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Thread ID: 66730 2006-03-05 21:05:00 Proof, that most of us on middle-incomes are going backwards KiwiTT_NZ (233) PC World Chat
Post ID Timestamp Content User
435838 2006-03-06 21:06:00 Imports of "2 year life span or less" products is just rampant consumerism and we actually need rampant production of services and products.
Exactly. This is the issue. In short we, as a nation, need to stop buying crapola products from the Warehouse.
andrew93 (249)
435839 2006-03-06 21:08:00 I just don't know, I was hoping you could give some guidance, but I think you are more inclined towards no government? :lol:

I didn't mean to disparage Sam Morgan in any way, no, not at all . He has done well .

It just shows that despite the machinations of various governments, you can't keep good, bright, clever people people down . They will rise up and succeed . Look at the clever people in the film industry, the Oscars last night etc . News on morning radio about a world beating super sniffer device that was spawned out of Canterbury University .

However, the great unwashed masses ( :) ) on average income need to be led and guided, and have job opportunities put in front of them .
They cannot think for themselves in the same way as the brighter 'entrepreneurs' .

But then equally the entrepreneurs need watching so that they dont use their brightness to cheat and rip off the rest of us .

No T I am for small government .
Why would you say we are for the Morgan fellow and not the rest of the rich people of NZ?
We must assume they came by there wealth legally .
There are always rascals out there in the market, but you will agree that is not the norm .
We are getting a bit of contradiction here, you tell us you can’t hold clever people down, but your science people, who you often quote as being the brightest seem to have let the side down .
Hong Kong with 400 square miles and 4 . 5 million people had one of the highest standard of living in Asia . It had no government direction of economic activity and no minimum wage . If they had used the NZ model they would all be dead .
In 1846 when the corn laws were abolished in Britain, it ushered in 75 years of free trade and the government only spending about a tenth of national income, Britain was at the apex of its powers and glory .
The point I am trying to make, is the above suggests to me that big gov . tends to stultify
enterprise and small gov . lets us get on with it .
Cicero (40)
435840 2006-03-06 21:53:00 [QUOTE=Cicero].....Why would you say we are for the Morgan fellow and not the rest of the rich people of NZ?
We must assume they came by there wealth legally.

I must say you live in a naive dream world Cic.

The established rich people in New Zealand, the Todds, the Fletchers, et al, became rich under the very over controlled, over regulated, import protected communistic system which you so despise and disparage.

Were were you during the 1980s, during the reforms, and the free for all of all the Judgecorps and all the other namecorps making money hand over fist out of imaginery stuff?

You obviously have not read one word of Andrews reference to the Tranz Rail Fay-Richwhite scandal.
Even now Richwhite faces insider trading charges, which at the most will be a wet bus ticket slap.

I will repeat the link here (64.233.179.104 org.nz/community/CAFCA/publications/Roger/Roger2002.pdf)

Where were you during the Wine Box enquiry, and the tax scams revealed there?
Only because the scam was not actually illegal under New Zealand law because of a loop-hole did prosecution for fraud not take place.

I just do not understand your comments about scientists letting the side down, one little bit, what nonsense, what rubbish.
Of course scientists are the brightest in their chosen fields of science, one would expect them to be brighter at nuclear physics than a woodworker, is that not so?

You will find that most often or not scientists are not "bright entrepreneurs", some are, as in any other field. Some are extrovert, most are just dedicated to their work.

.....ushered in 75 years of free trade.... my bum.
Try saying that to the countries from which the trade was stripped, and paid for in trinkets, blankets and cheap tin trays.

I will raise again the Chinese Opium wars, when opium trade was forced upon the Chinese at the point of a gun.

That is the other side of the coin.


Despite all that I enjoy our exchanges :)
Terry Porritt (14)
435841 2006-03-06 22:21:00 With all due respect, NZ is a pretty wealthy country. Most people enjoy a standard of living that can only be dreamed of by the billions in the Third World.
Most of our wealth comes from the primary industries. When farming does well the whole country does well and in 84 Douglas, the failed pig farmer, destroyed farming and so all those businesses that relied on it.


If we have a failing as a nation, it is the knee-jerk response to anyone who has anything more than average. Financial success is eyed suspiciously rather than celebrated. It's the tall poppy syndrome and quite why it is so strong here is difficult to say.
I get sick of this so called tall poppy syndrome. Michael fay and company are disliked for what they did and how they did it and people are justified in questioning if the likes of the head of Telecom really deserve the renumeration they get. I'm not suggesting they don't deserve more for the responabilities that they have, just the amount eg. when Roderick Dean was the head of Telecom he got the equivalent of 70 times the average wage and people ask "did he really do the work of 70 people", especially when the business was handed to him on a platter.


