Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Thursday, 28 November 2013

The madness of pouring money into a hole in the ground

Human beings do some incredibly stupid things as we all know, and the current NZ Government is not immune to this malaise.

At present they seem obsessed with pouring money into all sorts of holes in the ground. In some instances they are doing this literally and in others figuratively. However in all cases the practice makes no sense when the longer view is taken.

Unfortunately when you have a Government that is headed up by a money trader you are going to see policies that are driven by the desire to reap short term gains and to hell with any ‘collateral damage’ that might be caused by chasing those gains.

Under this sort of management anything that doesn’t bring the cash that will enrich the drivers of those policies and their mates is expendable.

This is the philosophy that allows companies such as Anna Dark Knight to plunder the depths of our oceans in search of 20th Century fuels for the 21st Century.

We are told by the Government that if we allow these modern day environmental rapists to drill ginormous holes in our seabed we will all get fabulously wealthy and live happily ever after. In true Nelsonian style Jianqi has hoisted his telescope to his squinty little eyes after first sticking a large banknote over the lens which is bad enough, but he wants all of us to look through it as well without removing the distraction of the cash first so that we can see the real picture.

A conspiracy has been hatched to massage the figures so that we are not being made aware of ADK’s track record and the true number of ‘incidents’ that have occurred as a result of their drilling operations. The EPA (Environmental Prostitution Agency) has pimped us to these people based on the directives given to it by the Government. Figures with dozens of zeroes at the end of them have been bandied about in an attempt to dazzle us with their bright shiny nature and imply that we will all get a big share of the dough. This is going to happen via the trickle-down effect which is the system where the earnings all go to the rich who drink up large on their bounty and then piss on the rest of us.

Meanwhile the enormous pachyderm sits in the corner waiting for the day when he inevitably has to take a dump and we end up spending any gains we might as a nation have made trying to mop up somebody else’s shit from our ocean. However that won’t bother Jianqi and his bunch of vagabonds because they will have all made their money and buggered off somewhere else leaving us with the mess to clean up and still not a cent better off.

Some might say our Government is not putting any money into this particular hole and that it is ADK that is pouring money into it instead. But our Government has sold these resources to ADK extremely cheaply when compared with most other countries in the world and when it all goes wrong that is when they will really have to chuck a load of money down a very deep hole.

But not content with chucking millions or possibly billions down into the ocean Jianqi is also feverishly doing the same with large holes in the ground looking for another form of ‘black gold’. The only difference here is the scale f the operations and the fact that this particular product is 19th Century fuel for the 21st Century.

Instead of damage to the marine environment we are gearing up for damage to the land, gas explosions, collapses, and further fiascos of the Pike River variety.

Once again the usual suspects will be the only ones who will be enriched and as usual the taxpayers will pick up the tab for the damage when it inevitably occurs.

But I said earlier that money is being also chucked down what I call figurative holes and it is these holes in which you will find the key (geddit) to what is really wrong with this Government.

One of the smaller examples of this earlier this year was the $250,000 they spent on trying to get Grocer Tim a job at the WTO (World Twats Organisation). In the overall scheme of things this is a paltry sum; but try telling that to an NZ Post worker who is about to lose his $30,000 a year job because the Government is hell-bent on running the company down so it can be sold to another of their cronies.

Of much more concern is the money that is being thrown at our farcical attempts to get a spot on the UN (United Nitwits) Security Council is one such example. If ever there was a waste of public money on a grand scale, then this is it. The figure of $25M has been thrown around and although Jianqi doesn’t want to get specific (why not it’s OUR money?) it seems this is probably a bare minimum that will be spent on this programme.

So we don’t have enough money to run our health sector properly but we still have a lazy $25M to waste on trying to get a seat on the world’s most toothless organisation where any one of the permanent members can use their power of veto to stop anything we might want to bring up there. Was there ever anything more pointless upon which to spend $25M?

But this is chicken feed when compared to the costs involved in selling off our assets. $100M was apparently spent on selling 48 percent of Mighty River Power, which the Bill Nospeakada English is claiming as a victory netting 1.6B for the Government. But that is not taking account of the loss of profits from a very large company such as Mighty River. In 2012 the net profits were over $83B and 48 percent of that is nearly $40B. Of course there are other costs to come out of that, but I am sure you get my drift. More money down a very large hole that was spewing money in our direction but instead is now feeding the overfed.

