Archive for the ‘Libertarian’ Category

New Zealand’s central bank hikes key interest rate to 5.25% – ABC News

New Zealands central bank surprised economists on Wednesday by imposing an aggressive half-point rate rise to bring its benchmark interest rate to 5.25%

By

NICK PERRY Associated Press

April 4, 2023, 11:43 PM ET

3 min read

WELLINGTON, New Zealand -- New Zealand's central bank surprised economists on Wednesday by imposing an aggressive half-point rate rise to bring its benchmark interest rate to 5.25%.

It was the Reserve Bank of New Zealand's 11th straight rate hike as it tries to cool inflation, which is running at 7.2%, far above the bank's target level of around 2%.

It brings the key rate to its highest level since the Global Financial Crisis in 2008.

New Zealand's benchmark rate is now among the highest in the developed world, and the bank's aggressive action stood in contrast to Australia's central bank, which on Tuesday decided to pause its round of rate hikes and leave its benchmark rate at 3.6%.

Most economists had expected the Reserve Bank of New Zealand to impose a more modest quarter-point rise after the nation's economy contracted in the December quarter and a destructive cyclone hit in February, killing 11 people and causing billions of dollars in damage to homes and infrastructure.

The currency rose on the announcement, with 1 New Zealand dollar trading at about U.S.$0.64.

The increase can raise the borrowing costs for consumers on everything from credit cards to mortgages.

The Reserve Bank's Monetary Policy Committee said in a statement that inflation remained too high and too persistent while employment was beyond its maximum sustainable level, with the unemployment rate at a low 3.4%.

The committee acknowledged that economic activity in the December quarter was lower than it anticipated.

However, demand continues to significantly outpace the economys supply capacity, thereby maintaining pressure on annual inflation," it said.

The committee said the recent severe weather had led to higher prices for some goods and services, increasing the risk that inflation expectations would remain too high.

It said that over the medium term, it expects economic activity to get a boost from the Cyclone Gabrielle rebuild.

New Zealands economic growth is expected to slow through 2023, given the slowing global economy, reduced residential building activity, and the ongoing effects of the monetary policy tightening to date, the committee said. This slowdown in spending growth is necessary to return inflation to target over the medium-term.

The rate rise caused concern among lawmakers across the political spectrum.

Mortgages are just one aspect of the economic pain that is coming," said David Seymour, leader of the libertarian ACT Party. Something has to break if the Reserve Bank continues with these hikes and the next thing will be job losses.

View original post here:
New Zealand's central bank hikes key interest rate to 5.25% - ABC News

Former governor candidate gets 4 years in prison for threatening … – Shaw Local

A man who ran for Illinois governor in 2018 was sentenced to four years in prison on charges stemming from threatening two Lake County judges.

Grayson K. Jackson, also known as Kash Jackson and Benjamin Winderweedle, 44, threatened to kill the two judges who presided over an ongoing civil case Jackson was party to during a call in October 2021 to the Lake County Sheriffs Court Security Office, officials said.

Grayson Jackson (Daily Herald Media Group)

The case was prosecuted in DuPage County at the request of Lake County officials to avoid a conflict of interest.

On Thursday afternoon, a DuPage County judge accepted a plea deal negotiated between Jacksons attorney and DuPage prosecutors. The deal called for Jackson to plead guilty to two counts of threatening a public official, a class 3 felony punishable by up to five years in prison. Both sides agreed for Jackson to serve two 4-year terms in prison, one for each count, according to Paul Darrah, a spokesman for the DuPage County States Attorneys Office.

Both sentences will be served concurrently. If Jackson exhibits good behavior while in prison, he will be eligible to serve 50% of his sentence. Jackson also will receive credit for the 479 days he served in Lake County jail while the case was pending, Darrah said.

Four counts of intimidation were dropped, according to court records.

Jackson was taken into custody at his home in Arkansas days after he made the threats and was extradited to Lake County jail.

