Posted by alexandra_k on October 21, 2018, at 20:43:51
In reply to Re: This website is full of copyright infringements, posted by alexandra_k on October 21, 2018, at 20:21:50
So the kiwisaver thing... Looks to me like the government is basically giving $500 per person per year to be invested in (given to on a long term loan) a variety of approved companies.
Companies who have been approved by the 20 different kiwisave outfits (which appears to me to be something of a diversity joke cooked up to make it look too complicated for people to research properly)... The same companies keep turning up on teh 'approved' list of what is supposedly 'safe' to invest in...
Only... Do I really want to see more of whatever it is they are selling... Or... In the case of respiratory illness do I really want to see the company try and grow the demand for it's product?
It looks to me an awful lot like a government bail-out. The government basically handing over an amount to these companies...
I notice we are starting to have things in pairs, now, over the last couple years.
Previously we had St Johns as the monopoly on health charity. $700 for an ambulance call out. Except Wellington also had the 'Wellington Free Ambulance' which was free because it was a national embarrassment when a visiting politician collapsed on the street and was later charged for the ambulance call-out in a country that supposedly had a free health system.
This 'driving miss daisy'... Franchise... Got some prize on start up business where that was basically a jazzed up in the name of healthcare ACC and government funded 'health' taxi service...
Now I'm seeing red cross all over.
I mean... Waving flags. I'm seeing red cross flags all over.
And the occasional what looks like a transport van...
A2 was supposed to be another milk company
To try and... Disguise the fact that it's all monopoly in these parts. We pay more for locally produced dairy than people do overseas.
After the heads of A2 died from poor health (ahem) A2 is... Fonterra, now? Fonterra is now fetching around $6 for a couple litres of A2 milk.
You get some little company which starts out... Good. Seems to be. And then some giant decides to invest just enough to kill it. Or... It needs to have a strategy to help the giant grow still more (and ultimately be subsumed by it).
That's not growth. That's not sustainable. That's not... A game I wish to play, either.
At the end of the day you need to think about how much time you want to spend thinking about such things, I suppose. I haven't really thought about such things before, and I suppose it is worth a summer, at least. I do understand how you need people to keep an eye on companies and decide when it is that they have transitioned from... something you wished to see grow into... Something that you don't want to support, anymore.
It isn't about making money... It's about inveseting in that which you want to see more of...
And... wouldn't the world be better for everyone if more people did more of that?
I guess some people can't see / think / beyond their own limited lifespan or some even smaller part thereof. Which does make it an issue of cognitvie capacity.
Anyway...
I'm glad I found this... I was feeling bad wasting so much time on computer games / rubbish tv / rubbish youtube stuff. Mildly entertaining but not an investment of time... Sometimes it's hard to figure out what to do that is an investment. I always thought education... But that's been hijacked so it's just a hoop. People did say 'people will start to see it as a hoop' and I thought 'no'... Only they have taken over. People used to say 'don't do philosophy for the money' but when I ask them how things are they all say 'they pay me'. So... They are in it for the money then, after all? There we go people. You only do the arts for the money. If you do it for the art -- that will never get you paid. We must reward that which we want to see more of...
The muslim thing was interesting. Because most Kiwis will be too racist to even try and understand what they are trying to say. Ethical pro quo... I wonder which companies they think are ethical and why. I can deal with not investing in pork and pork products (but I don't have particular things against it compared to other things) but what sorts of consdierations are their high management (so high comission fees) strategy acting on?
I suppose at the end of the day I would want to pick where to put it myself. Yeah. One of them said you are investing in / buying in to the business. Then you want to know which businesses and the state of the business.
Otherwise you might find that your money has been used to get some people rich while renting out slum properties (a property portfolio) or some dodgey residential care chain that makes some people rich while basically murdering or neglecting people until dead the inhabitants so as to get earlier access to their estates and the like.
I don't know that our laws provide sufficient protection against such things happening. I don't know that we have sufficient safeguards / people looking into whether these things are happening. Preventing these things. Holding people accountable.
I would want to invest in that. Which would probably lose me money. Which is okay...
Inveset in that you want to see more of...
I mean... what's the alternative? Take what you can for as long as you can and get out? But then: Where will have you? No place I would want to live...
poster:alexandra_k
thread:1101335
URL: http://www.dr-bob.org/babble/admin/20151112/msgs/1101498.html