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Posts Tagged ‘Ponzi scheme’

NZ Government is a Ponzi Scheme!

Posted by te2ataria on July 17, 2019

sent by an independent expert in Eruption City

Road Toll Alert: Many Fatalities, Serious Injuries Continue to Go Unreported

Why would government need a new strategy to reduce number of road deaths by 40 per cent when their existing strategy of “Lying by Omission” reduces the fatalities by at least two-thirds?

Not fully satisfied with its policy of “Lying by Omission”, government insists its new strategy, released today, will reduce the road toll to all time lows.

“The government’s ‘Road to Zero’ 2020-2030 road safety strategy consultation document outlines how it aims to reduce deaths and serious injuries on our roads by 40 per cent by 2030”,  a report said.

Government still insists that only 377 deaths and 2,598 serious injuries occurred on NZ roads in 2018.

[UPDATED by DH: The actual figures for  NZ were 1,131 road fatalities and more than 4,500 serious injuries. Based on estimated 48 bkm travelled in 218, that’s about 23.6 road fatalities per billion kilometres, compared with 3.0 in Norway, 3.2 in Switzerland, 3.3 in Sweden, 3.4 in the UK and 5.2 in Australia. Moderator K. ]

NZ Road Fatalities 2019 (YTD)

THANKS TO MAJOR CENSORSHIP CAMPAIGNS CONDUCTED BY NZ GOVT, MORE THAN TWO-THIRDS OF ROAD FATALITIES GO UNREPORTED TO PREVENT SPREAD OF BAD REPUTATION AS  THE WORLD’S DEADLIEST TOURIST DESTINATION, THEREBY PROTECTING THE COUNTRY’S CUTTHROAT TOURISM, BANKING AND FOREIGN INVESTMENT! [Search blog for additional information.]

A Page From the U.S. Govt. Book of Deception:

NZ government (police and Ministry of Resurrection) under-report road fatalities and murders in the same way Puerto Rican officials (US Govt) misled the world following Hurricane Maria. Death toll from the deadly storm was reported as only 64, instead of the scientifically researched total of at least 2,975.

In deadly racist NZ, about two-thirds of road fatalities go unreported, or unrecorded! [See blog entries under Ministry of Resurrection.]

NZ Police and Ministry of Resurrection Watch

Proudly Killed in NZ: But How Many actually killed on NZ roads this year so far?

As of July 16, 2019, at least 564 people have been killed and more than 1,600 others critically/seriously injured on NZ roads, according to the blog’s advance statistical models that are backed by multiple resources [Margin of error: ±3 per cent.]

  • Actual road toll for 2019 YTD: 612 [Based on the blog’s advance statistical models and backed by exhaustive sampling and various resources – margin of error: ±3 per cent.]
  • No. of fatalities reported by police: 403  [Includes both police public reports and classified data for two regions provided to us by police insiders.]
  • Official No. of crash victim: Only 206 fatalities listed by Ministry of Transport (MoT).
  • No. of dead victims known to have been statistically resurrected by MoT: 403-206= 197

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NZ road toll – YTD  2019 – about two-thirds of actual road fatalities have been omitted by NZ govt. Source Ministry of Resurrection [aka, MoT] https://www.transport.govt.nz/

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Officially doctored NZ road toll – half year 2019 – about two-thirds of actual road fatalities have been omitted NZ govt. Source Ministry of Resurrection https://www.transport.govt.nz/Officially doctored

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Monitor the Ministry of Resurrection’s road fatality updates and calculate the number of resurrections at https://www.transport.govt.nz

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Posted in Tourist Deathtrap | Tagged: , , , , , | Leave a Comment »

The Ultimate Cost of a Leaky House

Posted by te2ataria on July 20, 2009

sent by a reader in New Zealand’s murder capital II (Christchurch)

How a phony economy relies on lending fraud …

  
Leaky Homes Syndrome. Source of Image

AND leaky houses, used as collateral, lead to suicide

1. More than 50 percent of all New Zealand Houses are leaky (built to become leaky).

2. If New Zealand Houses were not leaky, the building and building maintenance trades would shrink by about 50 percent. 

3. At least 50 percent of all NZ builders, building engineers, plumbers… are INCOMPETENT (which suits the above scenario just fine, by providing a reason and an excuse).

4. Given the size of New Zealand and the number of  [the two-legged] population, and compared to all other countries in the world, the cost of the average plot of land for the average size house should not Exceed a maximum of about NZ$1,500.

5. The average cost of all the building material used to build an average house in NZ should not exceed about NZ$20,000.

6. Given the standard of buildings in New Zealand houses, it should take a crew of 6 no more than about 4 weeks to build a house, making up a total labour costs of about $30,000.

7. The national median house price fell 4.1% to NZ$337,500 (US$190,524) in November 2008 from the previous year. http://www.globalpropertyguide.com/Pacific/New-Zealand [New Zealand’s Reserve Bank says average house price will fall to $306,000 by 2010.]

