I remember reading that article a few days ago and it brought such a smile to my face.
“NEW Zealanders have voted for change – a leap from Left to Right – with all the enthusiasm and reasoning power of a doped slug.” Is one of my favorite quotes as well as “Bring Barack Obama to mind — strip him of charisma and vision, then douse him in White King — and you’ve got NZ’s new PM.”
John, what are you basing your “logic” on? Have you actually read the article this post was set aside for, it doesn’t seem like it. It seems like your trolling for… well i’m sure you have your reasons.
He doesn’t realise Vinsin that the world media thinks we are just a stupid little country that needs a reminder that voting is actually a responsibility. Voting for change for change sake has the world laughing at us and maybe we just realise how great this country is… perhaps now, was.
New Zealand voted for change simple. I think most of us on the right can say one reason we won was because New Zealand doesn’t like their governments in power for too long hence one reason Labour lost.
Labour won the Australian election after a strong Liberal-National coalition and over there you couldn’t exactly justify the change either.
I never understood arguments from the left saying because other countries went left New Zealand should stay left. The reason Australia went left was that they too were tired of their long-term government. And because of their system, that resulted in a massive defeat.
Its simply the removing of long-term governments in English speaking countries. It’ll be interesting to see what Britain does. They may indeed become the exception and not change governments.
Lampie – I am not thuck, just a sales manager on over $100K. I am a rich prick actually.
I was re calling my days from Stage 1 Logic at Uni.
Please tell me how Greens would get NZ out of the mire we are in, ohhhhhhhh please. By tax, tax, tax to pay for the poor thick people out there? Job creation would ruin the environment, we need a committee to decide.
Wouldn’t worry too much what the Ozzies say – their economy is going pear-shaped just as quickly as ours, if not faster.
I really hope they have invested their squillions from mineral exports into things like producing fresh water and food – at least we (still, just) have enough of those things over here.
I always find it amusing, but slightly sad, how whenever someone overseas publishes something negative about NZ the media, including bloggers, are so quick to publish it.
Why do they (you) feel they (you) need to do that?
Wow John, $100k plus? Can I have your babies, you sound purrrrfect!
But seriously, people who talk about their enormous “salaries” in front of strangers. Like, whatever đ
do I take it how the last nine years of national would be dealt by you in the same sense as your commentary regarding Labour..?
You write of “longterm government”. Nine years.. lucky kiwis huh. Yeah, seriously, for instance the Thatcher years in UK are no mean respecter of justice for Britain’s prevailing mess.. financial, economic and you name it.. Like Blackpool rock ‘the thatcher’ went the whole way through..
Something you could never say for Prime Minister Clark and her Deputy Dr. Cullen.. or are ever likely to say for their successors.
Jill, spot on. Like the magpie that swoops on anything flashy, my fellow New Zealanders could not get past the shiny new political offering that is John Key. His forex career was king but bereft of any investigation into it, we were offered crafted populist pieces about the “state house kid” made good.
Questions in the last two weeks of the campaign over the contradictory timeline of his earliest career in New Zealand were readily glossed over by media. The contradiction was simply explained away as “he had his dates wrong” when he said in a NZ Herald article last year he had left Elders for Bankers Trust in 1987 three months before H-Fee and three months before the October 87 sale of NZ Steel.
We were asked to take it as given the NZ Herald had corrected the year he resigned from Elders to 1988 in an article in February; although making a 1988 resignation possible to support his 1991 NCA H-Fee testimony, the article committed much of it’s February copy to the lucrative working relationship he had with Bankers Trust New York trader Andrew Krieger. Considering Krieger resigned New York’s Bankers Trust in December 1987, a 1988 relationship with Krieger would have being impossible.
In the wake of Saturday’s election result, Key has said he’d “rather be a loser, than a liar”. It looks like he’s mastered the first; let’s see how long it takes him to master the second.
John: ” I am not thuck, just a sales manager on over $100K. I am a rich prick actually.”
………given your job probably will not survive the crisis looming like a tsunami round our shores, you may have to go into buzzness yourself, and become a struggling prick. Failing that you may have to go on the dole with the rest of the sales team and join the newly formed but rapidly growing queues of thuck. Good luck.
Dont forget remove the F from Failure and you get Sailure.
My statement was simply New Zealand doesn’t like long-term governments. New Zealand favours 2-3 term governents. National right now should look forward to winning the 2011 election. (Though its early days so who knows).
If National does get two terms. Then they will really have to fight for three terms. If they do get three terms the probability is they get removed like Helen Clark’s Labour government only got three terms. Because I don’t think New Zealand wil have a government in for longer than three terms. And likely the same arguments the people on the left used will be used by the right. I think New Zealand did want change in 2008 but I also think many were simply tired of Labour.
Lets say National enjoys the success that Labour did from 1999-2008 then the same will be in effect. New Zealand will desire change but maybe most important they just want a new government and have become tired of the last government.
Your glee over that nasty article strikes me as the start of *your* “NZ Sux” campaign.
That is, I’m fairly confident that you don’t consider the NZ public to have the reasoning ability of a doped slug but are cynically willing to promote an article that says so now that it suits you to do so. Hypocritical.
Off topic : So Osama bin Laden’s son wants to live here, this could this be the first foreign affairs test for John Key and the world media is taking an interest in this case.
Sorry Vinsin. The fact National won this election as decisive as they did seems to me people wanted a change. People wanted a change and were tired of the Labour government. Both the Howard government and Clark’s government enjoyed excellent economical times. They played it safe with neither going too extreme. But both fell victim to a mood for change.
The vote turnout was lower compared to 2005. Clearly South Auckland voters felt change was in the air, thus they chose not to turn-up. Basically it was South Auckland and Waitakere that chose not to turn up for the polls. Otherwise voter turnout was rather the same as 2005. So sorry but I don’t think your argument rings true. New Zealand gets TIRED OF LONG TERM GOVERNMENTS AND OVERTIME THEY WANT CHANGE. How clear can I be?
Not much in the way of introspection as to why labour lost. Still that will come in time. In the meantime I expect, must like a jilted husband left wing posters will blame everyone but themselves. Tumeke is a precusor to this.
It’s funny how a couple of weeks ago the Aussie media were just the propaganda wing of a war supporting, racist colonial nation and now we should all defer to their wisdom about our new government.
Gc, I agree with you, “over time people get tired of a long term government and want a change.” (In government.)
What I find problematic is this vague use of the word “change.” If you mean change in government then fine, but you need to say this.
“How clear can i be?” You can be clearer by saying, “change in government,” not just “change,” change can mean anything and everything. This is why I have problems with this constant use of the word because if people were really voting for change then perhaps we would have seen an Act led government. National has been called Labour-lite, moderate centrist, and by Wodney, “more left leaning then Helen” so to say again, ‘did NZ’ers really vote for change?’ (When i say change I mean real changes to policies, thinking and methods.) Or – and this is probably more correct – did they vote for less of the same?
Another point that should probably be made here is that National only managed to grab an extra 6% of the party vote. The support National had in the last election was around 41% and I get the feeling that they could probably described as core supporters. Now then, I don’t think they would’ve voted differently – or for this fantastic word change – because the core support believes in the ideals, political ideology and views of their particular party. So, once again I don’t think we can say without any doubt that NZ voted for change; this is too simplistic, we could probably say 6% voted for “change” and if we add in Act’s party vote – let’s just round it up to ten – we can say 10% of NZ voted for a change in government. It was enough to push the Nats over the line but not enough for me to buy this “NZ voted for change” slogan your parroting.
‘Clearly South Auckland voters felt change was in the air, thus they chose not to turn-up.Basically it was South Auckland and Waitakere that chose not to turn up for the polls.’ This isn’t a vote for change, this a vote of apathy. I’m sorry but your argument that not voting is a vote for change (National) is ludicrous.
It may seem like i’m being a stickler for clarity but if there’s one lesson we all should take from this election result it’s to never underestimate the power of language. I, like a lot of people, didn’t realize how effective this word, “change,” was at getting people to pay less attention to actual policies. The Nats did well to borrow Obama’s slogan and we (us lefties) underestimated it’s appeal.
Jill Singer reckons the New Zealand public has shown the reasoning of a “doped-up slug” when voting. Since she’s started with the insults, I’d say she should probably leave the politics alone and stick with book reviews, celebrity gossip and such.
It is offensive to suggest that New Zealanders don’t know what they’re doing when they exercise their democratic right to chose. Jill Singer knows no more about my motivations in voting than I know about her last bowel movement.
As an opinion piece, her article is fine. If it’s supposed to be real journalism, she should have made that bowel movement directly onto paper.
any chance you telling us what a ‘chose’ is..? and yes, quite correct of you to say you have “motivatuons”.. a little shrill, however, to infer that yours and yours alone are the modus operandi of kiwi voters on the last election day..
When John Key, at the end of election night, burbled euphorically of “New Zealanders in their hundreds of thousands” voting for change, it was a total exaggeration. Tens of thousands, maybe; while the core supporters of the left and the right voted pretty much as they always have, in accordance, rightly or wrongly, with their beliefs.
The floating voters in the middle are the ones who decide an election, and they unfortunately include the greedy (or, I must admit, the needy), who will vote for the best short term bribe, the confused and ignorant, who are trying to do their best and hope they haven’t made the same mistake as last time, and the gamblers and pin-stickers, who think elections are a sort of lotto – and they might just get lucky.
NEW Zealanders have voted for change – a leap from Left to Right – with all the enthusiasm and reasoning power of a doped slug.’ Is one of my favorite quotes as well as “Bring Barack Obama to mind ĂąâŹâ strip him of charisma and vision, then douse him in White King and give him a sex change ĂąâŹâ and you’ve got NZ’s OLD PM
“NEW Zealanders have voted for change – a leap from Left to Right – with all the enthusiasm and reasoning power of a doped slug.’ Is one of my favorite quotes as well as “Bring Barack Obama to mind ĂąâŹâ strip him of charisma and vision, then douse him in White King and give him a sex change ĂąâŹâ and you’ve got NZ’s OLD PM
“Off topic : So Osama bin Laden’s son wants to live here, this could this be the first foreign affairs test for John Key and the world media is taking an interest in this case.”
Simple, has physical attributes suitable for fruit picking and can wipe his own arse, he’s in!!!
Vinsin – You are right on the mark, I think the apathy was put there by the brain washing and negativity of the media (and the polls) in the leadup which had a huge influence in the outcome of the election.
I have to agree with Jill. I have never lived in a country were people in general were so stupid and uninformed about politics and so dumb in their reasons to vote.
Someone said in another article that everywhere else people put the Wall street bankers on shelves of ice and pushing them into the ocean and in NZ they give them more power.
No Jimbo,
People here really are incompetent and the suckers who voted for JK deserve what they are going to get, it’s just too bad that the people who voted against him are going to get hurt too.
In the kiwi defence I’d have to say that I have also never lived in country were the mass media were so controlled but in a time were we have the internet to do more research this should not have mattered that much.
travellev, if you think New Zealanders are so stupid and uninformed, then feel free to return the intelligent and informed country you came from.
What a horrible, nasty description of New Zealanders: “Incompetent and suckers”. You clearly made the wrong choice to come here. Have you got nothing other than abuse in your “New Zealand sux” campaign?
I live in a rural and well informed community and I am very happy here. I’ve been happily married to a wonderful NZ bloke for more than 21 years and intend to stay that way for as long as I can but after a couple of days of contemplating about how NZers decide who to vote for I have come to the conclusion that most of them vote with their dick, also known as the little head.
The reasoning being the following: If it’s female and I would not want to bed her I won’t vote for her, no matter how competent. If the opponent is a bloke I would like to make misogynist jokes about ugly women with while sipping a beer next to the burning bangers on the BBQ I’ll vote for him no matter what his background or his experience is.
The big head doesn’t enter the equation as it where.
The result: New Zealand is the laughing stock around the world and has a lot of people shaking their head.
The entire world wants to get rid of the Wall street/City of London elite and we give our country to the same Wall street/City of London elite even though John Key has been a proven liar just because the newspapers have been telling us for the last three years that “we need change”.
Do you have a link confirming the December 1987 departure of Andrew Krieger?
I found one article in which Krieger tells us he left 1987 but three confirming a February 1988 departure, all of them from the NY Times archives.
Since Krieger left trading altogether after a short stint in senior management for Soros in June 1988 the August 29 1988 still makes it impossible for John Key to have worked with Krieger in 1988 anyway but I want my timeline to be as close to the facts as possible.
You’re very wrong, travellerev. I don’t make personal comments about Helen Clark. I have a lot of admiration and respect for her, particularly for what she has done for New Zealand internationally.
New Zealanders voted for Helen Clark three times. They weren’t misogynist then, and they aren’t now. It was the National Party who selected New Zealand’s first woman prime minister in Jenny Shipley.
Nice try at smearing all New Zealanders who voted for John Key as woman-haters, but you’re just wrong. You should try and understand more about New Zealanders and our political history rather than just abusing us.
I try, I honestly try but I fail to see what is so attractive about a proven lying Wall street/City of London banker.
That is not a personal attack on John Key. He was caught lying a multitude of times. That’s a fact.
And even though the mainstream media does not want to delve into his past the fact remains that he lied about his career timeline, about his policies and about the amount of shares he had in Transrail.
The only hope I have is that as the financial crisis will hit hard, people will want to know how and why and whom to hold responsible and it won’t be too late.
I would not want to be in JK’s shoes when farmers and real estate builders and exporters find out what JK’s been up to in the years leading up to the global financial collapse; Selling crap financial products to suckers like the people in NZ who have lost their nest egg last year due to the subprime crisis.
Wouldn’t feel too insulted Tim, what you are hearing from travellerev is pretty true to form. You aren’t the first she’s had a go at and won’t be the last. Just check her other posts, on this blog and others.
At the end of the day, which many of the more reasonable bloggers from the left here have recognised, the election is over, and regardless of which side you stand on, it should be about getting on with it now.
