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March 5, 2025 • 13 mins

THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) You've Gotta Laugh, Don't You?/Meanwhile, In Other Resignation News/Trump's Facts Checked

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Speaker 1 (00:09):
You're listening to a podcast from News Talk sed B.
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Speaker 2 (00:24):
Rewrap.

Speaker 3 (00:26):
Then welcome to the Rewrap for Thursday. All the best
that's from the mic Husking Breakfast on Newstalks EDB in
the Sillier Package. I am Glenn Hard and today the
White Tonguing Tribunal is one member short. Now because ch
Prebble's scarfard, we're going to fact check some Trump facts.

(00:47):
Use the term facts loosely.

Speaker 4 (00:51):
For you.

Speaker 3 (00:52):
And but first up, Yeah, speaking of people scarfing Adrian Or,
here's the what do you call it? An obituary?

Speaker 5 (01:01):
The fact Adrian Or is leaving is of course excellent.
It shows a level of accountability and responsibility for what
has been a ruinous period for the New Zealand economy.
The receipts and reviews are in the story. As stark,
we've been hit harder than any other country in the OECD.
We had three recessions. Most countries, as a result of
their COVID plan had none. Grant Robinson carry some of

(01:21):
the blame, of course. He does one encouraging and endorsing or,
but two more dangerously reappointing him so close to the
last election. The new government could have should have sacked Or,
although that would have said a fairly disturbing president given
the governor supposed to be neutral. Or made the governor's
job though a household fascination. Yes, Don Brash got well known,
but really only when he went political. The others came

(01:42):
and went. I met Alan Bollard, I might have interviewed
him a couple of times over the year. Spencer Russell.
In fact, before Spencer Russell, who you also have never
heard of, the job was called the chief Cashier. Russell
was your first governor. Anyway, the upside of COVID and
are was we at last took an interest, didn't we
We had a view. We knew about cash rates and
inflation and quantitative easing, but we learned the hard way.

(02:04):
We paid an enormous price. In fact, were still paying
the price. Or has years to run on his cor contract.
And clearly the pressure was on the government's currently negotiating
a budget with the bank, and I assume they were
twisting arms hard behind the scenes. The bank staffing numbers
by the way, a balloon or has come across, of
course as haughty and arrogant, unable to really express any
level of regret if in fact he has any at all,

(02:25):
for the damage he's done. Giving banks money for free
and not putting restrictions on where that money went was
the height of incompetency, still handing out money when we
all knew that a lot of what we thought would
happen during COVID didn't. That was a scandal. The onerous
banking restrictions he placed on the retailers with his just
in case thinking was needlessly restrictive. The conclusion has to
be that although everyone flew blind during COVID, no one

(02:48):
flew more blind than us, and no one was led
by a more ideologically driven fiscal ransacker than Adrian Or well, I.

Speaker 3 (02:56):
Yes, at least you could say he'll be remembered. Suppose
made an impair, we rewrapped anyway, Should we have a
listen to some of those impacts as they impact a.

Speaker 5 (03:08):
Little bit now yesterday? What was going to happen to Adrien?
Or chances are is never going to be on the
program again. Fortunately when he did turn up, it was
always interesting impression.

Speaker 6 (03:20):
So far, there are a lot of challenges well identified.
We're just going to have to roll with it.

Speaker 4 (03:36):
We don't have the tools, and we shouldn't be in
a position of saying who gets what? We are in
a much better position when you have had at this
time last year.

Speaker 5 (03:44):
How can we argue the economy is good when it's
barely out of recession? Yeah?

Speaker 4 (03:49):
I think you know, probably, I'll take the emotional work
good out of the way. We are through this incredibly
volatile period.

Speaker 5 (03:56):
Do you have any clue? Does anybody have any clue?
When it ends?

Speaker 6 (04:01):
Well?

Speaker 2 (04:03):
No?

Speaker 5 (04:04):
Have you engineered a soft lending? In other words, you've
learned to the seven four seven on a dime. You
know it's going to be for your heart a shadowed.

Speaker 3 (04:21):
I was torn?

Speaker 5 (04:23):
Are you disappointed? We are here?

Speaker 7 (04:28):
I gladly expected to be here.

