Gareth Morgan- What a Guy!

[gunnyrob]

Just heard on the news that Gareth Morgan, the motorcycling economist, is going to donate the $47 million he got from the Trade me sale to charity! This decision was determined largely from the experience he & Jo had when riding the silk road to China, and they will help many of the people they met on the way. They are both keen motorcyclists and are exactly the sort of ambassadors our sport needs. They are about to start a tour of the Backroads of America on bikes and will have a blog on their website, www.garethmorgan.com. I'm off to the bookstore to buy their book, "riding the silk road" as they are giving away all the profit from that as well. (Sort of like a Kiwi long way round, without the moaning!)

Give them a double thumbs up.::rockon:

[nudemetalz]

For sure, he is quite a guy.
If I do only half of what he has done before I die then I'll be happy.

I see he rides a F650. BMW's seem to be the machine of choice for world touring.

[Paul in NZ]

If this is correct. Big thumbs up to this man and partner! Sensational stuff! Now this man really deserves a DB and I vote him motorcycle personality of the year! Thats amazing!

[Pixie]

's funny.He used to be refered to as a raving,right wing monster by all the pinkos

[Sparky Bills]

He did always say he wasnt in it for the money.

Personally i dont think i could give away that much money.
But id never see that much money, so im in a different class.:brick:

[Finn]

's funny.He used to be refered to as a raving,right wing monster by all the pinkos

Exactly. Kiwi's love to label people with money as crazy capitalists.

Putting this aside, he's a better man than me. I never give a cent to charity. I did note that so far he mentioned giving money away to poor overseas countries. Wise move. Poverty in NZ is by choice in so many cases.

[skelstar]

Bloody good guy...but if you were going to give a signf amount of money away, would you tell the media? Was it leaked maybe? Or is he doing it to highlight poverty (or bike trips)?

Just a think.

[Paul in NZ]

Does it really matter why he is doing it? I work with charities and anyone of them would be glad of one dollar they didn't have to beg for!

Good on him!

I hope he invests the money and sets up a trust to give away the interest every year!

Cheers

[ManDownUnder]

Yes, amasing what some people do isn't it... and I'll bet he feels GREAT for doing it.

Top man - an absolute top man. If anyone knows how to find him, buy him a beer (or something) from me.

[HenryDorsetCase]

I agree entirely, top guy. Also I would like to do the trip he is doing (USA backroads).

I also think that his economic theory stuff (basically live within your means) has always been sensible. His view was often overtaken by the hype.

[Sniper]

He is a bloody great guy for giving away the dosh. Shows that having a motorcycle is a pathway to true happiness or something like that

[Colapop]

I'm a charity case... :whistle:

[nudemetalz]

Sheez, Col, your making me get my hanky out.....:cry:

I've got a Buell M2 Cyclone parked in my garage for the week not being ridden.......

[James Deuce]

Bloody good guy...but if you were going to give a signf amount of money away, would you tell the media? Was it leaked maybe? Or is he doing it to highlight poverty (or bike trips)?

Just a think.

Cynical bastard.

NZ has some quaint laws that require transparency of your net worth once you get over a certain "value".

He would be publicly listed. By donating the cash he ensures that it retains its economic worth within NZ (no tax), he publicly acknowledges bankrolling Sam's project (Trademe) so there can be no "confusion" about how Sam got his start, he already has "enough" dosh made from his own hard work, and he may inspire some philanthropy from other NZers who have "enough" money. He also publicly acknowledges his son's ROI, making it easier for Sam to keep on building the business he is still involved with, and that would be just about the ultimate investor's reference for any future project Sam gets involved in.

Gareth has looked after his own interests, his family's interests, and most importantly taken up a little of the burden that faces NZers and the NZ government in an essentially socialist government framework. That is actually looking after the less fortunate. Not that half the miserable shits on this site think that anyone who isn't perfect deserves any help. At least this doesn't have to come out of the miserable shits own pockets this time, directly or indirectly.

Just for once, it's all good.

[onearmedbandit]

Nah, forget all that. He just did it to get his picture on the front page of the Christchurch Press.

[Swoop]

Donation to charity...
I'd like to see his tax return this year then - he might have a substantial refund coming his way:rofl: :rofl: :rofl: :rofl:
Stick it to uncle helen!!!

[Drum]

“Real generosity is doing something nice for someone who will never find out.”

(quote from Frank A Clark)

[pritch]

NZ has some quaint laws that require transparency of your net worth once you get over a certain "value".

Eh? (Please note correct spelling of the interogative.)

If you are a politician maybe you need to disclose your assets.
The annual "Rich List" is only educated guesswork.

Not that any of this will ever bother me...

