HoS on Key

January 30th, 2011 at 12:00 pm by David Farrar

The Herald on Sunday editorial:

Putting the merits of the sale plan aside for a moment, Key’s transparency is to be applauded. He said he would not sell off assets without the voters having their say, and they will get it, likely in November.

It is also heartening to see the Government doing something to put the brakes on its borrowing and to stimulate the moribund economy. Apart from the long overdue reining in of state sector costs, National has until now appeared to be indecisive and lacking ideas on how to help spark a recovery.

Of course, the moves are not a panacea, but they are a start. Upwards of $8 billion is expected to be raised in the sales and that money will go towards reducing our debt and into other infrastructure. They will prove a major boon for the sharemarket, with new listings just what the Capital Markets Development Taskforce says was needed to fire up the NZX.

As commentators have said repeatedly in the days since the announcement, the opportunity for mums and dads to invest in solid businesses that we know will continue to generate sizeable profits is likely to appeal to those burned by finance company collapses that have flushed away billions of dollars of savings.

With the Government guaranteeing to keep majority ownership, the biggest obstacle to sell-offs has been removed and there are more reasons to welcome the moves than to oppose them.

So the HoS supports the policy, what about the politics?

Key’s personal rating, however, should have been enhanced by the moves this week. He has been a populist leader so far in his first term and has been reluctant to rock the boat.

We have now seen strong, decisive leadership. That, more than the sales themselves, should be the most comforting aspect of the political week.

I agree.

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70 Responses to “HoS on Key”

  1. tvb (3,314) Says:

    As I understand it the proceeds are earmarked for further capital investment instead of borrowing for that investment. Providing the Government has a highly innovative policy to spread the shares through the WHOLE community including people on welfare benefits, kiwi saver accounts and general investors, they will be able to build the constituency for this policy. Yes it will be expensive in terms of sales costs but having a hiostile public against this policy is also expensive, something the Treasury fools who designed previous privitisations forget.

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  2. philu (13,393) Says:

    hah-hah..!…

    ..wait for the polls..!

    the only one i’ve seen showed 80% opposition to any asset flogging-off…

    “…We have now seen strong, decisive leadership…”

    yearning for a muldoon..?..eh..?

    i’d prefer a coalition of the centre-left parties..

    ..who will start to undo the inequities from yr monetarism/me..!..me,,! beliefs..

    ..we don’t need another muldoon…

    phil(whoar.co.nz)

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  3. Grizz (425) Says:

    Of Course Philu, We must take polls conducted by the Standard Website as Gospel.

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  4. flipper (1,666) Says:

    One can only applaud the HoS today but, at the same time weep because it demonstrates the absence of economic literacy that one might expect in NZ’s largest circulation daily. Would iconic Herald editors of the past or the Hortons have allowed that? I know they would have never permitted this situation to develop.
    The HoS must ask itself when, in the modern age, any Government (using money derived from taxpayers or borrowed) created real, on-going employment opportunities and real, as opposed to illusory, growth.
    At a time when Philly is intent of following the even more illiterate Paulie, down the “tax the rich” road, nations with a sensible approach are looking to cut taxes on higher income earners because they create sustainable jobs.
    Classic Friedman v Keynes (pity that Treasury’s Whitehead is a Keynesian!)
    The final score:
    JK 10
    Phillie 0

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  5. s.russell (1,292) Says:

    National can win the argument on this, or at least restrict the short-term (election-time) damage to manageble proportions. But it will require some very good salesmanship from Mr Key himself. It will have to be handled better than the proposals to open up more land to mining.

    Philu, I saw that poll too and I wouldn’t place too much reliance on it: from memory the question was simply “Do you favour selling state assets”? Almost designed to get a “no”. Thet Key proposal is a PARTIAL sale of SOME assets which leaves those assets in Govt control, so the reaction may be less negative than that suggests.

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  6. Grizz (425) Says:

    The debate about partial sales of state assests has certainly given people like Philu something to complain about. I have a small share portfolio, but over the last 2 years I have been investing money offshore as I am not interested in a lot of what is listed on the NZX. While I do own shares in some NZX companies, it now comes down to buying more of what I already own or investing offshore. I for one would welcome the opportunity to invest in companies like Meridian Energy rather than send more capital offshore.

