Thank you. Thank you, my friends. Thank you for coming here on this beautiful Arizona evening.
My friends, we have — we have come to the end of a long journey. The American people have spoken, and they have spoken clearly.
A little while ago, I had the honor of calling Sen. Barack Obama to congratulate him.
Watch McCain’s speech »
To congratulate him on being elected the next president of the country that we both love.
In a contest as long and difficult as this campaign has been, his success alone commands my respect for his ability and perseverance. But that he managed to do so by inspiring the hopes of so many millions of Americans who had once wrongly believed that they had little at stake or little influence in the election of an American president is something I deeply admire and commend him for achieving.
This is an historic election, and I recognize the special significance it has for African-Americans and for the special pride that must be theirs tonight.
I’ve always believed that America offers opportunities to all who have the industry and will to seize it. Sen. Obama believes that, too.
But we both recognize that, though we have come a long way from the old injustices that once stained our nation’s reputation and denied some Americans the full blessings of American citizenship, the memory of them still had the power to wound.
A century ago, President Theodore Roosevelt’s invitation of Booker T. Washington to dine at the White House was taken as an outrage in many quarters.
America today is a world away from the cruel and frightful bigotry of that time. There is no better evidence of this than the election of an African-American to the presidency of the United States.
Let there be no reason now for any American to fail to cherish their citizenship in this, the greatest nation on Earth.
Sen. Obama has achieved a great thing for himself and for his country. I applaud him for it, and offer him my sincere sympathy that his beloved grandmother did not live to see this day. Though our faith assures us she is at rest in the presence of her creator and so very proud of the good man she helped raise.
Sen. Obama and I have had and argued our differences, and he has prevailed. No doubt many of those differences remain.
These are difficult times for our country. And I pledge to him tonight to do all in my power to help him lead us through the many challenges we face.
I urge all Americans who supported me to join me in not just congratulating him, but offering our next president our good will and earnest effort to find ways to come together to find the necessary compromises to bridge our differences and help restore our prosperity, defend our security in a dangerous world, and leave our children and grandchildren a stronger, better country than we inherited.
Whatever our differences, we are fellow Americans. And please believe me when I say no association has ever meant more to me than that.
It is natural. It’s natural, tonight, to feel some disappointment. But tomorrow, we must move beyond it and work together to get our country moving again.
We fought — we fought as hard as we could. And though we fell short, the failure is mine, not yours.
I am so deeply grateful to all of you for the great honor of your support and for all you have done for me. I wish the outcome had been different, my friends.
The road was a difficult one from the outset, but your support and friendship never wavered. I cannot adequately express how deeply indebted I am to you.
I’m especially grateful to my wife, Cindy, my children, my dear mother and all my family, and to the many old and dear friends who have stood by my side through the many ups and downs of this long campaign.
I have always been a fortunate man, and never more so for the love and encouragement you have given me.
You know, campaigns are often harder on a candidate’s family than on the candidate, and that’s been true in this campaign.
All I can offer in compensation is my love and gratitude and the promise of more peaceful years ahead.
I am also — I am also, of course, very thankful to Gov. Sarah Palin, one of the best campaigners I’ve ever seen, and an impressive new voice in our party for reform and the principles that have always been our greatest strength, her husband Todd and their five beautiful children for their tireless dedication to our cause, and the courage and grace they showed in the rough and tumble of a presidential campaign.
We can all look forward with great interest to her future service to Alaska, the Republican Party and our country.
To all my campaign comrades, from Rick Davis and Steve Schmidt and Mark Salter, to every last volunteer who fought so hard and valiantly, month after month, in what at times seemed to be the most challenged campaign in modern times, thank you so much. A lost election will never mean more to me than the privilege of your faith and friendship.
I don’t know — I don’t know what more we could have done to try to win this election. I’ll leave that to others to determine. Every candidate makes mistakes, and I’m sure I made my share of them. But I won’t spend a moment of the future regretting what might have been.
This campaign was and will remain the great honor of my life, and my heart is filled with nothing but gratitude for the experience and to the American people for giving me a fair hearing before deciding that Sen. Obama and my old friend Sen. Joe Biden should have the honor of leading us for the next four years.
I would not — I would not be an American worthy of the name should I regret a fate that has allowed me the extraordinary privilege of serving this country for a half a century.
Today, I was a candidate for the highest office in the country I love so much. And tonight, I remain her servant. That is blessing enough for anyone, and I thank the people of Arizona for it.
Tonight — tonight, more than any night, I hold in my heart nothing but love for this country and for all its citizens, whether they supported me or Sen. Obama — whether they supported me or Sen. Obama.
I wish Godspeed to the man who was my former opponent and will be my president. And I call on all Americans, as I have often in this campaign, to not despair of our present difficulties, but to believe, always, in the promise and greatness of America, because nothing is inevitable here.
