animadvert – to comment critically (upon), censure, express criticism.
A caller to Newstalk ZB this morning said he didn’t own shares and never would because they were too risky.
Leighton Smith responded by asking why, if shares in a company are so risky anyone would want the government to own the whole lot?
One of the advantages of living in the country is that we won’t be bothered by anyone tricking or treating.
If we were, unless I knew the children doing it, my inclination would be to discourage them.
It’s not so much that it’s a celebration imported from another country – many of ours are – it’s more that it’s from another time.
Then there were just a very few celebrations and the sweet treats which went with them- Christmas, Easter, birthdays and a very rare other special occasion. Neighbours knew neighbours and children put an effort into making their own outfits.
But it’s different now and I don’t see why parents forking out money on an outfit from the Warehouse is a good excuse for knocking on doors of people you don’t know asking for more sugar.
However, this year at least, Halloween isn’t all bad. Occupy Wellington protesters have had to move to make way for a Halloween party.
How did I manage to overlook the build up to yesterday’s series decider between the Australian Diamonds and the Silver Ferns?
Did I not notice the interviews with players and coaches, the commentary from experts, the media coverage of fans who were travelling to support the team or how they’d be gathering to watch at home, or wasn’t there much to notice?
For the record, the Diamonds won the game 44-41 in Melbourne last night.
This was their second win in three matches which gives them the Constellation Cup.
That, following the Diamonds’ World Championship win last year takes them to the number one ranking.
This morning’s ODT carries the sad news of the sudden death of Richard Walls.
He won the Dunedin North seat for National in 1975, the last person from that party to hold a seat in the red city.
He was a former Dunedin mayor,
current and city councillor and a businessman who was passionate about his city and the south.
I served on a board with Richard, appreciated his contributions. He often took a contrary view which made us think about an issue in a different way and he always did it with good humour.
He was also an occasional commenter, under a pseudonym, on this blog.
Hone Harawira’s rhetoric that political parties should ‘feed the kids’ must be challenged says Maori Party co-leader Tariana Turia.
“Gone are the days when we allow the State to take over the role of families; to encourage whanau to abdicate their responsibilities” said Mrs Turia.
“Our greatest opportunity through Whanau Ora has been that our whanau are able to inspire the nation and act as a beacon of hope for our own solutions” said Mrs Turia.
“The last thing we need is for another politician to come in to save our families by handing out free breakfast and free lunch to their kids”.
“It’s patronizing, it’s demeaning and it devalues the vital capacity of our whanau to take responsibility for their own children’.
“Hone has picked a number out of the air ($38m) but the costings are at least ten times that” said Mrs Turia “and that’s not for all children either”.
“If we provided free breakfast and lunch to the children the Child Poverty Action Group has classified as living in poverty (230,000) that brings a cost of $368m per year – that’s right – a billion dollars for the next term of Parliament to authorise politicians to take over the rights and responsibilities of families”.
“We must resist any attempts by politicians to paint our families as incapable of doing for themselves. We should be working to inspire hope; to remind our whanau of their capability to feed their children, provide a healthy lifestyle, a warm and secure home”.
“Government’s job is to ensure that there is support for families to look after their own; that there is meaningful work available; and a minimum wage of at least $16 an hour”.
“And we must restore to ourselves our time-honoured traditions. The Maori Party has invested in the recreation of maara kai so that our whanau can fend for themselves, determine their own futures”.
“Our whanau are our future – not a politician handing out a free lunch”.
This is really encouraging and offers voters in the Maori electorate real choice – the grievance and gimme of Harawiara and the Mana Party or whanau helping whanau of the Maori Party.
One encourages dependency the other encourages responsibility.
National has always said that proceeds from the mixed ownership model of state assets would be used to fund different ones to reduce the need to borrow.
John Key’s announcement that the proceeds from the sale of a minority share in a few of the many assets owned by the state will go into a Future Investment Fund confirms that and ensures the money won’t be lost in the Consolidated Fund where it could easily be frittered away.
