Open Mike 24/09/2016

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Stand Up for Housing: Protest today in Aotea Square

Young people, union members, and other Aucklanders will meet in Aotea Square today to make some noise about the devastating Auckland housing crisis.  Stand Up Youth Union Movement and Unions Auckland are hosting the Monopoly-themed event, which will highlight the damaging effects of the crisis and call on local and central government to do a lot more to fix the housing market.

Daily Review 23/09/2016

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Open Mike 23/09/2016

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Before you vote

Before you vote make sure you check out the Jobs that Count endorsement list. These are candidates who have signed the pledge to bring democracy back to their communities.

If that’s not worth voting for, we don’t know what is.

Brendon Bonner supports Living Wage

Red/Green/Independent Brendon Bonner is a candidate for the Southern Ward in the Wellington City elections. PSA staffer and declared socialist, he would like Wellingtonians to know that he too supports the Living Wage. His campaign video is here and a list of the policies he supports is here. More information on Facebook.

Daily Review 22/09/2016

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Warren strips cross-selling bank CEO

Watch Elizabeth Warren strip Wells Fargo  CEO John Stumpf alive at a Senate hearing on ‘cross-selling’ of bank products customers didn’t need. Wells Fargo, one of the US’ biggest banks,  was fined $185million, and 5300 employees at branch and teller level were sacked. The senior executive in charge was allowed to retire with nearly $100million in stock benefits. Warren thinks the top management should be held accountable. See what you think.

Is Vic Crone racist?

Vic Crone is trying to make a story out of the fact that Phil Goff is against foreign ownership of our housing stock, but accepted $250,000 from the NZ Chinese community at a fundraiser. Does she not see a difference between NZ Chinese and foreigners?

Open Mike 22/09/2016

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Daily Review 21/09/2016

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National 0, Christchurch 1

Did Lianne Dalziel just prove how economically challenged the National Party are? It appears Christchurch will be able to pay its quake bill without flogging off the family silver. Why are the right so wedded to asset sales when they make no financial sense?

A MPI boondoggle subsidy for Wairarapa land speculators?

You have to wonder about the quality of some of the economic process control that goes on for National’s politically important subsidies to the farming industry. A economic review of a Wairarapa Water application for second stage feasibility funding from the Irrigation Acceleration Fund for the “Black Creek” and “Tividale” irrigation schemes makes it look like government funded boondoggle.

TPP – Let it go John

So Key has been trying to explain the TPP to America. Apart from looking ridiculous, what did he think he was going to accomplish?

Open Mike 21/09/2016

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Daily Review 20/09/2016

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Economics is still lost

Paul Romer is an economist highly respected by his peers, and about to become the Chief Economist at the World Bank. He’s also just published a paper rubbishing the last 3 decades of macroeconomics.

Martin Wolf, chief economics commentator at the Financial Times is challenging fractional reserve banking. It’s certainly time for some new ideas.

Open Mike 20/09/2016

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Daily Review 19/09/2016

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Maui embarrassment

The government didn’t make much of a show of Conservation Week – which was probably for the best the Conservation stories coming out weren’t exactly positive for it.  US wanting us to do more on dolphins, the Kermadec sanctuary, fish dumping…

Open Mike 19/09/2016

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Delivering the Green New Deal

London-based macro-economist Ann Pettifor will speak on this topic at Wesley Church, 75 Taranaki Street, Wellington, on Tuesday 20 September at 5:30pm. Ann is a member of the Green New Deal Group, whose proposition  is designed to power a renewables revolution, create thousands of green-collar jobs and rein in the distorting power of the finance sector while making more low-cost capital available for pressing priorities. All welcome; more info inside.

Open Mike 18/09/2016

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