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The Forum > Article Comments > Selling off the farm? > Comments

Selling off the farm? : Comments

By Mike Pope, published 23/6/2011

China has been buying-up Australian farming land and mines. Does this represent a national problem?

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Legally China has limited rights to land that it purchases but the land laws of the "parent" country can be changed so that the benefit to China is more fairly shared.

Today China can take the produce of the land for itself without having to pay for more than the cost of labour, fertilizers and machinery without sharing the advantage over other Australians that this land ownership confers. It also needs to cover the transportation costs of bringing the product to its own people.

But when tax moiney is spent in improving the roads and communications to the Chinese-owned land, it becomes more useful and productive (since the transport costs of the produce are lowered) yet China will not compensate the Australian government nor its people for this investment in infrastructure.

The same principle applies not only to China but to any land owning monopolist. Land ownership consumes some of the rights that should go to everyone who lives around the region, yet they are taken by the land lord. By taxing land values, this benefit is restored. Australia has some experience in taxing land values and these procedures should be applied to the Chinese held land in common with the rest.

Of course farmers object, but the advantages that their land give them and the limited access that their ownership allows the rest of the community are detrimental to the country at large.

TAX LAND NOT PEOPLE; TAX TAKINGS MOT MAKINGS!
Posted by Macrocompassion, Monday, 27 June 2011 7:33:08 PM
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Pericles perhaps you have better research methods and knowledge than mine. Constructive critisism is always of value in learning and gaining knowledge.
As previously stated in my earlier posts I spent most of my spare time in research. Unfortunately it only started January 2010 when I discovered we have had a Constitution since 1900.
I have been advised that the Commonwealth of Australia was and is a registered company on the U.S.A. stock exchange and that all of our birth certificates are registered as financial stock with them.
Our birth certificate stock gains financial interest for our entire life and when we die our government cashes it in and claim it. Perhaps I have been given false info again. Maybe the few who have learnt this knowledge and benefited by it are lieing.
Posted by gypsy, Tuesday, 28 June 2011 4:30:17 PM
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Maybe it is all to do with global marketing. China is buying dirt and taking it to china in boats, in the form of iron ore. The WA landscape is changing, endless plains then a mountain, only to find someone is tearing it down, to make more endless plains. When the easy ore runs out here they will get it from south africa. Australia will then be left with the more expensive ore to retrieve. There will still be a couple of bumps left on the landscape, because WA says it will not mine uranium.
Posted by a597, Wednesday, 29 June 2011 1:58:30 PM
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You might need to be a little more careful when selecting your sources, gypsy.

>>I have been advised that the Commonwealth of Australia was and is a registered company on the U.S.A. stock exchange<<

A registered entity. It is not a company. But in order to sell securities in the US, you need to register yourself, and to publish regularly the details that are relevant to anyone buying or selling those securities. Governments, as well as companies. As EDGAR tells you:

"The Commonwealth of Australia files Annual Reports on Form 18-K voluntarily in order for the Commonwealth of Australia to incorporate such Annual Reports into its shelf registration statements"

That's all. Nothing sinister. You are free to access these documents via the EDGAR system, to see exactly what is being filed.

>>...all of our birth certificates are registered as financial stock with them<<

Not true. As you can see, if you check EDGAR, where the reports are filed.

>>Our birth certificate stock gains financial interest for our entire life and when we die our government cashes it in and claim it.<<

How would that work, do you reckon? From whom do they claim, and how much cash changes hands? If you think about it, what you wrote there makes absolutely no sense at all. Where did that idea come from?

>>Perhaps I have been given false info again.<<

On balance, I'd say that this would be the case. The question really is why would anyone bother to invent stuff like this? Especially as it makes absolutely no sense at all.

>>Maybe the few who have learnt this knowledge and benefited by it are lieing.<<

Once again, all you have to do is consider what benefit they could get from it, even if they had it. Think of the number of non-government organizations that already have access to your birth certificate information - insurance companies do, for sure. Why would any government need to buy or sell this information?

Good luck with your researches. As I said, have a think about your sources. And apply a reality check, every so often.
Posted by Pericles, Wednesday, 29 June 2011 4:46:44 PM
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Hi again Pericls.
Well regarding the Birth Certificate. I checked back to the source of my information and queried as to how and where they came about the information. They explained it more in depth which enabled my own search and low and behold I have discovered the following;
In 1953 the Australian Reserve bank purchased our entity birth certificates and transferred them to the Reserve Bank of America who invested them on the American Stock exchange.
We the Australian living flesh and blood people are the Agent for the all CAPITAL letter name example JOHN DOE.
A trust account was set up with a ghost department of the Australian Taxation Office in Canberra.
All of our Birth Certificates have a CUSIP number which is the file and equity number of our shares.
Apparently we can not close the account and collect the cash, but any debts such as in the name of the all CAPITALS entity can be paid out from the profits of the stock.
I am continuing into the research.
Posted by gypsy, Wednesday, 29 June 2011 9:07:00 PM
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In some countries foreigners cannot purchase land or any fixed assets. They can only lease it, perhaps for a long period.
Posted by Istvan, Monday, 4 July 2011 7:06:34 PM
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