A very very slow news day

April 5th, 2008 at 6:15 pm by David Farrar

My God.  News just spent almost six minutes talking about a lotto draw tonight. I mean seriously – six whole minutes, and in the first segment.

They even had it ahead of the China FTA, the latest on Zimbabwe, the anniversary of the killing of Martin Luther King and the banning of birthday cakes in a school.

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33 Responses to “A very very slow news day”

  1. slightlyrighty (2,475 comments) says:

    I read in the Dom about the experiences of one Danyl McLaughlan in the emergency Department of Wellington Hospital. If this is the same person who contributes here, I hope he is feeling better. Sorry about the hassles you went through Danyl.

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  2. Johnboy (16,529 comments) says:

    If you are desperate enough to watch TV3 David you probably need the $18M.

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  3. Fairfacts Media (372 comments) says:

    Perhaps the media might have quizzed Dear Leader about her attendence at the Progressive Governance summitt in London yesterday.
    Here we have a gathering of left-wing world leaders, including Australian PM kevin Rudd, for a talkfest funded by the UK taxpayer.
    Never mind the event having a swastika logo to promote it, but go to the Guido Fawkes blog for something more disturbing.
    When the Chilean finance minister called the current global financial meltdown ‘poetic justice’ the hall clapped and cheered.
    So the left find it funny that millions of people are losing their homes.
    Go to No Minister http://www.nominister.blogspot.com for details.
    There is much news out there if TV3 wants. They just have to use their brains.
    Perhaps the conference also raised some interesting policies that we might see adopted here .
    After all, we know what Dear Leader is like for copying policies from UK Liarbour.

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  4. philu (13,393 comments) says:

    tv one regained the (slightly) better crown a while back..

    i dunno what’s happened to three..

    phil(whoar.co.nz)

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  5. Ross Nixon (559 comments) says:

    Slow news day? What about the inferno at a Hamilton “cool” store that started at 4:03pm and was all over the TradeMe/General message board by 5pm? Many fireman injured in one or more explosions.

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  6. peterquixote (231 comments) says:

    we have to get New Zealand real farrar and its not them flag footy signs on tv, it means kick arse wake up dumbo slob NZ.
    our average intelligence is below par farrar,
    this is going to be very difficult but WE have to do it,
    most of your messages help
    some of my dudes say you gets the MQ and bar

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  7. Captain Crab (351 comments) says:

    You actually watch the news? Gave up ages ago, Womens Weekly is just as informative. Better recipes too.

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  8. SPC (5,619 comments) says:

    It’s important, if you consider the winner can spend more on the 2008 election campaign than all the parties combined …

    And there is underlying comment and a certain realism to (those not political junkies that is) the fact people do respond to cost increase adversity with the great escape which is our New Zealand dream – Lotto (as distinct from the American Dream and King’s version of that).

    It would have been the item they put their attention on, so why not showcase it? Given its length and the traditional focus on local before international news, starting with whatever is local news is no surprise. You could argue that TV1 neglected the story (it’s of a rare size and in todays climate it speaks to the resort to this form of hope to cope with tough times). The TV1 supposition about the free trade deal was just that, the other story about the fire was the only other option. But that will still be a local story tomorrow.

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  9. PaulL (5,981 comments) says:

    I’ve always been a poor gambler. The point of gambling seems to be to lose a small amount often, in the hope of winning a really really big prize. Whenever I go gambling I seem to find myself betting red/black on roulette or similar. Obviously don’t have the right personality type.

    I do recall once explaining to someone that the few times I bought a lotto ticket I picked all the prime numbers, making it easier to work out whether I had won without having to look at the ticket. The answer was “that must be stupid, what are the odds of all the prime numbers coming up at the same time”. That told me something about the average joe’s ability to do maths, and why lotto goes so well.

    IIRC the odds of winning lotto are lower than the odds of getting killed in your car tomorrow.

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  10. JSF2008 (422 comments) says:

    fuck We are talking about $18000000

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  11. SPC (5,619 comments) says:

    Fairfacts

    “When the Chilean finance minister called the current global financial meltdown ‘poetic justice’ the hall clapped and cheered.
    So the left find it funny that millions of people are losing their homes.”

