While the government is ditching dopey legislation they should look at this bill

The government is busily ditching dopey or contentious legislation at the moment ahead of election year.

Richard Harman reports in his email this morning and highlights in a post:

The Government is plainly now clearing the political decks of anything that smacks of controversy with the next election expected to be in almost exactly 12 months. Key yesterday foreshadowed what looks like yet another backdown.

If this is true then I wonder how long the Natural Health Products Bill has got to live.

A reader emails about one particular dopey provision in the bill.

I am completely against this nanny-state bill that NO ONE has asked for and a waste of money/time/resources — and find it disturbing that the govt plans to regulate “natural products” especially since they cannot DEFINE what a natural product is.

Please see attached — it is the latest update – I have highlighted where it states “we cannot define a natural product until after the bill is passed” which is interesting.

How the heck do you pass a bill if you cannot define what you are attempting to regulate? This whole thing is utter nonsense….   Read more »

John and Helen, time to smell the coffee

Former New Zealand prime minister Helen Clark is losing support in her historic bid to become the first woman to head the United Nations, but she has no plans to quit the race.

Miss Clark finished equal seventh in the UN Security Council’s fifth secret ballot held in New York on Monday for the soon-to-be vacant secretary-general’s position.

It was one position better than the fourth poll on September 9.

But, in a disappointing sign for her campaign, nine of the 15 countries on the Security Council gave her “discourage” votes, two more than the last poll.

Miss Clark told supporters she was continuing her campaign and looking forward to the next phase of the vote.

“Many thanks to UN Security Council members who continued to support me,” Miss Clark wrote on Twitter. Read more »

Tagged:

Scott Adams on why he’s voting for Donald Trump

Scott Adams is the creator of Dilbert, he is also a very smart man as we have seen here in the past. He has switched from supporting Hillary Clinton to supporting Donald Trump.

He explains:

As most of you know, I had been endorsing Hillary Clinton for president, for my personal safety, because I live in California. It isn’t safe to be a Trump supporter where I live. And it’s bad for business too. But recently I switched my endorsement to Trump, and I owe you an explanation. So here it goes.

1. Things I Don’t Know: There are many things I don’t know. For example, I don’t know the best way to defeat ISIS. Neither do you. I don’t know the best way to negotiate trade policies. Neither do you. I don’t know the best tax policy to lift all boats. Neither do you. My opinion on abortion is that men should follow the lead of women on that topic because doing so produces the most credible laws. So on most political topics, I don’t know enough to make a decision. Neither do you, but you probably think you do.

Given the uncertainty about each candidate – at least in my own mind – I have been saying I am not smart enough to know who would be the best president. That neutrality changed when Clinton proposed raising estate taxes. I understand that issue and I view it as robbery by government.

I’ll say more about that, plus some other issues I do understand, below.

Read more »

Mental Health Break

PASTEL from H1 on Vimeo.

Bruce the Wandering Whale’s adventures in Amsterdam

PHOTO-supplied Whaleoil

Bruce the Wandering Whale in Amsterdam PHOTO-supplied Whaleoil

We arrived in Amsterdam on 19 September – for the main reason for the trip: my niece getting her PhD.

PHOTO supplied -Whaleoil

Amsterdam PHOTO supplied -Whaleoil

Rather than detail each and every day of our stay (three days), the following are the highlights.

 

PHOTO-Supplied-Whaleoil

PHOTO-Supplied-Whaleoil

Read more »

Map of the Day

Capital Gains Tax by stealth

Deloitte Chief Exec Thomas Pippos writes

72 per cent of respondents to the Mood of the Boardroom CEO survey believe that politicians have no appetite to engage on a capital gains tax and only 47 per cent believe not introducing one was a lost opportunity in terms of raising revenue and levelling the playing field.

By contrast however, the bright line rules are accepted by 71 per cent as a CGT under a different name and 88 per cent believe they should have been introduced earlier; 86 per cent also think extending the rule from two to five years would have a noticeable dampening effect on property.

What’s in a name here isn’t new. Officials, followed by all politicians, have continued to erode the capital boundary by taxing capital gains over time, but always by another name.

In addition to the bright line rules, we currently have proposals to tax capital gains in employee share arrangements. Other traditional capital gains made by employees are already taxed.

Capital gains on financial instruments, derivatives, bonds etc. are taxed, including on an unrealised basis. So are (in effect) capital gains on portfolio shareholdings in global companies (excluding Australian). We also have older rules that tax capital gains in certain property transactions. None are called a “CGT”.

Read more »

Tagged:

The Superbowl of politics

Is there any politics junkie that is not watching or listening to Hillary and Trump?

…the Super Bowl of politics is being held Stateside when the unpopular Hillary Clinton pits herself against the uncouth Donald Trump today in their first one on one television debate which is expected to be viewed by around a hundred million.

The Clinton camp, after threatening to have an obnoxious Trump rich list critic in the front row, saw the Republican candidate take to his dumb phone to tweet that he’d invite one of Bill Clinton former mistresses to take pride of place among his supporters.

For a man who’s not surprisingly struggling to muster up female support, you’d have to wonder what his reasoning was, although that’s the case with most of what comes out of his mouth.

As if Bill Clinton’s dalliances should impact on his wife. If anything she’d surely win brownie points for staying with him and eventually making the marriage work.

“Marriage”?

Oh please…

 

– Barry Soper, NZ Herald

Hillary Clinton v Donald Trump – Debate 1 [LIVE POST]

hillary-clinton-and-donald-trump

Join us and other Whaleoil readers in the comments as we watch today’s debate.  It should really be a Pay Per View event, but it is actually free.   Read more »

Photo of the Day

Calvin Leon Graham (April 3, 1930–November 6, 1992)

Calvin Leon Graham (April 3, 1930 – –November 6, 1992)

Medal of Honour

Calvin Leon Graham was the youngest U.S. serviceman, during World War II. Following the attack on Pearl Harbour, he enlisted in the Navy in May 1942, at the age of 12. He was wounded at the Naval Battle of Guadalcanal, while serving aboard USS South Dakota. During the battle, he helped in the fire control efforts aboard the South Dakota, but suffered fragmentation wounds in the process. For his actions he was awarded the Bronze Star and the Purple Heart.

For Calvin Graham, the summer of ’42 marked a terrifying rite of passage. The young seaman first class was aboard the U.S.S. South Dakota when the battleship was attacked by the Japanese during the battle of Guadalcanal. In the bloody fight that followed, the muzzle blast from the ship’s own 16-inch guns set sailors afire and hurled them into the sea while the enemy riddled the South Dakota with shells. Graham was blown off an upper deck while trying to rescue a wounded shipmate and tumbled 30 feet, shattering his upper jawbone. Half the ship’s crew of 3,300 were killed or wounded, and Graham emerged with a Bronze Star and a Purple Heart. He was, at the time, 12 years old.

Read more »