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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Bonefish who wrote (104338)	8/9/2009 12:38:22 AM
From: Gib Bogle	Respond to of 110194

That's a rather broad question. Who are "they", and which Maori? The Maori Party has entered into coalition with the right-of-centre National Party, which recently became the government. So far the Maori Party is being surprisingly business-oriented and going along with the government's plans, rather a change since traditionally Maori voters supported Labour, the left-of-centre party. This shift probably reflects the fact that over the last few decades there have been some quite significant legal settlements in which land and associated resources have been passed into Maori tribal ownership, so now they are thinking in terms of making profits from their investments. Meanwhile the worst poverty and crime in NZ is among poor Maori, whose plight doesn't seem to be high on the list of priorities of the new Maori middle class that are getting the benefits of the settlements. Officially Maori issues get a plenty of attention in various ways, for example through programs that would be called affirmative action in the US. Needless to say Maori have the same rights as any citizen (some would say more), and Maori is an official language of NZ.