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  1. ‘The Right in NZ know that the neoliberal experiment will crash and burn if the sleepy hobbits rush to the Government to be protected by the State, so what do they propose?’

    Actually, the neoliberal experiment is already crashing and burning. None of the propping up done since the mortgage-backed-security crisis of 2007 has fixed anything, and ultra-low interest rates have been pushed as low as they can be pushed without going negative. Meanwhile, debts and deficits have been inflated to beyond-spectacular levels, and the environment [that makes life-as-we-know-it possible] has been thoroughly trashed to the point of it coming back to bite us on the bum on a daily basis.

    America, the epitome of economic and environmental madness, is on its last legs, and is unlikely to make it to the end of the year in its present form. What is more, the death throes of America are going to take down all the phony systems that acolytes of business-as-usual hold so close to their hearts.

    Watch this space:

    ‘In the US, the latest poll of consumer sentiment remains very negative year-on-year (-15%) but improved in September from August. Things are even more negative year-on-year about current economic conditions (-19%) but less so for future expectations (-12%).

    The US Fed balance sheet is rising again, up +$54 bln in the last week to September 16 and the fastest rise in 15 weeks. In the period from mid-May to early July, it was well over $7 tln and then fell back steadily. Now it is back up sharply to US$7.06 tln. A rise like this indicates the Fed mandarins think their economy and financial system is in need of enhanced support.

    The US Administration raised its agricultural subsidies overnight by another US$14 bln in what has been described a “vote-buying”.

    Wall Street is sliding and now at a six week low. Prospects for economic support from Congressional fiscal action is fading fast as Republicans block any meaningful aid. Oddly Democrats, and now the Trump Administration seem willing to act.’

    https://www.interest.co.nz/news/107123/us-sentiment-stays-low-new-higher-us-ag-subsidies-china-home-foreclosures-jump-japan

  2. Bring back egalitarianism again as they did ‘post second world war’ to set us up back onto a clear shared economic wealth, health, ‘well being’ path for all in NZ again.

    Labour introduced the ‘Community Well being act’ as law for all to follow in 2019.

    So – ‘lets do this’ – Jacinda.

  3. All very nice but where is Labours clearly defined election policies? So far they seem to be missing in action. So if we vote for them what are we voting for?

    1. “So if we vote for them what are we voting for?”
      Probably for something a shitload better than any of the alternatives……bearing in mind they’ve probably got JA (Mother Teresa) with maybe 7 or 8 others whose surnames don’t include fa-a-aaFoi or Sepulon – truly truly luverly people that they arei) to work with.
      However it plays out – we’ll get what we deserve. If you’re happy with a Collins and a Seymour figuring anywhere near the strings of power – let alone any of the other freaks that Mother Nature is having second thoughts about, then more fool you.

  4. BREAKING NEWS: $ 4,000,000,000 is a National Party Budget” Rounding error .”

    Judith Collins has described the 4 billion dollar alternative opposition budget mistake ,(identified by Grant Robertson ) as as a ” rounding error. ” [. RNZ morning report this morning 21/09/2020]

    Four Thousand million dollars, is in most peoples minds , not a trivial oversight .Apparently ,the highly qualified Paul Goldsmith ,upon pressure from the leader ,has now changed his name to Paul Leadsmith .Oh dear.

    Strong Team ready to govern and masters of prudent economic management .Yeah right .Its a Tui’s ad.

    Thrown together in 2 days .Ready to trust these guys ?

    If they are this sloppy and disorganised on the campaign trail would you trust them with managing Covert ? Would you trust them to keep us safe ? Would you believe they would put peoples health before the economy ? Would you risk letting them turn us into another Europe/US /Brazil for the mindless expansion of wealth for their mates ? I simply don’t trust them .

    ” Nice Judith ” isn’t working either .Known for her long history of dirty politics , I simply don’t trust her either, nor I suspect a significant number of normal Kiwi’s. When will the wolf take off her Ba Ba sheepskin coat …….because lets face it ,old nasty Judith is far better value and far more entertaining .

    In the heated volley -return of a TV leaders debate ,the term ” Ms Rounding error ” could stick like velcro .The irrelevant leading the incompetent .

