Us fed reserve today decides to continue its funny money looney economic policy. THE PM of nz has yet to offer his view of their policy to the president and he has put it on his agenda wirh david cameron.
Tracey it appears one persons ‘funny money loony economic policy’ is another’s economic orthodoxy,
What i would like to know is exactly where is all this supposed hyper-inflation in the US economy from the 80 odd billion dollars a month of money production by the Federal Reserve, the current means by which the US government is staving off the (inevitable???) collapse of it’s economy has so far caused insignificant amounts of inflation,
An economist would tell you that such inflation cannot occur when after a collapse of economy ‘money production’ is restrained inside the parameters of the economies highest point befor that economic collapse,
In other words X amount of money was in circulation at the point immediately prior to the collapse of economy, such a collapse reducing the money in circulation to x,
Remembering that to have reached the higher X amount of monies in circulation Y amount of inflation would have also occurred previously, by only ‘producing’ the monies to take that amount back to the previous X amount and no more, further inflation is avoided simply because that inflation occurred in previous years as the economy grew to have that X amount of monies in circulation.
The debatable point here in New Zealand is whether it would have been far more economically astute for the Government here after the GFC to simply ‘print’ the monies it has so far borrowed to keep the Government’s ‘spend’ at the same level as it was pre-GFC…
Its extremely difficult to generate hyper-inflation by issuing new money. What has happened in the US due to the Fed stuffing the financial system with excess reserves however is asset price inflation eg a share market bubble and the reflation of the housing bubble. This does most for the wealthy who hold these financial assets, and absolutely nothing for the unemployed person on the poverty line.
Its extremely difficult to generate hyper-inflation by issuing new money.
Actually, it’s very easy – just issue it to the workers instead of the banks. Of course, that wasn’t going to happen as the money was being issued solely to make the rich richer rather than having them fall over and become poor from all the “risk” that they took.
Actually, it’s very easy – just issue it to the workers instead of the banks.
I’ll counter this by saying that it doesn’t ever happen this way, unless there has also been widescale war, destruction of productive/human capacity, or a currency collapse forced by debts in foreign hard currency.
Yes Bernanke keeps priming the presses. After nearly 5 years of QE and interest rates close zero the US economy continues to need it’s fix and the Wall Street party continues.
I suspect Benanke’s doing a “Greenspan” and attempting to keep the ship afloat just long enough for him to get out when he stands down as chairman in January 2014.
Meanwhile he continues to hand cheap funny money to his mates to gamble in the Wall Street casino while robbing middle class savers, debasing the greenback and handing future taxpayers the bill.
This will all end very, very badly – I suspect Bernanke’s biggest concern is whether he can make it to January?
It does seem like madness that looks like it could implode at anytime. But Japan has been doing the same thing for decades and their zombie economy hasn’t imploded yet so maybe this will be the status quo for a very long time?
Geoff, yes I agree Japan have been doing a similar thing for decades but that has been in isoltaion. Trouble is that now US, UK, ECB & Japan are all doing it in a vain attempt to keep things afloat and there is no real evidence it’s working.
It’s not creating jobs or reflating economies. What it’s doing is allowing the market to mis-price risk and blow up unsustainable asset bubbles directing capital into asset speculation rather than business creation.
It’s taking from the 99% who are the very people needed to fuel the economy and who will ultimately pay the price for this madness.
The end game will come quickly when the reef fish turn and swim the other way – trouble is they will be swimming a damn sight faster away from the “shark” than they did towards the “food”.
Japan has been doing similar for a couple of decades, yes. But they were always backstopped by a strong trade and payments surplus.
As of a year or two ago that is now over, destroyed by China, Sth Korea, and also the many ongoing effects of the Fukushima disaster.
Bottom line: Japan is screwed. Kyle Bass expects a financial implosion there within 2 years, partly driven by the above, largely driven by the awful and shrinking demographics of the nation.
In this Herald article, a Kelly Global Workplace Index states that New Zealand has the highest workplace turnover, I found it interesting how the article tries to twist the narrative that the driver of our nations high job turnover is due to positive factors such as people changing jobs for personal growth and advancement, this is an example of quote:
“But now [they] can go out and get the jobs they want. Humans develop and want to be challenged and I see an increase in job turnover as a sign people are moving on and the economy is recovering.”
But I think the reality is the attached excerpt, from an advertisement from the situations vacant on Tuesday in our local paper, for a position in one of NZ’s largest freight companies:
“Applicants must be physically fit; have good writing and communication
skills; be capable of undertaking the duties expected of a truck driver; and be
prepared to work any day of the week with early starts and/or late finishes.”
The other day i made a comment referring to Russell Norman’s innate ability to get Ministers in this Slippery National Government to lie to Him at the Parliaments question time either with deliberation or by omission,
i was at the time having a good old laugh at the victim of Russell’s latest inquisition Conservation Minister Nick Smith who under a barrage of queries from Russell seemed to have denied ever asking to see the Draft of DOC’s report on the damming of the Tukituki River while if my memory serves me right denied ever reading the 40 odd page document,(later whittled down for some strange reason to just 2 paragraphs),
This morning RadioNZ National are reporting that they have seen a leaked email from a senior manager of DOC which directly instructed senior staff at DOC to send a copy of the full report to the Minister Nick Smith,
‘Didn’t ask to see the report’, ‘never read the report’, ‘never knew the draft existed’, naughty naughty Nick Smith expect Russell Norman to not only continue the inquisition but also to claim that the Parliament has deliberately been mislead…
I thought that too until I read who put that perspective on it… head of employers and manufacturers . Further down a professor has a different perspective.
I also read the bishop of wellington who earns 60k pa plus a house is taking a pay cut to assist people working for the church to earn a living wage. Compare that with fletchers policy here
Jonathan Ling (previous CEO), reacted to the GFC with decisive action and put a freeze on wages and salaries for eighteen months. (Cannot find link for this reported in media, just knew someone who worked there at the time).
Of course, this impacted on his income …. not at all. His bonuses went up to compensate.
Yeah, but don’t those guys take money out of people’s pay packets to build their funny buildings so they have somewhere to mumble to themselves on sundays?
Even the corgis will want to give the Key the old ankle chomp! Imagine being invited (only because you are PM) and then having the gall to ask if your family can come too – The newspapers are full of this in the UK!! – This is supposed to be an official trip to Balmoral isn’t it? I can’t imagine the Queen invited Jonkey because they are bosom buddies! And why does John Key always remind me of a Fagan/Uriah Heep hybrid? So many questions!!
Love the Heap! A singer who thinks the keyboard player is on the Moog simplifier, a guitarist named Mick Box, and a smacked up kiwi member of the 27 club on bass. ’73 was one of the great rock vintages.
Great to see Julie Ann Genter serving it to Brownlee in the House yesterday re transport in Auckland particularly delays to the City Rail Link. Brownlee forgot to oppose her tabling Auckland Trnasport’s report on the matter, so now the costs of the delay are on record.
Transport Blog is carrying the footage today so no need to repeat it. Also seemed pretty coordinated as a Parliamentary question with Labour’s Ian Lees-Galloway. Dare I hope for cooperation?
Well spotted Ad, I think we are going to see more obvious signs of cooperation between Labour and both the Greens and NZF till we win the election. Cunliffe said something along those lines earlier this week.
And can I just give a shout out to Iain Lees Galloway? Only halfway through his second term in parliament and entrusted with one of the top jobs. His work in his electorate is top class, something John Key acknowledged in the Epsom tea tapes when he told Banks the Nats had no chance of winning Palmy back (“he’s knocked on a lot of doors”). And he has built a huge activist base in a provincial town in a time where the LP has only two MP’s outside the big cities.
Have talked to Iain a fair bit and he has definitely impressed me. My relations and friends in his electorate always see him out and about at the local markets and other events. He’s been yet another talented Labour MP kept on the back burner due to the ABC bullshit.
yesterday i did a bit of a rant in this forum about just how dismal gower et.al. are/were at that basic journalistic-responsibility ..actual accurate ‘reporting’/’reportage’..
(citing their ‘it’s robertson!..it’s robertson!’..no..it’s jones..!..it’s jones..!..cunnliffe who?’-coverage of the recent labour leadership race..)
….i.e….reporting (hopefully) being a relating of as near as possible (given the limits of the time?format) of what has actually happened wherever to/by whom..
..and something at which gower et.al fail miserably..in their constant searches for gifs/angles to sneer along to..
..last nite in america..on the daily show..
..jon stewart said it all so much better..
..as he ripped into the american versions of gower et.al..
Oh Fuck unless Labour-Greens win next year John Key gets both the opening of the National Convention Centre but also get the homecoming and series of the America’s Cup.
This more than Cunliffe actually makes me want to start donating again. I just won’t be able to stand that amount of patriotism. (Unless Cunliffe got to front it! 😉 )
Agreed– the sport & politics mash sometimes throws up upsets (like a tighthead scrum). Helen & Tana pitched for RWC and John Key got to give the three-way. Trev opened the chequebook for Deano & Dalton and John will be at welcome home.
Speaking of Trev- if Cunliffe can confirm that Wainuiomata man won’t be speaker then this Waitakere man might be tempted back. 🙂
veutoviper. he will be fine with the queen, he expects to receive a knighthood from her, pacific leaders are merely savages diverting him from trips to the states. i agree he appeared disinterested and as though he could smell something offensive.
How hard is it for these idiots to grasp that the law is based on a person’s ability to make the right choice and that some mental illnesses remove a persons capability to make the right choice?
Also, it’s not like people who are ruled not guilty due to mental illness get off, often they’re committed to mental health institutions or have to live with the realisation of what they’ve done (which can lead to self-harming/suicide) on top of living with their condition(s).
Plus for maximum irony these muppets support the political parties which love to underfund mental health services resulting in less support hours and beds in mental health facilities…
I had one round in the chamber for the SST ; thanks NickS for echoing this story from RNZ last High Noon.
Pr 19:28. A corrupt witness mocks at justice, (yes, that is you Garth ),
and the mouth of the wicked gulps down evil.
(though I doubt the dude has the reckonin’ to be fig’rin’ all them words out) 😎
Firstly Soper has no proof that this is as direct a question as he claims and secondly, even if it were, the jobs are explicitly tied to the leadership. You don’t think Key kept Brash’s staff do you? Or that Judith Collins will keep Key’s?
“Labour Leader David Cunliffe, who championed the workers’ case against the Government’s industrial reforms, could be breaking the law himself.
Mr Cunliffe has been asking his staff who they supported during the leadership race and if it wasn’t him, then they’ve been sacked.”
[citation needed]
“More than 20 staff run the risk of losing their jobs now that Mr Cunliffe’s taken over.
Most of them are contracted to the Labour leader of the day which means all staff have to reapply for their jobs.”
So which is it Soper? Staff on contracts who have to reapply when the Leader changes, or Cunliffe sacking people who didn’t vote for him? And is it all staff or most staff?
he was also on the front bench last night for Lianne Dalziel’s valedictory .. two seats along
( away from the speaker) from where he used to sit and his body language suggested he would rather have been anywhere else on earth.
stab the puff-adder. Even a reptile like him should be able to understand the importance of these Heretaunga rivers and aquifers. I could see him squirming this way and that in Question Time Tuesday.’s Gone with the Wind.
The superphosphate the sheep and beef cockies have been dumping on the place for a 100 years has accumulated to be released over the coming hundred already. Dick!
Time for a campaign to get Parliament available on freeview with the aerial.At the moment you can only get it if you have a disc and open yourself up to the pay per view channels.
Is Parliament going to become pay per view too?
Why is democracy becoming a two tier system in New Zealand?
And radio broadcasts of Parliament extended beyond the main centres, the god botherer station kicked off its frequency and a youth/iwi/access RNZ2 implemented.
i Have an aerial for freeview (just no decoder at the mo’), yet I could watch Parliament on 22 (until it was returned to the lender). Now gotta save for a Freeview installed TV.
have to confess a weakness for these new LED Flatscreens; they can be quite hypnotic.
Compromise is such a b*tch at times. Still one cannot complain about the amount of connection possible with the rest of the world; Foreign News channels, The web, Google, Wikis, Youtube. And to sit in ones’ own warm abode with ready access to references. We are so privileged with opportunity when the necessary Scaffolding
(that was a rung) is made available. 😀
(even Greenspan laments the neglect of educational focus on maths and the sciences). It is not by accident that the Jewish faith, with their ongoing reconciliation of science with scripture are so successful economically: Ties that bind (Literally, and figuratively).
I was watching the a bill going through committee stages last night and if there were six people in the house that would probably be an over estimation.
What is the point of passing legislation if so few MP’s are in the house. This seems to be a constant feature of NZ parliament and I guess it is owed to the stupid system if allowing MP’s to vote courtesy of the whips. I wish we would go back to teh system of all members being required to be in house with a few exceptions made via ‘pairs’ which the opposition agree to allow government to effect its business. In all other cases if government wants to pass legislation they will need to endure a majority of their MP’s are present in the house
I see aunty amy is providing 15m for a new internet cable into nthland.
where was the govt when business was trying to get one into the middle of the north island where diversity is assured, and she says stn cross is good til 2020.
She will be slammed over this hopefully, FFS it must connect south of the current cable and stn cross is fine, you just have to get its owners to light it up.
Incompetant and easily led like alot of govt ministeds.
Hi folks just to let you kow that from 7pm tonight I will do a special live skype on The Daily Blog. I would like to invite all Standardistas to visit The Daily Blog.
but I just put a DVD on Dave. Man! Anyway, to all appearances, Tory spin aside, you and the team are doing well. IMO, breathe and think. You are your team are way smarter than your opposition. and Russel Norman is very capable in his role attacking those Ministers.
A great piece of advice I always give to clients before cross-examination is probably applicable to any media appearances – if you need to think about the answer for a bit, take a sip of water first. However, if that happens too often you’ll soon be seeking an adjournment for a toilet break 😀
The leadership hustings schedule was pretty merciless…and for David he had a full Sunday of events after the announcement, then straight into it on Monday in Wellington. And as he said, working to the early hours of every morning. Crazy shit.
No wonder Cunliffe looks so tired with all those chirps of feedback constantly haunting his words! Bomber seemed to be transmitting from a place several seconds away on the temporal dimension. Whereas Manning was almost jarringly well presented – which just made the other two’s tech glitches even more evident.
I ended up mostly just listening while browsing other pages (a sure recipe for missing bits, and much rewinding). However, I far prefer that discussion; with all it’s technical teething problems, to something like “The Vote” with much higher production values, but an impoverished discourse.
Here we have a communist, socialists, conservatives and others, also tertiary experts, discuss for a long time educational policy on public TV in Chile, which is hardly a “leftist” country these days.
So we can see that there, I can show you heaps more and better from Europe and other places, but we here in NZ are told such “public broadcasting” costs too much, we get brainwashed and inundated with commercial ads.
Nobody here seems to even bother with this, all being brainwashed to death. Are there any Kiwis, awake and caring about their sound states of mind, and independent thinking and information? Or are most of you happy with being brainwashed and dumbed down consumerist instruments?
I am shocked and dismayed, and I wish to be dead at times, as this society we have, is NOT worth living in.
Free education in NZ also, we are not getting it, at least the gifted and otherwise “deserving” must get it, but we now have fee payments and privatised education in NZ.
Division and segregation rule in NZ, once a country supposedly “egalitarian”, what a sick joke the present reality is.
Pay respect for one in the “stadium” in Santiago de Chile who were shot, tortured, and disposed off at open sea, off the shores of Chile!
Human rights is one thing, and there are other reasons, sadly too many in NZ are too scared to take a stand, while civil rights and so are transgressed daily, where are you Kiwis, got to care, do you care??? Too busy with America’s Cup, rugby and self fulfilling careers? I once thought this country stood for something, apparently no more?!
Shame on MOST NZ and NZers – for cowardice and never speaking out and up, it is the endless repeat of shame, that is what I see and read here and on every NZ blog! I wish I had never come back to this horrible and soulless place!
Sorry, distress has many words, sometimes over the top, and I suffer from ill health that expresses itself as above at times. I must admit that there are progressive people in this country, but sadly also many that do not care so much, and it is the latter that tend to drive me to despair and harsh criticism.
Few understand, but this is the subtle voice of peace and social unity, who cares these days, especially in NZ??
People who stand up, take a solid stand, dare to be hit and attacked, and stand their ground, and fight back, that is what free and democratic societies are made of, I see nonone in this country be gutful enough to care and take a stand! X
@ xtasy …you are being heard!!!!!…..many NZers have great sympathy for what the Chilean people went through after Allende was assasinated and under Pinochet…..In my 20s I used to work in a department building on the Terrace in Wellington with an older Chilean communist leader who was left for dead in Chile after a gunshot to the head….(he still had the scars)…..but was smuggled out by his friends ……and eventually came to NZ…He used to come into my office and tell us what had happened in Chile…..He was a very quiet , determined , inspiring man…..very strong
…..It is very hard for people who have never been through what Chileans have been through to understand the trauma……but we are sympathetic!!!!!.
….. To really get understanding it is best you talk to other Chileans who have been through the same thing
They have buckets of blood at their hands, as we know, but it is all “legal” according to “their laws”. Sad this is, what is though nothing new in the world, and which history proves.
Chooky – I despair at times, hence my “ranting” again last night. I met three young Chileans tonight, at a supermarket in Downtown Auckland. I had a chat and mentioned Camilla Vallejo, the former student leader there, and they all know her, and they all liked her! They had nothing good to say about the way capitalism is applied there.
Yes, I met a few Chileans on my travels, also in NZ. What excites me about Chile is that there people do dare to go out on the streets, and take a vocal stand, young and old. Of course the capitalist system that is out of control keeps many intimidated, also in Chile. Also Chileans love music and culture, and I respect them very much for that.
I am doing my bit of “stirring” up emotions and ideas, to hopefully get more locals here woken up and also take a stand, as you appear to be doing very well already.
A friend of mine has just been dealt out an appalling decision by the Health and Disability Commissioner, letting off the hook the worst hatchet doctor in Auckland, that is a WiNZ hatchet doctor. This will go public soon, and he will be named and shamed!
So he went out this afternoon to do a personal protest outside the HDC Office in Queen Street. We need much more of this to happen, otherwise we will lose the battle to commerce, the corrupt government and more.
@ xtasy….keep in touch with those vibrant Chileans… they know how to party and dance and make music and enjoy life!!!!…..NZers, many of us originated from that Blairite nation of “small shop keepers” …. but also have the Maori warrior class gene and the Celts’ …..So initially and superficially we may seem to be a bit ‘slow’ ….but once the going gets tough ……then…..(as was shown in the ’81 Springbok Tour)….the tough get going
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A listing of 25 news and opinion articles we found interesting and shared on social media during the past week: Sun, December 15, 2024 thru Sat, December 21, 2024. Based on feedback we received, this week's roundup is the first one published soleley by category. We are still interested in ...
