Selwyn Pellett

Don’t blame Chinese for house price increases, blame Labour and people like Selwyn Pellett

Our politicians, particularly the more xenophobic of them, like to blame Johnny Foreigner for the rise in house prices.

The same is happening in Australia, with all manner of things like Chinese investors being blamed. The real reason though is somewhat different.

Labour and the Greens claim that restricting foreign investment and applying capital gains taxes will lower prices…and yet the opposite is true in Australia.

Foreign investors are not to blame for rising house prices. The real culprits are the taxing and regulating activities of Australian governments that raise the supply price of new housing.

Despite this, the House of Representatives economics committee is set to inquire into the impact of foreign investment on the Australian housing market at the instigation of Treasurer Joe Hockey.

According to committee chair Kelly O’Dwyer, the inquiry will consider whether the current restrictions on foreign investment in residential real estate serve to increase supply, as is their stated intention, or raise prices.

This is rather like asking whether foreign tourists increase the production of goods and services or raise consumer prices. The answer depends on how flexibly Australian producers can accommodate changes in foreign as well as local demand through increased output.

Fran O’Sullivan on Cunliffe and his trickiness

Fran O’Sullivan exposes David Cunliffe’s hypocrisy in her column today and the week from hell extends into the weekend.

David Cunliffe must be kicking himself he didn’t just fund his own way into the party’s top job.

The Cunliffe household – lawyer Karen Price and Opposition leader David – would pull in a combined income of at least $500,000 a year. Writing a campaign cheque for $20,000 to cover last year’s leadership campaign would not have stretched the family’s finances one iota.

Instead he had his campaign manager rattle the tin for him resulting in about $20,000 of anonymous donations being laundered through a secret trust.

Cunliffe has been battling the stench of hypocrisy since the use of a secret campaign trust to launder leadership campaign donations from five donors was disclosed.

It’s not surprising that wealthy businessmen such as Tony Gibbs and Selwyn Pellett tossed some of their chump change into Cunliffe’s leadership campaign trust.

He’s a known quantity. He’s personable. Many business people like him even if some are deeply wary about just what changes will occur under a Labour-led government because Cunliffe sometimes says one thing in public and something very different to them in private.

It’s all rather priceless.  Read more »

Dodgy Scoop Media loses Labour and Cunliffe funder; now back in control of Dotcom fanboi

dddd

Sure Bryce.

Read on:

tmtm

Getting trust is easy.  Regaining trust once it is lost not so much.

After a dreadful run-up to what should have been a fantastic start of an election year for Scoop Media, with plans to expand, take on the main news channels, and drive a stake into their online corpses, it turns out the numbers just didn’t stack up.

Statement From Scoop Media Limited Publisher Alastair Thompson

Scoop Media Ltd. regrets that an investment from Sublime Group in Scoop Media Limited will not proceed at this time.

On Monday 24 February operational control of Scoop Independent News returned to the Scoop Media Limited shareholders.

The team running Scoop has now returned to normal, Scoop Co-Founder Alastair Thompson has returned to Scoop as Publisher and Editor, Gordon Campbell continues on as Political Editor & Werewolf Editor and Lyndon Hood remains News Editor.

Scoop co-founder Alastair Thompson said today:   Read more »

Unfit for Office, how many errors of judgement can one man make?

David Cunliffe’s secret trust laundering donations is unravelling on him.

Wrong? because he got caught? If it was wrong it was wrong to start to use it not wrong now he is busted.

Error of judgement? How many is that now? This man is prone to gaffes, getting things wrong and errors of judgement. He is unfit for office.  Read more »

Corporate bludgers should hand the cash back, including Selwyn Pellett

Selwyn Pellett is rightly kicking Steven Joyce in the shins for corporate bludgers NextWindow trousering cash then selling out and winding down.

Pellett, an outspoken critic of R&D grants being awarded to foreign-owned firms, said the Government should ask Smart to return the grant funding that NextWindow had received.

“I think they’re already in a position to do that if I’ve read correctly some of the stuff [Minister for Economic Development] Steven Joyce has said,” Pellett said.

Joyce has previously said the Government could request repayment of grants in some cases, but only within three years of a funding round’s completion.

Smart did not respond to an emailed request for comment before last night’s deadline.

Pellett said the impending closure of NextWindow was part of a “continuous story” of New Zealand technology companies being sold to overseas buyers and then wound down.

Pellett might be an outspoken critic but he is also a massive hypocriteRead more »

You don’t say?

Selwyn Pellett has admitted that the fallout from Alistair Thompson’s involvement int he setting up of a political has damaged their brand:

One of the owners of online news agency Scoop says its reputation has been damaged by the involvement of its editor in the creation of Kim Dotcom’s new political party.

Editor and co-founder Alistair Thompson, registered the Internet Party’s website domain to Scoop on 18 December last year while working as a journalist in the parliamentary press gallery.

