Wednesday, March 11, 2009

You'd Think SOMEONE Might Ask

What happens when the PM loses confidence in the State Services Commissioner?

Did the SSC not read the Auditor General's report?

"A report by State Services Commissioner Iain Rennie released yesterday found Mr Matthews was accountable, but dismissal "would not be justified" due to improvements he was making."

Did his report to Crusher Collins actually attach responsibility for the prisons debacle to ANYBODY? Or was it really all someone else's fault?

Does Barry Matthews have to tickle Judith Collins' bum to get sacked?

Why would you decide to sell an asset during a downturn?

If it was such a stupid idea, why would you even suggest it publicly?

2 comments:

Psycho Milt said...

Why would you decide to sell an asset during a downturn?

Perhaps because you'd like to become one of the new private owners of that asset and quite fancy buying it at a ridiculously low price? The current owners should get rid of that prick ASAP, he's deliberately driving the value of their stock down.

Anonymous said...

Why would you decide to sell an asset during a downturn?

Because it's not an asset - its a liability.

Almost everything owned by the state or local governments, from libraries to roads to hospitals to schools to ACC to cycleways to power stations to transmission lines and especially Air NZ and KiwiReal are liabilities, not assets

and they should be sold off as soon as possible to anyone who would take them. Not to make a "profit" - because these are liabilities, you're not going to make a profit - but to get them off the books!

Then - perhaps - they will turn into assets for their private owners. But (almost by definition) they are liabilities of the state, and should be got rid of as soon as possible.