Saturday, September 02, 2006

Allegoric Advertorial


Tasmania is on the cusp of gambling led economic boom. No, it’s neither the racetracks, nor the Tassie Hawks’ footy team nor the casinos that are to be the key players here! It’s actually the renewable resource industries. All these other gaming options have been enlisted to keep the punters’ eye off the main game while everything is lined up for the really big take. Indeed, why play around with small change when you can go right to the edge and gamble the lot and take everything.

Governance and the corporate world have formed the TPGC (Tasmanian Perpetual Gaming Cooperative) to market their various schemes going forward. TPGC will be a monopoly and the ‘Investment House’ licensed to wager Tasmanians’ resources on 200 to 1 plus projects.

An early TPGC product being promoted is Tasmanian Roulette. This game offers enormous, and gilt edge, opportunities for corporations investing in totalling Tasmanian renewable resources – primarily its farmland and forests but not exclusively. The rules are still in development and uncritical investors are still being sought.

Tasmanian Roulette will be the mechanism whereby TPGC will lever both the dollars and the resources required to amass the mandatory stake in the first big gamble – the toxic option, down stream, constrained value adding, pulp production, grand flutter mark one.

It is estimated that 20 years (2026) will see all valuable resources removed from the island thus making space for, and simultaneously opening up the opportunity for, the second big gamble – the dumb, up stream, total value depleting, toxic dump, grand flutter mark two.

The elegant part of this entire scenario is the fact that TPGC investors and their collaborators will have acquired white shoes and moved to a cooperative playground somewhere else. The sting in the tail is that these places are soon to come under the threat of like schemes perpetrated by even cleverer, even more malevolent and absolutely descendant free investors. History tells absolutely nothing to those who pay little or no attention to it!

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