The Regulatory Standards Bill sets up a legal framework for corporations to challenge regulation that impacts their profits, with government and Māori possibly being responsible for compensation
We need to shout this from the rooftops: In other words, this little addendum opens up the legal threat that any decision or regulation that impacts corporate profits in favour of Māori could result in Māori being legally obligated to compensate the corporation for the loss of its profits. Moreover, activist groups or coalitions that spearhead action or protest or support legislation that limits the action of corporations can also be held liable in these types of lawsuits. These types of lawsuits are routinely lodged against indigenous groups by oil and gas, mining, and logging companies.
I've said it before and I'll say it again. David Seymour is the most dangerous politician in NZ. During convid it was evident he was itching to deliver a better outcome in terms of the poison poke uptake than that thing in 'power' at the time. I supported act, defended them and promoted them, gave them $$, never again. They are all vile. Seymour is no Libertarian or humanitarian.. He's all for corporate power. He answers to big business and the donor class. He's a snake..and we all know the story about the snake surely?
We need to shout this from the rooftops: In other words, this little addendum opens up the legal threat that any decision or regulation that impacts corporate profits in favour of Māori could result in Māori being legally obligated to compensate the corporation for the loss of its profits. Moreover, activist groups or coalitions that spearhead action or protest or support legislation that limits the action of corporations can also be held liable in these types of lawsuits. These types of lawsuits are routinely lodged against indigenous groups by oil and gas, mining, and logging companies.
I've said it before and I'll say it again. David Seymour is the most dangerous politician in NZ. During convid it was evident he was itching to deliver a better outcome in terms of the poison poke uptake than that thing in 'power' at the time. I supported act, defended them and promoted them, gave them $$, never again. They are all vile. Seymour is no Libertarian or humanitarian.. He's all for corporate power. He answers to big business and the donor class. He's a snake..and we all know the story about the snake surely?
Thank you Ryan. This plutocracy is breath-taking in its audacity.
There is hardly time between breaths before a new attack is launched.
Agree. It’s exhausting.
The implications of this bill are utterly chilling.