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In his own terms

Written By: - Date published: 9:05 am, March 12th, 2013 - 16 comments
Categories: trade - Tags:

So, John Key is heading back from yet another overly long ‘trade mission’ that seemed to involve little in the way of actual meetings and a lot in the way of trying on silly hats. While in Latin America, he somehow managed to snub our biggest export destination in the region at a sensitive time and did nothing else of note. But how well is the ‘wheeler and dealer’ doing, in his own terms – that is, as the guy to lift Kiwi exports?

Not well. Exports to Mexico, Chile, Colombia, and Brazil have fallen by 26% under his watch, while imports have risen (we send them mostly agricultural produce, they send us manufactured goods in return – which of us is the developed country again?). The trade surplus to the countries Key went to is down 0ver 99% under his watch. It turns out that the decline in the trade surplus is because 3 of the 4 countries Key visited have taken action to lower their currencies, while we have done nothing – that means their businesses have remained competitive, while ours have not.

Why Key was wasting time on talking up trade with Colombia, no-one can offer a credible reason. At $13 million a year, Colombia takes less than 0.03% of our exports. If Key had got his officials together and they had all sat down and come up with a way to reduce New Zealand’s consumption of imported oil by 0.15%, it would do more for the country’s net trade income than all the exports to Colombia.

In fact, given that Australia is 20 times the export destination of all these countries combined – he could have had a bigger impact, for less money, leading a trade mission there.

And what about trade deals? You’re probably not a fan of them. Neither am I because they’re not really a about free and fair trade, they’re about international capital weakening labour rights and environmental protections. But Key loves ’em.

So, you might be surprised to learn he hasn’t completed a single trade deal from start to finish despite having over 4 years at the helm.

It seems all the deals he’s started are in various forms of suspended animation. The Russian one was always a joke because they’re such a minor trade partner but has floundered in recent months, the Indian one seems to be going nowhere fast, I wouldn’t hold my breath on the TPP, the Korean FTA doesn’t even appear to have gotten to formal negotiation rounds after 3 years of talking nicely, and the Gulf Cooperation Council deal mysteriously disappeared after Key pulled out of the signing to attend the funerals for the ANZAC Day helicopter crash.

16 comments on “In his own terms”

  1. Kevin Welsh 1

    Despite Key’s multiple inadequacies, his supporters have often crowed about his great ‘wheeler-dealer negotiating skills.

    All we have seen so far is his ability to cave to big business.

    He couldn’t negotiate a good shit with his own arse.

    • fender 1.1

      That last sentence doesn’t apply to Key, his waste leaves his body through his mouth.

    • Rupert the Beer 1.2

      You’re assuming that Key regards bowing to the interests of big-business as a failure. I suspect that in reality, it’s not actually the case.

  2. One Tāne Huna 2

    Key is a pathological liar. I understand Blip has a list.

    He can’t fail “on his own terms” because his own terms are dinnimic.

  3. prism 3

    dinnimic
    Seems Romanian – google has lots of entries all confusing and one with Phil Goff mentioned.

    I hear Nathan Guy is in Brazil too – when is government going to hold a lottery for places on these overseas jaunts for voters? Let’s all have a go at this OE. We could learn as much or more about the locations and people as our cute and cuddly pollies.

    • One Tāne Huna 3.1

      “…we live in a dinnimic environment.”

      • prism 3.1.1

        OTH
        Oh is that in the Jonkey dialect? I think I get it. Didn’t know he spoke Romanian but of course it’s hard to tell what he’s saying sometimes.

        • One Tāne Huna 3.1.1.1

          ….and when you can tell what he’s saying, you can’t take his word for it.

