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By: jamisonjohn@rocketmail.com
17/09/2008
11:41 am

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vixey, the american economy crisis is more than just the mortgages fiasco. if the economy was in good shape to start with, most people could afford the mortgages they got. the economy stalled there before the sub prime crisis. over production has meant a glut of products on the market. this happens cyclically. low cost labour from mexico and cheap imports from china is lowering wages across the board. and this is what you want for nz.

By: malcolmlake@xtra.co.nz
17/09/2008
11:47 am

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You have to be blind or kidding.....

By: mike_f596
17/09/2008
11:53 am

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i enjoyed this post- courtesy of"knightco"

so i repeated it
"When 'better the devil you know' comes up, I can't help thinking that we really do not know the incumbent devil. I think that to get some understanding of Labour, we need to look at their record and the direction this is leading us as a nation.

National may have a secret agenda but Labour certainly does.

The family unit has been assaulted with the Education Act amendment that makes sex education at school compulsory, again with a 1989 law allowing abortions for school aged girls without their parents knowledge or permission, again with the 'Care of Children Act 2004' and again with the 'anti smacking' law.

Justice has been assaulted with the ditching of the Privy Council and the pledge to wind up the Serious Fraud Office.

Freedom of speech has been dealt a severe blow with the Electoral Finance Act.

Our social fabric has been changed with legalising prostitution and the concept of marriage has been altereded with 'civil unions' and the 2001 Property (Relationships) Act.

Thousands of NZrs have been made beneficiaries of the state with the 'Working for Families' scheme when simple tax cuts would have served the same purpose.

The passing of the Emissions Trading Scheme, based on highly contentious scientific theory, will impoverish this nation.

This government has had eight and a half years in a booming world economy and only now has offered us meagre
tax cuts. Cullen tells us that NZrs spending their own money will aggravate inflation. The government doesn't stop it's spending of our money however and their spending causes inflation.

When you also look at the number of 'friends of the government' (many of whom are female and/or gay) who have been put into high paying positions of authority in various ministries and government departments, then I think you get a very good picture of where Labour is taking this country and I would suggest that the final destination is a feminis ...

By: kjinventiondevelopments@xtra.co.nz
17/09/2008
12:04 pm

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my children ,neices and nephews are voting by moving overseas Helens made it sooooo good for them!

By: jamisonjohn@rocketmail.com
17/09/2008
12:50 pm

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xtr and a whole lot of others thinks a shift to the right will be good for the economy. how come the american economy is in a much worse state than ours then. 70,000 a month losing their jobs, etc etc etc. the republicans are more right than the nz national party. shouldnt thier "right wing" policies have averted the crisis they are going through and the possibility they are heading for catastrophe ?

i will keep posting this question until i get a satisfactory answer

By: boozabill
17/09/2008
12:57 pm

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'vixey, the american economy crisis is more than just the mortgages fiasco. if the economy was in good shape to start with, most people could afford the mortgages they got. the economy stalled there before the sub prime crisis. over production has meant a glut of products on the market. this happens cyclically. low cost labour from mexico and cheap imports from china is lowering wages across the board. and this is what you want for nz.'

Very true, and it doesn't end there. There are billions and billions of dollars worth of It equipment and the likes, sitting and daily going out of date in places like Korea, Taiwan, China, Japan, Mexico, India. Where is it going to go?
Where and went will it be dumped?

By: vixey_reid
17/09/2008
1:23 pm

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The crisis which JJ was referring to is the one I addressed.
If you have any other concerns about the U.S. economy, please push them under my office door.
There'll be a test later ;]

By: vixey_reid
17/09/2008
1:25 pm

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Seriously though, trying to blame the current conditions in the U.S. solely on capitalism is a bit of a stretch, even for Karl Marx's favorite nephew, JJ ;]

By: jamisonjohn@rocketmail.com
17/09/2008
1:28 pm

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um no its not vixey, read marx and you will understand why.

