September 2, 2024 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) How Did it Get Like This?/Don't Well-Meaning Letters Solve Everything?/How Much Is a Fog Cannon?/The Drug Business Is Going Great/There May Be Side Effects
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Speaker 1 (00:09):
You're listening to a podcast from News Talk SEDB. Follow
this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:25):
Rewrap There, Welcome to the Rewrap before Tuesday. All the
best that's from the Miclasking breakfast on News Talks EDB.
In a sillier package, I am Glen Heart. Today are
the Yesterday's Energy Letter, and we ever going to get
a sort of a bipartisan everybody gets together and solves
(00:46):
the energy prob them or not Michael Hill's security bill.
It's an interesting reading. While we're talking crime, drugs, the
state of that here in New Zealand, and while we're
talking drugs, a zempag we'll give you a little zempic
update as well. But before any of that rates, jeez,
(01:07):
it's from criminal.
Speaker 1 (01:08):
Isn't it?
Speaker 3 (01:09):
Would it surprise you to learn, small clue? It won't
that when it comes to rates, we pay a lot
of them. As it turns out, about double double the
OECD average. Councils here raised one point nine percent of
GDP through rates. The OECD average is one percent half.
So not just that, but this debilitating reality arrives at
a time when rates in most regions are being hiked
(01:30):
at record levels, of course, and are predicated on the
idea that all of a sudden there's a flurry of
business that desperately needs doing and they're tapped out anyway
and can't borrow any more money. Councils remain, if you
think about it, one of the few operators left who
seem to charge on a cost plus basis. But the cold,
hard and said reality is where the poor punter can
do virtually nothing about it because they are a monopoly.
The government arrived last week with suggested deals whereby if
(01:53):
you tone the money grab down you can enter into
an arrangement with central government for funding mechanisms. It also
came off the back of the Prime Minister, who of
course told councils to stick to basics and stop the wastage. Now,
the trouble with that was it went down like a
bucket of cold sick, indicating one they don't get it.
Unto it's little surprise they don't get it, and that's
why so many are in the mess they are. See.
(02:13):
I read a piece over the weekend. It was a
plea really from one beleagued hawks by council who claim
they have a mountain of work to do, and a
debt pile they simply can't afford, and the cold hard
reality that they are tapped out on debt and can
borrow not one cent more So, the OECD figures should,
of course be a matter of some shame and a
reason to upping in the way we do business and
(02:34):
basically get our act together. It won't happen. Of course.
Councils are driven by power and delusion, and they're in
the hands too often of the bewildered, the well meaning,
and the economically illiterate. There can be no other explanation
as to why so many of them never stop popping
the biller, always find more important work to do, and
never ever want to wake up to the waste that
(02:55):
they're responsible for in the damage they're doing. If anyone
else in your life was charging twice what the rest were,
you'd do something about it. You would feel rightly ripped off.
Things would change, acts would be tidied up. And yet
any bets here, I don't think so.
Speaker 2 (03:11):
I just don't understand where it went wrong with presumably
when it started out, you know, the councilors could afford
to do the things that councils do and now they've
got they haven't got a shit show without making us
pay through the nose for in our eight spells. Why
(03:31):
didn't what happened? I just don't. I just man, life's complicated.
So we wrapped yesterday, we get this letter. We're basically
all everybody's agreed that they need to do something about
the energy problem, although nobody seemed to quite agree on
exactly how to do it.
Speaker 3 (03:49):
It's the letter from the energy industry yesterday got less
coverage than the call last week for a bipartisan approach
to begin for structure. So I'm not sure what that means.
Did the media not notice the letter, or did they
notice the letter, not think promoting a bipartisan approach was useful,
or have we given up basically, given last week's call
fell apart. Basically, the moment got uttered publicly. I mean,
last week's call was a thirty year plan and new agency,
(04:11):
and the first thing that happened was Chris Hipkins pooh
pooed at, citing the treatment they got on light rail
and cycle bridges. Anyway, I think at least part of
the lesson is that it's easy to call for a
bipartisan approach, which is what the energy users are asking
for and indeed offering a few starters for ten, which
is what they do in their letter. That's not a
bad idea either. It's the next bit where things fall apart.
(04:32):
Is it possible we've become too divided a country? I mean,
we cite America and it's blocked and broken system as
the premier example of a country being unable to get
anything done. But are we any different? Think about it
last week infrastructure, this week energy and what's the outcome?
Infrastructure a party that canceled roads and build cycle ways
and bus lanes. The other party who canceled the bike
lanes and built the roads. A party that liked to
(04:55):
pay for project through debt versus a party that likes
PPPs and congestion charging the energy crisis. One party that
thought a sixteen billion dollar lake was the answer, another
that things gas should be looked for and coal should
be burned. The question, which is where a new agency
or more cohesive approach would come in, is where's the
middle ground? Where's the commonality? Trouble with this country like
(05:16):
America is we come at it from not only two
different sides, but with a very, very large gap to
close and a long held belief that we are right
and the other guys are out to lunch. But unlike America,
where you find moderate versions of Democrats and Republicans in
both parties, here you're not allowed to think outside your
parties mandates, far less actually vote against them. So the
conclusion would appear the train shall never meet because we
(05:39):
are black and white, and the answer isn't.
Speaker 2 (05:41):
I was actually saying that on my other very successful podcast,
news Stills have been this morning, that it is a
problem once you allowed too many people to have an
opinion about things. That means you're going to let a
lot of people who will find reasons not to do
things to have their say. And sometimes I don't know
that it's a great idea to let those people have
(06:02):
their Sayrap right now, this new coalition government, I cook
call them new. I mean they haven't been there quite
a year yet, so let's call them. I think they're
still allowed to be new for the first year, are they?
They don't feel as new as they did anyway, Get
on with that, Glenn, stop. You know I was gonna
say proliferating, not proliferating. What's the word I'm looking for pontificating.
(06:25):
I just did it again, all right, I can't remember
what I was talking about. Oh, that's right, Ram raids
and security and Michael Hill.
Speaker 3 (06:32):
Good and bad news. I mean Michael Hill's speaking of
the economy in general. So four point two percent increase
in revenue. I suppose that's good. They are in Canada
and of course Australia and New Zealand. The New Zealand
story not particularly good in jewelry down eleven point eight
percent decline in revenue. But here's the thing that really
gets me, and I hope we've flushed this through and
we're out the other side, because this has been plaguing
(06:54):
us for the last couple of years. So when you
talk about a result for a jeweler these days, you've
got to put in the crime component, as bizarre as
that may seem, crime once again cost them five million dollars.
The investment and security measures last year five million dollars.
(07:14):
You can't be a successful business when you've got that
sort of problem. Hopefully, what we've been hearing in the
last couple of months as regards the beat and of
course numbers slowly but surely fixing that up.
Speaker 2 (07:24):
How much does a fog Kennon actually cost? I wonder
is it a competitive market? Is there more than one
manufacturer of fog Kennon's or is it just you know,
acne fog at Kennon's is the only place you can
get one from. Maybe we need to have an inquiry
into fold Kennon prices. Am I reading too much into
the story? Perhaps I am the rewrap as we've been discussing,
(07:49):
you know, with the Michael Hell thing earlier. Crime costs,
but it also pays apparently, especially if you're selling drugs
to people. I'm talking about illegal drugs.
Speaker 3 (08:00):
Mike, I am sure if you would have seen it,
but there was an excellent item on three News last
night regarding the drug industry in this country. It was
good and into what the police are dealing with. There
have been some very promising signs over the last couple
of weeks, which we should celebrate and commend our police for. However,
this is definitely a marathon and not a sprint. It's
funny you should raise that, and I'd forgotten to because
(08:20):
I was going to, but it was on TV three
and it was a fantastic insight and they talked to
the head of one of the drug operators in terms
of the police, and what worried me about it was
the good side was just how effective the police have
been in terms of infiltrating these guys and closing them down.
(08:41):
The downside of the story was they've infiltrated and this
is stuff you've never heard of before. This was I mean,
I got me yet to the ground on this sort
of stuff. I'd never heard of half of it. I mean, yes,
we got the commentarios last week and the Headhunters or
whoever they were in fifteen million dollars worth of business
in Auckland. He just reeled off list after list after
list after list of these endless number of groups who
(09:03):
planted people into the country from offshore, and they've closed
down ring after ring after The drug business in this
country is frighteningly large, and it's a good news story,
but also sadly it's a bad news story.
Speaker 2 (09:15):
You think the officer in charges of the police's antie
drugs operations was stuck to hear Mike referred to her
as the head of the drug operation. I mean that's
good under cover work, you know, once you convince everybody.
