Economist on US debt politics

Written By: - Date published: 12:00 pm, August 4th, 2011 - 34 comments
Categories: Economy, International, us politics - Tags: ,

KAL (the cartoonist for The Economist) expresses my feelings about the political process over the last couple of months in the US.

Their Washington correspondent after looking at the detail of the eventual ‘solution’ concludes with

In the end, hopes for a grand bargain that addressed entitlements, taxes and near-term economic support ran aground on the harsh reality that all these things would require bridging profound philosophical differences that have developed over decades. The odds that the next few months will yield a different outcome seem low: further brinkmanship (albeit of a less terrifying sort than seen in the past weeks) is more likely. That has become the routine way that fiscal policy gets made in America. True, stockmarkets rallied with relief that the most reckless path has been avoided. Meeting such a low standard should hardly be considered a vote of confidence in America’s fundamental fiscal and political maturity.

An earlier article “Turning Japanese: The absence of leadership in the West is frightening—and also rather familiar” pointed out that we have seen this type of political ineptitude spreading out into the real economy before – in Japan.

The world has seen this before. Two decades ago, Japan’s economic bubble popped; since then its leaders have procrastinated and postured. The years of political paralysis have done Japan more harm than the economic excesses of the 1980s. Its economy has barely grown and its regional influence has withered. As a proportion of GDP, its gross public debt is the highest in the world, twice America’s and nearly twice Italy’s. If something similar were to happen to its fellow democracies in Europe and America, the consequences would be far larger. No wonder China’s autocrats, flush with cash and an (only partly deserved) reputation for getting things done, feel as if the future is on their side.

America’s debt debate seems still more kabuki-like. Its fiscal problem is not now—it should be spending to boost recovery—but in the medium term. Its absurdly complicated tax system raises very little, and the ageing of its baby-boomers will push its vast entitlement programmes towards bankruptcy. Mr Obama set up a commission to examine this issue and until recently completely ignored its sensible conclusions. The president also stuck too long to the fiction that the deficit can be plugged by taxing the rich more: he even wasted part of a national broadcast this week bashing the wealthy, though the Democrats had already withdrawn proposals for such rises.

Yet Mr Obama and his party seem a model of fiscal statesmanship compared with their Republican opponents. Once upon a time the American right led the world when it came to rethinking government; now it is an intellectual pygmy. The House Republicans could not even get their budget sums right, so the vote had to be delayed. A desire to curb Leviathan is admirable, but the tea-partiers live in a fantasy world in which the deficit can be reduced without any tax increases: even Mr Obama’s attempts to remove loopholes in the tax code drive the zealots into paroxysms of outrage.

Quite simply the resolution of this particular crisis is just the beginning. Having myopic idiots like the tea party proponents being able to push the house republicans into unsustainable political positions does nothing to fix the structural problems in the US fiscal system. So this problem is going to keep occurring. Next up, the US congress has to pass their 2012 budget.

34 comments on “Economist on US debt politics”

  1. Draco T Bastard 1

    …does nothing to fix the structural problems in the US fiscal system.

    It’s our system too and that system is capitalism. Until we admit that capitalism doesn’t work then we will keep having the same problems.

    • lprent 1.1

      I suspect that may be a bit more long term than I was thinking about. Mostly I was looking at the resource allocation over the next 20-30 years with their aging population.

  2. Wonderful cartoon.  Love the blinkers on the Tea Party and the impending riding over the edge.  Speaks volumes …

  3. vto 3

    It seems that there is more debt in the world than there is money to repay it. How on earth did that happen?

    • Colonial Viper 3.1

      It seems that there is more debt in the world than there is money to repay it. How on earth did that happen?

      Top question.

      Because when a loan gets issued, money is created and deposited into a borrower’s bank account. That money can now be spent into circulation by the borrower.

      Immediately however interest begins to accumulate on the principal loaned. So from day 1, more money is needed to pay back that loan back than exists from the loan itself.

