Daily Review 29/06/2017

10 comments on “Daily Review 29/06/2017 ”

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1. weka 1

   29 June 2017 at 5:59 pm

   Wasn’t there a Brighter Future meme generator at the last election?
2. Robert Guyton 2

   29 June 2017 at 6:16 pm

   That’s brilliant. Mockery works.
3. Draco T Bastard 3

   29 June 2017 at 6:58 pm

   Has the World Been Fitted With a Debt Straightjacket? (pdf)

   The world’s combined public and private debt is approaching 300 percent of GDP. In the United States, public debt alone under Presidents George W. Bush and Barack Obama jumped from $5.8 trillion in 2001 to $20 trillion in 2016, a 250 percent increase. According to the U.S. Congressional Budget Office, interest payments on that debt increased by almost $30 billion for just the first six months of FY 2017—a nearly 23 percent jump. As the Federal Reserve and other central banks return interest rate policy to its historic norm, will the increased spending necessary to finance today’s massive debt impede economic growth? Or can the global economy handle today’s debt load? Some analysts suggest that in recent decades, Japan with its massive debt theoretically couldn’t achieve higher levels of economic performance precisely because higher interest rates would have risked a bank balance sheet crisis. How problematic is today’s debt?

   Found this a couple of days ago but haven’t read it yet. Thought people would be interested in it though.
4. patricia bremner 4

   29 June 2017 at 9:29 pm

   Labour’s sign

   “Fair work place agreements”

   Yes!! I like it.
5. Tamati Tautuhi 5

   29 June 2017 at 10:56 pm

   Debt and the World Banking System has become so complex nobody appears to really understand what is going on. We went through the Global Financial Crisis GFC 2006-2007 however countries financial positions appear to be even worse now than they were then hopefully sanity will prevail ?

   Does anybody really understand the Big Picture ?
   • Draco T Bastard 5.1

     30 June 2017 at 7:29 am

     I’m reasonably certain that there are people who know what’s going on but they don’t want anyone else knowing and so they hide it behind complexity.
6. ianmac 6

   29 June 2017 at 11:06 pm

   Richard Griffen is the Chairman and he says all is OK. Brent Edwards resigned this for after the election, best political journalist on radio I reckon.

   “Leaked emails and an internal document from disgruntled Radio New Zealand (RNZ) staff were presented to a select committee today by a group calling for the state broadcaster to get more funding.

   But the chair of the RNZ board told the committee it was in better shape than ever.”

   “The Coalition for Better Broadcasting presented a petition to the Commerce Select Committee on Thursday bearing over 33,000 signatures from concerned citizens calling for the broadcaster to get more state funding.”

   (Probably that is said after any business has had its assets stripped)
   https://www.stuff.co.nz/national/politics/94214385/leaked-emails-show-turmoil-at-rnz-but-chair-says-all-is-well
   • tc 6.1

     30 June 2017 at 6:34 am

     Better shape then ever to be a conduit for DP players Hooton and DPF amongst other soapbox spots with once over lightly questioning from the tame presenters.
   • Philj 6.2

     30 June 2017 at 8:00 am

     Similarly, re RNZ,
     http://www.radionz.co.nz/audio/player?audio_id=201849371
     This link also mentions the privatisation of Government services, including Universities! This is unbelievable and warrants further scrutiny and outrage.
7. Penny Bright 7

   29 June 2017 at 11:35 pm

   How is being a New Zealand Minister, including the PRIME Minister, not a 24/7 ‘job’?

   Here’s what the NZ Cabinet Manual states:

   https://dpmc.govt.nz/our-business-units/cabinet-office/supporting-work-cabinet/cabinet-manual/2-ministers-crown-6

   Conduct of Ministers

   2.55A Minister of the Crown, while holding a ministerial warrant, acts in a number of different capacities:

   in a ministerial capacity, making decisions and determining and promoting policy within particular portfolios;

   in a political capacity as a member of Parliament, representing a constituency or particular community of interest; and

   in a personal capacity.

   2.56In all these roles and at all times, Ministers are expected to act lawfully and to behave in a way that upholds, and is seen to uphold, the highest ethical standards.

   This includes exercising a professional approach and good judgement in their interactions with the public and officials, and in all their communications, personal and professional.

   Ultimately, Ministers are accountable to the Prime Minister for their behaviour.

   2.57Holding ministerial office is regarded as a full-time occupation and is remunerated as such. Accordingly:

   accepting additional payment for doing anything that could be regarded as a ministerial function is not permissible; and
   accepting payment for any other activities requires the prior approval of the Prime Minister.

   ________________

   Penny Bright

   2017 Independent candidate for Tamaki.

   Exposing the $1.6 billion Tamaki ‘Regeneration’ – GENTRIFICATION $CAM.

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