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notices and features - Date published:
6:00 am, June 16th, 2015 - 45 comments
Categories: open mike -
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In the meantime we are investing $125m in an Asian Bank. Seems there ARE times Key doesn’t mind us being trailblazers… and surprise surprise it involves a bank. One of the do-nothing about climate change arguments is that we will have minimal impact by doing something. We have contributed well under 1% capital to this bank, effectively making no difference at all, and yet, we still did it.
“New Zealand has agreed to become a founding member of the Asian Infrastructure Investment Bank, the Government has announced.
“Increased infrastructure investment will enhance the Asian region’s growth and that will be good for New Zealand,” Finance Minister Bill English said.
“New Zealand was the first western developed nation to join negotiations to set up the Bank and our membership will enhance our already strong economic, trade and investment links with the Asian region.”
New Zealand’s paid in capital will be around NZ$125 million, paid over five years, the statement said.
The Bank of China led initiative has promoted itself as a means of making up the infrastructure gap between Asia and other parts of the world, however it has led to a diplomatic struggle.
The United States has reportedly lobbied countries not to join, raising concerns about its governance.
Privately diplomats have claimed that the bank could be used to expand China’s influence.
Foreign Minister Murray McCully said Asia was “important to New Zealand’s future” meaning it made sense to invest in the region.
“Asia is driving global growth and it is full of opportunities for New Zealand. This new Bank will be a welcome addition to existing institutions and it stands to make a significant contribution to infrastructure in the region.”
http://www.stuff.co.nz/business/industries/69407785/nz-agrees-to-join-divisive-asian-infrastructure-investment-bank
more about who has joined
https://en.wikipedia.org/wiki/Asian_Infrastructure_Investment_Bank
money for irrigation polluters
money for TV3
money for casinos
money for worlds biggest miner Rio Tinto
money for finance company investors
money for banks
the pattern is well and truly established and has painted Key’s legacy
and as PR so eloquently points out from time to time people like him just don’t care, along with 47-49% of those who voted… and quite a percentage of those have effectively voted against their own best interests and those of any children they have.
McCully: Hey Nate, just a quick question?
Guy: Yeah shoot old buddy.
McCully: When is an investment not an investment?
Guy: Depends on return I guess, and the immediate influence.
McCully: What kind of return?
Guy: Sooner or later.
McCully: So when is an investment a bribe?
Guy: Aww jeez Murray, we’ve been over this… you dealing sheep again?
McCully: I swear, it has no sheep involved!
Guy: God, ok for the last time then, write this down …is this line secure?
McCully: I’m calling from John’s office.
Guy: haha, good one bro. When is an investment a bribe? You’ve got it the wrong way round. A bribe can be an investment if it is a small percentage with minimal immediate influence, but also important to NZ’s future.
McCully: Ok…. important to… NZ…hey how many i’s in NZ?
Guy: Goodbye Murray.
Apologies for repeating this post but Helen Clark was interviewed at length by Oksana Boyko on Worlds Apart-RT television, and showed her depth of intellect, sincerity and abilty to give real answers to questions .
Such a contrast to our current PM.
http://rt.com/shows/worlds-apart-oksana-boyko/ Helen Clark
Thanks Rodel.
I remember when John Key first became prime minister there was a news item claiming Key’s IQ level was exactly the same as Clark’s ie. 131. It astonished me at the time because I would have given Helen a much higher IQ than Key. It was, of course, nothing but a load of C/T bullshit designed to hoodwink the public and it has worked.
I’m glad Helen Clark lost in 2008 because NZ no longer deserved her, and she’s now doing far greater good on the world stage. Key can never match her no matter how hard he tries.
I certainly agree NZ didn’t deserve her.
We needed someone who would address poverty, raise benefits, substantially improve workers’ rights, etc etc etc. Not someone who would preside over surplus after surplus while keeping wages and benefits down.
Clark’s chief legacy is *greater social inequality* in NZ.
Not to mention her performance in the Rogernomics government of the late 1980s.
In one budget Key has done more for beneficiaries than Clark did with nine years of surpluses. That’s not a plus for Key, because it is bugger all in the overall scheme of inequality and poverty; but it does indicate how bloody awful Clark-Cullen were.
Phil
what did he do for beneficiaires Phil, and how many?
I thought the Gini Coefficient stabilised under Clark, not Key?
@ Philip Ferguson
You are either in wilful denial of the facts or you need to get your head sorted. I know what happened in the 1980s because I was there. You obviously weren’t. Roger Douglas, Richard Prebble and co. hated and feared Helen Clark. From the time she was selected to be the Mt. Albert candidate in 1981 they and/or their supporters, started to spread false rumours about her – rumours that eventually spread throughout the country and played a role in her loss in 2008.
Since you’re inferring she was in the Douglas/Prebble camp I thought I just might mention the truth.
Clark- Cullen presided over New Zealand’s lowest unemployment rate of all the OECD countries….Lower than South Korea and they balanced 9 budgets. Credit where…?
John Key is no mug, I wouldnt be surprised if he had an IQ score equal to or greater than that of Helen Clark.
The difference between the two is how they utilized their intellegence and to what ends.
If you were to look at what John Key has achevied for his backers & supporters you could fairly say he has out performed Helen Clark and he has without doubt managed to do it without overly upsetting the voting populace.
I think he is underestimated by many on the left and it’s to our detriment.
Can’t agree cricklewood. Sure, he’s an ultra-clever and cunning bastard but there’s a big difference between that and over-all intellectual capacity. Helen Clark outstrips him all the way.
I thought that debate about Climate Change was an honest debate (Ha!), not looking at Rodney Hide of course.