“A National-led Government will use the $5-$7 billion proceeds of the mixed-ownership model to set up a Future Investment Fund to buy new productive infrastructure for New Zealanders.
“The first priority will be putting $1 billion into modernising and transforming New Zealand schools over the next five years.
“The environment in which teachers teach, and kids learn, is hugely important to their future. We want New Zealand children studying in modern classrooms that meet their learning needs and let them use the most up-to-date technology.
“That’s a crucial component in lifting achievement, which in turn is vital to building a faster growing economy with more exports and more real jobs.
“As things stand now, the existing money for school building projects will be needed simply to maintain the existing school network and to help address health and safety issues like earthquake proofing and leaky buildings.
“The mixed ownership model will allow us to increase the total amount spent on school building projects each year by more than 50 per cent, without extra borrowing.
“As well as schools, the Fund will be used to pay for high quality projects like major hospital redevelopments and transport projects. More projects will be confirmed as decisions are made.
“We will be very transparent about the proceeds that go into the Future Investment Fund and very transparent about what assets it is used for.
“In this way the public can be assured that the proceeds of mixed ownership are not being lost. Far from it – the money we raise from mixed ownership is being used, in its entirety, to pay for valuable new assets that will benefit New Zealanders.
“And because we will have the money already there in a Fund, we don’t need to go out and borrow that money from overseas lenders, increase our debt, and pay higher interest payments offshore.
“That’s a win-win for New Zealanders,” Mr Key says.
The parlous state of several countries overseas as a result of excessive borrowing is a salutary lesson for anyone who thinks that’s what we should do.
Finance Minister Bill English emphasises the importance of not having to increase debt:
A National-led Government is committed to investing in modern infrastructure that helps build a faster growing economy with more exports and more real jobs, while keeping our debt low,” Mr English says.
“That’s precisely what our extension of the mixed-ownership model is all about. If re-elected, National will put the proceeds of mixed ownership – between $5 and $7 billion – into a new fund, called the Future Investment Fund.
“Through the Fund the public can be assured the proceeds of mixed ownership are not being lost. They will be used to buy new assets for New Zealanders, and to upgrade and modernise our existing assets, reducing the Government’s borrowing from foreign lenders by $5-$7 billion.
“Investing the mixed-ownership proceeds in this way will result in assets that are long-lived, are here in New Zealand and are owned by the Crown on behalf of all taxpayers.
“They will be part of a growing asset pool, with taxpayers’ assets forecast to expand from $245 billion now to $267 billion by 2016.
“We will set a high bar for projects to be paid for out of the Fund and the case for these projects will have to stack up. They will have to either improve public services or deliver substantial economic dividends for New Zealanders and can’t just involve the routine replacement of existing capital.
“Decisions on spending from the Fund will be made on a case-by-case basis, by ministers, as part of the normal Budget process.
“We intend the Fund to run for at least five years but this of course depends on how much the mixed ownership model raises. The higher the proceeds, the more new investment we can pay for without having to borrow.
“The Government has clearly laid out its plans to extend the mixed-ownership model, which Air New Zealand has operated successfully under for almost a decade.
The Labour Party are opposing the partial sale of assets but using Air New Zealand in their campaigning when this is exactly the model National is proposing.
“After the election, we intend to extend this model to four other State-owned companies – Meridian, Mighty River, Genesis and Solid Energy.
“The Government will retain at least 51 per cent of these businesses and Kiwis will be at the front of the queue for shares.
“This will provide an investment opportunity for savers looking to put their money in something other than housing or finance companies.
“A large and growing pool of New Zealand investment funds will ensure strong local demand for shares. As a result, we expect New Zealanders to own at least 85-90 per cent of these companies.
The mixed ownership model will allow New Zealand individuals and organisations including ACC, superannuation funds and Iwi to invest in New Zealand companies.
Some shares might also go to overseas interests. Those opposed to the proposed sell-down portray this as somehow sinister, I don’t think it is.
All New Zealand superannuation funds have shares in energy companies in Australia so it is highly likely that Australian superannuation funds might be interested in buying some shares in ours.
