of The Stock Journal
Mr Tony Mahar’s support for Foreign Ownership (Stock Journal 25/8/16) is a view unfortunately held by some senior politicians and businessmen.  It is particularly unfortunate in Mr Mahar’s case since he heads the National Farmers’ Federation, an organisation with rank and file members expecting their leaders to promote, protect and nurture their industry and assets.

Around the world, most countries either severely restrict or even prohibit the sale of farmland to foreigners.  The Japanese economy has been declining for twenty years and yet I would not be able to buy any of their land. So why is Australia needing to assist the economy by eagerly displaying the “For Sale” sign?

According to the MSRI website: Children’s Medical Safety Research Institute, August 30, 2016, the shingles vaccine, Zostamax, has two FDA-approved changes to its warning label: “The first was in August 2014, when, in addition to potentially causing chickenpox, another side effect was added: shingles! …
The vaccine that had been – and continues to be – aggressively marketed to prevent seniors from contracting this excruciating condition was found to actually cause shingles in some individuals.”

In February 2016 the FDA approved another label change to warn of another potential side effect: the eye disorder of necrotizing retinitis, which inflames and scars eye tissue and unless promptly treated can lead to permanent vision loss.

“If you don’t like this country’s values, and think of another place as your country, then go back there!”
Strong words indeed. But before professional ethnics reach for their magic section 18 C ultimate nullifier weapon, consider that these words are a quote from John Hu, a Chinese Australian and founder of the Embracing Australian Values Alliance. (The Australian, September 5, 2016, p.2)
Have ye of the multicult released the cock on your hair trigger section 18 C gun yet?

John Hu may be just the man this torn and bleeding country needs, too. He will be able to challenge things that Anglo critics have difficulties doing because of the political weapon of section 18 C. He has criticised political donations, noting that in the case of Chinese political donations, “they may donate on behalf of the Chinese government to influence Australian politics, to penetrate and control positions, for example, on the South China Sea – and some of the money may actually be coming from China. In China, business and government work extremely closely.”

How do the bits and pieces fit together? Why is it that the principles of the Marxists, best seen on university campuses, and the global financial elite so perfectly coincide? Both support open borders, one on grounds of “anti-racism,” the other on grounds of profit maximization. Everything the Leftoids do, such as seeking diversity, smashing the traditional family, and creating a Balkanised population, enslaved to a usurious debt economy, benefits the financial elite.

One would have thought that Marxist would be opposed to such an elite, above all else. Yet, their fanatical, insane, mouth-foaming anti-racist mania prevails over all else.
So, the Left must be no more than useful idiots doing, consciously, or unconsciously, the bidding of their financial masters.
Children, beware! Take even one step upon the collectivist road and you will be lost in a realm of ice and darkness.

An increasing amount of the food – including vegetables – at the supermarket, now comes from China. This shows the madness of globalisation, where Australian-grown produce must compete with the always cheaper Chinese imports.
Who dares ask: why should there be this competition in the first place? If an answer is given by the Dark Lords of Commerce, it usually goes along the happy capitalist lines of promoting individual choice. It is truly amazing how when socially harmful doctrines are critiqued, the elite always go back to “individualism” or “diversity.”

Peter Navarro and Greg Autry, Death by China (Pearson Education, New Jersey, 2011), present a full-scale assault on this free trade mythology. The book covers a lot of ground, but for the purposes of this note, is a good source on the dangers of imported Chinese food “infused with all manner of banned antibiotics, putrefying bacteria, heavy metals, or illegal pesticides.” (p.1)

What a sick joke the whole submarine saga has been. Although the leak of top secret information about India’s 6 Scorpene submarines, worth $ US 3 billion, has been denied to have any impact upon Australia’s submarine program, the same French shipbuilder, DCNS, is involved. The leaked information could lead to India’s subs being, well, dead in the water, as the 22,000-page leak gives away enough information to neutralise these subs. And if this security breach could happen once, who’s to say that it won’t happen again, leading to Australia’s subs going down the gurgler.

http://newsweekly.com.au/article.php?id=57411

A perfect storm has hit the dairy industry – deregulation of dairy and water, falling export prices, drought, the Murray-Darling Basin Plan, duopoly supermarket price wars, debt and issues of corporate governance.
In Victoria, a rural tragedy is unfolding as herds of cattle are going from dairy farms to saleyards to abattoirs.
While nature and global markets are beyond the control of farmers and processors, some of the factors behind the crisis are man made, and similar problems are facing other industries across the Murray-Darling Basin.

Read further: http://newsweekly.com.au/article.php?id=57411

The news that Australian gas is cheaper in Japan than it is for Australian consumers comes as no surprise to older readers of On Target.

The June 17, 1977 edition of OT reported:

MORE SUBSIDIES FOR SOVIET CONSUMERS

"Murray Goulburn Co-operative Co. Ltd. of Victoria, manufacturer and marketer of dairy produce for more than 6000 Victorian and southern NSW dairy farmers, announced last week a huge sale of butter and full cream milk powder, worth almost $50 million, to the Soviet Union and Venezuela". The Australian, 27/5/77

The information which one can obtain from your local member can be instructive. One of our supporters wrote to his local member asking about recent cuts to dairy prices and potential assistance to the industry. The letter, in part, said:
“I referred specifically to the World Trade Organisation (WTO) Agreement on Subsidies and Countervailing Measures (Articles 3 and 5) and the WTO Agreement on Agriculture (Article 13 and Annex 2).
These agreements prohibit governments from providing subsidies or direct assistance to businesses which can then influence the export performance of a product, or preference domestic over imported products.”

So, a 50 c/L levy on milk, that would save our local dairy farmers, would breach these agreements. But, other nations only give a nodding glance at these agreements, which are basically only for the West to hold to, so both hands are tied behind our backs. It does not take long surfing the net to find vast literature on Chinese protectionism of industry and agriculture. Even Obama accused China of protecting its car industry, contrary to WTO dictates. Indeed, much industry in China is based on the communist state-run enterprises, so there is not even a sharp distinction between public and private, which is presupposed by the WTO documents.
These WTO Trade Agreements and other agreements such as the TPP are a recipe for Australian economic suicide.

Perhaps I am just being my optimistic self, but I observe just a little bit more caution from some of the leading journalists at The Australian, especially over the Chinese bid for the NSW electricity network – a sale which is still potentially open to the Chinese as attempts are made to jump over security concerns. (The Australian, August 19, 2016, p. 2) Of course, Asianisation first; security second.

This sale is of an asset and is not an investment which builds a new business. Thus, the Reserve Bank governor, Glenn Stevens (The Australian, August 17, 2016, p. 1), has recently warned against this sort of foreign investment, which is pushing up the value of the Australian dollar.
Stevens said: “Foreign capital that builds new assets – like some of the capital that funded the mining boom – that’s one thing. Foreign capital that buys up the existing assets, I’m not saying that we should be closed to that, but that’s not creating new capital for the country. That’s just altering the allocation of who owns the capital that’s here now".