Came across this which underlines just what we always thought, “And yet as the new documentary Merchants of Doubt makes clear, distorting science to favor corporate interests is a simple matter of the media quoting the right – or wrong — industry-funded think tank spokesperson. The result? Scientific truth is twisted, and left twisting the wind. “
http://boingboing.net/2015/06/12/meet-the-scientific-storytelle.html??
Which CC debate?
There is no honest debate but there are those who are dogged deniers and the article @4 describes the process used over the decades to muddy the waters -create doubt.
ok, I thought in your first sentence you were referring to something specific.
After watching Mihinrangi Forbes last night hold Hekia Parata to account on “Native Affairs” I had this wonderful dream of John Campbell and Mihinrangi teaming up to take over “Morning Report”, then I woke up to Suzie and Guyon and turned off the radio in disgust.
same!
I’ve been thinking what a wonderful show those two together would produce. Mihinrangi Forbes is just the most wonderful of interviewers. And John Campbell does a great job with putting people at easy to get to a story. Live on the internet – I wonder if people would pay?
The latest Campbell Live replacement show :
Media Works’ idiot bosses last night offered their dumbed down viewers more of
THIS
according to
THIS
account.
bon appétit!
lol and I was assured on FB that slater has decided the boycott of tv3 hasn’t worked.
His hatred of everything wholesome might have made him write it spontaneously, but apprently “his” article involves math and graphs.
If prayer is the last refuge of the damned, paying slater for puff pieces might be the penultimate refuge 🙂
Ha!
With the amount of stuff ups the government is making at the moment, how come the only Labour spokespeople I see on the news are Little and Twyford, and occasionally Robertson. Where is Goff on Auckland? Sepuloni on Social Bonds? Hipkins on Education? They should be all over the incompetence of the government like a rash.
Maybe they want just 1 or 2 to create a single focus for the public?
They should be relentless in their targeting of crap government policy. The words to repeat are government and incompetent.
agree
I would be teaming up phrases like
treating the public like fools
only an idiot would think…
must think the people of NZ are stupid and so on
In law as litigators you got taught when doing jury speeches to use those kinds of phrases cos human nature dictates that no one wants to think they are stupid or a fool..
Wow Mr Evans – just wow.
http://thedailyblog.co.nz/2015/06/16/malcolm-evans-fonterra/
Do feel for the Sharecroppers at the moment – I wonder how many will be forced off the farm this winter?
Special Event Notification
http://us1.campaign-archive1.com/?u=d03bf3ffcac549c7dc7888ef5&id=a7c9da6437&e=%5BUNIQID%5D
Scheduled for 9:30 AM Central European time on Wednesday, July 1
http://sefi2015.sciencesconf.org/resource/page/id/26
nice
A skinny flat white for afternoon break please!
http://www.stuff.co.nz/world/americas/69433411/jeb-bush-shows-off-noticeably-trim-figure-as-he-launches-2016-presidential-bid
“Let me have men about me that are fat;
Sleek-headed men and such as sleep o’ nights:
Yond Cassius has a lean and hungry look;
He thinks too much: such men are dangerous.”
– Shakespeare –
Now, who in the National caucus has been losing weight recently?
And Labour caucus?
Class and political conflict in New Zealand during and just after World War 2:
The secret history of World War 2 in New Zealand: https://rdln.wordpress.com/2011/07/20/the-secret-history-of-ww2/
Labour’s introduction of peacetime conscription and the fight against it: https://rdln.wordpress.com/2011/10/26/labours-introduction-of-peacetime-conscription-and-the-fight-against-it/
1949 Auckland carpenters’ dispute: Labour & bosses versus the workers: https://rdln.wordpress.com/2015/06/02/1949-auckland-carpenters-dispute-labour-bosses-versus-the-workers/
Behind the 1951 waterfront lockout: https://rdln.wordpress.com/2012/11/23/behind-the-1951-waterfront-lockout/
I’ve cracked it – John Key is channeling Peter Sellers.
Peter makes more sense than John though.
Dita de Boni and David Farrar paired on the Panel. Wish I had tuned in earlier as Dita is a great writer and perceptive.
Thanks.
Can listen to the various parts of the chat during the afternoon:
http://www.radionz.co.nz/national/programmes/thepanel
If you are looking this up after today, you will have to look for today’s upload by navigating from the top part with the different dates.
What the heck is this noise coming from?
http://www.stuff.co.nz/auckland/local-news/manukau-courier/69438439/explosive-noise-baffles-residents-in-mangere
Probably Special Air Service or similar doing urban training
Why the bloody hell can’t they just say so instead of scaring the crap out of residents? Stupid government!
The clue will be the local police
If the local cops don’t care about it then although they may not know what precisely it is, they will have been told that it is “official business” and that no inquiries are required.
I can’t remember doing it but sometime in the past I signed up for an email from Andrew Little – they pop in quite regularly. Good job whoever is responsible for this. I think Labour are doing okay at the moment and although I’m not a Labour voter I do support the left wholeheartedly. Sometimes to get the big rock out you have to move a few smaller rocks that block. Once they go, the big rock moves. . It’s a good strategy and doable because of the candidates. key is so vain he’ll sort himself out mostly.
He comes across as a bit pedantic sometimes but he knows exactly what he is doing. Twenty five years dealing with hot head unionists and recalcitrant employers has given him all the skills to be a first class leader. I have faith in him.
The Government is coming under pressure to relax the rules on the use of genetic engineering, which is bound to stir a public outcry.
Where will Labour position themselves?
pragmatically. In the meantime, they’ll probably call for a committee to be formed.
The international corporate sharemarket is the bubble Auckland housing market is our share of it