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Monday, May 6, 2013

MRP going cheap!

mikesh said this:

It is National’s resposibility to decide whether to sell, whatever the price. If the assets are sold at too low a price the ‘sin’ is National’s, nobody else’s. Labour have a right, perhaps even a responsibility, to say what they will do when they come back into power 2014.

He's on the button.

9 comments:

fredinthegrass said...

The same button the Presidents' of USSR and USA held there trembling fingers over all those years ago?
It was damn clever of Noooorman and the Woolshed man, but totally irresponsible as far as our country is concerned.
As potential leaders I fear for our future with them at the helm.

robertguyton said...

Irresponsible to signal well ahead, their policy once elected?
Hardly, Fred. The model proposed has a lot of support from level-headed analysts, just as there is opposition to it. Have you read what the supporters say? They are not shreiking, North Korea!! Sky, falling! A reasonable person would at least try to grasp the pro argument. Too many people with vested interests are shouting too loudly for me to believe they are taking the country's interests seriously, just their own.
The sale of MRP is an irresponsible, self-defeating act by Key and National. They will get a poor return, blame someone/anyone else, then sell the next one on the block. That's not wise management, that's irresponsible neglect.

fredinthegrass said...

You mis-read me a tad, Rg. Their irresponsibility is the policy, not the timing of the announcement.
I respect your opinion on the sale of MRP et alia. I just disagree with you.
While I believe there will always be folk who put self first, I happen to support the partial sales with the knowledge a vibrant active capital market is in the better interests of the country as a whole. Like most fiscal measures in will take time for the full effect to filter across all sectors of the community.
I take heart from the position our current fiscal "managers' have attained through one of the tougher financial periods for sometime; and one only has to take a wee peek across the Tasman to see the result of the 'Lefts" efforts - a mining boom not seen before frittered away to reveal a rather large looming deficit - caused I understand from policies frighteningly similar to those espoused by Nooooorman and the Woolshed man.

robertguyton said...

Can you cite one of those policies, Fred?

fredinthegrass said...

Funding policy from unmade income. Increasing the "State dependency" of individuals. Discouraging investment in growth sectors. "Controlling" education by refusing to adopt modern practice. Feeding prejudice against voluntary unionism. Failing to recognize a sensible balance between economic and environment pressures.

robertguyton said...

Fred. Give us a break. They're not policies.
Where are the policies you said Nooooooorman and the Woolshed man were espousing?

fredinthegrass said...

Well, it was getting late last night, Rg!

robertguyton said...

That's what nights do, I suppose. No such policies then?
Question Time should be fun today.

fredinthegrass said...

Mind you, Rg, if they are not policy in 'your' opinion they might be in others - opinion that is.
Q T - you stirrer, you!