I see that Maori are in line for even more loot, after it appears the fiscal envelope has been cracked:
Waikato-Tainui and Ngai Tahu iwi are poised to claim top-ups on their 1990s Treaty settlements because of a relativity clause that gets triggered when the so-called fiscal envelope is exceeded.
Treaty Negotiations Minister Chris Finlayson progress with claims means there is some $1.79 billion completed or in the pipeline, including the $170 million settlement with the 35,000-strong Ngai Tuhoe tribe announced this week.
The central North Island-based Tainui and South Island Ngai Tahu settled for $170 million apiece but were granted top-up clauses that would ensure Tainui received 17% of all settlements and Ngai Tahu got 16.1%.
That clause would come into play if the Crown paid out more than $1 billion in 1994 dollar terms under the fiscal envelope.
That works out at roughly $1.54 billion today, using the Reserve Bank’s inflation calculator, though it does not account for the timing of various settlements.
And so more cash will flow into Maori coffers…with no discernible reduction in Maori crime, Maori child abuse or Maori children even eating breakfast.
Let’s face it Labour’s plan to feed the poorest children in our schools is just pouring more money into Maori who as we can see have actually had billions more than everyone else poured into their coffers for no discernible return, either to them or to the nation.
Treaty settlements are nothing less than unbridled looting like gang members coming back again again for “protection” money.
Only a fool would believe that this will ever end. Then again plenty of people thought that when politicians promises a safe and secure retirement paid for by your taxes they meant it.
Just what grievances are we settling? Or are we creating new ones?
The $1b treaty cap was a lie and non-Maori should now be able to sue the Crown for that lie.