An internal party strategy document for the internet entrepreneur’s new party, leaked to blog website Whale Oil, suggests Mr Thompson could be the party’s secretary.

Mr Thompson resigned from his positions at Scoop and the press gallery late on Wednesday afternoon.

Scoop shareholder Selwyn Pellett said Mr Thompson only told him about his involvement with the new political party earlier this week.

He said the former editor’s involvement while he was in the press gallery was unwise, and Scoop now needs to restore its reputation.  Read more »

Alistair Thompson makes a liar of Selwyn Pellett, hasn’t resigned, continues to mislead media

Yesterday the media were reporting that Alistair Thompson had resigned from Scoop Media.

Parliamentary Press Gallery journalist Alastair Thompson has resigned from his role at Scoop after it was revealed that he was working for Kim Dotcom’s Internet Party.

The major owner of Scoop Media Selwyn Pellet had this to say:

Scoop Media owner Selwyn Pellett said: “We had no idea of the extent of the involvement until Cameron Slater’s blog today.

“We knew he was considering some involvement and the discussion was ‘you can’t do both jobs’. You can’t be an editor and be actively involved in Dotcom’s party.”

He added: “It is disappointing. There is no ill-feeling with Alastair. This is his passion and it is what he believes in and wants to do.”

Mr Pellett said Scoop would not be “rewriting history” by going back over Mr Thompson’s articles to check for any favourable coverage of Dotcom or his party.

“I’m not aware of what he’s written since he registered the domain name in December. But clearly he’s no longer independent on that particular subject.”

This morning however Alistair Thompson is unrepentant and laughing in the face of his former boss (or current boss as the case may be).  Read more »

Who else is owned by Dotcom?

Solution-Of-Corruption

Yesterdays revelation of media manipulation and political intrigue around the Internet Party cost one gallery journalist their job.

The owner of Scoop Media was not impressed, telling the NZ Herald:

Scoop Media owner Selwyn Pellett said: “We had no idea of the extent of the involvement until Cameron Slater’s blog today.

“We knew he was considering some involvement and the discussion was ‘you can’t do both jobs’. You can’t be an editor and be actively involved in Dotcom’s party.”

He added: “It is disappointing. There is no ill-feeling with Alastair. This is his passion and it is what he believes in and wants to do.”

Mr Pellett said Scoop would not be “rewriting history” by going back over Mr Thompson’s articles to check for any favourable coverage of Dotcom or his party.

“I’m not aware of what he’s written since he registered the domain name in December. But clearly he’s no longer independent on that particular subject.”

No longer independent is rather polite for hopelessly compromised.

Damian Christie tweeted something very interesting though:

We know it also isn’t Wallace Chapman…but one now does wonder just how many journalists have been compromised by Kim Dotcom as he seeks favourable publicity for his jolly japes…one of which is perverting our electoral process in a bid to escape his legal and judicial problems.

Right now it would be a very brave journalist who writes anything favourable to Kim Dotcom…they will simply paint a great big target on their forehead for other media to start asking very laser focussed questions.

This is the the most appalling part of what Alastair Thompson and Martyn Bradbury have done in taking the German’s schilling…they have cast negative aspersions on many others in the media…many of whom lost objectivity in any case because of their desire to see Kim Dotcom run one up John Key. That loss of objectivity now tars them with the broad brush of the shame of Bradbury and Thompson.

Perhaps we need to have a Journalist’s Register of Pecuniary Interests now that it appears that a rather rich jolly German chap seems intent on owning a fair chunk of them.

Why corporate welfare must end

Corporate welfare is as evil as normal wlefare…it creates bludgers who get use to taking but it is worse for corporate welfare, because those bludging ratbags then inevitably sell the company offshore and the corporate welfare is all gone into the bulging pockets of the former owners.

Chris Keall explains about another corporate bludger who has sold out.

For staff of companies like Navman and The Hyperfactory it’s a familiar story. A hot NZ technology company is sold to offshore buyers, with its founder pledging jobs will stay in New Zealand – only for that promise to melt away as the new owners take control.

The latest casualty is NextWindow, a company whose revenue hit $60 million+ as it supplied touchscreen technology to PC makers like HP, Asus and Lenovo.

The recipient of a $6 million, no-strings government grant is gutting its local office, a source close to the situation tells NBR ONLINE.

Layoffs will see 11 staff left in NextWindow’s Auckland office, which at the time of its 2010 takeover by Canadian company Smart Technologies housed around seven times that number.

Powerbyproxi leases space in the same building. CEO Greg Cross tells NBR his company has already taken over space vacated by NextWindow.  Read more »

Pinko lobby group needs remedial spelling lessons

A bunch of pinkos have a lobby group, one that produces all sorts of ‘think’ pieces telling us how they think that we should live our lives.

They are currently advertising on Facebook.

But these spinners can’t even spell…and they presume to tell us how to live? if they are committed to bringing positive change perhaps they’d like to start with some remedial spelling lessons.

change-spelling Read more »