Hooton’s and Opposition’s wrecking crews destroy our reputation overseas

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Matthew Hooton’s wrecking crew

Matthew Hooton an his wrecking crew along with some handy help from the opposition politicians have helped to sabotage our international reputation, costing the country potentially billions more than the destruction they have already wrought.

An overseas fund manager has branded New Zealand as risky as Pakistan after losing money on investments in Chorus, Meridian and Mighty River Power.

Jason Pidcock, manager of the London-based $8.7 billion Newton Asian Income Fund, was quoted in investment newsletter Citywire overnight saying New Zealand’s political environment was a disincentive to investment.

“We are not going to invest any more money in New Zealand for the foreseeable future,” he said.  

“We have to rank it up with places like Pakistan in terms of political risk. This is a shame because it ought to be a developed and stable country.”

Pidcock’s fund lost 7.2 per cent since the end of October and the performance was mostly attributed to its New Zealand investments.

“I now have to associate New Zealand with political risk,” said Pidcock.

There is considerable political risk. Hooton’s dirty little campaign of the disaffected and the vested interests wrecking crew has put in jeopardy a large infrastructure project that New Zealand needs.

If this little band or corporate vandals looking to trouser over $100 million are allowed to continue along their ways then New Zealand may well be compared to Venezuela next.

Labour and the Greens policy on power companies will certainly confirm a Venezuelan style government with the same sort of political and economic results.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story.  And when he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet.   Cam Slater doesn’t do quiet, and as a result he is a polarising, controversial but highly effective journalist that takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him.  But you can’t ignore him.