From thecontrail.com
An article from Combined Pensioners & Superannuants Assn (Australia)
If big business got its way, the age pension would be a loan rather than a safety net payment …
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Category Archives: Money
Tax rates for our esteemed ‘public servants’ at Parliament are a joke – time for a complete overhaul
Calculated at the time of Key’s ‘leadership’ (said with tongue in cheek). The same would doubtless still apply for the current PM. Time for change. Bryan Bruce in his last doco recalled a time when Parliamentarians earned the same wage as a teacher. The higher salary (that being a vast understatement) has not brought greater accountability or better service from these public servants. We should return to the previous regime. And put them on a fair tax rate. This article from 2014 is from the dailyblog.co.nz
How much tax does John Key pay compared to a minimum wage worker??
Yesterday I did some calculations to find out what tax John Key pays compared to a worker on the minimum wage.
MANA Movement Economic Justice spokesperson John Minto is calling for a radical overhaul of New Zealand’s taxation system with calculations showing that a minimum wage worker pays a ten times higher tax rate than the Prime Minister.
Minimum wage worker 28% tax
Prime Minister 2.8% tax
The minimum wage worker on 40 hours per week earns $29,640 and pays $4,207 in income tax and $4,149.60 in GST giving a total tax of $8,356.60 or 28% of income.
On the other hand the Prime Minister earns $428,000 from his PM’s salary along with this year’s $5,000,000 increase in his wealth (according to NBR’s rich list) which gives him a total income of $5,428,000. On this total income he pays just $132,160 in income tax and approximately $21,400 in GST giving a total tax of $153,560 or 2.8% of income.
This is a national embarrassment. Those least able to pay are under a heavy tax burden while the super-rich pay peanuts.
The National government and its attack bloggers refer to the working poor as scum, bludgers and ferals but it’s clear the real problem is with the top 1% of income earners who get all the benefits of taxpayer funded facilities and services but don’t pull their weight paying for them.
Cleaners, fast-food workers, hospitality workers and security guards are all heavily subsidising the lifestyles of the superrich.
These figures show we need an overhaul of our tax system so the Prime Minister and his rich-list colleagues pay their fair share.
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Who Runs The World And Controls The Value Of Assets?
See other articles featuring the late Joan Veon by using the search box. She has many videos on YT also. Her insights on the New World Order / Global Governance are invaluable. This one is a must read. When I originally saved it it was on her website before she passed away. I see now it is saved on Rense. In Jeff Rense’s tribute to Joan he writes: “…Joan personally traveled to over 100 of the top meetings of the elite controllers to capture the most crucial information and present the BIG PICTURE to all who have ears to hear and who are not afraid of the truth. She is irreplaceable.”
By Joan Veon
1-29-7
Today, after the conversion of Iraq to the Banklords, only five countries in the world are without a central bank: Iran, North Korea, Sudan, Cuba and Libya . All of these just happen to be on George Bush’s “Evil of Axis” list.
INTRODUCTION
At the January, 2006 World Economic Forum, five of the world’s most important economists bewailed the fact that they had missed the rise in oil and in gold. By May, gold had risen to $730 oz. while energy had gone over $70 bbl.
When gold stayed at $600 oz. after falling from its high in May and the oil markets reached $75 bbl., their most recent high, I asked myself what would be used to change the commodity cycle. In May we saw a 10-15% drop in the price of gold and a correction in the price of oil. Throughout the summer the market recovered with oil reaching $75bbl. While gold stocks made up some of the loss, gold bullion did not. It stayed around $600 oz. Oil today is at $60 bbl. CNBC said on September 21, “With oil down 20%, the steep decline is even confounding the experts!” Is what we are seeing indeed confounding all the experts, or is it managed and manipulated to benefit a small group of powerful insiders?
Last week, we saw once again how Wall Street changes the minds of investors. For the last ten years or so, the gas guzzling SUV has been the premier choice of vehicles for most Americans. High oil prices put both General Motors and Ford at risk, as both companies announced drastic measures and big lay-offs last week. The Ford Company, in announcing they were not going to manufacture the SUV any longer said, “The North American business model does not work.” In response to this information, a friend of mine, who just visited Italy, told me that she was surprised at the increase in the number of SUVs in Italy.
Why the huge drop in the price of oil? Wall Street would have us believe that it was the new oil reserve found in the Gulf, even though it will take 7-10 years to bring it on line. On 9/11, 2006 CNBC’s Larry Kramer forecasted that oil will never go back to $75bbl, and that it is time to buy drug stocks. A little later that same day, we were told that the rise in gold and oil, which began 9/11/01, was over. The price of gas at the pump began to drop and, according to CNBC the next day, “Consumers are feeling better, more secure, and richer over lower energy.” CNBC then went on to show SUV’s and tell us, “Maybe it is time to buy an SUV.”
The bottom line is that Wall Street and our central bank made a huge mistake by raising interest rates at the same time they increased the price of energy and they are back-peddling. What they found is that the power of the consumer to buy is gone. They are not able to put gas in their SUVs and they are not buying new ones. Furthermore, they cannot afford a new home which doubled in price as a result of 45 year low interest rates. In other words, there is a very high inventory of SUVs by all the auto dealers and home builders have at least one year of homes on the market.
Currently, gold is at $565 (9/21) and has lost over 22% in spite of the fact that the metal hit a 26 year high of $730 oz. in mid-May. Within the last two weeks, gold is down 10%, for a total drop of 20% year to date. According to one gold analyst, the central bankers began dumping gold on July 18 to keep it from rising as a result of the new Middle East War. They say that if gold had risen to $700 oz., oil would have exploded to $90bbl. Does any of this make sense? As a friend of mine would say, “What in the earth is going on?”
Perhaps, instead, we need to ask “Who is in control?” Are there natural forces that set the value of diamonds, gold, bonds, stocks, housing, farm land, etc., or are they manipulated to fill the coffers of powerful groups and individuals, as they skim off the top of the world’s asset highs? This newsletter is not an excuse for the market but hopefully will educate you about forces behind the scene.
Having spent 25 years in this business and having covered 90 global meetings over the last 12-13 years, I have observed presidents, prime ministers, kings, princes, dukes, key officials from the various United Nations organizations, CEO’s from some of the world’s most powerful corporations, economists, and others.My research and observations have led me to determine that there are a number of powerful forces that rule the world, independent of government. In fact, government is getting weaker through privatization, as it spins off assets and sells them to corporations. Just recently, Norway overthrew their Democratic Socialist government so they can privatize more of their government assets! While I personally believe the British royal family rules the world, they do not rule it alone. There are at least three actors: central banks, the power and legacy of Cecil Rhodes, and the immense financial power of the biggest international banking family, the Rothschilds. When you consider all of these, you have a three-strand cord — in other words, a strong cord that it will not break.
Central banks control the monetary system of the world and determine when business cycles are going to change simply by increasing or decreasing the money supply in the banking system. This small group of powerful insiders know when to sell high and buy low because they determine when the market cycle is going to change. What has just happened with oil and gold prices is an example of the power brokers who rule the world.
Cecil Rhodes was a British aristocrat who went down to South Africa to mine diamonds and ended up discovering gold. DeBeers Diamonds was the corporation that he founded as a result of the Anglo-Boer War. He also founded one of the largest gold companies in the world, Gold Fields.
Rhodes loved his mother country so much that he dedicated everything he had to setting up secret societies and college scholarships (Rhodes Scholars) for the furtherance of bringing the world under British rule. Rhodes said the British “are the finest race in the world and if the world were British, there would be no further wars.” (Interestingly enough, he would have to wage war against all the independent nations of the world in order for “peace” to happen.) Working closely with Rhodes in helping to finance his quest to corner the diamond and gold markets and to carry out his final vision, was his banker, Nathaniel Rothschild of the British Rothschild banking family.
I make no claim to knowing everything. We are all entitled to our opinions. The following analysis is mine, based on years of extensive research both in regard to history and to the market. Consider:
When Rhodes died, he left a series of wills in which he wanted to set up a secret “society of the just”, based on the Jesuit Society, to carry out his vision of a world united under British rule. Interestingly enough, he worked very closely with the British and French Rothschild families to finance the merger and consolidation of all the various South African diamond and gold concessions. One of his directives was to educate well selected men (and recently, women) from key colleges and universities from around the world, in the philosophy of bringing the world under British rule. These people are known as “Rhodes Scholars” and include former President Clinton and many others in government.
CENTRAL BANKS
Regarding the power of central banks, if you will take a piece of paper money out of your wallet — any denomination — you will see these words, “Federal Reserve Note — This note is legal tender for all debts, public and private.” You might ask yourself why the paper money does not state that it is a note from the Treasury of the United States? If the Federal Reserve is not the Treasury, what is it? The Federal Reserve is a “central bank.” To put it in every day terms, it is a private corporation which claims to provide a service to the people of the United States by providing the money used in our banking system.
