The Federalist: Korea secretly buys Australia

Saturday, July 21, 2012

Korea secretly buys Australia

Australian Farmer Jamie Bowman with son Hunter working on their property Bowgundee near Harden NSW

The Road to Serfdom Series
South Korea secretly buys 800,000 hectacres of Australian farmland.

Australia is to become a food colony of Korea and other nations.
Australian farmers will go from owners of their own farm to Serf hourly workers of foreign Masters.

FOREIGN countries are secretly buying up large chunks of Australian farmland by establishing shelf companies, trust funds, and extended settlements to avoid scrutiny.

More than 800,000 hectacres of prime and fertile land, from Moree in the north to Deniliquin in the south, is foreign owned, with South Korea's Ho Myoung Farm company the largest stakeholder with 500,000 hectacres.

According to the latest figures from PRD nationwide Research, Korea's investment has almost doubled in the past six months, while Switzerland ranks third with 74,448 ha of crop and livestock properties scattered throughout NSW.

In a special investigation, The Sunday Telegraph reveals that overseas ownership was likely to be much greater but "complex business structures were hiding the true picture".

"People are being very secretive, they are negotiating settlement over a year so no one finds out and agents are advised to keep a low profile," said PRDnationwide research analyst Oded Reuveni-Etzioni.

He said big jumps in Korean and Qatari land holds reflected the protracted settlements that were taking place, but most farm purchases escaped scrutiny of the Foreign Investment Review Board (FIRB). Under current legislation, only purchases of agricultural land over $244 million trigger a review and as most farms in NSW sell for between $500,000 to $10 million, few attract scrutiny.

Bought by secret agents

STAY-PUT farmer Jamie Bowman said it is the "secrecy" of the foreign land buy-up that concerns him most.

A livestock and crop farmer from Harden, Bowman, 35, said in the past two years he had knocked back big cash offers from agents acting for "mystery" buyers. "When I quiz them about who is behind the bids, they just won't say ... it's always very hush-hush. "But word gets around and we know it's not just the American buyers, but also Qatar and I think just out of decency they should disclose who they are," said the father-of-two.

"I don't like the secrecy."

"We've been here six generations, so we're not going anywhere. I'm not so worried about super funds investing, but when you're talking food security, it's a worry for the nation."

Nearby farmer Mick Townsend, 65, was one of several to sell. He recently sold his 400ha grain farm to Hassad Food, which is owned by the Qatar sovereign wealth fund, via an agent.

"Their plan is for food security for the folk back home in Qatar," he said.
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(www.news.com.au)

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Dongyi Hua would prefer to be in farming in Australia

Chinese mining executive would rather invest in Australia's agriculture to meet China's food demand

The Chinese have little interest in simply buying Australian products. They want to own the land itself.

The head of a $7 billion Chinese mining project in the Pilbara says Australia has a golden opportunity to meet China's soaring demand for high-quality food and he would prefer to invest in agriculture rather than iron ore, given the risk of falling prices for the steelmaking ingredient.

Citic Pacific Mining executive chairman Dongyi Hua told Julia Gillard and Perth business leaders yesterday that soaring demand for Australian food, particularly beef, among China's 100 million wealthy people could buffer Australia's economy from the effects of an end to the mining boom.

"Those top people, they never care about the price," Dr Hua told an In The Zone business roundtable in Perth sponsored by The Australian.

"If it's $15 or $50 a kilo (for Australian beef), they are willing to accept it." (farmlandgrab.org)

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The Road to Serfdom Series

The world is moving toward a modern form of Neo-Serfdom where everyone works for the all-powerful State or businesses controlled by the State. A world where individual property rights and economic freedom do not exist.

FREEDOM IS VANISHING: What happens when the major employers are owned by government backed investment groups, or your food comes from government owned farms, or your news is delivered by so-called "private" corporations but are in reality connected and interconnected to governments?

George Orwell had a name for it: Big Brother.

