National’s Rodeo.

Written By: - Date published: 12:21 pm, July 15th, 2016 - 23 comments
Categories: assets, christchurch earthquake, economy, Economy, Financial markets, im/migration, infrastructure, national, overseas investment, privatisation, Privatisation - Tags:

The fiction that National is doing a competent job of managing the economy is entirely due, now that the boom from Dairy and Christchurch rebuilding is ending, to immigration and rising house prices.

They are now riding a bolting horse that they cannot dismount, caused by their own inaction.

Restrictions on immigration, and/or house prices will expose their house of cards for what it is. As well as losing all those who are voting National, so they can continue to speculate on tax free housing gains.
Also many more National voters are exposed to the housing market in Auckland, than any other party, but the Greens. The National swing voters who vote for their back pocket will leave en-mass if National does anything to reduce house prices. Green voters will stay with the Greens on principle.

All they can do is kick it down the road, so they can get in next year, (to continue the asset thefts and privatisation of infrastructure their overseas corporate backers pay them for). Hoping that Labour will get blamed for it all, at the inevitable end of Nationals turn in Dictatorship, in 2020.

23 comments on “National’s Rodeo. ”

  • Comments are now closed

  1. leftie 1
    15 July 2016 at 1:07 pm

    I know there are those that like to put out that meme, but personally, I don’t think National will last that long, and be in power til 2020, unless you think dirty player John key can get away with rigging the election again next year, that is? 2017 the Nats and their cohorts are gone.

    • leftie 1.1
      15 July 2016 at 1:27 pm

      To add… Can all those thousands of homeless Kiwis still vote? What’s the point of voting then when a corrupt, devious National government and the wealth of the top percenters here and offshore rig the system against the majority anyway? So why bother, we have lost the fight already. We all might as well just give up.

    • James 1.2
      15 July 2016 at 1:40 pm

      Three terms already. It’s not like they weren’t lying, thieving filth in the first two.

    • mike 1.3
      15 July 2016 at 2:14 pm

      Good onya leftie.
      I desperately hope your prediction’s accurate.

    • Bearded Git 1.4
      15 July 2016 at 2:16 pm

      Hooton let the cat out of the bag on Monday when he said the latest (secret) UMR poll showed the Lab/Gr Bloc on 44% and the Nats on 42%.

      Key is looking increasingly desperate. Joyce has blown a gasket. Key/Joyce/English/Bennett/Smith don’t seem to be communicating between themselves nor with the public.

  2. Greg 2
    15 July 2016 at 1:53 pm

    Hamlet…

    here’s letters seal’d, and my two schoolfellows,
    Whom I will trust as I will adders fang’d—
    They bear the mandate, they must sweep my way
    And marshal me to knavery. Let it work;
    For ’tis the sport to have the enginer
    Hoist with his own petard, an’t shall go hard
    But I will delve one yard below their mines
    And blow them at the moon.

    =National party policy 2016…

  3. mac1 3
    15 July 2016 at 4:06 pm

    “They are now riding a bolting horse that they cannot dismount, caused by their own inaction.”

    National is bucked?

  4. b waghorn 4
    15 July 2016 at 4:23 pm

    looking forward to lab/green at 51 ,

  5. Fustercluck 5
    15 July 2016 at 5:40 pm

    Not too far before NZ First’s role as kingmaker vanishes!

  6. Jack Ramaka 6
    15 July 2016 at 6:40 pm

    Hopefully the “missing million voters” will get off the couch or the back seat of their cars and vote at the next election. It suits John Key and the 1% percenters for them not to actually vote?

  7. NZJester 7
    16 July 2016 at 1:56 am

    Nationl governments have always been mismanagers of our economy always running us into debt and leaving it to Labour Governments to pay it off. One of Nationals biggest lies was the one they told when they came into power. They claimed they inherited a country in bad financial shape as the treasury was quite empty and so needed to borrow money to pay for things.
    What they actually inherited was a country with it debts paid off and a good tax income and extra cash flow from SOEs. Plenty of money due to come in that would easily pay for everything.
    They screwed all that up by giving all their rich backers a tax cut we could not afford and set about flogging off any of our assets that they could.
    They claimed they would put more cops on the beat. Instead, there are less these days due to them underfunding the police.

  8. Ad 8
    16 July 2016 at 8:43 pm

    It’s not just the NGOs and the left who see the risks to this country.

    Fran O’Sullivan reports very similar messages going straight from the ultra-rich to Key, saying that “it should shatter his complacency – if hallowed himself to hear it.

    Jennings has confronted the business elite the New Zealand Institute with some unpalatable truths: rising house prices and immigration-fuelled economic growth are masking an underlying “iceberg that lies ahead”.

    “We are sleepwalking into an economically ugly place,” he warns. “How can we look at ourselves in the mirror and say how can we live with having one of the most unequal education systems in the Western world – and even if you are very selfish you better say to yourself that is not sustainable.

    “Those chickens are going to come home to roost.”

    As Fran O’Sullivan says: “Powerful stuff”.

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11675391

  9. Ad 9
    16 July 2016 at 8:47 pm

    The risks this government is putting us in are no longer the preserve of the NGOs and the left. Super-rich Stephen Jennings said very similar things at the New Zealand Institute recently, and Fran O’Sullivan caught it:

    “It should shatter the complacency of the Prime Minister – if he allows himself to hear it.”

    Jennings has confronted the business elite with some unpalatable truths: rising house prices and immigration-fuelled economic growth are masking an underlying “iceberg that lies ahead”.

    “We are sleepwalking into an economically ugly place,” he warns. “How can we look at ourselves in the mirror and say how can we live with having one of the most unequal education systems in the Western world – and even if you are very selfish you better say to yourself that is not sustainable.

    “Those chickens are going to come home to roost.”

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11675391

    Powerful stuff.

    • Pat 9.1
      16 July 2016 at 9:05 pm

      lol…O’Sullivan has been one of this admins biggest cheerleaders….has someone finally explained basic economics to her?

  10. Graham Townsend 10
    19 July 2016 at 8:29 am

    National (and Labour too to some extent) have utterly failed to understand the changing nature of the realities we face. Up till now we’ve been able to fantasise about endless economic growth – the physical resources upon which that growth is based (strategic minerals, fish stocks, arable land, potable water, cheap energy and a benign climate) seemed unlimited and were taken for granted. So we’ve built our economy on that assumption, and borrowed a lot of money (personally and nationally) from the merchant bankers. But a few people are starting to realise that given finite global resources, the global economy is basically a massive ponzi scheme based on the myth of everlasting growth; and that even if we rein in the tax dodgers and other parasites, the future lies in a smaller economy with less disposable income for many of us. Maybe we’ll be happier that way.

The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.