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May 5, 2025 • 12 mins

THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) But Why?/The Great Selloff/More Damned Lies/Massive eMail Scandal/Real eMail Scandal

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Speaker 1 (00:09):
You're listening to a podcast from News talks'd be follow
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Speaker 2 (00:24):
The Rewrap, Oh good idea and Welcome to the Rewrap
for Tuesday, All the best butts from the Mic Hosking
breakfast on News Talks. They'd beat in a sillier package.
I am Glenn Hart and today Fonterra. Should they be selling?
All this stuff is antisocial behavior, the same as retail crime.

(00:45):
Have we got a major email scandal on our hands?
And if we do, is it just the one that
Mike Wilbs has got himself involved with? But before any
of that, why do our brains keep training? Why?

Speaker 3 (00:55):
Why?

Speaker 2 (00:56):
Why?

Speaker 3 (00:56):
I always finded amusing when official THEOM is confused and
they soon confused yesterday as to why so many of
our brightest minds have bailed and gone off overseas. Now
this is the group of top achievers at school in
c EA level. Are the ones with international qualifications as well.
Now more of them than ever have left the country.
Officialdom here doesn't know if they're enrolled off shore or

(01:18):
here's the critical point why they left. Fortunately I can
help well, at least a little bit. We had one leave,
couldn't get out fast enough, went off and studied. We
have a niece currently studying offshore. We also have a
nephew who left, studied and graduated last year. They were
or are all bright, all got top marks, and here
is official them's answer. All wanted to get the hell

(01:39):
out of here. Studying at an obseas university has become
a thing in the last handful of years. In one way,
it is no different to the vast ways of other
New Zealanders who have set records exiting in the past
couple of years as well. In simple terms, the brighter
you are, the more prospects you have. Part of your
brain power and academic success will have led you to
the realization that there is a big world out there

(02:00):
with a lot of opportunities. You want a slice of
this action. Anecdotally, as regards higher study post secondary school,
I can tell you the amount of MARI doctrination at
high school these days is not just absurd but counterproductive. Now,
I know it's not PC to say that, and I
know it's not scientifically fact based, but I know what
kids tell me. And even in this current generation, which

(02:20):
is far more willing and open to this type of
bilingual Mari based approach to learning. By the time you've
had five years of it at high school, you're done
what they failed the grip when they were hell bent
for leather. And this applies to broader life in New Zealand,
ranging for Mari names of government departments, the news greetings
on the television at night. If you overegg something, you
get pushback, which is where we are right now. But

(02:42):
I think there also must be some acceptance that is
a small insular country at the bottom of the world
when times are tough, the world remains shiny and brains
get you access. I would have once said, and this
is the really sad part about this, I would have
once said, most come home. But I look at our
wider family and I'm not sure that's actually true anymore.

Speaker 2 (03:03):
No. I mean, if you had a chance to get
away from my oposting, would you come back? Ever, I
think he might need to re examine what the root.

Speaker 4 (03:13):
Cause of all this actually is. It's a rewrap right now.

Speaker 2 (03:17):
The other day, Mike said he thought that Miles Harrel
deserved a major promotion or pay rise, despite of the
fact that he does get financiing our omical amount of
money anyway, but he thought that he deserved even more,
except he doesn't need to be hugely in favor of
some of the things that Fonterra are trying to do.

Speaker 3 (03:36):
And our regulars will know my view on the pending
sale of the Fonterira consumer business if you're not up
with the play. Fonterra want to offload various brands, Mainland
Capity anchor the stuff you see in the supermarkets. They
argue they're better at the bulk stuff like milk powder
and the associated by products, the r and he being,
of course, one of the of the byproducts off milk
powder is ice cream and cheese. So a road show

(03:57):
was held, explanations were offered to the shareholders and the
latest news is we have some interested parties. Now interested
parties is a double edged swort. Good that we have
people wanting to hand over cash. That'll be good for
the price of this a bit of competition, but not
so good because interest to me means people see what
Fontira don't want to, making it a bit tricky. Is
Miles Hurrel, who's been on this program and explained very

(04:19):
clearly why he's doing what he's doing, and who am I,
or indeed anyone to argue with Miles, given Miles has
done an amazing job with the company and seems on
a bit of a role. But one of the interested
parties is lack Talis. Now who are they? Well, they're
the biggest dairy player in the world, which sort of
backs up my point. How is it a French dairy
giant wants a bit of what a New zealandery giant doesn't.