Despite claims that money is tight and ‘we are not out of the woods yet’ our Government is spending truckloads of money on every magic bean it can get it’s grubby little paws on despite the fact that none of them are going to germinate and produce a plant that will nourish the nation.

Meanwhile the greater majority of us are being told to save our money (what money?) and tighten our belts – but we all had to change to braces years ago to hold our increasingly roomy trou up. But the porkers at the public trough cruise along on the largesse of the Remuneration Authority who has kindly given them another pay rise backdated to the middle of the year.

I know what I’d like to throw into a big hole.



Monday, 14 May 2012

It’s only money


The world seems to be universally in turmoil at the moment over the Global Financial Crisis. Having said that; it is interesting to not e how conveniently the GFC is invoked when Governments are asked to do something that will benefit the largest number of their constituents. You will notice how it magically evaporates when they want to tell you how why it is fine to get tough with beneficiaries who should just ‘go out and get a job’ (where?).

It is truly sad that so often our worth, or quite often our self-worth is defined by the abundance or otherwise of our financial wealth. We’ve all heard people say, “It’s only money” or “It is easier for a rich man to go through the eye of a needle than for a camel to enter the Kingdom of God’ (or some such), but as Berry Gordy once wrote, “The best things in life are free; But you can give them to the birds and bees; I need money”

And although money is only a symbol of the material world; for most of us that’s the one we are living in. It can’t buy happiness but most of us would prefer to be unhappy with it than unhappy without it. But I digress....

Money exists in great abundance and despite the fact it has very little value, given most of it is fiat money and of no real value to most of us. Governments know this because they gave the orders to print the stuff, yet they still go to extraordinary lengths to make sure you and I and anyone else not part of their club don’t get our hands on any of it. They will spend large sums of money to ensure ordinary folk don’t get any. Sounds crazy? Well check this out.

Some of you may recall a fight between the Ministry of Health and parents of disabled persons who were caring for their offspring full-time. The MOH had decided these people were not entitled to any payment for the care they were giving despite the fact many had given up their paid jobs to look after their kids and were effectively easing the burden on local services. The issue had been in the ether since about 1999 and in 2010 a group of carers took their case to the Human Rights Review Tribunal. The Tribunal ruled the Ministry’s policy not to pay carers who were related to the patient discriminatory.

The Ministry was not prepared to give up and appealed the Tribunal’s ruling to the High Court where the Office of Human Rights backed the caregivers in early 2011. The High Court also ruled for the parents explaining that by being excluded from paid work meant they were being treated differently because of their family status and that treatment was discriminatory.

So the Misery of UnHealth has been through two hearings both of which would have cost a lot of money and they’ve lost both times. But do they give up and do the decent thing and pay these tireless and selfless workers? Do they ‘eck as like.

Immediately following their second loss the MOHOFOSOBOs up the ante (and the cost to you and me – but heck it’s only money) and appealed the High Court decision to the Court of Appeal.

The whole sorry saga arrived there in February this year and has been decided once again this week. The Court of Appeal confirmed the High Court’s decision in favour of the parents.

According to Fairfax Media this case has cost Crown Law $1.4M so far and the whisper is the mean-fisted, tight-arses are likely to appeal this decision to the Supreme Court, now. But then I don’t suppose we should expect anything else from the Minestrone run by that horrible little oik Toenail Vyle.

Now it’s important to remember here that this is the Government that sets great store by money. It’s never out of their conversation. The budget is to contain provisions for getting students to pay their loans back quicker; we can’t have public service television because  we don’t have the money for it; we need to sell our best performing state owned businesses to get some quick cash; we need to change the gambling laws so SkyCity can spend millions building a convention centre they will charge us to use......Listening to them you would think there was nothing else in the world except money and that money was the sole answer to all our problems. So if we believe them (and let’s face it we are a pretty damned credulous country); then how is it that the parent caregivers don’t need any money for what they are doing? Their job is tough mentally and often physically, is 24/7 and offers no perks. Compared to them our useless Government Ministers have got it easy and they insist on being paid six figures (not including the cents) to do their job. How would they like the roles reversed. I’ll bet they wouldn’t do their job for nowt. But why shouldn’t they? After all; it’s only money.

