Written By: James Henderson - Date published: 6:57 am, July 26th, 2012 - 26 comments
John Key’s grasp of his own asset sales policy is being revealed to be shakier by the day. He doesn’t know how it would hurt the government books. He flips his position on water rights each day. He doesn’t know how much a looters’ bonus of free shares would cost. And, yesterday, he didn’t even realise that $56m is budgeted to cover sharebrokers’ fees for the looters.
Written By: James Henderson - Date published: 6:45 am, July 24th, 2012 - 86 comments
John Key doesn’t want to go ahead with plain packaging of cigarettes. The cancer sellers would sue. It could cost a few million to beat them in the international courts (me, I would just create a law of corporate homicide and nationalise their NZ assets). Key baulks at the cost, the risk. But something in the hundreds of millions for free shares to looters? Key reckons that’s a great investment.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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