Saturday, 13 September 2014

No New War in Iraq


"The second Iraq war cost us:  4,425 American lives;  250,000 permanent brain abnormalities in U.S. soldiers;  $2-4 trillion.  Why are we going back to Iraq?"    * www.NoNewWar.com  #NoNewWar

Source





Please go to the website to sign the petition...

btw. I live in New Zealand, so for me, this has nothing to do with whether I support Alan Grayson nor which party I affiliate with.  What I affiliate with is, for the wishes of the people of the world to be clearly heard.

No More War !!

Please sign...

http://nonewwar.com/


No New War: We're Not Going Back to Iraq

SIGN THE PETITION

25562 people have signed our petition -
51% toward our goal of 50000!

SUPPORTERS

25,562
Bronwyn L.
25,561
Maureen K. Greenfield Town, MA
25,560
richard h. Sallisaw, OK
25,559
Jonathan B. Rochester, NY
NO NEW WAR! Dirty warmongers needs to be held accountable!
25,558
MARI A.
Trillions squandered is not enough to see military might is not effective. Stop Growler training on Whidbey Island, WA. Growlers burn 1,300 gallons of toxic jet fuel every hour. Growlers pilots train with earsplitting noise less than 200 feet over residential areas. American citizens should...
25,557
Coletta S. Breese, IL
Insurgents are advancing on Baghdad and again, the United States contemplates military action. But the American people have already made up our mind -- we're not going back to Iraq.
Petition: "U.S. military action in Iraq: It sure didn’t work out well last time. Let’s not make that mistake again."

Friday, 12 September 2014

"NO ISIS..." says an Iraqi man. 17 June 2014. It's a LIE !!!


17 June 2014.  Time marker @ 6:30:


"If anyone tells you there is ISIS, tell them there IS NO ISIS.  There are only Sunnis who have been oppressed."

This is right from the horse's mouth - out of the mouth of a local man who is living in Iraq.  

PLEASE think about this... and think about the implications of what US Puppet Barak Obama announced this week about ISIL.  

THERE IS NO ISIS/ ISIL.  Zero. Zilch. Nada.

It is NOT true.  It is a LIE !!

So WHY is the U.S. administration wanting to start a new Middle-Eastern war ???

 WHY ???


It's time for COMPLETE transparency...
Long overdue.


REFUSE to go to war in the Middle East.

Say "NO" !!!




Fighting Back Against ISIS: The Battle for Iraq (Dispatch 1)


Published on Jun 17, 2014
Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News

Last week, the extremist militant Sunni group — "Al-Dawlah al-Islamiyah" (the Islamic State, misrepresented by the U.S. media as "ISIS", along with other Sunni militias and former Baathist party members, seized control of large parts of Iraq, including Mosul, the nation's second largest city.

In many places, the Iraqi army barely put up a flight. Soldiers dropped their weapons and fled, whether because of fear, incompetence, or internal sabotage. Hundreds of thousands of Iraqis have become internally displaced after fleeing the fighting or the potential for potential Iraqi air strikes.

Many say the conflict was brewing for a while, and that al-Dawlah al-Islamiyah (aka. ISIS), along with some of the other groups, has had some semblance of control in Sunni areas for quite some time. They point to Iraqi Prime Minister Nouri Al-Maliki's increasingly sectarian polices and crackdowns on Sunnis as having provoked the events of the last week, and fear this could be the start of a devastating civil war.

In the north, Kurdish forces known as the peshmerga have used the opportunity to seize disputed areas, territories that the Kurds long felt belonged to them but the [U.S. puppet] government [called "Iraq" under Maliki] was hesitant relinquish. 

An informal border now exists between al-Dawlah al-Islamiyah (aka. ISIS) dominated areas and Kurdish territory. There has only been sporadic clashing, as neither group seems determined to break the strange detente.

Here's Who Is Fighting in Iraq and Why: http://bit.ly/1yFN1ET

Crisis in Iraq: Kurdish Peshmerga Clash With Advancing ISIS: http://bit.ly/1ye4TGF

Check out the VICE News beta for more: http://vicenews.com

Follow VICE News here:
Facebook: https://www.facebook.com/vicenews
Twitter: https://twitter.com/vicenews
Tumblr: http://vicenews.tumblr.com/






Wednesday, 10 September 2014

Total NZ Debt $105b. A SHOCKING story 2008-2014. John Pemberton.