Please check out other stories in our Serfdom series.

THE FEDERALIST - "Australia and Africa become Arab Food Colonies."

THE FEDERALIST - "China buys Australia (For Cheap Too)"

THE FEDERALIST - "The Chinese conquest of Africa"

THE FEDERALIST - "China buys New Zealand - The Road to Serfdom, Part XVII"

THE FEDERALIST - "Arab Food Colonies in Black Africa."

THE FEDERALIST - "Chinese colonization of New Zealand blocked."

THE FEDERALIST - "Chinese "Slavery" in Africa - The Road to Serfdom, Part XIV."

THE FEDERALIST - "Argentina fights Saudi Land Grab."

THE FEDERALIST - "LAND GRAB: 160,000 people thrown off their land."

THE FEDERALIST - "China is buying up Argentina."

THE FEDERALIST - "Corporations use Global Warming to steal land."

THE FEDERALIST - "China wants to buy a huge chunk of Iceland"

THE FEDERALIST - "China to buy up Australian farmland"

THE FEDERALIST - "Brazil takes action to protect their farmlands from foreigners"

THE FEDERALIST - "Saudi Arabian "Food Colonies" in Argentina"

THE FEDERALIST - "China buys oil fields in Texas"

THE FEDERALIST - "America is committing suicide - The Road to Serfdom, Part IV"

THE FEDERALIST - "The Road to Serfdom, Part III"

THE FEDERALIST - "Benito Mussolini was right"

THE FEDERALIST - "The Road to Serfdom, Part II"

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Thomas Pinckney, Federalist

Commissioned as captain in the 1st South Carolina Regiment of the Continental Army. After seeing much action, he became an aide-de-camp to General Horatio Gates. He was captured by the British at the disastrous Battle of Camden in 1780. After recovering from his wounds, he was released in a prisoner exchange. In 1781 he fought under Lafayette in Virginia. Appointed by President George Washington to be the U.S. minister to Great Britain served as Envoy Extraordinary to Spain. The Federalist Party made him a candidate in the 1796 presidential election as the intended running-mate of John Adams. Served as Congressman and Governor of South Carolina. Served as a major general in the Army during the War of 1812.

Henry Lee III, Federalist

Major General "Light-Horse Harry" Lee fought at the battles of Paulus Hook, Guilford Court House, Eutaw Springs, Yorktown and the Whiskey Rebellion. Federalist Congressman from Virginia, Governor of Virginia. Father of Robert E. Lee. In 1812 Lee was attacked by a Jeffersonian mob of Democratic-Republicans while defending a Federalist newspaper from attack. Lee and the other Federalists were beaten and tortured by the mob over the next three hours. Lee was left partially blinded after hot wax was poured into his eyes. The men were left for dead. All were severely injured, and one Federalist, General James Lingan, died.

Frederick Frelinghuysen, Federalist

In the War of Independence he served in the New Jersey militia as an artillery captain, seeing action at Trenton and Monmouth. Attained the rank of colonel. Member of the Continental Congress. Served in the New Jersey General Assembly. Member of the New Jersey convention that ratified the United States Constitution in 1787. President George Washington appointed him as brigadier general in the United States Army for the 1790 campaign against the western Indians. Commissioned major general in the New Jersey militia in 1794, during the Whiskey Rebellion. Elected to the United States Senate.

Stephen Van Rensselaer, Federalist

Van Rensselaer served in the New York Assembly and Senate. He served as the Federalist Lt. Governor under John Jay. In 1786, Van Rensselaer was made a major of the militia. As a Major General in the War of 1812 he led an army in an invasion of Canada and fought at the Battle of Queenston Heights. In 1813 Van Rensselaer was the Federalist candidate for Governor of New York earning 48% of the vote. A shift of only 1,800 votes would have made him Governor. In 1822 he was elected to Congress as a Federalist serving until 1829.

