John Key puts truth on 90 day term deposit

46 comments on “John Key puts truth on 90 day term deposit ”

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1. Ordinary_Bloke 1

   7 November 2011 at 8:10 am

   I could help noticing Key’s kow-tow to the racist vote in the streamed debate when he suggested that
   Labour would have to borrow from .. shock ! horror ! .. China.
   • Dv 1.1

     7 November 2011 at 8:27 am

     So where is the 300 mil a week coming from now?
     Lets see usa, eu, ……..
     • Ordinary_Bloke 1.1.1

       7 November 2011 at 8:46 am

       Chinese representation at the Cannes financial fest, Chinas large current invesment in Europe, and its contribution to European bailout packages suggests that NZ is not exactly looming on the financial radar in Shanghai, whatever Mr. Key may like to tell the peasants Downunder.
       • travellerev 1.1.1.1

         7 November 2011 at 10:01 am

         China is going down it self.
         • Ordinary_Bloke 1.1.1.1.1

           7 November 2011 at 10:08 am

           I don’t think that is a case for flogging off assets developed over many generations at
           great cost and toil. Precisely the reverse. We need to upgrade ageing infrastrucure in a post-peak world.
           • KJT 1.1.1.1.1.1

             8 November 2011 at 8:38 pm

             A recession is the best time to build up infrastructure. Costs of both Labour and capital are at their lowest.

             If NACT had put the 1.6 billion they are losing in the tax switcheroo into Green energy and re-building they would have avoided a lot of job loses.
2. Tom Gould 2

   7 November 2011 at 8:23 am

   Simon Mercep’s aggressive interview with Cunliffe this morning is worth a listen if you missed it. After badgering him over opposition to Tory asset sales, sharp as a knife he delivered the ‘coup de grace’ with the killer ‘but if National gets less for the assets that means you will have less to spend too’ question. Cunliffe gently pointed out that Labour is not selling the assets. Stunning work. No wonder they are so easily hoodwinked by the Tories? Or am I being unfair?
3. vto 3

   7 November 2011 at 8:33 am

   I couldn’t help but throw up last night when I saw a Nat ad stating they are creating 170,000 new jobs.

   That is misleading and deceptive conduct which is prohibited under the Fair Trading (in Politics) Act.

   Quite how Key can so blatantly deceive people I do not know. Does he believe it himself?
   • the sprout 3.1

     7 November 2011 at 8:36 am

     how Key can so blatantly deceive people

     a. he’s probably a sociopath
     b. he’s bought the silence of TV3/RadioLive/Mediaworks, and has intimidated TVNZ and RNZ into submission.

     who else in the msm’s going to call him out on his blatant lying?
     APN? Fairfox? Sky/Prime? 😆
     • Tombstone 3.1.1

       7 November 2011 at 8:41 am

       The people.
       • Colonial Viper 3.1.1.1

         7 November 2011 at 11:53 am

         The people are weakened, impoverished, divided and distracted.

         Exactly as per plan.
       • Draco T Bastard 3.1.1.2

         7 November 2011 at 12:45 pm

         Well, they’re trying to but the BSA is busy sticking to process rather than doing their job.

         There are certain elements that are required for a valid formal complaint. These include the date and time of the broadcast, and the relevant channel

         Despite the offending article being identified as National Party Advertising broadcast at various times and on various channels.
         • Akldnut 3.1.1.2.1

           7 November 2011 at 3:19 pm

           I’d like to be the first to announce that LABOUR are going to create 1 MILION new jobs
           ….
           ….
           ….
           ….
           ….

           Shhhh……..by 2030
           • Adolf 3.1.1.2.1.1

             7 November 2011 at 4:30 pm

             Well, that is what they did during the *last* great depression.

             They lined people up, gave them a spade and a sack of seeds, and they worked their
             way up hills and ridgelines to create the forestry industry around Tokoroa, the Wellington green belt .. and much that we now take for granted in other places.

