Hard News by Russell Brown

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Hard News: The Cullen investment

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  • dc_red,

    There's no way I'm adding to you-know-who's visitor count for the day/week/month, but a very quick trip to You're Vuws revealed this priceless gem:

    People dumped the previous government because among other things it was down by the head with out of tough with reality academics if National appoint him to an SOE position Key needs a good kick in the dusters

    Where, prey tell, are the dusters located?

    Oil Patch, Alberta • Since Nov 2006 • 706 posts Report

  • Russell Brown,

    Best from KB?

    Righto Neville Key, that is it as far as I am concerned.

    Your time as leader of the National party has come and gone

    Or ...

    Key could have whipped his member out of his pants and pissed on National supporters, and it would still have been less offensive than appointing Cullen to chair a SOE board.

    The poor dears have mistaken their own frothing for reality.

    Auckland • Since Nov 2006 • 22850 posts Report

  • Gareth Ward,

    Good position for him. Officially only Deputy Chair for now, but presume Bolger will be off to something else shortly...

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

  • Paul Williams,

    I like Michael. I remember him getting bumped up when Caygill stepped aside to quell the leadership challenge to Helen. That they went on to be such a strong leadership partnership probably wasn't thought possible at the time. Key's done well to appoint him to Post. Hope the renewal of Labour doesn't involve too many retreads!

    Sydney • Since Nov 2006 • 2273 posts Report

  • Gareth Ward,

    I can usually see the (twisted) logic that DPF uses over at Kiwiblog, but simply don't get the outrage over this? (I am course referring only to the relatively reasoned DPF rather than the nutjobs he attracts)

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

  • Paul Litterick,

    i'm with Russell on Tracey Island

    Send us a postcard. There will be a zeppelin coming by to collect the mail any time soon

    Auckland • Since Nov 2006 • 1000 posts Report

  • JP Hansen,

    I pick Michael Cullen to helm International Rescue.

    Waitakere • Since Nov 2006 • 206 posts Report

  • Russell Brown,

    I can usually see the (twisted) logic that DPF uses over at Kiwiblog, but simply don't get the outrage over this? (I am course referring only to the relatively reasoned DPF rather than the nutjobs he attracts)

    No, I can't see it either, but it's all framed very much in terms of the party base and the "confusing message" it supposedly sends to them, rather than anything a normal person should care about.

    Auckland • Since Nov 2006 • 22850 posts Report

  • Gareth Ward,

    In which case, all your base are belong to Cullen?

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

  • Russell Brown,

    And the actual announcement:

    Former Labour finance minister Michael Cullen is leaving politics to take up the deputy chairmanship of New Zealand Post.

    He replaces Ken Douglas at the state owned enterprise, which is chaired by former Prime Minister Jim Bolger.

    Dr Cullen held a media conference this afternoon to announce he had accepted the position and was retiring from politics.

    State Owned Enterprises Minister Simon Power confirmed Dr Cullen's appointment.

    "I intend to offer 22 new appointments, one elevation of a deputy chair to chair, three elevations of a director to deputy chair, and 20 reappointments," he said.

    "Hon Dr Michael Cullen has been appointed to the board of New Zealand Post, and is expected to become deputy chair in the medium term."

    Auckland • Since Nov 2006 • 22850 posts Report

  • Russell Brown,

    Next question: Will Judith Tizard really go back there? It would be a poor choice for her.

    Auckland • Since Nov 2006 • 22850 posts Report

  • ScottY,

    No surprises about Kiwiblog then. The last time I visited that site I felt like I had to wash.

    It will be interesting to watch whether the Opposition is able to effectively criticice the performance of these SOEs without besmirching Cullen's good name. So potentially a master stroke by the evil genius Key.

    West • Since Feb 2009 • 794 posts Report

  • Rich of Observationz,

    Of course, the DPF fanclub would probably want to put Sir Allen Stanford in charge of Kiwibank. And elevate him to Baron, maybe.

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Gareth Ward,

    It will be interesting to watch whether the Opposition is able to effectively criticice the performance of these SOEs without besmirching Cullen's good name. So potentially a master stroke by the evil genius Key.

    There was never going to be too much for the Labour party to attack in Post though. Unless they're going to sell it I suppose!


    But looks like Bolger will move on to something else (wonder what?) and Cullen will then get Chair of Post. I presume that the Post board elects the Kiwibank board and voila.

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

  • Gareth Ward,

    Bolger is currently Chair of both, right?

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

  • ScottY,

    There was never going to be too much for the Labour party to attack in Post though. Unless they're going to sell it I suppose!

    An eventual sale of Kiwibank is always a possibility though, whatever denials Key may have uttered in the past.

    West • Since Feb 2009 • 794 posts Report

  • James Green,

    Perhaps someone should point out on Kiwiblog that National really is just Labour Lite. And that they should consider themselves lucky that Helen got an international post! </tongue in cheek>

    Limerick, Ireland • Since Nov 2006 • 703 posts Report

  • Caleb D'Anvers,

    Beaming in, as thought from some alternate universe, a new essay by John Quiggin, the first in the Whitlam Perspectives series: An Agenda for Social Democracy.

    Excerpt:

    The global financial crisis will have long-term effects going far beyond finance and economics. There is already a reaction against the consumption culture that has become steadily more extreme over recent decades, as the restraining influences of Depression-era frugality and the anti-materialist idealism of the 1960s faded away. At this stage, the reaction is superficial and unlikely to be maintained in the event of a rapid return to pre-crisis conditions. But such a return is improbable. Even when economic growth and employment recover, the effects of the crisis on wealth and debt levels, and on access to consumer credit are likely to persist for many years.

    Going beyond specific policies, the failure of financial regulation leading up to the crisis is likely to lead to a re-evaluation of ‘light-handed’ and ‘incentive-based’ regulation in all areas of public policy. Similarly, ideas such as New Public Sector Management, promoted largely on the basis of the supposed superiority of private sector methods, will need to be re-examined.

    Write-up from The Australian .

    London SE16 • Since Mar 2008 • 482 posts Report

  • Caleb D'Anvers,

    thought = though.

    London SE16 • Since Mar 2008 • 482 posts Report

  • Steve Barnes,

    Bolger will be off to something else shortly...

    I hear leader of the National party might be up for grabs. Did I just hear "Let's do the time-warp" on the wireless?
    ;-)

    Peria • Since Dec 2006 • 5521 posts Report

  • Tom Beard,

    Of course, the DPF fanclub would probably want to put Sir Allen Stanford in charge of Kiwibank. And elevate him to Baron, maybe.

    Only because Ayn Rand is currently unavailable.

    Wellington • Since Nov 2006 • 1040 posts Report

  • uroskin,

    Here on waiheke Island we have inorganic rubbish every week assembled at the Ostend market and sell it for cash.

    Waiheke Island • Since Feb 2007 • 178 posts Report

  • Rich of Observationz,

    Here on waiheke Island we have inorganic rubbish every week assembled at the Ostend market and sell it for cash.

    There's a large red shed in many larger NZ suburbs where they do the same.

    Back in Wellington • Since Nov 2006 • 5550 posts Report

  • Gareth Ward,

    And the Auckland Super City is a done deal BUT with 30 Local Boards. I'm much happier with that.
    No change to the at-large SuperCouncillors elected by block voting though.

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

  • Gareth Ward,

    Sorry, UP TO 30 local boards. Disappointed in having presumably 6 wards (12 councillors) for SuperCouncil though - should have been one councillor per Local Board level to avoid confusion and properly integrate them IMO

    Auckland, NZ • Since Mar 2007 • 1727 posts Report

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