Daily Review 11/10/2018

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1. Kat 1

   11 October 2018 at 5:35 pm

   The Hosk today: “Petrol companies are not ripping us off or rorting us or fleecing us. Petrol companies are operating the way most competitive businesses operate”

   Just shows to go how Hosk filters the breeze blowing between his ears. I guess he must be seen defending the “market” at every turn: “This is business doing business with a huge variety of variables, not least of which is the amount of tax the Government is rorting us on. You want an inquiry? Launch one into that”

   Next thing Hosk will be demanding tax cuts but increased govt spending on highways to nowhere, then again he might have already funneled that breeze into that yawning gulf between Simon Bridges ears.
   • Ed 1.1

     11 October 2018 at 5:38 pm

     He knows who owns him.
     • solkta 1.1.1

       12 October 2018 at 9:23 am

       Perhaps he actually has an opinion, as feeble as it may seem.
   • Gabby 1.2

     11 October 2018 at 6:20 pm

     Does Horeskin get a petrol allowance from the Cartel?
     • Kat 1.2.1

       11 October 2018 at 6:49 pm

       Hosk now considers the PM “a calculating politician” which is code for having the smarts to get the message to the ordinary voter. The fuel Cartel will be concerned enough to dish out some Koha. Watch for a piece from the Hosk on supermarket price rorting being another “anti market” point scoring exercise by the PM.
       • Morrissey 1.2.1.1

         11 October 2018 at 7:29 pm

         Heard recently on NewstalkZB…

         THE HOSK: Did you read my award winning column the other day?

         JACINDA ARDERN: Your satire column?

         ….Awkward silence….
         • corodale 1.2.1.1.1

           11 October 2018 at 7:56 pm

           …funny silence…
           • Dukeofurl 1.2.1.1.1.1

             11 October 2018 at 8:03 pm

             It was a little award. Best talk presenter , breakfast or drive. Don’t know his column has even won so much as a razzy.
         • Jimmy 1.2.1.1.2

           12 October 2018 at 9:17 am

           Good come back by Jacinda
           • Morrissey 1.2.1.1.2.1

             12 October 2018 at 9:39 am

             The silence was excruciating. I almost felt sorry for Hosking.
2. Ad 2

   11 October 2018 at 5:46 pm

   Business confidence survey is almost identical to National and Act survey, and Ganesh Nana from BERL goes: Well! Who’da thunk it!

   https://www.tvnz.co.nz/one-news/new-zealand/new-colmar-brunton-research-finds-business-confidence-politically-biased

   Business confidence is politically biased. Against Labour, whenever they are in government.

   Which is when you remind business how deeply subsidised they are by the government, and the taxpayer, every time they breathe in and out.
   • Kat 2.1

     11 October 2018 at 6:52 pm

     Wait till the dismal National opposition internal polling stats are leaked.
3. joe90 3

   11 October 2018 at 6:13 pm

   I fucking knew something was up with the feathered fiends.

   https://pbs.twimg.com/media/DpLrleXXgAEcaEP.jpg
   • greywarshark 3.1

     11 October 2018 at 6:16 pm

     Feathered fiends. Droll.
   • Andre 3.2

     11 October 2018 at 6:22 pm

     The line that birds were evolved from dinosaurs always had the whiff of a made-up cover story. The troof always comes out in the end!
   • Andre 3.3

     11 October 2018 at 6:28 pm

     Open your eyes and mind to the reality …

     https://birdsarentreal.com/pages/the-history
4. Ed 4

   11 October 2018 at 6:21 pm

   I found this story in the Guardian through Rachel Stewart’s twitter feed.
   She is one of the bravest and most independent journalists in new Zealand.

   The story supports comments I have put forward for a while.

   It may be an inconvenient truth for some on this site, but please could the people who attack me remember that these are the findings of Marco Springmann and his team at the University of Oxford – not my words.

   “It is pretty shocking,” said Marco Springmann at the University of Oxford, who led the research team. “We are really risking the sustainability of the whole system. If we are interested in people being able to farm and eat, then we better not do that.”