The alternative to selling minority shares in a few assets is borrowing from overseas banks, almost certainly mostly Chinese.
Selling a minority share in a few assets or increasing our indebtedness? No contest.
475 Romulus Augustulus was proclaimed Western Roman Emperor.
1517 Protestant Reformation: Martin Luther posted his 95 theses on the door of the Castle Church in Wittenberg.
1587 Leiden University Library opened.
1795 John Keats, British poet, was born (d. 1821).
1860 Juliette Low, American founder of the Girl Scouts (d. 1927)
1861 American Civil War: Citing failing health, Union General Winfield Scott resigned as Commander of the United States Army.
1863 The Land Wars resumed as British forces in New Zealand led by General Duncan Cameron began their Invasion of the Waikato.
1864 Nevada was admitted as the 36th U.S. state.
1876 A monster cyclone ravaged India, resulting in over 200,000 deaths.
1887 Chiang Kai-shek, Nationalist Chinese leader, former Republic of China president, was born(d. 1975).
1908 Muriel Duckworth, Canadian activist, was born (d. 2009).
1913 Dedication of the Lincoln Highway, the first road across the United States.
1913 – The Indianapolis Street Car Strike and subsequent riot began.
1917 World War I: Battle of Beersheba – “last successful cavalry charge in history”.
1918 Banat Republic was founded.
1920 Dick Francis, British jockey-turned-novelist, was born (d. 2010).
1923 The first of 160 consecutive days of 100 degrees at Marble Bar, Australia.
1924 World Savings Day was announced in Milan by the Members of the Association at the 1st International Savings Bank Congress (World Society of Savings Banks).
1926 Magician Harry Houdini died of gangrene and peritonitis that developed after his appendix ruptured.
1931 Dan Rather, American television journalist, was born.
1938 Great Depression: In an effort to restore investor confidence, the New York Stock Exchange unveiled a fifteen-point programme aimed to upgrade protection for the investing public.
1940 The Battle of Britain ended.
1941 After 14 years of work, drilling was completed on Mount Rushmore.
1941 The destroyer USS Reuben James was torpedoed by a German U-boat near Iceland, killing more than 100 United States Navy sailors.
1941 A fire in a clothing factory in Huddersfield, England killed 49
1943 World War II: An F4U Corsair accomplished the first successful radar-guided interception.
1949 Bob Siebenberg, American drummer (Supertramp), was born.
1954 Algerian War of Independence: The Algerian National Liberation Front began a revolt against French rule.
1956 Suez Crisis: The United Kingdom and France began bombing Egypt to force the reopening of the Suez Canal.
1963 An explosion at the Indiana State Fair Coliseum (now Pepsi Coliseum) in Indianapolis killed 74 people during an ice skating show.
1968 Vietnam War October surprise: Citing progress with the Paris peace talks, US President Lyndon B. Johnson announced he had ordered a complete cessation of “all air, naval, and artillery bombardment of North Vietnam” effective November 1.
1973 Mountjoy Prison helicopter escape. Three Provisional Irish Republican Army members escaped from Mountjoy Prison aboard a hijacked helicopter.
1984 Indian Prime Minister Indira Gandhi was assassinated by two security guards.
1985 Keri Hulme’s novel The Bone People won the Booker Prize.
1986 The 5th congress of the Communist Party of Sweden was inaugurated. During the course of the congress the party name is changed to the Solidarity Party and the party ceases to be a communist party.
1994 An American Eagle ATR-72 crashed in Roselawn, Indiana, after circling in icy weather, killing 68 passengers and crew.
1998 Iraq disarmament crisis began: Iraq announced it would no longer cooperate with United Nations weapons inspectors.
1999 EgyptAir Flight 990 crashed off the coast of Nantucket, Massachusetts, killing all 217 on-board.
1999 – Yachtsman Jesse Martin returned to Melbourne after 11 months of circumnavigating the world, solo, non-stop and unassisted.
2000 Singapore Airlines Boeing 747-400 Flight 006 collided with construction equipment upon takeoff in Taipei, Taiwan killing 79 passengers and four crew members.
