Open mike 24/07/2010

Written By: - Date published: 6:00 am, July 24th, 2010 - 17 comments
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17 comments on “Open mike 24/07/2010”

  1. The Chairman 2

    The doubling of the home murder rate last year has gone unnoticed because domestic violence is still largely ignored by New Zealanders, a former police officer says.

    http://www.stuff.co.nz/national/crime/3953533/Stress-linked-to-rise-in-murder-at-home

  2. The Chairman 3

    Air NZ turns guns on airport deal
    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10660852

    Queenstown business and community leaders want their airport back
    http://tinyurl.com/347ooem

  3. The Chairman 5

    Overseas investors to enjoy a higher level of protection than local counterparts?
    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10653961

  4. The Chairman 6

    Brian Gaynor: Acquisition underlines market shortfalls
    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10660821

    • BLiP 6.1

      While I still maintain that Gaynor is the average punter’s best friend when it comes to the ins and outs of the market, I am disappointed with his position on this. Yes, the New Zealand markets are pathetic and weak – but the reason isn’t a lack of sophistication and entrepreneurship amongst investors; rather, the issue is that you’d have to be a complete mug to put your money into the unregulated, casino/wild-west saloon that the New Zealand stock market is. The fact that the government won’t tighten up is indicative of its tacit approval, perhaps even calculated design, for the sale of Aotearoa to international capital. Whipping “mom’n’pop” Kiwi investors for not risking their life savings in the casino is a shallow analysis.

      • Bob Stanforth 6.1.1

        Labour had 9 years to do something about it – why didnt they? Just asking…

      • The Chairman 6.1.2

        I’ve got a bit of time for Gaynor and his regular readers will know that he has indeed highlighted the lack of market supervision and investor protection in our market place (albeit, not in this particular piece).

        When looking for cause, one needs to take the larger picture into account.

        There are a number of reasons why our markets are weak and company stewardship is amongst them.

        I concur with your sentiment in regards to Government’s failure to effectively intervene – and in many cases they were forewarned of dangers of their incompetence so it dose leave one questioning their motive.

        Mum and dad investors turned to property as our market failed to benefit them and our banking sector was only to pleased to help with the growth in that sector. As we all know, foreign investors largely funded this. The banks borrowed short and lent long, the principal entered and stimulated the local economy but the interest incurred has left the nation with a fiscal shortfall.

        Similar occurs with foreign ownership, profits head offshore (as Draco T Bastard has highlighted in the post above) also leaving the nation with a fiscal shortfall. Predominantly, it’s our most lucrative sectors that are in foreign control.

        But it gets worse. Our trade imbalance also sees a large percentage of the benefits arising from consumer spending head offshore. The shelves in our stores are predominantly stocked with imported goods.

        We have a low pay base. Foreign ownership deprives us of our earning potential. We spend more than what we earn (largely funded from offshore). We import more than we produce. And local consumer spending predominantly goes on goods provided from offshore.

        As a nation, is it any wonder we are so broke?

        Re: Whipping “mom’n’pop’ Kiwi investors for not risking their life savings in the casino is a shallow analysis.

        Gaynor wasn’t totally blaming Mum and Dad investors. Nevertheless, Mum and Dad investors have decided to shun the markets and now the markets are working on getting the law changed so as to force us all to invest – compulsory Kiwisave. And I see Mallard is for it.

        Can you believe it? Mum and Dad investors have just recently lost billions, new regulation is yet to be set in place, and they are calling for compulsory Kiwisave?

    • Draco T Bastard 6.2

      These offers were successful because we didn’t have sufficient savings and capital to match the Australian acquirers.

      Actually, they were successful because we allowed foreign ownership. If that hadn’t been allowed then it wouldn’t have happened and, as our businesses grew, we would have had more capital to invest. Foreign ownership is bad for the economy.

      Once again we sold these forests far too cheaply because we didn’t have sufficient savings and risk capital to take a long-term view.

      No, once again they were sold because we allowed foreign ownership.

      Asian investors have now spotted the massive potential in our dairy and food industry and, once again, we don’t have sufficient capital to compete with them.

      And again…

      In the 1980s/90s our really stupid governments (in cahoots with our really stupid business owners and managers) set us up to fail by allowing foreign ownership and now we’re failing.

  5. Bill 7

    What is it with Goff?

    Why is it that when he starts up I just want to tell him to stfu?

    Well, I think I might have a partial answer.

    Back in the day we had sport commentators on radio. And because they were commentating over radio, they had to state the obvious. Some of these commentators moved to TV and took there habit of stating the obvious with them. Which was annoying.

    And Goff is like one of those commentators. But worse. Because he is commentating on the bloody action re-play! And he’s got that whole strangely emphasised stop…go.stop…go….stop thing going on with his speech like, actually…all that jabbing staccato, is that a speech pattern we use when we are really hyped up and on the verge of expressing physical aggression?

    “And so Smith. passed the ball to Jones. who held it for a second. before crossing it over the heads of two defenders. to where McDonald was waiting. and he. put it in the net. for a goal. Which means that another goal. was scored.”

  6. Adrian 8

    You have nailed it, Bill. For God’s sake get him some decent coaching and advice for all our sakes. He appears to be trying to give things too much emphasis without running the risk of putting his foot in it, but unfortunatley it just sounds laboured ( sorry, unintentional) but I can’t think of a more apt description.

    • Bill 8.1

      Taking Goff from the make belief commentary above to a dancing heart felt…

      “Go-o-o-a-a-l! Woo-hoo! Kiss my bare, lilly white arse!”

      Not do-able.