Speaker 5 (04:30):
You cannot do anything more than you've done except completely
stuffy economy by going to five seven five or even
sexual threatening to while all these other idiots out there
don't care. Yeah, it's a three trucker.

Speaker 7 (04:52):
Inflation, Inflation expectations and priceding behaviors are now consistent.

Speaker 4 (05:01):
We can't drive mnitary policy through the rear vision.

Speaker 5 (05:03):
Of right if their value is fifty seven US and
forty five P. What's that tell you about New Zealand
economy and the country.

Speaker 7 (05:14):
Well, that's that's right. If we get significant global inflation
come back again, we're going to wear it.

Speaker 5 (05:24):
Do you carry any responsibility do you think for the
number of people who are packed up and left because
we're buggered and you.

Speaker 7 (05:32):
Buy monetary policy. We focus on low and stable inflation.
That's all we can provide.

Speaker 5 (05:41):
Surely we can go to New Zealand on here and
get a comedy grant out of that. Adrian Or on
the my asking breakfast.

Speaker 3 (05:46):
Now, I was literally in the middle of making dinner
last night. It's quite a complicated dinner, a sort of
a Japanese inspired beef steak with a sesame seasons potato
and a rose sesame dressing. Sounds fancy, doesn't It was

(06:09):
literally from my food there, but was still complicated.

Speaker 7 (06:14):
All right.

Speaker 3 (06:15):
Anyway, I've got to get this email in the middle
of it from producer Sam saying, oh yeah, Mike's mentioned
that you would quite like a collection of highlights of
when we've talked to Adrian or over the years, and
can you set it to music? So anyway, that's what

(06:35):
I threw together.

Speaker 6 (06:36):
A rerap.

Speaker 3 (06:37):
All right. So now that Richard Prebble has left the
White Tonguy Tribunal. Where exactly does that leave the White
Tangy Tribunal overall?

Speaker 5 (06:48):
Richard Prebble, I think is to be congratulated on quitting
the White Tangy Tribunal. We talked of this yesterday briefly.
There's an argument that says he was appointed for a reason.
That reason might be the alarm with which the current
government views the tribunal. Get someone in there to right
the ship. Those within the ship might be celebrating what
was seen as trouble when the appointment was made. You
can also argue that you can't change if you aren't

(07:09):
in the room. There's the counter argument. And if everyone
in the room makes a Prebble like decision, the inmates
will carry on more happily with the running of the asylum.
But on principle, I think Prebble is right, and I
like people driven by principle. I mean, it's easy to
take the cushy job or to collect the pay while
pretending your presence makes some sort of difference. In reading
Prebble's piece yesterday, and if you haven't, you should, it

(07:30):
is very clear that he has worked out that the
place is so jacked up he won't make a job
of difference, which leaves us with those who can. As
I have argued Lord knows how many times now over
the years, the Tribunal these days is dangerous. Their worldview
suited the Labor government, and the ensuing reinterpretation of the
treaty allowed them and the public service to run wild
with any number of money wasting, time sapping energy draining exercises,

(07:54):
all run under the misunderstanding that Marai need a completely
different deal than non Mari. We are not one country,
we are too. This current government had and campaigned on
a more realistic view, namely that the Tribunal is guilty
of massive over Each is wasting a lot of time.
I'm writing a lot of reports that are not legally
binding and in layman's terms, making it up as they
go along. The legitimate duties i e. Historic grievance are

(08:17):
with the old extreme exception long since dealt to, and
the ongoing work is artistic dabbling at best. What's holding
this government up? I got no idea, but no. Small
part of the last election, increasingly distant in the rearview
mirror now was race and race relations and the broad
sense that the morrification of this place was too ropy.
The tribunal needs winding up, and before it's wound up,

(08:38):
it needs a rocket of reality and a kick in
the jacksy. They've had none of that, which plays sadly
into the narrative that this government does a lot of
talking not a lot of doing, which, like a resignation,
plays nicely into the hands of the agitators.

Speaker 3 (08:50):
So yeah, a tale of two resignations there, basively, I
think so Mike's in favor of both resignations, but for
completely different reasons.

Speaker 4 (09:01):
I think that's why still rewrap.

Speaker 3 (09:03):
Right, and we're going to keep the hybriduction values going
in today's podcast. Now, I can't really take credit for
this an expert, because Sam Acley put it together. I
just watched play.

