General Debate 30 December 2007

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pdm

Last night I gave some advice to D4J and James Sleep about their vendetta over the last couple of days. I thought the following might als be something they both could take on board:

THE MAN IN THE MIRROR

When you get all you want and you struggle for self
and the world makes you king for a day
then go to the mirror and look at yourself
and see what that man has to say.
For it isn’t your father, your mother, or wife
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December 30, 2007 12:05pm
Michael E

The full peom, by Dale Wimbrow (not Michael Jackson):

http://users.lmi.net/wilworks/ehnlinx/guyglass.htm
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December 30, 2007 12:14pm
pdm

Bugger iI sent it half cocked. Here we go again

THE MAN IN THE MIRROR

When you get all you want in your struggle for self
and the world makes you king for a day
then go to the mirror and look at yourself
and see what the man has to say.

For it isn’t you father, your mother, or wife
whose judgement upon you must pass,
but the man whose verdict counts most in your life
is the one staring back from the glass.

He’s the fellow to please never mind all of the rest.
For he is with you right to the end
and you’ve passed your most difficult test
if the man in the glass is your friend.

You can fool the whole world down the highway of years
and take pats on the back as you pass.
But your final reward will be heartache and tears
if you’ve cheated the man in the glass.

Anonymous.
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December 30, 2007 12:21pm
James Sleep

We have made up. I made the mistake of asking him how his kids were.
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December 30, 2007 12:21pm
pdm

Thanks for providing the link ME.
A slightly different version to the one I have.

James S – I saw you had made up with D4J.
However, given the history of both of you firing off without thinking or consideration for others you should still take heed.
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December 30, 2007 12:25pm
James Sleep

Ya – I have a new blog to keep me busy.

Check it out kk – newzblog.wordpress.com
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December 30, 2007 12:27pm
krazykiwi

james, checked it out. well done. will mark for visit from time to time.
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December 30, 2007 12:40pm
James Sleep

Thanks
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December 30, 2007 12:48pm
kehua

Can anyone out there tell me what thr latest figures for overseas borrowing of this government are? Thanks.
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December 30, 2007 2:24pm
James Sleep

Well I will tell you it will be a larger sum under National.

National will borrow to deliver tax cuts.
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December 30, 2007 2:27pm
dad4justice

Yes kehua, I would be more than interested to know that figure myself as I’d hate to hazard a guess ?
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December 30, 2007 2:31pm
Insolent Prick

James,

I couldn’t help but notice that this is the second time you have link-whored your new blog at Kiwiblog, in just two blog posts. I also couldn’t help but notice that you haven’t yet link-whored your blog at the Standard, which your last comment there claims is “fucking brilliant”.

Don’t you think you would get more sympathetic readers to your blog, and a better reception to your link-whoring, if you did it over at the Standard?

As for your claim that National will borrow to fund tax cuts, you should know that the government surplus will top $9 billion this year. I very much doubt National intends to offer $9 billion a year in tax cuts. As long as there is a government surplus, crown net worth will increase, not decrease.
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December 30, 2007 2:33pm
reid

How would people feel about increasing GST to say 35% and eliminating income tax?
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December 30, 2007 2:41pm
dad4justice

Reid, anything would be better than the IRD rort department , legal mobsters , anything to get rid of them .They dwell in the totally inefficient and dumb arse bureaucratizations that are fill of simple blugders , small minded pea brains that make up big sister gummint .
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December 30, 2007 2:47pm
dad4justice

No rates f##k the councils as well .
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December 30, 2007 2:49pm
James Sleep

IP – No, not a cash surplus – there is a huge difference.
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December 30, 2007 2:54pm
dad4justice

James Sleep the Liarbore Wonder boy ; Talking about ” cash surplus ” doesn’t the caustic history teacher have enough money in the coffers that equates to $4K per head of every kiwi ?
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December 30, 2007 2:57pm
James Sleep

Um – 2.6Bil will not give everyone 4k each
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December 30, 2007 3:03pm
dad4justice

I am so sorry James, as I just thought that a town the size of Ashburton is currently leaving New Zealand and I just thought when it comes to the caustic history teachers election bribe, that a town the size of Christchurch might be on the outta here hydroplanes ? Silly me, where’s the money honey ??
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December 30, 2007 3:11pm
slightlyrighty

James.

I note that you are a believer in the Cullen claim that National will borrow to fund tax cuts.

