ONE NEWS CAPTIONS BY FAITH HAMBLYN AND PIPPA JEFFERIES. CAPTIONS WERE MADE POSSIBLE WITH FUNDING FROM NZ ON AIR. COPYRIGHT TVNZ ACCESS SERVICES 2013 DUE TO THE LIVE NATURE OF SEVEN SHARP, WE APOLOGISE FOR THE LACK OF CAPTIONS FOR SOME ITEMS. HI. WELCOME TO THE SHOW. 'MONEY IN THE BANK' USED TO BE A CAST-IRON CERTAINTY, BUT THE CALAMITY IN CYPRUS HAS PRETTY MUCH NIXED THAT. THEY RAIDED ACCOUNTS TO BAIL OUT THE BANKS. COULD THAT HAPPEN HERE? AND, IF IT DID, WE'D SURELY NOT LOSE THIS MUCH? 20% OR LESS. 20% OF WHAT I HAVE IN THE BANK? YES. OR LESS. CERTAINLY HOPE IT'S LESS. YES. WE'LL TELL YOU WHAT YOUR BANK DOESN'T WANT TO TELL YOU, WHICH COULD INVOLVE YOUR MONEY DISAPPEARING OVERNIGHT. AFTER THE BOMBINGS IN BOSTON, WE'LL TALK TO A KIWI MUSLIM ABOUT WHAT IT'S LIKE TO BE PART OF A RELIGION A LOT OF PEOPLE POINT THE FINGER AT FIRST. HE'S BIG, HE'S BACK AND HE NEEDS A SUIT ` EASIER SAID THAN DONE FOR OUR WOULD-BE NBA STAR. YOU'VE GONE FOR THE, SORT OF, FLOWERY PURPLE TIE THERE. YOU COMFORTABLE WITH THAT? YEAH, I THOUGHT IT WAS QUITE CUTE, SO... CUTE? YEP. OK. AND WE TELL YOU WHY YOU'RE STILL USING A BIT OF TECHNOLOGY WHICH IS 140 YEARS OLD AND ISN'T ACTUALLY THAT GOOD. AND THE UK HAD PAUL; WE HAD DAVE. A MUSICAL MCARTNEY DIES. HE WAS DESCRIBED AS ONE OF THE NICEST MEN IN THE BUSINESS. IT'S TUESDAY NIGHT. WELCOME TO SEVEN SHARP. SOON AFTER THE BOSTON BOMBINGS, THE NEW YORK POST REPORTED A SAUDI NATIONAL WAS INVOLVED, AND ONE AMERICAN MEDIA COMMENTATOR WAS ALREADY REFERRING TO IT AS A JIHAD. ONE TIMELY TWEET FROM A MUSLIM WOMAN GOT RETWEETED OVER 200 TIMES. ANJUM RAHMAN IS A PROMINENT NZ MUSLIM. WHAT DO YOU THINK SHE WAS GETTING AT? The situation in the United States is quite different to what we have in NZ. In August last year, in the space of 10 days, there were eight attacks on the Muslim community, including the burning down of a mosque. So you think she was worried that if a Muslim was identified as the culprit, there would be more attacks? I think there is fear in the Muslim community that they become targets, especially after attacks like this. That is really sad, because they are also grieving with everyone else about people who've lost their lives and been injured. Some member states have taken this as an opportunity to have a go at Islam. Did you ever get targeted? I have, but not in recent years. I render around the time of the Danish cartoons incident. We felt the effects of that here. Things that make you feel afraid. It's hard, because that is something you can't control or do anything about. Are things getting better? In NZ, they are. Through things like Islam awareness week, we have been engaging with the community more and improving things. Not so much an United States. Attacks are continuing