While we are waiting.lots of ums and aaah and careful thought before each sentence.
Listen: Bill English's police tape
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While we are waiting.lots of ums and aaah and careful thought before each sentence.
Listen: Bill English's police tape
It's all too ridiculous for words. MMP needs a fair bit of fine tuning. If the 3 parties were 25% to 35% each - then they could battle out a coaltion which would be acceptable to most of us. But a party with 7% holding the power to punch a million miles above its weight is a worry. Whatever he decides will leave a lot of dissatisfaction. I'd like to see us revisit the supplementary option at some stage - and while I'm at it I think Peter Shirtcliffe deserves a knighthood.
Ok fair enough, there is always next time. I will keep you informed of any juicy odds on the Labour party if and when they come up :) I am very conflicted now as a Labour win is a good financial windfall :) ah well can't win em all.
Hopefully Winston announces something soon, he may not last the distance otherwise.
The most recent update I could find on the talks.
https://www.stuff.co.nz/national/pol...ecret-meetings
Drop threshold to 1%. That way if you get one percent you get a seat. That then gives the big winners more options to go to during coalition talks. For example say a true "green / environmental party" got a seat then that party could be wooed. This would ensure more "right" "left" or "centre" parties had an opportunity to be in government.
Other change would be to allow the party that won the greatest proportion of Party votes first option to form a government. So the vote leader gets first dibs on the smaller parties to see if a coalition can be formed. If not Second largest party gets a shot.
Third change would be that Special votes have to be processed by polling day so they go into the count on that day. If you cant get your vote in in time tough.
Though in the end none of its a big deal. Every one has continued to get paid, the wheels of commerce continue to turn. The markets dont mind the delays. The NZX50 has gone from approx 7770 to 8120 which is a bloody shame as I was banking on it tanking a bit over this period.
To my mind this is a lose, lose situation. The party that goes with Peters will be totally compromised and they will need several elections to recover.I would love to see National walk away from the deal right now and simply declare that an agreement to govern with NZ First is not in the national interest. Seven per cent of the voters and a group of faceless unknowns is not what the great majority of voters sought as a government of New Zealand. But my gut feeling is that Labour will be the ones to make the mistake of stepping into this quagmire.
Brian Rudman: Nick Smith's laxative fails on blockage
Just another reason for Bill to say how far and Winston walking next door to Jacinda and saying lets do this.
We'll know tomorrow afternoon most likely. Looks promising for Labour.
http://www.newshub.co.nz/home/electi...-decision.html
What Winston really thinks of National.
Would Winston want to side with National when they'd obviously only be there for a term at the most? What would happen to NZ First after that?
https://www.stuff.co.nz/national/pol...ng-to-the-left
Surely in the 21st century there's a pill for electile dysfunction?
What Winston really thinks of National. "Trying to con the public" agree with you there Winston, spot on:t_up:
Winston is older and wiser now and wants to leave a legacy so I'm seeing a stable and successful partnership for 3 years; too many folks here stuck in the past.
If he wants "stable" that would rule the Greens out and "successful" would rule out Labour.
Wheras National were successful in leading the country with stable government (How many leadership battles were there?) for 9 years and were successful in getting the most votes in 2017
Once a coalition sweeps into power (every nine years is the pattern) it's quite hard to get them out again before it's due, they hold most of the cards. National survived with a figurehead PM, he was not a statesman. They held onto many of Labour's policies and had to appear centrist, while trying hard to get in some neoliberal activities like selling off crown assets and keeping ACT alive, all the time using dirty politics to split the "Not National" vote.
The lefties have figured all that out, so this time they have to make a three-way coalition work. We're all adults aren't we?
Latest on what's happening today.
As a National voter, mostly, I fervently hope that Peters goes with Labour. The greens will sink into the ground and the mess that will follow will guarantee another nine years of National starting in less than two years. From the look of Peters recently on tv he will need a lot of vitamins and minerals to survive.
I hope he does too craic .Doomed to repeat ? I don't think so, he is much smarter than that and i believe he wants to leave a legacy. The Greens will have a chance to make a difference environmentally and they will :t_up:. and the timing has never been better. Unfortunately i also believe bill going on his disgusting win at any cost politicking will offer winston Carte Blanche; bill has shown us what cloth he is cut from.
Winston sure is good at screwing out the best deal he can get and i think bill is the man who will give him the most.
Gotta say, while I'm a supporter of MMP I do think it more appropriate that the leader of a coalition government (and Prime Minister) should be the one who makes the announcement on the government.
