Chinese manufacturing and state support is transforming the cost structure of solar technology. This in turn is helping to put in power support for the emerging use of wireless technologies in the developing world. This helps to ensure that less dirty carbon emitting technologies are not used in the developing world.It is hard to see a downside to this state initiative because it makes solar tech cheaper and more available earlier rather than later.
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So, it’s Christmas; the season of good will and all. But for some of our institutions, juggernauts of bad will that they are, they just roll on regardless . For what it’s worth there is an on line letter you can sign calling on the US to end it’s inhumane treatment of Bradley Manning. Maybe signing it constitutes a Christmas message of sorts.
Kiwis frequently like leading the world in the many ways that outmatch our ‘weight’. I wish we weren’t leading the world in this one.
We have one of the worst youth unemployment rates in the world as The Economist shows.
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The day before Christmas, in what will surely be a forlorn attempt to bury the story, Bill English’s office has finally relented after months of resistance and released under the OIA papers on how the unknown Pacific Economic Development Agency was awarded a $4.8 million blank cheque in the Budget. This looks serious.
Say you run a large company. Say the manager of a division in your company chose do a deal that improves the division’s own profitability instead of one that would have made the division less profitable but the company as a whole more profitable. You would be angry. So why are the people who run our SOEs required to act like that?
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The government’s hoping-to-be-ignored Christmas announcements continue. They’re shockingly cancelling payouts to care-giving relatives of disabled adults, diverting the dodgy PEDA funding and investigating the Auckland central rail tunnel. Look over there – there’s Santa!
The economy shrank by 0.2% in the September Quarter. None of the forecasters had dared to predict it would be this bad, except yours truly : ) because I looked at the facts, rather than being taken in by Key’s rosy spin. The money trader’s economic record is looking pretty disgraceful now, isn’t it? Hope smile and wave is enjoying the Hawaii sun.
Couldn’t resist this excellent BODY cartoon…
Do the wikileak cables illustrate just how stupid the diplomatic community is? What’s it all about? And why is our media not focussing any attention on this strange state of affairs where governments are seemingly informed by deaf and blind diplomats mouthing off?
TV6 is lost, child-friendly TV is gone, to be replaced by a service for marketers to reach our youth.
Long live a slightly adulterated TV7, hopefully? Please?
All those who think Keynes is dead (and those who merely wondered what happened to him) should check out the website of George Soros’s Institute for New Economic Thinking (INET). A remarkable range of economic luminaries are presented on video and powerpoint, most or all of them arguing for a radical Keynesian solution to the financial crisis.
Peter Jackson yesterday did what the government has refused to do and commented on the revelation that he told Gerry Brownlee the Actors’ Equity blacklist was no threat to the Hobbit movies being filmed here. Unfortunately, Jackson has just further sullied his reputation by revealing the true motives for the Hobbit Enabling Act.
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Yesterday, we hit 3 million pageviews for 2010. Today, we’ll have our millionth visit. 45% growth on 2009 even with the few days we were offline and a couple when stats data wasn’t captured. It’s not just a small cadre of hardcore fans (although, do we love you guys and girls) – over 212,000 unique visitors have visited The Standard this year.
It’s First Past the Post thinking to look at the polling gap between National and Labour and conclude National will romp home. MMP is here and set to stay – it means the coalition with the support of a majority of MPs governs, not necessarily the largest party. The final Roy Morgan of the year lets us look at the trends in support for Left and Right.
On ACC, National are running out their favourite tactic again – the Straw Man.
We see it regularly with every highly-paid “Working Group” they establish. They choose the participants to make sure they get the ideas they want to implement, plus a bit more. Then they cleave off the extra bits to look “moderate”.
It seems we don’t have a government at the moment. John Key is incommunicado in Hawaii. The Acting PM, Bill English, and Key’s press people refuse to speak for him. Someone needs to front up because serious questions are emerging about the honesty of statements Gerry Brownlee and Murray McCully made in Parliament and to the New Zealand people.
National and Act are attacking student unions. The cover story is freedom of association, but it’s bollocks, freedom of association is already protected. Without the unions students will still have to pay. But they will lose the rich social and cultural heritage of the unions, lose the learning experiences that the unions provide, and lose their independence. Hey students – does that sound like a good deal to you?
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‘Twas the week before Christmas, and all through the House,
Nats announced policies, they’re usually scared to espouse.
Journos on holiday, Key out of reach on his Hawaiian vacation,
It was the time to let slip, their plan for ACC privatisation.
The disastrous experiment of competition for ACC from the 1990s is to be repeated. Businesses will be allowed to chose a private firm to cover their workplace injuries. Workers won’t get to choose their level of cover of course, they’re just the ones who get injured or killed – why should they have a say.
National still seem to be getting a lot of cover for their economic mismanagement from the Global Financial Crisis way back in 2007-2008. But New Zealand’s failure to be “roaring out of recession”, as John Key promised, is no longer tied to the GFC. It’s Bill English and National’s economic policies that mean that the government deficit is pushing the limits with no reward for average kiwis.
Mark Hotchin is expected to become a campaigner for beneficiaries if cleared of serious fraud allegations. His assets frozen, the SFO has given him a 1K a week allowance. Not enough for the basics: private school, hire car, mortgage on mansion. A family of 7 needs 360K a year, he says. Not being a hypocrite, he’ll be wanting more for beneficiary families too – eh?
I couldn’t let the last of the year slip away without a fond farewell to the good old Electoral Finance Act. Last week the government passed its replacement legislation. It tweaks some thresholds, but retains the principles and much of the substance of Labour’s EFA. But this time there is no “Democracy Under Attack” campaign. I wonder why…
Energy Minister Gerry Brownlee has waited, until after the year-end press gallery drinks, to announce that the state owned Whirinaki power plant will be sold by tender process. The Government talks about having our interests at heart, but the truth is that it is selling off the family silver again. And slippery John Key is doing it while we’re focussed on Christmas.
The Herald has used the OIA to get hold of emails Peter Jackson sent Gerry Brownlee during the Hobbit shakedown. They show that the Actors’ Equity blacklisting was not a threat to the film staying here – yet Jackson and Brownlee told us it was to justify handing Warners $34 million and rushing through an anti-worker law.
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It’s surreal to see people who cried that not going into Iraq has cost us a trade deal with the US, now saying that the Reconstruction Team Labour sent was to get access for our milk exports. The claim’s based on a US Embassy cable but that doesn’t make it gospel. In reality, the Right wanted us to fight in Iraq to get an FTA with the US.
There’s an ad campaign at the moment about how DB Export was supposedly created in reaction to the Black Budget. It’s full of lies and a lot of people see it as a slur on Arnold Nordmeyer and Labour in general. In fact, this odd campaign under the slogan ‘how to lose an election’ isn’t about Labour. It’s a warning to National.
Liam Dann had a very good piece in the Herald the other day about rising commodity prices. Despite insipid growth, prices of food and oil, the fuels of our civilisation are through the roof. The underlying meaning of those high prices is we’re having to devote more of our resources to feeding and fueling ourselves, leaving less for anything else.
“PM plays power games with President Obama” reads the headline! Sounds exciting doesn’t it? Alas. The actual events described are somewhat pathetic. Key went personally begging for a photo op but the President of the US was too busy doing stuff that mattered. I think I could have written a much more accurate headline. I’m sure you can too…
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What to do if you’re a government with an ideological fixation on selling assets, which is hugely unpopular? The public will catch on if you put SOEs as full entities up for auction. So, you don’t sell off the companies. Instead, you sell off the things they own or, through bond issues, their profit streams. We’ve been warning this would happen. Now, it is.
