Thursday, August 08, 2013

Selling out New Zealand

So, the government has cut a deal with Rio Tinto to keep Tiwai Point open: Meridian sells them less electricity at a lower price, and the government subsidises a foreign corporation to the tune of $30 million. And the upside? They get to sell Meridian to their rich mates without the threat of its biggest customer walking (and Genesis without the threat of their part of the electricity market disappearing as a result).

This deal does not benefit New Zealand. The only people it benefits are foreigners and the rich parasites who want to steal our assets. It is now crystal clear who National is representing in government - and it isn't us.