Friday, January 08, 2010

Minto v Millie

Minto and one other protester were using loud hailers while an elderly woman had a microphone and speaker.

After police had given three warnings they stepped in to arrest Minto and two other protesters and also confiscated their loud hailers.


Here is a question for Friday.

Who has been arrested more times - John Minto or Millie Holmes?

http://static.stuff.co.nz/1194174000/621/84621.jpghttp://img2.scoop.co.nz/stories/images/0803/1a833c21a98393a5acb8.jpeg

Answers/estimates in the comments please.....

While you are thinking about the silliness of Minto, have a read of his Fairfax "business" column. Not the actual column but the comments.

I ask has there EVER been an online contributor given a more fabulous comment whipping than Minto has here?

Competitors to Stuff's site must wet themselves that one of their leading headliners in Business Day is a professional protester who has never had anything constructive to do with business in his entire life.

Little wonder more people now read blogs than their feeder organ The Independent.

Car Porn Corner - Swoon....

http://images.smh.com.au/2009/12/22/994096/Audi-R8-Spyder_600-600x400.jpg

2010 Audi R8 Spyder

Not necessarily for the vehicle, but the colour with the vehicle.

G for gorgeous.

Wednesday, January 06, 2010

How Much Rooting Is Too Much?

12,775 partners

http://www.warren-beatty.com/warren.jpg "Well little Beatty needs to be much larger than this!"

That would definitely qualify!

So insatiable was Mr Beatty's sexual appetite, claims the book, that after losing his virginity at the age of 20, he has, on average, managed 246 sexual partners a year - a figure that seems all the more remarkable when you consider that he's been married, we must presume faithfully, since 1992.

Beatty, still married, of course has denied it as most women would agree that the thought that they have been somewhere non-retail where 12,774 other women have, disgusts them.

If you think Beatty above is a gross old man when he's married to the very lovely Annette Bening, let me show you what he used to look like so you can see how the man could run up such a number.

http://www.limitemagazine.com/wp-content/uploads/2009/07/warren-beatty.jpg

Even if Beatty's had a tenth of the numbers estimated, it is still a hell of a lot.

So how many sexual partners is too many?

The God botherers say 2 is too much naturally. But lets say if before two people shared sexual relations they were forced to truthfully disclose how many partners they had enjoyed in their life. Would this give us a better "ick" factor test?

In the interests of disclosure for the inevitable scathing wanker in the comments section, I've done a detailed tally of my count and it is only at 15 or .117% of the alleged number of partners Beatty has had. That's on average one a year with 6 of those being while at University. With four of those 15 during my time in the Caribbean where the sunlight and substances makes anyone insane in the pantie removing department. And before he blogs on the subject, six of the 15 men know David Farrar hence why I am very nice to David. He is above all (and remember this girls) a very good referral source and dating agency as he knows a huge amount of centre-right wing thinking men ;). Being exceptionally nice to him assists in keeping his gob shut.

As I have been single the vast majority of that time, the reason the count is not higher is the difference between men and women I guess. I just can't be bothered. That is, I would rather repeat with one of the 15 I know and actually liked than find new ones. Apathy kicks in at some level. I'd much rather stay another hour at a bar and drink another bottle of champagne.

So how can a man get to 1,200 or even 12,000? It really is quite mind boggling.

Regardless of how liberal your mind is, given the choice between a man who is charming and handsome and has rooted 12,000 women and a man who is slightly less charming and handsome and has rooted 12, I'm going with 12. The 12,000 just has a massive ick factor.

And we all know from the feminist perspective if a woman was alleged to have run up these numbers the "slut" word would have come out instantly.

Today the Raw Fish posted in defence of primal African rooted men and their ability to collect multiple wives. Quite why a man would want one wife let alone five or six is a mystery. The Tiger Woods way is more to eat, shoot and leave. He didn't want one nice looking Swedish model wife, let alone 10 (or whatever number he is up to now). Raw Fish quotes:

However we don't think that women are naturally collectors of men. We tend to like 'em one at a time in an orderly fashion with the odd overlap...

There is no way that Raw Fish has had less than the one partner a year on average I have as she's by far a ruder, less discriminatory vixen than myself when it comes to men. Her description of myself as the "Hong Kong Harridan" is therefore utterly undeserved and erroneous. I'm picking in her youth she bonked an entire number of 15 I have in my life, in one year at journalism school, being the horny shocking ruthless rooters that most journos are.

In terms of what is enough? I think if you are too ashamed to tell your partner how many other partners you have had, then it is too much. And as granted in the exercise here, I could actually remember the names of each of them to write on a piece of paper.

Which I think is important and respectful. Being able to name and remember each one.

Beatty either has an amazing mind with incredible powers of recollection or he's just a dirty slutty rooting man-ho.

Feel free to leave your comments now as to how much rooting is too much.

Strategic Blame Game

It's the borrowers fault!

http://www.mckimconsulting.com/images/strategic_planning.jpg

Andrea Deuchrass drew the short straw and seems to be on-call at NBR over the holidays. Due to subscriber paywall you won't be able to read this article but as we are yet to be officially told that the six month subscription will be extended a month because the NBR 24/7 is on bloody holiday for a month - I thought it prudent to cut and paste anyway.

Strategic Finance is pointing the finger at misbehaving borrowers employing underhand tactics to avoid repaying loans to the troubled finance company.

“We’re having to go through all sorts of drama,” he said.

“There is a lot of misbehaviour going on by parties that are not fulfilling their obligations back to the company.”

Strategic’s 15,000 investors, owed a collective $325 million, were warned in December it would not be plain sailing and they might not get their first repayment - due by January 7.

I have commented that such silliness is equivalent to Telecom blaming people for not using their phones enough, the Warehouse blaming customers for underspending or McDonalds blaming healthy lifestyles.

It doesn't take much to work out that directors and the company itself is responsible for risk assessments and spreading that risk. If a bank collapses it can't solely blame those who didn't repay the loans then the loans should never have been written in the first place.

...................There will be more to come on this for sure.


