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I'm no big city banker. But I was under the impression that profit is the income that is left over once you've paid your costs. Once you pay your tax on that, your net profit is what is left to pay to the owners as dividends…
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Gareth over at Hot-Topic has written a delightful post "Popgun for hire: A$20,000 detailing one person who is making money off climate change. No it isn't the scientists. It is our favorite Potty Peer - Christopher, Viscount Monckton of Brenchley. Some of the CCDs have…
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Topics of interest, announcements, general discussion. The usual rules apply (see the link to Policy in the banner). Step right up to the mike...
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As lprent has already posted: I was arrested today for chanting on a megaphone. This is the third time I have been arrested for the same thing. As I mentioned yesterday, there was the broiler conference protests in 2005 which led to a precedent being…
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Granny reports that there have been more arrests. Damn, we're due to head off to Young Labours summer school in Otaki shortly. Be interesting to see if she will accept the restricted bail conditions preventing her from going within 500 metres of the tennis court.…
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Marty wrote on taxation expert Craig Elliffes opinion series in the Herald a few days ago. The third in the series wound up with statement at the end that exemplifies the major issue with the Tax Working Group and its process. At the tax conference…
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On Wednesday, Japanese whalers tried to murder five New Zealanders. There is no other way to put it. They ran down a ship many times smaller than theirs in the high seas. It is only luck that the ramming did not sink the Ady Gil.…
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John Darroch called today to inform me that the police were starting to round up and arrest protesters, and that they had three paddywagons ready. I turned up at the protest 10 minutes later and it was pretty much all over. John D, John Minto,…
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Steven Joyce has finally revealed the benefit/cost ratio for the billion dollar Transmission Gully project. A few weeks ago he was mocking Sue Kedgley for saying that the costs would outweigh the benefits and claiming that the BCR would be about 1.5 ($1.50 benefit for each…
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Spotted on Facebook:
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Idiot Savant at No Right Turn points out that the police (once again1) are violating the law surrounding protest and dissent. The post is reproduced with permission. Two years ago, we saw a significant victory for the right to protest in New Zealand, with the…
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There's no denying that the Burj Khalifa is impressive. Not all that much short of a kilometre high, it's easily the highest building on Earth. It loses some of the lustre, though, when you think about what it actually is. This building makes no economic…
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The Kepler Telescope was launched into space and began transmitting data last year. It's job is to find evidence of planets outside our solar system, especially Earth-like ones. It is the first telescope that will be able to detect such small planets on orbits in…
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Topics of interest, announcements, general discussion. The usual rules apply (see the link to Policy in the banner). Step right up to the mike...
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The Right is trying to build momentum for more tax cuts for the rich. The argument comes on three fronts: 'if we don't lower company tax rates even further businesses will run away', 'if we don't lower income tax on the rich even more, they'll…
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Bill English has usurped his do-nothing leader with an op-ed in the Herald framing National's agenda for the year to come. This piece was English's chance to convince New Zealanders to accept his agenda. He gets off to a bad start: As New Zealand emerges from recession,…