Fletcher-Key meetings: networks of influence

There were a number of meetings between Key and Ian Fletcher prior to Fletcher’s appointment as GCSB boss.  Key tried to cover up his cronyism, and preoccupation with undemocratic shifts in the government’s control of the GCSB, and its focus on intellectual property & commerce.

Random thoughts on NZ Power

I’m not surprised that the finance crew are so upset about the gently social democratic policy that is NZ Power (the latest stupid claim is that it’ll mean higher mortgages). But what is surprising is the way in which they’ve made it very clear that they believe the economy should be geared toward the wealthy elite

Axe-grinders of the world unite…

Brokers and analysts, you’ve nothing to lose but your fees. (although there’s already been $200million from the taxpayer). Now Steven Joyce has turned to the axe-grinders for support. There couldn’t be a clearer indication that Joyce and National are on the side of investors with money to burn, while Labour and the Greens with are on the side of the consumers who worry about turning on the heater.

Homes for all (1945)

The film, Housing in New Zealand (1945) on youtube, shows how the Public Works Department built state houses for all who needed them.  The authorities seemed Brit-defined, supply of resources & land seemed unlimited. But can we fulfill 21st century needs with similar political will?!

On the new spy laws

An Otago University academic and expert on computer security speaks out about the proposed new spy laws: “Surveilling the innocent – is that what we do to protect anyone or is that what we do in totalitarian society?”…

Loss of wealth? No, a redistribution of wealth

Eddie explored yesterday who stands to lose from falling asset values in electricity companies resulting from lower power prices. The answer: the Crown and foreign investors. Now, JBWere has estimated those book value losses at up tp $1.4b for Contact and Trustpower, meaning $4b all up. But, despite the cries from the Right, that doesn’t mean wealth is being lost, it’s moving.

Meanwhile, in the real world…

So, John Key, Bill English, and Steven Joyce are now devoting all their energy into trying to stop the asset sales programme collapsing after the Greens and Labour gave notice the excessive profits are going to end, and National confirmed they’re for real by suspending the sale. While the government’s wasting its effort on that, real families are suffering.

Power profits and the consumer

New Zealand’s energy pricing over the last twenty years was thoroughly canvassed by Dr Geoff Bertram last year in a paper presented to the Fabian Society as part of its “Light-handed Regulation” series.  In the light of the Labour/Greens’ announcement last week about NZ Power his paper is well worth a read.

12,000 posts

I just noticed that we passed 12,000 posts a few days ago. Appropriately, it was our stalwart, Anthony, who hit the mark with a post on Mini ‘W’. As always, it’s about the community. 12,000 posts from us would be just pissing in the wind without your 551,000 comments.

Space and density: Auckland Unitary Plan

The draft Auckland Unitary Plan is massive and complex.  The Auckland Transport Blog helps in untangling issues around intensification vs sprawl. The government & some right wing councillors want sprawl & to delay implementation.  The Akl Council website has some cool videos visualising the planned developments. And social housing?

An honest man?

John Key has promised live on television to never lie and to always do his best. Now, four-and-a-half years later we know that was his first lie, and it certainly wasn’t going to be his last. And these are only the ones we know about. In fact, as the litany of lies still spills from John Key, it must be asked: is the litany orchestrated? – BLiP’s extraordinary list of Key’s lies.

Nats still at panic-stations over NZ Power

Can there be a greater sign of the threat that National sees in NZ Power than the fact they have put out 5 press releases condemning it in 4 days? I bet Key spends his Monday media round attacking it too. National knows they’re on to a hiding – they’re defending excessive profits over lower power prices for people. But they’re ideological bound to reject the solution.

Whose interests are the Nats working for?

Why are National and the Right pitching a fit at the prospect of the Crown and foreign institutions losing superprofits when that’s the price of households and businesses getting lower power prices? Real businesses are looking forward to paying less for power but National says ‘stuff them, we’re looking out for the Crown’s stealth tax and Origin Energy’s profits’.

It’s Not Enough To Be Nice

Being a good employer takes a collective effort. Being nice, inquiring about the kids and genuinely taking an interest in your employees is […]

Nats trying hide Mighty River risks?

It is absolutely essential for National that lots of ordinary Kiwis buy Mighty River shares. Is that why, as Rod Oram found, there’s no independent advice available to ‘mum and dad’ on the size of the risks? National must have such advice, but it’s keeping it from the public and beating the ‘buy, buy, buy’ drum instead.

Sunday Reading

My regular Sunday piece of interesting, longer, deeper stories I found during the week. It’s also a chance for you to share what you found this week too. Those stimulating links you wanted to share, but just didn’t fit in anywhere. This week: Vienna 1913, politics in our genes, burying Thatcher and failed economic theories.

The “socialist” vs capitalist PR war: NZ Power

The Key government and its allies are playing the “red scare” gambit, the Greens get to the heart of the reason for NZ Power, Parker goes Third Way, while Bernard Hickey and Matt McCarten weigh in to support the (alleged) “socialist” NZ Power policy. Bomber Bradbury adds some words of caution. [updated title]

Plunket on NZ Power

Sean Plunket’s piece on NZ Power wasn’t quite what I expected. After invoking the usual grim vision of the 1970s (although I swear I detected a slight wistful nostalgia) he breaks out the following conclusion…

Rentiers on notice

The Green/Labour NZ Power announcement is a clear warning to the owners of electricity companies that their days of rentier profits are coming to an end. Joyce cries for the declining value of their shares but that fall tells us that the market thinks Labour and the Greens will govern, NZ Power will work, and it will knock hundreds of millions off power bills.

Reaction to NZ power

The Labour / Green electricity proposals picked up very significant support from Vector CEO Simon Mackenzie. Other analysts and commentators have weighed in with support, while some of the reaction from the business community has been (like the Nats) bordering on the unhinged.