If there’s one thing that shows how crosswired the left are its how often they make the claim that NZ is on the road to hell because of the unbridled capitalism encouraged by John Key. According to the left, we’re suffering because of a rampant free market that is exploiting every last cent from the long suffering masses they like to collectively call the “poor”.
Well, as usual, the left are wrong. I don’t really know how wrong, because I can’t claim to know how much of a real free market remains in NZ anymore. I do know that the Govt injects around $100 billion into the economy and that this is a fair slice of the market, so it can’t be that free.
Local govt too is spending large into the private sector. Today I read the news that Wellington city council had loaned a certain company $300,000 to set up a call center in the city. The call center has failed, its workers were laid off and the ratepayers have done their dough.
The guy who set this up probably calls himself a businessman. He might even be one of those champions of free enterprise you see commenting on blogs like Whaleoil and Kiwiblog, where they can’t wait to slag off the unemployed, Maoris, or anyone else who gets any “handout” from govt.
In fact he’s not any kind of damn businessman, he’s purely and simply a cronyist. A socialist cronyist who dipped his hand into the taxpayer’s pockets by way of a bunch of sleazy bureaucrats who insanely imagine they have some super ability to pick winners in business. The bureaucrats are cronyists too.
This is a process that scars NZ business but in fact its happening right across the Keynesian socialist west and its getting worse with the impact of the climate change fraud. Billions of dollars are being dished out to “innovative technology companies” because of the dire threat of AGW. Utter and complete bullshit. There’s no real threat, the whole thing is merely a means for more cronyism which gives the left more of what they want above all and that is POWER.
There’s no damn free market. There’s merely a mass of cronyist dealings between fake businesmen/ women and politicians and bureaucrats and these deals intrude into just about every facet of our lives. Leaving aside the issue of how much of this money is wasted.
Nick Smith has given away millions in his loony green business subsidies but trying to find out whether there was a real pay off is almost impossible. New Zealand Venture Investment Fund and New Zealand Trade and Enterprise and the Callaghan fund are all similar operations and I’d guess the few occasions we have heard of failure there are only the tip of the iceberg.
The Callaghan fund has 358 permanent and 41 part-time employees and a total payroll of $37.3 million. The average pay is estimated at $98,500 per annum. This is before any employer superannuation or KiwiSaver contributions. NZTE has a payroll of $67 million.
I see the breakfasts lunches and dinners, where Joyce or Key are there among their back slapping mates, all pretending to be businessmen and or sharp political operators when all they really are is a bunch of thieves helping themselves to other people’s money. One side is there for the free money and the other side, the politicians, for the votes. The bureaucrats are there to entrench and enrich themselves.
As a small govt Conservative I acknowledge that govts need to spend some taxpayer money, but that expenditure should be severely limited and only what is necessary to complete the role of governance. Defence forces, record keeping etc. Money should not be taken from hard working families and gambled on fast talking cronyists intent on making a buck by scratching the backs of crooked self serving bureaucrats and vote buying politicians.
I detest all of these cronyist swine, not only for their amorality, but also because of the impact their shady deals have on real businesses, that have to bear the commercial brunt of the cronyists’ folly.
It can’t go on forever. With debt rising exponentially, we have to get back to real free markets and more importantly real productivity. That means leaving it to real business. Its means people who earned the money spending it themselves, and not having it taken from them by self serving political crooks. Let’s hope we can collectively wisen up before the whole damn rotten scenario collapses in its own economic excrement.