Travellerev, you have been caught lying multiple times about John Key’s background, including in your most recent post. By your own standard, you are a proven liar.
New Zealanders have chosen John Key as Prime Minister to lead a National-led government. That is what happens in democracy. You have two choices. You can either accept the popular choice, as changes of government happen in democracies, or you can continue to show contempt for democratic systems by abusing New Zealanders who voted for him.
If you’re going to abuse New Zealanders, and hate us so much for making our democratic choice, then I suggest you go back to Holland. Or better yet, go to a regime that you like, and isn’t democratic so that it doesn’t change and you won’t suffer the pain of thinking ill towards your new country. Cuba and North Korea come to mind.
As part of a wider sociological research study, I have been tracking bloggers post election using the Kubler-Ross model. It has proven quite interesting.
Just to let you know, based on your postings in the last 24 hours, I have you pegged at around the peak of Stage 2.
i thought we’d put to bed the myth you’re pedaling about “Selling crap financial products to suckers like the people in NZ who have lost their nest egg last year due to the subprime crisis”. If you are talking about investors in 4 specific managed funds run by two specific investment managers, you have half a point but if you are talking about all the people who lost around $3 billion invested in NZ finance companies – very little to do with the subprime crisis. Fundamental reason those companies failed is because:
1 they were undercapitalised
2 their loans were almost 100% to property developers
3 their loans were amost exclusively second lien
4 their loans were almost exclusively PIK
5 they had a complete funding mismatch between the term profile of their assets and their liabilities
5 their management was generally either incompetent or corrupt
6 they generally engaged in ridiculous amounts of related party lending
7 the NZ property market was clearly highly overvalued, as many commentators have been pointing out for at least 3 years now.
All of these are red flags to any first year business studies student, let alone regulators and auditors, and yes – investors who typically should have known better. Unfortunately sucked in by slick TV advertising or poor advice by dopey financial planners.
Who is really to blame:
– the management of these companies for ignoring basic business principles and trying to get rich quick with little in the way of ethcs
– the NZ regulators and Government who were aware of the risk in this sector but chose to do feck all about it
You didn’t see and won’t see properly run finance companies like SCF, UDC, Marac etc fall over.
You need to get over your blind hatred of John Key. Even if one accepts you’re assertions are true (and we have already proved most of them are not), are they that significant? If they are true, are they any different to the slips of tongue pretty much every other politician has had. Like Helen Clark for instance – if you wanted to you could prove exactly the same types of things of her (or any other public figure) you are alleging of Key. The attacks on her as far as I am concerned are just as irrelevant, unless the incidents impact on how she did her job as PM. But if you critique her slip ups and trangressions with the same figure I would accept that you have an objective view point.
Get over it. He is rich. You don’t like rich people. This is tall poppy syndrome. In the absence of a socialist paradise where all income is completely redistributed (god forbid) “rich people” (those above $60,000 income per annum apparently), pay the bulk of taxes.
Hold Key to account for his actions as Prime Minister. Otherwise everyone will think you just have a personal vendetta. And clearly the misogynist line is a joke. There will always be fringe nuts on both right and left on many issues – the 90% in the middle of NZ is not, it is generally fair and reasonable. Keep on believing the vote went right because “men hate Helen”, you’ll doom labour to many years in opposition.
I am sorry you have such a poor opinion of New Zealanders. It is extremely arrogant to suggest that a country with the democratic tradition that NZ has has voters that are “Incompetent and suckers’. The most incredible thing about countries like NZ, Australia, US, Canada etc is the good grace with which power changes hands at after the people have voted, and often after a heated and spirited contest. You, me or any other individual (including Chris Trotter – his last commentary was the closest thing I have ever seen in this country to a call to fascism by a mainstream commentator) is not smarter than our democatic tradition. If you don’t like it, go back to whence you came. If you do like it, welcome.
Crowing is still crowing even when its dressed up as pseudo scientific crowshit.
Tim Ellis:
You won, get over it. The next three years will prove how correct the left is that this election was bought by the rich and powerful posing as ‘centrists’ in order to implement their Rogernomics 2.
I’m sure youll keep cheeking back to lift your morale.
quite good summation.. thanks for it..
then:ĂąâŹâ (re blame) – the management of these companies for ignoring basic business principles and trying to get rich quick with little in the way of ethcs
– the NZ regulators and Government who were aware of the risk in this sector but chose to do feck all about it
likely correct in the first part, half correct in the second. There has been a worldwide reliance on commercial corporations, who carried some pretty bad and recklessly arrogant attitudes on from prior industrials peers. This amounted to over-ride on corporate compliant governments..
silver lining, however, is certain knowledge that when commerfcial corporates stuff up bigtime they fall back on socialising their losses. This. assuredly, brings governments, public sectors, what you will, back into contention. At least.
And that, IMO, is the challenge for voters to take up. Singer (aussie link) revealed a missing aspect in the kiwi electorate’s character.
And yes, it’s a stretch perhaps, but this morning’s news of a 59 percent voter turnout would suggest something like a 60:40 breakdown in the enzed electorate’s sense of responsibilities.
Lying is when you tell something proven to be false.
Lie number one/ John Key told is in this interview that he started to work with AK in late August 1988.
That is a lie and I can prove it is a lie. Why? Because in three articles in the NY Times online archives written by three different journalists on three different dates stretching over a period of three years from February 1988 via <a href=’http://query.nytimes.com/gst/fullpage.html?res=940DEFDF153FF934A35755C0A96E948260&scp=3&sq=andrew%20krieger&st=cseJune 1988 until September 1990 it is stated that AK left Bankers Trust possibly as early as December 1987 but definitely not later than February 1988 making it impossible for JK to have worked with him in late August 1988 for the Bankers Trust.
Since the 1990 article states that AK left Soros in June 1988 and that he left forex trading altogether in that month it is impossible for JK to have worked with him in August 1988 period.
I feel to see where I lie here.
Lie number two/ JK and the NZ Herald tell us that the Subprime crisis products were not developed until 2004-2005.
This is what the article tells us:
Key explains: “I had a whole lot of people working for me who were at the cutting edge of delivering quite complex and new and innovative products. They tended to either be a new product or into a new market, usually the emerging markets, Russia, Brazil, Argentina. I wasn’t the guy sitting there dreaming it all up, but I was the guy who was responsible for those people.” Did he foresee the problems which resulted in the sub-prime crisis? “Was it hard to predict? Not really.”
And it continues:
The products which underpinned the sub-prime boom – then bust – were hatched in 2004-2005, long after Key had left Merrill. Indeed, he says when he went back to London in 2007 he was “horrified” at the level of risk Merrill was running. “It was enormous and I just didn’t think that enough had changed to warrant that level of risk.”
This is an absurd lie and I can prove it. In this BBC timeline in graphics article there is a graph showing when the Subprime mortgages started. This was at the end of 1997. and the bubble peaked in 2004 2005 2006 and collapsed in early 2007 so when JK visited his ex-bosses in their posh London headquarters on October 2007 ML was well onto their way of collapsing.
This is what happened when the Glass Steagall act was repealed unofficially in 1999 and officially in November 1999. Banks such as ML had been lobbying for this law to be repealed since 1987 and it made the whole scam possible. “A beautiful model for fraud”
Since JK was reported by this link to be the Managing director of debt and he according to his own worlds was presiding over this department developing al these exiting new products in exactly the same time as the bubble began to build I reckon JK has every reason to tell people that ridiculous whopper especially since he worked and lived in New York of and on according to his own words in this speech and he was one of only four upon invitation only advisors to Alan Greenspan from 1999 until March 2001.
…people in general were so stupid and uninformed about politics and so dumb in their reasons to vote.
Outside of the political circles that is a pretty accurate description of most peoples political decision making process this time around. They weren’t voting about anything substantive issue wise, they were voting on visceral responses on what are essentially non-issues.
For instance:-
Repeal of s59 – affects a few people each year, and was removed so judges could convict without having a ill-worded exception put up as a defense. Probably had more to do with the outcome of the election than anything else.
compared to
EFA. Most people had no idea what that is, and even fewer cared. But it was a substantive change in electoral law. The few that did know about it simply repeated the mantra that it was something to do with the pledge card (which was different legislation)
compared to
Cullen fund and its future. There was no debate about Nationals lack of commitment to keep forward loading it. The only debate I saw about Nationals commitment to change the law on it to put 40% in the local market was from economists and market analysts. They pretty well universally panned it as stupid and an ineffective use of the funds – contary to the intended purpose. The best I heard from the public was something about it sounds like a good idea…
compared to
Well you can fill in the list.
A suggestion to change the standards for lightbulbs to move towards something that produces less waste, consumed less power, and followed most of the western countries heading in that direction. People were up in arms about this… It was weird. I also saw more bullshit ‘science’ over this than I have since G was around.
compared to…… well you get the point
Essentially the less important an issue was, the more it seemed to have made an impact on the decision of people to vote centre-right. That is at least from the people I’ve talked to.
I’d say that travellerev’s description is pretty accurate. However it says as much about the media as it does about anything else. The Herald for instance ran massive sets of articles on the EFA. I never saw them say a damn thing about why the legislation was brought forward apart from the bretheren angle, and their crappy lies about it curtailing democracy (ie you have to declare the source of your political funds, and that would curtail the Herald’s advertising).
quite true lprent.
a stupid vote from a largely ignorant public.
but then in this age of microscopic party membership and minimal political participation what do the public rely on for pretty much all their political agenda and ‘supporting’ information? the msm.
and do our commercial msm really care if they actually fullfil their democratic duty to properly inform the electorate in order that we can then make fully informed, and thereby genuinely free, choices?
well just consider for example why TV3 didn’t even bother to run a minor leaders debate this election.
I’ve seen many elections come and go and was happy to concede.
This is different.
The global financial world is collapsing. This is due to the speculative bubble building of a handful of very powerful unscrupulous banksters. As the world glides into a financial abyss we will be made to pay for the speculation that made JK rich.
In the US alone the banksters have already robbed the population of 5 trillion dollars in the last year alone and counting.
I’ll tell you what will happen under Key. The reserve bank will start to borrow and borrow and borrow from the Federal Reserve in order to stave off the inevitable collapse and it will prop up the international banks and guess who are going to pay that money back?
I’ll give you a hint; It ain’t John Key and it ain’t the Wall street scheisters.
While John Key will travel off to his condo in Hawaii you and me and generations to come will be paying and paying and paying.
Patronising much. See my comment to chess player.
I don’t hate John Key. I don’t know him and for all I know he probably a likeable chap in day to day contact.
I don’t like the big hiatus in his career narrative, I don’t like what is happening in the international finance world and how it’s linked to JK.
And the lies, I can’t stand the lies and how the MSM does not investigate those lies.
I don’t think anybody capable of lying about just about anything should be elected the PM of this country. Seems pretty reasonable to me.
And no you haven’t disproven the two woppers I gave in my previous comment.
Not a singly link breaking my evidence. Not a single fact against my facts disproving my narrative.
He lied about AK and he lied about his involvement with the subrpime crisis and he lied about the subprime product timeline. Period.
If you’re happy with a man like that in power good for you cause you got him and your going to have to live with him for the next three years while his mates are collapsing the worlds financial system.
I personally like my politicians relatively honest and open and no, I did not vote for Helen Clark
LP, your own newly-elected leader has just admitted that Labour made big mistakes with the EFA, and is now seeking the multipartisan support that his own party rejected last year. That’s about the biggest condemnation of the EFA you can get, in his first real pronouncement as Leader.
travellerev – just try and keep interestng, this time i’ll work backward thru your “facts” until I get bored.
JK and the Fed – he was on their foreign exchange committee. I note you are no longer he was “advising Greenspan on how to repaeal Glass-Steagall”. Key was global head of FX at ML, thats why he was on teh Fed FX committee. What does this committee do? Wikipedia has a short entry on it which sums it up. Its not that exciting. They mostly worry about operational risk in the markets and how to reduce it. Satan is not and never has beena member. Link here:http://www.newyorkfed.org/fxc/
JK and NY – what is the issue. He lived and worked in NY presumably. Satan actually lives in Birmingham though he does travel widely.
JK was a managing Director – along with about (at least) 5 or 600 others at Merrill Lynch. There are lots of MD’s in a bank, even more Directors and way more Vice -Presidents. Did you know thats how the rankings work? “Debt Markets” is the catch all description of the unit that includes a zillion business lines – depending on the bank – from Govt Bonds to ABS to MBS to DCM to etc etc. At about the same time, my bank had 3 business lines: Equities, Global Banking, and Debt Markets. FX was in Debt Markets.
A beautiful model for Fraud – Yes. But this crisis ins no different in cause to any other- it;s just bigger. It’s what you get when greed intersects with easy liquidity and poor regulation and politics. Whats different this time is that the “too big to fail” argument is being trotted out a lot more than is usual.
JK horrified – this wouldn’t surprise me. Anyone who left a bank around 200 (oer whenever he did) and then had a good look at the same bank in 2007 would be horrified. Leverage, size of balance sheet and reliance on VAR risk models would be starkly different from what was common 6 or 7 years early. Mayb not so obvious to those who had stayed in the business in the intervening years and seen it grow gradually.
Your BBC timeline only tells some of the story. The real problem was sub-prime not mortgages per se. Even this article which you recklessly quote does describe the real issue which is now obvious:
“In the past five years, the private sector has dramatically expanded its role in the mortgage bond market, which had previously been dominated by government-sponsored agencies like Freddie Mac.
They specialised in new types of mortgages, such as sub-prime lending to borrowers with poor credit histories and weak documentation of income, who were shunned by the “prime” lenders like Freddie Mac.”
