The most stunning moment in the Greek referendum result was the immediate resignation of Finance Minister Yanis Varoufakis. He had already said he would quit if the referendum was lost; nobody expected that he would go after such a convincing win.
But Varoufakis is not a normal politician. His humility and loyalty are exceptional traits, almost unknown in any Parliament. It would be a wonderful thing if his drive to put the party and people first was adopted by some long serving MP’s in the NZ Labour Party.
Varoufakis has recognised that progress requires constant refreshment and timely changes in personnel inside the team. If the Syriza leadership do manage to extract meaningful concessions from the financial fascists in Brussels, it will be in no small part because of selfless attitude of Yanis Varoufakis. There’s a lesson there for the learning.
Varoufakis announced his resignation in the modern way, on twitter and his personal blog. It’s worth a read:
The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage.
Like all struggles for democratic rights, so too this historic rejection of the Eurogroup’s 25th June ultimatum comes with a large price tag attached. It is, therefore, essential that the great capital bestowed upon our government by the splendid NO vote be invested immediately into a YES to a proper resolution – to an agreement that involves debt restructuring, less austerity, redistribution in favour of the needy, and real reforms.
Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.
I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.
And I shall wear the creditors’ loathing with pride.
I shall support fully Prime Minister Tsipras, the new Minister of Finance, and our government.
The superhuman effort to honour the brave people of Greece, and the famous OXI (NO) that they granted to democrats the world over, is just beginning.
Look at the concepts he cites: duty, pride, collective action. They’re values, markers of class. The most quoted line is ‘I shall wear the wear the creditor’s loathing with pride’, but the most important sentence is this:
“We of the Left know how to act collectively with no care for the privileges of office.”
That should be the driving force for our Labour MP’s; putting the party and the people before the pleasures of a comfortable gig with ego fluffing status and gold standard pension rights. There aren’t many MP’s, let alone Ministers, in NZ who would turn down a limo and instead ride their motorbike to work meetings. Why is that? Why isn’t that modesty and the common touch the mark of all of our Labour MP’s?
Varoufakis describes himself as an erratic Marxist. But he is not a inflexible demagogue:
To me, the answer is clear. Europe’s crisis is far less likely to give birth to a better alternative to capitalism than it is to unleash dangerously regressive forces that have the capacity to cause a humanitarian bloodbath, while extinguishing the hope for any progressive moves for generations to come.
For this view I have been accused, by well-meaning radical voices, of being “defeatist” and of trying to save an indefensible European socioeconomic system. This criticism, I confess, hurts. And it hurts because it contains more than a kernel of truth.
I share the view that this European Union is typified by a large democratic deficit that, in combination with the denial of the faulty architecture of its monetary union, has put Europe’s peoples on a path to permanent recession. And I also bow to the criticism that I have campaigned on an agenda founded on the assumption that the left was, and remains, squarely defeated. I confess I would much rather be promoting a radical agenda, the raison d’être of which is to replace European capitalism with a different system.
That quote above shows Varoufakis is able to synthesise radical economics with practical reality. Too many of our MP’s are not willing to even acknowledge that there are alternatives. I doubt that many have even read Marx, let alone understood his writings. Certainly, I don’t imagine any have the personal insight Varoufakis shows here:
My personal nadir came at an airport. Some moneyed outfit had invited me to give a keynote speech on the European crisis and had forked out the ludicrous sum necessary to buy me a first-class ticket. On my way back home, tired and with several flights under my belt, I was making my way past the long queue of economy passengers, to get to my gate. Suddenly I noticed, with horror, how easy it was for my mind to be infected with the sense that I was entitled to bypass the hoi polloi. I realised how readily I could forget that which my leftwing mind had always known: that nothing succeeds in reproducing itself better than a false sense of entitlement. Forging alliances with reactionary forces, as I think we should do to stabilise Europe today, brings us up against the risk of becoming co-opted, of shedding our radicalism through the warm glow of having “arrived” in the corridors of power.
Labour MP’s: If you’ve done 3 or 4 terms, it’s probably time to go. If you haven’t achieved what you set out to do by now, chances are, you’re never going to do it. If you’re a list MP, put the party first and let the leader know you’re not going to be around next election. If you’re an electorate MP, a winnable by-election in late 2016 or early 2017 would get the ball rolling for Labour going into the next election.
Quit. Put the party and people first. Take the pension; you’ve earned it. Take the praise; you’ve earned that too. But for the sake of the party and for the future of New Zealand, go.
Postscript: Why Common People? In a poptastic quirk of fate, it seems likely that Yanis Varoufakis’s wife, Danae Stratou, an amazing person in her own right, was the inspiration for the wonderful Pulp song Common People. You couldn’t make this stuff up!
Everybody hates a tourist, especially one who thinks it’s all such a laugh.
Thanks for this post and highlighting this guy’s stance. For me there is no right or wrong answer in this crisis and those who think there is, are, imo, too focused on their own need to be right than on how to begin a resolution that works for ALL.
I remain hopeful that some Labour MPs will resign or be asked to resign in the 18 months leading up to the election so that new candidates can be selected and get a decent run at the campaign trail.
Why 18 months? To get the most mileage out of the refreshing and restructure.
Look at how National managed to hide some internal problems by the notion of culling deadwood, and the reportage regurgitated it nicely for them.
For me it is NOT about getting more youth per se, but freshness, re-invigoration.
I think Labour needs to move sooner than the suggested 18 months. Most of a year has passed already since the new Parliamentary term started. They might have been able to afford that time in a second term in opposition, but coming back from the thrashing that they got handed – I was going to say “helped themselves to”, noting how much of their 2014 disaster was their own fault – 18 months is cutting it really fine.
Well, they had toe elect a new leader, carry out a review and, I suspect buthave no knolwedge< that most of this time has been spent either clamping down on some MPs or some"biding" their time.
It's hard to know if the new anonymity of some (Cosgrove for example) is due to a stronger hand or a sulk.
Labour has been trying out new leaders, but it does need to refresh the front bench. At the minimum, Goff, King, and Mallard all need to start acting as mentors rather than senior caucus members, and start training people to replace them at the next term.
Redline blog regularly receives reports from friends within Syriza. We received the following communique from our friends, one of the left currents in Syriza, yesterday:
1) We are in front of a great NO by the Greek People, who stands defiant and fighting against the ultimatums and the destructive policies imposed on Greece by the troika and its local supporters. Today’s NO has a pan-hellenic, national, popular, democratic character. It proves once again that the Greek People has a great reserve of courage and resisting spirit, and storms the political scene, as it has always happened in critical moments of our History.
2) This great NO, around 61,5%, comes despite the (unforeseen in post-war Europe) terror campaign and direct threats by all the systemic reactionary forces on European and international level. Moreover, it has been achieved despite the manifest weaknesses of the Greek Left’s forces. It is a result that was not expected by all those who underestimate the Greek people’s courage, and this remark is valid no matter how huge difficulties we shall face tomorrow (literally!).
3) The referendum’s result represents a crushing defeat of the pro-troika internal opposition, which, in vain, spared no effort to distort the meaning of the referendum and to multiply the fear amongst the Greek society. It represents a crushing defeat of the whole old political, business and media system. Already. . . .
Indeed.
But their sacrifice bought three days of defensive line preparations on the isthmus of Corinth and evacuation of Athens, which was why only a few thousand Greeks were there to hold the pass in the first place. Everyone else bailed to the planned fall back position.
But I’d never expect you to understand either the point of self sacrifice for others, or the value of thinking strategically rather than tactically.
Shame about the movie. Although it should be pointed out that most of the best lines said by the Spartans (except I think the Gerard Butler “this is Sparta”) were actually said by Spartans. Not all at Thermopylae (e.g. I think the “Sparta is the only state that sent soldiers” line comes from the Anabassis), but yeah, one of the few movies where the best bits of the script comes from the historical figures. That line about “the skies will darken with our arrows / good, so we will fight you in the shade” was apparently said at the time.
Totalitarian swine, but shit they could talk a good game.
Except the plan was never that the action at Thermopylae was meant to be merely a delaying tactic. The population of Athens had already largely been evacuated. The aim was to hold them at the pass hence why the Greek Fleet was sent forward with the army under Leonidas command.
🙄
Yes, the plan to hold the pass with 7,000-odd failed. After a few days. A few days of evacuation and preparation elsewhere.
So Leonidas (seeing you spelled his name correctly this time, I’m assuming you’ve decided to jump onto wikipedia to find out what you were talking about) fought a holding action to protect the retreat of the bulk of the defenders, and the fleet then went and completed the evacuation of Athens.
Pretty much what I said, only from memory I thought it was 300 Spartans and a couple thousand others, rather than only a thousand or so others.
But then you need to argue that Thermopylae had no purpose, because if your Greek economic doomsday predictions do actually come true their still might be some point to telling the IMF to go fuck themselves even if it makes them worse off. It might still encourage others to do the same.
See, you imperialists need a Roman outcome: complete devasation and then salt the earth, without the merest hint of hope or inspiration. As soon as your victim shows dignity in the face of that, they become a martyr and a rallying cry for others.
And then later Greece won a crucial sea battle, then defeated a numerically superior force at Plataea, driving out the Persians. But I suspect that doesn’t fit your narrative, so you’ve ignored it as usual, Gosman.
“In five months of being Greek Finance Minister, Yanis Varoufakis proved himself to be a tough negotiator who was not going to concede even a bit to Greece’s creditors, as well as a political ‘rock star’ who wins hearts and minds from atop his motorcycle.
Varoufakis never showed that he was ready to accept all the demands Greece creditors put towards the debt-stricken nation. He repeatedly refused bailout plan offered by the troika of international creditors, calling it “a committee built on rotten foundations.”
