Friday, October 10, 2008

Freedom Killer

Restrictions on what we can eat, drink, smoke, what we can say, how our kids play at school and whether we can discipline them, what light bulbs we can use at home, and now restrictions on how much water we can use when we are in our showers.


The Labour Party have passed new building legislation that will come into force in February that means all new houses and bathroom renovations will have their showers water flow restricted by law by 60%.

WHAT BUSINESS IS IT OF THE LABOUR PARTY WHAT WE DO IN OUR SHOWERS ? !!

I have lots of questions.

How will this restriction be enforced? 

Will we have shower police? 

Will we have web connected cameras ensuring we don't use too much water or power?

Will Jeanette Fitzsimons and Helen Clark be sharing a shower to save water?

The truth is it ain't funny at all. These small things are all attacks on our freedoms and these communistic type attacks on our way of life need to stop.

Who do these bastards think they are?  

The fact they can even contemplate these sorts of bizarre ideas and put them out there as "normal" behaviour just defies belief and commonsense.

An Editorial in Hawkesbay Today sums things up well for me:

What have New Zealanders done to deserve the growth of a culture of such busybody legislation? Is there nothing that can escape the dreadful ambitions of ideologues committed to straightening "the crooked timber of humanity"? It is but another example of creeping control that invades our lives for no other reason than a presumption that the state and its institutions know, far better than we do, how we ought to behave.


The Editor is discussing the banning of wood burners in my hometown of Hastings(a very cold place in Winter) and the merits of using heat pumps instead-don't we have a power shortage?

Of course the Greens and Labour who have pushed the banning of home fires forget that a locally sourced form of heat is far more efficient that electricity used in a heat pump because that electricity has to travel hundreds of miles to get to the source.

Bugger practicality though, as long as it fits the bizarre green agenda that Labour and its supporters push it is OK.

Hang on a sec, if I cant have a decent shower why don't I just have a bath instead.

Ah oh, baths could be next on the ban list.


c Political Animal 2008

Warehouse bidders ready to lay money down

If you were reading the Share Investor Blog last Sunday you would have read my latest opinion over the long running The Warehouse [WHS.NZ] takeover saga.

I basically pointed out the news that came out today that The Warehouse have finally officially kicked their "Extra" format grocery stores into touch.

Personally I don't think The Warehouse gave the Extra format enough time and scale to succeed, at 3 years and 3 stores, though at least the cost of withdrawal will not be too cumbersome for the company and shareholders.

The focus now lay on what the two predators Foodstuffs and Woolworths Australia [WOW.ASX] will now do.

Late night meetings in both camps will be par for the course and we may see a bid next week subject to advice from legal counsel for the two companies and lawyers from the Commerce Commission.


Disclosure: I own WHS shares

The Warehouse @ Share Investor

The Warehouse set to cut lose "extra" impediment
The Warehouse sale could hinge on "Extra" decision
The case for The Warehouse without a buyer
Foodstuffs take their foot off the gas
Woolworths seek leave to appeal to Supreme Court
Warehouse appeal decision imminent
Warehouse decision a loser for all
Warehouse Court of appeal decision in Commerce Commission's favour
MARKETWATCH: The Warehouse
The Warehouse takeover saga continues
Why did you buy that stock? [The Warehouse]
History of Warehouse takeover players suggest a long winding road
Court of Appeal delays Warehouse bid
The Warehouse set for turbulent 2008
The Warehouse Court of Appeal case lay in "Extras" hands
WHS Court of Appeal case could be dismissed next week
Commerce Commission impacts on the Warehouse bottom line
The Warehouse in play
Outcomes of Commerce Commission decision
The fight for control begins soon

Related Links

Warehouse results

Annual Results 2008 - Audio Webcast


Audited Results for the financial year ended 27 July 2008.pdf (1MB)
Warehouse Corporate profile
2008 Interim Report
Shareinvestorforum.com -Discuss this company


Related Amazon reading

Joining Forces: Creating and Managing Successful Mergers and Aquisitions

Joining Forces: Creating and Managing Successful Mergers and Aquisitions by Joseph E. McCann
Buy used from: $12.00


c Share Investor 2008

Thursday, October 9, 2008

Labour gets dirty, again

Labour seem to be trying to stop leaks with their restrictions on shower time and water use for Kiwis coming in February but they have today leaked more pointless stuff from Labour Party plants at a National Party conference held a few months back.

In the midst of a very bad week for Labour, the country is deep in debt and a Michael Cullen managed recession, with National's tax cuts gaining good public traction, Labour slip out some more dirt collected by one of their Labour Party insiders at The Standard, Labour's Blog site.

“Winning is everything my man,” he said in the tape. 
TV3.co.nz  , Bill English

Hardly earth shattering stuff.

The true colours of the Labour Party certainly shine when their backs are up against the wall but if the best they can do is leak mild stuff like this to a lap dog left wing media(the hopeless Duncan Garner)then they need to dig deeper and I'm sure they will.

Labours pointless muck raking says more about them than National.

It is desperate stuff from a party that will clearly try anything to win.


Related reading

Labour Party Blog - Labour's TV3 affiliated story on the leak


Political Animal 2008


John Key's knock-out blow

Michael Cullen's fury and condemnation of the National Party's tax cut plan and economic policies was clear yesterday. I doubt very much whether he slept much last night.

He didn't have much to attack Key on so critiqued the tax package politically rather than its practical measures(it ain't that practical to me though) because it is a package he would have liked to pass himself.

It gazumped Labour's own tax cuts in sheer figures but there was more icing on the cake in the form of big vote capturing for National.

It targets Labour's key demographic, the lower middle class and will capture a large number of voters come election day. It also concentrates on the middle class, where alot of swinging voters lay and the vote is going to swing National's way here again.

The Kiwsaver changes make sense, more money in peoples pockets now rather than forced to put too much away for latter, while at the same time keeping a portion of the savings quotient will be important during the coming Cullen managed deep recession.

Even the one trick pony Mary Holmes says the Kiwisaver changes make it much more attractive.

A simple master stroke of politics for Key. He looked very comfortable during his speech to the faithful yesterday and in a grilling by the Gnome on Campbell Live yesterday was very easy going and it was clear he was in his element.

To me it looked like John Key's knock out blow.

Labour isn't in a position to buy their way out of this election as an antidote to National's tax package, but look for them to try some sort of vote buying lunacy by playing around with numbers-a cooking of the books.