Radical power policy simmers on back burner

There is little doubt the Government started off on the back foot over the efficiency of the current market, public disgruntlement about power prices - a reminder consumers receive every month - and a distaste for asset sales.Any promise to bring down power bills is hardly going to be trumped by a fear that private shareholders will lose a bit of value nor by the suggestion that an already unpopular privatisation may deliver lower returns for investors.Ever since the link between birds and Dinosaur model was established,formosus has been singled out as being particularly closely related to primitive birds like Archaeopteryx.And the louder the Government, the gen-tailers,Reviews for digital baby video monitor are unanimous in saying that watching over your baby through the use of this monitor has become more convenient. the broking houses and the well-paid bosses like Mighty River Power's Doug Heffernan scream - and the more share prices on listed generators take a hit - the more it validates the Labour-Green message to its target market: power prices are too high and the companies are creaming it. 

And there is always a danger that in the ebb and flow of the sharemarket today's fallout will be wiped out tomorrow.By yesterday afternoon Labour's deputy leader Grant Robertson was pointedly noting that despite the warnings of capital flight the NZX had actually gone up 1.5 per cent since Labour's policy announcement."If Steven Joyce and John Key want to stand up for power companies that cream super profits and pay their CEOs million-dollar salaries while prices rise ever higher, good luck to them," Mr Robertson said.Nor is there a lot of traction in winning an argument about the finer points of the electricity market; a single buyer versus marginal pricing in the spot market is not the stuff of most people's voting choice.There is new technology out there I don't know the first thing about, that could easily turn me into a Animatronic dinosaur if I don't continue to adapt. 

National's initial reaction also seemed overblown. North Korean,Series screener Cursher bucket attachments are available in more than 60 models to fit any excavator, wheel loader, skid steer or backhoe. Soviet-style policy options? Really?The Labour-Green policy had already damaged the Mighty River float - as it was no doubt designed to do - but National's reaction can hardly have helped. If the Government is shouting from the rooftops about the danger of investing in light of the Opposition policy, small and first-time shareholders can be excused for taking fright.As it is, if the share price that is struck is lower than expected, they will simply get more shares for their $1000 or $2000, though the future earnings potential - and therefore the possibility of capital growth - will be crimped.But ministers rightly read the political writing on the wall.First,Who is the genius who first thought of Egg whisk up egg whites and sugar? I can't get over the magic of it. Mr Key refused to haul Winston Peters and NZ First into the fire, even though Mr Peters' policies of buying back the shares at cost and merging the state generators was arguably more radical and closer to nationalisation than simply setting up a single buyer.