very true, as long as it doesn’t become the ONLY thing that defines the nation. And as long as all the hype and commercialisation that goes with it doesn’t put unreasonable expectations on a generation coming through (as one of the commenters in your link refers to – its longevity will depend on grass roots participation)
Dairy, cow shit, unsawn logs and rugby just aren’t going to get us through it – but …. well done All Blacks (I’d say that though even if they’d lost)
Col. Richard Kemp calls it “the most moral army the world has ever known.”
So why do thousands of young Israelis refuse to serve in the IDF?
Saturday 24 October 2015
In his pisspoor book Giving: How Each of Us Can Change the World, former U.S. president Bill Clinton tells what, even for him, is a breathtakingly cynical lie: he claims that an unarmed seventeen-year-old Palestinian peace activist, Asel Asleh, who was murdered by Israeli soldiers in 2000, was “caught in a crossfire and killed”. [1]
Asel Asleh was murdered fifteen years ago, but nothing has changed. Palestinians are still being harassed, humiliated, raped, shot, stabbed, crushed and killed by gangs of illegal “settlers” and by the soldiers of the Israeli Defence Force, which is, scandalously, infested by extreme hardline “settlers”. And there is a never-ending supply line of Bill Clintons justifying every illegal arrest, every kick, punch, knifing and shooting.
By Palestinian standards, Ansar Aasi is lucky: he is still alive, he can still walk, and—thanks to the fortuitous filming of his assault—he has been released, after three days of illegal and unwarranted detention. This is how the brave soldiers of the Israeli “Defence” Force—labeled by former commander of British forces in Afghanistan, Richard Kemp, as “the most moral army the world has ever known” [2]—dealt with the grave and imminent threat represented by Ansar Aasi….
Without fail, politicians like Barack Obama, Joe Biden and Hillary Clinton wag their fingers at people like Ansar Aasi and express sympathy with the thugs who beat him up. Moral giants like Anthony Weiner scoffingly label them “little Palestinian terrorists”. Comedians like Sacha Baron Cohen and Jerry Seinfeld taunt, slander and ridicule people like Ansar Aasi and even, in the case of Baron Cohen’s Bruno movie, cast them as unwitting stooges in their “satires”.
But there are decent young people in Israel who—-unlike Obama, Biden, the Clintons, Weiner, Baron Cohen and Seinfeld—object to this. They’re called, contemptuously by the Israeli extreme right, “refuseniks”….
+1 –
Rachel Aliene – deliberately run over by a bulldozer by Israeli military.
Corrie (April 10, 1979 – March 16, 2003) was an American peace activist and diarist.[1][2] She was killed by an Israel Defense Forces (IDF) armored bulldozer in a combat zone in Rafah, in the southern part of the Gaza Strip, under contested circumstances[2][3] during the height of the second Palestinian intifada.[4]
She had come to Gaza as part of her senior-year college assignment to connect her home town with Rafah in a sister cities project.[5] While there, she had engaged with other International Solidarity Movement (ISM) activists in efforts to prevent the Israeli army’s demolition of Palestinian houses.[2][6][7]
Less than two months after her arrival,[5] on March 16, 2003, Corrie was killed during an Israeli military operation after a three-hour confrontation between Israeli soldiers operating two bulldozers and eight ISM activists.[3][8]
Fellow ISM protestors saying that the Israeli soldier operating the bulldozer deliberately ran over Corrie, and Israeli eyewitnesses saying that it was an accident since the bulldozer operator could not see her.[9][10][11][12]
In 2005 Corrie’s parents filed a civil lawsuit against the state of Israel. The lawsuit charged Israel with not conducting a full and credible investigation into the case and with responsibility for her death,[13] contending that she had either been intentionally killed or that the soldiers had acted with reckless neglect.[3] They sued for a symbolic one US dollar in damages.
In August 2012, an Israeli court rejected their suit[3] and upheld the results of the 2003 military investigation, ruling that the Israeli government was not responsible for Corrie’s death. The ruling was met with some criticism.[14][15][16]
An appeal against the August 2012 ruling was heard on May 21, 2014. On February 14, 2015, Israel’s supreme court rejected the appeal.[17]
Now lets imagine if a US peace activist was deliberately run over by a Palestinian Bulldozer what the different international response would be?
Your thoughts. Surely the point of the Israeli Palestinian conflict is arrogance on the part of one side who believe that not only can they uproot and disenfrancize a whole community but nobody calls them out and they make out they are the victims. Of course this argument is used by both sides.
TPP update
1. Globe and Mail: TPP’s copyright chapter will cost Canadians hundreds of millions
Canada’s rock-ribbed bastion of pro-trade, pro-Tory ideology has come out against the Trans Pacific Partnership’s Intellectual Property chapter in a leading editorial signed by the paper’s editorial board.
The paper calls out the government for caving to the US entertainment industry on copyright issues, particularly copyright terms, saying that they have no place in trade agreements, that their extension will not provide benefit to Canadians, and will cost the country hundreds of millions of dollars. https://boingboing.net/2015/10/24/globe-and-mail-tpps-copyrig.html
3.Doggett Warns TPP Text Work Could Water Down Deal; Rebuts USTR Sales Pitch
Rep. Lloyd Doggett (D-TX) on Friday (Oct. 23) warned that delays in releasing the Trans-Pacific Partnership (TPP) text could signal an effort by negotiators to water down the agreement announced on Oct. 5, and he also rebutted key Obama administration selling points regarding the deal’s environmental and tariff-cutting benefits. http://insidetrade.com/
!!!!!!!Pencil in 14 November for Protest Marches against TPP_ The Dead Rat Deal. http://itsourfuture.org.nz/
The first, why the majority of NZers agree that inequality is a problem, but why they don’t vote for political parties that would actually do anything about it:
last year I convened a series of focus groups, comprised of members of the public holding a wide range of opinions. How would people explain and defend their opinions in the presence of divergent views? In keeping with survey results, most focus group participants – when asked individually – expressed a preference for a more equal distribution of incomes (better wages for the low-paid; restraint in executive compensation). In the subsequent group discussion, however, these preferences were marginalised by the view that, while a more equal distribution might sound nice, it was likely not feasible given the “realities of the market”.
…
What was most interesting here was that while this “market reality” trope was typically advanced by only one person in each group, it seemed able to over-ride a majority preference for greater equality. Even those participants with very strongly-held egalitarian commitments found it difficult to argue against this appeal to the constraining power of market forces.
Huffington Post has a story about the life and death of an Amazon ‘temporary’ warehouse worker:
That meant Jeff wore white. He’d started working at the warehouse in November 2012, not long after it opened. It was the first job he’d been able to find in months, ever since he’d been laid off from his last steady gig at a building supply store. By January, peak season had come and gone, and hundreds of Jeff’s fellow temps had been let go. But he was still there, two months after he’d started, wearing his white badge. What he wanted was to earn a blue one.
…
Less than an hour later, a worker found Jeff on the third floor. He had collapsed and was lying unconscious in aisle A-215, beneath shelves stocked with Tupperware and heating pads.
Even those participants with very strongly-held egalitarian commitments found it difficult to argue against this appeal to the constraining power of market forces.
Egalitarian people need to be given the tools to be able to argue against automatic market ideology. In the new world of sound-bites and Twitter length discussion, those tools need to be as short and inarguable as phrases like “market reality”. I think it is the opposition who must do this.
The man who uses these market force phrases most, Blinglish, has said this week they need to “get the market right” which screams anything but a free market to me.
I think he has realised he has screwed up and is having to intervene.
The “market” is simply a construct of rules and regulations that leads to a certain wealth distribution.
To attain a different, more equal, wealth distribution then quite simply the current rules and regulations need changing.
Such rules and regulations include tax rates, tax policies (eg cgt), provision of health, education, minimum wage rates, living wage rates, the list goes on and on.
Tweak and adjust each one until the required settings are attained. The current settings have led to the current inequality.
That’s it exactly. The market is a construct of politics and behaves as the politicians have designed it to behave. If we have massive inequality and poverty that’s because the politicians have designed those things in to our society through the rules and regulations that they’ve put in place.
We can change these setting and thus change the outcome.
So to keep the present status quo I’d be best served by someone whose ideology was one that disregards any discussion of regulation, I.e a neolib who wants to get rid of them and so out of fear we’d all rather not change less we lose even the regulations we have. Aka Jamie Whyte, who in the contortion of reason supports the sugar subsides all because nobody will dare discuss them and their impact on global obesity and dental crisis, and so status quo means big govt intervention supported by Whyte by omission.
Yes, I understand that but the point I was trying to make is that the egalitarian participants in the focus group example above found it difficult to articulate that in the face of the flat right-wing mantra, “market reality”.
Why do we, the socially conscious left, not have equivalent short, powerful, and universally accepted memes with which to fight the idea that the market will decide everything?
Look in ‘reality’ when you have family you help each other out – simple. It’s got nothing to do with power, at the end of the day.
It’s got everything to do with power. Poor people can’t help themselves never mind their family – they simply don’t have the power to do so.
The rich, on the other hand, can buy MPs at Cabinet Clubs and get regulation and legislation tailored to them as we’ve seen with SkyCity, Warner Bros, Rio Tinto and other corporations that this government is heavily subsidising from the incomes of the poor.
Market reality today is where a single strong interest of one or few individuals overrides an even stronger interest that is held by a much larger group.
Collective , democratic and governmental groups represent the collective interest of the many.
(Think factory spewing health destroying smoke V. clean air rules )
Why do we, the socially conscious left, not have equivalent short, powerful, and universally accepted memes with which to fight the idea that the market will decide everything?
I think you make a very good point here muttonbird.
I wouldn’t live this life, if it were not for love, the want to help, and the decency of wanting to help a relative. Why belittle myself to the size of a pip on purpose for the hell of it? There is a point to every exercise- always.
I am fair, understanding and kind. I know myself inside out. I have made huge sacrifices to be here, I have battle wounds, scars, emotionally and physically – I am drained, tired, fu8ked off, frustrated, hurt, angry and fed-up. But I don’t give up; I get up, over and over and over and over again. If ‘I’ keep trying then- you must try yourself, ESPECIALLY considering the outcome is 100% in our favour.
Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.
Anibal Cavaco Silva, Portugal’s constitutional president, has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate to smash the austerity regime bequeathed by the EU-IMF Troika.
Anibal must be really confident (or just stupid) that state force will be able to quell the masses forever. Or he might just be one of those people who has confidence in their own bolt hole, and that they can take it all with them in the next life. When he/she drives, it probably never occurs to him/her to look in the rear vision mirror once in a while.
I’m wondering where the ‘hard right’ think they’re going to find exile in 20 years time – somewhere in the Islamic State or Israel maybe?
And this one is a must read as well. David Graeber at his best:
True, for much of the nineteenth century, the United States was largely an economy of small family firms and high finance—much like Britain’s at the time. But America’s advent as a power on the world stage at the end of the century corresponded to the rise of a distinctly American form: corporate—bureaucratic—capitalism. As Giovanni Arrighi pointed out, an analogous corporate model was emerging at the same time in Germany, and the two countries—the United States and Germany—ended up spending most of the first half of the next century battling over which would take over from the declining British empire and establish its own vision for a global economic and political order. We all know who won. Arrighi makes another interesting point here. Unlike the British Empire, which had taken its free market rhetoric seriously, eliminating its own protective tariffs with the famous Anti–Corn Law Bill of 1846, neither the German or American regimes had ever been especially interested in free trade. The Americans in particular were much more concerned with creating structures of international administration. The very first thing the United States did, on officially taking over the reins from Great Britain after World War II, was to set up the world’s first genuinely planetary bureaucratic institutions in the United Nations and the Bretton Woods institutions—the International Monetary Fund, World Bank, and GATT, later to become the WTO. The British Empire had never attempted anything like this. They either conquered other nations, or traded with them. The Americans attempted to administer everything and everyone.
I do suggest downloading and reading the PDF linked here.
Here is the truth, the whole truth and nothing but the truth: The Five Eyes are after Kim Dotcom and the litigation against him is effectively a circus performance for media and the public because in private, the system has already been meting out his extra-judicial punishment for years.
For all intents and purposes, whether it’s because they’ve gone rogue or are off the leash or whether it is just unofficial deep state policy; New Zealand intelligence agencies have been acting “arguably at the behest of a foreign power” according to Bryce Edwards. Including against their own countrymen.
That used to be called treason. Now it is called international co-operation and is self-justified by a secret treaty that was hidden from the public for 60 years: known only as the UK/USA Agreement. According to this link detailing the complex history of the agreement, which instituted and eventually encompassed the Five Eyes, the full text only became available in 2010 – some 64 years after its genesis.
We need to take our democracy back off of the bureaucrats.