    However I think the big difference with today’s asset sales and those carried out by Phil Goff in the 1980s is that there is now a pool of kiwisaver and superannuation funds which should ensure a majority shareholding will remain in New Zealand, even if capital raisings dividen reinvestment plans see the government shareholding creep below 50%.

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  7. philu (13,393) Says:

    no grizz..think more mainstream media…

    ..eh..?

    phil(whoar.co.nz)

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  8. Grizz (425) Says:

    But Philu, you have always rejected mainstream media polls! They were always unscientific. Are you now saying that you will believe a poll when it suits you and reject a poll when it doesn’t? That is so unlike you.

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  9. philu (13,393) Says:

    “..so the reaction may be less negative than that suggests…”

    down to 70-75% opposed…?

    ..d’yareckon…?

    phil(whoar.co.nz)

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  10. philu (13,393) Says:

    “..But Philu, you have always rejected mainstream media polls! ..”

    where is the/any evidence of me saying that…?

    you just making that up….eh..?

    phil(whoar.co.nz)

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  11. jackp (668) Says:

    The real problem is Government gluteny. Key isn’t dealing with it. Selling off Soe even keeping majority ownership is a bad idea.

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  12. Paulus (1,690) Says:

    As a “Mum and Dad” investor we will certainly consider reducing our term deposits with an Aussie bank and buying some of NZ infrastructure shares. And our friends with whom we have discussed are similarly considering.

    We have AirNZ already from inception, and could look to increase if the price is right.

    I keep hearing from Labour we don’t exist – We do, so suck it and see Little Goofy.

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  13. Radman (123) Says:

    I wouldn’t get too excited about this; all that National has done is asked Treasury for advice on the merist and viability of it. The “policy”, if you can call it that, is subject to Treasury advice. I think Mr Key and Mr English have choked!

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  14. philu (13,393) Says:

    “..The real problem is Government gluteny…”

    can’t you get a gluten-free govt these days…?

    ..y’know..!..’cos of all the allergies to the gluten-model…?

    phil(whoar.co.nz)

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  15. reid (13,566) Says:

    Let’s hope the voters don’t get too convinced by Liarbore’s lies as this subject is debated. From their track records the Nats don’t seem to care about letting them run with a national debate and say whatever they like then only once all the reef-fish that can be swayed have been swayed do the Nats step in with their own spin.

    I find this what seems to be a policy rather than mere oversight, rather peculiar, if you want to win because silly me, I’ve always thought politics is a competition for ideas and the way to do that is to actually compete rather than stand aside.

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  16. tvb (3,314) Says:

    I just hope the Treasury advice includes some innovative policies to spread the ownership far and wide. Treasury in the past have had a fixation for trade sales because they could not be bothered to advise on a more innovative policy to BUILD the private share owning constituency. Margaret Thatcher realised the need for this it is a great pity NZ did not. But I like the hubris of Phil U thinking they have a lay down misea on this.

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  17. side show bob (3,660) Says:

    Another of Philu’s famous predictions. You would think he would learn. I suppose given a thousand or so years he’s bound to get one right.

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  18. reid (13,566) Says:

    I just hope the Treasury advice includes some innovative policies to spread the ownership far and wide.

    One of the issues tvb is the economy isn’t sitting right for mums and dads to want to put in a few thou. A lot of it will be institutional investors I’m thinking. They’ll market it on the ASX, Singapore, Hong Kong or they should. These assets will be attractive to those.

    I’m surprised Key hasn’t included Kiwibank, which needs capital for its expansion into business banking. NZ Post did a capital notes issue almost two years ago now. Perhaps he didn’t want to give Liarbore that target but if so that’s a shame. I think he could have sold at least 49% and that would be attractive to the Aussie banks who have heaps of money. Liarbore would of course argue that such a move is evidence of takeover, but who says any shareholders have the right to a board seat? You could easily prevent that, before you even put it on the market.

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  19. Grizz (425) Says:

    You know, Asset Sales need to be done with caution. I do not think the electorate is ready for a Kiwibank sell down. Probably a better scenario would be to raise new capital on the open market and keep its existing shareholding. That way it could never be seen as an asset sale. Well technically not anyway.

    As for kiwirail, you could not give it away without paying someone to take it off your hands. Shame, it would make an excellent cycleway.

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  20. Redbaiter (13,197) Says:

    See ‘Charge of The Lightweight Brigade’.