When America was founded, there were great and serious debates over who should control the monetary system of our new country. While President Washington was chosen by unanimous vote, he appointed a number of constitutional advisers. Secretary of State Thomas Jefferson believed in the capacity of the common people for self-government. Secretary of the Treasury Alexander Hamilton, an aristocrat by birth and breeding and connected to the Tory element of the Revolution, believed our monetary system should be like that of England’s with a private corporation — central bank (Bank of England). Washington accepted the views of Hamilton and signed a bill into law creating our first central bank (The Coming Battle, M.W. Walbert, 1899, republished 1977, 3).
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ANZ Bank was the leading Australian bank in the world of offshore accounts – Panama Papers
The Panama Papers: ANZ Bank was the leading Australian bank in the world of offshore accounts; Samoan diplomat was used to help create shell companies – Samoa’s high commission in Australia couriered papers
A link to the above article is below Penny Bright’s summary here:
NZ WHISTLE-BLOWER ALERT!
25 October 2017
Penny Bright
Can the International Consortium of Investigative Journalists (ICIJ) please carry out an urgent investigation of former NZ Prime Minister John Key and the Panama Papers?
BACKGROUND:
It was murdered Maltese investigative journalist Daphne Caruana Galizia who exposed, via the Panama Papers how NZ foreign trusts were used as money-laundering vehicles by Maltese Politically Exposed Persons.
______________
Malta scandal exposes New Zealand trusts again
Neil Chenoweth and Susan Edmunds
April 28 2017
http://i.stuff.co.nz/…/malta-scandal-exposes-new-zealand-tr…
“A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev.
President Aliyev’s daughter, Leyla Aliyeva, is alleged to have channelled more than NZ$1.6 million to senior figures of the Malta government, including Prime Minister Joseph Muscat’s wife.
These include alleged payments to Panama companies owned by New Zealand trusts set up by the Malta Energy Minister Karl Mizzi and Muscat’s chief of staff, Keith Schembri.
On April 20, Maltese blogger Daphne Caruana-Galizia reported that she held copies of documents originally stored in a kitchen at Pilatus Bank, which showed that Egrant Inc, a mystery Panama Papers company identified by the Financial Review last year, was secretly owned by the Maltese Prime Minister’s wife, Michelle Muscat.
In March 2016, a Dubai company controlled by Leyla Aliyeva had transferred US$1.017 million (NZ$1.47 million) marked as a loan into Egrant’s account at Pilatus Bank, Caruana-Galizia reported.
Joseph Muscat denied the claims, calling it the “biggest political lie in Malta’s history”.
Caruana-Galizia reported that other payments were made from Leyla Aliyeva’s company to Pilatus accounts held by Egrant as well as Tillgate Inc and Hearnville Inc, two Panama companies that are owned by Schembri and Mizzi, through New Zealand trusts.
Schembri and Mizzi vehemently deny Caruana-Galizia’s reports. Mizzi has produced audited accounts for his New Zealand trust which shows it as dormant with no assets or income.
…..
The latest revelations, if substantiated, are an embarrassment for the New Zealand government, which announced an inquiry into its offshore trust laws on April 11 last year, the day after the Financial Review revealed details of how Panama law firm Mossack Fonseca’s Malta agent, BT Nexia, began setting up Tillson, Hearnville and Egrant five days after Muscat’s election victory in 2013.
Mossack Fonseca’s files were obtained by the International Consortium of Investigative Journalists and German newspaper Süddeutsche Zeitung.
New Zealand subsequently amended its offshore trusts regime, requiring foreign trusts to file annual accounts with the New Zealand tax office, but with no further restrictions.
At that time, it appeared the Malta trusts had never been used, after Mizzi and Schembri’s Panama companies were turned down by eight banks who refused to open accounts for them because they were Politically Exposed Persons (PEPs).
The Panama Papers, however, show repeated cases of overseas investors filing false or implausible sets of accounts with New Zealand lawyers, who have limited means to verify the figures.
SIGNIFICANT ROLE
The latest wave of allegations in Malta underline how easily the New Zealand disclosure laws can be avoided, which the new laws do not change.
If the reports are substantiated, they raise a far more serious picture of money-laundering from one of the most corrupt countries in the world, in which New Zealand’s foreign trusts played a significant role.
The saga began in February 2016 when Caruana-Galizia revealed that Schembri and Mizzi had set up two Panama companies, Tillgate Inc and Hearnville Inc, owned by the Haast Trust and Rotorua Trust in New Zealand.
In April 2016, the Financial Review published new details of Schembri and Mizzi’s New Zealand trusts and their attempts to open a bank account in Dubai.
….”
____________________
Two days after Daphne Caruana Galizia was murdered by this car bomb, it was announced that former NZ Prime Minister John Key would become Chair of the Board of the ANZ bank.
http://www.nzherald.co.nz/business/news/article.cfm…
“Sir John Key has been named chairman of ANZ Bank’s local arm.
Key joins the board of the country’s biggest bank from today and will assume chair at the start of next year.”
The ANZ bank was the Australian bank mentioned more times than any other bank in the Panama Papers.
ANZ leading Australian bank in the Panama Papers:
http://www.fijileaks.com/…/the-panama-papers-anz-bank-was-t…
(4/4/2016)
“By Neil Chenoweth
Financial Review
The Mossack Fonseca files show the critical importance that banks hold in the offshore world – and ANZ is the most visible of the Australian banks in the offshore space.
ANZ appears in 7548 of the Mossack documents, reflecting the bank’s extensive work in New Zealand, the Cook Islands, Samoa and Jersey.
…”
On 1 August 2017, at a meeting attended by 200 people at Rutherford House, Victoria University, Wellington New Zealand, the (former) Chair of Transparency International, Jose Ugaz stated that John Key should be investigated over the Panama Papers.
I attended this meeting and heard Jose Ugaz say this myself, as did the other 200 people in the room.
There appears to have been NO NZ mainstream media coverage of this story.
Can the ICIJ please carry out an investigation of former NZ Prime Minister John Key and the Panama Papers?
Yours sincerely,
Penny Bright
‘Anti-corruption whistle-blower’.
- Attendee: 2009 Australian Public Sector Anti-Corruption Conference.
- Attendee: 2010 Transparency International Anti-Corruption Conference.
- Attendee: 2013 Australian Public Sector Anti-Corruption Conference.
- Attendee: 2014 G20 Anti-Corruption Conference.
- Attendee: 2015 Australian Public Sector Anti-Corruption Conference.
- Attendee: 2017 Transparency International Australia Anti-Corruption Conference.
- Attendee: 2017 World Justice Project International Rule of Law Forum – The Hague.
#InvestigateJohnKeyOverPanamaPapers
#JusticeForDaphneCaruanaGalizia
#StopCorruption
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John Key is making money off NZ’s growing debt
“Trillions of dollars need to be mobilized a year by tapping into the savings of citizens around the world…” Sustainable development’s financing plan!
Ah, how the UN cares for you … so much so they want you to involuntarily give them your savings. Do any of their plans look sustainable? I’ve yet to see anything. If the sustainable environmental practices are anything to go by we’re all sunk pretty much … it’s all about profits and money courtesy of the banking cartel. Do you really trust them?
EnvirowatchRangitikei
EnvirowatchRangitikei
Danger: The Deputy Secretary-General, Amina Mohammed, said that “trillions of dollars need to be mobilized a year by tapping into the savings of citizens around the world…” The financing fix for Sustainable Development is revealed: simply take it from citizens’ saving accounts. Actually, if Sustainable Development is completely established in place of Capitalism/Free Enterprise, private property (including savings) will be wiped out anyway. ⁃ TN Editor
As the high-level week of the United Nations General Assembly gets underway, Secretary-General António Guterres today stressed the role of the UN to help reshape “unproductive and unrewarding” finance and redirect investment to creating a better world for all.
“The choices we make on finance will be critical,” Mr. Guterres told a special event held at the UN Headquarters in New York on financing for global development goals.
Mr. Guterres noted that the 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) – adopted by UN Member States in September 2015 – are a blueprint for building an inclusive, sustainable fair globalization.
“We can choose to bemoan the lack of financing for the 2030 Agenda in a world awash with so much unproductive and unrewarding finance. Or we can grasp the opportunity to reshape finance, according to our urgent, collective needs,” he said. “The choice is clear. Let us invest in the 2030 Agenda and finance a better world for all.”
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TN Editor – https://www.technocracy.news/index.php/2017/09/18/un-chief-reshape-… – http://www.un.org/apps/news/story.asp?NewsID=57539#.WcBA3NOGNMA
SOURCE
12 Days Before ’08 Crash, Congress was Secretly Told to Sell Off Their Stocks
Not surprizing this information given we’ve been told for many years by notable people that economic depressions/recessions are man made. They manipulate boom and bust to fatten their bank accounts. Yet for years we’ve been led to believe they are all due to fluctuations in the market. Not even. Check out our Money Trail / Banking pages for more info on who is controlling the world with the banking industry. In my humble opinion they have much blood on their hands given all the suicides they’re responsible for. Their other arm is the media that is used to suck people in to the whole consumerism trap. Be aware and don’t go there.