2000 – A chartered Antonov An-26 exploded after takeoff in Northern Angola killing 50.
2002 A federal grand jury in Houston, Texas indicts former Enron Corp. chief financial officer Andrew Fastow on 78 counts of wire fraud, money laundering, conspiracy and obstruction of justice related to the collapse of his ex-employer.
Sourced from NZ History Online & Wikipedia
National’s deputy leader and Finance Minister introduced Prime Minister John Key at this afternoon’s official campaign launch.
After extolling John’s many accomplishments, Bill said:”We are so proud of him, we’ve put him on our hoardings.”
New Zealand WTO ambassador John Adank is expected to be appointed as the new chiar of the Doha Round agricultural negotiations, Trade Minister Tim Groser says.
“The Doha negotiations are facing grave challenges. Ten years of effort have not been able to bridge differences. At a Ministerial Conference in Geneva in mid-December the membership will have to determine the best way forward”, Mr Groser said. “But there have been very important gains, especially in agriculture, and it is essential that these are protected as we move ahead.”
Mr Adank will be the fourth successive New Zealander to chair the agriculture negotiations, succeeding Dr David Walker who returned to New Zealand earlier in the year to take up the role of Deputy Secretary at the Ministry of Foreign Affairs and Trade.
This is good news, I doubt if there would be any strong advocate for the benefits of free trade for agriculture than a New Zealander.
Prime Minister John Key reopened Project Restart in Cashel Mall yesterday.
“A total of 27 businesses have opened today, including the flagship Ballantynes department store, which is great news for Cantabrians and for retailers who are determined to get their businesses up and running,” says Mr Key.
“This is an important step in re-opening the CBD red zone to residents and retailers alike, and gives more certainty to people as they look to the future of this great city.”
Restart is an initiative to give temporary container accommodation to displaced businesses.
“The Canterbury Earthquake Recovery Authority (CERA) has done a fantastic job getting Cashel Mall ready in time for the start of New Zealand Cup and Show week,” says Mr Key.
There is still a long way to go in the rebuild.
But this is wonderful both practically and symbolically. It shows the heart of the city, the bit that’s in the red zone, is open for business again.
The protracted dispute between Qantas and unions which has led to the grounding of the company’s entire fleet is an example of something we don’t want to catch up with.
No-one wins from action like this.
Travellers are inconvenienced, freight is held up, staff lose pay and the company loses money and customers.
I wouldn’t go so far as to say something like this couldn’t happen here, but it is less likely to.
Some on the left are under the mistaken impression that stronger unions are one of the reasons that Australia’s economy does better than ours.
On the contrary, it would do even better if they had more flexible employment laws like we do.
Maori Party c0-leaders Tariana Turia and Pita Sharples are numbers seven and eight on their party’s list.
That is a deliberate move in preparation for their retirements.
Number one is Waihoroi Shortland who is standing in Te Tai Tokerau and his place indicates that he is the likely successor to the co-leaders.
Giving an indication of future plans is sensible. Sharples says he will stay on until the 2014 election but Turia has indicated she probably won’t complete the term:
Tariana Turia says she will step down sometime during the next term of government, while Pita Sharples says he will see out the term but will not stand in 2014.
She was going to stand down before this term and given her age and family commitments that would have been understandable.
She is clear this will be her last election and she might be meaning to retire close enough to the next election to not trigger a by-election.
If however, she intends to retire earlier she will be putting the taxpayers to the unnecessary expense of a by-election.
Retiring early because of something unforeseen is understandable. Standing when you don’t intend to complete the term is not so much of a problem with a list MP because the next person on the list succeeds them without having to go back to voters.
But standing in a seat when you have no intention of completing the three year commitment you ought to be giving voters is a mistake, and given the cost of a by-election, an expensive one.
Party President Pem Bird’s announcement of the list is here.
If I wasn’t a political tragic I probably wouldn’t have watched Friday’s party political broadcast; had I started I wouldn’t have sat through them all.
