kinda what i’ve been wondering.que mortgage sales and farms being offloaded by desperate farmers and “investors”, especially marginal farms. remember how china pushed up the price of coal, all the while stockpiling it and the subsequent crash in price when they stopped buying? now with dairy dejavu. the banks have not been particularly responsible with lending, pouring millions into dairy conversions (including in area totally unsuited like central otago) making hay while the sun shines. well the weather has turned and is about to shit all over those hapless farmers – and our economy. whose goin to buy all these farms? i wonder.
Wouldn’t surprise me to see such happen even if it hadn’t been purposeful. The rich will always find ways to take from everyone else during times of trouble.
Just look at the those who are now part of the Chinese banking system: Don Brash, Jenny Shipley, Ruth Richardson, Chris Tremain (this one would be absurdly funny if it was’t true).
I would not be surprised if Chinese financed corporate farming rises to prominence in the next couple of years.
Yes, the main problem with the world dairy market is nobody knows what is happening in China, zero visibility. Its utterly stupid to be relying on this country for our future, that is the mistake Fonterra has made.
I don’t know but China filled its warehouses chooker full buy all accounts and are know in a position of being able to sit it out for a while while farms potentially go broke.
I am aware there’s lots of other factors pushing dairy prices down as well but was just interested to see what other comenters here thought.
One flaw in his talk is the assertion that it will force every one onto a credit card when its easier now to be cashless and not have a credit card than it was 10 years ago.
Direct transaction from account to account and I believe my eftpos card can be set up as a debit card that works like a credit card but you use you’re own money.
Ok, so overnight online banking. In my experience there are still enough places that won’t do that and require a credit card. I also use my credit card over the phone. Is there is a substitute for that (not sure if debit cards can be used like that)?
Debit cards can be used exactly the same way as credit cards and in the same places. The only difference is that debit cards don’t usually have credit on them and so you can only use money that you have in the bank.
Weka their are several different versions of cash card now even one that you transfer only the amount of the purchase so you don’t get your bank account emptied by a scam.
Debit cards – they’re eftpos cards that are linked into the Visa or Mastercard network and can be used in the same fashion as a credit card except they draw directly from your account. So far as I can tell, they are offered by the major banks, Kiwibank, TSB, the Cooperative Bank and most credit unions.
Go on to your bank website and search using the term “debit card” you should get the info if you’re interested. I’ve been far better at managing my money since I switched from using credit to debit.
Are you saying that a debit card by default can’t go into overdraft?
That’s what I’m saying. Unless you have an overdraft facility on your account.
How does the bank and/or credit card company make money from it then? Is the retailer picking that up?
Mine is with ANZ – I don’t have an annual fee on it because it’s linked with my everyday account. If it was linked with another account – like my savings – it would be $10 p.a. There is a currency conversion fee of 2.5% when buying in foreign currency, but lots of overseas retailers – like Amazon – charge in $NZD, so that can be avoided.
I would guess the retailer is picking up the charges for being on the network.
Thanks Ovid. I think when my bank originally offered me something like this it was tied into them offering me credit, so I said no. I generally don’t take my credit card to town, so having a credit facility on my eftpost card was always going to be a bad idea. That was some years ago though, I should check it out.
AFAIK store owners and businesses get killed with these debit cards because the credit card company takes their 2.5% financial industry tax on every transaction.
Banks pushed customers to replace their eftpos cards with these credit card branded debit cards because they get a cut of this action.
AFAIK store owners and businesses get killed with these debit cards because the credit card company takes their 2.5% financial industry tax on every transaction.
Which happens to be another reason why we have to shift from private bank financial system to a government bank owned financial system.
We should not have to pay private companies to use our money.
thanks CV. Is that worse than what credit card companies/banks do with credit cards? I’ve noticed a few places that now add a charge if purchasing with a credit card.
How much will the banks be allowed to charge you/ me/us for transactions on our ‘deposit’ ‘credit’ ‘eftpos’ card?
When I pay cash, i pay cash, the bank gets nothing. So in fact, ‘the cashless’ society is going to increase the cost of living by way of ‘taxing’ transactions.
its just that you don’t physically have to pull out a note of your wallet.
this is an interesting read on the cashless society that are the US American Citizens that receive SNAP and or other benefits.
Exactly – but its small business owners who bare the brunt of this financial leachery, as they end up paying % merchant fees to the credit card companies. SMEs then feel pressure to take more from employees and customers.
I pay these fees every month, but i do count these fees as a ‘cost of doing business’ and i am able to write them off at the end of the year.
Bank Cards cost money, account fees, transaction fees, replacement fees for a lost card etc etc etc. This can actually eat up quite a bit of cash at the end of the year, that only benefits the card issuing bank, but add to no service to the businesses and/or community.
A cashless society run by the banks? No thank you, they are already milking us to no end, i also don’t like the idea that my every purchase is traceable via bank statements, nor do I like the idea that my data gets a. sold of to the highest bidder or to any business that the bank works with….shared data ….or that it might get stolen.
I can see the attraction aka the Startrek button that is the intercom, the bank account and we are all paid in credits. Alas, as our current government here, and various other government overseas show daily, we first have to have the total war before the Vulcan come to Earth to give us Warp Drive and a better more enlightened future.
one major goal of a cashless society is to be able to track your commercial activities in real time, wherever you are.
This is an extension of the surveillance state.
Also in a banking shutdown like Greece just had, it leaves people with no choice but to beg the controllers of the banking and transaction networks to throw the switch back on, at any cost.
CV, the previous finance minister Cullen,was very hot on a cashless society,just shows you where his community lies, (that’s for those out there pumping his credentials) .
I am as well but I hold that all the transactions need to be done on a government server/network and not on private bank servers so that the banks don’t get to prey on the people for using their money.
even if the government is as democratically elected as the one in Russia, China, Zimbabwe, or Saudi Arabia/Iran/Iraq etc to name just a few?
No the reason people like cash is that it is almost untracable, and that most of us are able to trace their purchases with simple book keeping methods.
I would not trust the banks, nor any government with the access to ‘my’ money.
the 00 on your bank account have no value, the little bit of paper cash in the shoebox under the hotwater cupboard on the other hand has.
Actually, if the little bit of paper has value then it’s broken as cash.
Governments can ban/make obsolete any means of exchange they want. Black markets can look for other means of exchange, including cigarettes or stable currencies like USD or RMB, but in general you might equally find that cash in the shoebox useless as a means of exchange. If banning doesn’t work, refusing to honour it as legal tender and no longer integrating it into the digital economy, or even printing gazillions of it to devalue it to a point approaching zero, would seriously damage it as a means of exchange. Weimar Republic, for example.
Scrip (sometimes called chit) is a term for any substitute for legal tender and is often a form of credit. Scrips were created as company payment of employees under the truck system and also as a means of local commerce in times where regular currency is unavailable, such as remote coal towns, military bases, ships on long voyages, or occupied countries in war time. Besides company scrip, other forms of scrip include land scrip, vouchers, token coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards.
Scrips have gained historical importance and become a subject of study in numismatics and exonumia due to their wide variety and recurring use. Scrip behaves similarly to a currency, and as such can be used to study monetary economics.
https://en.wikipedia.org/wiki/Scrip
————————————————————————————————
I honestly would not want my finances at the whim of a government or a bank. In both cases we would be fucked and not in a good way. Greece, no amount of money in the bank without access is gonna pay yer rent or food.
The only way we are going cashless is if we abolish the system of money altogether and live in a Utoptia, where everyone is housed, clothed and fed the same. A Utopia where no one is rich nor poor, where all work to provide the things to live, i.e. housing, food and clothes. But thats not gonna work.
The main reasons government cash is the almost universal means of exchange within a country are the government guarantee (which historically has proved much more reliable than private enterprise guarantees) and the fact that only the government can require people by law to accept that currency as face-value means of exchange (“legal tender”).
The funny thing about scrip is that the issuer can stop honouring them, or change the value of them, and many are linked to the government currency anyway and as such are more a loan than a scrip (e.g. the balance on my bus card). The reason companies issue scrip or tokens is simply to lock the consumer into purchasing from that supplier – e.g. my coffee card.
No it wouldn’t.There was a reason why such were made illegal and national currency brought in – it’s because the private creators of money always create too much which they can’t actually back. Private creation of money inevitably leads to financial and economic collapse.
I honestly would not want my finances at the whim of a government or a bank.
And what else do you think will happen if the use of scrip would be allowed?
A Utopia where no one is rich nor poor, where all work to provide the things to live, i.e. housing, food and clothes. But thats not gonna work.
This is despite the fact that that is how the economy works anyway. The real problem is that we have rich people.
Answer me this: What good is your money (literally virtual money), if you can’t access it, if you can’t use your bank card, or if your access is blocked by a government?
I can see quite a few people barter, trade or institute on a community level something to replace all that virtual money if access is not guaranteed or made hard.
I think they call it the black economy, or the under the table economy etc.
If you can’t access your money it is no good.
The same as when banks locked their doors if there was a run on the bank in the pre-electronic days.
But the only intrinsic characteristic of money is that it is virtual, whether it’s numbers on a screen or numbers on a bit of paper.
I recall reading an article in the 1990s that described the job of an Eastern European factory manager – the economy was in the toilet, so this person’s job involved creating massive networks of barter deals in order to either pay the workers in food or useful goods rather than the toilet paper that was the national currency at the time.
A friend of mine recently brought out some family heirlooms – marks from the early 1920s. As the denominations accrued loads of zeros, the size got smaller and the quality rougher. The value of the currency wasn’t the digits, it was what you could exchange for those digits.
