Open Forum – Tuesday

16 October 2018

Forum

This post is open to anyone to comment on any topic that isn’t spam, illegal or offensive. All Your NZ posts are open but this one is for you to raise topics that interest you. 

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43 Comments

  1. Corky

     /  October 16, 2018

    Poor old Mikey is trying to explain to Jacinda why petrol prices differ up and down the country. And why her choice will come down to either doing nothing or regulating the industry.
    Jacinda is having trouble getting her head around that.

    To the promised land, comrade.

    • Blazer

       /  October 16, 2018

      all part of the magic show ‘pendulum’

      ‘Much of the world has been in recession since 2008. Demand for oil has continued to grow but more slowly than supply and well below investor expectations. By late 2014, global oil supplies of about 93 million barrels a day exceeded demand by about one million barrels, or a bit more than one percent. Inventories of unsold oil were meanwhile growing rapidly.

      To traders the oversupply and growth in inventories signaled a clear trend toward lower future prices. Their apprehensions about an expanding oversupply of oil conspired to bring about a price collapse comparable to that in earlier speculative cycles.

      Saudi Arabia is used to being blamed when prices seem too high. Now it’s being blamed for prices being too low. But the Kingdom had nothing to do with either the increase in supply or the recession-induced decrease in demand for oil. Nor did it bring about the collapse in prices. But its position as the world’s swing supplier gives it uncommon influence on expectations. And, as Riyadh saw it, the rapidly falling prices for oil confronted it with some stark choices.

      The Kingdom could lead OPEC in trying to reverse some or all of the drop in prices by curbing production to reduce supply. But shoring up prices would enable other producers to continue investing profitably in expanded production from shale and oil sands, as well as deep-sea drilling. It would therefore allow higher-cost producers to continue to gain long-term market share at Saudi Arabia and other OPEC members’ expense. If OPEC members cut production, prices might rise somewhat but they would likely stabilize at levels that would still result in less revenue for the Kingdom and also slow, if not end, savings needed to fund the transition to an eventual post-petroleum Saudi economy. More damaging still, loss of future market share would cut the Kingdom’s future revenue from oil as well as its global clout. Adding insult to injury, the main beneficiaries of an OPEC production cut and consequent stabilization of oil prices would be the Iranian and Russian governments and American and Chinese consumers, not Saudi Arabia or other Arab oil producers.’

      now wheres my ‘pain dial’ to keep people ..anxious.

  2. Corky

     /  October 16, 2018

    The West is entering its last days of Rome phase. How else can you explain this utter bullshit?

    https://www.dailymail.co.uk/news/article-6270855/BBC-issues-badges-staff-promote-LGBT-issues-bid-tackle-heteronormative-culture.html

    What the hell is ”heteronormative-culture?”

    • NOEL

       /  October 16, 2018

      Aw at least they are out in the open.
      Did you know there are tick boxes for the different genders in the public service that allow the applicant to go straight to an interview. No male gender box though.

      • Corky

         /  October 16, 2018

        No, I didn’t know that. ”At least they are out in the open.”‘ What has that to do with this idiocy? Are you a Green Party member?

      • Corky

         /  October 16, 2018

        While I’m at it. Could you explain this:

        ”heteronormative-culture?”

    • Kitty Catkin

       /  October 16, 2018

      It’s what it sounds like, of course.

  3. Blazer

     /  October 16, 2018

    not so Shipley shape….and…

    ‘In December 2008 Richina Pacific held an acrimonious meeting in Auckland to approve its delisting from the NZX. The company, which was chaired by Dame Jenny Shipley, had moved its registration to Bermuda in 2003. This meant that it was no longer subject to our Companies Act but still had to meet NZX Listing Rules requirements.

    The delisting motion was passed, mainly through the support of overseas investors, despite strong opposition by New Zealand retail investors.

    As part of the deal shareholders were told they would be offered 45.47c a share if they wanted to get out but this was never fully exercised because the company couldn’t raise the necessary funds.

