Being stupid on the economy

Written By: - Date published: 10:02 am, February 23rd, 2009 - 20 comments
Categories: economy, employment, wages, workers' rights - Tags:

Brian Fallow  has some extraordinarily good analysis of the economic situation in his piece today. Here’s some important passages (and my, unfortunately, extensive comments):

“We are really talking about two recessions back to back,” AXA Global Investors chief economist Bevan Graham said. “Last year it was a domestic one, that we needed to have. There were excesses in the housing market and consumption that needed to be worked out. But then we get hit by this global storm.”

We had a very strong period of growth from 1999 to 2007. While policy was part of the reason for this (Labour’s full employment policy, for example, bedded in high domestic demand) there was an underlying demographic reality – the baby-boomers have been middle aged for the last decade, this means they’ve been at their peak earnings without dependents and looking to build a retirement nest-egg. And what’s safer than houses?

The wealth effect created by all this investment in housing added to high employment and high wage growth to fuel demand, which added inflationary pressure (leading to higher interest rates) and caused the trade balance to worsen as we imported more. You’ll recall that during this period National was demanding Labour throw more fuel on the fire through tax cuts, which would just have been more inflationary, while at the same time complaining that interest rates were too high because the Reserve Bank was trying to contain inflation. The real solution would have been to try to deflate the housing bubble and the accompanying wealth effect early and slowly with a capital gains tax on second homes but neither National nor Labour would go there. They were fixated on keeping the good times rolling forever. But you can’t remain at above-trend growth forever, eventually there needs to be a correction, and although that point had been put off both by good fortune and Labour policy a small, short recession primarily caused by the collapse of the housing bubble (and the drought and oil prices) was inevitable.

“For much of last year it was hoped that by now the economy would be in an export-led recovery. Instead world trade is shrinking.”

Unfortunately, the rest of the developed world had also been in a long-term boom and it came to a crashing halt with the collapse of other housing bubbles and record prices for oil and commodities (the relationship between the commodities spike and the housing collapse will be an interesting topic of study for economists). The global finance sector was greedily geared towards permanent boom times. When things started to go bad, people couldn’t afford their mortgage payments which underpinned the value of trillions in investments. The finance sector went into meltdown sending the broader world economy into recession (we had earlier seen something similar on a small scale with the collapse of finance companies here).

In theory, with low interest rates, a lower dollar, lower house prices, ‘spare capacity’ in the labour market, and stimulus from Labour’s tax cuts and 2008 Budget spending, we should be set for recovery but the international situation, particularly the shortage of credit and falling demand for our exports is blocking that. Instead, all the money we borrowed from overseas on the back of the housing wealth effect so we could buy more imports leaves us dangerously exposed now the lending has dried up, and we have a negative wealth effect from people seeing the value of their assets (houses, shares) fall. This is leading to more people becoming unemployed.

“The year started with 105,000 people or 4.6 per cent of the workforce unemployed. Forecasters expect it to be closer to 7 per cent by the end of the year [the New Zelaand Insitute is saying up to 11.2%]. Every percentage point increase represents around 23,000 people. The effects spread beyond those who lose a job or cannot find one, and their families. The fear of losing their jobs encourages people to spend less and reduce debt or build up precautionary savings. The risk is a vicious circle where cautious consumers spend less, leading businesses to invest less and employ fewer people, leading to a further contraction in spending.”

We need to head off this secondary round of contraction by stopping unemployment reaching high levels (the current 4.6% is still lower than we ever had between 1987 and 2003 but hours worked are falling sharply). That’s what the rest of the world is trying to do with massive stimulus programs like the trillion dollars and more the US, the EU, and China are each injecting into their economies this year and next. It might work (frankly, if those economies do start to grow as a result of their packages, I suspect it’ll just spark another oil spike, slamming the world back into recession). What won’t work is doing nothing, which is essentially what National is doing – sure it has moved forward by a year or two a few roading projects but it also reduced its tax package, slashed Kiwisaver and R&D tax credits, has signalled spending and wage freezes for the public sector, and made only a token increase to the minimum wage, all of which are de-stimulatory compared to business as usual.