Speaker 1 (09:38):
That you're there isn't it the rewrap?
Speaker 2 (09:40):
Okay? Speaking of drugs, Mike's favorite one recent and recent
times has been as impact. I don't think he's on it.
Oh my god. He doesn't hear completely at etock it,
but he seems to be weirdly obsessed with it.
Speaker 3 (09:51):
Reports this morning, indeed in the Journal of the American
College of Cardiology, which I subscribe to. No, I don't
a zimpic. If you take it, not only are you
losing weight, you're less likely to die of COVID and
indeed supper adverse effects there seems to be the more
they into a zimpic and would go be, the more
things it does. Started out with diabetes, then they worked
(10:13):
out you could lose a lot of weight. Then it
had some sort of heart benefits. As of the other
day that I was reading, Now, if you get COVID,
you're fine.
Speaker 2 (10:19):
Aren't yours? When we were talking about recently that you're
also more likely to get pregnant with a ZIMPA. Yeah,
I think so. It's been an unintended side effect.
Speaker 3 (10:28):
Yes, you did too, You're quite right. I don't think
in men. I don't think they've.
Speaker 2 (10:31):
Gone I didn't know that that drilled down on time.
Speaker 3 (10:34):
Maybe the differentiated Maybe they haven't got to that part
yet five minutes away from nine.
Speaker 2 (10:38):
Actually, maybe you might be less likely because apparently it
may cause a rect old's function as well.
Speaker 3 (10:45):
So it always a good news badles function. But you
know you're not going to die of COVID and you've
lost weight.
Speaker 2 (10:55):
Or I feel like by the time you get to
the point where you're thinking, perhaps a bit of a
zepp would help with your lifestyle, whether a rectile is
functioning or not is not as important anymore? Is that
just me? Should we stop talking about this now? Probably
(11:19):
I am being hot? There was the rewrap we bet
with more ride up to the line, comments like that tomorrow.
It wasn't that up to the line, was it? Yeah,
that's It's the kind of thing that you can probably
expect them. You even never know what's going to happen. Really,
but I'll see at the need.
Speaker 1 (11:43):
For more from News Talks B listen live on air
or online, and keep our shows with you wherever you
go with our podcasts on iHeartRadio.
You're listening to a podcast from News Talk SEDB. Follow
this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:25):
Rewrap There, Welcome to the Rewrap before Tuesday. All the
best that's from the Miclasking breakfast on News Talks EDB.
In a sillier package, I am Glen Heart. Today are
the Yesterday's Energy Letter, and we ever going to get
a sort of a bipartisan everybody gets together and solves
(00:46):
the energy prob them or not Michael Hill's security bill.
It's an interesting reading. While we're talking crime, drugs, the
state of that here in New Zealand, and while we're
talking drugs, a zempag we'll give you a little zempic
update as well. But before any of that rates, jeez,
(01:07):
it's from criminal.
Speaker 1 (01:08):
Isn't it?
Speaker 3 (01:09):
Would it surprise you to learn, small clue? It won't
that when it comes to rates, we pay a lot
of them. As it turns out, about double double the
OECD average. Councils here raised one point nine percent of
GDP through rates. The OECD average is one percent half.
So not just that, but this debilitating reality arrives at
a time when rates in most regions are being hiked
(01:30):
at record levels, of course, and are predicated on the
idea that all of a sudden there's a flurry of
business that desperately needs doing and they're tapped out anyway
and can't borrow any more money. Councils remain, if you
think about it, one of the few operators left who
seem to charge on a cost plus basis. But the cold,
hard and said reality is where the poor punter can
do virtually nothing about it because they are a monopoly.
The government arrived last week with suggested deals whereby if
(01:53):
you tone the money grab down you can enter into
an arrangement with central government for funding mechanisms. It also
came off the back of the Prime Minister, who of
course told councils to stick to basics and stop the wastage. Now,
the trouble with that was it went down like a
bucket of cold sick, indicating one they don't get it.
Unto it's little surprise they don't get it, and that's
why so many are in the mess they are. See.
(02:13):
I read a piece over the weekend. It was a
plea really from one beleagued hawks by council who claim
they have a mountain of work to do, and a
debt pile they simply can't afford, and the cold hard
reality that they are tapped out on debt and can
borrow not one cent more So, the OECD figures should,
of course be a matter of some shame and a
reason to upping in the way we do business and
(02:34):
basically get our act together. It won't happen. Of course.
