It seems to me that the Government is taking lessons for the TCC in losing the plot.
I refer to the upcoming banking measures where a bank can take money from our accounts when they get into financial difficulties.
The Govt is treating us with the usual contempt when they will not release the limit that can be taken.
There are three things that are rampant in NZ and Australia and they are greed greed and greed.
Now, a bank, like any business can falsify thier financial situation and in the greed that rules today a bank may think hmm if we claim we are in financial difficulties we can rake in for example say 20% of all the money depositors have in our bank and pay ourselves a nice fat bonuses next year.
One wonders why Mr Key and co can't see that possibility. Further one may ask what right has any Govt to bring such a scheme into law they don't support any other business in such a manner and thank God they don't. Kiwis are notoriously bad savers so how will a stupid move like this encourage Kiwis to save ?
People will start investing in other areas and may even force house prices up higher as folk look at investment properties as a safer bet than a bank.
Also the Govt now wants to increase its ability to spy on NZ in a subtle way at first, but what's next by forcing phone companies to cooperate with our spy agencies.
One has to wonder what a NZ Govt has to worry about with Kiwis when it comes to a need to spy, most Kiwis don't give a damn about the real world as long as they are Ok at home. I say that because of what successive Govts have imposed on NZrs without a whimper from the electorate, in other countries there would be riots. Then we have our less than beloved TCC that gets re-elected after just about breaking Tauranga which is a strong indicator of my comment about not caring much about what goes on around us.
Alastair Bourne, Bethlehem.


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