John Key is worth $50 million, let's sell him and not state assets!
The Government have fast tracked their plans to sell off our assets into a global market that won't be scrambling to offer us top dollar for them. Spending $120 million on spin drs to convince us into selling our assets seems audacious considering most opinion polls suggest Key could spend $120 Billion on trying to spin asset sales and the majority of us still wouldn't buy it.
The one thing we can be certain off is the spike in power prices once shareholders are calling the shots and rapaciously demanding a higher and higher profit margin. Opposition Parties must use every filibuster trick in the book to drag this process out, the spurious claims to have a mandate to privatize our assets borders on the comical when one considers the last election was one of the lowest voter turn outs in 120 years.
People voted National in spite of their asset sale plans, not because of them.
Apathy isn't a mandate and austerity isn't an economic policy.
We've already given almost $3 billion in tax cuts to the wealthiest NZers, meaning they are the only ones with the disposable income to buy these shares. Seeing as we are borrowing for those tax cuts, we are effectively subsidizing the richest members of society to buy assets we publicly own.
Rushing these sales through before the Waitangi Tribunal has managed to investigate if their sale contravenes the Treaty provisions is an added insult.
Asset sales are the very definition of peak stupidity.