Jackson, a retired U.S. Navy officer then living in Antioch, ran for governor on the Libertarian Party ticket in 2018 and lost in the general election.

Former governor candidate gets 4 years in prison for threatening Lake County judges

Continued here:
Former governor candidate gets 4 years in prison for threatening ... - Shaw Local

Libertarian Party of Wisconsin: Freedom & rights activists will … – WisPolitics.com

Ubet, WIThe Libertarian Party of Wisconsin (LPWI) will have two keynote speakers at its annual convention in Milwaukee, Saturday, April 15th. Elizabeth Coquillard and William Henry, who co-direct Liberty Offense, a non-profit organization that addresses constitutional and personal rights violations, will conclude the days events at the evening dinner. Coquillard and Henry work through public and community action to address the issues of rights violations through all branches of government and media.

The LPWI convention, which will take place at the Potawatomi Casino & Hotel, begins at 8 AM, Saturday, April 15th, as part of a weekend for networking, meetings, and party business, including the elections for the Executive Committee for the 2023-2025 term. The events and the convention will simulcast online atwww.lpwi.org.

Coquillard, a noted liberty political activist, and Henry, a veteran and a communications professional, address the Libertarians as a pressure builds among American citizens against the discredited two-party system for the bipartisan inability to solve the material and ethical problems facing America. Coquillard and Henry speak as two private citizens who empower people to fight peacefully for their right of free choice and consent in all political, economic, social, and cultural matters against the ever-increasing, and abusive, power of government

For more info on the Libertarian Party of Wisconsin, the convention and simulcast, or to view the Party platform, please visitwww.lpwi.org.

Go here to read the rest:
Libertarian Party of Wisconsin: Freedom & rights activists will ... - WisPolitics.com

Three candidates announce campaigns to represent northwest … – The Spokesman Review

At least three people are running this year to represent northwest Spokane on the City Council, and at least two of them may be familiar to local voters.

Randy McGlenn II, former chair of the state Libertarian Party and active member of his neighborhood councils, was the first to announce his candidacy. He previously made three unsuccessful runs for state legislature.

Christopher Savage, board president for Meals on Wheels Spokane, was the second to announce. This will be his third run in four years for a seat on city council.

Esteban Herevia, who until recently served as president and CEO of Spokane Pride, which organizes the annual Spokane Pride Parade and Festival, was the last to announce. This will be Herevias first run for public office.

Theyre all running for a seat in District 3 held by Councilwoman Karen Stratton, who will reach her term limit at the end of the year. The district, which has two seats, is also represented by Councilman Zack Zappone, whose term is not up until 2025.

The district stretches north from the Spokane River and west of Division Street, and after redistricting in 2022 also includes Brownes Addition. Growth has outstripped infrastructure improvements in some parts of the district, particularly in the North Indian Trail, Five Mile and West Central neighborhoods, according to the districts incumbents.

My district doesnt care who I voted for president, and they dont want political fights, said Stratton in a brief interview. They want safe parks, garbage picked up, streets plowed.

Though Herevia, McGlenn and Savage are the first to announce their candidacy, they might not be the last. Candidates will have until filing week, May 15-19, to throw their hats into the ring.

Unlike other candidates already in the race to represent northwest Spokane, Herevia has never run for public office .

It wasnt my first choice, he joked in an interview. Its not something I thought Id do.

But I care for my community, and I understand that the ways Ive contributed in the nonprofit world could be replicated in civil service.

Like other candidates running for public office, Herevia is running on improving public safety and increasing the citys housing stock.

Also like other candidates, he had few concrete proposals for how to do that, saying he was still at the stage of the campaign where he was focused on listening to the concerns of voters.

I think were at a time in the city where we need mediators, he said.

He emphasized that he wants more resources provided to support law enforcement during domestic violence calls, which can be particularly dangerous to both law enforcement and the public.

