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Saturday, 31 March 2012


The ACC-Nick-Smith affairs is a dirty rock dropped into a sewage pond. The ripples of yucky cronyism keep spreading. Cronyism is just corruption spelt differently.

National Business Review summarised the affair brilliantly.

The New Zealand Herald had this take on it.

And the Dominion-Post said this.

Then the ripples of name-dropping touched the Prime Minister.

At the same time ex-politicians on both sides of the political divide were ruled in court to have been a tad less than honest as Lombard, the company they directed, had crashed and burned leaving debts of well over $100 million. They paid the penalty by being declared guilty and sentenced. One, a knight, was urged to give up his title.

All of which makes this little gem look astonishingly prescient. Sort of.