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  21. Zapper (600) Says:

    “philu (9,527) Says:
    January 30th, 2011 at 12:53 pm

    “..But Philu, you have always rejected mainstream media polls! ..”

    where is the/any evidence of me saying that…?

    you just making that up….eh..?”

    Before 2008 you disregarded all polls and predicted a left wing govt. You were wrong.

    I fear for NZ if this Labour Party gets in again anytime in the next 10 years

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  22. shady (246) Says:

    Didn’t David Cunliffe float the idea of PPP’s (Public, Private, Partnerships) back in November last year? Isn’t partial ownership just a different side to the same coin? Flip flop!

    http://www.kiwiblog.co.nz/2010/11/some_common_sense_emerging_from_labour.html

    Bit of backlash from the opposition.

    http://thestandard.org.nz/cunliffes-bad-politics/

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  23. Redbaiter (13,197) Says:

    “I fear for NZ if this Labour Party gets in again anytime in the next 10 years”

    I dunno why you would. What’s the real diff between National and Labour?

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  24. reid (13,566) Says:

    What’s the real diff between National and Labour?

    National knows when it’s doing the wrong thing, Liarbore doesn’t.

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  25. Manolo (9,944) Says:

    I fear for NZ if this Labour Party gets in again anytime in the next 10 years.

    Just the sinking rate would be different under both parties. The destination remains the same: mediocrity and the bottom of international economic ratings.

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  26. philu (13,393) Says:

    “..Before 2008 you disregarded all polls and predicted a left wing govt. You were wrong….”

    that election swung on peters not quite making it…

    a very small percentage more for him..

    ..and it wd have been a completely different story…

    so…meh..!..eh..?

    phil(whoar.co.nz)

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  27. philu (13,393) Says:

    i think it’s going to be a matter of the lies told by key/national..there..reid

    ‘mum ‘n dad-investors’ being the real big whopper-chimera..

    it’s this years’ ‘fiscally-neutral’/'everyone will be better off after the tax cuts for the rich’…whopper…

    ..eh..?

    phil(whoar.co.nz)

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  28. Redbaiter (13,197) Says:

    Manolo- did you see the video of Chris Christie in my link above? Can you imagine what mincemeat he would make of NZ’s media? While the Nats just cower like losers.

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  29. Manolo (9,944) Says:

    Chris Christie is a fearless politician, who now as governor of New Jersey, has never been shy of confronting liberal journalists.
    I shall check your site for that video, thank you.

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  30. philu (13,393) Says:

    and no reid…there are now quite clear differences between the two old parties..

    …last election/decades past you could have hardly slid a ballot paper between then..

    ..but it wd seem the scales have finally fallen from new-labours’ eyes…

    ..and they have realised that they are really old-labour…

    …and more than a few of those dismayed at labours direction/priorities over the last few decades…

    …are no doubt pleased to see them back..

    ..and what ‘ideas’ do national have..?

    ..apart from kicking the crap out of the poor…

    …and flogging off the countries/societies inter-generational assets…..

    ..he wants to make the rich even richer…

    ..he wants the gap between rich and poor to widen…

    ..and he plans to increase the number of children living in poverty..

    ..’that way lies madness’….eh..?

    ..so..in a few months..

    ..voters will have a very clear choice…

    …hickey noted today that it has been since walter nash…

    …since we have had a one-term prime minister…

    …and like key will be..

    ..nash was bounced fafter one term for introducing (in the publics’ eyes)thoroughly distasteful legislation/plans…

    (is natty-hq handing out the worry-beads yet…?

    ..they should be….eh..?

    farrar will be burning the midnight polling-lamp…eh..?

    furried brows all around…?

    phil(whoar.co.nz)

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  31. philu (13,393) Says:

    “..Another of Philu’s famous predictions…”

    i was pretty much on the mark with that global-meltdown thing..eh..?..bloody-hands-bob..?

    what was it..?

    ..at least two and half years there you were scoffing at what i was trying to tell you..eh..?

    with perhaps a high-point/nadir the sneer from adolf..

    ‘philu is trying to single-handedly bring down the american economy’..

    and all i was doing was paying attention…reading/relaying roubini..and the other early-warners…

    ..and i must admit..i was amazed at how long you were all so willfully blind for….

    ..and of course..the complete failures by the mainstream media/expetrt/commentators..