Tuesday, January 05, 2010

Whaleoil in Court

Today was Whaleoil's first appearance in court over name suppression charges. I shall carefully compile my thoughts given I am a member of a little club that promotes obeying laws and all.....

http://photos-e.ak.fbcdn.net/photos-ak-snc1/v2103/225/44/539986812/n539986812_1795869_6241.jpg

The most ironic of all situations was that Whaleoil appeared within an hour of the "comedian" charged with kiddie fiddling. Whaleoil hasn't attempted to out that man and I have discussed this at length with him. We agree that this is a situation where a child or victim in general should be protected and the suppression is granted automatically. Name suppression should be for the victim's sake, not the alleged crim.

But was it irony? Or a carefully staged episode by the Police?

The Police are generally against name suppression. Lower incomed and class groups are also against it as primarily name suppression is used in society with a "reputation" to protect. If you are a gang member, brown or suitably unimportant, name suppression is unlikely to be sought or granted. In that sense, it is with more irony that it is a centre-right blogger in Whaleoil standing up against it. After all, members of the centre-right are actually more likely to be beneficiaries of name suppression.

The legal profession (and with it Judges) fall into two camps. The "establishment" camp - whereby more often than not, snooty lawyers who think they are Noo Zooland aristocracy and will defend name suppression to the hilt. More often than not simply because they are applying for it for their secret handshake mates they share lives and quite often wives with.

Then there is the rest of the legal fraternity. We believe that name suppression should only really apply when it protects innocent victims of crime, not the alleged or actual criminal. And in cases where naming the defendant would be highly prejudicial to the case (pre-trial).

This includes in my view, situations where there will be a huge delay in the case reaching the courts. New Zealand's courts are ridiculously slow and you often have a situation where a person is charged, there is a massive rush of publicity then nothing until the accused has a chance to present their side of the story. In that intervening period their business could combust, their relationships disintegrate, they are socially shunned and the public calls them guilty before the actual trial because they cannot present their side of the story. In short, a slow judicial system actually gives weight to more cases of name suppression and needs to be examined alongside any changes in law in the suppression area.

So you have the Police and regular users of the criminal system (the lower classes and incomes) against suppression on the grounds that both groups like to see either all offenders brought to justice publicly, or in the case of lower classes and incomed - that they are treated and shamed as equally as those in society above them on the ladder.

I am wondering whether the Police actually want to charge Whaleoil with this crime? There are several factors that Whaleoil will use in his defence that make me think that their heart is not really in it and other external forces are at play.

Whaleoil has still yet to even find out who made the initial complaint against him which seems blantantly unfair.

The case is important in New Zealand for the following reasons and will if it goes the distance be discussecd for years at Law School as legal precedent:

a) it will examine the role of the internet and technology in law. New Zealand law is relatively untested in this area and again there are several aspects in Whaleoil's defence that he can use to build an argument that I won't discuss here.

b) it will bring to a head many of the issue currently up for debate around name suppression.

c) it will give the impeccable and excellent lecturer Bill Hodge yet another excuse to suit up, show his incredibly messy office and front on television explaining the law in his very easy-speak to dummies.

So today the Police rather nicely staged the two sides of name suppression all on one day for the media. Whaleoil - the crusader and the comedian - the beneficiary of suppression.

The Prosecution themselves have added to what is termed in geek speak as The Streisand Effect.

The Streisand effect is an Internet phenomenon where an attempt to censor or remove a piece of information has the unintended consequence of causing the information to be publicized widely and to a greater extent than would have occurred if no censorship had been attempted.

The Prosecution caused a Streisand Effect which will be evident when Whaleoil releases his blog statistics showing hits on the original offending posts and hits when the Police charged him and this was released publicly.

So a situation that was PR damage wise controllable and contained to a blog and its readership which by virtue of Tumeke's blog rankings you can see the sort of unique hits that every blog receives. For example this blog is ranked #3 in the rankings behind Kiwiblog and The Stranded with 1,960 unique hits a day on average. The Stranded has 2,270 and then it is up to Kiwiblog at 8,000.

Whaleoil's case is now going to drag on for months, each time new blog readers will be alerted and the community will continue to talk about just who the entertainer and the Olympian actually are.

If I was the entertainer or the Olympian's legal counsel I would be furious. Not for Whaleoil's pictorial clues as to the identity, but the ongoing publicity that draws continual attention to the case of the entertainer and the Olympian.

Whaleoil's original pictorial posts about the entertainer and the Olympian were oblique. The entertainer was simple enough to understand. The Olympian was a lot harder.

The entertainer's crime was relatively minor and he is in an industry where the alleged act would have actually boosted his reputation and income so I don't understand why he would want name suppression in the first place. In America his actions would earn him millions and street cred.

The Olympian's alleged crimes are heinous as are his prior convictions which are numerous. In short the Olympian has no reputation at all to protect coming into the trial. The only concern I have with the Olympian post would be with the chance that it could get the bastard off on grounds of prejudice.

But in any case I challenge someone to take that post with the pictures, stop 100 random people and ask them what it means then come back and inform us how many people got it right.

As I advise anyone who comes to Whaleoil's attention, the best course of action is to be polite and either ignore what he has written or write to him in a manner which puts your side of the story and he will more often than not be reasonable enough to publish that. He has a short span of attention thanks to his depression and soon moves to a new target.

The worst course of action is to give Whaleoil opposition. He is mental. I mean this in a loving caring way to his friends, but to his foe he shows as much hatred as he does love for his friends. Whaleoil loves opposition, he loves conflict and more importantly will never back down.

Pinkos do not understand Whaleoil. They try to tar his friends with cries that we should control him and advise him not to do things. Well newsflash, we do and he doesn't bloody listen. His actions are consistent with a mix of depression, medication and frontal lobe disfunction. There is no point in reasoning with him for after his depression and the medication he is on, there is limited reasoning. So what are we meant to do? Abandon him? That's what a Pinko would do.

So we will all continue to support Whaleoil.

Which means standing up to blow-hards like this:

"I'm not impressed by this and I think there are a lot of bloggers who feel the same way, that this is actually attention seeking and it's not actually that productive," says blogger David Slack.

David Slack. So against attention seeking behaviour that he agrees to appear on national television to an audience of millions to make his point of accusing another bloke of attention seeking. Glasshouses...stones. Uncle Peter has given you a far better slapping here.

So if you’re “not impressed by this” or just think “this is actually attention seeking and it's not actually that productive,” then may I suggest you think things through more thoroughly. And harden up.

