We declare the entire cost of the flag referendums to be ODIOUS DEBT.

The issue

We, the People of New Zealand, declare the entire cost of this flag referendum vanity project to be "ODIOUS DEBT".

ODIOUS DEBT is : In international law, odious debt, also known as illegitimate debt, is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state

As at 1.30 a.m on the 18th of March 2016, "we" are now in debt to the tune of $119,794,454,861... and climbing.

Total government expenditure for 2015 was $94.3 billion, therefore every cent spent by this regime is borrowed money.

Every poll taken prior to the launch of these referenda showed a clear majority of New Zealanders opposed to either the change of flag, per se, or / and the squanderous waste of monies to hold them.

This is clearly NOT in the interest of OUR NATION as a whole..

By declaring the full cost of the referendum to be "ODIOUS DEBT" we are telling "our" creditors that we will not be held liable for that portion of their lendings and that they will have to seek repayment, personally, from John Key and the national party regime that borrowed it.

Please sign and share this petition

 WE CAN MAKE THEM PAY !

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We, the People of New ZealandPetition starter
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The issue

We, the People of New Zealand, declare the entire cost of this flag referendum vanity project to be "ODIOUS DEBT".

ODIOUS DEBT is : In international law, odious debt, also known as illegitimate debt, is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state

As at 1.30 a.m on the 18th of March 2016, "we" are now in debt to the tune of $119,794,454,861... and climbing.

Total government expenditure for 2015 was $94.3 billion, therefore every cent spent by this regime is borrowed money.

Every poll taken prior to the launch of these referenda showed a clear majority of New Zealanders opposed to either the change of flag, per se, or / and the squanderous waste of monies to hold them.

This is clearly NOT in the interest of OUR NATION as a whole..

By declaring the full cost of the referendum to be "ODIOUS DEBT" we are telling "our" creditors that we will not be held liable for that portion of their lendings and that they will have to seek repayment, personally, from John Key and the national party regime that borrowed it.

Please sign and share this petition

 WE CAN MAKE THEM PAY !

avatar of the starter
We, the People of New ZealandPetition starter

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