      Cumulatively, we now have trillions in debts which are ever increasing and insufficient money to pay them all back. The only way to create sufficient money to pay off debt as it comes due is to…you guessed it, take out more interest bearing loans.

      PS none of this is too big a deal when you have borrowed $1.00 and now need to pay back $1.10 (including principal and interest). But what If you borrowed $1T (a thousand billion dollars). And now need to find an extra $100B on top of that to pay back the interest?

      • vto 3.1.1

        Well then clearly the loan system is a fraud and the obligation to repay should be cancelled forthwith.

        Sounds like the world’s largest ponzi scheme. Which it is. Completely and utterly inequitable.

        In NZ then, Westpac, BNZ, ANZ, ASB, Heartland, SBS, Hongkong et al are operating a ponzi scheme. Everyone should mention this next time they speak to anyone at their bank. It has been kept hidden, this giant ponzi scheme, for too long.

        Keep them in the dark and feed them bullshit. The mushrooms have grown larger than the forest and now see the banking world for what it is.

        Wonder what the banker John Key has to say about it?

        • mikesh 3.1.1.1

          Interest on fiat money should be outlawed… … … clearly.

          • Colonial Viper 3.1.1.1.1

            Do I even dare say that in addition to banning interest bearing loans, and serious debt moratoria, we should look at having money which is backed by (convertible to) a commodity to stop its endless printing by central banks.

            Don’t tell Rusty Shackleford but I’m starting to think that a gold and/or silver backed dollar might be a good idea again.

            At the minimum, dollars need to be issued directly by the Government, debt free and interest free, without having to go through banks to do this with interest bearing loans.

        • Rodel 3.1.1.2

          VTO,, “Banker – John Key?”….In the words of Bill Bryson’s wife…..’ wrong word, but at least it rhymes.’

    • Policy Parrot 3.2

      Of course there is, that is purely a result of the fractional banking system. Money is actually created by issuing of debt.

      When you think of private loans for small businesses and homeowners, typically the bank has a lien against the property title, therefore if there is structural default in the ability to repay the loan, the assets can be seized.

      However, most corporate debt is through debentures, and thus unsecured. The recent economic problems relate specifically to the regulations governing how debt can be packaged, and the corresponding level of risk that it holds.

      Banks, and other financial institutions generally try to hold a near balance in assets and liabilities, in order to maximize their earnings, and in order to meet financial regulatory standards. But they can be, and frequently are caught off guard by the mass devaluations of the assets which they hold, and thus can longer meet the outstanding liabilities, that is, even if they retain sufficient cash flow.

      PONZI really isn’t that far away from describing the situation.

      • vto 3.2.1

        It seems genuinely a ponzi scheme. If the only way any loan can be repaid is by issuing further loans then that is a type of ponzi scheme. And that is the way it works. Such an evaluation would make a good post for someone to put together …..

        In addition, banks are effectively in a constant state of insolvency because they have no ability to meet their liabilities. They run on the chance that not everyone at once, or even a minority of them, will ask for their money back. That is a form of insolvency surely.

        In addition further, banks are the most highly leveraged organisations around. They have, what is it, 8-10% of their liabilities covered as ‘equity’? So they are 90% leveraged. And they have the gall to berate others for doing the same.

        I am no expert in the banking system so somebody prove me wrong before I go insane or go bush forever.

  4. queenstfarmer 4

    FTA: it should be spending to boost recovery

    But it has been, like never before in history. To quote George Will: “TARP, the stimulus, Cash for Clunkers, dollars for dishwashers, cash for caulkers, the entire range of stimulus, the Keynesian approach, which, by its own evidence, simply hasn’t worked.”

    • D13 4.1

      Those bankers dug a very very large hole!

      • mik e 4.1.1

        The Banks wouldn’t be the wouldn’t be there now if it weren’t for a bail out from us govt ironically! from Bush and Obama admins the Recession would have been a depression Geitner is the world foremost economist on the history of the Great depression. worked under both admins QSTF he did the right thing it it weren’t for Geitner and Bush we’d be buggered.Thank god bush made one right decision in his time!