We need to take our democracy back off of the bureaucrats.
In Vladimir Arnold reminiscence of Rokhlin,he discussed the latter’s vision for the future.
I recall another conversation with Vladimir Abramovich, the subject of which
he would return to again and again – his vision of the future of humanity. According to him, humanity is moving towards bureaucratization where an all-powerful bureaucratic apparatus will be suppressing everything alive and creative that still exists. According to him, this phenomenon is not exclusive to Russia, it is global, although this is an uneven process. Rokhlin thought that this process would be soon completed (in view of the fact that two-dimensional sphere is compact), and the Global Government will be created, which will realize the worst predictions of Zamyatin’s “We” and Huxley’s “Brave New World” on the global scale. Degenerating humanity lead by their worst representatives will democratically establish ochlocratic dictatorship, which will be suppressing everything out of the ordinary and will be mainly preoccupied with stopping progress, and, as a result, destruction of education and science (by means of dumbing down children from a very young age by watching TV, playing video and computer games).
Our times, the golden age of mathematics and science in general will then
be considered an unprecedented highest point, the way we now think of Italian
Renaissance Art, and Klein’s “Lectures on Development of Mathematics in the
Nineteenth Century” will read as Vasari’s “The Lives of the Artists”.
“I am glad I will not live to see that”, concluded Rokhlin.
It is difficult to debate such predictions, however I would like to cite a similar
prediction by Leo Tolstoy that has not quite become a reality. “The strength of
the government lies in the people’s ignorance, and government knows this, and will, therefore, always oppose true enlightenment”
The result is that currently we have a situation where 2 political parties in New Zealand that together represent less than 1% of the electorate wield enormous power in parliament.
That clearly isn’t right or just – but it is legal.
So what is the rational response to such an irrational situation?
Well, you could try to take the moral high ground and say “because others are manipulating the system I won’t”. But that just leaves you powerless because the manipulators will win time and again – as we have been seeing.
The alternative is to say – “Well, the history of politics is the history of doing deals. If that’s how the game is currently being played then we must use the rules to work for us. And when we are in power we will change the rules so the they are not so easy to manipulate.”
That is a lesson that the Left in NZ seem to want to refuse to learn. It’s why we still have a National led government instead of Hone and Laila in parliament supporting a DC led Labour/Greens/IPMana government.
To suggest that NZFirst would have gone with that unstable hydra at the 2014 election is pretty dubious.
Instead we’d right now have an NZFirst – National government. Probably better than what we have now, but still not what we need, and clearly primes the stage for a NZFirst – National coalition in 2017 as well.
IMO, NZFirst would have gone for Labour/Greens/NZFirst coalition with IPMana on the cross benches. After National’s attack in 2008 I doubt that NZFirst will be considering propping up a National government for the foreseeable future.
Winston’s a pragmatist. He didn’t got with Labour in 1996 because Helen wasn’t speaking to Jim, and he didn’t think that would work for a government.
The coalition you’re suggesting would be made up from a notoriously divided Labour party, an untested Green party and supported by a crazy german that the public hate. Up against John Key.
Creepiness to the extreme. Parliament goes into recess so FJK can continue to stalk Richie McCaw (and the boys)!
Bet there are also a few other NatzKEY politicians over in the UK as well sharing the fun. Sod the country. More important to have a beer with the boys and to be seen doing so! FFS!
Don’t worry.
Andrew Little will soon be there. Once he arrives the All Blacks will really be terrified and will be hiding away to keep out of the reach of feral politicians.
Just what are the polie’s excuses anyway?
I think we should avoid letting our ideologies inform our opinions on matters of social and economic policy. What matters is scientifically observed evidence. I support the idea of providing everyone with an unconditional basic income not because I just think it’s the right thing to do, and the best way to make ongoing technological unemployment work for us instead of against us, but because such an overwhelming amount of human behavioral evidence points in the direction of basic income.
Remove the stress of competition and everyone benefits.
EDIT:
Increasing incomes results in greater social cohesion.
For anyone who thinks welfare proves otherwise, it doesn’t. Because we attach conditions, we actually introduce certain harmful effects. By targeting assistance to households instead of individuals, we create an incentive for the formation of single parent households. By removing assistance as incomes increase, we create an incentive to stay out of the labor market. By giving only to those determined to be deserving, we attach a stigma to the assistance and to its recipient. These are not problems with the provisioning of cash assistance itself. These are problems with the way we go about designing our assistance programs. They are the result of non-universality and the inclusion of conditions that are actually and provably counterproductive.
Our present National led government is doing the exact opposite of what needs to be done.
What level would you set the Universal Basic Income at?
Would you make it $25,000/year say?
Are you aware that to do so would require that this would require raising the tax rate, on all incomes, by about 50% unless you could reduce other spending dramatically?
I do mean by 50%, not to 50%.
1. I’d set it at about $20k
2. Our entire tax structure needs to be changed and I’d incorporate a UBI with that change. It may be the first step in that change but it would certainly be a part of it.
3. I’d stop the private banks from creating money. This should stop runaway inflation even without changing tax rates
And I’d already figured that a UBI would need tax rates above the flat 30% that Morgan wants if we stayed with the present system. But considering that a few people are ripping us off to the tune of $6 billion per year then I figure a change to the tax system to catch that would also help constrain any inflation that may arise.
$6 billion/year isn’t very much compared to the cost of a UBI though is it?
Suppose we paid the UBI to everyone in the country, and did it at your rate of $20,000/annum.
That comes to about $90 billion/year doesn’t it.
If we limited it to those over, say, 18 it would be around $70 billion/year.
The amount it comes to isn’t actually a problem. As I’ve said before, we’ve got the financial system backwards. We look at it as the government needing to raise money to do these things when the government is actually the source of all wealth and money in a country. Taxes then destroy the money that the government creates constraining inflation.
Alwyn. Have you ever read the website set up to explain the book written by Gareth Morgan and Susan Guthrie called The Big Kahuna? It can be found at: http://www.bigkahuna.org.nz/
I ask because I would be very interested to see an informed debate by commenters here using the explanations and Q&A sections on the above site as a common reference point, rather than this point scoring nonsense that rears its head every now and then. What do you say? Are you serious about having such a discussion? If so, why not choose an explanation from the Q&A you are dissatisfied with and explain your reasoning and then see what response you get?
Oh dear.
I tried the Minister of Finance calculator giving everyone $20,000.
I also had a 15% GST and a required rate of return on capital of 4% (Can you do better at the moment)
The flat tax rate to have a (tiny) surplus was 70%. Perhaps Rob Muldoon was right when he had a tax rate of 66% as his top rate.
I read “The Big Kahuna” when it first came out. It was long enough ago that I don’t feel I can really comment on it without fully rereading it and I don’t think I have the time or inclination to do so.
Relax mate, a UBI of $250 pw ($13,000 p.a.) will be enough if the government lowers the cost of accomodation, food and power, while making healthcare truly accessible and timely.
And private sector employers will do great out of having to pay workers less.
The purpose of a UBI, as I understand it was to replace all other benefits.
You appear to want to retain things like subsidised power , subsidised food, subsidised housing don’t you?
So instead of being the only benefit you want to add it to all the other ones.
Are you really in favour of reduced wages? What about the “living wage” that people seem to be in favour of?
Dude a UBI is not supposed to replace the rest of NZ society like free healthcare and free education. And it certainly isn’t a ticket for privateers to gauge consumers at the power meter and the water meter.
Is there a reason you want foreign shareholders to keep ripping billions of dollars out of NZ consumer pockets every year?
Hey I didn’t comment on Health care or Education did I?
I said “You appear to want to retain things like subsidised power , subsidised food, subsidised housing don’t you?” There is no claim there that a UBI is meant to replace either of these.
There isn’t any private investment in water in New Zealand is there? Unless there is it is hard to see how it would involve ripping of consumers.
Power charges are another matter. I don’t really know enough about the details to comment on it though. I haven’t really bothered to go through all the economics of the electricity industry here although I plead guilty to having bought shares in a couple of the companies.
So not prepared to have an issue by issue conversation using the Q & A as a common reference point. by the sound of it. Just intellectually dishonest pot shots from the sidelines.
Life is tough.
As I said I read it when it first came out in about 2010 or so.
I really don’t want to revisit the epistle. It isn’t really the most important work ever published is it?
Why don’t you start the conversation if you are so keen on it rather than accuse me of intellectual dishonesty because I don’t choose to play by your rules?
Did you attempt to have a discussion or debate with the authors of TBK when it was published and the website went up? They made themselves very available and still are through Morgans website. I wonder why you didn’t try throwing your nuggets at them? Worried about being shot down in double quick time?
I suggested using their Q & A because it provides an easily available reference point for many of the criticisms and questions directed to the authors as promoters of the UBI. Anyone who IS intellectually honest would surely be interested in building on information already in the public domain in a structured and inclusive manner rather than sniping in a disorganised and non productive way, essentially designed to create more heat than light. I don’t pretend to be an economist or an expert on the concept of a UBI, but I can follow a discussion on the issues involved when the participants aim at clarity rather than deliberately leading the discussion down dark alleys which seems to be your modus operandi.
Yes I did talk to them.
I suppose I am being a bit tough on you.
As you admit, you say
” I don’t pretend to be an economist or an expert on the concept of a UBI”.
I have a PhD in Economics, and I suppose I don’t really feel like spending my time discussing topics where you have to go back to basics to try and get someone to understand them. You can call me arrogant if you like.
Sorry but your opinion that I am “intellectually dishonest” I find offensive. I really don’t have the time or inclination to try and educate the ignorant on the subject.
You may not have realised it but you are not on a specialist forum for special people with PHD’s in economics. This is a public space for all comers. So yes, you are probably right that you are an arrogant arse who finds it beneath himself to construct his argument in such a way that mere mortals can follow his line of thinking.
Did you manage to stump your economist peers (Morgan and Guthrie) with your cute line of questioning?
Your method seems to involve a line of rhetorical questions which suggest that there are almost insurmountable problems that make a UBI unworkable, when you are obviously familiar enough with Morgan and Guthrie’s work that you know what their proposal consists of in its totality and you know that the kind of questions you are asking here have been asked and answered elsewhere. I call that dishonest.
I suspect you have an ideological and / or moral aversion to the concept of a UBI which colours your ability to scrutinize it with an intellectually objective eye. Tell me it isn’t so.
Harvard ethicist Louis M. Guenin describes the “kernel” of intellectual honesty to be “a virtuous disposition to eschew deception when given an incentive for deception.”
I also had a 15% GST and a required rate of return on capital of 4% (Can you do better at the moment)
The correct, maximum return to owning capital is zero. In fact, it should actually cost you to hold capital.
The flat tax rate to have a (tiny) surplus was 70%.
Don’t want a surplus. In fact, the governments deficit would be the rate of growth in the economy.
The purpose of a UBI, as I understand it was to replace all other benefits.
To replace most of them. There would still be a few extras for people with special needs.
You appear to want to retain things like subsidised power , subsidised food, subsidised housing don’t you?
Nope. What I want is to have them provided as a government service at close to cost. Take into account maximum public servant wages/salaries of $150k (or less) and the fact that there won’t be any profits/dividends means that costs will actually go down.
Are you really in favour of reduced wages? What about the “living wage” that people seem to be in favour of?
“Yes and we wouldn’t actually need either the living or minimum wage with a UBI”
…that would depend entirely upon the level of a UBI. If any UBI covered the basic cost of living (do we have a different level for Auckland/ Queenstown?) then that may be true however every proposal i have seen to date has not reached that level by quite some amount, therefore in the majority of cases there will still be a need for some other form of income and if that involves paid labour are you seriously suggesting legal protections will be redundant?
“Are you aware that to do so would require that this would require raising the tax rate, on all incomes, by about 50% unless you could reduce other spending dramatically?”
Who says so, and why? This is simply untrue. The government could issue a UBI of any value (including $25,000 p.a) without raising a single dollar of extra funding if it wanted to.
I cannot see any real difference between paying out the money today and taxing it back tomorrow and taxing today to pay it out tomorrow.
They still are going to collect the amount of tax that goes out in the UBI aren’t they?
Besides “Nic the NZer ” appears to be implying, and I may be misreading his intention, that there is no need fund the payment at all. They can just print the money and never bother to collect it back.
I cannot see any real difference between paying out the money today and taxing it back tomorrow and taxing today to pay it out tomorrow.
The difference is where and at what time in the cycle the money is created/destroyed and how it’s used.
At the moment the majority of money is created by the private banks and spent where they choose. A hell of a lot of it goes on existing housing thus pushing house prices up. This money is then taxed giving the government an income.
