Government ponzi scheme pissing all my money up against a damm wall

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Tony ‘Cockroach’ Ryall

http://www.stuff.co.nz/national/politics/67439973/scheme-cant-pay-back-loans

Once dubbed a government “ponzi scheme” by district health boards (DHBs), Health Benefits Limited (HBL) has been granted more than $10 million in loans by the Government. HBL was also given three separate extensions to the deadline to pay the money back, amid concerns the original deadline would leave the crown entity insolvent.

The final deadline for HBL to pay at least $10.2 million back is now March 31. If the money isn’t paid back, it is likely to be recovered from the already cash-strapped budgets of DHBs.

The organisation is now the subject of an investigation by the auditor-general.

HBL was set up by former health minister Tony Ryall in 2010 to save DHBs $750 million over six years by establishing shared contracts for key hospital services.

Ryall and Finance Minister Bill English approved the loan,

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I’m so drunk I can barely stand. What’s your excuse???

Damm it boi!!!

Do I have to beat some sense in to you???

Playing with my money is like playing with my emotions – I get emotional

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