Daily Review 05/10/2015

Written By: - Date published: 6:00 pm, October 5th, 2015 - 26 comments
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26 comments on “Daily Review 05/10/2015 ”

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  1. rob 1
    5 October 2015 at 6:10 pm

    that pic is the stuff of nightmares. should be ‘R’ rated. do not show children anytime but especially before bed!
    creepy runs deep in the nats.

  2. Amanda Atkinson 2
    5 October 2015 at 6:43 pm

    What about the yanks blowing up that hospital … what a disgrace … the military industrial complex is out of control. Imagine if someone sent drones into a USA town and killed citizens? The world would be outraged. I hope the USA get done for war crimes, fat chance. I don’t assume that all corporations are evil, and that the world is being taken over by a right wing conspiracy … but those with a direct interest in death and destruction, and profit from it, well that is a conspiracy, absolutely it is. How many innocent people have been killed by the USA practicing their war games with drones? I have no idea, but good grief. Imagine if it happened to them. We’d never hear the end of it. The silence of the worlds media on American drones is disgusting (yes I know this one was an air strike). When it comes to this, I think the view that the western media is complicit in the military industrial complex has weight. What scares me, is that the USA is an economic cot case. To get out of it, they can’t drop interest rates (they’re already zero), so, they will either start printing money again, or start a war. Either way, the world will pay big time. If they start printing money again, watch out little NZ, our exporters will be destroyed by a rocketing NZ dollar. And, the dirty rotten filthy wall street banks will make even more of a killing than they did during that first 3 round of money printing (QE 1, 2 and 3). Look at Goldman Sachs profits during QE 1,2 and 3 during, through the roof. Forget the TPPA, this is the real issue facing us.

    • Draco T Bastard 2.1
      5 October 2015 at 7:23 pm

      What scares me, is that the USA is an economic cot case. To get out of it, they can’t drop interest rates (they’re already zero), so, they will either start printing money again, or start a war.

      That’s not an either/or scenario. They’ll probably do both and, yes, the world will pay big time for their arrogance and hubris.

      The simple fact of the matter is that our ‘economic system’ is completely divorced from economics and has become nothing more than an excuse to enrich the already rich rather than providing what society and the world needs.

    • Paul 2.2
      5 October 2015 at 8:04 pm

      TPPA and Goldman Sachs connected.

      • Amanda Atkinson 2.2.1
        5 October 2015 at 8:07 pm

        now you’re being silly, again.

        • Paul 2.2.1.1
          5 October 2015 at 8:12 pm

          No, really.

          ‘It took just a few days after the stunning defeat of Obama’s attempt to fast-track the Trans Pacific Partnership bill in the Senate at the hands of his own Democratic party, before everything returned back to normal and the TPP fast-track was promptly passed. Why? The simple answer: money. Or rather, even more money.

          According to an analysis by the Guardian, fast-tracking the TPP, meaning its passage through Congress without having its contents available for debate or amendments, was only possible after lots of corporate money exchanged hands with senators. The US Senate passed Trade Promotion Authority (TPA) – the fast-tracking bill – by a 65-33 margin on 14 May. Last Thursday, the Senate voted 62-38 to bring the debate on TPA to a close.

          The result: it took a paltry $1.15 million in bribes to get everyone in the Senate on the same page. And the biggest shocker: with a total of $195,550 in “donations”, or more than double the second largest donor UPS, was none other than Goldman Sachs.’

          http://www.zerohedge.com/news/2015-05-30/how-little-it-cost-bribe-senates-fast-tracking-obamas-tpp-bill

    • millsy 2.3
      5 October 2015 at 10:41 pm

      TPPA or no TPPA, the banks will always call the shots.

  3. rob 3
    5 October 2015 at 6:50 pm

    and our own pm with shares in the bank of America. not my choice of pm or choice of coalition partner in the world.

  4. Nck 4
    5 October 2015 at 7:30 pm

    Maybe NZ’s future lies with Bernie Sanders….. Hope another presidential miracle occurs.

  5. NZSage 5
    5 October 2015 at 8:23 pm

    Serco to take over Wellington commuter trains? God help us all! http://wellington.scoop.co.nz/?p=82068&cpage=1#comment-547614

    • maui 5.1
      5 October 2015 at 8:49 pm

      We’re heading for that dystopia future that members of the right don’t bat an eyelid too.