Wednesday, 20 July 2011

Slightly used country going cheap

We ought to just put up the for sale signs now. Or perhaps if we are hell-bent on selling out, we could list our country on TradeMe

Former currency trader and lifelong money geek JiangQi has found new markets to exploit while traitorously selling out his homeland. Currently he is seeking photo opps with Barack Obama; though why he would think a big cheesy front page spread alongside a man whose country is even further down the gurgler than our own is good publicity I’m buggered if I know.

Although I suppose that is just my old fashioned attitude showing through. When I were a lad, going broke or being adjudged bankrupt was not something we aspired to. For some odd reason we saw it as failure if your business enterprise went tits up and bankrupts were not wined and dined by political leaders. These days it would seem to be some sort of badge of honour and I think many vie with each other to see who can leave the largest number of unsecured creditors thrashing about with no lifeboat in sight.

So those who have any plan to cast a vote (and see what you might catch) in November, should pay attention to what this fly boy and current polls leader has been up to. Then ask yourself if this is in the best interests of New Zealand?

The first destabilising thing he and his cronies have been up to is all this bollocks about free trade deals with what seems to be almost every country that uses child labour and has no labour laws or health and safety regulations. China and India are both soon to flood our country with their cheap nasty products made by 9-year-olds in disgusting conditions and therefore able to be sold for less than the cost of five minutes of one of our workers’ labour.

That should do heaps to solve our unemployment problems.

Next they want to sell off a whole load of assets. We’ve been there before and it’s nothing short of a miracle we have anything left to sell. This selling off is a two edged thing too, because not only are publicly owned assets earmarked for sale; they are also selling off as much of our productive land as they possibly can to the likes of Chinese dairy operations. And as if that wasn’t enough they are offering offshore mining opportunities to Brazilians who if things go wrong could make our eyes water a lot more than with one of their famous waxings.

More brilliant plans to put us firmly in control of our waka.

In the middle of what is referred to as our dire economic circumstances when we are told there isn’t enough money to fund health or education or anything else important adequately we find Billy Bunter Browneye has given his mates some ripper cream buns for tea. Despite a limit of $655 per day for the chairman and up to $415 per day for the rest, he has paid his old mates on the panel set up to monitor the Christchurch quake body more than twice that sum. Using what are essentially wartime powers enacted straight after the disaster and ‘in the national interest’ or rather more likely ‘in National’s interest’chairman Sir John William Hansen gets $1400 per day and the rest of them including Jenny Shipley get $1000 each per day.

That should help get Christchurch back on its feet much quicker than if he had just paid the amount specified in law, eh?

You’d think all that stuff was enough, but our lisping leader has even more up his sleeve. It now appears that we have had more activity from Mossad agents and they were present in Christchurch before during and after the earthquake. They were uncovered when their vehicle was hit by rubble and the survivors decamped leaving a dead colleague with a nice collection of false passports in his possession.

The buzz is that the SIS got onto it and has been making enquiries to see if these bastards got up to anything like hacking into our (so-called) intelligence information. If it had just been some dude with a bunch of passports we might have just thought him to be a common criminal (rather than an uncommon one). However the Israelis kind of blew it by sending a couple of ‘search & rescue’ teams over that had no UN accreditation, which was suspicious in itself. However what really blew the lid was when one of the teams was confronted by armed Kiwi patrols INSIDE the red zone and escorted out.

The Prime Prick refuses to discuss much about this saying it is not in the national interest for him to do so. Once again I think it is more likely ‘not in National’s interest’.

In the absence of any real information here we can only speculate (as we will in an information vacuum) that it is not in HIS interest to do so, because it might uncover something else he has been up to with the Israelis that he won’t want us to know about.   

This is not the first time Mossad have been found in NZ with no reasonable excuse and the fact that JiangQi refuses to do anything about it, suggests he has things he wants to cover up here. I don’t know what, but like I said at the beginning; he is a money man and the Israelis are pretty well connected in that regard, so maybe that’s the link.

In any event what this little turd is doing is called treachery. The penalty for traitors used to be much worse than electoral death. But as the scaffold is no longer around, let’s hope the voters can reclaim some of our sovereignty in November and dump this pillock back into Civvy Street. The only problem is; the heirs apparent are getting a little thin on top.