Key words – IN THE LAST FIVE YEARS ie since Q2 2002. The start of the crisis (in terems of market prices for CDO’s going down rather than up) occured in March 2007 – I remember it vividly because it was the start of the end of that phase of my career. ABS CDO’s and super senior trade did only get going in in 2003 or so and didn’t get to the vast issuance stage until around late 2005. I showed you the numbers a few weeks ago and you just blithely ignore them.
The AK and JK links – I still don’t know what you are trying to prove here. That they never had the chance to talk at various times? Where’s the quote saying both guys only ever talked to each or dealt with each other while BOTH were at BT. Both guys were key figures in NZ FX markets thru the mid 80’s. Are you trying to prove they never talked or did talked? Or just that people get mixed up on dates over 20 years ago. If KEy was trying to hide is currency trading past in order to look “nicer” then I am sure he would want to deny knowing Krieger. He doesn’t. You’d have a real conspiracy if Key said “I never knew Krieger”
Show some consistency – why not do an expose on some of the things Phil Goff said as a student radical and what that implies for foreign policy under his leadership if he becomes prime minister. Just as ludicrous right?
A link to the Federal reserve site is all you have?
The Glass Steagall act was repealed because the banksters including Alan Greenspan and his banking masters spend between a 100 to 200 million dollars in the 12 years leading up to it in order to lobby congress to get that law repealed.
JK is at the very top in Merrill Lynch trading in debt products while the one barrier that keeps banking even remotely honest is being eroded away by the banksters themselves and you think he did not know what was going on? F*&king hell, Gomango I would dearly like to know what colour the sky has on your planet.
So John Key is Global head for Forex, Europen head for bonds and Derivatives for a bank most notable for it’s aggression in the derivatives trade now causing all the problems and the banking wrold has spend $ 100 to $ 200 million in the 12 years leading up to what every banker knew would be the biggest greed fest ever and JK “the smiling assassin” was not involved so I guess that is why he tells us that and I quote “the products causing the subprime crisis were not hatched until 2004-2005.”
Yeah right. F*&k, you believe that I’ve got a piece of rainforest in the Sahara that would be just right for you.
By the way that sacking JK had to do was because ML had just burned it’s fingers badly on the LTCM hedgefund which had to be bailed out by the Feds too.
What was that about again ooh oops. Forex derivatives and speculation about Asian currencies and the collapse of the Russian rouble. Could JK have something to do with…. nah JK wouldn’t do that, he was a nice banker.
According to JK and his boss in this interview and this interview
he was responsible for huge amounts of trades with AK. If this is true he could not have done these trades when he alleges he starts to work for Bankers trust in August 1988 because AK had left the forex business by then only to return in 1990.
So either John Key worked with AK in 1987 or he did not work with AK at all. Simple.
And if he worked with AK in 1987 than I bet you that he was working with AK during the raid on the NZ dollar almost bringing NZ’s economy down. And twenty year later he lies about it because he wanted to become your PM.
“The global financial world is collapsing. This is due to the speculative bubble building of a handful of very powerful unscrupulous banksters. As the world glides into a financial abyss we will be made to pay for the speculation that made JK rich.
In the US alone the banksters have already robbed the population of 5 trillion dollars in the last year alone and counting.
I’ll tell you what will happen under Key. The reserve bank will start to borrow and borrow and borrow from the Federal Reserve in order to stave off the inevitable collapse and it will prop up the international banks and guess who are going to pay that money back?
I’ll give you a hint; It ain’t John Key and it ain’t the Wall street scheisters.
While John Key will travel off to his condo in Hawaii you and me and generations to come will be paying and paying and paying.
Not too smart mate.”
You are the one panicking, “mate”, not me.
This was all foretold, in various forms, such as in The Collapse of Globalism: And the Reinvention of the World by John Ralston Saul.
Saul is remarkably accurate in this book of some years ago in his projected sequence of events.
He stops short, however, of explaining what will happen next, and finished with a rather hopeful view that everyone will somehow be nicer to each other.
Interestingly he even interviewed Helen Clark and reports on her in this book as one of the more ‘aware’ leaders around. Can’t say I’ve seen much evidence of that myself tho’, given where she’s left things.
I don’t doubt that you, and generations to come, will be “paying, and paying, and paying” as you say, but personally I will not be, unless they start taxing fresh air and rainwater.
Unlike panickers such as yourself, I have prepared for this situation and while it has cost me short term opportunities, I and mine are reasonably well protected from the coming crises.
Please just tell me that this time round you will learn from the situation and do something to ensure it affects you less next time, which it most certainly will, as this is not the end of the world?
Remember, according to the Kubler-Ross model, you will not get from Stage 2 to Stage 3 until you recognise that you yourself are also in some way to blame.
TE: How about reading my comment rather than just editorializing on it. I didn’t say that there aren’t problems with the EFA (I have yet to find an act that significantly changes anything that works straight out of the house).
What I said was that media didn’t report on the reasons that changes to the electoral law were required. All they concentrated on were the things that affected their revenue or were in Hagers book. I got the distinct impression that they hadn’t even bothered to look up the results of a series of court decisions going back to 1993, or indeed even read the 1993 law.
Therefore the public were really badly informed on the EFA and why electoral finance reform was required.
Travellerev, Yes it sux; however, this is what happens in a democracy – it’s not perfect but it’s the best system we have right now. I agree with you on a lot of issues you have raised. Nz’ers were fooled and they were fooled well, the problem National has is that it’s a lot easier to fool people then it is to govern. So, cheer up and keep on keeping on – to borrow from my good friend Curtis – stay vigilant and informed, get your friends involved in political discussions, encourage them to vote, encourage them to seek information outside of the conventional means, and finally, don’t waste your time getting involved in political discussions that go nowhere but
You’re wrong!
No, you’re wrong!
Well I have proof.
So what.
You’re an idiot.
No, you’re an idiot, I have proof.
You suck.
No I don’t.
Yes you do.
You suck.
No i don’t, i have proof.
You still suck.
So do you.
No i don’t.
What I said was that media didn’t report on the reasons that changes to the electoral law were required. All they concentrated on were the things that affected their revenue or were in Hagers book.
This isn’t correct LP. The media’s major concern with the EFA was that the Labour Party was ramming through major changes to electoral law without proper consultation with opposition parties. Goff acknowledges now that it was a poor process, and this single-party approach to electoral law was wrong, and is what has led to the problems with the EFA.
The media did give a lot of coverage to Hager. That coverage led to Don Brash’s resignation. Labour was too concerned with writing electoral law to suit itself rather than a mulitpartisan approach to redefining electoral law. I didn’t see a single author at the Standard condemn Labour for ramming it through, or condemn Labour for turning electoral law into a partisan football.
I’m of the grid more or less and working toward a pleasant self sustainable life.
I’m way past panic and made my choices years ago.
But there are a lot of people who aren’t and who still think there is a quick fix like vote a banker in because he knows about money.
Looked up the Kubler-Ross model. I don’t get were the have yourself to blame comes from but I can assure you that I have accepted the election results as the state of affairs. It is not the election outcome I want to change. I just will not let John Key have an easy rule, that is a big difference. I will not go to sleep like most of the voters just awake for long enough to vote for “Change”. I’m an active political person and just because he got the votes doesn’t mean he will have free hand to do as he pleases.
On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
What is it with the mining industry? Its not enough for them to pillage the earth - they apparently can't even be bothered getting resource consent to do so: The proponent behind a major mine near the Clutha River had already been undertaking activity in the area without a ...
Photo # 1 I am a huge fan of Singapore’s approach to housing, as described here two years ago by copying and pasting from The ConversationWhat Singapore has that Australia does not is a public housing developer, the Housing Development Board, which puts new dwellings on public and reclaimed land, ...
Buzz from the Beehive Reactions to news of the governmentâs readiness to make urgent changes to âthe resource management systemâ through a Bill to amend the Resource Management Act (RMA) suggest a balanced approach is being taken. The Taxpayers’ Union says the proposed changes donât go far enough. Greenpeace says ...
I’m starting to wonder if Anna Burns-Francis might be the best political interviewer we’ve got. That might sound unlikely to you, it came as a bit of a surprise to me.Jack Tame can be excellent, but has some pretty average days. I like Rebecca Wright on Newshub, she asks good ...
Chris Trotter writes – Willie Jackson is said to be planning a âmedia summitâ to discuss âthe state of the media and how to protect Fourth Estate Journalismâ. Not only does the Editor of The Daily Blog, Martyn Bradbury, think this is a good idea, but he has also ...
Graeme Edgeler writes –Â This morning [April 21], the Wellington High Court is hearing a judicial review brought by Hon. Karen Chhour, the Minister for Children, against a decision of the Waitangi Tribunal. This is unusual, judicial reviews are much more likely to brought against ministers, rather than ...
Both of Parliament’s watchdogs have now ripped into the Government’s Fast-track Approvals Bill. Photo: Lynn Grieveson / The KākāMy pick of the six newsey things to know from Aotearoa’s political economy and beyond on the morning of Tuesday, April 23 are:The Lead: The Auditor General,John Ryan, has joined the ...
This is a re-post from Yale Climate Connections by Sarah SpengemanPeople wait to board an electric bus in Pune, India. (Image credit: courtesy of ITDP) Public transportation riders in Pune, India, love the city’s new electric buses so much they will actually skip an older diesel bus that ...
The infrastructure industry yesterday issued a “hurry up” message to the Government, telling it to get cracking on developing a pipeline of infrastructure projects.The hiatus around the change of Government has seen some major projects cancelled and others delayed, and there is uncertainty about what will happen with the new ...
Hi,Over the weekend I revisited a podcast I really adore, Dead Eyes. It’s about a guy who got fired from Band of Brothers over two decades ago because Tom Hanks said he had “dead eyes”.If you don’t recall — 2001’s Band of Brothers was part of the emerging trend of ...
 Buzz from the Beehive The 180 or so recipients of letters from the Government telling them how to submit infrastructure projects for âfast trackâ consideration includes some whose project applications previously have been rejected by the courts. News media were quick to feature these in their reports after RMA Reform Minister Chris ...
It would not be a desirable way to start your holiday by breaking your back, your head, or your wrist, but on our first hour in Singapore I gave it a try.We were chatting, last week, before we started a meeting of Hazel’s Enviro Trust, about the things that can ...
Calling all journalists, academics, planners, lawyers, political activists, environmentalists, and other members of the public who believe that the relationships between vested interests and politicians need to be scrutinised. We need to work together to make sure that the new Fast-Track Approvals Bill â currently being pushed through by the ...
Feel worried. Shane Jones and a couple of his Cabinet colleagues are about to be granted the power to override any and all objections to projects like dams, mines, roads etc even if: said projects will harm biodiversity, increase global warming and cause other environmental harms, and even if ...
Bryce Edwards writes-Â The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. ...
Michael Bassett writes – If you think there is a move afoot by the radical Maori fringe of New Zealand society to create a parallel system of government to the one that we elect at our triennial elections, you arenât wrong. Over the last few days we have ...
Without a corresponding drop in interest rates, it’s doubtful any changes to the CCCFA will unleash a massive rush of home buyers. Photo: Lynn GrievesonTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate on Monday, April 22 included:The Government making a ...
Sunday was a lazy day. I started watching Jack Tame on Q&A, the interviews are usually good for something to write about. Saying the things that the politicians won’t, but are quite possibly thinking. Things that are true and need to be extracted from between the lines.As you might know ...
In our Weekly Roundup last week we covered news from Auckland Transport that the WX1 Western Express is going to get an upgrade next year with double decker electric buses. As part of the announcement, AT also said âSince we introduced the WX1 Western Express last November we have seen ...
TL;DR: The six key events to watch in Aotearoa-NZ’s political economy in the week to April 29 include:PM Christopher Luxon is scheduled to hold a post-Cabinet news conference at 4 pm today. Stats NZ releases its statutory report on Census 2023 tomorrow.Finance Minister Nicola Willis delivers a pre-Budget speech at ...
A listing of 29 news and opinion articles we found interesting and shared on social media during the past week: Sun, April 14, 2024 thru Sat, April 20, 2024. Story of the week Our story of the week hinges on these words from the abstract of a fresh academic ...
The ability of the private sector to quickly establish major new projects making use of the urban and natural environment is to be supercharged by the new National-led Government. Yesterday it introduced to Parliament one of its most significant reforms, the Fast Track Approvals Bill. The Government says this will ...
This is a column to say thank you. So many of have been in touch since Mum died to say so many kind and thoughtful things. You’re wonderful, all of you. You’ve asked how we’re doing, how Dad’s doing. A little more realisation each day, of the irretrievable finality of ...
Identifying the engine type in your car is crucial for various reasons, including maintenance, repairs, and performance upgrades. Knowing the specific engine model allows you to access detailed technical information, locate compatible parts, and make informed decisions about modifications. This comprehensive guide will provide you with a step-by-step approach to ...
Introduction: The allure of racing is undeniable. The thrill of speed, the roar of engines, and the exhilaration of competition all contribute to the allure of this adrenaline-driven sport. For those who yearn to experience the pinnacle of racing, becoming a race car driver is the ultimate dream. However, the ...
Introduction Automobiles have become ubiquitous in modern society, serving as a primary mode of transportation and a symbol of economic growth and personal mobility. With countless vehicles traversing roads and highways worldwide, it begs the question: how many cars are there in the world? Determining the precise number is a ...
Maintaining a safe and reliable vehicle requires regular inspections. Whether it’s a routine maintenance checkup or a safety inspection, knowing how long the process will take can help you plan your day accordingly. This article delves into the factors that influence the duration of a car inspection and provides an ...
Mazda Motor Corporation, commonly known as Mazda, is a Japanese multinational automaker headquartered in Fuchu, Aki District, Hiroshima Prefecture, Japan. The company was founded in 1920 as the Toyo Cork Kogyo Co., Ltd., and began producing vehicles in 1931. Mazda is primarily known for its production of passenger cars, but ...
Your car battery is an essential component that provides power to start your engine, operate your electrical systems, and store energy. Over time, batteries can weaken and lose their ability to hold a charge, which can lead to starting problems, power failures, and other issues. Replacing your battery before it ...
