Dear prudence – where have you gone?
So John Key cynically cancelled your tax cuts in this year’s budget, which in 2010 would have only needed $98 million to fund, but he’s still happy to carry on spending your money at a rate that would make Michael Cullen envious.
Prudence, thy name is not John.
John Boy’s latest promise – which comes on top of the $300 million extra to insulate other people’s houses, $550 million on setting up an emissions trading scam, and a $4.3 billion increase in “core government spending”– oh, and $50 million for a bloody cycle path – is to spend at least $120 million of your money on a “party central” in downtown Auckland for the Rugby World Cup. To quote Bernard Darnton, that’s $120 million plus cock ups. On top of the $240million (plus cock ups) we’re spending on upgrading Eden Park, it’s beginning to make me wish that Australia had got the Rugby World Cup instead.
The Herald reports this sum is to be divided around 20-80 between taxpayers and long-suffering Auckland city ratepayers, who are already on the hook for $60 million of feel-good Rugby World Cup nonsense, and for interest payment on a $270 million loan taken out by the council because it couldn’t be bothered to cut its spending.
And John Key calls this development “of national and international importance” – which rather begs the question, doesn’t it. In fact, three questions. Important to whom. How does he know? And if it’s so gosh-darned important to them, then why don’t they pay for it themselves instead of sending us the bill.
Here’s the Beatles: