Wednesday, 8 April 2009

Does the X in Xenophon stand for Xenophobia?

Independent South Australian Senator Nick Xenophon is reportedly about to join in the anti-China bashing campaign by making a television advertisement opposing Chinalco increasing its ownership share of Rio Tinto. "You sell the milk, not the cow" is the message he will deliver. "We should be selling the minerals, not the mine ... let's not gamble with Australia's future." Senator Xenophon, like National Party Senator Barnaby Joyce who is also playing to a fear of the yellow peril, overlooks the simple fact that the Federal Government has the power to control the price of mineral exports whoever is doling the exporting.

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