  4. Tim 4

    I picked up some hitchhikers yesterday – one happened to be the adult son of a Sth American diplomat currently serving in NZ. The journey was long, so needless to say we had the opportunity to have a long discussion.
    What came out was a good understanding of how his country of origin in particular, and Sth America in general perceive the current NZ regime.
    A couple of quips stood out most – one to do with Key and his mates must think we’re fucking stupid, and the second to do with the snub – the cultural offense of which (due to Key’s attitude) shouldn’t be underestimated. Key’s attitude too to BRICS nations in general borders on the offensive (if you happen to be one of those nations or one that has a cultural affinity with them in some way).
    And whilst that applies to Sth American portion of the BRICS, the manner in which both Indian and Chinese international students in NZ are often royally ripped is beginning to go down like a cup of cold sick too.
    I’m still trying to understand why Joe Average could ever have seen this philistine as some sort of sage that was going to ensure them of a good future. Not only is he responsible for inter-generational theft, a widening gap that’ll cause future social unrest, but if he’s allowed to carry on he’ll leave the country baron of any wealth producing capability for NZers. Still, I suppose we can all console ourselves in front of flat screen TVs watching visual snot.

    • Murray Olsen 4.1

      Key’s attitude to all countries except the US and A, especially towards Aotearoa, is highly offensive. He spares the UK a little because he will no doubt want a knighthood one day. A real Kiwi, Sir Ed, once noted that he didn’t give a shit about his knighthood until he found it made Americans give him more money for his projects in Nepal. Since Key just wants the wealth transfer to go the other way, and basically serves up our arses on a plate at banquets on both of the US coasts, why does he want a knighthood? All I can see is that he has some pathological need for recognition, which possibly even explains why he made his fortune and came back as PM. Honestly, how many people would give the creep the time of day if he wasn’t rich and PM? From his mincing around at the Tory Gay Business Forum Big Gay Out in Auckland to his cringeworthy antics on that American show and his puerile servility to Hollywood and the FBI, everything he does is just a sign of a severe lack of self esteem. He needs treatment and help, not votes.

      • Tom 4.1.1

        ” .. why does he want a knighthood? All I can see is that he has some pathological need for recognition, which possibly even explains why he made his fortune and came back as PM.”

        It’s probably the immigrant thing .. poor boy made good, titles, recognition .. in his own mind if not others. Some people still buy into it as things get tighter and past assumptions no longer apply. He’s probably more reflective than he cares to admit .. as P.T. Barnum once said “there is a new one born every minute”.

    • Sandstonez 4.2

      I call absolute BS on this little tale. Some hitch hickers who just happened to be closely related to a “South American diplomat” who also happen to validate every single one of your opinions about John Key. Convenient.

      In that vein, I also picked up a hitch hiker yesterday. A Venezuelan whose father ran a small shoe manufacturing plant in Caracas. He was thrilled at Chavez’s death, having had his business raided every six weeks by authorities threatening closure unless he paid significant bribes. And he was absolutely dismayed that New Zealand leftists sought solidarity with this thug.

      Oh look, I lied.

  5. CnrJoe 5

    hes been ending whaling the whole time – thats more than enough for four years

  6. Tim 6

    O Christ …. here we go! In the bekgrearn …..Parly Armint with a speaker that’s beseaching us and orl on rabble membas.
    Beseach he might (whatever that means).

    Wind pissing might be a better pass time

  7. Strategos 7

    Our first minister has skillfully executed a sale of surplus LAVs to a government facing insurrection, introduced agriculturally based business people to owners of the biggest latifundia in the Americas, and discovered that rugby has been played longer in Brasil than NZ. This is significant. The Sevens will compete in Rio 2014. This will assist our domination of the code, and the derivative and expat Auckland business elite will be pleased.

    The peasants back home ? Parata, Roy Morgan, the Hobbitt, and some slapstick will keep them amused until he can fly back to Hawai’i to commune with the Ali’i.