on President Obama for allegedly being Muslim. People might be surprised that Obama has that she made things worse. As a Muslim, do you feel guilty for the stuff done by radical Muslims? No, because that is not what I believe. I do not talk to or influence them. And I know that I'm doing the best that I can. I'm missing the Waikato interfaith AGM tonight for this. I like to work with the community, to try to engage with them and build peace from the ground up. We were invited to the Waikato Jewish Association Holocaust Remembrance Day. I thought that was a huge thing. Thanks for standing up the interfaith meetnig for us tonight. Everybody needs a bogeyman; someone to point the finger at. You get something like this, where there is media coverage and a lot of people there, children involved. Forget about Oklahoma, things like that. This is where they poke the fniger. This is the sort of thing these groups do to make their point. It is historically more effective than distributing pamphlets. And we saw them lock down New York afterwards. For terrorists, job done. One bomb in Boston, shut down cities across the country. You would have thought that Obama coming in as president would have made people think about racial tensions and be more open. Stirred things up. Amazing. IF YOU'RE LIKE MOST OF US, YOU'LL HAVE ALWAYS THOUGHT OF YOUR BANK AS A GILT-EDGED PLACE TO PARK UP YOUR DOLLARS. HOWEVER, WHAT'S RECENTLY HAPPENED IN CYPRUS MIGHT HAVE MADE YOU THINK AGAIN. AND THEN YOU THINK, 'WHAT IF IT HAPPENED HERE?' WELL, THANKFULLY, THE RESERVE BANK'S WAY AHEAD OF YOU. BUT WORKING OUT WHAT EXACTLY THEIR PLAN IS HAS TURNED OUT TO BE NIGH ON IMPOSSIBLE, AS HEATHER DU PLESSIS-ALLAN FOUND OUT. THESE ARE JOURNALISTS LEAVING THE RESERVE BANK. WE'RE ALL FRESH FROM A BRIEFING ON WHAT WOULD HAPPEN IF YOUR BANK GOES BELLY UP ` HOW MUCH WOULD BE RAIDED FROM YOUR ACCOUNT TO SAVE THE BANK. OK, NOW, I'M SURE YOU'D LIKE TO KNOW WHAT WE LEARNED IN THERE, AND I'D REALLY LIKE TO BE ABLE TO TELL YOU, BUT I'M ACTUALLY NOT ALLOWED, BECAUSE EVERYTHING WE HEARD IN THE RESERVE BANK BRIEFING IS OFF THE RECORD. WE ASKED FOR AN ON-THE-RECORD INTERVIEW. WE WERE TOLD NO. WELL, THAT DOESN'T HELP YOU. SO WE'RE GOING TO TALK ABOUT IT WITH OR WITHOUT THE BANK. WE WOULD BE LIKELY TO HAVE HAIRCUTS WHICH WOULD BE 20% OR LESS. 20% OF WHAT I HAVE IN THE BANK. YES OR LESS. MM. I CERTAINLY HOPE IT'S LESS. YES. A HAIRCUT IS OBVIOUSLY HOW MUCH CASH YOU'D LOSE FROM YOUR ACCOUNT. AND IT ACTUALLY COULD HAPPEN IF YOUR BANK GETS INTO SERIOUS TROUBLE AFTER THE 1ST OF JULY. IT HAPPENED IN CYPRUS A FEW WEEKS AGO, AND THAT'S WHY THESE PEOPLE ARE ANGRY. BANK COLLAPSES HERE ARE PRETTY RARE. THE LAST TIME IT HAPPENED HERE WAS THE BNZ IN 1990. AND NOW THE BANK