Government rush to flog off state assets with all the idealogical zeal of Karl Marx on meth
Hilariously the only NZers who can afford to buy the shares in the assets John Key is about to sell are the same top 10% he gave $2billion in tax cuts to for the last 3 years.
Adding insult to that injury is the fact the tax cut John Key gave the top 10% was borrowed and subsidized for by the rest of us through increasing GST.
Effectively we just paid and borrowed for rich people to buy assets we already owned!
How desperate as a nation are we for a vision when we accept aspiration this vacant?
Sleepy hobbits reap what they sow.
posted by Bomber @ 8:14 am
6 comments
6 Comments:
Actually most NZers will own shares through their kiwisaver accounts.
'actually' - lmao
Hey its what the voters wanted. And when the dividends start rolling into their kiwisaver funds, they will be happy
Watch this ! http://www.youtube.com/watch?v=wxTmebVRh9I&feature=related
And @ sdm . I say wank thus I win !
...and while NZers enjoy the shares through their kiwi saver accounts, the government loses revenue, therefore has to find it from somewhere else..investing the money received from the partial sale into farm cultivation won't bring them anything; the farmers have already learned how to get their way around paying taxes... hmm where will they get it from? Perhaps another bumping up of GST?
I guess we can look forward to austerity measures; an approach that has already proven to turn recessions into depressions.
Gee, I wish our politicians weren't always quite so quick to follow the policies of their American counterparts. Isn't there a lot of cocaine snorting and money corruption going on over there? Why don't they look at the results of the policies applied overseas; America scores extremely badly on many OECD research scores. Some Scandinavian countries are doing very well on the same tests.
I'm truly tired of watching our country follow political and financial approaches that are proven failures.
Why can't we follow countries that have good systems going that are actually working? (Hey! ...now there's a novel idea!)
:(
SDM - actually, ALL (not most) NZers already own shares, via our guvmint.
And actually, the SOEs make quite good returns already - which the guvmint invests in things like... Kiwisaver! (Via the $1000 kick-start.)
Don't believe the rhetoric from neo-libs. It gets embarressing when you discover how badly they've conned you.
So, you were saying?
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