News media: shifting ground

The withdrawal of News Corp from SkyNZ, & the new deal on press regulation in the UK are part of various shifts: from media moguls to financial investors, rise of the internet, & the balance between corporate media and politicians – not a fourth estate revival. [Update: tweeters/bloggers excluded]

You pays your money & you takes your chances

Analysts are talking about risks of investing in Mighty River Power in the media today. Weather, electricity demand, overseas expansion. I’ll tell you what would make me think twice: everyone acknowledges the power companies over charge. Right now, the government has 400m reasons a year not to do anything about it. But that’s about to change.

Recommended viewing

In 2002 a television crew from Ireland’s national broadcaster, RTÉ happened to be recording a documentary about Chávez when a coup was staged against him.

Highly recommended.

Fair trade

Farrar and Mallard want us to give the NZRU a statue to trade back one of Holyoake that the government accidentally sold them along with the old State Services building. How about saying to the NZRU, ‘We accidentally sold you a statue but, hey, you remember all that money we gave you to under-write your loss-making tournament? Maybe you could give us our fucken statue back without being dicks about it?

Auckland housing: Brown vs Smith

Nick Smith, of the forked tongue, is challenging Auckland council’s plan for affordable compact housing. It will do nothing for housing affordability, transport, the environment. It is undemocratic, over-rides the council, and will enrich developers.

What now for Sky TV?

News Corp is selling shares in NZ Sky TV.  What does these mean for the on-going decline of public broadcasting?  It is possibly part of the shift away from media moguls, and towards control of news media by bankers.

Nats’ fossil fuel bet & culture of excess bankrupted Solid Energy

A look at Solid Energy’s books highlights the diseased culture of the corporate elite in this country and National’s failed bet on fossil fuels. The blistering pace that executives’ ridiculous paypackets rose at shows a culture of pocket-lining in the company. The massive expansion of liabilities in the lignite bet, which has crippled the company, was part of National’s fossil fuels strategy.

Re-run: SkyCity’s convention centre would need $10m+ subsidies – MED

A year ago, I wrote that SkyCity was pursuing the dirty practice of ‘subvention’ – where owners of white elephant infrastructure extort governments for subsidies – for the convention centre. The msm has caught up and is reporting on it now. MED denies there will be any subvention; but Joyce says it’s all on the table. And what about the $10m+ in operating subsidies the centre would need?

The failure of economic austerity

As one writer sums it up – “no austerity has helped any economy”. So why do we carry on with this failed ideology? Perhaps because, while it does nothing for the vast majority of people, it helps make the super-rich even richer…

Community Service

Greenpeace activists were fined and ordered to do Community Service – for serving the global community by protesting about Climate Change & the oil industry.  Others get honours like knighthoods for services that are damaging for the majority in the community.  Misplaced values? [update] RNZ interview with Lucy Lawless.

The heart of darkness

I wondered why the Herald had given a column to a barely literate liquidator, until now. They say sunlight is the best disinfectant, and running Damien Grant’s hateful, self-centred pieces exposes the ugliness at the heart of the neoliberal capitalist class. The titles alone are enough: ‘I’d rather a better phone than feed a hungry child’, ‘Life as the top capitalist in capitalism the only life worth having’.

Market madness

Cat beats stockbrokers at playing the market. Bottom line, we are all at the mercy of a financial system that we don’t and probably can’t understand.

Upcoming talk on Canadian student uprising

This Sunday hip hop artist and political activist Darius Mirshahi will be speaking in Auckland about the political situation in Canada and how the left are organising to resist Neo-Liberalism. Later he will be performing material which has lead to attention from Glen Beck and the Canadian police.

Climate Change & Poverty

The wildfires in Australia are an immediate cause for concern.  Such events will be more common as average temperatures rise.  Joseph Stigliz warns of an urgent need for structural change to respond to economic decline, climate change, poverty and inequality.

Halting Dynamics and Shifting Inertias

Like many, I’ve been somewhat bemused and not a little angered that austerity is touted as a pathway to economic recovery. Like many, I’ve come to view both austerity and bail outs simply as means to put public monies and the control of public institutions into private hands – all the while diminishing the power of citizens on both an individual and collective basis.

But why consciously destroy or abandon real economic activity in a quest for power? Why not continue to build on whatever ‘real economy’ bases of power you posses? Idle speculation might suggest a lust for power, y’know… power for power’s sake. Or a reaction to, or recognition of impending peak resources in a world of growing population.

The unreported & off the cliff

Over the last year some issues have been under-reported, some ignored: the climate/environment, subversive FBI activities, bankster rorts, decline of democracy, the need for new left & green politics. Some news has been overdramatised, some masks the real needs.  And the “fiscal cliff”?

Politics & Pleasure: TV 2012

We tend to rework reality, included political knowledge and understanding, into a basic (fictionalised) story structure, with villains, heroes, and values absorbed from pleasurable forms of fiction, including TV.  This is a look at the political values embedded in some popular TV dramas.

New Year: Doing the honours

The New Year Honours have been announced.  Some did service to the 1%, others to the 99%.  People, unnamed and unnoticed in public who provided valuable services to their communities should also be honoured.  Happy New Year!

Apocalypse Now

Humans have a paranoid fascination with our own demise, as seen in doomsday movies.  They portray our fears, hopes, politics and delusions.  Children of Men: the demise of capitalism; Day after Tomorrow: climate collapse.  Is today a Mayan prediction of the end or a new beginning?

The spinmeister of Planet Key: Retrospective

On TV3 this morning, John Key was soothing and slick.  All is well on Planet Key, and critics are delusional.  He reeled of numbers and facts, but material realities of daily lives, and the suffering of people on low incomes aren’t mentioned. And asset sales?

A-G’s SkyCity report looming over Key

A typical Auditor-General report takes 3 months. “Larger and more complex” ones take 6. Metiria Turei’s complaint about the way SkyCity was chosen for an international convention centre in a ‘pokies-for-convention-centre’ deal has been going 8 months. Clearly, what they’ve found has non-trivial implications for the government and they’re making sure all their ‘t’s are crossed and ‘i’s dotted.

Merry Christmas Hillside

Another sad chapter in the ongoing collapse of manufacturing in NZ. A particularly bitter chapter, because it didn’t have to be this way.

Opposing TPP

Away from the front pages of the MSM, there is information about opposition to the TPP. Aside from the secrecy, the TPP is looking far too complex and all-encompassing. There are some protest events coming up in the next few days.

Wheeler lies on bank profits

Last month, new Reserve Bank Governor Graeme Wheeler told Parliament that our banks aren’t excessively profitable – middle of the pack internationally. He was lying.

$50,000 per Hobbit job

Government has a central role in job creation. Just ask National. They’ll tell you it’s not true, and then proudly proclaim that they got The Hobbit made here, creating 3,000 temporary jobs. According to the New York Times, the total cost of our government’s subsidies for The Hobbit is NZD$150m – $50,000 per short-term job.

In other news, selling NZ: TPP, Hobbit rulz …

John Key is steaming ahead in selling NZ.  He is Obama’s wing-man to extend the TPP into the Asia-Pacific region.  Meanwhile, the “Hobbit Law” is taking a heavy toll on many NZ actors.  And there are claims that the Hobbit production has been harming animals.