That's the writedown in value of Kiwirail according to the Dominion Post. The book value for Kiwirail on the Crown's accounts is now NZ$448 million, after Dr Cullen took your money to pay NZ$690 million. NZ$56 for ever New Zealand resident gone.
That's what I meant a while ago when I said when politicians use the word "investment" it is nothing of the sort.
The Greens are full of "investments" like this as well. National's "investments" are roads and telecommunications.
I needn't remind you that Libertarianz believe in investments too - that means you spending your own money, not government spending it.
That's what I meant a while ago when I said when politicians use the word "investment" it is nothing of the sort.
The Greens are full of "investments" like this as well. National's "investments" are roads and telecommunications.
I needn't remind you that Libertarianz believe in investments too - that means you spending your own money, not government spending it.
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