EnvirowatchRangitikei
Earlier this month, it was reported that less than two weeks before the economic collapse of 2008, several members of Congress took their money out of the stock market. Many high ranking government employees were given a heads-up about the impending market crash in secret meetings with the Federal Reserve and the Treasury Department. Then they used that information to engage in insider trading.
It was revealed that Senator Shelley Capito and her husband sold $350,000 worth of Citigroup stock at $83 per share, just one day before the stock dropped to $64 per share. Another shady trader was Congressman Jim Moran, who had his biggest trading day of the year days after the secret meeting, sellings stock in nearly 100 different companies.
These actions would be illegal for any American in any other circumstance, but members of Congress and high-ranking government officials are actually exempt from insider trading laws.
Years later, a 60 minutes investigation aired on television which highlighted the government’s deep history of insider trading. The investigation sparked outrage, prompting Congress to pass “the STOCK Act” which was said to hold members of the government to the same standards as any American when it came to insider trading.
However, Congress watered down the bill and changed key elements that would hold them accountable, allowing them to return to business as usual, and escape any consequences for their prior crimes.
How banks lure you into debt – and how they control the world through debt – from a whistle blower
The Lost Science of Money – Wars Are Won By Bankers, Not Armies
The Lost Science of Money: The Mythology of Money – The Story of Power
by Stephen Zarlinga
American Monetary Institute (2002)
Book Review
This book, by co-author of Congressman Dennis Kucinich’s HR 2990 to abolish the Federal Reserve (see HR2990: Historic Bill to Abolish the Federal Reserve), is one of the most amazing books I’ve ever read. At 775 pages, the lowest price I could find for a used copy was $225 from Alibris. Fortunately it’s also available in PDF format at Lost Science of Money
It’s clear from Zarlenga’s extensive documentation and footnotes that the research for this book took decades. He essentially rewrites western history dating back to the ancient Sumerians. His goal is to expose and correct all the distortions and myths introduced into official history historians in the pay of merchants and bankers. Both are fiercely committed to perpetuating our current global monetary system in…
View original post 616 more words
$2.3 mill for a banker’s advice on selling our State houses? See what else your Govt (corporation) has spent your tax money on Kiwis
Thanks to Phil Yorke for this well researched information. (For interest, I have added news links & images to some of the info, you can google any others for yourself).
“While this Government won’t do a thing to fix our housing crisis, (other than paying for beneficiaries to live in short term motels at a cost of $22 million in 7 months) we are blowing $53m to build a pavilion in Dubai to try and help the dairy industry whose product is currently polluting our rivers. Here is a refresh on what the National Govt thinks is more important than the citizens of New Zealand.
Ok, so over the last eight years what have John Key and the National Govt with the help of their supporters club (IE Maori Party, Act and Dunne) really done for the people of New Zealand?
Panama Papers, tax havens , blind trusts, out of control immigration, the under funding of hospitals, schools and all other social services of New Zealand under the guise of privatisation.
New Zealanders unable to buy there own homes, 305,000 children and their families in poverty and rising,
Over 42,000 People homeless and on the rise,
New Zealanders living in cars – garages – sheds – caravans.
Granting of permits for the exploration of oil and gas in our marine sanctuaries, the selling of nearly all of New Zealand’s assets, overseas investors buying up Housing – farms – islands etc of New Zealand, Saudi sheep farmer bribes, New Zealand in over $111 billion international debt, continued broken promises including the Pike River tragedy and many others to the people of New Zealand.
A water contamination crisis,
Importation of cheap steel from China,
Tppa costs we know of; Foreign Affairs & Trade Ministry spent over $4M on travel, several ministries were involved. This excludes Grosser’s and McLay’s costs for accommodation, meals, taxis. John Campbell suggests this is only a fraction of the costs as the OIA only gave a few of the costs. $900,000 accommodation, $800,000 meals plus taxis etc. No costs are available for any other Ministry and these are only part costs for Tim Grosser’s Ministry.
I have compiled a small list researched from Newspapers and other media outlets, including Parliament TV, of what John Key and this National Govt believe are priorities over the people of New Zealand.
$260,000 Digital sign inside MBIE (Ministry of Business Innovation & Employment)
$70,000 for a sign outside MBIE.
$380,000 new furniture for MBIE.
$140,000 sundeck for MBIE.
$24,000 fridge for MBIE.
$400 for hair straighteners for MBIE.
$78,000 two doors for parliament.
$363,000 for govt agencies to watch sky tv.
$4000 for a sign for Steven Joyce opening MBIE new building.
MBIE spent $38.9 million on external contractors and consultants
$4000 for a sign Paula Bennett’s office.
$600,000 spent on flowers by National.
$1200 taxi fares.
$4000 a night in hotels.
$80,000 for Grosser’s party in Washington
$17 million paid to a US yacht club.
$11 million paid to a Saudi sheep farmer.
$30 million tax cut for Warner bros.
$30 million tax cut for Rio Tinto.
$6 Billion NOT paid By National in to NZ super fund as part of Govt’s contribution SINCE 2008.
$4 billion tax taken from New Zealand’s super fund.
$200 million invested and lost by our superfund in an overseas bank that was under investigation for fraud before the money was invested.
$2.3 million paid to a banker to give advice to HNZ on how to sell HNZ homes.
Taxpayer paying for beneficiaries to live in short term motels at a cost of $22 million in 7 months.
$700,000 in legal fees fighting a compensation case over abuse that happened in state care.
$45 million bail out media works.
$29 million Social bond program.
$45 million Nova pay.
$27 million paid for a flag referendum that 67% of New Zealanders did not want.
$1.7 Billion bail out SCF.
$200 million lost from buying junk carbon credits.
$6.2 million spent by National for a apartment for one in Hawaii.
$11 million spent by National for an apartment for one in New York.
$86 million to produce new currency that is uncounterfeitable… which has been counterfeited!
$20 Billion NZDF.
$6.4 million spent for new BMWs for ministers.
Ever wondered what happened to asset sale money? That’s despite Finance Minister Bill English promising in 2011 that all revenue from the sales would be put in a Future Investment Fund to pay for “schools, hospitals, roads, rail and public transport”. Money used from asset sales … one big ticket item is our membership to the Asian Infrastructure Investment Bank which was funded as part of this year’s Budget and came in at a cost of $144M.
Another bank membership has also been paid for out of the fund. In 2014, the fund was used to pay $23 million for a subscription to the World Bank.
Computer programme for ministers.
Some of the cash was also splashed on the Prime Minister and Cabinet with investment into a document management project, Cabinet, which received $2.6M in 2012 and a further $1.8M in 2014 — a total of $4.4M.
Doing up Government House
In all, $500,000 was also allocated to the Prime Minister and Cabinet to be spent on a new Visitor Centre at Government House in 2012.
This is just a small part of the total failure of this National Govt in its responsibilities to the citizens of New Zealand and would be called corruption in other countries,
Researched by Phil Yorke
EnvirowatchRangitikei
CONFIRMED. Loans, Mortgages are created out of thin air by the Banks, & YOU pay interest on them Kiwis … from NZ’s Seven Sharp
We’ve posted this before but it always bears repeating every so often. A reminder of your need to research everything. Research the Rothschild banking system. The City of London. The New World Order (that isn’t conspiracy it’s been talked about regularly by various world ‘leaders’). Check out our Money Trail & Banking pages at the main menu.
EnvirowatchRangitikei
Published on Sep 23, 2013
This stunning news clip from New Zealand TV station ‘Seven Sharp’ confirms the revelations shared by ‘The Money Masters’ and other such pioneering thinkers and researchers who have long sought to bring forward the truth about how money works. The is as stunning as it is simple: whenever you apply for a loan or a mortgage THE BANK YOU APPLIED TO CREATES THE MONEY OUT OF NOTHING. It is not lent to you from the banks’ holdings, it is not borrowed from other accounts. It simply is entered into a bank account digitally and from that day forth you are contractually responsible for paying back the created money PLUS all the interest that accrues. This fiat currency is destroying the confidence, trust, and agreements that we hold with one another and with merchants on a daily basis by corrupting the medium of exchange that we all collectively agree to use.
Many will go on to expound the details of promissory notes, double entry bookkeeping and all sorts of other confusing details, but it is essential that this video or the source for it at Seven Sharp should be shared with every one you know. Please, take 5 minutes now to share this video and explain why it is so important that everyone knows that the banks are hoodwinking the people and it does not need to be this way any more. For more on how we can achieve a fair financial policy of interest-free currency, see the Writ of Mandamus article here
From Russ Mcgarry – YT Channel: “The banks have lied, under common law, all contracts must have transparency, must have full disclosure,and last but not least,equal consideration,,,, please check out ,, getoutofdebtfree on google, great site, great people, great information, peace.”
Rothschild´s IMF: How the Elite Can Rob Us Untaxed and Unpunished – and Accuse Others of Corruption
All animals are equal – but some are more equal than others /George Orwell, Animal Farm)
Active Post 25 May 2016: The Anonymous hacker group has recently taken offline the World Bank, the New York Stock Exchange, five U.S. Federal Reserve Banks and the Vatican.