In most states, you cannot register a car without a valid driver’s license. However, there are a few exceptions to this rule. Exceptions to the RuleIf you are under 18 years old: In some states, you can register a car in your name even if you do not ...
Mazda, a Japanese automotive manufacturer with a rich history of innovation and engineering excellence, has emerged as a formidable player in the global car market. Known for its reputation of producing high-quality, fuel-efficient, and driver-oriented vehicles, Mazda has consistently garnered praise from industry experts and consumers alike. In this article, ...
Struts are an essential part of a car’s suspension system. They are responsible for supporting the weight of the car and damping the oscillations of the springs. Struts are typically made of steel or aluminum and are filled with hydraulic fluid. How Do Struts Work? Struts work by transferring the ...
Car registration is a mandatory process that all vehicle owners must complete annually. This process involves registering your car with the Department of Motor Vehicles (DMV) and paying an associated fee. The registration process ensures that your vehicle is properly licensed and insured, and helps law enforcement and other authorities ...
Zoom is a video conferencing service that allows you to share your screen, webcam, and audio with other participants. In addition to sharing your own audio, you can also share the audio from your computer with other participants. This can be useful for playing music, sharing presentations with audio, or ...
Building your own computer can be a rewarding and cost-effective way to get a high-performance machine tailored to your specific needs. However, it also requires careful planning and execution, and one of the most important factors to consider is the time it will take. The exact time it takes to ...
Sleep mode is a power-saving state that allows your computer to quickly resume operation without having to boot up from scratch. This can be useful if you need to step away from your computer for a short period of time but don’t want to shut it down completely. There are ...
Introduction Computer-Assisted Translation (CAT) has revolutionized the field of translation by harnessing the power of technology to assist human translators in their work. This innovative approach combines specialized software with human expertise to improve the efficiency, accuracy, and consistency of translations. In this comprehensive article, we will delve into the ...
In today’s digital age, mobile devices have become an indispensable part of our daily lives. Among the vast array of portable computing options available, iPads and tablet computers stand out as two prominent contenders. While both offer similar functionalities, there are subtle yet significant differences between these two devices. This ...
A computer is an electronic device that can be programmed to carry out a set of instructions. The basic components of a computer are the processor, memory, storage, input devices, and output devices. The Processor The processor, also known as the central processing unit (CPU), is the brain of the ...
Voice Memos is a convenient app on your iPhone that allows you to quickly record and store audio snippets. These recordings can be useful for a variety of purposes, such as taking notes, capturing ideas, or recording interviews. While you can listen to your voice memos on your iPhone, you ...
Laptop screens are essential for interacting with our devices and accessing information. However, when lines appear on the screen, it can be frustrating and disrupt productivity. Understanding the underlying causes of these lines is crucial for finding effective solutions. Types of Screen Lines Horizontal lines: Also known as scan ...
Right-clicking is a common and essential computer operation that allows users to access additional options and settings. While most desktop computers have dedicated right-click buttons on their mice, laptops often do not have these buttons due to space limitations. This article will provide a comprehensive guide on how to right-click ...
Powering up and shutting down your ASUS laptop is an essential task for any laptop user. Locating the power button can sometimes be a hassle, especially if you’re new to ASUS laptops. This article will provide a comprehensive guide on where to find the power button on different ASUS laptop ...
Dell laptops are renowned for their reliability, performance, and versatility. Whether you’re a student, a professional, or just someone who needs a reliable computing device, a Dell laptop can meet your needs. However, if you’re new to Dell laptops, you may be wondering how to get started. In this comprehensive ...
Two-thirds of the country think that âNew Zealandâs economy is rigged to advantage the rich and powerfulâ. They also believe that âNew Zealand needs a strong leader to take the country back from the rich and powerfulâ. These are just two of a handful of stunning new survey results released ...
In today’s digital world, screenshots have become an indispensable tool for communication and documentation. Whether you need to capture an important email, preserve a website page, or share an error message, screenshots allow you to quickly and easily preserve digital information. If you’re an Asus laptop user, there are several ...
A factory reset restores your Gateway laptop to its original factory settings, erasing all data, apps, and personalizations. This can be necessary to resolve software issues, remove viruses, or prepare your laptop for sale or transfer. Here’s a step-by-step guide on how to factory reset your Gateway laptop: Method 1: ...
âYou talking about me?âThe neoliberal denigration of the past was nowhere more unrelenting than in its depiction of the public service. The Post Office and the Railways were held up as being both irremediably inefficient and scandalously over-manned. Playwright Roger Hallâs âGlide Timeâ caricatures were presented as accurate depictions of ...
Roger Partridge writes – When the Coalition Government took office last October, it inherited a country on a precipice. With persistent inflation, decades of insipid productivity growth and crises in healthcare, education, housing and law and order, it is no exaggeration to suggest New Zealand’s first-world status was ...
Rob MacCulloch writes – In 2022, the Curriculum Centre at the Ministry of Education employed 308 staff, according to an Official Information Request. Earlier this week it was announced 202 of those staff were being cut. When you look up “The New Zealand Curriculum” on the Ministry of ...
Chris Bishop’s bill has stirred up a hornets nest of opposition. Photo: Lynn Grieveson for The KākāTL;DR: The six things that stood out to me in Aotearoa’s political economy around housing, poverty and climate from the last day included:A crescendo of opposition to the Government’s Fast Track Approvals Bill is ...
Monday left me brokenTuesday, I was through with hopingWednesday, my empty arms were openThursday, waiting for love, waiting for loveThe end of another week that left many of us asking WTF? What on earth has NZ gotten itself into and how on earth could people have voluntarily signed up for ...
Hello! Here comes the Saturday edition of More Than A Feilding, catching you up on the past week’s editions.State of humanity, 20242024, it feels, keeps presenting us with ever more challenges, ever more dismay.Do you give up yet? It seems to ask.No? How about this? Or this?How about this?Full story Share ...
Determining the hardest sport in the world is a subjective matter, as the difficulty level can vary depending on individual abilities, physical attributes, and experience. However, based on various factors including physical demands, technical skills, mental fortitude, and overall accomplishment, here is an exploration of some of the most challenging ...
The allure of sport transcends age, culture, and geographical boundaries. It captivates hearts, ignites passions, and provides unparalleled entertainment. Behind the spectacle, however, lies a fascinating world of financial investment and expenditure. Among the vast array of competitive pursuits, one question looms large: which sport carries the hefty title of ...
Introduction Pickleball, a rapidly growing paddle sport, has captured the hearts and imaginations of millions around the world. Its blend of tennis, badminton, and table tennis elements has made it a favorite among players of all ages and skill levels. As the sport’s popularity continues to surge, the question on ...
Abstract: Soccer, the global phenomenon captivating millions worldwide, has a rich history that spans centuries. Its origins trace back to ancient civilizations, but the modern version we know and love emerged through a complex interplay of cultural influences and innovations. This article delves into the fascinating journey of soccer’s evolution, ...
Tinting car windows offers numerous benefits, including enhanced privacy, reduced glare, UV protection, and a more stylish look for your vehicle. However, the cost of window tinting can vary significantly depending on several factors. This article provides a comprehensive guide to help you understand how much you can expect to ...
The pungent smell of gasoline in your car can be an alarming and potentially dangerous problem. Not only is the odor unpleasant, but it can also indicate a serious issue with your vehicle’s fuel system. In this article, we will explore the various reasons why your car may smell like ...
Tree sap can be a sticky, unsightly mess on your car’s exterior. It can be difficult to remove, but with the right techniques and products, you can restore your car to its former glory. Understanding Tree Sap Tree sap is a thick, viscous liquid produced by trees to seal wounds ...
The amount of paint needed to paint a car depends on a number of factors, including the size of the car, the number of coats you plan to apply, and the type of paint you are using. In general, you will need between 1 and 2 gallons of paint for ...
Jump-starting a car is a common task that can be performed even in adverse weather conditions like rain. However, safety precautions and proper techniques are crucial to avoid potential hazards. This comprehensive guide will provide detailed instructions on how to safely jump a car in the rain, ensuring both your ...
Graham Adams writes about the $55m media fund â When Patrick Gower was asked by Mike Hosking last week what he would say to the many Newstalk ZB callers who allege the Labour government bribed media with $55 million of taxpayersâ money via the Public Interest Journalism Fund â and ...
Note: this blog post has been put together over the course of the week I followed the happenings at the conference virtually. Should recordings of the Great Debates and possibly Union Symposia mentioned below, be released sometime after the conference ends, I'll include links to the ones I participated in. ...
The following was my submission made on the “Fast Track Approvals Bill”. This potential law will give three Ministers unchecked powers, un-paralled since the days of Robert Muldoon’s “Think Big” projects.The submission is written a bit tongue-in-cheek. But it’s irreverent because the FTAB is in itself not worthy of respect. ...
One Could Reduce Child Poverty At No Fiscal CostFollowing the Richardson/Shipley 1990 âredesign of the welfare stateâ â which eliminated the universal Family Benefit and doubled the rate of child poverty â various income supplements for families have been added, the best known being âWorking for Familiesâ, introduced in 2005. ...
Buzz from the Beehive A few days ago, Point of Order suggested the media must be musing âon why Melissa is muteâ. Our article reported that people working in the beleaguered media industry have cause to yearn for a minister as busy as Melissa Leeâs ministerial colleagues and we drew ...
1. What was The Curse of Jim Bolger?a. Winston Peters b. Soon after shaking his hand, world leaders would mysteriously lose office or shuffle off this mortal coilc. Could never shake off the Mother of All Budgetsd. Dandruff2. True or false? The Chairman of a Kiwi export business has asked the ...
Jack Vowles writes – New Zealand is said to be suffering from âserious populist discontentâ. An IPSOS MORI survey has reported that we have an increasing preference for strong leaders, think that the economy is rigged toward the rich and powerful, and political elites are ignoring âhard-working peopleâ. ...
It appears Nicola Willis is about to pull the rug out from under the feet of local communities still dealing with the aftermath of last yearâs severe weather, and local councils relying on funding to build back from these disasters. ...
The Government is making short-sighted changes to the Resource Management Act (RMA) that will take away environmental protection in favour of short-term profits, Labourâs environment spokesperson Rachel Brooking said today. ...
Labour welcomes the release of the report into the North Island weather events and looks forward to working with the Government to ensure that New Zealand is as prepared as it can be for the next natural disaster. ...
The Labour Party has called for the New Zealand Government to recognise Palestine, as a material step towards progressing the two-State solution needed to achieve a lasting peace in the region. ...
Some of our countryâs most important work, stopping the sexual exploitation of children and violent extremism could go along with staff on the frontline at ports and airports. ...
The Governmentâs Fast Track Approvals Bill will give projects such as new coal mines a âget out of jail freeâ card to wreak havoc on the environment, Labour Leader Chris Hipkins said today. ...
Cuts to frontline hospital staff are not only a broken election promise, it shows the reckless tax cuts have well and truly hit the frontline of the health system, says Labour Health spokesperson Ayesha Verrall. ...
The Green Party has joined the call for public submissions on the fast-track legislation to be extended after the Ombudsman forced the Government to release the list of organisations invited to apply just hours before submissions close. ...
New Zealandâs good work at reducing climate emissions for three years in a row will be undone by the National governmentâs lack of ambition and scrapping programmes that were making a difference, Labour Party climate spokesperson Megan Woods said today. ...
More essential jobs could be on the chopping block, this time Ministry of Education staff on the school lunches team are set to find out whether they're in line to lose their jobs. ...
The Government is trying to bring in a law that will allow Ministers to cut corners and kill off native species, Labour environment spokesperson Rachel Brooking said. ...
Cancelling urgently needed new Cook Strait ferries and hiking the cost of public transport for many Kiwis so that National can announce the prospect of another tunnel for Wellington is not making good choices, Labour Transport Spokesperson Tangi Utikere said. ...
A laundry list of additional costs for TÄmaki Makarau Auckland shows the Minister for the city is not delivering for the people who live there, says Labour Auckland Issues spokesperson Shanan Halbert. ...
The Green Party has today launched a step-by-step guide to help New Zealanders make their voice heard on the Governmentâs democracy dodging and anti-environment fast track legislation. ...
The National Governmentâs proposed changes to the Residential Tenancies Act will mean tenants can be turfed from their homes by landlords with little notice, Labour housing spokesperson Kieran McAnulty said. ...
Green Party co-leader Marama Davidson is calling on all parties to support a common-sense change thatâs great for the planet and great for consumers after her memberâs bill was drawn from the ballot today. ...
A significant milestone has been reached in the fight to strike an anti-Pasifika and unfair law from the countryâs books after Teanau Tuionoâs membersâ bill passed its first reading. ...
New Zealand has today missed the opportunity to uphold the right to a clean, healthy, and sustainable environment, says James Shaw after his memberâs bill was voted down in its first reading. ...
Todayâs advice from the Climate Change Commission paints a sobering reality of the challenge we face in combating climate change, especially in light of recent Government policy announcements. ...
Minister for Disability Issues Penny Simmonds appears to have delayed a report back to Cabinet on the progress New Zealand is making against international obligations for disabled New Zealanders. ...
The Governmentâs newly announced review of methane emissions reduction targets hints at its desire to delay Aotearoa New Zealandâs urgent transition to a climate safe future, the Green Party said. ...
The Government must commit to the Maitai School building project for students with high and complex needs, to ensure disabled students from the top of the South Island have somewhere to learn. ...
Mental Health Minister Matt Doocey and his Government colleagues have made a meal of their mental health commitments, showing how flimsy their efforts to champion the issue truly are, says Labour Mental Health spokesperson Ingrid Leary. ...
Energy Minister Simeon Brown has welcomed an important milestone in New Zealandâs hydrogen future, with the opening of the countryâs first network of hydrogen refuelling stations in Wiri. âI want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealandâs own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealandâs energy sector as it looks to strengthen ...
Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. âThe report shows that New Zealandâs emergency management system is not fit-for-purpose and there are some significant gaps we need to address,â Mr Mitchell ...
Justice Minister Paul Goldsmith is today travelling to Europe where heâll update the United Nations Human Rights Council on the Governmentâs work to restore law and order. âAttending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealandâs human rights progress, priorities, and challenges, while ...
Associate Agriculture Minister, Mark Patterson, formally reopened the worldâs largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. âThe reopening of this facility will significantly lift the economic opportunities available to New Zealandâs wool sector, which already accounts for 20 per cent of ...
Hon Andrew Bayly, Minister for Small Business and Manufacturing At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin  NgÄ mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho  Good Afternoon and thank you for inviting me to open your summit today.  I am delighted ...
The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. âOur Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealandâs overseas missions.  âOur diplomats have a vital role in maintaining and protecting New Zealandâs interests around the world,â Mr Peters says.  âI am pleased to announce the appointment of these senior diplomats from the ...
New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today. Â âOver 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale. âIt is good ...
The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. âOur coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
âChina remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,â Trade and Agriculture Minister Todd McClay says.  Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. âRecently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachersâ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa. The summit is co-hosted ...
A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.  âThe Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. âScience, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr. The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During todayâs meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. âThe Westport community has already been allocated almost $3 million ...
The Government is proud to support the first ever Repco Supercars Championship event in TaupĆ as up to 70,000 motorsport fans attend the TaupĆ International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. âAnticipation for the ITM TaupĆ Super400 is huge, with tickets and accommodation selling out weeks ...
Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners. âThe 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 ...
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. âThis project seeks to increase the resilience of our mussels and significantly boost the sectorâs productivity,â Mr Jones says. âThe project - ...
Benefit figures released today underscore the importance of the Governmentâs plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. âBenefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
The Governmentâs commitment to doubling New Zealandâs 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 Zealandâs latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
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. âOur Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
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. âNew Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Governmentâs intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. âThe introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
Todayâs announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Governmentâs plan to get the economy back on track, acting Finance Minister Chris Bishop says. âInflation is now at 4 per ...
Refreshed health guidance released today will help parents and schools make informed decisions about whether their child needs to be in school, addressing one of the key issues affecting school attendance, says Associate Education Minister David Seymour. In recent years, consistently across all school terms, short-term illness or medical reasons ...
Oceans and Fisheries Minister Shane Jones is streamlining high-level oceans management while maintaining a focus on supporting the sectorâs role in the export-led recovery of the economy. âI am working to realise the untapped potential of our fishing and aquaculture sector. To achieve that we need to be smarter with ...
Associate Agriculture Minister Mark Patterson is speaking at the International Wool Textile Organisation Congress in Adelaide, promoting New Zealand wool, and outlining the coalition Governmentâs support for the revitalisation the sector.  "New Zealandâs wool exports reached $400 million in the year to 30 June 2023, and the coalition Government ...
The Government is making legislative changes to make it easier for new early learning services to be established, and for existing services to operate, Associate Education Minister David Seymour says. The changes involve repealing the network approval provisions that apply when someone wants to establish a new early learning service, ...
Changes to the Resource Management Act will align consenting for coal mining to other forms of mining to reduce barriers that are holding back economic development, Resources Minister Shane Jones says. âThe inconsistent treatment of coal mining compared with other extractive activities is burdensome red tape that fails to acknowledge ...
Trade, Agriculture and Forestry Minister Todd McClay has concluded productive discussions with ministerial counterparts in Beijing today, in support of the New Zealand-China trade and economic relationship. âMy meeting with Commerce Minister Wang Wentao reaffirmed the complementary nature of the bilateral trade relationship, with our Free Trade Agreement at its ...
Prime Minister Christopher Luxon today paid tribute to Singaporeâs outgoing Prime Minister Lee Hsien Loong.  Meeting in Singapore today immediately before Prime Minister Lee announced he was stepping down, Prime Minister Luxon warmly acknowledged his counterpartâs almost twenty years as leader, and the enduring legacy he has left for Singapore and South East ...
Prime Minister Christopher Luxon held a bilateral meeting today with Singapore Prime Minister Lee Hsien Loong. While in Singapore as part of his visit to South East Asia this week, Prime Minister Luxon also met with Singapore President Tharman Shanmugaratnam and will meet with Deputy Prime Minister Lawrence Wong. During todayâs meeting, Prime Minister Luxon ...
Source: The Conversation (Au and NZ) – By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, ...
Source: The Conversation (Au and NZ) – By Dan Lowry, Ice Sheet & Climate Modeller, GNS Science Hugh Chittock/Antarctica New Zealand, CC BY-SA As the climate warms and Antarcticaâs glaciers and ice sheets melt, the resulting rise in sea level has the potential to displace hundreds of millions of ...
The government's plan to reintroduce a three strikes regime is being strongly opposed by lawyers, who argue there is no evidence it reduces crime or helps people rehabilitate. ...
Source: The Conversation (Au and NZ) – By Dan Jerker B. Svantesson, Professor specialising in Internet law, Bond University Do Australian courts have the right to decide what foreign citizens, located overseas, view online on a foreign-owned platform? Anyone inclined to answer âyesâ to this question should perhaps also ask ...
Source: The Conversation (Au and NZ) – By Giovanni E Ferreira, NHMRC Emerging Leader Research Fellow, Institute of Musculoskeletal Health, University of Sydney Last week in a post on X, owner of the platform Elon Musk recommended people look into disc replacement if theyâre experiencing severe neck or back pain. ...
Source: The Conversation (Au and NZ) – By David Hayward, Emeritus Professor of Public Policy, RMIT University anek.soowannaphoom/Shutterstock NSW Treasurer Daniel Mookhey caught the headlines yesterday, courtesy of a blistering speech condemning the latest GST carve-up. New South Wales, he claimed, would be A$11.9 billion worse off over the ...
While police are "broadly in favour", the government's proposed anti-gang laws are facing pushback from lawyers, rights groups and former gang members. ...
While police are "broadly in favour", the government's proposed anti-gang laws are facing pushback from lawyers, rights groups and former gang members. ...
By Miriam Zarriga in Port Moresby Australian Prime Minister Anthony Albanese has arrived at Kokoda Station, Northern province, at the start of his state visit to Papua New Guinea. Both Albanese and Prime Minister James Marape will meet with the locals and the Northern Provincial government before they begin their ...
Source: The Conversation (Au and NZ) – By Chris Wallace, Professor, School of Politics Economics & Society, Faculty of Business Government & Law, University of Canberra Shutterstock An important principle was invoked by Prime Minister Anthony Albanese last week in defence of the governmentâs Future Made in Australia industry ...
A poll last August found that just 16% of New Zealanders oppose bringing back the âThree Strikesâ law. The nationwide poll of 1,000 New Zealanders was commissioned by Family First NZ and carried out by Curia Market Research. ...
The solo show from Ana Scotney is both sprawling and intimate, and a must-see, writes Mad Chapman. In the opening moments of Scattergun: After the Death of RĆ«aumoko, writer and performer Ana Scotney lays out the groundwork, literally. Silently moving around the square stage, Scotney is not so much dancing ...
Source: The Conversation (Au and NZ) – By Kate Burridge, Professor of Linguistics, Monash University Who makes the words? Why are trees called trees and why are shoes called shoes and who makes the names? – Elliot, age 5, Eltham, Victoria Good question Elliot! Letâs start with ...
Source: The Conversation (Au and NZ) – By Stephen Duckett, Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne at amRawpixel.com/Shutterstock Roles of health professionals are still unfortunately often stuck in the past. That is, before the ...
COMMENTARY:By Malcolm Evans Last weekâs leaked New York Times staff directive, as to what words can and cannot be used to describe the carnage Israel is raining on Palestinians, is proof positive, since those reports are published verbatim here in New Zealand, that our understanding of the conflict is ...
In the case of New Zealand, the results confirm that there is no popular support for the vicious austerity program being imposed by the National Party-led government, which is backed in all fundamental respects by the opposition Labour Party. ...
The âVampireâ singer has never visited our part of the world, but that might all be about to change. We assess the evidence.Olivia Rodrigoâs Guts World Tour is pulling in massive crowds as it whips around the US and Europe, even helping to catapult regular supporting act Chappell Roan ...
Testing of drinking water in rural Canterbury over the weekend by Greenpeace revealed that several public town supplies were reaching levels of nitrate above 5 mg/L - the threshold which a growing body of scientific evidence has linked to increased ...
Source: The Conversation (Au and NZ) – By Rohan Fisher, Information Technology for Development Researcher, Charles Darwin University It may come as a surprise to hear 2023 was Australiaâs biggest bushfire season in more than a decade. Fires burned across an area eight times as big as the 2019â20 Black ...
Responding to the Governmentâs announcement of changes to resource management laws, Taxpayersâ Union Executive Director, Jordan Williams, said: âThese changes are a step in the right direction in terms of removing ideological and unworkable ...
More than two years after the Human Rights Council called for the establishment of a national human rights commission, such a body has yet to be formed. ...
Comment:An emergency management system with wide variations in performance, significant capability gaps, funding shortfalls and above all a setup that is not meeting the needs of New Zealanders at times of crisis. The Governmentâs inquiry into the response to Cyclone Gabrielle and other severe weather events in the North ...
Welcome to the whirring wonders of one brain trying to align its actions with its beliefs within a system it thinks is evil. My brain has been spiralling in a woke conundrum ever since I found out a bookshop Iâve never been to was shutting down. Good Books, a bookshop ...
We repeat our call for criminal justice policy to be based on evidence, something the three strikes regime neglects to recognise â with no evidence that it either reduces crime or assists with rehabilitation. ...
By Koroi Hawkins, RNZ Pacific editor in Honiara With only four more seats in the 50-member Parliament yet to be officially declared, there is no outright winner in the Solomon Islands elections. As of Monday, the two largest blocs in the winnerâs circle, independents and the incumbent Prime Minister Manasseh ...
Two/fiftyseven is a multi-purpose space hidden in the heart of Wellington that is paving a way for sustainable building and responsible landlording in Aotearoa and beyond.By 2060 the world is predicted to double its entire building stock, which equates to building an entire New York City every 34 days, ...
Popstars wasnât just a reality television revolution, it was also a huge moment for Y2K fashion.Itâs 25 years since girl group TrueBliss was formed on New Zealand national television, breaking new ground for both the reality television industry and the shiny clothing industry. With the first episode on NZ ...
Source: The Conversation (Au and NZ) – By Christopher Pepping, Associate Professor in Clinical Psychology, Griffith University Marvin / Shutterstock Are all single people insecure? When we think about people who have been single for a long time, we may assume itâs because single people have insecurities that make ...
Source: The Conversation (Au and NZ) – By William Geary, Lecturer in Quantitative Ecology & Biodiversity Conservation, The University of Melbourne Trismegist san, Shutterstock Landscapes that have escaped fire for decades or centuries tend to harbour vital structures for wildlife, such as tree hollows and large logs. But these ...
Source: The Conversation (Au and NZ) – By Rebecca Gladstone-Gallagher, Lecturer in Marine Science, University of Auckland, Waipapa Taumata Rau Shutterstock/S Curtis Why are we crossing ecological boundaries that affect Earthâs fundamental life-supporting capacity? Is it because we donât have enough information about how ecosystems respond to change? Or ...
Source: The Conversation (Au and NZ) – By Matthew Crocker, PhD Student in Economics, Deakin University Hereâs something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its ...
As part of our series exploring how New Zealanders live and our relationship with money, a charity director outlines how sheâs saving for retirement and buying secondhand. Want to be part of The Cost of Being? Fill out the questionnaire here.Gender: Female Age: 45 Ethnicity: PÄkehÄ Role: Charity director, mum of ...
Source: The Conversation (Au and NZ) – By Sophie Yates, Research Fellow, Crawford School of Public Policy, Australian National University Many Australians with disability feel on the edge of a precipice right now. Recommendations from the disability royal commission and the NDIS review were released late last year. Now a ...
Itâs been called a failed experiment and a judicial straightjacket but the government says the revised three strikes law will be a more workable regime, writes Anna Rawhiti-Connell in this excerpt from The Bulletin, The Spinoffâs morning news round-up. To receive The Bulletin in full each weekday, sign up here. Three ...
New Zealandâs Palestinian community and Palestinian Youth Aotearoa are voicing alarm and disappointment with the lack of factual rigour present during the Israeli Ambassadorâs appearance as a guest on TVNZâs Q+A With Jack Tame Sunday (21/04). ...
Both ACT leader David Seymour, who played a key role in drawing up the assisted dying law, and hospice leaders say it's time the legislation was changed. ...
Public submissions on proposed gang control laws are being heard today. Rising gang membership has been cited as rationale for a crackdown â but what do we actually know about how many people belong to gangs in New Zealand?Whatâs all this then?A rise in the number of gang ...
Climate activists are setting their sights on an unpopular target, and hoping to bring lots of the public with them. Itâs hard to miss the Majestic Princess: the enormous cruise ship, docked at Aucklandâs Princeâs Wharf, looms over the nearby buildings. The ship, which can fit nearly 6,000 people, ...
Opinion: Weâve kicked the tyres on the perception NZâs economy is in a parlous state compared to Australia. We take a quick tour of relative trends in GDP, housing markets, labour markets, trade, the fiscal situation, and the outlooks for inflation and interest rates. We find the cyclical positions of ...
Opinion: Making sure developers, local and central government, and landowners are all on the same page makes sense The post A new kind of city deal appeared first on Newsroom. ...
Loading…(function(i,s,o,g,r,a,m){var ql=document.querySelectorAll('A[quiz],DIV[quiz],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, Tuesday 23 April appeared first on Newsroom. ...
