Criptic Critic Conscience and Known for it
Monday, October 31, 2022
" I look at economic analysis in the media, to be honest that is not analysis, that is an entertainment product. If you are not taking these guys and rewarding them for being right and punishing them for being wrong, then they are not analyzing they are fucking dancing" - Gary Stevenson - The Plan Is To Make You Permanently Poorer | Aaron Meets Gary Stevenson
"If
the government gives you 50 quid and the rich 50k, you will have more
money and less food, less energy, less housing, less healthcare, because
money is the asset we use to determine the distribution of real assets.
Money does not make people rich, money determines distribution, you can
have as much money as you want but if it doesn't buy you housing, if it
doesn't buy you food, it doesn't matter."- G.S
Sunday, October 30, 2022
Friday, October 28, 2022
Tuesday, October 25, 2022
Monday, October 24, 2022
Sunday, October 23, 2022
Saturday, October 22, 2022
Friday, October 21, 2022
Thursday, October 20, 2022
Wednesday, October 19, 2022
We Were Lied To About Vaccines ADMITS Pfizer!
You're thinking, IT DOESN'T MATTER, but it's about taste, it's about whether or not being lied to matters, it's about a bigger picture being moved into position, blocking important democratic principles. It's not about the talk, it's about the action. Can you appolgise for the mandates, can you appologise for the criminal depositioning of people who are equal to you, it is second class citizen, it is historical in size and scale. For a failure of science, as a process of asking questions transparently where only a lie would need defending, "we had to move at the speed of science" "It fell using the pancake effect" we were forced to get vaccinated, risk the side effects, ignore them, deny them, deny my personal medical history to fit in like a colour in a flag. Look how easily you threw genuine protest under the bus, because they didn't like the aesthetics and the message that they were wrong. You were the group that insisted on "trust' not "science", you didn't want to know, and those that "do their own research on the internet" and have a reasonable level of cultivate intelligence to deliver coherent, rational arguments COUNTER to the MSM and GOV. deal, bring this particular capitalist coup,...
(can you remember, I barely can, that during Covid, there has been the largest growth of private wealth in the history of NZ, a transference too from the gov. borrowing to private hands.
People around Walt Whitman, at the time he was a racist, called him a racist. They just were rubbed out of the picture.
pick it up
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1 Comment
Wells Tao
wars are creative business deals, this was another form of creative business deal.
Tuesday, October 18, 2022
NZ Infrastructure investment robbed for cheap labour and wealthy untaxed - Bernard Hickey
NZ Infrastructure investment robbed for cheap labour and wealthy untaxed
https://twitter.com/bernardchickey
Bernard Hickey
So,... here's the problem. Both National & Labour have opened the permanent & temporary migration taps since 2000 to replace the locals leaving permanently and provide cheap labour to juice GDP growth & power budgets back to surplus fast (& keep debt low) but they did it while underfunding infrastructure to the tune of $100b, InfraCom says. That allowed them to keep taxes low (& not tax cap gains). Taking GDP growth benefits today & postponing costs. Another form of intergenerational wealth transfer. Capital gains galore. Our population grew 1.4%/yr or by 1m to 5m in 16 yrs to 2019. 1.6%/yr from 2010 to 2020. The trouble is eventually the infrastructure/transport/housing/water assets reached breaking point. The covid straw broke the back of our infrastructure camel.
So then Labour decided to limit migration post-Covid to take pressure off infrastructure. It could have invested to fill the $100b deficit & plan for another $100b needed to cope with InfraCom forecast for net migration of 25k/year to 2048, but decided in May it couldn't/wouldn't do it because that would mean higher taxes (probably some sort of wealth tax) and higher debt to pay for it. That would break the fiscal rules both parties have signed up to for 30 years: tax no more than 30% of and debt no more than 20-30% of GDP. Three Waters is Labour's attempt toto solve the problem of funding infrastructure for more population growth by lifting taxes (via water charges) & Government debt without breaking those rules about core crown tax/debt & avoiding asking voters for permission (spoiler: it's not really about co-governance)
That decision not to invest $200b makes sense only if you also limit migration & heavily use congestion charging/housing densification/mode shift to limit transport investment. But now we know Labour (& National) are not doing either of those things Labour just removed its migration planning range, reopened several residency visa programmes, increased various temporary migration quotas & delayed tougher wage rules for most employers importing migrants. Partly due to National's promise to loosen settings by even more and Labour is soft-peddling on its densification and mode shift plans because suburban home-owning double-cab-ute driving median voters don't want them, as the council election results showed.
So what happens now? Our pop'n grows fast again. Without enough infrastructure which contains wage growth, reduces interest rates, increases residential land values (because councils won't open up new land or allow much densification) & powers Budget back into surplus via surging GST/PAYE taxes. Brilliant? Not really, because our hospitals, motorways, schools, bus networks, (non-existent) rail lines are already at breaking point. IE The systemic hospital overcrowding & underfunding revealed today.
So how could or should we do it differently? We should start by agreeing to a ProdCom proposal that is endorsed by the InfraCom to have an agreed population growth target that both sides of politics (and voters) know about & agree to. That means agreeing on a migration level we can handle now & want in future, and then planning and funding infrastructure for that which means agreeing on higher taxes & higher debt levels to double public infrastructure investment of 5% of GDP now & business investment of 10% of GDP to 30% total investment of GDP/yr. And agreeing on a migration level that doesn't further stress infrastructure & keeps up with growth. InfraCom's $200b deficit forecast was based on 0.75%/yr pop'n growth with 25k net migration/yr. Our pop'n growth in last 10yrs was 1.6%/yr with net migration 50k+. At that rate, which the latest loosening implies, we'll add next 1m to 6m in 11.5 yrs.
That would be 6m by 2030. That's 7.5 years away! So where's the urgency about infrastructure investment? And/or limiting migration? Grant Robertson talks mostly about 'keeping a lid on debt'. National wants loose migration settings too. And has no infrastructure plan.
Monday, October 17, 2022
It's like arguing with a puppy - Tao Wells
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TAOWELLS.BLOGSPOT.COM
It's like arguing with a puppy - Tao Wells
Eric Siegel
Wells Tao Being both pretentious and stupid is not a good look for you.
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Vincent Moore
Wells Tao "practice socialism" dude your brain is broken. Also wtf is a "free slave".
Wells Tao
Vincent Moore dude, irony much https://www.usworker.coop/home/
USWORKER.COOP
U.S. Federation of Worker Cooperatives – Work it. Own It.
Wells Tao
Eric Siegel "Being both pretentious and stupid is not a good look for you" -you own it
Saturday, October 15, 2022
Friday, October 14, 2022
Wednesday, October 12, 2022
Tuesday, October 11, 2022
Monday, October 10, 2022
Wednesday, October 5, 2022
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