There are currently 0 users and 27 guests online.
Linz's New Book
Is Edward Snowden a hero?
Hell yes! His actions were moral.
Hell no! Put him away for treason.
Yes and no. It's a grey area.
Other (please specify)
Total votes: 20
(NZ) Allan Hubbard
Submitted by Mark Hubbard on Mon, 2010-06-21 07:18
[For the record, Allan Hubbard is no relation. He is also, unfortunately, with his Presbyterian altruism, no poster boy for the revolution the West needs toward personal freedom and away from the evils of Nanny State. But, he has learned a very important lession yesterday - Sunday, 5.00pm, mark it on your calenders for all time - that every Kiwi should take note of. Adapting a rant of mine from elsewhere, though it's not particularly good because I'm just too mad, and have been for such a long time now ...]
Simon Power is power-crazed, (Diplock contemptible). But he has done us a service. He has shown that the State in New Zealand can take control of your entire wealth and your life in a split second, on whim, without consultation
Allan Hubbard's company Aorangi, and seven underlying charitable trusts, would not have needed a prospectus, as Hubbard confirmed on the news tonight, but have regardless become the subject of a SFO probe, and they, along with Allan and his wife, are now under statutory management by the Nanny State. Aorangi never solicited for funds from the public, it was simply Hubbard's business associates and friends who had traveled with him over the last thirty years, most of whom he has made rich men. Unfortunately, it seems to have allowed a snake in, who has turned on him for who knows what personal vendetta, or trying to make up for losses he/she was not prepared to stand (after the event).
As Aorangi did not need a prospectus, these were investment transactions between consenting adults: the government had no right to be involved here: none.
This is an historic day. Not because we drew 1-1 with Italy, but for the first time we have seen that a politician, and a bunch of no-hoper parasite bureaucrats can decide to take, for all extents and purposes, your life according their whim. The richest man in the South Island one second, in the next due to the ruthless intrusion of the State into his freedom to live his life as he wishes, he can't even buy a pie at the local dairy because all of his private bank accounts are frozen.
I would have thought I might only have seen this in Venezuela, China or Stalin's Soviet Union. Think about what has happened here.
I hope Allan Hubbard gets out from under this.
More SOLO Store
The Fountainhead by Ayn Rand
Atlas Shrugged by Ayn Rand