SHARES HAVE LOST THEIR BLUE-CHIP REPUTATION. IF IT DID HAPPEN AGAIN, THOUGH, THE OPEN BANK RESOLUTION COULD KICK IN, AND THIS IS HOW IT WORKS. IMAGINE THESE STACKS OF COINS ARE FOUR DIFFERENT BANK ACCOUNTS. SO THESE ARE THE WEALTHY GUYS. THESE ARE THE POOR GUYS. THE BANK IS IN TROUBLE. WHAT HAPPENS TO THESE ACCOUNTS? EXACTLY THE SAME PROPORTION OF EVERY ACCOUNT GETS REMOVED. SO IT'S A RELATIVELY SMALL AMOUNT THERE. IT'S A MUCH LARGER AMOUNT FROM THAT ONE THERE. THE POINT IS TO GIVE YOU ACCESS TO MOST OF YOUR MONEY ASAP. AND THIS IS ENOUGH TO SAVE THE BANK? AND THAT'S ENOUGH TO SAVE THE BANK SO THAT IT CAN REOPEN THE FOLLOWING MORNING. OK, SO I COULD GO TO THE SUPERMARKET THE NEXT MORNING AND ACTUALLY STILL GET MY GROCERIES? IF YOU HAD $500 IN YOUR ACCOUNT AND YOU WANTED $200 WORTH OF GROCERIES, YOU'D BE FINE. IF YOU HAD $200 IN YOUR ACCOUNT AND WANTED $180 WORTH OF GROCERIES, YOU MIGHT THEN BE IN RATHER MORE DIFFICULTY. SO WHAT ABOUT THOSE PEOPLE WITH ONLY $200 IN THE BANK? IS IT FAIR TO EXPECT THEM TO HELP BAIL OUT A HUGE BANK? DAVID DOESN'T THINK SO. IN AUSTRALIA, THEY'VE EFFECTIVELY SET A LIMIT OF $250,000. DAVID'S SOLUTION ` AND REMEMBER, HE IS AN EXPERT ` WOULD WORK LIKE THIS. WE'LL ASSUME THESE TWO ARE BELOW THE` THEY'RE BELOW THE CAP. IN THAT CASE, TO GET THE SAME AMOUNT INTO THAT POT, WHAT WE'LL TAKE IS SLIGHTLY LARGER AMOUNTS FROM EACH OF THESE, AND WE WIND UP WITH THE SAME AMOUNT IN THE POT WE HAD BEFORE, BUT THE BURDEN OF WHO PAYS IS CHANGED. AND AFTER THESE PROTESTS, THAT'S EXACTLY WHAT THE CYPRIOTS DID. THE EVENTUAL OUTCOME OF... IN CYPRUS TO EXEMPT THE FIRST 100,000 EUROS IS, IN FACT, A REASONABLE AND PRACTICAL WAY OF DOING IT. GUESS WHAT? OUR RESERVE BANK THOUGHT OF THAT TOO. IT'S A CLAUSE IN THE OPEN BANK RESOLUTION CALLED THE 'DE MINIMIS' CLAUSE. BUT GUESS WHAT AGAIN? THE RESERVE BANK WON'T TELL US YET WHAT SIZE BANK ACCOUNTS IT'LL PROTECT. THERE HAVE BEEN SUGGESTIONS FROM RESERVE BANK-TYPE CIRCLES THAT THIS MIGHT BE $1000 OR $2000. AH, TRY HUNDREDS OF DOLLARS. I'M NOT SAYING THAT I HEARD THAT IN HERE. I'M JUST SAYING KEEP AN OPEN MIND. WHY WON'T THE RESERVE BANK SAY WHAT THE 'DE MINIMUS' AMOUNT IS? MY UNDERSTANDING IS THAT THEY ARE FOND OF SOMETHING CALLED CONSTRUCTIVE AMBIGUITY. (SCREAMS) RIGHT. THAT SEEMS LIKE A REALLY GOOD PLACE TO BAIL OUT OF THIS STORY. AND HERE'S SOME CONSTRUCTIVE AMBIGUITY FOR THE RESERVE BANK ` YOU'RE DOING A GREAT JOB OF KEEPING US INFORMED. I KNOW WHAT YOU'RE THIlNKING. YOU'RE THINKING, 'IT'S MY MONEY! HOW DARE THEY?!' Well, they might. Constructive ambiguity refers to the deliberate use of ambiguous language over a sensitive issue in order to advance some purpose. It is often disparaged as fudging. So the reason there fudging with this is because if