    ..and let’s not forget…that during the attempt to sell this asset-stripping/wealth-transfer exercise…

    …that key and the other pimps for it will be pulling treasury figures/predictions out of their hats….

    ..now i’d like you to hold one thought on treasury-predictions….

    ..namely that during those two and a half years i and others were yelling bout the upcoming calamities…

    ..that these highly-paid treasury-seers saw nothing of the kind…

    …the depth and width of their ignorance is perhaps most adequately demonstrated by their just-prior-to-election predictions..

    …that ‘the recession wd be over by the new year’….(namely jan ’09..)

    ..parrotting the lie both of the old parties took into that election…

    …gee..imagine if they had been even slightly fucken competent at what they do..

    …we might/should have had time to not be surprised…

    ..so these are the utter numbskulls whose figures/predictions of how rosy the asset-stripping will be for us all..

    ..that .key will be using..

    i’m predicting they will say many times..

    ..that it will be really good for ‘mums & dads-investors’…

    ..(it’s so folky/homely/reassuring kinda..eh..?…)

    phil(whoar.co.nz)

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  32. reid (13,566) Says:

    i’m predicting they will say many times….that it will be really good for ‘mums & dads-investors’…

    I’m sure they will phil, just as Liarbore will say it will be an evil corporate rip-off and the Greens will cover themselves in molasses for some reason before they storm the NZX trading floor as part of their communications plan against the sale.

    What of it? Why the hell do you even state the obvious as if it isn’t entirely predictable to everyone except slack-jawed yokels aka swinging voters? It’s called political marketing phil. What, you think “your side” doesn’t do it? What are ya? Mental?

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  33. philu (13,393) Says:

    “..Why the hell do you even state the obvious as if it isn’t entirely predictable to everyone except slack-jawed yokels aka swinging voters? ..”

    i’m gratified you agree with my analysis…there..reid

    ..”..It’s called political marketing phil…”

    no it’s not….the greens selling the societal-benifits/debt-reduction of a capital gains tax is ‘political marketing’..

    ..what your lot have planned is an orchestrated litany of lies….aka treasury-predictions…

    ..to attempt to justify the rich asset-stripping the country/our common-wealth…

    …there is a clear difference…

    …eh…?

    phil(whoar.co.nz)

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  34. Chuck Bird (3,454) Says:

    “Chris Christie is a fearless politician, who now as governor of New Jersey, has never been shy of confronting liberal journalists.
    I shall check your site for that video, thank you.”

    I would like to see what his reply would be if some liberal journalist asked him what guy he would fancy if he decided to turn homosexual. I bet it would be somewhat difference than Key’s reply.

    The video is well worth watching.

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  35. reid (13,566) Says:

    no it’s not….the greens selling the societal-benifits/debt-reduction of a capital gains tax is ‘political marketing’….what your lot have planned is an orchestrated litany of lies….aka treasury-predictions…..to attempt to justify the rich asset-stripping the country/our common-wealth……there is a clear difference…

    So according to you phil, the Treasury therefore has no idea what is going on and no idea what is good for the economy. So whyever didn’t Liarbore dissolve it? Scatter it to the four winds just like JFK said he was going to do with the CIA just before he was murdered?

    Newsflash phil: Making a blanket statement like you just did adds nothing to collective wisdom. I wish you’d get that FACT through your apparently tremendously thick skull which in no way, BTW, reflects what a person would say had they a genuine 140 IQ.

    Hint phil: stop being a fanatic. Try and change the subject once in awhile. Move away from your constant rich-poor one-track dimension through which you analyse everything that happens. Otherwise, you’re just as worthless as RB, in terms of offering us any new and genuine insights as opposed to a simple re-hash of your warped fanatical perpective.

    You know, I can predict precisely what you or RB and MNIJ for that matter, is going to say on any given topic under the sun, that’s how fanatical you both are, in your own ways. You should all get together in a club. No girls allowed. You’d have a lot of fun together, I reckon, once you got past the politics. Birds of a feather.

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  36. Inventory2 (8,809) Says:

    philu (9,533) Says:
    January 30th, 2011 at 5:46 pm

    “..Why the hell do you even state the obvious as if it isn’t entirely predictable to everyone except slack-jawed yokels aka swinging voters? ..”

    i’m gratified you agree with my analysis…there..reid

    Bloody hell; Phil was in the libarary this morning blogging at 5.04am, and twelve hours later he’s still there. I wonder who’s looking after his son while he spends all day down the library; maybe CYFS needs to be notified as well as WINZ, after all, the state is paying him to stay home and parent, not to go to the library for twelve hours a day.

