Monday, April 23, 2012

Neo-Liberalism is a moral and intellectual justification for greed.

The Standard:

'via Blog this'

Genesis boss living it up on your money

WrittenBy:  - Date published:6:48 am, April 24th, 2012 - 5 comments
Categories: capitalismclass warscoundrels
Tags: 
The FYI project and I/S at No Right Turn have uncovered what appears to be massive abuse of expenses by Genesis CEO Albert Brantley, whom we pay $1.2m a year. It puts me in mind of Marie Antoinette. And we know what happened to her. Almost as shocking is the small stuff. Lucky Genesis is subject to the OIA, for now, so this guy could be found out.
krusty burning money

Key ignored advice to hike SkyCity levy

WrittenBy:  - Date published:8:43 am, April 24th, 2012 -3 comments
pokie addict
Since 2004, the government has collected a problem gambling levy from all types of licenced gambling. The levy on SkyCity’s casinos is half what it is on pokies in pubs. In 2010, officials recommended a rebalancing – more on TAB, Lotto, and casinos, less on pub pokies. The Nats picked up the recommendations with one exception – SkyCity’s levy didn’t increase.

Open mike 24/04/2012

WrittenBy:  - Date published:6:00 am, April 24th, 2012 - 27 comments
omt
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to Policy in the banner). Step right up to the mike…

What is neoliberalism?

WrittenBy:  - Date published:1:17 pm, April 23rd, 2012 - 74 comments
fat ceo with all the money
KJT offers a welcome refresher on the dominant economic/political ideology of our time. The one that has lead us to where we are today: Neo-Liberalism is a moral and intellectual justification for greed.A way for those few who accumulate wealth, by impoverishing many, to justify themselves, and keep those they are stealing from docile and compliant.

A society that works for the few doesn’t work

WrittenBy:  - Date published:11:25 am, April 23rd, 2012 - 67 comments
99 percent
This country produces $200 billion of wealth a year. Yet half of adults have incomes less than $29,000 a year. 200,000 kids live in poverty, may in working families. A tiny few – the 1% – pocket the lion’s share. There is no justification. It is bad for society and the economy. Helen Kelly confronts the greed irrational of one rich family, the Talley’s, and how it’s hurting 1,300 poor working families.

Gaming industry whistleblower

WrittenBy:  - Date published:10:21 am, April 23rd, 2012 - 8 comments
whistleblower-thumb
Very interesting article on Stuff yesterday, about ex cop Martin Legge and the information that he has on the practices of the gaming industry in NZ. Someone is trying to sweep this case under the carpet. They shouldn’t get away with it.

The reverse Midas touch: exchange rates

WrittenBy:  - Date published:9:10 am, April 23rd, 2012 - 52 comments
falling-graph-thumb
John Key likes to trade on his experience as a, well, trader. You know, he’s the deal maker. The one to steer us through tough economic times, to get our exports growing. He understands the markets and that knowledge will benefit New Zealand. But, how well has he really done? Let’s start this series close to home for Key: the exchange rate.

Govt case for Crafar sale seriously flawed

WrittenBy:  - Date published:6:32 am, April 23rd, 2012 - 185 comments
aotearoa not for sale big
Fran ‘sell it all’ O’Sullivan says the government’s case for selling Crafar farms “appears robust”. Well, she would say that. But, if you read it, you’ll see they’ve just done a half-arsed, perfunctory attempt to appear to abide by the law as defined by the Court while coming to the same decision on the same offer. It’ll be shot to pieces in Court.

Open mike 23/04/2012

WrittenBy:  - Date published:6:00 am, April 23rd, 2012 - 135 comments
omt
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to Policy in the banner). Step right up to the mike…

Economic genius

No comments:

Post a Comment