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Posts Tagged ‘Inequality’

Richest 1% of Kiwis bagged 28% of all wealth created last year –Oxfam

Posted by te2ataria on January 22, 2018

Poorest 30% of the NZers, 1.4 million people, barely got 1 per cent of wealth in 2017

“A staggering 28 per cent of all wealth created in New Zealand in 2017 went to the richest 1 per cent of Kiwis. While the 1.4 million people who make up the poorest 30 per cent of the population got barely 1 per cent,” according to new research released by Oxfam today.

The research also reveals that 90 per cent of New Zealand owns less than half the nations wealth.

“The full report, called Reward Work, Not Wealth and released at 1pm this afternoon, will reveal how the global economy enables a wealthy elite to continue to accumulate vast wealth while hundreds of millions of people struggle to survive on poverty pay. It will reveal how globally big business and the extremely wealthy are fuelling the inequality crisis by avoiding taxes, driving down wages for their workers and the prices paid to producers, and investing less in their business, say Oxfam.

“Last year, Oxfam’s research revealed two New Zealand men owned more wealth than the poorest 30 per cent of the adult population; this startling statistic remains the same. Graeme Hart, New Zealand’s richest man, has increased his fortune by US$3.1 billion in 2017 to US$9.5 billion (up from $US6.4 in 2016).”

Super-rich got 82% of ALL wealth created last year – poorest half of world got nothing

Richest 1% of the global population received 82% of the ALL wealth generated in 2017, while the poorest half, 3.7 billion people,  got nothing, according to a new Oxfam report released today. The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.

  • 2017 saw an unprecedented increase in the number of billionaires, at a rate of one every two days. Billionaire wealth has risen by an average of 13 per cent a year since 2010 – six times faster than the wages of ordinary workers, which have risen by a yearly average of just 2 per cent.
  • It takes just four days for a CEO from one of the top five global fashion brands to earn what a Bangladeshi garment worker will earn in her entire lifetime. In the US, it takes slightly over one working day for a CEO to earn what an ordinary worker makes in a year.
  • It would cost $2.2 billion a year to increase the wages of all 2.5 million Vietnamese garment workers to a living wage. This is about a third of the amount paid out to wealthy shareholders by the top 5 companies in the garment sector last year.

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Racism in New Zealand

Tourist assaulted for trying to stop racist attack in Wanaka

Aussie tourist assaulted when he intervened to stop racial abuse of Indian man
Wanaka Police are appealing for sightings of black Mazda ute following an assault at Puzzling World on Saturday afternoon (20 January). At around 3.30pm three men assaulted an Australian tourist when he intervened in what appeared to be a racially targeted verbal altercation. He was checked by medical professionals following the attack and was thankfully not seriously injured. The man who was being racially abused has not been identified, he is believed to be of Indian descent. http://www.police.govt.nz/news/release/appeal-information-following-assault-wanaka

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Violent Crimes in NZ

Stabbings

Man critically injured in Picton Ave Stabbing, Christchurch
Monday, 22 January 2018 – Canterbury
“Police are investigating after a man was assaulted at an address on Picton Ave, Riccarton, around 1:00pm this afternoon. The man is believed to have been stabbed and has been taken to hospital with critical injuries. Fire and Emergency NZ were also called to the address after a minor fire was reported at the same house.”
http://www.police.govt.nz/news/release/man-critically-injured-picton-ave-incident-christchurch

Double Fatality in House Fire

Fatal Dunedin house fire
Monday, 22 January 2018 – Southern
“Police are working with Fire and Emergency New Zealand to determine the cause of a fatal house fire in Wesley Street, Dunedin this morning. Emergency services were called to the fire at around 5.20am. Tragically, we found two occupants deceased in the house.  We are working to formally identify the two deceased and inform family members.”
http://www.police.govt.nz/news/release/fatal-dunedin-house-fire

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Latest horrific deaths, injuries… [reported toll only!]