I think its inevitable so I would like think people in position s that could have some input into it are doing every thing possible to protect the public.
the finance sector kings and the surveillance industry kings are the ones who are making all the decisions on any such transition to a “cashless society.”
their concern for the “little person” is not notable; their concern for profit and for knowing everything about your life, while you know nothing about what they are doing, is however.
i would not be surprised if/when the ‘cashless’ society comes, that people will use script.
It has been done before, the best currency my Nana had in the after war years in Germany were cigarettes.
German ones had a bit of value, American ones like Lucky Strike could buy you heeps of stuff, Russian ciggies rolled in the pravda ….not so much buying power.
No, like the cash less office, i don’t think we are going to have a cash less society.
National’s dags being rattled by Parker on National Radio this morning.
Hope it wipes smirk off Key’s face, watching Key blatantly distract the country by accusing King And Goff of undermining Little was sickening.
Blinglish saying adjustments about Dairy industry job losses bankruptcies firesale prices for Dairy farms to be snapped up by cashed up countries with long-term agendas.
Thanks freedom. I wonder what will happen next. National Radio seems to take the lead so Mr English’s warning that National Radio is a dinosaur must send a warning.
Seems evident that the Government is happy and confident to lie with impunity regardless of contrary evidence.
Not that many years ago, an interview that held revelations involving Government Ministers’ auditioning for the role of TwoFace would have had the Ministers involved looking for new employment by the time their cars arrived to collect them from the studios. Because that’s where they were, in the studio, metaphorically at least. But Ministers barely front up for interviews anymore, unless they have a policy they want to sell, or know of a bus due any minute and who they think should be under it.
Yes, that’s an exaggeration but let’s be real here, nothing is going to happen. The MSM are showing how compliant they have become. They are lost to us. Thankfully much of the public have taken their voices on-line and are building their own fledging networks of contemporary news and analyses. Not a perfect system but imagine the MSM without the public discourse we have built amongst ourselves over the past decade or so. Having blogs & social media to parry through the melee might be a senseless struggle to some and a waste of resources to others but it does keep the battle going. Even pacifists like me understand to win a war you must stay in the fight.
Given the duplicity’s wide reaching implications for our democracy, there are plenty of unspoken questions about what else lies beneath the surface of this [and other] Government/s. But those questions are left to fade on the Editor’s to do list. Instead the Editors get their staff to scramble over each other, scratching and tearing at all the shiny things worn by all the shiny people.
At times like this there are few more rational responses than anger. The public anger that such facts should generate is so stage managed that many people are unsure what they are meant to be focusing their anger on, but they do know they are angry about something.
The Opposition, stymied by the media’s complicity, is left to struggle against a Speaker who was apparently instrumental in the co-ordination of the circumstances being discussed. Circumstances he has openly assisted the Government in avoiding as he sits as Speaker. When the opposition rise to their feet next week, and hopefully deliver carefully co-ordinated single part questions, they know full well what they will be facing. The Speaker will simply shut down any debate on the topic faster than he closed the door on ‘matters before the court’ that actually weren’t.
The PM could be asked directly about the blatantly two-faced actions taken by his Minister/s and if, by some miracle, he doesn’t launch into ‘Labour did it! Labour did it! Labour did it!’ we’ll get a shrug, a ‘you know’ then [the now tired] sneer followed by his latest version of ‘there’s always another person with a different interpretation of events’ before he wraps up by attacking another Party’s policies or making some lame joke whilst ignoring the lacklustre demands from the Speaker for him to be seated.
Yeah I guess you could say I’m less than thrilled about our prospects as a modern democratic state.
Homegrown (not in the NZ sense) is a promenade play about the radicalisation of young people living in Britain. The idea and the performance sounds great, but it will not be performed.
The National Youth Theatre (NYT) production was closed down last Thursday, with the creators saying they were given no prior warning. Director Nadia Latif and playwright Omar El-Khairy believe the production was cancelled due to external pressures, claiming both local authorities and police got involved during the development of the play.
This was about having an intelligent conversation around an issue with hysteria attached, and voices have been silenced
Nadia Latif, director
The play, which had a cast of 112 people aged between 15 and 25 – mostly from ethnic minorities – was originally due to take place in a school in Tower Hamlets, less than a mile from the Bethnal Green academy attended by Shamima Begum, Kadiza Sultana and Amira Abase, the schoolgirls believed to have travelled to Syria in February.
Latif and El-Khairy had developed the play through workshops with the young actors, looking at the emotive issues of jihadi brides and attitudes towards Islam in the UK. Instead of being performed on stage to an audience, it was to be an immersive, promenade production, where the audiences could walk through the school corridors, witnessing conversations and different dramatic moments between the cast.
Theatre is a great way to get people discussing and talking, and they are missing an opportunity here.
Not to mention the involvement of 112 local young people, who discover (once again) that their voices are silent.
How heartening would it be if we could threaten companies such as Miller Argent with the “costs” of their externalities, instead of reading again about their threats to local peoples and governments to act as they see fit.
In June, councillors on Caerphilly county borough council’s planning committee unanimously rejected a recommendation by their planning officers to allow Miller Argent to exploit 6m tonnes of coal at Nant Llesg, near Rhymney, but deferred a final decision until Wednesday.
The company’s application has prompted rallies and a petition by 7,000 people against the mine.
Miller Argent has written to councillors warning them that it intends to recover all the costs it has incurred so far in its application, as well as the costs of any appeal it might make should councillors refuse its application. It is understood that these costs could amount to more than £100,000.
“We reiterate that in the event of a refusal and appeal, the substantial costs would be in no one’s interest,” the letter says. “Your officers have highlighted the potential for a substantial award of costs against the council. Miller Argent would seek to recover costs from the council.”
The Guardian’s expert on obfuscation by bureaucratese and acronym, Steven Poole, recently argued that TTIP could be a conspiracy to pull some very thick wool over our eyes. We live in an age when we’re so accustomed to being entertained that we haven’t the temperament to do the difficult work of penetrating the wool of boring. So we’re going to take that wool, roll it into a ball and leave it for the cat to play with. No, don’t look at the cat. Look at me. Focus.
And how come he can be part of it when we are not privy to the TPP?
“Fonterra chairman John Wilson’s verbal sharp-shooting skills were put to good effect at the Trans Pacific Partnership (TPP) ministerial negotiations in Maui.” http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=11491984 (Fran O’Sullivan.)
Anybody hearing about the Turks bombing Kurdish anti-ISIS positions and the US bombing Syria to create an ISIS free safe zone? Neh, I didn’t think so! I mean why keep us posted on an area where NZ soldiers are involved in another war crime of apocalyptic proportions?
This excerpt from the Leaked TPP IP chapter would appear to be affecting Māori sovereignty.
Article QQ.E.23[95]: {Traditional Knowledge, Traditional Cultural Expressions and Genetic
Resources}
[PE/NZ/VN/BN/MX/SG/CL/MY propose[96]: 1. The parties recognise the importance and contribution
of traditional knowledge, traditional cultural expressions, and biological diversity to cultural, economic
and social development.]
[[97]PE/MY/MXBN propose; NZ/AU/SG/CL oppose: 2. Each Party exercises sovereignty over their
biological [MY/BN oppose: diversity] [MY/BN propose: resources] and shall determine the access
conditions to their genetic resources and their derivatives in accordance to their domestic legislation.] http://keionline.org/sites/default/files/Section-E-PatentsUndisclosed-Data-TK-TTP-IP-Text-11May2015.pdf
Don’t forget to PROTEST AGAINST TPPA – our government is very keen to sign our sovereignty away. Just because they didn’t do it last week – they seem confident that they will next time so show the government the people mean business!
Here are the details
Hokianga
15 August protest, 11am at Kohukohu Village Green.
Whangarei
15 August protest, 11am at the Town Basin.
Auckland
15 August protest, 1pm at Aotea Square to march down Queen Street, featuring speakers and music.
Hamilton
15 August protest, Meet @ 1pm outside Cock and Bull carpark on corner of Church and Maui.
Tauranga
8 August, 10 am @ Red Square (Downtown Tauranga) for ‘Chalk n talk’.
9 August, Johns Key’s birthday bash with live music and Cake Signing the giant card.
10 August at lunch time, Banner making in Red Square.
12 August, Nag banner from cambridge rd over bridge.
13 August, signs on the road side
14th August – public meeting
15 August protest at 1pm, Red Square.
Gisborne
15 August protest, details to come.
Napier/Hastings
15 August protest, 1pm, location to be announced.
Wanganui
8 August protest, 1pm, march from Silver Ball in the market to Majestic Square.
New Plymouth
Protest planned, details to come
Palmerston North
(Before Action Week) – At 7pm on July 29th Palmerston North City Library is hosting a panel discussion on the TPPA, featuring Assoc Prof Jeff Sluka, Dr Deborak Russell and Dr Shamin Shukur (compere: Assoc Prof Bill Fish).
Art and photo exhibition planned with accompanying information, concert and talks
8 August Rally and concert, 1pm – 3:30pm in the Square in the quadrant opposite The Plaza. Keynote speech from Barry Coates, including Dr Romauld Rudzki, Dr Deborah Russell, Dr Jeff Sluka and Cr Lew Findlay, and local musicians.
14 August will be a concert in the library at 5pm, then documentary maker and investigative journalist Bryan Bruce will speak at 6pm on Poverty, Inequality & the TPPA.
