How, exactly, does Winston Peters propose to pay for this bank he wants the government to buy? I’m by no means against government spending, but this seems to be going too far.

#NZPol

@janef0421

The smarter #NZPol investment would be investing more $ into #Kiwibank which NZ government already owns and operates and the even smarter move to strengthen Kiwibank would be to move NZ government banking from the Australian owned Westpac bank to Kiwibank.

In case anyone is wondering why the Tories don’t want a powerful state owned bank is they’re unable to personally profit off it which is the same reason National sold off 49% of NZ’s gentaillers (power companies) as they are personally profiting off the exploitative profiteering.