The other way the government creates the money and spends it where it’s needed. People have in income that keeps them well, infrastructure is built without interest and the government can also spend massively on R&D.
The first way accepts the delusion that the private sector is the source of all wealth and the second accepts the reality that the government is.
It would have interesting inflationary consequences wouldn’t it?
$25k/person/year would represent an additional $112 billion being added to the money supply each and every year.
At the moment M1 is about $42 billion. The broadest aggregate, M3 is about $290 billion. Giving the money out as a direct payment would simply add to M1 I would suggest.
If you gave everyone $25k/year M1 would be $42 billion today, $156 billion this time next year, $268 billion in two years and so on.
Do you really think that inflation wouldn’t go through the roof?
It would have interesting inflationary consequences wouldn’t it?
$25k/person/year would represent an additional $112 billion being added to the money supply each and every year.
Firstly, you are assuming here that everyone gets a lift by the amount of the UBI.
That is incorrect. The UBI will partially replace the first part of wages and salaries which are currently being paid out.
Secondly, why would inflation “go through the roof” by giving every Kiwi just enough to get on by? A UBI is not geared for people to spend lavishly or extravantly – therefore the pressure on inflation will be negligible.
I suggest you look at my reply to Draco just below here. I was talking about Nic’s comment which appeared to assume no taxes to get the money back. Thus what he was saying appears to be a permanent increase to the money supply.
I also don’t understand what you mean by the comment that
“The UBI will partially replace the first part of wages and salaries which are currently being paid out”
I had thought it was intended to go to everyone and be in addition to whatever they earned.
It would have interesting inflationary consequences wouldn’t it?
$25k/person/year would represent an additional $112 billion being added to the money supply each and every year.
Not necessarily as there’s things that can be done to keep the amount of money added to the economy the same or even decrease it. These would include but not be limited to:
1. Stopping the private banks from creating money when they make a loan
2. A reworking of taxes so as to take more money out of circulation
3. Preventing the importation of foreign money into NZ$
Giving the money out as a direct payment would simply add to M1 I would suggest.
Yes, it would be Reserve Currency rather than Bank Money.
If you gave everyone $25k/year M1 would be $42 billion today, $156 billion this time next year, $268 billion in two years and so on.
There’s these things called taxes that could be used to destroy the money created at near balance.
Do you really think that inflation wouldn’t go through the roof?
Not if it’s done properly. In fact, I’d expect inflation to drop.
You say
“There’s these things called taxes that could be used to destroy the money created at near balance.”
That is fine but Nic said
“The government could issue a UBI of any value (including $25,000 p.a) without raising a single dollar of extra funding if it wanted to.”
He was the one I was responding to and he appears to be saying that no taxes to recover the money would be necessary. Surely you would regard taxes to destroy the money would be “extra funding”. The case you are defending doesn’t seem to be the one (Nic’s) I was questioning.
Well I wanted to know what the problem was for a start. First we need to take into account that the government can’t run out of money, it doesn’t face a budget constraint.
Your talking about an ‘increase in the money supply’ which does not even need to occur. The government (including the RBNZ) could borrow (not tax) the funds spent resulting in no increase in the M1 money supply. Presently they do this almost daily in order to allow the RBNZ to maintain its OCR policy.
Further, even assuming that the extra spending is not reversed, the Quantity Theory of Money which you are then using to imply inflation doesn’t work. There is no necessary implication of inflation. This conclusion depends entirely on the capacity of the economy to absorb additional spending having been exhausted. Clearly the economy is presently running below capacity so it can absorb additional spending.
April 30 was going to be the day we’d be calling Mum from London to wish her a happy birthday. Then it became the day we would be going to St. Paul's at Evensong to remember her. The aim of the cathedral builders was to find a way to make their ...
Rob MacCulloch writes – Can’t remember the last book by a Kiwi author you read? Think the NZ government should spend less on the arts in favor of helping the homeless? If so, as far as Newsroom is concerned, you probably deserve to be called a cultural ignoramus ...
Eric Crampton writes – Grudges are bad. Better to move on. But it can be fun to keep a couple of really trivial ones, so you’re not tempted to have other ones. For example, because of the rootkit fiasco of 2005, no Sony products in our household. ...
A new report warns an estimated third of the adult population have unmet need for health care.Photo: Lynn Grieveson / The KākāHere’s the six key things I learned about Aotaroa’s political economy this week around housing, climate and poverty:Politics - Three opinion polls confirmed support for PM Christopher Luxon ...
Today is May the fourth. Which was just a regular day when my mother took me to see the newly released Star Wars at the Odeon in Rotorua. The queue was right around the corner. Some years later this day became known as Star Wars Day, the date being a ...
Buzz from the Beehive Much more media attention is being paid to something Winston Peters said about former Australian Foreign Minister Bob Carr than to a speech he delivered to the New Zealand China Council. One word is missing from the speech: AUKUS. But AUKUS loomed large in his considerations ...
Is the economy in another long stagnation? If so, why?This is about the time that the Treasury will be locking up its economic forecasts to be published in the 2024 Budget Economic and Fiscal Update (BEFU) on budget day, 30 May. I am not privy to what they will be ...
The annual list of who's been bribing our politicians is out, and journalists will no doubt be poring over it to find the juiciest and dirtiest bribes. The government's fast-track invite list is likely to be a particular focus, and we already know of one company on the list which ...
In the weeks after the October 7 Hamas attacks on Southern Israel I wrote about the possible 2nd, 3rd and even 4th order effects of the conflict. These included new fronts being opened in the West Bank (with Hamas), Golan … Continue reading → ...
Peter Dunne writes – It is one of the oldest truisms that there is never a good time for MPs to get a pay rise. This week’s announcement of pay raises of around 2.8% backdated to last October could hardly have come at a worse time, with the ...
David Farrar writes – Newshub reports: Newshub can reveal a fresh allegation of intimidation against Green MP Julie-Anne Genter. Genter is subject to a disciplinary process for aggressively waving a book in the face of National Minister Matt Doocey in the House – but it’s not the first time ...
The Treasury has published a paper today on the global productivity slowdown and how it is playing out in New Zealand: The productivity slowdown: implications for the Treasury’s forecasts and projections. The Treasury Paper examines recent trends in productivity and the potential drivers of the slowdown. Productivity for the whole economy ...
Winston Peters’ comments about former Australian foreign minister look set to be an ongoing headache for both him and Luxon. Photo: Lynn Grieveson / The KākāTL;DR: The podcast above of the weekly ‘hoon’ webinar for subscribers features co-hosts and , along with regular guests on Gaza and ...
These puppet strings don't pull themselvesYou're thinking thoughts from someone elseHow much time do you think you have?Are you prepared for what comes next?The debating chamber can be a trying place for an opposition MP. What with the person in charge, the speaker, typically being an MP from the governing ...
The land around Lyme Regis, where Meryl Streep once stood, in a hood, on the Cobb, is falling into the sea.MerylThe land around Lyme Regis, around the Cobb that made it rich, has always been falling slowly but surely into the sea. Read more ...
Buzz from the Beehive Foreign Affairs Minister Winston Peters was bound to win headlines when he set out his thinking about AUKUS in his speech to the New Zealand Institute of International Affairs. The headlines became bigger when – during an interview on RNZ’s Morning Report today – he criticised ...
The Post reports on how the government is refusing to release its advice on its corrupt Muldoonist fast-track law, instead using the "soon to be publicly available" refusal ground to hide it until after select committee submissions on the bill have closed. Fast-track Minister Chris Bishop's excuse? “It's not ...
As pressure on it grows, the livestock industry’s approach to the transition to Net Zero is increasingly being compared to that of fossil fuel interests. Photo: Lynn Grieveson / Getty ImagesTL;DR: Here’s the top five news items of note in climate news for Aotearoa-NZ this week, and a discussion above ...
The New Zealand Herald reports – Stats NZ has offered a voluntary redundancy scheme to all of its workers as a way to give staff some control over their “future” amidst widespread job losses in the public sector. In an update to staff this morning, seen by the Herald, Statistics New Zealand ...
On Werewolf/Scoop, I usually do two long form political columns a week. From now on, there will be an extra column each week about music and movies. But first, some late-breaking political events:The rise in unemployment numbers for the March quarter was bigger than expected – and especially sharp ...
David Farrar writes – The Herald reports: TVNZ says it is dealing with about 50 formal complaints over its coverage of the latest 1News-Verian political poll, with some viewers – as well as the Prime Minister and a former senior Labour MP – critical of the tone of the 6pm report. ...
Muriel Newman writes – When Meridian Energy was seeking resource consents for a West Coast hydro dam proposal in 2010, local Maori “strenuously” objected, claiming their mana was inextricably linked to ‘their’ river and could be damaged. After receiving a financial payment from the company, however, the Ngai Tahu ...
Alwyn Poole writes – “An SEP,’ he said, ‘is something that we can’t see, or don’t see, or our brain doesn’t let us see, because we think that it’s somebody else’s problem. That’s what SEP means. Somebody Else’s Problem. The brain just edits it out, it’s like a ...
Our trust in our political institutions is fast eroding, according to a Maxim Institute discussion paper, Shaky Foundations: Why our democracy needs trust. The paper – released today – raises concerns about declining trust in New Zealand’s political institutions and democratic processes, and the role that the overuse of Parliamentary urgency ...
This article was prepared for publication yesterday. More ministerial announcements have been posted on the government’s official website since it was written. We will report on these later today …. Buzz from the BeehiveThere we were, thinking the environment is in trouble, when along came Jones. Shane Jones. ...
New Zealand now has the fourth most depressed construction sector in the world behind China, Qatar and Hong Kong. Photo: Lynn Grieveson / The KākāTL;DR: These are the six things that stood out to me in news and commentary on Aotearoa-NZ’s political economy at 8:46am on Thursday, May 2:The Lead: ...
Hi,I am just going to state something very obvious: American police are fucking crazy.That was a photo gracing the New York Times this morning, showing New York City police “entering Columbia University last night after receiving a request from the school.”Apparently in America, protesting the deaths of tens of thousands ...
Winston Peters’ much anticipated foreign policy speech last night was a work of two halves. Much of it was a standard “boilerplate” Foreign Ministry overview of the state of the world. There was some hardening up of rhetoric with talk of “benign” becoming “malign” and old truths giving way to ...
Graham Adams assesses the fallout of the Cass Review — The press release last Thursday from the UN Special Rapporteur on violence against women and girls didn’t make the mainstream news in New Zealand but it really should have. The startling title of Reem Alsalem’s statement — “Implementation of ‘Cass ...
This open-for-business, under-new-management cliché-pockmarked government of Christopher Luxon is not the thing of beauty he imagines it to be. It is not the powerful expression of the will of the people that he asserts it to be. It is not a soaring eagle, it is a malodorous vulture. This newest poll should make ...
The latest labour market statistics, showing a rise in unemployment. There are now 134,000 unemployed - 14,000 more than when the National government took office. Which is I guess what happens when the Reserve Bank causes a recession in an effort to Keep Wages Low. The previous government saw a ...
Three opinion polls have been released in the last two days, all showing that the new government is failing to hold their popular support. The usual honeymoon experienced during the first year of a first term government is entirely absent. The political mood is still gloomy and discontented, mainly due ...
National's Finance Minister once met a poor person.A scornful interview with National's finance guru who knows next to nothing about economics or people.There might have been something a bit familiar if that was the headline I’d gone with today. It would of course have been in tribute to the article ...
Rob MacCulloch writes – Throughout the pandemic, the new Vice-Chancellor-of-Otago-University-on-$629,000 per annum-Can-you-believe-it-and-Former-Finance-Minister Grant Robertson repeated the mantra over and over that he saved “lives and livelihoods”.As we update how this claim is faring over the course of time, the facts are increasingly speaking differently. NZ ...
Chris Trotter writes – IT’S A COMMONPLACE of political speeches, especially those delivered in acknowledgement of electoral victory: “We’ll govern for all New Zealanders.” On the face of it, the pledge is a strange one. Why would any political leader govern in ways that advantaged the huge ...
Bryce Edwards writes – The list of former National Party Ministers being given plum and important roles got longer this week with the appointment of former Deputy Prime Minister Paula Bennett as the chair of Pharmac. The Christopher Luxon-led Government has now made key appointments to Bill ...
TL;DR: These are the six things that stood out to me in news and commentary on Aotearoa-NZ’s political economy at 10:06am on Wednesday, May 1:The Lead: Business confidence fell across the board in April, falling in some areas to levels last seen during the lockdowns because of a collapse in ...
Over the past 36 hours, Christopher Luxon has been dong his best to portray the centre-right’s plummeting poll numbers as a mark of virtue. Allegedly, the negative verdicts are the result of hard economic times, and of a government bravely set out on a perilous rescue mission from which not ...
