If National wins ...

[craic]

Remarkably similar philosophy to my own except that I did, in the early stages, invest in dodgy people and ventures until I had learned a couple of hard lessons. Then, I worked out that everything on earth has a numerical value and can be compared against all others similar. I have a simple equation for shares that excludes the same factors as MVT.I am happy with National Superannuation - had it not been there, I would still be working in my old job over ten years since I retired. Some others older than me are still there.

If Labour wins we all emigrate.
Somewhere the government is perpetually business friendly and non socialist.
Austria, Switzerland, Singapore, Bahamas,....any other suggestions?

All that superannuation stuff is BS. If you are competent and saved and invested all your life you shouldn't need the State crutch.
I'd be quite happy to totally lose my 65+ super....

Although one has to except all those unfortunate people who invested in dodgy finance companies and dodgy enterprises and were defrauded.

I followed the principle that I never invested with a finance company because there was no capital return. A principle that has worked brilliantly for me, nearly all NZ's 53 finance companies went down in a heap. I used to look at the constant stream of mail from companies like Nathan imploring me to invest. As it got more and more frenetic I thought they must be just about to go down. Obligingly they then did. No more nuisance mail from them.
Nor did I buy shares in the companies of any of the 1987 villains like Petrecevic or shady characters like the Hotchin brothers or high flying speculative real estate ventures. Also worked brilliantly for me.

[POSSUM THE CAT]

Drongo are these power companies in the same state as Solid Energy & they still have not sorted out the Maori Claim to own the water especially in lake Taupo.

[Major von Tempsky]

Right on Drongo, the statistics are there - the economy has been growing, is growing and will grow, new jobs have been created and NZ has one of the lowest unemployment rates in the world.

But enough of that - breaking news!

Our squeaky clean, honest David, leader of the New Zealand Labour Party has been caught with his pants down!
He has been shown to have not declared on the Parliamentary Register of Interests, a certain bank account he has in New York with over $50,000 in it and is refusing to say how much is there!
PM John Key has declared that is an unfortunate "mistake"! heh heh heh!

[elZorro]

Right on Drongo, the statistics are there - the economy has been growing, is growing and will grow, new jobs have been created and NZ has one of the lowest unemployment rates in the world.

But enough of that - breaking news!

Our squeaky clean, honest David, leader of the New Zealand Labour Party has been caught with his pants down!
He has been shown to have not declared on the Parliamentary Register of Interests, a certain bank account he has in New York with over $50,000 in it and is refusing to say how much is there!
PM John Key has declared that is an unfortunate "mistake"! heh heh heh!

The news is not as exciting as you might think MVT. It was news yesterday, and the amount could be only slightly above $50k, maybe interest has affected it in the meantime. If it was a heap of money, why is one of David's assets a section at the beach, not a property in Hawaii? It's about as good as John Key will get for dirt, this side of the election.

Meanwhile Novopay's cost has just jumped up by $6mill.

http://www.stuff.co.nz/national/educ...ools-to-get-6m

[Major von Tempsky]

If it was only just above $50k he wouldn't be refusing to quantify it!

Now tell me EZ, if you had a bank account above $50k would you have forgotten about it?

Course not! Ha! ha!
(and if it's old stale news then why was it the lead story on TVNZ1 Midday News today? you're so busy spinning EZ you'll make Tony Blair ashamed!)

[elZorro]

If it was only just above $50k he wouldn't be refusing to quantify it!

Now tell me EZ, if you had a bank account above $50k would you have forgotten about it?

Course not! Ha! ha!
(and if it's old stale news then why was it the lead story on TVNZ1 Midday News today? you're so busy spinning EZ you'll make Tony Blair ashamed!)

Like I say, I don't think it would be much over $50k.

http://www.stuff.co.nz/dominion-post...ax-with-family

I watched vainly on TV3 news at 6 for the item, it was way down the list at about 25 minutes past.

Anyway, if I and a couple of others didn't put up some spin for Labour, you right-wing liberals would have a field day. No fun in that.

[elZorro]

Thanks for those charts Belgarion. I'd think the RHS of the top chart would look even worse in the 2011-2012 year, and it's interesting to see the recovery rate from various recessions. The trend seems to be they're harder to climb out of. Or is National just making hard work of it?

The high-tech sector will be worth more to NZ than either tourism or dairying within a few years, according to the data.

http://www.stuff.co.nz/business/indu...ourism-by-2020

[Major von Tempsky]

So, according to Belge, National are responsible for every dip in the world economy....u must be joking.

Anyway another interesting item on today's TVNZ1 Midday News.....applicants for shares in Mighty River Power have now passed 400,000 (rather greater than the number who signed the petition against selling off 49% of MRP. The petition is now set to be laughed out of court when it comes into Parliament :-)).

[fungus pudding]

So, according to Belge, National are responsible for every dip in the world economy....u must be joking.

Anyway another interesting item on today's TVNZ1 Midday News.....applicants for shares in Mighty River Power have now passed 400,000 (rather greater than the number who signed the petition against selling off 49% of MRP. The petition is now set to be laughed out of court when it comes into Parliament :-)).

How have they managed to apply for the shares?

[POSSUM THE CAT]

Major von Tempsky Even if you think its a stupid Idea. It would be even stupider to not register an interest. In case all those opposed are ignored by a Stupid bigoted National Party. Who in their right mind is going to pay big money for this. As it has been admitted that Maori can still take a case to the courts for the ownership of water. The Maori case in the courts was that the float should be delayed until the ownership of the water was sorted out.