And then there is Maia at The Hand Mirror who thinks she has the upper moral ground because she is a woman. Nice try Maia but what you did was no different to what Whaleoil did and for the same reasons.

I thought good on you at the time, as I do to Whaleoil here.

The law is stupid and the law will not change unless there are Maia's and Whaleoil's out there prepared to stand up and show just how stupid it is. By virtue of my admittance to the club endorsing stupidity, I cannot. But it doesn't mean I am not cheering for you.

But for heaven's sake buddy stick a suit jacket over that bloody shirt next time you appear and put those sunnies in your pocket!


UPDATE: Here is the Streisand Effect

http://whaleoil.gotcha.co.nz/files/2010/01/Whale-Oil-Beef-Hooked-Gotcha-Streisand-Effect.png

Sunday, January 03, 2010

Deck Chair Rumble




I've been away for 10 days doing the most sublime thing a human being can do.

Absolutely nothing.

Despite the bad press that welfare beneficiaries give it, the whole art of doing nothing is actually extremely complex.

First it helps to do absolutely nothing with others. For that we had a solid team of five willing participants. It helps to each have a villa with a private pool per villa in order to do nothing with. Next up it is crucial to bring your own duty free supply in a country insistent on taxing the proverbial shit out of doing absolutely nothing.

The art of doing absolutely nothing involves getting up at the crack of dawn every morning and is not for the faint hearted.

First at a resort the breakfast doubles as lunch in its veracity but what the untrained eye like Pork Chop would fail to recognise is that the food is secondary. The most important feature of getting to the buffet means you have fair crack amongst punters for the most important item in doing absolutely nothing - the deck chair.



The more exclusive the resort the keener the demand will be as these are people used to a competitive market. Faster, smarter, stronger. The richer the person the less likely they want to share a chair or the prime position of the chair.

The deck chair can never be overrated. For even at a resort with separate villas each with their own pool perfect for rolling two circumferences out of bed naked into and subsequent pre-bedtime splashes, doing nothing requires the ability to perve at others doing absolutely nothing.



So around a massive beachfront pool at the beautiful resort overlooking a beautiful scenic beach that is absolutely and utterly useless for swimming in as described a "polluted warm milky bath", the deckchair is a status symbol. It means you are a type A personality. You have won a battle against the strongest of the strongest. It says:

"Fuck you despite many hours last night of doing absolutely nothing, we were hard enough to get here first".

At the resort the best position was front row to the beach. Not only did you enjoy the cooling breeze, you also were in the unique position of lying backwards and not looking like as the front rowers to the pool did - a dirty pervert.

One day I even had the temerity to secure the Crown Prince of seats - the swinging double day bed. Never has there been a finer seat to share with a friends 7 year old and his Nintendo dreaming that the hunk in eyeshot in the speedos burning in the sun would come over and replace the 7 yo at an appropriate mid-afternoon time.

As a K1W1 (Kiwi) I have a strong sense of fairness for the deckchair. There is a certain etiquette that we devised on this holiday primarily to combat appalling behaviour from fellow travellers:

1: If away for more than 30 minutes (ie. The time it takes for a toilet stop/cooling dip/to secure alcoholic supply/small mid-day cleansing shag back in room) then the chair is available for public distribution. One suggested a timing mechanism activated by weight so the timer starts when you remove yourself from it.

2: A cheap magazine placed mid-range on the chair while you have breakfast cannot secure supply. Such an attempt deserves derision. Magazine should be flung into the ocean, or if gossip magazine promptly read and buried as far as possible in the sand. This rule of course doesn't apply to The Spectator or Metro Magazine scratch edition which was imported from NZ especially for the occasion.

3: Unless physically or mentally handicapped, under no circumstances can a child or baby be allocated a deckchair. Children spend 58 minutes out of an hour in the pool or chasing other children. Added to that they are children staying on their fathers room rate. They don't deserve a bloody chair, nor have they paid suitable compensation for such.

4. None of the rules above apply to Russian gangster types. Observe where they prefer to sit and stay the fuck away. It will be on outlying areas away from others in places that wire taps and satellite ears cannot detect.

Sadly in order the worst races are as follows:

Germans - WW style invasion without the back-up. Typically the stickability of cost accountants. Boring bastards who bring Blackberry/i-phone to beach while wife works on tan in sun 20m away wishing the kids would just fuck off and leave her to it. Males disappear to room late afternoon to work. Constant appliers of sunblock.

Chinese - complete with Filipina maid who by mid-pm has "accidentally" dived into the pool fully clothed with nappy wearing infants she is charged with looking after. Can't blame her really as its 40 friggin degrees poolside. Croc and Mickey mouse t-shirt wearers.

Italians - prissy fuckers. Unfortunately look the best in bikinis and speedos so worth it just for that. Women disappear during day at regular intervals for spa treatments leaving preening males to bask on the chairs usually with legs wide open. Delightful.

Dutch - rude, aggressive but ultimately utter pussys in the fight for the chairs.

Finns - too white to stay long in the sun. Gone by 2pm as genetically unsuited for sunlight past this hour.

French - cheese eating surrender monkeys. Lacking in deodorant which rears an ugly turn after 20 minutes of sweating in the sun. Don't sit near them.

Russians - leave well alone. No bullshit operators. Likely to shoot up your villa while absent. Robe and slipper wearers around entire resort. Never know if that's an AK47 up that robe or they are pleased to see the Italian women in costume.

Newly weds - easy. Come to beach for 20 minutes maximum, check out each others sparkly rings adjusting every minute. Then disappear for the day to root. Perfect guests in the deck chair rumble.

The English - not many at the resort. Standard position for them seemed to be around the pool shaded by trees applying SPF120 wearing fake football shirts later in the day purchased at the markets.

The K1W1's observed such rules strictly. Male K1W1 resorted to female K1W1 to secure supply. This was wise as a) females as you all know have selective hearing, b) females also can only be attacked by other females and c) moving this female is impossible once seated and drinks are ordered.

There were only two K1W1's at this resort (a sign of a superior resort if I ever had one for a travel review magazine). There was no "oh where are you from love? Do you know Brian Smith from Rangiora, good bloke?". The sort of patter of K1W1 diction that the poor bastards at Hilton Denarau are putting up with presently as they seethe waiting for Strategic Finance to piss on the moratorium.