The self-declared “erratic Marxist” was apparently ready to mutilate himself rather than agree to current terms of bailout presented to Athens by its international creditors….
“What they are doing with Greece has a name: terrorism,” Varoufakis told Spain’s El Mundo daily. “Why have they forced us to close the banks? To make people frightened. And when it comes to spreading terror, this phenomenon is called terrorism.”
Come on, Tracey. Varoufakis failed, the European ministers could not stand his “negotiation” style, so Mr Tsipras pushed and sacrificed him with the usual propaganda of calling him a hero. He did not resign, he was pushed. The erratic Marxist can go back to his pastime of riding bikes made in capitalist countries.
In my view Varoufakis has probably been the worst Finance Minister in a western country in recent years.
He didn’t even succeed in his own specialty of game theory. Well, perhaps he did – he won the referendum, though probably at the cost of the Greek economy. And maybe Angela Merkel will buckle.
However, when one of the outcomes of your work is bank closures for the whole country for two weeks, with the consequential wreckage in the economy, that is a huge fail.
Imagine if all the banks closed in New Zealand for two weeks. How do wages get paid? How does business continue? Exactly how is this a good thing?
Unless wrecking your own economy is one of your objectives, and for many on the Hard Left that is exactly what they want. Street theatre is much more fun than hard graft.
And I guess that is why the Hard Left love him so much.
based on 6 months in office and you blame him for everything today?. By june 2009 if english were to be judged as though he was totally responsible for everything at that time he was an idiot right? ? you called for his resignation right? this is probably your most ridiculous post Wayne. an impartial person could argue the GFM has presided over an opportunity for a better deal than any of his predecessors. .. merkel says the door is still open… greece still in eu.
you think the economy wasnt in tatters when he was appointed?.
when your mask slips it reveals quite a nasty streak.
The test is whether ones own actions have resulted in an economy in much worse tatters than when becoming Finance Minister. In the case of Varoufakis, the answer is clearly “yes”, and in the case of Bill English the answer is clearly “no”.
Presiding, or actually precipitating bank closures is evidence enough of failure.
But hey, if the Greeks want to go for a Chavista style govt they are free to do so. They just have to bear the consequences. After all enough New Zealanders could have voted for Hone Harawria, John Minto et al to lead the govt. And if they had have done so, we would have had much the same style of govt as Greece or Venezuela.
Ahhh no Finance company collapses does not count as enforced closure of the entire banking system and the imposition of economy wide capital controls. The fact you might even think that is rather illustrative of your general understanding of economics and finance.
I never said it did, you moron. I asked if it counted as evidence of government failure.
Alongside, of course, the massively-increasing government debt. Did you also think I thought that increasing government debt counts as a collapse of the entire banking system? No, of course you didn’t.
By the way, Amnesty International called: they want to start a letter-writing campaign against your frequent “enhanced interrogation” of the English language, but the only postal address they have for you is “c/o Satan’s Anus”.
Bill English inherited a healthy and prepared economy and allowed it to whittle down through the recession with little to no intervention to mitigate its affects. Varoufakis inherited an economy already decimated by IMF and eurozone demands and didn’t hack moving it away from their paradigm.
Failing is one thing, and potentially excusable. Not even trying is contemptible, Bill English is likely to be judged harshly by history, perhaps not so harshly as people like Douglas or Richardson, but I doubt he will be viewed as a competent economic steward by anyone except the commercial news media.
“much worse tatters” – at least you seem to be admitting that the previous finance ministers of non left wing parties just left the Greek economy in “tatters”.
Phew.
Vote for the Right. They will only leave your economy in tatters – Wayne Mapp former Minister of Defence.
Bill English harmed our economy majorly when he gave tax cuts to a group of kiwis that were known by the majority of economists to not stimulate the economy during a recession but to see money withdrawn from it. But he owed it to those who voted for him right? So bad economics for political expediency is… oh wait, that’s what you say the Greek FM has done!
Actually I can’t remember him ever advocating a bailout? He has an extensive comment history here. Search engine is good and so is google. It pays to look that kind of stuff up before asserting it as a statement of fact.
In other words, you are walking close to a pattern that I’d have to note as a moderator, and start getting you to substantiate while I hang a honking great club over your fingers. This is a friendly warning.
They were being offered a further bailout. The deal involved lending the Greeks more money. They are now seeing the cost of not getting more money.
In my view view Angela Merkel will probably relent a little on the terms initially offered. The outcome will possibly be close to the deal that Tsipras was offering last Tuesday.
That’s an interesting position. I’m not sure I entirely agree but I get where you’re coming from that two bailouts is significantly different than one.
The issue is essentially that the Greeks needed to take a bailout deal, and they didn’t have a more reasonable government in power at the time who negotiate terms that wouldn’t cause the economy to fail. If you pick up the economy after the previous bailout has already been taken, and don’t have the ability to renegotiate bailout terms, is it really your fault if the economy fails due in large part to the terms of the previous bailout?
It’s possible that there’s more that could have been done. But his hands were somewhat tied.
well, you say that now you have caught up on Merkel saying the door is open Wayne, something I stated in my comment to you.
You wrote at 145pm
“He didn’t even succeed in his own specialty of game theory. Well, perhaps he did – he won the referendum, though probably at the cost of the Greek economy. And maybe Angela Merkel will buckle.”
then later at 244pm
“In my view view Angela Merkel will probably relent a little on the terms initially offered. The outcome will possibly be close to the deal that Tsipras was offering last Tuesday.”
So you now seem to be suggesting the NO vote, in your opinion, will result in Tsipras getting the deal he sought last week? And yet you say his finance minister, who was part of that strategy and negotiation is, the worst Finance Minister in a western country in recent years?
I know there is no right or wrong answer to the Greek crisis but your rhetoric “hard left” and so on is just ridiculous.
As for the banks collapsing being a “good thing”. You might want to spend some time on the streets of Greece with people living this crisis (not those presiding over it from the comfort of their high incomes and luxury homes). That they would essentially vote for something like that MUST indicate to you how desperate they feel and how much more of the last 5 year plan they can take?
The Greek economy is already wrecked. Not by Varoufakis hand.
Germany has a 200 odd billion surplus…how does that surplus get recycled? That is the crux.
China recycles it surplus into US debt instruments so the game continues….Germany bleeds the rest of Europe dry. Zero sum game.
Gawd here we go, wasn’t the Greece economy already in ruins? 25% adult unemployment bears little resemblance to NZ doesn’t it. The fact that 60% of their people voted to not accept an EU deal while banking restrictions were in place shows you they want economic freedom and can put up with the pain. I’m sure they’ve got some choice words for your ideology too.
it makes sense if you are not looking at this from an ideological/spreadsheet perspective and considering the human element as well as the economic/ideological.
This notion that the Greeks who voted NO think that there are no consequences to their decision, that tomorrow will suddenly dawn brighter are patronising or being deliberately obtuse.
The recurring theme seems to be that Greece should be lauded for standing up to the “evil bankers”. In reality, Greece should be condemned for getting itself into so much debt. I know that if I lent someone $100k and they refused to pay it back, I’d be very angry if all his friends started defending him and painting me as the bad one.
They stiffed the unsecured lenders when GM went under . It was $27 bill and they got 10% of shares in ‘new GM’ which was worth abouth 1/10th of face value of bonds.
NZ Banks write off 10s millions of loans every year, in bad years it gets into 100s millions.
You are forgetting a thing called ‘risk’, its why some interest rates are higher than others, its because you may not get your money back
Kevin,
Yes, exactly.
Those debts, indeed the debts of every western country will never be repaid.
The question is how they wont be repaid.
Greece is by no means the worst offender, just small enough to bully.
Varoufakis himself agrees Marxists are not ready to run an alternative to Capitalism. The crisis of 2008 is deepening and nobody has any answers. Laying that at the doorstep of non-existent (in the west) left wing governments is laughable.
Believe it or not I sympathise and maybe the debt should be forgiven but not for the same reasons as you.
Case in point – Germany after WW1. Because other countries weren’t willing to help Germany out, and in fact made it unnecessarily worse for them, it led to the rise of the Nazi party and WW2.
Question is though, can Greece be trusted not to squander the help they get? Or is it simply a case of the world not having a choice but to bail the country out?
To get back to my analogy it would be like if forcing the person to give me back my $100K meant making him homeless and so depressed that he commits suicide, and in turn his kids end up trying to kill me to get revenge.
You probably dont realise that you are repeating nazi propaganda about the effect of reparations on Germany. because that exactly what the poor Germany after WW1 story is.
Rightly so, Germany militarism was largely responsible for WW1, this was also responsible for the militarism that led to WW2.
Reparations were for the damage to Northern France and Belgium, Germany itself being untouched, some one had to pay to restore the farms, villages, and industries. Because a lot of money wasnt repaid, the French and Belgians had to cover it themselves.
So please no sob stories for poor Germany after WW1.
fair point but it did cripple Germany economically and that gave rise to similar conditions to Greece today which , as in Greece, is fertile ground for facsist groups.
Everyone has to face the consequences of their decision-making, not just Greece.
After all the area WAS rebuilt, just that France and Belgium ended up paying themselves.
Politically, for France it was impossible for them not to ask for reparations, as thats what Germany did to France when they were defeated in 1871, and Prussian troops stayed in occupation till the French paid ( they suprised everyone by paying fairly quickly)
Iraq had to pay reparations to Kuwait after Gulf War 1. That wasnt easy for them either but they did it
case in point – Germany 1953. HUGE debt. Given MAJOR DEBT RELIEF by 20 nations including Greece. It enabled them to build the powerhouse economy they have today. Why wouldn’t Greece want that too?
If you lent your $100k in increments, and saw that each increment, in your opinion, was being misspent, foolishly used, you’d stop lending, wouldn’t you? You wouldn’t lend 10k more, same result, 10K more same result, all the way up to 100K. Or would you?
Greece didn’t become the basket case of helpless childlike money handlers that many are painting them as, it happened over time, and banks and countries kept “enabling” (even rewarding them) them, presumably cos they enjoyed the interest they were getting, or other flow on effects (whether trade or EU stability or whatever) but all considered of benefit to those lending… They would have factored in the risk of non payment, wouldn’t they? Or were they stupid through the goodness of their collective hearts?
The blame is many, including Greece’s but it is not greece’s alone.
This is inspiring stuff for those who aspire to a truly democratic society. When I first saw Varoufakis’s statement in The Guardian, I printed it out and thought that is worth framing for the living room wall. He has set the bar high for politicians of the left in the future. No wonder the Troika loanshark elites cannot cope with him!
Really interesting to get some insight into Varoufakis’ reasoning and values, and I think standing down was strategically smart. I do take issue with your idea that a politician who’s served 3-4 terms has done their time, though. How do you imagine a caucus made up entirely of newbies would operate? The intricacies of parliamentary process and the range of expertise that a functioning caucus needs shouldn’t be overlooked. Perhaps there are some long-term MPs you don’t value, personally. That doesn’t mean that their caucus colleagues don’t value them or that they don’t have a place in the party they’ve made the focus of their lives for so many years.
I’m not saying that we don’t need regular intakes of new talent, or that all MPs have the right to continue in that role indefinitely, but that an over-generalised comment like, “If you’ve done 3 or 4 terms, it’s probably time to go. If you haven’t achieved what you set out to do by now, chances are, you’re never going to do it” ignores the realities of working in a team and in a challenging, multi-faceted role like an MP.
Who would ever become a Minister if they all left after 3-4 terms?
Good questions, red-blooded. There are MP’s I don’t rate, for sure. But their length of tenure isn’t the determining factor. Things like loyalty, competence and discipline feature way more heavily.
The Syriza government is chock full of ministers with only one term’s experience, but they seem to be making a fist of it. And I think MP’s, like football managers and All Black coaches, should be expected to have a reasonably short tenure. So if they don’t make to Minister, tough. The Labour party needs to continually refresh and last election, we didn’t get that opportunity. So, we need to tap a few on the shoulder, thank ’em for their efforts and move ’em on. And let some else have a crack.
A few observations in reply:
1) I think it’s too early to judge whether the Syriza government is going to make a fist of it. They’re well-motivated and are trying to do things differently from the last lot. Good luck to them, and to the people of Greece. Don’t let’s try too hard to emulate them, though. They’re in an extreme situation and their constituents are ready for extreme measures because they feel they have very little left to lose. They’re taking a punt. And let’s remember they’ve only been there a few months…
2) When I asked who would become a Minister, it wasn’t because I was worried about the career prospects of individual MPs – it was more a question about who would have had a chance to have built up the institutional knowledge and experience to make a strong Minister. We don’t want them all to learn on the job at the same time, and especially if there’s a lack of experienced people in the caucus to help mentor them.
3) The short-tenure approach has advantages (staying in touch with the electorate) but also limitations. When the Labour next gets to head a government, we’ll want some people who have governed before to still be in the ranks. After all, the Greens have never held that responsibility; there needs to be an anchor point.
I agree with you about things like loyalty, competence and discipline. Those weren’t the focus of your comments in this post, though. I think it’s easy to include throw-away lines like your comments about length of service (which was the focus of the commentary related to NZ) and sometimes we need to slow down and think things through a bit more clearly.
Greece did not fail on its own. It was made to fail.
In summary, the banks wrecked the Greek government, and then deliberately pushed it into unsustainable debt … while revenue-generating public assets were sold off to oligarchs and international corporations. The rest of the article is about how and why.
If you are a fan of mafia movies, you know how the mafia would take over a popular restaurant. First, they would do something to disrupt the business – stage a murder at the restaurant or start a fire. When the business starts to suffer, the Godfather would generously offer some money as a token of friendship. In return, Greasy Thumb takes over the restaurant’s accounting, Big Joey is put in charge of procurement, and so on. Needless to say, it’s a journey down a spiral of misery for the owner who will soon be broke and, if lucky, alive.
As a matter of comparison, wonder how far down this path Key and English have taken us.
They have certainly built up a large public debt of nearly $100 million since taking over. And Key has his mates in the banking world.
Damn good comments and I agree wholeheartedly. Rejuvenation is vital for Labour well before the next election and the sense of entitlement b.s really has to go sooner rather than later.
Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings
Translates as: You show your face, you gonna have an accident with that motor bike of yours real soon.
The Interim Climate Change Committee's report on Action on agricultural emissions: Evidence, analysis and recommendations was finally released today, and as you might guess from the title, it is recommending that we actually act, rather than let farmers keep ...
On Sunday July 7, Prime Minister Jacinda Ardern and Associate Health Minister Julie Anne Genter announced their intention to review the Ministry of Health’s Funded Family Care policy and repeal Part 4Aof the 2000 NZ Public Health and Disability Act. These are festering injustices ...
Agriculture is our biggest source of greenhouse gas emissions, responsible for 48% of the total. It follows that meeting any credible emissions reduction target requires cutting agricultural emissions, most likely by having fewer cows. But National thinks people shouldn't be ...
How scummy is the UK Home Office? This scummy:The Home Office lied to EU member states to remove victims of human trafficking and modern slavery in breach of European law, according to whistleblowers. Legal experts have said the practice is ...
Belle is a lovely fifteen year-old border collie who belongs to our friends and neighbours at Bryan’s Beach, Michael and Judy Corboy. Belle, in her old age, can hardly see or hear, but – as a constant participant at social ...
“We wuz robbed!” is the classic cry of the disappointed losers of a closely contested sporting contest – it is very much to the credit of the Black Caps that we heard no such sentiment from them following the stunning ...
The Youth Parliament is being held this week, and some of the youth MPs are campaigning for a lower voting age:Molly Doyle, 17, is one Youth MP who wants this to change. She is part of a non-partisan campaign run ...
Up till now, Australia has made its living by digging up coal and exporting it to other countries, destroying the global climate in the process. But now they have a new option: exporting solar power:The desert outside Tennant Creek, deep ...
Later this month, thousands of people are expected to march to parliament as part of the #HandsOffOurTamaraki movement. At its heart, the movement is about preserving whānau and demanding that the state stop removing children from their whānau, hapū and iwi. ...
by Gearóid Ó Loingsigh The recent statements made by the former FARC commander, Carlos Lozada (legal name Julian Gallo), where, from his seat in Congress, he praised the Colombian Army demonstrate how low the farianos have sunk. Lozada began by ...
A Woman’s Place is on the Podium was a public meeting in London on 10 July to discuss women’s sports and the impact of transwomen competing against women. The venue was sold out with a packed hall of 750 people. ...
Last month I talked about the no-fly movement: people who refuse to fly or limit it to absolute necessity to avoid destroying the climate. Now, that movement has a somewhat surprising new member: Dutch airline KLM:Dutch airline KLM has launched ...
In the 1960's, humanity faced a terrible threat: global thermonuclear war. Nuclear weapons were uniquely destructive and dangerous, and if more countries got them, the logic of MAD and the pre-emptive strike would put us on a hair-trigger to destruction. ...
An occasional series where I will ponder allegations of anti-Semitism directed at the British Labour Party and its members.In this case, we are thinking about an allegedly anti-Semitic image shared by a Labour Party member. Its origins appear to be ...
Matariki has been and gone, but this year we saw a couple of op-eds arguing that it should be a public holiday, replacing the foreign monarch's fake birthday. And now, New Zealand Republic - a group which campaigns for an ...
The discussion on the quality of economic advice, which we reported last week, has spilled over into a discussion about whether so many senior appointments should be of non-New Zealanders. Recall I discussed the failure to develop career paths within ...
When Nicky Hager revealed US footage of the Operation Burnham raid, obtained under the US Freedom of Information Act, one of the obvious questions was whether Ministers had seen it - and in particular, whether they'd been told that it ...
Northern Ireland is the Alabama of the UK: a backwards region where women and gay people are denied fundamental rights. But Westminster has just decided to fix that:MPs have voted resoundingly to extend same-sex marriage and access to abortion to ...
There's a problem with "synthetic cannabis", and not just the one you think. It's the name.We're in the midst of a wave of news stories that link synthetic drugs to serious harm, through deadly road accidents and accidental overdoses (which ...
Ranjit Kauri, The Dancing Maharani and Other Stories, Swansea, Head and Heart, 2019, £6.99; reviewed by Don Franks Working people are not the same country to country. Our struggles for a better life take place in surroundings of very different ...
Let's Do Them! All Jacinda Ardern has to do to clinch the 2020 General Election is frighten the bejesus out of the electorate by describing in the most graphic terms imaginable what will happen to all the positive beginnings her ...
It may be that we have all misinterpreted the somewhat surprising “bromance” between Donald Trump and Kim Jong Un. It has been all too easy to assume that it is Kim who is cosying up to Trump rather than the ...
by Michael Roberts So the full circle is completed. The corrupt pro-business conservative New Democracy party in Greece that was ousted by the anti-capitalist Syriza party in 2015 has been returned to office in yesterday’s general election, with an outright ...
When the Australian government passed a series of new spy laws over the last few years, they pinky-promised that they wouldn't use them to spy on journalists and subvert freedom of the press. They lied:The anti-encryption laws passed by the ...