Americans never quit. We never surrender.
We never hide from history. We make history.
Thank you, and God bless you, and God bless America. Thank you all very much.
Breaking: NZ Prime Minister Signals Rise in GST up to 15 percent; New Health Laws To Be Passed
Prime Minister of New Zealand John Key talks with race goers during the Wellington Cup Day meeting at Trentham Racecourse on January 30, 2010 in Wellington, New Zealand. (Photo by Mike Heydon/Getty Images).
DEBATE ON PRIME MINISTER’S STATEMENT NOW UNDERWAY IN PARLIAMENT
Live Parliament TV
Investment property developers can expect to be taxed. GST increases signaled. Government will keep a tight lid on future spending. Mining in NZ will be explored as a valuable use of government land. Some areas of Crown land be removed from Schedule 4. Discussion document will be released. Water storage and irrigation projects, removal of regulatory processes, irrigation can begin in Canterbury. Substantive reforms for businesses to access capital.
Brief Analysis: Disappointing. On a scale of 1 to 10 for delivery: 3.5. On content: 5. Because as the Prime Minister of the country, he gave some general information. That reminds us we live in a democracy. But he gets a C – Minus for what he did share. Not enough detail to flesh out the platitudes about fighting crime and so on. Because although he signaled rises and changes, he leaves a lot unsaid. He signals a proposed rise in GST to 15 percent but discounted that with talk of cuts to personal tax cuts. Don’t be fooled by those cuts because the cost of living continues to rise, and a rise in GST on top of that, Kiwis will not make a difference to whether you can pay your bills on time, put food on the table easier. Those tax cuts, although hardly earthshattering to individuals pay packet when the minimum wage, and part time work hours, is barely adequate for middle and low income earners, will mean major cuts to health, education and infrastructure in New Zealand.
National Government MP Jonathan Coleman, the same one who was responsible for the Melissa Lee by-election flop, is speaking right now and having a dig at beneficiaries to get off benefits. Has he forgotten we’ve been in a recession?Very patronising for the many jobless who are actively seeking work.
RESPONSE FROM LEADER OF THE OPPOSITION
Phil Goff’s reply to John Key
Notes for speech in Parliament
Once again, we’ve heard the rhetoric – but there’s no substance.
It’s Alan Bollard one, John Key nil.
It’s proved Alan Bollard right – John Key’s promise to catch up with Australia is a hollow one – there’s nothing in this speech that represents step change.
Instead, it’s a step back.
There’s no bold plan or any plan at all.
This was hyped by the Prime Minister’s team to be his most important speech.
It was Big Tuesday, they said. More like Tiptoe Tuesday.
He signals a rise in GST, which I oppose, but he trembles as he says it.
“We’re only considering it”.
“No decisions have been made”.
“We’ve asked for more work to be done on it”.
They’ve left a bolt hole they can scamper into when the heat gets too much.
They say they want a fair tax package but they know that it is really about mates’ rates.
Cutting the top income tax rate down to 30% would give the PM, on his salary alone, $509 a week. He doesn’t need it.
Paul Reynolds would get $2600 a week.
Someone on the minimum wage would get nothing, which comes after the miserable 25 cents John Key gave them last month.
A person on the average wage of $48,600 gets 35 cents a week and on $70,000 just $12.69.
And GST would hurt most those who have to spend all their income to make ends met and particularly those with children.
Compensating people for the rise would leave just $200 million more in revenue out of the $2.2 billion in tax take from extra GST, according to Treasury.
Why would you bother?
Aren’t people paying enough for the things they have to buy? Low and middle income earners will ultimately pay more income tax as inflation puts them into higher tax brackets.
Mr Key should tell us who are the winners and who are the losers, but he has failed to do so because the real winners will be his well paid mates.
The bulk of New Zealanders at best will just get compensation for increased prices from GST, if that. They will pay more for their bread, milk, power and their kids’ shoes and school fees, and their block of cheese.
But this statement wasn’t just about tax. It was about the Government’s overall programme to advance New Zealand.
In that, it lacks substance, it lacks conviction, it lacks anything new.
It is a series of reheated announcements we’ve heard before.
Like late night TV, it’s repeat after repeat.
The Kopu Bridge – funded and initiated by Labour — has been re-announced for the 11th time. Even though National’s sole input was to bring it forward by six months.
R&D, where National abolished the $2 billion Fast Forward Fund and repealed the R&D tax credit, has been suddenly found by National to be important.
But they say there’s no extra money to put into it. Australia increased their R&D by 25% and John Key pretends he has a plan to catch up.
John Key said Alan Bollard was wrong about there being no plan to catch up with Australia. He was negative, pessimistic.
