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Speaker 1 (00:09):
You're listening to a podcast from News talks'd be follow
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The Rewrap.
Speaker 2 (00:26):
Okay, there, welcome to the Rewrap for Tuesday. All the best,
but it's from the Mic Husking breakfast on News Talks.
They'd be in a sillier package. I am Glenn Hart
and today the Canadian election. I think it's happening sort
of pretty much as we speak what Mike thinks is
going to happen. There the operating allowance bombshell that the
(00:52):
Finance minister exploded detonated today. Big down on that. And
we're also going to dig up some persons or are
they quinces at the end of the podcast. But first up, Trump,
as Trump near here is one hundred days in power
for his second term. How's that going for him?
Speaker 3 (01:13):
So the question I ask about Trump at one hundred
days is if it wasn't for the tariffs, would things
be completely different? And I think you know the answers yes.
The pole numbers that make the most sense to me
are the ones that say the bulk of Americans, i e.
Seven out of ten are not surprised he's doing basically
what he said he would do, and at normal times,
that would be a revelation, if not a good thing.
He's exporting crocs, he's cutting waste, he is relentless in
(01:36):
his agenda. He's omnipresent. He's battling the courts. He's surrounded
by eclectic and sometimes bafoonish characters, all of which you
would be unfair to suggest isn't exactly what one happened
between twenty sixteen and twenty twenty and two. He promised
he would do. The usual false reportage continues as if
the Biden era didn't interrupt Trump one, small details like
the color of a suit over the weekend at the funeral,
(01:58):
the fact the war isn't over literally on day one.
You can choose your reaction to that sort of thing.
The media chooses to be myopic and at times childish
and pedantic. But what's the point. We know he's like
now the president. He makes stuff up, he exaggerates, he lies,
he weaves. Forget whether it's good or bad or dangerous,
It's who he is. We know this. Therefore, you might
want to adjust your reportage. Things at day one hundred
(02:19):
would be normal, I think in Trump world. If it
hadn't been for the tariffs, and in the tariffs is
the greatest of mistakes. And for the life of me,
I still can't figure it out. Match tariffs on those
who terriff you sure, China twenty percent, I see you
twenty percent. But the tariffs are what is is undoing,
universal tariffs on everything from nowhere. They don't make any sense.
(02:41):
They've tanked markets, they've killed growth, They've created fear and
economic carnage, and still they make no sense. I'm sure
deals are going to be done with some people, but
the damage will have well, it's already been done. The ducking,
the diving, the making it up as you go along
isn't deal making. It's insanity. Ships are docked, goods aren't moving,
Dollars are being flushed, and jobs are being lost. The
political capital is being burned at a rate of knots.
(03:04):
The poles will tell the same story. His support is drained,
but the big the midterms might ultimately be his undoing.
He barely has the numbers now to conduct government, far
less once America votes, And if that goes badly and
you're a lame duck president, when does the Golden age arrive?
If you've blown it up in your first three months.
Speaker 2 (03:24):
I'm just looking at some footage of the one hundred
lawn signs they put up at the White House of
migrants who have been arrested for various different crimes. It
shows their mug shots and then what they've been arrested for. Arrested,
not convicted. Pretty odd, and I wonder what the Philadelphia
(03:52):
Eagles made of that. As they made their way into
the White House this morning. He was hosting them football team.
They thought they were driving into their funny old times.
It's the rewrap, and of course it's spilled over really
from the funny old times in America to funny old
(04:13):
times for everybody else, including Canadia.
Speaker 3 (04:15):
I tell you what, for a while there, being a
tough guy was good for the old cred, wasn't it.
Victor Rawbarr, mister Malay, mister p Carly all reveled and
succeeded at the polls and their macho Trump esque persona.
The world was moving away from me too and progressivism
that had been a very distinct move to conservatism, especially
in parts of Europe. Being like Trump was more often
than not good for your political aspirations. Peter Dutton had
(04:38):
a touch of that, but sadly, in the length of
an Australian campaign it's all changed. The marey's looked like Trump,
talk like Trump, promise policy that sounded like Trump. The
worse it's got chances are by Saturday night he'll be
a loser. Meantime in Canada, who were voting as we speak.
The reason mister Carney's and the lead is twofold one.
The bloker ran the place before him, was a progressive
sap and was the victim of a movement against the left,
(05:01):
but also being there for a decade, and his clock
had basically run out. But two his replacement has made
much ground and the newfound vein of political success, looking
not at all like Trump, but being tough enough to
stand up to him. Mark Carney will most likely win today,
and if he does, the fortunes of his Liberal Party
will be one for the ages. The same anger, frustration
(05:21):
and impatience that led Trump to victory over a hapless
socialist should have played out the same way was going
to play out the same way north of the border,
and yet in the space of a couple of months
the entire scenario has been tipped on its head looking
like Trump, like Polyev and the Conservatives do, is no
longer currency. It's bad news. They've tried desperately to direct
the campaign towards the issues that had Canadians so upset
(05:44):
for the past ten years, cost of living, cost of housing, jobs,
but the tariffs and Trump and his insults have fired
them up and often to a new direction, hating on America.
Carne and the Liberals have seen it, grabbed it run
with it. The last poll had a three ish point
gap to them. They've come back from twenty points down.
(06:06):
It's astonishing. I mean, the counting later today. But if
they win, what's it say about the distaste for Trump?
What's it say about a single issue campaign? And will
there have ever been a bigger victory snatched from the
jaws of defeating Yeah.
Speaker 2 (06:19):
I don't think we've ever been so interested in Canadian politics,
have we? We're so interested in all sorts of things
that we never used to be interested in. I don't
think we really took that much notice of Canada. We
just sort of, you know, made jokes about how nice
they are and how they say a in all their sentences.
(06:40):
I certainly have changed rewrap. It's like the whole you know,
we obsessed for the DDP and inflation and stuff. It
seems like much more than we ever used to be.
And then I find out about this other new thing
this morning that I've never even heard of before.
Speaker 3 (06:56):
Apart from that, just haven't groved through the speech and
take pages long and small typing. But that's the headline
of the day. Two point four to one point three.
The fiscal forecast not going to be finalized until later
this week. Small operating allowance means we'll continue to forecast
a surplus in twenty twenty nine. You notice how far
that's gone out since she's been in power. She only
been in power since twenty twenty three, and so it
was going to be twenty five. It was twenty six,
(07:18):
twenty seven, twenty eight hour out to twenty nine. And
that's just an annual surplus. That's not paying down debt
or anything. That's just a year in which we don't
spend more than we make. So twenty twenty nine, and
even that finger's crossed, our budget will still deliver increased
investment and things like you know, blah blah blah, health education,
et cetera. So that's going to be money from other areas.
(07:40):
It will be savings redistributed elsewhere. Instability may not be
a passing tree in New Zealand. Can't expect to keep
borrowing as much as we are now. Good honor for
saying it. It's not a time to kick the can
down the road. Good on or for saying it. It's
against a difficult backdrop. The next decade can be our decade,
she claims, and she goes on about our natural resources
and beautiful fields, you know, and all the other stuff
that politicians go on.
Speaker 2 (08:00):
Ye just you know, hang tight till yeah, twenty thirty.
Speaker 3 (08:07):
And this doesn't help James Meagher, who I don't know,
but we all got excited. Remember when James meagah stood
up in the Parliament and he gave his maiden speech and.
Speaker 2 (08:15):
We went, oh, so wonderful, isn't he?
Speaker 3 (08:19):
And then that was the last year I heard of him.
He's got made the minister for the South Island. He's
Associate Transport Minister for reasons best known to himself. He's
starting waxing lyrical about the government supporting Air New Zealand
because you can't fly from Palmerston North to Wanganui for
five dollars and so he's talking about provincial regional New Zealand.
Nothing wrong with that. Yes the prices are too high.
(08:39):
Yes it would be nice if we had eighteen airlines.
Yes it would be nice if Emirates went from you know,
Omoru to Ashburton three times a day in first class.
None of it's real. We're a tiny little country at
the bottom of the world with five million people and
we have room for about one and a half airlines.
