Wally of the week - Charlie Chaplin's latest fiasco:

John Key has been forced to suspend the sale of Mighty River Power shares and back down on the conditions of the 'registration of interest' etc, and give Kiwi mums and dads their money back - what a wally!  The National Business Review has reported that refunds will be offered to people who have already bought shares.

The official website for the share offer announces "Important - a 'material event' has occured in relation to the Mighty River Power Share Offer which could impact you."

Following the implosion of Solid Energy and recent revelations about Don Elder's financial affairs and the culture of wasteful extravagance at SE, not to mention the blackmail regarding Tiwai smelter, it's not confidence inspiring I'm afraid.

He's also been reported as saying that despite the utter and absolute incompetence and corruption now evident at the GCSB, NZ Police etc, he intends changing the law to allow them to spy on each and every one of us - because he believes Kiwi mums and dads have got weapons of mass destruction.

Beauty and the Beast - Chelsea Preston Crayford and An Utter Wally

  

The NBR also reports that Winston Peters is planning to hijack the Kiwisaver scheme.  Heaven help us.