Well, I've been there, sitting in that same chairWhispering that same prayer half a million timesIt's a lie, though buried in disciplesOne page of the Bible isn't worth a lifeThere's nothing wrong with youIt's true, it's trueThere's something wrong with the villageWith the villageSomething wrong with the villageSongwriters: Andrew Jackson ...
ACT would like to dictate what universities can and can’t say. We knew it was coming. It was outlined in the coalition agreement and has become part of Seymour’s strategy of “emphasising public funding” to prevent people from opposing him and his views—something he also uses to try and de-platform ...
Skeptical Science is partnering with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. This fact brief was written by Sue Bin Park from the Gigafact team in collaboration with members from our team. You can submit claims you think need checking via the tipline. Are we heading ...
So the Solstice has arrived – Summer in this part of the world, Winter for the Northern Hemisphere. And with it, the publication my new Norse dark-fantasy piece, As Our Power Lessens at Eternal Haunted Summer: https://eternalhauntedsummer.com/issues/winter-solstice-2024/as-our-power-lessens/ As previously noted, this one is very ‘wyrd’, and Northern Theory of Courage. ...
The Natural Choice: As a starter for ten percent of the Party Vote, “saving the planet” is a very respectable objective. Young voters, in particular, raised on the dire (if unheeded) warnings of climate scientists, and the irrefutable evidence of devastating weather events linked to global warming, vote Green. After ...
The Government cancelled 60% of Kāinga Ora’s new builds next year, even though the land for them was already bought, the consents were consented and there are builders unemployed all over the place. Photo: Lynn Grieveson / The KākāMōrena. Long stories short, the six things that mattered in Aotearoa’s political ...
Photo by CHUTTERSNAP on UnsplashEvery morning I get up at 3am to go around the traps of news sites in Aotearoa and globally. I pick out the top ones from my point of view and have been putting them into my Dawn Chorus email, which goes out with a podcast. ...
Over on Kikorangi Newsroom's Marc Daalder has published his annual OIA stats. So I thought I'd do mine: 82 OIA requests sent in 2024 7 posts based on those requests 20 average working days to receive a response Ministry of Justice was my most-requested entity, ...
Welcome to the December 2024 Economic Bulletin. We have two monthly features in this edition. In the first, we discuss what the Half Year Economic and Fiscal Update from Treasury and the Budget Policy Statement from the Minister of Finance tell us about the fiscal position and what to ...
The NZCTU Te Kauae Kaimahi have submitted against the controversial Treaty Principles Bill, slamming the Bill as a breach of Te Tiriti o Waitangi and an attack on tino rangatiratanga and the collective rights of Tangata Whenua. “This Bill seeks to legislate for Te Tiriti o Waitangi principles that are ...
I don't knowHow to say what's got to be saidI don't know if it's black or whiteThere's others see it redI don't get the answers rightI'll leave that to youIs this love out of fashionOr is it the time of yearAre these words distraction?To the words you want to hearSongwriters: ...
Our economy has experienced its worst recession since 1991. Photo: Lynn Grieveson / The KākāMōrena. Long stories short, the six things that matter in Aotearoa’s political economy around housing, climate and poverty on Friday, December 20 in The Kākā’s Dawn Chorus podcast above and the daily Pick ‘n’ Mix below ...
Twas the Friday before Christmas and all through the week we’ve been collecting stories for our final roundup of the year. As we start to wind down for the year we hope you all have a safe and happy Christmas and new year. If you’re travelling please be safe on ...
The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts & talking about the year’s news with: on climate. Her book of the year was Tim Winton’s cli-fi novel Juice and she also mentioned Mike Joy’s memoir The Fight for Fresh Water. ...
The Government can head off to the holidays, entitled to assure itself that it has done more or less what it said it would do. The campaign last year promised to “get New Zealand back on track.” When you look at the basic promises—to trim back Government expenditure, toughen up ...
Open access notables An intensification of surface Earth’s energy imbalance since the late 20th century, Li et al., Communications Earth & Environment:Tracking the energy balance of the Earth system is a key method for studying the contribution of human activities to climate change. However, accurately estimating the surface energy balance ...
Photo by Mauricio Fanfa on UnsplashKia oraCome and join us for our weekly ‘Hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm today.Jump on this link on YouTube Livestream for our chat about the week’s news with myself , plus regular guests and , ...
“Like you said, I’m an unreconstructed socialist. Everybody deserves to get something for Christmas.”“ONE OF THOSE had better be for me!” Hannah grinned, fascinated, as Laurie made his way, gingerly, to the bar, his arms full of gift-wrapped packages.“Of course!”, beamed Laurie. Depositing his armful on the bar-top and selecting ...
Data released by Statistics New Zealand today showed a significant slowdown in the economy over the past six months, with GDP falling by 1% in September, and 1.1% in June said CTU Economist Craig Renney. “The data shows that the size of the economy in GDP terms is now smaller ...
One last thing before I quitI never wanted any moreThan I could fit into my headI still remember every single word you saidAnd all the shit that somehow came along with itStill, there's one thing that comforts meSince I was always caged and now I'm freeSongwriters: David Grohl / Georg ...
Sparse offerings outside a Te Kauwhata church. Meanwhile, the Government is cutting spending in ways that make thousands of hungry children even hungrier, while also cutting funding for the charities that help them. It’s also doing that while winding back new building of affordable housing that would allow parents to ...
It is difficult to make sense of the Luxon Coalition Government’s economic management.This end-of-year review about the state of economic management – the state of the economy was last week – is not going to cover the National Party contribution. Frankly, like every other careful observer, I cannot make up ...
This morning I awoke to the lovely news that we are firmly back on track, that is if the scale was reversed.NZ ranks low in global economic comparisonsNew Zealand's economy has been ranked 33rd out of 37 in an international comparison of which have done best in 2024.Economies were ranked ...
Remember those silent movies where the heroine is tied to the railway tracks or going over the waterfall in a barrel? Finance Minister Nicola Willis seems intent on portraying herself as that damsel in distress. According to Willis, this country’s current economic problems have all been caused by the spending ...
Similar to the cuts and the austerity drive imposed by Ruth Richardson in the 1990’s, an era which to all intents and purposes we’ve largely fiddled around the edges with fixing in the time since – over, to be fair, several administrations – whilst trying our best it seems to ...
String-Pulling in the Dark: For the democratic process to be meaningful it must also be public. WITH TRUST AND CONFIDENCE in New Zealand’s politicians and journalists steadily declining, restoring those virtues poses a daunting challenge. Just how daunting is made clear by comparing the way politicians and journalists treated New Zealanders ...
Dear Nicola Willis, thank you for letting us know in so many words that the swingeing austerity hasn't worked.By in so many words I mean the bit where you said, Here is a sea of red ink in which we are drowning after twelve months of savage cost cutting and ...
The Open Government Partnership is a multilateral organisation committed to advancing open government. Countries which join are supposed to co-create regular action plans with civil society, committing to making verifiable improvements in transparency, accountability, participation, or technology and innovation for the above. And they're held to account through an Independent ...
Today I tuned into something strange: a press conference that didn’t make my stomach churn or the hairs on the back of my neck stand on end. Which was strange, because it was about the torture of children. It was the announcement by Erica Stanford — on her own, unusually ...
This is a must watch, and puts on brilliant and practical display the implications and mechanics of fast-track law corruption and weakness.CLICK HERE: LINK TO WATCH VIDEOOur news media as it is set up is simply not equipped to deal with the brazen disinformation and corruption under this right wing ...
NZCTU Te Kauae Kaimahi Acting Secretary Erin Polaczuk is welcoming the announcement from Minister of Workplace Relations and Safety Brooke van Velden that she is opening consultation on engineered stone and is calling on her to listen to the evidence and implement a total ban of the product. “We need ...
National has only been in power for a year, but everywhere you look, its choices are taking New Zealand a long way backwards. In no particular order, here are the National Government's Top 50 Greatest Misses of its first year in power. ...
The Government is quietly undertaking consultation on the dangerous Regulatory Standards Bill over the Christmas period to avoid too much attention. ...
The Government’s planned changes to the freedom of speech obligations of universities is little more than a front for stoking the political fires of disinformation and fear, placing teachers and students in the crosshairs. ...
The Ministry of Regulation’s report into Early Childhood Education (ECE) in Aotearoa raises serious concerns about the possibility of lowering qualification requirements, undermining quality and risking worse outcomes for tamariki, whānau, and kaiako. ...
A Bill to modernise the role of Justices of the Peace (JP), ensuring they remain active in their communities and connected with other JPs, has been put into the ballot. ...
Labour will continue to fight unsustainable and destructive projects that are able to leap-frog environment protection under National’s Fast-track Approvals Bill. ...
The Green Party has warned that a Green Government will revoke the consents of companies who override environmental protections as part of Fast-Track legislation being passed today. ...
The Green Party says the Half Year Economic and Fiscal Update shows how the Government is failing to address the massive social and infrastructure deficits our country faces. ...
The Government’s latest move to reduce the earnings of migrant workers will not only hurt migrants but it will drive down the wages of Kiwi workers. ...
