[1099] The Truth About Markets – New Zealand – 20 January 2010

January 20th, 2010 by stacyherbert

Stacy Summary: Good morning y’all!

For more download & listening options, visit Archive dot org

Tags:   · 84 Comments

84 responses so far ↓

  • Youri Carma
    Jan 20, 2010 at 11:37 am

    p.s. I happen to know somebody who sells houses on a daily base in Amsterdam and Amsterdam is one of the few places in the Netherlands where the houses still change hands so demand is still strong as it has the last 25 years.

    In October 2009 Dutch house prices were 5,2% lower than in in October 2008.

  • Daniel S
    Jan 20, 2010 at 11:38 am

    Yep. Engineers have to create things that actually work, taking into account a variety of hard to predict factors. Yet when capitalism fails, people say it was too windy, or there was an earthquake, or too many cars on the bridge. (we need better regulation, we made some mistakes, Chinese consumers need to buy more).

    Engineers even have to account for the mistakes workers and their supervisors will make. They build this in as part of “redundancy”.

    An system of human organization that is going to work, similarly must take the human condition into consideration. Which is why the blame on criminals is inadequate. Capitalism concentrates too much power and it’s foundations are destructive. You can’t patch over that. You need a different design.

  • Daniel S
    Jan 20, 2010 at 11:47 am

    Also, since we’ve allowed ourselves into being bribed into surrendering our values, our hypocrisy disarms us from demanding those values be represented in government. How can someone who believes slavery is wrong, buy and be wearing shoes made by slaves, and then demand integrity from institutions?

    We lost this battle in the media, our cultural spaces, and the decisions we’ve made in our own lives, before we lost in Wall Street and London.

  • Mep
    Jan 20, 2010 at 12:02 pm

    @ Daniel S – You’re right. You were also correct in pointing out the hypocrisy of the UN’s declaration of human rights. If those articles were abided by, slavery would be outlawed. Sweatshop workers would be able to join unions. Some 80% of sweatshop slaves are girls are women. They’re terrorized and brutalized in ways that go against every single one of the UN’s human rights articles. But governments fail to enforce those very basic articles, because doing so would harm the bottom lines of multinationals.

  • Mep
    Jan 20, 2010 at 12:14 pm

    Monsanto, from what I’ve read, is spending a lot of time lately cracking down on seed cleaners and running them out of business.

    See #5: http://www.organicconsumers.org/articles/article_16844.cfm

    Greenpeace vid.: http://www.youtube.com/watch?v=Us42DZO0NX0

    I wish these farmers would realize how hated Monsanto is, and reach out to the public for donations to fight Monsanto in court.

  • Mep
    Jan 20, 2010 at 12:18 pm

    US opens antitrust probe of Monsanto:

    http://online.wsj.com/article/SB20001424052748704363504575002742582725272.html

    Introduced in 1996, the Roundup Ready soybean seed allows farmers to chemically remove weeds from their fields without damaging crops.

    With that seed losing patent protection in four years, Monsanto is trying to get farmers to switch to a second generation of Roundup Ready seed that still will be protected.

    Justice Department spokeswoman Gina Talamona confirmed Thursday that antitrust regulators have begun a formal investigation of the seed industry. She refused to identify the investigation’s target or provide specific details.

    In the wake of Monsanto’s disclosure, the company’s shares fell $1.16, or 1.4%, to $82.79 in 4 p.m. composite trading on the New York Stock Exchange.

  • Daniel S
    Jan 20, 2010 at 12:18 pm

    People are still hoping to influence politicians to put these criminals to justice, yet the politicians aided and abetted these criminals when they took the debt into the government’s balance sheet. It’s like hoping a chief of police on the take from a gang, will take the town back from said gang. These bankers are the de facto government now.

    @ Mep – I believe the declaration was designed to provide the option (not obligation) for UN-mandated wars of aggression under the false (or if true, hypocritical) justification of human rights violations when other justifications couldn’t be found. When I first read it back in high school it was an Orwellian moment. A Canadian was championed as having authored it and yet looking at what little as a teenager I knew of my country at that time, it didn’t apply even all those years after it was written.

  • Daniel S
    Jan 20, 2010 at 12:40 pm

    Yeah. Monsanto seeds are fiat seeds. lol

    They are seeds that grow into healthy food by declaration only.

  • sdm
    Jan 20, 2010 at 1:00 pm

    Very good documentary on Monsanto:

    “The World According to Monsanto”

    http://www.youtube.com/watch?v=hErvV5YEHkE

  • Palantíri
    Jan 20, 2010 at 1:11 pm

    @sdm – Thanks for that video tip.

