The Forum > General Discussion > Teflon Pete strikes again !!
Teflon Pete strikes again !!
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Thank you kind sir, I aim to please, well some of the time anyway :) :) :)
You are of course correct in stating that private enterprise frequently make a profit where gubmunt muppets lose heaps, however there is a bit more to the iceberg than what is visible. For example, when Teflon Pete corporatized Ergon & Energex, he neglected to tell the sheeple that he'd opened a tap that spewed megadollars directly into consolidated revenue. His protege' GoAnna the Blight & incumbent General Disaster likewise 'forgot' to notify Queenslanders of the itty-bitty billions of dollars they have siphoned off from a hitherto 'essential service', establishment of which was paid for by the sheeple. Mind you there were quite a few 'gubmunt' assets flogged off that were actually the property of the sheeple (stealing as a servant, misrepresentation, false pretences. uttering false documents ??) The private companies which 'acquired' the retail electricity business in Queensland may be more 'efficient' in some ways however it comes at a cost, like around four billion dollars per annum over and above what the admittedly inefficient Energex & ergon muppets had been costing us. (average ten million pa for each of the fatcat CEOs, plus shareholder dividends, operating profits etc etc). Note that even with the inefficiency of public entities, Queenslanders are five billion pa worse off with corporatization and privatization. All this information is in the public domain despite not being considered newsworthy by News Limited or even Fairfax for that matter.
to be continued