Firewalls up in smoke

David Cameron’s defence of embattled Culture Secretary Jeremy Hunt has been called a “firewall” that’s failing to hold.

Cameron needs Hunt to stay or else Cameron is the next to go. It is the same for John Key.

As the stench of corruption around John Banks grows, he desperately needs him to stay or else all he loses legitimacy for asset sales and potentially his majority on the issue as well.

ImperatorFish: A Statement By John Banks

Scott at Imperator Fish has kindly given us permission to syndicate posts from his blog – the original of this post is here.

On Sunday morning I made it clear to Paul Holmes on TVNZ’s Q&A current affairs show that I didn’t come up the river on a cabbage boat. I am aware that a number of my enemies are trying to catch me out, so in order to “front-foot” this matter I am making the following statement…

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.

Banks has got to go

Key should go because of his dirty deal with SkyCity. Joyce too. Collins should go over the ACC leaks. Brownlee for sheer incompetence. English for shit-eating grin every time he fails to meet his own growth forecasts and announces more cuts. Add Banks to the list. His position in now untenable. The accusations are serious and credible. His excuses and memory lapses implausible. He must at least be stood down.

Nats’ economic failures just another excuse for cuts

Didn’t take much clairvoyance to see that National would fail to meet its promise of a Budget surplus by 2014/15. You’ve never seen a Finance Minister have his forecasts cut so often and look so happy about it. His failure against his own artificial target gives him an excuse to cut. His party’s ineptness to blame but we pay. Students look to be his target this round.

Community Forum on State asset sales Sunday 29th

Gareth Morgan and Peter Harris will speak at a Community Forum on the sale of State-owned assets on Sunday 29th at 3:30pm at the Island Bay Bowling Club, 260 The Parade, Island Bay, Wellington. The forum is being organised by the Wellington South Branch of the Labour Party. All welcome.

Alastair Cameron Labour CoS

Alastair Cameron has been appointed Chief of Staff in David Shearer’s Parliamentary office. I’m delighted to hear it; we were on the New Zealand Council together when Alastair was a law student. Since then he’s started Labour’s successful Summer School, been a Fulbright scholar, practised law, and worked in Marian Hobbs’ office. He’s a very good choice.

Ask no questions

At the Finance Select Committee today, Maggie Barry told a submitter “You are not here to ask us questions, you are here to answer our questions.” The submitter’s question was reasonable; but it was addressed to closed minds. Todd McLay who chairs the committee on state asset sales referred to a number of the submissions as “emotional”. He was right. It was anger, and it won’t go away.

The reverse Midas touch: exchange rates

John Key likes to trade on his experience as a, well, trader. You know, he’s the deal maker. The one to steer us through tough economic times, to get our exports growing. He understands the markets and that knowledge will benefit New Zealand. But, how well has he really done? Let’s start this series close to home for Key: the exchange rate.

Who blew the Budget?

As part of the Nats’ pre-Budget framing, English’s mate Farrar is running graphs meant to show a blow-out in spending under Labour. Problem is, he hasn’t adjusted for GDP growth, or even inflation. How dumb does he think we are?

Murdo RIP

Long time Labour Party stalwart Murdo MacMillan’s funeral will be at St Peter’s Church on Friday 20th at 10am. Son of a seaman and ex-wharfie, rock-solid in his values, Murdo made a huge contribution behind the scenes to Labour’s successes over the best part of forty years.

Choices, choices: Golf, PM holidays, or paid parental leave?

Key is on another holiday trade mission to Indonesia, starting with a round of golf followed by a BBQ. While researching this, I learned something: You know how Key and Boag were both at the same golf tournament when the Nat Civil War blew open? Turns out you and I paid the $500K prize for that tournament. On an unrelated note, we definitely can’t afford to extend paid parental leave.

Nats need better excuses on billion dollar tax cut borrowing

As the Nats try to spin us into accepting another zero budget, focus is turning to 2 big holes that their policy decisions have created. First, the $1b+ a year spend on the low to negative value Roads of National (Party) Significance. Second, the $1b+ annual cost of the 2010 tax changes. That’s $2b+ that could be spent elsewhere, avoiding spending cuts without more borrowing.

Both sides of Joyce’s dirty deal bad for NZ

We know that giving SkyCity more pokie machines will mean more problem gamblers, more crime. The Right says it’s worth it for the convention centre. But the official numbers show that’s a dog and we would pay for it in the long-run. It’s not one side of this equation that is bad for New Zealand, it’s both.

Will the Greens lead the next government?

Two recent pieces in The Herald draw opposite conclusions from recent polls (one of them, alas, is drivel). Matt McCarten asks if National’s free fall, and the rise of the Greens, foreshadows a Green led government in 2014…

Cunliffe on DIRA

Against the will of the Fonterra farmer Shareholder’s Association, National is trying to destroy Fonterra’s cooperative model on vague grounds about access to capital. The end result will be the one world-leading, world-scale company we have, which brings in 20% of our export earnings, will start sending it profits offshore. David Cunliffe makes the case passionately and eloquently.

Russian roulette with Collins

“Ms Collins strenuously denies hints by opposition parties that her office was involved in leaking Bronwyn Pullar’s information to the media. She says only herself, one staff member, chairman John Judge and ACC’s chief executive had the information”. Hmm. 4 people, at least 1 head to roll. Not hard to see where this going. Playing Russian roulette with Collins is where she pulls the trigger but aims the gun at you.

Key tries to save face over tea tapes

Throughout the teatapes affair Key has received special treatment. Huge police resources have been wasted. Today’s announcement of no charges is even timed for when Key is overseas. Key claims to be vindicated but no court has ruled Ambrose broke the law. The ruse of the warning and the letter of regret is clearly intended to allow Key to save face. Key literally asks us to “move on” but he must answer for the resources he had wasted and the chilling effect on the media of his strong arm tactics.

The real agenda at PoAL?

Keeping PoAL workers out makes no sense industrially.

It means the port’s taking a political and PR hit without even gaining some cleared containers.

But perhaps getting the port making money isn’t the endgame for this dispute…

I resign

I wish to tender my resignation as Chair of the Ports of Auckland Board. I took a profitable and efficient Port and lost it millions of dollars in contracts. I spent, inappropriately, substantial amounts of money on a public relations campaign against our staff that could have been spent reinvesting in the port or returning to Auckland Council. The financial position of the Port is in a dire decline. We wish

Next to go – Joyce or McCully?

Nick Smith is gone but you might have missed 2 other senior ministers on the ropes yesterday. Steven Joyce hasn’t bothered to do his homework, doesn’t know if his ‘mega-ministry’ will save money or cost more. Meanwhile, McCully’s shifting blame to the CEO he appointed for the Mfat mess while blowing $200K to give the ambassadors an earful in person over all the leaks.

The real questions

Why did Key express confidence in Smith after reading the 2nd letter that is the supposed reason for him going? Why did he really resign, what are they trying to distract us from? How did it happen that the woman who Smith resigned over also is the person who got the largest ACC leak in history? What deal did Smith get to stay in Parliament avoiding a risky by-election?