    Then again, the library story might just be another lie …

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  37. Zapper (600) Says:

    “that election swung on peters not quite making it…

    a very small percentage more for him..

    ..and it wd have been a completely different story…

    so…meh..!..eh..?”

    Phil, were the polls right or were you right? Just answer the question

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  38. Zapper (600) Says:

    “I dunno why you would. What’s the real diff between National and Labour?”

    I fear either way Red, but you just need to look at Labour’s plan to run up our debt if they win the election to see the difference. I agree that there’s not a lot of difference when it comes to politicians, which is why Key is no popular. He is different, but not at the expense of intelligence.

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  39. Zapper (600) Says:

    so popular* that is

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  40. philu (13,393) Says:

    get a grip zapper…nobody is claiming infallibility..

    ..but ..your selective memory to one side…the reality is the last one was too close to call for most…

    ..with many..including clark….really really thinking they had it in the bag…

    ..and as i noted before..

    ..back then there were not the clear policy-direction differences we have now…

    …and asset-stripping of our common-held/paid-for goods by the rich/corporates/hedge-funds…

    …was not on the table….

    …this is the issue-fulcrum around which this election will swing…

    ..and how are act..?..b.t.w..?

    ..all looking good there..?

    ..and yr other ‘solid’-supporter..the maori party..?

    ..how’s that all looking for ya..?

    ..eh..?

    nope..!..no matter how you cut it…

    ..on either what he has done to date..in widening the income gap/creating more child-poverty/screwing the underclass..

    ..(remember when he emoted all over the underclass..?

    ..promising to get them out of the poverty-trap labour had created for them..

    ..and here’s the (deeply dark/cynical) laugh..

    ..some of them believed him…)

    ..or what he plans to do…asset-strip our countries wealth/wealth-creation vehicles….

    ..however you cut it…

    ..one-term-john it is…

    ..and like i’ve said before…what the rest of national should be very concerned about…

    ..is that i don’t think he even really cares if he wins or loses..

    …he’ll just hive off to his compound in hawaii..

    …and start playing with his squillions again..

    ..he must be missing being able to run his fingers thru it…

    ..bask in its’ glow…

    ..eh..?

    phil(whoar.co.nz)

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  41. Zapper (600) Says:

    Clark herself said the polls were wrong too! Delusional people are everywhere.

    Serious question. Why do you write like that? It’s really hard to read and reply so it makes a discussion difficult.

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  42. philu (13,393) Says:

    “..I fear either way Red, but you just need to look at Labour’s plan to run up our debt if they win the election to see the difference…”

    um..!..key is currently borrowing $120 million per week…

    ..to fund his tax cuts for the rich..

    ..w.t.f.is that…?

    ..if not ‘running up our debt’…

    ..for spurious reasons…?

    and no..fact-check…they plan higher taxes on the rich..

    ..to close down the trust-scams…

    ..close all those wff loopholes you rich scumbags exploit to scam money you don’t even need…

    …it’s just ‘greed-money’…eh..?

    ..and the capital gains on all but family home from the greens ..tucks in tidily beside that…

    …this is how the re-jigging of our country will be funded..

    ..are you clear on that now…?

    phil(whoar.co.nz)

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  43. Zapper (600) Says:

    Okay, so I’ll give up on the idea of a rational discussion when all you’re doing is repeating Labour Party lines. Borrowing to fund tax cuts for the rich…sigh. Fact check indeed.

    I’m certainly clear on why all you get is abuse, whether fair or not.

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  44. philu (13,393) Says:

    i’m an ee cummings fanboy from way back…

    ..(for both his style and his content..you rock(ed)..doc..!..)

    ..and i disdain the false-honorifics most cling to…

    ..and the ego-aspects of capitalising..

    …whrythe need for mr..or miss..or missus…?

    ..it is just a fag-end of the class system..

    …the only honorific available to the peasants…

    ..so they clng to it as being their only option/better than nothing..

    ..and what’s with the false-ego of capitalising the first letters of our names…

    …what onanistic self-indulgance is that..

    …i also prefer the aesthetics of the straight lines ..

    …over the lumpy/seemingly random capitalising style…

    ..it’s the way of the future..eh..?