Anonymous´s press release explained the intention behind the operation:
We would just like to make it very clear that all targets of #OpIcarus have beenRothschild and BIS central owned banks.
The banks have been getting away with murder, fraud, conspiracy, war profiteering, money laundering for terrorists and drug cartels, have put millions of people out on the street without food or shelter and have successfully bought all our governments to help keep us silenced. We represent the voice of the voiceless. Anonymous has now taken down some of the most prestigious institutions in global governance.
Veterans Today 14 May 2016: Bribery and corruption cost the world economy as much as US$2 trillion every year. A new report by the International Monetary Fund says the money lost to corruption every year is 2% of the global GDP.
The IMF was formed alongside with the World Bank at the Bretton Woods conference 1944. The IMF is to regulate international economies and payment settlements. It is tasked with developing the one world currency (see comments)- the so-called Special Drawing Rights – SDR
The IMF is owned by Rothschild and 30-40 additional (Jewish) families. Of course, 51% of the IMF is owned by the US Treasury – but that is also under Rothschild control!
When it comes to corruption, IMF´s chief Christine Lagarde is on her homeground: The Guardian 17 Dec. 2015 Christine Lagarde, managing director of the International Monetary Fund, is to stand trial in France over a multimillion-euro government payment to a controversial tycoon who supported former president Nicolas Sarkozy.
Lagarde, at the time Sarkozy’s finance minister, referred the long-running case to arbitration and signed off the payout.
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FROM THE ARTICLE:
Here are some of the things the IMF gets immunity from according to their Articles of Agreement:
Section 3. Immunity from judicial process
The Fund, its property and its assets, wherever located and by whomsoever held, shall enjoy immunity from every form of judicial process except to the extent that it expressly waives its immunity for the purpose of any proceedings or by the terms of any contract.
Section 4. Immunity from other action
Property and assets of the Fund, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation, or any other form of seizure by executive or legislative action.
Section 5. Immunity of archives
The archives of the Fund shall be inviolable.
Read the rest at the article link
What happens to all the Bank bailout money? You’ll be surprized … ‘The Secret Bank Bailout’ German TV Award 2013
Published on Nov 11, 2014
50 billion euros in Greece, 70 billion euros in Ireland, 40 billion euros in Spain – one Euro-country after another is forced to support its banks with huge sums of money in order to equalize the losses incurred by money worldwide from bad loans. But where do the billions go anyway? Who are the beneficiaries? With this simple question the award-winning business journalist and nonfiction author Harald Schumann travels across Europe and gets surprising answers.
The rescued are not in the poorer Euro states – unlike commonly believed – but mainly in Germany and France. A large part of the money ends up with the creditors of the banks that want to be saved or must be saved. And although these investors have obviously made bad investments, they are – against all logic of the free market economy – protected at the expense of the general public against any losses. Why? Who gets the money? Actually, simple questions, but that regard the core of European identity. Maybe the most passionate film on the banking crisis.
We also recommend the second documentary about the Euro-crisis by Arpad Bondy and Harald Schumann, “The Trail of the Troika”. You can watch here on our channel: http://youtu.be/BLB3uu1IXM0
Subscribe to wocomoDOCS for more documentaries in full length:
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Check out our Banking/Money Trail pages to see what a scam the whole banking system is. Search categories for similar articles. EnvirowatchRangitikei
Aussie land grab by Rabobank – this is Agenda 21/30 aka ‘Sustainable Development’ in full flight – learn about this UN plan to inventory & control literally everything – be warned
“…Agenda 21 is a UN action plan implemented worldwide to inventory and control all land, all water, all minerals, all plants, all animals, all construction, all means of production, all energy, all education, all information, and all human beings in the world” Rosa Koire
Here is an example of UN Agenda 21 and ‘sustainable development’ in action (now known as Agenda 2030 as time moves on). On the surface it looks legitimate … however as Rosa Koire points out (see her video, link further down) it is a covert plan to inventory and control everything you hold dear including yourself & your freedoms. Before you conveniently write this off as ‘conspiracy’, research it for yourself.
As this plan works out in this example (and there are many others like them) the cabal with their banking cohorts engage people with unrepayable predatory loans engineered with a mix of raised interest rates & other manipulative tactics until deep in debt they are driven off their land. While all due respect & sympathy goes out to these unsuspecting farmers (because they didn’t fully realize who and what they were up against with the banking system and their predatory loans) this is the treatment indigenous people, and particularly Australian indigenous, have endured for centuries. Content to live on the land, not rape and pillage it as do the corporations, and with great respect take from it only what they needed, they were trammeled underfoot in the name of ‘progress’ (aka greed of the few). The point is, the same greed for land by those who sought it in colonial days, goes on today & here it is in full flight (and I’m not referring to the average colonial folk back then who simply wanted to survive, oft times driven from their own lands by the same greed witness Scotland and Ireland). Read Who Owns the World? by Kevin Cahill (his lectures are also on Youtube) for an exposé on the deception we’ve been fed about that.
Our respective countries’ governments are corporations (NZ), our local governments are corporations/companies also and democracy is rapidly becoming an illusion witness the battles folk are having with their District Councils and rates wars. (See all our Local Govt Watch pages at the main menu). Companies exist for profits not people and are fast becoming the means of the new world order (talked about frequently now) to acquire ownership of the entire planet … ownership and control is the real agenda. Check out our Agenda 21 pages for more information on that and hear from others who have endured the same as these people here … from those who have seen this outworking in the paperwork of their respective businesses and professions like a US woman Rosa Koire did. See also our Banking pages. There’s an agenda going down that is covert but becoming more overt by the day. These bully boys have always employed the military & the long arm of the law to achieve what they could not by ‘friendliness’ and deception (see Dr Hirini Moko Mead on the *three phases of colonization). Witness the various land wars in the colonized countries, in our own (NZ), a means of acquiring land from non-sellers. Government legislated War &/or confiscation was the modus operandi. People need to wake up what is going down right under their noses. There is a new wave of land grabbing in progress right now.
For further information on this issue in Australia see this Youtube channel. And to read about the NZ man from whose bank account the ANZ took $5400 to pay his rates go here. (He withheld payment for good reason, read the full story here). See also our Corporations pages.
EnvirowatchRangitikei
*Landmarks, Visions and Bridges by Dr Hirini Moko Mead
Published on Feb 22, 2017
Netherlands-based bank Rabobank with the aid of an armada of government-paid enforcers arriving in government vehicles along with grubby receivers Ferrier Hodgson heavied Noeline Bradshaw and her son Neil to get off their cattle property, Ballabay north of Pentland. Noelene and Neil were arrested by several violent officers and marched off to the paddy wagon. Although the receivers and Rabobank representatives indicated they would go to the negotiating table after a court appearance on Thursday, in order to avoid a welcoming party at the property they did not arrive on Monday February 20 as they had indicated. Instead they arrived in military style on Wednesday, with enforcers blocking the entry road and threatening any media or supporters with arrest if they tried to enter. Ferrier Hodgson were supposed to remove the family on “voluntary terms” as they had suggested. It appears they did not wish to have any other parties present when removing the entire family. Neil Bradshaw owns cattle on the property that are not mortgaged to Rabobank. He previously circulated descriptions and brands of his cattle to all livestock agents and meatworks warning them not to deal with the cattle.
This sorry saga of a foreign bank dispossessing honest, hard-working Australians from their properties is completely sanctioned by the LNP and Labor Party. Bank industry sources believe Rabobank is acting in league with coal and gas companies to remove land holders in order to easily access known coal and gas reserves in the Pentland district.
“Rabobank will have token buyers lined up ready to buy the properties at discounted prices, leaving the Bradshaws holding the bag with a $1 million or more deficit, which without any means of income they will never be able to pay off,” the source said.
Yesterday Member for Kennedy Bob Katter weighed into this disgraceful episode, contacting the Labor Polce Minister(whose husband is a police inspector) then arriving at the Charters Towers police station to get the Bradshaws out of the watch house.
He was told the Bradshaws had been released just before he arrived. The clearly upset Bob Katter told Cairns News that the lending practices of the banks are designed to allow foreclosures.
“In this case the bank loaned the family too much money because of droughts and poor cattle prices then the government-instigated live cattle export ban which placed them in an unviable position,” he said. “The banks are a law unto themselves and there is no power on earth to control them. “I have got hundreds of similar cases on file where farmers have not been able to get any relief from any of the so-called government watchdogs like ACCC, courts, the Reserve Bank ASIC and others that are supposed to offer financially stressed businesses relief. “Banks like Rabobank continue to flagrantly break the law. “The Bradshaws are devastated after a lifetime’s work to lose their possessions to a foreign bank or any bank. “The bank will make a profit of half a million or more from these seizures and the Bradshaws will have to carry a $1 million or more debt for the rest of their lives. “This assault on an Australian farming family clearly demonstrates the urgent need for a Royal Commission into banking practices.”