WILLIAM PATERSON, Federalist

James Hillhouse, Federalist

Hillhouse served as captain in Governor's Foot Guards in the Revolutionary War. He was a member of the Connecticut House of Representatives, Congressman from Connecticut at-large, 1791–96, and a Federalist Party U. S. Senator from Connecticut, 1796–1810. He was the anti-slavery leader of the Congress in the early days of the Republic. After the Louisiana Purchase of 1803, Hillhouse fought to bar the importation of slaves into the Louisiana Territory. "I consider slavery as a serious evil," he proclaimed, "and wish to check it wherever I have authority." Two of Hillhouse's amendments restricting slavery passed the Congress and were signed into law.

Oliver Ellsworth, Federalist

In 1777 he was chosen as one of Connecticut's representatives in the Continental Congress. Served at the Constitutional Convention in Philadelphia as a delegate from Connecticut. On June 20, 1787 he proposed the use of the name the United States to identify the nation under the authority of the Constitution. United States Senator from Connecticut. Ellsworth was the principal exponent in the Senate of Alexander Hamilton's economic program. In 1796 Ellsworth was appointed by President George Washington to be Chief Justice of the United States. Served as United States Envoy Extraordinary to the Court of France. Ellsworth was a candidate in the 1796 United States Presidential election, receiving eleven votes in the electoral college.

Robert Goodloe Harper, Federalist

At the age of fifteen, Harper joined a volunteer corps of Cavalry and served in the American Revolutionary Army. Harper was elected as a Federalist Congressman from South Carolina (1795 - 1801). In 1798 at a dinner in Philadelphia honoring John Marshall, a group of U.S. Congressmen were discussing a recent demand made by the government of France. French vessels had been plundering US ships in a piratical manner. French foreign minister Talleyrand said the attacks would be stopped if the US paid him $250,000 and gave France 50,000 pounds sterling and a $100 million loan. As toasts were made, Harper sent his own defiant reply to the French with this toast: “Millions for defense but not one cent for tribute.” Harper served in the War of 1812, attaining the rank of major general. He moved to Maryland and was elected as a Federalist to the US Senate. He was an unsuccessful Federalist candidate for Vice President in the 1816 election. He also received one electoral vote for Vice President in the 1820 election.

Jacob Read, Federalist

Alexander Contee Hanson, Federalist

Member of the Maryland House of Delegates. Editor of the "Federal Republican", a Federalist Party newspaper in Baltimore. Four days after the beginning of the War of 1812 a mob of pro-war Democrat-Republicans destroyed his newspaper office. The paper moved to another building where Hanson was joined by a group of armed allies. When that building was besieged by another mob, Hanson and his group fired, killing two. Hanson and his group surrendered to the militia and were escorted to jail. That evening yet another mob stormed the jail. Hanson was beaten and left for dead. Hanson was elected as a Federalist to Congress in 1812 and 1814. In 1816 he was elected as a Federalist to represent Maryland in the U.S. Senate until his death in 1819 at the age of 33.

William Bingham, Federalist

As a merchant he brought full loads of munitions & guns for the war. Served as a diplomat for Congress to France. Bingham marshaled the Second Troop of Philadelphia Light Horse. He served in the Continental Congress, 1st Speaker of the Pennsylvania House of Representatives, State Senator, and US Senator. Federalists agreed to hold preliminary votings at the Bingham Estate before propositions were brought before Congress publicly, thus creating unanimity among party lines. Alexander Hamilton sought Bingham as his mentor in managing taxes, tariffs, and in constructing a national bank.

Ezekiel Whitman, Federalist

Whitman practiced law in New Gloucester, Maine and in Portland, Maine (both communities a district of Massachusetts until 1820). In 1808 Whitman was elected as a Federalist Congressman from Massachusetts and served one term. In 1816 he was again elected as a Federalist to the US House serving from 1817 to 1821. In 1819 he was a delegate to the convention that prepared the constitution which led to Maine's statehood. In 1820 he was elected as a Federalist Congressman from the new state of Maine serving until 1822. Chief Justice of the Maine Supreme Court from 1841 to 1848.