During the election campaign, Helen Clark said her focus if re-elected would be “jobs, jobs, jobs” and the new Government has picked up the mantra. But we’ve yet to see any action; any actual net stimulus to create jobs. It would be straining optimism to the point of foolishness to expect anything out of this week’s Jobs Summit but something needs to happen and it needs to happen quickly. While the rest of the world works over-time to protect their economies, we’re sitting on our hands and watching the jobs evaporate.

20 comments on “Being stupid on the economy”

  1. ieuan 1

    A capital gains tax on property would be very unpopular. A better option to slow down the housing bubble would have been to phase out the tax incentives that exist for negatively geared property.

  2. which also would have been unpopular. but I agree that would also have been an option.

    It’s often forgotten that only 8% of people have investment properties, but they are wealthy baby-boomers, so they punch above their weight politically. Both Labour and Natioanl too desperate to get their votes.

  3. Rich 3

    How many property investors would every contemplate voting Labour? 0.1%?

    If Labour had brought in housing market deflation measures in ’06, they’d probably have lost the election, but that happened anyway. They might have even done better if National voters had been flushed out of the country.

  4. djp 4

    Steve: Where does the govt get its money to “create” jobs?

    If it takes money from the productive to create jobs for the unproductive then our economy as a whole will be less productive.

    “The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.”

    It is also amusing to note that you give Labour credit for strong growth in 1999 to 2007.. do they get any credit for 2008 and beyond?

  5. djp. I didn’t give Labour credit, I said they had a minor positive effect – the underlying causes of the long period of growth are far bigger than New Zealand and economic policy, it comes down to demographics. And I know you’re desperate to blame Labour for the recession but you’re dreaming the ideologue’s dream.

    The Government can raise revenue by borrowing at low sovereign rates or by raising government income. Everyone else is borrowing and we can afford to do some borrowing too, if we spend the moeny wisely, we’ll create a better economy in the end to pay off the debt, rather than just sitting on our hands while things get worse.

    I love the ‘it ain’t real’ quote marks you put around ‘create’, you better rush off and tell every economist in the world that they’ve got it wrong.

  6. “If it takes money from the productive to create jobs for the unproductive then our economy as a whole will be less productive.”

    This is such a poor piece of reasoning I’m not going to deal with it but I quote it merely so others can gaze on it and think ‘there but for the grace of God go I’

  7. Matthew Pilott 7

    How many property investors would every contemplate voting Labour? 0.1%?

    Rich, you have missed the latest talking points. Landlords are not wealthy people, they’re just ordinary people trying to get by. At least that was the angle when we were all talking about tenant v landlord legal contracts.

    Now that we’re talking about something else, they’re all ‘property developers’?

    Umm… and you do realise that property developers err…develop… property and sell it, don’t you?

  8. Pascal's bookie 8

    Steve, you forget that ‘productive’ and ‘unproductive’ are permanent states. They are things inherent to a person. People are either leeches or randian supermen (even if they are womenz!).

    A equals A’ etc ad funking nauseum.

    When you forget this you run the risk that the productive will get sick of the society that has enabled their productivity, and run off and form a glorious new society where they can all sit around being fabulously wealthy together, swapping real estate, doing each others hair, having sex on beds of banknotes and sneering at how much the rest of miss us them. It’s all right there in the bibble. Atlas Shags.

    To which I can only say, please. No one’s a stopping ya.

  9. Matthew Pilott 9

    PB – hilarious…

  10. ropata 10

    My friends were burned by artificially inflated house prices, they bought a cheap place with a “welcome home” loan for $200K. I reckon its true value in the current market is $150K. They only have an average income with 2 kids and mum only working part time. They are stuck with a 30 year mortgage based on the faulty assumption that house prices would inflate for eternity and they could sell at any time. The speculation and greed and property mania would have been GREATLY reduced by removal of the sacred property tax advantages. NZ governments need “the guts to do what’s right” for those disadvantaged by a heavily tilted playing field.

