Kim Dotcom

This is getting ridiculous.

The man is clearly suffering from delusions of grandeur.

His alleged mistreatment of employees is gross.

His alleged Nazi sympathies are shocking in this day and age.

Remind me, what’s the big deal if he ends up in an orange jumpsuit?

He clearly seems able to conjure money from somewhere…

At first I thought he was hard done by, now I think he’s taking the mickey.

Let’s get this charade over and done with – what’s he going to do once he’s in an orange jumpsuit in California? Sue the New Zealand government? Really?

And the Internet Party? Well, what a disgraceful footnote in New Zealand political history that will become.

Victim Or Not, Kim DotCom Will Be Extradited

If there was ever an indication that nothing much interesting happens in New Zealand on a day-to-day basis, the footage of Kim DotCom’s (Mona DotCom’s?) chartered helicopter arriving in Wellington shows that it doesn’t take much to become headline news in this country.

Waddling towards the select committee room with the Press Gallery in tow, Kim DotCom got off to a flustered start and all we learned from the debacle was a grand total of nothing – except some insinuation that John Key lied to the New Zealand public about the GCSB and that he knew about DotCom before the raid on his rented Coatesville mansion.

About that raid – watching the footage of it on 3 News – do New Zealand’s police not strike you as pathetic in their demeanour? Putting aside the fact that the Kim DotCom raid was on the orders of a Hollywood-captured Department of Justice subsidiary – the FBI of course – didn’t they look really retarded throughout the whole exercise?

Anyway, despite having some of our best lawyers in his employ, Kim DotCom will be extradited. There are no ifs, buts and maybes about it. John Key is a sycophant who wants a fake free trade deal with the United States. Anything that gets in the way will be thrown under the bus.

Despite his size, Kim DotCom will still be thrown under the bus. It might take another raid, this time with more exercise time for an LAV squadron, but he’ll be arrested in spectacular fashion and shipped off probably at NZ taxpayer expense for a hard bed on which to complain about.

Watching John Banks play on his phone at the Select Committee hearing yesterday was interesting. It must be hard to maintain such an icy exterior when you’re facing a private prosecution for taking the witness’ cash as an anonymous donation. But, then again, John Banks is on the same level as Winston Peters in terms of political connivery.

Victim or not, Kim DotCom will be extradited from New Zealand. It doesn’t matter that he was doing what pretty much all of the tech giants do anyway, it doesn’t matter that he was essentially singled out by lobbyists for rendition and it doesn’t matter that he has spent millions of dollars in New Zealand.

He is an obstacle to closer United States – New Zealand relations and he simply has to go – the end of generic Pharmac purchases and stricter copyright laws for corporations with failed business models demands it.

John Key won’t interfere. In fact, he probably told Eric Holder (US Attorney-General) that when Holder visited New Zealand earlier this year. He really wants a free trade deal even more than Helen Clark wanted one with China.

Kim Dotcom And Pacific Fibre II

Lance Wiggs has a very good explanation of the hurdles any attempt to resurrect the Pacific Fibre project will have to overcome. He outlines the extremely risk-averse guarantees institutional investors want, the enormous amount of due diligence required and impact of the TelstraClear sale to Vodafone.

Kim Dotcom obviously loves the media attention. Offering to use his own money to finance Pacific Fibre is definitely an attention seeking statement. But does Kim Dotcom have the US$300 million Lance Wiggs estimates is necessary to complete the project?

Putting aside the fact that his assets are currently frozen, what is the likelihood of his new “Mega” project being the victim of US “guilty until proven innocent” seize? How credible are any commitments he would make to such a large infrastructure project?

Pacific Fibre shopped the prospectus to a large number of local and foreign investors. Some of those, perhaps government owned funds, may be regretting their decisions, but all will be far better informed for new player conversations. I believe those conversations need to be far deeper and collaborative – we are all in this together.

While it is encouraging to have a private investor offer to plug the financing gap, does the Kim Dotcom saga make it more likely or less likely that landing rights in the USA would be granted? Somehow I think there would be enormous opposition from Hollywood lobbyists on the US end.

It is very disappointing that institutional investors in New Zealand did not catch on to the enormous possiblities that Pacific Fibre could bring. International data is currently the major bottleneck that needs to be overcome. The Crown Fibre project will be for nothing if data transfer slows to a trickle as soon as international data is accessed.

Pacific Fibre II would be the ideal investment for the likes of the ACC fund or NZ Super Fund. Hell, if I was an NBR Rich Lister I would bet the farm on entering a duopoly with enormous demand increasing year-on-year at incredible rates.