WHAT THE OTHER 95% ARE WATCHING
Four-time Walkley Award winning political commentator and Churchill Fellow, has returned to the fray over concern that the integrity of news dissemination is continually being threatened by a partisan media.
My TV set chucked a wobbly last night and I was forced to watch Channel seven for the first time. Golly, this morning there was this overweight sheila and a Jewish-looking lightweight bloke flanked by two others I have never seen fronting the news which was led with a cat with too many toes. Then a three-day-old lottery story followed by a bloke dressed up as a cow giving money away. Bloody hell, I’ve been missing out on important stuff here… I had no idea that cats had toes!
Then of course the channel launched into an avalanche of more bloody insurance ads. I turned it off at the plug and turned on the radio to be greeted by the ABC. So I nearly broke my arm switching that off and fired up my computer. But because I refuse to pay for news on-line I was left with the Lefty news.com.au. which told me Tony Mundine had pissed off from some show called, “I’m a Celebrity Get Me Out of Here” amid an Islamic tirade about pillow biters and condoms.
So I turned the dial a little further and got Graham Richardson. Bugger me, he was telling everyone about Canberra politicians’ affairs. And there was no mention of Richo’s.
He wrote of Barnaby Joyce’s predicament in today’s “Australian”, “It is a messy business and I will be fascinated to see what revelations about other pollies come to light.”
I wonder if Richo thinks his affair as a Minister with Fia Cumming was just as “messy” especially with his new colostomy bag close to full?
Click here to read: RENE RIVKIN & RICHO... the stuff they didn't tell you
Actually Richo would be the last to know what goes on in Canberra.
HOW RICHO AND RIVKIN WERE SPRUNG
ASIC knew the proceeds from the Alpine Offset insurance scam were in Swiss Bank accounts but they couldn't prove it. Numbered accounts were impenetrable back then. Richo, Rivkin and Trevor Kennedy were safe. Until an incredible train of events occurred and, as usual, Rivkin handled it woefully.
There were two Swiss banks, Leumi and EBC that held 38.5% of the $53 million insurance payout on the Offset Alpine fire. Richo had regularly withdrawn large sums, distributing that money to odd banks around the world. But something unusual was about to occur that would shatter the boys' plans.
Groups of Swiss accounts are held by a nominee director who remains responsible for the funds. Unless other arrangements are made, this director's permission is required to withdraw funds. The Offset Alpine funds were appointed a Mr Ernst Imfeld who decided, without permission, to invest the money on Forex, make a profit and return the principal, keeping the excess for himself.
Ernst Imfeld was a pudgy, overweight crook, he had already been sacked from Credit Suisse Group for involvement in the embezzlement of $300 million and was once more in charge of millions of other people's money.
That would have been fine except that crooks invariably make crook investments and Rivkin was astonished to see the amount in his account varying wildly. (In one week there was a curious extra million Euros in his account.)
It was obvious someone was shifting funds between accounts, temporarily, to cover losses.
Rivkin phoned the bank and the bank asked Imfeld for an explanation. His explanation to the bank was that he was acting under Rivkin's instructions.
Rivkin of course knew nothing about any trading on his account and immediately phoned Imfeld himself. Imfeld pleaded with him to say that he had his (Rivkin's) authority to trade the funds.
"Why would I do that?" asked Rivkin. "Because", said Imfeld, "If you don't, I will go down and I will fucking take you with me."
Rivkin simply laughed, hung up the phone and caught he next plane to Zurich.
Rivkin was seated when executives of the bank hauled Imfeld into the boardroom.
Then, in front of Imfeld, Rivkin categorically denied he gave any authority to trade his money.
Ernst Imfeld was sacked.
But as the nominee director he still had all the bank documents and had been carefully following Rivkin's denials to the Australian authorities that he, Richardson and Kennedy were the owners of the secret accounts
With measured retaliation, Imfeld quickly searched the names of finance journals in Australia. He settled on the "Australian Financial Review".
A week later at 2am the AFR fax machine started spitting out private Swiss bank account details... emails, instructions, account numbers, names and addresses, everything!
Hundreds of documents had tumbled from the fax to the floor by the time staff arrived.
It was all in German but they immediately recognised the name Rene Rivkin and the bank.