Last night I was in the car when the wee party broadcasts started. Andrew Geddis managed to sit through the politics on the radio without pictures on Friday, I listened to a few minutes of Act’s last night and gave up.
Others might have a higher tolerance for such things but if the viewer numbers for Friday’s is any indication it’s unlikely that is was very many.
So why carry on with them when there are so many more effective, and less expensive, ways of communicating with voters?
I second Whaleoil who says:
This is a complete waste of taxpayers money. These ads are all funded and paid for out of the parliamentary services rort that rewards incumbency. Effectively it is a state funded subsidy to media channels in election year to the tune of millions.
The videos are available on youTube for those who want to watch them and if parties want to broadcast on television let them pay for it with their own money.
That reminds me of the child who’s too scared to look under the bed in case there’s a monster there.
1137 Battle of Rignano between Ranulf of Apulia and Roger II of Sicily.
1270 The Eighth Crusade and siege of Tunis ended by an agreement between Charles I of Sicily and the sultan of Tunis.
1340 Battle of Rio Salado.
1470 Henry VI returned to the English throne after Earl of Warwick defeated the Yorkists in battle.
1485 King Henry VII was crowned.
1501 Ballet of Chestnuts – a banquet held by Cesare Borgia in the Papal Palace with fifty prostitutes or courtesans in attendance for the entertainment of the guests.
1735 John Adams, second President of the United States, was born (d. 1826).
1751 Richard Sheridan, Irish playwright, was born(d. 1816).
1831 Escaped slave Nat Turner was captured and arrested for leading the bloodiest slave rebellion in United States history.
1863 Danish Prince Wilhelm arrived in Athens to assume his throne as George I, King of the Hellenes.
1864 Second war of Schleswig ended. Denmark renounced all claim to Schleswig, Holstein and Lauenburg, which come under Prussian and Austrian administration.
1865 The Native Land Court was created.
1894 Domenico Melegatti obtained a patent for a procedure to be applied in producing pandoro industrially.
1896 Kostas Karyotakis, Greek poet, was born (d. 1928).
1905 Czar Nicholas II of Russia granted Russia’s first constitution, creating a legislative assembly.
1918 A petition with more than 240,000 signatures was presented to Parliament, demanding an end to the manufacture and sale of alcohol in New Zealand.
1918 The Ottoman Empire signed an armistice with the Allies, ending the First World War in the Middle East.
1920 The Communist Party of Australia was founded in Sydney.
1922 Benito Mussolini was made Prime Minister of Italy.
1929 The Stuttgart Cable Car was constructed.
1941 World War II: Franklin Delano Roosevelt approved U.S. $1 billion in Lend-Lease aid to the Allied nations.
1941 – 1,500 Jews from Pidhaytsi (in western Ukraine) were sent by Nazis to Belzec extermination camp.
1945 Jackie Robinson of the Kansas City Monarchs signed a contract for the Brooklyn Dodgers to break the baseball colour barrier.
1945 Henry Winkler, American actor, was born.
1947 The General Agreement on Tariffs and Trade (GATT), which was the foundation of the World Trade Organisation (WTO), is founded.
1950 Pope Pius XII witnessed “The Miracle of the Sun” while at the Vatican.
1953 Cold War: U.S. President Dwight D. Eisenhower formally approved the top secret document National Security Council Paper No. 162/2, which stated that the United States’ arsenal of nuclear weapons must be maintained and expanded to counter the communist threat.
1960 Diego Maradona, Argentine footballer, was born.
1960 Michael Woodruff performed the first successful kidney transplant in the United Kingdom at the Edinburgh Royal Infirmary.
1961 The Soviet Union detonated the hydrogen bomb Tsar Bomba over Novaya Zemlya; at 58 megatons of yield, it is still the largest explosive device ever detonated, nuclear or otherwise.
1961 – Because of “violations of Lenin’s precepts”, it was decreed that Joseph Stalin‘s body be removed from its place of honour inside Lenin’s tomb and buried near the Kremlin wall with a plain granite marker instead.
