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Where are you Robin Hood? We need you. |
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Well - butter my butt and call me a biscuit. "There's no money" says Bill English; "there's no money" says Anne Tolley; "there's no money" says John Key. Except for the 1.6 BILLION to pay back investors in South Canty Finance that is. Why should the taxpayer reimburse investors - if it's good enough to tell teachers that they need to take a pay cut for the good of the country why shouldn't investors have to do the same thing? "We worked hard to save that money" the investors cry "and we are owed it". Teachers work hard too but when they want to be reimbursed for their labour they are told they are "greedy" "disconnected from parents" and "off the planet.". I don't mean to upset the good folk of Timaru - of course they should get their money back - but merely to point out the ideological contradictions that mean that we treat financiers as gods and workers as devils.
Coda: Goldman Sachs, the bank the American taxpayer bailed out last year, made such a huge profit this year (no competiton any more, see ?) that its employees received the biggest bonus in the bank's 140 year history. If this doesn't get more New Zealanders joining the global push to get a transation tax on the international flows of money, I don't know what will. It's called a robin hood tax and boy do we need it!
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