Sunday, October 20, 2013

Winston wants to steal your Kiwisaver money

Kiwisaver is a very good thing. The major problem with it however, is that it is open to political manipulation and abuse. 
Step up Winston Peters. 

He wants to steal your money and use it to buy back State "assets". And what happens when you retire and want your money? Oh, Winston says your money he has stolen has a government guarantee. In other words, taxpayers give you back your Kiwisaver funds stolen by Winston to buy back State "assets"!! I'm not making this up, read the article. 

But the best is yet to come - this idea of his to steal your money is a bottom line in next year's election!

Amazing stuff.


I look forward to support for this from the Greens and Labour.  After all, they support the buy-back of assets too.  And to do so they either had to fund it through cash or debt.  Until Winston came along; now they will just use your money.

I am heartily sick of politicians stuffing around with superannuation policy to suit their own agenda.  This one takes the cake.  Winston and his ilk will steal your money placed in fund managers by you, and put it in a fund managed by, effectively, politicians.

So if we elect a Green/Labour/NZ First government next year, we will have a return to an economic model that will make Muldoon look hands-off.  

Cunliffe and the other two parties will not only control monetary policy (all three of these parties agree to that mostly), but they will also control superannuation and retirement savings.  The Greens will support this communist mad plan of Winston's - just think of their referendum if you have any doubt.  And Labour has already announced NZ Power.

New Zealand will be a frightening place to live if private money is stolen by politicians in order for them to play around with and buy votes.  

           

4 comments:

Anonymous said...

There is a short term for the phrase 'government steals private money' = tax.

Jimmie

Tinman said...

New Zealand will be a frightening place to live if private money is stolen by politicians in order for them to play around with and buy votes.

Nick, when NZ introduced taxpayer funding for political parties (called "expenses" of course) you automatically got the theft of taxpayer money to buy votes.

The Clakula government took that to extremes.

What Winston is proposing is not new, nor is it unexpected. The only good thing is that based on the age of the Winston first fan club in ChCh last weekend not many will be alive or capable of attending their local polling booth by the time of the next election.

Anonymous said...

"...if private money is stolen by politicians..."

Its already is, its called taxation.

3:16

Anonymous said...

Neither Labour or National would permit that largesse from Winston in a million years.

He is a charlatan, the worst kind of politician. Lets hope the slippery old drunk is gone this election.