From 1975 to 1989, the spy agencies of South America's right-wing military dictatorships cooperated in Operation Condor, a joint campaign of extermination against the continent's left. Roughly 400,000 people were imprisoned, 30,000 disappeared, and 60,000 murdered - kidnapped, tortured, executed, ...
When she was standing for office, Jacinda Ardern promised she would take abortion out of the Crimes Act. And to be fair, there was some early action on that, with an immediate referral of the issue to the Law Commission ...
When the government introduced the Zero Carbon Bill, people rightly asked what they planned to do to reduce transport emissions, which basicly had no policy at all other than the ETS. Today, they responded, announcing a "feebate" system which would ...
At almost every level, the problem with medicinal cannabis is a lack of good information. In the US, FDA regulations make it hard to research. Most doctors aren't familiar with what research there is and most patients don't know either. ...
Redline is critical of Corbyn for his political weaknesses, but he’s no anti-Semite. There is no substance to the McCarthyist witch-hunt being run by the right wing, and the pro-Israel lobby inside and outside the Labour Party in the UK. ...
The government's billion trees program is the sort of policy which could make a real difference to our emissions and the fight against climate change. But climate scientist Jim Salinger isn't convinced:The Forestry Minister Shane Jones' one billion trees won't ...
Last month the government was celebrating another surplus. Meanwhile, children are starving:One in five children are living in households where putting food on the table is a struggle, according to a new report from the Ministry of Health. It found ...
Show Me The Money! The alternative to state funding of infrastructure is, of course, to fund it by taking on massive amounts of private debt. On this issue, at least, Auckland mayoral challenger, Tamihere, has some solid points to make. ...
If we are to avoid making the earth uninhabitable, we need to reduce greenhouse gas emissions to practically nothing over the next decade. But that will still leave us with the problem of the carbon we have already emitted, which ...
Former Waikato DHB CEO Nigel Murray allegedly misused public funds, spending more than $120,000 of public money on unjustified travel. He was forced to resign and the Serious Fraud Office began an investigation. But despite the SFO finding that the ...
Jeremy Corbyn, we are told, is being advised – not least by his deputy (as well as by some of his would-be successors) – that he must come “off the fence” on the Brexit issue if he wants to bolster ...
The End of Life bill has been read a second time and is now heading for the House for further debate. Personally, I support the proposal. I don't ever epect to take advantage of the Bill's provisions myself, but as ...
Before the substantive issue which this column is about – whether there has been a deterioration in the economic advice given to the government – a paragraph about the budget leaks.read more ...
Below is a translation of the editorial in the June 24 round of weekly workplace bulletins issued all over France by the revolutionary workers’ organisation Lutte Ouvriere. Last Saturday, 8,000 people took to the streets of Belfort (eastern France) to ...
Why hasn't Parliament followed the lead set by our local authorities and declared a climate emergency? The answer is the National Party:The Prime Minister’s admission that she is open to the idea of declaring a climate change emergency is nothing ...
Back in May the government released its Zero Carbon Bill. While much of the bill was welcome, there was one big exception: it contained a secrecy clause, requiring the Climate Change Commission to maintain secrecy over practically everything it does. ...
by Phil Duncan This past week has marked the 50th anniversary of the beginning of the Stonewall Inn riots in Christopher Street, New York, the event generally regarded as kicking off the gay liberation movement. Quite a few articles have ...
Southland - land of coal-burning dairy farmers - has become the first region in the country to explicitly vote against declaring a climate emergency. Their reason? They didn't want to "devalue" the word "emergency". Its an argument addressed powerfully in ...
New Zealand has a problem with police chases: officers going after fleeing drivers like rabid dogs, without any consideration for proportionality or public safety, often with fatal results. And according to an in-depth article in the Guardian today, the UK ...
Welcome to another heaping helping of research publications related to climate change drivers and mechanisms, the effects of climate change and how we might yet grope our way into systems approaches to dealing with the mess we're making, despite ourselves. ...
Holly Lawford-Smith is a senior lecturer in political philosophy at the University of Melbourne. She’s currently writing a book about radical feminism. This article appeared on Feminist Current Academics should be standing together in defence of universities’ fundamental values: the ...
The Otago Daily Times has an in-depth article about the future of wind energy in New Zealand, and it is looking bright:The news that wind will play the leading role in New Zealand’s energy future was put up in lights ...
If the sight of schoolkids striking for a future has been filling you with hope, good news: they want you to join them on September 27:Students will take to the streets again demanding action on climate change, and this time ...
The People's "Friend": In this masterpiece of revolutionary propaganda, the homicidal political psychopath, Jean-Paul Marat, has been transformed by Jacques-Louis David, the French Revolution's most accomplished artist, into a martyred hero of the ordinary people of Paris. Thanks to Mark Zuckerberg and Facebook, ...
The principle of one person, one vote doesn’t apply for local elections. In fact, you don’t even need to be a person to have voting rights. Welcome to the ratepayer roll. While the ratepayer roll accounts for less than 1% ...
I have been working my way through a 47,000 document tranche of declassified US government communications related to Argentina and the “Dirty War” of 1976-83. I grew up in Argentina in the period leading up to the March 24, 1976 ...
To express concern about foreign ownership and control in New Zealand is often to invite accusations of xenophobia and economic illiteracy. It is worthwhile, therefore, to rehearse the grounds for that concern, and to explore the various forms it can ...
It must be a day ending in Y because the Guardian - remember when it used to be a good paper1 - is running another spurious story about Corbyn's leadership being threatened over anti-Semitism.The headline the Guardian runs is: "MPs tell ...
A chronological listing of news articles posted on the Skeptical Science Facebook Page during the past week, i.e., Sun, Jun 23 through Sat, June 29, 2019 Editor's Pick When Alexandria Ocasio-Cortez met Greta Thunberg: 'Hope is contagious'Alexandria Ocasio-Cortez and ...
When people slate the current Government for taking too long on certain issues, or not getting everything right, just check the outrage and quit helping National manufacture consent for their decade of Disaster Economics and much more. Bill couldn’t ...
Robots could soon replace many low-skill jobs, such as President of the United States. US Presidential hopeful and doomsday prophet Andrew Yang went to extreme lengths to make a point in the first round of Democratic primary debates today, replacing ...
More people have died in the shower this year than will die in a KiwiBuild home. KiwiBuild home owners are experiencing a surprise windfall this month, as the price of their houses have begun to rise dramatically, due to growing ...
First way – the state, Keynesian demand management, the working class as the base of support. Second way – free-market, reduce the scope of the state and cut taxes, relative indifference to social justice. Third Way – well that's the ...
E15 is a London-based housing campaign that arose from the eviction of a group of young working-class mothers from a homeless hostel in 2013. Cat Wiener, through her work with the Revolutionary Communist Group, helped get Focus E15 up and ...
Going Upstairs: If we accept the LGBTQI+ community’s untrammelled right to advance their understanding of love, then we must also accept Israel Folau’s right to articulate his own simplistic and inadequate interpretation of the Christian religion.ONE OF THE FIRST things ...
So, some Labour MPs and peers have written Corbyn a letter complaining about the re-admission of loudmouth MP Chris Williamson, who had been suspended over allegations he made anti-Semitic comments.Never mind the Guardian's typically biased headline that Corbyn is facing ...
When the NZDF was asked to release US information on Operation Burnham which would have revealed how the villagers died, they refused, claiming that the US objected. So, Nicky Hager and Deborah Manning requested it in the US, under that ...
Statistics New Zealand has released a new report on New Zealand's greenhouse gas emissions, with a sectoral breakdown shown how much is caused by different sectors of the economy. The data is crystal clear: half our emissions are caused by ...
Another day, another IPCA report finding police misbehaviour, this time in relation to police beating a suspect in Huntly in 2017. But despite a finding that officers used excessive force, the police as usual refused to prosecute their own. But ...
The State Services Commission has released its report into Treasury Secretary Gabriel Makhlouf's handling of treasury's budget security failure. And it is not good:Outgoing Treasury secretary Gabriel Makhlouf was "clumsy", unreasonable and fell "well short" of expectations in his handling ...
David Seymour's End of Life Choice Bill passed its second reading in Parliament last night, 70 - 50. Which means now the real struggle for consensus over amendments begins. Pretty much everyone who voted for it agrees it needs changes ...
Compare And Contrast: One of the reasons so many powerful forces combined to oust the Third Labour Government was its obvious determination to move beyond progressive rhetoric and embrace progressive action. When assessing the behaviour of Prime Minister Jacinda Ardern ...
A new digital platform aims to make it easier for small businesses to access services from multiple government agencies, leaving them more time to focus on their own priorities. Prime Minister Jacinda Ardern and Minister for Small Business Stuart Nash ...
Million-dollar start to gun collection eventsPolice Minister Stuart Nash says a solid start has been made to the gun buyback and amnesty after the first weekend of community collection events. “Gun owners will walk away with more than ...
Police Minister Stuart Nash has praised Police and gun owners after the first firearms collection event saw a busy turnout at Riccarton Racecourse in Christchurch. “Police officers and staff have put a tremendous effort into planning and logistics for the ...
Seventy-eight new Police constables are heading out to the regions following today’s graduation of a new recruit wing from the Royal New Zealand Police College. Police Minister Stuart Nash says the record high number of new Police officers being recruited, ...
New Zealand’s ‘mission-driven’ charities working in international aid are showing early signs of changing the way they work, in particular prioritising building the capacity and resilience of local communities to do their own development. ...
Teachers will have to wait until 11 September for pay increases won as part of their collective agreement negotiations settled in June, according to an update sent to schools today from Novopay. ...
July 16 (BusinessDesk) - Energy Minister Megan Woods says the government “won’t die in a ditch” if its goal of 100 percent renewable electricity generation isn't reached by 2035. ...
