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notices and features - Date published:
5:30 pm, November 30th, 2017 - 42 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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And thank Christ the Holy Jesus and his Blessed mother that we have a state next door with the balls to take on all of our banks head on:
http://www.theage.com.au/business/banking-and-finance/big-four-banks-tell-government-to-set-up-inquiry-20171129-gzvlfr.html
Australian Royal Commission of Inquiry into banking launched, even though Turnbull and all the banks had resisted it.
He’s only doing it because the top four banks themselves all backflipped simultaneously and called on the government to establish an inquiry in a bid to end the uncertainty plaguing the sector. Hail Mary indeed.
Betcha Norris and Key are in this up to their eyeballs wanting to save their own necks and share options: take the hit now rather than lose even more of it.
After years of bank cover-ups and scandals and mealy mouthed regulation, the people have been heard and a royal commission called into the banks and financial services.
It’s been a long time coming and, contrary to all the rhetoric, the economy won’t plunge into a recession, confidence in the banks won’t evaporate and it won’t hurt our financial system.
http://www.straitstimes.com/asia/australianz/australia-calls-banking-inquiry-to-quell-public-anger-in-wake-of-scandals
No, it’s not going to do an audit of the entire capitalist system.
But yes, it will make those Aussie banks who have 90% of our mortgages even more cautious, even harder, ever-more cost-stripping, and have an overall negative impact on our housing market.
Just another hit to New Zealand’s mortgage-(ahem middle)-class.
Sadly Ad, Turnbull’s announcement today is less about the people being heard and everything about his own premiership entering the endgame phase and the Coalition government in Canberra going into panic mode.
Ah, so we can be fairly certain that the terms of the inquiry will be fairly tight and that the conclusion will be that the banks do nothing wrong.
115 dead.
No prosecution.
Shame New Zealand.
what really gets me is that they have successfully distracted attention from where the prosecution and responsibility lies.
The Christchurch council who allowed the damaged building to be occupied after the first quake.
shame
As an engineer myself I’m probably biased, but I have to say I’m not surprised the Police decided this was unlikely to succeed in Court.
The root cause of the design failures is simple, Alan Reay’s key staff member who should have done the job, was experienced and qualified and may well have avoided the critical mistakes … resigned shortly after the design contract had been awarded.
As much as we can criticize Reay in hindsight for then proceeding with a far less experienced staff member he hoped and imagined was capable, there is little to no evidence this was done with malice or as part of an ongoing reckless pattern of behaviour.
It was in essence a bad error of judgement, but a one off mistake with disproportionate consequences. No jury was ever likely to convict on that basis.
The fact is, humans are fallible. We all know this, and accept there is a threshold of culpability below which we acknowledge sometimes really bad things happen without demanding a pound of flesh for every transgression. Seay himself has acknowledged the tragic consequences of his error and if I understand correctly has never worked as an engineer again.
For the families of the victims I accept this argument will fall short, and I’m sorry for them too. But in the wider scheme of things I’m comfortable with this outcome; in this sort of tragedy I’m far more inclined to redemption over retribution.
If he was a lowly electrician or gas fitter whose negligence resulted in death he’d be before the court quick smart.
Maybe. It would be interesting to compare some similar instances. Structural engineers do carry an almost unique burden of responsibility that isn’t common in most professions or trades, and current engineering practises do reflect this. I would imagine/hope the flawed thinking and processes that lead to the CTV collapse would be unlikely to occur in a modern setting.
I accept this is a tough decision and other people will feel differently about this. I’m not defending that, just expressing the alternate point of view.
I see that the new ANZ chair(John Key) is pushing Bitcoins on Facebook.
Link?
Come and go, not there currently.
Will put a link when I see it again.
I am sure it is a scam
I told ANZ and have had no sensible reply.
The man who spied and lied to New Zealand…..
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11948852
And that’s not a link to the subject at hand. Poor trolling effort 2/10
OH MY GOD – Just found the ad and the link that it has
http://notesfinance.review/
I always wondered who would believe stupid fake ads like that – Now we know.
I think you are right – it is a scam ad BUT
But nothing. It’s obviously a scam but you are so quick to come on here and bag key.
Nope not quick.
Messages to ANZ, and there scam reports BUT response.
Why has there been no attempt to remove the ad?
And Key fanboy James you are so quick to come on here and bag us.
Well you give so much material.
And that ad is in the Herald.
So the Herald is complicit?
No its NOT in the herald – look at the web address – its a false site.
The whole thing is false.
Please – And Im not taking the piss here.
PLEASE be more careful with this kind of thing if you use internet banking. If you fall for this – you could easily be fooled by some of the more ‘real’ looking bank phishing scams.
Its bad enough making a mistake – but nobody deserves their bank accounts to be emptied by assholes.
Clearly a fake but they’ve got Key’s smug persona and faulty moral position bang on!
This is why we can’t have democracy in New Zealand.
https://thedailyblog.co.nz/2017/11/30/this-picture-shows-why-we-cant-have-democracy-in-new-zealand/
cute dog
From the comment section of that link:
ESOTERIC PINEAPPLES says:
NOVEMBER 30, 2017 AT 8:49 AM
Part of the problem is that such a story goes over the head of most New Zealanders.
