Kiwisaver make us all merchants of death + ACC makes us gulag owners

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Excellent journalism from Matt Nippert last week with the exposure of how many Kiwisaver accounts make money from immoral and illegal investments.

We now have the Police being contacted...

Amnesty New Zealand executive director Grant Bayldon filed the complaint at the police station in central Auckland this morning.

RNZ revealed last week at least five of the nine default KiwiSaver providers have money tied up in companies that make cluster bombs, landmines and nuclear weapons.

Official advice to Commerce and Consumer Minister Paul Goldsmith said that knowingly investing in companies that made cluster bombs was illegal under a law passed in 2009.

…these default accounts are making money from evil means. We have all become merchants of death benefitting from weapons of absolute malice.

There is something grotesque about us building a retirement off the backs of cluster bombs.

It’s fucking sickening is what it is, and yet the Government have merely shrugged. Like with every other issue, these rich, disconnected neo-Pontius Pilate’s have washed their hands and left it to the market.

The way they have with Housing. The way they have with child poverty. The way they have with homelessness. The way they have with inequality. The way they did with refugee numbers.

Kiwisaver is just one example, look at how ACC owns 30% of the private prison at Wiri. We have a Government Department that is relying on incarceration for a revenue stream. What horrific interests does that start serving? Remember if these prisoners refuse to work for slave wages, they can’t get Parole.

That’s not a prison, that’s a gulag.

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Is this who we’ve become? This spiteful, gleefully ignorant selfishness as virtue?

Screw you, I’m doing ok! Is that who we’ve really become?

The delight in our blindness is extraordinary.

15 COMMENTS

  1. The entire financial system is dependent on continuous warfare, and could not persist without it.

    1. Actual military conflict to ensure resources (especially oil and gas) flow from nations that are being looted to the ones that are doing the looting.

    2. The war on nature which corporations are engaged in to make profits from the industrialised agricultural system (highlighted in 1962 by Rachel Carson and continuing to this day).

    3. The war on the next generation engaged in by the bulk of adults in industrialised nations via the consumption of finite resources and the conversion of fossil fuels into ultimately-life-terminating pollution.

    Kiwisaver like all so-called investment schemes, is dependent on infinite growth on a finite planet, which is mathematically impossible. It is also dependent on the vast majority of people not recognising the Ponzi nature of the financial system or just how close to meltdown (both environmental and financial) we are.

  2. Planet key loves dealing with these blood merchants, who are just low life, so he thinks we are low life too?

    We have gone down a very slippery slope with this dictator and life looks dim looking forward in Planet Key.

  3. Are we an inclusive democracy? Protective of everybody’s rights whether or not if you are part of the majority or not?

    If we are, we should respect that some disapprove of ‘unethical’ investments and other approve or don’t give two hoots.

    Either privatize ACC/Cullen funds or shut up. Don’t moralise for other people.

    The last thing we need is narrow group of people deciding what is ethical or unethical. Pompous grandstanders.

    To those Catholics- condom manufacturers are okay for many
    ………….. Muslims and vegans- non-halal meat is also okay
    ………….. jehovah’s witnesses- plasma/blood products companies
    ……………NeoNazis- Jewish businesses are okay by me
    ……………Conservationists- petrochemical/fertilizers are okay by me
    ………….. Socialists- investing maybe Neoliberal, but let there be freedom of choice

    • Thank you David. You and your ilk are the problem that Martyn so ably expresses. Your attitude is what has led us to where our society is now and you obviously think our 30+ years of market led long term disasters are just fine and dandy. Wrong , wrong, wrong.

  4. Who made the shirts we wear, who made our shoes, who made the trousers, socks, jackets? Who made the i-phone many have, who made the Samsung smart phones, who made the parts of our cars, who made the stuff we use daily and take for granted?

    Most is no longer made in New Zealand or any “developed” nation, much is made in low cost and low standard labour countries, where workers and life are cheap.

    The cluster bombs and nuclear weapons are the darker side of production that occurs in the world, but other goods that we accept and import en masse, have also a side to them, that we rather not see.

    Let them slave and have no health insurance, retirement or unemployment benefits, let them make stuff for us, that please us, and risk their health and well being, suffer accidents, perhaps poisoning, burns, health issues due to poor working conditions, do we care?

    How much of “investment” is in such low wage production that Kiwisaver and ACC may also have? What about commodities, where are the minerals extracted, at what cost?

    If we really want an ethical, or more ethical world, the arms manufacturing investment scandal can only be the beginning.

    • Yep, and to think the New Zealand Green Party are 100% behind supporting this growth based ponzi scam. All our investments are tied to bad shit. And that goes for the $100.00 you have in your child’s squirrel account.
      We not only support death and destruction of other countries we are also supporting our own demise.
      Keep firing babies at the problem.

  5. Might be a case of ‘…twas blind, but now I see’
    – New Zealand sure does need some ”Amazing grace’.

  6. Fuck ACC. I hope the bastards burn in Hell. Oh, wait? They ‘are’ Hell.

    What if Hell burned in Hell??

    Would they then be the authors of their own demise ! Hmmmm ? I like that sound of that.

    • 100% CB right on there.

      ACC is a Tax haven “shell company” belonging to NZ Inc. a very corrupt privatised agency now with no scruples.

  7. Rhetoric in the Northern Hemisphere is heating up to nuclear proportions so cluster bombs will be seen as small change. As the 1% see their imminent demise looming ever closer and their minions freeze with fear of their horrific crimes against humanity being exposed, these dead heads are threatening Europe once again. UK, Finland, Czech, Germany and no doubt others are warning their citizens to stockpile food and water in case of emergency.
    http://www.simonparkes.org/
    https://www.youtube.com/watch?v=CxoBGzBiQts
    https://www.youtube.com/watch?v=kBrQ_7rTHZ0
    IN THE MEANTIME
    Is our “love everything American” government friend or foe? Best to keep money at home and food/water stockpiled. Just keep whistling while we keep the hamster wheels.

  8. Over the past 24 hours industrial humans have burned about 85 million barrels of oil and converted the rest of the day’s extraction (delayed in actual time, of course) into asphalt and plastic, much of which ends up in the oceans, where it kills animals and birds and breaks down into fibres that in some places outnumber plankton.

    Over the past 24 hours millions of tonnes of coal (not sure of the exact figure) have been extracted via ‘mountain top removal’ -literally blowing up mountains or scraping them away with machinery- and burned to make electricity and steel.

    And where there were once forest in Canada, the overlay has been removed, and the tar sands dug up to extract bitumen that is so gluggy it has to be processed with hot water to get it out, and later mixed with refined petroleum to make it pumpable -such is the degree of desperation to keep the international Ponzi schemes going, and such is the desperation to keep industrial arrangements going. A couple of million barrels a day of that particularly destructive ‘black death’ are extracted using methane, electricity and heavy machinery.

    Over he past 24 hours more than 500,000 million tonnes of carbon dioxide have been added to the atmosphere and oceans, causing greater trapping of heat, worse droughts, greater melting of glaciers and ice sheets, worse torrential rain events, and poisoning of coral reefs etc.

    However, such is the degree of mind-control exercised by banks, corporations, politicians and the corporate media over the general populace in ‘civilised’ nations, the bulk of general populace doesn’t just go along with destruction of the Earth and termination of most life on this planet for short-term profit, they actually demand it.

    ‘Abandon hope, all ye who enter here.’ -Dante

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