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Open mike 12/04/2019

Written By: - Date published: 7:00 am, April 12th, 2019 - 57 comments
Categories: open mike - Tags:

Open mike is your post.

For announcements, general discussion, whatever you choose.

The usual rules of good behaviour apply (see the Policy).

Step up to the mike …

57 comments on “Open mike 12/04/2019”

  1. cleangreen 1

    So much to digest on this ‘black friday’ I think; -. phew!!!!
    *Assange arrest.
    *Bussiness NZ political Poll 11/4/19. says Labour at 49% National at 41%
    https://thedailyblog.co.nz/2019/04/11/latest-poll-labour-49-6-national-41-3-nz-first-2-3-greens-3-9/

  2. reason 2

    Raymond Ratima and Wayne Mapp …..

    Wayne Mapp was complaining a little while ago ,,,, about some of the name calling and emotional posts ….. after the christchurch subhuman supremacist terrorist killings.

    I was pretty angry at the time recalling near on two decades of foul behavior by Key, Mapp, SIS / Kittridge, Nacts etc ,,, and the media.

    ——————-

    When thinking about the Afghanistan village lethally attacked …. described and revealed to us in Nicky Hager & Jon Stephensons book ” Hit and Run “…. https://www.hitandrunnz.com/

    I realized the terror, injury and death toll that we …. New Zealand …. inflicted on this village was of a greater scale, with much more terror, death and injury ….. than Raymond Ratima and his revenge murders in Masterton.

    Both attacks were based on revenge …. but our excuse for the SAS revenge raids horrifc results, was being reckless …. I’m not sure if thats better or worse ,,,, than Raymonds psychopathic hate.

    Jon Stephenson believes that Wayne Mapp is remorseful ….. I suspect Jon Stephenson is projecting his own decent personality onto Mapp …. believing him at his core to be a decent man ….

    I have doubts about Wayne Mapps sincerity . and suspect the depth of his remourse is nowhere near as deep as he would have us believe.

    Ignoring Waynes long posting history …. one specific and fairly recent example shows to me …. his lack of concern for children and others …. either starved, denied medicine … or killed in war.

    I had written a post here ….. where I mentioned ” sanctions of mass destruction “, in relation to the half a million Iraqi children killed …. killed by the west for the crime of being born in Iraq ….

    I mentioned the similar sanctions / seige put on Syria.

    In the same post I also calcultated that the refugee population in Syria …. approx 1 million Iraq refugees and 400,000 Palastinians who had fled into Syria ….

    Before the billions of weapons flowed into it … and the slaughter began … forcing refugees to often flee again

    That This 1.4 million intake of refugees into Syria ….was equal to over four and a half centuaries of our NZ refugee intake….. or 350,000 refugees into Nz … both population adjusted figures… How would NZ cope under this situation ?

    At the end of my post I made a throwaway line about Assad being a novice in the body count business….. compared to the usa in the middle east …. and thats excluding the usa support and billions spent … for the ‘moderate’ killer rebels in Syria.

    Wayne stomped into a reply to my post …. and this is after ‘Hit & Run ‘ has been published …..

    he started tub thumping for more war, more bombs, and more death into syria….. He didn’t say that specifically ,,, but basiclly used the Same lines as Jenny… roughly put : ….’reason you Hitler Hitler … Ass …Hitler you .. Ass . Ass .. Hitler … Hitler genocide you … Ass dictator you..

    He ignored the genocide against the children of Iraq ….

    He ignored all the Extra death and suffering more weapons and war into Syria would cause…..

    He ignored the suffering and extra deaths from sanctions … Disappeared nothing victims to him…. future and past.

    This lead me to suspect he does not care for the children killed in Afghanistan either…. And got me thinking of other child killers.

    of course He could disprove my suspicions of all this…

    By showing where he has donated money to his victims …. after all he made extra from his jemmied Accommodation money, that he took just like Bill english when in Parliament …. or the money he should not have received for sitting on a ‘ peace board’ http://norightturn.blogspot.com/2016/02/disarmed.html …. or just his fat salery for being the Minister of defense in Govt .

