tag:blogger.com,1999:blog-3612441315352179822.post5330074530521304220..comments2024-03-28T00:33:53.397+13:00Comments on Local Bodies: Cut, Slash, Sell up and Borrow?Dave Kennedyhttp://www.blogger.com/profile/12428353657153292616noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3612441315352179822.post-30798676617202971052011-03-30T10:43:08.740+13:002011-03-30T10:43:08.740+13:00The rich are very often prone to being disconnecte...The rich are very often prone to being disconnected to the needs of the poor. Some of this is indicated by the very nature of their desire to be rich, which tells us about their motives and where their heart lays. Not that being rich or even wealthy is actually a great evil per se, but that it leans that way strongly because it so often disconnects the feeling of empathy for less fortunate. Furthermore, apart from the topic of individual wealthy people or institutions, we have a whole system that benefits the wealthy and punishes the poor. I know that often poverty is also a mentality in many cases but there are also a great deal of hard working people who are barely keeping their head above water right now. Unfortunately it is due to become quite a bit worse. New Zealand is actually operating in perpetual bankruptcy right now. We pay 40 Billion Dollars per year in interest payments alone to private foreign banks and we are still borrowing hundreds of millions per week. It can only end in one logical place and it is. The selling off of what is left of the public assets to furnish the debt which never should have been borrowed in the first place. I might add that the credit that was borrowed is made out of thin air and not backed by Gold. The NZ treasury could have created the credit itself but it has never had that authority. That authority rests with the Reserve Bank which is not a part of the New Zealand Government. I ask you, if it was a part of the NZ Government then why the interest burden? If it was the Government then it is the people and the people do not lend to themselves at interest. The answer is that it is a private bank and part of the wider central banking system that gave us this credit crisis. Did you know that there are 1500 Trillion Dollars of toxit Derivative floating around in the financial system? It is an amount that is physically unrepayable and that was the plan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3612441315352179822.post-4885656994919875082011-03-29T22:00:56.731+13:002011-03-29T22:00:56.731+13:00That's fine for a discerning chap like yoursel...That's fine for a discerning chap like yourself, Robert, but the general population accept the images that they are constantly presented with and they keep saying "more!".Dave Kennedyhttps://www.blogger.com/profile/12428353657153292616noreply@blogger.comtag:blogger.com,1999:blog-3612441315352179822.post-13447372354934311762011-03-29T20:48:37.722+13:002011-03-29T20:48:37.722+13:00I would not have seen it Dave - I refuse to allow ...I would not have seen it Dave - I refuse to allow that saccharin drivel to wash through my mind. Key's 'pr machine' may well be good, but I can put my hand over my glass and say 'when'.robertguytonhttps://www.blogger.com/profile/07335459362715594644noreply@blogger.comtag:blogger.com,1999:blog-3612441315352179822.post-48714191497823415032011-03-29T20:32:03.867+13:002011-03-29T20:32:03.867+13:00Common sense would suggest this, Robert, but John ...Common sense would suggest this, Robert, but John Key appears to have a Pollyanna image that always bubbles to the top. It is almost as though people have difficulty connecting the shit hitting them to Key's own hand. You would have seen the latest video doing the rounds of "good bloke" Johnny being interviewed in the back a car by an Aussie comedian? Key's PR machine is highly effective.Dave Kennedyhttps://www.blogger.com/profile/12428353657153292616noreply@blogger.comtag:blogger.com,1999:blog-3612441315352179822.post-37141073816666631822011-03-29T19:59:50.911+13:002011-03-29T19:59:50.911+13:00My guess is National has 'pulled out' way ...My guess is National has 'pulled out' way too soon and will create a storm of discontent in Christchurch that will torpedo their chances of re-election, unless they can bedazzle everyone, the way they did prior to the last election.<br />I don't think they'll get away with it this time.robertguytonhttps://www.blogger.com/profile/07335459362715594644noreply@blogger.com