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Imagine if National had not sold the shares in our companies 2015 version

Written By: - Date published: 8:08 am, August 30th, 2015 - 46 comments

emerson-privatisation

The latest financial reports for the privatised companies suggests that the New Zealand Government has lost in the past twelve months $470 million in dividends it would have received had it held onto the shares.

70 refugees dead in small truck on Austrian roadside

Written By: - Date published: 9:04 pm, August 28th, 2015 - 107 comments

death truck 2

When European and NATO countries participate in destabilising and destroying nearby countries, the human tragedy doesn’t stay neatly confined to the other side of the border.

Guest post: How the left should respond to financial crises

Written By: - Date published: 8:00 am, August 27th, 2015 - 136 comments

Keep calm vote left

In a guest post Ad suggests that in this time of crisis the left should set out a plan for handling the crisis, rather than hoping that a new order will emerge.

Nats losing it on the TPP

Written By: - Date published: 7:02 am, August 27th, 2015 - 72 comments

Angry John Key

National are trying to evade even the simplest questions on the TPP – because the truth is profoundly undemocratic. As usual Groser and Key turn to insults instead of engaging with people’s legitimate concerns.

NRT: Climate change: Absolute madness

Written By: - Date published: 5:11 pm, August 25th, 2015 - 12 comments

no right turn

I/S at No Right Turn: “the government is spending tens of millions of dollars a year paying these companies to destroy the world. It is absolute madness”.

TPP – dooming our grandchildren to poverty

Written By: - Date published: 9:36 am, August 25th, 2015 - 31 comments

Key blighted future

… up to 45% of current jobs will cease to exist.

The world’s stock markets: I see Red

Written By: - Date published: 8:11 am, August 25th, 2015 - 156 comments

World stock markets

China’s sharemarket plunge has affected the rest of the world as stock exchange after stock exchange has posted losses.  It appears clear that predictions of a Chinese sharemarket bubble market are correct and now that the Chinese Government is no longer propping up share prices they are crashing.

“Wall St braces for a brutal open after China rout”

Written By: - Date published: 10:12 pm, August 24th, 2015 - 121 comments

China share market crash

Wall St opens for trading in a few hours. When websites like MarketWatch start headlining using words like “brutal”, “rout”, “panics” and “carnage” you know it’s time to grab the popcorn and buckle in for what might potentially (and finally) be the start of GFC 2 proper.

Hard left Corbyn receives public backing from 41 leading economists

Written By: - Date published: 7:56 am, August 24th, 2015 - 118 comments

corbyn

Jeremy Corbyn announces the potential renationalisation of privatised state assets, with minimal compensation. While 41 leading economists back his anti-austerity stance. This is what left wing leadership and courage looks like.

Health and safety categories – ludicrous and venal

Written By: - Date published: 8:07 am, August 22nd, 2015 - 8 comments

Worm farm mini golf work safety

A small sample of the reaction to National’s “health” and “safety” nonsense.

July 2015 the warmest month ever

Written By: - Date published: 5:16 pm, August 21st, 2015 - 65 comments

Temp percentiles

July was hot hot hot. Meanwhile, let’s keep focussing on economic growth and more exports (and not making the middle classes too nervous that life is going to change radically, one way or another).

Signs of a society under stress

Written By: - Date published: 8:05 am, August 21st, 2015 - 76 comments

homeless

The signs are all around us.

Greek PM calls new election

Written By: - Date published: 6:34 am, August 21st, 2015 - 51 comments

greek-protest

A bold move by an administration in an impossible position.

Dead Hands

Written By: - Date published: 10:43 am, August 20th, 2015 - 11 comments

sendai-300x243

Time worn patterns and predictable decisions.

Dom Post on TPP arrogance

Written By: - Date published: 7:25 am, August 20th, 2015 - 32 comments

TPPA

An unusually forthright anonymous editorial in the Dom Post yesterday – not comfortable reading for the Nats on the TPP.

Earth overshoot day

Written By: - Date published: 11:20 am, August 17th, 2015 - 22 comments

earth overshoot day 2015

August 13th was Earth Overshoot Day. We have already consumed what the Earth can sustainably produce in a year, for the rest of this year we are consuming “ecological capital”. This can’t go on. But it is a problem that our current political and economic systems cannot solve.

Zero by 50

Written By: - Date published: 5:34 pm, August 9th, 2015 - 138 comments

SONY DSC

In Copenhagen, our government committed itself, and by extension, us “To hold the increase in global temperature below two degrees Celsius and to take actions to meet this objective, consistent with the science and on the basis of equity”

And yet…

250 to 300 Job Losses at Unitec in Auckland

Written By: - Date published: 10:23 am, August 8th, 2015 - 84 comments

outsourcing

Under Unitec’s new vision students will be known as Customers. Student services will be outsourced (overseas)

Aspiration statement
To be a world leader in contemporary applied learning and an agent of positive economic and social change
.

