Posts by Steve Barnes
Last ←Newer Page 1 2 3 4 5 Older→ First
-
Hard News: Is that it?, in reply to BenWilson,
If only there was a mutual debt circle. It’s usually more like there’s a rich guy in town, who everyone owes money to.
Ah, but then the rich guy went out and sold that debt...
Yeah, that works.
NOT. -
Haiku, Shmiku.
It's all boody
Greek
to me. -
Hard News: Angry and thrilled about Arie, in reply to BenWilson,
Once they get it in their heads that you’re a villain, it becomes us-vs-them.
Villain=not a Police Officer
-
Then I went to sleep and had a dream....
Only to wake and find Gareth Morgan had written it down -
Hard News: Is that it?, in reply to Rich Lock,
However, the whole town is now out of debt and looks to the future with a lot more optimism.
You got my point then ;-)
-
Hard News: Is that it?, in reply to DexterX,
Looking at the size of the money supply and the cash that is actually in circulation is a good place to start
Circulation is more important than size, the faster the "money" moves, the more it is worth, think about it. Every time money changes hands it creates something and these days even debt is held to be worth something. For instance, if I go down town and buy a widget the widget maker gets payed for making the widget, the widget shop guy gets a cut, the taxman gets a cut, the guy that drives the downtown bus gets paid and then goes and buys his own widget, the poor bastard that cleans the widget machine makes a buck and buys a turnip, the turnip grower... I think you can see my point.
Anypoo, the point is that "Money" is only a token and token traders can go get fucked. the value of those tokens is illusory, meaningless. It is the movement of those tokens that allows the creation of goods and services, using them for anything else, like pretending they are magical or make wonderful clothes for Emperors, diminishes that movement and therefore their worth. -
Hard News: Is that it?, in reply to Sacha,
However the long-term motivation and focus may differ between sovereign governments and private financial entities. Who do you trust to share the interests of our children and grandchildren?...
...Another might be creating a belief that most tax comes from “wealthy” people, so therefore they should naturally have a stronger say about it.There used to be this wonderful thing called Noblesse oblige
is sometimes used to summarize a moral economy wherein privilege must be balanced by duty towards those who lack such privilege or who cannot perform such duty. Finally, it has been used recently primarily to refer to public responsibilities of the rich, famous and powerful, notably to provide good examples of behaviour or to exceed minimal standards of decency.
One of the founding principals of New Zealand was the desire to build an Egalitarian society, a Classless society. Well, we nearly got there, those at the top of the heap have no class whatsoever. They are far from noble and far less obliging.
Tim Watkin has this to say on the subject.If John Key wants to talk about obligations and responsibilities, he should listen more to Warren Buffett and less to David Cameron. Building community is about everyone sharing those old rights and responsibilities
David Camoron said it..
"Irresponsibility. Selfishness. Behaving as if your choices have no consequences. Children without fathers. Schools without discipline. Reward without effort. Crime without punishment. Rights without responsibilities. Communities without control. Some of the worst aspects of human nature tolerated, indulged - sometimes even incentivised - by a state and its agencies that in parts have become literally de-moralised."
Trouble is, he was not talking about his ilk.
Might as well go away and have a game of
Difficult Dungeon -
Hard News: Is that it?, in reply to Sacha,
You managed to find silence at the Blend?
Yup, on Queen St.
Still, more pleasant than Tottenham eh?.
If only people would stop trying to make Auckland a "World Class City" its character could come shining through. -
If owners of damaged properties are tied to the 2007 local authority valuations then surely those that have to replace that property. i.e,. land, should be able to buy land at 2007 valuations. Any increase in value deemed not to be created by the consequences of the earthquake, for instance, improvements to land such as supply services, drains and sewers, roading, etc. could be valued separately.
There should be no-one, individual, company or Government Department, profiting from the increases in land value solely created by the earthquake.
A bright line has to be drawn. -
Hard News: Is that it?, in reply to Sacha,
Do you reckon we’re any different in person?
In person, the silence can mean so much more.