Posts on the economy, work, business, income, and labour
Written By: - Date published: 11:00 am, October 18th, 2010 - 35 comments
Yesterday, former National media trainer Paul Holmes and former National Party President Michelle Boag attempted an extraordinary hatchet job on Phil Goff on Q+A. No analysis of the real policy divide that Goff and Labour with National carved out at the national conference, just attack – why? The economy, policy, Key’s fading brand, and the polls.
Written By: - Date published: 7:20 am, October 18th, 2010 - 139 comments
It’s great to hear Phil Goff announce that a Labour government won’t let overseas interests to own more than 25% of monopolistic companies, like ports and airports, and farmland. In the new world economy we’re moving into, a global scramble for vital natural resources like farmland, we need to keep the foundations of our economy in Kiwi hands.
Written By: - Date published: 2:12 pm, October 17th, 2010 - 64 comments
In his last column Garth George laments how foods he regularly enjoyed in his childhood (1870s?) are now priced beyond the reach of most New Zealanders. It’s easy to dismiss the complaints of an old man about prices these days but there’s a deeper story: with population growth and resource depletion, there increasingly isn’t enough to go around.
Written By: - Date published: 9:20 am, October 17th, 2010 - 52 comments
Here’s John Cleese, Ronnie Barker and Ronnie Corbett in the classic “An Understanding of Class”, a lovely commentary on one of the pillars of capitalism. Since the abandonment of class rhetoric by Labour a few decades ago, we no longer have a lot of class consciousness in New Zealand. Which is a bit ironic really, considering […]
Written By: - Date published: 4:58 pm, October 16th, 2010 - 12 comments
An article in The Economist looks at the failing basis of polling techniques in the USA. It isn’t that much different to the circumstances here.
“The proportion of those called who end up taking part in a survey has fallen steadily, from 35% or so in the 1990s to 15% or less now, according to Mr Keeter. Reaching young people is especially difficult. Only old ladies answer the phone…”
Written By: - Date published: 1:32 pm, October 16th, 2010 - 11 comments
John Armstrong is at his insightful best today. He’s hit on the emerging change in the political discourse – the economy is going to crap and that’s what really matters, not the meltdowns of minor MPs and racist TV monkeys. And this do nothing government doesn’t care and has no solutions. This is Labour’s chance to offer a real alternative:
Written By: - Date published: 9:26 am, October 16th, 2010 - 45 comments
National is developing an agenda for privatisation. It’s crazy. State owned assets are generating some rare bright spots in an otherwise dismal sea of poor economic news. So why would any rational government sell ACC (or other state owned assets)? Why would any rational government be cutting back on the Cullen Fund? Why are the Nats determined to kill the golden geese?
Written By: - Date published: 9:19 am, October 15th, 2010 - 37 comments
So John Key was unusually forthcoming to a question this morning – he was very keen to give poor Kerry Prendergast a job.
Key knows how hard his government has made it to get a job, so he’s eager to help her out.
Written By: - Date published: 6:14 am, October 15th, 2010 - 20 comments
The government is refusing to step up to save IHC providers that are insolvent due to a recent court case that resulted in IHC carers being awarded hundreds of millions in back wages. The government is washing its hands, even though it is the primary funder of the services. Will the Nats let IHC collapse or will they use this to bring in their corporate mates?
Written By: - Date published: 6:51 pm, October 14th, 2010 - 17 comments
In the US banks that turned mortgages into “complex financial instruments” that were so complex nobody knows who owns what are foreclosing on homeowners.
That’s despite the banks having failed to prove they have a right to. And the justice system is backing the big money. It’s gangster capitalism at its finest.
Congressman Alan Grayson explains…
Written By: - Date published: 11:05 pm, October 13th, 2010 - 73 comments
Parliament has published a research paper called The Next Oil Shock. It’s a pretty sober look at the difficulties the world is facing in producing enough oil to meet demand. The conclusions are inescapable: we can’t produce enough oil and a cycle of oil-driven recessions is coming. Are our leaders finally waking up to the impeding crisis of peak oil?
Written By: - Date published: 1:30 pm, October 13th, 2010 - 61 comments
Treasury have made their submission to the Welfare Working Group. Amongst the usual beneficiary-bashing and demands for privatisation, there are a couple of rare admissions that workers’ rights need strengthening. Which do we think will make it through…
Written By: - Date published: 10:15 am, October 13th, 2010 - 35 comments
If you resign from your job today will your boss give you half a year’s pay as a parting gift? No? Funny because that, apparently, is standard practice for high-paid stars. It is being reported Paul Henry received up to $150,000 from TVNZ when he resigned due to the storm over his racist remarks. And that was regarded as a good deal for TVNZ!
Written By: - Date published: 9:15 am, October 13th, 2010 - 17 comments
It was a year ago that Paula Bennett first declared victory over rising unemployment. Since then, John Key has been working his economic strategy hard: high-fiving every schoolgirl he can find, playing with spiders, announcing and re-annoucing literally tens of kilometres of cycleway, smiling and waving till it hurts. But dole numbers are rising.
Written By: - Date published: 10:00 am, October 12th, 2010 - 17 comments
The CTU has just released its Alternative Economic Strategy. Well, they call it ‘alternative’ but it’s not like the Nats have one beyond Key smiling and waving. Anyway, the CTU’s Economic Strategy is an extremely impressive document. It goes through the current problems and suggests 100 reforms for a more successful, fair economy and country.
