NZ mainstream media surprised corporations have enormous power

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I like Matt Nippert, he is one of the best journalists we have, but the surprise so many of his peers seem to have had at his piece on how multi-nationals avoid paying tax says more about them than the corporations.

It’s like some have just discovered Santa Claus isn’t real.

Yes – corporations have so much power they avoid $500million in tax while small time businesses get crucified by the IRD.

Corporations are out of control in terms of power and influence, this is the reason why so many of us are against the TPPA. These psychopathic monsters already have too much power, giving them even more under the TPPA is like  releasing Charles Manson with a machine gun into a kindergarten.

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This matters because we face unique challenges as a democracy in an age of multi-national corporations and the 1%. Once upon a time one person one vote would generate a representative Parliament who decided the laws of the land. Now those Parliaments make law for the multi-national corporations who rule them. With climate change making free market capitalism impossible for the future, the sooner we start pushing out multi-national corporations the sooner we regain our economic and political sovereignty.

As Nippert’s article highlights – these monsters don’t add to our economy, they simple pillage it. The total lack of understanding from the masses at their own servitude towards these influences is aided by a media more focused on the fucking Batchelor than explaining how our corporate overlords control us.

 

19 COMMENTS

  1. “Corporations are out of control in terms of power and influence, this is the reason why so many of us are against the TPPA.” “These psychopathic monsters already have too much power, giving them even more under the TPPA is like releasing Charles Manson with a machine gun into a kindergarten.”

    Every word a gem.

    These Corporations are now seeking to control our whole world and even Governments are scarred of their power.

    Jonkey is at home with these villains, as he works for them not us.

    Corporations don’t handle criticism well, and their Achilles heel is bad press and growing negative public attitude to them.

  2. Fucking banking tax havens. The bastards basically profit from real countries not invading their arses and in return they deprive those real countries of their rightful tax revenue.

    Fuck ’em, and those who use them.

  3. Just goes to show how out of touch MSM and the Government are when it comes to reality and the real world.

  4. The total lack of understanding from the masses at their own servitude towards these influences is aided by a media more focused on the fucking Batchelor than explaining how our corporate overlords control us.’

    Yes, corporations own the all the commercial media.

    Corporations also own the government, and the government owns Radio NZ etc. ; therefore corporations own ‘public broadcasting’.

    Therefore the masses get only one narrative, the idiotic ‘Shop until you drop’ narrative (whether it be houses, cars, shoes, clothing, food or holidays), which is complemented by the ‘Don’t worry everything is under control’ narrative; those together ensure both national and global catastrophe.

    Prior to the late 1800s money-lenders and the aristocracy controlled governments. With the rise of steel, railroad, armaments, petroleum and chemical empires (Rockefeller, Harriman, Krupps etc.) corporations increased their power to the point that now it is the money-lenders, landowners and corporations that decide what is going to happen and what phony pretext will be promulgated as a pretext for looting-and-polluting, for the dumbed-down public to believe.

    Sadly, the corporations are unassailable because the vast majority of ‘slaves’ cannot be bothered (don’t have the intelligence) to become informed, and therefore will never question their state of slavery.

    Huxley and Orwell predicted most of what we are witnessing (dumbed-down hierarchical society dependent on ‘soma’ + mass surveillance, ignorance is strength etc.) decades ago.

    We used to be swimming in a sea of lies: now we are drowning in an ocean of lies.

    The only consolation is that this corporate-controlled, phony-narrative money-lender system is a short-term aberration, and will collapse soon. Whether the global environment that makes life possible will collapse first is the real concern.

    Since the economic–financial-political system has been set up to vigorously resist change and those who attempt to change the system ‘get annihilated, the most likely outcome is a ‘dead’ planet a few decades hence.

  5. The radical origins of the American Economics Association[How things change!]from 1885https://t.co/bTimlfOc23 pic.twitter.com/LgFlVEoFIq— IDEAeconomics (@IDEAeconomics) March 18, 2016

    We regard the state as an educational and ethical agency whose positive aid is an indispensable condition of human progress. While we recognize the necessity of individual initiative in industrial life, we hold that the doctrine of laissez-faire is unsafe in politics and unsound in morals; and that it suggests an inadequate explanation of the relations between the state and the citizens.

    We do not accept the final statements which characterized the political economy of a past generation. . . . We hold that the conflict of labor and capital has brought to the front a vast number of social problems whose solution is impossible without the united efforts of Church, state, and science.

  6. I see many in the mainstream media being persons who get up in the morning, then get washed, dressed and ready for work, and first spend half an hour standing in front of the large mirror in their hallway, rehearsing themselves.

    Oh, look at me, how wonderful I look, and I have the face and charm and dress needed, for another day of success and ability to prove myself. I have recharged my mobile phone, my smart phone and have sent my first tweet, to start the day, of importance of myself, little narcissus the beautiful flower.