Mirror:  http://www.johnpemberton.co.nz/html/government_debt.html   

Pemberton article published around July-August 2014 by the look of it.


New Zealand Government Debt
JP logo 6
  
Agriculture      Business     Consumer       Corporate Overseas Debt      Government     Housing     Local Territorial Authority      Population      Total     (Debt & Governments)

The data on this webpage is taken from the Financial Statements of New Zealand Government, produced by the Treasury - see their webpage here - http://www.treasury.govt.nz/government/financialstatements
The flip counter above shows the growing total debt of the New Zealand Government. The counter increases by $135 per second based on the New Zealand Government’s budgeted debt growth to year end 30 June 2014.

Total borrowings are the total borrowings (both sovereign-guaranteed and non-sovereign guaranteed) of the total Crown. This equates to the amount in the total Crown statement of financial position and represents the complete picture of whole of Crown debt obligations to external parties.
Total borrowings can be split into sovereign-guaranteed and non-sovereign-guaranteed debt. This split reflects the fact that borrowings by State-owned enterprises and Crown entities are not explicitly guaranteed by the Crown.  

Total Government Debt - End of Year (June) - to see:  Data source; or End of Month data series - click these links.
New Zealand Government DebtNew Zealand Government DebtJun-1996Jun-1996Jun-1999Jun-1999Jun-2002Jun-2002Jun-2005Jun-2005Jun-2008Jun-2008Jun-2011Jun-2011Mar-2014Mar-201440.0040.0070.0070.00100.00100.00Government Debt ($b)Government Debt ($b)

DateGovernment Debt ($b)
Jun-199347.48
Jun-199447.87
Jun-199546.15
Jun-199643.66
Jun-199738.97
Jun-199840.59
Jun-199938.72
Jun-200037.53
Jun-200138.13
Jun-200238.49

DateGovernment Debt ($b)
Jun-200339.33
Jun-200437.72
Jun-200537.73
Jun-200640.00
Jun-200741.90
Jun-200846.11
Jun-200961.95
Jun-201069.73
Jun-201190.25
Jun-2012100.53
John Pemberton:  Source














DateGovernment Debt ($b)
Jun-2013100.087
Mar-2014104.086
Jun-2014 forecast104.354



Tuesday, 9 September 2014

NZ National Party loaned 65 BILLION over 6 years. WHY ???


SUMMARY:  These are some of the latest figures out on the NZ Treasury website, to 31 May 2014

The Financial Statements of the Government provide a record of the Government’s financial performance for the eleven months ended 31 May 2014 and its financial position as at that date.

At a Glance.
Core Crown Gross debt  82,150,000,000   as a percentage of GDP 36.3%

Core Crown
Core Crown tax revenue 56,497,000,000
Core Crown revenue 61,840,000,000
Core Crown expenses 64,173,000,000
Core Crown residual cash (3,833,000,000)


1. Using GDP for the year ended 31 March 2014 of $226,551 million (Source: Statistics New Zealand).
2. Using forecast GDP for the year ended 30 June 2014 of $230,717 million (Source:  Treasury).
3. Gross sovereign‐issued debt excluding settlement cash and Reserve Bank bills.
4. Net core Crown debt excluding student loans and other advances.  Net debt may fluctuate during the year largely reflecting the timing of tax receipts.

Core Crown includes Ministers, Departments, Offices of Parliament, the NZS Fund and the Reserve Bank of New Zealand but excludes State‐owned enterprises and Crown entities.

Source:   http://www.treasury.govt.nz/government/financialstatements/monthend/pdfs/fsgnz-11mths-may14.pdf  p.2


Note (on NZIER):  If the government is persistently running deficits, that is spending more than it earns, it will have to borrow money to meet the shortfall. Accumulating more and more debt is not sustainable, as the government can become insolvent!

Source:  http://nzier.org.nz/about/economics-explained/fiscal-policy/




 Source:  NZIER




2nd Source:  NZ Treasury  



One of my questions is...  

