You know you’re in trouble when: The bookies open a contract on you

One of the amusing things in my mailbox this morning was a link with new contracts at iPredict looking at the possible political casualties from the ACC/Pullar leaks. Looks like the contracts opened yesterday and have had minimal trading when I wrote this post.

You know that bookies sense when there is blood in the water and they’ll create contracts.

I don’t gamble (especially on insider micromarkets like iPredict) but the interesting ones in my mind are:-

These also happen to be the highest probability ones on the current trading.

And in other news of the “You know you’re in trouble when..”, Judith Collins reckons that she is going to start defamation proceedings

ACC Minister Judith Collins says she is starting defamation proceedings against two Labour Party MPs and a news media organisation.

Collins alleged on Radio Live this morning that defamatory statements about her had been made outside of Parliament.

“I take my reputation very seriously and when I’ve been defamed I have to take action,” she told host Marcus Lush.

Ah yes.. The relevant comment about that would have to be this one in comments this morning by Frida.

Typical reaction of a NACT bully. When the pressure comes on, squeal to the Police or run and consult a lawyer.

Nothing to worry about here as far as I can see Mickey (I’m a lawyer too). Defamation wouldn’t stick – too many defences available here

Crusher is just trying to shut down debate because she is quaking in her boots as her time is up and her leadership aspirations thwarted

Yep, the results and judgements of the Lange vs Atkinson case pretty much killed the ability of politicians to use defamation as a anti-criticism weapon. That is why recently the political attacks against critics have been launched using spurious police investigations.

The teagate taping results are pretty typical of that approach. In the end it is never judged by the police as being worth while to actually test in court.

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