Australian (ASX) Stock Market Forum

Gina Rinehart

If it wasn't her, it would be someone else. She herself has done nothing unique to employ those people, whoever owns the land with the iron and coal would have employed them regardless. She has done nothing special or anything that someone else wouldn't.
Except of course importing foreign labour.
Oh okey, so employing Australians how counts as welfare, yep sure that makes perfect sense.

Get a grip SCM, Rinehart is carrying this country along with the other miners and dopey Swan and Gillard are living off her efforts.
 
Get a grip SCM, Rinehart is carrying this country along with the other miners and dopey Swan and Gillard are living off her efforts.

More like destroying the country. Thanks to them our dollar is par with the US and our economy uncompetitive.

Again, they are doing nothing special. They do not invent anything, design anything, they do nothing unique or anything that someone else can't do. There's no reason not to nationalise the entire mining industry - it's so easy to dig stuff out of the ground that even the government can't screw that up.
 
More like destroying the country. Thanks to them our dollar is par with the US and our economy uncompetitive.

Again, they are doing nothing special. They do not invent anything, design anything, they do nothing unique or anything that someone else can't do. There's no reason not to nationalise the entire mining industry - it's so easy to dig stuff out of the ground that even the government can't screw that up.

Sorry pal you're not making a lot of sense.
 
Sorry pal you're not making a lot of sense.

Not sure what there isn't to understand. Two simple facts;

1. Mining industry is causing forex speculators to push our currency to much higher valuations than it deserves, destroying every single export-facing industry.

2. People who own mining companies like Rinehart and Palmer do not do anything special, and they have not done anything anyone else isn't capable of. In Rinehart's case, she got lucky with her inheritance - she hasn't actually done anything herself. Regardless of who is in charge, ore will always be dug up and sold, no mining executive has every done anything substantial.


There is one other thing I forgot to mention earlier - in regards to why Gillard and Swan would allow the importation of foreign labour. Another good reason is to import more people to prop up the failing housing bubble, and it's a pretty big one.
 
This whole thread and some the posts that are attached is nothing more than disgusting.

What is it with some of you ASF members?

Gina Rhinehart has been a successful woman. So what?

Are some of you jealous of her achievments or are you just mentally sick?

Joe, please remove this thread. It makes me want to throw up. It is so nauseating having to read such dribble.
 
The inference from this and the migrant worker thread is that the size of the person is a factor into how a person behaves. If GH was a beautiful perfectly proportioned woman who could grace the front pages of a magazine BUT everything else remained the same then nothing, in essence, would be different.

So references to a person's weight or looks adds nothing to the debate. All it does it create an image of unbalanced rant who is more interested in personal attacks rather than dealing with facts. Yes, yes, there will be facts (real and imagined) tossed into the debate by such a person but they will viewed as the ravings of a lunatic.

There have been many charismatic, good-looking despots & others who manipulated others for their own benefit. There are many families who have become dysfunctional for a lot less coin on the table than in the GH family.
If the law allows what many see to be immoral or harmful to Oz then shame on the law-makers for acting to right the wrong & shame on those who elect them (us) for not doing something about getting it changed.

I'm interested in topics like importing migrant workers, altruistic use of wealth (esp. in MY direction, hint hint Gina!) but not interested in vitriol that contributes nothing to the topic except to possibly create a felling of satisfaction in those who do so.

Of course - it could all be trolling in which case no amount of reasoned argument will change it.
 
You can learn a fair bit about Gina buy the way she treats her Children - how she attempts to control them using any means.

Here is an example.


The bitter battle between Gina Rinehart and her three eldest children has escalated, with Australia's richest person threatening to withdraw the ''ransom insurance policy'' she holds for the family unless they agree to keep details of legal action private.


Read more: http://www.canberratimes.com.au/act...m-insurance-20120205-1t8p1.html#ixzz1xL9O0mnA

I mean how callous - threatning to essentially risks these guys lives more than they already are considering her wealth.

And in their own words -

In a statement issued on Friday, Mr Hancock said he and his sisters remained highly concerned about the safety of themselves and their young children.

''I can support my wife and children in a modest manner from the work I do, but I can't provide the level of funds required to deal with security issues - real or imagined - associated with being the son of a woman worth more than $20billion,'' he said.
''When my mother buys a few hundred million dollars worth of Fairfax, it's going to draw some attention.

''But she won't share a penny to help protect her grandchildren from the risks she - the trustee of our family trust - is creating by her own actions.''


Read more: http://www.canberratimes.com.au/act...m-insurance-20120205-1t8p1.html#ixzz1xL9s7jzU

What a nasty nasty piece of work she can be .....


There was even grand evil plans to bankrupt her own children - I mean behave like this to your own blood , just imagine how she could treat a stranger - dont think id like to do business with this individual!

The four adult children of Australia’s richest person, Gina Rinehart, may not receive their multibillion-dollar inheritance for 56 years, after their mother secretly extended the expiry date of a family trust.
Mrs Rinehart also threatened to “bankrupt” her children last year, while claiming they enjoyed a privileged existence of “water views”, private jets and “endless holiday travels”.

http://www.abc.net.au/mediawatch/transcripts/1206_afr3.pdf
 
This whole thread and some the posts that are attached is nothing more than disgusting.

What is it with some of you ASF members?

Gina Rhinehart has been a successful woman. So what?

Are some of you jealous of her achievments or are you just mentally sick?

