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The immaculately dressed distinguished looking gentleman walks briskly towards the historic building, escorting him is a member of the local police force. Across the Bay the man's multi-million dollar motor yacht gleams brightly in its private berth at the private yacht club. The man scarcely has time to take in the view of this famous harbour, or even notice the manicured lawns and gardens of the establishment he is about to enter. He could be attending a very important business meeting or perhaps entertaining wealthy clients, and on any other day that is precisely what he would be doing. For he is a member of the rich and famous upper society of Australia. Today however he is just a common criminal, tried, convicted and sentenced for using insider knowledge, in other words he heard something, thought he would make a quick buck and got caught.
There was no outcry from the lower social standing members of the public, just a shrug of the shoulders and the odd comment, "bout time one of them got what they deserved" and "couldn't buy his way out of that one". Harsh comments or simply the vocalisation of the thoughts and attitudes the majority of middle and lower income people hold towards the so-called rich and famous. This perception of the wealthy is not restricted to Australia; it is in fact an attitude that lies deep within the psyche of the developed nations of the world.
England is a prime example of this; there is a growing awareness of the widening gap between rich and poor. Daily newspapers headline with the reports of massive salaries and share option schemes awarded to those who run the countries leading companies. How do they get away with it, what are the circumstances that allow the rich and powerful to float blissfully along unperturbed by the cries of outrage from the populace? If we accept the writings of our journalistic leaders, then it is simply the mechanism of life, the unquestionable fact that wealth quite naturally creates greater wealth, and that is the way things work. Within the realms of the so-called rich and famous this is simply referred to as the market factor. Margaret Thatcher former Prime Minister of England is famous for her quote "you can't buck the market". Her government may not have bucked the market, but they were not above rigging it in favour of the rich.
This perception of the wealthy is reinforced within us every time we read a paper or magazine. The Courier Mail is a good example of this, on Wednesday 4th June a headline screamed, "Forty-Hour week has had its Day" No we are not getting the mythical 6 hour week, in fact in order to maintain our existing lifestyle we are actually working longer hours for very little more income. The report goes on to say that double the number of people work 50 hours or more a week than two decades ago. The average worker is on the job for 44 hours a week, and since 180 the number of households with both parties working has risen to 5%. The average household income has risen to $105 per week. Yet this is a pittance compared to the incomes of the rich and famous.
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The same paper on the same day reported on the Australian Magnesium Corporations directors' incomes. This company is about to go belly up, and all the usual reasons were fed to the public and share holders, we did our best, it was outside factors, the government wouldn't help, however the directors were not responsible, after all they are rich and powerful men, and not subject to the losses, that the ordinary man was about receive. These men of wealth and influence simply said, "bad luck", "we'll do better next time" and held out their hands to the tune of $5.8 million dollars in fees and gratuity as they left the sinking ship. 5% of Australian households have two working partners earning a paltry $100 per week, these knowledgeable and influential men received $500 per day as advisors, and the company sank. There was no outcry, no gnashing of teeth the paper simply stated the facts and hoped that something would be learnt from this exercise. Had it been a robbery or some other form of crime that common people commit, then all hell would have broken out. The headlines would have screamed for blood with such an outlandish amount of money involved, but these people were directors not criminals.
But wait a minute, if this perception of the rich and famous is being so cleverly, and one could say almost religiously, portrayed through our various forms of media then, what of real life. What is really happening out there in the world of high finance, what takes place above the heads of mere mortals as they stare up to the skies shielding their eyes from the glare of the high-rise ivory towers?
The rich and famous wring of hands as one of their own treads the gravelled path towards his weekend prison cell, no phone, no fax, no computer, just he and his cell mate, wiling away the hours discussing the pros and cons of manual labour within the prison confines. Mr Rivken has only 8 weekends left as a common prisoner. The question is, will he ever reach the top floor of his next ivory tower, or is he the first of many so called rich and famous to feel the wrath of common peoples laws.
By DavidAWhite
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