[HenryDorsetCase]

.

NZ has some quaint laws that require transparency of your net worth once you get over a certain "value".



I do not believe that to be a true statement. Please back it up.


.
Just for once, it's all good.

about gareth? I agree entirely.

[vifferman]

I'm off to the bookstore to buy their book, "riding the silk road" as they are giving away all the profit from that as well.
I mentioned to my wife I'd like to read that, and she bought it for me yesterday. :niceone:
I'm busy fitting an electronic speedo corrector at the moment, so I've yet to even look at it. :blank:

[James Deuce]

Eh? (Please note correct spelling of the interogative.)



Hah! A couple of people were paying attention.

A private member's bill demanding this for people who earn over $500,000 was introduced last year but defeated, if only barely. It will come to pass.

[Colapop]

Sheez, Col, your making me get my hanky out.....:cry:

I've got a Buell M2 Cyclone parked in my garage for the week not being ridden.......
But I am.... It's either a charity case or a basket case!

Oh you do? An M2 you say?

[The Stranger]

I did note that so far he mentioned giving money away to poor overseas countries. Wise move. Poverty in NZ is by choice in so many cases.

You are loosing it Finn.
No bites here yet.

[Harry33]

I wonder if this means some of the Charities can stop hassling me for cash everytime I go to the local supermarket.

I don't mind giving a few buck here and there when I can, but I'm amazed at the amount of charities that want you to set up a AP and give them atleast $30 amonth.

[Hitcher]

(Please note correct spelling of the interogative.)
It's spelt with two "r"s. What do I win?

[pritch]

It's spelt with two "r"s.

Bugger! I was just looking at that and wondering...


What do I win?

Green bling?

[nudemetalz]

But I am.... It's either a charity case or a basket case!

Oh you do? An M2 you say?

Yup, the owner is shifting house so he asked me to store it for him.
Nice loud V & H pipe on it.

[HenryDorsetCase]

Hah! A couple of people were paying attention.

A private member's bill demanding this for people who earn over $500,000 was introduced last year but defeated, if only barely. It will come to pass.


I disagree. From memory the PMB was one of the marginal jealous shouters (Winston First? Maaaaari party?). There is no political will to reintroduce it or anything like it. Even if it was Labour policy I doubt they could muster a majority on it, and National would be committing political suicide by supporting anything like it. There is no political gain to be had for anyone by doing it. There was also a proposal that private companies over a certain threshold would become subject to the same disclosure as applies for a public company. It was set at a relatively low threshold, and would have meant that companies like Ballantynes would have had to take their pants down in public.

If I might venture a personal opinion, people should be more concerned with making sure that they can get their heads down and bum up and earn some decent coin, instead of being jealous of someone who does. That is of course the basis of the disparity between the company tax rate (33) and the top marginal tax rate of 39.

the extra 6c makes very little impact on my lifestyle, but it fucking well irks me every time I make a tax payment. Which I do with monotonous regularity.

:(


Now the rant:


When I am in charge (sooooon) there will be a long list of people up against the wall, a complete ban on inherited wealth, and a flat tax of 20c in the dollar to fund essential stuff like Pleece and Army. No one will be allowed to vote, or become a citizen until they have served the country in some way, and they own real property. Those persons will be issued automatic weapons and free ammunition so as to protect their property.

A heavily armed society will be a polite society.

there will be no speed limits, but pleece will be able to enforce the existing careless, reckless dangerous provisions.

No demerit points, you either have a licence or not, based on your abilities, and if you are fined you get to nominate which social service you will support.

:tongue in cheek:

[Maha]

I think Mr Morgan should pick 40 of his fav' Kber's, donate to them ( Hello Mr Morgan, or can i call you Gareth ) :rolleyes: then give 7 million to charity. He would still be a hell nice chappy, and have 40 more friends....:cool:

[Madness]

Nah, forget all that. He just did it to get his picture on the front page of the Christchurch Press.

$47 Million for that?????? BARGAIN!!!!!!!
:doobey: :doobey: :doobey: :doobey: :doobey: :doobey: :doobey:

[SPman]

He has been quietly supporting various charities for years.

Still a raving, right wing monster, but cool about it........

:whistle:

[Hitcher]

Am I missing something here?

What is wrong, exactly, with the creation of weath? And having created wealth, what is wrong with deciding that you may want to redistribute some of this to truly needy folk?

And what is wrong with a belief in efficient and effective markets?

[oldrider]

Am I missing something here?

What is wrong, exactly, with the creation of weath? And having created wealth, what is wrong with deciding that you may want to redistribute some of this to truly needy folk?

And what is wrong with a belief in efficient and effective markets?

Only takes one word to explain: "ENVY"