For Australians that invest in their own country it is rather obvious that politicians don't give damn about the future of this country.
One can give example's but why bother,the scam that your PROPERY RIGHTS can be taken from some fruit cake called a judge under the guise of law is a joke.
These judiciary piss heads rob investors and ordinary hard working people,no wonder people don't give a stuff anymore,that's the Rum Corp all over again
Inside Tasmania Inside Tasmania is opposed to a corporate-state dictatorship in Tasmania. Inside Tasmania is protected by international laws and treaties covering free speech and the freedom of journalists. We maintain the right to publish and be damned. [email protected]
WeatherSatellite SarawakReport RedIce Wired FSC Watch Slashdot TAP DemocracyNow FukushimaFAQ Wikileaks TassieLeaks Tasfintalk Gene Ethics ICIJ BlackListedNews Hang The Bankers NewYorkTimes USdebtClock
25 Apr 2014New Forests Buys Gunns Plantations - The Foreign Takover Of Tasmania
New Forests David Brand ECONOMIC COLONIALISM. New Forests, front office for British and Canadian pension funds has bought Gunns Tasmanian tree plantations from New York-based Anchorage Capital for $330 million. Liquidator KordaMentha acted as middleman in the transnational deal. The foreign pension funds must be laughing all the way to the bank after buying yet more tree plantations built with money diverted away from Australian hospitals and roads. Oh well, the Aussies are too pissed and lazy to notice their land disappearing from beneath their feet. The Australian Foreign Investment Revue Board was probably bypassed, so desperate is Australia to prop-up it's fading illusion of prosperity. The jury has gone out and returned with the verdict - 'Australians are too dumb to manage their own country'. A bit player in this foreign takeover of Australian farmland is FSC Australia. They kept Gunns 'controlled wood' permit warehoused for 2 years waiting for one of their cashed-up members to buy the operation. FSC knew Gunns had not managed the plantations for years, but their first responsibility is to the international fund managers and banks who now control huge areas of Australia. Canadian David Brand's New Forests previously used funds from the Alberta Investment Corp (AimCo) to buy collapsed Aussie MIS companies. These Aussie Ponzi schemes avoided paying billions of dollars in tax by legally funding tree plantations. They also ripped-off thousands of Aussie mums and dads. New Forests have deep pockets thanks to secret deals with cashed-up pension funds. Buying cheap assets paid for by dumb Australian taxpayers is just what the transnational fund managers were looking for. Pity Australians were the last to notice their country is now controlled by foreigners.
GNS Price at posting:
0.0¢ Sentiment: None Disclosure: Held