Auckland Transport have started rolling out new HOP card readers around the network and over the next three months, all of them on buses, at train stations and ferry wharves will be replaced. The change itself is not that remarkable, with the new readers looking similar to what is already ...
Completed reads for April: The Difference Engine, by William Gibson and Bruce Sterling Carnival of Saints, by George Herman The Snow Spider, by Jenny Nimmo Emlyn’s Moon, by Jenny Nimmo The Chestnut Soldier, by Jenny Nimmo Death Comes As the End, by Agatha Christie Lord of the Flies, by ...
On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
Have a story to share about St Paul’s, but today just picturesPopular novels written at this desk by a young man who managed to bootstrap himself out of father’s imprisonment and his own young life in a workhouse Read more ...
The list of former National Party Ministers being given plum and important roles got longer this week with the appointment of former Deputy Prime Minister Paula Bennett as the chair of Pharmac. The Christopher Luxon-led Government has now made key appointments to Bill English, Simon Bridges, Steven Joyce, Roger Sowry, ...
Newsroom has a story today about National's (fortunately failed) effort to disestablish the newly-created Inspector-General of Defence. The creation of this agency was the key recommendation of the Inquiry into Operation Burnham, and a vital means of restoring credibility and social licence to an agency which had been caught lying ...
Holding On To The Present:The moment a political movement arises that attacks the whole idea of social progress, and announces its intention to wind back the hands of History’s clock, then democracy, along with its unwritten rules, is in mortal danger.IT’S A COMMONPLACE of political speeches, especially those delivered in ...
Stuck In The Middle With You:As Christopher Luxon feels the hot breath of Act’s and NZ First’s extremists on the back of his neck and, as he reckons with the damage their policies are already inflicting upon a country he’s described as “fragile”, is there not some merit in reaching out ...
The unpopular coalition government is currently rushing to repeal section 7AA of the Oranga Tamariki Act. The clause is Oranga Tamariki's Treaty clause, and was inserted after its systematic stealing of Māori children became a public scandal and resulted in physical resistance to further abductions. The clause created clear obligations ...
Buzz from the Beehive The government’s official website – which Point of Order monitors daily – not for the first time has nothing much to say today about political happenings that are grabbing media headlines. It makes no mention of the latest 1News-Verian poll, for example. This shows National down ...
It Takes A Train To Cry:Surely, there is nothing lonelier in all this world than the long wail of a distant steam locomotive on a cold Winter’s night.AS A CHILD, I would lie awake in my grandfather’s house and listen to the traffic. The big wooden house was only a ...
Packing A Punch: The election of the present government, including in its ranks politicians dedicated to reasserting the rights of the legislature in shaping and determining the future of Māori and Pakeha in New Zealand, should have alerted the judiciary – including its anomalous appendage, the Waitangi Tribunal – that its ...
Dead Woman Walking: New Zealand’s media industry had been moving steadily towards disaster for all the years Melissa Lee had been National’s media and communications policy spokesperson, and yet, when the crisis finally broke, on her watch, she had nothing intelligent to offer. Christopher Luxon is a patient man - but he’s not ...
Chris Trotter writes – New Zealand politics is remarkably easy-going: dangerously so, one might even say. With the notable exception of John Key’s flat ruling-out of the NZ First Party in 2008, all parties capable of clearing MMP’s five-percent threshold, or winning one or more electorate seats, tend ...
Bryce Edwards writes – Polling shows that Wellington Mayor Tory Whanau has the lowest approval rating of any mayor in the country. Siting at -12 per cent, the proportion of constituents who disapprove of her performance outweighs those who give her the thumbs up. This negative rating is ...
Luxon will no doubt put a brave face on it, but there is no escaping the pressure this latest poll will put on him and the government. Photo: Lynn Grieveson / The KākāTL;DR: These are the six things that stood out to me in news and commentary on Aotearoa-NZ’s political ...
This is a re-post from The Climate Brink by Andrew Dessler In the wake of any unusual weather event, someone inevitably asks, “Did climate change cause this?” In the most literal sense, that answer is almost always no. Climate change is never the sole cause of hurricanes, heat waves, droughts, or ...
Something odd happened yesterday, and I’d love to know if there’s more to it. If there was something which preempted what happened, or if it was simply a throwaway line in response to a journalist.Yesterday David Seymour was asked at a press conference what the process would be if the ...
Hi,From time to time, I want to bring Webworm into the real world. We did it last year with the Jurassic Park event in New Zealand — which was a lot of fun!And so on Saturday May 11th, in Los Angeles, I am hosting a lil’ Webworm pop-up! I’ve been ...
Education Minister Erica Standford yesterday unveiled a fundamental reform of the way our school pupils are taught. She would not exactly say so, but she is all but dismantling the so-called “inquiry” “feel good” method of teaching, which has ruled in our classrooms since a major review of the New ...
Exactly where are we seriously going with this government and its policies? That is, apart from following what may as well be a Truss-Lite approach on the purported economic “plan“, and Victorian-era regression when it comes to social policy.Oh it’ll work this time of course, we’re basically assured, “the ...
Hey Uncle Dave, When the Poms joined the EEC, I wasn't one of those defeatists who said, Well, that’s it for the dairy job. And I was right, eh? The Chinese can’t get enough of our milk powder and eventually, the Poms came to their senses and backed up the ute ...
Polling shows that Wellington Mayor Tory Whanau has the lowest approval rating of any mayor in the country. Siting at -12 per cent, the proportion of constituents who disapprove of her performance outweighs those who give her the thumbs up. This negative rating is higher than for any other mayor ...
Buzz from the Beehive Pharmac has been given a financial transfusion and a new chair to oversee its spending in the pharmaceutical business. Associate Health Minister David Seymour described the funding for Pharmac as “its largest ever budget of $6.294 billion over four years, fixing a $1.774 billion fiscal cliff”. ...
Bryce Edwards writes – Many criticisms are being made of the Government’s Fast Track Approvals Bill, including by this writer. But as with everything in politics, every story has two sides, and both deserve attention. It’s important to understand what the Government is trying to achieve and its ...
TL;DR: Here’s my top 10 ‘pick ‘n’ mix of links to news, analysis and opinion articles as of 10:10am on Monday, April 29:Scoop: The children's ward at Rotorua Hospital will be missing a third of its beds as winter hits because Te Whatu Ora halted an upgrade partway through to ...
span class=”dropcap”>As hideous as David Seymour can be, it is worth keeping in mind occasionally that there are even worse political figures (and regimes) out there. Iran for instance, is about to execute the country’s leading hip hop musician Toomaj Salehi, for writing and performing raps that “corrupt” the nation’s ...
Yesterday marked 10 years since the first electric train carried passengers in Auckland so it’s a good time to look back at it and the impact it has had. A brief history The first proposals for rail electrification in Auckland came in the 1920’s alongside the plans for earlier ...
Right now, in Aotearoa-NZ, our ‘animal spirits’ are darkening towards a winter of discontent, thanks at least partly to a chorus of negative comments and actions from the Government Photo: Lynn Grieveson / The KākāTL;DR: These are the six things that stood out to me in news and commentary on ...
The Government is again adding to New Zealand’s growing unemployment, this time cutting jobs at the agencies responsible for urban development and growing much needed housing stock. ...
With Minister Karen Chhour indicating in the House today that she either doesn’t know or care about the frontline cuts she’s making to Oranga Tamariki, we risk seeing more and more of our children falling through the cracks. ...
The Labour Party is saddened to learn of the death of Sir Robert Martin, a globally renowned disability advocate who led the way for disability rights both in New Zealand and internationally. ...
Labour is calling for the Government to urgently rethink its coalition commitment to restart live animal exports, Labour animal welfare spokesperson Rachel Boyack said. ...
Today’s Financial Stability Report has once again highlighted that poverty and deep inequality are political choices - and this Government is choosing to make them worse. ...
The Green Party is calling on the Government to do more for our households in most need as unemployment rises and the cost of living crisis endures. ...
Unemployment is on the rise and it’s only going to get worse under this Government, Labour finance spokesperson Barbara Edmonds said. Stats NZ figures show the unemployment rate grew to 4.3 percent in the March quarter from 4 percent in the December quarter. “This is the second rise in unemployment ...
The New Zealand Labour Party welcomes the entering into force of the European Union and New Zealand free trade agreement. This agreement opens the door for a huge increase in trade opportunities with a market of 450 million people who are high value discerning consumers of New Zealand goods and ...
The National-led Government continues its fiscal jiggery pokery with its Pharmac announcement today, Labour Health spokesperson Ayesha Verrall says. “The government has increased Pharmac funding but conceded it will only make minimal increases in access to medicine”, said Ayesha Verrall “This is far from the bold promises made to fund ...
This afternoon’s interim Waitangi Tribunal report must be taken seriously as it affects our most vulnerable children, Labour children’s spokesperson Willow-Jean Prime. ...
Te Pāti Māori are demanding the New Zealand Government support an international independent investigation into mass graves that have been uncovered at two hospitals on the Gaza strip, following weeks of assault by Israeli troops. Among the 392 bodies that have been recovered, are children and elderly civilians. Many of ...
Our two-tiered system for veterans’ support is out of step with our closest partners, and all parties in Parliament should work together to fix it, Labour veterans’ affairs spokesperson Greg O’Connor said. ...
Stripping two Ministers of their portfolios just six months into the job shows Christopher Luxon’s management style is lacking, Labour Leader Chris Hipkins said. ...
Tonight’s court decision to overturn the summons of the Children’s Minister has enabled the Crown to continue making decisions about Māori without evidence, says Te Pāti Māori spokesperson for Children, Mariameno Kapa-Kingi. “The judicial system has this evening told the nation that this government can do whatever they want when ...
It appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last year’s severe weather, and local councils relying on funding to build back from these disasters. ...
The Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labour’s environment spokesperson Rachel Brooking said today. ...
Labour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...
The Labour Party has called for the New Zealand Government to recognise Palestine, as a material step towards progressing the two-State solution needed to achieve a lasting peace in the region. ...
Some of our country’s most important work, stopping the sexual exploitation of children and violent extremism could go along with staff on the frontline at ports and airports. ...
The Government’s Fast Track Approvals Bill will give projects such as new coal mines a ‘get out of jail free’ card to wreak havoc on the environment, Labour Leader Chris Hipkins said today. ...
The government's decision to reintroduce Three Strikes is a destructive and ineffective piece of law-making that will only exacerbate an inherently biased and racist criminal justice system, said Te Pāti Māori Justice Spokesperson, Tākuta Ferris, today. During the time Three Strikes was in place in Aotearoa, Māori and Pasifika received ...
Cuts to frontline hospital staff are not only a broken election promise, it shows the reckless tax cuts have well and truly hit the frontline of the health system, says Labour Health spokesperson Ayesha Verrall. ...
The Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...
New Zealand’s good work at reducing climate emissions for three years in a row will be undone by the National government’s lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...
More essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...
Te Pāti Māori is disgusted at the confirmation that hundreds are set to lose their jobs at Oranga Tamariki, and the disestablishment of the Treaty Response Unit. “This act of absolute carelessness and out of touch decision making is committing tamariki to state abuse.” Said Te Pāti Māori Oranga Tamariki ...
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...
Cancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...
A laundry list of additional costs for Tāmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...
Foreign Minister Winston Peters discussed the need for an immediate ceasefire in Gaza, and enhanced cooperation in the Pacific with German Foreign Minister Annalena Baerbock during her first official visit to New Zealand today. "New Zealand and Germany enjoy shared interests and values, including the rule of law, democracy, respect for the international system ...
The Minister Responsible for RMA Reform, Chris Bishop today released his decision on four recommendations referred to him by the Western Bay of Plenty District Council, opening the door to housing growth in the area. The Council’s Plan Change 92 allows more homes to be built in existing and new ...
Thank you, John McKinnon and the New Zealand China Council for the invitation to speak to you today. Thank you too, all members of the China Council. Your effort has played an essential role in helping to build, shape, and grow a balanced and resilient relationship between our two ...
The Government is modernising insurance law to better protect Kiwis and provide security in the event of a disaster, Commerce and Consumer Affairs Minister Andrew Bayly announced today. “These reforms are long overdue. New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. ...
The coalition Government is refreshing its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end, Public Service Minister Nicola Willis says. “Three years ago, the then-government introduced changes to the Equal Pay Act to support pay equity bargaining. The changes were ...
Structured literacy will change the way New Zealand children learn to read - improving achievement and setting students up for success, Education Minister Erica Stanford says. “Being able to read and write is a fundamental life skill that too many young people are missing out on. Recent data shows that ...
