Open mike 29/09/2022

Written By: - Date published: 6:00 am, September 29th, 2022 - 68 comments
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68 comments on “Open mike 29/09/2022 ”

  1. Jenny are we there yet 1

    Very old joke. circa 1930s

    A woman greets a business man in a nightclub, and says, "Sorry to hear about the fire at your business"

    The business man replies "Shhh! tomorrow"

    https://www.stuff.co.nz/national/crime/300700362/multiple-fires-in-central-auckland-offices-being-treated-as-suspicious

  2. Excoriating Liz Truss is like shooting fish in a barrel. Even the IMF has said that her tax cuts/austerity/cruelty plan is shite. Here's Jonathan Pie.

    Bomber Bradbury splurged a (well referenced) rant:

    Lis Truss destroys UK economy with far right economic mythology | The Daily Blog

  3. Jenny are we there yet 3

    Ian threatens to become worst hurricane to hit Tampa in century

    Brian K. Sullivan, Bloomberg News

    ….Ian will ride up Florida’s west coast, dragging its most powerful side along the coastline before making landfall by the end of the week. The state will very likely see widespread surge, wave and rain impacts no matter where it hits, Ryan Truchelut, president of WeatherTiger, said in an email.

    ….. Hurricane Ian could be the worst storm to hit Tampa in 101 years, according to Chuck Watson, a disaster modeler with Enki Research. The area has had many close calls in recent years, but the last devastating strike on the Tampa-St. Petersburg area was a 1921 storm that would have caused US$30 billion today.

    https://www.bnnbloomberg.ca/ian-threatens-to-become-worst-hurricane-to-hit-tampa-in-century-1.1824307#:~:text=Hurricane%20Ian%20is%20gaining%20power%20as%20it%20nears,Center%20said%20in%20an%20advisory%20at%202%20a.m.

    I wonder how long will it be, before 'disaster modelers' are describing the ‘worst storm’ to hit a community, as the worst storm in a millennium?

    And what will that storm be like?

  4. Joe90 4

    Huge Bank of a England intervention to try and head off a potential financial catastrophe of Truss and Kwartang's making.

    https://twitter.com/EdConwaySky/status/1575128310740389889

    https://twitter.com/Peston/status/1575160338248761344

    • Poission 4.1

      the long gilt depreciation removed 1 trillion in value from pension funds and Insurance companies.

      It was an own goal by the gang of 4 as the financial markets did not like the mini budget.

      • joe90 4.1.1

        I know I should have sympathy those who'll suffer the losses but part of me says nah, let it burn. And then perhaps the pain caused will be enough to see the end of the low tax, hands off magic peddled by these clowns.

        • Poission 4.1.1.1

          Your Kiwi Saver will have exposure to the Gilts,as does the life insurance underwriters,As does the NZ super fund.

          Robertson went to the UK to make arrangements for NZ Gilts to be listed on the UK FTSE, in November,a position that does not need to be exercised at the moment.

    • alwyn 4.2

      This sounds very like what has been going on in New Zealand with the things Robertson and Orr have been up to.

      Still, what is a $9 billion loss between friends?

      What odds are you offering on Robertson re-appointing Orr as the Governor of the RBNZ? The man who failed abysmally at his job of controlling inflation but instead managed to lose $9 billion of our money.

      https://croakingcassandra.com/2022/09/15/the-9-billion-dollar-man/

    • Nic the NZer 4.3

      That Robert Peston thread starts to go wrong where it claims tax payers are ultimately paying for this. The BoE may even believe it but will never the less be able to make the same intervention as necessary to raise bond prices and regardless of any loss recorded on their balance sheet, as they just did.