Speaker 5 (09:14):
Quite the watch, lengthy and assortab I thought as I
was watching at a Kestro Gaddafi type profession heading towards
two hours. Anyway, I had a lot of guests and
heroes he had stand up and take applause. Some of
them were really cool. There was a lot of applaus
for him. Of course, he trolled the Democrats, even had
a genuinely funny line I thought for Bobby Kennedy. But
how much of what Trump did yesterday in front of
the Joint House was actually effectually true CNN's chicker Daniel Dale.

Speaker 8 (09:37):
President Trump was believed or not marginally more careful with
the facts tonight than he usually is. But by the
standard of any politician in Washington who is not Donald Trump,
that was still an extremely dishonest speech. I counted at
least thirteen flat false claims, and that is a preliminary
count that doesn't include a whole bunch of additional misleading
or uncorroborated claims. He for example, repeated his false claim

(09:59):
that foreign countries like China pay his tariffs, though Americans
make those teriff payments. He wildly exaggerated figures on inflation
and immigration under President Biden. He claimed to have terminated
something called the Green new scam, even though the Green
New Deal Congressional Resolution was never actually passed, and Trump
has not repealed the big environmental law that President Biden
did pass. But now I want to go into detail

(10:20):
on an important and eye catching claim that was highly misleading.
The President talked at length about millions of people being
listed as alive in a Social Security database, even though
they're obviously dead. I've spoken to conservative experts about this claim,
and they've noted that the President is leaving out something
absolutely critical to understanding this issue. Here's what he failed
to explain. These numbers are not the numbers of dead

(10:41):
people who are actually getting paid Social Security checks. Trump
was referring to a legitimate problem with some debts not
being marked in the Social Security database. But that doesn't
mean people at listed as being one hundred and fifty
two hundred three hundred are actually getting money. And that's
because Social Security already has a system in place to
automatically cut off people who are listed as being one
hundred and fifteen or older. Now, two years ago, when

(11:02):
Inspector General looked into this, she found there were about
nineteen million people one hundred or older who were not
marked as deceased. But critically, she also found that only
forty four thousand of these people were actually receiving payments,
And one conservative expert told me even those forty four
k are likely legit payments since at the time there
were about eighty six thousand living Americans age one hundred
or older. Now, let's listen to something the presidents said

(11:25):
about the war in Ukraine.

Speaker 2 (11:26):
Europe has sadly spent more money buying Russian oil and
gas than they have spent on defending Ukraine by far.
Think of that, and we've spent perhaps three hundred and
fifty billion dollars.

Speaker 8 (11:39):
Those are fictional numbers, and this is a fictional narrative.
President Trump keeps telling the story about how the US
has sent Ukraine way more than Europe has collectively. In fact,
Europe has committed and provided more aid to Ukraine during
this war than the US has. So Trump said the
US has spent maybe three hundred and fifty billion and
Europe one hundred billion, while a German think tank that
closely tracks this issue found the US has committed about

(12:01):
one hundred and twenty six billion, actually allocated about one
hundred and twenty one billion, so way less than three
hundred and fifty billion. He said Europe has spent one
hundred billion, while the think tank found Europe had committed
two sixty three billions. Are way more actually allocated about
one hundred and forty billion. Now you can get different
numbers with different counting methodologies, but nobody legitimate, even the
US government itself, has gotten anywhere close to that three

(12:24):
hundred and fifty billion figure that President Trump keeps using.

Speaker 5 (12:27):
Daniel Dye. The other thing he claimed he was on
the phone yesterday to the heads of the three major
carmakers claiming that they are all loving tariffs, which I
know not to be true because the guy who hits
Ford the other day used the word chaos. It is chaos,
so he made that up as well.

Speaker 3 (12:41):
Well, that's unless that particular car maker likes chaos. You know,
have you not heard the term organized chaos? That's supposed
to be good, isn't it? Yeah, I got it. It
is rare that chaos in relation to, you know, paying
people's wages and making profits. It is rare that those

(13:05):
two things go together. I am a Glen Hart. Thank
you for listening to this episode of Chaos today, and
we'll bet we'll be bet with more chaos tomorrow, probably
especially giving it its Friday.

Speaker 1 (13:15):
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