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    News that an unnamed bank in Ashburton has put a receiver on notice over financially vulnerable farmers will send a chill through rural New Zealand, says Labour’s Finance Spokesperson Grant Robertson. “The Government needs to work with  New Zealand’s banks… ...
    5 days ago
  • Key is trading away New Zealand land and homes
    John Key yesterday admitted what National dishonestly refused to confirm in Parliament last week – he is trading away New Zealand’s right to control who buys our homes and land, says Opposition leader Andrew Little. “The Prime Minister must now… ...
    5 days ago
  • Razor gang takes scalpel to health
    Plans by the Government to take a scalpel to democratically elected health boards are deceitful and underhand, coming just months after an election during which they were never signalled, Labour’s Health spokesperson Annette King says “Leaked documents reveals a radical… ...
    5 days ago
  • Spin lines show a department in chaos
    Corrections Spin Doctors sending their place holder lines to journalists instead of responding to serious allegations shows the scale of chaos at the department over the Serco scandal, says Labour’s Corrections Spokesperson Kelvin Davis. “As more and more serious allegations… ...
    1 week ago
  • Court ruling shows law should never have been passed
    A High Court ruling that a law banning prisoners from voting is inconsistent with a properly functioning democracy should be a wake-up call for the Government, Labour’s Justice spokesperson Jacinda Ardern says. In an unprecedented ruling Justice Paul Heath has… ...
    1 week ago
  • Judicial Review Gamble Pays Off for Problem Gambling Foundation
    Congratulations are due to the Problem Gambling Foundation (PGFNZ) who have won their legal case around how the Ministry of Health decided to award their contracts for problem gambling services to another service provider. Congratulations are due not just for… ...
    GreensBy Denise Roche MP
    1 week ago
  • Environmental Protection Agency appoints GE advocate as new CEO
    This week, the Environmental Protection Authority Amendment Bill passed its first reading in Parliament. The Bill puts protection of the environment into the core purpose of the Environmental Protection Authority. This month, Dr Allan Freeth, the former Chief Executive of… ...
    GreensBy Steffan Browning MP
    1 week ago
  • Charanpreet Dhaliwal death demands genuine health and safety reform
    The killing of a security guard on his first night on the job is exactly the kind of incident that National’s watered-down health and safety bill won’t prevent, says Te Atatu MP Phil Twyford. The coronial inquest into 22-year-old Charanpreet… ...
    1 week ago
  • Arbitrary sanctions hit children hardest
    Increasing numbers of single parents are being penalised under a regime that is overly focussed on sanctions rather than getting more people into work, Labour’s Social Development spokesperson Carmel Sepuloni says. “Figures, obtained through Parliamentary questions show 3000 more sanctions,… ...
    1 week ago
  • Hekia just won’t face the facts
    Hekia Parata’s decision to keep troubled Whangaruru Charter school open despite being presented with a catalogue of failure defies belief, goes against official advice and breaks a Government promise to close these schools if they were failing, says Labour’s Education… ...
    1 week ago
  • No more silent witnesses
    Yesterday I attended the launch of a new initiative developed by and for Asian, Middle eastern and African youth to support young people to name and get support if there is domestic violence at home. The impact on children of… ...
    GreensBy Jan Logie MP
    1 week ago
  • Single Use Plastic Bags campaign – Some wins and some green-washing
    As we near the end of Plastic Free July I’m nearing the conclusion of my Say No To Plastic Bag tour when I will have completed all 30 of my public meetings. The campaign was designed to work with community… ...
    GreensBy Denise Roche MP
    1 week ago
  • Single Use Plastic Bags campaign – Some wins and some green-washing
    As we near the end of Plastic Free July I’m nearing the conclusion of my Say No To Plastic Bag tour when I will have completed all 30 of my public meetings. The campaign was designed to work with community… ...
    GreensBy Denise Roche MP
    1 week ago
  • Minister must take responsibility for problem gambling debacle
    The Government’s handling of the Problem Gambling Foundation’s axing in a cost-cutting exercise has been ham-fisted and harmful to some of the most vulnerable people in society, Associate Health Labour spokesperson David Clark says.“Today’s court ruling overturning the axing of… ...