The following korero between NgÄhuia te AwekĆtuku, author of the newly published memoir Hine Toa, one of the year’s most important books, and Dale Husband from e-tangata, was first published in October. It traverses her involvement with the activist group NgÄ Tamatoa at Auckland University in the early 1970s, her ...
In the 16 years since it was bought by the government for $690 million, KiwiRail has had several overhauls and turnaround plans worth billions of dollars. Its ambitions as a successful, profitable operator of tourism, freight and ferries have often been derailed by disasters from earthquakes to cyclones, mine explosions ...
By Russell Palmer, RNZ News digital political journalist New Zealandâs Foreign Minister Winston Peters is putting off recognition of Palestine as a state, despite opposition Labourâs formal request that he make the move. Peters said diplomatic recognition of Palestine was a matter of âwhen not ifâ, but doing so now ...
The opposition has laid into the government's plan to reintroduce a "three strikes" regime, saying it's inequitable and there's very little evidence it works. ...
Source: The Conversation (Au and NZ) – By Rob Nicholls, Senior research associate, University of Sydney Australiaâs eSafety Commissioner has ordered social media platform âXâ (formerly known as Twitter) to remove graphic videos of the stabbing of Bishop Mar Mari Emmanuel in Sydney last week from the site. The incident ...
Source: The Conversation (Au and NZ) – By John Turnbull, Postdoctoral Research Associate, University of Sydney John Turnbull, CC BY-NC-ND In past bleaching events on the Great Barrier Reef, the southern region has sometimes been spared worst of the bleaching. Not this time. This yearâs intense underwater heat has ...
Source: The Conversation (Au and NZ) – By Sarah Austin, Lecturer in Theatre, The University of Melbourne Darren Gill/Mackey, Darling & Collaborators The relationship between witchcraft and teenage girls has been the subject of many books, films and television shows. Over time, the traditional image of witch as crone ...
Analysis by Dr Bryce Edwards, Democracy Project (https://democracyproject.nz)Political scientist, Dr Bryce Edwards. Calling all journalists, academics, planners, lawyers, political activists, environmentalists, and other members of the public who believe that the relationships between vested interests and politicians need to be scrutinised. We need to work together to make sure ...
Source: The Conversation (Au and NZ) – By Becky Freeman, Associate Professor, School of Public Health, University of Sydney Andres Siimon/Unsplash There are no silver bullets, magic tricks or secret hacks to solving complex public health problems. Taking on the global tobacco industry and reducing the devastating consequences of ...
Source: The Conversation (Au and NZ) – By Adam B. Watts, Research Associate in galaxy evolution, The University of Western Australia ESO/A. Watts et al., CC BY We breathe oxygen and nitrogen gas in our atmosphere every day, but did you know that these gases also float through space, ...
Source: The Conversation (Au and NZ) – By Suzanne Nielsen, Professor and Deputy Director, Monash Addiction Research Centre, Monash University Maxime Bhm/Unsplash A new group of drugs called nitazenes has been detected in Australia. They have been sold as heroin as well as other drugs like ketamine. Concerns ...
Source: The Conversation (Au and NZ) – By Anne Twomey, Professor emerita, University of Sydney Image from Bradlow + Bock campaign Can the job of being a federal member of parliament be shared by two or more persons? Two prospective candidates for the inner-Melbourne federal seat of Higgins, Lucy ...
Source: The Conversation (Au and NZ) – By Zoe Rathus, Senior Lecturer in Law, Griffith University Shutterstock In October 2023, the federal parliament passed major changes to how childrenâs cases are decided under the Family Law Act, which kick in next month. Among other things, they repeal a ...
By Salwa Amor in Istanbul Palestine solidarity activists are preparing a flotilla to deliver urgently needed humanitarian aid to Gaza, vowing to break Israelâs blockade of the Palestinian territory on board the Akdeniz, a seven-deck passenger ship. Currently docked in Istanbul, the ship will carry 800 people from more than ...
Logic 101:
There is no such thing as bright & poor.
Labour are the party for the thick.
Therefore Labour will make you poor.
Probably written by the same person Batman met in Melb uncovering the H-Fee boomerang.
Thanks for putting your hand up as one of the thuck there John
I remember reading that article a few days ago and it brought such a smile to my face.
“NEW Zealanders have voted for change – a leap from Left to Right – with all the enthusiasm and reasoning power of a doped slug.” Is one of my favorite quotes as well as “Bring Barack Obama to mind — strip him of charisma and vision, then douse him in White King — and you’ve got NZ’s new PM.”
John, what are you basing your “logic” on? Have you actually read the article this post was set aside for, it doesn’t seem like it. It seems like your trolling for… well i’m sure you have your reasons.
He doesn’t realise Vinsin that the world media thinks we are just a stupid little country that needs a reminder that voting is actually a responsibility. Voting for change for change sake has the world laughing at us and maybe we just realise how great this country is… perhaps now, was.
New Zealand voted for change simple. I think most of us on the right can say one reason we won was because New Zealand doesn’t like their governments in power for too long hence one reason Labour lost.
Labour won the Australian election after a strong Liberal-National coalition and over there you couldn’t exactly justify the change either.
I never understood arguments from the left saying because other countries went left New Zealand should stay left. The reason Australia went left was that they too were tired of their long-term government. And because of their system, that resulted in a massive defeat.
Its simply the removing of long-term governments in English speaking countries. It’ll be interesting to see what Britain does. They may indeed become the exception and not change governments.
Lampie – I am not thuck, just a sales manager on over $100K. I am a rich prick actually.
I was re calling my days from Stage 1 Logic at Uni.
Please tell me how Greens would get NZ out of the mire we are in, ohhhhhhhh please. By tax, tax, tax to pay for the poor thick people out there? Job creation would ruin the environment, we need a committee to decide.
“I am not thuck, just a sales manager on over $100K. I am a rich prick actually.”
Please explain why that negates the possibility of you being a bit thuck.
You don’t need to use university level logic (it’s beyond you anyway), primary school level should suffice for this.
Glad that discrimination is alive and well in NZ
Wouldn’t worry too much what the Ozzies say – their economy is going pear-shaped just as quickly as ours, if not faster.
I really hope they have invested their squillions from mineral exports into things like producing fresh water and food – at least we (still, just) have enough of those things over here.
I always find it amusing, but slightly sad, how whenever someone overseas publishes something negative about NZ the media, including bloggers, are so quick to publish it.
Why do they (you) feel they (you) need to do that?
Just seems negative and un-necessary to me…
Wow John, $100k plus? Can I have your babies, you sound purrrrfect!
But seriously, people who talk about their enormous “salaries” in front of strangers. Like, whatever đ
lol Felix, I’m on $130K so I must be brighter
GC: Hell no, the UK Tories are going to completely own the coming election. Though the LibDems might increase their share of the pie a little.
L
gingercrush,
do I take it how the last nine years of national would be dealt by you in the same sense as your commentary regarding Labour..?
You write of “longterm government”. Nine years.. lucky kiwis huh. Yeah, seriously, for instance the Thatcher years in UK are no mean respecter of justice for Britain’s prevailing mess.. financial, economic and you name it.. Like Blackpool rock ‘the thatcher’ went the whole way through..
Something you could never say for Prime Minister Clark and her Deputy Dr. Cullen.. or are ever likely to say for their successors.
ps: the singer song – aussie link – entertains
Jill, spot on. Like the magpie that swoops on anything flashy, my fellow New Zealanders could not get past the shiny new political offering that is John Key. His forex career was king but bereft of any investigation into it, we were offered crafted populist pieces about the “state house kid” made good.
Questions in the last two weeks of the campaign over the contradictory timeline of his earliest career in New Zealand were readily glossed over by media. The contradiction was simply explained away as “he had his dates wrong” when he said in a NZ Herald article last year he had left Elders for Bankers Trust in 1987 three months before H-Fee and three months before the October 87 sale of NZ Steel.
We were asked to take it as given the NZ Herald had corrected the year he resigned from Elders to 1988 in an article in February; although making a 1988 resignation possible to support his 1991 NCA H-Fee testimony, the article committed much of it’s February copy to the lucrative working relationship he had with Bankers Trust New York trader Andrew Krieger. Considering Krieger resigned New York’s Bankers Trust in December 1987, a 1988 relationship with Krieger would have being impossible.
In the wake of Saturday’s election result, Key has said he’d “rather be a loser, than a liar”. It looks like he’s mastered the first; let’s see how long it takes him to master the second.
lol Felix, I’m on $130K so I must be brighter
pssst Jono, I made that up, beauty of the net, be anyone
John: ” I am not thuck, just a sales manager on over $100K. I am a rich prick actually.”
………given your job probably will not survive the crisis looming like a tsunami round our shores, you may have to go into buzzness yourself, and become a struggling prick. Failing that you may have to go on the dole with the rest of the sales team and join the newly formed but rapidly growing queues of thuck. Good luck.
Dont forget remove the F from Failure and you get Sailure.
My statement was simply New Zealand doesn’t like long-term governments. New Zealand favours 2-3 term governents. National right now should look forward to winning the 2011 election. (Though its early days so who knows).
If National does get two terms. Then they will really have to fight for three terms. If they do get three terms the probability is they get removed like Helen Clark’s Labour government only got three terms. Because I don’t think New Zealand wil have a government in for longer than three terms. And likely the same arguments the people on the left used will be used by the right. I think New Zealand did want change in 2008 but I also think many were simply tired of Labour.
Lets say National enjoys the success that Labour did from 1999-2008 then the same will be in effect. New Zealand will desire change but maybe most important they just want a new government and have become tired of the last government.
Anyone notice that Key is about to get a 5 headed monster government?
Juhn? are you stull here?
Are you stull reading the quustiun? I’ll guv you a but more time thun…
Kiwis and Americans arnt so different it seems , maybe we’ve just come out of our Clinton years.
oh yay commentator’s are comparing salary sizes now , whats next, I drive a Lexus with walnut dash?
Evidence, no it’s a sound government when National do it.
Gc, i don’t actually think people were that keen on “change”, a lot of people didn’t vote. (tired left-wing argument i know but nonetheless true)
felix,
Juhn? are you stull here?
One of the other notes left for me here was “look out for the fellix(sic) joker”.
I can see why.. đ
bobo I think we all know what’s next.
Is John Stevens for real?
Your glee over that nasty article strikes me as the start of *your* “NZ Sux” campaign.
That is, I’m fairly confident that you don’t consider the NZ public to have the reasoning ability of a doped slug but are cynically willing to promote an article that says so now that it suits you to do so. Hypocritical.
Am quite enjoying the spectacle of such intelligent debate….
A bit like sitting in on a group counselling session….
Off topic : So Osama bin Laden’s son wants to live here, this could this be the first foreign affairs test for John Key and the world media is taking an interest in this case.
camryn,
but are cynically willing to promote an article that says so now that it suits you to do so
Thats a great filter on yo’ pic. Green. Eye cover..?
Sorry Vinsin. The fact National won this election as decisive as they did seems to me people wanted a change. People wanted a change and were tired of the Labour government. Both the Howard government and Clark’s government enjoyed excellent economical times. They played it safe with neither going too extreme. But both fell victim to a mood for change.
The vote turnout was lower compared to 2005. Clearly South Auckland voters felt change was in the air, thus they chose not to turn-up. Basically it was South Auckland and Waitakere that chose not to turn up for the polls. Otherwise voter turnout was rather the same as 2005. So sorry but I don’t think your argument rings true. New Zealand gets TIRED OF LONG TERM GOVERNMENTS AND OVERTIME THEY WANT CHANGE. How clear can I be?
Is this the same Australia that elected John Howard four times?
“Juhn? are you stull here?
Are you stull reading the quustiun? I’ll guv you a but more time thun ”
Hess aut dule office, gettiung handout from your tuxes
Yeah, it’s cathartic (supposedly for them)
Not much in the way of introspection as to why labour lost. Still that will come in time. In the meantime I expect, must like a jilted husband left wing posters will blame everyone but themselves. Tumeke is a precusor to this.
FUTZY???
G/cruch,
OVERTIME THEY WANT CHANGE. How clear can I be?
Well, over time would help. Can’t have folks working anytime and all the time can we..;-)
“Your glee over that nasty article strikes me as the start of *your* “NZ Sux’ campaign.”
Sorry, your mob got a head start on that one
It’s funny how a couple of weeks ago the Aussie media were just the propaganda wing of a war supporting, racist colonial nation and now we should all defer to their wisdom about our new government.
Gc, I agree with you, “over time people get tired of a long term government and want a change.” (In government.)
What I find problematic is this vague use of the word “change.” If you mean change in government then fine, but you need to say this.
“How clear can i be?” You can be clearer by saying, “change in government,” not just “change,” change can mean anything and everything. This is why I have problems with this constant use of the word because if people were really voting for change then perhaps we would have seen an Act led government. National has been called Labour-lite, moderate centrist, and by Wodney, “more left leaning then Helen” so to say again, ‘did NZ’ers really vote for change?’ (When i say change I mean real changes to policies, thinking and methods.) Or – and this is probably more correct – did they vote for less of the same?
Another point that should probably be made here is that National only managed to grab an extra 6% of the party vote. The support National had in the last election was around 41% and I get the feeling that they could probably described as core supporters. Now then, I don’t think they would’ve voted differently – or for this fantastic word change – because the core support believes in the ideals, political ideology and views of their particular party. So, once again I don’t think we can say without any doubt that NZ voted for change; this is too simplistic, we could probably say 6% voted for “change” and if we add in Act’s party vote – let’s just round it up to ten – we can say 10% of NZ voted for a change in government. It was enough to push the Nats over the line but not enough for me to buy this “NZ voted for change” slogan your parroting.
‘Clearly South Auckland voters felt change was in the air, thus they chose not to turn-up.Basically it was South Auckland and Waitakere that chose not to turn up for the polls.’ This isn’t a vote for change, this a vote of apathy. I’m sorry but your argument that not voting is a vote for change (National) is ludicrous.
