Trans Tasman is reporting that Michael Cullen will be appointed to chair NZ Post and KiwiBank when Jim Bolger retires.
A loyal National Party member has just phoned to tell me he and others who spent nine years working to get Cullen’s hands off the reins are furious about this and I share their views.
There must be someone better equipped for these roles than the man who overtaxed and over spent for nine long years, leaving our economy far less able to weather the recession than it would have been had his policies been directed at growth rather than redistribution.
SOEs have been underperforming and need highly skilled leadership and that requires someone with a far greater regard for other people’s money than Cullen.
When the idea of Cullen chairing an SOE was first mooted, blue tinted bloggers were united in their opposition. If the first to react are any indication they haven’t changed their minds:
Fairfacts Media asks what is John Key playing at?
Kiwiblog says it’s a crappy move
UPDATE: SOE Minister Simon Power has announced:
“Hon Dr Michael Cullen has been appointed to the board of New Zealand Post, and is expected to become deputy chair in the medium term.
Fairfacts Media thinks Cullen deputising Bolger is too good to be true
Keeping Stock thinks John Key is up to something
Roarprawn reckons it’s a poisoned chalice.
Cactus Kate was forced to seek solace in oysters and Moet
The red rag was thrown and the blue blogs roared, but what if we’re wrong and it’s really a cunning plot?
Fairfacts Media doesn’t think the job’s as good as it looks.
Anti Dismal has a better idea – sell the SOEs.
Macdcotor advises Cullen not to trip on the way out.
At Tumeke! Tim Selwyn thinks it’s unbelievable.