Published on Feb 3, 2013
Ann Bressington Exposes Agenda 21, Club of Rome, Sustainable Development, at the Lord Monckton Launch 2 Feb 2013 at the Adelaide Convention Centre.
More smoke and mirrors from the halls of Parliament … Welfare benefits are now termed “addictive” … the new rationale for quietly dismantling NZ’s welfare state (Pt 1)
The latest spin from the powers that be, all about seeking work & not being addicted to welfare. Indeed welfare benefits carry a serious health warning reports the NZ Herald!
Doctors have been told that putting patients on welfare is akin to putting them on “an addictive debilitating drug … not dissimilar to smoking” (NZ Herald 16/7/2016)
What planet are these guys are living on!? A corporation parading as a government that fails to concede we have a homelessness crisis also wants to blame unemployed for not working when basically there are no jobs (with nary a mention of course of the tax dodging multi national corporations)! They will cite figures about unemployment being down but the figures proffered are dodgy at the very least.
Classic case of smoke and mirrors basically where the victim is blamed for the crime. Shifting the focus off the facts … high unemployment (remember pre neo-liberal policies we had FULL employment & guess who borrowed us into debt?) their own mismanagement of the public funds ($200 mill Kiwisaver funds lost to a Portuguese bank plus $6+ mill spent on an unnecessary Hawaiian mansion) and a preference for pleasing the corporates … and onto blaming folks for having neither work nor in many cases a home.
As we hear more frequently about suicides and/or attempted suicides (highest since records kept) as we see increasing numbers of people living in cars and garages and on the street, with 33,000 ghost houses sitting empty in Auckland, thanks in part to Key’s delectable tax haven, the rich enjoy a pitiful 2.8% tax on their obscenely large salaries while the minimum wage cleaner gets taxed an equally obscene 28%, almost ONE THIRD of their income! Consider also, if the latter work two jobs to survive they are secondarily taxed as well.
Consider also, this is a govt/corporation that is forcing people with cancer and undergoing chemotherapy even, to look for work. Most will know chemo seldom works and makes us feel extremely unwell while it’s being administered. These are the depths to which this government/corporation has sunk.
Now they’ve flogged off those P contaminated state homes (and the state housing corporation was making money) many of which just happened to sit on prime real estate, they want to rip out the net completely & vilify the jobless for not working. They are quietly dismantling the welfare state, capitalism’s essential safety net, the kindly (?) human face, and replacing it with a tax haven for the super rich … and us? We can go eat cake.
Serious times folks. Check out Agenda 21/2030. Corporations owe their first legal allegiance to their shareholders. The illusion of a democracy is all we have now. Time for change!
Read Part 2
Thank you to Frances Louis, Rotorua mayoral candidate who drew this issue to my attention.
For more related info & links search categories (at left of any page).
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RELATED
Work and Income Sent Families to Garages
Centre for Welfare Reform report, by George Faulkner, 14 April 2016: In the Expectation of Recovery: misleading medical research and welfare reform
Welfare Group Warns Thousands Will Suffer After Changes
Neoliberalism is a species of fascism
For those who’ve been reading the writing on the wall our little down under paradise is becoming more fascist by the day. You need to look a little deeper than mainstream however. It’s there though & it’s come in tiny increments. Keep watching.
EnvirowatchRangitikei
by Manuela Cadelli, President of the Magistrates’ Union of Belgium, via Defend Democracy
The time for rhetorical reservations is over. Things have to be called by their name to make it possible for a co-ordinated democratic reaction to be initiated, above all in the public services.
Liberalism was a doctrine derived from the philosophy of Enlightenment, at once political and economic, which aimed at imposing on the state the necessary distance for ensuring respect for liberties and the coming of democratic emancipation. It was the motor for the arrival, and the continuing progress, of Western democracies.
Neoliberalism is a form of economism in our day that strikes at every moment at every sector of our community. It is a form of extremism.
Fascism may be defined as the subordination of every part of the State to a totalitarian and nihilistic ideology.
I argue that neoliberalism is a species of fascism…
View original post 1,102 more words
The Real Reason Your Rural Banks are Closing Kiwis – It’s Not Lack of Funds
Reports in August last year (2016) told us that in spite of $1 billion Profit, Westpac was still looking to close 19
rural Branches. So it isn’t because they’re not making money. Same scenario with Housing NZ. Those homes are being hocked off by the thousands currently, not because they are an encumbrance, in fact the Housing Corporation is/was running at a profit. Cast your eye back to the late ’80s and the new Neoliberal rip-off economy that promised us they were working smarter amidst a whole palaver about restructuring aka structural adjustment that seemed to mysteriously only affect the workers and equally as mysteriously fatten the purses of the already wealthy. The gap is getting wider, watch.
These closures began back in the aforementioned late ’80s when banks, hospitals, pharmacies, postal, transport and medical services and so on, collapsed slowly, one by one, like a house of cards. Folks at the time put up a huge fight to retain these services and were successful for a time, however, they eventually closed. The seemingly inevitable. And back then, like now, they were simply decisions from the top echelon in Wellington – economic priorities, not inevitabilities at all. And slowly, as was the intended effect, folks drifted to the cities in order to support themselves and their families. Kiwis are resourceful and not lazy like the current regime would have you believe. We had full employment before the new banking/corporate government took control.
If you would like to know the agenda behind those decisions you need to look at the UN Long Term Plan, called specifically Agenda 21 and Agenda 2030. It is very long hence few will have read it. However there are many commentaries/exposes/critiques of it online fortunately, by those who have read it cover to cover, notable people like ex Aussie politician, Anne Bressington. Watch her video at the link. This is the forward thinking plan that superficially looks great and touts sustainability and global cooperation. Be assured it is everything but. Look now at our District Councils, our Local Governing bodies and see how they flout the term sustainability (in practice that is). Their websites however have all the right spin. People are now waking up to the fact and the reality that our nation is being in fact, severely polluted to the extent we can only swim safely in 40% of our rivers.
And so in line with this change of regime that has been creeping on us since the late ’80s
and Rogernomics, the closure of facilities in rural areas is designed to drive us to the cities. Friends tell me their rates in the rural towns are far dearer than city rates … with less amenities. If you take the time to research Agenda 21/30 you will see the long term plan – in short – is for us to live in high rise city apartments and riding bicycles for transport. That is the general shift that is in motion.
For a local expose of the plan visit our Agenda 21/30 in NZ pages … Dr Naomi Jacobs has written an ebook about it (downloadable from that page), triggered by the rising rates scenario (an increasingly familiar theme) in Kaipara in the North. No this is not conspiracy theory, it is a documented UN Agenda fact. You owe it to yourself to read it. It concerns you & your descendants.
RELATED:
Westpac looking to close 19 rural branches – union
Elderly face 180km journey if bank closes
See our Agenda 21/30 and Money/Banking pages for more info & links, &/or search categories for further related articles (at left of any page).
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See how a mere handful of powerful banking families in London control what the world reads
John Swinton (1830-1901) was the chief editorial journalist at the New York Times from 1860 to 1870 and for the New York Sun from 1875-1897. In 1880 while as a guest of honour at a banquet of leading journalists , he was offered a ‘toast to the independent press’ and he outraged his colleagues by replying:
“There is no such thing, at this state of the world’s history, in America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinion out of the paper I am connected with. Others of you are paid similar salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of my paper, before twenty-four hours, my occupation would be gone. The business of the journalists is to destroy the truth, to lie outright, to pervert, to vilify, to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it, and what folly is this toasting an independent press? We are tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities and our lives are all the property of other men. We are intellectual prostitutes”.
I’ve always referred to mainstream media as whore media, guess I’m not alone in that. This speech did surprise me however as I’d thought the ‘fawning at the feet of mammon’ was a more recent development. This concept is most certainly a major one to grasp in sorting through the information we are bombarded with daily. The long arms of these moneyed controllers are corporations and they’ve weaseled their way into practically every nation on earth. They plan to solidify that influence via the TPPA.
Remember too your PM is an ex (?) banker Kiwis … join the dots.
Check out our Banking (under Money Trail) and Corporation pages. ‘The Corporation’ movie is a must watch, there on the Corporation page.
EnvirowatchRangitikei
Every year the IRD identifies about $1.2 BILLION in fraud committed by NZ business people … and Welfare fraud? … $30 million
From Bryan Bruce:
“Every year the IRD identifies about $1.2 BILLION [fraud]committed by NZ business people .
Yes..EVERY year.
It discovers around $30 million in welfare fraud (tiny by comparison)
Yet , as Dr Marriott discovered – welfare fraudsters are far more likely to be sent to prison than white collar criminals.” Remember our PM is a banker … our country has been heisted by corporate money interests & our welfare state is seriously in demise, thanks to the aforementioned!”
Tax Fraud Vs Welfare Fraud
I’m on the board of the Bruce Jesson Foundation which supports investigative journalism and each year funds a lecture on some aspect of society.
This year’s lecture was by Dr Lisa Marriott from Victoria University Business School on her investigation into how and why white collar tax fraud is treated far more leniently than welfare fraud.