Proudly Killed in New Zealand – Running Road Toll (2018)

56. Fatal crash, Rerewhakaaitu, Bay of Plenty
Monday, 22 January 2018 – 7:56pm – [Bay of Plenty of Deaths]
“At 6:53pm tonight Police were called to a crash between a car and a logging truck on Ash Pit Road, Rerewhakaaitu, Bay of Plenty. The driver of the car has died at the scene. The truck driver was uninjured in the crash.”
http://www.police.govt.nz/news/release/fatal-crash-rerewhakaaitu-bay-plenty

Advanced Statistical Analysis:

Road Crash Victim No. 57 has not been identified by police.

  • No of road fatalities reported by police so far this year: 28
  • No of victims statistically resurrected by Ministry of Transport (MoT): 28 – 22 =

Ministry of Resurrection fake road toll. As of this morning (January 22, 2018), only 22 fatalities have been registered. Source of the officially-doctored data: http://www.transport.govt.nz/research/roadtoll/

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More Mayhem on NZ Roads

Road-rage link to Serbian migrant’s murder
“Christopher Vujcich, 58, died in Bay of Islands Hospital on Saturday morning, after he was confronted by a man on Kowhai Ave, Kaikohe, just after 9.30pm on Friday.”
“Meanwhile, a Kerikeri man is in custody and police are looking for another after a serious assault early on Sunday. A 24-year-old Kerikeri man was taken to Bay of Islands Hospital with a suspected broken jaw and other injuries.”
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11979653

Driver flees after car crashes into Palmerston house
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11979436

Two crashes: car rolls outside Tauranga Hospital and car hits barrier on SH2
The driver and two children were in Accident and Emergency at Tauranga Hospital but their conditions were unknown [As per usual.]
Meanwhile, one lane of State Highway 2 between Tauranga and Katikati is blocked after a car hit a barrier. http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11979197

One person critical and one seriously hurt after car hits power pole in Masterton
One person is critically injured and another seriously injured after a crash involving a car and a power pole in Masterton, near Wellington. This crash follows another earlier today in which a motorcyclist was critically injured after crashing into a fence on State Highway 2 at Mangatawhiri in the Waikato.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11979347

One taken to hospital after Karangahake gorge crash near Waihi, road reopened
One person has been taken to Thames Hospital in a moderate condition after a crash in the Karangahake Gorge this afternoon.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11979229

One critical after crash at Mangatawhiri, Waikato
A motorcyclist is critically hurt after crashing into a fence on State Highway 2 at Mangatawhiri, in Waikato.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11979189

 

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Wellington shaken by early morning quake

Posted by te2ataria on June 24, 2017

 Most Heavily Censored Blog in Fort New Zealand! (Censorship is Bad Karma )

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Foreword: People who live in Wellington, Christchurch, Auckland, Tasman Bay and Hawke’s Bay regions are either very brave, or too desperate.

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Sent by a reader

Quake awakens Wellington

The quake struck at a depth of 39 km (± 6 km), some 15 km north-west of Wellington around 5:49 am this morning, Geonet said.

Centered at 41.17S, 174.60E, the quake was reported by more than 2,500 people throughout the country.

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Headline of the Week:

Things that an out-of-touch bean counter might say

“What worries me isn’t inequality per se, what worries me is a minority of New Zealanders who basically aren’t getting a fair go,” said Derek Gill, principal economist at NZIER.

Isn’t poverty an extreme form of inequality?

“The data tells us that our current level of income inequality is actually the same as it was in the 1930s and 1940s,” said Mr Gill.

Yes, Mr Gill. You don’t have to be a rocket scientist to understand that. As in the 1930s and 1940s, the poor continue to have NOTHING, while the rich have EVERYTHING!

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Police Road Fatality Reports [Extreme Censorship is in Effect for Commercial Reasons]

