Cactus Kate points out that after the weekend, the central plank of the government’s election platform has been taken away—because after the Winston First/Greens/Labour promise to renationalise Might River Power as soon as they get into power, no-one in their right mind will want to buy these shares. “The political risk is now entirely stupid.”
But now that they’ve scuppered the half-arsed privatisation, the axis of thieves should come clean, she says, and explain how they’re going to go about their other flagship promises, which at the moment are just vague and undefined.
1. Foreign ownership of farm land. We know they are going to stop it so tell us how…
2. Foreign ownership of residential property. We know they are going to stop those evil Mainlanders from buying New Zealand homes, tell us how…
3. Exchange rate policy. We know they say the NZD is overvalued, so what are they going to do about it? Print more money? How much? …
4. Regulating banking. Profits, interest rates, LVR's. Capital gains on housing, land, land taxes etc...
5. Milk and cheese are out of the price range of many families. Will they regulate the price of that? How about vegetables? How about petrol and diesel and fast food?
They started with stuffing Mighty River Power. Now, by the logic of this and their subsequent pronouncements, they have a lot more to explain.
And our political journalists should be asking them for details.
1 comment:
There are political journalists in New Zealand?
Independently incisive ones that ask every single politician they interview the fundamental questions as to why anyone should believe them or think they have the intellectual or moral credibility to make decisions for others?
I've seen nary any evidence of this.
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