    …and the easiest way to get there..?

    ..superglue yr caps-lock…

    …your writing will flow much easier too..

    ..not distracted by irrelevancies..

    ..hope that clarifies that for you..

    ..why do you write the way you do..?

    …did someone tell you to..?

    phil(whoar.co.nz)

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  45. Inventory2 (8,809) Says:

    Phil’s not Labour Party Zapper. He’s so “out there” that even the Greens gave him the flick.

    Oh, and all the abuse he gets is largely self-inflicted. He’s on the DPB, refuses to find work and is a former heroin addict who’s done time for the armed robbery of a pharmacy. All of that has been disclosed in his posts here. He’s also the best advertsiement one could ask for for the need for National Standards in literacy :-)

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  46. philu (13,393) Says:

    “..Borrowing to fund tax cuts for the rich…sigh. Fact check indeed…”

    um..!..excuse me..!

    ..we are currently borrowing $300 million per week…

    ..had key not given his tax cuts for the rich…

    ..we wd have to borrow only (!) $180 million per week…

    ..so the fact is..we are borrowing (120 million per week..

    ..to fund the tax cuts for the rich..

    ..and this is fucken insanity…

    …with key just carrying on/not caring..

    ..just like his bankster mates at lehman bros..etc..etc…

    ..bankrupting our fucken country…

    ..and now planning on a good old fashioned asset-strip…

    ..is that clear/explained enough for you..?

    phil(whoar.co.nz)

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  47. Inky_the_Red (668) Says:

    Does Key and the HoS not understand that the riots in Egypt and Tunisia are (in a large part) a reaction to neoliberalism. It is not just NZ that people are not happy to see government owned assets being given away to the private sector

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  48. Redbaiter (13,197) Says:

    So you and your commie mates are going to riot here are you Inky? Just let me know when and where will you?

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  49. Zapper (600) Says:

    Phil, I write the way I do because I went to school and paid attention and ended up with a doctorate. Now I earn money and have no need to rob anyone, not that I would of course.

    Your assertions about why New Zealand is in the current state it is are ridiculous. If we get a government made up of the communists you support then we’ll see how bad it can get. Well, you won’t because you’ll still get your welfare paid for by people like me, not that I am currently paying tax in New Zealand, I’m being over-taxed elsewhere.

    Redbaiter – Haha, I found that amusing too. Go on Inky, start the riot.

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  50. Zapper (600) Says:

    And Phil, we are borrowing money because people like you have been leeching for too long. I completely agree we need to stop borrowing. WHat would that mean for you? Would you get a job?

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  51. philu (13,393) Says:

    zapper…see gen-thread 28/1/11..for personal-question..

    ..and who exactly are these ‘comunists’ i support…

    ..are you one of those mouth-breathing righties…?

    phil(whoar.co.nz)

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  52. trout (819) Says:

    It is hard to fault the Nat Govt. strategy. They tread carefully for 2 years so as not to scare the horses (in spite of what the more extreme contributors to this site would have wanted); they have given the lie to all the dire predictions the Labour Party made during the last election. They have shown that they aspire to be good economic managers (‘it is the economy stupid’), and they have declared their policy intentions for the next term of government while requesting a mandate. MMP is a political tightrope; hopefully the Nats will retain their balance.

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  53. philu (13,393) Says:

    “…Phil, I write the way I do because I went to school and paid attention..”

    oh…so like i said..

    ..’cos someone told you to…

    ..eh..?

    …think for yrslf..!…man…!

    ..a doctorate y’say..what in..?

    what can you teach us..?

    what new/original thinking did yr doctorate throw up..?

    phil(whoar.co.nz)

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  54. Zapper (600) Says:

    Phil, apparently you are a Greens supporter. Those communists. I’m sure you know who Keith Locke is and what his belief system is.

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  55. Zapper (600) Says:

    I also know how to develop software systems because I went to uni. SO I guess I do that the way I do because I was told to as well?

    I’m all for radical new thinking. Since you’re apparently mocking what I’ve done, run us through what you’ve contributed?

    I’d hardly call a lack of literacy new original thinking Phil. All I’m asking for is a conherent sentence or 2.

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  56. philu (13,393) Says:

    but zapper…he’s going…and he was the last of the old school socialists..

    ..what’s left are younger greens…enviro-pollies..