# Talleyban

Written By: - Date published: 5:50 pm, August 4th, 2015 - 47 comments

MWU-Logo_1

Talleys have fired the first shots in National’s new class war. You can stand with the AFFCO workers and reject the Tories new anti-union law. Boycott Talleys. Make a stand for your fellow Kiwis.

The modern precariat and the Unconditional Basic Income

Written By: - Date published: 2:09 pm, August 2nd, 2015 - 127 comments

Kesier Report

A UBI would allow ordinary people to shift their daily focus from doing paid jobs making money for others, to doing useful work of their own choice, under their own control.

A thinking opposition

Written By: - Date published: 7:36 am, August 1st, 2015 - 56 comments

the-future-of-work-1-638

So the news on Labour’s first paper from its “Future of Work” Commission revolves around “ex-Labour member” Phil Quin noticing some missing quote marks and National making gleeful diversions from it. But of course what is actually important is the content.

The Future of…Jobs?

Written By: - Date published: 7:17 am, August 1st, 2015 - 78 comments

Shiny happy high tech

A relevant and real “Future of Work Commission” needs to be centred on building creativity, increasing collectivity, dealing with climate change and achieving fossil fuel transition.

Shut up and take your medicine

Written By: - Date published: 7:30 am, July 31st, 2015 - 26 comments

sucker

As commentators and dairy industry insiders warn of TPP disaster, the Nats’ message to we the people is shut up and take our medicine – oh and by the way the price just went up.

John Key – Snake Oil Salesman

Written By: - Date published: 12:33 pm, July 30th, 2015 - 42 comments

john-key-snake-oil

John Key has tried to suggest that we have nothing to worry about planned changes to Pharmac caused by TPP.  But a recent further release by Wikileaks on the effects of the Trans Pacific Partnership on State Owned Enterprises makes you wonder if the implications of TPP on Pharmac are as limited as he says.

We’re going to sign a rubbish deal

Written By: - Date published: 8:58 am, July 30th, 2015 - 105 comments

sucker

We’re not making progress on dairy in the TPP negotiations, but the smart money reckons we’re going to sign anyway.

Update: Read what a real journalist has to say on the current state of negotiations.

Giving away the shop for nothing

Written By: - Date published: 9:29 am, July 29th, 2015 - 144 comments

sucker

We are giving away the shop and we don’t know what if anything we will get in terms of dairy access yet. Our negotiators have signaled that they are weak. And even if we get what we want it is probably worth bugger all anyway.

The great Chinese sharemarket selldown

Written By: - Date published: 11:48 am, July 28th, 2015 - 70 comments

China share market crash

The Chinese Stock market sell off has started again a couple of weeks after rather desperate measure were put in place.  The question has to be what will the Government do now?

National’s week from hell

Written By: - Date published: 8:30 am, July 26th, 2015 - 43 comments

brighter future national

This was the week from hell for National when they experienced the Serco fiasco, news that they responded to a suggestion they close a failing Charter School by giving it more money, the Judicial spanking of their undermining of the Problem Gambling Foundation and the ruling that their legislation removing the rights of some prisoners to vote was a breach of the country’s human rights.

Andrew Little: TPPA no way …

Written By: - Date published: 7:23 am, July 24th, 2015 - 180 comments

andrew little square

Andrew Little has outlined five bottom lines that have to be met before Labour will support the Trans Pacific Partnership Agreement.  These include protecting Pharmac, no investor state dispute resolution procedure, New Zealand retains the right to restrict land sales to overseas entities, the Treaty of Waitangi is upheld and there are meaningful gains for farmers in tariff reductions and market access.

Auckland house prices – the good ol’ days ’05

Written By: - Date published: 7:14 am, July 17th, 2015 - 58 comments

Monopoly Skyscrapers

Home ownership rates have been crashing since the 1990’s. Auckland house prices have been classed as “seriously unaffordable” since 2006 or earlier. The answer is to make sure that houses are no longer considered a financial asset for capital gains.

GFC 2 in the oven: trillion dollar bailouts

Written By: - Date published: 7:06 am, July 10th, 2015 - 26 comments

one billion

Trillion dollar bank bail outs, interest rate apartheid and GREXIT. The ingredients for GFC 2 and another round of shock capitalism are quietly simmering. Graphic is of what US$1B looks like in printed notes.

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