The Electricity Networks Association (ENA) is welcoming the Government’s response to the Interim Climate Change Committee (ICCC) Report released today. Graeme Peters, chief executive of the ENA, said one of the key recommendations, endorsed by the ...
An article* published this month in the Journal of Health Organization and Management raises questions over the way health board members are elected and whether the boards are even needed. ...
NZEI Te Riu Roa's kindergarten teacher members will vote on a proposed settlement to their collective agreement after four days of negotiations with the Ministry of Education and kindergarten employers. ...
Vector has today welcomed the ICCC’s report on Accelerated Electrification . Vector agrees that accelerating the electrification of transport and process heat will play a major role in reducing the country’s greenhouse gas emissions. Initiatives to ...
The New Zealand Taxpayers’ Union is calling on the Porirua City Council to cancel its underwriting of a proposed Canadian-led privately owned adventure park slated for public land after a similar project created a huge liability for Christchurch ...
Youth climate change campaigners Generation Zero welcome the Interim Climate Change Committee’s (ICCC’s) reports: Accelerated Electrification and Action on agricultural emissions ; which were finally released by the Government today, almost three months ...
Fish & Game New Zealand notes the announcement today that the Government and the intensive agriculture leadership have reached a ‘historic consensus’ and are exploring using a formal sector-government agreement instead of bringing agriculture ...
The independent Interim Climate Change Committee’s report on Accelerated Electrification was released today by the Minister for Energy and Resources, Hon Dr Megan Woods. ...
The independent Interim Climate Change Committee’s report Action on agricultural emissions was released today by the Minister for Climate Change, Hon James Shaw and the Minister of Agriculture, Hon Damien O’Connor. ...
Please find attached embargoed copies of two media statements from the Interim Climate Change Committee http://img.scoop.co.nz/media/pdfs/1907/Embargoed_Interim_Climate_Change_Committee_Accelerated_electrification_MEDIA_STATEMENT.pdf ...
Greenpeace Executive Director, Dr Russel Norman, has reacted with disbelief that the Government’s latest climate proposal includes an option for dairy to voluntarily deal with their emissions over the next six years. ...
This week’s “Youth Parliament” is an expensive waste of time that promotes taxpayer-funded junketeering, says the New Zealand Taxpayers’ Union . “We shouldn’t be training kids on the joys of the trough,” says Taxpayers’ Union spokesperson ...
Infrastructure Minister Shane Jones admitted on Q+A tonight that the state of New Zealand’s infrastructure planning is “dismal” and the government needs to get on with building “rather than writing more reports about it.” ...
DairyNZ has released its submission on the Zero Carbon Bill and is calling on the Government to revise the methane target in the Bill to one that does not put at risk New Zealand’s world-leading dairy sector. Farm profit could ...
July 15 (BusinessDesk) - Foreign Minister Winston Peters will have bi-lateral meetings with two of US president Donald Trump's most hawkish defence and security advisers in a five day trip to Washington D.C. ...
Youth climate change campaigners Generation Zero are calling for Members of Parliament to show political courage as the Zero Carbon Bill goes through the crucial Select Committee process. ...
Annual net migration was provisionally estimated at 50,200 (± 800) in the year ended December 2018 compared with 52,600 in the previous year, Stats NZ said today. ...
New Zealanders have the opportunity to contribute to the government’s Review of Retirement Income Policies, including questions around Superannuation and KiwiSaver. Submissions are now open for the Review, being run by the Commission for Financial ...
Yesterday at Mataatua Marae the Tamaki Makaurau Electorate of the Māori party congratulated Rangi Mclean who was appointed to the Vice president Tāne role of the party nation-wide executive. ...
The funding crisis facing the disability sector has become more urgent following the disturbing news that the Ministry of Health will not increase contract prices for providers this year, the New Zealand Disability Support Network said today. ...
The growing number of working poor is an alarming indicator that the regulatory Minimum Wage does not cut it said Closing the Gap spokesperson Peter Malcolm. ...
Historic hui gives overwhelming agreement for a Māori Inquiry The inquiry into state run Oranga Tamariki will be led by whanau, kaimahi and Māori leaders. ...
Drug infiltration into our maximum security prisons is putting prisoners and staff at unnecessary risk, and one tool that would be of huge benefit is a full body scanner. ...
The Socialist Equality Group is hosting a protest rally in Cuba Street, Wellington (at the intersection with Left Bank) on Sunday 14 July at 2:30pm to oppose the persecution of WikiLeaks founder Julian Assange and whistleblower Chelsea Manning, and to ...
Simon Shepherd: The National Party proposed its own medicinal cannabis scheme last year. Its Health Spokesperson, Michael Woodhouse, says it shouldn’t have been ignored. So I began by asking him what his problem is with the government’s proposed regime. ...
Countries around the world are also dealing with medicinal cannabis. Britain legalised it last year, but the uptake has been slow. Neurologist Professor Mike Barnes wrote the report that convinced UK lawmakers it was a good idea. He's coming here ...
Simon Shepherd: Green MP Chloe Swarbrick’s name has become synonymous with drug reform, so following years of campaigning for safe, public access to medicinal cannabis, what does she think of the government’s new plan? Well, Chloe Swarbrick joins me ...
Social Credit is calling for a Government enquiry into the Nelson Marlborough District Health Board over it's handling of the Sarah Preece attack in 2017 and its subsequent report. ...
An overwhelming response sees Māori from across the country pouring into Māngere today. The call for action came from Māori leadership concerned with the practice of tamariki removals by the state. Whānau, experts, and highly skilled Māori from ...
Responding the announcement of a $2.37 million loan from the Provincial Growth Fund to a Northland berry farm, New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says: “Why couldn’t this business get a loan from the bank? If no bank was ...
Multicultural NZ is delighted to congratulate former Gisborne Mayor, Meng Foon, who has been appointed as New Zealand’s Race Relations Commissioner. ...
Award-winning broadcaster, Waatea has been selected by North Island Whānau Ora Commissioning Agency to exclusively livestream the historic Māori-led Inquiry on Oranga Tamariki. ...
“The Peace Movement sends an urgent call to Winston Peters to reject any US demands for New Zealand participation in patrolling the Persian Gulf and Straits of Hormuz. New Zealand should have nothing to do with any war on the ...
More than 50 senior non-commissioned officers from militaries in the Asia-Pacific Region gathered this week in Auckland for a conference hosted by the New Zealand Army. ...
The addition of an absurd Treaty of Waitangi clause in the Plant Varieties Act raises the question whether “Maoridom” will claim royalties on new plant varieties, Hobson’s Pledge spokesperson Casey Costello said today. ...
What are we going to do about District Health Boards? News this week that the Government is looking at a further bail-out of cash-strapped Boards to help reduce their deficits has raised afresh questions about the sustainability of the current ...
Legal proceedings were filed in the Wellington High Court this week to have certain blocks of land at Shelly Bay returned to the ownership of Taranaki Whānui iwi. The land in issue is currently the proposed site for a high ...
Heart Kids, the only charity which supports families of heart children, acknowledges the fear and distress of families who have voiced their concern over paediatric cardiac services in New Zealand. ...
Amnesty International has released a scathing report into the United States’ response to gun violence, a report that New Zealand policy-makers can learn from. In Scars of Survival: Gun Violence and Barriers to Reparation in the USA, survivors of gun ...
New Plymouth District Council has corrected information it gave the New Zealand Taxpayers’ Union regarding ratepayer-funded flight expenses in 2017/18. A Council spokesperson states: ...
The Islamic Women’s Council of New Zealand welcomes the announcement of Meng Foon as the new Race Relations Commissioner. “Our community, along with many others, has deeply felt the absence of an advocate in that role, particularly in light of ...
The Taxpayers’ Union can reveal that New Plymouth District Council was the fourth highest-spending council in the country when it game to air travel in the 2017/18 financial year. The Council spent $285,391 on flights, $256,235 of which was domestic, ...
Today I have submitted against the application of the Queenstown Lakes District Council seeking a "right to polllute" in their latest resource management application to the Otago Regional Council. I have done so in my capacity as a Dunstan ...
Source: The Conversation (Au and NZ) – By Harry Hobbs, Lecturer, University of Technology Sydney Queensland Deputy Premier Jackie Trad has announced that the state will begin a conversation about a pathway to treaty with Aboriginal and Torres Strait Islander ...
Source: The Conversation (Au and NZ) – By Mair Underwood, Lecturer in Anthropology and Sociology, The University of Queensland Months after a public breakup with her husband, the politician Barnaby Joyce, Natalie Joyce made news when she displayed her “new” ...
Source: The Conversation (Au and NZ) – By Brittany Huber, Postdoctoral researcher, Swinburne University of Technology Most (80%) Australian parents worry children spend too much time with screens. But what children are doing on and off screen matters more than ...
A local photographer has posted emails from Warner Brothers NZ requesting they work “unpaid” on Married At First Sight NZ. A wedding photographer has posted emails from Warner Brothers NZ on Reddit after the production company requested that they work for ...
How ANZ Bank fought for more than three years to keep its role in New Zealand’s biggest Ponzi scheme quiet and stop a regulator telling out-of-pocket investors the details. ...
Sam Brooks reviews Mean Mums, the new sitcom from Three that manages to make putting a great show together look easy.When it premiered as part of Three’s Pilot Week last year, I called Mean Mums the winner of the bunch. Nearly ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Last week on this podcast we talked to Ken Wyatt about the government’s plan for a referendum – hopefully this parliamentary term – to recognise ...
Imagine if we treated our native birds with as little care as we do our precious fish stocks, writes ecologist Stella McQueen.Earlier this year, 900 at-risk native mudfish were relocated to make way for a wastewater development. But despite a ...
