General Debate 20 March 2014

March 20th, 2014 at 8:00 am by Kokila Patel
Tags:

137 Responses to “General Debate 20 March 2014”

  1. EAD (1,002 comments) says:

    Stunning article in the Guardian yesterday, that is causing a storm in social media (80,000+ “shares” already) as it lifts the lid on the debt based fractionally reserved monetary system we currently use. The big news is not that it is a secret – anyone who cares to look can understand the nature of the system, but more that the fact that the process of money creation is being discussed in the open by a massive mainstream worldwide newspaper – the 3rd most read in the world. This can only be good news in educating the public as to the giant fraud of the money creation process and will help in garnering the political momentum and understanding to overthrow it and replace it with something better.

    http://www.theguardian.com/commentisfree/2014/mar/18/truth-money-iou-bank-of-england-austerity

    A few snippets:

    “Back in the 1930s, Henry Ford is supposed to have remarked that it was a good thing that most Americans didn’t know how banking really works, because if they did, “there’d be a revolution before tomorrow morning”.

    “In other words, everything we know is not just wrong – it’s backwards. When banks make loans, they create money. This is because money is really just an IOU. The role of the central bank is to preside over a legal order that effectively grants banks the exclusive right to create IOUs of a certain kind, ones that the government will recognise as legal tender by its willingness to accept them in payment of taxes. There’s really no limit on how much banks could create, provided they can find someone willing to borrow it.”

    “Just consider what might happen if mortgage holders realised the money the bank lent them is not, really, the life savings of some thrifty pensioner, but something the bank just whisked into existence through its possession of a magic wand which we, the public, handed over to it.”

    This article reminds me of that old axiom – Truth passes through three phases: First it is ridiculed. Second it is fiercely and violently opposed. Third, it becomes self-evident

    Vote: Thumb up 13 Thumb down 6 You need to be logged in to vote
  2. Left Right and Centre (2,971 comments) says:

    How many voters are Labour going to get by talking tired old crap like ‘National are just feathering their own nests’ – ‘only there to make deals and help their mates in big business’.

    Does that kind of rhetoric really work ? Is that really going on ? Are National MPs just MPs to use their position to try and get some personal gain ?

    Where’s the hard proven evidence for these waffly tired old cliche accusations ?

    Wow – really ? I’m picturing an MP rubbing hands with glee ‘cool, elected. Licence to print money’. Really ? Tell me the truth you sexy big brained beast….

    Vote: Thumb up 17 Thumb down 4 You need to be logged in to vote
  3. gravedodger (1,552 comments) says:

    Oi Mr Cunliffe, if exporting logs was not best business practice there would be hundreds of entrepreneurs frantically building factories mills and process plants to make a dollar from those logs.
    Of course if you think we need an Australian Car type Industry based on wood, you are just exhibiting your clear deficit in economic knowledge.
    Then again it might just be yet another tailored lecture to that target audience.

    Vote: Thumb up 19 Thumb down 0 You need to be logged in to vote
  4. big bruv (13,734 comments) says:

    Has Penny sold her house yet?

    Vote: Thumb up 13 Thumb down 5 You need to be logged in to vote
  5. stephieboy (2,801 comments) says:

    EAD, by all means re the banking system and rather like Henry Ford lets blame the Jews.?

    Vote: Thumb up 2 Thumb down 6 You need to be logged in to vote
  6. Reid (16,290 comments) says:

    Will Key forgive this breathtaking disaster?

    http://www.stuff.co.nz/national/politics/opinion/9846923/Will-Key-forgive-this-breathtaking-disaster

    Parata only survives because her husband Wira Gardiner is so influential in Maori National circles. No other Minister has the leeway she has been given in the past. She is arrogant, incompetent and dumb.

    Vote: Thumb up 3 Thumb down 15 You need to be logged in to vote
  7. Keeping Stock (10,301 comments) says:

    Whoever would have thunk it? Kim Dotcom has a totally different attitude to HIS rights than he did for the rights of all those people whose content ended up illegally on Megaupload. He run off to the High Court for an injunction to stop his former head security bloke from spilling the beans; so much for free speech!

    Does anyone else get the impression that the dam is about to burst, and the carefully crafted image of Dotcom as a media darling and caped crusader for the rights of the oppressed is about to be shot to pieces?

    http://keepingstock.blogspot.com.au/2014/03/free-speech-dotcom-style.html

    Vote: Thumb up 18 Thumb down 0 You need to be logged in to vote
  8. flipper (3,991 comments) says:

    The Beltway bandits, their cuzzies in Auckland, and the MSM, notably the labour/Green flunkies Dann and Gower, are continuing to flay Judith Collins with allegations of lying to the Prime Minister.
    Putting aside their pin head dancing over whether she knew the “senior Chinese Border official’s name before she left NZ for China, can someone PLEASE explain how she damaged New Zealand’s national interests by attending that dinner?

    Dent talk to about conflicts and bennies to her husband….. or contributions by the company to the national Party. If there were any, (excluding National and monies that apparently went to the National Party Trust which is NOT an election campaign “trust” ) they were piddle arsed,.

    And if the dinner resulted in some benefit to Oravida and New Zealand Incorporated, what is the problem.

    This morning we had J key rubbishing the new rainbow pussy’s claims…. but the media continue to promote their anti-National line. It is clear that this sort of desperation will be the norm for the next six months. Sad, for New Zealand.

    Vote: Thumb up 18 Thumb down 0 You need to be logged in to vote
  9. Harriet (4,857 comments) says:

    LRC#

    National may well have 50% of the vote but that is not a ‘satisfaction vote’ for National but a ‘no confidence vote’ in Labour.

    There is 6 months to go, and with National chock full of voters then ACT and the Conservatives are sure to point out that National should at least be saying something other than just “Here’s what’s wrong with Labour and their policies.”

    National arn’t giving out policy announcements so voters will soon start to be wondering what National ‘really stands for’.

    Lange & Douglas were a reformist party – while Key & English appear to be statists.

    Act and the Conservatives will point this out also to National’s plentiful voters! :cool:

    Vote: Thumb up 1 Thumb down 11 You need to be logged in to vote
  10. Reid (16,290 comments) says:

    This article reminds me of that old axiom – Truth passes through three phases: First it is ridiculed. Second it is fiercely and violently opposed. Third, it becomes self-evident

    Same article I posted yesterday along with a few videos that explains it.

    http://www.kiwiblog.co.nz/2014/03/general_debate_19_march_2014.html#comment-1292653

    EAD, by all means re the banking system and rather like Henry Ford lets blame the Jews.?

    stephie obfuscation into an irrelevant subject that isn’t being raised by the issue under discussion, is caused by your cognitive dissonance. You need to educate yourself rather than as you are doing, pretend it isn’t there. That’s what adults would do.

    Vote: Thumb up 6 Thumb down 5 You need to be logged in to vote
  11. Elaycee (4,378 comments) says:

    @Keeping Stock: The tom toms I hear are beating increasingly louder that the Kim Dotcon bubble is about to burst. And if the rumours I hear are correct, there will be more than a few, high profile ‘interested parties’ highly embarrassed when their names appear amongst the debris ….

    Oh, dear. How sad. Tut, tut. Never mind.

    Vote: Thumb up 14 Thumb down 1 You need to be logged in to vote
  12. jp_1983 (207 comments) says:

    Norman is going to give someone $1 million dollars for building a ten story wooden building..
    More ‘crony capitalism’ or doesn’t it apply if you are a communist?

    Also has anyone asked what the forest huggers think about all this tree felling that will occur?

    Vote: Thumb up 14 Thumb down 1 You need to be logged in to vote
  13. All_on_Red (1,581 comments) says:

    http://www.mindingthecampus.com/originals/2014/03/rapeculture.html

    Is there a “war on men”?

    Vote: Thumb up 9 Thumb down 2 You need to be logged in to vote
  14. Longknives (4,691 comments) says:

    But Len insists the public have forgiven him and ‘moved on’!
    Someone is lying…

    http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11222734

    Vote: Thumb up 10 Thumb down 0 You need to be logged in to vote
  15. itstricky (1,801 comments) says:

    Also has anyone asked what the forest huggers think about all this tree felling that will occur?

    I imagine they think that sustainable regenerative forestry for building is great but cutting down native rainforest ain’t. That should be pretty clear.

    Vote: Thumb up 2 Thumb down 2 You need to be logged in to vote
  16. EAD (1,002 comments) says:

    @Reid 8.23am – I only get about an hour a day to read/comment on the news and I must have missed your post.

    I think the significance behind the article is not that it is new information, but the fact it is being published by one of the biggest news organisations in the world rather than in finance, political book/website etc. which to be honest, only really appeals to perhaps 5% of the population.

    I’ve spent a lot of time trying to explain this to others and the consequences of the system. Most cannot believe it because it is just too outrageous to comprehend.

    Vote: Thumb up 1 Thumb down 2 You need to be logged in to vote
  17. Reid (16,290 comments) says:

    This can only be good news in educating the public as to the giant fraud of the money creation process and will help in garnering the political momentum and understanding to overthrow it and replace it with something better.

    EAD one wonders why they’ve allowed this to be done at this moment, right when the USD is about to tank big-time. As you will know, one of the possibilities that has been long under discussion is they will replace it with another backed by gold. I wonder if this is the opening shot in that campaign.

    Vote: Thumb up 3 Thumb down 2 You need to be logged in to vote
  18. Keeping Stock (10,301 comments) says:

    @ Elaycee – if you and I are hearing the beating of the same drums, it could be as early as this afternoon. Get the beer and popcorn in, or maybe cook up a pot of sauerkraut; the fun is imminent ;-)

    Vote: Thumb up 6 Thumb down 0 You need to be logged in to vote
  19. All_on_Red (1,581 comments) says:

    Flipper,
    I reckon Judith is a victim of her own success. She’s been bullet proof for awhile and let’s face it, she absolutely nails the opposition all the time in the house and in social media. She has a sharp and caustic wit. It’s just payback time and they are milking it for all they can, cause they actually rarely get a chance against her. I hope she keeps slinging shit at them.
    Consider this though, if she refused to go to dinner, surely that would offend her husbands partners/employers and be to the detriment of her husbands career. Is it fair to expect the minister to have to take that choice?
    Really though, it’s pretty pathetic and much ado about nothing.

    Vote: Thumb up 16 Thumb down 0 You need to be logged in to vote
  20. peterwn (3,246 comments) says:

    EAD – Any token currency ‘creates money’ unless the token currency is backed one for one with gold or similar owned by and in the custody of the currency issuer (which nowadays they are not). The whole trick of running a ‘token currency’ is to control both the amount of cash that is printed and to control the amount of currency book entries created by the ‘reserve’ bank. In NZ this is what the Reserve Bank Act controls with its emphasis on keeping down inflation.

    Because such controlled money creation takes place, the former Social Credit Party and Russell Norman are under the illusion that economic problems can be solved by creating lots more. Labour thinks the problems can be solved by creating a modest amount of extra money. Hence the Labour promise to amend the Reserve Bank Act.

    Vote: Thumb up 7 Thumb down 0 You need to be logged in to vote
  21. Simon (699 comments) says:

    Good link EAD.

    Two major banks in NZ were on the brink last time in 2008 & 2009. It will be more than 2 next time. The RBNZ are the most useless cunts in NZ. Worse than useless. Much worse than the greens.

    Fractional reserve banking look it up. I will later find a link from RBNZ for anyone who doubts fractional reserve banking the RBNZ talk about the banks creating credit. In effect printing money. The process is overseen by RBNZ.

    One smaller bank (in NZ terms) operating in NZ had failed and had to be recapitalised.

    If you have bank deposits diversify and consider off shore or company bonds. Last time it was the finance companies next it will be the banks. NZ has had 14 yrs of massive credit growth far outstripping economic growth it cant continue.

    Vote: Thumb up 2 Thumb down 2 You need to be logged in to vote
  22. Manolo (13,590 comments) says:

    Living the high life:

    The development followed a shambolic press conference late on Tuesday evening in which Parata said she was satisfied no public money had been spent inappropriately, despite allegations that TPO general manager Lynda Tawhiwhirangi used her work credit card to buy a wedding dress, an $800 Trelise Cooper dress, a 21st birthday gift, and make a $1000 cash withdrawal as koha for a tangi she did not attend.

    Crooks is what they are: http://www.stuff.co.nz/national/politics/9846680/SFO-to-look-at-kohanga-reo-arm

    Vote: Thumb up 5 Thumb down 0 You need to be logged in to vote
  23. thedavincimode (6,719 comments) says:

    Any reports of tax being deducted on that “koha”? Services rendered and all …

    Vote: Thumb up 7 Thumb down 1 You need to be logged in to vote
  24. kowtow (8,326 comments) says:

    flapper

    I wouldn’t push that “rainbow pussy” line too hard.

    The rainbow pussy that comes to mind is m Williamson insulting what was once National core constituents.

    And remember it was Nikki Kaye ,another member of the Notional Party who was so quick to support Labour’s travesty of marriage bill.

    When labour gets so much support for its social engineering agenda from Notional you wonder what’s the point of Notional in power other than to slow the pace of government spending.

    Vote: Thumb up 5 Thumb down 3 You need to be logged in to vote
  25. EAD (1,002 comments) says:

    @ Reid – I don’t know what will replace the USD reserve system but change is coming, sooner than many appreciate. I received a report from Bloomberg and also just read on the Telegraph that some countries have been dumping massive amounts of US Treasuries as they’re no longer willing to hold a currency being rapidly debased by QE.

    http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100026831/fire-sale-of-us-treasuries-is-a-warning-of-acute-stress-across-the-world/

    I spend a bit of time in the currency & precious metal markets and if anyone is interest in the wider machnations and wanting to understand the bigger pictures of global currencies, I recommend reading Jim Rickards “Currency Wars”. It is simply an outstanding book because it makes so many subjects within economics, finance and markets understandable, accessible and interesting in the human perspective and all without dumbing down the content or patronizing the reader.

    @ peterwn – yes the social creditors are simply ignorant. They think more money = more “growth” but they are wrong. Economics is about understanding choice in an environment of scarcity. If we simply doubled everyone’s monetary holdings and incomes without changing production, prices would simply double and no-one would be better off. The problem people have is that if they have more money, they are better off but on a societal level, it creates no added economic benefit as nothing was produced, all that happened was the monetary base got inflated.

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  26. Ross12 (1,413 comments) says:

    EAD & others

    You guys obviously know more about this issue than I do but hasn’t gold got it’s own problem at the moment –ie. a very large part of the “gold” traded does not exist. It is just bits of paper ( or a few pixels) saying you are buying gold. This is probably a somewhat separate issue to the fractional reserve banking but this talk of another currency backed by gold would have to see this gold issue sorted first. Am I right or off track ?

    Vote: Thumb up 2 Thumb down 1 You need to be logged in to vote
  27. flipper (3,991 comments) says:

    All_on_Red (879 comments) says:

    March 20th, 2014 at 8:44 am

    Flipper,
    I reckon Judith is a victim of her own success.
    *****

    Good stuff….. quite agree. There are two major issues here:

    1. Chinese culture, and

    2. Money….or the lack of it.

    Whale has had a couple of very good posts (while DPF was walkabout :-) ) -one by Cactus Kate on culture … and who pays for dinner. The other this morning by Whale on trade union money, and in particular the stop that Collins put to the CTU rort over ACC safety training, resulting in the unions having a financial squeeze when an election is six months away from today.

    JC’s personal media problems stem from her attitude on various legal/judicial issues, at least two of which would rank as the nadir in political cheap shots. No need to mention them now – they would be a diversion).

    There has been one unfortunate side effect for JC from all of this: It has killed stone dead whatever leadership aspirations she and her closests held. The Tom toms are not keen on someone who is seen as risk prone. Risk averse is the name of the game. :-)

    Vote: Thumb up 1 Thumb down 4 You need to be logged in to vote
  28. EAD (1,002 comments) says:

    @ Ross – you are pretty much correct. Through the use of derivatives, the amount of gold in the world has been artificially inflated by a factor of 100+ to create the appearance of more gold than there really is in existence so at the moment, we don’t really have true price discovery of it’s worth. This artificial manipulation of gold is a bit different from the use of derivatives to inflate the apparent supply of other commodities and trade other commodities like oil, wheat etc. as they are physically traded on a constant basis so a price closer to market price is always established. The difference with Gold is that it mainly sits in vaults and rarely changes hands – it just sits there as insurance……until the day it is needed.

    Will it one day make a return as money? I don’t know honestly but as a check against inflation of the monetary base, it has proved to be the most excellent check on governments and banks bar none.

    Vote: Thumb up 2 Thumb down 3 You need to be logged in to vote
  29. flipper (3,991 comments) says:

    Kowtow…
    I bow to your superior knowledge of the rainbows.

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  30. kowtow (8,326 comments) says:

    Talking of inflation here’s an interesting item from the Daily Telegraph (EAD, shame on you touting the Guardianista).

    Gold bugs note one troy ounce in 1973 was 34 quid in 2013, 1051.

    Anyway gist of story ‘There is no doubt that the value of money has fallen dramatically since 1973″

    A pint of lager 14 p and a litre of diesel 8p. Read and weep.

    http://www.telegraph.co.uk/finance/personalfinance/10682032/Beer-bubble-how-price-of-a-pint-has-risen-twenty-fold.html

    Vote: Thumb up 1 Thumb down 2 You need to be logged in to vote
  31. Reid (16,290 comments) says:

    Ross the Chinese have been hoarding gold like crazy in the last year, Germany asked for an audit of its reserves supposedly held at the Fed and was refused, Ukraine’s gold was shipped to the Fed immediately following the election of the ‘democratic’ govt in Kiev, london Financial Times reported price manipulation but article was removed, you can see it here: http://www.zerohedge.com/news/2014-02-25/here-fts-gold-price-manipulation-article-was-removed

    These are only four examples of odd things that have been happening in the gold market – that site isn’t a bad start if you want to look around it, as well as EAD’s refs.

    Yes you’re correct that the certificates are dangerous.

    Vote: Thumb up 2 Thumb down 4 You need to be logged in to vote
  32. kowtow (8,326 comments) says:

    Manolo

    The new aristos , the bro’ocracy can do no wrong.

    Brownwash Aotearoa.

    Vote: Thumb up 2 Thumb down 1 You need to be logged in to vote
  33. flipper (3,991 comments) says:

    Manolo (12,440 comments) says:

    March 20th, 2014 at 8:49 am

    Living the high life:

    *****

    I am NOT arguing in favour of “KR”,. nor their commercial off shoot.

    But as I understand it, KR does not receive (anything more than a token) grant monies from the Government.

    KR SELLS / PROVIDES services to the Government for which a fee is paid. The perception has developed that this is still “public funding”. It is not. The monies paid are dependent upon the proper provision of a service. The Crown purchases those services – standard Treasury contracting rules.

    This sort of claim emerges frequently when it suits politicians on a point scoring ride. So Parata was correct. Up until she received the latest claims in writing, she had no legal grounds to complain. It was all an internal matter for the “KR” wallahs.

    Vote: Thumb up 2 Thumb down 2 You need to be logged in to vote
  34. mikenmild (11,247 comments) says:

    Yeah flipper, what’s all the fuss about, eh?

    When the allegations first emerged about spending at Te Pataka Ohanga, Parata launched an investigation. Now it turns out that investigation didn’t even look at the misspending allegations.

    Vote: Thumb up 3 Thumb down 6 You need to be logged in to vote
  35. kowtow (8,326 comments) says:

    How long before South Africa becomes a Uganda or Congo?

    http://www.aljazeera.com/news/africa/2014/03/s-africa-zuma-criticised-home-upgrade-201431911105213952.html

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  36. Left Right and Centre (2,971 comments) says:

    Is it just me or are the page links on this website rooted as much as its owner ?

    https://www.labour.org.nz/

    I’m clicking *issues* – it’s just toying with me the bastard….

    Also – haha – resident badarse Reid turns the intellectual blowtorch on another poor wretched soul. I love the smell of burning flesh in the morning….

    Vote: Thumb up 1 Thumb down 3 You need to be logged in to vote
  37. igm (1,413 comments) says:

    The obese German slug gags an ex-employee in court, by a Labour-appointed judge. This, along with his offer to help Hone get rid of our PM, must surely be grounds to arse the criminal bastard out right NOW. He is definitely interfering in our political and justice systems and this should not be tolerated. Shows how low the bastards supporting this disgusting slob are.
    Time to rally against the Lecher of Auckland . . . he is again getting too sassy.

    Vote: Thumb up 4 Thumb down 3 You need to be logged in to vote
  38. Tauhei Notts (1,693 comments) says:

    Reid at 8.17 touched upon it. So did Monolo at 8.49, and Kowtow at 9.25.
    Hekia Parata; I hope to think of her on Sunday when I will out off Tauranga; she is a fish out of water, and that is what I will want to see on Sunday.
    Why do the Labour people attack Judith Collins? Hekia Parata is the weakest link in Key’s Cabinet, by a long way.
    …………..
    We were told that Te Pataka Ohanga is a subsidiary of Te Kohanga Reo National Trust.
    Then we were told that Te Pataka Ohanga is an employee of the Trust.
    Then we were told that Te Pataka Ohanga had charitable status.
    Then we were told that the Trust had, instead of paying a taxable bonus to an employee, had given that employee “koha” of $50,000. Apparently “koha” falls outside the Inland Revenue Department’s definition of an “Extra Emolument” and as such is exempt from income tax or ACC premiums. For 14 months in the mid seventies I worked as a tax accountant (in Braamfontein) in a regime that had a separate development policy that was racially based. I found it reprehensible. Now I am seeing a similar racially based separate development policy in my own country.
    What is Te Pataka Ohanga? Is it a company as every other subsidiary is that I have ever seen is? If so why does it not have the Limited suffix as every company has? If it is a Trust why does it not have the Trust suffix? What the fuckin hell is it? If it is a company how can it be an employee? A contractor, yes, but an employee, no?
    My limited knowledge of Maori taught me that a pataka was a store house for food, usually built on stilts to guard against rats and other vermin. I am rapidly getting the impression that the vermin are the people defending this artifice.

    Vote: Thumb up 9 Thumb down 0 You need to be logged in to vote
  39. kowtow (8,326 comments) says:

    igm

    National let him in cos he had money.

    The whole permanent political class is complicit in this morally corrupt affair.

    One thing is certain, Aotearoan residency is up for sale to the rich.

    Vote: Thumb up 1 Thumb down 5 You need to be logged in to vote
  40. igm (1,413 comments) says:

    kowtow: Like all lefties you tell untruths. Labour let the fat bastard in.

    Vote: Thumb up 3 Thumb down 4 You need to be logged in to vote
  41. Nostalgia-NZ (5,121 comments) says:

    Morning flipper. It’s JC’s apparent evasiveness over Orinda which is the issue now. She appears unable to give a straight answer, preferring to run the argument that it’s all above board and nothing to worry about – a clear con. Revelation should be the name of the game and because it isn’t it reflects poorly. From something she said which I read this morning she claims that JK ‘knew’ about the dinner, but it is not revealed when he knew. She’s giving the ‘case’ against herself legs, because no one is really sure of which version is true because it keeps changing. Even if she gave a frank account now, Labour will make hay from that – of how it was dragged out of her etc, etc. Listening to some of the Parliamentary debate from yesterday it appears this issue is accumulating ammunition for the on going thrust from Labour about ‘looking after their mates’ and so on. This is an example which is a gift to them. It’s a futile game to be playing on this side of an election, an unnecessary risk.

    Vote: Thumb up 2 Thumb down 4 You need to be logged in to vote
  42. kowtow (8,326 comments) says:

    Dotcom was granted residency under the Investor Plus Category in November 2010. The Immigration Minister was Jonathon Coleman. It was immigration officials who approved the grant. The minister was aware of the case.

    Dotcom was granted residency under National.

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  43. flipper (3,991 comments) says:

    Tauhei Notts (1,493 comments) says:

    March 20th, 2014 at 9:55 am

    *****

    I have posted on this in reply to Manolo (above).

    I am NOT defending KR or its subsidiary.

    KR is contracted to provide services to the Crown, as per the standard Treasury contracting model;
    KR has, presumably, provided the services, and then having invoiced the Crown, is paid.

