"Interesting" is perhaps not the word I'd choose.

Ideally the separation between media ownership and editorial control would be enshrined in law. If a corporate entity wishes to exercise its freedom of expression is should do so through the appropriate channel?

There's paranoid claims of vindictive censorship and then?

+1

What with this and the Govt's evidence-free policies, I'm scared.

That is why she requires three seats on the board. (LoL @ Vogon poetry reference)

She's thinking of the children.

More seriously we (as in every nation that purports to be a democracy) need media ownership laws. Nobody should be allowed to personally control?

Umm no – is it?

I am increasingly coming to the view that the only sustainable business model for the media is that of a worker cooperative... or maybe The Guardian...

Yes. Section 5 of the New Zealand Nuclear Free Zone, Disarmament, and Arms Control Act 1987 says:

5 Prohibition on acquisition of nuclear explosive devices
(1) No person, who is a New Zealand citizen or a person ordinarily resident in New Zealand, shall, within the New?

Without Rinehart the shares would be worthless. Fairfax don't make any money. The shares would become so worthless the company would probably?

That would certainly happen if she dumped her shares, yes. That?s the basis of?

Section 8 clearly says that nobody can manufacture biological weapons,?

I think it's more to do with the ideas she espouses. Fortunately she doesn't appear to be that smart so perhaps she should simply be given enough rope with which?

Bugger; damn shame for the Press.

(Standalone post — Not meant to be a reply to Kyle)

Why does Australia produce monsters like her--Packer, Murdoch et al?

So you agree Fairfax is basically worthless in its current state. That is is unprofitable and unlikely to become viable.

And you seriously think Fairfax losing money year after year is a sustainable model??

I'm certain I saw a documentary decades ago about an Australian mining magnate and his daughter entitled something like "Only a little nuclear bomb"?

Stories aren?t covered, not because the journos aren?t smart enough or interested enough, but because there?s no money, no resource, no cameraman or whatever to get it done. Answer? Revert to accessible story, whether it ticks the news value boxes or not.
With that?

Which ties in to my comparisons with Rev Moon & the Washington Times.

Funding broadcast journalism is another story and probably warrants a?

Something even the demon Rupert Murdoch had some respect for ? unless he just forgot to dictate pro-Iraq War editorials down the line to the New Zealand newspapers he had an interest in at?

being over 90% dependent on commercial advertising revenue, it has been a while since TVNZ matched that description. Maori TV on the other hand..

Would that include requiring The Scott Trust Ltd. (one of the more agreeable fruits of tax avoidance) to break up the Guardian Media Group by selling The Observer and divesting it?s?

Yes, it's oddly drafted, isn't it, in that it doesn't seem to proscribe a visitor making a nuke.

Also, if I, as an NZ citizen, were to go and work for AWE (the UK's nuclear weapons lab), would I violate S.5.2.b ? Because I'd be?

And to think the ghost of Sir Joh?

Lang Hancock was a piece of work ? and that?s saying something in a fertile breeding ground for sociopathic rat-bastards like Australia. He?s a RW [[http://awoiaf.westeros.org/index.php/Tywin_Lannister|Tywin?

Well yeah.

Their equity has declined 90% in 5 years and apparently is still massively overvalued at its current trading price. If Rinehart sells off the price will fall, because no?

And there's also this one from the Global?

If a?

Supposing you had Genghis Khan and his army camped outside your gates, threatening to go home if you didn?t let him in for a bit of r-pe and pillage, what would you do??

I think we're going to have to strongly disagree on that one, Angus. I think dumping 20% of the company would see the stock tank.

The price will?

My guess is you are right but stock markets can be weird. If she sells 20% of the shares then someone will have to buy them. She will likely want the biggest return for her shares so if?

Thanks for that comment. I happen to be in the middle of another rant about?

It doesn't restrict a visitor from exploding a nuclear explosive device, either. (Only from "testing", which isn't defined in section 2.) If you were a visitor to New Zealand who'd just happened?

From the little I have studied the stock market, after the initial float unless you issue more shares the company gets no new money to use for investment. BUT if the share value rises then the company can use that ?value??

Shades of Operation Plowshare if true. That at least was seriously proposed and plans were quite advanced.

Western media is free to reprint official local press releases, but...

I think you?re presuming a higher degree of rational thought than I?d presume in a woman who?s also busy trying to spite-fuck her?

Personally I'd avoid Fairfax shares like the Plague or Rheumatic fever.

Just a slight grammar note, since it's come up twice now:

It's toeing the line. From the days of bareknuckle fighting, where you had to keep your foot on?

Better than nothing,

I agree. From the resounding silence I assumed that local approval of official ministerial visits may be subject to some type of gag clause.

I, for one, welcome Warren Buffett our latest insect overlord. Hey, he can?t screw this pooch any harder and he doesn't regard newsrooms as Marxist cells..

We're both saying it is going to crash. You are saying it is going to happen because Rinehart is selling her shares. I am saying?

Glory – who needs the new series of Dallas? This programme is extra ordinary – and riveting. DO watch it

as opposed to canal-boating #tow

That'd be here. Hopefully :)
Looks great. Just waiting for the kids to go to bed...
Looking around the four corners site: jeez, public broadcasting! Freely available on the net, and they?

Also trawling :-)

You seem to be the only one here suggesting she resembles a "fat interstellar slug creature". You didn't get the Vogon reference, did you?

I'm not sure what if anything you base that on. Apart from a handful of cranks who still whine about the long-defunct National Energy Program (b. 1980?

Something that is very, very legally-questionable, since it amounts to market manipulation. Whether a regulator would try and prosecute it is a different story, but even the weak?

That would make it the first stock-dumping in history where the very fact of the dumping didn't depress the price, I suspect. Supply and demand, Angus. A sudden,?

IIRC, last year News Corp's share price took a sharp dip just on rumours that Al-Waleed bin Talal Alsaud (the largest individual shareholder after Rupert Murdoch himself) was?

Ah, now I see your "logic".?

Also involved beyond her role as a journalist, which leads to some interesting framing in her writing.

Recover??

Well, yes. Judith Collins is in China right now in her capacity as Minister for Ethnic Affairs. I found out about this through the Chinese media.?

There's a Ministry for Ethnic Affairs? Never even heard of it!

An Office of Ethnic Affairs, which does have a minister. It's part of Internal Affairs.

It was set up a bit over 10 years ago early on in the Clark Govt. Compared with its Australian and Canadian counterparts, its role seems to be a lot less visible.

I must say that her statement that the touted editorial independence was already down the gurgler since the company had ordered journalists to support Earth?

NZ is a strange place.

I?m liking your logic here: John Key is the perfect Minister of?

Never mind the same policies have lead to declining economic well-being everywhere they have been introduced.

Yeah...Key goes on exhaling...dead giveaway that he's still breathing!

Love your pic though, Joe. :-)

Ditto – made me grin exceedingly-

http://www.youtube.com/watch?v=EVJgpZBQU1k

Maybe not too much of a surprise, given his long history with the pre-1989 TVNZ. The often reactionaly Karl du Fresne has also spoken out in favour of public broadcasting.

In a very confused way ...

I think Kim and his crew enjoyed themselves — he was certainly very amused by the John Banks interview in Jose's roundup.

The show is here for anyone who wants to catch up.

http://online.wsj.com/article/BT-CO-20120705-702626.html

'Gina Rinehart's Hancock Prospecting on Thursday sold 3.7% of Fairfax Media Ltd. (FXJ.AU) as part of the Australian mining billionaire's continuing drive to capture seats on the media company's board.

Far from seeking an exit from its holding, Hancock?