Trade Minister Todd McClay says Canada’s refusal to comply in full with a CPTPP trade dispute ruling in our favour over dairy trade is cynical and New Zealand has no intention of backing down. Mr McClay said he has asked for urgent legal advice in respect of our ‘next move’ ...
The rights of our children and young people will be enhanced by changes the coalition Government will make to strengthen oversight of the Oranga Tamariki system, including restoring a single Children’s Commissioner. “The Government is committed to delivering better public services that care for our most at-risk young people and ...
The Government is making it easier for minor changes to be made to a building consent so building a home is easier and more affordable, Building and Construction Minister Chris Penk says. “The coalition Government is focused on making it easier and cheaper to build homes so we can ...
New Zealand lost a true legend when internationally renowned disability advocate Sir Robert Martin (KNZM) passed away at his home in Whanganui last night, Disabilities Issues Minister Louise Upston says. “Our Government’s thoughts are with his wife Lynda, family and community, those he has worked with, the disability community in ...
Good evening – Before discussing the challenges and opportunities facing New Zealand’s foreign policy, we’d like to first acknowledge the New Zealand Institute of International Affairs. You have contributed to debates about New Zealand foreign policy over a long period of time, and we thank you for hosting us. ...
From today, passengers travelling internationally from Auckland Airport will be able to keep laptops and liquids in their carry-on bags for security screening thanks to new technology, Transport Minister Simeon Brown says. “Creating a more efficient and seamless travel experience is important for holidaymakers and businesses, enabling faster movement through ...
People with an interest in the health of Northland’s marine ecosystems are invited to a public meeting to discuss how to deal with kina barrens, Oceans and Fisheries Minister Shane Jones says. Mr Jones will lead the discussion, which will take place on Friday, 10 May, at Awanui Hotel in ...
Kiwi exporters are $100 million better off today with the NZ EU FTA entering into force says Trade Minister Todd McClay. “This is all part of our plan to grow the economy. New Zealand's prosperity depends on international trade, making up 60 per cent of the country’s total economic activity. ...
There are heartening signs that the extractive sector is once again becoming an attractive prospect for investors and a source of economic prosperity for New Zealand, Resources Minister Shane Jones says. “The beginnings of a resurgence in extractive industries are apparent in media reports of the sector in the past ...
The return of the historic Ō-Rākau battle site to the descendants of those who fought there moved one step closer today with the first reading of Te Pire mō Ō-Rākau, Te Pae o Maumahara / The Ō-Rākau Remembrance Bill. The Bill will entrust the 9.7-hectare battle site, five kilometres west ...
Energy Minister Simeon Brown has announced 25 new high-speed EV charging hubs along key routes between major urban centres and outlined the Government’s plan to supercharge New Zealand’s EV infrastructure. The hubs will each have several chargers and be capable of charging at least four – and up to 10 ...
The coalition Government will not proceed with the previous Government’s plans to regulate residential property managers, Housing Minister Chris Bishop says. “I have written to the Chairperson of the Social Services and Community Committee to inform him that the Government does not intend to support the Residential Property Managers Bill ...
The Government has announced an independent review into the disability support system funded by the Ministry of Disabled People – Whaikaha. Disability Issues Minister Louise Upston says the review will look at what can be done to strengthen the long-term sustainability of Disability Support Services to provide disabled people and ...
Justice Minister Paul Goldsmith has attended the Universal Periodic Review in Geneva and outlined the Government’s plan to restore law and order. “Speaking to the United Nations Human Rights Council provided us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while responding to issues and ...
The Government and Rotorua Lakes Council are committed to working closely together to end the use of contracted emergency housing motels in Rotorua. Associate Minister of Housing (Social Housing) Tama Potaka says the Government remains committed to ending the long-term use of contracted emergency housing motels in Rotorua by the ...
Trade Minister Todd McClay heads overseas today for high-level trade talks in the Gulf region, and a key OECD meeting in Paris. Mr McClay will travel to Riyadh to meet with counterparts from Saudi Arabia and the Gulf Cooperation Council (GCC). “New Zealand’s goods and services exports to the Gulf region ...
Education Minister Erica Stanford has outlined six education priorities to deliver a world-leading education system that sets Kiwi kids up for future success. “I’m putting ambition, achievement and outcomes at the heart of our education system. I want every child to be inspired and engaged in their learning so they ...
The new NZ Transport Agency (NZTA) App is a secure ‘one stop shop’ to provide the services drivers need, Transport Minister Simeon Brown and Digitising Government Minister Judith Collins say. “The NZTA App will enable an easier way for Kiwis to pay for Vehicle Registration and Road User Charges (RUC). ...
Whānau with tamariki growing up in emergency housing motels will be prioritised for social housing starting this week, says Associate Housing Minister Tama Potaka. “Giving these whānau a better opportunity to build healthy stable lives for themselves and future generations is an essential part of the Government’s goal of reducing ...
Racing Minister Winston Peters has paid tribute to an icon of the industry with the recent passing of Dave O’Sullivan (OBE). “Our sympathies are with the O’Sullivan family with the sad news of Dave O’Sullivan’s recent passing,” Mr Peters says. “His contribution to racing, initially as a jockey and then ...
Assalaamu alaikum, greetings to you all. Eid Mubarak, everyone! I want to extend my warmest wishes to you and everyone celebrating this joyous occasion. It is a pleasure to be here. I have enjoyed Eid celebrations at Parliament before, but this is my first time joining you as the Minister ...
Associate Health Minister David Seymour has announced Pharmac’s largest ever budget of $6.294 billion over four years, fixing a $1.774 billion fiscal cliff. “Access to medicines is a crucial part of many Kiwis’ lives. We’ve committed to a budget allocation of $1.774 billion over four years so Kiwis are ...
Hon Paula Bennett has been appointed as member and chair of the Pharmac board, Associate Health Minister David Seymour announced today. "Pharmac is a critical part of New Zealand's health system and plays a significant role in ensuring that Kiwis have the best possible access to medicines,” says Mr Seymour. ...
Hundreds of New Zealand families affected by Fetal Alcohol Spectrum Disorder (FASD) will benefit from a new Government focus on prevention and treatment, says Health Minister Dr Shane Reti. “We know FASD is a leading cause of preventable intellectual and neurodevelopmental disability in New Zealand,” Dr Reti says. “Every day, ...
Regional Development Minister Shane Jones today attended the official opening of Kaikohe’s new $14.7 million sports complex. “The completion of the Kaikohe Multi Sports Complex is a fantastic achievement for the Far North,” Mr Jones says. “This facility not only fulfils a long-held dream for local athletes, but also creates ...
Foreign Minister Winston Peters’ engagements in Türkiye this week underlined the importance of diplomacy to meet growing global challenges. “Returning to the Gallipoli Peninsula to represent New Zealand at Anzac commemorations was a sombre reminder of the critical importance of diplomacy for de-escalating conflicts and easing tensions,” Mr Peters ...
Ambassador Millar, Burgemeester, Vandepitte, Excellencies, military representatives, distinguished guests, ladies and gentlemen – good morning and welcome to this sacred Anzac Day dawn service. It is an honour to be here on behalf of the Government and people of New Zealand at Buttes New British Cemetery, Polygon Wood – a deeply ...
Distinguished guests - It is an honour to return once again to this site which, as the resting place for so many of our war-dead, has become a sacred place for generations of New Zealanders. Our presence here and at the other special spaces of Gallipoli is made ...
Mai ia tawhiti pamamao, te moana nui a Kiwa, kua tae whakaiti mai matou, ki to koutou papa whenua. No koutou te tapuwae, no matou te tapuwae, kua honoa pumautia. Ko nga toa kua hinga nei, o te Waipounamu, o te Ika a Maui, he okioki tahi me o ...
Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
Comment: Almost half the world is voting in national elections this year and artificial intelligence is the elephant in the room. There are genuine fears AI-generated or AI-edited deepfakes will potentially manipulate election outcomes not just in the US and UK, but critically in countries such as India. For that ...
Ahead of the reality franchise’s return to New Zealand, allow us to introduce the eight brides and grooms. Chuck on a veil and tie back your man bun, because it’s time to say “I do” to a new season of Married at First Sight NZ. The reality TV “social experiment” ...
Source: The Conversation (Au and NZ) – By Andrew Norton, Professor in the Practice of Higher Education Policy, Australian National University Every year on June 1, student debt in Australia is indexed to inflation. In 2023, high inflation pushed the indexation rate to 7.1%, the highest since 1990. This ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Changes in the May 14 budget will cut the student debt of more than three million people, wiping more than $3 billion from what people owe. The government will cap the HELP indexation rate ...
Asia Pacific Report The prosecutor’s office at the International Criminal Court (ICC) has appealed for an end to what it calls intimidation of its staff, saying such threats could constitute an offence against the “administration of justice” by the world’s permanent war crimes court. The Hague-based office of ICC Prosecutor ...
By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk A women’s union in New Caledonia has staged a sit-in protest this week to support senior Kanak indigenous journalist Thérèse Waia, who works for public broadcaster Nouvelle-Calédonie la Première, after a smear attack by critics. The peaceful demonstration was held on ...
New Zealand Food Safety is monitoring overseas recalls of Indian packaged spice products manufactured by MDH and Everest due to concerns over a cancer-causing pesticide. ...
By Stephen Wright and Stefan Armbruster of BenarNews Fiji’s ranking in a global press freedom index has jumped into the top tier of countries with free or mostly free media after its government last year repealed a draconian law that threatened journalists with prison for doing their jobs. Fiji’s improvement ...
We might be in Invercargill but all anyone can talk about is Gore. Specifically, Salford Street. That’s where three-year-old Lachlan Jones lived, south of the centre of town, between the A&P Showgrounds and the Mataura River. Roughly 1.2 km away from the single level home he lived in with his ...
MONDAY I lined up the latest round of civil servants from city hall against the wall, and signalled for the firing squad to drop their rifles. I stepped up onto a wooden crate to look at the office workers in the eye. But that didn’t feel right, so I found ...
Keen hiker and second-year MSc student Liam Hewson wears two hats when he’s in the great outdoors. “The scientist in me appreciates nature and goes, ‘Oh, there’s that thing and there’s another thing,’ but then the tramper and the outdoorsy person in me thinks, ‘Cool bush.’” Born and bred in ...
After a long and illustrious career as a goal kicker, Dan Carter’s favourite way to unwind is… kicking goals. Why can’t he get enough of it? And what it’s like to watch him do it for an hour straight? A semicircle of people wielding cameras and phones has formed in ...
Dame Susan Devoy takes us through her life in television, including late night ER debriefs, her proudest CTI moment and the show she watches in secret. Quite aside from her four world champion squash titles, Dame Susan Devoy will likely go down in history as one of the best Celebrity ...
Hera Lindsay Bird reveals the best places in Ōtepoti to score more for your apocalypse-prep book hoard.Sometimes I get the feeling I’ve been killed in a car crash, and this second half of my life is just the brain unspooling itself, like one of those episodes of a hospital ...
ThreeNow’s new murder mystery series takes us on a dark, damp journey into the Australian wilderness.This is an excerpt from our weekly pop culture newsletter Rec Room. Sign up here. High Country is ThreeNow’s new Australian eight-part crime drama, set in a remote part of the Victorian highlands. It tells ...
Introducing a new way to read The Spinoff every weekend. After nearly 10 years of being an online magazine, we’re finally embracing the weekend liftout. Despite our best efforts to convince you otherwise, writers and editors at The Spinoff don’t work weekend. It is through the sheer power of technology ...
Tip one: let yourself be nurtured by this big old man. Tip two: don’t ask him to adopt you. So, you’ve arrived at your first session with a new therapist. He tells you to make yourself comfortable and you opt for the tweed armchair, hoping it makes you look like ...
I didn’t know books could open you back up; that there were books that stayed with you, where reading was like a chemical event. I knew nothing.The Sunday Essay is made possible thanks to the support of Creative New Zealand.Not too long ago, I was listening to the American ...
Former Olympic swimmer James Magnussen has already started training for the Enhanced games, though says he won’t start taking performance enhancing substances until about nine months out from the competition. The Australian world champion was the first athlete to be announced by Enhanced, but he says the organisation has had ...
Everyone thinks he’s dead. Every day they expect his body to be washed up along the coast. Most likely up Karitane way, the way the tide’s running. But nobody’ll be too surprised if his body’s never found. Even in death he wouldn’t have wished for such attention. He would have ...
Council members voted 21 to 4 in favour of Ahluwalia returning to the Laucala campus following a much-awaited meeting in Vanuatu this week. It comes as USP and its two unions — the Association of the University of the South Pacific Staff (AUSPS) and the Administration and Support Staff Union ...
