Waaiiiiit a minute, I thought the asset sales were to reduce debt.Originally Posted by SPman
Labour
National
Who the fuck cares
ArseBiscuit
Waaiiiiit a minute, I thought the asset sales were to reduce debt.
Anarchic Wild Child
Yeah .. if they don't dell assets to pay for our edumackashun then they wil have to borrow money to pay for it ...Waaiiiiit a minute, I thought the asset sales were to reduce debt.
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
NEDWN VIII
That was the original idea...and what we (the voting public) were told before National tacked to starboard and headed for the bouy.Waaiiiiit a minute, I thought the asset sales were to reduce debt.
ArseBiscuit
So what were the tax cuts for?
Anarchic Wild Child
A thank you payment for the rich fuckers who vited for them last time ..
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
Curmudgeon
I got tax cut, but I didn't vite for them.
on the up
Y'all need to catch up. Things have changed. Now the assets sales are to capitalise Kiwibank so it can be sold off along with ACC.
And I to my motorcycle parked like the soul of the junkyard. Restored, a bicycle fleshed with power, and tore off. Up Highway 106 continually drunk on the wind in my mouth. Wringing the handlebar for speed, wild to be wreckage forever.
- James Dickey, Cherrylog Road.
Curmudgeon
Y'all need to put down the bong...
on the up
Okay, I'll bite. What makes you think I'm raving?Y'all need to put down the bong...
Please explain exactly why the need for a massive capitalisation of Kiwibank paid for by sales of other NZ assets?
And I to my motorcycle parked like the soul of the junkyard. Restored, a bicycle fleshed with power, and tore off. Up Highway 106 continually drunk on the wind in my mouth. Wringing the handlebar for speed, wild to be wreckage forever.
- James Dickey, Cherrylog Road.
Curmudgeon
The main reason was the sale of ACC.
Why would you open it up to competition and then sell it?
Selling ACC would make private ventures into workers comp. even more unattractive than it is now.
Also why put money in Kiwi Bank just to sell it?
It's perfectly saleable now.
on the up
National have already stated that the workers account is to be sold off next term.
They've announced today that they are to heavily capitalise Kiwibank. Bill English has stated that Kiwibank will sold.
I suggest you take up the bong.
And I to my motorcycle parked like the soul of the junkyard. Restored, a bicycle fleshed with power, and tore off. Up Highway 106 continually drunk on the wind in my mouth. Wringing the handlebar for speed, wild to be wreckage forever.
- James Dickey, Cherrylog Road.
One hell of a ride.
Then who vited 'em in, C?
Curmudgeon
Selling off the workers account?
Opening it up to outside competition - it's a different thing entirely.
As for Kiwibank, I had been avoiding election news, it bores me.
So yeah, pass the bong
Just faidin away!
Doesn't stack up, with the 1% ... 99% complaints ... how can the 1% vite in a government that the other 99% don't want?
The media have begun their mischief and we will have the government of their choice, as always!
Who will win the 2011 election? .... "The media"!
I am therefore I do
Gosh, its a bit of a worry aint it.....
Firstly with asset sales & especially with power generation there are two reasons why they want to sell IMO. The cost of energy in one form or another is predicted to skyrocket over time & so I think its a bit of get in while its cheap 'cause the profits will be better in the future for the overseas investors......they dont need to pay tax on any dividend unlike Ma & Pa here in NZ.
Secondly, they wont be in power forever & they will no doubt call in a few favours when they get the boot
Selling shit thats making money to pay off debt that enables us to borrow more, is just dumd.And selling assets will raise your credit rating? FFS how fucked is that.You know & I know we could sell the whole Country over time & the majority will still be broke.
We need to be patient.The World will be coming to us for more & more ......its simple supply & demand,& if you think that the problems weve got now are that bad....crikey are we in for a rough few decades ahead.IMO
Thirdly, there are a other issues that arnt on the agenda at the moment becuse our dear leader has pulled the pin on legal actions & RMA rulings....thereby removing them from the media.....outta sight outta mind. The case in mind that Im alluding to is the Govt. plans for Hydroelectric generation in the Sth Isle.Orders have come down from above to not continue with appeals over the Mokihinui Dam project
UNTIL after the Election. 'Tis terribly bad for ones image see?
The Govt has been fighting DOC hard on this to the tune of over $11 million dollars in Lawyers fees......effectively fighting itself.
If this asset shit goes ahead, well it wont be just about Your's & My power that we have now. It'll effectively allow them to allow any future dam to also be this 49/51% bullshit. Personally I feel the odds are more likely to be stacked 50/60 to their benefit.
This also raises the question of Free trade agreements & WTO rulesDo we allow overseas corporations to own so much of our stategic assets? When Ma & Pa Kiwi have sold off thier last shares for a loaf of Bread or packet of chewing gum & MisterDodgey
from NewYork feels hard done by because we wont let him have his way , he then takes us to the WTO? Or do a Comalco & threaten us with pulling out if we ask them to pay a tad more than 18 CENTS/KW they pay now, or perhaps some fucking tax on their profits, I'd've told 'em "See ya, thanks for the Smelter"Nationalise it & away WE go...
Nah, Im not on the bong, the dak tin is full of seeds at the mo.
TIP OF THE DAY....
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I thought Donkey looked like the Hollow puppet that he is.
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