(NZ & Russia) Freedom / Cullen's Clumsy Comptrolling / (um, Race)

Mark Hubbard's picture
Submitted by Mark Hubbard on Mon, 2008-03-03 19:56.

For well over eight months now, there have been negotiations for a foreign buy-in of the Auckland Airport. Before this period a Dubai consortium was unceremoniously given the finger, I think, because they were Arabs = black men = Muslims = Jihadists (at least, that's as far as I could tell the only real motivation obvious in the shenanigans of the applicable Auckland councils who destroyed the deal. There is certainly one thread on this forum devoted to how a Dubai based buy-in would have been an horrific eventuality precisely due to this very fact, regardless of any considerations of free capital, open markets, etc, which obviously have to be subservient to issues of race and religion ... albeit, I am personally confused at how we strive for freedom from this foundation. ... Never mind, I'm wandering, sorry Linz Smiling although, this is not stalking, just making an observation based on the facts of reality.)

Then the Canadian Pension Plan decided it would be a good investment, but over an eight month period their intentions have been constantly thwarted by a (white, European) Finance Minister who is clueless, and completely out of control - first making complicated tax policy by press release which has had the effect of constantly changing negotiations (the last press release concerning stapled stocks is going to have an extremely adverse effect on the NZ economy long term), and now, on the eve of the CPP finally having an agreement from shareholders, this Government has changed the Overseas Investment rules, again, overnight, and so this morning it appears there is now no option for CPP other than leave the table.

Even that Lefty economist, Brian Gaynor, was on Breakfast this morning stating categorically that NZ is now on the way to becoming a 'joke', and seen as a dangerous place to do business internationally.

Investing in NZ is looking about as sensible an option as giving your money to that tyrant, Mr Chavez, (as at least one big oil company has found to its detriment in that tin-pot dictatorship.)

 

And, anyone watching CNBC over the weetiebix would have seen Russian protesters against the new President there, an obvious lacky for Mr Putin, being carted away in trucks. For there is a mammoth monster arisen in the East who is in my opinion the biggest threat to the course of freedom today: Mr Putin, who unshirted and flexing, wants to put us all back to a Cold War (I hadn't thought of it until this point, but perhaps he's just got the whole Global Warming thing wrong? Anyway ...)

(And whilst still cooling my heels, I just have to say, that one of us on this forum, perhaps two, will be confused and shaken by this because Mr Putin is not only white, but he hates Muslims. Go figure! Well, the answer to this conundrum is that his biggest hate is simply freedom itself. Individuals are a threat to him, as they are to all tyrants. So we must never forget the Individual (the wellspring from which the only sort of freedom that matters can be possible.)


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Cullen the Magnificent

gregster's picture

Clarkie, Cullen and Peters competing with Zimbabwe and Brussels in the mendacious stupidity stakes.

"International investors will "need to prove that what they're intending to do is in New Zealand's national interest," the Finance Minister said."

Prove to who?

But our government can't run a piss-up in a brewery!!


AIA will be closing down

Mark Hubbard's picture

AIA will be closing down over 10% today. A huge hit to shareholder wealth due to the by proxy nationalisation of the airport by a Government that can only be seen as Communist.

NZ now definitely designated overseas as a high risk country.

Bleak days.

 

(Hey, but we've kept the Muslims out who were trying to take us all over via a back door listing (well, a zillionth removed through cross shareholdings) on the camel hump of the grossly Islamic Canadian Pension Fund. Sheesh.)

 


Go to Not PC Blog

Mark Hubbard's picture

Of course, Peter Cresswell has covered the Auckland Airport issue well in his Not PC blog of 4 March. Be especially sure to follow his Bloomberg link.


Cullen: "no doubt" public wants assets protected from foreigners

Mark Hubbard's picture

More on the Auckland Airport / Overseas investment rules fiasco.

 

I wish Cullen would stop trying to speak to what 'I' want. 


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