a super prophett

big business govt law medicine science and engeneering
has a requirment of an educated work force;;;;

the costs they need pay..for qualified workers..healthy workers..and respectfull neighbourly benificience,,would require their terms be fair,,,,not loot and run

for too long the one percent..has had acces to unlimited booty
the few collecting the bounty..[getting the cream..

they need to pay their way
and the way their way ends

no limited liability
no govt protection deals

fully accountable citisenry
who by unfortuinate prrceedances...
have not paid good care to the lawfull owners

we had kings and lords and ladies
and the peons..[the lawfully kept ignorant peasent...baa
{the great ignorant unwashed..consuming blue collar peasant/wage pig]

well enough no more lords/ladies..[lol kings giovenaer generals...presidents..primeminesters..yes minesters..nor lawyers

you stand condemmed by thy deeds/works..know we thee

its time to pay your way
or go back to go

Wobbles, where do you get $20 per ton from?

Also, are you aware of the risks involved in mining? I am talking on th exploration side.

Are you also aware that prior to the resources boom, it has been suggested that 19 out of 20 mining ventures failed.

Now if royalties were a percentage of the sale price, as they should be, it would mean that governments would be making an absolute fortune right now, due to the prices being fetched,however, as usual, governments, the ones who established the royalties in the first place, were simply to incompitent at the time to allow for such thinking.

Sound familiar!

Let's assume they were set at 5%.

This means coal at $35 per ton (where it was) would return $1.75 per ton to us.

At $130 per ton, we would now be fetching some $6.50 per ton and, we would not be having this debate.

Justbthink, they would even be in a position to have given some of the spoils back to the land owners whom they stole the assett from in the first place. But that's another issue all together, and one that's gaining momentum.

The I wish list!

...A tax by any name is a step closer to Nationalisation. Would our Tony support any activity that creeps into the “pure blue and misty heights” of the Liberal philosophy of “Carte Blanche” Privatisation?

...In view of the carnage of Global Economies, the time is ripe to Nationalise major profit making industries, while the theory of “Privatisation” is on its knees and exposed as the total rort it is!

A family of four is finding it hard living on excess of 150.000 / yr, can you believe that. $ 3,000 / wk + family payments.
If any venture has failed attempts, it is no good in govt hands. Imagine the cat calls, at spending money at failed attempts at making money. That is best left in private hands.

I do find it interesting that so many of you hate the wrong people.

That love to hate figure of old Joh is a perfect example. Now he knew how to get a bob out of the miners.

He let them build the railways they needed to get their coal to port, even smoothed the way for them to gain access through private property. What a con man.

But this was on condition that they gave the whole thing, lock stock, & rolling stock to us, via the Qld government. Great con man.

Then he charged them through the nose to carry their product on those railways. Incredible con man.

Who the hell needs a super tax, when you can make deals like that. As a thoroughgoing socialists he leaves the Labor lot for dead.

Oh, & did you notice what our Labor government did, after employing too many unionists, [sorry public servants] & going broke? Yes that's right, sold the whole thing back to the miners.

Stupidity comes in truck loads at times.

It is a rent.

For eg Westfield charge extra rent based on the profits of stores, This based on the fact Westfield have provided the environment that allows the profit to be made. The shop may make 200 a week in most locations so by being in Westfield they make $2000 a week, it is not their doing, it is Westfield that have provided the possibility of making an extra 1800 a week so will want half.

Miners did not provide the Pilbara for eg, it was there for them plus an environment that provides excellent investment options having low sovereign risk reducing interest rates. Also we provide workers and imigration to screen employees and overall are one of the most productive.

Plus it does not reduce profit, it shares it. So if I was investing 400,000 I would buy 1 full mine or 1/2 mine does not mean I get any less return on my investment. Same if you bought a house for $200,000 or went halves in one for $400,000.If houses go up 30% you still get 30%.

Same same same. Except if someone already owns a hosue for $400,000 and you say you want half the profit they may want some compensation for what they have already impoved on like a new kitchen etc and that was what the upset was over. Starting from scratch makes no difference to the investor, just a a partnership really.