The future?
February 10th, 2013 at 3:47 pm by David FarrarGreen leader Russell Norman tweeted:
Lord Turner, chair UK Financial Services Authority, defends financing Govt spending by ltd printing money. radical!http://ow.ly/1S6b0Q
Labour strategist Trevor Mallard replied:
@RusselNorman stop thrashing dead horse and work on imaginative tools appropriate for NZ
This will go down well at The Standard! Russel then responds:
@TrevorMallard you just go back to closing schools and making housing unaffordable like you did in govt
Points to Norman I say. He follows up with:
@TrevorMallard 2002-2007 house prices doubled, current account ballooned. Greens repeatedly told Labour to act, but you did nothing
This is like the Iran-Iraq war – you don’t know which side to cheer for!
UPDATE: it continues. Mallard says:
Presume this is an intern not
@RusselNorman but whoever it is needs to look to future not focus on rear vision mirror
And we also have a very tetchy Labour MP in Clare Curran:
@jordantcarter@pointoforder that’s bullshit Jordan
Maybe they are all nervous about Shearer’s reshuffle?
February 10th, 2013 at 3:52 pm
Haha. Keep the updates flowing DPF. Great first comeback by Russel Norman.
(Although he seems to have forgotten that the UK announced some months ago that there would be no further QE – as it hadn’t worked!)
February 10th, 2013 at 4:07 pm
It’s a bit like watching a rugby test match between England and Australia; you don’t want EITHER team to win
February 10th, 2013 at 4:11 pm
Why is there never an arms dealer when you need one
This would make a great deathmatch..
Vote:February 10th, 2013 at 4:19 pm
Russell in particular comes across simply as a complete child.
It’s quite staggering really, that someone so lacking in maturity would ever have power over others
February 10th, 2013 at 4:40 pm
Hidden due to low comment rating. Click here to see.
Unpopular. Like or Dislike:February 10th, 2013 at 4:54 pm
Hard to believe. 30 something. 50 something. Both still children!
Vote:February 10th, 2013 at 4:55 pm
First time I’ve looked at it but reading Norman’s twitter page is actually quite interesting, stuff on Don Elder, Mike Hoskings support for the National Party as well as his dig at Mallard.
Vote:February 10th, 2013 at 5:04 pm
This house price doubling business, I actually quite like it, owning both a home in Auckland and a beachhouse. I would hope that affordable housing wouldn’t impact on the wealth created by rising house prices for countless New Zealanders who have owned their home for a reasonable period of time.
Vote:February 10th, 2013 at 5:41 pm
Well, well, give it a bit more time, and the Greens will learn, improve in policy development, have a real alternative plan to the NatACT “more of the same”, they may well overtake Labour in the polls in the coming 2 to 4 years.
Mallard, King, Goff and a few other aged hangers-ons are simply not delivering much anymore, and while keeping a weak, incompetent, largely still too much stuttering and stammering “leader” of no hope in the job, they are overdue to retire, to make room to some young ones, who may actually have some ideas and plans, that could revive the Labour Party again.
Indeed those old ABC stakeholders are somehow ruining the party, by not stepping down.
That realisation must be behind Norman hitting back at Mallard.
“Hands on”, “hands on” without “pants on” and constantly going on about housing policies is not going to cut the custard, David Shearer. There is more opposition coming from the Greens and NZ First. This year will be very interesting to follow in NZ politics. Maybe someone may actually have the courage and found a totally new party also, sending shockwaves through the established, old, stuffy parties like National and Labour.
Vote:February 10th, 2013 at 5:49 pm
And these two scummy politicians could be “leading” our country after the next election. Weep and wail, NZ.
February 10th, 2013 at 5:51 pm
You know what must be done Manolo.
Vote:February 10th, 2013 at 6:10 pm
Well, i think this might be a great year for eating heaps of popcorn. I might just go out and buy a truck load, red and green colouring !!
Vote:February 10th, 2013 at 6:21 pm
Love it, keep it coming DPF, this is Gold 2 the Nats. How the fuck could they ever hope to run the country together for 3 years.