      • Draco T Bastard 5.1.1
        5 October 2015 at 9:26 pm

        That members of the right-wing seem to want as they put in place policies that will bring it inevitably about.

  6. In Vino 6
    5 October 2015 at 8:36 pm

    Well, it does throw into stark relief the asinine comments of our beloved leader John Key, who boldly criticised Russia’s bombing of ISIL in Syria on the grounds that those dirty Russians might hit innocent civilians… Our side could have told the Russians heaps about that in advance, couldn’t they Mr Key???
    (I clicked on reply to message 2, but somehow became new message No 6.)

    • Voyager 6 6.1
      6 October 2015 at 8:36 am

      Now come on, that’s not true…everybody knows that Number 6 was Number 1. Be seeing you.

  7. Draco T Bastard 7
    5 October 2015 at 9:25 pm

    Paris’s first attempt at car-free day brings big drop in air and noise pollution

    The report – entitled Air Pollution: the Cost of Inaction – estimated that pollution caused up to 45,000 premature deaths in France a year, from asthma, chronic bronchitis, heart attacks, lung cancer and strokes.

    The Sénat criticised successive governments for a “failure to mobilise” to clean up the city’s air.

    We hear a lot about the pollution of Beijing and other mega cities in China but this is the first I’ve seen where the pollution in Europe can be said to be just as bad.

  8. joe90 8
    5 October 2015 at 9:42 pm

    In an effort to win this months Canadian general election Harper’s tories wheeled in Lynton Crosby. Here’s the plan –

    Michael Den Tandt Verified account
    ‏@mdentandt

    The stoking of xenophobia to mask an absence of platform distinction may be the ugliest thing I’ve seen in 25 yrs of covering cdnpoli.

    https://twitter.com/mdentandt/status/650382243769253888

    http://news.nationalpost.com/news/michael-den-tandt-tories-arent-xenophobic

  9. Draco T Bastard 9
    5 October 2015 at 9:51 pm

    Think dairy farming is benign? Our rivers tell a different story

    Climate change, water use, forest destruction, river pollution, floods, dead zones in the sea: the impacts of animal farming are massive and global; in many cases greater than those of anything else we do. But we don’t want to know.

    Livestock keeping is so embedded in our cultural and religious identity that to challenge it is, it seems, to attack the foundations of society. We like to see ourselves as free thinkers, but we all have our sacred cows.

    It’s about the UK but it could just as easily be applied to New Zealand.

  10. Tautoko Mangō Mata 10
    5 October 2015 at 10:02 pm

    Paper on How pharmaceutical industry pursues interests through international trade + investment agreements, like #TPP (pdf)

    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2668576

    • lprent 11.2
      6 October 2015 at 12:06 am

      Lyn was extolling the virtues of Humans of New York during the weekend. Sounds like I will have to have a closer look at them than having her reading from them in the car on the way to Rotorua on Saturday morning. Elderly parents

      As well as the clarity of writing, I was impressed by the fund raising they do for others.

  12. Draco T Bastard 12
    5 October 2015 at 10:41 pm

    One thing that I didn’t realise when reading Dune 30 years ago was that the worms described in it were based upon real fish*.

    * No, I don’t know if that’s true but considering how close the fish comes to the description of the worm…

  13. Draco T Bastard 13
    5 October 2015 at 10:54 pm

    You can print money, so long as it’s not for the people

    Quantitative easing is bizarrely unapproachable, even though it’s happening right across the world and its unwinding will dominate the economic picture for years to come; one is allowed to reference QE, so long as one maintains at all times a technocratic tone, to indicate that one understands and approves of it as nothing more than a lever to create stability. It was the best idea ever, until you suggest something similar could be done for a social purpose, and then it’s the most perilous idea ever. To interrogate why the benefit must always go to the existing asset-holding class, why human ingenuity can’t devise anything more productive and equitable, is to reveal the shaming depth of your incomprehension. It’s not that you don’t understand money; it’s that you don’t understand the exigencies of the debate, which are that you sign up to a number of false principles before you start.

    And that pretty much sums up the debate about governments printing money to build stuff.

    The whole article is a must read as it rams home a few home truths that the banksters and politicians don’t want you to understand.

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