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notices and features - Date published:
6:00 pm, August 17th, 2015 - 23 comments
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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Do School Bullies Really Grow Up to Be Sexier Than the Nerds?
It’s a disturbing thought and it does some ring of truth to it. Perhaps we really are a sick society.
From the post, http://thestandard.org.nz/parsing-john-key-on-tppa/,
“both Hosking’s and Henry’s jowls are up the Prime Minister’s cheeks”
Well said!
…on the cheeks of his backside.
I would love to see an artist/cartoonist draw that scene pictorially….and auction it on Trade Me for a worthy cause….like Jane Kelsy’s ‘Give-A-Little fund for legal challenge to TPPA secrecy’
https://givealittle.co.nz/cause/tppnosecrecy/
Poll on Stuff : Is Mike Hosking politically biased?
73% Yes, clearly. (8252 Votes)
12% On some issues, yes. (1399 Votes)
15% No, he’s an outstanding journalist. (1629 Votes)
The article and poll is here:
http://www.stuff.co.nz/national/politics/71179822/opposition-political-leaders-accusing-mike-hosking-of-political-bias
Of course he’s biased. From the Listener
http://www.listener.co.nz/commentary/the-artistry-of-mike-hosking/
and from the man himself…
… “I’m allowed to say what I want, I’m allowed to think what I want, I’m allowed to express my opinion. Which is, apart from anything, fundamentally why I’m employed.”
Going by other media hirings and firings, if his opinions did not not fit so well with Key’s, he would not be so free to express it, and his employment situation would be far more tenuous.
That is fairly conclusive. That’s what the people think. Key and Joyce think otherwise.
Why does this child of privilege get so much media attention for his social media output?
Is it because the Herald,( like Hosking, Christie, Henry, Williams ) is Key’s stooge?
http://www.nzherald.co.nz/entertainment/news/article.cfm?c_id=1501119&objectid=11498507
Chanelling Patrick Bateman, there.
http://www.rouge18.com/category/patrick-bateman/
Haha, New Zealand Psycho you think?
Ok, I’m convinced now I’m having a bad dream.
Key backs banks after S&P warning over Auckland property market
Yeah, because asking the fraudster if they’re defrauding you is always going to get an honest answer.
And what would his mates tell him? Sounds like the banks are about as clued up about their portfolios as they were prior to 2008.
I know of one bank who recently had a staff conference on the Auckland Housing market and how to make the most out of it. The premise is that it has – at most- two years of good pickings yet. They were discussing how to access the continuing high profits until that time, from the ever increasing values in Auckland.
This may be true if nothing changes, as we watch Auckland being bought up by foreign investors. Similar has happened in other inflationary housing markets across the globe, London, Vancouver etc. There are also other measures in place that would ensure the the population of NZ can live in the country of their residence or citizenship.
Stable state provided social housing, land tax, perpetual affordability liens, co-housing and considered papakaianga development.
How can the banks be regarded as financially sound. An important piece of advice given to investors by prudent financial advisors is to have a diversified portfolio. A business is advised to limit its exposure by diversifying. Banks are in NZ heavily into dairying and housing. Is that healthy for them or us? What is their exposure in these two sectors? Does anyone here know, authoritatively.?
Wikipedia on market exposure –
“Market exposure (or exposure) is a financial term which measures the proportion of money invested in the same industry sector. For example, a stock portfolio with a total worth of $500,000, with $100,000 in semiconductor industry stocks, would have a 20% exposure in “chip” stocks.”
A little difficult to say as there doesn’t appear to be any straight out figures on it. It’s probably ‘commercially sensitive’. Anyway, this article implies about 50% on mortgages alone – unless I’m completely misreading it. Still, the UK has mortgages at around 60% of bank lending so I think it’s ballpark.
Best of the week.
A video has emerged of the Turkish husband and wife who shared their wedding feast with 4,000 Syrian refugees serving food in an act of kindness that made headlines around the world.
http://www.independent.co.uk/news/world/middle-east/turkish-wedding-video-husband-and-wife-share-wedding-feast-with-4000-refugees-10440235.html
Yes – that was good, and HUGELY different from the grossness of the Indian guy who bailed up Sydney streets for his wedding parade !
Dude was of Arab descent.
http://english.alarabiya.net/en/variety/2015/08/17/Lavish-Arab-wedding-in-Australia-wows-spectators-irks-residents-.html
I stand corrected – thought they said Indian on TV3 news tonight.
Cartoon: Erasing you profile
John Oliver revisits the NZ flag debate.
https://youtu.be/m_2tL–HMIo
LOL. Funny.
This one too about Key’s best friend, The religious Aussie Rasputin:
https://youtu.be/c3IaKVmkXuk
The probleem with National is they are still the govt and Hoseclip and Basil Brush will just be as right wing as they are with impunity and endorsements, commercial krauts
Thanks to Da FUHRER