Two great columns

15 comments on “Two great columns ”

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1. dave brown 1

   4 June 2011 at 5:12 pm

   I would say they don’t need any access, since our Ministers are all bosses with a massive stake in NZ Inc. These so-called lobbyists are dogs bodies, and go betweens not heavy hitters. The NACT pollies are proving Marx’ point that the state is a committee (cabinet) of the ruling class. They move between the boardroom and cabinet without so much as a vote. In fact David Kirk thinks that the Cabinet is one big boardroom. While he thinks that FPP serves cabinet best because it has a clear mandate for ‘reform’, I think he’s missing a big point which is that the right are ideologically a minority and its helps to parachute rightists into parliament cause they generally won’t get voted in. That’s the main reason I think the anti-MMP faction of the bosses won’t overturn MMP. Big bossiness is happy to manipulate MMP cause they can second a Rodney or a Don or a Steven into cabinet for an innings or two when they run out of true blue seats in the shires.
2. Draco T Bastard 2

   4 June 2011 at 5:47 pm

   Definitely need more rules about who our politicians are meeting and why.

   As for Treasury? They need to be ignored until they find their way back to reality.
3. Puddleglum 3

   4 June 2011 at 6:15 pm

   “Bucking convention, John Key is now seeking a mandate for a second-term agenda which is radical and transparent.”

   Armstrong gets it. Key (and his backers) are following the oldest – because most unexpected – burglary tactic out: Walk calmly, and in full daylight, through the front door, whistling and offering a cheery smile to passersby. Look like you’re harmless. That is the very last approach to theft people expect. (Of course, ‘hiding in plain sight’ is still hiding, given the political context.)

   The ridiculous comments to the effect that Key is ‘Mr Moderate’ and his government is centrist are just that – ridiculous.

   Perhaps the most galling aspect of this tactic is that, once the pillage is done (though, in reality it is never finished) Key can simply say, ‘Well, I told you what we’d do. You had fair warning.’ And I’m afraid that, even then, many New Zealanders will respond “you’re right John – you were being honest with us all along, It’s our fault that we now don’t like this stuff. We just didn’t understand. It’s not your fault – you’re a great guy John!”

   And off he then heads to smile his way to some even greater project of deception elsewhere …
4. Jan 4

   5 June 2011 at 12:16 am

   The policy paper on which some of this thinking (In John Armstrong;s article) is based is the
   2010 Investment Statement of the Government of New Zealand Hon Bill English, Minister of Finance 14 December 2010 http://www.treasury.govt.nz/budget/2010/is/is10.pdf which claims that the value of government assets have increased fourfold in 15 years.

   “the value of the Government’s assets now more than four times the size it was in the mid-1990s (sic) and now more than double the size of borrowings and liabilities (SIC). This has led to significant growth in the Crown’s net worth from around zero (sic) in the mid-1990s to around $95 billion in 2010 (50% of Gross Domestic Product [GDP]).”

   (I thought assets and GDP were measures of different kinds – stock rather than flow – but never mind) By any objective measure the paper is misleading (conflating GDP and assets as well as comparing earning assets such as the power companies with social assets such as schools and hospitals ( if it is not arrant economic nonsense – and I am not equipped to judge) It claims that ‘greater transparency” in making investment decisions is required by understanding the value of government assets. One would have thought that investment decisions might be made by looking at the value provided by public services (rather than the value of teh underlying asset) – after all a road is a road, a hospital is a hospital and a pylon a pylon whether you ascribe them a low or a high value. Valuation of assets however does make a lot of sense however if you are aiming to divest them

   I think the document is the precursor of the budget and is intended to provide the ‘intellectual’ validation of the set of budget policies related to the $5- $7bn of proposed public asset sales whose proceeds are already banked against proposed “social spending” as well as future asset sales and public private partnerships . I wish I had seen somewhere an analysis of it somewhere and Armstrong’s article is the first that has really explained this train of thought and its likely consequences in such clear terms. Hurrah for the MSM six months after the fact! 😉
5. Colonial Viper 5

   5 June 2011 at 1:04 am

   Yeah its high time that Treasury was broken up and sold.

   Not sure who would buy them though as they are a complete money losing liability, and private investors are only looking for worthwhile public assets to take over.
6. Chris 6

   5 June 2011 at 8:37 am

   Maybe people just aren’t as against asset sales as labour thinks? Since we all know anecdotal evidence is the best everyone I’ve spoken too who is still planning on voting national don’t care about them. I wouldve thought by now everyone knows that is what they are planning yet there doesn’t seem to be any backlash about it no matter how hard labour try
   • bbfloyd 6.1

     5 June 2011 at 10:39 am

     so what your saying is that the morons are in control now? you seem to be “relaxed” about that. does that make you one of them?

     heartbreaking to think that there is still a significant number of people who can’t, or won’t exercise any kind of intellectual vigour when considering the ramifications of asset sales.

     being smug about that demeans you.
   • felix 6.2

     5 June 2011 at 7:40 pm

     I think the results of surveys taken on the subject of asset sales which show an overwhelming disapproval by kiwis tend to outweigh your anecdote. I’m old fashioned like that.
     • Chris 6.2.1

       5 June 2011 at 8:18 pm

       There is a large difference between disapproving about something And caring enough about something to change your vote about it.

       Not sure why it is moronic to disagree with how you think assets should be utilized. My opinion is that they aren’t particularly well run now so don’t see why they would change that much with privatization. Or that the government would get that much better return on holding them.

       I don’t disagree that there is a good chance I could be wrong but that doesn’t make me a moron.
       • felix 6.2.1.1

         5 June 2011 at 9:19 pm

         Did I call you a moron?
         • Chris 6.2.1.1.1

           5 June 2011 at 11:20 pm

           Haha Na sorry only the first part was talking to you. The part about the moron was to bbfloyd
           • felix 6.2.1.1.1.1

             6 June 2011 at 5:47 am

             Oh good, I thought I’d been insulting people in my sleep again.
7. Afewknowthetruth 7

   5 June 2011 at 11:45 am

   The game now is the same as it has been since the first colonists arrived: extract as much wealth as possible and keep the general populace from realising what the real game is.

   International bankers have been in control of NZ society (and governments) since the 1800s, particularly since the Maori Wars were won. That state of affairs is unlikely to change in the near future.
   • Jum 7.1

     5 June 2011 at 6:46 pm

     I guess I expected more of Kiwis. I’m sorry to hear that’s not so.
8. randal 8

   5 June 2011 at 3:25 pm

   you on it dude. keep up the good work.

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