    But that is not to say the concept of Swedish Rounding isn’t valid . If National score 29.9 % of the popular vote at the election , I dare say we could round them up to 30 %.

    Have a nice day . This certainly cheered up my RNZ morning radio hour .

  5. Some things sure shifted in the last week,
    First
    “the Crusher” engaged in real “dog whistle” politics with her tax policy to all those affluent wage earners running with Jacinda on the red quad to” get back up on the blue truck where you belong” and it will work, Nothing like the smell of more money to influence the populous who have it.
    Second
    the “Greens” fired a further shot into their foot with their fishing policy. Do they actually have any policy that is not about shutting productive things down or involves serious inhibiting these industries. They are now, out here in the hinterland, regarded as complete loons, with no concept of the reality of the current economic situation.
    Third
    Two interesting moves by Jacinda relating to NZF.
    The first the virtual endorsement of Tracey Martin “as an NZF MP she would like to poach to Labour” (on stuff) Now is this a subtle message to the voters in Ohariu to vote for Tracey? it would do two things ensure NZF is back and she has a coalition partner (given the Greens are all but gone now) and further rid her of probably the last remaining Alpha male in the Parliamentary Labour Party. The second move was the statement that the Provincial Growth fund would be no more if they are reelected. Now that sends a very clear message to those regions where funds have be promised but not yet uplifted that “if you want to ensure your project actually happens you need to make sure NZF is backin Parliament to fight for it. Interesting!
    But the killer blow of the week was thrown by Winston with his $20 packet of smokes, devastating! The boy’s down the pub on Friday night were ecstatic “he our man”

  6. One could be forgiven Martin for thinking that your continued repetition of these predictions is an attempt to convince yourself. A lot of elections round the world have gone quite opposite to poll predictions. I note the following in the NZ Herald today from someone who has accurately predicted many election results re the US election.
    https://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12366438

    He believes that Trump is set to win again despite the poll numbers. Whilst the election framework is a bit different to ours there is a phenomenon that has been showing up more in recent years re polls. It seems that a lot of people who intend to vote for candidates or parties that are not perceived as popular either lie to pollsters and family/or friends or say they are undecided.

    So I wouldn’t count your chickens before they hatch. Nothing will surprise me this election. I say this as a genuinely undecided voter – and I know a lot of others. No-one in my household has yet decided who they will vote for and the same is true for many friends and colleagues. The only thing I’m reasonably sure of is that my vote won’t be for Labour or National but, who knows? Even that could change.

  7. Gee that Brian Tamaki looks butch eh?. If only I could be as tough as HE. I’m truly in awe – what a lucky man with such a dutiful woify. If only! AND to think!!!!!!! – a Bishop too!
    But if at first you don’t succeed, and all that ….. I’ve decided to get my expert people to work on it. They’re exploring everything: the effects of colonisation and how we/I/I/me/me/me can use it as a platform; whether or not we need to pivot; the rate of tithing and whether or not we should go for discounts on the non true-believers; whether or not cargo cultist activities are sufficiently well known to have an effect on our agenda; whether or not we should give out a bit of bling to the loyal suppotas.
    I’m hopeful I’ve got it all covered cos I really really want to be as butch as the Bish. My insecurities really have been eating me up so far. I almost invested in a Healy and I was looking at crystal solutions (in this space going forward)

  8. BTW Geoff (in that hoodie), Green is not really your colour. What was your wife thinking!
    I’d go for another shade ….. BUT DEFINATELY not in a pastel. And do something about that bottom lip if you really do want people to take you seriously – or have you been too busy eavesdropping around Garrett Street.
    And shave that hair chest and invest in some lycra while you’re at it!!!

  9. If Auckland!s, undecided 20 odd% are to be heeded and applied over the country then the numbers will for sure alter on polling day and obvious be very differing from cold calling polls and i would presume that a large amount of that 20% will go to the more prominent so called minor parties, with the caveat that many so called working class are in themselves Tory minded voters.