Te Pāti Māori has this morning issued a stern warning to Fast-Track applicants with interests in mining, pledging to hold them accountable through retrospective liability and to immediately revoke Fast-Track consents under a future Te Pāti Māori government. This warning comes ahead of today’s third reading of the Fast-Track Approvals ...
The Government’s announcement today of a 1.5 per cent increase to minimum wage is another blow for workers, with inflation projected to exceed the increase, meaning it’s a real terms pay reduction for many. ...
All the Government has achieved from its announcement today is to continue to push responsibility back on councils for its own lack of action to help bring down skyrocketing rates. ...
The Government has used its final post-Cabinet press conference of the year to punch down on local government without offering any credible solutions to the issues our councils are facing. ...
The Government has failed to keep its promise to ‘super charge’ the EV network, delivering just 292 chargers - less than half of the 670 chargers needed to meet its target. ...
The Green Party is calling for the Government to stop subsidising the largest user of the country’s gas supplies, Methanex, following a report highlighting the multi-national’s disproportionate influence on energy prices in Aotearoa. ...
Health Minister Dr Shane Reti says people with diabetes and other painful conditions will benefit from a significant new qualification to boost training in foot care. “It sounds simple, but quality and regular foot and nail care is vital in preventing potentially serious complications from diabetes, like blisters or sores, which can take a long time to heal ...
Associate Health Minister with responsibility for Pharmac David Seymour is pleased to see Pharmac continue to increase availability of medicines for Kiwis with the government’s largest ever investment in Pharmac. “Pharmac operates independently, but it must work within the budget constraints set by the government,” says Mr Seymour. “When this government assumed ...
Mā mua ka kite a muri, mā muri ka ora e mua - Those who lead give sight to those who follow, those who follow give life to those who lead. Māori recipients in the New Year 2025 Honours list show comprehensive dedication to improving communities across the motu that ...
Minister of Internal Affairs Brooke van Velden is wishing all New Zealanders a great holiday season as Kiwis prepare for gatherings with friends and families to see in the New Year. It is a great time of year to remind everyone to stay fire safe over the summer. “I know ...
From 1 January 2025, first-time tertiary learners will have access to a new Fees Free entitlement of up to $12,000 for their final year of provider-based study or final two years of work-based learning, Tertiary Education and Skills Minister Penny Simmonds says. “Targeting funding to the final year of study ...
“As we head into one of the busiest times of the year for Police, and family violence and sexual violence response services, it’s a good time to remind everyone what to do if they experience violence or are worried about others,” Minister for the Prevention of Family and Sexual Violence ...
Kiwis planning a swim or heading out on a boat this summer should remember to stop and think about water safety, Sport & Recreation Minister Chris Bishop and ACC and Associate Transport Minister Matt Doocey say. “New Zealand’s beaches, lakes and rivers are some of the most beautiful in the ...
The Government is urging Kiwis to drive safely this summer and reminding motorists that Police will be out in force to enforce the road rules, Transport Minister Simeon Brown says.“This time of year can be stressful and result in poor decision-making on our roads. Whether you are travelling to see ...
Health Minister Dr Shane Reti says Health New Zealand will move swiftly to support dozens of internationally-trained doctors already in New Zealand on their journey to employment here, after a tripling of sought-after examination places. “The Medical Council has delivered great news for hardworking overseas doctors who want to contribute ...
Prime Minister Christopher Luxon has appointed Sarah Ottrey to the APEC Business Advisory Council (ABAC). “At my first APEC Summit in Lima, I experienced firsthand the role that ABAC plays in guaranteeing political leaders hear the voice of business,” Mr Luxon says. “New Zealand’s ABAC representatives are very well respected and ...
Prime Minister Christopher Luxon has announced four appointments to New Zealand’s intelligence oversight functions. The Honourable Robert Dobson KC has been appointed Chief Commissioner of Intelligence Warrants, and the Honourable Brendan Brown KC has been appointed as a Commissioner of Intelligence Warrants. The appointments of Hon Robert Dobson and Hon ...
Improvements in the average time it takes to process survey and title applications means housing developments can progress more quickly, Minister for Land Information Chris Penk says. “The government is resolutely focused on improving the building and construction pipeline,” Mr Penk says. “Applications to issue titles and subdivide land are ...
The Government’s measures to reduce airport wait times, and better transparency around flight disruptions is delivering encouraging early results for passengers ahead of the busy summer period, Transport Minister Simeon Brown says. “Improving the efficiency of air travel is a priority for the Government to give passengers a smoother, more reliable ...
The Government today announced the intended closure of the Apollo Hotel as Contracted Emergency Housing (CEH) in Rotorua, Associate Housing Minister Tama Potaka says. This follows a 30 per cent reduction in the number of households in CEH in Rotorua since National came into Government. “Our focus is on ending CEH in the Whakarewarewa area starting ...
The Government will reshape vocational education and training to return decision making to regions and enable greater industry input into work-based learning Tertiary Education and Skills Minister, Penny Simmonds says. “The redesigned system will better meet the needs of learners, industry, and the economy. It includes re-establishing regional polytechnics that ...
The Government is taking action to better manage synthetic refrigerants and reduce emissions caused by greenhouse gases found in heating and cooling products, Environment Minister Penny Simmonds says. “Regulations will be drafted to support a product stewardship scheme for synthetic refrigerants, Ms. Simmonds says. “Synthetic refrigerants are found in a ...
People travelling on State Highway 1 north of Hamilton will be relieved that remedial works and safety improvements on the Ngāruawāhia section of the Waikato Expressway were finished today, with all lanes now open to traffic, Transport Minister Simeon Brown says.“I would like to acknowledge the patience of road users ...
Tertiary Education and Skills Minister, Penny Simmonds, has announced a new appointment to the board of Education New Zealand (ENZ). Dr Erik Lithander has been appointed as a new member of the ENZ board for a three-year term until 30 January 2028. “I would like to welcome Dr Erik Lithander to the ...
The Government will have senior representatives at Waitangi Day events around the country, including at the Waitangi Treaty Grounds, but next year Prime Minister Christopher Luxon has chosen to take part in celebrations elsewhere. “It has always been my intention to celebrate Waitangi Day around the country with different ...
Two more criminal gangs will be subject to the raft of laws passed by the Coalition Government that give Police more powers to disrupt gang activity, and the intimidation they impose in our communities, Police Minister Mark Mitchell says. Following an Order passed by Cabinet, from 3 February 2025 the ...
Attorney-General Judith Collins today announced the appointment of Justice Christian Whata as a Judge of the Court of Appeal. Justice Whata’s appointment as a Judge of the Court of Appeal will take effect on 1 August 2025 and fill a vacancy created by the retirement of Hon Justice David Goddard on ...
The latest economic figures highlight the importance of the steps the Government has taken to restore respect for taxpayers’ money and drive economic growth, Finance Minister Nicola Willis says. Data released today by Stats NZ shows Gross Domestic Product fell 1 per cent in the September quarter. “Treasury and most ...
Tertiary Education and Skills Minister Penny Simmonds and Associate Minister of Education David Seymour today announced legislation changes to strengthen freedom of speech obligations on universities. “Freedom of speech is fundamental to the concept of academic freedom and there is concern that universities seem to be taking a more risk-averse ...
Police Minister, Mark Mitchell, and Internal Affairs Minister, Brooke van Velden, today launched a further Public Safety Network cellular service that alongside last year’s Cellular Roaming roll-out, puts globally-leading cellular communications capability into the hands of our emergency responders. The Public Safety Network’s new Cellular Priority service means Police, Wellington ...
State Highway 1 through the Mangamuka Gorge has officially reopened today, providing a critical link for Northlanders and offering much-needed relief ahead of the busy summer period, Transport Minister Simeon Brown says.“The Mangamuka Gorge is a vital route for Northland, carrying around 1,300 vehicles per day and connecting the Far ...
The Government has welcomed decisions by the NZ Transport Agency (NZTA) and Ashburton District Council confirming funding to boost resilience in the Canterbury region, with construction on a second Ashburton Bridge expected to begin in 2026, Transport Minister Simeon Brown says. “Delivering a second Ashburton Bridge to improve resilience and ...
The Government is backing the response into high pathogenic avian influenza (HPAI) in Otago, Biosecurity Minister Andrew Hoggard says. “Cabinet has approved new funding of $20 million to enable MPI to meet unbudgeted ongoing expenses associated with the H7N6 response including rigorous scientific testing of samples at the enhanced PC3 ...
Legislation that will repeal all advertising restrictions for broadcasters on Sundays and public holidays has passed through first reading in Parliament today, Media Minister Paul Goldsmith says. “As a growing share of audiences get their news and entertainment from streaming services, these restrictions have become increasingly redundant. New Zealand on ...
Today the House agreed to Brendan Horsley being appointed Inspector-General of Defence, Justice Minister Paul Goldsmith says. “Mr Horsley’s experience will be invaluable in overseeing the establishment of the new office and its support networks. “He is currently Inspector-General of Intelligence and Security, having held that role since June 2020. ...
Minister of Internal Affairs Brooke van Velden says the Government has agreed to the final regulations for the levy on insurance contracts that will fund Fire and Emergency New Zealand from July 2026. “Earlier this year the Government agreed to a 2.2 percent increase to the rate of levy. Fire ...
The Government is delivering regulatory relief for New Zealand businesses through changes to the Anti-Money Laundering and Countering Financing of Terrorism Act. “The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill, which was introduced today, is the second Bill – the other being the Statutes Amendment Bill - that ...