Before the translation was complete they knew they were on to something big.
A senior AFR journalist, Andrew Main, began to unpick the Offset Alpine insurance scam in all its gory glory. From memory he received a Walkely Award for the story.
Kennedy and Richo were furious with Rivkin for not playing ball with Imfeld. This was not the first time Rivkin had stuffed up. It was the end of a long friendship between him and Kennedy, and Richo wasn't happy at all... he now had to settle with the ATO for over a two million dollars.
After all, the ATO doesn't care if the money was fraudulently acquired, they just want their cut of the loot.
ASIC's eight long years of trying to penetrate those Swiss accounts were over. They had all the evidence they needed right there within the pages of the Australian Financial Review. And that evidence discounted everything that Rivkin had told the courts.
Among those said to have benefited from the Offset Alpine alleged arson were Channel Nine's Sam Chisolm, Ray Martin and his wife and Governor-General Bill Hayden. There were many other politicians in the game who didn't opt for the perilous Swiss option with their share of the scam.
No definite cause of the fire has ever been established, mainly because Adler's FAI Insurance Company was in charge of its own investigation into insurance fraud.
Adler had purchased 9% of the Company's shares two days before the fire.
Inquiries to the 'Fire Investigation Unit' of the NSW Fire Service reveal they are under instructions not to release any documents concerning the case to the public.
It appears someone politically important is at risk and that same "someone" is important enough to be able to suppress what should be on the public record.
Rivkin, who had already been convicted of insider trading, had now clearly perjured himself. He never regained his Midas touch.
The rest is ugly history.
Hmmm, so much for Richo.
More important is what keeps the other 95% of Aussies entertained. It seems to indicate why Bill Shorten is touted as a possible PM. And fair dinkum, we 5% need to ensure that doesn’t happen.
If only the right-of-centre groups and parties would agree to combine to ensure the hideous Green/Labor cabal was blocked out of any election. They won’t do that because they jealously defend their own special forms of conservatism, not to mention their own bank accounts, which means we all lose.
Our Westminster Senate system is slowly killing this country. Senators elected on the ticket of a certain Party happily walk away from that Party to do their own thing. Witness Jacqui Lambie who now falls into line with the Labor/Green vote. (Who knows where Clive Palmer’s affections lay.)
The interesting thing is that Lambie has sacked her running mate, Steve Martin, (above, in happier times) citing disloyalty. She is determined to get back into the Senate and has wasted a duly elected Member to make way for her return from Aboriginal life.
Martin clearly has a similar political stance to her, and if he now becomes an Independent, and votes accordingly, it would effectively give another vote to Lambie’s Party.
It won’t take the Greens too long to figure this ploy out… loyal, yet voluntarily disenfranchised Greens become Independents to make way for the next Green on the list! And if the Greens can get away with it, just watch Labor, Liberal, One Nation, Hinch, Xylophone and any other odd bod party clamour to do the same.
But the Constitution allows for only 12 Senators per each of our six States (72 and far too many) plus two from each Territory, although there is talk of increasing that to three for, you guessed it, the ACT.
So if Hanson and Lambie now have their full quotas, plus disenfranchised Independents of the same political colour, who is losing out?
It seems to me, in Lambie’s case, that she will now have a notional extra Senator without having an election, that’s if Martin votes how he intended to as a Lambie Party member.
Therefore as far as Tasmania is concerned it now effectively has 13 Senators! Someone must go and it shouldn’t be the Independent… he was legitimately elected, Lambie was not.
Our founding forefathers did not anticipate a Senate like ours. It was intended to be a house of review, monitoring proposed Lower House legislation with a view to advising.
Our Senate even introduces and debates legislation itself!
Just as bloody ridiculous... free lunch and grog for all
Besides, the Westminster Senate, the House of Lords, (above) is not even elected, all Members are appointed, mainly from the aristocracy!
Our Senate is the greatest impediment to good government yet divised.
One Nation's idiotic preferences have just given us another term of an inept Pluckachook Labor government.
Right-of-centre Parties must sit down and work out a communally acceptable constitution. Unless they combine as a preferential force and concentrate on energy as an election-winning issue we can say hello to the obnoxious Shorten and Di Natale.