  • Bonn
    Jan 20, 2010 at 1:11 pm

    Ooo man its like a war zone in the upper thread
    LOLLOLOL
    PMSL ROFL
    Hic ;-)
    Dummaasses thats what they want in house fightin
    Hic
    ;-)

  • ronron
    Jan 20, 2010 at 1:20 pm

    @Bonn. noshit. someone was slamming me while i was out. intellectual wanna be. hahaha. :-)

  • Bonn
    Jan 20, 2010 at 1:20 pm

    @ P
    What don’t you understand they wanna Kill u n your family period fuk Gold or silver
    They wanna Kill ya

  • Bonn
    Jan 20, 2010 at 1:22 pm

    Who ta fuck let me check

  • Photoception
    Jan 20, 2010 at 2:00 pm

    Why would China complain about excess US debt if they get billions in interest? Those dumb asses are shooting their feet by complaining so much. The more they worry about their dollars falling in value, the more it will.
    Quantity theory of money is bullshit. The only thing that affects prices or currencies are people’s expectations, NOT the supply. There is no real-time supply data. Nobody can tell on any given day how many dollars are in circulation and it’s constantly changing. Yet people believe prices are magically constrained to the money supply. Bullshit. There is no logic or data to back that up.

  • Marc Authier
    Jan 20, 2010 at 3:10 pm

    @Youri Carma
    Maybe for residential real estate. But on the commercial real estate front, Amsterdam is as bad as Las Vegas.

  • James
    Jan 20, 2010 at 4:08 pm

    Truth About Markets New Zealand – Mortgage Fraud

    ‘Cut and paste’ fraudster sentenced
    http://www.stuff.co.nz/national/crime/3250154/Cut-and-paste-fraudster-sentenced

    It’s crap like this that still makes me wonder why our NZ housing prices still remain high. Too many foie gras sheeple around this place I’ll tell ya.

  • Bonn
    Jan 20, 2010 at 7:02 pm

    Yet to get contravertial
    lolololololol

    Giant skeleton of enormous dimensions,resembling to the description of the character of Ghadotkach in Mahabharata, was excavated in some unknown desert in India. There was also a photograph of the skeleton with two investigators standing nearby.

    http://digg.com/general_sciences/80_Feet_Tall_Human_Skeleton

  • Bonn
    Jan 20, 2010 at 7:05 pm

    Could RE -FIND Originall articles
    But why the Fuck should I ya do it again
    LOLOLOLololololol
    Hic ;-)

  • Pez
    Jan 20, 2010 at 8:06 pm

    …..of course it’s only the ETF type of gold that really worthless paper.

  • Palantíri
    Jan 20, 2010 at 8:10 pm

    *sigh* Since I do think @Bonn actually believe in this sort of stuff…sorry to break the illusion for you but it is a well known internet hoax (though it is a great fictional story).
    “Skeleton of Giant” Is Internet Photo Hoax
    http://news.nationalgeographic.com/news/2007/12/071214-giant-skeleton.html

  • James
    Jan 20, 2010 at 9:48 pm

    Truth About Markets New Zealand – Proposed NZ tax changes

    The NZ government has been talking of changes to the tax system here to even things up.

    Bernard Hickey fires some shots back at the property investors who get large tax breaks.

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10621483&pnum=0

  • Bonn
    Jan 20, 2010 at 10:05 pm

    @ P
    do ya really want me to prrove ya wrong and show ya a fossile Hic ;-)

  • Bonn
    Jan 20, 2010 at 10:06 pm

    I spent 4 months speculating and searchin

  • Bonn
    Jan 20, 2010 at 10:08 pm

    If 5 years back I told ya there are some bastards who wanna kill us all ya woulda thought i was coo coo
    but now ?????
    Hic ;-)

  • Bonn
    Jan 20, 2010 at 10:10 pm

    In Life we get betrayed by peeps we personally know n trust
    What makes ya think an unkown entity has your best interests at mind
    Hic ;-)

  • Bonn
    Jan 20, 2010 at 10:36 pm

    George Bush New World Order
    http://www.youtube.com/watch?v=Rc7i0wCFf8g

    Treat me like an imbicle what do these lunatics mean by “New World Order” or what does it Imply

    Could they have used another sentance which makes sense ?????
    Open for suggestions
    Hic ;-)

  • Bonn
    Jan 20, 2010 at 10:46 pm

    What causes high tide and low tide? Why are there two tides each day?

    http://science.howstuffworks.com/tide-cause.htm
    What a load of bull crap
    Our bodies have 60% water
    Why are’nt we floating around
    There is a lot out there than meets the eye

  • Bonn
    Jan 20, 2010 at 10:48 pm

    Time fer me afternoon nap
    Hic ;-) later peeps

  • Kricke242
    Jan 21, 2010 at 2:07 am

    How can Greece et al. be a larger problem for the EU/€ – Greece is ~1.94 % of the EU GDP (Eastern Europe even smaller), than California et al. being a problem for the US/$? California is 13% of the US GDP. Why the focus shift? If Greece had been a US state, it would rank like #15 by size of economy, after Massachusetts or so.

    And also, I want to comment that Sweden is not part of the Euro-zone. And I don’t see how you can compare Sweden’s trade surplus funded lending to the Baltics, with the carry trade funded, Icelandic-hedge fund, also representing a much larger percentage of the country’s GDP.

« Older Comments