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5,500 Foreigners Violently Killed & 35,000 Seriously Injured by NZ Tourism Machination since 2000 — Welcome to the World's Deadliest Tourist Attraction: The Final Destination!

Posts Tagged ‘Steven Joyce’

What was the role of NZ government in Xero’s rapid growth?

Posted by te2ataria on February 4, 2017

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Peter Theil screwed NZ taxpayers without even kissing them, thanks to incompetent/corrupt government!

Peter Thiel, the gay German/American billionaire, pocketed tens of millions of dollars from a joint venture funded by New Zealand taxpayers, while his publicly funded investment partner almost suffered a loss, said a report.

“The partnering of Thiel’s Valar Ventures and the Government-owned New Zealand Venture Investment Fund (NZVIF) was launched by minister Steven Joyce in March 2012,” said a report.

Joyce said at the time the venture was “part of the Government’s comprehensive business growth agenda”, but a Herald investigation has discovered the arrangement was quietly ended in October when Thiel activated a generous buyback option allowing him and his private partners to claim all profits from the venture by cheaply buying out his public co-investor.

A Wall St analyst told the Weekend Herald the clause left the Government facing a “horrendous risk-return proposition” that had no place in agreements between commercial parties.

Thiel netted at least $30 million after investing  just $6.8m, while NZVIF received just $10.2m after having earlier invested $9m.

“If a professional investor signed this deal, they would be the butt of their colleagues’ jokes all the way out the door,” the analyst told Herald.

Despite claims at the time of launch that Valar Ventures would invest $40m in local technology companies, it ended up committing only $18m — the bulk of which went towards accumulating shares in the NZX-listed cloud accountancy software company Xero.

Xero share price soared from $3 to as high as $45 in a short period of time, making the Xero-dominated Valar Ventures extremely valuable. “By mid-2016 its stash of Xero shares was worth $43m, representing the vast bulk of the fund’s value.”

What’s missing from the Herald report is the role of NZ government in helping to make Xero so valuable! Did they award the accounting software company large government contracts?

More…

Other News in Drips…

Three bodies found in separate missing cases

Body found in Sandfly Bay, Dunedin
While the formal identification process is yet to identify the body, it is thought to be connected to the search for the missing diver from yesterday afternoon.
http://www.police.govt.nz/news/release/update-body-found-sandfly-bay-dunedin

Body found at Karaka Bay, Wellington
Police have recovered a body that was found at Karaka Bay this morning, Saturday 4 February 2017.
http://www.police.govt.nz/news/release/body-found-karaka-bay-wellington

Missing man’s body recovered in Westland
Police have found the body of a tramper who was reported missing on Friday. He was overdue from a day-long tramp in the Jackson Bay area of South Westland.
http://www.stuff.co.nz/national/89102215/Missing-mans-body-recovered-in-Westland

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International students in New Zealand are being ‘exploited’ —Peters

Posted by te2ataria on July 5, 2016

The Minister for Tertiary Education and his department are aware international students are being “exploited” —W. Peters 

“If you bring people into the country, force them to get low wages on the basis that they will be able to stay, give them a work permit as well, and they can’t stay because of the illegality they’re involved in – then it is a form of people trafficking,” Peters said.

The NZ First leader, Winston Peters, said thousands of international students had been promised they could stay in New Zealand, “which is a false promise made at the time of the application”.

The Cash Cow

Tertiary Education Minister Steven Joyce says [the cash cow] in New Zealand are a “good news story overall”.

And who would disagree? Some 125,000 international students generate about three and a half billion dollars in income for New Zealand.

Both Peters and Labour leader Andrew Little have also described international students as a “cash cow”.
http://www.stuff.co.nz/national/politics/81788297/Winston-Peters-says-international-students-in-New-Zealand-are-being-exploited

How Many Foreigners Killed Since in NZ 2000?

About 3,500 overseas visitors, international students, foreign workers, recent emigrants and refugees have lost their lives and 20,000 others seriously injured in New Zealand since year 2000.  [Updated April 2016]

Related Links:

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NZ ‘dick of the year award’ goes to Chief TPP negotiator

Posted by te2ataria on March 12, 2016

Foreword: Censorship and News blackout are a serious threat to democracy, even to a fake one like ours!

Chief TPP negotiator David Walker presented with NZ’s ‘dick of the year award’

New Zealand’s nurse of the year, Josie Marie Butler,  was rudely interrupted by goons at the Government’s Trans-Pacific Partnership (TPP) roadshow in Christchurch on Friday.

Butler brought a squeaky sex toy along to the road show and tried to present it to chief TPP negotiator David Walker but was stopped by the goons.

Other News in Drips…

Person killed in car crash near Twizel
http://www.stuff.co.nz/timaru-herald/news/77821526/one-person-killed-in-car-crash-near-twizel.html

One in a serious (!) condition, two moderately injured in crash near Taupiri
One person is in a serious condition and two others with moderate injuries after a two vehicle crash near Taupiri, Waikato.
http://www.stuff.co.nz/national/77822023/One-serious-two-in-a-moderate-condition-after-car-crash-near-Taupiri

Woman critical (!) after being hit by car
A woman is in a critical condition in Wellington Hospital after being struck by a car [in a police pursuit?] near the airport. http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11604271

Man critical (!) following Bay of Plenty crash
A 23-year-old male is in critical condition with multiple injuries after his vehicle rolled in Reporoa, south of Rotorua, on Saturday evening.  http://www.stuff.co.nz/national/77824065/Man-critical-following-Bay-of-Plenty-crash

Man seriously (!) injured in car crash
http://www.stuff.co.nz/taranaki-daily-news/77780491/Waitara-man-seriously-injured-in-car-crash

Woman critical after “secret” burn injuries
Victim, 30, was flown to Middlemore Hospital in a critical condition. Cause of burn not disclosed.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11604716

Kiwi “insider” in Australian prison on cocaine charges
http://www.stuff.co.nz/national/crime/77812296/Kiwi-beekeeper-in-Australian-prison-on-cocaine-charges

One killed, another seriously injured in double shooting at train station
http://www.stuff.co.nz/national/77814426/Double-shooting-at-train-station-not-believed-to-be-gang-related

Yet another inmate extrajudicially executed at Mt Eden prison
The victim was reportedly held in solitary confinement, in a cell known by inmates as “the pound”, at the time execution. http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11604621

DAY 86 of latest ‘TOURISTS or truth?’ campaign in NZ

About two-thirds of the road fatalities in New Zealand go unreported by police, or unrecorded by Ministry of Transport [“Minitru”.]

One way to manipulate the road toll statistics, second only to news censorship, is to report most of the dead as being in a “serious” or “critical” condition. This way, if the news leaks, the “seriously injured” could always be pronounced “dead as a result of their injuries!”

Ministry of Transport (heavily doctored) Road Toll:

12-3-16 nz doctored road toll

http://www.transport.govt.nz/research/roadtoll/

  • Blog estimate: [About 900 people are killed on NZ roads each year.] Most probably, up to 182 road fatalities have occurred in NZ since 1 January 2016.

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