Wednesday, July 27, 2005

Quoting JFK

This is what I posted on Sir Humphreys as my opinion of the new Labour Carrot.

Well, thats nice for those that can sit at home and don't have to pay rent, wow I wish that was true, for me all my parttime work money goes into me surviving and trying to live. Not that I agree with Labours policy, It is a me me me policy. I think it is appropriate at this time to quote one John F Kennedy...different topic but very valid in these circumstances.."Ask not what your country can do for you, but what you can do for your country" All the ppl who are going to support this policy are those who are greedy and thinking about themselves, but the issue here is that it is going to screw the economy, and result in a ballooning of Student debt as more people borrow and only repay minimum amounts why would you try to pay it off early when it isn't costing you anything to have it.

I don't understand how anyone can see this as a good thing, It is trying to grab the votes nothing more, I have had a few rants about this already and am in the mood to carry on for a while, I love how people these days jump at a policy that suits them without thinking of the effect it could have on the country as a whole the wider effect of this policy is going to mean people will just stay in the country a few years longer to earn some interest free time before they head overseas there is no way they will want to stay afterwards when they realise that their tax dollar is funding the next generations Student debt, the previous generations Super, and the generation we are in right now is going to be F***ed over. Look at it like this the previous generation received free education if they wanted it and now free Superannuation as well, while this generation of Youth are paying their own way through University and then by the time they get to retirement there will be no Super fund left and they will have had to try and save for themselves while bringing up kids and paying a ridiculous tax rate to cover all of this....ok this is turning into a rant...The long and the short of it is that this policy will screw over the country crippling it financially and will not stop the Brain Drain.

Other Posts on this topic

In my own words
Student Policy
Helen's Carrot
On DPF
Debt Projections
Labours Policy
On KiwiPundit
Loan Analysis
On NZPundit
Summing up the Loans Bribe
Cullenomics
Cathy O
Labour gives away free money
On G-man
Labour goes all Kim
On Competent Prime Minister
Can I get policy with that bribe?
On Sir Humphrey's
Kids Not Silly
Loan Bribe
Leftists
On Spanblather
Good News Day
On About Town
Yippie
Return of the Jedi

There are many more posts out there, these are just a few.


"Ask not what your country can do for you, but what you can do for your country" - John F Kennedy

This was Gooners change to JFK's words
"Ask not what your country can give to you, but what you can give to your country" - Gooner

I thought this was an awesome Update for the quote for this moment

Comments:
well it certainly does look like a politcians ploy to secure votes...and I agree the reprocutions down the road are not worth it... well stated Jono
 
Thank you Sky...I just hope that the future does not end up this bleak.
 
IHateSocialism's comments on this issue are found by following this link -

http://www.ihatesocialism.org.nz/index.php?p=661
 
Informative post Jono.
 
that's funny scotty - i don't have a loan, neither does my partner, but i think the policy is a good first step.
 
Why Span how can you think this is a good idea...
 
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