(04:39):
How come a company in the same market sees what
I see and Fontira doesn't. What is it they can
do to accompany they buy that Fontira apparently count this
is all related activity. Of course, there's nothing stopping Fontira
being good at ice cream or butter or skim milk.
Are they seemingly decide they just don't want to be
And would Miles say, lac Talis, I suppose that their

(05:00):
sort of scale globally could market and sell in a
way we never could now if he said that, he
might have a point. But until that becomes clear, my
argu I think is still alive. I am not convinced
they aren't making a big mistake, and at this level
a very expensive one.

Speaker 2 (05:15):
You know, I don't fully understand it either it would
it be like Apple selling just their subscriptions without actually
selling any iPhones or computers, or is.

Speaker 4 (05:25):
It the other way around?

Speaker 2 (05:26):
It would be then only selling iPhones and computers and
not selling any subsection.

Speaker 4 (05:30):
I don't know. It's got too complicated.

Speaker 2 (05:32):
It's about finance, and it's made my head go round
and around again.

Speaker 4 (05:36):
Rewrap.

Speaker 2 (05:36):
Now, there were some people who wanted us to do
an interview about the latest retail of crime stats, but
then Mike began to wonder if they were actually stats.

Speaker 3 (05:48):
The reason we're not interviewing anybody about the retail New
Zealand survey on the fact that ninety nine percent of
its membership experienced some form of crime slash anti social
behaviors because we have on this program a BS detector,
and as soon as that came out yesterday it went woop,
warp whop, which is what our BS detector does. It's
a warp anyway, ninety nine percent, it's up from ninety
three percent. What does this actually mean? And more importantly,

(06:10):
why don't they make a distinction. This is not to
defend crime in any way, shape or form, or gormless
morons who do stupid stuff and retail outlets. Don't get
me wrong here for a second, but there are two
different things. Crime is one thing. Antisocial behavior is something
completely different. So if you lump social behavior or anti
social behavior in with the crime figure, guess what you're

(06:31):
going to have. Virtually everyone, when was the last time
you encountered any form of antisocial behavior? Every single one
of us in life has encountered antisocial behavior. We haven't
necessarily encountered crime because they're in a different category. So,
in trying to spook the story, as so often as
the case, what happens is the body that represents the people,
whether it be consumer, whether it be retail New Zealand,

(06:53):
whether it is a union, whether it's a charity looking
to spook their particular cause for the week, what they
do is they conduct a survey, They come up with
some alarmer's number and they go looklock. Generally, unfortunately, most
newsrooms get sucked in by that and they give them
the coverage that they were so desperately wanting. What isn't
good And we will talk to Mark about this tomorrow.

(07:17):
Report a physical violence and assault, that is crime, that
is real, and that is a problem. It's running about
three hundred and forty three incidents per month. Now, the
other part that I noted yet again where the retailers
could be on board, is that they don't report this,
and they don't report this because they have decided that
it's not worth it. Now, if you decide not to

(07:38):
report something because you've decided it's not worth it, that's
on you, not on the authorities. If you report something
and nothing is done about it, then you've got yourself
a complaint and we'll give you the coverage. But if
you're just sitting there having been bowled over by whatever,
some flug who came through your door, and you go on,
the cops aren't going to do anything about it. I
can't be bothered. Fine, then don't, but don't complain about it,

(07:58):
and don't participate in the survey that gives false claims
and false figures.

