Unions destroy jobs with their minimum wage demands

I warned people this would be the result.  Why can’t unions ever see beyond the next wage round?

mcdonalds-automation

If there’s a silver lining for McDonald’s in Tuesday’s dreadful earnings report, it is that perhaps union activists will begin to understand that the fast-food chain cannot solve the problems of the Obama economy. The world’s largest restaurant company reported a 30% decline in quarterly profits on a 5% drop in revenues. Problems under the golden arches were global—sales were weak in China, Europe and the United States. Read more »

Is inflation too low?

Normally you’d be happy with low inflation.  Except that it also has other side effects, like lower interest rates, which means low-risk investments start to become all but useless.  And the elephant in the room:  dropping mortgage rates will inflame an already overpriced housing market

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Annual inflation is down to just 1 per cent, with lower than expected September quarterly inflation of 0.3 per cent.

Housing costs were up in the quarter, especially because of higher council rates, but prices fell for things like furniture, fridges and stoves and cellphones.

Economists had expected an annual rate of about 1.2 per cent because of lower than usual rises in food prices over winter.

The quarterly rate of 0.3 per cent was well short of forecasts of 0.5 per cent and the Reserve Bank’s projection of 0.7 per cent.

Annual inflation is the lowest it has been since the middle of last year.

Westpac Bank said the main reason for the drop in inflation was “very low food prices over winter”, and a large increase in fuel prices in September last year which dropped out of the annual inflation calculation.

It continues to tickle me that food prices, especially fresh fruit and vegetables, were the main driver of prices coming down while the left (and Winston!) were busy campaigning about the basic cost of living and the removal of GST from fresh fruit and vegetables.   What a farce.   Read more »

Tagged:

The House Today #nzqt

Question time/Questions for oral answer starts at 2 pm today.

Questions to Ministers

  1. JAMI-LEE ROSS to the Minister of Finance: What measures is the Government taking to help the New Zealand economy become more productive and competitive?
  2. Rt Hon WINSTON PETERS to the Prime Minister: Does he believe he is Prime Minister all of the time, or just some of the time?
  3. PHIL TWYFORD to the Minister responsible for HNZC: How many Housing New Zealand properties does he intend to sell during this term, and what is the projected number of houses Housing New Zealand will own in three years’ time as a result?
  4. JACQUI DEAN to the Minister of Health: What is the Government doing to provide faster cancer services for New Zealanders?
  5. Dr KENNEDY GRAHAM to the Prime Minister: Does he stand by his statement that the risks to New Zealand from any commitment of military assistance to counter Islamic State militants in Iraq would be “no greater than I think the risks are currently here today”; if so, why? Read more »

Harden up Masterton!

The wowsers just keep winning :\   First the skinny shop dummies, now a pub sign.

Signage for a new bar owned by a licensing trust has been criticised for promoting irresponsible drinking.

The Wairarapa District Health Board decided at its meeting this week to complain about a sign for The Farriers Bar & Eatery saying “Beer up Masterton”, displayed prominently at the town’s northern entrance.

“It seemed quite an inappropriate message when we’re trying to change the drinking culture in our community . . . it’s a huge sign that’s very visible,” board member Janine Vollebregt said.

Other members agreed, saying they had fielded complaints from the public about the sign. One member said a Rotary club also planned to complain to Trust House, the community enterprise that owns The Farriers and which is majority-owned by the Masterton Licensing Trust.

Health board chairman Derek Milne said public health officials would be asked to speak to Trust House chief executive Allan Pollard about the sign.

Pollard said the trust was aware of concerns about the sign and would move it and change its wording within a fortnight.

Oh for crying out loud.  It’s not illegal.  It isn’t offensive.  “Beer up” is just fine.   What a spineless bunch.   Read more »

Photo Of The Day

CREDIT: Sim Chi Yin / VII / Courtesy United Photo Industries & Magnum Foundation. “Big Rain” (“da yu” in Mandarin), 21, a KTV lounge worker, decorated his basement room  with a happy display of balloons. He lives in room A12 of a basement beneath Beijing’s north Third Ring Road. Originally from Heilongjiang in China’s northeast, he’s been in Beijing for the past year. He sleeps in the day and wakes up around 7 or 8pm to do his hair at a salon and then grabs a cab to go to work. Giving only his surname Chen, he said: “I’m 1.8 m tall, weigh 120 jin (about 60kg), am male and interested in girls. What else do you want to know?” He was planning to move out. “It’s too humid here,” he grumbled.