    • Zorr 4.2

      It has worked in the limited frame of reference and the last person I would trust for ANY information is George Will. The reason it hasn’t fixed the problem is because stimulus to get us out of the hole doesn’t actually solve the issue that dug the hole in the first place. Corporate giants paying NIL tax, paying out massive bonuses on back of declared profits based on TARP loans… these are just some of the issues that STILL require fixing despite stimulus spending.

      It is like going to the doctor for a cold and the doctor prescribes you some medicine to help you get over it… you don’t take the medicine and end up in A&E a week later with pnuemonia claiming it was the doctors fault you didn’t take your medicine.

    • Colonial Viper 4.3

      qstf ffs get with the fraking programme

      to be a real Keynesian the US Govt should have directly employed 5M people for a 3 year duration. Would have cost them an easily manageable $450B.

      All they did in comparison was watered down BS which was never going to work in the first place.

      And guess what happens instead when State govt, Federal Govt and the Private Sector all decide to lay off more and more people, all at the same time? An economic DEATH SPIRAL

      US Private Sector Layoffs to Hit 16 Month High

      Happy days all round in the US

      http://www.reuters.com/article/2011/08/03/us-usa-economy-jobs-challenger-idUSTRE7722G120110803

      • queenstfarmer 4.3.1

        the US Govt should have directly employed 5M people for a 3 year duration

        Work for the dole eh? I’d always heard leftists argue it was more hassle than its worth,

        • Colonial Viper 4.3.1.1

          Workers in the programme would be paid US$25,000 pa i.e. a decent full time wage for a decent full time job, enough that a family could sustain itself on.

          • queenstfarmer 4.3.1.1.1

            US$25k / pa is only fractionally more than the NZ minimum wage (probably less so given it includes 4 weeks paid leave).

            If that is “a decent full time wage for a decent full time job, enough that a family could sustain itself on” in the US, is it not also in NZ?

    • Pascal's bookie 4.4

      George Will. Now there’s a reliable source. lol.

  5. The US debt is at $14 trillion – nearly 90% of their GDP – and Standard & Poors retains a AAA credit rating for our American cuzzies?!?!

    WTF?

    • Colonial Viper 5.1

      Ahem your figures are out of date.

      Because the US Govt now has to pay back all the monies they borrowed out of govt worker pension funds etc, and catch up on deferred borrowing, they have had a massive single day increase in debt ($0.24B in a single day).

      They are now at 97% debt: GDP.

      • KJT 5.1.1

        Apparently the USA could still pay back all their debt within ten years. If! they taxed their billionaires at the same rate they did in the 60’s.

        They are going to hand their whole country to China just so their wealthy do not have to lose a small proportion of their wealth.

        • Colonial Viper 5.1.1.1

          The super wealthy in the US (and elsewhere) are playing a very disturbing game.

          My take on it is that they have formed a tiny tight knit global community beween themselves (population 700,000) which has its own ‘citizenship’ requirements, and which has no loyalty remaining for the countries they were born in, live in, or the other 99.99% of humanity.

  6. Afewknowthetruth 6

    As DTC pointed out at the start, the mess most of the world is now in is a function of the system, which is based on fractional reserve banking and conversion of fossil fuels into waste.

    The cartonn is amusing, but is quite wrong. It is the money-lenders and the industrialists who are pulling the world off the cliff. Indeed, industrial civilisation is pulling the wolrd off the cliff.

    Anyone who thinks this system will continue to function for more than another few years is severely deluded.

    .

  7. Bored 7

    Read something interesting re the debt of the PIIGS and who it was to…..this article contends that the debt in Europe could be reduced by 64% if countries cross cancelled debt between each other…of course the bankers would take a hit but so what?

    https://files.me.com/anthonyjevans/674a4n and http://energybulletin.net/stories/2011-08-01/debt-and-disorder

    The whole point is that the bankers we are indebted to want bail outs so that they can carry on their miserly Shylock impersonations.