    At that point, subject to audit of the service provided, the funds received are NO LONGER “public”. They belong to KR.

    What happened after that is a matter for KR.
    This situation (provision of a service for which fees (NOT grants) are paid ) is standard and applies to many, many NGOs.

    Question: If I worked for the Crown (perish the thought) and received a salary or a fee for providing a service, can it still be claimed that when I spend my salary or contract fees that I am, spending “public monies”.”

    Stretching the longbow does not come near that sort of rubbish.

    Vote: Thumb up 0 Thumb down 1 You need to be logged in to vote
  44. Manolo (13,590 comments) says:

    The effeminate Lynn Prentice writes at The sub-Standard:

    What use is oil extraction here?
    One of the more irritating traits of National politicians is their bone-headed and short-term obsession about being rentiers selling raw and lightly processed raw materials offshore. Sure it is great in the short-term for the seller of the rights to those raw materials, but it does little to nothing for the other 4+ million people in this country. In the fullness of time, the resource that is being extracted will run out.

    As you can see, the Rainbow socialist is now turning Green. He ought to be a colossal moron not to see the economic advantages of oil exploration and extraction.

    Vote: Thumb up 5 Thumb down 2 You need to be logged in to vote
  45. mikenmild (11,247 comments) says:

    So, flipper, why did Parata launch an investigation after the misspending was revealed and then announce that the investigation hadn’t even looked at the entity doing the spending in question?

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  46. igm (1,413 comments) says:

    kowtow: Crap, Labour courted the bastard.

    Vote: Thumb up 0 Thumb down 3 You need to be logged in to vote
  47. Simon (699 comments) says:

    http://www.rbnz.govt.nz/research_and_publications/reserve_bank_bulletin/2008/2008mar71_1.pdf

    On page 26, summary of reserve banking.

    Section 25 of the Reserve Bank of New Zealand
    Act 1989 gives the Reserve Bank the monopoly right to
    issue physical money (notes and coins), which enters public
    circulation through the private sector institutions to which
    it is issued.

    A private sector institution can also create money by
    issuing claims on itself (ie, by accepting deposits) that
    may be transferred between, and are generally accepted
    by, members of the public as a means of payment. For
    that matter, any institution that can maintain the public’s
    confidence that its liabilities will be generally accepted as
    means of payment, can create money

    Vote: Thumb up 1 Thumb down 2 You need to be logged in to vote
  48. Manolo (13,590 comments) says:

    The bear admonishes Estonia:
    http://www.reuters.com/article/2014/03/19/us-russia-estonia-idUSBREA2I1J620140319

    Russia signaled concern on Wednesday at Estonia’s treatment of its large ethnic Russian minority, comparing language policy in the Baltic state with what it said was a call in Ukraine to prevent the use of Russian.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  49. flipper (3,991 comments) says:

    And good morning to you N-NZ.

    Cannot disagree with your arguments..

    Frankly, I do not believe that it amounts to anything that is of concern to the great unwashed. Out there in provincial; NZ, and among most folks outside the beltway/media/professions, it is really a non issue. But it is an unnecessary distraction for National.
    That is why earlier this morning I said (above):

    “**** JC’s personal media problems stem from her attitude on various legal/judicial issues, at least two of which would rank as the nadir in political cheap shots. (No need to mention them now – they would be a diversion).

    There has been one unfortunate side effect for JC from all of this: It has killed stone dead whatever leadership aspirations she and her closests held. The Tom toms are not keen on someone who is seen as risk prone. Risk averse is the name of the game. “

    So in my view the damage is more personal to Collins than to National/Key in general. No ?

    Vote: Thumb up 2 Thumb down 4 You need to be logged in to vote
  50. flipper (3,991 comments) says:

    mikenmild (7,901 comments) says:

    March 20th, 2014 at 10:31 am
    ****

    The original claims related to “KR “, not its subsidiary company.

    Vote: Thumb up 0 Thumb down 2 You need to be logged in to vote
  51. Simon (699 comments) says:

    Fractional reserve banking ponzi fraud. You think your deposit are there but there are not.

    National party supporters cracked open when Wussel & Labour wanted to set power prices. Central planning leads to failure as everyone knows. Yet monetary polices including the price of money (interest rates) is set by central planners. Fractional reserve banking can only exist through central planning.

    Vote: Thumb up 2 Thumb down 2 You need to be logged in to vote
  52. mikenmild (11,247 comments) says:

    That’s nonsense flipper. The original claims were about spending in Te Pataka Ohanga.

    Vote: Thumb up 3 Thumb down 0 You need to be logged in to vote
  53. SGA (998 comments) says:

    flipper at 10:27 am

    KR is contracted to provide services to the Crown, as per the standard Treasury contracting model;
    KR has, presumably, provided the services, and then having invoiced the Crown, is paid.
    At that point, subject to audit of the service provided, the funds received are NO LONGER “public”. They belong to KR.

    Did the situation with Tuku Morgan’s underwear (or whatever it was) eventually prove to be this sort of scenario? I can’t remember the details clearly.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  54. Fletch (6,296 comments) says:

    Claims about horrors in Syria.
    Slaughterhouses found with both beheaded Christians and Muslims hanging from hooks.
    Claimed to the the work of Takfiri Jihadist groups, such is ISIS.

    Includes video, so do not look if you have just eaten.

    https://shoebat.com/2014/03/17/actual-literal-islamic-human-slaughterhouses-christians-discovered/

    Vote: Thumb up 1 Thumb down 1 You need to be logged in to vote
  55. Fletch (6,296 comments) says:

    And so it begins –

    Millionaire gay fathers suing to force the Church of England to marry them.

    * Barrie Drewitt-Barlow said that he wants to marry partner Tony in a church
    * Said that the only way forward is to challenge the church in court
    * It is a test for Cameron’s promise to the CofE and Roman Catholic bishops
    * Said that no church would be forced to conduct same-sex weddings
    * Barrie and Tony now have five children through surrogate mothers

    http://www.dailymail.co.uk/news/article-2383686/Millionaire-gay-fathers-sue-Church-England-allowing-married-church.html

    Vote: Thumb up 2 Thumb down 3 You need to be logged in to vote
  56. chris (644 comments) says:

    From http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=11222714

    Labour would double the depreciation rate for investment in new processing plant from 15 to 30 per cent a year which would reduce the tax bill for wood processors after such investment.

    Costing the government about $10 million to $25 million a year, independent analysis estimated it would generate up to $80 million a year in new investment, “and of course there’s a benefit back to the taxpayer because we get higher taxes from people’s wages and company profits because they’re making more money as well”, Labour finance spokesman David Parker said.

    According to David Parker, we’ll get higher taxes from people’s wages and company profits etc etc, so surely the same argument can be applied to all industries? Not just wood? Lower taxes / compliance for all!

    I personally don’t understand how it’s some sort of magic bullet changing depreciation rates like this, because all it means is you can depreciate it faster. Yes, it decreases paper profit in the short term, but in the long it should be about the same.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  57. igm (1,413 comments) says:

    Time the rainbow room and its gaggle of deviants were brought to task, this is where the fat fairy gets instructions for his daily tirades of envy against Collins. These misfits are worse than a scorned “real” woman.

    Vote: Thumb up 1 Thumb down 1 You need to be logged in to vote
  58. cha (3,946 comments) says:

    FFS Fletch, the fake terrorist Shoebat has been exposed as a fantasist and serial fraudster.

    http://www.jpost.com/Features/The-Palestinian-terrorist-turned-Zionist

    Vote: Thumb up 2 Thumb down 2 You need to be logged in to vote
  59. flipper (3,991 comments) says:

    SGA (438 comments) says:

    March 20th, 2014 at 10:46 am

    *****

    I cannot recall the detail…but it was Maori TV….. operating on Govt funding , not contract. No?

    I am not defending the purchase of wedding dresses (incidentally 800 for a T Cooper seems bugger all) so that is an internal issue. The Koha is clearly internal…so I just do not understand where the pumpkinesque Watkins is coming from.

    Vote: Thumb up 0 Thumb down 1 You need to be logged in to vote
  60. flipper (3,991 comments) says:

    Further to the above… Google says:

    ” .. Prime Minister Helen Clark expects Maori broadcasting agency Te Mangai Paho to keep “a close eye” on its $1.6 million grant to former NZ First MP Tukoroirangi Morgan.