    He could show a donation and He could show where he has apologized to the victims and parents of children and others …. whose killings or maimings and injury, he could have prevented.

    If I don’t see that …. then I doubt he is sincere ….. and thats where my comparison with Raymond Ratima becomes really becomes apt.

    Shamed and reviled …… so present and future Prime ministers and ministers of defense know there is a cost to them for siding with barbarity.

    Also Raymond Ratima did not come back three days later and burn down his victims houses …. As Nz did … although no doubt Raymond would have copied the SAS ,,,, but he was locked up facing murder charges ….

    aye Wayne ?

    p.s …. anyone who thinks our shameful story is only about one raid …. they should watch Jeremy Scahills Movie ‘Dirty Wars’ … it’s about this topic.

    Disappeared Victims …..

    • tc 2.1

      Wayne has a role to play which he does very well.

      Unlike others who worked in team shonky he’s not got skeletons like SCF, GSCB, skycity, double dipping etc so he remains on this scene.

      This is an elder statesperson of the national party now….there’s your benchmark

      • CHCoff 2.1.1

        Coincidental Donkey proximity to origin global derivatives financial crisis and Brexit??

        4th estate also is 5th estate?

      • OnceWasTim 2.1.2

        🙂
        We should probably call it the ‘McKinnon Effect’

        You know, there used to be a few half decent Nats that now lament the state of their glorious party and what it’s come to (I mean…FFS! Paula Bennett for starters)

        Wayne hasn’t woken up to it all yet – probably ‘cos he’s got fuck all else to cling to. He’ll probably go down with the ship

    • The USA and Israel have definitely escalated the problems in the Middle East, time for the USA and the Orange Orangataun to tidy up there own backyard ?

  3. Anne 3

    Yes, he kept himself clean while those around him wallowed in the mud. He deserves respect for that, but it’s a pity he didn’t publicly separate himself from the mud-slinging that went on over the Key years. Instead he seems to be in denial it ever happened.

  4. Peter 4

    Mike Hosking is on about public transport. Again

    I know it is an impossibility, but it would be great to have a couple of midweek days without any public transport in Auckland, Wellington and Christchurch. None at all.

    Experiencing that would be good. It might not affect Hosking much as he drives to work early in the morning and probably doesn’t drive home at peak school/close of work times.

    He starts with “More from our theory vs reality file.” The reality of no public transport?

    • Why are we subject to “Mike Hoskins and Kate Hawkesbury’s Theory of Life” every day, haven’t MSM got some more mature educated commentators who can give us some accurate information rather than just personal opinions ?

      • greywarshark 4.1.1

        Yes skunkweed too many listen in fascinated horror and obsessively pass on the titbits. It’s like a gossip column – ‘Have you heard? Oh did he, isn’t that awful’.

        This behaviour is one of many we adopt that Eric Berne analysed in 1964 and published in Games People Play.
        https://en.wikipedia.org/wiki/Games_People_Play_(book)

        One of the Games is actually called ‘Ain’t It Awful’. It comes in four styles –
        ‘Parental pastime, Adult pastime, Child pastime and game.’
        In this link there is an analysis of someone playing the Parental pastime style, though I am not sure this is the one to apply to Hosking commenters, it might be appropriate.
        http://www.ericberne.com/games-people-play/aint-it-awful/

        This is an example that regular commenters will recognise.
        In the game entitled “Now I’ve Got You, You Son of a Bitch,” one who discovers that another has made a minor mistake in a matter involving them both, holds the entire matter hostage to the minor mistake.

        Transactional Analysis – a fancy name for asking why did you say that and I reply like this?
        http://www.ericberne.com/games-people-play/

        I wonder what game I am playing at the moment? And if you look and decide on which, then what game are you playing?

      • James 4.1.2

        You are not subjected to it – you can easily select another channel to listen to if you don’t like it.

        If you don’t have the intellect to change channel by yourself – ask an adult.

        • greywarshark 4.1.2.1

          Thanks James – you are always there with the intelligent, practical comment.

