Bruce Sheppard Defends Reynolds’s Salary

Now that’s a bit unexpected. Bruce is usually pretty hard on large companies. Shareholders Association chairman Bruce Sheppard today defended Telecom, referring to the employment of chief executive Paul Reynolds who has more than 20 years with British phone giant BT. He said Gattung was an internal appointment and he applauded the company for that… Continue reading Bruce Sheppard Defends Reynolds’s Salary

Categorized as Business


DPF’s post on GST and inflation reminded me of this photo I took early 2008. I usually buy the generic brand (they do all come from the same factory after all) and that’s currently around the $9 mark. I do think however that raising GST is absolutely, unequivocally, stupid. It gives the “National Hates The… Continue reading Inflation…

Categorized as Tax Tagged

Stimulus – not the right choice

“But politics is not about facts. It is about what politicians can get people to believe.” Thomas Sowell National’s do nothing, leave the market to sort itself out ideology is squarely to blame for this. Faced with the worst recession in a decade, they responded not with stimulus spending, but accounting tricks, reallocating existing spending… Continue reading Stimulus – not the right choice

Obama Stimulous Costing Big Money

Cash for Clunkers was an expensive waste of time. American taxpayers paid a lot of cash for those clunkers: $24,000 for each new car sold, according to a study released Wednesday. That’s a lot of money, especially when the so-called “cash for clunker” stimulus program offered only a maximum $4,500 in cash for each person… Continue reading Obama Stimulous Costing Big Money

Categorized as money

Tax it and it dies

DRJ posts at Patterico that Maryland has had a massive decrease in millionaires. Now, partly this is the recession. But the fact that they raised taxes on people who can easily afford to move doesn’t appear to have helped. Y’know, isn’t it the left that’s always going on about how poor people get affected by… Continue reading Tax it and it dies

Categorized as Tax Tagged


Ok, is is just me, or is there one word that I have not heard in relation to the OCR being cut to a record low? That would be the word “Inflation” which is the only thing that is supposed to be taken into account. Apparently, that can be ignored when Dr Bollard feels like… Continue reading OCR