  11. Around 50 million jobs have evaporated globally in the last year.
    In the US over half a million jobs disappear every month at the moment.
    Over 10.000 people a day go into foreclosure every day.

    To think that NZ can get by with minor job creation projects is laughable.

    As to the fairytale that NZ went to a little recession followed up by the global tsunami is even more ridiculous. the first signs of recession in NZ where directly related to the global collapse we are now witnessing. Just because most Kiwi’s where not aware of it happening doesn’t mean it didn’t.

    The global economy started to tip over in early 2007 and showed in New Zealand in the rise of the dollar against the US dollar as speculators used their money in the NZ dollar and the Iceland dollar to make quick profits while the economy started to tank. That made export more difficult putting the breaks on the NZ economy.

    You guys perhaps don’t remember a wood mill going under as the result of the strength of the NZ dollar and the downturn of building projects being commissioned in the US but it went down in 2007 and it was one of the first victims of the US collapse.

    This is a quote from John Key’s speech at the APEC top about cheap foreign credit flooding New Zealand in the last 10-15 years:

    Over the past decade or so the global economy was fuelled by a private sector credit boom (Banks of course are private sector) made possible by a combination of large macroeconomic imbalances with and between economies, relatively low global inflation, new waves of financial innovation, and huge amounts of leveraging by hedge-funds and other financial institutions.

    Macro economic imbalances is John Key’s speciality of course. It’s called gabling with currencies and manipulating the imbalances between them to make loads of money. Not only that, according to this interview John Key was running the department responsible for all these flashy new financial instruments and Merrill Lynch was one of the first to see the importance of big secretive hedgefund manipulations of which John Key was well aware

    (Key explains: “I had a whole lot of people working for me who were at the cutting edge of delivering quite complex and new and innovative products. They tended to either be a new product or into a new market, usually the emerging markets, Russia, Brazil, Argentina. I wasn’t the guy sitting there dreaming it all up, but I was the guy who was responsible for those people.” Did he foresee the problems which resulted in the sub-prime crisis? “Was it hard to predict? Not really.”)

    according to this interview.

    Next he goes on saying:

    Again, New Zealand’s case is illustrative. We have in recent years experienced a housing market boom built on easy credit. (Not on increased population, decrease of housing or increase of wages, the normal real world economic parameters which control the value of a scarce resource but cheap money, at least that what our golden boy himself says)

    For well over a decade a glut of global credit created an illusion of almost limitless liquidity that in turn fuelled an unsustainable credit boom. This capital was mainly sourced from offshore.(I rest my case, Our golden boy knew full well what was fuelling our unsustainable house prices)

    The result of these seemingly unlimited foreign-capital flows was that New Zealanders were able to rely on cheap fixed-rate debt, which in turn drove house prices ever higher.

    This is an interesting remark of course. John Key was working in Wall street where all cheap credit originates from and his bank was one of three collapsing as a result of it’s irresponsible gambling in derivatives. Oh, oops the same derivatives trade John Key ran for Merrill Lynch.

    And here is another one:

    While the Reserve Bank worked hard to lean against these trends, the credit glut weighed against our Reserve Bank’s power to contain demand through monetary policy adjustments.

    Many of you will have had similar experiences. As a result, governments and central banks around the world are turning their minds to what they can do to prevent, or at least alleviate, such soaring booms, and their resulting busts, in the future.

    So while the Reserve bank tried to stop the totally out of control and not based on real increases in value housing boom John Key and his mates happilly flooded the market with cheap money, bubbling away and this is what John Key ends with:

    So now the party is over and the taxpayers of the world are left to underwrite – in one form or another – the liabilities and obligations of banks and, by extension, their hedge-fund clientele.