Many committed P North activists will also be heading to Wellington on 15 August.
Wellington
7-13 August – The People Speak #STOPTPPA. NZ Photo exhibition (10am-5pm)
12 August – Lunchtime rally outside Parliament with politicians and speakers.
15 August – TPPA Walk Away! Protest action to stop the TPPA. Assemble at Midland Park and march to Parliament for speakers and music. More details to come.
Nelson
15 August protest at 11:00am, top of Trafalgar St – 1903 Square.
Christchurch
10 August political debate at 6pm, Canterbury Horticultural Society (57 Riccarton Avenue), featuring David Parker, Russell Norman, Fletcher Tabuteau and Marama Fox.
12 August film screening of ‘Inequality for All” by economist Robert Reich, 6pm at The Auricle (35 New Regent Street).
14 August New Economics Seminar and Expo, 7pm at Horticultural Hall.
15 August protest at 12:30pm. Location: South Hagley Park (corner Deans Ave and Riccarton Rd) marching down Riccarton Rd.
Timaru
15 August protest planned, details to come.
Dunedin
15 August protest at 1pm, marching from the Dental School to the Octagon.
Draco T Bastard:
So, you have no answer to the point that your preferred option has been tried before and failed.
Gotcha.
————————————————————————————————————————-
your answer to my question here
Answer me this: What good is your money (literally virtual money), if you can’t access it, if you can’t use your bank card, or if your access is blocked by a government?
I can see quite a few people barter, trade or institute on a community level something to replace all that virtual money if access is not guaranteed or made hard.
I think they call it the black economy, or the under the table economy etc.
————————————————————————————————————————
ok, so I have linked to a Wiki Page that explains the use of scrip / chits throught the history of banking.
I have mentioned bartering, trading, or exchanging goods at an agreed value,
I have raised my reasons as to why i am not deluded into thinking that a benevolent government would run our cashless society that you advocate (i still would love the Start Trek years, but alas i will only live the years of the war leading up to the Vulcan arriving and providing humanity with Warp Speed).
I have mentioned cigarettes as currency as used in the after war years of Germany, my mother has good memories of picking up buds, taking them home, cleaning them, re-rolling the cleaned tobacco and then using it on the black market as currency before the great new introduction of the Deutsch Mark.
And you are saying that my preferred option has not been successfully tried before? Really? I mean Really?
So I am sorry, but there are more examples of humanity using what ever they can as currency, in abscence of anything better.
And if your cashless society comes true, i bet you a hundered chits that there will be immediately a different cash form available for those that don’t want to use the government sanctioned, controlled and government depended ‘credit/debit’ cards.
You need to prove that your idea is better, and at the moment i see you failing.
The current advantage of cash over electronics isn’t trust so much as the convenience of universality – almost everyone can take cash, not everyone can take cards as that involves a cost outlay. When that advantage no longer exists, cash will slowly be phased out.
There is a hybrid option that might persist as a transitional step if manufacturing costs approach negligible: individual tokens like debit cards that have a display of their remaining balance. They can be physically exchanged, or debited (transferring between tokens would be more difficult and would require each token to be networked, although thinking about it one could organise some sort of exchange protocol that involves the token uploading and confirmation of transaction histories at merchant terminals).
That sort of thing was in the 1980s series Max Headroom, for the scifi folks out there 🙂
And you are saying that my preferred option has not been successfully tried before?
It’s been tried and failed and linked to some information on it. There’s more around on the same site if you look.
Sure, the laws that got put in place empowered the private banks which is why we need to change the laws and make it so that only the government an create money.
Hell, we technically already have your system in that the private banks create money every time a loan is made and is failing miserably.
And if your cashless society comes true, i bet you a hundered chits that there will be immediately a different cash form available for those that don’t want to use the government sanctioned, controlled and government depended ‘credit/debit’ cards.
Probably because we’ve been taught that government is bad and that stealing from them is good. Of course, stealing from the government is stealing from yourself and so you’re actually worse off.
You need to prove that your idea is better, and at the moment i see you failing.
You’re being wilfully blind.
Advantages:
1. It’s cheaper as it uses less resources
2. It’s more secure – can’t be stolen
3. Makes it easier to determine taxes
4. Makes it easier to find crime
Disadvantages:
1. It may go offline occasionally
2. Everyone will need a cellphone
“KUALA LUMPUR, Malaysia (AP) — Southeast Asian nations want China to stop land reclamation in the disputed South China Sea, a regional official said Tuesday, but China insisted it has a right to continue the activity.
Le Luong Minh, secretary-general of the 10-member Association of Southeast Asian Nations, said ASEAN foreign ministers expressed concerns in a meeting Tuesday over massive Chinese island-building activities that have escalated tensions in the area…
China says it’s all their territory, a load of other nations disagree. It was in this area that Chinese and US aircraft collided in 2001. Lol, and it was the macguffin for a James Bond movie, I think The world is not enough.
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John Campbell’s Under His Command, a five-part TVNZ+ investigation series starting today, rips the veil off Destiny Church, exposing the rot festering under Brian Tamaki’s self-proclaimed apostolic throne. This isn’t just a church; it’s a fiefdom, built on fear, manipulation, and a trail of scandals that make your stomach churn. ...
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This is a re-post from Yale Climate Connections by Pearl Marvell(Photo credit: Pearl Marvell. Image credit: Samantha Harrington. Dollar bill vector image: by pch.vector on Freepik) Igrew up knowing that when you had extra money, you put it under a bed, stashed it in a book or a clock, or, ...
The political petrified piece of wood, Winston Peters, who refuses to retire gracefully, has had an eventful couple of weeks peddling transphobia, pushing bigoted policies, undertaking his unrelenting war on wokeness and slinging vile accusations like calling Green co-leader Chlöe Swarbrick a “groomer”.At 80, the hypocritical NZ First leader’s latest ...
It's raining in Cockermouth and we're following our host up the stairs. We’re telling her it’s a lovely building and she’s explaining that it used to be a pub and a nightclub and a backpackers, but no more.There were floods in 2009 and 2015 along the main street, huge floods, ...
A recurring aspect of the Trump tariff coverage is that it normalises – or even sanctifies – a status quo that in many respects has been a disaster for working class families. No doubt, Donald Trump is an uncertainty machine that is tanking the stock market and the growth prospects ...
The National Party’s Minister of Police, Corrections, and Ethnic Communities (irony alert) has stumbled into yet another racist quagmire, proving that when it comes to bigotry, the right wing’s playbook is as predictable as it is vile. This time, Mitchell’s office reposted an Instagram reel falsely claiming that Te Pāti ...
In the week of Australia’s 3 May election, ASPI will release Agenda for Change 2025: preparedness and resilience in an uncertain world, a report promoting public debate and understanding on issues of strategic importance to ...
In a world crying out for empathy, J.K. Rowling has once again proven she’s more interested in stoking division than building bridges. The once-beloved author of Harry Potter has cemented her place as this week’s Arsehole of the Week, a title earned through her relentless, tone-deaf crusade against transgender rights. ...
Health security is often seen as a peripheral security domain, and as a problem that is difficult to address. These perceptions weaken our capacity to respond to borderless threats. With the wind back of Covid-19 ...
Would our political parties pass muster under the Fair Trading Act?WHAT IF OUR POLITICAL PARTIES were subject to the Fair Trading Act? What if they, like the nation’s businesses, were prohibited from misleading their consumers – i.e. the voters – about the nature, characteristics, suitability, or quantity of the products ...
Rod EmmersonThank you to my subscribers and readers - you make it all possible. Tui.Subscribe nowSix updates today from around the world and locally here in Aoteaora New Zealand -1. RFK Jnr’s Autism CrusadeAmerica plans to create a registry of people with autism in the United States. RFK Jr’s department ...
We see it often enough. A democracy deals with an authoritarian state, and those who oppose concessions cite the lesson of Munich 1938: make none to dictators; take a firm stand. And so we hear ...
370 perioperative nurses working at Auckland City Hospital, Starship Hospital and Greenlane Clinical Centre will strike for two hours on 1 May – the same day senior doctors are striking. This is part of nationwide events to mark May Day on 1 May, including rallies outside public hospitals, organised by ...
Character protections for Auckland’s villas have stymied past development. Now moves afoot to strip character protection from a bunch of inner-city villas. Photo: Lynn Grieveson / The KākāLong stories shortest from our political economy on Wednesday, April 23:Special Character Areas designed to protect villas are stopping 20,000 sites near Auckland’s ...
Artificial intelligence is poised to significantly transform the Indo-Pacific maritime security landscape. It offers unprecedented situational awareness, decision-making speed and operational flexibility. But without clear rules, shared norms and mechanisms for risk reduction, AI could ...
For what is a man, what has he got?If not himself, then he has naughtTo say the things he truly feelsAnd not the words of one who kneelsThe record showsI took the blowsAnd did it my wayLyrics: Paul Anka.Morena folks, before we discuss Winston’s latest salvo in NZ First’s War ...
Britain once risked a reputation as the weak link in the trilateral AUKUS partnership. But now the appointment of an empowered senior official to drive the project forward and a new burst of British parliamentary ...
Australia’s ability to produce basic metals, including copper, lead, zinc, nickel and construction steel, is in jeopardy, with ageing plants struggling against Chinese competition. The multinational commodities company Trafigura has put its Australian operations under ...
There have been recent PPP debacles, both in New Zealand (think Transmission Gully) and globally, with numerous examples across both Australia and Britain of failed projects and extensive litigation by government agencies seeking redress for the failures.Rob Campbell is one of New Zealand’s sharpest critics of PPPs noting that; "There ...
