OnPoint: 2009: "Blithe" (Part 1)
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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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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. -
Herald defies Ranapia
Ah yes, the same people who made up an imaginary broadcasting standard because taking a few seconds to check the actual code on the BSA website was too much effort. Now, would you like to buy the Auckland Harbour Bridge, Sacha?
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Only if it's that spanking new one, Craig. :)
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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.
That's highly unlikely on a country-wide scale. We're a maritime nation. It's always going to be raining somewhere. Which doesn't mean that we're not going to see changing weather patterns, but short of another Ice Age that sort of drought ain't happening here. (Australia, now...)
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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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"Space" rockets, jetpacks, amphibious cars.
There doesn't seem to be a shortage of funding for (questionably) good ideas. I'm not sure the public purse needs to join in the fun.
Maybe bring back tax relief on R&D, though..
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Weren't they mostly busy having rationing and dying in world wars? Unless you count the expenditure on WWII and its aftermath, and I'm inclined to give them the benefit of the doubt on that one, it's hard to see where they had time to be selfish...
A romantic generalised notion, which some tickle their mind with, it lets them look fondly at their old granny, and caste scornful looks in the general direction of the parents.
I guess that large chunk of cash just sitting there, doing nothing, just waiting to be handed out to a bunch of selfish louts was just too tempting to resist for those politicians.
They lied to themselves first then the country. I've got this great idea, and I'll just use this money sitting here doing nothing(NZS) it'll produce an excellent return and will go straight back to doing nothing once I've completed this sure thing money spinner idea of mine. Yes it did happen.
The biggest con arsetist's always wore a suit and appear respectable. And people still fall for it.
Sorry Islander I meant '45 but typed '48.
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