The size of the problem?
Every year the IRD identifies about $1.2 BILLION committed by NZ business people .
Yes..EVERY year.
It discovers around $30 million in welfare fraud (tiny by comparison)
Yet , as Dr Marriott discovered – welfare fraudsters are far more likely to be sent to prison than white collar criminals.
You can find her lecture here by clicking here (or watch below):
If you would like to support the work of the Bruce Jesson foundation you can also find the details on the site
Published on Oct 25, 2016
Why are those less advantaged in New Zealand society treated differently from those who are in relatively privileged positions? Why are white-collar tax evaders treated differently to welfare fraudsters? In the Annual Jesson Lecture in Politics for 2016, Dr Lisa Marriott considers the circumstances where this occurs, aiming to highlight and challenge issues of equity, privilege, and the construction of crime and criminals in New Zealand.
Check out our Banking pages, also Corporation pages for related information, or search ‘categories’ at left of any page. Remember these facts when next you see the mainstream media bashing beneficiaries or the poor. It’s an age old tactic … and remember also who owns the media.
EnvirowatchRangitikei
Death by Medicine – Gary Null’s Exposé of a Broken & Corrupted Medical System
Learn about the death of natural healing treatments and the true history of current medicine, how very much it is centered on profits. This history will shock you and indeed join up some dots that by themselves are not making sense. We can fly to the moon presumably but we can’t cure cancer? Our era is one of gross dishonesty and deceit. There are many cures for cancer, unbelievable as that may seem. You owe it to yourself & loved ones to at least research the evidence and there is plenty, not by quacks but by certified health professionals including medical doctors.
EnvirowatchRangitikei
Published on Oct 23, 2015
Death By Medicine takes a hard examination at the dominant medical paradigm contributing to America’s health crisis. Based on Gary Null’s ground breaking book on the hundreds of thousands of injuries and deaths caused by conventional medicine, the documentary looks at the medical industrial complex, the pharmaceutical industry’s usurpation of the nation’s medical schools, research, falsified drug clinical trials, peer reviewed scientific journals, and the complicity of federal health agencies to permit this to happen. The result is a medical system unfounded on sound science. Why is there a lack of oversight by government regulatory agencies and private interest lobbyists call the shots for national healthcare? From FDA and FBI raids on cherry and dairy farmers to the halls of Congress, we witness the hostile attack on the natural health industry. We witness what happens when a mercenary healthcare system and the failures of a just and fair healthcare policy leaves the US as the 37th healthcare system in the world. The result is the American medical system is broken and corrupted by money rather than scientific fact, and the answer is to create a new medical paradigm that addresses the health of people rather than raising of stock prices, careers and reputations.
Search ‘categories’ (left of any page) for more related articles, plus check out our health & cancer pages. Share & spread the word.
Who Ruined NZ & Why – ‘Someone Else’s Country’
No it wasn’t some unfortunate slip of responsibility or some such. It was planned. We went from full employment & thriving small towns with all facilities, to the rule of the super rich and corporations and the demise of democracy, both locally and nationally. You need to fight this with all your might at your local level. Watch & see how it all happened. EnvirowatchRangitikei
Someone Else’s Country full documentary
from Alister Barry
“The neoliberal revolution in New Zealand. In the early 1980s a group of free market economists came to dominate policy at the New Zealand Treasury. With the election of the Labour Party in 1984 and the appointment of Roger Douglas as finance minister, the new right elite took power and began relentlessly and ruthlessly turning New Zealand into their vision of the model free market state.
“A coherent and comprehensive account of the years which will define this country for a century to come.” New Zealand Herald.”
Check out the Agenda 21, Local Govt Watch and the Money pages & sub pages for further info.
The Hidden Super Rich Families Who are Above the Law and Government
Published on Nov 27, 2014
Discover the truth about the men behind the curtain who own and run the U.S. Government.
These men are totally evil, ruthless, greedy and vicious individuals who will stop at nothing to gain control of the world and the enslavement of us all.
Check out our Money Trail pages, including the sub pages (banking etc) that describe the scam that it all is … where and when it started and the agenda of the wealthy so called ‘elite’.
EnvirowatchRangitikei
Why our state housing stock is being sold off while thousands of Kiwis are homeless
This is a repost of this article. Timely as in HNZ has just announced they’ll be shortly out of funds. No surprizes! Why if these people have degrees in accountancy are they running us into the ground peeps? Do check out the links recommended in the older article here (Agenda 21 and Banking), and read about the new debacle here.
EnvirowatchRangitikei
The Prime Minister John Key announced earlier this year that he intended to sell off 1000 to 2000 of NZ’s state houses. Large numbers of these homes were built by the first Labour government in 1935 and as of 2013 the stock numbered 69,000. That era had marked the birth of our welfare state and the tenants of the first house that was finished and let in 1937, paid just one third of their income in rent. Fifty years later we had the Labour government promising to remain involved in NZ’s housing market, then with the event of Rogernomics and Roger Douglas’s neo liberal economic policies (the new economic ‘experiment’ that benefited those at the top of the capitalist pyramid and launched the ever increasing gap between rich and poor) rents were raised to market rates. Tenants could then apply for a government subsidy called an accommodation benefit, effectively subsidizing the landlords. By 1997, 60 years later, tenants were paying three quarters of their income in rent. The welfare state in NZ, having officially begun with the Social Security Act in 1938 and the state ensuring every New Zealand family had at least a minimum standard of living, was now descending rapidly into an abyss of debt and for many, poverty. We’ve effectively gone from free milk in schools to kids with no lunch at all.
In a recent article by Bryan Bruce, advocate for NZ’s children in poverty, and maker of the documentaries ‘Mind the Gap’ and ‘Inside Child Poverty‘, some interesting questions are raised, questions many New Zealanders have also been asking. Questions like why is the Key government selling off our state housing stock, especially when thousands of families have nowhere to live? NZ is in fact experiencing a housing crisis, described by the Salvation Army as an ‘unfolding social disaster’. On the one hand we have soaring house prices in Auckland that have so inflated the market few can afford them, and on the other, according to Auckland’s City Mission estimates, the numbers of people sleeping rough in Auckland for the year 2013-2014 virtually doubled.
The NZ Parliament website states that a “2013 University of Otago study using 2001 and 2006 Census figures and emergency housing data estimated that 12,900-21,100 dwellings would be needed to house the 2006 severely housing deprived population. These were in addition to housing required to address other forms of need, and underlying demand”.
In total, “An estimated 34,000 people, or about one in every 120 New Zealanders, were unable to access housing” in that year (University of Otago Monday, 23 September 2013).
“A nation’s greatness is measured by how it treats its weakest members.”
~ Mahatma Ghandi
Now it gets interesting. The usual rationale proffered for asset sales since they began with Rogernomics, have been ‘to get us out of debt’ or ‘save us money’, giving the impression they are no longer breaking even let alone making a profit. Bruce however reveals that the HNZ corporation has in fact been making a very healthy profit (links in his article). Clearly it would be more prudent to keep this asset.
Further facts Bruce highlights are:
- the housing stock is worth $18 billion
- the operating surplus for 2013 was $121 million
- the same year it returned a $90 million profit
- the previous two years’ profit were $76 and $68 million
- profits have increased significantly under the National government
Bruce raises questions like, where did those profits go? Why have they not reinvested the profits into the housing stock? Why sell housing stock in the regions when they are presumably encouraging folks to move to the regions? (Agenda 21 maybe? … the real plan for UN’s Agenda 21 aka Sustainable Development is to have populations relocated out of rural and into urban areas).
You may not be aware of this, but NZ is a corporation. Our country is listed on the Securities and Exchange Commission website as a corporation under the name of Her Majesty Queen Elizabeth. Most will be aware that corporations are required to turn a profit … to maximize profits is their legal mandate. They are not about, nor are they required to be about the welfare of people. (Watch two minute movie trailer for ‘The Corporation’ below).
So as our corporation steams along at full speed, rapidly selling off both our country and its assets, those who head it up are giving us the impression they govern as elected representatives of the people. In a sense they do but their real agenda, their corporate bottom line, is hidden from view. Corporations if you study them, and as the above trailer illustrates quite succinctly, are not required to consider the effects their economic activities have on people. I strongly urge you to watch the full documentary on ‘The Corporation’ page. You will then be joining some dots and making sense of what is really happening in our midst. As long as we remain a corporation, poverty will not disappear. The welfare state has always existed merely to give capitalism a human face. That capitalism is now shamelessly profit driven and the human face is disappearing fast.
Check out the links and see for yourself where and how we are listed on the Securities and Exchange Commission’s website here.
See our Money pages for more info & links, &/or search categories for further related articles (at left of any page).
Please like our FB page &/or follow our blog (right of any page) and do spread the word on all the untruths we have been told!
