Posts Tagged ‘moral hazard’
Christchurch earthquake & moral hazard
Written By: - Date published: 12:00 am, September 9th, 2010 - 99 comments
Fran O’Sullivan joins us in asking why the Government was so quick to completely bailout the South Canterbury Finance investors yet is so miserly with quake victims. The Right cries ‘moral hazard’ when it comes to helping out quake victims; we didn’t hear that over SCF. Fortunately, we can help those in need and avoid creating moral hazards.
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- Choosing your fights
My daily news diet is not what it once was.It was the TV news that lost me first. Too infantilising, too breathless, too frustrating.The Herald was next. You could look past the reactionary framing while it was being a decent newspaper of record, but once Shayne Currie began unleashing all ...6 hours ago - Hit The Road Jack
Hit the road Jack and don't you come backNo more, no more, no more, no moreHit the road Jack and don't you come back no moreWhat you say?Songwriters: Percy MayfieldMorena,I keep many of my posts, like this one, paywall-free so that everyone can read them.However, please consider supporting me as ...11 hours ago - Review: The Narnia books, by C.S. Lewis (1950-1956) – Part One
This might be the longest delay between reading (or in this case re-reading) a work, and actually writing a review of it I have ever managed. Indeed, when I last read these books in December 2022, I was not planning on writing anything about them… but as A Phuulish Fellow ...1 day ago - Sabin 33 #11 – Is solar energy more expensive than energy from fossil fuels?
On November 1, 2024 we announced the publication of 33 rebuttals based on the report "Rebutting 33 False Claims About Solar, Wind, and Electric Vehicles" written by Matthew Eisenson, Jacob Elkin, Andy Fitch, Matthew Ard, Kaya Sittinger & Samuel Lavine and published by the Sabin Center for Climate Change Law at Columbia ...1 day ago - Our Health Isn’t Your Wealth, Shane Reti & Lester Levy
Kia Ora,I try to keep most my posts without a paywall for public interest journalism purposes. However, if you can afford to, please consider supporting me as a paid subscriber and/or supporting over at Ko-Fi. That will help me to continue, and to keep spending time on the work. Embarrassingly, ...1 day ago - No one could save me but you
There was a time when Google was the best thing in my world. I was an early adopter of their AdWords program and boy did I like what it did for my business. It put rocket fuel in it, is what it did. For every dollar I spent, those ads ...1 day ago - The disinformation grift in NZ.
A while back I was engaged in an unpleasant exchange with a leader of the most well-known NZ anti-vax group and several like-minded trolls. I had responded to a racist meme on social media in which a rightwing podcaster in the US interviewed one of the leaders of the Proud ...1 day ago - Anna Wilding, Bullshit Master
Hi,If you’ve been reading Webworm for a while, you’ll be familiar with Anna Wilding. Between 2020 and 2021 I looked at how the New Zealander had managed to weasel her way into countless news stories over the years, often with very little proof any of it had actually happened. When ...2 days ago - Summertime in Aotearoa
It's a long white cloud for you, baby; staying together alwaysSummertime in AotearoaWhere the sunshine kisses the water, we will find it alwaysSummertime in AotearoaYeah, it′s SummertimeIt's SummertimeWriters: Codi Wehi Ngatai, Moresby Kainuku, Pipiwharauroa Campbell, Taulutoa Michael Schuster, Rebekah Jane Brady, Te Naawe Jordan Muturangi Tupe, Thomas Edward Scrase.Many of ...2 days ago - 2024 sets some new road safety records
Last year, 292 people died unnecessarily on our roads. That is the lowest result in over a decade and only the fourth time in the last 70 years we’ve seen fewer than 300 deaths in a calendar year. Yet, while it is 292 people too many, with each death being ...2 days ago - The role of climate change in the catastrophic 2025 Los Angeles fires
This is a re-post from Yale Climate Connections by Jeff Masters and Bob Henson Flames from the Palisades Fire burn a building at Sunset Boulevard amid a powerful windstorm on January 8, 2025 in the Pacific Palisades neighborhood of Los Angeles, California. The fast-moving wildfire had destroyed thousands of structures and ...2 days ago
- Submission on Regulatory Standards Bill
..Thanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work.The Regulatory Standards Bill, as I understand it, seeks to bind parliament to a specific range of law-making.For example, it seems to ensure primacy of individual rights over that of community, environment, te Tiriti ...2 days ago - There’s a solution in there, there really is