    1 week ago
  • Labour will not support TPP if it undermines NZ sovereignty
    The Labour Party will not support the Trans Pacific Partnership Agreement unless key protections for New Zealanders are met, Opposition leader Andrew Little says.“Labour supports free trade. However, we will not support a TPP agreement that undermines New Zealand’s sovereignty. ...
    1 week ago
  • Coleman can’t ignore latest warnings
    Resident doctors have advised that a severe staffing shortage at North Shore Hospital is putting patients’ lives at risk, Labour’s Health spokesperson Annette King says. “They say a mismatch between staffing levels and patient workloads at North Shore has… ...
    1 week ago
  • ACC must remove barriers to appeals
    The Government must prioritise removing barriers to justice for ACC claimants following a damning report by Acclaim Otago, Labour’s ACC spokesperson Sue Moroney says. “ACC Minister Nikki Kaye must urgently scrap her flawed plan to remove claimant’s right to redress… ...
    1 week ago
  • Six months’ paid parental leave back on the agenda
    Six months’ paid parental leave is back on the agenda and a step closer to reality for Kiwi parents after Labour’s new Member’s Bill was pulled from today’s ballot, the Bill’s sponsor and Labour MP Sue Moroney says. “My Bill… ...
    1 week ago
  • Sole parents at risk of having no income
    New requirements for sole parents to undertake a reapplication process after a year is likely to mean a large number will face benefit cancellations, but not because they have obtained work, Labour’s Social Development spokesperson Carmel Sepuloni says. “Increasing numbers… ...
    1 week ago
  • Juking the Welfare Stats Again
    Last week the government’s major initiative to combat child poverty (a paltry $25 increase) was exposed for what it is, a lie. The Government, through the Budget this year, claims to be engaging in the child poverty debate, but instead,… ...
    GreensBy Jan Logie MP
    1 week ago
  • OCR rate cut a result of flagging economy
    The Reserve Bank's decision to cut the Official Cash Rate to 3 per cent shows there is no encore for the so-called 'rock star' economy, says Labour's Finance Spokesperson Grant Robertson.   "Today's interest rate cut comes off the back… ...
    1 week ago
  • Reboot to an innovation economy, an Internet economy and a clean economy
    In my short 33 years on this planet we’ve seen phenomenal technological, economic and social change, and it’s realistic to expect the next 33 will see even more, even faster change. You can see it in the non-descript warehouse near… ...
    GreensBy Gareth Hughes MP
    1 week ago
  • Bill that puts the environment into the EPA passes first hurdle
    A Bill that puts the environment squarely into legislation governing the Environmental Protection Authority passed its first reading today, says Meka Whaitiri.  “I introduced this member’s bill as the current law doesn’t actually make protecting the environment a goal of… ...
    1 week ago
  • Key’s KiwiSaver deception exposed
    KiwiSaver statistics released today expose John Key's claim that the cutting of the kickstart payment "will not make a blind bit of difference to the number of people who join KiwiSaver” to be duplicitous, says Labour Finance Spokesperson Grant Robertson.  “Official… ...
    1 week ago
  • Minimum Wage Amendment Bill to protect contractors
    All New Zealanders should be treated fairly at work. Currently, the law allows non-employment relationships to be used to get around the minimum wage. This is unfair, says Labour MP David Parker. “The Minimum Wage (Contractor Remuneration) Amendment Bill, a… ...
    1 week ago
  • Bill raises bar to protect Kiwi farmland
    The Government’s rubber-stamping of every one of the nearly 400 applications from overseas investors to buy New Zealand farm land over the last three years proves tougher laws are needed, Labour MP Phil Goff says. “In the last term of… ...
    1 week ago
  • Costly flag referendum should be dumped
    John Key must ditch the flag referendum before any more taxpayer money is wasted, Opposition Leader Andrew Little says. “Millions of dollars could be saved if the Prime Minister called a halt to this hugely expensive, and highly unpopular, vanity… ...
    1 week ago
  • Nats letting Serco off scot free
    Government members have prevented Parliament’s Law and Order select committee from getting answers out of a senior Serco director about the fight clubs being run at Mt Eden prisons, says Labour’s Corrections Spokesperson Kelvin Davis. “At today’s Law and Order… ...
    1 week ago

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