- - - - - - - - - - - - -

Tuesday, April 29, 2008

When a strategic asset is not a strategic asset


Govt won't pull plug on capital's power sale
The Government is unlikely to halt the sale of the capital city's electricity network to a Hong Kong investor, despite political pressure for it to emulate its controversial veto of the Auckland International Airport deal. Vector yesterday revealed it had agreed to sell its Wellington electricity network to Cheung Kong Infrastructure Holdings for $785 million. The network distributes Wellington's power and therefore supplies many of the buildings that the Government itself operates in. But it appears the Beehive does not view the network's strategic importance in the same light as it viewed Auckland Airport - which it stepped in to protect when a Canadian pension fund looked set to snare a 40 per cent stake last month.

When Labour moved against the awfully polite Canadians and stopped them from buying Auckland Airport, Labour proclaimed that this was the real difference between Labour and National and it went down with an electorate that hates seeing any asset being sold off, however the lengths with which Helen and Michael are trying to claim the electricity network of our capital city is in someway NOT a strategic asset is a mental leap only the heavily medicated could perform – it gets worse, it’s a Chinese company (and we are all still feeling a little concerned from our friends rallying in Aotea Square and their brutal crack down in Tibet) that will buy the electricity network of our capital city that powers all Government Departments – if Labour allow this to go through their credibility with the electorate will be sunk, NZers will like it a lot less that the Chinese have Wellingtons power supply by the balls than they would over those awfully polite Canadians owning the airport.

12 Comments:

At 29/4/08 11:40 am, Anonymous Anonymous said...

What's gonna happen to my rebate of a couple of hundred bucks a year, OR A MONTH AND A HALF FREE POWER?

 
At 29/4/08 12:05 pm, Anonymous Anonymous said...

So now the chinese own my power connection...great...what the fuck is going on in this country!!!!

 
At 29/4/08 4:05 pm, Anonymous Anonymous said...

Now, now, don't be so harsh ... after all the 'network is not on sensitive land' ...

http://www.stuff.co.nz/4502005a10.html

WTF????

NS

 
At 29/4/08 6:08 pm, Anonymous Anonymous said...

"NZers will like it a lot less that the Chinese have Wellingtons power supply by the balls than they would over those awfully polite Canadians owning the airport."

Well, the redneck, talkback xenophobes will.
A group which it is increasingly obvious you have an affinity with.

 
At 29/4/08 9:28 pm, Anonymous Anonymous said...

I fully agree with the above comment. Martyn Bradbury more like Martyn Laws. Especially after what he said about the South Island. Start wearing eye shadow Bomber.

 
At 30/4/08 7:52 am, Blogger Bomber said...

This comment has been removed by the author.

 
At 30/4/08 7:53 am, Blogger Bomber said...

...
"NZers will like it a lot less that the Chinese have Wellingtons power supply by the balls than they would over those awfully polite Canadians owning the airport."

Well, the redneck, talkback xenophobes will.
A group which it is increasingly obvious you have an affinity with.

LOL - I wondered where you had popped off to, my little friend who accusses me of being racist - you were very quiet over the Chinese protests, were you there?

I fully agree with the above comment. Martyn Bradbury more like Martyn Laws. Especially after what he said about the South Island. Start wearing eye shadow Bomber.
Oh God - the 'you hate the south island' guy again, um yeah. Whatever.

 
At 30/4/08 12:34 pm, Anonymous Anonymous said...

Was I at the protests?

Hell, I don't care if 2000 Chinese students protest, more power to them. Give them a taste of the demorcratic freedoms we have.

Would you rather have censored them?
Shut them down, pretend it didn't happen, in effect giving them a taste of home?

No bomber, my beef is not with protesting chinese, or Chinese companies buying assets, it's your racist insinuation that Chinese=bad.

I expect this from racist talkbackers, I do not expect it from so-called left wing liberals.

 
At 30/4/08 12:55 pm, Blogger Molerats said...

"Not on Sensitive Land"?

I hope they never get their hands on it. Power is far too important resource to be selling to those evil communists. Why would we ever want to give these people a foot in the door. If it goes through im sure we will live to regret it one day.

 
At 30/4/08 4:30 pm, Blogger Nepenthe said...

I would like to say that despite what they say the Chinese are not communists. They never have been. Also it's called the People's Republic of China, it's not a republic and the people have no say in the running of their country.

 
At 30/4/08 6:39 pm, Blogger Bomber said...

...
Was I at the protests?

Hell, I don't care if 2000 Chinese students protest, more power to them. Give them a taste of the demorcratic freedoms we have.

Well I was in the middle of those 4000 Chinese Nationalists, and I was writing about my experience of that day - how you manage to twist that into me being xenophobic is more your chip on the shoulder than it is mine.

Would you rather have censored them?
Shut them down, pretend it didn't happen, in effect giving them a taste of home?

Not at all, I am commenting about their ferver and what it says, I am VERY pro-democratic rights, but I also have the right to pinjt out the irony of those enjoying freedoms and celebrate a regime that would never allow the very same protest to freely occur in their own country.

No bomber, my beef is not with protesting chinese, or Chinese companies buying assets, it's your racist insinuation that Chinese=bad.
I've smelt this bullshit before, I've had it when I am criticle of Israel with the blatantly untrue counter 'anti-Semite'. I have no issue with the Chinese or their incredible history and 5000year culture, my beef is directed at the communist regime and those who blindly follow it - that is not racist and that is not xenophobic

I expect this from racist talkbackers, I do not expect it from so-called left wing liberals.
And I expect more from someone supposedly posting from such a high horse.

 
At 1/5/08 9:42 am, Anonymous Anonymous said...

"...my beef is directed at the communist regime and those who blindly follow it...

Bullshit.
For the past week you have blogged plenty on China, but you do not mention the Chinese Government, but China.

You try and denigrate the protesters by saying they are the children of wealthy Chinese, bringing it all back to old-school socialism- working class vs the rest.

"I have no issue with the Chinese or their incredible history and 5000year culture..."

Ah yes, the:
"some of my best friends are" canard, which then allows you to criticise said group.

The more you post the more your true colours come out.
You sure seem a product of David Beggegood's socialist school of thought;
Fuck ethnicity, gender and cultural differences, it all comes down to class.

 

Post a Comment

<< Home