Happy New Year!I had a lovely break, thanks very much for asking: friends, family, sunshine, books, podcasts, refreshing swims, barbecues, bike rides. So good to step away from the firehose for a while, to have less Trump and Seymour in your day. Who needs the Luxons in their risible PJs ...2 days ago - Hamilton Central Station: Britomart 2.0
Patrick Reynolds is deputy chair of the Auckland City Centre Advisory Panel and a director of Greater Auckland In 2003, after much argument, including the election of a Mayor in 2001 who ran on stopping it, Britomart train station in downtown Auckland opened. A mere 1km twin track terminating branch ...3 days ago
- Geoffrey Miller: Christopher Luxon’s important trip to the Middle East
For the first time in a decade, a New Zealand Prime Minister is heading to the Middle East. The trip is more than just a courtesy call. New Zealand PMs frequently change planes in Dubai en route to destinations elsewhere. But Christopher Luxon’s visit to the United Arab Emirates (UAE) ...3 days ago - 2025 SkS Weekly Climate Change & Global Warming News Roundup #02
A listing of 23 news and opinion articles we found interesting and shared on social media during the past week: Sun, January 5, 2025 thru Sat, January 11, 2025. This week's roundup is again published soleley by category. We are still interested in feedback to hone the categorization, so if ...3 days ago
- Gordon Campbell On The History Of Doo Wop Music
The decade between 1952 and the early 1960s was the peak period for the style of music we now call doo wop, after which it got dissolved into soul music, girl groups, and within pop music in general. Basically, doo wop was a form of small group harmonising with a ...3 days ago - If You Tolerate This
The future teaches you to be aloneThe present to be afraid and coldSo if I can shoot rabbits, then I can shoot fascists…And if you tolerate thisThen your children will be nextSongwriters: James Dean Bradfield / Sean Anthony Moore / Nicholas Allen Jones.Do you remember at school, studying the rise ...3 days ago - Elon Musk Adores Chris Luxon
When National won the New Zealand election in 2023, one of the first to congratulate Luxon was tech-billionaire and entrepreneur extraordinaire Elon Musk.And last year, after Luxon posted a video about a trip to Malaysia, Musk came forward again to heap praise on Christopher:So it was perhaps par for the ...3 days ago - American Carnage
Hi,Today’s Webworm features a new short film from documentary maker Giorgio Angelini. It’s about Luigi Mangione — but it’s also, really, about everything in America right now.Bear with me.Shortly after I sent out my last missive from the fires on Wednesday, one broke out a little too close to home ...3 days ago
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So soon just after you've goneMy senses sharpenBut it always takes so damn longBefore I feel how much my eyes have darkenedFear hangs in a plane of gun smokeDrifting in our roomSo easy to disturb, with a thought, with a whisperWith a careless memorySongwriters: Andy Taylor / John Taylor / ...4 days ago - A Bully of Billionaires
Can we trust the Trump cabinet to act in the public interest?Nine of Trump’s closest advisers are billionaires. Their total net worth is in excess of $US375b (providing there is not a share-market crash). In contrast, the total net worth of Trump’s first Cabinet was about $6b. (Joe Biden’s Cabinet ...5 days ago - Weekly Roundup 10-January-2025
Welcome back to our weekly roundup. We hope you had a good break (if you had one). Here’s a few of the stories that caught our attention over the last few weeks. This holiday period on Greater Auckland Since our last roundup we’ve: Taken a look back at ...6 days ago
- L.A. Burns
6 days ago - Skeptical Science New Research for Week #2 2025
Open access notables Large emissions of CO2 and CH4 due to active-layer warming in Arctic tundra, Torn et al., Nature Communications: Climate warming may accelerate decomposition of Arctic soil carbon, but few controlled experiments have manipulated the entire active layer. To determine surface-atmosphere fluxes of carbon dioxide and ...6 days ago
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Over the holidays, there was a rising tide of calls for people to submit on National's repulsive, white supremacist Principles of the Treaty of Waitangi Bill, along with a wave of advice and examples of what to say. And it looks like people rose to the occasion, with over 300,000 ...6 days ago - Who’s Getting Annexed?
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This is a re-post from the Climate Brink Global surface temperatures have risen around 1.3C since the preindustrial (1850-1900) period as a result of human activity.1 However, this aggregate number masks a lot of underlying factors that contribute to global surface temperature changes over time. These include CO2, which is the primary ...6 days ago
- Wayne Wright Jr Celebrates His Increasing Political Fortunes with Sean Plunket – Who Does Your...