Transport Minister Simeon Brown has welcomed further progress on the Hawke’s Bay Expressway Road of National Significance (RoNS), with the NZ Transport Agency (NZTA) Board approving funding for the detailed design of Stage 1, paving the way for main works construction to begin in late 2025.“The Government is moving at ...
The Government today released a request for information (RFI) to seeking interest in partnerships to plant trees on Crown-owned land with low farming and conservation value (excluding National Parks) Forestry Minister Todd McClay announced. “Planting trees on Crown-owned land will drive economic growth by creating more forestry jobs in our regions, providing more wood ...
Court timeliness, access to justice, and improving the quality of existing regulation are the focus of a series of law changes introduced to Parliament today by Associate Minister of Justice Nicole McKee. The three Bills in the Regulatory Systems (Justice) Amendment Bill package each improve a different part of the ...
A total of 41 appointments and reappointments have been made to the 12 community trusts around New Zealand that serve their regions, Associate Finance Minister Shane Jones says. “These trusts, and the communities they serve from the Far North to the deep south, will benefit from the rich experience, knowledge, ...
The Government has confirmed how it will provide redress to survivors who were tortured at the Lake Alice Psychiatric Hospital Child and Adolescent Unit (the Lake Alice Unit). “The Royal Commission of Inquiry into Abuse in Care found that many of the 362 children who went through the Lake Alice Unit between 1972 and ...
It has been a busy, productive year in the House as the coalition Government works hard to get New Zealand back on track, Leader of the House Chris Bishop says. “This Government promised to rebuild the economy, restore law and order and reduce the cost of living. Our record this ...
“Accelerated silicosis is an emerging occupational disease caused by unsafe work such as engineered stone benchtops. I am running a standalone consultation on engineered stone to understand what the industry is currently doing to manage the risks, and whether further regulatory intervention is needed,” says Workplace Relations and Safety Minister ...
Mehemea he pai mō te tangata, mahia – if it’s good for the people, get on with it. Enhanced reporting on the public sector’s delivery of Treaty settlement commitments will help improve outcomes for Māori and all New Zealanders, Māori Crown Relations Minister Tama Potaka says. Compiled together for the ...
Mr Roger Holmes Miller and Ms Tarita Hutchinson have been appointed to the Charities Registration Board, Community and Voluntary Sector Minister Louise Upston says. “I would like to welcome the new members joining the Charities Registration Board. “The appointment of Ms Hutchinson and Mr Miller will strengthen the Board’s capacity ...
By Maram Humaid in Deir el-Balah, Gaza Journalists gathered at Gaza’s Al-Aqsa Martyrs’ Hospital expressed outrage and confusion about the Palestinian Authority’s (PA) decision to shut down Al Jazeera’s office in the occupied West Bank. “Shutting down a major outlet like Al Jazeera is a crime against journalism,” said freelance ...
Report by Dr David Robie – Café Pacific. – COMMENTARY: By Katrina Mitchell-Kouttab As 2024 came to a close and we have stepped into a new year overshadowed by ongoing atrocities, have you stopped to consider how these events are reshaping your world? Did you notice how your future ...
By Talaia Mika of the Cook Islands News The Cook Islands will not pursue membership in the United Nations and the Commonwealth due to its inability to meet the criteria for UN membership and existing relationship with New Zealand, which fulfils Commonwealth membership requirements. Prime Minister Mark Brown has clarified ...
Source: The Conversation (Au and NZ) – By Ary Hoffmann, Professor, School of BioSciences and Bio21 Institute, The University of Melbourne Drosophila melanogaster.Deep Scope/Shutterstock The common fruit fly (Drosophila melanogaster), more correctly called the vinegar fly, is a frequent visitor to ripe fruit in households around the world, where ...
Source: The Conversation (Au and NZ) – By Konstantine Panegyres, McKenzie Postdoctoral Fellow, researching Greco-Roman antiquity, The University of Melbourne Imagine a summer holiday at a seaside resort, with days spent sunbathing, reading books, exploring nature and chatting with friends. Sounds like it could be anywhere in Australia or ...
Source: The Conversation (Au and NZ) – By Francesca Storey, Deputy Director Te Tātai Hauora o Hine – National Centre for Women’s Health Research Aotearoa, Te Herenga Waka — Victoria University of Wellington After committing to a global plan to eliminate cervical cancer, New Zealand is lagging behind Australia and ...
Source: The Conversation (Au and NZ) – By Myron Zalucki, Professor in Biological Sciences, The University of Queensland Kathy Reid, CC BY-SA Monarch butterflies (Danaus plexippus) appear to be declining not just in North America but also in Australiasia. Could this be a consequence of global change, including ...
Source: The Conversation (Au and NZ) – By Maria Skyllas-Kazacos, Professor Emeritus, School of Chemical Engineering, UNSW Sydney As more and more solar and wind energy enters Australia’s grid, we will need ways to store it for later. We can store electricity in several different ways, from pumped hydroelectric ...
Source: The Conversation (Au and NZ) – By Christine McCarthy, Senior Lecturer in Interior Architecture, Te Herenga Waka — Victoria University of Wellington View of Kororāreka in the Bay of Islands, 1845, by George Thomas Clayton.via Wikimedia Commons, CC BY New Zealand’s first jail was a simple affair, just ...
Source: The Conversation (Au and NZ) – By Noor Gillani, Digital Culture Editor Shutterstock You’re standing at the centre of an expansive art gallery, overwhelmed by what’s in front of you: panel after panel of stupendous works – densely-written labels affixed next to each piece. These labels may offer ...
Dame Tariana Turia has died aged 80 in Whangaehu overnight.The founder and former co-leader of Te Pāti Māori suffered a stroke earlier this week and was said not to have long left.A press release from Te Ranga Tupua said she had died in the early hours of Friday morning. “A mother ...
An $80 million subantarctic pest eradication project is being backed by a high-profile conservation charity targeting wealthy individuals.Since it was established in 2000, NZ Nature Fund has raised $5 million for project-specific conservation work, including $1.2 million over the past year. Projects, often managed by the Department of Conservation (DoC), ...
Opinion: When it was first published in 2016, JD Vance’s Hillbilly Elegy was hailed by Britain’s Sunday Times as “the political book of the year”. The Independent described it as “an insight into Trump and Brexit”.Hillbilly Elegy is an autobiographical account of Vance’s life, growing up in a poor, white ...
Sport is a place where ‘real’ fans are often assumed to be men. Global research tells us that female fans of live men’s sport often face misogynistic and homophobic environments that include swearing, drunkenness and yelling negative comments and abuse at opponents and referees. In men’s sport, a quick skim through ...
Summer reissue: Books editor Claire Mabey reviews poet Louise Wallace’s debut novel. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today.A famous poet once said to ...
Summer reissue: Alex Casey talks a stroll through headlines detailing hundreds of beached kiwifruit, dozens of mailbox sausages and one giant mystery ham. The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up ...
Summer reissue: Hera Lindsay Bird on her Bildungsroman.The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today.I would never have gone to Germany if it wasn’t ...
Summer reissue: When we insert ourselves into the lives of animals, we become complicit in their fates.The Spinoff needs to double the number of paying members we have to continue telling these kinds of stories. Please read our open letter and sign up to be a member today.Before ...
Summer reissue: With specialist mental health services in ‘chaos’, people who need help end up in destructive cycles and prison. Experts say there are solutions, but is political will and leadership lacking? The Spinoff needs to double the number of paying members we have to continue telling these kinds of ...
By Cheerieann Wilson in Suva Fiji’s Office of the President has confirmed that the Tribunal’s report on allegations of misconduct against suspended Director of Public Prosecutions Christopher Pryde does not need to be made public at this stage. The tribunal, chaired by Justice Anare Tuilevuka with Justices Chaitanya Lakshman and ...
By Anish Chand in Suva Virgin Australia has confirmed a “serious security incident” with its flight crew members who were in Fiji on New Year’s Day. Virgin Australia’s chief operating officer Stuart Aggs said the incident took place on Tuesday night – New Year’s Eve The crew members were in ...
Pacific Media Watch The New York-based global media watchdog Committee to Protect Journalists has condemned a decision by the Palestinian Authority to suspend Al Jazeera’s operations in the West Bank and called for it to be reversed “immediately”. “Governments resort to censoring news outlets when they have something to hide,” ...
By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk An emergency 231 million euro (NZ$428 million) French aid package for New Caledonia has been reduced by one third because of the French Pacific territory’s current political crisis. The initial French package was endorsed in early December 2024, in an 11th-hour ...
Source: The Conversation (Au and NZ) – By Darius von Guttner Sporzynski, Researcher, Historian, Australian Catholic University Stone statue of Saint Isidore of Seville at the National Library of Spain.WH_Pics/Shutterstock In a world where information flows freely, it’s easy to forget that, for centuries, knowledge was much harder to ...
Source: The Conversation (Au and NZ) – By Swee-Hoon Chuah, Professor of Behavioural Economics, Tasmanian Behavioural Lab, University of Tasmania Shutterstock Chances are that the end of the year has made you assess some of your 2024 New Year’s resolutions. Perhaps you, like us, bought a home spin bike ...
Source: The Conversation (Au and NZ) – By Nick Fuller, Clinical Trials Director, Department of Endocrinology, RPA Hospital, University of Sydney Allgo/Unsplash As we enter a new year armed with resolutions to improve our lives, there’s a good chance we’ll also be carrying something less helpful: extra kilos. At ...
