ITS ALL ABOUT SME AND CACTUS

Key is saying that the government focus is going to be on SME's - that's good for us because we are a SME. So cutting the red tape, and tax relief will help and the type of initiatives that the Wellington Chamber have initiated make bloody good sense too. Cactus, the icey eyed bint, has some reservations about Mr Weldon - we like to see alternative views and she has raised some valid issues - take a look here. We however, remain Weldon supporters. We would also like to see Alex Sundakov in the mix - if he isn't already, and anyone who has taken a business from 0 - $10 million plus in 5 years - There are more of them than you think and no property developers thank you. Then add in the boys from the Southland Building Society and South Canterbury Finance - they are prudent investment boys and know what a durable investment is. Chuck in Chris Lee as well - He knows what doesn't stack up. And of course Gareth Morgan. And check out what some of the boys in Maori Fisheries have been doing. - They have been wise stewards of a uber freezer full of fish.

There are heaps more - but we don't want to see the same old tired faces at the summit - we want successful new faces. And no sandals, batik skirts, dreadlocks and greenpeace tee shirts.

And the Mantra is a simple one - Governments don't create jobs Businesses create jobs - its the governments job to create the environment for businesses to create jobs. Simple.

We also want to be part of the task force that gives the public service a shake up - Public services are pissing themselves laughing at the government - you see in the time honoured tradition of public service they started to shift money, hide money, change the names of projects and whole departments, mid last year so that they could front up to the new boys and say savings - sure we will give you savings, when really Ministers will be presented with some manipulated accounts. So it will need an external review to ensure that there is no shilly shallying.

BOLLARD LOOKS LIKE A NUMPTY

We have been watching the deposit guarantee scandal with a great deal of interest. Bollard has been compromised there is not doubt about that now. He let himself become a puppet of Clark for her political ends and now his name is linked to a scheme that financial pundits are saying will skew the financial markets and may well help prop up the wide boys in the finance sector.

Not good enough -the Guvnor of the Reserve Bank cannot be a puppet. Time to go old boy.

The Hive is also calling for his head here

And Hooton is calling a cullen a liar - we reckon he is a lying weaselly two faced bastard.

LABOURS DEPOSIT GUARANTEE SCHEME IS A CROCK

Queen Bee at Wellington Hive does some further analysis this morning and it doesnt look good.

It was as Roarprawn expected - a very badly drafted piece of legislation.

Investment guru Chris Lee said on RNZ this morning, that it will be lapped up by the finance companies and skew the market.

We also note that this issue was of so much concern to QB that she got out of bed at sparrow fart to post on the changing face of the Global Credit crisis.

Wellington Hive is a must read for all journalists and investors this morning - read it and weep.