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notices and features - Date published:
6:00 am, September 28th, 2022 - 40 comments
Categories: open mike -
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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“I’ve written a lot over the years about zombie economic ideas — ideas that have failed repeatedly in practice, and should be dead, but somehow are still shambling around, eating policymakers’ brains. The pre-eminent zombie in American economic discourse has long been the belief that cutting taxes on the rich will create an economic miracle.”
Sound familiar? The idea of National and Act as packs zombies has some appeal.
Paul Krugman quoted from;
http://werewolf.co.nz/2022/09/gordon-campbell-on-what-britains-tax-cutting-spree-means-for-us/
Seems Labour can’t change this – maybe the Gnats can. Who
needswants a tax cut?https://thespinoff.co.nz/society/16-08-2022/the-side-eyes-two-new-zealands-the-table
Yet as soon as any tax change goes into the public arena, everyone both business and vox populi has such a shitfit that the government can't do anything except walk it back.
Here we are just over a year from election, polls going the wrong way, and guess who's coming for dinner?
At least one of the parties coming to 'dinner' believes its an 'all you can eat' buffet.
The idea of National and Act as packs zombies has some appeal.
Sadly, the selection of Bed-leg Sam suggests that National intellectual aspirations fall somewhat below those of the mindless undead.
'It is a truth universally acknowledged that a zombie in possession of brains must be in want of more brains.' ~ Seth Grahame-Smith
Brains are not Sam’s forte.
Interesting developments in Europe with the the Nordstream pipelines apparently sabotaged. There is evidence of several underwater explosions around the time they started leakin.
Theories abound for who might have done it. Some are pointing the finger at the Russians. But they had already shut off the gas anyway, and blowing them up removes a bargaining card the Russians had. That is, bargaining to put the gas back on as a contra for removing sanctions etc. Then again, perhaps the Russians were trying to demonstrate their capability and intent to damage other critical European infrastructure.
Others are pointing to the US, Poland, or even Germany itself as a strategy to undermine energy protests that could derail the coalition.
Others are pointing to Ukraine. But they already have Russian gaslines running through their territory that would be much easier for them to sabotage.
Except Ukraine earns transit fees from the pipelines going through their territory
The other issue for Ukraine is capability. They don't really have a navy at the moment, and they have their hands full anyway. I don't think anyone is seriously suspecting Ukraine.
Who would benefit the most?
Who would this hurt the most (benefit their enemies)?
There are multiple possibilities in that respect, and who benefits the most isn't clear.
"If Russia invades, that means tanks or troops crossing the — the border of Ukraine again, then there will be — there will be no longer a Nord Stream 2," Biden said during the press conference with Scholz, who did not go as far as Biden, but insisted the U.S. and Germany remain "absolutely united." Pressed on how he can commit to that given that Nord Stream 2 is under German control, Biden doubled down, saying, "We will — I promise you — we will be able to do it."
https://abcnews.go.com/Politics/biden-meet-german-chancellor-urge-united-front-amid/story?id=82712888
Surely not.America would never meddle in the affairs of a sovereign….nation….would it?
good god no
Unless their vital interests were at stake?
Who knows, there may have been fears the Germans might backslide(after all NS2 is just as much their baby as Russia's)
Best to cut that possibility off at the pass, and have Germany buying expensive LNG
They are merely returning to the values of a more enlightened foreign policy:
Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.
That joke is in very poor..taste.
Not as poor taste as shilling for a genocidal totalitarian despot.
Emotive over exuberance.
New Dr Evil with death ray…..same as old Dr Evil…
Hmmmmm
https://twitter.com/ABC/status/1490792461979078662?s=20&t=WyJ8hLFJOGW9MKYfPG9JCA
What's the bet, Gerry Brownlee was at fault?
National MP Gerry Brownlee in central Wellington car crash | Stuff.co.nz
It's a literal crash, not a figurative one, so he might not be.
Gerry mostly crashes the economy or smashes an earthquake ravaged city with disaster capitalism, this is small potatoes for King G
and airport security
tbf Jezza was probably in a hell of a hurry…
https://www.stuff.co.nz/national/education/129997614/schools-early-childhood-centres-failing-disabled-learners-education-review-office-says
IHC filed a complaint with the Human Rights Commission about precisely these kinds of issues. It was about 10 or 12 years ago now. The last we heard it was sitting with the Human Rights Review Tribunal. I remember reading about it back then thinking the fact IHC is the largest provider of government contracted services for disabled people in the country that the complaint won't go far. We received a glimpse of IHC's gutlessness when they tried to defend paying sleepover workers less than the minimum wage.