1970 In Vietnam, the worst monsoon to hit the area in six years causes large flooded, kills 293, leaves 200,000 homeless and virtually halts the Vietnam War.
1972 A collision between two commuter trains in Chicago, Illinois killed 45 and injured 332.
1973 The Bosporus Bridge in Istanbul, Turkey was completed, connecting the continents of Europe and Asia over the Bosporus for the first time.
1974 The Rumble in the Jungle boxing match between Muhammad Ali and George Foreman took place in Kinshasa, Zaire.
1975 Prince Juan Carlos became Spain’s acting head of state, taking over for the country’s ailing dictator, Gen. Francisco Franco.
1980 El Salvador and Honduras signed a peace treaty to put the border dispute fought over in 1969′s Football War before the International Court of Justice.
1983 The first democratic elections in Argentina after seven years of military rule.
1985 Space Shuttle Challenger lifted off for mission STS-61-A, its final successful mission.
1987 In Japan, NEC released the first 16-bit home entertainment system, the TurboGrafx-16, known as PC Engine.
1991 The Madrid Conference for Middle East peace talks opened.
1993 Greysteel massacre: The Ulster Freedom Fighters, a loyalist terrorist group, open fire on a crowded bar in Greysteel. Eight civilians were killed and thirteen wounded.
1995 Quebec sovereignists narrowly lost a referendum for a mandate to negotiate independence from Canada (vote is 50.6% to 49.4%).
2000 The last Multics machine was shut down.
2002 British Digital terrestrial television (DTT) Service Freeview begins transmitting in parts of the United Kingdom.
2005 The rebuilt Dresden Frauenkirche (destroyed in the firebombing of Dresden during World War II) was reconsecrated after a thirteen-year rebuilding project.
Sourced from NZ History Online & WIkipedia
Thanatopsis – meditation or reflection on, or contemplation of death.
0/10 – all guesses and all wrong for the Herald’s entertainment quiz.
I consider that a good reflection on my priorities - spoiled somewhat by continuing to waste my time on the quiz.
When sheep prices were in the doldrums most of the fingers were pointed at the meat industry.
But meat is only part of the value of sheep and lambs. Until the last couple of seasons it wasn’t just meat prices but returns for by-products like wool, pelts, lanolin which were also low.
In the last couple of years returns from sheep and lambs has been much better, partly because of the increased demand and consequently price of meat but also because of higher demand and prices for the by-products.
Among those is lanolin, the price of which has doubled as sheep numbers have dropped.
New Zealand Wool Services International (WSI) – one of the country’s two scour operators – says prices for that product have almost doubled
in the past two years.
WSI chairman Derek Kirke says like wool, the price surge has been driven by a world supply shortage, due to the drop in sheep numbers.
Tailing hasn’t finished yet but early indications are this year’s lamb tally will be well up on last season’s which was hit by big losses after the September snow.
Not all of those will be sold this season, if feed supply allows it, farmers will hold some stock back to rebuild flocks.
Demand is still expected to remain high although there will be a ceiling to the price.
Lamb is already out of reach of the budget conscious and there will consumer resistance from those with more disposable income if the price gets too much higher.
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In announcing the death of Roger Kerr, Business Round table chief executive, the New Zealand Herald quotes Sir Douglas Myers who calls him a national treasure.
I didn’t have the pleasure of meeting him but have long admired him through his writing.
He explained his views simply and backed up opinions with fact.
He made huge contributions to business and public policy.
His death is a loss to New Zealand.
It is an even greater loss to his family and friends to whom I offer my sympathy and this:
Turn Again To Life
If I should die and leave you here awhile,
Be not like others sore undone who keep
Long vigil by the silent dust and weep.
For my sake, turn again to life and smile,
Renewing they heart and trembling hand to
That which will comfort other souls than
Complete these dear unfinished tasks of
And I perchance may therein comfort you.
Mary Lee Hall.
His wife, Catherine Isaac, will be carrying on his work should she get into parliament.
UPDATE: TV3 has republished a transcript of his last interview on The Nation.