We never spotted even a stray Australian or a relative of Busted Blondes the entire time.

This K1W1 has a special liking to nicknaming every foreigner with a special K1W1 term ie. Gilda (the well-dressed fake tanned, fake boobed stroppy lady with designer beachwear and heels especially for sand), Little Jimmy (their good looking but bratty son who received a lesson in soccer skills from myself so he never returned to the adults area), A Nigel, Sergei, Boris, Stellenbosch (the big strapping, good natured Yarpie with the wife whom he seemed to rub oil on at least 5 hours a day), we even found a Ricardo a Whaleoil and a Kiwiblog Penguin. Bless. Whaleoil sported curly hair and like the original spent hours playing with his children. Kiwiblog seemed more intent on burning his head than his fingers on a keyboard however.

Back to the chairs, the staff at the resort pretended to have a booking system for the chairs but a) the nation is so utterly corrupt that financial reward won't compensate, b) the staff were all the size of 8 year old New Zealand school children with unfortunately the IQ and c) the currency more crucial than anything appeared to be your propensity to run up massive bar bills. Blissfully even in such a competitive environment c) qualified me for no issues at all let alone my 4 travel companions, 7 yo inclusive.

Behind the Russian mobsters, our group excelled in doing absolutely nothing and running up commensurate bar bills in performing such crucial function. After 3 full days and approximately 27 orders, the staff still had difficulty performing their role of mixing a sufficient simple strawberry daiquiri despite circling of the menu of the order in its own foreign language. Their ineptitude knew no bounds.

So the deckchair rumble goes a little like this.

7am Wake up call. Think about going to gym. Remember you are on holiday and can do that when back at the four letter word starting with w (not "wife") and basking in a coma of misery. Holidays are happy times.

7.25am Naked dip in ones own villa pool.

7.58am Change into beachwear.

8.04am Commence breakfast. Fight with chef over undercooked eggs. First tipple of "sparkling wine" complimentary with buffet.

8.15am Repeat "sparkling wine".

8.22am One last "sparkling wine". Now fit to be around children as nerves calmed sufficiently to block their high pitched squeals.

8.30am Lie down on deckchair. Apply appropriate sunblock, insect repellent and repel all small children around over to the pool.

8.35am Check out all other competitors looking especially for speedos on well formed men.

9am Engage in reading material while offering to rub sunblock on back of every male in eyeshot. Slight snooze as 7am is a bloody early time to get up.

10am First drinks at bar.

10.15am Send first drinks back as insufficient ice in daiquiri. Swear and mutter that you don't drink cosmo-bloody-politans.

10.30am Consume.

10.35am Next order...

10.36am Stroll down promenade to check on suntans of other patrons

Repeat every half hour.

Midday - Forget you haven't eaten a thing since breakfast. Strawberry Daiquiris cover all main food groups in any instance. Repel pesky waiter who insists on bringing the docket to sign every bloody drink. Repeat after me midget "we are running a tab"!

1.30pm - Afternoon nap in deck chair after exhausting morning program.

3pm - Awaken from nap by children returning from Kids Club.

3.30pm Repel hawker pleading for patronage along beachfront as security guards asleep.

4pm Laugh at silly banker type foreigner and adult daughter in kayak stone cold sober and they were close to tipping out. Clap them when exiting water.

4.15pm Late afternoon snack. Wrong order, send back.

5pm Happy hour. K1W1 catches staff watering down wine. Manager insists it must have been a victim of being in an ice bucket and overflow. Confused looks as used to locals lying through their teeth.

6pm Retire to villa for rations of duty free champagne with friends while laughing at the extortionate taxed prices that literally made the place more expensive than Jimmys in Monaco.

7.30pm Dinner with ball kicking chillis. Avoid chillis as genetically unsuited for consumption.

11pm Go to bed and dream of all the exceptional sexual activity you could partake in had you not consumed so much from the hours of 8.04am to 10.30pm while out on the deck chair.

By day three you realise that all the back pain, foot pain, creaks and strains you carry all year are related to sitting all day in front of a computer and wearing uncomfortable shoes.

Quitting w*** contemplated until you receive the bill on check-out and quick reality shot that without the four letter word starting with "w", you could not afford to do absolutely nothing in such a fashion anymore.

Which is where I will be tomorrow. Back at w***.

Thursday, December 24, 2009

Whitening Christmas

Anyone who blogs over Christmas I have decided is a wee bit sad. So sorry Poneke - no answer yet and I'm sure you won't have time to read it now you are re-united with the Missus.

So after a visit to the dentist, 4 veneers and 6 filling replacements and a failed attempt at whitening (Jesus CHRIST how do people do that with sensitive teeth? I got through 1 tray of 3 before being close to bursting into tears) I plan on spending at least the next 48 hours in an alcoholic medicinal coma with friends.

Painkilling injections are over-rated when they start to wear off.

Even when I was up on the injection I still thought about just how bloody awful it is the Nats are celebrating Former Dear Leader with the Order of New Zealand as reported by Barnsley Bill on Gotcha.

One word - disgraceful. It's the sort of thing you expect the next Labour government to do...not the Tories. Kind of like poor surrender when you are winning. Wasn't the UN appointment enough?

Greg Johnson Gig - New Years


As advertised on Puntiki's Blog, Greg Johnson is singing in the New Year at The Windsor Castle. Better still, it is advertised as "New Years for grown-ups". Which will appeal to most sane adults over 25 years old that does not appreciate being surrounded by over-excited teenagers.

Of special interest, appearing is Mrs Puntiki, Taylor Cornell a singer/songwriter from Venice, California.

Happy to give a free plug to the event and wish Taylor all the best in return for the fabulous hospitality back earlier in the year when I had my wee "passport in LAX" issue and I gatecrashed her weekend.

Hope she enjoys herself and the New Zealand crowd give her a suitable welcome back.

Wednesday, December 23, 2009

Baby Steps For Plane Jane

Oh halleljuah and Merry Christmas
A victory for every business commentator this year listed here (in a post way back in May) who has brought up (much to the derision of the negative stone-throwing conspiracy conspiracy theorists) - the conflicts between NZX's regulatory and commercial functions. She's still got her head in the sand about what to do about it and denying that a current problem exists, yet Jane Diplock wont be making that decision Simon Power will be.

