THE HITCHHIKERS GUIDE TO WINSTONS TRAVELS

My, My, Justin Allen is good at writing fiction it seems


Read this post we did a while back

then this at Wellington Hive re the Las Vegas story

This is the important bit.

Well in one instance we have been able to view the original reply received by Rodney Hide to some questions that were answeredin mid September. So we can answer question 8311. According to the document history the itinerary was drafted by Justin Allen on 17 September. This, in itself, is interesting given this post on the blog Roar Prawn. But it is interesting that a new itinerary was created as opposed to the original itinerary from the Ministerial visit programme being used. This will have to be investigated in due course.

Too bloody right it will - we dont let things go .... we chase em down ....

ICELAND MELTS

No doubt Justin Allen who used to have a heavy interest in EU politics will be interested in what is happening in Iceland.

The Sweeper says with the cash leaving the country as the carry trades unwind and the Japanese and Chinese take their funds home to safety against yield and interest, it could be an interesting time for the government as a lot of the carry trade money is in Govt bonds over 2 and 3 years.


This from the Guardian

The financial meltdown in Iceland continued this morning when Kaupthing became the third bank to fall into the hands of the authorities.Kaupthing was forced to turn to the country's financial watchdog after the evaporation of confidence in the Icelandic economy left it unable to keep operating as a private company.The collapse of Iceland's biggest bank comes just days after Glitnir and Landsbanki were also nationalised. Virtually the entire Icelandic banking sector is now under state control.The board of Kaupthing has resigned, handing control of the bank to Iceland's Financial Supervisory Authority. The regulator has said that branches will be open for business, with domestic deposits fully guaranteed.Iceland's whole economy appears on the verge of breakdown, with debts 12 times larger than its GDP. Its stock exchange was today shut down until Monday, due to the "unusual market conditions". Three days ago trading in financial firms was stopped.But Sigurdur Einarsson, executive chairman of Kaupthing, claimed that the company had been performing well just two weeks ago, before the first reports of problems at Glitnir sparked panic."Credit rating agencies downgraded their credit ratings for the Icelandic state and the Icelandic banks, and foreign investors unleashed a landslide in which they tried to get rid of Icelandic assets, regardless of how solid they were," he said.Einarsson also appeared to lay some of the blame on the UK, claiming that the panic over Landsbanki's Icesave deposit scheme had led to a flood of funds out of Kaupthing Edge, his bank's UK offering.Kaupthing's British operations were placed in administration yesterday by the UK's Financial Services Authority. Its £3bn of deposits were swiftly sold to ING, leaving hundreds of staff fearing for their future.The crisis at Kaupthing has also forced property tycoon Robert Tchenguiz to sell major stakes in J Sainsbury and Mitchells & Butlers, Britain's largest pub operator, leaving the billionaire nursing losses estimated to exceed to more than £800m.
Yesterday Gordon Brown said that the UK government will compensate individual savers with Icesave, and vowed to take legal action against Iceland to recoup any losses. Unlike Icesave, Kaupthing's UK accounts were already covered by Britain's banking guarantee.But up to 20 UK councils who banked with Icesave could lose millions of pounds because wholesale deposits are not protected.

QUEEN BEE ON THE PINOT?

WOW , the old girl must have been out on the tiles last night and it appears from the quality of the posts on the Hive Queen Bee had a couple of glasses of Wycroft Pinot Noir too many.

She wants us to boycott TV3 because they have broadcast another one of the " secret " tapes that was made at the National Party conference.

Now poor old QB isn't a journalist and doesn't realise that todays independent media like TV3 is only interested in entertainment. And we think it is very entertaining TV. Duncan Garner is the best eye candy of any of the TV political presenters.

And Keeping Stock has fallen for Queen Bees drunken musings as well


We don't have a problem that TV3 aired another of the tapes because we know that TV3 , to ensure fairness and balance, will publish the tapes that the VRWC has "obtained " over the last month or so.

However we are prepared to sell them to the highest bidder, with money going to the Breast Cancer Foundation because QB has made such a tit of herself.

Please email bustedblonde@gmail.com if you would like to buy them.