    The NZX delisting and Bermuda registration means that:

    • Richina Pacific is no longer required to have independent directors.

    • Related party transactions do not have to be approved by independent directors or shareholders.

    • The company is no longer required to hold its annual meeting in New Zealand.

    • Shareholders may not “divulge or communicate to any person any confidential information concerning the business, accounts, or contractual arrangements or other dealings, transactions or affairs of the company which may come to their knowledge without the prior written consent of the company”.

    The company needn’t worry about the last requirement because this columnist retained 1026 Richina Pacific shares to observe how this NZX delisting process works but hasn’t received any annual report or information on director changes, if any, over the past six years.

    I listened in to the company’s 2012 annual meeting which was held by teleconference only. The reception was almost totally inaudible because the company was registered in Bermuda, its head office seemed to be in Malaysia, its main operations in China, its chairman dialled in from New York and the other directors phoned in from various parts of the world’.

    yet…https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12142670

    believe it….or…NOT!!

    • Gezza

       /  October 16, 2018

      I believe it ! >:D

    • PartisanZ

       /  October 16, 2018

      They’re probably preparing to get into the massive global cannabis market …?

      This kinda thing has a long and dishonourable tradition in “drug” dealing …

  4. sorethumb

     /  October 16, 2018

    Americans Strongly Dislike PC Culture
    Youth isn’t a good proxy for support of political correctness, and race isn’t either.

    According to the report, 25 percent of Americans are traditional or devoted conservatives, and their views are far outside the American mainstream. Some 8 percent of Americans are progressive activists, and their views are even less typical. By contrast, the two-thirds of Americans who don’t belong to either extreme constitute an “exhausted majority.” Their members “share a sense of fatigue with our polarized national conversation, a willingness to be flexible in their political viewpoints, and a lack of voice in the national conversation.”

    https://www.citylab.com/perspective/2018/10/americans-strongly-dislike-pc-culture/572641/

    • PartisanZ

       /  October 16, 2018

      How utterly extraordinary that you could take from this statement, ” … the two-thirds of Americans who don’t belong to either extreme … share a sense of fatigue with our polarized national conversation, a willingness to be flexible in their political viewpoints, and a lack of voice in the national conversation” that “Americans strongly dislike PC culture” …

      A + B = Z … where A = this statement, B = your preconceived, blind-biased notion … and Z = a virtually unrelated conclusion …

  5. sorethumb

     /  October 16, 2018

    My daughter is Maori and was also one of the many that was being bullied by this “victim”. MAGs kids come from many backgrounds so I’m sorry your comments were low and misplaced.

    • Corky

       /  October 16, 2018

      Get a life, Julie. You know as well as I do this women, although European, handed out Maori justice. Happens all the time. The judge made the right call. It’s not like this women will offend again. Where as someone coming from a poorer community will probably already have a rap sheet. Geez, talk about a plastic tiki in lala land.

      • Corky

         /  October 16, 2018

        Correction: Joanne.

        • Kitty Catkin

           /  October 16, 2018

          There is only one WOMAN involved, not WOMEN.

          • sorethumb

             /  October 16, 2018

            He probably didn’t check it. I have trouble stringing sentences (; or ( ) or new sentence).

            • Kitty Catkin

               /  October 16, 2018

              No, he always spells woman (s) as women (pl) and probably pronounces them the same way 😦

    • NOEL

       /  October 16, 2018

      Soooo yah child is bullied and the option is you be a bully?

      • Corky

         /  October 16, 2018

        Soooo yah child is bullied for two years. No one gives a stuff. The school doesn’t want to know. Soooo..your only option is to take matters into your own hands and protect your child from abuse. Seems reasonable to me given our focus on stopping child abuse in Aotearoa.

        You haven’t disclosed if you are a Greenie, Noel.

