Daily review 27/07/2022

Written By: - Date published: 5:30 pm, July 27th, 2022 - 26 comments
Categories: Daily review - Tags:

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 …

26 comments on “Daily review 27/07/2022 ”

  1. pat 1

    Just because..

  2. Robert Guyton 2

    The Prime Minister talks about Foot & Mouth (not Luxon this time – he's foot-in-mouth)

    https://www.facebook.com/watch/live?ref=watch_permalink&v=7902213439820772

  3. Ad 3

    Looks like it's all on with Tuiono for Green leader tilt against Shaw.

    • weka 3.1

      he's still thinking it through afaik. Having a hard time getting the info though, they're not making it easy /irony.

      • arkie 3.1.1

        This sums up the general approach regarding coverage of the Greens:

        "Kia ora e te whānau, thank you – first of all, thank you for blowing up my cellphone. I've never had so many media people hit me up before, and so I guess my first appeal is the next time I put out a press release on deep sea mining, or supporting pay parity in ECE, or supporting Pasifika overstayers please hold onto that energy and get in contact with me."

        The question was whether he would stand – but his statements exuded uncertainty.

        https://www.rnz.co.nz/news/political/471713/a-firm-maybe-greens-teanau-tuiono-reflects-on-leadership

        • Robert Guyton 3.1.1.1

          Remember when Jacinda Ardern declined to influence the decision on cannabis reform…

          Marama Davidson should publicly back James Shaw, now.

          I'll be very disappointed if she keeps mum.

          • weka 3.1.1.1.1

            I'm hoping they're all working through what to do here (rather than it being a taking sides, politicking/campaigning thing).

            • Robert Guyton 3.1.1.1.1.1

              I believe they are. Some issues present themselves as a result though.

              If the whole parade was a ploy to capture the fickle attention of the public, it has gone pretty well, I'd say.

              • arkie

                That's largely accidental and it's a shame the focus is on largely superficial title/role change and not on real challenges of climate change and inequality. Hopefully the MPs can continue use the attention (of the media, let's be honest here) to point out that contradiction, seeing as it'll be decided by party members, not the public at large.

                As to Marama Davidson backing Shaw:

                "because I'm the co-leader and have obvious influence I'm not going to comment on his or any potential candidates' campaigning because again that is up to the members to decide on".

        • weka 3.1.1.2

          cheers

        • Anker 3.1.1.3

          A very firm not sure where I have landed from Tuiona, who hadn't thought of contesting for the leadership till after the week. Think of the party Tuiono

      • Jester 3.1.2

        It should take him about 5 seconds to think it through. Shall I stand against Shaw and be totally humiliated in a one sided vote?

        Time to piss or get off the pot as they say.

        • weka 3.1.2.1

          he's facilitating talking with the young greens and the left greens. That's a good thing. Bigger picture.

          • Robert Guyton 3.1.2.1.1

            And I agree with that view also, weka.

            To have "bashed" the malcontented yoofs, green and rainbow, into submission would have been very un-Green, wouldn't it.

            There seems to be plenty of talking and listening, giving and taking time going on.

            Very unlike the behaviour of the "straighter" parties, I'm pleased to say.

            • weka 3.1.2.1.1.1

              setting up a crisis for next year's AGM if this one gets ignored or dismissed. Or the year after.

          • Jester 3.1.2.1.2

            He's wasting his time. Do you think the Green Party would increase their popularity with him and Marama as co leaders, compared to Marama and James?

    • Muttonbird 3.2

      What's happened has happened so it's probably a good idea to put someone up against Shaw so that the entire episode at least has some meaning.

      • arkie 3.2.1

        Julie Anne Genter has run before, I’d imagine she’s considering it again.

        Seeing as any change in party hierarchy will be determined by party members the search for meaning is largely philosophical.

  4. Incognito 4

    Not everything we read about grassroots protests is true or even truthful. Even Trump has jumped on the bandwagon of Dutch farmers.

    https://sentientmedia.org/what-the-media-missed-covering-dutch-livestock-farmer-protests/



      • Incognito 4.1.1

        It started (here on TS) with a YT clip (what else?) with zero commentary or discussion by the poster. Quite possibly they realised they had no idea WTF they were talking about and were simply parroting RW talking points from yet another academic wannabe YT star coming from nowhere and going nowhere and who’s already amassed 259 subscribers; it must be good for his CV and promotion prospects.

        https://thestandard.org.nz/daily-review-18-07-2022/#comment-1900864

        • Poission 4.1.1.1

          The Haber Bosch synthetic nitrogen process has provided over 1/2 of the worlds fertilizer since 1940,this supports around 45% of the worlds population, a world where both the health and life expectancy has increased.

