Mary is the proprietor of a bar in Dublin. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar.
To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).
Word gets around about Mary’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Mary’s bar. Soon she has the largest sales volume for any bar in Dublin.
By providing her customers freedom from immediate payment demands, Mary gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Mary’s gross sales volume increases massively. A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Mary’s borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.
At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS, ALKIBONDS and PUKEBONDS. These securities are then bundled and traded on international security markets. Naive investors don’t really understand that the securities being sold to them as AAA secured bonds are really the debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb, and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.
One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Mary’s bar. He so informs Mary.
Mary then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts. Since Mary cannot fulfill her loan obligations she is forced into bankruptcy. The bar closes and the eleven employees lose their jobs.
Overnight, DRINKBONDS, ALKIBONDS and PUKEBONDS drop in price by 90%. The collapsed bond asset value destroys the banks’ liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.
The suppliers of Mary’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the various BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds. Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.
Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multi-billion euro no-strings attached cash infusion from their cronies in Government. The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Mary’s bar.
Now, do you understand economics in 2015?
NZ has an outlet – Australia is these trafficked migrant’s end destination.
86% of foreign migrant arrivals in NZ who are given the NZ passport stamp then enter Australia & it’s a 90% one way flow.
As Winston Peters said “NZ only sells 2 things, milk powder to the Chinese & passport entry stamps to Australia to the third world”. Peters even offered to apologize to Australia for the migrant trafficking trade.
Of course Peters is now in power, and as NZ foreign minister he has done nothing about it.
Because the NZ government want the trans Tasman trafficking & Australia as their outlet to continue.
So NZ can shed their migrant intake mistakes & social burden into Australia and its then Australia’s problem.
We have 687,000 NZ Special Category Visa holders in Australia.
Of these 259,000 or 37% are non NZ born, usually Asian or Indian and very low grade, most would not be able to directly enter Australia. (Why they go via NZ).
The rest of the non NZ born are typically African, Middle Eastern, South American or Eurotrash, often having been in Australia & exited or refused Australian visas so they go via the NZ back door.
NZ is notoriously easy to get into, as easily defrauded as Australia in fake doc, fake health checks, child bridges, fake family & partners, fake courses, fake pretext.
The actual number of genuine NZ born in Australia is declining as the wave or arrivals in the 1980’s go back.
When was the last time you met or even heard the dulcet tones & mangled vowels of a new genuine NZ born arrival? As rare as a kiwi in the bush.
The simple fix is that the NZ / Aust SCV should be restricted to only Australia or New Zealand Born.
All non NZ Born SCV (the trafficked Asians & Indians via the NZ back door) in Australia should be placed on a Non NZ born Sub class visa & have all work rights or benefits removed. They would have to return to NZ & the migrant trafficking trade into NZ would halt overnight.
These 259,000 non NZ born SCV in Australia are just 9% of the overall migrant trafficking problem we have.
We have 2.8 million migrant guest-workers in Australia.
Most are adult. Most are of third world origin.
China, India, Nepal, Bangladesh, Northern & South East Asia, Middle East & African.
Mostly are unskilled. Trafficked in by foreign agent procurers, invariably in loan debt, on some form of visa pretext as the article outlines.
Invariably defrauded, invariably criminal, each wave of migrant guest workers then criminally facilitating the next wave in chain migration.
Only here to work (the 690,000 NZ SCV are permanent stay full work rights) , or to work illegally, to snag a PR & be the anchor in further chain migration.
The 2.8 million migrant guest-workers are now 1 in 9 of the people in Australia.
We have more guest-workers than Gaddafi at his peak.
Collectively they form a sub economy of $140 billion, with $70 billion of that in underground illegal migrant guest-workers.
They are 1 in every 5 people working.
Of that, half or 1 in every 10 people working is a migrant guest-worker in some form of visa breach.
Australia’s largest industry is supported by widespread foreign run criminal syndicates organizing the fake ID, ABN, labour rings, cash in hand & other rackets, so little or no tax paid.
Highly concentrated in Sydney & Melbourne.
1 in 4, or 1.3 million migrant guest-workers are in Sydney.
1 in 5 or 1.1 million migrant guest-workers in Melbourne.
400k elsewhere in mini-me migrant ghettos in our other cities.
Occupying some 650,000 ex Australian dwellings now foreign owned & converted to migrant only cash in gags sub let bunk share. There’s your housing bubble.
Temporary Visa Migrants by
🔹Visa Category Dec-2018
🔻est in visa breach / illegal working.
🔹Overstayers: 69,000, all work illegally 🔻40,000
🔹Visitor: 395,000. 40% work illegally 🔻160,000
🔹Bridging 197,000 explosion Given work rights!
🔹Foreign Student (672,000) 575,000 on student visa & 97,000 on other visas. partial work rights & partners with full work rights. 75% work illegally 🔻504,000.
