socialism

Some more reader questions about Capital Gains Tax

I doubt Labour can answer these, after 4 years they still have no idea what he shape of the CGT will look like.

Hi Cam & All

I have a few questions regarding CGT that I don’t think I’ve seen raised, and which certainly don’t seem to have been put to Cunliffe:

What adjustment will be made to the selling value of a property due to inflation? In other words, this tax fails to take into account inflationary pressures, and is, in effect, a tax on inflationary gains (which, as we all know, is NOT a capital gain in the real sense of the term).

Another thing that is not taken into account is the real cost of purchase. Most people buy a house using a mortgage. The real cost of the house (purchase price + interest) is much higher than the actual value of the house when purchased. Will this be taken into account when determining any capital gain?     Read more »

Pimping the poor but not telling the truth

I see that the Fairfax newspaper North Shore Times is pimping the poor again.

Father of two ‘Ofa Ta’ufo’ou can’t spend more than $100 a week to feed his family.

That’s breakfast, lunch, dinner, snacks, drinks – the works. Any more and the Birkdale resident breaks the household budget.

The 43-year-old works “like an animal” for at least 40 hours a week and still struggles to make ends meet.

“At the moment I can’t afford to take my girls to the movies. So I have to ask: Who has failed my family? The system has.

“And I’m not the only one struggling. A lot of people in the community can’t function as a family because of their finances.”

The community worker says the problem is nationwide and something must be done.

“We need to push people in power to do something about the poverty in this country. People are working like animals just so they can pay the basics.”

Ta’ufo’ou said savings is not a word in his vocabulary.

“I work so hard and can’t save any of it. My wife and I budget every single cent.”

Their combined fortnightly income is $2000, nearly half of which is spent on rent.

Humans should live in dignity, he said.

“This is a human rights issue. Everyone deserves to live like a human instead of spending all their time worrying about money.”

Read more »

Want robots at McDonald’s? Hike the minimum wage

A reader in the US writes:

It’s been an interesting debate here with the usual rough and tumble of different layers of government, it’s a struggle to get the minimum wage to $10.25 an hour which is outraging groups on both sides.

Unlike back home the media provide both sides and then leave it to the viewer to decide. They will have the hard working fast food worker putting across their reasoned position then the small business owner who will have to let a staff member go if the wages are hiked. There is no screaming from a Helen Kelly and neither would the business community have someone as hopeless as the guy from BuisinessNZ either backing their argument.

It’s a compelling argument that if the minimum wage is too high someone won’t get the opportunity of that entry level job which allows them to gain skills and experience that allows them to move ahead. You get a real life view of what would happen if you pass that tipping point of pricing young people out of the labour market and it’s called 50% unemployment and a lost generation in Europe, compare that to the USA where young people in service industry jobs are generally happy to help and happy in life.

If you find yourself at 40 still on the same wage as your 25 year old boss it shouldn’t be up to the government to give you that pay rise…in fact that very same caring leftie government is a threat to you as they will price you out of a job which could end up being a terminal situation.

Read more »

French government collapses, socialism still isn’t working

The cheese eating surrender monkey’s government has collapsed in acrimony.

Francois Hollande has dissolved the government and is now asking the same failed socialist Prime Minister to pick another bunch of socialists. The Frogs  clearly haven’t learned that socialism doesn’t work no matter which bunch of socialists is in charge.

France has coherent single party government and socialism fails and hurts the people it purports to help, imagine what a coalition of socialists would be like.

French President Francois Hollande dissolved the government on Monday after open feuding in his Cabinet over the country’s stagnant economy.

Prime Minister Manuel Valls offered up his Socialist government’s resignation after accusing the outspoken economy minister of crossing a line with his blunt criticism of the government’s policies. Hollande accepted the resignation and ordered Valls to form a new government by Tuesday.

France has had effectively no economic growth this year, unemployment is hovering around 10 percent, and Hollande’s approval ratings are in the teens.    Read more »

Labour relaunches their Hobbit Hater policy

Labour has re-launched their Hobbit Hater policy at the behest of the unions, proving that their investment in purchasing David Cunliffe and the 20% vote for the leadership has provided a cash for policy arrangement that is giving their leaders sticky knickers.

The Labour Party wants to repeal the law changes that were ceded to Warner Bros over The Hobbit films, a move which the Government says would cripple the $3 billion screen industry.

Labour leader David Cunliffe and MP Andrew Little launched the party’s work and wages policy yesterday, which included a boost to the minimum wage, and a commission of inquiry into workplace conditions.

Here’s an idea…why don;t they just declare a wages crisis, and in short order National will fix the problem. Seems to have worked for manufacturing and housing…it’s worth a crack.

So Labour wants to kill off the film industry in NZ, Dotcom’s party just wants to steal it, and the Greens want to destroy the oil and gas industry.

They really are the wrecking ball of the NZ economy.

But wait it gets worse…Labour also wants to kill jobs.  Read more »

Chris Trotter on The Cunliffe

I’ve been waiting for this post by Chris Trotter.

He is the left’s canary in the coal mine. When others blame the messenger it is  Trotter is analysing the message.

MUCH SCORN has been heaped upon the claims of Fairfax political journalist, Vernon Small, that a change of leader could rescue Labour’s electoral fortunes. But shooting the messenger, as so many have done in relation to this story, is a poor substitute for studying the message. Especially a message like this one!

According to Small, if every person who claimed they would vote for Labour if David Cunliffe was no longer its leader kept their word, then support for the party would skyrocket. From its present parlous position, located somewhere between 23 and 25 percent, support would rise by an astonishing 13.5 percentage points to an election-winning 38.5 percent.

Whether this projection is statistically valid or not interests me much less than what the numbers cited by Small tell us about the political preferences of the electorate.

