“Landbankers could have property seized by the Government if the land is within certain areas marked for housing development.”
It was a statement worthy of Stalin himself. It is a statement that should be unthinkable from any government in New Zealand, let alone a National one, to make. It is a measure of just how undemocratic and divorced from reality the third term National Party has become.
National is floundering in the wake of accusations that it is doing nothing to ease housing supply. Like the Socialist government it has become, it believes throwing our money at the problem is going to help. It will not, at least not when you throw at a serial spendthrift like Len Brown. Brown is understandably over the moon. Just when he thought he’s maxed out the credit card along comes his mate John Key with promises of a billion dollar bailout. Here’s Whaleoil’s take on the ‘loan’.
Of course, Len Brown would have been excited. His council has been told it is no longer allowed to borrow any more money lest they risk their credit rating and pay lots more in interest costs. So, the government is doing nothing more than use its credit rating to get a lump sum of cash and essentially act as a guarantor for councils that have misdirected millions and millions over decades into sports stadiums, performing arts centres other non-essential infrastructure, instead of sticking to the basics of rubbish, reticulation and roading.
Even though these are essentially local problems, the general taxpayer is now going to have to cover the interest on an “interest free” loan to councils who have already spent and committed their share of their ratepayers’ money, and have run out, to ensure the cities can grow properly.
Instead of being “enthusiastic”, they should be deeply embarrassed they even need to hold their hands out.
Who would have thought that it would be a National Government that enabled unelected representatives to have voting rights on Councils; that grants rights and privileges to a small segment of the community based on a mythical notion of ‘race’ thus undermining the fundamental principle of one law for all. Now we have a government minister calling for the confiscation of property as if he were a Communist dictator.
It seems the lessons of Brexit are lost on Key. It was a rebellion of the little people against an autocratic, undemocratic State. They take their freedoms seriously in Britain. It remains to be seen if voters do in New Zealand.