April 20, 2013
Mighty River Power share sale
Our conservative Government here in New Zealand is making good on its promise to sell revenue-generating companies it owns to try and plug its own created budget deficit caused by a tax cut on the higher incomes. Those will now be able to buy a cash cow for a song. With the help of the Government. And everybody else will just have to pay more for power to ensure a dividend flow.
An insane economic policy but a tribute to dead ideologies.