Blog description.

Accentuating the Liberal in Classical Liberal: Advocating Ascendency of the Individual & a Politick & Literature to Fight the Rise & Rise of the Tax Surveillance State. 'Illigitum non carborundum'.

Liberty and freedom are two proud words that have been executed from the political lexicon: they were frog marched and stood before a wall of blank minds, then forcibly blindfolded, and shot, with the whimpering staccato of ‘equality’ and ‘fairness’ resounding over and over. And not only did this atrocity go unreported by journalists in the mainstream media, they were in the firing squad.

The premise of this blog is simple: the Soviets thought they had equality, and welfare from cradle to grave, until the illusory free lunch of redistribution took its inevitable course, and cost them everything they had. First to go was their privacy, after that their freedom, then on being ground down to an equality of poverty only, for many of them their lives as they tried to escape a life behind the Iron Curtain. In the state-enforced common good, was found only slavery to the prison of each other's mind; instead of the caring state, they had imposed the surveillance state to keep them in line. So why are we accumulating a national debt to build the slave state again in the West? Where is the contrarian, uncomfortable literature to put the state experiment finally to rest?

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Wednesday, October 10, 2012

The Dearth of Companies Listed on NZX to Invest In – Thanks Mark Weldon.

Nice piece by Chalkie in the business section of today’s Press:

Chalkie blames former NZX boss Mark Weldon for the shortage of [company] listings. He was a great chief executive from a shareholder point of view but during his tenure the cachet of listings declined due to increasing compliance and rising costs.

A government cannot regulate out risk, without regulating out investment. It’s always an own goal.

And I’ll never personally forgive Weldon for his campaign that resulted in the myopic destruction by the Fortress of Legislation of New Zealand’s  useful LAQC and QC taxation regimes, all in his cynical attempt to destroy the property market so that money in that sector might find its way to his exchange (on the back of his failings). If he had concentrated on less government, rather than more heavy handed government, investors might have companies on the NZX worth investing in. If there is such a thing as treason to freedom and prosperity, then his tenure was it.

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