Since the Election of November 2008, the National Party have deliberately pursued a treacherous programme of unnecessary bale-outs and unaffordable tax cuts designed to bankrupt the country in order to facilitate the outcome of the sale of sovereign assets- power, water, other state-owned enterprises and the very land itself. We see New Zealand wantonly reduced from a position of strength relative to the economies of the USA and european nations that were more afflicted by the banking crisis for reasons of pure ideology.
Their ideological basis for this is their fundamental lack of belief that all humans are of equal worth and worthy of equal representation and consideration in a sovereign nation. They would probably fantasize about a system whereby an individual was represented in direct proportion to their wealth, say, one vote per $100,000 of wealth, with corporations viewed as "legal persons" for electoral purposes or at very least the reinstatement of the "property qualification" for voters.
Realising that such views are utterly unconscionable in modern society, the next best thing for them is to remove (sell off) the assets of the nation so that although we have universal suffrage, the body politic has very little bearing on public access to or dominion over things that we have come to consider as human rights- food, water, shelter, warmth, health etc. This is the perverse logic behind the governments present seemingly disastrous course of action.
Regular readers will know how much I deprecate the so-called "left" in modern politics, including the New Zealand Labour Party, for pandering to bureaucracy and for statism. This is because the public service and the businesses that derive their income from state spending is where Labour's core electorate lies, rather than "breeding them in South Auckland" as the knuckle-draggers of the National Party rank-and-file would have us believe.
Having said that, I have to say that I endorse the programme outlined in the Youtube presentation below, my caveat would be that the revenue raised be dedicated to the paying-down of the debt and preservation of a reasonable level of services rather than being used to further "big government" schemes.