On Twitter on Saturday I indicated that there had been a mistake in my post from last Thursday in which I attempted to step through the Reserve Bank Funding Agreement issues. Making mistakes (there are two) is annoying and I don’t fully understand how I did it (probably too much ...
Indonesia’s armed forces still have a lot of work to do in making proper use of drones. Two major challenges are pilot training and achieving interoperability between the services. Another is overcoming a predilection for ...
The StrategistBy Sandy Juda Pratama, Curie Maharani and Gautama Adi Kusuma
As a living breathing human being, you’ve likely seen the heart-wrenching images from Gaza...homes reduced to rubble, children burnt to cinders, families displaced, and a death toll that’s beyond comprehension. What is going on in Gaza is most definitely a genocide, the suffering is real, and it’s easy to feel ...
Donald Trump, who has called the Chair of the Federal Reserve “a major loser”. Photo: Getty ImagesLong stories shortest from our political economy on Tuesday, April 22:US markets slump after Donald Trump threatens the Fed’s independence. China warns its trading partners not to side with the US. Trump says some ...
Last night, the news came through that Pope Francis had passed away at 7:35 am in Rome on Monday, the 21st of April, following a reported stroke and heart failure. Pope Francis. Photo: AP.Despite his obvious ill health, it still came as a shock, following so soon after the Easter ...
The 2024 Independent Intelligence Review found the NIC to be highly capable and performing well. So, it is not a surprise that most of the 67 recommendations are incremental adjustments and small but nevertheless important ...
This is a re-post from The Climate BrinkThe world has made real progress toward tacking climate change in recent years, with spending on clean energy technologies skyrocketing from hundreds of billions to trillions of dollars globally over the past decade, and global CO2 emissions plateauing.This has contributed to a reassessment of ...
Hi,I’ve been having a peaceful month of what I’d call “existential dread”, even more aware than usual that — at some point — this all ends.It was very specifically triggered by watching Pantheon, an animated sci-fi show that I’m filing away with all-time greats like Six Feet Under, Watchmen and ...
Once the formalities of honouring the late Pope wrap up in two to three weeks time, the conclave of Cardinals will go into seclusion. Some 253 of the current College of Cardinals can take part in the debate over choosing the next Pope, but only 138 of them are below ...
The National Party government is doubling down on a grim, regressive vision for the future: more prisons, more prisoners, and a society fractured by policies that punish rather than heal. This isn’t just a misstep; it’s a deliberate lurch toward a dystopian future where incarceration is the answer to every ...
The audacity of Don Brash never ceases to amaze. The former National Party and Hobson’s Pledge mouthpiece has now sunk his claws into NZME, the media giant behind the New Zealand Herald and half of our commercial radio stations. Don Brash has snapped up shares in NZME, aligning himself with ...
A listing of 28 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 13, 2025 thru Sat, April 19, 2025. This week's roundup is again published by category and sorted by number of articles included in each. The formatting is a ...
“What I’d say to you is…” our Prime Minister might typically begin a sentence, when he’s about to obfuscate and attempt to derail the question you really, really want him to answer properly (even once would be okay, Christopher). Questions such as “Why is a literal election promise over ...
Ruth IrwinExponential Economic growth is the driver of Ecological degradation. It is driven by CO2 greenhouse gas emissions through fossil fuel extraction and burning for the plethora of polluting industries. Extreme weather disasters and Climate change will continue to get worse because governments subscribe to the current global economic system, ...
A man on telly tries to tell me what is realBut it's alright, I like the way that feelsAnd everybody singsWe are evolving from night to morningAnd I wanna believe in somethingWriter: Adam Duritz.The world is changing rapidly, over the last year or so, it has been out with the ...
MFB Co-Founder Cecilia Robinson runs Tend HealthcareSummary:Kieran McAnulty calls out National on healthcare lies and says Health Minister Simeon Brown is “dishonest and disingenuous”(video below)McAnulty says negotiation with doctors is standard practice, but this level of disrespect is not, especially when we need and want our valued doctors.National’s $20bn ...
Chris Luxon’s tenure as New Zealand’s Prime Minister has been a masterclass in incompetence, marked by coalition chaos, economic lethargy, verbal gaffes, and a moral compass that seems to point wherever political expediency lies. The former Air New Zealand CEO (how could we forget?) was sold as a steady hand, ...
Has anybody else noticed Cameron Slater still obsessing over Jacinda Ardern? The disgraced Whale Oil blogger seems to have made it his life’s mission to shadow the former Prime Minister of New Zealand like some unhinged stalker lurking in the digital bushes.The man’s obsession with Ardern isn't just unhealthy...it’s downright ...
Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. You can submit claims you think need checking via the tipline. Is climate change a net benefit for society? Human-caused climate change has been a net detriment to society as measured by loss of ...
When the National Party hastily announced its “Local Water Done Well” policy, they touted it as the great saviour of New Zealand’s crumbling water infrastructure. But as time goes by it's looking more and more like a planning and fiscal lame duck...and one that’s going to cost ratepayers far more ...
Donald Trump, the orange-hued oligarch, is back at it again, wielding tariffs like a mob boss swinging a lead pipe. His latest economic edict; slapping hefty tariffs on imports from China, Mexico, and Canada, has the stench of a protectionist shakedown, cooked up in the fevered minds of his sycophantic ...
In the week of Australia’s 3 May election, ASPI will release Agenda for Change 2025: preparedness and resilience in an uncertain world, a report promoting public debate and understanding on issues of strategic importance to ...
One pill makes you largerAnd one pill makes you smallAnd the ones that mother gives youDon't do anything at allGo ask AliceWhen she's ten feet tallSongwriter: Grace Wing Slick.Morena, all, and a happy Bicycle Day to you.Today is an unofficial celebration of the dawning of the psychedelic era, commemorating the ...
It’s only been a few months since the Hollywood fires tore through Los Angeles, leaving a trail of devastation, numerous deaths, over 10,000 homes reduced to rubble, and a once glorious film industry on its knees. The Palisades and Eaton fires, fueled by climate-driven dry winds, didn’t just burn houses; ...
Four eighty-year-old books which are still vitally relevant today. Between 1942 and 1945, four refugees from Vienna each published a ground-breaking – seminal – book.* They left their country after Austria was taken over by fascists in 1934 and by Nazi Germany in 1938. Previously they had lived in ‘Red ...
Good Friday, 18th April, 2025: I can at last unveil the Secret Non-Fiction Project. The first complete Latin-to-English translation of Giovanni Pico della Mirandola’s twelve-book Disputationes adversus astrologiam divinatricem (Disputations Against Divinatory Astrology). Amounting to some 174,000 words, total. Some context is probably in order. Giovanni Pico della Mirandola (1463-1494) ...
National MP Hamish Campbell's pathetic attempt to downplay his deep ties to and involvement in the Two by Twos...a secretive religious sect under FBI and NZ Police investigation for child sexual abuse...isn’t just a misstep; it’s a calculated lie that insults the intelligence of every Kiwi voter.Campbell’s claim of being ...
New Zealand First’s Shane Jones has long styled himself as the “Prince of the Provinces,” a champion of regional development and economic growth. But beneath the bluster lies a troubling pattern of behaviour that reeks of cronyism and corruption, undermining the very democracy he claims to serve. Recent revelations and ...
Give me one reason to stay hereAnd I'll turn right back aroundGive me one reason to stay hereAnd I'll turn right back aroundSaid I don't want to leave you lonelyYou got to make me change my mindSongwriters: Tracy Chapman.Morena, and Happy Easter, whether that means to you. Hot cross buns, ...
New Zealand’s housing crisis is a sad indictment on the failures of right wing neoliberalism, and the National Party, under Chris Luxon’s shaky leadership, is trying to simply ignore it. The numbers don’t lie: Census data from 2023 revealed 112,496 Kiwis were severely housing deprived...couch-surfing, car-sleeping, or roughing it on ...
The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts & talking about the week’s news with regular and special guests, including: on a global survey of over 3,000 economists and scientists showing a significant divide in views on green growth; and ...
Simeon Brown, the National Party’s poster child for hubris, consistently over-promises and under-delivers. His track record...marked by policy flip-flops and a dismissive attitude toward expert advice, reveals a politician driven by personal ambition rather than evidence. From transport to health, Brown’s focus seems fixed on protecting National's image, not addressing ...
Open access notables Recent intensified riverine CO2 emission across the Northern Hemisphere permafrost region, Mu et al., Nature Communications:Global warming causes permafrost thawing, transferring large amounts of soil carbon into rivers, which inevitably accelerates riverine CO2 release. However, temporally and spatially explicit variations of riverine CO2 emissions remain unclear, limiting the ...
Once a venomous thorn in New Zealand’s blogosphere, Cathy Odgers, aka Cactus Kate, has slunk into the shadows, her once-sharp quills dulled by the fallout of Dirty Politics.The dishonest attack-blogger, alongside her vile accomplices such as Cameron Slater, were key players in the National Party’s sordid smear campaigns, exposed by Nicky ...
Once upon a time, not so long ago, those who talked of Australian sovereign capability, especially in the technology sector, were generally considered an amusing group of eccentrics. After all, technology ecosystems are global and ...
The ACT Party leader’s latest pet project is bleeding taxpayers dry, with $10 million funneled into seven charter schools for just 215 students. That’s a jaw-dropping $46,500 per student, compared to roughly $9,000 per head in state schools.You’d think Seymour would’ve learned from the last charter school fiasco, but apparently, ...
Te Pāti Māori are appalled by Cabinet's decision to agree to 15 recommendations to the Early Childhood Education (ECE) sector following the regulatory review by the Ministry of Regulation. We emphasise the need to prioritise tamariki Māori in Early Childhood Education, conducted by education experts- not economists. “Our mokopuna deserve ...
The Government must support Northland hapū who have resorted to rakes and buckets to try to control a devastating invasive seaweed that threatens the local economy and environment. ...
New Zealand First has today introduced a Member’s Bill that would ensure the biological definition of a woman and man are defined in law. “This is not about being anti-anyone or anti-anything. This is about ensuring we as a country focus on the facts of biology and protect the ...
After stonewalling requests for information on boot camps, the Government has now offered up a blog post right before Easter weekend rather than provide clarity on the pilot. ...
More people could be harmed if Minister for Mental Health Matt Doocey does not guarantee to protect patients and workers as the Police withdraw from supporting mental health call outs. ...
The Green Party recognises the extension of visa allowances for our Pacific whānau as a step in the right direction but continues to call for a Pacific Visa Waiver. ...
The Government yesterday released its annual child poverty statistics, and by its own admission, more tamariki across Aotearoa are now living in material hardship. ...
Today, Te Pāti Māori join the motu in celebration as the Treaty Principles Bill is voted down at its second reading. “From the beginning, this Bill was never welcome in this House,” said Te Pāti Māori Co-Leader, Rawiri Waititi. “Our response to the first reading was one of protest: protesting ...
The Green Party is proud to have voted down the Coalition Government’s Treaty Principles Bill, an archaic piece of legislation that sought to attack the nation’s founding agreement. ...
A Member’s Bill in the name of Green Party MP Julie Anne Genter which aims to stop coal mining, the Crown Minerals (Prohibition of Mining) Amendment Bill, has been pulled from Parliament’s ‘biscuit tin’ today. ...
Labour MP Kieran McAnulty’s Members Bill to make the law simpler and fairer for businesses operating on Easter, Anzac and Christmas Days has passed its first reading after a conscience vote in Parliament. ...
Nicola Willis continues to sit on her hands amid a global economic crisis, leaving the Reserve Bank to act for New Zealanders who are worried about their jobs, mortgages, and KiwiSaver. ...
Source: The Conversation (Au and NZ) – By Taneshka Kruger, UP ISMC: Project Manager and Coordinator, University of Pretoria Healthcare in Africa faces a perfect storm: high rates of infectious diseases like malaria and HIV, a rise in non-communicable diseases, and dwindling foreign aid. In 2021, nearly half of ...
Australia and New Zealand join forces once more to bring you the best films and TV shows to watch this weekend. This Anzac Day, our free-to-air TV channels will screen a variety of commemorative coverage. At 11am, TVNZ1 has live coverage of the Anzac Day National Commemorative Service in Wellington. ...
Our laws are leaving many veterans who served after 1974 out in the cold. I know, because I’m one of them.This Sunday Essay was made possible thanks to the support of Creative New Zealand.First published in 2024.As I write this story, I am in constant pain. My hands ...
An MP fighting for anti-trafficking legislation says it is hard for prosecutors to take cases to court - but he is hopeful his bill will turn the tide. ...
NONFICTION1 No Words for This by Ali Mau (HarperCollins, $39.99)2 Everyday Comfort Food by Vanya Insull (Allen & Unwin, $39.99)3 Three Wee Bookshops at the End of the World by Ruth Shaw (Allen & Unwin, $39.99)
This Anzac Day marks 110 years since the Gallipoli landings by soldiers in the Australian and New Zealand Army Corps - the ANZACS. It signalled the beginning of a campaign that was to take the lives of so many of our young men - and would devastate the ...
The violent deportation of migrants is not new, and New Zealand forces had a hand in such a regime after World War II, writes historian Scott Hamilton. The world is watching the new Trump government wage a war against migrants it deems illegal. Immigration and Customs Enforcement (ICE) officials and ...
While Anzac Day has experienced a resurgence in recent years, our other day of remembrance has slowly faded from view.This Sunday Essay was made possible thanks to the support of Creative New Zealand. Original illustrations by Hope McConnell.First published in 2022.The high school’s head girl and ...
A new poem by Aperahama Hurihanganui, about the name of Aperahama and Abby Hauraki’s three-year-old son, Te Hono ki Īhipa (which translates to ‘The Connection to Egypt’). Te Hono ki Īhipa what’s in a name? te hono – the connection to your tīpuna, valiant soldiers of the 28th Māori Battalion ...
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Pacific Media Watch The Fijians for Palestine Solidarity Network today condemned the Fiji government’s failure to stand up for international law and justice over the Israeli war on Gaza in their weekly Black Thursday protest. “For the past 18 months, we have made repeated requests to our government to do ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Michelle Grattan and Amanda Dunn discuss the fourth week of the 2025 election campaign. While the death of Pope Francis interrupted campaigning for a while, the leaders had another debate on Tuesday night and the ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Whatever the result on May 3, even people within the Liberals think they have run a very poor national campaign. Not just poor, but odd. Nothing makes the point more strongly than this week’s ...
The Finance Minister says the leftover funding from the unexpectedly low uptake of the FamilyBoost policy will be redistributed to families who need it. ...
Source: The Conversation (Au and NZ) – By Daniel Ghezelbash, Professor and Director, Kaldor Centre for International Refugee Law, UNSW Law & Justice, UNSW Sydney People who apply for asylum in Australia face significant delays in having their claims processed. These delays undermine the integrity of the asylum system, erode ...
Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne Every election cycle the media becomes infatuated, even if temporarily, with preference deals between parties. The 2025 election is no exception, with ...
Source: The Conversation (Au and NZ) – By Robert Hortle, Deputy Director, Tasmanian Policy Exchange, University of Tasmania For each Australian federal election, there are two different ways you get to vote. Whether you vote early, by post or on polling day on May 3, each eligible voter will be ...
Source: The Conversation (Au and NZ) – By Anna Mortimore, Lecturer, Griffith Business School, Griffith University wedmoment.stock/Shutterstock If elected, the Coalition has pledged to end Labor’s substantial tax break for new zero- or low-emissions vehicles. This, combined with an earlier promise to roll back new fuel efficiency standards, ...
Source: The Conversation (Au and NZ) – By Pi-Shen Seet, Professor of Entrepreneurship and Innovation, Edith Cowan University Once again, housing affordability is at the forefront of an Australian federal election. Both major parties have put housing policies at the centre of their respective campaigns. But there are still ...
After a nearly four year hiatus, New Zealand’s premiere popstar is back with a brand new single. It’s been a thrilling few weeks of breadcrumbing for Lorde fans, as the New Zealand popstar has been teasing her return to the zeitgeist through mysterious silver duct tape on her shoes, rainbow ...
Source: The Conversation (Au and NZ) – By Richard Meade, Adjunct Associate Professor, Centre for Applied Energy Economics and Policy Research, Griffith University Daria Nipot/Shutterstock With ongoing cost of living pressures, the Australian and New Zealand supermarket sectors are attracting renewed political attention on both sides of the Tasman. ...
Source: The Conversation (Au and NZ) – By Erika K. Smith, Associate Lecturer, School of Social Sciences, Western Sydney University This article contains mention of racist terms in historical context. Every Anzac Day, Australians are presented with narratives that re-inscribe particular versions of our national story. One such narrative persistently ...
“Anzac Day is portrayed as a day where the country can reflect on the horrors of war, the costs in human lives and commit collectively to never again allowing genocidal mass murder. We have to ask, is that really happening?” said Valerie Morse, member ...
Source: The Conversation (Au and NZ) – By Jennifer Parker, Adjunct Fellow, Naval Studies at UNSW Canberra, and Expert Associate, National Security College, Australian National University Australian strategic thinking has long struggled to move beyond a narrow view of defence that focuses solely on protecting our shores. However, in today’s ...
Source: The Conversation (Au and NZ) – By T.J. Thomson, Senior Lecturer in Visual Communication & Digital Media, RMIT University As Australia begins voting in the federal election, we’re awash with political messages. While this of course includes the typical paid ads in newspapers and on TV (those ones ...
Source: The Conversation (Au and NZ) – By Natalie Peng, Lecturer in Accounting, The University of Queensland Shutterstock For Australians approaching retirement, recent market volatility may feel like more than just a bump in the road. Unlike younger investors, who have time on their side, retirees don’t have ...
Source: The Conversation (Au and NZ) – By Judith Brett, Emeritus Professor of Politics, La Trobe University Beatrice Faust is best remembered as the founder, early in 1972, of the Women’s Electoral Lobby (WEL). Women’s Liberation was already well under way. Betty Friedan had published The Feminine Mystique in 1962, ...
The Spinoff’s top picks of events from around the motu. Wow lucky us, it’s time to kiss the wheelie office chairs goodbye and begin another(!) long weekend. As tempting as I know it is to lean into the phone addiction and do just about nothing, you should make the most ...
Source: The Conversation (Au and NZ) – By Kate Fitz-Gibbon, Professor (Practice), Faculty of Business and Economics, Monash University In the past week, at least seven women have been killed in Australia, allegedly by men. These deaths have occurred in different contexts – across state borders, communities and relationships. But ...
National MP and diehard Shihad fan Chris Bishop sings the praises of his favourite band’s classic 1995 album. Last week I went to my first ever Taite Music Prize ceremony, the annual bash to honour independent music in New Zealand. I’d love to say I was invited, but I wasn’t ...
Source: The Conversation (Au and NZ) – By Wayne Peake, Adjunct research fellow, School of Humanities and Communication Arts, Western Sydney University The story goes that the late billionaire Australian media magnate Kerry Packer once visited a Las Vegas casino, where a Texan was bragging about his ranch and how ...
Edward Heath coverup should signal the need for an open enquiry here as the powerful wealthy elite here have covered up as well for political gain
+100 Tricledown…and in this regard this post and some comments on the Daily Blog are of interest
….seems like some “in the know” about NZ cover ups are being heavied and attempts are being made to compromise, entrap and blackmail them ….
http://frameblame.org/personal-experiences-entrapment/
http://thedailyblog.co.nz/2015/07/19/and-then-they-came-for-rodney-hide/
Chris Hedges shows how people like Heath get away with the things they do…
http://www.truthdig.com/report/item/the_careerists_20120723
http://i.stuff.co.nz/business/farming/dairy/70835050/Fonterras-GlobalDairyTrade-auction-posts-10th-consecutive-fall
The price keeps dropping is it possible rural nz is being set up for a corporate raid??
kinda what i’ve been wondering.que mortgage sales and farms being offloaded by desperate farmers and “investors”, especially marginal farms. remember how china pushed up the price of coal, all the while stockpiling it and the subsequent crash in price when they stopped buying? now with dairy dejavu. the banks have not been particularly responsible with lending, pouring millions into dairy conversions (including in area totally unsuited like central otago) making hay while the sun shines. well the weather has turned and is about to shit all over those hapless farmers – and our economy. whose goin to buy all these farms? i wonder.
The farmers screwing the environment (and their workers) are probably being screwed by the banks (and insurance companies) themselves.
When it really comes down to it, it is the finance sector calls that calls the shots, we all just dance to their tune,
Wouldn’t surprise me to see such happen even if it hadn’t been purposeful. The rich will always find ways to take from everyone else during times of trouble.
And the finance sector are their key facilitators
Just look at the those who are now part of the Chinese banking system: Don Brash, Jenny Shipley, Ruth Richardson, Chris Tremain (this one would be absurdly funny if it was’t true).
I would not be surprised if Chinese financed corporate farming rises to prominence in the next couple of years.
its all just coincidence. nats just all happen to be more gifted than other nzers.
Yes, the main problem with the world dairy market is nobody knows what is happening in China, zero visibility. Its utterly stupid to be relying on this country for our future, that is the mistake Fonterra has made.
It makes you wonder what van der heyden knew when he made this comment.
http://www.stuff.co.nz/business/farming/dairy/8726453/Chinese-comments-taken-out-of-context
BW It’s The market init?
I don’t know but China filled its warehouses chooker full buy all accounts and are know in a position of being able to sit it out for a while while farms potentially go broke.
I am aware there’s lots of other factors pushing dairy prices down as well but was just interested to see what other comenters here thought.
The War On Cash Is Evil – Mike Maloney
https://www.youtube.com/watch?v=6GteG8jnIPc&utm
Banks stand to make a lot more money from a cashless society than they currently make.
One flaw in his talk is the assertion that it will force every one onto a credit card when its easier now to be cashless and not have a credit card than it was 10 years ago.
How do you buy online without a credit card?
Direct transaction from account to account and I believe my eftpos card can be set up as a debit card that works like a credit card but you use you’re own money.
I understand there is some consumer protection if you use either the credit or debit card as well.
It is a separate card but runs off the same account/s as your regular eftpos card
“Direct transaction from account to account”
How?
“and I believe my eftpos card can be set up as a debit card that works like a credit card but you use you’re own money.”
But also has a credit card type limit on it whereby you can go into debt? (You can also run a credit card off your own money)
Log in to your bank
set up payment to another persons account
Click ‘pay’
You only have the money in your account to pay with unless you have an overdraft available in which case there would also be credit available.
Ok, so overnight online banking. In my experience there are still enough places that won’t do that and require a credit card. I also use my credit card over the phone. Is there is a substitute for that (not sure if debit cards can be used like that)?
Debit cards can be used exactly the same way as credit cards and in the same places. The only difference is that debit cards don’t usually have credit on them and so you can only use money that you have in the bank.
Debit cards used to have problems. These days if they have a visa or mastercard, they appear to be accepted everywhere on the net.
Weka their are several different versions of cash card now even one that you transfer only the amount of the purchase so you don’t get your bank account emptied by a scam.
Does paypal accept them?
Debit cards – they’re eftpos cards that are linked into the Visa or Mastercard network and can be used in the same fashion as a credit card except they draw directly from your account. So far as I can tell, they are offered by the major banks, Kiwibank, TSB, the Cooperative Bank and most credit unions.
Go on to your bank website and search using the term “debit card” you should get the info if you’re interested. I’ve been far better at managing my money since I switched from using credit to debit.
Are you saying that a debit card by default can’t go into overdraft?
How does the bank and/or credit card company make money from it then? Is the retailer picking that up?
That’s what I’m saying. Unless you have an overdraft facility on your account.
Mine is with ANZ – I don’t have an annual fee on it because it’s linked with my everyday account. If it was linked with another account – like my savings – it would be $10 p.a. There is a currency conversion fee of 2.5% when buying in foreign currency, but lots of overseas retailers – like Amazon – charge in $NZD, so that can be avoided.
I would guess the retailer is picking up the charges for being on the network.
Thanks Ovid. I think when my bank originally offered me something like this it was tied into them offering me credit, so I said no. I generally don’t take my credit card to town, so having a credit facility on my eftpost card was always going to be a bad idea. That was some years ago though, I should check it out.
Basically from nebulous account charges and margins on overseas sales
AFAIK store owners and businesses get killed with these debit cards because the credit card company takes their 2.5% financial industry tax on every transaction.
Banks pushed customers to replace their eftpos cards with these credit card branded debit cards because they get a cut of this action.
Awful financial industry ticket clipping.
Which happens to be another reason why we have to shift from private bank financial system to a government bank owned financial system.
We should not have to pay private companies to use our money.
thanks CV. Is that worse than what credit card companies/banks do with credit cards? I’ve noticed a few places that now add a charge if purchasing with a credit card.
It’s exactly the same but the credit card also creates money when it’s used whereas the debit card usually doesn’t.
How much will the banks be allowed to charge you/ me/us for transactions on our ‘deposit’ ‘credit’ ‘eftpos’ card?
When I pay cash, i pay cash, the bank gets nothing. So in fact, ‘the cashless’ society is going to increase the cost of living by way of ‘taxing’ transactions.
its just that you don’t physically have to pull out a note of your wallet.
this is an interesting read on the cashless society that are the US American Citizens that receive SNAP and or other benefits.
http://prospect.org/article/how-big-banks-are-cashing-food-stamps
the banks are making a killing.
Exactly – but its small business owners who bare the brunt of this financial leachery, as they end up paying % merchant fees to the credit card companies. SMEs then feel pressure to take more from employees and customers.
To feed the financial industry vampire.
I pay these fees every month, but i do count these fees as a ‘cost of doing business’ and i am able to write them off at the end of the year.
Bank Cards cost money, account fees, transaction fees, replacement fees for a lost card etc etc etc. This can actually eat up quite a bit of cash at the end of the year, that only benefits the card issuing bank, but add to no service to the businesses and/or community.
A cashless society run by the banks? No thank you, they are already milking us to no end, i also don’t like the idea that my every purchase is traceable via bank statements, nor do I like the idea that my data gets a. sold of to the highest bidder or to any business that the bank works with….shared data ….or that it might get stolen.
I can see the attraction aka the Startrek button that is the intercom, the bank account and we are all paid in credits. Alas, as our current government here, and various other government overseas show daily, we first have to have the total war before the Vulcan come to Earth to give us Warp Drive and a better more enlightened future.
So no, Cash is still King/Queen.
one major goal of a cashless society is to be able to track your commercial activities in real time, wherever you are.
This is an extension of the surveillance state.
Also in a banking shutdown like Greece just had, it leaves people with no choice but to beg the controllers of the banking and transaction networks to throw the switch back on, at any cost.
CV, the previous finance minister Cullen,was very hot on a cashless society,just shows you where his community lies, (that’s for those out there pumping his credentials) .
I am as well but I hold that all the transactions need to be done on a government server/network and not on private bank servers so that the banks don’t get to prey on the people for using their money.
even if the government is as democratically elected as the one in Russia, China, Zimbabwe, or Saudi Arabia/Iran/Iraq etc to name just a few?
No the reason people like cash is that it is almost untracable, and that most of us are able to trace their purchases with simple book keeping methods.
I would not trust the banks, nor any government with the access to ‘my’ money.
the 00 on your bank account have no value, the little bit of paper cash in the shoebox under the hotwater cupboard on the other hand has.
Actually, if the little bit of paper has value then it’s broken as cash.
Governments can ban/make obsolete any means of exchange they want. Black markets can look for other means of exchange, including cigarettes or stable currencies like USD or RMB, but in general you might equally find that cash in the shoebox useless as a means of exchange. If banning doesn’t work, refusing to honour it as legal tender and no longer integrating it into the digital economy, or even printing gazillions of it to devalue it to a point approaching zero, would seriously damage it as a means of exchange. Weimar Republic, for example.
and this would be the answer
Scrip (sometimes called chit) is a term for any substitute for legal tender and is often a form of credit. Scrips were created as company payment of employees under the truck system and also as a means of local commerce in times where regular currency is unavailable, such as remote coal towns, military bases, ships on long voyages, or occupied countries in war time. Besides company scrip, other forms of scrip include land scrip, vouchers, token coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards.