That's been proven over and over and over and over
and over again. And it's not like Air New Zealand
before you text me and go Years Ealand and bastards
(09:02):
and they're ripping me off before you say that they're
hardly making money. They got no engines, they've got no planes,
they got a work all the pain at the moment
and it's difficult. But a government minister coming in and
going hmmm, I wonder if the government wouldn't be interested
in supporting Air New Zealand to make regional flying go
you you go, go, now, James to Nicholas's office when
(09:23):
she gets back from his speech, float the idea and
see how many books are thrown at your head.
Speaker 2 (09:28):
So that is that the kind of thing that they'd
spend some of this operating and it's not see I'm
trying to get to the bottom of this. I've been
googling it up.
Speaker 3 (09:38):
Operating allowance Yeah, yeah, oh you could.
Speaker 2 (09:40):
Apparently it's related to the operating balance before gains and losses,
which is otherwise known as obi GAL.
Speaker 3 (09:47):
Yes, and so it's the money you've set aside to
spend on stuff. You'll have a lunch money, your wife
will have given you some lunch money. That's your operating allowance.
Well there you go. So you don't have much of
an operating allowance. So that's that's I think she's got.
Speaker 2 (10:02):
How would have access to it?
Speaker 3 (10:03):
It's exactly the same thing.
Speaker 2 (10:05):
Do you know what it's for? So it kind of
it's kind of like the government couch cushions. They tipped
the chotch upside down to try and shake things out.
And it's only a billion or so and loose change
in the area, and they used to be two and
a half billion, which they've been I stood, don't really
understand what they're spending that money on. Anyway, it's me
(10:31):
it's the rewrapped. Things could be worse. I could be
a grower of fruit trees and not really knowing what
kind of trees I'm growing.
Speaker 3 (10:40):
My tree did well this year I've had, I've had, actually,
funny enough, I was sympathizing with thee and when he
said it's been a bit of a rough couple of seasons,
I agree. I've got a personmon tree. I didn't realize
it was a person tree when we bought the property.
I thought earth of those turned out to be nash.
Speaker 2 (10:53):
I can even quite remember what person's a look like.
Speaker 3 (10:56):
They look like a light, very pale yellow apple roughly
sort of.
Speaker 2 (11:02):
And are they like a pomegranate where they've gotten lots
of seeds.
Speaker 3 (11:05):
Inside and completely different to a pomegranate. You could mistake one,
and don't text me and say imony to get and wrong.
You could mistake one if you were looking a bit
piste wandering down through the paddock. I mean, I don't
speak from experience, and you might mistake them from a Nashie.
So it could be a Nashie, could be a person.
You know what I'm saying. There's a slightly different shape,
but that eating fresh thing. I thought you only use
(11:26):
them sort of for jam.
Speaker 2 (11:29):
It's interesting what he's saying about the salads because they're
getting into that dangerous area people some thinly people don't
like to mix fruit with their main meal, do they?
I do? Yeah, I do too, But there's certainly people
in my house who are against it. Side slicing slicing
green grapes into salad very nice.
Speaker 3 (11:49):
What's wrong with that?
Speaker 2 (11:50):
Well? Really, yeah, there was. I was harshly criticized.
Speaker 3 (11:55):
Jeez, so hard road, ah, isn't it, Glene. All you
can do is your best, mate, I get them here.
Speaker 2 (12:00):
I thought I'd made the salad taste more delicious than
I'd ever had before, because I'd been to a restaurant
and they'd slice grapes into the salad in the restaurant.
I thought, I'm going to give that a go. But
the customer is always.
Speaker 1 (12:12):
Right in the inner and the rewrap.
Speaker 2 (12:14):
And while the customer maybe right, it turns out Mike
was wrong about what kind of tree it was on
his own property.
Speaker 3 (12:22):
My personan's might slightly squashed version of an orange, which
is true. I think a number of you pointed out
to me I was probably thinking of a quince, and
I am I'm exactly what I'm thinking of. I'm not
thinking of a person at all.
Speaker 2 (12:32):
Do you even have a personmon tree?
Speaker 1 (12:33):
No, I do not.
