Jeanette Fitzsimons on Asset Sales

There is a lot of work to do between now and 2014. Asset sales must be stopped, and the TPPA. If you are interested in Auckland Coal Action email aucklandcoalaction@gmail.com for event information and newsletter.

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• Zealand
• Asset
• Sales
• Coal
• Election
• Lignite
• Climate
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• Jeanette
• Fitzsimons
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[Kataxene]

Thanks for your comments. Under the TPPA foreign investors will have the right to sue for millions and millions for loss of income whether NZ owns 51% or not. 

[KingMushroom]

NZ doesn't muck up the climate anyway. Why should the smallest country in the world always have to lead the way? Its unfair on us while the big ones get all the economic benefits of mining. Pretty backward I think.

[TheBelrick]

Well, the only viable alternative to coal currently is nuclear power so greenies need to suck that up. Also her other complaint is against free trade agreement which I actually agree with 100%.

John Key was not looking after NZ best interest when he signed those free trade agreeements.

ps: climate change is fearmongering rubbish.

[mervatron2000]

So if national win this election what can be done to stop these "free trade" agreements?

it won't matter about the percentage because the investor china, korea, america will have written into the fine print clauses to protect their investment. it doesnt matter if they control the company, its about the return they get and if for whatever reason things change and they no are longer getting the expected return they can sue the government.

[mervatron2000]

So if national win this election what can be done to stop these "free trade" agreements?

[123paramoreaddict123]

One major problem with her argument is that National is proposing to sell 49 percent of assets. What I am saying is that N.Z will still be in control with its 51%. But I still believe asset sales are short term, dumb (looking to past history), and depending on what assets are sold could make the price of things like electircity go up

[bondhemibond]

@TheMarathonomahos and that is probably because you are an ethical business person. THIS National Party led by Key are not - he has repeatedly misrepresented himself.

[swilliamsnz]

Thanks Jeanette for the commentary on asset sales and the research you've done on this issue.

[TheMarathonomahos]

@devilsice04nz I sold 49% of the shares in my company three years ago, but I am still the majority shareholder and with the sale from the 49% I have managed to expand the company to be even more successful. Selling a share holding does not equate to selling assets. 50% is a totally different issue altogether.

[devilsice04nz]

heres an idea of what the sale of our assets can do...... this has narrowed down my options to who i'm voting for.... and i'm sorry National it ain't going to be you!!!