It’s all in the “but,” isn’t it. And as ratepayers and taxpayers can probably already guess, it’s a “but” begetting an effusion of cronyism:
Considering the big numbers already being thrown around – the difference between the budgeted cost for the convention centre of $402 million and the now-projected cost of $530 million plus cockups – and the “what, me worry” mien of SkyCity managing muppet Nigel Morrison (“Morrison told financial analysts SkyCity was unwilling to contribute more than $10 million to the gap without compensation for his shareholders, and floated the possibility of financial support from central or local government”) it looks like the PM’s “but” will be a “but” that hurts many butts, an arse-reaming justified on the basis of some putative visual unpleasantness.
In other words, taxpayers and ratepayers are being made ready to assume the position so that a private business can look after a bottom line – privatising its profits while quietly socialising its overruns.
Yes, Virginia, this is what cronyism looks like.