Hes also focused on improving the conditions of local streets and other transportation infrastructure, saying hed like to look at finding more room in the budget to patch potholes and maintain roads.

It might seem trivial, but potholes are a big deal, he said. We need to be able to get to work without damaging our cars.

He also said he wants to build better job pipelines for local residents, including by strengthening relationships with local colleges and universities.

We need to be thinking about, how can we be increasing the capacity of our citizens and community members, whether thats through job pathways or their health and well-being? he said.

Originally from California, Herevia moved to Spokane in 2016 to work at Whitworth University.

I fell in love with Spokane, he said. It felt like the right community, the right blend of people.

Today, he works as the Pathways and Inclusion Coordinator for Washington State University Spokane.

Herevia stressed that he is a member of the working class.

Im a renter, I work multiple jobs to pay my rent, so I understand what its like for folks who are living paycheck to paycheck, he said.

McGlenn is no stranger to running for public office. In 2014, 2016 and 2018, he ran as a Libertarian for a seat on the state Legislature against Rep. Marcus Riccelli, D-Spokane.

Though he lost each time to the incumbent, the experience taught him the ropes of running a campaign and listening to constituents, he said in an interview. Hes spent the last seven years earning his stripes, he said, including by serving on the East Central Neighborhood Council for six years, including a stint as its chair.

He serves as the community assembly representative for the West Central Neighborhood Council.

Now in his first run for city-level office, McGlenn said he plans to set aside his party affiliation while trying to bring smart solutions to the nonpartisan City Council seat. He said he was inspired to run for council after witnessing the contentious fight between state and city leaders over Camp Hope.

We need to fix this in our government, this type of tribalism and especially partisan politics in a nonpartisan government, he said.

McGlenn said his focus was on improving public safety, housing and homelessness, though he offered few concrete policy proposals.

I can talk to you all day long about computer networks and technology, but Im not a housing expert or public safety expert, he said. I wouldnt dare work on policy without consulting the experts.

McGlenn had more to say about the process of governance, saying hed like to bring the citys technology into the 21st century and take a long hard look at its budget, including the councils own departmental expenditures on staff.

He emphasized that he would be willing to work with any elected leader or community group to reach consensus.

Bottom line is, I want to make policy that creates a sustainable government, that respects the rights of everyone, that is responsive to our citizens, and making everyone feel heard at city hall, he said.

Though McGlenn was born in Tacoma, he was 3 months old when his family moved to Spokane. He joined the U.S. Army in 1994, working for four years the paper pusher arm of the institution processing assignments and promotions. He went back to school in 2000 to pursue an education in technology, and has worked various positions since graduation in the tech sector, including programming, networking and business technology solutions.

Savage ran unsuccessfully for City Council in 2019 and 2021.

Third times the charm, Savage said in a recent interview. I think Ive troubleshooted a lot and corrected mistakes from past runs, and Im concerned about the direction this city is going.

If elected, Savage said he would provide a different perspective than the councils left-leaning supermajority on myriad issues. He pointed to recent votes on higher fees on new development, saying that he preferred the lighter touch advocated for by Councilman Jonathan Bingle.

His top campaign issues include public safety, housing and homelessness.

Though Savage presented few specific policies to improve public safety, he said that he would better support police, decrying what he felt was a standoff relationship between the council majority and law enforcement.

On affordable housing, Savage said he would work to expand the citys boundary for growth when it revisits the Growth Management Act in 2026.

I dont want to abolish (the GMA), but I want to increase the artificial ring around the city of Spokane to assist with development, he said.

Savage said he supported efforts to create a regional homelessness workgroup in order to cut redundancies in social services.

While he wasnt prepared to make definitive statements on how we would like to reform the citys shelter system, he expressed skepticism that the city was carefully selecting the vendors that provide services.

Savage has lived most of his life in Spokane. He is board president of Meals on Wheels Spokane and the community assembly representative for the Balboa/South Indian Trail Neighborhood Council.

