Bill English- More Irresponsible Propaganda From The Nats After Credit Downgrade

Fitch ratings agency has lowered New Zealand’s credit rating by one notch from AA+ to AA and expressed concern over our high external debt. In response to this news, Bill English said this in a radio interview this morning-

“In a sense the market’s goalposts have shifted because now they’re more sensitive even though our levels of debt are lower than they were two years ago. I wouldn’t say we knew it was coming but we’ve always known what the issues are and that’s why we’ve been working pretty hard for the last couple of years on getting Government debt under control because that’s an important part of this.”

Not good enough Mr. English. There has been no shifting of any damn goal posts. You have not been working pretty hard to get government debt under control. Both those claims are rubbish.

The western world is drowning in a tsunami of debt caused by socialist governments spending money they do not have and pretending they have wealth when they are poor. The need for action is urgent.

You have done nothing Mr. English. You have sat on your hands afraid to do what is necessary because if you did do those things it would make John Key an unpopular Prime Minister.

Key lacks the character and the ability to tell NZers the truth, so he continues his smiling charade. Spending by government is still carrying on at the same irresponsible rate it was when National were elected, with the Nats weakly pandering to the same entitlement culture the previous government encouraged.

Key and English could have taken steps to turn things around but they lacked the political courage and the argument and the rhetoric to take it to the voters.

Its not a matter of “shifting goal posts”, or any other such weak cliched excuse. When the crash comes, it will be twice as bad as it needed to be because Key and English did not do the things they should have. Trying to camouflage this lack of action with weak self serving propaganda only makes things much worse.

The bottom line is that Socialism is clearly unaffordable, and we have to chart a course way from it or we’re heading for bad times. National is taking us to the same destination as the Klark government was. Slowing the train won’t help at all, we need to get it on to an entirely different track. As unpalatable as it may be, that is the message English should be giving the voters. Because its the truth.

10 thoughts on “Bill English- More Irresponsible Propaganda From The Nats After Credit Downgrade

  1. I’m beginning to wonder if these two aren’t buffoons at all…what if what they’re doing (and failing to do) serves another agenda?

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  2. See that the NZ’s premiere right wing blog has nothing up on the credit downgrade. Its still full of piffling and painfully boring attacks on the Labour party. Farrah is just another left wing social liberal who would be better off joining his friends at Labour and bringing the party to the right, rather than infesting National with his Marxist crap and dragging it to the left.

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  3. I’m think you may be right, KG. It was only a couple of days ago the dead tree press carried headlines which quoted both English and his smiling, waving idiot master as saying NZ is in good shape to ride out any storms caused by Europe and the US. Any suggestion they didn’t know as recently as last week that Fitch were about to downgrade has got to be blatant bullshit – the agencies don’t issue a downgrade out of the blue.

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  4. From stuff.co.nz:

    “English meet with rating agencies in the United States last week but did not know the downgrade was coming”

    BULLSHIT!!!!

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  5. And in the mean time you’ll keep on paying taxes for these idiots to do what they want with your money, and your house and your hard-earned savings will be depreciated to hide the level of their incompetence.

    It is time they were held accountable and, if found to be criminally negligent, gaoled.

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  6. “Farrah is just another left wing social liberal who would be better off joining his friends at Labour and bringing the party to the right, rather than infesting National with his Marxist crap and dragging it to the left.”

    Red, did you also see his recent post wishing Keith Locke well on his departure from parliament and his saying Locke was a genuinely nice guy?

    “However Keith is a great example of someone where you can hate their views, but like the person.”
    “His views, while extreme, are sincere.”

    I left the following comment [after Scumsucker mentioned the KB thread over on CR]:

    “While someone might be nice to your face, speak in pleasant platitudes, and have a mild personal demeanor … if they hold values diametrically opposed to your own, wish the downfall of Western civilisation, support totalitarian communist regimes, and would wish upon us all the loss of the freedoms we currently enjoy under democracy THEN I’M SORRY, but this person can ONLY be descrIbed as my ENEMY!!!

    What a shame some people aren’t familiar with the term “Judas kiss” …”

    Surprisingly, even many of the usual suspects strongly disagreed with Farrar’s views.
    Of course my above and following comments manage to inflame [as usual] many of the usual mindless halfwits. No surprises there 🙂

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  7. Wow Kris, that one brought out the trolls, didn’t it! KB hasn’t changed at all (which is why I’ve made <30 comments since coming back from my ban); social liberals from the far left cuddling up to Marxists from the extreme left, and everyone thinking they have a range of views. Fucking sheep the lot of 'em.

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