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Selling off the farm? : Comments
By Mike Pope, published 23/6/2011China has been buying-up Australian farming land and mines. Does this represent a national problem?
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Posted by Arjay, Thursday, 23 June 2011 9:06:32 PM
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That is exactly what I have been stating. We the people have no say anymore. We have or are being enslaved in our own country. People are beginning to wake up. We need to do something quick or it will be to late. Gillard refuses to have anything go to a referendum of the people and by the people. Our governments are content to sell everything of value in Australia to foreign powers and investors. The only hope we have of putting a stop to it is by the people uniting and stop it now or our children and their children and so on will suffer in the long run. We are a christian country, with christian morels whether you are a christian, an agnostic or athiest we still live by christian morels and standards. Foreign powers and corporations do not care about us the people, they are only interested in owning our country and enslaving us.
Posted by gypsy, Thursday, 23 June 2011 9:32:26 PM
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Whilst I have a real concern over the long-term impact of this trend on soverienty and food and water security, some commentators are a little shrill.
I agree completely that if Australians cannot operate as foreign investors in another country, then companies or governments from those countries should be restricted here. Fair is fair. However, there are plenty of Australian businesses operating in China, so that is perhaps not the best example to pick. A better one would be Canada - fine for two Canadian giants to buy up our ag processors/suppliers, but not ok for our BHP to buy one of their companies. MickC, the Australian rural population has been in decline since about the 1920's. I agree that it is a lot more noticeable to me now then 30 years ago when I was a kid. But then even 30 years ago there were at least 3 houses on my dad's property that were nothing but rubble, and one that no longer existed at all as it had been pirated to extend onto our homestead. Those that have survived have done so by a combination of frugalness, cleverness, good business sense, being land-hungry, and pure luck (some combinations different to others). Since I was born the farm went from about 15,000ac to about 40,000ac. I was raised to believe that living simply and as tightly as possible were the most important things, so that debt could be paid off quickly and the next block of land bought. Like I said though I do share the concerns of those already noted, and would like to see (a) a lower level of investment have to come before a review panel and (b) the findings and reasonings of the review panel to be made public. There needs to be some surety that long-term consquences are being considered. Posted by Country Gal, Thursday, 23 June 2011 11:07:13 PM
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Arjay wrote, "China also has many Govt banks which create new money to equal GDP debt free. We have private banks that create all our new money as debt.Who are the fools?"
Have you read "The Web of Debt" (2007, 2008) by Ellen Brown? It opened my eyes. It shows to be false the view that money has any inherent value of its own. All it is is a measure of actual wealth. If we abolished private banks and governments assumed the right to print as much money as there was real wealth -- cars, houses, computers, machinery, food, raw materials, etc. (and not shares, bonds, etc.) -- and no more, as the British American colonies until the middle of the 18th century, then we would not have the cycles of financial crisis that we now face. Until the private British banks made the British government outlaw colonial government ownership of banks and forced colonial citizens instead take out loans at interst from them, instead. Before that, the colonies prospered, after the publicly owned baning system was closed, the colonies suffered severe econmoic crises. That is what caused the American Revolution of 1776. Unfortunately, after much underhanded manoevering and dispute in the subsequent history of the US, the private banks regained firm control of the US banking system in 1913, when control of money was handes across to the private cartel of bankers known as the Federal Reserve. The US and the rest of the world have suffered greatly as a result, ever since. (Arjay: I stayed at your place late in 2009. You kindly put me up for one night at your residence, when I was stuck for somewhere to stay during a weekend interstate visit. In May last year, I was hospitalised as a result of a road accident. That is one reason I have been so little in touch since then. When I can recover my e-mail folders on the computer I was using then, again, I will contact you by e-mail.) Posted by malthusista, Friday, 24 June 2011 9:44:25 PM
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Not so long ago, resource poor Japan attempted to control our resource rich Nation by force. Nowadays, China can afford to buy us, lock, stock and barrell. New Zealand defends itself by registering foriegn ownership of more than 5 (five) hectares. I assume that in the not too distant future, we too, will understand the general acquisative strategy and defend ourselves.
In the long run it will all be about food. Remember that the first bit of business on Earth was about food (an apple I recall). The second last bit of business on Earth will also be about food - and whoever controls food production resources will enjoy the last bit of business. In between times, I believe we must control our own resources. Yes, invite investment but maintain 51% control - just like Chinese entities demand in their negotiations with our companies. And if the pace of development is slowed by this demand, so be it. That will only increase profitability if productivity of limited resources suffers. Finesse will be required but I'm not sure that we are good at that. However, I'm confident that we will learn, given the associated challenges - and time. Posted by Beef, Monday, 27 June 2011 12:20:21 PM
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I wasn't going to bother, gypsy, but these little irrelevancies seem to have a life of their own, unless someone picks up on them.
>>I dont know if you are aware that the Commonwealth Government of Australia is a Registered Corporation on the USA Securities and Exchange Commission. Their number is 000 080 5157 and ABN 122 104 616<< The Commonwealth of Australia is indeed recorded with the US Securities and Exchange Commission, as required by US corporate requirements. The reason for this is to allow the government to issue financial instruments in the US. Here is the latest filing. http://www.sec.gov/Archives/edgar/data/805157/000134100410001939/coa_18ka.htm The Commonwealth of Australia is also recorded with the Australian Securities and Investment Commission, under ACN 122 104 616 (not ABN; that has two more digits at the front) As ASIC explains, it is there under the category "Non-registered entity", whose definition is "An organisation that is not required to be registered with ASIC but whose name appears on our database because, under the terms of its incorporation, the organisation is required to lodge certain documents with ASIC" What is not clear is why you feel it necessary to draw our attention to this trivia. And if it is just about that "writ of mandamus" furphy, forget it. http://www.freestatevoice.com.au/politics/item/531-stop-press-prerogative-writs-of-mandamus-served-in-the-high-court-today Just another internet joker having a lend of the gullible. >>As you can see I research. Cheers<< But research what, gypsy? And I'm sorry, but I have to chuckle at the naivete of this... >>Pericles try buying land or a mine in China then get back to us<< Ummmm... what with, Kenny? Posted by Pericles, Monday, 27 June 2011 2:07:31 PM
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China also has many Govt banks which create new money to equal GDP debt free.We have private banks that create all our new money as debt.Who are the fools?