Independent’s Julia Meek issues not-so-meek warning about the three ERKS and asset salesFrom Julia Meek, artist and cartoonist Waiheke Island
We call them the ERKs……………..that (temporarily) powerful triumvirate, English, Ryall and Key who are plotting the sale of our assets, incl. the most important electricity generators.
That is one step closer to a total capitulation to dog-eat-dog capitalism where market forces reign, with all their unpredictable whims and an uncaring attitude to social justice.
They are muttering a mantra about Mum and Dad kiwi investors fronting up with their little nest-eggs to indulge in some profit-gouging.
What ALL Mum and Dad kiwis need, with or without savings, is access to affordable, reliable electricity. Even partial privatisation will soon put that in jeopardy.
The three ERKs, well versed as they are with money-manipulation, know this perfectly well. Remember how our railways were so impoverished by the private owners, they had to be bought back!!!!!!!!
The ERKs have just directed big money to bribe senior managers to get it all prepared for sale. One wonders how the workers and engineers, who actually keep the generators going, are going to feel that instead of profits going to benefit all New Zealanders, they will be working half their time to fill the pockets of private capitalists?