tag:blogger.com,1999:blog-19962237.post6657154220814407222..comments2024-03-04T16:39:30.609+13:00Comments on Lindsay Mitchell: Homeless with $70KLindsay Mitchellhttp://www.blogger.com/profile/04437693272797130833noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-19962237.post-12239959999667361412013-02-09T18:02:29.819+13:002013-02-09T18:02:29.819+13:00I think this is mental illness *and* bludgerism.
...I think this is mental illness *and* bludgerism. <br /><br />I bought my current house (my first) with a $40K deposit. Just over half what this guy has.<br /><br />I agree with anon @11:05 - this guy is **rolling** in money, comparatively-speaking. He *COULD* work *very easily*, but he chooses not to (and lazy old WINZ aid and abet him in this fraud.) Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19962237.post-35268499500316789292013-02-09T18:00:48.071+13:002013-02-09T18:00:48.071+13:00He's already a criminal because he's getti...He's already a criminal because he's getting a benefit. <br /><br />Any crims that stand him over are more honourable than he is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19962237.post-40141688821878656602013-02-09T16:48:20.517+13:002013-02-09T16:48:20.517+13:00Sometimes anonymity is better than shooting off th...Sometimes anonymity is better than shooting off the proverbial.<br /><br />As above as well, Mark WahlbergAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19962237.post-27840330431538432032013-02-09T16:46:15.117+13:002013-02-09T16:46:15.117+13:00I wonder how long it will be before this man is ta...I wonder how long it will be before this man is targeted by a criminal element who will extort his life savings from him by violence or other means and he ends up being exactly what he looks like. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19962237.post-35269691237099919282013-02-09T13:41:18.938+13:002013-02-09T13:41:18.938+13:00He isn't informed enough to know the work arou...He isn't informed enough to know the work around for the benefit system.<br /><br />I'd advise him to state he intends to use the money to purchase a home to live in (this buys him a year minimum, two years at the discretion of Work and Income where his 70K will not be treated as a cash asset).<br /><br />If it were me I'd open a GoldMoney account. If the Muppets at the ministry questioned me on it I would explain that it was not a purchase of gold/silver, it was in fact a liquid account where money could be withdrawn at any time to purchase the house I stated I would buy.<br /><br />Of course, you do <i>technically</i> own the gold and can pick it up from a vault overseas so you get the benefits of predicted returns on metals in the next two years with the liquidity of a regular bank account. I remember the MSD's definition of fraud is not the same as the rest of the country so I reckon worth the risk/reward.<br /><br />Oh, yeah...and we don't have any capital gains on the value of that stored metal and having money stored like this he'd get around the interest deduction.<br /><br />You are right of course, the AS would assist him but it would work more in his favour if he had kids (!!). <br /><br />Possibly he could use sweat equity and build his own home using recycled tyres or something while he is still fit enough to do so or he could renovate an exsisting property that the AS pays for him to live in. Then he could profit from the capital gain (not yet taxed in NZ) if nothing else. <br /><br />Is the point of the article that he's just a little slow or has no balls? Or are we meant to feel sorry for him eating his noodles?? Hard to tell.S. Beastnoreply@blogger.comtag:blogger.com,1999:blog-19962237.post-31789757331253157872013-02-09T11:05:20.198+13:002013-02-09T11:05:20.198+13:00This guy's problem isn't really mental ill...This guy's problem isn't really mental illness - it's bludgerism.<br /><br />Living on the street is honourable - much more honourable than taking a benefit for example.<br /><br />His problem is that he's taking a benefit - I don't care if is assets are in a house, or term deposits or whatever - he simply should not be eligible for a benefit until they are gone, and when they're gone he should not receive a benefit anyway - because no-one in NZ should receive any benefits.Anonymousnoreply@blogger.com