Posts by Idiot Savant
Last ←Newer Page 1 2 3 4 5 Older→ First
-
the book has been designed with soft puppy-like pages -- making it ideal for reading in the lavatory
If we accept that link, wouldn't an actual puppy be better?
-
I actually like the idea of our Super Fund investing in the NZ share market for the next few years. Gawd knows no-one else is going to.
So our superannuation fund should prop up the asset values of the already rich?
No thanks.
-
**Starter for ten: what do you get when you have too much money chasing too few goods?**
A tax cut?
Bzzzt! The answer is "inflation" - and specifically an asset bubble. It would do for stocks what we've just seen happen to housing, with the Cullen Fund picking up the tab.
Next question: who would benefit from such an asset bubble?
-
Rich: I'm sure there's a level of Cullen Fund investment in NZ where it could be beneficial - but that level is almost certainly lower than the entire NZSX. Key's plan will simply create an asset bubble, which will see his rich mates make out like bandits at the cost of our pensioners. In other words, its a policy to take from the poor to give to the rich.
-
The story pointed out that by 2025 the 40% of the fund that National wants to force into local investment will by be $43.6 billion: bigger than the entire market cap of the NZX-50 plus the expected value of Fonterra were it to be floated
Starter for ten: what do you get when you have too much money chasing too few goods?
Followup: in which part of the NZ economy have we recently seen such a phenomenon?
-
I could be wrong - I can't think where I heard this - but don't a lot of advocates for a capital gains tax often suggest the first property be exempt? Start buying and selling multiple properties and yeah, the onus goes on you to show why you shouldn't be subject to the tax.
Yup. Because generally, if you're living in a house, it hasn't been purchased with the primary aim of resale.
-
The alternative, since Key's going to play around with it, is to remove the tax incentives that make housing so appealing... How does the PAS crowd feel about that?
A capital gains tax on property speculators? Bring it on!
-
Re: "distortion in the sharemarket"
This would be very good for people who own shares ATM. They get a bubble, and someone else to hold the bag when it pops. Just like 1987.
-
28 days is a very very long time before someone takes action and as we are all aware pulling something down after it has even just a small moment on the web is useless as it has already been copied and reposted, you have to stop them doing it in the first place if you are going to try at all
You might as well try to hold back the sea (yes, yes, I know, OK?). Eventually someone will post your material, and if people like it, it will spread.
The technology exists. Better to learn to cope with it than waste time wailing about it.
-
The flaw in your analogy Mark is that if I steal your car you can no longer drive it (or sell it), if I steal your shirt you can no longer wear it (or sell it). If I copy your album I do not deprive you of the ability to sell it because these bits were made for copying.
The phrase you are looking for is "non-exclusive and non-rival". But a more important word is "unenforceable". Technology has shifted the playing field, and made it impossible to stop people from copying and distributing music, TV, or any other digital information on the internet - and there's no way that jinn is getting back into its bottle. Pouting and screaming and throwing your shoe won't change this, any more than it saved the weavers from the mechanical loom, or human computers from electronic ones. The recording industry's business model is simply obsolete, deprecated, no longer supported by reality. Either its finds a new one, or they go out of business, EOFS.