Related Political Animal reading
Monday, August 18, 2008
Vili's acheivement individually brilliant
Related Political Animal reading
Posted by Share Investor at 12:01 AM 0 comments
Labels: Beijing Olympics, Valerie Vili
Mark Weldon strikes out on Carbon Trading
When Mark Weldon came from a well paid Wall Street job at the beginning of this century to become CEO of the New Zealand Stock Exchange [NZX.NZ] I held much promise for this dynamic, ambitious, innovative and successful young man.
Weldon has fostered the NZX from a economic backwater exchange into a more broad based one with more revenue streams-even though it is still a underdeveloped exchange, but that is another story.
Unfortunately Weldon's latest push for more revenue, in the form of launching a "Carbon Trading platform", whatever that means, is at the risk of ameliorating his good results so far, and more.
Weldon seems to have caught the zealotry nature of the carbon trading Nazis , like Minister for "Climate Change", whatever that means, David Parker.
Mark talks of his TZ1 Carbon Platform as "leading the world" and "innovative".
"The most important thing NZX can do here is get the right CEO, free the business to succeed, and hold a high quality team accountable for results."
No it isn't Mark. Trading a real asset is the most important part of any market. Even if you had the smartest person in the world who fully understood the carbon trading market, you will still find it impossible to make this kind of platform a long term success because of its fraudulent nature.
Mark Weldon goes on:
"Mark Franklin is the perfect CEO for TZ1. He has the right technical background, knowledge, relationships, credibility, strategic skills and drive. Mark chose this position ahead of a number of global roles on offer to him - a choice that reflects his belief in the potential of this market.
Quite frankly we have heard this kind of enthusiasm for business and markets based on nothing for as long as human beings have had a history. The majority of Internet businesses and wild poppies traded in Holland during the 1600s were two similar fake manipulated markets and both of them collapsed with spectacular results.
The carbon trading market collapse will make those meltdowns look like a Tom Hanks and Meg Ryan movie.
The carbon trading market and the "economics" on which it is based has its genesis in the fraud that is the Enron invented carbon trading market and its associated Al Gore pushed "climate change" movement, scientifically disproved and with a negative economic impact rather than a positive one-which clearly makes it a liability rather than an asset.
To put so much misplaced faith in a market for trading carbon credits simply defies economics 101, something that Mark should have remembered from his 3rd form economic class-an asset has to have a clear value, be easily understood have a real demand based on an intrinsic value, not a demand pent up by politicians and scientists on the State breast-in other words a false market.
When the price of an asset is based on the regulator or principle organiser of trading that asset, TZ1 in this case, or the government setting or influencing the carbon price, then the relationship of trading to the value of that asset is not only artificial but in the long term unsustainable, in the true sense of that word, and will eventually lead to its collapse.
Mark Weldon has forgotten the basics to investing, what an asset is, the fact that a market relies on real assets to have any chance of a long term future and the history of previous economic collapses.
Putting faith in "Carbon Trading", being excited and passionate about it being a huge success is a thin veneer pasted over the reality behind it that it is based on a fraud.
You should be ashamed of yourself Mark.
Related Share Investor reading
Carbon Credit trading puts global markets at extreme risk
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead
Related links
TZ1 Market
Kristen Byrne - 15 year old schoolgirl debunks climate change myth
NZX financial data
Related Amazon Material
The Great Global Warming Swindle (DVD) Buy new: $14.99 / Used from: $15.99 Usually ships in 24 hours |
c Share Investor 2008
Posted by Share Investor at 12:01 AM 0 comments
Labels: 2009 NZX and ASX Stockmarket Holiday hours, Al Gore, Carbon Credits, climate change, Emissions trading platform, Enron, Mark Weldon, TZ1
Sunday, August 17, 2008
Colmar Brunton Poll:17 August 2008
Aug 17, 2008
National on track for gold (2:53) video
National is on track to win gold in this year's election despite recent unwelcome headlines.
Prime Minister Helen Clark has picked up support but is still trailing in National leader John Key's wake.
New Zealand First leader Winston Peters was caught up in the saga over receiving secret donations from wealthy businessmen.
And secret tapes hinted at leadership divisions and a secret agenda in the National Party.
But despite the drama, it doesn't seem to have hurt the party. National still has the support of more than half of all voters.
Labour has closed the gap a little, now on 37%. But Labour's gain is the Greens' loss. They are polling just 3.5%. The Maori Party sits just above 3%, New Zealand First is in deep trouble on 2.6% and United Future and the Act Party barely registered.
Continued
Colmar Brunton Poll: 20 July 2008
Colmar Brunton Poll: 22 June 2008
c Political Animal 2008
Posted by Share Investor at 10:42 PM 0 comments
National Party list out
The National Party list out this evening comprises yet more new MPs. This is in stark contrast to Labour's current motley crewe, which is comprised mainly of MPs from the 1980s.
Electorate
John Key
Helensville
Hon Bill English
Clutha-Southland
Gerry Brownlee
Ilam
Simon Power
Rangitikei
Hon Dr Nick Smith
Nelson
Hon Tony Ryall
Bay of Plenty
Judith Collins
Papakura
Hon Maurice Williamson
Pakuranga
David Carter
List
Anne Tolley
East Coast
Hon Murray McCully
East Coast Bays
Dr Hon Lockwood Smith
Rodney
Dr Wayne Mapp
North Shore
Chris Finlayson
Rongotai
Tim Groser
New Lynn
Steven Joyce
List
Hon Georgina Te Heuheu
List
Nathan Guy
Otaki
Lindsay Tisch
Waikato
Pansy Wong
Botany
John Carter
Northland
Phil Heatley
Whangarei
Dr Paul Hutchison
Hunua
Shane Ardern
Taranaki - King Country
Dr Richard Worth
Epsom
Hon Tau Henare
Te Atatu
Sandra Goudie
Coromandel
Eric Roy
Invercargill
Dr Jonathan Coleman
Northcote
Kate Wilkinson
Waimakariri
Chris Tremain
Napier
Chester Burrows
Whanganui
Craig Foss
Tukituki
Allan Peachey
Tamaki
Peseta Sam Lotu-Iiga
Maungakiekie
Hekia Parata
Mana
Melissa Lee
List
Kanwal Bakshi
Manukau East
Jo Goodhew
Rangitata
Jacqui Dean
Waitaki
Paula Bennett
Waitakere
Chris Auchinvole
West Coast Tasman
Nicky Wagner
Christchurch Central
David Bennett
Hamilton East
Dr Jackie Blue
Mt Roskill
Katrina Shanks
Ohariu
Colin King
Kaikoura
Paul Quinn
Hutt South
Michael Woodhouse
Dunedin North
John Hayes
Wairarapa
Simon Bridges
Tauranga
Amy Adams
Selwyn
Louise Upston
Taupo
Todd McClay
Rotorua
Tim Macindoe
Hamilton West
Aaron Gilmore
Christchurch East
Nikki Kaye
Auckland Central
Dr Cam Calder
Manurewa
Dr Conway Powell
Dunedin South
Stephen Franks
Wellington Central
Marc Alexander
Wigram
Malcolm Plimmer
Palmerston North
Mita Harris
Mangere
Terry Heffernan
Port Hills
Ravi Musuku
Mt Albert
Jonathan Young
New Plymouth
Richard Whiteside
Rimutaka
Paul O'Brien
List
Youngshin Watkins
List
Hamuera Mitchell
List
Viv Gurrey
List
Dugald McLean
List
Simon O'Connor
List
Posted by Share Investor at 4:03 PM 0 comments
Labels: National Party list