we knew the truth, we might not act the way they want us to. If they don't tell you what the limit for the account is, you will keep a better eye on what is going on with the banks. The problem with that is that our banking system is described as one the least transparent. Surely the upshot of this is that if you have a wad of money lying around, you'd spread it out over a number of banks, or put it in property. The last thing we need is another excuse not to go to the bank. IF YOU AGREE THAT, AS A BANK CUSTOMER, YOU DESERVE MORE INFORMATION ABOUT THESE CHANGES, MAYBE YOU SHOULD ASK THE RESERVE BANK FOR AN OFF-THE-RECORD BRIEFING YOURSELF. AFTER THE BREAK ` WE ASK THE QUESTION OF QWERTY. WHY A VERY OLD IDEA'S STILL PUSHING OUR BUTTONS. ALSO ` A YOUNG MAN'S FIRST SUIT'S AN IMPORTANT STEP. BIT TRICKY WHEN YOU'RE THE SIZE OF BASKETBALLER STEVE ADAMS. SOME THINGS ARE LIKE THEY ARE BECAUSE THEY'RE JUST RIGHT. COFFEE CUPS, FOR INSTANCE ` DRINK INSIDE, HANDLE OUTSIDE, DRY PANTS. EVERYONE IS HAPPY. BUT SOME THINGS CHANGE, EVOLVE, OR, IN THE CASE OF, SAY, TYPEWRITERS, DISAPPEAR, WITH THE ADVENT OF COMPUTERS. WHICH GOT ME THINKING ABOUT SOMETHING WE JUST ACCEPT, HAVE DONE FOR OVER A HUNDRED YEARS AND REALLY, MAYBE, SHOULDN'T. UPBEAT MUSIC LOOK AT NEARLY ANY WORKPLACE WITH A COMPUTER ` WHICH, LET'S FACE IT, IS NEARLY ANY WORKPLACE ` AND ONE THING WILL BE THE SAME. SPOT IT YET? TAKE ANOTHER LOOK. HOW ABOUT NOW? BUT DON'T WORRY ` THIS ISN'T GOING TO BE SOME BORING TECHNICAL STORY ABOUT THE INNER WORKINGS OF A COMPUTER OR THE OLD CHESTNUT OF MAC V PC. NO, THIS IS FAR MORE TACTILE, AND IT'S LITERALLY RIGHT AT YOUR FINGERTIPS. IT'S ABOUT THE KEYBOARD, AND THE STUPID WORD 'QWERTY'. 'QWERTY' IS THE NAME GIVEN TO LAYOUT ON KEYBOARDS ` BECAUSE YOU CAN SPELL THE WORD OUT ON THE TOP ROW OF THE LEFT-HAND KEYS. INCIDENTALLY, TYPEWRITER IS MEANT TO BE THE LONGEST WORD YOU CAN SPELL ON THE TOP LINE. THE SELDOM-USED IS POIUYTREWQ IS THERE TOO, IF YOU WANT IT, THE SELDOM-USED POIUYTREWQ IS THERE TOO, IF YOU WANT IT, BUT I SENSE YOU MAY NOT WANT IT. ANYWAY, IS QWERTY THE BEST AND ONLY WAY FOR US TO TAP AWAY? NO, NOT REALLY. THERE'S EMERGING EVIDENCE TO SUGGEST THAT IT'S POSSIBLY NOT THE BEST OPTION, AND THERE ARE DIFFERENT ARRANGEMENTS OF THE KEY LAYOUT THAT COULD BE MORE BENEFICIAL IN TERMS OF DECREASING... OR INCREASING SPEED, DECREASING ERROR RATES AND INCREASING COMFORT. ONE PRETTY SLICK ALTERNATIVE IS THE DVORAK SIMPLIFIED KEYBOARD, INVENTED IN THE 1930S. AND, TO BE HONEST, IT JUST SOUNDS LOADS BETTER. THE DVORAK, IT'S SUGGESTED, AND THE EVIDENCE HAS SUGGESTED THAT 70% OF THE WORDS THAT PEOPLE TYPE OCCUR ON THE HOME RUNG ON THE DVORAK, WHEREAS ON THE QWERTY KEYBOARD, ONLY AROUND 32%. THAT LITTLE? THAT LITTLE, YEAH. SO