The praiseworthy and the pitiful

Trevor Mallard for getting himself into one of those complex, multi-blog conversations and pulling it off. A Started when he commented on a Kiwiblog post about the Backbenches show he was to be on that night. Mallard noted that, once again, no Nat was fronting on the show. Torrent of abuse from righties follows. Farrar asks people to be polite to MPs. Whaleoil posts “This is where DPF and I part company, on civility towards MPs, especially Labour MPs, especially Trevor Mallard. He deserves all the flogging that he gets”. Mallard comments in that thread “Pretty rough for me when my mates see David defending me – please don’t do it again David”. Whaleoil, star-struck to have an MP comment on his blog, responds with gentle cooing noises.

Vernon Small “Dollar cost averaging theory also has it that investing $100 (or in this case $2 billion) will be the most productive when asset values are down. You get more shares, bonds or forests for your money and they have further to rise to the next peak – or at least to their long-run average value.” B+ Bringing some actual economic analysis to an economic question, yay! Points off for still basically concluding that contributions to the Cullen Fund should be cancelled, despite proving with economic and political argument that they shouldn’t be.

Dompost ad “Our daily readership went up 3,000 last year… in the Wellington region alone  it went up 10,000” D Umm, that means you lost 7,000 readers outside of Wellington. Either you didn’t think your readers were smart enough to do simple subtraction and work that out or your ad writer was too dumb to realise it themselves.

Joan Whithers, Fairfax NZ CEO and chair of one of the Jobs Summit work groups, “Large pools of unemployed can lead to “structural unemployment”. This is long-term and chronic unemployment that arises from mismatches between the workers looking for jobs and the jobs that are available.” F That’s not what structural unemployment is. Unless the mismatch you mean is ‘there are more workers than jobs’. And you’re heading a stream of the Jobs Summit?

Herald “Nominations for [Labour Party President] closed at 5pm yesterday and Mr Little was the only candidate to replace Mike Williams” F Nominations close today. All the news that’s fit to presage, eh?

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