I wonder who came up with the idea to sell state assets.
It would appear it was someone who clearly is not working for the benefit of New Zealand.
On the figures given to the media these assets are returning around 17%.
Does that point escape most people?
Instead of selling assets like that, to my way of thinking, they should be borrowing money to buy more assets that can return 17%
If they are paying 4% for their money and making a 13% profit from the investment it would pay itself off in.....years? Can't find my financial calculator at the moment.
That would be the way to reduce debt.
Have these money making assets pay it off.
Simple.
They don't advocate selling off assets that aren't so profitable.
Demonstrate their oft quoted idea, that Private Enterprise can run businesses better than the government.
Why?... because it is an fallacious mantra.
In KB speak...it is Bullshit!
Atheism and Religion are but two sides of the same coin.
One prefers to use its head, while the other relies on tales.
Same way , cept they cant play with the toys ;
As Ive said many times , it aint the leader its the outside influences , where the leaders come into play, is when balls are needed to say NO to the Americans ...Internet piracy anyone ?
leaders can just be figure heads , as can parties , but the core assets and department should remain , independent and under a state ( people ) mandate
Jk can then do what the hell he likes , but health , education and infrastructure , are run by the men from the ministry , ( no not SOE , thats a tax dodge, ) more like an SOE , without CEOs , just the men from the ministry with transparent and open accounting with clear budgets
Stephen
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
The same people that sell their Xmas presents on trademe. It didn't cost them anything personally ... and money in the pocket is good ... isn't it ... ???
Getting a mortgage to pay for Blue chip shares is never a good idea ... Borrowing money in the hope the market for the stuff you buy now will improve (even get a return from) in three years down the track.
The "I need money NOW' theory usually wins the vote ... especially if interest on the loans already in place ... are due ...
When life throws you a curve ... Lean into it ...
But, and like Jenny's, it's a big but,
Irreplaceable, Strategic Assets are hardly in the same category as Blue Chip shares and, to be pedantic, the borrower gives a mortgage and the lender gets one.
Borrowing money to pay for a house and having the successful family business pay off the mortgage is a good idea.
So,
- since their sale idea is clearly not a sane business decision
- since they keep changing the reason for doing it
We can , I think, safely assume it is a dodgy deal.
As Winston Peters said... "It is a con job"
Atheism and Religion are but two sides of the same coin.
One prefers to use its head, while the other relies on tales.
As I stated earlier,
- John Key was talking her up before the 2nd to last election.
- Many political pundits of various persuasions talked her up before the 2nd to last election.
- She was a more effective MP in terms of bills introduced and accepted than John Key has been, and possibly anyone else, ever.
Atheism and Religion are but two sides of the same coin.
One prefers to use its head, while the other relies on tales.
The thing about successful business's ... success attracts those that think (can ... ???) do it cheaper ... even a few months at a loss (of business elsewhere) can be the business killer ...
Good idea's are just that. UNTILL proven good ... it's a gamble ... if it isn't proven good ... go to plan B.
Just make sure there IS a plan B ... (plan C comes later ...)
When life throws you a curve ... Lean into it ...
You lost me.
Does that mean you agree or disagree with what Winston said?
Atheism and Religion are but two sides of the same coin.
One prefers to use its head, while the other relies on tales.
So, nothing of substance to offer.
Much like John Key I suppose.
He's lined up a lot to take tho'.
Atheism and Religion are but two sides of the same coin.
One prefers to use its head, while the other relies on tales.
Winding up drongos, foil hat wearers and over sensitive KBers for over 14,000 posts...........![]()
" Life is not a rehearsal, it's as happy or miserable as you want to make it"
Atheism and Religion are but two sides of the same coin.
One prefers to use its head, while the other relies on tales.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks