web analytics

Can he look himself in the mirror?

Written By: - Date published: 9:30 am, September 23rd, 2008 - 28 comments
Categories: corruption, election 2008, john key - Tags:

John Key on August 30 “The appointment of a minister to Cabinet has to be done on the basis that as Prime Minister I can look that person in the eye and have confidence that I can rely on their word.”

Also, I know it’s small change to Key but to those of us who aren’t multi-millionaires it seems quite strange to invest $200,000 in rail company and spend a lot of energy trying to find out information on that company’s prospects, then condemn rail as ’19th century technology’ and the company he put so much money in as ‘a train set’. I guess they were just catchy lines and a way to attack Labour. Pity his words couldn’t live up to his actions.

A final point that ought to be obvious. Just because Key lost money all up does not mean he wasn’t corrupt in his use of information he gained as an MP to improve his position. First, he made money when he bought shares in his own name, then met with Rail America, publicly talked up the shares, and sold them. Moreover, if Key had not asked parliamentary questions on Tranzrail (the answers to which are nominally public but, in reality, are only read by the MP asking the question), if he had not been present at select committee meetings, if he not met with Rail America, he may have held on to them longer and lost more money. Just because you’re a loser doesn’t mean your actions aren’t corrupt.

28 comments on “Can he look himself in the mirror? ”

  1. Pat 1

    Steve Pierson wrote this morning:

    “Can we get on to discussing how to raise wages, whether we should break up ACC, and how to protect our environment now? … I suspect Kiwis will welcome coverage of issues that affect their lives instead of the latest gossip…”

    Contradictory posts. I think we should discuss John Key. I also think we should discuss Winston Peters and the Labour party protection of him. Neither should be brushed under the carpet.

  2. Haha – who is the Fat Controller btw?

  3. Pat. I anticipated your defence.. have a look in the thread of the previous post. And you will note I did discuss Peters I justdon’t intend to be obsessed over it, just as I will comment on Key’s lies without being obsessed by it – I’ve got too much other stuff to write for starters.

    Policy P. He’s the guy who came up when I typed Fat Controller into google images – that thing’s a gold mine.

  4. Pat 4

    Steve – well I’m afraid it looks like you are obsessed about it. Even right wing blogs have written congratulatory posts about Goff’s free trade deal. Nothing on The Standard yet. So far the line seems to be “Let’s discuss Key, let’s not discuss Winston”.

    [Pat. what was the first post this morning? Was it on Peters? don’t make yourself look like a fool. Don’t worry, I’ll be writing on the USFTA. SP]

    [lprent: Pat – that is a fast route to being banned (SP is nicer than I am). Read the last section of the About – “No – you must”. Here the posters post on what they want when they want. They write opinion pieces and this is not a newswire. As the section says you are welcome to start your own blog and rant there. However you are not allowed to pester the posters here trying to tell them what to do.

  5. vto 5

    SP, according to you on the “not with a bang but a whimper” post this sort of behaviour is acceptable if it is necessary to keep governing.

    Sort your standards out. One minute they’re over here, next over there, next again somewhere else.

    malleable morality.

  6. Pat 6

    Steve – hold back the personal attacks. Yes your first post this morning was on Peters – basically advising us that it is a non-story not worth discussing. Lift carpet, brush here.

    The Standard doesn’t have to be a sychophantic supporter. It is OK to criticize Clark and Cullen for their woeful handling of the Peters affair. Just like it is OK for National party supporters to criticize Key about his handling of the Tranzrail shares.

  7. Pat,

    John Key is a gambler. He is a very good gambler (hell, he made 50 million gambling/Investment Banking) but a gambler never the less.
    Bankers use everything they can to make money it’s in their system. And John Key used his position as a publics spokes person to glean information about a private investment. That is corrupt and I consider to be akin to insider trading. He may have prevented more loss based on his attack on Cullen and on the information he got out of Cullen that made sense to him alone causing him to sell his shares.

    I seem to recall reading somewhere that John Key had sold all his NZ shares to prevent a conflict of interest. damned if I can find it back.

  8. RedLogix 8

    Pat,

    Read the report rather than just regurgitating headlines and talking points.

  9. Pat 9

    I recall reading that somewhere too. John Key would be advised to just turnover his books to the media to prove he has nothing to hide, and therefore kill the story.

    But Ralston and Trotter reckon there are more stories to come.

  10. RedLogix 10

    How about National turning over ALL their books and opening up ALL their Trusts … and apply exactly the same standard as has been applied to NZ1?

  11. Pat 11

    Good idea – but why only National?

    [only National has used them apart from NZF and maybe ACT. SP]

  12. pete 12

    So despite these shady dealings, that nice man Mr Key still lost money?

    Doesn’t that make him corrupt AND incompetent?

  13. vto 13

    what standard is that mr logix?

  14. RedLogix 14

    vto,

    You know perfectly well that when a Party hides it’s real donors behind a Trust (a practise that this PC report roundly condemns as ‘no longer acceptable’) the effect is to hide it’s real donors and the exact monies involved. This is exactly the same offense you are all crucifying Peter’s for.

  15. randal 15

    well I must say that Winnie and Condoleeza Rice have done a lot of good work on the free trade agreement. He seems to be a natural for the job?

  16. vto 16

    no it is not the same ‘offense’ at all mr logix. I crucify Peters for his deceit and lies. He has the Spencer Trust – all well and good and permitted under the laws of the time. But he lied to an effective court (according to many) which is perjury.

    This is a completely different issue from usiong trusts for accepting donations. And you know that perfectly well.

    fyi i think bring on open book donations. it is curious why labour didnt do exactly that in the efa – why not i wonder

  17. RedLogix 17

    The only purpose of the Trusts was to hide the real donors and real monies involved.

    Anyone with the slightest sense of ethics understands that they were always wrong and were NEVER ‘well and good’. The law at the time required political parties to declare all donations and politicians to declare all pecuniary interests. The law did NOT permit them; the Trusts were merely an immoral, deceitful loophole to defeat the purpose and intent of the law.

    By using them National has been lying to us all for years.

  18. vto 18

    And labour Mr Logix.

    Anyway what I find most interesting is the left’s standard on whether people are suitable for governing, most neatly epxressed by Mr Pierson this morning where he said:

    “But politics is the art of the possible, if letting him (Winston) keep his warrent bt removing his portfolios lets important legislation like meal breaks/breast feeding, waste minimisation, and the ETS pass then it’s an unfortunate price to pay.”

    So why the beat-up on Key and his share dealings (if they are naughty) if this is the accepted standard?

  19. RedLogix 19

    vto

    Although National declared it’s Trust donations, we all know that they were merely a device to hide the real donors, whom various National Party office holders have conspicuously failed to “make an honest attempt’ to discover and declare. Merely declaring a sum from a Trust is an empty gesture amounting to a lie by ommission.

    National’s failure to declare its real donors is exactly the same thing everyone is crucifying Peters for.

    If you want to condemn Peters and Labour… you have to equally repudiate National for it’s use of Trusts to hide it’s real donors involving hugely greater sums, and Key in particular for his spectacular and venal failure to observe some absolutely basic standards regarding conflict of interest.

    You simply cannot have it both ways.

  20. gobsmacked 20

    John Key yesterday:

    “Well no one’s ever asked me the number I owned. I’ve always declared I owned the shares. I have owned them and I sold them on the date I said”.

    John Key today:

    “I never personally owned shares in Tranzrail. My family trust did”.

    Sounds like Key owned the shares the same way Peters received a donation. Lawyers and pedants say they didn’t, everyone else says they did.

    (and I categorically deny saying what I just said, because actually I typed it, so there … what a fun game this is!).

  21. vto 21

    Hey RedLogix, I don’t want it both ways.

    Re the use of trusts – all parties have been doing it and while it may defeat the intent of the electoral law at the time it was still not illegal. So while I agree the ethics are questionable it still complies with the law. So change the law – you fullas are the govt after all.

    This is very very different from Peters and Labour’s use of such a perjurer.

    Re Key’s share dealings – there aint no decent info out in the public arena to answer completely yet. But if he has been deceitful then the same standards should apply…

    … Labour’s standards, as expressed by Pierson this morning “But politics is the art of the possible, if letting him (Winston) keep his warrent bt removing his portfolios lets important legislation like meal breaks/breast feeding, waste minimisation, and the ETS pass then it’s an unfortunate price to pay.’

    So quite frankly I consider your assessment to have come up short. Mixing issues and standards.

  22. Matthew Pilott 22

    GS – got links for those quotes (esp 1st one?)

  23. NeillR 23

    Redlogix, as i understand it the “honest attempt” relates to the donation itself, not the source. NZ First has failed to declare any donations.
    Had they done so they would have simply been guilty of hypocrisy and we could have all moved on. Now Winston has been shown to have been involved in a deceit, which is entirely different – certainly much different from the trusts that both National AND Labour use.

    [NeilR. show me what trusts Labour used. There’s nothing in the declarations, unlike National’s declarations, which show millions coming from secret trusts. SP]

  24. gobsmacked 24

    Matthew

    The first is TVNZ yesterday, the seond is Scoop this morning.

    (the Standard’s moderation won’t let me do links, which is a pain)

    [lprent: The spam trap doesn’t like raw links copied and pasted from the address bar. It is a lot happier with real links eg you write :-
    <a href=’url’>title</a>
    Where url is the address bar address, and title is some human readable text.

    If you could see what the spam trap deals with, you’d understand completely why it deals with raw links. I just killed one in the spam trap that had 50+ raw links in it. It kills hundreds a day]

  25. lprent 25

    certainly much different from the trusts that both National AND Labour use.

    The word there should have been used not use. The particularly obnoxious use of consolidating anonymous donations in a trust is now illegal under the EFA.

    Since 1993 when they were made legal by the then National government they have mainly been used by National and Act. Labour is 3rd on the list and not even in the same order.

    I’ll be glad when we finally get rid of any anonymous donations in politics.

  26. r0b 26

    I’ll be glad when we finally get rid of any anonymous donations in politics.

    Ditto. And I’ll be glad when all parties make their audited accounts publicly available, as the Labour Party does currently (the only party to do so).

  27. Pat 27

    You can view the Share trade transactions and a letter from John Keys sharebroker on the National Party website.

    That’s the sort of prompt disclosure we need from our politicians. Well done.

  28. Matthew Pilott 28

    Prompt? If it were July, perhaps… or maybe 2003, when he was buying and selling them at a profit.