Source: The Conversation (Au and NZ) – By Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University ijimino, Shutterstock Parasite, zombie, leech – these words are often used to describe people in unkind ways. Many of us recoil when ticks, tapeworms, fleas, ...
Summer reissue: As tens of thousands showed their support for the hīkoi to parliament, the organisers were busy behind the scenes ensuring things run smoothly. For many, this was their first time leading a kaupapa of this scale – and it wasn’t all easy.The Spinoff needs to double the ...
Source: The Conversation (Au and NZ) – By Rod McNaughton, Professor of Entrepreneurship, University of Auckland, Waipapa Taumata Rau Startups have always been at the forefront of innovation. But factors such as artificial intelligence (AI), sustainability and decentralisation are set to reshape industries in 2025. Businesses are defined as startups ...
Source: The Conversation (Au and NZ) – By Susan Hazel, Associate Professor, School of Animal and Veterinary Science, University of Adelaide Shutterstock According to Britannica, “art” can be described as something “consciously created through an expression of skill or imagination” – whereas Wikipedia defines it more narrowly as a ...
Summer reissue: Married at First Sight superfan Tara Ward charges down the aisle to meet this season’s brightest star.It is a Thursday afternoon, and I am staring deep into Lucinda Light’s eyes. It feels like my own personal version of the eye gazing task on Married At First Sight ...
Us fed reserve today decides to continue its funny money looney economic policy. THE PM of nz has yet to offer his view of their policy to the president and he has put it on his agenda wirh david cameron.
Tracey it appears one persons ‘funny money loony economic policy’ is another’s economic orthodoxy,
What i would like to know is exactly where is all this supposed hyper-inflation in the US economy from the 80 odd billion dollars a month of money production by the Federal Reserve, the current means by which the US government is staving off the (inevitable???) collapse of it’s economy has so far caused insignificant amounts of inflation,
An economist would tell you that such inflation cannot occur when after a collapse of economy ‘money production’ is restrained inside the parameters of the economies highest point befor that economic collapse,
In other words X amount of money was in circulation at the point immediately prior to the collapse of economy, such a collapse reducing the money in circulation to x,
Remembering that to have reached the higher X amount of monies in circulation Y amount of inflation would have also occurred previously, by only ‘producing’ the monies to take that amount back to the previous X amount and no more, further inflation is avoided simply because that inflation occurred in previous years as the economy grew to have that X amount of monies in circulation.
The debatable point here in New Zealand is whether it would have been far more economically astute for the Government here after the GFC to simply ‘print’ the monies it has so far borrowed to keep the Government’s ‘spend’ at the same level as it was pre-GFC…
Its extremely difficult to generate hyper-inflation by issuing new money. What has happened in the US due to the Fed stuffing the financial system with excess reserves however is asset price inflation eg a share market bubble and the reflation of the housing bubble. This does most for the wealthy who hold these financial assets, and absolutely nothing for the unemployed person on the poverty line.
Funny that.
Actually, it’s very easy – just issue it to the workers instead of the banks. Of course, that wasn’t going to happen as the money was being issued solely to make the rich richer rather than having them fall over and become poor from all the “risk” that they took.
I’ll counter this by saying that it doesn’t ever happen this way, unless there has also been widescale war, destruction of productive/human capacity, or a currency collapse forced by debts in foreign hard currency.
Good grief.
Doing your Charlie Brown act again?
Yes Bernanke keeps priming the presses. After nearly 5 years of QE and interest rates close zero the US economy continues to need it’s fix and the Wall Street party continues.
I suspect Benanke’s doing a “Greenspan” and attempting to keep the ship afloat just long enough for him to get out when he stands down as chairman in January 2014.
Meanwhile he continues to hand cheap funny money to his mates to gamble in the Wall Street casino while robbing middle class savers, debasing the greenback and handing future taxpayers the bill.
This will all end very, very badly – I suspect Bernanke’s biggest concern is whether he can make it to January?
It does seem like madness that looks like it could implode at anytime. But Japan has been doing the same thing for decades and their zombie economy hasn’t imploded yet so maybe this will be the status quo for a very long time?
Geoff, yes I agree Japan have been doing a similar thing for decades but that has been in isoltaion. Trouble is that now US, UK, ECB & Japan are all doing it in a vain attempt to keep things afloat and there is no real evidence it’s working.
It’s not creating jobs or reflating economies. What it’s doing is allowing the market to mis-price risk and blow up unsustainable asset bubbles directing capital into asset speculation rather than business creation.
It’s taking from the 99% who are the very people needed to fuel the economy and who will ultimately pay the price for this madness.
The end game will come quickly when the reef fish turn and swim the other way – trouble is they will be swimming a damn sight faster away from the “shark” than they did towards the “food”.
Japan has been doing similar for a couple of decades, yes. But they were always backstopped by a strong trade and payments surplus.
As of a year or two ago that is now over, destroyed by China, Sth Korea, and also the many ongoing effects of the Fukushima disaster.
Bottom line: Japan is screwed. Kyle Bass expects a financial implosion there within 2 years, partly driven by the above, largely driven by the awful and shrinking demographics of the nation.
Alan Greenspan: The Age of Turbulence and the ‘creative destruction’ it makes.
This is what hardship looks like for one of the 1% when they have been caught doing something against the law.
http://m.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11126767
Looks like Nick Smith has been caught telling porkies in parliament. Again.
http://www.radionz.co.nz/news/regional/222109/minister-voiced-dam-submission-concerns
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11126754
In this Herald article, a Kelly Global Workplace Index states that New Zealand has the highest workplace turnover, I found it interesting how the article tries to twist the narrative that the driver of our nations high job turnover is due to positive factors such as people changing jobs for personal growth and advancement, this is an example of quote:
“But now [they] can go out and get the jobs they want. Humans develop and want to be challenged and I see an increase in job turnover as a sign people are moving on and the economy is recovering.”
But I think the reality is the attached excerpt, from an advertisement from the situations vacant on Tuesday in our local paper, for a position in one of NZ’s largest freight companies:
“Applicants must be physically fit; have good writing and communication
skills; be capable of undertaking the duties expected of a truck driver; and be
prepared to work any day of the week with early starts and/or late finishes.”
Nothing to do with growth, everything to do with some of the poorest work conditions in the oecd!
Then there is the lowest quality of management seen anywhere in the world I’ve ever experienced!
Truly so awful, it defies belief.
The articles premise, is ridiculous!
The other day i made a comment referring to Russell Norman’s innate ability to get Ministers in this Slippery National Government to lie to Him at the Parliaments question time either with deliberation or by omission,
i was at the time having a good old laugh at the victim of Russell’s latest inquisition Conservation Minister Nick Smith who under a barrage of queries from Russell seemed to have denied ever asking to see the Draft of DOC’s report on the damming of the Tukituki River while if my memory serves me right denied ever reading the 40 odd page document,(later whittled down for some strange reason to just 2 paragraphs),
This morning RadioNZ National are reporting that they have seen a leaked email from a senior manager of DOC which directly instructed senior staff at DOC to send a copy of the full report to the Minister Nick Smith,
‘Didn’t ask to see the report’, ‘never read the report’, ‘never knew the draft existed’, naughty naughty Nick Smith expect Russell Norman to not only continue the inquisition but also to claim that the Parliament has deliberately been mislead…
“Didn’t ask to see the report’, ‘never read the report’, ‘never knew the draft existed’,”
Must have been taking lessons from the same guy that Shonky uses. Next will come the convenient brain fades.
Lolz, being as charitable as possible to Nick i have to point out there is no evidence of Him being in possession of one in the first place…
True, but there is now evidence that he did know that it existed and that he asked for it.
Sarbo
I thought that too until I read who put that perspective on it… head of employers and manufacturers . Further down a professor has a different perspective.
I also read the bishop of wellington who earns 60k pa plus a house is taking a pay cut to assist people working for the church to earn a living wage. Compare that with fletchers policy here
http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11126712
Jonathan Ling (previous CEO), reacted to the GFC with decisive action and put a freeze on wages and salaries for eighteen months. (Cannot find link for this reported in media, just knew someone who worked there at the time).
Of course, this impacted on his income …. not at all. His bonuses went up to compensate.
Did look for link for above, and instead found this – interesting that the Herald and Stuff has two contradictory headlines within the space of one day:
Ling’s pay doubles, but bonus suffers Herald – 25 Sept 2010
Fletcher’s boss gets profits back as profits return Stuff – 24 Sept 2010
SNAFU
Knew “interesting” was not the word I was looking for. Thanks DTB.
Yeah, but don’t those guys take money out of people’s pay packets to build their funny buildings so they have somewhere to mumble to themselves on sundays?
Bad and sanctuary. Nick is slow to learn from tge boss. He should have prefaced with…
I have no recollection of…
I may have but I dont remember…
anyone its just the environment… right?
At last we have in John Key a Prime Minister who is a genuine world-class statesman.
Right up there with Nixon and Berlusconi…
an amusing snippet of vid on tvone breakfast..
..key tugging his forelock/clasping his kness..while cameron lectures him..
..a serial-bullshitter..being fed bullshit..by another serial-bullshitter..
..and funny story..!..key looked uncomfortable..at being bullshitted to..
..(you’d think he’d be more ‘quite-relaxed’ in that ouvre..eh..?..)
..and funny story part two:..both the bullshitter and the bullshittee..
..they both know it is all total bullshit…eh..?
..in fact..it was/is ‘literally’.. a masterclass in bullshitting..