Councils are driven by power and delusion, and they're in
the hands too often of the bewildered, the well meaning,
and the economically illiterate. There can be no other explanation
as to why so many of them never stop popping
the biller, always find more important work to do, and
never ever want to wake up to the waste that
(02:55):
they're responsible for in the damage they're doing. If anyone
else in your life was charging twice what the rest were,
you'd do something about it. You would feel rightly ripped off.
Things would change, acts would be tidied up. And yet
any bets here, I don't think so.
Speaker 2 (03:11):
I just don't understand where it went wrong with presumably
when it started out, you know, the councilors could afford
to do the things that councils do and now they've
got they haven't got a shit show without making us
pay through the nose for in our eight spells. Why
(03:31):
didn't what happened? I just don't. I just man, life's complicated.
So we wrapped yesterday, we get this letter. We're basically
all everybody's agreed that they need to do something about
the energy problem, although nobody seemed to quite agree on
exactly how to do it.
Speaker 3 (03:49):
It's the letter from the energy industry yesterday got less
coverage than the call last week for a bipartisan approach
to begin for structure. So I'm not sure what that means.
Did the media not notice the letter, or did they
notice the letter, not think promoting a bipartisan approach was useful,
or have we given up basically, given last week's call
fell apart. Basically, the moment got uttered publicly. I mean,
last week's call was a thirty year plan and new agency,
(04:11):
and the first thing that happened was Chris Hipkins pooh
pooed at, citing the treatment they got on light rail
and cycle bridges. Anyway, I think at least part of
the lesson is that it's easy to call for a
bipartisan approach, which is what the energy users are asking
for and indeed offering a few starters for ten, which
is what they do in their letter. That's not a
bad idea either. It's the next bit where things fall apart.
(04:32):
Is it possible we've become too divided a country? I mean,
we cite America and it's blocked and broken system as
the premier example of a country being unable to get
anything done. But are we any different? Think about it
last week infrastructure, this week energy and what's the outcome?
Infrastructure a party that canceled roads and build cycle ways
and bus lanes. The other party who canceled the bike
lanes and built the roads. A party that liked to
(04:55):
pay for project through debt versus a party that likes
PPPs and congestion charging the energy crisis. One party that
thought a sixteen billion dollar lake was the answer, another
that things gas should be looked for and coal should
be burned. The question, which is where a new agency
or more cohesive approach would come in, is where's the
middle ground? Where's the commonality? Trouble with this country like
(05:16):
America is we come at it from not only two
different sides, but with a very, very large gap to
close and a long held belief that we are right
and the other guys are out to lunch. But unlike America,
where you find moderate versions of Democrats and Republicans in
both parties, here you're not allowed to think outside your
parties mandates, far less actually vote against them. So the
conclusion would appear the train shall never meet because we
(05:39):
are black and white, and the answer isn't.
Speaker 2 (05:41):
I was actually saying that on my other very successful podcast,
news Stills have been this morning, that it is a
problem once you allowed too many people to have an
opinion about things. That means you're going to let a
lot of people who will find reasons not to do
things to have their say. And sometimes I don't know
that it's a great idea to let those people have
(06:02):
their Sayrap right now, this new coalition government, I cook
call them new. I mean they haven't been there quite
a year yet, so let's call them. I think they're
still allowed to be new for the first year, are they?
They don't feel as new as they did anyway, Get
on with that, Glenn, stop. You know I was gonna
say proliferating, not proliferating. What's the word I'm looking for pontificating.
(06:25):
I just did it again, all right, I can't remember
what I was talking about. Oh, that's right, Ram raids
and security and Michael Hill.
Speaker 3 (06:32):
Good and bad news. I mean Michael Hill's speaking of
the economy in general. So four point two percent increase
in revenue. I suppose that's good. They are in Canada
and of course Australia and New Zealand. The New Zealand
story not particularly good in jewelry down eleven point eight
percent decline in revenue. But here's the thing that really
gets me, and I hope we've flushed this through and
we're out the other side, because this has been plaguing
(06:54):
us for the last couple of years. So when you
talk about a result for a jeweler these days, you've
got to put in the crime component, as bizarre as
that may seem, crime once again cost them five million dollars.
