Written By: - Date published: 9:58 am, May 26th, 2012 - 55 comments
Taunting the young people who are getting the shitty end of the economic stick – does it get any more arrogant than that?
Written By: - Date published: 4:34 pm, May 23rd, 2012 - 8 comments
Bill English has introduced a number of stealth taxes over his time in office, to partly balance the loss his tax cuts for the rich has generated. The latest in this budget will be prescription costs and raising the price of Early Childhood Education (again). We’ll have to wait until tomorrow to find out if …
Written By: - Date published: 2:57 pm, May 22nd, 2012 - 22 comments
Labour has published its budget website and a video ripping John Key’s record of broken promises. It’s pretty damning. Yet Key and English want to claim that there’s nothing wrong and growth has been in line with projections. It’s like they’re operating in a parallel universe.
Written By: - Date published: 6:07 pm, May 21st, 2012 - 1 comment
Scott at Imperator Fish has kindly given us permission to syndicate posts from his blog – the original of this post is here.
A guest post from the Finance Minister.
Written By: - Date published: 6:52 am, April 29th, 2012 - 182 comments
Key should go because of his dirty deal with SkyCity. Joyce too. Collins should go over the ACC leaks. Brownlee for sheer incompetence. English for shit-eating grin every time he fails to meet his own growth forecasts and announces more cuts. Add Banks to the list. His position in now untenable. The accusations are serious and credible. His excuses and memory lapses implausible. He must at least be stood down.
Written By: - Date published: 10:49 am, April 27th, 2012 - 16 comments
Didn’t take much clairvoyance to see that National would fail to meet its promise of a Budget surplus by 2014/15. You’ve never seen a Finance Minister have his forecasts cut so often and look so happy about it. His failure against his own artificial target gives him an excuse to cut. His party’s ineptness to blame but we pay. Students look to be his target this round.
Written By: - Date published: 12:36 pm, April 13th, 2012 - 43 comments
When even your friends are telling you you’ve got it wrong, it’s time to reconsider. So Bill: the Employers Union (EMA) and Family First want Paid Parental leave. It’s not too expensive, it’s back by all childcare experts, and the cost is even delayed. Just do it.
Written By: - Date published: 2:06 pm, April 12th, 2012 - 26 comments
Scott at Imperator Fish has kindly given us permission to syndicate posts from his blog – the original of this post is here.
Written By: - Date published: 12:00 pm, April 12th, 2012 - 21 comments
Every time Simon Lusk’s name gets mentioned, Whaleoil (which is only Cameron Slater and has nothing to do with Lusk </sarcasm>) responds with a vitriolic and revealing tirade. In the latest, Whaleoil insists there are no National factions, before insulting and demeaning each of the factions except Collins’, and accidentally confirming the leadership tussle is on.
Written By: - Date published: 7:15 am, April 10th, 2012 - 63 comments
Despite losing nearly 1 in 4 of its supporters, 300,000 voters, in a little over 6 months according to the Roy Morgans, National’s 44% still looks superficially impressive. Until you realise they need to be able to form a majority more or less alone. The Right’s monolithism doesn’t just place extraordinary demands on National’s leader, it’s the root of the current civil war.
Written By: - Date published: 4:16 pm, March 29th, 2012 - 12 comments
Bill English and Treasury adopted a “see no evil, hear no evil” approach to the Retail Deposit Guarantee Scheme. And it’s cost us $2 billion. The Deputy Auditor General has delivered a damning report on a ministry used to judging others, not suffering any oversight itself…
Written By: - Date published: 9:10 am, March 21st, 2012 - 7 comments
Treasury has repeatedly proven itself incapable of forecasting its way out of a paper bag but, for some reason, that doesn’t stop it trying to tell everyone else how to do their jobs. Currently, they’re pushing for larger class sizes in the reduced education budget. Someone should ask why the education budget is under pressure but Treasury’s isn’t. Wait, someone did.
Written By: - Date published: 4:29 pm, March 9th, 2012 - 3 comments
Scott at Imperator Fish has kindly given us permission to syndicate posts from his blog – the original of this post is here.
Scientists yesterday announced that a giant asteroid is on a collision course with the Earth. They predict that the huge rock will hit the southern part of the North Island tomorrow, destroying most of Wellington and leaving hundreds of thousands of people dead.
However, Finance Minister Bill English said there was no need for panic over the news.
Written By: - Date published: 2:05 pm, March 2nd, 2012 - 25 comments
Bill English: “A government can’t have a lot of impact on the job market. It is what it is.” He’s only half right.
Written By: - Date published: 10:59 am, February 17th, 2012 - 20 comments
Bill English admitted yesterday that his new estimate that asset sales will net $6b in revenue, $800m above book value, is just a guess – the midpoint of the previous guess of $5-7b. And that’s not all that’s made up. The forecast foregone profits are way under-estimated. Even with these fiscal frauds, English still can’t get asset sales to make economic sense.
Written By: - Date published: 10:47 pm, December 15th, 2011 - 218 comments
Mighty River Power is first on the block, to be sold in the third quarter of next year (weather conditions permitting).
Written By: - Date published: 11:42 am, November 23rd, 2011 - 97 comments
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.
Written By: - Date published: 1:02 pm, November 14th, 2011 - 17 comments
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.
Written By: - Date published: 9:14 am, November 13th, 2011 - 16 comments
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.
Written By: - Date published: 12:30 pm, November 9th, 2011 - 47 comments
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…
Written By: - Date published: 11:43 am, October 5th, 2011 - 18 comments
Will double dipping double downgrade Bill English have the guts to heed his own warning?
Written By: - Date published: 11:13 am, October 4th, 2011 - 12 comments
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.
Written By: - Date published: 7:19 am, September 30th, 2011 - 107 comments
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.
Written By: - Date published: 9:20 am, September 23rd, 2011 - 53 comments
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…
Written By: - Date published: 8:09 am, September 22nd, 2011 - 58 comments
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.
Written By: - Date published: 11:43 am, September 12th, 2011 - 39 comments
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.
Written By: - Date published: 11:01 am, September 7th, 2011 - 17 comments
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.
Written By: - Date published: 12:10 pm, August 25th, 2011 - 21 comments
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 …
Written By: - Date published: 5:17 pm, August 13th, 2011 - 27 comments
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.
Written By: - Date published: 6:58 am, August 11th, 2011 - 56 comments
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.
Written By: - Date published: 6:56 pm, July 18th, 2011 - 61 comments
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.
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