By contrast the Aussies and Americans are optimistic go-getters and their economies show it. Envy of the "rich" (meaning anyone who has more than me) is a corrosive and negative poison which divides our society.
You are welcome to the the USA debt.
mikebartnz (21)
435842 2006-03-06 23:15:00 [QUOTE=Cicero].....Why would you say we are for the Morgan fellow and not the rest of the rich people of NZ?
We must assume they came by there wealth legally.

I must say you live in a naive dream world Cic.

The established rich people in New Zealand, the Todds, the Fletcher's, et al, became rich under the very over controlled, over regulated, import protected communistic system which you so despise and disparage.

Were were you during the 1980s, during the reforms, and the free for all of all the Judgecorps and all the other namecorps making money hand over fist out of imaginary stuff?

You obviously have not read one word of Andrews reference to the Tranz Rail Fay-Richwhite scandal.
Even now Richwhite faces insider trading charges, which at the most will be a wet bus ticket slap.

I will repeat the link here (64.233.179.104 org.nz/community/CAFCA/publications/Roger/Roger2002.pdf)

Where were you during the Wine Box inquiry, and the tax scams revealed there?
Only because the scam was not actually illegal under New Zealand law because of a loop-hole did prosecution for fraud not take place.

I just do not understand your comments about scientists letting the side down, one little bit, what nonsense, what rubbish.
Of course scientists are the brightest in their chosen fields of science, one would expect them to be brighter at nuclear physics than a woodworker, is that not so?

You will find that most often or not scientists are not "bright entrepreneurs", some are, as in any other field. Some are extrovert, most are just dedicated to their work.

.....ushered in 75 years of free trade.... my bum.
Try saying that to the countries from which the trade was stripped, and paid for in trinkets, blankets and cheap tin trays.

I will raise again the Chinese Opium wars, when opium trade was forced upon the Chinese at the point of a gun.

That is the other side of the coin.


Despite all that I enjoy our exchanges :)
It's no good T,we will have to agree to disagree.
You maybe be brighter than Morgan when it comes to your field,who has the 200mill,there is brightness and brightness.
Bye the way I did mention that there will always be rascals about.
You are right I didn't read Andy's link,I am interested in causes not effects.
Cicero (40)
435843 2006-03-06 23:49:00 [QUOTE=Terry Porritt]
It's no good T,we will have to agree to disagree.
You maybe be brighter than Morgan when it comes to your field,who has the 200mill,there is brightness and brightness.
Bye the way I did mention that there will always be rascals about.
You are right I didn't read Andy's link,I am interested in causes not effects.

Of course you are right, it's a good job we do not all think the same :)

I suppose I could still design an air bearing, but wouldn't have the faintest idea of doing Morgans job, or making 700 million.

Just heard on the radio news that the NZ$ dropped to a low this morning, at under 65cents US.
If it drops down to the 55c level that KiwiTT_NZ hopes, it will be interesting to see what happens, and how the RB will cope with the resulting inflation. Will we be able to make and sell enough to take advantage?

Is 55c low enough to compete with Chinese prices?


You know there is a lot to be said for a high currency, provided goods and services are provided that other people want and will beat a path to your door to get at any price.

West Germany used to be in this position, a very high DM, yet they made and sold what other countries wanted. Switzerland was similar.

But then again, if one gets paid for goods in worthless peanuts, then it will not be surprising if we become a nation of monkeys!
Terry Porritt (14)
435844 2006-03-07 01:18:00 But then again, if one gets paid for goods in worthless peanuts, then it will not be surprising if we become a nation of monkeys!
We just have to open a few more call centres and I reckon we would be almost there!
andrew93 (249)
435845 2006-03-07 01:36:00 But then again, if one gets paid for goods in worthless peanuts, then it will not be surprising if we become a nation of monkeys!
Nothing like good positive thinking.
You are a worry T. ;)
So that's what html code is!
Cicero (40)
435846 2006-03-07 01:47:00 You are a worry T. ;)


It's similar to the difference between pricing on a cost plus basis which can be the road to ruin, or pricing on a value basis.

Now then, I can't remember, but it was Lord so and so, the chairman of Glacier Metal Company, the auto bearing manufacturer, and inventors of Glacier DU bearing material, who wrote one of the definitive books on value pricing.

IE. If the dollar drops too low, and prices of commodities are not adjusted upwards, then customers will just laugh at us, and all the farmers will have heaps of worthless paper money in the bank.
Terry Porritt (14)
435847 2006-03-07 01:57:00 [QUOTE=Cicero]... and how the RB will cope with the resulting inflation. If it only inflates imported goods, what is the problem. This may deter some of the consumers. KiwiTT_NZ (233)
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