“An honourable cause” By DSC President David Wilson
Extract from address to 2012 Conference The main focus last year was, of course, the election and whilst it is disappointing not to be in Government it is really pleasing to have gained some traction. I thank those members who helped Stephnie fight the election. Without you standing up to be candidates and doing the work associated with this, we would be nothing. As I said last year, our cause is honourable and moral and is the only way forward for humanity.
David at the conference top table
If there was any time that our policies are needed, it is now – and I mean right now ‐ because there is no doubt that in the near future the present economic policies will bring the countries of the world into absolute chaos and some into bankruptcy.
Heather Marion Smith, DSC Advocate for Seniors at 2012 Conference, gave a summary of why and how we opposed the establishment of the N.Z. Superan‐ nuation (Cullen) fund. And how the Retirement Commission has virtually become a tax‐funded agency for the private savings industry. Also why the dependency ratio (i.e. the ratio of those in the workforce to retirees) is a myth and a flawed basis for public policy. Heather also made a “Soapbox” presentation on Energy, asking why 19th century N.Z. politician,
The backbone of this country By Ken Goodhue (edited extract from Soapbox presentation.
The backbone of this country is the pastoral industry. Selling it off to overseas interests is taking us backwards. When overseas companies were able to purchase our manufacturing companies, we were told that they would bring their expertise in to make companies more efficient. Yes, they were made more efficient ‐ as many had their plant moved overseas where labour was cheaper. The last jewel in the crown for
support for social credit monetary reform policies by showing in a practicable way how such policies can translate into changeable savings for the rate and taxpayers. The plan is to gain support and build profile for the lobby group with the short term goal of at least attaining one seat on council. The opportunities to offer solutions are obvious. Namely, to minimise the interest component Debt Free Dunedin of the DCC debt by refinancing interest bearing loans through the By Warren Voight (edited extract from Conference) Reserve Bank under the provisions The fundamental reason for the Public Finance and Local this lobby group is simple: Government Act. namely to gain profile and This would have the effect of Guardian Political Review, Issue 62, Page 7
Frederick Joseph Moss wanted electricity to be available as cheaply as possible to all ‐ and not be allowed to "gorge the few". And that the proposed partial asset sales are not likely to repay SOE debts which are owned by the private financial sector. Also that, contrary to popular belief, Labour did not campaign to save the raising of Lake Manapouri but was pressured into agreeing with the Save Manapouri Campaign shortly before Election Day 1972 as Social Credit had been gathering mounting support as longtime opponent of raising the southern lakes.
overseas investors is Fonterra Co‐ op. The dairy farmers have been lead to believe that Fonterra must have Trading Amongst Farmers (TAF) to survive financially. There are other models that could have been used to keep the Co‐op viable without creating corporate shares. As an industry of national importan‐ ce, the dairy industry had finance made available from the NZ Reserve Bank up to the 1970’s. There were also special tax rates for Co‐ops. All this was removed during the rush to introduce Rogernomics during the 1980s. With the sale of large areas of
reducing rates by many millions of dollars annually, with a correspond‐ ing boost to available household incomes and the economy as a whole. City councils throughout New Zealand have accumulated considerable debt (approaching $8 billion at last count) ‐ a combination of infrastructure expenditure and investment strategies in business and other areas which have in some cases not had any positive returns. In fact, this Government is actually proposing to worsen the interest on debt burden by forcing councils to pay premium interest rates on anything deemed to be a
farm land to overseas interests since, one is seeing more overseas‐ owned independent processing plants set up, which will mean more profits being transferred overseas. These companies will be able to exploit New Zealand’s good name but may not maintain it’s reputation. As more large areas of land are purchased by overseas interests, their influence on Fonterra will increase as their shareholdings grow. If these shareholders become a major force in Fonterra, it is very real that they could look at corporatizing the Co‐op. high risk venture. Meanwhile councils struggle to meet commitments and are being encouraged increasingly to look at liquidation of assets to lighten the load. The pressure upon central government would become irresistible and eventually we would achieve our objectives. That alone would gain DSC significant political leverage and profile and at the end of the day people would realise the benefits of our ideas and policies. See Warren Voight's 'Dear John' feature elsewhere in this issue.
Summer 2012 issue of The Guardian