Posts by Sacha
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Hard News: Angry and thrilled about Arie, in reply to Graeme Edgeler,
I really hope not
I presume you mean so the principled formal process is seen out?
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Legal Beagle: Legislate in haste..., in reply to Phil Lyth,
an opportunity for policy to be debated
I'm not sure the current government believes in that, on principle.
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Hard News: Angry and thrilled about Arie, in reply to Hilary Stace,
I'm imagining a conversation along the lines of "why can't we interview you both together then?"
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Hard News: Angry and thrilled about Arie, in reply to giovanni tiso,
police will be able to walk away simply by dropping the charges
I suspect that would be the intent at this stage, yes.
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Hard News: Angry and thrilled about Arie, in reply to Russell Brown,
The non-association order we've now learned about
I'm surprised the Sunday show did not mention it, given that they interviewed both Arie and Michael.
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Hard News: Angry and thrilled about Arie, in reply to Hilary Stace,
It would be good if John could avoid confusing things by dragging the generator thieves into this. Not helpful.
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Hard News: Is that it?, in reply to BenWilson,
Isn't that premised on mistrusting government more than private providers though?
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Field Theory: How's that working out for…, in reply to Islander,
Fish oil works well for many, and no side effects.
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Hard News: Is that it?, in reply to BenWilson,
Considering the current ruling parties can barely make any changes at all without consulting the polls in apprehension, I think dipping their hands into funds belonging to NZers of all political affiliations would be suicide unless there was a very, very good justification
I recall hearing about 1990s NZ governments looting accumulated EQC and ACC funds. The current lot suspended contributions to the Cullen fund (pre-paying some of the upcoming boomer superannuation bulge) and transferred KiwiSaver obligations from employers to employees. Doesn't seem to have hurt their poll ratings one jot, though that could also be the lack of anyone holding their feet to the fire.
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Danyl has a post about the broken market for CEO salaries (warning: discussion mentions Rand). He links to a story about a local survey:
Top chief executives are being paid up to 50 times as much as their average employees – and the gulf between boss and worker is widening.
...The BusinessDay survey estimates that, on average, a chief executive's pay last year was just over 18 times that of an average worker at the same company. It was based on pay disclosures for 2010 and a short questionnaire sent to 34 listed New Zealand companies.
Also links to a US study:
"Lately there have been legitimate concerns about CEO pay," said Stanford Professor Robert Daines. In 1992, the average CEO of an S&P 500 firm earned $2.7 million. By 2000, average pay for these CEOs had increased more than 400 percent, to more than $14 million. When compared to the pay of average workers, the increase is even more dramatic: In 1992, CEOs were paid 82 times the average of blue-collar workers; in 2004, they were paid more than 400 times those salaries.
"Barry Bonds makes a lot of money because he's a great baseball player. In general, the best-paid players are also the most skilled," said Daines. "The main question is: Is the CEO labor market working in the same way? Do you make more money if you are better at it? Or is the market for CEO pay broken, in that CEOs receive high pay for something besides skill—like having friends on the board?"