News 
 Opinion 
 Letters to the Editor 
 General 
 Interests of citizens must be paramount 

Interests of citizens must be paramount

5/09/2008 10:08:00 AM
THE fact companies such as BHP are multinational corporations with a shareholding consisting mainly of citizens of Great Britain and South Africa and other people alien to Australia is not important in the context of the Liverpool Plains, but it sure explains just how much authority the Federal Parliament has when it comes to protecting the citizens of Australia.

The Australian foreign debt is now above $1 trillion, yet when you read many articles and comments, many of those contributors do not understand why it is growing, and why it will keep growing before Kevin07 becomes Kevin10.

Kevin07 and his band of merry men and women will explain how our current account deficit will, with the introduction of their measures, move into credit and reduce our foreign debt. Of course, as things stand now, that foreign debt cannot ever be repaid.

If companies such as BHP, RIO, and the Chinese government etc, were excluded from mining coal and minerals then we would see those foreign debts being recalled. As we now know, these companies pay little, or no, income tax, while very little of the wealth owned by the Australian community actually stays in Australia.

The important point in relation to the Liverpool Plains is this: Do the citizens of Australia own the land they believe is clearly held in freehold title? What rights does freehold title give to the landholder?

The answer to that is absolutely none. BHP will enter your land because the law says that they can, it is that simple.

The Hunter Valley, of course, will not be bereft of improvements after the miners move on, no; those citizens will still have their Subsidence Board to oversee planning, development and nostalgia.

Until we elect a government that places the Australian citizen above multinational corporations, and protects them from the voracious foreign company, and banks, then we are all subject to invasion and disruption from those who did not spend one red cent on improving the place we call ours.

Neil Forscutt

WILLOW TREE

Print
Increase Text Size
Decrease Text Size

Comments


No comments yet. Be the first to comment below.

Post A Comment


Screen name  *
Email address  *
Remember me?
Comment  *
We invite and encourage our readers to post comments. Comments are moderated and will appear as soon as our editor has approved them. When posting comments you agree to be bound by our Terms and Conditions.

28/11/2008 | The fiendish outrage in Mumbai this week will not dent India’s resilience one bit.
Yourguide to Your Toyota
Place Your Classified Online - Click Here
 SEND...
 SAVE...
 SHARE...