OUR VIEW #6 - Politicalfixit.com
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The bad investor lives in a world where money buys everything and is the fixer of all problems. They tend to view their portfolio as business X, Y, & Z, with little emotional connections and undertsanding of the businesses they are involved in. They generally are reluctant to support growth and invest in the business, they are conservative by nature and would rather an innocent bystander take the risk for them. They are often manipulative, and have a lack of trust in others, they can be decietful by nature and while their presentaion is impecable they cannot be trusted. They lack integrity and see themselves as honest members of the community while hiding behind charitable organisations. They have little regard for the employees, who have helped contribute to their wealth. They can have an instant negative impact on a business, by immediately stripping profits from what was once a thriving owner operated business, they are frustrating owners to work for and impact on all of our lives much more than you would imagine.
Governments have done little to bring these types of investors under control. They squander millions of dollars in funding to these investors, who simply use it to generate wealth for themselves. There is an whole industry that specialise in leeching funds from governments with a self interest to generate wealth.
While you & I can see that there is a clear conflict of interest in a system that allows a consultant who specialise in obtaining R&D government grants, yet is also a director of numerous companies who have been successful in obtaining these grants, it seems our government cannot. Billions of dollars of taxpayers money are wasted each year in grants and handouts which are not used for the intended purpose yet pass government audits, if governments just clamped down in this one area alone it would be anough to fund new hospitals, build new prisons and develop road infrastructure that is seconed to none.
Isn't there a sense of irony in a system that allows banks to lose billions of dollars with investors yet will not loan you and I a dollar without it being over-secured, yet when they go broke it is you & I who bail them how, dont you find that strange. Wouldn't you love to own a business where you could recklessly spend huge sums of money to generate self wealth and be comfortable that the taxpayer will come to the rescue when required.
Who is really running the world, government leaders, corporations or financial institutions?
I guess at this stage you would have to say the answer is financial institutions and corporations.
Governments have done little to bring these types of investors under control. They squander millions of dollars in funding to these investors, who simply use it to generate wealth for themselves. There is an whole industry that specialise in leeching funds from governments with a self interest to generate wealth.
While you & I can see that there is a clear conflict of interest in a system that allows a consultant who specialise in obtaining R&D government grants, yet is also a director of numerous companies who have been successful in obtaining these grants, it seems our government cannot. Billions of dollars of taxpayers money are wasted each year in grants and handouts which are not used for the intended purpose yet pass government audits, if governments just clamped down in this one area alone it would be anough to fund new hospitals, build new prisons and develop road infrastructure that is seconed to none.
Isn't there a sense of irony in a system that allows banks to lose billions of dollars with investors yet will not loan you and I a dollar without it being over-secured, yet when they go broke it is you & I who bail them how, dont you find that strange. Wouldn't you love to own a business where you could recklessly spend huge sums of money to generate self wealth and be comfortable that the taxpayer will come to the rescue when required.
Who is really running the world, government leaders, corporations or financial institutions?
I guess at this stage you would have to say the answer is financial institutions and corporations.
The good & bad investor
Good investors risk much to establish their business, they live and breath their business, they understand their business, they invest and support growth, and respect it’s employees, who have contributed to their wealth. The mind set of these investors is that they ask what they can do to grow the business rather than what can the business do for me. Good investors contribute to society in a much more fulfilling way, if we only had this type of investor world economies would be much more stable.
Skilled migration programme a smokescreen for permanent residency
The Skilled migration programme is a smokescreen to generate a $billion economy to fund universities growth. While the intent of the programme was to fill a shortage in skills such as tradeas and professionals, the reality is that it has become an avenue for many to gain permanent residency in Australia, who simply have no skills.
The majority of these immigrants come from India and China and while many bring qualifications gained in their homeland they cannot gain employment in those fields and inevitably work as labourers such as taxi drivers, cleaners, hospitality which does not satisfy the intent of the programme. Australia continues to be deprived of trade skills such as brickies, plumbers, carpenters, engineers etc yet we are allowing in 100,000's of people who cannot fulfill these requirements - so what is going on?
Just like the insulation programme governments are hopeless at managing the detail of such programmes allowing many parasites to make sqillions of dollars and that is what has occurred. A recent add for a cleaner attracted 700 applicants through seek and the local paper. On screening the apllicants 616 were from indian students whose main aim is residency, 32 were from Chinese students, 20 were from other countries and around 22 were from current residents. On analysing the CV's of many of the applicants it was clear that something was a-miss here, many had no real skills at all, yet had gained permanent residency, and the majority had a poor command of the english language.
The majority of these immigrants come from India and China and while many bring qualifications gained in their homeland they cannot gain employment in those fields and inevitably work as labourers such as taxi drivers, cleaners, hospitality which does not satisfy the intent of the programme. Australia continues to be deprived of trade skills such as brickies, plumbers, carpenters, engineers etc yet we are allowing in 100,000's of people who cannot fulfill these requirements - so what is going on?
Just like the insulation programme governments are hopeless at managing the detail of such programmes allowing many parasites to make sqillions of dollars and that is what has occurred. A recent add for a cleaner attracted 700 applicants through seek and the local paper. On screening the apllicants 616 were from indian students whose main aim is residency, 32 were from Chinese students, 20 were from other countries and around 22 were from current residents. On analysing the CV's of many of the applicants it was clear that something was a-miss here, many had no real skills at all, yet had gained permanent residency, and the majority had a poor command of the english language.
International students are charged around 4-6 times the cost of local students to study in Australia and be classed as an international student. This funds a $billion dollar industry for our universities, who have a vested interest in the programme remaining. The main aim of the students is not education but more permanent residency and the majority end up as un-skilled labour jobs even though the ymay have some form of qualification of which a substantial amount are bogus and cannot be verified. The explosion in migration consultants is another area of concern, parasites who fund there own exisitance by specialising on getting desperate people into the country of choice. The long term repercussions are easy to predict we still have a skills shortage and we have a whole glut of people who have flooded the labour market producing a cheap labour market - a false economy at best which will see many on centrelink benefits due to being un-employable
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