Speaker 3 (12:34):
As it turns out, what I thought I had. And
the funny thing about it was the person is. What
happened was in the early hours of the morning, I
came to work as I usually do, and then I
saw the interview about the person's and I thought, fantastic,
Glad we're doing personmins because I've got a personmetree. It
was at that critical juncture of the morning that I
made the mistake, because I don't have a person tree,
have never had a person tree, but I do have
(12:55):
a quince tree. I have been fascinated by having a
quench tree. The people who planted our place, or the
bloke who planted our place, had a We've got a
sort of what he calls an orchard, and the idea
was that you planted trees from gone by so you
could wander through the orchard and transport yourself back to
your grandparents' day, the sort of fruit and vegetables that
your grandparents would grow. So, for example, we've got a
(13:17):
number of apple trees, and the apple trees aren't really
commercial apples. There's sort of your old fashioned apples that
to be frank, you probably cook with them. But apart
from that, I mean the odd one, the really good
one tastes okay, but they're.
Speaker 2 (13:29):
Really cooking apples smith bread.
Speaker 3 (13:31):
No, no, that's what I'm saying. They're not commercial. But no,
nothing you've ever seen before apples before there were apples.
Speaker 2 (13:39):
So right back to Cox's oranges.
Speaker 3 (13:40):
No, no before cost No, not that. There's nothing but
a name, not even a Red Delicious, not even a
Red Delicious. So anyway, you got those sort of apples.
We do have some. We do have some do Comish pears,
do Comish pears, which I must say are very very good.
But then this this quince tree. We've got a couple
of fig trees, and I thoroughly enjoyed watching the figs grow.
I was told the figs. You can't grow figs for
(14:00):
love nor money. We grow figs like there's no tomorrow.
Speaker 2 (14:03):
It's indeed, they are things, because.
Speaker 3 (14:05):
They're definitely fixed. There one hundred you had, but I
did not, But I did know. It's a quince tree.
So the quince looks like a pear, which looks like
a nashie. I have a nashie, and I have a
quince I don't have a personon. I did want pomegranate.
Speaker 2 (14:21):
Oh, we all want pomegranate.
Speaker 3 (14:22):
We all want pomegranate, but I don't think I can
grow pomegranate. So you're right, it's the quince tree I'm
thinking of. And my question to the person and guy
is what do people do with them? Was a stupid question,
because of course there's lots of things to do with
a person there, there's just not many things to do
with the quince. So I was expected its jam.
Speaker 2 (14:41):
Exactly, jelly, jelly, quin exactly quince.
Speaker 3 (14:44):
And then the next question is you say, who makes
quince jelly? And the answer is nobody.
Speaker 2 (14:49):
I mean, that's that's so anti fashion, isn't it, Because
I mean, that's just adding sugar to something, isn't it.
Speaker 3 (14:54):
That's an ultroposis.
Speaker 2 (14:55):
Food that's got a jar of sugar the exactly.
Speaker 3 (14:57):
And you're gonna, as we told you earlier on in
the preger, and you're gonna end up dying sooner ultroprocess food.
Speaker 2 (15:02):
Just by you. He means me.
Speaker 3 (15:03):
Leave it alone, exactly. So my apologies for that. We
talked to a degree at cross purposes about completely different fruit.
But we do know that the person had a good season.
We do know that you can do more with person
than just make jam, and we do now know that
I've never had a person, probably will never have a person,
but I do have a quince that should we do
(15:26):
an interview on the quints, I am fully prepared and
set to go in what.
Speaker 2 (15:30):
Will I don't know what to believe.
Speaker 3 (15:32):
In an award winning interview.
Speaker 2 (15:34):
So they sort of squashed orangers personon's not such aus
though I've looked at that to confirm they're actually berries.
There you go. I'm probably allowed them. I'm not allowed grapefruit.
I know that because it interferes with the medication that's
(15:55):
keeping me alive. I think somebody said they're going to
send something in some persman's because obviously we won't be
getting any off Mike's tree because it's it's not a
person in tree, so it would be very hard to
(16:16):
get person's off it. I mean, I rely on does
he actually know what the operating allowances? He claims to
know that? Why should I believe him about that? Now?
I don't know what to I literally don't know what
to believe, So I'm confounded. I'm going to have to
spend that way. For the next twenty four hours, I'm
going to be confounded. Hopefully things will send clearer again
(16:40):
Tomorrow's
Speaker 1 (16:40):
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