Posts by Steve Barnes

  • Hard News: Not yet standing upright, in reply to Ian Dalziel,

    Attachment

    The Rank Organisation?
    Would you like a gong with that?

    Govt Printer or whoever owns that...

    Funny you should mention that....

    Rank's next big move was the purchase of the Government Printing Office for $23 million.

    The acquisition was due to be settled on January 31, 1990, but payment was delayed five months.

    This had a positive impact on Rank because it had control of Government Printing for five months before it had to pay for the company.

    The sale attracted considerable controversy.

    Fay Richwhite valued the company at $71 million and it had a book value of $44 million, $21 million above Rank's purchase price.

    A select committee inquiry into the sale concluded it had been poorly handled. A Herald editorial said "taxpayers are entitled to feel aggrieved about the way this asset sale was handled".

    Hart took advantage of the botched process.

    He isn't the only businessman to have benefited from the Government's poorly conceived and badly run asset sales programme.

    Government Printing had a huge impact on Rank's earnings and share price. Net profit rose from just $1.1 million in the 1989 year to $10.4 million in 1991 and Rank became one of the sharemarket's best performers.

    It should be noted that a "J.Arthur" was rhyming slang at the time.
    ETA..
    A little disingenuous of me really because it wasn't that Rnk, it was This one

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to Joe Wylie,

    The initial shortlist of 20c piece designs for NZ's first decimal currency.

    I quite like the one with the woman doing the washing. So apt for the time.

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to steven crawford,

    Then I shall say we…

    ? We shall stand by our elected leader and not let petty squabbles and egos wreck our Party?
    You do realise that most of what you think about Labour is what National want you to think, don't you?.

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to Russell Brown,

    Rowan Simpson makes a good case for the Dustin flag to be added.

    Great. That will come in handy when I need to do some Dustin.....
    /coat

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright,

    Just stumbled upon this.
    Worth looking at 25 mins in.
    How the Sachi's gave the UK Thatcher and they lying toads of the Conservative Party.
    Lord McAlpine "they said "can you afford it?" we said of course we can"
    Later, when the bills were due they said "well, look at it this way, if you want the big business accounts then they won't hire you if they think you lost us the election"
    So they attacked the Labour party, relentlessly.
    Sounds familiar?.
    This is where the rot set in...

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to steven crawford,

    It’s not to late to change the leader.

    I hope you mean the revolting John Key. Don't get suckered into thinking that Labour has a problem, it simply isn't true.

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to Bart Janssen,

    But yeah NOT voting for a flag is the stupidest idea

    Almost as stupid as voting for one.

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to sandra,

    Does he want people not to vote in a general election too?

    Sigh...

    Andrew Little has made the point that this is a trivial piece of nonsense invented by a trivial Prime Minister to hide real problems, I tend to agree. I wont bother with the first referendum, it is pointless, a vote to retain the current flag in the second referendum is all that is needed.
    It has been proven, as far as I am concerned, that the design of the flag was a total crock of shit, an amateur drawing competition at best, meaningless input and even more meaningless output.
    We have a choice of lame logos from a wunch of bankers from which to choose a meaningful flag?
    I think that all those involved in this soulless distraction have not a clue about what a flag is and what it stands for. You may as well ask me to lay down my life for a Coca~Cola sign.
    Total bollocks and not worth a wank.
    John Key should just fuck off to Hawaii and tell them their flag is shit. See how well that works out for you grasping and greedy little man....

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Hard News: Not yet standing upright, in reply to Ian Dalziel,

    I see Psychoflag

    Glad to see you got the water going down the right way, anti-clockwise but the thing with flags is you can see them from both sides and that could cause confusion.
    Bearing this in mind perhaps we should change the name of the country to AoxomoxoA and just have the name on the flag.
    (some may recognise a Grateful Dead reference whilst others may not)
    For more ridiculous nonsense please refer to Hansard.

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

  • Speaker: Meet the middle, in reply to linger,

    Is it something used for a dogwhistle?

    Its kind of the opposite, its what twats do to ignore the real issues, a bit like LA LA LA l CAN'T HEAR YOU LA LA LA .........

    The wireless north ;-) • Since Dec 2006 • 5190 posts Report Reply

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