    The agency has given Mr Morgan the money to make a 10-programme documentary series for the new Maori television channel.

    Te Mangai Paho was heavily criticised for its role in the Aotearoa Television Network collapse in 1997.

    Mr Morgan was a director of Aotearoa and took part in an infamous shopping spree with its money which included a pair of $89 underpants.

    A Serious Fraud Office investigation cleared him of fraud … “

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  61. iMP (2,366 comments) says:

    I find Norman’s attacks on immigrants – while himself an Australian in NZ – put as words into the mouth of John Key a double nasty. Firstly, attacking immigrants is NOT a Green core value (ie “6. Engage respectfully, without personal attacks”). Secondly, attacking other political leaders (Key, Craig) with made up straw men looks desperate and tilting at phantoms. Sorry, that’s “personal attack.”

    Hoisted on own Hypocrisy petard Russell.

    Vote: Thumb up 6 Thumb down 2 You need to be logged in to vote
  62. mandk (968 comments) says:

    More evidence of Labour’s manufacturing crisis:
    GDP in Manufacturing rose by 2.1% in 2013Q4 and is now at its highest since March 2006 (Stats NZ).
    Let’s have more of these crises, please.

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  63. stephieboy (2,801 comments) says:

    Yes Fletch yet another example of Mans descent into savagery and barbarism. A useful reminder though that this is not the exclusive preserve of Muslims as some here would like us to believe,

    and they weren’t averse to beheadings,

    http://www.bestgore.com/beheading/schutzstaffel-beheading-jews-axe/

    Vote: Thumb up 2 Thumb down 1 You need to be logged in to vote
  64. Judith (8,534 comments) says:

    My take on the Collins situation.

    There is nothing particularly wrong with what she did – Kiwis have to be seen and heard and show the world that we have fantastic products – she was restrained (compared to how she can be) and I suspect at least made some attempt not to be too overtly pushing her husbands financial interests – HOWEVER, she knew it was wrong –

    It is her behaviour since knowledge of her actions were discovered that is most disturbing.

    It annoys me to two reasons:

    As a woman, I am annoyed that she has come across as a scheming, conniving manipulating cow, and not just on this one occasion. A claim that is frequently targeted undeservedly at successful professional woman – sadly she seems to have confirmed the assumption is true – therefore making it more difficult for the rest of us.

    And I am annoyed that yet again we have an example of dishonesty, half-truths and manipulation, that due to this being an election year, is likely to be swept under the carpet. Even on this blog there have been outrageous claims shooting the messenger, and yet, if the same thing was reversed, Key and co would be out there leading the charge.

    Again we are reduced to an election that is not won by who has the best team, but rather by who can conduct their private investigations and smear campaigns in a manner that influences the public most. Collins will keep her job, because despite the fact she should go, and she has proven that she does not respect the team leader sufficiently to be open and honest with him, but if Key should give her the boot, he will be confirming that his team can be faulty – and that is something National goes out of its way to avoid the public perceiving.

    Instead we have people on here trying to distract the fact that Collins is liar, by shooting the messenger, trying to minimise the negativity by placing it on the person that dared to reveal the wrongdoing.

    Mind games and bullying – that is all this year is about – nothing to do with who is actually going to lead this country in the right direction – and if anyone knows how to be a bully its Collins

    Vote: Thumb up 1 Thumb down 10 You need to be logged in to vote
  65. Duxton (643 comments) says:

    Meanwhile, in the real world…..

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11223037

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  66. Judith (8,534 comments) says:

    @ Duxton (533 comments) says:
    March 20th, 2014 at 11:24 am

    Pretty consistent with the economic recovery being seen in other western countries then. Nothing unique to us. :-)

    Vote: Thumb up 0 Thumb down 10 You need to be logged in to vote
  67. Judith (8,534 comments) says:

    stephieboy (789 comments) says:
    March 20th, 2014 at 11:20 am
    Yes Fletch yet another example of Mans descent into savagery and barbarism.

    Decent? Are you forgetting our origins?

    There is a good argument to be had that we have never actually ascended from those – just had periods where we have done better at hiding and excusing it.

    Vote: Thumb up 0 Thumb down 5 You need to be logged in to vote
  68. EAD (1,002 comments) says:

    Simon (599 comments) says:
    March 20th, 2014 at 10:43 am

    Ron Paul right on queue:

    “I don’t think any one individual knows how to plan the economy by manipulating interest rates’ [they] are so important that if you give this power to one small group – there will be distortion.” That’s why socialism fails, slams the Fed critic, “it’s the invisible hand that we lack, not the wisdom of a few people…….So sometimes you have housing bubbles and sometimes you have housing busts, then you have housing bubbles and bond bubbles that’s all [the] result of the manipulation of interest rates, which is my real objection to it.”

    If only that man was elected President.

    http://www.zerohedge.com/news/2014-03-19/ron-paul-illusion-economy-and-why-socialism-always-fails

    Vote: Thumb up 2 Thumb down 3 You need to be logged in to vote
  69. Weihana (4,496 comments) says:

    kowtow (6,571 comments) says:
    March 20th, 2014 at 9:58 am

    igm

    National let him in cos he had money.

    The whole permanent political class is complicit in this morally corrupt affair.

    One thing is certain, Aotearoan residency is up for sale to the rich.

    I don’t think it was “cos he had money” per se. Rather it’s because his enterprises constituted a significant interest and potential benefit to this country. It is silly to judge the decision in hindsight of a extradition proceeding that didn’t exist at the time. It is normal practice for immigration policy to consider waiving the character requirements to not only achieve fairness but also to balance our national interests. I think it is fair that for anyone with such considerable business interests that you would tend towards a presumption of granting the character waiver.

    People seem to have this assumption that criminal convictions make you ineligible for residency but there are many many cases where the normal requirements are waived because it is considered that the particular circumstances of the case justify it. This is not just for rich people and can often be beause the offending was long ago, or that there are humanitarian considerations etc.

    Vote: Thumb up 1 Thumb down 2 You need to be logged in to vote
  70. Weihana (4,496 comments) says:

    EAD (234 comments) says:
    March 20th, 2014 at 11:41 am

    I don’t think any one individual knows how to plan the economy by manipulating interest rates’

    Interest rates do not “plan” the economy, they control the rate of inflation.

    So sometimes you have housing bubbles and sometimes you have housing busts, then you have housing bubbles and bond bubbles that’s all [the] result of the manipulation of interest rates, which is my real objection to it.

    Economic bubbles are intrinsic to markets. They are not “all the result” of monetary policy. In my view they are a consequence of the imperfections of human nature and also the imperfect way in which any market (no matter how “free”) communicates. Even if we were all extremely rational we can never ensure that our economic decisions are perfectly conceived and consequently there will inevitably be times when our economic decision making does not reflect the underlying reality. When a critical number of such decisions are made we see a bubble. This cannot be helped.

    Vote: Thumb up 3 Thumb down 2 You need to be logged in to vote
  71. mandk (968 comments) says:

    Judith (5,234 comments) says:

    March 20th, 2014 at 11:33 am
    “Pretty consistent with the economic recovery being seen in other western countries then. Nothing unique to us.”

    Except that our growth rate in 2013 was faster than in Aus, USA, Japan, Eurozone and UK.
    Same story expected for 2014.