``This dual delegation remains of concern to the commission. While this delegation is in place, there remains a potential for conflict to exist,'' the report says.

During the period under review the chief executive, under the direction of a committee of the NZX board, exercised fully on occasion the delegation as head of supervision. The function was competently discharged, and no conflict was evident in the discharge of that function.

``However, the commission considers that the dual delegation is inadvisable. In the commission's view the issue which required the exercise of the delegation could have been resolved by the retaining of external counsel or an expert, who could have independently reported to the board, thereby retaining the separation of the commercial and regulatory functions.
Lets see if Simon Power has the cojones to actually make a clear split in the functions when Speedo gets back from his holiday downing tequillas.

Air NZ - The Cougar Grab a Seat



Hilarious ad for grab-a-seat. Love it and know a few with P addict parasites! Pisstaking of Marketing and Human Resource Consulting employees. Love it more. And SO true.

Thanks Mike E.

Question - has this ad made it past the censors and on to your screens yet?

Random Impertinent Questions

10. Are the NBR really crediting subscribers another month on their sub due to a pay-per-view month off? Or is that a rumour spread by DPF?
9. Sick of corporate emails saying "Merry Christmas" or similar when you've never met the person or can't remember them anyway?
8. Is it really worth working so hard so you can go away?
7. Haven't drank a drop since Friday night. Can I go til Thursday night without?
6. And how messy will Christmas Day be?
5. Will gorgeous puppy Zeus beat his Grandmother Busted Blonde to the leftovers?
4. Isn't it good to finally have a Prime Minister who can take the piss out of himself and his kids?
3. And close your eyes, doesn't he sound exactly like David Farrar?
2. Run out of steam for 2009 yet?
1. Everyone else seems to have except for Whaleoil.

Commerce Commission and Hanover

Today I had this email exchange with Allanah Kalafatelis from the Commerce Commission as a result of my post on Richard Long and Hanover. I have reprinted less her contact details for clarity as nothing is confrontational or controversial regarding. Allanah is clearly very good at her job, polite, and took less than a week to respond to the original post. She also dealt concisely with the points at issue and didn't tell porkies. Therefore a short career in the public sector is predicted.



From: xxxxxx@xxxx.govt.nz
To: cactus.kate@hotmail.com
Date: Tue, 22 Dec 2009 12:56:19 +1300
Subject: RE: re Commerce Commission's Hanover investigation

No, we will announce the outcome of an investigation if there is an enforcement action taken, but often close investigations without an announcement, either because there was no evidence of a breach, or in this case because it was quickly evident that it was more appropriate for the Securities Commission to investigate.


From: Cactus Kate [mailto:cactus.kate@hotmail.com]
Sent: Tuesday, 22 December 2009 12:27 p.m.
To: Allanah Kalafatelis
Subject: Re: re Commerce Commission's Hanover investigation

Many thanks, was this publicised anywhere? I did search but missed if it had..

Will update post later today.


From: Allanah Kalafatelis
Date: Tue, 22 Dec 2009 10:34:53 +1300
To: 'cactus.kate@hotmail.com'
Subject: re Commerce Commission's Hanover investigation

Hi Kate,
Noticed your comment re the Hanover investigation. The Commission did indeed launch an investigation. Having examined the matters raised during the investigation, and following legal advice, the Commission concluded that the matters were better dealt with under the Securities Act, and the issue was forwarded to the Securities Commission. The Commerce Commission's investigation was closed.
Regards,
Allanah Kalafatelis
Communications Manager
Commerce Commission
Level x, xx xxxxxxxxx , Wellington
Tel +64 4 xxx xxxx
Mob 02x xxx xxxx
Fax +64 4 xxx xxxx

This raises the issue of the Commerce Commission's own website whereby they announce often in a stream of publicity that they are coming after a company or person and then by their own admission do not post follow ups if the person or company is innocent, or in Hanover's case there is nothing on the website stating the Securities Commission was charged with looking into it. Insert "Hanover" into the search engine and you will see what I mean.

No surprises really given that the IRD and SFO have a handy habit of such behaviour, front paging investigations then making any loss or pass-off less public.

Monday, December 21, 2009

Strategic Triumph For The Hilton?

First it was Sex, Money and Fiji.

http://myfijiguide.com/media/149854/hilton3.gif

Now it's Undertakers, Shares and Resignations.

If ACT MP John Boscawen spent a little less time assisting in plotting coups over diet coke's with Sir Roger and more time looking over Strategic Finance, he might have unravelled this well before as reported in the NBR a ridiculously timed assault on Strategic's recent accounts, one hour into the Press Gallery Party.

I've spent a fair bit of time pondering this one as the set-up of KordaMentha Partner Grant Graham, (Senior Partner of KordaMentha being the Darkest of New Zealand Corporate Undertakers Michael Stiassny), Strategic Finance and the Hilton Hotel chain was too interesting to put down. Especially as Strategic Finance goes down the gurgler with every day closer to the first moratorium payment on 7th January 2010 making procedure and fairness in these matters all the more important.

A "receiver" can be colloquially described as a person that when a business turns tits up, is appointed to step in and is entrusted to keep running the business until a buyer is found. A receiver has a whole host of duties and responsibilities in this process as you can well imagine. These duties have been topical recently as explained in this article "How To Restrain the Pet Liquidator" by Rob Stock, also the subject of a recent Commerce Select Committee Inquiry.

So let me start with a company called Triumph Capital Limited described as a "privately owned advisory company". But in non-euphemistic terms let us call it "Strategic Finance-Lite". As explained in the article linked, in December 2008 they provided $8.598m financing with a further $55 million and in May 2009 it was announced the hotel is to be managed by the Hilton Hotels Corporation. The receiver in that December 2008 transaction? The wide-boys at KordaMentha.

Triumph Capital Change of Shareholding

Triumph as you can see has as its directors Brian Fitzgerald and Marcel Lindale. The shareholders are Emporio Trust Limited and Wakefield Investment Trust Limited. Emporio is owned by Mr Lindale, Wakefield has listed as a director Mr Fitzgerald and a corporate structure. Fitzgerald is also a director of Princes Wharf Hotel Limited that currently houses Hilton Auckland.

