How does a Government get around the fact that it has a bankrupt pension fund?

Easy. They start a new one and name it KiwiSaver.

After being signed up to this scam called KiwiSaver by an “employer” who I hadn’t actually worked for in recent years, I was feeling a little ticked.  This person for whatever reason signed me up after making a submission to our Inland Revenue Department (IRD). The fact that he neglected to pay me the amount in question for work I never did doesn’t seem to matter to IRD.

So I have been signed up to KiwiSaver. Now it is up to me unsign myself. I am supposed to do this every time I start a new job within a couple of weeks. Which is a little hard since I didn’t know I wasn’t being paid the wages submitted to IRD at the time. I only just found out months later.  Now I have to make a submission that is examined on a case-by-case basis.

If this isn’t a case of people creating job security I don’t know what is. It is costing the country thousands of dollars to keep signing people like me up for me to unsign days later. This is Government efficiency at its best!

So how do we solve this problem.

Well it appears that we make KiwiSaver compulsory – that will solve the unsubscribing issue, and it will create a fund that the Government can borrow more money against to pay the retirement fund of an aging population who’s retirement fund the Government has squandered.

This is just another case of communism alive and well in our parliamentary system. It shows that our “center right” Government is so center right it is in the middle of the communist left. I predict that a genuine right leaning party will be the undoing of our current Government – in like manner to the role Sir Robert ‘Bob’ Jones played. The difference being that it is highly likely they will be elected this time around.

I am tired of Governments mismanaging my money and I would like to manage my own and I believe I am not alone.

So go ahead and make my day John Key – it may be your last chance.