Forum Archive Index - October 2000

[nickkearney <nk@xtra.co.nz>]

RIL

I read your stuff everytime and everytime I just about vomit - except
today.

I could not agree with you more.  Reading this I thought to myself 'this
may as well be me writing this'.

Perhaps I'll pay more attention to what you say from now on.  Now that's
a scary thought!  I am a huge fan of Gareth Morgan too. 

Every currency has declined this year against the US$.  The scary thing
is that we are the third worst.  You don't have to be a rocket scientist
to figure out that it is because of socialist policies.  Have fun over
the English winter.

NK

RIL wrote:
> 
> Did we get out of bed on the wrong side this morning
> Hughie?
> 
> The WEF is a common misconception among those who
> don't "drill down" into the heart of the matter.
> 
> Read Gareth Morgan's column in the NBR (which is sent
> to me in London) over the last few months for a much
> better explanation of the WEF than I can produce.
> 
> Topics covered: human flight, capital flight,
> stockmarket downturn, economic downturn, standard of
> living decline etc. etc.
> 
> Brash hasn't got a clue when he said it was a good
> thing for NZ.
> 
> But read a few of Gareth's articles before you take
> another swing at me.
> 
> NZ's problems are the result of liberalism coming out
> of the relatively wealthy sixties. NZ has to be
> smarter than any other country because it has probably
> the most disadvantaged of any western country. If you
> want to turn it around you are going to have to do
> some radical surgery, ie:
> 
> Slash taxes by:
> 
> Ending DPB for all new applicants
> Cutting the dole and medical benefits
> Cutting super
> Getting rid of nonsense ministeries like youth
> affairs, women's affairs and all the ridiculous
> quangos
> Adjusting the resource management requirements
> downward
> Closing two or more of your universities
> Repatriate all overstayers
> Bring in five hundred thousand qualified south
> africans of english descent over a few years (if they
> think things are better in NZ than there - a close
> call)
> Repeal the Treaty Act
> Forget inflation for a while and drop interest rates
> Set up powerful new ministry to monitor
> anti-competitive behaviour of rip-off privatised SOE's
> like Telecom and of course the price colluding banks
> 
> The above by my estimation could save around 10 bn.
> 
> Then cut corporate and personal tax and watch things
> begin to improve.
> 
> But the liberal chorus of course want things the way
> they are.
> 
> All in my humblest opinion, of course.
> 
> Cheerio.
> 
> PS Enjoyed the comments of Gunny Gordon C.
> PPS On second thought a pogrom against litigation
> lawyers could also be useful
> 
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