Into Black-Scholes: where all the money went
A very interesting article on the BBC – the financial formula that ruined the world. Well, that’s a bit sensationalist, but it’s a […]
Inter-generational theft
Baby boomers strike again. In 1989, University fees for domestic students in New Zealand were less than $300. Moreover, for many students, 90% of that […]
The polls must be crazy
OK. I’m officially confused. Is National plummeting or holding? Is Labour gaining or falling? Are the Greens becoming the second party or slipping back? 5 polls: 5 different answers.
Wages rise faster than inflation!
For the first time under this National government, average wages and salaries actually rose (2%) faster than inflation (1.6%), so in the last year people are ever so slightly better off – I think congratulations are in order!
Resignationwatch: why unethical, probably illegal, behaviour is OK in Key’s govt
For the first time in 3.5 years, Lockwood Smith didn’t preside over question time yesterday. The hapless National backbencher Eric Roy took his place resulting an awfully convenient farce. Key refused to answer questions, going so far as to say he wasn’t responsible for who is a minister. But, like the sudden slew of ministerial announcements, Key’s evasiveness will not distract the media, which smells blood.
Open mike 02/05/2012
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
ImperatorFish: Government Moves To End Boat People Crisis
CamerKey and BanksHunt
David Cameron was summoned to Parliament to explain why he has not called an enquiry into Culture Minister Jeremy Hunt’s backdoor contacts with the Murdochs. Cameron accepted verbal assurances from Hunt but did not ask for evidence, and Hunt was “not aware” of what his now-sacked confidential adviser was doing. Sounds very familiar here; both Ministers are on the slippery slope and both PM’s evasiveness is costing them at the polls. Question Time should be interesting today.
If Banks resigns
A by-election in Epsom. If ACT or National win, the Right retains 61 votes. But, between resignation and swearing in typically takes 3 months during which the Right would have 60 v 60. Legislation fails on draws. Asset sales, SkyCity, welfare cuts, even the Budget could all fail if the Maori Party wants. And what if the Conservatives win? They’re anti-asset sales and crony capitalism. You can see why Key is turning a blind eye.
Euthanasia bill
Maryan Street’s “End of Life Choice Bill” has triggered another round of debate. A recent poll shows public support for legalising voluntary euthanasia at an all time high. It’s a question of “when” not “if”.
Twisting in the wind
According to 3 News, Kim Dotcom paid cheques into John Banks’ campaign account in Queenstown. Duncan Garner says this would show up on Banks’ bank records as “anonymous”. So how did Kim Dotcom get TeamBanksie’s account number? Two days after he had had a lunch meeting with Banks.
More questions for the Police to ask and Banks to answer.
Rhetoric and reality: Key’s principles
In 2008 John Key was loudly telling us about his high standards and principles. The Banks case is yet more proof that it was all a prattle of empty rhetoric.
Resignation-watch: John Banks
John Key has refused to sack John Banks saying “The test is, did he breach the law or not? If he hasn’t, then he’s not guilty”. That has never been the standard ministers are held to. Ministers are required to uphold “the highest ethical standards“. It looks like Banks traded an ‘anonymous’ donation from Kim Dotcom for his political influence. Is that Key’s idea of the “highest ethical standards”?
Open mike 01/05/2012
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
The name’s on the cheque!
Campbell Live showed us pictures of the Cheques by which Kim Dotcom’s company Megastuff made donations to Team Banksie 2010. How can John Banks argue that the two donations of $25,000 from Kim Dotcom’s company Megastuff Limited are anonymous when the company name is on the cheque? You could look up their address on the website. Game over, John and John.
Firewalls up in smoke
David Cameron’s defence of embattled Culture Secretary Jeremy Hunt has been called a “firewall” that’s failing to hold.
Cameron needs Hunt to stay or else Cameron is the next to go. It is the same for John Key.
As the stench of corruption around John Banks grows, he desperately needs him to stay or else all he loses legitimacy for asset sales and potentially his majority on the issue as well.
ImperatorFish: A Statement By John Banks
Scott at Imperator Fish has kindly given us permission to syndicate posts from his blog – the original of this post is here.
On Sunday morning I made it clear to Paul Holmes on TVNZ’s Q&A current affairs show that I didn’t come up the river on a cabbage boat. I am aware that a number of my enemies are trying to catch me out, so in order to “front-foot” this matter I am making the following statement…
Decriminalising pot?
