The China Stockmarket crisis

Overnight there has been further turmoil on the Chinese Stock exchange with stocks plummeting 7% before trading was stopped. And things may only get worse when a 6 month ban on trading by major stock owners is lifted.

CERT: the partial privatisation of the GCSB

A public private organisation with the acronym CERT was announced this week along with the new cyber security strategy. CERT’s role is to provide information to government so it can protect against cyber threats.  Which is one of the roles of the GCSB.

John Key’s hedge fund mate behind Teach First (NZ)

Julian Robertston, a US billionaire who made his money with hedge fund Tiger Management, Merryl Lynch’s largest customer when John Key was working there, is the man behind privatisation trojan horse Teach First (NZ).

Chris Trotter is on fire

“What differentiates the Left from the Right is the former’s fundamental rejection of the strongest human-beings’ proclivity to dominate, coerce and exploit the weakest. Without this proclivity, none of the economic and social systems elaborated by armed minorities throughout history could have endured.”

Indeed.

The third Industrial Revolution

The Paris climate change talks will force leaders to confront climate change and the threat of terrorism at the same time.  Can they show the same determination to deal with the gradual but inevitable threat of climate change as they purport to show to deal with the immediate threat of terrorism.

Minister declined to comment…

Isn’t it amazing how many Ministers can’t wait to front up to the media when they are selling. But when it comes to after sale service they just don’t want to front?

Poverty’s Beneficiaries.

While pondering this post, I was pointed to a post from last year, in which poverty and the cost of breakfast were on the agenda. Stephanie was writing in response to the ignorance of Nikki Kaye who claimed that giving affordable nutritious breakfast to children was easy. While I haven’t taken the time to read all of the comments on the subject, I thought Stephanie proved the point quite aptly that the reality is far different than the hypothetical world of poverty in which Nikki Kaye lives.

Is this our brighter future?

This morning’s media has reports of increased domestic violence being reported by beneficiaries and an increase of the time and resources the police are having to put into helping the mentally unwell.  And record profits earned by the Australian banks.

Sobriety

The video excerpt comes from the Yann Arthus-Bertrand film ‘Human’. It’s available to view on youtube.

Anat Shenker-Osorio on the creation of left metaphors

Communications Anat Shenker-Osorio has some simple messages for Labour in its quest for Government.  The left’s strongest advantage is its care for people rather than the economy and the message that will resonate is a positive one emphasising the care of people and the environment.

Gould on the TPP

Bryan Gould on the TPP: “…it is about managed, not free, trade – and trade that is managed in the interests of large, international, and mainly US corporations.”

TPP roundup

A roundup of the best analysis of and reaction to the TPP. The gains are minor and delayed, the losses are real. In NZ we don’t have any democratic input into ratification, but the US does, and the deal may fall there.

TPPA agreement reached

The TPPA has been agreed to. Dairy access improvement is minimal, there will be a cost hit on Pharmac and every industry but Tobacco will be able to access the investor state dispute resolution procedure.

Diesel Bomb

Last Friday I wrote a post on Volkwagen gaming NOx emissions. This is a follow up.