Recent Comments

Recent Posts

  • NZ announces a third P-3 deployment in support of UN sanctions
    The Government has deployed a Royal New Zealand Air Force P-3K2 Orion (P-3) maritime patrol aircraft to support the implementation of United Nations Security Council (UNSC) resolutions imposing sanctions against North Korea, announced Minister of Foreign Affairs Winston Peters and Minister of Defence Ron Mark. “New Zealand has long supported ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Pacific trade and development agreement a reality
    Pacific regional trade and development agreement PACER Plus will enter into force in 60 days now that the required eight countries have ratified it. Trade and Export Growth Minister David Parker welcomed the announcement that the Cook Islands is the eighth nation to ratify this landmark agreement. “The agreement represents ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Securing a pipeline of teachers
    The Government is changing its approach to teacher recruitment as COVID-19 travel restrictions continue, by boosting a range of initiatives to get more Kiwis into teaching. “When we came into Government, we were faced with a teacher supply crisis,” Education Minister Chris Hipkins said. “Over the past three years, we ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Border exceptions for a small number of international students with visas
    The Government has established a new category that will allow 250 international PhD and postgraduate students to enter New Zealand and continue their studies, in the latest set of border exceptions. “The health, safety and wellbeing of people in New Zealand remains the Government’s top priority. Tight border restrictions remain ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • First COVID-19 vaccine purchase agreement signed
    The Government has signed an agreement to purchase 1.5 million COVID-19 vaccines – enough for 750,000 people – from Pfizer and BioNTech, subject to the vaccine successfully completing all clinical trials and passing regulatory approvals in New Zealand, say Research, Science and Innovation Minister Megan Woods and Health Minister Chris Hipkins. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • International statement – End-to-end encryption and public safety
    We, the undersigned, support strong encryption, which plays a crucial role in protecting personal data, privacy, intellectual property, trade secrets and cyber security.  It also serves a vital purpose in repressive states to protect journalists, human rights defenders and other vulnerable people, as stated in the 2017 resolution of the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Ministry of Defence Biodefence Assessment released
    The Ministry of Defence has today released a Defence Assessment examining Defence’s role across the spectrum of biological hazards and threats facing New Zealand. Biodefence: Preparing for a New Era of Biological Hazards and Threats looks at how the NZDF supports other agencies’ biodefence activities, and considers the context of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Approaches to Economic Challenges: Confronting Planetary Emergencies: OECD 9 October 2020
    New Approaches to Economic Challenges: Confronting Planetary Emergencies: OECD 9 October 2020 Hon David Parker’s response following Thomas Piketty and Esther Duflo. Good morning, good afternoon, and good evening, wherever in the world you might be. I first acknowledge the excellent thought provoking speeches of Thomas Piketty and Esther ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Kaipara Moana restoration takes next step
    A Memorandum of Understanding has been signed today at Waihāua Marae between the Crown, local iwi and councils to protect, restore and enhance the mauri of Kaipara Moana in Northland. Environment Minister David Parker signed the document on behalf of the Crown along with representatives from Ngā Maunga Whakahī, Ngāti ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand and Uruguay unite on reducing livestock production emissions
    Agriculture Minister Damien O’Connor and Uruguayan Minister of Livestock, Agriculture and Fisheries Carlos María Uriarte have welcomed the launch of a three-year project that will underpin sustainable livestock production in Uruguay, Argentina, and Costa Rica.  The project called ‘Innovation for pasture management’ is led by Uruguay’s National Institute of Agricultural ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • 3100 jobs created through marae upgrades
    Hundreds of marae throughout the country will be upgraded through investments from the Provincial Growth Fund’s refocused post COVID-19 funding to create jobs and put money into the pockets of local tradespeople and businesses, Regional Economic Development Minister Shane Jones and Māori Development Minister Nanaia Mahuta have announced. “A total ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Health volunteers recognised in annual awards
    Health Minister Chris Hipkins has announced 9 teams and 14 individuals are the recipients of this year’s Minister of Health Volunteer Awards.  “The health volunteer awards celebrate and recognise the thousands of dedicated health sector volunteers who give many hours of their time to help other New Zealanders,” Mr Hipkins ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Community COVID-19 Fund supports Pacific recovery
    The Minister for Pacific Peoples, Aupito William Sio says a total of 264 groups and individuals have successfully applied for the Pacific Aotearoa Community COVID-19 Recovery Fund, that will support Pacific communities drive their own COVID-19 recovery strategies, initiatives, and actions. “I am keen to see this Fund support Pacific ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Community benefits from Māori apprenticeships
