Ireland? What about New Zealand?

[oldrider]

As a nation, are we looking ahead and thinking enough?

http://www.youtube.com/watch?v=Ing8xH3Qj-k

When we wake up, will it be too late, or have we missed the boat already!

[twinbruva]

As a nation, are we looking ahead and thinking enough?

http://www.youtube.com/watch?v=Ing8xH3Qj-k

When we wake up, will it be too late, or have we missed the boat already!

What boat?

[mashman]

it's only a country FULL of people . All of the money will leave town. The guy isn't wrong, there are other ways.

[avgas]

I preferred this one.

[fuknKIWI]

NZ doesn't have any snakes either

[Argyle]

This part of the world is under different banks and economy.

[NighthawkNZ:Me]

NZ doesn't have any snakes either

Yes we do, we just call them politicians...

Been saying this for years...

[oldrider]

This part of the world is under different banks and economy.

Can we really be sure about that and how would we know?

To whom are they in debt, (our banks and economy) remember he who pays the piper calls the tune!

[James Deuce]

This part of the world is under different banks and economy.

No it isn't.

[Usarka]

I was in a lecture in 2004 where a very senior and respected NZ economist was drawing pararraraalalallels with our economy and the (then) recently tanked argentinian economy and saying there were a lot of similarities and we should be concerned.

He also said we had a couple of small factors on our side BUT the longer the boom goes and the higher the debt gets, the bigger the possible bust.

[admenk]

BUT the longer the boom goes and the higher the debt gets, the bigger the possible bust.

Bigger bust??......now you've got me interested......

[Banditbandit]

I was in a lecture in 2004 where a very senior and respected NZ economist was drawing pararraraalalallels with our economy and the (then) recently tanked argentinian economy and saying there were a lot of similarities and we should be concerned.

He also said we had a couple of small factors on our side BUT the longer the boom goes and the higher the debt gets, the bigger the possible bust.

Uuuummmmm .. you believed your University lecturers ????

Wanna buy a piece of King Country swamp land ?

[Usarka]

Uuuummmmm .. you believed your University lecturers ????

Wanna buy a piece of King Country swamp land ?

He was guest lecturer - chief economist at one of the big banks at the time.

But he also said economists don't know what they are talking about.....

[ellipsis]

.....most kiwis in my opinion have lost their marbles...their sense of political direction and a hell of a lot of the good things my dad and others worked and fought like fuck for.....but we have never lost our spuds....

[Brian d marge]

O rose you are sick
the worm that flies through the night
in the howling storm

found your crimson bed of joy
and with dark secret love

Does your life destroy..........Blakes poem to the rose seems fitting ....

debt allows us to have that big screen tv , or that new motorbike ,,,,or an Education

it also enslaves people and in one way i am happy to hear that man speak , as Ive been banging on about the same thing since the late eighties

Now, Sorry ,, but Im all right Jack. As I moved and made life choices to reduce my exposure. So personally its all good ,

but the selling of state assets will not be any good for anyone , no matter WHAT , ..you increase the size of the farm to export more..... then how will the run off be managed ,,the water needed to sustain these increased yields ????

These are just examples

No I wonder about Maori , the so called Keepers of the land , where are they ? yes there are small pockets of ( I think) ill informed people doing what they think best but where are the political leaders ? when crafer farms gets sold to the Chinese ( who are safe guarding their future buy buying land and resources globally )
where are our moari leaders to say this land is the land of our ancestors , and CANNOT be sold or misused.???

There are some wonderful New Zealand people , that are much smaterer than I and have been banging on about this as well I quoted Professor Jane Kelsey in a document I wrote a while back and will try and attach below

my blog ;

http://mustnt-grumble.blogspot.com/2...k-to-well.html

( if someone knows how to lay it out properly I would be grateful I sort of stuffed it up ,,,,I might actually start a new blog and cut and paste it in the right order )


yaddada yadda until.............Here the point in time I think it went silly and the we lost all control ....

1971 Aug 15, Pres. Nixon suspended conversion of dollars to gold and imposed a 90-day price, wage
and rents freeze and 10% import charge. He also cut various taxes and expenditures. This marked the
end of the gold standard and fixed exchange rates.
1972 The Chicago futures market first began trading financial derivatives

So ( from my blog);
Major national assets are transferred to private corporate owners who have primarily very short-term
goals which result in sub-optimal decision-making in times of economic stress, particularly in respect
of strategic assets.
Greatly increased disparity between the 'haves' and the 'have-nots'.

Increase in attitudes of selfishness and 'me first' in the populace, more crime.

Significant geographic regions of the country are severely depressed economically.

Large decrease in all sorts of public service available as of right, resulting in a reduction in standard of
living that is difficult to quantify - one example is information from the many Departmental libraries
that there used to be - gone, or with highly restricted access.

The bargaining powers of wage and salary earners are mostly minimized in the employment world as
unions are disabled and power is vested mainly in the hands of employers; on the face of it, giving
employees the power to negotiate for themselves seems like doing them a good turn; but most
employees have neither the skill, inclination or association of numbers to negotiate effectively for
themselves. They are easily 'picked off' in isolation. 'Divide and conquer' applies in full measure.

This to me is Poverty and generational problems are;Masochism,Authoritarianism,Lack of
participation in Local issues, Passivity,Low need of / for Education, Finally, Fatalism ,, ( Mr and Mrs
Right Now ). This is a generation cycle and I feel a direct result of the reform implemented by The
fourth labour government .

What should we do from Prof Jane Kelsey's book;
Take economic fundamentalism seriously ..
* Nip it in the bud ..
* Be skeptical about fiscal and other "crises" ..
* Watch for the blitzkrieg ...
* Remember, the conservatives are not always the worst ..
* Take economics seriously ..
* Expose the illogic of their theory ..
* Evaluate the arguments carefully ..
* Challenge hypocrisy ..
* Expose 'stacking of the deck' .. ( I am not sure what this is )
* Maximize every political obstacle ..
* Maintain a strong civil society and popular sector ..
* Work hard to maintain solidarity ..
* Do not compromise the labour movement ..
* Employ the politics of political embarrasment ..
* Reinforce the concept of an independant public service ..
* Encourage community leaders to speak out ..
* Avoid anti-intellectualism ..
* Establish well-resourced critical think-tanks ..
* Develop alternative media outlets ..
* Raise the levels of popular economic literacy ..
* Educate popular and sectoral groups in advance ..
* Resist 'market-speak' ..
* Be realistic and avoid nostalgia ..
* Be pro-active and develop real alternatives ..
* Re-think identity and alliances ..

ACC is just the tip of the iceberg


Long post sorry folks but its just MHO...

Stephen