Sharedawealth. Foreign Investment is Good. Only if it is on a...

Sharedawealth.

Foreign Investment is Good.

Only if it is on a level playing field.

But when you get the most Populace Nation in the World
Holding Imports back on purpose, because they Stockpiled
earliear, and then holding us to Ransom, Countries like
ourselves dont stand a chance.
When Negotiations come up for renewal for all Comms,
they hold all the Aces, and the proof is in the pudding
look at what is going on with RIO,FMG, OZ Minerals,
BHP. and numerous other companies.

On their form so far, They Run With The FOX & HUNT with
the HOUNDS (so to speak).
They are screwing the above Companies, and want every
Assett they can get for a Pittance, ok business is
business, but their business is not FAIR, the reason
being the Chinese goverment is making sure that the
Companies which they partly own & privately owned, do
what they say, otherwise the GOV wont sign off on it.

I will give you another example, Chinese Co Xinwen
Mining Group signed a, Memorandom Of Understanding, that
they would purchase Linc Energy`s Emerald Tenements in
Queensland, for $1.5 Billion (COAL) last November and
are hanging Linc up by their Nuts, the deal was to allow
Linc to build it`s Coal to Liquids Plant in Sth Aust.
A state of the art Process when Processed, the Diesel
is Sulphur Free so no pollutants, and Australia could
have produced all our requirements in this Product.
We are at the Begginning of March. and still no Deal.

(BY the way Linc had to keep proving them Tenements up
under that MOU, and by doing so increased the resource
by another 200 Million tonne of Coal,at Lincs expense)


So by my statements Deals with the Chinese are only one
way.

Another Problem we will have, if we allow the Chinese
to grab all our companies for a $ we will be under their
thumb, and the next thing you will see , they will
demand that their workforce mine these res at the Aust
workforces Expense, and drive AUST WAGES DOWN.

We already have a problem with the Guest workforce at
the moment, in that they cant be sent home, my brother
inlaw works in Q`Land and has told me all the chinese
working up there can not be sent home even with our
Unemployment rising, the reason being little johnny
howard signed them to contracts, for three to five years
even if we did send them home we would have to pay
their contracts out, no clause in the contracts, howard
stupid, the same thing is happening in the Goulburn V
in Vic, a mate was down 2 weeks ago and informed me.

So guest workers no matter who they are, get Pride &
place over Aussie Workers.

A bigger problem the World has is the price of the
Chinese YUANG, with the Chinese not willing to float
that currency, no other country has a chance to compete
They have TRILLIONS in surplus and they still wont play
Fair, if they do not start spending and investing at a
Fair price the world Economy has no chance of Survival.

I remember 1 of our Prime Ministers years ago, cant
recall the name)We had problem with the Japanese not
wanting to pay a fair price for our comm, so he said
bugger you people we will close all our mines, and you
will have nothing to work with, they soon changed their
tune.

So as long as the playing field is fair I have not a
problem.

Also I must state all guest workers are protected at
the expense of Aussie Workers.
And I am not a RACIST.

Simmo.
DYOR.