    For those of you interested in more of his thoughtful gems here is the whole speech

  12. Sorry, about the length of the previous comment.

    I just get so angry when John Key spells his role in and knowledge about the pending disaster out and nobody of our esteemed fourth estate has the gumption to ask the man some serious questions.

    Someone please just please let me at him.

  13. Pat 13

    John Key must be the worlds greatest ever evil mastermind if he can single-handedly set in motion the downfall of the global financial system some 6 or 7 years in advance, then hide away in a small country’s political system waiting to seize power when his plans come to fruition.

    His fall down the stairs and clumsy dancing with Tras-sexuals was all designed to mask his evil cunning.

    Maybe his arm wasn’t even broken at all.

  14. djp 14

    Steve:


    The Government can raise revenue by borrowing at low sovereign rates or by raising government income. Everyone else is borrowing and we can afford to do some borrowing too, if we spend the moeny wisely, we’ll create a better economy in the end to pay off the debt, rather than just sitting on our hands while things get worse.

    So we are facing govt debt of 30+ percent of GDP or something right.. so the solution is to borrow more to get out of debt?


    I love the ‘it ain’t real’ quote marks you put around ‘create’, you better rush off and tell every economist in the world that they’ve got it wrong.

    Yeah I love it too :), why dont you appeal to logic instead of authority? For every job the the govt “creates” they take a job away from some other sector. Somebody has to pay the bill for that new job, and that somebody now cannot fund a job that would actually have benefited him.


    “If it takes money from the productive to create jobs for the unproductive then our economy as a whole will be less productive.’

    This is such a poor piece of reasoning I’m not going to deal with it but I quote it merely so others can gaze on it and think ‘there but for the grace of God go I’

    If you do that too often I might start to suspect you are dodging the point… if it is totally stupid then you ought to be able to point holes in my logic easy enough, come on!

  15. Pat,

    I make no such suggestion. John Key did not set the global collapse in motion. He was however very much part of the investment banker class that did. IAs the quotes from some of his speeches and interviews show but I understand that this is a little to much for your little Kiwi brains nor used to actually having to think about the fact that we are part of the rest of the world but perhaps a little education would help.

    Why don’t you read these very interesting articles on the history of the New York Federal Reserve from 1987 and their nice little policies that made the coming collapse possible.

    The only way NZ will be able to deal with what’s coming is either Nationalise our money supply (I.e. print it ourselves) and our resources or sell our country to the highest bidder, i.e. the international financial predators. You decide what is likely to happen.

    What you reckon Pat? Will John Key stand for NZ or will he happily sell us to the highest bidder?

  16. Quoth the Raven 16

    As Nobel prize winning economist Paul Krugman said recently, in relation to the Employee Free Choice Act in the the US, there is a way to stimulate the economy without spending any of the taxpayers money, but obviously right wingers would never consider it and would wish to do the complete opposite, merely because they hate free markets so much. What is it? Strengthen the unions. New Zealand could do this simply by removing the regulations that fetter unions.

  17. @ work 17

    C’mon Steve sort your act out, haven’t you heard, the ghost of Roger Douglas is handing out a chocolate fish for every time you can write “Decade of Deficits” on your blog, for the whole rest of JK’s first 100 days!

  18. vto 18

    QtR, such as what particular regs … ?

    Curious, as labour is in many ways a form of capital and should be able to move as a free market item like any other. According to particular doctrine..

  19. RedLogix 19

    the real solution would have been to try to deflate the housing bubble and the accompanying wealth effect early and slowly with a capital gains tax on second homes but neither National nor Labour would go there.

    I do have a genuine question. Can anyone actually define for me exactly what they have in mind when they say ‘Capital Gains Tax’? It’s a fair ask.

