NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Politics

Paul Thomas: Don't panic - it's just another mystery of life

By Paul Thomas
NZ Herald·
12 Aug, 2011 05:30 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Opinion by Paul ThomasLearn more

Every generation has a sense of living in strange times full of inexplicable occurrences and tantalising mysteries, great and small.

Are we going through a particularly mysterious period? Perhaps not, but it certainly seems that way.

Take Kiwi caddie Steve Williams' now legendary rant. Was it primal scream therapy? Was he channelling all the actors who never got to deliver the Oscar acceptance speeches they'd spent years practising in front of the mirror? Or does he simply have an ego bigger and more volatile than a Chilean volcano?

Before his outburst, I would have said that nothing could make people feel sorry for Tiger Woods short of him being diagnosed with a horrible illness or having Charlie Sheen move in next door.

Not only did Stevie manage to do that, he also generated a certain grudging respect for his old boss. How did Tiger put up with that for 13 years?

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Then there are music videos. Given the dross that is shown, how bad would a song and a script for the proposed video have to be to fail to secure funding from New Zealand on Air? Is there a sealed container somewhere containing music videos that were deemed too unutterably crappy to air even in the insomniac's hours when only the lonely and the socially crippled are watching TV? If so, can we please see them?

I'm intrigued by the names manufacturers give their cars. Not so much SUVs, because even though they're mainly driven by urban women with designer sunglasses in their hair on their way to yoga, you can sort of see the point of names like Explorer, Outback, Tuareg, Pathfinder. The carmaker is trying to evoke the spirit of adventure and create an association with the great outdoors. The name reflects the product.

But what about names like Lucida, Xsara, Sirion, Alera and Delica? Why give your product a name that means absolutely nothing? Who makes these words up? If they are computer-generated, what do they feed into the computer apart from the letters of the alphabet? Again, it would be interesting in a morbid kind of way to see the names that are rejected.

And do we really have a government as such? There's Mr English who pops up now and again to tell us things aren't too flash. There's this big-boned Brownlee character whose role is obviously to be the whipping boy for the long-suffering residents of Christchurch. There's a wee chap called Finlayson, who deals with the peripheral stuff. And there's John Key who does everything else.

Despite his phenomenal workload, Key finds time for endless photo opportunities and pontificating on such pressing issues as the England rugby team's new black playing kit. And he never stops smiling.

Discover more

Business

Key shrugs off credit warning

09 Aug 12:43 AM
Opinion

Editorial: S&P's brave stand on US debt crisis

09 Aug 05:30 PM
Golf

Golf: I made a mistake - Williams

10 Aug 05:30 PM
Construction

Wild week, but shares are starting to find their feet

12 Aug 05:30 PM

Money matters become ever more mysterious. There are these faceless outfits called rating agencies which assess creditworthiness. When they speak, the markets go weak at the knees.

Never mind the old saying about lies, damned lies and statistics; never mind that if you ask 25 economists what sort of shape the economy's in, you'll get 25 different answers; never mind that the rating agencies' horrendous balls-ups helped create this mess in the first place.

Advertisement
Advertise with NZME.

The Financial Crisis Inquiry Commission appointed by the US Government to investigate the causes of the dog's breakfast that began in 2007 had this to say: "The three credit rating agencies were key enablers of the financial meltdown. The mortgage-related securities at the heart of the crisis could not have been marketed and sold without their seal of approval. Their ratings helped the market soar and their downgrades through 2007 and 2008 wreaked havoc across markets and firms." Seems pretty clear, doesn't it?

You'd think that these days, no one would take a blind bit of notice of anything the rating agencies said.

Yet strangely enough when Standard & Poor's decided that the USA was no longer worthy of a triple-A debt rating, investors around the world reacted by making themselves billions of dollars poorer.

Although the market functions on greed and fear, that doesn't stop those who work in it and participate in this lemming-like behaviour from blaming governments for everything that goes wrong.

Thus all week we've been treated to the spectacle of high finance types berating Europe's and America's political leaders for their lack of leadership and calling on them to "do something," even though they are supposedly philosophically opposed to government intervention.

When it comes to coolness under fire, these people make Dad's Army's hysterical Lance Corporal "Don't panic!" Jones look like Willie Apiata. If they were running the show instead of politicians we'd all be living in caves, eating bugs and nettles.

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Politics

Premium
Politics

‘No, it’s not’: Luxon denies new China flight part of Belt and Road Initiative

19 Jun 09:00 PM
Politics

As Middle East burns, Luxon meets President Xi Jinping in Beijing

19 Jun 05:00 PM
Premium
Opinion

Matthew Hooton: Unlucky Luxon’s popularity hits new low

19 Jun 05:00 PM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Politics

Premium
‘No, it’s not’: Luxon denies new China flight part of Belt and Road Initiative

‘No, it’s not’: Luxon denies new China flight part of Belt and Road Initiative

19 Jun 09:00 PM

China thinks NZ has signed up to a big Belt and Road project. Luxon disagrees.

Premium
Matthew Hooton: Unlucky Luxon’s popularity hits new low

Matthew Hooton: Unlucky Luxon’s popularity hits new low

19 Jun 05:00 PM
As Middle East burns, Luxon meets President Xi Jinping in Beijing

As Middle East burns, Luxon meets President Xi Jinping in Beijing

19 Jun 05:00 PM
Premium
‘Ardern lives in exile’: Jones attacks gas ban, calls for apology in fiery hearing

‘Ardern lives in exile’: Jones attacks gas ban, calls for apology in fiery hearing

19 Jun 05:00 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP