Thursday 24 November 2011

Labour is not so bad, but what about their friends

Labour are an OK party. They are by no means perfect but at least we can bear them and sometimes they do good stuff. However Labour is not dong that well which means that in a left wing government they will have less clout.

Who are their friends?

Well those who want to spend, spend and spend. Now to be fair this spending will do much good if it spent well. But everything you spend has to be earned or borrowed. And since we are in the red at the moment we need to save as much as possible.
The thing with borrowing money is that you should be able to pay it back. Now that is fine with a mortgage because you need the house and will pay it back, but if you were to try and pay your daily spending off with the credit card, there is only so long you can go before you run out of cash.
Now things like Green Energy are great if they are going to pay themselves back, but I doubt the government will sell them off to pay the construction costs or use the dividend costs to reduce debt.

The other friend is Winston. And you know what I think of him.

Then we have Mana - thankfully Mana will be a one man band, but Mana is very left radical supported by John Minto and Bradford. I am sure these people mean well but I still disagree with most of what they want.

Finally we have the Greens, thankfully they have mellowed a little but then they have their hard core liberal  addenda.

Tomorrow I am voting Right by voting for the blue team.

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