        • Peter 4.1.2.2

          If the comment was directed at me I make a point of not listening to or watching Mike Hosking. I saw his comment piece on the Herald online. Rather than rubbish the self-centred cretin for self-centred cretinous attitudes the headline indicated, I read through it. As a responsible adult would.

          Funny that without asking an adult I found the intellectual basis of what Hosking was on about at a sort of cretin level.

    • ScottGN 4.2

      It’s hilarious he’s banging on about this at the same time AT have just released the March ridership stats for public transport in Auckland. 10.2 million boardings for the month, the first time we’ve cracked 10,000,000 rides in one calendar month since the tram network was ripped out in the 50s.

    • alwyn 5.1

      They are looking at adopting something a senior National Party MP is proposing are they? It wasn’t yet formal National Party policy but it was certainly heading that way.
      Nick Smith was advocating this about 3 months ago.
      “And in a speech last night to Nelson Rotary, Smith doubled down and went public with his call for electoral finance reform, saying he wished to promote “a ban on foreign donations.”
      https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12195007

      I doubt that there will be a full ban though. It won’t happen unless Ardern does a massive flip-flop and Tsar Winston lets her do it.
      After all, back in January we had
      “The proposals floated by Smith – described as “ideas for discussion” and “not National policy – appear to markedly contrast with Prime Minister Jacinda Ardern’s recent defence of New Zealand’s political donation regime as “pretty good,” and not in need of any reform”

      I wonder who had provided so much money to the Labour Party that they couldn’t offend the donor, and whether it is connected to the abject kowtowing she was doing on her rushed trip to Beijing recently?

      • WeTheBleeple 5.1.1

        It wasn’t Nick Smith who prompted a wider discussion on foreign donations. You do recall that awkward phone call with Simon, right? One Asian, two Indians and a Cheque?

        But you’ve spun it into some Ardern-based conspiracy about her trip to China?

        You think she had to fly there to get the dosh? No eftpos?

        • alwyn 5.1.1.1

          Wasn’t Nick Smith? Did you look at the story I linked to?
          I assume when you talk about a phone call you mean the one that J L Ross used to rabbit on about?
          When it was produced it was clear that Bridges had done everything by the book and it was only Ross who might have been stretching things a it.

          As for Eftpos? There is nothing like a brown paper bag when you are trying to hide the source of money.
          Just ask a former Labour Party President what he would have done with dodgy donations.

          • WeTheBleeple 5.1.1.1.1

            “Did you look at the story I linked to?”

            Yep. This one here:

            “More locally, a high-profile research paper by professor Brady, and allegations about foreign donation laundering from disgraced former National Party MP Jami-Lee Ross, have put the spotlight on political donations linked to China.”

            You reckon there was a brown paper bag delivered in Beijing?

            Sandwiches?

            • alwyn 5.1.1.1.1.1

              You did notice the most significant words in the quote you gave didn’t you?
              They were allegations and disgraced.
              As in ” ALLEGATIONS about foreign donation laundering from DISGRACED former National Party MP”
              His claims and what he said was “evidence” had nothing in common.

              • The Chairman

                “His claims and what he said was “evidence” had nothing in common.”

                Yet, seems there was enough evidence for the police to pass the case on to the Serious Fraud Office to investigate.

          • Cinny 5.1.1.1.2

            Alwyn, jlr went on leave in October 2018, the article you linked to was about Dr custard doing a talk in Jan 2019.

            Maybe Dr custards interest is more like damage control post jlr….

            Edit Dr custard has been campaigning locally on the failed southern link dream and a possible fishing museum in port nelson for around 20 years now, he was in government for around half that time and bugger all progress on either. He needed something new going into the coming election and national needed some jlr damage control… funny how things pan out.

      • The Chairman 5.1.2

        “The proposals floated by Smith – described as “ideas for discussion” and “not National policy – appear to markedly contrast with Prime Minister Jacinda Ardern’s recent defence of New Zealand’s political donation regime as “pretty good,” and not in need of any reform”

        Interesting stance taken there by Jacinda.

        However, with at least four out of every five dollars donated to the two big parties being given secretly (see link below) it’s hard to see anyone seriously sharing her belief.

        https://www.stuff.co.nz/national/politics/95945991/new-push-for-transparency-with-four-out-of-every-five-dollars-donated-to-big-parties-given-secretly

  5. newsense 6

    Herald continues to it’s right wing whine a day series with a bitch about public transport day.

