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All the evidence (eg) shows that increasing the price of harmful substances is the best way to decrease their use and, particularly, their abuse. Minimum pricing is one effective measure to do that for alcohol. But John Key disagrees. Based on ... nothing. He hasn't…
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The only remaining possible legal threat to the Nats' plans to sell off our power companies is a Treaty based claim to water rights or riverbeds: Maori party co-leader Tariana Turia is calling on iwi to investigate claiming the ownership of riverbeds around the country.…
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As many of us expected, National has no intention of ever enforcing the ETS in the area where it makes the most difference to NZ emissions - agriculture. Key likes to spin our "all sectors all gasses" scheme when he's posing overseas, but it's not…
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Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to Policy in the banner). Step right up to the mike...
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As usual, Alex puts his finger on the problem. Regulatory compliance is not high on the agenda for interest-rate rigging banks in England, who even after being caught rigging interest rates are still resisting any further regulation. Tapu Misa has the full story, and the…
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A speech from the CEO of Exxon Mobil made quite a splash recently: Exxon CEO: Fossil fuels will warm planet, but humans can adapt ExxonMobil CEO Rex Tillerson says fears about climate change, drilling, and energy dependence are overblown. In a speech Wednesday, Tillerson acknowledged…
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If anyone knows the original source of this please post it in comments.
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From I/S at No Right Turn: Property rights should not trump human welfare This week, Maori Affairs Minister Pita Sharples suggested that Christchurch's growing number of homeless squat in abandoned red-zone properties rather than sleeping in their cars. The response with swift, with an outraged Gerry…
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House prices and rents are rising quickly in Auckland. The reason is pretty simple: from 2008 to 2011, it added 70,000 people and only 10,000 houses. The shortfall will have been worsened by the exodus from Christchurch since then. While the population's growing, more houses…
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We know that the Police overstepped their authority following their Hollywood wannabe raid on Dotcom's home. They used invalid warrants to take property of Dotcom's that they weren't entitled to, and gave that data to the FBI. Now, we learn that Key's office was involved…
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Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to Policy in the banner). Step right up to the mike...
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Instead of the usual line-up of finance-company flacks and failures that usually litter their pages, SST Business Editor Rob O'Neill wrote about something really positive and interesting in today's paper. He had this to say (not on-line yet): There is a great deal of lip-service…
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Another scandal in Britain's banks - interest rate-swapping on small business loans. Banks offered small businesses supposedly low hedging insurance on interest rate movements, knew they could get cheaper rates themselves because they had better market information, and pocketed the difference as guaranteed profit. The…
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I'm going to try and put up a piece each Sunday of interesting, longer, deeper stories I found during the week. It's also a chance for you to share what you found this week too. Those stimulating links you wanted to share, but just didn't…
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In a desperate effort to hang on to a few red-neck votes, National keeps on ramping up rhetoric against solo mums. There was talk of compulsory contraception or sterilisation. National played up those ideas, even though it hasn't followed through. Is it any surprise, then,…
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Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to Policy in the banner). Step right up to the mike...