Last Updated: Mar 25th, 2013 - 16:46:15 Newsletters : 2008 Newsletters : 18 April 2008 Thought for the Day Two weeks ago we applied to The State for a "Free Speech" licence. On Monday the 7th we received this message: "Thank you for your application to list Foundation for Economic Growth as a third party. You have sent us everything we need for the Commission to make a decision. We will let you know once a decision has been made." Obviously making such a momentous decision is not easy and takes time. Will we be allowed to speak freely before November? We hope so! It was Dr. Goebbels who observed: "Propaganda has only one object; to conquer the masses. Every means that furthers this aim is good; every means that hinders it is bad." For the younger generation of readers, Goebbels worked for Adolf Hitler. When I ask WikiAnswers, "What political party did Hitler found?" The answer comes back, "a complete socialist party. He united a nation, elimanated (sic) class and created a quality of life for his people." Yeah, right! Apr 18, 2008, 10:23 Newsletters : 2008 Newsletters : 18 April 2008 Cullen's Insult Cause For Disquiet "One of the most telling moments in politics last year was deputy prime minister Michael Cullen's extraordinary outburst in Parliament in which he shouted "rich prick!" at National Party leader John Key." Karl du Fresne is greatly alarmed by this episode as explained in this article. Apr 15, 2008, 19:17 Newsletters : 2008 Newsletters : 18 April 2008 Sock It to 'Em! "Soak the Rich" Stupidity Hits Great Britain. Dr. Cullen is slowly coming to the understanding that taxes are important to those who pay them. In this day and age people are free to come and go taking their wealth with them to countries that appreciate their presence. With a decent sized city-full of people leaving for Australia and other places every year Dr. Cullen is at last addressing the question of tax. The Labour government in Britain is another demonstration of the stupidity of Dr. Cullen's "Rich Prick" philosophy which simply moves wealth off shore. Envy taxes have no place in a modern nation. Every effort should be made by governments to reduce the tax burden and leave earnings with the earner - then the earner has an incentive to stay and work. Envy taxes just send the work force overseas leaving a higher proportion of welfare recipients with a diminishing treasury. Apr 15, 2008, 08:25 Newsletters : 2008 Newsletters : 18 April 2008 Hong Kong: The Benefits of Economic Freedom Another case study of how small government and low taxes can produce great benefits for the citizens. Helen's ever-growing socialist government places more and more burden on the wealth creators of our society until some of them are forced to depart these shores. Fisher and Paykel from Dunedin and the ANZ back office being the latest emigrants. Our wealth generation decreases and obviously there is less money to go around. This will not lift us up to the top half of the OECD. Apr 14, 2008, 12:30 Newsletters : 2008 Newsletters : 18 April 2008 The Case For Slim Governments. With the OECD reporting that UK government expenditure is approaching 45% of GDP, it is widely assumed that the growth of the State is unstoppable; and that, in a developed economy, there is little or no scope for reducing the burden of taxation. The evidence presented in this report, based on data from 20 leading countries, contradicts that assumption. By restraining tax and spending, the ‘slim governments’ analysed here have enjoyed much higher growth rates, have created more new jobs and have lower government debt. Importantly, this has not been at the expense of income distribution, nor has it curtailed funding for public services. In fact, ‘slim governments’ have been able to increase funding for public services more generously, and have also spent more on law and order, and defence, than their ‘fat government’ counterparts. [ Visit Website ] Apr 12, 2008, 10:05 Newsletters : 2008 Newsletters : 18 April 2008 From Socrates to Soros George Soros is the man who "broke the Bank of England". What does he think of the current turmoil in the world's financial markets? His opinion should be worth something! Is New Zealand prepared? Are you prepared? Will we get any economic growth this year? Is our government asking the right questions? Have they found out yet what causes inflation? These and other fascinating questions are not answered. We will have to wait and see. Apr 8, 2008, 15:58