..phillip ure..
sorry phillip .. methinks maybe ‘oeuvre’ not ‘ouvre’ (as in open) ? ( just helping out here as you are always so precise !!) 🙂
heh..!
philip ure..
“At last we have in John Key a Prime Minister who is a genuine world-class statesman.”
Not according to the Pacific News report on Morning Report today!
http://www.radionz.co.nz/national/programmes/morningreport/audio/2569790/pacific-news-for-19-september-2013
Starting at 2.58 in, remarks made by a Marshall Island Cabinet Minister about Key’s attitude at the recent Pacific Island Forum included
– “did not seem connected in an impressive manner”,
– “seemed odd”
– “offhanded and not in good form”.
Does not bode well for his weekend with the Queen!
Even the corgis will want to give the Key the old ankle chomp! Imagine being invited (only because you are PM) and then having the gall to ask if your family can come too – The newspapers are full of this in the UK!! – This is supposed to be an official trip to Balmoral isn’t it? I can’t imagine the Queen invited Jonkey because they are bosom buddies! And why does John Key always remind me of a Fagan/Uriah Heep hybrid? So many questions!!
cos’ he’s been Stealin’ when he should’a been bye-in’
Love the Heap! A singer who thinks the keyboard player is on the Moog simplifier, a guitarist named Mick Box, and a smacked up kiwi member of the 27 club on bass. ’73 was one of the great rock vintages.
http://en.wikipedia.org/wiki/Gary_Thain
A Kerslake fan
Nixon and Berlusconi . . . and Mussolini
Great to see Julie Ann Genter serving it to Brownlee in the House yesterday re transport in Auckland particularly delays to the City Rail Link. Brownlee forgot to oppose her tabling Auckland Trnasport’s report on the matter, so now the costs of the delay are on record.
Transport Blog is carrying the footage today so no need to repeat it. Also seemed pretty coordinated as a Parliamentary question with Labour’s Ian Lees-Galloway. Dare I hope for cooperation?
Well spotted Ad, I think we are going to see more obvious signs of cooperation between Labour and both the Greens and NZF till we win the election. Cunliffe said something along those lines earlier this week.
And can I just give a shout out to Iain Lees Galloway? Only halfway through his second term in parliament and entrusted with one of the top jobs. His work in his electorate is top class, something John Key acknowledged in the Epsom tea tapes when he told Banks the Nats had no chance of winning Palmy back (“he’s knocked on a lot of doors”). And he has built a huge activist base in a provincial town in a time where the LP has only two MP’s outside the big cities.
Yeah. It has been impressive to watch.
Have talked to Iain a fair bit and he has definitely impressed me. My relations and friends in his electorate always see him out and about at the local markets and other events. He’s been yet another talented Labour MP kept on the back burner due to the ABC bullshit.
I have observed Iain Lees Galloway to be cogent speaker.
CRL and the CFN in Parliament
yesterday i did a bit of a rant in this forum about just how dismal gower et.al. are/were at that basic journalistic-responsibility ..actual accurate ‘reporting’/’reportage’..
(citing their ‘it’s robertson!..it’s robertson!’..no..it’s jones..!..it’s jones..!..cunnliffe who?’-coverage of the recent labour leadership race..)
….i.e….reporting (hopefully) being a relating of as near as possible (given the limits of the time?format) of what has actually happened wherever to/by whom..
..and something at which gower et.al fail miserably..in their constant searches for gifs/angles to sneer along to..
..last nite in america..on the daily show..
..jon stewart said it all so much better..
..as he ripped into the american versions of gower et.al..
http://www.thedailyshow.com/full-episodes/tue-september-17-2013-jake-gyllenhaal
phillip ure..
Oh Fuck unless Labour-Greens win next year John Key gets both the opening of the National Convention Centre but also get the homecoming and series of the America’s Cup.
This more than Cunliffe actually makes me want to start donating again. I just won’t be able to stand that amount of patriotism. (Unless Cunliffe got to front it! 😉 )
Agreed– the sport & politics mash sometimes throws up upsets (like a tighthead scrum). Helen & Tana pitched for RWC and John Key got to give the three-way. Trev opened the chequebook for Deano & Dalton and John will be at welcome home.
Speaking of Trev- if Cunliffe can confirm that Wainuiomata man won’t be speaker then this Waitakere man might be tempted back. 🙂
veutoviper. he will be fine with the queen, he expects to receive a knighthood from her, pacific leaders are merely savages diverting him from trips to the states. i agree he appeared disinterested and as though he could smell something offensive.
Perhaps worried that while He is away Judith Collins will play…
in case you missed this lovely funny piece a few days back .. advice to Key for hanging out with Her Madge … I laughed out loud !!
http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=11125055
I had a good laugh also when I saw it – and at some of the comments. I recall reading somewhere that grouse shooting might also be on the programme ……
I wonder whether his DPS minders also got an invitation?
He could possibly smell sweat, in his cologne cocoon of highly mannered artificial living and behaving the human smell would be unusual and unwelcome.
http://tvnz.co.nz/national-news/push-change-verdicts-mentally-ill-5587162
Fuck the Sensible Sentencing Trust.
How hard is it for these idiots to grasp that the law is based on a person’s ability to make the right choice and that some mental illnesses remove a persons capability to make the right choice?
Also, it’s not like people who are ruled not guilty due to mental illness get off, often they’re committed to mental health institutions or have to live with the realisation of what they’ve done (which can lead to self-harming/suicide) on top of living with their condition(s).
Plus for maximum irony these muppets support the political parties which love to underfund mental health services resulting in less support hours and beds in mental health facilities…
Yesterdays nine to noon – Simon Moore, John Dawson and Ruth Money
http://podcast.radionz.co.nz/ntn/ntn-20130918-0907-increased_number_of_acquitted_crimes_on_mental_health_grounds-048.mp3
I had one round in the chamber for the SST ; thanks NickS for echoing this story from RNZ last High Noon.
Pr 19:28. A corrupt witness mocks at justice, (yes, that is you Garth ),
and the mouth of the wicked gulps down evil.
(though I doubt the dude has the reckonin’ to be fig’rin’ all them words out) 😎
Is the year’s biggest Hollywood blockbuster a Marxist polemic?
http://readingthemaps.blogspot.co.nz/2013/09/floating-to-elysium.html
An interesting, and sad article thanks ultra-left.I always find the articles at readingthemaps very interesting and expansive to the world-view.
http://www.newstalkzb.co.nz/auckland/news/nbpol/1171021875-labour-staff-questioned-on-their-loyalty-to-cunliffe
– This is good, cunliffe needs to weed out the non-believers
Whadda loada crap!
Firstly Soper has no proof that this is as direct a question as he claims and secondly, even if it were, the jobs are explicitly tied to the leadership. You don’t think Key kept Brash’s staff do you? Or that Judith Collins will keep Key’s?
Jonolism at its finest!
Thats why I’m saying its good, hes having a clean out of dead wood and replacing with his own people which will strengthen his grip on the party
“Labour Leader David Cunliffe, who championed the workers’ case against the Government’s industrial reforms, could be breaking the law himself.
Mr Cunliffe has been asking his staff who they supported during the leadership race and if it wasn’t him, then they’ve been sacked.”
[citation needed]
“More than 20 staff run the risk of losing their jobs now that Mr Cunliffe’s taken over.
Most of them are contracted to the Labour leader of the day which means all staff have to reapply for their jobs.”
So which is it Soper? Staff on contracts who have to reapply when the Leader changes, or Cunliffe sacking people who didn’t vote for him? And is it all staff or most staff?
I agree TRP, jonolism at its finest.
Where is Shearer?
I spotted him sitting in a backrow seat on TV in Question Time today looking very relaxed. Question 3 or 4 from memory.
he was also on the front bench last night for Lianne Dalziel’s valedictory .. two seats along
( away from the speaker) from where he used to sit and his body language suggested he would rather have been anywhere else on earth.
so when are the proles with only a uhf aerial going to get parliament on freeview or is it restricted to disc and sky subscribers only?
Looks like another National minister is about to be slaughtered.
https://www.ipredict.co.nz/app.php?do=contract_detail&contract=MIN.DEPART.2013.2
Any guesses who it is?
Nick Smith? Can’t see him surviving another scandal!
stab the puff-adder. Even a reptile like him should be able to understand the importance of these Heretaunga rivers and aquifers. I could see him squirming this way and that in Question Time Tuesday.’s Gone with the Wind.
The superphosphate the sheep and beef cockies have been dumping on the place for a 100 years has accumulated to be released over the coming hundred already. Dick!
Time for a campaign to get Parliament available on freeview with the aerial.At the moment you can only get it if you have a disc and open yourself up to the pay per view channels.
Is Parliament going to become pay per view too?
Why is democracy becoming a two tier system in New Zealand?
And Select Committee hearings should be televised.
And radio broadcasts of Parliament extended beyond the main centres, the god botherer station kicked off its frequency and a youth/iwi/access RNZ2 implemented.
i Have an aerial for freeview (just no decoder at the mo’), yet I could watch Parliament on 22 (until it was returned to the lender). Now gotta save for a Freeview installed TV.
You can buy plain decoders for under a $100
or $500 if you want to record stuff
plain decoders that take a flash drive/USB stick, all done for less than $150
have to confess a weakness for these new LED Flatscreens; they can be quite hypnotic.