   “Feeding a world population of 10 billion is possible, but only if we change the way we eat and the way we produce food,” said Prof Johan Rockström at the Potsdam Institute for Climate Impact Research in Germany, who was part of the research team. “Greening the food sector or eating up our planet: this is what is on the menu today.”

   The researchers found a global shift to a “flexitarian” diet was needed to keep climate change even under 2C, let alone 1.5C. This flexitarian diet means the average world citizen needs to eat 75% less beef, 90% less pork and half the number of eggs, while tripling consumption of beans and pulses and quadrupling nuts and seeds. This would halve emissions from livestock and better management of manure would enable further cuts.

   In rich nations, the dietary changes required are ever more stark. UK and US citizens need to cut beef by 90% and milk by 60% while increasing beans and pulses between four and six times. However, the millions of people in poor nations who are undernourished need to eat a little more meat and dairy.

   Reducing meat consumption might be achieved by a mix of education, taxes, subsidies for plant-based foods and changes to school and workplace menus, the scientists said.

   Prof Tim Benton at the University of Leeds, who was not part of the research team, said: “Ultimately, we live on a finite planet, with finite resources. It is a fiction to imagine there is a technological solution allowing us to produce as much food as we might ever want, allowing us to overeat and throw food away.” He said the environmental burden of the current food system “undermines the ability of future generations to live on a stable and ecologically rich planet”.

   https://www.theguardian.com/environment/2018/oct/10/huge-reduction-in-meat-eating-essential-to-avoid-climate-breakdown?CMP=share_btn_tw
   • Ed 4.1

     11 October 2018 at 6:28 pm

     And these are the words of Victoria University’s Dr Geoff Bertram, whose broad research areas include climate change policy and environmental economics.

     Not my words.
     So when you curse me, you are cursing Dr Geoff Bertram.

     We’re going to have to reduce our livestock count pretty drastically, and that will have a “damaging and disproportionate effect” on the farmers whose greed and denial have already had a dramatic and disproportionate effect on the rest of us who wanted agriculture faced with a carbon tax back in the early 2000s.

     So far as I am concerned, New Zealand’s farmers have blown away the goodwill that might have earned them lots of compensation if they had agreed to be part of a progressive strategy a decade ago.

     https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12140055
     • Dukeofurl 4.1.1

       11 October 2018 at 7:18 pm

       No Bertram is an economic historian. While I’m sure he’s very well read his expertise is looking back. But I’d be very interested in his study on the economics of rogernomics.
       • Ed 4.1.1.1

         11 October 2018 at 7:33 pm

         Not my words.
         I copied the description of him from Jamie Morton’s introduction.
         • Dukeofurl 4.1.1.1.1

           11 October 2018 at 7:56 pm

           Who’s Jamie Morton ?
           But the spiel about farmers blown away Goodwill is Bertrams
     • corodale 4.1.2

       11 October 2018 at 8:03 pm

       I’ll talk to some mates at Fed farmers, see if we can dig up some shit on this dude 🙂
     • corodale 4.1.3

       11 October 2018 at 8:37 pm

       Sorry to be so technical, but
       the NOx equ. is a slip-to-shit on “environmental economic” orthodox supply/dem-curve hypnosis.
       Keep it to the ecological economics camp side-of-fence.
       Trusting JK and others would be aligned.

       Tru-ly, the approx pass of organic is more than enough to turn the tide to mixed farming sustainable, as per ha limit on N, both mineral and gas caps? – I have heard no better – soil adjusted regional level, tree to gully kind.

       That Fonterra stainless-steal can all be recycled, nationalise shares (for propping Cullen Kippt Fund as the USD ubiquitates), middle finger.
   • bwaghorn 4.2

     11 October 2018 at 7:29 pm

     Once it reaches 10 bill nz dairy farmers can probably afford to convert to growing food crops to feed a vegetarian population . If they all switched to arable farming now they would be going broke and leaving it to rot as there isn’t enough people to eat it .
   • corodale 4.3

     11 October 2018 at 7:59 pm

     Yeah. eat good road-kill today. Stupid pukeko. 2nzd a tray of free range eggs, but ya got to check them into a cup first – NZst!
5. joe90 5

   11 October 2018 at 7:05 pm

   Stopped clock?