A former Lyft driver, Savage works at Project Beauty Share, a nonprofit that provides hygiene and beauty products to disadvantages women and families.

See the original post here:
Three candidates announce campaigns to represent northwest ... - The Spokesman Review

US Companies Complain of Worker Shortages While the US … – Current Affairs

Incredibly, there is a new effort afoot to allow more child labor in the U.S. The Economic Policy Institute reported earlier this month that violations of child labor laws and proposals to roll back child labor protections are on the rise across the country, including bills under consideration to allow young teenagers to work in meatpacking plants. The Biden administration is belatedly promising to step up enforcement, as it has become clear that employers violate child labor laws with impunity, and children now are working hazardous jobs in every state and across industries, taking jobs in slaughterhouses, construction sites and commercial bakeriespositions that have long been off-limits to American children for nearly a century.

But, as Tyler Walicek notes at Truthout, the problem is not just that the laws are being flouted, because plenty of exploitative child labor is already legal, and enormous numbers of minors, many of them migrant children, are legally employed on U.S. farms, thanks to an underage-labor exemption unique to agriculture. The Atlantic ran a disturbing expose several years ago on children as young as 10 or 11 who work in Americas tobacco fields. The New York Times recently reported that in many parts of the country, middle and high school teachers in English-language learner programs say it is now common for nearly all their students to rush off to long shifts after their classes end.

One would have assumed the debate about child labor to be long since settled. Children deserve to focus on playing, learning, and developing. They shouldnt be sent down mines and into meatpacking plants! But astonishingly, there are still those who justify sending children to work. The libertarian Foundation for Economic Education even published an article called Let The Kids Work, claiming (quite seriously) that working down a mine is an exciting life that children will like because they enjoy danger, and its more interesting than sitting at a desk. The libertarian economist Bryan Caplan makes a similar argument in The Case Against Education, arguing that school sucks so much that for many kids, a job would be better. (I co-authored a review of the book in Current Affairs, and pointed out that this is an argument for making school better, not for sending children to work in Amazon warehouses.)

Some libertarians dont see any philosophical problem with sending kids to work generally. (Although note that its not clear they would send their own children to work in meatpacking plants, and usually what were talking about in practice is whether poor children will be sent to work.) But today, there is an additional justification offered for relaxing the child labor laws, which is that we have something referred to as a labor shortage in the United States: there just arent enough people to work certain jobs. Axios reports that the bills are largely in response to the current hot jobs market, with employers posting an elevated number of openings but struggling to fill positions.

Now, you should always beware of the term labor shortage, because its a kind of propaganda concept. When we say that there arent enough workers to fill certain positions, what were really saying is that there arent enough people willing to accept the terms on which employers are offering jobs. For instance, in Ohio, the state restaurant association has said that most restaurant operators in the state are still short between ten and 20% of the staff and teens could help fill that gap. But an important question is: what would that gap look like if you doubled the wages being offered? Of course, the restaurant association would balk, and claim that such an insane idea would bankrupt them (they always say this when you propose raising wages). But if youre willing to offer better terms, you can get more workers. Its a labor market. If youre not able to buy what you want in it (labor), its not because there arent enough people, its because youre not offering the market rate. Ive written about this before in the context of alleged teacher shortages. The shortage exists in part because the job conditions are shitty and not enough people want to accept them.

TIME reported that one of the companies recently found to have committed serious breaches of child labor laws was employing children in hazardous jobs cleaning equipment like skull splitters, brisket saws, and bone cutters. The company also paid investors a $297 million dividend in 2020, which TIME noted dwarfs the cost of the fine they received for violating the law, making employing child laborers the economically rational thing to do (Milton Friedman might argue it was actually the corporations obligation to maximize shareholder value by exploiting kids.) The company might well argue that they have a hard time getting people other than kids to take dangerous underpaid work. But the response should be: tough. If you want workers to do a job, you have to offer them terms they will accept. If you cant get the workers, its your job as an employer to change the terms. Here at Current Affairs, I wouldnt whine about a worker shortage if I couldnt find anyone to write for ten cents an article. Id realize that I wasnt paying enough. The shortage is a shortage at the given terms, meaning that the very concept has a status quo bias that accepts employers insistences that they have a right to get workers at the rates they prefer.

