Friday, February 17, 2006

Bouquet or brickbat?

A caller to a radio programme awarded a bouquet to all those "patriotic" New Zealanders for supporting Kiwibank. Naturally I had to ring in and give the same people a brickbat. Kiwibank continues to grow on the back of NZ Post. People who use it are self-serving opportunists - happy to be subsidised by the taxpayer.

1 comment:

Libertyscott said...

and the "profit" is a return of less than 4% on the government investment - basically would've been better off putting it in another bank on a term deposit!