If there's enough revenue being collected, ie:

Core Crown tax revenue 56,497,000,000 
Core Crown revenue 61,840,000,000 
Core Crown expenses 64,173,000,000 
Core Crown residual cash (3,833,000,000) 

WHY are we loaning money at all... ?? - especially THIS amount of money over 6 years...  (65 billion)

That's just plain old UNFATHOMABLE !!!



Here are some other links that will help as we try to figure out what the heck is going on...
Debt

Table 9 – Net debt and Gross debt.  Year ended 30 June 

Actual   2009   * Net debt ($m) 17,119  (% GDP) 9.2%  * Gross debt ($m) 43,356  (% GDP) 23.4%

Actual 2010    * Net debt ($m)  26,738  (% GDP) 13.9% * Gross debt ($m) 53,591 (% GDP) 27.9%

Actual 2011    * Net debt ($m) 40,128  (% GDP)  20.0%  * Gross debt ($m) 72,420   (% GDP) 36.2%

Actual 2012    * Net debt ($m) 50,671  (% GDP)  24.3%  * Gross debt ($m) 79,635  (% GDP)  38.2%

Actual 2013    * Net debt ($m)  55,835 (% GDP)  26.3%   *Gross debt ($m)  77,984  (% GDP)  36.7%





Note 24: Borrowings
Forecast
30 June 2013
Actual
Budget 12
$m
Budget 13
$m
30 June 2013
$m
30 June 2012
$m

By type

57,29658,713Government bonds57,37753,850
4,7003,576Treasury bills4,0848,954
251204Government retail stock199229
6,2447,183Settlement deposits with Reserve Bank7,5755,917
2,4012,035Derivatives in loss13,1882,807
1,4711,499Finance lease liabilities1,4541,515
30,84427,570Other borrowings26,21027,262
103,207100,780Total borrowings2100,087100,534

By source

85,67485,309Core Crown84,87084,510
5,2575,156Crown entities5,2515,325
27,63625,884State-owned enterprises24,83925,374
(15,360)(15,569)Inter-segment eliminations(14,873)(14,675)
103,207100,780Total borrowings100,087100,534

By maturity

34,34530,511Expected to be settled within one year30,51743,195
68,86270,269Expected to be outstanding for more than one year69,57057,339
103,207100,780Total borrowings100,087100,534

By guarantee

76,21274,924Sovereign-guaranteed debt75,68475,701
26,99525,856Non-sovereign debt24,40324,833
103,207100,780Total borrowings100,087100,534
  1. Derivatives are included in either borrowings or marketable securities depending on their gain or loss position at balance date. This treatment leads to fluctuations in individual items primarily due to exchange rate movements.
  2. Total borrowings are the total borrowings (both sovereign-guaranteed and non-sovereign guaranteed) of the total Crown. This equates to the amount in the total Crown statement of financial position and represents the complete picture of whole-of-Crown debt obligations to external parties.
  3. Total borrowings can be split into sovereign-guaranteed and non-sovereign-guaranteed debt. This split reflects the fact that borrowings by State-owned enterprises and Crown entities are not explicitly guaranteed by the Crown.
A few questions arise out of this table:

Who was the PURCHASER of the $57.37 billion in Bonds?

-  If it was NZ, WHERE did we get the money from... ??  

-  WHO loaned it to the current NZ government, the Nats ??

Why did we owe $7.57 billion to The Reserve Bank?  

Who OWNS the Reserve Bank?    -  It's apparently NOT the NZ government.

Why is NZ playing in the Derivatives casino?

Who DECIDED to play in this casino ??

   ie:   Derivatives in loss  = $ 3.188 BILLION DOLLARS... "LOST" in the Derivatives game, June 30, 2014



Where did the "Other Borrowings" come from?  

   ie:  Other borrowings  $26.2 billion



Does "By maturity" mean:  "PAY THIS NOW" ??

By maturity    - as at June 30, 2013.  All figures are in BILLIONS.



Expected to be settled within one year30,517


Expected to be outstanding for more than one year69,570


Total borrowings100,087

What happens if we don't or can't ??


More primary sources:

http://www.rbnz.govt.nz/statistics/discontinued/  
New Zealand's overseas debt, Discontinued in June 2013. E3