With pot related arrests down by half over the last eighteen years, the police have been accused of “decriminalisation by stealth”. It’s probably time to have the debate properly.
Will Dunne heed his own poll on asset sales?
United Future are polling the public about their support for partial privatisation. Will Peter Dunne heed his own poll?
Classy
What your ruling party got up to at its South Island Regional Conference. Michael Woddhouse, list MP and failed candidate for Dunedin South, speaking at a podium behind a toilet seat with Dunedin South MP Clare Curran’s face attached. It’s witty, too. That’s what I like about it.
NRT: Catherine Isaac’s crony appointment
The indefatigable Idiot/Savant at NRT has been looking at the appointment of Isacc to head the Charter School Working Group. It seems to have been conducted with all the professionalism and integrity that we have come to expect of ACT.
Holiday highway even less affordable
The case for the Puhoi to Wellsford Holiday Highway just got even worse. Before, officials reckoned it would return net benefits worth ten cents for every dollar spent. Now, the cost will equal the benefits – if traffic volumes double in 15 years. Problem is, traffic volumes in Northland are flat or falling in the Peak Oil Age.
Some good vision
David Cunliffe delivered a solid speech yesterday in New Lynn laying out some good thoughts on the state of New Zealand.
In it he’s been very clear on what’s happened to New Zealand. in the last thirty years.
Tape of ACC-Pullar meeting raises more questions
Another secret taping, another political scandal. A recording of Pullar and Boag’s meeting with ACC by Pullar appears to show that Pullar did not “blackmail” ACC as alleged. This raises serious questions about how Pullar’s name got into the public arena. And why hasn’t Collins ordered ACC to correct its version of events since its had the transcript for weeks?
Open mike 30/04/2012
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
Policy for Money?
Party donations for the 2011 general election will be published on Tuesday . One new provision in the Act provides for the declaration of the number of donations in two bands; $1500 to $5,000, and up to $15,000. It will be very interesting to see the number of upper level donations in National and ACT particularly. They could hide Banks-type split donations from asset-sale backers.
More willful ignorance on charter schools
Armstrong tries to downplay the risks of charter schools. To do so of course he has to (as the PM so often does) denigrate the science that he wants to ignore.
Banks has got to go
Key should go because of his dirty deal with SkyCity. Joyce too. Collins should go over the ACC leaks. Brownlee for sheer incompetence. English for shit-eating grin every time he fails to meet his own growth forecasts and announces more cuts. Add Banks to the list. His position in now untenable. The accusations are serious and credible. His excuses and memory lapses implausible. He must at least be stood down.
Open mike 29/04/2012
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
10,000+ at Auckland anti-MOM protest
Lots of people… get down to Britomart.. Mind you Britomart is filling up rapidly. They need a few more megaphones by the look […]
Rumours just the usual mischief
It’s understandable that the right wingers, feeling a bit punch drunk from the factional succession squabble going on in National, would try and distract attention by spreading some mischievous rumors. Good to see them officially laid to rest.
Dodgy old Banksie
It’s been revealed that Banks took fifty thousand dollars for his campaign from Kim Dotcom. Given the subsequent furore around Dotcom, the would be slightly embarrassing in its own right but it’s been considerably exacerbated by the fact it came in two separate payments – as requested by Banks so he could keep the donation anonymous.
Keep our assets petition is live!
The wording for the citizens-initiated referendum has been approved. Now, we just need to get 300,000-odd signatures. The petition form is here but the Keep Our Assets Coalition needs more than your signature, you need to help get signatures too. The Greens and Labour are signing people up for the campaign. Rallies in Auckland and Nelson today as part of the Hikoi. Official campaign launch: Wellington, May 10.
Open mike 28/04/2012
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the link to […]
Filleted Murdock
Stayed up last night to watch Robert Jay QC question Rupert Murdoch at the Leveson enquiry. It was riveting – you can see why top lawyers like Jay are called silks. Murdoch denied, deferred, demeaned, derided and defended but couldn’t help himself – ended up with more damage than control. This affair has more legs than a millipede.
Weekend social 27/04/2012
Weekend social is for non political chat. What’s on for the weekend, gigs, film or book reviews, sports, or whatever. No politics, no […]