It may seem like i’m being a stickler for clarity but if there’s one lesson we all should take from this election result it’s to never underestimate the power of language. I, like a lot of people, didn’t realize how effective this word, “change,” was at getting people to pay less attention to actual policies. The Nats did well to borrow Obama’s slogan and we (us lefties) underestimated it’s appeal.
Could Jill Singer be any more patronising?
Jill Singer reckons the New Zealand public has shown the reasoning of a “doped-up slug” when voting. Since she’s started with the insults, I’d say she should probably leave the politics alone and stick with book reviews, celebrity gossip and such.
It is offensive to suggest that New Zealanders don’t know what they’re doing when they exercise their democratic right to chose. Jill Singer knows no more about my motivations in voting than I know about her last bowel movement.
As an opinion piece, her article is fine. If it’s supposed to be real journalism, she should have made that bowel movement directly onto paper.
Jimbo,
any chance you telling us what a ‘chose’ is..? and yes, quite correct of you to say you have “motivatuons”.. a little shrill, however, to infer that yours and yours alone are the modus operandi of kiwi voters on the last election day..
Exactly right, Vinsin.
When John Key, at the end of election night, burbled euphorically of “New Zealanders in their hundreds of thousands” voting for change, it was a total exaggeration. Tens of thousands, maybe; while the core supporters of the left and the right voted pretty much as they always have, in accordance, rightly or wrongly, with their beliefs.
The floating voters in the middle are the ones who decide an election, and they unfortunately include the greedy (or, I must admit, the needy), who will vote for the best short term bribe, the confused and ignorant, who are trying to do their best and hope they haven’t made the same mistake as last time, and the gamblers and pin-stickers, who think elections are a sort of lotto – and they might just get lucky.
NEW Zealanders have voted for change – a leap from Left to Right – with all the enthusiasm and reasoning power of a doped slug.’ Is one of my favorite quotes as well as “Bring Barack Obama to mind ĂąâŹâ strip him of charisma and vision, then douse him in White King and give him a sex change ĂąâŹâ and you’ve got NZ’s OLD PM
About right!!
“NEW Zealanders have voted for change – a leap from Left to Right – with all the enthusiasm and reasoning power of a doped slug.’ Is one of my favorite quotes as well as “Bring Barack Obama to mind ĂąâŹâ strip him of charisma and vision, then douse him in White King and give him a sex change ĂąâŹâ and you’ve got NZ’s OLD PM
About right!!”
What, Key’s been rolled aready?
“Off topic : So Osama bin Laden’s son wants to live here, this could this be the first foreign affairs test for John Key and the world media is taking an interest in this case.”
Simple, has physical attributes suitable for fruit picking and can wipe his own arse, he’s in!!!
Vinsin – You are right on the mark, I think the apathy was put there by the brain washing and negativity of the media (and the polls) in the leadup which had a huge influence in the outcome of the election.
Jimbo,
I have to agree with Jill. I have never lived in a country were people in general were so stupid and uninformed about politics and so dumb in their reasons to vote.
Someone said in another article that everywhere else people put the Wall street bankers on shelves of ice and pushing them into the ocean and in NZ they give them more power.
No Jimbo,
People here really are incompetent and the suckers who voted for JK deserve what they are going to get, it’s just too bad that the people who voted against him are going to get hurt too.
In the kiwi defence I’d have to say that I have also never lived in country were the mass media were so controlled but in a time were we have the internet to do more research this should not have mattered that much.
travellev, if you think New Zealanders are so stupid and uninformed, then feel free to return the intelligent and informed country you came from.
What a horrible, nasty description of New Zealanders: “Incompetent and suckers”. You clearly made the wrong choice to come here. Have you got nothing other than abuse in your “New Zealand sux” campaign?
Tim Ellis,
I live in a rural and well informed community and I am very happy here. I’ve been happily married to a wonderful NZ bloke for more than 21 years and intend to stay that way for as long as I can but after a couple of days of contemplating about how NZers decide who to vote for I have come to the conclusion that most of them vote with their dick, also known as the little head.
The reasoning being the following: If it’s female and I would not want to bed her I won’t vote for her, no matter how competent. If the opponent is a bloke I would like to make misogynist jokes about ugly women with while sipping a beer next to the burning bangers on the BBQ I’ll vote for him no matter what his background or his experience is.
The big head doesn’t enter the equation as it where.
The result: New Zealand is the laughing stock around the world and has a lot of people shaking their head.
The entire world wants to get rid of the Wall street/City of London elite and we give our country to the same Wall street/City of London elite even though John Key has been a proven liar just because the newspapers have been telling us for the last three years that “we need change”.
Pretty stupid if you ask me.
Ms M,
Do you have a link confirming the December 1987 departure of Andrew Krieger?
I found one article in which Krieger tells us he left 1987 but three confirming a February 1988 departure, all of them from the NY Times archives.
Since Krieger left trading altogether after a short stint in senior management for Soros in June 1988 the August 29 1988 still makes it impossible for John Key to have worked with Krieger in 1988 anyway but I want my timeline to be as close to the facts as possible.
You’re very wrong, travellerev. I don’t make personal comments about Helen Clark. I have a lot of admiration and respect for her, particularly for what she has done for New Zealand internationally.
New Zealanders voted for Helen Clark three times. They weren’t misogynist then, and they aren’t now. It was the National Party who selected New Zealand’s first woman prime minister in Jenny Shipley.
Nice try at smearing all New Zealanders who voted for John Key as woman-haters, but you’re just wrong. You should try and understand more about New Zealanders and our political history rather than just abusing us.
Trust me Tim Ellis,
I try, I honestly try but I fail to see what is so attractive about a proven lying Wall street/City of London banker.
That is not a personal attack on John Key. He was caught lying a multitude of times. That’s a fact.
And even though the mainstream media does not want to delve into his past the fact remains that he lied about his career timeline, about his policies and about the amount of shares he had in Transrail.
The only hope I have is that as the financial crisis will hit hard, people will want to know how and why and whom to hold responsible and it won’t be too late.
I would not want to be in JK’s shoes when farmers and real estate builders and exporters find out what JK’s been up to in the years leading up to the global financial collapse; Selling crap financial products to suckers like the people in NZ who have lost their nest egg last year due to the subprime crisis.
Wouldn’t feel too insulted Tim, what you are hearing from travellerev is pretty true to form. You aren’t the first she’s had a go at and won’t be the last. Just check her other posts, on this blog and others.
At the end of the day, which many of the more reasonable bloggers from the left here have recognised, the election is over, and regardless of which side you stand on, it should be about getting on with it now.
Travellerev, you have been caught lying multiple times about John Key’s background, including in your most recent post. By your own standard, you are a proven liar.
New Zealanders have chosen John Key as Prime Minister to lead a National-led government. That is what happens in democracy. You have two choices. You can either accept the popular choice, as changes of government happen in democracies, or you can continue to show contempt for democratic systems by abusing New Zealanders who voted for him.
If you’re going to abuse New Zealanders, and hate us so much for making our democratic choice, then I suggest you go back to Holland. Or better yet, go to a regime that you like, and isn’t democratic so that it doesn’t change and you won’t suffer the pain of thinking ill towards your new country. Cuba and North Korea come to mind.
travellerev,
As part of a wider sociological research study, I have been tracking bloggers post election using the Kubler-Ross model. It has proven quite interesting.
Just to let you know, based on your postings in the last 24 hours, I have you pegged at around the peak of Stage 2.
Kind regards,
Chess Player: If you’re serious, and not taking the (well-deserved) piss, I’d be interested to see them results.
L
travellerev – where do we stat….. again.
i thought we’d put to bed the myth you’re pedaling about “Selling crap financial products to suckers like the people in NZ who have lost their nest egg last year due to the subprime crisis”. If you are talking about investors in 4 specific managed funds run by two specific investment managers, you have half a point but if you are talking about all the people who lost around $3 billion invested in NZ finance companies – very little to do with the subprime crisis. Fundamental reason those companies failed is because:
1 they were undercapitalised
2 their loans were almost 100% to property developers
3 their loans were amost exclusively second lien
4 their loans were almost exclusively PIK
5 they had a complete funding mismatch between the term profile of their assets and their liabilities
5 their management was generally either incompetent or corrupt
6 they generally engaged in ridiculous amounts of related party lending
7 the NZ property market was clearly highly overvalued, as many commentators have been pointing out for at least 3 years now.
All of these are red flags to any first year business studies student, let alone regulators and auditors, and yes – investors who typically should have known better. Unfortunately sucked in by slick TV advertising or poor advice by dopey financial planners.
Who is really to blame:
– the management of these companies for ignoring basic business principles and trying to get rich quick with little in the way of ethcs
– the NZ regulators and Government who were aware of the risk in this sector but chose to do feck all about it
You didn’t see and won’t see properly run finance companies like SCF, UDC, Marac etc fall over.
You need to get over your blind hatred of John Key. Even if one accepts you’re assertions are true (and we have already proved most of them are not), are they that significant? If they are true, are they any different to the slips of tongue pretty much every other politician has had. Like Helen Clark for instance – if you wanted to you could prove exactly the same types of things of her (or any other public figure) you are alleging of Key. The attacks on her as far as I am concerned are just as irrelevant, unless the incidents impact on how she did her job as PM. But if you critique her slip ups and trangressions with the same figure I would accept that you have an objective view point.
Get over it. He is rich. You don’t like rich people. This is tall poppy syndrome. In the absence of a socialist paradise where all income is completely redistributed (god forbid) “rich people” (those above $60,000 income per annum apparently), pay the bulk of taxes.
Hold Key to account for his actions as Prime Minister. Otherwise everyone will think you just have a personal vendetta. And clearly the misogynist line is a joke. There will always be fringe nuts on both right and left on many issues – the 90% in the middle of NZ is not, it is generally fair and reasonable. Keep on believing the vote went right because “men hate Helen”, you’ll doom labour to many years in opposition.
I am sorry you have such a poor opinion of New Zealanders. It is extremely arrogant to suggest that a country with the democratic tradition that NZ has has voters that are “Incompetent and suckers’. The most incredible thing about countries like NZ, Australia, US, Canada etc is the good grace with which power changes hands at after the people have voted, and often after a heated and spirited contest. You, me or any other individual (including Chris Trotter – his last commentary was the closest thing I have ever seen in this country to a call to fascism by a mainstream commentator) is not smarter than our democatic tradition. If you don’t like it, go back to whence you came. If you do like it, welcome.
Chess Player:
Crowing is still crowing even when its dressed up as pseudo scientific crowshit.
Tim Ellis:
You won, get over it. The next three years will prove how correct the left is that this election was bought by the rich and powerful posing as ‘centrists’ in order to implement their Rogernomics 2.
I’m sure youll keep cheeking back to lift your morale.
that should be “same vigour” not “same figure”
Lew,
“Chess Player: If you’re serious, and not taking the (well-deserved) piss, I’d be interested to see them results. ”
No worries, for a small fee…
Just send your 30 pieces of silver to;
Mr. K. Keiser
c/- Level 47,
Ray Zorgang House
1 The Terrace
Wellington
Your order will then be promptly fulfilled via our Nairobi clearing house.
gomango,
quite good summation.. thanks for it..
then:ĂąâŹâ (re blame)
– the management of these companies for ignoring basic business principles and trying to get rich quick with little in the way of ethcs
– the NZ regulators and Government who were aware of the risk in this sector but chose to do feck all about it
likely correct in the first part, half correct in the second. There has been a worldwide reliance on commercial corporations, who carried some pretty bad and recklessly arrogant attitudes on from prior industrials peers. This amounted to over-ride on corporate compliant governments..
silver lining, however, is certain knowledge that when commerfcial corporates stuff up bigtime they fall back on socialising their losses. This. assuredly, brings governments, public sectors, what you will, back into contention. At least.
And that, IMO, is the challenge for voters to take up. Singer (aussie link) revealed a missing aspect in the kiwi electorate’s character.
And yes, it’s a stretch perhaps, but this morning’s news of a 59 percent voter turnout would suggest something like a 60:40 breakdown in the enzed electorate’s sense of responsibilities.
Way to go…
Tim Ellis,
Lying is when you tell something proven to be false.
Lie number one/ John Key told is in this interview that he started to work with AK in late August 1988.
That is a lie and I can prove it is a lie. Why? Because in three articles in the NY Times online archives written by three different journalists on three different dates stretching over a period of three years from February 1988 via <a href=’http://query.nytimes.com/gst/fullpage.html?res=940DEFDF153FF934A35755C0A96E948260&scp=3&sq=andrew%20krieger&st=cseJune 1988 until September 1990 it is stated that AK left Bankers Trust possibly as early as December 1987 but definitely not later than February 1988 making it impossible for JK to have worked with him in late August 1988 for the Bankers Trust.
Since the 1990 article states that AK left Soros in June 1988 and that he left forex trading altogether in that month it is impossible for JK to have worked with him in August 1988 period.
I feel to see where I lie here.
Lie number two/ JK and the NZ Herald tell us that the Subprime crisis products were not developed until 2004-2005.
This is what the article tells us:
And it continues:
This is an absurd lie and I can prove it. In this BBC timeline in graphics article there is a graph showing when the Subprime mortgages started. This was at the end of 1997. and the bubble peaked in 2004 2005 2006 and collapsed in early 2007 so when JK visited his ex-bosses in their posh London headquarters on October 2007 ML was well onto their way of collapsing.
This is what happened when the Glass Steagall act was repealed unofficially in 1999 and officially in November 1999. Banks such as ML had been lobbying for this law to be repealed since 1987 and it made the whole scam possible.
“A beautiful model for fraud”
Since JK was reported by this link to be the Managing director of debt and he according to his own worlds was presiding over this department developing al these exiting new products in exactly the same time as the bubble began to build I reckon JK has every reason to tell people that ridiculous whopper especially since he worked and lived in New York of and on according to his own words in this speech and he was one of only four upon invitation only advisors to Alan Greenspan from 1999 until March 2001.