Source: The Conversation (Au and NZ) – By Nicola Henry, Professor & Australian Research Council Future Fellow, Social and Global Studies Centre, RMIT University Shutterstock Following an emergency meeting of the National Cabinet this week, Prime Minister Anthony Albanese has announced a raft of measures to tackle the problem ...
Analysis - A poll showing the opposition is more popular than the government raises questions, politicians go through their 'trial by pay rise' and a Green MP loses her cool in the debating chamber. ...
The entire stretch of Tokomaru Bay on the East Coast will be subject to a joint customary marine title for two hapū, and extending up to four miles out to sea. A High Court judge has found the two groups, who during the case settled a dispute over boundaries for ...
Source: The Conversation (Au and NZ) – By James Hall, Lecturer, Media & Cultural Studies, Edith Cowan University A longstanding feud between TikTok and Universal Music Group seems to have finally reached an end, with both parties signing a deal that will see Universal-backed music returned to the social media ...
Source: The Conversation (Au and NZ) – By Siobhan O’Dean, Postdoctoral Research Associate, The Matilda Centre for Research in Mental Health and Substance Use, University of Sydney After several highly publicised alleged murders of women in Australia, the Albanese government this week pledged more than A$925 million over five years ...
Political parties have now fully disclosed the donations they received last year - with National getting more than double the cash of any other party. ...
A Pacific regionalism expert has called out New Zealand's Foreign Affairs Minister Winston Peters for withholding information from the public on AUKUS military pact. ...
Source: The Conversation (Au and NZ) – By Richard de Grijs, Professor of Astrophysics, Macquarie University Bruno Scramgnon/Pexels All systems are “go” for tonight’s launch of China’s next step in a carefully planned lunar exploration program. Placed on top of a powerful Long March 5 rocket, the Chang’e 6 ...
National returned a massive donation the day after a Newsroom story linked the donors to a property being investigated for operating unlawfully as a migrant workers’ hostel. The party’s 2023 donation filings, released on Friday, show it returned a $200,000 donation from Buen Holdings on August 23. That was the ...
Pacific Media Watch New Zealand has slumped to an unprecedented 19th place in the annual Reporters Without Borders World Press Freedom Index survey released today on World Press Freedom Day — May 3. This was a drop of six places from 13th last year when it slipped out of its ...
Source: The Conversation (Au and NZ) – By Joshua Black, Political Historian and Administrator Officer, Australian Historical Association, Australian National University Australia has had its fair share of public record-keeping controversies in recent years. Some have been mere farce, as in the case of two formerly government-owned filing cabinets (containing ...
Heavenly Culture, World Peace, Restoration of Light (HWPL), a United Nations-affiliated organization dedicated to fostering peace through civilian-led initiatives, has issued a statement in response to the escalating conflict between Israel and Iran. ...
A poem by Tessa Keenan, from AUP New Poets 10. Mātou These days we are a photograph; one of a farm strewn with cows that used to be bright harakeke or swamp. The kids point at it and say the sun sits behind a smudge (left by someone at Christmas); ...
The only published and available best-selling indie book chart in New Zealand is the top 10 sales list recorded every week at Unity Books’ stores in High St, Auckland, and Willis St, Wellington.AUCKLAND1 Small Things Like These by Claire Keegan (Faber & Faber, $25)The masterful Irish writer ...
Marriage and civil union statistics record the number of marriages and civil unions registered in New Zealand each year, and divorce statistics record the number of divorces granted in New Zealand each year. Key facts Marriages and civil unions In ...
Marriage and civil union statistics record the number of marriages and civil unions registered in New Zealand each year, and divorce statistics record the number of divorces granted in New Zealand each year. ...
Source: The Conversation (Au and NZ) – By Lennon Y.C. Chang, Associate Professor of Cyber Risk and Policy, Deakin University Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety ...
In this excerpt from her new memoir, Dame Susan Devoy remembers her turn as star contestant on the 2022 season of Celebrity Treasure Island. The most anxious time of every day was pre-elimination, when you knew this could be your final day on the show. I felt such contradictory emotions, ...
A week that began in triumph ended in an all-too-familiar disaster for the Green Party. Duncan Greive asks if there’s something in the mission that breaks its best and brightest. A long, strange week for the Green party began with a fantastic poll result. On one level this is hardly ...
By Lydia Lewis, RNZ Pacific journalist Vanuatu’s former prime minister and opposition MP Ishmael Kalsakau has stepped down — just two days after he confirmed he was the rightful opposition leader. Kalsakau, MP for Port Vila, confirmed to ABC’s Pacific Beat, and the Vanuatu Daily Post on Thursday that he ...
What’s to blame for the coalition’s choppy start? Six months in, and the mojo meter is in the doldrums. A new poll would put National out of power and sees its leader, Chris Luxon, sliding in popularity. How much is it about policy, how much coalition management and a perception ...
The striking report goes far beyond the proposed repeal of the Oranga Tamariki Act’s Treaty of Waitangi provision, and its impact should be felt far beyond the unique circumstances of the claim it addresses. Earlier this week, the Waitangi Tribunal released an interim report on the government’s proposed repeal of ...
The world has been experiencing a productivity slowdown, from which New Zealand has not been exempt. COVID-19 temporarily boosted labour productivity, but more recently, productivity has retreated. The overall trend since 2007 has been one of slow productivity ...
What’s more wasteful than spending $315k on syrup and machine maintenance? Trying to drum up a controversy about it.Cast your mind back to the pre-pandemic idylls of 2019. A “rat” was a disgusting rodent and not a self-administered plague test; the sixth Labour government was in power; and the ...
Source: The Conversation (Au and NZ) – By Kate Fitz-Gibbon, Professor of Social Sciences, Faculty of Arts, Monash University, Monash University Ken stocker/Shutterstock In the wake of numerous killings of women allegedly by men’s violence in 2024, thousands of Australians have joined rallies across the country to demand action ...
Source: The Conversation (Au and NZ) – By Henry Cutler, Professor and Director, Macquarie University Centre for the Health Economy, Macquarie University Oleg Ivanov IL/Shutterstock Waiting times for public hospital elective surgery have been in the news ahead of this year’s federal budget. That’s the type of non-emergency surgery ...
Source: The Conversation (Au and NZ) – By Konstantine Panegyres, McKenzie Postdoctoral Fellow, Historical and Philosophical Studies, The University of Melbourne Amna Artist/Shutterstock One of the earliest descriptions of someone with cancer comes from the fourth century BC. Satyrus, tyrant of the city of Heracleia on the Black Sea, ...
Source: The Conversation (Au and NZ) – By John Rose, Professor of Sustainable Future Transport, University of Sydney LanaElcova/Shutterstock Electric vehicles are often seen as the panacea to cutting emissions – and air pollution – from transport. Is this view correct? Yes – but only once uptake accelerates. Despite the ...
Source: The Conversation (Au and NZ) – By Giselle Natassia Woodley, Researcher and Phd Candidate, Edith Cowan University There is widespread agreement Australia needs to do better when it comes to gender-based violence. Anger and frustration at the numbers of women being killed saw national rallies over the weekend and ...
Source: The Conversation (Au and NZ) – By James Graham, Lecturer in Economics, University of Sydney Mark and Anna Photography/Shutterstock As home ownership moves further out of reach for many Australians, “rentvesting” is being touted as a lifesaver. Rentvesting is the practice of renting one property to live ...
Source: The Conversation (Au and NZ) – By Sukhmani Khorana, Associate Professor, Faculty of Arts, Design and Architecture, UNSW Sydney Netflix The new season of Heartbreak High is garnering mixed reviews. Critics are writing about the racy story lines, comparing it to other coming-of-age series about teenage relationships and ...
Bob Carr intends to launch legal action against Winston Peters and Julie Anne Genter is facing a second allegation of bullying. Both sucked the air out of an announcement on education, writes Anna Rawhiti-Connell in this excerpt from The Bulletin, The Spinoff’s morning news round-up. To receive The Bulletin in ...
In 1995, Sally Clark went out on her own in a bold and unorthodox attempt to join an illustrious group of equestrian riders conquering the world. In the days of glovebox road maps, brick cell phones, and the hit song How Bizarre, Clark refused to follow Sir Mark Todd, Blyth ...
Source: The Conversation (Au and NZ) – By Ben Beaglehole, Senior Lecturer, Department of Psychological Medicine, University of Otago niphon/Getty Images The number of people accessing medication for attention-deficit hyperactivity disorder (ADHD) in Aotearoa New Zealand increased significantly between 2006 and 2022. But the disorder is still under-diagnosed and ...
To celebrate the start of New Zealand music month, we look back at the best local tuneage that managed to weasel its way into Hollywood productions. There’s nothing quite like the thrilling zap of recognition when New Zealand weasels its way into a glamorous Hollywood production. Crack open a Tui ...
People trust other people more than institutions. So how can the media gain that trust through journalists without losing what’s important about the institution? Anna Rawhiti-Connell reflects on two years of curating the news for The Bulletin.Amonth ago, armed cops descended on my neighbourhood as calls to “lock your ...
All Blacks win a very tough semi-final.
More importantly, Shonkey in the audience basking in the reflected glory!
It’s so important that New Zealand can play such a meaningful role on the world stage!
Well worth the taxpayers dollars it cost to send him there!
http://d3lgc28rsiigal.cloudfront.net/wp-content/uploads/2015/08/image1.jpg?ac8fef
Pretty sure there a post just talking about this.
Shoot jk down. Works well.
But wait there’s more.. am guessing he wouldn’t be in the changing the rooms if we lost. 2nd photo down says it all really: http://www.stuff.co.nz/sport/rugby/73363625/all-blacks-and-john-key-share-victory-beers-after-rwc-semifinal
Great image here. Sport helps our international relations and our self image, along with lots of other positives (outlined by Ad earlier in the week).
very true, as long as it doesn’t become the ONLY thing that defines the nation. And as long as all the hype and commercialisation that goes with it doesn’t put unreasonable expectations on a generation coming through (as one of the commenters in your link refers to – its longevity will depend on grass roots participation)
Dairy, cow shit, unsawn logs and rugby just aren’t going to get us through it – but …. well done All Blacks (I’d say that though even if they’d lost)
@Lprent: a couple of times this morning loading The Standard has linked me to a Telecom HG630b Home Gateway login page.
That ain’t my router.
Careful it could be Slaters gateway
Col. Richard Kemp calls it “the most moral army the world has ever known.”
So why do thousands of young Israelis refuse to serve in the IDF?
Saturday 24 October 2015
In his pisspoor book Giving: How Each of Us Can Change the World, former U.S. president Bill Clinton tells what, even for him, is a breathtakingly cynical lie: he claims that an unarmed seventeen-year-old Palestinian peace activist, Asel Asleh, who was murdered by Israeli soldiers in 2000, was “caught in a crossfire and killed”. [1]
Asel Asleh was murdered fifteen years ago, but nothing has changed. Palestinians are still being harassed, humiliated, raped, shot, stabbed, crushed and killed by gangs of illegal “settlers” and by the soldiers of the Israeli Defence Force, which is, scandalously, infested by extreme hardline “settlers”. And there is a never-ending supply line of Bill Clintons justifying every illegal arrest, every kick, punch, knifing and shooting.
By Palestinian standards, Ansar Aasi is lucky: he is still alive, he can still walk, and—thanks to the fortuitous filming of his assault—he has been released, after three days of illegal and unwarranted detention. This is how the brave soldiers of the Israeli “Defence” Force—labeled by former commander of British forces in Afghanistan, Richard Kemp, as “the most moral army the world has ever known” [2]—dealt with the grave and imminent threat represented by Ansar Aasi….
https://www.youtube.com/watch?v=8XglcAdqybo
Without fail, politicians like Barack Obama, Joe Biden and Hillary Clinton wag their fingers at people like Ansar Aasi and express sympathy with the thugs who beat him up. Moral giants like Anthony Weiner scoffingly label them “little Palestinian terrorists”. Comedians like Sacha Baron Cohen and Jerry Seinfeld taunt, slander and ridicule people like Ansar Aasi and even, in the case of Baron Cohen’s Bruno movie, cast them as unwitting stooges in their “satires”.
But there are decent young people in Israel who—-unlike Obama, Biden, the Clintons, Weiner, Baron Cohen and Seinfeld—object to this. They’re called, contemptuously by the Israeli extreme right, “refuseniks”….
http://mondoweiss.net/2014/09/refuseniks-occupations-underbelly
[1] Bill Clinton Giving: How Each of Us Can Change the World (Hutchinson, 2007), page 91
[2] http://www.israeltoday.co.il/Default.aspx?tabid=178&nid=24780
+1 –
Rachel Aliene – deliberately run over by a bulldozer by Israeli military.
