Public ownership under labour was touted as New Zealands saviour! Lets by back the rail, lets make a bank etc etc etc. I am sick of the lies that have been spread and the annoyance that state ownership has in our lives.

Kiwibank is sold as an ‘alternative’ to the ‘aussie’ banks. Lets look into this further, the selling point is that money invested in Kiwibank stays in New Zealand. So where do the profits go for the other banks and Kiwibank for that matter?

Money from the proper banks stay in New Zealand, lets face it! People are employed by the banks, who pay them… wait for it… MONEY! That is where their money goes, now then for the issue of profits. These big banks are owned by shareholders, not by the Australian Government or one Australian, or a collection of Australian companies. But individual people, anyone can be a shareholder.

So where do the profits for Kiwibank go? Who knows, back in to the Governments coffers? Certainly not to shareholders who c0uld benefit from money, hell if you wanted to do a good thing sell it to people who are with Kiwibank and let them do something with the money.

Right glad we have cleared that one up then!

Now on to Kiwirail. Yesterday in Wellington was a PRIME example of Government interference. Government owns trains, trains get turned off with no warning – sure ok, big mistake, but the worst of it was that commuters were not told about it!

SELL IT!!!!!

Oh just one more gripe RE Kiwibank… Man its annoying, firstly their ads are awful!!!!!! But secondly all it does is clutter up the post shop. I am one of those in and out of a shop as fast as possible! I hate queing, I get grumpy and agitated, its made ten times worse when I am forced to stand in a queue while Nana has a conversation with the grumpy and unhelpful lady behind the counter about the price of knitting needles or something much less interesting and all I want to do is post my mums birthday present three weeks late!