    Good economic management by National, as I’m sure you will agree :-)

    Vote: Thumb up 7 Thumb down 2 You need to be logged in to vote
  72. stephieboy (2,801 comments) says:

    This is interesting . !Claire O’Connor gives an account of growing up in a household where her parents were John Birch Society ( JBS) activists and foundation members.She has written a book ,” Wrapped in the Flag: A Personal History of America’s Radical Right “(Boston: Beacon Press, 2013) about her experiences and her own involvement and participation.The interview and her book provides valuable insights into the workings and machinations of the Radical Right as exemplified in the Conspiracy , paranoid and fear driven JBS and how today it has morphed into the Tea Party which have approbated most of their ideas. In a nutshell roll back the US to pre 1929 that includes completely abolishing the New Deal and Great Society programs.

    http://www.politicalresearch.org/2013/12/16/the-tea-party-the-john-birch-society-and-the-fear-of-mob-rule-an-interview-with-claire-conner/

    Vote: Thumb up 3 Thumb down 5 You need to be logged in to vote
  73. stephieboy (2,801 comments) says:

    EAD, Ron Paul is not on queue . We can count ourselves very fortunate that he is not President.
    Ron Paul casts his lot with extremists, conspiracy theorists,

    http://www.salon.com/2013/04/29/ron_paul_casts_lot_with_extremists_conspiracy_theorists_partner/

    Vote: Thumb up 4 Thumb down 3 You need to be logged in to vote
  74. Manolo (13,590 comments) says:

    Malaysia is rapidly regaining banana-republic status: http://news.msn.co.nz/worldnews/8817086/malaysia-confirms-receiving-more-radar-data

    Malaysian officials revealed they have been given “radar data” on missing flight MH370 but have refused to say which nation provided the new information.

    Acting Transport Minister Hisammuddin Hussein made the announcement at a press conference in Kuala Lumpur yesterday, the Daily Mail reports.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  75. RRM (9,841 comments) says:

    Russell Norman wants to give $1m of taxpayers’ money to the construction company that first builds a 10-storey timber building in New Zealand:

    http://www.stuff.co.nz/auckland/local-news/business/9845468/1m-prize-for-wooden-building

    Vote: Thumb up 5 Thumb down 0 You need to be logged in to vote
  76. muggins (3,348 comments) says:

    Judith
    Having just read your take on Judith Collins I couldn’t help but get the feeling you have it in for Collins for reasons other than those you have stated.
    Could it be your dislike for her stems more from the fact that she turned down a certain Canadian judge’s report rather than her recent behaviour? .
    As most of us know that judge came to the incorrect conclusion but you can’t accept that , hence your anti-Collins stance.
    Just sayin’.

    Vote: Thumb up 10 Thumb down 2 You need to be logged in to vote
  77. Duxton (643 comments) says:

    @ Judith:

    Actually, I was making an ironic reference to the ongoing harping (screeching??) from the Left about NZ’s manufacturing crisis.

    But then, you wouldn’t see that, would you.

    [Memo to self: Lefties have no concept of irony, and no sense of humour.]

    Vote: Thumb up 7 Thumb down 1 You need to be logged in to vote
  78. emmess (1,427 comments) says:

    Did anyone listen to the circle jerk that was the Political Panel on Radio Live before?
    Deborah Coddington, from the right, my arse

    She actually tried to compare Russia’s annexation of the Crimea with Scotland’s independence referendum

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  79. kowtow (8,326 comments) says:

    I’m not sure that the Crimea thing is about left and right.

    Under the UN charter populations have a right to self determination. The Crimeans are majority Russian and want to be in Russia.What’s wrong with that?

    Serbia was bombed and dismembered by Clinton and the EU. Populations getting to vote on inclusion or otherwise in newly created Kosovo,at the expense of historic Serbia.

    Territorial integrity of Serbia didn’t count when the EU and the White House said so.

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  80. Elaycee (4,378 comments) says:

    @muggins: Unfortunately, there is a handful of commenters on KB who take every opportunity to bleat and whinge about Judith Collins – simply because the Minister has made decisions that do not sit in sync with their own agenda.

    There can be little doubt Collins could have / should have handled the Oravida dinner situation smarter, but that should not detract from the fact that she is an excellent Cabinet Minister and, thankfully, one who is here to stay for a while yet….

    Unlike some of her detractors. :D

    Vote: Thumb up 6 Thumb down 2 You need to be logged in to vote
  81. stephieboy (2,801 comments) says:

    A background to the Kosovo war that avoids all the Conspiracy related nonsense including the alleged cover up for Clinton’s affair,

    http://en.wikipedia.org/wiki/Kosovo_War

    Vote: Thumb up 2 Thumb down 1 You need to be logged in to vote
  82. mikenmild (11,247 comments) says:

    Yes, I think some have confused Clinton/Kosovo with the movie ‘Wag the Dog’.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  83. griffith (1,111 comments) says:

    thankfully, one who is………. set to become even more valuable to the next national government

    :wink:

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  84. Andrei (2,570 comments) says:

    Oh stephieboy the Kosovo War was just Satan driving Christian Serbs from their ancient heartland in the cause of spreading darkness over all the human race

    Vote: Thumb up 4 Thumb down 6 You need to be logged in to vote
  85. emmess (1,427 comments) says:

    I’m not sure that the Crimea thing is about left and right.

    You are probably right that was just my example but she didn’t take an rightish position on anything, she did not deserve to be there representing the right.

    Territorial integrity of Serbia didn’t count when the EU and the White House said so.

    Did they annex Kosovo?
    Did they arrange the independence referendum?

    Vote: Thumb up 1 Thumb down 3 You need to be logged in to vote
  86. cha (3,946 comments) says:

    A wee while ago some other bloke had a similar beef with the neighbours.

    Russia signaled concern on Wednesday at Estonia’s treatment of its large ethnic Russian minority, comparing language policy in the Baltic state with what it said was a call in Ukraine to prevent the use of Russian.

    http://www.reuters.com/article/2014/03/19/us-russia-estonia-idUSBREA2I1J620140319

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  87. Andrei (2,570 comments) says:

    Did they annex Kosovo?
    Did they arrange the independence referendum?

    No they actually bombed the hell out of Serbia and Montenegro for forty days and forty nights, killing thousands of Serb men women and children in their beds.

    Vote: Thumb up 5 Thumb down 2 You need to be logged in to vote
  88. Albert_Ross (276 comments) says:

    How is it “banana-republic” to decline to state where you got some information from? I would imagine that that is exactly what a grown-up, sensible Government would do with information that it had received on the understanding that the source would not be revealed, something which is quite common and not at all surprising.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  89. emmess (1,427 comments) says:

    killing thousands of Serb men women and children in their beds.

    Do you have a source for this other than RT?

    Vote: Thumb up 2 Thumb down 3 You need to be logged in to vote
  90. Ed Snack (1,851 comments) says:

    MH 370 Update of note, the Aussies report (from a Satellite report) two pieces of debris that they are investigating. Should have an aircraft overhead shortly. Surface confirmation will take longer. No idea if this is really something, but worth following up obviously.

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  91. UglyTruth (4,551 comments) says:

    the fact that she is an excellent Cabinet Minister and, thankfully, one who is here to stay for a while yet….

    Excellent ministers of justice don’t promote corruption within the judicial system as she has done.

    Vote: Thumb up 1 Thumb down 5 You need to be logged in to vote
  92. UglyTruth (4,551 comments) says:

    Did they annex Kosovo?

    The EU and the US proceeded to dismember Yugoslavia into subservient mini-states. They then bombed Serbia in order to carve off Kosovo, destroying one of the few independent countries still allied with Russia. The U.S. then moved on to foment uprisings in Georgia, Ukraine and Chechnya. They bombed, invaded and later occupied Iraq – a former Russian ally in the Gulf region.

    http://www.boilingfrogspost.com/2014/03/12/obamas-advancing-empire-putsch-pillage-duplicity/

    Vote: Thumb up 6 Thumb down 4 You need to be logged in to vote
  93. Viking2 (11,420 comments) says:

    Debris sighted.

    http://media.smh.com.au/news/national-news/mh370-have-we-found-it-5278048.html

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  94. Lucia Maria (2,317 comments) says:

    Ugly,

    Your boiling frog article would be funny if it wasn’t so ridiculous. It’s like a reinterpretation of events designed to capture the weak of mind who think that there are EU and NATO “satellite regimes” in Eastern Europe.

    Newsflash – those guys in the East remember the Soviet Union and they don’t want to go back to that.

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  95. Ed Snack (1,851 comments) says:

    US P8 Poseidon reporting radar returns from the area, plus unsourced reports of additional debris. Still not sure, largest piece is said to be of the order of 24 metres long, if so would have to be part of a wing. Poseidon almost on site, confirmation of what in hour at most.

