Media watch – Thursday

25 October 2018


Media Watch is a focus on New Zealand media, blogs and social media. You can post any items of interested related to media.

A primary aim here is to hold media to account in the political arena. A credible and questioning media is an essential part of a healthy democracy.

A general guideline – post opinion on or excerpts from and links to blog posts or comments of interest, whether they are praise, criticism, pointing out issues or sharing useful information.

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  1. There was some good media coverage of the Jami-Lee Ross attacks and meltdown, and also some poor coverage. The poor coverage tended to personalise it to Jami-Lee Ross, saying he is just an awful person. The better coverage analysed the bigger issues at play, in particular the ongoing influence of Dirty Politics exponents Simon Lusk and Cameron Slater on Ross, and the influence more widely of this kind of attack politics in the National Party. But the thing missing from almost all coverage was the question of motives: why was this happening and who stood to gain?

    The book Dirty Politics is not about awful people; it is about a negative and destructive style of attack politics that has infected New Zealand from US politics. This is the idea that success in politics is achieved by attacking, smearing and mocking your opponents (“dirty” because the attacks are often untruthful, unscrupulous and covert). It is too easy for attack politics to take over – to start to seem like the only way to do politics – distracting attention and stealing time from real issues and problems facing the country. Thus the book’s sub-title: “How attack politics is poisoning New Zealand’s political environment.”

  2. Griff.

     /  25th October 2018

    It’s put up or shut up time for Musk with the earnings release, the timing of which was announced Monday night with less than two days of notice.

    He expects a net profit under national accounting standards, but Wall Street doesn’t believe him.

    Of 15 analysts polled by data provider FactSet, none expects the company to make the net profit.

    As a group, they expect a loss of US$173.8 million ($265.3m), or 95 cents per share.

    “We’d be really very surprised if they posted a profit for the third quarter,” said Garrett Nelson, an analyst for CFRA Research.
    “This is a company that lost over US$3 per share each of the last two quarters. To go from that to all-of-the-sudden profitable would take a dramatic improvement.”

    Not one of these 15 analysts is worth a Turd.
    Tesla (TSLA) releases Q3 results: record $6.8 billion revenue and turns $312 million profit

    • High Flying Duck

       /  25th October 2018

      There seems to be some…skepticism over this announcement:

      “Hmmmm, let’s see; Tesla’s Chief Accountant quits, and Tesla’s Vice-President of World Finance quits, and Tesla’s Treasurer and Vice President of Finance quits, all within a month or two, of this “miraculous” Elon Musk announcement that the company has made a profit.”

      But he can have the benefit of the doubt for now.


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