7 days ago
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Time is never time at allYou can never ever leaveWithout leaving a piece of youthAnd our lives are forever changedWe will never be the sameThe more you change, the less you feelSongwriter: William Patrick Corgan.Babinden - Baba’s DayToday, January 8th, 2025, is Babinden, “The Day of the baba” or “The ...1 week ago - How Do We Fight Back?
Hi,New Zealand multi-billionaire Nick Mowbray continues to tweet at me, seemingly still unhappy about my Webworm story covering his apparent enthusiasm for far right, anti-Islam campaigner Tommy Robinson.Mowbray can be a bit hard to follow at the best of times, but I think this is a billionaire sort of dangling ...1 week ago - Submission on Treaty Principles Bill
..I/We wish to make the following comments:I oppose the Treaty Principles Bill."5. Act binds the CrownThis Act binds the Crown."How does this Act "bind the Crown" when Te Tiriti o Waitangi, which the Act refers to, has been violated by the Crown on numerous occassions, resulting in massive loss of ...1 week ago - Sabin 33 #10 – Will utility-scale solar farms destroy the value of nearby homes?
On November 1, 2024 we announced the publication of 33 rebuttals based on the report "Rebutting 33 False Claims About Solar, Wind, and Electric Vehicles" written by Matthew Eisenson, Jacob Elkin, Andy Fitch, Matthew Ard, Kaya Sittinger & Samuel Lavine and published by the Sabin Center for Climate Change Law at Columbia ...1 week ago
- Q&A with Nick
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Welcome to 2025. After wrapping up 2024, here’s a look at some of the things we can expect to see this year along with a few predictions. Council and Elections Elections One of the biggest things this year will be local body elections in October. Will Mayor Wayne Brown ...1 week ago
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This is a re-post from Yale Climate Connections Much like 2023, many climate and energy records were broken in 2024. It was Earth’s hottest year on record by a wide margin, breaking the previous record that was set just last year by an even larger margin. Human-caused climate-warming pollution and ...1 week ago
- Submitted!
Submissions on National's racist, white supremacist Principles of the Treaty of Waitangi Bill are due tomorrow! So today, after a good long holiday from all that bullshit, I finally got my shit together to submit on it. As I noted here, people should write their own submissions in their own ...1 week ago
- The Treaty Principles Bill
My submission - made at the last moment because I'm a neurodivergent millennial - on David Seymour's terrible legislation. ...1 week ago - Rich Opinions
Ooh, baby (ooh, baby)It's making me crazy (it's making me crazy)Every time I look around (look around)Every time I look around (every time I look around)Every time I look aroundIt's in my faceSongwriters: Alan Leo Jansson / Paul Lawrence L. Fuemana.Today, I’ll be talking about rich, middle-aged men who’ve made ...1 week ago - 2025 SkS Weekly Climate Change & Global Warming News Roundup #01
A listing of 26 news and opinion articles we found interesting and shared on social media during the past week: Sun, December 29, 2024 thru Sat, January 4, 2025. This week's roundup is again published soleley by category. We are still interested in feedback to hone the categorization, so if ...1 week ago
- “It’s Sad Watching Desperate Dave”
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And when a child is born into this worldIt has no conceptOf the tone of skin it's living inAnd there's a million voicesAnd there's a million voicesTo tell you what you should be thinkingSong by Neneh Cherry and Youssou N'Dour.The moment you see that face, you can hear her voice; ...2 weeks ago - Quality Ministers
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Baby, be the class clownI'll be the beauty queen in tearsIt's a new art form, showin' people how little we care (yeah)We're so happy, even when we're smilin' out of fearLet's go down to the tennis court and talk it up like, yeah (yeah)Songwriters: Joel Little / Ella Yelich O ...2 weeks ago - Skeptical Science New Research for Week #1 2025
Open access notables Why Misinformation Must Not Be Ignored, Ecker et al., American Psychologist: Recent academic debate has seen the emergence of the claim that misinformation is not a significant societal problem. We argue that the arguments used to support this minimizing position are flawed, particularly if interpreted (e.g., by policymakers or the public) as suggesting ...2 weeks ago
- My Year In Recall
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This is a re-post from Yale Climate Connections by John Wihbey. A version of this article first appeared on Yale Climate Connections on Nov. 11, 2008. (Image credits: The White House, Jonathan Cutrer / CC BY 2.0; President Jimmy Carter, Trikosko/Library of Congress; Solar dedication, Bill Fitz-Patrick / Jimmy Carter Library; Solar ...2 weeks ago
- Medley
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Welcome to the official half-way point of the 2020s. Anyway, as per my New Years tradition, here’s where A Phuulish Fellow’s blog traffic came from in 2024: United States United Kingdom New Zealand Canada Sweden Australia Germany Spain Brazil Finland The top four are the same as 2023, ...2 weeks ago
- 2024 Reading Summary: December (+ Writing Update)
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Well, it’s the last day of the year, so it’s time for a quick wrap-up of the most important things that happened in 2024 for urbanism and transport in our city. A huge thank you to everyone who has visited the blog and supported us in our mission to make ...2 weeks ago
- Nick’s Awards – 2024
Leave your office, run past your funeralLeave your home, car, leave your pulpitJoin us in the streets where weJoin us in the streets where weDon't belong, don't belongHere under the starsThrowing light…Song: Jeffery BuckleyToday, I’ll discuss the standout politicians of the last 12 months. Each party will receive three awards, ...2 weeks ago - Webworm’s 2024 Year In Review
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Hi,I wanted to share this piece by film editor Dan Kircher about what cinema has been up to in 2024.Dan edited my documentary Mister Organ, as well as this year’s excellent crowd-pleasing Bookworm.Dan adores movies. He gets the language of cinema, he knows what he loves, and writes accordingly. And ...2 weeks ago - Xmas then and now.
