Friday, April 07, 2006
Cullen Creaming It
News the Crown Operating Surplus is over $6.6Billion and $2.7Billion ahead of forecast or budget for the 8 months ended february 2006 will surprise no-one. Dr Cullen is presiding over a continual rape of the working classes. He is hard out re-distributing the hard work of the workers - and loving it.
Meanwhile Auckland is screaming out for infrastructure investment in roads, railways and rolling stock. The power sector is way under-invested and hospital waiting lists disappear out the wazoo.
For the lefties out there - don't tell me the surplus is up because corporate profits are up - those profits are subject to withholding tax - on behalf of the shareholders and completely topped up to the highest marginal rate.