Clearly, there is an extremely large number of voters (several hundred thousand) who would like to vote for the Centre-Left but are disinclined to so while it remains in its current state.

At the heart of this disinclination is the Labour Party itself. Looking at it, they see a tortured, internally fractious, ill-disciplined organisation peopled by individuals who clearly loathe one another, and who seemed determined to not only lose the Election of 20 September 2014 – but all subsequent elections.

Not surprisingly, the person they blame for this state of affairs is the Labour leader, David Cunliffe. In spite of so obviously wanting the job, the general consensus among centre-left voters is that, having got it, he has made a God-Almighty mess of it.

Cunliffe’s tentativeness and outright bumbling has both surprised and disappointed his supporters. He had led them to believe that if Labour’s members and trade union affiliates made him their leader he would lead his party in double-quick time back to its democratic socialist roots. But, when Labour’s rank-and-file did exactly as he asked, Cunliffe spent the next three months doing three-fifths of bugger-all.   Read more »

Is David Cunliffe about to lurch Labour back towards the centre?

Matthew Hooton believes that The Cunliffe may be about to lurch Labour back towards the centre as they attempt to get some traction…any traction at all..in this election campaign.

If that is the case then John Tamihere’s assessment in the Herald this morning is spot on, that “He’s an extraordinarily talented chap but you never get to see the real David. You get to see the David that he thinks you want to see. And that’s his problem.”

Hooton is alluding to that in his column at NBR.

If David Cunliffe becomes prime minister this spring, the origins of his win will be traced to the last week.

This may seem counterintuitive. After all, his highest profile move was his apology for being a man, generally lampooned as absurd. More substantively, though, it revealed a deeply collectivist worldview, where people’s main identity is not as an individual with personal responsibility but where we are primarily members of categories from which we accrue collective guilt and credit.

Such a political philosophy may be abhorrent to anyone who values basic concepts of human autonomy but it was wildly popular among Labour’s Women’s Council, the unions and the far-left activists who back Mr Cunliffe. Some even rang Mr Cunliffe’s office weeping with gratitude.

Intentionally or otherwise, the apology created cover for a repositioning of Mr Cunliffe back to the centre, which would begin at Labour’s conference the following day and is at the heart of Labour’s strategy for the next 10 weeks.

The Cunliffe needs to do this because so far his socialist prescription is failing to resonate.

Mr Cunliffe ran for leader from the far-left, with rhetoric about red roses, the failed neoliberal experiment, the missing million, the misery of 250,000 children living in poverty, and a commitment that his Labour would be “deep red, not pale blue.”

As a strategy to become leader it worked well but it reversed all the progress Labour had made in the wider polls under David Shearer’s more centrist approach.

Talking down New Zealand as a failed state with starving kids wasn’t connecting with voters experiencing economic growth, falling unemployment, rising wages, low inflation, still-modest interest rates and a kiwi dollar enabling them to afford some luxuries after five difficult years.   Read more »

Manawatu Standard endorses Josie Pagani’s sentiments

The Manawatu Standard, normally a hotbed of arch socialists has become quite strident in recent weeks against the Labour party.

Yesterday they endorsed the sentiments of Josie Pagani’s 2012 article in the NZ Herald, the one that essentially caused her excommunication from the Labour party for daring to utter the truth. What she wrote back then is as true today as when she wrote it and perhaps even more true.

After Labour was humbled in the 2011 election the party’s Rangitikei candidate had some advice for the party.

Be more positive, Josie Pagani wrote in January 2012 in the New Zealand Herald.

“We were turning up on people’s doorsteps telling them their lives were gloomy. And anyone who has ever been poor knows the last thing you want is someone telling you your life is crap,” she wrote.

Labour had started to forget its roots, she said, that it was a workers’ party with a focus on making the lives of working people better, not a party focused on providing for those who were out of work.

When Labour launched its campaign at its general conference on the weekend it was clear some of Pagani’s message from 2012 had sunk in, or the party had reached the same conclusions independently.

The party’s slogan for 2014 is Vote Positive, with a tick instead of a v for good measure.

It was accompanied yesterday by a call from party leader David Cunliffe for candidates to refrain from sledging members of the opposition.

Read more »

Where are Labour’s Big Donations?

Labour are an embarrassment of a party, with a dud leader, dud policies and they are absolutely flat broke.

Moira Coatsworth said as much when she told the world that they weren’t going to campaign with billboards or signs, instead they were going to use social media, hashtags and some flash American software the Republican party uses.

Political parties cannot survive without money.

Labour has been a special kind of stupid in having a series of party people that have been dead set useless at fundraising. Chris Flatt, Andrew Little, Tim Barnett and Moira Coatsworth have left the party broke because they don’t raise any money.

Fundraising is the lifeblood of a political party.  Read more »

Trotter promoting jihad and political cleansing of Labour

Chris Trotter is still on his bender, this time he is promoting a jihad and political cleansing of Labour.

After a tedious little history lesson of the Labour party from the black and white era we get to the nub of what he is saying.

 [T]he Labour Party of 2014 boasts a narrow left-wing majority. That majority, after changing the party rules, elected David Cunliffe as its leader and is in the process of constructing a binding policy platform for the next Labour Government. At first glance, then, the lessons of the 1980s appear to have been learned.

All but one – and that the most important of them all. Majorities mean nothing outside the only Labour Party institution that truly matters: the parliamentary caucus. If you cannot control the caucus, then you simply cannot reassure the party that its best efforts will not be rendered worthless through the calculated insubordination of a clique of rebellious caucus members.

This is especially problematic when these insubordinate rebels (most of whom are securely ensconced in safe Labour seats) believe it will be easier for like-minded politicians to protect “the policies this country needs” if David Cunliffe and all that he represents loses the forthcoming general election.  Read more »