YOU'RE SPENDING A LOT OF TIME MOVING? MOVING YOUR FINGERS TO OTHER KEYS; OTHER PLACES ON THE KEYBOARD. THIS IS THE KEYBOARD NOW. THIS IS IT AFTER A DVORAK MAKEOVER, AND MOST OPERATING SYSTEMS CAN SWITCH. PIECE OF CAKE. BUT IF YOU THINK THAT'S INTERESTING ` AND I CAN TELL FROM HERE YOU DO ` WHAT ABOUT THIS? ARCHIVE: TODAY, TYPEWRITERS ENABLE WOMEN AND GIRLS TO PERFORM MILITARY AND INDUSTRIAL SERVICES AS IMPORTANT AS THOSE PERFORMED BY MEN. NOW, THE REASON WE ARE LIVING IN THE QWERTY WORLD IS BECAUSE OF THESE THINGS ` TYPEWRITERS. THEY WERE INVENTED IN AROUND THE 1860S, 1870S OR THEREABOUTS. WHEN THEY WERE MADE, THE CREATORS OF THE TYPEWRITER FIGURED OUT THE ONLY WAY TO STOP THESE ` THE STRIKERS ` JAMMING WAS TO LAY THEM OUT IN SUCH A WAY THAT THEY STOPPED... JAMMING... LIKE THAT. AND THUS, QWERTY WAS BORN. AND THAT'S NOT ALL. WE ACCEPT OUR KEYS ARE KIND OF STAGGERED, RIGHT? Q, A AND Z AREN'T IN A STRAIGHT LINE ` NONE OF THEM ARE. WHY? WELL, THESE WERE STAGGERED, AGAIN, TO ALLOW THE LEVERS TO MOVE AND SO THAT THEY DIDN'T JAM. WE'VE KEPT THAT STANDARD FORMAT. FOR NO REASON, OTHER THAN THAT'S JUST THE WAY IT'S DONE? COS THERE'S NO LEVERS TO JAM, OF COURSE. NO, ELECTRONIC. IT'S THROUGH STANDARDISATION. SO, LET'S RECAP. WE'RE STICKING WITH SOMETHING INVENTED ABOUT 140 YEARS AGO BUT PHASED OUT IN, SAY, THE MID '80S, WHEN COMPUTERS REALLY TOOK HOLD. WHY? We have been enjoying ridiculing Greg the being a nerd there. BUT that was quite interesting. It is quite a big deal to swap over to a different system. I did little test with these two ` speed test. Jesse, how many words per minute? 81? Lying! I did typing at school. You? 37? And you? Oh, it's only a number. 92. I was ablaze. Didn't you see the smoke coming off my keyboard? We're just using one finger? Mashing her head. REMEMBER STEVE ADAMS, THE KIWI BOY WE FOUND PLAYING COLLEGE BASKETBALL IN THE STATES? A COUPLE OF WEEKS AGO, HE MADE THE BIG DECISION TO STEP UP TO THE NBA. IT SEEMS HIS LIFE'S MADE, BUT AS JEHAN CASINADER DISCOVERS, HE'S STILL MISSING ONE KEY PIECE OF KIT. IT'S A BIT MORE SNAZZY THAN A SINGLET. YEAH, OF COURSE I FEEL LIKE A BOSS. LOOK AT MY SUIT. STEVE ADAMS' IN HIS VERY FIRST SUIT, SPANNING ALL 7FT OF HIM. STEVE ADAMS IN HIS VERY FIRST SUIT, SPANNING ALL 7FT OF HIM. HAVE YOU HAD TO BRING IN THE STEPLADDER OFFICIALLY FOR THIS? YES, I HAVE. IT'S NOT SOMETHING I DO EVERY DAY. DO YOU GET SICK OF PEOPLE TALKING ABOUT HOW TALL YOU ARE? UM, AT FIRST, YEAH. BUT THEN I JUST GOT USED TO IT, MAN. WE'VE SEEN HIM ON THE COURT IN THE US. NOW STEVE'S HOME. VEGGIES MADE YOU TALLER? YEAH. REAL? YEAH. HE'S KEEPING IN STYLE,... I DON'T EAT, LIKE, JUNK FOOD OR ANYTHING. YEP. ...AND SOMEHOW, HE'S STAYING IN SHAPE. EVERYBODY SAYS YOU LOVE THE PIES. BRO, COS THEY