Didn’t take much clairvoyance to see that National would fail to meet its promise of a Budget surplus by 2014/15. You’ve never seen a Finance Minister have his forecasts cut so often and look so happy about it. His failure against his own artificial target gives him an excuse to cut. His party’s ineptness to blame but we pay. Students look to be his target this round.
Remember when we elected that guy with all the financial experience because he would be able to guide us through the tough time better and close the gap with Australia? Oops.
Remember way back when the government were changing the law to take rights off film workers and increase tax breaks for Warners? It was all about keeping Kiwi jobs they said.
Well it turns out that at the same time they were doing this they were also making promises to Peter Jackson that those Kiwi jobs would be given to imported workers.
John Banks has had a miraculous change of heart on pokies. He used to say gambling bosses were “wide boys” who “sucked” the people of this country dry. Now, he’s rubbed up against John Key and become ‘relaxed’ about more pokies. Maybe the $15,000 undeclared donation from SkyCity helped. A donor Banks was legally required to disclose but didn’t. Labour’s laid a complaint. Update: donation has been referred to police.
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
John Key and Bill English couldn’t find $150million over four years for increased parental leave that would hugely benefit future children. Horrors – we would have to borrow! But they could find $100million straight away to pay international investment banks including Australian company Lazard’s to advise on asset sales that robs our children’s future and that nobody else wants. It’s a matter of priorities – money gets money, kids get nothing.
I have and still do deal with quite a lot with systems in my day-job. But this…. I’m aghast at the self-evident stupidity. […]
Ignoring public opposition, attacking the media, “advising himself” to do whatever he wants, it doesn’t add up tp a very pretty picture.
Gareth Morgan and Peter Harris will speak at a Community Forum on the sale of State-owned assets on Sunday 29th at 3:30pm at the Island Bay Bowling Club, 260 The Parade, Island Bay, Wellington. The forum is being organised by the Wellington South Branch of the Labour Party. All welcome.
You’d think we’d draw some obvious conclusions from the Arctic melt. Apparently not though. We’re in a hole, but we’re going to keep digging…
The Herald’s revealed that, in 2001, Judith Collins, as chair of the Casino Control Authority, rubber-stamped a ‘pokies for convention centre’ deal with SkyCity. This triggered the then Labour Government limit the number of pokies by statute. Now, the Nats are doing another dirty deal with the cancer in Auckland’s heart but, thanks to Labour, they can’t do it on the quiet.
Tax increases on working people: GST hike, replaced Labour’s cuts with cuts for the rich, put tax on your employer Kiwisaver contributions, cut WfF tax credits. Record emigration to Australia: 53,237 last year, 1000+ per week.
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
James Murdoch has confirmed to the Leveson enquiry that he did discuss News International’s bid to take over BSkyB with Cameron at a dinner at the home of Rebekah Brooks. Cameron had previously denied this. Also Culture Secretary Jeremy Hunt, charged with ensuring that the takeover was according to law, was briefing Murdoch on the back channel via his staff. His tenure looks very shaky. Cameron will also be under severe pressure. There are lessons for us as well.
Steven Joyce’s personal fiefdom of Economic Development, Science and Innovation, Building and Housing, and Labour is confirmed. Now for the redundancies…
Zetetic’s recent post on the Gisborne rail line generated a lot of comment. A week later a final comment was added – it deserves a wider audience…
Molly Melhuish was one of dozens of oral submitters on the Privatising Your Assets Mixed Ownership Model Bill yesterday – all opposed. Her research shows the average price of power from a private provider is 3.31 c/kWh higher than from an SOE. Contact Energy’s boss says private investors need prices to rise even more. The implication is privatisation will remove the shackles.
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
Today marks the lives and loss of lives of many New Zealanders in battle fields around the world.
One can only wonder of what they would make of the world they have fought for.
Alastair Cameron has been appointed Chief of Staff in David Shearer’s Parliamentary office. I’m delighted to hear it; we were on the New Zealand Council together when Alastair was a law student. Since then he’s started Labour’s successful Summer School, been a Fulbright scholar, practised law, and worked in Marian Hobbs’ office. He’s a very good choice.
At the Finance Select Committee today, Maggie Barry told a submitter “You are not here to ask us questions, you are here to answer our questions.” The submitter’s question was reasonable; but it was addressed to closed minds. Todd McLay who chairs the committee on state asset sales referred to a number of the submissions as “emotional”. He was right. It was anger, and it won’t go away.
The Finance and Expenditure Select Committee hearings into National’s “Mixed-Ownership Model” Bill (aka Asset Sales) have begun in Wellington, with the vast majority of the more than 600 submitters to the select committee process opposed.
By popular acclaim we’re putting this comment by rosy up as a Guest Post. Rosy describes success in life by analogy to winning various divisions of lotto…
Do we really want search results tailored to our mood and intelligence? Are we going to take the most powerful aggregate of information ever assembled by humanity and bend it to our cognitive biases?
Since 2004, the government has collected a problem gambling levy from all types of licenced gambling. The levy on SkyCity’s casinos is half what it is on pokies in pubs. In 2010, officials recommended a rebalancing – more on TAB, Lotto, and casinos, less on pub pokies. The Nats picked up the recommendations with one exception – SkyCity’s levy didn’t increase.
The FYI project and I/S at No Right Turn have uncovered what appears to be massive abuse of expenses by Genesis CEO Albert Brantley, whom we pay $1.2m a year. It puts me in mind of Marie Antoinette. And we know what happened to her. Almost as shocking is the small stuff. Lucky Genesis is subject to the OIA, for now, so this guy could be found out.
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
KJT offers a welcome refresher on the dominant economic/political ideology of our time. The one that has lead us to where we are today: Neo-Liberalism is a moral and intellectual justification for greed. A way for those few who accumulate wealth, by impoverishing many, to justify themselves, and keep those they are stealing from docile and compliant.
This country produces $200 billion of wealth a year. Yet half of adults have incomes less than $29,000 a year. 200,000 kids live in poverty, may in working families. A tiny few – the 1% – pocket the lion’s share. There is no justification. It is bad for society and the economy. Helen Kelly confronts the greed irrational of one rich family, the Talley’s, and how it’s hurting 1,300 poor working families.
Very interesting article on Stuff yesterday, about ex cop Martin Legge and the information that he has on the practices of the gaming industry in NZ. Someone is trying to sweep this case under the carpet. They shouldn’t get away with it.
John Key likes to trade on his experience as a, well, trader. You know, he’s the deal maker. The one to steer us through tough economic times, to get our exports growing. He understands the markets and that knowledge will benefit New Zealand. But, how well has he really done? Let’s start this series close to home for Key: the exchange rate.
Fran ‘sell it all’ O’Sullivan says the government’s case for selling Crafar farms “appears robust”. Well, she would say that. But, if you read it, you’ll see they’ve just done a half-arsed, perfunctory attempt to appear to abide by the law as defined by the Court while coming to the same decision on the same offer. It’ll be shot to pieces in Court.
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
Behold the economic genius of John Key.
