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Thread ID: 122029 2011-11-26 09:08:00 So, who's buying which State asset? KarameaDave (15222) PC World Chat
Post ID Timestamp Content User
1245574 2011-11-27 04:31:00 I'd like to buy some of the State Houses.
They only cost us $6,000 a year each to maintain.

So then I'd sell them to the Salvation Army or any other charity mad enough to buy them.

There are not many assets that gain in value - other than gold, stamps and paintings of the Fallen Madonna with the big boobies.
Digby (677)
1245575 2011-11-27 04:33:00 That’s very good. :)

So these people are going to buy back what they already own. :rolleyes:



That argument is very out of date.

Governments have been selling State Assets since World War II at least as far as I know.

The only assets a government should won imho is the army's tanks, guns and planes etc.
Digby (677)
1245576 2011-11-27 04:40:00 The Prime Minister campaigned on asset sales and almost got 50% of the vote which is supposed to be impossible in a MMP model. You could assume then with a massive mandate like that most people in NZ support the sale of assets.
The assets are going to get sold down to 51% peoples so get over it we need the money the family silver is gone burger.
Those blue collar workers who built the hydro dams, bridges and roads, did they save any of that money for retirement or did they starting from Thursday night to Saturday night piss most of it down the drain at the pub and back at the hydro village after drinking crates of half gallon jars and tall neck beer bottles?
prefect (6291)
1245577 2011-11-27 06:47:00 What they have said is that they will use the money gained from partial sales of assets to pay for capital expenditure, rather than borrowing to pay for same. Using capital gained from asset sales to finance further capital spending *is* offsetting it against government debt.

The other side want to borrow to buy assets, but then ignore the fact that they have more debt, thus making us better off. And they wonder why they crashed and burned.
wotz (335)
1245578 2011-11-27 07:12:00 The Prime Minister campaigned on asset sales and almost got 50% of the vote which is supposed to be impossible in a MMP model. You could assume then with a massive mandate like that most people in NZ support the sale of assets.
The assets are going to get sold down to 51% peoples so get over it we need the money the family silver is gone burger.
Those blue collar workers who built the hydro dams, bridges and roads, did they save any of that money for retirement or did they starting from Thursday night to Saturday night piss most of it down the drain at the pub and back at the hydro village after drinking crates of half gallon jars and tall neck beer bottles?
That wasn't all he campaigned on and I think it was more to do with the fact that most people didn't see an option with the other parties so saying that the 48% of people that voted for National were voting for asset sales is stretching it a bit.
mikebartnz (21)
1245579 2011-11-27 09:12:00 When was the last time, if ever, they made a profit??

Once carbon taxes start to truely bite, rail will rapidly become a very strong area of growth, subsequently followed by strong profits. Cars and trucks days are numbered for anything beyond local regional trasport. Everything else should ultimately go via rail. Problem is the poor state of the network will hinder the pace of the transition.

Or... the govt will once again cost us a fortune to buy back this precious state asset from whomever bought it a few years earlier.
Paul.Cov (425)
1245580 2011-11-27 09:39:00 Once carbon taxes start to truely bite, rail will rapidly become a very strong area of growth, subsequently followed by strong profits. Cars and trucks days are numbered for anything beyond local regional trasport. Everything else should ultimately go via rail. Problem is the poor state of the network will hinder the pace of the transition.

Or... the govt will once again cost us a fortune to buy back this precious state asset from whomever bought it a few years earlier.

How long would it take for this to happen?
And if this does happen, how many truckies would lose their jobs to the rail?
Cato (6936)
1245581 2011-11-27 17:45:00 Carbon taxes could be removed at a stroke of a pen later on. prefect (6291)
1245582 2011-11-27 18:54:00 The Prime Minister campaigned on asset sales and almost got 50% of the vote which is supposed to be impossible in a MMP model. You could assume then with a massive mandate like that most people in NZ support the sale of assets.
The assets are going to get sold down to 51% peoples so get over it we need the money the family silver is gone burger.
Those blue collar workers who built the hydro dams, bridges and roads, did they save any of that money for retirement or did they starting from Thursday night to Saturday night piss most of it down the drain at the pub and back at the hydro village after drinking crates of half gallon jars and tall neck beer bottles?

Not really 50% at all since 52% voted not to put the Donkey back in , you should get a job at a newspaper the way you twist the facts
gary67 (56)
1245583 2011-11-27 20:00:00 Carbon taxes could be removed at a stroke of a pen later on.

As could capital gains tax.
pcuser42 (130)
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