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David Seymour......potential?

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Donald
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« on: August 25, 2017, 02:10:00 pm »

....yeah...this is the problem with Peters and NZ First....they are economically incompetent 😳...Seymour makes Peters look like the idiot he is....but I still like his anti apartheid NZ olicy😉

Act Party leader David Seymour blasts NZ First MP over Contact remarks

Act Party leader David Seymour has hit out at a NZ First MP - calling him a "f***ing idiot" during a speech to a business audience.

Seymour's attack came after NZ First MP Richard Prosser earlier advised the audience to sell shares in Contact Energy if they had them.

Prosser was part of a political panel at the Business NZ conference at Te Papa, and said his party would bring electricity assets back to a simple state-owned, state-controlled umbrella.

"That means if you have shares in Contact [Energy] - get rid of them now."

A representative from Mercury Energy asked Prosser after the session how he proposed to fund such a buy-back of electricity companies, given it would cost at least $11 billion.

Prosser said that would be done over time, but NZ First's stance was the institutions would be purchased back at the price they were sold for.

Seymour addressed that statement early in his own speech to the conference, saying it was an example of how reliable economic management could crash down in four weeks' time.

"The idea that you would have somebody who pretends to hold the balance of power - to come and tell you that a stock trading at $5.85 is going to be nationalised at $3.10 and you better all sell it.

"Well, I realise in a role such as mine you are supposed to have a certain amount of decorum. But that makes me really angry - what a f***ing idiot."

That comment drew applause, but the next was met with groans by some in the audience.
...herald
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