Posts by Rich of Observationz

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  • Island Life: Choose life. Choose a job.…,

    the Nats believed they were right to turn their back on the traitorous and odious and loathsome Winston.

    I wouldn't disagree.

    I still think that Labour and National should have agreed a pairing solution to neutralise NZF - if NZF are opposing the government, then enough opposition MPs vote *with* the government to cancel them out.

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Field Theory: Sunday Bloody Sunday Newspaper,

    World of Warcraft - that's a sport, right?

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Up Front: A Word From the Ministry for…,

    I am a huge fan of Banks, except when he allows the sci-fi to cross over (The Bridge, Song of Stone).

    For me the characterisation and background is good, but his plots do seem to lose direction sometimes.

    I loved the whisky book though. It's not really a book about whisky, it's a 300 page blog in hardcover.

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Hard News: Life Goes On,

    Why haven't the people said "enough!" and stuck the lot of them in jail?

    There's a lot of ppl pinning those hopes on an Obama Administration.

    They're electing Obama, not Castro.

    And throwing the capitalists in jail doesn't work, coz they eventually get released and return, zombie-like. Look at Russia.

    You need to execute them. With spades.

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Hard News: Life Goes On,

    only rich people own shares?

    If you look at the Household Savings Survey, half the population has negligible net worth (of any sort). 20% of the adult population owned shares, and these are concentrated amongst the richest.

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Hard News: Life Goes On,

    conspiracy theory that Rupert Murdoch was forcing his newspapers to take a pro-Iraq editorial line, using the truly eccentric methodology of looking at editorials on the subject . It simply wasn't true -- at least in New Zealand

    Rupert Murdoch doesn't own any papers in NZ.

    Was this a while ago?

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Hard News: Life Goes On,

    You don't accept that there is a newspaper monopoly in every NZ city Craig?

    Where can I buy a copy of the Wellington Times, the Wellington Herald or the Wellington Guardian then?

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Hard News: Life Goes On,

    England in the 1950s

    - No central heating
    - No double glazing
    - 20/30 year old cars
    - Motorcycle gang panic
    - Amphetamines
    - Fizzy beer

    I love it here really!

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Field Theory: Sunday Bloody Sunday Newspaper,

    You think NZ papers don't cover netball? Look at the coverage of the sport in one UK national paper over the past year:
    http://browse.guardian.co.uk/search/Sport?search=netball&sitesearch-radio=Sport&go-guardian=Search

    None at all?

    Outside NZ, Aussie and maybe Jamaica it's an amateur minority sport. Which is great for NZ because there will always be one game where we're more or less guaranteed world champions.

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

  • Hard News: Life Goes On,

    total no-brainer to invest in finance companies for a 10% return

    Except that if the finance company is rated below BB, then they would have to pay a 3% insurance premium. Plus (I think) they'll be putting half that money in the Reserve Bank at base (7.5%). Which means that to pay 10% on $10,000, they'll need to make $925 in interest from $5k, which is 18.5%. Plus margin, plus an allowance for defaults.

    I don't think that'll work, so there won't be any below-BB rated firms around. Maybe the higher rated ones will stick around, but like I say they'll be essentially banks.

    Back in Wellington • Since Nov 2006 • 4741 posts Report Reply

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