Scrips have gained historical importance and become a subject of study in numismatics and exonumia due to their wide variety and recurring use. Scrip behaves similarly to a currency, and as such can be used to study monetary economics.
https://en.wikipedia.org/wiki/Scrip
————————————————————————————————
I honestly would not want my finances at the whim of a government or a bank. In both cases we would be fucked and not in a good way. Greece, no amount of money in the bank without access is gonna pay yer rent or food.
The only way we are going cashless is if we abolish the system of money altogether and live in a Utoptia, where everyone is housed, clothed and fed the same. A Utopia where no one is rich nor poor, where all work to provide the things to live, i.e. housing, food and clothes. But thats not gonna work.
The main reasons government cash is the almost universal means of exchange within a country are the government guarantee (which historically has proved much more reliable than private enterprise guarantees) and the fact that only the government can require people by law to accept that currency as face-value means of exchange (“legal tender”).
The funny thing about scrip is that the issuer can stop honouring them, or change the value of them, and many are linked to the government currency anyway and as such are more a loan than a scrip (e.g. the balance on my bus card). The reason companies issue scrip or tokens is simply to lock the consumer into purchasing from that supplier – e.g. my coffee card.
No it wouldn’t.There was a reason why such were made illegal and national currency brought in – it’s because the private creators of money always create too much which they can’t actually back. Private creation of money inevitably leads to financial and economic collapse.
And what else do you think will happen if the use of scrip would be allowed?
This is despite the fact that that is how the economy works anyway. The real problem is that we have rich people.
Answer me this: What good is your money (literally virtual money), if you can’t access it, if you can’t use your bank card, or if your access is blocked by a government?
I can see quite a few people barter, trade or institute on a community level something to replace all that virtual money if access is not guaranteed or made hard.
I think they call it the black economy, or the under the table economy etc.
So, you have no answer to the point that your preferred option has been tried before and failed.
Gotcha.
If you can’t access your money it is no good.
The same as when banks locked their doors if there was a run on the bank in the pre-electronic days.
But the only intrinsic characteristic of money is that it is virtual, whether it’s numbers on a screen or numbers on a bit of paper.
I recall reading an article in the 1990s that described the job of an Eastern European factory manager – the economy was in the toilet, so this person’s job involved creating massive networks of barter deals in order to either pay the workers in food or useful goods rather than the toilet paper that was the national currency at the time.
A friend of mine recently brought out some family heirlooms – marks from the early 1920s. As the denominations accrued loads of zeros, the size got smaller and the quality rougher. The value of the currency wasn’t the digits, it was what you could exchange for those digits.
Community currencies, parallel currencies, time banks, IOUs etc.
Health insurance companies might pull up your transactions and deny you cover because ‘KFC” and “McDonalds” comes up too many times…
although gift cards like the kiwipost prezzy cards don’t need id for under $100, ISTR.
hi b waghorn, with respect, there are far more flaws for us with the proposal of a cashless society.
i dont want to hand any control to another, least of all the banksters.
I think its inevitable so I would like think people in position s that could have some input into it are doing every thing possible to protect the public.
do you mean the people like the police, gcsb, or some of those ‘leaders’ in wellington?
sorry, my friend i do not share your faith in their altruism.
the finance sector kings and the surveillance industry kings are the ones who are making all the decisions on any such transition to a “cashless society.”
their concern for the “little person” is not notable; their concern for profit and for knowing everything about your life, while you know nothing about what they are doing, is however.
i would not be surprised if/when the ‘cashless’ society comes, that people will use script.
It has been done before, the best currency my Nana had in the after war years in Germany were cigarettes.
German ones had a bit of value, American ones like Lucky Strike could buy you heeps of stuff, Russian ciggies rolled in the pravda ….not so much buying power.
No, like the cash less office, i don’t think we are going to have a cash less society.
National’s dags being rattled by Parker on National Radio this morning.
Hope it wipes smirk off Key’s face, watching Key blatantly distract the country by accusing King And Goff of undermining Little was sickening.
Blinglish saying adjustments about Dairy industry job losses bankruptcies firesale prices for Dairy farms to be snapped up by cashed up countries with long-term agendas.
And you can bet this government will let nz get sold overseas instead of letting the banks take the hit and land prices fall dramatically.
Yep… they’re cheerleading a new wave of colonisation… by corporations.
Message above was in reply to b waghorn at 5.1
Funny that there is nothing re the Saudi sheep Saga (Shagger?) online in the Herald?
Just this single piece from the National section.
http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=11491836
First up on RNZ coverage was Goff discussing the accusations from the Government
http://www.radionz.co.nz/national/programmes/morningreport/audio/201765180/goff-says-pm-being-deliberately-dishonest-over-saudi-debacle
The RNZ coverage presented some interesting information. This includes how [then] Agriculture Minister David Carter was publicly saying live sheep exports would not be re-instated, but according to the documents released, was involved in talks about re-instating live exports. (1:45)
http://www.radionz.co.nz/national/programmes/morningreport/audio/201765190/govt-planned-resume-live-sheep-exports-market-with-middle-east
I do wonder how The Speaker will handle questions on this issue in Parliament next week?
& the chat with David Parker
http://www.radionz.co.nz/national/programmes/morningreport/audio/201765191/labour-says-saudi-sheep-deal-documents-are-embarrassing
Thanks freedom. I wonder what will happen next. National Radio seems to take the lead so Mr English’s warning that National Radio is a dinosaur must send a warning.
Seems evident that the Government is happy and confident to lie with impunity regardless of contrary evidence.
English’s interview this morning does not imbue confidence. Big pauses, super soft phrasing and when asked the big Yes/No question he started explaining explaining explaining
http://www.radionz.co.nz/national/programmes/morningreport/audio/201765206/minister-of-finance,-bill-english
and we all know what it means when politicians start waffling instead of saying Yes or No
so the speaker is duplicitous at best and a liar at worst and he is the sole arbiter of MPs behaviour?
you couldnt make this up.
It’s been my experience that the truth is always stranger than fiction!
Not that many years ago, an interview that held revelations involving Government Ministers’ auditioning for the role of TwoFace would have had the Ministers involved looking for new employment by the time their cars arrived to collect them from the studios. Because that’s where they were, in the studio, metaphorically at least. But Ministers barely front up for interviews anymore, unless they have a policy they want to sell, or know of a bus due any minute and who they think should be under it.
Yes, that’s an exaggeration but let’s be real here, nothing is going to happen. The MSM are showing how compliant they have become. They are lost to us. Thankfully much of the public have taken their voices on-line and are building their own fledging networks of contemporary news and analyses. Not a perfect system but imagine the MSM without the public discourse we have built amongst ourselves over the past decade or so. Having blogs & social media to parry through the melee might be a senseless struggle to some and a waste of resources to others but it does keep the battle going. Even pacifists like me understand to win a war you must stay in the fight.
Given the duplicity’s wide reaching implications for our democracy, there are plenty of unspoken questions about what else lies beneath the surface of this [and other] Government/s. But those questions are left to fade on the Editor’s to do list. Instead the Editors get their staff to scramble over each other, scratching and tearing at all the shiny things worn by all the shiny people.
At times like this there are few more rational responses than anger. The public anger that such facts should generate is so stage managed that many people are unsure what they are meant to be focusing their anger on, but they do know they are angry about something.
The Opposition, stymied by the media’s complicity, is left to struggle against a Speaker who was apparently instrumental in the co-ordination of the circumstances being discussed. Circumstances he has openly assisted the Government in avoiding as he sits as Speaker. When the opposition rise to their feet next week, and hopefully deliver carefully co-ordinated single part questions, they know full well what they will be facing. The Speaker will simply shut down any debate on the topic faster than he closed the door on ‘matters before the court’ that actually weren’t.
The PM could be asked directly about the blatantly two-faced actions taken by his Minister/s and if, by some miracle, he doesn’t launch into ‘Labour did it! Labour did it! Labour did it!’ we’ll get a shrug, a ‘you know’ then [the now tired] sneer followed by his latest version of ‘there’s always another person with a different interpretation of events’ before he wraps up by attacking another Party’s policies or making some lame joke whilst ignoring the lacklustre demands from the Speaker for him to be seated.
Yeah I guess you could say I’m less than thrilled about our prospects as a modern democratic state.
The National Youth Theatre in the UK closes down a production a fortnight before opening night.
Homegrown (not in the NZ sense) is a promenade play about the radicalisation of young people living in Britain. The idea and the performance sounds great, but it will not be performed.
Theatre is a great way to get people discussing and talking, and they are missing an opportunity here.
Not to mention the involvement of 112 local young people, who discover (once again) that their voices are silent.
Looks like the west is eagerly following the example of East German authorities.
1984
How heartening would it be if we could threaten companies such as Miller Argent with the “costs” of their externalities, instead of reading again about their threats to local peoples and governments to act as they see fit.
Coal company threatens to sue welsh borough if mine permit is denied
The Guardian’s expert on obfuscation by bureaucratese and acronym, Steven Poole, recently argued that TTIP could be a conspiracy to pull some very thick wool over our eyes. We live in an age when we’re so accustomed to being entertained that we haven’t the temperament to do the difficult work of penetrating the wool of boring. So we’re going to take that wool, roll it into a ball and leave it for the cat to play with. No, don’t look at the cat. Look at me. Focus.
http://www.theguardian.com/business/2015/aug/03/ttip-what-why-angry-transatlantic-trade-investment-partnership-guide
You’re so right. Isn’t this cute.
