Some home truths for the corporate bludgers at Team NZ

Team New Zealand want to go again, they also want the taxpayer to continue to pay their inflated salaries, and help fund their next multi-million dollar property purchases.

Well, Man in the Stand has some home truths for them to consider.

Here’s an odd notion for Grant Dalton and Dean Barker and co.

How about telling the truth, the whole truth and nothing but the truth?

Not that I’m accusing them of telling outright porkies but as usual there’s a lot of spin and hype and half-truths going on in the lead-up to asking taxpayers to stump up with yet another huge dollop of cash.

The kind of nonsense was spun before the last Americas Cup and the one before and the one before that.

So what are the fallacies that I’m referring to?

• Giving 40 million of our taxpaying dollars to Grant Dalton and co. to mount another America’s Cup challenge is the best way to publicise New Zealand.

Not true. Spending less than half that amount on making and showing an advertisement at half-time in Super Bowl, promoting our beautiful country would be far more effective.

The television audience watching Super Bowl would completely dwarf any potential audience watching a comparatively obscure sporting event in Bermuda.

• Giving 40 million of our taxpaying dollars to Grant Dalton and co. will benefit the whole of New Zealand.

Not true. This flawed logic depends on that bogus, trickle-down theory that every region outside of Auckland would benefit equally if Team New Zealand won in Bermuda and defended the Cup again in Auckland.

For example, asking those people the hardest hit in earthquake ravaged Christchurch to swallow the fallacy that their city will be advantaged as much as Auckland would is ridiculous.

• Giving 40 million of our taxpaying dollars to Grant Dalton and co. is a sound investment given the potential, financial return in GST etc.

Not true. A leading Institute of Economic Research economist, Shamubeel Eaquib describes this type of projection as “a combination of data and fiction that is based on over-hyped studies that are proven to be absolute rubbish after the fact.”

• Giving 40 million of our taxpaying dollars to Grant Dalton and co. is critical to our boat-building industry given its dependence on our participation in the Americas Cup.

Not true. New Zealand’s glowing boat-building reputation is locked in permanently regardless of our involvement in the Americas Cup.

And even if this claim was true, how about the boat-building industry itself collectively making a significant cash contribution?

• Giving 40 million of our taxpaying dollars to Grant Dalton and co. is justified given Team New Zealand is in a unique position on our sporting landscape.

Not true. Team New Zealand is a privately-owned franchise just like for example, the Wellington Phoenix and the New Zealand Breakers both are.

I’m sure each of these sporting organisations could mount a claim for a massive Government hand-out based on the increased profile and guaranteed, resulting benefits that football and basketball would receive here in New Zealand.

 

– Yahoo


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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. 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 who takes no prisoners.

He is fearless in his pursuit of a story.

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

To read Cam’s previous articles click on his name in blue.

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