It is farcical that a Leader of a minor party gets to do this. (excepting of course if the announcement isn't about being in government)
Looks like a dutch auction down to the wire.
Winnie is just finalising his positions on the currency and stock markets.
Some comments on here from the left supporters are that Winston going left will give The Greens a chance to make a difference. I think this is exactly why Winston wants to go with National. Make some serious deals to clean up the rivers and some other environmental issues (that everyone agrees with).Then come next election The Greens have no relevance as the big issue has been dealt with without them. Which is exactly what Winston wants
And media reporting just now that Winston says “I’ve not made a decision yet”. The Board never had a say in it. I hope he goes left
The NZ Herald has a headline notes someone from NZ First has prepared a lectern!
The corpulent opera singer is warming up for an aria... or not.
market is starting to like Labour. Labour being bet at 1.45-1.5 at the moment.
haha was that you. I layed some 1.55 but had plenty of green.
Once again Winston demonstrates how he cannot be swayed by baubles.
Hope these rumours about Labour are right. Would be very boring with English and Peters, and lets face it most national voters are fine no matter who is in power, but quite a few of the poorer members of society need help that they are less likely to get under national
So being left or right depends on your bank balance. A bit of a generalisation.
Time to open a bottle of red :t_up:
Steak tonight
If there was ever a catalyst for a major NZ property correction this would be it ....the three-headed beast
Only positive I can see is that the NZ dollar is plummeting and so my foreign shares shoot up.
Shame the Greens have been shafted yet again.. would be interesting to know if they would've got more influence if they "got" MMP and were prepared to (at least look) like they would work with the NATS
Good on you for keeping the faith El Z. I still couldn't see this happening even a few days ago.
Winston has already crapped on the Greens, announcing this before they have even held their meeting and declaring he is in coalition with Labour only. In other words all the Greens are doing is sitting meekly and giving supply and confidence. I'd be gutted if I was a Greens voter.
Haha, I was drinking a couple of beers with a dude who works in policy for the Greens shortly after the elections.. lets just say it's like talking someone out of their religion... they just don't get it..
It's all positive s far as I'm concerned. It may take a day or two but the poor will remain poor and the homeless will remain homeless. Peters, who can't hold an electorate will be calling the tune and his "ministers" will be running the country.
Dollar dropping like a stone.....
My shares already all cashed up. Tomorrow should give an indication of where they are going.
I watched James Shaw live just a while ago, I must admit I hope they do make some progress on all their core campaign areas. Particularly climate change. It'll be a great relief to see someone other than Paula Bennett (anyone!) take up that portfolio. They are still gathering 75% consensus I believe.
Bill's conceding speech has been archived, here it is. Everyone bravely smiling most of the time and it was quite a gracious speech. I didn't quite agree with all of Bill's comments on how they'd done while in office. He commented that Winston had more say on choosing the next government than National did.
Yes, it must have been galling, but then National tried really hard to squash Winston out of the picture, as he'd noted. In retrospect maybe the implosion of the Greens meant that National's tactic didn't work as well as it could have. And National didn't really have any friends to call on, as it turned out. Maori roll voters really turned cold water on the Maori Party, that was obvious in the polling station results.
EZ and SgtP. I think just about every poster here agrees this was the preferred news. The Greens are lower than a doormat and have no guts whatsoever. They and NZF, both of whom can not even win one electorate, will be gone next time we vote. Probably in 2-3 years time
Great news and i believe a change for the better. Greens are now in and will have an 'apprenticeship" to learn the cut and thrust of being in power.They will be in side later, wisely. The more i see and here Shaw the more i like.
Really impressed with elder statesman Winston Peters, this will be what he will be remembered for and Jacinda will grow into the leadership after leading Labour phenomenally from also rans to "doing this". There will be hiccups and mistakes but i think this country is heading for greener fields for all ,not some. A change for the better. JT over and out of here.
Haha JT. This post of yours has as much credibility as your comments about English giving everything away to stay in Government. As Tracy Watkins has written on Stuff tonight, Jacinda just wanted it more and was prepared to give 5 ministerial portfolios to the minnow that is Winston First. But of course the baubles of office don’t interest him !! The Greens gave away their soul to become an irrelevant and useless prisoner of a NZF-Labour Government. Their last term in parliament I reckon
SgtP. We will see. My view is that we are highly likely to see a 2 party parliament after next election that will not be later than this time in 2020, possibly earlier !! Just glad I have most of my shares and income in foreign currency earnings so personally quite satisfied with the NZ$ weakening 👍
NZ will be the envy of countries around the world. Most countries are trying to debase/devalue their currency to make their exporters more competitive. If the new govt is responsible they have done well even before moving into the beehive. NZ as an exporting/trading nation just got more competitive. Sad about the boomers annual overseas holidays though. Maybe they can visit other parts of NZ, we have a great country.