Vicious beast mauls helpless orange gourd
http://i.imgur.com/yUh8kbj.gifv
Murdoch on the TPPA
And how come he can be part of it when we are not privy to the TPP?
“Fonterra chairman John Wilson’s verbal sharp-shooting skills were put to good effect at the Trans Pacific Partnership (TPP) ministerial negotiations in Maui.”
http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=11491984 (Fran O’Sullivan.)
Brilliant.
Anybody hearing about the Turks bombing Kurdish anti-ISIS positions and the US bombing Syria to create an ISIS free safe zone? Neh, I didn’t think so! I mean why keep us posted on an area where NZ soldiers are involved in another war crime of apocalyptic proportions?
Gotta keep the customer happy.
https://firstlook.org/theintercept/2015/07/29/turkeys-american-lobbyists-work-defeat-military-aid-isis/
This excerpt from the Leaked TPP IP chapter would appear to be affecting Māori sovereignty.
Article QQ.E.23[95]: {Traditional Knowledge, Traditional Cultural Expressions and Genetic
Resources}
[PE/NZ/VN/BN/MX/SG/CL/MY propose[96]: 1. The parties recognise the importance and contribution
of traditional knowledge, traditional cultural expressions, and biological diversity to cultural, economic
and social development.]
[[97]PE/MY/MXBN propose; NZ/AU/SG/CL oppose: 2. Each Party exercises sovereignty over their
biological [MY/BN oppose: diversity] [MY/BN propose: resources] and shall determine the access
conditions to their genetic resources and their derivatives in accordance to their domestic legislation.]
http://keionline.org/sites/default/files/Section-E-PatentsUndisclosed-Data-TK-TTP-IP-Text-11May2015.pdf
Don’t forget to PROTEST AGAINST TPPA – our government is very keen to sign our sovereignty away. Just because they didn’t do it last week – they seem confident that they will next time so show the government the people mean business!
Here are the details
Hokianga
15 August protest, 11am at Kohukohu Village Green.
Whangarei
15 August protest, 11am at the Town Basin.
Auckland
15 August protest, 1pm at Aotea Square to march down Queen Street, featuring speakers and music.
Hamilton
15 August protest, Meet @ 1pm outside Cock and Bull carpark on corner of Church and Maui.
Tauranga
8 August, 10 am @ Red Square (Downtown Tauranga) for ‘Chalk n talk’.
9 August, Johns Key’s birthday bash with live music and Cake Signing the giant card.
10 August at lunch time, Banner making in Red Square.
12 August, Nag banner from cambridge rd over bridge.
13 August, signs on the road side
14th August – public meeting
15 August protest at 1pm, Red Square.
Gisborne
15 August protest, details to come.
Napier/Hastings
15 August protest, 1pm, location to be announced.
Wanganui
8 August protest, 1pm, march from Silver Ball in the market to Majestic Square.
New Plymouth
Protest planned, details to come
Palmerston North
(Before Action Week) – At 7pm on July 29th Palmerston North City Library is hosting a panel discussion on the TPPA, featuring Assoc Prof Jeff Sluka, Dr Deborak Russell and Dr Shamin Shukur (compere: Assoc Prof Bill Fish).
Art and photo exhibition planned with accompanying information, concert and talks
8 August Rally and concert, 1pm – 3:30pm in the Square in the quadrant opposite The Plaza. Keynote speech from Barry Coates, including Dr Romauld Rudzki, Dr Deborah Russell, Dr Jeff Sluka and Cr Lew Findlay, and local musicians.
14 August will be a concert in the library at 5pm, then documentary maker and investigative journalist Bryan Bruce will speak at 6pm on Poverty, Inequality & the TPPA.
Many committed P North activists will also be heading to Wellington on 15 August.
Wellington
7-13 August – The People Speak #STOPTPPA. NZ Photo exhibition (10am-5pm)
12 August – Lunchtime rally outside Parliament with politicians and speakers.
15 August – TPPA Walk Away! Protest action to stop the TPPA. Assemble at Midland Park and march to Parliament for speakers and music. More details to come.
Nelson
15 August protest at 11:00am, top of Trafalgar St – 1903 Square.
Christchurch
10 August political debate at 6pm, Canterbury Horticultural Society (57 Riccarton Avenue), featuring David Parker, Russell Norman, Fletcher Tabuteau and Marama Fox.
12 August film screening of ‘Inequality for All” by economist Robert Reich, 6pm at The Auricle (35 New Regent Street).
14 August New Economics Seminar and Expo, 7pm at Horticultural Hall.
15 August protest at 12:30pm. Location: South Hagley Park (corner Deans Ave and Riccarton Rd) marching down Riccarton Rd.
Timaru
15 August protest planned, details to come.
Dunedin
15 August protest at 1pm, marching from the Dental School to the Octagon.
Invercargill
15 August protest, 12pm at Wachner Place.
Save NZ +100 …Thanks for the info !
Draco T Bastard:
So, you have no answer to the point that your preferred option has been tried before and failed.
Gotcha.
————————————————————————————————————————-
your answer to my question here
Answer me this: What good is your money (literally virtual money), if you can’t access it, if you can’t use your bank card, or if your access is blocked by a government?
I can see quite a few people barter, trade or institute on a community level something to replace all that virtual money if access is not guaranteed or made hard.
I think they call it the black economy, or the under the table economy etc.
————————————————————————————————————————
ok, so I have linked to a Wiki Page that explains the use of scrip / chits throught the history of banking.
I have mentioned bartering, trading, or exchanging goods at an agreed value,
I have raised my reasons as to why i am not deluded into thinking that a benevolent government would run our cashless society that you advocate (i still would love the Start Trek years, but alas i will only live the years of the war leading up to the Vulcan arriving and providing humanity with Warp Speed).
I have mentioned cigarettes as currency as used in the after war years of Germany, my mother has good memories of picking up buds, taking them home, cleaning them, re-rolling the cleaned tobacco and then using it on the black market as currency before the great new introduction of the Deutsch Mark.
And you are saying that my preferred option has not been successfully tried before? Really? I mean Really?
So I am sorry, but there are more examples of humanity using what ever they can as currency, in abscence of anything better.
And if your cashless society comes true, i bet you a hundered chits that there will be immediately a different cash form available for those that don’t want to use the government sanctioned, controlled and government depended ‘credit/debit’ cards.
You need to prove that your idea is better, and at the moment i see you failing.
Actually, nobody needs to prove a damned thing.
The current advantage of cash over electronics isn’t trust so much as the convenience of universality – almost everyone can take cash, not everyone can take cards as that involves a cost outlay. When that advantage no longer exists, cash will slowly be phased out.
There is a hybrid option that might persist as a transitional step if manufacturing costs approach negligible: individual tokens like debit cards that have a display of their remaining balance. They can be physically exchanged, or debited (transferring between tokens would be more difficult and would require each token to be networked, although thinking about it one could organise some sort of exchange protocol that involves the token uploading and confirmation of transaction histories at merchant terminals).
That sort of thing was in the 1980s series Max Headroom, for the scifi folks out there 🙂
It’s been tried and failed and linked to some information on it. There’s more around on the same site if you look.
Sure, the laws that got put in place empowered the private banks which is why we need to change the laws and make it so that only the government an create money.
Hell, we technically already have your system in that the private banks create money every time a loan is made and is failing miserably.
Probably because we’ve been taught that government is bad and that stealing from them is good. Of course, stealing from the government is stealing from yourself and so you’re actually worse off.
You’re being wilfully blind.
Advantages:
1. It’s cheaper as it uses less resources
2. It’s more secure – can’t be stolen
3. Makes it easier to determine taxes
4. Makes it easier to find crime
Disadvantages:
1. It may go offline occasionally
2. Everyone will need a cellphone
Jeeesus DTB “it can’t be stolen”
FFS someone can press a button and haircut it or take it all in a microsecond.
And that would be known and thus can be reversed.
‘ASEAN wants China to stop work in disputed sea: official’
By EILEEN NG
http://news.yahoo.com/malaysia-seeks-amicable-solution-china-sea-dispute-065959378.html
“KUALA LUMPUR, Malaysia (AP) — Southeast Asian nations want China to stop land reclamation in the disputed South China Sea, a regional official said Tuesday, but China insisted it has a right to continue the activity.
Le Luong Minh, secretary-general of the 10-member Association of Southeast Asian Nations, said ASEAN foreign ministers expressed concerns in a meeting Tuesday over massive Chinese island-building activities that have escalated tensions in the area…
Related Stories
http://news.yahoo.com/philippines-wants-south-china-sea-talks-despite-chinas-072657154.html
http://news.yahoo.com/asia-security-talks-open-south-china-sea-tensions-033935769.html
http://news.yahoo.com/us-philippines-raise-territorial-row-malaysia-meet-015600913.html
http://news.yahoo.com/kerry-chinas-wang-discuss-south-china-sea-tensions-040713628.html
http://news.yahoo.com/asean-china-discuss-hotline-sea-dispute-philippines-053923198.html
lol no shit.
China says it’s all their territory, a load of other nations disagree. It was in this area that Chinese and US aircraft collided in 2001. Lol, and it was the macguffin for a James Bond movie, I think The world is not enough.
‘The world is not enough’ …huh… must get back into James Bond movies…think I missed that one
The one with Jonathan Pryce as the baddie.