Without delving into personal details but in order to give readers a sense of the year that was, I thought I would offer the study in contrasts that are Xmas 2023 and Xmas 2024: Xmas 2023 in Starship Children’s Hospital (after third of four surgeries). Even opening presents was an ...2 weeks ago
- a/b/o and worldbuilding
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A listing of 23 news and opinion articles we found interesting and shared on social media during the past week: Sun, December 22, 2024 thru Sat, December 28, 2024. This week's roundup is the second one published soleley by category. We are still interested in feedback to hone the categorization, ...2 weeks ago
- The End of the Horrifying Chris Luxon Painting Saga
Hi,Webworm has been following occasional artist (and Webworm writer) Josh Drummond’s unnerving portrait of New Zealand Prime Minister Christopher Luxon since he first listed it on TradeMe.Back on October 1, Webworm broke the news that the painting had been removed from online auction site TradeMe for reasons that included not ...2 weeks ago - Climate Change Christmas
We’ll have a climate change ChristmasFrom now until foreverWarming our hearts and mindsAnd planet all togetherSpirits high and oceans higherChestnuts roast on wildfiresIf coal is on your wishlistMerry Climate Change ChristmasSong by Ian McConnellReindeer emissions are not something I’d thought about in terms of climate change. I guess some significant ...2 weeks ago - KP 2024 year end review.
KP continues to putt-putt along as a tiny niche blog that offers a NZ perspective on international affairs with a few observations about NZ domestic politics thrown in. In 2024 there was also some personal posts given that my son was in the last four months of a nine month ...3 weeks ago
- Madman Across the Water
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.Acknowledgement: Tim PrebbleThanks for reading Frankly Speaking ! Subscribe for free to receive new posts and support my work..With each passing day of bad headlines, squandering tax revenue to enrich the rich, deep cuts to our social services and a government struggling to keep the lipstick on its neo-liberal pig ...3 weeks ago - A turn to the Big Stick.
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- Time is an illusion
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Open access notables Trends in Oceanic Precipitation Characteristics Inferred From Shipboard Present-Weather Reports, 1950–2019, Tran & Petty, Journal of Geophysical Research: Atmospheres: Although ship reports are susceptible to subjective interpretation, the inferred distributions of these phenomena are consistent with observations from other platforms such as satellites and coastal surface stations. ...3 weeks ago
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Labour expresses its shock and sadness at the death of widely respected Police Senior Sergeant Lyn Fleming. ...3 days ago
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The Green Party welcomes the extension of the deadline for Treaty Principles Bill submissions but continues to call on the Government to abandon the Bill. ...6 days ago - Green Party pays respects to Dame Tariana Turia
The Green Party acknowledges the enormous life, contribution and passing of Dame Tariana (Kahurangi) Turia, the co-founder of Te Pāti Māori. ...2 weeks ago
- KO disruptive tenants’ easy ride over
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- He poroporoaki ki a Kahurangi Tariana Turia
Uia te pō, rangahaua te pō, whakamāramatia mai he aha tō tango, he aha tō kāwhaki? Whitirere ki te ao, tirotiro kau au, kei hea taku rātā whakamarumaru i te au o te pakanga mo te mana motuhake? Au te pō, ngū te pō, ue hā! E te kahurangi māreikura, ...2 weeks ago
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- New year, new medicines
Associate Health Minister with responsibility for Pharmac David Seymour is pleased to see Pharmac continue to increase availability of medicines for Kiwis with the government’s largest ever investment in Pharmac. “Pharmac operates independently, but it must work within the budget constraints set by the government,” says Mr Seymour. “When this government assumed ...2 weeks ago
- Māori excel in New Year Honours 2025
Mā mua ka kite a muri, mā muri ka ora e mua - Those who lead give sight to those who follow, those who follow give life to those who lead. Māori recipients in the New Year 2025 Honours list show comprehensive dedication to improving communities across the motu that ...2 weeks ago
