A CURRENCY deal enabling the Australian dollar to be converted directly into Chinese yuan, slashing costs for thousands of businesses, is set to be the centrepiece of Julia Gillard’s mission to China next weekend.
Australia would become the third country, after the US and Japan, to secure such an arrangement from China, which is Australia’s top trading partner, with exports and imports totalling $120 billion last financial year.
At present, companies doing business with China must pay the added cost of converting their Australian dollars into US dollars or yen, and then into yuan.
In an another attempt by the Australian Government to whittle away the freedoms of ordinary Australians, an order spearheaded by Australian Government intelligence agencies to force all Australian telecommunications companies to collect internet data and phone records of all Australians for up to two years has been announced.
Announced in a discussion paper that was released by the Attorney-General’s Department, 40 proposals have been submitted by Australia’s intelligence agencies that are intended to give them more powers to infringe on your privacy.
As discussed in the paper, some of the changes to the Telecommunications (Interception and Access) Act 1979 that have been proposed are:
15 (A): An offence for failure to assist in the decryption of communications (ie.. Fine and prosecute telecommunication companies for not sharing your private information)
15 (C): Tailored data retention periods for up to 2 years for parts of a data set, with specific time frames taking into account agency priorities, and privacy and cost impacts (ie.. All internet data and telephone records must be retained for up to 2 years.
Even more disturbing than the changes proposed to the Telecommunications (Interception and Access) Act 1979, the Australian Government is proposing the following changes to the Intelligence Services Act 2001 .
You are all potential terrorists. It matters not that you live in Britain, the United States, Australia or the Middle East. Citizenship is effectively abolished. Turn on your computer and the US Department of Homeland Security’s National Operations Center may monitor whether you are typing not merely “al-Qaeda,” but “exercise,” “drill,” “wave,” “initiative” and “organization”: all proscribed words. The British government’s announcement that it intends to spy on every email and phone call is old hat. The satellite vacuum cleaner known as Echelon has been doing this for years. What has changed is that a state of permanent war has been launched by the United States and a police state is consuming Western democracy.
What are you going to do about it?
In Britain, on instructions from the CIA, secret courts are to deal with “terror suspects.” Habeas Corpus is dying. The European Court of Human Rights has ruled that five men, including three British citizens, can be extradited to the US even though none except one has been charged with a crime. All have been imprisoned for years under the 2003 US/UK Extradition Treaty which was signed one month after the criminal invasion of Iraq. The European Court had condemned the treaty as likely to lead to “cruel and unusual punishment.” One of the men, Babar Ahmad, was awarded 63,000 pounds compensation for 73 recorded injuries he sustained in the custody of the Metropolitan Police. Sexual abuse, the signature of fascism, was high on the list. Another man is a schizophrenic, who has suffered a complete mental collapse and is in Broadmoor secure hospital; another is a suicide risk. To the Land of the Free they go – along with young Richard O’Dwyer, who faces ten years in shackles and an orange jump suit because he allegedly infringed US copyright on the Internet.
The world’s highest paid head of government is a woman. Australian Prime Minister Julia Gillard will now get a salary higher than what US President Barack Obama and British premier David Cameron take home every year.
CO2 is environmentally friendly and global warming and the carbon hype are a scam. Even IF there would be global warming, then CO2 would have nothing to do with it, because CO2 lags 800 years behind rising temperatures! That is a scientific fact and if you watch ‘An Inconvenient Truth (Lie)’ again, then you will see exactly that relation in Al Gore’s fake hockey stick graph:
And yes, the hockey stick graph is fake and this is so obvious:
And everybody that doesn’t buy this BS invented by the elitists is called a denier!
ONE thing is clear about the carbon tax debate: everything is about to get more expensive – including the Government’s hold on power. There is much argy-bargy about whether or not Julia Gillard’s proposed initial scheme amounts to a tax. Of course it does.
This is the Government’s plan as Ms Gillard has outlined it so far. If this legislation is passed, after negotiations with Greens and independents, Ms Gillard will impose a fixed price on carbon, calculated per tonne of carbon emitted by polluters. That price will take effect on July 1, 2012.
Ultimately, the system will be designed to morph into an emissions trading scheme, where the price of carbon (let’s say it starts at $20 per tonne) is determined by its market value, and everyone can buy and sell carbon permits on that market. So a heavy polluter could buy up permits, thereby allowing it to continue its activities, albeit at a higher cost.
The carbon price will rise or fall like any other tradeable commodity, depending on the level of demand, environmental conditions and the value of other investments such as bonds, currencies and stocks.