Share Investor: Free Market to Pollies: We dont want you!

A commentary on the current credit meltdown and the political left's involvement in it.

Share Investor: Free Market to Pollies: We don't want you!

Contrary to popular belief it isn't the so-called "free market" that is responsible for the financial collapse but meddling politicians of all colours but mostly the left.

Little do those of us know in New Zealand though that the Labour Party are also developing our own future Sub-Prime meltdown.

Helen Clark and Michael Cullen have had a heavy deleterious hand in their economic buffoonery approach to our current gloomy financial condition and for the past 9 years their sticky little socialist fingers are brown with taxpayer poo trying to extract every last dollar from our pockets.

It is set to get heavier and shittier if they are returned to office.

c Share Investor & Political Animal 2008

Priveleges Committee's light censure redefines Helen Clark's meaning of "trust"

The report into the Privileges Committee hearing into Owen Glenn's $100,000 donation to Winston Peters has just been released and it looks like Kiwis are going to be whitewashed by Labour and its political bed mates, again:

The privileges committee has recommended Winston Peters be censured for "knowingly providing false or misleading information on a return of pecuniary interests".

In its report the committee said it found no evidence that Mr Peters made an "honest attempt" to find out whether any donations had been received before making his return in February 2006, despite his knowledge of his arrangement with Mr Henry (Peters' lawyer Brian Henry) and the likelihood of donations being received towards his costs.

The report recommended that, within seven days of the House ordering him to do so, Peters be ordered to file amended returns for 2006, 2007 and 2008 to include "all debts, gifts and payments in kind that he has not previously registered".

The report went on to say that the majority of committee members believed Mr Peters "had some knowledge of the $100,000 donation".The report said a majority of committee members believed Mr Peters had committed "a contempt".

NZ Herald

It looks like Peters is going to get hit over the knuckles with a wet bus ticket even though the majority of the Privelges Committee believed Peters had "committed a contempt" because it doesn't appear he is going to suffer ANY substantial penalty for lying to Parliament about whether he got the donation and then lying to the committee, breaking electoral law by not declaring the Glenn donation, and compounding the whole sordid mess by making up stories as the saga unfolded.

The light finding is basically due to the representatives on the Privileges Committee from Labour ,The Maori Party and The Green Party not finding the compelling evidence furnished by Owen Glenn valid over the fabrications of Winston Peters and his lawyer Brian Henry.

Most Kiwis lay on Glenn's side because Winston's story is, well, made up.

It just goes to show when the Prime Minister said last week that "the election was going to be about trust", little did we know is that it excluded her from her own description because she clearly cannot be trusted.

Of course we know Helen Clark has lied over her own involvement in the Owen Glenn/Peters donation scandal so it is in her and her parties interest for the finding from the Privileges Committee to come down the way it has.

Gag me with a spoon, because I think I am going to be sick.

c Political Animal 2008

VIDEO: Roger Douglas takes out the trash

An excellent rundown by one of New Zealand's greatest finance ministers about how Labour's out of control spending has got us into trouble and what we have to do to get out of it.

Roger Douglas and his ACT party have the best economic policies of all the political parties running for the round house this year.

As in 1984 we need a massive change in the way we run the economy to lessen the cost to New Zealanders and stimulate an economy that has been taken up the backside for the last 20, especially the last 9 years of economic buffoonery from the good Dr of History, one Michael "Ive only got one ball" Cullen.

c Political Animal 2008

Head Prefect transfixed by Winston Peter's baubles

Helen Clark has stated today that the return of Winston Peters to his portfolios is "unlikely" but she is unwilling to sack him either.

This leaves him, her and us all in some sort of twilight zone type political no mans land, where Peters is neither here nor there but he still receives his taxpayer funded baubles.

Clark believes that the privileges committee hearing into his acceptance of $100,000 from Owen Glenn is "politically biased" and that National Party members had already made their minds up to Peter's guilt or otherwise:

The Prime Minister said the committee investigation had become politicised.

"This process has become so politicised, that it's clear that some MPs went into that committee having made up their mind before they had heard a single piece of evidence," she said.

"I think that members have to be very careful not to go beyond the evidence to draw conclusions which are fundamentally politically motivated."

Helen Clark said the process had been "tainted from the outset" and for that reason she was unlikely to be forced into a decision over Winston Peters this week.

NZ Herald

The Privileges Committee is of course made up in equal parts from the parties in the house so any perceived bias on Clark's part is effectively cancelled out by the committee members and their political affiliations.

What is very interesting is that Helen Clark will not make a decision to cut Peters completely free in the face of proven lies on Peter's part and 3 separate investigations into his donation history. 

Clark's position here looks bad . She looks every bit the possum caught in Winston Peters big brown political headlights and will not move in the face of political pressure from opposition parties, overwhelming public pressure to see Peters sacked and even from insiders within her own party.

Clark's part in the Owen Glenn donation saga is still up for question, she has lied and obfuscated the truth over this matter and it doesn't look like we are going to get anywhere near the truth at all.

The Privileges Committee is due to come out with their decision on Peters tonight and it would defy logic and all the evidence placed before it to come down in Peter's favour but the ironic thing is that because of political bias from Clark's representatives on the Committee, Peters is likely to walk free, when he should be in leg irons in Mt Eden Prison.

c Political Animal 2008