Posts by DexterX
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Steve Barnes,
Deborah Coddington - shit - I thought you were she, here in aspirational disguise:
> "It is long past time for people who choose to live in this country stop their servile acceptance of glibly strung-together negatives about New Zealand. Kiwi modesty is fine, but self-flagellation with nihilistic criticism is simply a waste of time.
Seems to me like a similar codswalloping going on.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Sacha,
Dig.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to BenWilson,
I tend to agree by supporting the govt investing in the Cullen Fund. and people when they can looking at Kiwisaver - with a greater allocation of both invested in the NZ economy.
Compulsion isn't a good thing for most people at various stages of their life - particularly those parts of it when they are on or earning close to the minimum adult wage.
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I can hear violins and I am getting very dizzy.
"The horrid class of property investors who prey on them during this period are quite sickening.
Elder abuse is often done by children - I wouldn’t think "the horrid class" you are imagining would get a look in.
Either that, or tell people they can have Muldoon-level super when they agree to Muldoon-level taxes.
By the way it has never been that great - try living on it.
The asset-rich-cash-poor phenomenon is widespread. To me, the solution is not to force old people out of their homes, but rather to encourage the investment of a much larger proportion of our wealth into more liquid assets.
You mean by liquid the stuff that evaporates in a downturn or crisis.
Then people can stay in the home they spent a lifetime paying off, and have the cash with which to do it..
You have got to see the "irony" here - if it took them a life time paying it off then they would be dead at the end of that term a lifetime and they wouldn't have the cash not that they would need it they are dead - I'm not sure you can get a mortgage for such a period.
Now we are speaking for what is best for the “asset rich cash poor aged”, I guess they can’t make decisions for themselves.
If they are asset rich they have choices and no doubt more than one asset.
Gosh - If only we had a Labour govt they could make decision for “us” - forgive them Michael Joseph Savage for they know not what they do. Truly, I say to you, today you will be with me in paradise for you only vote Labour or sometimes party vote Green..
My Swing Voter, why have you forsaken me?Things certainly get fairly wiggy pretty quickly.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Stephen Judd,
My sons names are Morris Oxford and Austin Cambridge.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Andre,
The fact is that the currently retiring generation voted to end paying for superannuation beyond paying tax by installing Muldoon as PM
Speaking for the whole "cohort" and baling them are we?
NZ super has always been paid out of the general tax take.
The original "Sovereign Weath Fund" (created by Labour and bought to a halt by National,) even if it continued NZuper would have continued to have been paid out of the general tax take - it would have been a top up when needed.
The provision for National Super - when the economy is growing so is the tax take - it doesn't become the "massive problem.' when the economy is grwoting..
Economic management with a lack of a focus on growth is the problem.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Kumara Republic,
Without wanting to comment directly on these peoples' circumstance it doesn't seem to fit with what I call aspiration or what I apsire for in my life.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Kumara Republic,
You are speaking for yourself as a person with no aspiration?
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Steve Barnes,
What a load of codswallop.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to Sacha,
This is what English said in the house:
I don't think he spent all of last week saying it - he probably did a lot of other things as well.