Thursday - being steady on a rollercoaster

International Correspondence with NZI Insurance. Peace of mind for New Zealand Business. Brick, we go. What's the good morning to you? Good morning to you, mate. So this interception of the UK surveillance plane just took us through the details how dangerous was it? It was, I think, slightly over-adulterately dangerous. The Russians have become over the last four or five years more and more cheeky. You might put it if you were being rather latitudinous, but also dangerous, if you were being serious about this, in breaching UK and Ireland, and to a degree from St Belgium's air defenses. And these guys obviously came close to British planes. You know, it's a ratcheting up every so often. And it's a ratcheting up only by half an inch, but it's still a ratcheting up. And it's something we have to worry about. And it should worry us because we have a parless defense system at the moment, given that we haven't spent any money on it. And it might remind us it might actually be good that we're going to spend a bit more money on this stuff. Exactly. I watched Streeting overnight, Resign, which is over-exciting, but I gave out on the show yesterday, a poll, and between Streeting, Burnham, you know, pick any other labour in peace. Streeting appears to be wildly unpopular in this particular poll. So it's like, basically, it's suggested he could go up against anybody within the Labour Party and he'd lose. Yeah, that's absolutely right. I don't know why that. It's obviously occurred to you 12,000 miles away in Auckland. I don't know why it was referred to when Streeting. It occurred to me quite clearly. He didn't have the numbers when he went to speak to Sir Keir Star. A week ago, quite clearly he doesn't have them now. And of all the people who were considering running against the Keir Star Emma, he is the last one who I think would get the job, which may be a shame from Labour's point of view, because he's a competent bloke if a bit too full of himself. But, you know, there was a opinion, probably, some he would have said that if you would give a vote tomorrow, who of the more would he vote for? Starma came second. Yes, yes. No, that is the depth we are in. So Burnham is clear that there will be a coronation, as I said a week ago. There will be a coronation of Andy Burnham and he will hope to build on bringing together the left and the right of the party. I'm not sure he can do that. Now, I was going to say, is that a problem? Because since you were last on, because you had Tuesday office, that the bond markets are a bit nervous about it. Somebody is left as him. This whole economy thing is fine. Do they worry about that in the Labour Party? There isn't a clue to them. They do worry about it a bit. I don't think the backbenchers worry about it, but Andy Burnham probably worries about it. And I think Andy Burnham is clever enough to know you're running to be a Prime Minister of this country. What you see, what you don't want to do, is say something which immediately costs the government 3 billion quid. It's a cheat at work at night. And I think it grasps that. This seems to have done the last three days having said things like, I want to speak the bond markets and so on. That being said, allow me to be leftist for a while, or rightist, depending upon how you view it. I don't think the bond markets should dictate what government policy should be. No, I didn't think that was Liz Truss, and I don't think he was Andy Burnham. You say he's home free in the by-election, or you're not going that far, because that's the other hurdle, of course. No, I think he's home free. Right, yeah. A lot of people who are more eminent than me have been saying no he isn't, but I think he is. Yes, it is a very strong reform vote in the constituency, but that reform vote isn't tribal like Labour and Tory votes used to be. It's something which can switch at the cost of a coin. Okay. Explain to me, I mean, it's happening at your place in Britain as well, but I mean, the Scottish are mental. How does a government go to the supermarkets and go? Those items there, I mean, is this North Korea and Russia? You can't cap the price of food, can you? Probably not, probably not. But, you know, sitting where I am in a constituency in the North, used to being there, which is desperately impoverished. You do think, how do we help these people? You know, well, okay, one way of helping these people is telling them to stop by and so much junk food. And that's a rather right wing thing to say. But it's true, by the same token, it's also true, that the pound in the pocket of the average person up here in the Red Wall has diminished very rapidly over the last three or four years. And people really are having trouble making ends meet. And that's why we have food banks. It's not just green prospective MPs trying to gain themselves favor. They're actually needed. You know, we do need some of this stuff. And, you know, in a first-world democracy, which is comparatively rich, we shouldn't, you know? All right, mate, yeah, a good weekend, Rod Lysl. Out of Britain. For more from the Mike Horsking Breakfast, listen live to NewsTalk's "Ed B" from 6 AM weekdays or follow the podcast on iHard Radio.