The concept of odious debt was established in international law in 1927 and basically states that (quote wikilepedia) the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable.
John Key has borrowed a massive $ 40 billion or so in the last three years indebting this Nation for many years to come and given the rich 1% a massive tax cut while making life a lot harder for the 99%.
I would argue that this constitutes an odious debt and that while we have been labouring under the perception that we actually had an election which was not entirely steered by Propaganda, we actually have been conned into electing the Keyster after having been promised he came back to New Zealand to serve this country with his “hard nosed business acumen” as my dear neighbours still believe (poor souls) we have actually been under banker occupation and that constitutes a regime.
Here is what Max Keiser and Saifedean Ammous with a nice bit of info from Stacy Herbert about John Key’s friend Timothy the Tax dodger” Geithner the current secretary of Treasury and all out bankster scumbag to start with:
Tags: Bankster occupation, G.I.A.B.O., Global Insurrection Against Banker Occupation, John Key, Odious debt
10/11/2011 at 6:30 pm |
I wish RT was on my Freeview !
What is there ?
Closeup …not very !
Campbell LIve … barely !
Sixty Minutes …sixty seconds
Q+A … QuandAry !
Key will sell the ground we walk on and people don’t have a fricken clue !
Where can I buy some self adhesive “For Sale ” signs to put on every National Party billboard I see ? Sixteen days to get peoples attention ! The Rugby World Cup will have cost New Zealand more than a few million dollars ,it may have cost us the country !
10/11/2011 at 12:36 pm |
Great post …again …what a shame not a single New Zealand journalist has the smarts to find this site …I have learnt more in a month here than 3 years of TV News ,watching first Channel One then watching Channel Three plus one hour every night .
Thanks for your great work ,how long have you had your Degree in Journalism ?
10/11/2011 at 1:00 pm |
Autodidact I’m afraid. I had a business with my husband for eighteen years and it was my job, amongst others, to research projects and resources. I became very good at it!
It’s not so much that journo’s don’t find this blog but that they are actively avoiding it. I gave all the stuff I wrote to 60 minutes before the 2008 election and they contacted me and all of a sudden avoided me like the plague.
If you want to see some good news try RT it’s on freeview and is remarkably candid on all sorts of international news and beats the shit they put out on NZ hands down.