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June 15, 2026 13 mins

THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast)Not a Good Deal, But.../Or Am I Just Deranged?/Will We Ever Retire/Labour Has Policies. Not Good Ones, But...

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Speaker 1 (00:09):
You're listening to a podcast from News Talk said b
follow this and our wide range of podcasts now on
iHeartRadio The Rewrap.

Speaker 2 (00:22):
Okay there and welcome to the Rewrap for Tuesday, all
the best bets from the mIRC Hosking breakfast on News
Talk said, be in a sillier package, Irom Glen Hart
and today Trump derangement syndrome. Have I got it? Are
we ever going to be able to retire any of
us and a couple of labor policies to make fun off?

Speaker 1 (00:44):
Really?

Speaker 2 (00:46):
So we'll do that at the end of the podcast.
But let's start with this deal. I mean it's a deal.
We've got a deal, good deal or just a deal.

Speaker 3 (00:56):
So we got there, didn't we We've got a deal
of runners over back to normality. Like most wars, you
can spin it any way you want. In this case,
the part that relief plays is not to be underestimated.
This came out of course, of nowhere on a Saturday
morning when apparently NETANYAHUO and Rupert Murdoch, if you believe
the story, said you will never get a better chance.
Donald all the heavyweight to meeting in the one place.

(01:17):
Go get them broadly. It's been downhill for the American
since the deal. If you look at Trump's video in
that Fateful Day, tells us it'll be over quickly and
the people can rise up and take their country back.
Neither were true. The key line for Trump is now
the nuclear weapon. Of course, they didn't have one anyway,
But whether this deal prevents one for eternity is not reallyswered,
given an eternity is longer than a deal, and certainly

(01:40):
longer than a Trump presidency. Like most wars, it had complications.
We only really became interested if it concerned the Strait,
and that suddenly became part of it. I mean, cut
off the oil and the world shutders. Hopefully secondary pipelines
and alternative supply chains will be a permanent feature moving forward,
relying on this part of the world. Clearly as madness
net Yahoo is the biggest loser, his dreamers and tatters,

(02:02):
he pretty much achieved nothing. Lebanon's still a thing. Iran
are still a thing. In fact, you could argue a
run one of the real winners. They survived, they get
to well rebuild money. There's no revolution. The Strait can
still technically be closed. They don't mind being bombed as
much as the West might have thought they would. It's
hard to avoid the conclusion that this is yet another
piece of American military adventurism that turned to custard. What

(02:25):
they thought would happen didn't or anywhere close over quickly.
No regime change, no revolution, no nuclear threat mitigated. Maybe
when that's your brightest talking point. In totality, this has
been a failure.

Speaker 2 (02:39):
Yeah, it's like I was saying the other day, I
don't think you can take credit for ending a war
that you started. I don't really think that's a thing.
The rewrap or am I just suffering from the old
TDEs because of course it said as you say anything
even remotely critical about the Trump administration, this happens.

Speaker 1 (03:00):
Mike.

Speaker 3 (03:01):
I feel you need to target a little more balance
on the people you interview on Trump. They're one hundred
percent anti Trump, and that's not just the right balance
of the people on that. Because I was thinking about that.
Whenever somebody comes on this program and bags Trump, everyone
texts me and go, yeh, you're anti Trump on a
Trump's scale. I'm broadly neutral depositor, probably more positive than neutral.
There's a lot about Trump.

Speaker 2 (03:21):
I like.

Speaker 3 (03:22):
I like the way he galvanized people. I like he's
one of the modern world's great marketers. He's a fantastic
success story in a number of areas. But on this
he's a failure. He's an abject failure. And if you
look at it neutrally, which I do, you can't possibly
argue he's done anything good. He hasn't done a damn thing.
He might, at a stretch be able to argue that

(03:44):
their ability to get to nuclear status has been further curtailed,
but that's it. There's been no revolution, No one's risen
up and done anything. He's bonmbed. The beags is out
of a place, and they're still standing. He's bug at
the global economy. He's stuck on the strait. He didn't
see it coming. He cocked it up. You can't see

(04:07):
it any the way unless you're blind.

