2011 Budget

[superman]

Government annouces net deficit of around 39.4 billion dollars. And the year to the budget accounts for 16-17 billion of this (gross 67 billion net 39.4 after supposed financial assets....)

May 19 budget... what do you reckon the good old government are going to do to counter this?

I reckon this budgets going to be reminiscent of the black budget. I'd actually be all for cutting interest free student loans, if they did the same with cutting down large welfare numbers, cutting down working for families crap etc all in one go. But I guess I'm definitely more on the capitalist side rather than socialist.

GST to 17.5%? Let's hope not.

[Oblivion]

what do you reckon the good old government are going to do to counter this?

Most likely borrow more money. Actually

[Brett]

Massive overhaul of the social welfare system needed.

[Maha]

'what do you reckon the good old government are going to do to counter this'?

Keep blaming the previous Government/s....

[mashman]

they'll probably lower corporation tax a percent or two..... as well as what Maha said

[Ender EnZed]

'what do you reckon the good old government are going to do to counter this'?

Keep blaming the previous Government/s....

This.

[Bald Eagle]

Increase ACC levies oops they already did that to get a few extra mill - not sure who else they gunna rape.

[Murray]

Dear John Key and Bill English,

Please find below our suggestion for fixing New Zealand's economy…..

Instead of giving billions of dollars to the Banks, Iwi's and others to be squandered on unearned bonuses and extravagant oveseas trips, use the following plan.

You can call it the Patriotic Retirement Plan:

There are about 1 million people over 50 in the work force.
Pay them $1 million each severance for early retirement with the following stipulations:

1) They MUST retire. One million job openings = unemployment fixed ....
2) They MUST buy a new car. One million cars ordered = motor industry fixed.
3) They MUST either buy a house or pay off their mortgage and the banks must use the money for cheap new loans for new home buyers = housing supply and affordability fixed.
4) They MUST buy at least $100 of alcohol a week = your money back in duty/tax etc.
5) The MUST buy some shares in the strategic NZ companies you propose flogging off, and hold them for at least 10 years = US owning OUR remaining assets and more money kept in NZ instead of sent overseas. Note that of our biggest 20 companies in 1988 ALL are now owned overseas or controlled or owned by Graeme Hart, except for Fisher & Paykel; and from just Telecom and the BNZ alone (and not even including the other 17 companies) $16 billion of dividends has gone to their overseas owners.
6) They MUST pay for their grandchildren to go to University = no further need for student loans and more doctors and nurses.
7) Instead of stuffing around with the carbon emissions trading scheme that makes us pay for the major polluters, tell the greedy bastards to reduce their pollution emissions by 75% within 5 years or they'll be shut down = more jobs for inventive NZ manufacturers providing polution solutions and more tourists to a really cleaner, greener NZ.
8) If you need more money, have all MP's pay back their falsely claimed expenses and second home allowances.

And while we are at it, lets address the needs of the Elderly and Criminals

Let's put the pensioners in jail and the criminals in a nursing home.

This way the pensioners would have access to showers, hobbies and walks.
They'd receive unlimited free prescriptions, dental and medical treatment, wheel chairs etc and they'd receive money instead of paying it out.
They would have constant video monitoring, so they could be helped instantly, if they fell, or needed assistance.
Bedding would be washed twice a week, and all clothing would be ironed and returned to them.
They would be checked every 20 minutes and be provided with all meals and snacks.
They would have family visits in a suite built for that purpose.
They would have access to a library, weight room, spiritual counselling, pool and education courses.
Simple clothing, shoes, slippers, PJ's and legal aid would be free, on request.
Private, secure rooms for all, with an exercise outdoor yard, with gardens.
Each pensioner could have a computer, tv, radio and daily phone calls.
There would be a board of directors to hear complaints, and the caregivers would have a code of conduct that would be strictly adhered to.

The criminals would get cold food, be left all alone and unsupervised, with lights off at 8pm and showers once a week.

While living in a tiny room and paying $800.00 per week with no hope of ever getting out.

[Bikemad]

i vote Murray for president!!!!!

[Maha]

i vote Murray for president!!!!!

Muzz the Prez is kind of catchy....

[AllanB]

I blame the earthquake.

But I blame that for everything.

Handy really.

Sleep in - earthquake
Forget stuff - earthquake
Shitty corner entry/exit - earthquake
Horny - earthquake
Broke - earthquake

[sil3nt]

Those in charge will still get a pay rise soon and will still take joy rides in tax payer funded cars / helicopters. We wouldn't need to pay people to protect John Key if he stopped wasting all our money.

But its still Labours fault and they are still the good guys fixing it

[Oblivion]

I vote anarchy.

[Mully]

Never mind. Just realised I can't actually be fucked.

[James Deuce]

The MOST disappointing thing about this budget is Motorcyclists haven't taken their shotgun out of the cupboard and set up barricades of burning tyres around Parliament.

The Government is claiming the the deficit has been offset by gains made by - come on you can do it - ACC.

It was broke 2 years ago.

They raised motorcycle rego levies because ACC was broke.

As I said at the time, it isn't broke, its fund managers are geniuses who turn their surplus into industry sustaining investment for many NZ companies.

In a country with balls, MAG and BRONZ would be howling for Nick Smith's resignation because he lied. Hell, individual bikers would be openly harassing him. He stood up in front of 9500 bikers and lied. In a lot of countries that's a political death sentence. He stood in front of a variety of media organisations and formats and lied. We knew that. No one else did. No one else cared. The Unions didn't care, the media dismissed us as a bunch of greasy blue-collar herberts, and the Government went on a divide and conquer mission that succeeded beautifully the moment our "representatives" accepted Government coin to come up with a "solution" for the motorcycling "problem".

The only "problem" is the inability of any organisation to gain any traction against a Government intent on turning NZ into a bi-cultural nightmare country with two administrations running people's lives based on race and an intense, burning need to divest itself of any public property or investment opportunities that will benefit voters directly in return for license payments from a foreign owned corporations that are a fraction of the potential earnings a NZ owned Corporation could make.

Taranaki has some of the best light, sweet crude oil in the world. Diesel is going to become increasingly important as a fuel source, as is the lower refining costs associated with this quality of oil. We don't own those oil fields. We sold them. We get a license fee from a company who fills a giant tanker that doesn't berth anywhere in NZ and sods off with an energy source that made country's like Norway incredibly rich and gave its citizens a standard of living that is unmatched. In a country perched on the edge of cliffs, mountains, The North Sea and the Arctic Circle.

Kiwis are mad.