The deliberately false and misleading headline is bad enough on its own:-
"...dearer power feared if stakes go"
Hang on a minute! No stakes are going anywhere. The gummint is retaining a controlling 51% plus stake. However it gets worse when Goff opens his mouth.
Labour leader Phil Goff said the proposal was a "recipe for soaring power prices" and foreign ownership of the assets.
Oh dear, Mr Goff. These just happen to be precisely the same state assets which, when controlled by you and Cunliffe just four or five short years ago, ripped New Zealanders off to the tune of $4.5 billion dollars through price gouging and collusion and YOU KEPT THE FUCKING MONEY!
Then he wins the lame award with this gem.
"Mum and dad investors might get the first bite, but they quickly gravitate to the big investors overseas. Everyone knows that."
Funny how that doesn't seem to have happened with Air New Zealand, Mr Goff. Mums and Dads seem pretty happy. They were pretty happy also with Auckland Airport and its large shareholdings by local government -until you and your colleagues interfered and stripped away a couple of billion of their share value just for the sake of your blinkered ideology.
The final demolition is left to non political Sue Chetwin of Consumer NZ.
Consumer NZ chief executive Sue Chetwin agreed with Mr Key's assessment that electricity prices would not increase with partial privatisation.
"The power companies over the past 10 years have been rapacious in putting up their prices and I don't see that making part of the company available for the public to invest in will make much difference there."
However, Ms Chetwin said companies would become more transparent and would have to explain their actions to the public.
Kinda sums it up pretty well really. I like that word 'rapacious.' It accurately describes Goff, Cullen and Clark.
Nobody seems to have noticed but Cunliffe appears not to have given Goff the right script.
"We can unleash state-owned enterprises to create and grow new subsidiaries with private partners and shareholders," he said.
And finally, I hope all those Hammeroids noticed Mr Key quietly foreshadowing further asset sales for next parliamentary term. Hammeroids tend only to notice anything over 120 decibels.
Mr Key said none of the other state-owned enterprises were being considered for sale. However, more sales could be possible in 2014 or after.