By: vixey_reid
17/09/2008
1:28 pm

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JJ, did you read the analyses from that link? or are you summarily dismissing them?

By: vixey_reid
17/09/2008
1:46 pm

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JJ
The world "got over" classical Marxism a long time ago.
There are factors in play in the modern world that he couldn't have taken into account. Not to say he didnt have some interesting theories.

By: dhume200
17/09/2008
1:48 pm

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Those are just peoples opinions vixey. Probably are very right leaning propaganda publishing american opinion.

In the mainstream financial commentaries, htere is little doubt that Bush and the Republicans have badly mismanaged the US economy. Having said that, I don't think it has too much to do with how John Key will manage the economy n the future.

By: jamisonjohn@rocketmail.com
17/09/2008
1:57 pm

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vixey, the adam smith institute is a conservative think tank like our business round table. they were the ones who said bring out the controversial poll tax. they advocate privatisation of all industry and services and deregulaion. they are a propaganda machine for extreme right economic policy. as one person replied on that link ....."While the analysis is true as far as it goes, I think the process described was only one of a number of steps to the current mess."
capitalist economy is cyclic. marx described exactly what is happening now to the economy, 150 years ago. blaming the left who isnt even in power and has never been in power in america, is rediculous and smacks of hysteria. the industrialists are scared. they have conjured up a devil they cant control. they are scared of each other and scared of the masses of workers; because they hold the real power but they dont yet know it.

By: jamisonjohn@rocketmail.com
17/09/2008
1:59 pm

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what factors in the modern world didnt marx take into account vixey.

By: nige_liz.turnbull@xtra.co.nz
17/09/2008
2:01 pm

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vote helen... yeh right!! hahahahahahaha. this is a comedy blog right???

By: jamisonjohn@rocketmail.com
17/09/2008
3:58 pm

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waiting, vixey

By: miriareu48
17/09/2008
4:10 pm

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Aunty Helen you da best. =P

But your not getting my vote. =D

By: cracroft1
17/09/2008
4:14 pm

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a great MMP PM? i would not agree. The media seemed to forget that under National a promised MMP vote was promised. This was scarpered by a select committee who said it was not needed. Talk about the fox investigating the chicken coop

By: shirleyhorsfall@xtra.co.nz
17/09/2008
4:29 pm

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Vote for her? You have to be kidding, saying she was the best was another joke too!

By: jamisonjohn@rocketmail.com
17/09/2008
5:41 pm

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xtr and a whole lot of others thinks a shift to the right will be good for the economy. how come the american economy is in a much worse state than ours then. 70,000 a month losing their jobs, etc etc etc. the republicans are more right than the nz national party. shouldnt thier "right wing" policies have averted the crisis they are going through and the possibility they are heading for catastrophe ?

i will keep posting this question until i get a satisfactory answer

By: mdrennie@xtra.co.nz
17/09/2008
6:11 pm

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Easy 2% interest rates, heaps of credit to anyone that wanted it and the house prices dropped due to the threat of a Democrat govt run by a black

By: vixey_reid
17/09/2008
6:16 pm

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Ok, JJ.
Just off the top of my head, the increased importance of information rather than labour.

By: jamisonjohn@rocketmail.com
17/09/2008
6:21 pm

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information has always been important, but information dosent create anything. information may help, but nothing can replace labour.

By: mike_f596
17/09/2008
6:26 pm

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political coffee break-

http://tvnzondemand.co.nz/content/tonight_muldoon_ walker_interview_1976/ondemand_video_skin

have a look at the first few minutes where muldoon puts the interveiwer firmly in his place ,its a bit of a laugh.

By: jamisonjohn@rocketmail.com
17/09/2008
6:28 pm

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vixey, marx's ideas and analysis of capitalism is as relevant now as it was when he was alive. the problem is, he lived 100 years too soon. the revolutions that followed based on his teachings were soon perverted. it was a historical necessity that an anticapitalist idea, propagated at the very peak of capitalism, had to be totally transformed into the capitalist spirit if it was to be successful. and this is what happened.
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