Will Labour criticize Len Brown for his negative creditwatch?

Len Brown, he who can’t be trusted with a credit card without “hamming it up”, has now run the Auckland Council into murky waters with his financial management of the city.

With a inner city rail loop he can’t fund without massive rates hikes or monstrous debt, he has now affected the overall creditworthiness of Auckland Council, meaning it could become more expensive to build roads, community halls, parks and more thanks to his loopy rail ideas. (Worsening credit ratings mean it’s more expensive to borrow money)

When central government suffered a credit downgrade, Phil Goff and David Cunliffe were all over the media criticising the government for a financial situation partly inherited from Labour and party inflicted by a global credit crunch.

They even criticised John Key for being unavailable for just over an hour on a radio show, yet Len Brown is absent looking at Chinses tunneling technology to spend ratepayers money on. He’s been gone far longer than John Key was on this issue.

Now that Labour’s loopy rail Mayor is plunging Auckland into a debt crisis of his own volition – it will be very interesting to see what Labour say.

My guess – probably nothing.

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