For when toast or cereal just doesn’t cut it, but you don’t have the time or inclination to do any actual cooking, try this. If I ever cook rice (or grains of any kind) for dinner, I often make extra to ...
For their latest ageing episode, Hilary Barry joins the On the Rag team to talk wrinkle creams, menopause and why people still think she is Jeremy Wells’ mum. This month’s episode of On the Rag is all about ageing. Time ravages ...
The Auditor-General's investigators are to look into the National Party's complaints about taxpayer funding being used to underwrite KiwiBuild homes. ...
Its rolling slate of cringey jokes and meaningless trivia is a familiar sight wherever there’s a captive audience – but what the hell is Giggle TV? Johnny Crawford looks into the tweet-stealing, wife joke-telling phenomenon.If you’ve spent any time in ...
COMMENTARY:By Yamin Kogoya in Auckland More than 50 years of “torture” has been inflicted on the Papuan people by the Indonesian government. With the complicity of Western governments, great fear has been put in the hearts and minds ...
It’s landlords who are finding themselves out in the cold as property managers begin to walk away from clients who haven’t insulated their rentals, reports Don Rowe.Two weeks after the first of New Zealand’s healthy homes deadlines, property managers are ...
Event date and time: Friday, July 26, 2019 – 17:00–18:30JOIN US for this Pacific Media Centre‘s smorgasbord “launch” mid-winter fono and celebration for: + Two new documentaries on climate change and media freedom + The ...
Editor’s Note: Here below is a list of the main issues currently under discussion in New Zealand and links to media coverage.New Zealand Parliament Buildings, Wellington, New Zealand.Tuesday’s contentForeign affairs and trade Barry Soper (Newstalk ZB): US ...
Editor’s Note: Here below is a list of the main issues currently under discussion in New Zealand and links to media coverage.New Zealand Parliament Buildings, Wellington, New Zealand.Monday’s contentOranga Tamariki, state care of children, adoption Bonnie Sumner (Newsroom): Māori ...
Source: The Conversation (Au and NZ) – By Renaud Joannes-Boyau, Senior research fellow, Southern Cross University Humans’ distant ancestor Australopithecus africanus had a unique approach to raising their young, as shown in our new research published today in Nature. Geochemical ...
Source: The Conversation (Au and NZ) – By Jonti Horner, Professor (Astrophysics), University of Southern Queensland Curious Kids is a series for children. If you have a question you’d like an expert to answer, send it to curiouskids@theconversation.edu.au You might ...
Source: The Conversation (Au and NZ) – By Joyce Y.M. Nip, Senior lecturer, Department of Media and Communications; Department of Chinese Studies, University of Sydney As China grows more powerful and influential, our New Superpower series looks at what this ...
Source: The Conversation (Au and NZ) – By Trent Yarwood, Infectious Diseases Physician, Senior Lecturer, James Cook University and, The University of Queensland This year’s flu season is off to an early start, with 144,000 confirmed cases so far in ...
Source: The Conversation (Au and NZ) – By Todd Denham, PhD Candidate, School of Global, Urban & Social Studies, RMIT University Governments are looking to fast rail services to regional cities to relieve population pressures in Sydney, Melbourne and Brisbane. ...
Source: The Conversation (Au and NZ) – By Zsuzsanna Csereklyei, Lecturer in Economics, RMIT University Wholesale prices in the National Electricity Market have climbed significantly in recent years. The increase has coincided with a rapid increase in the proportion of ...
Source: The Conversation (Au and NZ) – By Koa Whittingham, Psychologist and Research Fellow, The University of Queensland Bluey is a ground-breaking Australian children’s television series and the most downloaded show in ABC iView history. Since premiering in October 2018, ...
Good morning, and welcome to The Bulletin. In today’s edition: Both PM and deputy PM in action on foreign relationships, major climate report being released today, and DOC staff facing escalating threats. Both the PM and deputy PM are in action ...
The Auditor-General's investigators are to look into the National Party's complaints about taxpayer funding being used to underwrite KiwiBuild homes. ...
Cancer can happen to anyone, even if they have followed the advice. While healthy living is not a guarantee, it does stack the odds in your favour. ...
Food researcher George Henderson assesses best-selling NZ low-carb cookbook What The Fat, and asks: How did it become so popular, and why is a laxative included in the sausage roll recipe? ...
Practical steps to take right now if you’re appalled at the news coming out of the United States.This article was originally published in June 2018 and has been updated with current information.From the far side of an ocean, we in ...
Grant Robertson, a cricket fanatic whose day jobs include being minister for finance and minister for sport, raced from Wellington to northwest London on the weekend to watch the Black Caps in what turned into the greatest one-day international ever ...
Ātea editor Leonie Hayden headed out to the hui for a Māori-led inquiry into Oranga Tamariki, the Ministry for Children, and found a unified Māori force that has decided enough is enough.When first announced, Saturday’s Oranga Tamariki hui was to ...
A vulnerability has hit users everywhere, New Zealand included, and it reveals something very troubling about the way the tech world worksNew Zealand Schools, district health boards and even the perhaps the halls of power have found themselves compromised by ...
By RNZ Pacific New Caledonia has a healthy lead on the Pacific Games medals table after the first week of the competition. The French Territory has won 42 gold medals after the first six days of competition and more ...
TRP
Thanks for this post and highlighting this guy’s stance. For me there is no right or wrong answer in this crisis and those who think there is, are, imo, too focused on their own need to be right than on how to begin a resolution that works for ALL.
I remain hopeful that some Labour MPs will resign or be asked to resign in the 18 months leading up to the election so that new candidates can be selected and get a decent run at the campaign trail.
Why 18 months? To get the most mileage out of the refreshing and restructure.
Look at how National managed to hide some internal problems by the notion of culling deadwood, and the reportage regurgitated it nicely for them.
For me it is NOT about getting more youth per se, but freshness, re-invigoration.
I think Labour needs to move sooner than the suggested 18 months. Most of a year has passed already since the new Parliamentary term started. They might have been able to afford that time in a second term in opposition, but coming back from the thrashing that they got handed – I was going to say “helped themselves to”, noting how much of their 2014 disaster was their own fault – 18 months is cutting it really fine.
Who would have guessed – some purges are the answer- from the people who have been doing it since 1922!
Well, they had toe elect a new leader, carry out a review and, I suspect buthave no knolwedge< that most of this time has been spent either clamping down on some MPs or some"biding" their time.
It's hard to know if the new anonymity of some (Cosgrove for example) is due to a stronger hand or a sulk.
Labour has been trying out new leaders, but it does need to refresh the front bench. At the minimum, Goff, King, and Mallard all need to start acting as mentors rather than senior caucus members, and start training people to replace them at the next term.
Hero. (Another old Greek concept)
Redline blog regularly receives reports from friends within Syriza. We received the following communique from our friends, one of the left currents in Syriza, yesterday:
1) We are in front of a great NO by the Greek People, who stands defiant and fighting against the ultimatums and the destructive policies imposed on Greece by the troika and its local supporters. Today’s NO has a pan-hellenic, national, popular, democratic character. It proves once again that the Greek People has a great reserve of courage and resisting spirit, and storms the political scene, as it has always happened in critical moments of our History.
2) This great NO, around 61,5%, comes despite the (unforeseen in post-war Europe) terror campaign and direct threats by all the systemic reactionary forces on European and international level. Moreover, it has been achieved despite the manifest weaknesses of the Greek Left’s forces. It is a result that was not expected by all those who underestimate the Greek people’s courage, and this remark is valid no matter how huge difficulties we shall face tomorrow (literally!).
3) The referendum’s result represents a crushing defeat of the pro-troika internal opposition, which, in vain, spared no effort to distort the meaning of the referendum and to multiply the fear amongst the Greek society. It represents a crushing defeat of the whole old political, business and media system. Already. . . .
full at: https://rdln.wordpress.com/2015/07/07/a-great-no-by-the-greek-people/
Do your ‘friends within Syriza’ have any idea of what they will do next ?
Many have been the times a battle has been won but the war is lost- the Greek left should know that.
Thermopylae…
Romantic tosh if you like. But I suspect many Greeks still remember it and the rest of the war against Xerxes as their greatest moment.
Ummm… Leonidas and his fellow Spartan’s all died and the Persian’s went on to occupy and sack Athens.
Indeed.
But their sacrifice bought three days of defensive line preparations on the isthmus of Corinth and evacuation of Athens, which was why only a few thousand Greeks were there to hold the pass in the first place. Everyone else bailed to the planned fall back position.
But I’d never expect you to understand either the point of self sacrifice for others, or the value of thinking strategically rather than tactically.
@McF
Respect.
Value of a well-rounded education 🙂
Shame about the movie. Although it should be pointed out that most of the best lines said by the Spartans (except I think the Gerard Butler “this is Sparta”) were actually said by Spartans. Not all at Thermopylae (e.g. I think the “Sparta is the only state that sent soldiers” line comes from the Anabassis), but yeah, one of the few movies where the best bits of the script comes from the historical figures. That line about “the skies will darken with our arrows / good, so we will fight you in the shade” was apparently said at the time.
Totalitarian swine, but shit they could talk a good game.
Except the plan was never that the action at Thermopylae was meant to be merely a delaying tactic. The population of Athens had already largely been evacuated. The aim was to hold them at the pass hence why the Greek Fleet was sent forward with the army under Leonidas command.
🙄
Yes, the plan to hold the pass with 7,000-odd failed. After a few days. A few days of evacuation and preparation elsewhere.