Mr Lindale also has ties back as an Executive Director of Strategic Finance. Mr Fitzgerald is listed as a Consultant to Strategic Finance.

Until 27th November 2009 they had a third director Graham Jackson, also an Executive Director of Strategic Finance.

At the same date a company called Vardon Investment Group Limited was a shareholder until its shares were split equally and transferred in equal tranches to the other two shareholders.

And this is where the structure gets interesting. The mysterious Vardon Investment Group. Vardon's directors are accountant Donald Gibson and the ubiquitous businessman Graham Jackson. But the part that spring the most attention is the shareholder, one Grant Graham. Grant Graham of KordaMentha Grant Graham.

Vardon Investment Group - Companies Office Printout

There are 100 shares in Vardon Investment Group and with three names - Graham Jackson, Kristin Jackson and Grant Graham listed this indicates clearly that Graham is holding the shares in the capacity as a trustee probably for a family trust. No big deal? Well actually it is a bigger deal as Graham is acting in a fiduciary capacity as a trustee, which most jurisdictions take rather seriously. If acting as a true trustee and not a rubber stamp for the settlors. I know history in New Zealand laughs at the role and independence of a family trust trustee, yet at law it is a role not taken lightly.

So first up:

The December 2008 sale of what is now Hilton Taupo was completed by Mr Graham's firm KordaMentha to a firm Triumph Capital Limited that Mr Graham himself had a fiduciary relationship with as a trustee for the Jackson's shareholding through Vardon.

Next up:

On 26th November 2009, Anne Gibson heads up a Herald article on the Hilton Fiji stating a receivership report had been prepared after entering the resort on 8th September 2009 and were due an update on 30th November 2009.

KordaMentha's Grant Graham and Brendon Gibson say a preliminarily calculation showed investors were owed FJ$2.1 million ($1.5 million).

Then:

On 27th November 2009 Graham Jackson removes himself as director of Triumph, Vardon transfers its shares in Triumph to the existing shareholders.

Buyers remorse for conflicts? Maybe.

But by November 2009 it is too late and Graham and KordaMentha are once in bed again with their buddies at Strategic Finance and the Hilton, picking over barely breathing assets and throwing out liabilities.

As opposed to the relative transparency of Strategic Finance, Strategic Finance-Lite (aka Triumph) and Vardon are private companies so it is very hard to work out precisely what has happened here, questions outstanding from the publicly available facts above such as:

1. What nature was the transfer and for what consideration were shares in Triumph transferred from Vardon to Emporio and Wakefield?
2. Is there a gentleman's agreement to buy-back later?
3. What proprietary information has Graham had access to as a trustee of the shareholder of Triumph, that compromises his position as KordaMentha the receiver in this and all previous projects relating to Vardon and Strategic?
4. How can we be assured he didn't have access to this proprietary information if he says there was none?
5. Should KordaMentha now recuse themselves as receiver for Strategic based projects on this (at best) appearance of conflict?

If the vultures are allowed at the assets, then least they play by the rules and play nicely. Thus far we have a rolling elongated receivership and a moratorium where shareholders have been told not to necessarily expect full payment.

The Hilton Fiji Beach Resort and Spa based individual "investors" will have their own issues re: the above. Strategic Finance shareholders also have grounds for concern.

John Boscawen is a vanilla yet irritatingly determined man and an accountant. He is best described by Dim Post as: "Despite hard work in Select Committee and drafting private members bills, the ACT MP has been unable to overcome the unfortunate fact that he is John Boscawen".

Boscawen admits freely that he is a come-back kid from insolvency so understandably will be a relative expert in the laws and jigs surrounding. Strategic Finance investors could do worse than to get in touch with him to ensure that they don't become the latest "Hanover" cases.

Boscawen's judgment regarding the aforementioned Press Gallery issue shows he doesn't understand the value of a partying hard for enjoyment, hence I imagine he will be working over Christmas and New Year and readily available at your service.

As the soft-Jock's at the NBR are now on holiday for a month.

Second Asian Invasion Blogger(s) of the Year Award

Whaleoil won it last year So he can't win it again else even though he probably should as his record speaks for itself.

Because of my nature not to be pleasant to everyone or throw fake praise, winning such an honour from me is a prestigious one and not to be taken lightly in the NZ political blogging world as one would praise from some soft hanky pink Tory such as David Farrar.

My award this year will surprise a few people but in terms of the winner I don't think it can be disputed that their blog has been the newest thing of the block to add to political discourse, rage and trolling. In terms of blogs, this one was risky as to how it would be perceived politically. It has been copied very poorly by the opposition party and ended up the year, unlike many promising new blogs, still alive and kicking.

It started on May 5th 2009 where the host driver stated:

......It’s a bit different, and you’re going to see different perspectives. You can join in and have a direct discussion with us if you want to.

........... want to engage directly with you, the people. What you’ll read are the opinions of individual MPs. We won’t always agree with each other and sometimes our opinions may change.

It’s real. It’s honest. And it’s live.

Don't know about honest, but it is real and live and the MP's do disagree with each other.

The leading contributor is quite easily the best new blogger of the year. Not only is he aggressive and angry, he screams "loose cannon" and gives trolls a working over before either banning them or telling them to f'off. With him you never know if he's going to post something that will see him reported to the Senior Whips office or something enlightening and yet oh so very bitchy.


Without further stuffing round, the 2009 winner is Red Alert

http://labourparty.org.nz/page/-/assets/images/content/red_alert.jpg

What I like most about Red Alert of course is that it cuts The Standard out from having any political or social relevance at all.

Why read from the plebs when you can read it all direct from the servants themselves?

Air New Zealand Gold Elite Gift - FAIL

MOC (Mother of Cactus) forwarded the annual package from Rob Fyfe that reached me today. Here is where it ended up.



First, the envelope combusted in my hand when opened and cardboard popped everywhere. That was kind of cool.

Instructions with a code to go to the website Gold Elite Gifts and pick your gift.

The only cool gift is the Phitek headphones. Like a Fonterra milk promotion however - Air NZ were out of stock when I logged on.

