The role of parents in financial education

[Ocean1]

I asked jon to help give me the answer before.

Hypocrite? I'm not defending the system... and I DO take my fair share of the blame, hence the reason that I have changed my mind in regards to supporting the current system. You're wrong again.

Say: "I DON"T KNOW". You'll find it very liberating, nobody else expects you to know anything, so there's no reason you should.

Neither am I. See: something else you didn't know.

There's a few more but I'll break it to you slowly.

[mashman]

What has that got to do with my question?

That wasn't in response to a question. Feel ready to answer the question I asked you a while ago?

[mashman]

Say: "I DON"T KNOW". You'll find it very liberating, nobody else expects you to know anything, so there's no reason you should.

Neither am I. See: something else you didn't know.

There's a few more but I'll break it to you slowly.

As I said, the answer is in a reply the question that jon didn't ask. I have no issues saying I don't know when I don't.

Where did I call you a hypocrite?

Go on, sock it to me, I'm pretty sure I can take it.

[Ocean1]

Where did I call you a hypocrite?

... not defending "the system".

[scissorhands]

A Civilised Society tv1 12.05am tonight

A Civilised Society - The Hollow Men
www.thehollowmen.co.nz/doco/acs.shtml‎
A Civilised Society. The war between teachers and the New Right over public education in New Zealand. This is the untold story of the epic struggle between ...

[mashman]

... not defending "the system".

How is that being called a hypocrite? I thought I used the term guilty of murder.

[mashman]

A Civilised Society tv1 12.05am tonight

A Civilised Society - The Hollow Men
www.thehollowmen.co.nz/doco/acs.shtml‎
A Civilised Society. The war between teachers and the New Right over public education in New Zealand. This is the untold story of the epic struggle between ...

Will record it. That Shock Doctrine, what I saw of it, should be shown in every single educational institute in the country.

[jonbuoy]

this thread just keeps on giving. Question for ya jon, ok, maybe 2. Where does a creditor keep their debtor information? A) In the debtors wallet or B) in a ledger... And when they want it back, do they have the right to take it out of a bank indiscriminately to pay back that debt? A) Yes. B) Yes.

Depends who you owe - if you owe the tax man/government or your own bank - yes they can take it out of your account. If you have a personal loan from anywhere else then no - they can try to take a direct debit if you set it up but your bank will bounce it once you reached your overdraft limit. You both usually get a copy of the loan terms and contract.

[oldrider]

The monetary system is well under control and synchronised world wide!

http://www.youtube.com/watch?v=UeCqzwNnqyk

Industry can produce like never before yet people starve!

We can send men and machines in and out of space with impunity, we can land men on the moon and bring them home safely!

But we can't get a monetary system to link it all together, without the need for war, booms busts and draconian austerity patch-up measures that don't work!

Does anybody really believe that the current system is the only way and it is the best that we can do?

It is after all the same basic system that has been in existence since the beginning of time and it's still tuned to benefit the same small % of people now as it did then!

Only the names have been changed, as they say, to protect the innocent! .... Yeah right!

[Winston001]

Mashie - I know you enjoy these arguments but doesn't it worry you that on a site with 4000 members, you have almost no support? Could it be that you are mistaken? Or are you convinced that everyone else is wrong and you are a lone messiah?

[scissorhands]

Will record it. That Shock Doctrine, what I saw of it, should be shown in every single educational institute in the country.

Maori TV showed a John Pilger doco a couple of weeks ago was a real cracker too. Good on them

[mashman]

Mashie - I know you enjoy these arguments but doesn't it worry you that on a site with 4000 members, you have almost no support? Could it be that you are mistaken? Or are you convinced that everyone else is wrong and you are a lone messiah?

heh... argument eh, and here was me thinking that I was offering an alternative. Almost no support, but there is support, both here and in the real world.

It's been 2 years since one of my first confessions... and at that point in time it was 50-50.. And this is KB.

It's common sense given the shit that passes for policy these days. You may disagree, yet the discussion isn't had at a political level for some reason? It is a viable alternative of that there is no doubt... and if the only argument that can be leveled against the idea is human nature, then it's a forgone conclusion that "my" system will win, because the majority of human beings still believe in doing what's right. Misguided? Too much faith in human beings that doesn't exist? @messiah

It can end poverty Winston. Is that not worth it?

[jonbuoy]

You know what's most surprising Mashman is your attitude that classes aimed at teaching kids how the modern money system works is fundamentally wrong. Have you at no stage thought that this could lead to MORE kids questioning the current system? Like I have said in the past in your other rants its not inconceivable possible for society to evolve away from money - its just that distributing resources fairly on a worldwide scale is far more complicated than you seem to accept. The idea that you can remove the banking and finance system we have overnight and people will carry on building cars, houses, yachts, jewellery and other luxuries just the way they are and it will somehow get equally passed around is ludicrous.

You seem to think people will fundamentally change and turn into selfless model citizens because you removed the money. If people were truly like that then the system would run as it is - people would turn down big paychecks, companies would agree to pay taxes for the greater good, criminals would stop stealing, rapists would stop raping, football hooligans would stop fighting the prisons would be empty. We would all hold hands and sing around the campfire. But that's not how we are at the moment. Money is not the root of all evil - unfortunately SOME people are.

[328FTW]

Everything you highlight happens now.

Exactly, because we're in a decently free market and those human traits show through. It's simply people making the system work for them either by fighting it, breaking it or working it the right way. So fundamentally I don't see what is solved.

[mashman]

Exactly, because we're in a decently free market and those human traits show through. It's simply people making the system work for them either by fighting it, breaking it or working it the right way. So fundamentally I don't see what is solved.

Here's a few things I prepared earlier

Free top quality Healthcare
Free top quality Education
The eradication of poverty
A HUGE drop in crime
Equity
Sensible Laws
Fewer Laws
Recession proof
No need for prostitution
Teens not getting pregnant to get a house
Green technologies would become affordable
Infrastructure would become affordable
Shorter working days
Less working days
More personal time
No reliance on insurance companies
No need to rely on a pension
Less environmental pressure
Safer communities
Doing things because they need to be done
You can be what you want
No manufacturing costs
No export costs
Higher building standards
Top notch sports facilities
The highest standard of living in the world
A free workforce
The ability to respond to natural disaster without waiting for insurance companies
KNOWledge shared, not silo'd for profit protection
Open competition
Unhindered innovation
No mortgages
No rent
No taxation

I wouldn't call that nothing