    Vote: Thumb up 5 Thumb down 0 You need to be logged in to vote
  96. duggledog (1,528 comments) says:

    TV One News do a story on limiting crayfish quotas

    Using a graphic with a lobster – you know, the ones with massive claws. Jesus they are a bit useless aren’t they

    Vote: Thumb up 6 Thumb down 0 You need to be logged in to vote
  97. Viking2 (11,420 comments) says:

    Kiwibank says it’s opening a new office in Hastings where more than 100 staff will be based as it looks to mitigate risk.

    In a statement CEO Paul Brock said the Hastings office will supplement core banking services provided from Kiwibank’s Wellington head office. He said recent earthquakes, extreme weather events and the risks of things such as fire or gas leaks have prompted a review of from where and how Kiwibank provides its core services.

    http://www.interest.co.nz/news/69070/new-hastings-office-around-100-staff-kiwibank-it-looks-mitigate-risk

    We need a lot more of this thinking.

    Vote: Thumb up 3 Thumb down 0 You need to be logged in to vote
  98. Ross12 (1,413 comments) says:

    duggledog

    TV1. Did you catch the bit about postage increases? An increase from 70c to 80c is a 10% increase according to those guys.

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  99. Andrei (2,570 comments) says:

    LOL Lucia countries like Poland and the Baltic States have swapped one master for another – one which may be worse, apart from anything else young Polish and Baltic Women are transported from their homes to be sold into sexual slavery for Western pigs to use as they wish.

    Vote: Thumb up 2 Thumb down 3 You need to be logged in to vote
  100. wikiriwhis business (3,883 comments) says:

    “Wow – really ? I’m picturing an MP rubbing hands with glee ‘cool, elected. Licence to print money’. Really ? Tell me the truth you sexy big brained beast….”

    To be an MP is licence to print money (ie pay rises) and baubles and pensions and travel perks and all included for spouses. Partners as well I would say.

    Vote: Thumb up 1 Thumb down 1 You need to be logged in to vote
  101. UglyTruth (4,551 comments) says:

    Your boiling frog article would be funny if it wasn’t so ridiculous.

    As funny as a heart attack. US interventionism has a seriously dark history.

    https://whatreallyhappened.com/WRHARTICLES/northwoods.html

    According to secret and long-hidden documents obtained for Body of Secrets, the Joint Chiefs of Staff drew up and approved plans for what may be the most corrupt plan ever created by the U.S. government. In the name of antiCommunism, they proposed launching a secret and bloody war of terrorism against their own country in order to trick the American public into supporting an ill-conceived war they intended to launch against Cuba.

    Vote: Thumb up 3 Thumb down 4 You need to be logged in to vote
  102. wikiriwhis business (3,883 comments) says:

    “EAD, by all means re the banking system and rather like Henry Ford lets blame the Jews.?”

    Was Henry Ford who helped co finance the Nazi Party. Hitler had a photo of Ford on his office desk.

    Germany went from impoverishment to a first world power in no time flat. The reasons for that have never been aired. Not even in books of Hitlers rise.

    Vote: Thumb up 2 Thumb down 3 You need to be logged in to vote
  103. wikiriwhis business (3,883 comments) says:

    Will Key forgive this breathtaking disaster?

    How long before Prime Minister John Key decides Hekia Parata is a liability in Cabinet?

    The only saving grace in the kohanga reo debacle has been Key’s calculated decision to leave chief of staff Wayne Eagleson behind while he is on a 10-day trip to China and Europe.

    The decision to refer allegations of misspending by a kohanga reo-related company to the Serious Fraud Office – less than 25 hours after Parata assured the “taxpayers of New Zealand” that there had been no impropriety – looked like something that had Eagleson’s fingerprints on it.

    Her handling of the affair has been a breathtaking disaster.

    During a press conference on Tuesday night Parata blustered and bullied her way through questions about her assurance that none of the $92 million in public funding allocated to the Kohanga Reo National Trust, or paid to its subsidiary, Te Pataka Ohanga, had been misspent.

    After giving reporters 10 minutes to read the report by accountants Ernst & Young, Parata announced: “I am satisfied that public moneys are being expended in the appropriate way.”

    When it was eventually pointed out to her that none of the spending relating to wedding dresses or Trelise Cooper outfits had been addressed by the report, she triumphantly told reporters that these matters were never included in the terms of reference.

    She insisted, meanwhile, that there were no instances of the subsidiary receiving public money.

    It took a Kohanga Reo National Trust board member to eventually confirm that kohanga reo got money from the Ministry of Education and the subsidiary got its money from kohanga reo.

    Parata’s logic appears to suggest that any agency can use a standalone company to avoid accountability for taxpayer funds.

    http://www.stuff.co.nz/national/politics/opinion/9846923/Will-Key-forgive-this-breathtaking-disaster

    Vote: Thumb up 2 Thumb down 5 You need to be logged in to vote
  104. chris (644 comments) says:

    Ross12:

    TV1. Did you catch the bit about postage increases? An increase from 70c to 80c is a 10% increase according to those guys.

    Yeah, it’s a 10 (per)*cent* increase ;)

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  105. nasska (11,281 comments) says:

    Good God…..our patronising TV presenters deliver the pap at 250 words a minute with only strangled gasps for air & you expect accuracy.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  106. nickb (3,686 comments) says:

    Any reports of tax being deducted on that “koha”? Services rendered and all …

    Surely you jest….

    http://www.ird.govt.nz/non-profit/np-gst/liable-gst/

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  107. nickb (3,686 comments) says:

    Another day, another round of vitriol fron Jude against Collins.

    Jude, can you hand on heart say this hatred has nothing to do with her refusal to hand millions of cash over to Bain based on a shoddy report?

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  108. Odakyu-sen (600 comments) says:

    I was shopping at New World for ingredients for Japanese curry when I spied the latest issue of “North and South” at the checkout. It had a large, pink, “Toy Story”-Ham-like piggy bank pig, and the title underneath which read something like “Does Money Make You Mean?”

    Has anyone else seen this?

    Perhaps when people work hard for their money, they resent having it taken from them to give to those who choose not to work.

    Of perhaps a certain meanness makes you money in the first place. If this is so, then “North and South” have gotten it the wrong way around. “Does Mean Make You Money?”

    Vote: Thumb up 2 Thumb down 0 You need to be logged in to vote
  109. thedavincimode (6,719 comments) says:

    nickb

    Money for personal services??

    And don’t let Nursey upset you. One day I expect she will be so clever her leg will fall off.

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  110. Viking2 (11,420 comments) says:

    Something interesting to watch.

    http://devour.com/video/how-wolves-change-rivers/

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  111. nasska (11,281 comments) says:

    In 1770, King George asked for a census of all the people in the colonies. This is the actual report, verbatim, that Grafton County, New Hampshire sent to the King:

    “Your Royal Majesty, Grafton County, New Hampshire, consists of 1,012 square miles. It contains 6,489 souls, most of whom are engaged in agriculture, but included in that number are 69 wheelwrights, 8 doctors, 29 blacksmiths, 87 preachers, 20 slaves and 90 students at the new college. There is not one lawyer, for which fact we take no personal credit, but thank the Almighty and Merciful God.”

    Vote: Thumb up 4 Thumb down 0 You need to be logged in to vote
  112. cha (3,946 comments) says:

    The Australian Maritime Safety Authority media kit.

    http://amsa.gov.au/media/incidents/mh370-search.asp

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  113. griffith (1,111 comments) says:

    dead man flying ………….splutter.. splutter .. “splash”

    looks almost like debris field sounding 2
    Would need to view larger area as it may just be sea spume

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  114. Rowan (2,119 comments) says:

    http://www.stuff.co.nz/national/crime/9848553/Lundy-murder-trial-date-set

    Lundy has been given another date with the jury, I don’t believe the crown should bother as IMO they don’t stand a hope in hell of reconvicting him, but lets see them waste millions of dollars in taxpayer funded money trying anyway, this is not to say that Lundy is innocent, which I don’t have a strong opinion on either way but the case is that weak that there is so many areas of ‘reasonable doubt’.
    I imagine that after the crown has lost this one then the Auckland tax lawyer will pay one of her hired guns to write a written to perscription academic essay on why he “shouldn’t” be compensated, but maybe we are getting ahead of things. Won’t be surprised when this case becomes another train wreck and that the crown again won’t be able to admit that they got it wrong.

    We shall see.

    John, time to do the right thing, get rid of COllins and appoint a justice minister that can actually understand the concept of ‘justice’.

