Adventure Ausrama Blog

The problem with the International Whaling Commission (IWC) is that it is too bureaucratic and pussy foots around still toying with the concept of "scientific" whaling. All research on whales should be banned and have done with it. Leave the mammals alone and they will look after themselves. They do not need human intervention. Of course, finding that Japan was not practicing scientific whaling left the door open for them to change their methods and continue slaughtering the defenseless creatures. Unfortunately, the IWC was never set up to stop the killing. It was meant to manage the widespread industry in the 1940s. The moratorium and having whale sanctuaries in the Antarctic have failed, as Japan keeps bending the rules. Japan continues to rave and jump up and down about their culture. Since when has culture been part of lawmaking - it never has been. The IWC is far too soft and it exists because the industry still exists. Set up a completely new body with tough

Was the Australian Securities and Investment Commission (ASIC) set up to improve business or just be a nuisance to operations. Its job should be to police the industry and make things run smoothly. However, putting one's nose in when it is not needed is not the best thing to do. The mining boom is coming to an end as the Chinese economy pulls back from high growth due to wages rising thus demand falling. Companies are looking to move to other Asian countries where labor is cheaper. Australian mining companies are looking to become producers of other things such as technology. With this move comes threats from ASIC for the miners to keep their noses clean. Apparently they must inform shareholders before they buy tech companies. We have not reached a point yet where shareholders manage companies. Surely, it is up to the CEO and the board to set future company developments and intentions. ASIC is making accusations that mining companies are "cooking the book