    Up to 50 Māori apprentices in Wellington will receive paid training to build houses for their local communities, thanks to a $2.75 million investment from the Māori Trades and Training Fund, announced Employment Minister Willie Jackson today. “This funding will enable Ngāti Toa Rangatira Incorporated to provide its Ngā Kaimahi ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Training fund supports Māori jobseekers
    Rapidly growing sectors will benefit from a $990,000 Māori Trades and Training Fund investment which will see Wellington jobseekers supported into work, announced Employment Minister Willie Jackson today. “This funding will enable Sapphire Consultants Ltd. to help up to 45 Māori jobseekers into paid training initiatives over two years through ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Ruakura Inland Port development vital infrastructure for Waikato
    The Government is investing $40 million to develop an inland port at Ruakura which will become a freight super-hub and a future business, research and residential development for the Waikato, Urban Development and Transport Minister Phil Twyford, and Māori Development Minister Nanaia Mahuta announced today. The funding has been has ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Appointments made to Defence Expert Review Group
    Defence Minister Ron Mark announced today the establishment of an Expert Review Group to review a number of aspects of the New Zealand Defence Force’s (NZDF) structure, information management and record-keeping processes.  The Expert Review Group’s work arises out of the first recommendation from the Report of the Government’s Inquiry ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • No active community cases of COVID-19
    There are no active community cases of COVID-19 remaining in the country after the last people from the recent outbreak have recovered from the virus, Health Minister Chris Hipkins said today. “This is a big milestone. New Zealanders have once again through their collective actions squashed the virus. The systems ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Clean energy upgrade for more public buildings
    More public buildings will be supported by the Government to upgrade to run on clean energy, the Minister for Climate Change James Shaw announced today. Minister Shaw announced that Lincoln and Auckland universities will receive support through the Clean-Powered Public Service Fund to replace fossil fuel boilers. Southern, Taranaki, and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Schools back donations scheme for the second year
    More schools have opted in to the donations scheme for 2021, compared to 2020 when the scheme was introduced. “The families of more than 447,000 students will be better off next year, with 94% of eligible schools and kura opting into the scheme,” Education Minister Chris Hipkins said. “This is ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Ruapehu cycle trails gets PGF boost
    The spectacular Mountains to Sea cycle trail in Ruapehu District will receive $4.6 million in funding from the Provincial Growth Fund for two additional trails, Regional Economic Development Minister Shane Jones announced today. “This is an exciting development for the local community, and one that will provide significant economic opportunities ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Update to air border order strengthens crew requirements
    Additional measures coming into effect on Monday will boost our defence against COVID-19 entering New Zealand through the air border, Health Minister Chris Hipkins said today. “As part of our precautionary approach and strategy of constant review, we’re tightening the requirements around international aircrew,” Chris Hipkins said. The COVID-19 Public ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • A true picture of Māori business activity
    A better picture of the contribution Māori businesses make to the economy will be possible with changes to the way information is collected about companies and trading enterprises. Māori Development Minister Nanaia Mahuta and Small Business Minister Stuart Nash have announced a new option for Māori enterprises who are part ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • PGF funding for Taranaki projects
    The South Taranaki museum, a New Plymouth distillery and a Pasifika building firm will benefit from a Government investment totalling more than $1 million, Regional Economic Development Minister Shane Jones says. The $1.05m in grants and loans from the Provincial Growth Fund (PGF) will help the recipients expand and create ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Fijian Language Week 2020 inspires courage and strength during COVID-19 pandemic
    The Minister for Pacific Peoples, Aupito William Sio says the theme for the 2020 Fijian Language Week reflects the strong belief by Fijians that their language and culture inspires courage and strength that is strongly needed in times of emergencies, or through a significant challenge like the global COVID-19 pandemic ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Trades training builds on iwi aspirations
    An investment of $2.025 million from the Māori Trades and Training Fund will support Māori to learn new skills while making a positive difference for their communities, announced Employment Minister Willie Jackson today. “K3 Development Limited Partnership will receive $2,025,000 for its Takitimu Tuanui apprenticeship programme, which will support the ...
    BeehiveBy beehive.govt.nz
    3 weeks ago