Category: Politics
As the Head of the International Monetary Fund Christine Lagarde was warning about the bleak global economic outlook last week, New Zealand politicians were digging deeper into taxpayer pockets and promising to spend more. With our General Election on Saturday week, it is disturbing that so many parties are totally ignoring the dark clouds that are gathering as they try to bribe voters with money they don’t have.
As predicted, the biggest issue of the 2011 Election campaign is the economy. And the major question on people’s minds is which party is better placed to run the economy and protect us from the sort of disasters that we can see playing out in the Euro-zone.
The campaign for New Zealand’s 2011 General Election on 26 November has started. The jostling and jockeying, shaking hands and kissing babies, meetings and protests, promises and bickering, the battle of ideas for the hearts and minds - and more particularly the votes - of New Zealanders has begun!
Leaders grow things; they also make positive possibilities happen. So where are our ones when we need them most?
In 2006, property investor Terrence Stirling applied to the Christchurch City Council for a resource consent for a bulk retail centre on a two-hectare site some 50 metres from the central business district. The site, which was used mainly for car sales, was in an industrial zone where any retail development needed Council permission. The proposed complex was to have two large-format stores selling items such as furniture, carpets, or appliances, along with five smaller shops. He thought it would be a straightforward matter. It wasn’t.
We may all be environmentalists now. However, just as, over the last several decades, most of us have learned to be feminists, most of us have also learned to reject the dark side of the feminist movement that remains deeply Marxist in its roots and intentions.
The world is in a danger zone. In 2008, many people said they did not see the turbulence coming. Leaders have no such excuse now. And dangerous times call for courageous people. Some developed country officials sound like their woes are just their business. Not so. I still think that a double-dip recession for the world’s major economies is unlikely. But my confidence in that belief is being eroded daily by the steady drip of difficult economic news. A crisis made in the developed world could become a crisis for developing countries. Europe, Japan, and the United States must act to address their big economic problems before they become bigger problems for the rest of the world. Not to do so is irresponsible. But I know well that acting on them means honest and difficult discussions with parliaments and publics. Delay will narrow choices and make them harder and more costly. All of us across developing and developed economies have a stake in how they handle it. - World Bank Group President Robert B. Zoellick, Sept 22, 2011.
They are both dead wrong on economic policy. The terrible economic news from both Europe and the United States has led to much soul-searching on both sides of the Atlantic. How did we get here, and how can we get out of this jam? Both economies will be able to extricate themselves from their deep slumps only by promptly reversing those policies that have brought them to the brink. A successful and sustainable political order requires stable legal and economic policies that reward innovation, spur growth, and maximize the ability of rich and poor alike to enter into voluntary arrangements. Limited government, low rates of taxation, and strong property rights are the guiding principles.
For some years I taught constitutional law at the University of Canterbury. I was also a debater, in those days when debating was a more popular activity than it is now ~ and it would happen, from time to time, when I appeared to speak in a debate, that the chairman, in introducing me, would tell the audience that I was a remarkable man, because (among other things) I lectured in constitutional law, and this in a country that did not possess a constitution! I would smile politely at this merry jest and pass on to the subject of my discourse.
A Maori academic who says that immigration by whites should be restricted because they pose a threat to race relations due to their white supremacist attitudes, is leading an Independent Maori Working Group on constitutional reform. According to Iwi Chairs Forum member Margaret Mutu the group will develop a constitution to be given to the Crown as a model for New Zealand. She claims that their working party has the blessing of not only the Maori Party leader Pita Sharples, but also National Party leader and Prime Minister John Key.[1]
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