Speaker 2 (04:11):
Also, I challenge the people who, especially the New Zealanders,
who seem determined to email and text in with their
blind and flinching loyalty to Trump and accuse us of

(04:33):
having Trump arrangement syndrome. Sometimes I would challenge them to
listen to and to watch as much Trump as I
have to doing this job, because when you are monitoring
one of his appearances where he just talks for you know,
more than an hour at a time and waffles on
and literally sounds like somebody who's just you know, sitting

(04:55):
next to the lunch room at an old people's home.
When you listen to that, and you try and tell
me that that guy's got any idea what he's doing.
And also I would just watch them. If you are
a Trump fan, I want you to go and look
at the video of him getting out of the car

(05:15):
and walking into the venue to meet Macron this morning
and France, and you tell me that that guy's got
it all going on the way that his doctors keep
telling us he has. Because anyway, a rerap am I
saying that somebody who's just turned eighty is too old

(05:36):
to still be working, especially working as the leader of
the free world.

Speaker 3 (05:41):
Maybe so Donald celebrated yesterday's eightieth and I read a
stat that he's not alone and still having work to
go to. So the retirement age in America is sixty seven, right,
But the percentage of those here's the stat The percentage
of those that still work past that age of sixty
seven has quadrupled since the eighties, so a couple of
things out of that one. It's often presented as a

(06:02):
need as opposed to a want. In other words, you
need to work, not because you want to, and I
think that's increasingly not true, and to it is presented
it as some sort of oddity. In other words, the
reportage of the facts and changing stats reflects another time
and not the current one. And the current one is
one in which people work because we have discovered it's
good for us. It's like exercise, which we've also discovered
as good for us in recent decades, and we've turned

(06:23):
it into an industry. See, people like to do what's
good for them, and they keep doing it once they've
discovered that it's good for them. The reportage is based
on the idea that works some sort of chore it
needs to be done to earn the money to pay
for your cost of living. So in many cases there's
no such set. That's not true anymore. It's about connection
and challenge, it's about fun. In Trump's case, it's about power.
That's why Rod Stewart still performs. He doesn't have to.

(06:45):
He wants to. Trump wants to rule the world. Doesn't
happen you know doesn't stop at sixty seven. Further, I
think this is probably part of the changing landscape as well.
Young people aren't what they once were, and as such,
experience is increasingly valued. Old people are not the burden
they were once seen as. In fact, they are increasingly
not even seen as old. Old to me is eighty plus,
kill me if you want it, but eighty plus generally

(07:05):
something cognitive happens post eighties. You can be sixty seven,
sixty four to seventy one, or seventy eight and be sprightly, fit,
in cohesive and effective in the workplace or not. But
post eighties something sort of metaphysical tends to unfold in
the ensuing period. The idea that you stop work, say
mid sixties, like we used to to play bowls or
golfer up to thirty years is absurd. Further, this trend

(07:26):
is going to increase because today's eighty year olds come
from a generation of little exercise, little attention to diet,
not a lot of medical advancement. Someone twenty today is
going to crack one hundred with increasing regularity, and as
Nightfallow's day, we'll want the enjoyment and challenge to work.
And I will tell you this for nothing. It will
be a very very good day when it's reported as
perfectly normal as opposed to some sort of emerging trend.

Speaker 2 (07:48):
I I mean, I've said it before, but all I've
ever wanted to do is retire. Can we please make
that happen. It's all I want to do is to
not go to work anymore. And anybody else says anything different,
I don't understand them. The rewrap right, So Labor they

(08:08):
seem to be releasing policy in dribs and drabs, some
of them almost secretly. We'll get to that in a minute.
But first up, Yeah, last week's public transport thing.