    Actually careless with the facts, it was the loss of homes which led to the subprime loans meltdown which undermined the banks who lent in this way. Otherwise it was the way loans were collateralised and then reinsured which left most uncertain as to their actual value which undermined confidence in the financial system.

    “After all, we know what Dear Leader is like for copying policies from UK Liarbour.”

    Lets hope it’s not the UK Labour’s idea to cut the 20% rate to 18% (as UK Labour did and ending the lower rate tax below it). This actually increased tax on the poorest in society. Instead we should follow Howard’s Oz and have no tax on the first $6000 (and an across the board $15 a week tax cut for all). That would balance out moving the top rate to those over $75,000 (rather than the current $60,000). Anything in the tax cut tank being focused on families – increasing WFF.

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  12. SPC (5,619 comments) says:

    PaulL

    I only invest when the amount jackpots like this (my first bet – apart from sports where I “might” win by being smarter than others – this year).

    As to picking numbers – picking all odd or even numbers would be dumb as the machine would want to give both a turn each week, but I doubt the machine would know which the prime numbers were (or what they were), so you were probably on safe ground there.

    That said, I still pick numbers in the different columns and rows in a very balanced and spread way (like being a Libran …) and this based around picking numbers until they come up and then discounting them and moving onto their neighbours on that row or column. The resort to systems, is of course a sympton of a hope that one can make a positive difference to ones chances of winning – beyond just being reliant on luck.

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  13. Michael E (274 comments) says:

    Lotto – a tax on people who are bad at maths. Odds of winning powerball are 38,000,000 to 1, so for it to be worth spending $1.10 on a game line the prize would have to be over $42 million.

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  14. ghostwhowalks3 (368 comments) says:

    The TV news are in a dying market. They will be lucky to get above 5% each for a saturday news bulletin. The news junkies went to the internet a while ago, while most of the rest are just having dinner with the TV on.

    The only story that would beat lotto for TV3 would be headless body in top less bar across the road from TVNZ

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  15. DanielM (38 comments) says:

    Why I stay away from 3. Whenever I’ve had enough of One and think of switching, they completely shoot their credibility with stories like you describe. Switched to TVNZ News at 8, much better in some respects, but sometimes lacks stories that were in the 6pm news which is odd.

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  16. dad4justice (8,219 comments) says:

    I only watch the news on One or Three so I can fall asleep in front of the idiot box.

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  17. Lee C (4,516 comments) says:

    headless and topless? Talk about a law of diminishing returns……

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  18. Redbaiter (13,197 comments) says:

    “Why I stay away from 3. Whenever I’ve had enough of One and think of switching, they completely shoot their credibility with stories like you describe. ”

    For fuck’s sake. Unbelievable. You actually do think that TV One has more than a skerrick of credibility? No wonder this country is up shit creek without a paddle. Wizen up Danny, TV One is just a socialist mouth piece. No truth seeker would bother with such a discredited source as mainstream media newsrooms. Not these days. ..and to actually believe that TV One has more credibility than TV Three is ridiculous. They’re both as bad as each other.

    One thing I will give you and that is that Three, being privately owned as opposed to the government sponsored TV One, are due far more criticism for their failure to provide the truth. Traitors to private enterprise.

    Mainstream media journalism- could there be today a profession held in more general contempt?

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  19. DanielM (38 comments) says:

    @Redbaiter, it is slightly better as far as I’m concerned, but it isn’t like I get all my news from a single source.

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  20. mara (784 comments) says:

    I won $100 k on Golden Kiwi and $15 k on a scratchi. That’s why people gamble. All the news media and journalism in this Country appears to be blind or stupid. That’s why I google other sources which actually investigate and question Govt. spin. Yeah, we have a few commentators who get the drift, but they are too kind. NZ is too soft. This new trade agreement with China… har.. Who needs who? We are going to get screwed here because China doesn’t give a shit and we take it all so seriously. China is using NZ. Wait and see.