We do have a great country.. But there's a huge price to pay for devaluing the currency - called inflation. We are not an exporting country, we are a trading country and lower currency raises the price of most things. Expect big demands for wage increases. Make sure you're in a position to benefit from inflation. No show of meeting target of 200 houses per week if immagration is cut leading to shortage of tradesmen - and building material costs will rise. Unbelievable to hear Peters preaching doom and gloom on the economy even before the coalition ink is dry.
Good luck to this govt. I'm not sure who, if any, will benefit from this arrangement. Obviously not my cap of tea, and I struggle looking at Peters' track record to believe this will last, especially as so many policies between L and W1st conflict, and with a degree of instability as they are a minority govt. without the Greens. Time will tell.
Minimoke and FP I guess you can put a negative spin on anything. As you may know I have been very unhappy about the unending attempts to raise inflation as I see it as ripping off the savers to help the borrowers. From what I read the whole world is trying to induce inflation to achieve this, so from what your saying before even setting foot into the beehive the new govt. has not only made NZ more competitive with a lower dollar but will help the Reserve bank meet its 2% inflation target without the need to drop interest rates further. I was under the impression this was a left leaning bleeding heart type govt dishing out money to no-hopers while robbing the rich of their hard earned wealth. It turns out they are also financial geniuses who will be the envy of govts and central banks across the western world.
Just a matter of having your investments in another country if the currency rate bothers you. My shares are through a multi- currency with the ANZ bank. Most investors won't be bothered.
It'sthe end of NZF and Winston Peters (see also the LDP Party in the UK and many other cases of the minor coalition party being dragged right down/wiped out in the polls). Interesting thing, will it last 3 years? Ill health/bye-elections, defections by mavericks, fit of pique by Winston, Green Party discover they do have a backbone somewhere....
No I just call it as I see it. First thing that will go up is petrol. That means it is going to be more expensive for low paid workers to get to work. It means freight costs will go up so hungry people will pay more for the little bits of food they can afford to pay. Imported housing materials will go up in price so rents may rise as more pressure is put on landlords to make comfy houses. How is inflation good for peopel in poverty.
NZ, as an exporter will become more competitive for those companies that do not import materials. A prime example is education with about $4b in overseas earnings going to GDP. Trouble with that is lots of those earnings are based on education where you get a work permit which people see as a pathway to residency. Guess what. Cut immigration numbers, cut education, cut overseas earnings. Isn't Winston going to have a hand on this particular tiller - we can expect changes to the Reserve Bank Act.
Big call!
Why would there be? This town is a Labour fortress. They even elect the likes old Brian MacDonnel, Bill Fraser and Clare Curren to name a few. Dreadful politicians, but dress thm in red and they'll win a Dunedin seat everytime. The locals rejoice while they're being screwed to death.
Misery Loves Company. It is nice to know you are not alone.
https://www.stuff.co.nz/entertainmen...lection-result
It is even funnier if you view the actual "Mikes Minute" quite frankly, a mess.
http://www.newstalkzb.co.nz/on-air/m...trouble-ahead/
Well, he has a point, hasn't he?
Quite funny to hear James Shaw this morning praising the agreement - and only seconds later admitting that he had no clue what's in it (when asked for the agreements re immigration). Winston loves incompetent partners - much easier to take for a ride ...
Incompetence has a name ... this is your next NZ Government!
I actually wanted NZ First to go with National for reasons Winston outlined in his speech. Is it a character flaw that I am enjoying some peoples reaction to Labour's victory on this site. I thinks it is call schadenfreude. Mike Hosking is a classic and Jeremy Wells nailed it with his impersonation.
Nothing wrong with "schadenfreude" (rejoicing about somebody else's damage, mishap or misery) in this situation. I guess we all will have to suffer and pay for the misery - so what's wrong with at least a bit of joy? I am sure the political situation over the next 1 to 2 years (well, until the next election) will be very entertaining and interesting. I am looking forward to that as well.
Personally - while not happy about this government do I think it will do (given the election result) long term the smaller damage to this country than the combination W1st - National would have done.
Latter would have politically killed off National and NZ First for the next decade or so. This way he is killing off Labour, Green and NZ First.