    The day will come that many working in the MSM will suddenly discover New Zealand is surrounded by shark filled waters. They will suddenly see that the sun can burn the skin, they will realise there are dangers that are real, there are human sharks also, and nasty ones with power, who will suddenly kick them out of their daydream, where they will have NO more jobs, nothing to go on about, and their names may vanish into the Nevernever, as their Twitter profile was only known to the like minded fantasists that were frolicking around and wasting their lives.

    Oh, real journalism, what is that?

    I thought I was good and dandy enough, to be counted, I was tweeting you all 24/7, have you not forgotten?

    Oh despair, oh despair, there were some that were connected to reality, on gosh, they seem to know what is real, and what is fake. I wish I had known this earlier, some of the mob will say, the media pack mob, following Key and his likes like court jesters and silly fools.

    Yes, there are few are and between, who know what really goes on and what really matters.

  7. I just watched an excellent talk on this topic from SXSW, titled ‘Distributed: a New OS for the Digital Economy’ ( http://qttr.at/182x), on the “vacuum cleaner” effect corporations have on industries, communities, countries, and ultimately themselves, and what we might be able to do about it. Given by Doug Rushkoff, the talk riffed off themes from his new book ‘Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity’ (I love that he advises his audience to steal a copy if that’s the only way we can read it), and his older book ‘Life Inc. How Corporations Conquered the World and How We Can Take it Back’. I listened to an audio book of Life Inc. and highly recommend it, as well as the SXSW talk.

  8. This ongoing rort of off shore ” tax heists ” by global conglomerates is not illegal. Perhaps ” the new coalition ” might curtail it with simplicity by legislating against it. Wouldn’t this be commonsense?

    • Oh no, no, no. Tax dodges are a fraud, which is very much illegal. It combines enormous flexibility to set up tax reduction schemes, along with binding tax rulings that are unique (ie fraudulent) it’s a magical place in fairyland.

      The deals are so complex accountants frequently include before and after diagrams to illustrate how money flows from subsidiary to subsidiary and across different countries and tax havens. leaked records show that Luxembourg’s 2009 tax deal for Illinois-based Abbott Laboratories – which makes arthritis drugs and Ensure meal replacement shakes –features 79 steps including companies in Cyprus and Gibraltar. Abbott projected it would invest as much as $50 billion via Luxembourg.

      Link to leaked 2009 ICIJ report: http://www.icij.org/project/luxembourg-leaks/leaked-documents-expose-global-companies-secret-tax-deals-luxembourg

      The International Consortium of Investigative Journalists (ICIJ) exposed one of the world’s largest accounting firms, and a retired tax official named Marius Kohl, nicknamed “Monsieur Ruling.” Now deceased I believe.

      The records show, for example, that Memphis-based FedEx Corp. set up two Luxembourg affiliates to shuffle earnings from its Mexican, French and Brazilian operations to FedEx affiliates in Hong Kong. Profits moved from Mexico to Luxembourg largely as tax-free dividends. Luxembourg agreed to tax only one quarter of 1 percent of FedEx’s non-dividend income flowing through this arrangement – leaving the remaining 99.75 percent tax-free.

      If you look through the ICIJ report you’ll see captain crony, Monsieur junket Ruling signed off on most of Luxembourg’s “fraudulent” tax dodges.

      I’m certain codes of conduct are as robust as Goldman Sachs conflict of interest policy (again, ie “fraudulent,” let’s keep in mind fraud is still illegal in all jurisdictions across the world, it’s like we are in a period just before the abolition of slavery – or the abolition of tax havens that we must make happen)

      With all this tax avoidance, you’d think Amazon would be able to post higher profits.

      I’m not a fan of taxes to begin with. Our own system has so much wast and fraud built into government. This whole situation once again highlights the stark difference with how the rich and powerful with in society are treated and the average joe. While IRD and the New Zealand Markets authority target beni fraud and organisations based on there political views. Multi-nationals with there billions barley pay a dime. This is just another example of Neofeudalism.

  9. This ongoing rort of off shore ” tax heists ” by global conglomerates is not illegal. Perhaps ” the new coalition ” might curtail it with simplicity by legislating against it. Wouldn’t this be commonsense?

    • Yes right to that, I never stop being shocked that politicians don’t see the common sense approach now days only the most difficult hard way to our detriment.

  10. What astonishes me is that we have known about this for years and years and then suddenly a piece in the MSM and wow everybody is surprised….

    • There was a case brought against Goldmen Sachs, all of the large financial houses have pending court cases for one thing or another. They get off a lot of them because to explain there bad behaviour to average joes sitting on juries, you need to be a genius yourself, public prosecutors just can’t compete with Wall Street wages, so public prosecutors just don’t have the talent that can explain high end fraud to people that have no idea what a demand curve is.

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