I was fascinated to hear Pam Corkery, doyen of 'progressive' intellectual thought and deed, argue this morning on TV1 that there was no need for the Government to contemplate asset sales or changes to WFF or the student loan scheme as all John Key needed to do was to go to his mates in the IMF and World Bank and all the money we might ever need would come gushing down like mana from heaven.
Is her thinking so shallow that she fails to understand or comprehend that in return for any assistance those financial institutions will demand of New Zealand a slash and burn approach to the very things that she sees as sacrosanct .
Just reflect on the conditions imposed on Greece and Ireland by those same financial institutions in return for bailing them out. Rioting on the streets of Athens and last weekend, the Irish Government turfed out of office.
I suspect, and Government is starting to signal, that some previously sacred cows are now 'on limits'. The trick is to manage that process in a responsible way.
How is it that those on the 'left' remain convinced that we can have our cake and eat it too and that some benevolent Japanese housewife will continue to pick up the tab at no cost to us at all.
God help us if these idiots ever get control of the Treasury benches again.
March 1st, Whaleoil will no longer be number one
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