  5. Sanctuary 5

    Given the debacle now unfolding in the UK, our MSM is strangley uncurious as to the link between Chris Luxon and the "highly opaque" extreme neoliberal UK think tank the Policy Exchange:

    Liz Truss "…then became head of economic and social policy at Policy Exchange, which was also listed by Transparify as “highly opaque”. Policy Exchange is the group that (after Porter left) called for a new law against Extinction Rebellion, which became, in former home secretary Priti Patel’s hands, the Police, Crime, Sentencing and Courts Act. We later discovered it had received $30,000 from the US oil company Exxon…"

    IMHO, it no coincidence that Luxon came back from the UK, where he was a "keynote speaker" at the policy exchange, spouting an incredibly hardline and extreme neoliberal policy agenda. The intellectual influence on Luxon since his return from the UK are clear, and the media owe it to NZ voters to inform them of the sort of faith based, neoliberal double down, policies the Policy Exchange advocates and appear to have been taken up bu the LOTO – and by extension, the National party.

    Make no mistake – the economic magical thinking that is tanking the UK at the moment is EXACTLY what Luxon has been proposing to anyone who will listen since his return from the UK – which isn't surprising, given the company he chose to keep while he was there.

    • Adrian Thornton 5.1

      "Given the debacle now unfolding in the UK, our MSM is strangley uncurious as to the link between Chris Luxon and the "highly opaque" extreme neoliberal UK think tank the Policy Exchange:"….my thoughts exactly..
      ..but then our MSM, and without the slightest hesitation, would like all it's consumers to turn off any and all critical thinking capacity that they might have, and believe that the Russians have just sabotaged their own Nord Stream pipe lines….the only good thing about the way they torture logic so brutally, is that the screams of it on the rack, most days on the morning radio, makes getting out of bed very easy for me.

      • Cricklewood 5.1.1

        It is amazing that theres been next to no discussion in our msm of the possibility that the sabotage was done to remove negotiations based on renewed gas flows from the table.

        • Adrian Thornton 5.1.1.1

          …exactly right, wonder why that is?

          • Sanctuary 5.1.1.1.1

            because it is uninformed speculation, that's why.

            The only half-decent reason I have read so far for this sabotage is the Russians are demonstrating their ability to attack underwater energy pipelines to and from Norway and the UK to mainland Europe to up the ante. Remember, Putin has the unshakeable belief common to all Fascists that the west is weak and it will eventually cave if he makes life hard enough. This also chimes with recent reports from Norway of all sorts of odd shenanagins occurring around their oil and facilities in the North Sea. They've upped the protection of their facilities, and you can have zero doubt that Russian surface and sub-surface activity is now under close watch by NATO submarines and other forces.

            Think about it – an attack by Russia on key underwater infrastructure would be difficult to prove (thus preventing NATO invoking Article 5) and would be calculated to upset the fine margins that Western European countried are working to to prevent major energy issues this northern winter.

            However, it is also upping the tension in what is becoming an increasingly tense just-short-of-war confrontation between NATO and Russia, where we are rapidly approaching a situation analogous to the situation between the supposedly neutral United States and Germany in the North Atlantic between April and December 1941 – a full on unofficial shooting war in all but name in a certain theatre. All pretence was dropped when Germany declared war on the United States in December 1941, which is where this war is heading – a full on NATO/Russia confrontation.

            • Cricklewood 5.1.1.1.1.1

              I get that part, just the other side seems also plausible. Once winter hits in earnest and people really start to struggle to stay warm in the face of high energy costs there is potential for civil unrest which would put plenty of pressure on politicians to go back to the table (appeasement) to get gas flows moving. Refusal to do so creates space for more pro Russian political groups to gain support that potentially drives a great big wedge in Nato.

              A destroyed pipeline removes that possibility.

            • Adrian Thornton 5.1.1.1.1.2

              “because it is uninformed speculation”…that is what the MSM is in the bussiness of doing…and on this very subject..today, as we speak.

              Why would anyone destroy their own infrastructure that they have just finishing spending the last few years building and not just take out someone else's pipe line…?

            • In Vino 5.1.1.1.1.3

              Sanctuary – Could the following possibly help you in your ruminations?

              ABC News @ABC – 9:59pm · 7 Feb 2022

              Pres. Biden: "If Russia invades…then there will be no longer a Nord Stream 2. We will bring an end to it."
              Reporter: "But how will you do that, exactly, since…the project is in Germany's control?"
              Biden: "I promise you, we will be able to do that."
              abcn.ws/3B5SScx

              End of quote. Personally, I cannot remember Putin threatening specifically any action like this…

  6. Drowsy M. Kram 6

    Stern words from Monbiot in The Guardian, but the UK has more pressing concerns.

