Gaynor on vampire neoliberalism

14 comments on “Gaynor on vampire neoliberalism ”

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1. ghostwhowalksnz 1

   28 August 2011 at 7:03 pm

   Where does the business “Govt Bailout Corp’ stand in the list.

   Add up all the money poured down the drain in the finance sector to bail out investors surely it would be in the top 10.

   $2.5 billion ? Maybe even in the top 5
2. KJT 2

   28 August 2011 at 7:54 pm

   Since Rogernomics investment in actual NZ business has decreased to 1/3 of what it was.

   Notice that the only ones left out of the ten are asset strippers and property speculators.

   That is because savvy business people know that low wage countries cannot afford their products.

   The business people that are left are so poor at making good businesses work that they now want to grab ours again.
   • Peter 2.1

     29 August 2011 at 5:11 am

     Exactly, Weldons NZX has been an abysmal failure. He is biding his time before next years asset sales appearing as a nice guy fundraiser before he makes a stack of extra money as one of many Asset Sales Middlemen.
3. Afewknowthetruth 3

   28 August 2011 at 10:06 pm

   What is there left to say? Betrayal? Treason?

   In the 80s we were mugged by economic hit men (and women) and much of the nation’s treasure was stolen. Irreparable damage has been done to society and to the environment since then.

   What is particularly disgusting is that the criminals who orchestrated it all got away with their crimes because the system is totally corrupt. In fact the system is so corrupt that many of the criminals involved in the looting were honoured for their crimes.
4. tc 4

   28 August 2011 at 10:33 pm

   This just outlines even more the stupidity of putting even more public assets into a weak and poorly run NZX where they will get sucked up by overseas and corporate interests. Weldon’s a compliant lightweight who sits back and let’s the cowboys do as they please, so he’s assured a job.
   • Bored 4.1

     29 August 2011 at 8:08 am

     Too true, Weldon is a parasite, he has created nothing and merely wants more tickets to clip. A vampire blood sucking leach.
5. aerobubble 5

   29 August 2011 at 9:26 am

   I listen to the crap Nat.Radio about entrepenuers, it basically said please phone
   these people with good ideas they will help you go from zero to extreme wealth.
   Scam like. But it shows how out of touch media is, many businesses before
   they become great start in garages, or sold something else badly and switched direction.
   They didn’t need special help, they needed access to the market, but the market
   has so many gatekeepers (think banks, and work down to the gutter press)
   who are looking to get on the next gravy train. The funny thing is those entrepreurs
   got where they were by going around the last set of entrepreneurs, sometimes
   even rolling right on over them, because each new era has new demands and
   new demands require paradigm shifts the last business generation are too
   old and spent to see. Ergo, the whole business industry of helpers is actually
   detrimental to growth, as it prolongs the old paradigms. Time was when the
   great thing about growing your own business into a world international
   player was doing yourself. Did Hillary need consultants in nice pristine
   Wellington Offices to help hiim climb Everest? It was worht much more
   to him doing it as much by himself. There too much spin in media, please
   turn off and tune out until they wake up to themselves.
   • Vicky32 5.1

     29 August 2011 at 1:59 pm

     Did Hillary need consultants in nice pristine
     Wellington Offices to help hiim climb Everest?

     Except he’s a bad choice of example, as he didn’t do it all by himself! (I know what you meant, but it bothers me a little bit, Hillary’s legend as it has grown up since I was a child. He climbed Everest the year I was born – and we kids of the time all knew that he was part of a big expedition, had a sherpa with him even for the final stretch,  and it’s pure chance, literally, that we know Hillary as the man who, as he put it in such a juvenile manner, “Knocked the bastard off”. The leaders of the expedition actually flipped a coin and chose Hillary to take the lead up the final stretch… ) Just think, we might now know the name of someone else and not Hillary, if the coin toss had turned out differently…
     • aerobubble 5.1.1

       30 August 2011 at 10:08 am

       We all need some help. My argument is the more one does it themselves the more
       rewarding it is. Hillary is a good example of this given he needed sherpas to
       break the new ground of Everest, but now people attempt following his tracks.
       They ‘needed’ someone to be a trail blazer. We need assistence, we assist others
       after we are gone, but we also want to brag and you can’t brag as much
       if you followed the same line Hillary took up the mountain. This is why
       mountainers try new routes, etc. By their very nature entrepeurers
       are trail blazers and its contradictory for them to help other ‘trailblazers’.
       Since to be unique, and maximizing the self-reward, doing it without as
       many of the giants who came before makes them the new giants and
       not someone walking in the shoes of the giants.

       The rest of the Laidlaw pod was all crap about how they have investors
       waiting to assist. Please where’s the fun in finding their own!
       Rogernomics destroy investment in NZ, its fun to go overseas and
       seek investors who not only made their money in the hard business
       environments of CGT, and big regulators, who know the experience
       is far more rewarding.
       Soft NZ business needs to get its mantra head out of its brown colored
       collective arse. They start every sentence with we on the edge of
       the world, the market isn’t big enough, give me a hand up my
       millions won’t cover it all.
6. Shona 6

   29 August 2011 at 9:38 am

   Fletcher Corp was created when James Fletcher , carpenter Dunedin ,was awarded the first State housing contracts. That is the basis of their wealth. A govt.contract.All the rest of Fletcher Corp grew from state seeding money. But of course History is so unfashionable and irrevalent. Have a great day people.
7. rd 7

   29 August 2011 at 1:47 pm

   In December 1986, all of the top 10 companies originated in the private sector and had a total sharemarket value of $20,712 million.

   * Thirteen years later seven of the 10 companies started in the private sector and had a market value of $13,044 million.

   * Today, only four of the top 10 have a private sector background and their sharemarket capitalisation is just $10,866 million.

   Are these numbers inflation adjusted?
   if not it is even a lot worse.
8. mik e 8

   29 August 2011 at 6:49 pm

   I’m surprised theirs no comment from the right whingers. Gaynors economic understanding is very smart basically he says we need to think long term and getaway from this quick buck mentality our business people think like.Thats the sort of thinking National promote by selling of our best performing assets.
   the power companies 17.6% return per annum
   Solid Energy 29% increase in profit
   Cost of borrowing 5.5% to 6%
   Dumb Quick buck thinking by bean brained bean counters
   Cutting R&D investment Dumb
   No doubt they’ll Troll out their Has-been bean brained bean counters too spin a story on how they have covered up this scandal.
   • mik e 8.1

     30 August 2011 at 6:12 pm

     Now Mighty River Power 50% increase in profit
     How dumb to sell this off
9. Hilary 9

   30 August 2011 at 9:40 pm

   Ryman like the other private aged care providers privatises a lot of taxpayer money from national super and aged care funding. Remember when the last government tried to raise the salaries of aged care workers but the industry refused to hand the money on to the workers and kept it as profit?

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