    ..an entirely different story..

    ..and that’s keith..that’s one..

    you said ‘communists’…

    ..who are the others…?

    ..and will they be in the majority in parliament..?

    …or are you just indulging in a little hysterical rightwing scare-rhetoric..from the cold war era…?

    ..a doctorate..?…y’say…?

    phil(whoar.co.nz)

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  57. philu (13,393) Says:

    ..”..because I went to uni..”

    really..?..i’m impressed..!

    were you a shooting star..?

    ..or a plodder..?

    phil(whoar.co.nz)

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  58. philu (13,393) Says:

    “..Since you’re apparently mocking what I’ve done..”

    um..!..no..!..a wee bit paranoid are we…?

    a doctorate usually has to include original thinking/research…

    ..which is why i asked what you cd teach us..

    ..sheesh..!..prickly with it..aren’t ya…?

    phil(whoar.co.nz)

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  59. Zapper (600) Says:

    Wow. How old are you Phil, if you don’t mind me asking?

    And when do you plan to thank me for contributing to your on going survival when I did work in NZ? Why don’t you think you have to work?

    And just FYI Phil, I paid back my student loans in full, got an exceptional Computer Science degree and learnt that no-one else should have to support me.

    Maybe uni would be an idea for you?

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  60. Zapper (600) Says:

    A druggie calling me paranoid….what am I doing to myself on this sunday night…. :)

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  61. Rodders (1,790) Says:

    I seem to recall philu saying that he knew Sue Bradford (then Sue Matthews) at Auckland Uni, so he would have to be in his 50′s.

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  62. philu (13,393) Says:

    and no..i don’t feel like having a dong-waving competition with you…

    ..eh…?

    if you want to show us yours..that’s up to you…

    ..wave away…

    ..but i’m not joining in…

    ..so..yr original thinking/research..?

    ..no..?

    ..is there none…?

    ..did you just put in the years/plod yr way thru…?

    ..are you one of them..?

    (yours in ‘coherence’..eh..?..)

    phil(whoar.co.nz)

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  63. philu (13,393) Says:

    “..what am I doing to myself on this sunday night..”

    onanism via mouth…?

    ..and sliding into ad hominems..eh..?

    a doctorate..?..y’say…?

    phil(whoar.co.nz)

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  64. Zapper (600) Says:

    I have no desire to out myself on a blog that has self-confessed criminals on it.

    I explained what I did Phil, and it doesn’t include plodding.

    And why would you want to “wave away”? What do you plan to wave…drug addiction, armed robbery and leeching off the state?

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  65. Zapper (600) Says:

    Seriously, 50 years old? It’s like arguing with a 12 year old. Well, a slow 12 year old.

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  66. philu (13,393) Says:

    “…Why don’t you think you have to work?..”

    see gen-thread 28/1/11…

    phil(whoar.co.nz)

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  67. emmess (1,178) Says:

    Does Key and the HoS not understand that the riots in Egypt and Tunisia are (in a large part) a reaction to neoliberalism.

    Correction. They are due to the success of neo-liberalism
    Tunisia and Egypt are now middle income countries. When countries reach a certain level of income, people start to demand political rights.
    This a good thing.
    @InkyTheRed, would you prefer they stayed poverty stricken socialist hell holes?
    On seconds thoughts there isno need for you to answer that, I already know the answer

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  68. Pete George (17,596) Says:

    Does Key and the HoS not understand that the riots in Egypt and Tunisia are (in a large part) a reaction to neoliberalism.

    A weird claim.

    What about authoritarian rule, corruption, police brutality, torture?

    For Egyptians, the final straw seems to have been parliamentary elections in November last year, which observers said authorities rigged to exclude the opposition and secure Mubarak’s ruling party a rubber-stamp parliament.

    The people of Egypt are pissed off, but I doubt neoliberalism is on their minds. They want Mubarak out. In contrast to here, where most people are happy to have Key in.

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  69. Manolo (9,944) Says:

    Does Key and the HoS not understand that the riots in Egypt and Tunisia are (in a large part) a reaction to neoliberalism.

    This statement alone deserves the igNoble price for political dishonesty. Only in lefty la-la land such tripe can be uttered.

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  70. Pete George (17,596) Says:

    Didn’t you see it on TV Manolo? Thousands of Egyptians in the streets chanting “Down with neo-liberalism!”

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