8. The difference between the total cost of a newly built house and its sell price, excluding the legal costs, is $51,500  – $337,500 =  (NZ$286,000), which can be called the “lending fraud premium,” is built into the fake market price of the average house, as the going rate, to portray the false, fraudulent image that NZ has a viable economy!

[NOTE: This is New Zealand’s Real Estate Ponzi Scheme, which involves just about everyone including the government,  Reserve Bank of New Zealand, the lawyers, banks, Estate Agents mafia gangs… New Zealand’s Real Estate Ponzi Scheme brings in lots of foreign cash by selling houses to the easily-deceived South East Asian investors at rip-off prices.]

9. Using your house as collateral for borrowing works if the building is not known to be leaky!

10.  Several leaky home owners have committed suicide, and dozens of others are on suicide watch.

Now read the rest of this saga:

Leaky house costs owner’s life

By Heather McCracken and Alice Neville

The distraught owner of a leaky home has taken his own life – one of three self-inflicted deaths attributed to the crisis – and dozens of others are on suicide watch.

The Auckland businessman hit the wall after his leaky home woes affected his efforts to support his business.

He was trying to borrow money against his home but the lender rejected his application when the it found out his home was leaky.

Leaky home campaigner John Gray said investigations had shown the cost of repair would have been around $750,000 – almost the cost of a rebuild. “He couldn’t afford to repair it, and so he wasn’t able to borrow money. It all became too much.

“It highlights how much of a reliance we have on our homes as an investment. Most New Zealanders consider that as their bedrock for investment.”

Gray said the man was one of three who had taken their own lives as a direct result of having a leaky home. He knew many more who were suffering from severe depression.

“They’re backed into that corner of absolute hopelessness,” said Gray, president of the Home Owners and Buyers Association New Zealand.

“I’ve seen several people have real breakdowns purely and simply as a consequence of having a leaky home and battling for years to get through the process.”

In 2007, Gray told the Herald on Sunday he knew of at least 10 leaky home victims on suicide watch. Two years on that figure has risen sharply. “It’s the insidious and quite hidden cost of this problem that is of great concern to us,” he said.

“Dozens of people are suffering really badly. They need a lot of support to get through this sorry mess because they’ve got the financial worries and the loss of security. For some people there’s no hope.”

Gray said local authorities and lawyers who charged huge fees shouldered much of the blame.

“The result is they don’t have enough money to fix their homes and they’re just dying a slow and miserable death in their rotten, defective homes.”

Many were once successful businesspeople who were struggling to cope with the stigma of mental illness. “We’ve got high-profile people in executive jobs who won’t get help because of the stigma of depression – they fear how that will impact on their future and their career,” said Gray.

He knew of one “very well-known businessman” who had been hit particularly hard. “He’s saying ‘I’m tough, but this has just brought me to my knees’.”

Gray wants the Government to put more effort into helping homeowners fix their properties and offer help to people who aren’t eligible to go to the tribunal or can’t afford litigation.

Leaky home owners’ advocate Bill Duval said there was a huge social cost in broken marriages, stress, and continuing health problems related to damp and mould.

He had previously estimated 100,000 homes could be affected but now felt the numbers could be higher.

A report into the extent of the problem, commissioned by the Government, is expected to show far more homes are affected than previously thought.

The rising cost of the crisis would force councils to be “ultra conservative” with building consents, Auckland City Council finance committee chairman Doug Armstrong warned. He said unless the Government shouldered more responsibility, the cost of building a house would rise.

“If we’re expected to guarantee the building we would have to put someone on the job fulltime to make sure every little detail was right, and building consent costs would be $50,000.”

The Government has called for a full report on the Weathertight Homes Resolution Service, and commissioned a review by Pricewaterhouse Coopers into the extent of the crisis. Building and Construction Minister Maurice Williamson wouldn’t comment before the review was complete. copyright nzherald.  http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10583897 

Posted in building standard, lending fraud premium, NZ banks, suicide, Tourist Deathtrap | Tagged: , , , , , | Leave a Comment »

Bravo Brazil

Posted by te2ataria on April 27, 2009

sent by a reader

Brazilians pass with flying colors where colonized China failed!

By failing to prosecute Fonterra directors for their part in killing scores of Chinese kids [exact number is a state secret] and sickening another half a million, Chinese government proved to the world that they are NOT in charge, despite being in power!

Brazil court convicts NZ man over Ponzi scheme

Brazilian court convicted a New Zealander [pakeha,] an Israeli and two Britons of running an international investment scam that fleeced scores of victims, the media reported the officials as saying.

pakeha Alan Craig Chard was  sentenced to nearly 6 years in prison, after he was found guilty of fraud.

The Israeli, Doron Mukamal, was received 24 years and four months for ‘masterminding’ the Ponzi scheme in Sao Paulo, the state prosecutor’s office said.

The judge found him guilty of fraud and money laundering and ordered the several properties Mukamal had purchased in Sao Paulo and large sums of money to be  confiscated.

Source: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10569053

Any wonder why New Zealanders treat Chinese people like “harmful insects?”

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Posted in Alan Craig Chard, britons found guilty, Israeli fraudster, pakeha puke, sanlu scam | Tagged: , , , , | Leave a Comment »