Written By: - Date published: 9:45 am, October 11th, 2010 - 50 comments
David Clark is the Labour Party’s new candidate for Dunedin North. He’s been talking to innovative local technology start-ups, and hearing about some of the barriers to success.
Written By: - Date published: 6:06 pm, October 10th, 2010 - 117 comments
TVNZ have announced the resignation of Paul Henry. John Key’s going to have a LOT of angry rednecks on his case over this one. First Andy Haden, now Paul Henry. And then of course there are all the civilized people already on Key’s back about his gutless failure to protest Henry’s racism in the first place.
Written By: - Date published: 10:00 am, October 10th, 2010 - 11 comments
The last in a series of 6 summarising the argument of The Spirit Level. This post looks at how we might achieve a more equitable future.
Written By: - Date published: 11:40 pm, October 8th, 2010 - 21 comments
This government seems to have confused the means and the ends. Growth and money have become the ends, when they only ever should have been the means. Surely what should matter now is that we have a happy, fulfilled society, where people have the opportunity to do what they want.
Written By: - Date published: 8:05 pm, October 7th, 2010 - 41 comments
India’s External Affairs Minister SM Krishna has summoned the New Zealand High Commissioner in New Delhi to please explain Paul Henry’s ultra-racist outburt against Minister Sheila Dikshit, on New Zealand’s state broadcaster TVNZ. The Minister may also like to ask why Prime Minister John Key giggled in response Henry’s racist attack against our Governor General […]
Written By: - Date published: 1:01 pm, October 7th, 2010 - 36 comments
The just released Income Survey is more evidence of the Key Government’s failure to deliver for working Kiwis. After inflation, this is the third successive year in which the median income of New Zealanders has fallen. It’s now nearly 5% lower than when National came to power. This year alone, the median income fell 3.5%.
Written By: - Date published: 10:30 am, October 7th, 2010 - 18 comments
Bernard Hickey continues his politico-economic rebirth. Yesterday, he wrote on how New Zealand can protect itself from dangerous international capital flows that undermine our economy and our ability to choose our own path. We shouldn’t leave the guidance of our economy to the invisible hand of blind, fallible, and valueless markets.
Written By: - Date published: 11:30 pm, October 6th, 2010 - 31 comments
Seems these days that when people get in to financial strife, the Government is all too happy to offer a helping hand loaded down with wadges of cash. Sometimes…
And then sometimes something altogether more short and sharp is offered. Depending…
Written By: - Date published: 7:15 am, October 6th, 2010 - 78 comments
The NZIER survey of business opinion shows that the economy shrank in the September Quarter. The December Quarter was already forecast to be negative and the Christchurch quake will make it worse. So, we’re almost certainly back into recession. That’s going to blow out the government’s debt. The underlying cause is peak oil.
Written By: - Date published: 7:50 am, October 5th, 2010 - 82 comments
Here’s some of the international coverage of New Zealand that Paul Henry’s racist outburst against our Governor General Anand Satyanand has sparked. In India and here. Cool, after the recent effigy burnings of a certain Kiwi in New Delhi on the grounds that he was racist, that should really help things heaps. Australia, UK, USA, […]
Written By: - Date published: 6:01 am, October 5th, 2010 - 81 comments
Join the protests this evening outside TVNZ in both Auckland and Wellington calling for Paul Henry to be sacked.
AUCKLAND: 5pm, TVNZ HQ, 100 Victoria Street West
WELLINGTON: 5pm, TVNZ, 86 Lambton Quay
Written By: - Date published: 9:26 pm, October 4th, 2010 - 62 comments
Actors Equity have the Aussie actors’ minimum standards up on their site and they look pretty minimal.
So what’s all the fuss about and why is John Key suddenly interested in getting involved in an industrial dispute?
After all he’s previously claimed it’s “not appropriate” for the government to intervene in other disputes.
Written By: - Date published: 11:40 am, October 4th, 2010 - 195 comments
New Zealand’s most infamous anti-Ambassador Paul Henry has shamed us all once again. On TVNZ’s Breakfast this morning, Henry asked John Key (at 6’30” into the interview) of our Governor General “Is he even a New Zealander” (Satyanand was born in NZ) and could the next GG be someone who “looks and sounds a bit […]
Written By: - Date published: 12:17 pm, October 3rd, 2010 - 15 comments
Helen Kelly has brought the two parties in the hobbit dispute together.
That’s a job well done and a big step in settling this dispute.
But there is still the broader issue of independent contracting being used to circumvent employment law and whether it could be fixed by legislation.
Written By: - Date published: 8:24 am, October 3rd, 2010 - 17 comments
Wondering who Actors’ Equity are and what they do? Well here’s a video from AE explaining just that. Actors’ Equity also have a good website that lays out their position in Peter Jackson’s Das Hobbitski fiasco. It’s been funny watching the msm contort itself while struggling with its rarely conflicting predilections for both celebrities and […]
Written By: - Date published: 7:10 am, October 3rd, 2010 - 28 comments
One of these things is not like the other, One of these things is not quite the same. Can you guess which one is not like the other, Can you tell me before I finish the game?
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