Yepp. Muscat’s Second (Banana) Republic is built on the doctrine that the Maltese citizenship has a value of euro 650,000. The rest is worthless.

Why would he be interested in creating jobs? Jobs create independence and a feeling of self-worth; this way he just sells portions of our rights. I won’t say identity, although it is somewhat connected, I don’t think that’s what’s being given away here.

But he is selling our right to self-determination as a people and a nation. Through the normal process of naturalisation, the long period to gain citizenship establishes compatibility between the individual and the people and place they aspire to become a part of, both in social and economic terms.

Avoiding the creation of new employment opportunities and focusing on raking in money through this scheme, he is also centralising the money created and reducing accountability and any say we have over its use.

It will be explained as money they generated, not money we contributed, not using public funds – they’ll use it as an excuse to have a free hand in doing what they want.

Government is there to facilitate the investments of a people and a nation not to generate profit as a separate entity.

I don’t think the author is Chinese. I’d guess British.

This has been discussed here:

http://daphnecaruanagalizia.com/2013/11/some-of-the-days-european-headlines-so-far/

And lo and behold, that set of wankers has just relegated Malta’s to a passport of convenience.

Wait for it. Cyprus was forced into a quasi-bailout exactly because of a similar scheme.

It wasn’t clear where all the money from Russia was pouring into its banks had come from, and tougher EU legislation caused a run on these, (little things with a director or two).

Cyprus was actually trying to top Malta – problem is, the financial model we built was the benchmark. Cyprus lost.

Now this, it’s cannibalistic.

It might be simply sales talk but that is how it is being sold.

But if somebody respectable owns and can spend €650k, then it stands to reason that one can travel VIP wherever he/she wants and he can do any business deals with no problems. Most probably, such a person, no matter what nationality is already a resident outside his/her country which might be “unsafe”. VISA’s and such are bureaucratic nuisances are dealt with by secretaries and PAs. Nobody will stop such a person at the airport.

So it’s stands to reason, that if the passport will not be purchased to ease one’s travels or living then the purchase of a new passport will enable the holder to hide one’s past, to hide one’s origin. The passport is bought by somebody who has trouble traveling or doing business.

It’s simple logic built on the same sales’ talk used by the proposers of the scheme.

On the other hand if you are a millionaire and want to have a Maltese passport for whatever reason you deem fit for your purpose you get in within days.

Gives a new meaning to “money is the root of all evil”.