Social Credit - Latest News [Page 2]

Banks Rush To Raise Interest Rates On Created Money Obscene

Thursday, 7 October 2021, 6:44 am | Social Credit

The obscene rush by the ASB and Kiwibank to increase mortgage rates within minutes of the Reserve Bank increase in the OCR is just cynical, extreme, profit gouging. ASB, ANZ and Kiwibank had already increased rates in mid September, anticipating ... More >>

Taxpayers’ Union Confused On Political Party Funding

Wednesday, 6 October 2021, 11:31 am | Social Credit

The Taxpayers’ Union claim that taxpayers should not be forced to fund political parties shows it has little understanding of how much public funding already flows into the pockets of political parties in Parliament. By opposing the review it is ... More >>

Refinery Key To Break Monopoly On Fuel Retailing

Wednesday, 1 September 2021, 6:33 am | Social Credit

The potential closure of the Marsden Point oil refinery provides a unique opportunity to break the stranglehold the oil companies have on fuel retailing. Government should purchase it and keep it operating as a State Owned Enterprise. The SOE could become ... More >>

Refinery Petition signatures top 10,000

Thursday, 26 August 2021, 2:40 pm | Social Credit

The petition calling on the government to take action to keep the Marsden Point Oil Refinery operating has topped ten thousand signatures. The petition calls on the government to declare the refinery a strategic asset and keep it operating so ... More >>

Petition Signatures Top 5,000 In Four Days

Friday, 13 August 2021, 10:37 am | Social Credit

The petition started by Social Credit leader Chris Leitch calling on the government to take action to keep the Marsden Point Oil Refinery operating has topped five thousand signatures in just four days. The petition calls on the government to declare the ... More >>

Put New Zealand’s Fuel Security First, Not Oil Company Profits

Monday, 9 August 2021, 4:02 pm | Social Credit

Social Credit leader Chris Leitch started a petition yesterday calling on the government to declare the Marsden Point Oil Refinery a nationally strategic asset, to compulsorily purchase all the shares from the private owners and turn it back into a state owned ... More >>

Refinery Closure A Serious Strategic Mistake

Friday, 6 August 2021, 5:41 am | Social Credit

05.08.21 A decision at tomorrow’s shareholders meeting meaning New Zealand's capability to refine oil will be shut down and Refining New Zealand then becoming an importer of pre-refined fuel would be a serious strategic mistake. Such a move would put New ... More >>

Reserve Bank Should Curb Money Creation By The Commercial Banks

Thursday, 15 July 2021, 6:09 am | Social Credit

Social Credit has called the action of the Reserve Bank to curb its purchase of government bonds off the private banks a sensible and responsible move. Hand in hand with that it now needs to curb the avalanche of money creation that has been going ... More >>

Govt Should Wipe All DHB Slates Clean

Friday, 2 October 2020, 2:04 pm | Social Credit

The government’s decision to write off the debt for the Canterbury District Health Board has been applauded by Social Credit Party Leader, Chris Leitch.It is what we called for at the end of August.The crisis at the Canterbury District Health Board ... More >>

Social Credit Condemns Assange ‘show Trial’

Friday, 25 September 2020, 2:43 pm | Social Credit

The show trial for Wikileaks founder Julian Assange bears all the hallmarks of one that might be expected in China or Russia, not one by New Zealand's allies, the UK and the US. Social Credit strongly condemns the action and contends Assange should ... More >>

Controversial Westland Milk Sale Goes To Court

Thursday, 17 September 2020, 12:39 pm | Social Credit

The Government’s involvement in the controversial decision to approve the sale of Westland Milk Products to Hong Kong Jingang, a company wholly owned by Chinese conglomerate Inner Mongolian Yili, will be under the spotlight in the High Court ... More >>

Outdoors Party Candidate Resigns And Joins Social Credit

Thursday, 27 August 2020, 1:33 pm | Social Credit

The Northland electorate candidate for the Outdoors Party has resigned and joined Social Credit. Brad Flutey had already attended one public meeting as the Outdoors Party candidate. He was one of the early candidates selected by the Outdoors Party ... More >>

Capital Charge Regime Must Go

Friday, 21 August 2020, 2:24 pm | Social Credit

The crisis at the Canterbury District Health Board highlights the stupidity of health boards being in debt to the government and requiring them to pay a capital charge for the land and buildings hospitals occupy. While the problem may not be of the ... More >>

Call For Govt Buy-out Of Aluminium Smelter

Tuesday, 14 July 2020, 7:33 am | Social Credit

Social Credit is calling on the government to step in and purchase the Tiwai Point aluminium smelter and turn it into an SOE, issuing non tradable shares to every New Zealand citizen. It should offer just $1 for the purchase and then plough money into ... More >>

Potential ISDS Problems Post Covid-19

Monday, 29 June 2020, 12:41 pm | Social Credit

"The presence of investor - state dispute settlement provisions in international treaties is likely to cause major problems in the post - Covid 19 world," John Ring, Social Credit Spokesperson on Foreign Affairs, said today. "One of the ... More >>

Orr Challenged To Provide Evidence

Thursday, 28 May 2020, 6:04 pm | Social Credit

Social Credit leader Chris Leitch is calling for Reserve Bank governor Adrian Orr to produce the specifics on why he claims current legislation governing the Bank would prohibit it from “money financing” - creating money to finance emergency ... More >>

National’s Stance On Benefit Payments Hypocritical

Tuesday, 26 May 2020, 4:15 pm | Social Credit

For the party with a long established record of cutting benefits, aiming for balanced budgets and promoting strict fiscal responsibility, National’s bleating about unemployment benefit payments being unfair is the ultimate in hypocrisy. National is crying crocodile ... More >>

Bagrie’s Solution An Own Goal

Thursday, 14 May 2020, 7:43 am | Social Credit

The suggestion by former ANZ bank chief economist Cameron Bagrie that the retirement age should be raised to help with the government's fiscal repair job seems like a massive own goal. What Mr Bagrie is suggesting is that older people will be required ... More >>

New Health Funding Applauded

Tuesday, 12 May 2020, 2:47 pm | Social Credit

The additional $4 billion in health funding and an increased budget for Pharmac are fantastic moves which Social Credit has been calling for, for a long time. In 2018, nurses went through a prolonged series of strikes in order to get better wages ... More >>

Economic Policy Launched

Friday, 8 May 2020, 4:37 pm | Social Credit

Social Credit has released a $20 billion economic policy programme for this year’s general election. Reclaim Our Future will be launched with full page advertisements in major newspapers on Saturday. As the country moves out of the Covid-19 lockdown, ... More >>