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And so it begins

Written By: - Date published: 10:47 pm, December 15th, 2011 - 218 comments

Mighty-River-Power

Mighty River Power is first on the block, to be sold in the third quarter of next year (weather conditions permitting).

Will Key sign pledge not to sell Kiwibank?

Written By: - Date published: 11:42 am, November 23rd, 2011 - 97 comments

not for sale v3

Phil Goff has signed a pledge that Labour will not sell Kiwibank if it becomes government. Other party leaders have been invited as well. I expect the Greens, New Zealand First, Mana, and the Conservatives will (who knows about the Maori Party). But will Key sign? National is secretly itching to sell Kiwibank, Bill English got caught out admitting as much.

InvisiNats: Bill English

Written By: - Date published: 1:02 pm, November 14th, 2011 - 17 comments

bill-english-sad

Key is avoiding the hard questions, but his photo-op face is everywhere. The rest of the Nats are working hard at being invisible. Let’s bring a little sunlight into that darkness!

Today’s InvisiNat is Bill English.

Creating opportunities

Written By: - Date published: 9:14 am, November 13th, 2011 - 16 comments

dole street

The Nats admit that they’ve failed to close the gap between rich and poor.  In fact, of course, it’s getting worse.  Bill English says they’ve “created opportunities”, which is Tory speak for doing nothing at all.

The Recovery is here, it’s coming, it’s…

Written By: - Date published: 12:30 pm, November 9th, 2011 - 47 comments

key-english

National want it both ways.  They’ve brought us economic recovery through their brilliance (we’ve just not felt it yet), but also the lack of a recovery is not their fault and is in fact why all the stats are so bad. Here’s a reminder of what they’ve said…

Will Bill English heed his own warning?

Written By: - Date published: 11:43 am, October 5th, 2011 - 18 comments

Burning Money natonomics2

Will double dipping double downgrade Bill English have the guts to heed his own warning?

English: poll downgrade coming

Written By: - Date published: 11:13 am, October 4th, 2011 - 12 comments

mr muddle

Bill ‘Double Dipton’ (or should that be ‘Double Downgrade’?) English says people aren’t focused on politics, which is why National is so high in the polls. When they focus on the main election issue of economic management, DD says the gap will close. Not exactly a strong defence of his and Key’s performance as economic leaders.

Nats’ muddling earns credit downgrade

Written By: - Date published: 7:19 am, September 30th, 2011 - 107 comments

Burning Money natonomics2

National has borrowed $37 billion in less than three years and delivered no growth for it. In fact, it has repeatedly failed to meet its growth projections and GDP per capita has fallen. That failure has now resulted in the credit rating agency Fitch downgrading our credit rating. Makes a lie of the Nats’ line that we’re in better shape than in 2008. Will Bill English resign?

Update: S&P downgrades us too. English’s resignation letter being drafted on 9th floor to stem political fall-out for Key.

English on the economic turmoil

Written By: - Date published: 9:20 am, September 23rd, 2011 - 53 comments

english

As most of the headlines this morning focus on the crumbling world economy, it was interesting to hear Bill English on RNZ.  Among various inane comments there was one interesting gem, when English called for higher taxes…

Key missing the big picture

Written By: - Date published: 8:09 am, September 22nd, 2011 - 58 comments

titanic-sinking

It’s a bit of a worry that the PM seems to be clueless about the complexity and interdependence of the world economy. Bill English needs to take him aside and paint him a picture.

Resignation watch

Written By: - Date published: 11:43 am, September 12th, 2011 - 39 comments

letter of resignation

Which minister(s) will John Key fire this week? Bill ‘Double Dipton’ English, is embroiled in yet another personal corruption scandal involving a job for his brother. Gerry ‘The VIIIth’ Brownlee’s Christchurch fiefdom is seeing a peasants’ revolt among redzoners. Murray ‘drowned rat’ McCully delivered Key a huge embarrassment on Friday at the RWC opening.

Nats clueless on privatisation consequences

Written By: - Date published: 11:01 am, September 7th, 2011 - 17 comments

not for sale v2

If electricity assets were part privatised, future governments couldn’t make the kind of reforms that National made earlier this year because of the need to consider private investors’ rights. Pretty simple, eh? Tell that to Hekia Parata. Bill English has his head in the sand on the effect of falling markets and can’t guarantee Kiwi ownership.

Cuts and consequences

Written By: - Date published: 12:10 pm, August 25th, 2011 - 21 comments

half of invite

The government reckons it can cut the number of public sector workers without cutting services. That wasn’t the experience of the 80s and 90s when vital institutional knowledge and expertise were lost in a frenzy of asset sales,  privatisation and brutal job cuts– when public service numbers dropped from around 85,000 public servants  to under  30,000 …

Nats rebel on privatisation

Written By: - Date published: 5:17 pm, August 13th, 2011 - 27 comments

not for sale v2

English is under attack at the Nat conference over asset sales. The neolibs vultures treat the state as a carcass to pick clean. But old school conservatives believe in investing the nation. And business types know you don’t get rich by selling profitable assets. English has no good excuses. All he can offer is expensive measures that make selling even more unprofitable.

English’s record under fire

Written By: - Date published: 6:58 am, August 11th, 2011 - 56 comments

beggar bill

Stuart Nash put Bill English’s feet to the fire yesterday on his economic record. English has been claiming that the economy is in better shape to withstand another economic crisis than it was in 2008. Does anyone seriously believe that? We’re poorer, we’re more indebted, we’re less employed, and costs are higher.