  8. Jum 8

    And what was that snippet I heard on the news about an airport? closed down and people out of work because of the tea party greedies trying to hold the debt ceiling agreement back.

  9. ChrisH 9

    “feel future is on their side” (Economist)?

    In the face of the once-more-revealed weakness and division of liberal parliaments beholden to various paymasters, try Tomorrow Belongs to Me.

    PS this is written to warn, not celebrate.

    • Jum 9.1

      ChrisH

      ‘Tomorrow Belongs to Me’ – from Cabaret I gather? It makes the hairs stand up on the back of my neck whenever I hear that.

  10. First of all I have nothing with the “tea” party or the rabid Ron Paul league. My preference for American politicians goes to the likes of Cynthia McKinney and Kuchinich (even though I think he was suckered in by the Obama camp for a while)
    The only thing you can say for Ron Paul himself is that he has been consistent in his voting record and has been in politics for his principles and is a tenacious pitbull when it concerns the Federal Reserve but here’s my 2 cents on the economical situation we are finding ourselves in.

    First of all the US government is spending trillions of dollars on 6 wars bankrupting the US. All the jobs have been and still are exported to China leaving the population of the US without jobs and income.

    The banksters have a stranglehold on the government and are sucking whatever is left out of the US population without repercussions and the US population is waking up to the bail out scams of the offshore financial terrorist bankers.
    Stop the wars, invest in research and development in alternative energy harvesting, start rebuilding the infra structure and tax the super rich and you’ll find that the global economy has a chance of recovering.

    • Colonial Viper 10.1

      Senator Bernie Sanders (Vermont) is on to it

      I still like Anthony Weiner as well…despite his ahem…Twitter impulse control issues.

  11. Jenny 11

    “Given the choice between a Republican and someone who acts like a Republican, people will vote for the real Republican all the time,”

    Harry Truman.

    If the thirty-third president was right, then Barack Obama just did himself and his party a world of hurt.

    John Nichols at ‘The Nation’, asks where are the bold political leaders of the past.

    …….instead of bold action—borrowing a page from Ronald Reagan to demand a straight up-or-down vote on raising the debt ceiling; borrowing a page from Franklin Roosevelt to pledge to use the authority afforded him by the Constitution to defend the full faith and credit of the United States—the president engaged in inside-the-Beltway bargaining of the most dysfunctional sort.

    …….Congressional Progressive Caucus co-chair Raul Grijalva says Obama and his negotiators have bent too far to the extremists. Like many progressives, Grijalva favored the straight up-or-down vote on debt ceiling. “Had that vote failed,” he argued, “the president should have exercised his Fourteenth Amendment responsibilities and ended this manufactured crisis.”
    Grijalva is expected to join members of the Congressional Progressive Caucus and the Congressional Black Caucusat a Monday press conference, where they will call on Obama to sidestep Congress and raise the debt limit by invoking the Fourteenth Amendment.

    Obama has, so far, rejected this option.

    ……Grijalva objected, in particular, to the lack of shared sacrifice in the deal.

    “This deal does not even attempt to strike a balance between more cuts for the working people of America and a fairer contribution from millionaires and corporations. The very wealthy will continue to receive taxpayer handouts, and corporations will keep their expensive federal giveaways. Meanwhile, millions of families unfairly lose more in this deal than they have already lost. I will not be a part of it,” the Arizona congressman explained. “Republicans have succeeded in imposing their vision of a country without real economic hope. Their message has no public appeal, and Democrats have had every opportunity to stand firm in the face of their irrational demands. Progressives have been rallying support for the successful government programs that have meant health and economic security to generations of our people. Today we, and everyone we have worked to speak for and fight for, were thrown under the bus. We have made our bottom line clear for months: a final deal must strike a balance between cuts and revenue, and must not put all the burden on the working people of this country. This deal fails those tests and many more.”

    But Grijalva’s gripe was not merely a moral or economic one.

    It was political, as well.

