Parklands residents in Christchurch seem to be screaming out to “Go Red.” They want to take the government “offer” following the earthquakes and get out. I think there’s a lot of folk missing a fundamental point here. If we “Go Red,” those of us who are not insurance re-builds will have to find the $100,000 shortfall - or more - to pay for the same kind of home we had before the quakes, as a result of John’s “offer”. Yes, if we stay “Green TC3,” we may be subject to liquefaction. I know neither scenario is palatable, but if we “Go Red,” the government will deliver us into the waiting hands of the mortgage lenders, property developers and lawyers. Call me old fashioned, but that’s why I paid off my mortgage in the first place – to be rid of those parasites. Uh, oh - I can hear my critics now. I’m going to be accused of being harsh; “These are not parasites - these are professional people providing you a valued service!”
“parasite n. interested hanger-on; sycophant; animal or plant living in or on another.” [Oxford Dictionary]
Now, if I was a cynical man (and recent events are getting me there), this is the kind of conversation I bet took place last year:
JOHN: Hmm. This earthquake’s a bit of a bugger, Gezza. And we’ve got a recession. Our corporate friends are finding it pretty tough in Christchurch. What can we do?
GERRY: What about making those middle-class mortagage whores in Parklands homeless?
JOHN: How would that help the economy?
GERRY: Well, they would need to find and pay for new homes. There’ll be all kinds of spin-off revenues for our friends; land deals, new sections, lawyers’ fees, new mortgages, new house sales. Yummy.
JOHN: We can’t do that! We can’t just turf them out of their homes … Can we?
GERRY: Oh.... Yeah … Good point. Hmmm. Hang on! What about giving them a little “compensation”? Not enough to buy a new home as they had, but enough to give them some more vain hope.
JOHN: Sorry; what do you mean by “more vain hope”?
GERRY: Well, they’ll have to work even longer and harder to afford those new homes (the ones they already had before the quakes), in the vain hope of perhaps getting promotion at work, a pay rise, or even (snigger!) paying off the mortgage.
JOHN: Not sure about this. They’ll be mightily pissed off that we’re not fully compensating them for the loss of their home in the quakes. Let’s face it, we’ve had sixty years to prepare for this, and we’ve given it all away in tax cuts to our friends. Remember, you big bugger, you said publicly on Campbell Live, “It’s all about equity preservation.”
GERRY: Pfff! They’ll forget that. I’ll just deny it or put another spin on what I really said. They’ve been through quakes and liquefaction – they’ll want out at any price.
JOHN: But how the buggery would we afford that? Even SOME compensation is going to cost. Putting up income tax would hurt our friends – the ones who sponsor us.
GERRY: Pfff! We’ve bought off the mortgage whores before. We gave our establishment friends big tax cuts, and those pokey homeowners were happy with crumbs off the rich man’s table. No, we’ll just put up GST and other regressive taxes, instead. Tax the proles.
JOHN: But GST hurts our friends as well – it would mean luxury boats, designer suits and exclusive cars would cost more.
GERRY: That’s OK, they can afford it. They’ve got that back in spades from the huge income tax cuts we gave them three years ago.
JOHN: What about the proles – petrol, food and power will be much more expensive in relative terms.
GERRY: Fuck ‘em.
JOHN: I’m listening.
GERRY: And because jobs are so scarce in Christchurch right now, our friends wouldn’t have to put up with all those moaner mortgage whores asking for pay rises.
JOHN: So what you’re saying is, we make the quake-shocked homeowners homeless, give them some (not a lot) compensation for their house, so that they’ll work harder and longer to pay for the additional mortgage payments? We deliver traumatised, vulnerable people into the waiting hands of our mortgage lender, property developer and lawyer friends?
GERRY: Yup.
JOHN: Get it done.
Sunday, January 8, 2012
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