  6. Corky

     /  October 16, 2018

    Given the shenanigans happening in National and an explosion of trolls on blog sites, it may be an opportune time to understand differences between narcissists, sociopaths and psychopaths. 😃

    Basically, sociopaths are created by life circumstances. They do have some rudimentary empathy but it’s easily overridden.Psychopaths are born with their condition. They cannot be cured.

    Grammar trolls fall under the heading of sociopath. Ordinary trolls are usually narcissists and very ego driven.

    • PDB

       /  October 16, 2018

      Actually you’ve reminded me Corky – has Griff been about lately?

      • Corky

         /  October 16, 2018

        Haven’t seen him. Usually if I post something that threatens his world view he comes running like a cur to a whiff of meat. My diagnosis given his penchant for big noting with pasted scientific text would be narcissist.

        • Blazer

           /  October 16, 2018

          yes he always made short work of you and any tag partners you tapped!

          • Corky

             /  October 16, 2018

            Two things: I didn’t have any tag partners. I was on my own. I don’t expect
            most people to have a working knowledge of some things I post. Nor are they interested.

            Second. I wasted him most times without having to resort to c&p. And I used my own words. He has no interest in what I posted except to troll in my opinion.

            • Blazer

               /  October 16, 2018

              ‘I don’t expect
              most people to have a working knowledge of some things I post. Nor are they interested.’

              why bother..then.

            • Corky

               /  October 16, 2018

              Just for my own satisfaction. Do you see me saying ‘why bother” to other commentators on different threads; threads I never participate in?

              Each to their own, Blazer.

    • phantom snowflake

       /  October 16, 2018

      Corky; given that you usually demonstrate zero empathy on this site, I’m curious as to where you would place yourself in terms of Narcissism and Sociopathy/Psychopathy. (I acknowledge that you may be playing a role here, and may in fact be warm-blooded and human in the ‘real world.’)

      • Corky

         /  October 16, 2018

        I don’t agree with the zero empathy bit. I have much empathy for crime victims. However, it’s true I have little empathy for some people and issues.

        How many people do you think regularly participate on blogs across New Zealand? My guess is it would be under 500, if that.

        So what are the other 5 million plus people doing? They actually are living in the real world. You may say what about social media. That, in my opinion, is different. Social media posts are very different to blog posts. They are on the whole shallow and devoid of substance. Of course I’m not saying blog post can’t be shallow, but on the whole bloggers are ready to go to war with those who disagree with them, or who raise their ire.

        It is my opinion that most bloggers are narcissists with big and small egos that they defend at all costs.

        • Kitty Catkin

           /  October 16, 2018

          Please, everyone, take note that I have managed NOT TO SAY IT !!!

          • Kitty Catkin

             /  October 16, 2018

            Quite apart from the fact that we all probably know about narcissism, psychopathy and sociopathy (very stale news to most people and readily available as it’s frequently discussed), the number of blogs in NZ alone far exceeds 500, so the 500 bloggers must be very busy.

  7. lurcher1948

     /  October 16, 2018

    If you wonder how the chinese get all our artesian water, they give National K100++++++++++++++++++++++++++++ donations into $15K blocks PUT A LOT OF PAST NATIONAL MPS ON THEIR BOARDS and thats how you sent our water to china for nothing, right simon bridges

    • Kitty Catkin

       /  October 16, 2018

      Calling him a beast is giving him an undeserved compliment.
      I can’t understand him having a house; put the bugger in solitary for the rest of his life. He has forfeited his rights to any sort of freedom.

  8. Zedd

     /  October 16, 2018

    interesting watching the Natl MPs talking about ‘equal pay’ bill before the parliament; ‘Natl has a new found support for working people.. rather than ignore them & trample them under’ as they do ‘in power’ :/

    • Kitty Catkin

       /  October 16, 2018

      They don’t do that and never have, that’s a silly thing to say.

      • Zedd

         /  October 16, 2018

        they also constantly denied a housing crisis ? Y/N

        • Kitty Catkin

           /  October 16, 2018

          No. That was a distortion of what was actually said and it somehow passed into received wisdom.