Farewell NZ Institute

Written By: - Date published: 10:34 am, December 21st, 2011 - 14 comments
Categories: Economy - Tags: ,

I’m really disappointed the New Zealand Institute is merging with the Business Roundtable. It smells like the NZI was out of cash. It’s a pity because, since getting rid of David Skilling, the NZI has been producing some good, broad-minded,practical work on the economy’s fundamental challenges. Merger just leave a shill for the neoliberal elite.

14 comments on “Farewell NZ Institute”

  1. Colonial Viper 1

    Money talks and the Left doesn’t have any.

    • queenstfarmer 1.1

      The Labour Party here may be broke, but in the US for example the Left is raking it in:

      Obama amassed a record $750 million as he surged to victory in 2008. His 2012 campaign total is expected to hit $1 billion or more, even without a major Democratic primary opponent or the emergence of a strong Republican contender.

      • KJT 1.1.1

        Bit of a stretch calling Obama, Left!

        • Colonial Viper

          His largest campaign contributors include Goldman Sachs, Citigroup and JP Morgan.

          Now, remind me again how many executives from those firms have been put behind bars for mass financial fraud? Roughly none. Zero cases brought up against executive officers from any of them.

          In comparison, hundreds went to jail in the S&L fraud scandal in the 1990’s.

          Obama’s a protector of the top 0.1%, and a military ruler to boot.

          Election year next year: expect Iran to be the new ‘Axis of Evil’.

        • queenstfarmer

          It’s an interesting question. Here’s two views:

          Obama revealed: A moderate Republican
          Perhaps this is just the logical endpoint of two years spent arguing over what Barack Obama is — or isn’t. Muslim. Socialist. Marxist. Anti-colonialist. Racial healer. We’ve obsessed over every answer except the right one: President Obama, if you look closely at his positions, is a moderate Republican of the early 1990s.

          The other view

          Little ‘left’ of O craze
          Obama is by far the most liberal president since FDR, with a competence level to match Jimmy Carter’s. Obama’s first two years, when Dems controlled Congress, were a left-wing fantasy of taxing, borrowing, spending, regulating and government expansion. Throw in his apologies to the world for America’s history, and there is no precedent in modern times.

      • prism 1.1.2

        That money that Obama had was just to get elected wasn’t it? Donations accumulating so he could get a necessary public profile and people knew something about him. It seems hard work penetrating the concrete of some of the USA right who would rather recite stupid lies about him.

        That’s not the same as having ongoing funds to fund a broad-thinking planning and analysis group. Of course we have Treasury?

        I find some sanity of thinking from listening to Rod Oram.

        • prism

          CV There’s a lot I don’t know about Obama it seems – some being that the big moneybags backed him and it wasn’t all the little people getting together to get their man on high.

          • Gosman

            Perhaps the members of the Occupied movement could get off their backsides and actually campaign for a candidate or candidates from the left then. Oh no that’s right, it is much easier blaming all the world’s problems on that big bad 1% than actually doing anything practical like getting involved in the actual system.

        • fmacskasy

          Ditto, Prism…

      • fmacskasy 1.1.3

        Obama, “left”?!

        What part of him? His hand and foot?

  2. insider 2

    It’s an odd one alright. Seems a better deal for the BRT as an opportunity to potentially soften their image now that Roger is no longer with us. NZI lost a lot of headline space after Skilling left. Election might have had something to do with it too as he was popular with Labour I think, a bit like Peter Neilson’s crowd who have suffered a big funding downturn.

  3. randal 3

    the funny thing is I cant think of one business that the business round table was responsible for creating or mentoring.
    they were only ever a group of rich right wing nutbar provacateurs who wanted to attack workers and wages and conditions.
    basically would be upper class scum.

  4. Jenny 4

    Is the BRT on it’s death bed as a credible public lobby group, are they about to face their biggest loss of credibility ever?

    Could part of the reason for the merger, be New Zealand’s pending biggest ever criminal fraud case being brought against unnamed individuals involved in the South Canterbury Finance bailout?

    Roger Kerr the late chairman of the BRT at the time, was one of the single biggest beneficiaries of the Bail Out – gifted by the taxpayer the staggering amount of $100 million dollars.

    Are there any other insiders in the know, who got away with the tax payers money, still lurking inside the ranks of the BRT?

    If the secret list of names of those facing charges over the alleged SCF fraud ever comes out, might it reveal a roll call of the top luminaries of the soon to be defunct BRT?

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