Let’s look at our democracy…we elect the naïve and the corrupt, who have no experience or qualification in running business, let alone a country, or have any economic training and those that do, basically do so to increase their business interests through policy, but because we like the look of them, and, what sometimes they say that pleases us, we give them such responsibilities. And we wonder why we’re broke, heavily taxed, and don’t own our own country. Sheesh! Is it any wonder why big business loves democracy? It’s run by idiots.

Let’s look at something as simple as Telstra…that we once owned. It makes billions in profits each year, and rather than that being revenue for the government, we pay a private company the money, while that revenue now lost to the government has to be replaced, and so we pay more taxes on something else to make-up for that loss of revenues. So in effect, you could say we now pay double for the same service.

And this is what a wonderful goldmine the telephone business is, that our illustrious leaders sold-off…all major telephone companies can give you $350 worth of calls for only $49, and still make billions in profits. WTF?!? Are you starting to see the total BS we accept as our everyday reality? We listen to nonsense and accept it. If what they said was true, they would be losing billions, not making billions. As a society, we’re not holding anyone accountable for what they say.

We listen to promises from our politicians, knowing most are lies, hoping the few they implement might be ones we agree with, but then state that we follow a “dogma”? How does playing “pick a truth” constitute dogma? We all know that action speaks louder than words, but forget to apply that to our politicians.

“You've definitely highlighted a lot of VERY extensive lengths of private power I didn't actually consider though.”

Very cool. I usually get told of the extensive lengths of cynicism I portray. But my cynicism is also an attempt at brevity in a big topic….sometimes.

I must say MC I agree entirely, and you have covered the topic exceptionally well.

Not to mention, that privatization policy in politics is a great way to get into a lucrative field in a high-profile but less-ethical industry without having to demonstrate competence or credentials most businesses expect from potential employees, nor having to contribute your own resources to get a company share (but instead contribute ours).