🔹Working Holiday, 148,000 many illegally🔻60,000
🔹Grad Temp 65,000 Partial rights / illegally 🔻20,000
🔹Skilled Regional Prov 20,000 – fraud visa 🔻10,000
🔹Other TR 70,000, wide abuse🔻40,000 work illegally
🔹Empl Sponsored 152,000 (457 + TSS) visa fraud, cash back & fake wages. Partners as well. 🔻70,000
🔹Temp ‘Partner’ 90,000 Work illegally 🔻45,000
🔹NZ SCV 687,000. Have full work rights, over 259,000 non NZ Born Indian & Chinese via back door
🔹Bus Prov 28,000 Widespread visa fraud 🔻10,000
TR / SCV migrant guest-workers 2,431,000
Third world unskilled 2,100,000
Fake visa pretext 1,600,000
🔻Visa breach working illegally 950,000
That’s 2.4 million TR, nearly 1 million in visa breach.
Then we have on top of that another 440,000 who come in to work illegally as Tourist Visitors.
Australia has 8.8 million Tourist arrivals a year.
Many are on short & medium repeat stay. 3 months, 6 months, repeat tourist visits. Most are from China, South Asia & India. The vast bulk are not ‘tourists staying in hotels spending money’. They are mostly poor third world lowlife who can’t get in on a TR visa. Spend some time at the airport immigration or flight arrivals. Or check the Tourism Australia stats.
The vast majority are not tourists but migrant ‘visitors’ spending zero in any business or tourist activity.
These ‘tourists’ are the core of the bridging, protection & asylum claims. They also come in to use Medicare (completely broken) with a huge onshore industry in medical tourism for Indians & Asians to come here to Australia on a tourist visa to ‘borrow’ a PR or defrauded Medicare card for free medical treatment & to get the PBS subsided drugs. PBS drugs they take back to China or India to sell – which then funds their criminal syndicates & the trip.
They stay in ‘private shared accommodation’ along with the 2.4 million TR / SCV already here.
With an average 3 month tourist visa/ “repeat & multiple stay” – the Asians & Indians get max stay, that’s about 2.2 million onshore at any one time.
Consuming at least another 200,000 plus Australian dwellings as occupants in ‘visiting’.
A large percentage here on a tourist visa work. Whether that’s as a nanny, cook, cleaner, farm work, labor rings, vice work – whatever. Third world poor people in a first world country, they are here to work.
Estimates vary – but the ABF submission in 2016 to the parliamentary inquiry stated that at least 5% or more worked illegally when in Australia.
The media has exposed some of the cash in hand, fake ID & foreign criminal syndicates trafficking these migrant tourists for labor rings & vice work etc.
The real estimate is closer to 20% but using that very conservative estimate of only 5% of 8.8 million tourist arrivals yearly = 440,000 third world migrant guest-workers working illegally at any one time over the year.
So the total number is:
2.4 million TR migrant guest-workers, with at least 1 million in visa breach working illegally.
Plus another 440,000 tourist visitors of 8.8 million a year also working illegally in visa breach.
That’s 2.8 million migrant guest-workers with 1.4 million working illegally in visa breach.
🔴There’s your wages issue.
🔴There’s your GDP per Capita issue.
🔴There’s your housing affordability & Australian homelessness issue.
🔴There’s your city congestion & overcrowding issue.
🔴There’s your occupants of the vast migrant slums that now engulf Sydney & Melbourne.
The TR & TV are the core nutrient in why our cities are now vast squalid migrant guest-workers slums full of ‘Temporary Residents (TR) or ‘Tourist visitors’ (TV).
It’s not (just) the PR.
Yes the PR were mistake, overshoot & 78% unskilled & non assimilating but now they are only a fraction of the whole migrant intake. The PR averaged 190,000 a year or 1.9 million in the last decade.
The 2.8 million TR & TV are 150% of the PR, equivalent to 15 years of PR intake! Even if the PR intake was zero for the next 10 years, it does nothing to fix the core TR & TV issue.
Some action is needed.
➡️ It needs a Royal Commission.
Neither political party in Australia can be trusted to act in the public interest.
We saw in NZ that Winston Peters was elected on the promise to act on migrant trafficking including into Australia, and he has done nothing.
Here both major parties studiously avoid the issue and the mainstream media & migrant lobbyists immediately stifle & kill any discussion on it.
Only a Royal Commission will expose the full issue and have the authority to enable overriding immigration legislation.
🔸Public awareness on the true numbers.
🔸Public awareness of the job, wages & congestion & housing impacts. How the migrant trafficking affects them personally in cost of living, job loss, wages loss , loss of opportunity, degraded education & healthcare.
Restriction across the board on visas & work rights.
🔸Remove all foreign student & ‘partner’ work rights.
🔸TR visa funds checked – monthly on funds, activities, income & accommodation including rent paid & to who.
🔸Tier 1 city duration restrictions on working holidays.
🔸Remove or tighten up sponsor, spousal visas.
🔸Remove skilled work visas (with 1.3 million Australian unemployed & 1.1 million seeking work, no case for these visa categories)
🔸2 week decision on protection visas, no work rights.
No asylum in Australia if traveled thru other countries.
🔸No spousal or family sponsor visa grants to a non Australia born unless a citizen for 10 years. Only way stop the migrant cascade / chain migration rackets.
🔸Massive crackdown on tourist visitors working illegally – no long term & repeat stays. Jail for anyone found harboring & employing tourist visa holders.
🔸Removal of the NZ back door access. Aust/NZ SCV only for Aust/NZ born.