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[sharechat] Re: Economic Whatever


From: nickk@quicksilver.net.nz
Date: Sat, 07 Dec 2002 10:29:40 +1300


Oh........the 'third way'!  That is the famous economic modelling proffered 
by Tony Blair and his now basket case english economy where the FTSE has 
gone from 6500 to below 4000. 

By the way..........what is the third way?  Helengrad never defined it apart 
from putting it on a piece of paper.  It is a big illusion.  The wealth 
redistribution programme of the current government is making us poorer.  To 
use a common thread "you don't make the poor rich by making the rich poor". 

Wait until the greenies push their agenda over 'global warming'.  
Ratification of the Kyoto Protocol will be the next worst thing to 'think 
big'.  It WILL spell disaster for this country. 

As for Fonterra...couldn't care what happens.  What happens is what people 
dictate will happen.  No bureaucrat or politician should replace their 
judgment with that of the owners of the company.  I would love to see it 
list on the stock exchange.  Give Telecom some heavy weight competition at 
least.
Cheers 

Nk 

prhughes@value.net.nz writes: 

> Nikki and Ruth 
> 
> The capitalism which you are quoting does not belong to either 
> Morgan or Greenspan, but to Bentham and Ricardo and others.The 
> gross inequalities of that time eventually led to Socialism and the 
> Command Economy(Russia). For every action there is always a 
> reaction.
>  
> Personally, I wouldn't want to live under pure capitalism or 
> communism. I think (I don't know) but the majority of NZ prefers the 
> middle way. Sure that doesn't  please everybody. but what does?
> All changes take time, and along the way there will be many 
> imperfections. 
> 
> I have a little puzzle for you. What do you think may or could 
> happen to Fonterra in the future. Will they perhaps list on the 
> stockmarket, and who would love to get their hands on it. 
> 
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