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The Forum > General Discussion > Chinese Takeaway

Chinese Takeaway

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The Roman senator Anthony Abbott Augustus has wisely warned of corruption among NSW Liberal power-brokers. These will control 50% of the leased power grid which is very insecure .
Posted by nicknamenick, Monday, 15 August 2016 9:26:11 AM
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Hi there PAUL1405...

I do understand and appreciate your stance on War. If I say, if, we need to purchase Subs, they MUST be Nuclear, otherwise they're already outdated. Hopefully Paul, at least with half a dozen Nuclear Subs we do possess a real deterrent to other countries who may have a mind to attack us. Whether it be Indonesians, China or whoever - there's very few Nations who'd not think twice if confronted with the spectre of an appropriately armed, heavy hitting Nuclear Submarine. The name of the game is NOT to 'threaten', but 'deter'. Thanks Paul.
Posted by o sung wu, Monday, 15 August 2016 12:35:08 PM
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The great fuss over Pauline Hanson is understandable.
The simple fact of the matter is she was right !

If she had been wrong nothing would have been heard about her.

China it seems to me is laying up the foundations of a long term claim
to all or part of the country. There have been comments about the
Chinese navigator that explored a large part of the Indian Ocean.
That voyage it is claimed touched on Australia and lays a foundation
for a prior Chinese sovereignty claim.
Now that sounds over the top.
Is it not in the same as claiming the open sea ?
Their claim could be backed up with a list of properties owned by China.

When that Chinese voyager returned to China the Emperor decided not
to further undertake trade or exploration and burnt all records of the voyage.
Posted by Bazz, Monday, 15 August 2016 3:48:42 PM
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The Chinese burger buggers are resisting the take-away:
Private equity and strategic suitors are circling McDonald's (NYSE:MCD) Chinese business. This is part of a larger McDonald's pullback from Asia including South Korea, Malaysia, Singapore and Japan.
Thankfully the Mack attack has installed chopper pads on the roof of each Fort McDonald for airborne fast service.
Posted by nicknamenick, Monday, 15 August 2016 4:01:52 PM
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Shadow, what you may not be aware of is government, once relied on these state owned enterprises as a useful tool to reduce unemployment. 50 plus years back, governments purposely over employed to reduce dole queues and voter discontent. Inefficient, but effective, was 40,000 employed by the NSW Government railways at one time. That is not to say government enterprise if run properly today cannot be both efficient and profitable. The Commonwealth Bank, as a government enterprise at one time, was able to compete equally with private banks.
Posted by Paul1405, Monday, 15 August 2016 7:30:24 PM
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Paul,

50 yrs ago when the economy had ruined by rabid socialism, then wasteful employment schemes were necessary to mop up the vast numbers of unemployed. However, with unemployment close to 5% there is no justification for inefficient state owned monopolies.

P.S. finding a state owned enterprise running as efficiently as a privately owned one is like finding a needle in a haystack.
Posted by Shadow Minister, Monday, 15 August 2016 9:29:59 PM
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