    “The Democratic Party, no less than the Republican Party, is at a very serious crossroads at this moment. For decades Democrats have stood for a capable, meaningful government—a government that works for the people, not just the powerful, and that represents everyone fairly and equally. This deal weakens the Democratic Party as badly as it weakens the country,” explained Grijalva.

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    Scottish appeal court judges have declared that Boris Johnson’s decision to suspend parliament in the run-up to the October Brexit deadline is unlawful. The three judges, chaired by Lord Carloway, Scotland’s most senior judge, overturned an earlier ruling that the courts did not have the powers to interfere in the prime ...
    1 week ago
  • Let me explain what I meant by Everyday New Zealanders
    By Simon Bridges. The following is a press release from the office of Simon Bridges, leader of The National Party. Key ora, New Zealand. Happy Maori Language Week. Look, I’m writing to you today because I want to clear something up. There’s been a lot of kerfuffle around some things ...
    The CivilianBy admin
    1 week ago
  • Yes, the SIS is subject to the Public Records Act
    I understand there's some stuff going round about how the SIS "was removed from the list of public offices covered by the Public Records Act in 2017". The context of course being their records derived from US torture, which will be disposed of or sealed. The good news is that ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • An evidence-based discussion of the Canadian fluoride/IQ study
    Dr. Christopher Labos and Jonathan Jarry discuss the recent Canadian fluoride/IQ research. They provide an expert analysis of the paper and its problems. Click on image to go to podcast. The critical debate about the recent ...
    1 week ago
  • Climate Change: Australia in denial
    Australia is burning down again, and meanwhile its natural disaster minister is denying climate change:Australia’s minister responsible for drought and natural disasters, David Littleproud, has said that he doesn’t “know if climate change is manmade”. Clarifying earlier comments that the question is “irrelevant” when considering the Coalition government’s response to ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Philippines activist speaking on the Duterte tyranny
    Auckland Philippines Solidarity is excited to host Professor Judy Taguiwalo for a speaking tour of NZ in September. She is a well-known activist in the Philippines and was a political prisoner under the Marcos dictatorship. Professor Taguiwalo briefly served as a Cabinet member under President Duterte but was forced from ...
    RedlineBy Daphna
    1 week ago
  • Disgust
    I have no special insights to offer on the Labour sexual assault coverup. All I have is disgust. Disgust that an organisation could fail its people so badly. Disgust that they punished the victims rather than the perpetrator. Disgust that its party hacks are apparently blaming the victims for demanding ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Speak Up for Women calls out Greens’ censorship
    This open letter to the Green Party was penned after an opinion piece by Jill Abigail, a feminist and founding member of the party, was censored by the Greens’ leadership. (Redline has reprinted her article here).The intolerance of the Green Party leaders and their acceptance of the misogyny of gender ...
    RedlineBy Daphna
    1 week ago
  • Member’s Day: End of Life Choice, part 3
    Today is a Member's day, and David Seymour's End of Life Choice Bill continues its slow crawl through its committee stage. They're spending the whole day on it today, though the first hour is likely to be spent on voting left over from last time. After that they'll move on ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Flight to Los Angeles turned back after passengers decide they don’t want to go anymore
    An ambitious plan to fly to Los Angeles petered out into a brief sight-seeing trip and a desire to return home and get some sleep before work tomorrow. Air New Zealand has confirmed a flight to Los Angeles last night was turned back about a quarter of the way into ...
    The CivilianBy admin
    1 week ago
  • Indigenous Futures: defuturing and futuring – an analytical framework for policy development?
    There appears to be consensus – by omission – that the concept of indigenous futures should be accepted at face value. So I scavenged the internet to see if I could locate an academic descriptor or a framework around how we think about it as a concept, and whether it ...
    EllipsisterBy Ellipsister
    1 week ago
  • Cadbury rumoured to be releasing the Pineapple Trump