So Leonidas (seeing you spelled his name correctly this time, I’m assuming you’ve decided to jump onto wikipedia to find out what you were talking about) fought a holding action to protect the retreat of the bulk of the defenders, and the fleet then went and completed the evacuation of Athens.
Pretty much what I said, only from memory I thought it was 300 Spartans and a couple thousand others, rather than only a thousand or so others.
But then you need to argue that Thermopylae had no purpose, because if your Greek economic doomsday predictions do actually come true their still might be some point to telling the IMF to go fuck themselves even if it makes them worse off. It might still encourage others to do the same.
See, you imperialists need a Roman outcome: complete devasation and then salt the earth, without the merest hint of hope or inspiration. As soon as your victim shows dignity in the face of that, they become a martyr and a rallying cry for others.
You don’t know much history at all do you?
he does like to rewrite it on occasion, though 🙂
I’ve noticed.
And then later Greece won a crucial sea battle, then defeated a numerically superior force at Plataea, driving out the Persians. But I suspect that doesn’t fit your narrative, so you’ve ignored it as usual, Gosman.
Re : Varoufakis…God I wish we had some more like him on the Left opposition in New Zealand
…( Russel Norman and Hone Harawira and Laila Harre and Annette Sykes and Sue Bradford come closest)
‘He doesn’t negotiate, he kicks ass!’ Why Varoufakis was the coolest finance minister ever’
http://rt.com/news/272008-varoufakis-coolest-finance-minister/
“In five months of being Greek Finance Minister, Yanis Varoufakis proved himself to be a tough negotiator who was not going to concede even a bit to Greece’s creditors, as well as a political ‘rock star’ who wins hearts and minds from atop his motorcycle.
Varoufakis never showed that he was ready to accept all the demands Greece creditors put towards the debt-stricken nation. He repeatedly refused bailout plan offered by the troika of international creditors, calling it “a committee built on rotten foundations.”
The self-declared “erratic Marxist” was apparently ready to mutilate himself rather than agree to current terms of bailout presented to Athens by its international creditors….
“What they are doing with Greece has a name: terrorism,” Varoufakis told Spain’s El Mundo daily. “Why have they forced us to close the banks? To make people frightened. And when it comes to spreading terror, this phenomenon is called terrorism.”
Yes, Varoufakis was good, I mean excellent. Look at the results.
Was that a BMW motorcycle ?
Looks like a Yamaha XJR 1300 to me, duke.
Yes , its a Yamaha
Lol…Yamaha. Maybe assembled in China?
More likely Yamaha’s French assembly line.
how long was he finance minister? name the 10 finance ministers before him and their party?
Come on, Tracey. Varoufakis failed, the European ministers could not stand his “negotiation” style, so Mr Tsipras pushed and sacrificed him with the usual propaganda of calling him a hero. He did not resign, he was pushed. The erratic Marxist can go back to his pastime of riding bikes made in capitalist countries.
“Failed”? Resigning is a v clever move that will take even more wind out of the Eurocrats’ sails – he’s run rings around them.
In my view Varoufakis has probably been the worst Finance Minister in a western country in recent years.
He didn’t even succeed in his own specialty of game theory. Well, perhaps he did – he won the referendum, though probably at the cost of the Greek economy. And maybe Angela Merkel will buckle.
However, when one of the outcomes of your work is bank closures for the whole country for two weeks, with the consequential wreckage in the economy, that is a huge fail.
Imagine if all the banks closed in New Zealand for two weeks. How do wages get paid? How does business continue? Exactly how is this a good thing?
Unless wrecking your own economy is one of your objectives, and for many on the Hard Left that is exactly what they want. Street theatre is much more fun than hard graft.
And I guess that is why the Hard Left love him so much.
based on 6 months in office and you blame him for everything today?. By june 2009 if english were to be judged as though he was totally responsible for everything at that time he was an idiot right? ? you called for his resignation right? this is probably your most ridiculous post Wayne. an impartial person could argue the GFM has presided over an opportunity for a better deal than any of his predecessors. .. merkel says the door is still open… greece still in eu.
you think the economy wasnt in tatters when he was appointed?.
when your mask slips it reveals quite a nasty streak.
Tracey,
The test is whether ones own actions have resulted in an economy in much worse tatters than when becoming Finance Minister. In the case of Varoufakis, the answer is clearly “yes”, and in the case of Bill English the answer is clearly “no”.
Presiding, or actually precipitating bank closures is evidence enough of failure.
But hey, if the Greeks want to go for a Chavista style govt they are free to do so. They just have to bear the consequences. After all enough New Zealanders could have voted for Hone Harawria, John Minto et al to lead the govt. And if they had have done so, we would have had much the same style of govt as Greece or Venezuela.
What about massively increasing government debt – is that evidence of failure?
Bank closures count – what about finance companies?
“Clearly” – as viewed through blue-tinted welding goggles, maybe.
Ahhh no Finance company collapses does not count as enforced closure of the entire banking system and the imposition of economy wide capital controls. The fact you might even think that is rather illustrative of your general understanding of economics and finance.
I never said it did, you moron. I asked if it counted as evidence of government failure.
Alongside, of course, the massively-increasing government debt. Did you also think I thought that increasing government debt counts as a collapse of the entire banking system? No, of course you didn’t.
By the way, Amnesty International called: they want to start a letter-writing campaign against your frequent “enhanced interrogation” of the English language, but the only postal address they have for you is “c/o Satan’s Anus”.
Surely you would know the inflation adjusted GDP per capita for NZ only exceeded that of 2008 last year!
http://www.tradingeconomics.com/new-zealand/gdp-per-capita
And if it wasnt for Christchurch earthquakes it still wouldnt exceed 2008 this year as well.
Bill English after 6-7 years has not left NZ in a better place
Bill English inherited a healthy and prepared economy and allowed it to whittle down through the recession with little to no intervention to mitigate its affects. Varoufakis inherited an economy already decimated by IMF and eurozone demands and didn’t hack moving it away from their paradigm.
Failing is one thing, and potentially excusable. Not even trying is contemptible, Bill English is likely to be judged harshly by history, perhaps not so harshly as people like Douglas or Richardson, but I doubt he will be viewed as a competent economic steward by anyone except the commercial news media.
“much worse tatters” – at least you seem to be admitting that the previous finance ministers of non left wing parties just left the Greek economy in “tatters”.
Phew.
Vote for the Right. They will only leave your economy in tatters – Wayne Mapp former Minister of Defence.
Bill English harmed our economy majorly when he gave tax cuts to a group of kiwis that were known by the majority of economists to not stimulate the economy during a recession but to see money withdrawn from it. But he owed it to those who voted for him right? So bad economics for political expediency is… oh wait, that’s what you say the Greek FM has done!
zzzzzzzz
Wayne , I would have thought bailouts were popular with ‘your’ crowd.
Remember South Canterbury Finance!
and then AMI Insurance ?
You only have the change Greece for Canterbury and you have it in a nutshell.
SCF alone was about 1% of GDP at the time
Wayne only like likes bailouts for his corporate overlords.
Actually I can’t remember him ever advocating a bailout? He has an extensive comment history here. Search engine is good and so is google. It pays to look that kind of stuff up before asserting it as a statement of fact.
In other words, you are walking close to a pattern that I’d have to note as a moderator, and start getting you to substantiate while I hang a honking great club over your fingers. This is a friendly warning.
dukeofurl,
They were being offered a further bailout. The deal involved lending the Greeks more money. They are now seeing the cost of not getting more money.
In my view view Angela Merkel will probably relent a little on the terms initially offered. The outcome will possibly be close to the deal that Tsipras was offering last Tuesday.
That’s an interesting position. I’m not sure I entirely agree but I get where you’re coming from that two bailouts is significantly different than one.
The issue is essentially that the Greeks needed to take a bailout deal, and they didn’t have a more reasonable government in power at the time who negotiate terms that wouldn’t cause the economy to fail. If you pick up the economy after the previous bailout has already been taken, and don’t have the ability to renegotiate bailout terms, is it really your fault if the economy fails due in large part to the terms of the previous bailout?
It’s possible that there’s more that could have been done. But his hands were somewhat tied.
well, you say that now you have caught up on Merkel saying the door is open Wayne, something I stated in my comment to you.
You wrote at 145pm
“He didn’t even succeed in his own specialty of game theory. Well, perhaps he did – he won the referendum, though probably at the cost of the Greek economy. And maybe Angela Merkel will buckle.”
then later at 244pm
“In my view view Angela Merkel will probably relent a little on the terms initially offered. The outcome will possibly be close to the deal that Tsipras was offering last Tuesday.”
So you now seem to be suggesting the NO vote, in your opinion, will result in Tsipras getting the deal he sought last week? And yet you say his finance minister, who was part of that strategy and negotiation is, the worst Finance Minister in a western country in recent years?
I know there is no right or wrong answer to the Greek crisis but your rhetoric “hard left” and so on is just ridiculous.
As for the banks collapsing being a “good thing”. You might want to spend some time on the streets of Greece with people living this crisis (not those presiding over it from the comfort of their high incomes and luxury homes). That they would essentially vote for something like that MUST indicate to you how desperate they feel and how much more of the last 5 year plan they can take?
The Greek economy is already wrecked. Not by Varoufakis hand.
Germany has a 200 odd billion surplus…how does that surplus get recycled? That is the crux.
China recycles it surplus into US debt instruments so the game continues….Germany bleeds the rest of Europe dry. Zero sum game.
Gawd here we go, wasn’t the Greece economy already in ruins? 25% adult unemployment bears little resemblance to NZ doesn’t it. The fact that 60% of their people voted to not accept an EU deal while banking restrictions were in place shows you they want economic freedom and can put up with the pain. I’m sure they’ve got some choice words for your ideology too.