CREDIT: Sim Chi Yin / VII / Courtesy United Photo Industries & Magnum Foundation.
“Big Rain” (“da yu” in Mandarin), 21, a KTV lounge worker, decorated his basement room with a happy display of balloons. He lives in room A12 of a basement beneath Beijing’s north Third Ring Road. Originally from Heilongjiang in China’s northeast, he’s been in Beijing for the past year. He sleeps in the day and wakes up around 7 or 8pm to do his hair at a salon and then grabs a cab to go to work. Giving only his surname Chen, he said: “I’m 1.8 m tall, weigh 120 jin (about 60kg), am male and interested in girls. What else do you want to know?” He was planning to move out. “It’s too humid here,” he grumbled.

Chinas “Rat Tribe”

Read more »

On the Canadian parliament shooting

Photo: Postmedia / Barcroft Media

Photo: Postmedia / Barcroft Media

I’m holding off with the rhetoric and theories until a little more is known.

It’s not clear who is responsible for today’s shooting but the shocking scenes in Ottawa come two days after a 25-year-old convert to radical Islam ran down two Canadian soldiers, killing one. The driver, Martin Couture-Rouleau, was shot and killed by police.

David Lawler has a little more detail: Read more »

Cartoon of the Day

Credit:  SonovaMin

Credit: SonovaMin

Why the Labour Leadership race is broken

If there’s one thing the Labour leadership contenders agree on, it’s that the Labour Party needs to change.

And there is your problem.  For each candidate to stand out and make a clear difference over the other, they have to artificially come up with different ways to “fix” Labour.

During this year’s campaign, Mr Robertson said it was obvious Labour had lost its connection with people.

“We need a new generation of leadership, we need to do things differently,” he said.

“Labour must be a voice in the community every single day, not just when we show up at election time asking for a vote.”

Labour must campaign 3 years.

Ms Mahuta said Labour needs to have honest conversations within its membership.

“Only 25 per cent of people that voted for us and believed in the message that we had,” she said.

“This is about how greater New Zealand responds to who we are and what we stand for, and whether or not we’re listening to them.”

Let the Labour Party members tell us what to do.

Mr Parker said Labour’s spent far too much time over the last six years talking about itself.

“If we can agree on a unity of purpose, we will get strength and confidence from it and success will breed success and people will come back to us.”

Labour needs to figure out what it stands for.   Read more »

Add a man and two dogs to a ‘ Muslim ‘ neighbourhood and watch what happens.

After yesterdays post I thought that this video might provide a more visceral example of the problems that can occur when areas in a country that Muslim’s emigrate to become ‘ Muslim ‘ areas.

At this point I just want to state for the record that I have no problem with immigrants in our beautiful country. My Nana emigrated here from Lebanon on my Mother’s side and My Great Grandfather on my Fathers side emigrated to Australia from Germany. The problem I have is people who do not respect the laws of their host country and want to impose their own. In Great Britain they already have recognised and allowed Sharia law which is a shocking and sinister development.

In London as per yesterday’s article people are now afraid to walk their dogs through a ‘ Muslim ‘ neigbourhood because of  Muslim intolerance of dogs who they believe are unclean.

Read more »

The best strategy when you find you are flogging a dead horse is to dismount

Yes Russel, it's dead

Yes Russel, it’s dead

A wise bloke I know has a saying, one that I use often.

He says to people who seek out his business advice, usually too late I might add, that when you find yourself flogging a dead horse, then the best strategy is to dismount, and find another horse.

Which brings me to Russel Norman and his pathetic and I might add in some case defamatory attacks on me in parliament.

Did he not see the election results?

Of course the complicit media, and yes they are complicit as time will show, of course jumped in boots and all.

Heat on PM over Slater links – 3News NZ
PM refuses to answer Slater questionsRadio New Zealand
Key under more pressure over links with bloggerTVNZ  Read more »