Questions on asset sales

National never fail to intrigue me. On the Friday night (Election 2011 opening address) October 28 7.30pm TV1, Happy John answered a question with regard to asset sales.
In essence, he said that the money from them would go towards developing and growing other assets.
I have, up until now, understood that it was going to help us pay off our $18 billion dollar debt, but this statement makes even less sense than that.
Why would we sell well performing assets, to put the money into growing and developing others, which could even be doubtful performers?
And why would we contribute again, to what we already own? Have they really any super brilliant ideas, or is this just still more fuzzy, feel good, thinking, so that we will continue to be dazzled by the plastic smile, and hopefully forget the lurking crocodile?

R McGuinness, Tauranga.

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