Speaker 3 (08:20):
Would it surprise you to learn this morning that the
chances of the Labor Party being right on that bus
thing they announced last week capping it at twenty bucks
in aalk and Wellington christ to ten bucks everywhere else.
Would it surprise you to learn that the number they
said it would cost Ie sixty five million dollars is
probably wrong after the economists got to it. So Brad
Olsen has come to the party this morning as regards

(08:41):
the bus stuff, along with Sam Warburton as economists as well.
So Labor claims the bus CAP's going to be sixty
five million dollars a year. Brad and Sam think it's
more like ninety one to one hundred and twelve. And
it comes off the back of Barbara edmonds appearance on
this program yesterday. I haven't got to Ginny Anderson yet
in her announcement, and I used the word announcement very loosely.
In the education sector. Wait till you hear the details

(09:03):
and the story. It's sad and funny all at the
same time. But back to Barbara, she shocked. She didn't
shock me, she disappointed me. We don't deal with people
like Barbara on the program very often, and I think
increasingly less until the rules cut in, because if they're
going to come on this program and waste our time
with the nonsense we got yesterday, why bother. We've got
other things to do. When you asked a simple question,

(09:24):
where do you find eleven billion dollars and you can't
answer it, then why do I need to have you.

Speaker 2 (09:29):
On plade a very conservative figure that we've estimated keple
gains tax off.

Speaker 3 (09:35):
Yeah see they said three or four percent. So this
year property's not going up three or four percent. Last
year it didn't go up three or four percent. The
year before it didn't go up three or four percent.
Next year is probably not going to go out three
or four percent. So there's your four year window. Nothing's happened.
So where do they get their money from? The capital
gains tax? And that's what you're dealing with. But as
I asked yesterday also on the program, do people care.

(09:56):
Maybe you just hate the government and you want labor
back in. You don't care what happens. Go ask the
poems and Sakya Stama. They planted him an office and
they thought he was a good thing until he.

Speaker 2 (10:05):
Was Oh yes, it sounds like Mark's got a nasty
case of of labor derangement syndrome there. I mean, you
can say that about anything that you don't agree with,
can't you the rewrap the buses, the cheap buses? That's
not all labour's got up at sleeve, apparently, although the

(10:27):
question has to be asked if a policy drops in
an election campaign and there's no one there to hear it.

Speaker 3 (10:33):
Can't wait to catch up with her tomorrow. What's going
on here? So part one of the story. Jinny Anderson
was at a function the other night along with David
Seymour and Erica Stanford, and they were talking about education generally.
She said on stage at this event that she would
cancel mandated testing for Primary AIGE students. Now, this mandated
testing only came in three and a half minutes ago.
It's a government policy and it's designed so that parents

(10:53):
can work out whether you kid can read and write
and do stuff at school. It's good news. Now, Jinny's
entitled to cancel it because that's a policy. And you
can argue that it's a dumb policy, and I argue
it's a very dumb policy. But in an election year,
you are entitled to argue your case. So they took
everyone by surprise. The next part of the story that's
even more I mean, because all of this is driven

(11:14):
by the unions. Of course, the unions run labor and
the unions don't want to be held to account, and
god forbid, you actually find out whether a kid can
read and write or not, So you want to cancel
all of those tests immediately. So anyway, somebody goes up
to Anderson and goes, this is the policy, and she
goes yes, And then they go to the Labor Party
and they goes this the policy, and they go, yeah,
it's already been announced, and so they then go and

(11:36):
look for the announcement. There wasn't an announcement. There hasn't
been an announcement. So then they go, well is this
policy or not and they go, yes, it is been announced.
And where was it announced and they say, well, it
was on Ginny Substack. Now Jinny substack has got one
hundred and fifteen subscribers, so there are one hundred and

(11:57):
fifteen even if they'd read it, there's one hundred and
fifteen people ahead of the rest of us. I mean, honestly,
between Barbara and this, why don't you just give up?
I've told you all the year this is a foregone conclusion,
this election and Labor and not helping themselves at this
particular point in time.

Speaker 2 (12:16):
Yes, and I think, as we've discussed for a while now,
I get the feeling that Labor that they are an
ideas party, and there's nothing wrong with that, but you've
got to make the ideas meet reality. And so just
because you have a policy doesn't mean that anybody's heard

(12:40):
of it or seen it. You can't just wish it
into existence. You've actually got to, you know, put it
out there, and I feel there's a symptomatic of a
wider issue of the difference between the ideals and philosophies
of the Labor Party and the real world. And if

(13:05):
they can bridge that gap, maybe we've we've got something there.
But I haven't seen it yet. I am and I
don't know anything about reality myself, but I've heard about it.
Sounds like a terrible place. I don't wish to go there.
Hopefully I won't have to tomorrow. I'll see you in.

Speaker 1 (13:29):
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