The rule of law is becoming a joke in the USA and we are following exactly the same trail as evidenced by the ongoing corruption enquiries in NSW, the activities of the Speaker, Peter Slipper, Craig Thomson and now Geoff Shaw in Victoria.
To put it another way, once the law becomes subservient to political ends, as it has been in those Three cases, then we are too far down the slippery slope to make investments without "managing" (read bribery) the political dimension as in countries like Indonesia and New Guinea.
In other words,, you can no longer invest with some certainty about country risk.
CASA, as a Government entity, has armed itself with the regulatory tools to destroy any business it likes, without bothering about the rule of law, and if government continues to countenance that, then the GA industry is dead, and in the longer run so is GFA, RAA and SAAA.
Why? Because we exist not by law but by the whim of the regulator.