  • Saturday:  NO fatality report allowed by police, as of posting, despite multiple serious crashes reported locally.
  • Friday: ONLY one fatality report allowed by police, as of posting, despite at least 10 serious crashes reported locally.
  • Thursday Update: ONLY two  one fatality report allowed by police, as of posting, despite at least 11 serious crashes reported locally.
  • Wednesday (updated): ONLY one fatality report allowed by police, as of posting, despite at least 8 serious crashes reported locally.
  • Tuesday: No fatality report allowed by police, today, despite at least 9 serious crashes reported locally.
  • Monday: Only two road fatality reports were allowed by police, today, as of posting, despite at least 11 serious crashes reported locally.
  • Sunday: No fatality report allowed by police, despite at least 7 serious crashes reported locally.
  • Saturday: Only EIGHT road fatality reports were allowed by police, as of posting, despite at least 22 serious crashes reported locally.
    • At least three French tourists were killed.
    • The eight fatalities listed on Saturday log include one that occurred late Friday night.
  • Based on insider information, statistical models and local news, We believe about 900 people were killed and 8,000 others seriously/critically injured on NZ suicide roads in 2016; however, only 328 fatalities were reported last year.
  • To protect the tourist industry and massive foreign investment, about two out of every three road fatalities go unreported, or the dead are statistically resurrected by NZ government.
  • 32 Foreigners killed in New Zealand in 32 days [Posted on January 25, 2017]
  • Police told to keep their mouths shut about overseas licence holders
  • Don’t reveal crash driver’s ethnicity, police told.

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Other News in Drips…

Killed by Drowning

Man drowns at Muriwai Beach
A man has drowned at Muriwai beach this afternoon, police said. “Emergency services were called to attend at approximately 4pm after a member of the public found him on the beach.”
http://www.police.govt.nz/news/release/man-drowns-muriwai-beach

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How the super rich swindle, harm, humiliate, dispossess, exclude… and starve you

Posted by te2ataria on May 17, 2017

The Most Heavily Censored Blog in New Zealand  [Watch Out for Tsunamis of Bad Karma, Mr Ingrish!!]

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Sent by a reader:

Super rich depend on ideologies and behaviors that enhance and sustain their hegemony

The following excerpts are from a newly published study ‘Preferences for group dominance track and mediate the effects of macro-level social inequality and violence across societies’ conducted by academics in Denmark, Norway, Harvard University in the United States and Victoria University in Wellington. ).

Social Dominance Orientation (SDO) – Inequality and Political Unaccountability

The greater the inequality of resources and power, the greater level of political unaccountability, corruption, and lack of democracy and rule of law we expect, because these phenomena precisely signal and enforce that the lion’s share of resources goes to the dominant group by virtue of its power and greater formidability.

Willingness to enforce group hegemony violently to sustain hierarchy

[…] macrolevel inequality and violence were associated with greater individual-level support of group hegemony. Crucially, this individual-level support, rather than cultural-societal norms, was in turn uniquely associated with greater racism, sexism, welfare opposition, and even willingness to enforce group hegemony violently by participating in ethnic persecution of subordinate out-groups. These findings suggest that societal inequality is reflected in people’s minds as dominance motives that underpin ideologies and actions that ultimately sustain group-based hierarchy.

[…] higher-ranked individuals enjoy privileged access to resources, territory, mates, and ultimately greater reproductive success.

The study is posted at Proceedings of National Academy of Sciences (PNASS)

Let’s put that in context:

Top 1% of NZers own 20% of wealth
Top 1% of NZers own at least 20% of wealth, while 90 percent of the population owns less than half of the nation’s .

NZ’s wealth divide continues to grow – report
Most New Zealanders have [much] less than $10,000 in savings, and little in the way of liquid assets, according to new economic analysis from Victoria University researchers.

Homeless families: ‘We’ve got nowhere to send them’
More homeless families will be sleeping in cars, parks and garages in Auckland this winter…

Three jobs but still struggling financially
How many hours must I work to feed my kids?

Four out of five NZers are the only “minority” to “face serious financial hardship” in this country

“Most NZers face serious financial hardship in buying a house – analysis

Four out of five New Zealanders face serious financial hardship if they were to buy a house, government data shows. [See blog analysis for home ownership and affordability.]

The role of government
And what’s our [allegedly] democratically elected government doing to address the malignant inequality that is leading to abject poverty, homelessness… ? They are protecting the super rich, to ensure continuity!

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Police Road Fatality Reports: Extreme Censorship in Effect

  • NO fatality report allowed by police today, as of posting, despite multiple serious crashes.
  • At least five foreigners have been killed in vehicle-related crashes in New Zealand last week. The fatalities include two Singapore nationals, two Samoans and one Aussie.
  • Based on insider information, statistical models and local news, We believe about 900 people were killed and 8,000 others seriously/critically injured on NZ suicide roads in 2016; however, only 328 fatalities were reported last year.

