Gina Rinehart (Cropped), Photo by Panorama Mercantil

UNITED STATES - The 2012 Presidential election one of the candidates has been labeled as out of touch plutocrat, a perception reinforced by his numerous faux pas, gaffes, and seeming inability to connect with voters.

The perception held by the public and the media is that Mitt Romney desires to become president for the sole purpose of advancing tax policies and legislation that will benefit the rich to the detriment of the middle class. These assertions have been vigorously denounced by other wealthy Americans who have subsequently accused the public of class envy.Though they claim to be beneficent and caring about the lower and middle classes, this proclaimed sentiment belies what many believe to be the truth. This feeling was evidenced in a statement made by Mitt Romney in May 2012 to wealthy donors attending a $50,000 a plate fundraising event.

Unbeknownst to Romney, he was caught on video expounding upon his view that 47% of working and lower-class Americans were in their predicament because they lacked both drive and a sound work ethic.

This, despite the fact that he and other wealthy individuals like him inherited their wealth. Lest global citizens think that Mr. Romney is an aberrant case of an extremely wealthy individual who can’t or won’t sympathize with those who were not born with the same privileges and advantages, Gina Rinehart proves this assumption wrong.

Ms. Rinehart is an Australian mining tycoon who inherited a fortune which is now worth $19 billion and is considered the world’s richest woman. She also claims class envy as the reason why commoners dislike her. However, public derision of Rinehart stems from her 30 August 2012 statement to Amy Coopes, a reporter for AFP in which she advised people of lesser means on how to become one of the uber-wealthy.

"If you're jealous of those with more money, don't just sit there and complain," she said in a magazine piece. "Do something to make more money yourself -- spend less time drinking or smoking and socializing, and more time working."

Today, speaking at the Sydney Mining Club, Rinehart reiterated her opinion about those less fortunate than her. In her speech she asserted that the mining industry in Australia cannot compete with nations that are willing to pay workers less than $2 a day for their sweat and labor, and therefore, Australian businesses should be allowed to lower employee salaries to match or beat this amount.

Rinehart has been urging Australian lawmakers to cut the minimum wage, ostensibly to prevent these jobs from being outsourced, but in reality it is because she doesn’t want to pay a living wage or benefits afforded most employees in industrialized nations, preferring to use the labor of immigrants from nations with emerging economies.

Like the American public, the Australian Prime Minister Julia Gillard didn't buy Rinehart’s specious and self-serving argument. The truth of her position is much like other rapacious plutocrats, corporate raiders, and venture capitalists who believe that the poor should be grateful for any job even if they are paid little or nothing.

Round Two of Gina Rinehart Legal Battle (lawprofessors.typepad.com)
Gina Rinehart Coal Mine Draws Opposition From Environmentalists - Bloomberg (bloomberg.com)
Rinehart branches out into oil and gas (abc.net.au)
Is Gina Rinehart No Longer the World's Richest Woman? (sfluxe.com)

Ayanna Nahmias, Editor-in-ChiefLast Modified: 23:25 p.m. EDT, 26 January 2012

PORT JACKSON, Australia - Today is Australia Day which commemorates the establishment of the first settlement at Port Jackson, now part of Sydney, in 1788. Originally, instituted for the exclusive enjoyment of the white settlers, the country has more recently tried to promote the holiday as an opportunity for Australians to come together to celebrate their country and culture.

However, this celebration is a painful reminder to the Indigenous Australians of their relegation to second class citizenry and the extreme racism they face on a daily basis. According to the website Creative Spirits, "87% percent of Australians agree that there is racial prejudice in Australia. 42% percent believe that Australians with a British background enjoy a privileged position.

26% percent of Australians have anti-Indigenous concerns. 41% percent of Australians agree that 'Australia is weakened by people of different ethnic origins sticking to their old ways.' 11% percent of Australians don't think that all races of people are equal. 35% percent of applications job seekers with Indigenous-sounding names had to submit their resumes numerous times to get the same number of interviews as an Anglo-Australian applicant with equivalent experience and qualifications in a study in 2009. 70% percent of surveyed Australians thought India's media was wrong to brand Australians as being racist toward Indians, after several attacks on students."

Today, in opposition to the racist treatment of Indigenous people in Australia, some 200 supporters of indigenous rights surrounded a Canberra restaurant and banged its windows while Prime Minister Julia Gillard and opposition leader Tony Abbott were inside officiating at an award ceremony. Around 50 police escorted the political leaders from a side door to a car.

The protester were encamped at the Aboriginal Tent Embassy, which in true sit-in fashion, is a collection of tents and temporary shelters in the national capital. This de facto Embassy serves as the focal point for the anti-Australia Day movement. The Tent Embassy celebrated its 40th anniversary on Thursday. Many Aborigines refer to the national holiday as Invasion Day because the land was stolen from them and settled without a treaty or fair compensation.

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Twitter: @nahmias_report Editor: @ayannanahmias