Treachery

Fran O’Sullivan is an enemy of the people. Her article in this morning’s Herald will forever brand her as a traitor to this country. She will be shunned and reviled by people who understand what a disgusting sell-out she has become. There is no coming back from this.

The Crafar decision is a victory for economic rationalism over blind xenophobic nationalism. Long may the former reign.

Xenophobic being used here as a fancy code word for ‘racist’. Well she’s just branded some 80% or more of New Zealanders as racists. Personally I have two close members of my family who are of Asian descent. The mother of my oldest and closest friend is Chinese; several good and excellent colleauges whom I work with on a daily basis are Chinese. Pull that r-word on me and I spit in your face Fran. Yes I’m angry at your venal, offensive smear. You’ve pulled no punches Fran; neither am I.

As for ‘economic rationalism’ … risible nonsense. The Shanghai Pengxin Group is paying at least 15% more than any other bidder thinks the farms are worth not so much for economic reasons, but because they have non-economic strategic reasons in mind as well. A closely related Herald editorial goes on in the same vein:

The day is past when state ownership is thought capable of finding their most efficient use. These days a free market is considered better at ensuring resources pass into the hands of those who will extract most value from them. The question that must be asked about the Crafar farms sale is whether the purchaser is a state agency or a market participant.

Sub-cretinous drivel. Where the hell was the precious ‘free market’ when all these magically efficient the private sector business’ collapsed the world economy in this last three years? And then dumped the costs onto taxpayers all over the world at metaphorical gunpoint?

And then knowing that the link between Shanghai Pengxin and the CCP controlled totalitarian, non-democratic Chinese state is political dynamite goes on to try and minimise it by pretending they doesn’t know how tightly interwoven the state and the business sector are in that country.

But it is clearly a price the Shanghai Pengxin chairman is willing to pay to get a toe-hold in New Zealand as the first step towards expanding his footprint in the Kiwi dairy industry.

In other words this sale is just the start of a wider process of colonisation of our dairy industry by the Chinese. Great news Kiwi farmers…did you vote for this? Certainly not the two I’ve spoken to in the last three weeks. (One of them used the word ‘gutted’… )

The approval for the Chinese bid by John Key’s government is a welcome sign that he intends to hit his stride in his second term and make the most of the economic opportunities that are available to New Zealand.

So far the ONLY visible economic strategy from John Key’s government is to sell off assets. The vast majority of National Party supporters know that this is mad. Farmers know it’s wrong, business people know it’s wrong… that as a nation our most persistent economic weakness is that too much of our productive business assets are already owned overseas. Most of our banks were lost decades ago and we export about 10% of our GDP as profit to overseas owners each and every year…and something in the order of 10% of our productive farmland has been already been lost to overseas owners. This continued loss of economic sovereignty is madness…yet Key’s government chooses to accelerate this process and undermine this nation further. Treachery.

John Key explicitly campaigned this last election on seeing this alarming trend of “New Zealanders becoming tenants in their own country”… and immediately after the election he not only approves this highly visible, contentious and now very symbolic transaction… he lends his approval to an aceleration of this land sale process. Anyone now doubt what Key is and more importantly WHY he left a very well paid, highly influential job in the merchant banking industry back in 2000 to become a very lowly back-bench MP for a party that had been firmly booted from power just a year before?

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