Joe, please remove this thread. It makes me want to throw up. It is so nauseating having to read such dribble.

+1

I think this forum should be returned to a place much more pleasant and interesting as it once was otherwise the best contributors may not hang around.
 
I think we all recognize the social and economic philosophy that spawned the first two posts in the thread, and we know where it leads.

Joe acted appropriately.

All I know is, people travelled from around the world to hammer at the Berlin Wall, as the denizens of the east fled, like so many lifers unexpectedly paroled.
 
Not sure what there isn't to understand. Two simple facts;

1. Mining industry is causing forex speculators to push our currency to much higher valuations than it deserves, destroying every single export-facing industry.

2. People who own mining companies like Rinehart and Palmer do not do anything special, and they have not done anything anyone else isn't capable of. In Rinehart's case, she got lucky with her inheritance - she hasn't actually done anything herself. Regardless of who is in charge, ore will always be dug up and sold, no mining executive has every done anything substantial.


There is one other thing I forgot to mention earlier - in regards to why Gillard and Swan would allow the importation of foreign labour. Another good reason is to import more people to prop up the failing housing bubble, and it's a pretty big one.


Yes I fail to see why the mining is everything crew cant see this.

The Worlds Credit boom artificially boosted demand and our dollar which inturn ripped the back side out of all our other industries - for example look how dead tourism is now and we have such an awesome country to visit but they arnt coming !

Mining is a very important part of our economy but relying on it explicitly will end in tears ...
 
This whole thread and some the posts that are attached is nothing more than disgusting.

What is it with some of you ASF members?

Gina Rhinehart has been a successful woman. So what?

Are some of you jealous of her achievments or are you just mentally sick?

Joe, please remove this thread. It makes me want to throw up. It is so nauseating having to read such dribble.

+1

gg
 
Seems to me that some people worship the ground she walks on for no other reason that her wealth ? Envious of her I assume.

Can anyone link anything that shes done charitable with her money ? I cant find anything , seems she just hoardes money perhaps?

She tears minerals and resources out of our earth, these resources belong to Australia and as the PM said she and others have a licence to extract them. The final straw for her public perception has been giving away thousands of our countries jobs as the economy worsens.

Many of you try to paint this as a " class " issue which it clearly isnt - go start threads on any number of Billionaires and you will probably get nothing but praise for their innovation, resourcefullness etc etc - but not for Gina she has made her own bed shaped by her actions not circumstance.
 
+1

I think this forum should be returned to a place much more pleasant and interesting as it once was otherwise the best contributors may not hang around.
+1. Myself very much included.

This whole thread and some the posts that are attached is nothing more than disgusting.
+1.

+2. And johenmo makes a valid point also.

This thread, imo, is an all time low for this forum.
No wonder so many of the great posters of the past, viz Prospector, Duckman, Cuttlefish et al, have walked away.
 
The truth hurts for people sometimes.

Most comments here have been backed by facts or atleast linked backed to other media articles.


I dont see what your all upset about. I bet you all watch worse soap operas on TV - the Rinehart sopa opera is just a very public one and rightly so , we are all entitled to comment on such public debacles.

The other thing that does my head in is that most of you who support her giving away Australian jobs absolutely bag out and belittle unemployed people in the welfare state.
 
There is no need to shout, mate.

Who is "Our".

There is when people have absolutely no clue, yet pretend they do. "Ooh herp derp you all hate gina because she's richer than you" - yeh, no - that has nothing to do with it, so stop that propaganda nonsense, and stop these worthless attempts at trying to take the discussion off-topic.

"We" simply refers to the people who take an issue with Rinehart because of her importing of foreign labour to steal Aussie jobs.
 
There is when people have absolutely no clue, yet pretend they do. "Ooh herp derp you all hate gina because she's richer than you" - yeh, no - that has nothing to do with it, so stop that propaganda nonsense, and stop these worthless attempts at trying to take the discussion off-topic.

"We" simply refers to the people who take an issue with Rinehart because of her importing of foreign labour to steal Aussie jobs.

I feel you need to be burped mate.

Ooh herp derp can lead to piles.

My impression of this brouha, was that Gina was importing 2000 or so workers, with critical skills in to critical jobs, who she could not source in Australia.

This would provide a surge in her mines, which would provide more jobs of a lower skill rate suitable for Australians with those lower skills.

gg
 
My impression of this brouha, was that Gina was importing 2000 or so workers, with critical skills in to critical jobs, who she could not source in Australia.

This would provide a surge in her mines, which would provide more jobs of a lower skill rate suitable for Australians with those lower skills.

What critical skills? Last I heard there are tens of thousands of construction workers losing their job all over the country due to the housing bubble - the very same jobs she allegedly can't get enough labour for.
 
What critical skills? Last I heard there are tens of thousands of construction workers losing their job all over the country due to the housing bubble - the very same jobs she allegedly can't get enough labour for.

Mate,

You have never had to employ people for a project.

There are people there, but they live in Welfare states like SA, NSW. Vic. and TAS, and prefer to go to the footy of a Saturday, rather than work.

gg
 
Mate,

You have never had to employ people for a project.

There are people there, but they live in Welfare states like SA, NSW. Vic. and TAS, and prefer to go to the footy of a Saturday, rather than work.

If you need labour from another state, then it is your responsibility as a business to seek out those workers and offer them assistance to relocate.

However from what people have posted in the other thread about migrant workers, it seems there is no shortage of people looking for work on mining sites like Roy Hill.
 
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