Labour to ditch tax cuts

The 9 year wait from Labour for tax cuts has come a cropper today, with the opening of the Government books. Micheal Cullen has revealed that there will be no more tax cuts from Labour right when we desperately need them:

Despite that, Dr Cullen said now was the not time for "a slash and burn response" to government spending, or more tax cuts.

NZ Herald

He also hinted it was time he did some "productive spending" as opposed to the last 9 years of wastage-it took him a while but an economic crises finally got him there.

The tough times meant there would have to be review of such "low priority" spending to fund more productive new initiatives.

NZ Herald

Interesting though that on September 12 Michael Cullen said this:

"There's a lot of factors coming together there," Dr Cullen said. "I think probably the worst is over now."

Political Animal

But just 3 weeks latter on October 6 this curious comment:

"This is a time of unprecedented challenge for the global economy," Dr Cullen said.

"The rainy day has now arrived."

NZ Herald

If Cullen is confused by the current economic crises how can New Zealanders trust him to manage our collapsing economy?

Good question Darren, good question.

c Political Animal 2008

Govt books a horror story

Today's opening of the Government's books reveals what most thinking people already know. We have been taxed to death, our money has been wasted on unproductive spending, welfare, bureaucrats and other handouts and the shite has just hit the fan:

The Government will run up cash deficits of more than $30 billion over the next five years due to reduced revenue and increasing costs, Treasury forecast today.

Finance Minister Michael Cullen said the world financial crisis had had a significant effect on the New Zealand economy.

NZ Herald

"It is not a time for rash political promises"

Michael Cullen, Newstalk ZB 3.00 pm news break, Oct 6 2008

So not only are New Zealand citizens faltering under massive personal debts because of Labours high tax rates but the socialists have finally come home to roost and our economy as a whole is well and truly rogered.

Clark and Cullen have blamed economic forces outside Government, but what is clear is that over the last 9 years Cullen and Clark have raped and pillaged while New Zealand has burned and they haven't saved for the inevitable rainy day.

We need tax cuts now more than any other time because of the growing market turmoil and we should look forward to the stimulus that National's tax package, announced on Wednesday, will bring to an economy managed into a deep recession by the dithering Dr Michael Cullen.

We will be in much deeper doo doos than we already are with another 3 years of Labours tax and spend regime.

Helen is right again this morning when she says this election is about the economy. Unfortunately the last 9 years of Labour Government has been about spending our money not helping to increase it.

Experience in business, financial markets and economic realities instead of socialist ideologies is needed and we need a man with the former rather than a sticky fingered socialist like Michael" Little Prick" Cullen.

c Political Animal 2008

Limo Drivers on speed

One of 32 $170,000 7 Series luxury Crown Limos purchased by Labour a few months back. Several ministers of the Crown have ordered their drivers to speed after Helen Clark set a precendent for speeding when she ordered her driver to speed at 170km per hr through a 50km zone in a 2004 dash to a rugby game.

The only part of the economy with its foot down appears to be the Crown Limo service:

Only one ticket was issued to a driver of the new 7 series BMWs introduced this year, which now make up most of the 34-car fleet. The BMW was doing 63km/h in a 50km/h zone.

Crown limousines are available to former prime ministers, former governors-general, ministers and other VIPs, including ministers' partners, judges and visiting dignitaries.

Internal Affairs Department spokesman Tony Wallace said a new safe-driving policy was put in place after the Prime Minister's motorcade incident.

Drivers are allowed to break the speed limit only if their VIP passengers are on urgent public business which would include an order from the passenger or police or if there is a security threat.

Stuff.co.nz

It would be interesting to know which "VIPs" ordered their driver to speed.

I have heard it is either Helen Clark again or Trevor Mallard.

One presumes it is now alot more comfortable to speed as the new limos they are using are far more luxurious than the previous Fords, which cost less than half the Beamer's sticker price.

c Political Animal 2008

John Key pulls the birds

The all important Women's vote is swinging John Keys way:

National has increased its DigiPoll ratio of women by 2 per cent - from 45 per cent in 2005 to 47 per cent this year.

NZ Herald

Admittedly it is only a small shift but along with the big increase in support from the all -important Auckland electorate, one the Labour Party got more votes in at the 2005 Election, it continues the overall support shift for a change in New Zealand. A change towards a National Government in 2008.

This is trend that started over a year ago and all the political polls over the last year or two reflect that.

See the latest polling results here.

c Political Animal 2008