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Tuesday 4th February 1997

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Issues - The banking system under the spotlight.

International:

Appears that author of the prize winning book "The Hand that Signed the Paper", Helen Darville Demidenko is headed for controversy again. The award came under ridicule when it became apparent that the author was not a Ukranian and had not been a "survivor of the Ukranian holocaust" as claimed.

Darville is in the hot seat for allegedly breaching copyright by apparently plagiarising a copyright article from the Internet authored by Professor Anspach. The Darville article appeared in last Saturday's Courier Mail and was entitled "When I am an Evil Overlord".

It was a very tired and dejected Alan Bond who yesterday pleaded guilty to fraud offences committed in the Au$1 billion Bell Resources swindle. Bond's counsel, Mr Ian Callinan QC, said that Bond was "hugely remorseful" and apologised to Bell Resource shareholders who had lost money in the nation's biggest fraud.

Bond is already serving a three year jail sentence to which another ten years could now be added. A big downfall from the heady days in 1983 when he won the America's Cup and a ripple of this day in 1988 when Australia lost the America's Cup to Amercian sailor Dennis Connor at the port of Fremantle in Western Australia.

Bond sat imassively in the dock clutching a copy of Mario Puzo's novel, The Last Don, while new wife Diana Bliss and his children from his previous marriage to Eileen, John, Craig and Jody sat in the front row of the gallery.

In Bond's defence Ian Callinan said, it would be "crushing" to impose a further burden on Bond, as the deterrent value would have little or no significance given it was unthinkable that he would offend again.

The hearing continues today.

Political:

Prime Minister John Howard's agreement with the forestry industry in Victoria's East Gippsland has outraged the greens.

Howard has said that the agreement will give the forestry industry greater certainty of access to timber, create 400 new jobs and provide a Au$140 million boost to the Australian economy.

Howard and Victorian Premier Jeff Kennett signed the 20 year agreement in Melbourne yesterday four years after a national forestry plan was mooted by the former Keating government. The agreement covers nearly 1.2 million hectares - defining native forest areas protected from or available to be logged.

At least 60% of old growth forests and 90% of wilderness areas are protected from logging.

The Democrats spokesperson, Senator Meg Lees said, "This agreement ensures 19 football fields worth of forest a day will continue to be cleared in East Gippland and more than 100,000 species a year will be affected by logging.

Now let's just wait for the native title claims to start rushing in on the backs of eager native title legal specialists.....

You say:

Subject: McJoke

Hi Scott,

How could McDonalds provide any form of worthwhile education?!?! As a restaurant producing mass-produced food, it relies on technology to do all of the value-adding work. What could young kiddies gain from that, other than knowing how to press the right button and not sneezing on the chips?

Kemp's suggestion seems to fit right into the notion that we are now valued by governments as consumers (note the state govt.'s adoration of gambling casinos) rather than citizens.

Given that the federal govt. seems to be going out of its way to make a university-based education inaccessible for those who cannot afford the fees, traineeships must be quite appropriate for those supposed lower achievers, and lower income earners - most of them probably aren't traditional true blue-rinse Liberal voters anyway. Thus naturally McDonalds would the perfect workplace environment in which:

Ye gods!

All the best, and I hope everything is going well.

Matt H.


Subject: re report on human rights

It's a pity that these bleeding heart do-gooders from across the waves don't bother to spend some time in this country to find out what the situation really is before they make their report. If they did, they might find the truth.

And the truth is:

  1. There are more Aboriginals per head of population than whites in Australian jailes simply because, per head of population, they commit more crimes.
  2. They have a shorter life expectancy because of the effects of alcohol.
  3. They have a higher rate of unemployment simply because they don't work. Why should they. The government gives them everything they want.
  4. Aboriginals die in custody simply because they commit suicide. No white man kills them, they do it themselves.
  5. To say that they have poor or little access to health services is just not true. I have a doctor friend who collects sixty thousand per year to see to the medical needs of a group of Aboriginals. He hasn't had an Aboriginal patient in over two years.
I would suggest that these so-called experts take a look at their own backyard. One does not have to go far from LA International Airport to see how African Americans are treated. Go to the first museum you find and look at the history (both past and recent) of the treatment of American Indians. We even had to put up with their President coming here and lecturing to us on immigration. This from a country which, in it's next green card lottery, will reject applications from most Asian countries including China and Vietnam. All I can say is
****GO TO HELL***
If you feel as strongly about this as I do, E-Mail the President of the USA.

Jason

Business:

Word of warning to Malaysians following the win by National Australia Bank Limited to establish a bank there. Check out the web site The Banking Industry under the Spotlight..... The National Australia Bank is spreading its wings into Asia - flush with the cash soaked from battling Australian home owners paying interest rates way out of whack with current interest trends in Australia.

The announcement by the bank follows successful applications to acquire banking licences in both Thailand and Taiwan.

Mr Bob Prowse, National Australia Bank's general manager, US and Asia, is quoted as saying, "Malaysia is an important market for National Australia Bank.

"A growing number of our business customers around the world, including group customers in other parts of Asia, participate in trade and investment flows with Malaysia."

Sport:

The West Indies slaughtered Australia in the fifth test yesterday knocking Australia over for just 194 runs and then taking just 10 overs, without loss, to knock up the 57 runs required to win the game.

Australia won the five match series 3 - 2.

Once again captain Mark Taylor failed dismally at the crease yesterday - at a time when Australia most needed him to perform. The Australian cricket captain was bundled out for 1 run. In 17 innings this season Taylor has managed just 153 runs with a top score of 43.... really not good enough.

Taylor has already been selected to captain the team touring South Africa later this month - so one can only hope that the poor form that he has been showing faces a dramatic turnaround.

Global Gripe of the day:

Environmental Vandals...

Follow up from my Global Gripe of the Day yesterday.

The police did interview the drivers of the vehicles who claimed that they had permission from the owners of the land to be there. I took the bull by the horns and contacted the owners who said no such permission had been given and that they would be contacting the police regarding the matter.

Personal trivia, from the global office:

Beautiful day outside. Cooler overnight. Heckel and Jeckel and family (now 8 long-billed correllas) are feasting at the feed table outside the global office. There are some really savage family arguements going on with the pecking order becoming very apparent within the group. A game of "king of the castle" is played with the feed table being the castle and the seed scattered by the parrots far and wide below being the nourishment for the lower minions in the group.


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