David Cobb, Federalist

Cobb studied medicine in Boston and practiced in Taunton, Massachusetts. He was a member of the Massachusetts Provincial Congress in 1775; lieutenant colonel of Jackson’s regiment in 1777 and 1778, serving in Rhode Island and New Jersey; was aide-de-camp on the staff of General George Washington; appointed major general of militia in 1786. Fought in the New York and New Jersey Campaign, the Battles of Springfield, Monmouth, Rhode Island and Shay's Rebellion. He served the Federalist Party as Lt. Governor of Massachusetts, President of the State Senate and Congressman.

Josiah Parker, Federalist

In 1775 Parker enlisted in the Continental Army. He was commissioned a major in the 5th Virginia Regiment in 1776 and became its colonel in 1778. His regiment served in Virginia under General Charles Lee and was transferred to George Washington. The regiment thereafter saw action at the Battles of Trenton, Princeton, Brandywine, Germantown, Monmouth and the Siege of Charleston. During Cornwallis's Virginia campaign in 1781, the notorious Colonel Tarleton ransacked his home. He was elected to the First US Congress from Virginia serving for twelve years.

William Stephens Smith, Federalist

Smith married Abigail "Nabby" Adams, the daughter of President John Adams, and so was a brother-in-law of President John Quincy Adams, and an uncle of Charles Francis Adams. Served in the Revolutionary Army as aide-de-camp to General John Sullivan. Fought in the Battle of Long Island, was wounded at Harlem Heights, Battle of White Plains, was promoted to lieutenant colonel at the Battle of Trenton, fought at the Battle of Monmouth and Newport. He was on the staff of General Lafayette, became an adjutant in the Corps of Light Infantry, then transferred to the staff of George Washington. Elected as a Federalist Congressman from New York.

Oliver Wolcott, Jr., Federalist

John Rutledge, Jr., Federalist

Rutledge served as Congressman from South Carolina. A passionate Federalist, he supported Aaron Burr against Jefferson, founding the Charleston Courier (predecessor of the Post and Courier) to support his causes. Joining the South Carolina Militia in 1799, Rutledge served as commander of the Twenty-eighth Regiment in the War of 1812. He subsequently commanded the Seventh Brigade from 1816 until his death. Rutledge's life was fraught with controversy. Catching his wife (mother to his nine children) in a "clandestine visit" with Dr. Horace Senter, Rutledge challenged him to a duel, fatally wounding the doctor.

John Sergeant, Federalist

Member of the Pennsylvania state house of representatives 1808-1810; elected as a Federalist to Congress and served from 1815, to 1823. Sergeant was a strong backer of Henry Clay's American System and the Second Bank of the United States, and even traveled to Europe to negotiate loans to the Bank. He was a strong opponent of slavery who voted against the Missouri Compromise. In 1826 he was an envoy to the Panama Congress. Elected to Congress as an Adams candidate 1827 to 1829. Failing re-election he became legal counsel to the Bank of the United States. Sergeant was the Vice Presidential running mate in Henry Clay's campaign on the National Republican ticket in 1832. Elected as a Whig to Congress serving from 1837 to 1841.

John Laurance, Federalist

Philip Barton Key, Federalist

Key had been a Loyalist in the American Revolution. He served in the Maryland Loyalists Battalion as a captain. Key fought with the British Army from 1777 to 1781, until he was captured by the Spanish in Pensacola, Florida with the rest of his battalion. After the war he served as Mayor of Annapolis & member of the Maryland House of Delegates. Appointed a Federal Judge by John Adams. He was a Counsel to Justice Samuel Chase during Chase's Jefferson ordered impeachment show-trial in 1805. Elected as a Federalist to Congress from Maryland (1807 - 1813). Francis Scott Key was his nephew.