    Here’s another novelty chocolate to shove in your gob, New Zealand Cadbury could be seeking to make itself great again with a rumoured new release: Pineapple Trumps, a spin on its classic chocolate-encased pineapple treat and do-it-yourself tooth remover. The global confectionery manufacturer and bumbling “before” character in an infomercial, ...
    The CivilianBy admin
    1 week ago
  • The coming resource war.
    During my time in the Pentagon I had the privilege of sitting down with military leaders and defence and security officials from a variety of Latin American nations. Sometimes I was present as a subordinate assistant to a senior US defence department official, sometimes as part of a delegation that ...
    KiwipoliticoBy Pablo
    1 week ago
  • Māori Language Week with The Civilian
    Kia ora, Aotearoa. It’s that magical time of year. Te Wiki o te Reo Māori. In English, the week that frightens talk radio. As you probably know by now, all your favourite media outlets are participating, some more successfully than others. Stuff has changed its name to Puna for the ...
    The CivilianBy admin
    1 week ago
  • Will Horizons act on climate change?
    Local body elections are coming up next month. And it looks like all Palmerston North candidates for Horizons (the Manawatu-Whanganui Regional Council) want to take action on climate change:Climate change is set to be a key issue in Palmerston North for the next three years if those wanting to get ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • BORA reform is stalled
    Eighteen months ago, the government promised to strengthen the Bill of Rights Act, by explicitly affirming the power of the courts to issue declarations of inconsistency and requiring Parliament to formally respond to them. So how's that going? I was curious, so I asked for all advice about the proposal. ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Corbyn and Brexit
    As the Brexit saga staggers on, the focus is naturally enough on the Prime Minister and his attempts to achieve Brexit “do or die”. But the role played by the Leader of the Opposition is of almost equal interest and complexity. The first problem for Jeremy Corbyn is that he ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • A ditch for him to die in
    Last week, English Prime Minister Boris Johnson boldly declared that he would rather die be dead in a ditch than delay Brexit. Unfortunately for him, the UK parliament accepted the challenge, and promptly dug one for him. The "rebellion bill" requires him to ask for and secure yet another temporary ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Warning! Warning! Danger Jacinda Ardern! Danger Marama Davidson! Warning!
    Lost In Political Space: The most important takeaway from this latest Labour sexual assault scandal, which (if I may paraphrase Nixon’s White House counsel’s, John Dean’s, infamous description of Watergate) is “growing like a cancer” on the premiership, is the Labour Party organisation’s extraordinary professional paralysis in the face of ...
    1 week ago
  • Union solidarity with Ihumatao land occupation
    by Daphna Whitmore Every Sunday for the past two months unionists from First Union, with supporters from other unions, have set out to the Ihumatao land protest, put up gazebos and gas barbeques, and cooked food for a few hundred locals and supporters who have come from across the country. ...
    RedlineBy Daphna
    1 week ago
  • Climate Change: The wrong kind of trees?
    Newsroom today has an excellent, in-depth article on pine trees as carbon sinks. The TL;DR is that pine is really good at soaking up carbon, but people prefer far-less efficient native forests instead. Which is understandable, but there's two problems: firstly, we've pissed about so long on this problem that ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • No freedom of speech in Turkey
    Canan Kaftancioglu is a Turkish politician and member of the opposition Republican People's Party (CHP). Like most modern politicians, she tweets, and uses the platform to criticise the Turkish government. She has criticised them over the death of a 14-year-old boy who was hit by a tear gas grenade during ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Speaker: Tadhg Stopford: Why I’m standing for the ADHB
    Hi there, just call me Tim.We face tough problems, and I’d like to help, because there are solutions.An Auckand District Health Board member has nominated me for as a candidate for the ADHB, because her MS-related pain and fatigue is reduced with hemp products from Rotorua.  Nothing else helped her. If I ...
    1 week ago
  • Good little vassals
    The Inspector-General of Intelligence and Security has published their report on whether the SIS and GCSB had any complicity in American torture. And its damning. The pull quote is this:The Inquiry found both agencies, but to a much greater degree, the NZSIS, received many intelligence reports obtained from detainees who, ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Who Shall We Turn To When God, And Uncle Sam, Cease To Defend New Zealand?
