CIS has serious “governance issues”. Links with the ACTU too?!
Mr. Peter Yates is a director of the Centre for Independent Studies, and a director of the Chinese based Peony Company. He is also the brother of Mr. Oliver Yates. Mr. Oliver Yates is “global head of climate change products, Macquarie Bank”. Another figure who has a conflict of interest is Alan Stockdale, head of MacQuarie Bank’s “Infrastructure Group” (MIG), and is the current Federal President of the Liberal Party.
Are the schemes run by Macquarie bank one of the destinations of super funds controlled by the ACTU? This is the 4th morning since the strong rumour ACTU is defrauding ACTU controlled super funds members was broadcast on Melbourne radio, and the ACTU is frozen silent.
Oliver Yates and MacQuarie Bank
OLIVER Yates is not widely known outside Macquarie Group and certainly not as well known as brother Peter, but that is all about to change as the group goes full speed ahead into making money from the green movement
Macquarie Bank:
Renewable energy
Macquarie is an active investor in the renewable energy industry. We are dedicated to sourcing investments across renewable technologies including wind, solar, landfill gas, hydro, biomass, biogas and geothermal. Macquarie also has carbon funding operations.
The scope of our renewable energy activities include:
direct investment, joint ventures and partnerships in renewable energy projects structuring development funding for greenfield projects project finance, corporate advisory and mergers and acquisitions climate change financial products environmental markets and emissions trading environmental policy development.
Europe, North America and the Asia Pacific.
In Asia Pacific, they have sunk investor’s funds into windmills.
‘Alternative energy’ schemes are not market - customer-serving formations. Macquarie Bank’s main major activity is in countries in which - surprise, surprise, Governments are engaged in large-scale larceny to set up and prop up ‘alternative energy schemes’. Namely, Britain, Europe, Canada and the United States.
They are not investments. If they were, entrepreneurs and investors would have volitionally established real, profit earning companies, and that means real productive capital. Investors in markets have said the future in ‘alternative energy’ does not exist. They are get quick rich schemes for principals behind the scams, politicians and bureaucrats, and destroyers of investor’s capital.
Peter Yates
Peter Yates is also up to his eyeballs in what are nothing but shells for larceny and set up only by government coercion reflected in how many tens of billions of taxpayers’ stolen private property has been sunk into them:
Bill Gates was a great entrepeneur, but outside of Microsoft, he is either a simpleton or has toed the Stalinist Greens-U.S. Democrats line in order to protect Microsoft. After all, the Stalinist Democrats had already punished Microsoft by forcing a split in the company and its production under the anti-freemarket Sherman Act. Gates’ mistake was not to funnel a few hundred millions into the Democrat Party coffers. There is a word for it, extortion and, man, did they appy the thumb screws to Microsoft via Gates.
Needless to say, Gates found entry into their good books by blowing away enough to fund a couple of good sized real businesses on Stalinist causes. Thus, for example, instead of funding real start up enterprises, he committed $U.S.100m to set up the racket called the Peony Capital Ltd. Peter Yates got into the act as a Director of Peony, and the Stalinists’ good books too:
<blockquote>…waste heat recovery, wind farm power generation, energy efficiency, coal mine methane, landfill management and small scale hydropower. Carbon emissions saved are deemed to have created a carbon credit, which Peony on-sells to buyers in industrialised countries in the form of tradable Certified Emission Reduction certificates.
Alan Stockdale
Stockdale has recently resigned as Chairman of the Institute of Public Affairs. It doesn’t really resolve conflict of interest and governance “issues”, considering Stockdale is head of MIG and is the Federal President of the Liberal Party. Resigning as Chairman of the IPA is tokenism, a formal distancing from the watermelon red Kemp family and their cashbox, is trivial against the MacQuarie Bank’s activism in pushing for capital destroying Kyoto compliance and pushing junk shell schemes to get rich by blowing up others’ real capital to smithereens.
MacQuarie Bank’s MIG is tied into government squander, falsely called investment. The principle involved in ‘infrastructure’ is, while each tier of government sacks taxpayers for roads, water and so forth. They are put on a pseudo-business basis on which taxpayers’ are taxed all over again in the way of pseudo-market price charging. This is what the CIS, and the IPA mean by privatisation and ‘market comptetition’. Premier of Brackistan John Brumby used the excuse, “so Victorians can appreciate everything has a cost”, yah and don’t they know what thugs the State “Guvmnt.” and Local extortionists Councils are.
Greg Lindsay, of his superannuation policy called the Centre of Independent Studies
He has a lot of explaining to do. The CIS’s advocacy of carbon taxation is intellectual fraud multiplied by its genre, propaganda, and its usage - by the Rudd Fascist Cabinet to justify what are totalitarian measures of mass destruction.
Perhaps his No.1 hitman, Professor Saunders, and his No.2 Professor Sinclair Davidson can do what his mere guns, Jason Soon and John “the Ralph Nader of Australia” Humphreys cannot, explaion the inexcusable. Oh, I forget, Davidson did attempt a defence, the one such types resort to, the good Professor sdmeared Mr. Jackson instead of meeting solid economic reasoning with economic rebuttal. Davidson could not because, while he can’t explain why, he does comprehend that there is no defence of the Stalinist measures he so eloquently supports.
Professor Sinclair Davidson a Professor? B.S.
It is being asked in certain quaters, is Lindsay’s John Humphreys “the Ralph Nader of Australia”.
Lindsay, what is your definition of talent?
Other Parties, the Wootton Family
Are the Woottons bound up with the above? Having funded hard, diseased Leftists and their plans to treat Australians to a re-run of that gulag called the USSR, consider this:
1930’s the Mosley’s used their fortune in an attempt to raise the Swastika over the British, with Charles Mosley the putative Fuhrer.
The Wootton’s are on the hard Left side of the nasty spectrum of socialist thugs, the communists. Have the Wootton’s taken a leaf out of Mosley’s biogrpahy and designed their own uniform -
Red plastic jackboots, red pantaloons, red blouse with green stripe down diagonal and natty little gold hammer and sickle badges? The Green stripe is to show their unity with the Pol Potian school of Stalinism, the Greens.
I wonder if the Kulaks of Hamilton are sharpening their pitchforks.
Any reader who has not appreciated why the Liberal Party is strangled, the above, to presume, clarifies the disease that is killing the Liberal Party.
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Posted on 19-Jun-09 at 7:10 pm | Permalink