strip-seach powers on page 6.

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Protesting against mass extinction landed 20-year-old protester Sergio Herbert in a Brisbane jail for four days – without legal support. Despite his friends trying to pay the fine, the court reportedly refused. Sergio had participated in Extinction Rebellion non-violent civil disobedience to highlight inaction on the climate crisis. He said, ‘Permafrost is melting 70 years faster than predicted. Icecaps are melting faster than predicted… When will our society take this seriously?’ Q Q Q Q

Great news – Australian Federal Police commissioner Andrew Colvin has announced he is quitting after five years at the helm. He deserves a special thanks for the media raids and

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