Other Links:
Government to sell 1000 to 2000 state houses Stuff.co.nz
Housing NZ’s the Problem Newstalk ZB
Government’s state housing sell-off gets stranger Stuff.co.nz
Featured image: “State houses at Arapuni Hydro Works” by Archives New Zealand – State houses at Arapuni Hydro Works. Licensed under CC BY-SA 2.0 via Wikimedia Commons – https://commons.wikimedia.org/wiki/File:State_houses_at_Arapuni_Hydro_Works.jpg#/media/File:State_houses_at_Arapuni_Hydro_Works.jpg
A Goldman Sachs-organised, ‘risk-free’ loan of $200 mill Kiwi Savers’ funds is now LOST after the bank collapses – still trust your government?
Seriously do you still trust your government which really is a corporation, to swan around the planet investing your hard earned cash in foreign banks? A ‘risk-free’ loan TO a bank that’s subsequently crashed … really? Check out our previous articles on Kiwi Saver. This is not the first time things have run amok. Kiwis funds have disappeared from their accounts folks by the thousands. Not a few cents …. thousands of dollars. It’s fast coming time the only safe place to put your hard earned cash is in your sock or under your mattress … sadly. The banks already have the right to hair cut your savings should they go bust (Open Bank Resolution – google it) and it appears they haven’t circulated that information to well because few seem to know about it. Your representatives tax themselves at 2.8% while middle income workers are taxed 28%. See whose nests they are feathering … it isn’t yours.
Time to wake up Kiwis. EnvirowatchRangitikei
Search for other banking articles in ‘categories’ (left side of page).
NZ Super Fund’s $200m loss
Matt Nippert (Herald Business)
(Matt Nippert is a business investigations reporter)
Almost $200 million of taxpayer money invested through the Kiwi Superannuation Fund has been lost after a Portuguese bank where the money was invested, supposedly as a “risk free” loan, collapsed.
The Super Fund, set up with public money to cover partly the retirement costs of baby boomers, has revealed it had been caught up in last year’s collapse of Banco Espirito Santo (BES) and a US$150m (NZ$198m) investment made in July had been completely wiped out.
The investment was a contribution to a Goldman Sachs-organised loan to the Portuguese bank, but only weeks after the money was injected it imploded, with president and founder Ricardo Salgado arrested as part of a criminal investigation into tax evasion.
After disclosing billions of Euros in losses, and facing a run on funds by depositors, the bank collapsed in a heap and was broken up in August.
Goldman Sachs, described by Rolling Stone as “the great vampire squid” for their sharp business practices in the run-up to the global financial crisis, today said it would “pursue all appropriate legal remedies without delay” in an attempt to recover the loans to BES.
READ MORE: http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11404653&ref=NZH_FBpage
Where Your Asset Sales Money Went Kiwis
Where did the asset sales money go? The slush fund pretty much according to Winston Peters … not where Bill English said it would go:
“The fund will provide New Zealanders with better public assets, such as modern schools, hospitals, roads, rail and public transport without increasing the debt burden on future generations” Bill English, Finance Minister 2012
This sounds like a cruel joke in light of current events. Pollution is so rife (thinking the honourable minister’s “future generations” statement) wild food is now so poisoned it’s largely inedible, waters we can only wade in, and hospitals, roads, rail etc have never been worse! I heard recently of a person who lay for literally hours in a cold corridor in one of our hospitals’ A&E (known as ED elsewhere) crying out for the toilet, too sick to get up, who got a round telling off when she soiled the bed! Waits in there currently can be many many hours. Still according to the minister, who doubtless on his salary can afford private insurance, membership fees for the IMF is far more important, to the tune of $23 million*. Remember this image? So why ever would Bill & his colleagues want us to prosper?
*(A fellow blogger tells me the IMF cost is FACTA legislation and should have been paid for by the US government as it is their legislation, read about FACTA at her blog here).
Proceeds from National’s state asset sell-off is being used to cover all sorts of costs like the TVNZ video archive, membership of an Asian bank and a visitor centre at Government House.
That’s despite Finance Minister Bill English promising in 2011 that all revenue from the sales would be put in a Future Investment Fund to pay for “schools, hospitals, roads, rail and public transport”.
But the latest breakdown of the fund’s expenditure shows just 55 percent of the spending fits that brief.
So what happened to the money?
Asian Infrastructure Investment Bank
One big ticket item is our membership to the Asian Infrastructure Investment Bank which was funded as part of this year’s Budget and came in at a cost of $144M.
World Bank
Another bank membership has also been paid for out of the fund. In 2014, the fund was used to pay $23 million for a subscription to the World Bank.
Computer programme for ministers
Some of the cash was also splashed on the Prime Minister and Cabinet with investment into a document management project, CABnet, which received $2.6M in 2012 and a further $1.8M in 2014 — a total of $4.4M.
Doing up Government House
In all, $500,000 was also allocated to the Prime Minister and Cabinet to be spent on a new Visitor Centre at Government House in 2012.
Miscellaneous
Modernising the War Pensions Act 1954 and the Foreign Account Tax Compliance Act was allocated $6M.
Read More:
http://www.newshub.co.nz/politics/asset-sales-cash-used-as-govt-slush-fund–peters-2016060713
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The Housing Crisis: A Midwife Delivering Babies by the Light of Her Cell Phone
With Banker Key in denial about the housing crisis (41,000 homeless isn’t a crisis?), a multitude of ‘pass the buck’ reasons for why we’re a bit short of roofs over heads (Labour’s fault, you know, that other rider of the same corporate horse) … and a midwife delivering babies in squalor by the light of her cell phone. It’s sounding more and more like Dickensian England.
Welcome to Paradise in the South Seas, GE free, nuclear free and clean and green to boot.
EnvirowatchRangitikei
Mr Key (who grew up in a state house like the ones he is now selling off en mass) owns tens of millions of dollars’ worth of property, including his family home in Parnell, two holiday homes, an office and an apartment in London.
John Key blames Helen Clark for housing crisis
A midwife is expected to tell how she’s had to deliver babies at night by the light of her cellphone at the cross-party inquiry into homelessness.
The inquiry, set up by Labour, the Greens and the Maori Pary, is in Tauranga on Monday. The Government blocked efforts to open an official investigation into the crisis, which is at record levels according to both research and social agencies like the Salvation Army.
“In her submission she talks about delivering babies by the light of her cellphone in squalid houses that don’t have any electricity,” Labour housing spokesperson Phil Twyford told Paul Henry.
Labour wants a state of emergency declared over the housing crisis, particularly in Auckland where prices are at record highs and still rising.
Prime Minister John Key says that won’t happen, and the housing crisis – if it is one – is not his fault.
“Under the nine years that Helen was Prime Minister, my friend, nationally house prices went up 102 percent. Under us in eight years, they’ve gone up 43. In Auckland they went up 87 percent I think – under us it’s about the same,” he said.
“If it was a state of emergency now, a crisis now, why wasn’t it a state of emergency and a crisis then?”
RELATED:
Why Our State Housing Stock is Being Sold Off While Thousands of Kiwis are Homeless
See our Agenda 21/30 pages for more info & links on where Key is taking us, &/or search categories for further housing articles (at left of any page).
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KiwiSavers invest in cluster bomb, land mine manufacturers
The subject of Kiwisaver has certainly raised a lot of questions lately with regard to the investment of funds by our corporation. Likewise have been the questions around our PM’s ongoing alliance with the US war machine. Check this one out!
Hundreds of thousands of KiwiSaver members in government-appointed default schemes may be unknowingly investing in companies making cluster bombs and anti-personnel mines.
Photo: radionz.com
At least five of the nine default KiwiSaver providers invested in these types of companies, despite them being banned by government agencies such as the New Zealand Superannuation Fund and ACC.
The Green Party and Amnesty International say the government must review default providers that have investments in these weapons.
People who sign up to KiwiSaver but do not pick a scheme to enrol in are automatically allocated to one of nine providers hand-picked by the government.
These default providers are ANZ, Westpac, ASB, BNZ, Kiwibank, AMP, Mercer, Grosvenor and Fisher Funds.
More than 500,000 people are enrolled in default schemes, according to figures supplied by Inland Revenue.
An investigation by RNZ has found the default funds run by ANZ, Westpac, ASB, AMP and Grosvenor invested in the anti-personnel mine manufacturer Northrop Grumman and nuclear weapon or base operators Fluor Corp, Honeywell International and Lockheed Martin.
Westpac, ASB, BNZ, Grosvenor and AMP also invested in cluster bomb manufacturers General Dynamics and Textron.
The New Zealand Superannuation Fund and ACC are not allowed to invest in any of these companies because of the government’s obligations under international conventions banning the use of these weapons and investment in the companies that make them.
Banker Key’s Corporate Repackaging of War
With the upcoming ‘celebrations’ around the 2016 NZ DIA (NZ Defense Industry Association) Forum being held in Auckland on 16 – 17 November in conjunction with the RNZN 75th Anniversary celebrations, Operation Neptune, I took a peek at their website. You can reserve your spot with cocktails and trimmings for just $10,000.
