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notices and features - Date published:
6:00 pm, July 6th, 2015 - 32 comments
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Daily review is also your post.
This provides Standardistas the opportunity to review events of the day.
The usual rules of good behaviour apply (see the Policy).
Don’t forget to be kind to each other.
Update: For BM’s education …
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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The above is a photo of a Cairn in Christchurch in Cathedral Square where people are justifiably still upset at their loss of democracy.
(cairn, not carin)
Thanks Sacha!! Damn typos …
It’s still a gabion.
See update above.
Looks more like a gabion to me
How are your powers of reading?
I’m the first to admit it’s time I got glasses, but I see no mention of the word gabion.
Cheers, BM, always nice to learn a new word. It turns out a gabion is much like a cairn, but in the form of a cage filled with stones. But I reckon cairn is more appropriate for this one because Chch is a city with a British heritage, rather than an Italian one.
And they’re used world wide for erosion control.
You can’t get any more environmental than that, not quite as mystical as a cairn though.
Don’t steal this idea, but I’ve previously wondered about making one in the form of a large red forearm and fist. Soviet stylee. It’d look great poking out of my front lawn and give my neighbours something else to talk about at morning milking.
So John Key says there is nothing to worry about with the economy. Of course it helps if you have $50 mil plus in the bank.
Hanover Finance directors avoid justice again as the FMA cravenly does a deal involving no liability. I doubt many of their gypped investors would rather get 10% back than see the suave scum behind bars.
Link?
http://www.radionz.co.nz/news/business/278048/hanover-investors-to-get-$18m-in-settlement
Jeez, 18 million’s a bit bleak.
But having said that, those finance companies were quite a high risk investment.
The directors are the very definiion of unrepentant:
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11476493
These cases need deep pockets and commitment. A payment of 18/500 of the potential liability suggests that the FMA had neither.
Lacking in bravery and principle. FMA’s CEO told Radio NZ that continuing court action might have bankrupted some of the directors – as if that was a problem rather than a solution.
It is also the most irrelevant consideration possible …
You’d think. Clowns. As if there would be any unhidden funds to recover at this late stage?
hi sacha, i heard this news on rnz this afternoon, then an invester was interviewed.
i was left with the feeling that this and other investers(victims) needs to fund any litigation from their own diminished pockets, rather than hope for a crown agency to do that work for them.
As that guy said, seeing those suits swanning around in the society pages with overseas apartments and jaunts must be impossible to accept for people whose retirement savings were wiped out. No accountability.
my honest opinion based on this broadcast:
http://www.radionz.co.nz/national/programmes/checkpoint/audio/201761294/hanover-investors-to-get-$18m-in-settlement
As it turned out they were indeed a high risk place to invest your money. However Hanover advertised itself as a very safe and secure etc. and their interest rate at the time was relatively modest – another cunning way to indicate that they were a lower risk place to invest.
Dear Daily Review,
After watching the first 20mins of 3News – it became clear… …the Government are starting to sound more cynical than the Media concerning the economy. QE 0.1
So if things get bad Key sez we will spend more
So if things get bad Key sez we will spend more and borrow- there fixed it
John Campbell campaigned for the All Blacks to play in Samoa. Apparently he is getting a huge reception over there. Strangely he is not mentioned at all on the extensive Samoan rugby coverage on either TV1 or 3.
I did see a big cardboard picture of John. But yes. The game would never have happened without John’s work.
Damn straight. So glad he gets to be there to see it.
He was “on the crowd wild”
Gee if cairn words correct chch in real trouble in ? years if no water gets into acquifiers anymore. US already using more water than can be replenished. Canterbury plains are not made for cows, tis wheat, dry stock and pine country. Total madness to make poor cows suffer in that heat with no shelter. Where has farm animal welfare gone in this country. Where do we get our flour from these days anyway and if off shore…..can someone tell me why our wheat growers went unsupported? Cows belong on the west coast, where it rains.
When the norwester gets going Canterbury would probably work well for camels. McCully is probably arranging a camel hub with the assistance of the ubiquitous Mr Al-Alkhalaf even now.