   Many frontline police say decriminalisation of cannabis should be looked at seriously, ahead of a national referendum.

   https://www.radionz.co.nz/news/national/368483/arrests-for-cannabis-possession-fall-70-percent-in-20-years
   • Dukeofurl 5.1

     11 October 2018 at 7:21 pm

     It was a new product it still wouldnt be allowed to be sold, other than a few situations to get it on prescription
     • arkie 5.1.1

       11 October 2018 at 8:48 pm

       Alcohol as a new product wouldn’t even have a medicinal use, it’s not, however, and neither is cannabis. Both have ancient histories of cultural use, it’s just one of them has been commodified for private profit and the other criminalised. In both cases the costs of the harms they cause borne by society.
       • Dukeofurl 5.1.1.1

         12 October 2018 at 10:13 am

         What was the ancient cultural use in NZ ?
         plant genetics through plant breeding has changed for the weed sold today and that which was maybe smoked 2000 years ago.
         • arkie 5.1.1.1.1

           12 October 2018 at 11:07 am

           Again, this isn’t a good argument against cannabis either as alcohol doesn’t have an ancient cultural use in NZ either! All domesticated plant species have changed through breeding over thousands of years of horticultural use.
6. Fireblade 6

   11 October 2018 at 7:46 pm

   Steven Joyce lost his hole, but thinks he might find it in the next few years, or maybe not.

   https://www.newshub.co.nz/home/politics/2018/10/steven-joyce-stands-by-fiscal-hole-despite-5-5-billion-surplus.html
   • Dukeofurl 6.1

     11 October 2018 at 8:07 pm

     Trouble is the labour program was only costed for a few years…..he can’t project further than that.
   • Kat 6.2

     11 October 2018 at 8:17 pm

     National opposition tactics are predictable though, they will bang on about the surplus being cash stolen from “hard working Kiwis” and that the govt should give it back by way of tax cuts but the if the govt were to do offer tax cuts in the future suddenly that would be an election bribe. Simon Bridges is toast and when the PM romps back into power in 2020 the likes of Joyce and the poodles in the media will finally shut it.
   • BM 6.3

     11 October 2018 at 8:28 pm

     The government borrowed 6.5 billion dollars through the SOEs to make the books look better even though it’s at a much higher interest rate, that automatically wipes out any surplus.

     https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12104552

     They also revalued the roading network that added another 5 billion of “money” to the balance sheet.

     The government is not flush with cash, they’re actually billions and billions of dollars in the red.

     Which is why Robertson is doing his putting it aside for a rainy day bullshit, it’s all a cheap parlour trick, there’s no money to spend.

     Media in this country sucks.
     • Charlie 6.3.1

       11 October 2018 at 8:46 pm

       Especially idiots in the media like Hoskings and dimwits who know nothing about economics. Joyce has been shown up as the bullshitter he is.
     • Fireblade 6.3.2

       11 October 2018 at 9:45 pm

       Grant Robertson is a clever man. He knows how to jugle the figures in order to show a surplus. The National Party only managed to do that once in nine years. Steven Joyce and Bill English were hopeless.
       • BM 6.3.2.1

         11 October 2018 at 10:12 pm

         So you think what Robertson is doing is a good thing, I can’t see why?

         For a start, he’s given a false impression of what the true state of the economy really is, he’s going to have every public servant yelling at the government for a pay increase, he’s going to have every motorist calling the government arseholes for not cutting fuel taxes.

         He’s created a situation where everyone’s going to be pissed off and disappointed, if he was smart he would have gone with a very minor surplus not this 5 billion dollar smoke and mirrors nonsense he’s come up with.
         • Dukeofurl 6.3.2.1.1

           12 October 2018 at 10:09 am

           Same accounting methods as Key and English. The DHBs and Transit were borrowing money in their own name.