Speaker 2 (08:01):
One thing this has made me do, though, is take
a good hard look at myself. I am antisocial and
that I would rather not socialized. I'd rather just be
by myself. And so is all my behavior then antisocial?
Like am I subjecting my work colleagues, for example, to
anti tooky behavior just because you know I don't want

(08:22):
to go out for free pizza on a Friday afternoon.

Speaker 4 (08:26):
Or whatever it is that they do. I don't even
know what they do the.

Speaker 2 (08:29):
Rewrap am I morphing into Mike Coscin Anyway, we've got
email scandal for you, but we haven't really.

Speaker 4 (08:38):
Somebody emailed some work to themselves.

Speaker 3 (08:41):
This was always going to be the way. Just let
me give you a flavor, Mike. In regards to Erica Stamford,
I think it's time the government defunded TV and Z. Mike,
I hope you're going to smash TV and ZED this morning.
Why I continue to watch is beyond me. To lead
a story on the wrong use of email and security
protocols is beyond comprehension.

Speaker 4 (08:57):
Mike.

Speaker 3 (08:57):
Sounds like we need to do an expose on the
TV one news editor, their journalists, and the labor Party.
Mike w an absolutely pathetic beat up non story TV
one News parade last night. To be fair to TV one,
TV three also ran with it and ended with the
words I can't remember the woman's name, but she ended
with the words Jenna Lynch. She ended with the words

(09:18):
how much trouble she's going to be in? And I
thought were at school were at kindy. This is what
passes for news these days. Unfortunately, I'm not here to
defend or otherwise these operators, but the text gave it away.
If you continue to watch that because you think it's
a credible news source, then more fool you, because every
day that those sort of stories are Technically, yes, she's

(09:38):
broken the rules. You're not supposed to use another email,
but she sent herself the material, so in other words,
she sent it to herself. It's her material. She sent
to another of her computers. Now there is almost impossible
to believe Part two coming tonight allegedly, if it turns
out Erica's been feeding this information to the Russians or

(09:59):
the Chinese, fine, no problem, I'll apologize tomorrow. My suspicion
is Erica's above board, Erica's a good minister, Erica's done
nothing wrong, and this, yet again, is another monstrous beat
up by people who should know better.

Speaker 2 (10:13):
Oh yeah, but you can stay there. Emails as pretty
ten to get pretty toxic with the little email scandal.
Just ask keller Y Clinton. I'm pretty sure it cost
her at least when election, and in the wrong emails,
in the wrong place, at the wrong time, The rewrap
actually speaking about cybersecurity and the highest powers.

Speaker 4 (10:33):
Of office in the United States.

Speaker 2 (10:35):
You know how Mike Waltz basically was the full guy
for the whole Signal thing.

Speaker 4 (10:41):
He hasn't learned his lesson.

Speaker 3 (10:43):
By the way, Mike Watz, who got rolled the other
day out of the Trump administration this morning. Smash which
is an app that runs an app Schmart runs. It's
in Israeli founded app. It acts as a modified version
of Signal. Waltz liked Signal, hig Seth likes Signal. Problem
with Signal is it's open to being hacked. Guess what,

(11:04):
that's right, It's been upon detection. We acted quickly to
contain it and engaged an external cybersecurity firm to support
our investigation. Out of an abundance of caution, all telemssage
services have been temporarily suspended. So you can see why
he's ended up at the up at the UN.

Speaker 2 (11:20):
How can you trust something called Smash with national secrets?
Oh no, you've smashed it. That's what I'm going to
say from now on. Ah, you completely smashed it. Smashed it. Now,
Now I sound like I'm just one of the King's

(11:42):
tea parties. Well, you've smashed it, Charles, you absolutely smashed it.

Speaker 4 (11:49):
I'm going to stop talking.

Speaker 2 (11:50):
Now and I'll start again tomorrow with another rewrap Us.

Speaker 1 (11:52):
There for more from News Talks B listen live on
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