Tuesday, March 24, 2009

What Recession?

Adolf drove back to Auckland after a couple of morning appointments at Paengaroa and Mt Maunganui today.

Stopped at Katikati to get a couple of pieces of Tarakihi (no chips) and a couple of muscles for lunch - from the local Shark and Shavings shop run by a Chinese family.
http://graphics8.nytimes.com/images/2008/02/20/dining/red_fried_fish.jpg


Cruised up the to the shady and grassy layby at Athenrea and sat down beside the car on the grass to enjoy lunch. Delicious.

As I sat there watching the traffic go by I suddenly realised there was a steady stream of fully loaded logging trucks heading for Port of Tauranga, a steady stream of produce trucks heading for Auckland, a steady stream of camper vans going both ways and squeezed into what road was left, a steady stream of small commercial and private vehicles.

If the media would just shut up about the recession for five minutes, people might regain their confidence and invest in activities which generate employment.

Everywhere I went I encountered from people resentment on the part of business people at the spoiling and juvenile role being played by the media in over cooking their 'recession' stories.

They are quick to report on job losses but almost never ever report on newly created jobs.

On a different subject, there were some priceless gems today on question time.

Some jerk asked Rodney Hide - 'Can he explain what he meant when he said blah blah blah?'

Rodney stood up and delivered a three word reply - "Yes, I can"

11 comments:

CB said...

So true Adolf.

The amount of shops that are empty at the moment is disturbing. In the previously thriving area of Onehunga I counted at least 5 empty shops in the mall today.

I am also heartily effing sick of the Labour losers getting so much air time - they do nothing to instill confidence in anyone which is why we tossed their asses out.

The only words in their vocab are:
- gutting
- slashing
- beating
- preparing x for sale
- Nationals rich mates

The media also report as news, press releases from Labour and the Greens without checking any validity of the claims.

Turns out last nights drama over sheep shipping was all from a Greens press release and there are no plans to do this in the near future.

pdm said...

cb - I actually thought David Carter was very good with Larry Williams this afternoon.

CB said...

Yes PDM, David Carter was great. A farmer as an Agriculture Minister - who'd of thunk it eh!

He was then followed by the tool Brendan Burns who used all the Labour keywords in respect to TVNZ (gutting, selling .....)

Need to start up a Labour Party spokesperson drinking game using the lefty keywords. By the end of the 6pm news I would be thoroughly pissed and it would only take one posting on the Standard for me to be completely blotto.

Larry Williams is really good as he probes deep into his subjects. Doesn't suffer fools.

emmess said...

There is a recession (ie negative GDP growth), and we have been in it for over a year mainly thanks to the last governments incompetent and wasteful policies. But we are doing alright in terms of unemployment and debt levels compared to others so hopefully we will be one of the first out of it.

Anonymous said...

in respect to TVNZ (gutting, selling .....)

if only, if only...

Anonymous said...

But we are doing alright in terms of unemployment and debt levels compared to others so hopefully we will be one of the first out of it.

sorry, thanks to Labour NZ's net debt levels per capita are up there with fucking iceland

as Gareth Morgan said: Subprime? All of NZ is subprime!

Ask yourself how you'll cope with only one income in your family, that income only half what it is now, and your house value slashed at least in half, perhaps 2/3rds.

That's not me, that's Gareth. And if you think unemployment is going to stay below 15% then you're in for pretty nasty shock in a year or so.

Ruth said...

Everywhere I went I encountered from people resentment on the part of business people at the spoiling and juvenile role being played by the media in over cooking their 'recession' stories.

Yes, I was talking to a guy who manages a plumbing supply store, and he said the media is doing NZers a great disservice.

Gareth Morgan is a permabear. Most of his predictions have been hilariously wrong for at least a decade. Remember his call to shun the NZX about 6 years ago? It was right before the huge bull run.

Look at where he has his clients positioned - that gives you an idea of objectivity.

Primerica said...

Agreed Adolf, I'm so sick of news, newspaper, radios because all I hear is how catastrophic the recession is. Never-ending story and nobody gets ever tired of reporting how so and so bankrupt today and how many jobs were lost. Sometimes I wish something more important would happen that would cause the media to forget the recession, something like the discovery of aliens or something similar :)

Take care, Lorne

Psycho Milt said...

Rodney stood up and delivered a three word reply - "Yes, I can"

Yes, it reminds of how hilarious we all found it when Labour govt ministers used to pull shit like that. Oh, no - hang on a minute, that's not right. When Labour used to do it, we all found it disgraceful, contemptuous of Parliament, democracy and the New Zealand people, not to mention a reflection on the incompetence and contemptible bias of the Speaker. How times change, eh?

Anonymous said...

Adolf, can you supply the name of the shop where you can buy "muscles". I'm feeling a bit weak at the moment and winter is coming on.!!!!!!

DavidW

Anonymous said...

Oh the grammar skills we have today!
Can I have some muscles as well?