Tuesday, 17 February 2009

Promise of Bailout bad omen for taxpayers

Seems John Key is a socialist in drag:

Prime Minister John Key has signalled that the Government could step in as a last resort to prevent renowned whiteware maker Fisher & Paykel from collapsing. Stuff.co.nz

F& P have been ripping kiwis off for 75 years with overpriced poorly made whiteware and now taxpayers could be bailing it out because of its bad management.

This is something Labour would have contemplated so is clearly the wrong thing to do.

I own shares in Sky City Entertainment and they employ 5000 people, more than 3 times of those working at F & P.

Would they bail Sky City out?

No.

Dumb Johnny dumb, let the company fold. 


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c Political Animal 2009

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