- Stay fire safe this summer in 2025
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- Final-year Fees Free kicks off 1 January 2025
From 1 January 2025, first-time tertiary learners will have access to a new Fees Free entitlement of up to $12,000 for their final year of provider-based study or final two years of work-based learning, Tertiary Education and Skills Minister Penny Simmonds says. “Targeting funding to the final year of study ...3 weeks ago
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“As we head into one of the busiest times of the year for Police, and family violence and sexual violence response services, it’s a good time to remind everyone what to do if they experience violence or are worried about others,” Minister for the Prevention of Family and Sexual Violence ...3 weeks ago
- A bright ‘Sun-skirting’ comet will grace southern skies this week. Here’s how to see it
Source: The Conversation (Au and NZ) – By Jonti Horner, Professor (Astrophysics), University of Southern Queensland Comet C/2024 G3 (ATLAS) passing close to the Sun. NASA/SOHO Hot on the heels of a spectacular comet late last year, another celestial visitor is set to put on a show. And Southern Hemisphere ...4 hours ago -
Source: The Conversation (Au and NZ) – By Brendan Walker-Munro, Senior Lecturer (Law), Southern Cross University Elon Musk is no stranger to news headlines. His purchase of Twitter and subsequent decision to rebrand the platform as X has seen it called “a true black mirror of the most worrying parts ...6 hours ago
- Vanuatu election: Preparation almost complete for snap ballot
By Koroi Hawkins, RNZ Pacific editor in Port Vila The electoral commission in Vanuatu is trying its best to clear up some confusion with the voting process for tomorrow’s snap election. Principal Electoral Officer Guilain Malessas said this is due to the tight turnaround to deliver this election after Parliament ...7 hours ago
- Why bad posh English accents still rule Hollywood, from Nosferatu to Gladiator II
Source: The Conversation (Au and NZ) – By Gemma King, Senior Lecturer in French Studies, ARC DECRA Fellow in Screen Studies, Australian National University Universal Pictures In two of the biggest films released this summer, Gladiator II and Nosferatu, most actors seem to be speaking like they’re in a ...8 hours ago
- Review: Robbie Williams goes chimp crazy in Better Man
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Source: The Conversation (Au and NZ) – By Sarah Whitcombe-Dobbs, Senior Lecturer in Child and Family Psychology, University of Canterbury After last year’s budget cuts to social services, including a NZ$14 million cut to early home visits, social services providers in New Zealand raised concerns about what the move would ...9 hours ago
- Why the draft ‘foreign interference’ bill is so dangerous for Aotearoa
COMMENTARY: By Maire Leadbeater Aotearoa New Zealand’s coalition government has introduced a bill to criminalise “improper conduct for or on behalf of a foreign power” or foreign interference that echoes earlier Cold War times, and could capture critics of New Zealand’s foreign and defence policy, especially if they liaise with ...9 hours ago
- Study shows hot leaves can’t catch carbon from the air. It’s bad news for rainforests – and Ea...
Source: The Conversation (Au and NZ) – By Kristine Crous, Senior Lecturer, School of Science and Hawkesbury Institute for the Environment, Western Sydney University Researchers study leaves in the Daintree rainforest in North Queensland, Australia, using a canopy crane. Alexander Cheesman On the east coast of Australia, in tropical ...9 hours ago
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Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[data-quiz],DIV[data-quiz]'); if(ql){if(ql.length){for(var k=0;k<ql.length;k++){ql[k].id='quiz-embed-'+k;ql[k].href="javascript:var i=document.getElementById('quiz-embed-"+k+"');try{qz.startQuiz(i)}catch(e){i.start=1;i.style.cursor='wait';i.style.opacity='0.5'};void(0);"}}};i['QP']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','https://take.quiz-maker.com/3012/CDN/quiz-embed-v1.js','qp');Got a good quiz question? Send Newsroom your questions.The post Newsroom daily quiz, Wednesday 15 January appeared first on Newsroom. ...17 hours ago - Daily crossword, Wednesday 15 January
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