John Key has been unable to turn our economy around

[p.dath]

As an analogy, John is spending more than he is earning at his job, so he sells his car and leases it back while he spends the money. Then he sells his house and rents it back, while Mike next door goes out and gets a better job that pays more and keeps his car and his house - and probably buys John's stuff.

You realise this is a common business practice, to sell assets and lease them back? It frees up capital that can be re-invested in another areas of a company.

Most people can't just go out and get a better job that earns money - because if they could, they would have already.
However they could use the money from the car they just sold to improve their training and education so they could.

[Gibbo89]

Yeah, can the whole thing ay? There are a hell of a lot of jobs out there, so there is no need to be unemployed, and if you suffer from some long term condition that means you can't work, then tough shit.

You my good sir are a muppet. Read my second sentence, I did not say 'tough shit' to everyone, there are just plenty of people who milk the floored system and this adds to our national debt.

To those that are mentally incapable of packing a bag at a supermarket... well we'll all have to pay our taxes and support these people won't we? I'm not complaining about them.

[enigma51]

so it's time to flog the family silver:

http://www.nzherald.co.nz/nz/news/ar...ectid=10702066

Power companies, Solid Energy (who control our most significant fossil fuel resource) and Air NZ today, what will go tomorrow? I suggest ACC, TVNZ, Kiwibank for a start. We already export a phenomenal amount of money offshore in the form of profits and dividents to our foreign owners - can we really afford to increase that amount?

And why would we want to follow the political and economic ideologies that have hurt us so badly in the past? Surely we should have learnt by now? Wouldn't it make more sense to build our export sector so we earn more money as a country?

As an analogy, John is spending more than he is earning at his job, so he sells his car and leases it back while he spends the money. Then he sells his house and rents it back, while Mike next door goes out and gets a better job that pays more and keeps his car and his house - and probably buys John's stuff.

So vote labour then

You will get a extra $10 a week according to Goff.

[Slicksta]

So how do all the lefties think we are going to continue to afford the 300 million dollars on average a week we are borrowing on average? Tax the rich who have worked for it, giving them less incentive to invest in our economy? National has moved slightly more to the right its not enough but it makes them the lesser of two evils considering labors last bribing speech.

[aprilia_RS250]

i think you'll find that the countries with the worst social welfare systems in the world (third world countries) have the most crime, and the ones with the best systems have the safest communities and the greatest average wealth.

This makes no sense.

You're thinking of spurious correlation here. It's like me saying the world has been heating up (global warming) because polar bears are becoming extinct. i.e. one is a product of another. I think you'll find a good strong economy drives crime down, not social welfare. A third world country will need a good economy in order to reduce crime, increase standards of living and actually afford social welfare which is only a mere short term solution to help out those who haven't jumped on the growing economy bandwagon.

[phill-k]

oh good another lefty bashes the right thread and as usual is blind to the real facts

I have no sympathy for right wingers that think to privatise is to solve all issues (havnt seen this work in NZ yet)

but the article has a quote in it that was conviently ignored

"In each case, the government would retain majority ownership and control, and the freed-up capital would be used to purchase other public assets, thereby reducing the government's need to borrow," Mr Key said.

Ok tell me which of the SOE's that have been sold still trade successfully and have performed better than when in Government ownership.

[aprilia_RS250]

Ok tell me which of the SOE's that have been sold still trade successfully and have performed better than when in Government ownership.

Ummmm...... Telecom, remember what it was like in the 80s?? Contact Energy, State Insurance, Air NZ... Just to name a few.

[Scuba_Steve]

Ok tell me which of the SOE's that have been sold still trade successfully and have performed better than when in Government ownership.

Ummmm...... Telecom, remember what it was like in the 80s?? Contact Energy, State Insurance, Air NZ... Just to name a few.

yea hes got ya there mate, what you wanted to ask was which is now better for the end consumer than it was under SOE, answer then is not many, if any

[phill-k]

You my good sir are a muppet. Read my second sentence, I did not say 'tough shit' to everyone, there are just plenty of people who milk the floored system and this adds to our national debt.

To those that are mentally incapable of packing a bag at a supermarket... well we'll all have to pay our taxes and support these people won't we? I'm not complaining about them.

Actually you are the muppet, in the scheme of things there are as a percentage very few abusers of the welfare system and they add very little to our national debt. The benefits to society of having a well funded and sympathetic welfare system far out way the few that abuse it.

[phill-k]

yea hes got ya there mate, what you wanted to ask was which is now better for the end consumer than it was under SOE, answer then is not many, if any

Yes agree with you there, the fact that we export the profits of some of these concerns and thus add to our overseas debt should also be taken into account.

[Fatt Max]

Just watching My Key on Close Up and keep hearing partial sell off of assets.

Now, lets take Air NZ. What bit of the planes will they be selling? The wings? The bogs? The black boxes (and I am not talking about the hosties)

Tell you what, if they are selling the bun warmers then I'll have one of them but there is no way I am buying an overhead locker, life jacket or box of sick bags.

I wonder if they will sell off hosties undies?

[Flip]

Oh great, sell Solid Energy at the same time the price of coaking coal which was $150 tonne is predicted to reach $500+ in the near future. Coaking coal is the high value stuff used to make steel.

Sounds like a crock of shit to me.

It really sucks to be a peasant in this country.

[Slicksta]

Actually you are the muppet, in the scheme of things there are as a percentage very few abusers of the welfare system and they add very little to our national debt. The benefits to society of having a well funded and sympathetic welfare system far out way the few that abuse it.

What???
You do realise that Social Security and Welfare is the governments biggest expenditure???
How can you say that they don't add to our debt?
24.2 billion dollars a year

[yachtie10]

Ok tell me which of the SOE's that have been sold still trade successfully and have performed better than when in Government ownership.

What part of what i said dont you understand?
I said

"I have no sympathy for right wingers that think to privatise is to solve all issues (havnt seen this work in NZ yet)"

And your question is one that cant be answered in a simple statement
I know people who think telecom is way better that when it was government owned (I dont happen to agree)

[phill-k]

What part of what i said dont you understand?
I said

"I have no sympathy for right wingers that think to privatise is to solve all issues (havnt seen this work in NZ yet)"

And your question is one that cant be answered in a simple statement
I know people who think telecom is way better that when it was government owned (I dont happen to agree)

I take your point