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Cook Islands PB COOK ISLANDS HERALD28 May 2014 $2 (incl VAT) Cakes for all ocassions! Edgewater Cakes Enquiries call us on 25435 extn 7010 Sunset BarBQs at the Shipwreck Hut Saturday Seafood menu with Jake Numanga on the Ukulele 6pm Tuesday Sunset BBQ with Garth Young on Piano 6pm Thursday Sunset Cocktails with Rudy Aquino 5.30pm-7.30pm Reservations required 22 166 Goldmine Aroa Beachside Inn, Betela model, Great Food, Great Entertainment Frances is wearing a Always the best necklace, selection, best bracelets and price & best service at a ring from Goldmine! POWERBALL RESULTS Drawn: 22/5/14 Draw num: 940 Goldmine PB TATTSLOTTO RESULTS Drawn:24/5/14 Draw num: 3427 SUPP: OZLOTTO RESULTS Drawn: 27/5/14 Draw num: 1058 Next draw: SUPP: Cook islands Herald 28 May 2014 opinion 2 Forward Pledge meaningless and illusionary Public sector downsizing non negotiable he Cook Islands Party and the list goes on, only the as precipitous and terrifying. a celebration of Dependence campaign Pledge document converted dwindling CIP faithful Every New Zealand pension on foreign funding and foreign Tis a self gratifying series of will bother to read the Pledge recipient has a bounty of back expat workers who are creaming statements that fails miserably document with questionable tax on their head, created out the Country while qualified Cook to stimulate intelligent interest comprehension. of nothing by Puna’s desperate Islanders have to go overseas in attracting the middle masses Where is the Maori copy? tax men driven by orders from to have their skills appreciated. to bother to leave the comfort of That’s how much Puna and Cabinet to find more money Never in the history of self their homes to vote for them on company have thought the rather than reduce the budget government has the Cook Islands the 9 July. propaganda through. The by five percent. been so infested with foreign Incapable of producing a pledges are in English but all the Where are the pledges to workers, businesses and debt. campaign manifesto of tangible speeches are delivered in Maori. continue the sale of national Thankfully the voters have outcomes the Pledge publication When the unpopular Puna assists? Neves’ and co’s plan their wits about them or else this lacks serious economic substance announced the snap election, to sell Te Aponga after Telecom CIP government will catapult us and promotes a forward he said the main reason was Cook Islands fails to get a back to the heart break of 1996. movement while shackled to because of the need to prepare mention, neither does the Taking us forward to a disastrous the self praise of overstated for the 50 years of Self Governing Airport privatation plan. Like past is the outcome of the sloppy claims of past achievements celebrations in 2015, yet for such 2010 the CIP has a private CIP Pledges. that were mostly Democratic CIP pledges in the past have Party initiatives and innovations. Puna fails to address the failed to deliver, for the business As a marketing tool the Pledge community the 2012 pledge to document is a shambles. Going reduce the cost of business was forward based upon the past fact the budget is predicted quickly undone by introducing doesn’t grip an undecided mind measures to increase the to buy into the CIP agenda, to be in deficit for the next cost of doing business further generalised statements are like stifling the potential to drive the Democratic bill boards, they three years, his flawed the economy upward. An expat have no detail of the how to. dominated cocktail attending This is best described as a driver introduction can be best Chamber of Commerce suffered looking in the rear view mirror in silence rather than risk while driving the car. described as being a mix retributions by speaking out It is always easier to talk against government’s harsh about the past, a trait that has of political and economic condescending treatment of the dominated the psyche of the CIP commercial sector. since the passing away of their gibberish that offers no The frothy Pledge document great founding leader Sir Albert has steered clear of and pledges Henry. The CIP virtually live in the confidence to the many that would challenge the past tense when what matters mediocrity mindset of the upper most to people is the present, struggling business there level of the public service. The we live in the moment of the Pledge document is marginal and now. The CIP dare not state the is hope the economy will mediocre which is a reflection present because their present of the calibre of administration situation forced the impulsive improve. the CIP government is, hardly CIP leader Henry Puna and his recommended voting for unless jittery Caucus to panic