cirrus wrote: Agree Dave that is what they would like us to think. I should have phrased that -at least we got through the Crisis. Have always thought that a good economy is result of hard working innovative people producing wealth for themselves and the nation,providing a govt dosent put too many barriers in the way . So much we have not been told about the GFC. Maybe the Federal reserve played a part. Recently released info shows that while Kevin Rudd was saying Australian banks were rock solid,the feds secretly bailed out Westpac and National banks of australia as they were on the brink of collapse. National bank to the tune of 4.5 billion & westpac 1.9 billion. As they are parent banks to N.Z banks the Federal reserve bailout may well have saved us as well. Would have looked very different if N.Z banks had collapsed ,and going by the bail outs that could easily have happened. |
part-timer wrote:
I often watch conspiracy theorys on youtube... its really funny pepole think that way... |
cirrus wrote: Despite the many imperfections of National they did get us through the global financial crisis. Recent statement by Ben Bernanke said September & October 2008 was the worst financial crisis in global history,even surpassing the great depression. |
Capt Asparagus wrote: The same anti wealthy bs propaganda spewed out by the mana party. Why would anyone give any credit to anything Marxists would say, after the millions of dead they have left across the world in any state they ever achieved power in. You may not like Slater, but if he were in power, at least you'd not be put up in front of a sunny wall at dawn one day for a quiet ciggie and a short banging noise....Minto, I would almost guarantee you , would. For your own good and in the interests of fairness and the nation of course, just as every Marxist in the last century has done Tell me, if hone ever became p.m., would he refuse his salary as Key does? Fat chance. |
stonefish wrote: John Key donates a large proportion of his salary to charity and in the past has openly recognised that he doesn't need the money or that he didn't get into politics for the money. Lots of info on the web about it if you want to go looking. |
smudge wrote:
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Tagit wrote: That is what the Nats would like you to think John. The question I haven't answered for myself yet is - what did they actually do that was so good? As far as I can work out our 'survival' was mostly linked to a Chinese Free Trade Agreement that was a result of the previous Labour governments efforts. Add to that a whole bunch of surpluses run under the previous Labour government and I get the feeling that our current economy doesn't really owe as much to Nationals management as it does to the previous governments. What have I missed? |
onthedrop wrote: Man that JK's a sexy binch "MANA Movement Economic Justice spokesperson John Minto is calling for a radical overhaul of New Zealand’s taxation system with calculations showing that a minimum wage worker pays a ten times higher tax rate than the Prime Minister. Minimum wage worker 28% tax Prime Minister 2.8% tax The minimum wage worker on 40 hours per week earns $29,640 and pays $4,207 in income tax and $4,149.60 in GST giving a total tax of $8,356.60 or 28% of income. On the other hand the Prime Minister earns $428,000 from his PM’s salary along with this year’s $5,000,000 increase in his wealth (according to NBR’s rich list) which gives him a total income of $5,428,000. On this total income he pays just $132,160 in income tax and approximately $21,400 in GST giving a total tax of $153,560 or 2.8% of income. This is a national embarrassment. Those least able to pay are under a heavy tax burden while the super-rich pay peanuts. The National government and its attack bloggers refer to the working poor as scum, bludgers and ferals but it’s clear the real problem is with the top 1% of income earners who get all the benefits of taxpayer funded facilities and services but don’t pull their weight paying for them. Cleaners, fast-food workers, hospitality workers and security guards are all heavily subsidising the lifestyles of the superrich. These figures show we need an overhaul of our tax system so the Prime Minister and his rich-list colleagues pay their fair share." |
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