A stupid kids outdoor kit which must cost all of $1.50. A Dick Frizzell book (oh joy to the friggin world to anyone under age 65) and a donation to Make-A-Wish.

The donation prompted my interest as given the gifts should all be of equal cost to Air NZ on bulk buying or sponsorship rates, it should indicate how much they value Gold Elite customers as the donation is a full transfer from their account to the charity. And the answer folks:

$30.

That's right, the stooges at Air NZ not only budget $30 for gifts they only donate $30 to charity on your behalf if you choose that option. I'm sure David Farrar's new Kiwiblog charitable donation from his blog income may exceed that.

In the spirit of entrepreneurial endeavour at Air NZ, I propose a new option for full Gold Elite members. That is, exclude the supplementary cardholders who get a card based on who they are rooting, and the entire public sector who are perking off the taxpayer to get their status.

I estimate that leaves around 30 women in New Zealand from the private sector who are not taxpayer or spousal funded for their travel, 3 of them statistically will be lesbians so not interested and half of the rest married so excluded. That leaves 13.5.

We should all have the option of a lunch with Rob Fyfe, where he turns up dressed like this:

http://static.stuff.co.nz/1241759793/721/2396721.jpg

Now that's an option I would take at Goldelitegift. Nice.

* For the record I chose the powerstick which charges devices such as i-pods and Blackberry's. Chances are it will be lost within weeks, probably on an Air NZ flight under the business class pod on reclining.

Sunday, December 20, 2009

Speedo Sums Up His Year Nicely

"I think it's been a strong year actually," said Weldon last week. "We're ending it in a good place. There are a number of reasons for it, but I get a general sense of optimism out there and, as a company, a market and a country, I'm looking forward to 2010."

No man is an Island, unless you are Mark Weldon and now a company, a market and a country.

With the acceleration of Kiwisaver you would hope the NZX as a whole has had a strong year with more money coming in under the compulsion of savings and funds therein.

Naturally Speedo is looking forward to 2010, 31 December 2010 inparticularly and whatever he has re-negotiated on the share-split with respect to re-evaluation of the vesting criteria of his CEO Share Scheme.

Holidaying in Mexico, Speedo will come back with fresh ideas and hopefully convincing that New Zealand is in danger of 2025'ing behind Mexico than in front of Australia.

ACT Coup Attempt - FAIL

It would be hypocritical for me not to comment on what I agree with DPF on, is a "Stunning story". If similar happened in National and DPF didn't comment I would cop him a right hook.

Every Party has these sorts of incidents, hell Dr (but can't write a script) Cullen remember pulled one on the former Dear Leader and I'm sure Cunliffe and Jones are holding their own BBQ's and hangi presently. The difference is that small parties cannot handle the fallout as larger parties do.

http://parrots4parties.com/images/prop-party/gallows.jpg

While not all the facts in this story by Audrey Young are completely correct, the general idea is spot on. Lord knows who leaked it to the Press, but the timing is circumspect given MP's have been boozing all week with Journalists and other hangers on. The execution of this coup was Boris Yeltsin in clumsiness, sobriety and lack of forethought for consequences.

The political strategical stupidity in a coup is astounding in a party of 5 MP's, 80% of whom are reliant for their place in Parliament solely on the electoral seat of the guy they plotted against as the party didn't reach the 5% threshold. For that, the coup plotters deserve a slight fail. It would certainly have made a Constitutional sensation if there was a lost by-election and a Party was left with 4 MP's having neither breached the 5% threshold or won an electorate seat. I can't find out through internet resources as to what the outcome of that would actually be. A snap election with National polling on 60% the most likely outcome in hindsight.

If Audrey is correct in stating that John Key threatened to sack the coup co-plotter and take away her baubles as a Minister if she became leader of the Party, then the coup plotters deserve an even larger four letter "f" for fail, for they have just displayed the same behaviour they were bagging the guy they were plotting against.

Sir Roger has Gold Elite status as a member of the frequent flyer entitlement club. Parliamentary perks use is what they were bagging Rodney Hide for. As well as Heather Roy having chosen her Ministerial position over being co-leader of ACT. Nice one chaps. I don't even care what Rodney Hide's popularity is in the country, for Sir Roger's is unelectable full stop and the old fellow lives in the dreamworld that a nostalgia vote will get him through. The bad news for Sir Roger is that it will not. These days people cannot understand what he is mumbling about and the National Party thus far have treated him with the respect and relevant disdain as you would a mad Uncle who has had his day.

While Sir Roger is around he is a constant nuisance for anyone leading the Party. Heather Roy needed Sir Roger Douglas as co-leader or supporter as much as a hooker needs genital herpes to perform her job. There is no doubting Sir Roger's ability and contribution to New Zealand and ACT in terms of policy but as a true strategic and enduring politician he has an inept record. This latest coup added to the myriad of brain farts the man has had since 1987.

All I have to say on the conclusion of the matter is that the coup plotters must now all fall on their swords, resign as MP's and let the next candidates on the list: Hilary Calvert, Peter Tashkoff and John Ormond have a turn. I have no idea how any of those three would run as MP's versus Boscawen, Douglas and Roy but anything must be better than a trio of turkeys who voted for an early Christmas. No idea what happened with David Garrett but one gives him the benefit of the doubt that he may very well have been at the pub at the time of the plotting.

I look forward to a very interesting 2010 ACT conference in February where party members can discuss this ridiculous attempt and failure by people old enough to know better. Calvert, Tashkoff and Ormond especially should attend. Ex-member Lindsay Mitchell ended up no fan of Rodney Hide's when she left the Party but has an astute post on the silliness of what went on here including a logical conclusion she wasn't cut out for such silliness.

The golden rule of any political coup is that you must actually win it or face the often terminal consequences of looking very very bad if it ever becomes public.

How can you run a party effectively when you cannot manage a decent coup? - FAIL.

Right now the three people are looking very shaky for their part in this year's Nativity scene.

All they've achieved in the way of a higher vote in 2011 is one for FPP. Well done.

Bring Back the Privy Council

The retired Chief Justice of Australia is going to assist review the complaint against Wilson J not recusing himself in the Saxmere case.

A conflict of interest complaint is being investigated by judicial conduct commissioner Sir David Gascoigne with the help of the former Chief Justice of Australia, Murray Gleeson.