DON'T HAVE THAT IN AMERICA. HOPEFULLY THOSE PIES WON'T STRETCH THE WAISTLINE. DO YOU KNOW WHAT PIES, HONESTLY, I'M GETTING INTO RIGHT NOW? BUTTER CHICKEN PIES, STRAIGHT UP. BUTTER CHICKEN PIES? MM-HM. WHY BUTTER CHICKEN? BECAUSE IT TASTES MEAN. BUTTER CHICKEN'S BLAND, THOUGH. OH MY GOD. BUTTER CHICKEN IS, LIKE, THE POOR MAN'S PROPER CURRY. NO WAY. I RECKON. YOU NEED TO GROW UP, MAN. GROW UP? JUST A BIT OF A LOW BLOW. STEVE'S PREPARING TO ENTER THE NBA DRAFT IN JUNE, A MOVE THAT'S GOT PEOPLE TALKING. SOME RECKON IT'S FAR TOO SOON; THAT HE NEEDS MORE TIME IN COLLEGE. DO YOU FEEL LIKE THERE'S A LOT OF EXPECTATION ON YOU? OH YEAH. THERE'S ALWAYS EXPECTATION. LIKE, I DON'T CARE. BUT WITH A $1M PAYDAY IN HIS SIGHTS, THE SUIT COULD COME IN HANDY. Is it just me, or does he always do stories of people much much bigger than him? That's everyday life for Jehan. AFTER THE BREAK ` WE PAY TRIBUTE TO DAVE MCARTNEY. HE WAS A KEY MEMBER OF ONE OF THE BIG '70S KIWI BANDS AND DESCRIBED AS ONE OF THE NICEST MEN IN THE BUSINESS. WHICH MADE IT EVEN HARDER TO BELIEVE TODAY WHEN NEWS CAME THROUGH THAT HELLO SAILOR LINCHPIN DAVE MCARTNEY HAD DIED. DEAN BUTLER LOOKS BACK AT HIS MUSICAL CAREER. HELLO SAILOR PLAY 'GUTTER BLACK' DAVE MCARTNEY WAS A KIWI MUSIC LEGEND. ALONG WITH GRAHAM BRAZIER AND HARRY LYON, HE WAS A FOUNDING MEMBER OF ONE OF OUR GREATEST BANDS, HELLO SAILOR. # 'GO TO SEA, BOY. GET TO SEA, MAN.' # FORMED IN 1975, HELLO SAILOR'S DEBUT ALBUM CAME OUT IN 1977, FEATURING ALL THE HITS: 'GUTTER BLACK', 'LATIN LOVER', 'LYIN' IN THE SAND' AND THE ICONIC 'BLUE LADY'. # OOH, BLUE LADY. # I WORKED ON RADIO HAURAKI'S MORNING PIRATES FOR MANY YEARS. HELLO SAILOR AND THE PINK FLAMINGOS WERE EASILY TWO OF OUR MOST POPULAR BANDS. I THINK IT WAS DUE TO A COMBINATION OF THAT SOUTH PACIFIC REGGAE SOUND, PLAYED WITH CHARISMA, AND ALWAYS A GREAT CHORUS ` ALWAYS. # I GUESS I'M RUNNIN' BACK... # TO YOU. # YOU IN MY BRAIN. # YOU IN MY HEART. # YOU IN MY BRAIN... # AFTER HELLO SAILOR, DAVE WENT ON TO JOIN THE LEGIONNAIRES WITH HIS OLD MATE BRAZIER, AND THEN FORMED HIS OWN BAND ` HE STEPPED OUT FRONT ` THE PINK FLAMINGOS. AND THE HITS KEPT COMING. # GET YOUR, GET YOUR, GET YOUR, GET YOUR FEATHERS AWAY FROM MY NOSE. # # ALL RIGHT, ALL RIGHT, VIRGINIA. # YOU GOT ME LOVIN' EVERY INCH WITHIN YA. # DAVE MCARTNEY MAY HAVE LEFT THE BUILDING, BUT HE HELPED LAY THE FOUNDATIONS FOR MANY OF TODAY'S NZ MUSICIANS. # PINK FLAMINGO. # YOU'RE A PINK FLAMINGO. # Pink Flamingos ` the name was A John Waters movie. I saw hello sailor up at St Matthew's many years ago. I've never heard of Pink Flamingos. THAT'S US FOR TUESDAY. SEE YOU TOMORROW. SEVEN SHARP CAPTIONS BY RICHARD EDMUNDS AND JOHN LING. CAPTIONS WERE MADE POSSIBLE WITH FUNDING FROM NZ ON AIR.