“The NZ DIA was formed in 1993, as an industry development initiative. Its major emphasis today is on networking, and encouraging the membership to work together on developing joint approaches to defence projects in NZ and overseas”
Right there in the DIA’s mission statement is the strategic use of the word ‘defence’. The corporate bankers have need of war, it’s an integral part of the Rothschild banking empire, however, in order to not be too obvious, they need to sanitize it with ‘nicer’ words. Profiteering from war is no conspiracy but documented fact. Cheney’s Halliburton made $39.5 billion on the Iraq war. My elderly father who fought in one of the World Wars and was fortunate enough to return alive, had worked out that fact later in life … that “wars would never end because wars make money”. His oldest brother, a machine gunner, so deeply affected, he wept whenever he talked about war. So, there on the DIA’s website is the standard tribute of poppies to these brave men who served as basically cannon fodder for the war machine, a machine peopled by those who never spent one minute in trenches and never experienced the terror of combat. Remember Mrs Rothschild’s infamous words… “if my sons did not want war there would be none”.
Returning to the planned forum for November this year, Key’s corporation parading as a government (NZ is a US SEC registered corporation) put out a White Paper that was compiled we are told from the public’s and the academic community’s views, involving over 300 written submissions and meetings around the country. (See White Paper info here also).
I don’t particularly recall the road show, perhaps other readers do. Note the Ministry of Defence administers the Defence Act 1990, the era shortly after our nation became corporatized … courtesy of Rogernomics. Corporations are about profits. We are told in the White Paper that “… terrorism remains an enduring global problem”. Those who do their own research will know that the so called war on terror has been effectively drummed up since the very dodgy 9/11 attack that looked extremely like a controlled demolition. And the current threat to security, ISIS, has equally dodgy origins (watch Truth Media: the Origin of ISIS for more info on that).
The war industry is ticking along quite nicely in Aotearoa with banker Key at the helm, and synchronising equally as nicely with his growing partnership with the US. “The Government” [corporation] says Key, “has provided the Defence Force with a degree of funding certainty [$20 billion] that enables it to plan with confidence out to 2030 and beyond.” [Agenda 2030, see also Agenda 21/2030 in NZ] Download the White Paper and see what Key and Brownlee are spending your $20 billion on. Remember how ‘well’ they’ve managed the Christchurch disaster that they refer to in there. It’s an integral part of defence.
What I find particularly distasteful about this whole affair is the spin. One of my favourite investigative journalists John Pilger, describes their convoluted rhetoric so well in his essay, ‘Arming the World’ (in his book “Hidden Agendas” p 115). Describing the weapons (defence) industry he says: “Refined absurdity is always close at hand in the arms business. It squeezes into bed with secrecy, corruption and stupendous greed”. Asking what a British cluster bomb does (gleaming under “soft backlight, like the latest showroom Jaguar”) he is told they need his request in writing for MOD approval as the information is ‘classified’, the reason for which is also ‘classified’. The cluster bomb, Pilger explains “is not really a bomb at all, but an ‘area denial sub-munition’, a land mine in all but name. It is dropped from the air and explodes into forty-seven little mines, which are shaped like spiders.
These are scattered over a wide area and ‘deny’ life to anything that moves or grows.’ They’ve been found says Pilger, in Bosnia and Croatia where between two and four million mines threaten to main and kill long after the war ends. These salesmen he says, have great difficulty saying words like ‘people’, ‘maim’ and ‘kill’. Describing a cluster bomb’s ‘effectiveness’ he cites the little girl who in a Vietnam village lost her family …‘my mother and father were lying there covered in blood, and my sister … had pieces of metal in her, and so did her doll’.
The corporates know it is wrong, trading in weapons (they’re not averse to supplying both sides), this is why they have difficulty with these words. There is enough of old fashioned conscience there for them to need to cover their wording well, however not enough to stop the killing by curtailing their obscene greed. They are therefore very adept at reframing and repackaging. And so the weapons trade becomes the defence trade. The DIA have produced a video for their site to explain with typical corporate expertise, their modus operandi. Watching it you can almost hear the cash registers ringing (except we’re nearly cashless) complete with the bling of coloured lights as the cutting of steel flashes amidst the wording ‘Defence Industry Association’.
Now if you have any doubt still about the money involved here, check out the pages on the upcoming conference. Cocktails and food depending on your budget.
However, if you’re a bit strapped for cash, there’s always the $5,000 slot … minus accompaniments of cocktails and food.
For a list of members of the NZ DIA go here. You will see Fulton Hogan (that company that liberally sprays your streets and public places with carcinogenic glyphosate) along with Lockheed Martin and others. All proudly members of the Defence/Industry partnership.
And to put the proverbial icing on the cake, there are even awards for improvement to defence industry relationships.
The Award will identify the Defence person or persons who have best contributed to building or improving the Defence/Industry relationship.
The aim of the Award is to publicly recognise good performance in this area and provide the opportunity for the NZ DIA and Defence to promote constructive and collegial relationships between Defence and Industry.
Your PM Key continues to tax himself and friends at 2.8%, continues to profit from your country’s indebtedness and the so called global war on terrorism, and is intent on the TPPA agreement which will give both he and his corporate friends even more control. Let’s face it, he is likely not too interested in changing any of the current status quo.
RELATED:
Banker Key is Quietly Oiling the US War Machine
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Banana Republic: the ugly story behind New Zealand’s most popular fruit
Here is how the corporate world we live in oppresses the vulnerable. (This is why Key & his cronies are for TPPA). Corporations now set up shop wherever there is cheap labour to be found. Six dollars per 18 hour day in this instance! Dole in this instance pays 27 cents in the Philippines per kg of bananas, that then sell for $3-4 per kg in NZ. Vulnerable families who have frequently been deprived of their ancestral lands, as was the case way back when the colonial predators first set foot, are forced to work for the invader who only visits their shores in search of investment opportunities … resources, cheap labour, a chance to make a buck basically. All the colonial claptrap about bringing civilization is just that … corporations owe their first and only allegiance to their shareholders. Human beings who work for them, who buy their goods, are not a consideration at all. Maximize profits is their bottom line. Remember this when you eat your bananas. Speak up & expose these predators for what they are. And spare a thought for the young parents who have little time to give to their families because of this.
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“Corporations are required by law to place the financial interests of their owners above competing interests. They are legally bound to put their bottom line ahead of everything else, even the public good” (Noam Chomsky, ‘The Corporation’).
From Radio NZ
From the top of a rusting observation tower, the leaves stretch out in every direction: thick, glossy, utterly uniform, as far as the eye can see.
It is silent at the centre of the plantation. No birds calling, no hum of insects, only the low whine of planes dumping their loads of pesticide in the distance. Banana bunches wrapped in blue plastic hang like alien egg sacs from the branches. The plantations cover around 10,000 hectares, encircling small villages, networks of roads, and the entire lives of the growers, who work, eat, sleep, live and die among the trees.
She and her team work 15 to 18 hours per day to meet their packing targets of around 800 boxes. For that they are paid 200 pesos, the equivalent of NZ$6.
Francisco B. Milallos, 65, has worked here his whole life, but this season he was too old to be granted a contract. He helps his wife with her work, and today has taken it upon himself to act as guide. Pausing to scuff the ground, he spits, and sweeps out an arm to gesture at the trees.
“So! This is where your bananas come from.”
Filipino workers forced to work 18 hour days, paid as little as 30 cents per hour, constantly exposed to toxic chemicals, and threatened with violence or death when they campaign for better conditions.
READ MORE
“Clean green” NZ massaging the corporate electricity monopoly with an official green light to “kill solar power”
Now wouldn’t you surely want to encourage solar power? After all aren’t we CLEAN AND GREEN here in Aotearoa? Well apparently not. Again we have the Gov/Corporation comfortably in bed with its corporate mates. Like Local Govt is. They all parade around pretending they are democratically elected government bodies acting for we the people when in fact they are each corporations running on the essential maximize profit bottom line. Which is what corporations are about. However the divide is getting wider and the spin less and less credible by the day.
Think about that. Clean Green NZ wants to quash solar power? Do the math, join the dots & see just who is working for you. It’s not JK that’s for real. Remember this come election time.
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Greenpeace
New Zealand’s electricity watchdog is not fit for purpose and is working with big energy companies to destroy the future of rooftop solar power in New Zealand, according to Greenpeace NZ.
Yesterday, the Electricity Authority (EA) ruled that a controversial move by Hawke’s Bay lines company, Unison, to charge its solar users an extra fee was not in breach of any regulations.
The ruling came on the heel of public uproar, which saw formal complaints being laid with the authority, and a petition asking it to protect solar collecting more than 30,000 signatures in just three weeks.
Greenpeace climate campaigner, Simon Boxer, says the ruling now gives lines companies throughout the country the green light to follow Unison and put a tax on solar.
“This is a blatant move by the EA to wash its hands of protecting and promoting renewable energy like solar so that it can continue to massage New Zealand’s electricity monopoly,” he says.
“It’s no secret that the EA isn’t big a fan of solar. In the past it has even publicly advised New Zealanders not to rush into installing it. By giving the nod for Unison to penalise solar, the EA is effectively attempting to kill the uptake of solar in our near future.
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