Prime minister John Key with MP Nick Smith appear to be insulated from the horrendous financial damage the majority of our population is now being exposed to. Price rises beginning today with consequential inflationary pressure will make an investor’s paradise exceeding that of the Muldoon era when we experienced 25% inflation. That’s great if you are in a position to buy assets which will escalate in value via huge capital gain – but that is not the case for most of our people who are struggling now with day to day survival as we come out of this recession. How our government can be so blind to the stupidity of what it’s doing is absolutely incredible. Their palliative of slightly reduced wages tax, is negated by increasing Goods & Service tax to 15% in Oct esp when that is levied on top the ETS price increases between now & then – all providing no solution to the unproved theoretical Climate Change problem - in fact we’re now being made to pay out of our pockets here so that the worst carbon emitters can continue worldwide. Even all the emissions man might make are infinitesimal compared with nature’s – eg Iceland’s volcanic eruption & the smoke from bush fires in Australia which cloud our skies. How can wishful planting of trees in NZ ever balance the vast reduction of Amazonal Rain Forests ? Even farmers cows which have been held to blame are actually carbon neutral considering if the grass wasn’t eaten it would harbour bugs/bacteria etc emitting Nitros Oxide far worse than Carbon Dioxide which isn’t the problem we’re told it is anyway. I’ll be interested in any comments readers might have, especially if they can show any way to improve upon this situation ?
Tags: NZ ETS Stupidity
