Questions mount over Nats’ red zone plan

Brownlee has known for months about the fishhooks in the red-zone buyout plan. Incredibly, he has done nothing to address them. The rules of the bailout package aren’t even written. It was rushed out unfinished for political reasons. How can it take so long to write these simple rules? Only explanation is a lazy, useless, incompetent minister.

Sexist dinosaur Nats

Employers and Manufacturers Association head Alasdair Thompson’s sexist outbursts have drawn near universal condemnation, and are likely to cost him his job.  But while we’re about the business of punishing sexist dinosaurs, we should set our sights a little higher than Thompson.

Mana a victory for the Left

A victory for Mana or a victory for Labour? Actually, it was a win for both, and a win for the Left. The losers in Te Tai Tokerau were the true enemies of the Left – the kupapa Maori Party and National. Turia put up a weak candidate hoping to concentrate the anti-Hone vote behind Davis. Now, the Maori Party faces a three-way fight it can’t win.

Te Tai Tokerau

Te Tai Tokerau includes the North Shore, so there’s been a by-election in my patch today. But now: we just have to sit back and wait.  What will happen to Hone’s 6,308 majority? 

[99% booths in: Hone 5372 Kelvin 4582 Solomon 1003]

Where are Nats’ answers to Chch fishhooks?

The weaknesses in govt’s Christchurch buyout plan were pretty obvious. Option 1: GV for land & property, would not be enough to buy replacement for most. Option 2: GV for land – activate replacement clause in insurance contract for house, would only work if insurer agreed house was a complete write-off. Option 2 failing already.

In other news

The spotlight was on Christchurch last week, and will be on Te Tai Tokerau over the weekend.  Lots of stories are slipping by under the radar.  But here are a couple of  pieces that deserve further comment.

Rule by rentiers

Fascinating column by Paul Krugman in the NYT. America’s growth is slowing, and Federal Reserve Chairman Ben Bernancke has just anounced that he doesn’t understand why the recession is going on so long. Krugman’s focus is on employment, and he says that policy makers are catering almost exclusively to the interests of rentiers — those who derive lots of income from assets, who lent large sums of money in the past, often unwisely, but are now being protected from loss at everyone else’s expense. Sounds familiar here too – tax cuts at the top and asset sales to benefit the NZX.

Godwin the EQC

Sometimes you have to simply start from 1.0 for Godwin’s Law. This pretty much applies to anything re-subtitled from the movie “Der Untergang”. The latest one that I have seen is this side splitting rendition of exactly what has been going on inside the EQC operation in Christchurch.

That’s it?

Amazing what political pressure can do. Christchurch package was clearly put together in the space of a couple of days. Buy-out at GV the obvious basic solution but will see many out of pocket. Option 2 is an admission of that but only open to some. None of the fish-hooks have been worked out. What’s Gerry been doing all this time?

Farrar’s tax cut chicanery

The National Research unit has created National pollster David Farrar has taken time out of his holiday to create a graph showing the reduction in tax across incomes. Supposedly it shows National’s tax cuts weren’t for the rich after all – we just imagined it! But the research unit Farrar have avoided some inconvenient facts.

Christchurch offer roundup

The buy out offer comes as a relief for many (but not all) of the red zone residents.  Twice as many are still in limbo.  The fate of the uninsured will be a major issue.  Is an uninsured resident of Avonside any less deserving of government help than an investor in a dodgy finance company?

Christchurch annoucement

Eddie called it. Christchurch announcement is today. There are very high hopes. Points to watch: how many in the ‘don’t know’ category & are payouts at pre-quake market values? Notable release is this afternoon just before Key leaves. Makes it difficult to get reaction from residents in time for TV news and follow-up with Key. This post will be updated after release.

The Christchurch Solution – Part 1

The main details of the government’s plan for the worst affected Christchurch suburbs have been release via TV3.  Partly good, partly bad, partly ugly.  While some families will be relieved and happy, others will be angry, and still more will remain in limbo.  This is only the start of what is going to be a hugely complicated process.

Open mike 23/06/2011

Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]

Supreme Court 5-4 for WalMart in gender pay class action suit

The Supreme Court threw out a class action suit against WalMart alleging gender discrimination on a technicality – that the women had not proved that they were a deserving class for the purpose of the law. Reagan-Bush judges Scalia, Thomas, Kennedy, Alito and Roberts voted for WalMart; Clinton-Obama judges Ginsburg, Breyer, Sotomayor and Kagan for the women. This one will be back, that’s for sure.

A gutless strategy

Key is due to fly in to help announce the bad news in Christchurch tomorrow only to fly straight out to India the next day.

It’s seems the timing is all about keeping Key’s brand away from the bad news – he’ll do the sombre announcement and then leave others to deal with the fall out.

Gutless.

River of Kiwis now flood to Oz

3300 Kiwis left for Australia last month, breaking a 32-year-old record. Remember when John Key promised to stop the flow of Kiwis across the Tasman? Well, now it’s a flood…

[and mostly it’s not from Christchurch either]

Turia on Te Tai Tokerau

Were Tariana Turia’s comments on her own candidate in the Te Tai Tokerau by-election some kind of cunning plan, or just a simple stuff-up?

Pay $4K or they sell our assets overseas

David Cunliffe has done the maths. National wants to sell $6.8 billion worth of assets and it says they would be bought up by ‘mums and dads’. How much would each household have to invest to keep hold of the assets we already own? Over $4,000. Have you got that kind of money lying around to buy what you already own? Me neither.

Open mike 22/06/2011

Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]