Rod Oram has taken another swipe at National in today's Sunday Star Times.
Of course, he's talking about a committee that Labour probably had a majority on from 2005-2008 and therefore probably had the numbers to actually do something about monetary policy if it was so concerned about the asset bubbles Oram seems so concerned about himself.
The National Party members on the committee, led by Bill English, rejected this. They argued that the Reserve Bank should not use such powers to help it achieve price stability, the key goal of monetary policy. Doing so would set New Zealand apart and create cost and confusion in the financial system.How wrong National was.
And I just love his last sentence:
It is cutting itself off from the global debate about how to better run the world economy.Someone should tell Oram that his good friend Phil Goff has already denounced command economics. In any event, economies run themselves Rod. The more political intervention the less efficient they become - you control freak.
Why doesn't he just issue the following disclaimer with his writings: "Oram loves the Left and the Left loves Oram".
Which would be true.
The evidence is here, here, here, here, here, here, here, here, here and here.
It's little wonder National allegedly refuses to deal with him.
By the way, the picture is that of Oram along with John Drexhage and Adrian Macey. Who are Drexhage and Macey?
Drexhage is a Leading Author with Working Group 3 of the Intergovernmental Panel on Climate Change, which received the Nobel Peace Prize in 2007.
Macey was a Climate Change Ambassador during the Clark government.