  6. Can someone please explain to me what the bloody Brits are up to ?
    Monty Python was supposed to be a caricature ..

    As for the Amritsar massacre, May has just decided to apologize

    https://www.financialexpress.com/…/1543333
    https://en.wikipedia.org/wiki/Jallianwala_Bagh_massacre
    https://www.thehindu.com/…/article26756834.ece

    A nifty domestic diversion from Brexit
    https://www.theguardian.com/…david-cameron-amritsar-massacre-india
    but as Churchill noted it was just a continuation of colonial policy
    https://blogs.spectator.co.uk/…ologising-for-the-amritsar-massacre

    Corbyn calls for a full apology
    https://www.mirror.co.uk/…remy-corbyn-says-theresa-should-14274799-
    https://www.historians.org/…ic-massacre-of-1919-warrant-an-apology

    .. we could do the same for Gate Pa.

    • greywarshark 8.1

      When did May start wearing that patch over her eye, it makes her look like the pirate queen of the Conservatives! But hey, that’s what she is. Monty Python and the good ship The Crimson Permanent Assurance would have had her up on the bridge if she wasn’t still in school learning the arts of the upper class in how to rob the poor of all hope, mishandle a country and still not have to say sorry.

  7. greywarshark 9

    Anzac Day 25 April coming up. I think it should be renamed Remembrance Day, remembering all not just connected with Gallipoli and WW1 in some confused people’s minds. RSAs all should wake up and embrace your fellow defenders and all personnel from war, peacekeeping and similar activities.

    With Remembrance Day coming up! – here is a positive move on behalf of war-torn personnel in NZ.
    https://www.radionz.co.nz/national/programmes/ninetonoon/audio/2018690709/help-to-get-from-the-military-to-civvy-street

    A new foundation has been established to help defence force veterans transition to life in civvies. Post Transition has been founded by former SAS soldier and Victoria Cross recipient Willie Apiata and his partner Jen Martin.

    They say servicemen and women need much more support when they leave the Defence Force – from help with Post Traumatic Stress Disorder, to assistance finding jobs in the private sector.

    • AB 9.1

      As an act of quiet semi-subversion I have started watching the 1964 BBC tv doco “The Great War” on YouTube. Four episodes down about another 20 to go. I remember watching it as a kid on the b&w tv on Sunday evenings with mum & dad – it felt fixating, weird and scary as eff at the time. Now I realise that 1964 was only 46 years after 1918, and today is 55 years after 1964. Something of a shock.

    • cleangreen 9.2

      II’ll be standing there with two of my army comrades from our 10th intake in 1964, the year our 161 battery went to Vietnam.

      • Exkiwiforces 9.2.1

        Ah, a Drop Short are we and a follow member of the Cordite Club as well.

        I knew there was something I like about you. 😂

        Have you got your Aussie UGC yet?

    • Exkiwiforces 9.3

      Sorry for coming late on this,

      I don’t think ANZAC Day should be renamed as us new generations of Veterans will always remember those that have gone before us in war and in peacetime as I do every ANZAC Day and on Cambrai Day.

      With ANZAC Day is losing it meaning as it slowly becoming a Dog and Pony Show or as a mate at my bush estate says a bloody “ Moomba March” as we have every Tom, Dick and Harry marching now. With Members of the self intitlement/ self serving- self licking ice creams called Politicians who have turned it to Nationalist Day of back slapping of say how great the ADF/ NZDF are with colours flying and troops marching with bayonets fix etc and treat us veterans like we are the best thing since slice bread. But in reality they treat us with contempt over the years denying veterans comp’o for their physical or mental scars. Then have the bloody sky pilots crapping Nationalist religious tripe with all its BS.

      Two things cause wars Religion and Politics aka Members of the self intitlement/ self serving- self licking ice creams called Politicians.