The investment and security measures last year five million dollars.
(07:14):
You can't be a successful business when you've got that
sort of problem. Hopefully, what we've been hearing in the
last couple of months as regards the beat and of
course numbers slowly but surely fixing that up.
Speaker 2 (07:24):
How much does a fog Kennon actually cost? I wonder
is it a competitive market? Is there more than one
manufacturer of fog Kennon's or is it just you know,
acne fog at Kennon's is the only place you can
get one from. Maybe we need to have an inquiry
into fold Kennon prices. Am I reading too much into
the story? Perhaps I am the rewrap as we've been discussing,
(07:49):
you know, with the Michael Hell thing earlier. Crime costs,
but it also pays apparently, especially if you're selling drugs
to people. I'm talking about illegal drugs.
Speaker 3 (08:00):
Mike, I am sure if you would have seen it,
but there was an excellent item on three News last
night regarding the drug industry in this country. It was
good and into what the police are dealing with. There
have been some very promising signs over the last couple
of weeks, which we should celebrate and commend our police for. However,
this is definitely a marathon and not a sprint. It's
funny you should raise that, and I'd forgotten to because
(08:20):
I was going to, but it was on TV three
and it was a fantastic insight and they talked to
the head of one of the drug operators in terms
of the police, and what worried me about it was
the good side was just how effective the police have
been in terms of infiltrating these guys and closing them down.
(08:41):
The downside of the story was they've infiltrated and this
is stuff you've never heard of before. This was I mean,
I got me yet to the ground on this sort
of stuff. I'd never heard of half of it. I mean, yes,
we got the commentarios last week and the Headhunters or
whoever they were in fifteen million dollars worth of business
in Auckland. He just reeled off list after list after
list after list of these endless number of groups who
(09:03):
planted people into the country from offshore, and they've closed
down ring after ring after The drug business in this
country is frighteningly large, and it's a good news story,
but also sadly it's a bad news story.
Speaker 2 (09:15):
You think the officer in charges of the police's antie
drugs operations was stuck to hear Mike referred to her
as the head of the drug operation. I mean that's
good under cover work, you know, once you convince everybody.
Speaker 1 (09:38):
That you're there isn't it the rewrap?
Speaker 2 (09:40):
Okay? Speaking of drugs, Mike's favorite one recent and recent
times has been as impact. I don't think he's on it.
Oh my god. He doesn't hear completely at etock it,
but he seems to be weirdly obsessed with it.
Speaker 3 (09:51):
Reports this morning, indeed in the Journal of the American
College of Cardiology, which I subscribe to. No, I don't
a zimpic. If you take it, not only are you
losing weight, you're less likely to die of COVID and
indeed supper adverse effects there seems to be the more
they into a zimpic and would go be, the more
things it does. Started out with diabetes, then they worked
(10:13):
out you could lose a lot of weight. Then it
had some sort of heart benefits. As of the other
day that I was reading, Now, if you get COVID,
you're fine.
Speaker 2 (10:19):
Aren't yours? When we were talking about recently that you're
also more likely to get pregnant with a ZIMPA. Yeah,
I think so. It's been an unintended side effect.
Speaker 3 (10:28):
Yes, you did too, You're quite right. I don't think
in men. I don't think they've.
Speaker 2 (10:31):
Gone I didn't know that that drilled down on time.
Speaker 3 (10:34):
Maybe the differentiated Maybe they haven't got to that part
yet five minutes away from nine.
Speaker 2 (10:38):
Actually, maybe you might be less likely because apparently it
may cause a rect old's function as well.
Speaker 3 (10:45):
So it always a good news badles function. But you
know you're not going to die of COVID and you've
lost weight.
Speaker 2 (10:55):
Or I feel like by the time you get to
the point where you're thinking, perhaps a bit of a
zepp would help with your lifestyle, whether a rectile is
functioning or not is not as important anymore? Is that
just me? Should we stop talking about this now? Probably
(11:19):
I am being hot? There was the rewrap we bet
with more ride up to the line, comments like that tomorrow.
It wasn't that up to the line, was it? Yeah,
that's It's the kind of thing that you can probably
expect them. You even never know what's going to happen. Really,
but I'll see at the need.
Speaker 1 (11:43):
For more from News Talks B listen live on air
or online, and keep our shows with you wherever you
go with our podcasts on iHeartRadio.
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