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  21. SPC (5,619 comments) says:

    Michael E

    If it was about real mathematics you would have factored in total range of prizes.

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  22. Inventory2 (10,337 comments) says:

    Aaaaaaaaaaaaaaargh!!!!!!! The Hurricanes were robbed!!!! Robbed I say, robbed!!!!!

    http://keepingstock.blogspot.com/2008/04/we-wuz-robbed.html

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  23. SPC (5,619 comments) says:

    And they are not the only ones – there was only one way a bet on the Sharks could fail (the Hurricanes winning was not losing) and that way was a draw.

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  24. bwakile (757 comments) says:

    Why would anyone be surprised at this. Lotto is just social welfare in sheeps clothing. Collect $5 of everyone , make one rich and keep the masses entertained at the same time. A perfect recipe for keeping people dumb.

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  25. SPC (5,619 comments) says:

    It’s hardly social welfare, it’s just a way that those on low incomes or those with a mortgage can aspire to be the one who rises out of that circumstance. And given that the money goes to the worthy cause it’s not being lost to the community. Those better off donate more but in return for tax relief.

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  26. PaulL (5,981 comments) says:

    SPC, it is a tax on stupidity. I was hoping you were joking when you said you “invested” in lotto. Investing is doing something that has an expectation of net positive return. Lotto does not, so it is gambling. I am hoping your comments on picking numbers was a joke, otherwise I don’t know where to start :-)

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  27. SPC (5,619 comments) says:

    PaulL

    Are you not hoping anymore? I hardly see how disagreeing that Lotto is social welfare says anything to change your mind. It’s clearly not.

    Lotto is of course premised on hope of good fortune. As such, it is based around two apparently contradictory ideas, personal aspiration and support for community groups.

    It is a much more socially constructive way to “invest” in community well being – with a chance of personal profit, than property investment has been.

    In that sense it is not a stupid choice in the use of money. It’s only stupid when the amount is more than can be afforded. In that sense the middle class is the more likely to spend their money on it – that is because they are both aspirational (to pay off the mortgage) and able to provide some support to community groups.

    It’s a little sad that we do not have the environment to channel financial hopes in more economically useful ways – but until we save more (lower tax on interest income by allowing a CPI deduction before tax is assessed) we will be reliant on foreign borrowing and this means a high OCR and dollar – and this makes it near impossible to encourage venture capital start-ups – and this leaves with the ruinous boom and not so booming cycles of property investment.

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  28. Michael E (274 comments) says:

    SPC – True, but about 50% of all the money is taken by the operator overheads, goverment taxes, retailer margin, and charitable payments. So like all gambling, if you play long enough you will always come out behind.

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  29. Craig Ranapia (1,915 comments) says:

    [[Comment deleted by CR: Accidental post in wrong thread]]

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  30. PaulL (5,981 comments) says:

    Sorry SPC, not buying. Lotto is pure and simple a waste of money, like all gambling is. Dressing it up as social investment because Lotto money goes to good causes isn’t convincing me.

    My other comment was about your suggestions on picking even and odd, and this somehow changing the odds. That had to be tongue in cheek, right?

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  31. side show bob (3,660 comments) says:

    We along with eight other couples have been playing 10 numbers a week for about 15 years now and have made enough to buy $20,000 in bonus bonds and yes we have collected 3 to 4000$ from these bonds .PaulL may call it stupidity but atleast we have some return unlike those that invested in Blue Chip and other such money making ventures. No we have not got our investment back but live in eternal hope that one day, shit it will be a good piss up, we usually go out once a year for a flash feed and some rough red on our winnings.

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  32. PaulL (5,981 comments) says:

    side show bob, I win $10 every week. If I put that in a bank account I’d have $520 every year. Yes, some people win big. That is the dream that keeps it going. But you can’t get away from the maths, on average people lose half their money.

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  33. RRM (9,917 comments) says:

    *NEWSFLASH*:

    Stuff OTHER than politics also constitutes News, and can actually be of interest to people! :-)

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