The 2017 Election Thread

[Ocean1]

you claimed they werre the worst performed bank

Wrong. I said that in my experience their service was shit.

So do You mean to say that just because burger king has an outlets at Shell gives them a advantage?

Wrong again.

But are you implying that giving existing shell outlets a monopoly mail business wouldn't represent an advantage?

No you said they have an unfair advantage this is not the case.

It is the case, no other bank has an owner with the ability to impose regulations that favour only themselves, do they?

It is not the goverments job to interfer with the "free market.".
Kiwi bank has incresed the competition.If they put in more regulation you would be moaning that the commies were being comunists interfering in a free market.

No, it's their job to regulate markets in order to prevent anti-competitive behavior. By your own observation they're not doing that. As I said, I'd be using Kiwibank to keep the others honest, but that's just me. I'm fine with you not agreeing with that idea, but stop pretending that's what I said the govt IS doing.

The fuel industry operates in a free market, you by uyour own admission aggree that it isn't working despite it operating in a free market.
the fuel companies are profiteering as its a captive market and they are operating in an enviroment where they colude to improve profits.

a market where there's clear collusion is not a free market, that'd be a complete oxymoron.
Conversely, if it's a free market then it's openly competitive, there isn't any collusion.

they were not giving advice they were telling them what to do. That is not the reserve banks job description.
As for needing advice why is it that they have a surplus despite all the crap national tried to say how the budget never balanced?
why have we just had the biggested quartely GDP risse in years?
which was actually twice what the reverve bank predicted?

Well it's certainly got fuck all to do with anything the govt did. It rarely does, it's got far more to do with how productive the "productive sector" currently is and how their customers are doing.

Speaking of consumer confidence, how's that going?

Business confidence?

Govt policy designed to encourage above?

Govt policy to manage predatory monopolies that damage all of the above?

[husaberg]

Wrong. I said that in my experience their service was shit.

Kiwibank shows exactly what the result is when you get any normal political party doing that: a state owned entity with an unfair advantage charging exactly what the existing market already does, providing poorer service in the process. No government can resist the temptation to simply take the cash and divert it to their pet projects. In the long term that behaviour not only fails to eliminate a monopoly, it actually reinforces it.

Which is not borne out by the results i posted or what you posted either thus your assertion is false.

Kiwibank is Bank of the Year for First Home Buyers 2011, 2012, 2013, 2014, 2015, 2015, 2016, 2017
Best Value Term Deposit Award 2015, 2014, 2016

No.

its the same set up. thus your ascertion is wrong
Not to mention its based in a lot of places at NZ post shops as its a 53% subsidiary of NZ post

It is the case, no other bank has the ability to impose regulations that favour only themselves, do they?

Kiwibank is run by a board that has no imput into the rules to which banks operate.
So you are wrong again.
not to mention the chairman being an EX National PM

No, it's their job to regulate markets, to prevent anti-competitive behavior. By your own observation they're not doing that. As I said, I'd be using Kiwibank to keep the others honest. I'm fine with you not agreeing with that idea, but stop pretending that's what I said the govt IS doing.

It is not the governments job to regulate markets. thats the commerce commissions job and the reserve banks as well
If you wish to assert that kiwibank is not competing in a market or the market is not more competitive as a result of the formation of kiwibank provide some proof.

Well it's certainly got nothing to do with anything the govt did. It rarely is, it's got far more to do with how productive the "productive sector" currently is and how well off their customers are feeling.

It clearly is if it was lower you would certainly blame the government.

Speaking of consumer confidence, how's that going?

Business confidence?

gdp is up despite business confidence being down which is a better judge of economic performance.
GDP growth is twice reserve bank projections.
Go back to the last 6 governments the ones with the lower business confidence produced higher GDP growth.



this government can also balance the budget by billions while paying off the last governments borrowing.

[Ocean1]

Which is not borne out by the results i posted or what you posted either thus your assertion is false.


its the same set up. thus your ascertion is wrong
Not to mention its based in a lot of places at NZ post shops as its a 53% subsidiary of NZ post


Kiwibank is run by a board that has no imput into the rules to which banks operate.
So you are wrong again.
not to mention the chairman being an EX National PM

It is not the governments job to regulate markets. thats the commerce commissions job and the reserve banks as well
If you wish to assert that kiwibank is not competing in a market or the market is not more competitive as a result of the formation of kiwibank provide some proof.

