General Debate 30 December 2007

December 30th, 2007 at 11:41 am by David Farrar
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32 Responses to “General Debate 30 December 2007”

  1. pdm (841) Says:

    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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  2. Michael E (274) Says:

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

    http://users.lmi.net/wilworks/ehnlinx/guyglass.htm

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  3. pdm (841) Says:

    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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  4. James Sleep (477) Says:

    We have made up. I made the mistake of asking him how his kids were.

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  5. pdm (841) Says:

    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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  6. James Sleep (477) Says:

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

    Check it out kk – newzblog.wordpress.com

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  7. krazykiwi (9,188) Says:

    james, checked it out. well done. will mark for visit from time to time.

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  8. James Sleep (477) Says:

    Thanks

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  9. kehua (225) Says:

    Can anyone out there tell me what thr latest figures for overseas borrowing of this government are? Thanks.

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  10. James Sleep (477) Says:

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

    National will borrow to deliver tax cuts.

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  11. dad4justice (7,339) Says:

    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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  12. Insolent Prick (417) Says:

    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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  13. reid (13,564) Says:

    How would people feel about increasing GST to say 35% and eliminating income tax?

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  14. dad4justice (7,339) Says:

    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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  15. dad4justice (7,339) Says:

    No rates f##k the councils as well .

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  16. James Sleep (477) Says:

    IP – No, not a cash surplus – there is a huge difference.

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  17. dad4justice (7,339) Says:

    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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  18. James Sleep (477) Says:

    Um – 2.6Bil will not give everyone 4k each

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  19. dad4justice (7,339) Says:

    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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  20. slightlyrighty (2,246) Says:

    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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  21. Pascal (2,015) Says:

    James, do you have proof to back up your assertion? No? Thumbsuck? Thought so.

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  22. dad4justice (7,339) Says:

    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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  23. Tina (687) Says:

    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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  24. Tina (687) Says:

    Oops

    http://media.nationalreview.com/post/?q=OThmMDcyNjg1NDc3ZTE4NWFiMmQ0NjYwZDUwYmUyZDA=

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  25. calendar girl (891) Says:

    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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  26. clintheine (1,534) Says:

    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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  27. cha (2,328) Says:

    Owen who?.

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  28. kehua (225) Says:

    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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  29. john (478) Says:

    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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  30. john (478) Says:

    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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  31. dad4justice (7,339) Says:

    Happy New Year John, 2008 the year of huge change . Have a good night dude.

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  32. clintheine (1,534) Says:

    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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