          Without the use of nitrogen fertilisers we could not secure enough food for the prevailing diets of nearly 45% of the world’s population, or roughly three billion people. These diets are excessive in rich countries, adequate in China, but inadequate in much of Africa. The reason for this is that about 85% of all
          food protein comes from cropping, whereas only 15 % is derived from grazing and aquatic catches. In China synthetic fertilisers already account for more than 60% of all nitrogen inputs (Ma et al. 2010) as they do in India (Pathak et al. 2010). By 2025 more than half of the world’s food production will depend on Haber-Bosch synthesis, and this share will keep rising for at least several more decades. Unfortunately, this will cause even greater nitrogen losses in the environment.

          http://www.vaclavsmil.com/wp-content/uploads/docs/smil-article-worldagriculture.pdf

          Here is another way to put it in the carrying capacity of earths population.

          https://ourworldindata.org/how-many-people-does-synthetic-fertilizer-feed

  5. joe90 5

    A little bedtime reading.

    Prosecutors who are questioning witnesses before a grand jury — including two top aides to Vice President Mike Pence — have asked in recent days about conversations with Trump, his lawyers, and others in his inner circle who sought to substitute Trump allies for certified electors from some states Joe Biden won, according to two people familiar with the matter. Both spoke on the condition of anonymity to discuss an ongoing investigation.

    The prosecutors have asked hours of detailed questions about meetings Trump led in December 2020 and January 2021; his pressure campaign on Pence to overturn the election; and what instructions Trump gave his lawyers and advisers about fake electors and sending electors back to the states, the people said. Some of the questions focused directly on the extent of Trump’s involvement in the fake-elector effort led by his outside lawyers, including John Eastman and Rudy Giuliani, these people said.

    https://wapo.st/3b6k0Q3 (WaPo freebie)

    edit:

    .
    Previously undisclosed emails provide an inside look at the increasingly desperate and often slapdash efforts by advisers to President Donald J. Trump to reverse his election defeat in the weeks before the Jan. 6 attack, including acknowledgments that a key element of their plan was of dubious legality and lived up to its billing as “fake.”
    The dozens of emails among people connected to the Trump campaign, outside advisers and close associates of Mr. Trump show a particular focus on assembling lists of people who would claim — with no basis — to be Electoral College electors on his behalf in battleground states that he had lost.

    https://archive.ph/vI3N3 (nyt)

  6. Poission 6

    ACT calls Robertson on QE strategy and the government guarantee on the RBNZ asset purchases.

    “Finance Minister Grant Robertson admitted in Parliament today that he made an $8.46 billion mistake, underwriting the Reserve Bank’s inflationary Large Scale Asset Purchase program, but he has no regrets,” says ACT Leader David Seymour.

    “Robertson essentially took a bet that he’d get the free money the Government wanted to spend -$54 billion dollars that the Reserve Bank provided the Government in return for Government Bonds- for rock bottom interest rates. He lost the bet as interest rates rose, and now we’re all on the hook.

    https://www.scoop.co.nz/stories/PA2207/S00185/robertson-loses-846-billion-no-regrets-for-epic-own-goal.htm

    This transfers to an interest bearing debt (from an asset on the RBNZ balance sheet) and the treasury budget update did not fully clarify ( or indeed quantify) the risk.

    The fiscal forecasts already include an assumed fiscal impact from the Large Scale Asset Purchases (LSAP) programme (including the recently announced gradual reduction from the programme) and the Funding for Lending Programme, which have been implemented by the Reserve Bank. There is a risk that the fiscal impact of both these programmes may differ from what is assumed in the fiscal forecasts. This may include changes to expenses from the LSAP programme as a result of interest rate risk. Any additional use of Alternative Monetary Policy tools in response to future shocks could impact key fiscal indicators.

    https://www.treasury.govt.nz/sites/default/files/2022-05/befu22.pdf

    The RBNZ signaled the offloading to the debt management office,with timing and management of the securities by Goldman Sachs.