And there you have it. The majority of people are clueless as to what it really means. “Oh well” they think, “so John Key lied to us. Who cares if he did. They all lie to us”.
Pathetic yes, but its the truth.
100% Anne
Disgraceful performance by the forth estate all round…particularly the glaring lack by RNZ…..
A google search returns a grand total of 3 articles
http://www.newshub.co.nz/home/new-zealand/2017/11/edward-snowden-alleges-cover-up-over-mass-surveillance-in-new-zealand.html
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11948852
“But as far as the coverage today goes, this is a Tom-Thumb kind of dynamite. At one time Fisher’s piece would be dead-cert for the front-page splash. But the piece, which runs to 1500 words on the Herald site, doesn’t make today’s print edition at all. Nor has it yet been picked up, as far as I can see, by any other media outlet. National broadcaster RNZ? Not a sausage.”
https://thespinoff.co.nz/politics/29-11-2017/todays-big-nz-story-that-you-probably-missed-aka-a-victory-for-bullshit-and-delay/
O Tempora O Mores
Plus ça change, plus c’est la même chose.
We learn from history that no-one learns from history.
Especially in our commercialised society.
Hope I can plug this here.
If anyone is around on Tuesday night in Auckland please come to The Street Requiem at the town hall to honour people who have died on the street. Raising money for homeless charities, etc. Read about it here http://www.gals.org.nz/ And you can book tickets here http://www.ticketmaster.co.nz/event/24005321C7973123?bba=1 – $55/45 concessions $45/35 a ticket.
Also, Granny did a video http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11949689
Cheers Standardistas
Bahtiyar Duysak sounds like my kinda guy.
https://techcrunch.com/2017/11/29/meet-the-man-who-deactivated-trumps-twitter-account/
he says it was a mistake. Terrible interview, I still have no idea what happened.
On Duysak’s last day working at twitter someone complained that content in Trump’s account breached twitter’s terms. He did his job and started the process to deactivate it, packed up and left and despite the newsworthy out clause, the process followed through and the account was closed.
Right, so why did he start the deactivation process? And how come the out clause failed? And what were the series of coincidences he referred to?
He’s saying it was a mistake, but good on him if it wasn’t and he’s covering his butt now. The rest is unclear though.
Whoa, confronting….. and hurtful but if you can make it through to the second part, worthwhile, I think….
“I’m not racist, I’m just prepared for this type of war,” the White man rhymes. “I heard Eminem’s rap at the awards, who’s he fightin’ for?/Y’all can take that motherfucker too, he ain’t white no more/It’s like you wanna be so famous, you’ll do anything for attention and a little payment/I can’t take you nowhere without people pointin’ fingers/Pants hangin’ off your ass, you ain’t got no home trainin’.”
The second verse passes the conversation over to the Black man, who airs out the White man for his words against the Black community, shooting down each point that was made. He addresses police brutality, cultural appropriation, the use of the n-word and more.
http://www.xxlmag.com/video/2017/11/joyner-lucas-im-not-racist-video/
Choice… tnks …
… to steal a quote from Anne earlier ..
“And there you have it. The majority of people are clueless as to what it really means. “Oh well” they think, “so John Key lied to us. Who cares if he did. They all lie to us”.
Pathetic yes, but its the truth.
Opps! My Apologies Anne! I may have miscontrued a comment by you earlier.. intended for E P ….?
One of the more insightful articles I’ve read lately:
https://www.theguardian.com/media/2017/nov/29/vortex-online-political-debate-arguments-trump-brexit
Mostly I link to this with a sense of mea culpa; I’m no more immune to it than anyone else. Yet increasingly I’m over the outrage; it’s not just pointless, it’s destructive. An honest and provocative read.
The ” latest ” growth industry.
https://www.thecanary.co/uk/2017/11/28/forget-stereotypes-actually-rich-now-officially-breeding-like-rabbits-exclusive/
Oh FFS, what’s next, an annotated issue of The Protocols of the Elders of Zion (2017).
//
The head of a Russian Orthodox Church panel looking into the 1918 killing of Russia’s last czar and his family said it is investigating whether it was a ritual murder — a statement that has angered Jewish groups.
Father Tikhon Shevkunov, the Orthodox bishop heading the panel, said after Monday’s session that “a large share of the church commission members have no doubts that the murder was ritual.”
http://abcnews.go.com/International/wireStory/russian-orthodox-church-investigates-czars-killing-1918-51428080
One thing is for certain J90..
All the time you spend trawling the net will not enlighten you..nor will you ever know the ‘truth’…
Anything is possible..
‘spose they’ve gotta legitimise putin as the new tzar somehow. “Oh, it wasn’t us, it was the other“.
Being one that is usually highly critical at the lack of genuine journalism in New Zealand I’m happy to report that this is a really good read: https://interactives.stuff.co.nz/2017/12/the-demise-and-rise-of-andrew-little/