      As the great Clausewitz said “War is merely the continuation of policy by other means.” Yet Members of the self intitlement/ self serving- self licking ice creams called Politicians still send members of its Armed Forces overseas or on NonWarlike operations with the cheapest built equipment, poorly equipped, ill suited of the job/ mission or for the operations hand or badly outdated equipment with poor pay and conditions as well to top it off. When we return treat us like shit as veterans, where we have to fight demons to our entitlements that these self intitlement/ self serving- self licking ice creams called Politician promise us in return for our service to the Country.

      Tomorrow I head back to the PTSD clinic for 4-6 wks treatment because I had another run down the rabbit hole as result of my Peacekeeping and having to deal with a couple of workplace related and attempted suicides.

      Might send my ANZAC Day speech I gave a few yrs ago to be published for ANZAC Day that I presented at Dundee Beach War Memorial on the Timor Sea. Our Drawn service you won’t see a member of the self intitlement/ self serving- self licking ice creams called Politicians or a Sky Pilot as they are not welcome to say their bit of tosh/ BS as what have they done for us in return of our service to the ADF or NZDF over the yrs 4/5ths of SFA I say.

      https://en.m.wikipedia.org/wiki/Moomba

      • Pat 9.3.1

        Its a tough choice Exkiwi…ANZAC day dying with the returned servicepersons a la a couple of decades ago…or claimed, misappropriated and given new life by (largely) self servers?…..I think I can guess where the old servers would stand.

      • greywarshark 9.3.2

        Keep happy Ex Kiwi though it sounds a wee bit tough for you all from time to time. Thinking of politicians, I was talking to someone from England today and we thought of Tony Blair and how he sent troops to Iraq even though the experts said there was no justification, and Dr Kelly committed suicide.

        It bothers me that some people can only think of WW1 on Anzac Day, that is why I was talking about Remembrance Day. The stories I read about forces and the conditions since WW1, and as you say the lack of support when you return, makes it important that there isn’t a general down-grading of the efforts and the suffering of the Forces and not forgetting the enemy.

        Here we spent $16 million providing a new War Memorial for the anniversary of WW1, it would have been right to dedicate a statue of a dove or something and put the rest into resources to help with health issues. Good news though – did you see about Willie Apiata V.C. in my comment at #9.?

        Probably this poem has become a cliche’. But do you think that WH Auden’s poem 1 September 1939 says things well?
        http://www.poemdujour.com/Sept1.1939.html

        I feel that it takes poetry to give an affect of what it’s like, so looked up
        some more.
        https://interestingliterature.com/2015/11/02/the-best-war-poems-everyone-should-read/

        The Son – Poem by Clifford Dyment

        I found the letter in a cardboard box,
        Unfamous history. I read the words.
        The ink was frail and brown, the paper dry
        After so many years of being kept.
        The letter was a soldier’s, from the front—
        Conveyed his love and disappointed hope
        Of getting leave. It’s cancelled now, he wrote.
        My luck is at the bottom of the sea.

        Outside the sun was hot; the world looked bright;
        I heard a radio, and someone laughed.
        I did not sing, or laugh, or love the sun,
        Within the quiet room I thought of him,
        My father killed, and all the other men,
        Whose luck was at the bottom of the sea.
        Clifford Dyment

        or Dreamers
        By Siegfried Sassoon
        Soldiers are citizens of death’s grey land,
        Drawing no dividend from time’s to-morrows.
        In the great hour of destiny they stand,
        Each with his feuds, and jealousies, and sorrows.
        Soldiers are sworn to action; they must win
        Some flaming, fatal climax with their lives.
        Soldiers are dreamers; when the guns begin
        They think of firelit homes, clean beds and wives.

        I see them in foul dug-outs, gnawed by rats,
        And in the ruined trenches, lashed with rain,
        Dreaming of things they did with balls and bats,
        And mocked by hopeless longing to regain
        Bank-holidays, and picture shows, and spats,
        And going to the office in the train.