Yet more dodgy Nat numbers

Written By: - Date published: 6:56 pm, July 18th, 2011 - 61 comments

bill english plank

If you’re a blogosphere regular, you’ll have noticed that recently every monkey with a copy of the Fountainhead and a crush on John Key has been spouting the line that the top 10% of taxpayers pay 71% of net tax. Sounds incredible, eh? That’s because it’s not credible. It’s more cheap tricks from the Nats.

English to go over asset sales lie?

Written By: - Date published: 12:30 pm, July 11th, 2011 - 61 comments

bill english worried

Labour has been chipping away at National’s case for asset sales for months. The hole in the budget has been exposed, the ‘mum and dad investors’ myth has been quashed, the efficiency argument has been broken. Now, Bill English has been caught out lying to Parliament over advice that shares would go to foreign buyers. He’ll be forced to resign.

Maths not a strong point

Written By: - Date published: 5:14 pm, July 9th, 2011 - 16 comments

English’s Budget that counted asset sale revenue but not costs appears to be part of a wider maths problem for our Finance Minister. Perhaps this explains the Double Dipton affair.

In other news

Written By: - Date published: 8:59 am, June 25th, 2011 - 14 comments

smile-and-wave-key

The spotlight was on Christchurch last week, and will be on Te Tai Tokerau over the weekend.  Lots of stories are slipping by under the radar.  But here are a couple of  pieces that deserve further comment.

Back to High School for English

Written By: - Date published: 6:20 am, June 15th, 2011 - 85 comments

dunce cap

My jaw dropped when I heard this listening to Question Time yesterday. Mallard: “Does he understand that real average wages go up when high-income earners get massive tax cuts-$1,000 a week, in his case-and low-income workers lose their jobs?” English: “No, I do not understand that, because it is not true.” Can’t English do simple maths?

Bill’s Magic Numbers

Written By: - Date published: 8:12 am, June 12th, 2011 - 14 comments

bill english laughing

Bill (and John and the entire National caucus) have been telling us that we are required to borrow $380 million each and every week.  Apparently we aren’t.

English: dodgy asset sales figures

Written By: - Date published: 4:19 pm, June 9th, 2011 - 15 comments

Bill English 1

Question Time: David Cunliffe wipes the floor with Bill English in the House today, as he shows up his missing costs of asset sales.

English – sell dams to buy prisons

Written By: - Date published: 6:37 am, June 9th, 2011 - 54 comments

private prison

So, that’s National’s great big plan: get rid of our electricity assets and use the cash to build more prisons. Not much of a brighter future there. National still hasn’t come up with a convincing reason why we would sell highly profitable monopolistic companies. Instead, we’ve seen a series of weak excuses. Now, English has revealed the truth.

So, borrowing to save makes sense afterall…

Written By: - Date published: 9:59 am, June 8th, 2011 - 29 comments

Burning Money natonomics2

Do you remember back in the day when Bill English didn’t want to put any money into the Cullen Fund? Remember how we were smugly told that borrowing to save was foolish? Well, since then the Cullen Fund has made a fortune and, we know learn, the government has been borrowing to build up savings for the Christchurch rebuild.

No future in English & Brash’s neoliberal plans

Written By: - Date published: 10:57 am, June 7th, 2011 - 14 comments

capitalism is no future

Don Brash has attacked Bill English’s budget which he says fails to lay out a plan for New Zealand. The reality, I think, is that both have plan however there is little or no future in either plan. Neither Brash nor English have laid out a plan which deals with the present and quite near problems we will face.

Time for a cross party consensus on crime

Written By: - Date published: 7:25 am, June 6th, 2011 - 68 comments

racist prison system

All of a sudden National and ACT are sounding vaguely sensible on crime and prisons.  There seems to be a golden opportunity to reach a cross party consensus, and get some evidence driven policy and practice in this area.  Who is going to make the first move?

Stop me if you’ve already heard this one

Written By: - Date published: 8:26 am, May 21st, 2011 - 12 comments

bill english laughing

As I think you can tell from the budget speech, that Bill English is quite a funny guy…

I know it is picky – but it is Friday..

Written By: - Date published: 11:29 am, May 20th, 2011 - 26 comments

John Key - what is he really saying

I was listening to John Key on Parliament TV last night on the budget and he is bloody lazy when speaking. I had to watch his lips before I could figure out what he was saying. This morning there is a video of his remedial vocal work that illustrates this problem..

The borrow and hope budget

Written By: - Date published: 10:00 am, May 19th, 2011 - 108 comments

treading water budget cartoon

It’s only taken two and a half years of mismanagement and reckless tax cuts from to run the country  into a mountain of debt. How bad have they let things get, who will they make pay for their mistakes, and how rosy will the forecasts their plans hang on be? Rolling coverage through the day.

Updates: Plans for privatisation are set out.  Families hit harder than expected.

Pre-budget roundup

Written By: - Date published: 7:03 am, May 19th, 2011 - 25 comments

budget cuts

So, today is Budget day.  The big stuff has all been pretty well signposted, tinkering with KiwiSaver, Working for Families, and student loan eligibility.  The devil will be in the details of all the cuts that get made to try and limit the damage in health and education.

Beemer watch

Written By: - Date published: 8:05 am, May 14th, 2011 - 61 comments

guy-with-telescope

What is going to happen to the “old” BMW limos when the government gets rid of them?  The franchise that just donated $50,000 to the Nats has said it wants its share of the “honey pot”.  I wonder if the Nats will oblige?

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