Posts by Andre
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"It can't be true. If it was, the Herald would have banner headlines of "DEMOCRACY UNDER ATTACK".
Well they did publish McCarten... so they're covered (wink wink)
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Rodney King... enough to spark an LA riot
King Rodney... Epsom dwellers don't do riots unfortunately.
I can't believe that anyone New Zealander would be so backwards as to disenfranchise the poor. I wonder if they are building more prisons and discussing double-bunking in anticipation of a backlash. Why is Matt McCarten the only voice here? Do some of the Labour political hierachy agree with Hide? -
...or kingky as it were
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King Key... it's sort of "kinky" to even think of something so appalling.
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Hide believes that democracy would be better served if the number of votes you are able to place is related to how much property that you own (even if it is mortgaged to 110% of its value or if you've owned it for 4 weeks at the time of an election). This serves to illuminate his stance on most things. The undeserving poor - they shouldn't be trusted and it's their fault.
Dickensian thinking that will result in revolt... -
The Herald editorialised that the second problem in our capital markets is the dearth of high-quality investment opportunities, which has prompted an unhealthy penchant for the housing market.
The problem seems to be all to do with tall poppies and little faith in good ideas. Finance is available for business cashflow and not growth in most cases. Business lending is riskier than property lending and most property financiers are backed by a government guarantee. Maybe a business-lending government guarantee would help.
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This is the sixth successive season of failed rains in an area of East Africa already hit by its worst drought in 20 years. Some 20 million people face starvation in vast areas of Kenya, Somalia and Ethiopia, the UN has already warned.
([http://news.bbc.co.uk/2/hi/africa/8417516.stm])
Our dairying/forestry/tourism economy might just die in a similar situation. Remember the year that Ruapehu got hardly any snow and the ski operators and lodges almost went under? Imagine it after six years. -
They have always said that they will bow to their business owning wealthy 47 years or older backers when they get in a second time. it's always been the plan. It's not a fire sale, they have already secured their Fay Richwhites and we're suddenly up-for-sale for some reason. The foreigners can buy our land as well if they want. why not? In twenty years' time our parents will be leaving us with nothing in most cases. Over 50% of those over 65 have no assets beyond property and many of them have nothing. that's the scary bit. And to keep up with their own personal Joneses and to live out the kiwi dream they'll also retire at 60 or 65 and die leaving us nothing but power bills and water rates.
We're screwed...
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The boomers paid for Muldoons election bribes - supporting farmers (average farm value $3 million today), superannuation and 27% interest rates. They are now joining in and borrowing up big to ensure that their house prices don't drop and are actively planning to give less to my childrens' generation. If they sell off our water supply, energy utilities, public transport, ports etc etc you really need to wonder what our kids will be left with.
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At least inter-generational theft is being discussed openly especially by commentators like Bernard Hickey. The definitive work on this was done over ten years ago (1996) by David Thomson of Massey University - he published a book calledf "Selfish Generations" on the issue (hat-tip to Sacha).
Apparently it finds that the thieves are the generation born 1920 - 1940, rather than the baby boomers.