It clearly is if it was lower you would certainly blame the government.

gdp is up despite business confidence being down which is a better judge of economic performance.
GDP growth is twice reserve bank projections.
Go back to the last 6 governments the ones with the lower business confidence produced higher GDPs.

this government can also balance the budget by billions while paying off the last governments borrowing.

You continue to argue against yourself. You're beyond rational discourse, either terminally indoctrinated or simply deranged.

[husaberg]

You continue to argue against yourself. You're beyond rational discourse, either terminally indoctrinated or simply deranged.

Got any stats to back that up
Or is it like the rest of your statement high on rhetoric and your own biased opinion but low on facts.
You cant argue that Business confidence vs GDP growth only has a correlation of .2 This is a fact.
Thats is only one in five or a coin flip is 2 1/2 times more accurate.
but business confidence vs National or Lab has about .95 correlation

Former Reserve Bank economist Rodney Dickens of Strategic Risks Analysis believes the survey has a major political bias. Basically business leaders are likely National Party supporters and this view biases them against the new Government more than any actual concrete business risk.

[Ocean1]

Got any stats to back that up

I suppose I could round up the number of times you've assembled some obviously anemic straw man to argue against rather than address the issue, but it's patently obvious that it's your go-to modus operandi, so why bother.

[sidecar bob]

Things always work out better when they're rushed.
https://www.stuff.co.nz/national/pol...-price-margins
But the real pink elephant here is that it's only a small step from this, to telling a tradesman how much he can charge for services or products.
Really glad I'm not in business anymore, especially one that had six courtesy cars that everybody got upset at the thought of putting petrol in. (Including me)

[husaberg]

I suppose I could round up the number of times you've assembled some obviously anemic straw man to argue against rather than address the issue, but it's patently obvious that it's your go-to modus operandi, so why bother.

Really here is how a discussion goes with you
You make highly biased claims not backed by any evidence, that you pluck from thin air.
When someone asks you to substantiate them
As you clearly can't cant, you then project that onto someone else than claim the other is biased or unreasonable.
You then say you cant be bothered and just insult the other person.
Its basically Katmans MO without the homosexual undertones.

[jasonu]

Things always work out better when they're rushed.
https://www.stuff.co.nz/national/pol...-price-margins
But the real pink elephant here is that it's only a small step from this, to telling a tradesman how much he can charge for services or products.
Really glad I'm not in business anymore, especially one that had six courtesy cars that everybody got upset at the thought of putting petrol in. (Including me)

Pretty soon they will be telling property owners how much rent they can charge.
The place is starting to look a bit communist.

[sidecar bob]

Pretty soon they will be telling property owners how much rent they can charge.
The place is starting to look a bit communist.

Yup, there will be a man from the govt come around & asess it as to the maximum rent that can be charged for the property & that will be that.

[Grumph]

Yup, there will be a man from the govt come around & asses it as to the maximum rent that can be charged for the property & that will be that.

At least that might shift invesment from property to something that could benefit the country.

Did you ever hear about the French tax assessment system from I think the 50's ? You were taxed on your assets, houses, cars, the wife's jewellery etc...
But property assessments were done from the street. Led to some pretty shoddy appearing property as a tax dodge.

[sidecar bob]

At least that might shift invesment from property to something that could benefit the country.
.

But housing benefits the country. Who will house all the poor people if landlords leave the market?

[husaberg]

But housing benefits the country. Who will house all the poor people if landlords leave the market?

If we let them eat cake they can live rent free in gingerbread houses

[husaberg]

-15%

https://www.radiolive.co.nz/home/on-...new-leaks.html
5.27 is where he nearly cried

---

Then you have this.


After he rejects the allegation of unlawful wrongdoing on his part Paula turns and looks at him. then looks away........
via GIPHY

[jasonu]

-15%

https://www.radiolive.co.nz/home/on-...new-leaks.html
5.27 is where he nearly cried

---

Then you have this.


After he rejects the allegation of unlawful wrongdoing on his part Paula turns and looks at him. then looks away........
via GIPHY

Yep he's definitely a plonker.

[husaberg]

Yep he's definitely a plonker.

Stupid, I think is if he had not gone on a witch hunt it would have blown over his transport overspending was a non issue.