  20. Quoth the Raven 20

    vto – There are numerous bits of regulation on forming a union, striking, bargaining &c. Much of it could go, some of it seems reasonable, but you could question the need for it after all a contract is a contract. Of course the situation isn’t nearly as bad here as it is in the US.

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  • Climate Change: Trees, aviation, and offsets
    With crunch time for new Zealand climate policy approaching, most of the New Zealand media have got on board with a global reporting effort to cover the issue. There's one strand of stories today about polling and what it shows about changing public attitudes to the crisis, but the strand ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Pissing-Off The Israelis Is A High-Risk Strategy.
    Dangerous Foes: For those readers of Bowalley Road who feel disposed to dismiss any prospect of an Israeli destabilisation of New Zealand politics, the example of the United Kingdom repays close attention. Ever since the election of Jeremy Corbyn as leader of the British Labour Party, the Israelis have sanctioned, funded and ...
    1 week ago
  • Something to go to in Wellington
    Make It 16, the youth-led campaign to lower New Zealand's voting age, is holding an official campaign launch at Parliament this Friday from 16:30. If you'd like to attend, you can register using EventBrite here. ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • A founding member responds to Peace Action Wellington
    by Don Franks It was a lovely sunny Wellington afternoon with blue skies above  the beaches.  In Courtenay Place, political activists packed out a stuffy upstairs room for an important meeting. The assembled pacifists, anarchists, communists and independent young radicals of Peace Action Wellington felt the need for a mission ...
    RedlineBy Admin
    1 week ago
  • “Mistakes and errors”
    Current and former NZDF top brass are being publicly grilled this week by the hit and run inquiry over their public responses to allegations of civilian casualties. Previously, they've claimed there were no casualties, a position which led them to lie to Ministers and to the public. Now, they're saying ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • “Homosexuality is same-sex attraction and relationships, not heterosexuals with delusions of gende...
    by Rafael D. Quiles (gender-critical gay man from Puerto Rico) The writing on the wall is right in people’s faces and people just don’t see it or don’t want to. What could actually possess a heterosexual male to want to feminize himself and claim that he is a lesbian? Because ...
    RedlineBy Admin
    1 week ago
  • Trump: “Where’s my favourite dictator?”
    From the Wall Street Journal:Inside a room of the ornately decorated Hotel du Palais during last month’s Group of Seven summit in Biarritz, France, President Trump awaited a meeting with Egyptian President Abdel Fattah Al Sisi. Mr. Trump looked over a gathering of American and Egyptian officials and called out in ...
    1 week ago
  • Magdalen Burns, 1983-2019, fighter for women’s liberation
    by the Redline blog collective At Redline we are very saddened to hear of the death of Magdalen Burns who passed away on the morning of Friday, September 13 (British time). Magdalen was a great fighter for the rights of women in general and lesbian women in particular, a defender ...
    RedlineBy Admin
    1 week ago
  • Parliament and the Executive
    The Brexit issue has certainly brought with it a series of apparently difficult constitutional issues, many of them concerning the respective roles of the executive and parliament. Most of them arise because of the unwillingness of MPs, despite their professions to the contrary, to be bound by a constitutional rarity ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • The Abigail Article; Martyn Bradbury’s Article, and My Response
    . . This blogpost is different to my usual format of reporting on issues… Since July 1011, I have blogged on a variety of political issues; near always political and/or environmental; mostly highly critical of the previous National Government. Other issues included Israeli occupation of Palestinian lands and repression of ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • Police will have to wear silly Buckingham Palace hats from now on, says Police Minister
    Those close to the Police Minister believe the initiative may be the result of Nash “seeing a great deal” on AliExpress. In a move that comes seemingly out of nowhere, Police Minister Stuart Nash announced this afternoon that he expects all frontline staff to don bearskin hats, famously worn by ...
    The CivilianBy admin
    1 week ago
  • A sensible crackdown