    Bewhiskered Cassandra? Professor Hugh White’s chilling suggestion, advanced to select collections of academic, military and diplomatic Kiwi experts over the course of the past week, is that the assumptions upon which Australia and New Zealand have built their foreign affairs and defence policies for practically their entire histories – are ...
    1 week ago
  • The Politics of Opposition
    For most of the time I was a British MP, my party was out of government – these were the Thatcher years, when it was hard for anyone else to get a look-in. As a front-bencher and shadow minister, I became familiar with the strategies required in a parliamentary democracy ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • More expert comments on the Canadian fluoride-IQ paper
    The Green et al (2019) fluoride/IQ is certainly controversial – as would be expected from its subject (see If at first you don’t succeed . . . statistical manipulation might help and Politics of science – making a silk purse out of a sow’s ear). Anti-fluoride campaigners have been actively promoting it ...
    1 week ago
  • The return to guerrilla war in Colombia
    by Gearóid Ó Loingsigh On August 29th a video in which veteran FARC (Revolutionary Armed Forces of Colombia) commander Iván Márquez announced that they had taken up arms again was released. There was no delay in the reaction to it, from longtime Liberal Party figure and former president Uribe, for ...
    RedlineBy Admin
    2 weeks ago
  • Air New Zealand identifies this enormous plot of unused land as possible second airport site
    Air New Zealand couldn’t believe its luck that this seemingly ideal piece of real estate had so far gone entirely unnoticed. Air New Zealand’s search for a site to build a second Auckland Airport may have made a breakthrough this afternoon, after employees scanning Google satellite imagery spotted a huge, ...
    The CivilianBy admin
    2 weeks ago
  • Redline on the Labour Party
    No-one on the anti-capitalist left in this country today puts forward a case that Labour is on the side of the working class.  There are certainly people who call themselves ‘socialist’ who do, but they are essentially liberals with vested interests in Labourism – often for career reasons. Nevertheless, there ...
    RedlineBy Admin
    2 weeks ago
  • New Fisk
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Labour’s failure
    When National was in government and fucking over the poor for the benefit of the rich, foodbanks were a growth industry. And now Labour is in charge, nothing has changed: A huge demand for emergency food parcels means the Auckland City Mission is struggling to prepare for the impending arrival ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Ardern attempts to vaccinate Clarke Gayford live on television to prove that it’s safe
    Gayford, pictured here on The Project, before things got wildly out of control. A bold public relations move by the Government to encourage parents to vaccinate their children has gone horribly wrong. Prime Minister Jacinda Ardern appeared on tonight’s episode of Three’s The Project, where the plan was for her ...
    The CivilianBy admin
    2 weeks ago
  • Has Mr. Whippy gone too far by parking on our front lawns?
    Mr. Whippy’s business model has driven it down a dark road of intimidation. Residents in major centres around the country are becoming disgruntled by the increasingly aggressive actions of purported ice cream company Mr. Whippy, who have taken to parking on people’s front lawns and doorsteps in a desperate attempt ...
    The CivilianBy admin
    2 weeks ago
  • Cleaning up the water
    Today the government released its Action Plan for Healthy Waterways, aimed at cleaning up our lakes and rivers. Its actually quite good. There will be protection for wetlands, better standards for swimming spots, a requirement for continuous improvement, and better standards for wastewater and stormwater. But most importantly, there's a ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Fronting up
    Today I appeared before the Environment Committee to give an oral submission on the Zero Carbon Bill. Over 1,500 people have asked to appear in person, so they've divided into subcommittees and are off touring the country, giving people a five minute slot each. The other submitters were a mixed ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Politics of science – making a silk purse out of a sow’s ear
    Anti-fluoride activists have some wealthy backers – they are erecting billboards misrepresenting the Canadian study on many New Zealand cities – and local authorities are ordering their removal because of their scaremongering. Many New Zealanders ...
    2 weeks ago

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