February 10th, 2013 at 6:53 pm
Philp: Quite so…imagine the cabinet meetings! Wussel as Associate Finance..Cunliffe as Minister; Delahunty as Treaty negotiations Minister and Finlayson as AG….ah hold on….
February 10th, 2013 at 7:00 pm
The infantile spat aside, re the original tweet
It would be interesting know how much non-GBP wealth Lord Turner has ready for repatriation.
Vote:February 10th, 2013 at 7:25 pm
Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of right or wrong.
Vote:February 10th, 2013 at 7:41 pm
@ David Garrett
Oh you do like to jest. absolutely horrifying for NZ except Finlayson of course haha
Vote:February 10th, 2013 at 8:33 pm
Why an exception for Tinkerbell ?
Vote:February 10th, 2013 at 8:36 pm
I hate to agree with the Greens but of course he is quite right about Labour sitting on its hands and doing nothing about the property price bubble. I understand Jim Anderton did his best to try to get them to introduce a capital gains tax in the early 2,000s.
I repeat yet again that landlords don’t increase the supply of houses before the predictable ‘taxing the supply of something is not the right thing to do’ argument! Of course land supply is also an issue.
Vote:February 10th, 2013 at 9:01 pm
And adding to the chaos, Zetetic hass justed posted a boot up Mallard and praise of Greens and Normanin an aptly named Hatin’ on the left.
Yes, no wonder Zetetic.
Vote:February 10th, 2013 at 9:21 pm
@gimmebackmyfwag_sob
Vote:February 10th, 2013 at 9:50 pm
A capital gains tax would not have made a blind bit of difference. I wish people would stop seeing that as a solution, complete or part. It’s simply a revenue gathering tool for the left to spend more on welfare. It’s that bloody simple. Stop the bullshit about it affecting house prices. Because it doesn’t.
February 10th, 2013 at 9:55 pm
Excuse my ignorance, but I don’t seem to remember the Green’s speaking out about house price increase prior to 2008.
Vote:Until recently, pretty much the only thing socialists ever talked about regarding housing was state house rental costs.
I am sure, someone can point me to a press release or two but I am sure it was not a major focus.
February 10th, 2013 at 9:59 pm
Nick K, the mantra the middle class were chanting, particularly in Auckland, was buy rentals, leverage up to avoid paying any tax on the rent and then sell when you retire and not pay any tax on the gain. Throwing a spanner in this equation would have made some difference – just as removing the depreciation deduction cooled things a little. It’s simple logic!
Vote:February 10th, 2013 at 10:24 pm
emmess – the green MPs now have an actual income (rather than just a benefit) so they are looking to get on the housing ladder and are appalled at the prices. So, just normal self interest.
Vote:February 10th, 2013 at 11:00 pm
2002-2007 house prices doubled, current account ballooned. Greens repeatedly told Labour to act, but you did nothing
…………..
“Anti-immigration feeling has no place in the Green party Immigration and Population policies released today, Green MP Keith Locke says.”
http://www.greens.org.nz/press-releases/greens-counter-peters-welcoming-immigration-policy
“Immigration and tax breaks for investment in residential property are being cited as the underlying causes of steep increases in the cost of housing over the past decade. ”
Vote:http://www.stuff.co.nz/business/money/4622459/Government-policies-blamed-for-house-prices
February 10th, 2013 at 11:24 pm
Rising house prices don’t create real wealth. It just looks that way to home owners. If you look at people buying their first homes at the inflated prices, they are just transferring a bigger share of their incomes to those lucky enough to have bought a home before the bubble. It’s largely a massive wealth transfer from the young to the old.
Look, the state basically gave my parents a house (they bought their state house at a govt set price well below the market rate which meant they couldn’t be refused a mortgage because the banks knew that they would immediately have almost 45% equity upon purchase – they used that to get into a better house within 3 years). That David Shearer’s scheme isn’t anywhere near as generous shows that he can’t even match what a former National government (in this case Muldoon’s) was prepared to do to help working people afford a home.
What Norman isn’t saying is that we need to tax the boomers into poverty to get things going. They have become entirely parasitic and house prices are a large part of that.