    The government has released its Arms Legislation Bill, containing the second tranche of changes to gun laws following the March 15 massacre. And it all looks quite sensible: a national gun register, higher penalties for illegal possession and dealing, tighter restrictions on arms dealers and shooting clubs, and a shorter ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • California bans private prisons
    Private prisons are a stain on humanity. Prison operators explicitly profit from human misery, then lobby for longer prisons terms so they can keep on profiting. And in the US, prison companies run not only local and state prisons, but also Donald Trump's immigration concentration camps. Faced with this moral ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Why PPPs are a bad idea
    When National was in power, they were very keen on Public-Private Partnerships (PPPs) - basicly, using private companies to finance public infrastructure as a way of hiding debt from the public. They were keen on using them for everything - roads, schools, hospitals. But as the UK shows, that "service" ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • A Movement That No Longer Moves.
    Moving And Shaking: There was a time when people spoke matter-of-factly about the “labour movement” – a political phenomenon understood to embrace much more than the Labour Party. Included within the term’s definition was the whole trade union movement – many of whose members looked upon the Labour Party as ...
    2 weeks ago
  • NZ ‘left’ politically embracing extreme postmodernism
    by Philip Ferguson Much of the left, even people who formally identify as marxists, have collapsed politically in the face of postmodern gender theory of the sort pioneered by American philosopher Judith Butler. For Butler even biological sex is socially constructed. “If the immutable character of sex is contested, perhaps ...
    RedlineBy Daphna
    2 weeks ago
  • The obvious question
    The media is reporting that the (alleged) Labour party sexual assaulter has resigned from their job at Parliament, which means hopefully he won't be turning up there making people feel unsafe in future. Good. But as with everything about this scandal, it just raises other questions. Most significantly: why the ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • The moment I found out that you found out, I acted swiftly
    By Prime Minister Jacinda Ardern I am every bit as angry as you are. I am every bit as disappointed as you must be. The people with power, oversight and the ability to do something about these processes within the Labour Party should be ashamed. Whoever those people are, I ...
    The CivilianBy admin
    2 weeks ago
  • This is why people hate property developers
    Property developers think there is an "oversupply" of houses in Auckland:High turnover rates and falling prices may be a sign that there are too many new houses going in to some parts of Auckland, commentators say. [...] Property developer David Whitburn said there was a "bit of an oversupply" in ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Australia to Pacific: “Fuck you, you can all drown”
    World leaders are meeting in New York in two weeks for the 2019 Climate Action Summit, where they are expected to announce new and more ambitious targets to stop the world from burning. But the Australian Prime Minister won't be there, despite being in the USA at the time:Scott Morrison ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Implausible ignorance
    Labour Party president Nigel Haworth resigned yesterday over the party's sexual assault scandal. But while that's good news, its unlikely to take away the stench of a coverup. Because according to Paula Bennett in Parliament yesterday, pretty much everyone in the Prime Minister's office was involved as well:I have been ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Labour’s Fatal Flaw.
     Two-Faced? Labour insiders' commitment to the neoliberal status quo puts them at odds with their party’s membership; its trade union affiliates; and a majority of Labour voters, but this only serves to strengthen the perception they have of themselves as a special elite. Among the lesser breeds, they’ll talk up a ...
    2 weeks ago
  • Ten reasons the Tories do NOT want an election
    There has been a lot of talk about Boris Johnson wanting an election, and he has blustered with great gusto about 'chicken' Jeremy Corbyn refusing one, but I think there are many reasons why he is secretly glad he has been refused the opportunity:The Tories are an utter rabble,tearing themselves ...
    2 weeks ago
  • Prorogation Illegal, rule Scottish judges
    Scottish appeal court judges have declared that Boris Johnson’s decision to suspend parliament in the run-up to the October Brexit deadline is unlawful. The three judges, chaired by Lord Carloway, Scotland’s most senior judge, overturned an earlier ruling that the courts did not have the powers to interfere in the prime ...
