Category Uncategorized

Greed is not good – now what are we going to do about it?

If Reserve Bank of New Zealand governor Graeme Wheeler¬†believes what he said to Brian Fallow at the Herald, that in the financial sector; “The compensation levels are outrageous in many cases for the added value truly generated.” The Occupy Wall St movement had a lot of powerful points to make. “But they didn’t have a […]

why the New Zealand banks hate the LVR restrictions

The latest data that the restrictions the Reserve Bank put on high Loan to Value loans is having the desired effect will be making both banks and property speculators rather nervous. In a single month high LVR loans have gone from 25% of bank lending to 11% and although other loans have partially offset this […]

Police – Protecting you or the status quo?

Britain has a long and disgraceful history of not only the intelligence services but also the police trying to both infiltrate and act as agent provocateurs inside peaceful protest groups. A recent Guardian newspaper article on how the police tried to recruit (not realising he was being filmed) a Cambridge student into spying on different […]

Have the New Zealand Green Party become banal?

Realpolitik, the belief that politics should be pragmatic and based on “reality” rather than any form of utopian or moral ideology. By moving to the banal center of New Zealand politics, that empty wasteland where policies and ideas are reduced to a single sentence or 30 second sound bite, where the debate is framed by […]

Glenn Greenwald – One Journalist holding those in power to account

I have highlighted the work of Glenn Greenwald before. A former New York attorney he now writes for a number of online and traditional news organisations, most prominently The Guardian newspaper in Britain. He has been at the forefront of the Edward Snowden/NSA revelations, one of the few to interview Snowden in person and responsible […]

Obama dishonours Martin Luther King

Barack Obama is a fine orator. Remember his speeches on “change” before the 2008 election, the ones that gave not only Americans but people worldwide the hope¬†that there would be change to the status quo that bought us the GFC and the Iraq war? Turns out his promises are as empty and cynical as those […]