Friday, May 27, 2011

They'd Better Get Off Their Arses...Updated

...The Gnats, that is.

Otherwise they'll have another 'mining' debacle on their hands. Today's digipoll gives them the message loud and clear. This is what happens when you mooch about and let the other side set the agenda. There's been zero effort to counter the Labour lies and propaganda. For fucks sake, folks - they are NOT ASSETT SALES.



Perhaps one way to beat the Kiwi dumbarse mentality so assiduously cultivated by Labour would simply be to open up these SOEs to partial purchase by the Cullen Fund and Kiwisaver fund managers, with no further private participation permitted. Then Labour could cop the blame for preventing ordinary Kiwis from talking a personal stake in these assets.

It's a pity one is unable to see the trend from the last Digipoll. If I can find it, I'll do an update.

Adolf had a bit of a chuckle at the preferred PM figures. The Harawira family will be laughing its collective evil arses off at the news that Hone has got more chance than Don Brash or of becoming Prime Minister.

Updated:

The last herald Digipoll was taken in December 2010

Today's results, rounded, put:-

  • National up ----- 2%
  • Labour down --- 3%
  • Greens no change
  • Act up ---------- 1%
  • NZF no change



Link

13 comments:

Tinman said...

I'd suggest that the poll shows that Hatfield and Brash have exactly the same chance of becoming Prime Minister, in fact any minister at all.

Worrying though that 1.6% of the population would vote Hatfield and again raises the question; Why do we let these people vote?

Anonymous said...

Shares form part of a business asset base as they have a value (although that may vary). Exec's have been paid lots because shares have gone up and, on paper, made the company worth more.

When those shares are sold, and the possible returns with them, that seems to me like an assett sale. Not the whole thing maybe but, irrespective of that, a transfer of wealth where the Chinese (I suspect not the Cullen Fund) will be banking that their spend makes a decent return for them. That is unlikely to be win win for them and us over time.

Maybe I'm thick but I see it, depending on exactly what gets sold, as the start of further loss of control and sovereignty. I'm getting sick of the trend when the govt is doing nothing to address key issues like debt and spending that are the real problems needing attention.

If we could put in mini hydro or a windmill without the RMA hoops maybe it wouldn't be such an issue but the govt (of any colour) has you by the nuts either way and, without freedom, who controls some key infrastructure should not be ignored. I'm not adding to the debt as far as I can see so you people that are sort your shit out.

Adolf Fiinkensein said...

Anon 12.55

You confuse 'asset sale' (where control is lost) with 'sale of minority equity share' where control and majority profit share is retained. I set up a number of these arrangements for progressive farmers a few years ago.

Further, in you blinkered myopic state of delusion you have failed to factor in the profits and progress to be gained by the acquisition of new assets with the proceed from the equity buy in.

Anonymous said...

"Further, in you blinkered myopic state of delusion you have failed to factor in the profits and progress to be gained by the acquisition of new assets with the proceed from the equity buy in."

Bollocks. They will pay off debt.

I see your point about equity share and qualified my concern because we don't know exactly what is proposed but I never presume that our politicians will not cave in to other more powerful politicians once there is a chink in the armour. I remain sceptical because politicians are fundamentally untrustworthy and often incompetent. They are like the pharma business - get rich treating symtoms while ignoring the cure.

Adolf Fiinkensein said...

Anon 3.26

You seem to have forgotten that both Messrs English and Key have made it very clear the proceeds of " an equity buy in to SOEs" will be used to purchase new, high quality assets.

Anonymous said...

Political promises can be trusted? Yeah, right.
C'mon Adolf. They need to fix things, not patch the patches.

Four legs good, two legs bad / better / best.

Anonymous said...

proceeds of " an equity buy in to SOEs" will be used to purchase new, high quality assets.


Fucking stupid. We've got too many "assets" (really liabilities). So we'll flog 'em off ... and then use the proceeds to buy more shit??

Just because Hellen bought back AirNZ, KiwiRail, recreated KiwiBank and the old Post Office (UFB)
etc etc doesn't mean its a fucking good idea


Which part of $100 BILLION debt don't you understand? We should sell all the fucking assets as quickly as we can, and try to keep the economy not completely fucked.

Or didn't you notice today's downgrade?

Adolf Fiinkensein said...

Sinner - change the record, why don't you?

Are you too fucking dumb to realise roads, schools and hospitals are assets?

Psycho Milt said...

The invented persona "Sinner" is indeed too fucking dumb to realise that, as he is too fucking dumb to realise the difference between private and public debt, and the effect on overall debt of transferring even more of the country's industry and finance to foreign ownership.

His creator also agreed to post less often here, but seems to have forgotten that. I haven't.

Anonymous said...

"Are you too fucking dumb to realise roads, schools and hospitals are assets?"

This is a two edged sword.

The roads in Chch look like assets that are rooted and need repair / replacing at big cost. Lets borrow some cash against their asset value and watch the roads pay it back with interest.

The school down the road from me just got demolished because it was spare and no one wanted it. The school age kids had tagged and smashed it as well so the education bit was clearly working well and paying a dividend.

Hospitals can generate a return but we don't treat them like investments. Had reason to use one briefly this week. Good care. Most excellent nurses and radiographer, absolute gems. Radiographer had beautiful eyes. Thanks ladies. If the Health Dept admin was half as good maybe we'd be in with a chance.

What's next Adolf? Welfare beneficiary pool an asset?

Anonymous said...

Roads are liabilities.

Psycho Milt said...

If you're a pukeko.

Anonymous said...

Selling off only 49% of power generator assets is smart? I thought the objective was to bring private sector competition into the power sector to free up capital, pay down debt and keep prices down at the same time.

As usual national simply want to do half a job which to them means being "balanced and responsible" while staying the regulator just to appease the left.