Warning – NZ bank deposits are not guaranteed

ASB boss Vittoria Shortt’s major concern seems to be that she can’t lend more, probably to the housing sector. (Image: supplied)

Brian Gaynor

Sat, 12 Feb 2022

We have moved a long way away from President John F Kennedy’s January 1961 inauguration speech proclamation: “Ask not what your country can do for you – ask what you can do for your country.”The new US president was encouraging Americans to do what is best for the greater good but six decades later we are clearly in the age of entitlement, an age when individuals and organisations put themselves first.Mainstream media has fostered this entitlement focus with one-sided emotional stories about individuals who have been dis...

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