Asset sales

[superman]

I don't see a problem with asset sales. They didn't exactly hide it in their election campaign.

National is trying to reduce New Zealand's debt. Freeing up SOE's also gives locals a chance to buy into a stable investment. And perhaps get New Zealanders away from the house market and investing in businesses as they should be.

I'll happily scrounge together the money to buy shares in the SOE's.

He's also being a good guy and doing things he wouldn't have to, setting up loyalty schemes for New Zealanders, the Treasury is actively trying to get as many locals investing as possible.

So how about you just buy a few thousand dollars worth instead of bitching about a right wing government committing right wing actions.

[Brian d marge]

I don't see a problem with asset sales. They didn't exactly hide it in their election campaign.

National is trying to reduce New Zealand's debt. Freeing up SOE's also gives locals a chance to buy into a stable investment. And perhaps get New Zealanders away from the house market and investing in businesses as they should be.

I'll happily scrounge together the money to buy shares in the SOE's.

He's also being a good guy and doing things he wouldn't have to, setting up loyalty schemes for New Zealanders, the Treasury is actively trying to get as many locals investing as possible.

So how about you just buy a few thousand dollars worth instead of bitching about a right wing government committing right wing actions.

The treasury ( operating under world bank rules is doing a great job , actually it is ! ) ,,but the "guidelines laid down by Imf/wb aka America from the Chicago school , is all about making a few people rich ,,,it does nothing for the avrage joe ( who may not want to be rich) , and if you buy into the idea that hard work and a little bit of luck you to can become rich ,...well... good luck

Most people in NZ I would say are not as secure as they could be ...

Actually I dont envy JK position , he must do as he is told by the bank ( world or treasury either or !) and at the same time give the people what they want .... now international fiance is all about Money ,,,,NOT your child’s education

Under the SOE model according to the interviewee on National radio ,since 1991 your electricity prices are 400 400 % greater than what they should be under the old electricity board ... 400%

that’s disgraceful

that was under both national AND labour .......so why both parties ??? could it be a higher power is calling the shots ???

Stephen

[superman]

Under the SOE model according to the interviewee on National radio ,since 1991 your electricity prices are 400 400 % greater than what they should be under the old electricity board ... 400%

that’s disgraceful

that was under both national AND labour .......so why both parties ??? could it be a higher power is calling the shots ???

Stephen

Bitching about high energy prices is like bitching about high oil prices. So many oil rich countries have huge reserves, but they hoard it. Because this drives up the price. But this isn't necessarily bad for the consumer...

High energy prices encourages development of cheaper alternatives, more efficient systems. People don't have to stick with one energy company, they can invest in solar energy, not hard/expensive to create a home-made wind electricity generator. Even governments start to invest more in alternatives if prices are adversely affecting their citizens, maybe fusion will get the type of funding it really deserves.

Every single house in New Zealand will waste electricity, it's impossible not to. But the more valuable it is, the less people will allow themselves to.

[Brian d marge]

Bitching about high energy prices is like bitching about high oil prices. So many oil rich countries have huge reserves, but they hoard it. Because this drives up the price. But this isn't necessarily bad for the consumer...

High energy prices encourages development of cheaper alternatives, more efficient systems. People don't have to stick with one energy company, they can invest in solar energy, not hard/expensive to create a home-made wind electricity generator. Even governments start to invest more in alternatives if prices are adversely affecting their citizens, maybe fusion will get the type of funding it really deserves.

Every single house in New Zealand will waste electricity, it's impossible not to. But the more valuable it is, the less people will allow themselves to.

As I prieviously said , and in other threads as well , thing is it doesnt have to be that expensive , , ( as expensive , ) yes investment was is needed , but the old way was work schemes and prudent borrowing ( or something like that )

Every glass of home brew I make is a personal fu ,,to "the man" as he was called back in the day !!! im all for home generation ....

no , in this case its just ROI , at the expense of Joe plumber ...

Stephen

[SPman]

I don't see a problem with asset sales. They didn't exactly hide it in their election campaign.

National is trying to reduce New Zealand's debt. Freeing up SOE's also gives locals a chance to buy into a stable investment. And perhaps get New Zealanders away from the house market and investing in businesses as they should be.

I'll happily scrounge together the money to buy shares in the SOE's.

He's also being a good guy and doing things he wouldn't have to, setting up loyalty schemes for New Zealanders, the Treasury is actively trying to get as many locals investing as possible.

If you believe all that, have I got a deal for you........

If you were in any doubt, this should make it clear. Privatisation is not about "freeing up capital" or "getting a good deal for New Zealanders". It is about wealth transfer, pure and simple. It is about taking something which belongs to everyone, and giving it (and its monopoly power and dividend stream) over to the 1%. And then to add insult to injury National is going to give them an extra $400 million on top, just to reward them for buying in.

[puddytat]

So how about you just buy a few thousand dollars worth instead of bitching about a right wing government committing right wing actions.

The majority of us dont want that option & never asked for it. Seems a hell of a lot to give away to only do the financial equivalent of putting a finger in a dyke.
Sure you voted the buggers in, but even at that time over 80% were totally against the idea.But thats Capatalism for you, divide & conquer is thier mantra, dangle a carrot to the ever greedy & thier ceaseless struggle to gain riches....And spineless two faced politicians do the job .
People are dreaming if they think that this'll make our countries plight any better.

[pete376403]

The "loyalty scheme" which I understand is giving NZ shareholders free shares if they hold the paid ones for a certain period. Green party leader pointed out this is illegal - the govt cannot "give away" money without a law to provide for it. Also every share the want to give away dilutes the value of the ones that have been bought.

[mashman]

I don't get it
http://www.economist.com/content/global_debt_clock

I would like to find the magic money place and get some too please.

Next week: Ducatilover goes to Mozambique to explore a country more financially secure than the U.S.A.

probably just interest.

[ducatilover]

probably just interest.

Do you know where the magic money is made? If so, put the kettle on mate

[Brian d marge]

The magic money is made north of Auckland , its environmentally safe , a carbon sink , ( until the end user ) and makes communitys thrive ,,,

Stephen

[mashman]

Do you know where the magic money is made? If so, put the kettle on mate

Yes, yes I do... but you need special specs to be able to see it to pluck it out of, what looks like, thin air. Iffen ye find the specs of yore I'll throw the kettle on as they're supposed to allow you to see through lead... and ladies clothing. The trick is knowing how to use the magic money without achually being able to see it. Unfortunately I think some others have figured that out too and whilst I'm prepared to give the secret away for free, them feckers would rather charge for it... meanwhile, on the bright side, there's always

[ducatilover]

Thanks Mashman, I have completely forgotten about the stuff and things we were titting about, breast not put on the jugs.

[mashman]

Thanks Mashman, I have completely forgotten about the stuff and things we were titting about, breast not put on the jugs.

hee hee... tits always good to help... I guess I better put the cups away

[ducatilover]

hee hee... tits always good to help... I guess I better put the cups away

On second thought, put the jug on and I'll nipple right down.

[Oscar]

The "loyalty scheme" which I understand is giving NZ shareholders free shares if they hold the paid ones for a certain period. Green party leader pointed out this is illegal - the govt cannot "give away" money without a law to provide for it. Also every share the want to give away dilutes the value of the ones that have been bought.

I haven't seen the Green Party comment but what you've reported they've said is not logical. It isn't money and any private company can give shares away if they like, and frequently do (usually to employees).