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July 22, 2024 12 mins

THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) No, She Can't/We Need to Do More Stuff/Bang Bang Time/Home D Isn't Always Fun/Conehead Speaks Out

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Speaker 1 (00:09):
You're listening to a podcast from news Talk, said B.
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Speaker 2 (00:24):
Therapy and welcome to the rewrap all the best but's
from the microsking breakfast on news Talk, said B. And
a sillier package. I am Glenn Hart and today do
we just need to do something? Is that how we're
going to get this economy rolling again? And given that
it slowly does seem to be rolling a little bit

(00:46):
as a bang bang time and by that I mean
for Rake cuts. This will all become clear as we
get into the podcast. Another soft sentence story for you,
and we'll finish up with more Cone complaints. Before that,
the US election can come less save US.

Speaker 3 (01:04):
Media outlets around the world rolled out the predictable article
yesterday post the announcement with the headline who is Carmla Harris?
They rolled out the same article you might remember several
years ago when she got picked as VP as well.
Depending on whether those articles are applicable in America depends
a little bit on whether she can now go on
and win. The VP of course isn't really a thing.

(01:24):
I mean they say it is, But Mike Pence was
a good example before Carmala Harris that really it's a
figurehead job. Yes, your one heart beat away from the presidency,
but no one honestly expects that to mean anything except
in the Harris case. You remember, she was meant to
be something. She was meant to be the replacement when
Joe bailed either at the end of the first term
or anointed her at the start of the second. She

(01:45):
was the succession plan because Biden's job was to beat
Trump and then retire. The reason that never came to
pass was Harris turned out to be a dud. And
the problem with that is the job she never got
handed on merit, she now potentially gets handed by default.
So the question is can she run on a record
that isn't Biden, given she is inextricably linked to the administration,
or does she sink because of it? How much of

(02:07):
Biden's lack of supper, though, was because he was old
and befuddled. How much did Americans not see the good
stuff in the economy because of Biden? And maybe they
can now see it under Harris. Is Harris so much
better known than any of the other possibilities like Newsom
or Whitmer that she has too much of an unbuilt
advantage to risk A real, unknown, very real question, even
though many would argue it shouldn't be, is the Clinton question.

(02:30):
Is America ready for a female president? Did Clinton lose
because she was a woman a Clinton or because Trump
was better? These are all live questions, upside as the
big money you're starting to flow for Harris that wasn't
for Biden. She knows how the White House works the
others don't, and she might might be able to grow
the Democratic turnout from those who would have stayed at
home because Biden was too old to take seriously. Also,

(02:53):
none of the others are so obviously better than her
that you can't go past them, so you can make
a case for her. But make no mistake, this is
now and still is Trump's to lose.

Speaker 2 (03:05):
It's a shame. Later on in the morning, my accidentally
said this is still Biden's to lose, and then somebody
takes it and said as that they'd been having a
Biden moment. That's quite funny.

Speaker 1 (03:16):
It's a rewrap.

Speaker 2 (03:17):
Right back here. Seeing it seems to be sort of
a slight vibe that the economy is starting to change
gear turn around. But what do We put that down
to a.

Speaker 3 (03:29):
Couple of very real and tangible examples of just how
big a mess our economy is currently in, and perhaps
more importantly, how we continue to shoot ourselves in the
foot as far as progression is concerned. So trade numbers
for June right, good news, We've got a trade surplus.
Bad news. It's because we're cratering. So a trade surplus
is what all countries should aspire to. You sell more

(03:50):
than you buy it. This leads to growth and jobs
and expansion. Countries generally that import more than they make
aren't very good economic models. I mean, yes, if you
import a television and sell it, you need a person
behind the counter and an importer and a person with
the money to buy the TV. But that's never going
to beat the price and the place, whether it be
a farm or a factory that uses things and sells
them for big money offshore. So currently we're exporting less

(04:13):
and importing less, hence the surplus. But it's merely a
reflection of how stalled the economy is. But the really
big issue is Meridian, who, for the second time in weeks,
is asking t Y to drop its power usage because
we don't have enough of it. Good news TY stayed,
Ty signed that twenty year deal. Bad news t Y
now can't make what they want to make because we

(04:35):
don't have enough power. Why not, because we don't have
a plan, and because we got hijacked with renewable ideology,
which has led to a supply gap that is clearly
getting worse by the day when it doesn't rain. The
answer is not to ask people to do less, and
you wonder why we have productivity issues. Doing less is
not a business model, and yet here we are. Good

(04:57):
business strategy is to have a plan, plan B, an alternative.
We don't seem to have got to that bit. The
fact Transpower ask us each winter, as they have again
this year, to be careful on cold mornings are the
fact I have to one cut a deal that allows
a drop in usage and farley to an actual drop
in usage is in many respects an unforgivable mistake. But
only if you want the country on its feet, paying

(05:18):
its way in the world, expanding and building its reputation.
I'm not sure that's at the forefront of enough people's mind.

Speaker 2 (05:23):
I don't want to have to start doing something and
making an effort.

Speaker 1 (05:27):
It sounds like hard work.

Speaker 2 (05:30):
Let me just wait for a bit longer and see
what happens.

Speaker 1 (05:32):
Rewrap.

Speaker 2 (05:33):
Anyway, rumor is what's about to happen is cuts. Yeah,
here come the right cuts. Apparently it's inevitable. According to
some people.

Speaker 3 (05:44):
There is growing commentary around the idea that the Reserve
Bank is completely and utterly cocked this up and they're
going to have to start cutting, cutting sooner than they thought.
So do remember, and this is important, that under the
current forecasts, the Reserve Bank is not expecting to cut
interest rates the cash rate your mortgage until next year.

(06:04):
Then we're starting to see the retail bank saying that's
not going to happen. We're talking novemb Now we're starting
to see August. So, in other words, you've gone from
next year to August. And the only reason you're starting
to have that commentary either they're all wrong, completely and
utterly wrong, and Adrian's right and he's the only one
that is right, or they're right and Adrian's wrong. Jared Kerr,

(06:24):
who's with Kiwi Bank, he says, not only are cuts
coming twenty five points ago. Once they start, they're going
to go bang bang bang bang, bang, bang bang bang.
How many bangs. Was that there was eight bangs, eight
cuts in a row. That's an indication that they blew it,
they over egged it, and now they're panicing. They got
to get back on track. So either Adrian's right or

(06:46):
Jared's right.

Speaker 2 (06:47):
Oh, I think we're all hoping Jared's right. Bang bang
time bang bang bang bang bang bang bang bang time
bang sounds like a fun time.

Speaker 1 (06:56):
The rerapp all.

Speaker 2 (06:57):
Right, So he's like about at least once a month
we get one of these stories or Mike gets hold
of one of these stories and you know, what can
you say?

Speaker 3 (07:05):
Teens involved in us? Why they're changing the law on justice.
So a team involved in a service station armed robbery
has got sixty five percent discount in court starting point
four years ten months. This is a Nauru Ruben sentenced
to four months home D four months bit of armed robbery,
but four months home D a loss of more than

(07:26):
fourteen thousand dollars in the robbery. This is at the
Thames Gull service station back in January of this year,
charged with aggravated robbery maximum prison term of fourteen years.
Was he going to get fourteen years? Of course he
wasn't unlawfully Also getting into a motor vehicle. So Judge
Denise Clark starting point of four years ten months, although
you can get fourteen years, she decided starting at four

(07:47):
years and ten months was a good place to be.
The Council Sasha Neppe successfully convinced her not to send
the team to prison. Judge Clark got to an n
jail term of eight months in prison, but because it
was a term of prison under two years, eligibly eligible
to be converted into home D. So you can see
why he is very clearly need to do something about that.

(08:09):
So the law that they want to pass still needs
to be passed through the house. Judge is restricted from
imposing no more than forty percent worth of discounts sixty
five percent in this cant why don't they just make
it a good, good old winter sale, make it ninety percent.
Why don't you make it ninety percent discount and you
have one free it comes into effect hopefully by next year.
And you cannot tell me, Judge Denise Clark, that a

(08:33):
sixty five percent discount for a bit of home D
for an aggravated robbery is acceptable than twenty twenty four
when you know what the community thinks about these things
so weird terminology.

Speaker 2 (08:46):
The discount is that what they use is there someone
of frequent customer loyalty card that you can get punched.
I mean, I know you can get punched. I do
want so, you know, because we're always told that a
lot of these kids come from, you know, terrible situations
at home, so it could mean that home detention is

(09:07):
a really their punishment for them. The rewrap right, let's
finish up with some cone more cone complaints? Is this
if we're going to get sorted or is it just
something that goes round and round and round like a
detour that goes back to the place where you start from.

Speaker 3 (09:24):
The bloke who is sort of semi in charge of
road cones. Yesterday we talked to Wayne Brown, the Mirror
of Auckland, who had done a report by E y
Ernstant Young into road cones and what they needed to
do was change the law and it wasn't on and
the incentive was there just to muck around and cost
us more and waste more time. Anyway, the bloke who's
in chargeable are the sort of the traffics tr fx

(09:46):
ix traffics like a rap artist. Really, isn't it that
sort of name. They've gone, Hey, why don't we call
ourselves traffic nah, traffics anyway, he said, the report's wrong.
The tm ttms are people who sort of subcontract their
temporary traffic manage contractors. They subcontract to the job that
at Auckland Transport are doing. His claim is at any

(10:10):
time Auckland Transport can say and do whatever they want.
They can review, they can approve. So what Wayne Brown
is doing yet again is blaming at probably correctly. But
the problem with the whole system is eighty doesn't care.
They're not interested in what an elected official has to say.
They do their own thing, so they review whatever they
want to do, and they just go to TTM and go, hey,
we want nine million road cones and we want sixteen

(10:31):
thousand people leaning on shovel and we'll have that go
for eighteen years please, and that'll cost us forty seven
billion dollars. He says, this bloke at TTM, he said,
and he makes a reasonable point to the extent that
everybody thinks. And he says there is a narrative, and
he's correct, there was a narrative in the media that
ttm's charged by the CONE when TTMS charge for staff

(10:53):
costs and truck to regionalite rate for the job. So
in other words, it's all part of the package. When
you hire the painter, you don't hire or pay for
paint brushes. You just hire the bloke to paint the house.
What he's saying is you hire us to do their
job and we've already got the cone. Whole cone per
hour thing is bollocks. My only advice to whom would
be if there is a narrative in the media that

(11:14):
doesn't correct, do something about it. Give me a call
and say, look, this is bollocks and we can correct it.
But because there is a genuine belief that they hire
out by the cone, and therefore the more cones they
put out, the more money spent. But clearly Wayne's having
a go at at at aren't listening. Therefore one can
Saturdays is to say, probably conclude that the report by

(11:34):
E Y sadly yet again is a waste of money.

Speaker 2 (11:36):
So if you are in charge of cones, you're head
of cones, you can see where this is going. Can
you see where this is going? Are you a cone head?
Not worth it shouldn't have gone there? There enough, let's
stop the podcast right there. Then, I am Glen Hart.
That was the rewrap, and I'll do more horrendous stuff
like that tomorrow. Come on, you know you love it

Speaker 1 (12:06):
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