So with Annette Presley gone, who is the Face of Theft for this latest raid on Telecom? David Farrar, who's lapping up this Cabinet-level sortie into the nation's boardrooms? David Cunliffe, the smug bastard holding the gun? Or all 119 MPs who on the back of a Select Committee recommendation to "split" Telecom today have signalled they will vote to further dismember the private property of Telecom shareholders, confirming the loss of one-third of Telecom's value in just six months.
This is an outrageous assault on private property rights.
Says the report of the Finance & Expenditure Select Committee in recommending this change: "There are many precedents for this type of regulatory action..."
Yes, there are. In Venezuela.
LINKS: 3-way split for Telecom recommended - NBR
ACT: The only party to support property rights - Scoop
Annette Presley: The face of theft - Not PC (May, 2006)
RELATED: Telecom, Property_Rights,Politics-NZ