It would've been a slam-dunk at the Human Rights Review Tribunal. Maybe there's still hope and the case is still on track to be heard, I don't know. But I think the safest bet is to assume that IHC's again dropped the ball and that their permanent residence deep up the government's arse has meant yet another disservice to disabled people.
If disabled people want to know why, despite raising the same issues time and time again, things never change, ask IHC.
Keir Starmer sets out his priorities for the first 100 days of office.
State-backed energy and a ‘sense of hope’: Starmer sets out stall as No 10 contender | Keir Starmer | The Guardian
He's going to set up a new very large energy company, British Energy.
He has already announced plans to make the UK the first major economy to generate all of its electricity without fossil fuels.
He says this can be achieved by 2030 – five years earlier than being planned by the government (note NZLabour has the same goal).
"The road to net-zero is no longer one of stern, austere, self-denial," he said in his speech.
"It's at the heart of modern, 21st century aspiration. Technology has turned everything on its head. Green and growth don't just go together – they're inseparable.
"The future wealth of this country is in our air, in our seas, and in our skies. Britain should harness that wealth and share it with all."
So that's a long way short of nationalising the entire major energy generators.
But it says for Labour UK, energy bills are the way to the voters' hearts.
Yes, nationalising the industry here must surely be a no-brainer for this government.
RE-nationalising, you might say.
Opportunity for infinite power.
https://img.ifunny.co/images/dcb07397e66a13e831f55556e5b83fdb4562b389776923aa7d969b4fcb3ff0f6_1.webp
Edit: I see there’s discussion above oh well lol Anyone watch the UK labour party conference?
They've rebranded energy nationalization into patriotic ownership that will stop the french sucking money out of the UK.
When all else fails bash the french and appeal to British patriotism 😂
I think NZ labour could learn a thing or two from this strategy ie sell the water reforms solely as a way to keep water from being privatized and sold to china, by kiwis for kiwis. I think the left would be surprised how much of middle NZ would go for that…
Painting nationalization of things as patriotism and keeping kiwis money and assets in NZ hands not overseas appeals to a lot of people.. most new zealanders hate privatization with a firey passion and branded correctly as a patriotic act instead of as some sort of social justice act I can see it being overwhelmingly popular
Good luck to UK labour, the economic suicide cult that's just been placed in power is more radical than thatcher, and Boris was elected on a populist nationalist faux anti trickle down agenda so seeing this new Truss administration embracing extreme trickle down when even America has abandoned it is not going to win the Tories any fans in the red wall and elsewhere.
I do wish UKLP would hurry up and embrace proportional representation, they'd be much more competitive, and the Tories would often be knee capped by coalition partners.
I covered this at Comment 5.
It's not renationalisation. It's a specific new public corporation.
The BOE has three main mandates in its charter.
1) Monetary policy
2) Provision of currency
3) Waging war on the French.
The anti-French stuff makes a lot of sense in the UK. This is simply because the main outcomes of 'privatisation' of the UK energy markets was a very large chunk of UK energy now comes from French SOEs. Especially with Nuclear the private sector was never going to take the risks of its operation.
Its similar to NZ banking conversations ending up talking about Aus owned banks.
Russia has a new citizen….
'The only thing that has changed is that as a result of his Russian citizenship, apparently now he may well be conscripted to fight in the reckless war" in Ukraine, he added.'
Putin grants Snowden Russian citizenship | The Manila Times
No, he's not eligible, as he's never served in the Russian army.
In the
RussianTerran Federation service guarantees citizenship.The hawks in Moscow might be a little less enthusiastic if they had to follow the rules.
The piss-takers are having fun.
https://twitter.com/R82938886/status/1574865224108220423
https://twitter.com/R82938886
https://www.businessinsider.com/russia-state-media-staff-exempt-from-putins-ukraine-draft-2022-9
Why flying school strikers aren't hypocrites (msn.com)
We won’t comment on the breathtaking “hypocrisy” of right wing pretend “Journalists” , collecting tax payer dollars by the handful.
Author Barbara Ehrenreich died early this month.
Prolific and passionate, her work will always be worth reading.
Here is a particularly profound excerpt:
―From Barbara Ehrenreich’s Nickel and Dimed: On (Not) Getting By in America
IMF issues warning to UK,over leveraged tax cuts .
https://www.bbc.com/news/business-63051702
JP Morgan issues stronger warning ( mp's jobs may be at risk)
https://twitter.com/ReutersJamie/status/1574530414303068160?cxt=HHwWgICqibrE7dkrAAAA