Compromise is such a b*tch at times. Still one cannot complain about the amount of connection possible with the rest of the world; Foreign News channels, The web, Google, Wikis, Youtube. And to sit in ones’ own warm abode with ready access to references. We are so privileged with opportunity when the necessary Scaffolding
(that was a rung) is made available. 😀
(even Greenspan laments the neglect of educational focus on maths and the sciences). It is not by accident that the Jewish faith, with their ongoing reconciliation of science with scripture are so successful economically: Ties that bind (Literally, and figuratively).
I don’t understand. I have freeview with a UHF aerial and a freeview box/myfreeview, and can watch parliament..
Try doing a full re-scan on your Freeview box. It should be there. Have a look at this page:
http://www.freeviewnz.tv/tv-guide/freeview-channels.aspx
And click on Freeview | HD
These should be all of the channels you can get (except some that are regional)
I don’t have sky or any pay tv , I have a UHF aerial and a satellite dish and a tv with freeview built in and I can get Parliament TV on everything!!
I was watching the a bill going through committee stages last night and if there were six people in the house that would probably be an over estimation.
What is the point of passing legislation if so few MP’s are in the house. This seems to be a constant feature of NZ parliament and I guess it is owed to the stupid system if allowing MP’s to vote courtesy of the whips. I wish we would go back to teh system of all members being required to be in house with a few exceptions made via ‘pairs’ which the opposition agree to allow government to effect its business. In all other cases if government wants to pass legislation they will need to endure a majority of their MP’s are present in the house
+1 Ron
I agree
In some parties they do have to endure the majority of their MPs.
This woman is brain dead. She wants to take NZ kids back to the dark ages.
http://www.3news.co.nz/Paratas-U-turn-on-charter-school-creationism/tabid/1607/articleID/313916/Default.aspx
I’ve got no problems with creationism being taught in religious studies as long as evolution is taught in science classes…
that is a WinSome gravatar.
well spotted 🙂
It describes me better
Once folk know you have a grasp of some of these
Schools
then deep fellowship tends to dry up and church may be perceived more as a Social Supporters Club.
SST vs “the ongoing failure of mental health support systems”- Coroner-referring cases to the Law Commission.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11127145
Here’s a great music video from a film way back with George Harrison and Ringo Starr on the music side. Freedom We Want our Freedom. Handmade Film.
ears are burning to Get Back to Ave Verum.
Let us pierce A la Chapelle Sixtine
(we’re all in the Lists).
I see aunty amy is providing 15m for a new internet cable into nthland.
where was the govt when business was trying to get one into the middle of the north island where diversity is assured, and she says stn cross is good til 2020.
She will be slammed over this hopefully, FFS it must connect south of the current cable and stn cross is fine, you just have to get its owners to light it up.
Incompetant and easily led like alot of govt ministeds.
So the cable extends from NZ to Oz to US right? How much is the NSA contributing to the cable hmmm?
Hi folks just to let you kow that from 7pm tonight I will do a special live skype on The Daily Blog. I would like to invite all Standardistas to visit The Daily Blog.
Awesome, watching now.
but I just put a DVD on Dave. Man! Anyway, to all appearances, Tory spin aside, you and the team are doing well. IMO, breathe and think. You are your team are way smarter than your opposition. and Russel Norman is very capable in his role attacking those Ministers.
A great piece of advice I always give to clients before cross-examination is probably applicable to any media appearances – if you need to think about the answer for a bit, take a sip of water first. However, if that happens too often you’ll soon be seeking an adjournment for a toilet break 😀
Watched it. Great interview, in spite of the squeaky technology!
Like the ideas on NZ as part of the Pacific and a Pacific TV (or was it radio?) channel.
I think RNZ already do shortwave out into the pacific.
Daily Blog skype interview with Cunliffe now up on YouTube.
Ta.
@ CV …re David Cunliffe interview with Daily Blog…..thanks for YouTube link…
Very interesting….Very clearly and succinctly expressed on a number of crucial issues facing the country.
Would like to see more of these interviews, say once a month as a regular feature
…….Have great confidence in David Cunliffe to lead a coalition with the Greens to victory in 2014! .
( He looks very tired though and needs to take at least a day off ….imo)
The leadership hustings schedule was pretty merciless…and for David he had a full Sunday of events after the announcement, then straight into it on Monday in Wellington. And as he said, working to the early hours of every morning. Crazy shit.
No wonder Cunliffe looks so tired with all those chirps of feedback constantly haunting his words! Bomber seemed to be transmitting from a place several seconds away on the temporal dimension. Whereas Manning was almost jarringly well presented – which just made the other two’s tech glitches even more evident.
I ended up mostly just listening while browsing other pages (a sure recipe for missing bits, and much rewinding). However, I far prefer that discussion; with all it’s technical teething problems, to something like “The Vote” with much higher production values, but an impoverished discourse.
Seemed to me that Cunliffe and Manning were very clear and in focus while Bradbury was low-resolution, distorted, crackly and screechy.
And then there were the technical issues…
lol
What the hell is wrong with NZ Aoteaora?
Here we have a communist, socialists, conservatives and others, also tertiary experts, discuss for a long time educational policy on public TV in Chile, which is hardly a “leftist” country these days.
So we can see that there, I can show you heaps more and better from Europe and other places, but we here in NZ are told such “public broadcasting” costs too much, we get brainwashed and inundated with commercial ads.
Nobody here seems to even bother with this, all being brainwashed to death. Are there any Kiwis, awake and caring about their sound states of mind, and independent thinking and information? Or are most of you happy with being brainwashed and dumbed down consumerist instruments?
I am shocked and dismayed, and I wish to be dead at times, as this society we have, is NOT worth living in.
Viva Camilla!
Free education in NZ also, we are not getting it, at least the gifted and otherwise “deserving” must get it, but we now have fee payments and privatised education in NZ.
Division and segregation rule in NZ, once a country supposedly “egalitarian”, what a sick joke the present reality is.
Victor Jara – Chile, one of the assasinated by fascist general Pinochet, an interesting audio with his popular songs:
Victor Jara –
Yo no canto por cantar, etc
Pay respect for one in the “stadium” in Santiago de Chile who were shot, tortured, and disposed off at open sea, off the shores of Chile!
Human rights is one thing, and there are other reasons, sadly too many in NZ are too scared to take a stand, while civil rights and so are transgressed daily, where are you Kiwis, got to care, do you care??? Too busy with America’s Cup, rugby and self fulfilling careers? I once thought this country stood for something, apparently no more?!
Viva el pueblo unida!!
Shame on MOST NZ and NZers – for cowardice and never speaking out and up, it is the endless repeat of shame, that is what I see and read here and on every NZ blog! I wish I had never come back to this horrible and soulless place!
Sorry, distress has many words, sometimes over the top, and I suffer from ill health that expresses itself as above at times. I must admit that there are progressive people in this country, but sadly also many that do not care so much, and it is the latter that tend to drive me to despair and harsh criticism.
http://www.youtube.com/watch?v=4xRJ6jbCv1o
Viva Chile, viva Victor Jara!
Few understand, but this is the subtle voice of peace and social unity, who cares these days, especially in NZ??
People who stand up, take a solid stand, dare to be hit and attacked, and stand their ground, and fight back, that is what free and democratic societies are made of, I see nonone in this country be gutful enough to care and take a stand! X
@ xtasy …you are being heard!!!!!…..many NZers have great sympathy for what the Chilean people went through after Allende was assasinated and under Pinochet…..In my 20s I used to work in a department building on the Terrace in Wellington with an older Chilean communist leader who was left for dead in Chile after a gunshot to the head….(he still had the scars)…..but was smuggled out by his friends ……and eventually came to NZ…He used to come into my office and tell us what had happened in Chile…..He was a very quiet , determined , inspiring man…..very strong
…..It is very hard for people who have never been through what Chileans have been through to understand the trauma……but we are sympathetic!!!!!.
….. To really get understanding it is best you talk to other Chileans who have been through the same thing
Thanks USA
And UK/Thatcher of course.
They have buckets of blood at their hands, as we know, but it is all “legal” according to “their laws”. Sad this is, what is though nothing new in the world, and which history proves.
Chooky – I despair at times, hence my “ranting” again last night. I met three young Chileans tonight, at a supermarket in Downtown Auckland. I had a chat and mentioned Camilla Vallejo, the former student leader there, and they all know her, and they all liked her! They had nothing good to say about the way capitalism is applied there.
Yes, I met a few Chileans on my travels, also in NZ. What excites me about Chile is that there people do dare to go out on the streets, and take a vocal stand, young and old. Of course the capitalist system that is out of control keeps many intimidated, also in Chile. Also Chileans love music and culture, and I respect them very much for that.
I am doing my bit of “stirring” up emotions and ideas, to hopefully get more locals here woken up and also take a stand, as you appear to be doing very well already.
A friend of mine has just been dealt out an appalling decision by the Health and Disability Commissioner, letting off the hook the worst hatchet doctor in Auckland, that is a WiNZ hatchet doctor. This will go public soon, and he will be named and shamed!
So he went out this afternoon to do a personal protest outside the HDC Office in Queen Street. We need much more of this to happen, otherwise we will lose the battle to commerce, the corrupt government and more.
Kia kaha all!
@ xtasy….keep in touch with those vibrant Chileans… they know how to party and dance and make music and enjoy life!!!!…..NZers, many of us originated from that Blairite nation of “small shop keepers” …. but also have the Maori warrior class gene and the Celts’ …..So initially and superficially we may seem to be a bit ‘slow’ ….but once the going gets tough ……then…..(as was shown in the ’81 Springbok Tour)….the tough get going