  8. greywarshark 10

    I think there has to be another agency beyond police to handle matters they feel they are not equipped to deal with. The case where the bridge is down at Waiho might have been one time where there were special conditions placed and warnings given and waivers of some sort signed which would have been passed onto another authority specifically assessing danger.
    https://www.radionz.co.nz/news/national/386880/police-warning-stops-man-from-transporting-cars-people-in-truck-across-waiho-river

  9. greywarshark 11

    Three trucks crashed , within 10 km, during daylight. What is the cause.
    Overlong hours. We can’t get truck drivers to fill the jobs. Why? Is there a trace of meth or marijuana on their breath? Are they not being paid fairly? Are there more crashes because untrained, immature people are being utilised?
    https://www.radionz.co.nz/news/national/386849/driver-dies-after-hours-trapped-in-truck-crash

    Chris Trotter has a write-up today about the battle between the PMC, Professional and Managerial Class on the one hand and tradesmen on the other in a battle as to who should pay fairer tax. It might be good to look at these responsible jobs with unsocial hours like truckers have and see the truth of our unfair wage setup.

    • KJT 11.1

      What I wrote in answer to Trotter.
      http://bowalleyroad.blogspot.com/2019/04/making-tradies-pay.html

      Sometimes, he has a brainstorm and goes right off the reservation.

      “Bit of a cognitive disconnect here.
      The overwhelming majority of tradies own a business with one to three staff, which depends on the labour and skills of the owner to remain viable. From NZ labour force survey.
      Only a very few, are ever worth enough on sale to attract capital gains taxes.
      Though many of us hope we get something.

      The payers of capital gains taxes, will be that very managerial class that you are talking about, with their three or many more rentals, the children of the wealthy, and corporate farmers with millions of dollars in land speculation.

      High land prices, and the necessary borrowing for trade premises, make life difficult for genuine businesses.”

  10. greywarshark 12

    Thieves to the left of you, rogues to the right, steer down the middle and hope you’re staying tight..

    https://www.radionz.co.nz/news/national/386839/employees-salaries-paid-to-thieves-in-new-scam-police

  11. Puckish Rogue 13

    For no good reason

  12. greywarshark 14

    Annette Sykes talks about the success they have had with young people in Rotorua helping them with their literacy and numeracy on the road to getting drivers
    licences which gives them something solid to aim to achieve.

    https://www.radionz.co.nz/national/programmes/morningreport/audio/2018690694/hopes-driver-licences-for-at-risk-youth-to-lower-crashes
    transport law
    8:16 am today
    Hopes driver licences for at-risk youth to lower crashes
    From Morning Report, 8:16 am today
    Listen duration 5′ :22″
    There are hopes that a new scheme to help young people get their drivers license wil reduce the number of them who end up in the criminal justice system.

    Earlier this week the government announced young people in state care, or who receive a benefit, will be eligible free driving lessons.

    Associate Transport Minister Julie Anne Genter says young drivers who have never held a driver licence were involved in 165 fatal or serious injury crashes, and this scheme will make our roads safer. It will cost around $5 million. Annette Sykes is a Maori lawyer. She talks to Gyles Beckford.

    This has a really good cost/benefit outcome for those with twitching noses at the smell of a welfare policy aimed towards better outcomes, rather than punitive measures.

    One of our comunity constables here in Nelson had a lot of success with this as a positive move for the young people. He was very much appreciated and liked. It would be good if Police had an arm that worked with young chaps at gyms etc as they used to in the UK. It doesn’t stop all crime, but there is a chance of lessening it and having better relations between police and the young.

    • KJT 14.1

      When Labour announced this on Facebook, there was a whole bunch of comments bashing bennies, getting even more, from self styled “hard working Kiwi’s”.

      Sigh!

    • Sabine 14.2

      this is a good thing. Not only for keeping the road toll down, but also to keep the driving without a license down, and give people a chance at a job.

      5 million, wonder how much money in benefits payments will be saved because of these initial 5 million spend.

  13. Eco Maori 15

    Here you go whanau 40 % of Amercians make $15 a HOUR I know that all the minority cultures make up most of that 40 % big busness are the biggest RECEVERS of socialism its is just not well published with OUR media being controled by $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ BIG busness get to suppress these facts but they kick the shit out of socialism for the common poor person who has as much right to Papatuanuku resorces as a wealthy person in ECO MAORI EYES. Big busness don’t want strong governence why because they don’t want the goverments to make them shear there stolen wealth and they don’t want goverments to be able to stop them ripping the people off and sending them to JAIL when they get caught THATS A FACT. Not many went to jail for the crimes of the 2008 BIG SHORT .

