More corporate welfare and crony capitalism for National’s rich mates
Govt doubles smelter’s carbon subsidy to $75m, overriding officials
The Tiwai Point aluminium smelter will receive carbon credits worth an extra $37 million a year to help it pay its power bills, after Cabinet ignored official advice to boost the subsidy by a lower amount.
What?
Why are we paying them more than advised?
What is it with National paying any level of corporate welfare to get what they want?
It’s not just National’s capitulation to their donors interests at the cost of the common good, it’s their perpetual motion to use the power of the State to actively help the rich.
Look at this…
Public Works Act changes:’It will definitely make it a lot faster’
Infrastructure New Zealand is welcoming the government’s land acquisition incentive payments and a faster process for objections – but Labour says it wants to see more detail.
The changes to the Public Works Act, announced on Sunday, would see owners paid a bonus 5 percent of the land’s value – up to $92,000 – for acquisitions.
Those who chose to sell before a Notice of Intention would also get an extra 15 percent – up to $150,000 – on top of that, for a total of up to $242,000.
On the other hand, those who object – at least, for Roads of National Significance, or projects listed in Schedule 2 of the Fast-Track Approvals Act – will go to the Minister for Land Information or local authority rather than the Environment Court.
Wait.
Wait.
Wait.
Let me see if I can get this completely straight.
The Government concoct a Fast Track list using a corrupted process that sees their Donors interests gain deregulation with little environmental oversight AND ON TOP OF THAT they will pay any effected landowners a sweetheart $242 000 sweetener to the deal ON TOP OF THE MINISTERS THEMSELVES being the ones who will ultimately decide if their seizing your land via a corrupted process is unfair???
Remember, we don’t have the money to not feed our children burnt plastic, but we do have millions for the Government’s pet donor projects?
What the fuck is it with the National Party always bribing you to do what they want?
Remember when Key sold 49% of the Hydro Power Stations and had to add sweeteners to the share sell off to make people buy them?
Key announces three-pronged sweetener for “Mums and Dads” in asset sales
July 22, 2012 (BusinessDesk) – Small-scale retail investors are being enticed three ways to participate in the government’s planned sale of minority stakes in four state-owned energy companies. Prime Minister John Key used his governing National Party’s annual conference in Auckland to announce a low $1,000 minimum holding threshold, a “no scaling back” provision for anyone investing $2,000 and a yet-to-be-determined loyalty bonus for hanging onto the shares for at least three years or so.
…when it’s hungry children, health, public services, they can all go fuck themselves, when it’s sweet heart deals for things their donors want however, there ain’t enough money in the world that National aren’t prepared to use to drown the problem.
You can’t all be this easily manipulated by this hard right Government?
Of course we want investment and infrastructure, but this is a facade being used to drive their donor mates interests NOT the common good!
They are willing to blow huge amounts of our money to get their mates interests sorted.
They know the price of everything and the value of nothing.
The poll results are telling us how deeply unpopular this culture war aggro has become because Kiwis in their hearts aren’t aggressive mean spirited arseholes the way ACT, NZF and National are behaving. We are a very laid back people and the needless cruelty alongside the energy to commit that needless cruelty is seen as trying too hard to be pricks.
National pouring millions to bribe their land seizures from a corrupted fast track process is something most Kiwis won’t see the fine print of, but they know try hard bullying when they see it.
Once you are seen as a try hard in NZ subculture, you are socially dead.
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Power prices going up April 1 by $10 a month. Good work National your tax cuts have worked(sarc)!
Water rates are going up 20% over the next three years in Auckland courtesy of water that works, good job those mugs in Auckland voted for this lot
How much longer can we survive the countless, gormless, knee-jerking ‘new policies’ from this horribly inept CoC? All these ‘new inventions’ are simply to distract us from what is really happening, i.e. more and more money and wealth opportunities for those already sucking the life out of our lovely NZ. Maybe climate events will level the score as the weather doesn’t give a damn how many assest you have, or what you have in the bank! Share more; show some compassion; stop ramming your wealth down the needy’s throats – it’s so sadistic. A living wage for all full-time workers is a MUST! We don’t have to follow what is going on in other countries like a bunch of greedy, heartless sheep e.g. telling people to get a job when there aren’t any jobs! Wake up before it’s too late!
Money and low interest loans for the rich and a kick up the arse for the poor.
This is not new but – amazing – the system has found it is being rorted. Perhaps there is a list of methods whose followers are to be revealed, circulate it, two years before and that gives recalcitrant companies time to draw in their tentacles. Last to go first to be nabbed perhaps. There has to be a regular snatch so who is to be sacrificed? Got to look good for the peeps and for the purposes of the NZ Chancellor/Finance Minister/Revenue Minister or whatever.
https://www.rnz.co.nz/news/chinese-english/556448/reform-eyed-to-tighten-rules-around-debt-avoidance
In the end really, the businesses that work, work, and the businesses that aren’t working need to have subsidies which are capped and, to be honest, if the business models are not working efficiently and the business outlook is not positive, then why should we the taxpayers fund that business at all?
so the smelter gets us to pay its power bill for the next 20 years .But we cant afford real food for our school kids or to build houses to house those same kids .Fucken wake up NZ while you are doing your best to silence the Maori voice a company that make an $8 billion profit a yeAR and pays no tax in NZ get free power for 20 years .