Monday, March 04, 2013

Selling us down the river

So, National is moving forward with its plan to privatise Mighty River Power. Its disappointing, but not surprising. After all, the purpose of the National Party is to enrich the few at the expense of the many, and this will do exactly that (while leaving the country worse off in the long term - and that's according to Treasury, not me).

A few rich pricks will get shares. The rest of us will get reduced government services as a result of the loss of revenue, and higher power prices as the new owners pillage us to recoup the cost of their investment. And meanwhile, all Labour does is shake its stick like an impotent old man. They won't even sabotage the sale by promising to renationalise at a loss to the thieves. Which invites the question: what fucking good are they as an opposition, if when push comes to shove there's nothing behind their words? They're useless, utterly useless.