and call a an important reason there isn’t agenda that is too politically mediocrity is the object of desire. snap election. any reference to the celebrations risky to disclose unless they win, The final page lists the Their self indulgent past in the Pledge document. thankfully they won’t. exaggerated chest beating achievements are a marketing Puna fails to address the fact Every local pensioner is no achievements of the CIP and the diversion propagated by the the budget is predicted to be in better off despite the slight of last one regarding Te Aponga is CIP spin doctors who have no deficit for the next three years, hand illusionary $50 increase found listed further up the page. idea of the grass roots plights his flawed introduction can be because of the hike in VAT and It’s that lack of attention to detail and expectations. The Pledge best described as being a mix of the pension now a taxable that questions the cognitive document is a desperate attempt political and economic gibberish income, how punishing for the stability of the distracted CIP, to divert public attention from that offers no confidence to aged outer islanders who don’t who at the slightest flicker are the real economic and social the many struggling business have the option of emigrating. gorged by their consuming issues that have provoked there is hope the economy will The pensioners are about to impulses. an unprecedented public improve. launch a ghost of their own to It’s no wonder Teina Bishop commotion and dissention in A CIP induced spectre is haunt the CIP out of existence jumped the sinking CIP vaka, response to the CIP’s dismissive haunting the Cook Islands: the on July 9. abandoning the dingo culture attitude to Grey Power’s tax spectre of an ageing society. Puna’s big talk on celebrating of mindless confrontational concerns , the Te Mato Vai Whereas once the prospect 50 years of self government is entanglement before he got costs, Telecom’s share sale, of retirement and old age was just that, big talk. The CIP has trapped by conformity to the VAT increase, Government viewed as a time of comfort and failed miserably to become more stupidity of Puna’s ‘Faulty Tower’ charges and fee increases issues security, for many it is now seen independent, next year will be legacy. - George Pitt PB Cook islands Herald 28 May 2014 news 3 Keeping national assets in local hands By Charles Pitt Cook Islands government take cyclical. of feeling among Cook Islanders he argument over a 60% share with the remaining From the tone of the overseas regarding foreign whether Cook Islanders 40% sold off to resident Cook comments in email messages ownership of our important Tshould buy shares in Islanders in $1,000 parcels. Mike Tavioni has been receiving national assets. Telecom, is becoming not so That way, Cook Islanders living from Cook islanders in Australia Bill Carruthers rightly points much a matter concerning profit overseas could invest in their and NZ, one senses a genuine out, the telecommunications and loss on the share value but own country via Telecom. With concern that Telecom should industry is changing rapidly one of retaining an important no stockbroker in this country, be in Cook Islands hands not and around the world costs are national asset in Cook Islands some separate body would need foreigner’s hands. coming down with competitors hands. to be set up to handle the sale Although Tavioni floated the able to become established In other countries when of shares should Cook Islanders notion a local should have only quite cheaply. national assets are privatized, wish to dispose of their shares. one share valued at $1,000, He also points out it is as was the case when the NZ In any case, in a deregulated many Cook Islanders overseas important to have a partner government floated shares in market, it’s expected Telecom’s were prepared to contribute who is familiar with the industry Air NZ in 1980. Shares came share value may drop as it did much more. It demonstrates and one that has deep pockets on the market at over $3 but in the case of Air NZ however that the concerns over foreign or access cheap finance. later dropped to below $3 as the return should be more than ownership run deep. Although If locals want to own competition with other airlines one would expect from a local these Cook Islanders may Telecom outright, they will grew. bank. Also those investing in have lived a great many years face many challenges including Could a model similar to the shares should understand that overseas, their concerns for competition from others. Air NZ one work here? The the movement in share value is what happens “back home” This is not to say that locals remain very strong.
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