Saturday, January 12, 2008

Bridgecorp Kiwisaver anyone?

What rotten luck for Michael Cullen. Kiwisaver is turning out to be more turkey than Golden Kiwi, with most default provider schemes actually losing money. And a recession is not on the way, it's just an interim stabilisation measure. Lucky that free money going down the gurgler is the government's and not ours, eh?