Exactly.
it makes sense if you are not looking at this from an ideological/spreadsheet perspective and considering the human element as well as the economic/ideological.
This notion that the Greeks who voted NO think that there are no consequences to their decision, that tomorrow will suddenly dawn brighter are patronising or being deliberately obtuse.
The recurring theme seems to be that Greece should be lauded for standing up to the “evil bankers”. In reality, Greece should be condemned for getting itself into so much debt. I know that if I lent someone $100k and they refused to pay it back, I’d be very angry if all his friends started defending him and painting me as the bad one.
They stiffed the unsecured lenders when GM went under . It was $27 bill and they got 10% of shares in ‘new GM’ which was worth abouth 1/10th of face value of bonds.
NZ Banks write off 10s millions of loans every year, in bad years it gets into 100s millions.
You are forgetting a thing called ‘risk’, its why some interest rates are higher than others, its because you may not get your money back
So just to be clear are you saying Greece’s debt should just be forgiven?
Kevin,
Yes, exactly.
Those debts, indeed the debts of every western country will never be repaid.
The question is how they wont be repaid.
Greece is by no means the worst offender, just small enough to bully.
Varoufakis himself agrees Marxists are not ready to run an alternative to Capitalism. The crisis of 2008 is deepening and nobody has any answers. Laying that at the doorstep of non-existent (in the west) left wing governments is laughable.
Believe it or not I sympathise and maybe the debt should be forgiven but not for the same reasons as you.
Case in point – Germany after WW1. Because other countries weren’t willing to help Germany out, and in fact made it unnecessarily worse for them, it led to the rise of the Nazi party and WW2.
Question is though, can Greece be trusted not to squander the help they get? Or is it simply a case of the world not having a choice but to bail the country out?
To get back to my analogy it would be like if forcing the person to give me back my $100K meant making him homeless and so depressed that he commits suicide, and in turn his kids end up trying to kill me to get revenge.
You probably dont realise that you are repeating nazi propaganda about the effect of reparations on Germany. because that exactly what the poor Germany after WW1 story is.
Rightly so, Germany militarism was largely responsible for WW1, this was also responsible for the militarism that led to WW2.
Reparations were for the damage to Northern France and Belgium, Germany itself being untouched, some one had to pay to restore the farms, villages, and industries. Because a lot of money wasnt repaid, the French and Belgians had to cover it themselves.
So please no sob stories for poor Germany after WW1.
Have you read Ben Eltons book, Time and Time Again, not a bad read.
Point noted.
fair point but it did cripple Germany economically and that gave rise to similar conditions to Greece today which , as in Greece, is fertile ground for facsist groups.
Everyone has to face the consequences of their decision-making, not just Greece.
Thats overstated that they were crippled.
After all the area WAS rebuilt, just that France and Belgium ended up paying themselves.
Politically, for France it was impossible for them not to ask for reparations, as thats what Germany did to France when they were defeated in 1871, and Prussian troops stayed in occupation till the French paid ( they suprised everyone by paying fairly quickly)
Iraq had to pay reparations to Kuwait after Gulf War 1. That wasnt easy for them either but they did it
case in point – Germany 1953. HUGE debt. Given MAJOR DEBT RELIEF by 20 nations including Greece. It enabled them to build the powerhouse economy they have today. Why wouldn’t Greece want that too?
If you lent your $100k in increments, and saw that each increment, in your opinion, was being misspent, foolishly used, you’d stop lending, wouldn’t you? You wouldn’t lend 10k more, same result, 10K more same result, all the way up to 100K. Or would you?
Greece didn’t become the basket case of helpless childlike money handlers that many are painting them as, it happened over time, and banks and countries kept “enabling” (even rewarding them) them, presumably cos they enjoyed the interest they were getting, or other flow on effects (whether trade or EU stability or whatever) but all considered of benefit to those lending… They would have factored in the risk of non payment, wouldn’t they? Or were they stupid through the goodness of their collective hearts?
The blame is many, including Greece’s but it is not greece’s alone.
An alternative look at the Greek situation: http://www.kiwipolitico.com/2015/07/loansharking-greece-and-odious-debt/
Varoufakis called bullsh&t on the troika, they dont appreciate it.
He also leaves with his dignity intact.
and “…wearing their loathing with pride.” The Eurocrats aren’t used to dealing with people who mean what they say.
This is inspiring stuff for those who aspire to a truly democratic society. When I first saw Varoufakis’s statement in The Guardian, I printed it out and thought that is worth framing for the living room wall. He has set the bar high for politicians of the left in the future. No wonder the Troika loanshark elites cannot cope with him!
+1000 – Varoufakis has shown courage, resolve and humility, and am I am filled with admiration for him.
+10,000
He doesn’t negotiate, he kicks ass!
The coolest finance minister ever.
Great post trp, thanks 🙂
100% agree with weka. One of your best te reo putake – great read.
Thx, guys. It’s such a strong narrative it pretty much wrote itself. And that photo of the woman touching his face … wow!
Really interesting to get some insight into Varoufakis’ reasoning and values, and I think standing down was strategically smart. I do take issue with your idea that a politician who’s served 3-4 terms has done their time, though. How do you imagine a caucus made up entirely of newbies would operate? The intricacies of parliamentary process and the range of expertise that a functioning caucus needs shouldn’t be overlooked. Perhaps there are some long-term MPs you don’t value, personally. That doesn’t mean that their caucus colleagues don’t value them or that they don’t have a place in the party they’ve made the focus of their lives for so many years.
I’m not saying that we don’t need regular intakes of new talent, or that all MPs have the right to continue in that role indefinitely, but that an over-generalised comment like, “If you’ve done 3 or 4 terms, it’s probably time to go. If you haven’t achieved what you set out to do by now, chances are, you’re never going to do it” ignores the realities of working in a team and in a challenging, multi-faceted role like an MP.
Who would ever become a Minister if they all left after 3-4 terms?
Good questions, red-blooded. There are MP’s I don’t rate, for sure. But their length of tenure isn’t the determining factor. Things like loyalty, competence and discipline feature way more heavily.
The Syriza government is chock full of ministers with only one term’s experience, but they seem to be making a fist of it. And I think MP’s, like football managers and All Black coaches, should be expected to have a reasonably short tenure. So if they don’t make to Minister, tough. The Labour party needs to continually refresh and last election, we didn’t get that opportunity. So, we need to tap a few on the shoulder, thank ’em for their efforts and move ’em on. And let some else have a crack.
A few observations in reply:
1) I think it’s too early to judge whether the Syriza government is going to make a fist of it. They’re well-motivated and are trying to do things differently from the last lot. Good luck to them, and to the people of Greece. Don’t let’s try too hard to emulate them, though. They’re in an extreme situation and their constituents are ready for extreme measures because they feel they have very little left to lose. They’re taking a punt. And let’s remember they’ve only been there a few months…
2) When I asked who would become a Minister, it wasn’t because I was worried about the career prospects of individual MPs – it was more a question about who would have had a chance to have built up the institutional knowledge and experience to make a strong Minister. We don’t want them all to learn on the job at the same time, and especially if there’s a lack of experienced people in the caucus to help mentor them.
3) The short-tenure approach has advantages (staying in touch with the electorate) but also limitations. When the Labour next gets to head a government, we’ll want some people who have governed before to still be in the ranks. After all, the Greens have never held that responsibility; there needs to be an anchor point.
I agree with you about things like loyalty, competence and discipline. Those weren’t the focus of your comments in this post, though. I think it’s easy to include throw-away lines like your comments about length of service (which was the focus of the commentary related to NZ) and sometimes we need to slow down and think things through a bit more clearly.
Greece — The One Biggest Lie You Are Being Told By The Media – See more at: http://www.globalresearch.ca/greece-the-one-biggest-lie-you-are-being-told-by-the-media/5460508#sthash.JeKGt2vy.dpuf
Greece did not fail on its own. It was made to fail.
In summary, the banks wrecked the Greek government, and then deliberately pushed it into unsustainable debt … while revenue-generating public assets were sold off to oligarchs and international corporations. The rest of the article is about how and why.
If you are a fan of mafia movies, you know how the mafia would take over a popular restaurant. First, they would do something to disrupt the business – stage a murder at the restaurant or start a fire. When the business starts to suffer, the Godfather would generously offer some money as a token of friendship. In return, Greasy Thumb takes over the restaurant’s accounting, Big Joey is put in charge of procurement, and so on. Needless to say, it’s a journey down a spiral of misery for the owner who will soon be broke and, if lucky, alive.
Now, let’s map the mafia story to international finance in four stages.
– See more at: http://www.globalresearch.ca/greece-the-one-biggest-lie-you-are-being-told-by-the-media/5460508#sthash.JeKGt2vy.dpuf
As a matter of comparison, wonder how far down this path Key and English have taken us.
They have certainly built up a large public debt of nearly $100 million since taking over. And Key has his mates in the banking world.
I don’t think we are anywhere near Greece’s situation. of course all countries sit on a continuum.
Nevertheless our public debt has soared under this government’s sound financial stewardship.
The IMF and its banking pals routinely screw over African economies without anyone batting an eye.
Yanis Varoufakis’s speeches are the finest I have read in my lifetime. Here is a collection of them.
http://yanisvaroufakis.eu/
Yanis dismembers neo-liberalism with insights that lead the reader to only one possible conclusion: economic revolution NOW.
I often wondered how Lenin’s speeches could have roused the masses to revolution. Reading Yanis, I now know.
Damn good comments and I agree wholeheartedly. Rejuvenation is vital for Labour well before the next election and the sense of entitlement b.s really has to go sooner rather than later.
Translates as: You show your face, you gonna have an accident with that motor bike of yours real soon.