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Deadly or Near Fatal Police Chases…

 Police score another near fatality
A male driver (age unknown) is in a critical condition following yet another predatory [chase-to-kill] police pursuit.  http://www.police.govt.nz/news/release/fatal-crash-galatea-road

Police Scumbaggery

Christchurch Inspector Paul [“Foul Mouth”] Fremaux stood down over harassment allegations
“Stuff understands police have received complaints from at least five women about Christchurch Inspector Paul Fremaux [known to his equally repulsive colleagues as “Paul the Foul Mouth”.] One of the complainants is understood to be the daughter of a high ranking officer.”
http://www.stuff.co.nz/national/crime/92640159/christchurch-inspector-paul-fremaux-stood-down-over-sexual-harassment-allegations

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How could this system be legit?

Posted by te2ataria on June 28, 2016

Sent by a reader in “Sewage City” –  re-edited by blog moderators

The wealthiest 10 per cent of Kiwis own about 60 per cent of everything, with their share of the loot increasing

Not withstanding the tremendous amounts of wealth secretly invested overseas, or stashed away out of sight in offshore tax havens, by the wealthiest Kiwis, the top 1 per cent own 22 per cent of everything, while the top 5 per cent hold around 45 per cent of the visible wealth.

Household Wealth

“The figures also show a stark gap in household wealth. The top 10 per cent of households hold around half of all wealth, while the top 20 per cent hold 70 per cent [sic.]

“In contrast, the bottom 40 per cent of households controlled just 3 per cent of the wealth,” said a report based on the figures released by Statistics NZ.

[Moderator’s note: The figures provided by Statistics NZ are massaged, as usual, and totally misleading. They show the remaining 40 per cent of population, the second and third fifth, have a combined wealth of about 27 per cent, implying the presence of a “healthy” middle class. In reality, the actual figure is around 14 to 16 per cent of the total.]

The survey shows “stark” wealth inequality, said Green Party co-leader Metiria Turei.

“Wealth inequality is driving the housing crisis, and causing over 40,000 children’s hospital visits every year because they live in cold, damp, and mouldy homes.”


Champagne Glass Distribution from Conley (2008) You May Ask Yourself – digram is based on the distribution of world GDP in 1989, UNDP.

And in case you missed the following…

See also: Ambulance at the bottom of the cliff is full

Other News in Drips…

The State’s other Stinking Secrets

Truth about the daily road carnage would hurt New Zealand’s $10 billion tourism industry…

The NZ TOURISTS or truth? Campaign (police censorship of road fatalities) continues…

Blog estimate: About 900 people are killed on NZ roads each year. [Most probably] up to 440 road fatalities have occurred in NZ since 1 January 2016

  • No of road fatalities recorded by Minitru as of June 10: 154
  • No of road fatalities recorded by Minitru as of June 21: 161
  • No of road fatalities recorded by Minitru as of June 26: 161

nz road toll - as doctored by police - 27jun2016

Another fatality reported yesterday, June 27:

Driver dies in hospital after crash with tractor

The driver of a ute involved in a collision with a tractor on River Rd, near Port Waikato bridge, has died 6 days later. The victim, believed to be in his 20s, had to be cut from the wreckage and was airlifted to Auckland City Hospital in a critical condition on Tuesday last week. http://www.odt.co.nz/news/national/388349/driver-dies-hospital-after-crash-tractor

Road toll - as doctored by NZ police 28jun2016

 

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Inequality in New Zealand in brief

Posted by te2ataria on June 26, 2015

TRUE or FALSE?

Inequality in NZ hasn’t risen in 20 years: Treasury paper

A recent OECD report has found income inequality in New Zealand was above average for the group.

The OECD report released in December also indicated that the Gini coefficient, which broadly measures inequality, rose faster in New Zealand than in many other OECD countries between 1985 and 2011. Growing inequality meant the New Zealand economy didn’t grow to its full potential, stalling at 28 per cent growth between 1990 and 2010, instead of growing by 44 per cent.

However, the new Treasury report says inequality in this country has remained mostly constant since the early 1990s.

Actually, it’s TRUE. Inequality cannot physically rise any higher:

One per cent of the population own just about everything; ninety-nine per cent own FAAKK ALL!

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