The Election Between Centre Right and Far Left – We Wish!!

Oh the irony of the Prime Minister of a government whose whole trade policy revolves around not doing anything to upset China, describing the upcoming election as a contest between the centre right and far left- as though the far left is the scary part!

Labour and the Greens far left? Only in our wildest dreams. Centre right? National with coalition partners like the Conservatives and ACT. This election is potentially more like far right versus centre left. And that should cause concern to anyone but the mega wealthy. Continue reading

Vote National Out!

Once again we are in an election year. The calls to vote out the National government are coming thick and fast. And the Alliance Party endorses them wholeheartedly. The trouble is the calls are coming from people who have never voted for National and have no intention of ever doing so. In a sense, they don’t count.

At the risk of stating the obvious, the only people who can vote out the National government are the people who voted them in. So any campaign for a change of government needs also be a campaign to change the minds of at least some of the people who voted for John Key and the National Party in the last two elections. Continue reading

The Government Should Stop Taking Economic Advice from the McDonald’s Website

“Selling some of your unwanted possessions on eBay or Craigslist could bring in some quick cash.” is apparently the advice offered on the subject of ‘Digging Out From Holiday Debt’ by McDonald’s McResource Line. McResource Line is a website the company runs to provide its U.S. employees with financial and health-related tips.

It seems the National government has taken their advice to heart, except that it’s not unwanted holiday gifts they are selling off, it’s our essential assets; such as power companies carefully built up by previous generations of taxpaying New Zealanders so that everyone could afford to heat their homes. Continue reading

Would the Real Left Wing Parties Please Stand Up?

The Alliance Party is amused and, quite frankly, confused, to hear John Key repeatedly refer to a possible Labour/Greens coalition as a “far left” government in the media these days.

Key bases his assessment on their new power policy which would see a government provider buying all the power from generators. However Key should ponder the fact that the state owned all aspects of power generation and the distribution of electricity right up until 1999. And no one ever described the Holyoake and Muldoon led National governments of this era as “far left” because electricity was state owned.

Not that being a “left wing” party is a bad thing. For the majority of New Zealanders, having a genuine “left wing” coalition government would be very good indeed. Continue reading

Advice to Mum and Dad Investors

I was impressed and excited to read a local finance broker’s advice to potential “mum and dad” investors in privatized public assets in the Otago Daily Times (Friday 6 July 2012).
Mr Chris Timms of Craigs Investment Partners says any complaints about ordinary Kiwis not being able to get in on the sale of the 21st century are misplaced.
It comes down to lifestyle choices and priorities.
Cut out the cigarettes and takeaways, and you can be in to win.
As Mr Timms says, you can save money, be healthier and buy some shares.
I agree.
It is a well known fact that the working classes of New Zealand expend their lives in a haze of cigarette smoke, while simultaneously pouring jugs of beer down their throats and stuffing their ample jaws with burgers and chips.
It’s amazing they actually find time to work full time and raise families.
In some cases, they linger on well into their seventies on superannuation (another drain on the economy.)
We need to buy back the assets we already own because we needed to give tax cuts to high income people, like finance industry high flyers for example. Continue reading