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  1. It seems to me that Jacinda needs to step up now and hold a caucus meeting on all the things going wrong, as rtjhe leader she needs to show w”leadership now, since she has sanctionaed one of her best ministers for using a fucking celphone after a plane was having its doors closed.

    Shit I have been on many planes overseas and while in flight the passengers were using all there celphones so she needs to rejag all these angencies that national left in such a mess and dysfunctional.

  2. Again, back to the fiscal” responsibility rules.” Basically The Reserve Bank purchases government bonds and those bonds sit as assets on The Reserve Banks balance sheet as assets, combined with the original post, this is a good example of how sovereignty is lost, in a country, because now there’s a conspiracy theory that says The Reserve Bank has its own agenda. And the agenda is The Reserve Bank owning large portions of Crown debt. And if you control Crown spending and taxation you control New Zealand. Now again, obviously this is a conspiracy theory, I’m not massively into conspiracy theories. The fiscal responsibility rules state core crown net debt will be 20% of the GDP by a set number of years, but you can see the argument.

    The argument is non-direct elected officials / committees and non directly elected officials by the electorates is essentially setting there own agenda. This could be a situation where the spending of the Crown is determined by what unelected officials will or will not allow them to do because we have unelected people owning large portions of Crown debt.

    So this whole idea that an all of government approach based on borrowing that was brought in by the previous National Government, providing the advantage of flexibility and nimbleness and so on for Crown authorities to intervene could also be a huge disadvantage in terms of sovereignty in overall society.

    So plenty to think about there in terms of the advantages or disadvantages of a “whole of government” approach and a “fiscal responsibility rules” approach. It is what it is and we just have to understand it and navigate the political landscape properly.

    1. Sam; – we need another Michael joseph Savage today to save us as this Government are facing disaster and are certainly not prepared for the rough road ahead as they placed their heads and ours in the chopping block by tying us to the old outdated monetry system of borrow on creidt without going to the reserve bank act to print funds for “emergency national security in these times of so many disasrers confronting us all right now as we will end up being owned by overseas bankls as greece is rtight now.

      Time to get real and move to save our country and not to just be a “tenant in our own land.”

  3. I don’t do Shakespeare. But when I do, there’s a pox on both your houses

      1. Not useless, criminally negligent. And govt can’t go dishing out knighthoods to fisheries bosses and make them accountable at the same time, so something had to go – justice.

  4. ‘This culture is the reason MPI are so incompetent when it comes to Mycoplasma Bovis and the insane position they have taken to not prosecute grotesque abuses within the fishing industry.’

    It goes way beyond MPI, Martyn. It would be fair to say that every government department is run by incompetent fools, zealots and those who prefer protecting corporations to providing New Zealanders with a future.

    The next financial crash, the one that terminates our current way of life, is now mighty close. And the level of ignorance and denial is just as high as it was over 2007-2008. Perhaps higher.

    ‘Mainstream economists just look at market forces, percentages, and values on a piece of paper or computer. When economic activity begins to fall, they try to find the cause and remedy it with a solution. Most of the time, the solutions are found by printing more money, increasing debt, changing interest rates or tax percentages. And… that’s about it.

    There is no mention of what to do with energy in the economist’s playbook. For the typical economist, energy is always going to be there and if there are any future problems with supply, then, of course, the price will solve that issue. Due to the fundamental flaw of excluding energy in College economic courses; the entire profession is a complete farce.’

    https://srsroccoreport.com/global-financial-breakdown-continues-economic-growth-chokes-on-massive-debt-increases/

  5. It’s the reason why leaky buildings happened
    It’s the reason why CTV collapsed

    No rules.
    A cowboy country.
    With sick cows.

  6. I’ve come to the conclusion that the CEOs and boards of government ministries need to be summarily fired for utter incompetence and ideological idiocy. They were tasked with ensuring operational policies and practices with Ministries and agencies were up to scratch and met the requirements of the legislation. Well they failed, each and every year since National took power.
    Ok National bear much of the blame, for the instigation of bad leadership, but those CEOs had statutory obligations and duties of care that stood independent of the nonsensical leadership of the Ministers of National Nonsense.
    The social Ministries are broken, as are Corrections, Police, the Military, and all those various heads of the hydra that is MBIE.

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