Monday 11 April 2016

Council debt publicly traded on the stock exchange now in 2016


Next meeting for the South Waikato District Council is 14th April 2016.

The council was shown to be not publishing the agenda 3 days before the meeting at least and they have corrected that.

So if I now go to the south waikato website I should be able to read the agenda for that meeting on the 14 April 2016.

Otherwise the department of internal affairs is informed and that sets off a whole lot of pain for the council staff. So far council has kept to posting on time. However communications in the past have been very sketchy.

Let's see.

Yes it is there
And the next day is a public meeting on Friday that access must be open to the public but last year they agenda of the meeting and the applications for the public money become a matter for an official information request. Council made it prohibitive, ombudsman office was called and the government went into grid lock over the matter with the Prime Minister being asked to share a text message. The matter still has not been ruled upon. The ombudsman office is now missing in action. Asleep on the job and while the watch dog is off duty the government agencies have the fox watching the hen house. 
So if you were wondering what to do for half a day I suggest you go to the public gallery of your local district council meeting and watched how elected members are encouraged by this current government (Joyce/Key) to go into debt. 

Council debt is now grouped together and traded on the New Zealand stock market. After a jobs summit held in the first term of this current government the only thing we have from that is a new financial instrument of council debt being traded on the stock market. And with other changes like Mayor making decisions that now no longer have to be voted on by council members and amalgamation fears the shakedown of all the savings council had have all flown out the window like in the case of forming a $25 million drive fund in tokoroa who will not give the public money a website or even reply to my requests for information.

So what to do. Well under the 1957 Justice of the Peace Act you can ask the Governor General to removed the mayor JP status. And I have done that over council not providing official information in a timely manner. The Justice Minister has looked at the matter and is now waiting for the ombudsman office to act. 

The traffic jams in Auckland rush hour are less congested than the official information act appeals to the ombudsman office and the calls at the governor generals office to remove Mayor JP status. Standstill is a better description. Mean while we as a nation all pay interest on the debt created. No action just debt compounding interest. 

If you are upset then ask questions at the next local body elections coming up for nominations July and August with Election Day in October 2016. 



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