Crown accounts $14bn worse off

[Brian d marge]

Ignoring all your other hyperbole, would you care to explain this rather curious statement?

Please dont ignore it

We have been through this before ..

but yes I could explain it , Snip

as a seconds worth of google

New Zealand’s parliament voted unanimously last month to pass the Canterbury Earthquake Response and Recovery Act (CERRA), which gives government ministers the power to override almost any law in the country’s statute books. The conservative National Party government pushed through the legislation in a single evening, with the full support of the Maori Party, the opposition Labour Party and the Green Party.


If they want wood , workers or toilets they just have to ask

Stephen

oh and by the way I am half way through some bed time reading for you... you'll like it I'm sure

[Banditbandit]

And that wouldn't have happened under Labour?
Did you miss the Global Recession?

Not satying that at all .. just saying the National is not squeaky clean on this one ... they are just as bad as Labour ...

[Oscar]

Recession my ass, plenty of businesses are making it through the tough times, and not all, not even close, are suckling at the govt tit.

Call me cynical, but I'm guessing you don't have a shred of evidence to back up this statement do you?

You're cynical . True, but i'm assuming that as the unemployement rate didn't go through the roof, yes it went up, but as it didn't through the roof and that govt doesn't subsidise private enterprise , then I pretty much stand by my assertion.

You stand by your assertion?
You're saying that the Govt. is subsidising private enterprise because unemployment went up, but not as much as you expected?

You are making even less sense than usual.

[Banditbandit]

You stand by your assertion?
You're saying that the Govt. is subsidising private enterprise because unemployment went up, but not as much as you expected?

You are making even less sense than usual.

It was certainly mentioned by John Key on TV news the other night ... they did not want people employed by these large media companies to lose their jobs ...

[Oscar]

Please dont ignore it

We have been through this before ..

but yes I could explain it , Snip

as a seconds worth of google

New Zealand’s parliament voted unanimously last month to pass the Canterbury Earthquake Response and Recovery Act (CERRA), which gives government ministers the power to override almost any law in the country’s statute books. The conservative National Party government pushed through the legislation in a single evening, with the full support of the Maori Party, the opposition Labour Party and the Green Party.


If they want wood , workers or toilets they just have to ask

Stephen

oh and by the way I am half way through some bed time reading for you... you'll like it I'm sure

I am familar with CERRA, it was your comment about the Govt. not having to sell assets.

The Government could easily use the state of national emergency to rebuild CHCH, IT DOESN'T NEED TO SELL ASSETS.

You infer that the state of emergency somehow pays for the rebuilding.
How is this achieved?

[Oscar]

Not satying that at all .. just saying the National is not squeaky clean on this one ... they are just as bad as Labour ...

Bad is a relative word.
Our economic problems would have been much the same whatever party had of been in power.

Ironically one of the factors that cushioned this country from economic shock was our reliance on Aussie Banks.

[Oscar]

It was certainly mentioned by John Key on TV news the other night ... they did not want people employed by these large media companies to lose their jobs ...

Shush.
I want him to back up his own statement.
If he doesn't do it hisself, he'll never learn...

[mashman]

You stand by your assertion?
You're saying that the Govt. is subsidising private enterprise because unemployment went up, but not as much as you expected?

You are making even less sense than usual.

I will stand by my assertion, unless you can change my mind on the matter. Entirely up to you .
I'm saying nothing of the sort, although in the case of the Radio folk, ya know, those people that have hallf of the radio stations in the country (they must have stern competition ), large debt and haven't paid the govt their fees, that that is one way of looking at it.

... surely not!

[Swoop]

It also shows we've gone from a $2billion Govt surplus in 2008 (Labour Gvt) to a $9billion Govt deficit in 2010.

I seem to remember Cullen emptying the piggybank prior to his departure. A large spendup (including a big trainset which needs massive repairs) and a few bribes to the electorate who failed to fall for his "gift".
Leaving office after emptying the bank account isn't the way to help an incoming government.

[SPman]

Then why have they just bailed out TV3 and several other broadcasting companies?

perhaps this may have something to do with it...

So while this Government butcher public broadcasting, the Telecommunications Minister is giving a foriegn owned media outlet a $43 million extension because of poor revenue? That's just not true, radio advertising is the most lucrative part of the Mediaworks revenue empire, it's the TV that is dragging them down, this money isn't going to prop up radio, its being used to prop up the highly leveraged Ironbridge idiocy that bought Mediaworks from Canwest.

And what was Mediaworks before Canwest bought it? Why it was a company called RadioWorks and who owned RadioWorks - why current Telecommunications Minister Steven Joyce, he owned RadioWorks.
So the question has to be put, why on earth is Telecommunications Minister Steven Joyce cutting juicy deals for a company, part of which he used to own while Public Broadcasting is flushed down the toilet

friends in high places, as usual......

Leaving office after emptying the bank account isn't the way to help an incoming government.

National have played this game before, as well - it's not a labour exclusive!

[avgas]

I seem to remember Cullen emptying the piggybank prior to his departure. A large spendup (including a big trainset which needs massive repairs) and a few bribes to the electorate who failed to fall for his "gift".
Leaving office after emptying the bank account isn't the way to help an incoming government.

Yeah how stupid is that.
I think we should treat the govt the way we treat bad partners.
Cut up the credit card if they can't handle their spending.

Should be illegal to go into deficit.

[Quasievil]

National have played this game before, as well - it's not a labour exclusive!

Did they, when exactly and what did they do specifically ,I dont recall this?

[avgas]

Hmmm .. Key reckons that private enterpsie does it better than the Govt sector? Then why have they just bailed out TV3 and several other broadcasting companies?

http://tvnz.co.nz/politics-news/help...ompany-4052038

Because they were dumb enough to do so.
Would you like to trust their intelligence some more?

[avgas]

Gee my bad, I was under the assumption they were in control of things like national spending, law and order, education, health policy etc.

- national spending on what? benefits? BMW's?
some of the corporates here make the govt spending look like chump change

- law and order? You mean like police? the courts? Funny I remember paying both of them separately. I also remember that many in the know here wiggle their way right past govt here too

- Education. So those kids that couldn't go to school cos there were no teachers. That was all the govt doing right? NCEA vs International based testing.....

- Health Policy.......your kidding right. After all the BS that happened ACC over past few years.

You may note that pretty much all those elements have private sector components too.

[avgas]

Interest Free student loans

your turn

Explain to me again who pushed that change.......

Who needs 10,000 when you offer a swiss cheese response.