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The Forum > General Discussion > Julia's NBN gravy train resembles more a ponzi scheme than infrastructure.

Julia's NBN gravy train resembles more a ponzi scheme than infrastructure.

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>>579-The greatest piece of infrastructure since the Snowy Mountains Scheme.<<

Hey 579 what an ill informed statement, on a thousand levels.

Snce the Hydro scheme completion the Ord River scheme delivered water and clean power to our west. The scheme generatates ongoing income to thousands of Aussies in small and large buisinesses who grow and sell, not to mention the extended economy that flows from servicing that segment.

What will we get for the 60 billion the government have borrowed to pay for the NBN, more fooking taxes.
Posted by sonofgloin, Monday, 9 January 2012 3:54:52 PM
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>>tomw-The Building the Education Revolution (BER) did some good things. One of the more impressive projects funded was St Monica’s Primary, North Parramatta (NSW) multi-purpose learning centre:<<

Tom that statement is just plain ignorant given the scope of the BER.
even the drovers dog knows that the private school segment were the only ones to get value for money because they were allowed to self manage their allocated funds. The public school system in every Labor run state was robbed blind by state governments that were broke before the BER, but just after a year of managing it had surpluses to report in their budgets. Get real, we are not all stupid.
Posted by sonofgloin, Monday, 9 January 2012 4:04:27 PM
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sonofgloin wrote 9 January 2012 4:04:27 PM:

>>>tomw ... BER ... more impressive projects funded was St Monica’s
> Primary, North Parramatta (NSW) multi-purpose learning centre:<<
>
>Tom that statement is just plain ignorant given the scope of the BER.
>even the drovers dog knows that the private school segment were
>the only ones to get value for money ...

St Monica’s Primary is a private school. So we seem to be in agreement.
Posted by tomw, Monday, 9 January 2012 4:29:30 PM
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tomw, special subject: the bleeding obvious.

Tom fact or not, in the context that you used the example, the example is erroneous, given your use of it to intimate the success of a failed program. It’s acolyte rhetoric.
Posted by sonofgloin, Monday, 9 January 2012 5:22:25 PM
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Sonofgloin,

Isn't it interesting that the Snowy Scheme was strongly opposed by Menzies at the time as being unnecessary, expensive and not needed and that it cost the same as the NBN as a percentage of GDP.

The Sydney Harbour Bridge met similar opposition at the time.

(Much of the added cost of the Snowy Scheme was due to it having a dual purpose as incorporating an intended underground research centre for a proposed nuclear industry that never happened).

Also the BER was intended to keep the contruction industry going throughout the GFC - which it did successfully - despite misleading media hysteria to the contrary and for which the government received international recognition and acclaim.
Posted by wobbles, Tuesday, 10 January 2012 2:36:55 PM
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Wobbles my old china, the Snowy scheme delivered green power, irrigation and water storage facilities. The bridge delivered infrastructure that allowed effective domestic and commercial carriage compared to the ferry service and the existing land route to our north shore.

Re the BER:>> http://www.theaustralian.com.au/national-affairs/ber-waste-tops-15b/story-fn59niix-1226090622303<<

>>The third and final report into the BER, conducted by former investment banker Brad Orgill, has found Victorian and NSW, have not delivered value for money for public schools under the program with public schools charged an average of up to 60 per cent more for school buildings, despite no differences in quality.

The taskforce has found the Victorian and NSW Governments - who delivered more than a third of the BER program - did not provide value for money in delivering projects and had in many cases delivered buildings of poor quality.<<

Wobbles I don't care who was in power or who whined about the vaunted outcomes of the Snowy and the Bridge, they were wrong. But the NBN is delivering a similar outcome to the technology in place at present and given the delivered speed to download the information relies on the servers capacity to accommodate rather than the end users capacity to download it is akin to owning a Ferrari and operating it in an environment with a top legal speed limit of 110 klm/h, there is no gain, no point to the exercise other than expenditure.

Finally regarding the GFC, have a look at our balance of trade during that period, nothing changed. Our lending institution had bugger all prime loan exposure, the Feds guaranteed savings but were not called on to pitch in money, domestic mortgage defaults remained constant and the employment rate did not alter. The GFC was a northern hemisphere phenomenon and to say otherwise shows a simplistic acolyte mindset. Wobbles if I say the right things will you lie for me too? I have no followers at present, but I an recruiting, will you be my boy wobbles, or like Christina Kineally will you be Sussex Streets girl.
Posted by sonofgloin, Tuesday, 10 January 2012 9:23:51 PM
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