Green Party: “I can do Economics, me.” Economists: “No, no you can’t.”
The above video was posted on Facebook, with the comment “Want to vote Green but think they can’t sort out the economy? Watch Greens Co-Leader Russel Norman explain how we can do a much better job than National”. Let’s start making some comments about this.
According to Dr. Norman, the big banks have sent $3.5 billion overseas. Most (but not all) of that went to other countries. Do I really need to explain how wrong that is?
In terms of banking, Dr. Norman says that they are going to give the Government’s banking contract to Kiwibank. That’s something I would support. However, he then says that Westpac has a “cosy monopoly” and this needs to be broken up in the short term, while Kiwibank prepares to have the full Government contract. They are suggesting Westpac has a cosy monopoly that needs to be broken up so they can give the exact same cosy monopoly to Kiwibank… What? Surely it would make more sense then, by Dr. Norman’s own logic, to give the Government contract to Kiwibank, TSB Bank and SBS Bank. Three banks owned by New Zealanders, not just one. This removes the “cosy monopoly”.
Apparently, tourism is our “single biggest export”, just behind dairy. Get your facts right, Dr. Norman. It’s the other way around. Also, surprisingly, he didn’t mention ecotourism. I wish he did so I could laugh at him a bit more.
The final thing I noticed is Dr. Norman suggesting that the Government is subsidising greenhouse emissions, a “intergenerational crime against humanity”. I don’t understand. Firstly, I don’t agree that the Government is subsidising greenhouse emissions, but even if they are, how is that a crime against humanity. Emotive words with little substance. The Green Party is clearly playing the propaganda game.
Posted on July 3, 2011, in New Zealand Politics and tagged banking, Dairy industry, ecotourism, exports, greenhouse emissions, Kiwibank, propaganda, Russel Norman, SBS Bank, The Green Party of Aotearoa New Zealand, tourism, TSB Bank, Westpac. Bookmark the permalink. 6 Comments.