    In his annual letter to shareholders, distributed last week, JPMorgan Chase CEO Jamie Dimon took aim at socialism, warning it would be “a disaster for our country,” because it produces “stagnation, corruption and often worse.”
    Dimon should know. He was at the helm when JPMorgan received a $25bn socialist-like bailout in 2008, after it and other Wall Street banks almost tanked because of their reckless loans.
    Dimon subsequently agreed to pay the government $13bn to settle charges that the bank overstated the quality of mortgages it was selling to investors in the run-up to the crisis. According to the Justice Department, JPMorgan acknowledged it had regularly and knowingly sold mortgages that should have never been sold. (Presumably this is where the “stagnation, corruption and often worse” comes in.)
    The $13bn penalty was chicken feed to the biggest bank on Wall Street, whose profits last year alone amounted to $35bn. Besides, JPMorgan was able to deduct around $11bn of the settlement costs from its taxable income.
    If this isn’t socialism, what is it?
    Yet it’s a particular form of socialism. Millions of homeowners who owed more on their homes than the homes became worth didn’t get bailed out. Millions of workers who lost their jobs or their savings, or both, didn’t get bailed out. No major banker went to jail.
    Call it socialism for rich bankers.
    It’s a gift that keeps giving. Dimon took advantage of the financial crisis to acquire Bear Stearns and Washington Mutual, vastly enlarging JPMorgan. America’s five biggest banks, including Dimon’s, now control 46% of all deposits, up from 12% in the early 1990s.
    Advertisement

    And because they’re so big, Dimon’s and other big Wall Street banks are now considered “too big to fail”. This translates into a hidden subsidy of some $83bn a year, because creditors who face less risk accept lower interest on deposits and loans.
    More socialism for rich bankers
    Dimon was also instrumental in getting the big Trump tax cuts through Congress. They saved JPMorgan and the other big banks $21bn last year alone.
    Dimon was paid $31m last year. He is estimated by Forbes to be worth $1.3bn.
    Ironically, a few weeks ago Dimon warned that income inequality is dividing America. He said that a “big chunk” of Americans have been left behind, and, announcing a $350m program to train workers for the jobs of the future, lamented that 40% of Americans make less than $15 an hour.
    True, but $350m over five years isn’t even a drop in the ocean for the Americans left behind.
    Wall Street bonuses totaled $27.5bn last year, which is more three times the combined annual earnings of all American workers employed full-time at the federal minimum wage. That’s more than 600,000 low-wage workers.
    If Dimon were serious about the problem of widening inequality, he’d use his lobbying prowess to help raise the federal minimum wage. He’d also try to make it easier for workers to unionize, and to raise taxes on the super-wealthy like himself.
    Ka kite ano links below

    https://www.theguardian.com/commentisfree/2019/apr/08/wall-street-socialism-jpmorgan-jamie-dimon-bailout

  14. eco maori 16

    A video for my post above I had to use another device because the sandflys are stuffing with my YouTube feed I can’t even play a good song on YouTube.

  15. Eco Maori 17

    You see whanau what ECO Maori knows about computers is when I drag the NZ JUSTICE SYSTEM Over the hot coals of a COURT HOUSE All the evidence of the sandflys stuffing with my divices will be the wait for me to find it as what goes down on the Internet stays there it cannot be totally erased Ka kite ano P.S I have heaps of witnesses as well

  16. Eco Maori 18

    You see Whanau it took no fish the PEE adict sandflys over 2 years to to get me out of the whare how do I know he is a PEE adict well who builds late at night he was doing everything at strange times I went to say HELLO and he acted like I was a savage. He cheated to he got his m8 the white churchy owner to falsely claim the flat was going to be sold my last day scrubbing the flat out I asked the neighbours if they were moving out she said no the flat hasn’t been sold next 10 minutes the letting agents rang and told it that the flats were not sold ass covering move the last one Ma te wa whanau Ka kite ano

  17. Eco Maori 19

    Some Eco Maori Music for the minute.