             It was not just NZ. As one of Roosevelt’s cabinet once told him

             “I’ve got them working, but don’t ask me what they are doing ..” paraphrased from a documentary I once saw.
             • McFlock …

               7 November 2011 at 5:04 pm

               the roads, railways and dams were also generally good ideas (water issues notwithstanding, particularly regarding the Hoover Dam and the Colorado river, as well as the anti-union activities and working conditions on some of the jobs)
             • Sean …

               7 November 2011 at 8:43 pm

               That is nonsense Adolf. The government that came up with the relief work scheme was the 1931-1935 “Coalition” government. The Coalition government was formed by the Reform Party linking up with the United Party.

               The Coalition government faced with the enormous consequences of their failed economic policies, which had produced large numbers of unemployed men came up with the scheme. This is because by April 1932 there was rioting in Auckland, Wellington and Dunedin, there was additional disorder in Christchurch. In Auckland, NZ soldiers were ordered into Auckland to force order onto the crowd – but the soldiers refused to leave their camp, possibly because they didn’t want to be ordered to shoot New Zealanders.

               To cure this disorder, the government decided to get unemployed men out of the cities, and into labour camps in the most remote spots they could be sent, as winter came on. It was during this period that those forests were put in for the lowest wages possible – under the Coalition government of Coates and Forbes. Rather than getting people proper jobs they sent the problem away, turning the unemployed into near slaves.

               The Reform Party and the United Party, once they were turned out of office by the Labour Party, went on to form the National Party.
               • the sprout …

                 7 November 2011 at 8:57 pm

                 i get the feeling “Adolf’s” understanding of the details of history may be a little sketchy
                 • lprent …

                   7 November 2011 at 10:26 pm

                   I don’t think that he had a grandparent being forced into those camps. I did. National still thinks the same.
                   • Adolf …

                     8 November 2011 at 10:10 am

                     In fairness, I did not comment on the historical context or labour conditions – but it is a relevant point well made.
     • travellerev 3.1.2

       7 November 2011 at 10:03 am

       I’m getting hundreds of new readers every week and most of them Kiwi’s looking for info on the financial collapse and John Key. People are waking up it seems!
       • The Gormless Fool formerly known as Oleolebiscuitbarrell 3.1.2.1

         8 November 2011 at 10:13 am

         If I had a dollar for every time someone at the Standard claimed that “people are waking up”, I would have $28,742.
   • Maggie May 3.2

     7 November 2011 at 10:05 am

     No use complaining these people all want a National government back in so they can continue getting large tax cuts and even more dividends from the the sale of the assetts owned by all New Zealanders.

     Lets wait and see how long it is before they start asking us to care about them, I can assure you you will not have to wait very long.
     • The Gormless Fool formerly known as Oleolebiscuitbarrell 3.2.1

       8 November 2011 at 8:21 pm

       Maggie, could you please take care of me?
4. randal 4

   7 November 2011 at 8:46 am

   The msm never will call the tories out. They are another example of juvenile omnipotence surviving into adulthood. They all want to be john pilger or robert fisk but they dont even know how to ask the proper questions in their own backyard. New Zealand is a sick country only the patient doesnt know it.
5. Tangled up in blue 5

   7 November 2011 at 9:11 am

   11 billion dollar hole

   Is there any tangible evidence of this apart from Labours claims?

   Key’s gimmicky “show me the money” has shown that a rival party calling someone out on something alone substantiates nothing.

   (shouldn’t it be as simple as showing what 51% of future dividends should be and comparing this to what National have ‘banked’? Same sort of thing for calculating how much should be claimed as savings on interest payments?)
   • Ordinary_Bloke 5.1

     7 November 2011 at 9:44 am

     The world of politics is seldom rational.

     You can quote me on that one .. 🙂
   • mik e 5.2

     7 November 2011 at 10:21 pm

     $400 million lost to taxpayer each year
     Tui poo
     49% of these assets returning nearly $500million a year .A return on value of 20%= cost of borrowing 5to6%
   • KJT 5.3

     8 November 2011 at 8:40 pm

     38 billion already with nothing to show for it.
6. Ordinary_Bloke 6

   7 November 2011 at 9:53 am

   http://www.opendemocracy.net/anthony-barnett/greek-referendum-was-excellent-idea?utm_source=feedblitz&utm_medium=FeedBlitzEmail&utm_content=201210&utm_campaign=0
7. Ordinary_Bloke 7

   7 November 2011 at 10:33 am

   “Jerry Maguire (Tom Cruise) is a glossy 35-year-old sports agent working for Sports Management International (SMI). After suffering a nervous breakdown as a result of stress and a guilty conscience, he writes a mission statement about perceived dishonesty in the sports management business and how he believes that it should be operated.”

   https://secure.wikimedia.org/wikipedia/en/wiki/Jerry_Maguire#Famous_quotations

   Hmm .. there’s a moral (lesson) in there somewhere. Any takers ?
8. numeric 8

   7 November 2011 at 11:47 am

   Ending the Divine Right of Bankers

   http://www.psyfitec.com/2011/11/ending-divine-right-of-bankers.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ThePsy-fiBlog+%28The+Psy-Fi+Blog%29
9. Debatewatcher 9

   7 November 2011 at 10:57 pm

   I agree the Sky News/Prime interview with Phil Goff was excellent. It’s available to watch at the Sky TV website: http://www.skytv.co.nz/Default.aspx?tabid=1589. (Perhaps this link could be added to the post as the Prime link doesn’t have the video)
   • the sprout 9.1

     8 November 2011 at 6:39 am

     ta. it wasn’t up at time of writing but have now added to post
10. Adolf 10

    8 November 2011 at 10:26 am

    How about this one ?

    http://newscenter.berkeley.edu/2011/11/07/big-ideas-for-jobs-creation-a-qa-with-karen-chapple/
    • Adolf 10.1

      8 November 2011 at 10:43 am

      One of their big ideas is retrofitting public buildings. A commentator on RNZ this morning pointed out that buildings in most NZ urban areas need earthquake strengthening. Combine the two ..
      • Colonial Viper 10.1.1

        10 November 2011 at 12:38 am

        Yes, many hundreds of buildings need earthquake strengthening urgently, thousands more need assessment work done. Lots of money and lots of jobs should be in the offing to get all this done.
11. Adolf 11

    8 November 2011 at 11:06 am

    lprent, sean, sprout: .. you missed the gentle irony in my selection of ‘Adolf’. Heh ..
    • felix 11.1

      8 November 2011 at 8:32 pm

      So did I. Perhaps you could explain it for me.
12. Ordinary_Bloke 12

    8 November 2011 at 1:03 pm

    Is that Nikki Kaye on the right of the photo ?
13. The Gormless Fool formerly known as Oleolebiscuitbarrell 13

    8 November 2011 at 8:23 pm

    The only thing I really learnt from this post is that the Sprout doe snot know what “erstwhile” means. Seriously, dude, look it up.
    • the sprout 13.1

      8 November 2011 at 8:51 pm

      erstwhile is intended.
      i’m hoping they might revive their senses of journalistic integrity
      • The Gormless Fool formerly known as Oleolebiscuitbarrell 13.1.1

        8 November 2011 at 9:01 pm

        OK. Fair enough. I see how that could work.

        Pedantry withdrawn.
      • Jim Nald 13.1.2

        8 November 2011 at 9:14 pm

        “erstwhile” reads ok and is used correctly
      • the sprout 13.1.3

        10 November 2011 at 12:21 am

        thanks, but i have to admit the “courageous and” makes it a pretty clumsy construction on my part
14. randal 14

    8 November 2011 at 8:31 pm

    well I learned lots from oilybuckets post but the main thing is he will do anything to divert attention from the national party and kweewee’s miserable failure as a government.
15. anne 15

    10 November 2011 at 11:25 am

    Did anyone catch the media statement by key,while nz was still under the shadow of the rwc,as quoted,”There will be much,much deeper and bigger cuts for everyone in the second term”
    This was significant,but as usual there is a media blackout on the bad stuff and key doesn’t need or want to show up for indepth answers.

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