NZ Herald defends John Key's Hazardous Morality
The NZ Herald is doing all they can this week to make the slow love to National that passes as editorial comment these days. Yesterday they minimized the numbers of uninsured in the Christchurch quake to soften Key's claim that to bail out the 10 000 uninsured would be a moral hazard (where as bailing out Mr Magoo at SCF with their well connected investors to the tune of $1.6billion WAS NOT A MORAL HAZARD), they also ran an editorial backing Maurice Williamson's claim that concerns over Crafar Farm sales was racist (even though Maurice has just been caught out using racist jokes against Samoans and Muslims).
Today the Herald is siding with Key in their editorial to deny the uninsured support and the most hilarious thing is the NZ Herald don't even once mention the SCF bailout.
So once again folks - bailing out uninsured quake victims is a moral hazard, bailing out Mr Magoo and his well connected investor mates IS NOT a moral hazard.
I love right wing hazardous morality.