    The way I see if one is special they stick up for the under Privileged tangata not kick them like some

  18. Eco Maori 20

    Eco Maori agrees with this opionion were are leaveing OUR mokopuna a great big MESS in human caused climate change the baby boomers are just lavashing and rolling in the money they have made abusing the Mokopuna future Papatuanuku/WORLD. Ma te wa
    The Wall, when I discovered that I was completely obsessed by intergenerational inequality. In particular, by the question of intergenerational inequality linked to climate change. Who knew? Certainly not me.
    Now, there’s nothing wrong with intergenerational inequality. At least, there’s nothing wrong with the version of it that existed in the developed world for much of the 20th century. That kind of inequality was based on the idea that life should be gradually better, from one generation to another – more secure, more prosperous, healthier, longer. That means that children got a better deal than their parents, but that was fine; indeed, in this version of the social contract, that was the whole point.
    Save for our pensions? We millennials can barely find the money to live
    Poppy Noor
    This model for a relationship between the generations has broken down. There are numerous reasons for this, and some are side-effects of positive social trends. When the UK state pension was introduced in 1908, it kicked in at the age of 70; but only one in four people lived past that age. In other words, most people died before they were able to collect any state pension at all. Today, life expectancy at birth is 82.9 years for women, 79.2 for men. This is, it goes without saying, a hugely positive development, but it plays havoc with the actuarial mathematics. Our state pension system resembles a benign Ponzi scheme, in which people in work are paying for liabilities accrued by the generation older than them who have now retired. When the retired generation is bigger than the working generation, there are obvious problems with making the sums work. You end up with different versions of the welfare state being experienced by different generations. A huge body of social science has been done on this subject, and you can sum it up in seven words: the baby boomers ate all the pies. Ka kite ano links below.

    https://www.theguardian.com/commentisfree/2019/feb/06/climate-change-deadliest-legacy-baby-boomers-young-people

  19. Eco Maori 21

    Here you go Whanau just a few of the many stories about tangata whenua O Atoearoa being suppressed instertutional RACISM Ma te wa whanau you see the people who really control NZ the state servants worked out years ago that Pacific people will out number the European people in a while that is why they flood the land with imagination because they know those people will believe there lies and vote for them Pacific people will control Aotearoa with in 30 years I will be around to help ACHIEVE this

    https://e-tangata.co.nz/comment-and-analysis/racism-and-white-defensiveness-in-aotearoa-a-pakeha-perspective/

    When I sat there and listened to the New Zealand government do their spiel it felt like they put up a tourism brochure, written by PR people who have never been to New Zealand. I don’t know how such intelligent senior public servants could deny the institutional racism that is prevalent in their administration of the public sector. It was quite a bizarre experience to see that,” says the AUT senior lecturer in public health

    https://www.google.com/amp/s/thespinoff.co.nz/society/03-12-2017/taking-new-zealands-institutional-racism-to-the-un/%3famp

    Lurking behind racism in New Zealand is the clear fact that Pākehā will no longer be the majority here in a few short years and some are hanging on to the old comfortable privilege with desperation. They could save themselves a lot of discomfort by learning the facts of our history, learning to speak Māori and becoming part of the new, inclusive New Zealand which is just around the corner
    https://i.stuff.co.nz/waikato-times/opinion/107143254/racism-thriving-in-new-zealandou have. It includes the house you (may) own, your car, your investments, and the savings you’ve accrued. Generally when comparing wealth across groups in society, you compare the ‘median’ individual – the person who half of a specified group is wealthier than, and half of that group is poorer than.

    In 2015, the median NZ European had $114,000 of wealth. The median Māori had just $23,000. That’s a gap of $91,000 Ka kite ano

    Ma te wa

  20. Eco Maori 22

    Some Eco Maori Music for the minute.

    I’m having time out tonight

  21. Eco Maori 23

    Some Eco Maori Music for the minute.

  22. Eco Maori 24

    Some Eco Maori Music for the minute.

Recent Comments

Recent Posts

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