January Comment 2008

CANCEL THOSE NEWSPAPER SUBSCRIPTIONS


The best summer since we (some of us) were kids – I’m thinking Sixties – and we have to put up with a barrage of economist panic merchants predicting doom and gloom again.

And the sun is shining so brightly day after day after day that it’s hard to read a paper on the beach anyway.

Is the U.S really in recession?

Can a defaulting Oakland subprime desperado cab driver really affect Auckland mortgage rates or is it a Reserve Bank conspiracy to punish us further for investing in property?

Now we have investment groups reneging on forwarding the rents to increasingly concerned clients.

I caught a neighbour last Friday, 4.30 in the morning, who had been stealing my newspaper regularly for three months. Her screaming brought half a dozen local Dads and three police cars with six very serious officers within minutes. They took her away for “assessment” and to charge her with theft.

I now think she’s been doing me a favour.

Yes, I’ll drop the charges and ask her to continue.

We had a great December and a very happy Christmas.

Stop reading the news and if you’re in New Zealand get back to the beach.

Oh yes, there’s an unprecedented shark infestation around our shores so stay out of the water.

Hey, it’ll be February soon.

Martin