I fail to see where I lie here either.
Tim: I’d have to agree with travellerev.
Outside of the political circles that is a pretty accurate description of most peoples political decision making process this time around. They weren’t voting about anything substantive issue wise, they were voting on visceral responses on what are essentially non-issues.
For instance:-
Repeal of s59 – affects a few people each year, and was removed so judges could convict without having a ill-worded exception put up as a defense. Probably had more to do with the outcome of the election than anything else.
compared to
EFA. Most people had no idea what that is, and even fewer cared. But it was a substantive change in electoral law. The few that did know about it simply repeated the mantra that it was something to do with the pledge card (which was different legislation)
compared to
Cullen fund and its future. There was no debate about Nationals lack of commitment to keep forward loading it. The only debate I saw about Nationals commitment to change the law on it to put 40% in the local market was from economists and market analysts. They pretty well universally panned it as stupid and an ineffective use of the funds – contary to the intended purpose. The best I heard from the public was something about it sounds like a good idea…
compared to
Well you can fill in the list.
A suggestion to change the standards for lightbulbs to move towards something that produces less waste, consumed less power, and followed most of the western countries heading in that direction. People were up in arms about this… It was weird. I also saw more bullshit ‘science’ over this than I have since G was around.
compared to…… well you get the point
Essentially the less important an issue was, the more it seemed to have made an impact on the decision of people to vote centre-right. That is at least from the people I’ve talked to.
I’d say that travellerev’s description is pretty accurate. However it says as much about the media as it does about anything else. The Herald for instance ran massive sets of articles on the EFA. I never saw them say a damn thing about why the legislation was brought forward apart from the bretheren angle, and their crappy lies about it curtailing democracy (ie you have to declare the source of your political funds, and that would curtail the Herald’s advertising).
quite true lprent.
a stupid vote from a largely ignorant public.
but then in this age of microscopic party membership and minimal political participation what do the public rely on for pretty much all their political agenda and ‘supporting’ information? the msm.
and do our commercial msm really care if they actually fullfil their democratic duty to properly inform the electorate in order that we can then make fully informed, and thereby genuinely free, choices?
well just consider for example why TV3 didn’t even bother to run a minor leaders debate this election.
Chess player,
I’ve seen many elections come and go and was happy to concede.
This is different.
The global financial world is collapsing. This is due to the speculative bubble building of a handful of very powerful unscrupulous banksters. As the world glides into a financial abyss we will be made to pay for the speculation that made JK rich.
In the US alone the banksters have already robbed the population of 5 trillion dollars in the last year alone and counting.
I’ll tell you what will happen under Key. The reserve bank will start to borrow and borrow and borrow from the Federal Reserve in order to stave off the inevitable collapse and it will prop up the international banks and guess who are going to pay that money back?
I’ll give you a hint; It ain’t John Key and it ain’t the Wall street scheisters.
While John Key will travel off to his condo in Hawaii you and me and generations to come will be paying and paying and paying.
Not too smart mate.
Gomango,
Patronising much. See my comment to chess player.
I don’t hate John Key. I don’t know him and for all I know he probably a likeable chap in day to day contact.
I don’t like the big hiatus in his career narrative, I don’t like what is happening in the international finance world and how it’s linked to JK.
And the lies, I can’t stand the lies and how the MSM does not investigate those lies.
I don’t think anybody capable of lying about just about anything should be elected the PM of this country. Seems pretty reasonable to me.
And no you haven’t disproven the two woppers I gave in my previous comment.
Not a singly link breaking my evidence. Not a single fact against my facts disproving my narrative.
He lied about AK and he lied about his involvement with the subrpime crisis and he lied about the subprime product timeline. Period.
If you’re happy with a man like that in power good for you cause you got him and your going to have to live with him for the next three years while his mates are collapsing the worlds financial system.
I personally like my politicians relatively honest and open and no, I did not vote for Helen Clark
LP, your own newly-elected leader has just admitted that Labour made big mistakes with the EFA, and is now seeking the multipartisan support that his own party rejected last year. That’s about the biggest condemnation of the EFA you can get, in his first real pronouncement as Leader.
travellerev – just try and keep interestng, this time i’ll work backward thru your “facts” until I get bored.
JK and the Fed – he was on their foreign exchange committee. I note you are no longer he was “advising Greenspan on how to repaeal Glass-Steagall”. Key was global head of FX at ML, thats why he was on teh Fed FX committee. What does this committee do? Wikipedia has a short entry on it which sums it up. Its not that exciting. They mostly worry about operational risk in the markets and how to reduce it. Satan is not and never has beena member. Link here:http://www.newyorkfed.org/fxc/
JK and NY – what is the issue. He lived and worked in NY presumably. Satan actually lives in Birmingham though he does travel widely.
JK was a managing Director – along with about (at least) 5 or 600 others at Merrill Lynch. There are lots of MD’s in a bank, even more Directors and way more Vice -Presidents. Did you know thats how the rankings work? “Debt Markets” is the catch all description of the unit that includes a zillion business lines – depending on the bank – from Govt Bonds to ABS to MBS to DCM to etc etc. At about the same time, my bank had 3 business lines: Equities, Global Banking, and Debt Markets. FX was in Debt Markets.
A beautiful model for Fraud – Yes. But this crisis ins no different in cause to any other- it;s just bigger. It’s what you get when greed intersects with easy liquidity and poor regulation and politics. Whats different this time is that the “too big to fail” argument is being trotted out a lot more than is usual.
JK horrified – this wouldn’t surprise me. Anyone who left a bank around 200 (oer whenever he did) and then had a good look at the same bank in 2007 would be horrified. Leverage, size of balance sheet and reliance on VAR risk models would be starkly different from what was common 6 or 7 years early. Mayb not so obvious to those who had stayed in the business in the intervening years and seen it grow gradually.
Your BBC timeline only tells some of the story. The real problem was sub-prime not mortgages per se. Even this article which you recklessly quote does describe the real issue which is now obvious:
“In the past five years, the private sector has dramatically expanded its role in the mortgage bond market, which had previously been dominated by government-sponsored agencies like Freddie Mac.
They specialised in new types of mortgages, such as sub-prime lending to borrowers with poor credit histories and weak documentation of income, who were shunned by the “prime” lenders like Freddie Mac.”
Key words – IN THE LAST FIVE YEARS ie since Q2 2002. The start of the crisis (in terems of market prices for CDO’s going down rather than up) occured in March 2007 – I remember it vividly because it was the start of the end of that phase of my career. ABS CDO’s and super senior trade did only get going in in 2003 or so and didn’t get to the vast issuance stage until around late 2005. I showed you the numbers a few weeks ago and you just blithely ignore them.
The AK and JK links – I still don’t know what you are trying to prove here. That they never had the chance to talk at various times? Where’s the quote saying both guys only ever talked to each or dealt with each other while BOTH were at BT. Both guys were key figures in NZ FX markets thru the mid 80’s. Are you trying to prove they never talked or did talked? Or just that people get mixed up on dates over 20 years ago. If KEy was trying to hide is currency trading past in order to look “nicer” then I am sure he would want to deny knowing Krieger. He doesn’t. You’d have a real conspiracy if Key said “I never knew Krieger”
Show some consistency – why not do an expose on some of the things Phil Goff said as a student radical and what that implies for foreign policy under his leadership if he becomes prime minister. Just as ludicrous right?
Now I’m bored.
Ha hahaha Gomango,
A link to the Federal reserve site is all you have?
The Glass Steagall act was repealed because the banksters including Alan Greenspan and his banking masters spend between a 100 to 200 million dollars in the 12 years leading up to it in order to lobby congress to get that law repealed.
JK is at the very top in Merrill Lynch trading in debt products while the one barrier that keeps banking even remotely honest is being eroded away by the banksters themselves and you think he did not know what was going on? F*&king hell, Gomango I would dearly like to know what colour the sky has on your planet.
So John Key is Global head for Forex, Europen head for bonds and Derivatives for a bank most notable for it’s aggression in the derivatives trade now causing all the problems and the banking wrold has spend $ 100 to $ 200 million in the 12 years leading up to what every banker knew would be the biggest greed fest ever and JK “the smiling assassin” was not involved so I guess that is why he tells us that and I quote “the products causing the subprime crisis were not hatched until 2004-2005.”
Yeah right. F*&k, you believe that I’ve got a piece of rainforest in the Sahara that would be just right for you.
By the way that sacking JK had to do was because ML had just burned it’s fingers badly on the LTCM hedgefund which had to be bailed out by the Feds too.
What was that about again ooh oops. Forex derivatives and speculation about Asian currencies and the collapse of the Russian rouble. Could JK have something to do with…. nah JK wouldn’t do that, he was a nice banker.
HAHAHAHAHAHAHAHA
I give up. Our worlds just aren’t in the same realities.
Go and read some of those books I have suggested. Speak to some people who have worked in the finance industry. Stop googling for proof.
Oh and about the AK and JK connection.
According to JK and his boss in this interview and this interview
he was responsible for huge amounts of trades with AK. If this is true he could not have done these trades when he alleges he starts to work for Bankers trust in August 1988 because AK had left the forex business by then only to return in 1990.
So either John Key worked with AK in 1987 or he did not work with AK at all. Simple.
And if he worked with AK in 1987 than I bet you that he was working with AK during the raid on the NZ dollar almost bringing NZ’s economy down.
And twenty year later he lies about it because he wanted to become your PM.
travellerev,
“The global financial world is collapsing. This is due to the speculative bubble building of a handful of very powerful unscrupulous banksters. As the world glides into a financial abyss we will be made to pay for the speculation that made JK rich.
In the US alone the banksters have already robbed the population of 5 trillion dollars in the last year alone and counting.
I’ll tell you what will happen under Key. The reserve bank will start to borrow and borrow and borrow from the Federal Reserve in order to stave off the inevitable collapse and it will prop up the international banks and guess who are going to pay that money back?
I’ll give you a hint; It ain’t John Key and it ain’t the Wall street scheisters.
While John Key will travel off to his condo in Hawaii you and me and generations to come will be paying and paying and paying.
Not too smart mate.”
You are the one panicking, “mate”, not me.
This was all foretold, in various forms, such as in The Collapse of Globalism: And the Reinvention of the World by John Ralston Saul.
Saul is remarkably accurate in this book of some years ago in his projected sequence of events.
He stops short, however, of explaining what will happen next, and finished with a rather hopeful view that everyone will somehow be nicer to each other.
Interestingly he even interviewed Helen Clark and reports on her in this book as one of the more ‘aware’ leaders around. Can’t say I’ve seen much evidence of that myself tho’, given where she’s left things.
I don’t doubt that you, and generations to come, will be “paying, and paying, and paying” as you say, but personally I will not be, unless they start taxing fresh air and rainwater.
Unlike panickers such as yourself, I have prepared for this situation and while it has cost me short term opportunities, I and mine are reasonably well protected from the coming crises.
Please just tell me that this time round you will learn from the situation and do something to ensure it affects you less next time, which it most certainly will, as this is not the end of the world?
Remember, according to the Kubler-Ross model, you will not get from Stage 2 to Stage 3 until you recognise that you yourself are also in some way to blame.
Have a nice day, “mate”.
TE: How about reading my comment rather than just editorializing on it. I didn’t say that there aren’t problems with the EFA (I have yet to find an act that significantly changes anything that works straight out of the house).
What I said was that media didn’t report on the reasons that changes to the electoral law were required. All they concentrated on were the things that affected their revenue or were in Hagers book. I got the distinct impression that they hadn’t even bothered to look up the results of a series of court decisions going back to 1993, or indeed even read the 1993 law.
Therefore the public were really badly informed on the EFA and why electoral finance reform was required.
Travellerev, Yes it sux; however, this is what happens in a democracy – it’s not perfect but it’s the best system we have right now. I agree with you on a lot of issues you have raised. Nz’ers were fooled and they were fooled well, the problem National has is that it’s a lot easier to fool people then it is to govern. So, cheer up and keep on keeping on – to borrow from my good friend Curtis – stay vigilant and informed, get your friends involved in political discussions, encourage them to vote, encourage them to seek information outside of the conventional means, and finally, don’t waste your time getting involved in political discussions that go nowhere but
You’re wrong!
No, you’re wrong!
Well I have proof.
So what.
You’re an idiot.
No, you’re an idiot, I have proof.
You suck.
No I don’t.
Yes you do.
You suck.
No i don’t, i have proof.
You still suck.
So do you.
No i don’t.
This isn’t correct LP. The media’s major concern with the EFA was that the Labour Party was ramming through major changes to electoral law without proper consultation with opposition parties. Goff acknowledges now that it was a poor process, and this single-party approach to electoral law was wrong, and is what has led to the problems with the EFA.
The media did give a lot of coverage to Hager. That coverage led to Don Brash’s resignation. Labour was too concerned with writing electoral law to suit itself rather than a mulitpartisan approach to redefining electoral law. I didn’t see a single author at the Standard condemn Labour for ramming it through, or condemn Labour for turning electoral law into a partisan football.
Vinsin,
I hear yah. LOLOLOL and well put.
Chess player,
I’m of the grid more or less and working toward a pleasant self sustainable life.
I’m way past panic and made my choices years ago.
But there are a lot of people who aren’t and who still think there is a quick fix like vote a banker in because he knows about money.
Looked up the Kubler-Ross model. I don’t get were the have yourself to blame comes from but I can assure you that I have accepted the election results as the state of affairs. It is not the election outcome I want to change. I just will not let John Key have an easy rule, that is a big difference. I will not go to sleep like most of the voters just awake for long enough to vote for “Change”. I’m an active political person and just because he got the votes doesn’t mean he will have free hand to do as he pleases.
T/rev,
Tis the question and not the answer that matters: gogalgo!
northpaw,
I so agree with you.