    Earth is under threat, yet you would scarcely know it [28 Sept 2022]

    What is salient is not important. What is important is not salient. Most of the time, most of the media obsess over issues of mind-numbing triviality. Much of the world’s political journalism is little more than court gossip: who’s in, who’s out, who said what to whom. At the same time, issues of immense, even existential importance are largely or entirely ignored.

    With the exception of all-out nuclear war, all the most important problems that confront us are environmental. None of our hopes, none of our dreams, none of our plans and expectations can survive the loss of a habitable planet. And there is scarcely an Earth system that is not now threatened with collapse.

    The challenges of life on spaceship Earth have become too big too quickly – examples of localised collapse occur daily now. Local action will be where it's at, trying to roll with the global warming punches; to adapt so that as many as possible are 'comfortable', for now.

  7. joe90 7

    So things that don't work actually work.

    /

    https://twitter.com/DFisman/status/1574922349345898496

    Results

    Average COVID-19 mortality per million was 288.54 in countries without face mask policies and 48.40 in countries with face mask policies. In no mask countries, adjusted average daily increase was 0.1553 − 0.0017 X (days since the first case) log deaths per million, compared with 0.0900 − 0.0009 X (days since the first case) log deaths per million in the countries with a mandate. A total of 60 days into the pandemic, countries without face mask mandates had an average daily increase of 0.0533 deaths per million, compared with the average daily increase of 0.0360 deaths per million for countries with face mask mandates.

    Conclusions

    This study's significant results show that face mask mandates were associated with lower COVID-19 deaths rates than the rates in countries without mandates. These findings support the use of face masks to prevent excess COVID-19 deaths and should be advised during airborne disease epidemics.

    https://www.ajpmonline.org/article/S0749-3797(21)00557-2/fulltext#%20

    • Drowsy M. Kram 7.1

      yes And pity the public health leaders (Bloomfield, Fauci et al.)

      He has saved countless lives’: US scientists on Fauci leaving NIH role

      Politics Spread COVID: Developing a Public Health Response [22 Aug 2022]
      The circumstances leading to one million American deaths from COVID-19 are familiar to health educators: The pandemic was politicized from the outset; public health professionals were pushed aside and sometimes attacked; in many areas, compliance with public health recommendations was low, and vaccine uptake was much less than required to meet the threat; the public health community tied itself in knots trying to figure out how to cut through the plethora of misinformation; people in marginalized populations died in vastly disproportionate numbers in spite of years of preparation to prevent just that outcome. Cumulative mortality is equivalent to some of the “worst case” scenarios put forth by U.S. public health experts at the beginning of the pandemic even though we’ve worked so hard to prepare for this type of global pandemic, so what went wrong? Profound changes in American politics have led to a relationship between public health and swaths of society that is quite unlike what previously was assumed in the dominant models of public health; it was believed that public health experts would be treated as and listened to as the experts they are in the field. As the politicization of the pandemic and subsequent deaths show, these assumptions are no longer valid and we cannot assure the health of the public as we are required to do. The assumptions that we have operated under for so long in public health now must be deconstructed and revisited in order to move forward and prevent unnecessary future deaths. To do this, we must better understand the influence of American politics and we must more effectively engage in politics at all levels.

    • Gabby 7.2

      It might be that not having mask policies was a sign that governments didn't give much of a sht in other ways as well. Not the masks per se?

    • Poission 7.3

      Well haven't we done well with the removal of masks in enclosed settings with inadequate ventilation,.

      https://www.rnz.co.nz/news/national/475716/high-demand-at-christchurch-hospital-sees-surgeries-rescheduled

  8. bwaghorn 8

    Kinda gob smacked that it's lunchtime and the fact Kelvin Davis told a Maori woman she ain't moari enough hasn't been discussed her, dude needs to go.

  9. Blazer 9

    Ripley's…believe it or…not!