           Key was even putting up fuel tax and GST and other levies. Cest la vie
           • Fireblade 6.3.2.1.1.1

             12 October 2018 at 12:48 pm

             BM views the world through blue colored glasses.

             https://www.coollikepie.com/uploads/8/1/5/4/8154796/156095_orig.jpg?0
7. joe90 7

   11 October 2018 at 8:08 pm

   Perhaps Putin’s style of dealing with those who cross him is why Trump kisses his arse at every opportunity.

   Falling from balconies, defenestration, poisonings, involuntary suicides, helicopter crashes, and now death by dog leash.

   LONDON—Nikolai Glushkov, a Russian émigré, lived alone in a weather-beaten row house in South London with an aging dog and a cat named Braveheart. It was the waning days of March, and he was readying himself for something big.

   The onetime finance director of Russia’s flagship airline, he was preparing for a trial in a London court. He told friends it would prove his innocence of longstanding financial charges by Russian authorities and expose Aeroflot Russian Airlines as a front for Russian security services. The case could also prove embarrassing for President Vladimir Putin, by illuminating a piece of post-Soviet history the Russian government has tried to erase.

   After running out of funds to pay his own lawyers, Mr. Glushkov, 68 years old, planned to represent himself, and had amassed tomes on British law and forensic accounting. “This case was his purpose in life,” said Georgy Shuppe, a friend and former business partner. “He was not going to give up.”

   On the eve of a preliminary court hearing, Mr. Glushkov stopped answering his phone. When his daughter drove to his house to investigate, she found him inside, strangled to death with a dog leash. Later that night, dozens of antiterror police cordoned off the house and began digging holes in his yard.

   […]

   Mr. Glushkov’s death has sent a strong message to Russia’s émigré community. He was part of a trio of once-powerful Russians who, after amassing fortunes during Russian privatizations, helped build the political system that brought Mr. Putin to the presidency. After falling out of favor, the trio fled to England and tried to mount opposition to their former protégé, only to see their efforts disrupted by untimely deaths and costly litigation.

   Their leader, Boris Berezovsky, was found hanged in a bathroom of his house in Berkshire, England, in 2013, in a death that was initially called a suicide but now police are investigating anew. Mr. Berezovsky’s longtime security assistant, former Russian security officer Alexander Litvinenko, was killed in 2006 by a fatal dose of the radioactive isotope polonium-210, a murder the U.K. blamed on Russia. Another partner, Badri Patarkatsishvili, died of a heart attack in 2008, in what police have deemed natural causes.

   Mr. Glushkov, Mr. Berezovsky’s right-hand man, was the last alive.

   https://www.wsj.com/articles/a-trio-of-wealthy-russians-made-an-enemy-of-putin-now-theyre-all-dead-1539181416?mod=e2fb
8. Kat 8

   11 October 2018 at 8:33 pm

   Interesting angle from the Herald, a piece today from Brian Fallow that amounts to a bit of a slap down for the Hosk: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12140732
9. joe90 9

   11 October 2018 at 9:00 pm

   Woman calls the popo on whales.
   • Adrian 9.1

     12 October 2018 at 8:35 am

     Yet more evidence, as if we needed it. that Americans are the stupidist people on Earth.
10. JC 10

    11 October 2018 at 11:15 pm

    “There is simply no precedent for Hurricane Michael”

    https://www.popsci.com/hurricane-michael-record-breaker

    “Hurricane Michael made an “unprecedented” landfall on the northern Gulf coast of Florida Wednesday afternoon (Oct. 10). Just as it came ashore, meteorologists with the National Hurricane Center (NHC) released data showing that the rapidly strengthening storm made landfall as the third-strongest hurricane in continental U.S. history.

    The Intergovernmental Panel on Climate Change (IPCC) released its landmark fifth report Monday (Oct. 8). It found that, according to the best available science, “the total number of tropical cyclones is projected to decrease under global warming, whilst the most intense (category 4 and 5) cyclones are projected to occur more frequently.”

    ….. “In other words, this could be the new normal.”

    https://www.livescience.com/63798-hurricane-michael-more-instense-than-katrina.html

    http://hypotheticalhurricanes.wikia.com/wiki/Hurricane_Michael_(2018)

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