It is better to be an outcast, a stranger in one’s own country, than an outcast from one’s self. It is better to see what is about to befall us and to resist than to retreat into the fantasies embraced by a nation of the blind.
Chris Hedges

Thursday, July 31, 2008

Follow the Money

Art used to imitate life, but in today's society, life imitates art. Journalists throughout New Zealand are stumbling all over each other to get to the bottom of the Winston Peters affair. It is easy to find out... just follow the money.

Questions: Why is it that The Spencer Trust comes up blank in a search through the Trusts and Societies database? Does it exist? Is it offshore?

This is part of the script from 'All the President's Men'. The scene begins with Bob Woodward in an underground parking garage with Deep Throat.

Bob Woodward: The story is dry. All we've got are pieces. We can't seem to figure out what the puzzle is supposed to look like. John Mitchell resigns as the head of CREEP, and says that he wants to spend more time with his family. I mean, it sounds like bullshit, we don't exactly believe that...
Deep Throat: No, heh, but it's touching. Forget the myths the media's created about the White House. The truth is, these are not very bright guys, and things got out of hand.
Bob Woodward: Hunt's come in from the cold. Supposedly he's got a lawyer with $25,000 in a brown paper bag.
Deep Throat: Follow the money.
Bob Woodward: What do you mean? Where?
Deep Throat: Oh, I can't tell you that.
Bob Woodward: But you could tell me that.
Deep Throat: No, I have to do this my way. You tell me what you know, and I'll confirm. I'll keep you in the right direction if I can, but that's all. Just... follow the money.

1 comment:

Anonymous said...

Discretionary trusts in NZ are not "registered" in the manner you suggest. They do not appear on any public register. That is the whole point. A small proportion of charitable trusts do choose to also incorporate as board under the Charitable Trusts Act 1957. But that is only a tiny proportion of the trusts in NZ.

Yes, there are real questions about this NZ First funding - and more particularly about the vast gulf between what Peters says and what NZ First has actually done. But it doesn't help debate to have a lot of people looking in all the wrong places. Focus on the real questions.