Give The Cullen Fund Back

Over at kiwiblog dpf links to the National Party Announcement that an incoming National Government will legislate for the NZ Superannuation Fund (i.e. The Cullen Fund,) or as WB prefers to call it; The Canute Fund, to invest 40% of its value within NZ.

WB says why not 100%, after all its our money in the first place, WB suggests that we just divvy it up, what could be more simple, just pro rata the amount of tax that we have paid individually since the fund was established against the total amount of the Fund and give us our money back.