Corrie (April 10, 1979 – March 16, 2003) was an American peace activist and diarist.[1][2] She was killed by an Israel Defense Forces (IDF) armored bulldozer in a combat zone in Rafah, in the southern part of the Gaza Strip, under contested circumstances[2][3] during the height of the second Palestinian intifada.[4]
She had come to Gaza as part of her senior-year college assignment to connect her home town with Rafah in a sister cities project.[5] While there, she had engaged with other International Solidarity Movement (ISM) activists in efforts to prevent the Israeli army’s demolition of Palestinian houses.[2][6][7]
Less than two months after her arrival,[5] on March 16, 2003, Corrie was killed during an Israeli military operation after a three-hour confrontation between Israeli soldiers operating two bulldozers and eight ISM activists.[3][8]
Fellow ISM protestors saying that the Israeli soldier operating the bulldozer deliberately ran over Corrie, and Israeli eyewitnesses saying that it was an accident since the bulldozer operator could not see her.[9][10][11][12]
In 2005 Corrie’s parents filed a civil lawsuit against the state of Israel. The lawsuit charged Israel with not conducting a full and credible investigation into the case and with responsibility for her death,[13] contending that she had either been intentionally killed or that the soldiers had acted with reckless neglect.[3] They sued for a symbolic one US dollar in damages.
In August 2012, an Israeli court rejected their suit[3] and upheld the results of the 2003 military investigation, ruling that the Israeli government was not responsible for Corrie’s death. The ruling was met with some criticism.[14][15][16]
An appeal against the August 2012 ruling was heard on May 21, 2014. On February 14, 2015, Israel’s supreme court rejected the appeal.[17]
Now lets imagine if a US peace activist was deliberately run over by a Palestinian Bulldozer what the different international response would be?
Your thoughts. Surely the point of the Israeli Palestinian conflict is arrogance on the part of one side who believe that not only can they uproot and disenfrancize a whole community but nobody calls them out and they make out they are the victims. Of course this argument is used by both sides.
Will a UK cultural boycott of Israel help?
http://www.theguardian.com/world/2015/feb/13/cultural-boycott-israel-starts-tomorrow
…(shades of Springbok Protests boycotts on apartheid South Africa… you know the Springbok protests John Key forgot)
…it must be serious and effective because now there is a backlash from certain UK writers
‘Harry Potter author JK Rowling leads resistance to cultural boycott of Israel’
https://www.rt.com/uk/319503-israel-cultural-boycott-rowling/
https://sites.google.com/site/jewsagainstracistzionism/pinter-harold-nobel-laureate-harold-pinter-and-other-writers-slam-israeli-human-rights-abuses
http://www.theguardian.com/books/2013/apr/05/iain-banks-cultural-boycott-israel
Enjoy the rugby
TPP update
1. Globe and Mail: TPP’s copyright chapter will cost Canadians hundreds of millions
Canada’s rock-ribbed bastion of pro-trade, pro-Tory ideology has come out against the Trans Pacific Partnership’s Intellectual Property chapter in a leading editorial signed by the paper’s editorial board.
The paper calls out the government for caving to the US entertainment industry on copyright issues, particularly copyright terms, saying that they have no place in trade agreements, that their extension will not provide benefit to Canadians, and will cost the country hundreds of millions of dollars. https://boingboing.net/2015/10/24/globe-and-mail-tpps-copyrig.html
2. Good quick twitter summary of TPP and the internet.
http://www.dslreports.com/forum/r30372493-TPP-will-make-unlocking-jailbreaking-illegal
3.Doggett Warns TPP Text Work Could Water Down Deal; Rebuts USTR Sales Pitch
Rep. Lloyd Doggett (D-TX) on Friday (Oct. 23) warned that delays in releasing the Trans-Pacific Partnership (TPP) text could signal an effort by negotiators to water down the agreement announced on Oct. 5, and he also rebutted key Obama administration selling points regarding the deal’s environmental and tariff-cutting benefits. http://insidetrade.com/
!!!!!!!Pencil in 14 November for Protest Marches against TPP_ The Dead Rat Deal.
http://itsourfuture.org.nz/
+1
Two important articles about Inequality.
The first, why the majority of NZers agree that inequality is a problem, but why they don’t vote for political parties that would actually do anything about it:
http://www.interest.co.nz/opinion/78283/peter-skilling-examines-why-concern-over-inequality-doesnt-translate-support-political
Huffington Post has a story about the life and death of an Amazon ‘temporary’ warehouse worker:
http://highline.huffingtonpost.com/articles/en/life-and-death-amazon-temp/
Egalitarian people need to be given the tools to be able to argue against automatic market ideology. In the new world of sound-bites and Twitter length discussion, those tools need to be as short and inarguable as phrases like “market reality”. I think it is the opposition who must do this.
The man who uses these market force phrases most, Blinglish, has said this week they need to “get the market right” which screams anything but a free market to me.
I think he has realised he has screwed up and is having to intervene.
The “market” is simply a construct of rules and regulations that leads to a certain wealth distribution.
To attain a different, more equal, wealth distribution then quite simply the current rules and regulations need changing.
Such rules and regulations include tax rates, tax policies (eg cgt), provision of health, education, minimum wage rates, living wage rates, the list goes on and on.
Tweak and adjust each one until the required settings are attained. The current settings have led to the current inequality.
+1
That’s it exactly. The market is a construct of politics and behaves as the politicians have designed it to behave. If we have massive inequality and poverty that’s because the politicians have designed those things in to our society through the rules and regulations that they’ve put in place.
We can change these setting and thus change the outcome.
So to keep the present status quo I’d be best served by someone whose ideology was one that disregards any discussion of regulation, I.e a neolib who wants to get rid of them and so out of fear we’d all rather not change less we lose even the regulations we have. Aka Jamie Whyte, who in the contortion of reason supports the sugar subsides all because nobody will dare discuss them and their impact on global obesity and dental crisis, and so status quo means big govt intervention supported by Whyte by omission.
Yes, I understand that but the point I was trying to make is that the egalitarian participants in the focus group example above found it difficult to articulate that in the face of the flat right-wing mantra, “market reality”.
Why do we, the socially conscious left, not have equivalent short, powerful, and universally accepted memes with which to fight the idea that the market will decide everything?
Look in ‘reality’ when you have family you help each other out – simple. It’s got nothing to do with power, at the end of the day.
If I wanted you deflated and powerless I would leave you to rot. Sometimes it’s nice just to help and accept help- there’s nothing wrong with that.
The power is actually in your hands -really?
It’s got everything to do with power. Poor people can’t help themselves never mind their family – they simply don’t have the power to do so.
The rich, on the other hand, can buy MPs at Cabinet Clubs and get regulation and legislation tailored to them as we’ve seen with SkyCity, Warner Bros, Rio Tinto and other corporations that this government is heavily subsidising from the incomes of the poor.
more families than you appear to account for actually are constructed and operate around power and its abuse.
Market reality today is where a single strong interest of one or few individuals overrides an even stronger interest that is held by a much larger group.
Collective , democratic and governmental groups represent the collective interest of the many.
(Think factory spewing health destroying smoke V. clean air rules )
In two words – Erin Brockovich is the fight back
Or maybe “Victorian sweatshops”
Why do we, the socially conscious left, not have equivalent short, powerful, and universally accepted memes with which to fight the idea that the market will decide everything?
I think you make a very good point here muttonbird.
How abour Fair Trade concepts?
You already know the answer to these questions.
But do you?
I wouldn’t live this life, if it were not for love, the want to help, and the decency of wanting to help a relative. Why belittle myself to the size of a pip on purpose for the hell of it? There is a point to every exercise- always.
I am fair, understanding and kind. I know myself inside out. I have made huge sacrifices to be here, I have battle wounds, scars, emotionally and physically – I am drained, tired, fu8ked off, frustrated, hurt, angry and fed-up. But I don’t give up; I get up, over and over and over and over again. If ‘I’ keep trying then- you must try yourself, ESPECIALLY considering the outcome is 100% in our favour.
you missed out “drop dead gorgeous and aspirational”
Yes, and I also know how to have a productive conversation. Fuck off trole.
Eurozone crosses Rubicon as Portugal’s anti-euro Left banned from power
So much for democracy in Europe.
You bet me to it. The most disturbing story of the day.
And raises a serious question- why have a head of state if they can over-rule democratic choice?
Technically our head of state, the Queen, can still overrule our democratic choices.
Fortunately there is an historical reason for her not to do so in case it doesn’t work out so well.
Anibal must be really confident (or just stupid) that state force will be able to quell the masses forever. Or he might just be one of those people who has confidence in their own bolt hole, and that they can take it all with them in the next life. When he/she drives, it probably never occurs to him/her to look in the rear vision mirror once in a while.
I’m wondering where the ‘hard right’ think they’re going to find exile in 20 years time – somewhere in the Islamic State or Israel maybe?
New Zealand. Hard to see the masses uprising here.
Dreams are free, but Spain …. Portugal ….. most of South America, India, most of the African continent …. and whatever is left ….
???
Hold on. In Portugal the highest-polling party gets first crack at governing, and coalitions/alliances are declared before the election, right?
Sounds like you’re making shit up.
So not right? Is that what you’re saying?
And this one is a must read as well. David Graeber at his best:
I do suggest downloading and reading the PDF linked here.
Good link – lots of interesting stuff in there
FVEY vs Kim Dotcom
We need to take our democracy back off of the bureaucrats.
We need to take our democracy back off of the bureaucrats.
In Vladimir Arnold reminiscence of Rokhlin,he discussed the latter’s vision for the future.
I recall another conversation with Vladimir Abramovich, the subject of which
he would return to again and again – his vision of the future of humanity. According to him, humanity is moving towards bureaucratization where an all-powerful bureaucratic apparatus will be suppressing everything alive and creative that still exists. According to him, this phenomenon is not exclusive to Russia, it is global, although this is an uneven process. Rokhlin thought that this process would be soon completed (in view of the fact that two-dimensional sphere is compact), and the Global Government will be created, which will realize the worst predictions of Zamyatin’s “We” and Huxley’s “Brave New World” on the global scale. Degenerating humanity lead by their worst representatives will democratically establish ochlocratic dictatorship, which will be suppressing everything out of the ordinary and will be mainly preoccupied with stopping progress, and, as a result, destruction of education and science (by means of dumbing down children from a very young age by watching TV, playing video and computer games).
Our times, the golden age of mathematics and science in general will then
be considered an unprecedented highest point, the way we now think of Italian
Renaissance Art, and Klein’s “Lectures on Development of Mathematics in the
Nineteenth Century” will read as Vasari’s “The Lives of the Artists”.
“I am glad I will not live to see that”, concluded Rokhlin.
It is difficult to debate such predictions, however I would like to cite a similar
prediction by Leo Tolstoy that has not quite become a reality. “The strength of
the government lies in the people’s ignorance, and government knows this, and will, therefore, always oppose true enlightenment”
http://www.ams.org/bookstore/pspdf/mbk-86-prev.pdf
Do you need any more reasons to go on the people’s climate march on Saturday 28 November?
Our glaciers have shrunk by one third.
http://www.radionz.co.nz/news/national/287912/nz's-glaciers-have-shrunk-by-a-third-report
Details of march
http://act.350.org/go/8464?t=1&utm_medium=email&akid=8196.229789.hWpR00
Rational Voting In An Irrational System
That is a lesson that the Left in NZ seem to want to refuse to learn. It’s why we still have a National led government instead of Hone and Laila in parliament supporting a DC led Labour/Greens/IPMana government.
To suggest that NZFirst would have gone with that unstable hydra at the 2014 election is pretty dubious.
Instead we’d right now have an NZFirst – National government. Probably better than what we have now, but still not what we need, and clearly primes the stage for a NZFirst – National coalition in 2017 as well.
IMO, NZFirst would have gone for Labour/Greens/NZFirst coalition with IPMana on the cross benches. After National’s attack in 2008 I doubt that NZFirst will be considering propping up a National government for the foreseeable future.
If either key or Winston weren’t the leader of there party would you still think a coalition was unlikely?
ATM, yes. Today’s National is a long way away from what it was in the 1970s which seems to be where NZFirst seem to be positioning themselves.
Winston’s a pragmatist. He didn’t got with Labour in 1996 because Helen wasn’t speaking to Jim, and he didn’t think that would work for a government.
The coalition you’re suggesting would be made up from a notoriously divided Labour party, an untested Green party and supported by a crazy german that the public hate. Up against John Key.
Creepiness to the extreme. Parliament goes into recess so FJK can continue to stalk Richie McCaw (and the boys)!
Bet there are also a few other NatzKEY politicians over in the UK as well sharing the fun. Sod the country. More important to have a beer with the boys and to be seen doing so! FFS!
http://www.stuff.co.nz/sport/rugby/73363625/all-blacks-and-john-key-share-victory-beers-after-rwc-semifinal
Don’t worry.
