Know when to fold ’em

Key’s ditched  the surplus target that was so important a month ago –  yet another casualty on the way to the brighter future. The Queen may have asked him why he didn’t see European contagion coming. Shearer is right – Europe is an excuse for a government that has run out of ideas. Labour does have a fresh approach – we need to hear more.

Asset sales: What’s the rush?

The Asset Sales Bill will be back in Parliament for its second reading tomorrow.

It’s a further abrogation of due procress, as it comes back 5 weeks early, curtailing proper scrutiny.

Asset sales: still bad

Adding to the canon of reasons and commentators on why you don’t sell your assets (particularly to pay for your maintenance) is an […]

Greens Budget Alternative

The Greens launched their Budget alternative this morning. Titled “Smart Green Economics” it lived up to the billing.  Extra heft was provided by BERL economist Dr Ganesh Nana  paper arguing that the Government’s asset sales programme leaves the government accounts permanently worse off. It was also good to hear about opportunities and their alternatives. We’ve had enough of TINA.

Another MMP rort?

The media are doing a good job investigating John Banks’ donation history.  The Police are presumably also doing theirs, and it seems clear that the matter must end up in Court and the issue of who is telling the truth will be decided by a judge. Some in the media have dismissed the question of any threat to National’s majority. Short-term maybe, long-term I’m not so sure.

Policy for Money?

Party donations for the 2011 general election  will be published on Tuesday . One new provision in the Act provides for the declaration of the number of donations in two bands; $1500 to $5,000, and up to $15,000. It will be very interesting to see the number of upper level donations in National and ACT particularly. They could hide Banks-type split donations from asset-sale backers.

$100m for Lizards

John Key and Bill English couldn’t find $150million over four years for increased parental leave that would hugely benefit future children. Horrors – we would have to borrow! But they could find $100million straight away to pay international investment banks including Australian company Lazard’s to advise on asset sales that robs our children’s future and that  nobody else wants. It’s a matter of priorities – money gets money, kids get nothing.

Private Welfare to Work – how well does that work?

The government has introduced their welfare changes to parliament. In addition to making mums of 1 year-olds seek paid work in addition to raising children, it introduces private companies profiting from unemployment misery with welfare to work schemes. The UK has been trying this for a couple of years – let’s look at how that’s going…

“Largely symbolic”

According to TVNZ, the Prime Minister said section nine of the SOE legislation, referring to the Treaty of Waitangi,  was “largely symbolic” because it had not been enacted since it was drawn up in 1986. It wasn’t a felicitous phrase; he might well find Maoridom’s response is both symbolic and large, if not in the sense he meant.