Birdtalk..

November 19, 2012 § Leave a comment

A very interesting year in a most recent…
string of years was the year 2007.

That is to say, 2007 was interesting both here. And there.

Insofar as I am concerned to relate here two facets of human behavior: creation of seemingly worldwide denial industry, and new thinking on the nature of multi-nations’ recession and what to do about it. Whereas one facet would amass superiority in numbers to thwart climate science’s clear premium in tackling mankind’s fate, the other facet both knew and resolved a different path. Not for it any number of knowalls: knowing alone was sufficient.

The latter on-topic, so to say, 2007 was simultaneously significant as to content, circumstance and consequence. Here and there.

2007 was the year in which a cuckoo came to shine and drop unto the black robin the very nature of multi-nations’ recession along with – so constructively – what to do about it. Locally.

Why here? Well, one very good reason was the excellent economic stewardship of the government of the time. So good was this, and in relevance the to-do part, that implementation might be studied with a view to improvement, upscaling and general betterment.

Core of this ‘drop’ was a double sentence paragraph, in which the Recession was characterized by TWO WORDS. Such was their importance that a nation’s financial competance was seen to hang upon their use without too many others recognising the prescription. As explained.

Late 2007 a new government would herein occupy benches. Did they have the words? It was possible – as already stated of its predecessor’s – wisdom was passed on. Then again if they alone would claim the new thinking their language would in some part reveal this. Well, actually, with but one of those words usage conveyed enough confidence to self-suggest that yes they did. Have the knowledge. The two sentences. Our shiner’s entirety.

One word, two sentences: game, set, but five years on and no sign of match the justifiable questions arise: who knew what and when did they know it?

So.. here we are… little changed aka old reality… and strongest reason to demand that any actual or wouldbe or wannabe stewardship supply both words to characterize this specific recession. And its fix. [ Clue: long though this may take. Definitely for longhaulers, being how aetiology was sometimes crappy yet always short, sharp, snappy..]

ps: prudent financial management ought not be ascribed under “Greed” in any serious debate – whether series or solo – upon public media. Unless the benchmark by which another reality is related. To do so IMHO is to turn oneself into the proverbial canary. Whose fate is self-something or other. Usually dark and slavish at that.

_________________

Interest-rate swaps, by contrast, are not prudent. To either their offerors or takers. They are in practice risk rewarders. Punishing those too readily grasping the ‘g’orn be a devil!’ challice, or trustees of the too-trusting tree, or even those whose hubris/pride hath not thus far reached its limits. Rewarding those willing, able and capable of profiting therefrom.

General rule: if you don’t get it don’t do it.

Seems to me from a listen to an interview this morning on radionz that a ‘wave’ of folks imported a ‘let’s do the bizness’ among short term or fixed interest loans with personal marketing like it’s smart to hedge agin interest rate rises. Over-emphatic ‘rises’ frames distracted mindsets, result: like house prices—they always go up heh!

Forward thought: I would think in the general body policy interest to know, actually know, what loan funds are a bank’s (agent or financial operator’s etc) and what loan funds are investors’ therein. Written readably, reliably, into contracts. By such simplicity parties to one would know for whom the greater risk/reward equation has been agreed. Just an idea… guys 🙂

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My-my: update 4..

November 16, 2012 § Leave a comment

The gift that keeps on giving..

Bob Frank @ cnbc has news of the “Mansion Cliff” due out January if CapGains shift. I’d say the link pictures one of those hubri-obsessive floorspace jobs I’d mentioned earlier..

Myself, I’d say if remotely applicable here, it would stimulate a needed volume sales at preferably held or lower prices.. Face it, people need to buy a property not feed an obsession.

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My-my: update 3

November 16, 2012 § Leave a comment

Guess what… this blog worked a treat. Better than I could have realistically hoped

Elsewhere I have been accused of taking advantage (peoples’ ignorance). I think not.. use of the word “innocence” politely stated an ignorance connotation not beyond the facile machinations of the targeted. Whilst enabling them to egg much more than several faces..

Bear tactics are, after all, well known. For one thing they work, get prices down. For another, who on earth would want to buy those one can do without.

So, back to the professionals— interesting stuff on Mary Wilson’s programme this evening.. a government minister almost making a good connect with what is needed where it is needed.. housing.

Earlier, a news bulletin revealed a guy stalking capital gains tax as a means of anaesthetizing property priced growth. In contrast, hearing the Minister tell of 10 percent stock in the said development at lower prices than other properties there gave an aspect of social value to the government for pre-purchase and allocated sales.

Yet how about a true market value approach. Think ye not of an Auckland price, think ye most of a first world price. Build smaller, house smaller, multi-uniting or storeying for larger families. For all, progressive pricing for all. And encouraging owners wherever possible. Start, say, at $300K for a single bedroom unit, $400K(350) for two beds and so on..

Methinks from a brief look around that an obsession with floorspace and larger living properties is a major factor in housing shortages here. Plus I think you’ll find no shortage of investors – with/without a capital gains tax – for intensified and/or concentrated urban development.

Citiization elsewhere has proved itself a great value generator for more than its citizens… As friends @ PBS have said, “Ask WB” … One so willing to gift a fortune from annual assets growth to good and practical causes.. makes for .. Q.E.D.

Have a nice one..

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My my: update 2..

November 15, 2012 § Leave a comment

Wherein Lynne Taylor, who is known unto kiwis I do declare, hath this search-based item of news for their consumption..

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My-my update..

November 15, 2012 § Leave a comment

Charles Kennedy has ..

ONE UP which imparts wisdom to brain-strong investors.. your chance to join (certainly know about) shakers and movers..

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My-My or Why-why…

November 15, 2012 § Leave a comment

AM I NOT ALLOWED SAY I’M TOO BUSY, according to a panellist in comedic skillset on RNZ the other evening.

Troo, saying you’re “too busy” is BS !!, according to this pale red lady on the small audio box.

Well, okay, say I’m time constrained. That should do it. And if it doesn’t I’ll apologise only to the quality one I discovered in a magazine the other day. At a clinic.

Recalls does this one the wholly unsyncopated interview done with a senator stateside. Amounting to not BS, but so bad that this listener would never commit to so much as anything like it. Recalls does this one a wet day in the garden, long weather coat all the way down to black wellington boots. Face looking directly into the camera – and why not with nought to hide – whilst a bird close nearby turned its head away.

And inspired a new character, but face up and fronting up, to the task of self-experienced(/educated) innocence. The like of which in the reality we find ourselves existing is truly valued. More soon. Real soon.

Meantime – hey I found time for this wee blog – this guy has taken the surrogate role needed to illuminate policy needs. Enjoy the watch. Get connected. Do.

Great weekend to you guys.. assuming you get this message..(have been denied several times already)..

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Joining the Dots..

November 10, 2012 § Leave a comment

YOU did hear about the salient
bipartisan issue
due settlement last Tuesday..?

Well just in case you did not Lipton did. Well done that man!

And, this being Saturday, I did hear one or two snips off RNZ for myself. There was the audacious “autonomic devices” which, used by the programme host, occasioned an old friend of mine say for the umpteenth time (on and off screen) “Interesting idea—” and go on to suggest a needed research as to whether homo sapiens can overpower their autonomic nervous system etc to attain better outcomes. What with, being the key question arising.. could be a follow through.. huh..?

Then, for an instant I figured listeners may go off down the iatrogenic track — that is doctor- caused or induced diseases etc. But no, saved by the bell so to say, we relaxed into informed consent theory in the doctor-patient relationship.

You’ll forgive me if I am wrong (incorrect) but an early teaching from the liver bird’s suburbia was how the practice of medicine was all about pain and relieving it. For the pained. Of course. If this was how the first interview came out with the good doctor concerned then I say well done that woman!

Liked the emphasis upon comms… of which more later perhaps.

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