Looking for a café

Around 7pm I was with friends in Lambton Quay looking for a place to drink coffee. We started walking from the top of Lambton Quay to go to the first Starbucks and it was closed. We walked further to the other Starbucks at the Old Bank arcade and it was closed.

We walked to Hotel Intercontinental and discovered that the bar only serves coffee, alcoholic drinks and no cakes to go with the coffee. We walked to the other establishments and realised that they are all pubs and were full of smoke.

We decided to head back to my friends’ car and head home to call it a day.

My feet and legs were aching as we were soaking in the evening autumn rain.

What a night.

Getting more Australian owned?

Bank acquisition raises Aussie influence issue – from the NBR

The National Bank of New Zealand‘s ownership by the ANZ Banking Group can be dangerous as all of New Zealand’s major banks are now owned by Australian banks like Westpac Banking Corporation, ANZ New Zealand and ASB Bank (Commonwealth Bank of Australia). Since banks operating in New Zealand are owned by Australian banks any volatility or negative changes in the Australian banking system can also affect the New Zealand banking system.

Corporate fraud like those of Enron and WorldCom can happen anywhere and a similar happening like that in Australian banking will affect New Zealand.

In a consumer point of view these Australian owned banks can lead to loss of competition in the market. These major banks may not offer customers products and services that are better and cheaper. One day these major banks can charge $1 for every EFT-POS transaction and increase loan fees 10 times.

It is too late as the sale of the National Bank has been approved. What the rest of New Zealand can do is to be vigilant at least.

Impartiality of JDV and Drilon?

Susan Roces doubts impartiality of JDV, Drilon

Speaker De Venecia and Senate President Drilon are as impartial as Senator Angara and the rest of the opposition bloc can be.

What a stupid comment!

I just wish her husband loses this election!

Student loans and more student loans!

New Zealand is enjoying its good time with the announcement of billions of dollars of budget surplus by the current Labour government.

It seems that not everyone is enjoying this. Almost every domestic student in New Zealand universities have a student loan. These students not only have to borrow for tuition fees but also borrow for living costs. This is a sad fate for New Zealand youths. They are not earning good money yet and they are already in debt.

Average student debt is about USD 12,000 and will take years for students to pay for them. Once a student stops studying full time their loans are charged 7.5% per year or the prevailing market rates.

Student loans are a sad reality and can discourage the best and the brightest Kiwi minds.

Militant students from the various universities and polytechs, if they had their way want a universal allowance for all students, a complete write-off and some even demand free education until the tertiary level.

It is undeniable that New Zealand students have a problem with their student loans. The best thing that New Zealand can do is to impose only a discounted interest rate for their student loans at least it will become bearable for them.

New Zealand militant students however, must also realize that their is a cost to everything. There is no such thing as totally free education and they cannot expect their government and international students to fully fund their universities.

No, I do not have the final and lasting solutions on this problem. The answers are on the hands of the New Zealand government that will listen and understand both sides of the issue.

THE DAY AFTER TOMORROW movie

THE DAY AFTER TOMORROW

I saw this movie a few hour ago. It was a delightful apocalyptic movie.

It is a very political movie that presents the consquences of us not caring enough for the environment.

This is an M – memorable and would be one of my favourite disaster movies of all time. This is far better than Volcano and Deep Impact.

SPOILERS (in white text colour):
In the movie…
The northern USA states will be frozen as today’s south pole including Canada, UK, Italy, Japan, big parts of China.
US citizens will become refugees in Mexico but were not welcomed until the US President promised to forgive all Latin American debt! HAHAHA!
The southern hemisphere and those close to the equator will be spared.
In the movie the US president looked like Al Gore and the VP who eventually took over looked like Dick Chaney.

Governments and the private sector must invest and push for environment friendly machineries now or we will soon suffer.

The latest NZ national budget

Business News – Budget boosts families incomes over three years

As a person coming from the developing world reports from other countries that enjoy big budget surpluses or have so much money are things people like me can only wish for for our countries. Instead of hearing good news about our economies or improving quality of life we get stupid filibustering politicians, brainless leaders and a mixture of scandals and destabilisation plots.

I just wish that countries like New Zealand will spend their extra money to help those who really need them and sectors that need the most funding or assistance. One of my wishes is that they can help their young people get quality education without borrowing too much money. I also wish that their people can get the best health care possible so that they do not need to wait in long queues/waiting lists or spend so much from their pockets to pay for treatments.

On the other hand, New Zealanders and other citizens of the rich nations must count their blessings as their governments that are active in the redistribution of wealth are rare. I do not think there are many governments in Asia, Latin America, Eastern Europe and Africa that are capable of this feat.

Obvious delaying tactics

Blockage – First Person by Alex Magno

If the current opposition bloc believes that their candidate has won why delay the official congressional count?

Their filibustering is an obvious scheme to stop the proclamation of the correct winner of the election.