    'Kiwibank believed inflation had peaked at 7.3%​, and should fall back to within the Reserve Bank's target band of 1% to 3% in 2023.'

    BNZ and Kiwibank lift mortgage rates: 'It can be daunting to see mortgage rates increase', economist says | Stuff.co.nz

  10. joe90 10

    Pessimism from economist and Putin opponent Vladislav Inozemtsev.

    In recent years, all and sundry, with or without reason, have used the popular formula that "we woke up in another country." The resetting of the terms of the Kremlin usurper, the arrest of Alexei Navalny, the recognition of the "independence" of the DPR and LPR, and the Russian invasion of Ukraine – all these events received the same similar response. Today, however, it is probably worth recognizing that none of them deserved such an assessment: the mobilization announced on September 21 became a milestone that truly divided modern Russian history into “before” and “after”, an event that began the final countdown of the Putin era.

    […]

    With his decision to mobilize (and not at all about a “special military operation”), Putin announced the termination of the existing contract with the country. Today it has become clear that, on the one hand, the population no longer has personal freedoms, which for more than twenty years the Kremlin has guaranteed with a reduction or even absence of political ones; and, on the other hand, slavish obedience to power and non-interference in politics does not provide any economic growth.

    It must be understood that the redistribution of national wealth through theft and corruption of the last twenty years cannot be compared with its destruction in the aggressive war waged by Russia today. The largest amount confiscated from an official or security official (the case of Colonel Zakharchenko), which once shocked Russia, corresponds to spending 6 hours, and the cost of “Putin’s palace” mentioned in Navalny’s investigation corresponds to 2 days of continuation of the Ukrainian adventure (which, as now Obviously, it will only get more expensive over time.

    Two years ago, I spoke of how the 2020s would be “a time of terror and pure authoritarianism” for Russian power, suggesting that such tools of dominance could help Putin rule throughout the decade. Today, this forecast has to be changed: madness has reached a scale that cannot be maintained even for several years.

    “The Russian economy,” I wrote in early March, “will die by winter ,” and now I think I was right…

    https://theins.ru/opinions/inozemtsev/255405?fbclid=IwAR0vn8qQpDdG5-gkETY5n-2kJ8Vwomu8XCf6ZkHDj6ZReEwVLICD7tXTupc

    google translate

  11. DB Brown 11

    How are we all feeling about the new normal?

    https://twitter.com/wxkaitlin/status/1575188234010705920?

  12. SPC 12

    Juice Media talks to an eco-socialist Sabrina Fernandes about the Brazilian election.

    And why …

  13. Anne 13

    For the first time in years I stopped off online to ZB news. Never again.

    Saw this from Kate Hawkesby – the other half of the Hosk.

    Pot calling kettle black? You bet.

    I haven't been following the case of the Davis/Chhour row, so it may well be he went too far. But anyone who knows Kelvin or had a conversation with him will be able to tell you he is one straight-up guy. If he lost it you can be sure he had grounds for doing so:

    https://www.newstalkzb.co.nz/on-air/early-edition/opinion/kate-hawkesby-kelvin-davis-how-maori-are-you-routine-yesterday-was-a-disturbing-trip-backwards/?dicbo=v2-23285ec58ee70d7a2d7b42daf6772842

    Nope. I haven't listened to the audio. That would be too stressful. I'm just going on the written word.

  14. Anker 14

    https://www.nzherald.co.nz/nz/nurses-warned-plan-to-turn-down-extra-shifts-next-week-likely-illegal/QIGZ355EZM6DCOQM2YCKOZHXKU/

    Boy they Health NZ sure no how to keep their staff happy.

    What the hell are these over payed bureaucrats playing at?

  15. Jimmy 15

    Well it's about time! Pity it took the public backlash of marches and protests to finally get some action against a ridiculous sentence.

    Crown appeals teen rapist Jayden Meyer's home detention sentence – NZ Herald

    Appeal launched against nine-month 'Home D' sentence for teen rapist | Stuff.co.nz

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    BeehiveBy beehive.govt.nz
    1 week ago
  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    2 weeks ago

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