If New Zealand needs overseas Judges to assist in such matters given there is so much bias and internal conflicts in the New Zealand legal and judicial system why not just bring back the right of appeal to the Privy Council? The New Zealand Supreme Court are proving to be a right bunch of halfwits.

X Factor v Rage

The current fight for the UK number 1 Christmas slot.

http://insidegossip.co.uk/wp-content/uploads/2009/11/cheryl-cole-with-joe-mcelderry-60425132.jpg

All Simon Cowell has to do is promise the UK male public that if X Factor win the Christmas number 1 then Cheryl Cole will wear this outfit on the next series.

http://thesuperficial.com//bfm_gallery/2009/07/Cheryl%20Cole%20Birthday%20Dress/gallery_main/gallery_main-0702_sheryl_cole_04.jpg

Saturday, December 19, 2009

Best Christmas Stick Cartoon Ever

Friday, December 18, 2009

Long On For Hanover Investors

Reading Bernard Hickey's captivating live blogging commentary from the Hanover meeting yesterday there was one comment that stood out.

Alfred Batchelor, 84, asks how he’ll get his money back. “Some silly bugger on the telly told me Hanover was as safe as the rock of Gibraltor.”

After the initial chuckle, I wondered in my best Alan Shore pose whether this man had a point. Whether there is a case for the prosecution on this one? It's Christmas and I am feeling more Alan and less Denny today, so I will take one for the little guys for a change.

http://farm3.static.flickr.com/2219/1491897258_aa71e26df5.jpg?v=0

Here is the "silly bugger", Richard Long. (Not to be confused with Richard Long, the gatekeeper of the Press Gallery booze and still going strong at 69).

http://media.nzherald.co.nz/webcontent/image/jpg/long5.jpg

Back in 2008, the Advertising Standards Authority ruled against Hanover for the advertisement where Richard Long stated:

"This One Weather Update is brought to you by Hanover, a New Zealand business with the size and strength to withstand any conditions."

Hanover appealed and lost. That wording ran from August 19 to November 15 2007. The wording was then changed.

The Commerce Commission announced on 24th July 2008 that it was investigating whether Hanover Finance had breached the Fair Trading Act by making misleading representations to prospective investors and/or the public generally.

More than a year later I can't find any evidence that they have actually done so.

Readers may be able to shed light on what has happened some 17 months on, I would also love to be sent or have You Tubed the old advertisements so pull it all out of archives now folks. If nothing has been done at all relating to the complaint then this is grounds for the Commerce Commission disappearing altogether. Here is a classic case of misrepresentation not about a toaster, but a product in which many people were induced to put their life savings. It's a little more serious with 16,500 investors owed more than half a billion dollars.

So putting this aside for a moment I ask if anyone has looked at Richard Long and his conduct as a celebrity endorser more critically than to treat him as a victim of Hanover? The Fair Trading Act has wider implications than Hanover. Individuals involved in the offending conduct can be prosecuted under the Act. Not to mention any other causes of action that can be thrown at Long.

Richard Long was a paid celebrity endorser, unlike Colin Meads and his failed fronting for Provincial Finance, Long was extra special, he had authority beyond just being a "good Kiwi bloke".

Every night Long appeared as an authoritative newsreader in the homes of New Zealand, putting a million in a collective trance at 6pm relaxing after work or a long day on the couch. A newsreader is meant to portray neutrality. Richard Long personified this. Every night he would front without emotion as he read the auto-cue. No one knew Long's politics or much about him at all. He was the consumate professional.

Hanover's advertisements that Long agreed to do actually cross-pollunated back to his former role with the words:

This One Weather Update....

That is Richard Long used not only his celebrity (as in the case of Meads) but his prior position at TVNZ as a neutral trusted newsreader to flog a product that induced Mr Batchelor and others to put their life savings into the investment.

I ask Mr Long in cross examination - Did you have any money of your own in Hanover? Or was your pay in any way linked to the product?

You see this isn't like Tiger Woods and a razor or Nike shoes. Tiger has to use the razors and wear the Nike shoes as part of the deal. Long to the best of the media's knowledge never had any money tied up in an investment in Hanover.

Richard Long may claim he did not know of Hanover's position when he made the advertisement, yet as an intelligent man of above-average means exercising a professional of care how could he possibly state that any investment other than a government guaranteed bank deposit could "withstand any conditions"? There is no reasonable basis for this claim.

Granted the investors should not have relied on this statement either, yet the purpose of advertising is to induce the consumer to buy and New Zealand has legislation protecting the consumer from false claims.

In fronting the campaign and accepting payment for it, Richard Long is culpable as the pointman for inducing the most important part of the puzzle - the investors, into investing in Hanover. Without investors there was no Hanover.

The Alfred Batchelors' of Hanover who relied and were induced based on Richard Long's unique attributes as a frontman, I believe with a bit of Alan Shore style representation have a case for him to answer.

At the very least he should be made to pay back the fee he received for fronting the advertisements that he must have known were false and misleading and resulted in inducing Alfred and many avid newswatchers and fans of Long into investing in Hanover.

That would be a good start.

It may also serve as a timely warning for New Zealand celebrities willing to put their names to all sorts of risky or hopeless products, to earn pocket money thinking that all the liability rests with the other party to their contract.

Little Wonder Papers Sell on Drug Stories

I checked my comments tonight as I do only at night and found 100 comments waiting for moderation.

Never having so many I thought the Spam had got to me.

But no, 96 comments were regarding the post below. Quite staggering and around 50 more than my previous record which was set over a longer time period than one day.

I read them all and most people were of the view I need to be having lunch with the parents.

Highlights were

- a few asking if I had slept with the father (nice)
- an economist who opined based on his knowledge thereof
- most stating that they were parents and would want to know.

Incredibly interactive and rather interesting discussion. And unlike Kiwiblog, no troll farming.

Update - I will be having lunch with the father on Monday.

No Corruption In New Zealand?

Really?

Otago District Health Board former chief information officer Michael Swann has admitted accepting a $755,000 bribe from long-time friend and business associate Robin Sew Hoy in exchange for more of the board's information technology work.

Random Impertinent Question

So can you short Allied Farmers stock?