Vote:February 11th, 2013 at 7:30 am
@Anthony – the simple logic from where I am is if you were a property investor you would simply either hold the property for longer so the gains offset the tax you’d pay or you simply increase the price.
Both of these things end up reducing the supply of property for sale either directly or indirectly (respectively).
Can you explain the theory behind your “simple logic”?
Vote:February 11th, 2013 at 8:49 am
This is pure gold. Iprent over on the lower standard has just handed Curran her arse. Following a recent Labour caucus decision Labour members are making tentative approaches to the standard trying to gain favour by posting warm fuzzies. Iprent virtually told her to fuck off.
What a bunch of drop kicks.
Vote:February 11th, 2013 at 9:08 am
And still it goes on….
It has almost reached the point where you’d wonder if someone had hacked Norman’s twitter account. I suspect Mallard is correct that it is a Norman staffer/intern of some sort, but Norman will have to accept that if he gives others authority to post under his name, then he owns those statements.
Vote:February 11th, 2013 at 9:18 am
@RF,
I risked a quick look – both Clare Curran and Stuart Nash got a serve. Engaging at The Stranded certainly does hold its risks.
As for lprent, I wonder which dictator he has modeled himself after – perhaps he is just seeking to channel them all. And he comes across as such a supercilious prat with his sanctimonious judgements.
Vote:February 11th, 2013 at 9:26 am
Emigrate?
Vote:February 11th, 2013 at 9:30 am
@Manolo,
If you cared not a whit for what would become of your fellow citizens, yes that would be an option for you. Or you could take a more active role in preventing the dreaded Labour-Green destruction of our country and people.
I’ll send you the link to membership…
Vote:February 11th, 2013 at 9:32 am
Apart from his preciousness at anyone referring to The Standard as ‘The Standard’ there’s some classic lprent:
‘Virtuall anyone’ who goes to The Standard are given a free licence to criticise and abuse any targets approved by lprent.
His much bragged about behaviour modification has resulyed in a compliant cadre of comrades.
http://yournz.org/2013/02/11/not-a-labour-blog-not-the-standard-a-compliant-cadre-of-comrades/
Vote:February 11th, 2013 at 10:31 am
bhudson at 9:18 am:
Like you, I risked a quick look (which I try not to do generally). Wow. There is some serious in-fighting going on there.
That aside, gotta love lprent’s oft-repeated “The Standard is a machine, it does not think. DO NOT TALK TO THE MACHINE”. Not quite as shrill as Russel’s “Give me back my flag!!!” but boy it gets him p!ssed off.
Vote:February 11th, 2013 at 11:26 am
For those that look at the standard I protect myself from the evil eye by looking at a mirror held along side my screen. The reflection stops my soul being corrupted.
Iprent is a darlic clone. Always chanting exterminate.
Vote:February 11th, 2013 at 11:32 am
Don’t worry Trev will get utu when he becomes speaker in the next Labour Government.
Vote:February 11th, 2013 at 11:39 am
It’s funny seeing lprent’s overreaction to anyone referring to The Standard in general terms when on one hand he keeps claiming it is a collective of unassociated individuals freely expressing their opinions, and on the other hand he tries to mold it into a compliant multitude of munters, devoid of non-approved criticism or suggestions for improvement.
The Standard is an online Animal Farm.
Vote:February 11th, 2013 at 11:40 am
If it is, in fact, The Standard, it certainly shows how low they are set on the Left.
Despite all his other flaws, Trev seems to show enough sense not venture into the sewer that is The Standard
Vote:February 11th, 2013 at 2:58 pm
A compliant multitude of munters, that’s almost as good as an orchestrated litany of lies. Proper respect, PG.
Vote:February 11th, 2013 at 3:21 pm
Use as you like.
It’s interesting – that’s what Mallard/Curran tried to make Red Alert, it’s what lprent tries to do with his ‘behaviour modification’ at The Standard, it’s what they want of the Labour caucus and now it seems that Labour leadership is trying the same trick with The Standard, using Curran and Nash.
What’s a Curran munter?
Vote: