Paying Interest On A Loan That Never Existed – TVNZ EXOSED

17 10 2014

In case the title of this video has you somewhat puzzled, might pay to educate yourself and watch the following.

WARNING! What you’re about to watch is DISTURBING and will most probably have your blood pressure go through the roof!!

Might make you think twice about buying a house?? Interesting too – “student loan = slave”


GCSB Bill Passes in NZ

22 08 2013

How will this Bill affect New Zealanders?  How long will it take for the Australian Government to follow suit?

How Australia Can Be Saved From The Government

21 06 2013

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Part Two:

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John Key Massive Corruption Exposed, Alan Hubbard Conspiracy, Paul Carruthers

3 03 2013

Vinny’s NUTShell: Paul Carruthers
It’s been over a year since Alan Hubbard died under suspicious circumstances right before he was set to release evidence in court that implicated John Key and others in a massive defamation campaign and cover up of the truth about Canterbury Finance.

The conspiracy runs much deeper than most people realise, involving Justice Minister Simon Power who later became head of WESTPAC bank that does all the governments banking which incidentally was one of the prime beneficiaries of the SOUTH CANTERBURY FINANCE liquidation!
The media have also been called out with massive suspicion and criticism leveled at Bernard Hickey and Martyn “Bomber” Bradbury for their underhanded cowardly reporting of this story.

Interesting to note is the circumstances of his death, on a 2km stretch of straight road, in his own lane, while stopped, his car was slammed into by another driver who didn’t break until 10 meters before impact! Even then he didn’t die and was reportedly laughing and joking with nurses at Oamaru hospital with easily survivable injuries before he was helicoptered to Dunedin hospital, a 20 minute trip that he did not survive, with an autopsy that was “inconclusive” the details of which will not be released to the public.

This interview should scare and shock every New Zealander to the depths in which this nation has fallen, where people are presumed guilty till proven innocent, if it can happen to Alan Hubbard it can happen to anyone.
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NZ’s financial stability “very worrying” – JB Were

17 09 2012

7:15 PM Monday Sep 17, 2012

New Zealand should be “very worried” about the stability of the country’s financial system and active government support is required to save key regional industries, such as Solid Energy’s Spring Creek coal mine, says a top strategist for Australasian broking house JB Were.

Bernard Doyle, head of strategy in New Zealand, also argues the RBNZ should intervene to drop the value of the kiwi dollar.

Prime Minister John Key dismissed concerns about an unstable financial system as “nonsense”, but Doyle’s comments come at a time of growing concern about the high value of the New Zealand dollar.

“The RBNZ is one of the few central banks running relatively orthodox monetary policy,” said Doyle in a research note. It was a “rarity in the global economy,” with positive interest rates and no policy to print money.

“Unfortunately, in a world where the major central banks are breaking all the rules, this is not an advantage,” he said.

The government should also be willing to support key regional industries, in a move similar to its creation of the nine-day fortnight during the 2008 global financial crisis to assist Fisher & Paykel Appliances, now subject to a Chinese takeover bid, to survive.

“Spring Creek will be an important precedent,” said Doyle. The mine was a major employer and contributor to the fabric of the West Coast economy, while volatile global coal prices make “long production decisions particularly difficult.”

Key said the Cabinet expected a report on Spring Creek from the new Solid Energy chairman, Mark Ford, within a week.

Doyle’s commentary comes one week ahead of the departure of Alan Bollard as governor of the RBNZ, to be replaced by former World Bank managing director Graeme Wheeler, and as opposition parties clamour increasingly for a change in monetary policy settings to ease the high kiwi dollar.

Doyle says the RBNZ has been “playing with a straight bat” on its inflation targeting while the US Federal Reserve prepares to print “an unlimited quantity of money”, the Bank of England is “printing money and providing cheap loans”, and the European Central Bank is “making cheap money available”.

Meanwhile, Asian central banks appeared to be targeting relatively stable developed economies like New Zealand and Australia to diversify their foreign reserves holdings, pushing the kiwi dollar up.

Most controversial was the central bank of the financial secrecy and tax haven Switzerland, which had been managing its currency against a “hard ceiling” for the last year.

In New Zealand, current monetary policy settings were “importing other people’s problems.”

Doyle says the RBNZ should cut the benchmark official cash rate to below its current historic low point of 2.5 per cent, use new tools to lean against the potential for lower rates to create an unwanted housing boom, and put “soft caps” on the New Zealand dollar.

Doyle suggests the RBNZ should accumulate New Zealand dollars at various price points, from 82.5 US cents through to 90 cents, at a time when the local unit has been consistently trading in recent days above 82.5 cents, and stood at 82.80 cents late today.

Doyle said the combined effect of Norske Skog halving production at its Kawerau pulp and paper mill, the possible closure of Spring Creek and the threat to the Rio Tinto aluminium smelter were examples of an unstable post-global financial crisis world.

In this environment, some industries would be more reliant on government support than in the past.

While intervention “should feel unnatural to government…passive government in the post-GFC world is equally dangerous.”

Doyle likened a deal for Spring Creek to the US government’s temporary bail-out for the automobile industry in 2009.

– BusinessDesk NZ Herald


Aotearoa is not for sale protest –

15 07 2012

Greek and NZ Debt Crisis is Linked! Evelyn Gilbert MR NEWS Counter-Spin Feb 23 2012

23 02 2012

I can’t say I’m clued up on the finer details of  what is going on in Greece at the moment, aside from the fact  that they are in debt to their eyeballs and the Greek people have had enough, hence the protests etc..

But, I must say, just listening to Evelyn speak about the austerity measures being implemented, one must think that the Global economy is not in a good place at present.