But in fact Dr Bollard and the rest of New Zealand were right to be cynical.
New Zealand has the potential to be world beating, with its resources like water, its environment, ingenuity that gave us the digital effects behind Avatar.
But the National Party does nothing in this statement to unleash that potential.
And for all John Key’s rhetoric, his Government has widened the gap not narrowed it.
New Zealand’s unemployment, always lower than Australia’s, is now 30% higher.
Australia has invested in skills and education. National here has dumped the New Zealand Skills Strategy, to the dismay of unions and employers alike.
One in five Kiwi young people are not in work, education or training.
In Australia, it’s less than one in ten.
Where is the plan today to get 168,000 unemployed Kiwis back to work?
Over a quarter of these New Zealanders have bee out of work for more than six months.
Where is the commitment to turn around the sad situation we saw in South Auckland two weeks ago – 3,500 people desperately queuing for 150 low paid supermarket jobs?
John Key last December said he was pretty happy about the unemployment figures. An extra 18,000 extra Kiwis were joining the unemployment queue as he made that statement.
He described unemployment as a backward looking statistic. What he’s actually referring to is human beings who have lost their livelihoods, with all the personal, social and financial costs that entails.
He claimed last week that his Government has done “as much as we possibly can about unemployment”.
That’s simply untrue.
The job summit was just hot air – the talkfest he claimed it wasn’t going to be. At best it saved a handful of jobs while tens of thousands were losing them.
The Aussie’s took serious steps to deal with unemployment and got it down across the Tasman.
Here we just got political rhetoric from Mr Key and Mrs Bennett and unemployment has risen to the highest level in 17 years.
What in this statement gives hope to hard working Kiwi’s to help their families get ahead?
Hundreds of Kiwi families struggled last year to pay their bills as real incomes fell.
The Labour Cost Index this month showed that 56% of salary and wage rates didn’t increase last year but prices continued to rise and will rise further with GST.
Public servants were told not to expect a pay rise for five years by a Minister of Finance who secretly doubled his housing allowance to higher than what the average worker gets as a full-time wage.
Those on the minimum wage got a miserable 25 cents an hour more – less in the hand at the end of the week than the cost of a family size packet of WeetBix.
Middle income earners found that they were working harder but not getting ahead.
Change to the tax system could help. Labour cut company taxes, gave tax credits worth hundreds of millions to families through Working for Families lifted 130,000 children out of poverty, and stimulated the economy with big personal income tax cuts in the 2008 Budget.
National on the other hand gave the bulk of its tax cuts to the highest income earners and nothing at all to families with kids earning under $40,000.
The tax changes foreshadowed here do little or nothing for hardworking low and middle income earners.
If and where tax loopholes are closed and a level playing field is created between different areas of investment, we will support that but there is no evidence of benefits from this tax package for low and middle income earners.
Then there was John Key’s promise that he would look after the most vulnerable. Empty words when you consider he was cutting assistance to severely handicapped children and assistance to those in second chance adult and community education while subsidising elite private schools with tens of millions of extra funding.
Empty words and political spin too when he came to McGehan Close in my electorate, insulted the residence by calling it a ‘dead end’ street nut promised to help those there he termed an underclass.
Remember the spin around taking young Aroha up to Waitangi and giving her mum a job.
What do they say in McGehan Close now?
Joan Nathan says she has been let down by the Prime Minister and her daughter Aroha now wants nothing to do with him.
She says she and her family are worse off since National won the election.
She says she’s “pretty anti with Mr Key at the moment”.
“He just made everything worse for us and made it easier for the ones that are higher up. I’m struggling every week”.
The job she was so generously given by the National Party mysteriously became redundant. Jackie Blue said her office had merged with Sam Lotu-Iinga.
That’s funny. One’s in Dominion Road Mt Roskill. The other in Onehunga Mall.
And Mr Key who said in 2008 that “the rungs of the ladder of opportunity has been broken”, stopping people like Joan Nathan from getting ahead. She says in fact National cut the training allowance she would have got to undertake a job skill course.
Where in this statement is the National Party’s blueprint for lifting skill training and dealing with educational underachievement.
15.4% of Maori are currently unemployed and for young Maori it’s probably one in 4.
At 14% for Pasifika people it’s not much better.
Flying a sovereignty flag over the Harbour Bridge won’t help that, but I guess it will distract attention from the problem.
Soon this Government will exhaust the publics’ patience for political spin.
This statement today was a chance to set out a plan to a real difference for New Zealand.
A chance to share the benefits of international economic recovery across all New Zealanders.
To build an economy that can close the gap with Australia, create growth through building skills, promoting innovation.
But once again it has let the opportunity slip, has offered to serve the few not the many and to tinker around the edges rather than implement change which will matter.
This statement by the PM fails on all counts.
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