    2 weeks ago
  • Let me explain what I meant by Everyday New Zealanders
    By Simon Bridges. The following is a press release from the office of Simon Bridges, leader of The National Party. Key ora, New Zealand. Happy Maori Language Week. Look, I’m writing to you today because I want to clear something up. There’s been a lot of kerfuffle around some things ...
    The CivilianBy admin
    2 weeks ago
  • Yes, the SIS is subject to the Public Records Act
    I understand there's some stuff going round about how the SIS "was removed from the list of public offices covered by the Public Records Act in 2017". The context of course being their records derived from US torture, which will be disposed of or sealed. The good news is that ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • An evidence-based discussion of the Canadian fluoride/IQ study
    Dr. Christopher Labos and Jonathan Jarry discuss the recent Canadian fluoride/IQ research. They provide an expert analysis of the paper and its problems. Click on image to go to podcast. The critical debate about the recent ...
    2 weeks ago
  • Climate Change: Australia in denial
    Australia is burning down again, and meanwhile its natural disaster minister is denying climate change:Australia’s minister responsible for drought and natural disasters, David Littleproud, has said that he doesn’t “know if climate change is manmade”. Clarifying earlier comments that the question is “irrelevant” when considering the Coalition government’s response to ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Philippines activist speaking on the Duterte tyranny
    Auckland Philippines Solidarity is excited to host Professor Judy Taguiwalo for a speaking tour of NZ in September. She is a well-known activist in the Philippines and was a political prisoner under the Marcos dictatorship. Professor Taguiwalo briefly served as a Cabinet member under President Duterte but was forced from ...
    RedlineBy Daphna
    2 weeks ago
  • Disgust
    I have no special insights to offer on the Labour sexual assault coverup. All I have is disgust. Disgust that an organisation could fail its people so badly. Disgust that they punished the victims rather than the perpetrator. Disgust that its party hacks are apparently blaming the victims for demanding ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Speak Up for Women calls out Greens’ censorship
    This open letter to the Green Party was penned after an opinion piece by Jill Abigail, a feminist and founding member of the party, was censored by the Greens’ leadership. (Redline has reprinted her article here).The intolerance of the Green Party leaders and their acceptance of the misogyny of gender ...
    RedlineBy Daphna
    2 weeks ago
  • Member’s Day: End of Life Choice, part 3
    Today is a Member's day, and David Seymour's End of Life Choice Bill continues its slow crawl through its committee stage. They're spending the whole day on it today, though the first hour is likely to be spent on voting left over from last time. After that they'll move on ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Flight to Los Angeles turned back after passengers decide they don’t want to go anymore
    An ambitious plan to fly to Los Angeles petered out into a brief sight-seeing trip and a desire to return home and get some sleep before work tomorrow. Air New Zealand has confirmed a flight to Los Angeles last night was turned back about a quarter of the way into ...
    The CivilianBy admin
    2 weeks ago
  • Indigenous Futures: defuturing and futuring – an analytical framework for policy development?
    There appears to be consensus – by omission – that the concept of indigenous futures should be accepted at face value. So I scavenged the internet to see if I could locate an academic descriptor or a framework around how we think about it as a concept, and whether it ...
    EllipsisterBy Ellipsister
    2 weeks ago
  • Cadbury rumoured to be releasing the Pineapple Trump
    Here’s another novelty chocolate to shove in your gob, New Zealand Cadbury could be seeking to make itself great again with a rumoured new release: Pineapple Trumps, a spin on its classic chocolate-encased pineapple treat and do-it-yourself tooth remover. The global confectionery manufacturer and bumbling “before” character in an infomercial, ...
    The CivilianBy admin
    2 weeks ago
  • The coming resource war.
    During my time in the Pentagon I had the privilege of sitting down with military leaders and defence and security officials from a variety of Latin American nations. Sometimes I was present as a subordinate assistant to a senior US defence department official, sometimes as part of a delegation that ...
    KiwipoliticoBy Pablo
    2 weeks ago

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