Cullen seems to think that infrastructural costs should be paid for up front. By saving that money to pay for such costs upfront, that infrastructure is delayed, causing the cost of that infrastructure to grow, which then requires more saving, which delays the infrastructure and so on.

Think about it James. You would not save up to pay for a house outright, because by the time you could never afford it. That is why you borrow to buy a house and pay for it over it’s lifetime.

By borrowing to pay for infrastructure, you get the infrastructure NOW, and it is payed for over it’s life by the people who use it, ie that taxpayer, using much smaller amounts spread out over a longer time. The end result is that the Government only needs to take enough tax to service the debt, and not chase an infrastructure cost that is getting further and further away.

Makes sense to me.
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December 30, 2007 3:46pm
Pascal

James, do you have proof to back up your assertion? No? Thumbsuck? Thought so.
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December 30, 2007 3:51pm
dad4justice

Hey sonic watch anyone else noticed the thing on blogosphere ? I chased it away from Harry’s , and hitch’s mob are getting a hammering over the Billary Clint side show act ? The red team looks rather wobbly at present .
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December 30, 2007 3:57pm
Tina

Heads up Dave….this is going to be worth the price of admission.

Maybe Steyn won’t destroy the “commissioner’s” self esteem entirely
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December 30, 2007 10:02pm
Tina

Oops

http://media.nationalreview.com/post/?q=OThmMDcyNjg1NDc3ZTE4NWFiMmQ0NjYwZDUwYmUyZDA=
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December 30, 2007 10:02pm
calendar girl

I agree, slightlyrighty (3.46pm). Michael Cullen’s insistence on funding infrastructure from current tax revenue has two profound effects:

1. (A purely political one) It provides him with a delusionary mechanism to discount substantially the true extent of his very large fiscal surpluses, thereby justifying – in the eyes of the financially illiterate – his 8-year refusal to ameliorate the negative economic impact of excessive taxation.

2. The front-loading with cash of capital investment has the effect of transferring to the present taxpaying generation the full cost of infrastructure from which future generations will continue to derive valuable use. The appropriate investment approach would be to gear major infrastructure projects (i.e. incorporate debt at an undemanding level, say 40-60%), to spread the capital cost over the life of capital assets so created.

Both misguided effects are grossly unfair to current taxpayers. They are also economically unorthodox, for all Dr Cullen’s frequent claims of “fiscal prudence”.

It is eminently prudent for Dr Cullen to front-load the cost (through the so-called Cullen fund) of an actuarially-predictable future bubble in pension costs (i.e. revenue costs). That policy is legitimate because today’s taxpayers will both cause and benefit from tomorrow’s pension bubble.

It is not legitimate for Dr Cullen to hoard excessive tax income (using highly unorthodox cash funding of large-scale, inter-generational capital expenditure) in order to spring selective social spending “initiatives” at a time of his electoral convenience. That cynical political “strategy” is not compatible with the heavy responsibilities of a Minister of Finance.
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December 30, 2007 10:30pm
clintheine

On another note, did anybody see that Labours good buddy Owen McShane got awarded as an Officer of the New Zealand Order of Merit.

I’m baffled at what he has done to deserve it, apart from his $300,000 he gave Labour to keep Dear Leader in. Hmmmn, anybody else care to help me on this?
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December 31, 2007 7:39am
cha

Owen who?.
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December 31, 2007 9:25am
kehua

clintheine, McShane doesn`t deserve that insult. I think you mean Mr Glenn from Monaco, talk about buying titles, mind you if Tony Blair can sell them why not Helen. Great to hear Tim Shadbolt and Tim Dwyer roasting the Bill on ZB this morning, they were both seriously into Labour bashing. Bring it on.
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December 31, 2007 10:19am
john

Happy new years eve to the bloggers posting on Mr Farrars blogg i feel sick for doing this but have a happy new year to the left, sigh people like sleep ,sonic ,???? and the rest of the confused, remember 6 years to you pay for my pension, go sleep WORK HARDER, or go to school JOHN
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December 31, 2007 6:44pm
john

happy new years eve D4J, and the rest of the BRIGHT posters, and again to the confused left posters, remember stalin killed more left friends than right (THREATS)
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December 31, 2007 6:52pm
dad4justice

Happy New Year John, 2008 the year of huge change . Have a good night dude.
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December 31, 2007 6:56pm
clintheine

Ooops, what was I thinking!! Owen Glenn I meant 🙂 It was written in front of me and I still was thinking about the other guy!!

My bad.
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January 1, 2008 12:45am

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