Fran O’Sullivan outlines her thoughts on the Green/Labour power sabotage:
It’s blatantly obvious that Labour and the Greens have been attempting to short the returns the National-led Government expects to receive through next week’s Mighty River Power float.
Yup, and the gloating of the likes of Gareth Hughes in his now infamous Hey Clint moment was brutally apparent.
[T]ilting at the style of the political intervention and asking the two parties to withdraw their interventionist plan is a waste of space. Not because of their own rationale in doing so (this was soundly based). But because Labour leader David Shearer and Greens leader Russel Norman don’t give a damn about such requests at the midway point of the electoral cycle.
The 10 leading business lobbyists – including major leaders such as BusinessNZ’s Phil O’Reilly and the Chamber of Commerce’s Michael Barnett – who sent a public letter to Labour and the Greens this week – know this in their bones.
They know that the two parties are “not for turning” (at least in the short term). It makes political sense for the politicians to damn the power companies as rapacious commercial beasts, led by overpaid directors and chief executives who will suck all the spare cash out at consumers’ expense.
This tactic works well for Labour and the Greens with their own political power base. Their supporters hate fat cats. Demonising the power company bosses could rile them enough to ensure more of Labour’s and the Greens’ voting base actually turn up to cast a vote in 2014. Or so the hope goes. Read more »