  10. Media person Heather Du Plessis-Allan says “National’s ‘small’ mistake proves costly.” Who knows.

    Her big mistake is what she said a bit later: “The economy. That’s their (National’s) area of strength.” What fucken planet is she on? That’s not a mistake though I suppose, it’s bullshit, myth promoted by ignorance and shallowness.

  11. Heather Du Plessis-Allan and her mate Barry Soper are just simply not worth the time of day. They are trying desperately to validate their existence as paid political commentators and as they say welcome getting a tax cut to boot. Must be as worrying down at ZB as it is for the National party as that “busy” sound of the phone being off the hook drones on as they scramble to find any audience of significance listening.

  12. Thanks for the entertainment, Judith. Not that there is any shortage of clowns campaigning for votes. But you party’s definitely was the best skit of the day.

    I see that the ‘Titanic’ sank a little deeper into the icy waters today. Not surprising when its got such a gaping hole in the hull.

    The negative interest rates are a bit of a worry.

    ‘TERM DEPOSIT RATE CHANGES
    Westpac made late changes on Friday, and ICBC did so today. Both cuts of course.

    HARBOUR BRIDGE CONSEQUENCES
    A failure to plan and act has led to a sudden and severe traffic problem in Auckland. You can check today’s bottlenecks. Engineers may save the day with a speedy remedy, but the whole issue has exposed the vulnerability of key infrastructure to an unplanned event. Fortunately Aucklanders are practiced at working from home and adaption and adjustment will come quickly. But there will be two severe consequences. Firms will lose confidence in the ability of the CBD to ever recover. And secondly, national productivity will take a hard hit as new costs will come with lower output.

    DOWN, BUT NOT OUT
    Credit card spending in August came in -4% lower than the same month a year ago. Seasonally adjusted, it was down -5.5%. Balances on credit cards are falling much faster, with the August levels down more than -15% year-on-year. This is because the proportion incurring interest is now at historic low levels.

    EQUITIES UPDATE
    The Shanghai equity market has opened to a modest -0.3% slip. Hong Kong is down -0.7% at its open. Tokyo is up +0.2%. In Australia, the ASX200 is down -0.6% in early afternoon trade and a 10 week low, and the NZX50 Capital Index is down -0.5% near the close. The S&P500 futures trade suggests that Wall Street will open -0.2% lower tomorrow. At least they are looking at a small decline that when we checked earlier today (when it was a full -1% drop expected).

    SWAP RATES LITTLE-CHANGED
    We don’t have the final data for today yet and if it is significant we will update it here. The 90 day bank bill rate is unchanged at 0.30%. The Australian Govt ten year benchmark rate is down -1 bp at 0.92%. The China Govt ten year bond is also down -1 bp at 3.13%. The New Zealand Govt ten year is down -2 bps at 0.53% and below the earlier RBNZ-recorded fix of 0.54%. And the NZGB five year is even more negative at -0.03% pa now. The US Govt ten year is unchanged at 0.70%.

    NZD STABLE
    The Kiwi dollar is staying elevated at 67.7 USc. Against the Aussie we are unchanged at 92.6 AUc. Against the euro we are marginally softer at 57.1 euro cents. That means our TWI-5 has taken a slight dip to 70.5 but still in its 2020 range.’

    https://www.interest.co.nz/news/107149/review-things-you-need-know-you-go-home-monday-more-td-rate-cuts-huge-productivity-snafu

  13. Chucky trying to sell to voters the idea National will embrace the “tech sector” with a 1.29 billion dollar injection for scholarships etc.

    Chucky looked like a $2 shop Rolex watch salesperson in her presentation. She repeatedly and farcically described it as “tech center” even after being pulled up about her blunder.

    I’m sure voters will remember that the “tech sector” was extremely busy during Nationals 9 long years at the wheel but they avoided and ignored that sector like they were invisible….but now they care.

    1. I think they are primarily focussed on robotics, rather than the wider tech sector. But I don’t know for sure.

  14. And once again… no Social Credit anywhere, even though they will be on every Party list at the election booths. You will say that given how low their voter base is, why should they be included in any political analysis? The reply is naturally ,if no one admits to their existence how can they possibly get any votes at all? Is this the way to run a democracy?

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