Andrew Little will soon be there. Once he arrives the All Blacks will really be terrified and will be hiding away to keep out of the reach of feral politicians.
Just what are the polie’s excuses anyway?
Universal Basic Income Will Likely Increase Social Cohesion
Remove the stress of competition and everyone benefits.
EDIT:
Our present National led government is doing the exact opposite of what needs to be done.
What level would you set the Universal Basic Income at?
Would you make it $25,000/year say?
Are you aware that to do so would require that this would require raising the tax rate, on all incomes, by about 50% unless you could reduce other spending dramatically?
I do mean by 50%, not to 50%.
A few things:
1. I’d set it at about $20k
2. Our entire tax structure needs to be changed and I’d incorporate a UBI with that change. It may be the first step in that change but it would certainly be a part of it.
3. I’d stop the private banks from creating money. This should stop runaway inflation even without changing tax rates
And I’d already figured that a UBI would need tax rates above the flat 30% that Morgan wants if we stayed with the present system. But considering that a few people are ripping us off to the tune of $6 billion per year then I figure a change to the tax system to catch that would also help constrain any inflation that may arise.
$6 billion/year isn’t very much compared to the cost of a UBI though is it?
Suppose we paid the UBI to everyone in the country, and did it at your rate of $20,000/annum.
That comes to about $90 billion/year doesn’t it.
If we limited it to those over, say, 18 it would be around $70 billion/year.
The amount it comes to isn’t actually a problem. As I’ve said before, we’ve got the financial system backwards. We look at it as the government needing to raise money to do these things when the government is actually the source of all wealth and money in a country. Taxes then destroy the money that the government creates constraining inflation.
Alwyn. Have you ever read the website set up to explain the book written by Gareth Morgan and Susan Guthrie called The Big Kahuna? It can be found at: http://www.bigkahuna.org.nz/
I ask because I would be very interested to see an informed debate by commenters here using the explanations and Q&A sections on the above site as a common reference point, rather than this point scoring nonsense that rears its head every now and then. What do you say? Are you serious about having such a discussion? If so, why not choose an explanation from the Q&A you are dissatisfied with and explain your reasoning and then see what response you get?
Oh dear.
I tried the Minister of Finance calculator giving everyone $20,000.
I also had a 15% GST and a required rate of return on capital of 4% (Can you do better at the moment)
The flat tax rate to have a (tiny) surplus was 70%. Perhaps Rob Muldoon was right when he had a tax rate of 66% as his top rate.
I read “The Big Kahuna” when it first came out. It was long enough ago that I don’t feel I can really comment on it without fully rereading it and I don’t think I have the time or inclination to do so.
Relax mate, a UBI of $250 pw ($13,000 p.a.) will be enough if the government lowers the cost of accomodation, food and power, while making healthcare truly accessible and timely.
And private sector employers will do great out of having to pay workers less.
The purpose of a UBI, as I understand it was to replace all other benefits.
You appear to want to retain things like subsidised power , subsidised food, subsidised housing don’t you?
So instead of being the only benefit you want to add it to all the other ones.
Are you really in favour of reduced wages? What about the “living wage” that people seem to be in favour of?
Dude a UBI is not supposed to replace the rest of NZ society like free healthcare and free education. And it certainly isn’t a ticket for privateers to gauge consumers at the power meter and the water meter.
Is there a reason you want foreign shareholders to keep ripping billions of dollars out of NZ consumer pockets every year?
Hey I didn’t comment on Health care or Education did I?
I said “You appear to want to retain things like subsidised power , subsidised food, subsidised housing don’t you?” There is no claim there that a UBI is meant to replace either of these.
There isn’t any private investment in water in New Zealand is there? Unless there is it is hard to see how it would involve ripping of consumers.
Power charges are another matter. I don’t really know enough about the details to comment on it though. I haven’t really bothered to go through all the economics of the electricity industry here although I plead guilty to having bought shares in a couple of the companies.
So not prepared to have an issue by issue conversation using the Q & A as a common reference point. by the sound of it. Just intellectually dishonest pot shots from the sidelines.
Life is tough.
As I said I read it when it first came out in about 2010 or so.
I really don’t want to revisit the epistle. It isn’t really the most important work ever published is it?
Why don’t you start the conversation if you are so keen on it rather than accuse me of intellectual dishonesty because I don’t choose to play by your rules?
Did you attempt to have a discussion or debate with the authors of TBK when it was published and the website went up? They made themselves very available and still are through Morgans website. I wonder why you didn’t try throwing your nuggets at them? Worried about being shot down in double quick time?
I suggested using their Q & A because it provides an easily available reference point for many of the criticisms and questions directed to the authors as promoters of the UBI. Anyone who IS intellectually honest would surely be interested in building on information already in the public domain in a structured and inclusive manner rather than sniping in a disorganised and non productive way, essentially designed to create more heat than light. I don’t pretend to be an economist or an expert on the concept of a UBI, but I can follow a discussion on the issues involved when the participants aim at clarity rather than deliberately leading the discussion down dark alleys which seems to be your modus operandi.
Yes I did talk to them.
I suppose I am being a bit tough on you.
As you admit, you say
” I don’t pretend to be an economist or an expert on the concept of a UBI”.
I have a PhD in Economics, and I suppose I don’t really feel like spending my time discussing topics where you have to go back to basics to try and get someone to understand them. You can call me arrogant if you like.
Sorry but your opinion that I am “intellectually dishonest” I find offensive. I really don’t have the time or inclination to try and educate the ignorant on the subject.
You may not have realised it but you are not on a specialist forum for special people with PHD’s in economics. This is a public space for all comers. So yes, you are probably right that you are an arrogant arse who finds it beneath himself to construct his argument in such a way that mere mortals can follow his line of thinking.
Did you manage to stump your economist peers (Morgan and Guthrie) with your cute line of questioning?
Your method seems to involve a line of rhetorical questions which suggest that there are almost insurmountable problems that make a UBI unworkable, when you are obviously familiar enough with Morgan and Guthrie’s work that you know what their proposal consists of in its totality and you know that the kind of questions you are asking here have been asked and answered elsewhere. I call that dishonest.
I suspect you have an ideological and / or moral aversion to the concept of a UBI which colours your ability to scrutinize it with an intellectually objective eye. Tell me it isn’t so.
Harvard ethicist Louis M. Guenin describes the “kernel” of intellectual honesty to be “a virtuous disposition to eschew deception when given an incentive for deception.”
The correct, maximum return to owning capital is zero. In fact, it should actually cost you to hold capital.
Don’t want a surplus. In fact, the governments deficit would be the rate of growth in the economy.
To replace most of them. There would still be a few extras for people with special needs.
Nope. What I want is to have them provided as a government service at close to cost. Take into account maximum public servant wages/salaries of $150k (or less) and the fact that there won’t be any profits/dividends means that costs will actually go down.
Yes and we wouldn’t actually need either the living or minimum wage with a UBI.
“Yes and we wouldn’t actually need either the living or minimum wage with a UBI”
…that would depend entirely upon the level of a UBI. If any UBI covered the basic cost of living (do we have a different level for Auckland/ Queenstown?) then that may be true however every proposal i have seen to date has not reached that level by quite some amount, therefore in the majority of cases there will still be a need for some other form of income and if that involves paid labour are you seriously suggesting legal protections will be redundant?
“Are you aware that to do so would require that this would require raising the tax rate, on all incomes, by about 50% unless you could reduce other spending dramatically?”
Who says so, and why? This is simply untrue. The government could issue a UBI of any value (including $25,000 p.a) without raising a single dollar of extra funding if it wanted to.
According to Gareth Morgan we can create an $11,000 basic income by setting all income tax rates at 30%: https://www.youtube.com/watch?v=O4LUiSfLIa8
Plus the government does not need taxes to fund the UBI. It can issue the money first and then tax it back later.
I cannot see any real difference between paying out the money today and taxing it back tomorrow and taxing today to pay it out tomorrow.
They still are going to collect the amount of tax that goes out in the UBI aren’t they?
Besides “Nic the NZer ” appears to be implying, and I may be misreading his intention, that there is no need fund the payment at all. They can just print the money and never bother to collect it back.
The former increases the stock of money available to the people.
The latter decreases it, or at best, keeps it neutral.
It could be viewed as a form of PQE I suppose?
The difference is where and at what time in the cycle the money is created/destroyed and how it’s used.
At the moment the majority of money is created by the private banks and spent where they choose. A hell of a lot of it goes on existing housing thus pushing house prices up. This money is then taxed giving the government an income.
The other way the government creates the money and spends it where it’s needed. People have in income that keeps them well, infrastructure is built without interest and the government can also spend massively on R&D.
The first way accepts the delusion that the private sector is the source of all wealth and the second accepts the reality that the government is.
It would have interesting inflationary consequences wouldn’t it?
$25k/person/year would represent an additional $112 billion being added to the money supply each and every year.
At the moment M1 is about $42 billion. The broadest aggregate, M3 is about $290 billion. Giving the money out as a direct payment would simply add to M1 I would suggest.
If you gave everyone $25k/year M1 would be $42 billion today, $156 billion this time next year, $268 billion in two years and so on.
Do you really think that inflation wouldn’t go through the roof?
Firstly, you are assuming here that everyone gets a lift by the amount of the UBI.
That is incorrect. The UBI will partially replace the first part of wages and salaries which are currently being paid out.
Secondly, why would inflation “go through the roof” by giving every Kiwi just enough to get on by? A UBI is not geared for people to spend lavishly or extravantly – therefore the pressure on inflation will be negligible.
I suggest you look at my reply to Draco just below here. I was talking about Nic’s comment which appeared to assume no taxes to get the money back. Thus what he was saying appears to be a permanent increase to the money supply.
I also don’t understand what you mean by the comment that
“The UBI will partially replace the first part of wages and salaries which are currently being paid out”
I had thought it was intended to go to everyone and be in addition to whatever they earned.
Not necessarily as there’s things that can be done to keep the amount of money added to the economy the same or even decrease it. These would include but not be limited to:
1. Stopping the private banks from creating money when they make a loan
2. A reworking of taxes so as to take more money out of circulation
3. Preventing the importation of foreign money into NZ$
Yes, it would be Reserve Currency rather than Bank Money.
There’s these things called taxes that could be used to destroy the money created at near balance.
Not if it’s done properly. In fact, I’d expect inflation to drop.
You say
“There’s these things called taxes that could be used to destroy the money created at near balance.”
That is fine but Nic said
“The government could issue a UBI of any value (including $25,000 p.a) without raising a single dollar of extra funding if it wanted to.”
He was the one I was responding to and he appears to be saying that no taxes to recover the money would be necessary. Surely you would regard taxes to destroy the money would be “extra funding”. The case you are defending doesn’t seem to be the one (Nic’s) I was questioning.
Well I wanted to know what the problem was for a start. First we need to take into account that the government can’t run out of money, it doesn’t face a budget constraint.
Your talking about an ‘increase in the money supply’ which does not even need to occur. The government (including the RBNZ) could borrow (not tax) the funds spent resulting in no increase in the M1 money supply. Presently they do this almost daily in order to allow the RBNZ to maintain its OCR policy.
Further, even assuming that the extra spending is not reversed, the Quantity Theory of Money which you are then using to imply inflation doesn’t work. There is no necessary implication of inflation. This conclusion depends entirely on the capacity of the economy to absorb additional spending having been exhausted. Clearly the economy is presently running below capacity so it can absorb additional spending.
Awesome video of a tornado.
Bill McKibben –
Exxon Knew Everything There Was to Know About Climate Change by the Mid-1980s—and Denied It
And thanks to their willingness to sucker the world, the world is now a chaotic mess.
http://www.thenation.com/article/exxon-knew-everything-there-was-to-know-about-climate-change-by-the-mid-1980s-and-denied-it/
https://twitter.com/hashtag/exxonknew
Previously on TS – http://thestandard.org.nz/exxon-knew/
Nihilistic Password Security Questions
#8 fits NZ ATM 😈
Password questions for the seriously depressed.
After reading these I felt like adding another.
Right after “When did you stop trying” I want to add
“Why can’t you stop crying”.
I much preferred your previous link to the Tornado.
Tony Blair truly sorry or simply covering his butt?
http://www.theguardian.com/uk-news/2015/oct/25/tony-blair-sorry-iraq-war-mistakes-admits-conflict-role-in-rise-of-isis
Disingenuous warmonger making a pre-emptive control-the-narrative non-apology.
+1 Indeed.
Yep, that’s about the way I figured it.
He’s not saying sorry, he’s making excuses for why the war was necessary.