The worker shortage argument becomes even more absurd when we remember something called the border, and the fact that even as people are complaining that there arent enough workers, were simultaneously deploying physical violence to keep workers out of the country. Earlier this year, Joe Biden expanded a program allowing the administration to quickly expel people from Nicaragua, Cuba and Haiti who illegally cross into the country from Mexico. Biden has even recently made the (both immoral and irrational) decision to deport Russians fleeing conscription by Vladimir Putin. (Immoral because it could be sending them to their deaths, and irrational because its literally handing over new recruits for Russias war machine.)

This supposed need for workers comes at a time when we are literally physically expelling workers. Why would you deport people who want nothing more than to stay in this country and make a livelihood here? The situation in the contemporary U.S. is pure insanity: people are trying to send children to work, while handcuffing and shipping out adults who are looking for jobs. Just open the border! Let people in! Its incredible the kind of double cruelty here. Its cruel to ruin a childhood with immiserating labor, and its cruel to ruin an adults life by tearing them away from their family. (There was much outrage at Donald Trump for his family separation policy, but too many liberals forgetor dont carethat all immigration enforcement involves family separation.)

U.S. immigration policy has deadly consequences. The Biden administration has infamously followed Trump in refusing to allow asylum-seekers to cross into the U.S. to apply for asylum, thus forcing them to stay in dangerous Mexican border towns where they can be targets of a vicious criminal business that kidnaps them and can torture them for weeks, extorting thousands of dollars of ransom from their relatives over the phone. Just this week, dozens of migrants in a crowded Mexican detention center suffocated and burned to death in a fire, after guards refused to let them out to escape. Earlier this week, frustrated by the U.S. governments useless scheduling app for asylum application appointments, hundreds of Venezuelans tried to cross the border and were turned back by force. Reuters quoted 18-year-old Camila Paz, who was sobbing heavily and pleaded: Please, we just want to get in so we can help our familiesSo I can have a future and help my family. We could give Camila that future at zero cost. Supposedly there is a labor shortage. And yet instead we use brutal force to send her and many others like her back to face poverty and violence.

Now, we should be careful about arguing that immigrants should be allowed to plug the shortage, because as I explained, the shortage presumes keeping the jobs shitty. In desperate refugees, we might easily find a population that (like children) does not have the ability to bargain for better conditions, and would therefore gladly take whatever was on offer. Really, many of the positions that would only be accepted by undocumented people or children should not exist; they should be safer and better-paid. Sometimes, those arguing for fewer restrictions on immigration make the (misguided, in my view) argument that undocumented peoples jobs are jobs Americans wont do. Well, if they wont do them, its probably because theyre inhumane, and citizens have more of an ability to walk away and demand something that meets certain basic conditions.

So, no, we shouldnt just fix our shortage through unrestricted immigration. We should open the borders and raise the minimum wage. And we should keep child labor prohibited. All of this is possible. There are plenty of people who want to work, and God knows employers make enough money to where they can share it fairly with workersremember, profits havent been this high in 70 years. We need to understand that when people claim theres a shortage of workers that needs to be fixed through exploiting kids, theyre not only advocating something hideously cruel, but theyre trying to get us to accept the propagandistic framing that shitty jobs must inevitably be shitty. Its not true. Employers have a choice, but its clear that they will offer the worst and most exploitative conditions they can, unless they are forced to do otherwise.

I debunk pro-child labor arguments at greater length in my new book Responding to the Right: Brief Replies to 25 Conservative Arguments.

Original post:
US Companies Complain of Worker Shortages While the US ... - Current Affairs