Crown accounts $14bn worse off

[Taz]

Hi My name is Taz and I've never voted. Why encourage the bastards?

[mashman]

yeah but watch them change when the system changes

I doubt there'll be any change at all... a govt would have to bring in communist styled policies to get the uninterested involved in the financial economy. Seriously, better to spend all day at home than to get out and work for essentially a similar amount of money after rent, tax, GST on goods etc... You can't force someone to work.

Maybe but Kiwibank arent interested in business banking, its the peoples bank, things need to change there (im currently with Kiwibank as I thought the same)

I agree. How much do you reckon the country could make, via Kiwibank, if everyone in the country piled their excess money into the bank? Fresh, not borrowed, money into a market that's desperate for the stuff... Dodgy idea in its own way, but it's better than just ticking over and waiting for the hammer to fall?

[Quasievil]

You can't force someone to work.

Oh yes you can

Road of Bones
Bride over the river Kwai

two examples

Ok im being silly, but seriously tho I think a dictatorship would work well in New Zealand, especially with me at the helm, imagine life with me as the dictator
Bike only roads, no speeding fines for bikers, only one brand of leathers

Ok Im still being silly.

[Elysium]

Don't worry, Winston Peters will sort it all out after the election

Amen to that!

[Indiana_Jones]

....It also shows we've gone from a $2billion Govt surplus in 2008 (Labour Gvt) to a $9billion Govt deficit in 2010. Sure, some of that can be blammed on the world economy - but soem of it is the responsibility of the Govt - who aren't decreasing spending at all.

Would this be the same labour government that blew $700 million on a broken train set as they knew they were getting booted out?

And decreasing spending, would be nice, but all those civil servants in Wellington will scream blue murder. Then the media will run stories on how the government is 'reducing service' etc.

-Indy

[slowpoke]

740,000 people didn't agree with with their policies. Unfortunately the same 740K didn't agree with Labours either so gave up with the idea of voting all together.

If it helps to know. Only 34% of people actually voted for national

Perhaps it's a vote of no confidence. They might feel that no matter which way they vote, they'll get shat on from above.

I dunno, the 2 evils may both be unappealing but they aren't the same. If folks aren't smart enough to choose the lesser of 2 evils then they shouldn't complain about whatever they get.

The sad thing is most people don't follow a fuckin' thing that actually affects their lives then throw their hands up in confusion, or worse, vote on the headlines the week before the election. So many people think the back sports pages or the middle gossip section of the paper are more important than the stuff on the front that actually impacts on their lives. More fool them.

[CookMySock]

There has been a global economic recession ... and I think you'll find most countries are worse off.

What's that? Did all the money suddenly go up in flames or something?

[p.dath]

What's that? Did all the money suddenly go up in flames or something?

Pretty close to it. People paid more for assets than they were worth, with borrowed money, a market adjustment happened and prices reset, the banks couldn't be repaid, selling assets didn't allow the debt to be paid off, finance companies went under, people lost jobs and their homes, etc.

So pretty much yes. The money went up in flames.

[oneofsix]

Pretty close to it. People paid more for assets than they were worth, with borrowed money, a market adjustment happened and prices reset, the banks couldn't be repaid, selling assets didn't allow the debt to be paid off, finance companies went under, people lost jobs and their homes, etc.

So pretty much yes. The money went up in flames.

That's not the crown accounts. The Govt didn't spend that money, they did however buy some rather expensive BMWs

[Quasievil]

That's not the crown accounts. The Govt didn't spend that money, they did however buy some rather expensive BMWs

The actual price paid was cheap, $80k odd.
of course the greens will be in a horse and cart and labour will be in a lada............both being true to their cause

[Str8 Jacket]

they did however buy some rather expensive BMWs

Believe everything the media throws at you do you? The BMW's would have been purchased no matter what party was governing at the time.... And believe you me only those of us that work in that space know how much the vehicles wre purchased for, to disclose this information would be illegal.

[oneofsix]

Believe everything the media throws at you do you? The BMW's would have been purchased no matter what party was governing at the time....

just an example of govt spend verses public/personal spend as quoted by p.dath

[Str8 Jacket]

just an example of govt spend verses public/personal spend as quoted by p.dath

No, not at all.

[Banditbandit]

We can for a start make it easier to do business here the red tape blockages are not favorable for new business ventures......resource consent, corporate tax rate for a start

That may be the local perception - but on the world scale, we are one of the cheapest countries in the world for business compliance costs and one fo the most business-friendly countries in the world to do business - we rank third for ease of doing business according to the World Bank (whioch as a completely neo-liberal orgtanisation I would think you would regard them highly)

Go here http://www.doingbusiness.org/rankings

So.... whats the forecast for NZX 50? Will the rugby worldcup give any boost?

Naa .. we'll lose, everyone will get depressed and so will our economy ...

[Banditbandit]

The actual price paid was cheap, $80k odd.
of course the greens will be in a horse and cart and labour will be in a lada............both being true to their cause

I'm terribly sorry, but you are completely wrong about Labour - a Lada would never have got Auntie Helen to the rugby game on time ...