    Vote: Thumb up 0 Thumb down 6 You need to be logged in to vote
  115. SPC (5,595 comments) says:

    It took almost two years — from June 2009 to May 2011 — before the wreckage of the Air France flight was found on a plateau more than 11,000 feet deep in the Atlantic off the coast of Brazil. With no hint of where the Malaysian plane might have gone down, Gallo said that perhaps the only hope it will be found rests on the discovery of some floating debris.

    “It’s a big chunk of the Indian Ocean, almost the size of the North Atlantic,” Gallo said. “If [the plane] is in the ocean, it can range from the flat sediments of the Bay of Bengal, two miles-plus deep, and the further south you get, west of Perth is one of the most in­cred­ibly complicated underwater terrains on the planet.”

    http://www.washingtonpost.com/world/malaysia-airlines-didnt-buy-computer-upgrade-that-could-have-given-data-on-missing-flight/2014/03/19/40e2484c-af7c-11e3-a49e-76adc9210f19_story.html

    Not much chance of finding the black box.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  116. griffith (1,111 comments) says:

    Banker’s bloat
    Mar 14th 2014, 13:47 by K.N.C and L.P.
    http://www.economist.com/blogs/graphicdetail/2014/03/daily-chart-8
    Wall Street bonuses are increasing again

    “GREED is good!” boomed Michael Douglas in the 1987 film “Wall Street.” Though an anthem of the perceived excesses of the time, the bonuses then forked out to financiers were relatively meager: $32,000 on average. The sum would grow four-fold in the 1990s. And then it soared higher still, reaching a peak just before the financial crisis. In 2006 New York’s investment banks paid nearly $40 billion in bonuses (adjusted for inflation)—about ten times the budget of the United Nations. During the crisis, banks had to show contrition and bonuses halved. But they have restarted their ascent. In 2013 the bonus pool of New York’s financial-sector employees increased 15% to about $27 billion

    Vote: Thumb up 0 Thumb down 1 You need to be logged in to vote
  117. NoCash (257 comments) says:

    SPC – I think they can find the needle in the haystack… if the haystack can be found.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  118. SPC (5,595 comments) says:

    NoCash, if the black box is in part of the plane that has sunk, it’s not the best place to be looking for it.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  119. Pete George (23,481 comments) says:

    This must be one of the most extensive and expensive searches ever. For what? Is it good value for money?

    Vote: Thumb up 0 Thumb down 1 You need to be logged in to vote
  120. nasska (11,281 comments) says:

    SPC

    The black box will be pinging its heart out for another couple of weeks. If they get a fix on it they’ll find a way to access it.

    The USA have interests & China has (presumably) lost about 200 nationals….there’s too much ‘face’ at stake for a way not to be found.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  121. SPC (5,595 comments) says:

    Pete, all planes flying the North Atlantic have to have software that would enable the location of where it went down. Many other airlines flying other routes also use it. Not in this case.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  122. NoCash (257 comments) says:

    They need to enlist James Cameron for help I reckon. For both deep water search and making the movie “Flight 370″.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  123. muggins (3,348 comments) says:

    Rowan,
    I wouldn’t be so sure about Lundy being found not guilty at his retrial .
    Btw, I believe Judith Collins has no problem understanding the concept of justice.
    Your problem is that she didn’t accept a decision by a certain Canadian judge who obviously made some basic errors when he was interviewing a multiple murderer. I mean if he didn’t believe all of the answers that murderer gave him,as appears to be the case, then how could he believe anything that same person told him.

    Vote: Thumb up 3 Thumb down 1 You need to be logged in to vote
  124. Rowan (2,119 comments) says:

    And heres Aunt Fanny the biggest retard in the blogosphere giving her 2 cents worth.
    Muggins I would appreciate it if you didn’t post stupid comments everytime someone posts something you disagree with, as usual you have no idea what your talking about.

    Vote: Thumb up 0 Thumb down 2 You need to be logged in to vote
  125. mikenmild (11,247 comments) says:

    Oh dear, the Bainiacs have come out. Full moon was a few days ago, but I guess the rush lasts longer for some.

    Vote: Thumb up 4 Thumb down 1 You need to be logged in to vote
  126. cha (3,946 comments) says:

    #MH370 Flight crew in Indian Ocean reports radar hits of “significant size,” indicating something below water’s surface, ABC News says.

    https://twitter.com/cnnbrk/statuses/446541983205453824

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  127. kowtow (8,326 comments) says:

    Europe badly needs a Tony Abbott.

    http://www.aljazeera.com/news/europe/2014/03/italy-rescues-2000-migrants-48-hours-201432055244729456.html

    Illegal immigrants have a human right to over run Europe.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  128. Nostalgia-NZ (5,121 comments) says:

    Rowan, Fisher didn’t say DB shouldn’t be compensated – he differed with the process and said that by his ‘suggested’ alternative Binnie may have still arrived at the same decision – innocent on the BOP. Similarly with the marks found by David Giles on the photograph of Robin Bain’s thumb, Sanderson said that he couldn’t exclude the marks having not have arrived there by Robin handling the magazine. To respond to the ‘we lost the battle, but we also lost the war’ lot, hazards descent in madness. About now a giggling idiot should remind us for the 25,000th time that David did the washing that morning – and every other. I’d like one of them to explain the blood smears on the father’s hands and his blood in the laundry – but on one will.

    Vote: Thumb up 1 Thumb down 3 You need to be logged in to vote
  129. SPC (5,595 comments) says:

    An expression of doubt that the black box will be recovered.

    http://www.smh.com.au/national/missing-malaysia-airlines-plane-mystery-could-take-years-to-unravel-20140320-355rt.html

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  130. cha (3,946 comments) says:

    M’urica’s friends.

    http://www.dawn.com/news/1094257/king-of-bahrain-vows-to-enhance-military-cooperation-at-jshq

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  131. cha (3,946 comments) says:

    Indian Ocean currents.

    https://pbs.twimg.com/media/BjJoUKXCIAAjgTo.png:large

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  132. Rowan (2,119 comments) says:

    Nosty
    Am aware of that, my post was about Lundy, the old goat above as usual tried to turn it into a DB thread. You are correct as usual with a minor correction, Sanderson was the optometrist not the guy who did the police firearms report.
    As usual no one is able to answer your questions because there are no answers that supports the ‘daddy is innocent’ myth and we are left with unsubstainted crap like the 8.58 post.
    An important lesson for the spinners; “just because I don’t agree with it, or don’t want to admit it, doesn’t make it not true” but I guess they are to stupid to learn anything at all.

    Vote: Thumb up 1 Thumb down 4 You need to be logged in to vote
  133. Nostalgia-NZ (5,121 comments) says:

    I like the fact that Robin ‘wasn’t’ guilty despite having smears and smears of blood on his palms but Lundy is guilty because of a speck on a shirt that has never legitimately been confirmed as dna.

    Your correction is accurate Rowan, Walsh? was the scientist who couldn’t exclude RB from handling the magazine on the morning he was found with blood on his palms, while Sanderson was the optical expert whose evidence was hidden from that unfortunate Dunedin mistrial.

    Vote: Thumb up 1 Thumb down 3 You need to be logged in to vote
  134. srylands (408 comments) says:

    Centrebet – the major Australian online bookmaker is now taking bets on the NZ election.

    http://centrebet.com/#Sports/7145959

    National $1.25

    Labour $3.80

    Will be interesting to keep an eye on the odds.

    Vote: Thumb up 1 Thumb down 0 You need to be logged in to vote
  135. Ryan Sproull (7,101 comments) says:

    Okay. Notice given. In four weeks, I move back to New Zealand.

    Hoo-hah.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  136. Ben Dover (526 comments) says:

    HANDS OFF OUR FLAG SCUM BAGS

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  137. Ben Dover (526 comments) says:

    only a 12+ % increase in Military spend in CHINA this year

    KUMBAYA

    Chinese Premier Li Keqiang on Wednesday announced a 12.2 percent increase to China’s military budget for 2014 to 808.2 billion yuan ($132 billion).

    Observers said that the growth is spurred by increasing global tensions and is consistent with China’s growing economy.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote

Leave a Reply

You must be logged in to post a comment.