  7. Jum 9

    What does that say about New Zealanders who prefer liars like JKeyll, Hide and English than Goff who doesn’t quite sound right. Give me strength.

    All this crap about New Zealanders being clever and understanding who to vote for – nonsense. They just want money and they think that selfish, narcissistic Key is just the person to give it ’em because he’s got millions. He’s not. He took those millions off other people.

    If someone points out to me that that money is just paper money, created from no gold base, not taken from ‘people’ then it merely proves my point about the complete lack of substance in anything in or surrounding the national party leader. In fact I can hear him laughing from here. He’s laughing at us as we try to survive from day to day in the brave new world he and his kind are preparing for us. Sadly, NZers aren’t looking past the pasted smile that hides the real agenda. But Key knew that.

    I hope the media and political commentators like Colin James are watching carefully when that man they think is so wonderful slowly reduces this country down to a fiefdom, it’s pride gone and its people broken.

    But, Kiwis don’t care right now. Kiwis aren’t interested in 2 years down the track when we’re owned by ‘some one else’s country’ and our minimum wage set in concrete has been chipped away… They’ve learnt well from the BusinessRoundtable of borderless scavengers about ‘why wait; you can have it now’, ‘we’ll lend you the money; you’ve got 36 months to pay…’ and are now in hock up to their eyeballs. Those so called business leaders are the people who should be in prison, with JKeyll and Hide and English the grinning hyenas right in there with them. Double-bunk ’em too. They’ve been up one another’s backsides the whole time they’ve been in control.

    They’re embarrassing on the world stage. New Zealand had a good history built on respect for our independent thinking, our global inclusiveness and our diplomacy. Now it’s in tatters.
    New Zealanders know what they’re doing? Bah.

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    by Daphna Whitmore Every Sunday for the past two months unionists from First Union, with supporters from other unions, have set out to the Ihumatao land protest, put up gazebos and gas barbeques, and cooked food for a few hundred locals and supporters who have come from across the country. ...
    RedlineBy Daphna
    1 week ago
  • Climate Change: The wrong kind of trees?
    Newsroom today has an excellent, in-depth article on pine trees as carbon sinks. The TL;DR is that pine is really good at soaking up carbon, but people prefer far-less efficient native forests instead. Which is understandable, but there's two problems: firstly, we've pissed about so long on this problem that ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • No freedom of speech in Turkey
    Canan Kaftancioglu is a Turkish politician and member of the opposition Republican People's Party (CHP). Like most modern politicians, she tweets, and uses the platform to criticise the Turkish government. She has criticised them over the death of a 14-year-old boy who was hit by a tear gas grenade during ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Speaker: Tadhg Stopford: Why I’m standing for the ADHB
    Hi there, just call me Tim.We face tough problems, and I’d like to help, because there are solutions.An Auckand District Health Board member has nominated me for as a candidate for the ADHB, because her MS-related pain and fatigue is reduced with hemp products from Rotorua.  Nothing else helped her. If I ...
    1 week ago
  • Good little vassals
    The Inspector-General of Intelligence and Security has published their report on whether the SIS and GCSB had any complicity in American torture. And its damning. The pull quote is this:The Inquiry found both agencies, but to a much greater degree, the NZSIS, received many intelligence reports obtained from detainees who, ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Who Shall We Turn To When God, And Uncle Sam, Cease To Defend New Zealand?
    Bewhiskered Cassandra? Professor Hugh White’s chilling suggestion, advanced to select collections of academic, military and diplomatic Kiwi experts over the course of the past week, is that the assumptions upon which Australia and New Zealand have built their foreign affairs and defence policies for practically their entire histories – are ...
    1 week ago
  • The Politics of Opposition
    For most of the time I was a British MP, my party was out of government – these were the Thatcher years, when it was hard for anyone else to get a look-in. As a front-bencher and shadow minister, I became familiar with the strategies required in a parliamentary democracy ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • More expert comments on the Canadian fluoride-IQ paper
    The Green et al (2019) fluoride/IQ is certainly controversial – as would be expected from its subject (see If at first you don’t succeed . . . statistical manipulation might help and Politics of science – making a silk purse out of a sow’s ear). Anti-fluoride campaigners have been actively promoting it ...
    2 weeks ago
  • The return to guerrilla war in Colombia
    by Gearóid Ó Loingsigh On August 29th a video in which veteran FARC (Revolutionary Armed Forces of Colombia) commander Iván Márquez announced that they had taken up arms again was released. There was no delay in the reaction to it, from longtime Liberal Party figure and former president Uribe, for ...
    RedlineBy Admin
    2 weeks ago
  • Air New Zealand identifies this enormous plot of unused land as possible second airport site
    Air New Zealand couldn’t believe its luck that this seemingly ideal piece of real estate had so far gone entirely unnoticed. Air New Zealand’s search for a site to build a second Auckland Airport may have made a breakthrough this afternoon, after employees scanning Google satellite imagery spotted a huge, ...
    The CivilianBy admin
    2 weeks ago
  • Redline on the Labour Party
    No-one on the anti-capitalist left in this country today puts forward a case that Labour is on the side of the working class.  There are certainly people who call themselves ‘socialist’ who do, but they are essentially liberals with vested interests in Labourism – often for career reasons. Nevertheless, there ...
    RedlineBy Admin
    2 weeks ago
  • New Fisk
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Labour’s failure
    When National was in government and fucking over the poor for the benefit of the rich, foodbanks were a growth industry. And now Labour is in charge, nothing has changed: A huge demand for emergency food parcels means the Auckland City Mission is struggling to prepare for the impending arrival ...
    No Right TurnBy Idiot/Savant
    2 weeks ago

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